#layoffs

So some took it as overdue discipline, others as the familiar cost of order when order is measured mainly in expense… and many simply waited for the next email to tell them what their years would count for…

400 million spent to be spent on layoffs each Quarter this FY?

Layoffs will commence the December 19,2025 - January 30,2026

Polish up those resumes lots of new opportunities out there. One thing they can’t do is take away your talent so there loose and another’s win.

List of states impacted
Georgia
Florida
Alabama
Massachusetts
New Hampshire
New Mexico
Rhode Island
Vermont

Best of luck

It’s just gross that layoffs are coming. They can’t seem to find a time to do it except around the US holidays. It was better in the old days when they’d do it in August. But no…. They decide names in Nov and plan to do it later winter.

I mean there is never a good time but having a dark cloud over the holidays just stinks. Thanks ELT! I hope you can’t sleep at night!

"Famously brutal Fortune 500 CEO reveals the three rules every American must follow to avoid getting laid off as job apocalypse spreads"

Internet Archive version - https://archive.ph/DwCYF

His 3 points:
1) Go to the office every day - 'One of the problems in our society today is isolation. And working from home stems more isolation.' - Stankey

So he's worried about our mental health now?

2) Take AI training classes, NOW! - dang, I agree with Stankey on something. It's a sad day.

3) Forget loyalty, focus on results - He described the employer-employee relationship as transactional and constantly up for renewal.

Every day, you have to earn your keep at the company,' he said, adding that, 'similarly, the company has to earn the right to your skills.'

Funny. If we really went by his own measure, he should be the first one fired.

The year the Big Tech job market cracked

• Tech job seekers faced a tough market in 2025 amid layoffs and slow hiring.
• Cuts at Big Tech firms like Amazon and Microsoft helped fuel fierce competition.
• Business Insider asked tech job seekers about their challenges — and how some overcame them.

https://www.businessinsider.com/big-tech-job-market-hiring-cracked-layoffs-amazon-microsoft-2025-12

there are layoffs every year usually before end of q1 and early q4 before the US holidays. q1 layoffs are always to tighten budgets after year end numbers and jan month end numbers. this year obviously layoffs are much more than just that but expect additional tightening before end of march next year

Bumping this for info from @rp+1kbwqk6k3.

I'm at the point where I'd pay for a new job. Or take a major pay cut. Anything just to get out of here.

I don't mean to be an alarmist, but I think it's clear we're entering a period where layoffs are used to fix leadership insufficiencies. I guarantee you these will become a regular occurrence from now on. I truly hope I'm wrong, but my old company had a similar situation, and within six months from the first layoff I was out of a job as well.

Our team's lost four people since the fall, and they aren't being replaced. All this extra work is probably just going to push more of us out the door. I don't see how this helps the company in the long run, but here we are.

Now that the week is over, I'm just trying to figure out how long exactly it took to wrap things up. Just to be better prepared for the future.

If people are worried about more layoffs so close to Christmas, you know something is seriously wrong with BofA.

It feels like Exxon isn't the same place anymore. Everyone I talk to just expects the next change to make things worse. There's no real hope for things improving, just this constant worry about what's coming. It's really difficult to stay positive in this atmosphere.

100+ LAID off today no rhyme or reason lots of tears

The regular drumbeat of cuts has had a damaging impact on morale as staff become accustomed to the ever-present threat of losing their jobs, sources said. Co-workers regularly vanished from Slack without much, if any, explanation, sources said, with staff often only finding out when former colleagues post about being let go on LinkedIn. Shopify did not respond to a request for comment.

https://thelogic.co/news/exclusive/shopify-layoffs-morale/

Doesn’t matter if you’re in STS, CRM, CSS, RPS, etc the whole system is built to benefit the top and treat everyone else as disposable.

Leadership knows exactly how toxic it’s gotten but they just don’t care. As long as the stock price stays high and they keep getting richer, nothing else matters to them

Bumping from @43w+1k9ze46kn for being 100% on point.

Don't do them any favors. Please. Don't do the work left behind by those who were kicked out. The leadership wants you to do it. They want to see all the work getting done with fewer people so they can say, see, we were right to cut those employees. Even if those left are breaking their backs to keep this place running. Don't give them the satisfaction.

Here's what I've gleaned so far and I'm certainly hoping the new year will shed some.real light on things. Please feel free to add anything I may have forgotten or missed.

