#layoffs

Posts mentioning hashtag #layoffs

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Layoffs Clorox

Clorox is laying off; they are being careful to keep under 50 so they don't have to announce it to the public. It's done quietly a few here and there throughout the month (some this week, others next week, etc.). It's unfortunate that it's mostly the over 50 and long tenure that are being affective.


Severance Payments

I turned paperwork in for severance and my ticket got closed last month. I keep checking ADP site and still no indication of if I’ll receive a payment. Only thing I see is I can sign up for payments on a card. Will severance be paid out direct deposit or am I expected to sign up for a card? HR system is a mess with not being able to speak to a live person. Anyone else struggling to get through to HR for severance info?


Transferring or selling shares off the EQUATE+ Platform for leavers

Dear people who have left or are in the process of leaving adidas,
Which trading platform in Germany did you manage to transfer your adidas shares to from the Equate+ platform? Does it need to be a platform or bank with a registered address in Germany? Also, any experience on lead-times? It seems like the transfer process is a hassle... anyone with good, or fast experiences? Thank you in advance.


Still feeling just as bad as the moment I learned I was laid off

I thought the weekend would help. Nope. I still feel betrayed, I still feel angry, and I still feel scared. How do you get rid of this awful, awful feeling in the pit of your stomach? How long does it take for it to go away? I was never laid off before and I truly hope this is my only such experience.


Dear fidelity leadership

Please get your s#it together, because it is very clear and apparent that there is mass chaos going on in the c level and a couple levels below. Why would you announce broad and vague massive organizational changes yet provide zero clarity at the point in time the announcements come. Announcements that specifically call out teams/roles/jobs and not communicate the what baffles my mind as we come to the holiday season. Please go back to business school and re-take management 101 or read a simple book on organizational leadership. Thank you and have a very happy thanksgiving while the rest of us fear for our jobs.


1,140 layoffs

General Motors has scheduled 1,140 employees for permanent layoffs effective Jan. 5 at its Factory Zero site in Detroit. The list includes hundreds of assembly operators and is "due to production schedule adjustment required to adapt to slower near-term EV adoption," the company said in a notice to state of Michigan officials.

https://www.cbsnews.com/detroit/news/general-motors-permanent-layoffs-factory-zero-detroit/


VZ violating NJ WARN Act??

From Verizon:

Severance pay calculation - The program formula: If you become eligible for benefits under this severance program, your severance pay amount is calculated using this formula:
Your years of service TIMES
Your weekly compensation
TIMES 2

My severance document is split into “State Required Severance Pay” and “Final Severance Pay” - it looks like they’re using the NJ WARN Pay as part of the severance instead of in-addition-to. That doesn’t seem right?


More layoffs

Should I worry about more layoffs this year? I'm thinking between Thanksgiving and Christmas, it'd be truly assholish of them to lay people off. Not that I wouldn't put it past them, but it'd come with some unwanted bad publicity. Am I too naive to think they care?


When are the cuts happening?

Enterprise tech, Wealth, WI, Brokerage have been tightening the belt it seems.

They already know who's on chopping block with Boston office relocating to sea port, NC already at capacity.

So why not let associates know who's impacted?

There are people in the team who barely do anything, never show their face on cam, always working from home.

These guys have been coasting for a better part of 3 years now,
While the actual high performers have been living in stress, anxiety, and uncertainty.

Looks like there are major cuts on the horizon with the mood somber prior to holiday party, no one seems excited as they used to 4 years back,
Certainly not as excited as they were last year.


The Pinnacle!

Lost 1/2 the value
Created a seriously toxic environment
Off-shored Countless Jobs
Made a lot of bank
Fu---d this place up
Drove out the best of the best
Hired a bunch of mo--ns
Made a lot more of bank
Made like 3/4 of the people scared they will loose their jobs
Fu---d this place up, team! GO Fuchsia!

"The strategy is solid, the momentum is real and I’m fully committed to seeing this through until we name my successor" (help, get me out of here, stat! AAR please!)


