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How many SVP and VP’s does HR need?

It’s honestly wild, good for them buddying up with M.L. from the start and getting in his ear on who to cut, that’s worked out well so far! (For them) ….But hey smart move by HR, they all get promoted and never laid off. I’m not saying they don’t provide value overall, but I find it odd/maybe the reason that they are the kingpins of this failing company…


SIU townhall canceled

The SIU townhall, which was already reduced from monthly to quarterly, was just canceled today for the 8/31/2026 scheduled date. The last SIU town hall was in May and the next one is not until November. Sabrina continues to demonstrate that she refuses to face us and take accountability!!


India based staff

Why is this site now full of questions on india? I don't care about them, the computational team, how they will support their kids schooling et. Can we focus on the west as this is what this site is about. If those lot want to discuss india, then create a Shell bangalore section and talk away.


Sassine will bring down the company

Very excellent engineers have been laid off……
Businessmen like Sassine only know about profits and keep reducing his holdings of the company's stocks at low levels, which shows that he has no intention of bringing the company towards normal profitability and only has his own interests in mind.
As a CEO, such a person will cause the company to collapse


Layoffs in news this week

Major Corporate Layoffs

  • Volkswagen CEO warns German workers of sweeping layoffs to come — The Washington Post (Yesterday)
  • LIV Golf plans mass layoffs as league seeks investors to survive — The New York Times (3 days ago)
  • US Tariff Threats and VW Layoffs Hit Sector: Week in Automotive — Mexico Business News (2 days ago)
  • Among Us 3D Developer Schell Games Confirms Layoffs — UploadVR (3 days ago)
    Healthcare & Education
  • KCRHA Layoffs Begin, With Executive Positions, Financial Staff Untouched — PubliCola (3 days ago)
  • FAS Ends Layoff Notifications With 165 Positions Eliminated — The Harvard Crimson (8 days ago)
  • Johns Hopkins University lays off over 100 employees due to federal research cuts — The Baltimore Banner
  • Layoff Warnings Hit Thousands of School Employees — Education Week
    National Jobless Claims
  • The number of Americans applying for jobless aid slips to 203,000 as layoffs remain low — ABC News (2 days ago)
  • US jobless claims fell to 203,000 last week, remaining at historic lows as layoffs are rare — 10TV (2 days ago)
  • US filings for jobless benefits rise to 197,000 last week, but layoffs remain historically low — AP News
    Other Notable Layoffs
  • What ICE money could buy: Iowa layoffs and news Aug. 27, 2026 — Iowa Starting Line (2 days ago)
  • More Than 30% of FAS Social Sciences Staff Laid Off in Largest Wave Yet — The Harvard Crimson
  • Disney/Pixar Bears Brunt of Disney Studio Layoffs as Company Axes Several Hundred Staffers — Variety
  • Uber lays off 10% of customer service workers and calls others back to working in the office — Business Insider
  • Zillow layoff details show severance terms and senior roles cut — HousingWire
    [The overall labor market remains relatively stable with jobless claims near historic lows (around 197,000–203,000), suggesting that large‑scale layoffs are not widespread across the U.S. economy, though specific sectors and companies are implementing significant workforce reductions.]

Pendo Reduces Staff by Ten Percent

Pendo has announced a significant workforce reduction, impacting ninety employees. This decision represents approximately ten percent of the company's total staff. The chief executive officer cited changes in the technology landscape as a reason for the layoffs. The company is adjusting its operations in response to evolving market conditions. This move signifies a strategic shift for the organization.

Raleigh, North Carolina

https://www.bizjournals.com/triangle/news/2026/04/07/pendo-layoffs-raleigh-software-tech-ipo-unicorn.html


Hiring frees? Silent departures.

Rumor is there is a hiring freeze. That makes sense with the state of the business, but I’ve seen 20+ people leave and mostly not get replaced. Just in the past 3 months.. In the few instances they have, the backfills old role remains open and the backfill is doing multiple jobs.

The vast majority that I have seen leave are actually good at what they do. Every one that I spoke to also confirmed they were getting paid much more at their new jobs outside the company. They have silently departed.

My boss is always nice and supportive, but I can tell that he is nervous too. He was very professional when I asked him about but said “at Pepsi, you always have to see the focus trends early and be prepared for layoffs at any time.” He’s been here 15+ years and knows his stuff, but I can tell it’s is really wearing on him lately.

What I need to remind myself is to start looking for another job now. Those 20 people were senior levels to me and good. That is a sign of how employees are being valued. The smart people figured this out before me.


Refinery timeline

Does any one have an idea when the reorganization will come to the refineries? I've heard rumors of October but if they announce the new chart then I don't know if layoffs will happen then or after the first of the year.


New CEO Appointed at Publicis Health Media

Stephen Farquhar has been named the new CEO of Publicis Health Media, replacing Andrea Palmer. Farquhar previously led Publicis Health's U.S. operations. Palmer had been with Publicis for 19 years and was instrumental in PHM's growth. The reason for Palmer's departure was not officially stated. Farquhar's extensive experience includes leadership roles across various markets and industries.

https://www.fiercepharma.com/marketing/stephen-farquhar-takes-over-ceo-publicis-health-media


Team Liquid Announces New Global Staff Reductions

Team Liquid has initiated another round of global layoffs affecting various departments. Sources indicate that revised financial forecasts and broader macroeconomic challenges are contributing factors. Shifting commercial investments within the gaming market are also cited as a reason for the cuts. The termination of a major partnership in May 2025 appears to have been a significant turning point for the organization. Team Liquid declined to comment on the situation.

United States

https://www.sheepesports.com/en/articles/team-liquid-hit-by-new-global-layoffs-amid-commercial-difficulties/en


A Little Positivity?

Is all the bashing of Schwab and its senior leaders here really warranted? There's a reason why Schwab is consistently ranked a top employer in nearly every city where it has a campus. Because it's a really great place to work. The pay is well above average, the benefits are 1st class and the company does really care about its employees.

Now I don't kid myself. I know at some point that Schwab will need to make a decision in its interest that won't be in mine. I come to this site to get an idea of when that may happen so I can plan accordingly. Instead I just end up reading a bunch of nasty comments about how terrible the company is. Last summer we cancelled our lawn care service for financial reasons and now my husband cuts the grass. I would sure hate to think the crew that came out to my house each week was now online badmouthing me like a lot of you are doing to Schwab.

I love Schwab but I'm a realist. At some point they will probably lay me off. But til then, I am committed to giving them my best and so should the rest of you.