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Any guesses to the total body count from today's massacre?

Former (as of 10 AM today) GAE - just wondering how many lost their jobs today. Serious questions need to be asked how the allegedly Best Network with Industry Leading 2025 quarterly results has dropped its stock price from $270 to $183 in 9 mo's. Good luck to all, I'm lucky & will retire as the package bridges me to age 65 & Medicare with good savings over 30 yrs at Vz. Such a shame and so far from the celebration of Q3 results - I guess $85B in '25, up from $81B in '24 and $78B in '23 just isnt enough??!!


Telecom equipment giant to cut 1,600 jobs in Sweden in push to cut costs

Ericsson has submitted a notice to the Swedish Public Employment Service and initiated negotiations with relevant trade unions, it said in the statement. “Approximately 1.600 positions could be impacted in Sweden. The Company has initiated negotiations with the relevant Swedish trade unions.”

https://www.msn.com/en-in/money/news/ericsson-layoffs-telecom-equipment-giant-to-cut-1-600-jobs-in-sweden-in-push-to-cut-costs/ar-AA1UfYQp


shell leaders have fake jobs

when gretchen, US chair left, her “responsibilities” went to the head of deepwater colette

now that Mike Curtin of AI group DTO is leaving, his “responsibilities” will go to SVP Kate Platanova. all this guy cancelled his retirement, took over Dan Jeavons job ousting him from the company in the process, then retired anyway less than a year later. what a weaselly tu-d, good riddance.

allen cockriel CISO leaves. his “responsibilities” go to owen o’,connel SVP and CIO IDT services and operations

these people’s jobs are fake as he-l if they can be picked up with no sweat by the other so called executives. this company is so full of fake jobs and it starts right at the top. but they are never the ones who get cut, they leave for an even better job or retire and we pay their way then simply don’t back backfill their fake roles

if i was a shareholder at a board meeting i would ask wael to fire more executives to fund his buybacks. its much cheaper and better optics than the workers layoffs of little people


Verizon is already backfilling jobs with contractors in Cary

Saw on LinkedIn two postings from contracting companies with job titles “Telcommunications Specialist” for Seneca Resources Company, LLC and “Network Management Operations Manager III” for Apex Systems.

The latter specifically mentions using tools such as VEC, 3 days a week in the office in Cary, contract to hire. “Manager” being a bit of a misnomer. The job description read like an engineer job, so I imagine they mean Engineer III. Pay range $41-48/hr.


Principal Applied Scientist

After so many layoffs, needing to go to market to fill the position of Principal Applied Scientist in Enterprise AI team is not a good look:

https://careers.chevron.com/en/job/houston/principal-applied-scientist-enterprise-ai/38138/90322089824

What happened to the robust pipeline of talent that was spruiked so enthusiastically by IT leaders only a few years ago? What happened to all the digital scholar wunderkinds who were going to change the company?

It looks especially bad after so many other high-profile departures from Chevron, especially in the IT and data segments.

And who in their right mind with those skills and located in the US would work for Chevron?

(I wonder if whoever lands the role will have to do a Skills Insights assessment, and whether they will be allowed to score above “fundamentals” with their lack of Chevron experience?)


Fullstack jobs

Can people who landed fullstack jobs outside this company share their preparation experience and how quickly were you able to land the job? Esp, when you hardly got any time to prepare during the job.


Layoffs at Mare Island Dry Dock in Vallejo

The town that the U.S. Navy built, then fractured when the base closed in 1996 -- Vallejo -- is about to be hit again with job and industry loss as the dry dock at the West Coast's oldest shipyard facility announced it will be undergoing major layoffs at Mare Island.

https://abc7news.com/post/mare-island-dry-dock-llc-vallejo-facing-layoffs-after-losing-large-us-coast-guard-contract/18339811/


Exxon to cut 2,000 jobs as oil sector workforce reductions accelerate - 20% less in 2025 compared to 2019

Kevin Crowley and Robert Tuttle

(Bloomberg) – ExxonMobil plans to cut about 2,000 jobs globally as the Texas oil company consolidates smaller offices into regional hubs as part of its long-term restructuring plan.

The reductions represent about 3% to 4% of Exxon’s global workforce and are part of the company’s ongoing efficiency drive, Chief Executive Officer Darren Woods said in an memo to employees Tuesday. Calgary-based Imperial Oil Ltd., which is nearly 70% owned by Exxon, announced Monday it is cutting 20% of its workforce.

Chevron Corp., ConocoPhillips and bp Plc are among major oil companies to have also announced thousands of job cuts in recent months as crude prices tumbled this year in response to increased supplies from OPEC and its allies. Exxon, however, has been on a major internal restructuring push since 2019 as Woods sought to simplify the company’s sprawling global footprint that came as a result of the merger with Mobil two decades ago.

Exxon is making “tough decisions” that build upon a years-long effort to improve competitiveness, Woods said in the memo. “The changes we’ve announced today will further strengthen our advantages and grow the gap with our competition, helping to keep us in the lead for decades to come,” he said.

Exxon declined to comment beyond the employee memo.

The regional hubs will focus on Exxon’s major growth initiatives such as oil in Guyana, liquefied natural gas along the Gulf Coast and trading globally. For example, the company recently announced plans to move employees from Brussels and Leatherhead, UK, to central London, where many of its traders are based.

Exxon had nine functional companies that operated relatively independently from one another when Woods took over in 2017, creating layers of bureaucracy and duplication of support services. The company now has three main divisions — production, refining and low-carbon — all of which share services like engineering, IT and project management.

