#cuts

For those who keep asking "are layoffs done," the answer is always going to be no. Maybe there won't be many large rounds anymore, but small cuts are happening all the time. Just ask around. We're in the stage where layoffs are just another fact of life.

It is not about expecting a reward. I actually get a real sense of satisfaction from doing a job well, no matter where I am or who I work for. But here is the thing all of us have to accept. Do not expect loyalty back. Do not expect appreciation. Do not expect any of it to protect you. When cuts come, you will be out the door just as fast as the person who does nothing. Maybe faster. Whatever corporate culture this place supposedly had is long gone. If it ever existed at all.

Crypto exchange Kraken recently laid off approximately 150 employees. The company cited increased efficiencies from deploying artificial intelligence. These staff reductions could delay its planned US initial public offering. Kraken now reportedly aims for a public debut in 2027. Other crypto firms also cut jobs this year, often citing AI use.

https://www.tradingview.com/news/cointelegraph:b71f2d6f4094b:0-kraken-cuts-150-staff-amid-ai-efficiencies-potentially-delaying-ipo-report/

Egg Harbor Township School District eliminated 23 positions for the upcoming school year. These cuts affect teaching, administrative, and support staff roles. The district aims to close a roughly $6 million budget gap. Rising health care costs largely drove this financial shortfall. Officials confirmed no music programs are canceled, but Latin courses will end.

Egg Harbor Township, New Jersey

https://www.nj.com/education/2026/05/nj-school-district-just-cut-23-jobs-as-students-worry-about-cuts-to-their-music-classes.html

Florida public schools face widespread closures and staff reductions. Declining enrollment drives these issues across the state. Lower birthrates and high living costs contribute to student loss. State politics, including school vouchers, also impact funding. Many districts are cutting positions and closing campuses.

Florida

http://www.tallahassee.com/story/news/education/2026/05/18/florida-public-schools-face-closures-enrollment-dropoff-teacher-shortages-funding-problems/90059571007/

We know cyber got hit recently… anyone knows who’s next?

Sorry to everyone who was affected by the recent cuts.
Quick question ,how long were u given to find another role within Fidelity?

Both the last CEO and the current one are below par. They then swamp the company with poor Execs like Drum, Rusl Jokes and Grey who just re invent different plans used before.

The next layers are full of Brocklehurst who are just yes men who processes and paperwork to stop real progress.

The managers below are just tickboxes for the Brocklehurst level.

All focus remains on cost cutting and wind down which they are good at.

This has been the strategy for the last 10 years.

Until they get someone who has done growth and investment in Employees the company will not change.

Were all the teams notified of the 10% cuts?? Or are there still notifications to hit this week?

I am perplexed at the people who are touting that there is going to be a layoff on May 28 and it’s going to be massive. You all really need to stop. There’s always layoffs in departments that are under performing or where there is duplicative work being done, but there has not been a notification to leadership that there is going to be mass layoffs on May 28 so please stop scaring everyone. In the meantime – all of the miserable people that just left to stir sh-t are going to get this 85 negative marks because you’re so focused on the drama and the negativity that you don’t know what else to do then to check this website daily. Do something better with your life.

Stock is bleeding out. Will the cuts help?

We have operated under repeated rounds of cuts and layoffs for an extended period. Each round comes with no follow through and no coherent plan. The result is that the organization has finally reached a breaking point. The systems are brittle. The trust is gone. The momentum is dead. When my own probability of being cut in the near future is as high as it is, why would I buy into any pressure to go above and beyond? The rational choice is to stop pretending that hard work will save me. So that is where I am. I am done.

Why does C suite not get any punishment for tanking the stock price? All they know how to do is cut headcount and make objectively bad decisions.

We’re going to spend 2B on building this Plano Campus for no fu---n reason. Wow!! Why do we not have any money?? Guess we’ll have to make employee cuts ! We’re going to spend billions on RTO, wow, why do we not have any money? Time to cull the cattle again! We’re going to buy TWD, we’re going to give tmobile 4 billion dollars, we’re going to buy directv! Oh, I’m actually stupid?? Let’s go cut more cattle and give myself a raise for my hard work.

The layoffs in June are going to be nuclear. PoliSci Legg’s d-mb as fu-k AI push has the whole company on Microsoft’s leash, and co pilot is getting 6x more expensive starting in June. It is an abhorrent failure. He has successfully capped top performer’s usage, and given too much usage to pea brains that ask AI what the weather is today. The cost and mismanagement will be insurmountable, so layoffs of at least 10% will happen.

And all the while, the guy making 30 mil for je-king off in his office and saying “Fiber” all day is perfectly safe, somehow. The stock is down 17% in 10 years, what does he even do? Why do these guys have jobs? They contribute nothing to society but leach from the money made by employees.

Walla Walla Community College is eliminating 18 positions as part of a cost-cutting plan. This action includes 10 full-time and eight part-time or temporary roles. The college will also leave seven vacant positions unfilled and reduce hours for 11 employees. These staffing changes are expected to save over $2 million by June 30. The college faces a $4.3 million budget deficit due to funding changes and rising costs.

