#layoffs

PepsiCo is reportedly preparing for job cuts, with layoffs potentially announced as soon as this week. A key indicator is the company's instruction for employees in some major North American offices, including its headquarters, to work from home. These potential changes follow a memorandum from PepsiCo outlining initiatives to enhance shareholder value, focusing on organic revenue growth, productivity savings, and improved operating margins. These strategic shifts are widely interpreted as a response to activist investor Elliott Investment Management's demands for cost reduction and operational efficiencies. While no official layoffs have been announced, PepsiCo executives have used the term "right-sizing the workforce," which often refers to job eliminations.

https://www.inc.com/fast-company-2/pepsi-layoffs-job-cuts-pepsico-right-size-workforce/91279159

Anyone?

• Ford to Lay Off 1,600 Workers at Glendale Plant

Ford is conducting layoffs. 1,600 workers will be affected. These layoffs are at the company's Glendale battery plant. The plant is shifting to power storage production. The company has rehiring plans by 2027. (Glendale, Kentucky_

https://www.whas11.com/video/news/local/ford-glendale-plant-conversion-layoffs/417-7f819881-7733-4a5e-921b-efe7e3442616

Anyone impact so far this week? Were any teams told to stay home?

According to Volvo Group North America, the Hagerstown plant will be laying off 97 production technicians, effective January 5th. The plant, Volvo said in a statement, is adjusting “staffing to reflect ongoing weakness in the North American truck market.”

https://tristatealert.com/volvo-mack-trucks-in-hagerstown-to-lay-off-nearly-100-jobs-by-january/

Amazon will lay off employees. A total of 84 workers will be affected. The layoffs will occur in Seattle and Bellevue. Impacted roles include engineering, recruiting, software development, and product management, affecting Seattle, Washington...

https://www.bizjournals.com/seattle/news/2025/12/15/amazon-layoffs-84-february.html

Anyone surprised?

Not just because jobs are being shipped overseas. It’s also because AI simply isn’t delivering. They can paper over the AI flop for only so long, and we all know who will end up paying the price for the brilliant idea of throwing massive amounts of money at the latest tech fad, which is unsurprisingly turning out not to be the miracle it was sold as. Leadership seems to know only one solution to every problem imaginable, including bad judgment in spending - more layoffs.

So my store was safe from those agent weirdos or whatever and that made me happy BUT Just found out we’re getting passed to another DM. That’s literally the fifth one in six months. Is this place actually a joke??
And of course, it’s her. She’s actually a total NPC. She acts like a robot and thinks leading by fear is a flex. It’s so so bad. She cares about nobody but herself.. I’ve  dealt with her before and it’s a nightmare.

To make All this even worse daily I hear is 'layoffs this' and more closures that.' Honestly? I hope this new whole giant district exposes these incompetent “leaders” so they can finally see what it feels like to be just a number. Thought about spamming Dan’s stupid feedback thing  but like he actually cares? Yeah right. Whatever. 2026 here we come

Then I’ll just put in less effort. I’ve always been responsible and usually gone the extra mile, including being available well beyond official hours. I’ve helped resolve plenty of crises and messy situations. But if this is how it’s going to be, I’ll simply stop being available after hours. I’ll coast until they lay me off. That’s probably coming anyway, for all of us, so why bother anymore?

Amazon is laying off 370 employees at its European headquarters.

These cuts represent about 8.5 percent of the workforce at that location. The layoffs primarily affect software developers as AI increasingly handles coding tasks. Amazon cited "business needs and local strategies" as the reason for these adjustments. This move follows broader company-wide workforce reductions and a deeper embrace of AI.

The reduction accounts for 7.6% of full-time and part-time staff, according to a message from President Rob Manuel. The university is aiming to reduce $27.4 million in spending following a dramatic drop in international enrollment.

https://www.chicagotribune.com/2025/12/15/depaul-university-layoffs/

Here’s what I got out of it:

1) There is a new corporate strategy called Lead to One that is about focusing more on the consumer and personalization. (Every 5 years we claim we’re now going to focus on the consumer, but don’t actually make any of the necessary investments and then abandon it. So excuse me if I’m highly skeptical.)

