#layoffs

Posts mentioning hashtag #layoffs

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Have we lost our biggest asset? People?

As our company fights for direction under this clueless CEO with the motto of “ Do less with less” and the leadership that has no concern for morale or wellbeing of employees it is alarming of the feedback among the people actually doing the work how unsecured everyone feels!!!! It’s no secret that our GOA wells are declining and we have no major plans in sight to keep the pipelines filled. Something big is brewing and we are left in the dark, word on the street is a major change in 2026 is coming.


Has Splunk lost its way?

It feels as though the Splunk BU has drifted off-course, guided by a weak leadership style that inspires more confusion than confidence. In all-hands meetings, what should be moments of clarity and direction often dissolve into polished evasions—answers that circle the runway but never land.

The repeated waves of layoffs have drained the teams of their momentum, leaving many people quietly eyeing the exits. No one seems to understand how decisions were made, and the cloak-and-dagger secrecy around criteria and RIF counts only deepens the anxiety.

Managers now echo the same rehearsed line “I wasn’t involved; the list was made from above without my input" as if it's become part of the official script. The result? A business unit that feels like it’s running on fumes, with trust evaporating faster than morale can be rebuilt.


Layoff running totals based on Slack

Tracking participants count #general Slack channel in Oracle One workspace, as the fastest available proxy indication of ongoing layoffs.

  • nov01-nov30: 1614 layoffs, 1327 additions (based on Slack regular tracking)
  • oct01-oct29: 1950 layoffs, 1689 additions (based on Slack regular tracking)
  • sep02-sep30: 6275 layoffs, 861 additions (based on Slack regular tracking)
  • aug14-sep01: 733 layoffs (based on Slack very few data points)
  • aug01-aug14: ?2900 layoffs in IDC (based on media reports, no public info about other locations available)

Regions outside IDC and NA usually have a significant delay when laid off people are disconnected from Slack (e.g. 1 month in Pacific regions, perhaps longer in some EU countries), so this is a floor estimate with additions reflected immediately, but reductions lagging behind on average.

I will post daily in comments on the count change and running current month total while this post is still on the first page.


Wells Fargo - once a great place to work and profitable, no matter the economy...

Be real. Wells Fargo made money in up years and bad years. It was due to the various lines of business they had. It was a highly conservative and well balanced business plan. Norwest Bank, and then Wells Fargo, was a premier place to work and to put your trust. Until the new management and "new profit" centers were brought in. At that point, the bank, which had been steadily profitable, and a great place to work, began to break down. New managers, who's only thought was the latest FAD, were put in place. Accelerate that to today's situation, and you can see that Wells Fargo has become just another Citi, just another big corporation that is only organized to make money for shareholders. Many long time employees have left. Many have been terminated. Many have been laid off.
You can see where this is going. Fast forward to some unknown economic issue, and the bank is caught flat-footed. Losses. Huge losses. Due to new direction and lack of diversification. All straight line responsibility to the "new management" that have arrived, similar to locusts. Yes, locusts. You see, they bring their fellows. you know, the "yes men" who give good subservience but don't call out the risks. And then, everyone is surprised when the dominoes fall.
What a joke.


Severance is designed to silence you.....

Beware! The language in the severance plan is designed to silence you and whatever you have suffered under the WF new "management" style. Its all designed to cover up what they are doing and how they are doing it. Getting rid of long-term, loyal employees and then hiring outside the USA or worse.
Current management in this case is complicit in the overall scheme. They know who is buttering their bread, and frankly, its not the folks who've made the bank successful. Nope. Its the new team, those who came like locusts from other banks.....and who are now reaping bonuses for replicating where they came from. Yes! You guessed it, WF is not getting to be "leaps ahead", no they are just catching up. To jump ahead of the banking group, you'd have to have original, out of the box thinking. And ability to tolerate risk. All of which....the current leadership lacks. And given the brain drain, well then. I think we can all agree.....there is little upside from here.


US job cuts surged 183% in October to a record 153K

U.S.-based employers announced 153,074 job cuts in October, up 183% from September and up 175% from October 2024, according to job placement firm Challenger, Gray & Christmas.

