#layoffs

Lenox and Northpoint massive layoffs and transition to Dallas and India contractors. Stankey should be more furious over data leaks of consumer information. Georgia migration set to be complete by Q2 2028 with more aggressive timetable in the works. We all knew this was coming so not sure why Stankey thinks he is in the sly. I mean he did aid TMobile to a massive stock price and give away shareholder wealth of $100B along with Direct TV and Time Warner Synergies. Stankey is synergystic at vaporizing shareholder money.

Has anyone heard anything concrete about more layoffs coming?

If someone is telling you not to talk to those of us who were laid off because you might “catch” whatever we have, please ignore that advice.

We’re not contagious. We’re just people who got caught in a business decision.

Getting laid off is socially strange. Suddenly people who were friendly colleagues start treating you like you have a disease they don’t want to catch. They were work acquaintances, not real friends, and layoffs expose that pretty quickly.

Here’s the thing: your loyalty and tenure aren’t going to save you if your number comes up. The people who distance themselves might be on the other side of this tomorrow. The ones who step up and stay human through this? Those are your real friends - remember who they are.

If you’re being told to avoid us, ask yourself what that says about the culture you’re working in right now.

Every week someone new is gone, but no one says much. A couple retire, a few quit, and others just quietly vanish after those small layoffs. It’s strange walking in and realizing another familiar face is missing again. I think this slow drip is going to drag on for a while.

https://www.engadget.com/gaming/blizzard-teams-working-on-hearthstone-and-warcraft-rumble-unionize-182104024.html

Serious question. What happens if we are able to organize a strike so that none of us works if even one of us gets laid off? They need us to work. They can’t afford to lose all of us. We can stop the layoffs if we band together!! Enough is enough!

Twenty-four years in the same system — and what we celebrate is endurance, not progress. HR calls it loyalty. Most of us call it survival.

Look at that photo parade of executives. They’re not symbols of a healthy company — they’re evidence of what went wrong. These people are responsible for Verizon’s decline, not because of who they are, but because of what they failed to do. They traded competence for branding, strategy for slogans, and accountability for optics.

Upper management turned visibility into the goal. Titles grew; real responsibility shrank. While they polished personal brands and ran PR campaigns, the work that keeps the company running — the network, the customers, the finances — quietly eroded.

This isn’t a comment on gender or diversity. It’s about a leadership culture that values appearance over results. They didn’t inherit a broken company — they perfected how to hide failure. And now, as another round of layoffs nears, they’ll post about “resilience” while others pack boxes.

Smiles don’t fix towers, routing, or cash flow. The pictures tell the story better than any press release.

Isn’t it or shouldn’t it be illegal to force managers to rank employees and making sure at least one or more are below a meets? Between layoffs and firings departments got rid of low performers now only to leave the existing employees to pick up the departed employees work and now some to be hit with a not meets. and if managers don’t do this then they get the not meets.

Something seriously needs to give. We get they want to get rid of tenured skilled knowledgeable and possibly higher paid employees so they can bring in lower paid college grads but do they seriously not realize the risk they are opening themselves to? It’s a matter of time before the regs hit again and this time it’s bc of the lessening of controls and people working that have no idea what a control even is let alone fix a problem. Then they will want to bring back all the knowledge that the let go.

The day starts just like any other. You are asked to remain close to your station in the event you are selected, and the selection process usually is undertaken in the morning. It’s a nerve wracking day and you can’t help but stare at the door or entrance you know supervisors or managers would enter if you’re about to get let go. But I’ve been through 5 or so of these staff reduction days by now. Perhaps my number is up this round, maybe it isn’t, it’s out of my hands. What I do know is if my supervisor does come through that entrance this time around, I’ll be professional and gracious for the package, and that I’ll also be wearing different colours by year end.

https://deadline.com/2025/10/paramount-layoffs-1236590482/#comments

10/28 is the day.

"Note, the pink-slipping in late October is only the first round with layoffs expected to continue until the end of the year."

These assh*les

This feels so surreal. I’m not on the org chart. I guess this is my last few weeks here.

With the number of layoffs since 2022, does anyone know how or who selects the people or areas that get hit?

Is it HR?

