#layoffs

During open enrollment last year, HR announced that the company would discontinue our previous mental health plan (Chevron Mental Health and Substance Use Disorder, MHSUD). This change meant that employees and their dependents who were receiving behavioral health benefits via MHSUD would be forced to obtain mental health coverage via one of the medical providers that we selected (Kaiser, Anthem, Cigna).

The HR email alerting us about this change very casually claimed that “the kinds of behavioral health services covered will generally remain the same” and that “costs may change.” Well, that was quite THE understatement!

I find it truly unconscionable that our ELT, who obviously had to have been presented detailed cost impact scenarios showing the devastating impact to employees, willingly chose to implement this significant reduction to our mental health benefits. And they did so knowing full well that people would be struggling even more as a result of the layoffs and reorg.

Since not everyone might have a need for these benefits (consider yourself fortunate), allow me to paint you a picture of the shocking financial impact that our family is facing.

We have the Anthem PPO. I originally called them to find out the per-session fee for this year. They initially stated $0 copay or coinsurance. That did not seem possible, as we used to pay $13 per session last year through the MHSUD plan. I called back, and Anthem stated that our cost would be 40% of the billed rate.

Assuming a weekly session, below is a cost comparison of old vs. new coverage:
— MHSUD cost = $13 x 52 = $676 per year
— Anthem cost =
— $1,000 deductible (we had not spent anything towards the deductible); this covers 100% of our out-of-network therapist’s fee for ~7 sessions at roughly $152 per session
— for the remaining 45 sessions this year, we expect to pay 40% of the therapist’s $152 fee; therefore a total of about $2,750
— that makes our total out of pocket expense for mental health benefits this year ~$3,750
— that is an increase of ~$3,074 (over 455%!!!) vs. the $676 under the old MHSUD plan

My question to MW and whoever else was involved in this decision is how can you possibly justify so callously reducing your employees’ mental health benefits and so drastically increasing their financial burden? Have you NO shame or compassion or, at a minimum, any interest in keeping your workforce mentally healthy?

We’re not talking about frilly perks here. This is MEDICALLY NECESSARY care. Mental health benefits are CRUCIAL in some cases to keep people from inflicting self-harm and possible su----e.

I am beyond disappointed in this company and its senior-most leaders. Somewhere along the way, greed took hold, and for the sake of shaving a few million off CVX expenses, you abdicated your responsibility towards the human beings you employ and their families.

To think that anything will change because of this post is utterly pointless, I know. I feel better at least having documented this egregious display of callousness from MW and the entire ELT. It might be good for all of us to remember that mental disease does not discriminate. Someday it might be you or one of your family members to suffer a mental health crisis. Ask yourself: are you proud of MW’s behavior? Do you feel his and the ELT’s decision about our mental health benefits is justified?

GA showed up to the Salt Lake this week while many of the long term team were out of the office. Why were they taking pictures and counting desks? Are they on a mission to shut down the office??? There are now 25+ open seats with 5 remaining people in the location, so one cannot expect that they are looking to keep the doors open. Did not the branch have several physical security issues earlier this year? Did not zone and regional leaders visit the site just last week in an attempt to settle the team down in the wake of another long term leadership departure? What’s happening to our company?

https://www.thelayoff.com/post/@OP+1ktmsca1x

Eye opening! It shows how toxic UHC has become

This is a post regarding a specific je-k I have to see every damn day I go into the office.

I see this scrum master who literally says he took the role just to do nothing all day. He laughs at me since I’m a software engineer, saying stuff like “haha I make more money than you to do less work”. Has a snarky attitude. Just walks in like he owns the place. This is someone who made a reputation for himself for being a lazy person. People on his own team call him a slacker often. He’d literally put his feet up on the desk he’d sit at.

I can’t say too much because he belittles me in front of other people, so I can’t say too much without giving away who this is. But I doubt anyone knows this. Every day when he’s at cafeteria, he order a T bone steak, and walks back to his desk with a styrofoam tray that has the said T bone steak. I used to be able to walk away from my laptop when my workload wasn’t too much. Once every 2 or 3 months for that time period that my work was easier, I’d come back to my desk, and guess what I’d see on my desk? An eaten out of styrofoam tray, with a gnawed on bone of a T bone steak inside of it.

