#layoffs

Posts mentioning hashtag #layoffs

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AT&T continues to slash jobs, destroy careers and negatively impact families. All the while, spending $25M on the Pebble Beach sponsorship. There's zero human connection between AT&T Leadership and those doing the real work. None!


North Carolina Jobless Filings Increase

North Carolina saw an increase in initial unemployment claims last week. The U.S. Department of Labor reported this data. Claims rose to 3,404 for the week ending January 31. This was up from 3,294 claims the previous week. National unemployment claims also increased last week.

https://www.fayobserver.com/story/news/2026/02/07/unemployment-numbers/88527060007/


Bahama Breeze Exits South Florida, 377 Jobs Cut Statewide

Bahama Breeze is a casual dining brand. The company is exiting South Florida. Its parent company is restructuring the chain. This restructuring includes a statewide layoff. A total of 377 employees are affected

https://www.bizjournals.com/southflorida/news/2026/02/06/south-florida-bahama-breeze-shutdown-layoff-377.html


I'm so sick and tired of layoffs and reorgs and whatnots

Shouldn't we be operating at peak efficiency by now considering how many times we've had to go through optimizations and reorganizations, all accompanied by layoffs? Yet I never see any improvements after any of these, I only see things become progressively worse.


Louisiana Jobless Claims Fall Last Week

Louisiana saw a drop in initial jobless claims last week. The U.S. Department of Labor released this information. New claims totaled 1,107 for the week. This number was lower than 1,400 from the prior week. National unemployment claims increased to 231,000.

https://www.theadvertiser.com/story/news/2026/02/06/unemployment-numbers/88526921007/


Salary disparity

It feels like SAP layoffs are just a negotiation tactic to keep salaries low at SAP.

The gross median income in Germany is around €52000 per year. And this includes bonuses.

Christian Klein's salary is €800,000 per year and he gets a bonus of €18 million or more.

So Christian Klein makes in a day what an average German makes in a year.

If we didn't have a CEO, we could have had 365 colleagues who could have added a lot more value to the company.

I understand that Christian Klein is a CEO of a large public company and he has responsibilities. I believe his salary is quite inflated and he should not get so much. And it is mind blowing that he gets so much bonus.

If there is less budget for salary and benefits, surely SAP can save money by paying the executives less. So why are they not doing that?

Also, the share buyback calculation seems off. To be able to buy back so many shares, SAP will have to lay off between 10000 and 15000 employees worldwide. For a company where employees are already overworked and underpaid, it doesn't make sense to buy back so much stock.


Optum Learn

Well, I think we are still named Optum learn but we might be changing to TIE. My question is do any of you out there know if more layoffs are coming to Optum Learn ? I too put in too many hours and think no way they could do without me. However, I have seen several people let go that were way better than me and it just doesn’t make sense.


Sunday Sickness..

For the employees located in South Jersey/Burlington who have been working from home the last 6 weeks due to renovations to make room for CFS in July, how is everyone feeling going back in tomorrow? I am not going to lie, dreading it.. Not only just the mere fact of going back into the office after being in a better place mentally from WFH, but like alot of people, seating arrangements are not great, alot doesn't make sense, I feel like it will be just another giant cluster*u-k.. I know we should be grateful about having a job, but I know plenty of people that are wishing they were one of the ones laid off--all we can hope for is that another round comes in the summer..


Kentucky Owl Bankruptcy Gets Trustees; Major Bourbon Firms Cut Staff

A Texas judge ordered Chapter 11 trustees for Kentucky Owl and Stoli bankruptcies. Lender Fifth Third Bank successfully argued for an orderly sale of 35,000 bourbon barrels. This approach aims to maximize recovery for creditors over immediate liquidation. The wider bourbon industry faces a downturn, impacting several companies. Major brands like Brown-Forman and Diageo have announced layoffs due to declining sales.

https://www.kentucky.com/lexgoeat/bourbon/article314595107.html


JCPS to Disclose 300 Administrative Position Reductions

Jefferson County Public Schools has not yet identified the 300 central-office jobs being eliminated. These specific details are expected to be revealed at Tuesday's school board meeting. Superintendent Dr. Brian Yearwood previously directed department chiefs to reduce their staff budgets by 50%. This measure is projected to save the district approximately $44 million. Board members have requested clarification on whether these cuts involve actual positions or existing vacancies.

https://www.wdrb.com/news/education/jcps-still-hasn-t-identified-the-300-central-office-job-cuts-details-expected-tuesday/article_23350a00-7322-419c-a033-98d4c6084ba3.html


