#layoffs

Advice for early in career here? Seeing lots of chatter about layoffs and it’s really discouraging to feel like Cisco is not a place I could grow my job. How would I know if I’m on the chopping block?

The CEO is a complete mo--n.

Or just us, the lowly peons?

Narrowly escaped the cuts from last year. Any word on severance packages for these rounds?

I just got informed I am impacted and last day will be 12/31.

Do we know if and when Skydance will offering voluntary packages again and if that will include Paramount or just Warner Brothers Discovery?

And yet I don't know if I'll be let go this week because even when they say cuts are based on performance, we all know by now it's anything but true. It's sad that these days, being good at your job means basically nothing here.

Not a fan of the midnight email, or the “timing will vary” messaging around the upcoming layoffs.
Anyone hearing any swirl in their departments?

Even if you aren't happy with your job at DXC, having a paycheck right now is something to appreciate. Finding a new position is much, much harder than you might expect.

At this point, I'll be honest, being laid off would be a relief. This is not the company I joined 14 years ago. I used to love my job, and now I'm miserable most of the time. I wish I could volunteer. Maybe that would help save the job of somebody who actually wants to be here.

So much contradictory info on this.

For the past several weeks my LinkedIn has been flooded with layoff posts. The industry seems to be in the cutting mood and that doesn't bode well for any of us. I'm really worried about the future...

Circling above...

Does anybody know more about this?

This morning According to BizJournals, Humana eliminated positions recently.  Didn’t say how many but they would not bothered to have reported if the number was inconsequential.

“ https://www.bizjournals.com/louisville/news/2026/10/26/humana-eliminates-some-positions.html”

It’s not foolproof but might give you an idea if you’re on a list

I hear there might be layoffs this week, I become hopeful I'll be among the lucky ones to get a paid ticket out of this place. Long gone are the days when I was worried about layoffs. You know, the days when we were actually a good company nobody would want to leave. Now most of us can't wait to get out.

Buckle up.

Hi has anyone received their bonus? I got the severance without the bonus two weeks ago. No info from Centene.

10/26 Layoffs Tracker - Let’s keep everything in one place rather than 20 different threads. Post information you’ve heard/experienced here. Please be detailed (anonymously of course) if possible, IE position, region, etc.

Good luck to everyone today.

when was it confirmed layoffs will start today?

Thursday is the 29th.. Will it be this week for Home and Community?

I start my week by visiting here to see if there are more rumors of layoffs for the coming days. Every single Monday this is the first thing I do. If you told me ten years ago this would be our reality, I would have laughed in your face.

If this is strictly about money and not performance/experience, aren't they going to be the primary target?

The announcement that there would be no more LTIP for anyone below the T6/Director level, delivered shortly after Roman’s retirement, was admirably clear: if you’re a worker bee, don’t bother dreaming about LTIP. That nectar is now reserved for the management hive only. Why? Well, let’s consult the sacred tablets of hard data.

Over the past 15 years or so, promotion velocity in management has been running at roughly 1.5 to 2 times the speed of the bench. You know, the people actually doing the messy little work of inventing the technology and shaping the product ideas ! Meanwhile, every Tom, Di-k, and Susan who somehow managed to ditch the bench ( mostly utter failures as technical folks) , then climb into management after hitting T4 or T4.5, can apparently fast-track their way to Director in 12 to 15 years with astonishing efficiency. A kind of corporate alchemy, really.

By contrast, if you remain in a nonleadership role ; 3M’s charming euphemism for “the people still making things happen”, then after 15 to 20 years, your reward may be a T5, if the stars align and the universe feels generous. And for the tiny fraction, perhaps 2 to 3 percent, there is the distant and glittering possibility of reaching T6 or above, where the LTIP finally appears like a mythical prize at the end of an especially uneven race.

Unless this issue, among several others, is addressed, morale will continue its slow and consistent descent. It would hardly be surprising if Q2, Q3 2027 brings a lively exodus from the T4.5 to T5 ranks. Perhaps a little alarming attrition will finally send a message to the highest levels..... much like during Covid, when a wave of technical talent left 3M and, quite sensibly, never came back. To its credit, 3M eventually did learn something from that episode and made promotions a bit easier from T3 to T4 and T4 to T4.5. A touching example of institutional memory, however briefly it may last.

@15y+1m5adfe2d said it perfectly.

Any updates for Sky employees under Global Product org ? We’ve been completely left in the dark about what’s going to happen to us. Are engineers within Sky’s Fraser division likely to be affected more , given that this division is moving to Comcast?

Really? Same play for EVERY company that they su-k millions of dollars from over and over again to be the fall back villain so the ELT have someone to blame. SAME play for years. McK and Bain are the worst. And yet, no one notices that it’s the same play for every company layoff year over year? Insane. Has anyone googled the corruption against these companies? Oh, it’s real. Yet, a scapegoat matters more than our jobs.

