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Billions in Free Cash Flow but Still Doing Layoffs

The impending layoffs are about the same thing as it's always been about. Prioritizing PROFITS over people! This company is by no means struggling. Free cash flow for the nine months ended September 30, 2025 was $15.8 BILLION, an increase from $14.5 BILLION during the same period in 2024. This company is still making BILLIONS in profit. Where did the increase in revenue come from? Through price hikes and rising fees; and they wonder why churn is high?

There's a WSJ article where Dan is saying 'We'll hit AGI (human level intelligence) in the next 2-4 years'. He's a big proponent of pushing AI. Why?
Bc he is an investor in the AI field primarily as a Managing Partner at Valor Capital Group, which invests in various technology companies. Wall St and Silicon valley are obsessed with AI and they pushing it down our throats even though regular consumers are not asking for it. The demand for AI comes from the top down, not bottoms up.

Where is the HUMANITY in AI? What will happen to the PEOPLE after our jobs are replaced by AI? Seems like the Board has let the fox in to guard the hen house.


NewsArticle

Rumors of Verizon's Store Closures and
Layoffs Have Employees Worried
Rumors of Verizon store closures and layoffs are making the rounds. The Verizon layoffs this month could continue to heighten tech industry woes, leaving many to fend for themselves in an unstable job market. So
far, Verizon hasn’t confirmed major job cuts for the rest of 2025, butemployees continue to speculate about the possibilities.
Verizon’s rumored store closures and layoffs may take shape by Nov. 20,but the uncertainty among employees continues to mount as they clamor for updates.
Verizon Store Closures and Layoffs Expected: RumorsHave Employees on the Edge of Their SeatsVerizon is reportedly planning store closures around November 20, cutting
down on the number of its operations. Less profitable outlets are expected to be affected, indicating a direct effect on its employees, but.workers could also be laid off at the remaining open locations. The details
remain unconfirmed, with no updates on just how many stores and.employees could be affected by the change.The rumors suggest that, in addition to Verizon’s store closures and layoffs, the company may expand its AI automation services to address.gaps in its business resulting from the planned store closures. Rumors of.Verizon’s cost-cutting store closures and reorganizations of jobs have primarily emerged from platforms like Reddit and TheLayoffs, where employees have begun to consider the potential impact on their roles..Reports from platforms like The Street and Phone Arena have also begun
discussing the strategy..An email from the new CEO, Dan Schulman, last month also hinted at the possibility of change, speaking of “bold actions to make the company
leaner.” Such changes often include staff cuts, as we’ve seen from companies across the board this year.
Is AI to Blame for the Verizon Job Cuts Rumored in 2025?
Like most businesses, Verizon has also invested heavily in AI over the last
two years; however, it hasn’t yet made explicit changes to its headcount
as a result of this investment. A Verizon spokesperson reportedly told

TheStreet that its AI efforts were not part of a plan to reduce its workforce
numbers or linked to any layoff plans, but the rumors continue to mount.
Many suggest that the company could use AI to bridge any gaps in its
workforce following the Verizon store closures and layoffs, and this could
specifically affect customer service roles. There has been considerable
back-and-forth between businesses attempting to automate customer service with the technology,.and customers biting back, restating their preference for human
interactions over unempathetic AI services.
Verizon’s AI initiatives already include a business AI assistant and a similar AI shopping assistant, with its Project 624 services promising an improvement in quality across services. These innocuous uses of AI
showcase the myriad ways in which the technology has been employed across businesses, but most have come at the cost of some human labor.
The Lack of Information Has Employees Turning to Leaks onVerizon’s Workforce ReductionsOver the last few days, internal concerns and reports suggesting a
November 20 announcement date have employees looking online for information on what’s to come. Unfortunately for them, most of the chatter online is mere speculation, leaving them with very little concrete
information to go on. From questions about who is likely to get laid off first to others about the validity of employee benefits once employees are laid off, the stress and concern among workers are apparent.
While layoffs are difficult to conduct regardless of how well they are planned, such uncertainty is rarely healthy for an organization to allow. All.business decisions are rarely made after consulting and informing each employee, but the lack of any communication or intimation leaves workers
stressed, anxious, and unable to perform. Resentment towards supposed
DEI hires and anger about overseas operationshave escalated, and this rise of negative feelings is hard to undo, even
months after the layoffs are well and truly done.Verizon’s store closures and layoffs appear to be a.certainty as the company hasn’t explicitly denied the rumors, but matters might be more complex than these initial reports will have us believe.
The delays have left workers critical of everything from the company’s business model to the new.CEO’s ability to lead, and such chaos is rarely ideal for operations.
Whether Verizon confirms the major job cuts for 2025 or denies the.strategy remains to be seen, but for a business to be productive,
communication and transparency remain paramount.


