#cuts

In 2020, Bloomberg reported that Ben took home a total compensation of 6.74M dollars and NO BONUS.

In 2025 Reuters reported Wael’s pay starts at 11M dollars PLUS 9M bonus. For a sweet total of 20M for the same strategy of cut costs and layoffs.

I’ve been hearing this date mentioned frequently. Can anyone confirm?

What positions wil be the first to be cut in stores early next year ?

I’m hearing H.R. and asset protection? Is this true?

"We will be transparent with you and have announcements to make after the holidays": the only kind of news you would want to hold back in this context is layoffs, further leadership changes, or both.

More rifs announced effective 1/31/2026. This one is even bigger. Billing is losing like 60 to 75% of its employees

PepsiCo is reportedly preparing for job cuts, with layoffs potentially announced as soon as this week. A key indicator is the company's instruction for employees in some major North American offices, including its headquarters, to work from home. These potential changes follow a memorandum from PepsiCo outlining initiatives to enhance shareholder value, focusing on organic revenue growth, productivity savings, and improved operating margins. These strategic shifts are widely interpreted as a response to activist investor Elliott Investment Management's demands for cost reduction and operational efficiencies. While no official layoffs have been announced, PepsiCo executives have used the term "right-sizing the workforce," which often refers to job eliminations.

https://www.inc.com/fast-company-2/pepsi-layoffs-job-cuts-pepsico-right-size-workforce/91279159

Oshkosh Corporation to Lay Off 160 Plant Workers

Oshkosh Corporation plans to lay off employees. A total of 160 plant workers are set to be affected. The layoffs impact production areas at the Oregon Street plant in Oshkosh. The company reported a $52.8 million decline in third-quarter sales. Union leadership also cited the loss of a military contract and USPS truck production in South Carolina.

And no, AI will not save the day. Even if it could, why would any of us, actual human beings who need jobs, be happy about that?

Anyone surprised?

Amazon is laying off 370 employees at its European headquarters.

These cuts represent about 8.5 percent of the workforce at that location. The layoffs primarily affect software developers as AI increasingly handles coding tasks. Amazon cited "business needs and local strategies" as the reason for these adjustments. This move follows broader company-wide workforce reductions and a deeper embrace of AI.

Heard there is a major cut to the PMIC in SD. Is that true? Which teams?

The state Department of Labor reported potential layoffs affecting 832 employees at a school bus yard in Mount Vernon and 885 more in Brooklyn.
On October 20, Pride Transportation Services Inc. informed the state of its plans to permanently lay off 1,717 workers at the two sites by the end of October. The notice was made public on December 10.

https://westfaironline.com/courts/mount-vernon-bus-business-signaled-832-layoffs/

I have a sinking feeling that a big layoff is coming to Splunk.

Looking back, it seems that fewer people were cut this year compared to recent ones. Yes, there were layoffs, but not as many as last and previous years. Curious if others are seeing the same thing.

Seeing posts about great people being let go. Who were they? Were they actually good or just a friendly person? Looking for any themes for who gets cut

The estimate for 2025 is around 10K jobs cut in total. We can only assume WF will stay the course in 2026, or more likely, things will get even worse. Keep your resume updated and try to skill up in the meantime, though I’m not convinced skills even matter anymore, given how disproportionately WF has been letting go of skilled and competent people. Never take your eyes off job opportunities. The market is already tough, and it’s likely to get tougher.

We’re in for a rough ride, and we all need to think about ourselves and our families first. Every time you feel the urge to work more or harder, stop and think about better ways to use your time and energy. You can be jobless overnight anyway, and being a good worker bee won’t save you.

Title. Drop deets if you have any.

Discussing a 10% workforce reduction in non-client-facing departments.

• Whatever goes around comes around - "It's the kind of advice the firm might offer one of its clients, and comes after headcount exploded between 2012 (17,000) and today (40,000). " Enough said !!
• "The advisory model is dying - consultancies would increasingly need to underwrite outcomes rather than bill hours" .. Duh !
  https://www.bloomberg.com/news/articles/2025-12-15/mckinsey-executives-plot-job-cuts-in-slowdown-for-consulting-industry

I bet they shared this news when they did so they could get rid of a wave of rage-quitters before they hand out their “ever-so-gracious” 1k bonus in January. I know at the end of the year it’ll all even out, but it’s still such cr-p that our paychecks will be shorter on that first check, even with the bridge advance, due to the higher supplemental taxes.

Chubb plans to cut workforce massively thanks to automation. Is AIG going to follow? We have cut a lot already but automation isn't our cup of tea for now, let's be real. Can we compete in the market with our present level of costs? I wish good luck and happy Christmas to everyone, I hope 2026 will be ok.

Will you be on the naughty list ?

Every time we go thru these reorganization of markets and job, All they do is run lean and assign more work to their employees who are already overworked, stretched thin and under paid. They never give any more compensation for the extra work and when you call the speak up line, nothing ever gets done. What a joke this company has turned into. You want to cut the fat, Cut all the fat from Ram Krishnan and his entourage who spent hundreds of thousands dollars travel the world like he is running for president. He has done absolutely nothing good for the company!!!! I can think of past leaders who didn’t travel and had a bigger impact than this joker. We have to many layers of management in the facilities and nobody holds ANYBODY accountable. Cut the extra layers and have plant directors who hold people accountable and maybe we can get this company back to number one. Maybe if they actually talked to real people in The round table meetings and not their staged puppets, they would get real talk with real issues in the facilities. This used to be a great company and people carried but now it is a joke and we come just for a paycheck. Turn it around, get employee involvement and get us to actually care again and we can make it great.

