#headcountreduction

Does anyone know whether the target fixed cost reductions for headcount will be executed this year or in January?

I know a few people in the remaining UCC roles were let go today, or told their last day is Friday. Anyone here of any other departments affected?

Does anyone know how many case managers were laid off today?

Working in natgen IT currently

Has anyone heard of layoffs hitting Client Legal Services office?

Based on what a senior leaders spilled over 4000 were/are being let go from Wednesday to Friday. On par with the fall 2020 cuts plus some.

NatGen the biggest chunk and an entire site in India included.

They had to delay the cuts to add more heads to the block. This was supposed to happen in October and before the third quarter numbers being announced.

Another round in Q1 27.

I've heard that triple digit leaders numbers of leaders in casualty are gone.

If they really want to lower US headcount they'd get a little more creative. if they'd just bump me up/credit me the 10 years for the retiree medical. I'd take any EOI they'd offer. As is I'm 3 years years away and holding on for dear life.

Reliable sources say that Friday the 13th is shaping up to be a day of major layoffs. Lists have reportedly been finalized across several LOBs, with a 10% reduction expected this year and potentially more next year. Wishing everyone the best.

What a bloodbath. Was told over 4000 and closer to 5000 between NG and Allstate over the next three days.

Is this true?

Good luck!

Multiple sources internally report odd behavior in product team directors, VPs and upper middle management. Product and support teams are being asked to thoroughly document process and tool usage. Directors and managers are MIA for large portions of the working day. Upper managers are now playing politics now to fight for headcount and relevance while deciding which teams and employees will suffer next week.

More rumours suggest VPs and Directors are being told to further drive AI adoption in all teams, not just product and support, and remove backfills from the west workforce while creating new roles in Bengaluru. Their plan is to reduce the American workforce permanently in favor of cheaper labor that can leverage AI.

Employees with a remote or hybrid category are being targeted. Employees co-located to direct and middle management will be protected. Remote and hybrid roles will be targeted. Product, sales and support teams in the Americas will take the largest hits. The rumoured target is appr. 4% reduction in force.

All my team (5) and myself were RAed this week. Something fishy is going on in IBM...

Billions invested in infrastructure, but fewer people to maintain it. Apparently, the strategy is to build a bigger, more advanced network with a smaller workforce responsible for keeping it running. A network is only as reliable as the people behind it. You can cut headcount on a spreadsheet, but you can't spreadsheet your way through a network failure when the experience and manpower aren't there, We operate a 24x7x 365 bizz.

Reportedly this week's layoffs start today with impacts through Friday.

Since this company will likely try to be stealthy with the layoffs and not remotely transparent post areas impacted and potential numbers here as they are found out.

Whats final number lay offs in Yehud
Tali sent email its all done
Anyone know?

Pretty much all the contractors who work for BP have just been told. Will half the number of developers and leaves a pretty small amount of FTE staff.

Inside News - In india - majorly South indians employees are going to laid off!!

See this week

It’s happening. Huge cuts in Lake Mary. Mostly band 7. It’s going to be worse than last time from what my SD told me.

Good luck to all.

Came down today. Number affected unknown.

how was the layoffs who got laid off?

They want a larger reduction in US based head counts.
This is all about going global and call centers outsourced and for the average customer dealing with Mumbai or Philippines or Brazil regarding their 401k
High net worth might get a US based professional after leveling up a couple in the call center ladder.
Either way it says they know they’ve reached their zenith it’s all about hanging on in a hostile global economy.
The US citizen employees obsoleted and left out to dry.
The new normal.
These are the good old days.
Elections do have consequences check out X page. Truth in freedom

All your DOS’s saying that it isn’t going to replace your job. Go ahead and open copilot and ask it if it is going to replace you. Directly- no it will not. Indirectly yes, it will. It will scale how any man hours are really required per transaction. That is how it will “replace” you. It will allow AT&T to scale back on its retail footprint, converting ATTR to AR. Hilarious. Watch out for how it is measured. There will be KPI’s for it, don’t be fooled. It won’t directly replace you. It’s a measuring tool to identify if your location is actually needed. Have fun with the trainings and push back and ask what the intent of the measurement will be. They won’t know what to say.

Since most dfs sponsored employees will not map to a new Cof job role that sponsored employees, they are being sacrificed for year end.

“Since these employees will likely be impacted in March by the job role mappings, it makes sense to target them for calibrations. We need to protect our headcount’s as we aren’t getting any backfills approved”

https://fortune.com/topic/titans-and-disruptors-of-industry/?v=e0332418-bb1b-4544-91fc-214e5aa80bb4

Dan Schulman's take on cuts to headcount, no free phones, direction of AI and robots

Heads up. I have heard rumors of a massive layoff happening in the in mid November of around 400 people and then another on in the early part of 2027.

Anyone know how many were let go?

In Sales org. Probably mostly hitting marketing after the merger earlier this year. Never made any sense. Only point was to destroy marketing which they’ll now do. I’ve heard US and for once I’ve heard india is targeted too. Emea probably in the new year. Happy holidays from IBM.

Medline Industries is reducing its workforce by 304 employees. These layoffs are intended to streamline company operations. Most affected positions are in corporate roles. The company is also exiting its hospital bed business. This move comes as the business faces a recall.

Northfield, Illinois

https://www.chicagobusiness.com/health-care/ccb-medline-layoffs-homecare-beds-20261105/

Wells Fargo has announced further job cuts, impacting 173 positions in Iowa and Virginia. These layoffs are part of a larger trend at the financial institution, which has reduced its workforce by over 10,000 employees in the first nine months of 2026. The company's actions come despite reporting strong earnings and revenue growth in the third quarter. These reductions are aimed at streamlining operations and focusing on future growth areas. Wells Fargo will provide severance and transition assistance to affected employees.

https://www.thestreet.com/employment/wells-fargo-announces-more-layoffs-as-workforce-shrinks-by-over-10000

Another small round of layoffs again. It looks like they are laying off every quarter for the past 2 years.

Negotiations just started

20% headcount cut

Comcast is implementing workforce reductions across the nation due to declining customer numbers in its broadband and cable TV services. The company has filed a WARN notice detailing 82 layoffs in Livermore, California. These cuts include employees at vice president and director levels. The affected locations are part of a broader nationwide shift for the company.

Livermore, California

https://www.bizjournals.com/sanfrancisco/news/2026/11/05/sfbt-digest-thursday-comcast-layoffs-pleasanton.html

Northpointe Bank has announced significant permanent layoffs affecting 338 employees. These job reductions will impact staff across three of the bank's locations. The company's Grand Rapids headquarters and its 28th Street branch are among the affected sites. This decision marks a substantial workforce reduction for the financial institution. The exact reasons for these widespread layoffs were not detailed in the announcement.

Grand Rapids, Michigan

https://www.wzzm13.com/video/news/local/northpointe-bank-announces-permanent-layoffs-for-338-employees/69-df5e1a3c-e8f0-41c7-b328-cb30939545b7

Disney Entertainment Television is preparing for significant layoffs as part of a company-wide restructuring. Managers have been given targets for cost savings, with some aiming for a 20% reduction. These cuts are expected to be intertwined with a reorganization led by Chairman Debra OConnell, likely beginning in early 2027. The TV networks division is anticipated to be heavily impacted due to a strategic shift away from the declining linear TV business. This move follows previous reductions and a recent sale of a stake in A+E Global Media.

Burbank, California

https://deadline.com/2026/11/disney-tv-restructuring-speculation-layoffs-debra-oconnell-1237214926/