#employeerelations

This must feel terrible for the ones recently let go due to ERP or layoffs.

Can't they wait for the holidays to be over

My entire team was cut after more than a decade with the company, and the way it was handled was brutal. I watched teammates vanish from slack one by one before anyone bothered to contact me. The call did not come until late in the afternoon, after hours of waiting and wondering. I envy those teams that got the news all at once, I wish that was us. The whole experience was a rough reminder of how little control we have during these decisions.

I was in a 2 months non-working notice, and my last day was October 28. I read previous posts and some indicated they had received their prorated bonus on final paycheck. My last paycheck did not have any bonus. Any suggestions on how to escalate this with the HR? My former manager is non responsive. Thanks!

So, now that the limitations have been lifted, now that we've started minting money, would it be possible for the execs to stop playing games with us and just pay severance pay for the roles they no longer need? They may as well stop to overwork us, make us work insane hours, play games and give us fake write ups just to make us quit. Sooo.... Pay severance and let's part ways.

Something I’ve found deeply unprofessional is leaders openly discussing possible layoffs and the decline of Target culture with a hint of glee. As if they perhaps enjoyed spreading bad news to encourage lower level employees to flee the sinking ship as they could hop onto the nearest lifeboat. My leaders have openly discussed Target’s problems while maintaining their careers for over a decade. One has to wonder if it’s become a strategy to keep their precious little corporate roles.

All to say: if you are worried, stay the course. Don’t leave without your paycheck and a cushion to plan your next step. Target is not the end all be all of anything. Having watched a man get the saddest multiple decade anniversary acknowledgement “party” followed by a layoff the next week… you won’t be missing out on much if you’re fighting over the last life preserver.

For the corporate people, has anyone else not received any communication from their manager/hr after the day they were laid off? I feel like HR should have hosted a Q&A or something. I am still doing tasks but it’s mostly crickets from upper management. I am still charging time to the project as I have not been told otherwise. I have also not been told to handover to others what I have been working on.

After 15 years at Verizon leading AI initiatives, I was swept up in the latest RIF which was ironic, given that one of my current projects was highlighted in Dan’s recent AI pitch.

I began transitioning responsibilities to a senior colleague, only to be told today that I should now train a new hire in India. Same title as mine, brought on last week, fresh out of a 2021 graduation, yet his resume reads like he mentored Sam Altman. Apparently, “worked exclusively with US companies in India” is the new definition of deep experience.

When I asked my Sr. Director for clarity, the response was : “This is out of my hands. More org and budget changes coming soon.”
Translation: brace yourself, the outsourcing wave is just beginning.

Let’s be clear, Verizon isn’t cutting costs by hiring “cheap labor.” as I see some oblivious people saying, these contracts start at $40 an hour and can climb past $60, often padded with fantasy resumes. The difference is they’re remote, from small towns where overhead is low, while Verizon keeps cashing in here in the US.

So don’t fall for the AI fairy tales or the “Verizon values” slogans. The reality is simple:We U.S. employees are being replaced, while our politicians & news outlets are busy with nonsense and the greedy companies keeps pocketing the profits.

I noticed that some of the people who were laid off ended up with different end dates, and I'm confused about how that works or what the reason behind it might be.

Procrastinators of layoff doom, here is a record of totals for Ford employees.

I will post the link again when the 2025 numbers are updated.

Let see how correct the predictors of large layoffs for 2025 actually were.

https://stockanalysis.com/stocks/f/employees/

I thought this guy Dan was about customer and employee first experience. Looks like my experience so far is sh-t. Makes me miss Hans

So ridiculous, toxic environment, years of dei hires with no experience, culture is like working at a buss terminal. HR & Labor Relations work together to sc--w you and make this job uncomfortable. Im still here for now but good luck to those laid off. Besides the paycheck what did you really accomplish.

PL here. If you are a legacy Schwab employee you need to know that you are getting sc--wed badly on your bonus. Your TDA colleagues (that are peers to you) have a much higher bonus percentage (5%+ more). When Schwab switched all legacy blue employees to the percentage based scale a few years back, they maintained status quo with whatever your bonus amount was at the time. The green employees who were already on a percentage based bonus at TDA got to keep their percentage level which means that ALL of them are getting more bonus than their peers on the blue side. Schwab should feel embarrassed and ashamed that they allowed a disgusting discrepancy like this to occur, but NOTHING has been done to correct it for years now. Take this for what it's worth, but Schwab really does not care about you.

Dead yet? Wondering how long the leadership can rest and vest doing nothing but errands for Uncle Hock. Lord knows nothing engineering related could have happened after I left the funhouse of mirrors that is bcom.

