Town hall this morning announced that we're going to combine IBO and the GSCs, and that we will eliminate some redundancies.
Buckle up, it's time for another round of musical chairs aboard the RMS Titanic.
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Mention #reduction in your post to continue the discussion!
Town hall this morning announced that we're going to combine IBO and the GSCs, and that we will eliminate some redundancies.
Buckle up, it's time for another round of musical chairs aboard the RMS Titanic.
For those that are impacted by the reduction in force, please check or have someone go over the severance agreement to see if there's a timeframe set for a non-compete clause. This would include verbiage regarding a timeframe of which you may be illegible for employment by a similar company offering a similar or slightly different role. While some states do have limitations on this, please exercise due diligence.
Example: You may be barred from working in a telecom or similar company for a period of six months before they would consider hiring you. You would go through the whole interview process, but then get hung up during the final selection due to this.
If the union folks pass on this lame offer will there be a forced reduction? Contrary to what most of you believe. We don’t all have a no layoff clause. And we are not all under the same union contract.
Any word on layoffs?
Hearing 1st week in December and up to. 20% reduction?
•••
First they look everyone who has active corrective actions such as PIPs, verbal, written, and final warnings and attendance issues.
Then they look at who on the team is rated as high potential, emerging talent, high professional, valued contributor, and low potential. Half you probably don’t know about these rating bc your supervisor is NOT obligated to inform you of this rating but you are given this rating each year.
Then they look at 2024 EOY rating such as developing, achieving, leading (the ratings your supervisor is required to disclose during your EOYs and mid years) as well as what you have been rated thus far for 2025.
Then they will go off historical performance and what your direct supervisor or AD has to say about you and their personal input.
They will not use any of this data at all if your position or location has been RIFd entirely. And therefore you are susceptible to still being let go if you are and have been a high performer.
Layoffs at Pottstown Hospital are raising new concerns about access to medical care in western Montgomery County, writes Jim Melwert for KYW Newsradio. The cuts are part of a 350-person reduction across Tower Health’s network.
https://bucksco.today/2025/11/health-care-desert-pottstown-hospital/
Work force reduced next up asset sales?
I have read about individuals reportimg GL reductions numerous times on this site. I thought that terms of reassignments won't be communicsted until Monday. Does someone have a crystal ball? I would like to buy one.
The Reorg is going to reduce the divisions as usual. So if you’re a division player get ready. That’s where a large portion of the other 2500 come from. Buckle up. 1st week of December
Is the layoff applicable to full time only or contractors are going to be impacted as well? Can organizations sacrifice contractors to meet the 15~20% target and reduce Opex pressure? My organization is loaded with contractors with only a handful of full time employees.
Maybe people need to understand that one team could get hit at 30% and another at 15%. That doesn't make peoples posts a lie. It just means when they say 30% it may not be for everyone. Most Verizon employees have zero understanding of what goes on across the entire company.
You all will be very disappointed very soon when you find out you are expecting a Drama Movie and the movie ends being a comedy....live on. There will be big changes and the normal EOY sheet cleaning but nothing extraordinary like you all falsely claim here....believe me not?....wait and come back here in two weeks
Is there a major round of layoffs about to hit the compliance department? Dan Veale, the global head of surveillance was reassigned to a far less prestigious area of ICRM. Jennifer Taylor, the Chief Compliance Officer of a major unit, has not been seen in the office for weeks. She also no longer has anyone reporting to her as per the global directory, of where till recently had. The Jersey City location is filled primarily with compliance officers, of where Citigroup recently fired a WARN Act with the state of New Jersey, that the bank intends to layoff 70 staff in that location the first week of December. In summary, the combination of an official WARN notice for a location housing compliance staff and the apparent elimination or reassignment of two senior compliance executives makes it highly probable that a major reduction in force is targeting the compliance department. Anyone else observing possible pre positioning ahead of a major change?
Why is so urgent that surveys be done? Are they used to target reductions?
Ottawa 50% gutted.
There were only about 450 at Riverside, now 196 fewer remaining.
50% reduction, combined with VCG operations across the board
MA layoffs incoming
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.
New CEO said on the earnings webcast we need to be leaner as a company and reduce in areas that no longer make sense. As I’ve been hearing 20% reduction in employees over the next 2 years
Just in the last two days I've heard
A) 20% reduction in managers by end of year
B) all projects on hold due to disastrous quarter
Prepare NOW. Do NOT be complacent. BEG your leadership for L&D funding NOW. You MUST up-skill with certifications to be considered for a job in this horrible job market. Start applying NOW!
You can thank Trump for this one - more jobs are moving back to the US. Expect big changes in 2026
bad stock performance and poor earnings are driving the layoffs. 10-15% cut.
From what I have heard, there was a 20%+ reduction in their US operations. I know these guys are not part of our org anymore, but I wanted to share since many of us might have friends and ex-colleagues in this org.
