#layoffs

I am based out of St. Paul location in BT business team and was just notified an hour ago. Been with the company for 30 years. They offered 1.5 weeks pay with 26 weeks cap. Any others got notified today?

There are rumors of another round of layoffs in July. Is anyone else seeing a pattern where layoffs seem to happen every 3–6 months and reorganizations every 14–16 months, or is that just perception?

Massive DS cuts. Data is new gold I guess. Condolences to those affected hope your package is good

At DXC, "synergy" isn't just a buzzword—it's a religion practiced by middle managers who haven't approved a single decision since 2019 without first escalating it to a steering committee, which then escalates it to a governance board, which schedules a follow-up to discuss whether a meeting is needed.

The performance bell curve is so aggressively steep it's basically a cliff face. Somewhere around the 99.9th percentile, perfectly balanced on the summit, sit exactly two people: the CEO and whichever golden-boy lieutenant he's decided is "strategically essential," each pocketing a multi-million-pound pay bump for vision and leadership the rest of the org has never personally witnessed. Everyone else is distributed along the rest of the curve like sediment, fighting over a 1.8% pool increase and a "thank you for your resilience" email.

The org chart resembles a conspiracy theory corkboard: red string everywhere, nobody quite sure who owns anything, and at least three VPs with "Transformation" in their title who have personally transformed nothing except the breakroom coffee machine, replaced with a worse one to save 4% on facilities spend — savings presumably redirected straight into the summit-dwellers' bonus pool.

Project deadlines run on a unique temporal model where "Q3 delivery" means "Q3 of an unspecified future year," and the only thing that ships on time is the all-hands email reminding everyone "we are one team," sent forty-five minutes after a quiet round of layoffs nobody mentions out loud.

Ask anyone what DXC actually does and you'll get a 20-minute answer involving "digital" and "transformation" that explains nothing, followed by a sigh, followed by them asking if you know of any open roles elsewhere — preferably ones with a flatter curve.

Stockholders have voted in favor of the acquisition! Let the sh-t show resume and the Rifs continue.

Is anyone here affected by Enterprise Security moving over to HCL? What are they telling you about timeline? Are you assuming an eventual RIF from HCL, and what is their severance?

Microsoft employees who are members of unions represented by the Communications Workers of America spoke out against management and the pending layoffs at the Xbox division today.

https://gamesbeat.com/cwa-represented-workers-at-xbox-criticize-microsoft-management-and-pending-layoffs/

When I tried warning everyone to sell at $270, y’all just told me you were buying more.
I really hope it goes back up for you because I still have $9k in it. But I’m ready to call it a loss.
Stock’s already below $100, we’re getting hit with another round of employee cuts this year (remember the “no more big layoffs” promise?), and Srini keeps bleeding the company dry. Insider selling has been nonstop and the shorts are printing.
Some of us saw this coming months ago. The people who got let go tried to tell you. Now we’re all just watching it burn.
How low we going? $99? $80? Who else is still holding and ready to walk away?

12:00 pm and still no emails. Wanted to make an updated thread about the supposed mass layoffs happening today. Anyone get any correspondence today or heard any news regarding NJ offices/SEA operations in general?

Wth! More layoffs?!

We went from working with the vendor’s offshore contractors to now converting them to FTEs and bringing more of them. At the same time, hiring here is being scaled back, and I’d expect local headcount to keep dropping as the India team ramps up. Wondering how you see that playing out.

The orchestra has stopped. The music of reinvent is over, just 5 years after its terrible opening. Now, the cull of the rest of the reinventors who have hidden in the VP roles needs to complete this master opus.

With all the restructurings, layoffs, people leaving on their own, we've lost all the knowledgeable managers who cared about both their people and the company (and yes, it's possible). The ones we have left should be shown the door immediately and 3M should try really hard to bring some of those we lost back if this place is to improve in any way.

That genuinely seems to be the plan. I wish I was joking.

CEO , please work hard to push it below 40 ..LOL

No layoffs again today, tomorrow and Friday are holidays

Looks like all the rumours were not true, nothing happening

Since this platform is anonymous, are any people leaders willing to share what they know? Just give us what you can without exposing yourself.
How many need to accept VSP to prevent layoffs? Will layoffs hit all business lines?
Seeing post after post about closed-mouthed leaders only adds to the anxiety and frustration.
My direct leader offered some words of encouragement but not much else. Her leader, who usually has lots to say about everything has said nothing worth hearing, just the usual emotionally void attitude and gas lighting us to accept all this as normal.
Leadership is playing numbers games, but these are people's livelihoods. We deserve transparency.

