Thread regarding TransUnion layoffs

Official announcement likely end of next week

Brace for the impact :(
Big news next week. Chris you are not doing good job. You should leave with Venkat sinking entire company...
1st announcement shocked all employees on Nov-14-2023. Second one on March-2024 , repeating same window. you couldnt recover company even after 10% layoffs in last 2 rounds and silent layoffs from past 2 years. Dump your OneTru OneDev; At the end only you both will remain as ChrisTru and ChrisDev
Now you are ready to dump your stocks with the result of layoffs


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| 4984 views | | 45 replies (last November 13) | Reply
Post ID: @OP+1k9ft3hf4

45 replies (most recent on top)

I can think of a particular GCC Chennai manager that should go. He is incompetent, created an incompetent team, coasts on his job, etc. I have to work daily with him and can't get anything done.

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Post ID: @15q+1k9ft3hf4

@11j Managers and Directors will come back as contractors as part of Quid pro quo later labeled them as full time

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Post ID: @14p+1k9ft3hf4

@10f Managers and Directors are impacted as well!

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Post ID: @11j+1k9ft3hf4

@10f Managers provided the list of their team members. They get kickbacks in doing so in the form of promotions, stocks and bonus.

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Post ID: @10r+1k9ft3hf4

I believe all Managers will surely know who is impacted but as per policy they’re not supposed to reveal the names.

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Post ID: @10f+1k9ft3hf4

@a6 no need to worry until HR email reaches to inbox.

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Post ID: @10e+1k9ft3hf4

They’ll wait until a Thursday or Friday to have the meetings with those being laid off. Not all managers know who on their teams are getting the Venkat Chris treatment.

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Post ID: @yh+1k9ft3hf4

@va Could be by end of week?

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Post ID: @vj+1k9ft3hf4

Looks like a hoax. No news so far.

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Post ID: @va+1k9ft3hf4

@r4 It won't touch 100$ again until you eliminate Chris and his sidekicks. You need new leadership and focus. Not one who this year went to NYC to ring the bell and failed.

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Post ID: @v6+1k9ft3hf4

Any news from anywhere yet?

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Post ID: @v1+1k9ft3hf4

@q6 It touched $100 on Feb-2020. Do you know one successful product launched by TU under the leadership of Chris other than recent NY stock exchange opening bell 🔔
Board should take decision before he sinks the ship

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Post ID: @r4+1k9ft3hf4

@je That stock was over 100$ back in 2022. Cartwright should of been fired in 2023 not those IT folks who actually cared about the job and its customers, clients and people. Cartwright turned that company into trash you will never trade over 100$ again and if it does sell. Look at the trend since 2022.

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Post ID: @q6+1k9ft3hf4

Is Canada impacted?

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Post ID: @kw+1k9ft3hf4

@k4 Do we something similar like WARN in India?

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Post ID: @kj+1k9ft3hf4

@k4 it’s likely split enough over all the states with so many people remote that they don’t have to report to Illinois

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Post ID: @kd+1k9ft3hf4

@je I don’t see anything on the WARN notice Illinois.

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Post ID: @k4+1k9ft3hf4

@j9 Venkat will take bonus stocks for rolling out such app for hire and fire cost cutting. Mohit and Pe-k should come back to save this company

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Post ID: @je+1k9ft3hf4

Venkat to introduce onetrulayoff app. Customer zero approach

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Post ID: @j9+1k9ft3hf4

My manager wanted to sc--w me up badly for a long time. This is the opportunity i guess.

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Post ID: @j0+1k9ft3hf4

@g6 will our Managers already know by now? My Manager had been saying since 2 months that list is already out and it might be 1 or 2 or even the entire team might be laid off, so be prepared. Does that mean Manager already knew?

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Post ID: @h0+1k9ft3hf4

@g9 Whatever happens no layoffs in Bengalure and Hydrabad

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Post ID: @gh+1k9ft3hf4

Which country

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Post ID: @g9+1k9ft3hf4

Its going to be on the 11th of November. Your manager or manager's manager had a huge say on who gets laid off. So, when they come to talk to you or console you, give them a big finger and go your merry way.

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Post ID: @g6+1k9ft3hf4

@ey my manager does not have spine.

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Post ID: @fh+1k9ft3hf4

@a2 may be across US and GCC. This time may be more impact on GCC. Managers should be lobbying heavily to retain their favored ones

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Post ID: @ey+1k9ft3hf4

@c0 I heard manager knows the list but they are waiting for freeze. Few folks are getting HR calls about role termination

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Post ID: @ex+1k9ft3hf4

Is this related to mid year performance ratings?

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Post ID: @dg+1k9ft3hf4

@ca so what about US? Which teams will be affected?

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Post ID: @cd+1k9ft3hf4

@c0 It is only Chennai and Pune in GCC locations - confirmed.
Bangalure and Hydrebad are spared because they are neustar.

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Post ID: @ca+1k9ft3hf4

@bx I believe yes. My lead has been hinting about layoffs since June saying the list was already out.

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Post ID: @c0+1k9ft3hf4

so managers already know?

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Post ID: @bx+1k9ft3hf4

Why is it not on the WARN yet?

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Post ID: @bt+1k9ft3hf4

TRansUnion should change its name to NeuStar .

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Post ID: @bs+1k9ft3hf4

Will it be performance based or it’s totally random?

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Post ID: @br+1k9ft3hf4

Middle of next week is what I heard, most likely on 11th.

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Post ID: @bq+1k9ft3hf4

@a5 Some of the managers already got the list.

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Post ID: @bp+1k9ft3hf4

@bj Its in both as far as I know

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Post ID: @bn+1k9ft3hf4

Any idea which teams will be impacted?

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Post ID: @bm+1k9ft3hf4

@bj both …

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Post ID: @bk+1k9ft3hf4

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