#headcount

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1% of global workforce cut. Does global workforce include contractors? VZ parsing meanings?

Google says vz has 89,900 employees. The count of contractors is not available. Could contractors be included in the "total" global workforce count (as referenced in several new stories about the firings)? The number of fulltime employees is 89,900 (per Google). The count of contractors could be 10K, 50K, 100K....


Verizon layoffs 2026: hundreds more jobs cut nationwide

Verizon layoffs 2026: hundreds more jobs cut nationwide [ Yahoo Finance ].
Colleen Cabili
Thu, May 7, 2026 at 3:03 PM EDT

About six months after eliminating more than 13,000 positions in its largest-ever single round of layoffs, Verizon has confirmed a new wave of cuts totaling several hundred jobs across the country.

Without offering a precise figure, Verizon characterized the scope as under 1% of its global workforce, Business Insider reported. Smaller business units bear the brunt of the reductions, with Verizon's Basking Ridge, New Jersey campus seeing the heaviest impact.

"We're continuing to add head count to grow parts of the business that are growing while making targeted job reductions to portions of the business where this is needed," a Verizon spokesperson said in a statement.

At a time when many employers have pointed to AI as a rationale for headcount reductions, Verizon explicitly ruled out the technology as a factor in these cuts. Workers who lose their jobs can pursue any of the more than 1,000 U.S. roles currently listed on the company's careers page.

On last week's earnings call, CFO Anthony Skiadas described the company as operating with a leaner structure since the prior year's cuts and signaled that efficiency efforts would extend past 2026. During the same call, CEO Dan Schulman highlighted AI's growing footprint at Verizon, pointing to reductions in vendor support costs of up to 70% and a 40% gain in software code output.

When announcing the November 2024 cuts, Schulman characterized the scope as company-wide and said the savings would be redirected toward improving the customer experience.

https://finance.yahoo.com/markets/stocks/articles/verizon-layoffs-2026-hundreds-more-190352303.html


Silicon Valley downsizing points to a new era of work

Tech giants are currently prioritizing efficiency. Meta and Amazon executives frequently mentioned efficiency during recent earnings calls. Microsoft's top finance executive confirmed a planned headcount decline this year. The company aims to increase its pace and agility. This move signals a broader focus on leaner operations within the tech sector.

https://www.washingtonpost.com/technology/2026/05/01/ai-jobs-tech-layoffs-austerity/


We are stretched way too thin

There is simply not enough people for the amount of work they keep piling on. Everyone is running on empty. Instead of always pouring profits back to investors, maybe put some of that back into headcount and the employees who are actually keeping things moving. It would go a long way.


Team match related

I know this is a layoff related forum but this is like the only way to know about how the inside works...
How does team matching(Software Engineering) work once you got a verbal offer from the recruiter? It's been almost a month and HR/Recruiter haven't schedule a single meeting for me.
Does anyone know how many candidates are in the talent pool and how many headcounts are out there?


Intel justifiable HC - 20K design team, 40K manufacturing

My former undergrad mate went to Wharton (MBA finance), entered the industry and was mentored by the likes of Dan Niles. His view on justifiable Head Count for Intel Inc.

Design team = 20,000
Manufacturing = 40,000
Total = 60,000

He called it out right. What do you think. Tag HR and the powers to be.


26 March EMEA Layoffs - enough with the speculation!

most countries in EMEA need a month AT THE VERY LEAST before any sort of decisions on headcount can be made. considering that we got informed of consultations with works councils starting just LAST WEEK that doesn't complete the timeframe. stop spreading lies and misinformation and clearly LABEL YOUR POSTS (US / EMEA).


Corporate Riffs Again?

Last year during March 19th they had layoffs of corporate employees, tech was hit the hardest. That was due to a series of decisions they made during a leadership offsite. Similar pattern this year (late Feb) they had a leadership offsite. From what I had exposure to they are finalizing headcount and growth, but also eliminating anything that isn't a priority for 2026/2027 (even if it's needed to manage Wayfair ops and technology). This all depends on how well your L6/L7 told your STO story.

Something is coming but I not sure about the scale or when. This could be a series of small restructures or a wider riff. I suspect March 16 to 30th we'll hear something. Please share anything you know to support your peers.


Moving headcount into SG&A hurts the long-term outlook

More and more orgs are rolling LATAM and APAC headcount directly into their SG&A. This allows for a more favorable SG&A as a % of sales when sales don’t increase. The expectation is everyone is global and the jobs can be done anywhere. However, these types of moves tend to be short-sighted and create operational execution deficiencies later. This reeks of a short term CEO chasing stock price gains and a near-term exit. It also hurts the long-term outlook of 3M staying together. It is already just 3M-in-name-only

I was looking for Germany updates and came across this post. Figured I'd bump it so it doesn't get buried in replies. OP: @dp+1kjbhbg8a


Head of product owners

There's a job listing for a Head of product owners posted recently. And a few others posted suggest mm is moving away from building fun things and more of "we need someone to police what's going on". With the publicly release financial report of "record breaking earnings" (not how I would title it) the job listing mentions "optimizing cost efficiency". It suggests this person when hired will be expected to achieve "more with less" by using automation to replace manual headcount! Whomever has this role will have to deal with a lot of legacy product owners who don't think they need another person telling them what to do. IYKYK


Bad Earnings Call - Buckle Up

My takeaways - our fearless CEO is just fine if a lot of us quite due to frustration. Major headcount and locations closures coming - call "location optimization" on the call

Leadership seemed to be working overtime to put any negative outcomes on legacy MRC business and the bulk of the positives on the DNOW side


We have now dropped to 58,000 regular employees at the end of 2025

Year Regular Employees At End of Year
1999 123,000
2000 99,600
2001 97,900
2002 92,500
2003 88,300
2004 85,900
2005 83,700
2006 82,100
2007 80,800
2008 79,900
2009 80,700
2010 83,600
2011 82,100
2012 76,900
2013 75,000
2014 75,300
2015 73,500
2016 71,100
2017 69,600
2018 71,000
2019 74,900
2020 72,000
2021 63,000
2022 62,300
2023 61,500
2024 60,900
2025 58,000


This is the first time in a LONG time where nobody is talking about layoff rumors...

Which is interesting...

Considering the fact that there are typically a LOT of layoff "rumors" in this forum fairly consistently. Especially in the August/September and February times when dell has historically laid off large bulks of folks.

Yes, they layoff year round but we all know that already. I'm sure some orgs/groups are or have been hit but at a far smaller scale than typical - at least this time of year anyways.

I have to wonder if they have finally hit their "headcount" number and the large layoffs are finally done...

Or, maybe because Project Maveric is failing and was pushed back a quarter - which 100% will be pushed back again LOL

Or, maybe because Project Casino is argueably MORE important than maverick... Casino is not NDA but trust me, it's IMPO is far more vital than Maverick. Maverick is important but I think they are realizing that it's already failing lol...

Or, is it because the stock market is doing well or stock prices are better? idfk

It's just interesting how nobody is reporting in about layoffs right now.