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Greystone Logistics has laid off 85 employees at its Bettendorf manufacturing plant, according to the Iowa Workforce Development Office.
The layoffs took place on Wednesday, Oct. 29.
https://www.wqad.com/article/news/local/85-employees-laid-off-greystone-logistics-bettendorf-plant-state-officials-say/526-a4558248-039a-48e2-9244-39cefb6abef8
To pay me severance????
A few comments on earlier posts mentioned that some of you spoke to the Works Council and the news is that P25 layoffs are delayed till Christmas. Can you share more?
It would be devastating for many if they find out at Christmas that they’re out of a job.
The severance policy is you are eligible for severance after 1 year of service completed. The formula is the greater of 12 weeks OR 1 week for each year of service + 4 weeks with a maximum of 26 weeks. So basically if you have between 1 and 8 years of service you get 12 weeks then add 1 week for each additional year. This is for Directors and below. VP's get 26 weeks, SVP's get 39 weeks (I believe) both after 1 year of service. But the majority of folks impacted are Directors and below I would think. This policy hasn't changed in the past decade maybe been in place longer.
Not my post though, see the original: @10vp+1jp883evs
Has anyone heard any rumor or gist from leadership or a manager regarding if there will be any layoffs planned for 2026?
I’ve been here a few years now and while it has not always been great working at this place, I have grown close to my coworkers. Tomorrow is going to be an awful day. They seem to be okay with it as we have known a long time this was going to happen sooner or later. It seems cathartic for them that it’s finally over after constantly waiting for each layoff over the last 2 years to finally be over to see if they were sticking around longer.
Myself and a few other contractors are what’s left of our department. Our fate is tbd and all we know is we have a month before we “wrap” or get extended. It’s been awful every year since the first big layoff watching coworkers from other teams go but it finally hitting home has left me numb.
I came here with aspirations and goals. This place used to be my childhood. I would sit on my basement floor watching hours of tv wanting to just grow up so I could go see blink 182 play a concert during spring break at Daytona beach. When I got here I had no clue the nightmare I was walking into.
I was told people here were petty, played favorites, and it was very political here as well as cheap. Every single one of those warnings were true… for some people here. But my coworkers, they cared they were understanding they were on my level of wanting to make this a better place but knew it was impossible due to our terrible leadership. They always had my back through some rough times and would always help when needed.
We are just numbers on paper to rich people getting richer by the day. Loyalty means nothing here and while I want to continue working to collect a check, it feels like I am just being held back while everyone else moves on because who knows how much worse it’s going to get.
Every goodbye email I get is surreal and I feel more and more hopeless about my chances of staying on. This place is full of bad vibes and even worse management. I know I should be grateful I kept my job or whatever it currently is but the cement ceiling above my head feels like it’s been pushed down even further.
I feel like I’m in a state of shock doom scrolling not paying any attention to the world around me right now because I can’t comprehend how on Monday when I sign on, my coworkers won’t be here to talk to.
Obviously we will keep in touch but it felt like eventually things would change for the better here maybe certain people would be pushed out making room for actual positive growth but no not this time.
This is my 7th layoff in 2 years. I watched many many good people lose their jobs since the first one. Many great creative people who kept this place alive with hope while cable was dying around us. Departments around me disappearing while some of the worst people moving up into positions of power. It was never fair.
Anyways I’m going to just hope for the best as usual. I’m so sorry to anyone who lost their job from this layoff and I’m sorry to the rest of us who have no clue what’s going to happen next.
Keep your heads up.
Pre holidays RIF is coming fasten your seatbelts
I assume the restricted stock bonus is gonna go away once you’re laid off. Is this true?
14 people that are WiFi Internet sells door kn-----s in California got laid off today out of 31 people
It’s starting. Layoffs until Thanksgiving.
I was told I have to work through the whole month of November to receive severance. This place sux! Totally blindsided. Wish us all good luck!
All of Imaging gone in San Antonio and specialists.
If you were let go yesterday so you get your 401k match or bonus? I almost think they did it yesterday so they don't have to pay those 2 out. Thoughts?
Several CL delivery resources were displaced today - Senior Project Mgr & Lead Project Mgr. All in Hub locations.
You can be sure this process has already started as Sycamore does not care where sales and profit are, they will cut more to improve their end of the year bonus.
It usually starts with notifying the go forward teams. I am sure that has already happened as they like to conduct their layoffs starting the 1st week of November. Best of luck! They love to mix up teams and leave customers with frustrations with new support teams. One of the only companies that restructured so many times in the past 10 years regardless of profits. Most employees have lived in fear of new changes to their role and compensation hit. Be better Staples and Sycamore.
ACPHS laid off ~7 full time staff in August 2025. It doesn't sound like many, but the college only has a little over 100 full time staff left, so it's about 5%. That's on top of not filling open positions for months.
Anyone know anything about Paramount Television Studios group under Matt Thunell? This round or next?
Ya'll need to calm tf down about it.
You can find out all the info you want via chatgpt and/or various comments on this site about it but, at most ISG, CSG and ISR's are the major people who need to start looking for new jobs. Everyone else is fine lol. Basically if you are in sales, or run apps... I'd polish up your resume because at some point, your neck will likely be on the chopping block...
CHILL TF OUT!
I mean the guy just saved Paramount and took on this immense task of building the studio back to its former glory. He has this massive weight on his shoulders being the new CEO, and now on top of it he’s forced to do lay offs? I just can’t imagine what’s going through his mind. I know layoffs are a guarantee with mergers, but still, it can’t be easy for the guy. I hope he’s doing all right and I hope we can show him some sympathy.
Unfortunately, 30k employees just lost their job today at Amazon. We don't know how many Cisco will let go next month due to AI but definitely less than 7k globally.
Whole evening shift "permanent" employees got laid off guys and I was one of them. oh well... atleast I got my severance package. Life must go on.
Anyone with knowledge know anything about how hard Pluto TV will be hit?
According to a Tweet from Dylan Byers from Puck News: CBS NEWS leadership will announce layoffs tomorrow... Nearly 100 jobs will be affected across the division, as I've long reported..
You are getting super rich just a few months doing sh-t to just manipulate the stock prices. Just let them free from hard forced labors with constant layoff threats
Salem and Barnhart are no more. I hope speedy layoffs for the rest of you. My system crashed 3 times during Balance Transfers today during my last hour of calls. Just reminding me of all the good times we had together.
it always seems like the first thing to go in a mass layoff like this.
Hard to follow with 20 threads. Someone with knowledge, how hard will streaming be hit?
It doesn’t seem like the PBM was part of it but I’m a little worried
Decatur employees were notified that the Chemical plant there is closing. Think this is about 300-400 jobs impacted. Between Cordova and Decatur there was a lot of extra capacity with PFAS going away
They firing us !!!!!
If im laid off can I take my pay out next yeat
What type of communication has been received by those who think they will be let go? I have heard from someone that they will be told details at the end of day from their manager on 10/29 and also would need to meet before business hours in person on 10/30. Leads this person to believe the will be let go…thoughts?
It’s going to be a painful holiday season for those here and officials recession coming right at beginning of 2026. They will throw you under bus soon
Will the layoffs have any affect for the annual bonuses the rest of us still in the company get next year?
Back from their meeting about reducing headcount, management will cut 10% before end of year.
Recent Layoff Announcements (from the Kobiessi Letter):
The labor market is clearly weakening.
Poll: How many will Cisco Axe?
I was scheduled to work in the office tomorrow. My entire team and I were told to work from home. Was everyone told this? Or should I take this as a bad sign.