#layoffs

Quarterly results were good but still stock price didn’t go up. Layoffs will happen when market sentiment improves and Oracle will trade off human capital against stock gains.
They will hire again as they need to deliver.
They can always hire cheap and train on repetitive process. New hire will always put extra hours and will try to prove as much as possible.

I work in HR and I'm going on the record to anonymously confirm with everyone that 6am emails will be sent starting in the US. I work with a team in California overseeing the layoff process. Approximately 17,000 employees will be impacted globally. Please be aware that a follow up email will be sent to your personal email address on file. And if you haven't updated this email correctly and do not respond to the email sent, you will receive a letter in the mail with 2 weeks after being locked out. Also be aware you are still on the hook for Oracle equipment that must be returned to Oracle.

So is it happening today?

Stop the Layoffs.

Can anyone confirm?

Any layoffs in Australia and New Zealand tomorrow?

Hearing rumors of more 30 day notices being done 09/30. Anyone else heard anything?

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For record keeping going forward in history.

Well you all did it! Y’all made MD the worlds 2’nd richest man… from dorm room to board room! And thanks to everyone sacrificing your jobs though layoffs, lack of commission payments, stress and pay for all the 42 years of the business. Hope it makes you all sleep well at night knowing that corporate greed at its peak. You all are just cogs who are and will be meaningless once it’s your time to walk out those doors.

Nestle CEO says Middle East conflict driving inflation, higher supplier costs

• Middle East accounts for about 2% to 3% of Nestle's roughly 90 billion Swiss francs in sales
• Nestle may buy strategically important brands as it reviews portfolio periodically, Navratil says
• Navratil says food manufacturers should join India talks on ​proposed front-of-pack warning labels

https://www.reuters.com/business/retail-consumer/nestle-ceo-says-middle-east-conflict-driving-inflation-higher-supplier-costs-2026-09-10/

I can't wait to get severance and leave without ever looking back.

Maybe not next week, but soon.

How many are still expected to be laid off? Is there a number? Any indication that we might be nearing the end?

If there are cuts, I'll be happy to volunteer. I hope they give us that option.

Considering all the other cr-p they've been throwing at us.

Is it really just based on who earns more? Is nothing else considered?

Is there a chance of me being impacted by any layoffs? I’ve been on the team a little over two months and it took me forever to get in. I do feel that there is a lot of redundancy within my team and more folks from vendors being brought in on H1B, and already having a team in India.

I’m assuming I’d be sc--wed on any severance?

https://www.biospace.com/biospace-layoff-tracker

I actually enjoy the work here and have some great coworkers. The problem is I've watched so many really good people get RIF'd that I don't feel secure anymore. Every few months there's another round. With the job market being this rough, I'm thinking I'd better start looking while I still have a choice.

Layoffs could still be coming. In fact, they most likely are. Make sure you're ready for it.

The Swiss pharma plans to discontinue small-volume biologics production at its Kleinbasel site by the end of 2027, a move that could eliminate approximately 130 jobs.

https://www.fiercepharma.com/pharma/novartis-telegraphs-130-job-cuts-amid-biologics-rethink-switzerland

At this point, I don't think retaining the good people is even on the priority list. Someone leaves and instead of replacing them, their work just gets dumped on whoever is still here. Then the deadlines get shorter and the pressure gets turned up another notch. There's always that unspoken feeling of "do it or else," and I'm getting really tired of it. Maybe getting laid off wouldn't be so bad.

CEO Dara Khosrowshahi pointed to lower prices as one way that Uber plans to use the money it's saving from laying off 10% of its corporate workforce, or about 3,300 people. The company announced the job cuts earlier this month.

https://www.businessinsider.com/uber-price-cuts-ceo-dara-layoffs-savings-2026-9

Look at it as an opportunity to leave this place for good with a safety net. Let's be realistic, how many other companies are as bad as Optum? I'm comfortable saying very few. So wherever you go from here should be an upgrade, even if it takes a while to find it.

Based on conversations I’ve had internally, the comments on Reddit and this forum, and the Q2 earnings call (severance funds), it does appear that this Wednesday will have impacts across the entire bank.

What should we look out for? When would meetings get scheduled? Tuesday night? Wednesday morning?

Is it done for 2026?

Rumor mill says Candescent isn't finished with cuts. Anyone heard anything concrete? To be honest, we're probably just going to pull a legacy NCR and be in perpetual layoff mode.

You can see where this is headed. US employees will be obsolete

McClatchy has implemented significant layoffs, impacting over 90 employees across at least 13 newspapers in eight states. This round of job reductions has led to the elimination of key reporting roles, including data reporters, accountability journalists, and those covering local government beats. The cuts have raised concerns about the company's commitment to supporting comprehensive local news coverage. Journalists from The State newspaper in Columbia, South Carolina, were among those affected, losing reporters with specialized beats. These layoffs are seen as a blow to local journalism and the ability of these outlets to hold institutions accountable.

Columbia, South Carolina

https://www.postandcourier.com/columbia/opinion/column-journalism-layoffs-the-state-columbia-sc/article_48dea507-cde2-4f2b-b9ad-2d83af3c0ea6.html

The Ontario Science Centre has eliminated 30 positions, including its entire science department, in a significant restructuring. These layoffs represent an 18% reduction in the unionized workforce and erase over 540 combined years of service. The organization stated that science expertise will be integrated across remaining departments rather than isolated. This move comes as the centre operates from interim locations while awaiting a new facility at Ontario Place. Critics question the future of a science centre without dedicated science staff.

Toronto, Ontario

https://money.ca/employment/ontario-science-centre-layoffs-severance-ei

The South Brunswick Township Council has introduced a $1 million special emergency appropriation. This funding is designated to cover contractually required severance liabilities. These liabilities stem from employee retirements and layoffs anticipated in 2026. The ordinance allows for financing through bonds or notes. This mechanism is permitted by state law for such municipal expenses.

South Brunswick, NJ

https://www.tapinto.net/towns/south-brunswick/articles/south-brunswick-introduces-1-million-special-emergency-appropriation-for-employee-severance-costs

The University of Southern California's Viterbi School of Engineering is implementing a restructuring plan. This reorganization is a direct result of necessary budget reductions. Consequently, sixty-five employees will be laid off. These job cuts are scheduled to occur between November 4 and December 3. The university aims to align its resources with future strategic priorities.

Los Angeles, California

https://www.dailynews.com/2026/09/11/usc-cuts-65-workers-at-viterbi-school-of-engineering/

Oracle is increasing its planned workforce reductions as it faces financial pressures from significant investments in artificial intelligence data centers. Concurrently, Chairman Larry Ellison has been granted a program to sell a substantial number of his shares. This comes as the company's stock has seen a decline since the program's adoption in June. The AI development costs are impacting Oracle's financial stability. These actions signal a period of adjustment for the technology giant.

Redwood City, California

https://www.bloomberg.com/news/articles/2026-09-11/oracle-boosts-layoffs-plan-by-700-million

Etsy announced significant workforce reductions, impacting approximately 12% of its employees, primarily in product and engineering roles. This restructuring is intended to streamline operations and accelerate innovation, not as a cost-cutting measure. The company reported strong second-quarter revenue that exceeded analyst expectations. Despite the layoffs, Etsy also raised its full-year gross merchandise sales forecast. The stock experienced a decline in after-hours trading following the announcement.

New York, NY

https://stocktwits.com/news-articles/markets/equity/etsy-cuts-12-percent-workforce-after-q2-beat-says-layoffs-not-a-cost-cutting-move/cZoIPhcRJek