#layoffs

Layoffs on Sept 24th and 25th so far. More layoffs appear to be expected.

There’s talk about more coming on Monday, but who knows if it’s true. If anyone has solid info, please share. It’d help to know what we’re really walking into.

Until the next group.

Are the people that are being laid off from claims, call center, or both?

Is someone/anyone getting laid off for the sh-t show that was ISO 20022 wire debacle? Touting that they worked on it for 3 years and the roll out in July was horrible, and still having impacts to our customers because the vendor we're using can't handle the volume. Calling the wire room is useless as you can call 3 times and get 3 different answers as to what is going on

Did this impact the state plan roles?

Has any of this been confirmed? If it’s true, do we know any details? The numbers mentioned are scary high.

There is a big one coming up.. not sure if it gonna be this month or next.. But a huge one.. we have given a lot of names .. like bottom 40% folks for sure.. After being in many meetings, I think my own position is at risk.. So fingers crossed 🤞
OP: @aa+1k5vxm50e

You would think if you were getting a $20+ million dollar compensation package to eventually fire most of Discover, that you’d have the courage to do it in person. Classy move Dan.

Doesn’t seem like the culture at Capone would be worthwhile to stay around for anyways. A culture powered by PIPs and toxic management sounds like it a top place to avoid, not one you should be interested in working at.

Best Buy Co. is reducing its workforce across multiple departments, including its Geek Squad technical support team, Bloomberg reports.

The consumer electronics retailer confirmed it is laying off employees from both its customer care division and in-home field teams. A company spokesperson described the impact to Bloomberg as affecting "a very small number of workers."

https://www.investing.com/news/stock-market-news/best-buy-cuts-jobs-in-geek-squad-and-customer-service-teams--bloomberg-93CH-4254361

I’m also hearing that it’s not just Mortgage being impacted. Please share any info.

Today’s a complete nightmare.

Does anyone know if people were laid off from the NBS team? Or any potential RIF?

Cuts in Digital were shared last week. Does anyone know what groups or how many were impacted?

A reminder that hard work and loyalty never pay off.

Sad day for a lot of people. So far I’ve heard C&D shifts impacted. Anyone know if A&B shifts have been called in yet? Curious because rumor is a 2nd round of cuts goes down Friday.

Can someone explain who is getting laid off?

Starbucks will close about 1% of its locations in the U.S. and North America and cut about 900 jobs as part of its Back to Starbucks transformation strategy, CEO Brian Niccol told employees Thursday, Sept. 25.

https://www.usatoday.com/story/money/2025/09/25/starbucks-closing-stores-cutting-jobs/86341876007/

The rise of AI is likely to lead to more job cuts, even as Accenture believes it will add more people on a net-net basis in the current fiscal year.

From the article: “This (H-1B) is really a non-issue because we only have about 5% of our people in the US on H-1B visas, and they are for really specialized experience and skills for our clients. So, you know, (this is) not something that is really a big impact on Accenture,” said Sweet."

• Sweet forgot (intentionally) to say that she moved thousands of jobs to India.

From the article: "Accenture said it had trimmed the company's headcount by 11,000 during June-August to end the year with 779,000 employees. The rise of AI is likely to lead to more job cuts, even as the company believes it will add more people on a net-net basis in the current fiscal year.

“We’re trying to—in a very compressed timeline where we don't have a viable path for skilling—sort of exiting people, so we can get more of the skills we need,” Sweet said."

https://www.livemint.com/companies/gen-ai-accenture-revenue-headcount-job-cuts-it-technology-wipro-h-1b-visa-trump-infosys-11758810002655.html

Accenture to ‘exit’ staff that cannot be retrained for age of AI

Group details $865mn restructuring programme and outlook reflecting sluggish corporate demand for consulting projects

Accenture has reduced its global workforce by more than 11,000 in the past three months and warned staff that more would be asked to leave if they cannot be retrained for the age of artificial intelligence.

The IT consulting group on Thursday detailed an $865mn restructuring programme and an outlook for the year ahead that reflects continuing sluggish corporate demand for consulting projects and a clampdown on spending within the US federal government.

“We are exiting on a compressed timeline people where reskilling, based on our experience, is not a viable path for the skills we need,” chief executive Julie Sweet told analysts on a conference call.

The company employed 779,000 people at the end of August, it said, down from 791,000 three months earlier, after beginning a round of lay-offs that will continue until the end of November. It did not say how many jobs had gone directly as a result of the restructuring, but said severance payments and other costs totalled $615mn in the quarter just ended and would be $250mn more in the current three-month period.

The cuts allowed Accenture to say it would continue to expand operating profit margins at its historic annual rate of at least 10 basis points in the next fiscal year, a target that some analysts had worried might have to be dropped given the tough industry conditions.

While demand for large-scale digital transformation work continues to be strong, for much of the past two years companies have been wary about hiring consultants such as Accenture for shorter-term projects.

The company said revenues grew 7 per cent to $69.7bn in the year to August, for a net income of $7.83bn, up 6 per cent.

