#costsavings

Gartner quadrant shows IBM below google/ms/aws in the leader block how ??

From an engineering and modern security posture standpoint, a cloud native architecture enforcing strict perimeter control via AWS Transit Gateway with firewalls, explicit egress proxy routes (no direct $0.0.0.0/0$ internet access), IAM-driven least privilege, GitLab CI/CD pipelines, and isolated Amazon Bedrock sandboxes for AI workloads with native metrics and guardrails satisfies the highest federal and enterprise compliance standards entirely within a cloud-native model.

The Abstraction Fallacy: Claiming that running Red Hat OpenShift on top of AWS or Azure makes an application "cloud agnostic" and hybrid cloud is largely a marketing illusion. Once the workloads rely on native cloud primitives like Amazon S3 buckets, DynamoDB, or IAM roles, true infrastructure portability is already bound to that ecosystem.

The Cost-to-Value Ratio: For teams already operating natively in AWS/GCP/Azure, adding OpenShift as an abstraction layer introduces redundant licensing costs, duplicate operational overhead, and an extra management tier when managed Kubernetes services like Amazon EKS deliver identical container orchestration with native IAM and VPC integration with a lower TCO

I'm surprised the company even publishes the numbers, but they pay $1,160.12 per pay cycle for the Classic plan, and $1,024.71 for the HSA plan.

You choosing the HSA plan saves the company $3,520.66 annually, and they give you $1,000 for choosing that plan.

Isn't it time that lifts a little to account for inflation? Its been stuck at $1,000 for 10+ years. Split in half the savings would at least bump it to ~$1750.

Come on MPC, share the savings and stop pocketing the $2,520 difference.

I learned recently there is another employment tier besides Agency and Ford that is paid by the user story. This is also seperate from short-term contracts in other countries providing "resources" for a year or two. Headcount is funneled to these short-term, cost-saving contracts coupled with the AI buzz and everything about this company will be vibe coded to sh-t with no one left who understands how it works

Saint Louis University is terminating its entire main campus custodial staff of 82 employees. The university will transition to an outside provider, Helton Education Services Facilities Management, for custodial services. This change is expected to provide more consistent services and reduce costs for the university. Affected employees will receive conditional job offers from Helton, with SLU providing financial support during the transition. The university stated it values the contributions of its custodial team.

St. Louis, MO

https://unewsonline.com/2026/11/slu-announces-layoffs-of-entire-main-campus-custodial-staff-moving-to-outside-provider/

https://overpaid.lol/#calculator

Way to go team. This was one of the most important and difficult project and now another feather in the cap that we have finished this.

This will streamline the entire quote to cash stream and save a lot of money for the company.

How many reorgs have we had in the last several years? Can you point me to one concrete thing that has gotten better from them? Anything other than cost savings caused by layoffs?

Allegheny County Executive Sara Innamorato has unveiled a $3 billion budget proposal for 2027. This plan aims to prevent tax increases and avoid employee layoffs. The budget includes eliminating 150 vacant positions to achieve significant cost savings. Rising costs and reduced state and federal funding present challenges for the county. The proposal now awaits approval from the Allegheny County Council.

Allegheny County, Pennsylvania

https://www.monvalleyindependent.com/2026/10/07/innamoratos-3b-allegheny-county-budget-plan-spares-layoffs-hikes-no-taxes/

McCormick is progressing with its planned combination with Unilever's Foods business. The company has established the future leadership team and operating structure for the merged entity. This deal is projected to yield approximately $600 million in annual cost savings. The transaction is anticipated to be finalized by mid-2027, pending regulatory approvals. Specific impacts on Maryland jobs or local operations have not yet been detailed.

Hunt Valley, MD

https://patch.com/maryland/baltimore/old-bay-maker-advances-merger-plans-targets-600m-annual-savings

The newly formed Skydance Corp. has officially closed its merger with Paramount and Warner Bros. Discovery. Company leaders David Ellison and Ynon Kreiz have informed employees that layoffs are imminent. This decision is part of a strategy to achieve significant cost savings following the integration of the two entities. The exact number of affected employees has not yet been disclosed. Executives expressed a commitment to handling the process with thoughtfulness and respect.

