#layoffs

They have done it before and WILL do it again. Then they will throw a party to congratulate themselves for doing it.

https://www.nytimes.com/1986/04/26/business/exxon-move-for-slash-in-staff-called-startling.html

I’ve been fine up until today. Super nervous
How’s everyone feeling about tomorrow? Very stressful

The San Ramon Valley school board has a crowded agenda for its upcoming meeting. Trustees will consider affirming planned layoffs for both educators and classified staff. These reductions are due to the district’s current budget difficulties. The board will also review revisions to the district's grading and assessment policy. Additionally, community polling results for a potential new general obligation bond will be shared. Other topics include immigration enforcement response and categorizing the district headquarters as surplus property.

https://www.danvillesanramon.com/education/2026/02/24/srvusd-board-to-discuss-grading-policy-staff-layoffs-bond-polling/

DraftKings announced job reductions. The company is reorganizing some teams. The reorganization aligns staff with priorities. The Boston-based company did not disclose the number of affected jobs. DraftKings will move its office next year.

https://cdcgaming.com/brief/draftkings-cutting-jobs-in-layoffs-and-reorganization/

Heard of a few people being let go. Just wondering if there was a big layoff or only about 5 to 10 people.

Anyone have any insight to the fate of those that started at landmark, then HBMC and now Optum at Home (OAH)? SO much has been cut, not much left..has the feeling that everyone will be RIFd by EOY..any intel??

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Everyone just sits around feeling unsettled all the time week after week just pull off the damn band aid and do all the layoffs at once the bad press will pass and WF will just rebound as they always do cuz they are too big to fail

After 12/19 cut I now can’t seem to access my benefits or Fsa. Also stock. Anyone else have this problem and solved it? Thanks!

Who got whacked and why don’t they let Jenn T go already

Are about to feel the digital impact. Sounds like “shut down “ conversations are underway.

Yes — **Verizon Communications has WARN Act filings listed for 2026 at its Basking Ridge, New Jersey location. Public state WARN tracking data shows two separate notices for that location in 2026 — one in February 2026 and another dated November 1, 2026 — both affecting around 1,319 employees. 

Here’s what that means:
• Yes, they filed a WARN Act notice in 2026 for Basking Ridge.
• These filings indicate planned workforce reductions that the company notified to the state.
• WARN notices give advance notice (typically 60 days) before large layoffs are carried out. 

So the answer is yes — Verizon has WARN Act filings in 2026 for that office. 

If you want more details on what a WARN filing entails for employees (notice period, benefits, etc.), I can explain that too.

Aravind/ Blanchard’s org “flattened “‘even more.

Aravind is the one leading the effort to outsource to India- FYI

Anywhere else, I'd start looking. Now.

Anyone heard of layoffs coming this quarter? It was this time last year when we had the last big round so fingers crossed it isn't happening this year on the same scale.

What's going on in IT? Two years ago there was one VP/GM position, the CIO, although they were approved for two. Now there are three VPs, including the CIO; the second VP position (then GM) was filled in 2024. That's a big increase in comp as VP's are a min of $850K (salary, VCIP, and RSUs), plus other benefits. I guess the recent layoffs in IT paved the way for the increase in comp for the newest VP. Welcome to the club!!

It’s getting to be that time again. I’ve been hearing rumblings about layoffs coming next month… any news?

Wah wah Capgemini Group decision
Wah wah wah bad market
Wah wah wah microsoft aws redundancies
A pshpoor implementation od SuccessFactors
More AI slop
Wah wah wah more like they didnt want to make France feel alone in its misery
Mr. Bull... more like Bullsh*t

The company is already training AI agents to work directly with techs in the field to configure routers and diagnose troubles without an engineer. Tech chats with a bot directly to configure, test and turn up a router. Whole teams will probably be gone in next two years.

This question is for people who got impacted and no longer at VZ. In regards to stock award. I got 2 of the payouts and this week was rolling into the 3rd payout which is actual shares of VZ stock. When does it actually become available? When I log on to view it it says the following

“We currently do not have vesting dates on file for this award. Don't worry, it's nothing you did. Once we receive vesting dates for this award we will make it available to you.”

Any insight will be greatly appreciated.

Hearing some wild news from a former colleague out of the Canadian Federal group today.
Apparently, a massive engagement was terminated or paused effective immediately, sending 200+ people back to the bench overnight.
Looks like Leadership is keeping the details tight-lipped. Anyone know if this is a sign of broader public sector budget cuts or just a specific project imploding? Seems like a huge hit even for a firm this size.

Leadership is STILL going all-in on this insane, stupid idea that AI needs to be a part of every product in this company. That every engineering team needs to be shoving resource intensive LLMs into their application no matter if the use-case of AI is.. useful. Otherwise they lose out on funding.

The critical, cognitive defect of these re--rds is astounding. Engineers who do actual work are either fleeing en masse, quiet quitting, or burning themselves out as they struggle to keep pace with the level of stupidity from their leaders.

I have NEVER in my time here seen something so astoundingly fu--ing stupid, and there's been a lot of astoundingly stupid things from our braindead leaders. As much as they gray-haired boomers liked to bring up buzzwords like ML, blockchain, etc. I never recall an initiative that EVERY team needs to be working with ML, or arbitrarily shove blockchain into their application.

