#layoffs

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IT layoffs

Ryan noted 20-25% but that's an average arcoss the company. IT layoffs will be a much are higher %. If you are in certain groups then you've already seen the contracts being lined up for contractors to replace entire groups and even orgs IT.

The only question is how much will happen in November or how many will be asked to stay longer to train their replacements. Remember the CEP team is now working through 2026.


Rumor that September 10 is a big D day!

Rumor has it that Wednesday September 10 is a major cut day at state street. Internal jobs don’t exist , defcon one is upon us. They even took away and froze bravo awards. Ron should get one for being cheap and treating the employees like cr-p but hey the stock price is fine. Hang in there Flock!


Layoffs are happening

Layoffs are happening, quietly, here and there. I've seen a few people being let go just during the summer months. They will continue happening until 2030. You either find another job or make peace with the possibility of being laid off and collecting severance check. That's Cargill now days, pretty toxic!

Bumping this from @2es+1k33rmqyn for info.


Manager Layer fat prevails

Multitude of high performing ICs are gone while the 6/7 layers of management fat prevails, almost untouched. Hearing that “managers in the next round” for years and years but nothing changes. The spectacularly d*mb , incredibly political and waste-of-space low- and mid-level managers in technical sales are strutting around our U.K. like they are the cat’s a$$ and own the place. Nice selfies from parties at Vegas on social media too. Nothing will change because they have a Patel God. It’s disgusting how deliberately the U.K. org is being decimated for the last 5 years.


Gartner Layoff Buzz Gains Steam Online Weeks After Earnings-Induced Stock Slump

The marketing research company has allegedly laid off 1,000 employees who worked at its Gurgaon, India office, located near the country’s capital city of New Delhi, information shared by Reddit users on the r/Gurgaon subthread showed...

The stock also snagged price target cuts from many analysts, with UBS downgrading it to ‘Neutral’ from ‘Buy,’ citing the company’s soft contract value growth, the Fly reported. The firm stated that the company now appears to be a 3% organic grower in 2026, down from the previously expected 6% rate. According to the firm, this will limit stock upside.

Wells Fargo cut its price target for the stock to $225 from $345, citing a wide contract value miss in the second quarter. The firm based its toned-down expectations on macro uncertainty pressuring the selling environment, as well as cancellations and non-renewals of federal government contracts.

It noted that 40% of federal contracts would come up for renewal in the second half of 2025.

https://stocktwits.com/news-articles/markets/equity/gartner-layoff-buzz-gains-steam-online-weeks-after-earnings-induced-stock-slump/chwIIpURdpF

1000 people got laid off at Gartner Gurgaon in the past 2 days

https://www.reddit.com/r/gurgaon/comments/1n8iuh6/1000_people_got_laid_off_at_gartner_gurgaon_in/


Project Mongoose - We are all different breed of animals according to SAP Management and Board!!

We want to catch up on our former newsletter where we reported on an Executive Board decision regarding a recurring workforce transformation.

On August 5th and September 1st, 2025, the SE Works Council (Europe) was informed about urgent measures which impact all board areas under the codename “Project Mongoose” in an extraordinary consultation. This project is the implementation of the announcement by Dominik Asam and Christian Klein during the past Q2 Earnings Call, which can be summarized by the headlines of 1-2% reduction of SAP’s global workforce.

The SE Works Council (Europe) expresses its deep concern over the decision to proceed with another wave of redundancies in 2025, marking the second such initiative this year following P24 (“Project 24”) Wave 3. Despite reassurances to the contrary by the Executive Board earlier this year, this development underscores a continued pattern of workforce changes without adequate time to assess the prior transformations. This raises the question: What problems may lie beneath SAP’s Half Year financial figures that have forced the Executive Board to resort to such urgent measures?

While the rationale for Project Mongoose has been framed and presented in terms of adapting to technological change – particularly referencing the effects of AI and location strategy – the actual measures appear to us better aligned with short-term financial targets rather than strategic transformation, wrapped in “lean adjustment” terminology. This paradox between reasoning and actions risks undermining employee trust.

The lack of clarity around projected cost savings, customer impact, AI-related redesign, and location strategy further exacerbates our concerns. We fear these decisions may lead to long-term harm – both talent loss and diminished customer trust. The current lack of transparent and straightforward communication creates uncertainty, which reduces organizational efficiency and erodes confidence in the Executive Board.

The SE Works Council (Europe) urged management to present the reasons for the job cuts in more detail and depth, commit to meaningful reskilling initiatives, and avoid reducing strategic workforce decisions to routine cost-cutting exercises, as to us the current Executive Board decision does not seem to be connected to a discernible logic. Following Project Mongoose and P24, we are worried that SAP and the Executive Board might adopt this practice as another adjustment tool that may be used freely whenever financial targets suggest it.

We remain committed to monitoring the execution process, both from the SE Works Council (Europe) perspective and through the local Employee Representations of the impacted countries. During the consultation process, we have been assured that all impacted employees are treated with respect and dignity and within the legal guarantees of the respective countries. Also, at the end of this consultation, we will keep advocating for a long-term vision that values the expertise and dedication of our workforce. We will come back with more information on this topic in due time.

