#layoffs

Posts mentioning hashtag #layoffs

Below are all the posts — topics as well as replies — that mention the hashtag #layoffs.

Mention #layoffs in your post to continue the discussion!

Dan, Can You Hear Me Now?

Another round of layoffs at Verizon is again being presented as part of the company’s transformation. Employees have heard this language before. Each cycle promises a reset and a stronger future for the business.

At the same time former CEO Hans Vestberg has moved into an advisory role at Consello. Like many executives before him he has transitioned from leading a major telecom operator into a position where his relationships and experience in the industry become the product.

For employees watching these cycles repeat the contrast is hard to miss. Workers face uncertainty and job losses while leadership often moves on to new opportunities within the same industry ecosystem.

Telecom is entering one of the largest investment periods in decades. Artificial intelligence data demand and digital infrastructure are reshaping the industry. The real question is whether Verizon is positioning itself to lead that next phase or simply managing costs while others shape the future.

Employees have heard the transformation message many times.

At some point the question becomes simple.

Dan, can you hear them now.


Stock Together - Laid off employees

Anyone else in New Jersey that was on payroll until Feb 20 still waiting for their Stock Together payouts? I know Verizon monitors this space too, so what are you clowns doing? Bad enough you kicked everyone to the curb, but now our money is in limbo. Current employees got their payouts on 3/10, so where is our money!


Not waiting on layoffs anymore

It is obvious layoffs are going to be massive. Maybe they will not happen all at once, but they are coming. I am done waiting. After 15 years here, I sent out my first applications yesterday and will keep doing it every day. It breaks my heart because I do like my job, but I will be damned if I just sit around waiting like sheep for sla-ghter.


Summit Buys Hayden Division; Montana Staff Face Job Losses

Summit Beverage will purchase Hayden Beverage's business in Montana. This transaction is expected to cause job reductions for Hayden staff. Hayden Beverage employs 120 people across its Montana locations. Affected workers will receive severance and extra pay based on their tenure.

https://nbcmontana.com/news/local/summit-to-acquire-haydens-montana-assets-as-layoffs-loom


Keene State College Eliminates Two Dozen Staff Roles

Keene State College recently eliminated 25 staff positions. Eight of these positions were already vacant. These cuts are a direct response to an $18 million reduction in state funding. The college must address a $4 million deficit by fiscal year 2027. Faculty positions are also being reduced through voluntary separation packages.

https://www.keenesentinel.com/news/local/keene-state-college-layoffs-cuts-staff-faculty-keene-nh/article_aab7851a-43da-4925-b8f0-ef6e68cc3a0b.html


Anheuser-Busch Closes Merrimack Plant, Affecting 125 Workers

Anheuser-Busch will close its Merrimack, New Hampshire manufacturing plant early next year. This facility has operated for over 50 years. Approximately 125 full-time employees in New Hampshire are affected. The company offers jobs at other facilities and severance packages. Two other plants in California and New Jersey are also closing, impacting 475 total employees nationwide.

https://www.wbur.org/news/2025/12/12/anheuser-busch-merrimack-new-hampshire-closure-layoffs


ORACLE $2.1 BILLION IN RESTRUCTURING ACTIVITIES -- Oracle 10Q (March 2026)

Oracle 10Q (March 2026)
ORACLE $2.1 BILLION IN RESTRUCTURING ACTIVITIES

RESTRUCTURING ACTIVITIES
Fiscal 2026 Oracle Restructuring Plan
During the first nine months of fiscal 2026, our management approved, committed to, initiated and further supplemented plans to restructure and further
improve efficiencies in our operations due to our acquisitions and certain other operational activities (2026 Restructuring Plan). The total estimated
restructuring costs associated with the 2026 Restructuring Plan are up to $2.1 billion and will be recorded to the restructuring expense line item within our
condensed consolidated statements of operations as they are incurred through the end of the plan. We recorded $156 million and $982 million of
restructuring expenses in connection with the 2026 Restructuring Plan for the three and nine months ended February 28, 2026, respectively. Any changes to
the estimates of executing the 2026 Restructuring Plan will be reflected in our future results of operations.

https://investor.oracle.com/sec-filings/sec-filings-details/default.aspx?FilingId=19237933

https://d18rn0p25nwr6d.cloudfront.net/CIK-0001341439/751a926c-6f62-4baf-8f51-80cbcafdc616.pdf


UVM Grounds Department Disbanded for Contractors

The University of Vermont (UVM) Grounds Crew has been laid off. Nine workers are affected by this decision. UVM Facilities Management announced the move in a February 20 email. The university stated the change aims to improve efficiencies with private contractors. Union representatives believe the layoffs are retaliatory after prior grievances.

