#layoffs

Does anyone know how long severance pay is? As a UM nurse we have hardly had any cases come through for all markets for over a month now. They said some members may be moved to the California team but they have not asked anyone to apply for CA license.

Got a 15min organizational update from someone that's not my supervisor. I think this is it.

Heard some rumors layoffs happened today. Any validity to that? TAS and mortgage were mentioned.

I’m not here to scare anyone but share what I’ve been told and heard but I was told there’s another RIF coming 2/19.

Many are wondering why the company layoffs are being done incrementally and not all at once or in large batch mode. The answer lies in the incentives the bank receives to operate this way. Let me explain.

What Is SUI?
State Unemployment Insurance (SUI) is a tax employers pay to fund unemployment benefits for workers who lose their jobs through no fault of their own. Every employer pays it — but not at the same rate.

Why the Rate Changes
States use an experience rating system.
This means your employer’s tax rate goes up or down based on how many former employees file unemployment claims.

• More layoffs → more unemployment claims → higher SUI tax rate.
• Fewer layoffs → fewer claims → lower SUI tax rate.

The rate can vary dramatically. In some states, employers with few layoffs pay almost nothing, while employers with heavy layoffs pay 10x or more.

How Layoffs Trigger Higher Costs

When a company lays off employees:

• Those employees file for unemployment.
• The state attributes those claims to the employer.
• The employer’s SUI tax rate increases for the next year (or several years).
• The company pays more per employee going forward.

For large employers, this can mean millions of dollars in additional annual taxes.

Why Companies Try to Avoid “Layoffs”

Because layoffs increase their tax rate, companies have a financial incentive to avoid anything that triggers an unemployment claim. This is why employees often see:

• Sudden performance downgrades
• “Voluntary resignation” pressure
• PIPs used as exit ramps
• RTO mandates that force attrition
• Location changes employees can’t meet
• “Resign or be terminated” conversations
• Severance tied to waiving unemployment claims

These tactics shift the separation from employer‑initiated to employee‑initiated, which avoids unemployment claims and keeps the SUI tax rate low.

Why This Matters
Understanding this system helps employees recognize:

• Why companies push resignations over layoffs
• Why performance ratings suddenly change
• Why severance may be tied to waiving unemployment
• Why “restructuring” is framed as “performance management”
• Why attrition‑by‑policy is cheaper than layoffs

This isn’t about conspiracy — it’s about incentives.
And incentives shape behavior that drives our illustrious culture.

Pinterest CEO fires back at workers fighting layoffs

Pinterest announced plans to cut hundreds of jobs last week. Now it’s firing engineers who tried to fight back.

https://www.thestreet.com/employment/pinterest-ceo-fires-back-at-workers-fighting-layoffs

It is happening in next 3 months. 18% to 23% cut this time and will be finalized.

Engineering will get hit real hard this time due to the cool off of AI.

I got an offer to internally transfer from OCI to the DB org, should I take it? Or just wait for the head chopping while preparing for the outside world?

Heard of folks being walked out at the research center earlier today. I guess positive financial results means layoffs. Negative results mean exercising the 5% rank and yank provision in the new performance system? Hopefully they give good packages if this is true…

This is incredibly strange and makes you wonder who manages GT and how.

For those who got the layoff news: how did it come? Was it a sudden calendar invite for a one-on-one, or an email, or something else? Trying to know what to watch for.

Many are talking about potential February layoffs. Does anyone have solid intel, or are we all just anxiously guessing? I wish we knew one way or the other so we could prepare.

Saw the CEO of Nuvia left qualcomm and some other leavers from Qualcomm. Wonder what is going on. Leaving to found something else or layoffs/forced exits.

Have there be layoffs in the HR department?

When applying for a job, the recruiter doesn't respond to emails - even after they specifically said to let them know if we didn't hear from the job interviewer after one week?

Does anyone have any idea when it will start?

Macy's Leads Thousands of Supply Chain Job Cuts
The freight market continues to struggle in early 2026. Over 3,100 job cuts have been announced since mid-January across various sectors. Macy's is closing its Owasso, Oklahoma, fulfillment center, affecting 993 employees. Alton Steel and Continental Tire also announced significant layoffs. Weak consumer demand and excess capacity contribute to these widespread reductions.

https://www.freightwaves.com/?p=570118

Now that you have been acquired by Texas Instruments, allow me to foreshadow what’s in store based on how the Lehi acquisition went.

66% of you are getting laid off. No one is safe. Start looking NOW!

Your leadership will tell you how great TI is. How we do not do layoffs and have great profit sharing of 20%. This is a LIE. We have quarterly layoffs and profit sharing has been severely curtailed for 2026.

