#restructuring

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IBM to Cut Thousands of Roles in Focus on Software Growth

https://www.bloomberg.com/news/articles/2025-11-04/ibm-to-cut-thousands-of-roles-in-focus-on-software-growth

By: Brody Ford
November 4, 2025 at 12:31 PM CST

International Business Machines Corp. will cut thousands of workers this quarter while it continues to shift the focus of its business to higher-growth software and services.

“We routinely review our workforce through this lens and at times rebalance accordingly,” a company spokesperson said. “In the fourth quarter we are executing an action that will impact a low single-digit percentage of our global workforce.”

IBM shares have climbed this year on investor enthusiasm for the software business, which is fueled by acquired divisions Red Hat and HashiCorp. Chief Executive Officer Arvind Krishna has pushed the unit to become IBM’s largest business, especially as the consulting division has been buffeted in recent years by customer concerns about the overall economy.

The company employed about 270,000 workers as of the end of 2024. Some US workers may be affected by the job reductions, but employment in the country is anticipated to remain roughly the same year over year, the spokesperson said.


McChevron

Looks like they really are taking the training wheels off the managers and letting them manage a little. It's funny though to watch them try to continue all the garbage McK generated simply to have projects to charge time against. Maybe now they will see the idiocy of it all and how / who REALLY made the new organization. Good luck managing the pile McK leaves behind.


FNAC BI Laying Off Hundreds of U.S. based staff

Effective immediately, Fujifilm North American Business Innovation have reduced their U.S. based staff by several hundred. All areas of the business have been affected, except ex-pats from Japan.

Fuji's U.S. operations has been hemorrhaging for the better part of the past few years with declining sales and market pressures due to ongoing import tariffs.

Keeping the ex-pats in the U.S. protects reducing personnel in Japan and abroad.


TScan lays off 30% of workforce

TScan Therapeutics is laying off 30% of its workforce as the T-cell receptor (TCR) therapy biotech abandons a phase 1 solid tumor trial and focuses on patients with blood cancers.

https://www.fiercebiotech.com/biotech/tscan-lays-30-workforce-halts-phase-1-solid-tumor-t-cell-receptor-trial


Big big changes to Wealth on horizon

A lot of group chapter leads, platform leads are up for significant role shake up.

This won't be without impacts to associates at level 4,5,6.

We are looking at complete restructuring of middler tier managers which includes delivery leads, platform leads, chapter leads and group chapter leads.

There's a chatter of no more squad model, lot of squad leads, group squad lead roles are up for a shake up as well

While the consensus is "no impacts to associates", we all know that's a lie.

Some will be communicated the decision middle of November, giving associates 2 months to find new role.

Others would have until end of Q1 2026 to find new role.


Down 78k employees, time to get lean??

This is going to be similar to what Elon did to Twitter when he bought it.

"To the long-suffering men and women in the trenches of the Verizon workforce, this may sound like a new commander's call for another big push days after the last fruitless effort. Under Hans Vestberg, Schulman's predecessor, Verizon's headcount shrank by 44,900 employees between 2018 and 2024, about 31% of the earlier total. Since 2015, the number has plummeted by 78,100. All this carnage has still not apparently produced the lean machine that Schulman, who has been the top independent director on Verizon's board since 2018, wants to see. "

https://www.lightreading.com/ai-machine-learning/verizon-ceo-wants-aggressive-cuts-after-vestberg-culled-45k-jobs


First RIF then VSP

Yes, it's true that RIF is due later this month. However, I heard that since Dan wants to make the org extremely lean, they are also planning for a VSP in 2Q'2026. Anyone heard about that?

Wouldn't that be interesting? Trim the fat once and then trim the folks sitting on the edge again?

Let's say you didn't get RIFed, would you take the next VSP?


