So it starts, now well publicized on the news Sycamore is closing stores under the guise of security or safety, and while that's a concern, their goals are to get out of leases to reduce their debt obligations (somewhat good), and pad their pockets by selling off any real estate that is owned. However, it is NOT with improving the business in mind. It is purely a way to pay themselves. Look at their history on their other large holdings, Staples they are continuing to reduce stores under the premise they are low performing stores, but in many cases it's just to cook the books. Essendant, they sold off the majority of their real estate for millions as a cost reduction for low performing, closed the majority of their business, but never invested back into the company. Talbots, Hot Topic, Belk, Pure Fishing they are closing stores/warehouses/offices and leaving just a shell of businesses they will never invest back into to improve. Sycamore is evil, and just plays with people's lives to line their own pockets over and over again.
Posts mentioning hashtag #layoffs
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Mention #layoffs in your post to continue the discussion!
Insights on which areas impacted?
Heard rumors that professional services team would be impacted. Also, people not meeting expectations (NME) after performance review meeting. Any insights?
Today is the day!....
It's TACO Tuesday...
T - Take
A - Away
C - Careers...&
O - Outsource to India
Hooray!
LIST IS RECEIVED
As a people manager, I can confirm I received list of associates I'll have to let go.
My manager probably received the same.
We all have mandatory trainings tomorrow to break the news in stages on Thursday.
Just like level 4-7 associates, level 8 and above won't know their date until Thursday.
I might well be outside the door after breaking news to two of my exceptional performers on Thursday.
So it is happening.
Significant layoffs in NBV/S&O
Seeing a lot of layoffs from New Business Verticals, large number of DashMart management slashed.
A gut-wrenching betrayal
HCA Healthcare’s offshoring of American IT jobs to India is a gut-wrenching betrayal that should outrage every American who values fairness, loyalty, and the integrity of our healthcare system. When CTO Sai Adivi announced the end of many American IT careers in an impromptu, secretive, BCC’d Webex call, citing a "successful pilot" and the move to "Phase 2" while referencing other Fortune 100 companies, the message was already cold. But the kn--e twists deeper with the detailed plans for affected employees to spend their final months in left-seat/right-seat training and job shadowing, meticulously documenting every skill and technology in SOPs so their Hyderabad replacements can take over. All of this while managers in large group chats including the affected employees post cheerful "happy work anniversary" congratulations.
This is not business as usual. This is a company founded by American physicians on American soil, built by generations of dedicated American workers, and kept afloat by nearly 47 million mostly American patient encounters every year, with tens of billions pouring in from American taxpayers through Medicare and Medicaid. HCA’s stock languished in the low-to-mid $20s until the 2012 Obamacare ruling dramatically boosted its insured-patient volume and share price. Yet today, at well over $400 per share, HCA looks its own people in the eye and offers veteran employees with 20+ years of service a severance package well below Fortune 100 averages, saying their knowledge, sacrifice, and loyalty are worth less than the savings from shipping jobs to Hyderabad.
The "train your replacement" mandate is cruel and humiliating. Forcing dedicated Americans to dismantle their own careers, hand over hard-earned institutional knowledge that keeps hospitals safe and patients protected, and then sit idle answering questions until the India team can stand alone, while the company pretends everything is normal and business as usual, is an insult that adds financial hardship, emotional devastation, and profound disrespect on top of job loss. It risks patient-care disruptions, erodes decades of U.S.-based expertise, and treats people who helped build HCA into a powerhouse as disposable.
HCA’s founders spoke of putting patients first. Today’s leadership, under the continuing influence of the Frist family, who still hold massive ownership and board power, has utterly abandoned that vision. Patients, American workers, and the taxpayers who subsidize this empire are no longer the priority. Cheap foreign labor and swollen profits are piloting the ship.
Politicians who accept campaign support, lobbying influence, or oversee the massive Medicare and Medicaid dollars flowing to HCA must be held accountable. Demand they investigate these practices, protect American jobs in critical healthcare infrastructure, and ensure taxpayer money doesn’t fund the offshoring of American livelihoods.
Shareholders and the board (including Frist family representatives) should also face pressure to replace leadership that has so clearly failed the original intent of the founders. The mission was patient care and human life, not maximizing margins by discarding the American workers who made it all possible.
American patients deserve a healthcare giant that actually protects their data and delivers reliable care with professionals who understand them. American workers deserve employers who honor their service instead of treating them as disposable after decades on the job, especially while forcing them to train their own replacements and pretending everything is normal in the company chat.
