Topics regarding layoffs at VISA Inc.

Topics regarding layoffs at VISA Inc.

Quiet UK Layoffs Happening

Now happening in UK offices, unannounced layoffs in multiple areas, primarily those not writing computer code from IT related areas. Thinning teams out without the prolonged UK redundancy process. Being kept quiet, no announcements to colleagues... — read more 

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| 189 views | | no replies yet
Post ID: @OP+1tBW2ScM

Is this it?

At least for a while? Or there is more to the rumors that we can expect turmoil for months to come? If we are not done, it would be decent to give us heads up this time.

Your former CEO

How was cs viewed at Visa? Did morale go in the toilet while he was there? Did he leave a mess when he left? Inquiring minds at another financial company want to know.

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| 2785 views | | 3 replies (last March 24, 2023)
Post ID: @OP+1ehUDhfC

Look somewhere else

Some of the management people at Visa lack leadership, integrity and dedication necessary to properly run a company. I’m sure it’s not like that in all departments however I find it to be very true in mine. We have managers who won’t give credit... — read more 

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| 5648 views | | 1 reply (September 17, 2018)
Post ID: @OP+R30TmXT

Promote from within, not outside!

Visa used to be a company that I enjoyed working for but I moved on because of a few employees who were hired from outside of the company for positions that should have been made available to current employees. Instead of promoting internally, which... — read more 

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| 3680 views | | no replies yet
Post ID: @OP+QXSmoWr

FY2016 Bonuses Paid?

Wondering how people who were laid off have been treated for their FY2016 bonuses. I would avoid mentioning anything specific on here, but I just checked mine and it is a huge disappointment. Much less than expected, and expectation was in line with... — read more 

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| 4434 views | | 1 reply (November 15, 2016)
Post ID: @OP+Kn2hg0B

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... — read more 

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| 6452 views | | 16 replies (last August 31, 2017)
Post ID: @OP+KllXYGB

VISA - worst place to work Filled with ex pay pal folks who all support and stick to each other - there is NO merit

Most tech org. Is filled with ex pay pal folks - who were probably shown the door by pay pal - incompetent folks - all of whom have a silent coterie - they are not expected to work - all bonuses are pretty much controlled by the coterie - rest get... — read more 

Bad decisions

It seems people were cut based on criteria unrelated to their work or the need for their skills. In one particular case, a person was cut who has an exemplary work record (15 years at VISA) and does a job that literally nobody else does. It is the... — read more 

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| 4645 views | | 5 replies (last November 4, 2016)
Post ID: @OP+KbLt5Rz

Last-in, First-out

One VP told me once privately that he got his offer incl. comp package directly from his SVP before even being in contact with HR. They knew each other from their previous consulting firm and he didn't even submit his resume to HR. I had several... — read more 

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| 3759 views | | 1 reply (November 3, 2016)
Post ID: @OP+KbZiRRe

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