Xavier University lays off 50 employees amid financial strain

The university has confirmed that 46 full-time employees were affected by what they describe as restructuring. However, they have not specified if additional layoffs will occur.

https://www.msn.com/en-us/money/general/xavier-university-lays-off-50-employees-more-expected-soon/ar-AA1PvJIB


Legacy Ford North American Ops cut 4000

Based on the information gathered regarding Ford's 2025 layoff plan and restructuring efforts, here is a table summarizing the announced and reported cuts by region and function.
| Region/Location | Function/Division | Announced/Reported Number of Cuts | Status / Primary Reason |
|---|---|---|---|
| Europe (Germany - Cologne) | Electric Vehicle (EV) Manufacturing | Up to 1,000 | Confirmed; Due to significantly lower-than-expected EV demand; transitioning to single-shift operation. |
| Europe (Broader) | Various/General Workforce | ~4,000 | Part of a restructuring plan announced earlier (2024), expected to be completed by the end of 2027. |
| North America (US/Canada) | Connected-Vehicle Software Division | ~350 | Confirmed; Part of cuts in the software/tech team. |
| South Africa (Silverton & Struandale) | Manufacturing/Operator Roles | 470 | Confirmed; Due to market conditions and a surge in imported vehicles. |
| Global (Estimated) | Model e (EV Division) | 3,000 – 4,000 | Reported Forecast; Loss-generating and efficiency issues in the EV segment. |
| Global (Estimated) | Ford Pro | 2,000 – 3,000 | Reported Forecast; Redundant layers post-expansion. |
| Global (Estimated) | Legacy North America Operations | 2,000 – 4,000 | Reported Forecast; Part of broader reorganization and cost-cutting (RTO-driven attrition, etc.). |
| North America (Kansas City) | F-150 Truck Production | Thousands (Temporary) | Temporary Layoff; Due to a supply chain disruption (fire at a key aluminum supplier). |
Note on Status:

  • The numbers for Europe (Cologne), North America (Software), and South Africa are specific cuts or adjustments officially announced or confirmed.
  • The large global numbers (Model e, Ford Pro, Legacy North America Ops) are based on analyst forecasts and reports of Ford's internal restructuring targets (estimated 8,000 to 13,000 total) and are not a final, officially announced company number.
  • The Kansas City layoffs were temporary production pauses.

Sales Managers cut

Per the article on Financial Advisor IQ

“More than 70 market sales managers were informed on Thursday that their roles would be eliminated, according to one of the sources, who spoke on the condition of not being identified. Though some of the displaced workers may be rehired later as market growth directors, there will only be about 30 openings for those positions, and they will be open to external candidates as well, according to the same source.”

"We are investing in our National Sales organization to deliver stronger, local, and more targeted support for financial advisors," James Craven, Wells' national head of sales, said in a statement provided to FA-IQ. "

Haha these people won’t admit that they aren’t making as much and that their “Sales team” is over paid and u see producing. Craven makes too much for someone who was a Client Associate


Cash Burn Rate - How long before Xerox is sold or Ch 11?

Risk of Chapter 11 or sale
Given the above:
The heavy debt load (several billions) and relatively small cash cushion raise risk if business continues to decline or cash flow weakens.
A sale or restructuring becomes more likely if they cannot reverse margin declines, stabilise revenue, and free up meaningful cash flow.
If nothing materially changes, the company may find itself pressured within 12-18 months, but this is highly dependent on actual cash flows, debt covenants, market conditions, interest rates, etc.
A sale (or strategic merger) may be a more likely outcome than full Chapter 11 if assets/brand can still attract buyers and if management acts proactively.


A.I. Results for who to lay off (copy and paste)

As Dan said " you can find the answers on ChatGPT"

Excellent and very relevant question — especially given where telecoms like Verizon, AT&T, and T-Mobile are right now: mature networks, flattening subscriber growth, heavy debt loads, and Wall Street pressure for cost efficiency.

If a telecom giant announces multi-billion-dollar cost cuts and large-scale layoffs (10,000–20,000+), here’s where they’d most logically focus — and where AI and automation will accelerate the process.


💼 1. Middle Management & Support Functions

Most vulnerable: Managers and directors who are not directly tied to revenue, customer experience, or mission-critical operations.

Why:
Telecoms are layer-heavy. AI and analytics tools now provide real-time visibility and decision-making data, reducing the need for multiple layers of review or reporting.

Examples:

Regional or district-level managers whose teams already report into national dashboards.

Internal communications, reporting, and compliance coordinators.