Blaming AI is a copout

How AI became the scapegoat for the current wave of mass layoffs

Labor experts reveal the truth behind AI job disruption, and why companies are so willing to cite AI as the excuse for slashing jobs.

https://www.fastcompany.com/91435784/how-ai-became-the-scapegoat-for-the-current-wave-of-mass-layoffs


Bipartisan Bill Would Require Employers to Report AI-Related Layoffs

A bipartisan bill introduced on November 5, 2025, would require large companies and federal agencies to report AI-related layoffs to the Department of Labor.

Senators Josh Hawley (R-Mo.) and Mark Warner (D-Va.) proposed the AI-Related Job Impacts Clarity Act. The DOL would collect this data and publish public reports for Congress.

Hawley says people need to understand how AI affects jobs, noting predictions that AI could increase unemployment by 20% in five years.

This follows other legislative efforts:

  • Bernie Sanders warned AI could replace 97 million jobs in the next decade. He proposed solutions like a "robot tax," ending tax breaks for automation, and a 32-hour workweek.

  • Nancy Mace introduced a bill for AI training in federal workplaces.

  • Mark Kelly proposed an "AI Horizon Fund" where top AI companies would contribute to worker retraining and support.

Several states already regulate workplace AI use. New York, California, and Colorado require things like bias audits or disclosure of AI in hiring.

The main concern is that companies lack resources to train employees on AI, while pressure grows to adopt the technology.

https://www.cnbc.com/2025/11/05/ai-jobs-act-warner-hawley.html


IBM to Lay Off Thousands of Employees Before End of Year

WSJ's coverage.

https://www.wsj.com/business/ibm-to-lay-off-thousands-of-employees-before-end-of-year-3b293c50

Tech company said cuts, scheduled for the current quarter, will affect a small percentage of its workforce

By: Sebastian Herrera |
Updated Nov. 4, 2025 5:18 pm ET

International Business Machines is cutting thousands of jobs this quarter, the latest company to shed workers as it seeks to reposition its business in the age of artificial intelligence.

The tech company said the layoffs will affect a low single-digit percentage of its total workforce. IBM employed about 270,000 globally as of the end of 2024. The company didn’t further clarify how many people it would cut.

“IBM’s workforce strategy is driven by having the right people with the right skills to do the work our clients need,” a spokesman said. “We routinely review our workforce through this lens and at times rebalance accordingly.”

IBM joins a growing list of companies shedding workers, propelled by a shift in C-suite offices toward using AI tools and pushing for efficiency among rank-and-file employees.

Amazon.com announced layoffs last week that affected roughly 14,000 roles. United Parcel Service recently said it had reduced its management workforce by about 14,000 positions over the past 22 months, and Target recently shed 1,800 corporate roles.

Large employers have been making deep cuts to white-collar jobs, with many executives preaching a leaner approach to their businesses.

At Big Tech companies like Amazon and Microsoft, cuts have come at the same time the companies have poured billions into building out data centers and other AI infrastructure. Many companies are embracing AI, hoping that it can handle more of the work that some well-compensated white-collar workers have been doing while making others more productive.

Investors have also pushed chief executives to operate more efficiently with fewer employees.

Based in Armonk, N.Y., IBM is trying to position itself as a leader in building the world’s first viable quantum computer. It is competing with Google, Microsoft and a number of startups to build computers that exceed the abilities of the best conventional ones. It is working on larger clusters of quantum chips that it expects will enable large-scale computing in the next five years.

Chief Executive Arvind Krishna recently said IBM has used AI, specifically AI agents, to replace the work of a couple of hundred human-resources workers. That has enabled it to hire more programmers and salespeople, he added.