Look, we know you're monitoring this website. Shoot, it wouldn't be at all surprising if one of your VPs spent half the day refreshing this... or if you paid someone a Store Director's salary to do the same.

So, seriously, just between us: what's your plan?

We all have families, obligations... pets. We're doing our best to support our campuses, support our teams and continue our lives while you keep doing your best to make those things impossible.

So, again...what's your plan?

Asking for a friend.

Finally gone. Stock should go up

Rivian Automotive Inc. is launching its R2 SUV deliveries. The company expanded its AT&T 5G partnership for the R2 platform. A new ChargeScape deal integrates Rivian EVs into managed-charging programs. Rivian recently laid off hundreds of service and customer operations staff. Despite these layoffs, Rivian's stock trended up by 6.94%.

https://www.timothysykes.com/news/rivian-automotive-inc-rivn-news-2026_06_29/

British American Tobacco is undertaking a major workforce restructuring. Approximately 5,500 positions will be eliminated, and 3,500 roles moved to third-party providers. The company aims to reduce costs and improve profitability through AI and outsourcing. This overhaul responds to declining traditional tobacco sales and increasing regulations. BAT expects to generate £600 million in annual savings by 2028.

https://anz.peoplemattersglobal.com/news/strategic-hr/ai-driven-layoff-one-of-the-worlds-biggest-cigarette-makers-is-cutting-5500-jobs-50587

iHeartRadio initiated nationwide layoffs affecting Des Moines station KXNO. Several longtime hosts were laid off, prompting host Ken Miller to protest. Trent Condon, who bought his airtime, publicly criticized the corporate layoffs. Condon announced his own departure from KXNO, citing "controversial" comments. Neither iHeartMedia nor KXNO have commented on Condon's exit.

Des Moines, Iowa

https://awfulannouncing.com/radio/iowa-sports-trent-condon-out-kxno-layoffs.html

The Communications Workers of America (CWA) union spoke out against anticipated layoffs at Microsoft's Xbox division. CWA District 9 vice president Frank Arce confirmed expected job cuts. The union represents over 3,500 Microsoft employees. Microsoft has experienced multiple layoff events since 2022. Union members demand fair severance, internal placement, and protection against AI-driven job losses.

https://gamesbeat.com/cwa-represented-workers-at-xbox-criticize-microsoft-management-and-pending-layoffs/

Motley Fool Money recently warned investors about "AI washing." Companies may falsely attribute layoffs to artificial intelligence. Many job cuts stem from pandemic overhiring or reduced demand. Genuine AI transformation starts with a clear business problem. Investors must verify specific, measurable AI impacts in company reports.

https://finance.yahoo.com/technology/ai/articles/expert-warns-companies-ai-washing-160407514.html

Yellow Corp. suffered a major loss in its bankruptcy proceedings. The U.S. Supreme Court preserved a finding. This finding requires the company to pay billions in retirement payments. The defunct trucking company also dodged WARN Act liability. This liability was related to its 2023 layoffs.

3 more frac crews layed off this morning
Gore Nitrogen won more bids over Halliburton.
Looks like field camp may be shut down soon

Artificial intelligence is significantly reducing animation production costs. Filmmakers report cost cuts of up to 90% using AI tools. This technology replaces entire staffing layers in production workflows. Los Angeles County's motion picture sector lost 6,700 jobs through May 2026. Studios view AI efficiency as a structural necessity for the industry.

https://finance.yahoo.com/technology/ai/articles/ai-cuts-animation-costs-90-210000466.html

Seeing how the company has treated our peers that were let go, I can honestly say that I do not care about Verizon and I am at the Director level. Knowing I could be let go at any minute I encourage my teams to be just as indifferent as I am as they could be gone tomorrow too. We are all just here couting our days and cashing our checks while doing the bare minimum until it is our turn. This is the monster Verizon has created which is the vicious cycle that has led to the failure that Verizon is today.

