#headcountreduction

Any thoughts on what was shared in today’s town hall with RFAB, DM6, SMFAB, LFAB? In a meeting last week, supposedly Yunus said there were no plans for further headcount actions. But please still voluntarily go burn all your TBK in Q4 so you’re cheaper to fire. Seemed to allude that Q3 numbers aren’t terrible, but they are worried about Q4.

1,200 job cuts (~20% of the remaining workforce) announced yesterday at a European Forum meeting.
Head offices employees “offered”to move to production sites. Significant headcount reduction in GBCs at Prague (Czech Republic) and Budapest (Hungary), with jobs transferred to... Guess where? India, bingo.
This does not factor in possible sales/shutdown of chemical sites in the UK and Belgium.

900 at Imperial Oil, but someone here mentioned a 20% headcount reduction at Exxon Canada besides IO. Does anyone know if a particular area is being targeted, or will the cuts be across the board?

20% HC reduction

I have it from a good source (high up in management) that Imperial is being directed by Exxon to reduce headcount. The legality of this is up for debate, perhaps Exxon will acquire imperial, but that’s besides the point. What we know for a fact is 1) Headcount reduction mandated from the top 2) first strategy is closing QP and relocating HQ to Edmonton, this will have the effect of voluntary quitting by about 15%, so IOL hopes, but probably higher. 3) second strategy is combining Kearl/CL under 1 asset which will also result in another 5% headcount reduction.

If you work in QP, get your resume polished, especially if you are not a high performer. Those at other sites that are low performers should also be worried since the high performing QP employees will likely displace you as they make room for them at your site.

What is about to happen is part of a global strategy to reduced headcount and move our Canadian jobs to Houston and the BTC. ExxonMobil still wants our oil and has plans to increase production and develop Aspen plus other assets. If they want our oil, the jobs should be here. We may not be able to do much, but we can make it harder. Write to Smith, Carney, even Brian Jean and APEGA. It may not stop them, but it could make them think twice or slow them down, which is worth a try.

Soooo there has obviously been a huge amount of layoffs happening.

Please— if you have gotten laid off today or if anyone knows of anyone that got laid off can you reply the department name?

Also— does anyone know of how many people they are laying off and/or if they are going to be doing this the next couple of days?

Praying we are all safe.

~350 total between F1 and F8 (2.7% of total headcount) will likely go by end of year.

Get your backup plans in order, it’s just business.

If XOM is looking to reduce HC10 headcount, why doesn't it create provide an option to let HC10 staff over a certain age (say 50 or even 48) take early retirement.

Reading all the commentary on this forum, a lot of folks may take the option? Has anyone run economics scenarios for this? At the minimum, will improve morale ...

ABU & USA Layoff Summary – Waves 1 & 2

ABU Wave 2
• EOI-Only Adjustments: Across ABU teams, Wave 2 changes were minimal < 1% of staff affected, and only through EOI.

USA Wave 2
• Team USA Impact: No specific percentage breakdown per team is publicly confirmed, but no major WARN filings or Layoff.com traffic suggests significant cuts in the U.S.

ABU Wave 1
• ABU FE CVX Staff: Changes were limited to EOIs and performance-based PMP reviews. No broad structural layoffs reported.

• ABU Contractors: Wave 1 ABU FE contractors saw virtually no layoffs, consistent with Chevron’s strategy to retain operational continuity.

• As expected, very limited ABU in execution MCP changes (JIC, CO2 etc.)

• ABU M&R Teams: Wave 1 Confirmed 100% out of scope. No layoffs or restructuring reported for Maintenance & Reliability functions, deferred to Waves 3 & 4 in 2026.

Ref.
Chevron (CVX): Targeting a 15–20% global headcount reduction by end of 2026, up to 9,000 roles. However, only ~200 layoffs confirmed in Midland, Texas for 2025.

Final Takeaways:

• ABU layoffs remain highly targeted and minimal, especially in FE and contractor roles.

• USA-based Chevron teams have seen limited disruption so far, with no major layoff spikes.

• Layoff.com and WARNTracker show low traffic for CVX-related layoffs in the U.S., supporting the notion that most changes are internal and performance-based.

Please don’t post any BS, Winging or Gossip!

Any NEW ABU / USA Layoff FACTS Welcome!

Dear @Mr. LBT,

Please re-open voluntary retirement and severance with package options for your employees.

Many of us have now changed our minds and would like the option to leave with a severance package.

This will benefit both the company and employees. The company needs to reduce head count to 75k and this allows employees who feel that they are no longer able to contribute to Intel's success to leave on one's personal choice.

We do not want to leave without a severance package, as for many we don't have the luxury of doing so. However, with a severance package, we have a buffer and confidence needed to move on.

We wish you the best of success LBT! However, many of us do not have the courage to ride out the rough waves with you.

I ask because there’s tonnes of positions opening up for external hires ….

Someone help me out here …

Well, the RTO purge has pretty much run its course. Anyone who couldn’t relocate, wouldn’t commute, or flat out refused to play the badge swipe game is already gone or has one foot out the door. That was the whole point, force attrition without paying severance. Mission accomplished.

