#layoffs

Intel is running low of BS to try and attract money and pump up the stock going low, lower, lowest. Popcorn anyone ?

How long does it take to get severance payment once papers are signed?

I hear that Candescent performed a large RIF today. Anyone have any details to share?

I asked ChatGPT to review this thread and other public info:

ChatGPT predicts 60-70% change of Layoffs in the next 6 months

When
September–October - High - Repeated late-Q3/early-Q4 activity, especially 2024

January–March - Very high- Strongest recurring pattern; year-end financial/budget decisions appear to feed into RIFs

The biggest thing I'd emphasize is January through March. That's not just a general corporate-layoff pattern — Highmark's own layoff history shows a particularly strong concentration there.

I have officially moved on from Verizon Business.

Ultimately, the workload, expectations, and compensation were no longer sustainable. Managing an entire territory on a base salary of roughly $36,000, while absorbing the expenses that come with being in the field, is difficult to justify. R2B territory managers are among some of the lowest-paid territory managers when compared with similar positions across industries, and they are expected to do it without even a vehicle allowance.

But the compensation itself was only part of the problem. The bigger issue was what was promised.

During the transition, employees were told that the new job title and expanded responsibilities would come with an increase in base salary. People moved into these positions and accepted significantly greater responsibilities based, at least in part, on what they were told their compensation would become.

That promised base salary increase never came.

There is a major difference between accepting a demanding job knowing exactly what it pays and accepting expanded responsibilities based on a representation that your compensation would increase.

I have a tremendous amount of respect for the people still working in R2B. They deserve compensation and resources that reflect the job they are actually doing, and more importantly, they deserve what they were promised.

Does anyone know the current layoff situation in APAC?

What is our leadership team and board doing? They have the worker communication and execution plan for layoffs. Supposedly there was some buyout attempt that seems to make our company look worse. The communication for future projects is murky and now there is supposedly no more cw’s. We need a real leader to get back the camaraderie and culture so people actually want to come to work. This is just bullsh-t torture every day.

https://finance.yahoo.com/technology/ai/articles/oracle-cutting-3-000-india-122511543.html

I just wish our business and tech leaders could generate enough revenue and deliver products that work for our clients so Fiserv wouldn’t have to layoff employees. When you’re not growing anything but expenses, people lose their jobs.

Part of nova. Laid off.

And if you're not looking for a way out, the joke's on you.

Any more cuts expected?

The way company is doing things unsustainable. OK, let’s use this SAP shut down as a reason to force more cr-p in so we will have so much product that we won’t be able to get through in September, and then it will be quarter close and it will start all over again last two weeks of September With the BS nos orders, that they will come up with some reason to justify sending in, just stop lying, and let’s stop playing this game, end dsd already. Its not working. Stop making up lies for sending in extra product, we’re all sick and tired of it…

After an "emergency" required WebEx meeting. Surprise surprise even more IT employees being layed off and replaced by overseas workers.
Fu-k hca and hope the company gets what it deserves for the betrayal

Is this true?

https://www.reddit.com/r/cars/comments/1w1orik/ford_fired_twothirds_of_the_bosses_who_said_its/

Just got out of a meeting with our ED, her exact quote “after a thorough review of everyday business, the business decision was made to eliminate the roles of your manager and lead.”

When and who?

There are a few PIPs in Bangalore (India).

https://www.phonearena.com/news/verizon-comeback-growth-schulman_id182998

Verizon has been plummeting for years, but the tables are turning. Nearly a year after bringing in CEO Dan Schulman, its shares are up 21%. Meanwhile, AT&T has managed just a 1% gain, and T-Mobile has dropped 19%.

The hard-charging turnaround is mostly built on cost-cutting. Verizon has been axing jobs and cutting operating expenses. Naturally, this is going to bolster profit. While Barden called this strategy unsustainable, he commended the company for pressing the brakes on enormous price increases. Ultimately, the company will need to find a balanced approach.

Schulman is delivering

Regardless of the route he has taken, Schulman has put an end to net customer losses. To reward a job well done, Verizon has extended his contract from December 31, 2027, to December 31, 2028. He could also receive at least $25 million in incentives in 2028.
The real test

Sweeping cost cuts were the easy part. As Schulman exhausts that leeway, he will have to devise real growth strategies. He is already on it with a host of recent announcements, including the new Simplicity Plan and loyalty programs. The company is also cooking up more ways to upend the industry.

