RIFS, PAY CUTS, YOU KNOW THE DRILL .....
Failing to Follow Pay Transparency Laws
Waters hasn't been posting salary ranges for US-based roles in MA and California. Pay transparency, y'all! State fines are definitely incoming. HR is messed up. Live your legend!
The AI scam is unraveling.
The pain will be extreme. https://www.youtube.com/watch?v=NBtUgWn-nHs AI will prove to be the biggest scam ever foist upon corporate C suite knuckleheads. It's exposing just how ignorant and feckless all C suite clowns are, they all be-doverfor... — read more
VCG layoffs
Which teams are going to hit harder ?
Tech CEOs Are Quietly Cancelling Their AI Plans
https://www.youtube.com/watch?v=NBtUgWn-nHs Wendys, Starbucks, Uber, The Big Mouth Mark Benioff, all quietly removing their foots from their mouths and backtracking on AI due to failures and no ROI. AI cant even handle drive though hamburger... — read more
Anyone else thinking of quitting?
I really hope I get selected this layoff wave otherwise I’m thinking of quitting. Anyone else feel the same? I was planning on waiting till next year but I don’t think I can make it.
I've Never Considered Myself Naive, But...
The executives at this company are almost cartoonishly evil. I've never seen more people who are deluded into believing they are kind. Yes, I know and I've heard that leadership everywhere are snakes (that's how they end up where they are), but to... — read more
Microsoft's "Project Solara"
So...anyone else connecting the dots on why we are now heavily pushing Copilot (and all of M365)? Check out Microsoft's smart badge (https://www.youtube.com/watch?v=gw0HBKJlX-w) introduced at the Build Conference 2026. Scary stuff coming!
Employee Class Action Suit?
Anyone else tired of it all? Anyone else devote 10+ years to this company, only to be used like toilet paper and door mat? Anyone else tired of the targeting, retaliation, extra work load, cut in pay, loss of benefits? Maybe we should join up and... — read more
Best of the Best
Help me understand how we can commit to doing a national event and yet we are told we are on a travel and spending freeze. Don’t spend money…..but have a rally and breakfast. I would rather spend money on my team instead of a wasteful and unnecessary... — read more
WORKERS LAID OFF DUE TO AGE, LOYALTY ETC..SAD..SAME SCENARIO
103 million verdict cause Liberty Mutual laid off due to a ge and forced some to retire. Got rid of good and loyal workers. Read article sounds like what happened to us.
VRP….next re-org
Ok, now the VRP details are out. What’s next, another reorg, job posting freezes and more unwarranted promotions to backfill the tenured folks leaving. Oh wait, don’t forget the travel freeze! Buckle up!
Get rid of the jack wagons across the company that dont do anything but soak up a check!!!
I’m tired of it and I’m not alone. The dysfunction across the company has become pervasive. It’s especially pronounced in TGS and IT, largely due to heavy reliance on outsourcing in critical areas. But the issue isn’t isolated. Any function that has... — read more
As we move into survey season, remember only 73% of the employees responded . . .
Stank tried to spin the metric that 79% of the employees that did respond felt committed and engaged and used that number as support for his policies. He did not share the next metric that if only 79% of those who responded felt engaged/committed... — read more
Lightsource bp - any intel on what’s happening?
Whatever happened to the plan to bring in a partner / sell down Lightsource bp? Feels like this one disappeared into the bp “strategic review” black hole. Lots of noise when it was announced, then… tumbleweed. Anyone hearing anything credible? Is a... — read more
Applying for jobs at competitors after being laid off
Hi, Was laid off in the last round (why do I always type layed?). The job market as many know isn’t great, even willing to relocate it’s still tough out there. So in the spirit of considering all my options, what have people seen as “Nike actually... — read more
Why did the stock tank today?
Something had to be leaked. Huge drop.
Keeping track of people leaving
I was trying to keep track of friends and colleagues leaving IOL. But, recently it has blown up so much that I had to stop. Sad, but it is the reality. Imperial will probably show a large net cash positive position next quarter, but the knowledge... — read more
WARN company?
If Factset is a WARN company, shouldn’t they have announced layoffs? Last Sanoke dodged the question. Secondly, under WARN act shouldn’t Factset have given us the term date of 90 days later?
No more discover clowns bragging
Silence
Vertical markets
If you’re with a vertical market like touchnet, greater giving, zego, mineral tree, heartland, etc How are things going at your respective companies? How are earnings? How is morale? Or is the sales pipeline and sales leadership?
