#layoff

UK discount chain Poundstretcher announced a property restructuring plan. The goal is to reduce its cost base and secure its future. The plan involves seeking rent reductions from landlords. Poundstretcher confirmed no store closures or job cuts are planned. The company has faced challenging trading conditions recently.

https://www.retail-insight-network.com/news/poundstretcher-outlines-property-restructure/

"A payment in the amount of four weeks of base salary for your first year of employment plus one week’s salary for each additional year of employment, based on your most recent hire date, up to a combined maximum of 26 weeks of base salary."

I have just under 15 years of service to the company with numerous awards and promotions for good performance. Like many here, I have poured blood sweat and tears into my job going above and beyond for this company.

All those efforts are now in the dustbin and I am being shown the door with just 18 weeks of pay (which will be fully subject to tax).

As an older person with specialist skills, I am not easily going to find another similar role, if at all. The future seems very dark and uncertain and I am fearful

How many weeks based on years of service?

Allied Group LLC will lay off 154 employees. This was reported to the Rhode Island Department of Labor and Training. The company offers fulfillment services. It supports life science and biotech companies. Employee separations are scheduled to begin on May 25.

Rhode Island

https://turnto10.com/news/local/allied-group-llc-to-layoff-over-150-employees-in-rhode-island

Oracle just laid off 25,000 employees on yesterday due to AI spending constraints.

They are looking at 30,000 total this round.

Total Technology layoffs 33,302 year-to-date.

Higher Energy prices will lead to a potential Major Recession by 2027.

Yeah, right. There’s no way he didn’t know or wasn’t at least involved somehow. I can buy that he wasn’t the final decision maker, but I call bullsh-t on him not even knowing.

Novo Nordisk announced a workforce reduction. Approximately 400 positions will be cut at its Bloomington site. These layoffs are scheduled for early May. The company stated it remains committed to the site. Local officials are working to support affected employees.

Bloomington, Indiana

https://fox59.com/news/indynews/400-jobs-cut-in-bloomington-amongst-novo-nordisk-layoffs/

Oracle offered a severance package to its laid-off US employees. The package includes four weeks of base salary. Employees also receive one additional week per year of employment. The maximum severance payout is capped at 26 weeks. Affected workers were notified via email early Tuesday morning.

https://www.businessinsider.com/oracle-offers-us-workers-up-to-26-weeks-severance-2026-3

Oracle is laying off 491 employees in Washington state. These cuts affect workers in Seattle offices and remote staff. The layoffs take effect on June 1. This reduction is part of broader company job cuts. AI-driven efficiencies and funding new data centers contribute to the decision.

Seattle, Washington

https://www.geekwire.com/2026/oracle-cuts-491-jobs-in-washington-state-as-it-embraces-ai-led-engineering/

Two companies filed WARN notices for upcoming job cuts in New Jersey. Novartis plans to lay off 114 employees in East Hanover. This is part of an ongoing restructuring effort by the pharmaceutical firm. Labcorp will cut 83 jobs in Raritan, though no reason was disclosed. Combined, nearly 200 employees will be affected by these layoffs.

https://whatnow.com/new-york/local-news/two-companies-file-warn-notices-nearly-200-jobs-at-risk-in-new-jersey/

Well they got me yesterday. I was in the hospital January for a stroke, still recovering and one year away from retirement. The best they could muster was an email. I was the only person let go on my team and also the oldest at 66. The least they could’ve done was a face-to-face layoff but being the cowards they are they hid behind a computer somewhere. In all honesty, I hope they burn to the ground.

Auburn Police Local 195 is actively opposing potential officer layoffs. The city faces a nearly $5 million budget deficit for 2026-27. City officials are considering various options, including job cuts, to address this shortfall. The police union launched a petition, gathering over 1,000 signatures from supporters. They argue that layoffs would jeopardize recent crime reduction efforts and public safety.

Auburn, NY

https://www.officer.com/command-hq/news/55367630/auburn-police-union-opposes-potential-layoffs-in-2026-budget

All four of these id--ts need to be fired immediately.

I noticed my slack errored out 2 or 3 times and gave a glitchy alphanumeric coded white screen the day before the axe came down. I wondered if the system was doing a dry run and if anyone else noticed the same thing? First time it ever did that and today it wouldn't open at all.

Layoffs started last week and this week at Greensboro. Good Luck everyone, No one is safe

Largely because unlike cold blooded Safra and Clay, Chuck and Jettu are ultimately cowards. It takes a special kind of spine to make massive decisions like these. Cisco will keep the drip drip of San Jose only layoffs at a rate that essentially is cover for lack of making tough decisions. I worked at both Oracle and Cisco and say what you will about either company but Oracle will invest their last dollar into a few bets even if nobody believes them. Right now, their bet is AI Infra. Before that, it was OCI. Cisco will always peanut butter - both investments and layoffs because leadership is utterly incompetent to make hard choices.

Its not complicated: Deason family wealth manager is the chairman. He bounced bandy in preparation for sale to Fuji. Darwin has been deceased for a while and the family wants to get out of X whatever they can. Louie is just a placeholder until a sale can be arranged and closed. There will be some rearranging of chairs and some more layoffs in prep for the sale but it wont take too long to line it up and make it happen. Then the kids can move on with their lives and Daddy's money.

i though its about 12.5k since last week , but new york post is reporting 30k

Our dumpster fire of a workplace has spread to Reddit lol. Rumors of severance being reduced to 1 week per year after 4 years of service, multiple people saying they were blindsided with IM ratings at year end and suddenly let go with no severance, and more.

