#cuts

For himself and the people behind the curtains. The goal is to strip this thing down to bare minimum costs, maintain a revenue stream and healthy cash flow and dump it off private equity style. He most certainly doesn't work for shareholder or the stock price. The men behind the curtains pull his strings.

Many skilled and hard workers from Montreal were let go today. Very sad to see jobs moving to India.

You heard it here first. The next layoff for Management and Bargained employees is going to cut deep. Organizations and groups typically not impacted are going to see a significant (30%) reduction in force. This year will also be significant focus on 3rd and 4th levels.

Ok now that round 1 of layoffs have taken place, what does anyone know about round 2? I’m sure we all are smart enough to know there’s multiple rounds and a list.

Today Steve will announce he plans to return profits to Obama care in 2026. Flood your congressman with your thoughts as they should ask him where he obtained all that money. Makes sense why no one getting a descent raise, a bonus or why he decreased the 401 k match and the uptick in layoffs. He got to impress some congressman and throw them a bone.

Here it goes again for this company. Layoffs have happened this past week. They say never again and here we go again. More to come in these next six months. That lie about it not happening and it happened.

Train wreck in every org coming. We struggle to manage operations with current staffing, and no way in he!! will HIH provide % of 1% support to keep lights on, nevermind manage strategy. All those on the 20 to 25% cut list, remember you followed their lead, they created the mess...I hope they bought stock in the mops they will need to clean up the slop on the floors.

3% of workforce

Just heard through the grapevine, Friday retail will be hit! Can anyone confirm? May God Bless anyone and everyone affected!

So what is your guess, is this gonna happen and how big it will be?

Managers in design centre are prepping for job cuts. Design usually runs lean, and misses the cuts happening in the rest of the company. If this is correct, GM is in trouble. Design has been told in the past that if studios are cutting there are issues coming.

Today is a really sad day. Losing such talented and hardworking colleagues hurts deeply. You all made a real impact and this doesn’t define your worth. Wishing you strength and success as you begin the next chapter of your life

Heard this morning that a lot of scrum masters were set free with immediate effect (contractors).

Some are given time to find new role within fidelity till end of March.

Any other BU getting impacted?

Hearing multiple people cut across the nation.

Whats your count?

Yesterday in Poland, the company was giving away old branded swag, furniture with company colors, and even coat hangers. It made me wonder whether this is connected to an upcoming rebrand.

At the same time, it feels a bit strange - even wasteful - considering how weak the company’s situation currently is, especially when our VCP bonus won’t even be paid out in full.

Curious if others have heard anything or have thoughts on this.

Comment your org when you get the axe (not the email/meeting invite) - let’s keep track here so we know the extent of the damage.

Thousands of layoffs at Tyson Foods plants take effect Tuesday. Nearly 5,000 employees will lose their jobs in Texas and Nebraska. The Amarillo, Texas plant will cut 1,761 b-shift operations positions. The Lexington, Nebraska beef processing plant will close, displacing 3,212 workers. These actions are expected to reduce the country's beef processing by 7-9%.

https://www.5newsonline.com/article/money/business/tysons-mass-layoffs-tuesday-nebraska-texas/527-77817234-22ac-4b70-8f3e-8230fa8b2670

Heard 20%-30% cut this week to newly merged North Area for Network Ops/Eng. Can someone confirm????

anyone think there will be big cuts in marketing in HQ? Anyone hear anything?

Didn't hear about any cut in Jan and also given that had huge cut in 2025

Just wondering if anyone has any intel on exactly when the upcoming layoffs will occur?

Based on Jane’s recent announcement that the bar will be raised and “we will not be graded on effort”, will Citi be taking a Goldman approaching and simply cutting the lowest performers?

It’s hard to believe that memo can be released and still let go of workers with 1’s and 2’s for ratings….

The date for the first quarter layoffs is set to the first Monday in February. It’s going to be a bloodbath.
Good luck everyone

Why does everyone hate the Union and its employees?? You all will finally get your wish for union layoffs to be fired in the next round of cuts!!

Not heard much internally on how we are doing. April is looming, what’s the chances of more cuts. I’ve updated my cv but not many bites so far in the uk

Too much fat

Don’t know the full scope but it appears to be pretty significant. Lots of senior folks included in the cuts.

How are we supposed to survive this?

Major layoffs at Alameda Health System have caused disarray. The system cut 247 employees, roughly four percent of its staff. These cuts are attributed to federal Medicaid funding reductions. Staff report overflowing trash and delayed lab tests due to the changes. Many doctors and nurses urge the board to halt the reductions.

https://www.sfchronicle.com/health/article/alameda-health-system-hospital-layoff-21297646.php

Has anyone heard if they are taking away company cars? If so who does this affect? What levels?

Wondering how many field ops and switch ops will be cut. more and more work to pile on those who remain.

Is the culling over??

Here’s a breakdown by region and area. These numbers have been verified.

All regions combined

ICs: 43 will be let go

Managers (including senior managers): 5

Per area

ICs: 10–12, depending on the area

Managers: 2 per area
To reduce costs, all senior managers in each area will be let go as their responsibilities can be handled by managers at a lower cost.

Seems like another way to combine and cut eventually

I know there’s a lot of noise with the outage but anybody catch that last call where Liane Lanier was selling us on indirect locations?

Did anyone else leave yesterday’s East call feeling patronized and frustrated? It felt less like a strategic update and more like an attempt to gaslight the entire organization into believing agent locations are outperforming corporate stores.
We are being fed "metrics" that supposedly show agent stores winning in customer experience, yet those of us on the ground know the reality doesn't match the slides. If this move is strictly a cost-cutting measure, then have the professional courage to say that. Instead, we got "glamorous" hosting, skits, and tired slogans while our actual reality is being ignored.
The most insulting part? While leadership plays around with "hustle" acronyms, those same "devoted" agents are already telling our teams which corporate stores they’ll be taking over in the coming months.
We are out here working our hardest for this company, but it’s impossible to have "heart" for a leadership team that chooses performances and made-up metrics over transparency and respect. The act is getting old. It’s time to stop the show and start paying attention to what your teams are actually going through.

10,000 getting cut
Was just told at 3pm today 1/15 access is getting cut off for 10,000 people at T-Mobile who are all part of a mass layoff. Not sure how accurate 10,000 is but I know for a fact my ex-wife is part of this.

They are chopping bodies today folks!!!