#cuts

Small, big, who even cares anymore? Welcome to the joys of being employed at Verizon!

Does anyone actually enjoy working here anymore? I used to like my job but now it's not worth it. The pay is not keeping up and management is even worse. Don't even get me started on all the cuts.

Get ready! Plan ahead talks of big cuts coming this fall. Mostly to mechanical shop jobs.

Surprise, surprise!

The EC goal with this year's annual planning, will be to cut to the bone. The internal transformation is not going fast enough to keep up with competition, so internal development efforts will be severely cut. Why invest in outdated and undocumented infrastructure? The cost savings will be used for sourcing the needed functionality outside.

It will be a sad Christmas for many!

During open enrollment last year, HR announced that the company would discontinue our previous mental health plan (Chevron Mental Health and Substance Use Disorder, MHSUD). This change meant that employees and their dependents who were receiving behavioral health benefits via MHSUD would be forced to obtain mental health coverage via one of the medical providers that we selected (Kaiser, Anthem, Cigna).

The HR email alerting us about this change very casually claimed that “the kinds of behavioral health services covered will generally remain the same” and that “costs may change.” Well, that was quite THE understatement!

I find it truly unconscionable that our ELT, who obviously had to have been presented detailed cost impact scenarios showing the devastating impact to employees, willingly chose to implement this significant reduction to our mental health benefits. And they did so knowing full well that people would be struggling even more as a result of the layoffs and reorg.

Since not everyone might have a need for these benefits (consider yourself fortunate), allow me to paint you a picture of the shocking financial impact that our family is facing.

We have the Anthem PPO. I originally called them to find out the per-session fee for this year. They initially stated $0 copay or coinsurance. That did not seem possible, as we used to pay $13 per session last year through the MHSUD plan. I called back, and Anthem stated that our cost would be 40% of the billed rate.

Assuming a weekly session, below is a cost comparison of old vs. new coverage:
— MHSUD cost = $13 x 52 = $676 per year
— Anthem cost =
— $1,000 deductible (we had not spent anything towards the deductible); this covers 100% of our out-of-network therapist’s fee for ~7 sessions at roughly $152 per session
— for the remaining 45 sessions this year, we expect to pay 40% of the therapist’s $152 fee; therefore a total of about $2,750
— that makes our total out of pocket expense for mental health benefits this year ~$3,750
— that is an increase of ~$3,074 (over 455%!!!) vs. the $676 under the old MHSUD plan

My question to MW and whoever else was involved in this decision is how can you possibly justify so callously reducing your employees’ mental health benefits and so drastically increasing their financial burden? Have you NO shame or compassion or, at a minimum, any interest in keeping your workforce mentally healthy?

We’re not talking about frilly perks here. This is MEDICALLY NECESSARY care. Mental health benefits are CRUCIAL in some cases to keep people from inflicting self-harm and possible su----e.

I am beyond disappointed in this company and its senior-most leaders. Somewhere along the way, greed took hold, and for the sake of shaving a few million off CVX expenses, you abdicated your responsibility towards the human beings you employ and their families.

To think that anything will change because of this post is utterly pointless, I know. I feel better at least having documented this egregious display of callousness from MW and the entire ELT. It might be good for all of us to remember that mental disease does not discriminate. Someday it might be you or one of your family members to suffer a mental health crisis. Ask yourself: are you proud of MW’s behavior? Do you feel his and the ELT’s decision about our mental health benefits is justified?

All the hype about heads rolling today in Boston and Everett - any cuts or was it all talk?

Will there be more cuts next week?

I'm trying to stay informed but I haven't seen anything solid.

Thats gotta be a great sign huh? Losing billions, needing to cut prices, and pushing a desperate hail mary IPO.

If we are saving humanity and curing cancer, why are they cutting prices before even figuring out how to make a single penny in profit?

https://www.instagram.com/reel/DUu3O7YkxMO/?utm_source=ig_web_copy_link&igsh=NTc4MTIwNjQ2YQ==

Does anyone know when they're going to start letting people go? I've heard July but I'm not sure. Could be later.

Imagine getting 10-percented, losing your job with no severance package, after working hard for a multi-billion dollar company for decades, just so the executive team can save a little money and look good to their investor overlords. Smh

Listening to higher ups on their going to this country or that country is ridiculous. Constant layoffs, taking away tools needed for some roles makes it seem like a waste of budgets for the higher ups to be jetting all over the globe. These in person meetings could have been a Zoom and saved $.

https://americanbazaaronline.com/2026/06/10/dell-sec-filing-signals-more-workforce-cuts-as-severance-costs-climb-482584/

Time to get your affairs in order, John Stankey is getting lean

Hearing too many flash calls buzzing since this morning across multiple wealth, PI and brokerage teams.

