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I think managers are already telling their people. It’s so fu---d guys. My coworker got switched and they aren’t even near a major hub or my team. LITERALLY WHAT IS THE REASON??????????????
I am remote, but still waiting for confirmation.
Good luck and godspeed today. It’s the end of the company we know. Already have friends and family closing their accounts.
https://www.axios.com/2026/01/14/ai-jobs-productivity-workslop
"The big picture: CEOs and employers are super eager to reap the productivity benefits of AI — particularly so they can bring down labor costs.
But for now, AI is mainly being used as an excuse to conduct layoffs that are due to other factors, says Rob Hornby, co-CEO of consultancy AlixPartners.
In a survey from his firm, also out Wednesday, 95% of CEOs said they expected to conduct layoffs in the next five years because of AI. That's likely more hope than reality. CEOs aren't yet seeing productivity gains from AI, he says."
Sounds like LHX. He's probably referring to LHX Next!!
With Pune announcing they will stop working at 11pm their time around 12:30pm EST,
NYC teams are scrambling as the teams do NOT have appropriate staffing to perform the job or experience due to all the layoffs over the past years.
Thoughts on the townhall with Pete?
I’ve been at Honeywell 10 years(multiple SBGs). This is BY FAR the craziest and most chaotic time I’ve had a HON. By far. Really trying to see the light at the end of the tunnel for IA, but the light is dim. Leaders present the pretty slides and visions but nothing ever trickles down. The climb has to be so massive to really turn the IA ship. Every function has a different priority. No one has resources.(and more RIFs are coming) No one has funding. Light at the end of the tunnel is dim.
Trying to stay positive but it’s tough.
Everyone is on edge, wringing their hands hoping that all will be well in regards to their employment.
Lots of naysayers out there. Lots off people who desperately try to sell that its not use to look for jobs elsewhere. Lots of people who try to tell you that if someone got let go “it must be because they got a deserved 4 rating”.
While both can be true, neither is exclusively always true.
The one thing that I know for sure 100% is that you are guaranteed to NEVER find a job outside of Citi if you don’t start looking. Many don’t want to take the leap out of fear of starting over and having to prove themselves. Ok, then all the stress you get from Citi going forward will be forever shackled to you. If you don’t like your world then change your world. Easy, no. Quick, usually not. Impossible, absolutely not. Worth it, for piece of mind, oh you bet it is.
As one other poster mentioned, many people NEED to believe that if someone got let go its because they were a sustained 4 in all areas for an extended amount of time. They have to believe that so that they can take themselves out of that bucket that it could happen to them. They need to believe that if they do all the right things, they are safe.
The actual truth is much uglier than what they can handle.
Work hard, keep your head down, sharpen your skills. Search externally for jobs and apply. Rinse, repeat until you find something and move on. Keep in mind that Citi wants you to move on. They are taking measures to encourage you to leave. If you survive this round, then congratulations, you get to take up the slack for everyone else. You get more work and with most assuredly shortened deadlines with a higher expectations to never make a mistake. Keep in mind all the while with no increase in pay. Its ok though because it’ll be summed up with “don’t forget about your work life balance” speech. To Citi “work life balance” is that your family needs to be ok with you working all the time.
Has anyone heard of benefits dept being offshored? I’ve seen 2 posts on linkedin since yesterday from people on benefits team looking for next opportunity.
Feb 2025 was a bloodbath. Will there be layoffs next month ?
Dont trust anyone do what u can and move on this place is crumbling from within. All the executives suites fault but everyone pays for there clueless ideas.
If it is happening today I just want to say I've loved working with you all. I hope the right decisions are made but regardless, I hope you have amazing outcomes and a wonderful future.
Link to the article: https://www.cnbc.com/2026/01/14/saks-global-files-for-bankruptcy-protection.html
Link to the video: https://www.youtube.com/watch?v=xLbYeI7vvw4
Didn't see anything on here. BDB had about 4% reduction in force on Jan 9th.
I heard the business Resiliency Group in technology had some folks let go to "right size" the org. Does anyone know how many and if there are any other groups getting the slice?
I'm trying to wrap my head around how Wayfair is skirting around reporting layoffs on the Boston Warn site.
An email went out today from CC with the 2026 Enterprise Priorities as if this is supposed to excite us and motivate us to work harder.
"Modernize, transform, and consolidate our technology" (translate: make more job cuts, rely on underpaid incompetent overseas workers to work around the clock, burn-out anyone still here by making them do the jobs of those who were cut too)
"Turbocharge data, analytics and workflow innovation" (translate: a pile of BS which means nothing but sounds good)
"Streamline and modernize our operations" (translate: Don't worry OneTru is our life saving measure and the answer to all our problems, but we still don't have the hang of it yet. But.. getting there, we think, maybe? Hello, is this thing on?
"Evolve our Go-To-Market approach" (translate: keep focused on plans for 2026 layoffs, with less expenses, our bottom line will look better and we can go on more fun excursions!)
