#reduction

bad stock performance and poor earnings are driving the layoffs. 10-15% cut.

From what I have heard, there was a 20%+ reduction in their US operations. I know these guys are not part of our org anymore, but I wanted to share since many of us might have friends and ex-colleagues in this org.

Hearing a lot of rumors about IMS Tulsa being shut down / severe reduction in force. Anything?

Did B&B implement layoffs in Q2? If yes how many roles were affected... Which groups had reductions? Also, what's the prognosis for 2026 - I am interviewing and I heard some rumors

Layoffs are anticipated before the end of the year, with WARN notices currently being prepared. The expected rollout includes:

Phase 1: 1,000 employees on October 20, 2025
Phase 2: 1,100 employees also on October 20, 2025
Phase 3: 400 employees on December 15, 2025

Employees may begin to notice subtle behavioral shifts in their direct supervisors. These may include unusually warm and supportive interactions such as increased check-ins, inquiries about personal well-being, family, vacation plans, and offers of help with professional goals. Communications may take on an exceptionally friendly tone, both digitally and in one-on-one meetings.

Such changes often signal that decisions have already been made at higher levels. In many cases, managers are aware of selections made by the layoff committee or may have submitted names themselves to leadership for consideration.

This message is not intended to create fear or panic. Instead, it is a call to awareness and preparedness. If you notice similar behavioral patterns from your supervisors, take proactive steps: begin updating your resume, reconnect with your professional network, and ensure your references are current and accessible. Staying ahead of the curve can make all the difference.

Fifth Third Bank has officially acquired Comerica, marking another significant move in what appears to be a growing trend of regional bank mergers under the current U.S. administration. Industry analysts expect further consolidation as economic pressures and regulatory shifts continue to reshape the financial landscape.

Meanwhile, Truist is undergoing internal restructuring. Sources indicate that between 500 and 700 contractors were cut last Friday in Digital and Technology divisions. While the company cited "policy concerns" raised by its legal department, insiders suggest the move was primarily driven by cost-cutting objectives. The timing coincided with contract renewal periods, and many agreements were allowed to lapse without extension.

Additional reductions are on the horizon, including cuts to employee benefits, further contractor downsizing, and full-time staff layoffs. Truist has faced ongoing challenges in the market, with underwhelming stock performance fueling speculation that the bank itself may become an acquisition target in the near future.

I can confirm there were layoffs well beyond TA, as I was part of group more than 110 research support staff that were unceremoniously informed that it was their last day at Gartner and given less than 24 hours to download their paystubs and say their goodbye to their colleagues. It was truly a brutal and emotionally devastating experience.

A CU leader just blurted out “there’s another round of cuts coming [2025Q4]”. Other NYP leaders have mentioned gaps that need to be closed.

What’s the official word? Personnel are going to impacted? Focusing on OTPS only?

Berklee College Of Music has made some big changes to its staff.

Amid shifting policies and rising costs within education, the school said they laid off 70 employees.

Berklee has confirmed to WBZ NewsRadio that the reduction in staff made up 3% of their employee base. No faculty positions were impacted by the layoffs.

https://wbznewsradio.iheart.com/content/berklee-layoffs-include-70-employees/

I was told that layoffs were coming today. Anyone hearing of any?

https://www.adn.com/business-economy/energy/2025/10/01/conocophillips-sends-layoff-notifications-to-some-north-slope-workers-part-of-global-reduction/

Why are people saying our benefits are being reduced? Where are you hearing this?

Rumor has it that a 25% reduction is going to hit ISG at Lenovo. Good luck everyone.

About Union Pacific Corp.:
The Union Pacific Railroad is a freight hauling railroad that operates 8,500 locomotives over 32,100 route-miles in 23 states west of Chicago and New Orleans (as of 2016). The Union Pacific Railroad system is the largest in the United States and employs over 40,000 workers. The company is one of the largest transportation companies in the world and is headquartered in Omaha, Nebraska.

