#layoffs

I was trying to click on Elevance Health because they, along with other of Optum’s competitors, seem to be going through almost exactly same challenges Optum is.

Well, I accidentally clicked on Emblem Health, instead of Elevance, and their last post thread entries were from 2016 and they were saying and complaining about the very exact same thing as us…about the offshoring to India and Philippines, about the CEO laying people off to raise stock price and to line executive’s pockets, etc., etc. etc. It was like looking in a mirror and we are talking back 10 years ago.

The last post entries on the Emblem Health Layoff site ended after 2016 so I can only think the company went under.

Anyway, scary stuff!

I was trying to click on Elevance Health because they, along with other of Centene’s competitors, seem to be going through almost exactly same challenges Centene is.

Well, I accidentally clicked on Emblem Health, instead of Elevance, and their last post thread entries were from 2016 and they were saying and complaining about the very exact same thing as us…about the offshoring to India and Philippines, about the CEO laying people off to raise stock price and to line executive’s pockets, etc., etc. etc. It was like looking in a mirror and we are talking back 10 years ago.

The last post entries on the Emblem Health Layoff site ended after 2016 so I can only think the company went under.

Anyway, scary stuff!

I was trying to click on Elevance Health because they, along with other of Cigna’s competitors, seem to be going through almost exactly same challenges Cigna is.

Well, I accidentally clicked on Emblem Health, instead of Elevance, and their last post thread entries were from 2016 and they were saying and complaining about the very exact same thing as us…about the offshoring to India and Philippines, about the CEO laying people off to raise stock price and to line executive’s pockets, etc., etc. etc. It was like looking in a mirror and we are talking back 10 years ago.

The last post entries on the Emblem Health Layoff site ended after 2016 so I can only think the company went under.

Anyway, scary stuff!

I accidentally clicked on Emblem Health, instead of Elevance, and their last post thread entries were from 2016 and they were saying and complaining about the very exact same thing as us…about the offshoring to India and Philippines, about the CEO laying people off to raise stock price and to line executive’s pockets, etc., etc. etc. It was like looking in a mirror and we are talking back 10 years ago.

The last post entries on the Emblem Health Layoff site ended after 2016 so I can only think the company went under.

Anyway, scary stuff!

I was trying to click on Elevance Health because they, along with other of Humana’s competitors, seem to be going through almost exactly same challenges Humana is.

Well, I accidentally clicked on Emblem Health, instead of Elevance, and their last post thread entries were from 2016 and they were saying and complaining about the very exact same thing as us…about the offshoring to India and Philippines, about the CEO laying people off to raise stock price and to line executive’s pockets, etc., etc. etc. It was like looking in a mirror and we are talking back 10 years ago.

The last post entries on the Emblem Health Layoff site ended after 2016 so I can only think the company went under.

Anyway, scary stuff!

Does any one have an idea when the reorganization will come to the refineries? I've heard rumors of October but if they announce the new chart then I don't know if layoffs will happen then or after the first of the year.

Anyone still around in US timezone after the latest round is executed, be prepared to work during IDC timezone in addition to the regular hours that you already do as you all will be reporting into IDC.

IDC VPs have figured out there are no jobs in US . So IDC experience and work hours can be rolled out to every one left in US.

Many posts in why so many layoffs .

No mystery...look at the quality of Vz BOard and backgroubds. Then compare to Boards at AT&T and Other Dow 30.

It's so obvious the root cause of lack of strategy and execution.

Vz Board compliments of Hans DEI Noah Ark style.

I still winder how Dan claims he was ask 3X to take over from Hans.

Where was the Board sense of urgency?

The lack of honesty and transparency is on the Board.

As a result, lazy exeution strategy to layoff 16,000 and counting.

