#jobsecurity

Cisco is so obvious when layoffs are coming, no invite for beat or beyond the numbers yet. It su-ks, and I wish we had more of an understanding of who gets cut. What grade levels ?

Not being cut, just moved. That's the sad truth.

Take the buy out and get peace of mind or wait it out? Trying to understand the wait it out option better

They’re terminating employees who are not performing well. Was just told that a coworker is losing their job by the end of the year.
Anyone else?

Has anyone heard anything regarding layoffs in HQ Corporate Comms yet?

Even if you aren't happy with your job at DXC, having a paycheck right now is something to appreciate. Finding a new position is much, much harder than you might expect.

AI will not create more jobs. The temp hiring of resources is solely to build out the AI infustucture for the company. You are being moved to infinite because your services and expertise is only needed temporarily and they don't wantvto pay you a severance or unemployment when they let you go. Bottomline have a backup plan.

Initial unemployment claims just hit 194,000, near a 57-year low, but employers added only 29,000 jobs in Sept. Companies aren't laying people off in large numbers, but they're barely hiring either. Only two states showed meaningful job growth last month. If you have a job, you're probably staying put. If you're unemployed or trying to switch companies, good luck finding anything decent. This might actually be worse than a traditional downturn for job seekers because there are so few openings and nobody knows when hiring will pick up.

https://finance.yahoo.com/economy/articles/layoffs-near-57-low-why-132710835.html

I feel that being a contractor at Comcast might actually be better than being an FTE, especially given the recent layoffs. I’m not sure why Comcast is laying off full-time employees while retaining contractors. It makes me wonder whether contractors currently have better job security than FTEs.

Executives have done a great job destroying employees in HC10 countries. Everyone has zero confidence in the management and worries constantly about losing their job to India and being unfairly PIPd before reaching retirement age.

Of those laid off - was it 100% of your team so that you’d have to reapply for your jobs?

I’m looking for a job in dynamic (read constantly shifting priorities and moving goalposts), fast paced environment (read where everyone is constantly running around like chickens with their heads cut off). Job security and honest, competent bosses are not a priority for me. Can you hook me up?

For those who have already been impacted- did your whole team get let go? Did anyone make it through? Maybe it’s that we all have to apply for a reduced number of jobs?

Or is everyone just taking the paycheck until they get a package?

eBay and Netflix are implementing substantial layoffs impacting over 450 workers in the Bay Area. eBay is cutting 229 positions at its San Jose headquarters, with these reductions taking effect immediately. Netflix is reducing its workforce by approximately 1,000 employees companywide, with 227 of those cuts occurring at its Los Gatos headquarters. These job reductions at both companies have been officially classified as permanent.

https://www.kron4.com/news/technology-ai/ebay-and-netflix-layoffs-to-impact-over-450-bay-area-workers/

Global financial institution Barclays is eliminating 5,000 positions as it integrates artificial intelligence into its operations. This move represents approximately 5% of its total global workforce. Concurrently, Australian bank Westpac is also reducing its staff by around 250 roles this month. Westpac attributes these job losses to evolving investment priorities and changing customer needs, not AI implementation. These announcements follow similar large-scale layoffs at other major Australian banks like NAB.

https://www.nine.com.au/world-news/global-bank-slashes-5000-jobs-layoffs-continue-at-aussie-lenders-20261023-p617z3.html

Volvo Cars is implementing significant job cuts, eliminating 2,500 positions worldwide to address mounting financial pressures. The automaker is also targeting substantial savings from indirect and variable costs by the end of 2027. These measures come as the company faces weaker demand, increased competition, and a substantial third-quarter loss. Revenue in China has also seen a sharp decline, contributing to the company's financial challenges. This follows a previous round of job reductions announced in 2025.

https://www.storyboard18.com/brand-marketing/volvo-cars-layoffs-automaker-to-cut-2500-jobs-worldwide-113237.htm

A snack company based in New Jersey is closing its plant in Conover. This closure will result in 92 employees losing their jobs. The company also plans to shut down a facility in Pennsylvania in December. The article does not provide further details on the reasons for these closures. The impact on the snack company's overall operations is not specified.