Walla Walla, Washington

https://www.lmtribune.com/local-news/wwcc-announces-layoffs-projected-to-save-2m-0f2c7a97

The city's proposed fiscal 2027 budget shows significant deficits. It includes 50 immediate personnel reductions across many departments. An additional 31 positions are slated for attrition. Public safety, public works, and health services departments are heavily impacted. Taxpayers may also face increases in property taxes and utility fees.

Lowell, Massachusetts

https://www.lowellsun.com/2026/05/15/major-layoffs-hit-lowells-city-hall/

For the Devon side - this one should sound familiar. “Many managers actively avoid confrontation or honest feedback because it requires emotional maturity. Rather than doing the job they are paid for, these individuals let problems fester until they become so disruptive that higher-ups mandate cuts to clear out the bloat”

~89,900 total headcount. Seems like DAN need only one person to do all the operation ( Dan - 89,900 ) = DAN so Dan single handlely will work for Verizon and will make customer focused company by being bold. 🌅🌄

Watch the Q1 update.

Here’s a punchier version:

To everyone who comes here wishing they’d get surplused — your wish just came true.
The rumors are real. Cuts are coming, and they’re happening fast.
If you hate this job, go tell your supervisor to put your name on the list. Do it for the person who actually needs this job and is about to lose it.
Stop complaining. Start acting.

The Newport School Committee voted on May 12 to lay off 17 teachers. This decision is effective on May 29. The layoffs are strictly for financial reasons. The district faces a roughly $5 million budget deficit. Many community members and two committee members opposed the cuts.

Newport,

https://www.newportthisweek.com/articles/newport-school-committee-votes-to-layoff-17-teachers/

Business Insider announced new employee cuts. Jamie Heller announced the company's staff cuts. The Insider Union reported 10 staff members were impacted. Management aims to sharpen coverage and invest in key areas. This marks the fourth staff cut for Business Insider.

https://www.thewrap.com/media-platforms/journalism/business-insider-layoffs-fourth-year-in-a-row/

Tiffin Motorhomes closed its Winfield, Alabama plant on May 12. This action resulted in 139 employee layoffs. Closure plans were announced through a notice in February. The facility ceased operations as part of a business consolidation. This consolidates production at their Red Bay campus.

Winfield, Alabama

https://www.tuscaloosanews.com/story/news/local/alabama/2026/05/15/tiffin-motorhomes-closes-alabama-plant-lays-off-139/88737076007/

Fairfax County Public Schools faces a $29 million budget deficit. Leaders proposed a plan to close this gap for the next school year. The plan avoids staff layoffs and protects core classroom programs. Cuts include reducing reserves and delaying technology upgrades. Officials warn this solution is temporary and not sustainable long-term.

https://www.wusa9.com/article/news/education/fairfax-county-public-schools-29m-in-cuts-to-avoid-layoffs/65-a4b5a70d-48b2-47b3-9f48-e5112c99daea

The WCCUSD school board approved dozens of layoffs. The district must address a $127.2 million shortfall. The board spared several popular programs from cuts after community testimony. Teachers, custodians, and administrators are among those affected. The board also cut $1.8 million in various contracts.

Richmond, California

https://richmondside.org/2026/05/14/wccusd-board-layoffs-budget-cuts/

I've been hearing whispers for weeks now, but nothing official. If anyone has any real information about whether another round is coming, please share what you know. The silence is making me nervous.

Xbox, LinkedIn, data centers... Is anything safe from cuts these days?

How long are the investors going to buy that this company is going to do better because they’re going “back to basics?”

Answer:
Forever.

Bleed 🩸 money

Any rumors of lay offs happening soon? Specifically GO or GM

Due to AI, expect up to 30% cut in Engineering.

I m hearing there was another round today .. is it true ?

Heard 10%, what are others hearing?

I've watched hardworking, competent people get lower ratings than they deserved, then get laid off as soon as possible. It's not about your value. It's about cutting costs.

Joey Gamrat owns Copper's Dog House and Grazing Table in downtown Kalamazoo. Paid parking was implemented on April 1 outside his businesses. Gamrat reports these changes have driven customers away. Consequently, he has laid off staff and reduced his menu. The City of Kalamazoo plans to offer 30 minutes of free meter parking soon.

Kalamazoo, Michigan

https://www.fox17online.com/news/local-news/kzoo-bc/kalamazoo/downtown-kalamazoo-business-owner-says-parking-changes-prompted-layoffs

Totally 3680 employees have to go, 73% are G12+, including 22 VPs, 72% LR will be done in US.

A group of friends having been cut from GBS all self selecting, and one guy told me yesterday he’s been put into a pool for CR in GIS.

Do we know what it will be? I'm a relatively new hire, so I'm not sure if that puts me at higher risk. Is it last one in, first one out or performance based or something else entirely?

VZI employees reduction and cost cutting is in peaks. A lot of work load been observed in every domain.