"Drive AI innovation across all areas of the business" (translate: the sooner Ai can replace human jobs, the more money we'll put in our pockets from their salaries that no longer need to be paid! Fist-bump!)
Sorry but I just cannot read a list of enterprise priorities and not see the greedy corporate truth behind this veil of deception.
There’s layoffs today
why does it seem like Finance roles are hardly impacted by offshoring, layoffs, pay freezes, AI replacements, etc.
But others are? Finance and Senior Leadership seem to be exempt?
I don't want it for others, but myself. I would volunteer if there was a way. I'm just so done with this place.
Looks like we are now outsourcing training!! DSI is the vendor.
A company spokesperson confirmed that the job cuts will impact staff at its San Francisco headquarters as well as remote employees working from Seattle.
https://www.biospace.com/biospace-layoff-tracker
Leadership indicates a need to reset and focus more on areas that matter. Growth has not been happening as fast as desired.
Peace out Mondelez. It's been fun
BlackRock, the world’s largest asset manager, is trimming its workforce once again. According to Bloomberg, the company plans to cut about 1% of its global headcount, or 250 employees, as part of a broader effort to streamline operations. The layoffs are expected to impact multiple divisions, including investment and sales teams.
https://www.tipranks.com/news/blackrock-blk-to-cut-250-jobs-in-latest-round-of-layoffs
https://www.businessinsider.com/meta-layoffs-reality-labs-vr-horizon-worlds-teams-2026-1
They're happening this week. But do we know if all the cuts are US only?
A source inside Boeing told KING 5 the company held a mandatory call Friday morning, during which employees were told Boeing plans to cut about 10% of jobs in Boeing Defense, Space & Security (BDS) Supply Chain.
https://www.king5.com/article/tech/science/aerospace/source-boeing-layoffs-defense-supply-chain-work-group/281-415aa055-b8c0-48df-86e6-0a066775a6e6
Labor cuts. It's about time Amazon gets rid of these people that don't work. Floral. SSS. Self Checkout "attendant". Bakery "Cake Decoraters". "Bakers". "cooks".
All useless. It's time for them to hit the road.
Any idea if the Feb JEs will involve low performers OR specific functions (e.g product mgt, QE, project mgt…)?
Heard some folks will be RIFed on Jan 31st or before. A lot of org changes going on. Any updates?
OK, here is the money crunch. There was ~$479,000,000 in cash or equivalents on the books on 9/30/25.
Great! (not really)
There are also 27,000 people on payroll. Divide the numbers and you get $17,740 per person. Great? No, not really.
Some people make a lot, some make terrible money. If the mean salary is $50,000/year and you divide that into $17,740, you get 35.4% of a year - or about 90 days of payroll.
Money is coming in still but this, and overhead, the cost of goods, and most importantly, the debt load, is too much to survive. The only way they can survive is to borrow money and they can't. It's too late to fire their way out of this, hence the lack of trying.
There are two smaller debt payments (both around $100 mil) due this year. Either one could end the ballgame.
Looks like a tough quarter. When do the layoffs start? They need to get the margins up.
I know the documents say 30-60 days for them to be paid out but has anyone gotten a more precise date. Specifically for the 12/19 sev group
Hi Folks its that time again, need more excuses for the Analysts, what if say we are expanding AI offices in Venezuela, Greenland, Eye rack, and Canada, or were now run by the blue flag office headquarters. I could reduce the pay raises budget so only the chosen ones get the pay and then use it for more buybacks. Help help this Qtr will be another $5 million in the bank for me amigos.
Anyone know? Field impact?
I just saw on another thread that the RIF for 1/22 was moved to 1/23?? Is that correct and what’s with the change?
We all know that the timeline to make a room OPO employees at Deerfield. Based on that what could possible time line look like for re-org and may be layoffs.
Here is what I think it may look like:
Identify who they will still stay with the company by the end of this week.
Identify which teams they will belong to by end of next week.
Identify where the teams will sit and communicate with affected employees by the end of the month.
Here is what the structure could look like:
C-Level (CEO, CFO, COO, CIO etc)
All would be aligned to achieve same goals every 15 days to a month.
There might be product management team who will continuously be managing prioritized backlog. Their whole deliverable every two weeks is to add new approved items to the backlog.
Tessera’s layoffs come amid broader biotech industry adjustments, with the company narrowing its research scope to core gene-editing efforts tied to its partnership with Regeneron and moving other projects
https://www.boston.com/news/business/2026/01/12/somerville-biotech-company-laying-off-35-of-workforce/
I was impacted by one of the BS pittsburgh layoffs on December 16th. I was told that I would remain an employee through end of December and would then receive an agreement from HR to sign in order to get an extra 60 days pay.
As of 1/13, I still haven't received a box to return my computer and received nothing from HR. According to Voya, I'm still showing as an active employee and can't access any of my retirement funds until I'm terminated. Curious if anyone else laid off in December received their separation items yet. Also curious if anyone would be willing to share contact info for HR. My boss couldn't be bothered to provide me with that basic info when he fired me.