#layoff

I’ve heard 10% cut across the board on this site. Is that true or will some departments get hit more than others?

Any updates on freewheel layoffs? which teams/departments have been impacted?

With all the complaints on here about layoffs, reorganizations, morale, management and uncertainty, why are so many long-time employees still there? If another company offered you the exact same pay tomorrow, would you leave?

Is there more impending doom (layoffs) in the coming weeks? Of course it’s always on the horizon, but anything concrete like this most recent one. I know Frank’s favorite gift was a holiday cut to repay us for all of our hard work throughout the year, so I wonder if Takis plans to keep that tradition going.

Then wouldn't notifications be on 11/6?

Bloodbath ahead

Scary

Imagine ARC worked with you for 20 years, watched you take care of your significant other pass away, hire a new DR to deliver the layoff news ruining the new person's nervous system along the way. Then gaslighting like they didnt place you on the list. It happens. Go find new pasture, don't lose your mental health for this place.

We haven't even gotten over the last round. Are they really laying off thousands of people so soon? Does anyone know?

Layoff most Intel employees to earn billions of dollars for nothing
Cause the most stock price drop in a single day to earn billions of dollar for nothing

New data indicates Canadian small businesses are experiencing significant financial pressures due to rising costs and reduced consumer spending. Many businesses report shrinking profit margins and lost sales, impacting their ability to cover operational expenses. A substantial portion of owners state that faster access to sales payouts would greatly benefit their operations. Without sufficient cash flow, nearly a fifth of businesses anticipate cutbacks, including potential layoffs. These challenges highlight a growing need for accessible and timely financial solutions for small enterprises.

Toronto, Ontario

https://uk.finance.yahoo.com/news/adyen-data-reveals-canadian-small-130000310.html

Any news from insiders?

They have very good reason - Intel Israel workers fear layoffs

Lots of politics, corruption, and shady dealings. They show up every day to milk the cow and collect a paycheck at the end of the month.

https://www.ynetnews.com/business/article/ry4nwr4pzx?hl=en-US

Any idea how many people gone already?

20 confirmed so far.

Any news of impacts this week?

It’s time to save the INTU stock

Be prepared for the storm

Is it possible to redeem after layoff?

I can verify VP, Director, Manager, Supervisors, Finance, HR, Headend, Construction, Ulearn, Sales, Comcast Business Development, Fleet/Facilities, Customer Care, TSC, FTC, XOC, Tech Ops (Only Sups/Managers Limited markets) have been effected. Largest layoff we will never know the quantity with the numbers being padded by the employees hired in Chennai India Comcast Center.

There's a rumor circulating on Reddit that SAP is preparing another round of layoffs in Q4, (Mt Fuji). The posters claim this round will be larger than the previous one, with employees in highcost locations being the primary targets, although lower-cost locations could also be affected. Now this, can be a troll but given what I am seeing here on layoffs.com I am certain they are getting ready to do something.

Previous layoffs were typically announced around February earnings rather than at year-end so this makes me skeptical.

looks to be another 100ish+ roles. sales, ops, product, hr, it today.

I'm scheduled to start a new role at Microsoft in Ireland in two weeks, working on an AI-related project. Ive already signed my offer letter + contract.

With the recent voluntary buyout announcement and ongoing concerns about layoffs, I'm starting to wonder how secure my position really is. Is there a realistic chance of being laid off shortly after joining, or am I overthinking this?

Anyone at Microsoft have insight into how new hires are typically affected during layoffs?

Companies are increasingly using voluntary buyout programs as an alternative to traditional layoffs. While these programs can offer a more compassionate approach to reducing headcount, experts warn of a significant risk. The primary concern is that top-performing employees, with their strong skills and networks, are more likely to accept buyouts. This could lead to the departure of valuable talent, leaving the company with a less experienced workforce. HR professionals must consider this potential loss when implementing such strategies.

Redmond, Washington

https://www.hr-brew.com/stories/hr-risks-losing-top-performers-with-voluntary-buyout-programs

People Inc. is implementing a substantial layoff, impacting 195 employees across various locations. This marks the company's second significant round of job cuts within approximately a year. The majority of these reductions will affect staff at its New York headquarters and its remote workforce. Additionally, employees in Des Moines, Birmingham, Seattle, Los Angeles, and Bangalore will be affected. This decision was communicated via a memo from CEO Neil Vogel.

https://www.desmoinesregister.com/story/money/business/2026/10/29/people-inc-layoffs-des-moines-jobs/92495048007/

Des Moines, Iowa

I worked here for 29 years and had some medical issues and went on disability to try and get seizures under control. When I ended up being out for a year they fired me. I didn’t get any packaged and was just told thanks for your work.

