#layoff

Recent layoffs have impacted the workforce, yet Oregon forecasts steady economic growth and a 6% increase in jobs over the next decade.

It’s not bad, but it’s nothing special either. Still, after months of searching for alternatives, it feels like a win. And I really, really need to leave Dell behind. This past year has been something I wouldn’t wish on my worst enemy. Fingers crossed it works out. I’ll be keeping them crossed for all of you as well. May we all eventually liberate ourselves from the twisted parallel universe Dell has fallen into.

2025 was bad for SGL campus. What are y’alls prediction for 2026 Q1?

The 2024 layoff was an absolute cluster. The company basically lost an entire year due to one of the most inept corporate executions I've ever seen. Everything was at a standstill between December 2023, when JD made the layoff announcement, and September 2024, when EH came on board. Now think about a company of this size being at a standstill for a year... there was no way this was going to be a quick turnaround, regardless of what anyone said. Even if the layoffs made sense, their poor execution negated any impact it was supposed to have.

For the last 29 days, I’ve known I was leaving, but it never really felt like real life until now. I think subconsciously I was thinking, “This can’t be real,” or, “I’m going to wake up any minute now.” But no matter how many times I pinch myself, I keep coming to the same conclusion.

It’s over.

No long goodbyes. No tears. No calls. No texts. No Slacks.

Just silence.

It’s been one he-l of a run. I’d be lying if I said a part of me won’t miss it, but I’ve got to move on.

Here’s to bigger and brighter things.

So long.

Farewell.

Heard layoff in Bangalore which happened in NOV was targeted NS and particular org???? Same people under the org in US also were impacted.. but severance was decent itseems.. any idea if it's true????

FuelCell Energy Sees Revenue Increase, Cuts Staff

FuelCell Energy announced increased revenue for its fourth quarter. Quarterly revenue rose 12% to $55 million. The company also disclosed significant workforce reductions. The workforce was cut by approximately 28%, totaling 424 employees. These measures aim to reduce costs and focus on core technology. Loc: Danbury, Connecticut

https://hartfordbusiness.com/article/fuelcell-energy-posts-4q-revenue-growth-details-restructuring-and-layoffs-in-annual-report/

Does that ever happen at this company since the leaders have no qualms about it? Or do we have to wait till January to kick off fresh 2026 waves to hit the target?

Red Lobster is laying off less than 200 restaurant-level employees in an effort to streamline operations and set it up for long-term growth.

The “targeted” cuts represent less than 1% of its workforce, the company said in a statement to Restaurant Business.

https://www.restaurantbusinessonline.com/workforce/red-lobster-lays-about-200-restaurant-employees

This is about the time LPL announces their annual holiday round of layoffs…

I got laid off and was wondering if I will have to pay the full amount after the 60 days.

I signed the documents and got confirmation, but haven't heard anything since.

I just got of a call with someone who used to be a financial advisor with Jones. She is now at Principal and referred me to another advisor with Principal, who also left Jones.

She said they got the heck out of there (EJ) and mentioned the culture is totally different (much better).

She also mentioned how much more successful they have been since leaving.

Maybe there is hope and a fresh start for us that have been laid off!

I know I saw it posted on here before can someone remind me what the password is? Is it your last name + birthdate?

I think you get your full bonus. I hear also severance is only 2 weeks/year of employment? What all makes up the package?

I'm told I will get an offer next week. It will be at MD level, in audit. Would I regret it? I have a pretty good setup where I am. Pay would jump a good bit but I would lose my comfort and I don't want to come over if the place is in constant layoff fear. I know how that poisons the culture from a past employer.

After laying off over 2000 employees in 2025, we were notified in an all hands meeting near the end of November that they were done with cuts "for the rest of the year." During an IT All Hands meeting in December, Brian announced that we should expect a 25-40% reduction in staff due to AI implementation (which they strongly pushed on everyone).

A colleague was just let go, one week before Christmas. We fall under the Enterprise Onboarding Platform. My team is already short staffed and will now be spread even thinner. SHAME ON YOU, BRAD OCKENE, DANA PARKS, AND ALL MANAGEMENT UNDER THEM WHO WERE COMPLIANT WITH THIS DECISION. Absolutely heartless.

Will there be more RIFs ?

Compensation and reward always appears as a negative in your voice feedback. Is there a plan to address this ?

Responses, erm we have a new employee development project.

i actually heard this rumor! GRINCH!

1 or 2 Managerial staff laid off recently on gaming side.

This sounds a lot like a Verizon cutbacks which are contributing to this current trend. November and December cuts will likely be no better.

Job cuts surge in worst October layoffs in 22 years.

Nov. 10, 2025, 12:47 p.m. ET

Propelled by cost cutting and the growing adoption of artificial intelligence, employers slashed more than 150,000 jobs in October, the largest wave of layoffs in more than 20 years, a report from Challenger, Gray & Christmas said Thursday, Nov. 6.

Seeking to cut costs, technology companies shed the most jobs, followed by the retail and services sectors, the outplacement firm found. Amazon, UPS, Microsoft and other firms have recently announced layoffs.

In what could be another sign of a softening labor market, October layoffs jumped 175% from a year ago to 153,074, the highest level since 2003, Challenger, Gray & Christmas said.

"Some industries are correcting after the hiring bo-m of the pandemic, but this comes as AI adoption, softening consumer and corporate spending, and rising costs drive belt-tightening and hiring freezes," Andy Challenger, chief revenue officer for Challenger, Gray & Christmas, said in a statement. "Those laid off now are finding it harder to quickly secure new roles, which could further loosen the labor market."

Job cuts so far this year have soared to more than 1 million, a 65% increase from last year at this time, driven by what Challenger, Gray & Christmas called the "DOGE Impact" – mass reductions to the federal workforce and government contractors as well as the loss of federal funding to private and nonprofit entities.

