#cuts

The date for the first quarter layoffs is set to the first Monday in February. It’s going to be a bloodbath.
Good luck everyone

Why does everyone hate the Union and its employees?? You all will finally get your wish for union layoffs to be fired in the next round of cuts!!

Not heard much internally on how we are doing. April is looming, what’s the chances of more cuts. I’ve updated my cv but not many bites so far in the uk

Too much fat

Don’t know the full scope but it appears to be pretty significant. Lots of senior folks included in the cuts.

How are we supposed to survive this?

Major layoffs at Alameda Health System have caused disarray. The system cut 247 employees, roughly four percent of its staff. These cuts are attributed to federal Medicaid funding reductions. Staff report overflowing trash and delayed lab tests due to the changes. Many doctors and nurses urge the board to halt the reductions.

https://www.sfchronicle.com/health/article/alameda-health-system-hospital-layoff-21297646.php

Has anyone heard if they are taking away company cars? If so who does this affect? What levels?

Wondering how many field ops and switch ops will be cut. more and more work to pile on those who remain.

Is the culling over??

Here’s a breakdown by region and area. These numbers have been verified.

All regions combined

ICs: 43 will be let go

Managers (including senior managers): 5

Per area

ICs: 10–12, depending on the area

Managers: 2 per area
To reduce costs, all senior managers in each area will be let go as their responsibilities can be handled by managers at a lower cost.

Seems like another way to combine and cut eventually

I know there’s a lot of noise with the outage but anybody catch that last call where Liane Lanier was selling us on indirect locations?

Did anyone else leave yesterday’s East call feeling patronized and frustrated? It felt less like a strategic update and more like an attempt to gaslight the entire organization into believing agent locations are outperforming corporate stores.
We are being fed "metrics" that supposedly show agent stores winning in customer experience, yet those of us on the ground know the reality doesn't match the slides. If this move is strictly a cost-cutting measure, then have the professional courage to say that. Instead, we got "glamorous" hosting, skits, and tired slogans while our actual reality is being ignored.
The most insulting part? While leadership plays around with "hustle" acronyms, those same "devoted" agents are already telling our teams which corporate stores they’ll be taking over in the coming months.
We are out here working our hardest for this company, but it’s impossible to have "heart" for a leadership team that chooses performances and made-up metrics over transparency and respect. The act is getting old. It’s time to stop the show and start paying attention to what your teams are actually going through.

10,000 getting cut
Was just told at 3pm today 1/15 access is getting cut off for 10,000 people at T-Mobile who are all part of a mass layoff. Not sure how accurate 10,000 is but I know for a fact my ex-wife is part of this.

They are chopping bodies today folks!!!

We were told that there's a major announcement coming up next week and a bigger cuts to be announced at the end of January.

Focus will be on colocation again,
if you were an Exceptional performer last year you're on the chopping block if you're not in the same location as the rest of your team.

Is there any activity going on with cuts in the UK business?

I wonder how many delighted customers have forever cut us out of their lives today?
Real hard to regain trust once the cord is cut.
When will this downward spiral end?
Will it take even more layoffs, off-shoring, and brain-drain to right this ship?

I'm in fraud analytics and a bunch of my coworkers got pulled in for a surprise meeting today, one I was not part of and I'm extremely anxious and on edge. Has anyone heard anything yet? There's nothing out here that will pay me the same as I make and I really cannot afford to lose this job.

Usually happens in January. I am thinking at least 100 million with bonus and stock award. He cut jobs. That is what his p1mps on Wall Street care about.

I see at least 50 for Krabanaugh. He got his wish. IBM over 300 a share.

My dept lost 20% of team during cuts.
For everyone left, they took our time.

Overtime is assumed. Vacation is “available” as long as no one else is off — so it isn’t. Flexibility vanished. Trust went with it.

Now it’s all about how many extra hours you can cram in a week. Coverage charts. Being watched instead of being valued. Results don’t matter nearly as much as looking busy.

We’re not managed. We’re monitored.

High performers didn’t suddenly need babysitting. But treat people like clock-punching liabilities long enough and don’t act shocked when they stop caring — or stop showing up.

Headcount was the first cut.
Time is the second.
Talent is next.

They want to cut workforce to boost Intuit stock price.

It’s over

More layoffs

Who in management makes the final decision about who gets cut? SVP? MD?

Portland Craigslist currently has a lot of Nike Appeal for sale postings. The craigslist posters state their Nike appeal, they want to sale is new or never worn. All the people at Nike who know they are going to get a layoff notice soon are looking for quick cash and unloading their stash of Nike appeal they have been swiping at work for years now.

From my perspective in accounting, this keeps happening. They release senior staff to balance the budget, but the underlying strategic errors remain. In my twenty years, I have never witnessed this leading to genuine recovery. It only demoralizes the teams left behind to pick up the pieces with less support.

