#layoffs

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GNT Thread

I work in GNT, below is what I’m hearing as of 10:30EST on 11/19. Please share what you are hearing in the comments.

  1. If your AD is getting cut, your ED will notify your AD first thing tomorrow morning, and then notify ICs on the AD’s team. Depending on your ED, they may give the AD the option to call ICs if the AD would like to make those calls themselves.
  2. If your AD is not getting cut, they will get a list after 5pm today and they will start making calls at 8am tomorrow. They may not send calendar invites, so don’t infer anything from that.
  3. Once everyone is notified, your AD (or ED if your AD is impacted) will set up a call with the survivors.
  4. This isn’t just layoffs, it’s also a major restructuring. Markets will be merged. I’m hearing that there will be restructuring/reorganization beyond markets being merged, but I haven’t heard any details.

This su-ks. It has been poorly managed. I’m sorry for everyone who will be impacted, and I’m sorry for survivors who are already spread thin and will be expected to take on inhumane levels of work. Each one of you deserves better than this. Be nice to your colleagues, give everyone a little extra grace, and make sure you have everyone’s contact info on your personal phone.


Uh Oh… The Numbers Are In, and They’re Screaming LAYOFFS!

Those earnings calls just dropped and… WHEW. If you thought things looked “meh” before, baby, we’re about to enter the Ugly Season™. ANOTHER round of LAYOFF is creeping up like a bad jump scare, so please — do NOT get too cozy in that ergonomic chair.

The corporate Titanic isn’t just sinking… It’s speed-running straight into the iceberg, Kmart style!

So instead of whining, here’s your survival kit — Update that dusty resume. Polish your LinkedIn glow-up. Tap your network like your life depends on it — because it might

Move FAST, fam.

Winter is coming… and so is HR.


Long Term Incentive stock bonus - is it real?

Can anyone confirm or deny if they actually got it? I thought only senior leadership and people managers got raises or bonuses last year and this year? It's going to be hard to keep ANYONE on long term let alone the talented people if there's another year with zero extra compensation for 2026.


What a strategy!

Saying “the strategy is working” feels almost like a joke. Illumina’s board has made a string of questionable decisions — approving the Grail acquisition despite clear EU regulatory risks, then later giving in to activist pressure and spinning it off at the lowest possible value. They brought in a CEO from a company with a decade-long track record of minimal innovation and stagnant growth. Now the focus has shifted to aggressive cuts in both capex and opex, trying to make margin expansion the only story to sell in the absence of real growth. RIFs have practically become an annual event.

Given all this, calling the current strategy a success is hard to take seriously.


How bad company has become under new Mckinsey CIO

It has become prisoners of Mckinsey. Mck folks have more info than employee. on an average there is 1 (employee) to 10 McK person in meetings.. think if McK people charge 400 an hr. how much they are minting. I am sure Mr CIO gets the kickback. This company is going to go down.


Vena's ego

Seems like this merger is only to satisfy Vena's ego. He knows he has to fire people and he is still making lifetime employment deals with the unions. He just wants to get this merger through to be recognized as "the first person who connected both coasts with rail". He will then quit like Boris Johnson had to quit after Brexit. He will be known, but at what cost?


Unfortunately there will be more in 1Q 2026

Its not over... even for those that survive this round. Keep your resumes and profiles updated and possibly, start looking.

Dan is the true hatchet man and only cares about the bottom line. He's gonna squeeze that extra $0.50 per share out come he-l or high water.

Stay strong people...


Citi wants desperate people as a preference.

Overall, being let go may be a blessing in disguise. Citi does not want people who WANT to be here but rather people who NEED to be here. People need a job that goes without saying after all you gotta pay the bills. Citi though, wants people who are really desperate like really lean on the insurance. This way management has more increased leverage against you. They can squeeze in the long hours all the while strongly insinuating to not make a big deal about it after all “you really need this job, so don’t rock the boat. How’s that insurance working for you that you really need.” Its always a tongue in cheek comment that’s uncomfortably laughed at, at the time, but the implication is still there.

There’s a mental formula that’s assessed I believe. The more kids you have, the more dependent you are on insurance, the more bills you have…..the more “they got you right where they want you”. The pressure can really be applied. Usually summed up with berating you in public on team calls so that the others can see and know to step in line or else.

I’ve been in 5 different teams over the years and have cycled through 9 different managers. Two of them were really awesome but they too saw the systemic toxicity and left to go elsewhere. The other 7 managers stuck around where they can thrive and their skills (bully tactics) are appreciated and leverages quite readily.


