#fear

Will be the last straw for most at HP. Good luck everyone. It’s going to be a bloodbath.

It's minus 8 degrees here in Minneapolis and ice is on the roads. Workers are running cause they're scared. Cold slippery ice causing problems. There is no god here. Let the Workers take over and melt ice.

• Oracle’s credit risk gauge on its debt closed at the highest level since 2009
• A surge in bond issuance from large tech companies helped trigger the move
• Investors are increasingly worried that the AI sector may be forming a bubble
• The cost of protecting Oracle’s debt against default rose to about 1.28 % a year
• This level is based on end of day credit derivative prices in New York
• It marks the highest cost of protection on Oracle’s debt since March 2009
• The price jumped nearly 0.03 % compared with the prior trading day
• The gauge has more than tripled from around 0.36 % in June
• Heavy funding activity by tech firms is adding pressure to credit markets
• Oracle is being viewed as more exposed to AI related volatility in investor sentiment
• The move fits into a broader rise in perceived credit stress for major tech issuers
• These shifts are intensifying doubts about how sustainable the AI driven expansion will be

https://www.bloomberg.com/news/articles/2025-12-02/oracle-credit-fear-gauge-hits-highest-since-2009-on-ai-bubble-fears

I’ve heard so many different versions of what’s coming and when that I can barely keep track anymore. I know we’re in trouble. It would just be nice to know what’s ahead so we can at least try to prepare.

Is anybody else worried that with the never-ending layoffs pretty much everywhere, even if we manage to find a job we'll be out within a few months because of the first in first out rule? I know everybody is getting rid of seasoned employees, but they have to balance it, and new employees usually pay the price.

No matter what your end date is? I already sent out about 50 applications. I know some people are taking some time to recover, but I'm too scared to wait.

Try and get a job and you'll see, it’s not happening.

..depression is setting in. Thoughts are going to worst case scenerios. Can't help to think everything that I have worked for all these years is in danger.

🪓

It’s a rough time right now. A lot of us are worried about our jobs, not because we’ve never lost or changed jobs before, but because the market is terrible. Everyone’s on edge. So if you share anything, make sure it’s reliable or at least somewhat grounded. We need to be mindful of what people are going through. This is the time to support each other, not stir up fear or spread bait.

My VPN just went down and can’t connect. Is it just glitch or they just brought down my access. I am scared now!!!

A lot of unstable employees out there.
The fear and anxiety has really affected people in such a negative way.
Keep an eye on your peers… be a friend!

Anyone from Basking Ridge location scared? I keep seeing Lake Mary and multiple other offices in this thread that may or may not be closed eventually or teams that are told to be WFH but haven’t seen much or any posts on NJ location. Any teams in NJ scared of what’s coming? Are we people in tax going to be affected?

Across my career, leadership has pulled the same tired scare tactics… threatening people with unemployment, dangling PIPs, and handing out code-of-conduct write-ups like candy. It’s always the same script: intimidate the workforce and hope fear keeps everyone quiet.

Then Dan strolls in and casually tosses out ‘layoffs’ like it’s his fun fact of the day. Another pressure play. Another attempt to make people sweat.

Well, on behalf of every corporate employee who’s done being toyed with: Dan, you can’t threaten us with a good time. I’m not lurking on this forum because I’m scared of losing my job. I’m here waiting on my check. And honestly? Even if you don’t lay me off, I’m out the door after my FMLA anyway.

Like Amazon are H1B's targeted in here. Any info on this.
If yes it would badly impact us on H1B

You know, like Enron or Sears. We're all going to be just fine.

I really hate seeing the stock fall this hard because we all know what usually comes next when the numbers keep heading in the wrong direction. If things do not turn around soon, leadership will almost definitely start leaning on layoffs again just to make the balance sheets look better for a quarter or two. Mark my words, they always reach for the same playbook when the stock starts tanking.

Could you imagine what would happen if someone took Mike up on his offer to call him with feedback?
“Umm, we haven’t been responding immediately to customers rfis etc. bc we’re severely understaffed and have been working 60 hours a week for 6 months to just get releases out the door, so you’re really just asking us to work 70 and 80 hours a week.”
Recalibrating is not “hey let’s Really focus, people “ lol
And all the svp and vp henchmen would love to know who calls to know who to layoff.

Usually, people are thinking about whether they'll survive within their team. These latest layoffs are about whether the entire team will survive or not. I've never been through anything like this in my life, and I've been working for nearly three decades. It's just on a whole new level.

