#layoffs

Lay off has already started in CNBC International. Surprisingly this wasn't announce with their incessant newsletter about Versant. Suspect they do nto want to affect the company being listed.

Synaptics saw a 29.4% revenue decline in fiscal year 2024 compared to 2023, likely prompting layoffs that hurt employee morale. Meanwhile, execs continue to sell RSU stock, funded by stock buybacks, potentially eroding trust further. This raises questions about how many engineering jobs were cut to support these insider stock trades.

Does the voluntary severance program genuinely aim to reduce the number of involuntary layoffs, or is leadership planning to cut 2,000 positions regardless of how many people opt in?

Larry gave us forewarning. He wants his AI to rule. And at the very least, you can't be a prominent AI company without decimating your own workforce.

"Oracle, why should I buy your products? How will it help me? How has Oracle AI helped Oracle?"

"We reduced our workforce by 70% in the first year, and so can you!"

"Sold!"

There’s absolutely nothing. I don’t know if it’s just bad luck or if the market is really this broken. If anyone has even the smallest positive story, please share. I need to hear that someone out there actually managed to land a decent job, or at least got an offer. I haven’t had a single callback. It’s infuriating and demoralizing. And now with layoffs hanging over us, I don’t even know how we’re supposed to keep it together.

It really doesn’t matter if you think you’re safe from layoffs or not, because the job market right now is the worst it has been in years. Employers seem to be taking revenge for the Great Resignation, and that means not only is it tough to find a new role, it’s even harder to find one that will pay anywhere close to what you are used to. You honestly have nothing to lose by starting to look now. The worst that can happen is you do not get laid off and end up landing another offer, which is a much better outcome than being suddenly laid off with no prospects lined up, believe me.

From what I’ve seen, none of it makes sense unless you look at the cost savings. Which means nothing will actually get fixed, but a whole lot of people who truly know what they’re doing will be gone.

The list of major companies laying off staff this year includes Oracle, Kroger, Nike, Scale AI, and more

Ally is cutting less than 5% of workers.
The digital-financial-services company Ally is laying off roughly 500 of its 11,000 employees, a spokesperson confirmed to BI.

"As we continue to right-size our company, we made the difficult decision to selectively reduce our workforce in some areas, while continuing to hire in our other areas of our business," the spokesperson said.

The spokesperson also said the company was offering severance, outplacement support, and the opportunity to apply for openings at Ally.

Ally made a similar level of cuts in October 2023, the Charlotte Observer reported.

https://www.msn.com/en-us/money/companies/the-list-of-major-companies-laying-off-staff-this-year-including-blue-origin-meta-and-microsoft/ss-AA1xcc8H?ocid=finance-verthp-feeds

Miter Brands has substantially downsized the legacy PGT Innovations business since it acquired the company for $3.1 billion last year.

https://www.bizjournals.com/tampabay/news/2025/09/03/miter-brands-layoffs-hialeah-medley-pgt.html

Maybe your best won't be good enough. But maybe you'll go all in and come out with everything. There's only one way to find out.

Is it me, or do Nike's ads at these times of layoffs, low share price etc speak to themselves...

Sorry for all let go this time.

For those left, you know its only a matter of time

Does anyone know the tentative global headcount affected by the layoffs at FIS?

3 month package, effective 30 days, US, not for performance reasons. Could you give me some advice?

Does anyone know if any departments within EFCC will be affected with layoffs due to Reynolds departure?

Don’t worry there’s about to be plenty of “open chairs” what a DB

Is everyone signing their agreements? Has anyone engaged a lawyer to review?

Any credible news about GBU layoffs in JAPAC today? P6,Unifier and Aconex?

They have started the next round of layoffs without having to pay severance. They are cherry picking which employees are allowed to remain remote and those that need to report to either Lake Mary or Pittsburgh. Failure to relocate is considered voluntary termination / resignation by the Work Together policy. It doesn't matter if you were previously approved to work in remote location... The worst is inconsistent enforcement. Many people on team remote - only certain individuals given mandate to relocate. It should be illegal to consider it voluntary termination. If you are going to layoff someone do so.

https://cordcuttersnews.com/dish-lays-off-500-employees-after-selling-5g-spectrum-to-att/

Scotiabank has sought federal government approval to layoff up to 2495 employees this year. Look for yourself. It is on the government website

https://search.open.canada.ca/qpnotes/record/esdc-edsc%2CLabour_JUN2025_008

The Bank of Nova Scotia has sought federal government approval to layoff up to 2495 employees this year. Look for yourself. It is on the government website

https://search.open.canada.ca/qpnotes/record/esdc-edsc%2CLabour_JUN2025_008

I can't relax no matter what. I'm in the permanent state of anxiety.

Had a 1:1 on Tuesday AM. It was labeled "Sync: Discussing Updates." Next thing I know, I'm read a script being laid off. I was told after this, my manager was laid off.

What the he-l are the survivors supposed to do? Quadruple their workload?