So Dan comes in and touts himself many things, including an authority on AI, even so much as smackin coffee lips about it at the white house.

He's uber excited for this "new Verizon" that will be scappy and non-bureaucratic, with inital claims that no other carrier will be able to easily replicate what we're going to do.

To accomplish this mastery of his mind, we obviously must have massive cuts to fund the multi-billion dollar mystery venture.

And so far, this has consisted of a mega layoff, a declaration laden in hypocrisy that our culture must shift to starting meetings on time so we are no longer sloppy, and a story about a cancer patient who was allowed to break contract, implying that delighting our customers mean we will now be more giving to all who want/need special cost-related provisions.

I fail to see the connection. In fact, as I typed it out, I felt an overwhelming sense of nausea come over one me. Something doesn't feel right.

• Wells Fargo announced it will lay off an additional 25 workers from its Jordan Creek Campus.
• The company has cut 1,393 Des Moines metro jobs since April 2022, with more reductions expected in 2026.
• CEO Charlie Scharf cited a push for efficiency and the future impact of artificial intelligence as reasons for workforce changes.

https://www.desmoinesregister.com/story/money/business/2025/12/12/wells-fargo-layoffs-west-des-moines-jordan-creek/87733975007/

They don't care about performance. It's you get eaten no matter what situation.

Know two people with multiple write ups with written documention in insights who are still on here, their teammates on the other hand got laid off..

Beloved company is long gone. If you notice, they took away soda again.

Exactly what @a3+1kc55g9pz said.

it is very much a fiserv pattern over the years to cycle in leaders for a couple of years. they create havoc, fire loyal employees and then they are gone. you get some stability and then the next one shows up. this more than anything destroyed fiserv

https://wgme.com/news/local/charter-communications-lays-off-176-maine-employees-spectrum-call-center-unemployment

Wells Fargo will lay off an additional 25 employees from its Jordan Creek campus. These latest reductions are effective February 6, 2026. This brings Wells Fargo's announced layoffs in the Des Moines metro to 152 since September, and 1,393 since April 2022. The company stated the changes reflect a push for efficiency and alignment with market conditions. CEO Charlie Scharf also indicated that artificial intelligence is expected to impact future workforce adjustments.

Date Filed Location Employees Affected Effective Date

11/10/2025 Jacksonville, FL 112 January 15, 2026
11/18/2025 Atlanta, GA 265 January 20, 2026
11/25/2025 Charlotte, NC 178 January 30, 2026
12/2/2025 Newark, NJ 94 February 5, 2026
12/5/2025 Richmond, VA 76 February 10, 2026

Netflix and the Hollywood End Game
Monday, December 8, 2025

Warner Bros. started with distribution. Just after the turn of the twentieth century, Harry, Albert, Sam, and Jack Warner bought a second hand projector and began showing short films in mining towns across Ohio and Pennsylvania. In 1907 they purchased their first permanent theater in New Castle, Pennsylvania. Around the same time, they began distributing films to other theaters, and by 1908 they were producing their own movies in California. In 1923 the brothers formally incorporated as Warner Bros. Pictures, Inc., becoming one of the five major Hollywood studios.

What the brothers realized early on was that distribution was not a particularly good business. You had to maintain the theater, source films to show, and your profit was capped by seating capacity, which you had to work constantly to fill. Every empty seat represented revenue lost forever. Producing films, on the other hand, was far more lucrative. A movie could be made once and monetized repeatedly.

In this sense, Hollywood was the tech industry before there was a tech industry. Studios invested heavily upfront in assets that could be leveraged again and again. While Warner Bros. and its peers did at times own large theater chains as part of vertically integrated businesses, the 1948 Paramount decrees forced a breakup. The theaters were spun out because content creation was simply the better business.

That business improved over time. Television created expansive new licensing opportunities for films and later TV shows. Homes had more televisions than cities had theaters, and access was constant. Home video added another window, allowing movies to generate revenue through rentals and sales. The largest windfall came from the cable bundle, where roughly 90 percent of households paid increasing monthly fees for access to vast amounts of content they mostly did not watch. Hollywood revenue became a de facto annuity.

Internet Distribution and Aggregation

Netflix, founded in 1997, also began with distribution, specifically DVDs by mail. Its streaming service launched in 2007, exactly 100 years after the Warner brothers bought their first theater. The differences were fundamental. Internet distribution meant Netflix was available everywhere, with no physical infrastructure to maintain. Every additional customer carried near zero marginal cost, and the potential market was theoretically the entire world.

