#layoff

Good luxk

Watch out

A Christmas story following Hans who, after getting fired from his CEO job, becomes an ice cream scooper at baskin Robbin’s, meets his true love, and discovers his true passion for ice cream. By hallmark.

Feeling so uneasy tonight. I just realized that tomorrow is the last day for those who received a VSP. I was lucky but it’s not lost on me that tomorrow will be some’s last paycheck. We lost a total of 4 people in our area and none of them have found new jobs.

So kudos to people keeping slacks open to the public, most people probably saw the 29k reference. However I found a new one showing 200 people under Kevin Z... also OWBPA report was referenced. So it looks like the retail rumors are definitely true. One more week till we all know if we have a job or no job going into 2026. Really su-ks that this is our reality, hoping for the best.

If any VP is on this thread please just tell us how you decided who to layoff. It’s happening at this point. At least you’ll save us having a speculate for the next week. I know you’re supposed to be tight lip, but please please please. Just tell us.

Quite a few today.

if we are the (un)fortunate, and our last day is 12/20 or 1/20 or 2/20, do we still get paid during this time? and then we get our package after? will everything be in tack as if we are still FTE?

Or just the boot?

A private university in Mercer County will lay off up to 40 full-time faculty members, slash salaries by 14% and make other cuts due to escalating financial problems, campus officials said.

https://www.nj.com/education/2025/11/nj-university-in-financial-crisis-will-lay-off-40-professors-cut-everyones-pay.html

Hearing Splunk and other Cisco layoffs today. Anyone else?

I’m going to leave next year regardless once my CIP hits. Is there a way to EOI so I get severance? What if I just stop working? Will I get severance for involuntary termination? Between a prorated CIP, Cobra, and severance it could be worth over 100k for me to do this vs. leaving voluntarily.

Does anyone here actually know how they got the 15K number?
Was it formula based on Pay, Insurance, WFH?
Was it just spread across the whole business?
Was it mainly performance based?

Someone here surely knows this?

• A union leader attributed the layoffs to the company's focus on military contracts despite losing a major JLTV bid.
• Oshkosh Corporation is also facing slowed production on its multi-billion dollar contract to build USPS delivery vehicles.

https://www.thenorthwestern.com/story/money/companies/2025/11/12/oshkosh-defense-layoffs-to-impact-160-workers-they-start-in-january/87231155007/

Pay attention to how your manager is acting from now on. If he or she starts avoiding you or being excessively nice all of a sudden, you know what's coming.

Layoffs starting now

https://finance.yahoo.com/news/verizon-cut-15-000-jobs-160715206.html

Verizon to cut about 15,000 jobs, source says: (Reuters) -​Verizon (VZ) is planning ‌to cut about 15,‌000 jobs, a person familiar with the matter ⁠told Reuters ‌on Thursday.

The layoffs, the ‍largest ever for the wireless carrier and impacting ​about 15% ‌of its workforce, are set to take place in the next week,⁠ the ​person said.

CNBC just reported (per WSJ) that Verizon is expected to layoff 15,000 employees next week, making it its biggest layoff ever. It’s coming. Sigh.

Word around town, next week is round 2.

What is the percentage of layoff completed in this round? And is there another round coming?

Is the layoff applicable to full time only or contractors are going to be impacted as well? Can organizations sacrifice contractors to meet the 15~20% target and reduce Opex pressure? My organization is loaded with contractors with only a handful of full time employees.

Has anyone taken an employment reference letter from Oracle after being laid off (for next employer)? If so, does it mention any reason for termination (eg laid off)?

Layoff Communication Timeline
• EVP/SVPs: Notified last week
• VPs: Being notified this week
• AVPs/Senior Directors: To be notified next week
• Direct Managers: Will notify impacted employees on 11/20 via phone call only (no WebEx or video)

⸻

Post-Notification Details
• Impacted employees will be removed from payroll on:
• 12/20, 1/20, or 2/20, depending on state notification rules
• After notification:
• No office visits allowed
• Work limited to transition duties only

⸻

Compensation & Benefits
• Bonuses: Paid out at 100% for the year (no proration)
• Accrued vacation: Fully paid out
• Stock awards: Will fully vest at their scheduled times — no loss of stock value
• Unemployment: Eligible, even if listed as “forced retirement”
• Severance:
• 2 weeks per year of service, up to a maximum cap per job band

⸻

Additional Context
• Further layoff rounds expected over the next couple of years
• Current phase involves 20% cost reductions
• Company undergoing major restructuring — work methods and operations will significantly change

RIFed US workers before H1B visa holders? Shouldn't the H1B workers be RIFed before a US citizen?

For the person that said Layoffs are coming Nov 17 & 18, I can confirm that this is real. I was accidentally copied on an email that I shouldn’t have been. I don’t know how they can layoff anymore people from that team because they already have a skeleton crew and if we’re supposedly in the cloud, wouldn’t you need engineers to make sure the customers products continue to work. It’s just in time before the All-Company Meeting. I’m sure SM will put on his sad face and pretend the layoffs break his heart. His song and dance is getting old. I pray for the best for those affected by the layoffs. May you find stable, healthy employment quickly.

Mid-November layoff is already on going at the moment. They are planning to have about 13-16 technician per manager.

This is a step closer to replacing all the blue badge techs with green badges.

Confirmed, Irvine just laid off 30+ workers in 1st and 2nd shift. Will be seeing more in the coming months when volumes get reduce. Management did not annouce ahead. Too bad for the people. Ofc management did not care.

Couple of individuals were made redundant in the Czech Republic - most probably new rounds will start next week. Somebody was saying that there is an aim to reduce up to 10% of the workforce till the end of the year

Geico is reportedly planning to lay off around 20% of its workforce in January. According to employees, the company intends to label the affected group as “low performers,” with approximately 20% of employees in each department expected to be classified this way.

When are they happening, best guesses?

The impending layoffs are about the same thing as it's always been about. Prioritizing PROFITS over people! This company is by no means struggling. Free cash flow for the nine months ended September 30, 2025 was $15.8 BILLION, an increase from $14.5 BILLION during the same period in 2024. This company is still making BILLIONS in profit. Where did the increase in revenue come from? Through price hikes and rising fees; and they wonder why churn is high?

There's a WSJ article where Dan is saying 'We'll hit AGI (human level intelligence) in the next 2-4 years'. He's a big proponent of pushing AI. Why?
Bc he is an investor in the AI field primarily as a Managing Partner at Valor Capital Group, which invests in various technology companies. Wall St and Silicon valley are obsessed with AI and they pushing it down our throats even though regular consumers are not asking for it. The demand for AI comes from the top down, not bottoms up.

Where is the HUMANITY in AI? What will happen to the PEOPLE after our jobs are replaced by AI? Seems like the Board has let the fox in to guard the hen house.

Coca-Cola’s layoffs.com page shows only six posts for 2025.

https://www.thelayoff.com/coca-cola

the layoff list is ready & waiting
it has been checked twice
yes ,,you & you & you.... are on that list
no greg is not on the list
& no the 75 vp's are not on the list
the list is coming to your location very soon

There were around 100 ppl let go from IT today.

Ansys was a great company to work for. I didn't get that same impression from Synopsys, but I guess that comes with working for a much larger company.

It was a good 5 years.

Just got laid off this morning out of the midland office. I felt so bad for the hr rep who called it was hard for her to tell me. But all is well holding my head up and ready for the next challenge. Got to comfortable at cop and was looking for something new anyway. Good luck to everyone else. Remember there is always something better for you.

Last day 12/31… anyone feel like this is pointing to something larger?