#cuts

2026 looks to be another horrible year. 5 states removing soda from snap benefits, and more to come. Have you heard a plan to make that up, because I have not. No plan, no results, more layoffs.

How’s it feel seeing in print our median employee pay went up 1% while Geoff jumped 16% and is the highest paid ceo in med tech?

Over a quarter if a million of personal use of the corporate jet while we get turned down for legitimate business travel between facilities.

Not to mention seeing greg smith get almost $9m to leave ops in total shambles…..

Happy new year, I guess, to us.

We're already covering two or three jobs each. What's the plan? Do they expect the remaining few to do four or five people's work until everyone burns out? What happens then?

After so many rounds of cuts, good people leaving on their own, and a hiring freeze for ages, who is even left to lay off? The teams are already skeletal, and morale is nonexistent, to put it mildly. The next logical step shouldn't be just more layoffs, but questioning if the company can even function with the people who remain.

Yes, more layoffs are coming but not before new year... all signs point to January/February time frame. Its about time they do something about our decline! They should have leaned out a while back but didn't want to pay out people's packages so instead they tried to push people out or change people's job to create a scenario that would allow them to let people go without a cause.

Bumping this for info, the OP is @10d+1kbqefsjs.

What areas and based on what (ratings/tenure/$ salaries) will cuts happen in 26 as part of Janes final sol.

The technology sector has entered a defining era of “The Great Recalibration” in 2025. While the total volume is slightly lower than the 2024 peak, the nature of these cuts is far more strategic.

https://www.sightsinplus.com/news/layoffs/tech-giants-google-amazon-and-others-layoff-120000-in-2025

How soon can we expect to see the first layoff of the year? January? February?

Start of fiscal year soon.

Will there be cuts?

Did anyone else notice how much smaller the end of yesr bonuses were?

Keep hearing tunors of AML/ Finananciao crimes cuts in 26

The Alabama layoffs are part of a broader workforce reduction at UPS, which announced in October that it had cut 48,000 jobs nationwide across its management and operations divisions, as the company works to streamline costs.

https://www.montgomeryadvertiser.com/story/news/2025/12/26/why-is-ups-cutting-128-jobs-in-al-when-will-ups-layoffs-in-al-begin/87918985007/

In the last several years alone, we've had nearly a dozen rounds of layoffs and constant team shuffles. They took away stock options for most employees, cut a ton of benefits, and bonuses are a joke. At what point do you just admit the writing is on the wall? It feels like we're all just waiting for the next bad news to drop.

2025 in review: Headcount on the slide
Thousands more jobs disappeared from telco and vendor workforces in 2025 as company bosses blamed AI for cuts.
https://www.lightreading.com/ai-machine-learning/2025-in-review-headcount-on-the-slide

I was scheduled for mandatory Compliance Training a few weeks back. Earlier this week, it was cancelled from My Learning. Am i reading too much into it? With the upcoming, ongoing cuts, i cant help but wonder if I was put on the list. Thoughts?

What does your intuition tell you about how the firm will do in 2026? More layoffs? Higher stock price? Any changes at the C-suite level? Asking for a friend who is trying to decide whether to fire WF and how soon.

Schools have already been notified of how much they will have to cut from their budgets. The cuts will go into effect starting in August.

LAUSD officials in June had predicted a $1.6 billion deficit for the 2027-28 school year. But an updated version of the budget approved by the board last week eliminates the deficit by using reserve funds plus cost-cutting measures over the next two years.

https://www.the74million.org/article/layoffs-cuts-and-closures-are-coming-to-lausd-schools-as-district-confronts-budget-shortfalls/

It boggles the mind that anyone would expect me to do anything other than twiddle my thumbs until my last day in the office. What are they going to do? Lay me off? LOL.

Some staff at the Department of Veterans Affairs are finding little to be merry about after the agency said it would eliminate tens of thousands of open, unfilled positions across the country as it looks to streamline its staffing.

https://www.aol.com/articles/hard-merry-va-workers-brace-161711484.html

What are some of the signs you saw that you will be laid off soon.

The Tyson beef plant/facility closes on January 20, 2026 in Lexington Nebraska town of 11k. This is per AP.

Not cool. Let that sink in!

Happy holidays…not.

Layoffs resume 1/6/26.

My bonus was negligible compared to what it could’ve been. The primary reason was “limited impact”. This comes as a shock. I can only guess they hoping I voluntarily leave so they don’t have to pay severance.

What companies will letting go of employees the first quarter of 2026?

Inquiring minds want to know.

January layoffs will be massive. Especially in GD where expected cuts in workforce will be between 20 to 30% from each teams. Mostly ranging from A2 to AVP level.

https://arizonadigitalfreepress.com/wells-fargo-expects-more-job-cuts-will-roll-out-ai-gradually-in-2026/

I am close to retirement, but constant cuts have made every day feel uncertain. I can’t believe that the final years of my career will be constant stress and anxiety about cuts. Getting through that will be harder than it should, but there ain’t much I can do about it.

Knowing the management excellence and expedience, and the fact that there was no real plan beyond merciless cuts, who knows how long it will take for the dust to settle and for there to be even a semblance of an organized workflow. My team is already feeling the pain, and it’s only going to get worse in the coming months. We were stretched thin to begin with. It certainly didn’t help that they somehow managed to get rid of the very people who actually knew what they were doing.

