#workforcereduction

There is a new top down order for the VP level stack ranking to be done by end of JAN and the bottom 20% to be part of the upcoming AWS layoff in FEB.

Layoff Announcements:

1. UPS: 48,000 employees
2. Amazon: Up to 30,000 employees
3. Intel: 24,000 employees
4. Nestle: 16,000 employees
5. Accenture: 11,000 employees
6. Ford: 11,000 employees
7. Novo Nordisk: 9,000 employees
8. Microsoft: 7,000 employees
9. PwC: 5,600 employees
10. Salesforce: 4,000 employees
11. Paramount: 2,000 employees
12. Target: 1,800 employees
13. Kroger: 1,000 employees
14. Applied Materials: 1,444 employees
15. Meta: 600 employees

Total: 172,444

How many will Dell add to the list?

I sometimes wonder how someone who is 81, and serves a 79 year old President can tolerate the dismissal of dedicated staff simply because the workers enter their sixties?

Ensoma is halving its workforce after transitioning its genetic medicine program into clinical trials. The gmmg says the layoffs are meant to extend its cash runway. It's not looking good

1 + 1 =1 With the recent reductions, the headcount will be replaced with Frontier workforce in the next three months. So the employee size of Vz will be very similar for the next year or two. Maybe, a few a Frontier’s leaders will become major Verizon executives. These types of reductions have been occurring with all major Verizon takeover transactions over the past decades.

He's gone

What work groups were impacted by the layoffs?

Fiserv being heavily dependent on H1B visa holders.. the new rule taking out the auto-renewal of H1B effective October 30 2025 could impact the overall workforce seriously.

"The end of H-1B automatic renewal for those filing after October 30, 2025, creates uncertainty for H-1B holders, as their work authorization will cease on their current card's expiration date, potentially leading to unemployment gaps while waiting for USCIS to process their renewal. This change can jeopardize careers and financial stability for both the worker and their employer. This impacts not only H-1B visa holders but also their dependents (such as those on an H-4 visa) who hold work permits based on their dependent status. "

I was informed my position was eliminated today.

I was told by my supervisor that I don't have to do any work (including transitioning any work to other teams) or charge any time for previously scheduled PTO.

Is that correct?

Horizon is laying off 300 employees come Jan

I’ve seen so many messages and status updates. From where I am, it looks like a lot.

I am safe, and I dont feel great. I feel destroyed. So many people around me are gone, and my heart is broken. I can't even understand how we move forward without some of the groups we have lost today

How large is this surplus wave?

Not "just this once." Not to help out. Just don't. They're counting on it. Let them feel the consequences of their actions for once when things don't get done.

I am hearing that up to 20 % on the union workforce will be layed off next . (Workers hired after 8 of 2003 ) Any thoughts or facts on this ?

Can they cut 13k people in a single day?

Any word if CHS will be conducting Corporate layoffs this year or next year?

Anyone know what roles were effected most? Did they target specific departments or positions? Regional selections

With companies like IBM laying off thousands —
Microsoft laid off 9,000, Amazon ousted 14,000,
Accenture about 11,000 — it might be time to
seriously consider the future of this
displacement.
We won't be holding our breath.

https://www.bgr.com/2025199/ibm-tried-replace-workforce-ai/

so who is being cut? is it reps, online channels, managers, assistant managers? under performing stores/reps? it’s all confusing

You will be laid off asap because your function can and will be done elsewhere for less cost.

Hey guys I report to Dean Brauer from what I understand it’s going to hit hard your immediate teams will be cut in half. So everyone your with today only half will be there next week good luck v teamers

Just heard of a handful of long time employees that were let go.

https://newsroom.paypal-corp.com/2023-01-31-Update-on-Our-Transformation

I thought DII was going to be our bread and butter for monitoring, They cut half the team today. I believe other orgs were also impacted.

Wow. I heard they’re about to lay off another 2000 employees, most likely in order to make room for fully in person work next year

https://www.calcalistech.com/ctechnews/article/h1cjws5xwx

Cisco to lay off dozens in Israel as restructuring hits local operations

Entire group was fired yesterday and another one in london is planned in the next few months. The train replacements in india and then fire the OG team.

I was shocked by dolls vp gutting. Some seriously big deals. Who did a lot. What happened?

The retail stores that are turning franchise are the following.

• Under performing year over year (all metrics, not just growth)

• overlapping/ redundant stores, including stores in congested markets (example, districts with stores within a 30 mile radius from each other)

• locations with upcoming expiring leases

• locations that have not been remodeled

• Mall locations (all)

The cuts outside of stores closing will be support channels, R2B reps/managers, Sr operations analysts, training, director consolidation, sr director consolidation, market presidents and VPs and their support teams (executive assistants, etc.) Retail stores with 3 assistant managers.

Anyone know if this is contractors too?

Starting layoffs at agent level in merchant and card.

That's how it was done people... someone up your chain had to do this.

"Give me a ranking of your employees."

Be prepared, some groups are going away entirely and some groups could lose 50% of the team.

"You have 10 people? Make it work with 5." -- Dan

People, sadly, it doesn't matter if you're an excellent employee with great reviews and work ethic. Dan has relegated people to simply being a number. X number of X are getting whacked. I wish I could say this wasn't true, but it is.

If they're telling you they don't know they're either lying or they're on the chopping block too. Calls will begin on Thursday (100% no doubt).

This is THE worst kept secret in Verizon... and elsewhere for that matter. Upper management is ticked off that this leaked. Honestly, what do you expect when you "whack and hack" 15% across the board without really knowing what you're doing?

I am feel sorry for those let go because the job market right now is just not great. There is life outside of Verizon, you may have to look for it ... for quite a while.

Good luck people...

T

Does anyone know when the towers layoff will occur? If you don’t know can you give your best estimate's ? Just trying to prepare myself. What percentage of business and dnd folks do you think will be affected?

Been hearing rumors through the grapevine of more RIFs at RFAB

This has been going on for months now. Off shore India teams working during US workforce hours. The writings on the wall. Fiserv not supporting the US employees with this strategy. Good luck.