#layoffs

These a--holes have the audacity to force people to wfh full time and are now asking if you will relocate so when you say no they can fire you

https://old.reddit.com/r/ATT/comments/1ppowek/att_staff_outrage_prompts_ceo_stankey_to_regret/

Anyone cut today !

What are people hearing?

Unemployment is near the 2008 housing crash level and the year is not even over yet. The Feds have activated the money printer on December 12 in preparation for company bailouts. We have the Great Recession 2.0. Car loadings are low. Trains are running conventional left and right. Post your thoughts 2026 here.

Any news? The WCs keep hiding behind the confidentiality.

The only thing he’s doing is planning ahead for the 2026 layoffs in January

Anyone drinking the Kool-Aid still? Read this: https://simplywall.st/community/narratives/us/diversified-financials/nasdaq-fisv/fiserv/puwknbpq-tech-giants-blockchain-and-fee-pressures-will-erode-profitability-e9qo/updates/3-3-analysts-have-slashed-our-fiserv-fair-value-estimate-from-ab?utm_source=Braze&utm_medium=email&utm_campaign=CommunityDigest

For those that don’t know, the Verizon stores in the houston area have had armed security in their stores for the last 10+ years.

Today we were told that beginning 01/01/2026, the following stores (Cinco Ranch, Aliana, Fulshear) will no longer need police officers due to the restructuring.

I do not know if the stores will be converting to third party or shutting down but figured it would be good to give employees a heads up to start getting their personal affairs in order.

The older workers pdf clearly showed a bias in laying off the older population of RFEs. A couple of very recent RFE hires were included in with the riffed group (to mask the age discrimination?). Were RFEs in other regions affected similarly?

Also, the CARTN RFE team already has approx. 20 contractors (not touched) supporting the build plan (entering data in the tools per the RFEs' directions, plus running plots for review by the RFEs). ALL of the 20 or so contractors appear to be from India (Amdocs, with the contractors in TX?). Are the contractors now going to planning the designs of the cell sites? How is the quality of the designs (new builds and modification projects) going to be affected given the relatively short time span contractors are working for VZ (through Amdocs)? Contractors do not have as much skin in the game as fulltime VZ employees, and it may take 6 months to a year and a half for poor quality work to show up in the network.

Really short sighted on the part of management.

After laying off over 2000 employees in 2025, we were notified in an all hands meeting near the end of November that they were done with cuts "for the rest of the year." During an IT All Hands meeting in December, Brian announced that we should expect a 25-40% reduction in staff due to AI implementation (which they strongly pushed on everyone).

Which one will be shut down? District 19 IAM is passing out New York Dock agreements to members.

AB Closes 3 plants - Fairfield, Merrimack and Newark - Employees allegedly given opportunities at other breweries.

Toxic corporate environment - I know because I lived it.

With the high degree of managerial incompetence that is plaguing this company how does one mange to let himself be PIPed out ?
Proving that someone is incompetent and is not performing well requires some degree of technical sophistication that MOST of the managers we have are not capable of.
I have seen this a lot around here, oh they put me on a PIP. Technically it is very difficult to fake prove that someone is incompetent unless the person is indeed incompetent. The performance factor will always be arguable and no judge in this world will grant Cisco reasonable grounds for termination with the current workload level most of us have. Adding more to that to push you out is practically impossible. The current workload as is it is already border line, medically and from legal perspective.

So my opinion is that when I see that people are complaining about being PIPed out, is that they really needed to be

To all the managers that are giving bogus reviews and letting people go before Christmas, rest well... You could be next! Your job can be moved offshore at any time too. Keep drinking the Kool-aid they are serving. They are NOT for the employees. It's all about GREED! Merry Christmas!!!

Caroline (SVP) is visiting Lake Mary today. Anyone know the purpose of their visit a day prior to the last day of the folks affected by the layoffs? The leaders already look like they are putting on fake smiles and fake energy.

Those of us who survived are still in limbo.. there is no new plan or no new priorities.

