"The layoff continues at least until April 2025 but they do it quietly. I was laid off in January 2025."
Can anybody provide more context to this? What's been hit? How many have been laid off? Anything? I haven't heard about anybody being cut lately, so I'm not sure if this is true or not.
@e83 lol sounds like you were a cr-p employee. The talent is great in Ofallon, St. Louis is a great place to raise a family and afford a great lifestyle. There are thousands of happy employees there that come in and do a great job every day. Sounds like it simply didn’t work for you. Good thing is if you are so talented, finding a great job in NY will be so easy for you.
@hdt yep. They dislike white people.
I was let completely due to a jealous incompetent O'Fallon based EVP. Mastercard has become discriminatory , racist company now.
MasterCard is a great stock to own with an incredibly high profit margin business model that could easily cut 40% of its staff. With IT in O'Fallon MO and cr-p salaries (relative to NY or Chicago) , they cannot recruit the best and brightest and established a mediocre management cabal that was successful despite their innate incompetence. I am upset by my layoff but happy to be gone regardless. My manager exemplified the Peter principle. My hayseed co-workers had no idea their Shangri-La was nothing more than a gussied up cesspool of hubris. Most of you can do better. Buy the stock and move on. Glad I refused to relocate. Missouri might as well be Alabama but the most fatuous think it is going to be great again. If I were on the board, I'd shut down O'Fallon and create offices where the talent exists.
they laid off around 100 plus people and layoffs are being done across the board. they have a lot of fast sitting on the top titled as EVP's who are just paper pushers and contribute only to CO2 emissions.
I was laid off recently. It does seems discriminatory, I was about to submit my paternity leave, moreover work location seniority and age does looks like a factor. My VP offshore was forced to resign citing business shifts. You cannot differ in opinion now at top. EVP leadership has gone toxic, my level 7 leadership all moved quietly. I can’t imagine even with worst annual perf reviews people got promoted. Abrupt and very unprofessional behavior from leadership is very unexpected. Its toxic now and it all leaks down.
They're being very sneaky this time. I'm seeing a lot of pay/tenure/age discrimination too. People being laid off that make zero sense. If they wanted to make a positive difference stop laying off the people that matter and do work and start with the VPs, SVP's, and EVPs... the ones that have no idea what is going on
A senior engineer within my team was suddenly let go today. Was pretty sudden since he was among one of our subject matter expert.
A little over 50 positions let go in O’fallon, MO today. Sprinkled among various career levels 9 through 4. Biggest hits were level 7 (senior) and level 5 (BL/St Consultant) which made up about 30% each of the overall reduction.