#layoffs

before oct ends

Things continue to get worse. Forced selling on 9/22 from the index.

The bank wants its on-shore employees to be gone.

Many (most?) of these same employees hate their jobs but are unlikely to leave due to the current job market. It's hard to spend all day in a job you hate and then find the mental/emotional energy after getting home, dinner, etc to job hunt. It's not impossible, but difficult.

Enter severance.

If the bank is worried about high performers leaving, they can stop worrying. Disengaged employees are not high performers. People perform highly when they like their job.

Nearly all employees that would take the voluntary buyout are exactly the employees the bank wants gone anyway.

The bank keeps hoping that people will leave on their own. It's not going to happen. Wells needs to take lead on this.

Until then, the armies of unhappy employees will continue to do the bare minimum. I don't understand how the bank sees this as the better option.

Due to both offshoring and reorgs, this org finds itself overstaffed.

It's incredible how long this is taking to correct.

Most will retain their jobs, but getting rid of the relatively few unproductive folks shouldn't be this difficult.

Wells would rather continue paying salaries, benefits, and bonuses to these people 🤷 🤡

Major cuts are coming mid-October.
Good luck everyone.
And yes, Ford Credit will be affected.

I know I should be used to the stress, but it's ki-ling me.

So they are filling 1,000 roles supporting AML in Ireland but laid off a small amount of US associates in the AML space last month

After CDW basically wiped out a department and lost years of expertise and experience, they are now re-hiring for those roles, but at near entry-level pay. That is the strategy--layoff experienced coworkers who have been dedicated to CDW for 10 years or more and bring in low-paid workers in order to ensure executive bonuses stay high.

This is so short-term in thinking, but many of the executives are nearing retirement age, so they are are at no financial risk for these decisions. They've been doing it for 3+ years and there have been no signs that approach is driving growth for the company.

It's a horrible strategy, but leadership doesn't seem to see the obvious.

With November quickly approaching anyone hear of any rumors on whats going to happen and who might be laid off?

Does anyone know anything about who gets the boot tomorrow

It's been two weeks since the acquisition, and while things have been running smoothly, no major announcements have been made to employees. I sense a calm before the storm and am preparing for what's to come.

Seeing a lot lately that PIPs are being used to wean out,
Can anyone actually confirm? - looking for people who are on one (and in particular anyone in EMEA?)
Would love to know more on the 'rationale' that is used?

You thought that this was a one hit wonder, now you find out that the hits just keep coming. Not delivering number one hit on the chart puts these brilliant people into the land of constant layoffs. I just wonder what the leadership team thinks about their no hit wonders, lack of empathy and inability to drive growth? Not a lot, sure they sleep well knowing that they have laid off hundreds of folks and will continue to do so to save their own skin. They will continue to keep firing people to get their bonuses (if that's even possible at this point) and save a job that they are so very desperate to hold on to, knowing that their track record won't get them hired anywhere else. They all want to be board members, I would not even hire them to play a board game.

Wondering which date I will most likely be hit. Guessing 10/14 to avoid 401k match, but who knows.

Hello all, the notice period and amount of severance pay vary from country to country. I was wondering if you received notice period and severance pay according to the law in your country or did Oracle provide you with an extra package beyond the law?

I believe exit dates are two months in USA, and a month in Canada from notification date of August 14. Could someone confirm please, along with the package details? Are packages similar across the geographical area? How does it work in EMEA?

Are people able to find new jobs, hearing it’s a tough market out for anyone looking for a job. Next layoffs are around the corner in Feb 2026, so hang tight.

Novo Nordisk (NASDAQ Copenhagen: NOVO-B) inflicted much pain—and much-needed pain—on the company when president and CEO Maziar (Mike) Doustdar announced plans to lay off about 9,000 of its 78,400 employees, a spot check of analyst comments by StockWatch found this past week.

https://www.genengnews.com/gen-edge/stockwatch-analysts-see-pain-and-necessity-in-novo-nordisks-9000-layoffs/

I'd like to think this will be performance-base, but we all know that's never been true. They'll get rid of the highest earners who are usually the highest performers as well, crippling the company once again. Layoffs would be easier to swallow if they ever made sense.

Happy that you get the big lump sum of money and given the opportunity to look for better pastures? Or you prefer to continue stay with the company and hope for the best?

There’s some solid information that’s come to my desk about mass layoffs for San Antonio coming within the next 6 months. They will be consolidating to a “super center” and will be laying off people that are getting paid a higher salary than what new reps off the street get. There’s absolutely no benefit for the company to keep paying senior employees close to or over $40 an hour when new employees get well under $20 an hour to do the same work. The company is going to start hiring new reps and once they have a solid amount to maintain the call volumes, they will start weeding out the old employees. Stay safe and be prepared folks. CWA STRONG!

How is it looking on layoffs?

