#layoffs

Waiting…🤮🤮🤮
This is getting ridiculous!!!

We propose the following revised chargeback structure:

FWA devices: No chargeback period

CPE devices: 0–2 month chargeback period

Purchased phones: 3–6 month chargeback period

No product or service should carry a chargeback period exceeding six months. Establishing reasonable and clearly defined timelines would create a more equitable system and reduce unnecessary financial strain on employees.

1. Insurance Costs

Healthcare costs continue to rise while compensation does not keep pace. Employees are increasingly burdened with financial decisions that should not be necessary given the company’s performance.

1. Pay Raises

Merit increases are often minimal or nonexistent, even for high-performing employees. Current compensation growth does not align with industry standards or inflation.

1. Stock Together Program

There has been little to no communication regarding the future of this program, creating uncertainty and concern among employees about its continuation.

1. Employee Appreciation

Current recognition efforts are perceived as insufficient and disconnected from employee needs. Meaningful appreciation should reflect the real contributions of frontline employees.

1. Retail Store Conditions

Retail locations are experiencing declining traffic and morale. Employees are frequently understaffed, overworked, and experiencing burnout, which negatively impacts both customer experience and retention.

1. Work-from-Home Opportunities

Remote work has proven successful but is being gradually reduced. This limits access to talent and reduces opportunities for employees who do not live near designated locations.

1. AI Implementation

The use of AI in customer routing within VCG and VBG raises concerns regarding fairness and transparency. A first-come, first-served system would provide a more equitable distribution of opportunities.

1. Retirement Benefits

Non-union employees do not receive the same retirement benefits as union employees. This disparity should be addressed to ensure fairness and long-term security for all employees.

1. Paid Time Off (PTO)

The current PTO structure requires extended tenure to earn additional time off. A more reasonable progression—such as increasing PTO every three years—would better support employee well-being. Additionally, limits on accrued PTO should be reevaluated.

1. Contractor Reduction and Domestic Hiring

A commitment was previously made by leadership, including CEO Dan Schulman, to reduce reliance on contractors. However, there has been no visible reduction in overseas sales representatives.

Employees are seeking clarity on when this commitment will be fulfilled and how it will be implemented. Specifically, we request transparency regarding plans to reduce overseas contractor roles and increase hiring of domestic internet sales representatives.

Reinvesting in a U.S.-based workforce would align with prior commitments while improving communication, consistency, and overall customer experience.

Closing

We are proud to work for Verizon and want to see the company succeed. However, that success must include fair treatment, competitive compensation, and genuine respect for employees.

So, layoffs are over and most of the VRP folks have left. David and Kari are headed toward the door. HIH hasn't gotten any worse. Spring is in the air.

With all that in the mix, how is the overall morale you are seeing among your team and co-workers in general?

https://www.youtube.com/watch?v=oU7aQ1tzBHc

Not like you were not warned.

There are enough warn notices that are circulating (state wise) that show execution dates ending till june 2026, so this is not yet over and hence no official communication of all things done - even VP+ who are trying to calm the waters are doing just that - calm the waters, but the sharks are still circling and the reports of 30K with only 12K executed with respect to RIF shows that a larger cut is coming. You bosses have lied to you before many times and are still lying!! If you are not out yet, you are still at risk - 18K is 10% of the current workforce and that is a large risk especially for people over 45, people at IC level with higher pay, people in SaaS/OCI, Sales are almost always risky, but app support is bad now.

Love seeing how these YEARS of instability and layoffs are finally paying off and that stock price is soaring. (Ouchy ouchy)

W.T.F.

Hint: Layoffs don't save companies.

What a s***show

Good old boys network has to GO.

Why is it so secretive? Are they going to reduce workforce by October ?

Exact number needed

When will it end?

It looks like the program I've been assigned to for the past 6 years is slowly being dismantled - there is no appetite to spend time & resources on risk reduction/mitigation strategies any more.

We're expecting to hear next week if the company is truly stepping away from our effort's goals. If that ends up being the decision, how long does our team have before we:

1. End up on the layoff list with HR
2. Actually get notified our positions have been eliminated?

I'm not seeing the same level of employee retention, respect or overall job satisfaction moving forward after the post-merger with SNPS.

The other sad truth was the latest RIF targeted folks that had been with Ansys for 10 plus years marking them redundant and expensive talent.

Ansys was a solid company that treated their employees with respect and dignity. They wanted their employees to successful financially and career-wise.

I bet moving forward that directors and above will be the ones getting RSUs and higher salaries planing for more RIFs while everyone that does the day-to-day work suffer or pushed out.

If there was a change in control (this includes Cash Severance, Pro rata Bonus Payment, accelerated stock vesting etc) OR if they were termed for "no cause" :

Sarah London : $42M
Drew Asher: $25M
Chris Koster: $12M
Susan Smith: $8M
Tanya McNally: $6M

This is what the severance looks like for executives, peanuts for us!

Companies like AWS, Meta or any FAANG and mostly other companies for that matter, ki-l your job when they either fire you or do mass layoffs.

