#layoffrumor

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fast-tracking performance reviews

Heard from the India team that Muhi Majzoub was in India last week. In a meeting with employees and presence of HR, he basically dropped hints that layoffs are coming down the pipeline soon.

Sounds like salary hikes are definitely getting delayed or might not even happen at all. On top of that, they're fast-tracking performance reviews right now to flag low performers before making the cuts.

Anyone got more details on this?


ETIPS megathread

Starting a new thread to keep track of ETIPS layoffs. Layoffs coming for legacy applications, which application / department are you working with? Any layoff rumors? I am with a legacy CRM and we have no work. Pretty sure layoff are coming based on the way my manager is behaving... No meetings , no communication lately.


Union associates Eisp offered getting louder

I don’t know for sure but the rumor is getting louder and louder from directors and managers about an across the board Eisp offered to the field in the northeast supposedly unlimited to all groups anyone who wants it.The rumor been from regular to enhanced Eisp unsure but seems like something is gonna happen to offer by end of June .Anyone hear anything .Last it was they would like to lose 2000 field .


July & August layoffs?

I heard a rumor that there will be layoffs on July 15th, and then more on August 15th? Has anyone heard about this? Not sure if it's even true, or what departments.

Q2 earnings reports are expected to be on July 30th, so the July 15 layoffs would be ahead of that call. I overheard this information before the reports that the EU approval for the WBD acquisition is July 7th.


Florida Tax Cut Plan Sparks Boca Raton Layoff Fears

State lawmakers approved a property tax cut ballot measure. Voters will decide on this proposal in November. Local leaders warn the plan could significantly reduce city revenues. Boca Raton Mayor Andy Thomson stated it could lead to service cuts and layoffs. The city is preparing for difficult decisions ahead.

Boca Raton, Florida

https://www.wflx.com/2026/06/03/local-leaders-warn-florida-property-tax-cut-plan-could-gut-city-services-bring-layoffs/


BT x Verizon (VBG) partnership / buyout / merger: what have you heard?

As someone in EMEA in professional services (cyber security consulting) at Verizon, we're hearing a lot regarding the potential for certain business units to be sold off to BT to boost their capabilities. What you have you guys heard? In EMEA it was looking like a collective dismissal first, but now it's looking more and more likely that a sell off will take place instead.


New rumor mill about token usage and cuts

There's growing chatter about people being cut due to less token usage.

If you weren't heavily using your copilot, it's being seen as "you're not growing" and "adapting" to new technology.

To me it's seems mo--nic,
It's another metric of punishing people who are efficient while people who used dev assist for simply changing a label on UI are being rewarded.


New round?

Noticed my LinkedIn page has been getting views from cognizant recruiters starting last week, so I’m guessing my time has come. Has anyone heard news on what’s coming first week of June?
Also, how does the transition to cognizant work, does our compensation change? Does your job grade have anything to do with the separation process?