#layoffs

Seeing sudden manager calibrations and stack-ranking across ESG. Word is that notifications are hitting the first Wednesday of October to kick off Q4. Anyone else seeing this behavior or heard anything concrete from leadership?

I’m lucky to survive in this round. I feel so sorry for whoever got laid off but I am curious what’s the next one. Any source?

Just look how critical LeBron has been of Nike‘s innovation. Mbappé didn’t wait around. He peaced out. Others are going to do the same. We are now the next Under Armour. A future case study for decades to come on the collapse and failure of this company.

I used to be on board with no matter what tough times comes Nike‘s way that we will find a path to compete and overcome. That’s not the case anymore. We failed at our own Maxim of figuring out how to evolve immediately. We don’t know how to innovate. We don’t know how to inspire anymore. Everything they do is based on hope. Hope is not a plan or a strategy.

It’s unfortunate that Nike put themselves in this position when the Board of Directors hired JD. It only takes one mistake. Doubling down on that mistake compounds your problem.

Nike made a lot of people rich. Sent a lot of people into a comfortable retirement. Anybody with Nike stock will now have to work for many years to overcome the losses. This will also keep NIKE from attracting great talent, cause great talent to leave Nike, and continue the overall collapse of the brand.

I hate it because I’ve been a Nike fan all of my life. It has just become the inevitable fate. One that nobody wants to take responsibility for despite the obvious failures. Nike was never a tech company. Nike was a company by athletes for athletes.

Does anybody know what NIKE is anymore? No. That’s the problem and that’s what ki-led this great company.

…and with that, just like Shark Tank…I’m out

Here in Poland, at the Łódź manufacturing facility, the workload has been quite low lately—I would even say there is practically no work, especially on progressive lines and Line L1, where the vast majority of components are routed upstream to departments L3 and L4 (server production).
On Wednesday, a massive wave of layoffs hit two shifts, letting go of a significant number of agency workers. As a result, the total headcount was cut almost in half. To retain valuable personnel or certain individuals of interest, management is reassigning them to other departments where work is still available.
My question is: Is the situation the same at other Dell sites, or is it different elsewhere?

I’m losing more of my retirement each day and this a hole is nowhere to be found

STAY ALERT!

https://esd.wa.gov/employer-requirements/layoffs-and-employee-notifications/worker-adjustment-and-retraining-notification-warn-layoff-and-closure-database?utm_medium=email&utm_source=govdelivery

Number Of Employees packing bags - 359

https://spectrumlocalnews.com/nc/charlotte/news/2026/09/18/truist-affiliate-rac-to-lay-off-over-250-workers-in--5-5-billion-auto-loan-sale

Good luck y'all. Absolutely hate to see this.

Normally, you do not see this in the Call center environment because of the natural turnover people eventually quit but this week they fired a bunch of people, including a supervisor. We were once great company when we were DST. It’s now a sh-t business that doesn’t care about it’s people

Heard lots of departments at the bank had layoffs today. First hand information

Not a fun post.

This has come up on Reddit too: the September list of people RIF’d was reduced from the original (some estimates had it being 2-3x longer).

There were a few reasons and to why the was reduced and I won’t get into them here. But at the end of the day, the remaining people from the original list will get RIF’d and the plan is December after the quarterly announcements.

It’s the same story based on budgets (RSU) - North American resources are expensive. M-levels can confirm that the first couple of list drafts are way longer than the actual final September RIF.

December will be the next round for US, Canada and India. $$ and details will go out in the Q2 10-q.

If you downvote this post, you’re not doing anyone a favor. I told people on here multiple times the date of the September RIF was not Sep 1 but Sep 15, and was downvoted. Management gets trained the week before on layoffs. Always (email or not).

Who here believes that they want us to build AI agents so that we can focus on “higher thinking” work and not so that they can cut jobs?

Per Modetn Heslthcare- HCSC is cutting the Medicare advantage footprint in half already. Why have we not been told this?

It's Friday and this is the first full week that I am not working for a company that doesn't appreciate the value that at least one employee brought to a company's customer where we always kept the customer's well being top of mind. I was in the OCI org in North America, and I would be lieing to you if I told you that I had a great relationship with my manager who I would call today a true id--t -- he would be a great engineer but an incrediblly stupid manager and the irony is they kept him haha. Sorry for my ex-peers that are stuck with him.

The Bleeding Starts With the Math
BNY associates aren’t imagining the hemorrhage — the offshoring cuts to Pune, Chennai, and Wroclaw are real and accelerating. And the wound is wide open because the math is brutal. A mid-level engineer in Pune earns $10–20K a year while the same role in NYC/NJ costs $110–150K+. Senior U.S. engineers can run $285K fully loaded, compared to $28–50/hr offshore. Data analysts are 80% cheaper, project managers 79%, customer support 94%.
With numbers like that, the Executive Committee doesn’t see people — it sees savings. And when leadership smells a 7–10x cost reduction, it smells blood in the water and bonuses in their pocket-lined gills.