FuelCell Energy Sees Revenue Increase, Cuts Staff

FuelCell Energy announced increased revenue for its fourth quarter. Quarterly revenue rose 12% to $55 million. The company also disclosed significant workforce reductions. The workforce was cut by approximately 28%, totaling 424 employees. These measures aim to reduce costs and focus on core technology. Loc: Danbury, Connecticut

https://hartfordbusiness.com/article/fuelcell-energy-posts-4q-revenue-growth-details-restructuring-and-layoffs-in-annual-report/

Red Lobster is laying off less than 200 restaurant-level employees in an effort to streamline operations and set it up for long-term growth.

The “targeted” cuts represent less than 1% of its workforce, the company said in a statement to Restaurant Business.

https://www.restaurantbusinessonline.com/workforce/red-lobster-lays-about-200-restaurant-employees

This is about the time LPL announces their annual holiday round of layoffs…

Anyone cut today !

Asked my manager as a follow op with the 401k going down and what other total compensation costs there are projected to be in 2026. She was surprised that barely any people were asking about that, granted the area I work in is basically all women of the older demographic. Do a lot of the people just not care with all these cut’s happening?

A round focused on middle management and across the organization.

Srini/CEO did imply things would settle down by March, 2026.

This sounds a lot like a Verizon cutbacks which are contributing to this current trend. November and December cuts will likely be no better.

Job cuts surge in worst October layoffs in 22 years.

Nov. 10, 2025, 12:47 p.m. ET

Propelled by cost cutting and the growing adoption of artificial intelligence, employers slashed more than 150,000 jobs in October, the largest wave of layoffs in more than 20 years, a report from Challenger, Gray & Christmas said Thursday, Nov. 6.

Seeking to cut costs, technology companies shed the most jobs, followed by the retail and services sectors, the outplacement firm found. Amazon, UPS, Microsoft and other firms have recently announced layoffs.

In what could be another sign of a softening labor market, October layoffs jumped 175% from a year ago to 153,074, the highest level since 2003, Challenger, Gray & Christmas said.

"Some industries are correcting after the hiring bo-m of the pandemic, but this comes as AI adoption, softening consumer and corporate spending, and rising costs drive belt-tightening and hiring freezes," Andy Challenger, chief revenue officer for Challenger, Gray & Christmas, said in a statement. "Those laid off now are finding it harder to quickly secure new roles, which could further loosen the labor market."

Job cuts so far this year have soared to more than 1 million, a 65% increase from last year at this time, driven by what Challenger, Gray & Christmas called the "DOGE Impact" – mass reductions to the federal workforce and government contractors as well as the loss of federal funding to private and nonprofit entities.

Year-to-date layoffs have reached their highest level since 2020, when there were more than 2 million job cuts through October. This has been the worst year for announced layoffs since 2009, Challenger, Gray & Christmas said.

Challenger, Gray & Christmas said it was surprising to see such a large wave of cutbacks in the fourth quarter, when firms typically shy away from announcing layoffs.

What’s more, more companies announced job cuts in October, Challenger, Gray & Christmas said. The outplacement firm tracked 450 plans to cut jobs, up from less than 400 in September. That tops March, which saw the largest number of job cut announcements at about 350.

"At a time when job creation is at its lowest point in years, the optics of announcing layoffs in the fourth quarter are particularly unfavorable," Andy Challenger said.

With official data gathering suspended during the government shutdown, investors are paying close attention to data from private sources like Challenger, Gray & Christmas to understand what is happening in the labor market.

Federal Reserve officials have expressed concern about the job market and the central bank has lowered its benchmark interest rate twice since September. The move brought the Fed’s benchmark interest rate down to a range of 3.75% to 4%. Some economists think another cut could come at the Fed’s December meeting, though Federal Reserve Chair Jerome Powell has said a third straight reduction is not guaranteed.

Labor market watchers downplayed the Challenger, Gray & Christmas report, saying the firm has historically been a "poor predictor of future labor market conditions."

"But against the backdrop of a low-hire labor market this bout of corporate job-cutting does represent a bigger labor risk then the 2022 tech layoffs, when these workers were quickly scooped up by other industries," Vanguard said in a statement. "However, we ultimately expect that persistent labor supply constraints over the next three years will help offset the unemployment impact of cyclical and technological pressures."

https://www.usatoday.com/story/money/2025/11/06/october-job-cuts-surge-worst-layoffs/87127775007/

Was presented with a red folder and escorted off North Belt Campus this morning. I worked as an advisor in Technology for many years. Sadly, I knew this was coming. Projects for next year have been frozen. I've been battling to get approvals just to order a few $ worth of parts for the project. Pretty sure more people will disappear. I now understand some other post saying that Winter is coming. Thank you for the Xmas gift HAL! Best of luck to y'all.

For those that have to go to hubs, I’m curious to know what exactly is on that email sent to remote folks today? Are you getting a reduction in salary? Is that even legal?

Everyone's got their own experience and everyone's heard different things, but our union rep told us that Mastec has been pretty good at communicating (much better than Optimum when we organized), and that "Mastec is more union friendly than Optimum" so "it might actually work out better for you guys"

Apparently IBEW has a few contracts with Mastec already.

Anyone else's union reps say anything similar?

Yeah, grain of salt, but also it's a low f-ing bar to be more union friendly than Optimum.

On the other hand, CEOs and execs make millions by eliminating entire departments, and nobody does a GD thing about it, so what can we really expect?

none of this would have happened in the first place. I’ve been here for more than ten years, and every round of cuts, reorgs, or leadership changes I’ve witnessed has been about shedding competence while retaining or promoting failure. There have been exceptions, but they are so rare they only prove the rule. When that’s how decisions are made all the way to the top, even major bloodletting is not going to produce the outcomes leadership desires.