HCA should be beyond ashamed. It should immediately halt this offshoring, retain and invest in its American workforce, and rediscover the patient-first values its founders claimed to champion. Anything less confirms that for this company, loyalty, country, basic human decency, and the American dream mean absolutely nothing when profits are on the line.
This cannot stand. Not for HCA Healthcare. Not for any other American company that relies on the American taxpayer for its survival.
This post truly deserved a thread of its own so it could be seen by more people. OP is @qm+1kqg2w845.
May 5 - Parking Garage gates are up (again) in Bellevue
It probably means more layoffs today.
Didn't Srini say last week this was done for a while?...
Value...? Or value trap?
Less than a couple years ago, this stock was above $200 per share. Now, it's a little above $70 USD. Looks like there's been several key executive exits, a number of cost-cuts, layoffs appear commonplace at the line level, and the big one - a lack of topline growth. Other than some strong opinions about layers upon layers upon layers of management protecting management - the culture continues to appear as a bright light. That's a good sign, right? What's your take here? Time for a position...or time to wait it out...or keep walking? Is this company a value or a value trap?
Value
Will there be any more RIFs in Value?
NPC&E Next Management Layoff
When is the next wave of NPC&E layoffs? Specifically Mobility? Specifically Management?
We know layoffs are continuous in other parts of company. The love comes in waves in NPC&E though.
Thank you, Vicki Hollub!
With a heart full of appreciation, l want to say a BIG THANK YOU to our amazing CEO, Vicki Hollub. Thank you for all you did for Oxy’s employees. Thank you for more than doubling Oxy’s production and for your wisdom and foresight in lowering Oxy’s risk in the Middle East and increasing U.S. domestic production. You’ve reshaped Oxy to be a premier oil and gas company. You’ve taken the lead where others are afraid to step into. You are the first woman to Lead a major oil and gas company in the U.S and you didw a terrific job. You’ve also stabilized Oxy (no massive layoffs) which has allowed talents to focus more on their jobs rather than worrying each time the price of oil goes down. Words cannot express how much you did for Oxy as a whole. I wish you long life and the best in your retirement.
How many people were in DF’s organization last year?
It’s 9600 now. Should 9400 including folks got laid off earlier this year.
IT layoffs
Voya is now eliminating positions in IT due to budget cuts. Most likely outsourcing work to Voya India. I was laid off yesterday morning.
Severance Packages
As many have heard the finance transformation will affect many of the jobs for the Houston finance team. That being said, are any of you all willing to share past severance agreements/packages that Enbridge has offered during past restructuring or layoffs? How many weeks per service year or minimum weeks? Will the bonus be prorated?
Spirit Airlines Ends Operations, Nearly 1,000 Las Vegas Jobs Cut
Spirit Airlines announced its permanent closure this weekend. This decision led to the layoff of 999 employees in Las Vegas. The affected staff included flight attendants, first officers, and captains. The airline cited rising fuel costs and deteriorating business conditions. Spirit Airlines failed to secure additional operational funding from the government and lenders.
Las Vegas, Nevada
https://www.ktnv.com/news/nearly-1-000-employees-laid-off-in-las-vegas-following-spirit-airlines-end
NCFO leadership
Title says leadership...should say LACK of Leadership.
With all thee
With all these laborer layoffs I have wondered where the leadership is.
Local...nothing...not even crickets.
General chairman is same as Local.
Now for the real question...NCFO President.
Mike "Jimmy Hoffa" Pistone! The son in law of previous union president that was "handed" this position. Hasn't been seen nor heard from since 2021.
And good Ole Travis Prethos is dry effn every laborer out there being a Union/Company man.
Time for change at the top.
AI Drives El Paso Layoffs; Oscars Prioritize Human Work
AI and automation are leading to job reductions in El Paso. HGS Solutions recently laid off 92 workers at its El Paso facility. These job cuts mainly impact customer service and back office positions.
El Paso
https://hoodline.com/2026/05/ai-layoffs-gut-el-paso-paychecks-as-oscars-draw-line-on-robot-scripts/
The ship is sinking fast
Revenue down, missing expectation all around, and they’re still buying back shares, rather than paying down debt? Sounds really delusional. And Mike and Dhyvia is about to implode this thing. Bo-b it completely.
Fayette County Public Schools Announces Staff Reductions
Fayette County Public Schools has filed a notice. This notice concerns significant layoffs. These staffing decisions are reportedly difficult. They affect employees who care deeply about students. The district aims to align staffing with enrollment and program needs.
https://www.bizjournals.com/memphis/news/2026/05/04/fayette-county-schools-files-notice-layoffs-state.html
Jeff gets a 130m options payout while sales gets their commission axed for the second half
What the he-l is wrong with these people? Record stock price and then you go in and reduce our commission because of "inflation"?