He doesn’t do it anymore so I don’t think I can report it to anyone. I thought about reporting every time he did that or taking pictures for evidence. But I was always afraid of “snitching” or being seen as a problem for reporting the bullying. So, I just dealt with it. I don’t leave my desk at Fidelity (due to workload). I don’t want him to speak with me but he acts like everything is ok and he’s the best thing to ever grace this company. I’m one of the only people that are fine with myself coming into an office for RTO, but he made it so insufferable.

He’s a scrumbag. Why can’t he just get laid off? I thought he was surely gonna be gone but he’s still here. He’s a damn cockroach. Better yet, why can’t I get laid off so I can be free and find another job while getting severance pay? Why can’t we just see him lose the job where he does literally nothing all day, or get demoted to a role where he makes even less money, and realizes he’s sc--wed himself.

I know we have many people who are lazy at Fidelity, prior to the sheer burnout from RTO. But how many people here are THAT level of crude? Smh.

I’ve never seen a CEO so completely disconnected and miss the message employees were trying to send.

Thousands of employees were saying the same thing- morale is declining, flexibility matters, talent is leaving, and five-day RTO is making a bad situation worse.

His response? Employees were told they’re wrong, he’s not, and there “might be a disconnect between you and your current professional choice.”

What really stood out was the characterization of the feedback as “more outliers than we’d like.” … Outliers?

When it’s most employees saying the same thing, it isn’t outliers at all. It’s the majority. The same concerns were being raised across all organizations, teams, and locations. That’s not an “outlier” problem. That’s a leadership problem.

The email read like someone who was genuinely shocked by the feedback…. But maybe that’s the real issue. When you’re surrounded by direct reports blowing smoke up your a$$ telling you everything is working, everyone is aligned, and the policy is a grand success, eventually you start believing it.

Then one day reality shows up in a survey and your mind is blown.

What made the email so damaging wasn’t just the double down on policy. It was the authoritarian mindset behind it.

Instead of asking why most employees felt the same way, he seemed determined to explain why employees were wrong instead of him. Instead of adapting, he doubled down. Instead of listening, he lectured. Instead of taking responsibility, he shifted the blame back onto employees.

That’s not leadership.

Leadership is about recognizing when a decision isn’t producing the intended results and having the humility to change course. What we’ve seen instead is a stubborn refusal to acknowledge reality and accept responsibility, no matter how much evidence piles up.

Since Stankey became CEO, the stock has delivered a negative (-25%) price return. Morale has deteriorated to all time lows. Talent continues to leave. Outside rankings of culture, morale, talent, future readiness place AT&T at the bottom of its peer group and near the broader field bottom as well.

Yet somehow employees are still treated as the problem.

At some point, the board has to ask a simple question- if the strategy is working, where are the results?

Employees are paying the price for decisions they didn’t make- longer commutes, less flexibility, less take home pay, lower morale, increased uncertainty, and the departure of talented peers.

The company doesn’t need more presence reports, more mandates, or another angry manifesto explaining why employees are wrong and to blame for the company’s failures. It needs a leader who listens, adapts, and can admit when something isn’t working.

The most dangerous thing a CEO can do is become so convinced of his own correctness that he stops hearing what everyone else is telling him, and that’s where we are. That’s the disconnect employees have been talking about all along.

All the hype about heads rolling today in Boston and Everett - any cuts or was it all talk?

It is very depressing as there are some very good people going because they asked to. Why can’t the organization organize themselves to get rid of dead wood instaesd of not creating an environment where talent and good people feel comfortable.

The next set of layoffs are scheduled, July 15th, Sept16th, Nov 18th and Jan. 20th. AI is suppposedly going to replace all of the those roles. The rumor is a 25% headcount reduction globally.

Will there be more cuts next week?

Were there layoffs in CRIU QC in Tampa?

Thats gotta be a great sign huh? Losing billions, needing to cut prices, and pushing a desperate hail mary IPO.

If we are saving humanity and curing cancer, why are they cutting prices before even figuring out how to make a single penny in profit?

https://www.instagram.com/reel/DUu3O7YkxMO/?utm_source=ig_web_copy_link&igsh=NTc4MTIwNjQ2YQ==

Good luck guys

7/7/2026

People are leaving for competitors every single week. And the company isn't offering them better pay or any incentive to stay. Not even a conversation. With others being kicked out through layoffs, where does leadership think that will leave us in a few years?