I hate that we have to have this mind set, but its a new month so im wondering if layoffs are coming around again. With the amount of issues with clients and clinicians due to all of the changes and clinicians choosing to leave due to it all, I can only imagine how much was lost money wise so worried about if/who will be cut next.

Sep13 6am UTC - Sep15 6am UTC totals: 7 layoffs.
September totals (except Sep01): 4704 layoffs, and 279 additions.
Methodology and day-by-day breakdown is in comments.

This is a baseline for a new week.

I ask because there’s tonnes of positions opening up for external hires ….

Someone help me out here …

The number of U.S. rigs in operation has fallen this year, by around 69 to 414, according to Baker Hughes. Kirk Edwards, the president of Texas-based Latigo Petroleum, said, “We've gone from ‘drill, baby, drill' to 'wait, baby wait’ here in the Permian.” Many U.S. producers are waiting for oil prices to increase before they raise production, requiring between $70 and $75 a barrel to put rigs back into operation.

The decision to cut spending by many U.S. oil and gas majors, which follows a post-pandemic era of megamergers and high spending, has resulted in widespread job cuts. As OPEC+ looks to increase production in the coming months, we can expect the low oil price trend to continue, likely resulting in low profits for several U.S. companies, and cautious spending plans are expected for the coming months.

https://oilprice.com/Energy/Crude-Oil/US-Oil-Majors-Slash-Jobs-Despite-Trumps-Fossil-Fuel-Push.html

I honestly can’t remember. It’s always been about cost, nothing else. We’ve been shedding talent like crazy for years, and no amount of reorganization will ever redeem that.

RDO Equipment, a company with over 80 locations with headquarters in Fargo, has reportedly laid off 36 people.

According to an email sent to employees from Company President Chris Cooper, the company conducted a reduction in force of team members who support the equipment business in field support roles.

https://www.valleynewslive.com/2025/09/11/fargo-based-rdo-equipment-lays-off-numerous-employees-due-business-decline/

Curious if Chevron HR filed WARN notice this past Friday

For Hess, Chevron HR filed notice on Friday a week before the cut date - and held the “town halls” at Hess the following Tuesday - hours prior to the notice getting published by the state.

When questioned about what numbers were filed on the WARN notice, the town hall’s HR rep dodged the question and said “we aren’t disclosing those numbers at this time.”

Less than 24 hours later they were published by the state (Wednesday) and the employees ended up learning of the 575 / 830 cut through media outlets.

Is this standard operating procedure at CVX - to be too cowardly to talk straight with employees?

It certainly rubbed a lot of Hess employees the wrong way - the lack of professionalism/courteously, and the apparent cowardice displayed by HR in the town halls.

Does CVX have a pre-firing town hall scheduled for Tuesday this week?

We’ve all just learned to live with it, while leadership couldn’t care less. Endless reorgs and layoffs have made one thing crystal clear - hard work and loyalty mean nothing here. At this point, I show up expecting nothing but a layoff notice, while being pushed every day to work like a mule. Sorry, but that’s not happening anymore. And from what I see, the vast majority share the same attitude.

Just pastures that haven’t been left to dry out and die. It took a while to find something else, but I gave it a real go. Staying here wasn’t just unbearable, it felt reckless. Months of layoffs with no end in sight, and the company’s future obscured, to put it mildly. The pay is about the same, there seems to be some semblance of work-life balance, and most importantly, there’s no amount of money that can buy peace of mind.

• Booming AI demand this week sent Oracle's stock to a record high not long after reports that the computing giant laid off hundreds of workers.
• Several other tech giants like Microsoft and Amazon have recently cut jobs to lower costs while spending billions on AI expansion.
• Amazon CEO Andy Jassy has told employees that Amazon expects to operate with a smaller headcount in the coming years as AI advances.

https://www.investopedia.com/business-is-booming-for-many-tech-giants-they-re-laying-workers-off-anyway-oracle-11807131

It will be in November, around 35% headcount reduction.
OP: @ea+1k50712za

The stock won’t recover through layoffs. Maybe there’s a short-term bump, but long-term we’ve been in a downward spiral. You can’t fix anything with cuts alone, especially when they’re not strategic or tied to a real vision. This company won’t magically grow again. And after years of dumping on its most valuable resource, skilled and competent employees, you can’t expect to be an industry titan.

Hopefully we are all set now.

I heard of a guy who got his severance mail before he had his meeting from HR. Pretty su-ky

Wave 1ers or others - anyone get a covert call with even read between the lines news on getting a job before selection notice period? Any chance us Wave2ers might hear during this next week??? Torture waiting.

there is a freeze on layoffs (RIF) until January 1, 2027. I repeat. there is a freeze on layoffs (RIF) until January 1, 2027.

I hope this verified announcement will bring comfort to those worried about job security.

Cheers for now!

http://techrights.org/n/2025/09/14/Satya_s_Plan_B_Try_to_Hide_the_Massive_Extent_Scale_Scope_of_Mi.shtml