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AI's Subtle Impact on UK Hiring

The Bank of England's latest report indicates that artificial intelligence has had a minimal effect on overall UK employment thus far. While AI adoption is not leading to significant layoffs, companies are becoming less likely to hire new staff or replace departing employees. This trend is expected to persist as AI-driven productivity gains continue to grow. Firms anticipate that a portion of these future gains will be realized through maintaining smaller workforces. This subtle shift in hiring practices may go unnoticed if only overall unemployment figures are monitored.

London, England

https://www.resultsense.com/news/2026-11-06-boe-ai-slowing-hiring-not-firing/


Qualcomm Restructuring Costs Soar

Qualcomm incurred $332 million in restructuring charges during its fiscal year 2026, a significant increase from $39 million the previous year. These costs were primarily attributed to severance payments as the company reshapes its business. The majority of these expenses occurred in the final quarter of the fiscal year. This financial disclosure coincides with plans for further workforce reductions following annual employee reviews. Despite these cuts, the company's overall employee count increased year-over-year.

San Diego, California

https://www.calcalistech.com/ctechnews/article/8x75ackbs


Q4 volumes & Q1 projections?

With the $1B+ restructuring and multi-tier flattening happening company-wide, does anyone have reliable estimates or data points on total headcount impacts for this Q4 wave?

Further, any Q1 projections for the scale of subsequent cuts / structural changes heading into the 2027 split?


10/29 layoffs

Tomorrow is a 100% guarantee that there is a RIF. It is absolutely occurring in OT and in H&C, it is also the largest headcount RIF of the year. There will be no more in calendar year 26. I am in OI leadership and it was a specific topic in our bi-monthly date with s-leaders.

Bumping from +1m6036mdx for info.


>$700M gross run-rate savings by year-end 2026 driven by:

  1. Simplified structure & alignment: Reduced headcount by >2,000; reduced managerial roles by more than 25%.
  2. Operational & portfolio optimization: Optimizing outside services; consolidating vendors; prioritizing countries for investment.
  3. Accelerated AI Adoption: AI chat agents now support customer service across 190 countries and 6 languages, resolving 24M+ contacts YTD.

More lost !!!

Ameriprise lost an additional 89 advisors and nearly $19 billion in client assets due to the acquisition of its partner, Comerica Bank, by Fifth Third Bank. While not a layoff, this institutional shift further slashed total advisor headcount.


KCC (Kroger Capability Center in India)

What do you think will be the scope, headcounts, etc. I personally think that it'll turn out to be bigger, in every sense, than most of us are expecting and I really do not see them having any bets as it relates to major technology investment in the USA. All of this is happening while most of large companies are reexamining use of H1Bs and offshore workforce. I honestly think that the USA should make a major push to onshore as much as possible as we saw what 2 decades of globalization and sending both manufacturing and service jobs overseas has brought. I do not like it and while it may fill pockets of execs and an occasional shareholder, it does damage to us as a society as well as a sovereign country.


What is PACE?

PACE is the codename for Nike's massive corporate restructuring and operating model overhaul, announced by CEO Elliott Hill. Stripped of corporate PR speak, it is a sweeping plan to slash costs, shrink headcount, and untangle years of sluggish bureaucracy.The initiative is built around four major structural shifts:Supply Chain Modernization: Upgrading technology and making their massive supply chain more flexible so they can get products to shelves and consumers much faster. Geographic Consolidation: Smashing Nike's regional structure down from four regions into three streamlined geographies (Americas; Asia Pacific & Greater China; and EMEA) to push decision-making closer to local markets. The Bengaluru Hub: Building a major new corporate and technical campus in Bengaluru, India, to tap into local talent and scale operations. Workforce Reductions: Cutting jobs and restructuring roles starting in 2027 to eliminate corporate bloat and free up billions of dollars to redirect into product innovation and marketing. In short, "Pace" is Nike acknowledging that its current corporate machinery is too slow and heavy, and using a heavy-handed restructuring to try to outrun its slumping sales and fierce new competition.


Coral Springs to BocaRaton FL - Site consolidation

BRiC looks great and has significant capacity. However, Coral Springs does not have the necessary headcount to support the consolidation.

With site consolidation in mind, are they gonna shut down Hunt Valley and Hagerstown and moving those resources to Florida? BH may not be able to accommodate them due to infrastructure and parking constraints.


Oracle Slack Numbers thread.

