#layoffs

SAVE YOUR MONEY! STAGFLATION - High Oil Prices, AI taking over jobs, Layoffs will occur earlier than later. Corporations will feel the pain with increase in inflation. Markets will decline for months. Just because the war stops doesn't mean things get back to normal right away. It will take years to recover and go back to normal. USA debt increases from $38 Trillion to $40 Trillion soon.

Reality check: Frontier AI only handles ~2.5% of real remote freelance jobs per the RLI study.
Paper: https://www.remotelabor.ai/paper.pdf
Video breakdown: https://www.youtube.com/watch?v=z3kaLM8Oj4o
Nonstop AGI hype looks more like a convenient excuse for mass layoffs and cost-cutting than actual progress.

Many companies will pull forward their layoffs that were planned for later on the year (in the second half of 2026) to the first half of 2026 due to oil price increases and the cost of war, inflation causing everything to go up.
Save your money. Forget the vacation and brand name anything. Save enough money to pay your bills and put food on the table. AI was already taking jobs and now higher cost of OIL will also do the same.

More layoffs right before RSU vest

Twas the night before layoffs, when all through the cloud,
Not a server was humming, thelayoff.com was quite loud;
Pink slips hung by cubicles with care,
In hopes that Larry Ellison soon would be there.
Employees nestled in Zooms, dreaming of pay,
When boardroom clatter arose, bad news on display.
A massive AI rig, billions in cost,
Brought ruthless cuts from Big Larry, the boss.
“Now, Cerner! NetSuite! Cloud, sales, and more!
Slash away all!”—pink slips hit the floor.
He bounded in yacht gear, cigar in his teeth,
Filled stockings with “Fired!”—no mercy beneath.
Cerner’s health tech, NetSuite’s ERP boast,
Thousands were slashed, turned to corporate toast.
Then to his jet, with a whistle, he ghost.
“Happy layoffs to all, and to all a good-night!”

Calm before the storm?

After the last round of cuts and reorganization, which ultimately led nowhere, I've started viewing this job as temporary. I'm trying to build up my savings so that if my number is called, that buffer plus severance will give me some runway. I'm also exploring other opportunities, and if something pans out, even better. There's really no point in stressing. It's unkind to yourself and accomplishes nothing.

Rejoice in the freedom
Those still incarcerated will be envious

Just smaller layoffs here and there? That's what everyone in my office seems to think, though not that our opinions matter much. But if that's how it's going to be, that's the worst. You're just waiting for it to hit, with no idea when.

All I've heard so far is Modem and Program Mgmt. Any details?

I'm hoping somebody knows more about it. Hopefully, it's not true, but I've herd it from several different sources and some are not the usual gossips, so I'm starting to worry.

Mark my words.

Whenever there are talks about cuts, it's always the exceptional performer, the ones who delivered at critical times are on the chopping block instead of the ones coasting breezily.

The reason???
Majority of slackers (you know who you are) won't be affected by the change, but there could be a few who will think this as a wake up call and step up.

And being a top performer, the corporate would think you'll land on your feet somewhere else even after being cut off.

That's a classic tale tell strategy, after 16 years at fidelity and close to retiring, that's one hard but honest truth

Are we out of the woods for now?

We spend decades learning how to do this work. Layoffs can erase all of that in a day. That's going to hurt us eventually.

I've figured out the game here. Most managers won't fire you for saying no because that requires confrontation and documentation. They're cowards who depend on you doing the work they can't do. So they just let it slide. Meanwhile they're building a list of people to sacrifice in the next layoff. You want on that list? Say no more often. Protect your energy and watch yourself move up the rankings. When the cuts come, you'll have a lighter workload and a severance package. It's a win.

Considering the job market and the overall state of the world and the economy? How lucky are we, right?

Has anybody else heard about potential layoffs in April? What are the chances it's really going to happen?

We had a group of people who relocated last year. Picked up their families, bought houses, got settled. Then most of them were gone within six months during the last major purge. Intel didn't care. A relocation isn't protection. It's just another cost on their spreadsheet. If they need to cut, they'll cut. Your moving expenses don't factor in.

I heard 1/3 of DMS is being moved to IFG, 1/3 to member services and 1/3 are being cut. Is that true? Does that make sense? Why would they do that?

I swear I am. I cannot take this psychological torture anymore. People are not built to carry this much stress day after day. At this point, I would almost rather be laid off. I know jobs are scarce, but I would rather stay sane and search for something else for a while than slowly lose my mind here.

Oxy cuts when oil prices are down, when they are up, when results are bad, and even when they are good. Basically, it can happen at any time. It is best to always expect layoffs here.

I've lost count, but the last time I checked I was above 300 applications, which still feels surreal to say out loud. I’m applying to roles I’m genuinely qualified for, the kind where my background, skills, and experience should line up, yet the response has mostly been silence. To say this makes potential layoffs scarier would be an understatement.

We have so many useless managers, and levels of managers at that. Let's clean that up and see what happens.

We know we're being replaced by actual people. As if it matters who or what takes my job. The outcome is the same - I'll be unemployed.

Year on Year Record Corporate Profits no longer translates to job creation but rather job elimination.

If results are good, they will layoff after a week so more stock price will up. If results bad they can fire on Monday. But oim request revocation far fetched

People are talking about layoffs, some seem to be convinced something is coming. Does anybody here know anything?

You love to see it.

https://nypost.com/2026/03/07/business/wall-street-executives-say-morgan-stanleys-latest-layoffs-caused-by-ai-sources/

This is the weirdest spot to be in. I actually enjoy what I do and the people I do it with. But the layoffs keep coming and they keep taking the best people. Every quarter I do the math. Who's left? Who went? Will it be me next time? I know the market is brutal out there so I'm trying to line something up. I'd rather leave on my own than wait for the tap on the shoulder.

Keep cutting staff, squeeze the remaining people harder, and use fear to keep everyone in line. That's the strategy here. They're not even attempting to hide it anymore. Deadlines are tighter and tighter, expectations are higher, and there's always the unspoken warning about what happens if you push back. This is just how Wells Fargo operates these days.

There've been some rumors, but I'm hoping it's just talk.

Anything major expected next week? Any leftovers they haven't dealt with yet?

A post was made of: “Using the same tools.. a dev shouldn’t be building a system using xyz tools and another dev building with abc tools. Reduce the amount of redundant tools”

The problem is that someone up top needs to show growth and innovation, a year end bullet point is needed. Some vendor takes them to lunch and shows them a pamphlet of their product. The next thing you know a “high valued important product has been purchased for the company to do ”, but wait it gets better.

They then goal, or force, MD’s an their reports to use new and improved said tool. After a few months of this enforcement, it’s hailed as a gleaming success. It doesn’t matter if there’s other tools being used already that does the same thing…this is new, but wait it gets better.

Often times, its realized that either:
a.) the new tool does not scale up
b.) the new tool is too expensive on the licensing renewals.
c.) the new tool does exactly what the read pamphlet says, to a point. Yes, it inventories all your servers……but not vm’s for example, you shoulda read the fine print. Remember that old chestnut.

Over time the newly purchased tool is either partially used and\or is forgotten about.
Lesson learned? NOPE! Rinse, repeat. So long as these up top decision makers, these stellar shot callers keep thinking like this and fall for the over the top sales pitch, it’ll never change. All that you need to do is take Bob out to lunch at a fancy restaurant, tell him he’s awesome to boost his ego and the sale of the new tool to Citi is as good as done.

It’s all ok though, we can just lay more people off to pay for it, right?

Nothing coming Monday, you are welcome. Go back to bed.