#layoffs

Not sure why I have this feeling. But what a relief.

There hasn’t been layoffs in Home Lending for quite a few years! Does anyone know if there will be this month?

Banker claims Oracle may slash up to 30,000 jobs, sell health unit to pay for AI build-out
https://www.theregister.com/2026/01/29/oracle_td_cowen_note/

Impacted employee. Easily they can eliminate H1b full timer and contract employees instead of doing this layoffs. How can they file H1b and green card when layoffs are happening ?

I always thought ISG = Inside Sales Group and CSG = Channel Sales Group, but apparently neither are sales related... Still don't know what they are but, why are those groups seemingly always hit so hard?

What did they do to pi-s off the Dell "gods?"

Heard there was impacts to the agile family. Any additional details?

• Springfield-based manufacturer 9Wood laid off 19 workers in mid-January.
• This is the third round of layoffs for the company, totaling about 60 workers since early 2025.
• A laid-off employee expressed shock and concern about the company's future and his own finances.

https://www.registerguard.com/story/business/2026/01/30/springfield-manufacturer-continues-shedding-jobs-in-january/88416689007/

ClawdBot (now OpenClaw over trademark issues) is officially the fastest growing open source project in history. When looking at graphs of open source adoption, it's a vertical line and nothing even comes close to matching its success. Why does it matter? Because it's the first comprehensive agentic system with an ever growing list of tools that is more or less completely unleashed (use at your own risk! remember it's early yet).

For those of you still convinced AI is just a chatbot, you should go out and take a look at what people are doing with this tool. Then tell us how jobs aren't going to be automated away. Remember too that, job displacement doesn't necessarily mean the AI is going to fully replace you, but that it's going to enable people to 10x their work and require significantly less headcount. Given how lackluster WF growth is, I doubt the growth needed to maintain headcount will keep pace with the productivity this will unlock.

As a bonus, go check out moltbook.com for laffs. It's hilarious to read through.

How does this relate to WF and layoffs you ask? It should be obvious once you understand what it is capable of. Your biggest firewall right now is data governance, and plenty of companies are working through this right now, including WF. Only Wells Fargo are way behind the curve, for obvious reasons of ineptitude.

Until not much is left, I guess. One major restructuring with a clear idea might have had a chance. These endless, aimless cuts are just leading nowhere.

I’ve been hearing about February around my office. Just a rumor, not confirmed by someone in the know.

I just hope they don't try to slap the AI label on every barely believable justification. That excuse has become tired already.

Zillow cut roughly 200 employees, or 3% of its workforce, during annual reviews while keeping job postings steady and growing revenue 16%.

https://www.housingwire.com/articles/zillow-workforce-cuts/

February

Just warning everyone layoffs are starting next Friday. India, US, Canada, EU and Mexico. Ranked by most impacted.

With FIS being a massive company why are these layoffs not making the media?

Almost 600 employees impacted this week by layoffs, and not one word from USAA about it, as an employee I find that extremely disturbing.

Does anyone know the current Severance package in the US?

New Year new round of layoffs. It was done very quietly and most are afraid to even talk about it. We all know more are coming. The push to rely more on dealers, cutting sales offices, service, and warehousing. Moving towards direct to customer aka drop ship. Jobs being sent overseas for cheap labor. Push for automation and focus on using AI. All geared to eliminate as much of the US workforce as possible. Then act surprised that moral and engagement are so low. Upper Management focused on stupid rules like camera on for calls and more in office days while sales numbers tank and existing customers become more angry. How much time and money wasted on Kickoff meetings and surveys just to sp-t in the face of the workers. Just holding on until I get a new job. It's a sinking ship, man the lifeboats.

Is proclaim facets or any of the customer service agents being laid off?

They probably argue that it is somehow a trade secret or otherwise. Let's see how long it lasts here, censored.

1) Cryocath in Montreal will close and has been a sh-tshow of a project for over 6 years now. Production moves to a PR site that I won't mention because maybe that's the confidential part, according to their argument. The delay is from the PR-side. Considering the 4 sites in PR, you can work it out yourself. Ask yourself why the last Manufacturing Director left after a relatively short time there and went to an MA/MN site. I forget which, but you can find it.

Anyone else can show you the slow layoffs and reduction in capacity from production lines over time. The employees themselves know it and speculate all the time. Tons of them are close to retirement, so they're just sandbagging until the inevitable happens.

2) A California site is also slowly shutting down and has been for a few years. To not get this post removed, I'll tell you it is NOT Northbridge, and it is NOT Irvine. It is a site with an already low number of employees.

Enjoy.

Building Tech Sector is getting chopped up. Zones and Area restructuring. Reapplication for jobs at Manager Levels combined with multiple RIFS. At or over the age of 60 you're out of a job! Senior sales executives leaving in droves. Sinking ship!!!!!!!!!

Signed agreement in August not to sue company.
In Nov 2025 HR suddenly stopped PTO Rollover.
Jan 30th 2026 laidoff 600+ software engineer s across USA.
Heartbreaking! SE Andover never hired any engineer during covid.

There is no US IT left. These rounds will finish us off. The only good news is there is a rumor we heard that David is out looking for a new CIO again. We knew that had to come after the latest mess last month. Maybe the new one will rebuild the function back on shore. Where it belongs. The clowns in India keep sending useless code. Do you see the same? We re-do their work again and again.

