This should transpire mid-Q1 2016 and it will be massive. Now that I see what happened with our stock price today this info makes even more sense - they will simply HAVE TO DO IT if they want to keep us afloat. Also, that will help with the funds they will have to distribute on the executive level and they want something for themselves right - so cut out the next layer... I bet we'll all spend another year on layoff.com...
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Classic headcount reduction technique. Have the VPs & directors fire the rank & file and then take out the management after they've fired everyone else. Motorola did this, but with a more compressed schedule. Rank & file in the morning, management in the afternoon.
How can a rumor be a lie? The OP clearly stated it's a rumor? So, if there is no claim that something is valid how can that be proclaimed invalid?
Lies
How reliable is this? Source?