#layoffs

Beware! The language in the severance plan is designed to silence you and whatever you have suffered under the WF new "management" style. Its all designed to cover up what they are doing and how they are doing it. Getting rid of long-term, loyal employees and then hiring outside the USA or worse.
Current management in this case is complicit in the overall scheme. They know who is buttering their bread, and frankly, its not the folks who've made the bank successful. Nope. Its the new team, those who came like locusts from other banks.....and who are now reaping bonuses for replicating where they came from. Yes! You guessed it, WF is not getting to be "leaps ahead", no they are just catching up. To jump ahead of the banking group, you'd have to have original, out of the box thinking. And ability to tolerate risk. All of which....the current leadership lacks. And given the brain drain, well then. I think we can all agree.....there is little upside from here.

Were all the CA Optum
Coders let go in the last round of layoffs?
The manager and director in CA as well?

U.S.-based employers announced 153,074 job cuts in October, up 183% from September and up 175% from October 2024, according to job placement firm Challenger, Gray & Christmas.

“This is the highest total for October in over 20 years, and the highest total for a single month in the fourth quarter since 2008. Like in 2003, a disruptive technology is changing the landscape,” said Andy Challenger, workplace expert and chief revenue officer for Challenger, Gray & Christmas.

https://finance.yahoo.com/news/us-job-cuts-surged-183-123000806.html

Anyone know what are the dates for RIFs in December (if any) and January?

We lost two people on our team who were solid in every way, reliable, hardworking, the kind you could trust with anything. Now the workload is barely manageable. And after seeing how the layoffs were handled, I have zero motivation to go above and beyond. The only thing keeping me trying is the rest of the team, who’ve all been great to work with. Still, it’s hard not to think that any of us could be next.

Just in time for the holidays!

Farmer destroyed Comerica, and is riding his golden parachute of $140 million out of the burning carcass. The class action brought by HoldCo that highlights Farmer’s misbehavior and frauds is mind-boggling. We need to take action and join that class action. Farmer sla-ghtered our jobs (once Fifth Third takes over, at least 45% of us will lose our jobs).

Where I am, there’s basically nowhere else to go.

• 'Grand Theft Auto VI' was delayed again to November 2026, roughly around the time of Rockstar Games' layoffs controversy.
• Layoffs at Rockstar Edinburgh cited confidentiality breaches; employees claim union organizing motivated firings.
• City councillor and union push for fired employees’ reinstatement and financial support.

https://www.mensjournal.com/news/rockstar-faces-motion-reverse-layoffs-gta-6-delay-concerns

If it really is next week. There’s too much chatter for it to be nothing. I’m dreading the worst-case scenario, because it feels like it could be a big one.

People leaving in droves. I don’t think this place will hold together much longer. The whole vibe truly feels like prep for a sale.

Happening or not? Any updates?

President Donald Trump's administration had cut off $790 million in grants in a standoff that contributed to university layoffs and the resignation in September of Northwestern president Michael Schill.

https://www.usnews.com/news/us/articles/2025-11-29/northwestern-to-pay-75-million-in-deal-with-trump-administration-to-restore-federal-funding

Boeing plans to lay off approximately 17,000 employees, representing about 10% of its workforce, in response to ongoing financial struggles and production delays, with significant impacts expected in 2026.
The layoffs are expected to affect employees across various levels, including executives and managers. This move is part of Boeing's efforts to stabilize its operations and address the financial strain caused by the prolonged strike and production setbacks. The company is also facing rising healthcare costs for employees, which may further complicate its financial outlook in 2026.

https://thefinancialbrand.com/news/banking-technology/ai-will-reduce-banks-headcount-get-over-it-193732

Just got an interview with Google 7 days after my layoff. There is hope for those laid off, you all got this too.

No exceptions at all? I’m trying to figure out what’s rumor and what’s actually happening, but everything I’m hearing sounds pretty bleak.

