#layoff

Anyone know if there are layoffs coming ?

So the way script goes is,

It has been strategically decided that your position is being eliminated with broader interest towards shift in technology and geo political landscape.

the decision does not reflect your ability to fully function as an associate and the decision is strictly driven based on parameters beyond the control of global market shift.

You will be notified separately on how your shares, 401k will be vested.

We thank you for your contribution and all the best in your journey .

Because the other one got bumped down pretty far.

Centralized space for updates as they are released this week.

Firsthand information only
Include OU and location
No political content
Maintain a respectful and constructive tone - this is stressful for all

I heard bv is exiting Chile with all employees there laid off. Is this true?

I got terminated from my job after 7 years. It wasn’t easy to accept especially knowing I was one of the top earners on my team. Last year my performance slipped, and looking back, I could feel something was off. I started to realize I was being pushed out.

But here’s the thing sometimes what feels like a setback is actually a reset.

At the start of this year, I shifted my focus fully into the stock market. I had been learning and investing for almost 6 years, but never gave it 100%. Now I am and I genuinely love it. For the first time, I feel like I’m building something for myself, not just working for someone else.

I’m also starting to move into rental properties, creating another path for income and independence. I don’t know exactly where this road will lead, but I know I’m no longer standing still.

I’m sharing this because conversations like these helped me prepare mentally. If you still have a job, stay sharp and keep growing. If you feel like something isn’t right at work, don’t ignore it prepare yourself. Build skills, save money, create options.

Don’t wait until you’re forced to move -move before that.

Sometimes you don’t realize your strength until you’re pushed into the unknown.

Good luck to everyone on their journey.

Bed Bath & Beyond Inc. finalized its acquisition of Kirkland's Inc. in April. Kirkland's Inc. was previously known as The Brand House Collective Inc. A layoff notice was recently filed with the state of Tennessee. The notice describes a permanent closure of the Brentwood office. This office had served as Kirkland's headquarters.

Brentwood, Tennessee

https://www.bizjournals.com/nashville/news/2026/05/05/bed-bath-beyond-kirkland-brand-house.html

Muhlenberg College faces job losses due to a $10 million budget deficit. The American Association of University Professors (AAUP) confirmed the impending layoffs. AAUP noted faculty typically receive a year's notice, unlike staff. Historically, staff were given hours to vacate offices and escorted off campus. The union advocates for 90 days' notice, salary, and benefits for all laid-off staff.

Allentown, Pa.

https://www.wfmz.com/news/area/lehighvalley/lehigh-county/allentown-area/muhlenberg-s-10-million-budget-deficit-could-lead-to-layoffs-faculty-union-says/article_1263fae8-73aa-4371-8332-643f42df89f9.html

Maersk will close its Lakewood facility. This closure is effective June 30. The action affects 44 workers at the Lakewood site. Five additional layoffs are planned at its Sumner location. Maersk is a Denmark-based company.

Lakewood, Washington

https://www.thenewstribune.com/news/local/article315650189.html

Henkel US Operations Corporation announced the closure of its Oak Creek facility. This action will result in 57 layoffs. The company plans to halt all operations by the end of September 2026. The facility's permanent closure is scheduled for February 2027. The initial layoffs are set to occur around June 30, 2026.

Oak Creek, Wisconsin

https://www.wearegreenbay.com/news/local-news/chemical-consumer-goods-facility-in-wisconsin-shutting-down-57-layoffs-ahead/

Coinbase is laying off 14% of its workforce. This amounts to approximately 700 workers. The company is shifting efforts toward artificial intelligence. CEO Brian Armstrong cited a volatile crypto market and cost-cutting needs. Restructuring efforts will cost $50 million to $60 million.

San Francisco, California

https://www.sfgate.com/tech/article/coinbase-layoffs-2026-sf-22242957.php

The Camden School District laid off around 100 employees recently. Students, staff, and community members strongly opposed these job cuts. District officials stated the changes are part of a restructuring effort. They aim to eliminate some positions while creating new ones. Affected staff are encouraged to apply for the upcoming roles.

