#layoffs

Rumors on confirmed?

I've known this guy for over 20 years. He used to reply to my texts instantly, even on weekends. I know his family, etc. But now he's ghosted me and left me on read. I sent another note, and he ghosted again. How threatened are the higher-ups to speak on their packages?

Layoffs, lean projects, slow attrition, all of it stretching into FY26. Budgets are down across teams, and even if you survive the cuts, raises and bonuses are going to be miniscule or won't even happen. Being kept on doesn’t mean things look brighter for any of us.

First, a federal judge in California blocked the State Department from laying off about 250 employees, many of them foreign service officers (FSOs).

Judge Susan Illston issued a temporary restraining order, saying the unions that filed suit were likely to prevail on their claim that the cuts violate federal law. The State Department originally announced the layoffs in July, but since FSOs are given a required 120 days’ notice, they were not let go during the shutdown. The State Department says the layoff protections only apply to notices that went out starting October 1, 2025.

https://www.fedmanager.com/news/workforce-updates-layoffs-halted-at-last-minute-telework-controversy-erupts

Hold on and wait for the severance package. It’s coming anyway.

Five peeps in 2 weeks terminated, not laid off. I’m not convinced all of them went through performance improvement process. We know job reductions are coming in 2025, is this the norm so they don’t have to pay severance?

I will deeply miss Run With Hans, but I am grateful we have something else to look forward to with Dan being a coffee aficionado. Coffee With Dan! It was so cool seeing him stand on stage with his cup of joe and talking about coffee. It really helped me cope with the layoffs and took my mind off losing 400,000 customers this year. With our Billion dollar Formula 1 contract, I hope he gets all of the executives to attend F1 in Brazil in November. I bet he can have some great coffee while he is there.

Let's go V Teamers!!

Verizon CEO Defends 13,000 Layoffs Amid Market Share Struggles

Verizon’s new CEO, Dan Schulman, has vigorously defended the recent decision to eliminate 13,000 jobs, framing the mass layoffs as an "inevitable" step to save the company from continued decline. In a candid all-hands meeting on December 5, Schulman attributed the telecom giant's struggles to "self-inflicted wounds," including complex promotions and price hikes that have alienated customers and eroded market share.

The drastic workforce reduction, executed in November, was part of a strategy to "simplify" operations and free up capital to improve the customer value proposition. Schulman, who took the helm in October following the ousting of Hans Vestberg, argued that minor cuts would have been insufficient. "If we don’t have enough money to put back into our value proposition to customers, we are going to continue to shrink," he told employees.

The layoffs come at a time when Verizon is grappling with significant performance issues. The company reported a loss of 7,000 postpaid phone customers in the third quarter of 2025, with a churn rate rising to 0.91%. Schulman noted that Verizon has lost 500 to 700 basis points of market share over the last five years. He frankly admitted that customer satisfaction scores are lagging behind competitors like T-Mobile, a situation exacerbated by price increases that have "irritated" subscribers.

Verizon's job cuts were a major contributor to a spike in unemployment within the telecommunications sector. According to data from Challenger, Gray, & Christmas, the industry saw over 15,000 job cuts in November alone—the highest monthly total since April 2020. This move aligns with a broader trend of workforce reductions across the U.S., where job cuts surpassed 1.1 million for the year, with the tech and telecom sectors being particularly hard hit.

https://www.thestreet.com/retail/verizon-ceo-reveals-mistakes-that-led-to-over-13000-layoffs

Layoffs Tick Up Slightly as Job Market Remains Steady Through October

The U.S. labor market demonstrated resilience through the fall, despite a marginal increase in job separations, according to the Labor Department’s latest Job Openings and Labor Turnover Survey (JOLTS). The report, released Tuesday, indicates that the layoff rate rose to 1.2% in October. This represents a slight uptick from the 1.1% rate recorded in both August and September, suggesting a modest shift in workforce reduction activity as the year progressed.

Despite the small increase in layoffs, the broader employment landscape appears fundamentally stable. The data shows that the hiring rate held firm at 3.2% in October, unchanged from previous months. This consistency in recruitment suggests that while some employers were shedding staff, the overall demand for labor had not significantly deteriorated, maintaining a steady equilibrium in the market since the summer.