Where the Bleeding Hits Hardest
Tech engineering, QA, reconciliations, onboarding, client ops, shared services — these job families are already losing blood fast. Under Robin Vince, the playbook is predictable: expand India and Poland, shift repeatable U.S. work offshore, backfill optics with visa hires and state college grads, then quietly “realign” experienced U.S. roles. The wound keeps widening because the wage gap keeps widening.

What Associates Can Do to Apply Pressure and Slow the Bleeding
These aren’t magic bullets — but they are the only levers that have ever moved banks to action.

1. Document the Operational Damage
Offshoring creates errors, delays, compliance gaps, and client escalations. Document them. Quantify them. Escalate them. Executives only respond when risk and client impact outweigh cost savings.
2. Push Issues Through Risk, Audit, and Compliance
These groups have veto power. If offshoring introduces control failures, missed SLAs, or regulatory exposure, file formal issues. Cost cutting collapses fast when regulators start sniffing around.
3. Use Employee Resource Groups & HR Channels Strategically
Not for “feelings.” For retention risk, skill loss, and operational continuity. Frame it as a business problem, not a morale problem.
4. Organize Cross Team Feedback
Executives ignore individuals. They don’t ignore coordinated feedback from multiple teams showing the same failures.
5. Update Your Resume — Quietly
The wage gap (India tech ~$10–20K vs. NYC/NJ ~$110–150K) isn’t going away. BNY’s direction is clear. Your career mobility should be too.

I am curious. On the day of your 60 day working notice, Do you get your final check and PTO earned. Then severance starts 2 weeks later?

Momentum is everything.

Watch the people who moved fast. VP to CEO. VP to President in under five years. Then watch what happened to the people who were "doing great work" and stayed at level.

If you're being told how good you are but you can't get out of L09–L11, LG1–LG3, or LG5 — you're keeping a seat warm. Praise is what they give you instead of a promotion, not on the way to one.

And levels move both directions. Look at how many presidents from five years ago aren't presidents now. Special assignment. Retitled to SVP. Moved to the franchise team. Out. Some of them got jumped by people they used to sit above.

Nobody is going to tell you which side of that you're on. The climbers compound. So does standing still.

History repeats. Pay attention.

No cuts today? It was all done yesterday?

We heard of layoffs affecting the US and Costa Rica on Wednesday. Thursday appeared to be quiet, and so far there doesn’t seem to be much information about Friday.

Has anyone heard anything about the expected timing for layoffs in EMEA or APAC (if anything specific is looming)?

https://levelup.gitconnected.com/i-have-survived-4-tech-extinctions-since-2002-and-ai-is-number-4-c4ced4852026

Nexstar Media Group is reportedly implementing further layoffs across its local television stations. These reductions are driven by the company's increasing reliance on automated systems for producing on-screen graphics. This shift aims to streamline newscast production by replacing some on-site staff with technology. The move follows previous rounds of job cuts and consolidates graphics production into centralized hubs. Employees have noted the use of software to generate visual elements that previously required dedicated local personnel.

https://cordcuttersnews.com/more-layoffs-coming-to-local-abc-cbs-fox-and-nbc-stations-owned-by-nexstar/

The Jacksonville Transportation Authority is implementing significant budget reductions for Fiscal Year 2027. This plan includes suspending Skyway passenger service and pausing Navi service to address a $39 million deficit. The agency will release 44 administrative employees and may eliminate up to 150 frontline operations positions. These actions follow previous layoffs and administrative furloughs. The JTA aims to stabilize its financial standing to restore services in the future.

Jacksonville, Florida

https://www.news4jax.com/news/local/2026/09/17/jta-to-cut-39-million-from-fy-2027-budget-suspend-skyway-service-in-november/

Concerns over unsanitary conditions have emerged in a suburban school district following the dismissal of union janitorial staff. Teachers and parents report overflowing garbage, dirty bathrooms, and a lack of basic supplies. State lawmakers are now demanding an investigation by the Illinois State Board of Education and the Department of Public Health. The district attributes some issues to delays with a new private custodial company. Officials acknowledge the transition has been slower than anticipated.