Conover, North Carolina

https://www.bizjournals.com/charlotte/news/2026/10/22/layoffs-our-home-snacks-conover-catawba-county.html

In my daily New Jobs for You Alert there are around 20 Dir, Sr Dir, ED H roles listed. Any one know what that is about? Are those roles that impacted employees now need to battle for a position?
Just seemed odd....

Am senior software engineer. 2 months severance.

Faculty at Commonwealth University are urging administration and state officials to halt planned layoffs. The university faces a significant recurring deficit, potentially leading to the dismissal of up to 175 employees. While initial estimates suggested 75 faculty layoffs, union representatives report that around 114 notices are being issued. Professors express concerns about the impact on academic programs and local communities. The faculty union is requesting emergency state funding and collaborative discussions to find alternative solutions.

https://radio.wpsu.org/2026-10-22/commonwealth-university-faculty-call-on-administration-state-lawmakers-to-prevent-planned-layoffs

TikTok significantly increased its Bellevue workforce to 2,200 employees in 2025, a 30% rise from the previous year. This growth occurred despite two rounds of layoffs impacting approximately 140 local employees, primarily from the TikTok Shop division. The company has also consolidated its office space, moving into Lincoln Square North while reducing its footprint at Key Center. This expansion solidifies TikTok as a major employer in downtown Bellevue, even as other tech companies in the area have announced job reductions. The company continues to post numerous open positions, suggesting further growth in its Bellevue operations.

Bellevue, Washington

https://downtownbellevue.com/2026/10/22/tiktok-bellevue-workforce-2200-employees/

For anyone early in their career, I'd seriously consider other options before settling in here. A job should help you develop, not leave you feeling worn down and stuck. I've seen the enthusiasm people start with disappear over time. There are many, many other places where your ambition might be put to better use.

Goldman Sachs economists forecast that artificial intelligence could displace approximately one in eleven workers in the U.S. This displacement is expected to accelerate during economic slowdowns rather than immediate recessions. Historical data shows that automation-related job losses are cyclical, intensifying when the economy weakens. Companies tend to restructure and reduce labor costs during downturns, a pattern observed across decades of technological shifts. Therefore, significant AI-driven layoffs are anticipated to coincide with future recessions.

New York, NY

https://fortune.com/2026/10/22/goldman-sachs-forecast-how-many-jobs-lost-to-ai-9-percent/

The number of Americans filing new claims for unemployment benefits dropped to near 57-year lows last week amid low layoffs, ‘suggesting’ a modest pickup in job growth in October after September's underwhelming performance. However, the reality is, it is very difficult for many to switch jobs. Especially those of us looking to escape BNY. These labor department stats suggest that everyone is working. Thing is, what kind of ‘jobs’ are these? Govt jobs, part time jobs shouldn’t count. There is a huge difference between a professional career job versus working delivery at Amazon or Dominoes pizza. I’ve been actively looking to get a new position for 2 years now and have had 4 interviews.

Mars Global Services is laying off 55 employees at its Newark facility. These job reductions are scheduled to occur on January 31, 2027. The company is closing its Newark location in December 2027. Mars will continue operations at its Hackettstown site. This follows a previous layoff affecting 307 employees.

Newark, New Jersey

https://www.nj.com/business/2026/10/candy-giant-to-lay-off-55-more-nj-employees.html

People assume a big company like 3M offers a secure career, but one assessment can put everything at risk. You are almost guaranteed to have better luck finding stability somewhere else.

I’m okay with finding out I lost my job, if that means I’ll be able to finally move on and stop stressing over it all the time. The wait is horrible and I know many others feel the same way. Let us move on, one way or another.

