#layoffs

Lucid Group Inc. is conducting its second round of layoffs this year. The electric vehicle startup is reducing its overall headcount. These job cuts affect a small number of Michigan workers. Specifically, the Southfield operations are impacted. This downsizing reflects the company's retrenchment efforts.

Southfield, Michigan

https://www.crainsdetroit.com/manufacturing-logistics/automotive/cdb-lucid-motors-layoffs-20260623/

I understand it’s state-by-state and based on tenure, but what has the latest severance packages looked like for those laid off from our wonderful company? Any information is appreciated.

https://www.ad-hoc-news.de/boerse/news/ueberblick/u-s-layoff-wave-triggers-legal-scrutiny-as-243-000-warn-notices-hit-in/69607720

iHeartMedia is preparing for a new round of layoffs. The company plans to implement a "faster is better" strategy. This strategy involves structural changes within its Programming organization. Existing positions will be impacted by these changes. The exact size and scope of the layoffs remain undisclosed.

https://barrettmedia.com/2026/06/23/iheartmedia-enacting-round-of-layoffs/

Walmart is implementing workforce changes within its organization. This action affects 306 employees located in Sunnyvale. These employees will either be laid off or relocated. The changes specifically impact the Global Tech, Product and Design organization. Job cuts are scheduled to go into effect on August 21.

Sunnyvale, California

https://www.bizjournals.com/sanjose/news/2026/06/23/walmart-layoffs-sunnyvale-june-2026.html

Ssense dismissed staff responsible for visual content production. Around 12 individuals lost their positions. Company management cited rapid AI capability as the reason. AI will now handle a significant portion of content creation. This decision follows the company's court-supervised restructuring.

Montreal, Quebec

https://thelogic.co/news/exclusive/ssense-layoffs-photography-creative-ai/

TrueCar cut 30% of its workforce today. This action followed the company going private last month. Founder Scott Painter led the $227 million acquisition. He also rejoined TrueCar as chief executive. New leadership reevaluated operations before these layoffs.

https://www.autofinancenews.net/allposts/risk-management/truecar-lays-off-30-of-staff-amid-reorganization/

We know someone is reading this...I heard today "this is the last one this year" this is the 3rd time this year I have heard that. That is why you are not trusted. It is that simple. You don't tell us the truth over and over again. This is the last one this year....most dont believe you. Board Members. The execs are not trusted. No exec managers. I know why you tow the company line. You dont want to be next. Grow a pair and stop lying also.

.Lucid Group announced a major restructuring plan. This plan includes laying off approximately 18% of its global workforce. The company will also close its second production shift in Arizona. Lucid's shares fell 3.7% to $5.16 after the announcement. The changes aim to align production with demand and improve cost efficiency.

https://hdfcsky.com/news/lucid-stock-falls-3-7percent-after-major-restructuring-plan

Today Okta announced another layoff of 200 individuals due to poor performance and ai sourcing.

Temple Mall received a city-mandated temporary closure. This action followed the mall owner's failure to fix fire code violations. Many workers across mall businesses face job loss. Dillard's remains open, having separate safety systems. The owner, Kohan Retail Investment Group, has a history of property neglect.

Temple, Texas

https://kdhnews.com/news/region/temple-issues-temporary-mall-shutdown-notice-more-than-100-layoffs-expected/article_02b6bf6b-8c70-59f7-8770-f89e931fba44.html

Can it get any more disrespectful than that?

Financial chicanery doesn't cover up Accidenture's big ugly blemishes... years of strategy chokejobs, all-around leadership idiocy, and reactive Indian bodyshop-style layoffs (woe to those who roll off a project for any reason).

Real leaders deliver shareholder value through organic growth and cost containment, not buybacks of their toilet swirling stock. Employee incentives and enrichment? Long-term operational improvements? Real leadership and strategy? Na! Better to artificially prop up the dog$#!+ stock. Better to make a few high profile acquisitions in search of a rationale at the expense of loyal, long-term employee pay and bonuses.

Do Julie and her so called leadership really believe this toiletpaper thin PR cover-up for their horrible planning and utter absence of strategy is protecting them from accountability? Tick-tock, tick-tock...

Here's how people can push back against this.

If layoffs start happening, and I'm one of the people affected, I fully intend to create a presence on YouTube, Rumble, and TikTok focused on the layoffs at Centene and the broader issues with how the company is being managed.

I'd invite former employees to share their experiences (I am sure I can came right here to get folks to speak out) —what it was like working there, how the layoffs were handled, and examples of poor leadership and mismanagement. If I end up getting laid off, keep an eye out for it. Also if I don't get lay'd off please feel free to use my idea!