Older employees will be “managed out“ to avoid illegal age discrimination. Document everything! Save every email! Do not sign any forms without consulting a labor lawyer! HR IS YOUR ENEMY!

You will be encouraged to bust your butt during the transition. Don’t. You are probably going to lose your job. Spend that energy finding a new one.

Cardone Industries is closing two facilities located in Texas. This action affects 129 employees in Harlingen and Arlington. The closures stem from parent company First Brands Group's financial and legal issues. First Brands Group filed for Chapter 11 bankruptcy in September.

https://www.expressnews.com/business/article/first-brands-cardone-texas-closure-layoffs-fraud-21329238.php

Confirmed some at rice creek today.

February might be the shortest month, but it'd still be good to know when exactly the supposed layoffs are to take place.

Eddie Bauer faces expected bankruptcy. Recent layoffs preceded this. The layoffs happened at the company's headquarters. Bankruptcy is now anticipated. These two events are linked.

https://www.bizjournals.com/twincities/news/2026/02/03/eddie-bauer-prepares-chapter-11-filing.html

All the top leaders, top contributors have mostly been kicked out or left, there is a real knowledge gap, quality issues, and continuous layoffs that's forcing basically leftover seasoned employees out. How will this company run ? How will it ever get its golden IPO ?? Who will buy Nielsen stocks ??

Fifth Third Bancorp officially acquired Comerica Incorporated. The deal was valued at $10.9 billion. Layoffs are expected following the acquisition.

https://www.woodtv.com/news/michigan/fifth-third-officially-acquires-comerica-in-10-9b-deal/amp/

Staff members in the newsroom were told they would be getting emails with one of two subject lines, announcing that the person’s role has or hasn’t been eliminated. A Post representative confirmed that one-third of the staff would be cut, without saying how many total employees the newspaper has.

https://www.12news.com/article/news/nation-world/washington-post-eliminates-sports-department-reduces-overseas-journalists-large-cuts-layoffs/507-e47c8bf0-b3aa-4f62-9b20-f355f6e2b1f8

sounding like new system going to be used sc--w people over

That is, if the layoffs are definitely happening this week.

The freight market continues to struggle in early 2026. Over 3,100 job cuts have been announced since mid-January across various sectors. Macy's is closing its Owasso, Oklahoma, fulfillment center, affecting 993 employees. Alton Steel and Continental Tire also announced significant layoffs. Weak consumer demand and excess capacity contribute to these widespread reductions.

https://www.freightwaves.com/?p=570118

Working every contact, and applying for anything where my skills might fit. I'm becoming desperate. One single interview, and it didn't work out. It's as bad out there as everyone says. Watching Open Text's nosedive is freaking me out. We knew things were bad, and layoffs became the norm, but this feels like the death throes.

That would make sense, it's pay week. I don't know how we're supposed to keep it together until this wave is over. I'm already stressed out of my mind.

When? Which department?

Enphase Energy reportedly laid off about 160 employees in January, which is close to 6% of the solar inverter, energy storage and EV charger manufacturers’ workforce.

https://www.solarpowerworldonline.com/2026/02/solar-inverter-manufacturer-enphase-lays-off-160-employees/

That's what I'm hearing about the restructuring and layoffs next week. Can anyone confirm?

Who going to coach us on the next sprint?

You know, MD says it best: "Vote with your dollars."

We should have organized and gotten representation years ago, but most people were brainwashed into thinking the company actually cared. They thought, "They'll never sc--w us; it’s illegal!" Hahaha.

When times were good, nobody cared, nobody prepared, and nobody read between the lines. Now that they’re messing with your pay, you're mad? Why now? It's too late for "now." We've already trained the machine to operate without us.

The only question that matters today is this: Are you prepared for an exit? Mentally? Financially? If not, you’d better start thinking about it. Fast.

Why is it so hard to tell us in advance, or at least confirm which orgs will be affected? It's as if the goal is to keep us perpetually on edge. Do they truly believe this constant fear of losing your job somehow makes us more focused and productive? The vibe in my office has been toxic for months. I dread coming in now more because of the atmosphere than the actual work, which is stressful enough on its own.

I'm so tired from doing too much work for no reward that I'd see being cut as a blessing. Bring it on, I say.

So thankful that I was apart of the 2018/2019 original layoffs with Sandy Dilworth and Michelle Wright. At first I thought wow, why me but now I look up in the sky and say thank you God that I was chosen and got out of this mess. I actually saw how great Carefirst was when I was hired in 2013 and supported Chet! Everyone was wowed by Brian P, the wolf in sheep clothing one of the best BSers I’ve ever heard in my life man He took Carefirst to the next level huh?! Lol