Hearing a lot of rumors about IMS Tulsa being shut down / severe reduction in force. Anything?
Did B&B implement layoffs in Q2? If yes how many roles were affected... Which groups had reductions? Also, what's the prognosis for 2026 - I am interviewing and I heard some rumors
Layoffs are anticipated before the end of the year, with WARN notices currently being prepared. The expected rollout includes:
Phase 1: 1,000 employees on October 20, 2025
Phase 2: 1,100 employees also on October 20, 2025
Phase 3: 400 employees on December 15, 2025
Employees may begin to notice subtle behavioral shifts in their direct supervisors. These may include unusually warm and supportive interactions such as increased check-ins, inquiries about personal well-being, family, vacation plans, and offers of help with professional goals. Communications may take on an exceptionally friendly tone, both digitally and in one-on-one meetings.
Such changes often signal that decisions have already been made at higher levels. In many cases, managers are aware of selections made by the layoff committee or may have submitted names themselves to leadership for consideration.
This message is not intended to create fear or panic. Instead, it is a call to awareness and preparedness. If you notice similar behavioral patterns from your supervisors, take proactive steps: begin updating your resume, reconnect with your professional network, and ensure your references are current and accessible. Staying ahead of the curve can make all the difference.
Fifth Third Bank has officially acquired Comerica, marking another significant move in what appears to be a growing trend of regional bank mergers under the current U.S. administration. Industry analysts expect further consolidation as economic pressures and regulatory shifts continue to reshape the financial landscape.
Meanwhile, Truist is undergoing internal restructuring. Sources indicate that between 500 and 700 contractors were cut last Friday in Digital and Technology divisions. While the company cited "policy concerns" raised by its legal department, insiders suggest the move was primarily driven by cost-cutting objectives. The timing coincided with contract renewal periods, and many agreements were allowed to lapse without extension.
Additional reductions are on the horizon, including cuts to employee benefits, further contractor downsizing, and full-time staff layoffs. Truist has faced ongoing challenges in the market, with underwhelming stock performance fueling speculation that the bank itself may become an acquisition target in the near future.
I can confirm there were layoffs well beyond TA, as I was part of group more than 110 research support staff that were unceremoniously informed that it was their last day at Gartner and given less than 24 hours to download their paystubs and say their goodbye to their colleagues. It was truly a brutal and emotionally devastating experience.
A CU leader just blurted out “there’s another round of cuts coming [2025Q4]”. Other NYP leaders have mentioned gaps that need to be closed.
What’s the official word? Personnel are going to impacted? Focusing on OTPS only?
Berklee College Of Music has made some big changes to its staff.
Amid shifting policies and rising costs within education, the school said they laid off 70 employees.
Berklee has confirmed to WBZ NewsRadio that the reduction in staff made up 3% of their employee base. No faculty positions were impacted by the layoffs.
https://wbznewsradio.iheart.com/content/berklee-layoffs-include-70-employees/
I was told that layoffs were coming today. Anyone hearing of any?
https://www.adn.com/business-economy/energy/2025/10/01/conocophillips-sends-layoff-notifications-to-some-north-slope-workers-part-of-global-reduction/
Why are people saying our benefits are being reduced? Where are you hearing this?
Rumor has it that a 25% reduction is going to hit ISG at Lenovo. Good luck everyone.
About Union Pacific Corp.:
The Union Pacific Railroad is a freight hauling railroad that operates 8,500 locomotives over 32,100 route-miles in 23 states west of Chicago and New Orleans (as of 2016). The Union Pacific Railroad system is the largest in the United States and employs over 40,000 workers. The company is one of the largest transportation companies in the world and is headquartered in Omaha, Nebraska.
We are now about what 28000 employees... maybe? And they HAD 8500 locomotives, they only are running maybe 3300? How many are stored broke or have been sold off?
with the hype of ai/ml, do you think they will reduce headcount there (both in Ansys and synopsys) or they will layoff revenue making R&D teams at the cost of promise of big returns from their ai/ml offerings in the future?
Worst day in the history of this company, most of the people were laid off - global functions, AMER region.
Half of the people who got the letters have time only till Jan 23, then they will be laid off.
For rest handful of people, package is same, rest benefits go down, specially the bonus was reduced to less the 50% of the current one.
Curious case, a web marketing leader with 13 years was laid off, in comparison to a leader who just joined the company in July.
So much politics, so much biasness.
For Group 2 and Group 3 - leave while you can, only those will survive who are good at licking.
RR sold this company, sold the lives of thousands of people, shame on him.
worst CEO in the history of this industry.
Stop at 75K or further reduction?
https://techrights.org/n/2025/09/10/The_Bluewashing_of_Red_Hat_is_Being_Completed_Many_Staff_Unders.shtml