#workforcereduction

Reliable sources say that Friday the 13th is shaping up to be a day of major layoffs. Lists have reportedly been finalized across several LOBs, with a 10% reduction expected this year and potentially more next year. Wishing everyone the best.

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/

...Please realize that Offshoring and lower labor costs remain central to IBM's workforce strategy...

Comcast is implementing significant job reductions across its cable and broadband divisions, impacting over 1,000 employees. This restructuring is part of a broader operational and cost transformation initiative. The company has filed layoff notices in multiple states, with the total number of affected positions potentially exceeding initial disclosures. These cuts coincide with a strategic overhaul and an anticipated charge of over $1 billion.

https://qz.com/comcast-job-cuts-connectivity-broadband-layoffs-111026

Over the next two months, some employees may be offered opportunities to move to other teams, followed by another round of layoffs unrelated to individual performance.

100% confirmed, managers have the list

Restarting a thread where we strictly focus on sharing info. Please be kind to your colleagues during this stressful time and let’s stay focused unlike in the other thread.

I can confirm that SVPs were asked to make lists last Monday

These lists were however for vital employees (vs firing targets). The target for vital employees % was a lot less than half (wont be specific in case org dependant)

I personally didn’t get the 10% cut info (but I believe op from other post)

This cut is however not gonna be the “big one”, early 2027 is when we will get hit by another one, this time very substantial

Please share your info. I did my part here! Anyone has the date for the upcoming one?

Iv heard there are 2 or 3 more major waves coming in after New Year. They are cutting all depts. Another 15-20% reduction is what my sup is anticipating. Anyone else hearing this?I know after the split we will see major firings.

PepsiCo is implementing job cuts affecting approximately 1,000 employees in North America. This move is part of a larger strategy to revitalize the company's performance in its domestic market. The company intends to streamline operations and foster closer collaboration among its North American teams. These layoffs come as PepsiCo previously lowered its earnings outlook due to declining beverage volumes and stagnant food sales in the region. The company aims to become faster, more connected, and more capable to drive future growth.

https://www.cnbc.com/2026/11/09/pepsico-north-america-job-cuts.html

If you want to know what’s happening at PepsiCo don’t ask your leaders, ask Reddit and news feeds. 1,000 is the number to be laid off and oh yeah we lost Regal.

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.

Anyone know the approximate percentage overall ? Good luck and best wishes to all who were impacted. We all know the whole performance thing is not warranted. Hold your head high !

Several biotechnology companies have recently announced substantial layoffs as part of broader restructuring efforts. Agios Pharmaceuticals is cutting over 100 R&D roles, while Ultragenyx is laying off 20% of its workforce to reduce its R&D budget. Molecular Partners plans to reduce its staff by up to 44% to focus on its pipeline. Lenz Therapeutics is also making significant cuts, with 75% of its workforce being let go. These actions reflect a challenging period for the biopharmaceutical sector, with companies re-evaluating priorities and operational strategies.

https://www.fiercebiotech.com/biotech/fierce-biotech-layoff-tracker-2026

Verizon is implementing significant job cuts, eliminating approximately 3,000 positions as part of a broader restructuring effort. The company is also divesting some of its retail store locations to streamline operations. In addition to these large-scale reductions, a WARN notice has been filed for 54 specific layoffs across nine facilities in Washington State. These targeted layoffs are scheduled to take effect on September 18, 2026. These actions reflect ongoing efforts by the telecommunications giant to optimize its cost structure and adapt to market dynamics.

https://scanx.trade/stock-market-news/companies/verizon-plans-new-round-of-layoffs-this-week/45606580

Pace. How big will it be? $300m accrual buys a lot of severance. 1500 to 2000 heads? Where? Across the board? What does pace mean anyways? People arbitrage cease employment?

Seeing multiple posts of “last day at T-Mobile”. Which org was impacted last week?

Can someone with real info explain how layoffs work and what the likelihood of a November layoff is? I understand the stock price is dropping, but in the context of other tech stocks, it’s really not dropping that much. Also, aren’t these things planned ahead of time? They can’t just causally plan an LR right when the stock drops

The headline is the post. More pain coming.

Massive RAs beginninb of 2027...

ServiceNow is implementing a global workforce restructuring, impacting employees in India, the UK, and the US. The company is focusing on AI-driven efficiencies and specialized skills as part of this strategic shift. While the exact number of layoffs remains undisclosed, severance costs have significantly increased in 2026. ServiceNow aims to maintain its overall headcount by the end of the year despite these changes. This restructuring is occurring amidst a decline in the company's stock performance.

