#savings

I have been trying to record my family’s expenses and with everything included from mortgage to groceries to kids classes and education savings, car insurance to home insurance, it costs around $8K-9K to run a home which keeps my single salary savings to $500 per month. Do you guys see the same too or more? What are your ways to make sure you save more on a single salary?

Given the latest layoffs and the constant threat of more cuts, I’ve been thinking a lot about how much cash I have available and how many months of unemployment it would carry me through. I didn't like the number at all. Three months tops. I’m curious where other people stand when it comes to fully liquid savings, not stocks, retirement accounts, mutual funds, or anything you’d have to sell or wait on. Just money you could access immediately if things went sideways. Am I the only one who's utterly unprepared in all of this mess?

Takeda Pharmaceutical plans to eliminate approximately 4,500 jobs globally. These cuts are part of a major "Transformation Program" by March 2027. The restructuring aims to consolidate departments and automate operations. This effort follows the significant revenue decline of its dr-g VYVANSE. Savings will fund new experimental dr-g launches for future growth.

https://finance.yahoo.com/sectors/healthcare/articles/takeda-laying-off-4-500-204550228.html

Survived this round. There will be more rounds.

Assuming that I have about 7 years of experience, late 30s, mid 200K total comp, wife is not working, have a toddler. No debt/mortgage (renting in So Bay). Working in sales.

Is there a rule of thumb for how much should someone like me have to have saved to hedge layoff risk?

I've been running scenarios in my head for days. If I get laid off next week, what do I do. I have some savings, maybe two or three months worth. I could pick up some consulting work, maybe. My partner does work, but their income alone wouldn't cover everything. We could sell my car, move to a cheaper apartment, ask family for help. But none of those are good options. I'm realizing I'm not as prepared as I thought. So I'm asking genuinely, what's everyone else's plan B? Are you ready for this, or are we all just hoping we'll be spared?

Is there any general rule of thumb for how much someone should save to get through a layoff? For example, someone making around $60K with about five years of experience. Asking for a friend.

What happens to any supplemental pension or supplemental 401K savings if you are forced out at 52 and would have been NRE before (I know that is now removed). Would the company really just keep it and say tough luck?

Instead, I just keep my resume fresh and my savings padded. Whenever it happens, I'll be ready. Been feeling much better, to be honest, since I adopted this approach.

Every job has its pros and cons, but here the bad has been steadily outweighing the good for years. I've got some savings, and I'm not exactly optimistic about the job market. But begging to stay and being consumed by fear over losing the job? Not happening, even though leadership would clearly love to see us on our knees.

https://www.salary.com/research/executive-compensation/nike-inc-cl-b-executive-salary

How does MF stay and keep earning? So glad nasty HON is gone. Backfill not necessary. Big savings there.

Why are we paying MW over 30 million a year when he can't make decisions and just hires multimillion dollar consultants like McKinsey to run the company? Maybe fire MW and we'll really save money!

Q: I am 24. I want to retire at 65. I plan to live to 85. How much do I need to save every year if I want to spend $100K every year after retirement?

A:

To retire at 65, live until 85, and spend about $100,000 per year in retirement, you would need to save roughly $6,700 per year starting at age 24. That is about $560 per month. This estimate assumes your investments earn about 7% annually before retirement and about 4% during retirement, with your retirement spending measured in today’s dollars.

The estimate was calculated in two steps. First, I found how much money would be needed at age 65 to fund $100,000 of annual spending for 20 years in retirement, treating retirement withdrawals like a 20-year annuity discounted at a 4% annual return. That gave a required retirement balance of about $1.36 million. Second, I calculated the fixed annual savings needed from age 24 to 65 to grow to that amount, assuming a 7% annual investment return during the saving period.

We used to get DoorDash credits all the time … what happened to that ? Is Rick trying to save money?

Takeda Pharmaceutical filed a WARN Act notice confirming 634 U.S. job cuts. Of these, 247 positions are at its Cambridge, Massachusetts headquarters. The company's board approved a restructuring targeting ¥200 billion in gross savings. These savings are intended to fund upcoming dr-g launches and pipeline work. The cuts address revenue shortfalls following Vyvanse genericization.

https://www.ctol.digital/news/takeda-1-3b-restructuring-layoffs-investors

Not even amongst those providing rubber stamp approval and reviewing documents?

They cost a bunch right away with severance and other related stuff, and then they hire new people who might be cheaper but are less productive and sometimes need two new employees to cover what one person used to do. How does that somehow equate to savings?

It was a bumper year with all the savings through layoffs, keep an eye out on the local newspaper over next few days.

Many companies will pull forward their layoffs that were planned for later on the year (in the second half of 2026) to the first half of 2026 due to oil price increases and the cost of war, inflation causing everything to go up.
Save your money. Forget the vacation and brand name anything. Save enough money to pay your bills and put food on the table. AI was already taking jobs and now higher cost of OIL will also do the same.

Compass International Holdings initiated layoffs. One hundred ten jobs were cut in Madison, New Jersey. These reductions follow its recent acquisition of Anywhere Real Estate. The company aims for "cost synergies" after the merger. Compass plans to achieve significant savings over three years.

