#layoff

172 people let go. Some in hubs but many not. The indignity is they are forced to take a ple training to get their severance .

I'd like to start a tip thread for any impacted folks this week. I was laid off a year ago and fortunately have managed to get enough income to not net a negative this past year, but don't kid yourself -- the market is that bad out there. No matter your seniority or valued your skills, it's in your best interest to plan for an icy winter. Make this your fulltime job as soon as you're cut to put yourself in the best possible position.

1) File for unemployment immediately, do not wait til severance pay is finished. The process takes time and there is no backpay. Now, you won't be able to get checks until you stop getting income, but despite the program lasting a year you only really get up to about 6 months of checks (if receiving no other income). But if you don't find employment a year after you signed up, you can sign right back up -- and guess what? The severance pay you had received a year prior will count as your W2 earnings, qualifying you for unemployment again. If you wait 2-6 months after that, you might not have enough W2 earnings to requalify for the same amount. TLDR: file for EDD today.

2) Get on SNAP, get an EBT card. You don't need to do this if you're still earning severance, your earnings are decided based on bills and people in your household. However, aside from grocery money, you just having an EBT card gives you discounts off of your electric bill (mine's $16 off every bill), internet bill ($30/mo account for Spectrum), even Amazon Prime membership (50% off, paid monthly).

3) Join the paramount-alumni slack channel (paramount-alumni.slack.com) and any other post layoff groups to network and find immediate support.

4) AJCC / WIOA offers free job training and tuition reimbursement for educational courses for you to pursue a new career. Wanna go take on 1-2 semesters at a University to learn something new? You could learn anything from marketing, data security, project management, business, healthcare, any fields that the growing jobs report will support. Here's the site to find the offered courses in CA: https://wioa.i-train.org/iTrain/tpd/

Now, this application process is complicated to say the least. Every Workforce office works completely independently of one another. There is no central HQ, they're not the IRS. They're more like a McDonalds -- they're all privately owned and each offers the same stuff, just some are more well supported than others, some are a little cleaner than others. Do not trust online applications through websites like CalJobs, that online application literally goes to nobody and no one -- you need to do it in person. You need to call your local Workforce office and ask them about job training/tuition reimbursement, and how much they can offer. I called 5 different offices before I found a place an hour north, funded by Goodwill, that would pay me $5000 for schooling. You'll need a LONG list of documents to bring with you e.g. proof of citizenship, birth, address, selective service, college degree (I took a photo of my degree) -- bring them all to the orientation appointment. Once approved, you just need to supply which courses you want to take to your case manager.

Good luck out there.

Furloughs happens yesterday afternoon. 10/27/2025 at San Antonio mechanical. 10 machinist 1 electrician

https://finance.yahoo.com/news/wells-fargo-warns-more-layoffs-203919733.html?fr=sycsrp_catchall
Wells Fargo has cut staff every quarter for the last five years. Its headcount of 210,821 declined 1% from the end of the second quarter and is down 4% from Sept. 30 of last year.

The CEO said the company has instead become more efficient.

“This was not driven by business sales or outsourcing but, in fact, real improvement in our efficiency,” CEO Charlie Scharf told investors on the bank’s earnings call. “We’ve also significantly reduced how much we spend on professional and outside services as well as non-branch real estate.”

Exact numbers of people who will lose their jobs were not shared.

The biggest issue I am having with this layoff thing, is the absolutely lack of transparency they are giving us. What a failure on leaderships part and especially this new CEO. What a way to make your first real impact on the company — your likability factor and lack of decency is out the door already.

How hard is it for this company to at least tell people what the process is like / how things will unfold instead of making every single employee just be on edge for several days? Very cruel and clearly they are not taking their employee’s well-being seriously.

I didn’t receive it but some people on my team did, wondering if this means i’m on the block for the morning or if it just random (and insanely tone deaf)

Already hearing folks getting let go. Good luck to us all.

Hey, for those unfortunate (or fortunate) People like me that were surplussed in the past... the cutoff date to renew your COBRA benefits is Nov 7! Of course you will not receive any reminders as I did not from the COmpany to remind you of this important cutoff date: Dont assume you have until the end of November - it is by November 7th.

Most have probably found much cheaper insurance, but I found the Vision plan and Careplus (extended) to be pretty good and kept it. But of course no reminder to renew. Just a public service announcement as we all have other things going on in life, didnt want my old freinds and co-workers to miss out and get scr_wed once again. All the best! I hope you are all in a better place then where we were!

I have be with Macy’s over 20 years. My people leader towards me has an attitude towards me by saying I am not pulling my weight . Thats she has the same people doing everything. I working on merchandise. I also do the signing and markdowns on my floor. She wants her girls in my position. I work in ready to wear. They is no one in my store I would trust to say anything.

Been following the latest crude oil forecasts and noticing some mixed signals — demand projections softening in parts of Asia, geopolitical risk premiums fluctuating, and inventories looking tighter than expected. Some analysts are projecting a short-term dip before potential recovery next year.

For those closer to planning or market intelligence: How are you interpreting these signals for the next 6–12 months?
How much does short-term crude price movement realistically influence workforce planning at your org, versus broader strategic priorities?

