#layoffs

Dan signed up for multi billion dollar transformation.

15k layoffs wasn't enough.

More cuts def coming and it seems like execs are getting real with their teams and just flat out scrutinizing everything.

The Sr Directors are also lacking one of the two main key skills. 1) leadership 2) technical knowledge.

Only a handful around that can do both. Can't grow a company if u are just one.

Spent majority of my time in Completions (CTI), but moved to Pressure Pumping (Tomball) officially in 2019. Restructure in 2025 put me at the “CIM Level” (Ranking Rd).

God Bless y’all!

How were the chosen people selected to move vs stay? I’ve seen people with the same job title go in different directions while they do the same thing.

They may no longer be obligated to WARN in those states locations with 50+ employees, so VZ won't have to pay the additional money to keep them around doing nothing for a extra 30 or 60 days. It makes it cheaper to do layoffs after this is done, harder to count and trigger the thresholds.

General Motors and Samsung are constructing an EV battery plant. This facility is located in New Carlisle, Indiana, and broke ground in August 2024. Construction on the project is now experiencing a slowdown. Contractor Barton Marlow confirmed recent layoffs for some of its workforce. This change may indicate a shift in the plant's original 2027 opening schedule.

New Carlisle, Indiana

https://www.motorbiscuit.com/gm-factory-workers-laid-off-2/

Spartech LLC will permanently close its Muncie, Indiana plant. This closure will affect 125 employees. Layoffs are scheduled to begin on December 23. The company filed a state WARN notice. This notification confirms the facility's permanent shutdown.

Muncie, Indiana

https://www.plasticsnews.com/processors/extrusion/pn-spartech-closing-muncie-indiana-sheet-plant/

We have 9k staff at GT right now. Will the cuts be 500, 1,000, or 2,000?

Perdue Farms will eliminate 293 positions. The layoffs affect its Washington, Indiana facility. These changes impact the second turkey production shift. Consumer demand shifts and fewer turkey flocks caused the decision. The company aims for operational efficiencies and supports affected workers.

Washington, Indiana

https://www.wbiw.com/2025/09/09/perdue-farms-to-lay-off-293-employees-at-washington-indiana-plant/

Happening today. Notifications in the Public Sector. Really insane. Thought we are the most protected. I guess not!!!!

Navient Solutions, LLC plans to lay off 128 employees. These layoffs will affect Fishers-based staff. The separations are expected to occur between October 2025 and June 2026. This action is part of a strategic transformation. Affected employees will receive severance benefits and resources.

Fishers, Indiana

https://youarecurrent.com/2025/08/19/navient-to-lay-off-128-fishers-employees/

Nearly 1,000 Illinois workers face layoffs. These job cuts are scheduled through the first half of 2026. Norvax LLC began laying off 487 employees in Chicago. CVS-owned Oak Street Health will lay off 219 workers. Printpack LLC is closing its Elgin plant, affecting 111 employees.

https://www.nbcchicago.com/news/local/hundreds-of-workers-in-chicago-suburbs-to-be-laid-off-as-2026-begins-warn-act-shows/3872196/

Maybe tomorrow can happen, by April 3rd it can happen? How many still pending.. How much percentage of Mexico gone?

In December 2025, Illinois experienced 683 mass layoffs. Chicago's collar counties saw nearly half of these job cuts. APL Logistics and S&S Active were the largest contributors to these job losses. APL Logistics cited plant closures; S&S Active cited consolidation. Most December layoffs stemmed from complete business closures.

Illinois

https://www.illinoispolicy.org/apl-logistics-ss-active-both-see-mass-layoffs/

The London Home Builders’ Association warns of significant job losses. Over 60 percent of its members laid off staff last year. Further layoffs are expected in the next six months. The London construction sector lost approximately 5,800 jobs since September. The association urges government action to prevent further economic damage.

London, Ontario

https://ontarioconstructionnews.com/london-homebuilders-warn-of-layoffs-prolonged-slowdown-as-london-market-stalls

Has the latest round definitely wrapped up? I'm hoping we can get back to normal work without constantly wondering who is next.