New York, NY

https://variety.com/2026/film/news/skydance-ceo-memo-layoffs-paramount-warner-bros-merger-1236901335/

Offshoring jobs to Bangalore and managed service providers (MSP) is not actually saving $. DW touts structural cost savings, but it's just pushing cost elsewhere through bloated headcount in MSP's, rework, and travel and meetings to/from the GBC's. There are a few areas where it might help, but overall it's a sham and a lot of the moves aren't saving $.

An on point post from @bs+1m3c7z5m2.

A simple first step would be to eliminate all executive roles in the HR function. That would result in around $25 million to $30 million in instant cost savings on an annualized basis.

Then follow this up with halving executive roles in the Corporate Headquarters. That would be another $25 to $30 million

In total, the company can save at least $50 million in cost with zero negative impact to its profits performance.

Exactly what @r4+1m35c1d6a said.

Wtf, Z posted saying her team is implementing quantum 🤣 I know first hand this is a sham. How? because they were looking at DSNP optimization which does not need quantum!! Folks from business team is just playing along due to pressure. Offshore folks don't know the first thing about out business nor quantum. Doubt it? Check back next year and see if they show any true cost savings. 🤣 The only cost saving idea Sh-t has is to offshore as much as possible, cheapest ones, he-l to quality. .

Summary of Novo Nordisk's Workforce Restructuring

Disclosed Headcount Contraction:
Novo Nordisk revealed at its Capital Markets Day in London on September 21, 2026, that overall staff departures reached approximately 13,000 positions over the previous 12 months.

Original Restructuring Scope:
The dr-gmaker originally announced a major restructuring program on September 10, 2025, targeting about 9,000 job cuts, roughly 11% of its workforce.

Additional ~4,000 Departures:
The additional departures did not result from a second formal mass layoff. Company spokespersons said they largely reflected natural attrition, retirements, voluntary exits, and positions intentionally left unfilled.

Current Workforce:
Following the cumulative reductions, Novo Nordisk's global workforce stands at approximately 66,000 to 67,000 employees, down from a peak of more than 78,000 in mid-2025.

Impact in Denmark:
Of the initially planned 9,000 job cuts, approximately 5,000 positions were eliminated in Denmark.

Why Novo Is Restructuring:
The restructuring comes amid intensifying competition in the GLP-1 weight-loss and diabetes market, particularly from Eli Lilly, softer growth expectations, and preparations for future patent expirations involving semaglutide in the early 2030s.

Cost Savings:
The original program targeted annual savings of 8 billion Danish kroner, approximately $1.25 billion to $1.3 billion, by the end of 2026. Later company figures indicated realized savings had surpassed 10 billion kroner.

Where the Savings Are Going:
CEO Mike Doustdar said savings from the workforce reductions are being reinvested in core R&D pipelines, manufacturing expansion, and next-generation therapies.

Future Pipeline:
Management also outlined plans for more than five blockbuster dr-g launches by 2030 and a target of more than 150 billion Danish kroner in pipeline sales by 2035.

Market Reaction:
Novo Nordisk shares fell approximately 8% to 9% following the London investor event as investors and analysts questioned pipeline execution and the company's longer-term pricing power.

Sources

Reuters - Capital Markets Day and workforce departures:
https://www.reuters.com/legal/litigation/novo-nordisk-aims-launch-more-than-five-blockbuster-dr-gs-by-2030-ceo-says-2026-09-21/

BioSpace - Workforce reduction and departure breakdown:
https://www.biospace.com/job-trends/novos-workforce-reduction-climbs-to-13-000-to-fuel-r-d-work

BioSpace - Layoff Tracker:
https://www.biospace.com/biospace-layoff-tracker

Final Round AI - Restructuring analysis:
https://www.finalroundai.com/blog/novo-nordisk-layoffs

