#layoffs

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Laid off in December. Received email from BNY recruiter about current job openings

I was part of the mass layoffs in December. The other day I received an email from a recruiter about a few contract to hire openings that they felt I’d be a good fit for. They found my resume on one of the job boards that I’m using. I stated that I was part of the mass layoffs and the recruiter stated the were aware and had roles they needed to fill.

It’s sounding like they know they sc--wed themselves and are scrambling to fix it.

What a giant slap in the face.


The Real Incentives Behind Thrive Together

There’s a lot of negative sentiment here around Thrive Together. That reaction is completely rational. Many people are trying to rationalize the decision - commercial real estate exposure, leadership being out of touch, or executives undervaluing remote productivity. Those explanations miss the point. Thrive Together is a much larger slight against employees than most people realize.

It’s easy to assume the executive team is uninformed or making poorly thought-out decisions. That assumption is wrong. These are experienced business leaders who understand exactly what they are doing. Whether internal metrics show remote work to be more productive is irrelevant. If those metrics supported the narrative being pushed, employees would see them. They don’t, and they won’t. Leadership knows the data doesn’t support the story, and they don’t need it to.

Their only real objective is increasing the stock price.

Historically, one way companies accomplish that is by reducing headcount. The problem is layoffs come with costs - severance packages and payouts of accrued PTO. Thrive Together creates a mechanism to reduce the workforce without formally conducting layoffs and without paying those costs.

Instead of layoffs, the company now has a framework where employees who cannot comply with Thrive Together requirements can simply be labeled as low performers. That label leads to performance improvement plans and eventual termination. The end result is the same as a layoff, but without severance, without PTO payouts, and without triggering the procedures that normally accompany workforce reductions.

Flexible Time Off (FTO) reinforces this system.

FTO didn’t expand a benefit - it removed one. Under a traditional PTO system, employees accrued time off that the company was obligated to honor or pay out. Under FTO, nothing accrues. Time off is technically “unlimited,” but in practice none of it is guaranteed.

FTO can function in a truly flexible remote or hybrid environment where employees aren’t bound by strict office attendance quotas. That is not the environment being created here.

Under the current policy, time taken under FTO does not reduce in-office attendance expectations. For the average employee, that creates a clear disincentive to take vacation because office quotas remain unchanged regardless of time off.

Leadership recently increased the expectation to three days per week in the office. If an employee takes a week of vacation, they still owe those three in-office days somewhere else in the fiscal year. Two weeks of vacation doubles that deficit.

If the company eventually moves to four or five in-office days per week - as many suspect it will - the system becomes mathematically unsustainable. There will be no practical way for employees to take time off while still meeting attendance expectations within a quarter. FTO with Thrive Together is structurally incompatible with meaningful time off.

What’s happening here isn’t confusion or poor planning. It’s a gradual tightening of pressure on the workforce while removing the company’s obligations that typically accompany layoffs. Even better, some employees will leave on their own to avoid the mess.

The plan was always to make you work more while creating a system that results in less time off, lower performance reviews, and a convenient excuse to fire people without severance.


This will be massive and broad reaching - How to tell if you're getting RIF'd.

Keep an eye out for a "Important Business Update" appointment scheduled in your calendar on a Monday or Wednesday Evening. If you see that, you will be RIF'd the following morning. Your computer is locked almost immediately after you are notified, so if you have stuff you want on it, disconnect it from WIFI so you can pull off any personal data. To figure out who else on your team is also impacted, try scheduling a meeting with your boss, and all your teammates that day with your calendar tool. That will give you an overlay of availability. Anyone else with 15 minute slots that overlap with your boss's calendar are getting RIF'd that day too. This will be Oracle's largest RIF yet, they are starving for cash and the easiest way to fix that is by reducing headcount - 8% reduction is likely.


IT

What is the deal with the hatred towards IT at Chevron? Its pure he-l working here in IT as you are treated as a 3rd class citizen. We are the first for our ignorant ELT to pick on for cuts all while that advertise around Houston how they are technologically advanced and talking about how important IT is. For those who say we dont pump oil, try to do your job now without IT. Like getting paid, well software makes it happen.


Campbell's Cuts Jobs, Shifts Factory Focus

Campbell's plans layoffs at its Paris, Texas factory. The company will cut 205 of 568 employees. Soup production will cease on May 1. The facility will now make Prego Italian Sauces and Pace salsa. This transition requires a smaller workforce.

