#rif

Ebrahim Poonawala (Bank of America) asked about the sustainability of revenue growth and margin targets if the environment worsens; CEO Robin Vince highlighted BNY’s agility and ability to adjust expenses, emphasizing their diversified revenue engine and reduced macro sensitivity.

Look at the super senior, very expensive roles thay have created just in the last 3 months. one or two levels just below Stephanie

Chief Tecnhology operations Officer
Head of commercial finance
Head of Corporate Finance
Global Talent, Learning and AI Work Enablement
global head of pricing
Head of incident management
Client success for strategic accounts
Market Engagement leader

each will build their own new army, duplicate costs and add confusion to respoinsbility and accountability

3% of workforce

My coach just got fired. And there appears to be mass lay offs at Overland Park.

The last I heard there were said to be layoffs/RIF's (1/9/26), does anyone have any updates?

What was the takeaway? Layoffs coming this month? Sounds to me like they are going to have all of this done by the end of the quarter so we should hear something soon.

Getting multiple reports of layoffs Tuesday morning and still ongoing at time of posting

Honeywell is contacting employees today, Jan 20, 2026 to notify them that their account sales positions have been eliminated.

Based on Jane’s recent announcement that the bar will be raised and “we will not be graded on effort”, will Citi be taking a Goldman approaching and simply cutting the lowest performers?

It’s hard to believe that memo can be released and still let go of workers with 1’s and 2’s for ratings….

10-15 Employees last day Jan 23 2026. Blaming on poor 4th Qtr and scarce Q1 2026. Extreme pressures Q3 to pull in orders from 2026 and complete as much as possible at all cost for 2025. Worked hard to make that happen, long days and weekends. The reward was Riff. Thanks for NOTHING. Some very vital employees are being impacted. Some that hold the keys to the kingdom. Perhaps something greater happening to spin or absorb.

How many are being cut

If RIF how long do you have to wait to accept another role there to avoid loosing the severance payout?

RIF in Dec and some networking in other teams and want to bring me back ..

Was RIF’d in August, didn’t really get to say goodbye to anyone, and I genuinely liked everyone on my team. RIF’s and layoffs su-ked, but y’all didn’t.

And to the person that will inevitably comment about leaving NCR “x amount of years ago and never being better”, I’m glad for you, friend, truly.

Have been working for Citi 25 years. Managed to be spared from all the lay off waves in the past, because I was always at the lower end of the pay-scale. 2025 was one of my most productive years with managing 3 projects on top of my BAU work by working over 60 hours a week. End of this summer my manager who knew exactly what I was doing - like all managers ought to- got laid off. My year end was given by the MD who did not even know what I accomplished and particularly does not like me. I got all 3sat year end, when I had assessed myself with mostly 2s.
I have been a high performer, I don’t even remember getting all 3s ever. And my bonus was cut by 27% compared to last year. Slap to the face.
Before you say “don’t cry me a river”, I just wanted to say this is not the company I started 25+ years ago. I always knew I was nothing more than a number but I still liked the place I worked. Last few years It became toxic, management ruthless, and an unpleasant place to spend my 10+ hours a day.
Yesterday I sent an email requesting to be in the RIF list so I can have another start.
My department is not targeted and not sure if they will lay me off with a package.
Maybe mid year, who knows, but there is not a drop of motivation left in me.
Hopefully one less person gets to keep their job while I sail to new open seas….

OMCL had a massive hand in ruining my career momentum (RIF'd in 2023). They're doing it again, again with another round of reorg ridiculousness complete with job eliminations and whatever else. All because of greed, short-sighted, barely competent management. Randy and enablers sure are some of the luckiest MFers, of course I'm envious of their personal balance sheets.

Made it through the last round of RIFs but decided to retire if I'm not RIFed in 1Q2026. No reason to keep training people who can't follow instructions. No reason to have output that is ignored or manipulated. No reason to appease yet another new department "leader" who is begging to be propped up to collect a huge salary.

It is time to go. Fortunately for me, having been through years of RIFs, we saved CASH all along the way and have a few years salary in the bank. Health insurance taken care of too. Time to look for something new after a break from VZW. I had a good 24 year run.

• Customer loss over 500,000 for the year
• Blame Apple on phone availability hindering sales.
• Cite the RIF as an OPEX cut and indicate there will be more change
• Gloss over the outage and blame it on something rather than take ownership.
• Somehow buying Frontier and laying off more employees will set us up for success.
• Latest JDP network report shows Verizon as #2 or worse in all but 5 regions.
• Word salad around being customer centric, setting the foundation and other nonsense that will be meaningless.

