Below are all the posts — topics as well as replies — that mention the hashtag #cuts.
Mention #cuts in your post to continue the discussion!
AI Fleet said the layoffs were triggered by an 'unforeseeable' business disruption that left it unable to give the 60 days’ notice typically required under federal law.
https://www.statesman.com/business/article/ai-fleet-trucking-layoffs-austin-technology-21184715.php
Can anybody shed some light on rumored December cuts?
Fiserv will come back from this. I believe Fiserv will declare bankruptcy and will be broken apart and sold off.
Are contractors cut before FTEs? It would be weird to cut FTEs but keep contractors.
I have knowledge that in the midst of 200 stores being converted you will see the r2b space dissolved. I was in discussion that split compensation is a waste of money and that with the stores going indirect the biz customers who come in store will be directly called from a inside sales rep when they sign in, and converted with in store pickup. B2B space is safe and CE. Wish you R2B REPS LUCK!
How is it possible thar our organization added 4~5 headcount less than 12 months ago and we are now being told that layoffs are imminent. Makes no sense to me. You hire people to lay them off couple of months later.
Tracking participants count #general Slack channel in Oracle One workspace, as the fastest available proxy indication of ongoing layoffs.
Regions outside IDC and NA usually have a significant delay when laid off people are disconnected from Slack (e.g. 1 month in Pacific regions, perhaps longer in some EU countries), so this is a floor estimate with additions reflected immediately, but reductions lagging behind on average.
I will post daily in comments on the count change and running current month total while this post is still on the first page.
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First they look everyone who has active corrective actions such as PIPs, verbal, written, and final warnings and attendance issues.
Then they look at who on the team is rated as high potential, emerging talent, high professional, valued contributor, and low potential. Half you probably don’t know about these rating bc your supervisor is NOT obligated to inform you of this rating but you are given this rating each year.
Then they look at 2024 EOY rating such as developing, achieving, leading (the ratings your supervisor is required to disclose during your EOYs and mid years) as well as what you have been rated thus far for 2025.
Then they will go off historical performance and what your direct supervisor or AD has to say about you and their personal input.
They will not use any of this data at all if your position or location has been RIFd entirely. And therefore you are susceptible to still being let go if you are and have been a high performer.
Wish I could do a legit poll but I'll just ask. Are you worried/nervous because?
A. The company doesn't care and is just cutting anyone.
B. Im just not that busy so I can see why it would be me.
C. Leadership isnt communicating clearly on this RIF
D. Other
I pray only those that weren't working anyway get cut. The ones that are never on any calls, ignore emails, not on slack, you don't even know if they're working or on vacation. Somehow they always get away with it. Whatever that group of people's number is that's the number of employees vz should go down.
https://healthpoint.com/technology/why-is-unitedhealthcare-cutting-remote-monitoring-coverage/
I just found out that the cost for my mental health visits will double in 2026. WTF is the ELT thinking by slashing mental health benefits, especially at a time that employees need this most? MW and the rest of them will have bl00d on their hands if someone who is on the brink is pushed over in desperation, seeing care they desperately need.
Some in the room have adopted the attitude “just let me survive the Thursday cut and everything will be ok.”
Dan plainly stated “cost reductions will be a way of life for us here”. This is only the first wave. Don’t get comfortable even if you survive this first round. There absolutely will be more RIFs and/or VSPs in 2026 and beyond.
Not pessimistic, just facing realities of the times.
Some people might see that as a positive, but anyone who understands how crucial institutional knowledge is knows it’s a huge mistake to wipe out an entire generation of employees who helped build this company from scratch. The experience and history they carried cannot just be replaced overnight.
It wouldn’t shock me at all if people got cut just days before either holiday, which would be the cruelest timing imaginable.
It really could have been worse when you think about the numbers people were throwing around earlier, because there were plenty of conversations where folks talked about 20,000 cuts or even 29,000. I guess that makes 15,000 feel almost like the least awful version of the situation. Still bad, though.
T-Mo planning a 10%+ cut in force and is gunna use the VZ announcement as cover. We’ve being used!
Believe it or not. But the upcoming layoffs on november 20th is just the first round. The company is still planning to finish q4 sales strong, so they aren’t intending to hit front line workers hard at first. Expect the second round around late Q1 2026 5k-10k layoffs. These numbers will be determined by how the business has performed post the Nov cuts.