Madison, New Jersey

https://therealdeal.com/national/2026/03/06/compass-post-merger-layoffs-are-here/

First weekend in forever where I'm actually relaxed. Started off feeling awful, then it just lifted. I know the job hunt will be brutal. I've been looking for months with nothing to show. But I've got savings to get by. Right now, I'm choosing to enjoy being free of that toxic place. You never see how bad it really is until you're on the other side.

Thank you for your service:

John Stankey - $26,410,845
Pascal Desroches: $15,477,119
Lori Lee: $9,889,903
Jeff Mcelfresh: $15,602,605
D. Mcatee: $13,637,271

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pdf.secdatabase.com/2460/0001193125-25-073402.pdf

It's so tiring to be focused on the possibility of losing your job 24/7. I'm always saving money to the point I can't enjoy my hobbies anymore. I don't know the last time I bought a book or a game because I can't justify the expense even if I can afford it because I could potentially be laid off any day now. This is a very sad way to live and nobody responsible for it seems to care.

Been told will end of Q3, all supporting roles, most of middle-management will be cut, and most of Presales - will go away too, and rest centralfised to Egypt. Savings everywhere. First they assessed all middle-managers M4, M5 and M6 if needed. And you know answer.

Curious how people usually spend their measly bonus? Do you put it in savings, book a vacation, pay bills?

After eight months, I'm still looking for a job. I had a few promising interviews just to get ghosted in the end. I'm lucky because I have plenty of savings to be okay for at least another year, but I know so many folks who are not so lucky. These layoffs destroyed so many lives.

Thirteen staffers in two New Orleans municipal departments received pink slips this month under Mayor-elect Helena Moreno’s plan to balance the city’s budget, the first of multiple payroll cuts that are expected to claw back $37 million in savings.

https://www.nola.com/news/politics/new-orleans-layoffs-budget/article_cf2f6e88-bc75-4c80-acde-40a2a3e9c836.html

What is your number for amount saved to retire and associated age to retire?

Why come we get many tax taken by gov between fed & state we losing more 1/3 of pay wtf ppl how do we keep from being robbed I need to save it this us bunk, hello?

HyVee must be in some financial trouble if they are cutting programs to save money for the company. HyVee is a billion dollar company and they are try to save cost by getting rid of employees benefits. Tell me you are not in financial trouble without tell me you are in financial trouble.

I'm putting in my resignation on Monday because this just isn't the right place for me anymore. I've watched the direction change, and I don't see a future for myself here. Add to that the toll the toxicity is taking on my mental health and I've had enough. I'm going to take some time to figure out my next step. Luckily, I have enough savings to be able to do this. Best of luck to everyone.

Most of probably sense more layoffs coming. Surely they won’t move forward until January though. That would be heartless and the savings would be a rounding error. There are a lot of Sarah haters on here. I’m not one of them, but getting a RIF for Christmas would certainly change my mind

Just out curiosity how many locations where treated to a holiday party?? As mine didn’t have one yet? Savings or just more deterrents to not stick around!!??

I go in to the office three days a week, I have a short commute and I don’t mind because the gym and stores are on the way so I just get errands done I’d do otherwise. However the office remains unchanged from my remote setup. I collaborate with my team in different time zones including India and customers scattered across various time zones . I’m an Eastern Time employee located in a hub location, my office is mostly deserted every day. People are coming in late and leaving early. Collaboration here is minimal; people are either too busy or stuck in their own silos, making it difficult for collaboration and I don’t think my Director would even want me to just start collaborating with other departments just to do it. We are already busy enough. I find it better to just collaborate with AI, which can be done from home.

But how can we measure success? I recall hearing about company savings when employees worked from home. Shedding costly Realestate. Do we have a measure for the success of the collaboration? In these though times for VZ, how much are we truly saving by having staff onsite? After all, we want to cut CapEx, right? I feel the leaner, scrappier, thing to do would just be to better monitor remote employees to save $.But maybe someone will show me the numbers proving how RTO helps the new strategy.

🙋‍♂️. Saved for 4 years on a down payment trying to buy a house so I can start a family. Due to all the layoffs, that has been put on hold indefinitely for as long as I work here.

Can't wait to get out of here but the job market is absolutely trash.

So how many value people are left? Now that corp stores are moving indirect, why not move 100% indirect? Save $$$

Mine went up 20 bucks a pay period for a comparable plan. So much for the savings with UHC.

More lies. Just like the OHI and then the RTO 3x/week.

I wonder how much money the company will save by this round ? You can easily bust the savings by wrong decisions on 1-2 projects due to loss of the key skills. I hope the bang is worth the buck.

Message Was to the markets and other industry leaders to justify the upcoming price increases to employer plans. Also to justify the massive 43M CEO pay. Clearly Savings from “the modest adjustment” barely match these massive pay and bonus c-suite increases. Aluta continua

We are all highly compensated. Do not let lifestyle creep affect you. I've been able to support a spouse that doesn't work and two kids off of my salary. At the same time, I've maxed out the 401k, IRAs and saved a full year of expenses. Do the same and these layoffs won't be painful. We all know another one is coming before we know it. Don't be a statistic.

Let the games begin!