What else can they say? VZ is hurting big time right now. Employees won't even know "the plan" until Feb 5 according to our java drinking cowboy.

Today was rumoured to be a large RIF day. No news thus far.

Here’s a likely scenario for what caused this outage:
1- Most managers have no expertise or practical experience in the department they’re managing and therefore cannot accurately assess the competency of their direct reports
2- They have experienced people on their teams who go about doing their job quietly because it’s no longer new to them and no longer a big deal so they don’t talk it up
3- They also have newbies who talk up what they’re doing because it’s new and challenging to them
4- RIF time comes and they decide to RIF the quiet experienced person because in their mind the newbie is some superhero who told them how they overcame all the challenges.
5- New challenging work enters the queue but the experienced person is no longer there so it gets assigned to the newbie
6- Oopsie! We have an outage!

Got the boot today, best thing every happened to me. Thank you Citi! They plan on canning everyone on Transformation projects. They said lay off are due to AI. What AI? All data exists in excel sheets and not even applications.

Citi doesn't care to truly transform anything. Only so little of consent order was done, I highly doubt they ever had intentions of completing anything. It's a show horse.

Still baffles me how complete id--ts who know nothing are always retained with zero critical thinking. No smart or good employee will ever work at citi in right circumstances. Retention is 100% for a certain type of employees

How is that workin' for ya, Dan? Wait 'til the sh1tty designs start hitting the field next year creating interference issues that non of the H1B contractors will be able to figure out the cause.

TRM requests started going on....

Not sure what if anything can be done but..
VZ has continued to have union workers serve as “set up” managers before and after RIF (still as of today) in same exact management job. Is that getting leaner or simply a cheat day for Schulman Inc. is there a discrimination case there??

Heard some folks will be RIFed on Jan 31st or before. A lot of org changes going on. Any updates?

I just saw on another thread that the RIF for 1/22 was moved to 1/23?? Is that correct and what’s with the change?

What exactly is redeployment, especially an open-ended one? Is this just a RIF in disguise?

It’s the second “working” Monday morning of the year. The first week back from the holidays is just over, and now reality sets in. How are you doing?
I have about 10 applications to other companies in a “submitted” status. I had one interview in December that I thought went very well but I haven’t heard back from yet. I am grateful to have the time with my family, but this morning I’m feeling dejected. Yes, picking myself up by my bootstraps, but looking for some candor here. Working here for 23 years, it’s like I imagine a divorce to be, feelings are up and down. I even miss the commute. Probably the routine, really.
How about you?

Anyone have any information concerning the departure of one of the directors in customer service? Worried this could be a preamble to another RIF.

When will the RIFs start taking place?

15$ plus an hour no degree needed. Now you know how we are backfilling all the management positions recently Rifed!

one side- silent RIF's, other side, giving small retention bonus 1- 3k , which will vest in 18 months, what a company!

This has been confirmed in a statement on social media, where CEO Denny Unger revealed that "due to industry forces beyond control" the developer is being forced to lay off around 70% of its staff, with the cuts happening as of tomorrow, January 7. 30% of the developers will remain employed to "continue the mission."

https://www.gamereactor.eu/pi---l-whip-developer-cloudhead-games-is-facing-major-layoffs-70-of-studio-laid-off-1656613/

I mean why do we need to deal with this again .Hearing now they want to riff about 10-15,000 more in April after the merger.Like sitting on the edge of seat.At this point thinking everyone starts looking for a job to jump ship if possibly comes up.Cause this is no way to live .I mean we’re all like we survived it’s over .Now new year it’s not over yet round 2 then what round 3

HR over multiple sites on call today and apparently there is a memo doing the rounds to management too. I am hearing something big coming in 2026

So 13,000+ people were fired in December and in January those very roles are now open roles?! Talk about a slap in the face! V2B is hiring AD’s and supervisors and reps but got rid of them for the holidays. Bait & Switch at its finest.

Layoffs are often announced on Tuesdays. Let’s see which org is up.

I was rif'd on Dec 19 and Verizon mistakenly cancelled my insurance as of Jan 1. Anyone else have problems with their insurance coverage? They had to submit paper work to reinstate my insurance. I was on hold to get through to Verizon Benefits Center for almost an hour.