Rumors circulating within N&T suggest another round of layoffs could be coming as soon as November 19, 2026. According to the rumors in the office, contractors are not currently expected to be affected.
The reasoning seems familiar: embrace AI, reduce costs, and improve shareholder value. Meanwhile, employees are left wondering whether their jobs will survive the next round of cuts.
There are also rumors of another round of workforce reductions beginning in Q1 2027.
At this point, it feels like an endless cycle of layoffs, with employees left wondering when the next round will come. What a wonderful holiday gift for the workforce. Unfortunately, for those who have to endure this uncertainty year after year, the constant stress, anxiety, and declining morale are becoming increasingly difficult to ignore.
Employee morale across the company seems to be at an all-time low. It's hard to stay motivated and focused on customers when the threat of another round of cuts is always hanging over your head.
We are at the constant threat of layoffs, it takes its toll. Morale, trust, and job security continue to deteriorate, and it's getting harder to see how this approach benefits anyone beyond the shareholders.