#layoffs

How many were impacted in total?

Me and few in my org effected and other are on visa program got protected. What does this mean?

starting this thread for the discussion

Rising living costs, layoffs at VZI, increasing medical expenses, and growing family responsibilities are making life increasingly challenging , especially in metro cities. Cost-cutting by VZI only adds to the pressure.

There are so many trolls trying to distract from the really important discussions around (potential or real) layoffs and how to cope. Please stop this. The important discussions are drowned out.

Two kinds of distractions are especially not needed: fake Indians (used to discredit Indians instead of focusing on the real opponents: the board and upper management), and na-i postings (often referring to the AfD, which is a really despicable lot of people no decent person would ever want to have contact with).

Stop this trolling. Do not drown the important discussions with this drivel.

Thanks.

A whole bunch of people in Integrated Services are being asked to interview for jobs. The implication being, if you don't find a job you are no longer employed.

You can argue about the value of Integrated Services, but this is a cr-ppy way to treat people. It is sad that the company is starting to use these tactics.

This is what happens when consultants with very little real people leadership experience get to run the show.

Nothing like delivering a 900m quota for PS and laying off project management, consultants and all of ps sales. Hate tac well hope you love them now because partners always misconfigure

It will be a bloodbath

If you have PowerPoint skills and thrive under the pressure of being laid off, please apply.

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

• jul01-jul31: 2975 reductions, 1736 additions, 151101 (-1239) end count
• jun01-jun30: 1723 reductions, 1299 additions, 152340 (-424) end count
• may01-may31: 2271 reductions, 942 additions, 152764 (-1329) end count
• apr01-apr30: 2286 reductions, 1583 additions, 154093 (-703) end count
• mar01-mar31: 12446 reductions, 844 additions, 154796 (-11602) end count
• feb01-feb28: 943 reductions, 1143 additions, 166398 (+200) end count
• jan01-jan31: 1604 reductions, 1834 additions, 166198 (+230) end count
• dec01-dec31: 1119 reductions, 844 additions, 165968 (-275) end count
• nov01-nov30: 1614 reductions, 1310 additions, 166243 (-304) end count
• oct01-oct31: 2498 reductions, 1768 additions, 166547 (-730) end count
• sep02-sep30: 6380 reductions, 861 additions, 167277 (-5519) end count
• aug14-sep01: 733 reductions (based on Slack very few data points), 172796 (-733) end count
• aug01-aug14: ?2900 reductions in IDC (based on media reports), 173529 (-2900) end count

Limitations of these stats are covered in detail in comments.
I will post daily in comments on the count change and running current month total.

There is a troll trying to impersonate me and post fake Slack stats; protection measures are covered in the first comment.
My public key used to prove identity: ssh-ed25519 AAAAC3NzaC1lZDI1NTE5AAAAIPh3BL62QOGXk95TzS980uSckZd1M5YPGqouR0iHWumB slack-stats

Here comes more bloat and more LRs at CISCO

This doesn’t apply to any other BUs but confirmed no LRs in August for Wireless. Holding on to Wi-Fi 8 and MCG for dear life. The AI stuff is just window dressing but it opens doors so they will keep at it. Lotsa openings in India, but hiring there is slow.

Tick tok... amazing how Congress is zeroing in publicly on Verizon/Jack Smith artic frost.

Amazing Hans fired when first surfaced.... other Execs named who ate no longer here either.

Finally, the Vz Board gets exposed on Hans failure.

I know people don't want to hear that but it's true. Hear it out.

BAIN is running the company now. That's why there is such a stark deviation from the way Dell has always operated in the past. Bain & Company is one of the top global Management Business Consulting firms - emphasis on the term "Business Management" since Dell has exercised very little of that discipline up until now.

Rest assured BAIN is going over the portfolio with a fine-toothed comb. They are looking at delayed and failed projects. They are looking at the number of employees per project. They are looking at burn rates. They are looking at abysmal productivity ratios. They are looking at fixed, variable, and sunk costs associated with underwater ROI for numerous projects that have failed year in and year out.

The truth is Dell operated with little to zero accountability in the past. Now there is accountability and people are surprised?? It should be the other way around. We should all be surprised it took MD this long to clean up the fat, the bloat, the waste, the inneficiencies, the lack of execution, the lack of accountability. And whether you want to believe it or not, he's cleaning it up to get the company ready for sale before he retires.

Granted, Wall Street loves these types of moves because layoffs in particular artificially prop up EPS on the income statement. Investors love that. However, when there's no one else to lay off, and productivity is still floating around 3%, Dell is dead in the water. That's a fact! That's why MD is trying to sell pieces/parts before it caves in on itself. Dell has run its course.

