***** LAYOFFS THREAD ***** McKinsey plans to cut 2,000 jobs in one of its biggest layoffs

[TrishaManiac]

3 hours ago, Moon_Walker said:

Looks like there is a major layoff at Microsoft today. Can any employee confirm

 

https://www.teamblind.com/post/Microsoft-layoff-July-10-tXXBLdOe

 

yes, thousands laid off today at MSFT......FTE head count came down to 217K now from 232K in January

[Moon_Walker]

[Blind] Check out this post! Mass layoffs in Aug/Sep  (Layoffs)
https://us.teamblind.com/s/8WjUkJVA

 

[Manishican]

1 hour ago, Moon_Walker said:

[Blind] Check out this post! Mass layoffs in Aug/Sep  (Layoffs)
https://us.teamblind.com/s/8WjUkJVA

 

Companies increased staff size by 20 to 40% especially big tech. They are just adjusting 

[ismartganesh]

Mass layoffs at Geico

https://www.insurancebusinessmag.com/us/news/breaking-news/geico-employees-report-mass-layoffs-457025.aspx

[perugu_vada]

2 minutes ago, ismartganesh said:

Mass layoffs at Geico

https://www.insurancebusinessmag.com/us/news/breaking-news/geico-employees-report-mass-layoffs-457025.aspx

Auto Insurance prices increase chesesaru especially Geico vallu .. even customer care valle annaru .. yes the prices are cheaper elsewhere than in Geico ani when I spoke last time

[futureofandhra]

1 minute ago, perugu_vada said:

Auto Insurance prices increase chesesaru especially Geico vallu .. even customer care valle annaru .. yes the prices are cheaper elsewhere than in Geico ani when I spoke last time

all auto insurance prices are high now not just geico

[ismartganesh]

4 minutes ago, perugu_vada said:

Auto Insurance prices increase chesesaru especially Geico vallu .. even customer care valle annaru .. yes the prices are cheaper elsewhere than in Geico ani when I spoke last time

after covid state farm and geico raised the premiums. Because of that reason they lost the revenue from long term customers.

[Moon_Walker]

Looks like big layoffs at GM

 

https://www.teamblind.com/post/Lost-job-First-layoff-now-what-Have-60-day-left-at-company-KKKZdFUV

So, it will probably hit the news soon. GM basically did a massive layoff today. The entire Arizona Innovation office is being closed down in October. 

[laxmiparvathin]

On 8/22/2023 at 9:29 AM, futureofandhra said:

all auto insurance prices are high now not just geico

Anna ur in AP. How do u even know about auto insurance prices in USA

[Manishican]

Job market is good. Many people in this forum itself are posting about new jobs. Layoffs are common even in regular times. Look at earnings of tech companies 

[futureofandhra]

14 minutes ago, Manishican said:

Job market is good. Many people in this forum itself are posting about new jobs. Layoffs are common even in regular times. Look at earnings of tech companies 

not true

many banks removing contractors

[ismartganesh]

August 31 , 2023

UBS ( Switzerland ) - 3,000

Sage Therapeutics - 40% of workforce, no #

General Motors Fort Wayne Assembly Plant - Extends temp layoffs an additional week

Public radio nonprofit CapRadio - 12% of workforce

Wells Fargo Washington County Oregon - 316

Barstool Sports - around 100 layoffs likely

Guaranteed Rate - quietly laying off for more than 1 year

[Tillu143]

We are seeing layoffs in news but most of the people doing multiple jobs.

[yemdoing]

layoffs have spread to services companies now ..

[aimodel]

9 minutes ago, yemdoing said:

layoffs have spread to services companies now ..

tcs ?