#costcutting

The more layoffs there are, the higher the stock price goes.
Even if another half the workforce is cut, it doesn’t seem to affect the capitalists’ ability to make money—although the product keeps getting worse and the service keeps deteriorating.

Stockton University has initiated a voluntary buyout program for employees. Professors and select managerial staff are currently eligible for the offer. This move aims to curb expenses and ensure the university's financial stability. The institution faces challenges including declining enrollment and proposed state aid reductions. Staffing costs account for 61% of Stockton's annual budget.

New Jersey

https://www.nj.com/atlantic/2026/05/nj-university-rolls-out-staff-buyouts-amid-lower-enrollment-proposed-aid-cut.html

7-Eleven is implementing a cost-focused transformation. The company aims to streamline its organization. This process has led to difficult decisions and staff changes. Many employees have posted about their departures on LinkedIn. The goal is a stronger, more competitive business.

Irving, Texas

https://cspdailynews.com/company-news/workforce-changes-emerge-7-eleven

Northrop Grumman recently reduced positions in the Baltimore region. These layoffs stem from shifting program demand within its Mission Systems division. Analysts indicate a specific contract was either pulled or reduced in scope. The company confirmed a "small number" of employees were affected. This action is not considered a broad cost-cutting measure.

Baltimore, Maryland

https://www.msn.com/en-us/news/us/northrop-grumman-layoffs-in-baltimore-seen-as-limited-by-analysts/ar-AA22bC0J?ocid=BingNewsVerp

Coming soon to an office near you: widespread layoffs dressed up as “performance decisions.” Don’t expect generous severance packages or smooth exits. Companies are increasingly looking for ways to avoid those costs altogether. Instead, they’ll build a case against you.
Return-to-office mandates, shifting performance metrics, evolving skill requirements, incomplete trainings ... Anything &everything can become the justification. The bar will keep moving, and the reasons will keep changing. What used to be acceptable yesterday may suddenly be labeled inadequate tomorrow.

This isn’t always about individual performance and it’s often about reducing headcount while minimizing financial and legal obligations. The strategy is simple: create enough documented “cause” to make departures look justified, even when the real motive is cost-cutting.

In this environment, job security isn’t just about doing your work well. It’s about staying alert to how the rules are being rewritten around you.

It's just a matter of time my friends.

The reality is that T has far more FTEs than the other guys. I totally get the need from an operating expense perspective to reduce headcount but the reality is the work still needs to get done. Having said, that contractors will be where the work ends up so there are still jobs out there, probably working for a company with a less toxic environment.

Too much fluff for roles that don’t directly add to revenue generated and the bottom line, and hence must be cut.

Comment if your manager is worth saving, and why?

Checked with claude, they may save $600 M per year ongoing basis if they get rid of 10 percent people.

They are paying double for Mainframe and Cloud. Also schwab is much leaner at just 35k employees.

They may want to hire talented developers who recently laid off from Amazon or Meta.

Salary and benefits are likely the biggest drivers of these cuts, people talk tech and AI but I am not sure if these are primary drivers... Anyway we (and others) may use opaque AI tools to hit cost-cutting targets, which can overlook performance, tenure, and so needed knowledge. High earners (even strong managers) can be cut simply because they just cost more.

Not sure how much we can change here but we can be ready. Polish your resume and stay alert. Leadership answers to shareholders not us, and layoffs are often the fastest way to cut costs when stock performance drops...

I know most of you are already aware, so I am preaching to the choir.

They've been telling you all that there are more coming. More outsourcing. More cost cutting.

The worst thing to happen to Bnsf railway was , " Berkshit Hathaway". Trading peoples livelihoods for profits. No different than when they were burning people out of their homes back in the day to lay tracks !!!

If you look, you can see what’s going on. Management not really enforcing 5 day RTO. Snacks/eggs not being restocked. Soda/coffee/water machines taking days to refill.
The company is feeling the cost squeeze of offering those things now that they have to save for the new .
So they look away on you coming in 2-3 days, and you look away on all these amenities they lured you back with.

AI and shifting supervisory roles to lower cost regions like India can significantly reduce operating expenses in call centers. AI tools handle routine inquiries, automate quality monitoring, and assist agents in real time, which cuts down on staffing needs and boosts efficiency. At the same time, outsourcing supervisor roles to India lowers salary and overhead costs while still maintaining 24/7 coverage and scalability. Together, this combination allows companies to streamline operations, improve response times, and maintain service quality at a fraction of the traditional cost.