Over time, Netflix, like Warner Bros. before it, backward integrated into content production. Unlike traditional studios, however, Netflix’s content production has always existed solely to serve its distribution. Netflix understood something Hollywood was slow to grasp. On the Internet, distribution is even more scalable than content.

This is not immediately obvious. Content is scarce and exclusive, while Internet access is universal. Yet universal access creates an abundance of content far beyond what anyone can consume. This shifts power to Aggregators that organize content on behalf of users, delivering a satisfying experience. Consumers flock to the Aggregator, suppliers follow, content increases, and the cycle reinforces itself. Over time, the largest Aggregators gain overwhelming advantages in customer acquisition and churn reduction. That is the true source of their economic power.

Hollywood studios learned this lesson painfully over the past decade. As Netflix grew and commanded a superior stock multiple despite producing what many considered inferior content, studios believed they could win by leveraging their content libraries. Content was king in a world constrained by physical distribution. On the Internet, customer acquisition and retention in a world of infinite alternatives matter more. That was Netflix’s advantage, and it has only grown.

## Netflix Buys Warner Bros.

On Friday, Netflix announced it would acquire Warner Bros. for $72 billion. The deal follows Warner Bros. Discovery’s plan to split its studios and HBO Max from its cable networks. The transaction values Warner Discovery shares at $27.75, with an enterprise value of approximately $82.7 billion.

Paramount had submitted a $30 per share all cash bid for the entire Warner Bros. Discovery business, including cable networks. Netflix, by contrast, is acquiring only the Warner Bros. studio assets. Reports suggest the remaining business is being valued at roughly $5 per share, implying Netflix effectively outbid Paramount.

It is also worth noting the asymmetry in resources. Paramount’s bid would not have been supported by its operating business, which is valued around $14 billion, but by the personal wealth of David Ellison’s family. Netflix, meanwhile, is valued at approximately $425 billion and generated $9 billion in cash flow over the past year. This was not a fair fight.

This outcome aligns with a scenario outlined in 2016, where Netflix was positioned not as another cable channel, but as a dominant Aggregator with power over suppliers. Netflix’s superior viewing experience drove user acquisition. Its user base attracted suppliers, which improved its offerings, which attracted more users. In the most optimistic outcome, Netflix would become the only TV service consumers need.

One obvious path would have been Netflix becoming the primary buyer for Hollywood suppliers, as seen in its relationship with Sony. However, several developments may have pushed Netflix toward outright ownership.

In 2019, Netflix launched Formula 1: Drive to Survive. The show dramatically increased the value of Formula 1 media rights, yet Netflix captured none of that upside. In 2023, NBCUniversal licensed Suits to Netflix, turning a dormant library show into a streaming phenomenon and revealing Netflix’s ability to dramatically increase IP value. In 2025, KPop Demon Hunters became a global hit, largely enabled by Netflix’s algorithmic distribution.

Great content still needs distribution and effortless access to prove its worth. KPop Demon Hunters succeeded on merit, but only because those merits were accessible on the world’s largest streaming service.

Netflix executives appear to have concluded that licensing leaves money on the table. If Netflix can uniquely increase IP value, owning that IP becomes the logical step. Forcing consolidation in Hollywood and removing a rival streamer in the process only strengthens the case, despite the risks and high price.

## Netflix’s Market and Threat

The removal of a rival streamer raises regulatory scrutiny. Media mergers receive intense oversight, and this deal will be no exception. President Trump publicly noted concerns about market share, signaling a lengthy Justice Department review.

This deal differs from past cases. It is partly vertical, with a distributor acquiring a supplier, which is typically approved. However, Netflix is likely to make Warner Bros. content exclusive over time, sacrificing short term licensing revenue for long term pricing power.

It is also partly horizontal, as Netflix is effectively acquiring and shutting down a competing streaming service. Horizontal mergers receive greater scrutiny because they reduce competition. Netflix may argue that HBO Max customers largely overlap with Netflix subscribers, and that consumers benefit by paying for fewer services in the short term.

Ultimately, the case hinges on market definition. If defined narrowly as subscription streaming, Netflix faces challenges. If defined as TV viewing broadly, including linear TV and YouTube, Netflix’s share is far smaller, and its primary threat becomes clear.

