#layoffs

Stressing over layoffs won't change a thing.

According to Copilot, Fidelity over hired managers during the pandemic to keep up with temporary and bloated growth. People who were moved into management, during the pandemic are being evaluated based on stack ranking and qualifications.

Is this for this week or until the end of the year?

I've watched teammates ki-l themselves with extra hours and extra work, only to blame themselves when they got cut, convinced they just weren't good enough. Meanwhile, the office politics crowd sails through every round doing nothing. If that's not you, at least stop giving this place more than it deserves.

It feels like a lot of people are carrying quiet exhaustion right now.
The layoffs.

The uncertainty.

The pressure to “be grateful.
”
The full-time RTO mandates after building lives around flexibility.

The feeling that everyone is pretending things are normal when they clearly aren’t.
If you’re struggling mentally, emotionally, or physically from all of this, you are not alone.
A lot of us are waking up anxious, doomscrolling before work, feeling guilty for not being productive enough, or trying to hold it together while watching teammates disappear overnight. It’s heavy. And pretending it isn’t only makes people feel more isolated.

A few reminders for anyone having a hard time:

• Your worth is not tied to your badge access, productivity score, or performance review.
• Fear is an exhausting long-term motivator. Rest is not weakness.
• Staying connected to people matters more right now than acting “fine.”
• Small routines help: sleep, water, walks, sunlight, boundaries, logging off when you can.
• If work is consuming your identity, try to reclaim one small thing that belongs only to you.
  Most importantly: check on the quiet people too. Sometimes the people saying the least are carrying the most.
  This is a dark season for a lot of workers right now. But I hope we can at least make it lighter for each other by being human again.

Many of us don't like or want this job, but we still hope to keep it given the slim pickings in the job market. I wish all the best to everyone about to be impacted, and I hope they find good jobs.

Unfortunately I got laid off, but I was wondering if we could still use the facilities?

I know we get lifetime discount, but for some reason I heard if you worked here for 5+ years you can still use the facilities like Bo Jackson / NSC

Is that true?

Total 1 billion restructuring charge. They did the same in 2024 and cut 7000 jobs.

So many employees refused to learn AI skills and adjust.

Wouldn’t surprise me if they were monitoring token usage and decided LRs based on people not even trying to adapt and modernize their skillsets.

self-inflicted stupidity to not adjust to the future.

“a nutless monkey can do your job.”

Pretty much sums up who will be cut.

https://blogs.cisco.com/news/our-path-forward

Got invite for May 15 @8.15am

or this quarter?

Expect 39% more riffs those who survived are the best (in the west).

They cut me in 2002 one month before my daughter was due. As an RF Engineer I tried to explain to them that the carriers have their own engineers and that marketing the towers to them wouldn't work. They already knew where they needed towers. I emphasized that our efforts would be best spent by getting towers, (often disguised as flagpoles, church steeples, palm trees, etc.) through the zoning process before anyone else did. Deaf ears.

Basically they decided to wipe the entire 80% of TAC in USA and left Mexico teams. Woww!

Page 14 - https://s21.q4cdn.com/812015656/files/doc_earnings/2026/q3/earnings-result/Q3FY26-Press-Release.pdf

On May 13, 2026, Cisco announced a restructuring plan in order to allow it to invest in key growth opportunities including
silicon, optics, security and AI. In connection with this restructuring plan, Cisco currently estimates that it will recognize pretax charges of up to $1 billion consisting of severance and other one-time termination benefits, and other costs. Cisco expects to
recognize approximately $450 million of these charges in the fourth quarter of fiscal 2026 with the remaining amount expected
to be recognized during fiscal 2027.

Here's an Interesting article that parallels what is happening in our industry today.

https://www.msn.com/en-us/news/technology/mark-zuckerberg-is-realizing-that-when-you-treat-your-workers-like-human-garbage-they-might-not-like-you-anymore/ar-AA2369ab?ocid=msedgntp&pc=HCTS&cvid=6a04bce8f6f34192a3919b59b944e2ea&cvpid=5ea63c8bb12642a98ff3e9b42593777f&ei=36

Meta CEO, Mark Zuckerberg, is apparently shocked to discover that when you treat employees like garbage, they stop applauding your “vision.” After years of layoffs, culture rewrites, and “efficiency” crusades, Meta is now learning the obvious: workers don’t develop warm feelings toward leaders who treat them like cost centers with pulse rates.

