#layoffrumor

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Preparing for Q2 layoffs

It is no secret that Bank will have another round of layoffs in Q2, just by everything I’ve been hearing, end of April seems to be the target date.

Reading previous post on what happened back on Jan 28, don’t be in office that day, as you will be escorted out and laptop confiscated. Start taking certification courses NOW, because you won’t have access to Guild to register for more during the 60 day window. If you register now and do get impacted in a few weeks, USAA still has to cover the course(s). Send all your accomplishments, year end reviews and resume to your personal email, redeem all your recognition points because again you won’t have access to do it once they take your laptop.

More importantly, take your PTO, but use the floating holiday and volunteer hours first, as those are not paid out to you. With phase 2 of the “how we work” bank reorg, look to the person to your left and right, very good chance one of them will be impacted in the next 6-8 weeks.


When are the next layoffs? May 30?

I know some groups weren’t hit in the last round of layoffs and we are still fat with duplicate roles due to Xerox/Lexmark teams being merged. And the company isnt doing well. So I suspect more layoffs are coming. Seen a few people say May 30. How likely is that? Anyone got any insight or a crystal ball?


We need to accept layoffs as the new normal

There's no longer a point in asking questions about whether layoffs are coming. They are. The answer will always be yes. The only question now is when. Is it in a month or two, or maybe three, but never longer than that. It's not how things should be, but it is what it is.


Layoff rumors????

Been seeing a lot of comments on earlier posts about rumors of layoffs. Was wondering if there is a similar pattern between now and the last significant layoff in 2023? Just want to be prepared and not caught off guard. Thanks! (Apparently PNC didn’t file warn notice for that round)


They want us to quit

It has never been this clear. The constant stress, the worrying, the intentional withholding of information, all of it feels designed to push people to the edge until they finally say fu-k it and quit. If they can get enough people to simply walk away, it saves them a lot of money. At this point, it is hard not to think that this is part of the plan.