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I’ve seen the exact same thing in the Houston office. It feels like a silent freeze where they just stop backfilling roles without making an official announcement to avoid a PR nightmare or a mass exodus. They’re likely trying to manage the burn rate before the fiscal year ends, which makes everyone feel replaceable. Don’t wait for them to give you a clear answer—if your workload is unsustainable and leadership is stonewalling, it’s time to start looking elsewhere. Transparency is non-existent right now.
That tracks with what I'm hearing. Invesco has been playing these games for a while, keeping people in the dark while they quietly shuffle headcount around. It’s classic corporate behavior to keep teams 'underwater' until they decide to pull the plug on entire projects. If your manager is dodging questions, it's not because they don't know—it's because they’ve been told to keep quiet until the budget hammer drops. Keep your resume polished and stay ready, because these silent freezes usually precede a round of restructuring.