Fu-k off
Gaston County Schools Cuts Support Staff Amid Budget Strain
North Carolina school budgets are strained, leading to staff layoffs. Gaston County Schools is eliminating over 170 support staff positions. These cuts include school counselors and special instruction resources. Parents and experts express concern for student mental health needs. Remaining staff face increased workloads and reactive crisis management.
Gaston County, North Carolina
https://www.qcnews.com/news/u-s/north-carolina/experts-worry-student-mental-health-will-suffer-with-budget-cuts-layoffs-across-nc/
Palmer Regional Airport Plans Layoffs After Spirit Exit
Arnold Palmer Regional Airport anticipates staff reductions. Executive Director Maurice Haas confirmed upcoming layoffs. The airport has 50 employees. Spirit Airlines recently canceled all flights and ceased operations there. Spirit was the airport's only commercial airline.
Latrobe, Pennsylvania
https://www.lightnercommunications.com/2026/05/05/layoffs-coming-at-arnold-palmer-regional-airport/
Brick Township Schools Reduce Staff, Raise Taxes
Brick Township school officials approved a $178 million budget for the upcoming school year. This budget eliminates 40 positions and will raise local taxes. Class sizes are projected to increase across all school levels. These changes stem from significant state funding reductions. The district is currently litigating against the state over these funding cuts.
Brick Township, New Jersey
https://www.nj.com/news/2026/05/nj-township-schools-face-layoffs-and-rising-class-sizes-after-state-funding-drop.html
Pharmacist layoffs optumrx
Any other pharmacists laid off on 4/30 from OptumRx? 15 years with the company. Anyone know numbers on all these layoffs ?
Spirit Airlines Ceases Operations, Florida Workers Laid Off
Spirit Airlines has ceased all operations. The airline announced permanent closure of all its U.S. facilities. This includes five locations across Florida. Almost 5,000 employees in Florida were laid off. Rising fuel prices and geopolitical events caused the shutdown.
Florida
https://www.naplesnews.com/story/news/state/2026/05/05/spirit-closes-florida-workers-laid-off-orlando-fort-lauderdale-miami/89941486007/
Coinbase Reduces Workforce, Citing AI Efficiency Gains
Coinbase is reducing its workforce by 14%. CEO Brian Armstrong shared the news on X. He cited a need for greater company efficiency. Armstrong also noted AI's impact on changing work processes. Engineers now use AI to complete tasks in days that previously took weeks.
https://www.businessinsider.com/coinbase-layoffs-ai-brian-armstrong-job-cuts-letter-2026-5
Stock down 10%
Earnings fell short, stock dipped 10%
UnityPoint Health Leads Iowa Job Reductions
Six Iowa employers reported layoffs in April. A total of 572 workers were affected. UnityPoint Health led these job reductions. This data came from Iowa's WARN site. Northeast Iowa experienced significant impact.
https://www.desmoinesregister.com/story/money/business/2026/05/05/iowa-layoffs-april-unitypoint-wells-fargo/89889465007/
Expense Management
Looks like Mother Mutual is not only downsizing its company vehicle fleet, but also its executive jets.
No more Challenger 600's.
Now its down to four Gulfstream GVII (no, that's not GV eleven, Ms Ilhan Omar).
https://www.planespotters.net/airline/State-Farm
LinkedIn Template for Layoffs
For those of us impacted by the greatest economy of all time and it’s not even close, here’s a LinkedIn template for your layoff with gratitude, grace and a pivot for what’s next!
Thrilled to share a growth opportunity I didn’t see coming.
I’ve been impacted by a recent layoff, and while this wasn’t the outcome I originally envisioned, I’m choosing to see it as a powerful reset and realignment moment.
Endless gratitude to Verizon for the journey, the incredible people, and the experiences that shaped me into the thought leader I am today. Nothing but appreciation as I close this chapter.
Now it’s time to lean into what’s next. The market is…dynamic, and this transition may come with trade-offs—whether that’s compensation, benefits, PTO, or starting fresh without tenure. But growth doesn’t happen in comfort zones.
I’m energized by the chance to rebuild, reimagine, and reinvent.
Because sometimes you don’t get what you wanted—you get what you need.
Open to opportunities. Ready to add value. Let’s connect!
You know why there won’t be any significant lay offs?
