#internalturmoil

What’s going on in finance? Upstream CFO quits then a lot of mid-career hipos quit. No word from management on what’s going on

We have had our system down since Friday. Nobody knows what they are doing to try and fix it. Customers are going to be so pi---d off when we have to stop shipping because we cant process anything. This sh-tshow is before all the layoffs as well. I have literally been sitting here doing absolutely nothing for 2 days while secretly chuckling inside because I feel like this is karma

BASF managers will decide who to lay off based on complex factors like personal disputes, retaliation, maintaining dominance and status, rivalries, and internal power struggles, often stemming from cycles of stupidity , lack of opportunity, trauma, and loyalty, with layoffs often escalating through social contagion and misidentification in social networks.

Is this end game for career connect or are their other changes pending? Seems like there's less information and features available than before the transformation. What was the point?

Some MD's have saved their bootlickers by moving them around to other people under Nawani but data team members n Markets and Banking and International has been hit. That's all I know.. Not sure who or how many or what titles

Attending meetings this week and the energy and expectations is awful, it’s clear there’s no vision and I’m already so burnt out. Does anyone know if it’s possible to opt into the layoff?

I was just wondering if anyone has heard whether Accredo will also be impacted by the current layoffs at Cigna, or if that area is expected to remain stable for now.

There seems to be a lot of uncertainty, so I thought I would ask in case anyone has heard any updates or information being shared internally.

I’ve seen quite a few people leaving from the UK offices across different departments — some went mid-May, others are due to ship out end of May. It was a mix of VBGs and the rest, probably around the 100 mark all in.
Heard the RIFs are pretty much done in the smaller spots like Spain. Italy got notified as well but they’ve got that 75 day consultation period to go through. Not sure what’s happening with France and Belgium, they’re pretty small outfits anyway.
Germany’s probably next in line for another 100 heads, seeing as they’ve got nearly 300 over there. There was some chat about selling off Professional Services and Security to a partner, but I’ve got no proper intel on that.
Anyone know any more?

Many of the holes are being now plugged with today’s org announcements. AD to the Chief of staff office. That pretty much confirms CH can stop dual hat and will be head of downstream.

Yet to be seen if Meg has the fortitude to send GB and WL packing. Or at the very least move GB over to some Tech center role where he can’t continue destroying value.

A group of friends having been cut from GBS all self selecting, and one guy told me yesterday he’s been put into a pool for CR in GIS.

Kevin Hart's media company, Hartbeat, faces significant internal challenges. A recent report details layoffs, lawsuits, and executive shakeups. The company, once valued at $650 million, has downsized. Kevin Hart finalized a deal with Authentic Brands Group this January. This agreement reportedly caused employee concerns regarding the company's future.

https://www.tmz.com/2026/05/11/kevin-hart-company-drama-amid-sale/

Lots of shuffling around of teams again and unfortunately losing some good people, then CTO is out on leave? What is going on?

Nothing gets done. Priorities change by the day. Projects launch and die overnight. Key people vanish without warning. Managers are overwhelmed. I've completely checked out. No more goal-oriented work, just treading water. And I'm pretty sure most people are doing the same.

And it'll be a miracle if anything is still functioning in the near future. Some teams have been almost completely destroyed by the recent moves. What's the actual end game here?

u need to pay attention to all of this... things that impact decisions... bookmark this somewhere and REMEMBER: personal disputes, retaliation, preserving dominance and status, rivalries, and internal power struggles, often arising from cycles of poor judgment, limited opportunity, trauma, +loyalty

The Land Of Dots job cartel is for real.

I read about it here and elsewhere and thought, Ha, No.

I've seen multiple promotions and none of them make any sense.

Job Level 7 promotion to Squad Leader. She can't function in Excel, and got promoted from Level 4 to a Level 7 in less than 5 years.

Fidelity has been colonized.

Not like you were not warned.

I hear they let the CIO Kim M go . Had to be over this cluster of a deal with outsourcing IT. Wonder which dope from her staff they will put in place now.Hopefully they go to the outside and get someone to clean up her mess.

I can imagine how everyone feels, especially the veterans. I'm still here, but it doesn't really matter, does it? They can drop more of this on us anytime. We're being betrayed by a company so many of us have given years to. I'm saying this knowing I might get ridiculed. And I know, on an intellectual level, that this is how things work. But as a human being and a professional, I feel we are being betrayed.

I’m stuck in a three-layer sandwich—Sr. Director, Director, and AD. Sr. Director seems calm and confident, but the Director and AD are all over the place. Priorities change almost every hour, so the team is constantly scrambling and redoing work.

We’re getting pulled in 10 different directions at once, including being pushed to work on things that don’t even seem relevant anymore. It’s honestly a pretty chaotic and frustrating environment.

And the worst part—there’s no escape. Hardly any internal roles are opening up within Verizon right now.

Looks like VPs are starting their exits now. We went from a skeleton crew to barely any bones left. Don’t spend that AIP payout because who knows what the next few weeks are going to look like. So long fellow associates who have been here long enough to remember the good old days when we had real leadership and transparency.

I’ve worked at BD across several divisions for many years and have always taken pride in delivering strong results and supporting my customers. Recently, however, the environment has changed significantly. Many team members are new, training has been inconsistent, and processes and expectations are often unclear. As a result, much of my time is spent navigating internal obstacles rather than focusing on serving customers and driving business outcomes.

