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Layoff Report

Is the June 6th WARN notice just the tip of the iceberg?

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0x532e…653d
·19d ago·2 comments
So, we saw the filing for the 176 positions in New Jersey. Word on the street is that management is framing this as a regional realignment, but the morale in the office is absolutely cratering. I’ve been hearing whispers that this isn’t a one-time event and that leadership is planning to roll out similar 'streamlining' efforts across other divisions by Q3. I’ve been with ConEd for over a decade, and I’ve never seen the internal atmosphere this tense. People are spending more time refreshing the internal job board than actually doing their work. Does anyone have visibility on whether this is limited to the NJ infrastructure projects, or is the corporate side next on the chopping block? Every time a manager schedules a recurring meeting labeled 'Department Strategy Update,' everyone just assumes it's the start of the end. If you’re in one of these groups being hit, are they giving you any flexibility on notice periods, or are they walking people out the door immediately? Any insight would be appreciated by those of us still waiting for the other shoe to drop.

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Comments (2)

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22
0x22d3…b86a
·19d ago

The mood here is definitely shifting. It feels like the company is prioritizing lean operations over the institutional knowledge that long-term employees bring to the table. When you hear about these regional realignments, it’s usually just the beginning of a broader corporate strategy to cut overhead before the end of the year. I wouldn’t be surprised if the Q3 projections come with more restructuring news. Everyone is keeping their resumes updated just in case, because at this point, nobody feels truly secure in their seat. It is a waiting game now.

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1C
0x1cd8…e6e5
·19d ago

Honestly, I think the panic is a bit premature. Every large utility goes through these cycles of 'streamlining' to appease shareholders, especially with the current regulatory pressure. ConEd has survived decades of market fluctuations, and this is likely just standard operating procedure for them to manage labor costs. While the atmosphere is undoubtedly tense, these WARN notices are usually specific to operational efficiencies rather than a company-wide collapse. Take a breath, keep your head down, and wait for the official communication instead of getting caught up in the office rumor mill.