#layoffs

How much did AT&T lose on Time Warner and DirecTV?
Months before it sold Warner Media to Discovery, it spun off the satellite broadcaster DirecTV, another prong in AT&T's media strategy, with a loss to shareholders of about $49 billion. By The Times's calculation, between the Time Warner and DirecTV deals AT&T has squandered close to $100 billion!!!
How do we lose soooo much money and still have the same dum dums at the helm!???

I hope a manager can answer this question. How does this work?
Who decided how many headcount need to be fire?
It it decided by corporate HR , manager level, VP, or some other department?

If Fannie Mae is bringing in 2.07 MILLION per employee, per year, why are layoffs necessary? Please educate me because I'm obviously a mo--n.

https://the-cfo.io/2025/12/09/the-hidden-engines-driving-million-dollar-employees/

long story short my manager said cuts are coming really soon to analytics and other divisions.my sisters 23 has been applying everywhere since she graduated and has not gotten anything, im so fu--ing scared since this is my only big boy job.How are yall searching??

Projects have been cut as part of funding for 2026. But the RIF did not remove those team members. Dan did not announce any new initiatives so now the SDs with no projects are lurking and stealing projects as part of so called reorgs.
The VZ bureaucracy was always bad and now its getting toxic

What am I missing?

Will layoffs affect offshoring in the context of it increasing or decreasing?

I am miserable in my new role, the new office environment, and the new (poor) attitude that seems to come from every senior manager. I'm planning to quit, but if the next layoff isn't too far off it may be smarter for me to wait. Does anyone have reliable information as to when the next one might be?

Any update news? We don't care about employee layoffs now. It will always happen at anytime, no matter of the company conditions. Who are going to buy Intel?

do a a quick google search, multiple articles released today. Feels like they are easing into what’s to come.

Who was laid off today? Which teams? Sales, warehouse closures, or corporate teams? I heard S&T is still afloat.

More layoffs are coming around the mountain.

Happy Holidays

Good luck to all!

I keep hearing December 18th as a date for consumer group. Directors have a PTO block after , probably to do damage control. Also expenses need approved by that date. Anyone hear anything more concrete?

Plans are in the works to save hundreds of the roughly 1,000 jobs slated to be lost at Algoma Steel Inc.

Bill Slater, president of United Steelworkers local 2724 that represents some of the affected employees, says as many as 500 people could be back at work by the end of next year.

https://www.theglobeandmail.com/business/article-algoma-union-job-cuts-federal-loan/

What about us lowly folks? Any idea which teams are at risk?
If you’ve heard anything, please share.

Commercial team today (immediate). Field sales teams tomorrow (future state). Need to right-size for the future. Q2 1NA launch on a large scale.
@aq+1kbzgjt4w

Hear me out!

It was reported that the executive board wanted to lay off 10000 employees. But of those, 3000 quit and others found a job somewhere within the company.

There are also reports that the restructuring expenses cost €3.1 billion.

Now I am no math genius but if I divide 3.1 billion with 3000, that is more than a million on an average. Given how high some salaries are, it is safe to assume that many employees got hundreds of thousands. But definitely not millions.

So where did all the money go?

If you ask around, you'll hear that a lot of money went to Marty Cagan and his company and to third-party consultants who suggested layoffs. I don't know if this is true. But we need an investigation into this.

What is to say that the executive board isn't actually laundering the money through these consultants?

In 2024, SAP expenditures related to restructuring were 10% of the total cloud backlog! Why would any company in their right mind reduce cash flows like this by laying off more employees and also doing share buybacks and paying executive bonuses in millions? And then saying there is no money left for salary increments or bonuses? We aren't even beating inflation and the board is spending money the company doesn't have just to continue with the tooth brushing exercise.

How can we as employees demand an investigation into this?

Title says it all.

There’s some really strange restructuring that’s making very little sense. Poor customer retention this year. Internal and external auditors evaluating engineers specifically, that I’ve heard of. Lots of resources being directed to other projects/departments.

Welp… looks like another Tuesday is about to get interesting at Honeywell.
According to some around various teams, something big is set to drop—and yes, it lines up with Honeywell’s not-so-secret tradition of choosing Tuesdays for major shake-ups. (Because apparently nothing says “good morning” like a mid-week panic.)

Insiders are whispering that layoffs could be announced as early as Tuesday morning, with multiple groups bracing for impact. No official word yet, but the timing alone is raising eyebrows—this always seems to happen on a Tuesday, doesn’t it? Especially before Christmas.

If you’re inside Honeywell, keep your calendar wide open.
If you’re watching from the outside… grab popcorn.

Says it all. Jan 2027. Who knew? Lol

Membership is very low. Any layoff rumours?

At this point I would like to say nuke all the workforce and start from fresh, coz I've seen some particular orgs being rotten for decades with politics and performance is no way factored into firing and less competent folks are prevailing, yoo eh, this is the golden opportunity, create a business continuity plan and then nuke all the work force and hire / rehire need as you go basis - twitter did the same, why not Nike...iykyk

I had heard that there would be more layoffs this week. Does anyone know if that is true or what day it would happen?

A large number of director+ in Network Technology let go today.

Huge reorg in TFB just announced. Jobs lost, regions consolidated. Teams split between SMB and Micro.

More news coming shortly.

I am in Reuters Technology and got affected 3 days ago. What a way to get canned right before Christmas!

The company will cut 200 employees, about 4% of its global workforce. Because over 3,000 of Mobileye’s roughly 4,300 employees are based in Israel, most of the layoffs will fall on its local teams.

https://www.calcalistech.com/ctechnews/article/hjznnzvzzl

If previous years are any indication, T will hit us with another round of cuts sometime around holidays. Timing feels cruel, but it is very on brand.

Can somebody confirm (or even better, tell me it's not true) the recent rumors about major cuts coming in January? I understand people are nervous because everybody seems to be laying off, so is there a chance that people are just panicking and speculating, and layoffs are not actually coming?

Anyone else recently laid off get that email today?
I already logged in to Fidelity and accepted the RSU's before they change their mind.

DTC Dells how to follow along is ending all LVL 1 support positions here shortly. They did a massive push on BPO companies servicing dell clients where they were not required to have formal training on TECH so they could follow a flow chart on NBA. This will be the death of quite a few jobs for the industry if others adopt.

where and how many??

Does anyone have ANY information on who will be affected?? Like teams/sectors?

I’m one of the corporate engineers who was going to fill in for the strike and was part of the lay offs. Hope you guys still do the strike. They laid off lots of competent engineers that usually fill in for strikes. Make them feel the pain!

🫡

U.S. Xpress laid off employees across the company in response to lower demand for trucking, according to an internal email obtained by the Chattanooga Times Free Press.

https://www.timesfreepress.com/news/2025/dec/05/us-xpress-enacts-broad-layoffs-amid-reduced-truck/

December is here, does anybody know by now when we can expect more cuts? Is Q1 a possibility?