When are we going to call out this company for doing small layoffs to stay under the WARN number to keep it quiet and implementing RTO to make our lives miserable so that the EC gets the attrition they are looking for? Rick said no plans to change RTO in 2025 because he knew he was going to change it for 2026 and no large scale layoffs because he has a bunch of small scales ones planned. He doesn't want to be called a liar like Walt was but I'm tired of them not being transparent about what they have planned. This place used to care about employees but now its the same corporate McKinsey nonsense we see everywhere else. Executives getting insane amounts of stock compensation and trying to make it sound like we are getting a good deal getting less than three percent raises and an extra 10 percent bonus. 100k comp is comparable to 54k 20 years ago

Most of these layoffs made zero sense. Some teams were cut down to the point where they can barely function, and what’s worse is that a lot of the experienced, genuinely skilled people were the ones let go. Now whole groups are missing critical roles, people who actually knew how to tie things together and solve problems because they’d built that capacity over time. It’s not just about losing headcount, it’s the quality we lost that hurts the most.

Did anyone else get bad year end review score (5) despite be producing and contribute worker? Is I target for the fireing on next layoffs?
Who can help me transferred visa to other company sponsor?

Is there any layoffs in Jan 2026? Many rumors going on in my team.

https://www.linkedin.com/posts/mako254_we-keep-blaming-ai-for-layoffs-but-the-truth-activity-7400198309136515072-FtGc

We had a patient call the office and stated that she did not understand why she’s being taken off the supportive care program. She switched from a different insurance to a United healthcare advantage plan just for the coverage and whoever she spoke to just advised her that Wellmed supportive care is not accepting United healthcare so there’s no coverage for the supportive care within her benefits. It seems like they are letting the patients know in advance so they can transition back to the clinic and get scheduled in office before they do the layoffs.

Just a thought. Next round might be 12/18

Ford canceled the F150 Lightning program. The new EV from LAP KY won't launch until 2027. The replacement EV truck in TN won't launch until 2028. What will happen to the BOSK battery plants in KY and TN. Layoffs will start soon if not after the new year.

Sad day today with Wexford office closing. Years of experience being thrown out the door. No matter the quality of training of new recruits it won’t replace the decades of experience. The clients will notice, but the bank won’t care.

That’s it. Not that I get to work at an exciting company that helps develop and reward me for doing great work. It’s really to a point where I’m just thankful I haven’t been downsized.

Were any in the reseller alliance channel? I have heard of a couple there. Is this area going away?

https://www.phonearena.com/news/former-verizon-executive-tries-optimistic-tone-in-open-letter-to-fired-employees_id176148

Hold your head high! We are still v-team! see everyone at the 5k next year!

Hot off the presses: If you don’t hit your quota AND you aren’t hitting 80% metrics with the “modern selling tools” (namely SalesChat), you are put on a “coaching plan”…. AKA PIP.

So dystopian. I’ve hit my number every quarter over the past four years, but I guess that doesn’t matter. I guess I am being paid to use the $hitty half baked AI tools instead of to close business & spend time with customers.

I’m no fool. Dell will unrealistically quadruple my quota and then rejoice as it opens up a means to cut me w/o severance. Yay for OPEX reduction!

I will admit: these AI tools are great for less experienced folks, but more tenured individuals don’t need to use the tools as much as the metrics they are setting. They do not replace experience. Dell is definitely going to overrate here and expect a freshie out of college to have the same production as me with glorious sAlEsChAT at their side.

This place is going down quicker than the titanic, and I’m enjoying watching while I quite quit and manipulate the metrics.

Truly sympathizing with anyone who is getting their last regular paycheck 3 weeks from today. The first time I got laid off in 2022, this feeling caused true panic but was short lived. I found another role, and then was laid off for a 2nd time 2.5 years later. That first missed payday after the layoff was brutal. It all worked out, but I am thinking about anyone having to go through this. Exactly the reason why I despise VZ.

Today marks the end of ExxonMobil's presence in France, with the change in control for all remaining assets owned by US major to North Atlantic. There will only remain a tiny commercial structure with less than 20 employees. Esso France is dead, long live North Atlantic Energies.
Rejoice! This is the end of all the corporate bullsh-t people had to swallow for years (and keep smiling as if they liked it), the end of decisions made from 30'000 ft with limited knowledge (if any) of the local context, the end of dysfunctional organisations, having to deal with the incompetence and carelessness of “service” centers supposed to support you, the end of underinvestment in industrial sites making them more and more challenging to operate etc. etc. You know what I’m talking about, don’t you?
To all those in the EM world facing the same prospect (i.e. being dumped by big mamma): DON’T BE AFRAID. There is a world outside the fence of the prisoners' camp... 😀

For those of you too young to remember, he's the basic history of Corporate layoffs in America that all started with the government mandated breakup of the AT&T Bell System telephone monopoly on January 1, 1984 ("Divestiture" of AT&T's local Telephone Operating Companies, including Bell Atlantic).

