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JPMorgan Adapts Workforce for AI Through Attrition, Not Layoffs

JPMorgan Chase is managing its workforce evolution in response to artificial intelligence. The bank plans to rely on natural attrition rather than implementing layoffs. CEO Jamie Dimon anticipates AI will eventually reduce the total number of jobs. The company intends to hire more AI specialists and fewer traditional bankers. This strategy allows for retraining and redeploying existing employees through natural turnover.

https://aimagazine.com/news/jpmorgans-workforce-strategy-attrition-over-layoffs


Chelan-Douglas Health District Staff Face Layoffs After Leader Departs

Layoffs are planned for the Chelan-Douglas Health District. This follows the chief administrator's departure last month. The public health department serves two counties. It manages child nutrition programs and vaccinations. The district also handles disease outbreaks for the Wenatchee Valley.

Wenatchee, WA

https://www.ncwlife.com/news/videos/layoffs-follow-health-agency-chiefs-resignation/video_53e0476a-e59b-51ea-85dc-d2064519150c.html


ESPN plans new layoffs after NFL Network deal

ESPN expects another round of layoffs. This follows its recent acquisition of NFL Network. The NFL gained a 10-percent interest in ESPN in the deal. The NFL Network purchase is a major factor in these upcoming job cuts. Both off-air and on-air employees are expected to be affected.

https://www.nbcsports.com/nfl/profootballtalk/rumor-mill/news/report-nfl-network-acquisition-will-spark-more-espn-layoffs


Experience doesn't seem to protect anyone

I've worked closely with a few core systems for years and always believed that made me valuable to Cisco. Recently I've watched people with deep knowledge get pushed aside during layoffs and it's changed the way a lot of us look at long term stability here. We still work hard, but there's definitely less confidence that loyalty or expertise will matter when decisions get made. So many of us have started looking. Loyalty has to be a two way street or it simply disappears.


A Heartwarming Layoff Story

I just returned to work on 5/28 after being out on short term disability for a heart condition. Apparently I missed the mass video firing? I came back to see my supervisor and others in my team chat as "user unknown" Confused, I reached out to get some understanding of what I missed, I was ignored. So I clocked in and began my day. Member choice center btw. About 2 hours in, I received a meeting invite and was informed that my job was eliminated and was to clock out after the meeting. Which actually is fine because this job was soul su-king and I found something better. I do have a question about severance though. How long does it take to get severance and the email with info on that?


First week RTO feedback:

Alright, let's hear it! Comment below on the first week back under the new RTO mandate. People going from 3 to 4 days a week, how bad was it having that extra day and having 3x the amount of people around you all day? HBAs returning to office (myself included), was it as bad as you thought, worse or better? My personal opinion and observations were the following:

  • Commutes: These are only 'tolerable' if you get there before 7 and leave before 3. Traffic is and always will su-k in a post covid world where everyone drives like they are either on me-h or sleeping pills.

  • Collaboration: We have to sit around people we already work with (I work with cool people thank goodness). Zero difference in teamwork, communication etc other than talking over a cube wall instead of in a teams chat. The idea that being in person will "increase collaboration" is one of the biggest lies told to us. In fact, it seems that people are less likely to do any type of extra "collaborating" because everyone is tired, burnt out, and of patience. Another Fail for ELT. (put this L on the stack with the others)

-"Culture": Day one had lots of chatter and "summit energy" from associates seeing others they had not seen in years. This type of "energy" also can be found at Founders Day. Oh wait, PP ki-led that whole event with no explaination. By day 3 people appeared to be less "bubbly" and were more or less just focused on staying in their cubes, plugging the ears with a headset or ear buds, and counting down the hours until it was time to leave. Everyone looks tired and checked out. If EDJ had any brains, 2 days in office seems to be the sweet spot if you were going to have RTO and not make it fail horribly. But, these people are stupid and will never notice this. Also, for the folks that think HBA peeps are lazy because we are (or were) at home, please sit down and take your L. Lazy people in the office are no different than a lazy HBA. In office are actually worse about getting out of doing work because there is nobody watching them. HBAs always felt like they had to go above and beyond to stay off the radar.

  • Productivity: This was the biggest fail of them all. The distractions of having people walking by my cube, the background noise, hearing other calls, and just general in office vibes. This is a horrible, outdated, beyond stupid way to complete non client/branch facing work. It is unbelievable how much less productive I was this week in office VS at home. The time it took to get day to day work done was increased due to having so many distractions. I made more errors this week than I have in years. Stupid errors from simply not being 100% locked in on the work I was doing.

  • Leaders: The only leaders that seem to be enjoying this new RTO are the ones at or above DL. The ones who wear the sport coat/blazer every day. They have the talking points down, the fake persona like a politician, and generally walk around thinking they are Gods gift to this company as they figure out new and creative ways to break everything they touch. They don't even seem like real people and make zero effort to interact or have any personal relationship with the people under them, unless of course they need a new 'work around' created for a system tech failure. They stay in their clique` with the other 'jackets'. They seem almost completely detached from reality and have zero ability to "read the room".

