#rumor

Fossil Europe bankruptcy

There's a buzz new round of changes are coming ONCE AGAIN to people's manager.

Chapter leads, group chapter leads, delivery team leads are going to have new fancy titles.

Not sure what's the future for associates level 5-7.

Anyone knows what's the new team structure?

I've been monitoring this site for the last month or so. I'd like to ask whomever knew the actual details (dates, we'll get email to WFH next week, etc) to come back & post what we can expect on Tuesday. Will everyone getting a meeting invite - one group who are laid off & other who are not (at least not this round)? Will it be by pyramid? And why Tuesday? Why not just do it yesterday? Did MF send the email on Thursday because the rumor was growing or was that the plan all along? We didn't get a heads up in 2015, so while I guess it's nice to know it's coming, 5 days notice is just too long.

Word on the digital street: AI results are flagging Rick Gomez and Jill Sando as “OUT.”

NO official word yet since Fiddelke’s email, but AI whispers are blowing up across threads. If REAL, this could SHAKE Owned Brands, leadership, and strategy to the core.

Some say RUMOR, some say LEAK, some say REALITY. Either way, the chatter won’t die.

Who’s got insider intel, hints, or even half-confirmed whispers? SPILL IT ALREADY — we’re all ears ☕️

Nov 21st - Has anyone heard about some leaders told to keep Nov 21 open for something. I am not sure what...nothing good or just a management meeting? I saw a post here a while back that mentioned it but wondering if there is an update with more information.

General update: US Silica was purchased by the Apollo Group ("wealth management firm") in August 2024.
Almost immediately layoffs in the corporate structure (not surpising, given a buyout)
Company is now ULTRA focused on cash - so very little capital spending, really digging into every bit of money spent.
Rumor is that they're trying to sell the Oil & Gas plants.
ISP - They laid off all of the mining employees at the Lovelock, NV plant. (Most of them got rehired by the contractor that they hired to run the mine now.) Several plant employees also laid off, not sure how many.
Decisions being made at the corporate level without regard/knowledge of how the DE plants run are going to make it impossible to keep the plants open. Orders in general on the DE side have been low since Nov 2024.
I'd stay away from US Silica. They also have a history of laying people off right after performance reviews (in November) . That way they don't have to pay any bonuses, since you have to be employed in March of the next year to collect the bonus from the year before.

Where is everyone getting their info about execs let go? I would like to see a whole list as it might give us some idea about where the layoffs are going to be.

Sounds like many VPs and above have been let go today. Anyone know who that was?

The absurd gifts and celebrities for the holiday gala can't overtake the news...we still aren't paying vendors even after a 600 million bucks cash infusion..With sales down so drastic it may be time to throw in the towel..

You can thank Trump for this one - more jobs are moving back to the US. Expect big changes in 2026

Coming soon folks…

Merry Thanksgiving and happy f*** you to all the aero employees about to get laid off.
Its going to be a sad holiday season for 20% of aero this year

I heard there was more layoffs this week? Who was affected?

what is going on? is there a big layoff coming?

According to HR sources, we expect another wave coming week in Europe. I don't have details on countries.

Heard some concerns in a short meeting today. I’ll just say EVERYONE 🔝⬆️ was caught off guard smh

Overheard two managers talking about upcoming layoffs the first Monday of November. Didn’t hear the whole conversation but heard WFH staff in Oriskany and Dallas. The list has been finalized and positions are being filled in Pittsburgh and Houston. Good luck everyone.

Title is the question

Rumors flying around that Chevron’s North Dakota assets are seeking a suitable purchaser. Folks on the ground what’s your perspective? Possible or Impossible…love it when they say impossible

Or are we still in rumorland? I’ve been hearing similar things, but nothing certain.

15% RIF across the board, notice on Nov 20, off payroll Dec 19 is what we were told.
OP: @d5+1k89bz5ta

Now that would be very spooky!

Will cat & Jack be heavily impacted by layoffs?

Well well well. Thankfully everyone is ok but unfortunately no one will blink an eye over this. All this talk about the design teams being next on the chopping block might have some merit.

GM's Design Studio in California Is Site of a Massive Fire https://www.caranddriver.com/news/a69137455/general-motors-design-studio-pasadena-fire/

These studios are not setup to safety handle pre production or prototype batteries. They will forgo safety equipment in the areas due to visual esthetics. They will actively resist skilled handlers because they are usually hourly workers. One poster said it the other day that people in the design studios are arrogant entitled people. In this instance no one got seriously hurt but next time they might not be so lucky.

oh no

Are there more Acqueon layoffs coming?

Heard a rumor they are moving where toner will be manufactured, like offshore.
Would that make any sense with tariffs?
Doesn't the union have an agreement?
Or is this just to close all of webster facility?

Heard that they are touching the operation now

We have already been through 3 rounds this year, how many more this year ?

Any news on what’s coming up on layoffs or company split? Not sure why they always have to announce during holidays.

30 Oct , mark your calendar.

Heard the cuts come on 27th. Decisions about names already made.

There has been some rumors going around about a new corporate office location opening in queen creek. Has anyone else heard this?

Has anybody heard anything? My manager played d-mb when I asked him (which makes sense) but wondering if anyone else received more transparency about what will happen here.

So, it's a bigger impact than I thought as I thought it was a global number. Oh, well

Let's use this thread?

Does anyone know?

Or are there more layoffs coming?