#layoffs

Private equity will put the final nails in the Verizon coffin. Hans did his job for Blackrock.

"The consulting firm Challenger, Gray & Christmas reported that 2025 layoffs have reached recession-levels, totaling about 1.1 million cuts, including 153,000 in October. Employers cited cost-cutting and AI as drivers, with technology, retail, service, and warehousing sectors hit hardest. The firm reported that technology firms have announced roughly 141,000 job cuts this year, a near 17% increase from 2024."

If you’re a manager you have probably already been asked to provide numbers.

I expect at least a 10% cull across all/most teams in February before the end of year reviews.

Getting rid of many managers and collapsing them to ICs and creating teams with 1:20 or 1:25 even, was done to make it easier to give up headcount. It was always going to be the next phase. They are speeding up the next phases of cuts

With the holidays coming up and all these much need layoffs being executed, how is the business continuity planning going, Alvind ? Shareholders should ask the question and you continually lie whenever you go in front of the media to talk about layoffs :

https://www.youtube.com/shorts/exV3avZIa9w

Net hiring up ? where exactly ? India as usual ? Who gives a darn when you are running a public American company and Americans are being laid off. Your compensation and those of your Pipmunks needs to be re-balanced (downward direction) for your failures. You are getting excessive compensation for your lack of management. As a CEO, you are an abject failure, not a great employee. And you contradict yourself in the same interview and you know it. You are an excess to IBM requirements.

We are already a small team - anyone knows if there will be any impact in legal department?

A 15-hour (!) outage wiping out $1.1B, because spreadsheet pushers and senior management became dominated by folks that knew almost nothing about how AWS worked. Classy! Keep those layoffs coming!

While the RIF may be needed to cut cost and financially support or spend on new areas but the outcome of a quick decision like this usually does not work out from my experience. The employees did not get much time since the announcement was made. My concerns is they will be cutting people not having enough time to look at their scope of work. A poor judgement will be made. The leaders should have taken their time to do this exercise. That way we could have kept the right people or department to support our customers and the network. I just do not get what is the hurry for…

There is more information about this mass layoff on every news website. Reporting to work as well as all internal websites is like crickets, no information - like nothing is happening. Next time please let the employees know they are getting let go before it hits the news. This suspense is ki-ling me - Do I stay or do I go, just tell us already who is being affected.

The departments and roles most at risk in Verizon’s current layoff wave are those in non-hub locations, remote-only roles, legacy functions, and middle management, with a particular emphasis on areas not directly tied to core business transformation or strategic platforms.[reuters +3]
High-Risk Departments and Roles
• Remote/Non-Hub Employees: Workers based outside core and business hub locations or those exclusively remote are the primary targets.[remio +2]
• Middle Management: Over 20% of management roles, especially those with duplicative functions or not clearly aligned with growth priorities, are flagged for reduction.[finalroundai +1]
• Legacy and Support Functions: Departments relying on old technologies, process-heavy support teams, and administrative roles—especially those made redundant by automation or digital platforms—face higher risk.[remio]
• IT Support and Operations: Routine IT, helpdesk, and non-strategic operations, particularly those not driving cost savings or transformation, are being streamlined.[remio]
• Finance, HR, and Shared Services: These centralized functions face consolidation, with job loss risk greatest for those outside highly specialized, strategic, or compliance-driven roles.[fortune +1]
• Sales in Declining Markets: Sales teams in underperforming or shrinking segments are seeing targeted reductions, especially if their territory overlaps with others or shows declining ROI.[deccanchronicle]
Safer (But Not Immune) Roles
• Employees in critical, revenue-driving, or transformation-aligned teams—especially in core hubs—are less likely to be cut, but all business areas are under some level of scrutiny this cycle.[reuters +1]
In summary, remote workers, non-hub office staff, duplicative middle managers, and those in legacy support areas face the highest layoff risk at Verizon during this restructuring.

Adobe has chosen not to give an FSA lump sum at the start of 2026. Something they've done since I started in 2011. Rather, they are going to spread it out over January to October. That significant change, among many other things I'm seeing around AI, suggests to me that they are aligning corp expenditures around planned mass layoffs at some point in 2026.

