#layoffs

There should be no doubt. I guess we'll be using this site a lot. Not a good thing at all.

They keep laying off people. They are also moving as many jobs as possible to EMEA + APAC but it's not going as fast as they would like as some roles are hard to move. I do not doubt for a second that they will continue with this and that, eventually, everything meaningful and with scale, will be moved out.

https://x.com/TheLayoff/status/1984293702848872635

T. Rowe is leading the layoff list today

Just heard many people at Honeywell in Charlotte were let go.

I’m still gathering details.

Their fragile egos just refuse to take any accountability. Of course culture and morale are high when they don't have to answer to anyone (the board of directors asleep at the wheel), don't have to worry about being laid off, and collect fat bonus and merit increases no matter what. Don't accept their relentless gaslighting and keep speaking up on their lack of leadership and poor performance.

There seems to be a big RIF coming. Not sure exactly who’s impacted but seems like there’s going to be a lot. Today was the last day HR submitted it in their “RIF Tracker”. Goodluck yall.

i see a sudden meeting with hr, is it scary?

There were high level engineers laid off this week. Does anyone know how many?

Our stock has been on a steady decline for the last 6 months and shows no sign of any rebound. We now stand at more than an 11% decrease in stock price during this time period. On Market capitalization of $323 Billion, we ( our shareholders) have lost an amazing $32 Billion in this amount of time. How long will the patience last? How long will SAP go before it must drastically cut costs to stop the losses since we are not able to close the gap with increased revenue?

Do not think that our Board does not see that major layoffs are accelerating across sectors, with Amazon cutting 14,000 jobs, UPS slashing 48,000 positions and Microsoft (our partner) on track to cut at least 16,000 so far this year (with perhaps more to come).

The reality is that some of the factors driving these layoffs are beyond SAP's control and were cited by our CFO in the Q3 review, such as: Trump’s tariffs, rising operational costs and massive AI investments as primary drivers of the widespread job cuts. At the same time SAP will increase it's proposed buyout of $4.5 Billion of BlackLine, which offer they rejected. The message is clear, SAP's only hope of survival is to attempt to "buy" our way into profitability and market survival.

But will it work? I think not by itself. Let us all be prepared, our Board is fighting for their own survival. Shareholders will not close out the year on such poor stock performance without some pull back. The "quick" fix will be to do with so many other companies are doing which is to employ widespread layoffs to hopefully reduce the damage the stock has been suffering from for the last half of this year. Q4/25 and Q1/26 are likely not to be good for us - stay alert and prepare yourselves for what may be coming in the months ahead.

Why would Verizon waste time and resources asking employees to add their accomplishments if they’re getting rid of them? The portal is opening around November 24th. Whoever got the email might be safe — but who knows

Anyone else seeing what’s happening in GVSE right now? From what I’m hearing, any new roles are being restricted to grade 7/8s. Combine that with all the automation initiatives being pushed on us (auto discounts, auto del reg approvals, auto emails via Gong), and it really feels like the intent is to make these “Early in Career” roles going forward.

For those of us who’ve been here for 5+ years, it’s hard not to feel like they’re trying to clear space for younger, cheaper talent. There’s almost no room left to be strategic or to bring real experience into the process. Leadership has done little to help us adapt to this new pod model. No real enablement, no clear direction, just constant change with minimal support.

Honestly, I’ve never felt more de-motivated in my career at Cisco. It feels like the GVSE space is slowly collapsing, and we’re being left behind in the process.

Wondering how everyone else is feeling in the GVSE space. Am I just being paranoid?

Really sheds a light on how unserious our leadership team has been for the past 5+ years, it's too bad he's going to fire my a-s because this is the first time I've actually heard someone at that level make any sense whatsoever

If you were unlucky enough to get that god-awful “Friday Note” from, you know who, then you’ve already witnessed the nauseating display of wasteful spending happening at headquarters. With threats of massive layoffs hanging over everyone’s heads, right before the holidays, mind you- it’s beyond tone-deaf to flaunt their lavish parties and celebrations.

It’s absolutely deplorable. A disgusting, out-of-touch flex from people who clearly have no clue what it’s like to worry about paying rent/mortgage, feeding their kids, or surviving after Q3 earnings hit and heads start to roll. While the field scrambles to hold everything together, they’re busy partying it up on our dime. I can only imagine the “celebrations” they have on the company dime that they don’t dare share images of.

I’m genuinely embarrassed to be associated with such a shameless and heartless company

Car sales to follow.

Get out now voluntarily while you can.

You can’t raise fees forever, and you can’t keep cutting people indefinitely. At some point you either build a sound business, or everything eventually falls apart.

Other functions cutting next week and the following week. Good luck all!

Hearing about so many layoff, yet the people who put us in this situation are still around. Unless we remove those bad apples, how could someone change the company?

