#layoff

If you think they would make a mistake like that and that you’d somehow know upfront that you were going to be terminated ,you’re crazy. Do you really think they would make an error like this ? they've been doing it for years

having the OIM account added DOES NOT mean you’re on a list. You may still end up being laid off, but it’s not because of the OIM account.

stress is making us seeing the worst in everything ..

Even if they layoff 15% of the company 85% will still have jobs. The big problem is that they keep doing it. If the end state is to be under 90K as someone posted earlier than this will happen 3-4 more times by 2028.

Just found out a few people that I work with from Pittsburgh were let go( cash team) This is crazy!!!!!

More lay offs coming from commercial plans exiting

Also, HR: you're fired!

I know my manager is an id--t but what kind of a heartless monster do you have to be to schedule a 1:1 titled update with somebody on a layoff day??? Related to something that isn't even all that urgent? I'm so, so angry now I can't even think properly. Yes, I'm relieved but I genuinely thought I was getting cut. I nearly threw up. What the fu-k???

For those who have been affected by the layoff, our hearts are with you. What are the severance details?

Adding myself to the list: Sudden PIP after years of being rated "exceeds", getting bonuses, equity grants, etc. Demographics-wise, caucasian, over 60.

If this happens to you (and it could, even if you don't think so!), do NOT take it personally. It is not a reflection on you, your value as a person, or your potential.

Presumably in a month or so, we will discover what life as an ex-IBM'er is like...

Just fyi if you have DLA recently added to your MyAccess OIM Accounts it is over for you. Layoffs tomorrow 6am.

I am still waiting for my severance package.

Did anyone get a meeting invite in US regarding team update coming from business update? For the places where layoffs happened is this how they send the information? Also what roles are most impacted, senior or junior? Are there any specific job profiles they are targetting?

The bloodbath has begun. Looks to be 15-20% RIF. Announcements for US to be rolled out by noon. India already announced. My team impacted 30%. Good luck all. This one is cutting to the bone.

I just started my "required" Business Practice Review training online, and just barely got through the Darren Woods opening video about ethics.
As an employee with decades of time put in, yet soon to be laid off, I nearly threw up in my mouth.
What a joke.

I keep seeing people say that 10/8 is a confirmed layoff date and that folks would get a 30 day notification if they’re impacted. Isn’t it a 60 day requirement?

Received a notification that something in workday changed to my personal email. When i attempted to login in the work laptop, access was denied. Looks like they have removed all my access. Is anyone else experiencing this? My last day is 09/04.

I’m in the US and new at PayPal. What is the process followed by HR? Does the person affected being laid off get the meeting invite? How does the rest of the team or manager find out who has been let go from their team?

Do you think HR (or whoever) that makes the layoff decisions gets a bounty (bonus) for every life they ruin?

Just askin'.

I posted below a post a few days ago that I received an invite from my skip and HR for today. Turns out it was entirely for a layoff. Today, there was a big wave that hit me and several others at the Bangalore office. Not sure if other countries are impacted so far. Anyway, stay strong and good luck everyone, wherever you are.

Bell labs head (G.P.) announced that there will have 40% reduction in the whole Bell Labs, and only 6 research centres will be kept. He said these numbers are accidentally sent out to all Bell Labs researcher in a ppt, and he refused to make any explanation on these numbers. Once people asking about the discontinued Network Systems Research lab, no comments and no responsibilities but still blablabla on AI-based research. One of the most chaotic All hands in Bell Labs.

The head of Bell Labs (G.P.) announced that the lab would lay off 40% of its staff, retaining only six research centers. He claimed these figures were mistakenly sent to all Bell Labs researchers in a PowerPoint presentation and refused to offer any explanation. When asked about the disbanded Network Systems Research Lab, he neither responded directly nor took any responsibility, yet continued to discuss how AI could be used research blablabla.
This was the most chaotic all hands meeting in Bell Labs' history.

Sadly but Marcus Weldon is correct on what the new TAO is doing:
https://www.lightreading.com/business-transformation/nokia-s-former-cto-rages-at-shocking-bell-labs-cuts

It seems like for people working at T-Mobile layoffs are not a matter of "if" anymore it is "when" because sooner or later it will be your turn. They like making people work under that fear. All these gimmicky chit and benefits when the ship is clearly sinking.

Rumor has it that IT is due for another round of layoffs. Does anyone Dir+ know what teams or functions they’ll be targeting or timeframe?

• Long Beach faces a major budget shortfall: The proposed FY2027 budget seeks to close a $58.2 million deficit by eliminating 483 positions—263 filled and 220 vacant—along with cuts across city departments and services.

• Top officials are still scheduled for raises: Mayor Rex Richardson’s salary would rise by $5,763 to $198,086, City Manager Tom Modica’s by $11,487 (3.01%), and City Council members’ salaries by about $1,829 each. Many increases are mandated by the City Charter, contracts, or labor agreements.

• Department heads are getting raises while their departments lose positions: For example, the Fire Chief is budgeted for a $7,392 raise while Fire faces reductions equivalent to about 33 positions, including the proposed elimination of Fire Engine 14. Library, HR, emergency communications, and technology directors also have higher salaries budgeted alongside staffing cuts.

• The mayor and city manager say they’ll donate their increases: Richardson says he will donate his $5,763 increase to libraries and community organizations, while Modica says he is donating his entire $11,487 increase; Modica already donates money from previous raises toward homelessness efforts.

• The raises have become a “shared sacrifice” issue: NBC4 asked all nine councilmembers whether they would decline, delay, or donate their raises. One councilmember said the City Charter prevents simply declining the salary increase, while seven did not respond by the deadline. The mayor’s and city manager’s donations are tiny relative to the $58.2 million deficit, but the controversy centers on whether senior officials should share in the sacrifices imposed by layoffs and service cuts.

https://www.nbclosangeles.com/news/local/long-beach-department-heads-raises-amid-cuts-layoffs/3935410/

Considering a return to Citi. Is there any wiggle room on pro-rated severance repayment? How quickly does it need to be repaid?

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.

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.

Anyone in regular 1-1 started in past 2m ? You might be targeted

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.

Got confirmation of October layoffs today in my org. Anyone else? Trying to see how big this one will be...

Did anyone over 50 land a new job after being layed off from this stellar company??
If so, how long did it take you and how did you do it.
Lenovo gave us this free career placement LHH but I find it boring and of no value.

Dental claims has 2 new hire offshore classes with 40(+?) people. There are not even 40 people on this team currently. The odds are pretty high for this team to be laid off, isn't it? 😫

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.

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?

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.

Is there a method that companies use to get people to leave?

https://financefeeds.com/oracle-orcl-layoffs-september-deadline/

Despite issuing a warn notice Gordon Brothers decided to pull the rug out from many Unexpecting employees on August 27. Gordon Brothers should be ashamed of their lack of integrity and compassion.

You really can drop to the bottom in one cycle. It is common when being transferred out of a group or after a CL promotion.