#layoffs

Posts mentioning hashtag #layoffs

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Things have gone from bad to worse

After half our team got cut, things have been brutal. We’re all doing twice the work for the same pay and pretending it’s normal. No new hires, no plan, just endless burnout and silence from management. I'm not sure anymore who got lucky, us or those who were let go.


87 people to be laid off

Citing financial challenges and economic uncertainty, the Lucile Packard Children’s Hospital is preparing to reduce its workforce by 87 positions in December, according to a notification that the Palo Alto medical institution filed with the state this week.

https://www.paloaltoonline.com/health-care/2025/10/14/dozens-face-layoffs-at-lucile-packard-childrens-hospital/


EPA, DOE employees facing layoffs

Federal workers are starting to feel the pinch of the partial government shutdown as the Trump administration implements workforce reductions across the EPA and Energy Department and essential aviation workers go without pay.

https://rollcall.com/2025/10/15/epa-doe-employees-face-layoffs-aviation-staffing-worsens/


Recycled Leaders

I am not sure how some of these so called leaders make it to the top. But, that is one issue. What really boggles my mind is how so called leaders make decisions at one company. The first company turns around and reverses mistakes that leader made. Then a second company hires this leader to come to the new company and do the same thing. For example, Citi laid thousands of people off under DC's "leadership". Citi found out his vision was not sustainable. Citi has since reversed many of his decisions and hired people back. Some people have already moved on. Then what mystifies me is why does Penny Pennington and the powers that be at Edward Jones turn around and hire DC who has proven himself to be a failed leader? Penny Pennington has brought DC into the flock knowing full well that he is a wolf in sheep's clothing. DC is doing the same thing at Edward Jones that he did at Citi. I have seen many really good people who are really good at what they do get laid off to an extent that this model is unsustainable. After DC packs his bags and moves on to the next company to do the same thing Penny Pennington will have to rehire many people she and DC laid off. DC is a mercenary who goes from company to company cutting people and doing things that most people cannot do and be able to sleep at night. The first time I ever saw DC he was having a TED Talk moment in the South Campus Auditorium where he was talking about the movie Zoolander 2 of all things. He was also lecturing us about the culture of Edward Jones (people who had been there for 25-30 years). He said his favorite movie was Zoolander (that should tell you how deep of a thinker he is). He was using some salty language when he was speaking about Zoolander 2. The thing was he was saying it in front of the empty chair on the stage. As we all know the empty chair represents the client. We all have been taught to not say anything in front of the empty chair we would not say in front of a client. But, there was DC lecturing us all about Edward Jones' culture and how bad Zoolander 2 was. It was so surreal having been in the auditorium in the past listening to past managing partners like JB, DH, and JW. On the same stage years later is DC obsessing about how bad Zoolander 2 was. It was the strangest thing ever. But, this is the man Penny Pennington has hitched her wagon and her legacy to. It has become bad. It is going to continue to get worse. The Penny Pennington era at Edward Jones will be looked on as a dark time in the firm's history. When DC has done all the gutting Penny Pennington has hired him to do he will pack his bags and move on to the next company prepared to destroy the lives of the very people who built it. That is just what DC does. I guess he can sleep at night. I do not think anyone with a soul could sleep at night though. You knew who DC was when you brought him on. Shame on you, Penny Pennington, shame on you.


I've been looking around, and it's not good

Jobs are scarce, and those that are available don't pay as much. I was worried about being laid off as is, but that's made me stress even more. I really hope the ones affected are those who actually have options and want out (and I know a few of them) and the rest of us are safe.


So predictable

We have people who can be cut who contribute absolutely nothing. People who go from one meeting to another regurgitating the same points over and over again with nothing new being said or decided. Yet the ones being cut are the people who do actual work and who bring actual knowledge to this place. Thanks again, id--ts-in-charge.


I hope everybody is prepared

Realistically, all of us who work for Xerox know layoffs are always a possibility, but it's still not something that's easy to digest when it actually happens. If it's any consolation, two coworkers left on their own in the last two months, both to new and better jobs, which means that the job market might not be as bad as most of us think. In any case, good luck!


Severance Packages

I’m hearing conflicting info about what the severance package will be for the upcoming layoff population. Will it be the same as those who decided to leave?? Feels wrong to give ppl who decided to leave the same as ppl who actually still want their jobs. And specifically the insurance/COBRA. Will it be subsidized thru to the end of the severance term?


Cost to BNYM: Routine Layoffs vs Employee Retention

BNYM has been saying they ‘need’ to layoff employees to cut costs for several Years now. How is this still a valid/acceptable statement???
I’d LOVE to see the financial records supporting BNYMs stance to continuously layoff employees, yet have thousand of open Career Opportunities available. It is costly to hire new employees, and layoffs create a fear based environment. Why isn’t BNYM committed to Develop and Retain employees???


Diabetes, not MDT for long but more layoffs

Informed that Minimed MDT will only be keeping contributing rolls and has started to inform individuals to look at other jobs in Medtronic and Minimed or elsewhere. They have until end of year or sooner.

Project managers, excessive middle managers be aware of your 1:1s coming up.