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The Effects of AI on the U.S. economy.

AI does (not) -

Pay Tax revenues.

On the (exponentially rising) U.S. National debt of $38.0 Trillion whereby U.S. taxpayers pay approximately ($969.3 Billion in Interest a year) to outside Investors (almost a Trillion a year) that are both U.S. based, and foreign like Japan; and China; for example.

AI won't replace (anything) that is (not) computer driven.

CEO Elon Musk recently made a (Very incompetant) statement that it would replace (all) jobs.

It won't, but it will replace a lot of entry-level white collar jobs; and a lot of manufacturing; though.


Move on....its not worth it

After 28 years, Dec 31 2024 was it for me. Cannot tell you how relieved I do not have to deal with the ups and downs of VZ. The constant every year layoffs, and BS of the senior managers, directors who protect their buddies, and their "click", ridiculous high school games. Learn what you can on their dime, and move on. You may make less money, but in the end you'll be much happier. In the Bell Atlantic days, things were pretty good, but when the suits came in they f'ed it all up. Who remembers when VZ Wireless moved into BR and we had separate floors, badges, what a sh-t show. Fridays VZ W would wear jeans, and the VZ suits would look at you like an alien. Just because you wear a suit does not mean your smarter, or better. Get off the hamster wheel, find something gives you something....in the end.

VZ is NOT the best anymore, face it


Recent Layoffs

On Thursday, 10/30 a large number of IT employees have been affected by RIFs effective 12/31. There is no public acknowledgement of these activities. This was somewhat expected due to the ongoing expansion of Amgen India in Hyderabad, a decision made roughly a year ago for obvious financial reasons.
Impacted employees are offered severance packages that should help in the interim.


R2B Reps Gone

Majority of R2B reps are going to be gone with an opportunity to apply to retail, B2B or another position. Retail business support will be a combination of B2B, AI and a new support line similar to click to call that basically will process transactions and either dfill or ISPU. No need to continue to pay duel comp. The new plans will be simplified and almost mirror consumer plans. B2B will also take a big hit and streamline the multiple layers of leadership and account executives.


Laidoff Directors, VP's, EVP's can start new companies

This is perfect moment for axed leaders to spin up their own ventures. They do have cash & stability compared to IC's.

With this brutal job market it would be a better opportunity for people to join hands for a new venture.
You can reach out to your loyal IC's who hand your back to band together. Tap your network of technologists and join hands with people who got laid off whether in US or in Asia.

I am sure that the upcoming job market will be tough with 14K+ amazonians and 5+ others flooding the market along with Oracle employees. This also gives some breathing space for visa holders and lower IC's to find jobs.


“JOBS FOR LIFE “

Jeremy “Jobs for Life” tells NS student conductors “ They have a “Career not a JOB “… I wonder if he told that to the current UP employees being furloughed ? How many folks with years of experience lost their jobs to PSR ? NS employees have no idea what Jimmy.V is capable of doing to a railroad !


Halloween’s got nothing on the new C-Suite at Quest Software

Seems like Quest Software’s management has completely lost the plot. Leadership keeps talking about “AI” like it’s some magic fix, but it’s obvious most of them don’t even understand what the products actually do. It’s all buzzwords and no direction.

The work environment has become toxic — people are walking on eggshells, afraid of being the next one on a PIP. Feels like they’re trying to push people out instead of doing proper layoffs so they can avoid paying severance.

There’s a lot of backstabbing going on now, too. Everyone’s in survival mode, trying to protect themselves because no one trusts leadership anymore.

Used to be a great company with solid products and good people. Now it’s chaos and confusion from the top down. Sad to watch what it’s turned into.


GREED

What adds insult to injury?

  1. My last day after well over 30 years is Nov 20, no two day Thanksgiving pay.

  2. Max severance is 182 days, only getting severance pay for less than 1/2 of my tenure.

  3. C suite automatically get 2 full years severance unrelated to their years of service.

  4. The previous layoff in January 25 everyone received max 182 days PLUS $10K. No $10K this time around. Seems like precedent was set and taken away.

This level of greed, cronyism (BH hiring family and friends) and the consistent ADDITIONAL C SUITE hires should speak to the dark soul leaders of this company.


EPAM Systems 2025 Layoffs

In 2025, EPAM Systems is reportedly undergoing silent layoffs, with many employees on the bench being asked to leave due to a lack of long-term projects. Most available projects last only a few months (2, 3, or 6 months), after which employees are again placed on the bench and must prepare for interviews to get assigned to new work. This cycle of short-term projects and frequent bench periods has become a regular pattern within the organization.


The whole industry is upside down

And layoffs are rampant. The demand is tapering off and customers/clients are asking for more with less people and $$$. So, that'd be the environment right now. Things will continue to trend down and it's so hard to find jobs nowdays with everyone laying off people, budgets goin down, etc. Plus tariffs plus geo-political instability plus AI - you get what I am trying to say...

Good luck no matter what!!!!!


Layoffs at GV

They’ve been letting people go at GlobalLogic recently. It’s not a great consulting firm at all - there are serious workplace issues.... i’ve heard reports of unprofessional behavior, managers shouting at employees, and very low pay. They dismissed someone I know, and another acquaintance mentioned a large round of layoffs. I honestly haven’t heard much positive feedback about the company. What’s surprising is that they don’t even offer small holiday gestures like Christmas baskets or traditional treats. . The pay is very low - senior staff reportedly earn around 2 million a month after deductions. the whole industry seems to be declining.