The release of these figures fills a gap in economic data caused by the government shutdown that began in early October. The budget impasse forced a postponement of federal statistical reports, delaying insights into the late summer and early autumn economy. With the backlog now clearing, the October figures provide a belated but necessary view of the labor market's trajectory leading into the winter.

According to fresh data from the Illinois Labor Department, roughly 692 people at six workplaces were notified last week that their jobs are being cut because of mass layoffs and closures.

https://www.sj-r.com/story/news/state/2025/12/09/nearly-700-people-to-be-laid-off-in-illinois-new-data-shows/87674481007/

• PepsiCo Signals Imminent Layoffs with Work-From-Home Mandate

PepsiCo appears to be the latest major American corporation preparing to reduce its workforce, with reports indicating that job cuts in the United States and Canada could be imminent. The strongest indication of this move comes from a recent directive reported by Bloomberg, which instructed employees in key North American offices—including the company’s headquarters in Purchase, New York, as well as hubs in Chicago and Plano—to work from home this week. This strategy is increasingly utilized by corporate leadership to mitigate the immediate in-office emotional impact and logistical challenges associated with large-scale termination announcements.

The potential restructuring aligns with a broader strategic push to enhance shareholder value and streamline operations. PepsiCo CEO Ramon Laguarta recently issued a memorandum outlining goals for 2026 that prioritize "record productivity savings" and improved operating margins. These changes, which include increased reliance on automation and digitalization, come amidst pressure from activist investor Elliott Investment Management. Elliott, known for aggressively pursuing operational efficiency and cost reductions, recently acquired a substantial $4 billion stake in the beverage and snack giant.

While PepsiCo has not yet officially confirmed specific numbers, executives have increasingly used the term "right-sizing" to describe workforce adjustments. This development follows a smaller reduction in November, where 500 jobs were eliminated following the closure of two Frito-Lay facilities in Florida. The looming layoffs arrive during a mixed financial period for the company; while PepsiCo reported a slight year-over-year revenue increase in the third quarter of 2025, its stock value has dropped approximately 4.5% since the beginning of the year.

https://www.fastcompany.com/91457193/pepsico-layoffs-job-cuts-heres-the-biggest-clue-theyre-coming-as-pepsi-looks-to-right-size-workforce

The Pajaro Valley Unified School District governing board will weigh nearly 160 proposed layoffs, including arts teachers, mental health clinicians, counselors and dozens of special education staff — cuts union leaders say would “devastate” students. Teachers union president Brandon Diniz said he was “gutted” by the detailed proposal released Friday and plans to rally with workers ahead of the meeting.

https://lookouexample.com/pajaro-valley-unified-school-board-to-consider-nearly-160-layoffs-at-thursday-meeting/story

From everything I’ve seen, the only real criterion was the bottom line, which usually means we’ve lost a disproportionate amount of talent. A lot of teams are going to be even more crippled than before. I’m not exactly looking forward to all of us having to pick up even more work to cover the roles that just disappeared.

We simply can't. My group is already stretched thin, and losing even one more person would wreck everything. We’re barely holding things together as it is. How can they even consider more layoffs?

Any clue at all? I know none of us are safe, and rolling layoffs will probably be the new normal, but it would be great to know when this particular nightmare ends, just so we can breathe for a moment.

I was included in the layoffs and a team member just informed me that our boss instructed the team to have very minimal if any communication with me at all through the 19th and after as well. Anyone else seeing this? Not sure what the reasoning would be behind it we normally just have friendly conversations. 😔

Looks like there are more calls. 12:30 and 1:00. Just labeled touch base and from Sr. Dir. Anyone else have any thoughts on what this might be? I’m thinking explanation of what’s going on followed by the new org structure?

Even in the media. Nothing remotely concrete. It makes me wonder if the damage is going to be worse than we originally thought.

