#headcountreduction

Scrutinize, double scrutinize and triple scrutinize each and every engineer, especially the dead wood at Grade 10 and above. Most of them are needless overheads and only serve to drag the company down.

This is the ERA of AI assisted development. Leverage AI and eliminate DEAD WOOD.

From my LinkedIn feed:

I used Claude Code to create a new HDL and vibe coded a compiler in a couple of weeks of my spare time. (Yeah very little left after a busy day at work ;-) ) Now I am very certain say 80% likelyhood we won’t need half of design or verification engineers in max two years from now. I think we’re going back to a full stack frontend engineer model again. For a medium complexity accelerator chip, you need 1 architect, <10 AI native frontend engineers (doing design, verification, synthesis, timing,) 2 verification/emulation specialists for integration testing. I don’t know enough physical design to predict there.

The Algorand Foundation laid off 25% of its staff. This decision stems from the crypto market's decline and economic uncertainty. The organization stated it was an incredibly tough decision for them. It aims for a more sustainable alignment of resources with its priorities. The foundation remains focused on protocol development and ecosystem growth.

https://finance.yahoo.com/news/algorand-foundation-cuts-25-staff-210002272.html

Who can tell me what project North Star is? I've heard rumblings it will be massive headcount cuts in Houston. Anyone with details?

Do you think at this stage, given the scale of redundancies already undertaken, that we are relatively safe from the 'sweeping layoffs' being announced elsewhere? No mo--nic responses please.

The number is larger than we assumed, so it's going to take some time to figure things out and set everything up. This'll be another long wait.

A few days old news

https://www.retaildetail.eu/news/fashion/nike-pulls-the-plug-on-411-jobs-in-laakdal/

doubt LT or HR is reading posts from this site, but they probably should

regardless, maybe they'll stumble here and read this 4 sentence summary from the last 14 days of posts here.
yes, they should be getting a rolling 14 day feed to their inbox daily, but probably can't figure out how to do that, or if they even care, tbh

well, here it is anyway:

The Nike employee community is currently defined by a profound sense of anxiety and a breakdown in trust, as workers brace for rumored "March-April" layoffs.
Morale has plummeted due to a perceived lack of clear communication from leadership and a declining stock price that employees feel reflects mismanagement.
Many staffers report extreme burnout and a toxic environment, leading some to openly wish for voluntary severance packages just to escape the company.
Ultimately, the consensus reveals a workforce that feels undervalued and deeply pessimistic about Nike's future identity and stability.

Employees of Intel not in alignment with RTO will begin to be culled starting in April.

If they email it, who does it come from and how do they even know you read it?

The plans are in the final stages for a MASSIVE Layoff of all H1-Bs from TCS North America. This is due to huge pressure from the Trump Admin for any and all suppliers to the US government to eliminate ALL H1-Bs from payrolls if you want to be a supplier to ANY DERIVATIVE government agency, you need to eliminate all H1-Bs from your payrolls.
That means there will be an ELIMINATION of all H1-Bs from TCS USA payrolls.
Most H1-Bs should plan on moving back to India or wherever you were sponsored from as things are about to get very ugly.
This action is due to TCS aggressively eliminating US citizens and replacing them with cheap slave labor from India or wherever they were sponsored from.
Goodbye H1-Bs, you had a good ride but it’s over now.

Ship it all to ITC but…..

1. They don’t care about the brand.
2. They don’t care or know how to serve the athlete.
3. They’re not awake when their customer (the biz) is.
4. They work bare minimum and are not proactive.
5. Laying off long time Fte sec folks who gave their all but had horrible leadership and a lousy product and vendor to work with is cold. Accenture su-ks….
6. Sales and innovation su-ks so definitely cut, but creating jobs in ITC for folks who will not be held accountable for anything is a money su-k.

here is the break down
$1.6 billion restructuring programme,

Phase 1 (Done) ~10,000 layoffs , $961M - this was late 2025

Remaining
Phase 2 (Now March-May) $639M

if they layoff from low paying areas then yes 20k is still to go , if its higher paid areas
then number will be lower , will see

what do you think ?

