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In dificult times like these...(Long read)

I am reminded that we each have a little Karl Marx in us. For someone who is far from a Marx fan, let alone apologist, something inside kinda understands his view point.

How could I not in a world where there will soon be a trillionaire, and we are hearing news that the economy grew 4.3% in a country where months even years go on without adequate employment. For some, being unemployed in a so called best country in the world is hard to grasp, especially if you are able bodied, and willing and want to work.

If you are in precarious situation like so many, where variables that allow for adequate employment such as skills, right training/education, and employers willing to add to their personnel are lacking, news that GDP and the economy growing appear to be a mirage.

This is not whining, but rather a desperate realization that this is the new reality setting in. For so many we have to contend with the fact that sitting in an office, engaging in PI planning sessions, sizing stories, pushing code through production is going to be a thing of the past.

The hiring in today's job environment is happening in areas that people in third world countries would laugh at. I'm talking about jobs that would barely help you pay your mortgage. Jobs that sooner or later will have you dip into your retirement accounts out of desperation because savings have eroded.

I wonder if Karl Marx knew how to count to one trillion. Because as the great book says, those who have abundance will have abundance aplenty, and those who have no two pennies to rub together will continue to have nothing. So many of us are in this last group.


Over 200,000 federal jobs have been lost in Trump's first year in office

Just before Election Day 2025, the U.S. federal government employed approximately 2.3 million people. By the end of the year, it is expected to have shed approximately 213,000 jobs, according to the Partnership for Public Service.

https://www.msn.com/en-us/money/companies/over-200-000-federal-jobs-have-been-lost-in-trump-s-first-year-in-office/ar-AA1T3pvX


CRG National Sales

I understand that they laid off employees in October and they encouraged them to reapply for their positions. Does anyone have information on how many were let go and how many have been brought back? I've heard they were considering external candidates because those who were let go were unofficially not meeting expectations. Is there any truth to this?


I’m having a great time because I was laid off

I thought I would fall off a cliff when it happened, but instead I’ve never felt so unburdened. It wasn’t just the relief after all that anticipation, but also realizing how much I actually hated my job and how completely I had lost perspective on what matters while constantly being on edge in a small, toxic team. I just hope I don’t reach a point a year from now where I feel awful and am still jobless.


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


Honestly, I'm grateful to work here

I've worked at a few other banks, and I have to say, this is the best place I've been. It's not perfect, there are real issues, but it's a good job compared to many others. That's exactly why I worry so much about layoffs. I don't want to lose this spot, and I'm truly thankful I still have it.


Sad xmas

I can’t sleep after being laid off by digi-wreck a few months back and not finding anything to replace my job. I could not buy gifts this year for my kids and we are all scared.. I tried to apply for fast food, retail, and construction jobs until I find something in IT and they said I was over qualified. We will keep trying. Please don’t forget those of us that were laid off and those that will be losing their jobs next year. It is really sad and very real. I wish they had just told us there was a high possibility of lay offs in advance so we could have searched before the layoffs happened but they didn’t trust their teams . My family does wish you all happiness this holiday season.


Well... It's industry-wide

This year’s job market has taken a hit across industries, as higher retail costs led to weaker consumer demand and concerns continued to mount over how artificial intelligence will affect future job creation.

Looking closer at the U.S. Department of Labor’s most recent jobs report in November, the overall economy created 64,000 jobs last month, while unemployment rose to 4.6 percent its highest level since September 2021.

As for footwear, some companies were not so fortunate this year, having to resort to saving their bottom lines by cutting staff. As FN looks back on the year, here are the seven biggest footwear layoffs of 2025.

  • Puma Eliminates 900 Positions After Q3 Results
    Puma said in October that it is planning to reduce its “white collar” workforce by 900 positions as part of its third quarter earnings release.

The reduction comes on top of 500 jobs cut in March and means the company will have slashed around 20 percent of its corporate workforce this year.

The cuts come as the German activewear firm blamed a strategic “reset” as it navigates “several company-specific challenges, including muted brand momentum, elevated inventory levels across the trade and low quality of distribution.”

Measures taken so far, including stock take backs and reduced promotional activity, impacted Puma’s performance in the third quarter, both at wholesale and in its own stores and online sales, the company explained.

  • Nike Makes a New Round of Corporate Layoffs
    In August, Nike disclosed a new round of layoffs, this time impacting its corporate team.

The move comes after president and chief executive officer Elliott Hill raised the possibility of layoffs in June during Nike’s earnings report for the fourth quarter of fiscal 2025.

Nike told Footwear News that 1 percent of its corporate employees will be let go. An email from the company’s leadership team informed employees of the realignment.

“Change can be difficult. It can also be what sharpens the edge, aligns the team and sets up the win,” the email, signed by Hill and members of the senior leadership team, said. “And the ‘W’ is ours to take, embracing an athlete mindset that leads with passion, commitment and determination.”