Happy holidays! a message from Don Hendricks

Well, 2025 is almost over and Belk has survived another year ! It’s amazing how we can keep cutting, year after year, and everything seems to just function fine. well, ok not fine, but belk is still operating! Soon we will have no employees working at all, we are now thinking of using chimpanzees in place of human beings, what do to all think? I think it’s a winning idea !!!
2026 should be a year of dramatic cuts.. first I would like to have absolutely no visual merchandising standards in stores. I have the brilliant idea of throwing all merchandise inside of large bins and let all customers fight over it. Kind of like a scavenger hunt? What do you think? As far as benefits and pay increases are concerned, I want to cut cut cut cut cut…..let’s offer the standard 2% raise, but then cut paid time off even more! What a brilliant idea! Here I am babbling on and on.. as far as Belk’s top brass is concerned, it’s been a great year!, six and seven figure salaries, top tier benefits, bonuses and lots of perks, I hope everyone will enjoy their store meals on Black Friday! Don’t forget to keep the cost under $9.99 per person!!!! Deli meat, cr--kers, and Kool Aid should be in the menu! gobble gobble, kluck, kluck…

Hugs and Kisses,
Donnie


Incentive and displacement

How will those of us that have been displaced (October) be remembered for incentive allocations that are happening now (finalized in January)? Will leaders just need to remember us that have been displaced or is there an organized process perhaps led by HR to advise managers so they don't forget us?? I was a top performer.


Layoffs! Wtf?

what is going on with ATT prepaid/cricket. A lot of upper management in corporate have been leaving in the last few months. Top positions…. Why and are we expecting to see layoffs on the ATT prepaid/cricket channel


As covered locally: Verizon layoffs impact 168 workers in Washington state - GeekWire - Verizon

Verizon is cutting about 168 jobs in Washington state, including analysts, engineers and retail workers. Many of the affected positions are at stores that are being divested or converted to franchise locations, which removes those employees from Verizon’s payroll. The article notes that the cuts follow wider restructuring at the company as it strives to improve financial performance and compete with rival carriers.

URL: https://www.geekwire.com/2025/verizon-layoffs-impact-168-workers-in-washington-state/


Tyson Closing Major Beef Processing Plant in Nebraska

The Wall Street Journal’s Patrick Thomas reported that “Tyson Foods, America’s largest meat supplier, is planning to close one of its largest beef-processing plants in Nebraska at a time when a cattle shortage in the U.S. squeezes meatpacking companies. The Lexington, Neb., plant employs roughly 3,000 people and can sla-ghter almost 5,000 cattle a day, according to industry estimates.”

“Tyson is the first of the big four meatpacking companies that process 85% of beef in the U.S. to close a major plant during the current cattle supply crunch,” Thomas reported. “Meatpackers including Tyson have been losing hundreds of millions of dollars processing beef because of the lowest amount of cattle on U.S. pastures since the 1950s.”

https://farmpolicynews.illinois.edu/2025/11/tyson-closing-major-beef-processing-plant-in-nebraska/


Aftermath is even worse than all that anticipation

I survived, but I’m completely fizzled out, and I don’t care about the work or whatever comes next. Watching so many people get cut, many of them after years of hard, dedicated work, doesn’t motivate me at all. If anything, it just made painfully obvious what we all knew - being invested gets you absolutely nothing in return.

I’m sorry for the people who were let go, mainly because options are limited and life keeps getting harder by the day. Not because this job mattered, or should have mattered, in the first place. It all feels pointless.


Over 40 and laid off?

OWBPA requirements (EEOC):
https://www.eeoc.gov/laws/guidance/age-discrimination-older-workers-benefit-protection-act

OWBPA explanation (U.S. Department of Labor):
https://www.dol.gov/agencies/oasam/centers-offices/human-resources-center/owbpa-guide

I don't remember getting any of this sort of information when I was laid off a few years ago. Anyone else?


CEO Salary and New Positions

Mid level management cant get a pay raise to even cover cost of living.

If money is what you work for at Hertz then knowing that the CEO makes $35 MILLION DOLLARS a year and the Fadman makes nearly half a million per year if not more, don’t be upset!
Keep the management struggling and starving then wonder why your revenue is down while you all sit pretty in your big houses with your boasting of Verizon wireless plans on LinkedIn.
It’s sickening how out of touch these people are-know your audience and pay your people!