#layoffs

We can’t afford to pay engineers and techs but we can afford to pay someone to send out these stupid emails??? GTFO no one reads this sh-t.

Enterprise tech, Wealth, WI, Brokerage have been tightening the belt it seems.

They already know who's on chopping block with Boston office relocating to sea port, NC already at capacity.

So why not let associates know who's impacted?

There are people in the team who barely do anything, never show their face on cam, always working from home.

These guys have been coasting for a better part of 3 years now,
While the actual high performers have been living in stress, anxiety, and uncertainty.

Looks like there are major cuts on the horizon with the mood somber prior to holiday party, no one seems excited as they used to 4 years back,
Certainly not as excited as they were last year.

Lost 1/2 the value
Created a seriously toxic environment
Off-shored Countless Jobs
Made a lot of bank
Fu---d this place up
Drove out the best of the best
Hired a bunch of mo--ns
Made a lot more of bank
Made like 3/4 of the people scared they will loose their jobs
Fu---d this place up, team! GO Fuchsia!

"The strategy is solid, the momentum is real and I’m fully committed to seeing this through until we name my successor" (help, get me out of here, stat! AAR please!)

Expect significant re-organization followed by cuts in 2026. It's a pattern repeating itself.

https://www.yahoo.com/news/articles/ups-lay-off-70-employees-212018381.html

Well, 2025 is almost over and Belk has survived another year ! It’s amazing how we can keep cutting, year after year, and everything seems to just function fine. well, ok not fine, but belk is still operating! Soon we will have no employees working at all, we are now thinking of using chimpanzees in place of human beings, what do to all think? I think it’s a winning idea !!!
2026 should be a year of dramatic cuts.. first I would like to have absolutely no visual merchandising standards in stores. I have the brilliant idea of throwing all merchandise inside of large bins and let all customers fight over it. Kind of like a scavenger hunt? What do you think? As far as benefits and pay increases are concerned, I want to cut cut cut cut cut…..let’s offer the standard 2% raise, but then cut paid time off even more! What a brilliant idea! Here I am babbling on and on.. as far as Belk’s top brass is concerned, it’s been a great year!, six and seven figure salaries, top tier benefits, bonuses and lots of perks, I hope everyone will enjoy their store meals on Black Friday! Don’t forget to keep the cost under $9.99 per person!!!! Deli meat, cr--kers, and Kool Aid should be in the menu! gobble gobble, kluck, kluck…

Hugs and Kisses,
Donnie

How will those of us that have been displaced (October) be remembered for incentive allocations that are happening now (finalized in January)? Will leaders just need to remember us that have been displaced or is there an organized process perhaps led by HR to advise managers so they don't forget us?? I was a top performer.

Why isn't there a hiring freeze after (and before) such huge layoffs? I can see hundreds of openings, some added last week. How does that make sense?

I was just scrolling on the internet and I saw this site where people can take a poll and comment on the latest layoff, maybe it might help. Thelayoffradar.com

what is going on with ATT prepaid/cricket. A lot of upper management in corporate have been leaving in the last few months. Top positions…. Why and are we expecting to see layoffs on the ATT prepaid/cricket channel

Some are summoned, some are spared! the flame alone knows why.

Do you think there will be layoffs due to different marketing groups merging and/or consolidating?

Verizon is cutting about 168 jobs in Washington state, including analysts, engineers and retail workers. Many of the affected positions are at stores that are being divested or converted to franchise locations, which removes those employees from Verizon’s payroll. The article notes that the cuts follow wider restructuring at the company as it strives to improve financial performance and compete with rival carriers.

URL: https://www.geekwire.com/2025/verizon-layoffs-impact-168-workers-in-washington-state/

are we crash landing or what, make your predictions below!

I mean, the FUD on this damn site strikes me as entirely fake. Everyone talking sh-t about risk layoffs (yet to see any big ones), now this week "more layoffs" (again, yet to see any..)

Sigh

Which one is the most important factor in layoff, is it age or salary.

Two guys with same work function - one is 60, the other is 25.
The 60 year old guy earn less than 25 year old guy.

Heard there were some individuals in WV who got let go last week. What is going on?

People who are now working for unions, is there any info on how to get one started where there is non-union only? I see the only people that are gone are basically non-union. Is it good? Why would we not start one?

Looks like a certain group didn't do so well with their prime customer. I'm hearing some of the mucky mucks are deciding to make changes in headcount based on who's taken the most time off. Silly rabbits. Who's running this place?!

30 SMs in Germany and 12 in Poland

Hearing conversations about more reductions in January. Verizon is a monster.

Lets see who gets it right:

I keep hearing mid February. Sales team will be effected big time.

Who agrees?

The Wall Street Journal’s Patrick Thomas reported that “Tyson Foods, America’s largest meat supplier, is planning to close one of its largest beef-processing plants in Nebraska at a time when a cattle shortage in the U.S. squeezes meatpacking companies. The Lexington, Neb., plant employs roughly 3,000 people and can sla-ghter almost 5,000 cattle a day, according to industry estimates.”

“Tyson is the first of the big four meatpacking companies that process 85% of beef in the U.S. to close a major plant during the current cattle supply crunch,” Thomas reported. “Meatpackers including Tyson have been losing hundreds of millions of dollars processing beef because of the lowest amount of cattle on U.S. pastures since the 1950s.”

https://farmpolicynews.illinois.edu/2025/11/tyson-closing-major-beef-processing-plant-in-nebraska/

I survived, but I’m completely fizzled out, and I don’t care about the work or whatever comes next. Watching so many people get cut, many of them after years of hard, dedicated work, doesn’t motivate me at all. If anything, it just made painfully obvious what we all knew - being invested gets you absolutely nothing in return.