AT&T Information Systems (IS) layoffs started in January 1984 that impacted ~25,000 employees with literally dozens of major rounds of cutbacks at AT&T following well into the 2000's. When it first began to happen it was literally a feeling of disbelief by not only by AT&T employees and their families, who were used to the benevolent Bell System ("Ma Bell") work culture, but also by Americans at large who couldn't fully grasp that the "contract" of employment for life was over at major companies. IBM soon followed suite and once they did the floodgates opened up on mass corporate layoffs which soon became commonplace and continue to this day.

The recent Verizon layoffs are primarily linked to the company’s acquisition of Frontier assets. Verizon now needs significant capital to fund the integration of Frontier into its existing systems as well as to cover the acquisition-related expenditures. These financial pressures are the real drivers behind the workforce reductions.

Claims that the layoffs were caused by pricing competition with T-Mobile or customer poaching are largely unfounded and do not reflect the actual strategic motivations behind these decisions.

While Verizon attributes the recent layoffs to financial pressures from the Frontier acquisition and the massive integration effort ahead, there is another internal reality often overlooked. Certain internal groups “the termites” are using the Frontier merge as a convenient narrative to justify aggressive outsourcing. These teams benefit from vendor deals, back-channel incentives, and the opportunity to extract as much as possible from the outsourcing process.

In the shadow of the Frontier integration, these internal agendas are quietly shaping decisions far more than the publicly stated reasons like pricing competition or customer churn.

Starting another thread about 2026 and the future of AES. There are so many rumors about what's next: sell company to Blackrock, split renewables and sell off Indiana or Ohio utilities to Duke, new senior leadership & board, etc. Any of these paths will ensure funding is cut and "they" force more work with less resources. Again. Let's hear what other rumors are out there.

While admitting there are so many that they don't want to say the number.

https://techrights.org/n/2025/11/28/Loads_of_IBM_Departures_So_Far_Today_Buy_Nothing_Day_IBM_Pays_P.shtml

It’s here, go time. No guesses or speculation. What’s our organization going to look like at the end of next week and who’s impacted?

What do current and former IBMers have to be grateful for ?
More layoffs (to come) and more jobs going to India on some flimsy pretext or the other.
And of course, Arvind getting more medals pinned on his chest from Modi for services to the Indian Republic. That is gratitude.

Approximately 2000 employees are part of this Layoff. All those who had approaching and needs improvement are on the list. If the 20 to 25% numbers are not met ,all other rules come into play. Be prepared. Training session for Directors and ADs will be given tomorrow or Tuesday and announcement will be post that. VCG is going to be badly affected. VBG, N&T, VCG Business, CSG, are equally affected by avg of 20% AI&D with the least by 15%.
There are going to be changes in AVP, Senior Directors , Directors when the Agile delivery to be rechristened with one more useless way of execution supported by all leaders who follow them BLINDLY coz they want to "try".
This org will only sustain when all leaders above Sr. Manager stop focusing on defects and start focusing on strategy, with inclusion at all levels get the inputs from all rather than "designated" architects whom they think can change the entire world. The team that is responsible for all this is the ATO and its futile process implementation which is not studied but rather theoretical. BTW i am Top performing for the last 2 years. so all the above is a frustration of me going to stay here with a load of work, loss of knowledge from so-called "non performers", loss of vendors who had been in the system for more than 2 years . Everything is boiling down to the people who are going to stay. A meagre call will be done under senior director or AVP to boost "MORALE" which they think all others are fools for their gimmick to be played. Its a wake up call for people like me to move on. Verizon is going into a blackhole which will also pull us into it, while many think this is safe haven. All that matters is "Shareholder Value" and nothing else. ALL EMPLOYEES ARE JUST NUMBERS. Get out of this number game.

Finally check this prompt in Gemini
"What if the 50% of the laid off people join T-Mobile or the 13000 people move their connections along with their family connections to T- Mobile"