This layoff round is taking a large amount of causalities. US/CA/UK/EMEA/India
Good luck to all
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This layoff round is taking a large amount of causalities. US/CA/UK/EMEA/India
Good luck to all
2025 executive pay was just published in Cigna’s annual proxy report. Here’s how much the visionary leaders who are running the company into the ground are making - while your pay doesn’t even keep up with inflation and thousands of us are being laid off or replaced by workers in India at HIH.
David Cordani- $22.9 million
And no doubt he’ll also be getting a huge retirement package when he steps down as CEO in July.
Brian Evanko- $10 million
And he’s poised to make a LOT more as CEO.
Nicole Jones- $6 million
She’s Cordani’s right hand person so that’s not surprising. Will she survive the Evanko era though?
Ann Dennison (CFO)- $4.7 million
She’ll probably make a lot more this year depending on how fast Cigna can get rid of dedicated employees
Everett Neville- $4.1 million
How does this guy make that much?? He doesn’t run any businesses or operations and seems to just be a talking head. His title is “EVP, Strategy and Business Development” but we don’t even have a real strategy and the last few business development deals have been total disasters - MDLIVE or VillageMD anyone?? Cigna lost between $1.5 and $1.8 BILLION on VillageMD alone. How does that justify being paid more than $4 million??
Curious if anyone laid off is trying to secure another role within UHC or Optum? If yes, any success with getting interviews or re-hired? How long did it take you to get rehired?
I heard from my manager they are in the process of setting up IP tracking to determine how many hours a week you are in the office - presumably with end goal to have dashboard like 11 RTO days but now including how many hours your IP showed you in office.
Anyone have further details on IP or any other in office tracking being implemented?
I'm hoping this goes the same way as their development of badge in/badge out tracking which they were too incompetent to implement successfully, which is why we only have the badge in system now.
Current Understanding on Tracking
FTE - Badge swipe ins per month / 11
Contractors - Sapience Micromanagement Software
so despite all receiving a welcome message from our top people person stating there will be a review it seems the UK has been cancelled.
You have not and will not hear this from your UK leader, youll be told there has been a review and it was not affordable, usual rubbish.
your bottom level manager who was not included in the review despite how hard they may work, how low they may be paid or even if they received a top rating in their PDR will have this extra stress added to them and will have to break this news to you.
I am nearing retirement after spending my many years having done the most i can do to look after people in this supposedly people first company and this is the worst i have known it to be and i feel i have been left with no choice for the sake of the wonderful people i work with some of which have to work 2 jobs to make ends meet.
I have my monthly meet with my customer next week and I will be sharing this news and I invite you all to join me in sharing this with yours too.
they need to know before they sign any further projects.
it may just make them think twice about who they give their money to and with any luck move some of their business in house or to somewhere that actually cares about people
Layoff and RTO fatigue. The beatings will continue until morale improves or people quit.
She's already pulled back from involvement in the company. This just formalizes it. Gone within 12 months.
I just got let go today It’s happening
Of those laid off last week, did you receive a severance package? Are you eligible for rehire?
Even when there's good news (revenues up) Dell somehow manages to turn it into bad news (stiffing everyone on raises, IBPs, promotions, more layoffs, etc).
FU-K this sh-t hole company!!
It's happening folks.
What was the corporate message, your departments message, verses reality.
Location?
Title?
Remote?
Badge swipes?
Recent unexplained negative review?
Work being shifted away just before?
Took a package?
I know it su-ks to be the one being gutted and left out. I feel for you as I have experienced it myself. As much as it is painful - there is a higher reason for you being chosen. You are being rescued even though it feels like the rug being ripped under you. You will recover and land in a better spot. You have outgrown the version of yourself at Verizon and excel anywhere you go. Sometimes the universe rips off the bandage and places you where you need to be because you are being complacent. I wish all of you much luck, success, and happiness in your post-Verizon life. I know I found in a company that actually values my opinions and work ethic. Peace be with you all especially all trolls that will come here and comment about me being lazy etc. For their information I found a job before my off-payroll date, started a week after and never took unemployment. 🤣
The Los Angeles Unified School District announced staff layoffs. This action comes amidst a significant budget shortfall. The district faces an $877 million deficit. These layoffs are a direct result of the financial challenges. The district is addressing its budget imbalance.
Los Angeles, California
https://www.nbclosangeles.com/video/news/local/lausd-issues-staff-layoffs-amid-877m-budget-shortfall/3861863/
A I-9 audit is in progress. Gainwell is doing their due diligence to ensure all onshore employees are legally employable. Could be setting themselves up for a future sale.
I want to start off saying that the TIAA associates and people I've worked with are great but the silos and Management are running the firm and the associates into the ground which only hurts participants.
Having worked here for a long time until being forced to leave due to Denver closing (not offered relocation) I am astonished how far in the Stone Age TIAA is.
