Heard about FTE layoffs in STS around March / April. Is it true?
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I will take it.
@q6 There are small layoffs every quarter. Last quarter a rightsizing exercise identified departments and staff for cuts and reorganization. If a large layoff is coming, it’s being kept secret better than before, but everyone should expect it.
Yes, quit now. No department is more bloated than STS, except maybe …you know
Anyone hearing anything more about layoffs? Hearing rumors that it will coming soon. Last year it was on 3/17.
Insider rumors of layoffs mainly in Brokerage and AWAT org with goal to accelerate India hiring.
A what-if exercise last year identified groups and staff for reorganization and reduction. This information is stale unless used in March or April.
I dont know about layoffs, I do know that there is a re-org happening in Q2 around ARTs. This will likely be followed by a re-structuring of reporting later this year. Maybe at that time there will be layoffs?