#layoffs

FY2027 layoffs have officially started

Listening to higher ups on their going to this country or that country is ridiculous. Constant layoffs, taking away tools needed for some roles makes it seem like a waste of budgets for the higher ups to be jetting all over the globe. These in person meetings could have been a Zoom and saved $.

Outsider looking in, little odd they’ve had a posting for a position, it disappeared and then less than a week later another is posted. Context being always rumors of a less than stable group over there and some toxic management… had considered applying, but now I’m curious about morale. Anyone know how pay is? Low relative to midland based peers, but still passable?Thoughts?

Wayfair Layoff for Global Partner Retail Enablement was made today. Unsure how many were impacted, but roles across Cross Journey Operations and Analytics were impacted today. Apparently not considered a "RIF" since it was a smaller headcount.

Today I learned I am going to the bench in the US. Been a manager with IBM/Kyndryl for 18+ years and also forced to tell at least 6 of my employees so far they will also be moved to the bench. Bridge has to cut >$5m from the budget, overall CTO much more. Employees impacted in the US, India and Costa Rica as I know currently. All while they hire more VPs and pay huge stock dividends to the execs and tout the company has made the top 100 most loved workplaces that prioritize respect, care and appreciation for employees at the core of their operations..... I don't think so

I've heard the rest of the year will be bad when it comes to layoffs. We won't see a slowdown but the opposite. Can someone tell me I'm wrong? Please?

https://www.sentinelandenterprise.com/2026/06/12/community-healthlink-to-close-127-layoffs/

How many of you wish they were laid off already?

Every time there's a layoff, they let go of the people who've been around the longest and know the most. The ones who can solve problems in five minutes that take new people five days. Then a few months later they realize the work isn't getting done anymore. So they hire two or three people to try to do what that one person used to do. How is that good for business?

My LinkedIn feed has been filled with pictures and comments about how great the Oracle kickoff was in Vegas this week. Followed by posts and repost of great economic news of a record year of sales.

Am I the only one who finds it offensive that in the face of tens of thousands of people laid off since August of 2025 that our former coworkers and executives celebrated what appears to have been an excellent year while those impacted by the layoff, got to watch both big spending in Vegas and outstanding numbers.

I understand they made a big deal out of the fact that partners footed the bill for the most part for SKO, but the optics are terrible and probably not 100% true.

My last comment would be that for rank-and-file employees that do not benefit the same way that say the new CFO , the C-Suite or other senior executives do reposting that material is hilarious. Don’t think you’re anything more than a name on a spreadsheet.

What it really is is just a stark reminder that these types of companies just keep moving. Meanwhile terrible severance packages versus Meta and longtime employees trying to figure out what happened and why they’re on the outside.

The fact that they went forward after all that restructuring with the week that they did says it all!!!

Looks like the DTO LT has been recently informed of the layoffs planned for later part of the year. The DTO LT themselves are in danger as there will be multiple mergers and hence job losses at LC and higher JG levels! Not complaining as I clearly see roles force fitted that need to go. But, it's the 3rd major restructuring in last 2 years that could have been actually done in one go during TOM.
Not sure when will this stop!

Any more insights from anyone about what's going to happen at mid and lower JG levels?

Reports have shown that the average data center has a turn over of 7 years. After 7 years, you either add to, scale out or build a bigger better revamped datacenter. For AI, the estimated average is every 2-3 years at 1 billion (or more) each time.

Companies are now looking for ways to back out of it after already throwing 500 million or more into it without looking like it was a mistake. Dare I say they are using AI in order to try to figure out the best spin control to justify pouring money into AI and NOW trying to back out of it. LOL

Is or does Citi fall into this category? I dunno but I do know that other companies are pumping the brakes just a bit and are looking at exit strategies.

“$DELL NEW SEC FILING SHOWS MORE LAYOFFS ARE COMING

In March we reported Dell quietly cut 11,000 jobs. The new 10-Q covers the 13 weeks after that. It sped up.

$227M spent on severance in 13 weeks, up 75% from a year ago. $242M is already set aside for severance not yet paid.”

The discussion stems from Dell’s latest Form 10-Q, filed June 9, which provides an update on the company’s financial performance and operational outlook. The filing shows Dell recorded $227 million in severance-related expenses during a recent 13-week period. The amount represents a sharp increase from the same period a year earlier.

The company also disclosed that an additional $242 million has been reserved for future severance payments, a figure that has fueled speculation that more workforce reductions could be ahead.

