#layoffs

With Verizon’s acquisition of Frontier moving toward completion, industry analysts expect a first wave of layoffs in March–April 2026. Estimates suggest roughly 4,500–9,000 Verizon employees could be affected, mostly in corporate, administrative, and overlapping network operations roles, while frontline technicians are likely to be spared initially due to regulatory broadband obligations. Some of these reductions may come through voluntary buyouts or early retirements, but the merger will still represent one of the largest workforce adjustments in recent Verizon history.

Rebadged employees that you may work with from your core are being released. I wish all the best.

I'm hearing everything from Tuesday/Wednesday this week to cuts starting on the 20th. Can anybody say with certainty what the date is?

Finally some good layoff news. Per Bloomberg Citi is severing 1K people this week. US centric. Pick me before I retire please.

Also FIRST!

"HP Inc’s stock has reached a 52-week low, hitting $21.20, marking a significant point in its trading history. This decline reflects a broader downward trend for the company, as HP Inc has experienced a substantial decrease of 36.53% over the past year. The technology giant has faced various challenges in the market, which have contributed to this notable drop in its stock value. Investors are closely watching to see how HP Inc will navigate these difficulties and whether it can rebound from this low point."
https://www.investing.com/news/company-news/hp-inc-stock-hits-52week-low-at-2120-93CH-4435466

Yes, keep laying off your best and most innovative employees and keep hoping that everyone buys your "HP Invent" mantra.

The software company is laying off about 10% of its global workforce following its $2.5 billion acquisition by Advent. The cuts in Israel will be relatively modest, around 5%, while layoffs in India and the US will reach about 10% of employees.

https://www.calcalistech.com/ctechnews/article/bybo6fzbbl

Laid off 6 months ago and so far all I’ve heard through my applications and recruiters is that their experience with former SS&C employees have not been good.

Not my fault that 3/4 of the company are subpar offshore & H1B employees that fail to practice even the most basic software standards that anyone would learn from a freshman level undergraduate course.

Worse for me considering this has been my only experience since graduating. Worse for SS&C considering me with no other experience other than a bachelors degree has more knowledge than supposed “senior” engineers.

Fun fact, if you’re a senior engineer than maybe you should know your database issue that your team has been working on for 4 months is because you guys somehow decided to put whitespaces in the column names which we’ve been trying to tell you is a horrible practice

Through out the system BNSF cut signal maintainers, inspectors and ET’s.

Some groups in risk and compliance are getting as much as a 20% axe. Isnt this fun? What could go wrong with a bank cutting risk functions? Lets bet it all on red! Trump, that is.

What exactly is redeployment, especially an open-ended one? Is this just a RIF in disguise?

https://www.thelayoff.com/post/@OP+1keshf0x2

Any info on Uhc side?

These layoff instruction documents are like the Chevron incompetence gift that keeps on giving. Does HR do any quality control on their instructions?

Maybe the layoffs/offshoring should have started in HR so they could experience their own incompetence with this inaccurate information they publish.

What does everyone think of this ridiculous week of career expo training? My only goal at this point is to not lose my job - forget about all of this BS!

All bootlickers - Go check out askAT&T’s prompt catalog and put “Executive” in the search bar. Here, you can see how the executives you worship & believe should be paid so much, actually do nothing. The executive update you received, was just a GenAI prompt that look them 5 seconds to generate. The headcount reduction email you received? 3 seconds to generate.

AI has already replaced 90% of these executives jobs, they want you to believe that they are irreplaceable and that you are what needs replacing.

What’s your favorite? My favorite is the “Critical Thinking Companion” that the executives need to critically think! Very telling of the state of the company

I’ll sum the email up for you quickly:

“You American employees are too expensive and we need to make the stock price go up, we’re going to be spending the next 24 months laying off as many of you as possible to be replaced with AI and/or cheap India labor”

I appreciate the heads up, but a 2 year timeline is crazy.

Layoffs are coming. The vagueness of the email is beyond frustrating. The timeline is beyond confusing as well… 24 months?

Anyone have insider knowledge about which teams/departments?

They want to cut workforce to boost Intuit stock price.

https://www.thestreet.com/automotive/gm-puts-6-billion-price-tag-on-latest-mistake

Can anyone say: More Layoffs/restructuring coming?

It’s over

The pulse page shows that Carelon global solutions is one of the best place to work in India and Southeast Asia. Totally giving a middle finger to all those that got riffed to offshore work.

More layoffs

Nice to know BNY finds it necessary to spend $200,000 on two stupid robots that look at if they came from a vintage 1980s Sharper Image catalog.

Two hundred grand and for what? To tell jokes? But let’s lay off staff.

Robin Vince is a useless tosspot.

Any layoffs today

OPO employees having meeting with their manager seeming to gauge interest in leaving over the change. Are they making a list of who to let go due to “downsizing”?

Reps are done.

Will Charlie cater to Trump's wishes and make up for card LOB losses with increased layoffs if this cap went in? Maybe he's angling for the Fed chair job when all the juice has been squeezed out of this gig and be nice way to stand out.

Who in management makes the final decision about who gets cut? SVP? MD?

After so many layoffs, needing to go to market to fill the position of Principal Applied Scientist in Enterprise AI team is not a good look:

https://careers.chevron.com/en/job/houston/principal-applied-scientist-enterprise-ai/38138/90322089824

What happened to the robust pipeline of talent that was spruiked so enthusiastically by IT leaders only a few years ago? What happened to all the digital scholar wunderkinds who were going to change the company?

It looks especially bad after so many other high-profile departures from Chevron, especially in the IT and data segments.

And who in their right mind with those skills and located in the US would work for Chevron?

(I wonder if whoever lands the role will have to do a Skills Insights assessment, and whether they will be allowed to score above “fundamentals” with their lack of Chevron experience?)

Ok so are we sure layoffs are expected over these next 3 weeks. Per sources on here should we be expecting some news of layoffs over these next 3 weeks. If anyone has any information please share. Thank you.

DF is making press releases about 20x workers at the secretive Long Beach. I've heard of 10x but 20x, oh my.

Layoffs start today, 12th. Share impact and rumors, should be significant.

https://www.cracked.com/blog/the-6-most-effective-ways-to-lie-your-resume

Portland Craigslist currently has a lot of Nike Appeal for sale postings. The craigslist posters state their Nike appeal, they want to sale is new or never worn. All the people at Nike who know they are going to get a layoff notice soon are looking for quick cash and unloading their stash of Nike appeal they have been swiping at work for years now.

https://www.seattletimes.com/business/microsoft/microsoft-layoff-rumors-100-percent-made-up-exec-says/