That threat is YouTube. YouTube dominates consumer time spent, including on TVs, and does so with content acquired for free. It will always have more new content than any professional studio.

Professionally produced content’s advantage lies in longevity and rewatchability. Libraries matter. Netflix’s ability to make library content more valuable explains why it may be initiating Hollywood’s end game now. The true threat to Hollywood is not just free distribution, but the fact that anyone can now create content, and that reality is already winning in the market.

They pushed all debt to 2029 push br all while paying themselves millions.They will start firing employees once investors start getting pissy but won't lower there salary. What happens when you hire a hillbilly CEO who sounds low IQ.

Confirmed for Digital come January. They've stripped this organization down to nothing, and are so incompetent they can't put any meaningful roadmap or plans into place. This place is truly disgusting and leadership are cowards.

With jobs moving to Mexico and India at lightning speed, I'm sure companies like PepsiCo have a solid plan to ensure US consumers can still afford their products. I mean, who needs a thriving middle class, right? Guess we'll just have to rely on robots and AI to buy all the stuff. Every year there is more hiring and pushing of jobs to Hydarabad. I heard from a colleague that in the S&T townhall, the VP Strat was gloating on how finance function moved all roles to Hydarabad (tongue in cheek laying off US workers).

Seriously though, how do they plan to sustain growth without a strong US customer base and more importantly money in their pockets? Do companies like PepsiCo have a Plan B to deal with the impending doom of a cash-strapped US consumer? Do they just assume people will magically keep buying their stuff despite having no income?

Apple Inc., long the model of stability in Silicon Valley, is suddenly undergoing its biggest personnel shake-up in decades, with senior executives and key engineers both hitting the exits… And more changes are likely coming.
Johny Srouji — senior vice president of hardware technologies and one of Apple’s most respected executives — recently told Cook that he is seriously considering leaving in the near future.
https://www.bloomberg.com/news/articles/2025-12-06/apple-rocked-by-executive-departures-with-johny-srouji-at-risk-of-leaving-next

Another week of high profile corporate exits. Head of channel (VP) out after just 5-6 months in the job. 5th channel leader in 18 months. Replaced by 2 senior directors.

Marketing leader leaving Dec 31.

It seems that this reorg was mainly corporate. Very little in the field (sorry to those impacted). It went from building consolidation, massive layoffs etc to very few. If this is the end FOR NOW they should announce that.

Brandt is once again asking for toys for tots meanwhile we’re all struggling with penny's for raises. Also new people in the same division are being given bonuses when veterans of this place are not? Something’s gotta change. Management has taken a downward turn in the last 10 years. We have greedy clowns running this place. No longer a good place to work. More responsibilities and no compensation. This is bull sh……

Stagflation -

High Inflation - Low Growth.

Is the greatest threat to the U.S. economy (by far).

The Fed lowering Interest rates in the Trump tariff environment will (not) help the labor market (at all).

The Fed should have at least held Interest rates steady this month.

Layoffs continue to Increase, and will ramp up (even more) during 2026 with the (Very strong possibility) of a Major recession; enroute.

Stagflation -

High Inflation - Low Growth.

Is the greatest threat to the U.S. economy (by far).

The Fed lowering Interest rates in the Trump tariff environment will (not) help the labor market (at all).

The Fed should have at least held Interest rates steady this month.

Layoffs continue to Increase, and will ramp up (even more) during 2026 with the (Very strong possibility) of a Major recession; enroute.

http://techrights.org/n/2025/12/12/IBM_Layoffs_in_Europe_as_Well.shtml

When I started here, most of my mentors told me this was a great place—pensions, growth potential, the works. Now, everyone who's still left is straight-up telling me to GTFO. The plan seems to be constant reductions. What used to happen every few years is now hitting 2-3 times every 12-18 months."

Oof, that sounds like a classic case of the ship slowly sinking while the band plays on. If the veterans are all yelling "run," it's probably time to listen. Update that resume quietly!

Be honest , how much say did you all have in the recent RIFs? Or did we really get selected by a program based on years worked and salary ? I say the managers had a say because my manager fired 3 black people. What are the odds ??

For the fourth straight month, California is losing jobs, mostly because tech companies keep cutting staff. No individual companies were listed, but the tech industry overall is taking a hit, affecting the state’s broader employment landscape.