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Didn't need an Ivy League study for this...

https://as.cornell.edu/news/workers-who-love-synergizing-paradigms-might-be-bad-their-jobs

Employees who are impressed by vague corporate-speak like “synergistic leadership,” or “growth-hacking paradigms” may struggle with practical decision-making, a new Cornell study reveals.

Published in the journal Personality and Individual Differences, research by cognitive psychologist Shane Littrell introduces the Corporate Bullsh-t Receptivity Scale (CBSR), a tool designed to measure susceptibility to impressive-but-empty organizational rhetoric.

“Corporate bullsh-t is a specific style of communication that uses confusing, abstract buzzwords in a functionally misleading way,” said Littrell, a postdoctoral researcher in the College of Arts and Sciences. “Unlike technical jargon, which can sometimes make office communication a little easier, corporate bullsh-t confuses rather than clarifies. It may sound impressive, but it is semantically empty.”

Although people anywhere can BS each other – that is, share dubious information that’s misleadingly impressive or engaging – the workplace not only rewards but structurally protects it, Littrell said. In a work setting where corporate jargon is already the norm, it’s easy for ambitious employees to use corporate BS to appear more competent or accomplished, accelerating their climb up the corporate ladder of workplace influence.


Corporate keep sending some of your people to the stores to work........

Nothing better to do with your corporate time then waste a couple days a week/hours on going to a store? No work to do? Come to the stores and just get in the way and have no idea of things. It's beyond comical. Talk about a waste of time. Must be nice.


So Done With the Same old BS

This is not Ned's Fidelity. It's extra cut throat these days and most of the L3s and above don't even bother to feign like they give a sh!t about the majority of the associates, except a few of their special people and anyone else who's been deemed worthy by their peers. It really doesn't matter what you do to try and get a great rating, bonus, and stock. 90% of those "leaders" are only going to keep doling out the real $$$ to their friends, regardless of whatever you did this year. I don't blame the associates who have a bad attitude. I'm starting to really dislike the environment here, but even if you have great AI skills, it's a bloodbath out there. See Microsoft VBO 25%+ of their employees. Maybe it's time we unionize or protest like the kids in France. It's not going to end well as we shift into AI overdrive. Even for a backwards company like Fidelity.


Summit

The summit this week to reset the E&I Department is less of a strategic breakthrough and more of a desperate exercise in corporate CYA. After twelve long months of toxic management, ignored warnings, and immense personal strain placed on frontline staff, leadership is attempting to sweep a year of chaos under the rug with a single meeting. But true ethical leadership isn't about deflecting blame when things collapse, it requires genuine responsibility. You cannot hold an honest reset while refusing to acknowledge how we got here, who enabled the crisis, or who is still sitting at the table.

Hosting a reset meeting is a farce when leadership ignores the actual timeline of events. For an entire year, investigators were pushed to their absolute limits under unrealistic deadlines, while HR took months of internal and external reviews just to conclude what everyone on the ground already knew: CJM was a terrible fit. To add insult to injury, every employee who bravely raised a concern was met with zero follow-up and total silence.

How does it make any sense to host a reset summit when the very leaders who enabled and drove this toxic environment (SV, LW, MZ) are sitting right there in attendance? While frontline team members faced retaliation and targeted pressure for speaking up, CJM, SV, LW, MZ operated with full protection. You simply cannot repair a broken culture alongside the people who broke it.

What happened here is every company’s worst-case scenario: employees crying out for help while leadership turns a blind eye. Team members endured horrific psychological strain, spending sleepless nights wondering if they would even have a job tomorrow. Meanwhile, executives sat back protected, collected their paychecks, and cashed out their stock options while money and a full year of progress went down the drain.

This was an executive leadership failure from the top down, starting with CK. If leadership actually wants to heal this department then CK must open the summit with a real apology, admit he protected a so-called expert at the expense of the team, and step aside if he can't fix it. The new interim E&I Officer must be given unfiltered access to every complaint directly, bypassing executive summaries.

Ultimately, an institutional "reset" cannot be considered credible when it refuses to address the root causes of the crisis, the leadership failures that enabled it, or the continued presence of those responsible at the decision-making table. True organizational restoration requires more than performative gestures; it demands full transparency, decisive corrective action, and executive-level accountability. Until leadership moves beyond empty rhetoric and confronts these systemic failures directly, this summit remains a superficial exercise in damage control rather than a genuine path toward structural reform.


Humana Suppresses The Truth and any Honest Negative Feedback or Coverage

This time of year, during AEP, Humana seeks to stifle anything negative on here, on LinkedIn, on Reddit, and even the news Media

They shamefully pay off all sources that could make them look bad.

If it could be proven we could probably sue some of these organizations for censorship by means of being bribed.


Optum Rx faces House probe

The House Oversight and Government Reform Committee is demanding answers about what Chair James Comer (R-Ky.) alleges may be retaliation by leading pharmacy benefit managers against supporters of PBM legislation.

https://www.modernhealthcare.com/insurance/mh-optum-rx-express-scripts-cvs-caremark-house-probe/


Open Letter to CIO

Hi folks,I’m thinking about sending this open letter to the CIO and or CFO. Please share you thoughts with me here about how it can be improved.

Dear CIO,

Your recent reorganization announcement identifies many things TIS desperately needs: clearer accountabilities, better collaboration, stronger business enablement, and more efficient delivery.

Those are the right priorities. But for many of us, the announcement was deeply frustrating.

We've been waiting years for these improvements.

The previous transformation initiative was supposed to address longstanding problems with governance, decision rights, processes, and collaboration. It delivered little meaningful change because the executive leadership team couldn't align on what needed to be done.

Then we gave you another year to learn the organization and establish your direction.

You've been with the company for approximately 15 years. You're an SVP with significant authority, a substantial budget, and the ability to bring in whatever expertise was needed. You didn't need to wait for a reorganization to start fixing these problems. That work should have been happening in parallel.

You inherited the dysfunction. But after a year in the role, you own the lack of progress in fixing it.

We've reorganized. What have we fixed?

Your announcement changes reporting lines and leadership responsibilities while acknowledging that significant work remains to determine how the organization will function.

That's difficult to accept.

The same executive team that has struggled for years to resolve cross-functional problems now has substantial new portfolios, teams to integrate, and businesses to support.

Expecting those same leaders to somehow find the time, alignment, and motivation to transform TIS is not a credible plan.

Running TIS and fixing how TIS works are both essential. But the latter cannot remain a side responsibility for the people who have repeatedly failed to deliver it.

Put trusted leaders in charge of transformation

Establish a TIS Transformation Council comprising a small group of directors and managers selected for their credibility with TIS employees, delivery performance, and the trust they've earned across the organization.

You don't need to guess who those people are.

Employee engagement survey results provide evidence of which leaders have built strong teams, earned employees' confidence, and created environments where people feel respected and supported. Combine those results with delivery performance and cross-functional credibility.

Let the council choose its chair. Give it dedicated capacity, a budget for external expertise, direct access to you, and the authority to challenge existing practices.

Task it with fixing the processes, governance, decision rights, and accountabilities that connect TIS. Require practical recommendations, implementation plans, measurable outcomes, and deadlines.

The executive leadership team must remain accountable for implementing the changes, but it cannot be allowed to stall them through competing priorities or an inability to reach consensus.

And listen to the people doing the work. Many have been identifying these problems for years.

