#layoffs

Frequent layoffs are the norm now. We went from enjoying job security to not having any. I miss the good old days.

After they cut so many people, the team dynamics are completely different. Nobody really collaborates anymore, everyone just sticks to their own stuff, at least in my area. The shared ownership we used to have is gone. It's changed how we all interact and not for the better. It's just a completely different company these days.

And how would I join this lucky group?

I watched someone who was maybe two years away from retirement get pushed out, and something shifted in how I see this place. After decades of showing up every day, doing the work, being loyal, they couldn't let them finish out what he'd earned. If that's how they treat people at the end, what's the point of sticking around?

Fiserv has a few H1B holders that are spying or other companies or countries. Not sure if they are part of the same group. Cyberteam in the United States please be aware of this if not already aware. I am just trying to make it to my Fiserv layof or exit plan. I personally now carry language translator and keep it on at all times because of all the foreign languages spoken on the work floor and on conference calls all the time, which is an HR violation.

https://www.totalprosports.com/nfl/espn-reporter-fired-in-surprising-shakeup/

He was waiting to hear if his move up was approved and he ended up getting the news he was kicked out. I have no idea how that happen or how it was allowed to happen but it goes to show that none of us are truly safe.

So many cuts in benefits, so much offshoring, so many layoffs as people are replaced by AI...and we all just keep accepting this as if it's normal. We're well trained, I guess. I just wonder if there's a point when all of us will realize we've had enough and just walk out.

Does anyone have any info regarding what they plan to do with those folks who are currently based in Pennington? Will all be forced to Jersey City or NYC? Will there be a new site in PA that is an option? Will some be let go when the site closes? What happens if your new assigned location is not a viable commutable option? I know that BNY doesn’t care about those impacted so they are in no rush to provide any info, but it would be great to have some details so people can plan their next move.

Is Communications Systems it?

I see some groups had engineering cut heavily. This is typically a very bad sign especially when the 'process' professionals who mostly bring no value and simply get in the way of innovation (at this company) remained unscathed. The budget cut requirements could have been serviced by dealing with those groups while giving innovation in engineering a chance going forward. There was a belief this was a Mark B. policy but clearly that is not the case as this goes right to the board and IS the business model. Time to accept that.

Performance based. Attainment and manager reviews. Some teams will lose more than others. Most managers were sent a list of 2-3 “qualifying reps.” Were able to use some discretion with who they selected from that list, based on their required reduction. Ie. Maybe 3 names were provided but they only had to choose 1. But higher ups have final say. March 31 is confirmed happening in USA. Very stressful week. Not every team will have to cut.

https://qz.com/ai-layoffs-oracle-data-centers-costs

Meta, led by CEO Mark Zuckerberg, is continuing to shrink its workforce, like many of its peers in the tech industry. After laying off hundreds of employees earlier this week, a leaked document revealed the tech giant’s bizarre plan for several of its remaining staff as it shifts in a new direction.

https://www.thestreet.com/technology/leaked-meta-memo-reveals-companys-bizarre-plan-after-layoffs

Profits all go upstairs. We'll just keep getting cut like always.

Given how crude and perfid the RIFs have been so far, I wouldn't be surprised if that isn't really the case. But here's hoping.

With how things are going to be once everything settles down, I have a feeling most of us will regret still being here.

Think about it. If you’re laid off and get severance, assuming you’ve been here long enough for a decent package, you at least have a safety net that gives you six plus months to find something new. It’s stressful, no doubt, but I’m not sure it’s any worse than being employed and worrying about losing your job every single day.

End of March was the rumor. Any news?

Communication has gotten so limited and people are constantly watching their backs. Nobody wants to stick their neck out or help anyone else anymore, mostly because everybody is worried they're giving somebody else advantage before more cuts. This isn't the same workplace it used to be at all.

We're on a sinking ship, and options out there are almost non-existent. A colleague who was let go almost a year ago is still looking for a decent job. I started panicking a while back, so I started looking while I'm still here. Given that I've probably been less dedicated than if I were jobless, it's still been a horrible experience. It just made me more desperate. I hope this is just my story. Otherwise, we're sc--wed.

We really need some break between batches. It's constant anxiety, always expecting the axe to fall. A guessing game because they never tell us what's coming or when. Then peak stress around the start days, of course not knowing when it'll end. It’s impossible to function like this. The toll on health is huge.

They keep the most incompetent people I don’t see how this company will survive. Epic is taking all of their clients. This company su-ks a-s!

If the US is targeted for 03/31, how does it play out in timings for other countries like the UK?

Please stop the layoff immediately id--ts !

Cut your salaries and compensation to raise employees wages and benefits. F-c k yo id--ts at Intel

NetSuite won’t be affected until after Q4. That gives you a couple months to prepare.