This isn't ending anytime soon. They've been cutting consistently through the last several years and that seems to have turned into a business strategy. They're not even trying to hide it anymore. If numbers need to look better, why bother with trying to come up with something long-term and business related when you can simply cut people and have it all align nicely on that spreadsheet?

Samfiru Tumarkin LLP is investigating recent job cuts at BIOVECTRA. The PEI-based firm began workforce reductions in March 2026. Employment lawyers are reviewing severance offers for affected non-unionized staff. Canadian law often treats such layoffs as permanent terminations. Employees may be owed significantly more severance than initially offered.

https://stlawyers.ca/blog-news/biovectra-layoffs-severance-pay/

Everyone make sure you understand the current business model. 80% of all employees at State Farm, including Leaders, have been here 5 years or less. They are getting rid of U/W, Fire ILR, Chat, Customer Support etc... Around 70% of Auto and Fire claims employees have been here 2 years or less. Wake up! This company is what you call a churn and burn or a pump and dump scheme! They have to message how "people" are the most important thing but in reality they will do everything in their power to make you leave and especially do not want you to get severance or be eligible for unemployment. They make you work in a totally understaffed meat grinder, reassign and then reassign you again to horrible departments. With the constant turnover, they load level others work to the people that are actually good employees which burns them out even quicker. This is not based on stupidity or incompetence but it is a cold, brutal calculated plan that corporate America is using to destroy the American worker. Regain control in their minds. Find a way out and for the love of God do not buy any State Farm products! Tell friends and family too! These people are trash and will do anything to you to enrich themselves.

No rest, no relaxation, no relief...now we start figuring out when the next round will happen because we all know there'll be a next round. I hate it here.

I learned recently severance was not legally mandated. I honestly thought it was, because, why would they pay us to leave if they didn't have to? So now I can't get that out of my head and wonder what if they really decide that severance is not something they want to bother with?

Girl Scouts of the USA approved the sale of the Edith Macy Center Hotel. The property faced declining use and annual financial losses. BMC Benchmark Management Company is now laying off 49 employees. Layoffs will begin on April 30, 2026, and continue until July 13, 2026. This coincides with the hotel's planned closure and decommissioning.

Briarcliff Manor, New York

https://whatnow.com/new-york/local-news/longtime-training-center-near-manhattan-set-to-close-impacting-49-workers/

If the next date is really March 31, why wait? Why not do it right now? Why put us through more stress? I honest to goodness don't get it.

Nilfisk Inc. is permanently closing its Brooklyn Park facility. About 105 workers are expected to lose their jobs. Employee separations began in December 2025. Layoffs are scheduled to continue through July 2026. The Minnesota State Rapid Response Team is overseeing the layoff response.

Brooklyn Park, MN

https://patch.com/minnesota/maplegrove/mass-layoffs-hit-brooklyn-park-aerospace-supplier-shuts-down

rudential Financial Inc. filed another round of layoffs in New Jersey. This action brings the total job cuts at its Newark headquarters to 237 since July. The latest notice covers 54 positions expected to be eliminated between May and June. These workforce reductions are part of an ongoing organizational structure review. The company evaluates operations to align with evolving customer needs and strategic priorities.

https://www.insurancebusinessmag.com/us/news/breaking-news/prudential-layoffs-in-newark-reach-237-569944.aspx

Put a bad review and fire people?

How deep do people think the cuts will be on the head count?

Reading the flurry of posts here is tough for me as I'm sure it is for many others with survivor's guilt. Can't help but want to leave ASAP from this sinking ship. FWIW, here's what I learnt about the situation today (some of it repetitive of what's already been shared).

This is a pilot initiative affecting CIO, Dev and PS.

Affected capital markets solution groups for pilot = IAM (InvestTran, InvestOne) and Data (DIM, PIM, CAM).

Cap markets pilot is just for these solution groups in 2026, with full rollout planned in 2027 across others. Obviously these timelines are subject to change.

LoB (line of business) was kept in the dark until this week.

Effective immediately: people being RIF'd (backfilled in Zensar) and rebadged (moved under Zensar). RIF announcements were made today.