The reality is that when enough current and former employees speak openly about their experiences, it creates public accountability. Companies pay attention when their reputation, recruiting efforts, and public image are affected.

We've seen major brands take hits when unpopular decisions became public and consumers pushed back (Bud Light and Gillette). The same principle applies here. It's especially relevant when a company benefits from federal and state subsidies while making decisions that negatively impact its workforce.

There was a time when employees had very little ability to challenge this kind of behavior. Today, that's changed. Social media and online platforms give people the ability to share information, compare experiences, and bring issues into the public spotlight.

When enough people tell their stories, it becomes much harder for leadership to ignore what's happening behind closed doors.

Company-wide/Location Not Specified

• Oracle is cutting 21,000 workers company-wide, with keywords including AI, restructuring, data center costs, and automation.
• Lucid is cutting more than 1,000 workers company-wide, with keywords including EV, cost-cutting, production reduction, and COO departure.
• Ethereum Foundation is cutting 20% of staff company-wide, with keywords including reorganization, leadership exodus, blockchain, and foundation.
• iHeartMedia has layoffs affecting an unknown number of programming workers company-wide, with keywords including programming, strategy shift, decision-making, and innovation.
• Electronic Arts has reported layoffs affecting an unknown number of workers company-wide, with keywords including recruitment, customer support, safety, and IT.
• Wells Fargo has layoffs affecting an unknown number of workers across multiple locations, with keywords including H-1B, reorganization, filings, and banking.

Tennessee

• West Tennessee employers have closures and layoffs affecting nearly 1,900 workers in West Tennessee, with keywords including WARN, closures, layoffs, and 2026.
• An unidentified Brentwood business is closing and cutting 150 workers in Brentwood, with keywords including business closure, layoffs, job loss, and Tennessee.

Massachusetts

• Coca-Cola is closing its Northampton plant and cutting about 175 workers in Northampton, with keywords including plant closure, bottling, WARN, and layoffs.

New Jersey

• Verizon and another New Jersey employer may cut 260 workers in New Jersey, with keywords including WARN, Basking Ridge, employer notices, and layoffs.

California

• Lucid is cutting an unknown number of workers in the Bay Area, with keywords including EV maker, second round, profitability, and layoffs.
• Ubisoft is cutting 93 workers in San Francisco, with keywords including WARN, games, roles, and layoffs.

Arizona

• Lucid is cutting hundreds of workers in Casa Grande, with keywords including EV factory, Arizona, cost-cutting, and layoffs.

Connecticut

• A Bradley International Airport contractor is cutting 100 workers in Windsor Locks, with keywords including airport, contractor, permanent layoffs, and Bradley.
• An unidentified Connecticut employer has announced mass layoffs after losing a prominent contract, with keywords including contract loss, mass layoffs, Connecticut, and Patch.

Kentucky

• Premier Candle U.S. Corp. has layoffs affecting an unknown number of workers in Graves County, with keywords including acquisition, candle company, Mayfield, and workforce cuts.

Michigan

• General Motors has cut 1,000 workers in Detroit, with keywords including EV factory, robots, UAW, and automation.
• General Motors previously had temporary and permanent layoffs affecting 2,500 workers at Factory Zero in Detroit, with keywords including EV factory, temporary layoffs, permanent layoffs, and automakers.

Canada

• Crossley Carpet Mills has issued layoff notices affecting an unknown number of workers in Truro, Nova Scotia, with keywords including carpet, economy, notices, and Canada.

Potential/Unconfirmed Layoffs

• The Senate defense bill seeks to limit future civilian layoffs affecting an unknown number of Department of Defense workers, with keywords including defense bill, cyber talent, protections, and civilian workforce.
• ESPN is reportedly considering mass layoffs affecting an unknown number of workers, with keywords including media, mass layoffs, ESPN, and reporting.
• Nevada Congressman Steven Horsford has proposed an AI-related layoffs transparency law affecting an unknown number of future reported layoffs, with keywords including AI, transparency, legislation, and reporting.
• Federal lawmakers have introduced a bill requiring reporting on AI-related layoffs affecting an unknown number of workers, with keywords including Jacobs, Horsford, Moylan, AI impacts, and Labor Department.
• The U.S. Office of National Intelligence has reported firings affecting an unknown number of workers, with keywords including intelligence, firings, federal workforce, and agency.

