#layoff

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Bridging former Verizon time

Hey,

If you worked at Verizon for 15 years in PA, moved to FL, then all the sudden VZ sells off to frontier, but then you quit after a few years on a Friday, start Verizon on a Monday, do you think Verizon will finally bridge the Verizon time again? Was told that since Frontier bought VZ, all VZ seniority ends, should you ever get rehired at VZ. Haven’t been able to bridge the time and have been denied, since in the language of the buyout, you can’t carry your time over, if he rehired. Been back at Verizon for about 7 years now in the same position as service tech, feeling robbed of time.


Intermountain Packing Sued for Insufficient Layoff Notice

A former employee is suing Intermountain Packing in Idaho Falls. The lawsuit alleges the company violated the federal WARN Act. Intermountain Packing abruptly laid off 150 workers without 60 days' advance notice. The complaint seeks class action status for all affected employees. The company claims an unforeseeable financial crisis prevented proper notification.

Idaho Falls, Idaho

https://capitalpress.com/2026/04/17/defunct-idaho-sla-ghterhouse-sued-over-foreseeable-mass-layoffs/


layoff or restructuring

Hi everyone, I’m looking for any insight regarding potential restructuring within Aetna. Specifically, has anyone heard whispers about upcoming layoffs or organizational changes hitting the DDAT (Digital, Data, Analytics, and Tech) side? Any info would be appreciated.


Does Nike follow the WARN Act?

“The WARN Act offers protection to workers, their families, and communities by requiring employers to give a 60-day notice to the affected employees and to both state and local representatives prior to a plant closing or mass layoff.”

So far Nike has not filed a WARN notice. Should we expect to see it if anything happens?


The rumor might not be true. But why not offer voluntary layoffs?

They'll be laying people off left and right anyway. Sure, some people they might want to keep could leave first. On the other hand, it's not as if they've been working hard on talent retention. The only way it wouldn't make sense is if they've been planning to ramp up attrition. That wouldn't be a shocker, really.


Predict Shell’s CEO’s eventual layoff

What triggers and when will Shell nominate a new CEO?

An oil industry CEO is typically fired when they fail to balance the "iron triangle" of shareholder returns, operational discipline, and strategic pivots.

Common Triggers for Dismissal:

Capital Indiscipline: Overspending on new drilling or expensive mergers that don't immediately boost the share price.

Activist Pressure: Investment groups (like Elliott Management) demanding a return to "traditional" business models and simpler corporate structures.

Safety or Environmental Scandals: Major leaks or safety failures that result in crippling fines and "brand-ki-ling" headlines.

Operational Stagnation: Falling behind competitors in integrating new technologies.


Franklin Templeton employees get no information prior to layoff date

Their layoff date is 04/27/2026, next Monday. Beyond that, no information has been provided to employees including managers about what will happen next Monday. The last calls will be transferred back to FT, the employees have been told that they will work on finalizing any outstanding work items.

Details of severance? Not yet. Any word about COBRA? Not yet. Will Monday be a full day? Probably not, but why give employees being laid off anything that might allow them to plan, such as when last checks will be issued, when will severance checks be issued. They still have a whole week to figure it out. Financial obligations of employees still need to be met, regardless.

Reading the Severance Policy from the employee handbook is not the same as confirmation from FIS for each employee. Let's keep the tension wound up until the last possible second!


OI onshore cuts today

Not poppycock or rumor. Asked this morning for multiple names from my 10 person onshore team. Of course they said we cant take anyone from our 35 person offshore team. OI is not meeting IOI, doesn't matter that my products are. This Jenga tower is coming down after this, already cut to the core and now this. No offense to my offshore teammates, they develop well, but dont know the business. But come on, they could absorb this offshore and be fine. Going to be losing multiple 20 plus year people that know this industry/space for ppl that have 2 years tops.


if u r over 50 yo

Layoffs: Reality for the folks older than 50

New data shows 24% of people laid off between ages 50-65 can't find another job.

Those who do? Average 11% pay cut.

Men take 15% hits, women 7%.

The wait is worse: 55-64 year olds spend 26 weeks unemployed vs 19 weeks for younger workers.

Many settle for jobs without benefits, crushing retirement plans.

Half of older workers expect gradual retirement transitions.

Reality? 70% get the full stop treatment.

Save young or work forever. There's no middle ground.

Source: Center for Retirement Research/Boston College/WSJ


Layoff

They kept promising no layoffs with the acquisition of restaurant depot, but here go. Layoffs left and right. Makes sense to do it the fourth quarter so it lowers the bonuses of your workers and also makes you shareholders happy. Is it okay? No. This is an entire business practice. When you spend 29 billion on a company that makes only 2.1 billion, that means you have to offset the cost. However, Sysco employees were promised that we would not lose our jobs…..yet here we are, losing our jobs.


April 2026 Layoff

Got the email today, looks like 40 ish prone across business development and advisor practice growth etc.

What the he-l is going on? Some leaders who I know and I like. If we are trying to grow the wealth management business, this seems short sighted.

I joined a while back from a competitor to escape their layoffs and now it’s happening here. Seems pretty dispassionate.


One gone and two more to go as the next layoff round looms large

TB placed it's new guy and he immediately got rid of biggest slacker. Now he is mandated for bigger clean up so next on the line will be the remaining testing people including the bigger lier who got the quality of product on the knees by protecting her puppies and almost ki-ling couple of products where many top performers have left because of her non competence. The next big list is just around the corner so stay tuned


Layoff on 17 April?

Not sure if this is just coincidence or something more, but I’ve noticed a few signals this week that feel familiar. Saw several people quietly updating their status and mentioning they’re exploring new opportunities, and there have also been some internal org changes recently.

Could be nothing, but we all know something's cooking?


Last Week for February Layoff People

How did we all do with the job search? I was blessed to be able to snag a job pretty quickly. To the people who are left behind: you will NEVER have less work than you do right now, but you'll probably have more eventually. Private equity isn't going to spend income on additional payroll. If you're considering leaving I say look around, it's not so bad out here. Then again it took a shove to get me out the door so who am I to preach? Good luck everyone, may the grass be greener on this side.