#layoff

Niner Bikes operations have been paused. All employees were laid off today. United Wheels, its parent company, made this decision. The Fort Collins, Colorado-based brand pioneered 29-inch and gravel bikes.

Fort Collins, Colorado

https://escapecollective.com/niner-bikes-faces-layoffs-uncertain-future-after-pause/

And by that I mean the impending 10K layoffs. Do you think that people will get invitations one by one OR will they opt for mass exodus via grandiose hands on call?

I am scared shitless. I need $. No good.

Honestly though im worried.

ETIPS, legacy network infra/engineering, Cloud migration BS architects, bs data architects, Onprem legacy engineering and architecture, contact center contractors and middle management FTEs and legacy engineering teams, teams in legacy applications being off boarded with next few years are being trimmed as well. I got this info directly from an executive level resource who has no idea I lurk around here helping people. Shoot any question you have and I can find out more

Can someone explain how these layoffs actually get determined? I feel like it’s just purely cost, but based on how pointless and anti productive it has ended up being I’m not sure if they actually give it any thought. Manager has been giving us the standard BS. (Saying a lot without actually saying anything) lol.

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/

TCS has instructed managers to classify 5% of employees in the lowest performance category. This directive applies to the latest appraisal cycle. The move has generated concerns about potential new layoffs. This follows a previous retrenchment of approximately 2% of its workforce. The company had previously planned to let go of 12,200 employees in fiscal year 2026.

https://www.ndtvprofit.com/business/tcs-asks-managers-to-put-5-staff-in-band-d-stoking-fears-of-fresh-layoffs-report-11512010

The University of Oregon disregarded seniority during librarian layoffs. A neutral arbitrator ruled against the university's decision. The arbitrator found both junior and senior librarians were qualified. Contract terms required seniority to be a priority in such cases. This ruling followed layoffs impacting eight library positions in summer 2025.

Eugene, Oregon

https://dailyemerald.com/188380/news/after-fall-cuts-and-layoffs-uo-librarians-reappointed/

Meeting invites are being sent out

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

Are going to be treated as voluntary quitting. Resignation, without severance.

New rule effective July 1st.

Management perception is some employees are gaming the severance system. managers are not pushing deadwood out the door fast enough.

RTP is closing?28

I wrote this poem when I got made redundant from Verizon in November 2015. Still relevant today.

It Was my Final Day – The Bard of Verizon

It was my final day.
I looked around the office.
At all the empty desks.
I could tell.
The building was now an empty shell.

Where is everyone ?
Tom, Di-k and Harry my good friends all now gone.
I wondered if ?
Just like me they had been hit by a RIF.
I shake my head in disbelief and want to cry
That must be the reason why.

Meanwhile at Verizon HQ.
Fran Shamo's latest financial report was sadly nothing new.
We must do something radical to improve our profit margins as they are still down
He said with a frown.

The board racked their brains for hours.
And even more hours.
Until Lowell McAdam jumped to his feet he had a brainwave.
"Eureka I have the perfect plan.”
"That's why I am the top man."
“How about if..."
"We have another RIF ?"

There was whooping, smiling, laughter and high fives all round.
The company’s profits would soon rise a solution had been found.
Lowell McAdam then said "Ring The Bell for a job well done we deserve some praise."
"Let's also award ourselves a well deserved 20% pay raise."

The board couldn't care less.
If the RIF made their minions lives a mess.
The poor Verizon staff.
Unlike their leaders could neither smile or a laugh.

Once they were many now they are just too few.
Lowell McAdam's grand plan would give them all more stress and work they could do without.
That much they knew.

Their future is not going to be that bright.
All doom and gloom probably describes it just about right.
And yes they work under a cloud constantly worrying if ?
They are going to be a casualty of yet another Verizon RIF.

pls protest against layoff during this bad Ai/ML situation.
pls quit voluntarily if u r able to find opporunity outside and express solidarity with everyone who got impacted

Milestone Technologies announced layoffs for 50 contractors. The contractors supported Meta’s Eagle Mountain data center. This action follows the end of Milestone's contract. Affected roles include logistics associates and managers. Separations are scheduled to begin on June 28.

Eagle Mountain, Utah

http://www.sltrib.com/news/2026/05/17/milestone-technologies-contractors/

For those laid off on 4/30, last day 5/14 was your final check smaller than usually? I believe they don’t pay for the final day so we received 72 hours instead of 80. Is this the case for other folks as well?

Please stop doing layoff. We are only 80k employees which is very less then your competitor. Still you continue doing layoff . Not even a single employee is happy over here. Please make your existing employee happy.

Heard multiple people affected

Major layoffs every 2 years

Biggest layoffs will be announced

https://www.reddit.com/r/careeradvice/comments/1pd227s/former_hr_here_subtle_signs_your_company_is/?utm_source=share&utm_medium=ios_app&utm_name=ioscss&utm_content=2&utm_term=1

What is the max weeks they paid out? I heard conflicting info. Was it 2 weeks for each year maxed at 40 weeks?

Wellmed layoff what departments are going to be RIF in May ?

With layoffs over our heads, no jobs and managers making up stuff to pretend you are IM instead of meets I go home on Fridays with so much anger. It starts again Sunday night. You gaslight people everyday and this is what you get. Is this week the week my life gets altered through your cr-ppy layoffs? And May is mental health month. Hahahahahaha. What they are doing is literally a recipe for mental health challenges.

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.

Survived this round. There will be more rounds.

Assuming that I have about 7 years of experience, late 30s, mid 200K total comp, wife is not working, have a toddler. No debt/mortgage (renting in So Bay). Working in sales.

Is there a rule of thumb for how much should someone like me have to have saved to hedge layoff risk?

Novartis is trimming its biomedical research arm. This follows recent staff consolidation moves. A company spokesperson confirmed individual impacts to a select number of employees. This strategic decision is difficult for those affected. Novartis employed 5,720 professionals in this department at the end of 2025.

https://www.fiercebiotech.com/biotech/novartis-cuts-select-number-roles-biomedical-research-arm

Starbucks announced another round of corporate layoffs. The company will cut 300 U.S. jobs. It also plans to shutter some regional support offices. These actions are part of its ongoing turnaround strategy. The moves will result in $400 million in restructuring charges.

Seattle, Washington

https://www.cnbc.com/2026/05/15/starbucks-to-lay-off-300-us-employees-close-some-regional-offices.html

No one here knows when a lay off is going to happen. There might be 4 people maximum that know prior to VPs getting a heads up day of

everyone should reflect on their personal contributions and what theyre bringing to the table Respected efficient top contributors aren’t on here getting scared or fear mongering - so reflect on where you fall and make the case for staying

To the trolls: unless you have founded proof - stop ruining people’s days. You’re literally
Making this worse for everyone.

~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. 🌅🌄

OPTU Downgraded by Citigroup -- Price Target Lowered to $0.50
Author's Avatar
GuruFocus News
05/15/2026 09:34

I work so hard, 16 hours a day on average. Work on weekend. On call duty. Why am I being laid because of stack ranking? This is not fair!

Anyone know who is hiring these days.

Any idea if the greater Texas Wellmed case management team will be affected with the May or June RIFs? RN case manager just wondering if we are next.

I verbally heard in a bunch of meetings where Q3 2027 is when contract renewals are going to happen with US and Canadian staffing agencies and given how the CEO and the executives have been rooting for "APAC" (India) and AI. There is a huge chance that they are not going to renew their US and Canada contracts.

So is it still happening on Monday ?

Layoffs are around the corner. I am feeling so bad.

Any RIFs yesterday?

Hehehe an entire team is about to put in their notice because of the way this company is being run