Totally 3680 employees have to go, 73% are G12+, including 22 VPs, 72% LR will be done in US.
Posts mentioning hashtag #cuts
Below are all the posts — topics as well as replies — that mention the hashtag #cuts.
Mention #cuts in your post to continue the discussion!
UK&I cuts are back
A group of friends having been cut from GBS all self selecting, and one guy told me yesterday he’s been put into a pool for CR in GIS.
Layoff criteria
Do we know what it will be? I'm a relatively new hire, so I'm not sure if that puts me at higher risk. Is it last one in, first one out or performance based or something else entirely?
Work load increasing
VZI employees reduction and cost cutting is in peaks. A lot of work load been observed in every domain.
Some teams are consistently losing people to cuts while others are getting bonuses
Favoritism galore.
Most corrupt company ever
Zero consistency. Zero accountability. Zero integrity.
Right here in DFW, we have hundreds of managers working from home (I.e. Eric Smith team) or sitting in the office closest to their home; And non-market based staff managers spread out across the country working in their pajamas all day. (I.e. Korte org)
And how many managers with minimal skillsets are flying below the radar because their director doesn't want to give up headcount while seasoned managers with broad skillsets are being let go in other orgs.
Meanwhile managers that uprooted their families, moved to Dallas, adhered to RTO are being let go cuz they are the oldest in the team. YES IT IS HAPPENING! Most can't afford to forego the severance & fight it in court.
FU-K AT&T!
B-ms
The amount of money this company could save by getting rid of b-ms. Anyone see these people sitting in booths all day long and the old man walking in circles- VP by the way. Lets get rid of em and allocate the salary to deserving hard working employees!
SELL, SELL, SELL...... Yea.... that didnt happen
For so long this was the rumor. Meanwhile, nothing.
Berkeley Unified Cuts Support Staff Positions Due to Deficit
Twenty-one non-teaching positions remain on the Berkeley Unified layoff list. This figure represents a sharp decline from 351 initial notices. Nine after-school program coordinators are among those still facing cuts. The district is working to close a nearly $8 million budget deficit. Only support staff are affected, as teacher layoffs were avoided by other means.
Berkeley, California
https://www.berkeleyside.org/2026/05/12/berkeley-unified-budget-layoffs-after-school-coordinators
Why do we still need cuts?
Results seem to be great, so why are we still cutting people? If layoffs are happening while the numbers are good, it makes you wonder how bad things would get for employees if results actually started slipping.
TDSB Reduces Central Staff Amid Declining Enrollment
The Toronto District School Board announced hundreds of additional layoffs. These cuts follow previous job reductions last month. The layoffs target 218 central administrative staff positions. An additional 91 vacant positions will also be eliminated. The board cites declining enrollment and financial sustainability as reasons.
Toronto
https://toronto.citynews.ca/2026/05/11/hundreds-of-administrative-roles-cut-in-latest-round-of-tdsb-layoffs/
The wrong solution
The problem isn't that we have too many people. That was never the real issue. The problem is that our strategy is bad and our systems are broken and have been for some time. But instead of fixing those things, they just cut staff. And then they're surprised when nothing improves.
FSSA Decision Causes 90 Job Cuts at CICOA
CICOA Aging & In-Home Solutions announced a mass layoff affecting approximately 90 non-union employees. The Indianapolis-based non-profit cited recent changes by the Indiana Family and Social Services Administration (FSSA). FSSA decided not to continue CICOA as a case management provider. This decision resulted in a significant loss of government funding for the organization. The job losses are expected to be permanent, with layoffs finalized by July 31, 2026.
Indianapolis, Indiana
https://fox59.com/news/indynews/90-hoosier-jobs-cut-in-mass-layoff-at-indy-non-profit-employer-blames-indiana-fssa/
Walmart Reorg
Reorg/layoffs happening in the Finance area.
Berkley Tax Override Fails, Town Departments Cut Staff
Berkley voters overwhelmingly rejected a Proposition 2 1/2 override. The measure failed by a nearly five-to-one margin. This outcome triggers position eliminations across multiple town departments. Layoffs will impact schools, police, fire, highway, and Town Hall. Seven teachers and several other employees are among those affected.
Berkley, Massachusetts
https://www.tauntongazette.com/story/news/local/2026/05/11/berkley-election-override-defeated-layoffs-class-sizes/90028501007/
Is anybody else surprised there haven’t been more cuts already?
The way everything was announced before the whole thing started made it sound like people would be getting cut nonstop for months. That so far hasn't been the case. I’m definitely not complaining, I’m just surprised and wondering if something changed behind the scenes.
