#headcountreduction

The next wave will start soon.

How many were laid off in the end? 12 k with another 18k to go or have all 30k been notified already?

Curious where it's at...

rumor is a potential 25% reduction in headcount at legacy BD/ADx. does anyone have any details?

After 20+ years at Oracle, no one is exempt from cuts. Realistically, they’re doing many a favor. The company is bloated at 160K employees—I’ve long said it could shed 50K with zero impact. Next should be VPs, directors, accountants, and especially lawyers. I applaud the move, but it could have gone much deeper.

While this doesn't tell us the exact number, we saw 775 jobs cut in supply centers, so the figure will probably be less than that, especially since tech cuts turn around higher cost reduction per head than distribution centers.

Starting tomorrow at 8:00 AM ET, I will be executing a significant organizational restructuring involving a 20% headcount reduction across our team of 400. Following directives to stack-rank based on organizational impact, I am responsible for conducting the separation calls for approximately 80 personnel, many of whom are close peers and long-time collaborators. This transition comes at a critical juncture, as my org is currently managing a large volume of high-vis projects while operating at maximum capacity. Ugh. Such is life. I fought with myself long and hard before coming here to post this but felt the need to further validate what’s going down. :( good luck to all you brave souls, I wish you all nothing but the best

thats about 10-15% of total workforce in canada that was huge !

Until now canada is done , mexico is done ( at least for this round )

Combined about 1.5k+ layoffs

If the 20-30k number is correct IDC and US will be HUGE

How many are you expecting? Maybe they will run this on multiple months and more are to come to mexico and canada again

I've been watching the number closely, and it had been going up, but as of Saturday 3/28, 6:40 AM - down to 165,527. Around 1600 people less than the last time I looked.

Buckle up - maybe Tuesday the 31st is really the day.

Hearing confirmed from senior leadership that layoffs will be impacting the Database org over the coming weeks, ~2,900 roles in total.
It looks like this will roll out in phases, starting with US and then extending to EMEA.
From what's being speculated, areas most impacted include redundant roles (code fixing and ai replaceable tasks), parts of platform, as well as functions tied to performance and time-based metrics.

Do we have a ballpark figure?

Scrutinize, double scrutinize and triple scrutinize each and every engineer, especially the dead wood at Grade 10 and above. Most of them are needless overheads and only serve to drag the company down.

This is the ERA of AI assisted development. Leverage AI and eliminate DEAD WOOD.

From my LinkedIn feed:

I used Claude Code to create a new HDL and vibe coded a compiler in a couple of weeks of my spare time. (Yeah very little left after a busy day at work ;-) ) Now I am very certain say 80% likelyhood we won’t need half of design or verification engineers in max two years from now. I think we’re going back to a full stack frontend engineer model again. For a medium complexity accelerator chip, you need 1 architect, <10 AI native frontend engineers (doing design, verification, synthesis, timing,) 2 verification/emulation specialists for integration testing. I don’t know enough physical design to predict there.

The Algorand Foundation laid off 25% of its staff. This decision stems from the crypto market's decline and economic uncertainty. The organization stated it was an incredibly tough decision for them. It aims for a more sustainable alignment of resources with its priorities. The foundation remains focused on protocol development and ecosystem growth.

https://finance.yahoo.com/news/algorand-foundation-cuts-25-staff-210002272.html

Who can tell me what project North Star is? I've heard rumblings it will be massive headcount cuts in Houston. Anyone with details?

Do you think at this stage, given the scale of redundancies already undertaken, that we are relatively safe from the 'sweeping layoffs' being announced elsewhere? No mo--nic responses please.

The number is larger than we assumed, so it's going to take some time to figure things out and set everything up. This'll be another long wait.

