#layoff

Posts mentioning hashtag #layoff

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RTO/ lay off impact

I am being laid off as a direct result of the company’s return-to-office policy. I do not live near an office and relocating without financial support is not feasible. Despite being a top performer, there has been no acknowledgment, appreciation, or even basic empathy from leadership regarding the impact this decision has on me or several of my teammates. And to add icing to this cake, we will not be given severance and we will not be given our annual bonus.This “business decision“ impacts livelihoods- kids, tuitions, rent/ mortgage, etc! So who’s getting richer off of this? RV is.

For anyone considering joining the company, it’s important to understand that people are treated as numbers, valued only for what they contribute to the stock until they no longer fit the model.


Hypocrisy re: Avaya Gov Business while Eliminating US Jobs?

#Avaya took away our #jobs, moved them #offshore, then layed off several thousand US career employees, including our Veterans. I question Patrick Dennis on the obvious hipocrisy. US workers need protection from the corporate abuse of “ Employment at Will.”

Bravo. Well said. (See Comments)

https://www.linkedin.com/posts/patrickjdennis_today-is-veterans-day-while-we-activity-7394037394750017536-dG5N?utm_source=li_share&utm_content=feedcontent&utm_medium=g_mb_web&utm_campaign=copy


Looking for some info on layoffs

I am only a few months into my time here, and it is already sinking in that layoffs might be part of the landscape here, which has me more on edge than I expected to be so early into a new role. I am trying to get a sense of whether this is something people constantly brace for or if it is one of those things that happens in waves and then quiets down for a long stretch. I would like to know whether I should settle in and feel secure or keep my guard up because of the way things have been going lately.


Ageism 100%

I am 62 with nearly 32 years at Verizon. I was the only person who knew and understood what I did. I planned on another 3 to 5 years of working, but Verizon put me into early retirement. I am not angry with my direct management as they seemed to have been just as surprised I was part of the RIF. I completely believe that HR was given a directive from Dan to first target those 55 and older, then move to others. I only know a few people that are of retirement age who were able to stay. Everyone else in my age group got the boot without direct managements input. I am fortunate enough to have planned for an early retirement so I won’t be looking for a new job, but I feel for my colleagues that must continue working. Hans made horrible decisions and now Dan wants to come in and “fix” the problems.. Dan was/is on the Board of Directors and would have approved what Hans did .. personally I think the entire Board should be fired. Verizon was good to me for many years until Hans became CEO and things started going downhill. Best of luck to all of you and hope you have fulfilled futures


I’m surprisingly okay

I never thought I’d say this, but losing my job at Verizon actually feels like the clean break I needed. The place looked solid from the outside, but once I was in it, the long hours, constant pressure, and nonstop scrambling wore me down fast. I kept trying to push through it, but the stress just piled up and it got harder to pretend it was normal. Getting laid off stung for a minute, but a couple weeks later I’m honestly relieved to be out of that environment and figuring out what comes next without that weight on my back.


Ottawa job cuts: Layoff letters starting to ‘trickle out’ across system

In Budget 2025, the government outlined plans to eliminate thousands of jobs over the next few years. Ottawa plans to eliminate roughly 40,000 federal positions by 2028-29 as part of broader fiscal restructuring.

https://www.hcamag.com/ca/specialization/industrial-relations/ottawa-job-cuts-layoff-letters-starting-to-trickle-out-across-system/559849


Bonus, Bonus, what will it be??....

Wow! Some concerned about bonus! Let me tell you, I was displaced on 9/30/25. I don't get a bonus. I don't get anything really. And to be clear, I thought like you OP! Yep, so some got laid off, but we are here doing all the work now. I guess that might have some basis, but I have to say, I've got NOTHING. And the job market SU-KS. Yes, those of us who've been cast off, we are not thinking bonus. We are thinking, how to provide for the family, how to put food on the table, how to pay the bills. I get your bonus concern. Can you get my survival concern?


I've decided it's time for me to move on

After a lot of thinking, I've accepted an offer from a new company. It was tough, but the layoffs and lack of any real path forward here made the choice clearer. I'm really looking forward to a fresh start where I can actually focus on doing good work. I wish everyone the very best.


Any layoffs in Kilby Fab (KFAB) or Design groups in the Forest Lane Building.

So for months I've seeing posts about layoffs of fab personal primarily in older and lower tier fabs.

Just curious, has anybody heard of layoffs or potential layoffs of people in the research groups in Kilby Fab (KFAB) consisting of a lot PhD's, or any of the design groups located in the Forrest Lane Building?