So what now? The RTO hammer can’t keep falling because there aren’t many left to force out. The novelty is wearing off, and the execs can’t keep blaming remote work forever. Sooner or later, the whole RTO obsession will fade into the background, and we’ll be right back to the good old AT&T tradition: cyclical layoffs every 6 months.

That’s the real playbook. Not collaboration. Not culture. Just headcount reduction on a timer. Watch, the headlines will quietly shift from “RTO enforcement” to “restructuring” and “realignment.” Different buzzwords, same outcome.

RTO was never about making the company stronger. It was a temporary stick to thin the herd. And now that the herd is thinned, the machine goes back to business as usual: cut, shuffle, repeat.

Total 2,035 headcount reduction

5 countries headcount got the most impacted

USA 763
China 328
India 294
Brazil 59
Malaysia 43

Firstly they ignored the most up voted question about how to improve Support organization when they keep cutting headcount and experience.

But more importantly this is a completely pointless call for anyone not in the CS organization. It was an entire hour of talk about sales (called "adoption" and "renewal").

Why was I invited to this? We had to reschedule our application development support weekly meeting for this cr-p.

The customers repeatedly tell us they're dissatisfied with support (which is under CS&D), yet the board keeps reducing headcount and laying off our experienced support engineers. This company is doomed with these board execs seeking short term share growth over everything.

We need to finish this headcount reduction that Stankey wants quicker rather than dragging it out. It’s like peeling a bandage quickly vs peeling it slowly and feeling the pain of arm hairs getting pulled.

Once the headcount is where it needs to be, then there will be less of a focus on a 5 day RTO and we will get the flexible schedule back. It is just the people that are working hard out of non-hub cities - anything outside of Dallas, Atlanta, NJ to be honest - that are holding us back at this point. Either relocate to Dallas, Atlanta, NJ or leave as Stankey is mentioning. Yet yall stay and we all get punished by Stankey for it.

Rumor is the FRA is going to allow for less frequent signal inspections. Crossings will go from monthly to quarterly inspection intervals. Yes this would free up time for signal maintainers to work supporting maintenance of way which is very much needed, but as always this is causing fears of further headcount reductions to the signal dept. What this doesnt address is the constant need for additional headcount for trouble calls. With current staffing levels there still isnt enough employees available for trouble calls.

To: All Employees
From: Leadership Communications
Subject: Reinvention Update

Dear Team,
As part of our ongoing Reinvention journey, we want to take a moment to recap the tremendous progress we’ve achieved, which on closer inspection looks suspiciously like chaos:

• Q2 Results: While our financial performance was pure garbage, we see this as a powerful opportunity to demonstrate resilience and accelerate the pace of transformation, because turning failure into a buzzword is cheaper than fixing the business.

• Leadership Evolution: John B has transitioned from his role as COO to continue serving on our Board, which sounds like a noble continuation but in practice means his head was required on a silver platter. He will chair the new Integration Committee, which is a committee no one asked for but looks reassuring in press releases.

• Leadership Innovation: Our Chief Disruption Officer, Deena P, has announced she is leaving to spend more time with her family, which is the universally accepted code for “thank you for the selfies, now please go". We are grateful for the inspiration and hashtags she brought to Reinvention, because nothing drives shareholder value like social media content.

Looking forward, we are excited to announce the next step: a global headcount optimization initiative. Executives have been tasked with submitting names by end of Q3, at which point 3,600–4,800 colleagues will be invited to explore career opportunities outside the company.

As a global enterprise, we are committed to fairness, but also math: it is dramatically cheaper and faster to fire people in the U.S. than in other countries where local laws demand notice periods, unions, and dignity. Accordingly, our American colleagues should expect to play a leading role in this Reinvention milestone, because your jobs are legally the easiest to erase.

We understand there is hope that reductions will focus on less-productive management layers. While that hope is touching, history has shown us that those compiling the lists — along with their friends, spouses, siblings, and Saturday tennis partners — somehow never appear on them.

Thank you for your ongoing commitment to Reinvention. With fewer people, less stability, and more recycled jargon, we are confident that together we can continue to deliver bold PowerPoint slides that tell a story our numbers cannot.

Warm regards,

Your Leadership Team

I'm telling you, in a month from now there will be less. Headcount IRIF. Book it.

It appears that over 17,000 layoffs have already occurred, and the process is still ongoing.

Can someone post an updated slack count.

I’ve heard factories are being asked to cut >$50M yearly while still ramping, that’s an extreme target. In the semiconductor space, savings of that magnitude usually come from headcount reductions, vendor contract restructuring, consolidation of manufacturing operations, etc.
Trying to hit that scale of savings during a ramp is especially problematic because ramping fabs need additional headcount, training, materials, and spare parts. That makes it contradictory: the fabs are being asked to grow output and shrink cost simultaneously.

