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Invesco - Budget cuts and hiring slowdown?

73
0x7371…407f
·51d ago·1 comments
Seeing a lot of chatter internally about potential budget tightening across the board at Invesco. Not just hiring freezes, but also whispers about cuts to travel, training, and even discretionary spending. It feels like more than just a typical slow period. Has anyone been told directly about budget constraints affecting their team or project timelines? Or are we all just feeling this general 'belt-tightening' vibe without clear communication? Wondering if this is leading to any more significant headcount adjustments down the line, or if it's just a signal to manage resources more carefully.

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Comments (1)

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28
0x28dd…0833
·51d ago

I'm definitely picking up on the same sentiment. My team's been told to push back non-essential travel and training for the remainder of the year. It's understandable given the market, but the lack of clear communication about the 'why' behind it all is a bit unsettling. Feels like we're navigating in the dark a bit, and I'm curious to see if this translates into project delays or impacts our ability to innovate going forward. Hopefully, leadership will provide more transparency soon.