#rumor

I know who is impacted by ISP is supposed to be a top secret. But I wonder if some leaders and associates have already received a hint or heads up that they are safe.
The reason I say that is some folks seem so calm and upbeat, while the rest of us are freaking out.

Is this confirmed?

the next RIF announcements are 9/3 this is the company wide big one at mid and upper management levels
OP: @a5+1k36et84k

The vehicle manufacturing sector is under a lot of pressure. I’m afraid there will be more cuts.

How do people not realize this?

There’s a town hall scheduled in less than two weeks. Is it related to any news about potential layoffs?

That’s just how it is - layoffs, all the time. We probably won’t even have to wait until next Friday, or Sept 2, or whatever date is floating around, to find out.

And what’s with all the rumors about 30k being the overall target?

Any rumors at all? I seriously doubt they’ll limit it to just redundancies. I expect they’ll go after experienced, skilled veterans too, because that’s what everyone does. Knowing your job often comes at a cost. I’ve yet to see layoffs, here or anywhere else, done strategically. It’s always crude, led by numbers, never real planning.

If you are store level asset protection or Human Resources expect cuts early 2026. Rumors circulating that both those positions will be eliminated from bronze doors and under. Golden doors will more than likely still have those positions. More than likely asset protection will be the first to go, followed by H.R. leads.

Any truth in this Rumour?

Does anyone know if there will be more TAM Layoffs coming now that everyone's been given a new title?

He is going to go on another firing rampage.

I’m hearing rumors that business lines/functions will have 20% targets for an October RIF. Is anyone else hearing the same? Does anyone know of any specifics?

This sounds a bit too much, but then again…

6k is 1/3. That’s the number. That gets the staffing to about 12k which is roughly half of what it was pre covid. That’s a huge reduction. With increasing output and content the goal is double the revenue of pre covid with half the staff. That’s how you turn a profit.
OP: @fh+1k2wpserx

INDIA - DONE
US - DONE
MEXICO - DONE
EMEA - ???

A SI and Ops Spec. roles had a last-minute meeting this week stating that we're looking at reduction of roles due to NK's lifecycle.

Anyone else catch any more details on this?

Is Oracle HW getting whacked?

Hi everyone, has anyone heard any credible updates or timelines regarding potential future layoffs? Just trying to stay informed and plan accordingly. Thanks in advance.

The town hall was weirdly optimistic and seems like the ELT is not scared. I think it's because of acquisition so they stopped giving AF. What was the vibe you got?

Was informed there would be another huge round of layoffs in mid Sept. Is this in Tech?

Had anybody heard anything about techs going to a core week schedule. Rumors kicking around that all techs are going to 5 8 hour days so that Intel doesn’t have to pay out overtime.

How is MW's relationship with sweet Daddy T? Is it good, and is it as good as his relationship with Jim Cramer?

Not sure how deep these are, but just heard a Mgr & couple of regional guys got axed yesterday & today. Yet again slt saying "not for the foreseeable future" is more bs.

Any whisperings about RIFs in Specialty?

Could anyone share what is happening around layoffs?

Heard rumors of a big RIF coming soon. Any confirmations on which locations? Which division?

Last August Ruelas and Shanks said there would be a SKO 2025 in Feb, that never happened, yeah they were drunk and acting as clowns. Any ideas when it might happen ;-) …

There was a layoff in the Dallas office today. Not sure how many were affected or if more offices outside of Dallas were affected. Anyone hear anything else on this?

Tomorrow is Termination Tuesday! Anyone have any deets on the targeted areas ?

Is it true due budget cutting?

Anyone aware of layoffs in Operations Risk? I heard of some today but no real details.

So I seem to remember during the Facebook and Google massacres, there were reports that people were just getting asked to come back, not even interview.

https://www.hcamag.com/us/specialization/benefits/meta-rehiring-staff-after-massive-job-cuts-reports/460837

I wonder if the same thing will happen here.

If you were laid off, would you come back of asked?

Why are people referencing this date?

KODAK: Calm Down, We’re NOT Going Out of Business!
https://tonernews.com/forums/topic/kodak-calm-down-were-not-going-out-of-business/

I hate this period of not knowing so I am trying to get a sense of when these would happen. I know no one knows yet, but does anyone have any guesses or inside information?