#layoffs

So Kyndryl very secretively initiated Project Omni to displace US workers with ones in low cost countries like India. Someone got a whiff of it, and the project was shutdown. The resources hired/shortlisted for Omni are now being accommodated to other projects where the demand is.
Another day at Kyndryl…

Did you know that any workflow sent to ENGINE has to be run in parallel/duplicated for 6 months to 1 year by the team offloading it? Meaning for most of 2026, any ENGINE success will likely be due to their USA counterparts. It’s a hilarious sad irony that any work sent there will be 100% redundant (so efficient!!!), and meanwhile we have to manage the same workload as a year ago with 30% fewer people. Everything you hear about ENGINE over the next year + will be utter propaganda.

We have had too many years to fix the company but nothing has changed only more bad decisions by management and quality/recall issues by engineers. I feel like we are going to be the next sears. I wonder which company will buy the new corporate buildings in Dearborn few years from now. Very sad story indeed. Thanks Farley and the rest of the executive leadership team for this…

After all the talk of AI, re-orgs, non performant BUs the time for talking will end next week.
Hearing Collab is heading for a 20% haircut which is long overdue. Will be targeted mostly at high cost locations.

SMCI just ate our lunch on the OpenAI deal. We lost it strictly on price because OpenAI is finally getting squeezed on their burn and moving to a cost-plus model. It’s a total repeat of the cloud cycle where we lost the CSPs to direct ODM relationships. Enterprise AI is dead in the water—nobody knows how to actually win these accounts or what the roadmap even is. Good luck hitting quota.

Board approved Mikes request to remove employee engagement results from a compensation calculation for SOC. But enjoy bigger bonuses funded by layoffs

In January 2026, U.S. employers announced 108,435 job cuts, the highest total for the first month of the year since 2009. This surge represents a 118% increase compared to January 2025 and a 205% jump from December 2025.
Primary Drivers: Massive restructuring at UPS (30,000 cuts) and Amazon (16,000 corporate roles) accounted for nearly half of the month's total layoffs.
Sector Impact: The hardest-hit industries included Transportation (31,243), Technology (22,291), and Healthcare (17,107).
Hiring Stagnation: Parallel to the cuts, hiring plans dropped to just 5,306, the lowest January figure on record since tracking began in 2009.
Leading Causes: According to the Challenger Report, the top reasons cited were contract losses, economic conditions, and organizational restructuring. - All companies are on the same path.

All those supposedly great security and cost saving decisions by moving to the cloud without knowing what was being done or securing it made by Legg and Baich just keeps on giving... why didn't their heads roll while staff did?

https://www.malwarebytes.com/blog/news/2026/02/att-breach-data-resurfaces-with-new-risks-for-customers

Due to principles in Semiconductor manufacturing and moores law, GFs products will enter the low cost semiconductor market within 36 months.
SiPho isn’t capturing as much market demand as previous anticipated, and GaN is somewhat niche. Larger scale (7+nM) technologies will become cheap, consumer scale electronics that mostly any foundry in the world will be able to successfully manufacture. GF will scrape along for some time, missing Quarterly targets here, laying off staff there, cutting cost all the way as they try to keep investors and BoD happy. When NYS incentives run out, GF will consider being acquired by other manufacturers. My bet would be TSMC as they continue US expansion, with some potential for Intel as well. Only hurdle is US administration woes, however, GF is not an American company. This is furthermore complicated by massive deficits in skilled labor, prevalence of AI, and opportunities for robotic automation that will present themselves over the next 36 months.
Any employees considering this as FUD, ask yourself, where do you see GF in 5 years? Are things feeling concrete? Or do you feel some ripples in the water.
Costs of production are going up, which always results in profits going down, especially when producing antiquated tech.

Verizon retiree healthcare costs 2-4 times what is available on open market. The 25% retiree wireless discount is far more expensive than T-MO’s 55 plans — or any other carrier. Unless you have pension from wayyyy back or part of the union, there is no reason to stay until retirement. And they’ll rif you long before you hit mid-60s anyway. Get out now before Dan the Hatchet Man and Slam Hammock take what’s left of your dignity.

I havent heard anything happening in Ireland, any news? I see lots of OU's been hit today. Scary times ahead.

Unfortunately, it’s Toyota, not Ford.
But let us pray…

Had a 1:1 with my manager and was given a heads-up about another round of layoffs.

Money coming doesn't look very good, so Intel has to do more with less.

My manager doesn't know many details except that it's coming. Too low in the chain to be privileged with more details.

I’ve been at this company long enough to know when there is a flurry of “wellness”, “coping with change” and “making your debt work for you” optional training sessions, that many more redundancies are coming. It’s the cynicism behind this that really angers me

Reading the investors call transcript.

The CFO said the plan is going as expected and that the company should save around $490–$550 million.

What that actually means. When this plan was talked about before (back in May 2025), it was tied to cutting about 1,600 jobs worldwide. Those savings are still being worked through now.

The “one-third” comment, the CFO also said they expect to see about a third of those savings this year. That suggests the cost-cutting and likely the job cuts linked to it is still ongoing, not something that’s already finished.

So expect more layoffs soon.

Q1 employees got there notice there last day is the 10 of February. Severance packages 1 week of pay for every year. Facility is closing and moving to Fort Worth.

How could the 20 year plus employees survive this round of layoffs…Director and Manager?
Good old boy network is still alive and thriving.

Hardworking, educated, younger employees did not get a fair shake, 20 plus years of corruption…shame on you Director and Manager!

There’s a chance the next round of layoffs may affect management roles in the coming weeks.

Just saw a news report that Aetna informed Hartford's mayor of layoffs affecting 300 remote employees. Cigna is laying off thousands, and there is no news at all!! Why?

