Thread regarding VISA Inc. layoffs

Age inspired layoffs

I've seen many posts on this site referencing the recent layoffs disproportionately effecting older (40+) workers of good caliber.

It is against the law in the US for any employer to dismiss employees based upon age. While it can be difficult to prove, a layoff of this magnitude can show an unfair and illegal number of older workers being effected. They key is understanding the magnitude of those 40+ effected.

In a wide scope layoff such as what just occurred (or is now rolling through the former Visa Europe), it seems as if older workers were targeted, along with some younger workers who either had poor ratings or unfortunately were in the wrong departments which were cut. The key is if there was a disproportionate number of older workers effected.

If there is a disproportionate number of those 40+ who were displaced and can prove good work history and ratings, a class action lawsuit can be filed against the company.

What Visa is assuming is that it is difficult for employees to organize. This site can work for that.

No information on breakdown of employees effected was provided by the company with packages, and that is why packages were somewhat generous so that people would not organize and file suit.

Please respond to this post if you feel unfairly targeted by the recent layoff and explain in general terms why.

I am late 50's, had an excellent work history and employee review ratings, and was one of several people I know 50+ with similar history who were laid off. Younger workers in my and similar departments remain employed yet I know for a fact several have less than satisfactory ratings - some consistently for years.

This wasn't a target on the old time mentality employees from association pre-IPO days - many let go were intelligent, hard working people targeted strictly for their age. That is wrong. Try obtaining a similar position in responsibility and compensation when you are 55+. Not going to happen. They have hobbled careers and ruined lives and for what?

Please get the word out to those effected and have them reply to this string. There is a law firm very familiar with Visa's insane culture that is experienced in handling claims by employees unfairly let go.

There are choices other than letting Visa get away with age biased terminations. Let's make ourselves aware of the options.

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Post ID: @OP+KllXYGB

16 replies (most recent on top)

I am being targeted and told by my manager that the our new boss was targeting me - why? Told lack of performance, I have a stellar record but was struggling on individual financial performance due to organizational changes and team structure. I believe it is my age and being high salary. I have an attorney but will ask my counsel to contact the firm you listed. Thank you for your post

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Post ID: @4Hztv+KllXYGB

"class action lawsuit can be filed against the company"– We were strong-armed to sign legal documents in order to receive the “package” -- you don’t sign, you don’t get the $compensation. It stated clearly, no legal action can be taken after……... A fantasy to ban together and take action not only for age discrimination but race/gender as well.

Visa Inc is predominantly Indian. In 2016, 800 H1B’s were issued to fulfill roles at Visa, why? This is the definition for H1B: The H-1B is a non-immigrant visa in the United States under the Immigration and Nationality Act, section 101(a)(17)(H). It allows U.S. employers to temporarily employ foreign workers in specialty occupations.

The roles that I interfaced required no special skillset to warrant a H1B. Why do we at Visa Inc have Director’s under a H1B. Is there truly no one in the U.S. to fulfill the role.

I am age 50, high performer through-out my career of nearly 16 years and yes, I do have performance review copies to support this, to only be kicked-out the door along with many colleagues. Your position has been “eliminated”; really! Curious as to why so many open positions are posted on Job Boards. Let’s hire cheaper, younger and let’s not forget from elite colleges ONLY! *Remember the hiring requirements if you were in management.

Once so very proud to be part of Visa, diverse, fun, challenging, professional growth supported – it was about the people! Now you are a commodity -- ashamed and more so disgusted at the Executives, the Board of Directors for allowing this to occur and horrified at what the company culture has become. It’s revolting.

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Post ID: @3gobd+KllXYGB

Not sure if this helps, but feel it is pertaining to tenure-ism and not age. Tommy Jacobs specifically said that anyone working over 10+ years should be reconsidering other positions/jobs (outside Visa). This was discussed in an intimate group setting.

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Post ID: @2Mwar+KllXYGB

I was told that HR lowered the average age of layoffs by also laying off recent hires straight out of college. This ex HP HR is devious.

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Post ID: @toox+KllXYGB

Does Brendan Dolan agree there's enough for a class action?

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Post ID: @katj+KllXYGB

I also contacted attorney. 50+ employee with never a sick day or issue - always rated "outstanding". Let go for nothing other than age. I think there is credible evidence for a class action suit. Especially since they are now hiring, and I've heard people who were laid off in HR have it in writing not to interview anyone who is older than mid 30's. Yes, Visa is that dumb, or arrogant, or both.

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Post ID: @jfwi+KllXYGB

Frankly, I think it goes beyond age or racial bias. If you've ever had have a long sick leave (more than a week) or had a family member with extensive medical problems, I've seen an a lot of those folks get laid off , even if they're under 40 or 50 . Of there's if you are over 50 and have had these issues you've won the "we're gonna lay you off " jackpot.

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Post ID: @jgsk+KllXYGB

Frankly I think it goes be on age biases. If you've ever had have sickleave or had a family member with extensive medical problems I've seen an off a lot of those folks get laid off even if they're under 40 or 50 . of course if you over 50 and I've had these issues you've won the we're gonna lay you offja ckpot

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Post ID: @jvzr+KllXYGB

Has anyone made contact with the recommended lawyer?

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Post ID: @hfjy+KllXYGB

Definitely contacting the atty

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Post ID: @afim+KllXYGB

Please contact Brendan Dolan at Vedder Price in SF. We cannot continue to let Visa get away with targeting older, long term employees. If we can consolidate the feedback to one attorney, we will have a chance at bringing not only attention to this matter but also having them answer to their business practice.

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Post ID: @9fgb+KllXYGB

Have no idea where the Gloria Allred reference came from, but I am the original post author and that is not the firm I mentioned.

For anyone interested in pursuing further options, contact:

Brendan Dolan

Vedder Price

San Francisco

As bonuses are being paid today (November 15) - there should be some interesting feedback if that process was handled fairly and equitably, or whether Visa tried to punish those let go.

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Post ID: @2poz+KllXYGB

Interested. What law firm? If the name is dropped here than those interested could make contact to build a case.

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Post ID: @1xca+KllXYGB

I believe there is some concern that the recent "restructuring" targeted older workers. There could have been active efforts to place people in different positions that helped the company grow in the areas most needed and provide continued and meaningful employment for loyal and productive Visans. It seems it was easier for them to cut the cord on older, very capable employees and start fresh, no doubt with younger, lower paid staff.

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Post ID: @mpv+KllXYGB

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