#restructuring

Is anyone able to confirm if Dec or Feb or other?

I have been applying for jobs regardless of my role eliminated but interested to hear for my level of urgency.

After alll these anticipated “mass” layoff, are we going to see a re-structured Verizon? Thr left-behind employeees will be shufled?

Yes we have issues, yes there’s a lot of people doing a lot of nothing. I know mass layoffs in the union are unlikely but does anyone know what sort of restructuring we might see?

This week my new boss brought me behind the current to help untangle reorg chaos. He is new in role, so totally lost, and wanted my help on work flows, etc. Long story short, they eliminated multiple jobs with zero plan/guidance as how those responsibilities should be done. When I asked “what’s leaderships guidance?” The response was hand waving about centralization. When I ask what the skills/capacity are of the centralized team, more hand waving. It was then suggested, as a high performer, they’d like me to take on responsibilities of one or more of these roles. Here i pushed back, noting: 1) this was not what I applied for; 2) they dropped my role a psg, 1 below my current psg, and the new role would be a psg above the old role - so unless they adjust the psg, im not doing anything more (because what’s my incentive). I also suggested we needed better guidance from whomever established the new org design to understand what’s intended, and it was made clear to me there was no intentional design here, just a concept they want to make so. The lack of leadership from LT is appalling. And, I don’t see a way out.

But it got me thinking if it’s this much a cluster fu-k in my little corner, the rest of the biz must be as bad or worse. So let’s hear it! What’a broken in your corner of this clusterfu-k?

New restructure key goal: Mentor ENGINE resources and get laid off!

Thanks Uncle Chevron!

Fartley is pi---d.

With Q2 Gro no longer being actively developed, has there been any impact on the team responsible for it, such as restructuring or layoffs?

From 6 to 8th largest bank. Management reshuffled. Worker bees fired. Morale in the toilet.

#ChampionMindset

…are big layoffs far behind?

Anyone heard anything about this?

Announced in Q4 earnings call and press release, SENSIA, the JV between RA and SLB created in 2019, to be dissolved in early 2026.
Uncertain times ahead as that's a lot of people to absorb into Rockwell or Schlumberger.

"...Red Hat, has recently slowed, which analysts believe could be a factor prompting the current restructuring." https://www.techrepublic.com/article/news-ibm-layoffs-november-2025/

Is no one going to bring this up? I thought it was only Tech and HR on here? What’s the word in HR after all the change? Promotions? Layoffs? New roles? Is this good or status quo given the larger restructuring

Any word on Comcast's NorthEast Division layoffs? I used to work there up until I myself got laid off during one of their many restructurings several years back, but many of my co-workers from that time are still there.

• Tripadvisor announced layoffs affecting about 20% of its workforce across the core Tripadvisor brand, Viator, and administrative teams.
• CEO Matt Goldberg said the restructuring aims to prioritize “experiences and AI-enabled discovery, planning and booking.”
• The core Tripadvisor brand, though still profitable, has been shrinking and took the largest share of the job cuts.
• Skift reported that the layoffs were confirmed after internal communications detailed a broader operational merger plan.
• The move reflects Tripadvisor’s strategy shift to adapt to AI-driven tools and a changing online travel landscape.
  Source:

  https://skift.com/2025/11/05/layoffs-hit-20-of-tripadvisor-viator-and-administrative-staff-scoop/

Illinois companies reported 1,722 mass layoffs in September 2025, with Capital One leading job losses following its merger with Discover and restructuring in Riverwoods.

Chicago saw 726 layoffs across six employers, including Spirit Airlines, Weiss Memorial Hospital, and Brookdale Senior Living.

Nearly 45% of layoffs affected suburban Cook County workers, while 39% occurred in nearby collar counties, with the rest spread across Champaign, Winnebago, Macon, and Stephenson counties.

Of the total cuts, 650 were standard layoffs, 430 were due to business closures, and 97 were furloughs or temporary layoffs, with about 63% expected to be permanent.

