#headcountreduction

Just got my letter today...looks like about 250 people in the Customer Engineering group got let go....

Hope you all find a soft landing spot.....

Not sure about other groups, but for Tech I don't think we've seen this many let go since Q4 2023

The financial technology firm Paypal is implementing significant workforce reductions. Over 2,000 employees will be impacted by these cuts. Additionally, the company plans to decrease its management roles by over a quarter. These measures are part of a broader restructuring effort. The exact reasons for these changes were not detailed.

https://www.tokenpost.com/news/business/41905

Microsoft is implementing voluntary exit plans to manage its large workforce in the age of AI. This strategy aims to encourage employees to leave and potentially reduce management positions that AI could perform. The company's stock performance has been strong, partly due to increased revenue per employee as headcount has decreased. Other tech giants like Meta are also cutting staff and investing in AI to boost efficiency. Experts predict further outright layoffs at Microsoft in the coming year.

Redmond, Washington

https://finance.yahoo.com/video/decoding-microsofts-ai-workforce-shake-up-are-more-layoffs-coming-140738828.html

The Northwest Arkansas Democrat-Gazette is implementing significant layoffs. Twenty-eight positions will be eliminated by the end of 2026. This reduction represents nearly 25% of the newspaper's total staff. Declining print revenue and the digital shift are cited as the primary causes. Affected employees will receive severance and assistance.

Fayetteville, Arkansas

https://www.5newsonline.com/article/money/business/northwest-arkansas-democrat-gazette-layoff-fired/527-0e4a7cab-e998-4216-bc98-a2e6b14e6e18

North Bay Regional Health Centre has issued layoff notices to 26 employees. This reduction is part of a plan to address a projected $14 million deficit. The Canadian Union of Public Employees confirmed the number of affected positions. Other unions also received layoff notices, but their numbers are not yet known. The hospital is also creating 12 new positions, resulting in a net loss of 14 jobs.

North Bay, Ontario

https://www.nugget.ca/news/hospital-employees-receive-layoff-notices/

People working on AI things at the bank say execs are discussing how many jobs they could replace before showing the agents can handle work across Wells Fargo’s older systems. Is your team testing agents on limited tasks first? What results are being measured before staffing decisions are made?

50 people in finance including VP, Directors, managers and analysts all laid off.

Health insurer Humana has recently implemented layoffs. The company did not disclose the exact number of employees affected. Specific roles eliminated were also not detailed. However, some reports indicate copywriter positions were among those cut. This comes as the company continues to hire for other positions.

Louisville, Kentucky

https://www.bizjournals.com/louisville/news/2026/10/26/humana-eliminates-some-positions.html

This is what I captured from replies to threads and relating to axing people:

• CMO: “9 years here. Got cut.” @a7+1m5hxt2v8
• CMO: A poster who says they received a layoff call estimates that close to 20% of the organization was affected. The percentage is unverified. @ab+1m5hxt2v8
• CMO: Another poster says they heard 80 people were affected. This may describe the same cuts as the 20% estimate. @cr+1m5gefdre
• TPM: “I am in TPM got the call this morning I am cut.” @b3+1m5hxt2v8
• VZ Connect: “level 6 - role eliminated; no pkg details yet.” @cn+1m5gefdre
• AI&D: a claim - most senior engineers under Nirmana were axed. Another reply calls the claim fake news. @OP+1m5jrq5ad
• Indirect-to-Business (I2B): a vague claim that all directors and about 34% of account managers were laid off. @OP+1m5kw11ep
• I2B: A reply gives a similar (but different figure): about 30% of account mgrs and 4 dirs. @c6+1m5kw11ep
• CXO: claim - all but one senior director were laid off; the post does not say when. @bn+1m5kw11ep

Major RVP scaling. Sounds like ESD and ESM conversations are happening now. If you have experienced or heard of any field sales impacts please share role & region. I would imagine frontline sales not hitting quota will follow. Wishing everyone the best.