This place was a joke to work for. I was always rated a 1 or 2 for yearly reviews and of course no money to get a raise. I went 7 years no raise and tried to take overtime away.

Comcast is implementing a significant restructuring that will result in the permanent layoff of approximately 159 employees across Washington state. These workforce reductions are part of a broader nationwide effort to streamline operations and enhance competitiveness in a dynamic industry. The affected positions span various departments, including construction, customer experience, and management roles. While the company is undergoing these cuts, it also plans to create over 1,100 new positions nationwide. Comcast has stated its intention to assist impacted employees in finding new roles within the company.

Seattle, Washington

https://mynorthwest.com/local/comcast-layoff-washington/4291836

Wells Fargo is implementing its largest layoff in over two years, impacting 86 employees at its Jordan Creek campus. The financial services company issued notices to affected staff on Tuesday. This significant reduction in workforce is scheduled to take effect on December 26th. Since October 2021, Wells Fargo has laid off over 1,500 workers in the Des Moines area. All job cuts this year have occurred at the Jordan Creek location.

West Des Moines, Iowa

https://www.weareiowa.com/article/money/business/wells-fargo-largest-round-layoffs-in-at-least-5-years/524-73f76e5f-ab50-410f-93cd-b6c4841172f6

it’s open season for lay offs next week, it happens every year in November and December to spoil employees holiday season and to get the numbers adjusted to end the 4th quarter and year end.
For the ones hoping to be let go, good luck with getting let go, if you need the job, also good luck, but don’t be surprised, both companies are in rough situations and the future is not optimistic.

Certain people left and crickets...

what happened with the MB managers that got laid off today? Anyone know why? It isn't like they were under performing

If an employee is leaving HCSC for a direct competitor, would management just have them leave the same day they inform their manager, even if the employee gives 2 weeks notice?

I was recently approved for short term disability. NOw i am wondering if i am a target for getting layed off. I just couldn't handle the depression the job was causing me. I couldn't pay attention. I honestly think, being layed off would be a blessing in disguise.

Older workers: Empty nest (kids out of the house, can put more into work if needed), decades of experience, with VZ for decade(s) so would have already been canned if they were not good at their job (recall VZ had 200K+ fulltime employees 15 years ago or so)... Why would you kick them to the curb when they are in arguably the most productive years of their lives?

Short sighted id--ts in leadership positions. Its like not maintaining your vehicle to save a few buck up front. But, I guess leadership plans to not have an interest/stake in the car (VZ) in the future.

1800 Arch Street, Philadelphia, PA 19103
1701 JFK Boulevard, Philadelphia, PA 19103

COUNTY: Philadelphia
# AFFECTED: 634
EFFECTIVE DATE: beginning 12/31/2026; ending 12/31/2027
CLOSURE OR LAYOFF: Layoff​

Yes — severance doesn't block UI

• California — yes
• Illinois — yes, even if paid over time
• Washington — yes, in most cases
• North Carolina — yes
• Michigan — yes, if severance is under 1.6x your weekly benefit; reduced above that

Yes, with conditions

• New York — yes if lump sum; no/delayed if weekly payments exceed $504/wk
• New Jersey — yes if lump sum; no/delayed if paid in installments
• Texas — yes if lump sum; no/delayed if salary continuation
• Georgia — conditional; lump sum often spread over weeks (severance ÷ weekly pay)
• Pennsylvania — yes up to 40% of state average annual wage (~$28,154 for 2026); deducted above that
• Massachusetts — yes up to $600/wk; reduced above that

No — delays or reduces UI

• Florida — no; counts as income, disqualifies weeks equal to severance ÷ weekly wage
• Minnesota — no; delays if severance is FICA wages
• Ohio — no; can reduce or delay

Rule of thumb everywhere: lump sum is treated better than salary continuation, and always report the severance. Rules vary and change — verify with your state unemployment office.

Any idea if the VBO offer we received would be the same as layoffs?

Wells Fargo announced its largest layoff in at least five years at its Jordan Creek campus in West Des Moines — 86 employees, out the door Dec. 26.

The WARN notice, posted Tuesday Oct. 27, is the bank's 16th round of cuts since February. It brings the 2026 Iowa total to 460 — and the Des Moines metro total to 1,975 jobs cut across 113 rounds since April 2022.

For context: headcount has now fallen every quarter for six years, down 30% from its Q2 2020 peak. In Q3 alone, the bank shed 3,097 employees, ending September at 194,369 — while posting $6.0 billion in net income, EPS up 13%.

CEO Scharf has said AI will keep bringing headcount down. The bank didn't say which divisions the 86 are in, or whether any will be retained elsewhere.

Source: Des Moines Register, Oct 29, 2026; Iowa WARN