#layoffs

And the weird thing is, I'm relatively insulated. I have low expenses, and have built up oversize savings after several years working for a company doing layoffs all the time. I think even if I was somehow fired without severance, I'd probably be fine. But living with the constant uncertainty is ki-ling me. This kind of low-level, continuous underlying stress cannot be healthy. I don't know how people with kids or just less of a financial cushion are doing it.

I'm sure I'll get some trolls in the replies but just curious if anyone can relate.

I've been through several layoff cycles now and every time, as soon as first rumors hit, the office turns into a competition. People stop sharing, managers get cagey, friends watch each other sideways...you get the picture. It's exhausting.

My approach now is simple. I assume my number might come up and keep my options open. I update the resume every month and if it happens, it happens. Being prepared is the only way to stay sane.

Does anybody know ANYTHING about when we might expect to see more cuts?

I heard from a friend about a role in GT that’s currently open. They sent my resume and cover letter to the hiring manager on Friday. He tells them today that the position can only be filled from within GT. I sit in another LOB. Can anyone explain why this is happening?

Pay is below market, raises don't exist, and talent gets zero recognition. With all the layoffs, individual contributors are doing management work on top of their own jobs. Meanwhile everything keeps getting offshored. There's literally nothing positive about this place.

I looked at who survived our last two layoff rounds and it's baffling. People who haven't delivered anything in years are still here and people who carry the whole team got cut. Someone decided that. Someone looked at the list and signed off. That person has terrible judgment. They should be at the top of the list when the next round comes.

Former Meta executive Clara Shih launched a nonprofit organization to help Gen Z navigate AI-driven job disruption, offering tools to match skills with careers as automation reshapes entry-level roles and shifts workforce expectations toward AI adaptability.

https://www.analyticsinsight.net/news/this-former-meta-exec-builds-a-nonprofit-platform-to-help-gen-z-find-jobs-amid-layoffs

The Executive Board, Supervisory Board, Group Executives, L1, L2, etc. will never ever allow a VERP in the US. The only places where they allow that are Germany and France and only because they are forced to by the strong worker protections. However, they already found a workaround with the new performance management system. Now they will lay off while giving the least possible severance they legally can. These people believe that SAP's money belongs to them so they try to maximize their own bonuses by cutting down on salary budgets and benefits for employees.

An on point post by @ag+1kpxsdtzm.

I stopped waiting around after the last round of cuts, and I've been sending out resumes for weeks now. Got a call yesterday from a recruiter at a smaller firm. First interview is Thursday. I'm nervous but it feels good to be doing something instead of just waiting for my turn on the list.

I've been through a number of layoff rounds here and the pattern's always the same. Pull the salary report. Highlight everyone above a certain number. That's the core group. Then grab a few lower paid people from different teams so the demographics look balanced. It's not about performance. It's never been about performance.

Sorry to be insensitive and sorry if you’ve been let go. I think I’m next on the chopping block. I was wondering what does the severance package look like ?

Have a friend and former coworker that works in HR and was just assigned to a new project - from everything they've heard, Managers will begin receiving Inconsistently Meets (or worse) ratings if survey scores are down. Thy're trying to see where the boundary line should be, but its going to start close to small team leads and upward to Director. This incudes participation numbers AND overall engagement scores. Good news is that trending #s from prior surveys will be considered however i doubt that is going to help considering how messed up everything is around here!!!
Chainsaw cometh. we've been warned

My son graduated last year with good grades and two internships. He can't get a single interview for entry level roles. Every job he applies for has hundreds of applicants. My guess is half of them are people who were laid off from senior roles including from here and are just trying to get anything. It's just very, very bleak right now.

Can we go back to those times? I'll even take a round here and there, but this constant threat of more cuts is absolutely exhausting.

Oil major will cut investment over next five years from $30bn to $20bn

Maxine Kelly and Martha Muir in London

PublishedDec 9 2025

UpdatedDec 9 2025, 13:21

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https://www.ft.com/content/dc0f4207-7eb3-482d-8f28-e2b15ed07e9f?syn-25a6b1a6=1

ExxonMobil said it would slash planned spending on low-carbon projects by a third, as oil majors pare back clean energy initiatives and pivot back to fossil fuels.

The Texas-based company, the largest US oil producer, also said in a strategic update on Tuesday that it planned to lift earnings and cash flow by $5bn by 2030, with no increases in capital spending.

Exxon said spending on low-carbon initiatives would be cut to $20bn over the next five years, down from about $30bn previously. The company also recently paused plans for a $7bn hydrogen plant in Baytown, Texas, citing low customer demand.

Some of the world’s biggest oil and gas companies are pulling back from low-carbon projects and returning their focus to fossil fuels, amid expectations that oil demand will remain more resilient and that the green transition will take longer than anticipated.

President Donald Trump has made the promise of abundant, cheap oil and gas a key pillar of his second term and pledged to “export American energy all over the world”.

UK oil major BP in February reversed its push into clean energy to refocus on fossil fuels, with chief executive Murray Auchincloss saying the company went “too far, too fast”. It also shelved plans for its hydrogen and carbon capture scheme in north-east England.

