#costsavings

The automatic rank everyone lower…
The place people on PIPs…..
The lack luster severance…..

Its all done to run off people to avoid any severance payouts AND it’s all designed to recoup money.

1.2 billion $ Russia mistake…the AI promise of cost savings….all black eyes and recouping money any way they can is the make up to cover it up.

So, use this as motivational fuel for later. The job market will get better. Trust me, there are jobs out there that pay more money than Citi, even more so since Citi is not giving up any $ for bonus’s or raises. Citi would have you believe that you’ve got a better deal “here” but at best Citi is average on pay and perks. This…all of this….that Citi is doing is a well rounded snapshot of what Citi thinks of you and your worth.

Take the hint and when things turn around, start seeking jobs outside of Citi even look beyond the financial sector. Use all of what Citi is doing to sharpen your focus on leaving. Use it as motivational fuel to leave once you find something comparable. As far as the return to office jargon…..you might as well work somewhere else for more money and go in the office there instead of here for less $.

Let's say every worker averages 100k. So each personal day is ~$400 on average and each worker uses 2 personal days during Christmas because they dont carry over. Let's also exclude NJ workers from the equation who get 90 days notice.

Since they don't pay out personal days it saves up to ~5-10 million by getting rid of Workers before Christmas week. As opposed to being off books on 12/31.

So how many value people are left? Now that corp stores are moving indirect, why not move 100% indirect? Save $$$

How much money (and time) has CDW wasted on consultants? Between Deloitte, Bain, and others we have spent millions on companies that don't give us answers, they just get paid to tell us we are doing it wrong (and then leave it to our own people to try to figure out how to fix it). We also have hired on way too many former consultants too who clearly don't know how to lead. If we had just invested the money wasted on consultants internally on our people we would be performing better.

Whatever brilliant leader thought the best strategy was to pay a ton of money to consultants to come in, should be fired immediately.

Thoughts on this shocking move? If saving money is the long game, then make the move now! Sell the assets. Cancel the contracts. Exit these high tax states. Don’t offer relocation. Eliminate 50% of corporate staff at HQ. If you don’t face a customer or directly interact with those that do, then time to let go. Get rid of the Pelaton marketing crew and turn out the revenue.

This is not a rumor. Just throwing this out there.

What’s the opinion on this words from MD?

“ Over the past two years, we have built one of the most efficient, data-driven cloud environments in our history, cutting costs, boosting performance, and shrinking our carbon footprint at the same time.
Through smarter architecture, tighter governance, and cross-functional discipline, we've saved double digit millions and improved computing performance all while reinvesting those savings into new digital experiences that elevate how we serve athletes around the world. 🚀
This transformation isn't just about cost, it's about capability. It's about unlocking faster performance, smarter scaling, and stronger resilience. It's about building smarter, recovering faster and managing better through tagging, infrastructure-as-code, and managed platforms. Savings is one of the many outputs.”

So folks can retire earlier without taking such a reduction. Please make it years of service plus age = a magic number for full retirement pay. This would be the best way to get those higher salaries off the books.

TII offshoring + rework, also time zones & duplication keep coming up as cost‑savings on paper. But in real life all of this creates waste in practice... The board is salivating as they are looking at cost savings projectiosn but they are clueless about what's actually happening - that sh-t is eating the company from inside. No self-respecting company in charge of it's own destiny does this - all outsourced cos are just junk

If this company is truly serious about cutting costs and improving performance, the most effective step is to end the five-day RTO mandate.

AT&T spends enormous amounts each year maintaining office space through real estate, utilities, maintenance, security, cleaning, and on-site operations. Industry data shows these costs average between $12,000 and $14,000 per employee annually. With roughly 150,000 U.S. employees, that means more than $2 billion every year just to keep offices running. If even half the workforce transitioned to hybrid or remote work, the company could save around $1 billion in overhead. Combine that with reduced turnover, since flexible work increases retention and engagement, and total potential savings easily reach $3 billion or more per year.

Some might argue that attrition is part of the point of RTO — that losing employees is a form of cost savings. That could not be further from the truth. The type of attrition RTO creates is indiscriminate. It pushes out talented employees, under-30 professionals, and people with critical institutional knowledge. The financial and operational cost of losing these employees far exceeds any “savings” from headcount reduction. Replacement costs, lost productivity, mistakes, and disrupted client relationships all add up, often surpassing the money “saved” by forcing people out.

