#layoffs

Posts mentioning hashtag #layoffs

Below are all the posts — topics as well as replies — that mention the hashtag #layoffs.

Mention #layoffs in your post to continue the discussion!

Another Tracker List

Date Company Number laid off
Jan 27, 2026 Moon Active 110 (5%)
Jan 27, 2026 Pinterest 675 (15%)
Jan 26, 2026 Expedia Unspecified
Jan 24, 2026 Nifty Gateway 100%
Jan 24, 2026 Entropy 100%
Jan 22, 2026 Moonshot Unspecified
Jan 22, 2026 Vimeo Unspecified
Jan 22, 2026 Shopify Unspecified
Jan 22, 2026 Autodesk 1,000 (7%)
Jan 22, 2026 Amazon Thousands (unspecified)
Jan 21, 2026 Ellucian Unspecified
Jan 21, 2026 Starbreeze Unspecified
Jan 21, 2026 Code.org 18
Jan 20, 2026 Vega Cloud Unspecified
Jan 20, 2026 Oracle 254
Jan 16, 2026 Polygon 60 (30%)
Jan 15, 2026 Ericsson (Sweden) 1,600
Jan 15, 2026 Camouflaj Unspecified
Jan 15, 2026 Jeppesen ForeFlight Unspecified
Jan 15, 2026 Docebo 10%
Jan 15, 2026 Tipalti ~100
Jan 15, 2026 Informatica 35
Jan 14, 2026 Procore 4%
Jan 14, 2026 Ericsson (Spain) 300
Jan 14, 2026 MANTRA Unspecified
Jan 14, 2026 Aleph Alpha ~50
Jan 14, 2026 GoTo 4%
Jan 14, 2026 Ubisoft (Abu Dhabi) 29
Jan 14, 2026 Playtika ~500 (15%)
Jan 14, 2026 Meta 1,500
Jan 13, 2026 Docebo 10%
Jan 13, 2026 StoreDot Dozens
Jan 13, 2026 eToro 105 (7%)
Jan 12, 2026 Devoteam 14
Jan 12, 2026 MercadoLibre 119
Jan 9, 2026 WB Games Unspecified
Jan 9, 2026 FormFactor 220
Jan 9, 2026 OKX 10
Jan 8, 2026 Hailo ~30 (10%)
Jan 8, 2026 Rad Power Bikes Unspecified
Jan 8, 2026 Foretellix 29 (18%)
Jan 8, 2026 Kaseya 250 (5%)
Jan 7, 2026 Ubisoft (Halifax) 71
Jan 7, 2026 ANGI Homeservices 350
Jan 7, 2026 Tailwind Labs 3 (75%)
Jan 6, 2026 Cloudhead Games 70%
Jan 5, 2026 Groups360 Unspecified
Jan 5, 2026 Multiverse 55
Dec 28, 2025 Sapiens 700 (15%)
Dec 16, 2025 Amazon (Luxembourg) 370
Dec 8, 2025 Mobileye 200 (4%)
Dec 1, 2025 TCS 365
Nov 28, 2025 Covalen 400
Nov 26, 2025 Junglee Games 350
Nov 26, 2025 McKinsey 200
Nov 25, 2025 HP 6,000
Nov 20, 2025 Verizon 13,000
Nov 19, 2025 UKG 300
Nov 17, 2025 Playtika Up to 800 (20%)
Nov 17, 2025 Fanatics 280
Nov 16, 2025 Pipe 200 (50%)
Nov 12, 2025 Synopsys 2,000 (10%)
Nov 10, 2025 Gameskraft ~400
Nov 10, 2025 Sonder 1,421 (100%)
Nov 6, 2025 SAS 400
Nov 5, 2025 Tripadvisor 566 (20%)
Nov 4, 2025 MyBambu 350 (100%)
Nov 4, 2025 Porter 350 (18%)
Nov 4, 2025 Oracle (Romania) 400
Oct 29, 2025 Amadeus 400
Oct 28, 2025 Amazon 14,000

Source: https://www.trueup.io/layoffs


This is what you’ll see on 1/28.

