#layoff

So we all going to be logging OT today. If we get let go tomorrow submit time cards. If not, change it and don’t risk it.

https://www.reddit.com/r/IBM/comments/1o4xtrr/managers_are_forced_to_lay_off_good_people/

"I’ve been in meetings with very senior leaders and they are hunting through the ranks of B9-10 and D to find folks to let go to make room for higher bands in India."

I thought the next big round was 10/30 but I keep seeing 10/16. Is this true??

Tactics will be used to simply encourage employees to leave the company.
No relocation
No guarantees
No housing assistance
You are on your own.
Much of the work will be absorbed by Dallas, Contractors, and India.

Well, since the pipeline is crawling, I have lots of time to search for another job. I can't believe what this company has done to it's self. You can track my utilization till the cows come home. Wait, while at it, shuffle some execs around to keep the worker bees thinking that something magical is going to happen, or pop, it's not. There used to be 15 on the team, now we have been dwindled down to 3. Winning!!!! Wait, I have an idea, let's acquisitionFLYwheel another company to try and get deeper in some accounts while offshoring is being done not so quietly in the background and "teammates" are being clobbered. Zero clue, zero talent. I think today, I'll let InsightGPT re-write my resume and get some certifications since clients aren't picking up the phone... Just wondering when the CAPtian team team are going to get to boot?

How's IT impacted?

I used to care. I really did. Now, with everything, I’m hoping I get laid off so I can move on.

https://www.businessinsider.com/microsoft-layoff-job-hunt-struggles-pay-rent-tech-industry-2025-10

People keep saying it’s just business, but that doesn’t make it hurt less. Years of effort, and they toss you aside like it’s nothing.

My boss set up a casual coffee chat to catch up in one of the corner meeting rooms. Halfway through the conversation HR and security walks in and I’m told I’m being let go.

WTF is this cowardice move, at least have the decency to lay people off in a respectful manner

Today i was told I'm being affected. 2.5 YOE with severance 4wks pay.

3 executives in marketing let go. Heard they are looking at all 29 and above for rounds 2 and 3. If you don’t have 5 or more direct reports you’ll be in trouble. Saying too top heavy

How long did it take for the toxicity to leave your system? When did the happiness start again in your life? I'm going though the 5 stages, but can already tell I am much more calm and don't need the bottle anymore. I'm thinking it just gets better from here. Money? Yep need that, and it is inducing some stress into my life, but it feels much different than the environment at work while I was there.
At least on the money side, I can take personal action to fix it. The office environment? Nope. Just had to endure.....

Is BCBS is actively working with a consulting company that assisted with the previous round of layoffs? If so who?

Bored. I can’t hide the fact that I’m nervous about layoffs. I’ve been with the company for over 8 years.

If you’re open to sharing, how many years did you work for the company, what was your salary at the time, and how much did you get paid? Did it include bonus? What’s the tax percentage they held?

I know one person was let go. That person told me entire team of three people were let go.
Spending on AI so Visa has to save money somewhere.

I was coming on here to vent but I see that the current employees are doing a better job at the hatred and digs.

I actually feel sorry for everyone - and I mean everyone.

This is sad, pathetic and a waste of my time and energy.

Good luck to everyone. I’m free - and I’m so glad they laid me off.

Hallelujah

Laid off on Mon after 6 mo in tech sales... Dell overhired, new leader cut over half the team... now 40% of the group that started with me is gone.

I outsold the 3 peers from my start cohort who were kept.... This now feels targeted. Feels like the mgr did not like me.

she told me she lovd working with me and said I was good at my job. That stings. I suspect she had some say in who stayed. I know resentment hurts me more than them but it is hard to switch off.

Questions for people on this blog:

Have you been through this??

What helped you move past the anger???

How long did it take before the sting faded??

Good luck everyone.

If people would just follow through with their theats of quitting then we would have less layoffs. Every post seems to be “I’m the best employee ever and blah blah blah happened to me”. Nobody cares. If it’s illegal or wrongful termination get a lawyer and handle it like a normal person. Otherwise it’s just noise.

I've heard more rumors about layoffs continuing throughout the month. What are the chances that's not true? I'm so exhausted from layoffs that I could use at least some time not to have to worry 24/7.

Rumor mill is swirling around the office with another round of layoffs coming at the end of October? Has anyone else heard this?

https://www.msn.com/en-us/money/companies/legal-battle-heats-up-between-merrill-lynch-and-breakaway-advisors/ar-AA1NxRLs

Oh boy oh boy! The band of butt clients will be there for Maurice’s town hall. I can hardly wait for his expressive reading of his slide deck and spinning his excellent work at saving the company with layoffs!

Does anyone know if there will be any layoffs in RM&C next week? Everyone is stretched thin as is.

When are the next business control layoffs ? They were hit hard a few months ago but haven’t heard anything since

Husband laid off over two weeks ago from Dell and still getting excuses about paperwork delays. We're in a limbo holding pattern. No idea of the insurance/cobra (they also cut off our insurance a week before he was laid off). Nearly 19 years of work...to treat him like this.

Honest question about FMP next day options. I'm curious what services for cel phone did people move too? I seem to have found a good deal at Mint and with the Duel eSIM thing I found it rather simple to spin up a second line to migrate away from T. It was 90% less than what T changed my bill to after the loss of the employee discount. Did anyone find better deals ?

LBT noted today between basketball, laser focus, humble, my BFF’S, that we need to get to 75K employees by end of the year, for you super geniuses this is about 13K more to go. (TSMC plus Nvidia) is 75K. Dont get too comfortable.

Anyone feel they are being pushed out or that the work load is unreasonable after this last CPM round? Management doesn’t seem to care. Maybe too scared to care?

Who knows who all is going to be laid off at Kearl? Which positions,depts etc?

We can't fit everyone at the Deerfield office but that's the point: Layoffs are inevitable and they want people to quit. Stick it out for your severance and WARN act pay.

Has anyone consulted with a lawyer on the displacement paperwork agreement with WF?

I have zero intentions of not signing but just want to make sure there is no reason to get a lawyer to review.

How do employees counter when Management tries to gives us a “needs improvement” rating (rather than a “Meets”) on our year-end review when we were moved into a new role? Of course there is going to be a learning curve, but I feel like we are being unfairly rated because we never asked to be moved into this new role…was voluntold.

I feel like Management will try and use this as a reason to justify a lower rating and/or as justification for eventually laying us off. What can we write in our end of year self-eval to give us some worth or value.

BTW, their justification in the past is that even though your daily responsibilities are totally different and new skill sets, it still falls under the same job title description. Total BS in my opinion.

Is there even a small chance that this will be performance based? Or are they going to focus on numbers once again and lay off people who are higher earners?

People are drowning in work! We can’t get to half of the things we need to be doing because so many have already been laid off that it’s physically impossible for the rest of us to get it all done, and yet I keep hearing about more layoffs all the time. When will it be enough?

This is the only job I’ve ever had where I have to worry about layoffs every two weeks. I’ve worked for other major banks, I’ve worked in other industries too, and nowhere was it ever this bad. I thought joining Wells Fargo would be a great career opportunity for me. Instead, I’m already looking for something else because I’ll be damned if I’m going to stay at a place where layoffs are such a normal, accepted thing that they happen every 14 days. I can lose the pay raise I got by moving here, I don’t even care, but I’m not staying.