Change is about human behaviour. If you want employees to embrace it, put leaders they already trust in charge of making it happen.

Reconsider who you're trusting and rewarding

One of the biggest criticisms of the previous CIO was the perception that loyalty mattered more than independent judgement and that challenging leadership carried personal risk.

Your appointment was supposed to change that.

Yet employees have seen a highly respected, trusted, and effective director leave after demonstrating the courage to challenge senior leadership and stand up for what they believed was right for the company. Not only did you fail to stop it, you've told us you enabled it.

Whatever the circumstances of that departure, its effect was chilling.

Meanwhile, leaders facing longstanding concerns about their performance, people leadership, and ability to deliver meaningful improvements remain in senior positions. Some have even been promoted.

The message employees take from this is troubling: challenging leadership may cost you your career, while failing to deliver results carries little consequence if you retain the confidence of those above you.

Whether or not that's the message you intend, it's the one your leadership decisions risk reinforcing.

Are you rewarding the people who make TIS better, or those who are best at managing their relationship with you?

When employees believe speaking up carries greater risk than underperforming, they stop telling leadership what it needs to hear.

You need to challenge your executives, confront poor leadership, and reward integrity, competence, and results rather than loyalty or personal relationships.

Accountability requires capability

There's another lesson from the previous leadership regime that appears to have been missed.

The former CTO wasn't necessarily the underlying problem. The bigger failure was assigning that position an unrealistic breadth of authority without adequate checks and balances or consideration of the capabilities required.

That was a leadership decision.

And we risk repeating it.

The new structure assigns executives responsibility for broad and sometimes very different technology disciplines. But have we adequately assessed whether they possess the experience and judgement to lead them?

We wouldn't assume a civil engineer was qualified to lead pipeline integrity simply because they held an engineering degree. We'd expect relevant expertise.

Why should technology be different?

Cybersecurity, cloud infrastructure, software development, enterprise architecture, operations, AI, and technology strategy are distinct disciplines. Experience in one doesn't automatically qualify someone to lead another.

Technology expertise deserves the same respect for specialization that we give engineering.

Executives don't need to be experts in everything they oversee. But they must recognize their limitations, understand the expertise required, and empower capable people to exercise genuine authority.

Otherwise, we're setting leaders up to fail and then expecting to hold them accountable for responsibilities they may never have been equipped to fulfill.

As CIO, you're accountable not just for your executives' performance, but for whether you've put the right people in the right roles with the support and authority to succeed.

Stop leaving employees to reconcile contradictory expectations

Your direction appears to give the business greater authority over technology decisions while TIS retains responsibility for architecture, cybersecurity, standards, and risk.

That ambiguity is unfair to employees and dangerous for the company.

People are expected to follow established governance requirements while being criticized for slowing down the business when they do exactly that.

If the policies are wrong, change them. If accountability belongs elsewhere, move it. But don't expect employees to read your mind.

If you want to change the rules, change them in writing. Communicate the new expectations, align authority with accountability, and stop treating employees who follow existing policies as obstacles to business enablement.

The longstanding ambiguity between the BSS/DSS teams and TIS is another example.

You knew about these problems from your years in the business. Yet after a year as CIO, the boundaries, decision rights, and accountabilities remain unclear. Have we moved the needle even a little? It doesn't seem so.

These aren't technical problems requiring years of study. They're leadership decisions that should have been addressed long ago.

Lead the organization. Leave the technology to the experts.

You weren't appointed CIO because you had the deepest technology expertise.

Your value proposition was your business knowledge, relationships, leadership experience, and ability to improve collaboration and organizational culture.

Those are valuable strengths. But we need to see them put to work.

We already have talented professionals who have spent their careers mastering technology, delivery, governance, and risk management.

What we lack is consistent executive leadership that trusts their expertise, removes organizational barriers, resolves conflicts, and supports sound professional judgement.

We don't need you to become the smartest technologist in the room. We need you to create an organization where the smartest technologists can do their best work.

The previous CIO brought technical discipline but struggled with culture and collaboration. Your opportunity was to retain that discipline while fixing the leadership problems that held us back.

Instead, we risk weakening governance without materially improving trust, accountability, or organizational effectiveness.

That's not the change people were expecting.

It's time to raise the standard

Nobody expects you to resolve years of dysfunction overnight. But after a year in the role, we should have a credible plan, dedicated leadership, clear accountabilities, and evidence of progress.

Instead, we have another reorganization that appears to reward the EMT, and another promise that the real work is about to begin.

We need you to establish the Transformation Council or something similar, empower trusted leaders, resolve longstanding accountability problems, and hold your executive leadership team responsible for supporting meaningful change.

We need you to reconsider whose advice you rely on, whose performance you reward, and whether employees can challenge leadership without fearing the consequences.

And we need you to hold yourself and your executive team to the same standards of competence, integrity, accountability, and professional judgement that you expect from everyone else.

There are exceptional people throughout TIS who know how to deliver. They've spent years working around organizational barriers that leadership has failed to remove.

They don't need another announcement about change. They need leadership that finally delivers it.

You have the experience, authority, resources, and relationships to be that leader. But it requires focusing on the problems that only you can resolve.

Stop trying to prove you can lead the technology conversation. Start proving you can lead the technology organization.

We've been ready for change for years.

Now it's time for you to deliver it.

We in TIS deserve better. Enbridge needs better.


Got Dell's free book but, they cancelled the free T-shirt!

I actually don't have a single dell shirt after 7 years and while many here hate the company, I have my complaints but do enjoy my job and am proud to work where I do. A month or so ago, we were given a link to order a "free" dell shirt - which many of us did - and supposedly they decided to fk it and never ended up delivering any of them lol. But hey! I got a free book about MD's venture!

According to the listed price inside, it goes for $28 bucks. Might just go sell it on Amazon for $20 bucks tbh. Pretty sure we all know MD's path on how he created dell at this point.


Are We Really Celebrating the Destruction of Institutional Knowledge?

Here we go again...

Nothing says "strategic success" like shipping jobs overseas while clients complain louder every quarter.

Why does BNY leadership treat every role moved to Pune or Wroclaw like a championship victory?

-- Cheaper labor? Applause.
-- Lower payroll costs? Standing ovation.
-- Another "efficiency" milestone? Bravo! Release the trained harbor seals.

Meanwhile, service deteriorates, experienced employees leave, and decades of institutional knowledge disappear. Yet none of that seems to matter as long as this quarter's spreadsheet looks good and more legacy workers are shown the door.

The real irony is watching outsiders cheer it on. Investors get a short-term bump, executives collect bonuses, and consultants sell another transformation story.

Everyone celebrates the savings while ignoring the slow erosion of client trust, service quality, and workforce experience.

So here’s the question… Is BNY's future really built on the promise of AI, continued offshoring, and the ongoing practice of replacing legacy workers, particularly those over 40?

The answer has to consider the fact that a bank's greatest assets aren't cheap labor and PowerPoint slides. They're expertise, relationships, and reputation, right?!

The real tragedy isn't that RV and company can't see the iceberg. It's that they're still calling the collision a success and celebrating it over and over with the same haughty arrogance.


