#layoff

Posts mentioning hashtag #layoff

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A complete massacre at Ansys France

The layoff plan was finalised in France and it’s a massacre that targets mostly engineers and surprisingly not too many corporate functions. Even products that are supposedly in priority has not been spared and people with domain knowledge have been impacted. In my 18 years at Ansys, I have never come across such levels of insincerity and misdirection.


What did they expect?

After the merger they got rid of all the leadership that made the company successful, and replaced it with a toxic leadership from a dying company (Sprint), and adopted it’s failing models for annual layoffs.

Fast forward to today, we’re not growing anymore. The stock is tanking, and they’re tightening the grip for in office (will be monitoring/micro managing for at least 8 hours/day for 3 days/week).

Do they really think this will make employees work harder? You would think that they would want to make it more pleasant to work here after decimating the culture, but no, they’re making it worse. Where did they get their leadership training? Any id--t would know that the people are what make the company successful, not a leadership lineup with visions that change every few years with.

Good luck trying to make me work harder or above and beyond. Sure, I’ll be in the office twiddling my thumbs and watching videos on my phone. You took away any incentive for me to go above and beyond.


Layoff running totals based on Slack

Tracking participants count #general Slack channel in Oracle One workspace, as the fastest available proxy indication of ongoing layoffs.

  • mar01-mar31: 12446 layoffs, and 844 additions (based on Slack regular tracking)
  • feb01-feb28: 943 layoffs, and 1143 additions (based on Slack regular tracking)
  • jan01-jan31: 1604 layoffs, and 1834 additions (based on Slack regular tracking)
  • dec01-dec31: 1031 layoffs, and 844 additions (based on Slack regular tracking)
  • nov01-nov30: 1614 layoffs, and 1327 additions (based on Slack regular tracking)
  • oct01-oct31: 2504 layoffs, 1762 additions (based on Slack regular tracking)
  • sep02-sep30: 6275 layoffs, 861 additions (based on Slack regular tracking)
  • aug14-sep01: 733 layoffs (based on Slack very few data points)
  • aug01-aug14: ?2900 layoffs in IDC (based on media reports)

Regions outside IDC and NA usually have a significant delay when laid off people are disconnected from Slack (e.g. 1 month in Pacific regions, perhaps longer in some EU countries), so this is a floor estimate with additions reflected immediately, but reductions lagging behind on average.

What is called "layoff estimates" are partially part of normal attrition, limitations are covered in details in comments.

I will post daily in comments on the count change and running current month total while this post is still on the first page.


Individuals exiting Alcon, voluntary or involuntary?

Can anyone comment on what, if any, is Alcon's "package" for employees who they would like to, or decide to, get rid of? Not people impacted by a structured RIF or layoff like we just had. Just those "one off" exits that happen all year long.

That could be PIP'd and fired, or outright fired for performance (not cause). Or "encouraged" to leave: can the employee "negotiate" an exit?


Starbucks Plans North American Store Closures, Job Cuts

Starbucks announced plans for store closures and layoffs. Approximately 900 non-retail positions will be eliminated. An undetermined number of North American stores will close. The company aims to improve financial performance and customer experience. Affected employees will receive severance and support packages.

https://patch.com/rhode-island/across-ri/starbucks-plans-store-closures-layoffs-what-know-ri


Poundstretcher Seeks Rent Cuts, Avoids Job Losses

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/


Miserable Severance Payoff

"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


Allied Group LLC Cuts Over 150 Rhode Island Jobs

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


Novo Nordisk Reduces Bloomington Workforce by 400

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 Announces Severance for US Employees

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 Cuts 491 Washington State Jobs

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/


Novartis, Labcorp Announce New Jersey Job Cuts

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/


One Year Away From Retirement

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 Union Opposes Budget Cuts, Officer Layoffs

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


Slack glitches the day before Layoff

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.


Oracle like massive layoff will never happen at Cisco

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.


Getting ready to close the sale

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.


On Reddit: Wells Fargo not giving severance $? Link included in text

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/


Building Got Demolished With Employees In It

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


Pennsylvania Businesses Close, Hundreds Laid Off

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 Closes Fond du Lac Facilities

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'm okay with this

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.


Laid off at NetSuite

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.


Walmart Announces 111 Layoffs, Matteson Facility Closure

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/


LMAO

"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."