Layoffs in American Express are for real. Happening in the name of organisational restructuring.

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Abe pura details diya karo, ye panic faila k kyu chale jaate ho.

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Yes, restructuring target are upwards of 20% in some business units. But don't worry, 3 mahine ka time milta hai company mein Naya role dhundne ka..fir bhi nai milla to severance milta hai 3 mahine ka..ek baat hai jiske baare mein, I don't have much knowledge (despite being with the firm for 7 years). Will women on maternity leaves also be affected?

Network for sure

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GSLN

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Yes, they are happening
I got layoff last month and was given 2 months of notice period to get a new job

I interviewed for several roles internally, converted few and now joining one tomorrow.

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I know is baar restructuring target are upwards of 20% in some BU, especially those Jo ki client ke sahare chal rahe hain..

Which BU?

In all bands or any specific band ?

Not any specific bands. Happening for all due to restructuring. VP contacts the affected employees for 1:1s.

More details please!!
What happened?

Shared more information on the other replies. Please check.

GHANTA layoff ho rhe.
Har doosre din fokat 1 liner message daalke bakchodi failate rehte h baad main bolenge I know around 10-20 people who got laidoff.
Bhai 15-20 log nikal sakte h restructuring k naam par, usse layoff nahi bolte.

GSLN, FXIP in GSN, GCCM… it’s everywhere buddy… try n talk with folks from these departments… you’d know then

What about people who are about to join? I am supposed to join accertify sr analyst

Aaj hamari team ko bhi bulaya tha VP ne chai pe charcha karne ko..I could not go since I am on sick leave..kal samachar millega

US ki position India AA gyi paise bachane ke liye

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People are layed off.
Other companies are on a hiring freeze.
So where are those people going?
Did we did a mistake by choosing tech as a career.
Cause I never heard consulting,finance or people in administration getting layed off like this.

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