Loyalty is a joke at USAA

After spending 15+ years at USAA. This is what I've realized. The relationship with USAA is a business transaction, not an emotional commitment. So stop buying into corporate nonsense like "Mission moment" , "going above and beyond", “company loyalty,” “work family,” and “corporate culture.” These are convenient slogans & cool aid at USAA use to squeeze every ounce of effort out of employees while giving little in return. The moment you become inconvenient, too expensive, or no longer fit their plans, all that talk about loyalty, one team and family disappears. Just like that.
You can sacrifice your time, health, and personal life for decades, only to be treated like a disposable resource when management decides to cut costs.

Never confuse your paycheck with loyalty, and never mistake corporate propaganda for genuine appreciation. You are paid for your skills, expertise, and time not because the like USAA cares about you and your family well being. The more emotionally invested you become in an organization that sees you as a headcount or budget line, the more painful the betrayal can be when they decide you're expendable. This is the fact not some wild imagination.

Remember, USAA will protect their financial interests without hesitation, so you should protect yours just as aggressively. Invest your loyalty in yourself, your family, your health, your skills, and your financial security. Build your future instead of blindly building someone else's business. Because when the major layoffs comes next year, your years of dedication won't necessarily save your job, and no corporate slogan will pay your bills.

Be professional, work on updating your skills, collect your paycheck, and never sacrifice your life for a company that would replace you without losing a night's sleep. Your employer is not your family, and your loyalty is not a debt you owe them.


The Titanic- get to the life boats

Watching LP and his cronies dance their way onto the stage, desperately trying to hype up the partners, was beyond cringe.
Sure, the partners were all smiles for the cameras, but you can bet the conversations around those tables told a very different story. Imagine celebrating on stage while those same partners are calling their Xerox contacts, only to discover the people they've worked with for years are being laid off at the exact same time.
The disconnect is staggering. The ultimate definition of tone-deaf leadership.
Go ahead, Xerox/Lexmark, put all your eggs in the partner basket. You'll soon discover that partners aren't nearly as loyal as the employees you've discarded. Partnerships are transactional. Loyalty is earned, and you're burning through decades of it.
You're doing a remarkable job of steering this ship straight toward the iceberg, all while dancing on the deck like everything is fine.
Years from now, this chapter of Xerox's history could very well be taught in business schools as a textbook example of how to destroy employee morale, misread the market, alienate your own people, and execute yet another failed corporate pivot.
The Titanic had an orchestra playing as it sank. Xerox apparently has LP dancing.


Should Stock Buybacks be made Illegal? Should Congress Pass a Bill to Halt this Deceptive Practice?

This may get posted on LinkedIn in soon as well.

Arguments for Restricting or Banning Stock Buybacks
Critics, including several progressive lawmakers and economic research groups like the Roosevelt Institute, contend that share repurchases harm long-term corporate health.

  • it furthers the income disparity between senior managers of public companies and the wages of average workers;
  • senior executives may use buybacks to manipulate triggers for overly generous executive compensation payments; and
  • curtailing stock buybacks would cause public companies to spend more of their resources on better pay for workers or for investments in research and development.

  • Prioritizing Executives Over Workers: Opponents argue that buybacks artificially inflate share prices and earnings per share (EPS) metrics. This dynamic often triggers performance-based bonuses for senior executives while diverting profits away from employee compensation, benefits, and workplace safety.

  • Stifling Innovation: Critics assert that capital allocated toward purchasing existing shares represents residual cash that would be better utilized for capital investments, long-term corporate research and development (R&D), and sustainable economic growth.
  • Market Manipulation Concerns:Historically, large-scale repurchases were heavily restricted as a form of stock manipulation until the Securities and Exchange Commission (SEC) established a regulatory "safe harbor" under Rule 10b-18 in 1982. Critics argue that the current rules contain loopholes allowing corporate insiders to sell their personal shares shortly after announcing a buyback program to maximize personal profit.

Legislative Proposals and Action in Congress
Rather than pursuing an outright ban, recent legislative efforts in Congress have focused on taxation and targeted restrictions:

  • Increased Taxation: In June 2026, Senate Democrats introduced the Stock Buyback Accountability Act of 2026, a bill designed to quadruple the existing stock buyback excise tax from 1% to 4% while narrowing corporate loopholes.
  • Industry-Specific Restrictions:Bipartisan proposals, such as the Prioritizing the Warfighter in Defense Contracting Act of 2026, seek to limit repurchases specifically for companies receiving taxpayer funds, such as federal defense contractors.

Disclaimer: All of the above information is public information that can be found on the internet by anyone with basic browser search capabilities.

Full Disclosure: I am actually a Republican and pro-Capitalist. However, unfortunately, what I am seeing from an economic standpoint and how today’s corporations are abusing capitalism, which when (capitalism) done correctly is a wonderful thing. But I am starting to see “pure unadulterated” Capitalism turn into crony capitalism or a corporatocracy, which then leads to inequality, market failure, damage to the environment, short-termism, excess materialism and bo-m and bust economic cycles. Therefore, please know that some of the below articles have certain congressional persons that I normally totally disagree with on almost every political viewpoint. But when it comes to Stock Buybacks, I am in agreement that those should be abolished with a congressional bill.

THERE'S A REASON WHY STOCK BUYBACKS USED TO BE ILLEGAL
https://casten.house.gov/media/in-the-news/theres-a-reason-why-stock-buybacks-used-to-be-illegal

Should Congress or the SEC ‘Do Something’ About Stock Buybacks?
https://www.americanbar.org/groups/business_law/resources/business-law-today/2021-april/should-congress-or-the-sec-do-something/

Problems of Capitalism
https://www.economicshelp.org/blog/77/economics/problems-of-capitalism/


Altice International now being sued also

https://tradersunion.com/news/financial-news/show/3793313-altice-international-creditor-lawsuit-assets/

The whole empire may be crumbling

The Altice International lawsuit (filed October 13) names Elliott Management, Sona Asset Management, and Arini Capital as the suing creditors, alleging a "multi-year scheme" to move billions in assets beyond their reach. The specific assets were Altice Portugal and Altice Caribbean — which generate about 80% of Altice International's earnings — shifted outside the creditor pool while leaving the ~€8B in debt behind. Lenders already declared a default on €2B+ of that debt back in July. This is textbook fraudulent transfer, and it mirrors exactly what Apollo and Oaktree are alleging on the Optimum side in the US.

Elliott's involvement is significant. They're one of the most aggressive and sophisticated activist creditors in the world, known for fighting these battles all the way through litigation rather than settling cheaply. Their presence signals this won't be resolved quietly.

Drahi has been running the same playbook across his entire empire simultaneously — Optimum in the US, Altice International in Europe. The total borrowing across the entire Drahi empire was over $60 billion. Optimum's ~$21.8B is just one piece of a global debt pile now blowing up across multiple jurisdictions at the same time. The creditor groups on both sides are clearly aware of each other and appear to be coordinating — the Optimum lawsuit came in September, the Altice International suit came October 13, three weeks later.

Altice has countersued its bondholder group, calling them an "illegal cartel" for coordinating restructuring terms together — the same tactic Optimum used against US lenders in November 2025. It hasn't worked in either case.

The one success story in the empire is Altice France — they cut debt from €24B to €15.5B and are now selling SFR for €20B to Bouygues, Iliad, and Orange (pending regulatory approval). Drahi is presumably trying to replicate that playbook everywhere else, but the US and international lenders watched France closely and aren't offering the same terms.

For the situation at Optimum: with Elliott, Apollo, Oaktree, Sona, and Arini all now in active litigation mode simultaneously, a favorable out-of-court settlement for Drahi is increasingly unlikely. A contested Chapter 11 — where lenders and Drahi fight in court rather than around a negotiating table — is the trajectory this is on.


