Thread regarding VISA Inc. layoffs

Is it confirmed that round 2 will be this week?

I can see from comments and hear from my colleagues that layoffs are across the board, with older, more experienced folks disproportionately being let go (stupid, but hey). Do we know if it stops today or if more is coming this week? Can’t wait to hear what’s the glorious new direction justifying these cuts.

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| 3121 views | | 7 replies (last June 18, 2024) | Reply
Post ID: @OP+1t00R8Wl

7 replies (most recent on top)

A lot of the older folks are the ones holding the company back. We need to be bolder and faster just like the CEO has said.

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Post ID: @5spc+1t00R8Wl

The talk of layoffs is circling around the Austin office. Not even managers know if they should expect to downsize. Did hear that PMO roles were being let go and engineers are expected to do their own management.

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Post ID: @niv+1t00R8Wl

Recession

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Post ID: @muf+1t00R8Wl

Is there any clear logic or reasoning to this? It's so all of a sudden.

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Post ID: @uxb+1t00R8Wl

I just got laid off yesterday in Denver.

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Post ID: @rzs+1t00R8Wl

It seems be running still in Bangalore and some others locations till end of the month.

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Post ID: @sdo+1t00R8Wl

Round 2 has started this morning at the Austin location. People are walking out in tears... this is an extremely sad situation for those that have been let go.

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Post ID: @znb+1t00R8Wl

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