It predicted revenue growth would slow to between 2 and 5 per cent in the fiscal year just started. The range would have been a percentage point higher but for the clampdown on spending by the US federal government, which has historically accounted for about 8 per cent of Accenture’s revenue.

A cost-saving effort under the auspices of the Department of Government Efficiency, initially spearheaded by Elon Musk, has cancelled existing IT contracts and challenged other spending on consultants, while lay-offs across government has slowed the procurement process.

Accenture said that generative AI projects accounted for $5.1bn of its new bookings in the year just ended, up from $3bn the year before. It said 77,000 of its workforce were now skilled AI or data professionals, up from 40,000 two years before.

Sweet said that Accenture’s headcount would grow again overall in the coming year. “We are investing in upskilling our reinventors, which is our primary strategy,” she said.

Accenture shares were down 3.2 per cent during Thursday lunchtime trading on Wall Street.

SOURCE: https://www.ft.com/content/a74f8564-ed5a-42e9-8fb3-d2bddb2b8675

I was told that the margins in the insurance business is getting smaller because of "Washington". that is the major reason of the rif. Thoughts and opinions? I leans towards this is not truthful. this is what the managers were told to tell the rank and file. the real reason is imho bad decisions from c-suite.

It has been a year since DW and George Sloan set in front of us and declared that we are getting out the HW business because it is the right thing to do. George went on to declare that we are turning over any HW development to a company called Ennoconn which he gleefully said is owned by Foxconn who makes cell phones and the transition would be completed by December of 2024.

What they did not say is that at that time Ennoconn had absolutely no presence here in the US when the announcement was made, not a single office except for some guy working out of his apartment in California. That is it…

So fast forward to today, Ennoconn supposedly now has leased a building here in the US and is working to get it set up to begin handling all of the HW business here in the US for NCR. According to sockless Jim, the work was supposed to be done by July, then August, then September, and now it looks more like sometime next year…so much for our wonderful leadership knowing what they are talking about. Of course, they have proven time and time again that they are clueless so this comes as no surprise.

This talk of moving out of hardware has cost NCR $$ Millions in lost revenue due to customers going elsewhere along with higher costs to design, buy, build, test, and sell the HW. It has also cost thousands of jobs too which is still happening.

Forget tariffs, the leadership of this company has redced the revenue and increased the costs of our products themselves which is a huge reason for that layoffs – just as our man Georgieee said it in the last all hands - we spend more than we make!!

Here is an example – the GHQ had a lab constructed in the basement of the building to test the HW we designed. The tests included emissions testing, and other environmental and safety tests. So, the bright idea by our leadership was to dismantle this testing lab and outsource the testing.

So, testing that would have cost thousands of dollars now costs HUNDREDS of thousands of dollars for the same testing. And what of the lab itself, it has been dismantled and is sitting somewhere and, along with the space where it used to be, is not being used at all....great job guys!!

Wonder why there is no money for raises or bonuses – well there is one reason for sure.

So, while we wait for Ennoconn to officially take over the HW role, we lose $$ Millions as our diminutive CFO puts it, because of HW revenue losses - but what he is not admitting is these losses are directly the result of poor decisions made by the past and current NCR leadership.

But hey, instead of $$ we got Pride so let us celebrate with a parade.

Pride - where the men are men and so are the women!!

Am I crazy for hoping to get a call? That 60 days sounds nice and the way they’re moving makes it feel like whoever is left will be worked to the bone.

Analog Power Products division laid off today

Another warning, if you have pension, you have a target. I had pension, I was threatened for a year, that I had to leave the department because "two men don't like you". Then I cut because they didn't need that position. HR was truly, well HR. That position, word for word, was just posted on the public internet. They are truly cutting the old folks for cheaper people, even at the chance of lawsuits.

good luck everyone.

“Hi everyone,
I heard there may have been some layoffs today (09/25) at HCSC/BCBS. Can anyone confirm if staff reductions actually happened and, if so, which departments or levels were affected? Just trying to get clarity and hear from those who may have direct knowledge. Thanks.”

It’s going down now mainly c13 and c14. As I posted earlier this month.

I was let go yesterday and am pregnant, I know of two other people that are also expecting. Are there more people that were let go who are expecting babies?

layoff done. investment coming in. back to the good old days. what do you think ?

So what is? Does anybody know?

Any one knows?

Has anybody been laid off and sent to another facility?

Is anything happening today?

So ... to the folks with the crystal ball ... when is the next layoff round?

If our team was already impacted, are the rest of us safe? Our manager is saying nothing.

I heard there’s going to be more major layoffs in ETX before year end or in January. Rumor is they’re bringing in Salesforce, Microsoft and AWS consultants to do all new work and then offshore teams and managers will support after that. Apparently they want 90% offshore by end of 2026 and are already at 75%

Title / org and location only.

Contact your local senate office for the district you live in. Bring as much light to this as you can because if he has his way all americans will be out of a job soon. All he cares about is India and now Manchester his homeland.