Barclays plans to eliminate approximately 5,000 jobs by the end of 2026 to reduce operating costs. This significant workforce reduction is part of a broader strategy to streamline operations and leverage technology. The majority of these cuts will affect support functions, including software development roles. The announcement coincided with the bank's third-quarter financial results, which showed increased profit but missed market expectations. These measures reflect a growing trend among financial institutions to enhance efficiency amid economic uncertainty.

London, England

https://www.firstpost.com/tech/barclays-layoffs-bank-plans-to-cut-5000-jobs-by-year-end-to-reduce-costs-14054576.html

Kaiser Permanente is implementing permanent layoffs affecting 161 workers across California. These workforce reductions are scheduled to take effect in November and December. The affected positions include various radiologic technologists, leading to potential delays in patient services. The healthcare giant filed multiple WARN notices detailing the scope of these layoffs. This move signifies a significant reduction in staff for the organization.

Oakland, California

https://www.healthcarefinancenews.com/news/kaiser-layoff-more-150-workers-december-11

Electronic Arts is shutting down the BioWare development studio. The company will also lay off approximately 400 employees. This represents about 3% of its total workforce. The layoffs include around 50 positions at BioWare. BioWare is known for its roleplaying game franchises.

Redwood City, California

https://www.bloomberg.com/news/articles/2026-10-21/electronic-arts-to-cut-400-jobs-shut-down-bioware

if you think you are safe, No.
you have better chance finding a job in the same career path while you are at the job now, not after getting laid-off.

For those who were let go in one of the last rounds, how long did it take you to find a new job? Are any of you hitting a wall?

People talk about unstable employment at Comcast as if the company only recently started treating workers this way. The shift away from long term careers started a long time ago, and we’re talking decades here. What we're seeing now didn't come out of nowhere. It's been building for a long time. It’s only getting more prominent so more people are noticing it.

Vale Base Metals has confirmed organizational changes resulting in job cuts at its Sudbury operations. These reductions primarily impacted management and non-unionized positions. The company stated the changes were to align its workforce with operational needs. While approximately 100 positions are reported to be affected, Vale has not officially disclosed the exact number of layoffs. Unionized workers were not impacted by these recent cuts.

Sudbury, Ontario

https://stlawyers.ca/blog-news/vale-job-cuts-sudbury-october-2026/

San Francisco's Board of Supervisors has approved a new labor agreement with city unions. This deal grants permanent civil service employees job security through June 2029. The agreement also includes a 12 percent wage increase over four years for over 22,000 workers. While some non-permanent staff are excluded from layoff protection, they will still receive the pay raise. This pact aims to foster labor peace following past threats of strikes and layoffs.

San Francisco, California

https://missionlocal.org/2026/10/san-francisco-labor-unions-deal/

I noticed there is a massive layoff for MiniMed employees. So many talented people dropped. At the same time - a bunch of their jobs have been advertised.

It doesn't make sense. Surely keeping them on is the smarter choice. You have to train new people on the MDI and pump system.

Confederation College is preparing for additional faculty layoffs, according to the Ontario Public Service Employees Union. The union states that at least five percent more teaching staff will be let go. This follows the suspension of several programs earlier in the year. The college has not commented on specific staffing matters. Union representatives are seeking clarity on the reasons for these reductions.

Thunder Bay, Ontario

https://www.nwonewswatch.com/local-news/further-college-layoffs-imminent-union-says-12912155

Flutter Entertainment is implementing significant job cuts, eliminating up to 1,400 positions within its UK and Ireland operations. This decision stems from a substantial increase in British gaming taxes, which have drastically altered the financial landscape of the regulated betting industry. The company stated that these reductions are necessary to restructure the business and adapt to the new economic realities. These layoffs represent nearly 16% of the workforce in the affected regions. Flutter anticipates that this restructuring will incur costs between $80 million and $90 million in the fourth quarter of 2026.

https://www.reuters.com/business/world-at-work/betting-giant-flutter-cut-up-1400-jobs-2026-10-20/