#layoffs

Hear me out!

It was reported that the executive board wanted to lay off 10000 employees. But of those, 3000 quit and others found a job somewhere within the company.

There are also reports that the restructuring expenses cost €3.1 billion.

Now I am no math genius but if I divide 3.1 billion with 3000, that is more than a million on an average. Given how high some salaries are, it is safe to assume that many employees got hundreds of thousands. But definitely not millions.

So where did all the money go?

If you ask around, you'll hear that a lot of money went to Marty Cagan and his company and to third-party consultants who suggested layoffs. I don't know if this is true. But we need an investigation into this.

What is to say that the executive board isn't actually laundering the money through these consultants?

In 2024, SAP expenditures related to restructuring were 10% of the total cloud backlog! Why would any company in their right mind reduce cash flows like this by laying off more employees and also doing share buybacks and paying executive bonuses in millions? And then saying there is no money left for salary increments or bonuses? We aren't even beating inflation and the board is spending money the company doesn't have just to continue with the tooth brushing exercise.

How can we as employees demand an investigation into this?

Title says it all.

There’s some really strange restructuring that’s making very little sense. Poor customer retention this year. Internal and external auditors evaluating engineers specifically, that I’ve heard of. Lots of resources being directed to other projects/departments.

Welp… looks like another Tuesday is about to get interesting at Honeywell.
According to some around various teams, something big is set to drop—and yes, it lines up with Honeywell’s not-so-secret tradition of choosing Tuesdays for major shake-ups. (Because apparently nothing says “good morning” like a mid-week panic.)

Insiders are whispering that layoffs could be announced as early as Tuesday morning, with multiple groups bracing for impact. No official word yet, but the timing alone is raising eyebrows—this always seems to happen on a Tuesday, doesn’t it? Especially before Christmas.

If you’re inside Honeywell, keep your calendar wide open.
If you’re watching from the outside… grab popcorn.

Says it all. Jan 2027. Who knew? Lol

Membership is very low. Any layoff rumours?

At this point I would like to say nuke all the workforce and start from fresh, coz I've seen some particular orgs being rotten for decades with politics and performance is no way factored into firing and less competent folks are prevailing, yoo eh, this is the golden opportunity, create a business continuity plan and then nuke all the work force and hire / rehire need as you go basis - twitter did the same, why not Nike...iykyk

I had heard that there would be more layoffs this week. Does anyone know if that is true or what day it would happen?

A large number of director+ in Network Technology let go today.

Huge reorg in TFB just announced. Jobs lost, regions consolidated. Teams split between SMB and Micro.

More news coming shortly.

I am in Reuters Technology and got affected 3 days ago. What a way to get canned right before Christmas!

The company will cut 200 employees, about 4% of its global workforce. Because over 3,000 of Mobileye’s roughly 4,300 employees are based in Israel, most of the layoffs will fall on its local teams.

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

If previous years are any indication, T will hit us with another round of cuts sometime around holidays. Timing feels cruel, but it is very on brand.

Can somebody confirm (or even better, tell me it's not true) the recent rumors about major cuts coming in January? I understand people are nervous because everybody seems to be laying off, so is there a chance that people are just panicking and speculating, and layoffs are not actually coming?

Anyone else recently laid off get that email today?
I already logged in to Fidelity and accepted the RSU's before they change their mind.

DTC Dells how to follow along is ending all LVL 1 support positions here shortly. They did a massive push on BPO companies servicing dell clients where they were not required to have formal training on TECH so they could follow a flow chart on NBA. This will be the death of quite a few jobs for the industry if others adopt.

where and how many??

Does anyone have ANY information on who will be affected?? Like teams/sectors?

I’m one of the corporate engineers who was going to fill in for the strike and was part of the lay offs. Hope you guys still do the strike. They laid off lots of competent engineers that usually fill in for strikes. Make them feel the pain!

🫡

U.S. Xpress laid off employees across the company in response to lower demand for trucking, according to an internal email obtained by the Chattanooga Times Free Press.

https://www.timesfreepress.com/news/2025/dec/05/us-xpress-enacts-broad-layoffs-amid-reduced-truck/

December is here, does anybody know by now when we can expect more cuts? Is Q1 a possibility?

Anyone hear about another round of layoffs?

Said on Walter's town hall today.

So let me get this straight…

We don’t have any assigned desks but…

1. You can book a desk online
2. If full, join another IDT neighbourhood
3. You aren’t allowed to use other available areas in the building on a regular basis (LOL)
4. In high demand days you will be told which days to work from site
5. Attendance owners are tracking you

This is all absolutely ludicrous and ambiguous on purpose so they can say you weren’t “following the rules” and give you a lower rating at the end of the year.
And they get to determine what it means.

I’m very curious to see how many people worldwide will actually abide by this. I suspect it will not have the effect Wael is hoping it will. After all, you can only inflict this type of pain only if people let you.

After the backlash from trying to take away the purchased vacation, I hope there is a backlash here too. These rules aren’t for the betterment of the company as a whole, it’s Wael’s way to inflict attrition for people to leave on their own accord or to justify laying off.

