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Is BNY's reputation affecting your job hunt?

I haven't been here long, but the company's public image seems to have taken a real hit lately. I'm starting to worry that having this on my resume might not be helping my applications. Maybe it's just my nerves, but the thought's definitely crossed my mind more than once.


Predictions 2026

Well, 2025 is almost over. It's time to revisit the 2025 predictions and make new ones for 2026.

I don't really know which rule the predictions thread violated, but the original 2025 Predictions thread disappeared after being up for a really long time. Not sure what happened there. Someone partially resurrected it here: https://www.thelayoff.com/t/1k38aeyac

So, weigh in on which predictions were right, and make some new predictions for 2026.


The great job shift, short term wins with long term consequences

With jobs moving to Mexico and India at lightning speed, I'm sure companies like PepsiCo have a solid plan to ensure US consumers can still afford their products. I mean, who needs a thriving middle class, right? Guess we'll just have to rely on robots and AI to buy all the stuff. Every year there is more hiring and pushing of jobs to Hydarabad. I heard from a colleague that in the S&T townhall, the VP Strat was gloating on how finance function moved all roles to Hydarabad (tongue in cheek laying off US workers).

Seriously though, how do they plan to sustain growth without a strong US customer base and more importantly money in their pockets? Do companies like PepsiCo have a Plan B to deal with the impending doom of a cash-strapped US consumer? Do they just assume people will magically keep buying their stuff despite having no income?


More key figures ready to jump ship

Apple Inc., long the model of stability in Silicon Valley, is suddenly undergoing its biggest personnel shake-up in decades, with senior executives and key engineers both hitting the exits… And more changes are likely coming.
Johny Srouji — senior vice president of hardware technologies and one of Apple’s most respected executives — recently told Cook that he is seriously considering leaving in the near future.
https://www.bloomberg.com/news/articles/2025-12-06/apple-rocked-by-executive-departures-with-johny-srouji-at-risk-of-leaving-next


All hat no Cattle!

I've been watching all of Dan's interviews, and attended his online Webex updates. Based on RIF execution and the substance of everything I've seen. My comment for our pretend cowboy/mixed martial arts master/Self proclaimed overachiever and coffee aficionado is: ALL HAT NO CATTLE!


Rezolute

Dr-g developer Rezolute is considering potential layoffs. This decision follows the recent failure of a late-stage clinical trial. The article does not specify the number of employees targeted for these reductions. No details are provided regarding the specific departments or roles that will be affected. The company's strategic evaluation of its workforce is a direct result of the clinical trial's unsuccessful outcome.


Low Carbon Solutions Management and Workers (Time to Go)

Folks, We all knew it was a farce from the beginning. 95% of those selected to join LCS were known to be unproductive, unoriginal yes men backstabbers.

It is time the leadership say that all from top (ex-VP to lowly minds from rando tech people with fake strategic titles) who have been an energetic part of theLow Carbon Solutions fraud be laid off.


More layoffs coming in 2026

The 13k that were laid off is just the beginning. There will be more layoffs coming in 2026 which will include a lot of bottom line employees. This is why it is important for front line reps to unionized. Don’t let HR and higher management try buying your silence with free lunch and scare you with them constantly showing up to your store. The company is also going to be very strict when it comes to reps, managers and higher leadership selling with integrity. The company is focusing on customer satisfaction which means they will start firing people if they conduct themselves in gray area practices.


Class Action Lawsuit

Former employee seeking info about getting in on the lawsuit.. Obviously had service with EMO discount on both 3/30/24 and 7/12/24. Deadline to file is 12/18, what do I need to know and how do I ensure my settlement is as large as possible and comes straight from Stankey?


Ewe

Stack rankings combined with trying to be more like Amazon has hurt the work environment. You end up focusing more on how you can present the impact of your work during performance management instead of true collaboration and creativity. They are pretty bad they do not care about employees they talk a good talk but it’s all bs loyalty comes from treating people not like slaves


Long Overdue

The restructuring this week forced on PEP by Elliot was a long time coming. I was in the market today and Lay's PC was 42 cents per ounce and the HEB label was 28 cents. PEP is charging almost a 50% premium for a product that is no better than HEB. What does the consumer get for paying that premium ?.... nothing. HEB chips are just as good as Lays. It seems that fat premium PEP charges is just used to maintain an expensive bloated, top heavy, inefficient, complacent bureaucracy which isn't focused on either the consumer or the shareholders. Management not only let this happen, but allowed it to continue year after year as they just cruised along on auto-pilot with their "business as usual" strategy of just shrinking the bag and raising the price oblivious to any consequences. One consequence is that they attracted the "Activist Investor" sharks. The sharks detected a big fat ineffective bureaucracy floundering in the market place, they circled it, and are now starting to tear it apart.


What are you thoughts on the leadership updates?

With all these leadership announcements, do we think these senior leaders (Manmohan Mahajan (Finance), Lanesha Minnix (legal), Beth Leonard (Corporate Affairs), Erick Rudiak (CISO), etc., to name a few of the most recent ones) all "decided to leave Walgreens" on their own or, do you think Sycamore laid them off?


Horrible business model

Nowhere is safe in this economy but in over 7 years with PepsiCo my conclusion is this company is one of the most unstable I’ve ever been associated with. And unlike some that made cuts for somewhat plausible reasons - like industry downturns, natural disasters etc, with PepsiCo it’s their approach to prosperity: cover up for blatant mismanagement by senior leadership by slashing rank and file workers. Horrible business model.

An on point post by @a7+1kc2hcctd.


not what I imagined…..

I have been at this company for 5 months and it’s nothing like it was sold to be in my interviews….. the promise of hybrid work just to be forced back into office. The promise of an upbeat environment just for it to be dull most days. I’ve heard through the grapevine that so many people aren’t happy….. Granted it’s better than Wells in more ways than not lol, but Man!? Am I the only person hired in the least year that feels like I was lied to?