That’s all we can hope for in the coming months, while they pick us off one by one. I’m not investing any extra time or effort anymore. Did it do any good for the people who were just laid off? No, of course not. Many of those who were cut were dedicated, believing that hard work pays off. It doesn’t.

In Budget 2025, the government outlined plans to eliminate thousands of jobs over the next few years. Ottawa plans to eliminate roughly 40,000 federal positions by 2028-29 as part of broader fiscal restructuring.

https://www.hcamag.com/ca/specialization/industrial-relations/ottawa-job-cuts-layoff-letters-starting-to-trickle-out-across-system/559849

Charter Communications, operating as Spectrum, is laying off 176 employees at its Portland, Maine call center as part of a strategic push for cost efficiencies and to embrace automation within the telecommunications industry.
Key points from the article:

• Number of Jobs Cut: 176 at the Portland, Maine call center.
• Reason: Strategic cost-cutting and a trend toward operational efficiency and automation across the telecom sector.
• Customer Impact: The company assures that the layoffs will not negatively impact customer service for Spectrum users in Maine, citing plans like rerouting calls and using automated solutions.
• Worker Support: Affected employees are reportedly offered relocation options and severance packages, with the Maine Department of Labor providing assistance like job placement services.
• Broader Context: This action reflects a wider industry trend of workforce reductions seen at other major telecom companies like Verizon and AT&T.
  Would you like more details on a specific section, such as the support offered to the affected workers or the industry-wide context?

Any cuts in away from home commercial org?

Or is that pending the GTM and supply chain stuff mentioned in the new release? If so that will happen end of next year?

After the last round of cuts, anyone who picks up all the extra slack is just setting themselves up for more trouble. I'm sticking strictly to my contracted hours and focusing on my core tasks. If our overall output drops, that's a direct reflection of the staffing decisions, not our effort. It's the only way management might actually see the problem they created.

The Pajaro Valley Unified School District Board of Trustees voted to approve nearly 160 staff layoffs in a hectic meeting Thursday that ended just before midnight.

https://www.santacruzsentinel.com/2025/12/12/pajaro-valley-school-board-approves-nearly-160-staff-cuts-in-tense-marathon-meeting/

The regular drumbeat of cuts has had a damaging impact on morale as staff become accustomed to the ever-present threat of losing their jobs, sources said. Co-workers regularly vanished from Slack without much, if any, explanation, sources said, with staff often only finding out when former colleagues post about being let go on LinkedIn. Shopify did not respond to a request for comment.

https://thelogic.co/news/exclusive/shopify-layoffs-morale/

475 employees will be gone in early 2026, but could get jobs elsewhere.

Two other plants are also closing. LA Plant to remain open.

They pushed all debt to 2029 push br all while paying themselves millions.They will start firing employees once investors start getting pissy but won't lower there salary. What happens when you hire a hillbilly CEO who sounds low IQ.

Per a friend who works there , the CEO shared this week at an employee all hands that T-Mobile employees can expect a big layoff in Q1. No number given but rumor is that it will be a 30% reduction.

If you are looking for something new, maybe avoid T-Mobile.

Ho ho ho!!!
Rumor is they'll cut deep, hard and fast in the failing Model E segment

Any views on what sku to be cut? Retail and foodservice or just one? The 20% in the announcement?

Paired with Quaker sell off counts as those sku out?

Half our team is gone, and somehow we’re supposed to keep everything running like nothing changed. I genuinely don’t understand how leadership thinks the same workload is going to get done with half the people. There’s no plan, no adjustment, nothing. How's this supposed to work?

Been hearing 12/24 as another possible LAYOFF date. Just wanted to make sure you all were aware. Got the news from my reliable source today, citing increasing market turmoil and the crash that is about to start.

Good luck everyone!

Hundreds of layoffs are hitting Chicago’s suburbs. S&S Activewear is letting go of 195 employees, APL Logistics is cutting 230, and 10 Roads Express is dropping 55 workers - adding up to almost 700 layoffs across Illinois.

https://www.nbcchicago.com/news/local/hundreds-of-layoffs-announced-at-suburban-companies-in-recent-days/3861448/

Any word on cuts in the new year in 2026? Some job functions are starting to integrate AI to reduce headcount. Repetitive functions are being streamlined by AI. This is occurring from roles from accounts receivable, payable, payroll, service desk analyst, desktop analyst and more.

Some say because CNRL has a history of not cutting it won’t occur in one shot. Rather they will initially try to focus cuts on attrition (not hiring for those who retire, quit or go on disability leave). CNRL has been historically slow to take any strategy moves. With the changing economy and tariffs we will have no choice to pivot. Other industries have seen and continue to see job cuts due to AI. It’s only a matter of time before the impact is seen here.

Hold off on those expensive summer vacation to France, Germany or other places like some did in 2025. We are in for a rough ride ahead. Believe it or not AI is coming for our jobs even here at CNRL, it’s just a matter of time.