#layoffs

Since CC became CEO in May, 2019:
TRU: 23%
S&P: 144%
EFX: 68%

And yet it's other people getting fired. What am I missing?

There was a lot of concern coming out of SKO regarding the direction of the company. Many people, rightfully so, are sharpening up their resumes.

The new CEO started today so put on your seatbelts for a bumpy ride.

Working in a subteam of Rocm in US. Two of my teammates were just laid off last week. My manager hold a group meeting to tell us about this.

unsure, curious if the amazon layoffs are anywhere correlated with their recent relationship changes with UPS?

I believe in an effort to reduce costs they have now sold the offices to another company.
Whilst the office space was always too large, despite grand plans from the management team, selling and reducing footprint certainly sounds like a desperate measure. At least that’s what our competitors are saying to the customers.
Mono sales and team shrinking due to strong competition, beginning of the end before someone buys them.

I grew up in Midland and worked for Pioneer. I am watching with alarm as jobs are being shifted to Houston, Argentina, and India. It looks like the only jobs that will be left in Midland are operations. I am an engineer. Pioneer offered career growth and I could stay in Midland. Looks like that option is dead. Time to jump to a competitor and hope someone doesn’t buy them and do the same thing.

Tracking participants count #general Slack channel in Oracle One workspace, as the fastest available proxy indication of ongoing layoffs.

• jan01-jan31: 1604 layoffs, and 1834 additions (based on Slack regular tracking)
• dec01-dec31: 1031 layoffs, and 844 additions (based on Slack regular tracking)
• nov01-nov30: 1614 layoffs, and 1327 additions (based on Slack regular tracking)
• oct01-oct31: 2504 layoffs, 1762 additions (based on Slack regular tracking)
• sep02-sep30: 6275 layoffs, 861 additions (based on Slack regular tracking)
• aug14-sep01: 733 layoffs (based on Slack very few data points)
• aug01-aug14: ?2900 layoffs in IDC (based on media reports)

Regions outside IDC and NA usually have a significant delay when laid off people are disconnected from Slack (e.g. 1 month in Pacific regions, perhaps longer in some EU countries), so this is a floor estimate with additions reflected immediately, but reductions lagging behind on average.

I will post daily in comments on the count change and running current month total while this post is still on the first page.

Shocking

With all the layoffs and people quittin... and morale in the absolute toilet, does anyone in the ELT really believe that this ship isn't sinking further and further with every layoff? How many fingers are left to stick in the di-e.

What are people hearing?

Buh bye. Who's next?

Have heard conflicting things either massive reorg or a layoff. My money is on both. Seeing people reporting their teammates being laid off.

Initial filings for unemployment benefits in Oklahoma rose last week. The U.S. Department of Labor reported this increase. New jobless claims reached 2,382 for the week ending January 24. This was an increase from 1,564 claims the prior week. Nationally, U.S. unemployment claims decreased to 209,000.

https://www.examiner-enterprise.com/story/news/2026/02/01/unemployment-numbers/88413598007/

Private equity will destroy you, just as it destroys everything else

For those asking when layoffs will start, or who is next etc. What exactly are you going to do with this information? Look for another job? You should be doing that already. Even if the info was available to tell you your department, or specifically you were being laid off, what would you do with this information? Save your money? You should be doing that already. Someone help me understand what all this worry is worth. Explain to me how knowing what will happen will change anything. BTW, you'll never know. You might get some tips about a certain department but you'll never know if it's going to be you. Why worry about something you have no control over? What you can control is how you prepare and you should be doing that already. Worrying about what can happen will only make you sick. Be in the moment. If it happens be as prepared as you can. But stop worrying about it.

Miller's Ale House is closing one of its restaurants. This specific location is in Northeast Philadelphia. The chain will continue to operate in the broader region. Nine other Miller's Ale House locations remain open. One of these remaining restaurants is in South Philadelphia.

https://www.bizjournals.com/philadelphia/news/2026/01/30/millers-ale-house-northeast-philadelphia-closing.html

I’m an ISAE2, and our pay was cut to $19.61/hour with a 50/50 quota plan. This company keeps moving backward.

