#cuts

I see that SOBO went through some cuts. I also see that a few posts were removed due to probably using initials of the degenerate directors. censorship is alive and well.

P.S. sorry for the TCE folks who have to see this in their feeds. South Bow doesn't have its own page yet but no worries, it will be a good laugh for you guys.

long story short my manager said cuts are coming really soon to analytics and other divisions.my sisters 23 has been applying everywhere since she graduated and has not gotten anything, im so fu--ing scared since this is my only big boy job.How are yall searching??

This is literally the description on the Layoff.com portal

Let’s that sink in!!!!!!!

We are now 85k barely. We have lost close to 100k employees.

This is a effing TITANIC I say. Jump while you can. Indian future CEO is already interviewing. Trust me!!!!

The investor said PepsiCo is being hurt by a "lack of strategic clarity." Do you agree?

https://share.google/ozB3fXLWDmuBn5x5r

Not true.. faculty and course leads, coordinators are being let go

do a a quick google search, multiple articles released today. Feels like they are easing into what’s to come.

where and how many??

Our manager talks about work/life balance, but cuts and voluntary departures mean the workload just keeps growing. Its becoming exhausting and nobody seems to care. I don't know how the rest of you are dealing with it, but I'm this close to walking away, and I don't even have anything lined up.

Automotive supplier Avancez is cutting its second shift this month, resulting in the permanent layoffs of 143 workers at its Hazel Park facility. The move was detailed in a notice submitted Nov. 7 by Avancez in compliance with WARN.

https://www.candgnews.com/amp/news/layoffs-hit-automotive-supplier-avancez-9722

December is here, does anybody know by now when we can expect more cuts? Is Q1 a possibility?

Who is hoping to be laid off ? How much is your severance pay? 💰

There’s no massive layoff wave in Wisconsin, but plenty of smaller and mid-sized cuts across different industries are creating a lot of uncertainty. If economic pressures continue, more job losses are definitely possible.

The grift that keeps on grifting. He will consult through the transition.
Plus private jet perks and more for leading the company from 1st to 3rd place.
Will he still have a security detail?
Employee shareholders pay the price.

There’s no real chance of recovery on the path we’re on, especially with the people steering the wheel. At this point it barely matters whether the next cuts land in December or later. They’re coming. It would just be nice if, for once, the people responsible actually took the blame. It’s absurd to pretend anyone but leadership is accountable for the state of affairs.

Executives are considering potential budget cuts as high as 30% for the metaverse group next year, which includes the virtual worlds product Meta Horizon Worlds and its Quest virtual reality unit, according to people familiar with the talks, who asked not to be named while discussing private company plans. Cuts that high would most likely include layoffs as early as January, according to the people, though a final decision has not yet been made.

https://www.spokesman.com/stories/2025/dec/07/metas-zuckerberg-plans-deep-cuts-for-metaverse-eff/

Don’t be. Or at least, don’t take them to heart. They aren’t genuine assessments. They’re just a convenient cover for cuts and reorgs. A bad review might increase the odds of being let go, but it says nothing about your real performance, and definitely nothing about your actual value. Leadership is focused on finding the easiest and cheapest ways to push people out, whether it’s through reviews or some other pretext. The whole thing is just theatrics.

Pay rises ? Anyone heard or will it be a company wide no increases for 26

Anything other than the ability to blindly cut from one Q to the next?

History repeats itself. The great RIF’s of 2023 and 2024 were big. The 2025 one was disruptive. I don’t think we have seen anything yet with what’s coming ahead of FY27 given current path. Everyone in teams are going to be asked to cut and tech is going to be back to the basics. Keep email going and get people phones and computers. Then get out of the way.

Few domains will be left. The way EH wants it. He thinks Tech is nonsense. Just knows he cannot say it in public on record.

So this is why all the cabinets were getting stuffed.

the cuts were too deep and haphazard, with not enough precision or thought given to the reality of the situation.
Now the back-peddling and re-hiring will soon begin in order to get things back on track.

