#company

made today's list huh

https://x.com/TheLayoff/status/1988302663214383307?s=20

How AI became the scapegoat for the current wave of mass layoffs

Labor experts reveal the truth behind AI job disruption, and why companies are so willing to cite AI as the excuse for slashing jobs.

https://www.fastcompany.com/91435784/how-ai-became-the-scapegoat-for-the-current-wave-of-mass-layoffs

We're supposed to have layoffs on November 20, and yet every day somebody posts about this or that group being affected by cuts. Are people lying or is there really an ongoing pre-layoff happening, and if it is, what's its point?

Do we know if PBE and Freelance employees are required to RTO in Jan?

Layoffs are every other week these days. Gotta cut cut cut those costs. Still need to get under 90k employees. Only 35k more to go. Eventually it will hit the techs, but I’m sure only the junior most people to reduce costs.
Is 90k something that has been officially confirmed as the end goal or are people just guessing?

Are those still a thing?

Piper guy yes we are hereby naming you tragedy king! But did you saw the great financial results not trying to rub it in. Wishing you and your family the same negativity multiplied 100000 times.

Politico: ‘Sold POTUS a bill of goods’: WH furious with Pulte over 50-year mortgage. This might put a kabash on the ipo idea and pulte himself. But Mike might still want to continue with the layoffs. It’s his favorite thing to do - to get rid of people. If it was up to him, he would just work with strings, pixel and numbers

Have Houston layoffs started yet? Maybe they have changed their minds.

This is crazy. Last thread was deleted. Not sure why. there wasn't anything in it that was bad.

Has anyone who has quit, been terminated, or had a serious type of grievance with belk ever been asked to sign a non disclosure agreement?

Layoffs have already started with multiple Market presidents. Just check Workvivo. Notice there’s some we don’t hear from lately. They gone! These layoffs are starting from the top and trickling down. A lot of Senior Directors and Directors are next. They are keeping them around to deliver the bad news to retail stores. Be aware of any open positions not being filled or weird last minute moves to save good employees from being cut. It’s simple math less stores, less retail employees, less Directors, less R2B and the dominos fall. Be very nervous if you get a calendar invite for a mandatory meeting between Nov18-20. Or if you start to see routine meetings canceled. Most likely you will be impacted in some way. Most executives have some knowledge just look at how a lot of Presidents, VPs, and Senior Directors are silent. That’s because they are already out of the business or will be soon. Go ahead and test it ask about why your President or VP has been off the grid lately.

Watch closely and observe the clinical precision of LBT in cleaning up the deadwood, scammers and imposters in leadership. Absolutely brilliant!

1. MJ gone
2. Christoph gone
3. Saf gone
4. Ann gone
5. Pambianchi gone
6. Lavender gone
7. Sandra gone
8. Sachin gone
9. Bruckner gone
10. Adding Craig to board must mean he’s getting ready to push someone out

https://investors.xerox.com/static-files/adf78906-cdf0-4fef-b8ce-21264d06bd9b

JFC. It's in there under 'Worldwide Employment' as of 9/30/25 there are 26,300 Xerox employees now. Much worse than I thought it would be.

Was this scheduled already or come up last minute? Seems like there’s some sort of announcement?

You realize this will happen in Freddie few weeks from now?

157€

Back to 2016 levels. 100 invested in 2016 gives you 100 9 years later

Record results and brand heat ?

ConocoPhillips is in the process of executing a huge layoff.
One thing they’re doing is offering Expressions of Interest for those employees interested in leaving voluntarily. This will give a number of employees the chance to stay that otherwise would have been laid off.
P66 could have done the same thing but that wouldn’t have caused near as much heartache.

Seeing posts discussing some of the orgs and rumors of how hard they are going to be hit, wondering what it's looking like for GN&T

It appears at least some level of layoffs are in progress at Viasat

Update following 3Q earnings (1year returns) and an updated investor presentation:

Delek 142%
VLO 32%
MPC 30%
PBF 25%
PSX 13%

If so, what orgs were impacted?

I have already asked my supervisor and he does not know.

Penny Pennington announced Edward Jones is the official Wealth Management partner of the Big XII Conference. This figures. A third class wealth management firm for a third class athletic conference. Everyone knows the top two conferences are the Big 10 and the SEC. Come on, Penny, if you really mean business you should do better. Everyone knows you are not a real leader and you are in over your head. That is why you could only secure a deal with the Big XII. While the Big 10 and the SEC have been adding programs leading the NCAA in positive growth the Big XII has been losing programs and been scrambling to pick up third tier programs to fill the holes. This sounds very similar to Penny Pennington's leadership at Edward Jones. While top leaders at Schwab, Raymond James, and LPL take talent from Edward Jones Penny Pennington is scrambling to fill the gaps as best as she can. Penny Pennington is just not adding up. Penny Pennington has already sealed her fate as a doomed leader in firm history.

The 3 CEOs before Gail served an average of 4 years while she has been here for double the amount of time.

Here is a history of how long the previous CEOs served at Elevance/Anthem/Wellpoint.

Gail K. Boudreaux- CEO of Anthem/Elevance since 2017 (~8 years)

Joseph R. Swedish- CEO of Anthem from 2013-2017 (4 years)

Angela F. Braly CEO of Anthem from 2007-2012 (5 years)

Larry Glasscock CEO of WellPoint from 2004-2007 (3 years)

Heard there was a call this morning with FTEs.

I was just informed that our market is reducing the number of coaches in each store. Since I was the most recent addition to my current location, I’ll be transferring to another store in the market. Curious if anyone else has experienced this and if seniority is usually the deciding factor.

It’s not gonna stop. Tough working for a shrinking poor long term company.

Wells Fargo is a nightmare to work for. The environment is toxic, and people are getting laid off constantly. If you're considering joining, don't.

How does bp get work done? When there is a perceived and peer/supervisory pressure to attend/host perpetual Teams meetings. Is this on purpose?

Please share if your team has been affected.

The last day was end of October.

So much for WF being a 'family'

HR and leadership teams remain intact despite large cuts to technical and customer service staff... They exist to serve themselves.

Anyone here planning on quitting come January when RTO goes into effect?

Yes we have issues, yes there’s a lot of people doing a lot of nothing. I know mass layoffs in the union are unlikely but does anyone know what sort of restructuring we might see?

Layoffs and terminations at ISPs have commenced; however, there will be a gradual increase next year. If your group is affected let people know

Any hint on when this latest layoff round would hit EMEA? Besides ANS who i think got hit globally, would be good to know what's happening with the VCF division.