#layoffs

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

US Layoffs Roundup (9/12/2026)

• Oracle - expanding its 2026 restructuring plan by another $700 million, bringing expected restructuring costs to about $2.8 billion, largely tied to severance and job cuts; the number of additional layoffs was not disclosed.
• School District of Palm Beach County - cutting 244 positions following an enrollment decline; the district says the budget reductions are expected to result in position eliminations and subsequent layoffs.
• Montrose Forest Products - 90 employees at its Colorado mill face permanent layoffs under a WARN notice filed with the state.
• USC Viterbi School of Engineering - cutting 65 employees, including programmer analysts, software engineers, program directors, web developers, computer services consultants and network engineers.
• Visionary Realms - developer of Pantheon: Rise of the Fallen announced layoffs as part of a restructuring; the number of employees affected was not disclosed.
• McClatchy - follow-up reporting says more than 90 unionized journalists were cut across 17 newspapers nationwide.
• Idaho Statesman - follow-up reporting indicates the McClatchy cuts eliminated roughly half or more of the newspaper's journalists, with one report describing about 60% of the staff as affected.
• Fresno Bee - follow-up reporting says the McClatchy layoffs eliminated as much as 40% of the newsroom.
• Sacramento Bee - follow-up reporting confirms the newspaper's final three sports journalists were eliminated, effectively wiping out the sports department.
• The State - South Carolina newspaper was also hit by the McClatchy layoffs, including elimination of its environmental reporter position.
• Lexington Herald-Leader - additional reporting describes the McClatchy layoffs as a major reduction at the newspaper; several reporters were among those eliminated.
• Charlotte Observer - follow-up reporting confirms eight journalists were lost in the McClatchy layoffs.
• Conifer / Tenet - follow-up reporting puts the previously announced workforce reduction at 1,037 primarily remote employees across the U.S. tied to the departure of a major customer.
• CLYNK - follow-up reporting confirms a WARN notice covering 54 employees as the company closes its Biddeford, Maine facility.
• Ruiz Foods - follow-up reporting puts the California job cuts at 176 employees following the company's headquarters move to Texas.
• Business Insider - its unions issued a statement criticizing management's continued use of layoffs; the alert does not specify the size of the latest reduction.
• Block - CFO discussed the company's earlier AI-related workforce reduction of about 40%; this was not a new layoff announcement.
• Amazon - new reporting on Seattle office consolidation notes that more than 7,200 local employees have been affected by previous layoffs since 2022; no new layoff round was identified in the report.
• Meta - new reporting on additional Washington office space being put up for sublease references layoffs that began July 22; no new layoff round was identified.
• Disney - mentioned in reporting as having conducted previous rounds of layoffs and offered early retirement to longtime executives; no new layoff announcement was identified.

When I got laid off, people acted like I should shake it off and start applying the next morning. They didn't seem to understand that you're not just losing a paycheck, you're losing your routine, your plans, and sometimes a big part of your identity. I was angry, sad, and completely thrown off for a while. I'm still not fully recovered, and I'm lucky to have been able to find a new job rather quickly.

All this to say, if you're laid off, give yourself some room to be upset about what happened. That's not something you need to apologize for.

Oracle Reportedly Expands Restructuring Plan by $700M As AI Data Center Costs Mount

https://www.yahoo.com/finance/technology/ai/articles/oracle-reportedly-expands-restructuring-plan-233330514.html

Management knows what’s coming in Q4.

Complete the training. Hit the KPIs. Spend the budget. Build the pipeline. Check every box.

Because the game is already rigged.

The goal isn’t necessarily to offer severance. It’s to build the paper trail, stack the performance issues, and performance-manage employees right out the door.

10, 20, 30+ years of service?

Thanks for your contributions. Now feck off.

No severance. No payout. No real recognition.

Just a carefully documented performance process designed to get you out the door as cheaply as possible.

And then we’re expected to believe that a demoralised, exhausted workforce can somehow deliver record profits.

How does that work?