Keep an eye out for a "Important Business Update" appointment scheduled in your calendar on a Monday or Wednesday Evening. If you see that, you will be RIF'd the following morning. Your computer is locked almost immediately after you are notified, so if you have stuff you want on it, disconnect it from WIFI so you can pull off any personal data. To figure out who else on your team is also impacted, try scheduling a meeting with your boss, and all your teammates that day with your calendar tool. That will give you an overlay of availability. Anyone else with 15 minute slots that overlap with your boss's calendar are getting RIF'd that day too. This will be Oracle's largest RIF yet, they are starving for cash and the easiest way to fix that is by reducing headcount - 8% reduction is likely.

Healthcaredice.com posted an article about Cigna’s recent announcement of cuts that affects worldwide employees…yeah right. Meanwhile, they’re actively hiring EMPLOYEES in India.

• Cigna plans to lay off roughly 2,000 employees, just under 3% of the company’s workforce, to cut costs by the end of February.

Speak with your Congressional Representative, I have. They will be looking at this. The number of jobs leaving America is egregious. What economic path will our children have?

https://www.healthcaredive.com/news/cigna-layoffs-2000-workers-worldwide/811844/

Media reports say 12K worldwide, but nothing specific for the US so far.

So here it is the Enron model for managing headcount - forced ranking with 12 different goals, most out of your control. BOTTOMLINE, just another way to reduce 10% each year. Interested what comments are:

Intel's next scheduled major job eliminations for 2026 are set to take effect on July 15, 2026. These cuts specifically impact manufacturing hubs, including four campuses in Oregon, where worker counts for this round jumped nearly fivefold to approximately 2,400 roles.
This 2026 wave is part of a broader initiative to slash an additional $1 billion in operating expenses throughout the year to reach a target global headcount of approximately 75,000 employees.

Not sure how many have heard of Project Converge, but it starts tomorrow. It is secretly tied to multiple initiatives in WAVE 2025 where we are marching towards significant staff reduction costs since Worldpay has merged into our organization. Drive of AI and Robotic Automation is extreme at this point. Will be a tough tough year. Good luck tomorrow.

Wells Fargo Workforce Transformation (2020–2026)
Since 2020, Wells Fargo has executed a dual-track workforce strategy: aggressively reducing its domestic footprint while scaling up high-end engineering hubs in India. Under CEO Charlie Scharf, the bank has shifted from a growth-at-all-costs model to one defined by AI-driven efficiency and "Global Capability Centers" (GCCs).

The Domestic vs. Global Shift
While the total global headcount has dropped by roughly 25%, the impact on the American workforce is significantly more severe due to simultaneous offshore expansion:

Global Headcount: Dropped from ~275,000 in 2020 to ~205,000 today (a loss of 70,000 total roles).

India Workforce: Tripled from ~12,000 to over 36,000 employees.

U.S. Workforce: Fell from ~258,000 to approximately 164,000.

Total U.S. Impact: A net loss of roughly 94,000 American jobs, representing a 36% reduction in the domestic workforce.

Key Strategic Drivers
The AI Efficiency Multiplier: Leadership confirmed in late 2025 that AI-native coding tools have increased developer productivity by 30–35%. This allows the bank to maintain its output while reducing domestic headcount through "natural attrition" and targeted layoffs.

India as an Engineering Hub: The bank has transitioned India from a "back-office support" region to its primary engineering center. The Tower 4 campus in Hyderabad (1.2M sq. ft.) now serves as the global heartbeat for software development and data science.

Domestic Consolidation: U.S. cuts have been driven by the closure of over 1,000 physical branches and the "flattening" of middle-management layers to reduce bureaucracy.

Financial Reallocation: In Q4 2025 alone, the bank spent $612 million on severance to facilitate the exit of roughly 5,600 workers, clearing the way for a leaner, more offshore-centric 2026.

Critical Sources
SEC Filings (10-K): Annual reporting of total headcount from 2020–2025.

Investor Conferences: CEO Charlie Scharf's commentary at the Goldman Sachs Financial Services Conference (Dec 2025).

Regional Reports: The New Indian Express and HR Katha regarding the expansion of the Hyderabad/Bengaluru hubs.

WARN Notices: Public filings in Iowa, North Carolina, and Arizona documenting formal layoff rounds in early 2026.

It's going to be a bloodbath. 10% in technology.

