#layoff

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KPMG UK Plans Audit Workforce Reduction

KPMG UK intends to reduce its audit division workforce. Up to 440 employees are expected to be laid off. Nearly 600 staff members were warned about potential job losses. Low staff turnover and changing market conditions are cited as reasons. This move primarily affects assistant managers with accounting qualifications.

https://www.hrkatha.com/news/kpmg-uk-to-layoff-up-to-440-audit-staff/


Kentucky Bill Permits Public University Faculty Layoffs

The Kentucky Senate passed legislation allowing public universities to lay off faculty. This includes tenured professors. Reasons include low enrollment or revenue-cost misalignment. Faculty could be terminated with just 30 days' notice. A Republican supermajority can override the governor's veto.

https://www.insidehighered.com/news/faculty/tenure/2026/03/30/kentucky-senate-passes-bill-allowing-easier-faculty-layoffs


Novo Nordisk May Cut 5,000 Jobs, Analyst Predicts

An investment analyst forecasts significant layoffs at Novo Nordisk. Up to five thousand staff reductions are predicted within two years. This prediction follows a decline in future earnings expectations. The company needs to address its cost structure. This view comes from an analyst and economist.

https://medwatch.com/News/Pharma___Biotech/article19163186.ece


Takeda Cuts US Jobs to Save Billions

Takeda has begun a workforce reduction in the U.S. This action aims to save over $1.26 billion in annual costs. Approximately 634 roles at its U.S. headquarters are affected. This includes positions in Massachusetts and other states. Employee notifications started in March 2026, with changes effective July 2026.

Cambridge, Massachusetts

https://www.fiercepharma.com/pharma/takeda-begins-us-layoffs-part-massive-13b-restructuring


Are they really going to happen tomorrow?

I know there are too many articles and posts signaling the layoffs are going to happen tomorrow , i.e. 3/31. Since it’s just a day, anyone can confirm here if they got some hints or would get today. No trolls please! Asking genuinely. Will then balance out the work and backing up.

Asking for US.

Everything seems so normal except online.


Oracle Layoffs - My Experience

I want to share my experience of the layoff process at Oracle. I was RIF'd in September 2025. I worked for Oracle for 17 years: 7 years in the UK and then transferred to the US for personal reasons (my wife is American and we wanted to be closer to family). Oracle made that move so much simpler and for all the bad things I will forever be grateful to Oracle. During my time in the US I was relatively high achieving within my team and had carved out a unique and critical DevOps role within my team. It wasn't rocket science, but it was unique and critical and I thought it gave me some protection against a RIF. On the Tuesday before I was RIF'd (Wednesday) I attended a meeting with my VP, Senior Director, Director (I was IC4) and we were planning for some business critical work that coming weekend. This is relevant as no one in those positions had any idea it was coming or we would not have been wasting our time on that planning meeting! The following morning we had another meeting (Oracle and their meetings...) and the VP didn't show up... the senior director didn't show up... the director and the ICs all showed up. I then got wind of something being up around 30 mins after the meeting as people were starting to disappear on Slack. I messaged my Director and he was talking to me on the phone and then he excused himself and had to drop for an urgent meeting that had just shown up in his calendar. He messaged me 10 minutes later to say that he had been RIF'd and his access was going to go away and gave me his personal email and said he was there to help however things worked out (great guy). Then around 30 mins later I received an email from my EVP. It was a boilerplate job and basically said "Today is your last day with Oracle, so long and thanks for all the fish". My Slack etc carried on working and in fact all my access continued working, that struck me as super d-mb.... I didn't do anything with that access but others might not have been so responsible! Around 2 hours later I was locked out of everything and was left numb walking off into the sunset. I received my severance on schedule and that was that. It all just felt very sloppy and isn't the way I would have handled it. An email after 17 years just felt a lot like a "F U". My entire org was laid off (bar a couple a of guys to keep the lights on - who wants to be that guy!!) so it was obviously not personal but it just felt so sloppy.


What if.....

What if you were told, "we are going to lay you off, should have been done already, but we have too much work at the moment. So, we need you here to do the work then we will lay you off."
This has actually happened in Tech under BT's watch.
The question is, would you put in 100% and do your best, or would you say "scr3w it, I'm marking my time since they don't want me"?
I think I'd be in the latter group. Having been told that is extremely harsh and super bad for morale. (although I don't think they care about morale)
What about the co-workers? How do you even face each other knowing the axe is hanging above heads?


There you have it !

https://www.edhat.com/beyond-local/news/california-toy-giant-mattel-inc-to-lay-off-65-employees-at-headquarters/#
Toy giant Mattel, the maker of Barbie and Hot Wheels, is laying off employees from its El Segundo headquarters, according to a notice to state authorities.

The company is expected to permanently lay off 65 employees from its headquarters located at 333 Continental Blvd in El Segundo, Los Angeles County, according to its official WARN notice.