Blue Island, Illinois

https://www.nbcchicago.com/news/local/conditions-at-suburban-blue-island-school-criticized-after-custodial-layoffs/3990521/

CSX is implementing significant job cuts and furloughs within its maintenance of way department. This decision comes despite the company reporting record revenues and profits in its second quarter. The cuts will impact 165 permanent positions and potentially furlough over 1,000 workers. These reductions are attributed to the company's ongoing adoption of Precision Scheduled Railroading, a strategy focused on efficiency through staffing reductions. Union representatives are protesting the move, citing concerns about worker safety and the impact on track maintenance.

Jacksonville, Florida

https://www.wsws.org/en/articles/2026/09/18/bzsa-s18.html

Apparently employee performance ratings weren't a factor in layoff decisions.

As folks are now stack ranked and downgraded to "meets expectations" in most cases and focal rewards are usually dismal and weighted towards RSUs rather than real cash.

Whats the point in trying harder than normal job expectations?

Also theres no guarantee you won't get a RIF before RSUs vest.

The Michigan Economic Development Corp. will reduce its workforce by up to 15 percent. This decision stems from funding constraints and declining revenues. The agency stated its core mission of supporting businesses and communities remains a priority. This move comes amid legislative scrutiny of corporate incentives and an ongoing investigation. The CEO emphasized the layoffs are due to fiscal realities, not staff performance.

Lansing, Michigan

https://www.freep.com/story/news/local/michigan/2026/09/17/michigan-economic-development-corporation-layoffs/91814051007/

Wells Fargo will eliminate 35 positions at its Jordan Creek campus in November. This latest reduction brings the total layoffs in the Des Moines metro area to 362 for the year. A company executive indicated that increased artificial intelligence adoption will likely result in further workforce reductions. The bank has implemented significant layoffs nationwide since 2019. These cuts are part of ongoing adjustments to staffing levels.

West Des Moines, Iowa

https://www.desmoinesregister.com/story/money/business/2026/09/17/wells-fargo-layoffs-jordan-creek-campus/91811324007/

Inter Ikea is implementing a global savings program that will result in 850 job eliminations. At least half of these reductions are expected to impact Swedish employees, with some facing voluntary separation or dismissal. Concurrently, the company is closing its San Marcos, Texas store, marking the thirteenth store closure globally this year. These actions occur amidst industry-wide challenges including reduced housing activity and softer consumer demand. The furniture giant is under significant pressure from these economic factors.

https://www.interiordaily.com/article/9873898/ikea-under-immense-pressure-as-layoffs-and-store-closures-hit-sweden-and-us/

Here is what I was able to find in all the posts so far:

• Account Opening (Tampa and San Antonio)
• AML/KYC (multiple locations and teams)
• Cards Remediation (Jacksonville and other locations)
• CBDU (44 employees reportedly affected)
• Client/Marketing Ops (New York City)
• Compliance/ICRM (New York, second-line compliance)
• Core Ops (Tennessee)
• Data Science & Analytics (Singapore)
• Entitlements (stateside team reportedly eliminated)
• Fixed Income/Trading (New York City)
• Fraud/Fraud Ops (Tampa, Jacksonville, Hagerstown)
• ICRM Cards (Schaumburg, Illinois)
• Mortgage and Mortgage Servicing (St. Louis, Dallas, Irving)
• Payments Investigations (Kentucky team reportedly eliminated)
• Regulatory Reporting
• Treasury Transformation (New York and Tampa)
• USRB Risk-Mortgage
• Wealth
• Wealth Risk & Controls

Any impact? I left last year and I heard about the cut today. Good luck to all of you. I hope it was not big but judging on number of views it does not look good. I went to Wells Fargo and it's the same sh-t over there, layoffs come in waves and they are trying to outsource as much as they can. Cannot trust management, they tell u one thign and then turn on a dime tomorrow. It's even worse because of all limitations that were imposed on the bank a few years back due to the scandal. Anyhow, good luck all

Should Oracle be barred from H-1B hiring for two years after these massive layoffs?

So many spend like the job will last forever. I think that more frequent layoffs, PIP, offshoring of jobs to India, etc, have made it clear that's not the case. I know a few folks who are now panicking because their savings are nowhere close to where they need to be in case they lose their jobs. Don't let this happen to you. Start saving and investing. It is liberating to have a pile of fu-k you money. I’ve know people who had their pile of duck you money and when they were given unfair ranking feedback literally said fu-k you and walked out of the office.

Will be a challenge to bring in all those projects and volumes with everyone resigning and being fired.

Approx. 97,000 employees today

• 27% from high of 133,000 in 2023

That’s a feat to pull off.

Upside: Increased near-term profitability

Downside: Overburdened staff, undervalued staff, poor morale, retention risks, partial staff paralyzed by fear. Low-to-mid levels stripped of authority.
Not sustainable long term

Bell has seen attrition in head count from last layoff. Heard to boost morale they are giving 10% raises across the board.