Grind Hotline - Novo Nordisk restructuring coverage:
https://www.grindhotline.com/novo-nordisk-layoffs-2026-13000-departures-9000-job-cuts.html

The Irish Times - London investor event:
https://www.irishtimes.com/business/2026/09/21/novo-cuts-13000-jobs-in-a-year/

The New York Times - Original 9,000 job cuts announcement:
https://www.nytimes.com/2025/09/10/business/novo-nordisk-job-cuts-ozempic.html

lots of fat to cut especially in Lake Mary. many cost savings- AVPs, SDs, Ds, and ADs will less than five reports and dont do work. many with third world degrees from diploma mills or strayer. verizon stockholders deserve better dan! do something. move the needle on financial ratios

Dropping an opinion here that I hope actually reaches someone, since I've heard senior leadership is listening for input right now. I also know a lot of people here would be curious how this might all play out. Here’s a take to sit with.

Start with the pieces. Comcast is splitting NBCUniversal and Sky off into their own company. What's left? connectivity, the broadband and cable business, becomes the core company going forward. For the first time, this business has to stand on its own in front of investors without NBCUniversal's cash flow underneath it. Right as that's happening, Jason Armstrong stood up at Goldman Sachs and called this the largest cost transformation in company history, billions in savings are coming. In the same breath, he said broadband losses aren't improving this quarter. Stock dropped over 6% that day, and it dropped on the subscriber number, not the savings number. Wall Street got both stories in the same sentence and only reacted to ONE of them. That already tells you cost efficiency isn't what moves this stock.

These moves feel like a room full of CFOs racing to cut the org chart while staying completely tone deaf to what the Customer actually experiences. That matters because cost transformation and Customer stabilization aren't the same lever. This is an internal savings story, not a Customer story, full stop. Cutting management layers or overhead shows up in margin next quarter. It does nothing to change why a household picks a $30 fiber offer over us.

Even if the program runs perfectly, it's solving a different problem than the one actually dragging on the stock, and the timing makes that worse. Connectivity is about to be judged as a standalone, and a standalone broadband company showing margin discipline while still bleeding subscribers doesn't read as disciplined. It reads like a company that got its cost base in order because it couldn't get its Customer numbers in order.

The earmarking backs this up. Armstrong pointed to wireless expansion and monetizing data as where some of this money goes, not broadband pricing, not service, not the product the Customer is actually leaving over.

Broadband lost roughly 650K subscribers last year and another 230K plus already this year, and fiber keeps expanding into our footprint.

We've also underperformed the market for close to 3 years straight now, well below where the stock sat at its highs. Trimming layers doesn't touch any of that, because none of it was ever built around the Customer to begin with.

The take is that this doesn't just fail to move the stock, it makes it worse.

Play it forward for a second, connectivity goes public on its own, still losing subscribers, still facing the same pricing pressure, now carrying a cost story instead of a Customer story. That's a demand side problem being treated with a supply side fix, and Wall Street has already shown which side it prices. The Customer sees nothing change either, same price, same service, same frustration. Cutting costs without moving those numbers doesn't buy goodwill from either side. It just proves the transformation shrank the business instead of fixing the thing that's actually been dragging it down for years, because the Customer was never the one being optimized for.

How many leadership face to face sessions are taking place this/next week? Any bets that “cost savings” is a big topic?

Getting rid of longtime employees might save money immediately, but there's a lot that doesn't show up on a balance sheet. Years of knowing how things actually work can't always be handed over to someone new. Once too many of such people are shown the door, Oracle may discover just how much they were carrying. Saving money today doesn't necessarily mean saving money later.

I have never seen Halliburton do a layoff every week. Shannon and Jeff up there are destroying lives and going to sleep peacefully. How evil is that? They are getting rid of people in the name of cost savings blaming it on the war, can anyone explain how they decide who leaves? I’ve seen people who have done well performance still get laid off. The rest of the year is going to be anxiety effing riddle. Eff you j and s

CEO Dara Khosrowshahi pointed to lower prices as one way that Uber plans to use the money it's saving from laying off 10% of its corporate workforce, or about 3,300 people. The company announced the job cuts earlier this month.

https://www.businessinsider.com/uber-price-cuts-ceo-dara-layoffs-savings-2026-9

The next wave will likely be end of October which will land around the Q3 earnings call. Followed by early Jan or late Feb ahead of Q1 close.