BAIN Is calling the shots now people. Get used to it. The more layoffs we have, the more you can assume long overdue waste and bloat are being discovered in the numbers.

Share price collapsing. The earnings call was all about cost cutting, move to AI. Expect major job cuts.

Any word if there will be a 2nd round sent out for voluntary leave? I am SO regretting not accepting that offer!

What is going on with Small Business Banking? The company has laid off a number of branch based Small Business Specialists and have begun hiring phone based Small Business Specialists along with more branch branch Small Business Specialists?

These guys tricked all of us investors for years, and now it is time for them to go and to bring Hock Tan in. He is the only one who can save this sinking ship.

Is the plan to actually integrate/onboard them or replace them with H1-B hires in India, once their systems have been brought over?

There doesn’t seem to be any plan, from what I can tell. Seems like they are trying to figure out what to do with the NatGen folks. Or maybe they aren’t in the plans for the future, and that’s the reason.

Curious to see what restructuring has occurred. Please share and let us know market.

Are the business update meetings going out yet? Someone in this forum previously said first week of Aug would see some layoffs. That's next week. Any updates?

Employees deserved better. Shareholders will be next to take the brunt. Dell is dying

Hearing IBM canceling all travel and pulling out of conferences. How can we sell if we can’t meet the clients? Setting up disaster for q4 and beyond. Guaranteed brutal actions are next.

Morgan Stanley has merged its Field Risk and Service units within its wealth management division. This consolidation aims to streamline operations and improve collaboration among staff supporting financial advisors. While the total number of affected employees is unspecified, some regions saw a significant portion of these operational roles eliminated. The company stated these changes align with its strategy to scale its operating model. These layoffs are distinct from a broader reduction in force that occurred in March.

https://www.advisorhub.com/morgan-stanley-lays-off-field-risk-service-staff-in-wealth-unit/

BP is planning to eliminate approximately 700 non-frontline positions as part of a strategic restructuring. This move aims to simplify operations, reduce costs, and enhance profitability. The majority of these affected roles are office-based or support functions, not those directly involved in production. This workforce reduction aligns with BP's renewed focus on its core oil and gas business. The company is prioritizing efficiency and financial performance in its ongoing turnaround strategy.

London, United Kingdom

https://www.ndtvprofit.com/business/bp-layoffs-oil-major-to-slash-8-of-non-frontline-production-jobs-11844108/amp/1

Rogers Sports & Media recently laid off 230 news media workers across six radio stations nationwide. This action followed the company's significant investment in Maple Leaf Sports & Entertainment. Union representatives criticized these decisions as prioritizing corporate interests over employee welfare. Negotiations for collective agreements had been protracted, with allegations of stalling tactics by the company. The layoffs highlight concerns about the future of local news coverage in Canada.

Vancouver, BC

https://pressprogress.ca/rogers-layoffs-stemmed-from-corporate-decisions-taking-precedent-over-workers-union-says/

Rosenberg city leaders are contemplating service reductions and potential layoffs to address a significant budget shortfall. The city faces a $2.3 million deficit, prompting discussions about raising property taxes for the first time in nearly a decade. Mayor William Benton has expressed opposition to any tax increases. A proposed budget is expected by Friday, with a tax rate increase vote scheduled for August and the final budget vote in September.

Rosenberg, Texas

https://cw39.com/news/local/rosenberg-faces-budget-deficit/

Many companies are regretting recent layoffs that were attributed to artificial intelligence. Studies indicate that automation has not fully replaced human expertise in critical areas. As a result, a significant percentage of employers who reduced staff due to AI are now considering rehiring. This trend highlights a recalibration of workforce strategies, balancing technological adoption with essential human skills. The findings suggest a growing realization that AI's impact on job displacement may be less than initially anticipated.

London, England

https://www.peoplematters.in/news/business/55percent-of-employers-regret-ai-layoffs-gartner-predicts-more-rehires-by-2027-51167

Can someone please tell me if we didn't receive VSP offer, what does it mean? Wasn't targets met? Didn't 1200 employees already leave Centene.

I didn't receive 08/12 meeting invite. What does that mean for the SC team?

When I was job seeking out of college my recruiter said "apply to DST last". Its the last place you want to go. Well I ignored the recruiter and went to DST. He was right. It was a poor option. Then ti have DST flub up the Cundiff/pension plan and get into a lawsuit....very bad form.

Looks like Dan's contract was extended to 2028.. so expect more of this "Change" coming... and now Mckenzie consulting is calling the shots for many groups.

