#costcutting

Reynolds School District weighs cuts to avoid midyear layoffs

Facing a 5.5 million dollar budget gap, unions in the Reynolds School District proposed cutting two days from the calendar to save about 1.1 million dollars, aiming to avert disruptive midyear layoffs.

District leaders say the savings would not close the hole and have proposed unpaid days that union members rejected. The budget talks continue amid broader fiscal strain.

https://www.oregonlive.com/education/2025/09/as-oregon-school-district-faces-midyear-layoffs-unions-float-cutting-2-days-from-the-school-calendar.html

• Organizations and locations: Reynolds School District - Multnomah County OR, unions representing teachers and support staff

Anyone have any more intel on the proposed contracting out of Shell US legal work management to Norton Rose Fulbright and Baker Botts? Would mean a significant reduction in attorney staff with legal cases and litigation then overseen for key issues by only a handful of Shell senior attorneys. Another cost savings move in the offing.

ANZA has deleted many working staff via redundancy due to the excuse that there is no work forecast.

Will any of the leadership team or line managers be removed ?
If there is no work, why are account managers and sales executives needed ?

Should ANZA stop sending executives to junkets such as Mobile World Congress and Telecommunications Industry Excellence Awards ?

With new 100k fee, Dell will not apply most H1B visa and offer applicants same job but oversea office. Or if necessary, Dell can hire minimum residence in US. Either way , it is a huge cost savings.

Honestly we will never get to the 2 billion number by laying off a bunch of low level employees barely making 6 figures. I see a few big names leaving but hardly enough. We all know we are top heavy. Discouraging not many more have been announced.

• Virginia Mason Franciscan Health announced layoffs in virtual care services in 2025

• Layoffs linked to financial pressures and restructuring for efficiency and stability

• First Round of Layoffs (June 2025):

  • Impacted more than 100 employees
  • Specifically affected 116 workers
  • All in the virtual care services division

• Second Round of Layoffs (September 2025):

  • WARN notice filed for 24 additional positions
  • Positions also in the virtual care department
  • Layoffs scheduled to begin in November 2025

• Reasons for Layoffs:

  • Significant financial challenges
  • Increased labor costs
  • Rising supply costs
  • State budget cuts impacting funding
  • New state laws creating additional burdens
  • Higher taxes adding to expenses
  • Ongoing underpayment from government programs
  • Realignment of resources within the organization
  • Focus on improving operational efficiency
  • Effort to ensure long-term organizational stability

I guess all that money spent in Texas and the Carolinas has caught up!

These cuts may save Google mere thousands; they also come as Google faces increasingly strained relationships with news publishers. August data from the trade association Digital Content Next showed median referral traffic from Google Search to publishers fell 10% between May and June of this year, with non-news brands experiencing 14% drops.

https://finance.yahoo.com/news/google-isn-t-kidding-around-052549029.html

Another brilliant move from Helen, our CFO. Never a thought for the employees or the long term growth of the company but just endless rounds of redundancies, reorganisations, cost cutting, and not this: scrapping company mobile phones and instead offering staff a measly £6-8 per paycheck. What a farce - is this how you value your employees?

Back in May, she pocketed 2-3M in retention options for absolutely no reason. Meanwhile rest of us are left to deal with the fallout of her decisions. Frankly, it’s poetic justice that’s she is now underwater with those options give the damage she caused.

This decline began the moment she joined the company. She wrecked the sales organization with her favorites in bloody sales leaders, and now dragging down the entire company. 40yrs of culture undone in no time at all with her. Her tenure as CFO will be remembered as a failure, plain and simple.

And as for the CIO - what a disappointment to blindly follow her lead and send out that message about axing mobile coverage. Shame on you.

Hoping Sanoke can turn things around before it’s too late.

In the spirit of cost cutting, why are we still funding extravagant sports and concert boxes for our leaders? A whole crew of junior female managers and their daughters at Toyota Center for today’s concert. I guess us plebes pay while others get the spoils from our fallen colleagues.