I do not know what’s going on

Dell is just moving the deck chairs around in the titanic for 2026. We’ve got the same leaders in ISG and CSG but in new positions because they’ve either laid off or the other good leaders quit or moved into different roles. Now we are stuck with the ignorant and arrogant. We are going to go through the same ideas but they’ll be “new” because they came from new, unqualified people who just have no business being in their roles. They way they got to them wasn’t by earning them but because people left or moved. Now we all have to deal with the “new” but not “new” ideas.

The realities are simple. We need better leadership. Leadership that’s not going to think they’re amazing but industry leaders with a real perspective on the industry.

Right now we’ve got a bunch of kids a$$ leaders who all have their own agenda. If you can leave in 2026 you should. It’s going to be a frustrating year.

BTW - hammer them on the eNPS.

Nineteen layoffs are expected in Fort Myers as a window installation hub prepares to close. An unnamed company operating the installation center is ceasing its operations. This decision will lead to significant job reductions for the local workforce. The closure marks the end of the window installation hub's presence in the city. The layoffs will directly affect 19 employees in Fort Myers.

https://www.businessobserverfl.com/news/2025/dec/17/layoffs-fort-myers-installation-hub-closes/

https://www.livemint.com/news/us-news/h1b-and-h-4-visa-holders-face-prudential-visa-revocation-what-does-it-mean-and-will-it-affect-their-stay-in-the-us-11765718081536.html

A round focused on middle management and across the organization.

Srini/CEO did imply things would settle down by March, 2026.

This place operates like a spreadsheet with badges. If you are not part of the small group steering decisions, you are just a cost line waiting to be adjusted. There are companies that still treat people like long-term investments. T is not one of them.

1 or 2 Managerial staff laid off recently on gaming side.

Intercept Pharmaceuticals is undergoing a significant restructuring, which includes 146 layoffs across its operations. This move comes shortly after the withdrawal of its liver disease dr-g, Ocaliva, from the market. The layoffs are a direct consequence of the company's strategic re-evaluation and market adjustments. Affected employees will be impacted as the company realigns its operational focus in response to recent challenges. This restructuring aims to streamline Intercept's operations following the major product withdrawal.

https://www.fiercepharma.com/pharma/intercept-heels-ocaliva-withdrawal-restructures-146-layoffs

The strategy is simple, keep making $500 - $750 million a year profit. Make the employees and other assets sweat to enable the Execs to make millions and enjoy other perks. Employ weak Exec froends who are not capable, Come up with fantasy themes like Cloud Right, Technical Debt, AI, Rebranding, musical chairs to keep employees and investors on board. Rinse and repeat for years.

https://www.newsweek.com/h1b-visas-banned-republican-proposal-11226290

This sounds a lot like a Verizon cutbacks which are contributing to this current trend. November and December cuts will likely be no better.

Job cuts surge in worst October layoffs in 22 years.

Nov. 10, 2025, 12:47 p.m. ET

Propelled by cost cutting and the growing adoption of artificial intelligence, employers slashed more than 150,000 jobs in October, the largest wave of layoffs in more than 20 years, a report from Challenger, Gray & Christmas said Thursday, Nov. 6.

Seeking to cut costs, technology companies shed the most jobs, followed by the retail and services sectors, the outplacement firm found. Amazon, UPS, Microsoft and other firms have recently announced layoffs.

In what could be another sign of a softening labor market, October layoffs jumped 175% from a year ago to 153,074, the highest level since 2003, Challenger, Gray & Christmas said.

"Some industries are correcting after the hiring bo-m of the pandemic, but this comes as AI adoption, softening consumer and corporate spending, and rising costs drive belt-tightening and hiring freezes," Andy Challenger, chief revenue officer for Challenger, Gray & Christmas, said in a statement. "Those laid off now are finding it harder to quickly secure new roles, which could further loosen the labor market."

Job cuts so far this year have soared to more than 1 million, a 65% increase from last year at this time, driven by what Challenger, Gray & Christmas called the "DOGE Impact" – mass reductions to the federal workforce and government contractors as well as the loss of federal funding to private and nonprofit entities.

