Any truth on more cuts?
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@14e AI su-ks. Ai is not the savior everyone thinks it is and can't go in the field and fix things. This situation just su-ks.
@OP yes 10%
Yep it’s coming!
I’ve heard 10% from a source in HR. It makes perfect sense with AI and underperformance of our exec leaders
Heard August 10% across the board!
Using AI as the reason.
God Bless, and wish my coworkers the best.
We can cut half the ELT and get there quicker.
There's definitely a fresh round of budget squeezing. Whether that shakes out to layoffs is anyone's guess
Preps another global mass emailer
People in here making things up. No mandate for 10% cut.
As for cut backs or layoffs, it has been said “send some one to the beauty salon to find out what’s going on.
It won’t be limited to IT. ELT is asking for at least 10% reduction in costs across all groups.
Management are reeling from the loss of board seats and have run out of ideas. This ELT has to go for this company to survive the next decade.
True, but not limited to IT. ELT planning another layoff ahead of the next round with Elliott.
I think more cuts are coming in every group next month.
Accenture thanks you for your service.
Yeah heard managers talking about global contracts for support areas . As well as remote sites. Sadly lower wages and less benefits
I here that Microsoft is a big headache could there be a Microsoft change out
With AI coming there is no telling.