National/Other Commentary and Analysis

• Yahoo Tech reports nearly 155,000 tech jobs cut in 2026 across companies including Meta, LinkedIn, Lucid, and Robinhood, with keywords including tech layoffs, TrueUp, 2026, and job cuts.
• TechCrunch tracks major 2026 tech layoffs where employers cited AI, with keywords including running list, tech, AI, and layoffs.
• Business Insider discusses C-suite downsizing at Lucid, with keywords including executives, downsizing, SEC filing, and job cuts.
• MSN lists 15 companies that have said they are doing AI-related layoffs, with keywords including AI, companies, layoffs, and roundup.
• Inc. reports Ikea used AI to grow revenue without layoffs, with keywords including no confirmed layoffs, chatbot, 8,500 workers, and customer calls.
• Supply Chain Management Review reports AI adoption does not match the mass layoff narrative, with keywords including Gartner, AI adoption, workforce reductions, and analysis.
• Bold Journey Magazine discusses bouncing back from job loss, with keywords including job loss, career, layoffs, and advice.
• Tech Policy Press discusses tech union formation amid layoffs, with keywords including union, Meta, AI, and tech layoffs.

Oracle cut approximately 21,000 jobs globally in the past year. This reduction represents about 13% of its total workforce. The company is reshaping its business to focus on artificial intelligence. Deployment of AI technologies led to these workforce reductions. Oracle incurred $1.8 billion in restructuring costs due to the layoffs.

https://www.bbc.com/news/articles/c4gy0x0j5deo

So I was part of the group on March 22 that was RIF’d but then forced to stay working until end of June and then quickly extended until end of August. It seems like the people RIF’d today are done as of today. I want that deal! Trying to stay working on the titanic is brutal and not good for mental health. Who the he-l is making these decisions?

Heard about the layoffs today. I am sorry this is happening to you. Can you kindly share how much severance is FIS giving?

Does anyone know if lay offs are over for now?

Stephen and co. seemed to balance negatives with positives effectively (e.g. being selected as a Medicaid MCO for IL but also losing membership over the next several years.)

Have layoffs settled? Anything we should expect?

What happens if you find another job during the WARN notice period, but before the severance payoff date? What is written into the US agreement?

Finished a major project and they let the last remote guy go today.

But sure, the market l o v e s us...

Bleeding to death...

Got pulled into a call with my manager and told I was laid off with 25min before access was revoked. That's nowhere enough time to handle critical knowledge transfers and other responsibilities. What is the plan when things start falling apart tomorrow, next week, next month? I was leading a critical governance and compliance team, what SHOULD be one of the last ones to get laid off, let alone without any warning or plans.

Lots let go in ITV, many at Sr levels.

Has anyone heard anything about the dedicated teams? Like those who work for BOA or TD,etc. some of those were re-badged but anyone know how they’ll handle it this go ‘round?

Anyone have updates?

I know a few people who'd take it happily, and it could save a few of us who really want to stay.

https://www.cnbc.com/video/2026/06/23/options-traders-buy-calls-in-oracle-following-ai-driven-layoffs.html

Is anybody safe when they start giving out PIPs like candy, more than obviously not based on performance?

I've been watching things deteriorate for a while now and it's very clear it's getting messier and more chaotic by the day. And I don't see it getting better any time soon. I think the best thing anyone can do is walk away. There's no future here.

I'm trying to plan ahead in case the worst happens. What do people do about health insurance after they're laid off? Is there COBRA? Are there other options? I'd really like to know what to expect.

Have you all noticed that London pulled all the funding Michael Neidorff had threw out St. Louis and the surrounding areas? It's not only in Missouri, but in the other states too. This is why we no longer have the website that would give employees tickets to events or why we no longer get the Employee Day at the STL ZOO. I heard she got a new jet and she herself said in one of her "London's Calling" video that she "heard it in the hallways in Washington", where she makes notion that she is always up there rubbing elbows with the government. London used Centene as her personal bank account.

Ingka Group, Ikea's largest retailer, implemented an AI chatbot for customer service. The chatbot handled 47 percent of customer calls, potentially displacing 8,500 workers. Instead of layoffs, Ingka Group retrained these employees for new roles. They now provide premium interior design services, creating a new revenue stream. This strategy generated €1.3 billion in 2024 and avoided job losses.

https://www.inc.com/stephanie-davis/layoffs-workers-ai-ikea-leadership-playbook-grow-revenue/91364108

Just curious for either company with QE approaching, in particular NATL at GHQ.

Will see reductions in my backyard, planned for August. Full scope within MDT unknown.

Pennymac is closing a Tennessee branch. Job cuts are occurring in its direct consumer lending. Difficult financial conditions were the stated reason. Displaced personnel will receive financial separation. Some individuals may move to different company positions.

Franklin, Tennessee

https://www.housingwire.com/articles/pennymac-tennessee-office-closure/