Earlier this year when a girl on my team was notified, our ED said she didn’t know until that morning and my director said he found out just 30 minutes prior to telling us.

ttps://www.thegamer.com/call-of-duty-glen-schofield-microsoft-bad-for-series/

https://www.theportugalnews.com/news/2025-10-17/microsoft-portugal-laying-off-staff/903811

Anyone else?
I've read several posts here and elsewhere that Cigna-Evernorth-Express Scripts Layoffs in first and second quarter of 2025 targeted employees with open, active, or recently returned FMLA. I was told job elimination. I was given 2.5 month with LHH but could never get communication from Rep for job postings. Spoke to co-workers in positions I applied that were hiring managers and they never received my application. There also seems to be several people over 40, within months of 20 years, and with high cost health conditions that makes me wonder why such a high percentage of this population seems to have been targeted when same/similar roles and titles of under 40 and without FMLA were not. Can companies access health records to thin the herd?

It’s been a literal bloodbath, with little to no official information, and people are reporting layoffs basically everywhere. The US seems to have been hit especially hard. This tells me we’ve been in worse shape than anyone thought, and that this round is just the beginning of more chaos. If the rumored numbers are true, there’s no coming back from this to anything even remotely resembling BD as we knew it.

Comcast Corp., owner of the nation’s largest cable TV and broadband provider Xfinity, informed the state on Wednesday that it will eliminate 302 positions at its West Division office in Centennial at the end of the year.

The company, one of the largest private sector employers in the state, said it would close its West Division headquarters at 9401 E. Panorama Circle in Centennial as part of a larger streamlining that will remove all three divisional headquarters.

https://www.denverpost.com/2025/10/16/comcast-layoffs-centennial-colorado/

This whole thing’s being handled so badly it’d almost be funny if it wasn’t so sad. Too bad these are the ones deciding all our fates. We all know we’re sc--wed.

It feels like every few months someone else is being shown the door, and it’s taking a real toll on what’s left of the team. We lose skilled people faster than we can train new ones, and the work keeps getting shuffled around until no one really owns anything. Morale is at rock bottom because nobody knows if they’ll be next, and that kind of fear makes it impossible to do your best work. What’s worse is watching all that experience walk out the door straight into our competitors. If leadership doesn’t stop treating layoffs like a fix-all, there won’t be much of a company left to rebuild.

Nothing yet filed for Target for 2025 -

https://mn.gov/deed/programs-services/dislocated-worker/dislocated-worker/news/

Don;t know if this is the "official" place to see these, but this is what I've used before.

Hi Y'all, I know I am the worst thing that has ever happened to this once great firm. I know I am bringing the worst leaders the business world has to offer in and giving them GP payouts from day one instead of rewarding the long-tenured associates who have helped build this firm to what it once was before I took over the reigns. I know I personally brought in DC, the most cringeworthy leader in the history of the world. I know I am not qualified to lead a group of first graders on a school field trip. I know I have lost the trust and respect of everyone at the firm, including those closest to me even if they smile at me while I am in the room. But, please grant me grace. I only have a few more years until I age out of my position. That means I only have a few short years of attaining my vision of cashing annual checks in excess of $29 million while cutting people making $50,000 per year and deciding which utility bill to pay this month. You people do not understand how tough of a position I am in. This is about me and how you can serve me, oh and the firm, don't forget about the firm, oh and the clients, can't forget about the clients, I guess (McKinsey, am I saying that right?). Remember, this is not about you and your lives. You are just cogs in the bigger picture of allowing me and my husband to fulfill our dream of running a Fortune 500 company that has excelled for over a century into the ground and then taking a golden parachute as I leave a trash heap for those who remain. Please grant me grace. It is tough when I see someone knowing they secretly hate me. The rest of the associates at the firm have it so easy. You guys show up everyday, do a great job, treat people with respect, and have integrity. You guys are respected. You do not know what I have to deal with being not only not respected, but despised. So, please grant me grace as you sit in your unheated house because you cannot pay the power bill this month. My life is tough. You little people will never understand how tough my life is. Ok, I have to go now. I have another summit to attend while wearing an airbrushed blazer speaking to branch associates because I am afraid to address home office associates now. I have to practice pulling the wool over people's eyes who are not in the home office and may not know what is going on. Remember, "We are all One Edward Jones (well, until I lay you off and give your job to someone in India)!

A month after the CDAI head got layered, nearly all of his directs were let go or moved elsewhere this week. We all saw it coming as this was a poorly run org that SVP never cared for.

Boston consulting group was brought in and looked at RD TES and EHS. Look for more layoffs in these areas. EHS aligned to M&E likely will be a hit here too

Are we paying attention to FRED - why are banks frantically sell off Treasury bonds and Mortgages?