Extension of semi retirement

SAP Germany has started layoffs by making employees that are born in 1968 and 1969 for semi retirement. Their managers are already asking them to take these offers and leave. As there is no pension grandfathering for these agreements, this is a very bad deal for them. But they will be forced to take it anyway. After HR knows how many are actually leaving and they have figured out the costs, they will start to use the lists from each area for more layoffs. My friends in HR say that the total is expected to be about 10% of the German workforce. More will be shared in Q1 once these lists are finalized. Be good to your managers because they will ultimately decide who will be let go of. L1 from each area is asked to give names corresponding to 10% their workforce. So it is going to be a bloodbath in 2027 and 2028. All of this while SAP is making more and more money every year thanks to its employees. CK retires in 2028 so he wants a big payout from these "savings". I am so mad at the CK fans who keep supporting the board despite all this. If we employees do a good job and our company is not struggling, we should have job security. It's not a big ask. Yet SAP leadership has shown that they do not care about employees. What is worse is that SAP leadership makes more money than average than any other company in Europe and for them it is still not enough. How can we stop this greed?


CBS Saturday Morning Sees Anchor Changes Amid Restructuring

Recent corporate restructuring at Paramount has led to significant anchor turnover on CBS Saturday Morning. This has resulted in the departure of long-serving hosts, including Michelle Miller and Dana Jacobson, who were cut in late 2025. These changes are attributed to cost-saving measures rather than individual performance issues. The program has seen three anchor shake-ups since 2019, driven by these financial decisions. New hosts Adriana Diaz and Kelly O'Grady debuted in early 2026.

New York, NY

https://www.tuko.co.ke/entertainment/celebrities/643366-all-cbs-saturday-morning-anchors-fired-replaced-them/


Message to ExxonMobil LinkedIn

To Whoever runs the ExxonMobil LinkedIn account,

Please, please stop thanking people for their contributions in response to their “I’m quitting this $hit show” posts. Sure, they post how great it was and all that they learned. But they only do that because unlike you, they are professionals. And they basically have to if they don’t want to post something that could negatively impact future opportunities.

Your posts reek of desperation. You have a ranking system that encourages attrition so just own it. No need to act like you have feelings and post a thank you to someone who is probably leaving because of the policies you’ve implemented. You do not “higher for careers” and people aren’t your “most valuable asset”. It is 100% a business transaction so just stop with pretending you care at all.

  • On behalf of everyone that reads those cringy posts.

Less $$ for you more $$ for executives

Fu-k them all. Greedy ba----ds. Is it really that much harder to be an executive today and easier to be a non-executive than it was 10, 20, 30, 40 years ago? The compensation gap keeps widening. Ba----ds hide behind benchmarking which is clearly a corrupt system designed to create kings and subjects. A--holes