FIS has spent years shrinking after two big strategic bets that have not paid off as promised. The shares are about thirty-eight dollars, down more than forty per cent in a year. Headline profits look strong only because of a one-off gain on the last of Worldpay. Debt is still around twenty-one billion dollars after the firm bought Global Payments’ issuing business.

Staff numbers have fallen from about sixty-nine thousand in 2022 to forty-four thousand. There have been repeated job cuts, and many American roles have been moved to Cognizant or offshore. Chief executive Stephanie Ferris is paid around twenty million dollars a year while the share price has slumped.

Worldpay was a strategic failure of management. FIS paid tens of billions in 2019 for a merchant business that did not fit, destroyed a great deal of shareholder value, and has since been sold off in pieces at a much lower valuation. The Modern Banking Platform looks like a second failure of the same kind. It was built from scratch as the cloud-native core that would replace the old IBS and Horizon systems. Years on, the platforms banks are still buying, and the ones Gartner still ranks, are mainly Horizon and IBS. FIS has stopped actively selling MBP as that replacement. The marketing site remains, but the commercial centre of gravity has not shifted. Building a new core from the ground up is costly, slow and risky. Money and people went into MBP while the installed bases that actually earn fees were neglected, then the firm cut staff and moved work offshore.
The current cuts are the aftermath: tidy the portfolio, lift margins and cash, get debt down, and perhaps sell the weaker capital-markets bits. Selling the whole company is possible later if the shares stay cheap, but it is not the official plan. Customers feel it where a promised next-generation core never became the main product and experienced people leave. Worldpay and MBP were not bad luck. They were management choices, and the leaner company now is what those choices cost.

There is a plan being carried out to reduce promotions. Be ready to be offered only lateral moves at best or be given additional responsibilities with no CL promotion.

The target is to reduce CL 28+ 50% by 2030 and even more by 2033 through retirements, attrition, and PIPing.

Executives are exempt from these rules and will continue being promoted.

Technical Career Ladder employees are doomed.

There are almost no upstream technical employees left. All being replaced by downstream. If you are heritage upstream technical your days are numbered. They are coming for you.

If the company were to announce any year-end workforce reductions or restructurings, could anyone clarify what the typical timeline looks like?

Specifically around

Notice Period: How far in advance are affected individuals/teams generally notified prior to an official announcement

Offboarding Timeline: After an announcement is made, what is the typical length of time employees remain active on payroll

Heard from a reliable source that a massive (600+ people) are getting let go at the beginning of October. Was told it impacts every level….Just wanted to give others a heads up in case your manager is acting funny 🫠

The title says it all.

S-B trying to wrap himself in the work and sacrifice of others. FU Dan. VZ had over 220K employees at one time, and now under 90K, most of them kicked to the curb before Dan put his sh1t covered boot prints on the company. Hey Dan, what about those employees and their families? Guessing a number of those families went on to lose their homes and drain their 401k accounts, not to mention any health issues that could not be properly addressed because they lost their health insurance. Don't give me the BS about cutting people for the good of the company. There is and has been PLENTY of money coming into the company. That money does NOT need to keep going up to the wealthiest people in the world. Those fired employees helped build this company into the one that HAD the best network. Well, it was, at least, until you and your ilk decided the network was over engineered and decided to let the upkeep go to he-l (readers - see the fierce wireless article for Dan's characterizations). All the mid level managers and higher going along with it and participating in the RIFs are just as bad. P1ss poor human beings. Go work for a defense contractor where you can do even more damage....

Beyond 9/11, there are and have been many employees who sacrifice their time when there are natural and other disasters to get and keep the network up and available. Now, because of the cutbacks (i.e. greed of the sociopaths), even though those efforts are still needed, people are and will be stretched beyond thin when those efforts are needed.

Fierce Wireless article link:
https://www.fierce-network.com/broadband/verizon-ceo-dan-schulman-describes-himself-pretty-intense-guy

"Schulman said he wanted to emphasize four things over the past year. "The first is I wanted the company to stop being overly engineering focused and really be obsessed with our customer.” He said he would measure the success of that based on whether churn was going down and whether post-paid phone net ads were going up."

