#cuts

I’ve been watching things slide downhill here for a while, and it makes me wonder if there’s any way back. The cuts, the constant churn, and the lack of direction are really showing. Feels like we’re on borrowed time unless something drastic changes.

Sep06 7am UTC - Sep08 7am UTC totals: 13 layoffs (NZ and Australia already started week).
September totals (except Sep01): 4336 layoffs, and 53 additions.
Methodology and day-by-day breakdown is in comments.

Douglas McIntyre, Editor-in-Chief at Climate Crisis 24/7, reported that U.S. oil giants are cutting jobs despite strong profits. Citing The New York Times, he noted that ConocoPhillips plans to lay off up to 3,250 workers after its $17 billion acquisition of Marathon Oil. McIntyre explained that industry mergers, steady oil prices, and the slow pace...

https://www.msn.com/en-us/money/markets/u-s-oil-giants-slash-jobs-despite-growth

Rumor has it that Wednesday September 10 is a major cut day at state street. Internal jobs don’t exist , defcon one is upon us. They even took away and froze bravo awards. Ron should get one for being cheap and treating the employees like cr-p but hey the stock price is fine. Hang in there Flock!

(Bloomberg) -- Hiring plans fell to the weakest level for any August on record and intended job cuts mounted amid broader economic uncertainty, according to outplacement firm Challenger, Gray & Christmas.

US-based companies announced in August plans to add 1,494 jobs, the fewest for the month in data going back to 2009. Of the 30 industries tracked by Challenger, hiring plans were concentrated in aerospace and defense, industrial goods and retail.

Announced job cuts jumped from a year ago to almost 85,980 and marked the largest August total since 2020. Excluding the impact of the pandemic, the number was the highest for any August since the Great Recession in 2008.

https://www.bloomberg.com/news/articles/2025-09-04/us-hiring-intentions-pull-back-while-job-cut-announcements-rise

Job cuts in the United States came in at 85,979 in August, rising 39% from the 62,075 figure announced in July, Challenger, Gray & Christmas Inc. reported on Thursday.

The figure is the highest for the month since 2020, and 13% up from the 75,891 job cuts announced in August last year. The industries that drove the layoffs are retail, pharmaceuticals, and financial firms.

https://breakingthenews.net/Article/Challenger:-US-job-cuts-up-39-to-85979-in-August/64761137

https://cordcuttersnews.com/dish-lays-off-500-employees-after-selling-5g-spectrum-to-att/

What percentage of subsurface is being cut? Hard to estimate as spread over multiple organisations (CNE, Exploration, Offshore, Subsurface etc..) Anyone have an estimate?

So we've got the infamous rto spreadsheet tracker, we've got the big brother spying on employees and we've got the 80% job elimination project...

Does all of this represent one "plan"?

Here we go again

In 2017, a tax bill cut a key incentive starting in 2022 to look revenue neutral. The bill was still a massive tax cut overall.

The cut removed the writeoff for R&D…

That change made it more expensive to hire people in R&D. This included developers not essential to daily business and most scientists. Big cos were hit hardest since they run more R&D at any given time.

For customer service cuts, not affecting us much tho, the reason for shrinkin workforce is different. Companies just do not care. Phone trees, powerless outsourced reps, and broken websites have annoyed people for decades. But firms do not compete on good service, just price…

Investors like hearing about AI replacing this work. Companies cut more staff and service quality drops. There is little pushback from markets or regulators. That means cos face no real pressure to stop making service worse.

It will get worse before it gets better - at 66 it will be late for me.

Will there be more cuts tomorrow?

https://x.com/thejobchick

"Oracle Layoffs are intense.

• Entire orgs are getting blindsided.

Cloud, Comms/Marketing, Engineering, Ops, Sales
Directors, ICs, even SVPs - all levels.

Remote and in-office. Top performers. Doesn’t matter.
People with 7, 13, 18, 20+ years at Oracle… gone!!

I was told- If you got the email for saying 'Project Updates' - that’s the bait.

You join the call.
An HR rep read a statement.
Access cut within 5 minutes.
Laptop wiped. That’s it.

• Some management didn’t even know.
• RIF decisions weren’t made by your manager.
• Not even your manager’s manager.

People found out their reports were laid off AFTER the fact... then they got cut next.

SaaS execs were reportedly told:
“Cut 10–12% of workforce by end of year.”

And yes, I'm being told some H-1B workers are being impacted as well.

