#workforcereduction

My Boss just told me it may not be over. Do they HAVE to wrap this up by a certain day? He said some things are in flux..... But I would be OK.

Strategy since TU acquired Neustar team to replace (cut) TU workforce. You dont know where you are heading; New tune now talking AI and so on. Prangana failed , OneDev 1.0 expired, One Tru & OneDev2.0 frozen; new tune AI 1.0
Soon dump stocks and then out of office.

My interpretation of the articles going around is that this is affecting “management” employees meaning HQ. Retail is its own thing and they are not categorized the same in the financials.

Retail moving to indirect and/or closing down will be its own thing.

It is more than 15K if Retail is IN ADDITION to the 15K Corp layoffs

Quite a few today.

I believe there’s a lesson here for the Board of Directors. It has to do with leadership accountability, starting with the ELT and cascading all the way down to front line management…. If nothing else, the BOD should have some questions about why this huge layoff was necessary. And I don’t think it’s all Ryan’s fault. This could have been avoided.

Has anyone been explicitly told that their team is done?

https://www.wsj.com/business/telecom/verizon-to-cut-about-15-000-jobs-87280c3c?st=wEAoYL&reflink=article_copyURL_share

When they say cutting managers are these the higher ups or just management in general

Will the IT groups be targeted i this layoff

Verizon has a total of 100,000 US employees. Not all of the 100,000 are managers. So 15,000 manager jobs cut is more than 15%

https://www.reuters.com/business/verizon-cut-about-15000-jobs-wsj-reports-2025-11-13/

Hot off the wire - cuts starting tomorrow in Model E.
Best of luck to you all. See you on the other side.

https://www.wsj.com/business/telecom/verizon-to-cut-about-15-000-jobs-87280c3c?gaa_at=eafs&gaa_n=AWEtsqfwwzzGQNSjf0iTTRQ56zZ3hH423LmR2obghM3lJxDmwnKWn-zDeFAwFT9Kzlw%3D&gaa_ts=691622e7&gaa_sig=yRd7CDEKqfopJo7htngX-i8UXriFKDO6GYSMCuamHROphJYQhpOw8di_q5K05JgjulSJbciduA9AaLJ_qpKSqQ%3D%3D

https://www.thelayoff.com/synopsys

or if linked: /synopsys

We are #1 layoff-er today:

https://x.com/TheLayoff/status/1989030202857714022?s=20

The layoffs, the largest ever for the wireless carrier and impacting about 15% of its workforce, are set to take place in the next week.

The cuts are aimed at its non-union management ranks and will affect more than 20% of that workforce, the source said. Verizon also plans to transition around 180 corporate-owned retail stores into franchised operations, the source added

Is the layoff applicable to full time only or contractors are going to be impacted as well? Can organizations sacrifice contractors to meet the 15~20% target and reduce Opex pressure? My organization is loaded with contractors with only a handful of full time employees.

“The President’s vision here is to bring in overseas workers who have the skills for three, five, or seven years to train US workers. Then they can go home, and U.S. workers will fully take over,” Bessent said.

Poetic justice for all the Americans forced to train their Indian replacements before being sent to the unemployment line.

RIFed US workers before H1B visa holders? Shouldn't the H1B workers be RIFed before a US citizen?

Mid-November layoff is already on going at the moment. They are planning to have about 13-16 technician per manager.

This is a step closer to replacing all the blue badge techs with green badges.

Rumored 750 cuts.

Couple of individuals were made redundant in the Czech Republic - most probably new rounds will start next week. Somebody was saying that there is an aim to reduce up to 10% of the workforce till the end of the year

Verizon retaining employees with H-1B visa status versus retaining US citizens. What gives? What is the US employment law statue?

Geico is reportedly planning to lay off around 20% of its workforce in January. According to employees, the company intends to label the affected group as “low performers,” with approximately 20% of employees in each department expected to be classified this way.

Great timing for the HOLIDAYS!

the layoff list is ready & waiting
it has been checked twice
yes ,,you & you & you.... are on that list
no greg is not on the list
& no the 75 vp's are not on the list
the list is coming to your location very soon

SBG and Collab will be hit a bit based on rumours

Please be mindful of colleagues in other groups who have not been notified yet.

Any one received thier severance payment from the recent RIFs?

Layoffs seem to be pretty random. Are they following any general criteria about who'll be laid off and who'll be spared?

Know someone in upper management. They say the Sofi will be moving 60% of jobs to India over the next year. Plans are already under way.

If layoffs happen it’s happening nov 20th or earlier.

Lists aren’t made last minute so your fate was sealed 20-30 days ago.

Initial estimates range from 15-30% depending on org but overall beverage to about 20%.

There’s likely a round 2 of layoffs early 2026.

The crisis manager article says there’s nothing to worry about - you know why?! Cause he’s a crisis manager. He’s probably on a list and has no idea lol

Lastly, these corporations you don’t hold any loyalty too. All that family talk is just bs. All those retirement emails thanking you for your service - bullsh-t. Make your money, make your connects, climb the ladder or hop to another. Do not take it personally.

Losing sleep and checking this board every 2 hours is not good for your mental state. Just get your affairs in order.

A lot of VPs, SVPs, and EVPs were given the notice. Just be thankful you weren’t one of those under heavy scrutiny. You have better odds as an underlying.

Good luck all - love you.

Decades of experience tossed aside. They could have been redeployed but Waters has decided that when a product is no longer wanted by the business then neither are the people involved.

Limited support will transfer to Brasov who will only be making sure UNIFI can continue to function in waters_connect, even though the backbone of waters_connect is UNIFI.

Bunch of roles eliminated in DDT and Operations today.

Veterans of 20+ years were let go

The layoffs, which were first reported by Crain’s New York, were disclosed in a filing with the New York State Department of Labor. In total, 660 employees are being laid off by Amazon across nine offices in New York City.

https://www.usatoday.com/story/money/2025/11/11/amazon-nyc-layoffs-restructuring-november-2025/87221740007/

What happens to protected classes during a RIF? Are any special considerations given?