#layoff

Posts mentioning hashtag #layoff

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laid off after 9 years

ibm canada laid me off in ottawa after 9 years, and just weeks later they labeled me a low performer... i got an email saying this, even though my last review was positive. i asked my manager in toronto why it happened, and he said his director in austin told him to do it, adding that he never thought i'd find out. ibm does this so they can backfill the role with someone else... pure evil!!!

i think the ceo and senior executives are slowly ki-ling ibm because revenue is not really growing. every year they lay off thousands in north america, europe, and canada, then move jobs to india to cut labor costs by 80%. they make revenue look fine each quarter, but it's a scam cheating the shareholders.


Paid for Silence At Altice USA

Laid off employees were compensated for signing a NDA disguised as a severance agreement. Former employees have to waive free speech, the ability to sue or join class action lawsuits, agree not to testify in lawsuits unless subpoena but notify them. They are restricted on where they can seek future employment (no competitors). There are stories of people being laid off less than 2 years from lifetime retirement benefits. Lay-offs camouflage the loss of earning as the company is plummeting because quality and qualified employees are replaced by cheaper overseas labor. Loyalty is expected but not given.


It's official: RTO mandates are driving workers to leave their jobs — and helping employers avoid layoffs

  • US employers are hiring fewer workers, and some are looking to get rid of existing ones.
  • Business leaders cited RTO mandates as one way they're able to reduce headcount without layoffs.
  • The acknowledgment confirms a piece of what some observers have long suspected about the RTO push.

https://www.businessinsider.com/rto-mandates-driving-workers-quit-helping-employers-avoid-layoffs-2025-9


I’m not guessing or worrying any longer

I’ve been putting all the energy and time I can into making sure I’ve got other options and some savings. I don’t expect things to get better, quite the opposite. More frequent, bigger layoffs are likely, because there’s no turning this ship around in this economy. It’ll get worse before it gets better, and who knows how far off that “better” really is. Save your energy, look out for yourself, and make sure you’ve at least got the basics to bridge the gap.


Gaming industry layoffs continue

Over the last three years, it is estimated that at least 30,000 people have lost their jobs in the gaming industry, with 4,400 of those cuts taking place in 2025 alone. Most recently, it was announced that Microsoft had made company-wide reductions affecting several of its gaming studios, including Rare, The Initiative, and King, with the cancellation of Perfect Dark's reboot eventually leading to layoffs at Crystal Dynamics.

https://hitmarker.net/news/over-50-of-layoffs-in-the-gaming-industry-have-taken-place-in-california-expert-says-1513194


The Cat's Out of the Bag

During a town hall El Jefe let the cat out of the bag – NCRV is making less money than it is spending so the reduction last week was necessary. He did say he was looking forward with excitement – most likely because he knows there are thousands more that can be cut if necessary!!

Something else that he said was important, he encouraged everyone to go to your doctor appointments and take care of your sick children.

It is what he did not say that is really important here – the fact that they are tracking the number of days in the office and amount of time that you are in the office – so he should have also added that since they are tracking everyone’s time - make sure you are in the office the required number of hours or you will be placed on the next CUT list…

Some friendly advice - to be careful you might want to take a sick day or vacation day when you have to take care of yourself and your family!!

Something else they don’t advertise – you can also take time off without pay. This is useful if you have run out of vacation or sick days and it is obviously not the most desired path but it may just help you keep your job….especially next year when the 5 days / week…8 hours per day requirement kicks in.

My advice is to take your vacation without pay and then save your vacation days for when life happens…I am being sarcastic of course..

To paraphrase El Jefe – if you don’t want to be here 5 days a week 8 hours per day then they don’t want you!! In my opinion that includes just about everyone..


MTech layoff/ NCR outsource

I found outlast week (5 years after outsource), that our outsource was planned for 6 months prior to our layoffs. I was a field Tech in the stores. All of the area Managers knew. They thought they were keeping their jobs! ( Big surprise, they were all let go). Several Analysts in the field knew, they were showing NCR around the stores, after hours when we were off.

The reason for this post, warning to the stores. Planned layoffs are being cemented now before Q3. Watch your back. Not that you can stop the process.....be prepared. Get your resume dusted off and updated. Pull any docs you need off of your personal drive now. Do not trust your supervisor to tell you the truth if you question your job security with the company. Trust noone! Good luck!


Boxes for equipment/donations/Wellsware showed up. How long now?

Large cardboard boxes and some carts showed up this week at the Barnhart Call Center location in Hillsboro, OR. They have signs posted over the boxes designating each for e-waste, company equipment, donations of personal items, Wellsware, etc. They are set up in multiple hallways. This leads me to some questions:

1 - How long do we have until our 60-days notice now that these boxes have shown up? In that past when we had a remodel or reorganization of seating plan they showed up over a month beforehand.

2 - What do I do with the 2 company provided monitors I have at home? I take public transit to get to the office most of the time and taking them with me to the office for turn-in would be nearly impossible. I have to walk over a mile from the station to the office and there's no way I'm carrying them that distance.

3 - Do I have to ship my laptop back? Is there a way I can hand it over in-office?

