#layoffs

Anyone hear about another round of layoffs?

Said on Walter's town hall today.

So let me get this straight…

We don’t have any assigned desks but…

1. You can book a desk online
2. If full, join another IDT neighbourhood
3. You aren’t allowed to use other available areas in the building on a regular basis (LOL)
4. In high demand days you will be told which days to work from site
5. Attendance owners are tracking you

This is all absolutely ludicrous and ambiguous on purpose so they can say you weren’t “following the rules” and give you a lower rating at the end of the year.
And they get to determine what it means.

I’m very curious to see how many people worldwide will actually abide by this. I suspect it will not have the effect Wael is hoping it will. After all, you can only inflict this type of pain only if people let you.

After the backlash from trying to take away the purchased vacation, I hope there is a backlash here too. These rules aren’t for the betterment of the company as a whole, it’s Wael’s way to inflict attrition for people to leave on their own accord or to justify laying off.

These “rules” aren’t taking us to better long-term investments, it’s not taking us to better acquisitions.

The same disastrous decisions of burning cash through stock buybacks are being done by Wael all while telling us we can’t sit at the cafeteria if we want to.

“Only then use other available areas”
Only then when? Once? Every time? For a week? The wording is intentional.

It seems to me, Wael doesn’t need any workers at all, he seems to believe he can run the company all on his own. Maybe we should all listen and let him do it.

From where I sit as a person who worked for a company that TU acquired a few years ago, almost all of the technical engineering staff with knowledge and experience of major technical systems that keep the business running have been laid off now. All of the TU staff (mostly contractors from other countries) that have stepped in to learn things still have no clue of how things actually operate even at a basic level. Most don't care to learn or don't possess the right technical and business skills and they rely on those who actually built these systems from the original companies that were acquired to do the real work. But now almost all of those original individuals from legacy companies are gone after many rounds of layoffs.

We're talking about extremely technical systems that interface with thousands of other companies that we have legal contracts with to receive information from and process it every day. Millions of records which generate millions of dollars for TU are being handled by a skeleton crew of incompetent TU staff and contractors now. Not to exaggerate but its now equivalent to a McDonalds fry cook doing complex brain surgery in a blindfold. Yet all of the middle-management play it down by saying, oh it's easy, it's not complicated, and we can handle it. Yet even years later, they still can't complete 99.9% of their tasks without the help of those who were laid off in recent rounds who wound up doing all of their work for them. No matter how many times they were "trained" on something, most still don't grasp what is going on and don't understand these parts of the business.

I have a feeling that very soon those poor companies that partnered with TransUnion to use products and services are going to quickly discover that TU has made blind upper level decisions with no real clue of how things actually operate, what actually they do, how much money they are making them, or who knows how to run, build, and maintain these systems. We were told years ago that this OneTru thing is the answer to everything that all the legacy systems would be migrated over to it within 1 year. Well it's been several years now and we are still operating on the same legacy systems with no end in sight for OneTru. And TU has no one left now that can properly support the legacy systems, fix partner issues, and keep them running after layoffs. Luckily many legacy systems were finely automated, but who is going to be there now when something breaks and partners of TU are going to be ringing the help desk phones off the hook? Are they going to answer and say the truth? "yeah, sorry about that, um we just laid off everyone that knows how to fix your problem, sorry but we can't help you."

It doesn't take a genius to figure out that this is bad business 101. If you want to know what is keeping your business up and running between your golf matches, then talk to the actual people that have their hands in it daily and keep things running for you instead of laying them all off. Don't talk to middle management because all they're going to say is what you want to hear which is a farce, "No worries boss, we got it all under control. Sure, we can do that, we can do anything you want, go ahead and make your cuts, no problems here." Middle-management here is the worst I've ever seen. Have you seen the movie "The office", TU would make the perfect sequel.

