#layoffs

Dial Books for Young Readers, an imprint of Penguin Young Readers, has closed. Penguin Young Readers confirmed the closure. This action resulted in layoffs and staff reassignments. Three Dial editors moved to G.P. Putnam’s Sons Books for Young Readers. Other employees were also laid off from Viking and Kokila.

https://www.publishersweekly.com/pw/by-topic/childrens/childrens-industry-news/article/99957-layoffs-moves-at-penguin-young-readers-as-dial-imprint-shuttered.html

Goldman Sachs will start a series of small layoffs. These reductions will continue throughout the summer. All business lines within the company are expected to be impacted. This new approach replaces the bank's previous single annual layoff event. Business-line leaders will now determine their own timelines for staff cuts.

https://www.pymnts.com/news/banking/2026/goldman-sachs-replaces-big-annual-layoff-with-targeted-rolling-cuts/

Let's say we survive next week, what's ahead of us in July ?

More general layoffs or entire teams and órga being gotten rid of ?

Are all remote people on the chopping block now? Just heard of people today being laid off that were made remote from site closures.

I can’t say I’m happy about it, just relieved I still have a job. Two people on my team were let go.

So what's the buzz out there on VCG layoffs?

They laid off a whole group of people today, some with over 3 years at the company. If you still have a job I highly recommend you find a backup plan.

This is their way of getting people to leave since they don’t want the black eye of laying off 30% of the workforce they don’t need. Playing chess no checkers. Don’t be a puppet

Also-ran technology, trying to play catch-up to the market leaders, struggling to rank 5th or 6th on a field of 3. All the layoffs in the world won't save them.

A new approach was just announced and it is more upper level with less to do the work. So, the new execs and C-Levels must still have friends they needed to bring with them.

It was asked why so many who actually did work and were great employees were let go - but no answer given. Probably because there is no good answer. The general feeling is they are retaining people who don't question why so much time is wasted, so many useless layers of "management", and/or do little to nothing. They don't want people who want to deliver and help customers - they want to bark orders and people who put their heads down and avoid conflict!

I am not sure where the Humana Board is - but how are they bringing in people with no proven experience at such high levels and letting them bring down the organization?

Crazy, Crazy!!

Are lay offs happening in HDP?

Is layoff happening in omaha location ?

I was in GHQ; let go this morning. Does anyone know how many people total?

It's hard to believe Humana stock has been going down, down.... It used to be $544 three and a half years ago!! You can't say the company is doing great! It used to be a phenomenal company with brilliant and kind people. No more!! This happened in the past three years. Is this still a surprise that HR is letting people go? It's messed up.

In OPTUM we just had two people laid off in our own team. So it is very true

It seems like a smaller one for some reason, but I could be wrong.

Post the tea

Red Storm Entertainment has reportedly undergone significant restructuring, resulting in 105 layoffs. The company is now rumored to have transitioned into a dedicated support studio. This change marks a substantial shift in the development studio's operational focus and workforce. The reported layoffs indicate a major reduction in its staffing levels. This development suggests a redefined role for Red Storm Entertainment within its larger corporate structure.

https://www.gamesindustry.biz/ubisoft-announces-layoffs-and-the-cease-of-game-development-at-red-storm-entertainment

Anyone from Optum insight product? My position was just eliminated as well as my whole teams.

Alameda Health System faces a nearly $91.7 million budget deficit. This led to a plan for nearly 200 layoffs and program cuts. The Alameda County Board of Supervisors voted to review the plan. A working group will seek alternatives to the proposed layoffs. Anticipated federal Medicaid funding reductions contribute to the financial concerns.

Alameda, California

https://www.independentnews.com/news/regional_and_ca/tri-valley-spared-in-proposed-health-system-layoff-plan/article_9f2a9087-d894-45a1-909b-4323b1f4d71c.html

I'm certainly not defending Citi and I'm well aware that a deluge of layoffs or a 'quick tiuchbase" could happen any time but card layoff activity has been low or nonexistent in March. Anybody seeing something different?

Bay Area school districts face significant budget deficits. Many districts are announcing layoffs and school closures. This occurs despite record state education funding increases. Declining student enrollment is the primary cause of these financial pressures. State funding is based on average daily attendance, reducing district revenue.

https://www.eastbaytimes.com/2026/03/19/bay-area-school-cuts-layoffs-closures/amp/

Clintwood JOD, LLC issued permanent layoffs earlier this month. The company operates in Eastern Kentucky. Employees received notice on March 9. This followed a temporary furlough from February 24. Unforeseen business circumstances led to the decision.

Pike County, Kentucky

https://amp.kentucky.com/news/state/kentucky/article315101294.html

https://www.linkedin.com/posts/mike-sicilia1_yesterday-we-reported-a-strong-quarter-with-activity-7437601407475548160-tmwy?utm_source=share&utm_medium=member_desktop&rcm=ACoAAAeLGGkBW58pG8Xam5zgPWFlMFdprjBtEZg

There was a time when leadership here actually cared about people over profits. I was proud to be part of it. Then things shifted and the cuts started coming, one after another, cold and methodical. The message is clear now. People don't matter. Only the money does.

