#layoffs

People being laid off in Freising. Are you negotiating or accepting the offer?
I got 2 months of severance, not enough to wait for unemployment benefits.
If we don't accept can they fire us?

Let's turn back the clock a bit. Around ten years ago Dell laid off a lot of long time employees. Employees who had worked for the company for 15 years or more. As you would expect after 15 years, these were very well paid employees across all skill workers.

Dell was still a growing company and could have offered other roles to these employees. However Dell let them go. Needing a wealth of new employees Dell turned to India and the new hires received the kind of lower wages that new employee (performing the same job) would get as opposed to a long time employee.

Now here we are in 2025. Those H1-B hires are now in their tenth year. Through annual raises they are now a bigger hit to OPEX. Now comes Trump's new H1-B policy. So now Dell gets to layoff veteran and costly H1-B and blame it on the new H1-B policy. But now they simply run the same gambit of laying of veteran employees for new lower paid replacement and look innocent free.

It's like in that movie The Sting. Never let your mark know they were stung.

https://www.youtube.com/watch?v=e-Ecodxn5m4

Major tech companies including Meta, Google, Salesforce, Amazon, and Tesla continue to announce large-scale layoffs, often attributing them to advances in artificial intelligence. At the same time, firms are quietly expanding through H-1B visa hiring and outsourcing to countries like India, where more than 1.6 million people now work in global capacity centers.

Data shows Salesforce, for example, cut nearly 4,000 employees while bringing in roughly the same number of visa workers over the past three years. Tesla faces lawsuits alleging the replacement of thousands of American workers with cheaper foreign labor. Amazon, despite claims of automation, secured more than 12,000 visas in 2025 alone.

Executives benefit from this strategy: every announcement of “AI layoffs” drives stock prices higher and boosts their compensation. Policies such as the 2017 Tax Cuts and Jobs Act further incentivize offshoring by lowering tax rates on overseas profits.

While AI is genuinely replacing some jobs—particularly in content moderation, customer service, and IT support—corporations are also using the technology as a convenient narrative to mask cost-cutting and labor exploitation. Unemployment among U.S. computer engineering graduates has tripled in a year, and many new graduates are struggling to secure entry-level roles that have been systematically reduced.

The long-term risk mirrors the manufacturing exodus to China in the 1980s and 1990s: a hollowing out of U.S. jobs while overseas economies flourish.

Got laid off this past Thursday,along with half of my fab DMOS5-DMOS6
RFAB ALL TOOK MAJOR LAY OFF MORE TO COME I HEAR.

Layoffs tomorrow and all so they can keep bringing in Coach people who are overpaid and lack logic, nor have any history of true success…this board is part of the problem as well (somehow this seems to be overlooked).

The past year I've been settled in cruising, super productive, high touch customer engagement activities that were directly tied to a revenue stream, 5 rating all around, visibility up to my VP. The thought of a RIF was the absolute further thing from my mind. And guess what, I got that 15 minute appointment scheduled in my calendar a few Monday's back, and it all ended. So for everyone left at Oracle thinking you're untouchable because of what you do, think twice. You/we really are just a number and when your time is up, someone up high will punch your ticket and you'll get that tap on the shoulder from your manager.

If AT&T had:
Skipped DirecTV & Time Warner
Kept debt $250 B today
→ Same dividend dollars, but 2× per-share payout and higher equity value
This is the opportunity cost of “empire building.”

The acquisitions didn’t create incremental distributable cash; they masked stagnation until the balance sheet cracked.

So earlier this month, it was announced that Citi is giving BlackRock $80BN assets for them to manage, and in the process, will be taking some CIM portfolio managers with them as BlackRock employees. I guess Citi is ultimately trying to get rid of in-house management. However, nothing was said about the back office and support teams that support the CIM business. There has been ongoing angst in my team and other teams about potential layoffs. Anyone else work with CIM and have similar concerns? Or am I just overreacting and it will be "BAU" as senior management says....

Nobody's going to tell a group of grumpy old demagogues what to do, especially when their stock buyback tricks are working better than a speedcam during rush hour!

Insiders not buying or selling the stock means there is material public information they have. With there net debt at 3.7 Bill. I imagine it is at the finish line.

When organizations face the difficult decision of reducing headcount, it’s important to balance business needs with employee well-being. Instead of removing people randomly, one approach could be to create a “wishlist” where employees can voluntarily express interest in leaving.

This method allows:
• Employees who are ready for their next chapter to exit with dignity.
• Critical roles and talent to be retained for business continuity.
• The process to feel more transparent and humane, reducing uncertainty and anxiety.

