#layoff

My direct either has a fetish for Victorian English or they are using weird prompts in AI. I kid you now, it feels like it was written as if he were going to be laid off anyway, It was great! Stupid and great. Though I guarantee he had no clue what half the words meant.

So the HR management call happened about the upcoming pay and performance week and some interesting but not shocking news. Apparently, with the restructuring in the career architecture and demoting everyone to lower titles, this also includes new lower pay scale bands for those titles and roles. So if you were a person who was previously in a role that now has been artificially demoted with a new salary band that is lower than your current salary, you will not be eligible for a merit pay increase because you’re outside the band for your new title. Just another way to squeeze people and not reward them for good performance. Comment on this if this turns out to be true next week.

All we know is that at least 150 people will be laid off. No details on departments, no official confirmation.

My source is never wrong. And feels like this year will be big. That second part is an opinion.

If you’re part of the 2/19 layoffs with a final termination date of April 25, how many weeks severance are you receiving after April 25? The documentation shows minimums for each band level. For example 16 weeks min for Band 4. Have other Band 4s all received 22 weeks or does your number of years at Cigna add on (in pairs of 2 weeks) to the 16 weeks?

Thank you!

Layoffs are happening, I wonder how many more people are getting the boot.

Are the internal positions given to RIF-ed employees over other internal candidates? I have applied to a handful of new internal postings in recent weeks but only a few days go by and I get the "we're going with another candidate" email. I am fully qualified for these positions so I have been surprised to not even get an interview. I also know some positions are posted and they already know who the position is going to but that can't be for every single one of these postings.
And yes, I know, why are you applying to internal positions, this company is terrible, blah, blah, blah but I am trying to get a different position/title to better position myself to move to a different company in the future if I see fit or becomes necessary.
Also note, these positions I am applying to are only 1 pay grade above where I am.

Rumors that there will be layoffs next week in S&T…any idea which teams?? which locations?? Will there be a stay at home email?

Tell us what you know pls

Rumors of EAA layoffs...rumors

Iowa Democrats sent a letter to Whirlpool Corporation. They urged the company to reconsider planned layoffs at its Amana plant. Whirlpool announced 341 employees would be laid off starting March 9. Democrats cited state investments and company growth in Mexico. The company stated the layoffs are part of a modernization plan.

https://iowacapitaldispatch.com/2026/02/26/iowa-democrats-urge-whirlpool-to-reconsider-layoffs-at-amana-plant/

I think many people do not get it - AI will impact many jobs for the simple reason that in the past 30 years we created lots of so-called bullsh-t jobs and many of you are doing them. And AI will ki-l those, but that is ok. Personal assistants, auditors, project managers, Excel monkeys, recruiters, HR, etc. to name a few - all will be gone soon.

A colleague of mine was fired yesterday. 6 months to retirement, but they fired him paying a severance package.
How does this make sense?

He was let go by a new manager appointed recently (6 promotions in 5 years - yeah, its possible) who doesn’t even know what my colleague does and how complex&important is his work.
No replacement, no time for handover.

And we got motivational speeches from a new manager.
I can’t believe its happenning, feels like being inside of ‘The Office’ sitcom, only its not funny.

Looks like Toledo Refinery is being prepared for layoffs. A number between 20-30 has been suggested. Some individuals have already left although voluntarily. Any idea what groups will be targeted?

Strong rumors from a couple of leads of an upcoming round of layoffs at the end of the first week of March. Any insights? Any ideas?

Two questions about severance, US based. Assume your current position is being eliminated and you would be normally eligible for a special severance.

1) If you apply for a job, realize you do not want it and get an offer, do you forfeit severance?

2) If you apply for a job, realize you do not want it and withdraw your application before getting an offer, do you forfeit severance?

I think you forfeit it on 1, since an offer was extended, but I am not sure about 2, since no offer was extended.

Just curious.. should I have my stuff in a box ready to walk out anytime? Really hoping to get lucky on 3/3!

I might be out of a job right now, but being let go from that toxic dump was honestly a gift. The culture was so fake and draining. I'd rather struggle financially than ever go back to that atmosphere.

About a year ago, I think. He was randomly chosen by an algorithm. So much for being loyal to this place. Anyhow, I was wondering if anybody knows what happened there? Did he get his job back due to bad press or not? All the major cuts lately made me remember him for some reason.

Macy's announced plans to eliminate 79 jobs across New Jersey. These layoffs will affect employees in fragrance, fine jewelry, and cosmetic sales. Cosmetic beauty merchandisers and brand experts are also impacted by the cuts. This action is part of the company's ongoing restructuring and turnaround program. Macy's is offering severance and transition support to affected staff.

https://www.courierpostonline.com/story/money/business/2026/02/26/macys-layoffs-nj-fragrance-cosmetics-new-jersey-stores-cherry-hill-deptford-mays-landing-mall/88860828007/

All employees receive three 8‑hour holiday days each year. My supervisor advised me to use all three, and mentioned that if I don’t use them, I will lose them. I’m unsure whether she was simply reminding me about the policy or implying something else, such as a possible layoff, by encouraging me to use the remaining holiday hours.

