#downsizing

Posts mentioning hashtag #downsizing

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CarMax to cut corporate jobs in the Richmond region

CarMax is moving forward with large-scale layoffs that will hit its corporate workforce, particularly in the Richmond region. The job cuts represent a notable downsizing of the company’s corporate operations. Workers based in CarMax’s corporate offices near Richmond are bearing the brunt of these reductions as the company restructures and looks to control costs.

https://www.wtvr.com/news/local-news/carmax-layoffs-jan-14-2026


Layoffs March/ April- end of Q1

Yes there will be another round end of Q1. First round was timed perfectly before the end of the year. That being said, to balance the sheets, more cuts had to occur at the beginning of the year for faster turnaround times for revenue increasing strategies in place.

It is happening and will continue to trend the same patterns as the Q4 layoffs.

Lots of questions as to if it will be geo based like the first rounds were or if it will be more results based strategies for the target. The answer is both are being considered.

Agent companies have already been scouted for these locations. Some divestures will be March and then the rest in April.

One thing I did hear is if your location has black tile sales floors, that is is ideal for agent companies to transition (don’t ask why, I didn’t hear but it’s strategic placement)


The Biggest Casualties of Trump’s Year of Government Cuts—and What to Expect in 2026

Some parts of the government have been hit harder by mass firings and buyouts than others. The Partnership for Public Service found that just three agencies account for more than half of the total staff reductions in 2025: the Defense Department, which has lost more than 60,000 employees; the Treasury Department, which has lost more than 30,000; and the Department of Agriculture, which has lost more than 20,000.

https://time.com/7342386/trump-government-cuts-foreign-aid-health-climate-workers/


More layoffs are coming

Yes, more layoffs are coming but not before new year... all signs point to January/February time frame. Its about time they do something about our decline! They should have leaned out a while back but didn't want to pay out people's packages so instead they tried to push people out or change people's job to create a scenario that would allow them to let people go without a cause.

Bumping this for info, the OP is @10d+1kbqefsjs.


Massive layoffs in Texas in 2025

It’s been a rough year for the Texas job market. Several industries have been hit hard by mass layoffs as corporate headquarters ditched the Lone Star State for greener pastures, sometimes leaving the United States all together.

https://www.mysanantonio.com/business/article/mass-layoffs-texas-21221197.php


It's always the same play at AAP

Every time they want a quick win on the balance sheet, the first thing they reach for is another round of cuts. There is no real strategy behind it, just the same tired playbook of downsizing teams and offloading pieces of the company. The people running the place have stopped trying to build anything and are just stripping it down piece by piece to make the numbers look good for a moment.


The new and improved forever layoff model

Expect to see the recently reported forever layoff model. This is a persistent, all year method for layoffs where they happen in artisanal small batch format to prevent investors from getting alarmed.

Large companies do the showy layoff where they announce large layoffs then hire the same or greater number with h1b or offshore. Thus keeping the same headcount to keep from alarming investors.


Layoffs hit Avancez

Automotive supplier Avancez is cutting its second shift this month, resulting in the permanent layoffs of 143 workers at its Hazel Park facility. The move was detailed in a notice submitted Nov. 7 by Avancez in compliance with WARN.

https://www.candgnews.com/amp/news/layoffs-hit-automotive-supplier-avancez-9722


U.S. Xpress enacts broad layoffs amid ‘reduced truck count’

U.S. Xpress laid off employees across the company in response to lower demand for trucking, according to an internal email obtained by the Chattanooga Times Free Press.

https://www.timesfreepress.com/news/2025/dec/05/us-xpress-enacts-broad-layoffs-amid-reduced-truck/


Trapp Technology / ArmorPoint Layoffs

Trapp Technology (parent company of ArmorPoint) in Phoenix, AZ has laid off 9% of its workforce as it continues downsizing in efforts to buoy the struggling ArmorPoint line of services. Due to the continued rolling layoffs the company has discontinued its overnight support. The company has shed around 29% of its total workforce since 2024 through smaller staffing reductions.