#layoff

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RSU question post-layoff

Got laid off a few weeks back and have some questions on the RSUs. If stock continues to drop, should I cash these out now versus waiting until the end of my severance to get the full paycheck? I’m worried what I have in here will tank by the time I get paid out, but this is also the first company I’ve had RSUs with so it’s still confusing to me


Do you know what my favorite memory of this place is?

Losing both my direct and skip level managers in a single layoff round I survived. Both were complete a--holes, so to say that was one of the best days of my life would be an understatement. Yes, there was a lot of confusion and issues until everything settled down, but it was worth it.


Layoff

22 home triage nurses fired today. Still no update on when or what is happening with Optum Rhinebeck. Supervisors get very angry when asked about it, and don't understand why people are looking elsewhere. How long are they going to string us along.


Wonder Restaurant Company Cuts Over 500 Jobs

The food delivery and takeout company Wonder is laying off 533 employees. These job cuts are scheduled to be completed by January 8th. This announcement comes as the company recently finalized a significant partnership with DoorDash. Wonder aims to expand its presence on college campuses through this collaboration. The company describes itself as a food technology platform utilizing robotics to enhance food accessibility.

New Jersey

https://patch.com/new-jersey/across-nj/restaurant-company-cutting-500-jobs-layoffs-surge-nj


Truist Exits Auto Loans, Triggers Layoffs

Truist Financial Corporation is selling its near-prime auto loan portfolio for $5.5 billion. This strategic shift involves exiting the auto loan business. As a result, its subsidiary Regional Acceptance Corporation is closing an Arlington office. Over 200 full-time employees will be laid off from this location. The affected workers will begin losing their jobs in late November.

Arlington, Texas

https://www.dallasnews.com/business/jobs/article/truist-auto-loan-exit-triggers-205-arlington-22434850.php


Aramark Cuts 69 Jobs After Boeing Contract Loss

Aramark will lay off 69 employees due to losing a food service contract with Boeing. The company learned it would not be retained for services at Boeing sites beyond November 16, 2026. This will result in the permanent termination of employment for these workers. The affected positions include management, administrative support, cooks, chefs, and supervisors. Aramark stated that many of these employees may find new employment with the incoming food service provider.

St. Louis, Missouri

https://fox2now.com/news/missouri/boeing-parts-ways-with-food-service-provider-aramark-69-layoffs-planned/


Toledo Chemical Plant to Shut Down

A Toledo chemical manufacturing plant will close its doors permanently. Over fifty employees will lose their jobs as a result. Layoffs are scheduled to start in early November. The closure process is expected to extend into the summer of 2027. This marks a significant job loss for the local workforce.

Toledo, OH

https://www.13abc.com/2026/09/16/layoffs-looming-toledo-chemical-facility-set-close-good/


Oracle Slashes Washington Workforce

Oracle has announced plans to lay off 359 employees in Washington state. These job cuts are scheduled to begin on November 13. This follows a previous announcement of 475 layoffs in the Seattle area back in June. The technology sector in Seattle and Western Washington has experienced significant workforce reductions recently. Microsoft also announced substantial layoffs earlier this year.

Seattle, Washington

https://www.king5.com/article/money/business/oracle-layoff-359-washington-workers-834-total-2026/281-0f030ec0-0062-4fba-9482-aba6be479a66


I've already made my backup plan

I used to worry about losing this job all the time, but I've gradually stopped letting that control me. I've kept my resume current, built up skills outside my normal responsibilities and made sure I have options. These days I'm not trying to climb the ladder here anymore, I gave up on that. But if a layoff happens, I'll deal with it and move forward.


Truist to sell $5.5 billion of auto loans

h t t p s : / / wmbdradio dot com /2026 /09/15/ truist-financial-to-sell-5-5-billion-of-auto-loans-amid-overhaul

"Struck a deal to sell $5.5 billion of auto loans.. exit less profitable, non-core businesses"

Where will it invest more? How does these impact employees? We saw few waves layoffs in July and Aug. Will be a surprise if that's the last this year. But the question is ...where?
Reorg may be? As that has been the favourite "strategy" for past 4 years.


