#layoffs

Homebuilder layoffs rise-especially in Texas and Florida - as pricing power slips

https://www.resiclubanalytics.com/p/housing-market-homebuilder-layoffs-rise-especially-in-texas-and-florida-as-pricing-power-slips

• Residential building construction employment is down 3800 jobs (-0.4%) from its cycle high, while residential contractors are down 44000 jobs (-1.8%).

Locations: Texas; Florida

Published At: 09/06/2025 & 07:21 PM UTC
Industry: Construction

Rumor has it that IOL LT went to Houston to receive new set of instructions on what to do with their company. Quarry Park HQ is most likely being closed down and staff being moved to downtown (and hundreds of job layoffs in calgary).

Some people saying Exxon will take a full stake in IOL to enable this cut.

Any bets on when the next round is going to be? After q4 earnings come in low? Turnaround falters and tariffs bite?

A new list is being prepared. This will be finalized by the end of Sep 2025 when the affected employees will be notified. The affected employees will leave Intel sometime in November.

Not sure which BUs besides Intel Labs will be affected by this.

Chevron was once a great company that valued loyalty, years of service and experience. Your 20+ years of service was looked at as an asset that would be rewarded by a career in which you could choose when to retire with dignity. No longer the case. Under the 'profit right now' short-sighted leadership of Mike Wirth and a phony worthless HR dept, as soon as times got tough they shamelessly let go of their most tenured and loyal employees. Ageism 101. What's left is a batch of fearful, low-morale employees that fully realize how dispensible they are at any given moment. To prospective Chevron employees I say the current state of the company is not worth your time and effort. Look elsewhere where you'll be valued as an asset and not a disposable object at the company's whim.

Thanks, Mr. Wirth for destroying what was once a top workplace filled with content employees. Under your leadership the company is now a shell of its former glory.

I gutted mine for all it was worth. Get your moneys worth.

All I see today is news on the new treasury AI from FIS. Nothing about the layoffs. Well timed press to cover up the layoffs? Well timed to make it seem like the "jump" in profit looks like its coming from this so shareholders spend more? Thoughts?

It looks like Fidelity / Veritude is being investigated for H1B violations for offering jobs to H1B folks before offering positions to Americans.

To all folks who have been laid off or know someone who was laid off by Cigna, what were the signs?

I’m talking about everything you noticed from management disengagement, anything “off” or not that lead to that last minute meeting

This could be helpful to reduce shock value to a lot of us who will probably get that WebEx meeting sometime in the future.

Given that the lay off selection didn't consider a person's performance rating, how on earth does Oracle think they can motivate the employees who remain ?

Well, apart from maintaining a culture of fear and simply telling them that "youre lucky you still have a job".

Thank you for your service .... sorry, no focal again.

It’s coming.

We were just told by our TM that personal lines will be over staffed by around 500 by the end of the year. Said people we will either be moved to claims or part of the severance/transition. She told us that they are waiting on upper leadership/HR to decide if we were going to be part of a transition plan. It's only going to get worse as more states go thru mod. I have a feeling the remote folks will be the first to be targeted. I worked in claims 13 years ago when we went through the transition in auto claims. It was awful then and my friends that are still there say it is so misrable that people are quitting daily, out on leave or getting fired. DO NOT take a claims job, you won't make it and will either quit or get fired and miss out on voluntary severance if we have that option. Again people think about it and talk to people in claims, take the severance and run! This place is an absolute total sh-t show!

So does anyone have any actual news about actual layoffs coming up on September 15th? Per the contract we should know if any department will get buyouts of layoffs for the next quarter (bargained for that is) right before Christmas.
Here in southwest Construction dept had info of a reorganization among the state of Texas then it was all put on ice.
I assume they are waiting for surplus announcement first.
Repair department gets one job a day and most guys have nothing else all day so I can only assume their time is up but no news around here, anyone know anything about next week announcements please share.

Is another round happening this year? Given share price more simplification is required?