Anyone else see the invite for the All Hands on October 29th? Do we think that is when more layoffs will be announced?

Expect it on Monday.

The bigger issue isn’t just layoffs — it’s what the organization is choosing to fix versus what it continues to allow.

In some areas like TS & EP, teams already seem very lean, yet people are still being let go. At the same time, other areas such as EA/Innovation in TS & EP continue to grow despite what appear to be significant overlaps in roles and responsibilities.

GCC is another example. There seems to be ongoing conflict between leaders, with teams getting caught in the middle and even being encouraged to Speak Up against other leaders. Common Services also appears to overlap significantly with existing Service Owner responsibilities. In some cases, the teams actually doing the operational work and participating in incidents are barely visible, while common services come in afterward and present the outcome as though they drove the resolution.

The result is an increasingly political and toxic environment. People are protecting territory, competing for visibility and credit, and questioning who they can trust. Friends don’t feel like friends anymore, and leaders seem more focused on positioning against one another than working together.

If layoffs and restructuring are supposed to make the organization more efficient, why aren’t we first looking objectively at duplicated organizations, overlapping responsibilities and layers of leadership?

Whether leadership intends it or not, the current structure and behaviors are enabling this culture. And it is becoming exhausting for the people who are simply trying to do their jobs.

But If you're still before SS eligible and not near Medicare, this offer is nothing special.

The studio behind the popular Grand Theft Auto franchise is currently facing legal action. These lawsuits stem from recent layoffs that have impacted employees in both Canada and the United Kingdom. The specific details of the legal claims have not yet been fully disclosed. This situation highlights potential labor disputes within the video game development industry. The company has not yet issued a public statement regarding these legal proceedings.

Canada, United Kingdom

https://www.ctvnews.ca/business/article/gta-vi-studio-faces-legal-action-over-layoffs-in-canada-uk/

The company is packing too much negativity into too small a time frame, continuous impacts of layoffs and PIPs coupled with failing projects, executive hubris and nitpicking cuts. The untouchable exec class are failing and it's the peasants that take the hit over and over again. XOM is heading towards a cliff edge.

Future Plc, a global media and entertainment company, has initiated a round of layoffs impacting its workforce. The company is implementing these cuts as part of a strategic restructuring effort. These changes are intended to streamline operations and improve efficiency across the organization. Specific details regarding the number of employees affected or departments impacted have not been fully disclosed. This move reflects broader trends in the media industry facing economic pressures.

London, England

https://www.gamesradar.com/games/fallout-co-creator-tells-new-devs-terrified-of-layoffs-theyre-wrong-to-expect-making-games-to-be-a-stable-job-art-itself-is-inherently-unstable/

Uber's CEO and COO have collectively invested approximately $15 million in company stock. This significant purchase occurred shortly after the company announced substantial layoffs. The executives' actions signal strong confidence in Uber's future strategy. These buys represent the largest insider stock acquisition in the past year. The investment comes as Uber focuses on streamlining operations and expanding its robo-taxi division.

San Francisco, California

https://finance.biggo.com/news/b82520a7-f1ee-4e7a-ad99-1ded12d75a3f

Gartner predicts that by 2029, one-third of positions eliminated due to AI-related layoffs will be refilled. This suggests that many companies made premature and excessive workforce reductions. The research indicates that these cuts deplete talent and institutional knowledge, leading to higher recruitment and training costs. Organizations prioritizing cost savings from AI risk being outpaced by those reinvesting in innovation and upskilling. Many executives are reportedly using AI as a pretext for budget-driven layoffs.

https://www.computerworld.com/article/4220413/layoff-remorse-gartner-says-at-least-one-in-three-positions-eliminated-by-ai-will-be-restored-by-2029-at-a-higher-cost.html

Columbia College Chicago has eliminated two career advisor positions as part of recent staff layoffs. The Career Center will continue to offer its full range of services to students. Leadership team members will now assist with advising, leveraging their extensive experience. While two advisors were let go, the remaining staff are trusted to support all students. The college emphasizes its commitment to student career development despite these changes.

