looks like the merger is actually happening. wonder what cuts MDP will implement
Any layoffs planned with the MDP acquisition?
Anyone hearing rumblings of more “efficiency “ coming from our new owners?
2019 2nd or 3rd layoff round
Govt filing https://www.sec.gov/Archives/edgar/data/1273931/000127393119000109/form8-k11112019.htm At least 40 laid off on Veterans Day, including veterans. Most all over the age of 45. More to come no doubt based on this filing.
Moneygram heads for the Brexit...(Br)exit.
Looks like MoneyGram has its pants down again. If Brexit happens on 29 March seems like there is no team in place to legally keep the money transfer license in Europe. After the debacles of 2018, losing the license for Europe will mean massive... — read more
Layoff of 100-150 key staff over the last month
Management spent money they did not have planning on being sold to Ant Financial. My team in the GRC expect huge cuts to staffing. Not at all impressed with the latest stand in CISO she is young and has no morals or ethics, definitely not management... — read more
Western Union to Buy Rival MoneyGram. Get ready for a massive purge in Minneapolis!
Western Union Said in Early Stage Talks to Buy Rival MoneyGram - Western Union Co. is in early-stage talks to acquire smaller rival MoneyGram International Inc., people with knowledge of the matter said, as both companies contend with stiff... — read more
Typical Short Sighted Executive Horse Crap
From what I can tell, Moneygram will be outsourcing it's entire customer support organization over then next three quarters to call centers in Mexico. The new support agents will be trained to respond to customer questions using a knowledge base and... — read more
We are hiring in IT?
Moneygram is hiring in IT, come and join us, do not listen to rumors
Hundreds will be let go
Over next two months, you'll see - 2014 will be a bad year for all of us here at Moneygram. I do not have specifics but I know that the IT gorup is targeted and Finance.
Here we come again
Here we come again. I hate working here anyway, so if they let me go they might be doing me a favor. The concept is good, the money transfer concept is working good and is making easy money. But the execs over here are short sighted and are not... — read more
Where, what locations? Corporate?
Where, what locations? Corporate?
85+ people were let go during 8/3 - 8/5.
85+ people were let go during 8/3 - 8/5.