Project managers overseeing slow, cross-department initiatives that AI can track automatically.

AI Impact:
Generative AI tools and workflow platforms can automate meeting notes, project tracking, and executive summaries — eliminating the “information translator” role many mid-managers fill.


🧑‍💻 2. Back-Office & Administrative Roles

Most vulnerable: Shared services like HR operations, finance, procurement, and legal support.

Why:
These departments have large headcounts and repetitive, rules-based work ideal for automation.

Examples:

Payroll and benefits processing

Invoice auditing and vendor management

Contract review (AI can pre-screen NDAs and agreements)

Recruiting coordinators and scheduling

AI Impact:
AI-powered ERP and RPA (robotic process automation) systems like Workday AI, SAP Joule, or UiPath are already cutting thousands of such positions globally.


☎️ 3. Customer Service & Call Center Roles

Most vulnerable: Tier 1 service reps and retention specialists.

Why:
Verizon and AT&T already deploy advanced virtual agents that can handle account inquiries, upgrades, and even billing disputes.

Examples:

Inbound Tier 1 support

Chat-based troubleshooting

Billing dispute resolution

AI Impact:
Generative AI assistants (trained on customer data) now resolve 70–80% of customer issues without human input — a massive cost reduction opportunity. Humans will remain only for escalations and high-value accounts.


⚙️ 4. Network Operations (Low-Level Monitoring & Maintenance)

Most vulnerable: NOC (Network Operations Center) monitoring staff and certain field dispatch roles.

Why:
Predictive AI can identify and resolve outages or congestion before they occur, and field routing is now fully automated.

Examples:

NOC analysts watching dashboards

Scheduling/dispatch coordinators for field techs

Routine diagnostic engineers

AI Impact:
Self-healing networks, AI-based predictive maintenance, and drones for tower inspections reduce human labor significantly.


🧠 5. Marketing & Sales Operations (Non-Quota Roles)

Most vulnerable: Analysts and coordinators who produce internal reports, pricing models, or campaign tracking.

Why:
AI tools like Tableau GPT or Salesforce Einstein now produce insights, summaries, and predictive forecasts instantly.

Examples:

Sales ops analysts building dashboards

Marketing coordinators producing campaign metrics

Data entry or CRM updating roles

AI Impact:
Automation will let quota-carrying salespeople handle more accounts directly, with AI generating proposals, decks, and pipeline forecasts.


💣 Least Likely to Be Cut (Protected Roles)

Customer-facing field techs (fiber installs, enterprise network repair)

Top-tier enterprise sales reps and BDMs (they drive revenue)

AI engineers, cybersecurity, and network architects (strategic growth areas)

Government relations & regulatory (too high-impact politically)


🔍 Summary — If Verizon/AT&T Targets $3–5B in Cost Cuts:

Area % of Cuts Role Examples AI/Automation Relevance

Middle Mgmt 25–30% District & Ops Managers Moderate–High
Back Office 25–35% HR, Finance, Legal Very High
Customer Service 20–30% Tier 1 Reps, Chat Agents Very High
Network Ops 10–15% NOC, Dispatch Moderate
Marketing & Admin 5–10% Analysts, Coordinators High


If you’d like, I can draft a strategic breakdown for how a telecom could communicate such a restructuring internally (e.g., “efficiency initiative” or “AI transformation plan”) — useful if you’re studying or preparing for leadership discussions.

Would you like that next?


In for one he-l of a ride?

Dan Schulman sure put himself out there. Verizon must cut Billions out of the company and streamline the way we do things to fund a complete and total makeover of the company. He states that layoffs will be part of the coming change. He then states that he is only in his 22nd day as CEO and that by his 44th day most of his transformative plans will be unveiled and even executed. If you take him at his word, the next three weeks will peel back the layers of the onion and we are in for one he-l of a ride. Are you as excited to be part of it as Dan says he is?


YouTube Offers Employees Voluntary Buyout As Company Embraces AI

YouTube is undergoing a staffing shakeup as the company pivots to focus on artificial intelligence, offering its US-based employees voluntary buyout packages with severance.

