Below are all the posts — topics as well as replies — that mention the hashtag #costcutting.
Mention #costcutting in your post to continue the discussion!
Let's also close all non-customer-facing office locations. Real estate will always be more expensive than a VPN. If we weren't spending hundreds of millions on vanity office spaces that need maintenance, infrastructure, furniture, lighting, security, etc.
If this company actually cared about efficiency it would go full virtual. Nobody cares about seeing "Wells Fargo" on a block of concrete when there's no ATM there.
Anybody else getting distinct whiff of ammonia that indicates rising panic among the T2’s ?
Customer feedback must be brutal.
The long credit-card binge bill of leaner-faster-cheaper-ship at all cost ….
must be finally coming due.
OC stoping dragging your foot. While you are at it, please make another attempt at spans and layers. No one really is managing much 3-4 direct reports.
Amid Intel cutting back on open-source projects over the past two years as cost cutting measures at the company, their latest open-source project on the chopping block was the peculiar font they developed a few years back. The project was archived this week only to change course two days later.
https://www.phoronix.com/news/Intel-One-Mono-Saved
Love that we're a billion dollar company but can't afford to send electric jacks in each trailer so that my coworkers and I can break our backs hauling your cr-ppy built pallets by hand.
Oracle Reportedly Expands Restructuring Plan by $700M As AI Data Center Costs Mount
https://www.yahoo.com/finance/technology/ai/articles/oracle-reportedly-expands-restructuring-plan-233330514.html
The title says it all.
Gartner predicts that by 2029, one-third of positions eliminated due to AI-related layoffs will be refilled. This suggests that many companies made premature and excessive workforce reductions. The research indicates that these cuts deplete talent and institutional knowledge, leading to higher recruitment and training costs. Organizations prioritizing cost savings from AI risk being outpaced by those reinvesting in innovation and upskilling. Many executives are reportedly using AI as a pretext for budget-driven layoffs.
https://www.computerworld.com/article/4220413/layoff-remorse-gartner-says-at-least-one-in-three-positions-eliminated-by-ai-will-be-restored-by-2029-at-a-higher-cost.html
Curious if anyone here has been through a round of layoffs and can share how it actually played out. When companies say it's "cost cutting" or "moving jobs offshore" — is it usually the entire team/department that goes, or do they pick people out individually?
Also wondering if performance ratings really matter here, or if it's more about tenure, pay level, and role redundancy. Trying to get a realistic picture rather than just guessing.
Ohhhh, I have feedback. 😂 The biggest thing I heard was that Mission Simplify is no longer corporate fluff—it is explicitly Centene’s operating strategy for the next several years. Sarah could not have been clearer: “It is THE strategy.” And despite insisting “this is not a cost-cutting effort,” Drew immediately followed with the financial objective of roughly doubling retained margin from ~1.5¢ to ~3¢ per dollar, while Sarah described consolidating platforms, automating processes, and replacing portions of human interaction with AI. Those things can simultaneously improve operations and reduce costs, but pretending workforce/cost reduction isn't part of the economic consequence is doing a lot of rhetorical work—especially days after thousands of people disappeared from the organization.
The other thing that struck me is that there actually is a coherent strategy underneath the corporate language. Consolidate the ridiculous number of systems, fix data movement, use prevention to avoid expensive acute care, focus Centene on Medicaid/Medicare/Individual, and use automation where repetitive administrative work is consuming money. Rajeev's heart-failure example was probably the clearest explanation of the entire town hall: spend comparatively little controlling hypertension and coordinating care rather than $10–12K when someone lands in the hospital. That is the dual mandate in a way that makes sense. But from where I'm sitting, Mission Simplify is basically describing the exact dysfunction employees have been dealing with every day: systems that don't agree, broken handoffs, manual reports, duplicated work, and employees compensating for architecture failures. Leadership now appears to recognize the same problem we've been living inside.
What bothered me most was the repeated framing around “the extra dollar matters to the Medicaid mom.” I understand the responsibility to be a good steward of taxpayer dollars. I understand that preventing a hospitalization is better for both the member and the system. But I'm also an employee of this healthcare company who cannot afford its healthcare coverage for my own child, so my child is on Medicaid. I am the Medicaid mom they're talking about. It is incredibly difficult to hear leadership invoke people like me as the moral justification for extracting additional savings while some of the company's lowest-paid employees are struggling to afford the benefits the company itself provides. If those savings genuinely improve member outcomes, demonstrate it. Don't use vulnerable members as rhetorical cover for margin expansion.