PepsiCo layoff outlook - Next 12 months

PEPSICO LAYOFF OUTLOOK — NEXT 12 MONTHS (Oct 2026 – Oct 2027) Prepared Oct 16, 2026. Public sources only. Sources numbered in brackets; full links at bottom.
BOTTOM LINE
A meaningful round of PepsiCo workforce reductions is very likely before the Q4 2026 earnings release in early February 2027, with a second wave tied to the North America integration/refranchising decision. The company has said so in plain language, has already booked the charges, and has a two-year pattern of executing exactly this playbook. The open questions are scale and mix (corporate vs. frontline), not whether.
WHAT PEPSICO HAS SAID PUBLICLY (the hard evidence)
Q3 2026 earnings, Oct 8, 2026:
Laguarta said additional structural cost reduction actions are being identified and will be implemented in the coming months to help fund growth investments and mitigate rising input cost inflation. [1]
On the call: "We are cutting costs in many areas of the business, including corporate unallocated, including overhead costs everywhere." [2]
Laguarta said urgency means looking at every cost with aggressive lenses, and that anything not related to growth will not be part of the company. [3]
He also said the team is accelerating tactics on the integration side where cost can be eliminated. [3]
Laguarta described the cuts as structural cost reduction actions that reduce redundancies and curtail discretionary expenditures. [4]
The company is evaluating structural options for North America, including potentially expanding refranchising of bottling operations in certain regions. [3]
CFO Steve Schmitt said the domestic turnaround is moving more slowly than expected [5]; the stock had touched a more-than-six-year low that week. [6]
The restructuring charges are already in the filings:
The 2019 Productivity Plan was expanded and extended through 2030 with expected pre-tax charges of about $6.15 billion. Plan-to-date through Sept 5, 2026, PepsiCo has incurred $4.0 billion. For the remainder of 2026 it expects roughly $500 million of pre-tax charges, with the majority of remaining charges incurred through 2027. Charges include severance and other employee costs, asset impairments and other costs. [7]
Context: Q3 2026 charges were $185 million. A ~$500 million Q4 would be the largest single-quarter charge in the program, and it is scheduled for the next ten weeks. [7]
The plan's pre-tax charges are expected to be roughly 50% severance and other employee-related costs, 10% asset impairments from plant closures, and 40% other implementation costs. [8]
Headcount is already shrinking:
PepsiCo employed approximately 306,000 people worldwide as of Dec 27, 2025, including about 125,000 in the U.S. [9] versus approximately 319,000 worldwide and 134,000 in the U.S. as of Dec 28, 2024. [10] That is roughly -13,000 global / -9,000 U.S. in one year, before any 2026 actions.
The Elliott-driven plan (Dec 2025) set the frame:
The plan included aggressive expense reductions, plant closures, SKU rationalization and reportedly job cuts tied to operational streamlining; three plants had already been closed, several lines shut, and nearly 20% of U.S. SKUs slated for elimination by early 2026, with at least 100 basis points of margin expansion targeted over three years. [11]
On the North America supply chain and go-to-market initiatives, PepsiCo said it is evaluating an integrated model with a nuanced, state-level approach based on ROI, scale and share, with an update to be provided late in 2026. [12]
Jennifer Wells, Chief People Officer for North America, told employees that structural changes would affect some roles in the company, per Bloomberg. [13]
Bloomberg reported PepsiCo instructed staff in Purchase, Chicago and Plano to work remotely that week, and that executives had already used the phrase "rightsizing the workforce" before Elliott's engagement. [14]
THE 2025–2026 TRACK RECORD (what "structural cost reduction" has looked like in practice)
Feb 2025: Liberty, NY (PopCorners) plant closed, 287 laid off. [15]
Jun 2025: Rancho Cucamonga, CA Frito-Lay manufacturing shut after 50+ years, 432–480 positions eliminated. [16]
Nov 2025: Two Frito-Lay facilities in Orlando closed, 500 positions terminated (454 at the plant/onsite warehouse Nov 4; 46 at an offsite warehouse by May 9, 2026). [17]
Dec 2025: Corporate cuts in Purchase/Chicago/Plano reported by WSJ and Bloomberg alongside the Elliott settlement (company did not disclose a number). [13][14]
Jan 2026: Spain — about 400 workers at risk as PepsiCo moves from direct sales to distributors across 11 sites, following 250 cuts the prior year. [18] Job cuts were also announced in Cork, Ireland in December 2025. [19]
Feb 2026: Rancho Cucamonga warehouse closure, 247–248 laid off, WARN filed Feb 10. [20]
Aug 2026: Columbia, SC — PepsiCo Beverages Sales LLC listed 105 permanent layoffs with last day Oct 18, citing a shift in how warehouse logistics are managed; site stays open. [21]
Sep 2026: Cheverly, MD bottling plant — manufacturing and warehouse ended, 143 laid off (98 union), citing changes in consumer demand, technology and operating network; sales and delivery continue. [22]
Pattern: foods closures first (2025), then beverage manufacturing/warehouse consolidation (2026), with sales/delivery protected so far. International DSD-to-distributor conversions run in parallel.
BECKY SCHMITT — HISTORY RELEVANT TO WORKFORCE ACTIONS
(Note: PepsiCo has two senior "Schmitts." Becky Schmitt is EVP & Chief People Officer. Steve Schmitt is EVP & CFO, ex-Walmart U.S. CFO, appointed Nov 2025. They are unrelated roles; press coverage frequently conflates them.)
Becky Schmitt has been EVP and Chief People Officer since June 2023. Before that she was EVP, Chief People Officer of Cognizant, and held HR executive roles at Walmart including SVP, Chief People Officer of Sam's Club (2018–2020). [9] She was CPO of U.S. eCommerce and corporate functions from late 2016 to 2018, and VP HR-Technology in 2016; before Walmart she spent over 20 years at Accenture. [23]
Walmart period (2016–2020):
Walmart ran repeated corporate layoff rounds in 2017: about 1,000 workers before Jan 31 (511 at Bentonville HQ, 174 in California), then roughly 300 more in its information systems division in April. [24] The WSJ reported many eliminations would hit HR, which some executives felt could be outsourced. [25]
Jan 2018: Walmart cut 400–500 HQ jobs across marketing, HR, merchandising, real estate, logistics and finance. [26]
Jan 11, 2018: Walmart announced 63 Sam's Club closures; some employees learned via a company-wide email, and some stores had already liquidated without notifying staff. [27] At ~175 associates per club, that implied more than 11,000 employees affected, about 10% of Sam's workforce. [28] Schmitt became Sam's Club CPO in 2018; public records do not establish whether she was in the role on the day of the closures, so treat her involvement as unverified.
Cognizant period (Feb 2020 – May 2023):
She was hired as Cognizant's CPO effective Feb 1, 2020, shortly after Cognizant announced in November 2019 it would remove 10,000–12,000 mid-to-senior staff from their roles, with 5,000–7,000 losing their jobs. [29]
She oversaw HR during a period when Cognizant's attrition exceeded 30% in 2021–2022; an analyst read her 2023 exit as part of the new CEO's push to improve leadership quality and reduce bloated costs. [30]
PepsiCo period (2023–present):
The Dec 2025 corporate cuts, the 2026 plant/warehouse closures, and the ~13,000 headcount decline in FY2025 all occurred under her People function. [9][10][13][22]
Public positioning is AI-and-skills, not cuts: she has described using AI for dynamic route engineering and factory digital twins and preparing 300,000 employees for a skills-based future [31]; in May 2026 she said PepsiCo gave 5,000 employees a week to do nothing but learn AI [32]; she emphasized standard processes and common data sets so that jobs are translatable across countries and the technology can move. [33] She has also said "You have to redesign jobs." [34]
Read-through: her career has run through three employers that executed large, repeated structural cuts (Walmart corporate/Sam's, Cognizant, PepsiCo). Her public language — standardization, translatable roles, job redesign, automation — is the vocabulary of shared-services consolidation. That is consistent with corporate/back-office reductions rather than frontline sales.
PREDICTIONS — NEXT 12 MONTHS (inference from the above)
A. Corporate/overhead reduction announced between now and Feb 3, 2027 (Q4 earnings). Likelihood: high.
Why: "coming months" language on Oct 8 [1]; ~$500M of charges budgeted for Q4 2026 alone [7]; explicit targeting of "corporate unallocated" and "overheads everywhere" [2]; pattern of Dec 2025 cuts timed to the investor update [14].
Likely scope: hundreds to low thousands of salaried roles across Purchase, Plano, Chicago and regional offices, concentrated in finance, HR, marketing support, IT and duplicated PBNA/PFNA functions. Watch for a work-from-home instruction at HQ as the tell.
Timing tell: December is the recurring window (2022 WSJ-reported cuts and Dec 2025 cuts both preceded year-end/guidance events). [13][14]
