#layoffs

Anyone hearing the same? Some let go even last week?

I really hope we find out soon what’s going on. I can’t afford to lose my job right now. It’s just one of those tough stretches. I’m sure I’m not the only one feeling this way.

Newell Brands will cut 900 jobs, or 3.8% of its global workforce, and take up to $90 million in restructuring charges, the Sharpie maker said on Monday.

The company will also close about 20 Yankee Candle stores in the U.S. and Canada, collectively representing roughly 1% of brand sales of the scented candles, by January next year.

https://www.reuters.com/business/retail-consumer/sharpie-maker-newell-brands-to-cut-900-jobs-take-up-90-million-charges-2025-12-01/

I’m done. Why should I work like crazy for weeks after being told I’m out? I’ll be fair and do the bare minimum, which is already more courtesy than this company showed me. Laid off and they still think I should be invested in the outcomes? That’s actually laughable.

Just heard they are being offered VSP in Quincy. Anyone here from there who can confirm one way or another?

Who got there bonuses and cut and ran?

Anyone out there know how bad the layoffs will be on 12/18? Which locations?

I hear announcements of more cuts coming this week to make room for those accepting relocation from other regions.

Is it just the year end rating you get? Or something else too?

Why do the Works Council in BCN keep saying that everything is confidential? Of course they have the list of names to check possible irregularities. It's part of the report provided by the company. The law doesn't make any mention to a confidentiality clause. If you ask about yourself, they should provide the information. I want more transparency and information from them! Plus, I'm really really worried about the negotiations. Unlike the Madrid WC, they've never been able to negotiate much for us. Will they be able to get good conditions?

Given all the pseudo prognosticators of dark times, I haven't heard of any notable layoffs this year in Dearborn.

Anyone receive theirs yet? Just curious how long they will make us wait for it, being the holiday season and all.

Is it true?

Oracle appears to be undergoing a similar situation. Although uncanny, it’s not entirely surprising:

https://www.thelayoff.com/oracle
https://www.thelayoff.com/t/1kawcch11
https://www.thelayoff.com/post/@eq+1karc4qsa

Which companies in this situation will be successful in transition? International Business Machines was successful in the past but with the latest radical shifts in technology, will older companies survive?

It's somewhat interesting to me that BofA would go through the entire process of hiring a bunch of tech employees, fire them all after a few months, then post the exact same job opening - complete with the exact same typos as before. The only thing that has changed is the deadline for applying. Churning and burning your way through talent is a good way to scare off legitimate prospects in the future - word gets out.

As our company fights for direction under this clueless CEO with the motto of “ Do less with less” and the leadership that has no concern for morale or wellbeing of employees it is alarming of the feedback among the people actually doing the work how unsecured everyone feels!!!! It’s no secret that our GOA wells are declining and we have no major plans in sight to keep the pipelines filled. Something big is brewing and we are left in the dark, word on the street is a major change in 2026 is coming.

It feels as though the Splunk BU has drifted off-course, guided by a weak leadership style that inspires more confusion than confidence. In all-hands meetings, what should be moments of clarity and direction often dissolve into polished evasions—answers that circle the runway but never land.

The repeated waves of layoffs have drained the teams of their momentum, leaving many people quietly eyeing the exits. No one seems to understand how decisions were made, and the cloak-and-dagger secrecy around criteria and RIF counts only deepens the anxiety.

Managers now echo the same rehearsed line “I wasn’t involved; the list was made from above without my input" as if it's become part of the official script. The result? A business unit that feels like it’s running on fumes, with trust evaporating faster than morale can be rebuilt.

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

• nov01-nov30: 1614 layoffs, 1327 additions (based on Slack regular tracking)
• oct01-oct29: 1950 layoffs, 1689 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, no public info about other locations available)

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.

LOB and number

Layoffs for Operations and Technology soon with more DC exit?

Visited the offices in IL and TX and there isn’t anyone I recognize in the office anymore. Conferences don’t have any UOP name players. Far fall in the last 10 years. Leftovers.