I get the feeling that whoever’s making these layoff decisions is just incredibly lazy. Cutting by numbers without any deeper thought, let alone real strategy. My team hasn’t had some roles backfilled since forever, and you can definitely feel it in our performance and workload. I think the company loses far more than it gains by letting people go. Layoffs have turned into nothing more than a performative exercise to prop up the stock.

Which BU:'s in Oregon had any firings of at all?

• The news is going out Monday.
• Approx 400 employees will be let go across the org.
• No specific business lines targeted. Enterprise wide.
• Primarily people in management roles will be let go.

What’s really happening is offshoring and cutting headcount. Once we reach the next “lean” stage and the workload triples, we’ll all discover that no AI actually took on any of the work. At least not in the sense of replacing anyone. I’ve yet to see a model that doesn’t hallucinate or need supervision. Sure, it can speed up some tasks, but that’s it. So can we finally stop using it as an excuse?

Greystone Logistics has laid off 85 employees at its Bettendorf manufacturing plant, according to the Iowa Workforce Development Office.

The layoffs took place on Wednesday, Oct. 29.

https://www.wqad.com/article/news/local/85-employees-laid-off-greystone-logistics-bettendorf-plant-state-officials-say/526-a4558248-039a-48e2-9244-39cefb6abef8

Boeing is not doing well due to a decline in its safety and quality control standards, which has resulted in a series of high-profile incidents like the Alaska Airlines 737 MAX 9 door plug blowout. This has led to significant financial losses, decreased public and airline confidence, and increased scrutiny from regulators like the FAA. The problems are often attributed to a corporate culture that prioritized profits over safety and engineering for years.
Safety and quality issues
Manufacturing defects: Numerous instances of faulty manufacturing and quality control have been found, including misdrilled holes and improper assembly.
Regulator audits: The FAA found that Boeing failed numerous audits and that there was a lack of objective evidence of a foundational commitment to safety that matched the company's descriptions.
Whistleblower claims: Whistleblowers from within Boeing and its supplier, Spirit AeroSystems, have raised concerns about pressure to increase production speed at the expense of quality.
Financial and operational impact
Billions in losses: Boeing has reported billions of dollars in core operating losses since 2019, with the problems continuing to impact its bottom line.
Delayed production: The quality issues have led to delays in production and delivery of aircraft, causing frustration for customers and airlines.
Stock decline: The company's stock has fallen significantly, reflecting concerns about its future prospects.
Space program problems: Even Boeing's space program has faced setbacks, such as the Starliner capsule issue.
Leadership and corporate culture
Leadership changes: The company has experienced a leadership shake-up, with the current CEO tasked with turning the company in a new direction.
Shifting priorities: Critics say a long-standing corporate culture shift that began years ago put financial performance ahead of engineering and safety standards.
Public and regulatory consequences
Crisis of confidence: The string of incidents has eroded confidence from within the company, its customers, and the public.
Increased oversight: The FAA has increased its oversight and given Boeing a deadline to produce a plan to fix its production problems.

Based on the information gathered regarding Ford's 2025 layoff plan and restructuring efforts, here is a table summarizing the announced and reported cuts by region and function.
| Region/Location | Function/Division | Announced/Reported Number of Cuts | Status / Primary Reason |
|---|---|---|---|
| Europe (Germany - Cologne) | Electric Vehicle (EV) Manufacturing | Up to 1,000 | Confirmed; Due to significantly lower-than-expected EV demand; transitioning to single-shift operation. |
| Europe (Broader) | Various/General Workforce | ~4,000 | Part of a restructuring plan announced earlier (2024), expected to be completed by the end of 2027. |
| North America (US/Canada) | Connected-Vehicle Software Division | ~350 | Confirmed; Part of cuts in the software/tech team. |
| South Africa (Silverton & Struandale) | Manufacturing/Operator Roles | 470 | Confirmed; Due to market conditions and a surge in imported vehicles. |
| Global (Estimated) | Model e (EV Division) | 3,000 – 4,000 | Reported Forecast; Loss-generating and efficiency issues in the EV segment. |
| Global (Estimated) | Ford Pro | 2,000 – 3,000 | Reported Forecast; Redundant layers post-expansion. |
| Global (Estimated) | Legacy North America Operations | 2,000 – 4,000 | Reported Forecast; Part of broader reorganization and cost-cutting (RTO-driven attrition, etc.). |
| North America (Kansas City) | F-150 Truck Production | Thousands (Temporary) | Temporary Layoff; Due to a supply chain disruption (fire at a key aluminum supplier). |
Note on Status:

• The numbers for Europe (Cologne), North America (Software), and South Africa are specific cuts or adjustments officially announced or confirmed.
• The large global numbers (Model e, Ford Pro, Legacy North America Ops) are based on analyst forecasts and reports of Ford's internal restructuring targets (estimated 8,000 to 13,000 total) and are not a final, officially announced company number.
• The Kansas City layoffs were temporary production pauses.

