It seems BNY is preparing for its next round of layoffs by trying to make people leave voluntarily (shock horror). I’ve been a people manager here for several years now and was told last week I will no longer be a people manager because I’m not senior enough (need to be Sr Dr or above), my staff are in a different location and there aren’t enough people in the team. Every time I hired I wasn’t able to hire in my location because it was ‘too expensive’, whilst at the same time new MDs and Sr Dr’s were being hired at ease. The team I’m in has reduced from 32 to 18 FTE over the last 18 months and we’ve not been allowed to replace anyone. This is a clear tactic by the company to get people at my level to leave by making us all utterly miserable, and if that fails they’ll just use it as an excuse to give a lower performance rating. They do something like this every time a layoff round is coming to get people to leave voluntarily and save them paying out. Got to hand it to them though, they really have created the most toxic and intolerable workplace that ever existed, so they are meeting their metrics in that regard and we all know how important metrics are at BNY.
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AI Workforce Displacement - The Reasons Why. It will continue into 2027 (at least).
The (Bottom Line) is that (No Matter What) Corporate (AI Workforce Displacement) is going to (Increase) into 2027 (at least) -
A (Perfect) recent example is Oracle who just (Prioritized) Ai spending over Employees by laying off 25,000 on W, 4/1/26.
Employees are (Always) considered a line-item (Expense) due to the (Cost) of salary, and benefits by a Corporation.
AI RPA (Robotic Process Automation), and other AI efficiencies contribute to the Corporate bottom line.
Per the LEI - Leading Economic Index, a Major Recession is enroute > 2027.
Oakland City University Signals Possible Employee Layoffs
Oakland City University anticipates a mass layoff. The university issued a WARN notice. Some employees received the notification. All university staff could be impacted. A local newspaper obtained the email.
Oakland City, Indiana
https://www.courierpress.com/story/news/local/2026/04/02/oakland-city-university-warns-employees-of-mass-layoff/89435291007/
People getting put on plan
Anyone else hear of others getting put on so called coaching plans? I was put on one last fall and somehow made it out. Others weren’t so fortunate. Hearing about some others here lately that have been put on them during Q3
The new list of principals and sr. principals in software is depressing
Having worked with every one of them, I'm genuinely happy I'm leaving intel in two weeks. This is a fu--ing embarrassment.
LMD
I'm hearing last mile delivery should have nothing to worry about because the remote Associates that didn't want to move to Arkansas were let go. Thoughts?
Radio Silence Since LP’s Video
Things feel eerily quiet.
Sorry EHO, you are next
https://www.indiatoday.in/amp/jobs/story/oracle-lays-off-12000-in-india-here-is-the-severance-package-employees-say-they-got-tchc-2890049-2026-04-01
Synopsys India (Bangalore office)
We are a team of 7 and 6 of us received an meeting invitation from HR individually for tomorrow morning. My manager is very confused about it too and colleagues at office strongly thinks it has to do with the lay offs. Its better to get severance and leave this place at this point. I'll update tomorrow about the outcome but it's 99% we are being eliminated.
Hour Media Acquires SagaCity Media, Layoffs Follow
Hour Media acquired SagaCity Media, a regional publishing group. The purchase price for SagaCity Media was $1.6 million. Layoff notices were sent to employees, including Portland Monthly staff. Net proceeds from the sale will go to First Fed due to SagaCity's $2.6 million debt. A court-appointed receiver oversaw the purchase agreement.
https://www.oregonlive.com/portland/2026/04/layoffs-hit-trend-setting-portland-magazine-as-regional-publishing-group-sold-for-16m.html
Just got the note today Memorial Hermann no longer in BCBS coverage.
Title says it all. All of my doctors are with memorial hermann so I guess I will have to find new ones. Life just keeps getting better and better at excon. So far this year I have spent 1600.00 for a heart scan, 700.00 for specialized blood work and 200.00 for an emergency room co pay plus 10% 600.00. My co worker spent 1200.00 for a colonoscopy. Another exxon employee was denied GLP 1 medication because their a1c was too low for diabetes. Funny thing is without the glp1 medication their a1c was over 7 but with gp1 it was below 6.5. You would think with stock price and money exxon has made they could afford to take care of the employees health care not. I guess indian btcs don't need health care and it is cheaper in india. A company that does not care about the health of its employees is a shameful place to work at. It is not just exxon health insurance is getting worse for everyone in the usa.