What do you think she was trying to say?

I'm just wondering, in case I'm hit next time. Is it immediate, next pay period, or even later?

Legends Hospitality LLC filed a layoff notice for View Boston. View Boston's restaurants will close on April 21, 2026. This action affects at least 41 employees. The workforce reduction takes effect April 22, 2026. The company plans to expand event space and new offerings.

https://www.wcvb.com/article/view-boston-restaurants-closing-april-21-notice-filed-for-layoffs/70515824

The Oakland Unified School District board approved significant layoffs. Over 400 positions could be affected by this decision. The district faces a large budget deficit. These cuts impact various staff, including counselors and nurses. Layoffs will begin next school year.

https://www.ktvu.com/news/oakland-school-board-approves-400-layoffs

I just heard 2nd hand from top brass that layoffs are coming and very soon. Be prepared.

What's going on today? Security hanging out in work areas. This only happens when people are being let go

For those getting RIF notices this calendar year, I.e. not those notified in Nov last year… how are your severance benefits? I got my update and it’s not the same compared to the Nov benefits. Especially the stock vesting… I didn’t get my stock to continue to vest as per original plans. It’s prorated and that means I lose out on the next two years worth of stock vesting. Discrimination at its best. Please share if you have any updates.

3 layoffs in close to 4 years with more possible depending on the outcome of 2026 registration numbers. Having trouble like other health insurance companies. Steer clear for a while unless you have no choice.

Heard there was a large chunk of users primarily former allina people gutted. Anyone know if it went beyond them?

Why March 3rd?

If your name is picked for layoffs, can you ask if you can get some time to try out applications for other teams ?

I know that FAANG has this policy. Curious if Dell does too.

This might help those who cannot get jobs elsewhere or might not want to relocate.

To the HR and/or legal representatives assigned to monitor this thread...maybe float the idea of an early retirement package option. For example, offer 5 years of age and tenure in exchange for early retirement. I wager you'd get a few takers and thus reduce the burden of another involuntary force reduction.

Good luck

An Albertville, Alabama lumber facility will cease production. This closure affects over sixty employees. Southern Parallel Forest Products Corp. owns the site. Parallel Lumber Group holds ownership. A WARN notice confirmed the plans.

https://www.montgomeryadvertiser.com/story/news/local/alabama/2026/02/25/al-lumber-plant-announces-closure-and-layoffs/88839106007/

Anyone know when the round is coming that James spoke of in the all hands , he said "we still have 150 million to go to right size the company "

Does he mean in fy 26 or fy 27? Will they wait for the new CEO to do it ?

Read an article on our proposed acquisition of Schroders.
https://alternativecreditinvestor.com/2026/02/13/schroders-deal-costs-to-weigh-on-nuveen-profitability-says-moodys/

From the article

Moody’s has downgraded its outlook for both TIAA and Nuveen from ‘stable’ to ‘negative’, citing the anticipated credit impact of the acquisition.

The ratings agency said the TIAA downgrade reflects anticipated weakening of its financial profile, resulting from the high cost to finance the acquisition. This will increase leverage, reduce capital adequacy, and heightens execution and integration risk associated with the transaction, it said.

Moody’s also noted that “despite the complementary nature of the European asset management target and its potential to bolster Nuveen’s market position and earnings diversification, the acquisition lies outside TIAA’s core higher education pension business”, which is another factor in its decision to revise down the outlook.

With all the layoffs and firings, one has to ask whether our EC is competent enough and whether we have the resources to pull this off. It seems risky. This is about to be a big expensive mess.

Is it done for Feb?

Will there be layoffs in 3rd or 4th quarter after RTO attrition and after-bonus retirements? I’m thinking the aforementioned won’t be enough to avoid layoffs.

As we just had layoffs the other day, do we expect to have layoffs in another three months? There’s a rumor of restructuring at the end of may which would coincide with this. Anyone else heard of this?

Read an article that there was 1320 employees laid off this past Friday...is this true?

Healthcaredice.com posted an article about Cigna’s recent announcement of cuts that affects worldwide employees…yeah right. Meanwhile, they’re actively hiring EMPLOYEES in India.

• Cigna plans to lay off roughly 2,000 employees, just under 3% of the company’s workforce, to cut costs by the end of February.

Speak with your Congressional Representative, I have. They will be looking at this. The number of jobs leaving America is egregious. What economic path will our children have?

https://www.healthcaredive.com/news/cigna-layoffs-2000-workers-worldwide/811844/