#layoffs

I've seen some folks reporting 3 weeks per year of tenure and for short-term employees numbers seems to be smaller. I also see that some are reporting that lawyers are advising them to sign. Just curious if we can consolidate what we know about severance for this round of cuts so we can have it here archived for future layoff rounds (I wish I asked this last time too)...

Let's track who was let go but be careful not to out yourself by revealing too much. Reply to this thread and post detail you are comfortable sharing.

RIF today in the very last days of the 2025 fiscal year for Siemens Industry Automation group.

Did you double dip and get a free Hess toy truck while also taking a picture by the Hess truck before it leaves forever to New York? How are you feeling after the Churn? Was everyone civilized or was it as dramatic as Rose in the Titanic?

Managers are aware of who will be impacted in Oct/Nov. HR has the lists already. Does anyone know if the names are set in stone?

Who all from Cigna has been impacted by the layoffs? What leaders have been let go over the last week

Meeting sent out. Good luck folks

Fortinet, laid off some employees this month after their stock took a nose dive.

Does anyone in the company have any insight to the results of the third quarter do you see any layoffs coming?

Stay tuned

Part of the 9/3 layoff. I signed severance document on the 4th. Anyone know when we can expect payout?

20% HC reduction

Stop fear mongering, nothing is happening today nor tomorrow nor any other day. Just check your senior leaders calendars there is nothing suspicious there. And kearl asset manager is on days off, don’t you think he would be working if there were layoffs. Calm tf down.

A report said TCS layoffs raised alarms in the IT sector and employees shared forced resignations, a “fluidity test,” and an environment of fear. Some staff were blocked from projects despite skills, while HR reportedly pressured resignations. IT unions condemned the move, calling it mental harassment and a violation of company policies during workforce reductions.

https://www.latestly.com/technology/tcs-layoffs-employees-claim-environment-of-fear-with-forced-resignations-fluidity-list-spokesperson-denies-job-cuts-beyond-12000-7135956.html

Do we know what's getting hit this time? Or do we get to guess again?

Friday was the last day for over 1/4 of the contact center and from what I hear similar rifs occurred elsewhere in the life & retirement area. Next big layoffs are planned for November-December timeframe af the division winds down and transfers servicing to Everlake/NTT Data/TAG.

About Union Pacific Corp.:
The Union Pacific Railroad is a freight hauling railroad that operates 8,500 locomotives over 32,100 route-miles in 23 states west of Chicago and New Orleans (as of 2016). The Union Pacific Railroad system is the largest in the United States and employs over 40,000 workers. The company is one of the largest transportation companies in the world and is headquartered in Omaha, Nebraska.

We are now about what 28000 employees... maybe? And they HAD 8500 locomotives, they only are running maybe 3300? How many are stored broke or have been sold off?

Just want people to be aware that the current labor budget increase for TI is only a few percent over the next five years. It's well below a cost of living increase for existing employees assuming no new hires or attrition. There are more layoffs planned for the future.

Any layoffs ?
People sending emails about their last day at fidelity .
Also seeing other folks in other companies with long tenure doing the same. Saw atleast 2 of them this morning on linkedin.
Also lot of hiring in India as H1B fees by trump.

Q3 was not good, heads will roll. Add in Champion X and the other new purchase. The need more cost savings to keep free cash high.

People being laid off in Freising. Are you negotiating or accepting the offer?
I got 2 months of severance, not enough to wait for unemployment benefits.
If we don't accept can they fire us?

Let's turn back the clock a bit. Around ten years ago Dell laid off a lot of long time employees. Employees who had worked for the company for 15 years or more. As you would expect after 15 years, these were very well paid employees across all skill workers.

Dell was still a growing company and could have offered other roles to these employees. However Dell let them go. Needing a wealth of new employees Dell turned to India and the new hires received the kind of lower wages that new employee (performing the same job) would get as opposed to a long time employee.

Now here we are in 2025. Those H1-B hires are now in their tenth year. Through annual raises they are now a bigger hit to OPEX. Now comes Trump's new H1-B policy. So now Dell gets to layoff veteran and costly H1-B and blame it on the new H1-B policy. But now they simply run the same gambit of laying of veteran employees for new lower paid replacement and look innocent free.

It's like in that movie The Sting. Never let your mark know they were stung.

https://www.youtube.com/watch?v=e-Ecodxn5m4

Major tech companies including Meta, Google, Salesforce, Amazon, and Tesla continue to announce large-scale layoffs, often attributing them to advances in artificial intelligence. At the same time, firms are quietly expanding through H-1B visa hiring and outsourcing to countries like India, where more than 1.6 million people now work in global capacity centers.

Data shows Salesforce, for example, cut nearly 4,000 employees while bringing in roughly the same number of visa workers over the past three years. Tesla faces lawsuits alleging the replacement of thousands of American workers with cheaper foreign labor. Amazon, despite claims of automation, secured more than 12,000 visas in 2025 alone.

Executives benefit from this strategy: every announcement of “AI layoffs” drives stock prices higher and boosts their compensation. Policies such as the 2017 Tax Cuts and Jobs Act further incentivize offshoring by lowering tax rates on overseas profits.