Wegovy maker Novo Nordisk has cut a U.S. sales team focused on obesity and diabetes education for healthcare providers, according to two sources close to the company and LinkedIn posts reviewed by Reuters, an early sign of the dr-gmaker's push to cut costs and regain ground on rival Eli Lilly.

https://www.reuters.com/business/world-at-work/novo-nordisk-cuts-us-obesity-education-team-layoffs-begin-say-sources-online-2025-09-18/

I was laid off a couple weeks ago. I can still login because of my 60 days. It is a kick in the nuts to see they have already onboarded several consultants to cover our work and then see postings go out for more junior roles on my old team.

It su-ks to be at my age because it is clear they are going after us. They don’t want to pay us what we are worth anymore. Let’s hire inexperienced talent now so we don’t have to pay them.

ask hr chat bot, what a masterpiece. truly the pinnacle of modern hr. no phone number, no email, just a shiny little bot that loops canned answers like a broken record. wow, groundbreaking.

and the it department? absolute geniuses. no phone support anymore. perfect plan. something breaks? can’t log in? need tools? don’t worry, you can just… magically fix it yourself. thanks, team.

ibm really nailed it. employees aren’t people, they’re just a line item on a cost sheet. who needs assets when you can have a quarterly earnings slide, right? visionary leadership at its finest.

but hey, i’m sure this is exactly how you build a thriving company with a bright future. total masterclass.

execs came up with a brilliant move... let's cut the people with decades of experience, the ones who stopped the place from collapsing every time a vp brought in their latest tedtalk strategy. cause (obviously) performance has nothing to do with institutional knowledge...... it’s all about how fast you can say synergy on a teams call.

genius - really. this isn’t lazy cost cutting at all.

it’s bold visionary leadership that looks at a spreadsheet and thinks.

wow what if we swap a skilled person over 50 with two new hires who need six months of hand holding and a manager on top. now thats pure efficiency. even better, let's call it innovation, or transformation. just don’t dare call it what it actually is.

dumping the people who actually know what they’re doing so the earnings call feels a little less cringe...

Flying and doing nothing again? another wasteful business trip just for them to enjoy pampering on business classes and fine dining at the sites.

https://www.tradingview.com/news/11thestate:02ba45883094b:0-qcom-qualcomm-confirms-layoffs-to-cut-costs-75m-antitrust-settlement-still-lingers/#:~:text=The%20%2475M%20cash%20settlement,Elite%20Gen%205%20launch%20cycle.

Pucker up, buttercup, it's coming!

https://www.tradingview.com/news/11thestate:02ba45883094b:0-qcom-qualcomm-confirms-layoffs-to-cut-costs-75m-antitrust-settlement-still-lingers/

We have an expat who works as a team leader/supervisor and was identified as an out of scope employee during this second half selection. This individual is a great performer (and so does everybody else who is left behind since 6 re-orgs ago). Why would they select and retain a more expensive expat when the position can be performed by someone locally? I understand if it is like a CTC specialist role but this is a typical supervisory role. Talk about selective cost cutting. Oh well, politics is always present everywhere you go. Sigh.

I honestly can’t remember. It’s always been about cost, nothing else. We’ve been shedding talent like crazy for years, and no amount of reorganization will ever redeem that.

Wheels Up, the private aviation company headquartered in New York City, is undergoing another round of layoffs. The cuts follow a recent announcement by the company that it is seeking to achieve $50 million in annualized savings. While a specific number of affected employees has not been released, sources indicate that pilots are a significant part of the layoffs.

This is the latest in a series of cost-cutting measures by the company, which has been working to regain profitability after a period of increased losses and acquisitions.

https://privatejetcardcomparisons.com/2025/09/09/wheels-up-follows-cost-savings-announcement-with-layoffs/

The so-called “low cost country” strategy has gutted entire departments and cost us some of our best people. Moving work overseas might save money on paper, but the loss of knowledge, morale, and quality is enormous. The people making these decisions never deal with the fallout.

With rising competition from companies like Roche and others, is continuing to downsize R&D investment truly the right strategy? We need an entrepreneurial CEO—one who is bold and visionary—to clearly articulate our genuine growth plan to investors. Instead of focusing solely on margin calculations through cuts, we should invest more now to develop groundbreaking products and outpace our rivals. I believe Wall Street would prefer a company with strong growth potential over one with lackluster expansion but improved margins from relentless cost reductions. The current share price speaks volumes: investors are not buying into Illumina’s new strategy.

I was outsourced from FT a few years back. That was the worst thing that happened in my career. Going from a nice in-house job to this cost cutting garbage company. I wish that never happened.