A few days old news

https://www.retaildetail.eu/news/fashion/nike-pulls-the-plug-on-411-jobs-in-laakdal/

doubt LT or HR is reading posts from this site, but they probably should

regardless, maybe they'll stumble here and read this 4 sentence summary from the last 14 days of posts here.
yes, they should be getting a rolling 14 day feed to their inbox daily, but probably can't figure out how to do that, or if they even care, tbh

well, here it is anyway:

The Nike employee community is currently defined by a profound sense of anxiety and a breakdown in trust, as workers brace for rumored "March-April" layoffs.
Morale has plummeted due to a perceived lack of clear communication from leadership and a declining stock price that employees feel reflects mismanagement.
Many staffers report extreme burnout and a toxic environment, leading some to openly wish for voluntary severance packages just to escape the company.
Ultimately, the consensus reveals a workforce that feels undervalued and deeply pessimistic about Nike's future identity and stability.

Employees of Intel not in alignment with RTO will begin to be culled starting in April.

If they email it, who does it come from and how do they even know you read it?

The plans are in the final stages for a MASSIVE Layoff of all H1-Bs from TCS North America. This is due to huge pressure from the Trump Admin for any and all suppliers to the US government to eliminate ALL H1-Bs from payrolls if you want to be a supplier to ANY DERIVATIVE government agency, you need to eliminate all H1-Bs from your payrolls.
That means there will be an ELIMINATION of all H1-Bs from TCS USA payrolls.
Most H1-Bs should plan on moving back to India or wherever you were sponsored from as things are about to get very ugly.
This action is due to TCS aggressively eliminating US citizens and replacing them with cheap slave labor from India or wherever they were sponsored from.
Goodbye H1-Bs, you had a good ride but it’s over now.

Ship it all to ITC but…..

1. They don’t care about the brand.
2. They don’t care or know how to serve the athlete.
3. They’re not awake when their customer (the biz) is.
4. They work bare minimum and are not proactive.
5. Laying off long time Fte sec folks who gave their all but had horrible leadership and a lousy product and vendor to work with is cold. Accenture su-ks….
6. Sales and innovation su-ks so definitely cut, but creating jobs in ITC for folks who will not be held accountable for anything is a money su-k.

here is the break down
$1.6 billion restructuring programme,

Phase 1 (Done) ~10,000 layoffs , $961M - this was late 2025

Remaining
Phase 2 (Now March-May) $639M

if they layoff from low paying areas then yes 20k is still to go , if its higher paid areas
then number will be lower , will see

what do you think ?

Keep an eye out for a "Important Business Update" appointment scheduled in your calendar on a Monday or Wednesday Evening. If you see that, you will be RIF'd the following morning. Your computer is locked almost immediately after you are notified, so if you have stuff you want on it, disconnect it from WIFI so you can pull off any personal data. To figure out who else on your team is also impacted, try scheduling a meeting with your boss, and all your teammates that day with your calendar tool. That will give you an overlay of availability. Anyone else with 15 minute slots that overlap with your boss's calendar are getting RIF'd that day too. This will be Oracle's largest RIF yet, they are starving for cash and the easiest way to fix that is by reducing headcount - 8% reduction is likely.

Healthcaredice.com posted an article about Cigna’s recent announcement of cuts that affects worldwide employees…yeah right. Meanwhile, they’re actively hiring EMPLOYEES in India.

• Cigna plans to lay off roughly 2,000 employees, just under 3% of the company’s workforce, to cut costs by the end of February.

Speak with your Congressional Representative, I have. They will be looking at this. The number of jobs leaving America is egregious. What economic path will our children have?

https://www.healthcaredive.com/news/cigna-layoffs-2000-workers-worldwide/811844/

Media reports say 12K worldwide, but nothing specific for the US so far.

So here it is the Enron model for managing headcount - forced ranking with 12 different goals, most out of your control. BOTTOMLINE, just another way to reduce 10% each year. Interested what comments are:

Intel's next scheduled major job eliminations for 2026 are set to take effect on July 15, 2026. These cuts specifically impact manufacturing hubs, including four campuses in Oregon, where worker counts for this round jumped nearly fivefold to approximately 2,400 roles.
This 2026 wave is part of a broader initiative to slash an additional $1 billion in operating expenses throughout the year to reach a target global headcount of approximately 75,000 employees.

Not sure how many have heard of Project Converge, but it starts tomorrow. It is secretly tied to multiple initiatives in WAVE 2025 where we are marching towards significant staff reduction costs since Worldpay has merged into our organization. Drive of AI and Robotic Automation is extreme at this point. Will be a tough tough year. Good luck tomorrow.