We've all been warned. This will be our norm and it has already happened for some employees. Employees will be fake-fired for non-existent performance issues. All to save severance $$. The brutality will only increase for those that are still hanging on. Wish i left when i had the chance.

The Stagecoach is a career ki-ler.

https://www.reddit.com/r/Layoffs/comments/1rx4mwn/wells_fargo_not_giving_severance/

I just noticed that bunch of people left the chats, and they are not available any more.
Was there any layoff recently? How many people were cut?

Quick Take On This Round Of Firing & How Its Different Than September 2,2025 ??

Uncle L did talk to an Astrologer & this mas firing happened EXACTLY 6 months after September 2025 layoff. What a timing. But, this time employees were reading E-mail on layoff & house collapsed. Shame on management

Many businesses across Pennsylvania are announcing location closures. This trend affects retailers, restaurants, and manufacturing facilities. Amazon, Pittsburgh Post-Gazette, and FedEx are among those with significant layoffs. Eddie Bauer LLC is closing all its stores due to bankruptcy proceedings. Saks Global Enterprises also announced closures amid its Chapter 11 filing.

, Pennsylvania

https://www.pennlive.com/business/2026/03/layoffs-plague-pa-as-50-business-sites-from-hmac-to-eddie-bauer-close.html

Wells Vehicle Electronics announced the shutdown of its Fond du Lac facilities. The company will lay off 100 employees. Its manufacturing and warehouse operations will permanently close. This decision follows the sale and closure of the manufacturing facility. Layoffs are scheduled to begin June 2 and conclude by March 2027.

Fond du Lac, Wisconsin

https://www.wbay.com/2026/03/31/wells-vehicle-electronics-shut-down-fond-du-lac-facilities-lay-off-100-workers/

I’ve been here for over a decade, and I’d be lying if I said it was all bad. There were good times too, even if the bad has been more prominent in recent years. I’ll miss my coworkers, and I’m hoping we’ll still grab a drink now and then. I’m ready to move on. Good luck to everyone else, I hope life treats you well.

I am unsure if the layoff decisions were the same unilaterally across all orgs, but I was told that people knew yesterday afternoon and leadership had a say in it. In at least my organization they picked some high earners and some people who due to re-orgs were sort of put into bad spots.

Got the morning email and still have no information on whats next and we only get benefits til end of next week. How nice.

If you are impacted by the layoff's today, please share your department and paygrade.

Please post if you are impacted by the layoffs today. Let us know department and paygrade if you feel comfortable sharing.

Walmart Inc. filed a Worker Adjustment and Retraining Notification in Illinois. The company plans to lay off 111 employees. This action is due to the closure of its Matteson facility. Layoffs are expected to begin on May 29. Affected workers may transfer to other Walmart locations.

Matteson, Illinois

https://whatnow.com/chicago/local-news/americas-biggest-retailer-walmart-to-cut-111-jobs-at-matteson-site/

I haven't been laid off, at least not yet, I'm just curious.

"We are sharing some difficult news regarding your position. After careful consideration of Oracle's current business needs, we have made the decision to eliminate your role as part of a broader organizational change. As a result, today is your last working day. We are grateful for your dedication, hard work, and the impact you have made during your time with us. After signing your termination paperwork, you will be eligible to receive a severance package subject to the terms and conditions of the severance plan. You will receive an email from DocuSign to your Oracle email address with details on your severance and termination date."

Day & Ross USA Inc. will dismiss 100 employees in Hamilton, Ohio. The terminations are set to begin May 30. The Ohio dismissals are part of a wider 149-person staff reduction across several states. Contract negotiations led to business changes, officials stated. A customer chose another vendor, affecting Day & Ross staff.

Hamilton, Ohio

https://local12.com/news/local/approximately-100-employees-lose-jobs-laid-off-logistics-company-multi-state-layoffs-day-ross-usa-warn-cincinnati-ohio-department-job-family-services-symmes-road-hamilton-employment-workforce

People who’ve given Oracle ten plus years are being laid off through email, no call, no conversation, nothing. That would require facing the people affected, and clearly that’s not something they’re willing to do. It’s a cowardly way to handle something like this, but I'm not surprised.

I've completed the docusign, providing my non-Oracle email. When can I expect the final paperwork? TIA

why mine say "today is your last working day", no WARN?

Oracle saving lots of H1B's and Layoff US Citizens and Greencard holders
Lots of my friends holding Greencard got affected but H1B remain without issues.
Is Oracle biased ?

Oracle layoffs hit this morning, so I’m suddenly available for daytime games while I figure out what’s next.

If you know of openings, recruiters hiring, or just want to connect, I’d appreciate it. Also accepting pickleball invites, networking chats, and strong coffee.

Got the generic email this morning. Just one month short of my 15 year mark. I have seen a lot of good people and engineers treated in similar fashion so I knew this day would come sooner or later. All the best to everyone affected.

If my boss isn't consulted on who to lay off, and my bosses boss isn't consulted then what's the point in doing any work day to day ?