#layoffs

I work in optum insight. I was moved to new team due to a restructure last year.
3 other people on the team have a job title that is 1 above, so they are eligible for bonus and I am not, along with 2 others.
This means we all work very similar roles, with now more pressure due to layoffs, and I get a 1.5% raise and no RRP due to my level, while they get 5k or more bonuses plus possible merit and a bigger base salary.

Why would I ever work hard when 3 other people are getting bonuses while me and others are not? For almost identical work. It would be different if they did a different job, but with the restructuring, our jobs are basically the same now with the same goals and metrics.
I am at the point of being extremely bitter.
Someone make this make sense at all.

Bny at it again today. Targeting wfh staff again. Whose teams got clipped this time?

This place is insane! Every Monday... I can't sleep the night before and just dread this place. State Farm has absolutely no clue what it is doing. There is always a systems problem, always some update waiting to be downloaded messing up some application. Over the last 13 years the people they are hiring are just absolute trash, bottom of the barrel burger flippers. 2040 and DEI outcasts. The agent's are completely useless and cause so many issues you can barely do you job due to their meddling. Training is awful, traffic and cost of living is horrendous in the hubs and we get paid the same as fully remote workers but have thousands of dollars in additional expense. Now it's all about emotions and feelings and surveys asking you about things they never have any intention of changing. You need to better manage your health to adapt to all the stress they are going to cause and never offer anything to make the work environment better.
State Farm is like a bad dream you never wake up from and the madness never stops. Just constant organized chaos and it's hard to believe this company is even in business. I still can't believe they destroyed this once great company. This place continues to be a soul su-king sh-t hole. They are basically openly hostile to anyone that tells them their baby is ugly and keep doubling down on a completely failed business model. I wish they would offer some form of voluntary severance. Just stop the suffering. Pathetic really, JF and his minions are joke for an era and legacy that need to be removed like a cancerous growth and they just continue to stain and destroy everything they touch. Mo--ns, just absolute mo--ns!

since 10/31/25 Dell lost half its market value in the capital markets

2 DCO position's eliminated. Constant reduction and restructuring. Have has several immediate teammates eliminated as well.

It's clear they're either going to gut it or tear it down, it's just a matter of time. Why else would they have only like 3 (above ground) floors in service? It's weird hearing about how some functions don't have desks but we've got 10 empty floors in 220. This feels like a metaphor for... something.

Look out below. Market has lost faith in Arvind and Jim's financial engineering shenanigans.

My team lead, a nice guy but not the sharpest, decided to do my appraisal this morning. As usual, everything was “fine.” Lots of fluff and no real substance, except for one thing. He kept stumbling over words and mispronouncing them.

It was obvious he had no idea what he was saying. It sounded like a seven-year-old reading their first chapter book, except the words were not even difficult. It was honestly embarrassing to sit there and deal with him.

At that point, it became clear that he did not get the position based on performance.

It was pathetic. I understand using AI to clean up grammar or help organize your thoughts, but having it actually write the whole thing for you? No.

If anything, AI will replace low-level managers before it replaces the people actually doing the work. That is crystal clear to me now.

Mini layoffs have arrived, at least in building 1. Anyone else impacted?

Why aren't we complaining about the laughable 401K match or the limited medical coverage? CDW could contribute $10K to our 401k's today and that would mean more to me than a few days of vacation pay when I leave, or beef up the medical or just give reasonable cola increases? 3% isn't close to actual anything when our base pay isn't even average ---so maybe we should focus on overall benefits that would be incentives to stay.
Calling them merit raises is insulting to people who work hard for this company and get little recognition, but we always seem to find the big money to pay those directors and vp's . Cut the exec pay and use it to pay the people who do the work, then we could have less need for layoffs

Cigna no longer looks at performance anymore. You either are a stellar performer or a terrible one, if you make too much that’s thier budget they need to cut. If you make a little less they’ll keep you and pile on that other persons work they just let go. They layoff based on budget now so if you make a lot be warned.

Any location getting impacted in Tech BE? as per tim email only 14 Technology locations MDs and Ds are involved in discussions? does it mean they will cut other locations?

Seems that the only thing that might save the stock going to $60 would be a CEO announcement, on the other hand, that might just send the stock to $50. Especially if someone internal gets promoted, cause these execs here are WORTHLESS.