These “rules” aren’t taking us to better long-term investments, it’s not taking us to better acquisitions.

The same disastrous decisions of burning cash through stock buybacks are being done by Wael all while telling us we can’t sit at the cafeteria if we want to.

“Only then use other available areas”
Only then when? Once? Every time? For a week? The wording is intentional.

It seems to me, Wael doesn’t need any workers at all, he seems to believe he can run the company all on his own. Maybe we should all listen and let him do it.

From where I sit as a person who worked for a company that TU acquired a few years ago, almost all of the technical engineering staff with knowledge and experience of major technical systems that keep the business running have been laid off now. All of the TU staff (mostly contractors from other countries) that have stepped in to learn things still have no clue of how things actually operate even at a basic level. Most don't care to learn or don't possess the right technical and business skills and they rely on those who actually built these systems from the original companies that were acquired to do the real work. But now almost all of those original individuals from legacy companies are gone after many rounds of layoffs.

We're talking about extremely technical systems that interface with thousands of other companies that we have legal contracts with to receive information from and process it every day. Millions of records which generate millions of dollars for TU are being handled by a skeleton crew of incompetent TU staff and contractors now. Not to exaggerate but its now equivalent to a McDonalds fry cook doing complex brain surgery in a blindfold. Yet all of the middle-management play it down by saying, oh it's easy, it's not complicated, and we can handle it. Yet even years later, they still can't complete 99.9% of their tasks without the help of those who were laid off in recent rounds who wound up doing all of their work for them. No matter how many times they were "trained" on something, most still don't grasp what is going on and don't understand these parts of the business.

I have a feeling that very soon those poor companies that partnered with TransUnion to use products and services are going to quickly discover that TU has made blind upper level decisions with no real clue of how things actually operate, what actually they do, how much money they are making them, or who knows how to run, build, and maintain these systems. We were told years ago that this OneTru thing is the answer to everything that all the legacy systems would be migrated over to it within 1 year. Well it's been several years now and we are still operating on the same legacy systems with no end in sight for OneTru. And TU has no one left now that can properly support the legacy systems, fix partner issues, and keep them running after layoffs. Luckily many legacy systems were finely automated, but who is going to be there now when something breaks and partners of TU are going to be ringing the help desk phones off the hook? Are they going to answer and say the truth? "yeah, sorry about that, um we just laid off everyone that knows how to fix your problem, sorry but we can't help you."

It doesn't take a genius to figure out that this is bad business 101. If you want to know what is keeping your business up and running between your golf matches, then talk to the actual people that have their hands in it daily and keep things running for you instead of laying them all off. Don't talk to middle management because all they're going to say is what you want to hear which is a farce, "No worries boss, we got it all under control. Sure, we can do that, we can do anything you want, go ahead and make your cuts, no problems here." Middle-management here is the worst I've ever seen. Have you seen the movie "The office", TU would make the perfect sequel.

Being laid off this round would have been better than staying. The difference between those who were laid off and the existing TU people is that we actually care(d) for our partners and our customers. We treat them like family and bend over backwards to help them when problems arise. We realized the value in those relationships. But all I've seen from the TU staff is incompetency, delegation and arrogance. They just keep playing their corporate games and it's going to bite them hard real soon when the ship starts sinking and everyone who knows how to keep it afloat has been laid off. Mayday.... Mayday... Mayday...

This was too good to stay buried in the replies. The OP is @rm+1kbn0zf88.

Concerned Tufts staff members have distributed a petition in conjunction with Tufts Labor Coalition demanding that no workers be laid off as part of Tufts’ Operating Model Transformation, an initiative restructuring the university’s administrative functions.

https://www.tuftsdaily.com/article/2025/12/staff-members-call-on-tufts-to-avoid-layoffs-in-administrative-restructuring

Let that number really sink in. I always rolled my eyes when people told me to "just be happy you have a job" while I was complaining about all the issues we face day to day, but seeing numbers like this makes me understand, at least a little, why they say that.

Full article pasted below.

https://www.chicagobusiness.com/health-care/hcsc-top-execs-got-big-raises-2024-despite-income-drop