Summary: I knew it would be bad, but this is much worse than I imagined now that I'm seeing it in real time. People that love WFH don't care if someone is in office, teams chat is yellow/away, or someone doesnt reply right away. We simply do not care and only focus on the job we are paid to do. Nothing else matters to us if the work is getting done correctly. The in office junkies (the ones who love RTO) seem to be nothing more than micro managing control freaks. They dont have enough to do and have major insecurities. They love being in the office and therefore everyone needs to be in the office to fill whatever mental void they have. These people are borderline psychopaths with the way they obsess over what their coworkers are doing. It's sick and childish when it comes down to it. The obsession with seeing bodies in the cubes and nothing more has to be one of the biggest fumbles and fails EDJ has ever done (next to layoffs and outsourcing). I'm generally curious at this point as to how much extra $ is wasted on these buildings to keep them functional VS when the company was fully remote for almost 4 years. It's going to be a very long summer.


Return to office impact on employees

Hi Wells Fargo friends,
I am with Edward Jones and here for some info & advice.

As a remote employee (not in St Louis), I feel that my days are numbered because Edward Jones put in place 4 day return to office.

As Wells has had return to office for longer, wondering how they had handled remote employees. Were all remote employees terminated? Did they run a survey to ask who would relocate and terminate those who said no? Or was there a different criteria?

I appreciate any insight you can share. My sense is Edward Jones will copy Wells and other industry peers in how they handle remote employees.


RNDC Announces Significant Workforce Reductions

Republic National Distributing Company is laying off 689 workers in Grand Prairie. This information comes from a WARN Act listing. The company recently sold 11 locations to Reyes Beverage Group. Reyes Beverage Group hired over 5,200 former Republic employees. Republic National plans to lay off 1,903 employees in Texas overall.

Grand Prairie, Texas

https://www.star-telegram.com/news/business/fort-worth/article316006326.html


ESPN Plans New Layoffs, On-Air Talent at Risk

ESPN is reportedly preparing for another round of layoffs. On-camera talent are said to be at risk this time. ESPN previously laid off about 30 off-camera workers this spring. These reported layoffs follow the company's NFL Network acquisition. Cord-cutting and new expensive rights deals affect ESPN's operation.

https://awfulannouncing.com/espn/planning-layoffs-on-air-talent.html


Sick

For whatever reason, they tried to sneak me into COBRA after my layoff. If I hadn't called to fight it I'd have had to may 800 something dollars. But for some messed up reason, they want to still make sure I pay something so I have a 300 something dollar bill (thank you useless offshore rep) that I have to once again fight.

Oh and the reps were all offshored. Man fu-k this place and its current leaders to he-l.


Stop fake laughing with and complimenting ghouls like Beth O'Callahan. You won't be spared

What the he-l is wrong with you kiss-a-s corporate boot-lickers?

Beth doesn't support families, women, disabled people, and those with extenuating circumstances with the RTO requirements that make FTO impossible. And to add insult to injury, the recent layoffs despite record stock prices and revenue...

Have some god-damn self respect for yourselves.


Denise, please do everyone a favor and quit already.

Denise, I hope you're listening and reading the feedback from sites like TheLayoff. It should come as no surprise that BD employees are fed up with the non-sense and your incoherent babbling in the townhalls acting like you understand anything that's going on in the company. Shame on you for perpetuating the dysfunction of the greater IT organization and trying to spin it as "BD excellence". Your recognition means nothing. Please do us all a favor and leave ASAP.

Sincerely,
BD employees and customers.


Elizabethtown Distillery Cuts Staff Amid Spirits Slowdown

Whisk-y House of Kentucky laid off 22 employees. This cut impacts about 30% of its workforce. The Elizabethtown facility now runs at 60% capacity. Slower spirits demand caused this production reduction. The company offers severance, benefits, and job placement assistance.

Elizabethtown, Kentucky

https://www.wdrb.com/news/business/whisk-y-house-of-kentucky-layoffs-impact-employees-at-elizabethtown-facility/article_58587a96-5a30-46e7-b5c9-17bcd982b43b.html


Greenfield College Balances Budget, Three Management Roles Cut

Greenfield Community College balanced its FY27 budget. This effort significantly reduced projected layoffs. Three non-unit management positions were eliminated. No union-represented staff positions were cut. The college also left some vacant positions unfilled.

Greenfield, Massachusetts

https://www.wwlp.com/news/local-news/franklin-county/greenfield-college-balances-budget-minimizes-layoffs/


Why Are Lies Necessary?

Why does management say presence reports aren’t really scrutinized anymore? Bull, if anything they are used even more.
Why do you claim we have flexibility? Bull, we need approval in advance for Caregiver & WFH if we’re sick- that’s babysitting, not flexibility.
We care about employee well-being? Bull, why do you go into hiding every month to create next surplus list. Just cut what you need and let the rest of us exhale.


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 staffing. It has now started to feel less like planning and more like a way to keep people from questioning decisions and keeping us in our lane.


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, money, and more importantly time. And you sold your dignity for a small check and what amounted to a pizza party. Hey we all get used from time to time. But this time, you got a skill out of it not just he---s.