Are they layoffs done ? How many people got laid off at your plant ? What kind of employees

Be smart. 15,000+ are getting cut this time.

Despite the commercial triumph of its latest title, Su---r Punch Productions has implemented layoffs. The studio, which developed the highly successful game, is reducing its workforce by 26 individuals. This decision comes after careful consideration of market challenges and future project needs. Leadership stated that staffing reductions were necessary for the studio's next endeavor. These cuts highlight the precarious nature of employment in the gaming industry, even for successful studios.

Redmond, Washington

https://kotaku.com/ghost-of-yotei-su---r-punch-productions-layoffs-playstation-sony-2000749787

Approx 60% cut. No severance details yet.

System Era Softworks has laid off over 30 developers this week. The studio cited underperformance of its new title, Starseeker: Astroneer Chronicles, at its Early Access launch as the reason for the cuts. This decision impacts the Starseeker team specifically, aiming to create a more sustainable development path. The studio acknowledged that this move goes against their core values of treating employees well. They expressed deep regret to all affected individuals.

Seattle, Washington

https://massivelyop.com/2026/10/25/astroneer-studio-system-era-softworks-lays-off-over-30-devs-after-starseekers-early-access-underperforms/

Netflix has implemented significant job cuts at its Los Angeles office. The company eliminated 267 positions across various departments. These roles included creative development and legal professionals. This action comes despite the company reporting strong quarterly revenue growth. The layoffs indicate a move towards operational streamlining.

Los Angeles, California

https://www.bizjournals.com/losangeles/news/2026/10/23/netflix-mass-layoff-sunset.html

Fiserv needs to same for Directors and above. We have so many.

You hear it here first

California Region Construction as previously known will now be managed out of HQ, but our VP of Construction & Engineering did not say anything about his position. Maybe 70% of the frontline construction NPM are gone after 12/31. All NPMs from some territories. For example, our team of 14, only 3 were not on this lay off call.

Q3 2026 Facility Shutdowns (330 total employees affected):
• Elk Grove, California: Converting plant closing (136 jobs)
• Barrington, New Jersey: Converting plant closing (133 jobs)
• Aurora, Illinois: Sheet plant closing (41 jobs)
• Richwood, Kentucky: Preprint operations ceasing (20 jobs)

Today Cigna layoffs happened undisclosed number of employees were let go

Abstract. A restructuring along the lines of the McKinsey span-of-control model would permit the organisation to eliminate managerial layers without reference to any single function. The principal requirement is that every leader directly manage no fewer than five reports. Leaders falling below this threshold, typically those managing two or three people, are expected to be removed, with their territories and teams absorbed into adjacent units and the associated headcount consolidated. The effects described herein are not confined to one function; they extend across Research and Development, Sciene and Technology, Key Account Management, Human Resources, and the Frito-Lay field organisation. The scheme is expected to proceed in stages, though the sequence and timing remain undisclosed.

1. Introduction
   The governing principle is simple. Any leader who does not manage five direct reports should expect their role to be discontinued. Territories and teams led by individuals with two or three reports will be absorbed, and the resulting heads redistributed accordingly.

2. Research and Development; Sales and Trade
   Managers and Directors across both R&D and S&T fall within scope. The consequences in these functions are expected to be severe.

3. Area Sales Managers (Beverage)
   A considerable number of exceptions were granted during the previous round. It is not anticipated that this leniency will recur. An ASM with two or three direct reports should regard their position as at risk, with those reports transferred to a neighbouring ASM.

4. Key Account Management
   Beverage KAMs are to be merged with their Frito-Lay counterparts, such that two roles become one. The depth of this consolidation is not yet known, and it may not be completed within the first year. Nothing, however, should be regarded as beyond possibility.

