Heard they went up as Cisco stock price drove employees crazy, and they are buying more protection and birth control pills from these stores. It happened to Juniper Networks employees 3 years back.
Posts mentioning hashtag #rumor
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What’s the merger rumor?
Heard it here first. Is a merger really in the works between BNY and _ in 2026?
dbs closing?
anyone know if dbs is closing? been hearing rumors from old coworkers there that its gone massively downhill? doing less than 350 bits a month now. we used to do 1200 on roller cone alone and that entire line is gone now!!
Domesday for Gainwell
Looks like beginning of end for Gainwell. Any predictions on doomsday when Veritas will piecemeal and sell it to two/three other VCs? Mar 1st 2026?
Most likely it will be before FY26 end ~Feb/Mar 2026.
Any updates at all on the fate of the remotes?
I’ve heard timelines all over the place, from now through March. Has anything new or reliable come out?
Reduced severance package for 2026?
There had been rumors that the severance package will be reduced next year, driven by expense and the cash situation. Anyone insights?
Upcoming IT layoffs
I was recently made aware that IT is also having a layoff this quarter at the same time as the fabs. I was wondering if anyone knows how substantial it is?
Did Walgreens Fail On Purpose?
If you are planning on taking Walgreens private, wouldn't you want to pay as little as possible to do so? And, once you own the company, wouldn't you want to "improve" it easily to make as much money as you can when you sell it or have it go public again?
For instance, is it possible that Pessina/Sycamore/etc. intentionally:
Created a bad anti-theft policy so Walgreens would incur losses that could easily be made up after changing this policy later.
Created bad losses like the doctor office scheme, etc.
Paid massive amounts of money out to 'leaders' who were either friends or affiliated with each other.
The reason I thought of this is because of all the new over-stock all the stores are getting. They obviously held back on stocking the stores immediately before the sale and then after the sale, went back to making sure stores are fully stocked. That is at least somewhat of a manipulation. What else did they do.
Xmas layoffs incoming
Managers found out late last week. RIF coming early the week of Xmas. Atlanta HQ and remote/non-compliant RTO employees impacted among others.
RIFs in mke and mqn
Rumours on new layoffs in mke and mqn?
LTIMindtree
Word is LTIMindtree might be on way out finally.
No expected layoffs
It seems there might not be any layoffs from the general pool of people with the exception of those that took the VSP. VH didn’t address it and it seems the company is well position for the future. What’s your take on the townhall? Have you heard any rumors of any upcoming layoffs?
Tampa tech ECDO/CDO layoffs
Rumor is reviews for the data governance tech reviews are being done by HR, not managers, and are going to be used as a framework for RIFS so offshoring can be accelerated.
Inside / Outside Split. Is it all for show?
In FL, (IBEW) VZB techs are being split up between two different management chains. Inside and Outside. Management has spent the last 5 years trying to get us to perform ALL job tasks (without training or tools), and now they've done a complete 180. So far we have been divided up at random, and not given any information except for, "now you are an Inside tech" or "outside tech". In areas where there are only 1 or 2 techs covering a huge geographical area, how would that work? Tech's will have to turn away work because its not a responsibility of his manager? How does that better serve our customers? Who comes up with this cr-p? Who's going to work Fiber cuts if there are no Outside techs in the area? Who's going to work CCR builds if there's no Inside techs in that area? Throw it at the wall and see what sticks.
How does format work in other Union areas?
Rumor is the company will be declaring a surplus to IBEW in Jan. Not surprised.
Rao on his way
Informants have shared that Rao is in the exit lane for H1 2026 as Elliot prep their next divestment.
Closure announcements
Are they going to announce the next round of closures right before inventory like they did last year?
Buyout next year
Hearing rumors of a buyout for craft next yr double plus 50k. Yall heard anything from other areas
ECS
Any riffs or reorgs happening within ECS?
US IDE Townhall
I just watched the recording and something I noticed was a rather despicable technique.
