#consolidation

Massive consolidation in the dc space. Makes sense and nutanix is cheap.

Have they announced specifics regarding the Region consolidation and who will be leading the new structure?

The oil and gas giant ConocoPhillips is implementing another round of layoffs as part of its ongoing restructuring efforts. This marks the second consecutive year of job cuts for the company. Employees and contractors in specific Canadian locations are being notified of potential position impacts. These latest reductions are tied to a broader global workforce reduction program announced previously. The company has seen a significant decrease in its overall employee numbers over the past year.

Houston, Texas

https://anz.peoplemattersglobal.com/news/strategic-hr/conocophillips-announces-another-round-of-layoffs-amid-16percent-workforce-decline-53019

Consolidating info here. Post your general group and if you were affected today. Keep chatter/off topic to a minimum. Hopefully today is the final day of announcements, good luck everyone.

ConocoPhillips has confirmed new layoffs affecting its Canadian workforce. The company will eliminate an undisclosed number of employee and contractor positions. These reductions follow previous workforce reductions that occurred in 2025. The company stated these actions are part of a routine review to align with its long-term strategy. Specific numbers for the job cuts have not been disclosed.

Calgary, Alberta

https://www.westernstandard.news/news/exclusive-conocophillips-confirms-new-canadian-layoffs-wont-disclose-job-cut-numbers/78180

1. Simplified structure & alignment: Reduced headcount by >2,000; reduced managerial roles by more than 25%.
2. Operational & portfolio optimization: Optimizing outside services; consolidating vendors; prioritizing countries for investment.
3. Accelerated AI Adoption: AI chat agents now support customer service across 190 countries and 6 languages, resolving 24M+ contacts YTD.

Anyone hear anything about this? They're pouring lots of $ into Omaha (new command center) but not so much on the Lincoln side.

Tulsa County is undergoing a departmental restructuring to improve efficiency and save taxpayer funds. This reorganization includes layoffs within the highway department, with efforts underway to reassign affected employees. The county is also consolidating planning and zoning services for unincorporated areas. Additionally, Greenheck Group plans a significant expansion of its manufacturing operations. This expansion is projected to create up to 1,400 new jobs over the next decade.

Tulsa, Oklahoma

https://www.newson6.com/tulsa-oklahoma-news/tulsa-county-highway-department-restructuring-greenheck-expansion-jobs

The University of Maine is implementing a plan to reduce its projected nonacademic budget deficit by $6 million. This initiative involves cutting expenses through unspecified layoffs, shorter employee appointments, and eliminating vacancies. Additionally, the university aims to consolidate research centers and increase revenue by $1 million. These measures are part of a larger effort to address an estimated $19 million deficit for the upcoming fiscal year. Leaders are aggressively pursuing options to minimize the impact of layoffs.

Orono, Maine

https://www.highereddive.com/news/university-of-maine-eyes-6m-in-budget-cuts-including-layoffs/833788/

Disney has significantly reduced its global television presence over the past decade, shutting down approximately 130 channels worldwide. This strategic shift prioritizes streaming services over traditional linear television models. Many countries, including the United Kingdom, Australia, and New Zealand, have lost access to channels like Disney Channel, Disney Junior, and Disney XD. While U.S. channels remain operational, the company is consolidating efforts into platforms like Hulu and Disney+. This restructuring is anticipated to lead to hundreds of layoffs as Disney pivots its focus to streaming.

United States

https://www.nj.com/news/2026/10/media-giant-nixes-about-130-channels-as-cable-declines.html

Several manufacturing companies are implementing significant workforce reductions across various sectors. Maynard Steel is laying off 77 employees due to an unsuccessful sale. Maple Leaf Foods will close its Lightlife Foods plant, impacting up to 150 workers as it consolidates operations. International Motors is eliminating 1,341 jobs at its Ohio plant following a facility sale. ZF Active Safety & Electronics US LLC is also reducing its workforce by 133 employees in Indiana. Dakkota Integrated Systems LLC will close a Michigan facility, resulting in 67 job losses.

https://www.plantservices.com/industry-news/news/55413181/factory-fallout-manufacturing-layoffs-from-maynard-steel-international-motors-and-more

Anyone else heard of layoffs coming for thanksgiving and december holidays? Due to the recent merging consolidation of departments?

