How many days are you being required to be in the office?
Get ready if you think you know who is safe you do not
is your resume ready it better be because no matter where u are or where u go it may be time to get serious about indeeding yourself out there
Let's pretend we didn't see it coming, again?
http://www.shadowstats.com/alternate_data/inflation-charts https://www.highereducationinquirer.org/2020/05/lets-all-pretend-we-couldnt-see-it.html
It is very noticeable that they've cut the best
My team was significantly affected in previous layoffs. I was surprised whom they chose to cut. Any reputable organization would try to retain such people. Now it's already become very noticeable that some of the best people were laid off. It... — read more
Old place, old problems ... same issues
When will the folks that have sweated and toiled for so many years at this place realize that it is not for them, but for management? The goals of a business never changes, CCB is always pulling up the rest, and the few are empowered not the many... — read more
More layoffs to come?
I can't relax and be productive because I constantly have the feeling that more cuts are coming. Perhaps I worry too much. I don't have any information, I'm just here to ask if maybe someone has some new insights about cuts?
Earnings report
Things are much better than expected. We beat estimates, revenue is significantly higher than predicted ($33.49 billion vs. $32.1 billion), and the stock followed suit and is up 2.6 percent. Shouldn't this mean that we're done with layoffs, at least... — read more
Kanye
What happened
The bottom line is to make the manager look good
I am leaving after many years spent here and I am looking forward to my last day. If I could give advice to those who are staying and trying to keep their jobs, I think the most important thing is to make your manager look good. In short, this would... — read more
"Stocks could fall ‘another easy 20%’..."
"JPMorgan Chase & Co. CEO Jamie Dimon warned investors on Monday that he expects markets to remain volatile for the foreseeable future, and that the S&P 500 could easily fall another 20% as the Federal Reserve continues to raise interest... — read more
Sedwick/HR accommodation
Did you know if Sedwick or HR still approving extension for covid related health accommodation approval? To still working from home. ? I know they don’t release public cases on the building but is knowing people getting sick.
Buckle up...
"The investor of "The Big Short" fame noted in a Friday tweet that there are 218 companies with a primary stock listing in the US, a market capitalization north of $1 billion, and annual losses exceeding $100 million. Of those, 29 boast market caps... — read more
Is it true that now they are cutting even some of the stellar performers?
That's what I heard. I'm not really surprised, but if they cut some of the best employees, morale will soon be non-existent.
CCB (credit cards) could be eliminated
https://www.ft.com/content/f6d8d454-2413-4f2b-945d-825d0a68730b Always a good idea to be working on a backup plan.
HLA and HLS
Any word on what is happening with field folks? I know all field has a meeting Oct 3.
Which departments are the safest?
There is very little transparency, as usual. I hate that this is way I have to inquire about what is happening, which locations and which departments are affected. I only know that my motivation to continue working here has never been this low.
do not worry tech
My SRE brothers and sisters, You will be retained because we're already running lean.
Severance
What is this I'm reading about reduced severance? Can anybody clarify, please?
What’s the Pattern?
The first round seemed to be lower performance based and people on write ups.. but what stats did they use this time, if any? Seems like some higher performing people were let go this round. At this point is it just randomized?
Business Update AZ
Az just got the invite for 1:00 meeting
Tempe North
Have emails gone out yet? If they have what departments were impacted? I’m sick to my stomach over all this.
Layoffs ~ if you are impacted
Share with those impacted Get copy of your paychecks Review Scorecard Update your personal email address to get necessary information & updates #I’mImpacted
Tons of MORTGAGE LAYOFFS 9/22/22
More large zoom call layoffs Crazy things employees who have very strong scorecards ~ great rankings were let go. Feel better now that the zoom call is over! Considered an active employee through Nov 6 ~ but medical benefits good through Nov 30... — read more
Layoffs in Correspondent Lending - 9/22/22
There were layoffs announced in Correspondent Lending today. I am located in Jacksonville and I am one of the impacted employees.
9/29 Layoffs
Please post updates/any information on future layoffs here. With so many lay offs is it still reasonable to expect it to go thru 9/29? If so, is it going to be the same depts and states?
Updates for today 09/22
Post updates here.
Emails sent out.
What time will the emails be sent out to go to the zoom meeting?
Who roams here
Do only mortgages roam thelayoff.com? I only ever see mortgage people here. What about all the other depts
Mixed feelings
I see that there are many who are very anxious about whether they will be affected but I am more indifferent than ever. I would like to find a new job before I get cut, but I don't worry so much anymore even if the opposite happens. I don't know if... — read more
Look for a new job anyway!
Even if you survive this round of layoffs, the wisest thing is to never stop looking for a new job. Because, for those who survive, I believe it will be harder than ever, and who knows what will happen at the end of the Q4.
Fed Rate and Jamie Dimon @ congress
The CEOs of the biggest U.S. retail banks, including JPMorgan Chase's Jamie Dimon and Wells Fargo's Charlie Scharf, are set to testify before the Democrat-led House Financial Services Committee Fed to raise rates today another 75 pts
400 CCS Layoffs
Is it true? What about Arizona?
This Is stressful!
What Is going on for the CCS's in Jacksonville?
Waiting is more stressful
If I'm going to be cut, I'd rather it happen sooner than later so I don't have to wait in uncertainty as to whether I'll be a target. Of course, I would like to find a job while I still have a job, but I think that this uncertainty is more... — read more
WFH/Layoffs
If you work from home will they call you back Into the office or will they do it over zoom.
Layoffs are inevitable
The only thing any of us can do at this point is to make sure that we're prepared to the best of our ability for when it happens. This means making sure your resume and LinkedIn profile are updated and that you're constantly networking. Reach out to... — read more
New Thread - Updates
I know many of us are concerned over what might happen during the next few days/weeks. I thought it might be easier to start a new thread where updated information can be posted instead of having to search multiple places. please post accurate... — read more