5. Directors and Senior Directors of Region
   A DOR or Senior DOR must carry a headcount of five or more; otherwise the span is to be merged. Major account responsibilities may be treated as exceptions, though any such role should expect to assume Frito-Lay accountability in addition.

6. Human Resources
   The function is expected to be largely withdrawn. The organisation’s preference for a self-service kiosk model is well established. The prevailing view at the most senior levels is that HR contributes little value and generates a disproportionate share of problems.

7. Frito-Lay
   This function may bear the greatest impact. Zone Directors, KAMs and TSMs are each expected to be substantially reduced. The beverage operating model appears to be regarded as the superior of the two.

8. Delivery and Merchandising
   It is reasonable to expect these functions eventually to converge into one, and subsequently to combine across Frito-Lay and Pepsi. No timetable has been indicated, though the logic is evident.

9. Sales Representatives
   The sales representative role is expected to be eliminated. The justification is observable by anyone willing to look: visit five stores at random on the journey home and assess what the Pepsi and Frito-Lay representatives have accomplished of their own accord. In a great many cases, the answer is very little. Execution of even a sold-in priority can no longer be relied upon.

10. Divestiture of Low-Profit Territory
    Territories of low profitability are expected to be sold to bottlers. The timing is unknown; however, Ramon referenced this on the earnings call, which indicates it is under active consideration.

11. Direct Store Delivery
    The future of DSD itself is likely under review. Every facet of the future business model should be considered open to change.

12. Conclusion
    We have described a restructuring in which span of control serves as the primary instrument of consolidation. Functions are merged where overlap exists, roles are removed where contribution is doubted, and territories are divested where returns are insufficient. The process is incremental, and its full extent is not yet visible. Those affected would do well to prepare accordingly.

May the odds forever be in your favour.

This is speculative conjecture generated from Rumors via this site, Reddit and Earnings commentary.

I am just a worker-bee, so curious to know how FLS and SLS are impacted by the Headcount reduction. Technical people like me always get NI and NSI, so the Supervisors ever get things like that? Just asking.

100s of posts on cuts at JPM, but what about people who resign or retire?

Are those positions actually getting filled or is management just spreading the work around and calling it efficiency? This comes across as a silent layoff.

Curious if anyone in CCB, CIB or tech has seen a backfill approved recently. Could this be how they're reducing headcount without announcing more layoffs?

Comcast Donated $7.5 Million for Donald Trump’s Lavish New White House Ballroom

https://variety.com/2026/tv/news/comcast-funding-trump-white-house-ballroom-1236913205/

The high-risk, high-cost Eliza project directly threatens BNY's expensive workforce with aggressive layoffs as RV faces intense pressure to protect operating margins. Because he cannot easily cut its multi-year, multi-billion-dollar AI infrastructure contracts, human capital represents the primary variable cost lever. If Eliza fails to smoothly transition from an expensive, high-maintenance experiment into a reliable utility, or conversely, if workers successfully train the platform to achieve full autonomy, RV will resort to swift, ruthless domestic headcount reductions and offshore remaining oversight to cheaper global hubs to offset rising tech expenses.

Well this next year will be fun rankings. Many US workers leaving and the headcount reducing meaning fewer spaces in O, E, and VG. Prepare for even more downward pressure in your rankings. The PIPs must continue!

Not sure about cuts in Jan... If true prety much all roles are vulnerable especially anything that can be automated or replaced by AI. The rumors also points to heavier outsourcing to multiple global hubs and a potential freeze on US hiring. OK, I can believe that...
It may be just grapevine talk, so I'm taking it with a grain of salt. But what really made me pause was how it came up. The context wasn't even supposed to be about job cuts; it was a conversation about someone interviewing for a VP role in NYC. They got a verbal salary offer and a projected start date, and then completely hit a brick wall just total radio silence while management suddenly decided to interview more candidates.
Someone else chimed in to say that the NYC offices have already been absolutely gutted by the workforce reductions earlier this year.
It makes me wonder if these two things are connected. Is leadership seriously still putting people through the ringer for US roles while drawing up blueprints for January cuts? Or are hiring managers just stuck in limbo, waiting on headcount approvals that are never going to come???????????????
Is anyone on the inside hearing anything concrete about January, particularly within Technology - Cards - Ops ? And are managers actually openly throwing around "AI" as a justification to slash headcount?

