#rumor

Does anyone have info on that? Heard through the vine that it was happening.....

Looking into 2026, there is alot of chatter around yet another sales reorganization, one that is more aggressive and drastic than any we have seen in prior years. Look back at the investments that have been made in both New Brunswick inside sales in addition to the Texas based inside sales offices - neither are by accident.
I've heard a few different "values", but what's consistent is the message that more customer relationships will be moving to both the Canada and Texas inside teams, with only customers billing in excess of $75,000 annually ($6,000 monthly) staying in the field.
I don't have specific insight into what this means regarding manpower , but common sense would quickly say that there is a large reduction coming into the sales organization - reps, managers, and specialists.

Is anyone else hearing anything more on this topic?

Will they shut both the fuel pad and locomotive shop or just the shop?

Spread it. Ahole toxic bully is looking to come back here.
My husband's friend works at Korn Ferry. Apparently Seth met with them. He seemed desperate to find his way back into PepsiCo.

Holy he-l. Just when you thought it can't get worse, we hear this awful rumor.

Can this be true or is this a worrisome rumor?

Some rumors say there won’t be any at all, others say it’ll be offered across multiple orgs before layoffs hit. Can anyone actually confirm which is true?

If the rumors are true, not only will there be a major reorg with entire teams vanishing, but massive layoffs across the board too. Oh well, it’s not like I ever thought my job here was secure, and I don’t like it enough to be upset about losing it anyway.

Can anyone confirm the 2Q VSP rumor?

restructuring is already happening -i was told those who collect commissions but do little are going to be shown the door-what do you know

Today I heard from a source that's been pretty accurate so far that another 8,000 might be shown the door in February. Can it be?

Any rumors?

Go ahead & tell me you feel so super confident in how things are going with Cisco, ELT, Splunk, etc. that there won’t be a LR announcement at Feb 2026 earnings call. And you know who gets caught up in these LRs, right? Those who save the company the most in LRs… new directors, senior managers, etc… But, go ahead & pretend nothing will happen & no LRs in 2026… Good luck with that… I’m looking specifically at you SBG group…

Soon

It seems that SBD expanded too fast and sales do not match. Significant strategic mistake made by our high-paid c-suite.

As a result, they are looking at 10%-15% reduction in Q1 2026. Mostly in overhead positions like engineering and management. Operations (hourly) will also be impacted.

Happy holidays and happy new year. There is nothing you can do right now (other than work on resume) so enjoy the holidays and your family/friends

Rumors saying (take what it's worth), RIF lists are due today:
1) Departments told up to 25% cut (my guess is they will just cut 1-3 ratings until they meet their number, don't know if it all be in one chop or if they will do it in phases)
2) Some VPs made list without input from their direct reports (who would be managing the impacted person), which is really bad but par for the course here
3) Company is too top heavy so expect VPs/Sr directors to be cut

on a related note:
1) Lots of leaders have NOT been told yet to calibrate ratings down. Which could mean A) it doesnt matter since RRP/raise will be little to nothing, or B) they will do it last minute in January

Has anyone heard anything about Q1 layoffs?

Will they really let people go 2 days before Christmas?

I’m hearing rumors about another re-org coming in February or Q1. Anyone else hear the same?

Another Frankie c-suiter is leaving. Chris Augustine is retiring. I wonder if it was by choice? Word is another Indian from FIG is taking his place.

What are people hearing?

Which one will be shut down? District 19 IAM is passing out New York Dock agreements to members.

i actually heard this rumor! GRINCH!

These mo--ns are working among us. Let that sink in.

A round focused on middle management and across the organization.

Srini/CEO did imply things would settle down by March, 2026.

smaller layoffs no packages this time in jan apparently

Just stumbled across this really; cross-checking rumors and such.. I was uploaded 3 months ago.

Anybody else seen local CFA's pre-positioning? Wall hangings, emails?

https://youtu.be/UD5sadFMbUM?si=xDF0IIFgxyEW8AZT

Heard a rumor this week. Curious if anyone has heard anything about Humana being sold?

Who is naughty or nice? The layoff list is being checked twice. Hope you’re not on it and stuff!!! Layoffs coming in January!!! Say it ain’t so! And stuff.

Heard a rumor that more big org changes are coming. Any details? My money is on BH as next COO.

Has anyone heard of any layoffs going to be happening in Burlington to get us to all fit? I don't know how there going to fit us all in. What's the word someone had to know something.

Are there any CHC employees left or have they all been laid off?

What positions wil be the first to be cut in stores early next year ?

I’m hearing H.R. and asset protection? Is this true?

Hearing there are tech layoffs coming in January…

Is anyone else hearing chatter about a potential massive walkout of PNC employees being organized at some point after there is an announcement about the 5 day return to work requirement?

Anyone impact so far this week? Were any teams told to stay home?

Heard there is a major cut to the PMIC in SD. Is that true? Which teams?

This is what I've heard

The question on everyones lips, might this really happen.Stock up 15pc since rumour was leaked.Is there something in the speculation??? Does Peter want out???

Interesting article explaining that Greg Gut, our former M&A chief pitched the idea of acquiring BP to Wael and Sinead. Wael shot it down of course but Andrew McKenzie was interested. Greg left after being shot down. Article makes some interesting points about where we’re lacking. I’m not in the upstream side so happy to yield to anyone with real insight about our reserves. Sharing because I thought the BP rumors were simply that. Turns out was a real possibility.

https://giftarticle.ft.com/giftarticle/actions/redeem/edbd2278-e222-4570-85bd-da8de3548a1a