California Academy of Sciences employees rallied at San Francisco City Hall. They called for the San Francisco Board of Supervisors to audit the Academy’s finances. This follows several rounds of layoffs over the last six years. The most recent layoffs in April affected at least 38 union members. Former Executive Director Scott Sampson stated these actions were necessary to reduce expenses and eliminate deficits. Union president Teddy Vollman noted their proposal for executive pay cuts was refused.

San Francisco, California

https://localnewsmatters.org/2026/06/12/sf-california-academy-sciences-workers-rally-layoffs/

Is there somewhere I can look it up?

We used to see financial analysis of Oracle after earnings in this channel talking about layoffs. Any thing happening ?

We finally got approval for a role on the team. How am I going to pick when I sit in on interviews? The worst candidate. With the mandate that someone has to get does not meet I’m not going to help select the best candidate that might knock me into that category for future layoffs. So for people trying to transfer to a new role internally be aware that people are actively hiring fall guys.wouldn’t it be great if we could actually hire the best person so we could do good work?

Is there a single position right now where you can just work and not spend half your energy worrying about being let go?

FY2027 layoffs have officially started

Listening to higher ups on their going to this country or that country is ridiculous. Constant layoffs, taking away tools needed for some roles makes it seem like a waste of budgets for the higher ups to be jetting all over the globe. These in person meetings could have been a Zoom and saved $.

Outsider looking in, little odd they’ve had a posting for a position, it disappeared and then less than a week later another is posted. Context being always rumors of a less than stable group over there and some toxic management… had considered applying, but now I’m curious about morale. Anyone know how pay is? Low relative to midland based peers, but still passable?Thoughts?

Wayfair Layoff for Global Partner Retail Enablement was made today. Unsure how many were impacted, but roles across Cross Journey Operations and Analytics were impacted today. Apparently not considered a "RIF" since it was a smaller headcount.

Today I learned I am going to the bench in the US. Been a manager with IBM/Kyndryl for 18+ years and also forced to tell at least 6 of my employees so far they will also be moved to the bench. Bridge has to cut >$5m from the budget, overall CTO much more. Employees impacted in the US, India and Costa Rica as I know currently. All while they hire more VPs and pay huge stock dividends to the execs and tout the company has made the top 100 most loved workplaces that prioritize respect, care and appreciation for employees at the core of their operations..... I don't think so

I've heard the rest of the year will be bad when it comes to layoffs. We won't see a slowdown but the opposite. Can someone tell me I'm wrong? Please?

https://www.sentinelandenterprise.com/2026/06/12/community-healthlink-to-close-127-layoffs/

How many of you wish they were laid off already?

Every time there's a layoff, they let go of the people who've been around the longest and know the most. The ones who can solve problems in five minutes that take new people five days. Then a few months later they realize the work isn't getting done anymore. So they hire two or three people to try to do what that one person used to do. How is that good for business?

My LinkedIn feed has been filled with pictures and comments about how great the Oracle kickoff was in Vegas this week. Followed by posts and repost of great economic news of a record year of sales.

Am I the only one who finds it offensive that in the face of tens of thousands of people laid off since August of 2025 that our former coworkers and executives celebrated what appears to have been an excellent year while those impacted by the layoff, got to watch both big spending in Vegas and outstanding numbers.

I understand they made a big deal out of the fact that partners footed the bill for the most part for SKO, but the optics are terrible and probably not 100% true.

My last comment would be that for rank-and-file employees that do not benefit the same way that say the new CFO , the C-Suite or other senior executives do reposting that material is hilarious. Don’t think you’re anything more than a name on a spreadsheet.

What it really is is just a stark reminder that these types of companies just keep moving. Meanwhile terrible severance packages versus Meta and longtime employees trying to figure out what happened and why they’re on the outside.

The fact that they went forward after all that restructuring with the week that they did says it all!!!

Looks like the DTO LT has been recently informed of the layoffs planned for later part of the year. The DTO LT themselves are in danger as there will be multiple mergers and hence job losses at LC and higher JG levels! Not complaining as I clearly see roles force fitted that need to go. But, it's the 3rd major restructuring in last 2 years that could have been actually done in one go during TOM.
Not sure when will this stop!

Any more insights from anyone about what's going to happen at mid and lower JG levels?

Reports have shown that the average data center has a turn over of 7 years. After 7 years, you either add to, scale out or build a bigger better revamped datacenter. For AI, the estimated average is every 2-3 years at 1 billion (or more) each time.

