#layoffs

Q&A at Global Town Hall, Geoffisms

• We’re closing sites where people don’t want to live or travel to.
• We don’t have a retention issue.

He needs to make a career change to doing comedy.

I've heard through the grapevine that there are upcoming changes to severance and it's not good. Nobody I've talked to has any more details than that. Has anyone heard anything?

Any news on the June 18th announcement? Does anyone have any more info on how big the layoffs are or how long they expect people to stick around and "transition"?

More rounds of RIFs are coming at FIS, because that’s leadership’s answer to everything. Don’t fix anything at the top, just keep eliminating positions while our stock tanks and employees live in constant fear of losing their jobs. When are the CEO, CFO and other senior leaders going to be held accountable for the absolutely abysmal state of the business?

I hate making this a gender thing - but this feels discriminatory.

I joined Factset in 2022 and witnessed 2 rounds of layoffs. Originally my team had a total of 13 people originally (7 women and 6 men. There were more women in the original team because the team moved from one organization to another organization under the current leader) and now it has come down to 5 people in 2026.

I was impacted this cycle. One interesting thing I observed is that the leader of my group truly hates women. He let go of a total of 6 women and 2 men. At this point the team has 1 woman who is not US based which makes her safe. I don’t know if he’s being discriminatory but I was in really good performance standing due for a promotion for a long time. My manager pushed for it but her manager was not ready to approve. He also let go off my manager who was in really good standing. So I’m very confused… is this discrimination?

Another quarter another canvas for VSB candidates here in the west with no surplus ever being declared.

F you HR people. Just offer ESRO across the board.

Confirmed cuts are coming this fall, although this won't be sudden.

Impacted folks will be communicated that they have X number of weeks to transition into a new role within fidelity or negotiate severance.

Some folks will be given till end of year to figure out their fate.

The list is already in the process and your skip level will communicate the decision to you.

Does anyone know why all of a sudden there is a huge divide between Gainwell and HMS? The messaging at first it was we are one company. These past couple of months it’s been shown we are NOT one and was verbally told to separate from them. You see it in their actions. W are treated like the red headed stepchild! We bring in so much money but we’re treated like we don’t even exist. They never wanted us and that’s okay. Does anyone know if we will be sold soon or the sudden direct change of heart? Is it time to move on?

That tells you clearly that this had nothing to do with performance, and everything to do with a bunch of numbers on a spreadsheet. A very, very stupid move long-term.

I work in the quad, and it seems like everyone is extremely unhappy. Empty eyes as people walk through the skyways. Blank expressions as we struggle to keep our heads above water while doing "more with less."

Everyone is overworked, underappreciated, frustrated to be sitting in a cubicle on Teams meetings because we've offshored so much of our workforce, bitter that raises and promotions are a thing of the past, stressed out because our leaders change direction every few months and want everything immediately but don't give us the time, tools, or people to do it correctly.

I've had friends get laid off who then tell me they're just glad it's finally over, like ripping off a band-aid (or its inferior counterpart, the Nexcare brand adhesive bandage strip).

How long until Bill succeeds in running this place into the ground?

Is this mainly focused on the groups in the “corporate functions” overhead org or all of the embedded functions in the businesses as well? Been hearing the overhead groups already found out last week or week prior not sure about the others.

Don't know how many, but it's happening today.

Are there any layoffs this week for wellmed. We are locked out the computer and cannot get any answers

Paradigm Talent Agency dismissed three agents. Jeff Kolodny, Adam Van Dusen, and Natalie Handelsman were affected. Kolodny and Handelsman were talent agents; Van Dusen was a TV Lit agent. The agency characterized these as selective adjustments during expansion. Paradigm recently added eight new agents in various areas.

https://deadline.com/2026/06/paradigm-layoffs-impact-three-1236940364/

Prudential Financial is laying off 53 employees on July 17. This action is part of ongoing restructuring under CEO Andrew Sullivan. The company has issued several layoff notices since July 2025. The company aims to strengthen its business for long-term growth despite issues in its Japan affiliate. The Japan affiliate's new sales suspension extends through late 2026.

Newark, New Jersey

https://insurancenewsnet.com/innarticle/prudential-announces-more-layoffs-as-insurer-continues-to-restructure

Portland State University faculty rallied on Wednesday. They protested against dozens of potential layoffs. The university plans to cut 52 positions. This action addresses a $35 million deficit. A final decision is expected later this month.

