#layoffs

It's hard to build a future when your job never feels secure. How are people supposed to buy homes, raise kids, or make long term plans when layoffs are constant and can turn everything upside down?

The province is attempting to secure over 106,000 acres of timberland. This acquisition is intended to ensure the land remains connected to the Nackawic mill. Layoffs are anticipated at the mill due to this situation. The government is actively involved in the bidding process. This move aims to preserve local industry and jobs.

https://ca.news.yahoo.com/av-group-timberland-sale-nackawic-202000577.html

Nackawic, New Brunswick

When will this chaos get officially over today? Is there a possibility that this will continue tomorrow as well? This is emotionally exhausting !!

Hooray so let's sc--w the employees and do layoffs!

Cleveland-Cliffs CEO Lourenco Goncalves expressed hope that laid-off Stelco workers could return to their jobs before the holiday season. This potential recall hinges on an anticipated increase in Canadian customer purchases of domestic steel. Goncalves stated that if this sales strategy proves successful, he intends to bring back all 175 affected employees. The company previously cited U.S. tariffs and weak demand as reasons for the job cuts. Industry Minister Mélanie Joly is awaiting a concrete plan and timeline from Cleveland-Cliffs before agreeing to meet with the CEO.

Hamilton, Ontario

https://www.bnnbloomberg.ca/business/economics/2026/10/28/laid-off-stelco-workers-could-be-back-on-the-job-before-christmas-owner-says/

Age Kept Fired
30s 9 3
40s 8 7
50s 8 7
60+ 3 3
Total 28 20

On se tape encore une fois une sale nouvelle : 65 personnes sur la sellette cette fois, après une première charrette quasi identique juste avant. Notre CSE ? Une putain de mascarade, complètement inutile et totalement vendu à la direction, ils mangent dans leur main, c’est gerbant.
Faut qu'on se bouge le cul et qu'on parte en grève illico. C'est le seul moyen de leur mettre la pression et d'arrêter cette deuxième vague de licenciements. Sinon, ils vont tout délocaliser dans des pays low-cost et nous jeter comme des malpropres pendant que les actionnaires s'en mettent plein les fouilles.

Any SNF PSCs impacted today so far?

Analytics firm SAS has reduced its workforce by approximately 100 employees. These layoffs are attributed to ongoing digital transformation efforts and a decreased need for on-site support. The company stated that permanent changes to business operations, some predating the pandemic, impacted several roles. Despite these cuts, SAS continues to hire for hundreds of open positions globally. The company employs nearly 14,000 people worldwide.

Cary, North Carolina

https://www.techtarget.com/news/SAS-hit-with-100-layoffs-amid-digital-transformation-efforts/844352/

Now im hearing that these sc-mbags lowered the severance packages to only 1 week per year served, instead of the 10-16 weeks depending on full time pay band

Is this true across the board?

US unemployment claims decreased to 194,000 last week. This marks the lowest figure since mid-July. Layoffs have remained minimal. Most Americans are experiencing job security. The Labor Department reported this decline on Thursday.

https://www.kvue.com/article/syndication/associatedpress/us-unemployment-claims-dipped-to-194000-last-week-as-layoffs-remain-low-and-most-americans-enjoy-job-security/616-e6a49f3f-d547-481b-9a00-c24453f77140

Oshkosh Corporation has eliminated approximately 80 salaried, office-based positions within its Transport segment. This reduction represents less than three percent of the segment's total workforce. Employees were notified of the layoffs on October 27th and provided with severance packages. The company also recently announced third-quarter earnings that did not meet analyst predictions. Furthermore, Oshkosh Corporation has lowered its projected full-year profit.

Oshkosh, Wisconsin

https://www.thenorthwestern.com/story/money/companies/2026/10/29/oshkosh-corp-layoffs-80-salaried-workers-transport-segment/92496737007/

Brace for impact

S&S Worldwide is actively seeking capital to continue its operations. The company warned of potential permanent layoffs if it fails to secure funding. This follows a previous notice of 70 temporary layoffs. The arts and crafts distributor has a history of financial challenges. Its future depends on securing new investment.

Colchester, Connecticut

https://hartfordbusiness.com/article/ss-worldwide-warns-of-permanent-layoffs-if-it-cant-raise-capital/

The E.W. Scripps Company has announced significant workforce reductions, eliminating 431 positions across the organization. This move impacts local stations, including Cleveland's ABC affiliate, News 5 Cleveland. The company stated that the cuts are primarily related to traditional newscast production and station operations. These changes are part of a broader strategy to adapt to evolving news consumption habits. Scripps aims to become an AI-powered broadcast journalism company through automation and restructuring.

Cleveland, Ohio

https://www.cleveland.com/entertainment/2026/10/layoffs-hit-news-5-cleveland-as-parent-company-scripps-cuts-431-jobs.html

Anyone in GTS leadership or groups impacted today? This thread is for GTS only

People Inc. has announced significant workforce reductions. The company is laying off 195 employees, representing approximately 6% of its total staff. These cuts primarily impact the print and legacy web divisions. Affected employees are being notified through scheduled one-on-one meetings. This move aligns with broader trends of downsizing within the media industry.

New York, NY

https://www.adweek.com/media/people-inc-lays-off-195-employees-around-6-of-headcount/

I'm a SWE who was laid off from Fidelity in 2024. Got back on my feet towards Q4 of 2024 with a contract job somewhere else. The contract job was great, until it ended back in June due to financial constraints. The option to work both at Fidelity and this new company I worked at are there in the future. I just don't want to wait for either one to be ready, because I still need a job.