So the opinion is that with contract coming in next summer the company would never offer a buy out .I believe the whispers I hear of the opposite. What better time scare the guys who been on the fence with the possibility of a strike .Then you lower the already low numbers right before a strike with a package they can’t refuse.The real bargaining issues are already retiree issues !!!So the company knows this retiree issue is now the biggest issue to deal with!!I would be on the look out for a union associate package in oct.Along with tons of management buyouts.The Verizon motto Less headcount is already well on its way

https://www.local3news.com/local-news/bluecross-blueshield-of-tn-announces-around-95-more-layoffs-dozens-of-positions-eliminated/article_505b8dcc-5f9a-4b64-80fc-d20fbc90da6c.html?fbclid=IwdGRleAMo-4pleHRuA2FlbQIxMQABHtypVmQuYyfqhWu5acfBPOtn_FTLqJ2bHp_mECStwOIQhp2m6-HSlowf0HOs_aem_fOp-EtTyEgQztVTNNtXwvA

Would there be any benefit to submitting an EOI at this stage, or have the decisions already been finalized?

Yes we are near the good old end of the time. Nobody is going to buy a new phone or change a plan. As they loose their jobs lines will be cut. One line and another line will get cut. The old school land line will be back for like 25 dollars. and we don't need a portable phone anymore. We won't carry it...We also won't want it. Just like we don't watch TV anymore. the best of the times will come. no more jobs for india.

Sep05 6am UTC - Sep06 7am UTC totals: 245 layoffs, 53 additions.
September totals (except Sep01): 4270 layoffs, and 53 additions.
Methodology and day-by-day breakdown is in comments.

I'm stuck working with people whose IQ is a few points above than a box of rocks. Not the sharpest tool in the tool shed, and I wind up doing their jobs for them. Not only do the smart, hard working people that got laid off got the shaft, but those also that remained with those that should have been let go.

Layoffs have been happening in small batches. Ford Credit customer service got hit hard this week. you could not get a breath between calls till Friday and that was only because they kept asking for voluntary overtime from employees. Also other depts that we transfer calls to must have gotten cut again because their estimated wait time to answer a call went through the roof. Most of our reps are in Mexico now anyway and Panama for Loss Prevention, etc. I believe Monday Sept. 8th is going to be another firing day. We asked team leaders what was going on since we knew that many people would not be on vacation at the same time, scheduling won’t allow it. All TL did was stutter some stupid answer, not really an answer. I noticed a few of my over 25 year co workers in customer service disappeared starting Monday, August 25th

It feels like Yong-Hee has visited every location, region and remote worker over the last two weeks. Squid Games is real and we know LE and Catz are the ones in the masks calling the shots when it hits RED. The only ones left getting Mr Piggy are the not the workers thats for sure.

I left after LR and coming back taking a role in sales..will I be here next year?

It appears that over 17,000 layoffs have already occurred, and the process is still ongoing.

Anyone hear who is going from SNP?

https://x.com/TheLayoff/status/1964102000561574055

Sad that this once great company has gone down the tubes in the last five years. Yes, layoffs are a coming because of inept leaders.

I heard Technology is doing huge cut next week. Can someone confirm?

Halliburton reduces workforce as oil activity slumps, sources say
By Shariq Khan and Liz Hampton
September 5, 2025

DENVER, Sept 5 (Reuters) - U.S. oilfield services provider Halliburton (HAL.N), has been cutting staff in recent weeks, according to two sources familiar with the matter, marking the latest workforce reduction in the U.S. oil industry as it faces rising costs and a period of lower prices and volatility.
Global benchmark Brent crude oil prices have dropped more than 10% this year amid uncertainty over global trade policies and as the Organization of the Petroleum Exporting Countries and allies raise output. U.S. oil company ConocoPhillips this week announced it would cut up to 25% of its staff to reduce costs.

