#layoff

Dial Books for Young Readers, an imprint of Penguin Young Readers, has closed. Penguin Young Readers confirmed the closure. This action resulted in layoffs and staff reassignments. Three Dial editors moved to G.P. Putnam’s Sons Books for Young Readers. Other employees were also laid off from Viking and Kokila.

https://www.publishersweekly.com/pw/by-topic/childrens/childrens-industry-news/article/99957-layoffs-moves-at-penguin-young-readers-as-dial-imprint-shuttered.html

Long time lurker 👀 , first time poster ✉️

Received my 2025 CIP payment today, which was graciously received. And it was only slightly less than my 2024 payment where I achieved mostly EEs.

Except the difference is that this was laid off end of July. And received my worst ranking during my time at Chevron.

So how does half a year of mediocre performance result in a bonus only mildly less than a full year of high performance — in a company that openly espouses paying for performance?

Please make it make sense. Doesn’t seem like a great strategy, but then I’m hardly qualified to assess such a thing from this side of unemployment.

Goldman Sachs will start a series of small layoffs. These reductions will continue throughout the summer. All business lines within the company are expected to be impacted. This new approach replaces the bank's previous single annual layoff event. Business-line leaders will now determine their own timelines for staff cuts.

https://www.pymnts.com/news/banking/2026/goldman-sachs-replaces-big-annual-layoff-with-targeted-rolling-cuts/

In 05/2025 and was just let go. 10 months later. Thank God the family stayed in Georgia. I lived in a rat trap for the past 9 months to save a few bucks and protect against uprooting my entire family. VP kept asking me when's the family moving out? Packing up the car this weekend and heading home. Ingot problems and will have trouble finding something but thank god I didn't put my family through that.

Today and subsequent lays offs…. You will be offered a job, more than likely with reduced pay. IF you opt to not take offered job, Optum will not pay you your severance.
Is this even ethical?
Most households cannot survive if someone’s salary is much reduced. Most have to find a new job with comparable pay.
Withholding one’s severance they are entitled to when being layed off seems way wrong.
If they hadn’t layed so many off prior, they wouldn’t be losing their coin on all these severance packages. Just keeps getting worse and worse!

Anyone know how many in HDP were laid off today(3/19)?

This company lays off so many people every year just know this technique to replace people using AI and if they let go people then they can hire new people to get tax incentives for buildings

Are all remote people on the chopping block now? Just heard of people today being laid off that were made remote from site closures.

Does any managers here know around when the June layoff hit? Will it be early or mid month?

Next week? Next two weeks? Right after the Q report?

I can’t say I’m happy about it, just relieved I still have a job. Two people on my team were let go.

Alameda Health System faces a nearly $91.7 million budget deficit. This led to a plan for nearly 200 layoffs and program cuts. The Alameda County Board of Supervisors voted to review the plan. A working group will seek alternatives to the proposed layoffs. Anticipated federal Medicaid funding reductions contribute to the financial concerns.

Alameda, California

https://www.independentnews.com/news/regional_and_ca/tri-valley-spared-in-proposed-health-system-layoff-plan/article_9f2a9087-d894-45a1-909b-4323b1f4d71c.html

Clintwood JOD, LLC issued permanent layoffs earlier this month. The company operates in Eastern Kentucky. Employees received notice on March 9. This followed a temporary furlough from February 24. Unforeseen business circumstances led to the decision.

Pike County, Kentucky

https://amp.kentucky.com/news/state/kentucky/article315101294.html

They cost a bunch right away with severance and other related stuff, and then they hire new people who might be cheaper but are less productive and sometimes need two new employees to cover what one person used to do. How does that somehow equate to savings?

Will Optum Advisory be impacted by the 04/30 layoff cycle? Seems like we have dodged many cycles with minimal impact as we are most of the time pure profit, except people who are on the bench, so they are typically the ones cut if OA does have impact. Any insight for 04/30 cycle?

Although they didn't technically have a layoff of employees and have to report anything, TD did cut significant amount of contractors (approx. 200) last week (03.11.26). . .

Since Charlie Scharf assumed command of Wells Fargo, the company has deteriorated both from a macro and micro perspective. He has laid off staff, the stock has collapsed, and he lacks leadership skills and clients have suffered. Therefore, at the next townhall meeting, a vote will be taken and Charlie should be asked to leave. Then, the firm should be broken up into separate parts and sold. Enough is enough.

Anyone know of RIFs at VP level in IT?

