#layoff

I think with a vsp the termination play is out versus a vtp. Does anyone know

This company is literally thinking it can operate the daily works and tasks much easily without employees. Leadership doesn't care about employees. When there is no value to employees then what is the reason behind working here. Need mass resignation.

It used to be formal layoffs with packages were the only thing to worry about. Now they're moving toward firing people individually. I personally know three people let go for reasons that made no sense. One had fine reviews but was told their performance was poor. Really? I hope they talk to a lawyer.

IT leadership stated in meetings it has goals to cut IT staff by roughly 50% and reduce processors by about 75% by year-end.

The immediate team and the manager were so toxic - I got axed but I feel much better. So, go figure. Relief

The multi-wave timeline clarifies the structural pattern Oracle follows:
August 31, 2025 Layoff: Accounted for as a $402 million localized surge in Q1 FY26 (reported September 2025).
March 31, 2026 Layoff: Accounted for as an $823 million localized surge in Q4 FY26 (reported yesterday, June 10, 2026).
The Result: The accumulation of these massive structural waves is what compiled the overall $2.1 billion restructuring footprint, leaving the remaining ~$980 million reserve sitting clean on the books to fund the upcoming FY2027 phases.

lost a lot of small businesses, too focused on hardware/POS machine.
When bring a CEO with engineering background, he is just talk everything about devices, no one care about service, lost a lot of small businesses.
then new CEO with accountant background, everyone known --- layoff is coming.

The big boss "san francisco" is bleeding... that's the way is.

Former employee here. Just tried applying for a position that I’m overly qualified for and didn’t even get a call back. I’ve heard rumors of former employees being blacklisted, but does anyone have any proof?

Hi - I was laid off in a previous round of cuts and landed another job after 6-8 months during which I took some time to sit, process, and be present with my family. I'm willing to connect with anyone affected in this latest round to see if I can help in any way. Please post here, and, if there's sufficient interest, I will work to find a way to get in touch.

Disgraceful!!! Please do the dignified thing and RESIGN as soon as possible!!! Get your severance package and leave the premises...........

FanDuel implemented organizational changes, resulting in staff layoffs across various departments. The exact number of affected employees is unconfirmed but could be in the hundreds. Roles cut include middle-management positions within both sportsbook and casino operations. Flutter Entertainment's share price surged significantly after the layoff announcement. This action follows similar workforce reductions by other gaming companies that also saw stock bumps.

https://next.io/news/investment/flutter-share-price-surges-fanduel-layoffs/

The Hilton Houston NASA Clear Lake hotel plans employee layoffs. Remington Lodging and Hospitality LLC manages this hotel. All 65 employees will be dismissed on July 31. The hotel will temporarily close for renovations. It will reopen as a Margaritaville-branded lodge.

Nassau Bay, Texas

https://www.houstonchronicle.com/news/houston-texas/article/hilton-nasa-margaritaville-layoffs-22300194.php

Dozens of service workers at the Graduate Hotel in Palo Alto were suddenly laid off in April. Employees were initially informed that the hotel's ground-floor restaurant would be closing. However, the restaurant soon reopened, staffed by temporary contract workers. Former employees, including kitchen staff, housekeepers, and servers, expressed confusion and anger over their terminations. Workers are now escalating their concerns to the City Council, seeking intervention.

Palo Alto, California

https://www.paloaltoonline.com/business/2026/06/10/dozens-of-graduate-hotel-workers-devastated-by-sudden-layoffs/

DHL Supply Chain is closing a warehouse facility in Rural Hall, North Carolina. The company plans to shut down the site by December 31. This closure will result in 81 layoffs for employees. Layoffs are scheduled to begin on August 5 and continue through the end of the year. The reason for the facility's closure was not provided in the WARN report.

Rural Hall, North Carolina

https://www.charlotteobserver.com/news/business/article316079334.html

Biopharma companies cut or planned to cut 6,956 employees in May 2026. This represented a 47% year-over-year increase in workforce reductions. Takeda and BioNTech together accounted for 6,360 of these job cuts. BioNTech announced 1,860 eliminations by late 2027, while Takeda plans 4,500 cuts in fiscal year 2026. Other companies like AbbVie, Amicus Therapeutics, Johnson & Johnson, Novartis, and Valneva also reported layoffs.

https://www.biospace.com/job-trends/may-layoffs-hit-nearly-7-000-with-most-cuts-from-takeda-biontech

Black Mountain faces a nearly $2 million budget shortfall. Rising operational costs and storm recovery expenses caused the deficit. Town Manager Richard Hicks cited rising personnel and health insurance costs. Officials propose freezing five to six positions and raising taxes. They also consider increasing garbage fees and water rates to balance the budget.