Top executives at Health Care Service Corp. received hefty raises, including multimillion bonuses, in 2024 despite a 54% drop in net income for the parent of Illinois' largest health insurer, Blue Cross & Blue Shield of Illinois.
CEO Maurice Smith earned $34.4 million, a 23% increase from the previous year's total compensation of nearly $28 million, according to financial records obtained by Crain's through a Freedom of Information Act request. Smith's salary in 2024 dropped by $161,000, but he pulled in nearly $33 million in bonuses. The double-digit pay raise in 2024 followed a 26% raise from 2022 to 2023.
The raises, which are in line with traditional hikes in salary and bonuses at Chicago-based HCSC, came at a time when insurance premiums were skyrocketing and health care costs continued a decades-long escalation.
The pay hikes also came during a year in which HCSC recorded an increase in total revenue from $54 billion in 2023 to $62.8 billion in 2024. However, the company saw its own benefit expenses and administrative expenses rise and its insurance underwriting post a loss of $572 million dollars, compared with a gain from underwriting in 2023 of more than $1 billion. All that led to net income of $659 million, down 54% from the $1.445 billion in net income in 2023.
Smith's compensation eclipses his counterparts at publicly traded, nationwide health insurers.
The average CEO compensation across seven leading companies in 2024 amounted to $20.9 million, up 1% compared with 2023, Crain's sister brand Modern Healthcare reported.
Total compensation increased for the chief executives of UnitedHealth Group, Cigna, Centene and Molina Healthcare, while it declined for the CEOs of CVS Health, Elevance Health and Humana, according to filings with the U.S. Securities & Exchange Commission.
UnitedHealth Group CEO Andrew Witty led the pack with $26.3 million in compensation. His compensation rose 11.9%. Cigna President, CEO and Chair David Cordani and Centene CEO Sarah London saw double-digit percentage increases in their total pay to $23.3 million and $20.6 million, respectively.
The 10 highest-paid employees at HCSC received a combined $104 million in 2024, up about 17% from 2023.

Does anybody really believe we'll have more layoffs this close to Christmas? Because I don't.

I left in January because the environment had become way too toxic, and now a new offer just landed in my inbox. The offer itself looks solid, but I am really unsure about stepping back into a place that pushed me out in the first place. I am hoping someone who stayed can give an honest read on whether things are actually better or if it is still the same mess I walked away from.

Stankey unloads Time Warner at a massive loss and passes on this loss to employees. The new owners of Time Warner start a bidding was and make a massive profit. Well done Stankey. Can’t even blame it on Stephenson - divestment if Time Warner is on your watch.

This "leadership" keeps cutting people and stacking the leftovers on whoever stays. They already started again, and I am determined not to take on another unwanted task. We all kept absorbing the hit and pretending it was normal, but that ends for me today. If pushing back puts a target on my back, so be it.

Today’s S&T townhall was a masterclass in corporate spin. They bragged about “wins” and “momentum,” but flat-out refused to address the mess happening behind the scenes. Not a single word about the plants being shut down. No mention of the layoffs already underway. No acknowledgment of the teams stretched thin or the projects that failed.

Leadership acted like everything is perfect while people’s jobs are on the line. They know employees are anxious. They know closures are happening. They know cost-cutting is hitting hard. And yet they chose to pretend none of it exists.

This wasn’t a townhall — it was a PR show.
If PepsiCo wants any credibility left, they need to stop hiding behind glossy slides and start telling the truth.

I know our field folks will say that office workers are a bunch of cry babies, but I am really struggling with the new open seating environment that we went to post-reorg. Employee experience is an important way to keep people motivated, and Chevron not being willing to give me a permanent desk where I can keep a few things have some pictures of my kids says so much about how they care about employees. I have never felt more like a number.

I'm not naïve enough to think they ever really valued us but I don't think it's too much to ask for office workers to have a small bit of space for continuity for ergonomic safety, and so we don't have to lug our stuff home every night or jam it into a locker.

Let's save a bit of money by cramming more onto a floor, meanwhile c-suite bonuses continue be astronomical.

Want to invest so little in me? Don't expect extraordinary effort. Because you have demonstrated over and over that we are all expendable. And when other companies come knocking, I will think long and hard on if Chevron deserves my loyalty.

https://cigna.wd5.myworkdayjobs.com/en-US/cignacareers/?Location_Country=c4f78be1a8f14da0ab49ce1162348a5e

look at the list of people they need in India. if that's your current role then you might want to start writing to your senator, to Trum, etc and let them know about this. because once you get laid off, you will have to sign something saying you can't retaliate, etc, if you want your severance.

People are losing their jobs and we get nonsense holiday parties, harpists playing in the lobby and piano concerts. I have never seen such a tone deaf company.

There’s no massive layoff wave in Wisconsin, but plenty of smaller and mid-sized cuts across different industries are creating a lot of uncertainty. If economic pressures continue, more job losses are definitely possible.

This is not getting better. Time to get out and cut your losses. Nothing is going to change for the better. They have had their chances to do this. Never happened.

At least over the Christmas / New Years holiday you have time to retool and reassess what you want to do.

There is no logical reason under the sun to stay here. Because sooner or later you will be affected and simply be a casualty of this industry.

Make the decision to leave, your decision not theirs. At least you get out with that decency.

Not the place to be guys. Times up totally. The writing has been on the walls for a long time. Sometimes it just takes someone to tell you to read what was written and understand it.

No gold medals for staying here. Just swift kick in the head with an iron boot.

Let’s be real the whole “V Team” notion is a joke.
The new CEO walks around sipping his coffee talking about at least when Verizon lays off people before Thanksgiving, they don’t do it by text message they do it by a phone call. Yay, thank you Dan. This guy is so full of himself.

Then he lets you stay on the books to work during the holidays while the people who stay talk about holiday parties, your mgrs ghost you and you get quietly removed from team calls. Gotta love it. I hope the people who made it, are watching how the laid off ones are being treated. It will probably be worse next time under this new CEO’s regime.