Cost of living adjustments labeled as "merit increases" that are really layoffs
As we go into the annual review process, HR is always quick to point out that the employee evaluations have no direct correlation to the amount that an employee might get as a "merit" increase. I have two issues with this: When increases come... — read more
18A manufacturing delay to wait for more layoffs
Again and again https://www.igorslab.de/en/intel-18a-delay-manufacturing-problems-foundry-offensive/
DFS layoffs and Mid year reviews
I don’t think there will be additional “layoffs” like the ones Monday until later in the year. Correct me if I am wrong, but the Monday layoffs were probably part of the 81 cited in the WARN earlier this year. What Capital One will probably look to... — read more
Nike GT became an Indian company
PHK or ITC, the same culture. We'll see where this takes the company.
Hutchinson going to unionize?
UsW outside of site today.
Layoffs 2026
Been hearing news about lots of layoffs. Anyone know anything?
It's starting again!
PP is cutting again - this time is massive almost a quarter of all employed. It's going to be about 300 people which in the grand schema of things is not that big but for us at PP it's the biggest round ever - the impacts are massive. JH got her... — read more
Thursday Store Meeting?
Notified yesterday of a mandatory in store meeting happening tomorrow. Any information on this? Seems to be happening to select stores, including COR. I know US Cellular has been shutting doors lately, is T-Mobile cutting corporate doors as well? No... — read more
New CEO’s Stance on Remote?
Anyone have any insight on the new CEO’s feelings about remote and/or hybrid work?
60 Riffed in Chandler
https://www.abc15.com/news/business/honeywell-to-lay-off-60-valley-workers-ahead-of-aerospace-company-spinoff Chandler site is rather small more like leased office space. Not sure exactly what went on there but I believe they belonged to corporate... — read more
Will PVH be sold?
All Cardiovascular OUs except PVH have been consolidated with others... Is MDT gearing up to sell the PVH business?
CSCO up 100% y/y -- 30% in 30 days
thanks to AI historical market miscomprehensions around Cisco have turned positive-- how long will it last?
Cengage - Sorry for those not at the top
Cengage continues to show its true colors and it just keeps getting worse... On May 26th an email went out to people leaders letting them know that employees that made a Transformative or Outstanding impact would receive an impact award (if they are... — read more
Roving bankers & managers
Does anyone understand what’s changing? I don’t get it…….
Ai leadership panel mentioning layoffs
Did anyone else catch the call this morning talking about locations being closed (context seemed to apply to store and offices). They said they are creating ai gems to define profitability and determine if neighboring locations would absorb... — read more
Global/Worldpay Layoffs
We had a crunch meeting today, to tell all staff that all departments including companies they have acquired will be taking lay offs. more than 20 from my dept alone, would be one third.
If they can't even handle tracking RTO
is there anything they're actually capable of?
One thing I know for sure - this place is done
They can replace every single person in leadership, but there's no way anyone competent or with an actual vision is ever walking through that door. The culture is too far gone. There's no coming back from this.
So when does it start in earnest, if it's to be completed by June 15?
Also, the sooner the better. Still some chance at severance, at least. I can't wait to have this forsaken place in the rearview mirror.
MedSol S&P article
wow .. this is pretty insane! https://www.spglobal.com/ratings/en/regulatory/article/-/view/type/HTML/id/3571666
20,000 Layoffs Planned for Siemens through 2027
Siemens Management Call Today discussed massive layoffs coming through 2027 upwards of 20,000 employees globally. Massive restructuring underway for all business segments through 2028. Divestment of many areas due to AI adaptation and automation.
Is there any truth to the June 30 layoff rumor?
That's the official termination date for people cut back in March. So is this a mix-up, or is another round really coming that soon? More layoffs are inevitable, I just want to know if another bloodbath is right around the corner.
Managed Services layoffs June 1st
5ish people let go on a team of just over 50. Our department had lost multiple managed services customers since January with no new clients coming in the door. It seems that the staff losses which started in Professional Services at the end of last... — read more
So sorry for everyone affected
Not good times to look for another job. I sincerely hope you all get lucky and land better jobs soon.
Bully Managers
Biggest bully manager at DSG?!!! ...and gets away with it...bc we all know the rules do not apply to everyone here like they want folks to think.
Customer Champion / Case Mgmt
We are always told that we are the safest, but any chance Case would be impacted with RIFs/Layoff?
No communication since notice
Since I was notified that my last day is June 5th, I have not been contacted by anyone. My immediate supervisor has not been contacted by anyone. He has never been told by anyone that I have been laid off. I find this to be absolutely ludicrous and... — read more
Ai Slop
“Following the rollout of AI, supervisors appear to have increased pressure on work output and results. They now seem to expect near-perfect performance from a hybrid coax plant that is fundamentally imperfect.”