Beware exxon alight they are not here to help you. Lump sum horror story.
I was asked to leave last year piped out before retirement eligibility. So I got my retirement payout information from alight. You are eligible to get retirement after 50 years of age. I was told I had to wait 90 days to get my lump sum payout. I was given the deadline of Feb 26th to submit my notarized paperwork. I sent it off on Feb 3rd and waited for a check. The check was supposed to come in March. I waited for two weeks into march and nothing. I called alight and they said it was late by one day and expired. They said they would send another packet to me. When I got the packet the lump sum was not available. I called alight again and they said I canceled the retirement in December of 2025 on the website. Alight said they sent an email to my exxonmobil.com email. I told them I never received the email because I did not have access to my work email. I am now fighting them to get my lump sum payout because I want to be done with this horrible company. I did not cancel my retirement and don't know if they are just sc--wing me around so they can save money by paying me over 20 years. If they don't allow my lump sum I will sue them as the amount is several hundred thousand dollars.
Tone Deaf
One of the funniest things I’ve ever witnessed in corporate America happened last week. Our tone deaf executives stood in front of a room and shared a half a**ed set of things we should care about. Then instead of making their “I will” statements back to the work force they had employees “commit” to their ignorance by reading statements.
News flash: Read the surveys. Less than 20 percent of the company supports the leadership team. Rumor has it we are going back to the office because the biggest proponent of going back to office has a spouse he can’t stand 😆😆😆
The company is going through turmoil and more and more people will continue to leave, can’t blame them at all. Thank goodness I’m in the final round of interviews. Instead of making things better they are getting more erratic.
Folks who relocated to Dallas
How far is your commute? Did you put your kids in before and after care? How do you manage the schedule when both parents need to work and clock 8 hours? Any exceptions if kids have issues at school and you need to pick them up?
Layoffs - heart breaking stories
Well.. it is what it is. But it’s heart breaking to read the comments regarding laid off O employees and that they were cut from medical insurance and work after many years with just one cold e-mail. Employee that was planning serious surgery next month, a woman 30-week pregnant opened mailbox and suddenly her access was cut…. There are lots of stories where just
As I observe on Linkedin people really are getting ungry for this AI bullsh-ts published on Lnkdn, and are leaving the comments regarding yesterday and todays layoffs. People just got sick with that situation. It lacked basic human decency.
Eip bonus
Why has eip not been updated any for 2026? Is eip bonus going away?
T1-Reviews & Bonus?
Does anyone have a logical answer as to why my team has to have their T1 reviews sent in by 4/14 when T1 is still not completed and bonuses don't pay until June? I swear this place just like to d1-k up things to see how we respond.
FY27 - Open Forum
- how do we feel on the q4 all hands
- the first lady that spoke.. felt vague at strange on employee things to come?
- who is this lisa lady
- how are folks on legacy inmarsat side holding up?
I have no ethics but you do your ethics training
Do as i say not as i do. I will take your pay and with your money i will increase my salary by millions every year.
You deserve pay cuts every year for your hard work and delivering. This is all fair and ethical. I have different ethics to you, i deserve everything and you deserve 0.
A complete massacre at Ansys France
The layoff plan was finalised in France and it’s a massacre that targets mostly engineers and surprisingly not too many corporate functions. Even products that are supposedly in priority has not been spared and people with domain knowledge have been impacted. In my 18 years at Ansys, I have never come across such levels of insincerity and misdirection.
Managers are leaving
Several managers have been resigning at the EFK site over the past few weeks. What do they know that the rest of us don't know?
Landmark Michigan market
Since this market closed on 3/31 I was wondering if they found jobs for the NCM’s and SW’s?
Toxic work culture
I worked at Q for 10.5 years. I have complained to HR about harassment from a colleague (not a manager). Seems like they did not investigate this. Last month they fired me along with other 45 IT people. Is it a retaliation?
MF has literally cheated us of ESPP gains this time
Looks to be a well coordinated strategy to push earnings call to March 31. The drop in share prices is almost 15% now, wiping out any gains on ESPP.
This is as pathetic as it gets, no need to invest in ESPP going forward if this is how cheap this company is going to get to.
MF is literally MF.
Always Remember!
Always remember: All those executives and management people at State Farm did not get where they are at by having a strong work ethic. They got there by hurting, stepping on, and disregard for their workers. They do not believe in a strong work ethic and loyalty. The exact same is for their customer which is a direct violation of the company mission and vision statement. Everything is negotiable for them but not for you.