2) Our expenses are way too high and need to be drastically reduced. (We’ve been hearing that for many years and yet the same leadership that hasn’t fixed it is still in place. Where should the blame be placed?)

3) Layoffs will definitely continue. Evanko said we’ll have fewer employees next year than this year. (No surprise there.)

4) We’re counting on AI to be our savior and are going to push as many things to AI as possible.

5) The only business that is performing well is specialty pharmacy.

6) The VillageMD investment and our attempt at creating a care delivery strategy was a failure. (Even though it’s obvious, I’m glad they actually admitted that. Interesting that the failed MDLIVE acquisition wasn’t mentioned though. I guess we just don’t talk about that.)

7) We’re going to do more lobbying and public relations to try to control the narrative about Cigna.

Did anyone hear something different? What did I miss?

Heard there is a major cut to the PMIC in SD. Is that true? Which teams?

They mistreat employees and treat them like garbage all year and then thank everyone after layoffs too

expect several months worth of small, targeted little potshots and pruning to avoid more bad PR and WARN, etc. hopefully some bigger changes will come at the top level.

With 3+ years of layoffs, Voluntary Retirement packages, offshoring of headcount, and sale of Medicare business and headcount, how possible can Cigna cut deeper in 2026 while continuing to invest in healthcare transformation, care delivery quality, and technology? Math does not add up.

Layoffs have been announced in the next few months.

Prices go up but your modifier goes down down down!
Make less money and retire less quota with higher prices!
Eat those costs right from your own wallet!
Math doesn’t math in the world of Dell!

My friend was just asked to go in BH she said low performer

This post is for current L3 Harris employees. Please share experiences with job reductions or furloughs within L3 Harris technologies. Please include your location and dates if possible without revealing your identity or any information that might expose yourself. Your privacy should be protected. If you are not part of L3 harris, there is no reason to be posting here.

7.8 million people out of work.

Per CNN article.

Let that sink in.

Chevron will continue to decline as long as the current crop of executive leaders are at the helm. They are simply out of ideas. The stock price has been moving sideways for years despite buybacks, cost cutting, acquisitions and divestitures, and layoffs. Our reserves impress nobody. Our projects still run over budget and over schedule. Exxon is eating our lunch.

The executives are desperate and all they can think to do is desperately flail at changing the window dressings and offshoring more work to cut costs, quality be damned and forget about increasing reserves or investing in exploration. They talk about AI hoping to ride some of that wave in the market but it’s just lip service at this point.

They forgot we’re an oil and gas company and now all of us peons have to pay the price for their lack of competent leadership and dereliction of duty. It’s going to get worse before it gets better - and it’s never going back to what it was. If you’ve got more than 5 years left in your career and have a decent alternative employment opportunity I’d highly recommend taking it.

The state Department of Labor reported potential layoffs affecting 832 employees at a school bus yard in Mount Vernon and 885 more in Brooklyn.
On October 20, Pride Transportation Services Inc. informed the state of its plans to permanently lay off 1,717 workers at the two sites by the end of October. The notice was made public on December 10.

https://westfaironline.com/courts/mount-vernon-bus-business-signaled-832-layoffs/

https://www.wdrb.com/news/business/all-1-600-kentucky-battery-plant-employees-laid-off-as-ford-pivots-away-from-ev/article_32ef2a58-eb9d-4bf4-820d-c2417b6793ea.html

Is LBT and his team planning to do that ?

DePaul University has cut 114 staff positions as it deals with ongoing financial pressures. School officials say the layoffs were driven by a drop in international graduate students, increased financial aid needs, and higher benefit expenses.

https://www.cbsnews.com/chicago/news/depaul-university-lays-off-114-staff/

Xerox’s problem is brutally simple: more cash goes out than comes in. Every quarter.

The business isn’t generating enough cash to cover interest, restructuring, and working capital.

Why? Because Xerox is burning cash from operations. Not investing cash. Burning it.

