#layoffs

No news of layoffs in EHQ , so just wondering what is happening in other places?

Stock price collapsing again. Heading to ten bucks a share

There will be no OpenText in 18 months

Assuming D-day is tomorrow, would managers have been notified by now?

This ship is sinking. Good Job Execs. Guess the 10% dividend boost didn't matter and your shareholders see the writing on the wall. Bye bye C Levels. Just a matter of a short period of time here. Should be a fun next few months.

Confirmed fot next week. Most cuts. Please do not listen to clueless d-mb trolls who are here to deny 15% is happening. Wait till End of day 19 feb to comment

A federal energy lab located in Colorado recently announced another round of layoffs. More than 100 employees were impacted by these job reductions. This marks a significant workforce reduction for the institution. The cuts affect a substantial portion of the lab's personnel within the state. This latest round reinforces ongoing adjustments at the federal energy lab in Colorado.

https://www.denvergazette.com/2026/02/10/colorados-federal-energy-lab-hit-with-another-round-of-100-layoffs/

Looks like evicore is def getting hit again on 2/12. They sent an all hands this am changing the process for terminating an employee. Sounds like they are trying to streamline the process jeez.

I recently was shopping in the store and heard 2 managers discussing the meeting about layoffs. I didnt hear the entire conversation, but heard something about starting in march of this year. If this is on the store level, I wonder what areas they would target?

Washington state experienced a significant number of job layoffs during January. The state ranked third nationally for the highest volume of these workforce reductions. The technology sector was particularly hard hit by these job cuts across the state. This indicates a challenging start to the year for employment within the region. No specific companies were named as the headline points to a broader industry trend.

https://www.khq.com/news/washington-ranks-3rd-in-u-s-for-january-job-layoffs-tech-hit-hard/article_68ea874d-909f-48c5-a777-dab0c6d879c5.html

First thing in the morning..thanks BizJournal.

https://www.bizjournals.com/sanfrancisco/news/2026/02/10/wells-fargo-layoffs-sell-real-estate-wfc.html

Two companies are preparing to close their facilities, which will lead to significant job losses. Over 200 workers are slated to be laid off as a result of these closures. The headline does not specify the names of the two companies involved in these actions. All affected facilities and subsequent layoffs will occur within the state of Kentucky. This event signifies a notable reduction in employment within the state.

https://www.courier-journal.com/story/money/companies/2026/02/11/kentucky-business-warn-notices-t-mobile-job-losses/88604479007/

Looks like the party is over.

Court TV has implemented layoffs as part of a significant operational change. The company is planning to shut down its entire television network. This decision will lead to job losses for employees across the organization. The closure of the Court TV network is scheduled to take place in March. The specific city and state where these layoffs are occurring were not mentioned in the headline.

https://thedesk.net/2026/02/court-tv-layoffs-shutting-down/

The National Laboratory of the Rockies is facing yet another wave of layoffs. Colorado’s members of Congress have expressed sharp disapproval, pointing to what they describe as an ongoing pattern of workforce reductions. The number of impacted employees has not been released.

https://www.cbsnews.com/colorado/news/colorados-congressional-leaders-layoffs-national-laboratory-rockies/

I recently got piped out of my favorite place to work not. They were trying to fire me at all costs. I was alienated, isolated and made ti feel unwelcome. I truly hated to come in everyday and see those persons. I was ready to leave and accepted my date. No matter what I did the supervisor had something negative to say. It was all part of the plan. My design software was removed and I was told I could not get it back. I could not do my job without it. It was a relief when I failed the pip. I did not sign the pip and was told I would be fired if I did not. I was terminated for performance. I got unemployment because I got fired. So now I am working at a smaller company. The place is heaven compared to that shith ole exxon. I can do meaningful work and it is appreciated. I feel like part of a team and the place is not toxic or dysfunctional. I make about 70 percent less and I got 4 weeks vacation. The insurance is better than exxons was. The most important thing is my mental health. I feel better now and I don't dread going to work. The company needed an employee that could innovate and improve processes and testing methods. I have found a place that needs and values my talents. I had a horrible time at exxon. So the grass can truly be greener at another company. Too many employees get stuck because of the high pay but is it worth you mental health.