Camden

https://www.nbcphiladelphia.com/news/local/we-are-down-to-the-bone-camden-layoffs-faces-backlash-from-students-staff/4397537/?amp=1

Gilead Sciences is laying off 108 employees from Arcellx's Redwood City site. This action follows Gilead's recent $7.8 billion acquisition of CAR-T biotech Arcellx. The job cuts are part of the integration process after the buyout closed. Affected employees have been notified of the decision. The layoffs are scheduled to begin at the end of June.

Redwood City, CA

https://www.fiercebiotech.com/biotech/after-arcellx-buyout-close-gilead-trims-108-jobs-car-t-biotechs-redwood-city-outpost

ThyssenKrupp will lay off 110 employees. The job reductions affect its Greer, South Carolina facility. These layoffs are planned for completion by July 5. The S.C. Department of Employment and Workforce reported the cuts. ThyssenKrupp operates as a warehouse and logistics company.

Greer, South Carolina

https://www.postandcourier.com/spartanburg/business/spartanburg-greer-thyssenkrupp-layoff-warehouse-logistics/article_d6cac181-7301-4e83-892e-8dbbc8a39078.html

I had 15 years with the company but my department decided to lay me off instead someone that’s been there 2 years. That’s not fair at all. I trained people, was always on time, worked weekends and overtime while being salaried, all that dedication and this is the thanks I get. I’m very hurt and disappointed in UHC. They have no loyalty at all! I will never work for them again good riddance!!

Fcat Team is leveling up! Time for Fcat folks to snag some sweet gigs, internal or external. Get ready to shine!

Is it true that they will lay
off less than 30 people? Is this the total number or the number for each legal entity? End of May is when people will need to leave or when they'll be notified?

New managers have gotten to know team members by now. Do you think they are working on deciding who stays and who goes in second wave?

Lions Services Inc. is laying off 107 people by July 1. The nonprofit textile manufacturer is headquartered in Charlotte. This decision follows the completion of a contract. No comparable replacement work was found. Most affected workers are machine operators and assemblers.

Charlotte, NC

https://www.charlotteobserver.com/news/business/article315639501.html

Constellation Brands is closing its Quarry Lake Winery. This facility is located south of Sonoma. Seven workers face job loss on June 25. The closure is part of wider industry trends. Decreased demand drives these market adjustments.

Sonoma, California

https://www.pressdemocrat.com/2026/05/05/constellation-brands-to-close-former-ravenswood-winery-in-sonoma-layoffs-planned/

It says over the next 2 years but still. How are you supposed to have any job security like this? I'd been expecting it given how strongly they've recently been pushing metrics leadership can see. And still I'm frustrated and annoyed. It's almost worse that it's "over the next two years" because now I have to start applying elsewhere because I just don't even know if I'm safe or not.

I know it is normal that managers cut off communication with their laid off reportees. My manager was in touch with me on a personal note all of last week after I was impacted, but is now MIA; won’t respond to my calls or texts. This is my first time being laid off (my postpartum brain isn’t helping me think straight). My manager was once my coworker at Nike and we always had a good relationship outside the office, so I am trying to understand if there has been an explicit directive by Nike leadership to not be in touch with laid off employees.

As a people manager, I can confirm I received list of associates I'll have to let go.

My manager probably received the same.

We all have mandatory trainings tomorrow to break the news in stages on Thursday.

Just like level 4-7 associates, level 8 and above won't know their date until Thursday.

I might well be outside the door after breaking news to two of my exceptional performers on Thursday.

So it is happening.

It probably means more layoffs today.

Didn't Srini say last week this was done for a while?...

Will there be any more RIFs in Value?

