#layoffs

And those of you laid off are going to be in way better spots and laughing at the decisions being made today by terrible people who are so shortsighted.

The guy's been here for less than a year, but I've gotten to know him pretty well in that time. Before starting here, he was laid off by his previous company and spent nearly six months trying to find another job. He told me how stressed he was during the process, and how he was starting to lose hope when he got an offer from USAA. Now he's been laid off again and I can't even imagine how he's feeling. How do you even explain two layoffs in less than two years to a future employer? He's completely crushed and out of steam.

I heard rumors they are closing operations in China can anyone confirm this? Are they closing the Shanghai office?

Today we have a townhall meeting that is 30 minutes long, every other townhall we have had was always one hour, I am kind of concerned, but I also know Centene has their earnings call February 6th and if that goes badly, I am positive we will see more layoffs.

Allegiance recently integrated with Cigna’s HR structure this year. Employees were notified the layoffs would not impact them but the company faces continued pressure on expenses this year. And they are working diligently to avoid workforce reductions. Most likely pressure coming from Cigna

Stinkey thinks hes cute and funny, or when he tries to be. Our stocks have plateaud, people are leaving, ones staying will retire in 2 to 3 yrs or so, cant hire youngsters because nobody wanna work here.... on top of forced 5 days without a SEAT. Leadership is solving the wrong problem. To all of yall who played his townhall yesterday, and mute the sound, Kudos to ya!

What's happening with TEBG? Heard of a re-org for the marketers. Does this mean layoffs/restructure?

Another. New. Low.
https://m.youtube.com/watch?v=WQBc8yxjdSs

I heard more layoffs in Feb. anyone else?

John Deere is recalling 99 employees for Iowa facilities. This decision stems from increased demand. Seventy-five workers will go to Davenport and 24 to Dubuque. All returning staff work in production and assembly. Their start date is set for mid-February.

https://www.kcci.com/article/john-deere-jobs-iowa-99-employees-return-davenport-dubuque/70174692

RTO is the industry standard---Live with it

I was laid off from T-Mobile last week and am looking for a new job. What types of positions are currently open at AT&T?

2,000 (3%) RIF by end of February.

Driven by AI and automation (no mention of HIH which is laughable).

Notifications will go out for the next couple of weeks.

It’s safe to say the cuts won’t end there.

Johnny Was, a boutique, has closed its Country Club Plaza location. The store is no longer listed on the Plaza’s directory. Racks and other items were seen being removed on Wednesday. Corporate headquarters confirmed the closure. This adds to recent Plaza shop closures.

https://fox4kc.com/news/boutique-closes-at-kansas-citys-country-club-plaza/

It was essentially ignored in the earnings call, but it was on the slides. Expectation of captured Lexmark synergies and continuing project Reinvention. Together, each drives layoffs.

One example, a software used by Lexmark is chosen instead of one used by legacy Xerox. Software cost savings are achieved, but the people managing the legacy solution? Bye bye headcount. This applies to Reinvention as well, as we have seen over the last year with layoffs.

General Motors confirmed the end of its third shift at the Oshawa assembly plant. This decision results in the layoff of approximately 700 unionized workers. The plant, located in Oshawa, Ontario, produces the Chevrolet Silverado. The automaker had previously postponed this shift cut due to strong demand. U.S. tariffs on Canadian-built vehicles are cited as a contributing factor.

https://www.auto123.com/en/news/gm-shift-cut-oshawa-700-layoffs/73621/

So many threads out there.. lets just track here..

I have not received any email so far. -EviCore, Business analytics

Q4 only looks “good” if you stop at the headline: revenue jumped +26%, but that’s almost entirely because Xerox bought Lexmark.

Strip that out and the underlying business is still shrinking by 9%. Cash is the real story: free cash flow for 2025 fell to about $130M, down from roughly $470M last year, a MASSIVE drop at the exact moment debt is crushing the company.

The snapshot that truly matters: Xerox has roughly $500M in cash, $4+ billion in debt, and only about $400–450M of equity left.

Goodwill sits around $2+ billion (Goodwill Guy will check this), meaning one big write-down and equity is basically gone on paper.

Interest expense alone is running close to $250M A YEAR. This is why management rolled out the warrant scheme before earnings as an attempt to reduce debt without spending cash and without going to bankruptcy court.

Q4 proved the company is operationally alive but financially boxed in.

The warrants, the timing, the messaging... all of it points to one thing: advanced financial engineering to avoid Chapter 11, not confidence in growth.

This is what survival mode looks like when you still want to stay in control.