Get ready, managers sending email asking to see who is interested In a VSP, which in other words if no one takes it will have a surplus!
Before any of you clowns start saying that it isn't true, I am in C and E district 6 and this happened today, also we are bargained for technicians not management.
Anyone know what the percentage is or have a clue if there is a list again like last time?
Be on your guard here comes the bo-m September 15th

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

More layoffs are set to roll out in America on Monday. I'm numb. 2.48 billion dollar revenue but they still decide to layoff the people making it happen. This is beyond parody. SHAPE survey comes out and says people are unhappy and Synopsys leadership decides to keep beating the dead horse. Unbelievable

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? 😫

The expiration of Temporary Protected Status for hundreds of thousands of immigrants could significantly impact the August employment report. Many of these individuals were in the labor force and firms were compelled to let them go. This situation may lead to a negative payroll number without an increase in the official unemployment rate. Healthcare and leisure/hospitality sectors are expected to be most affected by these job losses. The Bureau of Labor Statistics lacks a specific method to track these types of layoffs.

United States

https://kpmg.com/us/en/articles/2026/august-2026-employment-primer.html

I know this restructuring is really difficult, and I understand how stressful and uncertain things must feel right now. But at the end of the day, a company is still a company. Its priority is the business and the money, not necessarily the people. Whether STCB is performing well or not, or whether the Computational Team is doing a great job or struggling, it ultimately doesn’t change the fact that you need to think about your own future first. So, instead of worrying too much about what the company is going to do, start updating your résumé, interviewing with other companies, and preparing yourself to leave if the right opportunity comes along. There are many better companies out there. If you feel like you’re missing some skills, you can work on developing them before making a move, or you can move to another company first and continue building your skills there. Either way, the important thing is to create opportunities for yourself rather than waiting for the company to decide your future.

A union has filed a complaint against Amazon and its subcontractors for allegedly violating New York's WARN Act. The complaint claims over 1,300 delivery drivers were let go without the legally required 90 days' notice. This action impacts drivers in New York City and surrounding suburban areas. The International Brotherhood of Teamsters is seeking back wages, benefits, and penalties for the affected workers. The state Labor Department is currently reviewing the complaint.

New York

https://www.thecooldown.com/green-business/amazon-subcontractors-shut-down-drivers/

I heard they layed off alot of product folks in TR legal.. is it true?. Does anyone know how many people were impacted

Dan make sure you include the team behind the updates in the next round of rifs

Am I naive to think we're now safe for a while?

My alert went off this morning. Good times for another executive. From publicly available information…

Chris Koster, Centene’s General Counsel:

2023: $4.84M
2024: $5.06M
2025: $6.51M

On August 18, 2026, Koster sold 47,603 Centene shares for roughly $3.11 million. $16.4M in three years. Cha-Ching sir! Here are the stock trades:

https://www.nasdaq.com/market-activity/insiders/koster-christopher-1108982

Not bad for the top lawyer at a company whose business is largely administering taxpayer-funded healthcare.

Koster went from county prosecutor → Missouri Senator → Missouri Attorney General → Centene executive.

So basically, decades in Missouri government followed by millions a year at one of the country’s largest Medicaid contractors.

At least someone figured out how to make Medicaid profitable. But sure, keep cutting the people doing the actual work. That ought to fix the margins. And congrats, Chris. Don’t spend it all in one place.

The new CEO is going to be amazing! There will not be any more layoffs, the 401k match will go to 12%, everyone can work remote 5 days a week, all salaries will be increased 20%, annual increases will be 10% minimum, and every teammate will get their very own unicorn!!

Or nothing will change for us grunts in the trenches and the new faces sitting in the same executive offices will still get rich off of us just like the ones currently in those offices. It really su-ks to be us.

Let’s continue to hire multiple million salaried leadership people that need to be trained, cut Nike engineering experts and have a fake ITC office where nothing gets done yet we pay millions for.
Surely that will fix our issues. Bravo, brilliant.

All departments seem to be impacted, rumored 188 employees cut.