Hey all, here again. My long tenured role within capital one was not fairly compensated. Amidst my rapid, unjust departure, all I was provided for years of high level work was a cheap necklace from capital one. It’s actually broken and is being held together by my hope and dreams crushed by capital one and their toxic work environment. A cheap necklace is the embodiment of capital one as a company.

When is the next wave of NPC&E layoffs? Specifically Mobility? Specifically Management?

We know layoffs are continuous in other parts of company. The love comes in waves in NPC&E though.

Is there any truth to the rumor that people who received inconsistent performance rating last year due to not following in-office adherence will be laid off? I am on a very small team and I believe I am the only one on my team who got an IP so I’m freaking out. My role is a grade level 3 phone role.

Voya is now eliminating positions in IT due to budget cuts. Most likely outsourcing work to Voya India. I was laid off yesterday morning.

A new House bill proposes changes to student loan forgiveness. H.R. 8475 would allow unemployment deferral months to count toward forgiveness. Currently, these months do not advance the forgiveness timeline. The bill aims to expedite relief for borrowers who lose their jobs. Representative Rosa DeLauro introduced the legislation with Democratic co-sponsors.

https://www.newsweek.com/student-loan-forgiveness-could-change-for-workers-hit-by-layoffs-11910112

Received an invite along with 4 other people to attend a meeting set up by HR in regards to VOE. Could this be a lay off?

Fayette County Public Schools has filed a notice. This notice concerns significant layoffs. These staffing decisions are reportedly difficult. They affect employees who care deeply about students. The district aims to align staffing with enrollment and program needs.

https://www.bizjournals.com/memphis/news/2026/05/04/fayette-county-schools-files-notice-layoffs-state.html

Spirit Airlines ceased operations at Atlantic City International Airport. The airline previously handled about 75% of flights there last year. This abrupt shutdown caused significant travel disruptions for passengers. Many travelers were left scrambling for alternative arrangements. The closure also resulted in some workers losing their jobs.

Atlantic City, New Jersey

https://www.nbcphiladelphia.com/video/news/local/layoffs-and-travel-troubles-plague-ac-airport-after-spirit-shuts-down/4396809/?amp=1

Spirit Airlines has ceased all operations. The airline announced permanent closure of all its U.S. facilities. This includes five locations across Florida. Almost 5,000 employees in Florida were laid off. Rising fuel prices and geopolitical events caused the shutdown.

Florida

https://www.naplesnews.com/story/news/state/2026/05/05/spirit-closes-florida-workers-laid-off-orlando-fort-lauderdale-miami/89941486007/

100% layoff scheduled for 6/1. So when it doesn’t happen, I’m going to post it’s because the rumor was leaked.

For those of us impacted by the greatest economy of all time and it’s not even close, here’s a LinkedIn template for your layoff with gratitude, grace and a pivot for what’s next!

Thrilled to share a growth opportunity I didn’t see coming.

I’ve been impacted by a recent layoff, and while this wasn’t the outcome I originally envisioned, I’m choosing to see it as a powerful reset and realignment moment.

Endless gratitude to Verizon for the journey, the incredible people, and the experiences that shaped me into the thought leader I am today. Nothing but appreciation as I close this chapter.

Now it’s time to lean into what’s next. The market is…dynamic, and this transition may come with trade-offs—whether that’s compensation, benefits, PTO, or starting fresh without tenure. But growth doesn’t happen in comfort zones.

I’m energized by the chance to rebuild, reimagine, and reinvent.

Because sometimes you don’t get what you wanted—you get what you need.

Open to opportunities. Ready to add value. Let’s connect!

Timken Belts announced the closure of its Springfield manufacturing site. Over 280 employees will lose their positions by late 2026. Layoff procedures will commence in August 2026. Its Springfield operations were excluded from a recent business sale. Gates Industrial Corporation purchased Timken's belts unit.

Springfield, Missouri

https://sgfcitizen.org/economy-growth/business/springfield-timken-belts-closure/