From an internal board: What you’ll find out on 1/28

You wake up at 10:00 a.m. for your 10:00 standup. You open your laptop, planning to tell the team you have no updates. You try to log into your Mac. It doesn’t work.

Panic sets in. Oh no—I'm going to miss standup. My manager is going to ki-l me.

You grab your phone to message the team on Slack. Slack won’t open. You’ve been logged out. Now you’re really freaking out. What is happening?!

You start trying to remember every paging alias. Okay, I’ll just page everyone.
You send paging emails from your personal email.

There’s a typo in one alias. You accidentally page Andy Jassy.

Andy Jassy’s executive assistant gets the page. She looks at her pager and sees your name. Who the he-l is this?
Then another page comes in.
Then another.
And another.

Her phone won’t stop ringing. It’s completely unusable.

She jumps out of bed and wakes Andy.
“Hey Andy.”

Andy rubs his eyes. “No. Hey.”

“Sorry Andy,” she says. “My phone went totally bananas. Everyone is paging you.”

Andy snaps back, “Too many bananas. So we asked ourselves: what’s the best way to get rid of bananas? That’s why we eliminated bananas. If you think about it, it’s just layoffs. Bananas go nuts.”

Then he rolls over and falls back into a deep sleep.

That’s what you’ll see on 1/28.

Brace yourself.


Nov 2025

Quite a few layoffs happened in November 2025, right before the U.S. mid-term election day so it would get buried in the news. It affected administrative and IT positions not only at hubs but smaller airports. "People were being immediately escorted out in large groups of ten or more." The 2025 third quarter "dog and pony show" right before those layoffs was completely out of touch, per usual, and they reported spending millions on a "grab-and-go" food section at CLT, a new alcohol partner for first class, and a yet "really bad" earnings quarter. Their Station GMs had a mandatory in-person "training retreat" the week prior and were told of the layoffs, but told not to tell their staff. As someone who's seen AA's lack of oversight and poor spending decisions from as far back as their US Airways merger days up close, and attempted to put an end to them, I am not surprised. "AA is an 800-pound gorilla." Money was/is overspent right and left. Accounts being auto-paid for services no longer rendered or properties no longer occupied, etc. simply because it's too big and no one is watching. Rather than practicing natural talent attrition from the COVID days, and truly evaluating work supported by operational, administrative and IT positions for already skeleton teams, they resorted to these drastic layoffs. I would not be surprised if non-hub mainline stations will all transition to partners starting in 2026, corporate's out-of-touch management and spending simply can't sustain both them and the field.


Glencore Layoffs

Glencore is cutting 1,000 jobs to reduce costs as it focuses more on the growing demand for copper. The company is also merging its nickel and zinc operations. Glencore employs about 150,000 people worldwide. It plans to spend a lot of money to increase copper production, aiming to become one of the world’s largest copper miners.


4,000

Omnicom plans to lay off more than 4,000 workers and shut down several well-known advertising agencies after buying rival Interpublic Group for $13 billion. The advertising industry is under growing pressure as artificial intelligence changes how ads are made. Big tech companies like Meta are also making it easier and faster for businesses to create ads on a large scale.


2500 Layoffs @ Claire's

High street shops Claire’s and The Original Factory Shop are going into administration, which could put about 2,500 jobs at risk. Claire’s, which is well known for selling accessories to young people, had been looking for a buyer after its American owner went bankrupt last year. Modella Capital, which owns both stores, said the businesses will enter insolvency proceedings in the UK and Ireland.


700 Laid Off

Dun & Bradstreet terminated more than 700 people today, 1/27/2026. They eliminated jobs across all US based business units, all titles, all the way up to SVP.

They have consolidated sales teams and instituted double digit growth goals even though they grew at low single digits in 2025.

Private equity takeover ruins everything and always eliminated jobs.


Just archiving this thread: 900 workforce to be impacted in this quarter....email from mgmt today

For some reason mods removed this thread, I have archived it on wayback machine and here is the text as well:

Thread: 900 workforce to be impacted in this quarter....email from mgmt today


Poster ID: @OP+1k07sm478
Time Posted: July 15

Content:
900 workforce to be impacted in this quarter....email from mgmt today

Looks like massive changes coming..... I Believe Company taking AI implementation direction touching all business processes.