Paris, Texas

https://www.wfaa.com/article/news/local/campbells-soup-factory-layoffs-paris-texas/287-ed71fa56-6a39-49f6-8921-db61b9d06f16


Alltrna Cuts 19 Jobs in Third Layoff Round

Alltrna, a Flagship Pioneering-backed biotech, recently laid off 19 employees. This marks the company's third workforce reduction. The decision aims to prepare Alltrna for clinical trials of its tRNA dr-g candidate. After the layoffs, 36 staffers remain at the Cambridge, Mass.-based company. Alltrna focuses on developing tRNA medicines for genetic liver diseases.

https://www.fiercebiotech.com/biotech/alltrna-undergoes-third-layoff-round-entering-clinic-cutting-35-jobs


Block Layoffs Impact Square Restaurant Division, Users Uneasy

Block, Square's parent company, announced 40% workforce layoffs. Square's food and beverage division experienced significant staff reductions. Its head, Ming-Tai Huh, and many colleagues were among those let go. Restaurants using Square POS systems are now concerned about service changes. Block maintains its commitment to the restaurant community remains strong.

https://www.restaurantbusinessonline.com/technology/restaurants-wonder-what-squares-mass-layoffs-will-mean-them


Oracle Considers Major Layoffs to Fund AI Infrastructure

Oracle is considering laying off 20,000 to 30,000 employees. This aims to generate $8-10 billion for AI infrastructure. The company faces high costs from major AI client commitments like OpenAI. US banks have retreated from financing, doubling Oracle's borrowing costs. Oracle also plans debt and equity raises and may sell its Cerner unit.

https://mlq.ai/news/oracle-eyes-major-layoffs-of-20000-30000-staff-to-offset-surging-ai-data-center-costs/


Capital One Cuts Over 1,100 Jobs After Discover Acquisition

Capital One announced layoffs affecting over 1,100 workers. These cuts are part of integrating Discover with Capital One. The affected roles include 532 at the Riverwoods facility. Another 69 Illinois residents and 538 remote workers are also impacted. This marks the second wave of layoffs since the acquisition last year.

Riverwoods, Illinois

https://www.cbsnews.com/chicago/news/capital-one-layoffs-riverwoods-illinois-discover-headquarters/


Scentsy Cuts 11% of Jobs

Scentsy, a fragrance company, announced new layoffs. The company eliminated 11% of its total workforce. This decision is part of thoughtful adjustments to its organizational structure. Impacted employees were offered a compensation package. Scentsy also conducted a round of layoffs in April 2025.

Meridian, Idaho

https://www.ktvb.com/article/news/local/meridian-based-company-scentsy-announces-layoffs/277-a9f6939a-5843-424b-9e51-adec8a7f6216


Optum frontier therapies

I’m seeing job postings for something new that Optum plans to do, work with patients with rare diseases. Good grief, optum why are you laying off but also starting new businesses. Why don’t you focus on the businesses you already have up and running?


BE creates Stanford prison experiment in tech

Google it of you don't know the story. Make a person a manager and tell them they have to stack rank people. Suddenly they feel totally justified making up problems and documenting made up deficiencies in case they need to cut you later. It creates an atmosphere where every interaction becomes an excuse to gaslight or present things using the worst interpretation possible. It's crazy how easily people can move from "we're all one team" to "I'm documenting this conversation to make it seem like you did something wrong". And of course the employee is also documenting everything in case they need to backstab their boss. The team goes from people who work together to people who collect dirt on each other and run to the hr. Don't you wish you could just spend your time focused on work instead of trying to sabotage other people so you don't get cut instead?


Massive layoffs coming..

Most of VPs, AVPs and Directors are su-king all the dollars away from the company. All they do is send and forward emails. Utter waste (Co-pilot is doing a better job) Fire them now and save the real workers before there is no one left in the company.


What are layoffs achieving?

Seriously, outside of short-sighted and short-lived cost cuts, has there ever been anything positive that can be associated with layoffs? We've been having one layoff after another, one restructuring after another, and nothing improves. In fact, it's the opposite. So what's the point?


Optum Real Crew

[The arena is packed, the crowd is roaring, and the spotlight shines on the ring. A muscular wrestler with a flashy outfit grabs the mic, flexing his muscles.]

Wrestler: "Listen up, all you fans out there! This is a shout out from your pals at UHC, the champions on the blue side of the house! And let me tell you, we’re fed up with this Optum quagmire, brother! It’s time to shake things up!"