RIF vs rebadge is based on employee grade and where Zensar has offices to take on ex-FIS staff.

But hey, glad that didn't stop the company taking its top brass and the 2025 leading sales performers (and their +1s) to a fancy resort in Switzerland via business class for a week.

For shame, FIS leaders. It's not that we don't understand shareholder primacy, it's just that this all feels like it was so avoidable.

Here is the rundown:

Moving to a 'open contribution' model. Near 100% adoption of AI across the company.
Moving to an 'AI first' mindset. Ty Thorsen (SVP) announcing new 'AI transformation' team to force the use of AI across the board for all engineers.

Still have no growth strategy, just directions and empty promises, AI is taking over increasing burnout, you know what that means...

Moving fast fast fast and faster, more speed more acceleration more efficiency, aiming higher doing better bigger goals yap yap yap typical corporate jargin bla bla bla be excited about company growth (dont ask for more pay)

Karlheinz wurm could not pronounce 'cost', kept saying 'co-k'

Overwhelming negative feedback in the Q&A about RTO.
The anonymous questions are funnily brutal, the top voted one:
"As an office-first organization, shouldn’t all the leaders on this call be present at their main collaboration sites?"

Ty Thorson (SVP) """"answers"""" RTO concerns:
'While individuals might be more productive at home, teams are more productive working together in person" holy cope

"we are not the only ones doing this..." slap to the face

"Were leading this with a carrot, not with a stick. We are hoping the people will appreciate coming into the office for their team" trying to blame YOU for their bad decisions

Then they start blatently deleting all of the tough-to-answer RTO questions. Absolutely comical as more and more people ask "Why are you deleting RTO questions". So much for being a transparent company.

The rest of the questions are sidestepped and doesnt really answer anything, typical corporate vetted PR talk around the use of AI and how its going to change the world.
Constantly reciting the absolutes, like "all", "most of", "best", "must", "fully", "completely" etc.

People are asking some really brutal questions now, example:
"Someone deleted the question??? Please have all leaders show who is currently in the office if we are to believe you are leading by example"

They keep deleting questions rapid-fire.
Atmosphere gets tense.
No actual questions answered.

"I see concerns about topics like RTO, please message xyz if you feel this way"

"Will we compensate people for gas and time lost coming into the office? Thats not part of Cisco's policy its your responsability to take care of that" lol thanks lets create a problem and expect you to pay for it

The questions in Slido get REALLY heated now, moderation is working overtime deleting messages. More and more questions on compensation not increasing with inflation.

Out of all the leadership speakers, only 4 were in the office.
Everyone couldnt even come into the office to give a talk about returning to the office.
Great lead by example.

The rest of the meeting was a big nothingburger.

It cannot be any clearer how dogshit current leadership is.
If you havent quiet quit by now, this is your signal.

Were there layoffs within this team or has it always been a mess?

It’s year end, how many people will be laid off this time?

This happened to my team mbr. IIRC he was in his 70s. During the final meeting, he said he enjoyed the work and he literally said he wanted to work longer, but he got the hint from the VRP.

What would have happened if he didn't take VRP? Laid off anyway the next round?

Did you use AI today? Did you automate your job so we can fire you?

Check out the SEC sales on C level stock sales. Even the President is selling her shares while touting that everything is just fine. For Shame! Millions and millions people!

https://www.investor.fisglobal.com/financial-information/sec-filings/

Yeah, it was and remains awful. Take care of yourselves first, just like the airline safety instruction. Take a couple of days to process, and make a plan that suits you best. Sending out peace and strength. If you have time to wring out everything from your benefits do it, as cr-ppy as they are.

Round 3 in Tech happened this morning. Train your replacement then good luck

PharmaCann Inc. will close its Pennsylvania ca--abis facility. This closure affects 60 workers. The layoffs are scheduled for May 20. The company defaulted on its facility lease. This action follows a settlement with Innovative Industrial Properties.

Olyphant, Pennsylvania

https://www.cannabisbusinesstimes.com/us-states/pennsylvania/news/15820524/pharmacann-closing-pennsylvania-ca--abis-facility-laying-off-60-more-workers