Replies


Poster ID: @ev+1k07sm478
Time Posted: July 16
Content:
How many people were let go today? And when is the next layoff date?


Poster ID: @ea+1k07sm478
Time Posted: July 16
Content:
I'm curious in what manner did/will those impacted get notified?


Poster ID: @dy+1k07sm478
Time Posted: July 16
Content:
When are they ditching the NA real estate?


Poster ID: @dk+1k07sm478
Time Posted: July 16
Content:
Layoffs starting today, I personally know someone who has been impacted.


Poster ID: @dj+1k07sm478
Time Posted: July 16
Content:
The layoff of 900 is worldwide, not just in the US. It will be done this quarter, on top of the workforce reduction done in Q2 2025.


Poster ID: @bt+1k07sm478
Time Posted: July 15
Content:
I guess the company couldn't get enough people to quit with their RTO mandate and gaslighting tricks.


Poster ID: @bn+1k07sm478
Time Posted: July 15
Content:
Did the layoff already happen?


Poster ID: @bm+1k07sm478
Time Posted: July 15
Content:
So is this layoff going to be worldwide or just in the States?


Poster ID: @av+1k07sm478
Time Posted: July 15
Content:
This is going to be crazy I been with company and never seen formal communication like today for 900 people workforce redcution.


Poster ID: @at+1k07sm478
Time Posted: July 15
Content:
Not a rumor
100% accurate


Poster ID: @am+1k07sm478
Time Posted: July 15
Content:
We know US will be heavily impacted. Rumor is tomorrow is a big notice day. Some teams going down to no US presence.


Poster ID: @ag+1k07sm478
Time Posted: July 15
Content:
I'm curious if the 900 roles are from Q2 alone. A few of my former colleagues have been impacted in Q2 from AI (All Indians).
I suspect some more layoffs for the remainder of the year.


Poster ID: @a8+1k07sm478
Time Posted: July 15
Content:
900 in one quarter is disastrous to quality of work. Management is out of touch with reality and our clients see it too.


Poster ID: @1ph+1k07sm478
Time Posted: July 25
Content:
August 13th? Rolling off another reduction? They need to keep the momentum and good company vibes.


Poster ID: @1n5+1k07sm478
Time Posted: July 25
Content:
Be smart about this place. Train people in India? Hahahaha no, give them the wrong details, if they make you write stuff down make it very vague or even not correct at all. Do what you need to do to keep going but don’t outsource your own job and make it easy for them.


Poster ID: @1j8+1k07sm478
Time Posted: July 24
Content:
They want you to quit. When the attrition is not what they want, then reductions are done. No secret. They come out and say this openly.


Poster ID: @1cy+1k07sm478
Time Posted: July 23
Content:
Yes the company has to pay you for unused vacation and personal days not taken.


Poster ID: @1cw+1k07sm478
Time Posted: July 23
Content:
the final payout, what does it include? vacation days and personal days, right?


Poster ID: @19g+1k07sm478
Time Posted: July 22
Content:
If I remember the company got rid of 70% of the U.S IT support teams.


Poster ID: @194+1k07sm478
Time Posted: July 22
Content:
What departments are these layoffs taking place in? Is IT affected?


Poster ID: @15c+1k07sm478
Time Posted: July 21
Content:
Yes they thought they were so smart in getting rid of all the people with all the knowledge.


Poster ID: @14h+1k07sm478
Time Posted: July 21
Content:
Trying to find a new job within the company is a waste of time.


Poster ID: @13b+1k07sm478
Time Posted: July 21
Content:
I was recently laid off. Had 10 weeks to find a job internally. Detailed explanation of severance, insurance, and retirement decision.


Poster ID: @qx+1k07sm478
Time Posted: July 18
Content:
If you get laid off just post for upper management positions higher then your current role.


Poster ID: @qe+1k07sm478
Time Posted: July 18
Content:
I don’t know but I know of two more people who were just notified.


Poster ID: @qd+1k07sm478
Time Posted: July 18
Content:
Most of these internal jobs are not hireable on.


Poster ID: @pz+1k07sm478
Time Posted: July 18
Content:
The company gives employees two months to find another job by law.


