This is a generic discussion thread to capture comments about potential Lincoln National layoffs? Any chatter, news or rumors?

Seems a lot of tenured and top people seem to be leaving. What's happening? Change, financial issues, struggles? I left a while ago.

Thoughts on how this might impact job security, if at all?

In the Q4 2023 earnings call on February 8, Chris (the CFO) said the following: "For example, last quarter, I discussed the expense headwinds we are facing and the opportunity to continue rightsizing our expense base. Earlier this week, we took... — read more 

They are outsourcing to India/South Africa with EXL and LTIMindtree

Share any updates you may have about Lincoln National layoffs? Any chatter, news or rumors?

Do you see layoffs on the horizon? https://www.bizjournals.com/philadelphia/news/2023/02/08/lincoln-financial-changes-cfos.html Or not? The article above seems concerning.

I’ve heard they are low on work a cross the board.

Post any information about potential or actual Lincoln National layoffs? Any chatter, news or rumors?

As much as everybody in power would like to pretend things are fine, they are not. We are burdened with unrealistic policies that slow us down day in, day out. We have to meet unrealistic goals but we have to do it while jumping over obstacles... — read more 

Understand and have learned of more cuts in IT and elsewhere out of Fort Wayne. How a company that is supposedly so busy, so profitable and with so much more work to do can let people go is beyond me.

Seems that more people are losing their jobs, once again to outsourcing. I'm not sure how this can be considered okay by the management, but it is what it is. I guess expecting to be treated with respect and to be valued for what we bring to the... — read more 

Make a prediction and tell us what you think about Lincoln National layoffs? Any chatter, news or rumors?

My cousin was just laid off today after decades with the company. His whole organization was let go at once. Work is going offshore to cognizant. Does anybody know which organization this was? I haven't heard anything about layoffs and now I'm... — read more 

Any news about the plan by bringing in McKensie and Company? Or, is this just a program of the every few years? McKensie is known for being brought in to find efficiencies (i.e. codeword for cuts). Annuity and related lines are the playground... — read more 

Is this going to be an interesting year as it relates to Lincoln National Layoffs 2021? Any news or rumors?

IT Infrastructure team let go about ten people last week.

This place has become a joke. I really wish I could put the senior management team into our positions just for one week. Just so they can see what our daily workload really is, all the technical issues we have to deal with, and all the unnecessarily... — read more 

That was before the Group IT announcement.

I've been hearing some rumors about some layoffs at Lincoln National before the end of the quarter, can anybody tell me if this is true?

Called into a room at 9am.

Is there going to be any reorg or Lincoln National Layoffs 2020? Any news or rumors?

Almost 90 people will be laid off by LN. https://www.nbcconnecticut.com/news/local/Lincoln-National-Corporation-to-Close-Rocky-Hill-Facility-511799181.html

If the market makes a turn soon, do you think there will be Lincoln National Layoffs in 2019?

Layoffs in financial functions across all locations. Outsourcing finance and accounting functions to india. Expect pervasive accounting and internal control issues in the future.

I hope to return some time. I left because of family issues.