It'd be one thing if they were simply asking engineers to use AI in some way, i.e. Copilot, ChatGPT, etc. It's another thing to have them invest actual time, resources, and FUNDING into throwing chatbots uselessly into their apps.

This is insanely disastrous and has gone on long enough from our negligent leaders. This DOES NOT "better serve our customers," in fact it does quite the opposite. This is a malevolent use of funding.

It seems that FIS Belgrade office is in disarray. Lot of people were fired and morale is zero. It seems they are probbly going to close the office. Almost everybody there is trying to escape

The real issue isn’t just layoffs, it’s trust.

When cuts happen and communication feels vague, people lose confidence fast. Add tighter return-to-office rules on top of that, and it can feel like control is going up while security is going down.

WFH flexibility isn’t just a perk. It’s a signal. It says: “We trust you to deliver.” Being super prescriptive with attendance dashboards and badge monitoring sends the opposite message.

If leadership wants to retain the best talent, they must listen actively to the needs of the incoming generations who are screaming to balance their life needs better then previous generations. It comes down to a few basics:

• Be clear about what’s happening and why
• Be consistent between words and actions
• Trust people to do their jobs
• Push the flexibility policy more and stand behind it

Layoffs test culture. Culture eats all strategy (even the best ones designed by DW). Flexibility and transparency are how this company will succeed or fail. It’s too late for me because I made my decision so I leave this for the new hires coming in to witness.

Your move, DW

Another year, another slap in the face.

This year they are citing poor share price, poor USD to GBP exchange rate and increased head count due to acquisitions.

Surely acquiring new companies brings the revenue from those companies... If that revenue is so poor the rest of SS&C has to cannibalise their rewards to properly them up then something is wrong...

Also, every quarter this year we have beat EPS revenue and profit according to the earnings calls and also reduced debt.

I bet Stone and Rahul still got their ever increasing pound of flesh while the rest of us get stuffed!

There are no roles that can’t be back filled so why not take volunteers to assist in the mission of reducing workforce. Many would take it and be gone already.

To those that have already been removed from payroll, how long did it take to receive your vacation and severance payments after your last day of work? My last day was 2/20. I see the new paystub generated for this week, but it's only for five days of work. I signed the severance agreement the first possible day it was available (15 days prior to off payroll date). Just curious what the timeline looks like. Thanks!

First Brands Group, LLC is closing two manufacturing facilities in Kansas. This action impacts 211 workers across sites in Emporia and Edgerton. The company previously filed for bankruptcy in fall 2025. Federal prosecutors indicted two brothers for allegedly defrauding lenders. Local Kansas communities are now mobilizing support for affected employees.

https://www.ksn.com/news/business/layoffs-impact-hundreds-of-manufacturing-workers-in-kansas/

TrueCar today reduced its staff by 30%. This action follows the company's recent privatization. Founder Scott Painter led a $227 million acquisition of the company. Painter also rejoined TrueCar as its chief executive. New leadership reevaluated operations, leading to these layoffs.

https://www.autofinancenews.net/allposts/risk-management/truecar-lays-off-30-of-staff-amid-reorganization/

Jackson Family Wines closed its Carneros Hill Winery. This action resulted in 13 employee layoffs. The company stated the facility was underutilized. Operations were consolidated due to this. This marks the fourth major California wine company layoff this year.

https://www.sfchronicle.com/food/wine/article/jackson-family-wines-layoffs-21938811.php

C3.ai announced job reductions at its headquarters. A WARN document detailed 71 impacted employees. The layoffs impacted data science and engineering staff. The company seeks a turnaround amid financial challenges. Its revenue and stock value have both fallen.

https://www.sfgate.com/tech/article/c3-ai-layoffs-21939617.php

It’s simply not worth it. Don’t let this mismanaged menagerie put you in the ground. While they shove more work and a 1% raise at you (while the CEO cleared nearly 30mm in 2024 per the 10k published). You’re doing time here that’s it. There is no future any longer working for PepsiCo - it’s just a name on a C.V. that looks good. When the economy picks up - they might as well just leave the exit door opened.

The Anchorage School Board approved significant budget reductions. This plan includes over 500 staff cuts, with more than 300 teachers affected. Three elementary schools will also close: Fire Lake, Lake Otis, and Campbell STEM. These measures address a $90 million budget deficit. Funding from closures helped preserve many sports programs and some nurse positions.

https://alaskapublic.org/news/education/2026-02-24/anchorage-school-board-approves-severe-budget-with-hundreds-of-staff-layoffs-and-3-school-closures

I was laid off in November from the Midland office and it's honestly been a blessing in disguise. Fortunately I got hired on a new job very quickly but I do miss the people I worked with. With my new career path its so nice to be fully utilized and not be bottlenecked by discipline engineering and needing the approval of 3 different departments to do something. I forgot how nice it was to not work for a corporation.

Part of the 12/19 group.

Of course once it's deposited in my TOD acct isn't thousands lower....smh.

Anyone else?

It's frustrating when people claim layoffs are about performance. My whole department, from the VP down, got cut in the last round. We had strong reviews and bonuses to show for it. Sometimes it's just pure cost cutting with zero regard for who actually does good work. Spreading that performance narrative just kicks people when they're already down.

Were you able to find new jobs? I was just laid off, and the job market looks daunting. I could really use some positive news.