Santa Clara, California

https://www.peoplematters.in/news/strategic-hr/servicenow-layoffs-hit-uk-us-and-india-as-company-restructures-workforce-53222

U.S. employers announced a substantial 71% decrease in layoff plans during October compared to the previous year. This decline is detailed in a recent report from Challenger, Gray, and Christmas. The firm recorded 44,000 job cut announcements last month, a figure that, while slightly higher than September, remains considerably lower than the 153,000 recorded in October of the prior year. Food companies represented the largest sector for these planned workforce reductions, followed by the technology industry.

https://www.abccolumbia.com/2026/11/05/layoff-plans-down-71-from-last-year/

Fintech firm Block has initiated another round of job cuts this year, impacting employees across its Cash App and Square divisions. The company cited the use of improved tools for routine tasks and a strategic refocusing of teams on more complex issues. Affected employees will receive separation packages and transition support, mirroring provisions from earlier layoffs. These reductions follow Block's recent announcement of strong third-quarter financial results and an increased full-year outlook. The company continues its drive for operational streamlining and efficiency, with leadership emphasizing the evolving role of AI in business operations.

San Francisco, California

https://www.businessinsider.com/jack-dorsey-block-layoffs-second-round-job-cuts-cash-app-2026-11

Curious to see how big of a layoff today was or if it was more targeted.

Swiss banking giant UBS has reportedly eliminated approximately 200 positions in its London operations. These reductions occurred over recent weeks and impacted various business divisions within the bank. The job cuts are part of UBS's ongoing integration efforts following its acquisition of Credit Suisse. Affected areas include wealth management and investment banking. Some employees may be offered alternative roles within the company.

London, United Kingdom

https://www.ndtvprofit.com/business/ubs-layoffs-banking-giant-cuts-about-200-jobs-who-will-get-affected-12285354

Amazon has initiated another round of corporate job reductions, impacting roles within its e-store and devices divisions. These recent layoffs, totaling fewer than 1,000 in the e-store and approximately 250 in devices and services, follow larger waves of job cuts from late 2025 and early 2026. The company's strategy appears to involve smaller, more frequent layoffs, a pattern observed across the tech industry. This approach, while potentially efficient for resource management, can foster employee uncertainty and negatively affect morale. Despite these cuts, Amazon's retail and web services segments have reported strong financial performance.

https://www.inc.com/chloe-rosenberg/amazon-is-cutting-jobs-again-the-size-of-the-layoffs-isnt-the-most-alarming-part/91430970

ServiceNow is implementing another round of global workforce reductions. These layoffs are reportedly affecting various departments including CSM, Marketing, Media, and CEG. Employees in the United States, United Kingdom, and India have been impacted by these recent cuts. This follows recent comments from the CEO about a smaller workforce and a significant stock price drop after Q3 earnings. The company stated these are necessary structural changes to drive efficiencies and invest in AI skills.

Santa Clara, California

https://nowben.com/exclusive-more-servicenow-layoffs-after-its-worst-stock-drop-in-history/

Title says it all 🥜

Several companies in the Kansas City area have implemented layoffs during 2026. Oracle and Children's Mercy are among the organizations that have reduced their workforce. The article lists these companies as having cut jobs. Further details about the affected employees and their roles are available. The extent of these workforce reductions is significant for the region.

Kansas City, Missouri

https://www.bizjournals.com/kansascity/news/2026/11/05/kansas-city-layoffs-2026-oracle-childrens-mercy.html

So the company is offering another voluntary resignation program in Mike Bakers area. I think we all knew this would happen again based on increased use of AI as well as the poor financial state of the company. More information is supposed to be made available today.

Several Arizona businesses have initiated substantial workforce reductions. The Phoenix Symphony is ending its season prematurely, leading to potential musician layoffs. Chronicle Heritage, an archaeology firm, is closing its Phoenix operations and laying off 108 employees. Pharmaceutical technology company AssistRx is also reducing its Tempe workforce by 107 individuals. Additionally, Grunt Style is closing its Chandler store, impacting nine employees.

Phoenix, Arizona

https://www.sacbee.com/news/nation-world/national/article317871253.html

There are 499 others who got the ax for no good reason.

https://x.com/TheLayoff/status/2117683613622006032?a=&s=20

If major layoffs are coming, why do we have so many open positions right now?

Got to know today that VP's were notified with getting the list of people with 10% reduction target across each verticals of streaming.
These layoff would be announced by late November or Early December.

Also layoff would be global regardless of location.

Tianqi Lithium Energy Australia has reduced its workforce at its Kwinana refinery. This action is part of a broader organizational restructuring. The company is implementing changes to its operational framework. Specific details regarding the number of affected employees were not disclosed. The move signals a shift in the company's strategic direction.

Kwinana, Western Australia

https://thewest.com.au/business/mining/tianqi-lithium-energy-australia-trims-headcount-at-kwinana-lithium-refinery-as-part-of-restructure-c-23107536

Children's Mercy is eliminating 115 positions within its health system. An additional 473 roles will be transferred to an external company. These changes represent approximately 1.2% of the total workforce. Most affected positions are in nonclinical and administrative areas. The health system cited rising costs and stagnant reimbursement as reasons for these adjustments.

Kansas City, Missouri

https://www.kansascity.com/news/local/article317890246.html

So according to BE, he wants to “change the shape and size of our workforce, resulting in fewer managers and employees. ” so we better not see more HIH employees getting hired around the time of these layoffs