And the irony? Everything described in that article reads like a template for what BNY employees complain about daily on this forum. The same themes echo: performative culture, leadership detachment, endless “transformation,” and a workforce managed like an inconvenient expense. Employees at both companies describe the same pattern — praise the mission, cut the people, then act confused when morale collapses.

The punchline is simple: whether it’s Silicon Valley or Wall Street, executives keep discovering the same truth. If you treat workers like garbage, they eventually notice — and they talk about it.

KPMG is laying off over 500 staff in its UK operations. The cuts primarily affect 440 assistant manager roles in the audit business. An additional 120 positions will be eliminated from the advisory arm. KPMG attributes these reductions to low attrition rates and market conditions. The firm previously over-hired during a post-lockdown demand surge.

United Kingdom

https://www.consultancy.uk/news/43655/kpmg-to-shave-more-than-500-roles-from-uk-headcount

Oracle's recent layoffs, affecting thousands, feel jarring despite the company's 22 percent revenue increase. This strong reaction is rooted in psychological dissonance, not the scale or timing of the cuts. Companies frequently use a "we are family" metaphor to build workplace cohesion. Such layoffs then violate this implied trust, leading to a sense of institutional betrayal. The more companies emphasize a family-like culture, the greater the emotional impact of job losses.

https://www.psychologytoday.com/gb/blog/curiosity-code/202604/the-hidden-psychology-of-oracles-layoffs

Speculation about Amazon layoffs is growing online. Multiple Reddit posts claim employees received role-elimination emails. These reports originate from various international regions. Amazon has not officially confirmed any new workforce reductions. The company previously denied earlier layoff rumors for May.

https://www.republicworld.com/tech/amazon-may-layoffs-buzz-grows-after-reddit-posts-claim-employees-received-exit-emails-2026-05-13-124013

Burlington Mayor Emma Mulvaney-Stanak announced the city closed its budget deficit. The city eliminated a $10-12 million financial gap. No current city employees faced layoffs. This was achieved by cutting dozens of vacant positions. Revenue from a new police and fire tax also contributed.

https://www.mynbc5.com/article/burlington-closes-10-12-million-budget-deficit-without-layoffs/71285887

Cloudflare plans to cut 224 jobs at its San Francisco headquarters. These layoffs are scheduled to take effect this Friday. This local reduction is part of a larger global restructuring. The company previously announced over 1,100 worldwide job eliminations. Cloudflare stated the changes are for the "agentic AI era," not cost-cutting.

San Francisco, California

https://www.sfchronicle.com/tech/article/cloudflare-san-francisco-layoffs-22255580.php

Did those who were layed off get severance?

Walmart announced plans to lay off or relocate about 1,000 corporate employees. This aims to boost efficiency in its global tech teams. Company leaders reviewed operations before this decision. It helps Walmart adapt to a dynamic retail market. E-commerce expansion remains a critical business strategy.

https://www.gurufocus.com/news/8854817/wmt-announces-layoffs-as-part-of-corporate-restructuring

I have it on good authority that the next round of layoffs will be mid-July. This first one was more of a reorganization and getting rid of low-output associates. The next one will be based on attendance and people who don't fit the ways of working set forth. July 7th or 14th is being floated around as the date. I would highly recommend people who want to keep their jobs to come into the office on time and leave at 5 PM as instructed. Additionally to not abuse the flexible pto that is granted. Your peers and leadership are watching and keeping track of in-seat and badge swipes.