And then, almost immediately after the Town Hall, Dan Clark sent an organizational-change announcement explicitly tying Medicare restructuring to Mission Simplify. Teams are already being moved, functions consolidated, ownership reassigned, and employees told to remain flexible through the transition. So when Sarah said implementation was beginning, she wasn't talking about something coming six months from now. It's already happening. That makes the insistence that Mission Simplify isn't a cost-cutting exercise even harder to separate from what employees are actually experiencing: layoffs, reorganizations, automation, consolidation, increased workloads for survivors, and now a stated goal of substantially increasing retained margin.
So my takeaway as an employee is complicated. I actually believe parts of the strategy are necessary. Centene desperately needs simpler systems, reliable data, fewer handoffs, better preventive care, and technology that eliminates pointless administrative work. But employees have every reason to be skeptical about who ultimately receives the benefit of those efficiencies. If Mission Simplify means better outcomes for members and better tools and sustainable workloads for employees, great. If it means fewer employees doing more work while the savings are celebrated as improved margins, then calling it anything other than cost cutting won't change what it feels like from this side of the screen.
Jaguar Land Rover will eliminate approximately 4,000 positions over the next two years to reduce costs. This significant restructuring aims to save £1.7 billion and address challenges including weaker sales, tariffs, and competition. The company is targeting voluntary redundancies primarily among salaried and management staff. Despite these cuts, JLR intends to invest heavily in future technologies like electrification and digital advancements. The automotive industry faces rapid technological shifts and intense global competition.
Coventry, United Kingdom
https://coinpaper.com/35505/jaguar-land-rover-layoff
When management is asked about radical operational changes and how it will affect the future of those people and they respond "I don't know", they absolutely DO know and it's time to get out now and let it die. 3+ years of 1% raises is ridiculous. I've given three decades to this business and I'm done. Time to go be part of some mindless industrial machine and make WAY better money. Journalism is dead. Local media is dead. Until a station is run by a single employee, Nexstar will cut and cut until that one person is then running two or three stations. Maybe a 1% raise if they're lucky.
This was really a tone deaf abstract town hall that didn't address how this new mission will affect the employees. This will take years but there's no mention of how much they are going to cut costs. AI will take our jobs at an even greater level.
Rising costs are significantly impacting small businesses across Minnesota, leading to difficult decisions. Companies are reducing inventory, cutting executive salaries, and implementing layoffs to manage increased expenses. Higher prices for essential goods, fuel, and insurance are squeezing profit margins. Some businesses are also facing challenges due to federal immigration enforcement actions and global trade disruptions. These economic pressures are forcing many to seek new clients and re-evaluate operational strategies to survive.
New Hope, Minnesota
https://www.startribune.com/small-business-inflation-layoffs-salaries/601874966
MultiCare Health System is implementing layoffs affecting 138 positions, with a significant portion impacting four Spokane-area clinics. These cuts, effective November 6, are attributed to mounting financial pressures and cost inflation. The health system has experienced substantial losses totaling approximately $652 million between 2022 and 2025. CEO Bill Robertson cited increased pharmaceutical and labor costs, along with legislative changes, as key drivers for these financial challenges. This move is part of a broader strategy to enhance efficiency and ensure the organization's future relevance.
Tacoma, Washington
https://www.thenewstribune.com/news/business/article317166708.html
Payments company PayPal is implementing significant job cuts, impacting over 250 employees at its San Jose headquarters. These permanent layoffs are scheduled to take effect on October 30th. The affected positions are primarily within senior software engineering and engineering management roles. This reduction represents approximately 1% of PayPal's total global workforce. The company is reportedly undergoing a broader cost-reduction initiative.
San Jose, California
https://www.kron4.com/news/technology-ai/paypal-layoffs-payment-app-cuts-over-250-bay-area-jobs/
Bet365 has confirmed the elimination of 340 positions across its global operations. This reduction represents approximately 3% of the company's total workforce. Increased regulatory and tax-related expenses are cited as primary drivers for these layoffs. The company is exploring options to mitigate the impact on affected employees. Bet365 is committed to supporting its staff through this transition.
https://next.io/news/people/bet365-confirms-340-layoffs/
They are back at it - 500 people are being cut. More outsourcing, the good old cookie cutter pattern - send jobs offshore and penny pinch. Execs are getting paid, patients and workers pay the price. It's so bad, and this has to stop at some time. It makes no sense the entire country is destroyed like this. Yeah, economy is good and more $$$ for the folks at the top meanwhile jobs are gone, good jobs are gone. Trinity is not the only one, the whole state has been hollowed out like this and it continues. Nobody says anything about it. It's good for China and India and the Philippines as jobs seem to be fleeing there and I am unsure how this is good for us.
