#cuts

Hearing multiple people cut across the nation.

Whats your count?

Yesterday in Poland, the company was giving away old branded swag, furniture with company colors, and even coat hangers. It made me wonder whether this is connected to an upcoming rebrand.

At the same time, it feels a bit strange - even wasteful - considering how weak the company’s situation currently is, especially when our VCP bonus won’t even be paid out in full.

Curious if others have heard anything or have thoughts on this.

Comment your org when you get the axe (not the email/meeting invite) - let’s keep track here so we know the extent of the damage.

Thousands of layoffs at Tyson Foods plants take effect Tuesday. Nearly 5,000 employees will lose their jobs in Texas and Nebraska. The Amarillo, Texas plant will cut 1,761 b-shift operations positions. The Lexington, Nebraska beef processing plant will close, displacing 3,212 workers. These actions are expected to reduce the country's beef processing by 7-9%.

https://www.5newsonline.com/article/money/business/tysons-mass-layoffs-tuesday-nebraska-texas/527-77817234-22ac-4b70-8f3e-8230fa8b2670

Heard 20%-30% cut this week to newly merged North Area for Network Ops/Eng. Can someone confirm????

anyone think there will be big cuts in marketing in HQ? Anyone hear anything?

Didn't hear about any cut in Jan and also given that had huge cut in 2025

Just wondering if anyone has any intel on exactly when the upcoming layoffs will occur?

Based on Jane’s recent announcement that the bar will be raised and “we will not be graded on effort”, will Citi be taking a Goldman approaching and simply cutting the lowest performers?

It’s hard to believe that memo can be released and still let go of workers with 1’s and 2’s for ratings….

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.