The report suggests Illinois could strengthen its job market by reducing its high property, corporate, and unemployment insurance tax rates to create a more competitive business environment.

https://www.illinoispolicy.org/capital-one-leads-illinois-mass-layoffs-as-companies-announce-1722-job-cuts/

Title: Charlotte manufacturer to lay off 850 people companywide amid revenue slump
Source: The Charlotte Observer
URL: https://www.charlotteobserver.com/news/business/article312787843.html
Summary: Charlotte-based JELD-WEN will cut 850 employees across North America after reporting a $378 million operating loss in the third quarter. The manufacturer cited falling demand for new homes and rising material costs, marking its second major round of layoffs this year.

Title: IBM Is Laying Off Thousands of Employees as Its AI Business Surges
Source: Entrepreneur
URL: https://www.entrepreneur.com/business-news/ibm-is-laying-off-thousands-of-employees/499219
Summary: IBM is eliminating several thousand positions, about 1–3% of its global workforce, as it pivots to AI consulting and software. The company says U.S. employment will remain steady overall while it expands in high-growth AI sectors.

Title: IBM to cut thousands of jobs in fourth quarter amid software focus
Source: Reuters
URL: https://www.reuters.com/business/world-at-work/ibm-cut-thousands-roles-focus-software-growth-bloomberg-news-reports-2025-11-04/
Summary: IBM will trim a low single-digit percentage of its workforce this quarter as it strengthens its software division and pursues AI-driven cloud demand. Despite strong stock performance, slowing growth in cloud services prompted the layoffs.

Title: Architects, Engineers Among The IBM Employees Targeted In Latest Layoffs
Source: CRN
URL: https://www.crn.com/news/ai/2025/architects-engineers-among-the-ibm-employees-targeted-in-latest-layoffs
Summary: IBM’s latest job cuts include engineers, architects, and AI specialists, affecting thousands globally. The company says the move reflects its effort to align talent with new priorities in software and hybrid cloud solutions.

Title: IBM cutting thousands of jobs in the fourth quarter
Source: CNBC
URL: https://www.cnbc.com/2025/11/04/ibm-layoffs-fourth-quarter.html
Summary: IBM will cut thousands of jobs, roughly 1% of its 270,000 workers, as part of a quarterly restructuring. The firm expects U.S. employment to remain flat while relying more heavily on AI tools to improve productivity.

Title: IBM to Cut Thousands of Workers Amid A.I. Bo-m
Source: The New York Times
URL: https://www.nytimes.com/2025/11/04/technology/ibm-layoffs-ai.html
Summary: IBM plans to lay off thousands as it focuses on AI consulting and software growth, continuing its long practice of “workforce rebalancing.” The cuts coincide with broader tech industry downsizing as companies invest more in AI infrastructure.

Title: IBM Confirms Layoffs Impacting Up to 5,000 Workers as It Shifts Focus to AI
Source: TechRepublic
URL: https://www.techrepublic.com/article/news-ibm-layoffs-november-2025/
Summary: IBM’s layoffs could reach 5,000 jobs, mainly in its infrastructure group, as it concentrates on AI and software development. Despite solid earnings, the company says restructuring is needed to boost efficiency and long-term growth.

Title: IBM cutting several thousand jobs in latest layoffs
Source: The Register
URL: https://www.theregister.com/2025/11/04/ibm_cutting_several_thousand_jobs/
Summary: IBM began issuing layoff notices to several thousand staff, with major reductions in its U.S. infrastructure and cloud divisions. Insiders estimate up to 45% of that group could be cut as part of efforts to improve profitability.

Title: IBM Lays Off Thousands Globally Amid Fourth-Quarter AI Push
Source: Tech.co
URL: https://tech.co/news/ibm-lays-off-thousands-fourth-quarter-ai-push
Summary: IBM will eliminate thousands of roles, roughly 2,700 or more, during its fourth-quarter restructuring. The move aligns with a global trend of tech layoffs tied to AI adoption and productivity-driven cost cutting.

