#layoff

Posts mentioning hashtag #layoff

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Thank you

To the folks that have knowledge of the layoffs and willing to share. It’s su-k being laid off but at least you are prepared for it and not blind sided one day. Gives you time to look for other jobs and get your finances in order.


anyone else's team seeing layoffs and "gauntlet" meetings

So 1 person from my team and another from an adjacent have been laid off. Both were high performers.

We also got some new guy from Sofi who seems to be big on downsizing based on individual contribution. Apparently he's making people give adhoc presentations. This makes me wonder if it's a test to see who has the abilities to contribute individually...
Interesting times.


Prepare, don't guess

People keep obsessing over whether layoffs are coming next week or next month, but that's not the right thing to focus on. You can't control when they happen. What you can control is how prepared you are. Update your resume, network, save some money. Once you've done that, the timeline becomes less important. You'll be ready either way.


Central Admixture Pharmacy Services Closes Phoenix Operations

Central Admixture Pharmacy Services will begin layoffs. These layoffs are scheduled for August. The company is closing its Phoenix facility. This action affects its 503B sterile compounding business. The company is exiting this specific business segment.

Phoenix, Arizona

https://www.bizjournals.com/phoenix/news/2026/06/30/central-admixture-pharmacy-services-layoff-116.html


University of Oregon Lays Off Staff While Seeking H-1B Employees

The University of Oregon aims to cut $65 million from its budget. It previously laid off over 100 employees and instituted a hiring freeze. President Karl Scholz announced the freeze to conserve resources. During this period, the university filed many H-1B visa applications. These applications were for various roles, including professors and research associates.

Eugene, Oregon

https://www.campusreform.org/article/university-cuts-staff-freezes-hiring-slash-65m-budget-files-applications-h-1b-jobs/29912


Intel Targets 75,000 Employees After Major Cuts

Intel announced plans to reduce its workforce to 75,000 by year-end. This represents a 31% reduction from 108,900 employees at the end of last year. The company previously aimed to cut annual operating expenses to $17 billion. CEO Lip-Bu Tan acknowledged these difficult but necessary streamlining decisions. Intel also reported a $2.9 billion net loss in its second quarter due to restructuring.

https://www.msn.com/en-in/money/topstories/intel-layoffs-intel-expects-workforce-to-shrink-by-25000/ar-AA1JfDmi?apiversion=v2&domshim=1&noservercache=1&noservertelemetry=1&batchservertelemetry=1&renderwebcomponents=1&wcseo=1


103 people affected by layoffs

The Genentech Research and Early Development are among the affected groups. This is not a great time to be laid off, so I wish all the best to all the affected folks. I think management has become too trigger-happy when it comes to layoffs and we'll be seeing much more of this before the end of the year.


Lucid Biggest Source of Arizona Layoffs

Lucid's Casa Grande factory announced major job cuts. Over 1,100 Arizona workers faced layoffs in June 2026. Eight WARN notices detailed these affected positions. These notices listed 1,154 affected workers. This number is an increase from May's 877 affected workers.

Casa Grande, Arizona

https://www.azcentral.com/story/money/business/jobs/2026/07/01/lucid-fedex-arizona-mass-layoffs-june-2026/90742044007/


IBMs professional job hoppers

I have been working in a mildly successful IBM product for the last 12 years. Some years ago my boss at the time warned me about something I am now experiencing first hand: Well connected higher ups work on the flashy IBM fad that almost always fail (block chain, cp4d, Watson health, Watsonx….) then a layoff happens, the base workers and the first line take most of the blow, and these professional bosses are parachuted into a more established product. It’s been 8 months since a big layoff impacted my team, the layoff came with new bosses, all of them from failed products. They know nothing about my product (and are not willing to learn), but keep making decisions that they are not (remotely) capable of understanding their consequences , they all came with big attitude and egos; always ready to hoard the travel opportunities and post in LinkedIn at every turn. They will surely sink the product and jump to the next one. Have you seen this as well?


I don't know how leadership sleeps at night, while we are changing people one person at a time.

Executive Base Salary Stock Awards Cash Incentive Other Benefits* Total Compensation
Sarah M. London, CEO $1,473,077 $15,537,733 $2,109,446 $386,042 $19,506,298
Andrew L. Asher, CFO $1,152,885 $13,362,923 $1,238,198 $318,874 $16,072,880
Christopher A. Koster About $1.1M $5,111,079 Included in cash comp $79,364 $6,508,793
Susan R. Smith About $1.0M $3,577,782 Included in cash comp $76,751 $4,887,083
Tanya McNally About $1.0M $1,967,756 Included in cash comp $80,949 $3,172,356

Key Accounts

Over the years I created relationships with several folks (all key accounts). When I was laid off, I proceeded to tell them all how FIS instructed me to hide SLA misses and breaches at every available opportunity. I didn't tell them NOT to renew, I just told them to be sure they explored all available options.

But honestly I didn't have to do too much. The product was cr-p on a fancy plate.

I'm hoping that it hurt.


If you ever had any doubt about just how much you are valued here….

Understand that them moving the dates around at their discretion is quite the biggest indicator that they care nothing about you or your family. It’s a for profit business and I get that. But don’t patronize me with all the CenTeam stuff. It’s a lie and we all know it. Give me my agreed upon severance package and let’s part ways before I detest this company any more than I already do.


Laid off from nike a few months ago. the layoff wasn’t even the part that hurt

I actually believed the “nike family” thing. treated coworkers like friend not just people i clocked in with..that’s on me for being naive i guess but the people who still have jobs there? spineless. i sat next to these people for years covered for them more times than i can count. the second i got laid off i became invisible. No “hey that su-ks.” just silence, one text is all it would have taken

During my last few weeks all anyone wanted was KT. drain everything useful out of me then go quiet the moment h i’m not needed anymore. Tried reaching out for referrals after people i’d helped before. suddenly everyone’s “already used up their referrals.” people still there just saw my messages on linkedin and said nothing not even a polite no

Funny how the ones who actually had a soul already left that company on their own. the ones still sitting in those seats are just the ones who don’t mind stepping over people to stay comfortable

Again not mad about the layoff i’m done pretending the people who stayed behind are good people. they’re not. they just haven’t been laid off yet..