#layoffs

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New hires update

Well Ron , you have lied to the flock! State street is hiring contractors and you know what that means there are no internal jobs they want you to quit or get terminated so you don’t get a package. Bravo suspensions, how cheap can it get?

Quote the Raven never more!


RTO is illusion

Use your brains people. If RTO was truly for the reasons DE said - would they still hire off shore? Will LTI contractors and other vendors be relocated to US? How about teams that have members in multiple locations? What about Poland office? Don’t fall into illusion. You are being asked out, not to return to office. It’s a trick.


Layoffs in 2024 and 2025 dues to "budgetary" reasons... Maybe not

If you follow the money- MassMutual's total revenue in 2023 was $37.954 billion. This figure includes premium income of $25.608 billion, net investment income of $11.249 billion, and fees and other income of $1.097 billion.

And- MassMutual reported $41 billion in domestic insurance sales and $274 billion in client assets for its wealth management business in 2024, though a specific single "revenue" figure for the overall company isn't provided in the same way as for publicly traded companies. The company highlighted strong operating fundamentals, with $2.8 billion in statutory operating earnings and a record payment of $9.4 billion in insurance and annuity benefits for the year.

And yet in 2024 layoffs due to budget not making enough money, etc, etc
In 2025 layoffs due to budget not making enough money, etc, etc
Someones is lying. They either have billions of dollars increased year by year or they don't. Only a few months to go before we know what 2025 numbers are. These numbers are made public on their unauthenticated website / press releases. As someone prior wrote : laid off with a Less than acceptable reason.


Stock Buybacks and Layoffs

$200 million in stock buybacks in three years. The top lines their own pockets instead of putting money back into the company and/or investing in their devoted workforce.

The CEO joyfully shouts, "innovation!" While he does nothing but micromanage sales and marketing. How about you focus on cutting ties with captain ponytail and the stock will increase. Analysts and shareholders will dance in the streets.

Stock buybacks, layoffs, and no raises. How can the top be this greedy? You've let amazing talent go over the last couple years while allowing the CMO to hire her friends who do nothing but su-k the air out of the room. Culture isn't dying; it's dead.

We have leaders that are incredibly insecure—primarily the CMO and CTO. They surround themselves with pathetic yes-men and yes-women. They don't respect feedback that would improve their departments. They are dictators. Speak up and you will be laid off.

The CMO continues to build a top-heavy org while cutting those who were doing the work of three people and added tremendous value for the cost. She hires SVPs & VPs in California who take credit for the work that came before them. She then lays people off in lower cost states. She's bleeding money.


Just Got My Notice

Although I shouldn't be surprised, I was. I received the out of cycle 1x1 and was notified yesterday that my role was being eliminated and that my last day was this week.
I'm not here to complain, point fingers, or play victim. But want people to understand that there is never a better time to prepare for your future career than now.


It's Not You, It's Your Job

Back in the day, people got laid off and then hired back. It was a worker shuffle. A new person would join while another left, but the top brass always stayed because the product wasn't going anywhere.

Today, In AI era, entire roles are being eliminated, not just individuals. The jobs are gone for good. So, if your VP is gone, the product is likely next. You'll be reassigned, and if you can't fit into a new project, you're out.

The old rules are changing. In this new market, ops teams are leaner, and real-time coding is the norm. Everyone is expected to be hands-on, so there's no room for backseat politics. New roles are constantly being created, so your ability to adapt and fit into the changing market is everything.

Don't stay in useless legacy projects. RUN. If not

Expect more layoffs ...


MD represents everything that is wrong with America

He just does. He’s a greedy, sniveling little kiss a$$ that would do anything for a buck. He has no problem taking away people’s livelihoods to make his better. Think about the thousands he’s laid off to only put that money in his pocket. His attitude is that is, “business and not personal”. What MD hasn’t realized yet over 40 years of running a company is that, it’s all personal.

He’s an egotistical megalomaniac and that’s how he will be remembered.


Wirthless Interviews

MW has been making the circuits in the media trying to act like an American Hero. His legacy is already "The Layoff King". In one interview he said he wanted to be remembered for balancing priorities. He only balanced his own checkbook and sold the future of Chevron and its employees to do it!


Leadership incompetence at its best!

Last week, a significant number of colleagues were let go across the US, India, and the UK. The very next day, UK employees were sent an invitation to a World Su----e Prevention Day webinar. That goes beyond tone-deaf — it’s reckless and cruel. Does leadership seriously not understand that this kind of messaging, immediately after mass layoffs, could tip people over the edge? At best it shows staggering incompetence, at worst it feels deliberately insensitive.


September totals

Sep08 7am UTC - Sep09 6am UTC totals: 87 layoffs, 193 additions.
September totals (except Sep01): 4270 layoffs, and 246 additions.
Methodology and day-by-day breakdown is in comments.
There are rumors about Australia and NZ for tomorrow.


Layoffs confirmed today

Decade and a half at xrx and someone in a private conversation confirmed (at least in their role within the service delivery organization) names are already on lists and submitted to VPs within said organizations.

CFO also mentioned "difficult decisions" being made... my guess is another 15%.