Job reductions in the Bay Area tech sector are increasing in 2026. Over 10,000 tech positions have been eliminated this year. The current total greatly exceeds last year's figures. Economists connect these reductions to a wider industry change. Companies are prioritizing investments in artificial intelligence.

https://www.kalw.org/bay-area-news/2026-06-29/bay-area-tech-layoffs-top-10-000-this-year

Two companies plan over 200 job cuts in New Jersey. Automatic Data Processing Inc. (ADP) will impact 76 employees. These layoffs are at its Roseland headquarters. International Paper will reduce 126 jobs at its Barrington plant. All job cuts are scheduled for late September.

https://www.nj.com/business/2026/06/layoffs-to-cut-more-than-200-jobs-at-2-nj-tech-and-manufacturing-companies.html

Temple University plans to cut $60 million from its budget. This action addresses a projected $85 million deficit for 2026-27. President John Fry stated that employee layoffs are inevitable. The university has not disclosed the exact number of affected positions. Previous measures included a faculty retirement program and eliminating vacant roles.

Philadelphia, Pennsylvania

https://community.triblive.com/news/4084054

Topeka Mayor Spencer Duncan confirmed the city does not plan to lay off current employees. Instead, the city will manage costs by leaving open positions unfilled. Some vacant positions may also be eliminated entirely. All city departments, including public safety, will face some level of budget reductions. These budget decisions are based on community feedback prioritizing core services.

Topeka, Kansas

https://www.wibw.com/2026/06/29/topeka-mayor-says-no-layoffs-planned-city-approaches-october-budget-deadline/

The food and beverage industry is experiencing significant layoffs across various companies. These job cuts are primarily due to restructuring efforts, cost pressures, and changing consumer demand. Artificial intelligence is not the main reason for these widespread workforce reductions. Companies like Heineken, Nestle, JBS USA, Del Monte Foods, and BeatBox have announced job impacts or facility closures. The industry is adapting to new business challenges and seeking greater profitability.

https://foodinstitute.com/focus/food-beverage-layoffs-arent-about-ai-theyre-about-industry-reinventing-itself/

Oracle recently laid off thousands of employees nationwide, partly due to artificial intelligence shifts. Central Texas leaders express concern about the future of jobs in Austin's tech sector. U.S. Rep. Greg Casar proposes taxing AI companies to help offset these job losses. Other experts advocate for workforce development and rapid retraining programs. The rise of AI is accelerating a shift towards a more flexible "portfolio economy."

Austin, Texas

https://www.kxan.com/news/local/austin/austin-leaders-warn-ai-driven-layoffs-could-signal-broader-job-losses/

Equip Health reduced its staff by approximately four percent. The digital eating-disorder treatment startup informed employees this week. A company representative cited current market dynamics for the decision. The company seeks to streamline operations and optimize resources.

San Diego, California

https://bhbusiness.com/2026/06/29/digital-eating-disorder-treatment-startup-equip-health-rolls-out-layoffs/

iHeartMedia confirmed new staff reductions across its radio markets. Numerous radio personalities and other staff were impacted by these changes. These layoffs affected employees across many markets nationwide. Several long-tenured individuals, some with decades of service, departed the company. The company cited restructuring as the reason for these changes.

https://ramp247.com/programming/more-layoffs-underway-at-iheartmedia/

International Paper announced plans to close four facilities in the United States. These closures will affect 330 employees across four states. The company will shut down plants in Illinois, California, and New Jersey. It will also cease preprint operations at a Kentucky facility. These actions are part of a strategic effort to optimize its North American network.

https://www.packagingdive.com/news/international-paper-four-closures-layoffs-2026-fiber-production/823945/

We were unexpectedly pulled into a team meeting by our C13 yesterday, which was unusual. After the 50% layoff on June 10, we were informed that the layoffs are not finished. The remaining members of our team are expected to be let go sometime within the next couple of months as the work is being offshored.

We were also told that the remaining KYC functions in the U.S. will be offshored in waves throughout the rest of the year.

The FDA has delayed a decision on Praxis Precision Medicines' rare epilepsy dr-g. The dr-g, relutrigine, treats SCN2A and SCN8A encephalopathies. The agency requires three additional months to review new sensitivity analyses. This pushes the decision date back to December 27. Analysts suggest FDA staff cuts likely contributed to this review extension.

https://www.fiercebiotech.com/biotech/praxis-faces-fda-delay-analysts-point-finger-agency-layoffs

https://medcitynews.com/2026/06/healthcare-moves-layoffs-retirement/