Same as last year, blindsided zoom meetings, they read you a script and jamf lock your laptop and ki-l your accounts the moment the meeting ends.

Please note that none of the surveys in Synopsys are anonymous.

In last yearst Shape survey, there was a question whether you believe in CEO Gh@zi leadership. All L6/M6 and above who rated 3/2/1 have either been laid off or are in the layoff pipeline.

So, play safe and give 5 ratings to such questions, basically lick the @ss in surveys unless you are in notice period.

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

Is all the bashing of Schwab and its senior leaders here really warranted? There's a reason why Schwab is consistently ranked a top employer in nearly every city where it has a campus. Because it's a really great place to work. The pay is well above average, the benefits are 1st class and the company does really care about its employees.

Now I don't kid myself. I know at some point that Schwab will need to make a decision in its interest that won't be in mine. I come to this site to get an idea of when that may happen so I can plan accordingly. Instead I just end up reading a bunch of nasty comments about how terrible the company is. Last summer we cancelled our lawn care service for financial reasons and now my husband cuts the grass. I would sure hate to think the crew that came out to my house each week was now online badmouthing me like a lot of you are doing to Schwab.

I love Schwab but I'm a realist. At some point they will probably lay me off. But til then, I am committed to giving them my best and so should the rest of you.

Anyone know which depts were impacted?

They did layoffs this week. Lots in India. So far I have heard of a few in GHQ

Just had a call with my new "leader" at Charter and was told in no uncertain terms "Move to Stamford of you are effectively resigning from the company." Nice right? Alex Taylor cared about one thing and one thing only - building his legacy within the family, regardless of the human capital losses.

For the influx of PIPs coming in, where are you located and which BU? Before someone starts yelling “WHY DO YOU WANT TO KNOW?”, it’s because this would help folks in these countries/BU to know what’s coming and start looking for new roles.

Current XOM is like a skydiver that was forced to jump out of the plane not wearing a parachute while being required to report back to the Flight Crew every 10 seconds with a status update.

For the first several updates, everything is going exactly per plan and the Flight Crew, especially the Captain, pats themselves on the back, hands out record bonuses to each other and determines that everything is going so great, the other skydivers on the plane are forced to jump sans-chute too.

But that last status update will eventually come in from the Ground Crew and no one but the Flight Crew will be surprised.

Scharf is so corrupt that his c-suite continues to lie, lie, lie that work produced by AI is not the product of the employees who know the subject matter to properly use AI. I will laugh when after Scharf is done firing everyone - big Tech price gouges Wells Fargo and takes it over.

Word down at the watering hole is that CFOs fixin' mandate to take a mighty sharp kn--e to everything, and he ain't fixing to waste any time doing it, neither.

What does this mean for our jobs and our existing customers? Will the new Fuji BI group try to consolidate with us again to keep thier base and or will we compete and just replace their boxes with Lexmark?

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

Executives

• dropped the 401k match
• froze salaries for non hipos
• dropped charitable contribution match
• dropped education reimbursement
• doubled PIP percentage
• increased insurance premiums while reducing insurance quality
• conducted layoffs with the lowest severance possible
  All while making zero changes to the executive bonus and compensation program, in fact giving themselves even larger bonuses.

At what point do we stop calling this a “turnaround” and admit Nike’s leadership sc--wed up? The stock is sitting around $38.

That’s after years of bad decisions, losing momentum with younger customers, getting buried by competitors, and turning some of the most iconic shoes in the world into glorified clearance-rack inventory.

And somehow the people running the company are still getting paid like everything is going great.

Elliott Hill pulled in $36.3 million in 2026 after laying off thousands of hardworking people. Meanwhile, Nike’s stock is still nowhere near where it was a few years ago.

Any truth to the rumors of people being told their position is being downgraded to a lower grade level, and they can either accept it or leave? Are they offering a separation package for those who do not accept this? Wondering if this is true and what roles/business units are affected.