Just got a meeting request for changes to the organisation that may affect my employment.

Fu-k.

RTO with clients that have signed $80m this year and convinced to go to vcf9.

Disappointed

...Or is there a final wave on 12/9?

Be real. Wells Fargo made money in up years and bad years. It was due to the various lines of business they had. It was a highly conservative and well balanced business plan. Norwest Bank, and then Wells Fargo, was a premier place to work and to put your trust. Until the new management and "new profit" centers were brought in. At that point, the bank, which had been steadily profitable, and a great place to work, began to break down. New managers, who's only thought was the latest FAD, were put in place. Accelerate that to today's situation, and you can see that Wells Fargo has become just another Citi, just another big corporation that is only organized to make money for shareholders. Many long time employees have left. Many have been terminated. Many have been laid off.
You can see where this is going. Fast forward to some unknown economic issue, and the bank is caught flat-footed. Losses. Huge losses. Due to new direction and lack of diversification. All straight line responsibility to the "new management" that have arrived, similar to locusts. Yes, locusts. You see, they bring their fellows. you know, the "yes men" who give good subservience but don't call out the risks. And then, everyone is surprised when the dominoes fall.
What a joke.

Beware! The language in the severance plan is designed to silence you and whatever you have suffered under the WF new "management" style. Its all designed to cover up what they are doing and how they are doing it. Getting rid of long-term, loyal employees and then hiring outside the USA or worse.
Current management in this case is complicit in the overall scheme. They know who is buttering their bread, and frankly, its not the folks who've made the bank successful. Nope. Its the new team, those who came like locusts from other banks.....and who are now reaping bonuses for replicating where they came from. Yes! You guessed it, WF is not getting to be "leaps ahead", no they are just catching up. To jump ahead of the banking group, you'd have to have original, out of the box thinking. And ability to tolerate risk. All of which....the current leadership lacks. And given the brain drain, well then. I think we can all agree.....there is little upside from here.

Were all the CA Optum
Coders let go in the last round of layoffs?
The manager and director in CA as well?

U.S.-based employers announced 153,074 job cuts in October, up 183% from September and up 175% from October 2024, according to job placement firm Challenger, Gray & Christmas.

“This is the highest total for October in over 20 years, and the highest total for a single month in the fourth quarter since 2008. Like in 2003, a disruptive technology is changing the landscape,” said Andy Challenger, workplace expert and chief revenue officer for Challenger, Gray & Christmas.

https://finance.yahoo.com/news/us-job-cuts-surged-183-123000806.html

Anyone know what are the dates for RIFs in December (if any) and January?

We lost two people on our team who were solid in every way, reliable, hardworking, the kind you could trust with anything. Now the workload is barely manageable. And after seeing how the layoffs were handled, I have zero motivation to go above and beyond. The only thing keeping me trying is the rest of the team, who’ve all been great to work with. Still, it’s hard not to think that any of us could be next.

Just in time for the holidays!

Farmer destroyed Comerica, and is riding his golden parachute of $140 million out of the burning carcass. The class action brought by HoldCo that highlights Farmer’s misbehavior and frauds is mind-boggling. We need to take action and join that class action. Farmer sla-ghtered our jobs (once Fifth Third takes over, at least 45% of us will lose our jobs).

Where I am, there’s basically nowhere else to go.

• 'Grand Theft Auto VI' was delayed again to November 2026, roughly around the time of Rockstar Games' layoffs controversy.
• Layoffs at Rockstar Edinburgh cited confidentiality breaches; employees claim union organizing motivated firings.
• City councillor and union push for fired employees’ reinstatement and financial support.

https://www.mensjournal.com/news/rockstar-faces-motion-reverse-layoffs-gta-6-delay-concerns

If it really is next week. There’s too much chatter for it to be nothing. I’m dreading the worst-case scenario, because it feels like it could be a big one.

People leaving in droves. I don’t think this place will hold together much longer. The whole vibe truly feels like prep for a sale.

Happening or not? Any updates?