ASML and labor unions reached an agreement on a social plan. This plan seeks to reduce involuntary job losses. ASML had previously announced cutting about 1,700 management roles. The company will support impacted staff in finding new positions. Departing workers will receive severance pay and extra compensation for older workers.

https://nltimes.nl/2026/05/13/asml-reaches-deal-unions-reduce-forced-layoffs-amid-restructuring

Microsoft-owned LinkedIn is cutting staff. The exact number of affected workers remains undetermined. This action is part of a wider trend in the tech industry. Many technology companies are currently reducing their workforces. The social media platform is impacted by these market conditions.

https://www.bizjournals.com/sanfrancisco/news/2026/05/13/linkedin-microsoft-layoffs-bay-area.html

The Warwick School Committee approved staff layoffs on Tuesday. This included 18 teachers, three administrators, and 21 teaching assistants. The committee vote was 3 to 2 in favor. Parents and school staff criticized these reductions. The Committee had previously approved a $203.8 million budget for FY27.

Warwick, RI

https://warwickpost.com/school-committee-oks-18-warwick-teacher-layoffs/

Coachella Valley Unified will lay off 34 teachers. These layoffs are expected at the end of the school year. The district faces a multimillion-dollar budget deficit. It is working to close this deficit. The goal is to maintain financial solvency.

https://www.desertsun.com/story/news/education/2026/05/13/cvusd-teacher-layoffs-classified-school-board/90047380007/

Dozens of San Diego Unified School District employees will receive new job offers. These employees previously faced potential layoffs earlier this year. The district reached agreements with three employee associations. Sixty-nine at-risk employees can now accept new district roles. Human Resources found existing open positions for the upcoming school year.

San Diego, CA

https://www.10news.com/news/local-news/sd-unified-workers-who-faced-layoffs-to-be-offered-new-jobs-within-district

Four major employers in New Jersey filed layoff notices this week. These companies plan to cut 364 jobs across various sectors. Embassy Suites, JPMorgan Chase, Amicus Therapeutics, and Spirit Airlines are affected. Spirit Airlines announced 201 Newark employee layoffs due to its shutdown. Other companies also announced job cuts earlier this spring.

New Jersey

https://www.nj.com/business/2026/05/364-more-nj-workers-face-layoffs-as-job-cuts-keep-piling-up.html

BNY has finished its evolution from financial institution to LinkedIn‑themed performance art, where optics outrank output and your “personal brand” is the only deliverable that matters.

Real work is optional; what counts is the curated feed of hallway selfies, Teams‑call enthusiasm, and gratitude posts praising and thanking the EC, all polished to a corporate shine.

Following RV's brilliant example, Leadership has quietly traded competence for corporate‑influencer energy, rewarding visibility over execution because it’s easier to manage a workforce obsessed with image than one asking hard questions.

The shift isn’t accidental. It’s a distraction from layoffs, offshoring, and AI quietly absorbing job families. If employees stay busy perfecting “leadership presence,” they won’t notice the restructuring happening beneath them. BNY doesn’t want performers — it wants performances. Show up to the photo‑op town hall, drop a few “inspiring journey” hashtags, give a like to an EC empathy post, sing hallelujah praises to the almighty RV and EC team and suddenly you’re a rising star, even if your actual output fits on a sticky note.

At BNY, the only performance that matters is the one you can screenshot.

Takeda announced a new multiyear restructuring program. This program will eliminate approximately 4,500 roles during the 2026 fiscal year. The company expects to incur $1.07 billion in restructuring costs. It projects over $1.26 billion in annualized savings by 2028. These changes aim to accelerate growth and support new product launches.

https://www.fiercepharma.com/pharma/takeda-slimming-down-new-era-plots-4500-layoffs-latest-restructuring-drive

Walmart Inc. confirmed it will eliminate some jobs. These cuts affect corporate staff, not retail workers. The company is simplifying its digital operations. This involves reducing organizational layers and consolidating teams. Layoffs are a result of this operational consolidation.

https://www.fastcompany.com/91541504/walmart-layoffs-today-tech-jobs-cut-memo-does-not-cite-ai

LinkedIn plans to cut about 5% of its global workforce. This reorganization will eliminate approximately 875 positions. The company aims to shift focus toward growing business areas. AI automation is not the reason for these specific headcount reductions. Microsoft, LinkedIn's owner, has also made recent workforce reductions.

https://qz.com/linkedin-layoffs-workforce-reduction-reorganization-051326

A group of friends having been cut from GBS all self selecting, and one guy told me yesterday he’s been put into a pool for CR in GIS.

8 teams and their 2-up let go in Montana, total of 75 employees