The scope of Halliburton's layoffs was not immediately clear.
Halliburton has rolled out the cuts over several weeks, according to the sources, who were directly involved in layoffs but not authorized to speak publicly. At least three business divisions had lost between 20% and 40% of employees, the sources said.
Halliburton, the third-largest global oilfield services company by revenue, did not respond to a request for comment.
Oilfield services companies provide technical expertise, equipment, and labor, including drilling, to support oil and gas exploration and production.
Houston, Texas-based Halliburton had 48,395 employees at the end of 2024, according to its latest annual report.
The company in June said it expected a sharp decline in full-year revenue, as it warned of lower activity in the oil and gas sector. It posted a 33% fall in second-quarter profit this year amid weaker demand.
On a conference call with analysts after reporting second-quarter earnings, CEO Jeff Miller noted the oilfield services market appeared very different than it did 90 days ago, citing a slowdown in North America and among large national oil companies elsewhere.
"To put it plainly, what I see tells me the oilfield services market will be softer than I previously expected over the short to medium term," he said.
Brent crude was trading below $66 on Friday, down nearly 20% from this year's peak north of $82 a barrel in mid-January, as investors braced for the OPEC+ group's meeting on Sunday. Reuters earlier reported the group will consider raising output further at that meeting.

Reporting by Liz Hampton in Denver and Shariq Khan in New York; Additional reporting by Arathy Somasekhar and Georgina McCartney in Houston Editing by Rod Nickel

https://www.reuters.com/business/world-at-work/halliburton-reduces-workforce-oil-activity-slumps-sources-say-2025-09-05/

Banner Health will transition McKee Medical Center into a specialty hospital, closing its ER and affecting 351 positions across Northern Colorado facilities.

https://www.9news.com/article/news/health/banner-health-mckee-hospital-staff-northern-colorado-layoffs-er-closure/73-90d5363d-2f2b-42bc-bdc4-78f9c5267898

This week was brutal. The rumors are endless, and it would be a relief to know for sure if we can at least take a breather for a couple of days. But honestly, I’m not feeling very optimistic.

Publicis seems to be a sinking ship. Over 400 to 450 people have been laid off in less than a year. Today 100 to 150 MORE people were laid off.

The mutual insurer expects layoffs to occur only in "limited scenarios based on business area needs." Morss-Fischer stated, “These changes are part of our continued efforts to shape a stronger, more flexible organization for the future,” in comments provided to AM Best.

https://www.insurancebusinessmag.com/us/news/breaking-news/state-farm-rolls-out-voluntary-exit-option-says-layoffs-in-limited-scenarios-548641.aspx

They are saying layoffs Mid Sept for some and Mid Oct for others on Optum side...shared services, wellmed, ect. What does it look like for UHC/UHG? Should we be expecting the same. The Steve H email makes me think we should.

Layoffs are spreading across industries, with energy companies hit especially hard. ConocoPhillips plans to cut up to 25% of its staff, or about 3,250 jobs. Chevron is preparing to eliminate as many as 9,000 positions this year. A glut of oil and weak demand outlooks have hurt margins. To preserve cash flow, firms are relying on large-scale cuts, leaving many workers vulnerable.

Tech firms show a very different picture. Profits are climbing, but headcounts are shrinking. Salesforce reported a 10% revenue increase to $10.2 billion and boosted buybacks by $20 billion, yet it cut 4,000 jobs. Oracle shares have jumped 33% this year, with sales hitting nearly $16 billion, but thousands of jobs have been cut in several states. Cisco also raised revenue to $14.7 billion but announced more layoffs, adding to the 5,000 cuts made last year.

Even the biggest names are following the same path. Microsoft brought in nearly $80 billion in sales and $27 billion in profit last quarter. Earnings rose 24% in the same period. Still, the company has let go of 15,000 workers this year. Across sectors, companies are chasing efficiency and stronger returns, while employees face growing insecurity.

https://finance.yahoo.com/news/record-profits-layoffs-wall-street-183153817.html

Source below:

Layoffs are making news across industries, with oil and gas hit hardest. ConocoPhillips will cut up to 25% of its staff, about 3,250 jobs. Chevron is preparing to shed up to 9,000 positions this year. Oversupply and weak demand have cut margins, and companies are cutting jobs to protect cash flow. The move may help balance the books but creates deep pain for workers.

