#layoffs

Sold to private equity firm to Thoma Bravo and lots and lots of layoffs.

Subsea layoffs it's official now! Moving folks into one regional group most likely off shore!
Leadership Failed Us and lost the contracts and all have received their Golden Parachutes while the rest of us Peasants deal with the crumbs and fight for little of what's left. Brace yourself winter is coming!

Fiverr announced on Monday that it will lay off around 250 employees, or roughly 25% of its workforce, as part of a sweeping plan to transform the company into what its founder and CEO Micha Kaufman described as an “AI-first” business.

https://www.calcalistech.com/ctechnews/article/my0gxhpzg

Was just announced this morning in a salary meeting that 101 wage employees will be laid off in waterloo and surrounding area.

Tony want everyone to sell both portfolios? Huh? Cuts happening. Who getting it?

Disclaimer: The individuals I am talking about is not the SD/VP/SVP... of Nike

It's just heartbreaking to see laid-off/open to work posts from such talented individuals of Nike, I am so sorry and sad that we are going through this !!

https://m.independent.ie/business/bny-to-shut-its-cork-office-affecting-up-to-200-jobs/a1746064042.html

Not sure what’s happening in Ireland, a lot of people are going and have left. Not sure if there getting redundant package. I think most are leaving because of attrition. Any know what’s happening here

I was on the elevator yesterday with managers talking about a Senior Executive is visiting our site 9/16/2025. When this happens there's always displacements. Please displace me today. Displace me with severance please and thank you. Anonymous.

Sep15 6am UTC - Sep16 6am UTC totals: 78 layoffs, 265 additions.
September totals (except Sep01): 4782 layoffs, and 544 additions.

Methodology and day-by-day breakdown is in comments.

There was a time when only underperformers were at risk, but that’s long gone. You can get a pat on the back today and be cut tomorrow. It’s stressful to always wonder if you’ll be next, and it makes showing loyalty feel pointless. Hopefully, the job market improves and we can all leave before being kicked out.

Is it just me, or is everyone exhausted from these constant cuts? I’m this close to walking out no matter what happens next.

Confirmed some NY layoffs Sep last day! Tampa, TX update?

Sat in on my L3 call given he was out PTO. AVP has announced network wide large cut of L1/L2s across Anatomy, Leggy, and Greendick organizations. Capex/Expense being cut for automation given known reduction in workforce. End of payroll is before EOY. No preferential treatment for Dallas and Atlanta employees. Sorry to those that recently moved.

RTO is old news. Yes we have returned to BAU cuts.

So those in the know, what does this week hold? Layoffs or reorganization? Or are they still preparing?

As thought process is machines will replace engineers and more focus towards AI enablement this year, which means more cuts next year 🤔

Are we going to make it to the end of the year without a RIF? What's the rumor mill?

Fair enough, Leslie and Angie. But honestly, the real BS at Verizon hasn’t been the outside noise — it’s been the inside story. Years of layoffs, a wireline business that’s basically gone, and leadership that’s lost the plot. That’s what people are reacting to.

Nearly 300 employees at the farm management company NWFM are set to lose their jobs.

The Washington Employment Security Department announced that NWFM is expected to permanently lay off approximately 283 workers starting November 15.

https://www.khq.com/news/farm-management-company-to-lay-off-nearly-300-workers-in-washington/article_f453364a-75b5-4b3d-bba7-c1e0d6d79529.html

So did all updates stop at 2020 ? What happened everyone scared to share information ? What the company has an NDA everyone or something ?

I heard these weirdos trying to down size some are sharing it some are not, some are trying to be sneaky about it.

Doubt it, but I guess we’re supposed to “hope”.

The worst part is knowing this won’t be quick. It’ll drag on and put everyone more on edge by the day. Most of us are just clinging to the hope of keeping our jobs, because opportunities out there are slim to none. That alone will fuel frustration and anxiety. I’m not looking forward to it, neither for myself, nor for all of us who’ll be stuck in a horrible atmosphere that could last a long time.

The Consumer Financial Protection Bureau (CFPB) warned employees last week that workforce reductions may be necessary to meet new Congressional funding limits, according to an internal email described in press reports. The message asked staff to keep their résumés updated and noted that a formal restructuring remains on hold pending court outcomes, but that a reduction in force is under evaluation to align with the smaller budget, Reuters reported.

https://nationalmortgageprofessional.com/news/cfpb-warns-staff-possible-layoffs-funding-cap-looms

There’s a heavy feeling of dread and uncertainty in the fraud call center. Employees are posting out to other jobs or going out on leave. Directors and upper leadership are silent but we know they must notice what’s going on too. I hate to feed into a rumor but the silence is loud.

Go to 3204 local site. Look under files tab . BST 4th qtr 25 surplus

It will be announced in a few weeks. OpEx is being hit hard. 25% of some teams, some more.

🤞

(🙏 oh please, oh please, oh please...)

Any other teams just kind of hitting a wall? No one on my team is really motivated, and I think everyone is just burnt out. No hiring, but layoffs and zero company loyalty will quickly destroy whatever pieces are left of this place.

Thought there was supposed to be an impacted departments announcement september 15th

RIP tech support, you will get the info this month

Please mark your calendars for the next Dermie PŌM event, which will take place on September 25th. Our esteemed CFO will be delivering remarks on various topics, including his increasing personal wealth and the effectiveness of the PŌM model in leveraging costs without relying on an experienced U.S. workforce. He will also address how we thrive together with strict RTO policy controls, seating assignment charts and the sudden non-performance of 25% of the BNY global workforce

Furthermore, he will convey his deep personal regret regarding the strategic realignment and why it means that your job and mine may no longer be needed. This should be an interesting and informative session, so I encourage everyone to attend and listen to what he has to say.

before oct ends

Things continue to get worse. Forced selling on 9/22 from the index.

The bank wants its on-shore employees to be gone.

Many (most?) of these same employees hate their jobs but are unlikely to leave due to the current job market. It's hard to spend all day in a job you hate and then find the mental/emotional energy after getting home, dinner, etc to job hunt. It's not impossible, but difficult.

Enter severance.

If the bank is worried about high performers leaving, they can stop worrying. Disengaged employees are not high performers. People perform highly when they like their job.

Nearly all employees that would take the voluntary buyout are exactly the employees the bank wants gone anyway.

The bank keeps hoping that people will leave on their own. It's not going to happen. Wells needs to take lead on this.

Until then, the armies of unhappy employees will continue to do the bare minimum. I don't understand how the bank sees this as the better option.

Due to both offshoring and reorgs, this org finds itself overstaffed.

It's incredible how long this is taking to correct.

Most will retain their jobs, but getting rid of the relatively few unproductive folks shouldn't be this difficult.

Wells would rather continue paying salaries, benefits, and bonuses to these people 🤷 🤡

Major cuts are coming mid-October.
Good luck everyone.
And yes, Ford Credit will be affected.

I know I should be used to the stress, but it's ki-ling me.

So they are filling 1,000 roles supporting AML in Ireland but laid off a small amount of US associates in the AML space last month

After CDW basically wiped out a department and lost years of expertise and experience, they are now re-hiring for those roles, but at near entry-level pay. That is the strategy--layoff experienced coworkers who have been dedicated to CDW for 10 years or more and bring in low-paid workers in order to ensure executive bonuses stay high.

This is so short-term in thinking, but many of the executives are nearing retirement age, so they are are at no financial risk for these decisions. They've been doing it for 3+ years and there have been no signs that approach is driving growth for the company.

It's a horrible strategy, but leadership doesn't seem to see the obvious.