Connecticut’s unemployment rate increased to 4.2% in December. This represents a 0.2% rise from the previous month. Payroll jobs also declined by an estimated 500 in December. The state's labor force dropped by 20,000 workers over six months. Republican lawmakers criticized the state's economic growth and affordability.

https://www.courant.com/2026/01/26/connecticuts-unemployment-rate-rises-hundreds-lost-jobs-in-december/

Benchmark Electronics will lay off 65 workers. These layoffs will occur in Phoenix. The electronics manufacturer filed a state notice. This notice details affected positions and cut dates. It also explains the reasons for this decision.

https://www.bizjournals.com/phoenix/news/2026/01/28/benchmark-electronics-layoffs.html

https://investors.xerox.com/news-releases/news-release-details/xerox-releases-fourth-quarter-and-full-year-results-2

FCF of $133 mil for FY 25, and operating margin is 3.5% down 140 BP YOY.

TL;DR: Gross sales are up, but they are running out of money.

U.S. employers face numerous state-specific HR regulation changes in 2026. ADP's SPARK blog details 48 targeted shifts, from AI bias curbs to paid leave. California updates include sick leave amendments and pay data separation. Colorado and Illinois address AI bias, while Delaware and Maine launch paid leave programs. Multistate firms must proactively audit policies and upgrade technology for compliance.

https://www.webpronews.com/2026s-state-hr-patchwork-48-compliance-shifts-employers-cant-ignore/

How many OG’s are left?

I'm convinced (and have some evidence) that a big announcement is coming. I think everyone is expecting CEO announcement but I suspect it's were being SOLD either wholesale or in parts.

Project Mongoose was supposed to wipe out many jobs in 2025 and replace them with AI. And from 2026 onward, we were supposed to have at lease 1-2% in layoffs every year.

So far I have heard that there are no layoffs planned. I have also heard that lists to lay off employees are being created and they'll lay off as soon as they get a green light. I have also heard that Betriebsrat and HR and executives are taking legal action against each others regarding layoffs. I have also heard that they are empowering managers to give a bad performance rating to anyone they want gone and use this new performance management to lay off employees every year.

I also heard that many colleagues in the US were laid off but when I ask my manager, she says it is fake news and I should focus on my work.

What happened to Project Mongoose?

PS: I would prefer non-political answers. Also, please keep your racism to yourself.

Q1 and Q2

As pointed out on glassdoor a couple weeks ago {https://www.glassdoor.com/Reviews/Employee-Review-PNC-Financial-Services-Group-E507-RVW102269233.htm} this whole RTO5 will be very expensive for us. Min $20/day parking. If you can find parking. Need to buy a vehicle? Do you have to hire a babysitter? Daycare? Cancel your evening plans because of traffic. None of this RTO5 makes life any easier for us or the public. And let's be real nobody wants to sit in an overcrowded office and listen to other people scream on teams calls all day. I could go on and on. This RTO5 may as well be called a pay cut. And like clockwork there is high certainty the C-level folks will see some sort of compensation boost before end of year. "Hey thanks for agreeing with my RTO policy and fu--ing over our loyal employees. Our board thought it would be nice to offer you a bucket of PNC shares."

#RallyToOppose
#ResistTheOrder
#ReasonToOrganize

https://x.com/thejobchick/status/2016652462820905324

Let that sink in.

That is correct it’s 16,000 people to be let go.

Maybe all the downvoting and “you’re crazy” commenting people trolling us will listen. This is easily the 8th time this site has accurately reported when layoffs would occur. It’s not to panic people. It’s to help us prepare. Prepare for transitioning, finances, prepare resumes, start looking at job market. While some may already be doing that, many have a wild fear of change and don’t.

Please let this be your wake up call. You need to be plugged in to your network, expanding it, strengthening it. You need to be touching your resume every couple weeks.

Taro/ Sunphatma - layoffs coming down the pipeline… Never have I ever been at a company where there is no leakage. - Just get it over already!

XOC, Construction and Headend are on the cutting block this time being told immediately to go home and they will be paid till March and start applying. I know CMO and supervisors and below are affected. This one so far seems to be a lot more quiet than the removal of divisions.

My boss told me layoffs are coming

Headwinds ahead

Is anyone hearing that more layoffs are on the horizon because of cheap oil hitting the markets?

lululemon let go of 100 part-time workers who helped answer customer questions by phone, email, and chat.

These workers helped people every day, but the company decided it wants to use only full-time workers for this job instead.

Lululemon says this change will help them do a better job helping customers and make the business run more smoothly.

This is happening while the company is also looking for a new boss and dealing with some disagreements with its founder.

no store closures, just changes to how customer help is done.

https://www.theglobeandmail.com/business/article-lululemon-layoffs-customer-care-part-time-work/

https://x.com/edzitron/status/2015968336669245688

TD Cowen had a data center themed analyst letter today that said that Oracle may lay off 20-30,000 people or sell Cerner to keep up with the debt on the data centers it’s building for OpenAI. It also says multiple US banks have pulled back from Oracle data center deals.

Adios Amigos!

Ya'll lapped up the pink Kool-Aid like it was champagne. Ya'll believed Legere when he said TMO would "be job-positive from Day 1" after they gobbled up Sprint. Truth is they started laying off on Day 1.

Mmmm, that pink Kool-Aid seems to be going sour. But, go on to the next all hands meeting and rah rah.