Below are all the posts — topics as well as replies — that mention the hashtag #consolidation.
Mention #consolidation in your post to continue the discussion!
Project Managers rebadging. 90% and 10% stay as GW (for now).
Consolidation under one VP + mass rebadging + downgraded benefits usually means cost restructuring and positioning the company for a transaction (sale/spin/outsourcing). Whether the “sell off” is confirmed or not, the pattern is consistent with that kind of move.
Next Up:
Business Analysts
Developers.
Gainwell responsibilities are shifting to Abacus and that means Gainwell staff will be reduced to account for the shift is the staffing model change. There was a townhall Thursday where Pinky pretty much told us that some of us will be moving on because the current staffing model will reduce the number of people in the new Abacus model. I mean, if people don't get the clue by that then they deserve to stay and suffer.
Surprised nobody is talking about that here.
For the right price I think we should do exactly that. We need to focus efforts on turning around our core brands: Nike and Jordan. Converse is generating strategic as well as financial drag.
In another distant time it must have been quite a triumph to buy them but that era is long gone. Let’s attach our mask first.
Customer Service skills that have moved back to FT are FAST (top producing financial professionals), WT or Wealth Transfers (non-retirement transfers such as death, registration changes, etc.) and next week VIP SH services. The contract with FIS requires that FAST and VIP be serviced by US staff. When VIP moves over, there is no more contractural requirement to keep remaining US staff on board. There are highly tenured FT Legacy US staff remaining whose applications to return to FT keep getting rejected. Why? FIS will retain the Retirements and Shareholder skills until the end of tax season. Tenured staff with those skills are needed to maintain service levels. Why else would staff with years of experience be repeatedly rejected from returning to the same roles at FT? This is the anxiety being felt among those staff members. FIS will no longer be servicing FT after May 2026. The remaining staff is highly demoralized. Teams have been consolidated into unmanageable groups. It seems likely that the final layoffs will be announced in March. It's a terrible way to treat people who were not responsible for any of the choices that led them here. One last important point, those rehired at FT are doing so with a pay cut. That's right. you can perform the skilled role at FT that you are performing now for less money. The benefits are better and the 401k match is higher (85%) but the salaries offered are lower. Make that make sense.
Apparently, things aren't all bubble gum an unicorns at Dell.
Dell faces margin pressure as surging DRAM prices and constrained supply inflate production costs for both server and consumer segments.
DELL's ISG and CSG margins are declining, with consolidated gross margin dropping over nine months.
Despite the robust AI server backlog and raised FY26 revenue guidance, we do not expect quick margin recovery.
DELL trades at a small premium to its 5-year average but remains at a 40% industry discount on key multiples.
I mean something useful and at least somewhat credible. We all know major layoffs are coming, so it would be great to have a heads-up. And let’s be kind to each other, losing our jobs would be tough. The job market out there isn’t exactly cheerful or full of options.
LRs are coming to US Commercial in the 2H. Area, Operation and Region consolidation will impact ODs, SSEM, RMs and SEMs.
https://www.sdxcentral.com/news/cisco-sells-4-silicon-valley-buildings-for-63m/
Looking into 2026, there is alot of chatter around yet another sales reorganization, one that is more aggressive and drastic than any we have seen in prior years. Look back at the investments that have been made in both New Brunswick inside sales in addition to the Texas based inside sales offices - neither are by accident.
I've heard a few different "values", but what's consistent is the message that more customer relationships will be moving to both the Canada and Texas inside teams, with only customers billing in excess of $75,000 annually ($6,000 monthly) staying in the field.
I don't have specific insight into what this means regarding manpower , but common sense would quickly say that there is a large reduction coming into the sales organization - reps, managers, and specialists.
Is anyone else hearing anything more on this topic?
Hi gang - question for those who may know or who may have heard anything…. What are the impacts looking like for internal US base call centers? I have heard they want to close or consolidate OFFSHORE/GLOBAL CENTERS, but have not heard anything here about the centers here in the US?
What roles may be impacted? Senior manager? Director? Team manager? Coaches? Would love to hear some credible responses.