Year-to-date layoffs have reached their highest level since 2020, when there were more than 2 million job cuts through October. This has been the worst year for announced layoffs since 2009, Challenger, Gray & Christmas said.

Challenger, Gray & Christmas said it was surprising to see such a large wave of cutbacks in the fourth quarter, when firms typically shy away from announcing layoffs.

What’s more, more companies announced job cuts in October, Challenger, Gray & Christmas said. The outplacement firm tracked 450 plans to cut jobs, up from less than 400 in September. That tops March, which saw the largest number of job cut announcements at about 350.

"At a time when job creation is at its lowest point in years, the optics of announcing layoffs in the fourth quarter are particularly unfavorable," Andy Challenger said.

With official data gathering suspended during the government shutdown, investors are paying close attention to data from private sources like Challenger, Gray & Christmas to understand what is happening in the labor market.

Federal Reserve officials have expressed concern about the job market and the central bank has lowered its benchmark interest rate twice since September. The move brought the Fed’s benchmark interest rate down to a range of 3.75% to 4%. Some economists think another cut could come at the Fed’s December meeting, though Federal Reserve Chair Jerome Powell has said a third straight reduction is not guaranteed.

Labor market watchers downplayed the Challenger, Gray & Christmas report, saying the firm has historically been a "poor predictor of future labor market conditions."

"But against the backdrop of a low-hire labor market this bout of corporate job-cutting does represent a bigger labor risk then the 2022 tech layoffs, when these workers were quickly scooped up by other industries," Vanguard said in a statement. "However, we ultimately expect that persistent labor supply constraints over the next three years will help offset the unemployment impact of cyclical and technological pressures."

https://www.usatoday.com/story/money/2025/11/06/october-job-cuts-surge-worst-layoffs/87127775007/

What's going on with these layoffs....will optum health services GL 22 agents get hit?

Was presented with a red folder and escorted off North Belt Campus this morning. I worked as an advisor in Technology for many years. Sadly, I knew this was coming. Projects for next year have been frozen. I've been battling to get approvals just to order a few $ worth of parts for the project. Pretty sure more people will disappear. I now understand some other post saying that Winter is coming. Thank you for the Xmas gift HAL! Best of luck to y'all.

I'm hearing that there will be a big layoffs coming around in early spring after EMEA Go-Live. Preparing the resume and being frugal. Very worried about future.

How are they even going to support all the cutover and stabilization issues?

Anyone know if they will layoff non RN MSW coordinators? They hired many bachelors level social workers and other specialities under old guidelines… merged the care coordinator and service coordinator role and said those non RN MSW were grandfathered in…. Now whispers of laying those off? Not sure with the so many transfers from other insurances to UHC and merging Medicare Medicaid how they could function…. But anything can happen!

I don’t believe they laid off that many people in corporate offices last week. There was no need for HR to send out that email in North America.

smaller layoffs no packages this time in jan apparently

More layoffs, or not? I assume the fact that a significant number of layoffs happened yesterday doesn’t really affect what happens on Thursday.

Intercept plans to cut 146 employees in three tranches starting Dec. 31, the company revealed in a filing to the state. Some of the cuts are set to take effect March 31 and others June 30, according to state records.

https://www.fiercepharma.com/pharma/intercept-heels-ocaliva-withdrawal-restructures-146-layoffs

Oracle defends infrastructure spending spree amid mounting AI demand

The company raised its fiscal year capital investments forecast by $15 billion as its cloud backlog surpassed $500 billion.

