#layoffrumor

Check the meeting rooms being booked by hr. They usually do a mass in person and book every meeting room. Usually before the pay period. Just a heads up

When will layoffs start for NetSuite in Europe?

I know this may be a bit of paranoia and this could genuinely be Mike reshuffling leadership, but with the stock not doing well and rumors of company cutting costs I think it's a bit of a hint that there may be lay offs soon.

everyone is talking about this, any reliable source of this info?

Any truth to the rumors?

hit friday, we're told its over, but i have my doubts.

One of the posts here said the August cuts were the 2 Tuesday of the month. Did I miss it or was there really even one? The firm really doesn’t believe in getting rid of people, in my personal experience.

That could lead to bad press. According to my manager, the firm only cares about what people could think might happen.

If you are store level asset protection or Human Resources expect cuts early 2026. Rumors circulating that both those positions will be eliminated from bronze doors and under. Golden doors will more than likely still have those positions. More than likely asset protection will be the first to go, followed by H.R. leads.

It is because a big headcount cut will happen and will be announced around November 12, minimum 10k employees will be impacted.

Yup, and the email sort of blamed the employees. In any case, just a guess but layoffs are gonna have to happen. Again, no first hand knowledge. Guess they should not have bought two companies.

Was there some massive layoff? All the union folks are gone from their sections.

Anyone know the specifics of the rewards changes mentioned on the beat? Direct questions were glossed over. It sounds like the intent is to not reward low performers in November? With the November layoff rumors this is even more concerning.

Any whisperings about RIFs in Specialty?

I keep hearing that 1000-1200 associates are going to receive the ISP. This would be a substantially higher number than what have been discussed related to Reimagined. Is anyone else hearing similar rumblings?

they are offering OT for snp CM. Does this mean we may be safe from layoffs? Thoughts? I

Could anyone share what is happening around layoffs?

Heard rumors of a big RIF coming soon. Any confirmations on which locations? Which division?

With more bad news about the company coming out, layoffs are starting to feel closer and more likely. The outgoing CEO did say a couple of weeks ago that they might become unavoidable. Wondering if anyone’s heard anything new.

Rumor there's been recent layoffs effective immediately....anyone know anything or been impacted?

I’ve been hearing more and more about small numbers of people being let go here and there. Weren’t we supposed to have an official large round of layoffs in Aug or Sept?

With all the changes taking place at OpenText, when do you think there will be a layoff or exits of non performing sales reps.