#jobsecurity

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I like my job

Or let me rephrased that, I used to really like my job, but now that has been overshadowed by constant layoffs with no end in sight. We had layoffs before, this is not new, but at least once the round was done, we knew it was done. How are we supposed to deal with the constant axe hanging over our heads?


630 - Jersey City

https://www.nj.com/business/2026/11/nj-bank-announces-more-layoffs-as-job-cuts-top-630-this-year.html

what people are reporting about layoffs:

  • layoffs in jersey city are scheduled between october 30 & jan 24, 2027.
  • employees affected by the latest round were notified last week.
  • JC getting hit repeatedly
  • layoffs depend more on the line of business than the office location.
  • addt'l cuts across multiple locations, including the west coast, but smaller layoffs (no media coverage)
  • warn notices show mostly jersey city cuts, with a smaller round in plano, texas.

so we continu cutting jobs despite reporting record $$$ results.

uncertainty continues.

peace out.


Verizon culture

I have been employed for over 20 years at VZ. The culture has changed and they don’t care about you. If you are worried about losing your job look outside. There are lots of jobs out there you just have to look! Or if you don’t care stay with Vz and spin the bottle and hope it doesn’t land on you. All the talent will leave and Vz will be left with the bottom of the barrel…..serve them right


Contractors here

I’ve heard some discussions about potential contract terminations and reductions in contractor positions by the end of this year. I wanted to reach out to understand whether there is any confirmed information regarding these changes. I would appreciate any clarification you can provide, as it would help me plan accordingly.


Stop and read this

Traditional white collar jobs are being transitioned to AI roles without the premium pay. They started by asking people to use AI for presentations, reports, notes but now they want people to use it to automate their job to eventually put themselves out of a job. Two issues here. Demand a pay raise NOW. Ask HR to adjust your salary to AI adjacent roles in the workforce


Well the mouse house

Is cutting 20% so I’d say that’s an ominous outlook for everyone
Really a u c k s when companies get that grossly wealthy on our backs and labor then greed out for top execs and then cry poor mouth to employees.
IBM used to never layoff they even had engineers pairing just to keep them on the payroll.
Long gone are those days of loyalty.
House of cards at the house of fidelity???
We shall see.


Holiday Layoffs on the Horizon? Rumors of Another Round of Cuts Nov 19th

Rumors circulating within N&T suggest another round of layoffs could be coming as soon as November 19, 2026. According to the rumors in the office, contractors are not currently expected to be affected.

The reasoning seems familiar: embrace AI, reduce costs, and improve shareholder value. Meanwhile, employees are left wondering whether their jobs will survive the next round of cuts.

There are also rumors of another round of workforce reductions beginning in Q1 2027.

At this point, it feels like an endless cycle of layoffs, with employees left wondering when the next round will come. What a wonderful holiday gift for the workforce. Unfortunately, for those who have to endure this uncertainty year after year, the constant stress, anxiety, and declining morale are becoming increasingly difficult to ignore.

Employee morale across the company seems to be at an all-time low. It's hard to stay motivated and focused on customers when the threat of another round of cuts is always hanging over your head.

We are at the constant threat of layoffs, it takes its toll. Morale, trust, and job security continue to deteriorate, and it's getting harder to see how this approach benefits anyone beyond the shareholders.


Next Round?

Anyone have knowledge if next round will take place during earnings week again? (If so, we're looking at the last week of January.)

I know next wave is supposed to be similar in size to July's. I've started to look for jobs now, but trying to better understand my timeline as not many companies hire in Nov/Dec.

They already destroyed my team, so I assume I'm gone in the next round.


Parks Canada Staff Face Significant Job Cuts

More than half of Parks Canada employees have received layoff warnings. This comes despite recent government encouragement for Canadians to visit national parks. The agency is implementing these measures due to budget constraints. The exact number of affected positions has not yet been specified. This situation creates uncertainty for park operations and visitor services.

Ottawa, Ontario

https://www.cp24.com/video/shows/2026/11/02/over-50-per-cent-of-parks-canada-workers-warned-about-incoming-layoffs/


If GP does get bought...what actually may happen?

Employee - Individual Contributor - Not based in the US - Do not have any stocks

What would actually happen to day to day if this happened?
How long would it take to go through?
Assume there would be cuts (when is there not)? I feel my area could be cut as AI seems to be taking over everything in this silly company.
Would a layoff be better now or post buying if it happens?
Is there any benefit of staying through this?


Don't let your experience become outdated

It's easy to get comfortable doing the same work year after year, especially when you already know your job inside out. The problem is employers aren't necessarily looking for the same skills they wanted a decade ago, which many who've been laid off in the last few rounds are finding out. Make time to learn new tools and keep an eye on what's changing in your field. Otherwise, you could find yourself at a disadvantage when you find yourself without a job (which we all know is always a possibility at Fiserv).


Jobs Offshore, Tax Credits Onshore, Profits Everywhere

The real issue isn't India, Poland, or visa holders. The real issue is transparency from elected politicians, government agencies (EEOC, Dept of Labor) and corporate accountability.

Companies like BNY can move work to lower-cost locations and call it "transformation," "modernization," or "talent strategy." Employees see something different: jobs moving offshore, more visa hires coming onshore, experienced workers disappearing, and very little public reporting that shows the true impact on the U.S. workforce.

Politics matters, but this isn't a Democrat-versus-Republican issue. Both parties have supported globalization, visa programs, and economic policies that help large employers stay competitive. Neither seems particularly interested in requiring companies to disclose how many U.S. jobs are being moved overseas versus how many are actually being created here.

BNY, like many large banks, benefits from visa pipelines. The company gains access to reasonably skilled resources, lower turnover, and workers whose immigration status is often tied to employer sponsorship. In some cases, recent F‑1/OPT and other visa-program participants may also offer payroll or tax advantages compared to hiring experienced domestic workers.

At the same time, state and local governments hand out tax credits and incentives for job creation. On paper, it looks like growth and investment. To many employees, it looks like experienced workers being replaced with lower-cost alternatives. Look at US sites in Pittsburgh, Jersey City, NYC, and Lake Mary.

That's why people keep asking the same questions and with good reason:

How many U.S. jobs were offshored?
How many experienced workers were replaced?
How many positions were filled through visa programs?
What tax incentives were received?
What is the long-term plan for U.S. careers?

Until government entities and companies like BNY start answering those questions honestly, employees will continue assuming the worst. From their perspective, the jobs keep disappearing while leadership keeps saying everything is going according to plan.


Don't wait until everyone else starts applying

Things look bad enough that I'm not comfortable assuming PayPal will recover. I'd rather prepare for a move now than be caught off guard later. Searching while you're still employed gives you more time to compare offers and choose carefully. Don't leave yourself scrambling if the situation gets worse.