Anyone else think that this week’s productivity will reach an all time low? Is there any hope of it improving the following week? The only chance management has of rallying the workforce is to significantly cut the bloated layers of management. Leaving the old CEO on the board for another year sent a loud and clear message regarding Verizon’s non-commitment to change. That was a very stupid move! Telling the entire workforce that they would find out in just three weeks if they still have a job is just off the charts D-MB! If Verizon cuts front line employees without cutting significant management you might as well lock the doors and sell off the assets.

This site has been great therapy for me. It’s so hard not to be bitter about the situation, our leaders, and all of the uncertainty. Verizon & all the great people here have given me so much over the last 15 yrs. I’ve had the time of my life, hoped it would last, but nothing is forever. I hope it ends well for all of us, but I will tell you that many of the best outcomes in my career came from situations I never planned and never had a say in. Best of luck to all of you!

So once their done destroying the management already heard rumors that the unions already cut a deal with the company to settle the contract .They already came up with a plan to sell it to the membership as if it was the best they could Do .It will be just more of the same .Anyone thinking that their going to get all kind of concessions from company is nutz.Company nor the union want a strike

I’m in cell site real estate and my manager said we’re most likely safe. Manager heard nothing as far as RIFs go. Working from office 3x a week.

Does anyone else work at Hidden Ridge?

Have any stores been notified of being closed or converted to indirect? What about the ops support people? If these stores close down do they cut their ops person too?

ExxonMobil is set to lay off 2,000 workers globally as part of a restructuring plan aimed at improving efficiency and consolidating operations.

Overview of Layoffs

Number of Layoffs: ExxonMobil announced it will cut 2,000 jobs worldwide, which represents about 3% to 4% of its global workforce of approximately 61,000 employees.

Affected Regions: The layoffs will primarily impact operations in Canada and the European Union, with 1,200 positions expected to be cut in Norway and EU countries by the end of 2027. There are currently no planned job cuts in the U.S..

Reasons for Layoffs

Restructuring Plan: The layoffs are part of a long-term restructuring strategy aimed at cutting costs and improving operational efficiency. ExxonMobil is consolidating smaller locations into regional hubs to enhance collaboration among employees.

Market Conditions: The decision comes amid fluctuations in global oil prices, which have prompted many energy companies, including ExxonMobil, to reduce their workforce to maintain profitability in a challenging market.

ExxonMobil has stated that the restructuring is necessary to align its global footprint with its operating model, emphasizing the need for collaboration in a rapidly changing energy landscape. A spokesperson noted, "Our global office network was established decades ago under very different circumstances".
Global News

These layoffs reflect broader trends in the oil and gas industry, where companies are adjusting to lower prices and focusing on efficiency amid ongoing market volatility.

I know RIF casualties are supposed to get a few weeks of medical coverage after we depart, but assuming you don’t quickly find another job, what’s your plan for medical coverage? ACA? COBRA? Private plan?

Can someone that gets the axe and works for HR come here and spill the beans about what really has been going on?

Is hr or the boss giving us info on Munday

Over a couple years ago, Verizon leadership sent 3500 Verizon employees to HCL. HCL has let go 99% of them. Customers are leaving because they don’t want to deal with India, or the incompetence of HCL. I hope Gina, Kyle and the rest of the complacent leadership gets booted. I know they will cut more of the business unit. To best of luck to those have been through a lot since MCI.

The useless and id--ts are still stuck around look very suspicious and nervous at this place while the talents are still pushed out secretly.

Anyone know how many people put in for EOI (expression of interest) in Alaska? I heard 99% that put in got one 😃

Tis the season

Does age and tenure have anything to do with who gets picked for lay off. Wouldn't company have to pay more in severance if they let go someone with 25 years with the company as oppose to 6 years? So last in first out would save them more money?

Get ready boys because the layoffs will be coming to our area soon. Meanwhile, our union works against us. The girls from AT&T that run the union are helping them Find ways to get rid of all of us. The union is no longer an asset to us. CO techs, splicers, and anyone working outside plant tickets. Patty doesn’t care because she’s close to retirement anyway. She is an evil person.

This is absolute fact. They are working on the layoff plan right now.