Volkswagen is pausing plans for a new U.S. manufacturing plant. The company cites financial uncertainty from U.S. trade policies. This includes a debated Audi factory project since 2018. VW experienced a 15% operating profit drop in 2024. Volkswagen also plans to eliminate 35,000 future jobs in Germany.

https://www.slashgear.com/2087524/volkswagen-us-audi-factory-plan-paused/

https://youtu.be/YvgLXMidQ2E?si=m5KE4CFL1vdSWZV2

9Wood, based in Springfield, dismissed 19 employees in mid-January. This represents the third job reduction for the company since early 2025. Approximately 60 employees have been let go across these three events. Management stated a need to reduce expenses and merge positions. This strategy adapts to market changes and declining construction industry demand.

https://www.registerguard.com/story/business/2026/01/30/springfield-manufacturer-continues-shedding-jobs-in-january/88416689007/

One of our strongest Delivery teams were all transfered to contingent workers on Friday without any notice or consultation. Now they work for CapGemini.
I can only imagine how this is impacting morale. My heart goes out to this team, you constantly produce amazing results and get the job done. So sorry

Initial unemployment benefit filings in Ohio decreased last week. The U.S. Department of Labor reported this decline on Thursday. New jobless claims in Ohio fell to 6,773 for the week ending January 24. This was down from 6,847 claims the previous week. Nationally, U.S. unemployment claims also dropped to 209,000.

https://www.zanesvilletimesrecorder.com/story/news/2026/01/31/unemployment-numbers/88413597007/

I hope salary folks are watching the offer Marathon is proposing to hourly people.

USW/NOBP CONTRACT UPDATE 2/1/26
Well folks, the situation is definitely not great. Here is the latest:
4yr contract
4%, 3.5%, 3.5%, 4%
$2500 signing bonus
No COLA (Cost of Living Allowance)
No shift differential increase
80/20 medical (same as current)
No retrogression.
No vacation increases.
No retirement medical assistance.
No Al protection.

This should be an eye opener of what salaried employees can expect to lose also. When you “volunteer” to go work strike duty, you can thank yourself for low pay increases and adding 10-15 years to your career when they take your retirement insurance away.

https://seekingalpha.com/news/4545115-oracle-plans-massive-50-billion-debt-and-equity-raise

If stock prices fall to 154 or below on Monday / Tuesday, better be prepared to leave.
I also doubt Fusion in addition to legacy apps will be more badly hit in addition to Cerner.
Most people reporting to LE org might be in trouble or waiting for reorg.

Thoughts?

Is PnC mod claims or policy team in the layoff list next ?

Not sure why I have this feeling. But what a relief.

There hasn’t been layoffs in Home Lending for quite a few years! Does anyone know if there will be this month?

Banker claims Oracle may slash up to 30,000 jobs, sell health unit to pay for AI build-out
https://www.theregister.com/2026/01/29/oracle_td_cowen_note/

Impacted employee. Easily they can eliminate H1b full timer and contract employees instead of doing this layoffs. How can they file H1b and green card when layoffs are happening ?

I always thought ISG = Inside Sales Group and CSG = Channel Sales Group, but apparently neither are sales related... Still don't know what they are but, why are those groups seemingly always hit so hard?

What did they do to pi-s off the Dell "gods?"

Heard there was impacts to the agile family. Any additional details?

• Springfield-based manufacturer 9Wood laid off 19 workers in mid-January.
• This is the third round of layoffs for the company, totaling about 60 workers since early 2025.
• A laid-off employee expressed shock and concern about the company's future and his own finances.

https://www.registerguard.com/story/business/2026/01/30/springfield-manufacturer-continues-shedding-jobs-in-january/88416689007/

ClawdBot (now OpenClaw over trademark issues) is officially the fastest growing open source project in history. When looking at graphs of open source adoption, it's a vertical line and nothing even comes close to matching its success. Why does it matter? Because it's the first comprehensive agentic system with an ever growing list of tools that is more or less completely unleashed (use at your own risk! remember it's early yet).

For those of you still convinced AI is just a chatbot, you should go out and take a look at what people are doing with this tool. Then tell us how jobs aren't going to be automated away. Remember too that, job displacement doesn't necessarily mean the AI is going to fully replace you, but that it's going to enable people to 10x their work and require significantly less headcount. Given how lackluster WF growth is, I doubt the growth needed to maintain headcount will keep pace with the productivity this will unlock.

As a bonus, go check out moltbook.com for laffs. It's hilarious to read through.

How does this relate to WF and layoffs you ask? It should be obvious once you understand what it is capable of. Your biggest firewall right now is data governance, and plenty of companies are working through this right now, including WF. Only Wells Fargo are way behind the curve, for obvious reasons of ineptitude.

Until not much is left, I guess. One major restructuring with a clear idea might have had a chance. These endless, aimless cuts are just leading nowhere.

I’ve been hearing about February around my office. Just a rumor, not confirmed by someone in the know.

I just hope they don't try to slap the AI label on every barely believable justification. That excuse has become tired already.

Zillow cut roughly 200 employees, or 3% of its workforce, during annual reviews while keeping job postings steady and growing revenue 16%.

https://www.housingwire.com/articles/zillow-workforce-cuts/

February

Just warning everyone layoffs are starting next Friday. India, US, Canada, EU and Mexico. Ranked by most impacted.