The filing follows reports that Dell eliminated roughly 11,000 positions earlier in the fiscal year as the technology giant continued efforts to streamline operations and reallocate resources toward faster-growing segments of its business.

Alongside the quarterly report, several insider-related filings were submitted to the U.S. Securities and Exchange Commission. Forms 4 and 144, filed on June 8, disclosed changes in beneficial ownership and planned sales of restricted stock by company executives. Another Form 4 filed on June 9 by Silver Lake Group detailed a transaction involving Dell’s Class C common stock.

The workforce-related disclosures come as Dell experiences rapid growth in its artificial intelligence and infrastructure businesses. The company reported that revenue from its data center operations surged 181% year over year to $29 billion. Much of that growth was driven by demand for AI-focused servers, where revenue increased 757%, underscoring the industry’s ongoing investment in AI computing infrastructure.

READ: Dell shrinks workforce by 10% in fiscal 2026, annual reports show (March 17, 2026)

While the filing does not explicitly announce additional layoffs, the size of Dell’s severance spending and the substantial reserve set aside for future payments have prompted renewed scrutiny from investors and market observers. The company has not publicly detailed any new workforce reduction plans beyond the restructuring activities already disclosed.

As Dell continues to expand its AI and data center operations, the latest SEC filings showcase the balancing act many technology companies face as they invest aggressively in high-growth sectors while reshaping their workforce to support those priorities.

https://americanbazaaronline.com/2026/06/10/dell-sec-filing-signals-more-workforce-cuts-as-severance-costs-climb-482584/

Their intentions are clear, they want to replace as many people as possible with AI.

https://finance.yahoo.com/sectors/technology/articles/ai-productivity-gains-precede-expeditors-141311489.html

What a load of Rahul, no growth till 2029, that's a massive 12 years after the birth of DXC, and 6 years after Rahul took over, another 3 years away from now. Rahul thinks his swung another $80 million in pay but Wall Street is never going to buy it that far into the future. Watch the share price at $4.

ServiceNow recently laid off hundreds of employees. This organizational restructuring aligns talent with its AI focus. A source confirmed a three-figure number of roles were eliminated. Affected functions included sales and product marketing. The company continues to invest in AI capabilities and new talent.

https://www.hrkatha.com/news/servicenow-cuts-hundreds-of-jobs-as-company-cites-ai-efficiencies/

With our app counts down, MLA negotiations not going well with one carrier, and backfills not happening, has anyone heard of any more layoffs? A small one seems likely to me after the earnings call.

Guys when we are capable of doing great things then why should we stay here? I literally felt employees here are value less. A lot of changes, every email from Dan seems to be like " Thank you for the work you done till now " . Had already started my preparation. Lets start and let's move.

Eko announced layoffs at its Bentonville facility. The article provides no details on the number of employees affected. It also does not state the reasons for these job cuts. Further information regarding the layoffs was not included. The report is very brief.

Bentonville, Arkansas

https://www.nwahomepage.com/video/eko-announces-layoffs-at-bentonville-facility/11876234/

Lovelace Health System confirmed cutting 43 employees from its workforce. These layoffs primarily affect administrative and support roles. This represents about 1.6% of their local workforce. The health system cited rising costs and a challenging policy environment. They also mentioned shifting payor dynamics as a factor.

Albuquerque, N.M.

https://www.kob.com/news/top-news/lovelace-health-system-cuts-43-employees-amid-challenging-policy-environment/

BAE Systems is cutting jobs in Jacksonville. Nearly 200 employees are affected by these layoffs. This represents about a quarter of the local workforce. The company cited expected workload as the reason. These reductions began this week.

Jacksonville, Florida

https://www.news4jax.com/news/local/2026/06/11/bae-systems-lays-off-nearly-200-jacksonville-workers/

https://www.thelayoff.com/post/@OP+1kryy7b2b

Let's blow that one up.. add your layoff Intel there.

While belk is hanging on by a thread, your trusty CEO Don Hendricks is scooping up and selling multi-million dollar luxury real estate in the exclusive enclave of Martha’s Vineyard. Light years away from his dilapidated stores and underpaid, overworked employees.

Senior management have absolutely no idea how to run a tech company.
They repeatedly try the only playbook they have, which is to cut costs by laying people off whilst paying consultants millions to do their jobs, which seems to be simply latching on to the latest hot topic and hoping that fixes everything.
Here's an idea, why not try actually investing in the businesses you own rather than trying to bleed them dry.
Anyone else notice the number of good senior people jumping ship recently?
How's future forward working for you Stephanie?