Mohammad Yunus’s reputation (reducing headcount in Assembly/Test in Asia) suggests a playbook of workforce reduction as the primary lever. Bringing that mindset to U.S. fabs is dangerous and reckless from a senior leader driving knowledge drain. I’m surprised employees are not organizing to join Unions.

TI may have set itself up by over-promising Wall Street and under-investing in scalable cost infrastructure. The resulting “savings at any cost” mentality risks not only operations, but also employee trust and legal exposure.

Exxon Mobil Corp XOM recently reported in its 10-K filing that its global workforce decreased by 1,000 to 62,000 personnel in 2022. This was due to cost-cutting measures intended to increase shareholder returns. It was Exxon's third consecutive year of staff reduction, down from 75,000.

The company also forewarned of potential risks for its operations in Kazakhstan, a nation in central Asia that borders Russia by a distance of 7,644 kilometers (4,750 miles). ExxonMobil’s combined oil and gas output in Kazakhstan was 246,000 barrels last year, which were exported via the Caspian Pipeline Consortium (CPC). According to the filing, Exxon may face an undeterminable loss in cash flow from its businesses in Kazakhstan if Russia interferes with the pipeline's functioning.

The U.S. oil giant, ExxonMobil, holds a 25% stake in the Tengizchevroil (TCO) oil production joint venture that manages the Tengiz and Korolev oil fields in Kazakhstan. The company also holds a 16.8% working interest in the Kashagan field. Per the filing, ExxonMobil's assets in Kazakhstan generated after-tax earnings of $2.5 billion in 2022.

I read in the Q2 financial report that the quarter end employment number was 16,600. Does that include Lexmark personnel? If yes, that means prior Xerox people remaining must be around 12,000 or so world wide?

Alvind reminds me of Jack Welch. Acquire companies and pay way too much , then reduce headcount due to overpaying .

GE Went from making appliances to becoming a bloated financial services company then becoming a shell of its former self

Alvind is doing these acquisitions and the balance sheet is artificially pumped up

Investors don’t care about acquisitions, they want reduced headcount due count and they have their puppet Krabanaugh to do that so that S0B can get a bloated 100 million perk package

From what I am hearing, most of folks on ISP list will be DLs.

Given the objective of cascade 2 is to reduce leadership layers, it makes sense. GPs/Directors will save their skin and throw DLs under the bus.

Skills, capabilities and performance will not matter. If you are a DL and don’t have a GP/Director protecting you, your name will end up on the ISP list.

Given all the layoffs that are sweeping through the company and still to come, are any of the jobs listed on oracle.com actually open? Can anyone inside comment as to whether they've seen any hiring happening or is it frozen for 60 days?

Does anyone know if there will be more TAM Layoffs coming now that everyone's been given a new title?

I’m hearing rumors that business lines/functions will have 20% targets for an October RIF. Is anyone else hearing the same? Does anyone know of any specifics?

This sounds a bit too much, but then again…

6k is 1/3. That’s the number. That gets the staffing to about 12k which is roughly half of what it was pre covid. That’s a huge reduction. With increasing output and content the goal is double the revenue of pre covid with half the staff. That’s how you turn a profit.
OP: @fh+1k2wpserx

A SI and Ops Spec. roles had a last-minute meeting this week stating that we're looking at reduction of roles due to NK's lifecycle.

Anyone else catch any more details on this?

It is because a big headcount cut will happen and will be announced around November 12, minimum 10k employees will be impacted.

I keep hearing that 1000-1200 associates are going to receive the ISP. This would be a substantially higher number than what have been discussed related to Reimagined. Is anyone else hearing similar rumblings?

https://wccftech.com/intel-xeon-6-6980p-hits-a-record-low-price-of-6190-half-the-official-msrp/

This could be half the official headcount

I recently chatted with a friend who specializes in restructurings, and she shared some thoughts on reimagined.

The duration and scale of this consulting project indicate that the target for headcount reduction is more than 15%.

ISPs are probably going to lose access to their laptops within a week. The 60-day period to reapply for other positions is likely nonsense. Once ISPs are informed, they won’t want them snapping photos of sensitive client data and sharing it on the dark web.

They probably had an idea of who they were letting go back in January. Typically, leaders assess their employees based on current skills and their potential for retraining.

Despite all the dishonesty and deceit, my friend believes PP is doing well. Her aim is to boost GP profits, and cutting over 1000 jobs will definitely enhance GP returns.

Happy Hunger Games!

Based on what people are sharing, these layoffs seem massive and widespread. Why are we being kept in the dark? The lack of communication is making an already difficult situation far more stressful and disorienting than it needs to be.

Sr. Director here.

Had my 1x1 with my SVP yesterday and was told that I likely will have to cut 5 people. I was told that this is company wide and most, if not all, departments and teams will be hit with a minimum of 10% for each team. Apparently it comes down to which is "cheaper" - cut ties with a vendor and get rid of a necessary tool, or cut people. In this case, it's sadly people. She couldn't tell me much but it sounds like it's supposed to be fairly big.

The gole is cut 22% headcount including other approaches.