#layoffs

Uniondale office has been used since early 1990s. Leased space trimmed down year after year to what is only one floor now. “Rumor” says entire location closing 9/1 with notice to be given 6/1. Take the Long Island railroad commute to NYC or resign. Approximately $5000 annual cost. No word if it’s 200 Park Avenue (Grand Central station) or downtown Greenwich office (train ride, subway ride, then a few block walk to the building). For most in the building commute will be 60-90 minutes one way when currently it’s 15-45 minutes. Best estimate is this affects 300 people, all of whom are well aware of the “rumor”. Also “rumored” is the closing of the Franklin Avenue location of wealth management (20-30 people?). Progress tells us to be robotic commuters, sit in small desks in a football field sized environment, everyone wear the obligatory BNY vest or Eliza jacket, whisper so as not to disturb colleagues, watch higher ups use their offices, never get a glimpse of the C suite, arrive early, stay late or be subject to ridicule. Leave home at 6AMish arrive home at 8PMish. Sounds attractive?

Working for my whole life and was looking for a long term job to save money and retire but went through 4 layoffs and two company closings.

A couple of years in I see the signs. The rats start leaving the sinking ship. Cubicles being moved around, bodies relocated to owned spaces, rather than rented. Unreasonable targets and although profits are up... They want more. Blowhards in management speaking but nothing of relevance is being done. LifeVests are not being replaced.

This is the death of the middle class in slow motion. God save us all.

If we're going to have layoffs in March, why does the Warn Act not have TransUnion listed in their January report?

Who else has come to the realization that his/her TI dreams are gone forever?

Self published and thousands of copies. So sad. So NOT what AI is all about - actual paper copy book. Good grief. Then there are the WILD events Sales sponsors for leadership and their pets & the wink wink business travel needed to international destinations where leadership family tags along. Money, money, money. No bonuses, no hiring, leadership BLEEDING fun spending. NORTEL all over again.

https://www.hollywoodreporter.com/business/business-news/david-ellison-adds-new-sweeteners-in-hostile-paramount-megadeal-bid-for-warner-bros-1236501314/

Why not go all the way? What's stopping us from going all out with buying them? I thought we had endless money to empower us to be a global force in entertainment. If we lose out on this, I see another cut so big the wound will never heal.

Instead of having tons of messages, let’s do this:

• Position

• Department

• Years of Service

• Severance Offered

Firearms manufacturer Sturm, Ruger & Co. confirmed recent layoffs. The company reduced its New Hampshire workforce by less than 5%. This adjustment affected 90 of its 1,800 employees. The moves address cost misalignments and balance production with consumer demand. Sturm, Ruger faces financial challenges and a declining firearms market.

https://vnews.com/2026/02/09/newport-g-n-maker-layoffs/

Enjoy.

https://www.hollywoodreporter.com/business/business-news/massive-layoffs-if-paramount-buys-warner-bros-says-netflix-1236500848/

Overheard a manager across the cubicle talking about a 5% across the board reduction next week. I’m in Jersey City. They are definitely acting like a RIF is imminent.

New Jersey experienced a significant increase in job cuts during January. Employers announced 1,980 layoffs, a 544 percent rise from January 2025. This surge mirrors national trends not seen since the Great Recession. Amazon accounted for 871 of New Jersey's January cuts. Experts indicate employers are less optimistic about the 2026 outlook.

https://patch.com/new-jersey/across-nj/job-cuts-spiking-nj-national-layoffs-mirror-great-recession-totals

The only way Fiserv can survive if it can go back to the George/Les/Jeff era - Respect employees! Fiserv has no employees. Most fired, rest shifted as an expense to Infinite, and Frank sold all his shares for $550M.

Think.,,,

What is going on in Jacksonville, more layoffs? Board on site?

