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While we don't know exact count, rumour and water cooler chats are a buzz about ~1k cuts at each location / BU.
Majority of these are are level 6,7,8, squad leads, scrum masters and few 4,5 to make it seem random "business strategy alignment"
Sick joke, FU Bob 🖕🏻
Severance package was updated effective 11/1, that other poster was right
It's gonna be a fire sale.
Lol now Dave Shull is gone hahaha great job ruining Poly
Talked to two Grade 8’s - both in FI, who are extremely confident that there will be some sort of RIF this month, maybe 11/18. Sounds like a sizable cut.
Another person I used to work with in PI Phones, high up, confirmed. Anyone else hearing anything?
hey if you get riff'd ,theres nothing you can do,pick yourself up and move on crying about it on this site does nothing for you.
Let's crowdsource the next RA list for IBM. I will start:
VZ cannot put you on the list if your out on dissability..lol just some info
Some DPAIO folks are gone as of today. At least one VP and one SVP included. Is this part of a larger RIF this week?
Anyone here anything on Case Management / Customer Champion Team? Will there be any RIFs for them?
I am not saying CH11 is or is not imminent. But more actions are ahead. Some potentials:
I have a very trusted connection to a manager who is connected to a SVP in North TX and there is another RIF coming up mid-late Nov. Each time they have told me it’s been true so I’m guessing this next one is as well. I don’t have specifics but it’s a good number of people. If you have any PTO beyond 40 hours use it up cuz they won’t pay you for it. If you get past this one plan on applying for a new job. I don’t know how they can keep cutting so many and still function. I wonder if the C-suite gets wind of sites like this and reads the impact and disgust people have for them. People just want to work and make a difference and get a paycheck to live. Not get all involved in drama but here we are loving our teams but hating corp. it’s sad.
So Uniti lay off levels reaching a size to push Windstream employees to switch the online community group to a new URL subdomain is happening, time 2 upgrade the crew to a bigger, better telecom layoff group. Why complain to ex-co-workers with Uniti, when there are ample AT&T RIF'd doinks to gripe at. And Verison, and Frunteer, and Tmobile, and
Sincerely,
Another Ex-Circuit Jockey
Has anyone been IRIFed and attempted to get basic questions answered using the only available method (alumni@xerox.com)? It’s insane - a ticket is created, no reference to the original question maintained, non-responsiveness other than auto-replies, more. Or is it just me?
Anyone know how many impacted? Also seems they're getting rid of 9/80 schedule
Lots of buzz on this or they might end up selling one of the two - Merchant vs Financial - lucrative stock price!!! save the ship from sinking while Franky and his gangsters sip some luxurious wine, watching sunset from his beachfront villa , laugh it out on hard working associates who are about to be RIFd big time !!! What a shame s**ky Franky
Anyone received the Business Update meeting invite?
Good luck everyone.
Riffs afoot. Ditch the human element, instead let AI write Nike comms. MG wasted no time.
Does anyone know anything about plans for RIF in HouseCalls department? It’s nerve wracking to see all these layoffs.
We all know the answer, it's the lazy and d-mb people at top with no idea about the work we do.
Funny thing is, they are in control of the list again.
Is it true the that Verizon wants to RIF most employees in non-directional locations in late 2026 and 2027 as part of the broader strategy to go lean?
Now that we have three main directional locations, Dan wants to accelerate the plan to shutdown real estate in non-directional locations (cost reduction), make 5 days in office and then start removing the employees in non directional locations. Of course some key ones would be asked to relocate.
This is probably not the case for the RIF this month but coming in 2026!
Yes, it's true that RIF is due later this month. However, I heard that since Dan wants to make the org extremely lean, they are also planning for a VSP in 2Q'2026. Anyone heard about that?
Wouldn't that be interesting? Trim the fat once and then trim the folks sitting on the edge again?
Let's say you didn't get RIFed, would you take the next VSP?
It is crazy hearing about RIFs when we have so many executives and most people have no idea what they even do. CEO has a meeting, then the SVP has a meeting, then the VP, then the Sr director, etc. All just say the same things and ask what did you think about what the ceo said. If they want to cut costs start with upper and middle management.
I looked on the intranet but can’t find the info. If you get RIF, do you get VZ non-COBRA insurance for the same length as your severance weeks? Or does VZ insurance go away on our last day of work?
Thanks.
I was hit in the last RIF. They used the “position elimination” excuse which is interesting since they did a department reorg a month or so prior. Sent in my release form on Oct 2nd. Did not receive payment until the 22nd.
Why are we not seeing any WARN notifications? Is Verizon working on another VSP?
On Thursday, 10/30 a large number of IT employees have been affected by RIFs effective 12/31. There is no public acknowledgement of these activities. This was somewhat expected due to the ongoing expansion of Amgen India in Hyderabad, a decision made roughly a year ago for obvious financial reasons.
Impacted employees are offered severance packages that should help in the interim.
Are we done with RIFs for 2025? I get that we will always have smaller RIFs but is the major one done with? Do we historically have RIFs during the holidays? Are there going to be changes to organizations because of the massive amount of RIFs in October?
Anybody in Finance worried? They have automated so many reports it feels like they are preparing to RIF us.
I heard people got let go today. At least some.
Anyone care to share their story?
There seems to be a big RIF coming. Not sure exactly who’s impacted but seems like there’s going to be a lot. Today was the last day HR submitted it in their “RIF Tracker”. Goodluck yall.
11/21
Do not expect severance packages to be as generous as before.
It seems that, in the past, either UHC or Optum has a big RIF and then the other company follows 2 weeks later. The Optum RIF yesterday was pretty significant so wondering why I’m not hearing anything about UHC (thankfully). But I’m still thinking that this is the trend and wondering what comes (if anything) in 2 weeks. Seems all is quiet. Too quiet…
Pre holidays RIF is coming fasten your seatbelts
Anyone heard of the next layoff? Confirmed please, don’t want to cause anxiety but worried about RIF before the holidays!
Who creates the list who goes? Lvl 7. So is it my boss, or director, or sr Dr?
Several people were RIF'd in Kinetic 10/30. Uniti mixed it up by switching to 5th Thursday and kept this one really quiet.
Yesterday was the CRG Governance & Supervision town hall. The future of the St louis location was discussed. For once a Sr leader was honest with the submitted questions:
1- Was asked if WFA is going to stay in STL. Leader paused & answered the questions very carefully. "STL is no longer a growth area". Said flat out they expect the firm to reduce to 1 building (and obvious reduce headcount). Said "that's been the plan all along since AG Edwards". He doesn't expect the St louis campus to close any time soon but it will it's pretty clear STL is no longer a core focus for the firm and will be reducing its footprint.
2- 4 day in-office work week across the firm? Answered would not be shocked but was not his announcement to make. Would come from 1 level up. (ie: its happening but not disclosing when). Explained some groups are already 4 & 5 days in the office.
3- AI will not take your jobs but ironically started the town hall acknowledging there were significant layoffs the day (Tueday) before and some people listed on the handout were already terminated.
It was refreshing to hear a leader be honest even though it was not the most positive answers. It is very clear from the responses that St Louis is not a priority for WFA anymore. How long it will last is unknown. Needless to say the auditorium in STL had a lot of shocked faces but not unexpected.
Our dealer liaison informed us he was let go today, effective immediately. Is this round 2?
All the 40+ middle managers survived while most L2s and some L4s in my department got the axe. How did your department fair?