In contrast, working at Pearson, they ki-l your own career! Most people are either ignorant or overlook it. The stakes are very high with low pay when you work for Pearson. You are literally low balling your own career, your prime working life for a company that is highly unstable and no growth!

I do my best for T and been raising my family. In 2018 I got the hint that all things may move to Dallas as they started to let go off people in CA and did a force move to Austin. However, I didn’t. Every day, I wake up with no certainty, not owning anything, living with frustration and fear on what T might do next, as I watch talent go out the door. I feel like a failure in life unable to risk anything to achieve stability. Yes I get a paycheck paying bills but no happiness

Read the email about retirement changes. Sc--wing us again. This company su-ks. And the VOA survey won’t show happy employees. Another joke and complete waste of money

Unfortunately the news article is paywalled. But how exactly do they plan to double profits? More cutbacks?? Is this the part where private equity starts doing what they do best, cut everything down to nothing to maximize profits?? Here is the link to the article but sorry it's paywalled.

https://www.bloomberg.com/news/articles/2026-04-02/walgreens-private-equity-owner-plans-to-double-chain-s-profits

T. Rowe Price laid off 54 employees. The reductions affected its Baltimore headquarters. The workforce reduction became effective February 6. State filings revealed these job losses. This follows earlier targeted role eliminations.

Baltimore, Maryland

https://www.citybiz.co/article/806606/t-rowe-price-lays-off-54-employees-at-baltimore-headquarters/

All Amazon Fresh stores in the state will close. These closures take effect this Sunday. Amazon operates these grocery locations. The company plans to expand its Whole Foods brand. This decision impacts all Fresh grocery stores statewide.

https://www.bizjournals.com/baltimore/news/2026/01/30/amazon-fresh-layoffs-close-maryland-jobs.html

A recent study reveals 40% of Maryland's workforce is at high automation risk. This is the largest share of any U.S. state, excluding Washington, D.C. State leaders are now addressing potential job displacement from artificial intelligence. Governor Wes Moore is promoting job training initiatives. The Maryland Department of Labor announced a $4 million plan for worker retraining. This plan focuses on fields like cybersecurity and advanced manufacturing.

Baltimore, Maryland

https://foxbaltimore.com/newsletter-daily/how-is-maryland-preparing-for-ai-layoffs

Maryland experienced the most federal job cuts last year. About 24,900 federal jobs disappeared since January 2025. A government shutdown and deferred resignations contributed to these reductions. Montgomery County recorded 9,900 job losses in that timeframe. However, Maryland gained almost 100,000 private and local government jobs.

https://www.mymcmedia.org/maryland-leads-in-the-most-federal-jobs-lost/

Mid Maine CPL, a Dunkin' franchisee, abruptly closed its Lewiston, Maine pastry factory. The facility had operated for over 20 years. Management cited high operating costs and an aging infrastructure for the closure. Dozens of employees now face layoffs. Some workers reported receiving no official advance notice of the shutdown.

Lewiston, Maine

https://www.masslive.com/news/2026/01/dozens-face-layoffs-as-dunkin-pastry-factory-in-maine-abruptly-closes-after-20-years.html

Charter Communications is laying off 176 employees in Maine. These workers were informed of the decision on Wednesday. The company is transitioning work from its Portland call center. This work will move to other U.S.-based centers immediately. Affected employees can relocate or receive 90 days of pay followed by severance.

Portland, Maine

https://wgme.com/news/local/charter-communications-lays-off-176-maine-employees-spectrum-call-center-unemployment

A new bill in Maine seeks to limit hospital charges. Rep. Drew Gattine sponsors LD 2196 to cap prices. It requires insurers to pay 110% of Medicare rates for primary and behavioral health. Large hospitals would be capped at double the Medicare rate. Maine Health and Northern Light Health warn of thousands of layoffs.

https://spectrumlocalnews.com/me/maine/health/2026/03/06/maine-bill-proposes-hospital-fee-caps--but-providers-warn-of-layoffs-and-closures

The University of Maine plans to reduce its budget by $5.6 million. This will result in layoffs for fewer than 10 staff members. UMaine President Joan Ferrini-Mundy announced these changes via email. The university faces an $18 million budget shortfall. Additional cost savings include leaving positions unfilled and using gift funds.

Bangor, Maine

https://www.bangordailynews.com/2026/03/11/bangor/bangor-education/umaine-staff-layoffs-millions-budget-cuts/

Anyone else noticing targeting older experienced employees to push them out .?

For those of you have been impacted, how was your final pay received?

I’m salaried and was let go on 3/19 with final date of 4/2. I received a direct deposit on 4/2 in two of my bank accts but not my 3rd acct. I expecting to get paid for 3/22-4/3 period on the next pay date of 4/10 since the last pay date was 3/27.

Have others impacted on 3/19 or previous rounds experienced this? I’m going to guess they just pay out on an off cycle for those laid off?

After more than two decades here, how the he-l am I to take this as "just business?"