Kate said that the rumor that there will be another reorg in March isn’t true. And they can’t debunk all rumors. But the only rumor that I have ever heard is there will be massive layoffs next year after P&T is integrated into the businesses. This is a very logical thing to guess they will suddenly have extra people and they may or may not wind up needing or wanting them for their services.
She then proceeded to ask if we wanted another reorg due to all of the rumors about it, which was a “joke” in really poor taste.
Keep in mind that the LT all has media training. I believe that they intentionally debunked a rumor that makes no sense and probably doesn’t exist in order to not address the one that does. This is similar to how politicians these days will say crazy things and then walk back all but 20% of it, and then it turns out that all along their goal was to only get that 20% of bold things done.
Do not trust these people. Weasel words and sus physiognomy and body language. Jokes that serve as confessions.
Another example of this technique of answering a fake question to address a real one that can’t be handled - when asked about the future of US employees, Mark remarked that Shell is dedicated to investing in the region. This doesn’t even answer the question. Spending money the US doesn’t mean it was invested in the employees or that they won’t downsize again. Think critically and be very careful with what they say in town halls. It is literally rehearsed with PR.
True or not?
RIFs have been taking place since the first week of Sept. Get with it.
Have there really been constant layoffs for the past few months? I haven't heard of anybody being cut since much earlier in the year. Yes, a lot of people are mentioning layoffs and we all know more is coming, but so far, it's yet to materialize.
December layoffs
Are we safe this month or is that too much to ask for? Does T usually have layoffs in December?
All Employee Call All AI?
Heard a rumour that the whole all employee call this week is going to be created by AI to show everyone what it can do…can’t wait to see if this is true
Bonus Day
Any confirmation if managers got the okay to stell associates?
More stores going away
Heard over 300 more stores will be sold off to agents in the coming year. Polish your resume and get out while you can. They'll either pip you out with these high quotas or you'll be working for an agent.
Is it true that KKR is selling-off Omnissa?
Is it true that KKR is working on a deal to sell Omnissa? If so, who do you think the buyer will be? Does anybody know? Any hints?
Who is Frank Kos*d*
I want to revisit a question someone once posed: Who is/was Frank Kosd??
The rumor is that he was one of Frankservs buddies and got installed as an EVP with next to nothing in experience.
His linkedin confirmed this with really no previous roles listed, which is odd for someone who is an EVP at a major company.
Now I don’t even see him in Workday, and I saw him there as recent as last week…. was he freshly let go as of this week?
I’m surprised he continued for this long after Bisig left… it was always bizzare that he didn’t have any profile pictures anywhere, considering his level with the company.
Can anyone confirm he’s a real person?
Another round starting at Hughes
It looks like another round is starting at Hughes this week.
Any updates on 12/18 layoffs?
Anyone out there know how bad the layoffs will be on 12/18? Which locations?
Dublin Layoffs?
Is it true?
Why there is an Intel rumor every month to bump up stock
There is a rumor every month to bump up stock by 10%, all from an Asia analyst. The latest is rumor with Apple, the previous is rumor with AMD. None is real, all fake news.
Is Intel asking analyst to send out rumors?
Any layoffs in 2026?
Is there any layoffs in Jan 2026? Many rumors going on in my team.
January more store closures and layoffs
WARN notices for January (google it)
They’re getting through the holidays and then tossing the rest of that 29 from the slack channel leaked. 13 gone 16 to go.
What happens to AES in Jan. 1st?
Starting another thread about 2026 and the future of AES. There are so many rumors about what's next: sell company to Blackrock, split renewables and sell off Indiana or Ohio utilities to Duke, new senior leadership & board, etc. Any of these paths will ensure funding is cut and "they" force more work with less resources. Again. Let's hear what other rumors are out there.
Hearing a lot about the 1st week of December. Well that’s next week! So what do we actually know for sure!
It’s here, go time. No guesses or speculation. What’s our organization going to look like at the end of next week and who’s impacted?
Next Layoff Wave: Jan or Feb?
I've heard both rumors and want to know if any of you have heard either month cited directly from a manager
RIO selling Borax Mine
Saw that RIO plans to sell the mine. Any idea who the buyers will be? Any layoffs?