In October, IBM posted higher revenue in the third quarter, boosted by higher-than-expected growth in its consulting business. IBM has had other cuts since 2024 that affected marketing, communications and other teams.


October was the worst layoff month in last 20 years (CNBC/Challenger)

Job cuts in October hit 153,074 - up 183% from September and 175% from last year. Highest October since 2003.

Tech sector cut 33,281 jobs, nearly 6 times September's number, due to AI changes.

Total for 2025: 1.1 million cuts, up 65% from 2024. Worst year since 2009.

People losing jobs are struggling to find new ones quickly.

Source: CNBC

https://www.cnbc.com/2025/11/06/job-cuts-in-october-hit-highest-level-for-the-month-in-22-years-challenger-says.html


At what point do we acknowledge the impacts of AI?

https://finance.yahoo.com/news/layoff-announcements-surged-last-month-120353344.html

Worse October for layoffs since 2003. Layoff levels reaching 2008 levels. It's time we start recognizing the fact that AI is impacting jobs. You may think AI can't take your job, but it doesn't matter if you are right, because c-suite thinks it can. Perception is reality, and this is our new reality.

Maybe they eat crow in a year or two, but right now, it's hard to ignore the cold hard truth: AI is leading to job loss.


Media Summary: IBM Layoffs 2025 (11/5/25)

Title: Charlotte manufacturer to lay off 850 people companywide amid revenue slump
Source: The Charlotte Observer
URL: https://www.charlotteobserver.com/news/business/article312787843.html
Summary: Charlotte-based JELD-WEN will cut 850 employees across North America after reporting a $378 million operating loss in the third quarter. The manufacturer cited falling demand for new homes and rising material costs, marking its second major round of layoffs this year.


Title: IBM Is Laying Off Thousands of Employees as Its AI Business Surges
Source: Entrepreneur
URL: https://www.entrepreneur.com/business-news/ibm-is-laying-off-thousands-of-employees/499219
Summary: IBM is eliminating several thousand positions, about 1–3% of its global workforce, as it pivots to AI consulting and software. The company says U.S. employment will remain steady overall while it expands in high-growth AI sectors.


Title: IBM to cut thousands of jobs in fourth quarter amid software focus
Source: Reuters
URL: https://www.reuters.com/business/world-at-work/ibm-cut-thousands-roles-focus-software-growth-bloomberg-news-reports-2025-11-04/
Summary: IBM will trim a low single-digit percentage of its workforce this quarter as it strengthens its software division and pursues AI-driven cloud demand. Despite strong stock performance, slowing growth in cloud services prompted the layoffs.


Title: Architects, Engineers Among The IBM Employees Targeted In Latest Layoffs
Source: CRN
URL: https://www.crn.com/news/ai/2025/architects-engineers-among-the-ibm-employees-targeted-in-latest-layoffs
Summary: IBM’s latest job cuts include engineers, architects, and AI specialists, affecting thousands globally. The company says the move reflects its effort to align talent with new priorities in software and hybrid cloud solutions.


Title: IBM cutting thousands of jobs in the fourth quarter
Source: CNBC
URL: https://www.cnbc.com/2025/11/04/ibm-layoffs-fourth-quarter.html
Summary: IBM will cut thousands of jobs, roughly 1% of its 270,000 workers, as part of a quarterly restructuring. The firm expects U.S. employment to remain flat while relying more heavily on AI tools to improve productivity.


Title: IBM to Cut Thousands of Workers Amid A.I. Bo-m
Source: The New York Times
URL: https://www.nytimes.com/2025/11/04/technology/ibm-layoffs-ai.html
Summary: IBM plans to lay off thousands as it focuses on AI consulting and software growth, continuing its long practice of “workforce rebalancing.” The cuts coincide with broader tech industry downsizing as companies invest more in AI infrastructure.


Title: IBM Confirms Layoffs Impacting Up to 5,000 Workers as It Shifts Focus to AI
Source: TechRepublic
URL: https://www.techrepublic.com/article/news-ibm-layoffs-november-2025/
Summary: IBM’s layoffs could reach 5,000 jobs, mainly in its infrastructure group, as it concentrates on AI and software development. Despite solid earnings, the company says restructuring is needed to boost efficiency and long-term growth.