The online video platform, which launched in 2005, is restructuring its products team for the first time since 2015, according to an internal memo from YouTube CEO Neal Mohan, as parent company Google‘s CEO Sundar Pichai has urged staff to embrace AI for increased productivity.

https://deadline.com/2025/10/youtube-offers-employees-voluntary-buyout-embraces-ai-1236602459/


FedEx confirms layoffs

After careful consideration, we made the difficult decision to eliminate a small number of positions as we realign functions and enhance operational effectiveness as part of our ongoing transformation. We are working directly with affected individuals to ensure they have support during this transition.

https://www.actionnews5.com/2025/10/30/fedex-confirms-small-number-layoffs/


Another victim to layoffs

Amazon Games is winding down support for New World: Aeternum amid layoffs in the division and even deeper job cuts across its parent company. The game debuted on PC in 2021 and it landed on PS5 and Xbox Series X/S just over a year ago.

https://www.engadget.com/amazon-is-winding-down-its-still-popular-new-world-mmo-amid-mass-layoffs-150500426.html


Town Hall Recap

Doing more with less was the theme. Even though there has been revenue and profit growth every quarter they expect more restructuring for layoffs in the US. Budgets will still be tight. They will be focusing on hiring more in call center work in Mexico. US panel jobs will start to be consolidated. Self install pilot has
been approved to move forward. Call center team had concerns about capped bonus and quality. Overall expect more call center and remote work and less in field work into 2026.


Another leadership change

Dave Watson is stepping down (yay!) and will become vice chairman.

Steve Croney (why?) is replacing Dave Watson.

Pretty sure if you want to change the trajectory of the company, stop hemorrhaging subscribers, and increase revenue, you shouldn’t promote someone who has been a leader during the hardship times.

Guess more layoffs beyond the latest announcement is in our future for 2026.


November layoffs

You can be sure this process has already started as Sycamore does not care where sales and profit are, they will cut more to improve their end of the year bonus.
It usually starts with notifying the go forward teams. I am sure that has already happened as they like to conduct their layoffs starting the 1st week of November. Best of luck! They love to mix up teams and leave customers with frustrations with new support teams. One of the only companies that restructured so many times in the past 10 years regardless of profits. Most employees have lived in fear of new changes to their role and compensation hit. Be better Staples and Sycamore.


Massive layoffs are sweeping across the U.S. — Target, GM, and Ford

Massive layoffs are sweeping across the U.S. — Target, GM, and Ford are among major companies cutting jobs, pushing total layoffs near one million this year.
Despite record profits and strong Wall Street gains, corporations are slashing workforces, blaming automation and “restructuring.”
Critics say it’s a coordinated move to suppress wages and weaken workers’ job security as the economy edges toward recession.
https://www.wsws.org/en/articles/2025/10/25/jobs-o25.html


Strategic Update – Global FE MCP Teams

To: All New Global FE MCP Team Members
From: FE Leadership

As part of the ongoing ENGINE MCP transition, FE leadership has reviewed and confirmed the strategic direction for the Global FE MCP Teams.

Please note the following:

• The current team structure is intended as a temporary support mechanism to facilitate the ENGINE MCP transition, rollout and execution.

• This initiative is designed to streamline operational processes, including the progressive reduction of staff, in alignment with broader organizational restructuring.

• Future layoff communications is planned to be delivered by your assigned remote supervisor.

We recognize the impact of these changes and appreciate your continued professionalism during this transition. Further updates will not be shared or answered at the scheduled FE activation workshops!

Prepare to be de-activated!


Tomorrows invite

Do we know what time the meeting is rumored to be? I have heard to check for an invite between 7-8am or it could come earlier. I have also heard you will get a different invite if you are safe… does anyone know if that’s true? Are you getting a meeting put on your cal regardless of the outcome? Or would that meeting be later in the day and be the “announcement” of the restructure?


F&B Impacts Theory

I have no insider knowledge, this is just my theory for what could happen on Tuesday:

F&B reports up separately from other pyramids for pretty much every function (Merch/Planning, IM, Store Ops, etc.). Eliminating that separate reporting structure could remove some duplication of work and a lot of middle managers. For example, Food Supply Chain would be absorbed into what’s left of GSCL.

Thoughts?