#workforcereduction

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11/13 @ 12:37 EST - Wall Street Journal article - Verizon to Cut About 15,000 Jobs

https://www.wsj.com/business/telecom/verizon-to-cut-about-15-000-jobs-87280c3c?gaa_at=eafs&gaa_n=AWEtsqfwwzzGQNSjf0iTTRQ56zZ3hH423LmR2obghM3lJxDmwnKWn-zDeFAwFT9Kzlw%3D&gaa_ts=691622e7&gaa_sig=yRd7CDEKqfopJo7htngX-i8UXriFKDO6GYSMCuamHROphJYQhpOw8di_q5K05JgjulSJbciduA9AaLJ_qpKSqQ%3D%3D


Just on Reuters

The layoffs, the largest ever for the wireless carrier and impacting about 15% of its workforce, are set to take place in the next week.

The cuts are aimed at its non-union management ranks and will affect more than 20% of that workforce, the source said. Verizon also plans to transition around 180 corporate-owned retail stores into franchised operations, the source added


https://www.indiaweekly.biz/h1b-visa-trump-aide-vision/

“The President’s vision here is to bring in overseas workers who have the skills for three, five, or seven years to train US workers. Then they can go home, and U.S. workers will fully take over,” Bessent said.

Poetic justice for all the Americans forced to train their Indian replacements before being sent to the unemployment line.


Geico Insurance planned to layoff 20% in Jan.

Geico is reportedly planning to lay off around 20% of its workforce in January. According to employees, the company intends to label the affected group as “low performers,” with approximately 20% of employees in each department expected to be classified this way.


Let’s get the facts straight.

If layoffs happen it’s happening nov 20th or earlier.

Lists aren’t made last minute so your fate was sealed 20-30 days ago.

Initial estimates range from 15-30% depending on org but overall beverage to about 20%.

There’s likely a round 2 of layoffs early 2026.

The crisis manager article says there’s nothing to worry about - you know why?! Cause he’s a crisis manager. He’s probably on a list and has no idea lol

Lastly, these corporations you don’t hold any loyalty too. All that family talk is just bs. All those retirement emails thanking you for your service - bullsh-t. Make your money, make your connects, climb the ladder or hop to another. Do not take it personally.

Losing sleep and checking this board every 2 hours is not good for your mental state. Just get your affairs in order.

A lot of VPs, SVPs, and EVPs were given the notice. Just be thankful you weren’t one of those under heavy scrutiny. You have better odds as an underlying.

Good luck all - love you.


The UNIFI development team was made redundant on Monday

Decades of experience tossed aside. They could have been redeployed but Waters has decided that when a product is no longer wanted by the business then neither are the people involved.

Limited support will transfer to Brasov who will only be making sure UNIFI can continue to function in waters_connect, even though the backbone of waters_connect is UNIFI.


Even more cuts

The layoffs, which were first reported by Crain’s New York, were disclosed in a filing with the New York State Department of Labor. In total, 660 employees are being laid off by Amazon across nine offices in New York City.

https://www.usatoday.com/story/money/2025/11/11/amazon-nyc-layoffs-restructuring-november-2025/87221740007/


COP flaunts Alaska Projects amidst large layoffs

"...ConocoPhillips is seeking to drill four exploration wells near its giant Willow discovery this winter, the plans show, marking its return to aggressive exploration in Alaska as construction at Willow progresses with first oil expected in 2029.

The work comes despite the company’s decision this year to cut its workforce globally, including in Alaska, amid low oil prices.

This winter’s program in Alaska illustrates ConocoPhillips’ commitment to the state...."

https://www.adn.com/business-economy/energy/2025/11/11/feds-release-conocophillips-big-winter-exploration-plans-in-alaska-as-critics-denounce-short-comment-period/


Centene filed WARN for Dec layoffs.

Centene issued a WARN notice on October 20, 2025, with a layoff date of December 19, 2025, for Centene Management Company, LLC. While the specific locations and roles are not yet detailed, the notice is part of a larger trend of workforce reduction in the health insurance sector due to factors like shifting government healthcare policies and changing market conditions.
Notice Issued: October 20, 2025.
Layoff Date: December 19, 2025.
Company: Centene Management Company, LLC.
Affected Employees: The notice is for a mass layoff and closings, and more specific details are expected to be released later.
Context: This is part of a broader trend in the health insurance industry.
Factors contributing to the layoff include changes in government policies, particularly with the end of pandemic-era Medicaid regulations, and market shifts, according to this YouTube video.
Other recent news includes Centene withdrawing its 2025 guidance in July 2025 due to market conditions, as seen in this press release from Centene's investor relations site.


How many Switch locations will survive?

How many of these places do we expect to keep more than 1 person? Most of the Network Affecting work happens during the MW, most of the work can be contracted out or sent to other grps to run configurations. Will the switch techs just be there for vendor access??