Every business being its own silo prevents learning and keep employees held back when they are trying to find a role outside the firm. It’s easy to believe I had several roles in different areas at TIAA. They teach you just enough to keep you here until a point they don’t need you anymore. Which makes sense why I couldn’t get a job offer elsewhere until being let go having to re-learn same practices and new things not taught due to silos and getting rid of bad habits taught at TIAA.
I couldn’t be happier where I am but am sad that this company is an even bigger dumpster fire after leaving than it was my last few years there.
I’m currently remote and looking to relocate with my spouse, who just received a great offer in a different city. While the bank doesn't have an office in that specific city, it does operate within that state (the nearest office is about 4 hours away so I will have to continue remote). Has anyone remote (geocode C) successfully made a move like this in the last 3 to 6 months while staying remote?
Until when? I've heard so many different things at this point I can't keep track anymore.
ASML revealed plans to eliminate about 1,700 management positions, representing around 4% of its global staff. The cuts focus largely on technical and IT teams, and weeks after the announcement, employees are still waiting for clarity.
https://www.tomshardware.com/tech-industry/asml-workers-still-in-the-dark-seven-weeks-after-1700-management-cuts-announced
They gutting Poly persoanl world wide hiring cheaper hires.
Is anyone familiar with what circumstances must be met to qualify for an exception to remain home based? I’d like to know before submitting my request.
Dutch semiconductor equipment maker ASML announced layoff plans. The company intended to cut 1,700 management positions. This reduction impacts about 4% of its global workforce. Technical and IT departments were the primary targets. Seven weeks later, the process for affected employees remains unresolved.
https://www.digitimes.com/news/a20260316PD235/asml-dutch-layoffs-equipment-2026.html
Warner Bros Montreal has experienced an unknown number of layoffs. This occurred amidst the acquisition of Warner Bros by Paramount Skydance. Employees shared news of their cuts on LinkedIn. The layoffs affected various departments, including producers and designers. Cost-cutting efforts are common during major company acquisitions.
https://wccftech.com/warner-bros-montreal-hit-with-unknown-number-of-layoffs-amidst-paramount-acquisition/
At least 30 people, up to the director level. Not a big number but converse doesn’t have any people anyway.
Master plan is to cut deep and manage by moving IDC resource to US using L1B loophole if the situation demands. Good luck folks.
https://www.minichart.com.sg/2026/03/14/optimum-communications-inc-files-8-k-report-detailing-director-changes-and-compensatory-arrangements-march-2026/
Starting to hear of the March round taking shape. Know of 1 in HR. What’s everyone else seeing?
At the last town hall they said layoffs were done and we had the right people in the right places. But more people were rif'd last week. Not sure what to believe.
Working in tech is such a reliable way to plan to raise a family, with long-term employment stability.
https://www.reuters.com/business/world-at-work/meta-planning-sweeping-layoffs-ai-costs-mount-2026-03-14/
NEW YORK/SAN FRANCISCO, March 13 (Reuters) - Meta (META.O), opens new tab is planning sweeping layoffs that could affect 20% or more of the company, three sources familiar with the matter told Reuters, as Meta seeks to offset costly artificial intelligence infrastructure bets and prepare for greater efficiency brought about by AI-assisted workers.
How is Intel more efficient when I spent all 8 hours today approving entitlements for people in this AGS system. Is this efficiency?
what are u hearing.
Post any high level details of what you are seeing this morning (or if you were impacted).
Whether it’s true or not that the company must slash 50% of the workforce to survive, the number of employees has always boggled my mind. Where are all these people working, what groups, regions? Now we are 2x after the Lex acquisition, and it is even more of a mystery. Who has insight?
Is it true that the bank won't allow for a manager to write a recommendation for a former employee?
In my particular situation, I used the LinkedIn recommendation tool and requested one and that was the response I received.
I tried this because a former coworker of mine mentioned they asked for one and they had no problem in getting one. So I thought, well why not? Even my manager said to me when we said goodbye, that if I needed anything at all please reach out.
What else could they do to help besides give a recommendation etc.?
I almost feel they could if they wanted too they would, but for some reason, albeit a personal reason (though they would never admit) is causing them not too.
It hurts so bad to be told and thrown out of a job from someone you really went out of your way to assist on many occasions and gave praise and encouragement and built a meaningful relationship with business wise.
The fact because you're not able to travel the 3 days a week because you can't afford to get there was the only reason you didn't stay.
Its alarming when they stop speaking to you and delete you off all social media for no reason. Wont respond to you no matter what when attempting contact to see how they are doing.
You feel it's because of that (leaving on good terms, told to stay in contact, so what else could it be)?
I can speak for many I believe that a fully remote no questions asked option when we all came back from covid should have been a reality. This whole location strategy and layoff fiasco could all have been avoided had this happened:
For example **
option A: Full-time remote. There will always be enough people to fill the offices so I don't know why there is/was such heavy handed approach towards that.
Or option B Full office: Everything as usual for whoever wanted to go in.
Those are the only options that should have been presented after coming back. The choice should have been simple and permanent, everyone would have been happy and life could have continued on as intended. I'd still be working there, if they weren't so strict on wfh.