B. North America integration decision ("late 2026" update) triggers a field-level wave in H1 2027. Likelihood: high for the update, medium-high for a large associated reduction.
Why: PepsiCo committed to an update on the integrated supply chain/go-to-market model late in 2026 [12]; Laguarta cited accelerating integration tactics to eliminate cost [3]. Integrating foods and beverages warehousing, transport and back office is where the real duplication sits.
Who: warehouse, fleet, transport, planning, and regional admin. The Columbia and Cheverly actions are the template — "shifting how warehouse logistics are managed," sales and delivery preserved. [21][22]
C. More beverage manufacturing/warehouse closures in company-owned territories. Likelihood: high.
Why: 20% SKU cut reduces line requirements [11]; Cheverly cited "operating network" evolution [22]; CSD volume down 2% in Q3 [5]. Expect 2–5 additional WARN-sized actions (100–500 each) over 12 months.
D. Refranchising "in certain regions" moves from evaluation to action in 2027. Likelihood: medium.
Why: now on the table in management's own words [3], after a full refranchising was ruled out in Dec 2025 [12]. If executed, company headcount transfers to bottlers rather than being cut outright, but the corporate and overhead layer supporting those territories goes away. For independent bottlers, this is the one to watch — it changes territory maps and could expand or compress who services adjacent markets.
E. International DSD-to-distributor conversions continue (Spain-style). Likelihood: high, but modest U.S. relevance.
F. What would reduce the scale: a real NA volume recovery in Q4/Q1, commodity relief as hedges reset, or Elliott taking a victory lap and backing off. None are visible yet — analysts cut targets after the print and one analyst flagged a lack of transparency on what went wrong in North America and what changes management intends to make. [35] Jefferies called 2027 the key year for measuring returns. [36]
Rough sizing (inference, not a reported figure): another low-single-digit-percent global headcount decline in FY2026 and FY2027 each, i.e., on the order of 5,000–12,000 per year, heavier in the U.S., delivered through a mix of closures, attrition, and salaried cuts. The 2025 result (-13,000) is the anchor.
DATES TO WATCH
Nov–Dec 2026: late-2026 NA integration update; any HQ work-from-home instruction; state WARN filings (60-day notice).
Feb 3, 2027 (approx.): Q4 2026 earnings and 2027 guidance — formal productivity targets and charge estimates for 2027.
Apr 2027: Q1 2027 earnings — first read on whether cuts are funding volume recovery or just protecting EPS.
Form 10-K (Feb 2027): FY2026 year-end headcount vs. 306,000.
Gap to note: no outlet has published a hard number for the December 2025 corporate cuts, and PepsiCo has not disclosed one. The Q4 10-K's year-end headcount in February is the first reliable public datapoint on scale.
SOURCES [1] PepsiCo Q3 2026 earnings release (8-K Ex. 99.1), Oct 8, 2026 — https://www.sec.gov/Archives/edgar/data/0000077476/000007747626000050/q320268-kxexhibit991.htm [2] Q3 2026 earnings call transcript — https://stockanalysis.com/stocks/pep/transcripts/706870-q3-2026/ [3] Q3 2026 earnings call transcript, The Motley Fool — https://www.fool.com/earnings/call-transcripts/2026/10/08/pepsico-pep-q3-2026-earnings-call-transcript/ [4] "PepsiCo to cut costs after lowering earnings outlook," Just Food via Yahoo Finance, Oct 8, 2026 — https://finance.yahoo.com/news/pepsico-cut-costs-lowering-earnings-141448167.html [5] "PepsiCo cuts full-year profit forecast in Q3 2026 earnings," Yahoo Finance, Oct 8, 2026 — https://finance.yahoo.com/markets/stocks/articles/pepsico-cuts-full-profit-forecast-111635656.html [6] Reuters via MarketScreener, Oct 8, 2026 — https://www.marketscreener.com/news/pepsico-to-cut-costs-as-weak-n-america-business-hurts-annual-core-profit-forecast-ce785dded08df721 [7] PepsiCo Form 10-Q for period ended Sept 5, 2026 — https://www.sec.gov/Archives/edgar/data/0000077476/000007747626000048/pep-20260905.htm [8] PepsiCo Form 10-Q for period ended Sept 6, 2025 — https://www.sec.gov/Archives/edgar/data/77476/000007747625000053/pep-20250906.htm [9] PepsiCo Form 10-K FY2025 — https://www.sec.gov/Archives/edgar/data/77476/000007747626000007/pep-20251227.htm [10] PepsiCo 8-K (recast FY2024 disclosures), July 2025 — https://www.sec.gov/Archives/edgar/data/77476/000007747625000042/pep-20250717_d2.htm [11] "PepsiCo Strikes Deal With Elliott, Unveils 2026 Cost Cuts And Plant Closures," RTTNews/Nasdaq, Dec 2025 — https://www.nasdaq.com/articles/pepsico-strikes-deal-elliott-unveils-2026-cost-cuts-and-plant-closures [12] "PepsiCo sets out agenda after crunch investor talks," Just Food via Yahoo Finance, Dec 2025 — https://finance.yahoo.com/news/pepsico-sets-agenda-crunch-investor-122906349.html [13] "PepsiCo Layoffs Are on the Way…," HR Digest, Dec 2025 — https://www.thehrdigest.com/pepsico-layoffs-are-on-the-way-as-the-company-explores-a-major-overhaul/ [14] "PepsiCo Plans Layoffs as It Looks to Finish Elliott Talks," Bloomberg via Transport Topics, Dec 2025 — https://www.ttnews.com/article/pepsi-supply-chains-elliott [15] "PepsiCo Is Closing Frito-Lay Factories in 2026," AOL — https://www.aol.com/articles/pepsico-closing-frito-lay-factories-104900712.html [16] "PepsiCo closes multiple Frito-Lay plants across US," Food Ingredients First, Nov 2025 — https://www.foodingredientsfirst.com/news/pepsico-closes-frito-lay-plants-us.html [17] "PepsiCo to shutter 2 Frito-Lay facilities in Florida, lay off 500 workers," Food Dive via Yahoo, Nov 7, 2025 — https://finance.yahoo.com/news/pepsico-shutter-2-frito-lay-100000405.html [18] "PepsiCo jobs in Spain at risk," Just Drinks, Jan 29, 2026 — https://www.just-drinks.com/newsletters/pepsico-jobs-in-spain-at-risk [19] "PepsiCo cuts jobs at US bottling plant," Just Food via Yahoo, Sep 2026 — https://finance.yahoo.com/economy/policy/articles/pepsico-cuts-jobs-us-bottling-120204056.html [20] "Frito-Lay to close San Bernardino County warehouse, lay off 247 employees," LA Times via Yahoo, Feb 2026 — https://finance.yahoo.com/news/frito-lay-close-san-bernardino-200244391.html [21] "Over 100 PepsiCo employees in Columbia facing permanent layoffs," WIS-TV, Aug 20, 2026 — https://www.wistv.com/2026/08/20/over-100-pepsico-employees-columbia-facing-permanent-layoffs-documents-show/ [22] "PepsiCo to end manufacturing operations at Maryland bottling plant," Food Dive, Sep 16, 2026 — https://www.fooddive.com/news/pepsico-layoffs-maryland-bottling-plant-manufacturing-operations/830548/ [23] PepsiCo 2023 Annual Report (ARS) — https://www.sec.gov/Archives/edgar/data/77476/000130817924000261/pep4309521-ars.pdf [24] "For 2nd time this year, Wal-Mart cuts workers," NWA Democrat-Gazette, Apr 6, 2017 — https://www.nwaonline.com/news/2017/apr/06/for-2nd-time-this-year-wal-mart-cuts-wo/ [25] "Wal-Mart Plans to Cut Hundreds of Jobs by January End," Reuters via Fox Business, Jan 2017 — https://www.foxbusiness.com/markets/wal-mart-plans-to-cut-hundreds-of-jobs-by-january-end [26] "Report: Walmart cutting 500 jobs," Chain Store Age, Jan 25, 2018 — https://chainstoreage.com/finance-0/report-walmart-cutting-500-jobs [27] Sam's Club, Wikipedia (Jan 2018 closures) — https://en.wikipedia.org/wiki/Sams_Club [28] "Walmart Shutters Dozens Of Sam's Club Stores," Bisnow, Jan 2018 — https://www.bisnow.com/news/national/retail/sams-club-shutters-stores-around-the-country-83593 [29] "Cognizant hires Becky Schmitt as new chief people officer," Consulting.us, Dec 2019 — https://www.consulting.us/news/3503/cognizant-hires-becky-schmitt-as-new-chief-people-officer [30] "Cognizant CPO Becky Schmitt resigns," HRKatha, Apr 2023 — https://www.hrkatha.com/hiring-firing/cognizant-cpo-becky-schmitt-resigns/ [31] Becky Schmitt LinkedIn profile/activity — https://www.linkedin.com/in/rebeccaaschmitt/ [32] "PepsiCo CPO says their 'secret sauce'…," Fortune, May 25, 2026 — https://fortune.com/2026/05/25/pepsico-cpo-becky-schmitt-secret-sauce-hiring-top-talent-all-hustle-agile-curious-ai-era/ [33] "Indeed chief economist says execs are 'overestimating the speed' of AI transformation," Fortune, May 20, 2026 — https://fortune.com/2026/05/20/indeed-chief-economist-execs-overestimating-speed-ai-transformation-labor-market/ [34] "3 leadership lessons from AI-powered companies," Fast Company, Oct 2026 — https://www.fastcompany.com/91621833/3-leadership-lessons-from-ai-powered-companies [35] "PepsiCo's Ongoing North America Weakness Drives Guidance Cut, Says Analyst," Benzinga, Oct 2026 — https://www.benzinga.com/analyst-stock-ratings/analyst-color/26/10/62275231/pepsicos-ongoing-north-america-weakness-drives-guidance-cut-says-analyst [36] "Jefferies cuts Pepsico stock price target on slower progress," Investing.com, Oct 12, 2026 — https://au.investing.com/news/stock-market-news/jefferies-cuts-pepsico-stock-price-target-on-slower-progress-93CH-4684201 Also used: PepsiCo Dec 9, 2025 guidance call transcript — https://www.pepsico.com/docs/pepsico-5v9wci20/media/Files/investors/PepsiCo-Inc-December-9-2025-730-AM-ET-Transcript.pdf; PepsiCo Form 10-Q for period ended June 13, 2026 — https://www.sec.gov/Archives/edgar/data/0000077476/000007747626000035/pep-20260613.htm


