#consolidation

Why doesn’t Cigna just close some of the offices instead of doing these massive layoffs? Does anyone know if they plan to do this as part of their strategy after February?

Saks Fifth Avenue will close its only Alabama store. This Birmingham location will shut down in April. Forty-four staff members face job loss. Saks aims to consolidate its retail presence. This follows the company's January bankruptcy filing.

https://www.montgomeryadvertiser.com/story/news/local/alabama/2026/02/20/saks-fifth-avenue-closure-of-only-alabama-location-means-staff-layoffs/88737058007/

having jana partners onboard is a excellent choice. the though decisions will finally be made. non critical assets will be sold. the staff bloat will be addressed and all of these satellite offices will be consolidated. and the ceo gets to play the good guy. this thing might actually turn around

The consolidation of the offices to the hubs. ECS and future state. The loss of jurisdictional expertise from the regional offices to the hub and an SCP manual. You lost touch with what made you number 1- no customer cares about your metrics, they want confident knowledgeable guidance and you’re not giving that anymore, especially when management doesn’t even know the job and just focused on your idle time and how many cause of loss you closed. When you stop putting the customer first and worry about the things they never see or know, you lose touch with the actual mission. You cannot separate yourself by being like everyone else

Janus International Group will lay off 113 employees. These permanent job cuts affect a Houston facility. The company is consolidating its operations. Layoffs are scheduled to begin after April 2. Affected roles include rollers, stapler felters, and material handlers.

https://www.bizjournals.com/houston/news/2026/02/13/janus-self-storage-manufacturer-houston-layoffs.html

The crypto industry is likely to see more projects snapped up by larger companies, which may lead to a much less fragmented sector in the months ahead, says Bullish CEO Tom Farley.

https://www.tradingview.com/news/cointelegraph:e05fad3c9094b:0-massive-consolidation-expected-across-crypto-industry-bullish-ceo/

Idaho State University is cutting about 45 positions across its workforce and consolidating two colleges, East Idaho News reports.

https://www.idahoednews.org/news/idaho-state-to-cut-positions-consolidate-colleges/

@@@ 3 layers of directors that don't do the work. They are next for consolidation with Frontier this year.

Who's ready for March layoffs?

Heard layoffs are starting next week at least for converse, does anyone know?

So original this was scheduled for June July, but now March. What’s behind the rush?

Is this true that corp hq is closing in CT? Maybe moving to another building?

They are closing the Grand Rapids facility - it's a full closure. About 100 people will be laid off. More consolidation on this level is happening.

The company announced in a Jan. 16 WARN filing that it is closing its New York Avenue facility in Ohio, describing the move as part of a long-term strategy to streamline operations and support growth.

https://www.cleveland.com/news/2026/01/toledo-bakery-plant-closing-in-march-resulting-in-68-permanent-layoffs.html

Between ap and la.

What does this mean for cs?

Anytime the email references consolidation/cost control/simplicity/stay focused you know there was some damage done. Additional carnage to come?

The direction couldn’t be clearer anymore: the company is consolidating aggressively into Plano. Everything outside of Plano is being phased out unless you’re considered “critical” and already local. Even employees currently assigned to the Dallas HQ are being told they’ll move to Plano once the new office is ready, which says everything about the strategy.

Notices are starting to hit teams in St. Louis, LA, and other non-Plano locations, with more expected to follow. This isn’t a rumor or a one-off—it’s the plan. If you’re not in Plano, the message is blunt: relocate or prepare to exit. The days of distributed hubs and geographic flexibility are effectively over at AT&T.

Strong rumors about massive reorganization in SBG. Several executives were axed. Consolidation of several BUs. More products will be integrated under Splunk.

Seems like another way to combine and cut eventually

Project Managers rebadging. 90% and 10% stay as GW (for now).
Consolidation under one VP + mass rebadging + downgraded benefits usually means cost restructuring and positioning the company for a transaction (sale/spin/outsourcing). Whether the “sell off” is confirmed or not, the pattern is consistent with that kind of move.

Next Up:
Business Analysts
Developers.

Gainwell responsibilities are shifting to Abacus and that means Gainwell staff will be reduced to account for the shift is the staffing model change. There was a townhall Thursday where Pinky pretty much told us that some of us will be moving on because the current staffing model will reduce the number of people in the new Abacus model. I mean, if people don't get the clue by that then they deserve to stay and suffer.

Surprised nobody is talking about that here.

For the right price I think we should do exactly that. We need to focus efforts on turning around our core brands: Nike and Jordan. Converse is generating strategic as well as financial drag.

In another distant time it must have been quite a triumph to buy them but that era is long gone. Let’s attach our mask first.

