#headcountreduction

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The Transformation Playbook: Shrink Headcount, Expand Offshore, Repeat

Headcount doesn’t usually “bleed out” overnight. The warning signs show up long before the announcement.

At BNY, the biggest red flags are already visible: headcount declining without major layoff announcements, growing hiring in lower‑cost hubs like India and Poland, jobs leaving without being backfilled, office consolidations, constant reorganizations, and leadership talking nonstop about efficiency, operating leverage, automation, and AI.

None of those things automatically mean layoffs, but when they all show up together, it usually means restructuring is already happening behind the scenes.

The pattern employees keep describing on this forum is simple and unavoidable: fewer people, more work shifted offshore, more automation, more role consolidation, and fewer opportunities for experienced U.S. workers.

By the time a formal layoff is announced, the process is often well underway. The strongest signal isn't a press release or WARN notice It's watching headcount quietly shrink while leadership continues talking about transformation, operating leverage, productivity, and efficiency gains.

Don't expect any public communications from BNY. In fact, the last publicly available U.S. WARN Notice was from the Jersey City location in January 2024 for only 62 positions. Leadership won't ever describe these as "layoffs" but as "outcomes of the business."

Looks like Leadership will continue to be force feed us a strict Word Salad Diet. The Transformation Playbook says so.


Fiserv cuts 3,000 employees and contractor jobs under new CEO

Nov 3 (Reuters) - Fiserv has cut its employee and contractor base by ​3,000 since June, including a ‌reduction of senior management by more than 10%.

https://www.reuters.com/business/world-at-work/fiserv-cuts-3000-employees-contractor-jobs-under-new-ceo-2026-11-03/


Gaming Industry Job Losses Surpass Previous Year

The video game industry has experienced a significant increase in job losses during 2026. As of October 20, over 10,977 jobs have been eliminated, surpassing the 9,197 recorded for all of 2025. This trend has also led to the closure of approximately 35 studios and layoffs at 161 others. Projections suggest that by the end of 2026, the total job losses could reach around 13,077. Despite these figures, the total is still expected to fall short of the record 15,631 job losses seen in 2024.

https://www.tweaktown.com/news/114442/games-industry-layoffs-hit-10977-in-2026-already-surpassing-all-of-2025-with-months-to-go/index.html


Texas Job Cuts Continue in October

Hundreds of Texans received layoff notices in October, impacting various industries across the state. Herzog Enterprises saw the largest reduction with 109 employees losing their jobs due to a contract change with CapMetro. Grunt Style is closing two Texas locations, affecting 28 workers, while Prover Partner Care Management is cutting 79 jobs in Austin. A national child welfare nonprofit is also closing its Arlington branch, resulting in 18 job losses. Despite these layoffs, state officials report overall job growth in Texas.

Texas

https://www.mysanantonio.com/news/local/article/mass-layoffs-texas-22485935.php


Netflix UK Production VP Exits Amid Layoffs

Streaming giant Netflix has recently implemented significant workforce reductions, impacting approximately 1,000 employees globally. Among those affected in the London office was Anna Mallett, the vice president of physical production for the U.K. and local-language content across EMEA. Her departure follows a broader trend of job cuts within the company, with the U.K. operations now seeing the effects. Mallett had been instrumental in overseeing productions for popular series and films during her tenure. This move comes as Netflix seeks to refine its operational execution in key markets.

London, England

https://www.hollywoodreporter.com/business/business-news/netflix-layoffs-uk-london-hit-anna-mallett-vp-production-1236745775/


Goodyear Plant Cuts 51 Jobs

Goodyear is laying off 51 employees at its Niagara Falls plant. This reduction is part of a larger plan to eliminate 85 positions across two chemical facilities. The company aims to complete these workforce adjustments by the end of 2027. This move signifies a significant restructuring for Goodyear's chemical operations. The affected plant is located in Niagara Falls.

Niagara Falls, New York

https://www.bizjournals.com/buffalo/news/2026/10/28/niagara-falls-goodyear-plant-51-layoffs.html


Schell Games Faces Second Staff Reduction

Schell Games has announced another round of significant layoffs, impacting a large portion of its workforce. This marks the second instance of staff reductions for the VR studio in 2026. The company cited challenging industry conditions as the reason for these cuts, aiming to ensure its long-term sustainability. This decision results in the departure of many talented developers. The studio previously underwent similar layoffs in August.

Pittsburgh, Pennsylvania

https://www.uploadvr.com/schell-games-lays-off-large-portion-of-staff/


Alaska Air Group Reduces Workforce

Alaska Air Group is implementing a reduction of 125 jobs in Washington as part of a larger effort to eliminate 200 positions across the company. These layoffs will affect nonunion, back-office employees, excluding pilots, flight attendants, and other operational staff. The company cited significant projected annual losses due to high fuel prices and geopolitical pressures as the reason for these cuts. Affected employees will continue to receive pay through the end of the year. This move is intended to help the company maintain competitiveness and focus resources on long-term strategic priorities.

Seattle, Washington

https://mynorthwest.com/local/alaska-air-group-washington/4292357


Layoff running totals based on Slack - Nov 2026

Tracking participants count #general Slack channel in Oracle One workspace, as the fastest available proxy indication of ongoing layoffs.

