#layoffs

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NOV Values No One

I worked at National Oilwell Varco for nearly three years and gave far more than was ever asked of me. I consistently worked overtime, stepped up whenever needed, and sacrificed my own time to support the company. That dedication meant absolutely nothing in the end. There is no real path for growth here—no clear outline for advancement, no meaningful raises, and no incentive to actually perform at a higher level. Unless you are part of the “good ol’ boy” club, you will remain stuck in the same position indefinitely while promotions are handed out based on favoritism instead of merit.

I was passed up for a promotion in favor of someone who left the company for an extended period of time and was simply allowed to come back and leapfrog others who had stayed loyal and continued to carry the workload. When layoffs came, the decision was not based on skill, value, or contribution, but on a so-called “totem pole” system. This is especially insulting considering I was part of a very small team and knew how to do everyone’s job, making me far more valuable than others who were retained.

To make matters worse, the company chose to lay off someone who showed up every single day, never abused time off, and consistently did the work, while keeping employees who regularly burned through PTO, had attendance problems, and had even been written up for not showing up. That decision alone speaks volumes about how NOV truly operates.

National Oilwell Varco does not live up to the values it proudly claims to stand for. Loyalty, hard work, and accountability are clearly not rewarded here. Instead, favoritism and internal politics determine who moves forward and who gets pushed out. I genuinely hope the company collapses or is completely sold off to another organization that actually values its employees and operates with integrity—because in its current state, NOV does not deserve the people who give their time and effort to it.

#Accountability #Attrition #BadLeadership #Culture #Layoffs

Will we lose Illinois Medicaid contract?

MCO bids for 2027 went out recently. Any word about whether or not BCBS will be losing their contract with the Healthchoice Illinois program? The plan has been underperforming in a lot of metrics compared to the other MCOs. Wondering if I need to be looking to avoid future unemployment...

#Health #HealthInsurance #Illinois #Layoffs #Unemployment

Dans PayPal-Honey Conspiracy?

Don’t know if anyone has seen the videos but there’s a big potential criminal case forming against PayPal and their subsidiary honey for multiple charges in more than 20+ class action lawsuits. Honey was acquired by PayPal in 2019/2020 for $4 billion when Schulman was still CEO. Investigative journalists have brought to light dirt on both sides primarily due to Honeys practices which now trickle under the PayPal umbrella/leadership.

Do you think this potentially is the reason some higher ups at PayPal are getting a free ticket out and coming here in case any action gets taken against PayPal? Does this question the new leadership at VZ?

#Acquisition #AdviceToManagement #CorporateCulture #Layoffs #Leadership

Top 4 Executives Receive Compensation Agreements through 2029

So apparently the top 4 execs have received extensions of compensation agreements that would pay them through 2029 in the event of separation or acquisition, yet everybody else is being offered what? Three Months? Nothing to see here, move on. Remember we're an *All Weather Team". https://www.tipranks.com/news/company-announcements/cdw-expands-credit-facility-and-renews-executive-protections

#Compensation #ExecutiveBonus #Layoffs #Severance #Transparency

Sales Re-Org & Consolidation - Get Your Resumes Ready

Looking into 2026, there is alot of chatter around yet another sales reorganization, one that is more aggressive and drastic than any we have seen in prior years. Look back at the investments that have been made in both New Brunswick inside sales in addition to the Texas based inside sales offices - neither are by accident.
I've heard a few different "values", but what's consistent is the message that more customer relationships will be moving to both the Canada and Texas inside teams, with only customers billing in excess of $75,000 annually ($6,000 monthly) staying in the field.
I don't have specific insight into what this means regarding manpower , but common sense would quickly say that there is a large reduction coming into the sales organization - reps, managers, and specialists.

Is anyone else hearing anything more on this topic?

#Consolidation #Layoffs #Reorganization #Rumor #Sales

CFO Change

In a surprising move, our CEO has appointed a new hotshot CFO with a global business background, replacing a seasoned executive with years of experience at MPC and MPLX. This change could be a response to performance concerns or may signal a significant shift in company strategic direction. If the latter is true, it raises the question: Could more long-standing MPC/MPLX employees face a similar fate in 2026?

#CFO #Change #Company #Layoffs #Leadership

Severance pay timeline

First, I asked my supervisor and HR and no clear answer so I am asking here as many of you got severance. Does the payment come on normal pay cycle (6th, 21st), I was surplused in November and no check yet, I got denied unemployment because Company listed I got severance but nothing yet, bad time of year to have no pay, severance would help, job searching tough. Appreciate any input

#Company #EmployeeRights #JobSearch #Layoffs #Severance

What planet are you guys on?

Way too many woe is me post, I never saw it coming posts and how can they do this posts.

What world do you live in where a company has your best interest at heart?
Let’s level set. Citi has never cared about their employees, its all about the bucks.
Citi never takes into account your feelings on no promotions, no raises, no bonus’s or layoffs. It’s about the number and perception. How does it look to the shareholders is all that matters.

Quit acting all shocked and surprised if you get the axe. Always assume that you WILL be let go, its just a matter of time. This puts things into perspective and helps you prepare.
It’s just a job guys. Its not a religion. Its unwise to bank (play on words) your whole future on always working here forever or I’ll always be getting a raise. Just remember, they could care less about you. You are a commodity, an asset to be used and discarded at will. By Citi’s own actions, you’d think you’d have caught on by now and have realized this.