To plug the gap, they’re selling patents and borrowing money using what’s left of their Intellectual Property as collateral, basically pawning the family silver to pay this month’s bills.

At the current pace, they’ve got maybe 6–9 months of runway if they keep pulling levers like asset sales and emergency loans; without those, it’s closer to 2–3 quarters.

Seeking a $500M IP-backed loan means unsecured financing is effectively closed (credit rating at CCC+ = markets price in a real risk of default).

This does NOT fix the business, it just buys time.

If cash doesn’t turn positive fast (not “less negative,” but actually positive), the only realistic outcomes are:

#1 More asset sales (DocuShare, XMPie, CareAR, etc)
#2 Forced recapitalization (debt converts to equity, shareholders wiped)
#3 Chapter 11 (court-supervised version of #2)

Everything else you hear is just nicer words around that math.

The endgame is no longer theoretical, it’s just a matter of timing.

https://www.investing.com/news/stock-market-news/xerox-seeks-500-million-ipbacked-loan-to-boost-liquidity--wsj-93CH-4408966

Hope all Dell workers and previous Dell workers have a wonderful XMAS. In 2026 you want to rid yourself of Dell and ensure you sell any Dell stock you might own...

Looking back, it seems that fewer people were cut this year compared to recent ones. Yes, there were layoffs, but not as many as last and previous years. Curious if others are seeing the same thing.

Recent layoffs at McKinsey have sparked a broader conversation about the state of the consulting industry. As one of the world’s most influential consulting firms trims its workforce, analysts are questioning whether this move reflects internal restructuring or a sign of slowing demand across the sector. Many are now watching to see if other consulting firms will follow with similar job cuts.

This is what I've heard

Meat processor JBS is shutting down its Riverside packaging plant and laying off 374 workers, according to a notice filed with California’s Employment Development Department. The closure comes as tight cattle supplies have pushed beef prices to record highs this year.

https://www.msn.com/en-us/money/companies/plant-closure-will-lead-to-hundreds-of-layoffs-in-riverside/ar-AA1Spq4S

AAR Corp has confirmed layoffs in its operations, though it hasn’t said how many workers were affected. The job cuts are tied to the Triad region in North Carolina.

Moderate layoffs will be coming in January. These are mostly intended as a layoff for low or moderate performers across marketing, product and engineering, not as a broad layoff due to business conditions.

There are no specific target numbers identified — it is primarily low performers, unmotivated people and those who are not on board with the company mission.

I can't understand the logic the leadership is using to choose who stays and who goes. They've let some really skilled people go recently for no clear reason. Some newer folks as well, who joined maybe a year or so ago. Their decisions just seem completely random.

Ford plans to hire 2,100 employees for the new iteration of the Glendale plant, and a company spokesperson said Monday that all those laid off will have the "opportunity to apply" for those new jobs.

https://www.wdrb.com/news/business/ford-will-lay-off-all-1-600-kentucky-battery-plant-employees-as-it-pivots-away/article_32ef2a58-eb9d-4bf4-820d-c2417b6793ea.html

Nothing where I’m at. But there have been a lot of rumors about more coming on Monday. I know we’re in this for the long haul, but I’d really like to know whether we’ll at least be left alone until the holidays are over.

I'm a FR in the West. We've seen our field and MR numbers go way down, and our home count go up. Nanos are starting to have these issues, scheds going on withthold, flags, PRS putting things on WH and not setting appointments, digital interims putting homes on withhold, and yet we still have the same performance expectation and policies.

There was a guy on the U.S. townhall that was retiring and called out management. I know they weren't happy inside and even though he was the only brave person to speak up, nothing will change. I've been looking for a new job for a year and it's been really difficult. 15 years ago we had AP. It was a pain in the butt, however at least the expectations and home count ratio were more acceptable.

If we go through another round of field layoffs, it's going to absolutely tank our performances. But so many of field guys refuse to unionize, so leadership can keep taking advantage of us and giving us more and more homes, with less field reps, and the same pay.