Black Mountain, N.C.

https://wlos.com/news/local/black-mountain-budget-shortfall-million-officials-town-manager-layoffs-tax-increases-interim-richard-hicks-community-governments-helene-recovery-meeting-

How do I convince leadership to let me go back to my old role/team instead of laying me off? I have been moved around to so many times in the last few years, I’d really like to go back to what I was doing prior to all the re-org’s. Also, does anyone know if HR will offer a lower position in another are vs. laying someone off? I really don’t want to get laid off (despite all the trolls on this site) and willing to take a lower job.

I was hit with my 2nd layoff in two years today. I finally thought I had a foundation for recovery and it was an illusion. I’ve applied to hundreds of jobs before this one. I’m still exhausted from the previous job search. I’m desperately looking for a role, any role at this point inside the organization to stay employed. I’m applying internally and externally. Any advice? To make matters worse, I was served with an eviction summons trying to catch up from the last layoff today. Just my luck.

2u seems to be targeting US workers for layoffs while sparing foreign workers. This is considered anti-american bias. You can file a charge online at eeoc.gov **search for how to file a charge of employment discrimination.

They’re pushing more and more towards 3 days in office

You all should consider it. I have never seen a more miserable (and slightly r@cist) group of people and I’m certain your charming personalities really shine at work. Have you ever considered being enjoyable to be around? If you hate Wells Fargo so much please just leave - go find something you actually enjoy! Create something new! You have free will! Layoffs happen and they su-k and I’m glad that we at least get severance - but some of yall should be fired for just being a pain in the a-s. No one will miss you when you’re gone.

Today I and several other people in Citi Frad division were laid off as well as representatives in Quality. The average tenure of those dismissed was 4 yrs or over. It is devastating and I’m just still in shock.

All levels of leaders are gonna be cut. Anyone know when?

Employees knew this was coming. Sad day for a (once) great company.

It is funny after being laid off since last may ,I got a recruiter call for a RF/SP position with Vz on W2 salary of 38/hr non negotiable (no benefit) lol.. I am so saddened.

And they asking for all scripting experience on top of all RF/SP experience . its brutal everyone. stick to your Vz job like your life depends on it.

My position was eliminated out of the blue after working in that role for 6 months.

Fall River Public Schools will lay off 73 educators. Initial non-renewal letters went to 213 employees. Reasons cited include performance and missing state licensing requirements. The district is working to help many educators meet these standards. Special Education teachers and newcomers are most affected by these cuts.

Fall River, Massachusetts

https://www.heraldnews.com/story/news/education/2026/06/10/fall-river-schools-issue-213-teacher-layoff-notices-new-licensing-requirements/90476083007/

Community Healthlink layoffs have increased to 127. The health provider is an affiliate of UMass Memorial Health. It will permanently close due to workforce shortages and shrinking demand. These layoffs are scheduled for July 31. UMass Memorial Health is working to find new operators for its services.

Worcester, Massachusetts

https://www.masslive.com/centralmass/2026/06/layoffs-at-closing-worcester-county-health-provider-jump-to-127.html

Everyone talks about Dell’s stock run and AI growth, but almost nobody talks about the long-term cost of the nonstop restructuring.

The recent numbers are pretty staggering:
• $227M spent on severance in just 13 weeks
• Another $242M already reserved for future severance payouts

And that’s only a small snapshot in time.

When you zoom out and consider the estimated 70,000+ employees impacted over the last 5–6 years, the total severance costs across all these layoff cycles could realistically be in the $2–3 billion range.

That’s an incredible amount of organizational churn that rarely gets discussed publicly.

Wall Street may reward efficiency, but these repeated cuts also come with major hidden costs:
• loss of experience and institutional knowledge
• employee morale damage
• constant reorg fatigue
• disruption to customers and internal teams

There’s a very different story underneath the headlines and stock price.

Job market is terrible now

The number is gigantic

Max cap being cut from 150% to 125% so they can take that off the balance sheet and not have to pay out that additional time when we're all RIFd.

Happening today.

The money used to make the stress worth it but weak raises ki-led that advantage years ago. Now there's no path up, no relief in sight, and I'm starting to feel like an id--t for still being here.

I didn't realize the layoff stress here was bad enough to make someone leave for less money.

Any updates regarding rifs in June?

Been hearing 6/10 for about a month, how’s it looking out there?