FuturLab, the developer behind PowerWash Simulator, has confirmed layoffs and the cancellation of an unannounced game. The studio's CEO stated that the project was no longer financially viable. Up to seven employees were affected by these decisions. FuturLab is now focusing on supporting PowerWash Simulator 2 and developing new game concepts. The company declined to provide further details due to legal confidentiality.
United Kingdom
https://insider-gaming.com/futurlab-layoffs-cancels-development-project/
Pharmaceutical giant Merck & Co. is implementing further job reductions, with 54 employees at its Rahway facility being laid off. These cuts are a component of a broader strategy to reduce expenses by $3 billion by 2027. The company previously announced similar workforce reductions earlier in the year. Savings generated from these measures are intended to fund the development of new products. The latest layoffs will occur in two stages in late 2026 and early 2027.
Rahway, New Jersey
https://www.nj.com/business/2026/09/nj-pharmaceutical-giant-cuts-54-more-jobs-as-3b-cost-cutting-plan-deepens.html
I saw a notification in my LinkedIn stating a person from BCG (Boston Consulting Group) visited my profile. Is this a signal, good or bad?
BCG is linked to structural changes and cost-cutting push at Kroger.
Tela Bio is reducing its workforce by 41 employees as part of a new CEO's $17 million cost-saving initiative. This restructuring will decrease the company's full-time staff from 201 to 160 individuals. The company anticipates these changes will lower annual operating expenses by approximately 18 percent. These moves come as the medical technology firm reported increased revenue but a wider net loss. The new CEO, Heather Getz, aims to create a more efficient organization for long-term growth.
Malvern, Pennsylvania
https://vista.today/2026/09/tela-bio-malvern-layoffs/
Campbell's Company has reduced its salaried workforce by approximately 13% through a combination of voluntary early retirement and layoffs. These actions are part of a broader strategy to improve financial performance and reduce costs. The company is facing challenges due to inflation and declining sales, particularly in its snack division. Management aims to achieve $500 million in cost reductions by 2030. This workforce reduction is intended to enhance speed, accountability, and profitability.
Camden, New Jersey
https://whyy.org/articles/campbells-workforce-reduction/
PayPal is implementing another wave of layoffs, impacting 251 employees at its San Jose headquarters. This latest reduction targets senior staff, managers, and engineers as part of a broader cost-saving initiative. The affected workers are scheduled to be terminated on October 30, 2026. These cuts are a component of PayPal's plan to reduce its global workforce by approximately 20%. The company aims to enhance efficiency and reallocate resources to areas like artificial intelligence.
San Jose, California
https://americanbazaaronline.com/2026/09/05/paypal-layoffs-expand-employees-in-san-jose-set-to-lose-jobs-487640/
Campbell Soup Company is implementing significant layoffs affecting salaried employees as part of a broad cost-cutting initiative. This reduction impacts workers at its Charlotte facilities, where Lance cr--kers are produced. The company aims to save $500 million over four years through these measures. These job cuts follow disappointing financial results, particularly within the snacks division. Campbell's is also closing two snack plants in other states.
Charlotte, North Carolina
https://www.charlotteobserver.com/news/business/article317131586.html
Study being done to benchmark travel costs with recommendation to eliminate business class for non executives.
New ceo said he wants to save 500M in labor cost, 6,000 jobs expected to move to new india office in next 12 months.
I wonder how much more the company has had to pay compared with the price last year at this time just to keep adding fuel to the cell site and MTSO/CO generators from the numerous power outages. With them 'cutting' expenses, how many markets have they changed the weekly generator tests to monthly to 'save' on fuel from the weekly tests?
Didn't they years ago proudly 'boast' on the internal sites how much more energy efficient the buildings were becoming?
https://www.reuters.com/business/campbells-forecasts-annual-sales-below-estimates-weak-consumer-spending-2026-09-03/
Check out this message from Nokia employee in China Qingdao on "All Company" Engage posted on Tuesday (September 1 2026).
"This morning the paper towels were still there. By late morning they were already gone - and not just the paper. The dispensers / paper boxes were taken down as well. Around the same time, people also noticed that the indoor green plants had been removed."