Such an approach acknowledges that some team members may already be considering new opportunities, while others are deeply committed to staying. By aligning both organizational and individual needs, Dell can manage necessary changes with empathy and fairness.

Hey, laid off over 3 years ago. Just wondering what is happening at good ole(d?) Wells Fargo. Ran across this youtube short https://www.youtube.com/shorts/kqLz53z8Inc and thought that might be the situation.

Honestly, I don’t know what to make of Wayfair right now. The pay is solid and better than what I’d find elsewhere, but it feels like layoffs are always around the corner. It’s like every few months people are left wondering if they should stick it out or leave before they’re next. For those of us in North America, what kind of roles are most at risk? Is there actually a stable future here, or is it just about staying for the paycheck and dealing with the uncertainty?

And that email from Steve on September 16th… what was that? The message just didn’t sit right — some parts sounded like cuts, other parts like spending more money, and none of it made sense. Feels like leadership is saying one thing to us but doing another behind the scenes. Curious if anyone else feels the same or has more insight into where things are really headed.

First.... employee RTO mandates looming at Big Green while outsourcing many positions to contact labor that won't be subjected to RTO like employees. 🤔🤷🏻‍♀️

Second....
https://www.inc.com/joe-procopio/return-to-office-mandates-are-about-to-backfire/91244646

_

Is there even one? I can’t see any vision behind these layoffs. It just feels like the same old story - more work for fewer people, with nothing else really changing

The Trump administration is set to oversee the largest mass resignation in US history on Tuesday, with more than 100,000 federal workers set to formally quit as part of the latest wave of its deferred resignation program.

With Congress facing a deadline of Tuesday to authorize more funding or spark a government shutdown, the White House has also ordered federal agencies to draw up plans for large-scale firings of workers if the partisan fight fails to yield a deal.

https://www.theguardian.com/us-news/2025/sep/28/us-mass-resignation-federal-workers

It’s not like we’re entering some golden age of retail. Honestly, I’m terrified of what’s ahead. I’ve been looking for jobs for a couple of months now just to be somewhat prepared, and it’s discouraging. I have no idea how we’re supposed to pay our bills and feed our families if we end up jobless. Covering basic necessities is already hard enough as it is.

Catalyst business becomes highly sought after and Shell may actually get sold this time.

• Roseburg Forest Products has ceased hardwood plywood production at its Dillard, Oregon, facility.
• The closure results in the layoff of 107 union-represented employees.
• Other operations at the Dillard complex will continue, and the company is investing in other areas.

https://www.registerguard.com/story/news/local/2025/09/26/107-layoffs-roseburg-forest-products-hardwood-plywood-facility/86355908007/

My Brother was layed off. He's been with the school for 28 years. Many people who have been there a long time but not quite at retirement age were layed off. He said many students are upset.

Technology layoffs -

They will increase (substantially) into 2025 year-end, and into Early-Mid 2026 (and beyond).

Where (most) of the high salaries exist.

2025 (year-to-date) -

Layoffs - 539
Employees affected - 145,726
Number per day - 540

2024 -

Layoffs - 1,115
Employees affected - 238,461
Number per day - 653

https://www.thelayoff.com/t/1k1f210as

One more time I am telling across the organization, the cut will be close to 20 to 25K (Because they don't know AI) not 11K as you see in the media presently

But finance is already saying "math is not going to add up". I hope the sr leaders are cautious about hiring. Layoff should not be the new normal.

Asking why Americans are being laidoff while hiring h1bs at the same time

Seeing posts asking questions about pensions/retirement. I always go to them every couple of years to get an update on where I am. They can’t predict future changes in policy or your financial behavior but always felt like I was at least taking my yearly physical. With so many companies downsizing you probably shouldn’t wait until something happens in this current economy to get a decent reality check.

Train people in India/Engine.” Translation…”here’s your rope, now, go make your noose and when training is complete we’ll meet you at the gallows to hang you.”

This company and its current CEO has NO MORALS. If you’re fooled by the old days when Chevron was a reputable and excellent company to work for listen up! Us old guys can alert you young guys to the dangers that lie ahead. They will cut you off before your official retirement.

