What are your thoughts about potential MasterCard layoffs? Any chatter, news or rumors?
16 replies (most recent on top)
A see an uptick in roles at mastercard, seems like a hire to fire
Can't be bothered to do US on soil, but they'll happily do India on Soil, and China on Soil and other countries know how to keep their data where it belongs with hands on it that need to be on it. That's what happens when an America company wants to be global and the personnel are cheaper elsewhere.
So they had the best profit earning year but their work around for the layoffs are:
1)Eliminating positions - specifically those with a significant amount of time with the company or close to retirement (although we all know in this current economy means nothing.
2) Employees that were on a plan
But not only promoting other employees and ridiculous influx of H-1B visa postings
This has be a lawsuit. Ppl are furious!!
What a sh---y day. Su-ks to lose valuable teammates.
Acceptance team in USA is going to be hit. Not sure how many or what roles. My leader doesn’t know if they/we are safe yet.
Next week is the week for most. Good luck everyone. 4%
Most staff haven’t fully read that email let’s be honest. Why not be honest and send an email regarding laying off staff
@5q6 i think will be globally and will be affecting primary US since they keep opening offices in India
Just saw the email, very sneaky. It doesn't say exactly which office or area, I would think it's across all the enterprise
Mastercard CEO announced layoffs of about 1600 employees on 29/01/2026. Here comes the 4th layoffs since 2024.
@5pg buried in the bottom of an email talking about how great we’re doing like a little bi--h
@51x And there it is.
Next week allegedly
@OP they are happening again.
Yea outlook not great theyre doing a lot of educational talks and prepping us for restructuring conversations. All theyre doing it trying to eliminate US based ppl for massive support teams in india. Then when they realize theyre worthless they'll retire new ppl at lower wages. Youre just a number at mastercard. Its never been as volatile in my 15 years here as it has been under the current ceo. He has ki-led the culture and put everyone on edge.
@OP I’m going through constructive dismissal right now with Mastercard. I know others were pushed out quietly I’m fighting like he-l. 30 day notice.