We are now about what 28000 employees... maybe? And they HAD 8500 locomotives, they only are running maybe 3300? How many are stored broke or have been sold off?

with the hype of ai/ml, do you think they will reduce headcount there (both in Ansys and synopsys) or they will layoff revenue making R&D teams at the cost of promise of big returns from their ai/ml offerings in the future?

Worst day in the history of this company, most of the people were laid off - global functions, AMER region.
Half of the people who got the letters have time only till Jan 23, then they will be laid off.
For rest handful of people, package is same, rest benefits go down, specially the bonus was reduced to less the 50% of the current one.
Curious case, a web marketing leader with 13 years was laid off, in comparison to a leader who just joined the company in July.
So much politics, so much biasness.

For Group 2 and Group 3 - leave while you can, only those will survive who are good at licking.

RR sold this company, sold the lives of thousands of people, shame on him.
worst CEO in the history of this industry.

Stop at 75K or further reduction?

https://techrights.org/n/2025/09/10/The_Bluewashing_of_Red_Hat_is_Being_Completed_Many_Staff_Unders.shtml

https://techrights.org/n/2025/09/10/The_Bluewashing_of_Red_Hat_is_Being_Completed_Many_Staff_Unders.shtml

Lots of reductions in safety stuff. Seems scary? Is it a good thing?

Reductions in business segments are happening in Mid sept. And reductions for shared service areas are happening in Mid Oct (decision tools being sent this week)

A source has revealed that approximately 3,000 employees at Britain's Lloyds Banking Group, identified as the bottom 5% of the workforce, could face dismissal as CEO Charlie Nunn implements cost-cutting strategies.

https://www.devdiscourse.com/article/technology/3614976-lloyds-banking-group-eyes-cost-reductions-amid-performance-shake-up

https://www.phoronix.com/news/Fedora-ARM-Changes-Red-Hat-QA

https://www.phoronix.com/news/Fedora-ARM-Changes-Red-Hat-QA

Expecting this to dip to 56,000 by Q3, 2025 and an earnings beat

link: https://investors.centene.com/2025-07-25-CENTENE-CORPORATION-REPORTS-SECOND-QUARTER-2025-RESULTS

Just announced and Sept 15 is the impacted area notification date

Looks like they over hired during covid now tossing people out so the option to move to another area or take voluntary severance

Reduction IS coming for external associates

By 2025, #Intel plans to #eliminate up to $10 billion in costs annually by restructuring its operations and #sales departments and focused on the development of domestic foundries.

Intel is in a bad situation right now. Since the $280 billion #CHIPSAct deal has been signed, Intel could not wiggle around by delaying the building of new fab in Ohio, which it broke ground on earlier this year, and has committed at least $20 billion to the project. In his #Reuters interview, #PatGelsinger did say that Intel’s people costs were a relatively small part of its overall spending, so the company is more focused on its factories and fabs as places to save money.

I still believe that Pat Gelsinger, as a renown #CEO, will save Intel from trouble this time. He knows that the biggest #cost #reduction should not come from its people cost. This is a little bit different with earlier announced that Intel layoffs are coming in Q4 as it cuts billions in spending. The factories and fabs overall operational cost should be the number one biggest cost. Since there is an oversupply of chip semiconductor after a huge shortage during the #covid19 pandemic, it is not wise to still ramp up and run the fab production as normal. There should be a swift adjustment to cut the production following the decrease on #chip #demand.

As far as I remember while still working at Intel, the company policy on people #wellness and #wellbeing is something that I really proud of. Intel put its people first. Intel has invested so very much on its employees. Intel has been awarded as the TOP 10 employers in Malaysia with its slogan "#aGreatPlaceToWork." That's why Intel will put #layoff plan as their last option to keep the business running.

I still believe that Intel could weather the storm this time around. With Pat Gelsinger, as a CEO, Intel's best year is yet to come. It certainly will come soon as long as Intel policy on its people do not change. Wishing Intel the very best of luck.