We just laid off 20% of the employees and now we’re hiring again in our team. The role they are hiring for can be fully done by ai… what gives

Only a day after Harley-Davidson's new CEO Artie Starrs relayed that he has a clear view of what needs to be done to rescue the legendary brand, there's a report that what the future holds are layoffs at the Motor Co.

https://www.rideapart.com/news/787052/harley-davidson-headcount-reductions-layoffs/

Used to be great place to work...could get away with so much skiving. Then if they wanted rid of you would bench you followed by Payoff...or just a payoff.

But there's another way to get you to go....give you lower performance rating than deserve. And they'll get away with it under new framework. Appeal? ...sure but not to an independent panel, to the same people who give you your score. Great system.

Spoke to my manager today and he told me 40% of people were given lower score than should have had simply for reason 'we want to reduce headcount'.

Things are broken, time to think about Plan B

What’s wrong with Cigna? Against the trend?
Cigna laid off 2000 employees while other health care organizations added 82k jobs!

130,000 jobs added in January !
The January numbers came in stronger than the 75,000 economists had expected. Health care accounted for nearly 82,000, or more than 60%, of last month's new jobs.

https://www.pbs.org/newshour/economy/130000-jobs-added-in-january-while-labor-revisions-cut-hundreds-of-thousands-last-year#:~:text=thousands%2Dlast%2Dyear-,130%2C000%20jobs%20added%20in%20January%20while%20labor%20revisions%20cut%20hundreds,jobs%20cuts%20and%20new%20laws

... to see what's coming next. Hopefully trimming fat in US will bring stable growth in Pune, Bangalore and Mumbai. That's ironic - American company cutting Americans first. FAFO!

Morning everyone! With the North East set to go live with new structure by end of February can anyone provide updates? Only couple weeks away, how is the transition going? Any head count reduction? How are the employees being treated? Severances offered?

Reading between the lines in the call, it sounds like we’re in for a big headcount reduction.

Jefferson County Public Schools has not yet identified the 300 central-office jobs being eliminated. These specific details are expected to be revealed at Tuesday's school board meeting. Superintendent Dr. Brian Yearwood previously directed department chiefs to reduce their staff budgets by 50%. This measure is projected to save the district approximately $44 million. Board members have requested clarification on whether these cuts involve actual positions or existing vacancies.

https://www.wdrb.com/news/education/jcps-still-hasn-t-identified-the-300-central-office-job-cuts-details-expected-tuesday/article_23350a00-7322-419c-a033-98d4c6084ba3.html

The Chandler Unified School District has finalized its staff reduction plan, saving some librarian jobs that caused an uproar in the community, but at the expense of five more teaching positions.

https://www.chandlernews.com/santan/news/teachers-assail-chandler-unified-layoff-plan/article_891ef6fe-c698-4da3-acf1-4fd613830991.html

“The technology sector faces perhaps the most dramatic transformation. Indian IT services firms, which built empires on providing entry-level coding and testing services, now face existential threats to their business models. When AI can write, debug, and test code autonomously, offshore staffing advantages evaporate.”

Expect less investment and a never-ending headcount decline.

Between Q3 2025 and Q4 2025, FSB reduced FTE headcounts from 13,221 to 12,824 (379 FTE reduced). However, Salaries and Benefits expense went up from 1.74 billion dollars to 2.32 billion dollars. This does not include bonuses since bonuses are paid out in Q1 2026. Has Bank really spent so much on severances or has Bank hired highly compensated employees while cutting MSRs?

You can look up the numbers by going to FFIEC call report.

The Washington Post is an embarrassment.

https://www.thelayoff.com/t/1kgmwz0v2

I always thought ISG = Inside Sales Group and CSG = Channel Sales Group, but apparently neither are sales related... Still don't know what they are but, why are those groups seemingly always hit so hard?

What did they do to pi-s off the Dell "gods?"

With prices being dropped to get more customers in, ARPU falling and acquisition costs therefore going up…..margins and cash flow are falling and will continue to, and guess what’s next……yes, more major headcount reductions coming soon to try and improve the margins. It is simple P&L math, just watch…..

What is the target reduction?

5K employees on the chop block. Brush the dust off your resumes friends

Each year 10% !

Wonder how Verizon will do getting through this big winter storm after all the head count cutting and workforce demoralization?

Feels definitely less than last round of 5k in 2023.