Dont get too complacent, this is just the way of life now in corporate america. With the age of AI & the current economy, cutting cost is the first prio to companies. Stay strong & work hard, everyone is replaceable & no one is entitled to having a job if you’re not contributing enough value.
I know more cuts are planned for 2026, but I’m asking specifically about this round. Have all impacted already been notified, or should we expect more layoffs early next week?
Many managers and lower positions being cut. All over the glove.
For the full year 2024, Verizon reported a consolidated net income of $17.5 billion, a 50.73% increase from 2023. Full-year 2024 earnings per share (EPS) were $4.14, compared to $2.75 for the full year 2023.
We can't make money..... so we must cut 15,000 more people...
18 Billion in profit just isn't enough!
No more anniversary recognition check. Still get the gift, for now.
Told by my friend ( band 5) that no one is out of the woods, even if they survive this round next week. They are cutting 25% across all levels now, later teams will be merged, projects will be discontinued and leftovers will be discarded possibly in Q2/Q3. Every one better start looking for oppurtunities outside.
And that we won't be ambushed by more cuts tomorrow or next week?
any information how many were laid off in PPD and when and if there’s a 2nd wave?
Whatever happened to make America great again??? 15k Vzw coworkers lives will change come next week. Corporate America greed wins again. I’m here refreshing this website to see if anything new comes up. I’m paranoid , I can’t sleep , what happened to the big tax break these corporations got from trump ?? That’s still not enough ???
A private university in Mercer County will lay off up to 40 full-time faculty members, slash salaries by 14% and make other cuts due to escalating financial problems, campus officials said.
https://www.nj.com/education/2025/11/nj-university-in-financial-crisis-will-lay-off-40-professors-cut-everyones-pay.html
My heart goes out to all who’ve been affected so far. Synopsys employee here, and it seems like Ansys folks have been hit especially hard, at least based on what we’d heard before this round. That’s really unfair, since I know quite a few people from that side who were skilled, dedicated, and genuinely great at what they did. I can only assume performance and experience weren’t major factors. Remember, these are corporate cost-cutting decisions. They almost never reflect our true professional value or potential.
Love the title
Pay for poor leadership decision
https://www.dailymail.co.uk/yourmoney/article-15288451/amp/verizon-job-cuts-customer-losses.html
Verizon shares rose about 1.7% on the news.
Thousands upon thousands of people are about to lose their livelihoods, and investors are rubbing their greedy little hands together, rejoicing at the news. Really tells you something about the state of the world we live in.
Verizon is cutting another 15,000 Employees, bringing their total down to about 85,000 — and you can bet your AASSS that AT&T will follow in their footsteps.
https://www.wsj.com/business/telecom/verizon-to-cut-about-15-000-jobs-87280c3c?
https://finance.yahoo.com/m/75f297fa-e15f-3cba-96f5-57abda5a2630/verizon-to-cut-about-15-000.html
The layoffs, the largest ever for the wireless carrier and impacting about 15% of its workforce, are set to take place in the next week.
The cuts are aimed at its non-union management ranks and will affect more than 20% of that workforce, the source said. Verizon also plans to transition around 180 corporate-owned retail stores into franchised operations, the source added
https://finance.yahoo.com/news/verizon-cut-15-000-jobs-160715206.html
Verizon to cut about 15,000 jobs, source says: (Reuters) -Verizon (VZ) is planning to cut about 15,000 jobs, a person familiar with the matter told Reuters on Thursday.
The layoffs, the largest ever for the wireless carrier and impacting about 15% of its workforce, are set to take place in the next week, the person said.
What is the percentage of layoff completed in this round? And is there another round coming?
https://www.hindustantimes.com/technology/microsoft-giving-gift-cards-to-users-not-switching-to-google-chrome-report-101763002826648.html
Rumored 750 cuts.
Two teammates we lost are both in their 50s. It could just be a coincidence, of course, but I have to say it wouldn't surprise me.
Great timing for the HOLIDAYS!
the layoff list is ready & waiting
it has been checked twice
yes ,,you & you & you.... are on that list
no greg is not on the list
& no the 75 vp's are not on the list
the list is coming to your location very soon
There were around 100 ppl let go from IT today.