I know things are rough with RIFs...but are there any competitors you WOULDN'T work for?

Yes, we have a lot of RIFs and it's really hard to watch our work friends leave all the time... but are there any competitors you think are worse places to work and you would never work there?

For me. "the Z word" or S&N. He-l to the no. The first can't win market share in any space they play in, and the latter is a failing company, imo.


The Credo is a thing of the past.

The fabric of what made Verizon as Verizon is the Credo. It energized the V-Teamers to be the best in what we do and what made the company as it is over the years.

• Integrity: At the center of who the company is; built on honesty, ethical behavior, and trust.

• Respect: Valuing diversity, embracing individuality, and listening carefully to others.

• Performance Excellence: Setting high standards, prizing innovative ideas, and working as a team.

• Accountability: Taking personal and organizational responsibility for actions and never letting customers or coworkers down.

• Customer Focus: Building on a strong network foundation to deliver reliable services and superior experiences.

• Agility and Action: Fighting bureaucracy, acting fast, taking risks, and treating change and crises as opportunities.

V-Teamers use to care for V-Teamers. Today, it's every person for himself or herself. The Core Values don't exist anymore in the company's culture. With leadership changes over the years with Han and now with Dan, the Credo is a thing of the past. It's all about AI, shareholder value, office politics, etc. ... Smoke and Mirrors.

Toxicity and uncertainty are at an all time high. V-Teamers are waiting to be RIFed to get their severance packages and move on. The office environment is survival of the fittest; who can kiss a-s; it's not what you know or what one can do, but who you know; etc. It's sad, disappointing and disheartening.

Good Luck and Best Wishes, V-Teamers ... We deserve better and the grass is greener on the other side of the road.


Gf's announcement is laughable

Who finds it utterly ironic that GF is riding trumps coattails. It wasn't two long ago the CLO was on stage actively mocking trump and filling a room of directors an above with the worst uncomfortable vibe. Regardless of the announcement. The same terrible leadership culture persists. Ripe for union activity which is likely afoot. The stock price does not lie.


I barely recognize this company

The workplace has become more political, with little room for employee ideas and almost no accountability. No wonder good people are looking for the exit as fast as they can. Who in their right mind wants to stay in this environment? I had high hopes when Hans was replaced by Dan. Those hopes are gone now.


Metaphor and Philosophy for Chipping Away at Corrupt Corporations

While yes it is true that no one individual can make any real impact to a behemoth corporation with a single comment on some public social media platform or an official registered complaint to EEOC, SEC, DOJ, Attorney General, Congressional persons, and contact employer attorney to file lawsuit for discrimination.

BUT let me share a metaphor with you that hopefully will bolster and inspire movement and momentum.

Metaphor:
A new homeowner when purchasing their first home, may see a single parch of crab grass begin to grow in what otherwise is a beautiful green lawn. So, they ignore it, because what is one single patch of crab grass, after all. Then a couple days later, the homeowner sees a couple dozen patches of crab grass beginning to grow. Still not a big deal. Then, one morning the homeowner arises with their nice cup of coffee and newspaper and looks out the window. Lo and behold, the yard has been utterly taken over by crab grass and choked any remaining green grass. The new homeowner is put in a position to either invest in so much poison to destroy the crab grass while at the same time risking destroying the green grass as well OR doing a complete lawn renovation by completing removing all existing grass and completely reseeding the lawn anew.

Point Being:
By ourselves it can feel daunting and pointless to seek to take any action against these behemoth corrupt corporations. And that is true; by ourselves it is a fool’s errand. However, our efforts when compounded with the single efforts of others WILL truly make a difference. It will! You just have to believe and I suggest that as you take actionable steps, you pray to one that can bless efforts.

I hope this encourages not just a few people but many people. Your efforts are not in vain. The pride, arrogance, and hubris in the hearts of executives over these corrupt behemoth corporations will be their downfall.


All Hail King Brian

Comcast is more the Roberts family business than any of you all realize. Brian holds one third of the all voting power. This company's direction is based solely on his whims.

Buying Sky was Brian's idea. Top 5 worst corporate acquisition of all time.

Sky became a bad acquisition because Brian let a personal vendetta against Disney jade his judgement. He got into a pi----g contest and drove up what Disney paid for Fox's assets by nearly $20 billion. That back fired because Disney did the same to him when he decided to buy Sky and he ended up paying double what it was worth. This crippled the rest of Comcast where it was unable to grow the company dure to the weight of more than $100 billion in debt.

This all dates back to another one of Brian's ideas the failed attempted a hostile take over of Disney 22 years ago. Disney is still pi---d about this and so is Brian.

Brian also decided to buy Time Warner. Another glorious disaster. Remember all the people layed off when that collapsed?

Buying NBC was also Brian's idea, not a terrible acquisition in the short term but ultimately a poor decision.

Brian realized a decade too late that TV is dead and his family business is failing because of it.


US Task Force to eliminate Fraud: pro American Worker

During a White House press conference on October 8, 2026, Vice President JD Vance announced a sweeping federal crackdown on the H-1B visa and permanent residency processes. Acting as the head of the administration's Task Force to Eliminate Fraud, Vance declared that the H-1B system has become "rife with fraud". He alleged that major corporations are misusing the program to replace qualified domestic workers with lower-paid foreign professionals.

  1. Indefinite Green Card Program (PERM) Freezes

The most immediate action Vance and Labor Secretary unveiled was the indefinite suspension of 8 major tech and IT corporations from the Permanent Labor Certification (PERM) program. This penalty halts both new and pending green card applications for employees at:
• Microsoft (which Vance singled out as the "biggest abuser", claiming they laid off 6,000 U.S. citizens while utilizing 6,300 H-1B visas and 3,000 green cards)
• Adobe
• Wipro, Infosys, Tata Consultancy Services (TCS), Cognizant, HCL Technologies, and Capgemini

I imagine anyone working with these frozen companies will suffer similar repercussions… and rightfully should be held accountable.


I was laid off from Citi after 8 years

(not my post, i am resharing) I was laid off from Citi after eight years, literally the day after returning from vacation. I was completely blindsided.

What struck me the most was that I had a master’s degree and years of experience in my field, while four of my colleagues had only high school diplomas and had been with the company for over 20 years. Many had landed in technology roles through reorganizations and internal connections, despite having little to no prior experience in the field. Not that there’s anything wrong with learning on the job, but it was frustrating to realize that my education, experience, and qualifications ultimately meant very little.

I was also one of the more junior employees on the team and knew I was making less than everyone else. I genuinely thought that made my position relatively secure if layoffs ever came. Clearly, I was wrong.

Unfortunately, that’s corporate America. My advice to anyone working at a large corporation is to save your money, build your financial security, and never assume a company will provide you with a career for life. Loyalty and hard work don’t necessarily guarantee job security.

One thing I will say is that you’re fortunate they gave you several months’ notice. I had absolutely no warning. It took me nearly a year to find another permanent position. About eight months into my unemployment, I landed a consulting role that lasted a couple of months, but it wasn’t until around the one-year mark that I finally secured something permanent.

