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Stock together (now in october) and Rifs..

So I was just sitting here thinking.. Did they move the stock together to October in order to avoid paying them out for a Rif that is planned?

Full disclosure I am not aware of how the payouts for the big Rif worked. Did they accelerate all stock together grants and pay them out?

Why else would this have been moved to October?

Thanks in advance. Hope everyone is surviving out there.


CDW Medical Insurance - are we covered until the end of July?

Does anyone know if those of us affected by this RIF on July 1st will be covered under the CDW medical insurance through end of July or are we officially without medical insurance now? This would be before COBRA is elected. How does this work?

Feeling pretty numb from it all. Still trying to get over the shock and we have been a one income family, now a zero income family!


RIF's today - be careful out there

So disgusting the email from Don Duet while Riffing people that should be here who are talented. More people confirmed let go today. Jason Baklavas chosen to deliver AI when he hasn't delivered anything for Digital in over 2 years and is one of the worst executives to exist in this company. Clueless management, clueless company. The nature of these layoffs is just reckless. Riffing going on today, good luck all.


Cwell Cronies

how can pals hold each other accountable? they cant. so the consultants who keep hiring their buddies to make a "strategy team" paid 3x what managers are paid can do whatever, rif whoever, and answer to no one with smirks and sarcasm. not new...like last cmo who brought in 4 MD leader pals from caremore. Its gross and cold. Remember yesterdays rifs pay for the next exec.


Life After Verizon???

Of those who were RIFed in December 2025, how many have landed another position? Full-time, part-time or contract? How long did it take you? Cold application or networking?

Or, are you still career hunting? Frustrations and challenges? ATS, AI, etc.?

Or, if you are eligible to retire, did you?


21000

https://timesofindia.indiatimes.com/technology/tech-news/oracle-layoffs-company-confirms-how-many-employees-received-email-from-oracle-leadership-at-6am-saying-that-we-have-made-the-decision-to-eliminate-your-role-as/articleshow/131930070.cms

Glad the Times of India confirmed this from the annual report. So many people. SVP’s and above who ruthlessly cut people off will be in the next rounds of RIF’s.

Larry and that C-Suite do not care who you are.

I have come to have a disdain for RIF’s and the immortality of it all. Lesson. Take your PTO. Work your posted hours. Trust no one at this company. Career growth will only come from moving out not up here.

At some point the true character of leadership is what they tell us it is. They stop being people and “act” on behalf of “the company” and that is why no one at these big companies should care beyond the minimum.


Why RIF‘s? When will it stop?

One reason I can think of is that FIS has been an undervalued stock, with its share price near a 15-year low. Investors haven’t been happy, and management is under pressure to show improvement. My assumption is that these actions will slow down once the stock starts performing better.
As for why they’re doing gradual cuts instead of one massive reduction, it could be to make the numbers look more like organic improvement rather than a drastic restructuring.
Having spent more than 10 years with the company, I feel that compared to some of our competitors, FIS hasn’t been performing as strongly. The easiest way to quickly improve financial metrics is to reduce operating expenses. However, I don’t fully agree with that approach.

Any other thoughts?


Hot take

I feel sorry for the Zenzar and Cognizant newbies who weren’t already employees but are replacing RIF’d and non-rebadged staff.
Thrown into the deep end in some cases and with zero process training.
Better hope there’s some internal documentation to follow because if there’s anybody left to train them those people sure won’t have the time!


WSS

Workplace Survivor Syndrome. If everything is a priority nothing is. Delegation Segregation Discrimination.

Check the numbers in ARIA. It isn't the RIF that is causing the current drop.


Verizon Belgian EMEA RIF

big issue. they want to move to start firing within a month without a social plan - payment&benefits on top of normal salary. its BIG NO NO here. legally they cannot do this. unions say its a joke and called ceo and the human resourses spineless. all this comes from mr cat in the bag.


Unpopular Opinion: They're Trying

I get it. This is hard. Nobody wants to see their team shrink, nobody wants uncertainty, and nobody signs up for a job hoping to navigate a VSP or a RIF (This is not a layoff folks).

But I've been watching this forum and I want to offer a different perspective, one I don't see getting much airtime.

Companies don't offer voluntary separation packages because they hate their employees. They do it because the alternative is involuntary. A VSP with real severance, extended benefits, and time to plan your next move is genuinely a sign of a company trying to do right by people, even when the business decision behind it is painful. They could have just surprised 20% of us with RIF notices on August 1st. You can disagree with the strategy and still recognize the humanity in how it's being executed.

The personal attacks on leaders here are something else entirely. These are human beings making decisions in a brutally difficult macro environment. One that no one fully controls. Venting is understandable. But some of what I'm seeing crosses a line that doesn't reflect well on us, not on them.

Some of what I have seen has honestly made me realize there are areas where this company can RIF, with some of the narrow sighted and uninformed nonsense I have seen these past couple of weeks.

We're professionals. We can be honest about how hard this is without burning the place down on the way out.


Total confusion.

So I was part of the group on March 22 that was RIF’d but then forced to stay working until end of June and then quickly extended until end of August. It seems like the people RIF’d today are done as of today. I want that deal! Trying to stay working on the titanic is brutal and not good for mental health. Who the he-l is making these decisions?


Layoff info

The company will conduct reductions in force (RIFs) each month. There is a targeted headcount reduction that must be achieved based on forecasts designed to demonstrate that operating expenses are being managed and financial controls are in place.

For this round, approximately 90% of impacted employees will be notified by Thursday of this week, with a small number of notifications extending into next week due to colleagues being out on PTO.

Going forward, colleagues should expect RIFs around the same time each month. However, this month’s reduction is expected to be larger than usual, with a higher number of colleagues being affected.

Bumping this from @b6+1kvr3808t for info.


B2B / R2B on this RIF?

With the shifts happening in R2B there will be far less impacts from B2B in the mid market space. Lots of the B2B accounts fall in the 10-35 space that the new R2B teams will own, and lots of cold calling from that team into the same space. Seems there is a lot of overlap in the territories, and lots of new folks with much lower comp than the holdouts with high seniority. They have been trying to weed out many in the B2B team via quotas, new PIP process, and just plain making their lives he-l at work until they quit. Seems like there will be some consolidation, especially in the outer markets and with the folks with higher seniority that have been too stubborn to leave. Anyone hearing anything?


Cannot Discuss RIFs???

just read a comment where someone shared 3/4 of their team got RIF’d, they could not discuss it and had to continue working until their last day.

TF?? meaning they couldn’t flat out tell anyone they were being RIF’d? or just couldn’t go into the details of severance, etc.? can anyone who’s been RIF’d provide insight?

‘cause not being able to tell your colleagues you’re getting cut is wild AF.

I know one thing, Leadership better let us know who’s getting cut asap. I don’t need to know who got the VSP approved or who got RIF’d. I honestly do not care.

I need to know who’s staying and if I’m staying, how much work am I going to have to determine if I’m going to bounce…