Wells Fargo Workforce Transformation (2020–2026)
Since 2020, Wells Fargo has executed a dual-track workforce strategy: aggressively reducing its domestic footprint while scaling up high-end engineering hubs in India. Under CEO Charlie Scharf, the bank has shifted from a growth-at-all-costs model to one defined by AI-driven efficiency and "Global Capability Centers" (GCCs).

The Domestic vs. Global Shift
While the total global headcount has dropped by roughly 25%, the impact on the American workforce is significantly more severe due to simultaneous offshore expansion:

Global Headcount: Dropped from ~275,000 in 2020 to ~205,000 today (a loss of 70,000 total roles).

India Workforce: Tripled from ~12,000 to over 36,000 employees.

U.S. Workforce: Fell from ~258,000 to approximately 164,000.

Total U.S. Impact: A net loss of roughly 94,000 American jobs, representing a 36% reduction in the domestic workforce.

Key Strategic Drivers
The AI Efficiency Multiplier: Leadership confirmed in late 2025 that AI-native coding tools have increased developer productivity by 30–35%. This allows the bank to maintain its output while reducing domestic headcount through "natural attrition" and targeted layoffs.

India as an Engineering Hub: The bank has transitioned India from a "back-office support" region to its primary engineering center. The Tower 4 campus in Hyderabad (1.2M sq. ft.) now serves as the global heartbeat for software development and data science.

Domestic Consolidation: U.S. cuts have been driven by the closure of over 1,000 physical branches and the "flattening" of middle-management layers to reduce bureaucracy.

Financial Reallocation: In Q4 2025 alone, the bank spent $612 million on severance to facilitate the exit of roughly 5,600 workers, clearing the way for a leaner, more offshore-centric 2026.

Critical Sources
SEC Filings (10-K): Annual reporting of total headcount from 2020–2025.

Investor Conferences: CEO Charlie Scharf's commentary at the Goldman Sachs Financial Services Conference (Dec 2025).

Regional Reports: The New Indian Express and HR Katha regarding the expansion of the Hyderabad/Bengaluru hubs.

WARN Notices: Public filings in Iowa, North Carolina, and Arizona documenting formal layoff rounds in early 2026.

It's going to be a bloodbath. 10% in technology.

We just laid off 20% of the employees and now we’re hiring again in our team. The role they are hiring for can be fully done by ai… what gives

Only a day after Harley-Davidson's new CEO Artie Starrs relayed that he has a clear view of what needs to be done to rescue the legendary brand, there's a report that what the future holds are layoffs at the Motor Co.

https://www.rideapart.com/news/787052/harley-davidson-headcount-reductions-layoffs/

Used to be great place to work...could get away with so much skiving. Then if they wanted rid of you would bench you followed by Payoff...or just a payoff.

But there's another way to get you to go....give you lower performance rating than deserve. And they'll get away with it under new framework. Appeal? ...sure but not to an independent panel, to the same people who give you your score. Great system.

Spoke to my manager today and he told me 40% of people were given lower score than should have had simply for reason 'we want to reduce headcount'.

Things are broken, time to think about Plan B

What’s wrong with Cigna? Against the trend?
Cigna laid off 2000 employees while other health care organizations added 82k jobs!

130,000 jobs added in January !
The January numbers came in stronger than the 75,000 economists had expected. Health care accounted for nearly 82,000, or more than 60%, of last month's new jobs.

https://www.pbs.org/newshour/economy/130000-jobs-added-in-january-while-labor-revisions-cut-hundreds-of-thousands-last-year#:~:text=thousands%2Dlast%2Dyear-,130%2C000%20jobs%20added%20in%20January%20while%20labor%20revisions%20cut%20hundreds,jobs%20cuts%20and%20new%20laws

... to see what's coming next. Hopefully trimming fat in US will bring stable growth in Pune, Bangalore and Mumbai. That's ironic - American company cutting Americans first. FAFO!

Morning everyone! With the North East set to go live with new structure by end of February can anyone provide updates? Only couple weeks away, how is the transition going? Any head count reduction? How are the employees being treated? Severances offered?