There hasn’t been layoffs in Home Lending for quite a few years! Does anyone know if there will be this month?
Posts mentioning hashtag #layoff
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Banker claims Oracle may slash up to 30,000 jobs, sell health unit to pay for AI build-out
Banker claims Oracle may slash up to 30,000 jobs, sell health unit to pay for AI build-out
https://www.theregister.com/2026/01/29/oracle_td_cowen_note/
Why they are doing layoffs instead of eliminating H1b full time and external contractors?
Impacted employee. Easily they can eliminate H1b full timer and contract employees instead of doing this layoffs. How can they file H1b and green card when layoffs are happening ?
Mortgage with Arvest Bank while working for Walmart?
Curious about how many associates have their home loans with the bank Walmart owns and how that's going? So when you get laid off and cannot pay your home loan what do you tell your bank who is also another branch of the company you work for.
Pre-lay off notice
Any insight into how long is it between “pre lay off notice” and formal notice? Currently Not required to work, it’s classified as something like non-working administrative leave. Not required to come in-office. Still have teamworks access, just no systems access. Thx
RSUs - why in VZ stock?
I was laid off with the Dec 19 crew. I got an RSU payout on Jan 20, another one on Jan 27, and then the last one on Jan 29 (yesterday). The first two were paid out to my Fidelity Individual account in cash. The last one was paid in VZ stock though. Anyone know why the last one was in stock?
Kroger charging 10 dollars to access W-2
They're charging 10 dollars for those they laid to access their W-2's. I guess they might profit off the people they demoted to customers.
No announcement about the layoffs!!!
So usually there is a meeting by AVP or above level Mgmt announcing that they are laying off x number but this time around there is no such announcement? Also no word on the bonuses... Seems strange....
Impacted employees- have you heard from HR about severance pkg?
I received notice Wednesday morning that my position was eliminated, it is now Friday night and I have not heard from HR regarding what next steps are. Anyone else in this situation?????
Detroit-Hamtramck Assembly Center
Anyone from Detroit-Hamtramck Assembly Center here on the layoff website? let's start a thread.
Yanfeng / Closure of Romulus production facility
Almost 200 people will be laid off... work is moving to other staes
Simon & Schuster Layoffs
Simon & Schuster Implements Additional Layoffs
https://www.publishersweekly.com/pw/by-topic/industry-news/publisher-news/article/99584-more-job-cuts-at-s-s.html
Simon & Schuster announced a new round of job cuts. This follows earlier "limited" staffing changes this week. Approximately 15 employees were affected across adult and children's divisions.
High-profile editors like Eamon Dolan and Colin Harrison were among those let go. These reductions are a response to current market conditions.
Question for those formerly displaced..
If you were previously displaced, did you get your annual bonus? Or do they find a reason not to give it? I had a “meets” rating at midyear before displaced in Oct. so didn’t get an annual review due to the timing. I met the eligibility cut off because I was employed through September 30, 2025. Thank you.
I would prefer not hearing from anybody just speculating, rather people who have been displaced and can speak on experience.
RSUs for Riffed Employees
I have been carefully watching the status of RSUs due to being riffed. I have a screen shot of RSU units and estimated value at that time. The severance FAQ document Q.33 indicates that RSUs granted in 2023, 2024 and 2025 will pay out at their vested rate in 60-90 days after severance.
WARNING: What is not stated .... is that all your RSU's will be frozen at stock value as of 12/19/2025 (last day of employment). Meaning -- what is distributed (arbitrarily and in the last few weeks) is now where near the estimated vested rate per Fidelty in November or December.
For those laid off yesterday. When is your term date?
The trend has been that the actual term date is the last day of the month following notification date.
Are they paying you through February, or was 1/29 the notification AND termination date?
RTO??
Just read that Home Depot did a layoff and had an RTO of 5 days a week.......do we think Fiddelke will announce an RTO? I could see it happening as a way to continue eliminating roles rather than doing mass layoffs????
Time for a little dose of encouragement :)
I've over doubled my net worth in the past year while working at Xerox.
I'm not here to boast. I'm simply here to say that, despite job instability, you can set goals, improve your life, and grow your finances.
My salary is modest.
Attitude + Aptitude largely sets our Altitude. Toss in Focus and Perseverance and you have the formula for surviving a layoff and prospering well beyond it.
If I can do it on my salary, anyone can. What Steve does or doesn't do doesn't affect me anymore - and, frankly, I couldn't care less. I took from him his power to hurt me.
Anyway, I pray that everyone here has an awesome year. Let's nail our 2026 goals while Xerox sinks.
Merchant network layoffs and restructure
Grubhub, now a part of Wonder, laid off at least 10 people from Merchant Network (or whatever it's called now). Many laid off employees had been there 10+ years. I don't think GH will last another two years at the rate Wonder is gutting it of long-term employees.
2026 layoffs are doubtful
I doubt there will be any major layoffs in 2026. They want to look good with the old CEO is leaving and the new joining. There are still remote employees around that did not let go. Some they did, wonder their justification?
