#nextlayoff

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The fate of remote workers

This is how I understand things will play out as well. If anyone can confirm, please do.

All of this is purely speculation, but given that remote workers are included in Phase 2, the coming layoffs will probably be related to other factors and not necessarily if you're remote or not. Then next year, you'll all be assigned a NY/LA office and you'll need to relocate by Q3, or else be let go.
OP: @ap+1k6xpxpth


I asked ChatGPT to predict the next USAA layoff and the response is pretty good!

It’s just for fun:

“If USAA does plan a major layoff, it is most likely to occur before the end of 2025, perhaps in late Q4 2025 (October–December), as part of restructuring under the new CEO’s agenda.”

It also talks about if there’s someone does similar tasks as you, your odds of being laid off is higher. Based on available data, it looks like there are a lot of redundancies in the risk and compliance space. Even though there’s a lot of regulatory hurdles USAA still have to deal with, but it seems like data suggests that the current structures are not effective.


If I were offered a voluntary package

I’d take it without a second thought. If what some people are saying is true, that voluntary packages have been offered to some recently, and that another big round of layoffs is coming by early 2026 the latest, I really hope they roll out a VP company-wide first. Why not? I’m sure plenty of people would take that option.


October Layoffs

Everybody getting ready for the annual October layoffs? Not sure if it will be as big this year or not. Seems like they're gradually laying off people throughout the year versus a big October round, but maybe I'm wrong.

It's like sitting in a warzone, with stress all around you and knowing that a bo-b will drop on someone, hopefully it's not you. What a total moral ki-ler.


More layoffs next Month +

Layoffs already took place on 9/18, with more planned in 4–6 weeks and again in January—confirmed by someone in HR. The company is steadily offshoring more and more jobs from the US to India, unless a contractual agreement requires the role to remain in the US. For those not billing their time to projects, it’s only a matter of time. This organization is going downhill fast, and it’s disheartening. I honestly wish the government would step in—this is a US healthcare company, yet they’re outsourcing our jobs offshore to people who have no real investment here.


Peak

This is how I see things going from a logical point of view. Look up what happens within a company before layoffs. Wayfair is going through a good portion of the list they say to watch for. I think most if us will be safe until after peak. They are moving around a lot of employees right now. If you think you are safe because you are a top performer think again. View the the list. Top performers are not safe. We are expensive. Be careful. They will look for any reason to let us go. They will be letting go of a percentage of us before the new year. Better for the bottom line and more profits for the last quarter. Many more after peak. Do your own research on the signs. Good Luck.


How much is 9K + 18K?

Amazon is cutting more jobs. The company said it will lay off 9,000 workers in the next few weeks. The cuts will hit Amazon Web Services, People Experience and Technology Solutions, advertising, and Twitch. This comes on top of 18,000 layoffs already announced. In total, 27,000 jobs have been cut at Amazon in just four months.

Jassy said the decision is due to the uncertain economy. He explained that Amazon wants to lower costs and run leaner. He added that the final list of roles is not finished yet.

Amazon plans to finish decisions by mid to late April. The company said it will still hire in some key areas. Workers who lose jobs will get pay, health insurance for a short time, and job placement support.

Amazon is not alone. Other tech giants like Google, Microsoft, Meta, PayPal, and Twitter have also cut thousands of jobs. For many tech workers, it is a very hard time right now.

  • https://mashable.com/article/amazon-layoff-9000-employees

MEA cuts

I’ve been told by manager SVP, that despite great results in MEA they want to cut 25% jobs here this fiscal. We literally have no Presales, nor bdm here already.
The key is to skip gitex and save on everywhere. He said we’re fine, as we are support, but who knows.