"... Only after that were we told the official story: due to Global cost control, from September 1 paper towels would be cancelled in restrooms and lounge areas, ..."
Where is the budget coming from for my agent? Now that the official rollout has started, teams are going to be billed. Do people know this? Gonna cost my org an extra 300k/yr at least
It is looking more likely a Chapter 7 or Sale of Boost Mobile is a real possibility. This is because the Dish DBS bankruptcy filings themselves describe a bifurcated (split) case structure. In the docket filing, Debtors’ Statement Regarding Case Schedule and Bifurcation, DBS will be placed in a confirmable reorganization track, while Wireless business is most likely going to be separated into its own estate and looks to be getting pushed toward a Section 363 sale (liquidation). Once the estates are split, the Court evaluates each independently. This is because DBS is viable, but Wireless has no sustainable business model, no positive cash flow, and no confirmable plan without a successful sale. Under §1112(b), if a standalone estate cannot reorganize, continues losing money, and has no viable path forward, the Court is required to convert that estate to Chapter 7.
The recent layoffs weren’t really "strategic", they were necessary because the Wireless business was financially unsustainable. Boost and the broader wireless unit were running at a loss, carrying heavy network liabilities, and had no viable path to profitability without major cost reduction. When a business unit can’t support its operating expenses, headcount becomes the only lever left. The company used strategic language to frame the cuts, but the underlying driver was simple financial necessity, not long‑term strategy.
Expect continued cost‑cutting, asset sales, and operational consolidation. Wireless side will shrink further, DBS will stabilize, and the bankruptcy structure will push the company toward either a Wireless sale or a Chapter 7 conversion if that sale fails.
MobileX is really just the off-book insurance, so Charlie never loses his wireless footprint, even if Boost is sold, carved out, or liquidated.
US health systems are increasingly opting for vendor partnerships to manage IT operations instead of direct layoffs. This trend allows organizations to reduce costs while avoiding the negative publicity associated with job cuts. Care New England's transfer of IT employees to Kyndryl serves as a prominent example of this emerging strategy. This model offers a middle ground for health systems facing financial pressures. The shift reflects a broader move towards business process outsourcing across administrative functions.
Rhode Island
https://news.outsourceaccelerator.com/health-systems-ease-it-layoffs/
https://www.phonearena.com/news/verizon-comeback-growth-schulman_id182998
Verizon has been plummeting for years, but the tables are turning. Nearly a year after bringing in CEO Dan Schulman, its shares are up 21%. Meanwhile, AT&T has managed just a 1% gain, and T-Mobile has dropped 19%.
The hard-charging turnaround is mostly built on cost-cutting. Verizon has been axing jobs and cutting operating expenses. Naturally, this is going to bolster profit. While Barden called this strategy unsustainable, he commended the company for pressing the brakes on enormous price increases. Ultimately, the company will need to find a balanced approach.
Schulman is delivering
Regardless of the route he has taken, Schulman has put an end to net customer losses. To reward a job well done, Verizon has extended his contract from December 31, 2027, to December 31, 2028. He could also receive at least $25 million in incentives in 2028.
The real test
Sweeping cost cuts were the easy part. As Schulman exhausts that leeway, he will have to devise real growth strategies. He is already on it with a host of recent announcements, including the new Simplicity Plan and loyalty programs. The company is also cooking up more ways to upend the industry.
WPP PLC is implementing a significant layoff of up to 1,000 employees. This move is part of a broader restructuring initiative aimed at improving operational efficiency. The company plans to divest non-core business segments and reduce property assets. These actions are intended to streamline operations and cut costs. The advertising giant is adapting to a changing industry landscape.
London, United Kingdom
https://www.gurufocus.com/news/9061082/wpp-plans-further-layoffs-amid-restructuring-efforts
With the stock price plummeting back to all time lows, will there be additional layoffs to cut expenses?
Why do they act like layoffs are a random process? Do you genuinely believe it's random, or is there a systematic assessment of cost vs. benefits?
Meanwhile in the Compliance department we are reviewing contracts under "mission simplify" to see what is needed at health plan level, corporate, or can be outsourced.
It’s a bad sign that they’re having a whole coffee chat about the cost of care. Who has the pool going for the cost increase for employee benefits for 2027?
Are the voluntary packages usually sweeter than the involuntary packages?
https://www.msn.com/en-us/money/general/disney-sends-early-retirement-offer-to-veteran-executives-in-cost-reduction-effort/ar-AA2aPuau