Republic National Distributing Company is implementing further layoffs. These cuts are occurring across the country. The distributor previously laid off over 1,700 employees last year. Those earlier cuts were due to shuttering California operations. RNDC has also experienced an exodus of suppliers recently.

https://www.brewbound.com/news/rndc-confirms-new-layoffs-amid-supplier-losses-structural-adjustments/

1. Capped earnings — introducing plans where up to 60% of payout is effectively unreachable.
   1. Rigid RTO mandates — reversing years of successful remote performance with no clear productivity rationale.
   2. Artificial gating — 50% storage gates that suppress commissions even when deals close.
   3. Unattainable quotas — targets set beyond realistic market conditions to control compensation expense.
   4. Remote = stalled careers — limiting promotions for employees who remain remote despite proven results.
   5. Frozen pay growth — eliminating merit raises regardless of performance.
   6. Commission erosion — reducing or eliminating commission opportunities that once defined sales roles.
   7. No in-role advancement — blocking progression within current positions, removing career pathways.
   8. Constant quota changes — moving goalposts mid-year, undermining trust and planning.
   9. Vanishing checks — commission statements that frequently fail to reflect closed, booked business.

Eddie Bauer is closing its Seattle headquarters. The outdoor apparel brand will lay off 60 employees. Its 50,000-square-foot Sodo headquarters is in Seattle. The company leased this space in 2022. This move affects the Seattle-based company's operations.

https://www.bizjournals.com/seattle/news/2026/02/09/eddie-bauer-layoffs-headquarters-closure.html

Michigan's initial unemployment claims dropped last week. Filings fell to 8,535 in the week ending January 24. This was down from 16,776 the previous week. U.S. unemployment claims also saw a slight decrease. They dropped to 209,000 nationally.

https://www.aol.com/articles/unemployment-claims-michigan-declined-last-080100923.html

IBM’s spinoff, Kyndryl, seems to be in a wee bit of trouble.

I was going to attach a link, but honestly, just Google it — there are plenty of articles out there.

It’s a company led by former IBM executives, operating with the same policies, technology stack, infrastructure, and culture.

Something is rotten. Will it infect the mothership?

https://thehill.com/opinion/technology/5726509-valuable-employees-corporate-layoffs/amp/

Smithfield announced layoffs for 190 workers in Springfield. The company will permanently close its local dry sausage facility. Layoffs are scheduled to start on April 10, 2026. The plant's production will cease by August 21, 2026. Smithfield attributes the closure to changed business requirements.

https://www.westernmassnews.com/2026/02/09/nearly-200-people-be-laid-off-longtime-springfield-business/

The new performance distribution targets are roughly 18% 'Contributing' and 2% 'Underperforming.' Is leadership actually held to these same quotas, or is this just another squeeze on ICs? Word on the floor is that managers are using the lower tiers to offload people they personally dislike rather than using actual metrics. Between the forced rankings and the 3-year raise freeze, it feels like the IC experience is being sacrificed to pad the leadership layer.

It will get ugly…

"For nearly a year, the company dismissed short-seller allegations as mere 'falsehoods,' but today those chickens came home to roost with a $2.8 billion loss in market cap."

https://www.chartmill.com/news/KD/Chartmill-41541-kyndryl-accounting-implosion-sec-gotham-city-vindicates

Or at least, I haven't heard a thing. Somehow, that makes me even more worried. They've trained us well.

Weeks after scrubbing “renewable energy” from its name, the National Laboratory of the Rockies in Golden, formerly known as the National Renewable Energy Laboratory, is also shedding workers.

The cuts impacted 134 employees engaged in both research and operations at the laboratory, according to an emailed statement from David Glickson, a spokesperson for the federal research center.

https://www.cpr.org/2026/02/09/nrel-layoffs-2026/

https://www.theage.com.au/business/workplace/telstra-to-cut-209-jobs-from-ai-joint-venture-offshoring-work-to-india-20260210-p5o15l.html

Telecommunications giant Telstra and consulting firm Accenture are proposing to slash hundreds of roles from their data and AI joint venture, with some work to be offshored to India.