Title: IBM cutting several thousand jobs in latest layoffs
Source: The Register
URL: https://www.theregister.com/2025/11/04/ibm_cutting_several_thousand_jobs/
Summary: IBM began issuing layoff notices to several thousand staff, with major reductions in its U.S. infrastructure and cloud divisions. Insiders estimate up to 45% of that group could be cut as part of efforts to improve profitability.


Title: IBM Lays Off Thousands Globally Amid Fourth-Quarter AI Push
Source: Tech.co
URL: https://tech.co/news/ibm-lays-off-thousands-fourth-quarter-ai-push
Summary: IBM will eliminate thousands of roles, roughly 2,700 or more, during its fourth-quarter restructuring. The move aligns with a global trend of tech layoffs tied to AI adoption and productivity-driven cost cutting.


Title: Reports of IBM Layoffs in 2025 Round Out the Year with Q4 Cuts
Source: The HR Digest
URL: https://www.thehrdigest.com/reports-of-ibm-layoffs-in-2025-round-out-the-year-with-q4-cuts/
Summary: IBM will lay off thousands worldwide as part of a “rebalancing” initiative that could affect up to 8,000 employees. The company says the cuts align with its push toward AI and cloud investments, following earlier HR automation efforts.


Title: IBM layoffs loom as ‘single-digit percentage’ of global workforce set for cuts
Source: IT Pro
URL: https://www.itpro.com/business/business-strategy/ibm-layoffs-loom-as-single-digit-percentage-of-global-workforce-set-for-cuts
Summary: IBM will reduce its workforce by up to 5% globally, translating to as many as 13,500 positions. The move comes after strong quarterly earnings and a 9% revenue rise, signaling an ongoing restructuring to support AI expansion.


Title: IBM to lay off thousands as attention shifts to software
Source: CIO Dive
URL: https://www.ciodive.com/news/ibm-layoffs-2025-AI-software/804812/
Summary: IBM confirmed plans to cut thousands of roles in Q4 as it redirects resources toward AI and software. Executives say the layoffs are part of routine workforce balancing while demand for AI-driven enterprise solutions grows.


Title: IBM’s 8,000 Layoffs Reveal the Harsh Reality of the AI Revolution
Source: SlashGear
URL: https://www.slashgear.com/2016679/ibm-lays-off-8000-workers-amidst-ai-revolution-harsh-reality/
Summary: IBM is replacing thousands of HR roles with AI tools as it restructures around automation and efficiency. Analysts warn that while AI is fueling job cuts, most companies still struggle to see tangible returns from such investments.


Title: Badly Crippled IBM Can’t Be Fixed
Source: 24/7 Wall St.
URL: https://247wallst.com/technology-3/2025/11/05/badly-crippled-ibm-cant-be-fixed/
Summary: The article argues that IBM’s recent layoffs and AI pivot will not reverse its long-term decline. Despite modest revenue growth, analysts see the company as too small and too late to compete with today’s tech leaders.


Title: IBM layoffs to affect thousands despite 35% rise in share price this year
Source: People Matters
URL: https://sea.peoplemattersglobal.com/news/strategic-hr/ibm-layoffs-to-affect-thousands-despite-35percent-rise-in-share-price-this-year-47068
Summary: IBM plans to cut a small percentage of its 270,000 global staff even as its stock climbs 35% this year. The company is accelerating its shift toward AI and cloud services amid concerns over slowing growth in its software unit.


Title: IBM expected to cut thousands of jobs from global workforce
Source: Silicon Republic
URL: https://www.siliconrepublic.com/business/ibm-expected-to-cut-thousands-of-jobs-from-global-workforce
Summary: IBM will lay off a low single-digit percentage of its global workforce, continuing a pattern of tech industry downsizing. The company is focusing resources on software and cloud growth areas while maintaining steady U.S. employment levels.



Did somebody say AI was taking jobs....???

I remember about a year ago on this platform someone posted that AI would be taking jobs away from employees. Boy, was there a pushback on this point.

Many of the posts and reactions were never in a million years would AI be taking anybody's job.