Change to lakeside chats? The constant headwinds my blow out the fire?
Here are some new words for our friends at Corporate CommsGPT: Macroeconomic atmospheric turbulence Strategic velocity dampening Opportunity realization drag coefficients Enterprise momentum asymmetry Dynamic value-capture friction Market... — read more
Why are we pushing for AI when automation is what they are looking for?
I’ve noticed that leaders keep pushing for AI when we actually need more automation. AI is not deterministic and is a struggle to implement. If they want correct answers 100% of the time, why not implement automations instead? Makes no sense…
Stock nosediving once again
The wool is going to come off people’s eyes sooner or later. When it does, the stock will end up much closer to where it belongs, in the single digits.
What's happening with accountability?
I've witnessed several managers openly talk about protecting themselves whenever deadlines slip or projects run into trouble. Meetings usually turn into long discussions about who caused the issue rather than how to solve it. Very few people seem... — read more
SLC displacement rumors ---
There are a lot of rumors that upper leadership has stated that SLC will be displacing the QA deptments end of June possibly the end of 3rd quarter in Sept. Its also been said that most of SLC will be gone before 2027. Any truth to this?
Russo to Retire
https://www.telecomtv.com/content/5g/abdu-mudesir-to-become-verizon-s-top-tech-exec-55594
Where are we on layoffs?
Involuntary ones.
Any rumors on June 2026 layoffs?
Please share intelligence here.
Layoff talk has changed the whole workplace
I have been through several restructurings before in other companies and here, but this latest situation feels different. Management keeps mentioning budget pressure and possible cuts during meetings, even when the topic has nothing to do with... — read more
IBM CEO commits to reaching Quantum computing milestone by 2029
Link --> https://www.msn.com/en-us/money/companies/ibm-ceo-commits-to-reaching-quantum-computing-milestone-by-2029/ar-AA24GHxd?ocid=msedgntp&pc=W099&cvid=6a2049f56af74598af51294d8ec381d8&ei=9 If you believe this stuff will be available in 2029, then... — read more
Tried to improve coordination and it backfired
I ended up getting formal performance feedback not long after suggesting during a meeting that product planning would probably run smoother if a few departments worked together earlier in the process. A mistake I won't be making twice, that's for... — read more
Loyalty is a one way street here
They always expect us to be loyal, to give our best, to stay for years and build our careers here. But when it comes time to invest in us, we're just an expense to be minimized. Experienced people get cut or have their raises capped so the company... — read more
30,000 job cuts likely by June 15 despite booming cloud, AI growth and strong earnings
https://www.livemint.com/market/stock-market-news/oracle-layoffs-30-000-jobs-cuts-to-be-completed-by-june-15-despite-booming-cloud-ai-growth-and-strong-earnings-11780391629986.html
Layoffs are starting
Presbyterian Hospital has announced the layoffs of 150 workers along with the discontinuation of most Medicare Advantage plans in 2027. According to a statement from Presbyterian Healthcare Services, the layoffs will be in administrative roles and... — read more
Non-ELT GP perspectives
Would like to hear from any non-ELT GP on here. I assume those remaining support the culture changes. Do you? Is there something we aren’t getting? Honestly curious.
Burned out
The hours keep getting worse and the work keeps getting harder. The pay, though, pretty much stays the same. Who in their right mind wouldn't be tired of this cr-p?
Qualcomm is lucky the job market is so bad
From what I have seen lately, many experienced workers are checking openings in the background but holding off on changing jobs until companies start hiring more steadily again. Once that happens, we'll see a major exodus of talent.
We would have benefited from staying in our lane
T is like an enormous dinosaur lumbering through the telecom space. Had we cared for the aging dinosaur by making sure our fiber footprint and customer service were robust, we could have survived the times we are in now. Instead we tried to weave... — read more
You'd think that after all these cuts, we'd be left with its strongest performers
Sadly, that's far from what happened here. The people who knew how to play politics, who knew how to hide during the bad times, they're the ones who mostly survived. Most of the people who actually knew how to lead, who had real skills and real... — read more
Thank you being the best part of Verizon
If it’s any consolation, “thank you for being the best part of Verizon” was carelessly worn out like “love you’s” to your ex-wife. They got us all with it. They made corporate love to us (because it wasn’t consensual) while they took our innocence... — read more
Love how Xeroids are so behind on basic concepts
I absolutely loved todays call and how Xeroids have to be coached on basic concepts as if they are something"New" to drive toward goals and functionality that Lexmark had already been performing and achieved over a decade ago. SMH - I seriously... — read more