#layoff

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The grass is greener…

So I am still bitter about my time at USB Business Banking. I was recruited away from my previous employer, a solid place, to work on the Greatest Product Ever Imagined - Business Essentials!! Told the opportunities here were endless! Well wouldn’t you know that after almost 2 years I was part of a RIF…BE was released so why did they need me or most of the others on my team?? (50’s, white woman, everyone left on my team India , but I digress). I’m still pi---d that I was lied to and basically lured away with lies only to be laid off right before Christmas.
I used my network and landed a role before my severance ended, and I was not sad I was laid off. I was pi---d. Anyway, I’m still at that new job, it’s not with a big bank but is in finance, fully remote, and it’s solid and stable.

I guess my point is my bitterness lingers, but after reading about the cr-p you all are enduring here, I’m so glad I was laid off. Despite what you see about the market, there are opportunities! They may be with small, unknown businesses, but they’re out there. Nurture your network. It’s how I landed my new position and I’m convinced it’s how I will land in any future positions.

Sometimes, the grass is greener.


Hiring frees? Silent departures.

Rumor is there is a hiring freeze. That makes sense with the state of the business, but I’ve seen 20+ people leave and mostly not get replaced. Just in the past 3 months.. In the few instances they have, the backfills old role remains open and the backfill is doing multiple jobs.

The vast majority that I have seen leave are actually good at what they do. Every one that I spoke to also confirmed they were getting paid much more at their new jobs outside the company. They have silently departed.

My boss is always nice and supportive, but I can tell that he is nervous too. He was very professional when I asked him about but said “at Pepsi, you always have to see the focus trends early and be prepared for layoffs at any time.” He’s been here 15+ years and knows his stuff, but I can tell it’s is really wearing on him lately.

What I need to remind myself is to start looking for another job now. Those 20 people were senior levels to me and good. That is a sign of how employees are being valued. The smart people figured this out before me.


I am done

Layoff , you might be next, no hikes , no promotions, manager politics
I am getting too tired. I will be leaving soon even if O doesn’t give me a slip.


30 days notice?

Has anyone VP or above refused to give the ridiculous 30 days notice and leave in 2 or “effective immediately.” I’m strongly considering giving 2 middle fingers to these id--ts and just turning my equipment in. Curious as to what the firm can actually do to retaliate other than maybe put on the do not rehire list.


I wonder how HR feels about all this

A few months ago I was talking to a recruiter about coming back to Fidelity after I got laid off. When I spoke to them, they said something like "it's a huge relief I don't have to explain that whole connect week thing to you compared to other people I call". They also said "yeah... it's gonna be an experiment".

From the outside looking in, you can tell a lot of these people in HR have opinions on what's going on that they don't want to be outward about. Anti bootlicking opinions. Or at least that's what I see. They hate the new laws of the land, they're just the ones that have to enforce them.

So, if you're in HR, if you feel comfortable sharing, what do you think about all this?


Every capped H1B should have to reinterview against Americans yearly

We really need to address Oracles abuse of H1B. They lay off Americans and then hire more H1Bs at the same time. There should be a requirement for capped H1Bs to have to interview for the job with a group of qualified Americans yearly. This way we can prove the H1B is needed over an American. Especially at Oracle. I guarantee the H1B wont' be needed because we have a qualified American for the job.


Ringling Bros. Barnum & Bailey Circus Part Trois

We are back baby !!

The Third Digital Transformation is under way. Here are some sights, sounds, & scenes on the way courtesy of the Layoff’s TIAA site:

By July 2025
the overall Accenture/TIAA recordkeeping performance scorecard was flashing red due to missed milestones and other failings.

In September 2025, the TIAA Board was finally made aware of the critical problems with the TIAA/Accenture Recordkeeping partnership.

Let the greatest show on earth begin !


Chief Commercial Officer

In December, CW was exited and the role was eliminated by Hill stating it was to remove layers.

Today, role is reinstated and offered to JE from Walmart and is now considered a vital role and critical to the strategy.

Optically speaking, this is horrible. Leadership never beating the allegations that they are just throwing sh-t at the wall and seeing what sticks.

EH proving he isn’t the guy and must now make moves to set up his backfill.


Layoffs…

If there are layoffs it seems the pattern is that they occur in September or October. Always right before the holiday season.


End the Visa programs- H1B

Microsoft fired 16,000 Americans and then turned around and hired 9,000 workers under H-1B.

Disney fired 250 employees… [and] had those 250 American employees train their replacements under H-1B.

Same with Ford, GM and Chrysler .
We have Americans that are skilled in all these different areas.


The LinkedIn job scam

These are growing in number, so I just thought to warn other people who're as desperate to leave as I am. Be careful of recruiters reaching out on LinkedIn, and if a job looks too good, it probably is. Check the name, the phone number, and the company. Sadly, times like these attract many predators.


Huron Consulting Group Concluding Soon

From the ITS newsletter: "The Future Platform Evaluation initiative, led in partnership with Huron Consulting Group, will conclude in early September with recommendations and a high-level roadmap for our future direction. This effort has been shaped through close collaboration between ITS leaders and partners from across SNHU and will provide an important foundation for future decision-making."

Anyone else worried that layoffs are coming?


More Layoffs On the Way & Here’s Why

This Fall, TIAA & many U.S. employers and workers are being squeezed by the steepest run-up in health insurance costs in years, with average family premiums nearing $26,993 in 2026 and pressure building for even sharper increases in 2027. Nearly 300 insurers offering offering health coverage to medium to larger businesses reported a median proposed premium increase of 14% for 2027, according to an analysis of preliminary rate filings from all 50 states and DC. according to a recent KFF survey. TIAA will be forced to ship more jobs offshore to India, The Philippines & Nepal.


More Layoffs On the Way & Here’s Why

TIAA, along with many larger U.S. based employers and workers are being squeezed by the steepest run-up in health insurance costs in years, with average family premiums nearing $26,993 in 2026 and pressure building for even sharper increases in 2027. Nearly 300 insurers offering offering health coverage to medium to larger businesses reported a median proposed premium increase of 14% for 2027, according to an analysis of preliminary rate filings from all 50 states and DC. according to a recent KFF survey. TIAA has no choice to cut more, higher younger workers, and offshore more jobs to India, Philippines, & Nepal.


Sudden layoff

They suddenly deactivated my account without anyone warning me. I was working on an important project and have a delivery next month. I know there are various layoffs happening in Europe, but usually they warn you before canceling your account. Has this happened to anyone else here? I don't understand if it's a mistake or a layoff.