#headcountreduction

The article link posted here says a couple of hundred, but other comments here say up to 4,000. Wow! That’s quite a spread. I would think if it’s really in the thousands the company would have to mention it to the media?

A&O Shearman is streamlining operations. The firm is cutting business services roles in its London office. Approximately 20 positions are impacted. These cuts primarily affect IT, finance, and marketing teams. This follows previous headcount reductions in 2024.

London

https://abovethelaw.com/2026/05/more-post-merger-layoffs-come-to-ao-shearman/

Looks like they’ve done it again… kicking hard working people out :(

I'm so sorry for everyone already affected, especially those who badly needed to keep the job.

Multiple departments in retirement area. 100 plus most jobs are going to india to gcc.

Activist investor Ryan Cohen has proposed acquiring eBay Inc. He sharply criticized eBay's current operating structure and large workforce. Cohen stated that 11,500 employees do not make sense for an asset-light business. He plans aggressive cost-cutting and headcount reductions if his bid succeeds. This strategy aims to increase earnings and accelerate innovation.

https://www.benzinga.com/markets/equities/26/05/52311822/ebay-layoffs-looming-ryan-cohen-says-11500-headcount-doesnt-make-sense-fwor-asset-light-business

It may be a rumor, but 30K to 40K headcount may be reduced, along with consolidation of a few sites.

What is up with this NEW bonus structure. It will be impossible to hit any of the goals. If you do, it's a lousy payout. Head reduction on is way. That was the plan all along.

Assuming it will be in the SEC papers but trying to see what timing of the next round could be.

There are rumours Oracle wants to bring employee count between 80,000 and 100,000

Just heard the Org under Sinclair/Vlok facing layoff last week of May. Total about 20% of those working under Vlok.

Many of the conversations here focus on RTO, offshoring and site closures. Personally, I think those issues are small compared with what the firm is contemplating with AI adoption — but there’s hardly any discussion about it in this forum.

What have you noticed in your own team? Are you seeing “digital employees” doing meaningful work? Have vacancies been closed with AI cited as a reason? Have contractors or staff been let go with AI mentioned as a factor?

I’ve heard this is already happening in the engineering organisation, with the “fisherman lady” setting rather ambitious targets

The Culture Architects
“RV builds the narrative. You become the headcount reduction that funds it.

Check it out:

https://imgur.com/a/batman-robin-eKZocZp

The reality is that T has far more FTEs than the other guys. I totally get the need from an operating expense perspective to reduce headcount but the reality is the work still needs to get done. Having said, that contractors will be where the work ends up so there are still jobs out there, probably working for a company with a less toxic environment.

This is what we were told :
Sr leadership are moving toward consolidating developers into larger teams (minimum of 10-15 people) rather than smaller squads.
At the leadership level:

• VP-level Squad Leaders overseeing non-prioritized projects, small teams, or any L8 Individual Contributors are at risk of layoffs.
• Those who retain their positions may be reassigned to L7 Director roles and report to Engineering.
• For non-core business functions (Finance, HR, Marketing), we may see also reduced headcount to streamline operations and reduce fat.

Specifically:

• There can be an approximate 15% reduction in technology leadership positions (L7+)
• Non-leadership roles will see minimal reductions, but still possible
• Contractor contracts may not be extended
• Please be prepared for potential changes in your reporting structure.

Checked with claude, they may save $600 M per year ongoing basis if they get rid of 10 percent people.

They are paying double for Mainframe and Cloud. Also schwab is much leaner at just 35k employees.

They may want to hire talented developers who recently laid off from Amazon or Meta.

Does anyone have a rough idea of how many people were just laid off?

All this AI push to make Shell better is just lip service by so-called leaders wanting to save money with reduced headcount. Before long, there won’t be any employees to buy their products. It’s laughable that YL and his merry bunch of “leaders” think employees are stupid enough to believe it’s anything else.

So approximately 8 laid off in ITC and 1392 whq?
Better get to work ITC because those of us that are unfortunately left, who saw knowledge and skill get canned this week are not going to be carrying the workload for you like we have been the last few years.
Tech Leaders - When it’s time for your d-mb panicked questions, ask your chosen workforce at ITC who have zero connection to the biz and no passion for the company.