Here's the article in 6 bullets:

• More layoffs: Volvo Cars will cut about 2,500 more jobs, roughly 6% of its global workforce, with 2,000 of them in Sweden. This follows 3,000 cuts earlier in the year, and the reductions should be finished by mid-2027.
• Savings goal: The company is aiming for around $500 million in savings as it faces stiff competition, softer demand, tariff headwinds and squeezed profitability.
• Weak results: Volvo's third quarter disappointed, with operating losses growing and cash burn doubling from a year earlier. Its shares dropped about 24% to a record low.
• China pressure: CEO Hakan Samuelsson said Chinese buyers are increasingly choosing domestic brands, so Volvo (owned by China's Geely) plans a more regional strategy with greater local autonomy and China-specific models. He noted that weak US and Chinese performance means about half the business isn't contributing to profit.
• Turnaround measures: Volvo will slim down its central administration, work more closely with Geely on software like infotainment and driver assistance, and launch 13 new models by 2030, including three next year (two built for China). Further cuts haven't been ruled out.
• Industry-wide slump: The restructuring reflects a broader auto downturn, with BMW weighing management cuts and Volkswagen approving another 50,000 job reductions.

https://www.ndtvprofit.com/business/volvo-plans-2-500-more-job-cuts-after-3-000-layoffs-targets-500-million-savings-12230852

https://www.bizjournals.com/losangeles/news/2026/10/23/netflix-mass-layoff-sunset.html

• 3,500 jobs eliminated: American Express plans to cut approximately 5% of its global workforce.
• Profits surge 28%: Q3 2026 net income reached $3.71 billion, despite planned layoffs.
• Revenue grows 9%: Quarterly revenue climbed to $20.06 billion, reflecting strong customer demand.
• AI drives restructuring: Executives cited automation, efficiency, agility, and preparation for artificial intelligence.
• $336 million restructuring charge: The company recorded significant costs associated with organizational changes.
• Customer spending increases: Average quarterly cardmember spending rose 5% to $6,375.
• Earnings outlook improves: American Express raised its full-year adjusted EPS forecast to $17.60-$17.90.

https://americanbazaaronline.com/2026/10/24/american-express-to-cut-3500-jobs-despite-28-profit-surge-490669/

AI will not create more jobs. The temp hiring of resources is solely to build out the AI infustucture for the company. You are being moved to infinite because your services and expertise is only needed temporarily and they don't wantvto pay you a severance or unemployment when they let you go. Bottomline have a backup plan.

Initial unemployment claims just hit 194,000, near a 57-year low, but employers added only 29,000 jobs in Sept. Companies aren't laying people off in large numbers, but they're barely hiring either. Only two states showed meaningful job growth last month. If you have a job, you're probably staying put. If you're unemployed or trying to switch companies, good luck finding anything decent. This might actually be worse than a traditional downturn for job seekers because there are so few openings and nobody knows when hiring will pick up.

https://finance.yahoo.com/economy/articles/layoffs-near-57-low-why-132710835.html

Ever since I joined this circus of a company 15 or so years ago I have been treated badly. From day one I had haters ploting and talking bad about me. One if the engineers told me wow you really are helpfull and nice. I asked why he said that and was told someone told him I was bad news. Every thing I did was questioned and challenged. I had to fight hard to improve things and inovate. I fought back and was labled a trouble maker. I was piped in my ninth year and I believe it was for pointing out mistakes the group was making. I barley passed the pip and was warned not to make any more waves if I knew what was good for me. I bit my tounge for the past few years and managed to stay afloat. I was offered a move that was supposed to advance my caerer and I had no choice. I was moved into a more dysfunctional competitive group that was pure he-l. No one helped, conversated or interacted with me. It was very cut throat and evil. I dropped to ni last year and to nsi pip this year. I was told bluntly by the supervisor there was no way for me to pass the pip and I should take the pil or retire. I told the sup I wanted to try the pip and they reluctatly started it. The pip was impossible with changing metrics and objectives. I have till early december to complete the pip. I will retire and leave this he-l hole before then. I found out that I was moved in oreder to get rid of me. My former supervisor conspired with my new group to set me up to fail. It was all planned from the beginning. Exxon is an evil corporation and the employees are the worst types of humans. I barely made it to retirement and my enemies did not want me to make it. My 15 years at exxon have been the worst experience of my life. Itv was even worse than my divorce and battle with cancer. At least my lawyer and doctors were on my side. Exxon has been nothing but misery to me from the start to the end. My payout is a measly 310k from the pension because of the intrest rate. I hate exxon with all my heart and soul.

Taking multiple data points into account, including secondary factors such as current stock price, outlook, presumed Q3 results, event success and numerous other factors, AI states there’s a 77% chance we’ll see one more round of layoffs before the end of December, and a 92% chance we’ll see layoffs by the end of January.

I feel that being a contractor at Comcast might actually be better than being an FTE, especially given the recent layoffs. I’m not sure why Comcast is laying off full-time employees while retaining contractors. It makes me wonder whether contractors currently have better job security than FTEs.