Poster ID: @pr+1k07sm478
Time Posted: July 18
Content:
I got the notice this week so im weighing if i should apply internally or wait til i get the severance.


Poster ID: @pj+1k07sm478
Time Posted: July 18
Content:
As a former employee of 22 years, the company has been doing stealth layoffs since 2000.


Poster ID: @p3+1k07sm478
Time Posted: July 18
Content:
Leaning towards the 900 figure is from Q2. Layoffs still continuing.


Poster ID: @p2+1k07sm478
Time Posted: July 18
Content:
Executives have been replacing local US teams with All Indians and now AI.


Poster ID: @p0+1k07sm478
Time Posted: July 18
Content:
Boston Business Journal and Boston Globe reported on the layoff of 900.


Poster ID: @nt+1k07sm478
Time Posted: July 18
Content:
Boston business journal, Boston globe, and other sources reported this.


Poster ID: @nf+1k07sm478
Time Posted: July 18
Content:
Automation failures and chaos due to layoffs of knowledgeable workers.


Poster ID: @nc+1k07sm478
Time Posted: July 18
Content:
No announcement of additional 900 layoffs beyond last quarter.


Poster ID: @m2+1k07sm478
Time Posted: July 17
Content:
The news said the 900 layoffs took place last quarter.


Poster ID: @kf+1k07sm478
Time Posted: July 17
Content:
AI works only if underlying processes work.


Poster ID: @k6+1k07sm478
Time Posted: July 17
Content:
How can they expect everyone to apply internally at once.


Poster ID: @jx+1k07sm478
Time Posted: July 17
Content:
Which region are you located? Hearing conflicting severance info.


Poster ID: @js+1k07sm478
Time Posted: July 17
Content:
You can opt out of internal job search and still receive severance.


Poster ID: @jq+1k07sm478
Time Posted: July 17
Content:
Apply for jobs but still get severance.


Poster ID: @jp+1k07sm478
Time Posted: July 17
Content:
Two people impacted from a small team.


Poster ID: @jg+1k07sm478
Time Posted: July 17
Content:
Please share the business areas impacted.


Poster ID: @jd+1k07sm478
Time Posted: July 17
Content:
If you don’t apply internally you may be considered resigned.


Poster ID: @j4+1k07sm478
Time Posted: July 17
Content:
Better to take severance or look internally?


Poster ID: @j1+1k07sm478
Time Posted: July 17
Content:
Person on my team has until Sept 26 to find something internally.


Poster ID: @hj+1k07sm478
Time Posted: July 17
Content:
No two month period to look internally?


Poster ID: @h8+1k07sm478
Time Posted: July 17
Content:
My area had layoffs, now doing work for three people.


Poster ID: @fj+1k07sm478
Time Posted: July 16
Content:
Two more people impacted including a VP.


Poster ID: @fh+1k07sm478
Time Posted: July 16
Content:
Channel Center and South Boston closing end of September.


Poster ID: @fa+1k07sm478
Time Posted: July 16
Content:
Q2 layoffs occurred, people now getting news in July.


Poster ID: @f2+1k07sm478
Time Posted: July 16
Content:
Someone on my team got laid off today.