Which locations are being cut this round? Do share if you have info!

Estimate is around 8500 in count. (Max 12000 if more layoffs in India)

USA - 2,800 people to 3200
India - 4200 - 6500 (Expecting more cuts)
Europe - 1000 to 1500 max

More will be in Software dev and support : 5000+ counts expected (Middleware, DB, ...)
OCI will be saved with minimal layoffs <1000

Seems the 30000 layoff is not immediate and it will be over long term. Seems the estimate was done by the firm for long-term analysis and not for this year and the estimate was purely based on funding to the future commitments.

Basically Senior Management with mostly India team with non-revenue workloads beware . You will be major targets. !00% you can start searching new jobs.

COSI and the Ohio History Connection recently experienced layoffs. These job reductions contribute to a wider nonprofit sector crisis. Eroding federal funding exacerbates these challenges for organizations. COSI laid off 15% of its staff due to attendance and funding issues. The Ohio History Connection also reduced 30 full-time positions.

https://www.wosu.org/show/all-sides/2026-02-10/the-job-crisis-in-americas-nonprofits

If you poke around some of the other company layoff pages, almost none seem to be as active as this one. Bank of NY Mellon is pretty dismal, but still lacks the sheer volume. Citi folks don't seem happy either, but even less volume there. Why does Wells Fargo seem to have the most vocally unhappy workforce? Is that a sign of how bad it actually is?

The Employee Forum met to discuss ServiceFirst updates and the University budget. Staff members expressed significant concerns about potential layoffs. The ServiceFirst initiative aims to centralize university roles for cost savings. A Board of Trustees resolution also requires $16.5 million in administrative cuts. Employees feel undervalued and fear job insecurity due to these changes.

https://www.dailytarheel.com/article/university-employee-forum-meeting-feb-2026-20260210

Mercilessly spending $200B in capital on large scale data centers, mass layoffs replacing workers with AI, billion dollar outages, slumping stock prices, earnings misses, RTO policing. Welcome to the Jassy's AI playground.

Roseburg Forest Products initiated another layoff round. This round affects about 146 positions. The Riddle plywood facility is impacted. Job losses now total almost 400 since September. Environmental regulations are a cited factor for industry changes.

https://kobi5.com/news/top-stories/roseburg-rep-responds-to-more-roseburg-forest-products-layoffs-293440/

You heard it here first

Does my performance review increase/decrease chances of being laid off?

To everyone freaking out potential layoffs:

1) Ask yourself the question, would they really have another round after laying off so many people?
2) why spread the pain out over a long period? Most firms, just rip the band aid and get it over and done with in one go.
3) most of the fat has been trimmed. What's left is some muscle and bone.
4) our stock is through the roof, aliviating any pressure from Wall St. No need to take out any further costs
5) the only people served by all the layoff talk are disgruntled ex Vz folks or current employees who think we can cut our way to prosperity

I joined last year only and love this company and people but I found this website. Here people are talking about the layoffs happening soon and im worried becaus I just started. Who is also in India getting laid off? Thanks

Whoever posted this on Reddit is right. This is why Unions in the United States are of the most absolute importance. If you did this in like let's say Japan? People would see this as a leadership failure and start to distrust the company entirely... In Sweden,? They'd be paying out these employees so long that the short term gains they might want to see before ramping up again in hiring would not warrant going through this. It is truly only in America that this sort of thing is seen as feasible.

Updated - T, 2/10/26.

AI Innovation -

1) Software Firms.

2) Private Credit Firms.

3) Insurance Brokerage Firms.

4) Wealth-Management Firms.

While AI contributes many useful innovations towards society, and will create (some) related jobs.

The stocks of those respective industries are (currently) being sold-off within the Global markets.