Burlington, Vermont

https://vtcynic.com/news/uvm-grounds-crew-laid-off-in-favor-of-private-contractors/


Over hiring a Contributor to Layoffs

As a former CDW engineer my observation was that the number of engineers far exceeded the amount of available projects. While I worked with some smart engineers, a majority did not have skills comparable to their pay grade. Too many "that's not my niche" excuses for 6 figure salaries IMO.

The layoffs that are happening now is a forced "personnel correction" due to leadership not understanding the needs of the business.


Steel of West Virginia Cuts Over 100 Jobs

Steel of West Virginia is eliminating over 100 positions. The company will close its melt shop. The melt shop has reached the end of its operational life. The company plans a $30 million investment to improve its two rolling mills. This will reduce the workforce from over 600 to 500 employees.

Huntington, West Virginia

https://www.wsaz.com/2025/11/12/steel-west-virginia-makes-job-cuts/


Greenbrier Minerals Layoffs Prompt WARN Act Inquiry

Strauss Borrelli PLLC is investigating Greenbrier Minerals LLC. This concerns a potential mass layoff in Lorado, West Virginia. Greenbrier Minerals notified Workforce West Virginia on February 13, 2026. The firm believes 530 employees may not have received proper WARN Act notice. The WARN Act requires 60 days' prior written notice for mass layoffs.

Lorado, West Virginia

https://straussborrelli.com/2026/02/13/greenbrier-minerals-west-virginia-warn-act-investigation/


West Virginia Schools Cut Jobs Amid Funding Delays

West Virginia public schools are cutting jobs due to severe financial issues. Declining student enrollment and rising special education costs contribute to the crisis. Lawmakers have not yet approved immediate changes to the state's school funding formula. Several counties, including Kanawha and Wayne, anticipate significant position reductions. Proposed funding adjustments face delays, impacting school budgets for the coming year.

https://westvirginiawatch.com/2026/03/01/wv-teachers-staff-learn-jobs-are-cut-while-lawmakers-stall-immediate-school-funding-fixes/


Hour Media Cuts Most Utah Magazine Roles

Hour Media acquired three Utah magazines in February. These include three prominent Utah lifestyle publications. Most employees were laid off one month later. Eight of eleven staff members lost their positions. The Detroit-based owner, Hour Media, offered no comment.

Salt Lake City, Utah

https://www.sltrib.com/artsliving/2026/03/12/layoffs-utah-lifestyle-magazines/


Fresno Unified Board Approves 500 Position Reductions

The Fresno Unified Board approved resolutions for staff position reductions. This decision initiates a process for potential layoffs or reassignments. Approximately 500 total positions are impacted by these changes. The reductions aim to address a projected $55 million budget deficit. Affected staff will receive final notifications by May 14.

https://fresnoland.org/2026/03/12/fresno-unified-layoffs-and-reductions/


US Supply Chain Sees Thousands of Job Cuts

Nearly 4,000 workers across various US supply chains have been affected by recent layoffs. These job cuts span EV battery plants, auto parts factories, warehouses, and rail terminals. SK Battery America laid off 958 workers at its Georgia EV battery plant due to shifting demand. Bankrupt First Brands Group cut 905 jobs across facilities in Texas and Tennessee. Campbell's will eliminate 205 jobs in Texas as it retools a plant for sauce production. Several logistics and distribution operators also announced significant workforce reductions.

https://www.freightwaves.com/news/supply-chain-layoffs-spread-across-warehouses-factories-and-rail-terminals


US Jobless Claims Slightly Decline Amid Market Weakness

U.S. jobless benefit applications saw a slight decline. They fell by 1,000 to 213,000. This occurred despite a generally weakening labor market. High-profile firms like Amazon announced recent layoffs. The job market shows slow hiring and few firings.

https://www.wral.com/news/ap/7d748-us-applications-for-unemployment-benefits-inch-down-to-213-000-as-layoffs-remain-stable/


Verizon EMEA VBG/GN&T dumpster fire

Even before this week's annoucement, I could tell this organization was one of the most poorly structured "too many chefs" places I will ever worked at. Now we're in a position where Security Sales doesn't know what to sell or if there will be anyone around to deliver, and you have band 5s in the US still saying "EMEA is BAU" and that we still need to find ways to "continue as normal and building the best case for the value of our PS cyber work". so in other words sell / deliver while you can and when it's time we will RIF you all to purgatory and get hcltech to deliver whats left. how the f--k am I expected to work thinking this?