I suspect there will be mass retail store closures/indirect takeovers over the next two years. If you listen to the Q4 earnings call 10 min 20 seconds in when Dan is speaking he word for word says “we expect to realize 1 billion in run rate operating cost synergies by 2028-double our initial estimate. These savings will be derived from network integration, THIRD PARTY CONTRACT EFFICIENCIES, and go to market savings across marketing and advertising.” If you work at small retail store that is not considered an “A” store and you are within a 10-15 mile radius of another corp store you should be working on your backup plan now and trying to transfer to the A store in your area.

I suspect there will be mass retail store closures/indirect takeovers over the next two years. If you listen to the Q4 earnings call 10 min 20 seconds in when Dan is speaking he word for word says “we expect to realize 1 billion in run rate operating cost synergies by 2028-double our initial estimate. These savings will be derived from network integration, THIRD PARTY CONTRACT EFFICIENCIES, and go to market savings across marketing and advertising.” If you work at small retail store that is not considered an “A” store and you are within a 10-15 mile radius of another corp store you should be working on your backup plan now and trying to transfer to the A store in your area.

I get why leaving makes sense, but there’s likely severance coming, and it could be enough to give you some real breathing room. maybe even allow you to take 2026 off.

Heard large layoffs were being planned for February 3rd. Anyone else here this?

On LinkedIn I Noticed a few of my former coworkers in Pittsburgh looking for new roles and "Open to work", was there a lay off at TMO? These were people that planned to retire there so I don't think it was their choice.

Too many recruiters posting shocker posts on LinkedIn. What is that about ?

Seems like the pace of posts has slowed down this last week. Is Thanos Srini done snapping his fingers? My group was told before the holidays that this wave would be done by end of January.

He scheduled his next all hands for the end of February. Anyone going to submit questions to the SLT?

Most of what I’ve heard and read points to areas such as sales, marketing, operations, etc being impacted. How about analytics?

Does the head of HR still do that thing where she dodges hard questions about layoffs?

Nothing has changed. Every year, at the same time, the horrid feeling of what’s to come. Here’s my 2 cents:
It’s only getting worse in tech.
Corporate doesn’t care about you.
HR doesn’t care about you.
Yes, HR is ‘secretly’ invited to the meetings - they want to make sure you show up and you may not if you know it’s a goodbye call.
Again,
Corporate doesn’t care about you.
HR doesn’t care about you.
Get out if you can and stop the stress.
I left before they had their way with me, and it was the best thing I ever did. I thought about waiting for severance, but then they would’ve really won wouldn’t they have?
Find a better way. It’s not worth it.
You are better than them. They might not care about you, but you have others who do.

V

https://www.cio.com/article/4125103/oracle-may-slash-up-to-30000-jobs-to-fund-ai-data-center-expansion-as-us-banks-retreat.html

Head of Sales is retiring. Replacement was quietly hired a few weeks ago. I’d expect sweeping changes and reduction to the sales org by mid year

They shifted field service in several upper Midwest states to dealers last year. I'm hearing that they are about to do this same thing in a number of additional states. Does anybody know anything for sure?

It is not alive…
it is not dead…

It is just rotting.

Unless you are in HIH, Philippines, or Ireland, then you are at risk of being laid off. Other posts here and my own experience shows that being a top performer or being younger or paid less doesn’t make a difference. They stopped taking manager input and they are just randomly firing. Probably letting AI tell them who to cut.

So what can you do about it until this madness is over?

Quiet quit. Do only what you have to, and no going above and beyond. If they cut 3 people and hand you their work, do what you can but don’t do it all. Otherwise you are rewarding them for making things worse. If you are salary, work 40 hours. No more no less. If you are told to take on new roles on top of your current one, politely inform your manager that you are only one person, ask for a breakdown of all expectations then advise that while you will do your best, the expectations are not reasonable for one person.

Don’t go out of your way to help HIH. Do what you have to in order to keep your job, but if they are asking for extra time from you so you can basically train them to replace you, defer until you have the extra time. If HIH says something hard to understand, ask them to repeat until you do understand. If you get a kindly email that is hard to read, politely respond that you don’t understand and ask for clarification until you do. That will slow the down and increase the inefficiencies of language barriers. These people, while certainly mostly good humans, aren’t your friends. They are your replacement.

Don’t put everything into documentation. This is used to train AI and many HIH can only work off of SOPs. Let them figure out missing, but common sense, steps. Otherwise you are training your replacements. Make your documentation as obscure and high level English language as possible. AI will struggle to interpret it and will be more prone to hallucinations. HIH will get confused and make mistakes. Cigna won’t see the error of this JE/RIF/offshoring strategy unless those left behind cause things to fall apart.

Take your PTO. You earned it. It is your time and your benefit. If you have Standout points cash them in before you can’t.

If you have Cigna insurance, use as many benefits as you can as soon as you can. Get your new glasses. Snag that HSA $. Get as many preventative screenings as you can.

It won’t stop what’s coming. We can’t change that. Unionizing is not feasible and Cigna would bankrupt itself Union busting before ever allowing it.

But not helping them be successful in sending your jobs to another country, or having (error prone) AI doing your job will make a small difference and add up long term. Don’t not do your job. But don’t make it any easier on Cigna for getting rid of others or even yourself.