#rumor

Are they going to layoff first then re-org at a later time? Or is everything happening simultaneously?

T-Mo planning a 10%+ cut in force and is gunna use the VZ announcement as cover. We’ve being used!

Has anyone heard anything going with T?

Has anyone else heard this rumor?

No trolls please. Only want to hear from folks who actually have credible information.

I've been seeing more people who leave the team chats recently. When I click their profile to see their orgs, I don't see any report chain, not even their manager. When I go see their LinkedIn profiles, their profiles state that they are still working at BP, and many are early-career professionals. Is this common recently?

With stores closing it doesn’t look good for r2b. Will they move them out of stores or RIFd entirely?

I heard a rumor the layoffs have begun.
I hope it's not true. If it is true, I'm very sorry to those affected.
It's astounding they (Cenovus/Meg) were planning this in advanced, and couldn't at least have the decency to wait until after Christmas but I guess the C Suite want their bonuses.

For the curious former employees, what happened? Who got laid off?

And then days later leak the news and every source reports 15k job cuts?! Was this Franz's first task in office?

What is Xerox even doing with CareAR at this point? I thought I heard rumor of an acquisition that never happened?

Or staying?

So kudos to people keeping slacks open to the public, most people probably saw the 29k reference. However I found a new one showing 200 people under Kevin Z... also OWBPA report was referenced. So it looks like the retail rumors are definitely true. One more week till we all know if we have a job or no job going into 2026. Really su-ks that this is our reality, hoping for the best.

Does anyone have real information on next RIFs by area? This site is becoming more useless with no real info while before it had good insight. Now it’s just a site for people to complain about their boss or job or past associates to come troll. Real info, please!

There’s a rumour that Atleos will leave the new office building in New Belgrade and move to a village called Šimanovci. I hope this isn’t true, but still…

Nobody knows anything. I'm not saying layoffs aren't happening but seems to me nobody has solid proof of what's actually happening on the 20th, if anything at all.

All these news articles are saying same thing word for word and it's all taken straight from this website. They have no reliable source.

So many new unnecessary threads. Impossible to read them all. We went from 1 or 2 a day to 10 an hour. This is ridiculous!!!!!

I know there are plenty of trolls, but please, for the sake of the rest of the thread. Just leave the trolling for somewhere else. Have any band fives been asked to give a list or have been given a list?

Wasn't able to join, but saw the slack thread and didn't see much on there about what actually happened

Word around town, next week is round 2.

Rumored 750 cuts.

Anyone heard anything with R2B or mid-markets? Clearly if retail locations close it will impact R2B so mid-markets seems to be the safest place. Thoughts?

SBG and Collab will be hit a bit based on rumours

I heard from my colleagues that there was another round this morning. Anybody else heard about this?

All of the anxious people posting lies here need to STOP

Spoke with a supervisor who confirmed today that layoffs are coming and also added that layoffs will be for managers and stores. Also layoffs will will happen before Nov 20. It was indicated some managers will be gone before then. They had meetings today and word is they will know on Friday.

Last day 12/31… anyone feel like this is pointing to something larger?

Does anyone know what’s going on? I have a feeling there’ll be even more layoffs at the end of 2025 or early 2026. Also, what do you think of the new CEO?

Ugh today at DHK the rumors of layoffs are spreading again - that it’s going to be after the holidays in January. I don’t know if it’s true because people always talk a lot but last time the rumors were right.

If NYP did their job right and protected children and women from being as--ulted. I’m sure there would be no to fewer layoffs. God bless everyone in this time. We’re not just numbers we are people with real lives. Take care of each other and if anyone has more info keep us posted !

There’s been a huge uptick in troll posts the past 48 hours.

One poster uses the word “value” a whole bunch to oddly describe an unknown Verizon business segment.

Another keeps claiming huge moves, like Sampath being let go - which hasn’t been reported in any capacity.

Just remember, at this point the only thing we really know is that layoffs are coming and our new CEO seemingly pointed to the end of November (~Nov. 20th) as to when his new plan will be placed into motion. Everything else (% riffed, impacted workgroups, potential for VSP, etc.) is all hearsay.

Tread carefully, and know there are a large number of trolls running around getting a rise out of posting intentional misinformation…some of whom likely don’t even work for Verizon.

Hearing lots of rumors… anyone have any info?

Someone said Joe is gone? Is this true? Seems highly unlikely to me, he seems like one of the only good ones at that level.

Rumor on campus in Redondo on Monday- another must win, with a high PTW; was a no win for Space Park. Hoping no more layoffs , although unavoidable

The mystery meeting is happening this Thursday! Nobody knows what it’s about, but the calendar invite came with no agenda and an unusually cheerful emoji from HR, never a good omen. Rumor has it the CEO will kick things off with some lighthearted jokes about the recent security breaches (classic comedy material!) and that tiny 30% drop in share prices last week. Just a “market correction,” right? Could be layoffs, could be free snacks, maybe both! It’s the corporate Hunger Games, but with spreadsheets. Bring your best smile. It might be your last official company photo.

Please update here if someone get any information from the management. Bit difficult to stay focus with rumors.

Be excellent to each other

Verizon to focus on Verizon brands