Meeting between Dallas and Atlanta regarding aggressive cost cutting showed Minnesota on top of list.

1) Capital misallocation
non-primary business ventures, cost cutting, stock buybacks

2) Failed management
misguided programs, general incompetence, arrogance, strategic blunders, bureaucratic processes, focus on politics

I would say cost cutting in the wrong areas is the major one. The other failures are somewhat recoverable

The Houston-based oil company announced it is cutting nearly a quarter of its global workforce by the end of this year. That means between 2,600 and 3,200 employees will be impacted. Company leaders say the decision comes as they look for ways to cut costs and boost efficiency after a drop in oil prices.

https://www.khou.com/article/tech/conocophillips-layoffs-ai-houston-energy/285-9d4e12ba-fd20-4949-aaa0-d513980c4db3

Dismal Jobs Report and Schwab Stock price down by ~5-6%. Are we seeing Rick’s cost cutting approach backfiring or strategic? Will possible Fed. rate cut even matter?

Just cut the rest of MRO, Shell's and Concho staff and bob's your uncle. I mean, that was the plan all along right ?

Millions spent on consultants making upwards $500K each to tell the ELT the answer to our problems is to cut GA costs. Nothing innovative there. By the way BCG told Chevron management the same thing. Big whoop.

WHY PAST TRENDS POINT TO ACCENTURE LAYOFFS IN 2025

SEPTEMBER 05, 2025

Speculation around Accenture layoffs in 2025 is rising, as CEO statements, financial reports, and past workforce reductions point toward potential job cuts. Industry analysts warn layoffs at Accenture could mirror the consulting giant’s 2023 cuts, with AI adoption and efficiency drives driving massive workforce changes.

As the tech industry grapples with persistent economic headwinds, speculation is mounting over possible layoffs at Accenture. Rumors of Accenture layoffs are slowly gaining traction, particularly in light of recent statements made by its CEO Julie Sweet. Experts have raised questions about whether the consulting giant could once again trim its ranks.

A SORDID HISTORY OF LAYOFFS AT ACCENTURE

Accenture, which employs more than 770,000 people worldwide, has never been immune to the global volatility. In March 2023, Accenture layoffs led to 19,000 job cuts. It amounts to roughly 2.5% of its global workforce. The move was meant to drive cost-saving as well as reduce office space.

At the time, Julie Sweet described Accenture layoffs as an “offensive” strategy to strengthen the company’s resilience despite strong bookings and healthy utilization rates. The job cuts at Accenture were also linked to wage inflation, economic uncertainty and a massive shift towards larger-scale transformation projects.

CEO JULIE SWEET SIGNALS ‘REWIRING’

Earlier this month, Sweet unveiled what she called a reversal of “five decades of how we’re working,” shifting siloed business units into a more integrated models designed for AI-driven client services. In a video message to staff, she agreed the restructure has “inevitably uncovered efficiencies and duplications”. This phrasing suggests that layoffs at Accenture are underway.

Although Sweet has avoided explicitly framing the shake-up as a cost-cutting measure, her comments echo those made ahead of the 2023 layoffs at Accenture. In the past, she cited “structural issues” as a justification for job cuts. Industry experts note that her repeated emphasis on “rewiring” Accenture to seize AI opportunities carries clear implications for the company’s workforce.

A STEADY HEADCOUNT DECLINE
Accenture reported $64.9 billion in revenue for fiscal 2024. What lies behind this figure is signs of strain. Workforce intelligence trackers suggest headcount at has fallen by nearly 14,000 over the past year, with consulting reducing in 10 of the last 11 months. Analysts describe this as a form of “stealth layoffs” that avoid large-scale announcements.

The appointment of a new CHRO at Accenture has further fueled speculation. In large companies, HR leadership changes often precede restructures and layoffs. Furthermore, industry chatter places Accenture alongside peers such as AWS and Microsoft, where AI adoption is linked to layoffs.

For now, Accenture has not confirmed any layoffs in 2025. But as the company prepares to report Q4 results later this year, employees and investors will be watching closely for signs of layoffs. If past patterns hold, a formal announcement of layoffs at Accenture could follow soon.

