#redundancy

There appear to be significant redundancies within G-8 Tech positions, particularly across product owner, GCL, and architect roles, signaling imminent consolidation in this area. Concurrently, there is a renewed focus on tech team productivity, placing large AI teams under intense scrutiny. The prevailing sentiment suggests that data scientists are primarily producing low-value papers with virtually no impact on actual business deliverables.

Anyone based in Ireland laid off recently? What kind of payment did you get?

So Mr Exxon thinks they are the smartest person in the room; we have a country program that we think needs to lay off so many people and move to a new city uprooting everyone and their families. We think we are smart by holding them hostage for up to 2years when we may or may not decide to make them redundant (after we told them we would make them redundancy). Mr Exxon thinks he is so smart. And then everyone resigns and finds job elsewhere, institutional knowledge leaves the office and we are left with minimum collective competency and morale at an all time low. We have no other option now but to use the TCs and chaos will prevail.

For all of you here who are still waters employees enjoy the ride.
I was recently made redundant.
It is one of the worst feelings in terms of life change, people say no one died it's just a job,but it's not, to loose your job in these circumstances is devastating, I cannot put into words the mental effect this has had, yes no one has died but all your hard work and effort you put into the company are all wiped out in one moment, when you are told your role is been made redundant and you are no longer part of the corporation.
The hardest part in all this of this is why, when the corporation are still activley hiring and you ask the question what did making my role redundant really achieve, did it create synergy reduce reporting lines what did this really achieve in terms of delivering benefit, or living my legend.

This layoff is so-called cleaning house/overlapping functions....happens with mergers/acquisitions. Saw many heads hacked from top to bottom throughout my tenure and left voluntarily after 7 years.....could hear the axe being sharpened again. Turbulent times then....and still today. BUT so glad I moved on to a better/bigger life.

ANI here and just noticed roughly three months' pension contributions paid in at once. I've been here for years so my notice period would be three months.

No meeting with HR yet, but I won't be surprised if it pops up in the next few days.

Not looking good, is it?

My experience with the MBP QA team was disappointing. Favouritism seemed to outweigh performance, and quality work wasn't properly valued. Despite my commitment and contributions, I was made redundant while others with limited output remained.

I worked for MBP, including weekends when required. However, I received a sudden call from the TPO team and was informed that my role was being made redundant. I was laid off recently.

After 6 months of no word, or strategy from the top level: 70% of my team just got RIFd.

The company is calling these "redundancies" however there is no way there is another team capable of carrying our projects forward.

Red Rover Interactive is making layoffs. The studio developed the game Enginefall. This action follows the company raising $20 million. The article does not specify the size of the cuts. It also does not detail affected departments.

https://gamedev.net/news/enginefall-developer-red-rover-interactive-is-making-layoffs-r4285/

Today is the day where XOM lost an unbelievable amount of talent between our Australia friends moving to Woodside and the remainder of the Brits being made redundant. Sad day for us all and we will suffer the consequences long term. DWW should pay when something happens but hey this Merica so he will left holding his $100M fund and be left to retire happily whilst others pay the price

Corporate re org now LCM gone? Or redundancies more likely?

The team behind the game Luna Abyss has been made redundant. Publisher Kwalee parted ways with its subsidiary, Kwalee Labs. Kwalee Labs developed Luna Abyss as its only game. The cosmic horror title launched just weeks ago. Luna Abyss received generally positive reviews from critics and players.

https://insider-gaming.com/entire-luna-abyss-team-laid-off-one-month-after/

Back in November last year, in UK at least, without any warning the number of days of additional annual leave was reduced from 10 to 5. We were told at the time it was a mistake and when DXC Select reopened in the summer you could buy the extra 5, to restore normality.
Did that happen? Or did DXC management mislead again?
(I'm only curious as I got redundancy a few weeks ago)

Curious if anyone has been successful in getting a new position after retraining?

Anyone know the plan for VCG Ops? Based on some reorg emails it seems like retail and CS OPS have been officially combined under the same umbrella creating even more redundencies or were taking a second stab at OPOO

Every acquisition brings layoffs, but this will be bad. Usually it's the acquired company that gets the brunt of it, but I wouldn't be surprised at all if this is used to get rid of as many people as possible on both sides under the cover of supposed redundancy. Prepare yourselves. This will not be pretty.

Kyndryl is dishing out shares worth hundreds of thousands of dollars to execs in the middle of a redundancy program

CEO Schroeter's latest stock award takes his total tally to 2.449 million shares. Likewise, Keinan now owns 1.603 million and Chugh 184,455.

The average wage paid to a Kyndryl employee in 2025 was $39,464 versus $15.8 million awarded to Schroeter

https://www.theregister.com/on-prem/2026/06/09/kyndryl-showers-execs-with-shares-while-staff-ponder-redundancy-packages/5252181

https://share.google/YT6dQq4BsltYvjUwf

No doubt layoffs will happen. You can merge Yellow Shoes and The Hive and continue with redundant roles. D-mb move and just getting rid of more talent

Just curious if anyone has returned after being made redundant? Would you?