[He paces the ring, pointing at the audience.]

Wrestler: "That’s right! UHC is bringing back the Super Connectors, and we’re gonna give it all away for FREE! You heard me, folks! FREE! No more waiting around, no more games!"

[He raises an eyebrow, leaning closer to the camera.]

Wrestler: "Now, I don’t know if this big announcement is gonna drop before or after the next earnings, but mark my words—there’s a major cut coming to Optum! They won’t know what hit ‘em!"

[He gestures dramatically, as if flipping a switch.]

Wrestler: "And our inside girl? Oh yeah, she’s in the orange room, ready to turn off the lights on this whole operation! It’s time to shine a spotlight on the real champions, and that’s UHC, baby!"

[He flexes again, the crowd erupts in cheers.]

Wrestler: "So get ready, because we’re coming for you, and we’re bringing the heat! UHC is here to dominate!"

[He drops the mic, striking a pose as the crowd cheers. UHG CFO body slams OI CEO and people rush the ring.]


Please post if you got “The RIF”

I wish more people knew about this site and would post if they got the RIF or if they knew someone who got the RIF.
It would be nice to know what L3Harris shenanigans are going on.
Plus, I might know where they could find new employment at; as an example I know for a fact that LM is hiring for Maritime in Riviera Beach. FL, just down the coast from here.


Omnicell's TITANIC moment

Is it just me, or did they literally name the flagship product to rhyme with Titanic? 🚢💀 At least they’re being honest about the iceberg. 🧊

While the rest of us are getting "The Email" 📧👋 and watching the rolling layoffs like it’s a Netflix horror special, "Leadership" is out here doing the most:

The Strategy: Selling vaporware that doesn’t exist.

The Pivot: Sprinkling "AI" on the trash fire to hide the smell. 🤖💩

The Grind: Posting "Inspirational" LinkedIn thought-leadership slop while the actual product hasn't been updated since the Stone Age.

And we HAVE to talk about our favorite "30 Under 30" Queen. 👑✨ After absolutely nuking the Product Roadmap into the sun, she’s been promoted to "Head of Strategy." 🤡

WTF does that even mean? Is the strategy just "How to fail upward while keeping a curated aesthetic"? Asking for a friend. 💅


Anyone else tired of drowning?

Despite all the promises, the workload hasn't changed after all the layoffs. If anything, it's gotten worse since morale has tanked and many of the remaining employees are burned out and have given up on putting in the effort. The fact that there's less people to cushion the impacts of the folks who've always been lazy regardless of staffing levels doesn't help at all either.

I feel like an id--t for being so proud of my work ethic and working way above my pay grade for so long. I love my job, I really do, but things are continuing to spiral and I'm so, so tired of working my a-s off everyday when I feel neither valued nor respected.

If I'm probably going to get laid off within the next couple months anyway, why should I keep doing the work of 3 people? I might have to join the horde of people coasting until they give us a package or at least just stop the paychecks.


Pharm Systems Downfall Continues

Heard that Pharm Systems is at it again. Another wave of VPs and executives leaving. Others (barely any) updating their LinkedIn profiles to "Open to Work" and probably asking competitors for job openings. Europe, US - they're flying out faster than Tom&Jerry in their private jet to Jackson Hole. The sales organization is wiped out - a printed picture memory at this point. The people who actually knew the clients, knew the product, and knew how to close - gone. Last I heard, they now have project managers hunting for device business. Let that sink in. Somewhere along the way, politics ate strategy alive. Then came the massive bonus and commission cuts - looks good on the quarterly report. The PnL is probably on life support by another travel ban. Then Services? Handed to people with 0 experience whose previous team was actually taken apart and promptly set on fire. Those of us who got out are just sitting here with popcorn, watching, and waiting for the "Pharm Systems Acquired By..." press release to drop.


UK

Someone posted this in a different thread, it's worth exposing it here on the main page:

  • In the UK it's a legal requirement to make roles redundant, not people. However there are no formal job roles assigned, and having access immediately revoked and being escorted from the building is not commensurate with a "consultation". This is not legal, but just like the lack of WARN notices, they keep doing it.

E&I layoff, how large?

Does anyone know how large the E&I layoff was? We have lost 3 people in our department, not sure about others or if this is only one of many waves. Morel is low with many who weren’t laid off receiving 0 raise and 0 bonus, a slap on the face and an insult, yet the brown mgmt seem to be getting promotions and bumps again!