So hour by hour every publication is using the '15 to 20k layoffs' headlines to get to whatever sl--t they have, and all of the quotes and bullets are the same for all of the articles. And VZ officially has no comment. And this site and Reddit and everywhere else threads their hearts out with rumor/speculation/furvor. And VZ, the communications company with the new 'Tell it like it is' CEO, and a credo of integrity and respect, just allows rumor, speculation, and uncertainty take a deep soak while November 20 gets closer on the calendar. This isn't some scramble with no direction; Big Brother is controlling the communication even if it LOOKS chaotic. Chaos is a strategy.

Hi all ,
Firstly my heart goes out to people who got laid off ,one of my colleague got laid off and we were taken aback by the whole thing (never expected that he would be the one to be impacted by it)

I joined synopsys few months ago , I'm still in probation , I scared that they might lay me off , I can't stop thinking about it, if in the worst case scenario I get laid off , is anything that I can expect in terms of severance or anything at all ? Any advice here ? I work in TPG

We have a culture of fear now at WF that has destroyed innovation with all of us walking on eggshells

I hate what this is doing to me. I am here looking at my coworkers and praying its one of them and not me. I don't want anyone to lose their job, but of course I prefer that I don't lose mine. So here I am looking at my VZ "family" and hoping its them. This su-ks.

I know there are plenty of trolls, but please, for the sake of the rest of the thread. Just leave the trolling for somewhere else. Have any band fives been asked to give a list or have been given a list?

Or just the boot?

Does someone know how the selection was made?

Who is making call and how much our direct management influenced the process?

Hot off the wire - cuts starting tomorrow in Model E.
Best of luck to you all. See you on the other side.

Any areas that still have all their managers?

https://www.the-sun.com/money/15469725/verizon-denies-rumors-employee-layoffs-mass-closures/

I rely on my medical coverage now more than ever, and the thought of losing it terrifies me. I’m just tired of living with this constant fear of layoffs. I wish we could go back to focusing on our work without worrying every day if we’ll still have a paycheck tomorrow.

At what point are heads going to start rolling? It feels like it will never get any better.

CP laid me off this week. Since then I am feeling shock, anger, sadness, fear, guilt, and shame. Anxiety about the future leading to feelings of worthlessness. It’s like a bad dream and you keep hoping you wake up and it wasnt really, that you weren’t selected. But you were. You are going to feel anger when you find who remained and question how “they” got to stay and you didn’t. It’s going to hurt.

I wish everyone well on Wednesday.

Seems to me that if you :

Work in Wireline you should be worried

Live nowhere near any of the hubs you should be worried

Are a band 6 with no staff you should be worried

Work in Connect you should be worried

Work in International you should be worried

Have no operational role you should be worried

Are not hitting your Sales target you should be worried

If AI can do 60% of your role you should be worried

So I guess there’s 2-3% of the company that can sleep soundly…

i see a sudden meeting with hr, is it scary?

1. UPS: 48,000 employees
2. Amazon: Up to 30,000 employees
3. Intel: 24,000 employees
4. Nestle: 16,000 employees
5. Accenture: 11,000 employees
6. Ford: 11,000 employees
7. Novo Nordisk: 9,000 employees
8. Microsoft: 7,000 employees
9. PwC: 5,600 employees
10. Salesforce: 4,000 employees
11. Paramount: 2,000 employees
12. Target: 1,800 employees
13. Kroger: 1,000 employees
14. Applied Materials: 1,444 employees
15. Meta: 600 employees

Bank of America - hoping 0

HR did this the first year of Bora Bora and did it again. I'm not sure if this is for all departments but its definitely for mine. My manager showed the direct email from HR because of fear of the teams reactions and blaming him. all year ends were already submitted and HR required each person to be Brought down by one score level so not a single person got a 1 score. Assumingly like last time the yearly raise will be almost nothing.

The truth is that a little fear is good (for us that have been so comfortable with Target) it’s helping us do something we might have not thought about doing. Looking outside of Target. This is not the Target I know anymore. For those of us in Minnesota, things will be tough. Stay strong, update your resumes and start looking, even if you make it out.

I've been in a couple meetings late last week and management Sr director, ADs, SMs all mentioning the site as if our fear isn't valid. Basically they all were saying everything here is fake and no one really knows. Just strange that higher-ups mentioned the site by name and wanted to discredit everything on here. Who's know what is true on this site but for leadership to acknowledge it shows even they know some layoffs are coming.

Work seems to be slowing down across all branches pack your bags and get ready for the boot.