#layoff

Posts mentioning hashtag #layoff

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Forced "Early Retirements" With No Packages

Coming to a Bank near you. In fact, it is already here. Expect more love in the coming months. We are all owners. It's our culture and our people that make us special. AI and P-M are transforming our company. Always do what's "right" Rah Rah Ray Blah blah blah....


An update on Teradata

Hey everyone,

Just wanted to clear a few things up based on some of the talk going around here.

There are no layoffs happening or planned at Teradata right now. We’re still focused on the work, our customers, and supporting each other through everything.

Also, for anyone wondering about the positive comments that show up: nobody from corporate, HR, or the leadership team is posting anonymously on these forums. The positive takes you’re seeing are coming from real people who just want to share their side.
Let’s try to keep things positive with each other. We can disagree and still be respectful... it goes a long way for everyone, including the leadership team and our coworkers.

Appreciate all the hard work people are putting in.


A November 2027 Separation Date Is Insane

there are five extended separation dates according to the updated FAQ:

  • December 2026
  • March 2027
  • May 2027
  • August 2027
  • November 2027

the FAQ details how extended separation dates would impact severance benefits... but being asked to stay until November 2027 is just wild AF to me. my limit is December 2026 and that's pushing it, 'cause I'm over it.


ESPN's Communication Breakdown During Layoffs

Recent layoffs at ESPN have highlighted significant issues in how the company communicates with its employees. Several prominent figures reportedly learned of their terminations through indirect channels, such as social media or news reports, rather than directly from management. This lack of controlled communication has led to a breakdown in trust and raised questions about leadership's execution of these difficult decisions. The article emphasizes that while layoffs are a necessary business function, the process of delivering the news should be handled with professionalism and respect. This incident serves as a cautionary tale for all organizations on the importance of managing sensitive information effectively.

https://barrettmedia.com/2026/07/27/espn-layoffs-what-managers-should-learn/


VSP Website Updated

Employee FAQs document has been updated with a new section A entitled, "NEW FAQS AS OF JULY 27, 2026."
A1. My VSP Application was accepted, what happens now?
A2. What happens if I am approved for the VSP, but my separation date is later that I expected?
A3. Can I decline an extended separation date and still receive VSP benefits?
A4. If I am assigned a later separation date, can I apply for another role at Centene?
A5. Will my benefits continue if my separation date is extended?
A6. When would I received the payments of severance benefit if my separation date is extended?
A7. How does a later separation date affect the severance benefits?
A8. How does a later separation date affect 2026 bonus and the amount in lieu of bonus for severance?
A9. Who should I contact if I have questions about my separation date, bonus impact, or VSP benefits?
A10. How do I update the email address on file for the VSP website?


Notified today Boston.

Some are being advised of wtc ot staying at 245 today.
This is the silent layoff.
Suddenly after years of flexibility it’s now hardline?
Be careful Abby you might’ve bitten off more than you can chew.
Consultants aren’t embedded they are external know it alls that have left many companies in its wake.
Stop panicking everyone. There will be balance. That’s how nature works. Calm down


Tech Giants Explore Buyouts as Layoff Alternative

Big Tech companies are increasingly considering voluntary buyouts as a more humane approach to workforce reductions. Google employees are advocating for these offers to be a standard first step before layoffs. Microsoft has already implemented a voluntary retirement program with significant uptake. While buyouts can be less damaging to morale, they offer less predictability than traditional layoffs. The shift reflects the growing maturity of tech companies and their aging workforces.

https://www.businessinsider.com/big-tech-considering-voluntary-buyouts-2026-7


Has anyone who was laid off from Citi and received a redundancy/severance package later rejoined the company?

Has anyone who was laid off from Citi and received a redundancy/severance package later rejoined the company?

I’m trying to understand whether there is a formal waiting period before someone can be rehired, particularly where the exit package included severance pay, payment in lieu of notice, or other redundancy compensation.

Does the restriction vary depending on whether the person returns as a permanent employee, contractor, or consultant? Also, is the waiting period counted from the last working day, the official termination date, or the end of the PILON period?

Any recent experience from the UK or EMEA would be helpful.


ESPN Cuts Ties with Cam Newton

The sports network ESPN has reportedly laid off Cam Newton as part of a larger round of job cuts. Newton, a former NFL MVP and Carolina Panthers legend, had recently expanded his role with the network. The layoffs come as ESPN integrates newly acquired NFL assets. Several other notable personalities were also affected by these decisions. The exact terms of Newton's contract and the full scope of the layoffs remain unclear.

https://www.charlotteobserver.com/sports/nfl/carolina-panthers/article316595675.html


Returned and regretted it

I quit five years ago and received and offer recently. I thought coming back to USAA would feel familiar in a good way. Instead, I walked into a building full of hopeless faces, a toxic atmosphere, and my first meeting was a layoff discussion. People I had worked with before were gone. The place I remembered didn't exist anymore. I handed in my resignation before my second month was up.