A few of my friends/ coworkers are leaving the company instead of relocating. I’m sad to lose great people. We did big things together and am close friends with many. I respect their choices and wish them well.
Hard to expect people to uproot their families when more layoffs in Houston are expected.
How many did not relocate? Is there %? Seems like a majority but may be my team.
They will be missed. Good luck.

Overachieve every quarter, showcase excellent results, customer satisfaction, retention upsell.

All that doesn't matter anymore, you want more pay ? You want a promotion ? Bullsh-t stretch assignments is the only way.

It wasn't like this before, we can thank NetApp for hiring the laziest, cr-ppiest leadership teams straight out of the gutter of other hyperscalers, starting with a horrible HR policy.

Oh and that is based on the idea that NetApp actually pays commissions. We on month 4 and still not information on payments. Finance is stretched, so they say.

Begs the question, is NetApp led by incompetent fools, or malicious id--ts.

Layoffs will be 1:1 style around 3pm EST after. Look out for your manager to contact you randomly towards the end of the day.

Post-2025 layoffs, it seems like at least once a week there’s a new post from people concerned about the direction of the company or about their own future and well-being within the company. I’m glad that this safe space exists so that we can vent.

Even though I am no longer with the company, and I’ve since moved on, this has become one of my favorite past times over a cup of coffee in the morning to read through the threads. ☕️ If anything, reading through the comments confirms and continually reaffirms to me that though it wasn’t my decision to leave, they did me a favor.

The University of Texas at Arlington has laid off 49 employees across 14 departments since early June. This action is a result of significant financial strain stemming from decreased international student enrollment, a statewide tuition freeze, and federal funding reductions. The university spokesperson stated these measures are part of long-term sustainability planning to align resources with strategic priorities. While the layoffs are a small percentage of the overall workforce, they reflect the institution's efforts to strengthen financial resilience. These decisions are intended to support teaching, research, and student success while adapting to current economic conditions.

Arlington, Texas

https://www.opencampus.org/2026/04/27/49-uta-employees-have-faced-layoffs-since-june-2025-records-show/

Amazon is permanently laying off 121 employees across multiple Washington state locations. These cuts impact various roles, from entry-level positions to vice president-level executives. The company is providing affected workers with 90 days to seek internal transfers. These layoffs are part of a larger trend of workforce reductions by Amazon. The company is significantly increasing its investment in artificial intelligence infrastructure.

Seattle, Bellevue, Sumner

https://hoodline.com/2026/08/amazon-cuts-121-more-jobs-in-seattle-bellevue-as-ai-spending-hits-220-billion/

A podcast episode titled "Coffee 'N' Law" featured employment lawyer Ashley Brown. The discussion focused on considerations for employers planning layoffs and terminations. Brown shared insights with host Amy Davies of First30. The episode is part of HR Law Canada's content. It requires a free membership to access full details.

Canada

https://hrlawcanada.com/2026/08/coffee-n-law-layoffs-and-terminations-with-ashley-brown/

Here’s the last 10 years of Walmart layoff history. You can see layoffs for this year are winding down:

[ ] January- 3 times
[ ] February- 2 times
[ ] March - 5 times
[ ] April - 7 times
[ ] May - 5 times
[ ] June - 6 times
[ ] July - 8 times
[ ] August - 5 times
[ ] September - 3 times
[ ] October - 2 times
[ ] November - 1 time
[ ] December - 6 times

Doesn’t mean they are completely done.

This being our last week makes everything feel a little more real. What makes it even harder is that there really doesn’t seem to be a transition or exit plan. No one has spoken to me about who will be taking over the work I’ve been responsible for, and from what I can see, even the people who are staying haven’t been given much direction on what happens next or who will be responsible for what. After 15 years, I guess I just expected the ending to feel a little different.

To the OGs of Centene — thank you for the 15 years. This place was so much more than just a job to me. For so many years, it felt like family. I grew here, learned here, made memories here, and gave a huge part of my life to this company.