This morning:

• SVPs laid off
• Longtime employees ghosted by leadership
• 1/3 of some teams already gone"

==============================================================

Oracle stock down almost $20 in the last week.

la's main homelessness agency, lahsa, will cut or reassign staff due to a 5 percent budget reduction this fiscal year. the agency faces city, state, and federal funding cuts and must act by october 15, with outreach roles most at risk. lahsa hopes to limit layoffs by moving employees into 125 vacant roles. leaders say the cuts reflect wider fiscal strains and shifting county funding plans.

You know what that means folks! Which group will get cut the deepest?

Can anyone share any credible info about who's been impacted? Which teams are changing, etc.? Things are too quiet right now.

• Effective October 28, Children’s Hospital Los Angeles (CHLA) will lay off 5.8% of its staff, affecting 439 positions.
• The cuts are part of a strategic plan to address financial strain and support long-term sustainability.
• CHLA leadership says the decision was driven by external pressures, including reduced Medi-Cal reimbursement rates.

https://nurse.org/news/childrens-hospital-los-angeles-layoffs-2025/

It was made very clear in today’s town hall meeting

I'm curious why folks were laid off this time? Is it tenure (expensive), performance (low ratings), or simply political (did not kiss a-s)?

I’m so sorry this is happening to us. I hope everyone will be able to find something else, and soon.

Another day of major cuts across Oracle Database development and other groups. A lot of highly skilled, experienced people with very relevant expertise are being let go. Top performers gone. It looks like the impact is falling more heavily on senior, more experienced employees—though it’s clearly been structured carefully from a legal standpoint. Oracle is not the company it used to be. Sad.

Hyatt Layoffs continue this time in Europe/Mainz Office. EAME Digital Marketing and Sales team trimmed (~15 employees) as Hyatt reduces its corporate footprint in Europe.

Apparently they have laid off sales people in the US and Europe region.Does anyone know or have heard what other departments this may affect?

A major layoff is coming to Colorado Springs. TeKnowledge, a global technology company, will permanently cut over 300 jobs at its Colorado Springs facility.

https://www.koaa.com/news/local-news/major-layoff-coming-to-colorado-springs-over-300-positions-to-be-let-go

https://www.reuters.com/business/world-at-work/conocophillips-says-it-will-cut-workforce-by-20-25-shares-fall-2025-09-03/

Hi everyone - so it was just announced by SAP Spain that they are starting another mass layoff process in the country.

Given the legal requirements of the process, this means it's at least 30 positions impacted of the ~1000 we have here.

I guess the writing was on the wall after that Q2 earnings call with Christian and Dominik.

I'm curious if anybody else has heard from other countries being impacted too?

I’m sure these three basically-kids and two chronic slackers are ready to fill the shoes of the four veterans we just lost. I also hope they’re ready to take on the workload, because I sure as he-l am not going to. Is there even a general idea of how many teams like mine are supposed to function, let alone produce good work?

I was let go this morning after 11 years. From what I understand, they are looking at a major cuts across the board.

Everyone watched it yet? 20-25% through 2026.

largest layoff in FIS history. Directors, Senior directors, grunts like me, etc... maddening.

Which areas?

Sep 02 layoffs estimate for the 24 hours: 3430 jobs lost

Methodology: $general slack channel participants count change. So those are people who lost access right away.

Can anyone confirm if the goal is to reduce the work force to around 30k employees? That would mean a major layoff compared to the current staff size. I came across a comment about this and wanted to see if anyone senior here can confirm this information

Have heard multiple reports within ISG at least of folks having 1x1 meetings put on their calendar last minute for today. Hope it’s not too large of a group this time around. 2H budgets must be tight

..so when exactly would the plug be pulled for the rest of this division, as we all know there is going to be a shift to partners?
Some say end October/Start of November? What are you hearing?

These layoffs are consistent with Oracle's business model. That is to say:

1. Acquire technology/companies
2. Titrate down all investment in that product's innovation, engineering/dev, support
3. Milk the support stream (possible since the customers are now "over the Oracle barrel")
4. Discard the dessicated corpse.
5. Rinse, repeat

Given this model there is no such thing as too many reductions.

Questions?

Based on the most recent Worker Adjustment and Retraining Notification Act (WARN) notices via WARNTracker.com, the following companies are laying off employees in September:

• Quality Food Centers
• Indeed, Inc.
• Jack in the Box
• Cooperative Health
• Fidelity National Information Services
• Sundance Holdings
• Fred Meyer
• RV Country Washington LLC

https://www.newsweek.com/september-layoffs-jobs-workers-tariffs-employment-2120362