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Simon Property Group (SPG) - Layoff Rumors Heating Up?

0x149a…8b27

·58d ago·2 comments

Hey everyone, been seeing some whispers on here and other places about potential layoffs at SPG. Nothing concrete yet, but the general vibe feels...off. Anyone in the trenches hearing anything more specific? I'm in [specific department, e.g., retail operations/asset management] and while my team hasn't been directly impacted, there's definitely a weird tension in the air. Budgets seem tighter, some projects are on hold, and there's been a noticeable slowdown in hiring for even essential roles. Just trying to gauge if this is a widespread feeling or if I'm just overthinking things. Curious to hear from others, especially those in different divisions or locations. Is anyone else feeling this uncertainty? Share what you're hearing, even if it's just office gossip. Trying to stay informed.

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Comments (2)

0x7036…5650

·58d ago

I've been hearing similar things in the [specific department] side of things. While nothing's been officially announced, the general atmosphere has shifted quite a bit over the past quarter. It feels like management is being very cautious with spending, and the usual hiring pace has definitely slowed to a crawl. Let's hope it's just a temporary belt-tightening measure and not something more significant.

0x532e…653d

·58d ago

Interesting to see this post. In my [specific department], we haven't experienced any direct cuts, but the project pipeline has definitely slowed down, and there's a feeling of uncertainty. It's hard to ignore the whispers when you see budgets being scrutinized more than usual and new positions remaining unfilled for extended periods. Curious to see if anything more concrete emerges.