Trailer manufacturer Great Dane says they plan to reduce staffing at its Elysburg plant early next year due to weak market demand. Company officials say about 164 employees could be affected, including hourly, indirect, and salaried staff, though final numbers will depend on economic conditions.

https://www.wkok.com/great-dane-announces-layoffs-at-elysburg-plant/

I see that SOBO went through some cuts. I also see that a few posts were removed due to probably using initials of the degenerate directors. censorship is alive and well.

P.S. sorry for the TCE folks who have to see this in their feeds. South Bow doesn't have its own page yet but no worries, it will be a good laugh for you guys.

This is the weirdest layoff round I had to go through in my life, and I've been through more than a few. What the he-l is even happening? All we know is that some people are getting cut, but how many, where, when it will be done, or anything else is just wild guessing at this point. The. Fu-k.

The thought of near-certain severance is the only reason I am still here. Otherwise, I would have left long ago given the uncertainty and constant stress.

I have been here just under a year what is the redundancy package? I know....

ASTLs being offered severance or to reapply for open TL spot end of Q1 2026

Year end is approaching, 5 day RTO mandates are looming, and some of the most experienced, high-impact members of our team are choosing to leave for roles elsewhere. Not lazy, quiet contributors bootlickers were most concerning about committing "fraud. But, the people who have held this division together for years, and have constantly pushed the company forward. Turns out, when people know their worth, they look for companies that know it too.

It is very frustrating to see job postings with the same title that were laid off in October. Why would I apply for this role, will it be offshored soon too? Thinking I will just take my severance and move on. I don’t want to get a new position in Cargill only to go through this again….

We hear the new CEO from his Dec 5th call but what’s next on the roadmap? When in the timeframe that Verizon will again see growth after the Nov 2025 mass layoff? Is Dan really the CEO that can accelerate the change? I wonder.

Well kinda ironic I signed my severance package and since then I am having log in issues and can't get past the VPN. Im in a no fault state and with everything going on. Nothing surprises me anymore.

I can't tell how many total, but quite a few academic positions have been eliminated across all of the schools

Prepare it is coming return to office more days

KM is gone!

Here we go !!!

We don’t expect significant layoffs before end of financial year (Jan 31st). 3Q was good, stock is up and the holiday event seems to be going fine.

Evaluations continue on where AI can be implemented, although progress is slow due to backlog and inability of the tech side to implement and put into production old projects that have languished. Some will be canceled.

Evaluation time is coming up for salary associates so we’ll see the normal reductions based on performance starting March/April.

Probably no significant workforce reductions until the May time frame. Once the new CEO is installed, it’s likely we’ll see some tech leadership turnover to increase focus on project delivery and stability.

We believe several areas are probably safe from the potential 2Q reductions, such as transportation, vision and store staffing. Expect a focus on market management and merchant areas with potential AI solutions to streamline the business side and a renewed emphasis on first to market activities.

We think the biggest resource impact could still be in tech but not until 2Q.

What a joke.

An hour of how great Eliza is. Just come out and tell us that within a few years, we will all be without a job because your precious AI bot will be doing it all.

Hey RV, I think your girl Eliza left a little something on your chin. Might wanna wipe that off

If you're smart enough to read between the lines, you should see BIG changes coming up on the horizon

Stagflation -

High Inflation - Low Growth.

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

High Inflation caused by Trump tariffs.

Unemployment caused by Low Growth.

AI spending helps GDP growth, but U.S. consumer spending is 68%+ of GDP.

Fact -

(U.S.) ISM manufacturing is now (Down) for the (9th consecutive month in a row) due to declining new orders, and service deliveries.

This coincides with the (start) of Trump tariffs.

Hi friends. I have it on good authority that layoffs are confirmed for early 1Q 2026 immediately following the holidays. My source said the board recently signed off on the plan of “execution”. Also a major topic of discussion was to relocate the HQ back to Spring TX due to quality of hires found in Oklahoma. This was a similar strategy of our former company, Southwest Energy said they could hire much better Engineers from A&M and the land people from Okie were non consequential hires basically. Although this appears to be a long term plan for Expand after the dust settles from this 25% layoff. I’ll keep this forum updated with more news and stuff. Happy Holidays, y’all!