Being laid off this round would have been better than staying. The difference between those who were laid off and the existing TU people is that we actually care(d) for our partners and our customers. We treat them like family and bend over backwards to help them when problems arise. We realized the value in those relationships. But all I've seen from the TU staff is incompetency, delegation and arrogance. They just keep playing their corporate games and it's going to bite them hard real soon when the ship starts sinking and everyone who knows how to keep it afloat has been laid off. Mayday.... Mayday... Mayday...

This was too good to stay buried in the replies. The OP is @rm+1kbn0zf88.

Concerned Tufts staff members have distributed a petition in conjunction with Tufts Labor Coalition demanding that no workers be laid off as part of Tufts’ Operating Model Transformation, an initiative restructuring the university’s administrative functions.

https://www.tuftsdaily.com/article/2025/12/staff-members-call-on-tufts-to-avoid-layoffs-in-administrative-restructuring

Let that number really sink in. I always rolled my eyes when people told me to "just be happy you have a job" while I was complaining about all the issues we face day to day, but seeing numbers like this makes me understand, at least a little, why they say that.

Full article pasted below.

https://www.chicagobusiness.com/health-care/hcsc-top-execs-got-big-raises-2024-despite-income-drop

Top executives at Health Care Service Corp. received hefty raises, including multimillion bonuses, in 2024 despite a 54% drop in net income for the parent of Illinois' largest health insurer, Blue Cross & Blue Shield of Illinois.
CEO Maurice Smith earned $34.4 million, a 23% increase from the previous year's total compensation of nearly $28 million, according to financial records obtained by Crain's through a Freedom of Information Act request. Smith's salary in 2024 dropped by $161,000, but he pulled in nearly $33 million in bonuses. The double-digit pay raise in 2024 followed a 26% raise from 2022 to 2023.
The raises, which are in line with traditional hikes in salary and bonuses at Chicago-based HCSC, came at a time when insurance premiums were skyrocketing and health care costs continued a decades-long escalation.
The pay hikes also came during a year in which HCSC recorded an increase in total revenue from $54 billion in 2023 to $62.8 billion in 2024. However, the company saw its own benefit expenses and administrative expenses rise and its insurance underwriting post a loss of $572 million dollars, compared with a gain from underwriting in 2023 of more than $1 billion. All that led to net income of $659 million, down 54% from the $1.445 billion in net income in 2023.
Smith's compensation eclipses his counterparts at publicly traded, nationwide health insurers.
The average CEO compensation across seven leading companies in 2024 amounted to $20.9 million, up 1% compared with 2023, Crain's sister brand Modern Healthcare reported.
Total compensation increased for the chief executives of UnitedHealth Group, Cigna, Centene and Molina Healthcare, while it declined for the CEOs of CVS Health, Elevance Health and Humana, according to filings with the U.S. Securities & Exchange Commission.
UnitedHealth Group CEO Andrew Witty led the pack with $26.3 million in compensation. His compensation rose 11.9%. Cigna President, CEO and Chair David Cordani and Centene CEO Sarah London saw double-digit percentage increases in their total pay to $23.3 million and $20.6 million, respectively.
The 10 highest-paid employees at HCSC received a combined $104 million in 2024, up about 17% from 2023.

Does anybody really believe we'll have more layoffs this close to Christmas? Because I don't.

I left in January because the environment had become way too toxic, and now a new offer just landed in my inbox. The offer itself looks solid, but I am really unsure about stepping back into a place that pushed me out in the first place. I am hoping someone who stayed can give an honest read on whether things are actually better or if it is still the same mess I walked away from.

Stankey unloads Time Warner at a massive loss and passes on this loss to employees. The new owners of Time Warner start a bidding was and make a massive profit. Well done Stankey. Can’t even blame it on Stephenson - divestment if Time Warner is on your watch.

This "leadership" keeps cutting people and stacking the leftovers on whoever stays. They already started again, and I am determined not to take on another unwanted task. We all kept absorbing the hit and pretending it was normal, but that ends for me today. If pushing back puts a target on my back, so be it.