Telstra’s $700 million joint venture, one of the biggest AI investments by an Australian company to date, said on Tuesday it proposed to cut 209 jobs.
The venture, announced in January last year, is aimed at rolling out AI capabilities across Telstra to improve its business processes, chief executive Vicki Brady saying at the time it would build specialised AI tools for its teams to “work smarter and faster”.

A spokesperson for the joint venture confirmed on Tuesday evening that it would be reducing roles “where work is no longer needed” and moving some of its work to the joint venture team in India which, they said, had advanced AI expertise and a specialist hub that could deliver Telstra’s data and AI roadmap more quickly.

“We anticipate that over time, this would result in improved cost efficiencies
and bring an enhanced experience to Telstra’s customers,” the spokesperson said. <-- In this employee's opinion, it would only be a negative enhancement.
.....

In 2024, every single person in marketing that took FMLA or Short-term disability was made redundant! Everyone!

Okta is not about talent it is about authoritarian obedience!

Converse layoffs. Nike layoffs. Layoffs, layoffs, layoffs. Holy fvck. Just die already.

I've been here for 12 years and I am so burned out by it all.

No money for anything. No baIIs to do what's right. Shovel jobs to India where they don't give 2 shlts.

Why should any of us care anymore? I feel like I'm working at the Blockbuster of shoe companies.

After work today I visited a big Pawn shop in Detroit . Without mentioning the name, most people would be familiar with the place.
Not doubling my Ford manager of carrying through. I pawned my Ford laptop at the pawnshop. I tossed the stub walking out the door because I'm not bothering getting it back.

Sorry to hear this for a lot of you.

Last week, my bosses boss put a 1 x 1 on my calendar with no context for Wednesday, 2/11. I’ve never met with my bosses boss before (a VP). Should I be concerned it might be a layoff? I’ve been seeing threads that layoffs with Cigna only occur on Thursdays at the end of a pay cycle (which would be 2/12). Timing is close but maybe because it’s a Wednesday it’s for something different?

The K-12 health care startup Hazel Health has laid off 135 people, about half of whom are clinicians. This is the second round of layoffs announced at the company in the past four months.

https://bhbusiness.com/2026/02/06/hazel-health-cuts-135-employees-second-layoff-announced-in-4-months/

It seems that there have been more layoffs today, primarily on the account delivery side. Right before the 401(k) match payout. Not sure if this is widespread or localized. These do not appear to be rebadging events.

On February 9, 2026, Forrester Research announced a workforce reduction of about 8% across geographies and functions, following notifications that began on December 15, 2025 and are slated to conclude by July 31, 2026. The company expects pre-tax expenses of roughly $10 million to $10.5 million in the fourth quarter of 2025 and the first three quarters of 2026, primarily for cash severance and employee benefit costs tied to these layoffs.

https://www.tipranks.com/news/company-announcements/forrester-research-announces-workforce-reduction-and-restructuring-plan

has anyone noticed company treat H‑1B employees like rare Pokémon during layoff carefully protected while the rest of us get tossed like common cards?

across data and risk managemnent. Reuters quotes that Citi thinks only ticking the box work is left for consent order especially with data. Though the OCC committee has to agree with the work done by Citi and this committee has appointees from both political parties, they might just give it given the overall direction of regulations under the present admin.

What this will mean....obviously layoff's. In any case, Nawani's org size is beyond control. It's still a pretty cr@ppy market...those in such roles should dust out their resumes and start applying/activating network

More people got cut today, despite a big wave happening this past Thursday. If you even get an itch that something is off (more work, less work, more micromanaging, time off not being approved or acknowledged), it could be a sign. Stay vigilant, keep having conversations with your peers and network, and start looking elsewhere before it's too late. There will probably be more just based on the stock.

Republic National confirmed a round of job cuts last week. This Grand Prairie-based distributor cited structural adjustments. The company did not specify the number of affected employees. These actions follow a series of recent industry challenges. It previously faced missed payments and lost major contracts.

https://www.expressnews.com/business/article/republic-national-layoffs-texas-alcohol-21342828.php