Whats the word for the future of branches? Will District management positions continue to be cut? What about Branch Managers? I am in my 30's and been in branch management for about 7 years, next move would be a DM position but how likely is that? Are other branch managers working in a teller window and as a banker half their days?

A ton of folks were fired today……all about the quota. We lost some really good people. As usual, the compliant cheap useless folks survive.

Anything less than 100% is corporate greed, plain and simple. The people who stayed are being squeezed dry doing the work of two employees while getting paid for one so executives can protect their bonuses and call it “strategy.”

But by all means, Dan, keep slurping your coffee and pretending this is complicated. If Hans is still pulling in millions, don’t insult everyone’s intelligence by offering scraps. There is zero excuse for anything under 100%. Anything less is a slap in the face, and everyone knows it.

Happy New Year Apaches. You have got to love this place.

From what I am hearing is that this coming Thursday is when it’s going to happen

Some numbers and data to review as many on these boards are asking questions re changes and prospects:

1. Enrollment decline or as they call "purge" of approx one million member:
   https://www.beckerspayer.com/payer/medicare-advantage/unitedhealth-projects-1-million-member-drop-in-medicare-advantage-enrollment/

2. UHC's total membership by state:https://www.beckerspayer.com/payer/unitedhealthcares-total-membership-by-state/

3. Areas of exit.
   https://www.reuters.com/legal/litigation/unitedhealth-exit-medicare-advantage-plans-16-us-counties-2025-10-01/

Speaking of HouseCalls in particular. It appears that cuts will be targeting mostly rural areas.

Capital Management Employees are vastly overpaid $$$ compared to almost every other division in the company+

out of the 35+ people, almost all are EVPs, SVPs, or VPs+Raking in $250K-$400K per year or much more+All the extra employee comp & bonus money is being funneled over to Capital Management+They get quarterly bonuses unlike other employees in the company+That is not fair+Their jobs are easy with them relying on AI computer stock picks as they mimic those recommendations along with the analysts+It's time to rein in this area+Company could save $10M w/o Capital Management+Company would make more $$$ by having better performing outside funds with lower expense ratios but tacking on additional fees to drive revenue++too much bloat w/ Capital Management++Hardly anyone is investing in their institutional funds outside of retirement plans & they have spent a ton to get on various platforms+Assets are down over $1B YOY which is 7% of portfolio+Meanwhile, there are no layoffs & employees of that division keep getting new titles and big big salaries and raises.

this year, the vast majority of the funds are near the bottom of their peer rankings & only three funds are in the top 50%. So, 3 funds out of 28--off to a very rocky start in 2026--looks like it will be a down yr+time to cut salaries, perks, & jobs in that division+lots of favoritism going on there--------

Lipper awards were excellent but company couldn't find a way to get news out & more plans & money keeps leaving. WTF is going on ?

$$$$$
Morningstar
Total Return Rank in Category
YTD (1 is best & 100 is worst)
MoA Core Bond Fund 98
MoA Clear Passage 2020 97
MoA Retirement Income 94
MoA Clear Passage 2045 92
MoA Clear Passage 2050 92
MoA Small Cap Growth Fund 92
MoA Clear Passage 2055 91
MoA Clear Passage 2060 91
MoA Clear Passage 2035 91
MoA Clear Passage 2025 89
MoA Clear Passage 2040 86
MoA Clear Passage 2065 85
MoA International 84
MoA Clear Passage 2030 83
MoA Mid Cap Growth Fund 81
MoA Conservative Allocatio.. 76
MoA Small Cap Equity Indx 76
MoA Clear Passage 2070 71

When will the layoffs start?

I keep hearing full time store H.R. will be eliminated, is this just a rumor? Or is it true? I’m hearing this repeatedly.

CSX cuts 166 Management, 199 Conductors.
UP will trim NS after the merger, waiting on STB approval
Just saying!!!

I see that new job postings in KTD have stopped and there might be a hiring freeze in place which is a strong signal for layoffs in KTD!

The truth of it all is this….
Other banks made the bold claim that by the EOY there will be tremendous cost savings. Citi, like so many times in the past, did not want to be left out, so they made the same boast. Needless to say, its not unfolded as they thought. There’s been no huge cost savings to the level they thought, so they are scrambling to recoup some bucks. Cutting to the bone to feed into the shell game to the shareholders and the board “see, we saved money like we said”.

Needless to say and\or its quite evident, this does NOT affect Jane Fraser’s recent massive boost in pay. For that, just chop more heads.

This is important, never forget that Jane’s increase in salary while they are chopping heads or needlessly placing people on PIPs, has been deemed acceptable. THIS is what they think of the value you bring to the table and how expendable you truly are.