Pfizer is implementing significant layoffs in Switzerland as part of its global cost-cutting initiative. The pharmaceutical giant plans to reduce its Swiss workforce from approximately 300 to 70 staffers by the end of the year. This consolidation will result in about 230 job cuts, affecting 100s of employees. The company stated the moves are to streamline and realign resources, reduce complexity, and optimize work. These actions align with Pfizer's broader goal of realigning R&D, reducing administrative expenses, and optimizing manufacturing operations.
It wouldn’t be surprising. Someone mentioned another 300 shutting down next year, and I wouldn’t be shocked if the final number ends up even higher. What’s really stopping them from shutting everything down and switching fully to the non-corp model? Either way, the uncertainty and anxiety just keep dragging on.
I have not heard anything, just rumors. Does anyone have any info on how the landscape of S&T will change? Will DPA finally be eliminated for good? Dave’s org to be shrunken? D&AI???
I received my final paycheck but my remaining PTO wasn't included. Anyone know if that comes separately?
So how many value people are left? Now that corp stores are moving indirect, why not move 100% indirect? Save $$$
There is a rumor that all of operations will be cut in half next year. Anyone hear anything solid?
From my understanding, the following clinics have been affected:
After Simon’s takeover ofTaubman, more than 100 positions have been eliminated in Detroit. The layoffs are due to permanent closure + consolidation of mall operations. Not sure about the total number of people that are being cut
Word on the street is Georgia Alabama will be consolidated with the Florida market with Florida leadership running the show. Is there any truth to this? I wonder who got eliminated in Alpharetta or who will get eliminated in the next layoff?
Verizon Connect laid off parts of the org today. If you are with Verizon Connect in any of the locations, chime in.
This is absolutely brutal. It will take quite a while to get used to the "new" Verizon.
I'm sure a lot of you have seen others posts around retail but I got some solid numbers. 180 stores were impacted today which they are still required to work today which is very sh---y. 179 stores will divest and one will close. It is 30 stores per market. After everything we will go down to two markets. All of the teams will be either consolidated or impacted. This also means that territories and districts will be redrawn and that will cause impacts to local retail ops.
Heard that they are planning to move all the Lake Mary jobs to New Jersey in the next two years.
I think my favorite moment from this year was when Ryan had a Town Hall in Bartlesville so they emailed all bartlesville employees reminding them that they need to dress professionally at work and wear things like shoes.
How about yall?
Town hall this morning announced that we're going to combine IBO and the GSCs, and that we will eliminate some redundancies.
Buckle up, it's time for another round of musical chairs aboard the RMS Titanic.
I can confirm 179 stores to be closed and down to two markets West and East. Not 100% sure what that means for head counts but 2 MPs left and not sure if 2 RVPs will retain their positions.
Hearing the first of many grenades is coming out tomorrow from corporate regarding this global consolidation operation..
One of the biggest things im hearing PDS is going away for non NPT along with all non NPT will become wage employees.
Somethings else FLS & SLS having a minimum amd maximum amount of direct reports as well.
Anyone else got any more information?
Anyone else have details on this?
Work force reduced next up asset sales?
So much for being star performer.
I'm in SMT, got rated as exceptional performer.
And this morning, I was told my position is strategically moved to NC where there are all the developers, including my manager.
I have 2 months to find a new role or accept severance
https://www.bizjournals.com/sanjose/news/2025/11/06/ibm-layoffs-silicon-valley.html
Hearing this week TNL locations will be roled out for regional staff (ACE Wireline) affected folks will be asked if willing to move or report to TNL locations. If not....
When Americans talk about why prescription dr-gs cost so much, we often point fingers at pharmaceutical companies. But behind the scenes, a quiet and far more insidious force drives prices higher — Pharmacy Benefit Managers, or PBMs.
These middlemen were supposed to save us money by negotiating discounts and managing benefits between dr-gmakers, pharmacies, and insurance companies. Instead, they’ve built a cartel-like empire that manipulates prices, restricts access, and drains billions from patients and small pharmacies alike.
Three PBMs — CVS Caremark, Express Scripts, and OptumRx — now control nearly 80 percent of the prescription dr-g market. That’s not competition. That’s consolidation, and it gives them unchecked power to dictate what dr-gs Americans can take and how much we pay for them.
