#headcountreduction

200? 300 so far?

Since not enough of you volunteered to ensure that we can continue to receive SLT and EC level bonuses we are gong to let go the volunteers that we determine necessary and e have a separate list that we will be letting people go from. We will be reducing the total headcount by 15%

Don’t worry though we are seeing improved margins and orders coming in form customers. Are marketing efforts are starting to seeped up and take off and the future is bright for those whom are remaining

SD just told me that on May 7th there will be a RIF and it will be 10% across all markets and bands, AI driven. I will be out on sort term for 60 days and wanted to know if I will have a job to come back to. My SD said I am good but their will be a 10% RIF on May 7th and a few co-workers might not make it so not to be alarmed when I come back. Good luck all, and May the force be with you all!

I've heard so many different rumors that pieced together, it sounds massive. Anyone have anything more concrete?

I'm so burnt out that I'm ready to ask for a spot on the next list. The strategy of slashing headcount to boost profits and never looking back is not sustainable.

The comedian Joe Fenti has some great videos on LinkedIn that sound all too familiar. I am laughing as I die inside.

https://www.linkedin.com/posts/joe-fenti-362b232a0_way-to-raise-the-bar-deloitte-nice-activity-7453130676020695040-IzmT

Layoffs go into effect May 20, 2026.

Per Bloomberg News and confirmed.

Also, it’s closing 6,000 open roles.

The PGA Tour cut 56 full-time employees. This reduction impacts about four percent of its staff. These changes follow a $1.5 billion investment from Strategic Sports Group. A new CEO model is now in place. A shorter schedule and new markets are under consideration.

https://golfweek.usatoday.com/story/sports/golf/pga/2026/04/23/pga-tour-layoffs-2026-cuts-4-percent/89753519007/

The PGA Tour laid off 56 employees on Thursday. This represents about 4% of its global staff. The organization is undergoing a right-sizing for its new for-profit structure. FTI Consulting audited the tour and provided recommendations. The PGA Tour also will not fill 73 open roles.

https://www.sportsbusinessjournal.com/Articles/2026/04/23/pga-tour-lays-off-4-of-staff-amid-organizational-right-sizing/

Per latest Q1 filing, Intel has 78.5k employees. Another 3.5k layoffs on the way!

1400 at PHK is massive, majority in tech

At least for the 19,100 employees reduced since March 2025 according to Q1 2026 financial news release.

Congrats to those that remain on the increased value of your retained RSU and outlook.

buy a brother a beer?

In case you missed the earnings report, they have reduced staff by 3% and plan on aggressively reducing staff to be replaced by AI. They consider employees liablities not assets. I have tried and tried to get out but being middle aged is tough. The discrimination is real. I hope the younger generation leaves and doesn't deal with this BS. BTW the employees that are not coming into the office? Their bonuses were NOT impacted. This means they were effectually making more than the rest of us su-kers going in. Unreal.

IT&V’s town hall is scheduled the day before Tuesday… are they doing layoffs the day before??
What will the topics be?
My guesses:

• AI
• The need to reduce headcount
• AI
• Do more with less
• AI
• India
• AI

Lowe's Companies announced plans to cut 600 corporate and support roles nationwide. This reduction represents about one percent of its total workforce. The company aims to shift resources toward store operations and customer-facing employees. Many affected employees are based in Mooresville and Charlotte, North Carolina.

Mooresville, North Carolina

http://www.msn.com/en-us/money/companies/lowe-s-begins-layoffs-in-north-carolina-plans-600-job-cuts/ar-AA1WBcI5?apiversion=v2&domshim=1&noservercache=1&noservertelemetry=1&batchservertelemetry=1&renderwebcomponents=1&wcseo=1&bundles=feat-es2020-c

Senior Exec told me to look for role…
Anyone else hearing this?

Rumors are floating around that more layoffs will be at HQ. Especially in Data, Strategy, PMO and Engineering

7% to 9% headcount reduction expected to be announced August 12, 2026.

Is this correct?

