#layoffs

There was a time when retiring here felt guaranteed. That hasn’t been true for at least a decade. With constant layoffs, retirement feels like a distant luxury. Most of us are too busy worrying about what tomorrow might bring to think that far ahead. That’s the reality we’re living in.

So today was the first day of phase 1 of this bank restructuring/re-org. Not only was my team disbanded, but our BA & BBPC were impacted on January 28, and those 2 did a ton of work and were the main reasons we were able to closeout our 6 issues on time last year. With them now gone, someone has to pick up that work, so it landed on ME! So now I’m on this new team, handling a different product, so not only I’m I having to learn this product, but the work from our BA & BBPC still falls on me, I asked my new ED about this, she only said “we haven’t fully thought all this out yet, but stick with us, we’re all learning on the spot.”

Learning on the spot, what genius thought this re-org was a great idea? Was it Mike Moran and the 3rd party consultant group he brought in last year? This is going to be a huge cluster f_ck before it’s all said and done.

eBay will be laying off 800 or 6% of its work force. The S#@$

Not a good place to work

Are we in massive debt over HIH? Is that why so many quality people are being laid off? To pay off that debt?

Which teams, functions?

Any upcoming layoffs In Texas?

With the CIO shown the exit door, who will do more lay offs now in IT?

WGN TV Reduces On-Air Staff, Nine Employees Affected

WGN TV recently laid off nine on-air employees. This group included well-known personalities such as Dean Richards and Chris Boden. The cuts follow earlier reductions among behind-the-scenes staff. Parent company Nexstar is pursuing a merger with Tegna. These actions aim to manage debt from current and planned acquisitions.

Chicago, Illinois

https://chicago.suntimes.com/sports-media/2026/02/23/wgn-tv-chicago-layoffs-chicagos-very-own-channel-9-nexstar-tegna

Nexstar Media Group | NXST

Abby couldn’t manage people and let the company go down the toilet. She was afraid to lay people off and that is what’s responsible for the current culture.

Just saw that the Beat scheduled for 2/25/2026 was canceled for “leader training”. I guess the ELT is coaching them what to say for the upcoming layoff.

KC site to layoff ~150 employees over the next 3 years. This is roughly 1/3 of the site. Any more specific news?

Well 5 done March 13th here at the country club good luck to you all 🙏. Not sure how many at the Resort.

A U.S. software engineer costs 3–6× more than an equivalent engineer in India, with the gap largest at junior levels (5–6×) and narrower for seniors (3–4×). Senior roles are often cut first for maximum savings, followed by juniors, then managers once IC layers shrink. Even modest offshoring saves tens of millions annually despite coordination, time zone, and attrition challenges.

The key question: is your work worth 3–6× the cost? If the answer is yes, then you are safe.

How did I get these numbers? Pick your favorite AI model and paste this prompt.

Prompt

Search the web and retrieve the latest (2024–2026) median total compensation data for Software Engineers in India and the United States at the following US-based companies:
Tier 1 (Top-Tier Big Tech):
• Google
• Meta
• Amazon
• Apple
• Microsoft
Tier 2 (Strong Product / Upper Mid-Tier):
• LinkedIn
• Salesforce
• Uber
• Nvidia
• Adobe
Tier 3 (Established US Tech / Enterprise / Platform Companies):
• Oracle
• Cisco
• Qualcomm
• Walmart Global Tech
• Intuit
For each company:

1. Provide median total compensation in India and in the U.S. in USD.
2. Break it down by role level:
   o Entry (0–2 years, L3/IC1 equivalent)
   o Mid (2–5 years, L4/IC2 equivalent)
   o Senior (5–8 years, L5/IC3 equivalent)
   o Staff/Principal (8+ years, L6+/IC4+ equivalent)
3. For each level, include:
   o Median Base Salary (USD)
   o Median Annualized RSU/Stock (USD)
   o Median Bonus (USD)
   o Median Total Compensation (USD)
4. Calculate the ratio: U.S. median total compensation ÷ India median total compensation for each level — i.e., how many times U.S. employees are more expensive than Indian employees.
5. Use data only from:
   o Levels.fyi
   o Glassdoor
   o Blind
   o AmbitionBox
   o Official compensation reports (if available)
6. Cite all sources with direct URLs.
7. Clearly mention the number of data points used (if available).
8. Convert INR → USD using the current exchange rate and state the rate used.
9. If level mapping differs across companies, normalize levels to the four categories above.
10. Present results in well-structured tables, grouped by company tier.
11. Flag where data is incomplete or sample size is small.