Poster ID: @f1+1k07sm478
Time Posted: July 16
Content:
Today was rumored layoff day but haven’t heard confirmation.
```


Just Sad

Coworkers laid off last week, this week I hear the product I work on is being gutted. Some will move to other areas, others will be let go. For the “lucky ones” that remain, it feels like we are left behind on a sinking ship. Lower 401k, no hopes for promotion, they removed our bonuses, and after the earnings call today it seems things will continue to get worse. Besides the people I work with I can’t think of a single positive thing about working for this company, and ironically they’re in the process of wrecking that last part. The toughest part is that we can’t complain about low morale because that is by design. Leadership wants people to hate their job so they quit. Things are looking bleak - decided to start looking outside the company today.


Agile Leadership, lol

Let’s start by saying the quiet part out loud: most of the “agile leadership” still hanging around the bank looks like the clearance rack of corporate transformation. Folks who washed out of Best Buy and Target and couldn’t quite stick the landing anywhere else in the Fortune 500. You could cut half the agile coaches and performative agile leaders tomorrow and the only noticeable impact would be fewer meetings about meetings.

The latest org changes just reinforce that reality. A digital leader casually floated the idea that there was “opportunity” to rotate product and agile assignments across teams. Translation: since we can’t actually promote or develop people, let’s blow up stable teams instead and call it growth. Why not inject a little chaos, instability, and work/life imbalance for fun?
Naturally, instead of agile leadership doing their actual jobs, like explaining why this is a spectacularly bad idea and gently escorting that leader away from the cliff, they went all in.

Scrum Masters got shuffled around, including ones who were deeply embedded with teams that existed long before said leaders showed up. And, of course, everyone was told to keep quarterly planning on track, maintain team performance, and execute rushed handoffs at the same time. Because nothing says “agile maturity” quite like lighting the house on fire and asking everyone to keep dinner warm.

And let’s not forget the timing. This brilliant idea was floating around before ICE went full dystopian cosplay in local communities - storming around, kidnapping children, pepper spraying grandma on her way to target, and generally reminding everyone that the world is already on edge. Against that backdrop, I have to hand it to our failed agile leaders for truly impeccable coordination: announcing these changes while simultaneously rolling out layoffs. Chef’s kiss.

Nothing reassures employees quite like organizational chaos paired with “by the way, your job might disappear.” Thank you so very much for letting me keep this absolutely fantastic job, at least for now.

An enterprise-wide commitment to failing fast, failing often, and learning absolutely nothing.


OPPO is leaving USA

OnePlus faces severe challenges threatening its existence. Parent company OPPO may discontinue the OnePlus brand. The smartphone maker has experienced significant sales declines. It plans to withdraw from North American and European markets. Employee layoffs are expected across various teams.

https://news.ssbcrack.com/oneplus-faces-potential-market-exit-amid-declining-sales-and-layoffs/


140 Pennsylvania Layoffs

Casino at Nemacolin Cuts Staff for Stability

The Casino at Nemacolin dismissed over 140 employees. This reduction aims to ensure long-term operational stability. Changes in room inventory affected guest attendance and business demand. The casino remains among the lowest revenue generators in Pennsylvania. This occurred despite recent major renovations and upgrades.

https://www.newsnet5.com/news/casino-at-nemacolin-layoffs-long-term-stability/

Farmington, Pennsylvania


Wisconsin Layoffs: TekniPlex

TekniPlex plans to close its manufacturing plant on Milwaukee’s northwest side in April, resulting in the layoff of 39 employees, according to the Milwaukee Business Journal. The closure will idle the facility entirely, adding to a series of recent manufacturing shutdowns and job losses in the region.


Hennepin Healthcare Cuts (Jan 2026)

Hennepin Healthcare announced it will lay off about 100 employees and close or scale back several services as its financial crisis deepens. Leaders at Hennepin Healthcare said the publicly funded hospital is operating so far in the red that it needed a county line of credit to cover January payroll and must find at least $50 million in savings by the end of March.

The cuts include closing chiropractic, acupuncture, and sleep clinics, reducing stand-alone weight management services, transitioning senior and extended care to other systems, and shifting some pain management to primary care or outside providers. Officials cited fewer patients and sharp reductions in Medicaid reimbursements as key drivers of the crisis. While core services like trauma and burn care will be preserved, administrators warned this is likely the first of several difficult decisions ahead.


