#cuts

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Record profits and we still all fear HC10 cuts

Highest profits, and we still have to fear HC10 compensation and job cuts. Isn't that sad? The recent quarter saw highest revenue in years, and it means nothing for us. We have had nonstop cuts and we still have to worry about cuts on a daily basis. Whatever happens, we never come out on top as peasants. Only the executives win and they never have enough and always want more from us.


Parks Canada Job Cuts Spark Union Concern

Parks Canada is planning to eliminate the equivalent of 500 full-time positions due to a significant budget reduction. The agency confirmed this workforce adjustment will occur over the next three years. Nearly 3,000 employees have been notified that their jobs are at risk. A union representative expressed disappointment, highlighting the impact on staff morale and park services. These reductions are a direct consequence of a $145 million federal funding cut.

Edmonton

https://www.cbc.ca/news/canada/edmonton/parks-canada-layoffs-jobs-9.7392697


Mass General Brigham Cuts Staff and Home Hospital Program

Massachusetts' largest healthcare provider, Mass General Brigham, is implementing another round of layoffs and significantly reducing its Home Hospital program. The cuts began last week, impacting various departments, including pediatricians at Mass Eye and Ear. The health system cited the need for long-term financial sustainability and improved care coordination as reasons for these difficult decisions. The Home Hospital program, once the nation's largest, will be scaled back to serve a maximum of 30 patients, down from approximately 70. These changes are occurring amidst rising labor and pharmaceutical costs and stagnant reimbursement rates.

https://www.cbsnews.com/boston/news/mass-general-brigham-layoffs-home-hospital/


Execs: the company is only literally clearing ~$1B/month in profit. Time for a pay cut?

Since ConocoPhillips is struggling quite a bit these days, I figure the executives should take some pay cuts this year to help the company out. They’re only pulling in roughly a billion bucks in net profit each month, after all. Practically minimum wage for that crowd. Why not let the company hang on to a bit more of that money, eh? The executives can take one for the team and bump profits even higher by trimming their own salaries instead of just cutting jobs in the States and up here in Canada. It’d also let them show the shareholders just how committed they are. It's their time to shine and show their S|P|I|R|I|T


How are they cutting so many roles so early?

The split hasn't even hit yet and I personally know 8 people that have lost their jobs. They haven't even done the first "wave" off mass cuts that are planned before new year but they are cutting at staggering numbers already. Nothing makes sense. And they said there's going to be second major wave around March before summer. Its already a massive wave and theyre acting like nothings happening.


Automattic Reduces Workforce Across Key Divisions

Automattic has initiated layoffs impacting its communications, social media, WordPress.com, and VIP enterprise business units. These cuts follow a period of significant leadership changes and internal disputes within the company. Further reductions are anticipated in the coming months as the company navigates financial considerations. The exact number of employees affected by these layoffs has not been disclosed. This restructuring occurs amidst broader organizational uncertainty.

https://www.peoplematters.in/news/strategic-hr/automattic-layoffs-hit-four-teams-as-wordpresscom-parent-braces-for-more-cuts-52877


The LEADERSHIP is full of short term renter mentalities

These layoffs are being done in such a ridiculous manner, prior corporate leaders who have never run a business or have the ever been an operational leader are making cuts based on McKinsey team who is mostly 20-30 year olds benchmarking. Cuts are being made with little knowledge or care on how they will impact customers, employees or our processes and systems. This is going to be a disaster. The LEADERSHIP is full of short term renter mentalities vs owners at this point.


Washington Hospitals Face Billions in Losses

Washington hospitals are bracing for a significant financial blow, with projections indicating nearly $6 billion in lost revenue through 2033 due to upcoming Medicaid cuts. These reductions in federal funding will impact all patients, potentially leading to longer emergency room wait times and increased insurance premiums. Rural hospitals are expected to be disproportionately affected, with some considering layoffs and clinic closures. The cuts are also anticipated to cause approximately 200,000 Washingtonians to lose their health coverage by the end of next year. This situation highlights the critical role of Medicaid in providing essential healthcare access and maintaining the financial stability of healthcare facilities.

Seattle, Washington

https://washingtonstatestandard.com/2026/10/20/wa-hospitals-anticipate-losing-billions-in-revenue-from-medicaid-cuts/


More Benefit Cuts on the Horizon

Employees should be aware of additional benefit reductions reportedly expected to be announced soon. These changes include the elimination of unlimited PTO for employees below Grade 13, a reduction in maternity leave, the elimination of paternity leave, and continued lack of bonus opportunities.

While employees are being asked to accept fewer benefits and reduced compensation opportunities, executive leadership continues to receive substantial compensation packages.

