#europe

https://finance.yahoo.com/news/eu-approves-450m-czech-support-100157348.html

As part of the cost savings, the layoffs are currently happening and some will commence next year.

After SA operations shutdown more EU subsidiaries (Cyprus, Greece, Ireland) will shutdown their operations as company management cares about their bonuses and their own interests.
Any thoughts on this?

https://techrights.org/n/2025/11/13/IBM_Layoffs_Seem_to_Have_Reached_Europe.shtml

We regret to inform you that this morning the company confirmed to us that a collective restructuring will indeed take place.
The information we have at this time is:
• Number of people affected: 171
• By entity:
• Oracle Ibérica: 103
• Madrid: 49
• Barcelona: 9
• Málaga: 45
• Oracle Global Services: 62
• Madrid: 19
• Barcelona: 31
• Málaga: 6
• Valencia: 6
• Oracle Sovereign: 6 (all from Madrid Castellana)
• By work center:
• Madrid: 74
• Barcelona: 40
• Málaga: 51
• Valencia: 6

When do we think they will close?

Also, is NA doing a package deal on some other European dog?

If notice period in my case is 2 months, does it mean they would put me on garden leave for those two months and pay the package afterwards?

Or would I receive the pay for those two months plus the package in one go?

Which areas are being hit in the US? People say Finance. Any others? This really feels never-ending. Good luck to everyone, and if you’re affected, I hope you find a better job very soon.

This is a passionate expression of frustration stemming from discussions with colleagues who have either been encouraged to seek new positions at SAP or are anxious about facing such a situation themselves, particularly within our European context.

A visit to the internal job portal reveals that most job postings seem to cater to specific individuals rather than genuinely opening opportunities for all. Common issues include unnecessary educational requirements, irrelevant experience criteria, location restrictions despite team distribution, and a requirement of very high German language skills or travel demands. It often appears that hiring managers have predetermined candidates in mind, using the recruitment process merely to appease the Betriebsrat, which leads to a cycle of favoritism and inflated salary increases for those already in the loop. This situation leaves little hope for our European colleagues who are being pushed to find new roles, as many of these misleading job ads will likely force them out of the company instead.

In my own area under MA, we've seen several individuals rapidly ascend the ranks or switch teams multiple times, often with significant salary boosts, highlighting the disparity in opportunities.

What can we do to improve this process for those facing job insecurity at SAP, especially when the available positions seem to favor personal connections over merit?

Any information on severence?

From summer 2026, new EU rules will come into force, introducing far-reaching changes in employers’ obligations regarding pay and pay transparency. The objective of Directive (EU) 2023/970 is to ensure effective equal pay for equal work and work of equal value, as well as to strengthen the transparency of recruitment and pay practices.

The upcoming rules raise a number of questions and practical challenges for employers, who should already start preparing now

You can thank Trump for this one - more jobs are moving back to the US. Expect big changes in 2026

According to HR sources, we expect another wave coming week in Europe. I don't have details on countries.

Are there any news of possible further lay off in Bratislava (slovakia)?

The previous thread is getting buried by new ones.
When will the layoffs be communicated? There's some conflicting info: next week, November, February. Collective layoff (ERE) or individual dismissals? Will there be differences based on the fiscal entitity?

Lots of layoffs today in US
EU to follow in next few weeks

Mostly affected are 60+ veterans

https://www.theportugalnews.com/news/2025-10-17/microsoft-portugal-laying-off-staff/903811

The so-called International Leadership Team will be firing 2/3 of the Geneva employees (about 40 peoples) over the next months, including all the Engineering team, as a restructuring of the EMEA activities. Ongoing and Future Engineering activities should be moved the Spain site and most likely heavily subcontracted.

When will the Work Councils announce the layoffs to employees?

Boeing is set to gain EU antitrust approval for its $4.7 billion acquisition of Spirit AeroSystems with remedies to address EU concerns expected to include sales of some of the latter's businesses, people with direct knowledge of the matter said.

https://www.reuters.com/world/eu-set-approve-with-conditions-boeings-47-billion-spirit-deal-sources-say-2025-10-07/

Layoffs in Spain were confirmed again today via an early morning email, following a pattern similar to the previous announcement. Thoughts are with all colleagues.

What's happening with the Pescara base ?

Spanish telecoms group Telefonica plans to lay off at least 6,000 employees across several units before the end of the year, newspaper Expansion reported on Monday, citing people familiar with the plans.