Let's bookmark this and have it as an evergreen thread. post numbers as you see them. we'll build a dashboard based on this:

Date #general Daily change
Sep 15 144,700 -1,949
Sep 14 146,649 -3,309
Sep 13 149,958 -52
Sep 12 150,010 -182
Sep 11 150,192 -6
Sep 10 150,198 +39
Sep 9 150,159 -17
Sep 8 150,176 +81
Sep 7 150,095 +52
Sep 6 150,043 +2
Sep 5 150,041 -193
Sep 4 150,234 +42
Sep 3 150,192 +18
Sep 2 150,174 -23
Sep 1 150,197 -

Is this correct?

Typically last RIF cycle is by 10/31. That gives the 60 days to carry current salaries and claim saving (reduction in headcount) going into 2027. (Minus any payouts that could carry over). Or if backfilled with offshore, then cost savings to account for going into 2027.

So if we make it through the next month, we're safe for the rest of the year? Is that correct?


Wall St up on AI enthusiasm but BNY down again…

So Robin the face of banking AI is seeing a 10% share price drop over the last 3 weeks despite being such a grandiose pioneer and spokesperson for AI. Meanwhile, the markets are all up on AI and so are other banks.
Are the lead weight lies finally bringing this down?
There are likely very angry calls from the warlord to the People’s team leadership to adjust headcount ….


Latest form 5500

Greetings. The latest 2025 5500 form has just come out. This tells you in general where IBM is headed
So 2025 medical participants for full time and part time workers for the USA = 46,188
The 2024 number = 50,667. So down 4,479 in one year

This equates to 2025 short term disability = 45,240
The 2024 short term disability = 49,586. So again down 4,346 year over year

The net of this is even with IBM buying USA SW companies they are still dropping 4,500 employees per year
REMEMBER this is a one year look back, so 2026 numbers are closing in on 40k USA employees


When does it end?

Many believe that the board/HY has a medium term headcount goal, a specific number to which they'd like to reduce the domestic internal employee numbers to. If so, what's your guess? I think it's around 120k. Basically two more years of downsizing. Sometime around 2030 the current regime bails with huge golden parachutes and a real team of executive leaders is brought in to grow the business.


New WFH Strucuture will be announced at SETH

Wanted to provide an update based on what was discussed in an executive meeting this week, given some of the questions that have been circulating.

Beginning in 2027 there may be one or two modest adjustments to headcount. These would be targeted and limited in scope rather than another broad reduction. Any changes would follow the usual planning and review process and would be communicated through leaders and the normal channels. Nothing is being finalized at this stage.

Separately, we are introducing a self directed team hybrid structure. Teams will have more flexibility to determine their own in office days based on the nature of the work and what the team needs to deliver. The baseline will be a minimum of three days in the office for most roles, with two days for IT so those teams can stay aligned with ENGINE. Individual teams will work through the details locally rather than having a single calendar applied across the company.

This approach is built on the FlexYes model that has been in place in the ABU Australian business unit. That experience showed that giving teams more ownership of their schedule can still support collaboration and delivery when there are clear minimums in place.

Further details will be shared with leaders as planning continues. In the meantime please continue working with your supervisor on current schedules and expectations.
Thank you.


Perpetual Cuts

Walgreens keeps cutting. who is actually doing the work now? When someone leaves your team, do they give you headcount for replacement just divide the work among everyone who is left? The later seems to be the case most of the time but I guess things are different within each group or in the store.


Layoffs today 9/16/2026

It's fuzzy... It looks like this is a bigger layoff hit that's being coordinated across multiple locations and groups.... NYC, Tampa & Florence, KY... tech, COO- teams, fixed-income/trading... no clear headcount... unsure on other groups too. it's fuzzy and awkward but it seems to be fairly big?


The “Flood” Gates Are Open

Hello Mid-Markets, get ready for next week. They are going to be cutting 18% of headcount including A.D and Directors. They will be consolidating areas to meet this need. They have made a supervisory headcount minimum of 10 persons. Good thing they kept your stock together award so it doesn’t vest when you get your walking papers.


Paypal Should Be Buying and Expanding

Why is Paypal not buying other companies? With the strong quarterly profit and $80B in assets, it has the firepower to acquire many companies in this economy. Current headcount is at the 2019 levels around 23,200. Subtract another 4k employees and you are near 2017 headcount level. Why are you pinching pennies when you should be expanding and taking market share.


MAC Services in St. Louis

What’s the latest on the MAC Services department in St. Louis? Is headcount growing or falling?

When I was a kid, my friends wanted to be race car drivers, astronauts, or doctors when they grew up. But I always wanted to be something like a Senior Specialist in MAC Services. Angling to get in on this department at some point, if it’s not too late, and hoping for some updates on reorgs, cuts, etc. Thanks for any info!