MDs

Citigroup Plans March Layoffs for Managing Directors

https://www.peoplematters.in/news/strategic-hr/citigroup-to-cut-managing-directors-and-senior-staff-in-march-after-january-layoffs-48158

Citigroup is preparing a new round of job cuts in March. These layoffs will primarily affect managing directors and other senior employees. This follows approximately 1,000 roles eliminated in January. CEO Jane Fraser is leading a multi-year restructuring effort. The bank expects workforce reductions to continue into 2026.


Santa Rosa Schools Propose Over 100 Job Cuts

Santa Rosa City Schools unveiled a new fiscal plan. This plan includes laying off approximately 100 employees. The district expects to save $14.2 million annually. These measures aim to prevent a state takeover and rebuild reserves. The cuts follow prior layoffs and six campus closures.

https://www.pressdemocrat.com/2026/01/26/santa-rosa-city-schools-fiscal-plan-calls-for-more-than-100-staff-layoffs-as-embattled-district-looks-for-savings/


Meanwhile, jobs are getting even more scarce

Ericsson, T-Mobile, Telefónica Announce Early 2026 Job Cuts

https://www.fierce-network.com/broadband/2026-layoff-tracker

Ericsson announced 1,600 job cuts in Sweden on January 15. This represents a 12% reduction in its home country workforce. T-Mobile also quietly reduced sales positions nationwide, as reported on January 12. Telefónica plans up to 5,000 layoffs, mostly in Spain, by year-end. The company will offer $3 billion in compensation to affected employees.


Illinois Layoffs: APL Logistics Leads Illinois Job Cuts

https://www.nbcchicago.com/news/local/nearly-500-workers-across-illinois-to-be-laid-off-warn-act-shows/3881768/

Nearly 500 workers across Illinois face upcoming layoffs. These job cuts were revealed by the Illinois WARN Act spreadsheet. APL Logistics accounts for the largest number, with 230 employees affected. These layoffs stem from warehouse closures in Minooka. Other companies like S&S Activewear and Microplastics Inc. also announced significant job reductions.


LAYOFFS - New Jersey Denies Palisades Park Budget Fix

The state has twice rejected Palisades Park's emergency budget plan. This plan aimed to cover a $775,000 budget shortfall from last year. The borough council passed the appropriation resolution on January 5. The state's denial could lead to layoffs and service cuts. This decision also creates uncertainty for the borough's 2026 budget.

https://www.northjersey.com/story/news/bergen/palisades-park/2026/01/27/nj-denies-palisades-park-budget-shortfall-plan-layoffs-cuts/88362136007/


Redlands Unified Board to Weigh Over 100 Staff Cuts

The Redlands Unified School District board will meet to consider significant staff reductions. Resolutions propose authorizing layoffs for 91 certificated and 44 classified positions. These cuts are attributed to declining enrollment and budget constraints. The board will also review the district's 2024-25 financial audit. Additionally, trustees will discuss a new mobile device policy and the 2027-28 student attendance calendar.

https://www.communityforwardredlands.com/redlands-unified-to-consider-layoffs-budget-audit-policy-changes/


Portland, Powell's Books Cuts

Powell's Books Ends Layoffs After 20% Workforce Reduction

Powell’s Books announced the completion of its final round of layoffs. This concludes a year-long process aimed at cutting operating costs. The company reduced its workforce by about 20 percent. These layoffs impacted employees at all levels, including the leadership team. Powell's will now focus on performance, service, and consistency.

https://www.kptv.com/2026/01/27/powells-books-completes-final-round-layoffs/


USA Food Industry Layoffs: Tyson, PepsiCo, Coors...

Food Companies Announce Widespread Job Cuts Amid Pressures

https://foodinstitute.com/focus/rolling-layoffs-hit-food-manufacturers-as-profit-pressures-intensify/

Food manufacturers are laying off thousands of workers. This trend is driven by margin pressure and changing consumer tastes. Tyson Foods is cutting 5,000 jobs and closing a Nebraska plant. Nestle announced 16,000 global workforce reductions. PepsiCo, Molson Coors, and others also reported significant job cuts.


Nike Layoffs - January 2026 - Media Round-up

Nike Plans 775 Job Cuts in Mid-South Distribution Centers

https://www.commercialappeal.com/story/money/business/2026/01/27/nike-layoffs-memphis-tennessee-mississippi/88376939007/

Nike confirmed upcoming job reductions in the Mid-South. About 775 positions are affected by consolidation plans. These cuts impact distribution centers in Tennessee and Mississippi. The company seeks to streamline operations and boost efficiency. Nike has implemented multiple layoff rounds recently.