Shell also scrapped a 2021 commitment to let oil output fall by 1 per cent to 2 per cent a year until 2030 and wrote down the value of its $1bn wind business. However, other companies such as TotalEnergies have continued to invest in their renewables arms.

The interior department will on Wednesday hold a lease sale for 80mn acres in the US Gulf, as mandated by Trump’s signature tax and spending bill, which analysts at TD Cowen expect to attract interest from Shell, BP and Chevron.

Exxon has four upcoming sites in Guyana due to start production by 2030, as well as final investment decisions on natural gas projects in Papua New Guinea and Mozambique.

Exxon’s chief executive Darren Woods told the Financial Times last month that assumptions the company made when setting its previous goals for spending on low-carbon projects had not been met, blaming disappointing customer demand and government policies.

Exxon on Tuesday said it expected $25bn in earnings growth and $35bn in cash flow growth by 2030 compared with 2024 on the same constant-price and margin basis, a $5bn improvement on its previous plan.

This reflected the company’s “stronger contributions from advantaged assets, a more profitable business mix and lower operating costs”, Exxon said.

The company also announced its chief financial officer, Kathy Mikells, will retire from February 2026 and be replaced by Neil Hansen, Exxon’s president of global business solutions.

https://www.ft.com/content/dc0f4207-7eb3-482d-8f28-e2b15ed07e9f?syn-25a6b1a6=1

Watching promotions roll out is something else as well. It makes you really question if performance actually matters even a single bit. To say the names on that list don't always match the people who carry the weight daily would be an understatement. It's hard not to notice.

• What reorg has accomplished the stated goals beyond short terms savings from firing people eroded when they had to hire the people back to run the business?
• What big, disruptive strategy initiatives have actually been delivered beyond some instantly outdated chatbot? What from the ET's AI roadmap has actually been delivered and successfully?
• How long does your ET get to blame people that were let go or pushed out for their shortcomings? Some have literally been doing this for years.
• How many top performers get pushed out while you just keep adding heads to compensate for chaotic programs like Salesforce as those you kept have no idea how to run a CRM, including the new CIO?
• How much money do you waste on BCG, McKinsey, etc. with no results to show for it?
• How long do you keep an ET that has a "provide customers everything and the kitchen sink" approach vs having an actual, modern, and innovative product strategy? There is 5 ways to buy every product at pricing that makes no sense to us, never mind customers.
• How many leaders can you hire that have no idea what they are doing, such as the CDO, CFO, new CIO, and many of those leading Engineering, while you fire the people that did the actual work and knew how things worked?
• How low are you willing to let morale go before the company is not longer functional?

Look around at who’s left. It’s hard not to feel like we’re all temporary at this point. Layoffs keep coming, and eventually they will reach everyone they have to pay more than pocket change. Anyone still standing in the US is on borrowed time. It’s less a question of if and more of when.

PIP isn't about improvement. Performance improvement plans aren't for helping you. They're either to save money or get revenge. That's all. If you are on PIP, don't expect to still be employed once it's done.

Condé Nast recently laid off 16 employees across several brands. These cuts affected staff at Self, Glamour, and Condé Nast Entertainment. The NewsGuild of New York and Condé United union issued an official statement. They reported 33 total layoffs over the past five months. The union expressed concerns about diversity and editorial quality.

New York, New York

https://ouispeakfashion.com/conde-nast-layoffs-draw-union-response/

After the layoffs rounds how the daily routine looks like especially regarding direct mngr? Do you still have as usual 1:1? Are the layoff questions brought up on th meetings or mgnrs behave like nothing happened?

If im them, I announce both at the same time. People left won't be complaining about 100%

Resilience Healthcare laid off hundreds of employees from a suburban Chicago hospital. This action affected 670 workers at West Suburban Medical Center in Oak Park. The hospital cited financial and technological issues, specifically a failed electronic medical records system. CEO Dr. Manoj Prasad hopes to reopen the hospital with state financial assistance. A law firm is investigating Resilience for potential WARN Act violations.

Oak Park, Illinois

https://www.msn.com/en-us/health/other/facing-financial-issues-illinois-hospital-shutters-lays-off-hundreds-of-workers/ar-AA21Cz5L?cvid=69ec2ff1899145a5b40b386714df05b5&ocid=DELLDHP

German manufacturer Gerresheimer Glass Inc. will close its Illinois facility. This action will lead to 172 worker layoffs. The layoffs are set for September 30. Production will shift to plants in Italy and India. The company aims to reduce costs and improve performance.

Chicago Heights, Illinois

https://www.pjstar.com/story/business/manufacturing/2026/04/26/illinois-loses-manufacturing-business-and-employees-to-be-laid-off/89773546007/

DSV is ending its operations at a Dallas County facility. This closure will result in the layoff of 391 workers. Affected roles include forklift drivers, warehouse operators, and supervisors. Employees will be impacted starting April 30 or in early May. Most impacted staff are expected to receive job offers from a new operator.