Banks are saying they have a capital and liquidity issue. They are selling off all their bonds (like taking your gold and diamonds to a pawn shop) and mortgage securities (like taking your clothes, food, and furniture).

USAA (and navy fed) is in a worst case scenario as most of our deposits come DoD / Government pay (or social security) food stamps no longer being paid out, etc.

2021: zero banks went to repo market to sell or "pawn" assets
2022: zero banks went to repo market to sell or "pawn"assets
2023:zero banks went to repo market to sell or "pawn"assets
2024:zero banks went to repo market to sell or "pawn"assets
2025:zero banks went to repo market to sell or "pawn"assets
2025: Sept $6.5B in treasury and $1.5B in Mortgage Backed)
October: $6.6B in treasury and $8.6B in Mortgage Backed)

Also, look at the dates - its right before pay day. USAA was expecting $7B in direct deposits on the 30th and 15th. In Sept we utilized the remaining liquidity we had and went to repo market. In oct looks like we sold a LOT and are paycheck to paycheck.

Layoffs will be the least of our problems - hint, change your direct deposit to your alternate bank. Another hint, yea someone will most likely bail us out - but with their company.

(this topic is much deeper and more complex) this is just the high points with a few facts.

https://www.newyorkfed.org/markets/desk-operations/repo

Imagine how bad the Q3 results are. I was pi---d and I'm not happy to be in these cuts and scrambling for work, but I am happy to be out of that toxic mess. Please let us know who were cut what a mess the next town hall or the earnings call is.
Soulless pricks in this leadership team that has buried a 120 year old company. What a bunch of complete losers.

Word has it that from Dec those not already claiming will be barred from entering EAP for OOK. Let’s hope the VP get cold feet.

Can somebody PLEASE state if they've started notifying people already or if the layoffs will start sometime next week or at some other point in the future? The lack of available information is stressing me out, to put it mildly.

I like to drink beer while working.

Not trying to stir it up but someone outside of Chevron was told by a Chevron insider that there’s another layoff coming soon. Anyone else heard the same?

Trolls bug off.

fun fun......

Restructuring Budget (FY 2026): Up to $1.6 billion
Implied Layoffs: ~10,000 – 20,000 employees (depending on mix of roles and regions)
Early FY 2026 confirmed layoffs: ≈ 3,000 – 5,000 publicly reported so far

Remaining reductions likely spread through late 2025 and 2026 as part of Oracle’s AI-driven reorganization and cost optimization efforts.

Had long talk with my VP. Confirmed large cuts and outsourcing 2026. Budgets close to final 2026 but churn still and earnings. I am probably safe he emphasized LBT wants radical change but feels most old timers are lost entrenched and beyond change ability. Losers. Bringing in new talent at top level and at every single level. Expect focused effort at removing all managers directors VPs which are not top 25% and not Dee technical Same with Gr9 and Gr10 Eng who haven’t implemented or wrote specs in years. get rid of PowerPoint professionals.
Going to be a wild ride. 2025 looks like minor change to what is ahead.

Are there going to be layoffs at the local O&Os?

Any layoffs in Atlanta office?

Any details on what happened today?

VCG Operations, CX
Value Operations, CX, Marketing, anything and everything that can be outsourced
Training
HR

so do not complain here, just go and see what other companies are doing.

it's rough.

I’m hearing a lot of rumors about possible RIFs at Verizon, and I’m wondering if anyone knows whether remote or hybrid employees could be more at risk. Do you think Verizon might target work-from-home employees first, or is that just speculation?

I’d like to hear what others are seeing in their groups and whether RTO status is actually a factor when it comes to layoffs.

Electronic Arts (EA) was recently bought out by a consortium that is made up of Saudi Arabia's Public Investment Fund (PIF) and Jared Kushner's Affinity Partners investment firm for $55 billion. Now, a union representing EA workers has publicly opposed the sale and privatization of the company, saying employees weren't properly represented during the sale negotiations.

The statement names the United Videogame Workers-CWA Local 9433, along with the Communication Workers of America (CWA), as now very concerned that the privatization of EA will lead to company layoffs. The union states EA is "not a struggling company," with "annual revenues reaching $7.5 billion and $1 billion in profit each year".

https://www.tweaktown.com/news/108308/ea-workers-fight-back-union-slams-dollars55-billion-saudi-backed-buyout/index.html

That’s insane if true. Can anyone confirm or share details? This is beyond alarming. Good luck to all of us.

When’s the breaking point, the moment everything just falls apart because so many critical roles are gone and there aren’t enough skilled people left to carry the work?