The rumors of an August rif sound real. Hearing August 23/24 but don't know anything else. Love the email about future forward success knowing more layoffs are coming.
11 replies (most recent on top)
"dead weights in development and product are gone, a lot more still here"
- unfounded and unhelpful nonsense.
Hard to fathom anyone making millions when the shareholders have been pounded.
Some dead weights in development and product are gone, a lot more still here and trying to hide while RIFing their teams.
This will continue, read recent FIS article that company is still people heavy. Expect RIFs in November based on past performance.
The company will be sold off in bits and pieces over next 1-2 years and SF and her minions will end up making millions.
Expect more RIFS in banking.
A RIF did happen last week. I don't know the full extent of it, but there are several people (including management) in the various Core Banking groups that are no longer with the company.
A test afterwards???
There are mandatory meetings for all development, product, and business leadership next week for a "Strategy Update". Attendance will be monitored and there will be a test afterwards.
Any idea on what part of the org will be rifted?
Layoffs always seem to happen on Wednesdays here. Based on performance this would not be surprising.
A Wednesday or a Thursday?
"Studies have shown that it's always better to fire people on a Friday."
https://www.youtube.com/watch?v=77c7z-y2G4Q
Sell, sell, sell. Get out now.