Companies are now looking for ways to back out of it after already throwing 500 million or more into it without looking like it was a mistake. Dare I say they are using AI in order to try to figure out the best spin control to justify pouring money into AI and NOW trying to back out of it. LOL

Is or does Citi fall into this category? I dunno but I do know that other companies are pumping the brakes just a bit and are looking at exit strategies.

“$DELL NEW SEC FILING SHOWS MORE LAYOFFS ARE COMING

In March we reported Dell quietly cut 11,000 jobs. The new 10-Q covers the 13 weeks after that. It sped up.

$227M spent on severance in 13 weeks, up 75% from a year ago. $242M is already set aside for severance not yet paid.”

The discussion stems from Dell’s latest Form 10-Q, filed June 9, which provides an update on the company’s financial performance and operational outlook. The filing shows Dell recorded $227 million in severance-related expenses during a recent 13-week period. The amount represents a sharp increase from the same period a year earlier.

The company also disclosed that an additional $242 million has been reserved for future severance payments, a figure that has fueled speculation that more workforce reductions could be ahead.

The filing follows reports that Dell eliminated roughly 11,000 positions earlier in the fiscal year as the technology giant continued efforts to streamline operations and reallocate resources toward faster-growing segments of its business.

Alongside the quarterly report, several insider-related filings were submitted to the U.S. Securities and Exchange Commission. Forms 4 and 144, filed on June 8, disclosed changes in beneficial ownership and planned sales of restricted stock by company executives. Another Form 4 filed on June 9 by Silver Lake Group detailed a transaction involving Dell’s Class C common stock.

The workforce-related disclosures come as Dell experiences rapid growth in its artificial intelligence and infrastructure businesses. The company reported that revenue from its data center operations surged 181% year over year to $29 billion. Much of that growth was driven by demand for AI-focused servers, where revenue increased 757%, underscoring the industry’s ongoing investment in AI computing infrastructure.

READ: Dell shrinks workforce by 10% in fiscal 2026, annual reports show (March 17, 2026)

While the filing does not explicitly announce additional layoffs, the size of Dell’s severance spending and the substantial reserve set aside for future payments have prompted renewed scrutiny from investors and market observers. The company has not publicly detailed any new workforce reduction plans beyond the restructuring activities already disclosed.

As Dell continues to expand its AI and data center operations, the latest SEC filings showcase the balancing act many technology companies face as they invest aggressively in high-growth sectors while reshaping their workforce to support those priorities.

https://americanbazaaronline.com/2026/06/10/dell-sec-filing-signals-more-workforce-cuts-as-severance-costs-climb-482584/

Their intentions are clear, they want to replace as many people as possible with AI.

https://finance.yahoo.com/sectors/technology/articles/ai-productivity-gains-precede-expeditors-141311489.html

What a load of Rahul, no growth till 2029, that's a massive 12 years after the birth of DXC, and 6 years after Rahul took over, another 3 years away from now. Rahul thinks his swung another $80 million in pay but Wall Street is never going to buy it that far into the future. Watch the share price at $4.

ServiceNow recently laid off hundreds of employees. This organizational restructuring aligns talent with its AI focus. A source confirmed a three-figure number of roles were eliminated. Affected functions included sales and product marketing. The company continues to invest in AI capabilities and new talent.

https://www.hrkatha.com/news/servicenow-cuts-hundreds-of-jobs-as-company-cites-ai-efficiencies/

With our app counts down, MLA negotiations not going well with one carrier, and backfills not happening, has anyone heard of any more layoffs? A small one seems likely to me after the earnings call.

Guys when we are capable of doing great things then why should we stay here? I literally felt employees here are value less. A lot of changes, every email from Dan seems to be like " Thank you for the work you done till now " . Had already started my preparation. Lets start and let's move.

Eko announced layoffs at its Bentonville facility. The article provides no details on the number of employees affected. It also does not state the reasons for these job cuts. Further information regarding the layoffs was not included. The report is very brief.

Bentonville, Arkansas

https://www.nwahomepage.com/video/eko-announces-layoffs-at-bentonville-facility/11876234/

Lovelace Health System confirmed cutting 43 employees from its workforce. These layoffs primarily affect administrative and support roles. This represents about 1.6% of their local workforce. The health system cited rising costs and a challenging policy environment. They also mentioned shifting payor dynamics as a factor.

Albuquerque, N.M.

https://www.kob.com/news/top-news/lovelace-health-system-cuts-43-employees-amid-challenging-policy-environment/