Portland, Oregon

https://www.kptv.com/2026/06/04/portland-state-university-faculty-rally-stop-dozens-potential-layoffs/

The University of Maryland, College Park, laid off 84 employees. School officials cited increased energy costs and reduced federal funding. The university also lost $104 million over the past three years. A union representing employees called the decision unacceptable. No further layoffs are currently anticipated by the university.

College Park, Maryland

https://marylandmatters.org/2026/06/04/umd-lays-off-84-employees-amongst-period-of-uncertainty/

downplaying inflation and saying unemployment is all time low. all i see and hear around the country are people getting laid off and cant afford to take care of their families

Recent public health layoffs are causing many epidemiologists and infection prevention professionals to seek new jobs. These professionals are now looking for roles in acute care settings and hospital-based positions. A recruiter noted a significant influx of these individuals into the infection control field. Hospitals consider prior clinical experience when determining infection prevention salaries. Specialized recruiters help organizations find qualified candidates by thoroughly vetting applicants.

https://www.infectioncontroltoday.com/shorts/transitioning-public-health-layoffs

Maverick Gaming plans employee layoffs. These layoffs affect three company casinos. Mountlake Terrace's Crazy Moose casino is affected. Its operations are in western Washington. A state notification confirmed the job cuts.

Mountlake Terrace, Washington

https://www.edmondsbeacon.com/stories/fff,179554

Massachusetts reported over 5,500 layoffs through May 2026. These job cuts were announced via WARN notices. Dover Saddlery, Christianbook, and Cardinal Health are among those affected. Dover Saddlery plans 112 cuts, Christianbook 50, and Cardinal Health 58. The state's April unemployment rate was 4.7 percent.

Massachusetts

https://patch.com/massachusetts/across-ma/major-job-cuts-hit-massachusetts-2026

Plastics packaging companies announced several closures and layoffs in May. Amcor Rigid Packaging will lay off 56 employees in Fort Worth, Texas. Hilex Poly plans to close its Richmond, Virginia, plant, affecting 118 workers. Origin Materials is shutting down operations and reducing its workforce. Henkel also announced the closure of its Oak Creek, Wisconsin, adhesives facility, impacting 57 employees.

Fort Worth, Texas

https://www.packagingdive.com/news/may-2026-closures-layoffs-amcor-rigid-packaging-hilex-poly-origin-materials/821820/

The Star Tribune Guild is opposing planned layoffs at the newspaper. Management announced cuts affecting 15 percent of its workforce. This reduction impacts approximately 65 jobs across departments. The Guild views these layoffs as a direct attack after a Pulitzer Prize win.

Minneapolis, MN

https://patch.com/minnesota/minneapolis/mn-star-tribune-guild-vows-fight-layoffs-after-pulitzer-win

Maryland reported 3,452 layoffs in the past three months. These job cuts occurred between March and May. This period represents 74% of all affected workers in 2026. Key sectors impacted include transportation, federal contracting, and healthcare. Overall layoffs in 2026 are lower than the same period last year.

Maryland

https://patch.com/maryland/across-md/md-layoffs-top-3-4k-recent-months-major-closings-job-cuts-hit

Virginia experienced a notable rise in job losses during early 2026. Statewide, 4,838 layoffs were announced by May 31. This marks a 29 percent increase over the same period in 2025. Ideal US Talent Worker OpCo reported the largest single layoff, affecting 776 workers. Staffing, distribution, and manufacturing sectors experienced many of these job cuts.

Virginia

https://patch.com/virginia/across-va/va-layoffs-spike-2026-store-closures-job-cuts-hit

Whisk-y House of Kentucky laid off 22 employees. This cut impacts about 30% of its workforce. The Elizabethtown facility now runs at 60% capacity. Slower spirits demand caused this production reduction. The company offers severance, benefits, and job placement assistance.

Elizabethtown, Kentucky

https://www.wdrb.com/news/business/whisk-y-house-of-kentucky-layoffs-impact-employees-at-elizabethtown-facility/article_58587a96-5a30-46e7-b5c9-17bcd982b43b.html

A job fair has been scheduled. It will take place in Gibson County. This event follows recent OCU layoffs.

Gibson County, Indiana

https://www.14news.com/video/2026/06/03/gibson-county-job-fair-scheduled-following-ocu-layoffs/

DXC is too morally bankrupt to actually do a layoff where they would have to pay severance packages. Instead HR goes around trying to find low performers on the sales team ( which is basically the whole company) and they put them on PIPs. Even if you make the PIP. They then put you on a new one. Constantly moving the goal post. They also lie on the documentation. These people are bottom of the barrel sc-mbags

Greenfield Community College balanced its FY27 budget. This effort significantly reduced projected layoffs. Three non-unit management positions were eliminated. No union-represented staff positions were cut. The college also left some vacant positions unfilled.