Outsourcing of all project managers in Burbank and east coast (ny/ct/fl/nc) including the woodlands. Huge layoff of major departments including all data centers will be all subcontracted. This is all due to voluntary early retirements. Speculating 500-2000 layoffs early 2027

RV has executed an aggressive labor overhaul, gambling that a mix of heavy offshoring, headcount reduction, and rapid AI automation can replace deep institutional knowledge without destabilizing operations. This approach has successfully optimized the short-term bottom line, but signs of friction raise the question: is this corporate strategy starting to fracture? Although this aggressive cost-restructuring has yielded spectacular short-term financial performance, industry observers are increasingly asking if this high-stakes gamble is sustainable.

Williams Sonoma secretly fired 1100 people on 9/23/26. Performance Analysts, Managers, Voice of the customer analysts etc. This was done because they want to transition the whole company to AI which includes customer service and chat. They publicly announced that 70% of all Otto (Chat Ai) interactions don’t go to human. That number is a flat out lie when it was actually more like 27%.

Lays offs are happening this week at Voya. Just heard from my peer that they were layed off and more to come on the retirement side.

Not sure if they will stagger things? Who will be affected first?

“We did some work last year and saw a substantial reduction in headcount, but quite frankly, there’s more to be had, and you’ll see us taking aggressive action there in the next 12-18 months as well”.

Buckle up. “Aggressive action”

Amazon has announced another round of 121 layoffs affecting workers in Washington state. These reductions span corporate roles in Bellevue and Seattle, as well as fulfillment positions at a Sumner warehouse. This latest filing adds to a significant number of job cuts the company has made since late 2025. The news comes as Amazon plans to significantly increase its capital expenditures, with a substantial portion dedicated to artificial intelligence infrastructure. This juxtaposition of job reductions and massive AI investment raises questions about the company's strategy.

Seattle, Washington

https://startupfortune.com/amazon-lays-off-121-more-washington-workers-as-its-ai-spending-hits-220-billion/

A federal contractor in Virginia is planning significant layoffs starting in December. Nearly 100 employees may be affected by these workforce reductions. This news comes as other Virginia businesses announce new ventures and programs. James Madison University is launching a new initiative to support recent graduates. The program offers free training and networking opportunities.

Arlington, VA

https://patch.com/virginia/across-va/fed-contractor-layoffs-new-arcade-bar-opens-marches-against-data-centers-va

Pharmaceutical giant Pfizer has announced significant job reductions at its Portage manufacturing facility. Approximately 150 employees will be affected by these layoffs. Company officials cited decreased production volumes due to lower demand for certain manufactured products as the primary reason for the cuts. This decision is part of a regular evaluation of their manufacturing network to align capacity with business needs. The company stated that these changes are not a reflection of employee performance.

Portage, Mich.

https://arcwestmichigan.com/news/local/pfizer-layoffs-portage-150-employees-lower-projected-demand-healthcare-medicine-community-kalamazoo-county-west-michigan

Two Michigan auto parts manufacturers and a health tech firm are implementing significant workforce reductions. Lear Corporation will close its Sterling Heights plant, leading to 67 job losses. Dakkota Integrated Systems is also shutting down its Lansing-area operation, impacting 67 employees. Additionally, UST HealthProof will lay off 53 workers at its Detroit office due to an operational transfer. These closures and layoffs collectively affect 187 positions across three Michigan counties.

https://www.detroitnews.com/story/business/2026/10/09/auto-suppliers-lear-dakkota-among-firms-cutting-jobs-in-michigan/92175929007/