FOOD FOR THOUGHT. You are not essential you’re just a number on the spreadsheet no matter how important you think you are!

Let’s start with the heart of it: their employees. Chevron loves to slap “safety first” on their ads, but the reality? It’s a revolving door of near-misses turning into nightmares. Just this year, in June 2025, their own CEO, Mike Wirth, had to send out an internal video basically admitting safety’s going to he-l in a handbasket—rising injuries, close calls piling up, and he’s begging staff to “reinforce standards.” Like, dude, that’s your job! But here’s the gut punch: This isn’t new. Back in 2013, a massive explosion at their Richmond, California refinery ki-led a 46-year-old worker because Chevron straight-up failed to train him properly on the hazards.  And in 2014? A gas well blowout in Pennsylvania fried 27-year-old contract worker Ian McKee alive—OSHA slapped them with a $940K fine, but who cares when profits are rolling in?  Fast-forward to now: Their El Segundo refinery racked up 46 environmental safety violations in just the last five years, and over a decade? It’s a laundry list of leaks, fires, and fines totaling millions.  They even coughed up $160 million in 2018 to settle claims over refinery accidents that could’ve been prevented with basic oversight.  If you’re clocking in at Chevron, you’re not valued—you’re expendable. One wrong valve, one skipped safety check, and poof, you’re a statistic. They preach “people before profits,” but the bodies say otherwise.
And don’t get me started on the communities they’re “blessing” with their operations. Chevron’s track record is a horror show… Take Ecuador: For decades, they dumped billions of gallons of toxic waste into the Amazon rainforest, wiping out Indigenous communities and leaving a cancer cluster the size of a small country. A court hit them with a $9.5 billion judgment in 2011, but Chevron dragged it out for years, accusing everyone else of fraud while dodging payment.   They finally “won” an appeal in 2018 by crying foul, but the damage? Irreversible—kids born with birth defects, rivers that glow at night, entire villages relocated.  Or look at California: They’re fueling Israel’s gas ops, propping up what critics call apartheid and war crimes while communities back home deal with refinery flares belching carcinogens into the air.  A 2021 report clocked dozens of unresolved environmental lawsuits against them, with Chevron ghosting fines and cleanup costs like it’s optional.  These aren’t accidents; it’s a pattern. They swoop in, extract, pollute, and bounce—leaving locals to foot the health bills. Communities aren’t partners; they’re collateral damage.
Oh, and the lies? Chevron’s greenwashing game is Olympic-level. They’ve been caught peddling this “climate-friendly” BS while funding denial campaigns for 50 years. California AG sued them in 2023 for decades of deception—hiding how their fossil fuels torch the planet while smiling for ads about “net-zero” dreams that are pure smoke.   In 2021, watchdogs filed an unprecedented FTC complaint: Chevron’s ads claim they’re slashing emissions, but their plans? A measly 5-10% cut that’s basically a rounding error while they drill like tomorrow’s canceled.  And just last month, October 2025, they’re in court again, falsely smearing a lawyer in a $51B climate fraud case as the bad guy—Oregon county called it out as baseless BS.  Even in New Mexico, they got busted allegedly faking remediation reports on oil wells, lying about cleanup to keep fracking unchecked.  Shady? This is criminal. They lie to regulators, to you at the pump, to Wall Street—anything to keep the cash flowing.
Look, if you’re a Chevron employee watching this—I’ve seen the X posts, the layoffs hitting 8,000 of you this year alone, the burnout stories from rigs to refineries—you’re not “essential.” You’re a number on a spreadsheet, squeezed for overtime, exposed to hazards, then pink-slipped when oil prices dip.  They use you daily, wear you down, and when you’re broken? Next applicant. It’s not a job; it’s exploitation wrapped in a uniform.


For those affected by the layoffs who received an extended end date, is there a possibility that the date could be moved up?

First off I want to say it’s been great working with everyone here. These past 5 years have certainly blew by with all the ups and downs and I couldn’t have asked for a better team. I was part of this round of layoffs but will be staying until early next year (Golden Globes?) and was wondering if anyone knows if there is a chance the separation date could move up?

Keep your heads up.


Tech Layoff Scope

With yesterday's announcement of the T&D reorg there were a lot of people laid off, but it's hard to know the scope since they don't announce anything anymore. What's everyone hearing? I know of four tech VPs that were let go, and it sounds like a bunch of SDs/ADs/Mgrs as well, and I know of at least a handful of individual contributor from one specific area.


HMP Lies

They will tell you in Townhalls that other places "like" the Open Plan, unassigned hoteling.

The truth is that if you actually speak to any of those "other places" (San Ramon, Perth, etc.); none of them have a good thing to say about it.

HMP is a slow motion disaster, designed to get you to quite without severance.


CMO Cut Today- Other too?

Confirmed with a co-worker that came from a meeting just now that the CMO was cut today (Sashi M). Some people will say this is good, others will say this is bad. Simply calling it out as there was more layoffs today. Not sure if it was just him or if there was additional leaders but more people are gone.


Reasons for layoffs!

I will start: C-level folks like $$$, pumping up their bonuses. China and tariffs and all other competition. The analog semi market is in shambles, demand is down and wafer starts are down - this will persist for a while. Meanwhile, we'll keep cutting but this will turn at some point.