I took ERP and have been gone more than a month (Hallelujah!) Hoping my friends who got laid off - the term “unmapped” was used - find new employment by the deadline, which should be around now. Anyone know the deadline to find new roles or other employment? Just don’t want to say the wrong thing to friends who are stressed and disrespected enough as it is. Thanks.

I know a lot of people will jump straight into applying, but I plan to take a week or two to clear my head and just breathe. None of this has been easy, and I think taking a little time to calm down and reset is important. But I don’t have a partner or kids to support, so I know it’s easier for me to say that than for those who do.

It’s been an absolute pleasure working with all of you. I pray for the best for each and everyone. I’ll see ya on the other side!

My leader has a meeting scheduled with the team on Wednesday for update on HQ changes. Does that mean we're safe from layoff?

Something huge is afoot at the highest echelons of Oxy…We are witnessing real time projects to simplify the companies process and eliminate inefficiencies.

There’s increasing chorus to perform a 15-20% layoff in 2026 to satisfy the market and reduce retirement obligations…

Chime in with your thoughts and opinions

I've been in a couple meetings late last week and management Sr director, ADs, SMs all mentioning the site as if our fear isn't valid. Basically they all were saying everything here is fake and no one really knows. Just strange that higher-ups mentioned the site by name and wanted to discredit everything on here. Who's know what is true on this site but for leadership to acknowledge it shows even they know some layoffs are coming.

Just curious here. If you do end up surviving Tuesday, are you seriously considering leaving Target once you have something lined up? I have read several articles that companies usually see large resignations after a mass layoff.

I ain’t never stepping foot in a Target store again! 😂

Walmart here I return 🏃‍♂️💨

Rumor is that security guards are getting laid off at the end of October.

October 28th seems to be the day.

Anyone know how it'll go down?

Seemed kind of quiet the past few layoffs- is there a certain month that typically is the highest month for layoffs ?

Thread dedicated to 10/30. Please share only credible information.

With so many long term people who have been there 20+ years getting axed, have there been any RIF induced sueys that anyone has heard of??

I reached out to someone who was still employed there just to see what has been going on but didn’t directly ask about any RIF, it’s been complete radio silence which is kind of unusual for this person. This is really hard for some people so I have really no idea how to approach people about these situations.

It’s almost exactly like not knowing what to say to people who are going through mourning and just had a loved one die or something similar to that, actually maybe even worse???

I always think back to that guy at Dell 2 years ago in Texas, he had been there over 20 years and then got the RIF.

He went right out to the Dell parking lot and said:

“ “this is all I know”…….”

Any tips on keeping the sueys at bay for our fellow colleagues who are going through it right now??

Word on the digital street: AI results are flagging Rick Gomez and Jill Sando as “OUT.”

NO official word yet since Fiddelke’s email, but AI whispers are blowing up across threads. If REAL, this could SHAKE Owned Brands, leadership, and strategy to the core.

Some say RUMOR, some say LEAK, some say REALITY. Either way, the chatter won’t die.

Who’s got insider intel, hints, or even half-confirmed whispers? SPILL IT ALREADY — we’re all ears ☕️

Are y'all ready for the layoffs? Only 1 week to conclude FY25. It also means we have only 1 week before getting kicked out.

If 17 years at company has taught me anything, nothing good ever came from an All Hands Meeting. They're not announcing new jobs or pay raises. Hopefully those impacted by what's coming have been given a good heads up and nice Payoff.

Still tuned to this thread on Nov 6th.

Hello Folks. The last round was just over on 10/23. The next round is fast approaching. Employment at ATT is like paying utility bills - it happens monthly and don't know the number (in this case employees impacted).

So for all of yall who still have a job, do you want to trade places with me!! Yes it su-ks!!! But you have a job...I don't!!!!

people have been looking for work for over 6 months.
wish everyone the best of luck Monday.

Merry Thanksgiving and happy f*** you to all the aero employees about to get laid off.
Its going to be a sad holiday season for 20% of aero this year

I heard there was more layoffs this week? Who was affected?

Anyone see the news articles as of today TD is laying off again before the return to work 4 day minimum?? I thought they already laid off the 2% they needed??

I heard quite a few bottom performing L6+ folks got their notice today at AWS…… with a hearty severance. Can anyone confirm?

What's the rule???????

Seems like AMAT is going for moving more jobs OVERSEAS and focused on letting go Americans...might as well make your headquarters in India at this point. Imagine spending billions on a building none of your customers want and then you let go of people HA

If layoffs are really coming, which group do you think gets hit first: tech, retail, or shared services?

Who made the call???? Who do you think really made the call on this round: MF, BC, or the board? Or someone else...

Before Edward Jones started handing out pink slips and demotions like candy, there was supposed to be a real conversation about pay. Leadership told us they were reviewing pay grades firmwide and that the process would take about a year.

Instead of following through, they turned around and started firing people. Just empty smiles and “tough decisions.” And now everyone seems to have forgotten the original issue. We’re still the lowest paid people in the entire finance sector. That’s the part they don’t talk about in the press releases.

They didn’t fix the pay ranges. They buried it under layoffs, reorgs, and canned speeches about “efficiency.” The truth is simple: this company had a choice between paying its people fairly or protecting its executive bonuses. And they made their choice loud and clear.

How can these people sleep at night?

Does anyone know if we will we receive any layoff email at midnight or later in the morning on Tuesday?