What does the team team team think? Team? AAR that please. LOL.

Let's just bring in another 50 ex-Cisco sellers and a few more CAPidiots. Cause we have made a strategic investment to pump you up.

Roll up, roll up. In true circus fashion this is your last chance one time entry to pick up the scraps at the bottom of the barrel. Every P.T. Barnum trick has been played and the show will close soon…. Just $1.5bn and we will put you all out of your misery.

Poudre School District's Board of Education will vote on authorizing teacher layoffs. This vote is scheduled for the 2026-27 school year. The district faces a potential budget cut of up to $17 million. Declining enrollment and reduced state funding cause this shortfall. Authorization allows the district to provide advance notice to affected employees.

https://www.coloradoan.com/story/news/education/2026/02/22/poudre-school-district-board-of-education-to-vote-on-teacher-layoffs-for-2026-27-school-year/88786496007/

https://hbr.org/2018/11/when-no-one-retires

“Yet the flawed perceptions persist, a byproduct of stubborn and pervasive ageism. Positive attributes of older workers are crowded out by negative stereotypes that infect work settings and devalue older adults in a youth-oriented culture. Older adults regularly find themselves on the losing end of hiring decisions, promotions, and even volunteer opportunities.

Research from AARP found that approxi­mately two-thirds of workers ages 45 to 74 said they have seen or experienced age discrimina­tion in the workplace. Of those, a remarkable 92% said age discrimination is very, or somewhat, common. Research for the Federal Reserve Bank of San Francisco backs this up. A study involving 40,000 made-up résumés found compelling evidence that older applicants, especially women, suffer consistent age discrimination. A case in point is IBM, which is currently facing allegations of using improper practices to marginalize and terminate older workers.”

There is no further talk of layoffs in the coffee corners.

Are we safe now? I hope so!

Take this with a grain of salt but I heard from two unrelated sources that there will be a 1K cut at the end of March with the focus on mgmt (Dirs, SVPs...) We'll know soon enough but that layer is fairly fat and this is exactly where they would get the biggest bang for the buck (and the impact will be minimal).

3/3

Class action lawsuit coming soon to Michael Dells desk for review. Count up all your revenue that is Pending Production….we have 3 months to get ever shipped out to hit our attainment to make our commission.. if we don’t hit 60%, then we owe back to Dell…
Be on top of factories and team to build and ship your product out ASAP!!! That 60% is what needs to SHIP!

I’m curious how much backlog will actually ship that will count towards the 60%.

Who cares about the 100% when 60% is what were actually needing..

Wells Fargo Workforce Transformation (2020–2026)
Since 2020, Wells Fargo has executed a dual-track workforce strategy: aggressively reducing its domestic footprint while scaling up high-end engineering hubs in India. Under CEO Charlie Scharf, the bank has shifted from a growth-at-all-costs model to one defined by AI-driven efficiency and "Global Capability Centers" (GCCs).

The Domestic vs. Global Shift
While the total global headcount has dropped by roughly 25%, the impact on the American workforce is significantly more severe due to simultaneous offshore expansion:

Global Headcount: Dropped from ~275,000 in 2020 to ~205,000 today (a loss of 70,000 total roles).

India Workforce: Tripled from ~12,000 to over 36,000 employees.

U.S. Workforce: Fell from ~258,000 to approximately 164,000.

Total U.S. Impact: A net loss of roughly 94,000 American jobs, representing a 36% reduction in the domestic workforce.

Key Strategic Drivers
The AI Efficiency Multiplier: Leadership confirmed in late 2025 that AI-native coding tools have increased developer productivity by 30–35%. This allows the bank to maintain its output while reducing domestic headcount through "natural attrition" and targeted layoffs.

India as an Engineering Hub: The bank has transitioned India from a "back-office support" region to its primary engineering center. The Tower 4 campus in Hyderabad (1.2M sq. ft.) now serves as the global heartbeat for software development and data science.

Domestic Consolidation: U.S. cuts have been driven by the closure of over 1,000 physical branches and the "flattening" of middle-management layers to reduce bureaucracy.