Topgolf Cuts Staff After Acquisition
Topgolf has announced layoffs affecting an unknown number of workers. The impact on Louisiana locations remains unclear. Reports suggest hundreds of employees were dismissed nationwide. This follows the company's acquisition by private equity firm Leonard Green. Departments like sales and operations were affected.
https://973thedawg.com/topgolf-layoffs-lafayette/
Who will most likely be affected in this upcoming layoff wave?
Idk if can be anyone or it’s a specific department or is it random?
Pandemic cuts
Fidelity pushed the non-tech to tech roles during the pandemic. Then finally someone realized it’s better to pay more for people who know what they’re doing.
Next cut will be managers who aren’t qualified and have been in their roles too long. Weak managers cost the firm too much, it’s not just one expense, but there’s a serious ripple effect.
Culture comes from the top down and when the top are filled with people that only have one brain cell, the rest of the company takes a hit.
How long before more layoffs
Anything on the horizon ? I presume after March that we are clear until October ?
I'm only doing the bare minimum
Call me lazy if you want, but I'm not the one who reaches for layoffs every time expenses need to come down. There are a hundred ways to save money that don't involve cutting people. They just don't want to do the work to find them. I'm just returning the favor.
So, now we wait?
We know cuts are coming, but we don’t know when or any real details beyond that. So now we get to sit around stressing and worrying for who knows how long. I’m sure that’s going to do wonders for everyone’s mental and physical health. I really hate what this place has become and the joke we have for leadership.
Knowing layoffs are coming, I have a million questions
Who makes the list? Is it based on performance, salary, tenure, or luck? Which departments are getting hit hardest? Are newer employees safer or more at risk? What's the real business reason behind this? They won't tell us anything, so we're all just guessing and panicking.
Has this been confirmed?
10% this year company wide. 5% in June and 5% in October to stay below the warn notice. Next year gets even better at 15%. Have fun everybody!
Is this true?
Sacramento District Reduces Staff, Nears State Takeover
Sacramento City Unified School District’s Board of Education voted to finalize 503 layoffs. The action addresses a $127 million financial gap. Many affected workers are classified, such as custodians and food service staff. Even with these cuts, the district faces potential state receivership to avoid insolvency. State officials warn that action is needed soon to prevent 5,000 employees from going unpaid.
Sacramento, CA
https://www.capradio.org/articles/2026/05/08/amidst-sacramento-city-unifieds-budget-crisis-503-employees-laid-off-and-receivership-looms/
Many of us won’t make it (In May)
May bloodbath is around the corner
Always be prepared
It really doesn't matter when the next round is going to happen. How many times have we already experienced layoffs being dropped on us without any communication or warning that they might happen? Leadership has proven to us many times over the past couple of years that they couldn't care less about their employees, and they've been treating us accordingly - as the first line of any cuts they might need at any given moment.
This isn't temporary
People keep saying the cuts are done or will end soon. I've been here long enough to know they won't. This is just how we operate now.
Layoff rumors
People are talking about cuts sometime later this month, does anybody here know more about it?
Layoffs starting May 15th
Now that Maverick has launched and it's start of first quarter, I heard from my director that ISG and CSG is supposed to get heavy cuts.
Garbage piling up
Incredible. Verizon cut office cleaning and garbage pickup to once a month. Yet paying half these upper mgrs over $200,000 plus a year.
Remember seeing one VP sending award emails monthly. Not bad. Half a mil to go rah rah.
Why do I have this annoying feeling there'll be more cuts next week?
Despite everything they say, I can't take it for granted that it's done.
Milestone Technologies to Cut 51 Henrico Positions
Milestone Technologies plans to lay off 51 employees. These layoffs will occur at its Henrico County facility. The company filed a WARN Act letter on April 29. Layoffs are due to the end of a client contract. Most affected workers are data center logistics associates.
Sandston, Virginia
https://virginiabusiness.com/milestone-technologies-to-lay-off-51-in-henrico/
July 2 off payroll?
Mid-week off payroll so they don't have to pay us for the holiday? Are they really that petty.
Layoff Counts
Any IT people here who can run a quick compare on number of people in the email directory before and after the cuts? I see number of posts claiming different numbers, execs are silent, instead of spreading rumors maybe we can try to figure out the real number. No, you may argue that the number is internal, but since you can legitimately buy (ZoomInfo, SalesGenie, RocketReach, Lusha, etc.) the entire email roster of pretty much any large US company this argument would not stand ground.
Stock Price
Early Jan stock was over $96. Down almost $20. One trick pony Charlie’s strategy of doing nothing but cutting run its course and now catching up to us