  • Vans Owner VF Corp. Has Rounds of Cuts
    In May, a VF Corp. representative affirmed the news that the company has made further job cuts. “Over the past few months, VF has been working to reorganize select commercial functions globally, as part of the company’s ongoing business turnaround,” the rep’s statement said.

The rep also noted that the reorganization has impacted approximately 400 employees globally, across VF’s brands and throughout the Americas, Europe, Asia regions.

The round of layoffs in May come a few months after VF announced further job cuts in new “reorganization” efforts back in January. At the time, the company did not confirm the total number of employees that were affected.

  • Adidas CEO Confirms Company Will Cut 500 ‘Obsolete’ Jobs
    Adidas chief executive officer Bjørn Gulden confirmed in March that the sports company will eliminate 500 roles.

On the company’s fourth quarter earnings call with analysts, Gulden said that these roles are “obsolete” after undergoing a strategic review to simplify operations at Adidas’ Herzogenaurach, Germany, headquarters. Adidas has around 62,000 employees around the globe, Gulden noted on the call.

This confirmation comes after an Adidas representative told FN in January that Adidas was looking into cutting jobs. The rep told FN that these cuts were are not part of a cost savings program but instead are aimed at “reducing complexity and ensure sustainable success in the future.”

  • Clarks Sheds Over 1,200 Jobs
    In July, Clarks revealed in a Companies House filing that it reduced its workforce by over 1,200 employees in fiscal 2024.

The filing noted that it ended fiscal 2024 with 6,161 employees, down from 7,413 in fiscal 2023. It also stated that approximately 220 of those eliminated roles were global corporate positions.

In a statement sent to FN in July, a Clarks representative said that 2024 was “a year of challenging market conditions which had an impact on global performance.”

  • UK Footwear Retailer Schuh Makes Cuts
    In January, Schuh managing director Colin Temple said in a statement that the UK-based footwear retailer would implement a new round of layoffs.

“At Schuh, our people have and always will be our most important asset,” Temple said in a statement sent to FN at the time. “Due to ongoing challenging economic conditions and rising costs, we have made the difficult decision to restructure our business. We are going through a voluntary redundancy process in some areas of business.”

While the exact number of employees affected by these cuts are unknown, Temple added that he will not be commenting any further “in the interest of respecting our employees during this time.”

REI Co-op Shutters Its Experiences Business After Nearly 40 Years
After nearly 40 years, REI Co-op shuttered its Experiences adventure travel business in January. With this move, 428 employees — including 180 people in full-time roles and 248 part-time guides — will be laid off.

“We have gone through many iterations and have explored multiple options to keep this business up and running to preserve jobs. We’ve held out as long as possible, but the fact remains that Experiences is an unprofitable business for the co-op, and we must adjust course,” REI chief executive officer Eric Artz said in a note to employees that was shared with FN.


VA workers brace for more bad news as job cuts continue days before Christmas

Some staff at the Department of Veterans Affairs are finding little to be merry about after the agency said it would eliminate tens of thousands of open, unfilled positions across the country as it looks to streamline its staffing.

https://www.aol.com/articles/hard-merry-va-workers-brace-161711484.html


Still looking after being laid off in the last round

Getting laid off made me realize how much time I poured into SAP, and now it feels like there’s nothing tangible to show for those years. Losing the job hurt, but losing momentum and watching skills stall or fade has been even worse, and every new ghosting after an interview just chips away a little more at whatever confidence I have left. It’s not fun on the outside.


Would I be safer from layoffs as a telecommuter or as an office employee?

I'm technically assigned to an office but never go in. About half of my team is assigned to an office and the other half are officially remote, but we all work from home every day. I'm thinking of asking my manager to switch me to a telecommuter in order to protect me from a potential upcoming RTO mandate, but I'm wondering if becoming a telecommuter would actually increase the chances that I get laid off.


It’s irrational in the current economy, but I want out

I’m beyond burnt out. I literally can’t stand coming to work anymore. Three years here have felt like ten at other companies in terms of exhaustion, energy drain, toxicity, and the headspin from constant gaslighting. I just can’t do it anymore. I’d rather risk being jobless than keep going. I just hope they pick me for layoffs. If not, I’ll quit. Hats off to the veterans - how have you endured here for so long and stayed sane?


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.


Treat your job as a lease.

Treat your job as a lease, not a mortgage nothing is guaranteed. You’re given a space to contribute, and in return, you receive compensation. I’ve been there nearly 30 years, and that’s how I’ve always approached my role. This mindset helps you keep your sanity, and when you’re no longer needed, you can pack up, move on, and find something new and challenging.


Why do I have a feeling this won’t be the end of the cuts?