The changes have helped Exxon cut $13.5 billion of annual costs since 2019, more than all other international oil majors combined, according to the company. It plans to increase this figure by 30% through the end of the decade.

Some savings have come through asset sales and workforce reductions, but Woods has said the changes also have led to better performance, such has improved maintenance of major facilities and better sharing of best practices between business units.

Exxon employed 61,000 people globally at the end of 2024, nearly 20% less than in 2019, according to the company’s annual filings. Imperial had 5,100 employees at the end of 2024.

https://worldoil.com/news/2025/9/30/exxon-to-cut-2-000-jobs-as-oil-sector-workforce-reductions-accelerate/?oly_enc_id=7798E9325367A8R


Thousands more jobs disappeared from telco and vendor workforces in 2025 as company bosses blamed AI for cuts.

2025 in review: Headcount on the slide
Thousands more jobs disappeared from telco and vendor workforces in 2025 as company bosses blamed AI for cuts.
https://www.lightreading.com/ai-machine-learning/2025-in-review-headcount-on-the-slide


Jobs at Fidelity

I have applied over 90 roles at Fidelity, not a single call for interview and it comes back as they are moving forward with other candidates. If the company and specially hiring manager has someone in their circle or known group member to hire why post it and wasting my time. I like Fidelity culture, benefits, despite of their low pay scale as their 401k, bonus and other things make up of that pay


Bad management is the root of it all

Instead of developing people or rewarding effort, they just keep piling on more responsibility and calling it “growth.” No new title, no raise, no acknowledgment. You end up doing the work of two jobs while being treated like you should be grateful for the opportunity.


From factories to fulfillment centers, more layoffs hit U.S. supply chains

  • Over 4,200 jobs are being cut nationwide across manufacturing, logistics, and transportation sectors, continuing a trend of industrial employment strain into 2026.
  • The layoffs impact diverse areas such as EV supply chains (e.g., Ford's 1,600 job cut at a battery plant pivoting away from EV production), food processing, trailer manufacturing, and warehousing.
  • These job losses are driven by structural shifts, including recalibrated EV demand, automation pullbacks, and prolonged market weakness, putting pressure on labor-intensive operations in the freight industry.

https://www.freightwaves.com/news/from-factories-to-fulfillment-centers-more-layoffs-hit-u-s-supply-chains


Is anyone actually willing to relocate?

Relocation is insanely costly these days, and the chances of keeping your job after uprooting yourself and your family are extremely low. It’s just another attrition tactic. Refusing to relocate plays into leadership’s hands, but going along with it is even more senseless.


Relo, RTO, and all other tactics are here to push us out

Preferably for free. They’ll keep setting conditions and requirements harder to meet, so we either quit or give them grounds to fire us. Make your decisions accordingly. I wouldn’t relocate for a job these days under any circumstances. I want to keep my job, and I need it, especially now when the job market is horrendous and the future is very volatile. But the cost of relocating, both material and social, can’t be justified for a job that doesn’t pay all that much and that you could lose the day after you move.


Auditor for coding pay. Layoffs?

I’m in coding and there is a coding auditor role open that I’m applying for. Can anyone share their pay amount if they are in this role. I am a coder for family practice at 36.53 (75k). I saw some posts about recent layoffs so not sure if that’s why this is open.

Thanks for anyone’s help.


Goldman Sachs says Layoff Announcements Are No Longer Viewed Positively by Markets

Recent research suggests equity markets are responding negatively to corporate layoff announcements, regardless of whether companies cite cost savings, AI-driven efficiency, or restructuring.

Firms announcing layoffs have underperformed the broader market and show weaker financial trends than peers, including higher debt and interest expense growth and slower profit growth. This has led investors to question whether layoffs reflect deeper operational pressures rather than productivity gains, even as broader corporate balance sheets remain relatively healthy

Read more here: https://www.marketwatch.com/story/wall-street-is-no-longer-rewarding-job-cut-announcements-goldman-analysis-finds-a60c87a4


Pepsi Layoffs: Here’s the Biggest Clue That Job Cuts Are Coming as PepsiCo Looks to ‘Right-Size’ Workforce

PepsiCo is reportedly preparing for job cuts, with layoffs potentially announced as soon as this week. A key indicator is the company's instruction for employees in some major North American offices, including its headquarters, to work from home. These potential changes follow a memorandum from PepsiCo outlining initiatives to enhance shareholder value, focusing on organic revenue growth, productivity savings, and improved operating margins. These strategic shifts are widely interpreted as a response to activist investor Elliott Investment Management's demands for cost reduction and operational efficiencies. While no official layoffs have been announced, PepsiCo executives have used the term "right-sizing the workforce," which often refers to job eliminations.

https://www.inc.com/fast-company-2/pepsi-layoffs-job-cuts-pepsico-right-size-workforce/91279159


What am I doing wrong?

I’ve done everything people tell you to do, kept my skills current, paid for a professional resume, stayed active with networking, and kept applying consistently, yet I’m still sitting here with no offers after more than six months. The interviews I did get felt positive, but then I got ghosted after later rounds, which makes the whole process feel even more discouraging. At this point I genuinely don’t know what else I’m supposed to change to turn interviews into an actual offer.


At Least 70% of IT Jobs to Shift Overseas soon Under GCC (Global Capability Center) Model

Sycamore is set to replicate the approach they used with Staples for Walgreens, establishing a Global Capability Center (GCC) and relocating over 70% IT jobs to India. TCS will be supporting this transition. Good Luck to those who are still with Walgreens!