Just got word. First RAs (IBM doublespeak for "layoffs", as layoffs have legal requirements and "RAs" don't) hitting today, to continue the next few weeks. 10 people today on my team, with "lots more" expected over the next few weeks. The team I'm in should have been spun off to Kyndryl but we were acquired just late enough that we weren't.

Management thinks it will be as bad if not worse than last year's, and I've been explicitly warned to stop all non-essential personal spending from my boss (who I know well outside of work), even though I'm not on the chopping block.

60% surplus of LRIS guess AR stores are on their own.

Anyone see Fran’s interview?
Where is she getting all the numbers about 75% of the people getting our yard are getting internally placed again? Most instances the reqs are frozen or there’s none to apply to. She is so fake and I can’t believe people love her post.

AT&T is expected to release its official workforce surplus notices on Friday, June 12, 2026, with internal communication and final numbers rolling out through early next week.
Current Notification Timeline Reports from internal managers and ongoing employee discussions indicate the following schedule for this wave of the strategic cost-cutting initiative:
June 12, 2026 (Afternoon): Initial surplus lists and calls are scheduled to be released. Legal and HR will finalize employee rankings based on performance metrics.
June 15, 2026: Under standing Communications Workers of America (CWA) contract terms, third-quarter surplus and layoff declarations traditionally lock in on this date.
June 16, 2026: The first formal wave of notifications is expected to officially launch.
July 1, 2026: Impacted employees are projected to be off the company payroll.
Expected ImpactThis specific reduction is rumored to focus heavily on management, aiming for an estimated 5% reduction in Level 1 Management headcount.
The structural shift is largely driven by ongoing corporate consolidation, real estate footprint downscaling, and operational moves toward regional hubs like Plano, Texas.
Severance and Next Steps: If you are affected by this surplus wave, the standard AT&T severance formula generally offers 1 to 2 weeks of pay per year of service. Represented employees will follow specific union-negotiated severance and placement provisions.

Are there more clinics closing in California? I called my local clinic and they said they were not taking new patients.

Optum Care? More like Optum Don't Care.

One year ago today I was laid off. It was a rough start as I thought i was going to be at Nike for the foreseeable future.
Since then though I started a business and just hit $500k in personal earnings. Not total sales. It’s been wild. Once I let go and just immersed myself in what I always held back from doing things just took off. I’ve made more money than I could imagine and my life is mine. My schedule. I hang out with my kids when I want. Go on trips when we want. Travel. It’s crazy how much I was holding myself back with the “stability” of a 9/5.
I miss the facilities. The people. The happy hours. I work for myself so I don’t have a team. But I couldn’t imagine my life working out like it has when I was at work.
To anyone laid off. Go after it. You’re free. To anyone still at Nike with a burning desire to do something else. Just do it!
Good luck out there.

For those that have been laid off or have heard from people who got laid off, where are people landing?

Centralized all sorts of operations and more layoffs across Interior Division

https://unitewithpriti.co.uk/news/what-the-standard-chartered-layoffs-2026-tell-us-about-where-banking-is-actually-heading/

Intuit announced significant layoffs affecting 3,000 employees. This represents 17% of the company's global workforce. The company attributes these cuts to an AI pivot and restructuring efforts. Offices in Reno, Nevada, and Woodland Hills, California, will close. Intuit also signed multi-year AI agreements with Anthropic and OpenAI.

Mountain View, California

https://unitewithpriti.co.uk/news/intuit-layoffs-2026-why-3000-employees-are-paying-the-price-for-an-ai-pivot/

A coach sued Oakland City University in federal court. She claims the university failed to pay employees since April. The lawsuit aims for class action status for over 100 workers. Another employee also filed a separate state lawsuit. The university announced layoffs and suspended undergraduate programs.

Oakland City, Indiana

https://www.theindianalawyer.com/articles/oakland-city-university-employees-sue-university-for-unpaid-wages

Ideal US Talent Systems Worker OpCo LLC is laying off 1,395 Illinois workers. The Minnesota-based company operates a gig worker platform. Layoffs are permanent and began on May 4, continuing through July 2. This action is due to a business restructuring of its temporary worker operations. Ideal is transitioning customer contracts to a third-party partner.

https://www.shawlocal.com/news/2026/06/10/minnesota-based-gig-worker-platform-laying-off-nearly-1400-illinois-workers/