Just head about the latest rounds of layoffs. Any word if Core Operations will be hit? Prayers up for anyone affected

Happened this morning, right when the day started. To all the dorks in here saying they're unsubstantiated rumors? no one is safe from global WFR's for the AI we've been training

Got my previously unscheduled 1:1 meeting invite for Monday today. This is going to be a big one.
I couldn’t care less about Dell so I’ll certainly share exactly what I’m told. I’m in the US.

How does it make sense that private companies receive billions in American taxpayer dollars to run government funded programs (like Medicare and Medicaid), but are then allowed to lay off American workers and offshore those exact jobs overseas?

1. How does this build our economy?
   When public funds pay for these contracts, shouldn't a primary goal be keeping those tax dollars circulating within the U.S. economy? Offshoring eliminates middle-class administrative jobs, taking wage tax revenues and local spending power completely out of our communities.

2. How does this benefit the average citizen?
   The standard corporate argument is "cost savings," but rarely do those savings translate into lower healthcare costs or better services for the public. Instead, taxpayers fund the contracts, domestic workers lose their livelihoods, and profits go to corporate margins. (Sarah)

3. Why are foreign entities allowed to manage our sensitive data?
   This is the most concerning part. Millions of members' Social Security numbers, home addresses, financial details, and medical/disability records are being accessed, processed, and stored in databases overseas. Even with Business Associate Agreements and basic CMS/HIPAA compliance, sending sensitive American data outside U.S. legal jurisdiction creates obvious security and privacy risks? Were we not just trying to ban TikTok for data reasons but sending our most private information is okay to send overseas?

Most of these are rhetorical as I know the main answer is that this is for millionaires/billionaires to gain more money and that they don’t actually care about the American people.

And Sarah if you’re wanting to reinvest into the company, why don’t you use some of your massive salary?

So, on to the next bandwagon Jim is jumping on: automation, and hard. AI is suddenly the solution to all our problems. Outsourcing is great, but in 5 years when 85% of white-collar jobs are in India and the remaining 14% are on H1B visas here in America, who is going to replace them?

I wouldn't be too worried; these things go in cycles, and Jim has to look busy and visionary for his boss. What just amazes me is how they haven't caught on that the company's real profit-makers weren't even conceived by him. Zero ideas hatched by him and his team have actually done anything positive.

I'd be a little more concerned with the executive team, their friends and new hires. A criminal has managed training in both Marketing and now oversees Finance training. Look it up—she's been convicted of defrauding companies. But hey, she may be sadistic to employees, but she's a friend of the new CFO, you know, from that tiny car company (or was it a software company? Not sure Lucid even knows...).

https://www.theguardian.com/media/2005/jul/14/advertising1

This company has gone in a very weird direction. We have LL2s with no common sense or understanding of what manufacturing actually looks like, and C-Suite individuals with zero understanding of manufacturing, coming from companies that weren't even best-in-class for their own areas.

DEI was fun while it lasted. Interestingly, a significant portion of the current LL3 and LL4 leadership secured their positions through this initiative. Now, some appear to be distancing themselves from their past involvement, as it has become evident that a few individuals actually we-ponized their influence against others.

Ford — Start treating your people with dignity and respect. Use some common sense, like your parents did, and you might eke out survival. Quit playing politics (you're all terrible at it), or hire some political consultants to help you clean up your act. Fire the incompetent, fire the criminals, and fire the ones that don't embody good, old-fashioned family values and morals. At least show the public you've turned your act around to save yourself a shred of dignity in the community.

Schnucks will close its last company-owned warehouse in Bridgeton, Missouri, next year. This closure will result in the layoff of nearly 60 Teamsters Local 688 members. The company is transitioning away from operating its own warehouses. Schnucks has provided eight months' notice to affected employees. The union plans to begin effects bargaining in early August.

Bridgeton, MO

https://labortribune.com/teamsters-local-688-members-at-schnucks-facing-layoffs-amid-warehouse-closure/

Crescent Communities has implemented layoffs, attributing the decision to a slowdown in development investment. The company has not disclosed the specific roles that were eliminated. These workforce reductions follow a recent leadership transition within the firm. The exact number of employees affected by the layoffs remains undisclosed. This move signals a strategic adjustment by Crescent Communities in response to market conditions.

Charlotte, North Carolina

https://www.bizjournals.com/charlotte/news/2026/07/30/crescent-communities-layoffs-charlotte-developer.html

International Motors is preparing for significant layoffs affecting over 1,300 employees. The company has not provided specific reasons for this large-scale reduction. This action will impact a substantial portion of its workforce. Further details regarding the timeline and specific departments affected are expected. The company's future operational adjustments remain unclear.

Springfield, Ohio

https://www.wdtn.com/video/more-than-1300-layoffs-expected-at-international-motors-in-springfield/12021961/