Learned of several layoffs today of Investigation reps in Minneapolis. Don’t know the full scope yet, but definitely a thinning of the herd

Some true RIF, some positioned as "remote roles no longer remote, take it or leave it". All areas of company affected.

OneCM sounds like the program may result in a reduction in the number of case managers and support colleagues needed.

200? 300 so far?

Since not enough of you volunteered to ensure that we can continue to receive SLT and EC level bonuses we are gong to let go the volunteers that we determine necessary and e have a separate list that we will be letting people go from. We will be reducing the total headcount by 15%

Don’t worry though we are seeing improved margins and orders coming in form customers. Are marketing efforts are starting to seeped up and take off and the future is bright for those whom are remaining

SD just told me that on May 7th there will be a RIF and it will be 10% across all markets and bands, AI driven. I will be out on sort term for 60 days and wanted to know if I will have a job to come back to. My SD said I am good but their will be a 10% RIF on May 7th and a few co-workers might not make it so not to be alarmed when I come back. Good luck all, and May the force be with you all!

I've heard so many different rumors that pieced together, it sounds massive. Anyone have anything more concrete?

I'm so burnt out that I'm ready to ask for a spot on the next list. The strategy of slashing headcount to boost profits and never looking back is not sustainable.

The comedian Joe Fenti has some great videos on LinkedIn that sound all too familiar. I am laughing as I die inside.

https://www.linkedin.com/posts/joe-fenti-362b232a0_way-to-raise-the-bar-deloitte-nice-activity-7453130676020695040-IzmT

Layoffs go into effect May 20, 2026.

Per Bloomberg News and confirmed.

Also, it’s closing 6,000 open roles.

The PGA Tour cut 56 full-time employees. This reduction impacts about four percent of its staff. These changes follow a $1.5 billion investment from Strategic Sports Group. A new CEO model is now in place. A shorter schedule and new markets are under consideration.

https://golfweek.usatoday.com/story/sports/golf/pga/2026/04/23/pga-tour-layoffs-2026-cuts-4-percent/89753519007/

The PGA Tour laid off 56 employees on Thursday. This represents about 4% of its global staff. The organization is undergoing a right-sizing for its new for-profit structure. FTI Consulting audited the tour and provided recommendations. The PGA Tour also will not fill 73 open roles.

https://www.sportsbusinessjournal.com/Articles/2026/04/23/pga-tour-lays-off-4-of-staff-amid-organizational-right-sizing/

Per latest Q1 filing, Intel has 78.5k employees. Another 3.5k layoffs on the way!

1400 at PHK is massive, majority in tech

At least for the 19,100 employees reduced since March 2025 according to Q1 2026 financial news release.

Congrats to those that remain on the increased value of your retained RSU and outlook.

buy a brother a beer?

In case you missed the earnings report, they have reduced staff by 3% and plan on aggressively reducing staff to be replaced by AI. They consider employees liablities not assets. I have tried and tried to get out but being middle aged is tough. The discrimination is real. I hope the younger generation leaves and doesn't deal with this BS. BTW the employees that are not coming into the office? Their bonuses were NOT impacted. This means they were effectually making more than the rest of us su-kers going in. Unreal.

IT&V’s town hall is scheduled the day before Tuesday… are they doing layoffs the day before??
What will the topics be?
My guesses:

• AI
• The need to reduce headcount
• AI
• Do more with less
• AI
• India
• AI

Lowe's Companies announced plans to cut 600 corporate and support roles nationwide. This reduction represents about one percent of its total workforce. The company aims to shift resources toward store operations and customer-facing employees. Many affected employees are based in Mooresville and Charlotte, North Carolina.

Mooresville, North Carolina

http://www.msn.com/en-us/money/companies/lowe-s-begins-layoffs-in-north-carolina-plans-600-job-cuts/ar-AA1WBcI5?apiversion=v2&domshim=1&noservercache=1&noservertelemetry=1&batchservertelemetry=1&renderwebcomponents=1&wcseo=1&bundles=feat-es2020-c

Senior Exec told me to look for role…
Anyone else hearing this?

Rumors are floating around that more layoffs will be at HQ. Especially in Data, Strategy, PMO and Engineering