So I heard TD Mike and AMEX Sathish are at it again discussing layoffs. Imagine enjoying your holidays with family and then walking into work on January 6th, 2026 and being told "the bank didn't meet our goals so we have to let you go." That's literally what's going to happen to most of you. No notice. No warning. They're going to read right off a script to you with HR present and act like they care. What you need to do (right now) is find another role between now and December, grab a late January / Early February 2026 start date, and have it lined up for when they do these layoffs on Tuesday January 6th, 2026.
They'll say you can't get paid by them and work somewhere else but there's nothing they can do about that when you do. Take their money and make money in your new role. Double dip on this losing bank. Make them lose harder than they did last year when Russ tanked their stock price and made headlines. Make them lose harder than the board running JB off to bring in an absolute failure that didn't make it a year at Discover. Get the cards rolling now - nothing happens during the holidays (hiring wise) - people like Sathish are too busy taking selfies at Southpark Footlocker next to the Size 5 SB Dunks. Use Jobscan to beat the AI screening systems these companies use. Get your resume looked at. Prevail.
15 replies (most recent on top)
Hate to see the negative comments saying I was wrong and I hate to know that I'm now.... right.
@cf I hope you read the news today... yikes...
@gd yikes....
@31v stop bullsh-tting people to scare them.
@by The event has been rescheduled a few times. Consultants came in and the work has been completed. They made the final tweaks to the messaging last week. People are already being "asked" to retire. That was the first wave. No need to worry, they are still spending millions of dollars sponsoring everything from NASCAR to basketball. Millions of dollars that can fund a lot of jobs. If I am still around, I am not taking on additional responsibilities.
@28k Immediate cuts? Or notice of layoffs ahead?
@2ed It's enterprise wide. Everyone will be impacted.
@2ak What LOB? Is it one and done or will there be more in January?
@28k I have also heard this.
November 3 is the date. Laying off exec and senior directors mainly. Maybe more to come in January. But November 3 is the date for sure.
I find it interesting that a jealous ex employee shares his wild imagination with us while at the same time there are several openings at all areas at Ally that are posted.
I get it dude, you got laid off but everybody knows you're making up these from your butt lol
So first there was a post here saying people would be let go in October. Now all of a sudden it’s January. Is there any truth or proof to LITERALLY ANY OF THIS, or is this site just where people post to scare people.
Whelp, to be fair..... the ECONOMY S@cks right now...
so Layoffs shouldn't really be a shocker.
And WHEN is the right time to get Laid off?
Are you saying it's better to get laid off two weeks BEFORE Christmas holiday?
as oppose to 2 weeks AFTER?
I honestly don't know if there is a "right" answer.
As for me,
Ally has been a great experience!
I've been able to Bank a BUNCH of that green Moola!!
But now, our Foreign replacements have been brought in... and we've been asked to "show them what we're working on".
LOL
Ah well.... No Hard feelings...
Nothing Lasts Forever.
Onward & Upward
^_^
@OP Oh neat. Can't wait to be sitting around a nice fire with the family over the holidays, so that I can cry into whatever mug my kids bought for me for Christmas. Love this for us.