#layoffs

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The hidden costs of layoffs

It should be no surprise that layoffs ultimately cost a company more in the long run, but here's an interesting interview nonetheless. It's worth a listen, but the TLDR is that short term gains are obvious, but longer term, it usually results in underperformance relative to companies who don't do that.

https://hbr.org/podcast/2023/12/the-hidden-costs-of-layoffs

Now, that's just layoffs, so imagine what happens when you aren't just laying off, but also using dubious tactics to stack rank, fabricate performance reviews, and look for ways to fire people for cause as a way to avoid severance costs?

This is why I am not long in WFC and I watch it every month or so for opportunities to short.


MercyOne layoffs

“After careful and thoughtful analysis, certain non-patient-facing-revenue cycle functions will be transitioned to a partner. As a result, positions within the revenue cycle department will be reduced by 10.5% across Trinity Health’s national footprint."

https://www.kcrg.com/2026/01/29/more-mercyone-layoffs-announced-iowa/


Strong rumor - SAP to buy Berlin based startup N8N

SAP in talks to buy or partner with N8N as its internal efforts to boost the next gen SAP Build falters big time with legacy platform. Existing products to be scaled down, retired and moved into support mode with external vendors until customer migration is complete. Teams to be reassigned/ laid off based on the location. Possbile news to be out in 2-4 weeks.
It gets even more critical to compete with lean AI first startups as SAP share price nose dives 17% after the announcement of financial results.


The New Verizon??

The New Leader announced inevitable job cuts to the tune of 15,000 employees on Nov 19, 2025... VZ stock that day was $41.19
Today, 70 days later, it's sitting at $40.00... whopping 3% change in the wrong direction!!
Feb 5..... Round 2 of Dan Lay-offs definitely uploading!!!


Current composition of WF workforce and what to look froward to…

I’m trying to figure out how currently WF workforce is split. In December total employees count was about 216000. In January it is already 210000. I wonder what is a percentage US vs India &Co?

The other question is what’s the ration (pay wise). US vs India? It used to be 1:4 but I believe that offshore pays went up.

Final question, now that 2025 numbers were communicated to masses, how many resignations there will be after pay on 2/13 ( true ones not the ones from keyboard warriors)?


The job market has been terrible for the last few years

Is it ever going to improve? I am especially afraid of being laid off because of how bad things are. I am relatively new to the workforce, so for those with more experience, has there been another period like this before? And how long did it take to turn around?


Why are layoffs such a normal thing these days?

Why did we allow it to come to this? Why are so many of us so willing to take on work from our laid off teammates to the point where we're constantly overworked but still expected to pick up more - and then we do! How is this our new normal? Nothing will change until we all say enough and just start refusing extra work. Let them deal with the consequences of their actions for once.


A coworker got laid off again

The guy's been here for less than a year, but I've gotten to know him pretty well in that time. Before starting here, he was laid off by his previous company and spent nearly six months trying to find another job. He told me how stressed he was during the process, and how he was starting to lose hope when he got an offer from USAA. Now he's been laid off again and I can't even imagine how he's feeling. How do you even explain two layoffs in less than two years to a future employer? He's completely crushed and out of steam.


Allegiance response to Cigna layoffs (an acquired company)

Allegiance recently integrated with Cigna’s HR structure this year. Employees were notified the layoffs would not impact them but the company faces continued pressure on expenses this year. And they are working diligently to avoid workforce reductions. Most likely pressure coming from Cigna


He thinks he can INNOVATE, he cant even do basic seating math

Stinkey thinks hes cute and funny, or when he tries to be. Our stocks have plateaud, people are leaving, ones staying will retire in 2 to 3 yrs or so, cant hire youngsters because nobody wanna work here.... on top of forced 5 days without a SEAT. Leadership is solving the wrong problem. To all of yall who played his townhall yesterday, and mute the sound, Kudos to ya!