#workforcereduction

258 roles closed from vsp and 259 got isp
I'm not a math genius but that's 517. Six months of me in panic wondering how both me and my wife who worked here until she just found a new role would pan out to feed 3 kids for 517 roles??????
This place is ran by id--ts.

Despite cutting the number of employees by ~55K, over the past 5 years the actual Employee Expenses (per the 10-Q and 10-K) have not gone down one iota. You can look it up.

My manager once again has let the cat out of the bag. You will likely hear in the coming weeks about significant additional cuts that they are going to do state side so they can reposition jobs overseas. They might as well rename the company Manilla Payments. Expect to see increase cost for our cr-p benefits (perhaps as high as 5%) and maybe 2% raises next year.

It’s pretty clear leadership isn’t thinking beyond the next quarterly report. The long-term impact of shedding talent, experience, and skill doesn’t seem to matter at all. No matter how well or poorly a company is doing, there are always cuts, so there’s more money for the people at the top. Leadership doesn’t care about efficiency. They care about the bottom line, right here, right now.

Does anyone know? We’ve been stuck in a constant guessing game for weeks now.

Dexcom, the San Diego-based maker of continuous glucose monitors for diabetes patients and prediabetics, announced Wednesday that it is laying off around 350 workers, or 3% of its global workforce. Most of these reductions, or 196 people, are in San Diego, and of those, 134 are in operations and manufacturing.

https://www.sandiegouniontribune.com/2025/08/27/citing-changes-to-its-operating-structure-dexcom-cutting-350-jobs-mostly-in-san-diego/

RIFs are occurring across multiple areas today..CCB and CIB

Around 15 employees, including someone holding a managerial position, were laid off at Freeport, IL, USA

If not, I afraid there will be another mini wave

https://www.timesunion.com/business/article/globalfoundries-makes-adjustments-workforce-20884231.php

Wow so instead of Christmas layoff, they made it start of school year one lol. Left that toxic company 2 years ago, and been happy ever since.

How many frac crews have been put down this year?

Have they been cutting in other PSL's yet?

The latest round of layoffs has taken some of the most skilled and experienced people off the team. Losing that knowledge and expertise is a huge hit, and I can't see how this benefits the company at all. Why are the people who built real value the ones being let go?

Get Ready, no bonus for you this year, then expect a call from you smart career counsellor around november 1st week and you will have a great thanksgiving because you will be thrown out of the window of ACN

Sounds like last layoff hit any fully remote worker? Did anyone survive or did they wipe that slate clean in the impacted departments? Were those affected given a relocation offer or just let go? Worried about my future with the company.

So are there going to be more layoffs for the w2 agents coming early September25? Got a few calls about “rumors” regarding this does anyone have any insight?

Buckle up—an enterprise-wide “skills assessment” is rolling out this quarter. Officially, it's about aligning talent with strategic goals. Unofficially? It’s the corporate equivalent of musical chairs. Fewer seats. Sharpen your résumés—consider this your friendly warning.

The adjustment’s going to be a nightmare. I’d bet anything we’ll lose the people who are the true backbones of the teams.

I applied for a job that they are filling due to 3 people taking VRP. Is this a good move? I thought they wanted to cut the workforce, not replace them.

Just sayin is all…

https://www.crn.com/news/networking/2025/cisco-layoffs-total-more-than-200-in-bay-area-cut

On the heels of the news that the company is refreshing its channel leadership, Cisco is cutting 221 workers in the San Francisco Bay Area by mid-October.

“I don’t want to get rid of a bunch of people right now. I don’t want to get rid of engineers,” Robbins said. “I just want our engineers we have today to innovate faster and be more productive, and that gives us a competitive advantage.”

https://www.linkedin.com/jobs/view/4284185518

Job posting for external organization design consultant with experience in large scale reorganization.

Arena BioWorks has laid off 30% of its workers 19 months after launching with $500 million and visions of bringing the Bell Labs model to biotech.

https://www.fiercebiotech.com/biotech/arena-bioworks-19-months-after-splashy-launch-lays-30-its-staff

I miss those days.

Anybody else feeling this way knowing that people with more experience (who helped me when I needed it the most) have been laid off? I'm grateful I still have a job, don't get me wrong, but I still feel incredibly guilty, even though I know none of this had anything to do with me.

This place is a disaster and is not going anywhere but straight down to the bottom of the ocean. Just a bunch of incompetent bench warmers just pretending to work for an underpaid salary. Would rather use that time for something productive instead of pretending to work and dealing with the BS at this company

https://deadline.com/2025/08/paramount-job-cuts-2-1236495593/

Curious where folks are seeing cuts. HSE here, and honestly I can’t tell how deep this is. I am seeing a lot of down grading of roles tho…

Letting people go to improve results is short-sighted and self-defeating. It doesn’t solve anything and just shifts the pressure onto those who remain, making everyone miserable and less productive.

How do people not realize this?

From what I am hearing, most of folks on ISP list will be DLs.

Given the objective of cascade 2 is to reduce leadership layers, it makes sense. GPs/Directors will save their skin and throw DLs under the bus.

Skills, capabilities and performance will not matter. If you are a DL and don’t have a GP/Director protecting you, your name will end up on the ISP list.

That’s just how it is - layoffs, all the time. We probably won’t even have to wait until next Friday, or Sept 2, or whatever date is floating around, to find out.

Any truth in this Rumour?

They are planning a mass layoff 8/22/2025

The WIM hammer is coming. Market Leaders not recruiting, gone! Branch Managers not recruiting, gone! Not generating income via Alts, gone!

Does anyone know if there will be more TAM Layoffs coming now that everyone's been given a new title?

I’m hearing rumors that business lines/functions will have 20% targets for an October RIF. Is anyone else hearing the same? Does anyone know of any specifics?

The company is tightening up its workforce across multiple divisions and restructured several parts of its business, resulting in the loss of 30 jobs. The cuts have been made with “the goal of investing in capabilities that will propel our business into the future,” according to a Hallmark spokesperson.

https://www.thewrap.com/hallmark-layoffs-company-restructuring/

We all know leadership’s goal is to cut us down to bare bones. Why waste time and energy on PIPs, ffs? Just to save a couple of bucks in a sea of layoffs?