#layoff

I just put in my two weeks after getting the bonus and accepting a new fully remote job that I start Monday. Rick and EC you will not be missed.

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 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

i know of 1 so far but I'm sure there are more. Anybody heard anything?

When??

Is the lack of managerial support a new Humana tactic to quiet fire employees? Have you noticed a lack of leadership? I have and I’m pretty sure Humana is using this new tactic to motivate you to leave.

This potentially makes arm a monopoly, and with Softbank blocking career mobility to Graphcore, things could get very constrained for engineers in the UK

A list is being drawn up of expats that have left owing to the security situation. Expect reprisals.

Had a meeting with my boss who is a band 4, and was advised another round of layoffs is coming in April… does anyone have anymore detailed info as far as departments???

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

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!

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) ?

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.

I suspect it's just notice with no severance payout, but does anyone have experience of this?

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"

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, 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 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 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/

https://www.youtube.com/watch?v=pa5VBV7FjkY

Does anyone know if there are any updates on when this will happen?

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.

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.

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

So, basically your only safe if your a Data Center technician I heard there still hiring?

Waiting for the takeback date? So many are; some context for you, Polish employment laws require that employees be given at least two months notice prior to a layoff. That places the takeback date on or around 05/05/2026 as of today.

Are there any departments impacted by layoffs today?

Medicare UM has been hobbling along, with not enough work, since early January. Upper management says that a "strategic decision" was made to pull out of some "overly costly markets", with an expected 22% reduction in membership. It does not take rocket science to understand that if you reduce membership by 22%, you will need 22% less staff, not including cuts for automation.
We all know the RIFs are coming. What are they waiting on? Just put us out of our misery so we can figure out what we are doing with our lives.

All WF employees should be scared

I just heard somebody say he thinks more notifications will go out today, but I have a feeling he's just being paranoid. It's over, right?

Yall were right! I just got my raise last week and pulled in a meeting to get let go this morning. I am apart of the team that is one of the merger companies. Damn!

Good luck Friday, hope you don't get the 'business update' invite for Monday am. They're coming.

The Pittsburgh Post-Gazette officially informed Pennsylvania of its pending closure. PG Publishing Co. filed a Worker Adjustment and Retraining Notification. The newspaper will cease publication on May 3. All 171 employees will be laid off starting May 4. Block Communications cited significant financial losses and court rulings for the decision.

https://www.pennlive.com/business/2026/03/1-of-the-largest-newspapers-in-pa-informs-state-it-is-shutting-down-171-employees-to-be-laid-off.html

Perrigo plans to reduce its workforce. The pharmaceutical company expects to lay off 7% of its employees. This action aims to streamline operations and enhance effectiveness. The information comes from Perrigo's fiscal year 2025 report. Further details on affected departments were not provided.

https://wkfr.com/west-michigan-perrigo-layoffs/

Last day was 2/20. Already saw my health improve with my BP and stress coming down. My kids see me more and my quality of life without that workload has been wonderful. Universe was good to remove me from that shedshow happening now. Peace out VZ. You were but only a training ground in my career journey. Only regret was I wish I left before I put more than 10 years in.

A ca--abis company is eliminating jobs. Dozens of customer service positions are affected. These layoffs are occurring at a Clearwater call center. The company is described as a ca--abis giant. This constitutes a mass layoff event.

Clearwater, Florida

https://www.bizjournals.com/tampabay/news/2026/03/04/trulieve-clearwater-call-center-layoffs.html

Stanley Black & Decker will lay off 300 employees. This action follows the permanent closure of its New Britain manufacturing facility. Layoffs will occur in five waves, starting in May 2026. Most workers, 287, will be terminated between May 4 and May 18. The company cited a decline in demand for single-sided tape measures.

https://patch.com/connecticut/across-ct/stanley-black-decker-layoff-300-employees-timeline-issued-amid-impending

Kwantlen Polytechnic University is implementing another round of layoffs this week. These cuts will impact unionized employees. The university faces a sharp decline in revenue. This is primarily due to falling international student enrollment. Previous measures included administrative cuts and a hiring freeze.

https://vancouversun.com/news/kwantlen-polytechnic-university-kpu-more-layoffs-enrolment-declines-bcgeu