Tech tells a different story. Companies are posting record profits yet still shrinking staff. Salesforce grew revenue by 10% to $10.2 billion and boosted buybacks by $20 billion but cut 4,000 jobs. Oracle shares are up 33% this year with sales rising to $16 billion, yet thousands of roles are gone in multiple states. Cisco also grew sales to $14.7 billion while announcing new cuts, following thousands of layoffs in 2024.

The trend is most striking among the biggest players. Microsoft posted nearly $80 billion in sales and $27 billion in net income. Profits and earnings per share rose 24%. Despite this, it has cut 15,000 jobs this year. Across industries, companies are chasing efficiency and higher returns while workers face mounting uncertainty.

https://finance.yahoo.com/news/record-profits-layoffs-wall-street-183153817.html

October 7th- A half a day of gaslighting brought to you by the company that may be about to lay off any number of their employees. But hey, at least you will know about corporate initiatives and integration. I’m so over this!

WHY PAST TRENDS POINT TO ACCENTURE LAYOFFS IN 2025

SEPTEMBER 05, 2025

Speculation around Accenture layoffs in 2025 is rising, as CEO statements, financial reports, and past workforce reductions point toward potential job cuts. Industry analysts warn layoffs at Accenture could mirror the consulting giant’s 2023 cuts, with AI adoption and efficiency drives driving massive workforce changes.

As the tech industry grapples with persistent economic headwinds, speculation is mounting over possible layoffs at Accenture. Rumors of Accenture layoffs are slowly gaining traction, particularly in light of recent statements made by its CEO Julie Sweet. Experts have raised questions about whether the consulting giant could once again trim its ranks.

A SORDID HISTORY OF LAYOFFS AT ACCENTURE

Accenture, which employs more than 770,000 people worldwide, has never been immune to the global volatility. In March 2023, Accenture layoffs led to 19,000 job cuts. It amounts to roughly 2.5% of its global workforce. The move was meant to drive cost-saving as well as reduce office space.

At the time, Julie Sweet described Accenture layoffs as an “offensive” strategy to strengthen the company’s resilience despite strong bookings and healthy utilization rates. The job cuts at Accenture were also linked to wage inflation, economic uncertainty and a massive shift towards larger-scale transformation projects.

CEO JULIE SWEET SIGNALS ‘REWIRING’

Earlier this month, Sweet unveiled what she called a reversal of “five decades of how we’re working,” shifting siloed business units into a more integrated models designed for AI-driven client services. In a video message to staff, she agreed the restructure has “inevitably uncovered efficiencies and duplications”. This phrasing suggests that layoffs at Accenture are underway.

Although Sweet has avoided explicitly framing the shake-up as a cost-cutting measure, her comments echo those made ahead of the 2023 layoffs at Accenture. In the past, she cited “structural issues” as a justification for job cuts. Industry experts note that her repeated emphasis on “rewiring” Accenture to seize AI opportunities carries clear implications for the company’s workforce.

A STEADY HEADCOUNT DECLINE
Accenture reported $64.9 billion in revenue for fiscal 2024. What lies behind this figure is signs of strain. Workforce intelligence trackers suggest headcount at has fallen by nearly 14,000 over the past year, with consulting reducing in 10 of the last 11 months. Analysts describe this as a form of “stealth layoffs” that avoid large-scale announcements.

The appointment of a new CHRO at Accenture has further fueled speculation. In large companies, HR leadership changes often precede restructures and layoffs. Furthermore, industry chatter places Accenture alongside peers such as AWS and Microsoft, where AI adoption is linked to layoffs.

For now, Accenture has not confirmed any layoffs in 2025. But as the company prepares to report Q4 results later this year, employees and investors will be watching closely for signs of layoffs. If past patterns hold, a formal announcement of layoffs at Accenture could follow soon.

What’s your take on Julie Sweet’s bold moves at Accenture? Will layoffs and a culture shake-up spark a turnaround, or is it a gamble too far? Drop your thoughts in the comments below and subscribe to HR Digest for the latest on leadership shifts, workforce trends, and how they’re reshaping the C-suite. Don’t miss our next deep dive, sign up now!

https://www.thehrdigest.com/why-past-trends-point-to-accenture-layoffs-in-2025/

Can someone post an updated slack count.