All this AI push to make Shell better is just lip service by so-called leaders wanting to save money with reduced headcount. Before long, there won’t be any employees to buy their products. It’s laughable that YL and his merry bunch of “leaders” think employees are stupid enough to believe it’s anything else.

CVS Health is reducing 313 positions within Aetna's small group insurance business. These cuts are part of a broader $2 billion cost-cutting initiative. The initiative has already eliminated approximately 1,500 Aetna positions since late 2023. The affected roles are located in Connecticut. Roles from analyst to executive director in sales, underwriting, and account management are impacted.

Connecticut

https://medcitynews.com/2026/04/ai-driven-layoffs-in-healthcare-navigating-legal-risks-and-operational-challenges/

They got rid of the people who make or save most of the money. Why? Because when it breaks they can say “see how bad it was and we exposed it…good thing we were here to fix it” as a way to continue to self promote and buy more tenure and money. It’s a playbook commonly used.

Then, when the time comes they cannot produce, they will leave and the problem becomes someone else’s issue. That or they have to hire back the people or roles. When you remove the people who were most important to your success you get where Nike is today. Just wait until spend increases and there are no people or vendor spend left to cut.

Hear Elimination of HO/Upstream/Facility Service Regionals , Downsizing FS Manager Qty and streamlining to less directors. Overhead cuts look to be on Horizon......

Yeah, Chevron spends too much on consultants - totally agree. But since this genius reorg there's no one left to do the actual work. Now ELP has to be the guardians of anyone and anything who may use a consultant - oh, except for all the exec consultants who are out of scope. You know, the brilliant folks who designed this mess. $crew you, ELP, and a big eff you to ES.

Rogers Communications Inc. RCI-B-T +1.10%increase
is offering voluntary departure packages to 50 per cent of its employees, excluding Maple Leaf Sports & Entertainment, as telecom industry revenue growth has slowed across the industry and as companies look to shed costs.

They moved half our team overseas last year and the quality dropped immediately. But they saved money so nobody cares.

German manufacturer Gerresheimer Glass Inc. will close its Illinois facility. This action will lead to 172 worker layoffs. The layoffs are set for September 30. Production will shift to plants in Italy and India. The company aims to reduce costs and improve performance.

Chicago Heights, Illinois

https://www.pjstar.com/story/business/manufacturing/2026/04/26/illinois-loses-manufacturing-business-and-employees-to-be-laid-off/89773546007/

Why the WAEM survey is done immediately after the performance harassment cycle , when people are already dealing with the stress of ratings and calibration. Each year, management highlights a few focus areas, but after the results are announced, those topics rarely surface again in team discussions. Given the current cost‑cuttings activities why this one continues? Just don't do it and save money

Amid budget constraints, Verizon stopped issuing new tokens..
sooner and later, most companies will catch up to the fact that how fast cost of AI will stack up compared to Human salary.

PHK stands for Pemutusan Hubungan Kerja, which means termination of employment or layoff in Indonesia. It signifies the official end of a working relationship between an employer and an employee, often due to company cost-cutting, restructuring, or closures, particularly in sectors like manufacturing and tech.

And it's deliberate, because talent costs money. But people are the foundation. Everything else can be replaced or fixed. That can't. Especially if you’re gunning to stay on top.

Stock down 25%

Are we going to have layoffs next week?

Maybe replace SP with AR. Our life insurance policy rebrand is driving the company to failure. Could make former frontier exec take AR’s place and save big $$$ that way instead of cutting heads. Could also cut marketing operations too, their headcount will save a few million $ annually.

Sales have tanked to LY
Credit applications have plummeted

Customers discretionary spending has tightened up tremendously

Payroll Hours slashed in my region

Christian Klein confirmed on CNBC this morning layoffs are coming when he challenged if he would follow META's call of a 10% cut.

He said efficiency is a priority for SAP

Over 6 months into having a BP Staff TSI Engineer take over from a UK based Engineer in my team who was let go.

Myself, and increasingly several others from other disciplines are needing to step in and coach, and correct mistakes from our TSI. Mistakes that rarely happened before and if they did could be sorted over a desk not over time zones.

The bar to entry has been set so incredibly low just to get bodies in chairs.

Yes, they are on 40% of the money, but the output is half, the support required is 4x and it’s demoralising us who are left.

If this is good business I’ll have my hand firmly in the air at the next EOI.

Many U.S. companies, including several in California, announced layoffs this week. These job cuts span various industries like technology, finance, and healthcare. Companies such as Lucid Group, C3.ai, and Wells Fargo are among those affected. The reductions reflect restructuring efforts and cost-cutting measures. Automation and artificial intelligence also contribute to these workforce changes.

https://patch.com/california/across-ca/thousands-layoffs-announced-ca-companies

Snap Inc. cut 247 employees. This represents a 16% reduction in staff. Employees in Santa Monica were affected. Notifications went out on April 15. The company aims to reduce its cost base by over $500 million.