My biggest criticism of Citi is that it’s an enormous institution that, in my opinion, has become far too reliant on restructuring and cutting employees to improve its bottom line rather than genuinely innovating. You can only cut your way to profitability for so long.

I’m genuinely sorry you’re going through this. I know firsthand how frustrating and discouraging it can be, especially after giving a company so many years of your life. My advice is to keep applying, and don’t overlook smaller banks. In my experience, they can offer more stability and may be less prone to the constant restructuring you see at larger institutions.

Wishing you the best of luck. Just remember, losing that job doesn’t diminish your experience, your abilities, or what you bring to the table. If there’s one thing my experience taught me, it’s that you should always prioritize your own future over a company’s loyalty to you.

22 hours ago by Anonymous | 19 reactions (+19/-0) | Reply
Post ID: @at+1m4ryn8h6


All these policies have only made the employee pool worse

Most of the people I see left are either old timers waiting it out for retirement who remember when WF used to be a decent place to live and hate it here or people who would desperately like to leave but can’t find a job and hate it here.

Based on who I’m seeing hired I don’t think Wf is a exactly destination for top talent and most of the people leaving are the ones with better options so you’re only left with the ones hating their job. Sounds like a great culture right?


Kroger Announces Significant Corporate Workforce Reduction

The grocery giant Kroger intends to eliminate approximately 3,000 corporate positions over the next three years. CEO Greg Foran stated in an internal memo that the company has too many layers and excessive overhead. This move is part of a broader strategy to increase efficiency and competitiveness. Kroger aims to leverage technology to reduce duplication and streamline operations. These changes are expected to allow for greater investment in associates and improved customer benefits.

Cincinnati, Ohio

https://www.grocerydive.com/news/kroger-corporate-layoffs-3000-employees/832811/


Public Announcement: Layoffs are Coming

So Kroger is planning to eliminate 3,000 corporate jobs over the next three years. Apparently around 10,000 people were invited to the announcement call, which would make this a pretty significant reduction.

From what employees are saying, this isn't just IT. HR, merchandising, buyers, retail operations, KTD, 84.51 and Kroger Precision Marketing could all be affected.

The bigger concern seems to be offshoring. People at 84.51 say work has already been moving overseas for the past year. Others are reporting that Deloitte India employees are shadowing existing technology teams and being trained to take over their responsibilities. Someone on here mentioned managers suddenly asking for documentation and technical diagrams. Makes you wonder how much of this has already been planned.

And three years? That's three years of wondering whether you're next. How do you plan a vacation, buy a house or make any major financial decision with that hanging over your head?

Some people think the savings will go back into stores, lower prices and better staffing. Others believe it will just mean more stock buybacks, dividends and executive bonuses.

The real question is whether Kroger is actually eliminating unnecessary positions or simply replacing experienced American employees with cheaper offshore labor.

Anyone on the corporate side hear more specifics about which departments are being targeted first? And has anyone been given an actual timeline?


Operation: Inbox Apocalypse

Oh, brilliant! Let’s give a standing ovation to whoever decided that the entire AM organization desperately needed a play-by-play on India Innovation Day, because nothing screams "peak productivity" like getting your inbox relentlessly flooded with promotional spam. Truly a masterclass in corporate communication.


What happened to People First?

I was laid off by UKG after survivng an earlier round of layoffs... and now apparently there's been ANOTHER round on 10/6.... I honestly don't know what is going on with this company anymore. When the earlier layoffs happened our team wasn't included and I thought maybe we were finally safe... then two months later I walked into a meeting with HR and was told I was being laid off. No actual explanation... nothing.

And now I'm reading about even more people losing their jobs. Some employees are saying around 250 were affected this time, although I've also seen someone mention 120+... so who knows what the actual number is. What makes this soooo frustrating is how little information seems to be getting out about these layoffs... people are finding out from coworkers, texts and internal groups instead of any real communication.

From what others are reporting, the latest cuts hit Sales, Global Alliance, Post Live, Benefits Administration, BI, IT and even the Ready product support teams... Seriously???? Apparently some of the Ready employees are being kept until February to finish their work before their separation. Imagine knowing you're losing your job but still being expected to work through year end... and from what one person reported, some employees didn't even learn what their transition duties would be from management. They found out from coworkers.

And then the VERY NEXT DAY after people were laid off... employees reportedly received an email welcoming a new VP of Customer Success. After laying off customer facing employees???? You really cannot make this stuff up.

There is also a lot of discussion about work being moved to India and the Philippines. Some employees are saying they personally trained people overseas who are now getting promoted while they're watching their own teams disappear... I don't know how widespread that is, but it's certainly raising questions about what the long term plan is for US employees.

What happened to the whole "People First" thing at UKG??? Because after everything I've experienced and everything others are reporting, that slogan just sounds ridiculous now. I don't even believe these layoffs are necessarily about performance... it feels like salary, visibility and who management wants to keep are what really matter.

I'm trying to move on from my own layoff but seeing all these additional cuts makes me wonder when this is actually going to stop... There were layoffs earlier this year, then August / September, and now October. At what point does this stop being called restructuring and just become the normal way UKG operates????

I'm curious whether others at UKG were impacted by the October 6 layoffs, particularly in Ready, Sales, Post Live, Global Alliance and BI. Is the 250 number accurate? Are jobs really being moved to India and the Philippines? And does anyone know whether more layoffs are planned before the end of 2026?


Just Do It… Because Leadership Clearly Couldn’t

Let’s stop pretending this latest round of layoffs at Nike has anything to do with "market headwinds" or "strategic realignment." Call it what it actually is: a massive, multi-million dollar admission of incompetence by a leadership team that couldn’t manage a lemonade stand, let alone a global icon.

For the past few years, the C-suite has sat safely in their glass fortresses in Beaverton, completely detached from reality, high on their own supply of corporate buzzwords. They drove innovation into a ditch, ki-led our wholesale relationships just to chase vanity DTC metrics, and watched product quality tank while sneaker culture passed us by.
And who pays the price for their catastrophic, multi-billion-dollar strategic blunders? Never the executives, of course.

Instead of accountability, we get cold, cowardly corporate memos delivered just in time to ruin people's lives, written by cowards who will still collect their obscene performance bonuses while thousands of hardworking people—the actual soul and engine of this company—are tossed out like old inventory. They outsource our jobs, gut our institutional knowledge, and replace talent with endless layers of yes-men and overpriced consultants who wouldn't know a great product if it hit them in the face.
You can slap "Just Do It" on every wall on campus, but let’s be honest: the only thing this leadership team is world-class at doing is failing upward.

To everyone packing up their desks today: you built a legendary brand in spite of the people running it. Don't let these suits make you feel small for getting discarded by a company that lost its way the moment it forgot who actually made it great.


The structure of this place is the root of the problem

There are so many layers of management that nobody actually knows how to lead or connect with their teams. And that creates this environment where certain people start believing that being close to a manager gives them the right to talk down to others and treat them poorly. The culture here has become genuinely awful.


Amazed former workers talk of the good old days

Dst overhired to meet inefficient peak business loads, they carelessly layed off employees who spent the best years of their lives there. I would add that spending years in the service of godless management is not a feather in my cap, but rather something I regret. Had I not been a timid man I would have let after the 1st year and sought a better employer. But lack of confidence and wanting to be recognized just once left me there to seek approval. I look back with regret for every second I spent there. I regret serving the callous managers and all my effort is now forgotten. I cared, but Dst cared not for me.