2024 to 2026 what's changed

In 2024 Canon USA and Canada reduced workforce by roughly 14%. Melville and Boca saw a reduction of almost 150 employees. A North American wide restructuring.

In January 2025 CUSA and CSA merged.

March 2026 Canon USA announces new Americas Wide Production Print

Present Day, two years later. Most jobs eliminated have been restaffed, hiring is on the increase again. Almost a ditto of the COVID layoffs and then restaffing leading up to the 2024 RIF.

Revenue from sales is still below pre covid 2019 levels, staffing has increased, customer service and product reliability are still subpar.

Disparity between OCe management and Japan management still exists, BOCA management and Melville management at all time division.

Americas production print still not offering all the industrial equipment that the rest of world already does, a repeat of 2020 management.

Has nothing changed over the past 6 years. Will 2026 be Groundhog Day all over again?

Is it not obvious how siloed the company continues to become. No, I don't work for Canon, nor do I have any ax to grind, just stating the outward facing facts and observation. Where are the gains from all the restructuring from 2020 to 2024 to 2026?


A dying industry

(This was a reply I posted in another thread, but it should probably be its own topic.)

Ever wonder why Cigna, UHG, Aetna, etc. are trying to branch out into different areas?
They’re hedging their bets.

AI efficiency is smallest piece in our layoff equation, but it is giving leadership hope that cuts will help bring profits.

Cigna, as well as every other publicly traded company, is outsourcing (offshoring) tech, admin, call centers, etc. in huge numbers. The remaining US employees are expected to absorb their newly-acquired extra job functions with the use of AI (Copilot in our case). AI is expected to increase productivity of remaining US employees by at least 2X.

As per usual, teams in India will make lots of noise and eat up company resources while providing very little new product and creating extra work for US-based workers.

Ultimately, Shareholders will still be pi---d because Cigna stock prices will continue to slide. The real reason for this slide isn’t is that employee costs are growing. Rather, it’s because health insurance premiums can no longer feasibly grow at the same rate as healthcare cost and utilization.

What we’re witnessing firsthand is an industry in turmoil. The once limitless dollars of the US commercial healthcare membership are drying up at an unbelievable rate. The Boomer demographic is coming home to roost and is destroying the market. GenX and Millennial employee dollars can’t stand the strain of Boomer retirees and job diehards.

You may ask “if Boomers retiring, how does this negatively impact commercial plans?”
The answer is that the US commercial healthcare member/client pays the lion’s share of the US (and the world) healthcare bill.
Providers have prices capped by CMS (Medicare/Medicaid) and many uninsured individuals just don’t pay. So that leaves the good ol’ American employee based plans to pick up the slack. But this golden egg-laying goose has hit menopause. It wasn’t expected so soon or so dramatically.

Employers are tapped out, so premiums can’t increase appreciably.
Individuals are forced to buy super high deductible plans while avoiding wellness visits and out of pocket costs.
Health insurer shareholders will continue to demand cuts until profits are acceptable.
This last thing is impossible.

This industry is no longer viable.
If you’re under 45 years old, be planning your transition. If you’re 55+, pray you can hang on and save.

For those of you who think single payer provided by Big Daddy Government is the answer. Well, just look around at the challenges those socialist utopias are facing and remember that SOMEONE IS PAYING THE BILL and someone else is trying to work a profit. It’s the same p-o in a different bag.


RTO - Get This Through Your Heads

It's amazing how many low-IQ people there are at Dell, many of whom are on this board.

For the last time, once and for all, Dell's medieval RTO policy was NEVER EVER EVER intended to increase productivity, improve team cohesiveness, or any one of the lies and propaganda vomited out by executive leadership.

It was ALWAYS ALWAYS ALWAYS intended to make your life a living he-l, so much so that you ultimately quit on your own. This way Dell doesn't have to pay severance, nor does it have to incur any negative publicity as a result of wide-scale layoff announcements.

It's a BAIN trick. It's greed. It's selfishness. It's a lie, but it is today's Dell. Dell is doing everything it can to reduce headcount at the least cost possible. Get that through your heads. It's the only cohesive strategy leadership has right now.


Extracting my past owed pay increases

For the past year I’ve done such a little amount of work it’s comical. Maybe an hour or two per day. I call into meetings and then play on my phone. I ignore pretty much everything exec management tells us and then cash the paycheck. I’ll continue this until I get canned and if not, I’ll quit once I can’t do this anymore. Two things they’ll not get from me anymore are effort productivity. I’ll quit before I have to do any actual work that would benefit the company. I figure I’ve clawed back about 90k of free money so far from Oracle. Take care of yourself.