#cuts

Posts mentioning hashtag #cuts

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Unit Leaders are the problem.

Nothing more to add. It'll continue to get worse as long this is the case. We'll continue with cuts, 1% here and 2% there. If you look at what they are doing, we are destroying ourselves from inside. It's hubris, mismanagement, egos, lack of skills and common sense. Lack of emphaty and any concern for the employee.


End of year IPF Ranking sessions

How's everyone's sessions been going? Getting forced to give at least 5% lowers? Gonna be a fun message to deliver to whoever gets short end of stick even if you have a team of high performers, who probably are doing more after the recent cuts.

It's obvious Shell is just trying to increase the attrition rate beyond what the proper re-orgs are already doing.


State of the Economy: Recent Cuts

Looks like we are joining the list.
Not sure how big the number will be but this looks bad:

  1. UPS: 48,000 employees
  2. Amazon: 30,000 employees
  3. Intel: 24,000 employees
  4. Nestle: 16,000 employees
  5. Accenture: 11,000 employees
  6. Ford: 11,000 employees
  7. Novo Nordisk: 9,000 employees
  8. Microsoft: 7,000 employees
  9. PwC: 5,600 employees
  10. Salesforce: 4,000 employees
  11. Paramount: 2,000 employees
  12. Target: 1,800 employees
  13. A. Materials: 1,444 employees
  14. Kroger: 1,000 employees
  15. Meta: 600 employeesRetry

There'll be more cuts

Across corporate and in the stores too. This Christmas is going to be a flop. People are broke, some can’t even afford food, and plenty aren’t getting paid because of the government shutdown. With the prices up, expect spending to drop hard this holiday season. Mark my words, the results will be brutal, and we all know what comes next.


Sudden layoffs at Pottstown Hospital

Major cuts were announced at Tower Health on Friday and hundreds are now out of a job. The Health Network says the layoffs are due to what it calls financial challenges facing healthcare providers. Tower says expenses are increasing and they need to streamline services.

https://www.wfmz.com/news/area/berks/didnt-see-this-coming-nurses-express-shock-over-sudden-layoffs-and-closures-at-pottstown-hospital/article_9ea52465-1e23-4ef7-b0ac-4773f0416f94.html


RIF 950

While we don't know exact count, rumour and water cooler chats are a buzz about ~1k cuts at each location / BU.

Majority of these are are level 6,7,8, squad leads, scrum masters and few 4,5 to make it seem random "business strategy alignment"

Sick joke, FU Bob 🖕🏻


Interesting that there was a layoff this week

Man, Control Management was banged on.

I didn't believe it, but this site actually had legit info. I see approximately 270 were severanced this week. I say approximately because the total count of severees went up by that number compared to a week ago, but every 60 days names drop off the list so some could be excluded from the count. I didn't do a full name comparison.

Of course the "proof!!!!" posts will come. Look up D Jank and his tree. Looks like he alone lost 8. 270 is not a huge number by any means, but they keep carving away.


GTO to face 30% stateside reduction

Leaders have started meetings this week to address cutting resources, mostly onshore, before eoy to meet 2026 budget and mgcc staffing commitments.

On a similar topic, there continues to be odd conversations about consolidating into a single Cary building which would only be accomplished by more cuts and offshoring.

The future doesn’t look very good for those stateside.