#uncertainty

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They're not done yet. more job cuts are coming

get ready because they're not done cutting jobs! rumor has it another round of layoffs are coming after thanksgiving. the severance isn't great especially if you don't have a lot of tenure. update your resume and watch your holiday spending. this ship is sinking fast.


Layoffs Decline Year-Over-Year, But Future Uncertain

Despite a slight increase in job cuts from September to October, overall layoff numbers for 2026 are significantly lower than the previous year. Research indicates a trend of companies retaining staff for seasonal needs rather than permanent hires. However, a separate survey reveals that a majority of business leaders anticipate continued layoffs in 2027. This suggests a potential shift in workforce strategies despite current reductions. HR departments are advised to prepare for these upcoming workforce changes.

https://hrexecutive.com/will-layoffs-continue-in-2027/


Hiring / Sponsorship

Hi all, it’s been a while since Fidelity paused visa sponsorships and hiring. Many contractors’ current contracts are due to end in about a month, but we haven’t received any updates. Does anyone know what’s happening? I’ve been working as a contractor for five years, and I expected to hear about a new contract extension by now. Any idea what is happening internal ?


hunger games??

Got fired today. I'm a team manager. But my manager wouldnt tell me if and who else on my team was also being fired with me.
Each team member one by one is getting meeting invite to be fired. Over a few days. And not at the same time. With a few still left who have no idea if they are just on the end of the list or have been spared this round.
WTF? Seriously you su-k OpenText.


11/9 Layoff today

US based. Received email notification about meeting with the upper up today this morning. On Teams it appears only between me and this upper up. I've been mentally prepared for this during the past weekend(s). However when I was arriving to the room, there were so many other people from my team both online and offline. Apparently we are safe, and 1 person is impacted from our team. The upper up shared that he/she knows other team in different region (country) that we're working closely with got more severely impacted (5-10 people). Another smaller team that I'm working closely with wasn't impacted (all safe). We get to breathe now at least and is assured the round is over, until who knows when next year.


Employee information session | mandatory attendance on Tuesday Nov 10

Anyone else receive a 15-minute Employee Information Session invite from the CPO for November 10, sent to around 400 employees? The subject says “Mandatory Attendance,” but the description says attendance is recommended. Does anyone know if this is related to layoffs, restructuring, or general company updates?

Most of the people are from El Paso location
It’s quite interesting


I like my job

Or let me rephrased that, I used to really like my job, but now that has been overshadowed by constant layoffs with no end in sight. We had layoffs before, this is not new, but at least once the round was done, we knew it was done. How are we supposed to deal with the constant axe hanging over our heads?