#nextlayoff

Is it true that construction is the next big hit coming? Heard it was???? Anyone have any news or rumors?

https://youtu.be/YvgLXMidQ2E?si=m5KE4CFL1vdSWZV2

I’ve been hearing about February around my office. Just a rumor, not confirmed by someone in the know.

February

Just warning everyone layoffs are starting next Friday. India, US, Canada, EU and Mexico. Ranked by most impacted.

I have not received one. I am just curious.

I know they read from a script and they don't deviate, do they bother to say at the end "Any questions?"

I'm assuming not, and if not do they give you an opportunity to say anything before they end the call? Even if you realize that they probably cannot respond to it.

I am hearing rumor from reliable sources that CIB and CIB Risk will be huge this coming Tuesday.

Anyone have insight.

Starting the year with a big round of layoffs doesn't exactly inspire confidence. It makes you wonder if they've got this planned as a recurring event. The thought of going through this stress every few months is really depressing.

I can confirm with 100% certainty that my department has layoffs tomorrow. 8 people are being eliminated. Not sure what other areas are doing but people will be impacted 1/29.

That single digit growth can’t sustain anything and you know it. So bids on when’s the next round!

Morale is extremely low across the multiple teams I work with.

Feels horrible waiting around for the next big wave which is 100% coming before the next earnings due in February.

Anyone heard any rumors of when this is happening?

Why are company managers traveling to several remote locations this week and next? Are they preparing for more reductions or changes? PAC Northwest locations, Salt Lake, Tempe and Albuquerque sites are all bracing for quick turnaround meetings where leaders fly in for 2-3 hours, splash around, assess the morale and then fly out??? Seems strange in an era of cost savings. Who else is seeing this type of activity?

Is there a way to know if cuts are done or if there'll be more?

According to a previous post, next round 02/19. Can anyone confirm that this is correct? And who is expected to be laid off?

WARN's are filed. CA shows 1550 in numbers. Layoff on 1/26

It’s confirmed.

Has there been any new information about the layoffs that are supposed to happen next month? I'm checking to see if anything has been confirmed yet.

Any rumors about when they'll do more cuts? Its hard to just wait around not knowing what's next.

Heard anything new about more people getting let go? Trying to figure out if I need to start lookin for something else real soon.

There was some talk about February, if I remember correctly, has there been any more mentions of that?

Buckle up cause this week was nothing compared to what's coming. Best of luck.

Many Treasury colleagues were laid off yesterday. Does anyone know the next wave? specifically in treasury?

There is about to be a big layoff coming. Watch come March.

New year, mew layoffs soon,

WFC is crashing. More layoffs in next 3 months.

There was a post months back that was probably right. 2026 is about hiring freezes and attrition with the big layoff for 2027 which will hit later this year. So, rest assured regardless of your situation the company does not care about you. It’s a machine. Stop living in the past, those days are long gone.

Again?

Has this been confirmed?

Its next week, just not sure if its Wednesday. Region looking at 25% and markets at 15-20% with full conversion to areas.
OP: @an+1keg6ghn8

Expect 10% layoffs across the board.

Any updates on when layoffs are planned to resume?

Does anyone know when layoffs will happen in Jan '26?

Or are there going to be layoffs before that? If anyone has credible updates, please share.

How soon can we expect to see the first layoff of the year? January? February?

Obviously layoffs are happening in 2026, im wondering if anyone has heard when exactly, specifically for tech?

And how many will be laid off next year?

Go ahead & tell me you feel so super confident in how things are going with Cisco, ELT, Splunk, etc. that there won’t be a LR announcement at Feb 2026 earnings call. And you know who gets caught up in these LRs, right? Those who save the company the most in LRs… new directors, senior managers, etc… But, go ahead & pretend nothing will happen & no LRs in 2026… Good luck with that… I’m looking specifically at you SBG group…

Soon

It seems that SBD expanded too fast and sales do not match. Significant strategic mistake made by our high-paid c-suite.

As a result, they are looking at 10%-15% reduction in Q1 2026. Mostly in overhead positions like engineering and management. Operations (hourly) will also be impacted.

Happy holidays and happy new year. There is nothing you can do right now (other than work on resume) so enjoy the holidays and your family/friends

Rumors saying (take what it's worth), RIF lists are due today:
1) Departments told up to 25% cut (my guess is they will just cut 1-3 ratings until they meet their number, don't know if it all be in one chop or if they will do it in phases)
2) Some VPs made list without input from their direct reports (who would be managing the impacted person), which is really bad but par for the course here
3) Company is too top heavy so expect VPs/Sr directors to be cut

on a related note:
1) Lots of leaders have NOT been told yet to calibrate ratings down. Which could mean A) it doesnt matter since RRP/raise will be little to nothing, or B) they will do it last minute in January