#layoffs

It seems BNY is preparing for its next round of layoffs by trying to make people leave voluntarily (shock horror). I’ve been a people manager here for several years now and was told last week I will no longer be a people manager because I’m not senior enough (need to be Sr Dr or above), my staff are in a different location and there aren’t enough people in the team. Every time I hired I wasn’t able to hire in my location because it was ‘too expensive’, whilst at the same time new MDs and Sr Dr’s were being hired at ease. The team I’m in has reduced from 32 to 18 FTE over the last 18 months and we’ve not been allowed to replace anyone. This is a clear tactic by the company to get people at my level to leave by making us all utterly miserable, and if that fails they’ll just use it as an excuse to give a lower performance rating. They do something like this every time a layoff round is coming to get people to leave voluntarily and save them paying out. Got to hand it to them though, they really have created the most toxic and intolerable workplace that ever existed, so they are meeting their metrics in that regard and we all know how important metrics are at BNY.

The (Bottom Line) is that (No Matter What) Corporate (AI Workforce Displacement) is going to (Increase) into 2027 (at least) -

• A (Perfect) recent example is Oracle who just (Prioritized) Ai spending over Employees by laying off 25,000 on W, 4/1/26.

• Employees are (Always) considered a line-item (Expense) due to the (Cost) of salary, and benefits by a Corporation.

• AI RPA (Robotic Process Automation), and other AI efficiencies contribute to the Corporate bottom line.

Per the LEI - Leading Economic Index, a Major Recession is enroute > 2027.

Heard sales team took a hit today! Any other teams?

What’s the scoop on layoffs for Richmond hill and Pendant?

So in the Morrisville, NC office it seems just about all of the layoffs were older employees 60+. I think there were enough older employees it might be worth a conversation with an attorney. Nothing definite, just get a professional’s point of view.

Any thoughts around the EMTech forum held today by D!lan Puke and the other BTC lovin' gang of yes men?

Would love to hear more on the AEST item that is coming for the sites that he mentioned but never really said much about. It's happening in Singapore first and coming Europe's way next. Canada's taking their flogging now.

When do you think they will hit the US and to what level? 30% 40%, more?

Site people listen closely

To show that I'm a yes man too, "Go BTC"

Heard of any layoffs for CBG teams? Got a worrying invite about an hour ago about a virtual team update tomorrow morning.

All sr managers in my org got let go this week, and I bet we are next. Anyone else get told to work form home next week?

If the layoffs are over for now, does anybody know the total number of casualties? It seems an entire BU in Engineering was eradicated. There will be nothing left to divest.

I am in IT, but I heard that the ELT is so upset with HR that the CHRO has to layoff 2 LT members by the end of they year. If they do that, expect other layoffs to be cover for it. Hunger games at its finest.

Not sure which group is worse to be a part of. IT or HR?

today's the official separation date for thousands of us since RIF waves started at the beginning of the year. pour one out. 🥂

and to everyone out there suffering at a job they hate - remind yourself that hundreds of thousands of people are actively looking for work and it is statistically, measurably harder to find a job when you don't have one. your misery is temporary. unemployment is also miserable but with added financial anxiety.

refer people when you can. be kind to applicants. and if you know someone who got laid off today, check on them.

we're gonna be fine probably 🫡

A story from the Indian media

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

The video mentions the heartless way the cuts were being carried out.

So far red badge contract HTOMs, engineers, and intake phone staff are being laid off. So sad to not give much warning and out into the saturated market.

Leadership is counting on you being scared enough about your job that you’ll take on the work of those who were just laid off. Don’t do it. Don’t play their game. Say you’re busy, which, let’s be honest, most of us already are. Let them see what happens when you cut that many people and expect the same work to get done.

When I was hired at USB about 5 years ago I was surprised by the number of people were offshore. Also surprised by the number of employees who were from India or other countries. Didn’t really think much of it until I was the last American born person on my team of 10 and I was the one part of a larger RIF.
Anyone know if the bank is limiting H1B now that their plan is to ramp up the offshoring jobs to India? Anyone know any H1Bs who have been part of a RIF?

I don't even care what happens next. I just can't keep stressing like this. The whole Cognizant situation has been its own special he-l. And now there's talk of more layoffs this summer? Why am I bothering with this job? We're just circling the drain.

Or is it just speculation?

the opening number to a musical. The Pajama Game (Google it, youngsters) was a musical about employees attempting to negotiate a better contract through their union. The Pajama Game was a musical comedy. This is a musical tragedy. Billie Eilish could do it. This is the theater of the absurd.

Based in Europe in the Product org. We were told this week that by July 1st they will have the reorg pretty much done and seems like layoffs are coming due to the TAM.
What's other orgs hearing and what region are you in?

Is that the plan? Workload's unmanageable. Half the tasks are things none of us know how to do. What am I supposed to do? Magically acquire a whole new skillset?

Please share any updates.

Employees being walked out of locations that may be closing the brick and mortars.

Walmart filed the following WARN layoff notices for May:

• Matteson, Illinois (April 2026 Notification): 111 employees to be laid off in May 2026 as part of a facility closure, reported via Illinois WARN records.
• Worcester, Massachusetts (April 2026 Notification): 90 employees affected by the closure of a fulfillment center, effective May 29, 2026.

April and May are traditionally favorite months for Walmart to do layoffs.