Today’s S&T townhall was a masterclass in corporate spin. They bragged about “wins” and “momentum,” but flat-out refused to address the mess happening behind the scenes. Not a single word about the plants being shut down. No mention of the layoffs already underway. No acknowledgment of the teams stretched thin or the projects that failed.

Leadership acted like everything is perfect while people’s jobs are on the line. They know employees are anxious. They know closures are happening. They know cost-cutting is hitting hard. And yet they chose to pretend none of it exists.

This wasn’t a townhall — it was a PR show.
If PepsiCo wants any credibility left, they need to stop hiding behind glossy slides and start telling the truth.

I know our field folks will say that office workers are a bunch of cry babies, but I am really struggling with the new open seating environment that we went to post-reorg. Employee experience is an important way to keep people motivated, and Chevron not being willing to give me a permanent desk where I can keep a few things have some pictures of my kids says so much about how they care about employees. I have never felt more like a number.

I'm not naïve enough to think they ever really valued us but I don't think it's too much to ask for office workers to have a small bit of space for continuity for ergonomic safety, and so we don't have to lug our stuff home every night or jam it into a locker.

Let's save a bit of money by cramming more onto a floor, meanwhile c-suite bonuses continue be astronomical.

Want to invest so little in me? Don't expect extraordinary effort. Because you have demonstrated over and over that we are all expendable. And when other companies come knocking, I will think long and hard on if Chevron deserves my loyalty.

https://cigna.wd5.myworkdayjobs.com/en-US/cignacareers/?Location_Country=c4f78be1a8f14da0ab49ce1162348a5e

look at the list of people they need in India. if that's your current role then you might want to start writing to your senator, to Trum, etc and let them know about this. because once you get laid off, you will have to sign something saying you can't retaliate, etc, if you want your severance.

People are losing their jobs and we get nonsense holiday parties, harpists playing in the lobby and piano concerts. I have never seen such a tone deaf company.

There’s no massive layoff wave in Wisconsin, but plenty of smaller and mid-sized cuts across different industries are creating a lot of uncertainty. If economic pressures continue, more job losses are definitely possible.

This is not getting better. Time to get out and cut your losses. Nothing is going to change for the better. They have had their chances to do this. Never happened.

At least over the Christmas / New Years holiday you have time to retool and reassess what you want to do.

There is no logical reason under the sun to stay here. Because sooner or later you will be affected and simply be a casualty of this industry.

Make the decision to leave, your decision not theirs. At least you get out with that decency.

Not the place to be guys. Times up totally. The writing has been on the walls for a long time. Sometimes it just takes someone to tell you to read what was written and understand it.

No gold medals for staying here. Just swift kick in the head with an iron boot.

Let’s be real the whole “V Team” notion is a joke.
The new CEO walks around sipping his coffee talking about at least when Verizon lays off people before Thanksgiving, they don’t do it by text message they do it by a phone call. Yay, thank you Dan. This guy is so full of himself.

Then he lets you stay on the books to work during the holidays while the people who stay talk about holiday parties, your mgrs ghost you and you get quietly removed from team calls. Gotta love it. I hope the people who made it, are watching how the laid off ones are being treated. It will probably be worse next time under this new CEO’s regime.

OpenAI won’t deliver $100B to Oracle, struggling itself. So no backlog no pay off of data center nor Stargate. The apps are being replaced by smaller SaaS solutions much cheaper. The AWS and Google connection ki-ls the rest multi cloud. AI theme is not financially valid and AI agents in Apps are just another feature. Nobody new buys apps because AI agents… that’s true.
Time will tell.

Currently at the Irvine plant. Demand has been extremely low for months. A round of RIFs already happened a few weeks ago, followed by an extended manufacturing shutdown where most operators have been forced onto unpaid leave after exhausting PTO. Leadership has openly stated their current strategy is essentially to “wait and hope things improve.” Production numbers continue trending downward, and it feels like another wave of layoffs is imminent. Morale is very low and confidence in management is basically nonexistent right now. Just had to let that out lol

I love how leadership claims forced stack ranking isn’t happening. It is. 100%. India is not part of it. So if your team has 15 US and 5 India the rankings are only for the 15 US. That means one or two of you will get less than meets even if you do meet the job. And even if the Indian team is far worse. We got it in writing which is only because our manager is new and didn’t realize she shouldn’t email that kind of thing. Keep the paper trail coming! Document everything people.

