#layoffs

Heard multiple people affected

Sorry to everyone who was affected by the recent cuts.
Quick question ,how long were u given to find another role within Fidelity?

HR started sending out the RIF meetings in Czech Republic. GL everybody

Major layoffs every 2 years

Biggest layoffs will be announced

https://www.reddit.com/r/careeradvice/comments/1pd227s/former_hr_here_subtle_signs_your_company_is/?utm_source=share&utm_medium=ios_app&utm_name=ioscss&utm_content=2&utm_term=1

Wellmed layoff what departments are going to be RIF in May ?

Both the last CEO and the current one are below par. They then swamp the company with poor Execs like Drum, Rusl Jokes and Grey who just re invent different plans used before.

The next layers are full of Brocklehurst who are just yes men who processes and paperwork to stop real progress.

The managers below are just tickboxes for the Brocklehurst level.

All focus remains on cost cutting and wind down which they are good at.

This has been the strategy for the last 10 years.

Until they get someone who has done growth and investment in Employees the company will not change.

Anyone know if and when channel layoffs will occur?

Were all the teams notified of the 10% cuts?? Or are there still notifications to hit this week?

There is no truth to any rumors

I know several employees that have been given date of June 30.
They are doing zero work.
In short FIS Management has given them paid vacation.

The intent was to save money, instead management is doling out free money

I heard that the Cisco Wireless team was also affected due to low revenue in last layoff. Do you have any idea about the current situation with Cisco Spaces, Meraki, and the DNAC team?

I just want this round to be over so I can have some peace of mind, even if only for a couple of weeks. I'm terrified of losing my job. It's a bad period in life, too many obligations and reasons to stress. Losing my job would probably bring me to my knees. I hate that it's come to this, but I can't change it right now.

Probably not before tomorrow morning?

More layoffs there too. Yet they claim it's not related to bankruptcy...yeah right ..Like you can ever trust this company

These days, it's fashionable not even to attempt retaining talent. Cost-cutting is the go-to strategy for propping up the share price and securing leadership bonuses. In the long term, they're cutting the branch they're sitting on. I'm not sure any of this is sustainable. The two groups most targeted in layoffs have been veterans, the well of knowledge and experience, and the younger talent that any company would ki-l for under normal circumstances. It's a recipe for disaster.

Anyone heard anything?

Your rights to voice your concern as a shareholder here.

Should we rename back Intel as number #1 chipmaker and no more layoff or still keep it as ShitTel for more layoffs to come?

1. Yes
2. No
3. Undecided
4. Don't care
5. Maybe

Stop believing that working harder will keep you safe. The employee who shows up, does the minimum, and spends the rest of the day working the room has better job security than the top performer on the team. When layoffs come, they look at your salary first and your results second. The company does not care how good you are. It cares how much you cost.

Just a reminder to use your floating holiday and consider using some PTO if you have a large balance saved up. Most states only pay out up to 40 hours of unused PTO. If you receive a RIF notice on 5/28, you could lose most of your remaining PTO balance.

https://www.salesforceben.com/the-midlife-crisis-of-the-salesforce-professional/

Layoffs even in AF, smaller territories, higher targets, no raises, greater levels of micromanagement, offshoring....leading many to question is the hard pivot to AI really worth it it just leave the ecosystem? Or even leave the entire tech industry as misery increases for everyone.

The soft layoffs in innovative medicine continue, and many of us are starting to question the criteria behind who is being let go. Employees who consistently come into the office three days a week, contribute meaningfully, and do their jobs well are being impacted, while others who rarely show up and contribute little seem to remain untouched.

It’s difficult not to notice how political the environment appears to have become. At times, it feels as though if someone in leadership doesn’t personally favor you, your position may already be at risk. That perception alone is concerning. It keeps repeating and everyone sees it.

I simply wish professionalism, maturity, and fairness carried more weight in these decisions. People should not feel that their livelihood is tied to office politics, personal insecurities, or whether they are personally liked by leadership.

Let’s be honest — some of these leaders are simply not qualified for the roles they hold. Titles and positions do not automatically make someone an effective leader. True leadership requires competence, accountability, emotional intelligence, fairness, and the ability to develop and support strong teams. Unfortunately, many employees are witnessing the opposite.