As always, we welcome your comments and suggestions and look forward to your feedback.


rto is a quiet layoff scheme

the return to office push is really a quiet layoff.

during covid many companies overhired. now instead of open cuts, they pressure people back into offices under the culture excuse.

here’s the kicker...... 70%+ of companies will demand 3+ days in office by end of 2025. that’s almost three quarters making attendance a downsizing trick with no official layoffs... voila.

meanwhile remote, proven to raise retention and productivity, is being ki-led off. companies want control of bodies, not more value. it’s a squeeze, not a focus shift. this isn’t about better work. it’s about cutting headcount without hr drama.

and if you hear chatter like oh we’re an office culture, right before they talk comp, take it as a warning. if execs push for 5 days or dangle perks for facetime, stop and ask: is this really culture, or just a quiet exit plan.

look through the haze and fu-k them…


Some news titles today

  • Austin-based Oracle to cut 101 jobs in Seattle in latest tech layoff wave
  • Oracle cuts hundreds more Bay Area jobs in latest round of layoffs
  • Oracle layoffs hit Kansas City as employees report sudden job cuts
  • Oracle layoffs loom despite strong financial results
  • Oracle lays off hundreds more in Bay Area
  • Oracle, Salesforce cut hundreds of jobs in US as tech layoffs drag on: Report
  • Oracle's push toward AI results in more Kansas City-area layoffs

Industry in turmoil

Hundreds of Air Wisconsin workers face potential layoffs as part of possible sale

PSA Airlines announces layoffs as Dayton headquarters move to North Carolina

https://www.nbc26.com/appleton/hundreds-of-air-wisconsin-workers-face-potential-layoffs-as-part-of-possible-sale

https://www.wyso.org/news/2025-09-04/psa-airlines-announces-layoffs-as-dayton-headquarters-mov


Winston-Salem/Forsyth County Schools Cuts

Winston-Salem/Forsyth County Schools hosts job fair after staff layoffs

https://www.wfmynews2.com/video/news/local/winston-salemforsyth-county-schools-hosts-job-fair-after-staff-layoffs/83-67624657-f1d9-44fe-93e5-110ea55c2436

The event includes neighboring school districts and local organizations looking to fill positions.

Sourcewfmynews2.com.
Published: 6:10 PM EDT September 4 2025
Location:Winston-Salem, NC
09/04/2025 & 9:51 pm UTC

Category: Education


4th quarter will be a painful period for many many

If you had no promotions in the last 3-4 yeas, then this year will be a good bye year for you, this is applicable mostly from the Manager levels, that will be one of the criteria to measure your performance.

Restructuring will blow away many delivery managers, VPS and leadership level that are just busy on internal meetings will be the other area of nailing down

4th quarter will be a painful period for many many..............

( One of my close friend at leadership level at Texas that had 27 years of experience told me the above points a month ago and quit just last Friday and that time I didn't believed him and thought he is a stupid, but now I see how wise he is)


Sep05 layoff totals

September 05, last 24h layoffs total: 187, none in American timezones.

September totals, except Sep01: 4025

Methodology: tracking #general Slack channel participants count, since typically access is cut right away and you can see it immediately in Slack.


Synaptics Execs Sell RSU Stock Amid 29.4% Revenue Drop and Layoffs

Synaptics saw a 29.4% revenue decline in fiscal year 2024 compared to 2023, likely prompting layoffs that hurt employee morale. Meanwhile, execs continue to sell RSU stock, funded by stock buybacks, potentially eroding trust further. This raises questions about how many engineering jobs were cut to support these insider stock trades.


Wasn't Redwood Shores the HQ for AI in the Terminator Genisys movie?

Larry gave us forewarning. He wants his AI to rule. And at the very least, you can't be a prominent AI company without decimating your own workforce.

"Oracle, why should I buy your products? How will it help me? How has Oracle AI helped Oracle?"

"We reduced our workforce by 70% in the first year, and so can you!"

"Sold!"


I’ve been job hunting like crazy for months

There’s absolutely nothing. I don’t know if it’s just bad luck or if the market is really this broken. If anyone has even the smallest positive story, please share. I need to hear that someone out there actually managed to land a decent job, or at least got an offer. I haven’t had a single callback. It’s infuriating and demoralizing. And now with layoffs hanging over us, I don’t even know how we’re supposed to keep it together.


Start looking now

It really doesn’t matter if you think you’re safe from layoffs or not, because the job market right now is the worst it has been in years. Employers seem to be taking revenge for the Great Resignation, and that means not only is it tough to find a new role, it’s even harder to find one that will pay anywhere close to what you are used to. You honestly have nothing to lose by starting to look now. The worst that can happen is you do not get laid off and end up landing another offer, which is a much better outcome than being suddenly laid off with no prospects lined up, believe me.


Well well well

The list of major companies laying off staff this year includes Oracle, Kroger, Nike, Scale AI, and more

Ally is cutting less than 5% of workers.
The digital-financial-services company Ally is laying off roughly 500 of its 11,000 employees, a spokesperson confirmed to BI.

"As we continue to right-size our company, we made the difficult decision to selectively reduce our workforce in some areas, while continuing to hire in our other areas of our business," the spokesperson said.

The spokesperson also said the company was offering severance, outplacement support, and the opportunity to apply for openings at Ally.

Ally made a similar level of cuts in October 2023, the Charlotte Observer reported.

https://www.msn.com/en-us/money/companies/the-list-of-major-companies-laying-off-staff-this-year-including-blue-origin-meta-and-microsoft/ss-AA1xcc8H?ocid=finance-verthp-feeds


You Could Try, And Fail.

Maybe your best won't be good enough. But maybe you'll go all in and come out with everything. There's only one way to find out.

Is it me, or do Nike's ads at these times of layoffs, low share price etc speak to themselves...

Sorry for all let go this time.

For those left, you know its only a matter of time