The future of work is clear. Surveys from Gallup, McKinsey, and Pew Research consistently show that over 70 percent of workers prefer hybrid or fully remote work, and they are more productive and engaged when given flexibility. Companies that embrace this trend retain top talent, improve morale, and increase performance. Companies that ignore it face higher attrition, disengaged teams, and rising costs.

Ending mandatory RTO is not just the right move culturally, it is the smartest financial decision the company can make. It saves billions, retains talent, boosts productivity, and aligns AT&T with the reality of the modern workforce. The evidence is clear. The policy is failing, and the time to change is now.

Costs went down, but so did quality. Now we spend twice as long fixing mistakes that never used to happen. Figure that.

A lot of medtronic sites doing cost saving but VP level still can have business trip with just to have meeting on site, why can’t do online meeting which can have cost saving

So in the spirit of this website that focus on company layoffs I wanted to run what I done to my fellow loyal, dedicated, hardworking L3Harriss co-workers.

I'll try an be brief an get to the point. After attending multiple sessions of L3Harriss A.I. event week a light bulb instantly went off in my head. I said umm since I have extensive continuous improvement experience why don't I submitt this great cost savings ideal via L3Harris e3 program. So I did just that. What did I do you ask? Well I basically submitted a cost savings project where I projected the company can save easily 25 million or more a year and not skip a beat. Basically I submitted a cost savings project that replaces from the CEO of L3Harris all the way down to lower and middle level mangers. This also include all of H.R. department, EHS, Finance, and especially the absolute most worthless position ever created the dam program management department. I said in a few sentences that after attending the A.I. event and some of my own personal use of A.I. software well this technology is now ready to replace all of the forementioned positions/management/departments! They are all manily indirect charging and absolutely bring no tangible value into design, engineer, manufacturing and or testing of hardware/products. Therefore all of these positions can be replaced with? YOU GUESSED RIGHT A.I. BABY!
Now if you still reading let me explain. Without exposing to much about me I am an experienced degreed engineer with multiple years under my belt. I have set up private machine shops with different types of cnc machines and other supporting processing type equipment to be fully automated where only one experienced person can operate everything remote with very minimal human interaction. No HR, management, program management etc is on site or is even needed. Now yes these are smaller facilities and more dealing with high volume production components but this can apply to other manufacturing scenarios to a certain degree.

So to end my rant the point I am making is us real workers who brings true value to the company should say hey upper management please explain to us what justification can you provide to justify your salary because A.I. can easily do your job for the cost of a software engineer who can create an A.I. agent that can literally replace you. If this was a good ideal or stupid comment below as I value your opinion.

A year ago, Dell Technologies made a big, bold move: it slashed nearly half of its executive leadership, claiming there were simply too many cooks in the kitchen. Cost savings were touted, “streamlining” was the buzzword, and the company pitched the decision as a smarter, leaner way forward. To top it off, product marketing (FPM) was folded under marketing. The logic? Keep all things “marketing” under one roof. Simple, clean, efficient.

Fast forward just twelve months… and things look a little less logical.

Dell has now re-hired a former exec—someone who had been let go years back—this time with a hefty paycheck. Not only that, the very same FPM org that was tucked neatly under marketing has been yanked out again and repositioned under this new hire. The shiny new label? RevOps.

Is that per year or over several years?

Because if the target is saving 2B from laying off, the math doesn’t seem to jive. Lets say avg employees salary+benefits etc is $300k/yr/person, which is a reasonably high est for avg, laying off 3k will only amount to 0.9B. How could they target to save 2B and said estimated 2-3k employees?

Q3 was not good, heads will roll. Add in Champion X and the other new purchase. The need more cost savings to keep free cash high.

Did you know… HCSC recently purchased a new private jet?

Surely that will help keep administrative costs down.

We are going to see something crazy really soon. People will cut lines as they lose revenue and get laidyed off. The is going to mean one thing an one thing alone. PHONE PLANES MUST GO DOWN.....PHONE PLANES MUST GO DOWN. We can't afford india anymore. the poeople in the USA won't pay. they will cut costs. they are going to do the best and most wise thing. cut costs. First is the car...2nd is the phone. lovely world coming