Luckily I've been getting an ok amount of interviews, like 5 interviews in the past 5 months since my last job loss. Obviously that average can be better, but this is 2026, so I'd like to temper my expectations. You might think I'm silly to say this, but I was honestly expecting more experience on my résumé (although only barely 2 years more) with in demand technologies to help me out much more more. I do have more traction that my first time being laid off, but it's been very difficult to find a job. I just got rejected from 2 interview processes this week. One being an internal pick over me, another quite literally because I couldn't talk my way through how I would utilize AI to write code for me. I leaned towards the referral route, but only 2 of the 5 past interviews I had since my last job loss came from referrals.

I'm disappointed. Not only in myself, because I know I made some errors in my preparation for these interviews, but because the job market simply doesn't allow as many opportunities as it has before. So other than mock interviews, how would I work out my muscle with interviewing? I don't want to go too hard on myself, nor give up, because I got through being laid off before in similar circumstances.

However, because of the incoming midterms, I don't know if I should expect the market to slow. I was expecting it to come to a screeching halt come holiday time, anyway. I just want to know what I should expect from companies like Fidelity or outside of Fidelity to react to midterm elections. Whether the job market will hasten or slow down.

If anyone can help me with advice on what to expect as someone who is trying to find a job during midterm, I would appreciate it. Thank you!

Do we have the final numbers yet? Usually it takes a day or two for the reports to come out. Any news?

7 roles eliminated. Meeting us happening as we speak. I called this 6 months back.

Just let go.

https://www.fierce-network.com/wireless/deutsche-telekom-shelves-plan-merge-t-mobile-us-report

Quoting: "The decision was in part due to pushback from Deutsche Telekom’s works council, an entity that represents employee interests, according to the report..."

Until the next round, of course. But the rest of this week should be safe.

Not only will global IT have layoffs (approximately 7%) in November they are also holding a mandatory 10% bottom exercise.

CRUEL.
Merriam-Webster defines cruel as “devoid of humane feelings.”

I could never be this kind of leader. And frankly, I question the humanity of anyone who can.

How do you spend years hiring people, mentoring them, getting to know their spouses/children/pets, celebrating their milestones, and coaching them, only to discard them like yesterday’s garbage?

Not because they failed. Not because they underperformed. But because someone decided their position no longer served the future. (Cruel)

You leave people in limbo for weeks. You allow fear and anxiety to consume them. You deliver life-altering news just before the holidays, offer vague explanations about “business changes,” and reduce years of dedication to a pathetic “thank you for your contributions.” (Cruel)

Then, days later, you gather in a room like the cotdamn 12 apostles, unveiling your recycled organizational charts as though you’ve just discovered the future of business.

And the audacity to look straight into that camera, knowing the people who remain are watching you in absolute disgust, and talk about how “emotional” and “difficult” this has been for YOU. (Cruel)

Are you kidding me?

You knew these people. You knew their families. You knew their stories. You knew what they had sacrificed for the company.

And somehow, you managed to turn their devastation into another corporate presentation.

Spare us the scripted empathy. Spare us the speeches about competitive markets and transformation. And spare us the self-congratulation for having the “courage” to make difficult decisions.

There’s nothing courageous about making decisions other people have to suffer for while you collect the paycheck.

No one is asking you to cry on camera. We’re asking whether you have enough humanity left to recognize the damage YOU collectively as a group caused.

Because cruelty isn’t always loud. It doesn’t always look like the horrors we see on television.

Sometimes cruelty wears a suit, sits in a boardroom, collects a bonus, and calls itself leadership.

And perhaps the greatest tragedy isn’t that these decisions were made. It’s how comfortably the people responsible can move on.

May the devil/mara/lu----r find you.

Post if you hear about Home and community SNF SICC layoffs! Please use different thread for other roles.

The EOCs distain for anyone over 40 is simply due to the fact that the majority of us are not good sheep. Today in the cafe at my location they were running a 30% off sale on BNY merch and there was literally a line. Why would anyone in their right mind spend money to have the logo for the company that will do anything to lay you off and send your job overseas to be made a mess of? They were all young kids and H1-Bs in line. Disgusts me.

We lost several essential people on our team, and somehow the laziest person is still here. Can somebody make it make sense for me, please? How is this good for the company?

Or did they implement any reductions?

Can the rest of us relax?

Tuesday has always been the layoff day, rarely Friday.

Denver7 has eliminated at least 28 positions as part of a larger company-wide effort by E.W. Scripps. This wave of layoffs contributes to a total of 850 job cuts across Scripps this year, representing nearly 20% of its workforce. The company states these reductions are a strategic move to adapt to evolving news consumption habits across various platforms. Affected roles were primarily in traditional newscast production and station operations, with on-air talent remaining unaffected. Scripps is also creating 100 new roles focused on field reporting and community engagement.

Denver, Colorado

https://denverite.com/2026/10/28/denver7-layoffs/

My manager has unofficially told me that I am impacted. I'm getting prepared for this day next week.

May god bless all of you.

Anything today?

In late October 2026, RV cashed in 50,000 shares of common stock for a cool $7.4 million, while a few months earlier in August DM sliced off 26% of his holdings to pocket $4.9 million. Meanwhile, back on planet Earth, our budget for employee retention, wage increases, or localized team expansions has been strictly set to absolutely zero. What does this reveal about the true fracturing of our internal health?

Have you received your severance package yet? Not looking for any details, just trying to figure out if they’ve started sending them out?

The Canada Revenue Agency is implementing workforce adjustments that will result in approximately 260 employee layoffs. These reductions will affect both executive and non-executive positions across various regional offices. While 735 employees were initially notified of potential job risks, 110 have been guaranteed continued employment. The agency cites organizational changes and the federal government's spending review as reasons for these decisions. Union representatives express concern that these cuts will negatively impact service delivery to Canadians.

Ottawa, Ontario

https://ottawacitizen.com/public-service/new-round-of-canada-revenue-agency-layoffs-targeting-260-employees