Layoffs not mentioned at all
Have the layoffs even been mentioned to those who were not affected ?
M6 and 7's Not Impacted. How?
Question for those with visibility into the Oracle layoffs:
Given the scale of the reductions, why does it appear that very few M5s were impacted and almost no M6s or M7s were affected? The distribution across levels seems disproportionate.
Is that perception accurate, and if so, what explains it?
Staples is a JOKE
I’ve never seen a company quite like Staples that LOVES to promote and retain toxic individuals. It seems a requirement now to be an AVP is to be a full blown narcissist. Glad we are bringing in 2026 by sending a message to the hardworking employees that not only are we going to pay you pennies but your leaders will be some of the rudest and hateful people we can find, cheers!
Down again about 1k since yesterday
again during the night another 1k dropped on slack , maybe its late accounts disabling , about 13k + since the last week .
Layoffs or cuts?
I just joined at a Randstad/Cella consultant just a week ago and was told yesterday that they will be cutting some of their staff. Is there any truth to this? I wasn't sure if this is normal or not but I just got here.
I prefer it this way
Say what you want, but I like that we got a heads-up about these cuts, even if it caused weeks (months) of stress. I got lucky and am still here, but if I had been affected, at least I would’ve been ready. If it had been a sudden announcement, I’m pretty sure that wouldn’t have been the case.
Novo Nordisk Reduces Bloomington Workforce by 400
Novo Nordisk announced a workforce reduction. Approximately 400 positions will be cut at its Bloomington site. These layoffs are scheduled for early May. The company stated it remains committed to the site. Local officials are working to support affected employees.
Bloomington, Indiana
https://fox59.com/news/indynews/400-jobs-cut-in-bloomington-amongst-novo-nordisk-layoffs/
Oracle Announces Severance for US Employees
Oracle offered a severance package to its laid-off US employees. The package includes four weeks of base salary. Employees also receive one additional week per year of employment. The maximum severance payout is capped at 26 weeks. Affected workers were notified via email early Tuesday morning.
https://www.businessinsider.com/oracle-offers-us-workers-up-to-26-weeks-severance-2026-3
Meta Cuts 168 Washington State Employees
Meta announced layoffs impacting 168 employees in Washington state. These reductions are part of a broader workforce cut across the U.S. The affected roles include engineering, product management, and recruiting positions. Many impacted jobs were within the Reality Labs division. The layoffs are scheduled to commence on May 8.
Seattle, Washington
https://www.geekwire.com/2026/latest-meta-layoffs-target-168-employees-in-washington-state/
One Year Away From Retirement
Well they got me yesterday. I was in the hospital January for a stroke, still recovering and one year away from retirement. The best they could muster was an email. I was the only person let go on my team and also the oldest at 66. The least they could’ve done was a face-to-face layoff but being the cowards they are they hid behind a computer somewhere. In all honesty, I hope they burn to the ground.
Financial Pressure for layoffs
SAP is under a lot of financial pressure and the only way to fix this is by mass layoffs. Basically, we are investing too much in stock buybacks, AI (data centers and development) and bonuses. The executive board wants to axe the last one and increased the first two. So the only solution is layoffs. Oracle fired 20000 people yesterday and SAP is supposed to follow suit to "remain at a competitive advantage". The new works council is already in negotiations regarding this. SAP wants 12000 layoffs worldwide of which 5000 will be in European hubs. But this is kept hush hush. I feel like speaking out because I am tired of these bull$hit games. The biggest problem here is middle management and executives who want more bonuses for themselves and want to use third party contractors instead of full-time employees. They are the ones pushing for the layoffs. So don't listen to your area executives when they say that times are rough. If SAP didn't insist on share buybacks or invest too much in AI that is not producing any results for customers, we would not have such a deficit. This narrative needs to be fixed. I am tired of our CEO, CFO, executives and middle management saying that employee salaries and bonuses are the third highest expense for SAP. That is a good thing and not a bad thing. Employees create and sell good software not AI. Some of the managers pushing for this already have salaries of more than €200000 per year and still want more. Say no to layoffs. Talk back to your manager if they want to give you a bad rating. If you have done the work, you should get good performance ratings. They want to use bad performance ratings to fire employees or pay them less.
Age discrimination?
It does seem like, on average, older more experienced people were laid off. Anyone else notice this? Our group is half gone, and it's ALL the older folks - I'm not talking really old, just over 40.