Title: Reports of IBM Layoffs in 2025 Round Out the Year with Q4 Cuts
Source: The HR Digest
URL: https://www.thehrdigest.com/reports-of-ibm-layoffs-in-2025-round-out-the-year-with-q4-cuts/
Summary: IBM will lay off thousands worldwide as part of a “rebalancing” initiative that could affect up to 8,000 employees. The company says the cuts align with its push toward AI and cloud investments, following earlier HR automation efforts.

Title: IBM layoffs loom as ‘single-digit percentage’ of global workforce set for cuts
Source: IT Pro
URL: https://www.itpro.com/business/business-strategy/ibm-layoffs-loom-as-single-digit-percentage-of-global-workforce-set-for-cuts
Summary: IBM will reduce its workforce by up to 5% globally, translating to as many as 13,500 positions. The move comes after strong quarterly earnings and a 9% revenue rise, signaling an ongoing restructuring to support AI expansion.

Title: IBM to lay off thousands as attention shifts to software
Source: CIO Dive
URL: https://www.ciodive.com/news/ibm-layoffs-2025-AI-software/804812/
Summary: IBM confirmed plans to cut thousands of roles in Q4 as it redirects resources toward AI and software. Executives say the layoffs are part of routine workforce balancing while demand for AI-driven enterprise solutions grows.

Title: IBM’s 8,000 Layoffs Reveal the Harsh Reality of the AI Revolution
Source: SlashGear
URL: https://www.slashgear.com/2016679/ibm-lays-off-8000-workers-amidst-ai-revolution-harsh-reality/
Summary: IBM is replacing thousands of HR roles with AI tools as it restructures around automation and efficiency. Analysts warn that while AI is fueling job cuts, most companies still struggle to see tangible returns from such investments.

Title: Badly Crippled IBM Can’t Be Fixed
Source: 24/7 Wall St.
URL: https://247wallst.com/technology-3/2025/11/05/badly-crippled-ibm-cant-be-fixed/
Summary: The article argues that IBM’s recent layoffs and AI pivot will not reverse its long-term decline. Despite modest revenue growth, analysts see the company as too small and too late to compete with today’s tech leaders.

Title: IBM layoffs to affect thousands despite 35% rise in share price this year
Source: People Matters
URL: https://sea.peoplemattersglobal.com/news/strategic-hr/ibm-layoffs-to-affect-thousands-despite-35percent-rise-in-share-price-this-year-47068
Summary: IBM plans to cut a small percentage of its 270,000 global staff even as its stock climbs 35% this year. The company is accelerating its shift toward AI and cloud services amid concerns over slowing growth in its software unit.

Title: IBM expected to cut thousands of jobs from global workforce
Source: Silicon Republic
URL: https://www.siliconrepublic.com/business/ibm-expected-to-cut-thousands-of-jobs-from-global-workforce
Summary: IBM will lay off a low single-digit percentage of its global workforce, continuing a pattern of tech industry downsizing. The company is focusing resources on software and cloud growth areas while maintaining steady U.S. employment levels.

This isn’t rumor, emotion, or gossip.

This is what the company itself has said, plus the math that follows from it.

No fluff. No slogans. Just reality.

Where Xerox actually is:

• Q3 cash generation did not cover costs; free cash flow driven by working-capital timing, not profits.

• Legacy business declining on a like-for-like basis.

• GAAP gross margin is 22%, very thin to support debt, restructuring, investment, and dividends.

• Significant debt added to fund acquisitions.

• Leadership has stated we do not have 2 years to fix this.

• Workforce reductions confirmed to continue into 2025–2026.

• Integration urgency now tied directly to SURVIVAL narrative.

• Merit / raises tied to profit (uncertain to say the least).

• Strategy locked: no pivot planned, only “execute faster”.

This is a turnaround under time pressure, not a routine quarter.

What has been signaled:

• The model is right, execution has failed!

• The company will run out of runway without faster performance!

• More layoffs are expected!

