#layoffs

Four Wisconsin companies filed layoff notices. These notices impacted 311 workers. The filings occurred during May. The actual number of employees losing jobs is less. This information was reported on June 2, 2026.

https://www.jsonline.com/story/money/business/2026/06/02/us-cellular-cree-lighting-others-announced-layoffs-in-may/90266782007/

Fifth Third Bancorp will close 75 Michigan locations. This action follows the company's acquisition of Comerica. Layoffs are expected, but the company prioritizes moving staff to other roles. The closures and brand transition are scheduled for Labor Day weekend. An earlier notice indicated 502 layoffs at a separate Comerica campus.

https://www.woodtv.com/news/michigan/fifth-third-leader-some-layoffs-likely-as-75-michigan-branches-close-but-situation-fluid/

US job vacancies showed a notable increase in April. The number of available roles climbed to 7.62 million. Job separations decreased to 1.69 million. This suggests a robust labor market. A single sector, professional services, drove most of this rise.

https://www.spokesman.com/stories/2026/jun/02/us-job-openings-jump-to-nearly-two-year-high-as-la/

Merck & Co. is reducing its New Jersey workforce. Eighty-eight employees at its Rahway headquarters will be affected. This action is part of a multiyear $3 billion cost-cutting plan. Merck previously confirmed 6,000 global job reductions. The company plans to reinvest savings into new product launches.

Rahway, New Jersey

https://www.fiercepharma.com/pharma/merck-shrinks-headcount-88-nj-3b-cost-cutting-scheme-rolls

Heard a mass layoff is coming to VCG.. Anyone has any info ?

https://www.foxbusiness.com/economy/top-ceos-brace-downturn-warn-us-economy-worsen-in-next-6-months#:~:text=Only%2015%25%20of%20CEOs%20say,felt%20that%20way%20last%20quarter.

Not shocking however predictions show more layoffs across the economy and that is really not good for anyone regardless. Salaries likely not going up much either.

As we know big companies are already laying off people for AI. What about companies like Cigna? Is it matter of time before they use AI as the reason ?

Is there anybody out there that has any insight they’d be willing to share about this department in terms of a timeline for impending layoffs?

Follow the layoffs from May 28th, what are the next areas of Optum that will be impacted on the June 25th RIF?

After 20+ (mostly hellish, but somewhat productive) years at Centene, I had the misfortune of being re-orged under a Sr. VP that had no idea what anyone's background and contributions had been over the decades, so I and some others were shown the door in layoffs a couple months ago. I came across this article today that lays out perfectly how the last 20 years have been for a lot of us:

https://www.msn.com/en-us/news/world/gen-x-doesn-t-want-to-work-and-their-reasons-actually-make-sense/ss-AA1VYmbT?ocid=msedgntp&pc=W069&cvid=6a1dd379fcb443ba814542eb7b86d0fe&ei=107#image=1

Slides 16 (Corporate Culture Prioritizes Appearance Over Measurable Results) and 19 (Performance Reviews Emphasize Arbitrary Metrics Over Actual Contributions) really hit home, especially this from slide 16 - "Elaborate presentations mattered more than project outcomes. Workers who delivered results efficiently got overlooked while colleagues who mastered workplace theater earned promotions."

I have never seen a company waste so much time and money on worthless slide decks that are forgotten immediately after they are delivered. If you totaled all the wasted manpower in terms of the salaries of the people that had to drop everything they were doing to work on a deck for some muckety-muck that was coming to town or wanted an update on something, I would venture it is in the hundreds of millions of dollars in wasted salaries over the life of the company.

Anyway , time to get back to figuring out how I want to spend the rest of my career. I promised myself it would be doing something that provides meaningful, measurable, tangible results, so going back to Centene is off the table.

The digital witch convert TS, the human first departament in a fu-k.. jungle , micromanagement everywhere, failed projects and remember stock $$ is not because of you !
Silent rifs are on going...

I do not care about layoff but do not want my SNPS stocks go down too much.

Anyone else finding their All Hands from Director, VPs, SVPs keep getting cancelled for this month? Getting a bit worried here. Fusion. Must mean a re-org or more layoffs given how often it’s happening.

Anyone else on this complete waste of time call wondering if they will ever actually address the REAL concerns were having... (ie job security, layoffs, etc)

Site in Limerick has lost it's buzz entirely. First time I've actually felt an unease about it's future & I remember the 2009 cull.

I am working on the consent order and most of my engagements is done after the end of this month. It’s hard to feel confident I will still be employed next month. Does Citi historically layoff staff in July?

Infosys is the absolute worst. None of the promises have come to be. They have no idea of what they are doing unless the goal is to destroy the business by running off customers due to their terrible performance. They are extremely difficult to communicate with and they lack basic critical thinking skills. Finally they are lazy and lack any sense of urgency. I wish I would have received a severance package because this nee reality is agonizing.

