#company

Please post your region, group, and (if comfortable) age once it starts. Let's try and keep it clean, just for the layoff info so we know what's going on. TY

• During Q3, Verizon added 137,000 postpaid net accounts and 406,000 postpaid phone net adds
• Earlier this year, Verizon purchased the FWA company Starry, and now it’s tapping its own mmWave spectrum to propel FWA
• In broadband, Verizon delivered 314,000 net additions in the third quarter

https://www.fierce-network.com/broadband/verizon-ceo-schulman-says-hes-demanding-employees-its-paying

The entire IT Delivery Business Desk is being laid off globally, and we've been told that only a handful of positions will be available for affected employees to apply for. This is devastating. Many of us could soon be out of work despite years of dedication, hard work, and loyalty to Marriott.

It makes you wonder what happened to Marriott's core value of putting people first. Does that commitment still mean anything? Does Tony recognize the contributions and sacrifices of long-serving employees, or has the bottom line become the only priority?

What's most disappointing is how easily people's lives can be turned upside down. We're not just numbers on a spreadsheet. We're employees with families, mortgages, bills, and responsibilities. We've given years of our lives to this company, believing that loyalty and commitment meant something.

If Marriott truly believes in putting people first, this is the moment to prove it. Values should be reflected in how a company treats its people during difficult times, not just in corporate presentations and slogans.

Please post here, I wish to count how may of you lost $100k

Is there any information on technician layoffs ? I’ve heard nothing at all.

Hahahahahahahahahahahah

Ahhhhhhhhhhahahahahahahahah

I heard that Prepaid ISEs now answer to HQ effective 12/31.... does anyone know what that means? Would the company get rid of prepaid support? Is anyone out there able to provide any clarity?

Leave the date of the layoff vague. Now people are barely able to work from anxiety, and we're not even sure it'll happen tomorrow. Self-sabotage at its best.

Many of us who have been around for a while and who are friends with our PGL have warned everyone about October layoffs. I sat with my PGL yesterday and he said there is no work and too many people. All those who deny the inevitable, the last day of the working month is Friday. Most of us have known our PGL for at least 20 years. He know who he can talk to. See you at lunch.

Is it normal for contractors to be pulled into panel interviews for FTE? Is it allowed?

Looks like IT was impacted by a reduction in force today. Still unclear how widespread the cuts are or which teams were affected.

Has anyone heard more about the scope of the layoffs?

Has anyone heard anything about how contractors will be handled?

I have it from the highest authority that more layoffs are being planned to make Q4s imaginary numbers look intentional. Iceberg dead ahead!

Some director at Suncor posted on LinkedIn they are hiring an engineer to prepare for the mgmt of Hibernia and Hebron. Does this mean operatorship will change hands? Or divestment?

Someone posted on LinkedIn they were looking for an engineer to prepare for the mgmt of Hibernia and Hebron. Those assets are operated by ExxonMobil currently.

There will be mass layoffs due to outsourcing jobs to India (Genpact). Nobody in the media is talking about this. They are shipping our jobs there and every company that's doing that should be charged a tax or some other form of payment as they are collecting money domestically and sending jobs over there - we are destroying good jobs at home and country loses skills and people lose source of income, only shareholders and India win, but that's ok but we need to win domestically too and we should vote for whoever makes an effort to prevent this. SHAME ON YOU ALDI!

Listen, kiddos. Companies have bills to pay, just like your family does. They have to make money to keep the lights on, pay everyone, and stay in business. But when business gets tough, companies start looking for ways to save money. They cut departments and lay people off.

Having a job isn't something you should take for granted. That is why you show up, do your work, learn new things, treat people right, and make yourself someone the team can count on.

But you should understand that a paycheck is not guaranteed just because you showed up yesterday.

Be grateful you have a job.

Nobody owes you a free ride. You earn your keep, you do your part, and you don't wait until the roof is on fire to check the smoke detector.

Just imagine staying and a) having to do 2 or 3 times more work because all the teams are going to shrink and the work will either stay the same or increase or b) thinking you're safe because this should have covered it all just to realize not enough people accepted the offer and get caught in an involuntary layoff with less of everything.

https://overpaid.lol/#calculator

any word on if she supports return to office or remote?

Post updates here. Include region/hq and group if able. Avoid chatter and stay on topic. Recreating because it’s not July. My god what a stressful week. Good luck everyone.

https://finance.yahoo.com/markets/stocks/articles/qualcomm-layoff-notices-start-november-180043223.html

Google's parent company, Alphabet, has announced significant workforce reductions, impacting 12,000 employees globally. This move brings the total number of tech layoffs in January 2023 to over 30,000. CEO Sundar Pichai cited changing economic conditions and a need to align hiring with the current reality. The affected positions span various product areas, functions, and regions across the company. This decision follows similar large-scale layoffs at other major tech firms like Microsoft and Amazon.

Mountain View, California

https://www.techtarget.com/news/Tech-workforce-cuts-accelerate-with-Alphabet-layoff/850818/

Is today going to be a lighter day?

Any updates to the CB sales teams?

Any one hear or get the email ?

Microsoft is offering voluntary buyouts to approximately 60,000 employees, representing about 27% of its global workforce. This move is intended to help manage significant capital expenditures related to artificial intelligence infrastructure. The offer is available to eligible employees in the U.S., Canada, India, and the U.K. This initiative follows previous voluntary programs and job cuts implemented by the company. The decision to accept the buyout is up to the individual employees, with a deadline in early December.

https://finance.yahoo.com/technology/ai/articles/tech-way-500-000-layoffs-195418765.html

Consolidating info here. Post your general group and if you were affected today. Keep chatter/off topic to a minimum. Hopefully today is the final day of announcements, good luck everyone.

https://youtu.be/1tpVDcOHqbc

Should be quite predictable by now, but again here we go right before earnings. More people just vanished. People that you would think were valuable, but alas dispensable considering more holes in the revenue and not as many took the early out as wanted. So, back to the grind, time to again take on more work from those dearly departed.

Who around you just vanished into thin air?

Seems there could be two separate things going on here. 3000 layoffs AND all the tech jobs going to India.

Is there a way to know how big was this round?

I mean, with such strong Q3 results and raised expectations, we should feel safe for a while. There's no need to cut even more folks when we're doing so well. Right? Right? /s

I'm new here, I'm just wondering what to expect.