Year-to-date layoffs have reached their highest level since 2020, when there were more than 2 million job cuts through October. This has been the worst year for announced layoffs since 2009, Challenger, Gray & Christmas said.

Challenger, Gray & Christmas said it was surprising to see such a large wave of cutbacks in the fourth quarter, when firms typically shy away from announcing layoffs.

What’s more, more companies announced job cuts in October, Challenger, Gray & Christmas said. The outplacement firm tracked 450 plans to cut jobs, up from less than 400 in September. That tops March, which saw the largest number of job cut announcements at about 350.

"At a time when job creation is at its lowest point in years, the optics of announcing layoffs in the fourth quarter are particularly unfavorable," Andy Challenger said.

With official data gathering suspended during the government shutdown, investors are paying close attention to data from private sources like Challenger, Gray & Christmas to understand what is happening in the labor market.

Federal Reserve officials have expressed concern about the job market and the central bank has lowered its benchmark interest rate twice since September. The move brought the Fed’s benchmark interest rate down to a range of 3.75% to 4%. Some economists think another cut could come at the Fed’s December meeting, though Federal Reserve Chair Jerome Powell has said a third straight reduction is not guaranteed.

Labor market watchers downplayed the Challenger, Gray & Christmas report, saying the firm has historically been a "poor predictor of future labor market conditions."

"But against the backdrop of a low-hire labor market this bout of corporate job-cutting does represent a bigger labor risk then the 2022 tech layoffs, when these workers were quickly scooped up by other industries," Vanguard said in a statement. "However, we ultimately expect that persistent labor supply constraints over the next three years will help offset the unemployment impact of cyclical and technological pressures."

https://www.usatoday.com/story/money/2025/11/06/october-job-cuts-surge-worst-layoffs/87127775007/

What's going on with these layoffs....will optum health services GL 22 agents get hit?

Was presented with a red folder and escorted off North Belt Campus this morning. I worked as an advisor in Technology for many years. Sadly, I knew this was coming. Projects for next year have been frozen. I've been battling to get approvals just to order a few $ worth of parts for the project. Pretty sure more people will disappear. I now understand some other post saying that Winter is coming. Thank you for the Xmas gift HAL! Best of luck to y'all.

I'm hearing that there will be a big layoffs coming around in early spring after EMEA Go-Live. Preparing the resume and being frugal. Very worried about future.

How are they even going to support all the cutover and stabilization issues?

Anyone know if they will layoff non RN MSW coordinators? They hired many bachelors level social workers and other specialities under old guidelines… merged the care coordinator and service coordinator role and said those non RN MSW were grandfathered in…. Now whispers of laying those off? Not sure with the so many transfers from other insurances to UHC and merging Medicare Medicaid how they could function…. But anything can happen!

I don’t believe they laid off that many people in corporate offices last week. There was no need for HR to send out that email in North America.

smaller layoffs no packages this time in jan apparently

More layoffs, or not? I assume the fact that a significant number of layoffs happened yesterday doesn’t really affect what happens on Thursday.

Intercept plans to cut 146 employees in three tranches starting Dec. 31, the company revealed in a filing to the state. Some of the cuts are set to take effect March 31 and others June 30, according to state records.

https://www.fiercepharma.com/pharma/intercept-heels-ocaliva-withdrawal-restructures-146-layoffs

Oracle defends infrastructure spending spree amid mounting AI demand

The company raised its fiscal year capital investments forecast by $15 billion as its cloud backlog surpassed $500 billion.

The company defended the $15 billion increase with assurances that the investments were tied to committed customer spend. “The vast majority of our capex investments are for revenue-generating equipment that is going into our data centers,” Principal Financial Officer Doug Kehring said. “We are confident that our customer backlog is at a healthy level and that we have the operational and financial strength to execute successfully.”

https://www.channeldive.com/news/oracle-capex-spike-cloud-ai-data-center/807716/

Please comment if you were affected with the RIF yesterday what market and department.

Who is naughty or nice? The layoff list is being checked twice. Hope you’re not on it and stuff!!! Layoffs coming in January!!! Say it ain’t so! And stuff.

Was part of the layoff and got the minimum 4 weeks severance. My final paycheck was today but it was a few hundred short than usual. With my understanding I thought 4 weeks severance meant 2 full pay periods.

Am I misunderstanding? This is how I had it in my notes:

Separation date is 11/12 and severance kicks in 11/13.

(I get early direct deposit 1 day early)

• Paycheck 11/5/25 - for pay period 10/20 - 11/2
• Paycheck 11/10/25 - for pay period 11/3 - 11/16, received this one early due final paycheck local regulations
• Paycheck 12/3/25 - for pay period 11/17 - 11/30, first 2 weeks of severance
• Paycheck 12/17/25 today - for pay period 12/1 - 12/14, last 2 weeks of severance

and jump on one of those little rafts way down below

My manager just kinda informed us in a soft way that the budget is tight and layoffs are probably pending. She says that I am a corporate employee but I am working under a states plan. When layoffs happen, do corporate employees get cut too or that particular plan.

Psych! I hope Penny has a holiday season full of heartache, despair, and anxiety. She has caused the same for thousands of people. She deserves the same. So many people laid off and at EJ hate her.

Rumors have it that very few people took the VSP. Do anyone knows if there might be layoffs coming in early 2026 with the low oil price environment? What are you hearing from your end?

Sorry to the massive amount of I&C and remote workers impacted. Folks at PB ... if it hasn't happened today it will be tomorrow.

I'm noticing contractors are not being renewed. Is this just a year end hiatus ? Or the bank focusing on FTEs?