Company has joined other major corporations in implementing a mandatory 5-day return-to-office (RTO) policy, which some view as a strategy to encourage voluntary attrition essentially a "soft layoff”.
Recent reports suggest that the number of employees choosing to leave following this mandate has been lower than expected, leading the company to evaluate additional measures for workforce reduction. These potential "other options" may include involuntary separations, employee engagement responses, or "hard layoffs." While the company continues to monitor office attendance as part of performance reviews, there are currently no specific details on which business units will be impacted or the exact timing of further restructuring.
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