On the call with Kevin today, they said the layoffs have already started. Has anyone on here been hit yet that can speak to what the severance packets look like?

Nike's motto is "Just do it". Today we learned that Sabre's new motto is "Just AI it". Perfect.

How are we supposed to get the work done after you laid off all the people who could do the work.

Just AI it.

Have you ever used AI to do anything that needed to not onky be done but also done correctly without AI slop hallucinations?

Just AI it.

Just 10x it by using AI

Just agenticly AI it

Just vibe code it

Hey how do we get the stock price back up to $20?

Just AI it?

I can tell you what, AI could replace you and your ivory tower AI fantasies.

For those of us living in the real world, no we cannot just AI it.

There’s been about 1,500 let go in the first two rounds So if the “2000 employees by end of February” is accurate, then yes, there will be more.
OP: @ar+1kj82pds4

I don't wish job loss on anyone, but it's always the grunts who get sc--wed. Management has been bloated forever, and some roles won't be missed, AI or not. If those of us doing the actual work, for the least pay, can keep our jobs given how tough the market is, I'm okay with it. People with bigger salaries can weather unemployment longer. Most of us can't survive more than a month or two.

The cuts around me were completely senseless. They kept some redundant positions, yet laid off people who seemed indispensable, either because of what they brought or the role they filled.

Appears to be same group of IOL leadership in a private all day meeting at quarry park same group that met a month before they announced the layoffs meeting today. I’d normally say just a re group but they set it to private. Anyone know what else they cooking besides our careers?

How many were impacted? Anyone know?

I honestly don’t recognise the FIS that is referenced on this site.
Sure there are layoffs which su-ks, but I work from home on interesting stuff, get paid pretty well and have a work life balance that I choose. I could get let go at any time but that’s life, it’s not like only FIS has RIFs.
There are some long rambling posts on here that seem more like a writing exercise than a true reflection of how things are.
It’s a job, not a marriage.

Will be communicated through unions and worker councils depending on local laws. That's what I heard but do not know how the numbers break down.

hearing there are layoffs today. anybody confirm?

Is anyone aware of any upcoming layoffs? I’m looking for concrete information.

If you believe the layoffs are less than 20%, then either you’re seriously misinformed or you’re not actually working at Qualcomm.

And if you’ve been here for more than 10 years, be careful- you could be in trouble.

The cover story for layoffs is that the financial incompetence of leadership led to layoffs, but, in fact, the impact of layoffs seems to be a rise in Authoritarian management practices (do this or we’ll axe you, whether you like it or not), which leads one to wonder if that was not always the point?
Foreigners in management coming from corrupt and inbred home countries cannot be expected to understand the drive and spirit that made Silicon Valley unique and powerful, so, in the mockery of imitating greatness, they replace inspiration with the whip?

I can’t wait to leave

Layoffs next Friday! All industry orgs! Managers included.

I’m hearing this from the very top.

What is actually going on with this company???
So many people are being laid off. ICs are being thrown away. Teams are on very slim resources. Performance is degraded.
What are they trying to achieve? Are they planning to move everything to offshore?

Should we expect more layoffs? Has anyone heard anything?

I'm barely present. I've run out of caring. We've bled talent, and management spins it as a win. Following that logic, the company will peak the moment the last person walks out. Beyond that, nothing adds up. So many things could be done better and smarter. But no one's interested. So why the he-l should I be?

Confirmed there will be a huge impact on Irving Risk department next week

Have a couple of friends in CREB, and it sounds terrible over there. One was telling of an opening whereby the workload would quadruple from her current load, with no pay raise whatsoever if she took the job. Also heard today of a very senior leader leaving and his role is not being replaced, but instead his duties will roll up to his manager going forward, who lives on the other side of the country. Sounds like morale is in the toilet as well within that group because of workload with continued reductions in total compensation. They all agreed that nobody is happy and basically everyone is looking to leave when they get the chance. Ouch.

How many of these jokers got cut by state?

Regarding Kevin's meeting and the effort he's making for employees. Kevin just sold $1,000,000 worth of stock. Do not trust them. They are trying to keep you productive up until they can discard you.

Everybody knows it. Continuous layoffs. Plummeting stock price. Customers pulling Dell footprint. No innovation. No enterprise solution portfolio worh a sh-t. Quality hemoraging. Support on life support. Clueless leadership. No AI relevance. Just low-cost, low-margin cheap hardware, that's it. To be honest, that's all Dell really ever was.

Thank you for all that you’ve done! Here are your impossible deadlines, and here’s your Meets Expectations. For some, here is your pip instead of layoffs with packages