#layoffs

When I started as an HVAC tech for Sears Home Services, I was hired over the phone, sight unseen, and my orientation was over zoom. Until that first video call, I was kinda thinking this was all some foreign scam to get my SSN and bank information and there was no job. I had never heard of "Transformco." Then a tow truck showed up one day and dropped off a Ford Transit van at my house, and I started getting deliveries of appliance parts and tools. They had me ride with another tech in my area for 2 weeks to train and then gave me my own routes. After that point I never saw another Sears employee again. Just me and the AI chatbot fixing washing machines all over 8 rural counties, 5 days a week. It was kind of like a scifi movie where the main character is alone on a spaceship with no one to talk to but the robot that cleans the toilet. A cool thing about the AI running everything was that if you reasoned with it a certain way, you could make it take calls off your route you didn't want to go to, or even shorten your day to end at noon.

I "called in" a lot (which is literally just a button you push in the app you have to use for your route), but as far as I could tell no one was there to keep track of or reprimand my attendance

After about a year, I got an offer for better pay and took it, and I put in my notice. Ran my last route in January of this year, and parked my van in the driveway with the keys on the seat for when they sent the tow truck. They never did, and per my state's abandoned vehicle law, I went to the courthouse to report a vehicle abandoned on my property for over 6 months, filled out a claim form and today I got the title in the mail! Outright and fee simple.
All this to say, you guys still out there working have reached the point where Lampert and the Colonel have hollowed out the company enough for it to basically be a free for all. Take advantage of the spoils while you can!

I left before I was going to be piped out. I tried to move up but there was no hope for me as I was not one of the chosen ones. I was given mediocre projects while the favcs were given the high profile projects. I knew it was not going well for me. The new supervisor was friends with all the others in the group and I was an outcast. I even asked for more meaningful work and asked to work for other groups to support them. I was denied and work was taken from me. I turned in my resignation 4 years ago and left exxon. I found work at another smaller company that allows me to do engineering work. I feel better and more valued now. My pay went down but the health insurance is better and my mental health is better. There is no piping or nsi at my new company. If you do your work you are rated good. My boss knows everything I worked on and compiles the yearly review. I am okay with less money because I left with 2 million in my 401K and I payed everything off. So when you have had enough of exxon s shett leave asap. Lots of others have left because of the injustice at exxon and the terrible treatment. I hated every second at exxon and it was so demeaning.

Anyone in this area apply? I’ve been told numerous times it’s likely a protected area becuase of contractual obligations but with the scrutiny on these areas lately I also wouldn’t be surprised if there’s a bunch of layoffs and rehiring or PIPs!

Mike Gianoni said. "As we have in the past, we will support impacted team members, we'll provide an enhanced severance program and career transition assistance". Nothing there is true. You get 2.5 days per year instead of the standard 1 week or 2 weeks per year. No career transition assistance at all. You get a 1 time 1-1 help building a resume. Got two months after 20 years.

What’s with all these posts/comments telling people to “leave the company” while the same people stay glued to their own seats? As if telling others to quit somehow protects them from annual layoff statistics. It doesn’t. Even people in NSI rank (knowing most outcomes are already decided) trying to hang on in this brutal job market.
Reality check: no matter your “position,” always keep your options and network open. Look for better opportunities so you’re the one choosing your next move, not waiting for someone else to choose it for you. And when something better, whatever “better” means to you shows up, take it.

I was impacted in April. I’ve noticed that people are getting new jobs or big companies are actively seeking them through headhunting. However, I’m struggling to understand how this is happening. I’ve been unsuccessful in my job search everywhere. How are big companies able to find these individuals without them applying to roles? How are people finding jobs so easily?

I’m posting because I am sure many others are feeling frustrated as well, and it’s disheartening that it seems so effortless for some people.

I have no proof, but I have a feeling those who were approved to leave on 9/4 were already going to get cut.

I have seen many posts with people upset (understandably so), that their separation dates are in 2027. my guess is those in the later groups have positions that were not going to get cut. they have been deemed essential. I do not believe these people will be a part of a future layoff.

it does look like those in certain functions were given later dates?

Which departments are most likely to be affected? Can any claims analysts that took the vsp tell us what their separation date is? I am under claims and just want to feel like I can breathe again.

Did Broadcom acquire VMware, raise prices for many businesses both large and small, decide it no longer wanted smaller clients and instead focus on large, profitable customers, and lay off employees who may then have been hired by companies like Nutanix?

I applied for the VSP. I got approved. My separation date is in May 2027. I have been looking for another job since they pulled bonuses, PFP's etc off table the beginning of 2023 even more so after the Sept 2023 Lay Off leak. This whole thing is a sham....a PR stunt for the earnings call July 28th. Some say too many people applied - cool they didn't have to approve them all. It was bad enough giving a separation date of September but 8 months out? A year? The absolute mind f**k of it all is despicable. The only difference between those that didn't apply and those that did is "severance" and being locked into employment unless you quit before your separation date. BUT ALL OF you now will have the constant anxiety of being laid off at any given moment as has been the course since 2023 for most of us. And they did say in the agreement you can be subjected to involuntary layoffs even if you got the VSP.

