#reduction

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What's happening with IOL expats?

What's the latest on the IOL expats? Seems like many of them were in scope and were going to be getting communication, as it sounds like the company wanted to reduce the number of expats. Any updates? Are many of them coming back to take jobs back at sites or the office back in Canada? Staying where they are on expat? I'd be surprised if any of them would be getting let go, but stranger things have happened.


Comerica to lay off 100+ employees at Frisco office

Dallas-based financial services company Comerica will lay off 184 employees at its Frisco location as part of a reduction-in-force, according to a notice sent to affected workers.

The layoffs will take place at the Comerica office in the Frisco Star Tower, located at 17 Cowboys Way in Frisco. The notice stated that employees impacted by the reduction in force are expected to be separated from the company beginning March 13, 2026.

https://www.wfaa.com/article/money/business/comerica-lay-off-184-employees-frisco-office-after-merger-approval/287-a7eba9e5-c075-4684-a980-01250db30828


Jan 7th layoff update

Here is what I’ve heard more than once. If anyone knows differently please call it out / correct me-

Layoffs:
Jan 6th - End User Support
Jan 6th- Resource Planning

Upcoming
Jan 13th- Consumer / Retail
Jan 20th - Product (now under Jeff Simon/ IT)

Both upcoming are targeting a 20% reduct


Western College Reduces Staff to Address Budget

Western College recently laid off over 60 employees. This action dissolves about half of these positions and restructures others. The college aims to reduce its budget by approximately $4 million. Budget shortfalls stem from reduced property taxes and reliance on reserves. Impacted employees received 90-day notices and six months of health insurance.

https://www.greenriverstar.com/story/2025/12/18/county/layoffs-at-western/13418.html


Brian Pieninck announces layoffs

After laying off over 2000 employees in 2025, we were notified in an all hands meeting near the end of November that they were done with cuts "for the rest of the year." During an IT All Hands meeting in December, Brian announced that we should expect a 25-40% reduction in staff due to AI implementation (which they strongly pushed on everyone).


Christian Brothers University plans layoffs following restoration of accreditation

CBU said at the end of the spring semester, the university will work towards a 12:1 student-faculty ratio by reducing around 16 full-time faculty positions.

https://www.fox13memphis.com/news/christian-brothers-university-plans-layoffs-following-restoration-of-accreditation/article_898ed2cf-5bf0-4a92-a855-8c94159f7c17.html


DePaul lays off 114 staff members to help reduce budget shortfall

The reduction accounts for 7.6% of full-time and part-time staff, according to a message from President Rob Manuel. The university is aiming to reduce $27.4 million in spending following a dramatic drop in international enrollment.

https://www.chicagotribune.com/2025/12/15/depaul-university-layoffs/


VRP ?

Have any VRP been offered yet ? The last offers were last November almost exactly 1 year ago. In a few weeks they will be on the hook for lots of new 9 % ACH contributions they will have to make every paycheck after the pension plans stop accruing. It would be nice if they could try to use the VRP to reduce the number of people they need to force out of a job and reduce the burden on themselves too.


UBS may cut further 10,000 jobs by 2027

UBS has been cutting jobs as a result of the integration of former rival Credit Suisse, which it bought in 2023.

A reduction of 10,000 jobs would equate to a 9% cut in total jobs for the Swiss bank, which had around 110,000 employees at the end of 2024.

https://www.reuters.com/business/world-at-work/ubs-may-cut-further-10000-jobs-by-2027-sonntagsblick-reports-2025-12-07/


Numbers defined

So latest communication is a reduction in people in all areas of 20% in Q1.
It’s going so well.
Will be interesting to see if that number is applied evenly across both XRX and LKX or if the plan is to just be left with LKX monkeys (who know nothing about digital services and our collective growth engines).
Meanwhile the SLT continue to spend money like water on themselves, pet projects, relocation/moving costs. Java.


Cutting New Orleans city employees

Furloughs, layoffs likely for New Orleans city employees in 2026

Axios

Mon, 01 Dec 2025 12:21:59 GMT

Furloughs and layoffs are anticipated for city employees in New Orleans. These job reductions are projected to take place in the year 2026. The municipal government of New Orleans is the entity affected by these potential staffing changes. This news indicates a likely financial or structural adjustment within the city's workforce. The headline specifies the timeline for these impending employment shifts for the city's staff.
https://www.wdsu.com/article/new-orleans-job-cuts-furloughs-2026/69544120


PK + EH and next Decision

JD absolutely burned Nike, pure failure no question. His strategy was cost reduction and DTC, no real tech chops as PK hoped, fitting of a consultant. Company value cut in half 2020-2024 during his time!

How does PK wipe the egg off his face after hand selecting JD, demoralizing employees, and scaring off shareholders? Go back to the safety of Nike DNA roots picking EH a former Dallas Cowboy trainer for his friend JJ.

Cronie nepotism at its best. EH is WAY over his head, he’s a salesman not a CEO. Nike has a very uncertain future ahead, it’s worrisome.

What’s next people? More excuses ahead of earnings coming certainly…


Non-Compete and Severance Clauses

For those that are impacted by the reduction in force, please check or have someone go over the severance agreement to see if there's a timeframe set for a non-compete clause. This would include verbiage regarding a timeframe of which you may be illegible for employment by a similar company offering a similar or slightly different role. While some states do have limitations on this, please exercise due diligence.

Example: You may be barred from working in a telecom or similar company for a period of six months before they would consider hiring you. You would go through the whole interview process, but then get hung up during the final selection due to this.


How They Decide Who Goes

•••
First they look everyone who has active corrective actions such as PIPs, verbal, written, and final warnings and attendance issues.

Then they look at who on the team is rated as high potential, emerging talent, high professional, valued contributor, and low potential. Half you probably don’t know about these rating bc your supervisor is NOT obligated to inform you of this rating but you are given this rating each year.

Then they look at 2024 EOY rating such as developing, achieving, leading (the ratings your supervisor is required to disclose during your EOYs and mid years) as well as what you have been rated thus far for 2025.

Then they will go off historical performance and what your direct supervisor or AD has to say about you and their personal input.

They will not use any of this data at all if your position or location has been RIFd entirely. And therefore you are susceptible to still being let go if you are and have been a high performer.