#rumor

There was a layoff in the Dallas office today. Not sure how many were affected or if more offices outside of Dallas were affected. Anyone hear anything else on this?

Tomorrow is Termination Tuesday! Anyone have any deets on the targeted areas ?

Is it true due budget cutting?

Anyone aware of layoffs in Operations Risk? I heard of some today but no real details.

So I seem to remember during the Facebook and Google massacres, there were reports that people were just getting asked to come back, not even interview.

https://www.hcamag.com/us/specialization/benefits/meta-rehiring-staff-after-massive-job-cuts-reports/460837

I wonder if the same thing will happen here.

If you were laid off, would you come back of asked?

Why are people referencing this date?

KODAK: Calm Down, We’re NOT Going Out of Business!
https://tonernews.com/forums/topic/kodak-calm-down-were-not-going-out-of-business/

I hate this period of not knowing so I am trying to get a sense of when these would happen. I know no one knows yet, but does anyone have any guesses or inside information?

Sr. Director here.

Had my 1x1 with my SVP yesterday and was told that I likely will have to cut 5 people. I was told that this is company wide and most, if not all, departments and teams will be hit with a minimum of 10% for each team. Apparently it comes down to which is "cheaper" - cut ties with a vendor and get rid of a necessary tool, or cut people. In this case, it's sadly people. She couldn't tell me much but it sounds like it's supposed to be fairly big.

I know we're having layoffs weekly, but I was kind of expecting there to be a bigger cut at the start of h2. Still looking at feb 2026?

No numbers were stated. People are pulling stuff from a while ago and trying to pass it as news. Ignore the 7k rumor. Don't do that to yourself. Yes, we know cuts are coming. But that's about all we know for now. Until we know more, try not to lose too much sleep over people speculating.

The gole is cut 22% headcount including other approaches.

I recently heard a rumor (not officially confirmed) that Dell Technologies may be planning a phased withdrawal from the Chinese market, with a complete exit by Q3 2027. Below is the timeline I heard:

2025 Q4 – End of Production
Closure of Xiamen & Chengdu factories

2026 Q1 – Sales Reduction
Halt consumer PC sales, end new enterprise contracts

2026 Q3 – R&D Relocation
Shanghai R&D center moves to Singapore

2027 Q3 – Complete Exit
Deregister legal entities, keep compliance only

Possible layoffs

More "PRUNING" coming in Oct'2025 in NAM (North American Market Regions)

I suspect SBG will get hit hard but which groups if anyone has an ideas ?

I’m hearing that CP Chem is really having problems right now.
I can’t help but think that Go Go was the CEO of that company only few years ago.
He even bragged about how great successful that BT was.
I hope epilogue is not prologue at P66.

Wanted to see if what was said in a previously thread is true. Is BET merging departments in the near future?

Good luck to everyone.

Haven’t heard much about layoffs.

Everything revolving around the 4 days RTO.

Usually, there are confirmed rumors but right now there is a lot of silence. Not sure if company expecting people to quit and then see where to make cuts.

Like everything else, I’m expecting the leadership team to fail even when it comes to layoffs.

Is this information confirmed? I've heard this rumor many times, but none of the details seem reliable. If anyone knows anything for certain, please share. It's better to be prepared, I guess.

Now that it's January anyone have any updates on layoffs in the software engineering org in El Segundo?

Any news or rumors on RTO?

Will there be layoffs in January? If so, which areas will be subject to Cecere's Cleaver this time?

Sell Suri? Buy more junk? Thoughts?