LInk below

https://www.stamfordadvocate.com/business/article/cvs-health-aetna-layoffs-hartford-21335365.php

The current layoffs are continuing at the employee level, and there is a possibility that management-level layoffs may occur in the next round.

Oracle has no public sense. Oracle twitter posting says:

The NVIDIA-OpenAI deal has zero impact on our financial relationship with OpenAI. We remain highly confident in OpenAI’s ability to raise funds and meet its commitments.

Are the layoffs still expected to happen next week?

Where are all the “JOBS” that Amazon promised would be available to the 16,000 they laid off this month? Where is all the “SUPPORT” they claimed they would provide us to find alternative jobs within Amazon? Where is the “…..WORLDS BEST EMPLOYER” support Amazon promised us? Why are all the jobs disappearing from the internal jobs site all the sudden?

This horrendous company, albeit they paid me great money and moved my family and I across the country, bait and switched me only to be laid off and unable to afford moving back to where I called home. So here I am, sitting in front of a laptop looking for non-existent jobs from hiring managers that fail to respond to a courtesy slack introducing myself and explaining why I am reaching out (basically that I’m about to be homeless) today. When they do respond back, why are they telling me the role has since been filled when it was JUST posted three days prior?! I am OVER qualified for positions I am applying for and STILL no response.

I have been with Amazon almost a year and a half. The most recent Forte landed me TT, as confirmed by receiving a copy of the letter of recommendation from my L8 supervisor. I have had three different L8 letter of recommendations sent to one specific hiring manager, whom responds back to them stating they will reach out, only to have zero interaction with said “hiring manager”.

I have been assured, multiple times from a reputable source, that I will be offered a role before the date ends, but how am I honestly sleep at night when I have yet to receive any communication. Do not think, for so much as a second, that I am an HV1/2 or even HV3, I have proof I am TT. If someone who is “valuable” to Amazon, why do they allow me to feel like that nasty urinal cake from the men’s room of a sleezy capital hill dive bar?

This is absolutely depressing to say the least, this company has me sitting here contemplating things nobody should ever have to contemplate. I truly feel like I am being buried alive with a plastic stir stick to breath from.

Wish I had someone to help, someone like myself as I help my team find jobs. Ironically, to which I have already landed 3 of my 7 direct reports with roles before their severance date ends. Meanwhile I will likely be unemployed come May since nobody is helping ME find a job. How’s that for “… WORLDS BEST EMPLOYER”?!

Posts on LinkedIn from affected workers and others at the company shed light on the cuts. Impacted employees include engineers, marketing managers, project managers, and others.

https://www.geekwire.com/2026/smartsheet-layoffs-enterprise-software-giant-cuts-staff/

The thought of this spilling into next week makes me feel sick.

It dipped again, with some post-close recovery. The positive earnings momentum lasted a grand total of one day.

No rumors have come true. So no more please.

How do layoffs be here? Do we got anything in our power to prevent them or are they just random as he-l? Is there a way to know whether we on the layoff list to save ourselves before they happen? Does our manager know yet if we gonna get cut

ISR’s now make quotes for the channel, on top of all the KPI’s they increased on us.

“You’ll get paid sh-t, be happy, or you can go suffer the job market that’s had the highest layoffs since 2009.”

I've heard rumbling that the superhero event will be canceled this year. I have to say I have mixed feelings about it. While , it's great for those who are recognized, I'm sure it cost millions of dollars to throw a party for the few hundred people who get to go. Could jobs be saved instead?

Who will be impacted?
What departments?

https://internationalnewsandviews.com/sap-layoffs-10000-jobs-cloud-ai-strategy-2026-396897-2/

I thought this might be from last year or year before but nope, just a copy paste

Designer Brands, owner of Designer Shoe Warehouse, confirmed that the company underwent layoffs last week.

The company did not answer questions regarding the number of employees or departments impacted. Designer Brands also did not comment on questions regarding whether employees were offered severance or other benefits, but did state that the company’s priority “is to support affected associates with the resources they need during this transition.”

https://www.retaildive.com/news/designer-brands-dsw-confirms-layoffs/811413/

My small team hasn't been hit yet. I'm a bit in the dark. But I'm seeing a lot of orgs getting hit, both here and overseas. I'm really sorry, everyone. It feels like we're in for some bad times. I wish the best of luck to those already let go.

Judging by the rumors, all orgs could be affected. Does anyone have any concrete details?

Rumbles of reorg and possible layoffs Any insight on this?

Maybe we think we're mentally prepared, and maybe many of us don't even like our jobs, but losing one still weighs heavy. And we all still need the paycheck. I hope everyone affected either has other options ready or gets lucky and finds a good job soon.

Any knowledge out there about what is happening with OptumRx? Any rumors about the status of the various pharmacy locations? There were stories at the end of December where they lost a significant amount of pharmacy business with CalPers moving to CVS. There were also other scattered stories about various states moving to other options for Medicaid. All that combined with an enrollment decline in ACA plans would seem like a big problem, but here it seems to be mostly Optum Health that is discussed.

The layoffs - which are expected to be permanent - were attributed to "operational changes in CVS Health Aetna's Small Group business segment," according to the letter. Layoffs will occur between early April and late July, according to the letter.

https://www.msn.com/en-us/money/companies/cvs-health-to-lay-off-over-300-remote-employees-who-report-to-aetna-hq-in-hartford/ar-AA1VKElx

Yep no notice whatsoever, called me up and let me go without any warning. Sadly, I had a feeling I would get this from this company.
#terriblemanagement #trainingsucks #inconsistantcyspeaksloudly