#redundancy

Has anyone recently been impacted by WFR? Asking because since the implementation of ODW, it feels like the redundancy efforts may have started. Trying to understand if others are seeing similar developments across teams or locations.

Why can’t fidelity just offer VBO? Or eliminate redundant leader roles which are overlapping such as EAL,GEL, EL, PAL, GPL PL, and multiple Team Leader. Wondering what really are they contributing?

Fulton Bank is eliminating 95 positions in Parsippany. These layoffs follow the bank's acquisition of Blue Foundry Bank. The approximately $243 million acquisition closed last month. Role redundancies were identified after a review of corporate and support positions. The job cuts will occur in two phases this year.

Parsippany, New Jersey

https://njbiz.com/fulton-bank-layoffs-parsippany-blue-foundry-bank-acquisition/

"Restructuring proposal which may affect several roles in Ireland, provisionally including yours"

Does anyone know how much was the redundancy last time?

As you all know 75% of teh contractors in CX were made redundant during the last 3 months. Most of it happened in the CX centres.
The latest is, CX is getting rid of all small accounts and they are keeping only what they call signature accounts. These are major SP accounts like AT&T,verizon, BT, TI, DT,Telstra etc.
The CX enterprise business is in a lot of trouble for a long time. So except for few strategic accounts like Microsoft,google, etc, CX is getting rid of all small accounts. Their plan is to manage such accounts through partners. This is a big shift that will happen in the next 12 months. As a primary step, they are planning to cut 15% of all blue badges in all theaters. They are planning to justify it with AI efficiency improvement and margin pressure. So Braze for it amigos.

Brokerage, Wealth, WI, PI are all under WEALTH as a BU.

Back in 2024, they split Wealth into Personal investing (PI) and Workplace Investing (WI) that had some impact and layoffs.

But the move did not make sense long term and hence with Emerson's and Bob's move Brokerage, PI, WI are again considered "Wealth" as a one BU and there's push to consolidate operations that do similar work.

With that, there will be obviously some redundancies that will be introduced.
Some slackers who have been coasting for years, will be exposed along with managers pets and those managers who are responsible for encouraging these pets.

Majority of these "pet owners" tend to be CL and GCLs, not just in Wealth but across company.

What's unfortunate is that there are some chapter leads who got "lucky" and are now "Engineering leads" but still promote favouritism.

It all stems from their own insecurity, they downplay achievements of high performer pushing them to deal with all sorts of stress, anxiety and uncertainty.

They will talk big game in the face but seriously lack basic documentation skills.

Seems like EMTEC is planning to increase the PIP % across all of its organizations this year. All the made up LCS roles are being reassigned back into research, Done with stories used to justify CL upgrades . At the same time, we are seeing significant redundancy across research functions, and there is heavy hiring within BTC on computational modeling, RTO, and data science groups.

Watch this space.

Being asked to track capacity (basically a spreadsheet of hours on various tasks throughout the month)

Anyone else salaried but being asked to do this? Seems like they're checking for "redundancies"

Doesn't the RAT created so much redundancy there, seriously as usual not much impact to them and they will be celebrating yet again. Can't understand why, just because cheap?

We’re losing too many good people, especially leaders at the higher levels.

The people who are smart, capable, and marketable are finding other opportunities and leaving. The problem is that these roles are not being backfilled because leadership still believes we are “fat” or redundant. In reality, much of the redundancy is not where the strongest performers are.

So what happens? The remaining high performers absorb the work. More scope, more pressure, fewer experienced people, and no real plan to replace the talent walking out the door.

This is not sustainable. We are heading toward another wave of departures, and once that happens, the damage may not be fixable. Institutional knowledge is leaving. Strong leaders are leaving. The people who can carry the company through uncertainty are leaving.

At some point, this stops being “right-sizing” and becomes self-inflicted damage.

Cannot say more, but some teams in Risk are being considered for cuts. Target looks like around at least 20 percent of teams in high-cost locations should be gone by EoY. This would be either through relocation to cheaper place or redundancy.

They are no longer 3M? Are they Madison employees now, or are they redundant?

Anyone recently gone/currently going through redundancy in the UK?

If you've had your consultation meet was the pay offer statutory, VZ typical enhanced (month a year up to 6 months) or somewhere in between?

Anything else interesting that could help please?

Just more buzz talk or yet more redundancies to come?

Yes entire team. We all got invited to a single business update meeting and then the director told us, this team is redundant.

When will ESG take care of the redundant managers?

There are still many redundant managers in ESG.
Below is the HR guide to weed out them:

1. Managers reporting into other managers at the same level.
2. Managers with less than half their direct reports in the same location.
3. Managers with fewer than 8 direct reports.
4. Managers who are remote employees themselves.

The GM of ESG should really take a hard look at the managers under the directors, since directors will always try to protect the ones they’re tight with. And keep an eye on recent org changes, because reporting lines can get shuffled around just to help certain managers dodge these criteria.

More disgraceful and disgusting behaviour by this company.

https://www.abc.net.au/news/2026-02-11/telstra-axes-600-roles-in-redundancy-round-outsourcing-to-india/106331708

After the telco confirmed 209 jobs would be slashed from its AI joint venture with Accenture, Telstra workers said they had also been notified of more than 400 other potential job losses.