Customer Service skills that have moved back to FT are FAST (top producing financial professionals), WT or Wealth Transfers (non-retirement transfers such as death, registration changes, etc.) and next week VIP SH services. The contract with FIS requires that FAST and VIP be serviced by US staff. When VIP moves over, there is no more contractural requirement to keep remaining US staff on board. There are highly tenured FT Legacy US staff remaining whose applications to return to FT keep getting rejected. Why? FIS will retain the Retirements and Shareholder skills until the end of tax season. Tenured staff with those skills are needed to maintain service levels. Why else would staff with years of experience be repeatedly rejected from returning to the same roles at FT? This is the anxiety being felt among those staff members. FIS will no longer be servicing FT after May 2026. The remaining staff is highly demoralized. Teams have been consolidated into unmanageable groups. It seems likely that the final layoffs will be announced in March. It's a terrible way to treat people who were not responsible for any of the choices that led them here. One last important point, those rehired at FT are doing so with a pay cut. That's right. you can perform the skilled role at FT that you are performing now for less money. The benefits are better and the 401k match is higher (85%) but the salaries offered are lower. Make that make sense.

Apparently, things aren't all bubble gum an unicorns at Dell.

Dell faces margin pressure as surging DRAM prices and constrained supply inflate production costs for both server and consumer segments.

DELL's ISG and CSG margins are declining, with consolidated gross margin dropping over nine months.

Despite the robust AI server backlog and raised FY26 revenue guidance, we do not expect quick margin recovery.

DELL trades at a small premium to its 5-year average but remains at a 40% industry discount on key multiples.

I mean something useful and at least somewhat credible. We all know major layoffs are coming, so it would be great to have a heads-up. And let’s be kind to each other, losing our jobs would be tough. The job market out there isn’t exactly cheerful or full of options.

LRs are coming to US Commercial in the 2H. Area, Operation and Region consolidation will impact ODs, SSEM, RMs and SEMs.

https://www.sdxcentral.com/news/cisco-sells-4-silicon-valley-buildings-for-63m/

Looking into 2026, there is alot of chatter around yet another sales reorganization, one that is more aggressive and drastic than any we have seen in prior years. Look back at the investments that have been made in both New Brunswick inside sales in addition to the Texas based inside sales offices - neither are by accident.
I've heard a few different "values", but what's consistent is the message that more customer relationships will be moving to both the Canada and Texas inside teams, with only customers billing in excess of $75,000 annually ($6,000 monthly) staying in the field.
I don't have specific insight into what this means regarding manpower , but common sense would quickly say that there is a large reduction coming into the sales organization - reps, managers, and specialists.

Is anyone else hearing anything more on this topic?

Hi gang - question for those who may know or who may have heard anything…. What are the impacts looking like for internal US base call centers? I have heard they want to close or consolidate OFFSHORE/GLOBAL CENTERS, but have not heard anything here about the centers here in the US?

What roles may be impacted? Senior manager? Director? Team manager? Coaches? Would love to hear some credible responses.

Pfizer is implementing significant layoffs in Switzerland as part of its global cost-cutting initiative. The pharmaceutical giant plans to reduce its Swiss workforce from approximately 300 to 70 staffers by the end of the year. This consolidation will result in about 230 job cuts, affecting 100s of employees. The company stated the moves are to streamline and realign resources, reduce complexity, and optimize work. These actions align with Pfizer's broader goal of realigning R&D, reducing administrative expenses, and optimizing manufacturing operations.

• https://www.fiercepharma.com/pharma/pfizers-cost-cutting-drive-reaches-switzerland-where-company-plans-lay-hundreds-year-end

It wouldn’t be surprising. Someone mentioned another 300 shutting down next year, and I wouldn’t be shocked if the final number ends up even higher. What’s really stopping them from shutting everything down and switching fully to the non-corp model? Either way, the uncertainty and anxiety just keep dragging on.

I have not heard anything, just rumors. Does anyone have any info on how the landscape of S&T will change? Will DPA finally be eliminated for good? Dave’s org to be shrunken? D&AI???

I received my final paycheck but my remaining PTO wasn't included. Anyone know if that comes separately?

So how many value people are left? Now that corp stores are moving indirect, why not move 100% indirect? Save $$$

There is a rumor that all of operations will be cut in half next year. Anyone hear anything solid?

From my understanding, the following clinics have been affected:

• Euclid,
• Stanton,
• Cypress,
• Cerritos,
• Seal Beach,
• Tustin,
• Foothill Ranch,
• Laguna Hills - Moulton
• San Juan Capistrano.

After Simon’s takeover ofTaubman, more than 100 positions have been eliminated in Detroit. The layoffs are due to permanent closure + consolidation of mall operations. Not sure about the total number of people that are being cut

Word on the street is Georgia Alabama will be consolidated with the Florida market with Florida leadership running the show. Is there any truth to this? I wonder who got eliminated in Alpharetta or who will get eliminated in the next layoff?

Verizon Connect laid off parts of the org today. If you are with Verizon Connect in any of the locations, chime in.