The company defended the $15 billion increase with assurances that the investments were tied to committed customer spend. “The vast majority of our capex investments are for revenue-generating equipment that is going into our data centers,” Principal Financial Officer Doug Kehring said. “We are confident that our customer backlog is at a healthy level and that we have the operational and financial strength to execute successfully.”

https://www.channeldive.com/news/oracle-capex-spike-cloud-ai-data-center/807716/

Everyone knows they are making up bogus performance reviews and attempting to fire people with little to no severance based on said bogus reviews. I no longer work there but still in close contact with many. I was told by legal counsel the made up bogus reviews themselves while beyond unethical, not technically illegal. I would be curious if anyone else has had success legally fighting them on that basis alone? Outside of my curiosity, any information may help others. I went after them based on protected class issues that are illegal - discrimination, retaliation, etc. That worked. They wrote me a check for a year within 2 months. They caved easily. No effective internal counsel whatsoever. They were all fired too so they farm out to junior staff at Reed Smith. The whole thing is disgusting but nothing we can do to change it other than keeping one another informed. Maybe will change someday when legal action is so frequent becomes untenable for them but don’t hold your breath for now. To all of my friends, former colleagues, and to those of you I don’t know who still work there, I sincerely wish you all the best.

Superintendent Frankie Alvarado will present a notice of potential administrator layoffs to the Douglas County School Board. Trustees will discuss and potentially act on this notice on Thursday. The district faces a significant deficit due to declining enrollment. The district also reported a negative ending fund balance in its 2025 audit. School Board President Yvonne Wagstaff will address past Open Meeting Law violations.

https://www.recordcourier.com/news/2025/dec/17/administrator-layoffs-on-the-table/

Imperial plans 2026 turnarounds at two Canadian refineries

In 2026, the ExxonMobil affiliate will execute turnarounds at its Strathcona and Sarnia refineries aimed at boosting efficiency and meeting upcoming environmental standards.

Robert Brelsford
Dec. 16, 2025

Key Highlights

Imperial Oil schedules full 2026 turnarounds at Strathcona and Sarnia refineries to boost performance.

Maintenance at Strathcona targets 197,000-b/d crude unit following record 10-year run.
Imperial projects 395,000-405,000 b/d 2026 throughput, 91-93% utilization across Canadian system.

ExxonMobil Corp.’s majority owned affiliate Imperial Oil Ltd. has scheduled major planned maintenance events at two of its Canadian refineries in 2026 as part of the operator’s ongoing strategy to maximize performance and profitability of its existing assets.

Imperial will complete full turnarounds of both the 197,000-b/d Strathcona refinery near Edmonton, Alta., in western Canada, and the 124,000-b/d refinery at Sarnia, Ont., next year, in line with its corporate downstream strategy to improve operational performance via enhancements to logistics and processing flexibility at the sites, the company said in its 2026 corporate guidance outlook for investors on Dec. 15.

The Strathcona refinery is currently scheduled to enter maintenance during second-quarter 2026, with Sarnia’s turnaround planned for third-quarter/fourth-quarter 2026, according to the company.

Without revealing detailed project plans for the scheduled maintenance events, Imperial confirmed planned works at Strathcona would focus on the refinery’s main crude unit, which recently achieved its longest-ever run length of 10 years.

The company also suggested turnaround activities would presumably include works to further prepare the refineries for upcoming emissions-related regulations set to take effect in Canada.

The operator previously scheduled smaller-scale turnarounds at all three of its refineries this year, including Strathcona in second-quarter 2025, Sarnia in third-quarter/fourth-quarter 2025, and the 113,000-b/d refinery in Nanticoke, Ont., in second-half 2025.

Confirmation of the 2026 turnarounds at Strathcona and Sarnia follows the operator’s completion and commissioning earlier this year of the Strathcona refinery’s new renewable diesel production complex that combines a mix of locally sourced renewable feedstocks such as canola oil and blue hydrogen (hydrogen produced from natural gas with carbon capture and storage technology) to produce 20,000 b/d of renewable diesel to help decarbonize Canada’s hard-to-abate sectors in line with the transition to a reduced-carbon future.

In addition to announcing the two 2026 turnarounds, the company said it expects 2026 throughputs of 395,000-405,000 b/d across its three-refinery Canadian system, with an anticipated systemwide capacity utilization of 91-93%.

https://www.ogj.com/refining-processing/refining/operations/news/55338848/imperial-plans-2026-turnarounds-at-two-canadian-refineries