Well maybe some of those in a state of denial can contact any one of the 4000 employees at Salesforce who got displaced to see what they have to say about it.

https://www.cnbc.com/2025/09/02/salesforce-ceo-confirms-4000-layoffs-because-i-need-less-heads-with-ai.html

The worst move we can make is to stick our heads in the sand and kid ourselves that we are so vital, nothing can take our jobs. The much better move would be to be in the group that "figures out how we can use AI to make our positions more valuable".

AI won't be replacing jobs that use AI but rather it will be replacing jobs that DONT use AI.

In the meantime here a sampling of just a few of the companies who already deployed AI to the detriment of employees in 2025 - the wave is coming.

By 2030..... well for those who continue to be deniers, you won't recognize how much the workforce has changed in just 5 years - things will change in the blink of an eye.... please get yourselves ready for what is to come

https://tech.co/news/companies-replace-workers-with-ai


Agentic AI has a 98-99.5% failure rate.

But business leaders are still pretending (lying) AI is taking peoples jobs.

https://arxiv.org/html/2510.26787v1

The best-performing current AI agents achieve an automation rate of 2.5%, failing to complete most projects at a level that would be accepted as commissioned work in a realistic freelancing environment. This demonstrates that despite rapid progress on knowledge and reasoning benchmarks, contemporary AI systems are far from capable of autonomously performing the diverse demands of remote labor.


Offshoring and Ai Joblosses.

Currently there are 250,000 people employed off shore by health insurance companies, In recent history 5000 jobs have been lost to Ai in out industry.

These changes represent increased profit not improved care. Both Democrat and Republican politicians need to step up and stop this. Health insurance companies all take federal dollars and as such it could be mandated that they only employ Americans.

Call, email, write your representative. Get a response, post it here. We nee to know which of these elected officials actually give a damn about us and about American Health care.


2025’s Biggest U.S. Layoffs: 10 Companies Shaking Up the Workforce

https://americanbazaaronline.com/2025/10/31/2025s-biggest-u-s-layoffs-469488/

  1. IBM – Approximately 3,900 roles
    IBM is eliminating positions in legacy IT services to invest more heavily in AI and hybrid cloud initiatives. While many of these cuts occur worldwide, a meaningful portion affects US employees, even if precise numbers aren’t publicly available.

That's not including the contractors they don't have to report since they are not IBM employees


A.I. Results for who to lay off (copy and paste)

As Dan said " you can find the answers on ChatGPT"

Excellent and very relevant question — especially given where telecoms like Verizon, AT&T, and T-Mobile are right now: mature networks, flattening subscriber growth, heavy debt loads, and Wall Street pressure for cost efficiency.

If a telecom giant announces multi-billion-dollar cost cuts and large-scale layoffs (10,000–20,000+), here’s where they’d most logically focus — and where AI and automation will accelerate the process.


💼 1. Middle Management & Support Functions

Most vulnerable: Managers and directors who are not directly tied to revenue, customer experience, or mission-critical operations.

Why:
Telecoms are layer-heavy. AI and analytics tools now provide real-time visibility and decision-making data, reducing the need for multiple layers of review or reporting.

Examples:

Regional or district-level managers whose teams already report into national dashboards.

Internal communications, reporting, and compliance coordinators.

Project managers overseeing slow, cross-department initiatives that AI can track automatically.

AI Impact:
Generative AI tools and workflow platforms can automate meeting notes, project tracking, and executive summaries — eliminating the “information translator” role many mid-managers fill.


🧑‍💻 2. Back-Office & Administrative Roles

Most vulnerable: Shared services like HR operations, finance, procurement, and legal support.

Why:
These departments have large headcounts and repetitive, rules-based work ideal for automation.

Examples:

Payroll and benefits processing

Invoice auditing and vendor management

Contract review (AI can pre-screen NDAs and agreements)

Recruiting coordinators and scheduling

AI Impact:
AI-powered ERP and RPA (robotic process automation) systems like Workday AI, SAP Joule, or UiPath are already cutting thousands of such positions globally.


☎️ 3. Customer Service & Call Center Roles

Most vulnerable: Tier 1 service reps and retention specialists.

Why:
Verizon and AT&T already deploy advanced virtual agents that can handle account inquiries, upgrades, and even billing disputes.