Use Chevron to job hop. If you don’t know what that is, learn on TikTok. Use them just long enough (2 or 3 years) to make starter money and get experience, then use that to land your next best job with higher pay….and do that 2 or three times to get your salary up so you can make really good money during your most productive years. Do this while you’re still young enough to get enough years in at a good company that has a history of allowing people to retire and collect a full pension. Chevron now has a pattern of eliminating the old guys once they’ve properly trained their replacements. I know, I was eliminated in their last round of layoffs and now in this latest round I’m watching really good people get eliminated, while they’re too old in a really bad job market in the US, to get rehired. They did it to me and I never got rehired. Retirement doesn’t look for me anything like I had envisioned. DO NOT believe for ONE SECOND that that pension will be paid out to you for a “full retirement.” It’s a carrot dangling on a stick to keep you hopping. Do not give them your best income-producing years believing in that pension!!!!! It’s as disgusting as a man who divorces his wife after their last child turns 18 so he can avoid paying child-support and only have to pay alimony. This is NO DIFFERENT. Don’t be their bi--h.

If you quit by 35 or 40 you can still get part of your pension and you’re young enough to use your Fortune 500 experience to launch into a company that has a better history of allowing it’s pensioners to retire with dignity. Chevron now has a trend of “restructuring/reorganization” every five years to hire cheaper workers and cut off pensions. If you’re over 50 at Chevron you are “in scope” for elimination. One way or another you will be ELIMINATED just like a cockroach.

https://finance.yahoo.com/news/halliburton-hal-exceeds-market-returns-221503861.html

I dont cate how much they say it to the employees. They dont care about us. When it's the employees that make them money.

I guess we nervously await round 2 in December? How can we work like this?

No meeting, no heads up. Supervisors in MFG side don’t even know who got laid on their team on A/B shift. How did they pick the people.. crazy

Why is Matt Garmin complaining ??? Slow rollouts were self-inflicted !!

With 27000 layoffs, ridiculous RTO commutes, massive attrition, obviously rollouts will be slower. Vibe coding/Kiro just adds to the problem - having to fix all of the broken that MCP Servers introduces. Why not just hire talented remote devs, comp them well like NVIDIA? Problem solved!

And his release of Q was also a disaster at re:Invent. What's the point of rushing releases ??

Layoffs Palmdale next two weeks

HR team

Anyone else reflecting on this week wondering what the he-l just happened? A typical week became a week of doom and gloom. It became hard to focus, the rumor mill roaring along with a sorry excuse of response by our CEO. In all my years at HCSC, I’ve never felt more betrayed by the company. No clear vision.. no clear communication… where’s the email that says what happens next? Are we really just going to feel like we’re in limbo until someone explains what the plan forward is? This is exhausting… I’m starting to think a layoff wouldn’t be the worst thing in the world

I was told there may be store closings. Anyone know anything?

https://youtu.be/T1A4CpaoeSA?si=HXwrebw6cqzbd3Fq

Or only the layoff is the only way yo be thrown out of Cisco?

Customers keep asking me “when is this mall closing?” And “when will the sales start?” My coworker said that my store (Turtle Crossing in Columbus) is a top performing store but I get asked 10+ times if my store is closing. I have 5 children and 2 grand babies and 3 cats and a dog and a pig. I need my paycheck. I used to work at Sears, and then Jo-Ann Fabrics and Toys R Ys. I feel like a curse but I need my monies. Please tell me turtle crossing isn’t closing!

https://youtu.be/T1A4CpaoeSA?si=HXwrebw6cqzbd3Fq

Here's a serious thought if you end up getting a layoff notice from Starbucks. You can tailor your Starbucks resume to make yourself attractive to become a Coal miner. Every Coal Mine in West Virginia is hiring right now. The Coal mines are looking for people for entry-level, mid-level and experienced coal miners. There is lots of overtime offered if you want that too.
A coal mining job is a real job that requires hard work for good pay. It will be a huge shock to most Starbuckers, because accepting your Starbucks job you expected you could just skate by.
If you move to West Virginia to become a coal miner. In six months, you would have plenty of money saved to go out and buy yourself a brand-new Ford 150 or Chevy Silverado truck. You can then put your truck to good use with weekend outings to go hiking, camping fishing, hunting or skiing too.

I strongly recommend all you Starbuckers bag Seattle and move to West Virginia to become a coal miner, even if you don't get laid-off at Starbucks. A big plus in moving to West Virginia is the people in West Virginia are much friendlier than people in Seattle. Plus, it does not rain all the time in West Virginia like it does in Seattle.

Upstream to Edmonton. Downstream to Sarnia. Corporate functions unknown. By end of 2026. QP being divested.

Newfoundland boy doing a webcast Monday afternoon.

Discuss mobility with your family. Update your resumes and LinkedIn. Fill up at PetroCan this weekend.