Under the Worker Adjustment and Retraining Notification Act (WARN) Act, employers are legally mandated to provide a minimum of 60 days’ notice prior to plant closures, mass layoffs, or major relocations. The notice gives local agencies and staff time to prepare, according to WARN.

Mattel submitted the documentation on March 23, 2025, and it was processed the following day. The layoffs will be effective from May 22, 2026, the WARN filing showed.

This is the second time Mattel has laid off employees from its headquarters within a few months. In January 2026, the company laid off 89 employees, according to WARN filings.

Citing a Mattel spokesperson, a news report by Los Angeles Business Journal said that the layoffs in January were part of its effort to restructure its global brands team.

Most of the impacted employees held senior or executive positions, including significant roles on Barbie, action figures, and games teams, the report added.

In March 2025, Mattel laid off 120 workers from its headquarters, most of whom held positions like manager, director, and vice president, according to a Los Angeles Times report. The job losses were part of the cost-cutting effort as the company focused on maximizing its profits.

Citing Mattel spokesperson Catherine Frymark, the news report said that the company was targeting $200 million in cost savings by 2026.

Earlier layoff notices showed that Mattel reduced 439 employees from its El Segundo headquarters since 2020, according to the Los Angeles Business Journal.


Why Manager keep following laid off employees on LinkedIn

I’ve noticed that some people from the company continue to follow and monitor our LinkedIn profiles even after we were laid off and have moved on to new and better opportunities.

If you see that someone has landed a new role, a simple “congratulations” would be more appropriate than checking profiles, sharing posts internally, or gossiping about them.

For those who may not be aware, LinkedIn Premium allows users to see who is viewing their profile. It’s easy to notice repeated views. I could easily identify several individuals who have been checking my profile regularly.

Being laid off ultimately opened the door to better opportunities for many of us, and I’m grateful for where that journey has taken me. Sometimes what seems like a setback turns out to be the best thing that could happen.


Anyone know what contracting agencies Fidelity works with for tech hiring?

Laid off from Fidelity as a SWE in 2024, became a contractor at another company using a contracting agency that works with Fidelity. Wanted to know if there’s a list of contracting agencies Fidelity uses so I can contact them and have more contacting agencies under my belt looking for a job when I need one. Thank you.


GM Fairfax Plant Announces Temporary Layoffs for EV Shift

General Motors' Fairfax plant will issue a temporary layoff notice. This action supports a $390 million investment. The plant is retooling for Chevrolet Bolt EV production. Phased layoffs will begin in November. Employees were informed of these planned changes in May.

Kansas City, Kansas

https://www.kmbc.com/article/general-motors-fairfax-plant-kansas-city-kansas-issue-temporary-layoff-notice/62285809


BAE Systems Lays Off 119 in Vienna After FBI Contract Ends

BAE Systems is cutting 119 jobs in Northern Virginia. These layoffs are occurring in Vienna. The company lost a Federal Bureau of Investigation contract. Affected employees received notification on Friday. The job cuts are permanent and tied to this contract reassignment.

Vienna, Virginia

https://countryherald.com/news/vienna-virginia-layoff-alert-bae-systems-cuts-119-jobs-after-fbi-contract-loss/


George Brown Polytechnic Announces Staff Reductions

George Brown Polytechnic initiated a large-scale termination. This affects 51 employees, including both hourly and salaried staff. The college cites shifting government policies and budget pressures. Full-time enrollment dropped 29 percent from winter 2025 levels. The institution anticipates additional workforce reductions.

Toronto, Ontario

https://www.thestar.com/news/gta/george-brown-college-files-mass-termination-notice-in-face-of-steep-drop-in-enrolment/article_9fb89b41-e94e-449d-afb7-da12f0733dfb.html


Conestoga College Cuts Nearly 400 Staff

Conestoga College recently laid off nearly 400 employees. This included 181 faculty members and 197 support staff. Some staff were also forced into part-time roles. Declining international student enrollment is a primary cause. The college is also undergoing a leadership transition.

Kitchener, Ontario

https://www.seekyoursounds.com/news/kitchener/another-round-of-layoffs-conestoga-college-400-full-time-staff-cut


Fiserv Inc. Cuts 118 Jobs at New Jersey Hub

Fiserv Solutions plans to eliminate 118 positions. These job cuts will occur at its Berkeley Heights, New Jersey site. The company filed a WARN notice regarding these layoffs. The reductions are scheduled between March 31 and May 31. This facility functions as an operations and innovation hub.

Berkeley Heights, New Jersey

https://www.nj.com/union/2026/03/financial-services-tech-giant-plans-118-layoffs-at-its-nj-hub.html


April 15th all-company meeting

What are the current betting odds that the April 15th all-company is to explain another mass layoff early in the month circa the mid-July 2024 “bloodbath”? Still no WARN notices I can find, but the timing right after Q1 and corporate jobs disappearing in every other industry does make one wonder.