Pretty much follows Enrique’s playbook from HP. He executed RIF in waves. We still have about 1B to go on cost savings. Saved about 400M so far.

• Campbell's targets $500 million in cost savings by 2030
• Cuts Q4 dividend to 25 cents from 39 cents to speed up debt reduction
• Posts steeper-than-expected Q4 revenue decline
• Quarterly profit in line ​with estimates

https://www.reuters.com/business/campbells-forecasts-annual-sales-below-estimates-weak-consumer-spending-2026-09-03/

Company laid off a bunch of engineers , and now is forcing techs to do the zero pen jobs that fell to them. The union is so stupid , they didn’t even argue for a differential pay for its members. Company is saving millions making techs do the engineering work now. What does the union do besides sc--w over its members at every turn lol

https://finance.yahoo.com/energy/articles/apa-targets-700m-cost-cuts-170203957.html

It certainly isn't from the executive payroll.

How much budget cuts does VZ need in next 4.5 months to meet the $5billion prior to year end

Woodbridge officials are considering closing Keasbey Fire District No. 4, a move they claim will save taxpayers money and improve emergency services. Opponents, however, suspect the closure is a precursor to redevelopment of the valuable land. The township cites a state inspection highlighting declining membership and rising costs as reasons for the proposed dissolution. A final decision on dissolving the 117-year-old district is expected on August 12. The eight full-time firefighters would be reassigned to other township firehouses.

Woodbridge, New Jersey

https://nj1015.com/keasbey-fire-district-dissolving/

Readington Township Public Schools will reduce staff by twelve positions for the upcoming school year, saving approximately $1.1 million. This reduction was achieved through early-notification separation agreements rather than layoffs. All academic and extracurricular programs will be maintained. The district is also expanding special education offerings. These changes are expected to go unnoticed by the average student and parent.

Readington, NJ

https://www.tapinto.net/towns/flemington-slash-raritan/sections/education/articles/readington-seeing-fewer-staff-positions-for-coming-year-but-no-layoffs

Los Angeles Unified School District is projected to face a significant cash shortfall, prompting concerns about its financial stability. The district must revise its fiscal plan within 45 days to avoid increased county oversight. Experts suggest that declining enrollment, expiring COVID-19 relief funds, and rising operational costs are contributing factors. Tough decisions, including potential layoffs, furloughs, and school consolidation, are anticipated. The district is urged to rely on its own cost-cutting measures rather than expecting substantial state aid.

Los Angeles, California

https://edsource.org/2026/lausd-financial-crisis-looms/763170?amp=1

AI entire executive board leadership save millions, VZ stock price might increase

With all the VSP's approved and separation dates staggered from early September 2026 to end of 2027, we will still possibly have involuntary layoffs occur in mid August 2026 to help the company save some money. Even though we can't be transparent enough to tell you for sure, please keep work hard and diligently to ensure our providers and members are extremely satisfied.

With so many office buildings sitting half empty, it raises an interesting question:

What if companies sold some of their real estate and embraced a truly virtual workforce?

Many offices already feel sparse, with some departments coming in fewer days than company policy requires. Meanwhile, businesses continue paying for office space, utilities, maintenance, security and other overhead costs.

Could those savings be better invested in employees, technology, innovation, or customer experience instead?

Remote work isn’t the right fit for every role, but for many positions, the traditional office footprint may no longer make financial sense.

ArcBest is implementing a restructuring plan that includes workforce reductions of approximately 2%. The company will also consolidate some less-than-truckload terminals, reducing its network footprint. These changes aim to achieve significant annualized cost savings. Additionally, ArcBest is consolidating several brands under its main banner and retiring others. The restructuring is expected to result in both cash and noncash charges.