4 - Should I start bringing my personal items from my cubicle home now? Will they ship those to us? If I get 60 days non-working notice will I still have access to the building to retrieve them? In the past when they terminated someone, 2 people were assigned to box up the personal items and they were shipped to them.

Thank you all in advance for sharing your advice and experiences


Laid off and hardly make profit of 250k

I was let go, and hardly made profit of 250k, everyone I know made millions already from stock profit, wish I could invest more in stocks. All the best to everyone. Wish cod make million and can easily retired. But that's life, can't complain much. It was indeed best time of my life. Xoxo.


Dell being STUPID again...

Not only did they announce a near 2 million dollar facelift in Round Rock the day after a mass layoff. They have now announced a 25 million dollar EXPANSION to RR. And its their initiative to hire financially challenged people 35% of the staff base they say....WTH so we will get even more unqualified people than we already do....When did it become lets hire to get our name out there in a good light vs hiring the right person for the job. Leadership is a JOKE at Dell, we are going to do this because XYZ company is. Just because someone else is doing it, doesn't mean its right. They are returning to their previous roots when they were nothing but box pushers. Heaven forbid you actually do something that is beneficial to the customer. They try to use AI and fall flat on their faces repeatedly. To me hard to sell people on AI when you can't even use it successfully in house...Their AI engine comes via Nvidia, again no development on Dells part, just push the product out the door. Someone with some brain please buy Dell...!!


Recover personal data on laptop

Unfortunately I had some personal files on my laptop that are now lost as my system got switched off right away. I had copied over to a drive but since it was connected to the laptop when it shut down, the drive got encrypted as well.
Anyone knows if Oracle will be kind enough to give me a chance to recover my data? This su-ks more than being laid off honestly.


Before you move remember

Before you move to a new assignment in Midland remember that if the company fired you there they will not pay to love you to Houston. Nothing better than being fired in the middle of a downturn in west Texas! Your home value will plummet the same time you and everyone is fired. Do not do it bruh! Stay away from Midland at all costs.


Verizon’s Workforce Swap: Smart Business or Long-Term Risk?

When companies talk about “transformation,” it usually sounds like innovation, growth, and opportunity. At Verizon, though, transformation has quietly turned into something else — a reshuffling of its workforce.

Over the past decade, Verizon’s headcount has dropped from about 135,000 employees in 2016 to just over 100,000 today. The cuts have come through layoffs, buyouts, and big outsourcing deals, like handing off IT operations to IBM or tech support to Infosys.

The people leaving aren’t random. It’s mostly long-tenured employees — the ones with higher salaries, pensions, and strong benefits. When they walk out, so does decades of knowledge and experience that helped keep the company running.

At the same time, Verizon is still hiring. New roles are opening in software, data science, and AI. Public filings show some of these jobs paying between $140,000 and $220,000. Younger engineers are coming in closer to $100,000 to $130,000. That’s good money, but it’s still far less than what many veterans were earning before being bought out.

The result is clear: Verizon isn’t just cutting jobs, it’s swapping its workforce. Higher-paid veterans are leaving, while newer, cheaper, or visa-sponsored hires step in. To Wall Street, this is packaged as “AI transformation” and “efficiency.” Inside the company, it looks a lot more like cost-cutting.

So is Verizon right to do this? On paper, the math makes sense. Lower costs protect the dividend, and pointing to new AI hires pleases investors. But on the human side, the risk is real. You can’t replace years of experience overnight. And if service quality slips or morale keeps falling, those costs will show up later.


BACK TO WASHING EGGS - THAT'S THE HARDEST JOB IN THE WORLD - THANKS GRAND-FATHER LARRY

28+ years of hard-work, dedication, respect for management , keeping Larry in prayers gone down with less than 2 minutes of a call with unknown je-k. Voila network disconnected in < 5 minutes. Was part of R&D. Wall Street reporters should makes noise on what's going on with the company Anyone here ! Mr. L has to support his 5/6 bride (Elephant is out of hat & you did not hear from me) !!


Sep03 layoff totals

Sep03 total layoffs estimate for the past 24h: 408.

North America contributed less than half and layoffs there trickled down and stop first half of the day. However, other locations picked up in IDC and Pacific timezones.

Totals since Sep02: 3838

Methodology: #general Slack channel participants tracking.


rto = quiet layoff

the return to office push is a quiet layoff.
during covid many companies massively overhired. now instead of cutting loose the talent, they’re quietly pressuring people back into offices under the guise of restoring culture.

here’s the real kicker. 73% of companies will require employees to be back in the office three or more days a week by the end of 2025. that’s nearly three quarters of businesses turning attendance into a subtle form of downsizing with no official layoffs... voila!

meanwhile employees are reminded that remote, which by the way consistently drives up retention and productivity, is on its way out. companies are reclaiming control of bodies, not necessarily delivering value… it’s a strategic squeeze, not a refocus. this isn’t about boosting performance instead it’s about trimming staff without triggering an hr mess.

and if you’re hearing more chatter about oh we want we’re an in office culture, then talking about your compensation, that my friend could be your warning. so if the execs insists you’re back 5 days a week or they’re dangling incentives for facetime, pause and ask urself: is this a culture reboot or just a quiet exit strategy.

Just look through the haze and fu-k them…