#layoff

Yes, even with this economy and the dismal job market. That's how unbearable this place has become for me.

Laying of 10% of the workforce will boost the company stock. Ford has too much waste in their workforce.

When there are posts of people claiming to be let go, their friend was let go, they know of a team that was let go etc, but they can’t answer when people ask WHERE or WHO even though this is anonymous, it leads me to believe these people are lying. They’re just trying to cause excitement and anxiety and stress.

The job was a dead end anyway. Severance is decent, I've got savings, and I can afford to give myself a well-deserved break for a few weeks before I start looking again. I'll find something eventually. No point in stressing. Good luck to everyone still there, and always keep an eye out for something better.

This won't be layoff in the traditional sense, it will be realign/restructure/RTO for company needs orne forced out maybe some early retirement for people. But SF doesn't need layoffs when they can just pull the right levers and force people to leave. That last giant survey we did a few months back was just them finding out how far they can turn the dial each time to achieve the desired effect.
OP: @eb+1kp6mkfmf

Bumping this up for visibility.

I heard about on-going layoffs in D&AI. I know someone who got laid off.

Is this one off usecase or more is yet to come?

Heard a couple of Execs who’ve been around forever at SL Chemicals were "moved aside", True?

I have heard there will be 1% layoffs with most groups exempt

Anyone hear anything different ?

Question for those who were impacted during prior layoff cycles:

During the 2 months you remain an employee, do you continue to accrue PTO as you normally would? Or do they lock in your PTO balance when you're notified?

I heard it's starting on the 28th of April and that M4s have a list since the beginning of April.

Is it true?

I’ve heard that another wave is expected in the next two quarters. Seems it’s being done in batches???

Over 25 years with this company, and got my layoff in an email.............how great is that? Great place to work.....NOT..................we are all a number now..........remember this........profits over people............the private equity firm su-ks........

I have heard of a couple people who were impacted by this and told yesterday. Anyone else hearing this?

Our small group was told April 23 is the date

I know someone who lost their job in P.A. today who said a dozen of their colleagues did too, including U.S. based managers.

Yes entire team. We all got invited to a single business update meeting and then the director told us, this team is redundant.

Assuming more layoffs tomorrow.

If I get picked for layoff will I be on the books/expected to work for 2 more weeks after notification? If so I assume I can use my PTO to the bitter end until my last day.

Just received an email from Virtual Development Network BRG - we can all join a virtual event to make wildflower seed ba--s.

While I am all about supporting Mother Earth, thinking about the amount of money USB is wasting with these types of events all while nickel and diming us on RTO and time at screen.

Make all of these extras make sense when you are degrading remote peoples pay grades, laying off American jobs to send them overseas, and all the countless ways they are showing their appreciation.

It wouldn’t surprise me if suddenly all of these useless USB encouraged workshops and training events are going to have record attendance like never seen before…… if that’s how they want to play, I’ll play.

Weak Q4… growing GCC… more layoffs are soon? … quarterly has been the trend …

Hey everyone, I’ve been keeping a close eye on the layoff situation at CVS, but I’ve noticed something strange: there haven't been any major WARN notices filed lately. Given the restructuring talk we heard last year, I’m trying to make sense of this.

Does the lack of filings mean the company is actually doing well and the 'efficiency' goals were met without more cuts? Or is this a sign that the broader economy is stabilizing? I’d love to hear if anyone inside the company has insight into whether more rounds are coming or if we're finally in the clear.

Elon will personally oversee it.

HR is failing. After 35% cuts, the Business isn't happy with there performance. GV is done. JS is now leading learning and talent. He is hiring a consultants to layoff 75% of staff (MW must be interviewing his ethics for being our next CHRO). RP is spending more time with her boy toy than caring about the HRBPs. HRBPs are about to get slayed. All the while, GBS is about to get crushed by AI. LD is LD. She is awful. Needless to say, disfunctional leadership will cause many layoffs this year and next.

Which team and location?

Hope they all get laid off

If we all banded together and we could see the names, sees and ages you better believe there is clear evidence of racism in these layoffs.

I lost two truly competent people on my team - we are certainly going to feel it.

A lot of what OI does is facilitate the functioning of other divisions. I'm not in OI, but OI's work and tech has enabled a lot of the 40-90% headcount cuts to other areas (not that those reductions were always well advised).

A lot of the applied process support/automation/optimization work over the last 5-10 years has come out what remains of teams currently structured under OI, with most of the work, knowledge base and continued maintenance being US based.

Almost zero effort has been made to prepare this to be handed off to either contractor or OGA teams, and the "cleanup" from the Change Health breach resulted in a TON of project source material and documentation for currently deployed work being wiped, and zero time/resources allocated to reconstruct/replace the lost bodies of work.

Tl;dr: The people currently supporting the existing processes that Optum (actually) runs on are probably the ones that are going to get cut this round. Things will be OK, until an existing process needs to be updated, changed or expanded, at which point things will start breaking.

OP: @c3+1kp53601e

I came across this post while reading through our board. Worth bumping it up.

So today's ATS town hall hinted at impending layoffs, it was almost glib to go down the list of other recent corporate cutbacks but saying T is not named... But anyone with half a brain knows that some significant layoff is being prepared in Dallas, corpos like T love nothing more than to follow the others while the getting is good.. So my question what's your bet for the next round?

And all I feel is relief. I'm honestly glad I stuck through all the attrition so I could leave with a severance. Good luck to everyone still there. The sooner this place is in your rearview mirror, the better off you'll be.

Hit senior and higher employees in television marketing

A ton of people I worked with have been laid off today

Any numbers on how big?

https://mikethunderphillips.substack.com/p/the-layoff-nobody-wants-to-talk-about

Conversations started already on KTD side and it is confirmed we will have layoff so be prepared I think leaders are probably already getting list ready.

Any chatter about which teams will be impacted?

thats it. it happened today, josh silverman su-ks.

If someone is on a PIP and gets laid-off today, do they get severance? Cobra?

Hi ,got laid off last year ... I am seeing a pattern, so far interviews I reached 2nd round and no news then..these are not interviews which didn't went well, I was told it's a layoff restructuring but of course like many other I had bitter relationship with my manager..is it possible to mark my profile which may create chaos in background?