When I got my invite
It was on a Friday afternoon for Monday.
I had been quiet quitting for a 2 years already so welcomed the payout.
Only gripe I had is it was scheduled for 8am.
I remember pinging my manager "really? we have to do this at 8am???"
no response of course.
Anyways, I am in a much better place now. My only regret was staying as long as I did at Dell (4years). I consider it a stain on my resume.
Laid off employees bonus eligible?
Does anyone know if for those of us that were impacted yesterday if we can still receive a performance bonus for 2025?
Anyone let go in december get severence offer yet?
Was let go in early December, told I would get an offer the start of January but after calling HR I was told I was still an employee for Jan and would get the offer mid to late Jan but have still not received any email from them and doubt Ill be getting one tomorrow..Anyone in a similar boat get any new info? Thanks.
Field Sales Layoff Summer 2026?
Saw a recent post on Pepsi reddit where a Territory Manager calls out field sales merger likely happening by this summer which is part of the reason for Company Car removal for all field sales. Anyone hearing similar? Should Field Sales expect things to shift that quickly...
How to manage Severance
I am getting 22 weeks of severance and I don’t want to lose it. However I may have the ability to come back and am in interviews next week. My last day is 2-6-26. If I ask this new division to wait until the 7 days after I sign my severance to offer me the job, can I keep the severance? I need to work but don’t want to lose the money.
Any tips on asking to get laid off?
For those who asked to be laid off and got the severance package, can you share how to ask (even though it’s not allowed) and how long it took? Can anyone weigh in on the chances of this happening? Thanks.
Sorry for all the people who were laid off and didn’t want it but hope you’ll find another job which will probably pay better.
Layoffs are coming at Brevard Schools
Layoffs are expected at Brevard Public Schools ahead of the 2026–2027 school year. According to a Jan. 28 letter from Superintendent Mark Rendell, the district plans to cut each department by 7% due to ongoing declines in student enrollment.
https://www.floridatoday.com/story/news/education/2026/01/30/layoffs-headed-for-brevard-schools-due-to-declining-student-enrollment/88413269007/
I wish we knew what they are planning
Everyone around me is on edge with all the layoff rumors.
Got the news today. Now I can't sleep.
I was completely blindsided. There was never any indication I'd be considered for layoffs. High performer, never had an issue. Over eight years of a great record. For future reference - nobody, and I mean nobody, is ever safe.
Is STIP still happening? (for laid off employees)
If you were laid off you are able to get stip as part of your severance. Is this still happening? Seems like they’re cutting back on everything financially
What is the Battle Damage Assessment (BDA)?
For those who were laid off, condolences. Don't sign anything without examining it carefully or, if you think appropriate, have an attorney review it. For those with long careers, please invoke the Rule of 70 when discussing your severance. It has to do with compensating tenured employees close to retirement age. Whether they honor it or not, it will give them something to consider if it keeps coming up. Be kind to yourselves. When reviewing your resume, make sure that it is in an ATS friendly format, this will make sure that any AI tools being used to filter resumes will see it and forward it for review. Apply for unemployment too. Remember, none of this was your fault. It will continue to happen to those still left on the field. It ain't over.
Layoffs before new CEO
I would expect major layoffs before the new dude starts in April
He won't want to be the bad cop straight away so it will be done before then
Income layoffs! Take cover!!
I repeat take cover!!
Is this definitely how the next round will go down?
Tech will have layoffs in Feb and across Citi in March
OP: @c7+1kg3fma25
2 Firestone plants in Gaston County laying off dozens of workers
The notice stated that permanent layoffs are scheduled to take effect on Friday, March 27, and Tuesday, April 28, at the company’s facilities on Firestone Lane in Kings Mountain and South Dalton Street in Gastonia.
https://www.wbtv.com/2026/01/28/2-firestone-plants-gaston-county-laying-off-dozens-workers/
It boggles the mind that executives still think layoffs can save the day
That era has passed. Only leaders with exceptional skills and a high degree of adaptability can save companies and make them prosper now. I'm afraid we don't have that kind of leadership at our disposal.
I've grown not to care about the layoff rumors
It’s not that they're always wrong. It's that I've become so exhausted by the constant stress, uncertainty, and pressure that I've gone numb. If my job is gone, I'll just deal with it somehow - bad job market, rising costs and all. I just can't deal with this cr-p anymore.
Layoff mastermind
So where did the across the board layoff mandate come from? Was it from Juan? Is the company's financials on a nose dive? If it's company restructuring, who's the visionary of all these? If it's org restructure, why is it that most teams remain as they are but the head count is reduced?
More MercyOne layoffs announced in Iowa
MercyOne Medical Center in Des Moines will lay off 67 workers, effective March 17.
That’s according to a new listing on Iowa WARN.
https://www.kcrg.com/2026/01/29/more-mercyone-layoffs-announced-iowa/