FY 2027

  • oct01-oct31: 2270 reductions, 785 additions, 142827 (-1485) end count
  • sep02-sep30: 7022 reductions, 1137 additions, 144312 (-5885) end count
  • aug01-sep01: 1899 reductions, 995 additions, 150197 (-904) end count
  • jul01-jul31: 2975 reductions, 1736 additions, 151101 (-1239) end count
  • jun01-jun30: 1723 reductions, 1299 additions, 152340 (-424) end count

FY 2026

  • may01-may31: 2271 reductions, 942 additions, 152764 (-1329) end count
  • apr01-apr30: 2286 reductions, 1583 additions, 154093 (-703) end count
  • mar01-mar31: 12446 reductions, 844 additions, 154796 (-11602) end count
  • feb01-feb28: 943 reductions, 1143 additions, 166398 (+200) end count
  • jan01-jan31: 1604 reductions, 1834 additions, 166198 (+230) end count
  • dec01-dec31: 1119 reductions, 844 additions, 165968 (-275) end count
  • nov01-nov30: 1614 reductions, 1310 additions, 166243 (-304) end count
  • oct01-oct31: 2498 reductions, 1768 additions, 166547 (-730) end count
  • sep02-sep30: 6380 reductions, 861 additions, 167277 (-5519) end count
  • aug14-sep01: 733 reductions (based on Slack very few data points), 172796 (-733) end count
  • aug01-aug14: ?2900 reductions in IDC (based on media reports), 173529 (-2900) end count

Limitations of these stats are covered in detail in comments.
I will post daily in comments on the count change and running current month total.

My public key used to prove identity: ssh-ed25519 AAAAC3NzaC1lZDI1NTE5AAAAIPh3BL62QOGXk95TzS980uSckZd1M5YPGqouR0iHWumB slack-stats


Scripps Cuts Jobs at Colorado TV Stations

E.W. Scripps has implemented significant layoffs across its Colorado television newsrooms, impacting at least three stations. The cuts primarily affect traditional newscast production and station operations roles. No on-air anchor or reporter positions were eliminated in Denver or Colorado Springs. These reductions are part of a broader companywide effort to adapt to changing news consumption habits. The company states it is focusing on preserving its commitment to audiences while evolving its reach.

https://coloradomedia.substack.com/p/layoffs-hit-colorado-tv-newsrooms-742


New Jersey Sees Over 400 Layoffs in Late October

Five additional companies have announced significant workforce reductions in New Jersey during the final weeks of October. These latest cuts, totaling over 400 positions, include notable reductions from Comcast, Conduent, True Food Kitchen, and Teva Pharmaceuticals. October's layoffs alone reached 868, pushing the year-to-date total for the state past 14,600. This surge in job losses highlights a challenging economic period for the region.

New Jersey

https://nj1015.com/new-jersey-layoffs-october-2026/


Alaska Air Cuts Hawaii Management Roles

Alaska Airlines is reducing its workforce by approximately 200 management positions nationwide. This includes eliminating 48 jobs in Hawaii due to increased operational expenses. The company cited rising fuel costs and a need to streamline management as primary reasons for the cuts. Affected employees will receive severance and transition support. These layoffs are separate from the acquisition of Hawaiian Holdings.

https://www.staradvertiser.com/2026/10/30/breaking-news/alaska-airlines-cutting-48-hawaii-jobs-citing-higher-fuel-costs/


Comcast Slashes Philadelphia Workforce

Comcast is implementing significant layoffs, impacting over 600 employees at its Philadelphia headquarters. This move is part of a broader cost-cutting strategy and a push towards artificial intelligence integration. The company has begun notifying affected staff, with the changes set to take effect by the end of the year. While these positions are being eliminated, Comcast plans to create over 1,100 new roles as part of its organizational redesign. These restructuring efforts aim to foster agility, accelerate innovation, and enhance competitiveness in a dynamic industry.

Philadelphia, Pennsylvania

https://www.inquirer.com/business/comcast/comcast-layoffs-warn-notice-philadelphia-ai-jobs-20261030.html


News Outlets?

Is anyone else feeling frustrated reading these news outlets? I know that the impact is far greater than what’s being reported. For instance, it’s being portrayed as if there were only about 1,000 layoffs, when in reality, it’s much more significant. Then, I come across an article stating that Comcast is hiring 1,100 new positions. So, are you suggesting that Comcast is hiring back more positions than they laid off?


Layoffs in Devices and Services Unit

Amazon.com cut about 250 jobs on Wednesday in its devices and services unit, mainly in software development, Reuters reported, after weeks of product launches including new Kindle e-readers and tablets.

https://finance.yahoo.com/markets/stocks/articles/amazon-extends-job-cuts-devices-201849113.html


The Restructuring Isn’t Over. Next steps.

This restructuring isn’t over. Notice how leadership announced names being moved around, but no actual plans for how teams will integrate, collaborate, or operate?

Round 1: Restructure leadership. Eliminate positions, flatten layers, and position the organization for the board.

Round 2: Consolidate teams. Why Q1? Year-end financials will be finalized, 2027 budgets and savings targets will be clearer, and leadership will have had time to identify overlapping roles. That could set the stage for another wave of cuts.

Round 3: Standardize and automate. Streamline processes, eliminate duplicative work, and build a leaner operating model with fewer people.

Watch Wall Street, not just internal communications. Earnings calls and investor meetings are where executives signal cost reductions, efficiencies, and margin targets. Those commitments create pressure to deliver, and headcount is often a lever!

By the time employees hear about the next round, Wall Street may already know the financial strategy behind it.