BNY Used RTO, Performance Reviews to Cut Jobs: Ex-Staffers

The firm has consistently reduced its headcount for the last six quarters, regulatory filings show. Former employees told Ignites how they were pushed out due to unexpected poor performance reviews and forced relocations without benefits.

META Stock Still Trails Mag 7 Peers Even After New Subscriptions, Layoffs, Cloud Plans

https://stocktwits.com/news-articles/markets/equity/meta-stock-still-trails-mag-7-peers-even-after-new-subscriptions-layoffs-cloud-plans-retail-sniffs-buying-opportunity/cZ0ikQtRevF

Oracle is reportedly undertaking its largest-ever layoffs. A report on Blind alleges the company exploits loopholes. Internal systems show hybrid workers reclassified as remote. This reclassification aims to avoid the WARN Act's 60-day notice. The post described this action as 'morally bankrupt'.

https://inshorts.com/en/amp_news/oracle-exploiting-loopholes-to-avoid-staff-benefits-amid-its-largest-layoffs--report-1780299406240

What’s happening? It seems like every day there’s a new LI announcement with someone leaving.

Not that I'm complaining, but just checking.

Mayor Daniel Lurie presented his budget proposal for San Francisco. The plan aims to close a $642 million deficit without widespread layoffs. It eliminates over 400 vacant city positions and slows future hiring. The budget prioritizes funding for public safety and homelessness initiatives. Increased tax revenue and public health funds also contribute to balancing the budget.

https://missionlocal.org/2026/06/sf-mayor-lurie-budget-proposal-2026/

The last RA included one of my older teammates. The guy knew this place inside out as he's been here for a couple of decades. He was not pushy, didn't clamor for raises or bonuses. I don't know if he ever took a sick day. At least I didn't notice. He was also probably our most productive employee. So if IBM is willing to get rid of somebody like that, there's really nothing any of us can do to ensure our safety.

Centra announced layoffs affecting approximately 90 employees. This represents about one percent of its total workforce. The changes are part of a company restructuring effort. Some laid-off individuals may apply for other open positions. Centra aims to reduce redundancies and improve efficiency.

Lynchburg, Virginia

https://www.wsls.com/news/local/2026/06/01/centra-to-lay-off-90-employees-as-part-of-company-restructuring/

Are your managers encouraging or discouraging taking your half day Summer Fridays? With all the layoffs, I have more work than I can handle as it is.

Along with pretty much all of the company's institutional knowledge - both gone with all the key employees who either left or (most often) were forced out.

Centra announced Monday that it would be laying off approximately 90 employees, about one percent of Centra’s total workforce, effective this week as part of the company’s restructuring efforts.

https://www.wsls.com/news/local/2026/06/01/centra-to-lay-off-90-employees-as-part-of-company-restructuring/

Will there be more cuts?

Is this just lazy journalism and somebody reporting March cuts now or are we going to lose ANOTHER 2,500 employees? Does anybody know what's going on?

Or are they going to announce another however many thousands right after, and continue like that ad infinitum?

In my org, two people were shown the door yesterday. It wasn't a layoff but outright firing. This is after another person was fired a few months ago. I won't lie, the whole thing is making me very nervous. Is this something that's been happening more lately throughout the company?

In the last seven or eight years, I've been on teams with roughly thirty different people. Every single one of them has been let go. Every single one except for me. I should be happy that I'm still employed but I'm the opposite. The whole thing feels so dooming and all I can think about is that I'm next or if I'll bring more bad luck to my next team.

does not look good at all

Heard they are no longer publishing the eNPS Score - so it must be really bad and i love it for them, but sadly no one will care.

https://www.techtimes.com/articles/317527/20260601/oracles-30000-layoffs-enter-final-phase-sign-release-forfeit-severance.htm

I always worry when the storm calms and things are too silent. It was clear at the start of the year and before that we had plans to enforce our hub strategy, and all he-l broke loose with several layoffs. Now it feels too quiet. What was once all this buzz about remote layoffs and reorg layoffs has become completely silent. I do not endorse the strategies, I worry about when kids are too quiet. Curious if anyone has insights on what’s around the blind corner?

Then he laid off 25k Call Center employees, many were black. AI is real but its being used as a tool to outsource.

Layoffs keep happening since last year but they never report it as they are keeping them under the treshold that's required by state laws. Concentrix is really good when it comes playing that game. people are not stupid and all of us can see it but they do manage to keep it away from the media coverage. Anyhow, I was let go after 11 very loyal year and I did have great reviews throughout.

If you are new to Concentrix you will not see this but once you start figguring patterns of behavior of the executives, this will be so obvious.

Good luck all

It’s officially time to panic. The company continues down a death spiral. Management is getting desperate. They have no answers, except get rid of people. This will be their revenge tour for the poor survey results.