#rif

I willl be interested to see if the 13% and the RIFs are the work of the troll.

Is this correct?

I believe tomorrow (6/23) is the notification day. Meetings usually get scheduled later in the evening for tomorrow morning
@a5+1kvr3808t

More rifs happened today

Anyone know how July 16 will impact Value?

IBM and Deloitte have closed the deal on Juneteenth day to takeover VZ IT. It would be a Centralized IT org to deliver the business requirements using Claude Code; hence you would see that your Gitlab repo has 1000+ developer access now(Go and check it out). VZ will do one more wave of RIF to reach the number of agreed workforce for rebadging and retain a small % in the IT.

If you think you're safe, I've got oceanfront property in Arizona to sell you. Nobody except the top brass is safe.

I've been hearing a lot of talk about more layoffs coming next month. At first I dismissed it, but the rumors keep getting louder. Does anyone have any actual information? Are these just rumors or is something really happening?

What will happen to ESG ?

Everyone with actual leadership ability has already left FIDO. The people running things now are only looking out for themselves. They don't care about the company or us. I'd leave today if not for the severance. With my salary and age, I'm almost positive I'll be cut within the next year.

Working extra hours and getting good reviews won't save you. If they want you out, you'll be gone.

I joined Citi in July last year, and since then it's been nothing but cuts, stress, increases in workload, and a plethora of other issues. Every time I thought it was over, something else happened. Is it always going to be like this? What are the chances of things improving at some point in the future?

They're moving away from layoffs and toward firings. I know several people let go for ridiculous reasons. It's getting worse.

Several people on our sales team were surplussed on Wednesday-all had good numbers compared to those of use that weren't impacted, our sales manager said that the selection process was above his pay grade and that she had no say what-so-ever in the selection, one of the sellers let go was the oldest person on the team, a white guy who was crushing it this year and had the highest production on the team, the other two who were let go were also older members of the team , on e them was third on the team in production. Those of us left are newer to the team and are glad we were spared but are trying to understand how this selection process works

I'm sorry to all the people who were RIFed on 6/16. What date did the company give as your last day?

I know several people who were riffed in June, and there are still rumors of larger global RIFs coming in July and August.

For those who make it through these rounds, whats the outlook for the rest of 2026? Do these cycles eventually come to an end, or is this just the new normal?

At this point, I’d rather be included in a RIF now while severance packages are still relatively generous.

So tired of this, let me work or let me go

Has anyone had any dealings with the senior head of HR? My understanding is he is the one pushing RIFS, and a reason behind this increasingly toxic place. He wants RIFS everywhere but has the most toxic people leading HR teams.

While I have survived tons of RIFs, I have never seen this company or the company I came from when we merged, offer a VSP. I’m tired. I’m sick. I am ready to leave so I applied.

Anyone else did? Yes? No? Considering? Thoughts or theories about this? Share it!!

Does anyone know, if you take all your vacation for the year and then get laid off, do you have to pay back the part you haven't accrued yet?

Pete L talking about IA employees are the most valuable part.. mkay how many will be RIFfed soon?

Rivian announced staff cuts this week. Under two percent of its staff will be affected. Production workers are not impacted by these cuts. The announcement follows the start of R2 vehicle deliveries. First-quarter 2026 net profit for Rivian decreased by $87 million.

https://www.worktruckonline.com/news/rivian-layoffs-will-not-impact-production-workers-r2-has-launched

It's over for all of us here anyway.

Happening this week. Any info on how’s many

Anyone heard the investment community is predicting at least 50% RIF in order to restore profitability and stock price…

Seems at least one person got the axe on March 31

My SVP has said next week on Tuesday is expected to be the largest rif action

Can anybody confirm this?

Anyone heard anything? It seems every month there’s a RIF. Or maybe they met this month’s numbers with the VRIF.

If the rumors are true why are we need seeing more posts and activity around this? We usually start hearing “insider” information about meetings, lists, numbers, etc. Is it really happening? Spill the tea

Frontier employees will not be impacted in upcoming RIF’s for their first 12 months as a VZ employee.

121 people, NJDOL WARN Notice as of last month: https://www.nj.gov/labor/assets/PDFs/WARN/2026_WARN_Notice_Archive.pdf

How should I approach my manager about volunteering for the next RIF? I won't go into too much detail here, but I have been incredibly miserable since they moved me to a new role after the first wave of VSP in 2024. It's a role I never would have applied for on my own. Originally I had hoped to stay in this role for a short period of time and then eventually move to another role internally. However, given the current state of the company, that is no longer a viable option. I was thinking of giving my notice soon (no I don't have another job lined up, but I have enough savings to get me by for quite a while). Should I approach my manager about volunteering for the next RIF so I can at least get severance? If so, how should I approach the conversation? Or should I just give notice and be done with this place?

Our VP stated that RIFs are "rare" during our town hall. We have had 9 (!!!) employees on our team RIFed in the past 24 months plus a Sr. Director disappeared under mysterious circumstances.

They fired two US employees this May and then immediately posted the roles in Colombia. A key talking point from one of the Sr Directors was about how amazing it was that we were hiring! Be sure to recommend your friends!

Not sure how the VP thinks RIFs are rare at Medtronic given that I have never worked anywhere in my career that has had this rate of RIFs. The level of lying and gaslighting from execs is unbelievable.

Also we were told that we are now expected to demonstrate "Joy" going forward.

Wayfair Layoff for Global Partner Retail Enablement was made today. Unsure how many were impacted, but roles across Cross Journey Operations and Analytics were impacted today. Apparently not considered a "RIF" since it was a smaller headcount.

I’m just reflecting on UKG post July 2024 RIF and the downward spiral that I’ve watched this once unicorn company go through.

• March 2020, Ultimate Software and Kronos merger.
• June 2022, CEO Aron Ain steps down. Enter Chris Todd.
• Fall 2022, Global Delivery introduced.
• July 2024 RIF, over 2,000 employees. Chris Todd removed as CEO. Enter Jennifer Morgan.
• Following July 2024 RIF, major company re-org.
• Global Delivery grows, while positions in the US are quietly being eliminated. Also, when US employees leave, their roles are not backfilled (I had several teammates leave, but not a single role was filled).
• February 2026, RIF.
• April 2026, RIF.
• Current: Bulk hiring for Solutions Consultants in NOIDA / India as “transitioners” (delayed lay off employees) help to train them on their jobs, so they can take over come August 2026.

What did I miss?

What is happening to this once unicorn company?

UKG is in shambles.

i heard another Riff coming in a few weeks…anyone else hear that?

You asked, we listened! Our vteam family let us know they wanted to reduce vacation accrual max from 150% to 125%. This gives our superstars more time to set the foundation to play to win. It also helps reduce severance for future rifs which delights our shareholders. I am humbled, honored and energized for all we have accomplished as we continue to build the future at scale - together!

Max cap being cut from 150% to 125% so they can take that off the balance sheet and not have to pay out that additional time when we're all RIFd.

for this month

Any updates regarding rifs in June?

Seems a number of below the radar RIFs happening in a variety of groups. Some higher grades too