#layoffs

https://www.thelayoff.com/wells-fargo-and

I’d bet my paycheck on it.

No layoffs needed. People are just walking away at a steady pace (which gives me some hope, since it shows the job market is not as terrible as I feared). We even recently backfilled two positions, that's how rough it's gotten (and you know the feeling too, because sometimes it seems like we have a hiring freeze given how often we ask for help and get ignored). Which, funnily enough, makes me feel safe. Go figure.

Layoffs hit Amazon, UPS, Target, and more — but it has little to do with AI

Even perceived winners in the AI-fueled economy, like Meta, have recently announced workforce reductions.

https://finance.yahoo.com/news/layoffs-hit-amazon-ups-target-and-more--but-it-has-little-to-do-with-ai-165130022.html

No matter how long you stay or how hard you work, promotions just don’t happen. I don't know if this is just my group or a company-wide issue, but we're losing great people due to that.

So many people cut on this last round and many have been with the company for over 5 years and they are the people who built how we do things today! Rivian sent them all packing! Don't believe all the positive messages you see on LI about those impacted I hear they paid employees extra on their packages if they wrote something positive.

Sorry, I don’t belong to a union at Verizon so I don’t understand the protections that it gives you.

Are you not able to be laid off without a special package? Or are you able to be laid off but the union will do a strike if or when Verizon does?

This place is hopeless. To much politics going around. Managers are firing local employees and recruiting people in India. This is such a shame.

No agreement on Union Contract, New CEO with the mission to cut cost, go lean, blah blah..

Do we need to prepare for EWA?

Just want to get info before I change positions please.

Doesn’t matter if your numbers are solid if you’re not in a hub, you’re a line item that’s easier to justify cutting. The company wants “collaboration” and “presence,” which really means they’re shrinking the map and forcing people back into buildings they can measure.

Hybrid might be safe for now if you’re tied to a hub, but full-WFH employees and anyone sitting outside the big three cities should be watching closely. Seen it before starts as “realignment,” ends as a “streamlined org.”

Does anyone know?

Many people are expected to make lots of money on the IPO shares sale, including Pulte’s friends. Some of them are now getting the contracts and Fannie and Freddie are paying for the contracts.

Knowing earnings are this week, should we be worried about a layoff coming with it? Part of me thinks it’s not going to be until the new year, but with so many other companies announcing layoffs, I’m not sure if we wait.

I have this feeling I’m not long for my current position anymore if that happens. I work under John Blanchards org and we just had a layoff in August. I think I’m being paranoid but since Srini is taking over soon… I just don’t know. The market is brutal now and I’m job hugging like a motherf----rI’m not ready to leave yet.

Has any C-Level exec ever been to the Atlanta office?

Since Tuesday Nov 11 is holiday, will layoff for that week be Monday or Wed, or no layoff until Nov 25

With the CEO coming in, will the union get a package or incentive to leave? I heard might be some movement or layoffs for some union members.

Cut cut cut cut cut cut

Asked perplexity likelihood of my position at verizon being gone. I'm in sales, and it is around 8%. If you are on the business side, you have a much higher chance of being laid off.

Also, if you work in accounting or finance, you have one of the highest chances of being let go in November.

Please!!