#layoffs

The idea of being laid off, or being stuck at Nike in this culture and environment for years to come? There was a time when this would have been a no-brainer. Now, I honestly can’t tell which I dread more. If the job market were any better, I’d embrace layoffs in a second.

You think you’re working with a skeleton crew right now? Think again. They will cut everything beyond the bare bones and still try to cut more. There will be closures, position eliminations, layoffs, and everything you can imagine to minimize expenses, regardless of the impact on employees. You’ll be expected to do the work of five or six people and be happy about it. That’s private equity for you.

Tomorrow or next week?

So do people think it’s normal to just assume that you will be laid off any day you come in? When the new leaders come in they just clean house and bring in people. What kind of work gets done when people are worried all day?

Don't worry. Everything is gonna be normal, easy, smooth after layoffs, emotions, reorgs.

Hahahahahaha.

Enjoy the misery of tryin' to get anything done in the new situations. For many it will be demoralizing, depressing, and a kick in the teethies.

Those who get to leave are the winners.

State Farm here! Come over and read our posts about what this sh-t hole is doing to its people! Your CEO has set the pace/tone for all the other CEOs to fall in line! They attend the same meetings, talk to the same consultants and run in the same circles. I've been at SF 30 years and need a couple more to retire. If you happen to have SF insurance cancel that cr-p, it's too expensive, service su-ks and all you are doing is giving 10-15% of your premium to a SF Agent. I'm about to move all of my internet and cell away from AT&T after your CEO sent that letter to employees basically telling them we owe you absolutely nothing and we expect absolute conformance and loyalty to AT&T! Same sh-t hole people no matter where you work in corporate America.

https://esportsinsider.com/2025/08/450-more-blizzard-developers-unionise-following-microsoft-layoffs

Massive lay offs in Australia and New Zealand

They look to be in big trouble.... Which asylums do they hire from?

500 people were let go in the US.

It will be a cold November 2025.

I know this may be a bit of paranoia and this could genuinely be Mike reshuffling leadership, but with the stock not doing well and rumors of company cutting costs I think it's a bit of a hint that there may be lay offs soon.

How many people were let got in ‘24 and early ‘25 due to offshoring ?

Any rumors about Division or District layoffs circulating? Catching word that they put a temporary hold on ASL transfers.

Mass layoffs at Echostar littleton due to the boost mobile shutdown. Learned a lot. Did a lot. No hard feelings. Couple months of pay. And looking forward to next chapter.

13-15% will be laid off by November. What parts of Paramount will be cut the most? Curious as to what others are predicting. Best luck to all of you - some of the nicest and most talented people I've ever worked with.

Sales teams and maybe others just got invited to do a job feedback assessment by a consultant firm called the Alexander Group. I highly doubt they're really looking to improve operational and sales efficiencies, nothing here seems to change for the better. I am positive they are contracting this waste of space company to cut the fat for more layoffs potentially like they did over 19 months ago. TU has over 12,000 employees and still needs to pay a consultant to tell them how we should be working lmaooo

Biden was a better official to run the country. https://san.com/cc/trump-says-federal-government-will-not-approve-new-wind-farms-or-solar-projects/

Please share any information you know about ongoing layoffs within SO/JS org

Jeff hates costs and his employees, and he's all out of cost cuts.

Sam Burd is 100% sidelined, only kept on salary so he won't bolt for Lenovo or HPE.

Rumors are Jeff and cronies are laying out a massive downscale and will hit in Q1.

I’ve been hearing rumors there will be a huge layoff after the migration to Fusion of all the people who are working this project. Anyone else hear this?

It’s been six weeks since the July purge, and the fallout is still being felt. The job market is brutal, even highly qualified people are struggling to get a single response.
Inside T. Rowe, the situation is even worse: leadership incompetence, suffocating micromanagement, and a relentless push to offshore jobs have left current employees on edge. The once-respected name of T. Rowe is crumbling, and morale is in freefall.
If you’re still there, don’t wait around and protect yourself before you’re the next one cut.

I’m committed to ensuring compassionate support for our colleagues who will be leaving the company as decisions are made - JR

What decisions and who is the axe coming for?

259 ISP’s. Not exactly the “100” ISP’s they told us to expect. For those who said yeah but they said it would be 100 “roles”. BS. That was just corporate speak to disguise the real numbers. If they are so transparent, how come they didn’t publish the number of demotions??? From this thread, it seems like there have been quite a few… Yet another way to disguise the numbers.