Country specific as each European countries have different layoff laws.
A lot of field sales will go.
Accounts will be managed centrally in a lot of cases. Enterprise contracts won’t be renewed as they come up on term.
This is what happens when you run a company into the ground.
The international VBG backbone network will massively shrink in size, countries will be exited..
the on again off again BT global JV or merger seems to at least being discussed again.. And or rumours of VBG enterprise going to HCL.. that I doubt though as when MNS went to HCL they let HCL RIF everyone who transitioned over.
Can count on 1 hand the amount of large clients left… cost base is approx double actual revenue has been like this for a decade and year on year getting worse.
Basically looking at a VBG exit strategy internationally.. This is what Dan meant in Q3 analyst call - we have parts of the business that are costing us Billions in margin.

I know these first few days after a layoff hit like a truck, and it feels like your whole world got reset overnight, but I promise the sting fades faster than you expect. Right now your main job is hunting for the next one, so treat it like a real schedule. Get up, get moving, send out applications, reach out to your contacts, tighten up your resume and profiles, and push through the morning and early afternoon. After that, force yourself outside. Walk around, lift something heavy, help out somewhere, or just sit where other people exist.

And do not let what happened define who you are. A job is not an identity, and the place that cut you loose was never meant to be a support system. This economy has been unstable for years, with people constantly getting pushed out and pulled back in. Folks lose work, they regroup, and they end up in better spots than the ones they left behind. You are not falling behind, you are not damaged, and you are not isolated in this. Keep putting one foot forward and each day gets a little lighter.

Network equipment provider Nokia plans to close its Munich site by 2030. According to the IG Metall, over 700 employees in Munich alone are affected by the decision. The layoffs are to take place in two waves: over 300 jobs will be cut nationwide as early as 2026, and further jobs in Munich will be lost by 2030. Nokia confirmed the closure when asked by heise online. It was a difficult decision to ensure Nokia remains competitive in the long term.
https://www.heise.de/en/news/Nokia-plans-to-close-Munich-site-by-2030-11079263.html
https://atlantisthemes.com/austerity-measures-nokia-cuts-jobs-the-munich-site-is-scheduled-to-close-by-2030/

Apparently AT&T is going to target laid off Verizon employees with switcher discounts. Absolute savages

Unknown number of employees

Seems Alaska wasn’t hit as hard as other places.

"Today we've made the difficult but necessary decision to reorganize Crystal Dynamics' studios and teams. As a result, we've parted ways with just under 30 team members across various departments and projects as we restructure the company and business for our next generation. Crystal deeply thanks all of those impacted for their incredible talent, hard work, and dedication, which helped shape the studio in so many ways. We are committed to offering our fullest resources and support to you during this transition.”

https://www.notebookcheck.net/Crystal-Dynamics-announces-new-layoffs-and-it-s-worrying-for-the-next-Tomb-Raider-game.1163412.0.html

It really could have been worse when you think about the numbers people were throwing around earlier, because there were plenty of conversations where folks talked about 20,000 cuts or even 29,000. I guess that makes 15,000 feel almost like the least awful version of the situation. Still bad, though.

Nearly 300 people are set to be laid off from a Connecticut personal care brand company and the company says it also will close a plant here.

https://www.courant.com/2025/11/15/one-of-largest-layoffs-in-a-year-coming-to-ct-this-one-includes-almost-300-people/

Layoffs at Pottstown Hospital are raising new concerns about access to medical care in western Montgomery County, writes Jim Melwert for KYW Newsradio. The cuts are part of a 350-person reduction across Tower Health’s network.

https://bucksco.today/2025/11/health-care-desert-pottstown-hospital/

T-Mo planning a 10%+ cut in force and is gunna use the VZ announcement as cover. We’ve being used!

If yall haven't noticed the layoffs have started and there is more to come. They are staggering it to avoid WARN notices.

P&G has proved that experienced hires will always get step child treatment.

Believe it or not. But the upcoming layoffs on november 20th is just the first round. The company is still planning to finish q4 sales strong, so they aren’t intending to hit front line workers hard at first. Expect the second round around late Q1 2026 5k-10k layoffs. These numbers will be determined by how the business has performed post the Nov cuts.

Dont get too complacent, this is just the way of life now in corporate america. With the age of AI & the current economy, cutting cost is the first prio to companies. Stay strong & work hard, everyone is replaceable & no one is entitled to having a job if you’re not contributing enough value.