#BadLeadership #Culture #EmployeeRelations #Layoffs #WorkLifeBalance

Glad to see changes

Glad to see changes . About time we made an extreme pivot.

  1. 56 percent DEI
  2. Failed macro strategy of increasing price plans when post covid people has lesser disposable income.
    3.Blanket outsourcing without thinking
  3. Open checkbook on failed investments without strategic direction
  4. Failure of chief revenue officers to create organic revenue for the last decade . A
    Few were let go after warming seats for a decade.
  5. Incapable of lobbying with FCC for negotiating on spectrum auctions resulting in paying premium that put VZ in further debt .
  6. Hibernating chief strategy officer. Does anyone remember the name.
#Change #CorporateStrategy #Diversity #Layoffs #Management

Thank you Dell for laying me off

You know how they say “it’s a blessing in disguise”? That’s what a layoff at Dell is. It’s a blessing actually.
If you want actual work, growth, no-nonsense culture, it’s better to run away from Dell.
Recently I joined a new company after my layoff and I am so happy with my work now. I actually have some growth opportunity .

#CareerGrowth #Culture #EmployeeRelations #Layoff #Layoffs

Will layoffs at support center save or sink the company?

AI can be very helpful if used correctly. Lot of talk that it can replace human workers. That is absolute garbage.

AI helps you do your job better. I am choosing words carefully and not saying faster. Before AI, it was hard to achieve required quality in given amount of time to complete tasks. Now with AI, you have an opportunity. You can and should still take as long as you were but use AI to achieve the quality. With AI, you have to use lot of review/refinement cycles to get to desired quality. It takes time but you can achieve really good quality deliverables.

So I say layoffs based on thinking AI will replace humans will just sink the company. But the new year is on the way and talks about 50% or 70% layoffs are surfacing. I say if they don’t think it through carefully they are highly likely to sink the sinking ship faster than fixing it. The company they paid $10 billion for, may just become 3 billion with 70% layoffs.

#Company #Layoff #Layoffs

2026 AOP

1) Rebrand everything else with new logos
2) Push aggressive pricing to juice short-term revenue
3) More layoffs, because Layoff.com needs traffic
4) Double down on digital investments with no payoff
5) Sell parts of the business to fund all of the above

Happy holidays!

#Holidays #Company #Layoff #Layoffs

Another round of layoffs in Q1

There’s been some speculation about another round of layoffs, and unfortunately that speculation is accurate. Another round is coming soon. The core issue is pretty simple: we’re losing customers and we can't increase prices any more. When revenue isn’t growing—or is actually declining—cost cuts become inevitable.

Video has been in long-term decline for a while now. Traditional cable TV isn’t coming back, and 5–10 years from now it’s likely a dead product. The uncomfortable reality is that cable TV is still Comcast’s largest revenue stream. When your biggest source of revenue is in structural decline, the downstream impact is unavoidable.

Broadband is also under pressure. DOCSIS 4.0 isn’t delivering the results that were hoped for, and customers are increasingly choosing fiber instead. DOCSIS 4 can be talked about all day, but the reality is that customers now have real alternatives—and many are choosing fiber because it’s faster and often cheaper, or FWA because it’s easier to buy and use.

Voice (landline) is obviously a dying product, and the organization supporting it is still far larger than the business justifies.

Wireless is selling, but it’s not accomplishing what it was supposed to do—namely, reducing broadband churn. It’s true that customers with wireless have lower churn, but the causality may be backwards. Customers who were unlikely to churn in the first place are the ones signing up for Xfinity Mobile. Customers who have fiber alternatives or who are unhappy with Comcast tend not to add mobile at all.

Both the Division/Regional teams and the Technology & Product organization likely need to be reduced further. The next round of layoffs will probably look similar in size to what we’ve seen over the past couple of quarters, but unless business conditions improve, a much larger restructuring—including the elimination of entire organizations—must come sometime next year.

From my own perspective, having visibility from the Finance side: despite the cuts that have already happened, there are still significant opportunities to reduce costs. We continue to have too many resources allocated to Video, Voice, and even DOCSIS 4.0. If these products are not selling or are in structural decline, it’s hard to justify continued heavy investment. Additionally, we still pay a premium for U.S.-based engineering talent, and it’s not clear why we haven’t shifted more work to CIEC, where costs are less than a quarter of comparable U.S.-based roles.

#Layoff #Layoffs

Is this how layoffs will go down?

January 22 is the announcement. Lots of projects will rush in the first three weeks of the year to get done. If you're getting unusual pressure to complete projects by that deadline, it's part par for the course, part because you're out. Those in the know and sticking around are squeezing every last minute of work from USA-based teams.

It's so big I don't know how we avoid WARN, legal must have convinced themselves that WFH = each residence is a job site. Interesting to see how we avoid WARN with RTO - only way I see is future layoffs are to remote workers.

OP: @an+1kd36hvqq

#Layoff #Layoffs #Question

Another one

The article says the McKinsey layoffs are a warning for the whole consulting industry in the AI age. Consulting once depended on smart people and hard to find information, but AI now does much of that work faster and cheaper. Clients want firms that can use technology to actually make changes not just give advice, so traditional strategy firms must adapt or risk falling behind.

https://www.fastcompany.com/91463039/why-the-mckinsey-layoffs-are-a-warning-signal-for-consulting-in-the-ai-age-ai-layoffs-management-consulting

#AI #GenerativeAI #Layoff #Layoffs