I, after 3 years of applying out, landed another role and will be out next week. I wish everyone luck but don't let your guard down. None of the way this went makes any sense whatsoever and I believe there is an agenda and it is not good. What this company did to its employees is nothing short of psychological te---r and torture. Oh and KARMA IS A BI--H make no mistake. The company will reap what it sows eventually and I have a hunch it already is.

With the staggering dates, will there be involuntary layoffs mid August? If so, these employees would have been identified for the restructuring. Is there an explanation anywhere of why those that didn’t opt for VSP haven’t been notified and will their dates be extended until possibly Nov 2027?

Sr. Director? Managing director? SLT? ELT?

Last week, several projects were shelved. Several contractors were terminated/laid off.
Never seen such a velocity with which FIS is doing cost cutting.

Upcoming August lay off is "mother of all layoffs".
Get ready.

It has been confirmed that there have been some RIFs completed today. Unsure of how many people were affected or departments. Anyone have any more information?

https://www.businessinsider.com/big-tech-considering-voluntary-buyouts-2026-7

New York is experiencing a significant wave of job losses across various sectors, including technology, manufacturing, and media. Companies are citing economic conditions, contract losses, and business relocations as primary reasons for these workforce reductions. Major corporations like Meta and Amazon have announced substantial layoffs and facility closures within the state. This trend indicates a broader restructuring of businesses and a reduction in their New York footprint. The cumulative effect is thousands of job losses impacting communities statewide.

New York, NY

https://www.shorenewsnetwork.com/new-york-sees-fresh-wave-of-job-losses-as-major-companies-expand-outside-state/

No word from Enrique since restructuring and layoffs were announced. No word from him when Stripe made their ridiculous offer. Time is up. Earnings call is tomorrow, our CEO can no longer be hiding. Hopefully he was too busy working on a big plan to turnaround the company and will take everyone by surprise... Or maybe not...

So let me get this straight. According to the VSP FAQ - Following the VSP, we do expect that we will need to make further restructuring decisions, and expect to notify anyone whose role is impacted by mid-August. NOW the ones who want to go have to wait it out till next year, but the ones who didn’t take or were not eligible for VSP could be let go? Please please make this make sense? How? And why?

Anyone know what date they’re supposed to let us know if we are getting laid off?

I heard the UK lost a lot of staff in Q2 but have any other European countries been affected ? Some Euro colleagues I spoke with said things were on hold due to the BT merger.

VSP accepted for 8/27/2027 - what the heck?!

Anyone else still waiting to get your VSP verdict ?

It pains me to say this as I think AI is the eventual ruination of the western/global economy as we know it, and the replacement will be a cold and emotionless standard which will ki-l human innovation/motivation and cause prolonged malaise.

However, if you want to continue your employment with Cigna (at least in the near term), you need to be embracing the AI tools provided to you. Bonus points if your mgr can report that you have generated some breakthrough with the use of AI.

Usage is being tracked and scores tabulated.

AI adoption (or not) will drive the next couple rounds of layoffs.

My vsp was accepted but my separation date is 05/14/2027 😮

It looks like everybody who wanted it got accepted. Could denials be going out later on?

Last day of work will be March 19, 2027.

All company meeting ELT says 70000 ppl company so 12000 layoff ?

ACCEPTED. OUT THIS BI--H SEPTEMBER 4TH.

Funny to see Imperial posting about supporting the Stampede while pulling so many jobs out of Calgary. Yeah, way to support the community. Not.

Received an email from a recruiter about a job?? Why are they hiring amidst layoffs??

Looking for insight/testimonials about the severance package in Spain, what is and is not included in the salary reference for calculation, what the termination letter actually says, what kind of NDA they ask, etc.
Anything you can share will help a worried colleague. Thank you.

as this bubble pops you can expect dell to lose all of its market share and be a 8 billion dollar company

Seperations dates have been pushed out!! I bet none of us will ever see this money.

Those with a 4 performance rating. What what was your increase? I'll go first. 2%
This can't possibly be normal.

Yes, I am actively job hunting.

When Dan the old man took over Verizon he said we were going to launch something monumental. Well here is its. It’s simplicity and one Verizon. He is calling it out new value proposition. It’s so underwhelming all I can do is laugh. His only true strategy is to cut head count gut the company and buy shares back. This is evil

Are there layoffs going on in Folsom? My friend just cut short his vacation and is rushing back. We work together on a project (I am in an international location).

Have an offer with schwab in the technology division and had couple of questions. Does schwab do performance reviews mid-year, end-of-year, or both? Also, if there are layoffs, how does severance usually work? And if someone were let go for low performance, is severance typically involved, or does it depend?

I wonder what she is seeing that makes her want to abandon ship?

If you don’t follow Amanda Rico on LinkedIn you should. She is always spot on and clearly is talking to a lot of employees. Her recent post on high CL employees in Midland (this means you former Pioneer employees) being dead men walking is a great example.