The total number of workers initially affected by the redundancy plan could rise to 7,000 out of a global workforce of around 100,000, the report added, although negotiations with unions tend to reduce such targets.

https://www.reuters.com/business/world-at-work/telefonica-plans-lay-off-6000-workers-this-year-expansion-reports-2025-10-06/

1,200 job cuts (~20% of the remaining workforce) announced yesterday at a European Forum meeting.
Head offices employees “offered”to move to production sites. Significant headcount reduction in GBCs at Prague (Czech Republic) and Budapest (Hungary), with jobs transferred to... Guess where? India, bingo.
This does not factor in possible sales/shutdown of chemical sites in the UK and Belgium.

1200 jobs cut in Europe. Brussels office closing. Moves to Antwerp and Prague.

200 job cuts in Prague, but taking in ~90 from Brussels.

Singapore office to close. Employees moving to refinery with cuts.

900 cuts at Imperial oil (all above-field, 350 from sites, rest from Calgary)
Calgary office closing, employees moved to Strathcona.

20% reduction in headcount in ExxonMobil Canada (separate from Imperial Oil)

Employees are our greatest asset*

• Provided we can pay them peanuts in developing nations

Look for the video on the Brussels page on the new workvivo thing.

Check out the Imperial board this weekend. Those poor guys are worried. Looks like consolidation of employee in either Sarina or Edmonton. Calgary shutting down.

And next week huge layoffs in Europe except London where they released puff piece about doubling jobs there ahead of this.

LONDON, Sept 10 — ExxonMobil expects the European Union to sign multi-decade US gas contracts under its pledge to buy billions of dollars of American energy, the Financial Times reported on Wednesday.

The EU in July pledged to buy US$750 billion of US energy by 2028 as part of a sweeping trade pact with Washington.

Exxon and the EU did not immediately respond to Reuters requests for comment.

Peter Clarke, senior vice president of Exxon’s liquefied natural gas business, told the FT that Europe’s expanding LNG infrastructure made it “logical” to commit to longer-term supply, noting

Exxon sells about 80 per cent of its LNG under such contracts.

Europe is now “the most important market” for US LNG exports, and the next step will be for the continent “to figure out how it supports long-term contracting,” the newspaper quoted him as saying.

The US supplied 50 per cent of the EU’s liquefied natural gas imports in 2024, along with 17 per cent of oil and 35 per cent of coal, according to Eurostat. Any expansion in energy trade is likely to center on LNG, with the US the world’s top exporter of the fuel.

“We have seen in the data quite a big increase in LNG imports to Europe, year on year, it’s up about 20 per cent,” Clarke told FT, adding that 55 per cent of the imports were from the United States. — Reuters

https://www.malaymail.com/news/money/2025/09/10/eu-set-to-lock-in-long-term-us-gas-deals-says-exxonmobil/190638

Probably in relation to the announcement of Uk and Belgium chemical assets sales (or shutdown). The European Work Council is summoned to a meeting at the end of the month. Generally, it's no good news.

I haven't seen/heard anything hitting EMEA just yet and its just a waiting game which is not ideal

Today's rumour is that oracle is taking to EWC mid September. Was not told who the source of the info is. Likely no action in EMEA until the end of the month or October then?
OP: @a4+1k4ca9jw4

I hope this doesn’t come across the wrong way — I’m genuinely curious to understand how conversations landed and the shifts this week. Which functions have been most affected, and if your title changed, what did that look like for you?

I’ve heard a little about individuals moving into a different FoP but not much beyond that, so just trying to get a clearer picture from your perspective before the meeting on the 10th

From a fellow EMEA colleague trying not to twiddle thumbs

Story by Fiona Craig

ExxonMobil (NYSE:XOM) is reportedly weighing the sale of its chemical production facilities in the United Kingdom and Belgium, as the European chemical industry faces mounting challenges from U.S. trade tariffs and competitive pressures from China, according to the Financial Times on Thursday.

Sources familiar with the matter told the publication that the U.S. energy company has initiated early talks with advisers in recent weeks about potential divestments, which could be valued at around $1 billion.

The move comes as European chemical manufacturers navigate a difficult market environment, contending with both American trade measures and increased competition from Chinese producers.

https://www.msn.com/en-us/money/markets/exxonmobil-considers-selling-european-chemical-plants-amid-sector-pressures

hey everyone! does anyone know if EMEA Apps will be impacted and what the timelines would be? I am sure that being in Europe it takes a bit more time to do the paperwork, but I am curious if anyone has any info. thanks!

Have layoffs started in EMEA for NetSuite?

Which departments are affected? Good luck to all of us.

We've all seen the headlines where there's thousands of US headcount being laid off, and some teams in Israel being impacted. But I haven't heard much if there are big HC cuts in China, India, Vietnam, Eastern Europe, Costa Rica, or other lower cost countries/GEOs? Anyone know if the HC cuts are also taking place elsewhere? Or is this the old sleight of hand trick where they fire 5K US employees... but hire back 3K in Asia/Low Cost GEOs?