Too often, decisions appear to be driven by favoritism, office politics, personal comfort, or insecurity rather than actual performance and contribution. Strong employees who bring value, experience, and consistency are being pushed out, while individuals with the right relationships or visibility continue to advance despite limited impact. That creates frustration, distrust, and a toxic work culture.

What’s even more concerning is that many organizations claim to value innovation, collaboration, and talent retention, yet they continue to lose some of their most capable people because leadership lacks the maturity or confidence to manage high-performing individuals effectively. Great leaders build strong teams around them. Insecure leaders often view strong talent as competition.

At some point, innovative medicine has to ask themselves why morale is declining, why turnover is increasing, and why employees no longer trust leadership. The issue is not always the workforce. Sometimes the issue is the people making the decisions

https://www.youtube.com/watch?v=7RAwBG5QH4k

Enjoy!

Get ready to be laid off. Nextera Energy goes through annual layoffs to improve efficiency which is why they are so efficient.

Source: Business Record
https://share.google/JKnMN6AC4VA3Fd0iE

Anyone at thousandeyes impacted by layoffs?

Won’t be long now. This has to be the beginning of the end.

https://www.gurufocus.com/news/8863065/dell-technologies-dell-receives-price-target-increase-from-jp-morgan

Welcome to the penny stock category. Well done C-level - we'll deserved mega compensation packages.

Hey Guys!

Anyone from Asset Management department in US affected by the layoffs? Really hope that the impact there is minimal or hopefully non existent.

PNC Financial Services announced nearly 1,000 job eliminations. These cuts are linked to its acquisition of FirstBank. Colorado credit unions criticized the layoffs. They launched a virtual job resource center for affected employees. The GoWest Credit Union Association coordinates this support effort.

Denver, Colorado

https://www.cutoday.info/Fresh-Today/Colorado-Credit-Unions-Launch-Hiring-Effort-After-PNC-Layoffs-Hit-FirstBank-Employees

Novartis is trimming its biomedical research arm. This follows recent staff consolidation moves. A company spokesperson confirmed individual impacts to a select number of employees. This strategic decision is difficult for those affected. Novartis employed 5,720 professionals in this department at the end of 2025.

https://www.fiercebiotech.com/biotech/novartis-cuts-select-number-roles-biomedical-research-arm

Penn Entertainment dismissed 75 employees from its interactive division. These layoffs affected multiple levels of theScore Bet brand. This action follows the company's Q1 financial results. Penn has undergone significant corporate restructuring recently. The company continues efforts to grow its interactive business.

https://next.io/news/people/sources-penn-laying-off-75-employees/

Starbucks announced another round of corporate layoffs. The company will cut 300 U.S. jobs. It also plans to shutter some regional support offices. These actions are part of its ongoing turnaround strategy. The moves will result in $400 million in restructuring charges.

Seattle, Washington

https://www.cnbc.com/2026/05/15/starbucks-to-lay-off-300-us-employees-close-some-regional-offices.html

No one here knows when a lay off is going to happen. There might be 4 people maximum that know prior to VPs getting a heads up day of

everyone should reflect on their personal contributions and what theyre bringing to the table Respected efficient top contributors aren’t on here getting scared or fear mongering - so reflect on where you fall and make the case for staying

To the trolls: unless you have founded proof - stop ruining people’s days. You’re literally
Making this worse for everyone.

51 switch positions in the NorthEast are being forced into the union. Supposedly those people will have to bid for their current positions. This eliminates the need for current VZB techs to have to go to the switch locations for work.
Rumors have it that current VZB techs can bid on those positions as well, thus having those VZW techs to end up RIFd

This is turning into a zero sum game of attrition. One leaves, one inherits, until they leave, and then the next inherits (meaning, they’ve inherited two in addition to their own). And then they leave…. Eventually the ones who will be leaving, are the very thing they inherited….the client. What a STUPID and expensive game, because eventually they’ll need to rehire, at elevated market pay rates in hopes they can get the clients back. It’s only a matter of time now before that next phase of client migration to other financial services firms accelerates.

It’s a fraud, Wellsfargo firing American at the same time hiring H1B. This is not legit.

File complaints: https://www.uscis.gov/report-fraud/uscis-tip-form

“The H-1B visa is a non-immigrant, employer-sponsored visa for foreign professionals in "specialty occupations" requiring at least a bachelor’s degree to address labor shortage”