Sorry to all who have to endure today, remember you are strong, you are worthy, chin up! Please add if you are laid off this week, what department, job title, grade and how many numbers if you know. Good luck.

if not get out of the company and sell the stock, your last chance

Stanislaus County faces significant job losses from recent company closures. Del Monte Foods is closing its Modesto fruit cannery, impacting approximately 1,800 workers. Advanced Linen Service in Patterson laid off 89 employees following its sale. First Brands Group also closed its Patterson distribution center, eliminating 98 positions. Workforce development agencies are helping displaced individuals find new employment.

https://www.yahoo.com/news/articles/stanislaus-county-hit-recent-layoffs-000000607.html

It has been discussed by a few here that this could begin this March or early April. Post it here if it does.

BlueOval SK laid off all 1,600 workers at its Hardin County battery plant. Kentucky invested $250 million in taxpayer money for the plant's infrastructure. Hardin County also spent $1.6 million in federal relief funds. The layoffs caused the county to lose an estimated $100,000 to $200,000 in occupational tax revenue. County leaders now face a tight budget for the upcoming fiscal year.

https://www.wdrb.com/news/business/return-on-blueoval-sk-investment-in-question-as-hardin-county-faces-budget-strain-following-layoffs/article_3fe52f65-b368-4698-be81-dcedaec7605a.html

Family Dollar will close its Matthews distribution center. The closure is planned for this summer. A WARN report indicates 373 employees will be laid off. Dollar Tree acquired Family Dollar and faced operational difficulties. Consumer spending has also tightened at bargain chains.

Matthews, North Carolina

https://www.wcnc.com/article/money/business/family-dollar-mass-layoffs-matthews-north-carolina-distribution-center/275-b53b5f5e-18cc-4584-899a-92f491c1c895

WME is conducting its first round of layoffs since the pandemic. The agency is eliminating 30 positions across various departments. This reduction impacts 3% of the total staff. Several talent agents are among those affected by the cuts. Elizabeth Wiederseim and Pierre-Elliott Denizard are named as departing agents.

Hollywood, California

https://deadline.com/2026/03/talent-agents-impacted-wme-layoffs-1236759297/

To be honest id welcome getting released from this pressure cooker, a truly horrible place to work

AI isn't working as well as Mike would like. I hear 2026/early 2027 layoffs are delayed by 6-12 months. Mike is not happy. 115m dollars is being deployed to consultants to "make it work".

BNSF is currently staging transportation department for layoffs, currently doing so under the guise of “business picking up” after just slashing corporate and management for the exact opposite reason. Currently recalling TY&E personnel, including loan outs, back to home terminals, while cutting all 675 and 674 voluntary furlough and ready to work boards, to gather accurate figures of where permanent cuts can be made. This is being done under corporate deception of business picking up, while directly misleading union officers and officials, so as not to cause purposeful disruption in rail services including premature taking of vacation days, exhausting boards, or “lay downs.” BNSF corporate has sent terminal and regional superintendents direct instructions to manufacture a list as to staffing totals, and how to cut total numbers by up to 20% in order to save BNSF 1.5 billion in the fiscal year 2026, with primary cuts occurring in this quarter. Take precautions as nothing only affects BNSF management at the railroad.

Was anyone else recently rebadged as Infinite or told they are going to be rebadged? Also, if you were laidoff, what position?

There may or may not be layoffs that may or may not happen in the near future.

Has anyone noticed an increase in Vteamers posting cringe LinkedIn updates about how their kid’s activity reminded them of leadership lessons (bullet point format with emojis)? This seems to be the way to act post layoffs. It conveys alignment, insights and inspiration to guarantee a front row seat to the greatest transformation of all time. At scale!

Post only if anyone got an email or knows anything about RIF for El Paso

Laid Off by Wells Fargo in My 60s, I Can't Afford to Retire - Business Insider https://share.google/hRpFuSSI6CnVwc7HP

Can we bring back the process of signing up for not-so-distant future layoffs? I know one of you executive committee traitors is reading this.

What does your crystal ball see? Mine

• 2027 RIF
• 2028 Richmond goes to a terminal
• 2029 It's time to talk about increasing shareholder value - Split Upstream from Downstream etal. Separate companies; oh wait that's being discussed in 2026. Hi BR and others.
• 2030 Why do we need people? AI can take over 50% of remaining jobs. Just needs a few oversight chums.

It just feels accountant driven to just maintain/survive - entrepreneurial spirit no longer exists. Growth is gone.

What do you all think?

Lay off emails went out an hour ago. WM clinics in NTX region. PSRs and Ma’s. Could providers be tomorrow before the rally town Hall?

For those of you that were RIF’d or know someone that was, when do they send the meeting invite to let you know?

Any orgs or regions getting a pass?

Good luck to everyone. I'm kinda numb at this point, but I know I'll freak out if I'm laid off.

Anyone else been laid off from Nike over the past year or so and only being contacted by temp recruiters for Nike? It is literally driving me nuts.