The total scale of the cuts was outlined in an email sent to staff on Tuesday at 4:49pm AEDT, in which CEO Vicki Brady detailed proposed changes to the telco's Telstra Enterprise and Telstra Consumer divisions.

Di-k's Sporting Goods has started layoffs at Foot Locker. This occurs nearly a year after its acquisition of the retailer. Unnamed sources confirmed the news to Footwear News. Some employees were asked to return to office or relocate. Redundancies were expected following the merger.

https://fashionunited.in/news/business/di-ks-sporting-goods-initiates-layoffs-at-foot-locker/2026033053835

17 being made redundant across the UK and more expected in the next 90 days. Great reward for constantly hitting our targets.

I owe you all an apology. Back when those whispers started flying around about big cuts hitting end of Mar, I told people flat-out there weren't going to be layoffs. I was trying to calm nerves, keep morale from tanking, because I genuinely didn't want to believe it . I was wrong. And I'm sorry for giving anyone false hope or making the shock hurt worse when the news landed.

The Frontier stuff closed in Jan, and yeah, the overlap redundancies are real. Then you have got the whole Opex transformation push and AI rolling in faster than anyone expected, quietly eating away at roles we thought were safe. It's not rumors anymore. it's happening peeps.

To everyone who's been let go already, or who's still waiting for the axe, or watching teammates pack up boxes, I'm gutted for you. This su-ks. Really su-ks. Wishing you nothing but the best moving forward: quick landings, decent severance if you got it, and doors opening somewhere that values what you bring. Seriously, good luck.

Someone posted this in a different thread, it's worth exposing it here on the main page:

• In the UK it's a legal requirement to make roles redundant, not people. However there are no formal job roles assigned, and having access immediately revoked and being escorted from the building is not commensurate with a "consultation". This is not legal, but just like the lack of WARN notices, they keep doing it.

UK is facing three waves of redundancy, affecting roles across all departments with a focus on tech. Termination dates set to April, July, and November. At least 150+ roles to be eliminated in UK.

Will AI make AI team redundant ?

I don't see any value add for Business analyst, scrum masters in tech groups. Specially in AI era, these positions are redundant and can be completely eliminated.

In 2024, every single person in marketing that took FMLA or Short-term disability was made redundant! Everyone!

Okta is not about talent it is about authoritarian obedience!

Press Gazette understands product reviews brand Tom’s Guide and news and reviews site Techradar are being hit particularly hard, and that staff in both the UK and US have been affected.

https://pressgazette.co.uk/news/future-plans-45-editorial-redundancies-at-titles-including-techradar-and-toms-guide/

Pharma Companies Hire Laid-Off Novo Nordisk Staff

https://medwatch.com/News/Pharma___Biotech/article18956256.ece

Novo Nordisk laid off 5,000 employees in fall 2025. CEO Mike Doustdar initiated these redundancies on September 10, 2025. These layoffs affected the Danish part of the company. Several pharmaceutical firms are now recruiting these former employees. Gubra, Bavarian Nordic, Lundbeck, and Rias are among the active recruiters.

The entire IT in the UK have been made redundant. The director, every manager.
This AI nonsense from Omar is destroying the company.

Instead of offering redundancy waters will offer you a new role.if you give it a go for 4 weeks it is deemed you have accepted a new contract and not entitled to redundancy.

Just out of a meeting. All EU frontline L1 and L2 managers are being made redundant. Off shore cheap cr-p labour wins

You work at DXC for 10 years and want a WFR package.
You stay because you think its the best thing to do.
You get zero pay rise for 10 years
You might be lucky (unlikely) but because of zero pay rises, your WFR package is reduced.
DXC gains either way - they can wait you out

Just checking if the Brit’s got their RSUs as part of the redundancy program. It would be very bad form if EM didn’t give to us after all but wouldn’t surprise me with this company. Im playing the waiting game for the Australia communication.

Marketing redundancies got the axe middle of Q4 last year. The early February is the projected end date for LCCs per union members who received advanced notice — assuming they don’t relocate anyone or save support staff that’s cutting a lot of heads. Who else might go? Channel support? They don’t do a whole lot anyway other than redistribute PowerPoints someone else made…

If DXC gets sold or has to declare chapter 11. You will get close to nothing. We just had a colleague laid off after 25 plus years and only got 15 weeks (based in US) For the love of whatever you believe in, read the terms for YOUR contract and location. I'm all for sitting around and doing nothing (it's quite nice) but look for an exit while you can so you are not blindsided. Leaving on your own terms is much nicer.

Swiss bank UBS is preparing to start the next wave of layoffs in mid-January, Bloomberg claims based on sources inside the bank.

https://www.swissinfo.ch/eng/various/ubs-new-wave-of-redundancies-in-mid-january-according-to-bloomberg/90663445

I have been here just under a year what is the redundancy package? I know....

Every acquisition brings layoffs and one of this magnitude will certainly result in a major, major RIF. People in what could be considered redundant positions (and there are many of those) should start looking right away. You have about a year or so before this becomes a reality.