Wilmer, Texas

https://www.msn.com/en-us/news/us/global-shipping-company-dsv-to-lay-off-hundreds-at-dallas-county-facility-impacting-nearly-400/ar-AA20w4tL?apiversion=v2&domshim=1&noservercache=1&noservertelemetry=1&batchservertelemetry=1&renderwebcomponents=1&wcseo=1&bundles=feat-es2020-c

Texas State is changing its campus food provider. Chartwells employees face 183 layoffs. Compass Group USA issued a WARN notice. These layoffs will take effect on May 31. Aramark is the potential new dining service vendor.

San Marcos, Texas

https://universitystar.com/35371/news/txst-changes-food-providers-nearly-200-jobs-affected/

GateHouse Media is conducting layoffs across its newspapers. The Providence Newspaper Guild president states GateHouse is not disclosing the total number. The union has confirmed six layoffs at the Providence Journal. Reports indicate approximately 200 employees were laid off nationally. GateHouse's CEO called these cuts "immaterial" to the company.

Providence, Rhode Island

https://www.golocalprov.com/business/head-of-projos-union-says-gatehouse-is-not-disclosing-number-of-layoffs

Educators and support staff in California schools face job uncertainty. Over 2,400 preliminary layoff notices were issued for teaching positions. More than 3,300 notices went to classified staff. These notices apply to positions, not specific individuals. Districts must finalize layoff decisions by May 15.

California

https://edsource.org/2026/schools-across-california-face-uncertainty-as-layoffs-loom/756688

It's not a secret the OT is bleeding and drying out the divisions and there going to be another major layoff soon.

I'm hearing a lot of rumors about OT going to sell ADM bu heard SAP and others but is there any credibility to those rumors? is anyone going to buy ADM?
I guess the sale will be happening at the end of the faineance year (this June - start of July)

I feel a bit apprehensive about the upcoming Global Employee Meeting. Our results were good and beat market expectations and I know I should not feel this way. We have a lot of positive cash flow and can sustain good growth if we continue the trajectory. This is one of those times where smart CEOs and executive boards and supervisory boards (elected) would try to invest in more headcount to get an edge over our competitors. But I know that will not happen because
1) The biggest SAP commitment is to create enough cash flow for executive board bonuses and group executive bonuses
2) The second biggest SAP commitment is to create enough cash flow for share buybacks. SAP intends to spend up to 2.6 billion € (without incidental acquisition costs) in the period from 5 February 2026 until 27 July 2026 at the latest. https://www.sap.com/investors/en/stock/share-buy-back/2026.html
3) The third biggest SAP commitment is to create enough cash flow for the AI fairy tale. I call this is fairy tale because the total cost of AI solutions, third party development to make those solutions work for SAP employees, operating costs related to AI and opportunity costs when having to fix AI mistakes is very high.
In fact, there are reports that AI costs more than the humans they are intending to replace. But compared to humans, they do not have "workers rights" and can be easily exploited at the cost of our environment.
4) Lack of empathy in our executive board members and elected supervisory board representatives. Every earnings call and global employee call has one or two speakers apologizing for something derogatory they said towards employees. This doesn't matter because they go right back to treating us like dirt again.
5) Commitment to fake HR plans. The new HR under Gina scrapped all previous HR programs and want to reinvent the wheel again. What this means is that they want to reduce workers rights and reduce employee benefits. And they create a lot of busy work for themselves to talk about but this work has no impact or has a negative impact on the SAP culture. We had HPOM and then Performance Management. God knows what atrocity they are brewing now.

This and many other reasons make me apprehensive about the Global Employee Meeting. I am expecting layoff news either as a big number or a small percentage every year. I wish we had the courage to fight back by giving low unfiltered scores. I wish we had more courage to elect better supervisory board members and not the same ones again and again because they have shown themselves to be executive friendly and not employee friendly. I wish SAP had a real long term strategy that went beyond "we are copying others in AI slop". I wish I didn't have to worry about having a job when I work for a company that is actually making a decent profit.

How are you all feeling about the Global Employee Meeting?

If you are a bank employee, either get to the office close to 9am local time or get ready to be escorted out by being in the office early. Notice period is tomorrow.

I accepted a long time ago that this job is a dead end. I'm ready. I'll figure something out.

People have been mentioning every single org that comes to their mind. Does anyone know something specific?

It’s gonna be a bloodbath. Diabetes exit means more corp fat to spread into OUs. OUs are gonna get sla-ghtered because GM and his EXCOM cronies protect their own.
OP: @ba+1kq2kdgae

Rings true to me. If someone knows more, please share.

It's just survival mode at Optum now, constantly restless, constantly anxious. This weekend was especially bad because I know what's coming this week. So damn exhausting.

We all know there will be more.

Every job has its pros and cons, but here the bad has been steadily outweighing the good for years. I've got some savings, and I'm not exactly optimistic about the job market. But begging to stay and being consumed by fear over losing the job? Not happening, even though leadership would clearly love to see us on our knees.

I heard through the grapevine that some number of consultants were laid off this past week. Anybody got confirmation or details?