“Streamlining” will make more jobs disappear. On top of that, macro conditions are only getting worse, so even solid plans would struggle, and the current one definitely isn’t all that great. Our jobs were never guaranteed, but they’re becoming even more uncertain now. I feel for the people who were let go this round. The rest of us should stay alert and prepare ourselves for what’s likely coming next.


Received a weird letter

Received a letter stating you are not required to relocate at this time but at some point in future your role will be filled in Dallas. Does this mean it is virtual forever or will I be let go at some point?

Anybody in this situation relocated to save your primary job, sell your home, sacrificing your spouse’s job and moved kids to Dallas?


SLC schools moved forward with $5 million in cuts, putting layoffs on the table

San Luis Coastal schools have approved substantial budget cuts totaling $5 million. This decision is directly setting the stage for impending layoffs within the district. The educational institution, located in San Luis, California, is facing significant financial restructuring. These budget reductions mean that job positions are at risk of being eliminated. Consequently, employees of San Luis Coastal schools can expect to be affected by these upcoming layoffs.

https://www.kcbx.org/education/2025-12-18/san-luis-coastal-schools-approve-5-million-in-budget-cuts-setting-stage-for-layoffs


Stuck between hating the job and needing it badly

Judging from my immediate surroundings, most people feel the same way. Fear makes us all trip over ourselves to perform, as if that’s somehow going to save our jobs. It’s a frigging trap. Every time I lost a job before, I regretted wasting so much energy trying to prove myself. And here I am, doing the same stupid thing all over again.


TR was the worst mistake of my career

Joined TR was promised growth opportunities. Came here and it’s nothing but chasing a carrot on a stick. Manager kept saying visibility etc but I felt like that was just an excuse to make me do more work. I have the work of a Lead but do not have the title or pay.

On top of this there is no internal mobility because guess what’s the cherry on top of the cake? They offshored 90 percent of jobs in my org for roles I’d consider because it’s cheaper! Thanks TR! Oh on top of this annual layoffs!


If you work here, consider yourself a target

Don’t think that hard work, good reviews, or even being chummy with your manager will save you. You’re a number on a spreadsheet. If you make more than your coworkers, well, bye bye. If you don’t want to be caught with your pants down, you better accept this as reality.


MW and friends are desperate and out of ideas

Chevron will continue to decline as long as the current crop of executive leaders are at the helm. They are simply out of ideas. The stock price has been moving sideways for years despite buybacks, cost cutting, acquisitions and divestitures, and layoffs. Our reserves impress nobody. Our projects still run over budget and over schedule. Exxon is eating our lunch.

The executives are desperate and all they can think to do is desperately flail at changing the window dressings and offshoring more work to cut costs, quality be damned and forget about increasing reserves or investing in exploration. They talk about AI hoping to ride some of that wave in the market but it’s just lip service at this point.

They forgot we’re an oil and gas company and now all of us peons have to pay the price for their lack of competent leadership and dereliction of duty. It’s going to get worse before it gets better - and it’s never going back to what it was. If you’ve got more than 5 years left in your career and have a decent alternative employment opportunity I’d highly recommend taking it.


I’m already panicking a bit

I got cut in this round. My wife could easily lose her job in the coming months too, as her company is heading into a major round of layoffs. I keep hearing and reading stories about people who haven’t been able to find another job for months, even a year. I’ve been looking into other options for a while now, and it’s been a deeply discouraging experience. I know panicking doesn’t help, but it’s hard to shake the feeling that the walls are closing in.


Nobody is safe

The estimate for 2025 is around 10K jobs cut in total. We can only assume WF will stay the course in 2026, or more likely, things will get even worse. Keep your resume updated and try to skill up in the meantime, though I’m not convinced skills even matter anymore, given how disproportionately WF has been letting go of skilled and competent people. Never take your eyes off job opportunities. The market is already tough, and it’s likely to get tougher.

We’re in for a rough ride, and we all need to think about ourselves and our families first. Every time you feel the urge to work more or harder, stop and think about better ways to use your time and energy. You can be jobless overnight anyway, and being a good worker bee won’t save you.


McKinsey Plots 1,000s of Job Cuts

Discussing a 10% workforce reduction in non-client-facing departments.

  • Whatever goes around comes around - "It's the kind of advice the firm might offer one of its clients, and comes after headcount exploded between 2012 (17,000) and today (40,000). " Enough said !!
  • "The advisory model is dying - consultancies would increasingly need to underwrite outcomes rather than bill hours" .. Duh !
    https://www.bloomberg.com/news/articles/2025-12-15/mckinsey-executives-plot-job-cuts-in-slowdown-for-consulting-industry

New hire anxieties

I joined Cigna just a few months ago, and I have learned that layoffs are a constant and there’s a new round always looming. I am worried that being one of the newest people puts me at the top of the list. Hoping someone can explain if this is the case or if I might actually be safe.