#layoffs

We used to have that. Can we go back to that time?

We know cuts are coming, but we don’t know when or any real details beyond that. So now we get to sit around stressing and worrying for who knows how long. I’m sure that’s going to do wonders for everyone’s mental and physical health. I really hate what this place has become and the joke we have for leadership.

While Bosch Türkiye posted net sales of €5.5 billion in 2024—a 25 percent increase over the previous year—the company simultaneously notified the Ministry of Labor of its plan to eliminate 1,400 jobs at its Bursa plant.

https://www.wsws.org/en/articles/2026/05/10/xkfh-m10.html

Every single person on my team is. Every single one.

I've been through a few layoff rounds now and I've started tracking who goes. The pattern makes no sense. Hard workers, people with great reviews, people who consistently deliver get cut. People who coast, who hide in meetings, who produce almost nothing stay. People usually explain it as being about salary. High performers have been here longer and make more, which make them targets, and the cheaper people survive. Which makes sense only if you disregard the fact that this sends a message not to be too good at your job. Just be average and cheap and you'll be safe. How is that kind of workforce good for the company?

10% this year company wide. 5% in June and 5% in October to stay below the warn notice. Next year gets even better at 15%. Have fun everybody!

Is this true?

I was laid off last week and I have to say I feel nothing but relief. I was one bad week away from resigning with nothing lined up. Now I get a package and a clean exit. I know not everyone is in the same position, so I hope the others affected are doing alright.

Topgolf has laid off hundreds of employees nationwide. These cuts occurred months after a private equity firm acquired the company. New CEO David McKillips initiated leadership changes. Roles in sales, hospitality, operations, and events were impacted. Alabama locations were among those affected by the job reductions.

https://www.al.com/news/2026/05/topgolf-has-laid-off-hundreds-of-employees-including-some-in-alabama.html

https://finance.yahoo.com/sectors/technology/articles/laid-off-oracle-workers-tried-225905651.html

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https://techrights.org/n/2026/05/11/Discussions_About_When_the_Axe_Falls_at_IBM_Kyndryl_11_000_Layo.shtml

Hope you survive the upcoming mass layoffs

I was impacted on Thursday and took the rest of the day and Friday off. Will I be expected to work in my normal capacity tomorrow? Not much was communicated to me

contractors paid more then FTEs for same work ? any company will retain their FTEs and lay off contractors for any scenario!!

H1B and J1 visas ki-led Spirit Airlines!!
Is Ford next??
Ford is full of full of Visa folks and laying off locals.
My friend list his daughter who was fighting with cancer as his position got replaced by H1B. And he lost insurance after severence.
Is there a way to stop this??

Would you consider finding an internal role and staying or are you completely done with fidelity? What are some of the pros and cons? I’ve seen a lot of people who were laid off last round come back either full time or contract so just curious.

That's why we keep losing the best people, the real backbone of teams. So don't kid yourself that performance will save you. When your number's up, no amount of effort is going to change that.

1000+ roles might not seem much but majority of these were VP, SVP level roles.

When these leadership roles are filled, the teams are consolidated and there WILL BE natural redundancy introduced that will further fuel reduction in future.

The leaders and HR have been lying all this time.

The 800+ leadership roles elimination have left 25k associates fate again in limbo.

The new leaders who take up these roles will again evaluate team structure, introducing further stress, anxiety and uncertainty which will last till fall.

And next Q1 will further see more reductions.

This comment from a Fidelity spokesperson gives me pause and makes me wonder what the median age of those impact by the RIF is.

I’m 52 and was laid off last week. If you were laid off, share your age below.

“These changes are about getting the right combination of skills in place for where Fidelity is headed, including creating more room for early-career, hands-on engineering roles and streamlining senior leadership layers,” a company spokesperson said in a statement. https://www.masslive.com/business/2026/05/fidelity-to-lay-off-800-workers-but-hire-thousands-more.html

Don't ask me how. I know we are close and list is ready. Expect 20-40% cuts in few products.

I trained myself not to stress. With so many layoffs ahead, probably rolling out constantly, there's no point in anticipating. They're free to lay me off. I just don't have it in me to care anymore.

Elon eliminates non‑producing technical authority
He doesn’t keep:
Chief Engineers who don’t engineer
Scientists who don’t build
Fellows who don’t ship
Architects who don’t design
Highly paid engineers that do nothing, should be let go.

https://www.complex.com/sneakers/a/jaelaniturnerwilliams/nike-snkrs-team-lays-off-90-percent

Does anyone know if Transformation employees in Tampa part of the June round receive a notice period? If so, is it 30 or 60 days?

Cloudflare on Thursday joined a growing list of tech companies — including Meta, Microsoft, and Amazon — that have reported increased revenue alongside massive layoffs, attributing both trends to their use of AI.

https://techcrunch.com/2026/05/08/cloudflare-says-ai-made-1100-jobs-obsolete-even-as-revenue-hit-a-record-high/

Now I've seen them cut a friend who broke his back for this place with no warning. From now on, it's just a paycheck.

So now EH is doing paid-for press to try to save this message? Please. Let's get a panel from the 1400 from the recent layoff and the thousands from all the previous layoffs on the Today show.

Pathetic. He's pathetic.

Cool. Cool, cool, cool, cool, cool.

https://startupfortune.com/meta-is-turning-layoffs-into-fuel-for-its-ai-spending-race/

https://houseofheaexample.com/nike/nike-snkrs-platform-uncertain-future-2026

Is it happening?

Please keep us posted as they blow away such a great company.

Is FCAT impacted? Are tech teams in Boston impacted?

I keep thinking the day is coming (probably sooner rather than later) when they’ll cut that too, and layoffs will become ten times harder on people. Finding a new job already isn’t easy in this market, but having a solid safety net while you search makes a huge difference.

I have been looking for a way out and VZ finally gave it to me. I spent a little over 10 years here, thinking that I could be successful. That was a delusion.
While I am not happy that it was on their terms and not mine, I do have a positive spin. My daughter told me I am going to be a grandpa.
I have some hobbies that I can now pursue as employment, as I am pretty handy and did construction before this. Not that I want to do the backbreaking stuff again but I will do what I need to.
To all those I worked with that are still with VZ, and to those that have left for good or nefarious reasons, just know we can all do better than what the VZ culture has become.
Today is Mother's Day. I will spend time with my family.
Tomorrow I will start the process to get my contractor license and everything else needed to be a handyman. Then I will start promoting myself. 50 is not bad to start over.

Too much fat around that desperately needs to be cut. Sadly, I doubt they'll ever be asked to leave. Most of them are too good at a-s-kissing to worry about their jobs. But a guy can dream, right?