I've heard 5-6% of the workforce. Many Mgrs caught by surprise with layoffs of group heads SBL's on down. Packages they get are generous from what I am hearing. Many of the IT jobs going or already to Pune, India.

I am not sure why we have no posts here but we are laying off people this week. This may continue next week too. Many departments are being affected and I think we’ll have hundreds of people laid off. Both St. Louis Operations Center (O'Fallon) and... — read more 

2014 will be bad for MC, a number of restructuring plans are being developed

Even more IT jobs are being sent to India - MasterCard will lose ~12 folks in IT department by mid year