Today was supposed to be a day for more cuts. So, who got notice that they are getting a big check and subsequently running away from this dumpster fire as quickly as possible?

There’s no real plan. Just cutting into oblivion won’t magically make the company better, more efficient, or more profitable. And no, AI can’t replace people, unless someone is aiming for an epic fail.

On Thursday, the Phoenix Union High School District (PXU) governing board voted 5-1 to eliminate 167 positions, reducing staff by 6%.

https://ktar.com/arizona-education/school-district-6-staff-cuts/5787944/

Another round effective today.

Told you cuts were coming!!!

Thoughts?

Every time the cuts hit, it feels like they're pulling names out of a hat because skills and performance and dedication never seem to matter in the final call. It turns the whole thing into a layoff lottery, and after watching that play out over and over, it's hard to feel motivated to give everything you've got when it clearly doesn't affect who stays or who gets pushed out.

New O&T initiative. Filter out must have staff. Rest can sink with the Titanic

By America Hernandez and Stephanie Kelly
October 7, 2025

SUMMARY

• Current payouts unsustainable with oil below $80 a barrel

• Crude oil prices expected to continue falling

• Companies under pressure to cut debt

• Reduced buybacks and job cuts announced

PARIS/LONDON, Oct 7 - The five biggest global oil majors are moving to cut costs, jobs and share buybacks as falling oil prices threaten to make shareholder payouts unsustainable without increasing debt, analysts said.

Chevron (CVX.N), ExxonMobil (XOM.N), BP (BP.L), Shell (SHEL.L), and TotalEnergies (TTEF.PA), have pledged high returns for the past decade to avert an investor exodus as fossil fuels lost their appeal.

But maintaining those generous payouts, which have topped $100 million annually since 2022, has increasingly been funded by debt as energy prices retreated from highs caused by sanctions and supply disruptions in the wake of Russia's invasion of Ukraine.

https://www.reuters.com/business/energy/oil-price-fall-turns-up-heat-big-oils-bloated-payouts-2025-10-07/

Philips Respironics plans to lay off nearly 200 employees at three facilities in Westmoreland County, Pa., according to a Workforce Adjustment and Retraining Notification (WARN) notice filed with the Pennsylvania Department of Labor and Industry. The layoffs, planned for Dec. 31, 2025, to June 30, 2026, will take place at facilities in Mount Pleasant, New Kensington and Murrysville.

https://www.hmenews.com/article/respironics-executes-on-previously-announced-layoffs

Is that certain? At least as far as anything can be certain.

I am hearing from leadership and many others that yet another round is coming Q2ish. Has anyone else heard this? We cut some of the most insanely needed departments, what else could we cut?

given we have lifted the asset cap and are extremely profitable, one would think this years comp would be one of the best in a while, but from what I hear it's going to be one of the worst. Guess they need more money for severance and stock buy backs.

So systems will never get better check
Executives will not get cut
Bad decision makers will get bonuses
Hard working average employees will get riffed doesnt matter how hard you work. So this pig has got lipstick a dress and makeup & you all still brownnose. Theres no growth here or ever was its the same people holding the same titles and let me guess what religion is dan we always pick the worst times & worse people.p

Keene State College is addressing a four-million-dollar budget shortfall by cutting dozens of jobs. Of the 25 positions eliminated, eight were vacant and 12 faculty members agreed to leave under a voluntary incentive plan. Most cuts take effect on January 2nd, with the remaining ones following early next year. The school’s deficit follows nearly 18 million dollars in cuts to the University System of New Hampshire.

https://thepulseofnh.com/keene-state-college-cuts-dozens-of-jobs/

Not sure if mgmt will attempt to bolster the Q4 results with more layoffs. The October 15-20% cuts will be included in Q4 but the goodwill reporting delays cannot be further delayed.

Insights on plans to capture further headcount reductions in 2025?