Chicago, Illinois

https://columbiachronicle.com/campus/columbia-eliminates-two-career-advisor-positions-in-recent-staff-layoffs/

https://newstalk870.am/will-multicare-layoffs-hit-tri-cities/

Pleasant Valley Remanufacturing has reduced its workforce to a single employee due to the ongoing trade dispute between Canada and the United States. The company owner cited increasing American tariffs and a shortage of raw materials as major challenges. This has led to significant operational slowdowns at other company facilities. The remaining employee is responsible for the plant's upkeep and security. The company had previously planned to employ up to 150 people.

Houston, British Columbia

https://houston-today.com/2026/09/10/houston-suffers-more-forestry-layoffs/

Omnicom is conducting a thorough review following the loss of PepsiCo's media business. The company is analyzing the reasons behind this significant client departure after a long-standing relationship. This review is part of a broader business assessment and will inform future strategies. While the immediate financial impact is manageable, Omnicom is focused on understanding the reputational implications. The company plans to aggressively pursue new business opportunities to offset any revenue shortfalls.

New York, New York

https://www.storyboard18.com/agency-news/omnicom-plans-workforce-reduction-as-pepsico-loss-triggers-business-review-110407.htm

Educational Testing Service will eliminate 62 positions at its Princeton facility. This action is part of a larger workforce adjustment. The layoffs are scheduled to occur in two phases. Affected employees will be separated on November 9 and December 31, 2026. The organization is a major nonprofit focused on educational assessment.

Princeton, New Jersey

https://www.nj.com/business/2026/09/major-nj-educational-testing-organization-plans-layoffs-affecting-62-workers.html

The University of Utah is initiating staff cuts to address anticipated funding challenges. These reductions are expected to impact between 5% and 15% of the workforce, affecting departments such as HR, Finance, IT, and Administration. The university aims to complete these workforce adjustments by the end of the current fiscal year in June 2027. These measures are intended to reprioritize spending and prepare for future challenges, including declining college enrollment projections. The university stated that modernizing operations will free up resources for core educational and research missions.

Salt Lake City, Utah

https://www.abc4.com/news/education/university-of-utah-layoffs/

Sparhawk has announced the complete closure of its Wisconsin Rapids business. The company was unable to secure a buyer during its bankruptcy proceedings. This decision will result in the termination of all employees. Layoffs commenced this week as the closure process began. The business will no longer operate.

Wisconsin Rapids, Wisconsin

https://www.wisconsinrapidstribune.com/story/money/2026/09/10/sparhawk-trucking-to-close-in-wisconsin-rapids-employee-to-be-laid-off/91691628007/

Ruiz Foods is implementing layoffs affecting approximately 175 positions at its Dinuba manufacturing plant. These reductions are scheduled to take effect on November 4th. The company cited a need to align production capacity with anticipated customer demand as the reason for the cuts. Employees were informed of the decision on September 2nd, and the Dinuba facility currently employs around 1,400 individuals. Eligible workers will receive severance packages and may have opportunities to apply for positions at other Ruiz Foods locations.

Dinuba, California

https://www.yourcentralvalley.com/news/local-news/ruiz-foods-dinuba-layoffs/amp/

I am ex-O, laid off last year. Still have many friends at Oracle at high positions and 2 of them confirmed no layoffs this time. So relax all. Enjoy your weekend and don't listen to trolls who get kicks out of fear mongering.

Biopharmaceutical companies reported significantly fewer layoffs in August compared to the previous year. The total number of companies implementing workforce reductions decreased by 48%, with affected employees dropping by 90%. This improvement is largely attributed to a massive reduction at CSL in August 2025. However, there was a month-over-month increase in August 2026, with more companies and employees impacted than in July. Several companies, including Arsenal Biosciences, aTyr Pharma, and Lisata Therapeutics, are cutting a substantial portion of their workforces.

Cambridge, Massachusetts

https://www.biospace.com/job-trends/august-biopharma-layoffs-impact-just-over-500-down-90-year-over-year