It’s becoming increasingly difficult to reconcile the company’s messaging around valuing employees with decisions that consistently reduce the benefits and financial security of its workforce. The disparity between how employees and senior leadership are treated speaks volumes about the organization’s priorities.


How much longer can this go on?

Cigna is operating in survival mode. There's so much concern about cuts and cost control that it's hard to see what the plan is beyond making the company smaller. Employees need more than another promise that things will improve. We need a reason to believe there's a real path forward or all of us are leave on our own.


eDelivery Incompetence

Oracle’s eDelivery portal is wide open—anyone can just download any on-prem software they want, no customer account required. We’re basically giving the stuff away for free while the company bleeds millions. Management doesn’t lift a finger to fix it. Then they turn around and cut our jobs. Peak incompetence.


What's Real & What's Rumor?

I am trying to figure out what’s real and what’s rumor/hype/trolling. Here are my two cents on this. If you read this, you will still be confused but I did give it a shot – here it goes:
What people are “REPORTING”:

  • Some folks are reporting that Talent/HR has a 12/31 end date – I doubt this for a number of reasons (the primary reason is that they are ‘never’ done with layoffs – we are in a permanent layoff state – the only thing that changes are periods of them planning layoffs and not actively cutting)
  • Some are reporting about people that they know, this includes cuts of employees in Learning & Dev.
  • Rumors that mgrs, dirs, and ICs are affected.
  • Rumors that 100s are affected, I doubt it though.
  • The claim that 100s were affected is iffy and thin…
  • Several people say they have seen Comcast employees announce job losses on LinkedIn, including in this discussion. I have not verified those LinkedIn posts.
    What’s “DISPUTED” – a disputed statement is not an incorrect statement though:
  • Total cut #s: Some are claiming everything from 15%, some 30%. Some are saying 20K. Claims are competing and nobody knows or can prove.
  • Dates: Some predict comms after the 10/22 earnings call – some think it’ll be staggered by job level. If this is true, how come that some are repoting that they have been notified. It’s messy and confusing.
  • 12/31 departures: some mention that date, don’t know what that means if we already have people saying they’ve been cut
  • Badge access: Some report changed expiration dates. OK. But others point to a possible system issue… Which is it??? That discussion is super confusing.
  • Why Cuts???: We are all over the place trying to figure this out – mgmt. restructuring, offshoring, and other things... All are interpretations, not confirmed reasons for individual cuts. We are still guessing
    Soooo, if you’ve received notice yourself, share w/us when you were notified… your org/team/level. If you have it, share the stated last day? Please don’t use names as I don’t want this post taken down or me getting blocked. Corrections to anything above are welcome.

Does anyone take accountability at this company?

The chaos was understandable directly after the spinoff but what’s the excuse now? Processes change constantly, they’re inconsistent and inefficient. God forbid you bring it up to management, they just gaslight you into everything being your fault. There’s no curiosity to understand the issue much less resolve it. Customers are leaving our platform due to frustrating support experiences. Partners are frustrated working with us because of our ridiculous quoting process. Every tiny ask is met with resistance. Not to mention, I haven’t had any cost of living increases, no merit increases, nothing. They routinely reduce our 401k match.

Omnissa is lucky the job market is awful right now otherwise half this company would be gone.


School Board Delays Teacher Cut Vote

St. Paul Public Schools will postpone a vote on staff reductions. The district faces a $5 million revenue loss due to a significant drop in English language learner enrollment. This decline is linked to Operation Metro Surge. The proposed cuts include 16 EL teacher positions. Community members rallied against these midyear layoffs.

St. Paul, Minnesota

https://kstp.com/inside-your-schools/st-paul-schools-may-cut-16-teachers-after-enrollment-drop/


Qualcomm Layoffs 2026: What’s Confirmed vs. What’s Rumored

Following the email from Cristiano, here are some things that I know and that I heard/read so far:

What's confirmed:

  • Amon's layoff email.
  • Confirmed cuts with some of my friends (and posts here0
  • The exact % of ppl being laid off has not been confirmed publicly.

Rumors circulating:

  • 7–9% layoffs across BUs and locations.
  • Performance-based cuts - some are suggesting this I doubt it
  • Org-dependent impact - % cut will vary by org - this is highly possible IMO, it'd follow the pattern from before.
  • Timeline - rumors is that we have 1mo+ before more details become clear.
  • New hires - People joining in Nov are puzzled - a number of roles in Automotive are starting in Nov - talked to a friend

Why cuts??? All speculative but come to mind

  • Weak smartphone demand
  • Rising memory prices
  • Increasing competition from AAPL/Samsung
  • Pricing power issues

Chime in if u have something to add, feel free to challenge any of these, I am puzzled and many of these may be inaccurate (aside from that top section)