#layoff

Posts mentioning hashtag #layoff

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Switzerland

Pfizer is implementing significant layoffs in Switzerland as part of its global cost-cutting initiative. The pharmaceutical giant plans to reduce its Swiss workforce from approximately 300 to 70 staffers by the end of the year. This consolidation will result in about 230 job cuts, affecting 100s of employees. The company stated the moves are to streamline and realign resources, reduce complexity, and optimize work. These actions align with Pfizer's broader goal of realigning R&D, reducing administrative expenses, and optimizing manufacturing operations.

  • https://www.fiercepharma.com/pharma/pfizers-cost-cutting-drive-reaches-switzerland-where-company-plans-lay-hundreds-year-end

More layoffs coming in 2026

The 13k that were laid off is just the beginning. There will be more layoffs coming in 2026 which will include a lot of bottom line employees. This is why it is important for front line reps to unionized. Don’t let HR and higher management try buying your silence with free lunch and scare you with them constantly showing up to your store. The company is also going to be very strict when it comes to reps, managers and higher leadership selling with integrity. The company is focusing on customer satisfaction which means they will start firing people if they conduct themselves in gray area practices.


Layoff notification method

Can someone explain how the notifications were handled? I’m hearing all kinds of different stories. Was it individual calls, a group meeting, or something else entirely? My team was spared and I'm still new here, so I don't know from experience how it's usually done.


Lay offs in Europe ?

It seems that there was a meeting yesterday between European Human Resources and the unions.
I imagine that the layoffs were discussed. Do you know if they have been announced in certain countries?
I haven't received any feedback in Austria.
Has anyone heard anything?


The new and improved forever layoff model

Expect to see the recently reported forever layoff model. This is a persistent, all year method for layoffs where they happen in artisanal small batch format to prevent investors from getting alarmed.

Large companies do the showy layoff where they announce large layoffs then hire the same or greater number with h1b or offshore. Thus keeping the same headcount to keep from alarming investors.


Sell out

Here I'm watching coworkers-folks who've shared laughs, powered through the toughest shifts, and had each other's backs-getting shown the door in these layoffs. But here it is, an ex- Kearl supervisor out here hawking job postings overseas, begging his "connections" abroad to apply. What a total sell-out! Dumping dedicated Canadians for cheaper foreign hires? This is betrayal at its finest.


Horrible Culture

I was laid off a few weeks ago, typically a very stressful blow to life in this economy and job market. When I got the news, the stress and anxiety drained from my body almost immediately leaving me with a sense of calm and relaxation I haven’t felt since 2022.


Volunteers

I just wish they would let people volunteer to be let go with severance. I’ve been at TMO (Lvl 7 in a headquarters role) for 10 years. There are very limited opportunities to change roles and even fewer opportunities for advancement. At this point, I’m ready to cut my losses and try something different as I don’t want to be miserable the rest of my working life or worse, be let go when I’m older when the chances of retooling or finding something else will be more challenging. At this point, regardless if I’m an active employee or not, my attention will be spent finding alternative options.


T-Mobile Layoffs coming

During a recent leadership call, T-Mobile’s new corporate team announced that major organizational changes would be implemented by mid-January. The message was delivered with an unusual emphasis on “emotional intelligence,” as leaders reminded employees to manage their feelings throughout the transition. To many on the call, this advice came across as tone-deaf—almost dismissive—especially given the real possibility that these changes could dramatically affect workers’ livelihoods at a time when the cost of living continues to rise.

For employees already feeling the strain of inflation, uncertainty, and demanding workloads, being told to focus on emotional intelligence felt like an indirect admission that little consideration was being given to their actual well-being. Several team members interpreted the message as a clear signal that T-Mobile’s leadership was more concerned with optics than with the human impact of their decisions.

Some employees openly expressed frustrations, stating that working for T-Mobile since the merger has “been the pits,” and that they no longer find joy or purpose in their roles. Morale, once a hallmark of the company’s culture, has eroded. What was once marketed as an energetic, people-first workplace has increasingly begun to feel, to many, like a corporate machine asking for more while giving less.

As January approaches, employees are left navigating an atmosphere of uncertainty—hoping for the best, but bracing for changes that may once again redefine not just their work, but their way of life.


Meet with your financial advisor!

How great was that message from HR this week.
Are you RTO ready because expenses are going to change in 2026! So heres a free service to meet with a financial advisor (and tell him you're getting a pay cut bc your employer is forcing you back to the office and you need to figure out how to pay for the extra 600/month of commuting costs, plus meals and new wardrobe)

And they write it like we should be as excited as they are! lol


Where is the transparency???

This is the weirdest layoff round I had to go through in my life, and I've been through more than a few. What the he-l is even happening? All we know is that some people are getting cut, but how many, where, when it will be done, or anything else is just wild guessing at this point. The. Fu-k.


Laid Off from BNY After 26 Years — No Warnings, Now Seeking Legal Help”

I was employed with Bank of New York Mellon (BNY) for approximately 26 years. Throughout my tenure, I remained in good standing with the company and maintained a consistent performance history..

During the first nine months of this year, I reported to a different manager than my current one. I completed both a beginning-of-year performance review and a mid-year performance review under this manager. In both reviews, my performance met expectations, and I was never advised of any performance concerns, deficiencies, or behavioral issues. I did not receive any verbal or written warnings, disciplinary notices, or improvement plans during that time.

My manager specifically told me that I met expectations and that he had spoken with colleagues with whom I worked directly. He stated that no negative feedback had been reported regarding my work or workplace behavior. At no time was I made aware of any issues that might jeopardize my employment. There was no documentation provided to me demonstrating poor performance or any other cause for termination.

Without prior notice, I was informed that my employment was being terminated. I was immediately instructed that I did not need to return to work for the remainder of December, and that all of my system and workplace access was removed at that same time. I was not provided with any explanation or supporting documentation demonstrating cause for termination or identifying any violations or performance concerns.

I was then told that I would receive a separation agreement by email and that I would need to sign this document in order to receive additional severance pay. Specifically, I was informed that if I signed the agreement — which includes a waiver of rights — I would receive an additional sixty (60) days of pay covering the months of January and February. I was told that if I did not sign the agreement and waive my rights, I would not receive this additional compensation.

At the time of termination, I had no pending disciplinary matters, no documented poor performance, and no warning of potential job loss. I was terminated abruptly after more than two decades of continuous service, without explanation, documentation, or an opportunity to address any alleged issues. I was effectively presented with a condition where I must waive my legal rights in order to receive severance compensation following an unexpected termination.

I am currently seeking legal representation from an employment attorney or firm that has experience representing former BNY Mellon employees or handling similar wrongful-termination and severance-rights cases involving large financial institutions. I am specifically looking for counsel who has previously dealt with situations involving long-tenured employees terminated without cause and asked to sign separation agreements to obtain severance pay.