#rumor

Rumors today that Sycamore will be shuttering Essendant's Office Products business? Any truth to the story? Announcement was supposed to be today but it was delayed per the report.

Hello, has anyone in OCI been impacted by the most recent layoffs (09/02) ? Is today the last round for all of Oracle?

I'm hearing some people are working through the end of September.

I just got mine. Good luck, everyone!

big news coming out on 10/31/25 for anyone associated w Dell Technologies

Starting January 2026. Is it across the board? Is it per Derek’s directs? Anyone know?

I have heard a rumor that the Research/Engineering EMTECH Organization Charges $400+ USD per hour to an Affiliate for EMTECH Services in 2025. Is this True?

Pre-2020, the cost of an SME in EMRE (now EMTECH) was only $230 per hour and the cost of a Junior Engineer was $180 per hour.

Why is EMTECH so expensive in 2025?

Diversity consultant/trainer caught in profane tirade at McDonald’s. This happened in Ypsilanti. She’d just attended a conference in Detroit.

https://www.youtube.com/watch?v=QR5GAeOeOs0

She’s still employed but her coworkers (who could be compared to nervous Polynesian villagers living on the slopes of a volcano) keep an offering of Snickers bars handy in case they see storm clouds gathering on her face.

Saw in #watercooler the goodbye messages starting to flow

Not that it really matters anymore. I feel like I’m stuck in a constant state of emergency.

It’s hard not to worry. Every time there’s a reorg, it feels like employees are the ones who pay the price. I really hope this doesn’t go further, but honestly, I’m not sure what to expect anymore.

Can anyone confirm who it might be?

The VRP rumors continue to fly. August has come and went with no news. If it is going to be offered the timing will be different, probably offer on Christmas Day or the day before as a early Christmas present

I've heard a few whispers referring to an Oct event Anyone else picking up on anything?

See title

Probability? Thoughts?

Prices will drive operational behavior including headcout. If it gets worse, plans will be executied on. Just be ready.

As many of you know, Walmart announced a restructuring in May that resulted in approximately 1,500 corporate positions being eliminated. Just months later, reports surfaced that the company abruptly ended contracts for about 1,200 Global Tech contractors following an internal investigation into possible vendor misconduct.
While Walmart’s official statement clarified that only one vendor and a small number of U.S.-based associates were terminated for failing to uphold the company’s integrity standards, the volume of layoffs and contract cuts has left many of us with unanswered questions.
One immediate concern: former associates who were laid off earlier this year are now being rehired at rates between $60 and $65 per hour. Yet similar roles in the market are commanding $75 to $86 per hour. This discrepancy raises several issues:
• How are these rehiring decisions being made, and who is overseeing the process?
• Are we jeopardizing experienced talent for short-term cost savings?
• What checks are in place to ensure that rehires receive equitable pay and benefits?
To everyone navigating the rehiring process at Walmart:

1. Ask who will submit your resume and negotiate your rate. Demand transparency about who controls your application and compensation.
2. Compare external market rates. Bring data from industry job postings to your discussions—and insist on alignment with the prevailing $75–$86 range.
3. Clarify your role’s scope, reporting structure, and any probationary terms before accepting an offer.
4. Leverage your tenure and institutional knowledge. You know Walmart’s systems, culture, and customers; make that expertise part of your value proposition.
   Walmart’s leadership—across global technology, supply chain, and retail operations—must remember that our associates are more than line items on a P&L. You deserve respect, fair pay, and a seat at the table when policies affecting your livelihood are decided.
   Stay informed, ask tough questions, and stand firm on the value you bring.

It's about to get nasty. Big wave coming.

Any guesses/rumors/gossips?

Are you hearing anything about a merger or acquisition of FirstEnergy?

virtual pop scheduled? what is this about?

Next round: April 2026

Hearing in early September some drastic benefits changes will be announced. Including reduced 401K match & changes in PTO allowances. Big bummer as the 401K match is truly the only executional benefit we receive.

But nothing officially announced. No one knows except those impacted. Others have to figure out what really happened. Many don’t even know Cisco had a layoff. Such is the game, play wisely. Don’t wait and think you’ll outsmart others to survive. Calm before the storm.

Layoffs across multiple finance disciplines w notification date 9/25. They are waiting until VOE closes on 9/18 to inform the impacted employees.

Are layoffs over or will there be more today?

When will layoffs start for NetSuite in Europe?

So much convo from numerous topics. From reading sounds like pk is safe and reporting into Rebecca mall? What has everyone else heard?

Tomorrow or next week?

From an article in Medium:
“ Changing Severance Packages

Employee forums have been buzzing about AT&T’s plans to revamp severance packages for management employees in Q1 2025. The proposed shift from a standard six-month severance to a role-based tiered system could significantly impact lower-level managers’ benefits.
New tiered system:
Level 1 managers: One month salary
Additional month per management level
Standard benefits include PTO payout and career transition support”

We are well beyond 1q 2025. Maybe he is thinking 1Q 2026?

Lots of folks have heard rumors that the folks in the Wooten bldg are moving to the Forest Hills bldg. They have even gotten rid of their daytime cleaning crew. I thought they were revamping that bldg. what happened? They certainly haven’t done anything to the Forest Hills one. Slap some purple paint on a wall and call it a day. Will they revamp the Forest Hills bldg if we are all under one roof?

January 01, 2026 the pension plan will be frozen and all employees will be converted over to the current 401k match plan.
Here is the plan:
RTW-will shed hundreds
Reduction in pay and benefits will shed hundreds
Reassignments to claims will shed hundreds
Outsourcing and AI will shed hundreds
Pension going away will shed hundreds
What's left may get some kind of the new severance plan but that will be the last resort as SF will do everything it can to force you out and make no mistake about it. These people are pure evil!

It will be a cold November 2025.

I know this may be a bit of paranoia and this could genuinely be Mike reshuffling leadership, but with the stock not doing well and rumors of company cutting costs I think it's a bit of a hint that there may be lay offs soon.

Article says company is moving their HQ from downtown to Plano Tx .