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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/
Dana Incorporated will begin layoffs this month. The auto parts manufacturer plans to close its Robinson, Illinois plant. Layoffs are scheduled to start on June 15. More than 80 employees are expected to be affected. The plant closure is a significant loss for the city.
Robinson, Illinois
https://www.pjstar.com/story/news/state/2026/06/07/illinois-business-to-close-plant-and-lay-off-scores-of-employees/90445762007/
Anyone else spending most of their time training their new useless leader on what tech is, what their new area does, and wondering the value of the useless leaders salary while waiting to understand direction and deliverables.
Still tons of dead weight just collecting money with no value add work to be had.
Layoffs don't fix companies or stock prices.
Nike. What a sad mess.
First Student Inc. is laying off 170 employees in Fresno County. This follows the end of its transportation contract with Fresno Unified School District. Zūm Services Inc. will now provide special education transportation for the district. Current First Student drivers in good standing are guaranteed positions with Zūm. The permanent layoffs are effective July 1, though First Student retains other local contracts.
Fresno, California
https://amp.fresnobee.com/news/local/article315969574.html
An arbitrator ruled against Western Illinois University administration. The university violated a collective bargaining agreement by laying off eleven professionals. Nine faculty librarians and two other bargaining unit members were affected. The ruling orders the university to rescind these layoffs and provide back pay. These layoffs were part of efforts to address a $20 million budget deficit.
Macomb, Illinois
https://www.wgem.com/2026/06/11/arbitrator-rules-favor-laid-off-wiu-faculty-librarians/
I’m just reflecting on UKG post July 2024 RIF and the downward spiral that I’ve watched this once unicorn company go through.
What did I miss?
What is happening to this once unicorn company?
UKG is in shambles.
EPISD began its planned staff reductions. Sixty-three employees were notified of job cuts on June 11. The cuts address a $52.8 million budget gap. An additional $42 million deficit looms for the district. Employees were advised against signing voluntary resignation forms.
El Paso, Texas
https://www.elpasotimes.com/story/news/education/2026/06/11/episd-layoffs-start-as-63-employees-notified/90506855007/
UVM Health recently eliminated 142 positions. This action is part of an ongoing restructuring effort. The network aims to close a $300 million financial gap. It is currently losing approximately $460,000 daily. Most job reductions are in non-patient care areas.
Burlington, Vermont
https://www.burlingtonfreepress.com/story/news/local/vermont/2026/06/11/uvm-health-layoffs-healthcare-quality-nurses-unions-vt/90498664007/
Verizon Business Group is riding its managers until their legs fall off. They’ve turned this department into the USSR. Every call is monitored down to the second, including time between calls.
At this point, Verizon Business should be viewed as a stepping stone to your next career move. Since taking the B2B SAM title, my LinkedIn inbox has gotten a lot more attention. Even R2B titles are being converted to B2B.
Get the experience, build the resume, sharpen your skills, and leverage it into your next opportunity outside of Verizon. Corporate America will use you if you let it. Make sure you’re getting something out of it too.
Genentech has reportedly eliminated its infectious disease and physiological chemistry units, losing key executives including Vishva Dixit and Man-Wah Tan.
https://www.bizjournals.com/sanfrancisco/news/2026/06/11/genentech-layoffs-infectious-disease-job-cuts.html
Well, AS certainly has the language down already, how to make layoffs sound necessary even if there have to be other ways to cut costs. Well, it was to be expected, I guess. I just wonder how do you bring back a dying console by cutting and not actually trying to improve things.
T-Mobile US (TMUS) has seen significant insider selling activity in 2025 and 2026, involving multiple executives and major shareholders, though some trades were pre-arranged or tax-related.
Jon Freier (COO): Sold 4,799 shares at $190.00 per share in May 2026 under a Rule 10b5-1 plan, retaining 217,167.63 shares.
Callie R. Field (President): Sold 12,300 shares for $2.96 million in July 2025, part of a trend of insider selling despite strong financial performance.
Raul Marcelo Claure (Director): Sold 550,000 shares for approximately $119.7 million in February 2026, reducing his stake by roughly 38%.
Telekom AG Deutsche: Sold 209,520 shares in July 2025 and has sold over 3.26 million shares total in the past six months, reflecting a larger trend of divestment by the major shareholder.
Thomas Dannenfeldt: Withheld 311.4 shares in June 2026 for tax obligations upon vesting, which is a non-market transaction.
Mike Katz (President of Marketing, Strategy & Products)
Current Holdings: 181,930 shares (directly owned).
Recent Activity: Katz sold 5,000 shares on May 1, 2026, at a weighted average price of $195.81 per share.
Transaction Value: The sale totaled approximately $979,050.
Status: Despite the sale, Katz retains a significant stake valued at over $35 million, reflecting his long-term tenure and executive position. He had previously sold 2,500 shares in November 2025
Mike Sievert (Director)
Current Holdings: 125,696 shares (directly owned).
Recent Activity: Sievert sold 15,000 shares in late February 2026 (Feb 23–24) at weighted average prices between $220.07 and $221.85.
Transaction Value: The sale generated approximately $3.3 million.
Status: Despite the sale, he remains a significant individual shareholder with a stake valued at over $27 million based on current prices.
Mike
This year so far was really hard. The workload, the uncertainty, the layoffs, and all the other changes made sure of that. I keep wondering if the second half of the year could actually be worse. Is that possible? Or have we hit the bottom and things will get better? I truly don't know.
IT leadership stated in meetings it has goals to cut IT staff by roughly 50% and reduce processors by about 75% by year-end.
Hearing too many flash calls buzzing since this morning across multiple wealth, PI and brokerage teams.
One team confirmed next round of cuts to apply immediately starting next quarter.
Can anyone else confirm?
Assets sold to https://www.blondertongue.com/about-us/
I left eight months ago. The top brass don't know what they're doing. If you're not near retirement, staying at T doesn't make any sense.
Any chance I may get surplused? I am Engineering Assistant in Southeast.
Hi - I was laid off in a previous round of cuts and landed another job after 6-8 months during which I took some time to sit, process, and be present with my family. I'm willing to connect with anyone affected in this latest round to see if I can help in any way. Please post here, and, if there's sufficient interest, I will work to find a way to get in touch.
Why do I still work here?
Probable answers include, but not limited to:
“I’m close to retirement” (acceptable)
“The job market stinks” (bad answer; it hasn’t always stunk; you had plenty of time to leave when it was booming)
“Would have to accept lower pay” (possibly but su-k it up)