Healthcare Sector Faces Significant Workforce Reductions

Several major healthcare organizations have announced substantial layoffs and role eliminations in response to financial pressures. Dartmouth Health is cutting 124 positions and closing 303 open roles, while University of Vermont Health is restructuring and eliminating 199 positions. Tenet Healthcare's Conifer Solutions will lay off over 1,000 employees due to a contract breakup. Trinity Health is also reducing its workforce by 557 employees due to IT outsourcing. These widespread cuts reflect the challenging economic climate impacting the healthcare industry.

https://www.fiercehealthcare.com/finance/fierce-healthcare-layoff-tracker-2026-job-cuts-eliminations-health-systems-hospitals


Care Coordinators for Home & Community Care

How are y’all doing? What’s the overall morale in your market? My manager said to not worry, I’m not sure I am trusting that.

On the bright side, I am kind of looking forward to getting laid-off. Yes, weird thing to say but I’m taking that as a sign that it would be time to move forward.


Layoffs today 9/16/2026

It's fuzzy... It looks like this is a bigger layoff hit that's being coordinated across multiple locations and groups.... NYC, Tampa & Florence, KY... tech, COO- teams, fixed-income/trading... no clear headcount... unsure on other groups too. it's fuzzy and awkward but it seems to be fairly big?


Real Honest and Blunt Questions about Anderon, the quantum wafer foundry

So the Anderon split from ibm has been announced for October 1st and new announcements and employee contracts are coming out.

Setting aside the painfully obvious point that this is a "quantum wafer foundry" with no real foundry that it owns or controls outright and that the Albany site itself can barely classify as a fully operational fab.

We need to ask ourselves honestly why?

  • Why is IBM really splitting off 70-100 people to form this new company?
  • Why create Anderon at all in the first place?
  • Why not just keep it all internal to IBM?

The publicity stated comments and justification - that this is a way to attract customers who wouldn't work directly with IBM - doesn't hold up. Those same customers know Anderon is strongly affiliated, owned and controlled by IBM, so the same logic of avoid working with IBM would apply to Anderon as well.
Why would a competitor hand over its most sensitive fabrication data to an IBM-affiliated company when IBM is competing against them directly?

Flip it around: why would IBM let its competitive-advantage IP flow into Anderon, where it could end up supporting competitors' builds? Anderon is taking a capability that gives IBM an edge and potentially turning it into shared infrastructure. So basically the publicly stated purpose for creating Anderon is a bold face lie.

Is this really just cost savings. Getting 70-100 employees off IBM's books and payroll? As one past comment put it: "it's just a layoff with extra steps."

Call it a spinoff, a joint venture, or a strategic carve out - it still smells exactly like a layoff wearing a lab coat.

This isn't a spinoff, it's a witness protection program for headcount. It’s a glorified layoff from ibm hidden and tucked in in a way ibm doesn’t have to classify it as such

IBM didn't build a competitor. It built an alibi.

Somewhere a strategy consultant got paid seven figures to rename 'layoff' as 'ecosystem expansion.

Bottom line: the publicly stated rationale doesn't add up to a coherent business case.

IBM’s public statements regarding this are just simply ridiculous. Do they actually believe their own words coming out of their mouths. Those saying it should be remembered and held accountable for rest of their careers.

Our leaders are using their usual flimsy internal justifications publicly to explain this. And it appears many who are not indoctrinated in the Albany culture are seeing right through the thin veil and rolling holes into it.

Make it make sense!


Another 100 cuts

Uber is set to lay off more than 100 employees in Santa Clara County, according to filings tracked by the state. It comes as the rideshare service announced earlier in September that it’d be slashing the size of its team by 10% to streamline its operations.

https://www.usatoday.com/story/news/state/california/2026/09/15/uber-layoffs-california-2026-edd/91783463007/