While AI is genuinely replacing some jobs—particularly in content moderation, customer service, and IT support—corporations are also using the technology as a convenient narrative to mask cost-cutting and labor exploitation. Unemployment among U.S. computer engineering graduates has tripled in a year, and many new graduates are struggling to secure entry-level roles that have been systematically reduced.

The long-term risk mirrors the manufacturing exodus to China in the 1980s and 1990s: a hollowing out of U.S. jobs while overseas economies flourish.

Got laid off this past Thursday,along with half of my fab DMOS5-DMOS6
RFAB ALL TOOK MAJOR LAY OFF MORE TO COME I HEAR.

Layoffs tomorrow and all so they can keep bringing in Coach people who are overpaid and lack logic, nor have any history of true success…this board is part of the problem as well (somehow this seems to be overlooked).

The past year I've been settled in cruising, super productive, high touch customer engagement activities that were directly tied to a revenue stream, 5 rating all around, visibility up to my VP. The thought of a RIF was the absolute further thing from my mind. And guess what, I got that 15 minute appointment scheduled in my calendar a few Monday's back, and it all ended. So for everyone left at Oracle thinking you're untouchable because of what you do, think twice. You/we really are just a number and when your time is up, someone up high will punch your ticket and you'll get that tap on the shoulder from your manager.

If AT&T had:
Skipped DirecTV & Time Warner
Kept debt $250 B today
→ Same dividend dollars, but 2× per-share payout and higher equity value
This is the opportunity cost of “empire building.”

The acquisitions didn’t create incremental distributable cash; they masked stagnation until the balance sheet cracked.

So earlier this month, it was announced that Citi is giving BlackRock $80BN assets for them to manage, and in the process, will be taking some CIM portfolio managers with them as BlackRock employees. I guess Citi is ultimately trying to get rid of in-house management. However, nothing was said about the back office and support teams that support the CIM business. There has been ongoing angst in my team and other teams about potential layoffs. Anyone else work with CIM and have similar concerns? Or am I just overreacting and it will be "BAU" as senior management says....

Nobody's going to tell a group of grumpy old demagogues what to do, especially when their stock buyback tricks are working better than a speedcam during rush hour!

Insiders not buying or selling the stock means there is material public information they have. With there net debt at 3.7 Bill. I imagine it is at the finish line.

When organizations face the difficult decision of reducing headcount, it’s important to balance business needs with employee well-being. Instead of removing people randomly, one approach could be to create a “wishlist” where employees can voluntarily express interest in leaving.

This method allows:
• Employees who are ready for their next chapter to exit with dignity.
• Critical roles and talent to be retained for business continuity.
• The process to feel more transparent and humane, reducing uncertainty and anxiety.

Such an approach acknowledges that some team members may already be considering new opportunities, while others are deeply committed to staying. By aligning both organizational and individual needs, Dell can manage necessary changes with empathy and fairness.

Hey, laid off over 3 years ago. Just wondering what is happening at good ole(d?) Wells Fargo. Ran across this youtube short https://www.youtube.com/shorts/kqLz53z8Inc and thought that might be the situation.

Honestly, I don’t know what to make of Wayfair right now. The pay is solid and better than what I’d find elsewhere, but it feels like layoffs are always around the corner. It’s like every few months people are left wondering if they should stick it out or leave before they’re next. For those of us in North America, what kind of roles are most at risk? Is there actually a stable future here, or is it just about staying for the paycheck and dealing with the uncertainty?

And that email from Steve on September 16th… what was that? The message just didn’t sit right — some parts sounded like cuts, other parts like spending more money, and none of it made sense. Feels like leadership is saying one thing to us but doing another behind the scenes. Curious if anyone else feels the same or has more insight into where things are really headed.

First.... employee RTO mandates looming at Big Green while outsourcing many positions to contact labor that won't be subjected to RTO like employees. 🤔🤷🏻‍♀️

Second....
https://www.inc.com/joe-procopio/return-to-office-mandates-are-about-to-backfire/91244646

_

Is there even one? I can’t see any vision behind these layoffs. It just feels like the same old story - more work for fewer people, with nothing else really changing

The Trump administration is set to oversee the largest mass resignation in US history on Tuesday, with more than 100,000 federal workers set to formally quit as part of the latest wave of its deferred resignation program.

With Congress facing a deadline of Tuesday to authorize more funding or spark a government shutdown, the White House has also ordered federal agencies to draw up plans for large-scale firings of workers if the partisan fight fails to yield a deal.

https://www.theguardian.com/us-news/2025/sep/28/us-mass-resignation-federal-workers

It’s not like we’re entering some golden age of retail. Honestly, I’m terrified of what’s ahead. I’ve been looking for jobs for a couple of months now just to be somewhat prepared, and it’s discouraging. I have no idea how we’re supposed to pay our bills and feed our families if we end up jobless. Covering basic necessities is already hard enough as it is.

Catalyst business becomes highly sought after and Shell may actually get sold this time.

• Roseburg Forest Products has ceased hardwood plywood production at its Dillard, Oregon, facility.
• The closure results in the layoff of 107 union-represented employees.
• Other operations at the Dillard complex will continue, and the company is investing in other areas.

https://www.registerguard.com/story/news/local/2025/09/26/107-layoffs-roseburg-forest-products-hardwood-plywood-facility/86355908007/

My Brother was layed off. He's been with the school for 28 years. Many people who have been there a long time but not quite at retirement age were layed off. He said many students are upset.