A technology consultant is conducting layoffs. Dozens of sales representatives are affected. These job cuts are occurring in Atlanta. The specific company name was not provided. No further details about the layoffs were stated.

Atlanta, Georgia

https://www.bizjournals.com/atlanta/news/2026/04/02/accenture-layoffs-buckhead.html

Walmart is closing two fulfillment centers. One facility is in Matteson, Illinois, and another is in Worcester, Massachusetts. These closures will impact 201 employees in total. The company is shifting to larger, automated logistics operations. Saks Global and ShipMonk are also reducing their logistics footprints.

https://wwd.com/sourcing-journal/logistics/walmart-layoffs-closes-smaller-fulfillment-centers-illinois-massachusetts-sams-club-saks-global-shipmonk-job-cuts-1238871849/

A St. Louis company employs over 2,300 people. Officials indicated potential job reductions. A limited number of positions are affected. These affected roles are in customer service. The company's specific name was not provided.

St. Louis

https://www.bizjournals.com/stlouis/news/2026/04/02/firm-with-2-300-local-employees-eyes-cuts.html

Oracle implemented job cuts. Dozens of software development roles were eliminated. These reductions took place in the Bay Area. The company cited a mass global restructuring. Specific details beyond this remain unstated.

https://www.bizjournals.com/sanfrancisco/news/2026/04/02/oracle-pleasanton-layoffs.html

Southeast Kansas Mental Health Center will terminate 23 staff members. Salary reductions are also being implemented for remaining staff and officers. The organization announced its separation from Ashley Clinic and Yates Center Dental. These actions aim to stabilize SEKMHC and ensure continuity of services. The changes follow a retroactive rate adjustment for 2025 and ongoing financial turmoil.

Iola, Kansas

https://www.iolaregister.com/news/local-news/sekmhc-announces-layoffs-separation-from-ashley-clinic-and-yates-center-dental

The Salem-Keizer School District announced plans to eliminate 130 positions for the 2026-27 school year. This decision stems from declining student enrollment and a need to cut $23 million from the budget. Approximately 60 teacher jobs and 60 classified employee positions will be cut from schools. Most affected employees will be reassigned or replaced by retiring staff. Up to five classified employees could face layoffs. These reductions aim to avoid widespread disruptions seen in previous budget cuts.

Salem, Oregon

https://www.salemreporter.com/2026/04/02/as-enrollment-declines-salem-keizer-schools-will-cut-130-jobs-largely-without-layoffs/

The YMCA of Greater Charlotte announced staff layoffs. This action is part of a restructuring for financial sustainability. A limited number of positions across the association were impacted. The organization's revenue decreased by 26% since 2019. Membership levels have not recovered to pre-pandemic numbers.

Charlotte, North Carolina

https://www.charlotteobserver.com/news/business/article315280372.html

We are able to hire warm bodies . That is all. $14-$16 starting, some positions have zero applications. 😳😳 and if we do hire don’t expect much out of them.

Your alarm goes off at 6 AM. There's an email from "Oracle Leadership." You've never gotten a message from that sender before. It says your job is gone, today is your last day, and severance details will arrive by DocuSign. By the time you finish reading, your company laptop is already locked.

This happened to up to 30,000 Oracle employees this week. Oracle reported $17.2 billion in revenue last quarter, its best in 15 years. And it still fired nearly 1 in 5 of its people. The stock went up 6% today.

Oracle owes over $108 billion. The company signed a $156 billion deal to build AI data centers over five years, mostly for OpenAI (the company behind ChatGPT). That requires buying roughly 3 million specialized computer chips. Two years ago, Oracle spent $6.9 billion a year on this kind of construction. This year it's $50 billion.

The 30,000 people who got that email are funding the gap. Investment bank TD Cowen estimates the layoffs will free up $8 to $10 billion in cash flow, money going straight into chips and construction. Oracle filed a $2.1 billion restructuring plan with regulators in March, and nearly $1 billion had already been spent before the emails went out.

Lenders are getting nervous. The cost to insure Oracle's debt against default has spiked to levels last seen during the 2009 financial crisis. Barclays downgraded Oracle's debt in November, warning the company is one step from "junk" status, the point where lenders consider you a serious default risk. Some banks have stopped lending to Oracle for these projects altogether.

The gamble gets worse. CNBC reported on March 9 that OpenAI, Oracle's biggest customer for all of this, is already looking at newer, faster chips from Nvidia. Oracle ordered the current generation and spent billions building out a massive Texas facility. OpenAI may not fully expand into it. The chips improve faster than the buildings go up.

It won't be long before it's my or your turn to depart and face the real world and actually work for a living...

From the emails and town halls, they are outsourcing some departments in two waves. We are near the end of wave two. We all received the email that future waves are not planned at this time.

But with AI, tension internationally, cheaper international call centers, demand for product changes, who knows what the future looks like.

And to the comment: umm yes, if they let people go they are probably age 40+. The people that continue work here are also over age 40 on average. Not sure why you made a comment on age, oh because you don’t work here.