Cox Enterprises Cuts AJC Staff for Digital Focus

The Atlanta Journal-Constitution announced additional layoffs this week. Parent company Cox Enterprises is accelerating its digital transformation strategy. These cuts aim to align resources with evolving reader habits. The move reflects broader challenges facing regional newspapers nationwide. Declining print revenue and shifting consumption patterns force painful restructuring decisions.

https://www.webpronews.com/atlanta-journal-constitution-cuts-staff-again-as-cox-enterprises-accelerates-digital-first-strategy-amid-industry-upheaval/


Idaho JFAC Considers State Agency Layoffs

The Joint Finance-Appropriations Committee (JFAC) is considering additional budget cuts for Idaho state agencies. These proposed reductions could lead to significant layoffs. Reports detail impacts of potential 1-2% agency spending cuts. This move goes beyond the Governor's existing budget recommendations. Uncertainty regarding federal tax changes influences these decisions.

https://bonnercountydailybee.com/news/2026/feb/05/jfac-eyes-more-spending-cuts-bonner-county-daily-b/


Idaho State University Reduces Workforce, Restructures Colleges Over Budget Deficit.

Idaho State University is laying off 45 employees. This action addresses an $8 million budget deficit. The College of Education will merge into a new humanities college. Biology department disciplines are also being reorganized. These changes aim to achieve significant cost savings.

https://www.idahostatejournal.com/freeaccess/45-layoffs-as-isu-axes-college-of-education-splits-biology-department-in-mass-restructuring/article_11660917-46c1-4ff9-b34c-b1c942eb4910.html


Aludyne WARN Act Investigation

Strauss Borrelli PLLC is investigating Aludyne Inc. after reports of a potential mass layoff in Columbus, Georgia. The WARN Act requires advance notice for major layoffs, and as a result, some Aludyne workers may be entitled to 60 days of pay and benefits.

https://straussborrelli.com/2026/02/05/aludyne-georgia-warn-act-investigation/


Massive layoffs expected in Crypto industry

The crypto industry is likely to see more projects snapped up by larger companies, which may lead to a much less fragmented sector in the months ahead, says Bullish CEO Tom Farley.

https://www.tradingview.com/news/cointelegraph:e05fad3c9094b:0-massive-consolidation-expected-across-crypto-industry-bullish-ceo/


Bell Media Cuts 60 Jobs in Digital Shift

Bell Media announced 60 layoffs. This move supports its digital media business transformation. Unifor stated 20 members were affected, including 11 journalists. These job cuts impacted staff in Toronto, North Bay, Halifax, and Calgary. The company previously eliminated 650 manager roles last November.

https://www.vancouverisawesome.com/the-mix/bell-media-lays-off-20-union-members-including-11-journalists-unifor-11837954


Block to cut 10% of employees

Jack Dorsey’s payments company Block Inc. has begun informing hundreds of employees that their roles could be eliminated during annual performance reviews, as the firm undertakes a wider restructuring effort.

https://www.tradingview.com/news/cointelegraph:ff1078dca094b:0-jack-dorsey-s-block-may-cut-up-to-10-of-staff-in-business-overhaul-report/


Teachers assail Chandler Unified layoff plan

The Chandler Unified School District has finalized its staff reduction plan, saving some librarian jobs that caused an uproar in the community, but at the expense of five more teaching positions.

https://www.chandlernews.com/santan/news/teachers-assail-chandler-unified-layoff-plan/article_891ef6fe-c698-4da3-acf1-4fd613830991.html


ASDB Approves Campus Relocation and Staff Reductions

The Arizona Schools for the Deaf and the Blind board voted to move its Tucson campus. The campus will relocate to Oro Valley next school year. The board also approved laying off approximately 70 staff members. Superintendent Annette Reichman cited funding shortfalls and declining enrollment as reasons. Many families and teachers expressed strong opposition to these decisions.

https://azluminaria.org/2026/02/05/this-action-will-gut-this-agency-asdb-board-votes-to-move-tucson-campus-to-oro-valley-lay-off-70-staff/


CEO resigns

The Washington Post’s CEO has announced he is quitting the job, days after the newspaper slashed a third of its staff.

CEO and publisher Will Lewis shared the decision in a message to employees on Saturday, which was later posted on X by the paper’s White House bureau chief.

https://www.aljazeera.com/news/2026/2/8/washington-post-ceo-resigns-after-sweeping-layoffs