Wells Fargo / Jordan Creek

Wells Fargo will lay off an additional 25 employees from its Jordan Creek campus. These latest reductions are effective February 6, 2026. This brings Wells Fargo's announced layoffs in the Des Moines metro to 152 since September, and 1,393 since April 2022. The company stated the changes reflect a push for efficiency and alignment with market conditions. CEO Charlie Scharf also indicated that artificial intelligence is expected to impact future workforce adjustments.


Let go this week

So myself, along with a few others I know were let go earlier this week. We were told it was because we were being ranked “below expectations” even though NONE of us ever had a bad rating in the 10+ years we all worked there and after our Mid-Year reviews, when we were marked trending towards BE,discussions were never had with us on how to bring those ratings up. I know that this has become the trend around BNY the last few years and it’s how they try to justify things. When we were let go(we were in different departments in the bank), we were told that we will remain employees of the bank throughout the end of the year, the we will receive a separation agreement letter from HR about staying as an employee for 60 days, through the end of February. And we will receive pay for the final 60 days. I am not sure if this is what they’re considering severance pay or something else. Not much information was given and any questions asked were left unanswered. Everything was told to me by my manager and I had zero communication with HR to this point. Has anyone else also experienced this recently? If this is severance, I’m not sure how it is calculated. I was always under the impression that severance pay was 2 weeks for every year you worked, up to 20 years, but maybe I’m wrong. Will I have someone from HR reach out to me prior to receiving my letter? I had the mail courier show up at my house yesterday with 2 empty boxes to ship back my laptop and monitor. If anyone else has been dealt with this over the last week or recently and can give further guidance on what to expect, that would be greatly appreciated as we are left in the dark here. A few of us were fully WFH and some of us were Hybrid. Thanks for the info.


Plan For Success

Sales org is continuing to lay out PIPs or "Plan For Success" to hide from mass layoff announcements. Really unfortunate timing as my cohort of AE's and Account Directors from April 2025 are getting the short end of the stick. This industry isn't going to turn itself around anytime soon and has a long uphill battle against AI that is a free or minimal spend for clients.

If you receive a PIP, just focus on a new job. PIP = Paid Interview Program


IDT is cutting jobs at multiple locations in Iowa

Integrated DNA Technologies (IDT) is laying off employees across Iowa, officials confirmed Thursday. The company says 4.7% of its Iowa workforce is affected, though it didn’t share exact numbers. IDT is headquartered in Coralville, and the timing of the layoffs is still unclear.

https://www.kcrg.com/2025/12/11/integrated-dna-technologies-lay-off-workers-across-iowa/


Mohegan Tribal Gaming Authority

Mohegan Tribal Gaming Authority has initiated RIFs. The Uncasville-based casino operator did not specify the number of employees affected. These layoffs are a cost-cutting measure projected to achieve $9 million in annual savings. The move follows continued net losses, despite higher fourth-quarter revenues. These reductions aim to optimize the company's cost structure and align staffing with strategic priorities amid weaker domestic resort segment results.

https://hartfordbusiness.com/article/mohegan-announces-layoffs-ceo-pineault-to-step-down/


Switzerland

Pfizer is implementing significant layoffs in Switzerland as part of its global cost-cutting initiative. The pharmaceutical giant plans to reduce its Swiss workforce from approximately 300 to 70 staffers by the end of the year. This consolidation will result in about 230 job cuts, affecting 100s of employees. The company stated the moves are to streamline and realign resources, reduce complexity, and optimize work. These actions align with Pfizer's broader goal of realigning R&D, reducing administrative expenses, and optimizing manufacturing operations.

  • https://www.fiercepharma.com/pharma/pfizers-cost-cutting-drive-reaches-switzerland-where-company-plans-lay-hundreds-year-end

More layoffs coming in 2026

The 13k that were laid off is just the beginning. There will be more layoffs coming in 2026 which will include a lot of bottom line employees. This is why it is important for front line reps to unionized. Don’t let HR and higher management try buying your silence with free lunch and scare you with them constantly showing up to your store. The company is also going to be very strict when it comes to reps, managers and higher leadership selling with integrity. The company is focusing on customer satisfaction which means they will start firing people if they conduct themselves in gray area practices.


Layoff notification method

Can someone explain how the notifications were handled? I’m hearing all kinds of different stories. Was it individual calls, a group meeting, or something else entirely? My team was spared and I'm still new here, so I don't know from experience how it's usually done.