#layoff

Posts mentioning hashtag #layoff

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Campbell Soup Cuts 205 Jobs in Paris Plant Shift

Campbell Soup is reducing its workforce at its Paris plant. 205 of 568 employees will lose their jobs. This change is due to a plant transition. Soup production at the facility ends May 1. The plant will now manufacture Prego Italian sauces and Pace Mexican salsa.

https://easttexasradio.com/campbell-soup-layoffs/


Oracle Scales Back AI Plans With Layoffs, Texas Data Center Cancellation

Oracle plans to cut up to 18% of its workforce. This move aims to reduce costs and fund AI infrastructure. The company canceled a major AI data center expansion in Texas. This project was planned with OpenAI. Oracle is reassessing its AI capital needs and operational priorities.

https://simplywall.st/stocks/us/software/nyse-orcl/oracle/news/oracle-resets-ai-ambitions-with-layoffs-and-canceled-texas-d


How do you actually focus at work when layoffs are coming and leadership has checked out?

Morale is in the gutter, and leadership clearly doesn’t care about keeping people motivated.
It’s ki-ling my ability to concentrate. Everything feels pointless when your work could vanish any day.
For anyone who’s been through this:

• How do you force yourself to stay productive?
• Do you keep performing at a high level, or just coast until it’s over?

Appreciate any realistic advice—especially from people who’ve survived multiple rounds.


Are layoffs negatively impacting NKE? Don’t think so.

I know there’s a lot of frustration about the layoffs at Nike Corporate, EHQ Tech, and recently Converse, and I’m hearing there may be another one coming in Tech. Layoffs are always tough on people.

But an honest question after 3000+ roles were eliminated, what major capability actually stopped working or broke? It feels like most operations have continued as before which suggests there was significant organizational bloat that likely needed to be addressed.

Ultimately, growth will only return when the product lineup improves. Not by avoiding layoffs.


Layoff and $2000.00 stock

I'm not seeing this in a post. If you already have the $2000.00 in stock and are laid off will you still have it or do you need to bank actively employed for tge 2 year waiting period. I'm on medical leave and don't have access to Worday. They cut my access as usual. I feel once I'm actively employed I'm going to be laid off. TIA


Doosan GridTech Reduces Workforce in Bellevue

Doosan GridTech recently laid off staff. These layoffs occurred in Bellevue. The company was formed in 2016. Doosan Group acquired 1Energy Systems to create it. This acquisition cost over $10 million.

https://www.bizjournals.com/seattle/news/2026/03/05/doosan-gridtech-layoffs-bellevue.html


Lumileds Exits San Jose Manufacturing

Lumileds will close its San Jose facility. This closure impacts 24 remaining employees. The company previously eliminated 61 positions in November. These actions total 85 affected employees. Lumileds is shifting its manufacturing operations to Asia.

https://inside.lighting/news/26-03/lumileds-san-jose-facility-set-close-layoffs-continue


ISNP

Well between RIF and worse strategic attempts to get people to quit with case loads being unreasonable ir putting people in work plans the oregon and WA teams are about dead and gone.

DCO is a soulless id--t. CSMs are pale images of what they had been in past, all the talent and integrity leadership is gone.
At least competitors are coming in


PayPal Layoff Risk for New Hires?

Hi all,

I recently received an offer from PayPal. However, I’ve been seeing a lot of concerns on Blind about potential layoffs, especially with the recent CEO change and stock price drops.

Does anyone know how PayPal typically handles layoffs with very recent hires? Are new hires usually affected in restructuring rounds?

Also, if layoffs were to happen, how soon will be?

Any insights from current or former employees would be really helpful. Thanks!


IBM verification letter after RA action

Hello IBMers - For folks here who received received their employment verification letter for themselves or third party after RA action. What does the employment verification letter date state in terms of last day . For current employees it shows service reference date as start date (same date of hire). When you are separated what does IBM show ..Does the service reference date indicate last date of employment or last day worked or last day before you went on leave (if you were on LOA) ?


Laid off in December. Received email from BNY recruiter about current job openings

I was part of the mass layoffs in December. The other day I received an email from a recruiter about a few contract to hire openings that they felt I’d be a good fit for. They found my resume on one of the job boards that I’m using. I stated that I was part of the mass layoffs and the recruiter stated the were aware and had roles they needed to fill.