It seems manager have already data for December layoffs. Which will be communicated in the last week of November.

I'm so thankful Hans is gone. That dude was an embarrassment and ran VZ even further into the gutter.

His DEI nonsense was not appreciated. He cried for George Floyd during an internal company webcast and THEN gave $1,000,000 to Al Sharpton's National Action Network! I was freaking livid!

He was the absolute worst and won't be missed

To pay me severance????

2022: 10000 (3%)
2023: 17000 (5%)
2025: 14000 (4%)

69000 (20%)

Nice.

Great to see Queen Kate Publish for her great job she’s done turning Lumen around…. How fitting it was posted on Lay off day. That’s your Marketing at work.

I wonder how many Layoff’s happen at Apple per year and Yet Tim Cook isn’t gloating about the good job he does.

White-collar workers across the U.S. are facing mass layoffs as companies such as Amazon, UPS, and Target cut thousands of corporate jobs while embracing AI and cost-saving measures. Tens of thousands of office workers, from new graduates to seasoned professionals, are entering a stagnant job market with fewer opportunities and increasing competition.

Companies are automating white-collar tasks through AI, driving investor-backed efficiency but leaving fewer managerial and midlevel roles. Nearly two million people have been unemployed for 27 weeks or more, and confidence in finding good jobs has dropped sharply.

While blue-collar fields like construction, healthcare, and trades face labor shortages, white-collar employees are being displaced, overworked, or forced into unrelated jobs. Many laid-off professionals report draining savings and facing housing insecurity, while employers demand increasingly specific qualifications from fewer hires.

Economists warn that AI-driven restructuring is reshaping the nature of office work, eroding stability for middle- and upper-income earners, and deepening inequality in the U.S. labor market.

Source:

https://www.wsj.com/economy/jobs/white-collar-jobs-ai-324b749c

Wellmed - Optum / North Texas Team. 60 people let go at once!

How can anyone respect the CEO when he continues to get huge raises despite crazy bad performance. The best was JB who was the mastermind of the collapse he not only got a bunch of raises and bonuses, he was asked to leave and got a heroes send off and is staying on the board.

Really? You kept him on the board?

I had my best selling year and results in 20 years, got a lousy 3 review, was told that JB didn't want anyone above a 3, my boss said he gave me a 5 and it was downgraded to a 3 because JB didn't think anyone deserved more than a 3.

Almost everyone who was valuable to Fiserv have left, some retired, some were tired of the complete mismanagement, some found better opportunities…. Bottom line, the cream of the crop are gone leaving the less talented and the incompetent. I don’t see Fiserv coming back at this point, it’s too far gone, too little too late, too bad….

The obscene thing is that management think they know their stuff, but they are the most incompetent people I’ve ever seen. Turn out the lights.

Years ago, leadership showed all the doubting employees charts of the exponential EV sales growth just around the corner and that we just needed to believe in this unbelievable mission and press on when it was obvious nobody wanted to buy these electronic clap traps. Condescending pep talks of Zero Zero Zero that a nine year old would roll their eyes at.

Did they show those same sales forecast charts to investors and shareholders back then? What do they have to say about it now? “Sorry we got some things wrong, but gotta go cash our bonus checks - we’ll circle back and catch up about this later…”

Pray for all the people losing their jobs so that a handful of narcissistic a--holes could try to prove to the world they knew anything about their customers or the products they actually wanted to buy.

Got this from: @fw+1k8rsmmf8

A few comments on earlier posts mentioned that some of you spoke to the Works Council and the news is that P25 layoffs are delayed till Christmas. Can you share more?

It would be devastating for many if they find out at Christmas that they’re out of a job.

Analysts predict up to 500,000 white-collar software jobs could be lost in the next few years, mostly among mid-level employees:

https://www.thestreet.com/employment/white-collar-workers-should-worry-about-this-concerning-trend

• AI and automation: AI is beginning to handle tasks once performed by humans, leading companies to re-evaluate their staffing needs and reduce reliance on large corporate teams. Companies like IBM have stated that AI could replace a significant percentage of non-customer-facing roles, say The New York State Society of CPAs.
• Corporate restructuring and efficiency: Companies are restructuring to become more efficient and are under pressure from investors to cut costs. This has led to significant layoffs, particularly in large corporations like Amazon, UPS, and Target, as reported by AllSides and The Wall Street Journal.
• Post-pandemic market normalization: The period of explosive growth in some sectors during the COVID-19 pandemic has cooled, leading to a slowdown and increased layoffs in industries like tech, communications, and media, according to Newsweek.
  Economic and political uncertainty: Factors like political uncertainty and higher costs are also contributing to slower hiring and job cuts.

My manager said he cannot afford to lose anyone on his team. No more reqs in the near future and it doesn't look good to have less than eight reports.

I heard they will cut Corp strategy and marketing teams loose next week.

I hope we're safe for the rest of the year, considering that the holiday season is starting. Or am I expecting too much?