Anyone know what the criteria was to determine the automatic lists of people eligible for promotions this year?

I read that when Schwab wants you to quit they start write ups and the compliance team starts questioning your every move even if you are doing nothing wrong.

Eventually Schwab sits you down and asks you to resign or else they mark your licenses.

This feels like blackmail, how should one navigate through this situation and how should one answer probing questions from compliance and management?

Can someone please break it down for me the main differences between the 1st wave and the 2nd wave? It sounds like the 2nd wave has a longer transition period until April 1st while the 1st wave only had 30 days? Just trying to be mentally prepared for what the 3rd wave would look like. Thank you all for your inputs. This forum has been more helpful and informational than any leader(s) could be.

Who got there bonuses and cut and ran?

Anyone out there know how bad the layoffs will be on 12/18? Which locations?

CPC is this week, what is the drama from any who are attending?

it seems the actual CEO is absent from the EC committee, and she seems to only be present as a cheerleader, and absent from any meaningful actual leadership. Does the board make all the seemingly confusing decisions? is it made in a vacuum by Mason or Gibson? I'm genuinely confused as a a newer employee here...

Management supposedly just wants to see how long it takes employees to work a case, however, there are 35 (YES THIRTY-FIVE) different task codes to choose from, including lunch/breaks AND Other, in which a comment is required. Looks like every single minute of our day has to be accounted for. I am so done with this place! Not like we aren’t doing our work, just certain times of the month are busier than others but we always get our work done.

An email came out today stating that all Tampa employees will now require to go to the office 3 days per week (instead of 2 days) starting on January 20, 2026. I guess they want more people to leave on their own.

Is it true?

There is so much racism, hate and bigotry here. Can we stop this?

This forum used to be a source of (relevant) rumors, information and mutual support. It was great. Let us go back to this. Do not let trolls and id--ts ruin it.

it's confirmed that Vz India is going to see layoffs this coming week - Probably around 3rd or 4th Dec. A bunch of us are asked to WFH this week while the others aren't. FYI - When layoffs happened in 2017, the employees were shown the door the same day. Which group of people are getting laid off in this scenario?

I am a TPM and I work my as@ off in OCI... Late hours, weekends, etc. Now I am going to my 3th year without any raise and my boss keeping using excuses. I would like to know if this is only for TPM or if engineers and other managers faces the same issue.

The information and accuracy of the posts on this site have really deteriorated. The information on layoffs has been wrong as have most of the other predictions. Did we lose our insiders? Feels like most of the posts are not even employees just people spinning up stories.

It would make sense. The round on the 20th didn’t seem to hit 15K. If that’s true, good luck to everyone. I’m also not convinced this will be the last. I’ve kind of accepted that this whole job feels temporary at this point. I just can’t stress about it anymore, I don’t have the energy left.

Sad day today with Wexford office closing. Years of experience being thrown out the door. No matter the quality of training of new recruits it won’t replace the decades of experience. The clients will notice, but the bank won’t care.

Truly sympathizing with anyone who is getting their last regular paycheck 3 weeks from today. The first time I got laid off in 2022, this feeling caused true panic but was short lived. I found another role, and then was laid off for a 2nd time 2.5 years later. That first missed payday after the layoff was brutal. It all worked out, but I am thinking about anyone having to go through this. Exactly the reason why I despise VZ.

Has anyone heard if there will be layoffs in Dec '25 or in Jan '26?

Today marks the end of ExxonMobil's presence in France, with the change in control for all remaining assets owned by US major to North Atlantic. There will only remain a tiny commercial structure with less than 20 employees. Esso France is dead, long live North Atlantic Energies.
Rejoice! This is the end of all the corporate bullsh-t people had to swallow for years (and keep smiling as if they liked it), the end of decisions made from 30'000 ft with limited knowledge (if any) of the local context, the end of dysfunctional organisations, having to deal with the incompetence and carelessness of “service” centers supposed to support you, the end of underinvestment in industrial sites making them more and more challenging to operate etc. etc. You know what I’m talking about, don’t you?
To all those in the EM world facing the same prospect (i.e. being dumped by big mamma): DON’T BE AFRAID. There is a world outside the fence of the prisoners' camp... 😀

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.

Has anyone received there Pension?

While admitting there are so many that they don't want to say the number.

https://techrights.org/n/2025/11/28/Loads_of_IBM_Departures_So_Far_Today_Buy_Nothing_Day_IBM_Pays_P.shtml

What do current and former IBMers have to be grateful for ?
More layoffs (to come) and more jobs going to India on some flimsy pretext or the other.
And of course, Arvind getting more medals pinned on his chest from Modi for services to the Indian Republic. That is gratitude.