What percentage of subsurface is being cut? Hard to estimate as spread over multiple organisations (CNE, Exploration, Offshore, Subsurface etc..) Anyone have an estimate?

I think the government is more modern than Dell. The initiatives they drive to modernize are basic engineering practices that our management rejects, because our management teams at the SVP level and up have no idea about technologies or industry practices. The operational models they’ve put into place in ISG and CSG are steps backwards. They couldn’t possibly be more bureaucratic and foolish. Just huge power grabs made from people who have no idea what they’re doing and are so philosophical and unrealistic it’s embarrassing in practice.

Meanwhile you add the layoffs, cut throat attitude and poor strategy and you’ve got yourself one of the worst businesses of all time.

Dell is a company stuck in the 90s that has no strategy, poor management and terrible engineering practices. They don’t really want to modernize although they like the word.

It’s pathetic and sad.

This is ask for all Directors and Executives who got impacted by Layoff.
I've been working in Oracle for 10+ years now and I am impacted by layoff. I don't regret the layoff. One question which was lingering in my mind was despite my honest day and night contributions to the project, I was not even considered for promotion or growth.
I had been exceeding expectations of my managers/executives and each time I raised my bar level and was able to meet it. At the end of focal cycle all I got was a 2% or 5% hike to maximum which was almost equivalent to lowest performer in my team.
I even attempted to jump to another project offering a senior role but was cut down by internal recruiters saying I can't move up in lateral jumps. The project seemed like a dead-end for me and I wasn't even allowed to move to another project which looks promising technology atleast but in vain.
What was the Ego which prevented you guys from helping your employees grow. Is it typical asian mindset ? to slave one person and extract everything ?
All I noticed was some monkey executive coming from external company (Infact he was less experienced than I was) and started controlling us. He doesn't even know half of the architecture I know about org. Is this the fate ?

Yes, lot's of companies are announcing layoffs

But can anyone really understand our org structure?
What the end goal or strategy is?

Yep. A $25M office renovation in round rock. Totally unnecessary while they’re laying off thousands of people.

https://www.statesman.com/business/technology/article/dell-technologies-round-rock-hq-expansion-25m-21026546.php

But they want you back in they get tax breaks because of it. POS company.

I was part of the layoff but I feel the cut was not needed in my department and it was a way for my manager to look good since we had some retirement coming up and the person did not get touched but I did and another member did. A senior member indicated that won’t get impacted.

Anyway I’m out it su-ks I worked so hard and cared. I looses sleep over this .

What happens between the 2nd and 15th? I believe that is when “selection meetings” begin? So that time in between? Nothing occurs?

I’m quite sure advocates have been speaking with job owners during the entire process, especially when the jobs were released.

So is the process like a shark tank? Talent Card flashes up on screen, advocate stands up and addresses the group which has your job owner in it? A bidding war erupts?

Or is this a “we will make the square peg fit in this round hole”, or a “we will fill the square hole with whatever square we can find”, or a “square holes don’t exist because all the square pegs have already been set aside”?

I’ll be ok till the end of the year, I think. I’d rather not move to H-Town as I am actively avoiding it for the time being, however it’s becoming clear the industry is centralizing there. I know…brilliant deduction.

2.5 weeks left. Unfortunately, my “open for work” will always be visible to hiring managers from now on. Loyalty is but a faint memory.

Anyone impacted in A&C ?

Really feeling down about not getting any offers for months now since Dell laid me off, severance and unemployment running low. I’d love to hear some success stories from anyone laid off this year that got new roles they’re happy with.

Coming to a pink slip near you.

Here we go again

Can somebody please explain to me how is this good for Oracle?

Sep03 total layoffs estimate for the past 24h: 408.

North America contributed less than half and layoffs there trickled down and stop first half of the day. However, other locations picked up in IDC and Pacific timezones.

Totals since Sep02: 3838

Methodology: #general Slack channel participants tracking.

la's main homelessness agency, lahsa, will cut or reassign staff due to a 5 percent budget reduction this fiscal year. the agency faces city, state, and federal funding cuts and must act by october 15, with outreach roles most at risk. lahsa hopes to limit layoffs by moving employees into 125 vacant roles. leaders say the cuts reflect wider fiscal strains and shifting county funding plans.

Not suprised oracle is laying ppl off. They’ve done 150+ acquisitions and the same thing happens every damn time... staff bail or get cut. This Has Happened MANY Times Before!!!!! oracle doesnt care about your job, they care about tech, customers, and $$$. once they buy a company, they gut the overlap, toss people they dont need, and shove the rest into whatever buzzword strategy they’re chasing (cloud, ai, whatever sounds cool to wall street). turnover there is already huge, so add an acquisition and yeah... ppl are basically walking severance packages waiting to happen. remember sun microsystems, peoplesoft, bea? same playbook. oracle buys, oracle cuts, oracle moves on. so if you’re shocked, idk what to tell you. layoffs are not a bug in oracle world, they’re the feature. ....