Dan and his brand (a special poem)

Dan sits high in the tower of glass,
Counting figures, trimming mass.
A whisper travels down the line
“Another round… this time it’s mine.”

He speaks of progress, polished and clean,
Of AI’s future and a workforce unseen.
Two years back he warned the crowd,
“It will leave many jobless,” he said out loud.
Now here he stands, the prophecy man,
Not stopping the storm..he is the plan.

People who built the network’s frame,
Names and faces..now numbers, just the same.
Their keycards flicker, the screens go black,
But profits rise, and no one looks back

Dan calls it efficiency, a modern shift,
But to those he cuts, it’s a stolen gift..
Security, dignity, years of sweat,
All erased in a corporate reset.

And when the machines finally hum in place
Where voices once filled a bustling space,
Maybe Dan will stand alone and see
That progress without people is poverty.

For a workforce falls not loud, but quietly
In email threads, and HR calls,
While a man in a tower signs and enthralls.

History won’t ask about stock or demand,
But who remembered the hands that built the brand.
And someday, far beyond Verizon’s span,
They’ll tell the story of a man named Dan
Who knew AI would hollow the land…
And led the march of the unemployed band

(Share yours)


Crystal Ball and SOLV layoffs

The reality of SOLV financials is gruesome. Revenue just north of 8 billion. Debt north of 5 billion. Bryan is a grossly incompetent and overpaid clown but he was dealt a bad hand thanks to Mike Roman. How 3M saddled a HC spin less than 25 percent of the original company was a master play in financial engineering.

Even after the only smart move Hanson could do in spinning off Filtration, his card deck is full of low cards. No aces of trump left. He's being pressured by a rich guy who may not live out the next four years of the "Solventum Way" given he's already 83.

The poster who wished SOLV had never been spun off is right. As bad as 3M is being run, at least the stock price has doubled under Bill Brown.

If you are still working at SOLV and see things differently, please pass the gummies. The layoffs will accelerate and not just be a Frank Shirley Christmas bonus special. No way can Bryan grow the top line when he's obsessed with cutting costs. The one good chance HCBG ever had of being special died when Bryan listened to the guy on the yacht instead of going all in for growth.

Meanwhile, cousin Eddie is getting the long desired management position he's always wanted, reporting directly to Heather. The two would make a great tag team in the WWF of overpaid and overweight execs.


Net earnings of $19b isn't enough?

It's all about bumping the stock so the execs get their "rewards"

Given hatchet man has been on the board for 7yrs he deserves as much "credit" for the stupid cr-p that's gone on than anybody.

Now he comes to save the day? It's all about the Benjamins, hatchet and his buddies will make serious bank while many people have their lives close to being ruined.

Good luck to all getting the "hatchet" on Thursday.


Nokia wants to cut 427 jobs in France

"According to our information, Nokia France wants to remove 427 jobs using the collective conventional termination procedure. According to a union source, this represents nearly a fifth of the workforce, which amounts to about 2 300 employees at its sites in Massy (Essonne) and Lannion (Côtes-d’Armor)."

https://www.lemonde.fr/economie/article/2025/11/17/exclusif-nokia-veut-supprimer-427-postes-en-france_6653798_3234.html

https://www.reddit.com/r/Nok/comments/1p07n29/nokia_to_cut_427_jobs_in_france/


I hate how the NDA project got pushed back a quarter because I feel that's going to affect EVERYTHING

It was supposed to go live in February however, I guess sh!t didn't get done fast enough or something, and has been pushed back a quarter. I think it's May or something now, idfk... JC literally said "to be clear, this won't be pushed back further." - aka if it's not, heads will be flying.
At least that's what I've been told by someone who is part of the NDA thing, so i dont know how true this actually is.
but this NDA thing has been Dell's NUMBER 1 PRIORITY for the last year and so I'm worried because it got pushed back, this will affect raises, or even cause more layoffs than usual in Feb.


If you really can't wait to find out

Go to your directory find your SD go to each AD that reports to them copy them all onto a spreadsheet including the managers since their on the chopping block too. Riff at least 20% from that list after rack and stack everyone if you fall into the bottom 20% then you know the answer.

I did that last Friday and I'm good too go for now.

My 20% was about 16 people across 5-6 managers

Do with that what you will


Chicago-based Oak Street Health to lay off 219 workers

Chicago-based Oak Street Health is laying off 219 people early next year as its owner, CVS Health, restructures parts of the business and closes health centers across the country.

About 80 of those employees are in Illinois, and the rest report to people who work in the Chicago office, said spokesperson Amy Thibault, in a statement.

https://www.chicagotribune.com/2025/11/18/oak-street-health-layoffs/