How many reorgs have we had in the last several years? Can you point me to one concrete thing that has gotten better from them? Anything other than cost savings caused by layoffs?

I have heard from a VP that some time in 2027 they are planning to announce RTO for tech workers and also going to consolidate management levels.

RTO targeted for mid 2027 official for everyone in Austin and Atlanta. Everyone else remains remote.

Hearing about a 2027 cut in commercial loans. Can anyone verify? Middle management and management the focus to consolidate orgs.

The recent merger of Skydance, Paramount, and Warner Bros. Discovery has created a new media giant with extensive sports broadcasting rights. This consolidation brings together significant assets from CBS Sports and T-T, leading to anticipated changes in programming and staffing. Executives expect a substantial streamlining of operations and a potential reduction in broadcast rights as the new entity seeks to realize promised financial synergies. The full impact on sports fans and the industry remains to be seen, but significant adjustments are already underway.

New York, NY

https://nypost.com/2026/10/09/sports/cbs-sports-t-t-sports-merger-expected-to-be-bloodbath/

Heard from someone close in Galway, that the office visit wasn't a normal check-in. Leadership flew in (higher ups haven't been to office in forever), held a handful of closed-door sessions with site heads, and apparently the word "consolidation" came up a lot. My source says there's a plan to cut operations roles across the EU offices, not just Ireland, and that it kicks off in January 2027. Supposedly the timing is meant to land after year-end peak and Q4 so it's "clean." No idea on numbers, but people are saying it's big. Take it with a grain of salt, but I'd start updating your CV.

Long-time employees have heard of, or even been involved in, one of the many attempts to consolidate platforms. Each and every project has been abandoned after smart people laid out the reasons why it can’t be done, at least to senior executives’ expectations. But here we are again. The people at the top have no history of these events and most have no tech background. What’s the right thing to do? Bite the bullet and build new systems using the latest and greatest tools. TSYS, now Global, and soon to be partly FIS, figured this out 27 years ago when they built a new platform. They ate our lunch for a while selling it to new customers but then started losing to First Data when their client contracts were up on the old system and a conversion was required. We should have done this too. Instead, we’ve spent these 27 years NOT consolidating platforms, and making it more difficult by acquiring more. Of course we’re not even contemplating this. We’re going to continue to do the Fiserv thing - chase ghosts and waste time. It would be better to do nothing.

Software company Atlassian is reducing its workforce by approximately 1,600 employees, which represents 10% of its global staff. This significant layoff is part of a strategic shift to prioritize artificial intelligence and enterprise sales. The majority of affected employees are located in North America. The company anticipates incurring substantial costs related to these workforce reductions and office space consolidation. Atlassian's CEO acknowledged that AI will alter the required skill sets and the number of roles in certain areas.

https://www.goodreturns.in/news/atlassian-layoffs-1-600-jobs-cut-as-software-jira-and-confluence-ai-artificial-intelligence-1495479.html

ConocoPhillips Chairman Ryan Lance said on ​Monday he expects the oil price floor ‌to rise to around $70 per barrel and sees a mid-cycle price of $65 to $70 per barrel ​for the US West Texas Intermediate ​crude benchmark.

https://www.reuters.com/business/energy/conocophillips-sees-oil-price-floor-rising-70-barrel-chairman-says-2026-10-05/

Packaging Corporation of America has announced the permanent closure of its Middletown industrial facility. This decision will result in the layoff of 91 employees by the end of the year. The company cited consolidation of work into larger, more efficient operations as the reason for the shutdown. Most employees will see their work duties end on December 1st. A few individuals may be retained beyond this date as the plant becomes vacant.