Executives are considering potential budget cuts as high as 30% for the metaverse group next year, which includes the virtual worlds product Meta Horizon Worlds and its Quest virtual reality unit, according to people familiar with the talks, who asked not to be named while discussing private company plans. Cuts that high would most likely include layoffs as early as January, according to the people, though a final decision has not yet been made.

https://www.spokesman.com/stories/2025/dec/07/metas-zuckerberg-plans-deep-cuts-for-metaverse-eff/

Are you ready for that?

Get your CVs ready.

Horrible economic news as layoffs surge to the highest point in years. The USA has laid off over a million people in 2025 and it’s only expected to get worse. These numbers could exceed what we have seen in the Great Depression. In November there were 71,000 layoffs in the United States.

Mostly because of special circumstances, which I know the vast majority don’t enjoy. I get that it would be a blow to most people. In my case, I’m close enough to the base that commuting isn’t an issue. One perk of coming back to the d-mb office? I fully intend to never, absolutely never, be available outside office hours. People forget WFH flexibility cuts both ways. That is, of course, assuming my job isn’t merrily eliminated before I even get to enjoy the fresh air and tranquil office environment.

https://www.efinancialcareers.com/news/citi-job-cuts-2026

I survived this round, but also doubled down on looking for another job. The whole thing has been a harrowing experience. And why on earth do companies post so many fake openings? From where I’m standing, it feels like they’re trying to make our lives even more miserable than they already are. I’m sure there’s some calculated, not-so-great reason behind it.

I haven’t heard any new rumors about imminent layoffs. Have you?

UBS has been cutting jobs as a result of the integration of former rival Credit Suisse, which it bought in 2023.

A reduction of 10,000 jobs would equate to a 9% cut in total jobs for the Swiss bank, which had around 110,000 employees at the end of 2024.

https://www.reuters.com/business/world-at-work/ubs-may-cut-further-10000-jobs-by-2027-sonntagsblick-reports-2025-12-07/

This anxiety is ki-ling me. Not knowing what groups are affected or the rumored groups… someone has to know something…

Many are preparing for Ford.

According to board checks and current rosters, every location in every terminal is laying off employees hired from September 1, 2024 and latter, union officials co-signing off on the furloughs, off in force reduction, or various labels of the same term in every location system wide, based on research and search boards, temple, texas is the only location that hasn’t activated 675 ready to work board, all other locations have already activated and furloughed new hires. Company is staging for mass furloughs in TY&E after December 11, 2025, which is the date that employees will be able to see back pay from new contract, but in turn will be furloughed directly after, prepare yourselves boys and girls, the midnight massacre is coming.

According to an independent arbitrator, Portland State University violated its collective bargaining agreement with PSU’s chapter of the American Association of University Professors (AAUP) when it laid off 10 non-tenured track faculty last spring. The arbitrator is now calling for all faculty members represented in the case to be swiftly reinstated to their previous teaching positions with back pay.

https://psuvanguard.com/psu-must-reinstate-10-laid-off-faculty-members-with-back-pay-according-to-independent-arbitrator/amp/

Every message from leadership sounds like a template written by someone who never met a real employee. They keep talking about strategic focus and long-term vision while people pack their desks quietly. Talk about a disconnect.

Can somebody name one thing that improved since the last reorg that cost so many people their jobs?

At my last job, we had been restructuring, updating manuals, doing extra audits, but I brushed it off. Then one coworker got cut. Soon, discussions about automating tasks began. A month later I was handed the pink slip. Looking back, the warning signs were glaring. Only I didn’t want to admit it. Painful lesson. Make sure not to repeat it.