Here’s how the scheme works: PBMs negotiate secret rebates with dr-g manufacturers in exchange for preferred placement on insurance formularies. The larger the rebate, the more likely a dr-g will be covered — even if a cheaper or more effective alternative exists. But those rebates don’t go to patients. Instead, PBMs and insurers often pocket the difference, leaving patients at the pharmacy counter paying inflated copays or list prices.
Independent pharmacies suffer too. PBMs reimburse them below cost, while steering patients to their own mail-order or corporate-owned pharmacies. Many small-town pharmacies — often the only healthcare access point for miles — have closed under this pressure.
It’s legalized extortion wrapped in healthcare jargon.
The result? A system where everyone but the patient profits. Dr-gmakers inflate prices to fund rebates. PBMs boast about “savings” that never reach consumers. Insurers look the other way because they share in the cut. And the average American pays more for prescription dr-gs than anyone else on Earth.
The good news is that lawmakers are finally paying attention. Bipartisan bills in Congress and state legislatures aim to require transparency, ban spread pricing, and force rebates to flow directly to patients. But reform will fail unless regulators confront the core problem: PBMs have become too big, too secretive, and too conflicted to serve the public good.
The United States cannot claim to have a free market in healthcare when three corporations act as gatekeepers to every pill that reaches a patient. We broke up oil trusts and telecom monopolies before. It’s time to do the same for the PBM cartel.
Because healthcare should serve people, not middlemen.
Leaders have started meetings this week to address cutting resources, mostly onshore, before eoy to meet 2026 budget and mgcc staffing commitments.
On a similar topic, there continues to be odd conversations about consolidating into a single Cary building which would only be accomplished by more cuts and offshoring.
The future doesn’t look very good for those stateside.
Analog Devices + Maxim Merger (Closed: August 2021)
✅ Total Layoffs: ~1,800 – 2,000 employees globally
This reduction came from both Analog Devices (ADI) and Maxim Integrated as part of the post-merger integration.
✅ Types of Jobs Impacted
These are always the first cuts in semiconductor mergers:
Human Resources (HR)
Finance
Sales administration
Procurement
Information Technology (IT)
Corporate functions that overlapped between ADI and Maxim
Maxim had:
PMIC (Power Management ICs)
Battery charger ICs
Serial interface products
Automotive ICs
Sensor products
ADI already had large, established groups in these same categories → redundant orgs and product teams.
After the merger, multiple smaller Maxim design centers were shut down, including:
Some Dallas groups
Selected Asia-based design teams
These were consolidated into ADI’s larger R&D hubs.
✅ Layoff Timeline
2020–2021:
Deal announcement
Planning for integration
Q4 2021:
ADI officially begins structuring the combined organization
First waves of integration layoffs
2022 (Peak Layoff Year):
Heaviest job cuts
Consolidation of overlapping business units
Closure of duplicated design sites
Corporate restructuring
2023:
Final “synergy cleanup” layoffs
Optimization of product lines
Rationalization of sites and teams
Total integration timeline: ~24 months
Are we really going to keep the woodlands office after divesting the anadarko?
Someone had leaked this year ahead of the Sept 30 transformation announcements.
Their info was good haha.
EMPS and Upstream to merge
It looks like the CSBBO closures are part of the bank’s location strategy, focusing on consolidating some sites while expanding others.
What stands out is that for the past three days they have been sending messages like this:
Overtime available today, November 2, 2025. Overtime is available for Everyday Banking English and Spanish Bankers for the rest of today and tomorrow. Please log in, and your leader will report your worked hours to Resource Planning for processing.
If sites are closing, why push overtime right now? It almost seems like they are trying to meet short term goals before more news comes out.
Has anyone else heard which sites are next?
Any truth in this? I've heard multiple rumors that PNC is buying us. We are cutting expenses big time for a couple years now at anything middle market or under level. Something is in works but I am unsure if these rumors have any validity to them. Weird times we live in.
I'm not sure how it works here, but my old company usually had two major layoffs per year, and it'd all be done by November. Can somebody please tell me how it works here? I've been here for six months, so I'm still trying to figure stuff out. Thanks in advance.
Are there any updates on what functions/groups/teams will be hit the hardest in Alaska? Who should be packing up?