Was laid off early May and given 3 weeks until 29 May to sign the settlement agreement

My package looks like this
3 weeks to review settlement agreement (no work to do and fully paid)
3 month notice period - Got lucky as this was changed during covid years when they got scared of people resigning with only a month notice
6 weeks tax free redundancy for six years service which was lousy
22 days holiday paid out which I had accrued
Pension and medical insurance paid for 3 months and 22 days

tried to fight for my bonus but got zero

Basically cost me 65 grand to make me redundant in the UK - I was on 140K salary as a senior consultant and I get to leave end of May as I am put on PILON

I start in a new job on 15 June so this is all fine for me and I am delighted

People who are laid off should be using these boards to share what they got so that others can do the same - The time is coming - The numbers are sh-t and they are in a hole with no way out

Do the math! Redundancy costs and also staff decreases are in the notices. If you average it out it’s a lot more than most people are getting. What gives? Obviously there are a few people who are getting paid out a big fat wad of cash while most of the rest are getting paid peanuts.

I thought I saw a post last week where someone said IT Services aren't included in IRIF but RH just gone after a fanfare of announcing his new role globally and he was instrumental in the delivery of ITaaS. Is this a shadow redundancy or something more and IT Services are actually in the pool?

Has anyone recently been impacted by WFR? Asking because since the implementation of ODW, it feels like the redundancy efforts may have started. Trying to understand if others are seeing similar developments across teams or locations.

Why can’t fidelity just offer VBO? Or eliminate redundant leader roles which are overlapping such as EAL,GEL, EL, PAL, GPL PL, and multiple Team Leader. Wondering what really are they contributing?

Fulton Bank is eliminating 95 positions in Parsippany. These layoffs follow the bank's acquisition of Blue Foundry Bank. The approximately $243 million acquisition closed last month. Role redundancies were identified after a review of corporate and support positions. The job cuts will occur in two phases this year.

Parsippany, New Jersey

https://njbiz.com/fulton-bank-layoffs-parsippany-blue-foundry-bank-acquisition/

"Restructuring proposal which may affect several roles in Ireland, provisionally including yours"

Does anyone know how much was the redundancy last time?

As you all know 75% of teh contractors in CX were made redundant during the last 3 months. Most of it happened in the CX centres.
The latest is, CX is getting rid of all small accounts and they are keeping only what they call signature accounts. These are major SP accounts like AT&T,verizon, BT, TI, DT,Telstra etc.
The CX enterprise business is in a lot of trouble for a long time. So except for few strategic accounts like Microsoft,google, etc, CX is getting rid of all small accounts. Their plan is to manage such accounts through partners. This is a big shift that will happen in the next 12 months. As a primary step, they are planning to cut 15% of all blue badges in all theaters. They are planning to justify it with AI efficiency improvement and margin pressure. So Braze for it amigos.

Brokerage, Wealth, WI, PI are all under WEALTH as a BU.

Back in 2024, they split Wealth into Personal investing (PI) and Workplace Investing (WI) that had some impact and layoffs.

But the move did not make sense long term and hence with Emerson's and Bob's move Brokerage, PI, WI are again considered "Wealth" as a one BU and there's push to consolidate operations that do similar work.

With that, there will be obviously some redundancies that will be introduced.
Some slackers who have been coasting for years, will be exposed along with managers pets and those managers who are responsible for encouraging these pets.

Majority of these "pet owners" tend to be CL and GCLs, not just in Wealth but across company.

What's unfortunate is that there are some chapter leads who got "lucky" and are now "Engineering leads" but still promote favouritism.

It all stems from their own insecurity, they downplay achievements of high performer pushing them to deal with all sorts of stress, anxiety and uncertainty.

They will talk big game in the face but seriously lack basic documentation skills.

Seems like EMTEC is planning to increase the PIP % across all of its organizations this year. All the made up LCS roles are being reassigned back into research, Done with stories used to justify CL upgrades . At the same time, we are seeing significant redundancy across research functions, and there is heavy hiring within BTC on computational modeling, RTO, and data science groups.

Watch this space.

Being asked to track capacity (basically a spreadsheet of hours on various tasks throughout the month)

Anyone else salaried but being asked to do this? Seems like they're checking for "redundancies"

Doesn't the RAT created so much redundancy there, seriously as usual not much impact to them and they will be celebrating yet again. Can't understand why, just because cheap?

We’re losing too many good people, especially leaders at the higher levels.

The people who are smart, capable, and marketable are finding other opportunities and leaving. The problem is that these roles are not being backfilled because leadership still believes we are “fat” or redundant. In reality, much of the redundancy is not where the strongest performers are.

So what happens? The remaining high performers absorb the work. More scope, more pressure, fewer experienced people, and no real plan to replace the talent walking out the door.

This is not sustainable. We are heading toward another wave of departures, and once that happens, the damage may not be fixable. Institutional knowledge is leaving. Strong leaders are leaving. The people who can carry the company through uncertainty are leaving.

At some point, this stops being “right-sizing” and becomes self-inflicted damage.

Cannot say more, but some teams in Risk are being considered for cuts. Target looks like around at least 20 percent of teams in high-cost locations should be gone by EoY. This would be either through relocation to cheaper place or redundancy.

They are no longer 3M? Are they Madison employees now, or are they redundant?

Anyone recently gone/currently going through redundancy in the UK?

If you've had your consultation meet was the pay offer statutory, VZ typical enhanced (month a year up to 6 months) or somewhere in between?

Anything else interesting that could help please?

Just more buzz talk or yet more redundancies to come?

Yes entire team. We all got invited to a single business update meeting and then the director told us, this team is redundant.