#cuts

I’ve heard 10% cut across the board on this site. Is that true or will some departments get hit more than others?

Six Ohio companies filed WARN notices in October 2026, signaling impending job losses and facility closures. A Morton Salt mine near Cleveland experienced layoffs for over 70 employees due to water intrusion. These combined actions will impact more than 420 workers across the state. Other affected businesses include Packaging Corporation of America, Pixelle Specialty Solutions, Markdom Plastics USA Inc, and The Blade newspaper. These notices provide advance warning for significant workforce reductions.

Painesville, Ohio

https://www.cincinnati.com/story/news/2026/11/03/ohio-warn-notices-layoffs-closures-october-jobs-workers-employment/92563510007/

In case you missed it. I'm just not sure if it's just the folks that were out last week or if it's still not over.

Seems like everything is hush-hush on the retail side of things. Are they planning on cutting reps and ASMs in-store?

WTF? My stash just got cut in half.

Wells Fargo announced its largest layoff in at least five years at its Jordan Creek campus in West Des Moines — 86 employees, out the door Dec. 26.

The WARN notice, posted Tuesday Oct. 27, is the bank's 16th round of cuts since February. It brings the 2026 Iowa total to 460 — and the Des Moines metro total to 1,975 jobs cut across 113 rounds since April 2022.

For context: headcount has now fallen every quarter for six years, down 30% from its Q2 2020 peak. In Q3 alone, the bank shed 3,097 employees, ending September at 194,369 — while posting $6.0 billion in net income, EPS up 13%.

CEO Scharf has said AI will keep bringing headcount down. The bank didn't say which divisions the 86 are in, or whether any will be retained elsewhere.

Source: Des Moines Register, Oct 29, 2026; Iowa WARN

6-7% now, another 7% in small multiples until March/April.

I am not that sure. I wouldn't be surprised another group gets laid off two weeks from now.

One board member has ties to M&Co.
Five executives have ties to Wp.
At least One executive has ties to M&Co.

I cannot stand some of these executives. The smirks on their ugly selfless faces make me sick.

This is the most pathetic executive team of Gp’s existence and this is how they want to treat their employees. It would NOT surprise me for them to just let people know on Christmas Day they are out of a job or sign with Infosys.

Yeah think about that Cameron.

Jeff Sloan
Paul Garcia

They had at least a conscience. The current cast of characters I don’t know wtf they are on.

Layoff 120000 corporate employees. Then you will get super positive free cashflow.

SBG to cut all US contractors!

I know of two people who were let go in the last couple of weeks. Both received severance. This is the first time I've heard of people being let go with severance outside of regular layoffs. Is this something that happens often?

Somebody who just joined a few months ago?

Until the next round, of course. But the rest of this week should be safe.

A few folks I know or work distantly with have suddenly left in the last week or two, definitely not by choice. Are people getting quietly laid off or put on PIPs that set them up to fail? Do we no longer do the big earnings LRs?

In late October 2026, RV cashed in 50,000 shares of common stock for a cool $7.4 million, while a few months earlier in August DM sliced off 26% of his holdings to pocket $4.9 million. Meanwhile, back on planet Earth, our budget for employee retention, wage increases, or localized team expansions has been strictly set to absolutely zero. What does this reveal about the true fracturing of our internal health?

The Canada Revenue Agency is implementing workforce adjustments that will result in approximately 260 employee layoffs. These reductions will affect both executive and non-executive positions across various regional offices. While 735 employees were initially notified of potential job risks, 110 have been guaranteed continued employment. The agency cites organizational changes and the federal government's spending review as reasons for these decisions. Union representatives express concern that these cuts will negatively impact service delivery to Canadians.

Ottawa, Ontario

https://ottawacitizen.com/public-service/new-round-of-canada-revenue-agency-layoffs-targeting-260-employees

The rumors about 10/27 turned out true. Anyone know if there will be more significant cuts before the end of the year?

I have it from the highest authority that more layoffs are being planned to make Q4s imaginary numbers look intentional. Iceberg dead ahead!

That’s a big drop , I am it will hurt.

Like clockwork it's October they are 'functionally eliminating' another training role. Program Owners are on the chopping block today. Forcing a large number of people to all jockey for the same limited roles they are 'replacing' it with. When you spend billions on AI you've got to make up that money somewhere. This company hasn't been the same since David Joyner ascended and started bowing to stake holders as kings

Anyone figured this out yet? How are they selecting who goes and who stays? Some associate director decisions at least at our property make no sense. Curious, share if you have more info

Managers / Directors over here collecting big pay checks. While their workforce is doing all the work. They sit in a meeting with uppers, but can’t help their own team out. Why do we even need them, when the team relies on each other and the Next level above them for help? Come on Comcast get your spy googles out and dig deeper. Some of the frontline need their jobs. While these higher paid are sitting at home or traveling with their families acting like they taking care of their teams. All the frontline is watching them do this. They have even worked their way to skew the RTO. Wish I had that type job. Some even are using Sedgwick excuses. Sad to watch the folks that are on chopping block, while these others out here learned to skirt the system.

So I guess sueing CMS on 28 criteria is a better use of money?
Maybe it's time to look closer to home.

Oracle has laid off sales and marketing employees from its Dyn division. This action follows Oracle's decision to end certain Dyn services in 2020. Sources confirmed the layoffs, though Oracle declined to comment. The company stated it balances resources to support its growing cloud business. These cuts are part of broader downsizing efforts at Oracle.

Manchester, New Hampshire

https://www.techtarget.com/news/Oracle-layoffs-hit-Dyn-teams-sales-marketing-staffs/865949/

Lot more layoffs to come before AIP is paid in February

Why were so many loyal FactSetters cut yet there was an influx of posts of new hires for the same jobs that were cut

Word downtown is that Conventional will get hit by end of Nov....too many supervisors anyway that don't add value....good luck everyone

Sad to see the design team get cuts.. Lost a manager and so far two designers

CLT based. Just got the axe. Executive Director said FCO as a whole is getting cut down. Role is completely eliminated.

Community Action Services and Food Bank has announced the closure of its Heber City food pantry in November. This decision follows a recent appeal for $100,000 to maintain operations. The organization will also lay off fifteen employees and reduce hours at its Provo location. These measures are intended to cut operating costs and preserve services for 2027. The nonprofit still needs to raise $1.5 million to continue its work next year.

Heber City, Utah

https://www.ksl.com/article/51641260/utah-county-nonprofit-to-close-heber-city-food-pantry-announces-layoffs

Ask Foods is shutting down its Palmyra, Pennsylvania facility. This closure will result in the layoff of 96 employees. The company cited a significant drop in customer demand as the primary reason for the decision. A key factor was the loss of the Wegman's salad business. The plant's final day of operation will be December 1st.

Palmyra, Pennsylvania

https://www.pennlive.com/business/2026/10/significant-decline-in-customer-demand-central-pa-plant-to-close.html

Caremark layoffs started last Friday and still ongoing. Prepare yourselves.

Looks like PayPal submitted a warn notice for 251 layoffs in California on oct 31. I believe California has stricter warn laws. So it maybe country wide

I think we should stop asking whether there will be more cuts at Citi - the question is when and how many. If MSFT is trying to remove close to 30 percent of the workforce, many others will follow...

Do we think layoffs will come by the end of October or November?
I heard there will be layoffs