#layoffrumor

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Contractors here

I’ve heard some discussions about potential contract terminations and reductions in contractor positions by the end of this year. I wanted to reach out to understand whether there is any confirmed information regarding these changes. I would appreciate any clarification you can provide, as it would help me plan accordingly.


If Comcast announced $1B in cuts and only 1,000 jobs have been eliminated so far, are more layoffs coming?

Assuming an average annual cost of $125,000 per employee, factoring in the mix of SVPs, VPs, Directors, Senior Managers, and the company’s cost of benefits, $1 billion in savings would translate to approximately 8,000 positions.

If only 1,000 employees have been impacted so far, that would account for roughly $125 million, or just 12.5% of the announced cuts.

I realize the $1 billion in cost reductions may include expenses beyond payroll, but if a significant portion is coming from workforce reductions, wouldn’t that suggest this first wave of layoffs is just the tip of the iceberg?

Am I missing something?


Tenured employees are Corrupt but Verizon doesn’t care

Verizon has a horrible work culture, I have worked with some of the most hateful coworkers. People who have been here 20 plus years who treat others with so much hostility and disregard. I don’t even feel they think I am human. Tired of being in tears while threatening to lay off every other week while I work so hard and tenured employees do the bare minimum and pass their work off onto me without so much as a thank you


Holiday Layoffs on the Horizon? Rumors of Another Round of Cuts Nov 19th

Rumors circulating within N&T suggest another round of layoffs could be coming as soon as November 19, 2026. According to the rumors in the office, contractors are not currently expected to be affected.

The reasoning seems familiar: embrace AI, reduce costs, and improve shareholder value. Meanwhile, employees are left wondering whether their jobs will survive the next round of cuts.

There are also rumors of another round of workforce reductions beginning in Q1 2027.

At this point, it feels like an endless cycle of layoffs, with employees left wondering when the next round will come. What a wonderful holiday gift for the workforce. Unfortunately, for those who have to endure this uncertainty year after year, the constant stress, anxiety, and declining morale are becoming increasingly difficult to ignore.

Employee morale across the company seems to be at an all-time low. It's hard to stay motivated and focused on customers when the threat of another round of cuts is always hanging over your head.

We are at the constant threat of layoffs, it takes its toll. Morale, trust, and job security continue to deteriorate, and it's getting harder to see how this approach benefits anyone beyond the shareholders.


Next Round?

Anyone have knowledge if next round will take place during earnings week again? (If so, we're looking at the last week of January.)

I know next wave is supposed to be similar in size to July's. I've started to look for jobs now, but trying to better understand my timeline as not many companies hire in Nov/Dec.

They already destroyed my team, so I assume I'm gone in the next round.


Canva May Face More Job Cuts

Reports suggest Canva might be planning further layoffs or a hiring freeze soon. This follows a recent reduction of 32 employees in the technical content department. Despite strong user growth in the past year, the company has significantly lowered its revenue projections for the upcoming year. CEO Melanie Perkins acknowledged that forecasts have not met initial expectations but emphasized a commitment to an AI-driven strategy. The company has not officially confirmed these potential workforce changes.

Sydney, Australia

https://m.economictimes.com/news/international/business/canva-may-announce-another-round-of-layoffs-in-november-report-claims-hiring-freeze-also-possible/articleshow/135466815.cms


Hopefully, that's it for the year

I'm going to be optimistic for a change and believe that we've have our fair share of layoffs for this year and that November and December will be layoff-free. Usually I'm the local Debbie Downer, but I'm honestly too tired right now. I need to believe we'll get at least two months of reprieve.


Is it this week or week of November 9 for the Thanksgiving harvest?

Have heard different stores from people. Sounds like it’s going to be next week at this rate if nothing has been sent out already. Having been through these year after year, one starts to recognize patterns

Closer it gets to Thanksgiving - the more of an infamous nickname they are asking for

The last supper? Thanksgiving harvest? Possibilities


Virgin Media O2 Plans Major Job Cuts

Virgin Media O2 is reportedly planning significant layoffs as part of a broad restructuring initiative. The company aims to reduce operating costs through these measures. Approximately 4,000 employees, or about a quarter of its workforce, may be affected. These redundancies are expected to primarily impact non-customer-facing roles. The company has not officially confirmed these plans.

London, United Kingdom

https://www.ndtvprofit.com/business/virgin-media-o2-layoffs-up-to-4-000-jobs-at-risk-in-major-restructuring-report-says-12263534


I wish it was Monday

We all know it won't be, but for me, the waiting is worse than potentially knowing I was laid off. If I'm getting shown the door, I'd much rather know as soon as possible than have to stress about it for another day or two. And if I'm not getting laid off, then this is just ruining our mental health for no good reason. So yes, I wish it was sooner rather than later.