Below are all the posts — topics as well as replies — that mention the hashtag #downsizing.
Mention #downsizing in your post to continue the discussion!
General Motors is laying off about 1,700 workers across manufacturing sites in Michigan and Ohio, as the auto giant adjusts to slowing demand for electric vehicles.
https://apnews.com/article/gm-layoffs-ev-battery-plants-30792ad41c5148fb5528a2d0bcc0b59b
they are silently reducing people and giving out severance packages already. More to come. Before you ask me how I know. Go to your outlook and lookup “usrifsupport@thomsonreuters.com”. Then ask me again how I know and why I would be d-mb enough to tell you all. Not fear mongering but all I’m saying is just apply and keep your resume updated just in case because this isn’t TR specific and all organizations are downsizing due to AI.
For those of you too young to remember, he's the basic history of Corporate layoffs in America that all started with the government mandated breakup of the AT&T Bell System telephone monopoly on January 1, 1984 ("Divestiture" of AT&T's local Telephone Operating Companies, including Bell Atlantic).
AT&T Information Systems (IS) layoffs started in January 1984 that impacted ~25,000 employees with literally dozens of major rounds of cutbacks at AT&T following well into the 2000's. When it first began to happen it was literally a feeling of disbelief by not only by AT&T employees and their families, who were used to the benevolent Bell System ("Ma Bell") work culture, but also by Americans at large who couldn't fully grasp that the "contract" of employment for life was over at major companies. IBM soon followed suite and once they did the floodgates opened up on mass corporate layoffs which soon became commonplace and continue to this day.
do you think he can,and how?any insight
General Motors has scheduled 1,140 employees for permanent layoffs effective Jan. 5 at its Factory Zero site in Detroit. The list includes hundreds of assembly operators and is "due to production schedule adjustment required to adapt to slower near-term EV adoption," the company said in a notice to state of Michigan officials.
https://www.cbsnews.com/detroit/news/general-motors-permanent-layoffs-factory-zero-detroit/
From here, it’s only going down. Everything is changing so fast, and we’re nowhere near keeping up. If you’re smart, you’re already hunting for a new opportunity, because waiting around is just going to mean going down with this ship. At this point, it’s not a question of if it sinks, but when, and being proactive is the only way to have any control over what happens next.
No announced LR, but it seems like there are personnel that are getting cut across different groups and divisions this month. Does anyone one else notice the headcount reductions? If so, what groups, divisions, etc. are getting targeted?
It was a privilege to host Bridget Engle, in Charlotte for a deep dive into our technology strategy and execution.
I was incredibly proud to see our teams demonstrate how they are turning that strategy into reality. From Al-driven (All Indian Driven) automation to engineering next-generation payment platforms, the focus was squarely on impact - delivering powerful, secure solutions that create real-world value for our customers.
These sessions are vital. They connect our enterprise vision directly to the teams on the ground and reinforce our shared commitment to solving complex problems that will advance the future of finance.
At Wells Fargo, we are dedicated to leading that charge. It's our people who are making it happen.
This company is on a death spiral.
Can they cut 13k people in a single day?
They are coming from every direction right now. This is nuts. Not a great way to do this in my opinion.
Anyone hearing anything?
Target will be laying off 2,000 more employees due to the decline in store sales because they sell perverted GLBT themed merchandize and promote weird unnatural trans ideology.
I thought DII was going to be our bread and butter for monitoring, They cut half the team today. I believe other orgs were also impacted.
More contractors to be cut in San Jose soon.
The number of regions is changing. Management will be downsized accordingly.
Don't ask "how do they expect [any function] to continue?". They don't. Verizon will look completely different very quickly and your job, if you still have one, is going to change. Whether it's a sale, merger, or complete dismantling, the old phone company is no more.
So much for jobs coming back to the US. Mid and entry level jobs are disappearing by the tens of thousands and the trend is accelerating thanks to enhanced AI and its adoption across the jobs universe. Finance, law, entertainment are all in its crosshairs and the only people benefitting are those who can afford to play in the stock market. It’s time to rethink what’s happening around us.
Just think, this round of Verizon layoffs have nothing to do with Artifcial Intelligence. Once AI and its resulting streamlining of required human resources takes hold at Verizon the possibilities for recurring downsizing are highly likely.
May be time for VZ'ers to seriously start looking for a more trade based occupation.
What is happening with this layoff cycle? Very highly skilled employees were gone. It feels this has become another Vmware.