What’s your take on Julie Sweet’s bold moves at Accenture? Will layoffs and a culture shake-up spark a turnaround, or is it a gamble too far? Drop your thoughts in the comments below and subscribe to HR Digest for the latest on leadership shifts, workforce trends, and how they’re reshaping the C-suite. Don’t miss our next deep dive, sign up now!

https://www.thehrdigest.com/why-past-trends-point-to-accenture-layoffs-in-2025/

Chief Transformation Officer.....

So much experience for someone that is probably not even 40 years old. smh

Early Retirement Program, RIF, and all the talk of cost cutting so that another C Suite title can be created. A position that, most would question, should be the skills of the current $15M per year CEO. smh

Do you know that in EMEA they cancelled all company cars, no more. All savings, everywhere. If anything happen with OpenAI deal for 30B$....

We want to catch up on our former newsletter where we reported on an Executive Board decision regarding a recurring workforce transformation.

On August 5th and September 1st, 2025, the SE Works Council (Europe) was informed about urgent measures which impact all board areas under the codename “Project Mongoose” in an extraordinary consultation. This project is the implementation of the announcement by Dominik Asam and Christian Klein during the past Q2 Earnings Call, which can be summarized by the headlines of 1-2% reduction of SAP’s global workforce.

The SE Works Council (Europe) expresses its deep concern over the decision to proceed with another wave of redundancies in 2025, marking the second such initiative this year following P24 (“Project 24”) Wave 3. Despite reassurances to the contrary by the Executive Board earlier this year, this development underscores a continued pattern of workforce changes without adequate time to assess the prior transformations. This raises the question: What problems may lie beneath SAP’s Half Year financial figures that have forced the Executive Board to resort to such urgent measures?

While the rationale for Project Mongoose has been framed and presented in terms of adapting to technological change – particularly referencing the effects of AI and location strategy – the actual measures appear to us better aligned with short-term financial targets rather than strategic transformation, wrapped in “lean adjustment” terminology. This paradox between reasoning and actions risks undermining employee trust.

The lack of clarity around projected cost savings, customer impact, AI-related redesign, and location strategy further exacerbates our concerns. We fear these decisions may lead to long-term harm – both talent loss and diminished customer trust. The current lack of transparent and straightforward communication creates uncertainty, which reduces organizational efficiency and erodes confidence in the Executive Board.

The SE Works Council (Europe) urged management to present the reasons for the job cuts in more detail and depth, commit to meaningful reskilling initiatives, and avoid reducing strategic workforce decisions to routine cost-cutting exercises, as to us the current Executive Board decision does not seem to be connected to a discernible logic. Following Project Mongoose and P24, we are worried that SAP and the Executive Board might adopt this practice as another adjustment tool that may be used freely whenever financial targets suggest it.

We remain committed to monitoring the execution process, both from the SE Works Council (Europe) perspective and through the local Employee Representations of the impacted countries. During the consultation process, we have been assured that all impacted employees are treated with respect and dignity and within the legal guarantees of the respective countries. Also, at the end of this consultation, we will keep advocating for a long-term vision that values the expertise and dedication of our workforce. We will come back with more information on this topic in due time.

As always, we welcome your comments and suggestions and look forward to your feedback.

Does the voluntary severance program genuinely aim to reduce the number of involuntary layoffs, or is leadership planning to cut 2,000 positions regardless of how many people opt in?

Review google for leadership salaries. They also need to take a pay cut. You could gather 1 million dollars easily. Perhaps a flatter organization

All we care about these days is whoever comes in with the lowest bid! We don’t even condition anymore or account for needing more PMT for a contractor that is a total sh-t show needing more PMT. Total sh-t show contractor and cut the PMT!!!!

From what I’ve seen, none of it makes sense unless you look at the cost savings. Which means nothing will actually get fixed, but a whole lot of people who truly know what they’re doing will be gone.

This company is constantly buying and cutting us labor how are there not more reports??

These layoffs are consistent with Oracle's business model. That is to say:

1. Acquire technology/companies
2. Titrate down all investment in that product's innovation, engineering/dev, support
3. Milk the support stream (possible since the customers are now "over the Oracle barrel")
4. Discard the dessicated corpse.
5. Rinse, repeat

Given this model there is no such thing as too many reductions.

Questions?

True? Another cost cutting move forcing employees into long commutes.