#jobsecurity

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This is just the start

I don't mean to be an alarmist, but I think it's clear we're entering a period where layoffs are used to fix leadership insufficiencies. I guarantee you these will become a regular occurrence from now on. I truly hope I'm wrong, but my old company had a similar situation, and within six months from the first layoff I was out of a job as well.


The great job shift, short term wins with long term consequences

With jobs moving to Mexico and India at lightning speed, I'm sure companies like PepsiCo have a solid plan to ensure US consumers can still afford their products. I mean, who needs a thriving middle class, right? Guess we'll just have to rely on robots and AI to buy all the stuff. Every year there is more hiring and pushing of jobs to Hydarabad. I heard from a colleague that in the S&T townhall, the VP Strat was gloating on how finance function moved all roles to Hydarabad (tongue in cheek laying off US workers).

Seriously though, how do they plan to sustain growth without a strong US customer base and more importantly money in their pockets? Do companies like PepsiCo have a Plan B to deal with the impending doom of a cash-strapped US consumer? Do they just assume people will magically keep buying their stuff despite having no income?


Why you need H1b any more for an Infra company?

Oracle has declared itself as infra company. I see large number of people are just copy pasting from llm’s. Do we still need this special talents for copy pasting from llm’s ? Rather save local job market.
I don’t blame h1b candidates but the job market has shifted and there is no special need for you anymore. We locals have to survive and not in the cost of paying less for you and your management playing politics.


Should I aspire to finish my 10 year career at PepsiCo?

When I started here, most of my mentors told me this was a great place—pensions, growth potential, the works. Now, everyone who's still left is straight-up telling me to GTFO. The plan seems to be constant reductions. What used to happen every few years is now hitting 2-3 times every 12-18 months."

Oof, that sounds like a classic case of the ship slowly sinking while the band plays on. If the veterans are all yelling "run," it's probably time to listen. Update that resume quietly!


Sell out

Here I'm watching coworkers-folks who've shared laughs, powered through the toughest shifts, and had each other's backs-getting shown the door in these layoffs. But here it is, an ex- Kearl supervisor out here hawking job postings overseas, begging his "connections" abroad to apply. What a total sell-out! Dumping dedicated Canadians for cheaper foreign hires? This is betrayal at its finest.


Question, IF Robin completely destroys BNY…..

If Robin and his fellow board of ejector directors ruin BNY and run it into the ground, are pensions guaranteed and safe to those who were lucky enough to earn them? What about any medical benefits, 401K or money we paid into? Obviously BNY stock could bottom out but I would think pensions and benefits earned should be safe under the law?

Beginning to think it’s not a question if Robin could do this, but, when?


Next year budgets = more layoffs

Getting less money in your budget next year? Should be no surprise, but expect more or less in the development world because of it. It’s a simple formula that the budget pays for salaries and if you have less money than you will have less employees eventually. Get the résumé out now!


Huge clients have left, offshoring to India rampant

  • Some really big and jaw-dropping clients have now left BNY. The end is imminent (unless there is a merger, but even that is a short-term fix that will still be bad for employees).
  • Offshoring to India is rampant and widespread. The goal is to make BNY America a satellite for BNY India: much cheaper cost of living and labor. Any and all mistakes they make are mitigated by the profit margin and low-risk overall point of view.

Volunteers

I just wish they would let people volunteer to be let go with severance. I’ve been at TMO (Lvl 7 in a headquarters role) for 10 years. There are very limited opportunities to change roles and even fewer opportunities for advancement. At this point, I’m ready to cut my losses and try something different as I don’t want to be miserable the rest of my working life or worse, be let go when I’m older when the chances of retooling or finding something else will be more challenging. At this point, regardless if I’m an active employee or not, my attention will be spent finding alternative options.


How’s that reorg working for ya?

Do we feel like we finally have the swim lanes straightened out? Is this model going to get us to the top? Or is it a s-show slapped together with all of us plebs suffering through the chaos? The execs know, but it is acceptable from their perspective. We are expendable anyway.
Cutting jobs to the top of the food chain! That will beat xom!


Job openings

It is very frustrating to see job postings with the same title that were laid off in October. Why would I apply for this role, will it be offshored soon too? Thinking I will just take my severance and move on. I don’t want to get a new position in Cargill only to go through this again….


Approached to come back?

Hey everyone. Ex-FR here from a PM Market, laid off beginning of the summer. just got the strangest text. My old boss has reached out to me and said that there is an open FR position. I’m curious if others have been approached due to people jumping ship or if because SMP didn’t go well and they need more hands on deck? Don’t think they can offer me enough that would bring me back after I’ve tasted freedom along with kicking me to the curb after 9 years out of nowhere.


What’s the latest?

A lot seems to be happening, but there’s still no clear picture of how bad it’s going to get or who’s most at risk. HP feels completely directionless, and while I wouldn’t mind leaving or even being let go, the job market, especially for us, is awful right now. So yeah, I’m worried. The money has to come from somewhere.


UBS may cut further 10,000 jobs by 2027

UBS has been cutting jobs as a result of the integration of former rival Credit Suisse, which it bought in 2023.

A reduction of 10,000 jobs would equate to a 9% cut in total jobs for the Swiss bank, which had around 110,000 employees at the end of 2024.

https://www.reuters.com/business/world-at-work/ubs-may-cut-further-10000-jobs-by-2027-sonntagsblick-reports-2025-12-07/


Is San Luis Obispo County ready for the potential AI-driven job losses?

AI now affects one in four jobs worldwide and could trigger the largest workforce displacement in modern history. An estimated 30–50% of office jobs may be replaced or heavily reshaped within five years. Are we prepared? Are our leaders prepared? Do we have a plan to retrain workers for the new labor market?

https://www.sanluisobispo.com/opinion/readers-opinion/article313429763.html


Been laid off twice since January

First was after five years, and the second was under six months. I've only been here a little over three months, but my fear of layoffs is so strong it's turned into anxiety. I wouldn't have accepted this job knowing how often layoffs happen here if I hadn't been desperate in the current job market. I just feel so defeated by it all.


How can this happen?

Someone I know discovered they were out only because their credentials stopped working mid-morning. No conversation, no thank you, not even a quick call. I never heard of something like this happening before. He has no reason to lie to me, though. This has me more worried than ever.


Leave and free yourself

No dedicated employee deserves to have their job threatened on a consistent basis for a year or longer. Leave them, they have no loyalty to you. There are better jobs. I went back to an old employer and I'm so happy again. I was miserable worrying over job security. Start looking at other companies and jump ship. Your mental and physical health will benefit. They don't care about you anymore and we all know they don't care about the customers. They are just focused on lining their pockets. Best of luck to you. You are worthy of an employer who values you.


The job I was laid off from is now being hired for?!?!

I was part of the layoff in October, and I noticed today my position along with a couple others laid off on my team have been posted on Target’s career page. They made some slight adjustments but it is almost exactly the job I was laid off from. Has anyone else seen this or have any advice? It’s a little hurtful to be backfilled less than 2 months after being laid off…