I’m sorry for the people who were let go, mainly because options are limited and life keeps getting harder by the day. Not because this job mattered, or should have mattered, in the first place. It all feels pointless.

OWBPA requirements (EEOC):
https://www.eeoc.gov/laws/guidance/age-discrimination-older-workers-benefit-protection-act

OWBPA explanation (U.S. Department of Labor):
https://www.dol.gov/agencies/oasam/centers-offices/human-resources-center/owbpa-guide

I don't remember getting any of this sort of information when I was laid off a few years ago. Anyone else?

Mid level management cant get a pay raise to even cover cost of living.

If money is what you work for at Hertz then knowing that the CEO makes $35 MILLION DOLLARS a year and the Fadman makes nearly half a million per year if not more, don’t be upset!
Keep the management struggling and starving then wonder why your revenue is down while you all sit pretty in your big houses with your boasting of Verizon wireless plans on LinkedIn.
It’s sickening how out of touch these people are-know your audience and pay your people!

It's Over and out to the Verizon Layoffs site until the next RIF. I'm totally burnt out.

To those still here @Verizon, see you soon!!

Cause they will never ever have layoffs.

Oh BTW said no one ever.

Layoffs January 2026. Book mark this thread

Wealth management company Cetera Financial Group laid off a “small” number of employees to streamline its operations, a company spokeswoman said on Friday. Cetera, owned by private-equity firm Genstar Capital Partners, also conducted layoffs earlier this year. The latest round didn’t affect teams that support Cetera’s thousands of financial advisors, the spokeswoman said.

https://www.barrons.com/advisor/articles/cetera-layoffs-f4a234b2

Brutal timing but this is a yearly occurrence at this point

From here, it’s only going down. Everything is changing so fast, and we’re nowhere near keeping up. If you’re smart, you’re already hunting for a new opportunity, because waiting around is just going to mean going down with this ship. At this point, it’s not a question of if it sinks, but when, and being proactive is the only way to have any control over what happens next.

Hyster-Yale is laying off part of its workforce, and the job cuts will impact eastern North Carolina.

The company will reduce its global workforce by 575 employees, including layoffs of more than 100 employees in Pitt County.

https://www.publicradioeast.org/2025-11-24/forklift-maker-announces-more-global-layoffs-greenville-location-impacted?_amp=true

SB, aka Bandy, closed the last Town Hall with a sort of “Trust me, bro” line.

Fitting, because that’s basically the financial strategy right now: trust us while we borrow new money to pay old debt and hope nobody asks why the interest bill keeps climbing.

Xerox isn’t running a literal Ponzi scheme, but the behavior rhymes: fresh debt replaces maturing debt, each round more expensive than the last, with no cash flow to reduce anything on its own.

Let's not forget some of SB's “stellar” performances in this Ponzi-like scheme:

• In September 2023, SB borrowed $500M to buy back from his lord and master Carl Icahn (a legendary activist investor who had fallen on hard times and was wrong not by decimal points but by several orders of magnitude in his calculations to buy HP) his stake in Xerox;

• In late 2024, SB borrowed another $220M to buy ITSavvy, the company then and nowadays run by a friend of the now-departed COO John B (still a board member though);

(Meanwhile, days later, SB indulged the whims of the also now-departed Chief Disruption Officer and wasted $10-20M on sponsoring the Aston Martin Aramco Formula 1 team, which wouldn't even win a Hot Wheels toy car race)

• And even though 2024 wasn't over yet, SB had time to plan how to borrow more money to acquire (well, rather than “acquire”, I would say “pay to be managed by”) Lexmark: close to $1B of extra liabilities for a company that lost about $740M last year.

SB & Friends claim they’ll pull out $200–300M in “synergies” by cutting overlapping functions, closing facilities, and shrinking corporate overhead.

Without those savings, the debt load gets heavier, interest expense keeps rising, and refinancing becomes harder. It’s that simple.

SB & Friends keep repeating the synergy story like it’s guaranteed.

It isn’t.

It requires flawless execution, discipline, and no surprises—things they know very little about.

Meanwhile, the core business is falling off a cliff. The only thing keeping this train moving is access to credit markets and the hope that lenders keep buying the story.

So yes: when the CEO says “Trust me, bro”, what he’s really saying is: “You are going to take a leap of faith and BELIEVE that the cuts will be implemented quickly, revenues will stop declining, and lenders will continue to be friendly”.

Except the lenders are not staying friendly anymore. S&P Global Ratings just cut Xerox’s credit rating to CCC+.

For those unfamiliar with S&P credit ratings: on a scale of 22, with 1 being “Prime” and 22 being “Lousy” (default, no money to pay bills anymore), CCC+ is 18.

S&P are also warning Xerox will burn $170–200M in cash this year and carry a debt load more than 7.5 times our earnings.

Put it in the simplest terms possible: the rating agency thinks we’re borrowing money just to stay alive, and that if anything goes wrong — if synergies slip, if revenue drops, if refinancing gets delayed — the whole structure can fall apart faster than any PowerPoint slide can explain.

At this point, the person who says "Trust me, bro" is in fact the last person you should trust.

If you are using this event to create DEI theories around how individuals were impacted, then you are either an extremely stupid person or a horrible person.

Using such mass suffering to push your propaganda- shame on you

I've heard ADS is planning cuts next month, is it true?

Unless you’re dancing with the cobras, your job is in jeopardy.

Offshoring is cheap now. But you get what you pay for. No innovation. No advancements. No improvements. There is an overall lack of understanding of US culture, well being, and best business practices. Metlife investors will suffer as the co continues to lose ground to competitors.

Is AI determined who to lay off now?