Nike Cuts 775 US Jobs in 2026

https://www.fastcompany.com/91481694/nike-layoffs-2026-hundreds-of-job-cuts-shoe-giant-cites-supply-chain-automation

Nike will lay off 775 employees in the United States. These job cuts are scheduled to begin in 2026. The affected positions are primarily at distribution centers in Mississippi and Tennessee. This marks the third consecutive year Nike has reduced its workforce. The company aims to strengthen operations and streamline its supply chain.


Nike Cuts 775 US Warehouse Jobs

https://www.reuters.com/business/retail-consumer/nike-cut-775-jobs-us-distribution-centers-cnbc-reports-2026-01-26/

Nike announced 775 employee layoffs. These cuts target distribution center roles. The company seeks to boost profits and automation. Affected locations include Tennessee and Mississippi. This is part of ongoing efforts to streamline operations.

Nike to Lay Off 775 Employees in Two States

Nike expects to lay off approximately 775 employees. These job cuts will impact operations in Tennessee and Mississippi. The company is streamlining its supply chain footprint. The plan includes consolidating distribution centers and using new technology. Nike aims to reduce complexity and achieve long-term profitable growth.

https://www.localmemphis.com/article/news/local/nike-expects-to-layoff-more-than-700-employees-in-tennessee-and-mississippi/522-c7e1188d-7fb6-4616-8e57-f60a678eb74a

Memphis, Tennessee

Nike Lays Off 775 Staff in Automation Push

https://www.sneakerfreaker.com/news/nike-755-job-cuts-elliott-hill-explained

Nike announced 775 job cuts. These layoffs affect its US distribution operations. The company aims to accelerate automated distribution. This move also reduces manufacturing process complexity. It aligns with CEO Elliott Hill's strategic plan.

Pinterest lays off 15 percent of employees

On Tuesday, the image-sharing social media platform Pinterest announced it plans to lay off around 15% of its workforce. The company made the announcement in a Form 8-K filing with the U.S. Securities and Exchange Commission (SEC). 

https://www.fastcompany.com/91481805/pinterest-stock-price-pins-layoffs-today-2026-job-cuts-latest-to-cite-shift-to-ai-artificial-intelligence


Get ready for the Feb 5 announcements

That all hands? That will be where Dan tells us

  • we did amazing, what a strong quarter
  • we are the worst carrier and everything needs to change
  • first, we need to cut cost
  • in order to improve efficiency and to better serve and delight our customers, and given the inflow of people from Frontier, we will lay off another 8% of staff
  • turnarounds are amazing, the best thing ever (assuming you survive)
  • we will shuffle the deck chairs and do a reorg - we'll find a cozy spot for all the useless execs and keep paying them for a long long time (like Hans, Shankar, etc)
  • fear, I mean, transformation and cost savings, will be a permanent 'feature'
  • now stop complaining and go back to work so Dan can earn his guaranteed $31M between now and the end of next year

Fresh New 52 week Low Today on the Stock Price

Expect a weak earnings print and disappointing bonuses. The setup is already clear.

Revenue growth is barely positive and EPS is expected to decline year over year. Legacy segments continue to drag results while growth areas aren’t scaling fast enough to offset it. Meanwhile, the balance sheet is still weighed down by massive debt, limiting flexibility and magnifying every misstep.

Billions have been spent on buybacks at higher prices, yet the stock continues to underperform peers and the broader market. That’s textbook value destruction, capital out the door with nothing to show for it. Analysts have responded by trimming expectations, not raising them.

On the cost side, operating expenses are creeping higher while productivity gains remain elusive. Decisions that add friction instead of efficiency show up quietly in margins and execution, even if they’re never called out directly.

Bonuses follow the numbers. Flat growth, declining EPS, weak stock performance, and constrained free cash flow don’t justify upside payouts. At best, expect tight targets. At worst, expect “discipline.”


Why is this company so tone deaf?

Stock is down nearly 20% today and the message from the top is about mission and culture and embracing AI. Only one sentence about Medicare rate notice. If anyone watched the Capitol Hill hearing from last week, both parties are gunning for us. Yet leadership is going on about re-energizing our culture (whatever that means). So tone deaf.


Expedia Group Cuts More Jobs

https://www.geekwire.com/2026/expedia-group-lays-off-employees-in-latest-cuts-at-seattle-travel-giant/
Expedia Group is laying off employees. Impacted workers include program managers and engineers. The company stated it is eliminating roles and simplifying its structure. These reductions follow previous workforce cuts over the past two years. Expedia Group had 16,500 employees globally at the end of 2024.