#layoffrumor

Recently, I interviewed with a company and reached the final round. They asked when I could start the job; they seem quite flexible. My strategy is to ideally be laid off in the next round and then join this company to maximize my gains. Does anyone know when the next round of layoffs will be? Thank you very much. TPG, Sr Staff, Sunnyvale, CA

Does anyone have any updates from all CECs? Are we just waiting ducks? Or did we assume to soon about this week’s layoffs??

I am so confused about this week and how it will go. It’s sad that a company has everyone thinking the worse with just small changes. Smh

Understood from my manager nothing coming up, done for now (mostly done for this time)..I know layoff always takes place but what I am referring is that absurd nonsense what we saw on Mar 4

Does anyone have concrete intel on any April layoffs?

I have noticed that my team still has the old titles( i.e. no lead , principal etc. but rather titles like senior). Also seems like we are next in line for RIFs? Has anybody heard anything regarding this?
I am looking for a new job not wanting to stay with this company under this leadership, but still want to know where I al.

Now the count is 30 jobs, 27 of which have openings in the US (also state could be in 10 locations). Jobs in India down to 3. The openings all must have been posted on the Saturday before Easter, and 21 people hired in India on the same day. Yeah, right. I was wondering how these people sleep. Probably soundly. Sociopaths.....

Rumors going around about more layoffs sometime soon, can anybody share more?

Can anybody confirm this? I've heard the rumor enough times to start being worried once again.

I'm hearing all kinds of rumors, most of them sound crazy. Another round is almost certain at this point. Layoffs are just part of life now. Still, it'd be nice to have at least a vague sense of what's coming.

Do we know anything about the next round outside of the usual rumors?

The next wave will start soon.

Is that certain or just a rumor? Because sitting around for weeks not knowing will drive everyone insane.

What's the consensus? I see people here mentioning the next big round in May. It'd be nice to have even a couple of weeks where worrying about being cut isn't piled on top of everything else.

Got to know from multiple sources that a major RIF is going to be announced on April 16.
MI= MN + CNS
New leadership is preparing list.
Please comment if you have more info.
NI no idea

Anything in particular that they do or what we should watch for to let us know they are going to either lay us off or force us to quit?

After May earnings report on 5/7?

I heard from realiable source there will be cuts in GNT in April but not sure how many. Anyone know more?

What’s the scoop on layoffs for Richmond hill and Pendant?

Or is it just speculation?

What departments are having to work from home next week????? Very sus last minute change….. other departments were on the same boat when they were let go.. right????

Another round of layoffs this month......notification day is the 16th, and hearing of another round in June.

Any more layoffs this year?
Which teams will be impacted?

As per a contact in HR, there’s word TB is planning a second round of layoffs in October. They’ll be reviewing all projects over summer. Anything non-core is likely at risk.

As per a contact in HR - this was just the initial wave. They will be making further cuts this summer to reach the 30k goal.

If only 10k done, do we expect another 20k. By when ?

If 30k already done, those left, are the safe ?

Been hearing rumors about 50% reduction

My entire team was added to STEER a couple of months ago, so I assume we're on the chopping block. Several of my team mates have quit (found other roles outside Citi). I haven't had any luck yet, though I'm actively searching. How long after the add to Steer does one have? Also, what does the severance package entail?
Just wondering if there's a method to the madness, so I can brace myself.

Will you be the one clipped?

I heard from management that there are some pieces moving in the background . Has anyone heard!

Anyone know the timeline for Allina layoffs?

People are getting cut this month in a division here, rumor I heard was if 3M keeps it below 50 a month they don't have to announce it publicly or notify the state? I have not heard of anyone in my division getting cut.

rumor is a potential 25% reduction in headcount at legacy BD/ADx. does anyone have any details?

Just wondering if they are finished with the laid offs? I haven’t heard anything in my work area for the last few days. Thanks.