So far I have seen only US Citizens or Green card are RIFd. Any H1b in the Sept RIF'd list?

Protect yourselves so you don’t end up like me.

My Manager seem surprised on the RIF call on 9/21. The Manager set the appointment didn’t he know what was going to happen? HR and other personnel on the call were either blind copied or forwarded the link. Don’t know if he is playing good cop/bad... — read more 

I got Riffed on 9/21 with 30 day notice. Will get severance payment for a couple of weeks. If I got a new job during severance period how is the unpaid severance payment handled?

Are there any laws or regulations about storing PHI for Caid/care members in overseas servers?

I truly feel for those of you who have been laid off. I'm sorry. My heart goes out to you. It has been a brutal week. I hope you each find youself in better circumstances! I am preparing for the possibility of layoff in future rounds. I have... — read more 

Local markets were given a goal to eliminate 20% of their workforce. Some areas saw a 40% reduction in order to keep other areas untouched. Associates upto the Director level were randomly selected to keep the lawsuites at bay. However, from... — read more 

Just wondering if anyone has heard about any potential RIFs happening within Workforce Management anytime soon.

First, I am truly sorry for everyone whose week ended so terribly. It makes me sick, also makes me think twice about staying…so many of us who are left, especially with tenure and at/over MRP are feeling we have targets on our backs and they could... — read more 

Obviously no one was there, but they had a security guard in the reception area. I guess looking out for disgruntled employees who might be wielding firearms. I mean, he was bent over double into his phone, but I wonder how many employees his temp... — read more 

Wondering if digital will also have layoffs

How much has been paid to McKinsey this year?

GBD/CA - Sales Support - camera off, meeting was with SVP - touch base scheduled for a 1/2 hour, HR was on the phone, was given today and tomorrow off and told what to post on my OOO, Severance was 4 weeks, plus 1.5 weeks for each year completed... — read more 

I feel sorry for the ones that got laid off on September 21, 2023. Which departments got laid off?

This round isn't even fully over yet and people are already talking about a November round and another in February. I'm sorry, but sc--w that. I'm not staying in a place where we can't go a day without having to worry about more layoffs. This is the... — read more 

I know we just got through yesterday and rumors of Oct and Nov cuts to come. There is now a rumor of cuts in Feb 2024. The logic is to not minimize impacts to end of year/open enrollment. Another benefit, to the company, would be it would lower... — read more 

Am I wrong? It seems so based on those who were laid off among the people I know, but is this true company-wide?

I was told CSBD will be hit hard this 2nd round.

Frontline CSBD associate… wonder if it’s RIF or just to discuss RIF happening.

Rumor I heard was that company is replacing IT with AI.

Well folks! I think it's time to leave this dumpster fire. You would have to be insane to stay here.

Yes, I still have a job but for how long? I doubt layoffs will stop any time soon. In addition, I know for a fact my work is about to at least double. We lost several team members and somebody will have to do what they used to do. I doubt we'll be... — read more 

If you're eligible for retirement (or early R -55+), and you take the severance package, do you forfeit pension money? Can you take severance and retire?

https://www.twitter.com/TheLayoff/status/1704995960999510382

It sounds like a total bloodbath at Elevanthem today. Must be hard to continue working out of the office after such a mess. 🙂 When I left last year, I never had a chance to submit my final evaluation report before I was locked out of my accounts. I... — read more 

Just wondering if today was mostly managers, or were directors cut.

I knew something was not right when my manager changed my 1x1 from next week to today. Anyway SVP came on the line and started to talk about cost reduction, then Manager joined, then HR joined and started to talk about separation packages. Felt... — read more 

RIF happening in two waves. One in Oct and one Nov, approx 5k employees in each wave. 20% of GBD will be eliminated. Goal is achieve $1billion of administrative savings needed to fund the shift to A.I. That’s the story line for the Street. Removing... — read more 

This is just 1 article from today: https://beststocks.com/capital-investment-advisors-llc-increases-position-3/ Interesting news articles the past 2 weeks especially w/ impending mass layoffs.

If you’re willing to do so, post the results of your day here. Ironically, might be beneficial to see you’re not alone and how wide the impact has been felt. I know that’s what I’ll be looking for after my 15min call at 2:30. Best wishes to all. — read more 

For those of us eligible for retirement (age 50 or older with at least 10 years of service), can anyone suggest what we should say to HR when we receive a rif call? I saw a post last year where HR told the person being riffed to complete the... — read more 

just wow

It’s true and started with last day mid Oct. A lot about what these posts say is true about bad leadership and politics. The good go.

If the RIF turns our to be true, and you get axed. Would you ever consider coming back to this place?

Lol, my meeting with my manager was moved to tomorrow morning. Going for a looooong walk and prepare for tomorrow.

One of the VP's sent out a meeting for tomorrow and it includes the entire department. It's well over 100 people. It said try to attend if possible or something like that. Any thoughts? I'm nervous now. My guess is that they know everyone is aware of... — read more 

Can I look it up somewhere?

I moved this from the main September thread as it was getting burried over there. I think more people will see it here and it has some good points. I've provided the source... Let me try to answer several questions... — read more 

Anyone knows?

Every team will be impacted by the RIF. Some teams have a 20% reduction target and will let them all go on Thursday while other teams will eliminate that 20% between Thursday and the end of the year. Don't think any team, GBD or CSBD, are exempt from... — read more