Santa Monica

https://www.bizjournals.com/losangeles/news/2026/04/22/snap-layoffs-santa-monica.html

Wouldn't cutting MW's salary amd other ELT be a great move? Consultants like McKinsey basically run the company so why pay for expensive ELT?

Why are we paying MW over 30 million a year when he can't make decisions and just hires multimillion dollar consultants like McKinsey to run the company? Maybe fire MW and we'll really save money!

Judging by who took on our debt and turned it into equity, I'm hoping the goal here could be to improve results rather than cut costs from the get go. I could be wrong, but we'll see, I guess.

Someone explain to me why we seem to have the money to travel the IT leaders in every region around so they can glad-hand and throw parties for their leadership cronies, when they don’t make us revenue. If anything they cost us more and more every day.

Well, it's almost that time again.... Seems that more folks are on the bench than ever. With the recent departs of the wh-z-bank_no_bang_CAP_cant_hit_numbers crew (they were forced out cause they couldn't hit numbers Y/Y endlessly nor optimize TEAMMATE resource stats) seems that the list making time has come once again.

Best option from the CFO_MOUSE_MODE clown is to: reduce expenses, lay people off and coach Britanucus_Nothingness into how to tell the street that things are really on the up and up when in reality it is all about cutting costs to hit a number.

Well since the market analysts really have lowered expectations, like really lowered the price target the only thing left to do it is to back into a number then divide by the average headcount cost to figure out how many people to cut. All in hopes and aspiration that they will appease investors (of which there are a lot less these days). Hey, let's start with all those expensive CAP_CLOWNS that were a bunch of talk, ruined even more the woke_A$$ culture and took this company to town, like over and over again. Someone has to make room for the washed up Accenture dudes waiting in the wings to be summoned to Chandler for a DREAMY_DREAM_DREAM_JOB with some of the deserts best and brightest.

Also maybe take out Kane and SolyentGreen to save some $$$$ as well, since neither of them amount to much.

What does the class think of all that? TEAM TEAM TEAM team?

ARR that STAT!

So now we have a "Panel Manager" role who gets paid 120k per year to literally take a number from a performance report and put it into an email because directors and field managers arent competent enough to monitor their teams performance on their own. 750k per year spent on a team of secrataries to spoon feed directors data from the same reports they have access to. No wonder we have to layoff other roles.

BNY Mellon’s transformation now resembles a tightly coordinated execution of the McKinsey cost reduction playbook, and employees on TheLayoff.com have been documenting the pattern in real time.

What appear to be uncoordinated, isolated decisions — RTO pressure, minimal merit increases, shrinking teams, selective backfilling, and quiet office closures — align directly with the consulting frameworks used to drive sustained operating expense reduction. This is all by design.

The Platform Operating Model (P-O-M) is the structural engine behind this shift. By standardizing processes, consolidating technology, and centralizing work into platform hubs, P-O-M enables organizational delayering, automation, and location strategy at scale. Employees describe this as work being “platformed,” automated, or reassigned to lower cost regions, particularly Pune.

International labor laws also shape the strategy. In the U.S. and U.K., strict notification rules, severance expectations, and WARN Act thresholds make large layoffs expensive and highly visible. In contrast, offshore hubs operate under more flexible labor regimes, allowing faster scaling, easier restructuring, and lower long term cost commitments. This is why employees increasingly observe that even offshore roles are not permanent; as the cost model scales globally, work continues migrating to the lowest cost compliant jurisdiction available.

RTO, low raises, and real estate consolidation are deliberate levers within this model: RTO increases voluntary attrition, minimal wage growth suppresses labor cost inflation, office closures reduce fixed costs and concentrate work in platform hubs.

The TheLayoff.com threads reflect this architecture in motion — “stealth layoffs,” “jobs shifting offshore,” “constant reorganizations,” and “RTO used as a filter” — all consistent with a long horizon, platform driven cost transformation strategy.

UnityPoint Health announced job cuts due to outsourcing its IT and revenue cycle functions. The health system will eliminate 207 information technology positions. Further job reductions are planned for the revenue cycle department. Accenture will handle IT services, and Omega Healthcare will manage revenue cycle operations. This restructuring aims to reduce costs during a period of sustained financial pressure.

https://www.desmoinesregister.com/story/money/business/2026/04/15/unitypoint-layoffs-des-moines-outsourcing/89604998007/