I just got my call. Watch the street!

Do FTEs get severance if they’re laid off while on a PIP or Warning?

258 roles closed from vsp and 259 got isp
I'm not a math genius but that's 517. Six months of me in panic wondering how both me and my wife who worked here until she just found a new role would pan out to feed 3 kids for 517 roles??????
This place is ran by id--ts.

It's not the tariff situation at all. I've been looking at jobs for almost 2 years now because I knew this huge reorg was coming. The job market in US has cratered unless you're in a very highly specialized technical field such as AI, niche engineering. I am on the business side of things and you can get offers but they're few and far between. I applied for hundreds of jobs and got only like 3 interviews and a couple offers, lower than Chevron comp.
My SO in finance got laid off in 2022 and same problem tons of applications zero response. Finally got something at much lower pay.
The job market has fundamentally shifted and it;s been this way since at least 2021-2022. Offshoring is rampant. Americans are selling themselves out every single day. It's truly insane.

Bumping this from @ax+1k3nwm9t5, sad but true.

Does this mean layoffs are completed for Mike Sicilia’s org or could we possible have more layoffs until town hall?

Volunteering won't do it. The defiant nature of the leaders here will just give you more work, laugh at you struggle, and will try to make you quit.

You have to put yourself on the chopping block by simply reporting your manager to Employee Relations. They will take the side of your supervisor, BUT you are a target now. A person who doesn't go with the flow, and can potentially expose them. Therefore, becoming a financiql liability and a source to empower others.

I guarantee you will be on the next list.

This is the next meeting where they talk about the new portfolio model and yet, there is no info on what the structure will actually be. Will we be notified only on 9/3 if our leaders were let go?? The layoffs on 9/3 and the portfolio model must surely be the same thing?

Good look for the Value org. Nice off-site in Miami dressed up in tux's and dresses while the business is cutting left & right.

Cater to those who can't afford postpaid but they can throw a good party for themselves. Nice!

Despite cutting the number of employees by ~55K, over the past 5 years the actual Employee Expenses (per the 10-Q and 10-K) have not gone down one iota. You can look it up.

Is anyone else just holding their breath until next week’s layoffs? This past month has been one of the toughest I can remember. As a Director, I couldn’t even enjoy my holidays this month.
I keep putting on a brave face for my family and my team, while feeling the stress build up inside. In 15 years with this company, I don’t think I’ve ever felt pressure like this.

If you want to get rid of people hiking calling it voluntary severance - look at cutting unnecessary expenses. Starting with the high profile celebrity advertising and then the high end large six figure executive salaries. Both those classes of folks have enough money and that needs to be dropped off the books - immediately

This was done solely for profit. In a time of a weak job market, aggressive inflation, and the dawn of AI, they just crushed people’s lives for money. At a recent summer regional, Penny stated a few times, “over my dead body will this place be sold”. When you have to be that declarative, then you know the field and home office no longer trust you. She is the female version of Andy Sieg. She also stated she is rewriting the Partnership. To change the required age of MP retirement? Perhaps we have a dictator on our hands. Perhaps to change the by-laws to make it easier to sell? She has hired inexperienced EJ leaders for her ELT…external hires, in a sense creating a board of directors. And when she sells, guess what? The GPs get the premium or excess paid for the equity…you as a LP will only get your capital back. Reminds me of 2008 with another proud St. Louis institution - Anheuser Busch. August the 4th was incompetent Iike Penny and he too “invited the barbarians in the gate” meaning the executives from InBev which allowed them to plan the takeover.

So thank you heir dictator you truly are a “penny stock” - you bring little to no value and come with many disclaimers.

My manager once again has let the cat out of the bag. You will likely hear in the coming weeks about significant additional cuts that they are going to do state side so they can reposition jobs overseas. They might as well rename the company Manilla Payments. Expect to see increase cost for our cr-p benefits (perhaps as high as 5%) and maybe 2% raises next year.

It’s pretty clear leadership isn’t thinking beyond the next quarterly report. The long-term impact of shedding talent, experience, and skill doesn’t seem to matter at all. No matter how well or poorly a company is doing, there are always cuts, so there’s more money for the people at the top. Leadership doesn’t care about efficiency. They care about the bottom line, right here, right now.

At least for now, anyway.