One team confirmed next round of cuts to apply immediately starting next quarter.

Can anyone else confirm?

Frontier folk on the chopping block.

All levels of leaders are gonna be cut. Anyone know when?

Fall River Public Schools will lay off 73 educators. Initial non-renewal letters went to 213 employees. Reasons cited include performance and missing state licensing requirements. The district is working to help many educators meet these standards. Special Education teachers and newcomers are most affected by these cuts.

Fall River, Massachusetts

https://www.heraldnews.com/story/news/education/2026/06/10/fall-river-schools-issue-213-teacher-layoff-notices-new-licensing-requirements/90476083007/

The number is gigantic

Mike Lyons gets 70 million in year one while cutting staff, forgoing bonuses or salary increases for many if not all, stating market and company talking points around why they cannot spend money. All while taking 70 million 😂

Incredible leadership. Just who everyone wants to follow!

Max cap being cut from 150% to 125% so they can take that off the balance sheet and not have to pay out that additional time when we're all RIFd.

Any cuts?

The cuts have taken place, things are where they, hopefully, want them to be, so I'm going to assume there won't be additional cuts any time soon?

I didn't realize the layoff stress here was bad enough to make someone leave for less money.

Been hearing 6/10 for about a month, how’s it looking out there?

if you were/are impacted by the layoff, please reply and keep this post on the top so we can have some ideas how many people they are cutting secretly. Just post your date and your state.

Are we going to see more cuts?

Mount Vernon School District staff expressed dissatisfaction with recent personnel actions. The district cut 13 educator roles and transferred 41 teachers. Employees learned of these changes through email, causing distress. The district faces a $5.5 million budget deficit for the upcoming school year. Superintendent Victor Vergara apologized for the handling of these layoffs.

Mount Vernon, Washington

https://www.cascadiadaily.com/2026/jun/09/mount-vernon-school-districts-staff-bristle-at-layoffs-teacher-transfers/

Mankato Clinic announced employee layoffs on Tuesday. Just under 100 employees were affected across all clinic locations. This represents about 10% of their total workforce. The layoffs were effective immediately. CEO Aaron Johnson cited significant financial and operational challenges.

Mankato, Minnesota

https://www.keyc.com/2026/06/09/mankato-clinic-announces-layoff-employees/

I have tight schedule and I won't be able to give 15 day notice, is that ok? will there be any pay cut?

The calls to stop spending money and the pain continues..... our customers and our network continues to suffer, let's not get into how much the employees are suffering. What is Stinky doing to AT&T...?? We are told to save a dime, but then he spends millions on stupid cr-p.

Why is he still around?
Why hasn't the board asked for his resignation...?
Are the stock holders and board members as blind and as stupid as he is..??

We are definitely in a spiral downhill... sad to see how much the company and upper management continue to fail us all.

Centria Autism will lay off 48 corporate employees. These layoffs affect staff in Fresno County. The changes are effective starting July 31. The company provides ABA therapy services. Its Fresno office will remain operational.

Fresno, California

https://www.fresnobee.com/news/business/article316042888.html

Pittsburgh Public Theater announced the elimination of 11 staff positions on May 19. This decision follows the theater's board vote to merge with Pittsburgh Civic Light Opera. The merger is set to finalize in January 2027. Financial constraints and foregoing a traditional fall season necessitated the staffing changes. Former managing director Shaunda McDill's contract was also not renewed days prior.

Pittsburgh, Pennsylvania

https://www.americantheatre.org/2026/06/08/in-pittsburgh-a-partnership-leads-to-layoffs/

Which group will be next?

I guess more cuts.

Looks like that SF lost her mind. There was a couple of urgent L2 level leadership meetings and additional cuts and savings asked. Is it the aim of SF to destroy the company? When she will finally understand that leading the company is way more then financial numbers? Is she finally loosing her support to lead this Titanic?

Can someone imaging she survive as a CEO any longer? I never seen something like this. Only Kelly Beaty could be worse choice.

Erie Mayor Daria Devlin's administration is cutting city jobs. Six city jobs are being cut or vacated. The city faces a $12 million budget deficit for 2027. Expense cuts are also mandated. The administration seeks financial assistance from local entities.

Erie, PA

https://www.goerie.com/story/news/local/2026/06/08/city-of-erie-12-million-budget-crisis-layoffs-cuts/90418619007/

A lot of whispers say July. Jville-Heartland is one of the targets. Is it all of Jville or select leaders? If you know, just say so people can start preparing.