How likely is that there will be Manulife Financial layoffs? Any chatter, news or rumors?

I’m convinced there will be more layoffs coming before the year’s end. Especially given that the consultancy is involved. Please share if you hear anything.

Manulife Financial Corp. has cut hundreds of jobs in its global wealth and asset management business, representing about 2.5% of the division’s staff. The move was made “in an effort to leverage our global operating model and focus on high-growth... — read more 

There's been several people let go recently that I know of, any one knows of any layoffs?

Any insight? Hearing talk of cost cutting, offshoring jobs to less expensive locations, etc.

Unsure if it was due to being on leave or because actually massive layoff is in fact happening. Be warned.

Interesting article on company RTO mandates ... — read more 

Have you heard anything about potential Manulife Financial layoffs? Any chatter, news or rumors?

At least for now.

Layoffs of client facing positions. :( Some people had been here a long time.

Have the layoffs ever stopped at Manulife? Why are you still working for sociopathic crooked liars?

Was there a new round of lay offs last week? What’s happening?

Do you think there will be Manulife Financial layoffs? Any chatter, news or rumors?

Don't associate with manulife...not as an employee not as a customer. After people dedicate their lives to working there, they kick you out the door with a few months pay and call it even. Disgusting.

ELT has announced that the core business days in office is dropping from 3 to 2. This is effective September 1. But some business heads are demanding the three days in office. So they are overruling company policy and what the ELT says? Leadership... — read more 

Frankly, with things being the way they are and with guaranteed one or two major rounds of layoffs per year, along with the numerous smaller rounds, I'm shocked more people are not leaving. I think the leadership has no idea just how lucky they are... — read more 

Boston offices have had MANY outbreaks but no communications or no people sent home. Just left to figure things out on their own. Toronto supposed to go back to offices mid May. Will be just like Boston with outbreaks everywhere. And people are... — read more 

It was really awful when I got laid off. Now, after a year, I think that's the best thing that could have happened to me. But honestly, I’d love to come back here just for one day to see if anything has changed for the better during that year? — read more 

Please don’t kid yourself!! Manulife has adopted a new culture with the return to office. It’s called the Command & Control Culture. No flexibility and “thou shall and thou shall not” mentality. Managers no longer have the authority to manage their... — read more 

I've been with USB for a while now. I was told I had just avoided the last major transformation before I joined. I've been in tech for most of my career, you can guess what dept I'm in. The introduction of Agile isn't new to me, so this round of... — read more 

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How many layoffs did we have in the last two years? Four rounds? Five? And that's just the more significant rounds that all of us have heard about, I'm not even counting the small cuts that happen all the time. When will it be enough? When there's... — read more 

Heard Manulife will be making an announcement next week (Feb 14/22) on when RTO will happen. Everyone is being treated the same and expected to adhere to the plan. Pretty rigid!

Many are looking forward to the quarterly results report. I have no high hopes. You?

Hey, Just wanted to update and say that a huge number of layoffs happened on the 27th of January. From what i heard it was mostly back office teams like the quality auditors and design teams.

New Employees in the Philippines don't know what they are doing and are unable to answer questions. Requests for Supervisor to get an answer gets a promise to call in 24 hrs. No call ever comes. This is happened twice. Impossible service.

Bonus and layoff season. These go hand in hand at Manulife and John Hancock in the month of Feb...what's the scoop this time around?

Including all in-house graphic design roles. They've had budget cuts on projects for months. No appetite to hire temporary or freelance resources. People were told to just get the extra work done. Typical approach. Hopefully they were generous... — read more 

Most days it feels like being let go is a better option than staying at Manulife. Seems like a sinking ship! I can agree with this 100%. It's obvious that there's no future at Manulife and I'd rather be gone before the company hits rock bottom than... — read more 

Do you think there may be small/medium/large Manulife Financial layoffs? Any chatter, news or rumors?

https://www.bostonglobe.com/business/2020/01/06/ceo-rap-video-pulled-after-complaints-from-john-hancock-employees/s36Mzt90u2EDycyJbsgN5L/story.html

In addition to all the people they are letting go, it seems like a lot of top talent also leaving on their own. Saw that JH's CMO has moved on, along with many others. Knowing very few people there now. This is exactly what's been happening. People... — read more 

Don't work here if you're a developer. They'll underpay you and you'll lose your skill over the years because the business and work stinks and you'll learn nothing but politics and why you don't deserve a pay increase or promotion during your annual... — read more 

Is being a survivor here the worst deal of all? I am currently doing a double workload. We desperately need more people. Because of all the pressure and stress more and more people are leaving. Plus, when people who are training their replacements... — read more 

After telling us that there will be no layoffs due to covid, there have have been 3 rounds this year already (not counting all the layoffs from 2020). This last round removed the last 2 batches of hires, going back 2 years. But don't worry, they're... — read more 

More layoffs today? The message wasn’t clear.

I understand the bitter truth that a company must lay people off if its business is in any way jeopardized. And yet, was there enough reason for Manulife to fire 160 people at the worst of times? Is this company so financially vulnerable that it had... — read more 

Why did the company layoff 160 people during a pandemic, without helping them find new placements in a company that employs 35000 people. The company acted ruthlessly without compassion and done in the name of the dollar. Shame on the surviving... — read more 

How many of us are going to see their jobs outsourced before the end of the year? I see it happening constantly even if the company is trying hard to keep it quiet. People are constantly being cut as their replacements are being hired in cheaper... — read more