Greenfield, Massachusetts

https://www.wwlp.com/news/local-news/franklin-county/greenfield-college-balances-budget-minimizes-layoffs/

So now, instead of mid years, we can all expect two required check-in meetings both to occur in june and july.

No feedback is solicited from the employee for this, and your manager can only rate you as 'meets' or 'does not meet.' There will be a dashboard about how you are trending based on no metrics available for the general population to see.

In the stacked ranking world that we all still live in they have removed exceeds and consistently exceeds because those don't exist anymore. As for consistently does not meet, you're just sh--e out of luck and fired. Instead you either fail, or you're acceptable.

No path to improvement, no mention of coaching or development. Just a very easy way to get rid of people not liked. It does not help. The article is written like sh--e and probably using m dash prompts because its incoherent, just like me. Fu-k you, WF.

Ford and Lincoln in major decline, other manufacturers are not. From tge DN:

Ford Motor Co.'s U.S. sales declined almost 14% year-over-year in May, despite the introduction last month of employee discounted pricing for all.
The Dearborn automaker cited the discontinuation of the Ford Escape and Lincoln Corsair crossovers as well as reduced daily rental volumes for the decline. Without those, Ford said sales would've been down 1%, according to the company.
Cox Automotive Inc. ahead of the results was forecasting a flat May for the industry resulting from low consumer confidence and higher gas prices balanced by stock market growth and larger tax returns. With Ford discontinuing a few models and its next major vehicle launch not happening until 2027, analysts had forecast the automaker would struggle to keep pace in 2026.
The best-selling trucks in the United States, F-Series pickups and cabs, fell 13% as the company still works through limited inventory from an aluminum shortage stemming from multiple fires last fall at a supplier. The smaller Ranger fell 23%, and Maverick rose10% to a May record with its best sales month for its hybrid version. The Transit commercial van grew 4.2%, including a 22% decrease for the electric version.
Ford SUVs fell 21%, though large SUVs still are marking their best start to a year in 25 years. Explorer grew 8.8%, and Bronco rose 5.2% to a May record. But Bronco Sport dropped 8.3%, and Expedition declined 24%, though it had its best monthly retail share in six years. The electric Mustang Mach-E fell 44%. The Mustang coupe declined 1.8%.
Lincoln sales also declined 21% with all models down: Nautilus at 7.6%, Aviator at 6.1% and Navigator at 10.8%.
Ford is offering employee pricing for all through the July 4 weekend to mark the 250th anniversary of America's founding. The automaker in 2025 had a similar promotion through the summer in response to uncertainty created by new tariffs introduced by the Trump administration.
In May, Subaru Inc. reported U.S. sales were up 10%, Hyundai Motor Co. Ltd.'s increased 3%, Kia Corp.'s rose11% to a monthly record and Mazda Motor Corp.'s rose 35%. General Motors Co. and Chrysler and Jeep parent Stellantis NV will report second-quarter sales in July.

With token pricing increasing dramatically, AI solutions are going to be too expensive. We'll end up using real AI - another Indian.

Exactly this. CEOs are finally realizing that the moment AI stops being subsidized through subscription, its cost becomes way too high to justify. So they'll go back to the previous solution, which will be more outsourcing. Either way, we're the ones getting sc--wed.

And if so, any ideas on what's going to get hit?

I think once everyone learns that FT, who is a large client, is dropping the contract and going with a different company the stock will fall even lower. Well into the 30s. How can you have confidence in the company if they constantly get dropped by clients?

So grateful for those who are sharing information about upcoming layoffs and potential dates, etc.. At the very least, it gives employees a chance to be prepared. Living with the unexpected has become normalized. Executive leadership does not care how this affects productivity and morale. With a stock price that closed at $40.88, you would think that they would lean in hard to any advantage, like, you know, talented staff whose favor had been curried by their support. Question: thought that TPO had been laid off, but for Bob. He sure must be busy these days.

My schedule has gotten slow in June and and only a few members scheduled for July

Any Housecall layoffs occurring??

RIFS, PAY CUTS, YOU KNOW THE DRILL .....

Which teams are going to hit harder ?

I really hope I get selected this layoff wave otherwise I’m thinking of quitting. Anyone else feel the same? I was planning on waiting till next year but I don’t think I can make it.

103 million verdict cause Liberty Mutual laid off due to a ge and forced some to retire. Got rid of good and loyal workers. Read article sounds like what happened to us.