Examples:

Inbound Tier 1 support

Chat-based troubleshooting

Billing dispute resolution

AI Impact:
Generative AI assistants (trained on customer data) now resolve 70–80% of customer issues without human input — a massive cost reduction opportunity. Humans will remain only for escalations and high-value accounts.


⚙️ 4. Network Operations (Low-Level Monitoring & Maintenance)

Most vulnerable: NOC (Network Operations Center) monitoring staff and certain field dispatch roles.

Why:
Predictive AI can identify and resolve outages or congestion before they occur, and field routing is now fully automated.

Examples:

NOC analysts watching dashboards

Scheduling/dispatch coordinators for field techs

Routine diagnostic engineers

AI Impact:
Self-healing networks, AI-based predictive maintenance, and drones for tower inspections reduce human labor significantly.


🧠 5. Marketing & Sales Operations (Non-Quota Roles)

Most vulnerable: Analysts and coordinators who produce internal reports, pricing models, or campaign tracking.

Why:
AI tools like Tableau GPT or Salesforce Einstein now produce insights, summaries, and predictive forecasts instantly.

Examples:

Sales ops analysts building dashboards

Marketing coordinators producing campaign metrics

Data entry or CRM updating roles

AI Impact:
Automation will let quota-carrying salespeople handle more accounts directly, with AI generating proposals, decks, and pipeline forecasts.


💣 Least Likely to Be Cut (Protected Roles)

Customer-facing field techs (fiber installs, enterprise network repair)

Top-tier enterprise sales reps and BDMs (they drive revenue)

AI engineers, cybersecurity, and network architects (strategic growth areas)

Government relations & regulatory (too high-impact politically)


🔍 Summary — If Verizon/AT&T Targets $3–5B in Cost Cuts:

Area % of Cuts Role Examples AI/Automation Relevance

Middle Mgmt 25–30% District & Ops Managers Moderate–High
Back Office 25–35% HR, Finance, Legal Very High
Customer Service 20–30% Tier 1 Reps, Chat Agents Very High
Network Ops 10–15% NOC, Dispatch Moderate
Marketing & Admin 5–10% Analysts, Coordinators High


If you’d like, I can draft a strategic breakdown for how a telecom could communicate such a restructuring internally (e.g., “efficiency initiative” or “AI transformation plan”) — useful if you’re studying or preparing for leadership discussions.

Would you like that next?


Are app Eng cooked?

I’ve been hearing there’s ai now that can do our jobs… and that the entire SWE chapter but almost exclusively application engineers are targeted for ENGINE asap.. is there truth to this? Tbh I’ve been looking for jobs since last August with zero interviews so I’m really really worried. Any insight would mean a lot, thanks !


Pssst. In case you didn’t know about the 100 Million

Reading posts for far too long without contributing aside from a thumbs up or down.
All the bit$hing about layoffs and RTO can be summarized and understood by understanding the un mutable living fact. Which is, 100 MILLION of us will be displaced by AI by 2030.
Fact, not fiction. There will be civil unrest. There will be difficult times. This vast wasteland called T is the least of our worries, Look to your right and to your left. I promise you those employees will be unemployed.


Impact of AI at SAS and its workers in the next few years

What will be the impact at SAS with AI in the coming years? Are you worried?

Calacanis warned: "Before 2030 you’re going to see Amazon, which has massively invested in [AI], replace all factory workers and all drivers … It will be 100% robotic, which means all of those workers are going away. Every Amazon worker. UPS, gone. FedEx, gone.”

https://www.msn.com/en-us/news/other/bernie-sanders-agrees-with-billionaire-elon-musk-i-fear-he-may-be-right/ar-AA1P07Qr?ocid=winp2fptaskbar&cvid=68faad410dea4c86a5b3449004875a5e&ei=16


Here we go

  • Meta will lay off roughly 600 employees within its artificial intelligence unit, a spokesperson confirmed to CNBC.
  • The cuts come as Meta has poured billions of dollars into AI to keep pace with rivals like Google and OpenAI.
  • Meta’s chief AI officer, Alexandr Wang, announced the layoffs in a memo to staff.

https://www.cnbc.com/2025/10/22/meta-layoffs-ai.html


AI and Layoffs

"Despite India layoffs, Oracle co-founder says AI will 'enhance capabilities, not replace' humans"

read the headlines ...