Financial Reallocation: In Q4 2025 alone, the bank spent $612 million on severance to facilitate the exit of roughly 5,600 workers, clearing the way for a leaner, more offshore-centric 2026.

Critical Sources
SEC Filings (10-K): Annual reporting of total headcount from 2020–2025.

Investor Conferences: CEO Charlie Scharf's commentary at the Goldman Sachs Financial Services Conference (Dec 2025).

Regional Reports: The New Indian Express and HR Katha regarding the expansion of the Hyderabad/Bengaluru hubs.

WARN Notices: Public filings in Iowa, North Carolina, and Arizona documenting formal layoff rounds in early 2026.

Recent state filings show the Sheraton in Salt Lake City has laid off 100 workers, matching trends in other states.

According to the Utah Department of Workforce Services, 100 employees at the Sheraton Hotel in downtown Salt Lake City were terminated.

https://www.yahoo.com/news/articles/100-workers-laid-off-sheraton-210057954.html

It's like everyone forgets once the layoffs are done. There's only so much the rest of us can absorb, and some things just can't be picked up at all. There's never any follow-up, no real attempt to readjust after the cuts, and zero attention to the important work that's simply not getting done anymore.

I've lost my best people consistently over the past two years. I understand that talent comes at a cost, but eliminating it is strategically unsound. We're not just watching institutional knowledge disappear, we're dismantling the very core that holds teams together. Leadership may see short-term savings, but this criterion for cuts will end up costing us far more.

Woburn-based Boston Metal is cutting 71 jobs after an industrial accident at its Brazil facility reportedly torpedoed a key funding deal. For a cleantech startup trying to move from pilot projects to full-on commercial operations, it is a sharp and very public stumble.

https://hoodline.com/2026/02/woburn-green-steel-darling-axes-71-jobs-after-brazil-plant-shock/

Fifteen-plus years here, and things have been sliding downhill for so long that I now doubt even those first couple of years. How did we hit such lows so fast? Workers have never been treated as more disposable and worthless than they are now. It feels like we're approaching the moment when the whole thing spectacularly collapses. And what a disappointing, sad career arc - a steady decline, likely ending in a layoff where your years of contribution are never even acknowledged.

Are we really looking at rolling layoffs and reorgs for the rest of the year? I don't know how anyone's supposed to stay sane through it all. With the job market the way it is, I bet everyone's panicking just like me.

Hundreds of contracted workers, alongside 54 classified employees, will be laid off from their Long Beach Unified School District jobs after the Board of Education OK’d the action during its Wednesday meeting.

https://www.presstelegram.com/2026/02/20/grave-situtation-lbusd-to-layoff-hundreds-of-employees-amid-budget-crisis/

Does anyone know any details?

The decision was announced in a press release on Thursday afternoon. In a statement, TPS claims the decision is necessary to ensure the organization's health.

https://www.kjrh.com/news/local-news/tulsa-public-schools-announces-layoffs-50-administrative-roles-impacted

What has everyone else heard?

I sure hope it isn't true, because the job market where I am is shrinking rapidly.

Are useless at this company. I keep seeing the on this forum. Why can’t they be let go first?

https://mycareer.verizon.com/jobs/r-1091108/senior-client-partner-new-logo-acquisition-network-data-solutions/

Fired so many good guys and now hiring again !

Craazzzzzzy

… between the weekend of Bandy 🤡, CB chuck, our CMO, our sales-operations-but-don’t-know-anything-head and the other EC members. Counting their money. Putting the future of the company and any thought about employees at the back of their mind. Making up a new talk-track about how everything is working, failing at every ethical measure they can, showing the world their lack of moral compass or fibre

….. and the employees who have been let-down, disrespected, kept in the dark, miscommunicated to, not sure what happens next, constant feels of dread, or knowing in that this week is the last week here, or spending precious family time looking for a new role as the Kool Aid has been drunk and people seem to think Lexmark will save us. Xerox will go bankrupt because of Lex acquisition - Xerox has been around for 100+ years but add Lexmark and the down projection accelerates.

It's going to be a bloodbath. 10% in technology.

Let's prove it, shall we? For those of you who have seen layoffs in your groups and orgs over the past year+, what percentage of those WFRs would you say were over 40?

I was told that layoffs at HouseCalls were done. Anyone else hear anything about Housecalls?