It’s sounding like they know they sc--wed themselves and are scrambling to fix it.

What a giant slap in the face.


Severance or Special Payment Received?

Has anyone from the mid January layoff communication received either Severance payment or Special Payment?

Guessing all of this, as well as PTO payout will all come after term date, but just checking because of the language in the agreement:

" ....will be made as soon as administratively practical following the
execution of this agreement by you, but not later than March 15 of the calendar year
following the execution of this Agreement"


This will be massive and broad reaching - How to tell if you're getting RIF'd.

Keep an eye out for a "Important Business Update" appointment scheduled in your calendar on a Monday or Wednesday Evening. If you see that, you will be RIF'd the following morning. Your computer is locked almost immediately after you are notified, so if you have stuff you want on it, disconnect it from WIFI so you can pull off any personal data. To figure out who else on your team is also impacted, try scheduling a meeting with your boss, and all your teammates that day with your calendar tool. That will give you an overlay of availability. Anyone else with 15 minute slots that overlap with your boss's calendar are getting RIF'd that day too. This will be Oracle's largest RIF yet, they are starving for cash and the easiest way to fix that is by reducing headcount - 8% reduction is likely.


Alltrna Cuts 19 Jobs in Third Layoff Round

Alltrna, a Flagship Pioneering-backed biotech, recently laid off 19 employees. This marks the company's third workforce reduction. The decision aims to prepare Alltrna for clinical trials of its tRNA dr-g candidate. After the layoffs, 36 staffers remain at the Cambridge, Mass.-based company. Alltrna focuses on developing tRNA medicines for genetic liver diseases.

https://www.fiercebiotech.com/biotech/alltrna-undergoes-third-layoff-round-entering-clinic-cutting-35-jobs


Prepac Manufacturing Ends Whitsett Operations, 200 Workers Laid Off

Prepac Manufacturing is shutting down its Whitsett, N.C. facility. This closure will result in approximately 200 employee layoffs. The company filed a WARN notice for layoffs effective May 2. Prepac cited high domestic production costs and global competition. The plant was named a key U.S. hub just last year.

https://www.wfmynews2.com/article/news/local/prepac-furniture-to-lay-off-200-workers-at-whitsett-location/83-92b05356-1802-42f4-b304-ab931e5c0739


Oracle Considers Major Layoffs to Fund AI Infrastructure

Oracle is considering laying off 20,000 to 30,000 employees. This aims to generate $8-10 billion for AI infrastructure. The company faces high costs from major AI client commitments like OpenAI. US banks have retreated from financing, doubling Oracle's borrowing costs. Oracle also plans debt and equity raises and may sell its Cerner unit.

https://mlq.ai/news/oracle-eyes-major-layoffs-of-20000-30000-staff-to-offset-surging-ai-data-center-costs/


Watch for your Business update tomorrow

Rumors in the leadership chat are that large layoffs are to begin tomorrow and go through Wednesday. Most groups won't be affected but from what I have heard it's primarily ISG, CSG, IT, and then small percentages throughout other groups. Those who have been consistently lacking in office visits are also being HEAVILY targeted, as well.


Massive layoffs coming..

Most of VPs, AVPs and Directors are su-king all the dollars away from the company. All they do is send and forward emails. Utter waste (Co-pilot is doing a better job) Fire them now and save the real workers before there is no one left in the company.


Apologize for the layoff rumors

I hope the folks who predicted a layoff every week since the last one in November will finally give up and apologize to all current employees for needlessly strirring the pot. It's March and no sings or talk of a layoff. Nada. Zilch. Not one AVP or VP has mentioned anything even remotely related to a layoff. Just because Vz has uhh ndertaken layoff every year doesn't mean we should have another one this year - big or small. Even Dan is more focussed on cost/opex transformation via AI and renegotiating contracts, not via layoffs. Our financial performance/net adds has been stellar and the markets are rightfully rewarding us for that. Our debt profile has gotten much better and with buybacks and a committed dividend, Wall St loves us which will help us in the capital markets to fund other initiatives as well. TMo better watch their backs.

Remember - even a broken clock is right twice a day. Some of you are just that. Stop with the fear mongering