Are we getting prepared for a takeover just like how Broadcom destroyed Vmwareand laid off 19 THOUNSANDS employees?
We are getting squeezed by new small startups due to corporate failures.
https://cloudinfra.blog/transparency-lost-the-rise-of-confusing-bundles-and-hidden-costs-in-virtualization/
Verizon to cut 15,000 jobs as new CEO restructures company
Verizonplans to convert 180 of its company-owned stores to franchises as part of its downsizing efforts. This move is included in a larger strategy that involves cutting approximately 15,000 jobs, representing about 15% of its workforce.
Many managers and lower positions being cut. All over the glove.
It is more than 15K if Retail is IN ADDITION to the 15K Corp layoffs
Quite a few today.
Nobody on my team, but that means nothing. We were already running bare bones. Good luck to everyone. I feel like cr-p every time we go through this.
Anyone know if this department has been through the downsizing yet?
“Aggressively sunset or exit legacy businesses”
Timestamp: 0:19:06 to 0:20:17
“While we narrow our focus to invest in key growth areas, we will also aggressively sunset or exit legacy businesses where we don't see a clear path to profitable market leadership. We have a large opportunity to unleash meaningful margin improvement by doing so, and we will talk about this in more detail in January.”
“Divest and exit legacy businesses”
Timestamp: 0:28:31 to 0:29:35
“We’re going to do a hard look at portfolio rationalization and divest and exit legacy businesses where we don’t see a clear path to profitability.”
“Simpler, leaner, scrappier business” and “aggressively reducing our entire cost base”
Timestamp: 0:17:56 to 0:19:06
“We will be a simpler, leaner, and scrappier business. This work is overdue and will be multi-year and an ongoing way of life for us… We will fund these investments by aggressively reducing our entire cost base.”
“Portfolio optimization”
Timestamp: 0:43:32 to 0:44:19
“We have parts of our business that are costing us billions of dollars of margin, and I think we can think much more clearly about how do we invest in growth areas and divest or exit those that are not that for us. We'll spend more time on that in January…”
“Everything is on the table for us”
Tony Skiadas CFO – Timestamp: 0:46:32 to 0:47:12
“We're looking at everything, and everything is on the table for us. It also entails being very efficient with our capital spend.”
Source:
https://finance.yahoo.com/quote/VZ/earnings/VZ-Q3-2025-earnings_call-364743.html
I thought more layoffs were coming in November?
It’s not gonna stop. Tough working for a shrinking poor long term company.
Congo Brands, the parent company of Prime Hydration (co-founded by Logan Paul) and Alani Nu, is laying off 155 employees in North Texas by the end of 2025. The job cuts follow a $1.65 billion acquisition of Alani Nu by Celsius Holdings, finalized in April 2025.
Most of the affected workers are remote or field-based employees in Texas, including over 40 regional sales representatives and 26 account or marketing sales staff. The layoffs begin December 31 and come with no union representation or transfer (“bumping”) rights.
Alani Nu, known for its influencer marketing and fitness-focused energy drinks, has grown rapidly but now faces restructuring amid industry consolidation. The layoffs reflect broader corporate downsizing trends across the U.S. beverage sector in 2025, particularly in sales and marketing roles.
I'm curious if anyone has any thoughts on the latest RTO development, at least in the U.S. where an announcement was made this week of selling a couple of the buildings in Greenville, but re-stating the RTO of 4 days per week. This seems odd to me, in that I don't see how you can force more people into significantly less space? In addition, I understand there will be no dedicated desks, making this objective even more complicated. Anyone have any insight?
does anyone remember the epayments cto who was completely unhinged and not exactly competent. he was truly the beginning of the end
Layoffs in the United States exceeded 1 million in a single year during several periods, notably during the following years leading to a recession, except for 2020 due to Covid. US companies see the storm coming next year and are preparing for it by tightening the belt.
Barclays GTIS layoffs occurred on 11/5 in Whippany,NJ. I'm not entirely sure how many Collegues were impacted but a Network team engaged working on the same project was severely downsized.
It seems like the Barclays grim reaper trims staff every year despite the financial state of the Bank which reported very strong 3Q25 earnings this week.
As always wish those effected much success in quickly landing another professional position to their liking.
The only thing left for them to do is cut some more. There’s no turning this sh-tshow of a company toward the future.
Who is most at risk of being laid off? Is it based on salary typically or what is the criteria?
MPs were the first to go this week. Maybe this means no more markets??