#layoffs

Posts mentioning hashtag #layoffs

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Hundreds of layoffs, but the execs go play at DAVOS!

It boggles the mind how bad the optics are of a company posting a “great” results year for 2025, then immediately laying off hundreds of people, to then spending at least $1M on glad-handing at Davos this week with their team of sycophants.

It’s such poor taste to do this, but it’s absolutely the goal. Let’s go and try to be relevant with those who are. Be seen with leaders and doers we want to be peers with. Meanwhile, we limp along not investing in new products until we can sell someone on the idea to pay for it.

#Layoffs #Leadership #Morale

Frontier deal set to close January 20th

https://www.lightreading.com/broadband/california-approves-verizon-frontier-deal-with-conditions

20 Billion dollar deal negotiated, lots of conditions and agreements to include employment guarantees for Frontier employees, and DEI considerations.

How will this affect future non-union employee layoffs going forward?

#Merger #Layoffs #DEI #EmployeeRights

Hey there, Voyix peeps who remain, hope you are well:

Was RIF’d in August, didn’t really get to say goodbye to anyone, and I genuinely liked everyone on my team. RIF’s and layoffs su-ked, but y’all didn’t.

And to the person that will inevitably comment about leaving NCR “x amount of years ago and never being better”, I’m glad for you, friend, truly.

#Layoffs #RIF #Morale

Layoffs: 1 at a time

Hearing of several one-off layoffs. One person in a department vanishes. ESC. Seems like a week ago was a layoff week. Labs are adding people, ESC is tossing people. Discouraging. Frustrating. What are other people hearing? I can count 5 in the past 3 weeks across plants and corporate.

#Layoffs #StealthLayoff #Uncertainty

Buckle your seatbelts. Another round is on its way!

https://www.thehrdigest.com/verizon-layoffs-to-hit-15000-roles-in-2026-as-automation-takes-over/

Hopefully a full pain or whatever the he-l his name is on the list. You know the guy who barges into meetings and takes credit for other peoples work without contributing zilch! Then again the almost 90% of upper management at verizon.

#Automation #Layoffs #Management

Companies like UPS, Amazon, and Microsoft have cut thousands of jobs

Job Security Through Education Is Gone.

https://finance.yahoo.com/news/massive-corporate-layoffs-changed-everything-183114744.html

Robert Kiyosaki argues that traditional job security is now obsolete. He cites recent large-scale corporate layoffs as evidence. Companies like UPS, Amazon, and Microsoft have cut thousands of jobs. Kiyosaki advises increasing financial intelligence instead of saving money. He recommends investing in assets like gold, silver, Bitcoin, and Ethereum.

#JobSecurity #Layoffs

Citigroup Announces Layoffs; AI Impact Debated

Citigroup announced over one thousand job cuts. Meta also cut 1,500 jobs in its virtual reality division. However, little evidence suggests AI is displacing workers en masse. A recent analysis found the proportion of AI-disruptible jobs remained steady. Macroeconomic uncertainty and immigration policy changes also influence the labor market.

https://www.fastcompany.com/91474511/ai-related-layoffs-keep-coming-but-theres-more-to-the-story

#AI #AILayoffs #Layoffs

LAYOFFS: Jeppesen ForeFlight (Boeing's Digital Aviation Solutions business)

Thoma Bravo Acquisition Leads to Jeppesen ForeFlight Layoffs

https://www.ainonline.com/aviation-news/air-transport/2026-01-15/private-equity-buy-leads-layoffs-jepp-foreflight

Jeppesen ForeFlight employees recently experienced layoffs. This followed private-equity firm Thoma Bravo's acquisition of Boeing's Digital Aviation Solutions business. Boeing sold the business for $10.55 billion last November. Initial social media claims of 40-50% layoffs were deemed overstated by the company. Jeppesen ForeFlight stated these changes streamline operations and support product innovation.

#Acquisition #Layoffs #PrivateEquity

How do layoffs affect the stock price?

I keep hearing that the reason this company does layoffs is to help the stock price. But since they never do a formal press release announcing the layoffs, how can layoffs possibly affect the stock? I thought the whole point of laying people off a little at a time was so that the public doesn't find out.

#Layoffs #Rumor #StealthLayoff #StockPrice

any H1Bs impacted?

Anybody on H1B visa impacted in this round so far? In previous rounds, no visa folks were impacted, at least on the network org. Seems like company is harboring visa holders, Anybody else feel that way? H1B paperwork involves filling costs, lawyer fees etc. which is opex, If the goal is saving opex....

#Concern #CostCutting #H1B #Layoffs #Opex

Polygon Reportedly Cuts Nearly 30% of Staff in Post-Acquisition Layoff

  • Polygon has reportedly laid off nearly 30% of its workforce, based on insider information and emerging social media reports.
  • The cuts follow Polygon’s pivot toward stablecoin payments and its $250 million acquisition of Coinme and Sequence.
  • Polygon confirmed that the layoffs are part of post-acquisition integration, and overall headcount is expected to remain stable.

https://beincrypto.com/massive-polygon-layoffs-2026/

#Acquisition #EmployeeRelations #Integration #Layoff #Layoffs

Field transformation - Project Mirage

First week of February announcement of RVP and DPR position being eliminated. New role “Senior Operations Manager” to replace RVP/DPR. DM role will have average of 25 stores that reports to new SOM.
Front end and Pharmacy will be separated for DM and HCS.

Good luck to SM that will have two bosses!

#Change #DepartmentClosure #Layoffs #Management #Reorganization

Don't forget that layoffs criteria revolve around profits

Not your performance or dedication. Worse, actually. Being both skilled and experienced pushes you towards the top of the list, because quality is costly. Don't bother trying to prove yourself in the coming weeks, or doing extra work in an attempt to save your job. Definitely don't take being laid off personally. In this stage of corporate greed and extreme short-term thinking, it's more likely a badge of honor than a statement on your worth as an employee.

#CorporateCulture #EmployeeRelations #Layoffs #Performance #WorkLifeBalance

Hundreds of layoffs set to begin as Valero idles Bay Area refinery

In a regulatory letter filed Tuesday with state and local officials, Valero said it expects to permanently idle refinery processing units at the Benicia facility and lay off 237 of its 348 employees from March 15 to July 1.

https://www.sfchronicle.com/bayarea/article/valero-benicia-refinery-layoffs-21297216.php

#DepartmentClosure #EmployeeTurnover #Layoffs #NoticePeriod #WorkforceReduction

Gotta pay for that ballroom

We were told we were a family. That this culture was different. It’s only a matter of time before you are deemed not efficient enough and they show you the door.

I had coworkers that have recently been on baby bonding leave, others that are in their early 60s and too young to take Social Security. Not efficient.

I’m so sick of it. Anyone with a VP title and making these decisions just cares about the stock price and their payout and making sure that they have enough. Last year alone our CEO sold over $40 million in stock, that’s on top of his salary. Oh and how many millions did the Ballroom donation cost T-Mobile? I guess they’re making up the difference now.

The only thing I think we can do is join together and unionize through CWA just like ATT and Verizon have done. We need better protections, more transparency, and a seat at the table when we can get it. I don’t know how we do this but I know I’m tired of being thankful that it wasn’t me that was let go this time around.

#Culture #EmployeeRelations #Layoffs #Transparency #Union