1. They’ve been delayed to add more names to the list.
2. But they’re ready to go now. Week of 4/27.
3. Leaders have been asked to provide team productivity data.
4. I heard 10% and 20%. Worst number was 40% (of PHK Tech, not Global), probably over several waves.

Last time I checked they were making 3 billion in revenue, I think the goal is to shrink the total employee count to 7000.

I only see a few options.

1 - Keep under performing as a smaller, poorly managed Oil & Gas company?
2 - Buy something, incurring more debt?
3 - Sell all or part of Ovintiv now that Anadarko is closed and add in a heavy haricut to reduce headcount?

Good luck everyone.

What you see in news is vastly exaggerated. Cost reduction target is 20% - achieved through head count reduction in high cost countries -us employees took the brunt.

Imagine this scenario. You get PIP’d, then work hard to pass it. Bring up your ranking the next 3 years. Think you’re in a good spot. Then in year 5 some manager says, “we need to cut headcount, find anyone that’s been PIP’d once in the last 4 years and we’ll knock them out this year with a PIP.” All the hard work wasted. Just another lever for the company to pull when they want to accelerate the headcount reductions.

Bumping this up for visibility. Found at @b2+1knpqre16.

Finance, IT and HR have 40-50% headcount reduction targets by 2030. Expect 5-10% "performance" cuts each year, very few backfills and a ROM 2028-2029.

I wish they would land on a criteria and stick to for more than a year or two. Must be trying to get rid of some NRE folks. More headcount reductions to come...

The layoffs keep happening over and over again but somehow the same useless people always remain. You know the type. The ones who've been here two decades, add nothing, and have mastered the art of hiding. They need to go, ASAP. Cut them and bring in people with current skills and actual energy. Fresh talent, not the same old faces doing nothing.

Target began laying off corporate employees. The retailer cut 1,000 positions and eliminated 800 open roles. Affected staff received notices via email and virtual meetings. Employees were instructed to work remotely this week. This restructuring follows declining sales and profits.

https://ingstadmedia.com/target-layoffs-begin/

The next wave will start soon.

How many were laid off in the end? 12 k with another 18k to go or have all 30k been notified already?

Curious where it's at...

rumor is a potential 25% reduction in headcount at legacy BD/ADx. does anyone have any details?

After 20+ years at Oracle, no one is exempt from cuts. Realistically, they’re doing many a favor. The company is bloated at 160K employees—I’ve long said it could shed 50K with zero impact. Next should be VPs, directors, accountants, and especially lawyers. I applaud the move, but it could have gone much deeper.

While this doesn't tell us the exact number, we saw 775 jobs cut in supply centers, so the figure will probably be less than that, especially since tech cuts turn around higher cost reduction per head than distribution centers.

Starting tomorrow at 8:00 AM ET, I will be executing a significant organizational restructuring involving a 20% headcount reduction across our team of 400. Following directives to stack-rank based on organizational impact, I am responsible for conducting the separation calls for approximately 80 personnel, many of whom are close peers and long-time collaborators. This transition comes at a critical juncture, as my org is currently managing a large volume of high-vis projects while operating at maximum capacity. Ugh. Such is life. I fought with myself long and hard before coming here to post this but felt the need to further validate what’s going down. :( good luck to all you brave souls, I wish you all nothing but the best

thats about 10-15% of total workforce in canada that was huge !

Until now canada is done , mexico is done ( at least for this round )

Combined about 1.5k+ layoffs

If the 20-30k number is correct IDC and US will be HUGE

How many are you expecting? Maybe they will run this on multiple months and more are to come to mexico and canada again

I've been watching the number closely, and it had been going up, but as of Saturday 3/28, 6:40 AM - down to 165,527. Around 1600 people less than the last time I looked.

Buckle up - maybe Tuesday the 31st is really the day.

Hearing confirmed from senior leadership that layoffs will be impacting the Database org over the coming weeks, ~2,900 roles in total.
It looks like this will roll out in phases, starting with US and then extending to EMEA.
From what's being speculated, areas most impacted include redundant roles (code fixing and ai replaceable tasks), parts of platform, as well as functions tied to performance and time-based metrics.

Do we have a ballpark figure?