Tell that to all those untimely ripped from their jobs... They sure feel replaced, rejected and condemned!


Goldman Sachs Eyes Layoffs and Hiring Slowdown Amid AI Push

Goldman Sachs has informed employees of potential job cuts and a hiring slowdown through the end of the year, according to an internal memo seen by Reuters, as the Wall Street giant aims to use artificial intelligence to enhance productivity.

Calling the initiative "OneGS 3.0", the memo said some of the priorities for its AI initiative are sales and client on-boarding process, as well as other critical areas such as lending processes, regulatory reporting, and vendor management.

https://money.usnews.com/investing/news/articles/2025-10-14/goldman-sachs-eyes-job-cuts-and-hiring-slowdown-amid-ai-push-memo-shows


AI not reliable yet. TCS losing business to GCCs hence layoff -to keep profits high

AI not reliable yet. TCS losing business to GCCs hence layoff -to keep profits high.
Tata group as whole lost its way about a devade ago. Tata Steel high cost steel in country. Tata motots - high cost vehicle. Tata teleocm failure, Tata Retail business - not doin well


Acrisure is laying off 400 people due to AI, 200 in West Michigan

Acrisure, a global insurance brokerage, financial services and technology company based in Grand Rapids, plans to cut 400 accounting positions in the first quarter of 2026, the company announced Wednesday.

Roughly half the positions set to be eliminated are based in West Michigan, with the rest stretching across Acrisure’s global footprint.

https://www.mlive.com/news/grand-rapids/2025/10/major-grand-rapids-company-laying-off-400-people-due-to-ai-200-in-west-michigan.html


Layoffs

More layoffs to be announced apparently during ER call.
They will use the words that the Street wants to hear. More investments in AI even though excel macros are still the drivers of automation


Paycom Layoffs 2025 (500 in OKC)

Paycom has laid off more than 500 employees in Oklahoma City as part of a restructuring effort driven by automation and artificial intelligence. The cuts affect non-client-facing, back-office roles, while client-facing jobs remain unaffected.

The company said the move is due to efficiencies created by AI-driven technologies. A WARN notice was filed, and employees were notified on Wednesday morning.

Paycom is offering severance packages, outplacement services, and access to internal job opportunities. Despite the layoffs, the company says it will continue hiring for open positions in client-facing areas and remains financially strong.

https://www.news9.com/story/68dd487999d76e9f790c57d1/paycom-layoff-500-okc-employees


If your AT&T boss suggested a layoff was coming, what would you do?

This is a genuine request, and I'd appreciate honest (not snarky) feedback. What would you do if your boss revealed that layoffs were imminent and your team might be affected? It might not be everyone, but it could be. Which is surprising, as we've already had several team members leave. But apparently, that doesn't 'count'. Alas, the 'powers that be' don't view our reporting work as 'valuable' - more like 'oh, that can be done with AI' or some other assumption that diminishes the complexity of what's required. I've been down this path before... and somehow survived by various means. Should I apply for other opportunities at AT&T? Please note that I enjoy my current role. I like my boss. But those above him aren't cool. Am I jumping from the frying pan into the fire? Please note: I'm nearing retirement age and want to make the most of my time.


AI

I was literally just laid off for AI. I rewrite and audit extensively documents on process and procedures and directions.

They said what I do in about a month can be done in less than 5 mins with AI at a fraction of the cost.
I then told them they will have another BP Disaster without a Human making comments and common sense oversight. They said this would be no different than a human making a mistake and HR sees this as a positive to meet the bonuses promised to others. Been with them 10 years!!!!
All I get is half a week per year with pay the company if I don't sign the exit package or one week of pay per year if I sign but I can't claim unemployment... HELP!!!


AI layoffs incoming

Paycom, Oklahoma City’s largest technology employer, is laying off over 500 workers as many of the positions are set to be replaced by artificial intelligence.

https://www.oklahoman.com/story/business/information-technology/2025/10/01/paycom-layoffs-2025-workers-replaced-with-ai/86448337007/