• Every function and region expected to “do more with less”!

• Employees told to stop prioritizing personal situations and put the company first!

• Execution failures = leadership changes!

The bets are already placed. No turning back. Sink or swim on execution.

Employee reality:

• Job security is performance- and speed-dependent.

• Raises contingent on profitability, not guaranteed.

• Higher workloads, fewer resources.

• Culture shifted from “corporate career” to “survival, sprint, sacrifice”.

Clear message: contribute at full speed or self-select out.

What happens next? Likely 12–18 month environment:

• Continued restructuring & RIFs

• Ongoing cost compression

• Integration friction + tech platform migration

• Talent drain and forced performance pressure

• Narrow focus: cash, margin, execution speed

Best case? Turnaround works, company stabilizes, slow growth returns.

Middle case? Extended grind — layoffs, morale erosion, cash tightness.

Worst case? cash performance fails... strategic alternatives come to play (asset sales / debt restructuring / Private Equity involvement).

All are standard outcomes in leveraged turnarounds; which one we hit depends on speed, cost takeout, and execution.

Bottom line:

• Xerox is no longer operating in “business as usual”.

• This is SteveB's plan A: execution speed vs. cash runway.

• There is no plan B. And plan A must work quickly.

• Everything else — morale, culture, careers — is secondary to operational survival right now.

Wartime rules are in effect. Everyone just heard it live.

The mood shift, the urgency, the tone, the pressure... all real.

This is what corporate in distress looks like when management says it out loud.

Now you know.

Per internal docs it appears that the entire mid market channel (from VP down) will be eliminated due to poor business practices. SMB directors and their teams will be assuming mid market roles and territories. Retail store GMs will be dissolved and stores with low door swings will be closed. This is expected to be announced 11/17-11/21.

A lot of verified assessing and head hunting at the top for 2026 as we end 2025. A big big profit year is needed as Wilson bids farewell and takes his millions and millions of unearned capital with him and sets the stage for his heir apparent in 2026.

A lot of restructuring coming, a lot of combining and aligning of areas happening, a lot of movement of additional services to vendors and overseas, implementation of the incomplete and flawed AI too early, and reductions in force are a certainty as we head into the first half of 2026.

Get your fe--s consolidated and be ready for what is coming.

MPs were the first to go this week. Maybe this means no more markets??

No one is giving specifics, but a colleague mentioned a number of senior leaders and managers were let go from the Alpharetta office. Can anyone confirm?

https://www.bloomberg.com/news/articles/2025-11-04/ibm-to-cut-thousands-of-roles-in-focus-on-software-growth

By: Brody Ford
November 4, 2025 at 12:31 PM CST

International Business Machines Corp. will cut thousands of workers this quarter while it continues to shift the focus of its business to higher-growth software and services.

“We routinely review our workforce through this lens and at times rebalance accordingly,” a company spokesperson said. “In the fourth quarter we are executing an action that will impact a low single-digit percentage of our global workforce.”

IBM shares have climbed this year on investor enthusiasm for the software business, which is fueled by acquired divisions Red Hat and HashiCorp. Chief Executive Officer Arvind Krishna has pushed the unit to become IBM’s largest business, especially as the consulting division has been buffeted in recent years by customer concerns about the overall economy.

The company employed about 270,000 workers as of the end of 2024. Some US workers may be affected by the job reductions, but employment in the country is anticipated to remain roughly the same year over year, the spokesperson said.

Looks like they really are taking the training wheels off the managers and letting them manage a little. It's funny though to watch them try to continue all the garbage McK generated simply to have projects to charge time against. Maybe now they will see the idiocy of it all and how / who REALLY made the new organization. Good luck managing the pile McK leaves behind.

Effective immediately, Fujifilm North American Business Innovation have reduced their U.S. based staff by several hundred. All areas of the business have been affected, except ex-pats from Japan.

Fuji's U.S. operations has been hemorrhaging for the better part of the past few years with declining sales and market pressures due to ongoing import tariffs.