n/m

I know folks are very cynical of IBM’s actions and trust me been there done that (class of 2016) BUT the real question is was there a game plan to it vs just reducing costs across the board. In My 2016 experience it was just a cost reduction exercise, and no change of course. This RA seems to have a Slight strategy behind it (mostly eliminating Redhat vs IBM legacy overlap, which most likely should be expected after spending 34 billion.. The decimation of Power in Austin was not a “move folks from high cost to low cost”, but rather a “we don’t want to be in this business anymore” action. The final question is did IBM fall back on their old ways when it comes to GBS/GTS and just remove costs, or did they strategically go after costs. There is evidence for both. IBM had RA’s in China and India (China ended in April, while India had them when the USA had theirs). (see EE times articles). The non-confirmed posting of TSS moving to Costa Rica would certainly be the “old” IBM strategy of shopping for lower cost. Thus again I ask does anyone see a strategy via the man behind the curtain?
I will add one interesting tidbit. If we run the known numbers we get, IBM took a 900 million dollar charge in 1st Q, which equates to a 23k Headcount reduction at 45k a head. (USA fully burdened cost of 180k per head). The CFO said he was looking for 2 billion in savings which says 1.1 billion must still be accounted for. He also said the 1.1 would be self funding from operations. If we use the 1/3 rule (110k America’s, 120k Europe/Asia, and 120k India) And factor in the 4 to 1 cost advantage (1st world vs third world) then the shift of heads to 3rd world pay for any impairment costs incurred. Thus 2 billion at 45k nets 45k heads impacted with 3rd world going up at the expense of 1st world. The exiting of commodity HW (Power and possibly storage) would result in another possibly 3-5k reduction. 1k plant for each HW product, with 1k sales/channel in America’s and Europe/Asia. This would be self funding via the fire sale of the HW manufacturing business and IP sales. This all nets to 50k impacted after the dust settles. Now IBM has a lean go to market machine focused around Cloud, LINUX, AI, Enterprise, and REDHAT, Does anyone see that the RA was structured to support this plan?
Finally folks are speculating about a 2nd round. I would speculate IBM isn’t after anymore streamlining of their go to market strategy, but rather shopping “perform” services (think commodity body shop services already in India). That would mostly come out of Cognitive, GBS, and GTS. Perhaps 60k heads total. I would expect IBM to cut a deal with one of the body shops already in India. Thus no impingement charges. Again just a speculation

Any

Rampant rumors across the organization, especially within the sales team are saying that MAJOR layoffs are coming very soon, probably early October (if not sooner). The Sales, Solutions Engineering, and Architecture teams were crucified at a recent quarterly meeting foreshadowing the next purge of these "non-performers" who the CEO feels is the reason the company is not making any money.

Prediction for the next round is up to 25% of sales will be gone with the remaining sales team left burdened with the current load and stress of picking up the slack, setting up those remaining for failure. Up to half (yes 50%) of the on-shore Solutions Engineers and Architecture teams will be cut. The jobs will be sent to Costa Rica and India to individuals thousands of miles away from their customers who haven't the slightest clue on how to service a customer, have major language barriers, and most importantly are not trusted by US customers. Solutions Engineers and Architects have been bringing off-shore resources "up to speed" for months in preparation.

Executive Leadership continues to bury their head and turning a blind eye to the lack of any competitive services (over-priced co-location and network), rapidly dying traditional recovery services, a lack of any meaningful Cloud offering (re-selling AWS on an unstable environment and lousy support services from India and Costa Rica) and consulting services run by a team of rejects. They fail to realize customers can see right though the BS and feel services provide by cheap off-shore resources are killing the company. Off-shoring 70% of your company "to remain competitive" is not the way to grow your business, it's a means to inflate cash on hand to prop up a dying business model and company. The company has now started to release senior "high-performing" team members to the bewilderment of long-time SgAS customers. Now starting to cut the only talented people who remained loyal prove no one's job is safe in this company. Employees have a legitimate right to fear the delivery of their next paycheck. The company has killed off any desire to sell, deliver, or make any extra effort to keep the CEO's fantasy alive. Stay tuned...January 2018 is setting up be an absolute blood-bath of cuts.

I heard a rumor that COP will be introducing massive cuts in both February and March 2016. Just a #rumor for now...

&glaxosmithkline-plc and Qualcomm http://www.fiercemedicaldevices.com/story/gsk-qualcomm-rumored-form-med-tech-joint-venture/2016-01-20

Ironwood, MI to be affected, April 2016 - just a #rumor for now but I think it'll happen - this was reported on Sears' page on this website layoff.com - more layoffs will be announced and more stores will be eliminated later this year - I think we know about 20 stores so far and there is about 5 Sears stores they are closing

That's what I heard, may be just a #rumor but I think it's a possibility - the whole sector is in trouble and we are just following industry trends here at Zais

#Rumor has it.....rumor has it......rumor has it.

What does rumor have? Well rumor has a few people that really don't know anything for sure spreading fodder on the net for a couple of thousand others to look at and spread.

Do all those hanging on and hoping for the best a favor and STOP!!!

There are enough people in this industry and many others going through hard times right now. They don't need this kind of thing going on. You do this here, someone reads it and takes it to work with them. It bleeds out unto the field and destroys any moral that is there making very long days.