Kentucky experienced a decline in job openings during December 2025. The state reported 88,000 job openings, down from 94,000 in November. The job openings rate decreased to 4.1 percent. Layoffs and discharges increased to 24,000 in December. This figure was up from 19,000 in the prior month.

https://www.bls.gov/regions/southeast/news-release/jobopeningslaborturnover_kentucky.htm

How was the latest RIF in Smart Energy? How many and where?

Still getting new meetings scheduled like everything is normal. Maybe layoffs aren't happening? Why are we so sure it's the 31st?

Lists released to managers today. Notifying impacted employees Mon/Tues. I cant speak for other groups within Oracle.

CSM roles will be responsible for renewals in FY27. Core will cease to exist as we know it.

All you need is charisma to lead when things are good. Things are not good and need to be led with tough decisions and swiftly.
For tech he needs to cut at least 2/3 of employees and give the remaining a 5% raise to get folks out of slump. Cut all the new or recently promoted leaders as well. They are not smart and useless. Run it on bare bones until things turn around.
I’m in tech so can’t speak for other areas.
Will be a big mistake with the stock so low if we come out of layoffs with only 500-1k gone.

Anyone see this?

https://www.stocktitan.net/sec-filings/XRX/schedule-13g-a-xerox-holdings-corp-amended-passive-investment-disclos-e4b7eca95ede.html

Assuming this is just more bad news piled on….?

Tech companies have loaded up on H1Bs to keep employees enslaved and threaten US citizens with constant layoffs.

Now Open AI and Anthropic will ensure these companies do not exist in future along with all the H1Bs.

H1Bs are running over each other to prove no one needs to be employed anymore as codex can do all the work.

Coding is no longer a speciality skill for which H1B visa need to be granted.

Revoke all H1B and Green card petitions immediately.

Coming first or second week of April. Once again, B10 will be decimated lives and families destroyed and children lose healthcare. Decisions being made above flms and slm heads. All decided by opps.

Centene stock has been performing miserably. London bridges falling down?

my prediction and I am a 2nd year senior manager with iffy prediction track record.

five years from now, ACN is likely a smaller, leaner, more AI-centered firm with less revenue tied to labor-heavy delivery... more tied to high-end consulting, governance work, and complex project/enterprise orchestration... and still facing lower headcount leverage and margin pressure than in its pre-AI model.

I see Accenture at roughly 70% of current revenue (lets say in 5 years), with headcount down much more than revenue because AI compresses labor faster than it ki-ls total demand...

Now let's look Bear vs Bull cases, i am in the middle:

Bears: Think in terms of an impact across the board bears will say this:

• Mgmt Consulting - High Value Add (Research, planning, transformation - advanced thinking LLM models are really good at this - it'll slash demand by 50%)
• Vendor Selection (each advanced LLM model beats Gartner, things are analyzed and customized in less than 8 hours of work - u still need consulting, but you need 2 guys instead of 12)
• Design Systems Work (see above, the same applies)
• Dev (Agentic is going to cannibalize this up to 80%)
• Testing (Same as above, Agentic works - writes and executes scripts, u just need oversight and metrics, this will take a 70% haircut).
• Training and Change/Communication (Same as above)
• PMO (Still needed, probably 25% less or so)
• Management (Still needed, probably minimal impact)
• Overhead (Contracts, finance, HR, Still needed but will get streamlined extra 20% over time).

Bulls will counter with this, and the Wall Street seems to be more on the Bears side at least for now:

• Mgmt Consulting - High Vlue Add (AI strategy, operating model, transformation - LLMs generate options, but exec alignment grows - demand shifts up the stack)
• Vendor Selection (LLMs speed anlysis, but audit and risk increase - still need validation and accountability, fewer analysts more senior roles)
• Design Systems Work (AI builds components, but enterprise standardization at scale grows - governance and consistency expand)
• Dev (Agentic boosts output, but backlog expands - fewer devs per project, more projects overall)
• Testing (Agentic automates scripts, but continuous validation and monitoring grow - shift to quality engineering)
• Training and Change/Communication (More tools, faster change - structured adoption and change mgmt expand)
• PMO (Faster delivery, more coordination across AI, data, business - leaner but more critical)
• Mgmt (Fewer layers, higher span of control - more intense decision making)
• Overhead (More AI licensing, compliance, governance - leaner ops, higher complex.)

Former employee here, I drove past the 8th Street HQ the other day, what a sad sight. The tech bar and demo space on the ground floor (along 8th) have been vacated and it looks like most floors in the north tower are empty, too. I guess Atleos employees are not long for this world -- will they move to Brinks? -- and the stock market seems to have given up on Voyix. I'm guessing Fun Thursdays left with Mike and Owen. (And nobody should give those guys a pass on what happened to NCR -- a lot of this could've been avoided if they'd acted sooner.)

Anyway, that's a lovely carcass of an HQ. I hope it finds a worth tenant soon.

This is so messed up and it's going to cost us so much in the long run. So much knowledge is about to walk out the door and there's no real plan on how to mitigate it. There's also loss in reputation and resentment from people who were transferred against their wishes. Bad decisions all around.