To those who are staying — please be careful and keep looking outside the company, too. From everything we’ve been seeing, more and more roles and responsibilities are being moved toward outsourcing, and I think it’s important to keep your options open. Maybe that’s also why we’ve seen so many leaders taking their PTO lately. Who knows.

I don’t know where my path will lead from here, and truthfully, that uncertainty is scary. But I’m grateful for everything this company taught me and for all the people who were part of the journey.

It’s genuinely sad to watch something that once felt so strong and meaningful slowly sink to the bottom of the ocean. I never imagined I’d be watching it happen from the inside.

Ontario's Workplace Safety and Insurance Board is undergoing significant layoffs, impacting 566 employees. Concurrently, concerns are surfacing from both affected staff and their union regarding the agency's increasing reliance on artificial intelligence. Employees report being tasked with training AI systems that may ultimately replace their roles. The union president expressed worries about the automation of work and potential diminished services for injured workers. The WSIB stated that technology has long been used to streamline administrative tasks and improve support.

Sudbury

https://www.cbc.ca/news/canada/sudbury/wsib-layoffs-jobs-cut-ai-insurance-tools-9.7324448

T-Mobile is implementing a round of store closures and employee layoffs this fall. The company will be shutting down seven locations in Washington state. These closures will result in the layoff of 77 employees. Michigan stores are not affected by this current wave of reductions. The affected layoffs are scheduled to occur between late September and mid-November.

Michigan

https://www.hometownlife.com/story/news/local/michigan/2026/08/31/t-mobile-closing-stores-michigan-washington-cutbacks-layoffs/91543804007/

Welcome to the new FactSet to ring in the new fiscal year. Demolishing the company culture and we all just have to be grateful to not get laid off. This guy has been here for less than six months lol

is there someone frim EMEA who was impacted by wave yesterday? or is just about to happen?

Buffalo Newspress Inc. ceased its Buffalo printing operation in July. This closure resulted in the layoff of 81 employees. The company's decision impacted local employment significantly. Further details about the reasons for the closure were not provided in the available text. The article focuses on the immediate impact of the layoffs.

https://www.bizjournals.com/buffalo/news/2026/08/31/printing-company-laid-off-81.html

WPP PLC is implementing a significant layoff of up to 1,000 employees. This move is part of a broader restructuring initiative aimed at improving operational efficiency. The company plans to divest non-core business segments and reduce property assets. These actions are intended to streamline operations and cut costs. The advertising giant is adapting to a changing industry landscape.

London, United Kingdom

https://www.gurufocus.com/news/9061082/wpp-plans-further-layoffs-amid-restructuring-efforts

Conestoga College has laid off an additional 32 full-time professors. This latest round of job reductions follows hundreds of previous layoffs since 2025. The college cited a significant decline in international student enrollment as the primary reason for these difficult but necessary cuts. Faculty members will continue to work and receive pay for 90 days following their layoff notices. The union expressed concerns about a lack of transparency regarding future employment security.

Kitchener, Ontario

https://www.cbc.ca/lite/story/9.7327078?feature=related-link

California is poised to enact a new law requiring businesses to disclose if artificial intelligence or automation is replacing workers during layoffs. This legislation, which has passed the state Senate, will expand existing layoff notification requirements. Employers will need to include information about AI or automation in their official layoff notices and reports to the state's labor agency. The bill aims to provide greater transparency for workers affected by technological displacement. Governor Gavin Newsom is expected to sign the measure into law.

Sacramento, California

https://news.bloomberglaw.com/daily-labor-report/california-passes-bill-requiring-notices-of-ai-related-layoffs

Anyone in GFCCP/GI/Compliance affected? It seems a few in Risk and that was all? Seems a little worrisome and hence supports the rumors that there are additional layoffs to waterfall this week. Anyone have news from these departments?

VCU Health's environmental services contractor, Crothall Healthcare, is set to lay off 545 employees. This action is a direct result of VCU Health selecting a new provider for these services. The transition to HHS Environmental Services will take effect on November 1st. Crothall expects most affected employees may have an opportunity to continue their employment with the new contractor. VCU Health stated the change is part of a regular evaluation and competitive sourcing process.

Richmond, Virginia

https://virginiabusiness.com/crothall-healthcare-vcu-health-layoffs/