Because this state is driving young adults out with zero affordability. Boston rent is off the charts, it’s unsustainable here.
The governor has not met a tax she didn’t like we are quite literally being squeezed and taxed to death here.
So don’t worry you won’t be laid off you’ll just be drained of all your money here. The only reason Fidelity still has HQ here is because of her massive real estate holdings. Even billionaires don’t like to lose money.
If things don’t turn around fiscally here we all may be forced between Texas and keeping our jobs or taxes and bleeding money to stay afloat. And I’ve got fairly deep seven figures invested and I’m worried!
Hamilton County Health Announces Staff, Program Cuts
Hamilton County Health Department is reducing its workforce. Thirteen employees face layoffs, and two vacant roles will remain unfilled. The Health and Social Services Division will end its Dental Clinic and Community Assistance Program. Both programs are scheduled to conclude on July First. Surplus dental supplies will be redistributed to support existing programs.
Chattanooga, Tennessee
https://www.wdef.com/hamilton-county-health-department-announces-layoffs/
Paterson Teachers Rally Against Projected Layoffs
Paterson Public Schools announced layoffs affecting 89 staffers. This total includes 39 teachers and other personnel. The district plans to cut over 200 total positions. Superintendent Dr. Laurie Newell attributed the budget deficit to rising costs. Hundreds of employees protested these projected cuts at a public hearing.
Paterson, New Jersey
https://longisland.news12.com/paterson-teachers-rally-against-projected-layoffs
Well I said I would never come back but did. Big mistake.
I retired from exxon making 220k at 55. I could not stand it anymore. I said I would never work for this dysfunctional s heet show again. Well they offered me a contractor position through an agency. My pay was only half at 120k per year. They told me I would not have to deal with all the BS forms, moc, procurement, and training cr-p. I got put under a young female supervisor and she immediately started lecturing me about performance and expectations. I was simply there to help with engineering designs and reviews. This supervisor knew nothing of engineering and only knew exxon bruacracy. I was asked to perform some saftey tasks and lab inspections. I told my overlord it was not part of my duties and I was to do engineering work. She told me I was being insubordinate and she would delegate my tasks. It was all downhill from there. Since I was familiar with gmocs I was instructed to initiate several because the new engineers did know how to complete them. The supervisor was getting very angry at me complaining that I was taking too long on tasks. I quit 3 months into my failed return to exxon. The supervisor was pi---d and told me that I would never work at exxon again and I was on the black list for hiring. I told her to stick the job up her ar-e and I never wanted to work at exxon in my life. The contract company was pi---d as well and told me I could not work for them again. I do not want to work anymore. My treatment was the worst by this individual. I wanted to punch the s heet out of her. The power went to her head and she treated me like a child. I knew it was a mistake but I was bored and thought I could do work that I liked. This is just my story and hope it helps others not make the same mistake. I might just volunteer some where to stay busy.
More to come
i am 100% sure they want to phase out the rest of IT. i dont have insider info, it's just logical based on everything they've done so far... those folks are basically making themselves redundant at this point. i am also sure that finance, project teams are targets. mgmt too.
Camden Schools Announce Staffing Changes
The Camden school district is undergoing a major restructuring. One hundred employees, including the entire central office, received layoff notices. These job eliminations will take effect on June 30. Some affected staff may reapply for newly defined roles. The district attributes these cuts to financial pressures and declining enrollment.
Camden, NJ
https://www.inquirer.com/news/camden-nj-school-district-job-cuts-restructuring-20260504.html
CSU Administration Cuts Jobs Despite Better Budget Outlook
Colorado State University announced plans to cut 178 full-time equivalent positions. Scores of colleagues were laid off across campus. State funding is now expected to decrease by under $1 million. Tuition revenue is projected to increase by $11.3 million. Faculty express low confidence and cite a lack of transparency.
Fort Collins, Colorado
https://collegian.com/articles/featured/2026/05/category-opinion-ltte-csu-administration-pushes-layoffs-despite-improved-budget-outlook/
Paterson District Cuts Hundreds of Jobs in Budget
The Paterson Board of Education approved an $851 million school budget. This budget includes 89 layoffs and eliminates 243 other jobs through attrition. The layoffs affect 39 teachers and 50 non-certified employees. City education property taxes will increase by 8% under the plan. Union members protested the job cuts before the board meeting.
Paterson, New Jersey
https://www.northjersey.com/story/news/paterson-press/2026/05/04/paterson-nj-boe-approves-budget-layoffs-tax-hike/89938956007/