Middletown, Ohio

https://www.wdtn.com/news/business/layoffs-ahead-as-middletown-packing-plant-to-close/amp/

Maple Leaf Foods is consolidating its U.S. plant-based protein production into a single facility. This decision will lead to the closure of its Turners Falls, Massachusetts factory. The company plans a phased shutdown over the next 12 to 18 months. This move is part of a larger initiative to improve manufacturing efficiencies. Affected employees will receive support and potential opportunities at other company locations.

Montague, Massachusetts

https://recorder.com/2026/09/29/maple-leaf-foods-turners-falls-closure/

Nike has announced a significant restructuring plan that includes unspecified job eliminations. This move comes as the company reported quarterly sales that fell short of analyst expectations. The restructuring will involve consolidating sales regions and establishing a new campus in India. CEO Elliott Hill stated the changes aim to accelerate momentum in the performance business. Employee impacts from these decisions are expected to begin in 2027.

Beaverton, Oregon

https://www.oregonlive.com/business/2026/10/nike-announces-new-restructuring-layoffs-stock-dips-to-lowest-level-in-13-years.html

BioMarin Pharmaceutical is implementing a significant workforce reduction, with 117 employees being laid off at its Novato, California facility. This action is part of a broader strategy to consolidate the company's global operational footprint. The layoffs are scheduled to take effect on December 4th. A company spokesperson stated that the consolidation aims to create a more focused site in Novato. This move is not linked to recent pipeline developments but rather an ongoing evaluation of the company's operational structure.

Novato, California

https://www.fiercepharma.com/pharma/biomarin-lays-117-california-workers-consolidate-footprint

7k-9k employees gone.
Region consolidation down to 8 regions.
2027 Build goals reduced 50%
Complete internal reorg including construction being pushed to HQ with massive hits to the headcount.
Cuts at all levels. RSVP / SVP / RVP / VP / Director / specialist / Coordinators
CNO - out
FDX Scrapped

There will be a Netflix documentary on this.

Bumping this from @ch+1m233xe24 for info.

BASF is reportedly in exploratory negotiations to acquire Evonik, another major German chemical company. This potential merger comes as both companies face challenges in the cosmetics and personal care raw materials sector, with slowing growth and increased competition. The deal could significantly reshape the global beauty and personal care ingredient market if it proceeds. Both companies have complementary strengths, with BASF offering scale and a broad product line, while Evonik excels in specialty chemicals and high-end additives. The move may signal a broader trend of consolidation in the upstream beauty industry as companies seek to navigate market pressures.

https://eu.36kr.com/en/p/4003124352667784

BRiC looks great and has significant capacity. However, Coral Springs does not have the necessary headcount to support the consolidation.

With site consolidation in mind, are they gonna shut down Hunt Valley and Hagerstown and moving those resources to Florida? BH may not be able to accommodate them due to infrastructure and parking constraints.

Indiana school districts are implementing staff reductions and considering further cuts due to a property tax overhaul. A statewide survey revealed that many districts have already reduced support staff, and a significant majority are eliminating or planning to eliminate teaching positions. Rural districts are particularly affected, with concerns about consolidation and growing class sizes. Districts are seeking funding increases and exploring various cost-saving measures to maintain services. The financial pressures are also leading to discussions about structural changes like building consolidation in some areas.

Indianapolis, Indiana

https://hoodline.com/2026/09/indiana-superintendents-say-property-tax-law-is-forcing-teacher-staff-cuts/

Expedia Group has implemented layoffs affecting its Springfield office, following similar reductions at its Seattle headquarters. These organizational changes are primarily focused on the global finance team. The company plans to consolidate divisions into fewer locations and eliminate fully remote work for finance employees. Some affected staff will transition to new roles or departments, while others will depart the company. Expedia stated it will support departing employees with dignity and respect.