“This is the highest total for October in over 20 years, and the highest total for a single month in the fourth quarter since 2008. Like in 2003, a disruptive technology is changing the landscape,” said Andy Challenger, workplace expert and chief revenue officer for Challenger, Gray & Christmas.

https://finance.yahoo.com/news/us-job-cuts-surged-183-123000806.html


How are you all coping in the aftermath?

We lost two people on our team who were solid in every way, reliable, hardworking, the kind you could trust with anything. Now the workload is barely manageable. And after seeing how the layoffs were handled, I have zero motivation to go above and beyond. The only thing keeping me trying is the rest of the team, who’ve all been great to work with. Still, it’s hard not to think that any of us could be next.


2026- CEO Farmer Rides His Golden Parachute!! $140 Million could save a lot of our jobs!

Farmer destroyed Comerica, and is riding his golden parachute of $140 million out of the burning carcass. The class action brought by HoldCo that highlights Farmer’s misbehavior and frauds is mind-boggling. We need to take action and join that class action. Farmer sla-ghtered our jobs (once Fifth Third takes over, at least 45% of us will lose our jobs).


Rockstar Faces Official Motion to Reverse Layoffs Amid ‘GTA 6′ Delay Concerns

  • 'Grand Theft Auto VI' was delayed again to November 2026, roughly around the time of Rockstar Games' layoffs controversy.
  • Layoffs at Rockstar Edinburgh cited confidentiality breaches; employees claim union organizing motivated firings.
  • City councillor and union push for fired employees’ reinstatement and financial support.

https://www.mensjournal.com/news/rockstar-faces-motion-reverse-layoffs-gta-6-delay-concerns


Northwestern to Pay $75 Million in Deal With Trump Administration to Restore Federal Funding

President Donald Trump's administration had cut off $790 million in grants in a standoff that contributed to university layoffs and the resignation in September of Northwestern president Michael Schill.

https://www.usnews.com/news/us/articles/2025-11-29/northwestern-to-pay-75-million-in-deal-with-trump-administration-to-restore-federal-funding


2026 Layoffs! Get Ready!

Boeing plans to lay off approximately 17,000 employees, representing about 10% of its workforce, in response to ongoing financial struggles and production delays, with significant impacts expected in 2026.
The layoffs are expected to affect employees across various levels, including executives and managers. This move is part of Boeing's efforts to stabilize its operations and address the financial strain caused by the prolonged strike and production setbacks. The company is also facing rising healthcare costs for employees, which may further complicate its financial outlook in 2026.


Layoffs and RTO

When are we going to call out this company for doing small layoffs to stay under the WARN number to keep it quiet and implementing RTO to make our lives miserable so that the EC gets the attrition they are looking for? Rick said no plans to change RTO in 2025 because he knew he was going to change it for 2026 and no large scale layoffs because he has a bunch of small scales ones planned. He doesn't want to be called a liar like Walt was but I'm tired of them not being transparent about what they have planned. This place used to care about employees but now its the same corporate McKinsey nonsense we see everywhere else. Executives getting insane amounts of stock compensation and trying to make it sound like we are getting a good deal getting less than three percent raises and an extra 10 percent bonus. 100k comp is comparable to 54k 20 years ago


They never thought about the viability of teams

Most of these layoffs made zero sense. Some teams were cut down to the point where they can barely function, and what’s worse is that a lot of the experienced, genuinely skilled people were the ones let go. Now whole groups are missing critical roles, people who actually knew how to tie things together and solve problems because they’d built that capacity over time. It’s not just about losing headcount, it’s the quality we lost that hurts the most.


Programs

We had a patient call the office and stated that she did not understand why she’s being taken off the supportive care program. She switched from a different insurance to a United healthcare advantage plan just for the coverage and whoever she spoke to just advised her that Wellmed supportive care is not accepting United healthcare so there’s no coverage for the supportive care within her benefits. It seems like they are letting the patients know in advance so they can transition back to the clinic and get scheduled in office before they do the layoffs.

Just a thought. Next round might be 12/18


Ford EV Plans

Ford canceled the F150 Lightning program. The new EV from LAP KY won't launch until 2027. The replacement EV truck in TN won't launch until 2028. What will happen to the BOSK battery plants in KY and TN. Layoffs will start soon if not after the new year.