Fifth consecutive month of Microsoft layoffs: Seattle tech giant cuts more Redmond positions

Microsoft layoffs continue with new job cuts in Redmond

https://www.bizjournals.com/seattle/news/2025/09/08/microsoft-lays-off-dozens-more-employees-in-wa.html

Fifth consecutive month of Microsoft layoffs: Seattle tech giant cuts more Redmond positions

https://mynorthwest.com/local/microsoft-layoffs-redmond-2/4129427

Microsoft cuts 42 more jobs in Redmond, continuing layoffs amid AI spending bo-m

https://www.geekwire.com/2025/microsoft-cuts-42-more-jobs-in-redmond-continuing-layoffs-amid-ai-spending-bo-m/


Tshirts just arrived

I got fired 5 months ago after dedicating 8 years. i had an event scheduled at the end of this year and i had placed an order for 500 dell logo'd t-shirts. well these fkn things just arrived on my doorstep today. what shall we do with them? Interesting ideas only please.


BlueCross BlueShield of TN laying off around 95 more employees

BlueCross BlueShield of Tennessee (BCBST) announced more layoffs on Friday morning, cutting nearly 100 people along with dozens of vacant positions due to rising insurance costs.

Dayla Qualls White, senior vice president and chief communications officer for BCBST, said in a statement that around 95 employees learned on Friday that they are being laid off and their positions are being eliminated.

https://www.local3news.com/local-news/bluecross-blueshield-of-tn-laying-off-around-95-more-employees-cutting-28-vacant-positions/article_505b8dcc-5f9a-4b64-80fc-d20fbc90da6c.html


When will this ordeal be over?

There’s no end in sight, and we still don’t know anything. It’s a terrible feeling not knowing what to expect, not knowing if you’re safe, while watching coworkers get let go with no clear criteria. I’m stressed out of my mind, just like most of us. My heart goes out both to those already impacted and to those still here waiting.


I’m so sorry for everyone affected

This is a terrible time to lose a job. I truly hope everyone finds something new soon, and I really hope this was it. At least for now. Still, I can’t help worrying about the rest of our jobs.


HQ move results in staff layoffs for PSA Airlines

HQ move results in staff layoffs for US's PSA Airlines

https://www.ch-aviation.com/news/158034-hq-move-results-in-staff-layoffs-for-uss-psa-airlines

PSA Airlines is reducing staff as part of its headquarters relocation, though specific details have not been disclosed.

09/08/2025 6:45 pm UTC
Aviation


Working at Cisco just lost another perk

At Cisco employees have been getting paid well for working "on-call" hours for many decades. Many suppliment thier income with this pay and has always been a great part about working in the support organization. They let us know today that we have to slash the costs by 50%. This will be a reduction in people's pay by about 60-80%, and you are still on call for the same or more hours. I heard that this is to be in place of a layoff, but my guess is that this will be just be putting off a layoff for a little bit longer. Typical corporate cr-p, say that you won't layoff people and then layoff people. I understand that a business existis to make money, but to keep having layoffs when our profits are higher than they have been, it just stinks of greed.


700 / Spring Hill, TN

Spring Hill UAW president responds to 700 temporary layoffs expected at GM

https://www.columbiadailyherald.com/story/news/2025/09/08/gm-layoffs-spring-hill-uaw-president/85988806007/

  • GM’s Spring Hill facility will pause operations from January to May 2026 to retool for new products, with around 700 temporary layoffs projected.

Affected: 700

Location: Spring Hill, TN

09/08/2025 3:28 pm UTC

Automotive


Building and construction Cuts

Homebuilder layoffs rise, especially in Texas and Florida, as housing market shifts
https://www.fastcompany.com/91400184/housing-market-shifts-homebuilder-layoffs-rise-especially-in-texas-and-florida

Employment in residential building construction has fallen by 3800 jobs (-0.4%) from its recent peak, while residential contracting jobs have dropped by 44000 (-1.8%).
Affected: Various homebuilders
Locations:
Texas, Florida
09/08/2025 7:11 pm UTC
Building and construction


Spreading layoffs all year is ruining morale and productivity

To anyone in executive leadership who may read this. It's important that you understand the climate that is being created at FIS. I'm not going to argue in this post for having less overall cuts, but rather to get them over with next time.

I believe we've had 11 RIFs this year. What could have been a couple rounds has been spread out so every month or so, folks are seeing their peers or leaders getting cut.

It may seem like doing smaller cuts is easier for teams to manage, and keeping a key individual for another month or so may seem like a good idea to allow better transition, but here's the effect.

Very few people feel secure in their career here. Most people are unsure if they will be next. This is shared for most ICs up through many people at the VP level. People are less productive, engaged, and less passionate.

We're starting to see top talent look elsewhere (the most marketable and skilled people are the ones who can land another job).

Teams and leaders are spending a lot of time discussing the impending layoffs, rumors, and overall morale, which is more hidden waste.

Lastly, delaying these leadership RIFs has prevented any real communication about the future org structure. So the orgs have not been able to set clear direction for the rest of 2025/2026. This is still pending because there are leaders yet to be cut.

We are already under investing in our products relative to our competitors, but if we're going to have cuts, they should be larger and less frequent. These decisions will have ramifications.