Keeping the ex-pats in the U.S. protects reducing personnel in Japan and abroad.

TScan Therapeutics is laying off 30% of its workforce as the T-cell receptor (TCR) therapy biotech abandons a phase 1 solid tumor trial and focuses on patients with blood cancers.

https://www.fiercebiotech.com/biotech/tscan-lays-30-workforce-halts-phase-1-solid-tumor-t-cell-receptor-trial

A lot of group chapter leads, platform leads are up for significant role shake up.

This won't be without impacts to associates at level 4,5,6.

We are looking at complete restructuring of middler tier managers which includes delivery leads, platform leads, chapter leads and group chapter leads.

There's a chatter of no more squad model, lot of squad leads, group squad lead roles are up for a shake up as well

While the consensus is "no impacts to associates", we all know that's a lie.

Some will be communicated the decision middle of November, giving associates 2 months to find new role.

Others would have until end of Q1 2026 to find new role.

Looks like KW and GS are done for

Lot of changes will be coming now. Good luck to all

Rumour has it this is the new model , everyone else in any other country is Fcuked !

News travels fast, as it should...

https://www.hodinkee.com/articles/fossil-is-restructuring-as-debt-and-tariffs-take-toll

Seems they sold their souls a while back

Corporate employees will there be a restructure happening? And any updates on mandating in office days?

Any news?

When will TRP outsource retail account servicing like they did for their workplace retirement and 529 businesses? Seems like they could be more profitable as a pure asset manager with less overhead.

This is going to be similar to what Elon did to Twitter when he bought it.

"To the long-suffering men and women in the trenches of the Verizon workforce, this may sound like a new commander's call for another big push days after the last fruitless effort. Under Hans Vestberg, Schulman's predecessor, Verizon's headcount shrank by 44,900 employees between 2018 and 2024, about 31% of the earlier total. Since 2015, the number has plummeted by 78,100. All this carnage has still not apparently produced the lean machine that Schulman, who has been the top independent director on Verizon's board since 2018, wants to see. "

https://www.lightreading.com/ai-machine-learning/verizon-ceo-wants-aggressive-cuts-after-vestberg-culled-45k-jobs

Yes, it's true that RIF is due later this month. However, I heard that since Dan wants to make the org extremely lean, they are also planning for a VSP in 2Q'2026. Anyone heard about that?

Wouldn't that be interesting? Trim the fat once and then trim the folks sitting on the edge again?

Let's say you didn't get RIFed, would you take the next VSP?

The university has confirmed that 46 full-time employees were affected by what they describe as restructuring. However, they have not specified if additional layoffs will occur.

https://www.msn.com/en-us/money/general/xavier-university-lays-off-50-employees-more-expected-soon/ar-AA1PvJIB

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.

Per the article on Financial Advisor IQ

“More than 70 market sales managers were informed on Thursday that their roles would be eliminated, according to one of the sources, who spoke on the condition of not being identified. Though some of the displaced workers may be rehired later as market growth directors, there will only be about 30 openings for those positions, and they will be open to external candidates as well, according to the same source.”

"We are investing in our National Sales organization to deliver stronger, local, and more targeted support for financial advisors," James Craven, Wells' national head of sales, said in a statement provided to FA-IQ. "

Haha these people won’t admit that they aren’t making as much and that their “Sales team” is over paid and u see producing. Craven makes too much for someone who was a Client Associate

Risk of Chapter 11 or sale
Given the above:
The heavy debt load (several billions) and relatively small cash cushion raise risk if business continues to decline or cash flow weakens.
A sale or restructuring becomes more likely if they cannot reverse margin declines, stabilise revenue, and free up meaningful cash flow.
If nothing materially changes, the company may find itself pressured within 12-18 months, but this is highly dependent on actual cash flows, debt covenants, market conditions, interest rates, etc.
A sale (or strategic merger) may be a more likely outcome than full Chapter 11 if assets/brand can still attract buyers and if management acts proactively.