Thread regarding VISA Inc. layoffs

Decent package, cannot complain

I got laid off last Tuesday (one of a two day process) as part of the big re-org as did over 30% of my team. Overall I hear the rumors that 800-1500 people across the globe were affected. Decent package but the choices of who got laid off were made by senior executives who didn't understand who was really doing the work!!! No logical rational as to the method of cuts.

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My entire team got eliminated and I would agree that the thought process on who was impacted doesn't make sense. All I can say is that a lot of over 50 tenured employees were impacted. Not just on my team, but overall. Hmmmm....very interesting since Visa has been vying to attract Ivy League grads as of late. I'm afraid that the soul of the campany has left the building and I predict the future of the company will be affected adversely. I'm selling my stock soon! Lol.

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