Springfield, MO

https://sgfcitizen.org/economy-growth/business/expedia-layoffs-springfield-finance/

Fusion Application teams are going to be affected more in upcoming period. Heavy consolidation is happening at top layer to cut down more heads after SM left. We have more executives lined up for layoff.

We have already Managers and Senior Managers targeted. There will be heavy trim down of Directors, Senior Directors, VP's in upcoming phase. QA, DevOps , NFR teams beware more. Better plan ahead and move out. If you are heading for your retirement its ok to stay.

Nexstar Media Group is reportedly implementing further layoffs across its local television stations. These reductions are driven by the company's increasing reliance on automated systems for producing on-screen graphics. This shift aims to streamline newscast production by replacing some on-site staff with technology. The move follows previous rounds of job cuts and consolidates graphics production into centralized hubs. Employees have noted the use of software to generate visual elements that previously required dedicated local personnel.

https://cordcuttersnews.com/more-layoffs-coming-to-local-abc-cbs-fox-and-nbc-stations-owned-by-nexstar/

Does this make sense. In this specific order... I think they are following this logic when deciding who to cut. Feel free to add or correct me.

• HR issues, complaints, conflcts, or employees seen as "problems"
• Low perormersperformance
• employees hated by their manager
• Duplicate / redundant positions
• Teams or functions being consolidated / merged
• Mgmt layers (cut during reorgs)
• Managers with low direct-report counts (always a target)
• Employees on sh-t/canceled/deprioritized projects
• Role not aligned to corp strategy
• Remote folks
• High-cost areas / highly comped peeps
• Older / highly compensated employees
• Recent hires (especially if their teams overhired)
• Employees w/no skills aligned with newer priority (hey AI)
• %-based cuts applied across orgs or mgmt hierarchies
• Some get selected because canning them through a RIF is easier than managing a performance exit
• Remaining selections needed to meet the final number needed

• Fidelity National Information Services reported record first half core wins in community and regional banking and rolled out new AI driven and embedded banking products, alongside a collaboration with Ericsson to speed digital wallet deployments.
• These moves suggest that more banks and wallet providers are consolidating around Fidelity National Information Services for connected, multi product technology rather than point solutions.
• The next area of attention is how this wave of record core wins shapes Fidelity National Information Services' investment narrative.

https://simplywall.st/stocks/us/diversified-financials/nyse-fis/fidelity-national-information-services/news/what-fidelity-national-information-services-shares-record-co

I'm hearing there could be reduction/consolidation for Sr. Directors/Directors this week. Music will stop. How many seats will remain? Consolidate more areas? Any intelligence?

Hello Mid-Markets, get ready for next week. They are going to be cutting 18% of headcount including A.D and Directors. They will be consolidating areas to meet this need. They have made a supervisory headcount minimum of 10 persons. Good thing they kept your stock together award so it doesn’t vest when you get your walking papers.

ThriftBooks is closing its Halethorpe warehouse in October, impacting 136 employees. The company plans to consolidate its operations by relocating to its Arizona site. This move is part of a broader effort to streamline its national network. ThriftBooks is offering relocation assistance and placement support to affected workers. The online bookseller has been a significant provider of new and used books since 2003.

Baltimore County, MD

https://patch.com/maryland/towson/thriftbooks-close-baltimore-county-warehouse

FIS is preparing of next wave of layoff before Oct 16. The target is to have lean middle management. Non technical managers in IT services are being consolidated. Each manager will have at least 2 teams. Next 30 days, the managers are asked to provide details of projects they handle.

The projected number is 1000 employees. This is last layoff event of 2026. After that- blackout period starts where there will be no changes due to holiday season.

This is a link to SBD's strategy going forward. It is an article from industry week with quotes from the CEO. You are welcome to draw your own inferences from this article. Even pictures of saw blades...
https://www.industryweek.com/leadership/companies-executives/news/55037934/ceo-stanley-black-decker-likely-to-sell-more-units