Fort Smith, Arkansas

https://www.freightwaves.com/news/arcbest-announces-layoffs-closing-10-ltl-terminals

We integrating to become more efficient and reduce cost. Don’t matter if you like the decision but tomorrow Xerox supposed to move to Lex CRM platform (a date already slipped) and the date moved again. Jeez. Sales Strategy and Sales Operations (a dangerous d-mb and d-mber) didn’t get the memo from LP about speed I guess. All just want to get on but not helped by delay.

I saw in another thread on here that taking the VSP will save Centene money in the long run. If the next round of layoffs don’t include any severance, how would it be possible to save money for Centene through the VSP?

https://www.trefis.com/stock/xom/articles/603827/exxon-saves-billions-but-margins-still-cut-in-half/2026-06-22

For a company that earned multi billion$ per quarter, it seems minimal reward/high risk to transition to low cost and low capability workforce in a 3rd world country.

The savings seems like it is not worth the risk and also not worth destroying all confidence and loyalty of its HC10 employees.

How much is the total annual target savings of moving to third world country 1/10 salary workforce, low cost engineering, low cost fabrication and procurement?

iHeartMedia initiated a programming realignment today. This initiative includes a new round of layoffs. The company aims to scale its new technology capabilities. It also seeks to achieve $50 million in cost savings. Several employees across multiple markets have been impacted.

https://radioinsight.com/headlines/360118/iheart-starts-programming-realignment-with-ongoing-cuts/

We have to separate fact from opinion.
SF was CFO of WP when FIS acquired WP. She was appointed COO with a primary responsibility of integration of WP and FIS. Integration was so bad FIS paid an additional 950 million in 2022 for acquisition and integration costs. They settled a lawsuit for 210 million associated with the acquisition of WP. Would we agree SF did not properly integrate the two companies?

Next, she is designated as Chief Administrative Officer 2021 to 2022. Primary responsibility included transformation, M&A, and technology. I think all of FIS/WP employees would agree this didn’t happen.

Her reward, appointment as CEO of a Fortune 500 company with experience of only accounting and finance. Company Stock price Dec 16, 2022 was 69.17. Today, it is 37.47. This what 20+ million a year in CEO comp for SF earns you.

When will the firings end? It isn’t ending soon. As part of the agreement with DE Shaw, FIS agreed to 400 million in cost savings. To avoid major disruption in the business and the Warn Act, FIS is laying off people over a three year period.

Follow the money, DE Shaw share sales in subsequent FIS announcements post Dec 2022. They forced these changes. FIS BOD appointments and historical relationships with DE Shaw, Janu Partners and SF. What backroom deals between Goldstein, Ernst and DE Shaw were agreed?

Make it make sense. 20+m a year, stock price free fall, increase in C Suite personnel compared to legacy FIS, advisor fees so high CFO commented on it, nepotism hires with Performance Officer, CAO, HR. What has this C-suite and SF accomplished?

This is the same CEO that created Future Foreward, implemented all these cost savings with promised payouts, delayed payouts, divided up payout over two years and then let people go before payment. This is the FIS culture. A CFO that hates Jacksonville and US culture. A failed CAO from Hertz because they were friends in Cincinnati. BT was her best friend at WP with no accomplishments at FIS. BT is an over priced puppet. Sad part, entire company run by McKinsey.

FIS got what it deserved. SF set out to do what she promised, fire all legacy FIS and the board has done nothing.

I was told by a colleague today that Apps Modernisation are saying that they will accept payment when savings are realised - essentially means free work now, pay later if it all works.

Anyone else get this?

Watch for more "savings" coming. . .

https://www.wsj.com/video/how-ibm-saved-45-billion-using-ai/C3EDE5AB-F38B-4281-8A92-0421C8753129

By: WSJ Leadership Institute
49 min. ago

IBM senior vice president of marketing and communications Jonathan Adashek explains the company's "client zero" initiative, which utilized artificial intelligence and automation to cut $4.5 billion in spending over three years. The IBM executive also explains how the technology is freeing up creative teams from menial tasks and generating more targeted sales leads.