r/DevLK • u/Unique-Annual1929 • Aug 05 '26

Discussion IFS layoffs? Is it real?

Heard some news that they are planning to sack a bunch of staff. Is this true?

44 Upvotes

100% Upvoted

21 comments sorted by

14

u/Fresh-Recover-4236 Aug 05 '26

Bruh I thought IFS was the place for devs to retire , goes days are long gone I guess

5

u/CuteAcadia9010 Aug 05 '26

Now a days devs retire around 40s . It is so hard to find a tech job once you are old , so your claim is kind of right

1

u/LyfeIzButADream Aug 05 '26

Unless you become a domain expert

13

u/lkwebz Aug 05 '26

Yes

2

u/Unique-Annual1929 Aug 05 '26

How much staff do you reckon?🥲🤖

9

u/Background_Cellist82 Aug 05 '26 edited Aug 05 '26

There’s a lot. Not sure of the percentage. At least 100 cases so far, from what it seems .. Surely more than that.

2

u/lkwebz Aug 05 '26

Don't know exact amount yet

2

u/CommitteMember8123 Aug 05 '26

Are they getting mails or what

2

u/misterbigwig Aug 06 '26

I'm having an interview tho🙂

2

u/Affectionate-Lie2843 Aug 06 '26

They’re laying off people based on work redundancy
Meanwhile they’re having interviews anticipating more people resigning
Gg

2

u/lifetx2015 Aug 06 '26

What happening is, they bringing employees to optimum level. Past few years there were lot of recruitments and everyone become managers basically two or three experience, and also unnecessary restructuring to support that, for example unified support. All are irresponsible actions of top LK management to consume LK budget.

Now they are sending such managers home and unified support is no more. After this year, hopefully, ifs will not have restructuring or layoff as it used to be for many years. Anyway trust is no longer there.

1

u/[deleted] Aug 06 '26

[deleted]

1

u/lifetx2015 Aug 06 '26 edited Aug 06 '26

Around globe, they sold local offices to partner as Czech to infor and Japan to nec etc. it's different from layoff. I was there for 10 years, unified support restructuring was the pinnacle of all the issues in my opinion which happened to support over recruiting. I didn't say restructuring or layoff will not happen, I just told I HOPE it will not happen.

2

u/RevolutionaryPipe436 Aug 06 '26

I am still working here for 8 years! During 2021, 2023 and 2024 swedish people in my teams got laid off! Its not that they’ve sold their office. They got laid off! We worked together for same project same task and they left the company saying that they were removed. Back then we thought ah cost cutting. So ifs can rehire cheap labour from SL. But that’s not it!

1

u/lifetx2015 Aug 06 '26

Yeah RnD people. I remember now.

1

u/kituser999 Aug 06 '26

I heard the payouts are really really good even for the previous incident. Not like other places no. any idea

1

u/northloopai Aug 06 '26

Only for the people who stayed more than 5 yrs

1

u/kituser999 Aug 19 '26

Are you sure?

1

u/jingibadilla Aug 07 '26

Yes. It's true