The unemployment rate will increase (along with layoffs) the U.S. National debt (currently) at $38.7 Trillion (and rising) per usdebtclock will have (less) contributions from U.S. taxpayers (in general) unless Corporations, and the wealthy; pay more.

This list is going (not if) expand over time, if the job is computer dependent; AI can (and will) take its' place.

https://www.healthcarefinancenews.com/news/cigna-cut-2000-jobs

Cigna plans to reduce its global workforce by approximately 2,000 positions, representing less than 3% of its workforce.

The layoffs will occur by the end of February.

A spokesperson for The Cigna Group said by statement: "As we drive greater efficiency across our business, we have made the difficult decision to reduce roles in our workforce. This decision was made with deliberate care and focus, and we are providing a package that includes a variety of transition services for impacted colleagues."

Cigna did not give specifics on which jobs or departments would be impacted.

The news coincides with Cigna’s Q4 and full-year 2025 earnings release in which the managed care company reported better-than-expected results for the quarter but set its full-year earnings guidance below expectations.

During the earnings call, President, CEO and Chairman David Cordani announced the settlement of a lawsuit with the Federal Trade Commission over Express Scripts' insulin pricing.

AI Innovation -

1) Software Firms.

2) Private Credit Firms.

3) Insurance Brokerage Firms.

4) Wealth-Management Firms.

While AI contributes many useful innovations towards society, and will create (some) related jobs.

The stocks of those respective industries are (currently) being sold off within the Global markets.

The unemployment rate will increase (along with layoffs) the U.S. National debt (currently) at $38.7 Trillion (and rising) per usdebtclock will have (less) contributions from U.S. taxpayers (in general) unless Corporations, and the wealthy; pay more.

This list is going (not if) expand over time, if the job is computer dependent; AI can (and will) take its' place.

eom

Mike and Jim both got raises; ~1000 people overall got laid off

Well right before the centerwell town call meeting, Conviva/centerwell staff was laid off. Thats SW, CHWs, RNs and Managers. All CIT staff.

Clearly a lot of us are unhappy or concerned with the way BNY has conducted layoffs or forced departures. Several folks have already contacted and spoke with Financial Times/Ignites reporter Sabrina Kharrazi (Sabrina.Kharrazi@ft.com). Sabrina originally covered Larry Steller's lawsuit against BNY for the denial of his severance payments and is mentioned in the comments of the following posting on this site: 'https://www.thelayoff.com/t/1kbk9pt5n'.
She would love to hear from you and anyone else who has information or documentation about BNY Mellon Performance Appraisal Management process or other ethical or legal concerns. Your interaction is completely confidential and anonymous.

Just received a short business update 15 minute meeting maker for tomorrow morning at 8am (ET). Why am I supposed to be in early just to get laid off? I'm assuming this is the end of this specific office building. Buildings in our complex have been in the process of being torn down for over a year anyway so why not this one. Peace out.

If you see a mysterious 15-30 min meeting request by a VP pr SVP pop up on your calendar last minute, in the early morning, you're being laid off. They are there to let you know the news, thank you and verify your external email address..Expect to be disconnected within 60-9o minutes.

Nearly 96 employees at the Snyder of Berlin snack plant are in their final week. These workers were laid off almost two months ago. The plant is located in Somerset County, Pennsylvania. The Pennsylvania Department of Labor and Industry provided support. This support included rapid response meetings and a job fair for affected staff.

https://wjactv.com/news/local/snyder-of-berlin-employees-begin-final-week-employment-somerset-county-snack-plant-laid-off-workers-pennsylvania

HR's only functions now are processing layoffs and firings, and rewarding the few "leadership" cr--s who scurried out of the sl--e to the lip of the barrel. They are shameless ghouls.

Target Corporation has announced that it will cut about 500 roles at the company, partially in an effort to reallocate financial resources to boost the in-store customer experience.

https://www.fastcompany.com/91490082/target-layoffs-today-more-jobs-cuts-customer-experience-lags

So... I thought this was going to be a Technology-only round of layoffs but it seems that it expanded towards Commercial and possibly other teams... Brace for impact.