Removed my earlier post. Many layoffs going on there. Bad management. Incompetence rules the day.

I kept asking how I was doing despite having 1 bad mid year and now I just got let go. They just kept quiet for no reason and then told me its over.

St. Clair College approved a budget projecting a $5.5 million deficit. Staffing cuts are expected to affect teaching positions this fall. Approximately 37 faculty members are retiring this spring through a voluntary exit program. These retirements will help avoid full-time layoffs this year. However, future funding and enrollment remain significant concerns for the college.

https://www.am800cklw.com/news/st-clair-college-faculty-union-says-retirements-offset-layoffs-for-now-but-future-funding-remains-a-concern.html

Jefferson County has experienced approximately 500 job losses over the past six months. These layoffs affected various sectors, including utilities, retail, and parking services. Central Alabama Water notably cut over 200 positions, creating a significant workforce gap. City and county leaders are hosting a job fair at Boutwell Auditorium to assist displaced workers. Over two dozen employers will attend, offering hundreds of potential new jobs.

Birmingham, Alabama

https://abc3340.com/news/local/jefferson-county-job-fair-aims-to-offset-recent-layoffs

Oracle is laying off thousands of workers nationwide. The company has not confirmed how many Austin employees are affected. Economists view these cuts as a broader tech industry strategic shift. This shift aims to free up capital for AI infrastructure investments. Experts advise job seekers to focus on acquiring AI-related skills.

Austin, Texas

https://www.kxan.com/news/local/austin/oracle-cuts-thousands-of-jobs-prompting-questions-about-austins-tech-economy/

Parent companies of New Orleans TV stations are merging. Nexstar and Tegna are involved in this significant merger. Employees at WWL and WGNO anticipate operational changes. They are bracing for potential job layoffs. The merger could profoundly affect local broadcasting personnel.

New Orleans, Louisiana

https://www.axios.com/local/new-orleans/2026/04/02/new-orleans-tv-stations-brace-for-possible-layoffs-amid-nexstar-tegna-merger

U.S. employers announced 60,620 job cuts in March, a 25% increase from February. This figure is still down 78% compared to March last year. Artificial Intelligence (AI) was the leading reason for cuts in March, accounting for 15,341 positions. Technology, Transportation, and Healthcare sectors show the highest year-to-date job reductions. Overall first-quarter cuts are the lowest since 2022. Companies are shifting budgets towards AI investments, impacting traditional roles.

https://www.challengergray.com/blog/challenger-report-march-cuts-rise-25-from-february-ai-leads-reasons/

Iowa reported 83 total layoffs in March. Car dealerships Sky Chevrolet and Sky Auto Mall accounted for 76 job losses. These dealerships are located in Newhall and Center Point. They face lawsuits from Stellantis Financial Services and Ford Motor Credit Co. The lawsuits allege the dealerships took out multiple loans on the same vehicles.

Cedar Rapids, Iowa

https://www.desmoinesregister.com/story/money/business/2026/04/02/iowa-layoffs-march-83-workers/89421684007/

Oakland City University anticipates a mass layoff. The university issued a WARN notice. Some employees received the notification. All university staff could be impacted. A local newspaper obtained the email.

Oakland City, Indiana

https://www.courierpress.com/story/news/local/2026/04/02/oakland-city-university-warns-employees-of-mass-layoff/89435291007/

Anyone else hear of others getting put on so called coaching plans? I was put on one last fall and somehow made it out. Others weren’t so fortunate. Hearing about some others here lately that have been put on them during Q3

whyh why why

Having worked with every one of them, I'm genuinely happy I'm leaving intel in two weeks. This is a fu--ing embarrassment.

Please post any information you have on the Follow the Work letter such as what type of information is included and what it asks you to do.

What locations does it list as your new office address? How much times does it give you? Have your teammates received one?

Serious responses only please. This is to help others and myself understand what is going on at T.

I’ve never seen this many people leaving at once. This isn’t normal turnover. This is a mass exodus, and everyone knows exactly why.

You forced a five-day RTO that nobody wanted, layered on tracking that feels like a maximum-security system, and created an environment built on fear instead of trust. People held out hope it would get rolled back to something reasonable. The notorious 8/1 email ki-led that overnight.

Since then, it’s been a steady stream of exits with a significant ramp in 2026. And it’s not random. The people leaving are the ones with options. The ones who actually drove results. The ones you can’t replace.

Who replaces them? Not “top talent.” It’s the bottom quartile of talent, whoever is willing to accept a five-day, heavily monitored, in-office model in 2026. That’s a much smaller and much weaker pool. That’s just reality. It’s the most desperate undesirable people with no other options. Nobody is choosing this model if they have a better option.

So what you’re left with is predictable. High performers check out or leave. Everyone else learns the game. Swipe in, sit down, do the minimum, go home. Because that’s what you’re measuring now. Presence, not performance.

This is a direct result of the decisions being made in the c suite. And it’s hollowing the place out in real time. Congratulations stink, you’re going to be the chairman of nothing. Your legacy is tarnished and getting worse by the day. Tick tock, time is running out.

August 31st.

FIS either realized their mistake in record time, or need additional time to line up a buyer.

I'm hearing last mile delivery should have nothing to worry about because the remote Associates that didn't want to move to Arkansas were let go. Thoughts?