Despite being able to manage through these challenges, it has become increasingly difficult and frustrating to operate effectively. There is a growing perception among employees that these conditions may be intentional—creating an environment where people become discouraged and choose to leave rather than the company having to manage formal separations.

At the same time, customers are feeling the impact of the internal disorganization, which risks damaging relationships and driving business away. This combination has led to declining morale among employees who are trying to continue performing at a high level.

Having experienced what this company once was, it’s particularly disappointing to see the shift. BD was once the best professional experience of my career, and I remain committed to working hard, supporting my customers, and contributing to success. It’s difficult, however, to watch the organization move in a direction that makes that increasingly challenging.

[The arena is packed, the crowd is roaring, and the spotlight shines on the ring. A muscular wrestler with a flashy outfit grabs the mic, flexing his muscles.]

Wrestler: "Listen up, all you fans out there! This is a shout out from your pals at UHC, the champions on the blue side of the house! And let me tell you, we’re fed up with this Optum quagmire, brother! It’s time to shake things up!"

[He paces the ring, pointing at the audience.]

Wrestler: "That’s right! UHC is bringing back the Super Connectors, and we’re gonna give it all away for FREE! You heard me, folks! FREE! No more waiting around, no more games!"

[He raises an eyebrow, leaning closer to the camera.]

Wrestler: "Now, I don’t know if this big announcement is gonna drop before or after the next earnings, but mark my words—there’s a major cut coming to Optum! They won’t know what hit ‘em!"

[He gestures dramatically, as if flipping a switch.]

Wrestler: "And our inside girl? Oh yeah, she’s in the orange room, ready to turn off the lights on this whole operation! It’s time to shine a spotlight on the real champions, and that’s UHC, baby!"

[He flexes again, the crowd erupts in cheers.]

Wrestler: "So get ready, because we’re coming for you, and we’re bringing the heat! UHC is here to dominate!"

[He drops the mic, striking a pose as the crowd cheers. UHG CFO body slams OI CEO and people rush the ring.]

Heard Desmond thinks the south shouldn't work on ge motors due to getting injured working on them. Sounds like he wants to make the south smaller and road truck sites.

TLDR: Offshoring is tanking the company, layoffs are coming monthly, and the whole thing’s about to implode. Brace yourself.

The tribal knowledge that execs are wiping out with all this offshoring is priceless and irreplaceable. I know a lot of US-based teams that have been hit by the recent layoffs, many of them who worked directly with clients. I feel for them, and I feel for the clients too—they have no idea how quickly this company is falling apart from the inside.

According to a solid resource involved with HR, they’re planning to lay off 200-250 people every month. I’m definitely looking for jobs outside of the company because the writing’s on the wall. Soon, there won’t be anyone left in the US except the execs, a few critical infra folks, and CSMs/SRMs to keep the facade that everything’s fine.

This whole company is running on siloed legacy infrastructure, and once the people who actually know how everything works are gone, it’s just a matter of time before catastrophe strikes—something that’ll make the Capital One incident look like a joke. The world’s largest payment processor is on the edge of imploding, and most people have no idea what’s coming. The crypto bros will be celebrating their "black swan" moment.

While the initial reaction may seem positive, looks like investors are wondering why TD pays so much for marketing execs and brand campaigns that are incongruent with reality. TD is not More Human, in fact, internally it is less human than ever.

Does anybody knows what is going on there? They fired the main guy (which is good :D) he was a je-k and bunch of people. My understanding would be from my friends that company there is in chaos, a lot of people planning to leave. (a lot of people left cuz of the bad local management) Anybody has inside info what is going to happen wh-t the office?

Several Q1 org changes appear to be in progress and are yet to be announced. The announcements are expected tomorrow. It also looks like Marrs is moving back to the U.S. Please share any changes you’ve observed within your org.

That part of the ship seems to be sinking faster than the rest. What’s the scoop?

…stock options are vested and under water.
Expect more.

“Christopher Smith, who has led Ford’s global efforts on legislation, regulation and government policies worldwide since 2022, is expected to depart the automaker, according to people familiar with the plans who asked not to be identified revealing internal matters. The reason for his departure is unclear, though one of the people said it’s expected within weeks.”

I work in a part of FI that is now a part of Fidelity Wealth (yet we’ve been given no direction or concrete info). Anyone heard of upcoming relocation pushes away from Smithfield? The 900 building/traffic/parking garage is a complete disaster and no one cares. Wondering if they’re looking to reduce headcount there.

Anyone mid internal hiring process and notified that the req has been put on hold? I had an interview scheduled for early January but now it is cancelled. Is this just to see if the position will be eliminated?

Silence is all we hear. Org changes all over. What’s happening?

Not a good look to clinicians, clients and internal staff. Paints the company in a negative light.

looks like the house of cards is coming down...

You asked what our obstacles are so here are a few that are slowing us down

1. Jira - we spend more time trying to please the Jira g-ds than we do on development. It doesn’t work. Maybe it was good at JPMC, but not here.

2. Fortify - nothing like remediating a bunch of false positives

3. Language barriers - there are very few Americans on project calls. We can’t understand the Ind*ians and they don’t know our systems or products

These are just a few. Please feel free to chime in with more.

Good luck, Dan, trying to dazzle customers and grow the customer base—you can’t even take care of your internal customers! I still can’t access the severance portal, even after HR intervention. At this point, it’s laughable. Once again, Verizon fails to execute anything correctly.

Any change in prabhat org? Suddenly townhall canceled.