Layoffs are not a strategy. They are a symptom of failed leadership. Layoffs impact millions of people annually, with approximately 19.2 million U.S. workers being laid off per year. Too often, are wrapped in fancy words like “realignment,” “rightsizing,” or “transformation.” But behind these words are real people, employees whose lives are tragically upended. Layoffs don’t just disrupt careers. They fracture trust, morale, and culture. People lose stability, relationships, and sometimes even hope. The real costs? Depression, anxiety, addiction, broken marriages, financial ruin, etc.
Leadership Accountability is missing. Rarely are leaders held accountable for the decisions that led to these outcomes. What about “Layoff Reform” to include mandatory post-layoff principles that prioritize dignity, transparency, and accountability?
1) Treat impacted employees with respect/dignity. Layoffs are personal…if you are laid off
2) Emotional/Psychological severance, like counseling for anxiety, depression, and trauma.
3) Rebuild morale with remaining employees who are survivors, scared, concerned and watching.
4) Public layoff disclosure: number of employees, age, tenure, gender, race, salary, and ethnicity.
5) No promotions during the layoff year. Employee advancement while others are discarded sends the wrong message.
6) Suspend bonuses, salary increases, incentive pay, and stock awards for senior and executive leadership during the layoff year. Leaders should not be rewarded and profit from failure.
7) Companies that conduct layoffs are disqualified/excluded from any “Best Employer” lists for that year. You can’t be the “greatest” while laying off employees.

Anyone knows what are the plans for Warsaw Hub? I haven’t heard any layoffs so far and I am looking for opportunities over there.

Stock has tanked, 10's of thousands of employees on the street, 10's of thousands working off-short for pennies, agile rolled out with aggressive, mandated goals and no asset cap. What's really going on?

A massive reorg is being planned to reduce business units , and consolidate around AI document management systems. Think Content Server + Aviator.

There is one KY manager that is incredibly toxic. They bully their employees by grill them about their decisions, one ups them, and makes them second guess themselves. If I wanted the college studying and "exam" 1:1 life, I'd go back to college. This person is just plain mean and seems to get their jollies off of making employees flustered during 1:1s. I want to report them but am afraid that I would be found out and fired instead. So as of now, we are all just waiting for the hub strategy to mitigate "the problem". I'm tempted by "fight or flight" response to either "lay into them about their bad behavior on their last day" or conveniently "call in sick". That person is a human piece of trash and the second choice may be my best choice.

In addition, I'm very sorry that you all got laid off. You didn't deserve it and I hope you all get better jobs than your previous ones.

Anyone know of RIFs at VP level in IT?

A new CEOWORLD magazine study surveyed 125,000 full-time U.S. employees. Most employees believe return-to-office mandates are "stealth layoffs." 72% suspect these policies aim to cut headcount without severance. Many workers engage in "coffee badging" or seek new jobs from the office. Strict monitoring correlates with lower trust, especially among Gen Z.

https://ceoworld.biz/2026/03/18/report-stealth-layoffs-and-coffee-badging-what-125000-u-s-employees-reveal-about-rto-mandates/

Sorry to all who have to endure today, remember you are strong, you are worthy, chin up! Please add if you are laid off this week, what department, job title, grade and how many numbers if you know. Good luck.

HSBC Holdings Plc is reportedly considering significant job cuts. Up to 20,000 roles could be eliminated over several years. This reduction is part of an AI-led overhaul strategy. Non-client facing roles in global service are expected to be most affected. No final decision has been made yet regarding these plans.

https://www.livemint.com/companies/news/hsbc-layoffs-soon-wall-street-giant-may-slash-20-000-roles-amid-ai-led-overhaul-says-report-11773883152084.html

if not get out of the company and sell the stock, your last chance

Is there any truth to this? This is roughly 10% of the workforce. Heard it was AI related (same as other companies are saying - fire thousands of people to invest in AI).
There is now even a freeze for hiring contractors.
Makes me sick working here.

The Algorand Foundation laid off 25% of its staff. This decision stems from the crypto market's decline and economic uncertainty. The organization stated it was an incredibly tough decision for them. It aims for a more sustainable alignment of resources with its priorities. The foundation remains focused on protocol development and ecosystem growth.

https://finance.yahoo.com/news/algorand-foundation-cuts-25-staff-210002272.html

Stanislaus County faces significant job losses from recent company closures. Del Monte Foods is closing its Modesto fruit cannery, impacting approximately 1,800 workers. Advanced Linen Service in Patterson laid off 89 employees following its sale. First Brands Group also closed its Patterson distribution center, eliminating 98 positions. Workforce development agencies are helping displaced individuals find new employment.

https://www.yahoo.com/news/articles/stanislaus-county-hit-recent-layoffs-000000607.html

The SW Polk Fire District announced layoffs for six positions. This decision follows a failed operations levy in November. The layoffs are scheduled to take effect on June 30. The board plans to propose another operations levy in May. This new levy aims to maintain current staffing and emergency service levels.

Polk County, Oregon

https://www.polkio.com/news/fire-district-plans-layoffs-second-levy-attempt/article_58b84443-d3ee-42f9-aedb-fd001a6d2f18.html