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Margin compression = layoffs

Memory shortages are going to whack margins and the only lever that can be pulled to maintain stock price is expense reduction aka layoffs.

This company has no ability to sell software without hardware and no ability to hedge across non storage products.

Before someone says what about cloud ..... Azure and the others, will also be hit with the shortages.

NetApp is like a small mom and pop hardware store which is being destroyed by Home Depot.

Leave now before the out of business sign is on the door.

#Company #Downsizing #ExpenseReduction #Layoffs #Margin

Bluum Plans Irving Facility Closure

Bluum, a tech services company, will close its Irving facility. The company communicated this decision to the state. Bluum cited "strategic restructuring" as the reason. This explanation was provided in an official letter. The closure specifically impacts the Irving operation.

https://www.bizjournals.com/dallas/news/2026/03/02/tech-services-co-wine-distributor-plan-layoffs.html

#Closure #Company #Layoff #Restructuring #Texas

"Houston We Have a Problem" XOM PIP Reallity

EM PIP in reality can be driven by statistics, internal politics, bias, or interpersonal conflicts not your performance. So many people end up on a PIP for reasons that have nothing to do with their actual work. Some examples I have seen in past years/teams:

  • He was put on a PIP after questioning unethical practices used by senior team members and suggesting better methods. They felt threatened and collectively turned against him.
  • She was sharp, social, and highly capable. Her manager recognized her potential and gave her additional responsibilities, which triggered jealousy among other women on the team who then ganged up on her.
  • He was new to the group, and instead of helping him integrate, they isolated him, refused to let him blend in, and targeted him for bottom ranking.
  • She consistently helped others develop, but instead of being recognized, her peers sabotaged her work because she was naïve and overly friendly.
    How PIP Practices Often Work in Reality:
    In many organizations, the outcome of a PIP is predetermined long before the process officially begins.
  • Some employees receive only a few formality emails and “pass” without any real process.
  • Some endure a three‑month ordeal that feels like a continuous interview, filled with pressure, bullying, and harassment—only to be told they “failed.”
  • Employees targeted for removal often face hostility, humiliation, and impossible expectations, and at the end they’re given vague statements like “We don’t think you’re a good fit.”
  • Some people have their PIP extended because of medical leave or mental‑health‑related disability leave, only to return and be failed anyway—or receive a letter saying their disability benefits are ending and they will be terminated if they cannot return...
    Bottom line if you are not PIPed soley for statistics choose PIL....Up to you
#Employees #Company #PIP #SeniorTitle

Sabre at a Crossroads

Sabre just issued an 8K outlining its limited-duration shareholder rights plan (basically telling Wall Street they have a short term 'poison pill' strategy) following the accumulation of a significant amount of stock by Constellation Software. Sabre's travel customers now not only have to worry about whether Sabre can deliver the products they need, but whether they will even have ownership stability since the stock started to be traded at The Dollar Store. I don't know about you, but Sabre has probably run out of runway to repair the balance sheet in time to invest in any credible product development that can compete with PROS, Accelya, or FLYR's PSS alternative's in the PSS arena. What do you think?

#Shareholder #WallStreet #Company

Retirements, hmmm

Odd that people are announcing retirements that haven’t discussed it before… I had my job eliminated and was given the choice to say if I was retiring or not. I responded with “just tell people what you did” rather than deal with colleagues congratulating me on retirement when it is really a termination. Is this a company tactic to make them look better?

#Company #Culture #Layoff #Retirement #Termination

30/70 employee ratio

I just got out of a meeting where my VP made it pretty clear that by end of this year, he wants a 30:70 employee ratio between USA and HIH. There was another thread here talking about this, but seems to have been deleted (I didn't know layoff.com deleted threads).

We are given a timeline now to make this happen and get our ratios aligned to this goal. I wonder how long before our turn to have our job be offshored.

#Company #EmployeeRelations #Layoff #Offshoring #WorkforceReduction

Walgreens Cuts Hundreds of Jobs

Hundreds of layoffs are coming to Walgreens. The Deerfield-based company called this a difficult decision. The company aims to simplify its organization and improve service. Reports indicate 469 jobs will be eliminated in Illinois. Another 159 positions will be cut in Texas.

https://www.nbcchicago.com/news/local/deerfield-based-walgreens-to-layoff-hundreds-in-difficult-decision-report/3902007/

#Company #Illinois #Job #JobSecurity #Layoffs

“Reclassification”

I don’t know how Macy’s “reclassifying” some people’s positions affects store employees, but everyone who was hired as a “flex position” for corporate side of things has to return to office 4 days a week. They’re doing construction of the office floors at Herald Square in NYC, but what are they changing exactly? They’re adding assigned desks and taking away conference rooms. Have a meeting you need to attend and there’s no meeting rooms available? Their advice was to just go walk through the store and take your meeting.
They’re offering 0 incentive for employees that can completely do their jobs remotely to return to the office 8 hours a day 4 days a week. They want us to “cowork in a creative environment” while being surrounded by beige walls, desks/cubes with no privacy, fighting over meeting rooms just so they can justify having all of that space and its cost.
Snacks? Better coffee? Maybe some other colors than red and beige and white and black? Nope! But come into the office because we are watching you!
They also do not consider the amount of employees they have working there that do not live within NYC. Have wages raised? No, but the cost of transportation sure has from the Long Island railroad to NJ transit to the MTA subway and bus fares.
I don’t know that this company is gonna last much longer. They really only have the 100th year of the parade this year going for them.

#Company #Culture #Layoffs #Office #WorkFromAnywhere