#layoffs

Do year end reviews have any bearing on the upcoming layoffs ? Do direct managers have any input ?

Is it all cost related ?

Just saw a post on LinkedIn that was

Excited to share my next chapter at Xerox! And then the post went on to share that this person moved into a director role and how they will continue to help Xerox on the transformation journey.

What wasn’t said but I bet is true: 1) this person is part of the 20% moving up at Xerox 2) while others whine about no pay raises this person created their pay raise 3) this person will continue to change Xerox for the better.

Congrats to another 20% worker changing our company for the better. Yes this was posted in the last 24 hours and this person moved into a new position after a round of lay offs.

Anymore layoffs coming up soon for WIM/Ops?

We’re only moving forward with automated eligibility for their DSNP plan you won’t have a role anymore.

Appreciate your business over the years.

Question for the people who were laid off in May, did you get your match true-up contribution last Friday ?

Fairly new to the company. How do surpluses work and what sort of roles are they targetting

I guess more cuts.

Several people just got notice of their jobs being eliminated, and more layoffs will be announced in July.

But there’s bountiful piles of cash to spend on high profile sports sponsorships that allow the CMO to travel the world and pretend he’s a celebrity.

I recently started seeing few posts on LinkedIn about some people posted about being laid off.. like L3 L4 L5s in engineering, data science etc. anyone noticing anything? I think mgnt figured out a way of staying out of news this year breaking habit of yearly mass layoffs.

They are laying off people from expeditors as of today in Bellevue. At least two known reports on Reddit. /Ask Seattle.

Lot of high profile exits

Interfor decided to indefinitely close its Nairn Centre sawmill. This closure affected 129 mill workers. MPP France Gélinas raised the issue at Queen's Park. She recently met with the displaced employees. A government representative offered a general response.

Nairn Centre, Ontario

https://www.sudbury.com/local-news/gelinas-raises-interfor-sawmill-layoffs-at-queens-park-12389206

Erie Mayor Daria Devlin's administration is cutting city jobs. Six city jobs are being cut or vacated. The city faces a $12 million budget deficit for 2027. Expense cuts are also mandated. The administration seeks financial assistance from local entities.

Erie, PA

https://www.goerie.com/story/news/local/2026/06/08/city-of-erie-12-million-budget-crisis-layoffs-cuts/90418619007/

Reporter Jessica Holdman discussed South Carolina business news. A new magnet factory is planned for the Upstate region. However, some layoffs are also expected in the Upstate this summer. New tax breaks will benefit companies converting landfill methane to energy. Additionally, new taxes will be imposed on vape products.

Columbia, South Carolina

https://www.southcarolinapublicradio.org/show/south-carolina-business-review/2026-06-08/new-jobs-new-tax-laws-and-layoffs-happening-in-sc?_amp=true

This is Veradigm's third layoff round impacting multiple positions across India and the US.

Whirlpool Corporation announced 288 job cuts. These layoffs affect its Amana, Iowa, manufacturing facility. The company states this is part of a multi-year modernization plan. Second-shift production will cease effective July 5. A law firm is investigating potential federal worker notification violations.

Amana, Iowa

https://www.moodyonthemarket.com/whirlpool-corp-announces-layoffs-at-amana-plant/

Looks like it is all hiring now with no WFR planned - I might be wrong or missing pockets of layoffs happening silently.

The head of tragedy. The sultan of swirl. The iron lung. Fired.

Anything yet?

https://hrexecutive.com/why-uber-is-cutting-nearly-1-4-of-its-hr-team/

Nearly 300 people shown the door. This is definitely not all, considering that layoffs are supposed to be part of modernization plan announced a few months ago. I'm betting they'll "modernize" even more people out of their jobs before they consider it over. Sad days in Amana.

Or is that just me?

At the ISP Town Hall last week, during the agenda portion at the beginning the moderator mentioned QA’s and a meeting pulse. Eric said “you’re not going to allow 4-1 questions right?” Leadership in the room all giggled. Then he said “gas prices are high, can we go to 3-2, what an absurd question”. So dismissive and out of touch with the everyday employee at his firm. He’s referencing the Rob sharps town hall last month when him and the MC dodged all questions regarding RTO. Not everyone can afford a personal driver and a nanny while he leads a company into layoff after layoff, a crashing stock price etc.

• AT&T: $29.58 → $22.75 (-23%)
• T-Mobile: $102.53 → $180.40 (+76%)
• S&P 500: 3,115.86 → 7,465 (+140%)

Nearly six years later, AT&T’s answer to every problem seems to be more RTO, more presence tracking, and more control.

Meanwhile, T-Mobile continues to outperform, remains remote or hybrid for corporate employee managers, and has become a destination for talent that no longer wants to deal with AT&T’s five-day office mandates.

T Leadership keeps talking about where employees sit while competitors are focused on winning customers, growing the business, and attracting talent.

The stock charts tell the story better than any town hall BS story or August 2025 manifesto email ever could.

Anyone else notice no one is getting promoted since ER?

If you are at FIS, just assume you are on the chopping block no matter what. Good performance, glowing reviews, even being tight with your manager, none of it matters. You are a number in a spreadsheet and the moment it gets too high for comfort, they will show you the door. Better to accept that now than get blindsided later.

Layoffs are inevitable- but does anyone know for sure if financial crimes will be affected this month for layoffs?

Apple, Wells Fargo, and Gilead Sciences have scheduled layoffs. These job cuts are set for June 2026. Industry experts question AI as the primary reason for these reductions. Many believe AI is a convenient excuse for other financial pressures. Over-hiring during the pandemic and high interest rates are also key factors.

http://www.msn.com/en-us/money/companies/apple-wells-fargo-gilead-among-firms-announcing-june-layoffs/ss-AA24zvWn

Republic National Distributing Co. plans to lay off 56 employees. The company will cease operations at three Ohio locations. Two of these sites are located in Greater Cincinnati. These moves follow several months of downsizing. A potential sale of its Ohio facilities is under consideration.

Cincinnati, Ohio

https://local12.com/news/local/republic-national-distributing-layoffs-cincinnati-ohio-pending-sale-unemployment-jobs

Walmart is reassuring employees about artificial intelligence. The company gathered thousands of workers at its Arkansas headquarters. Executives stated AI will enhance jobs, not eliminate them. This effort follows concerns about AI-related job displacement. Walmart recently cut or moved 1,000 corporate positions.

Arkansas

https://www.pymnts.com/walmart/2026/walmart-tries-to-assuage-ai-worries-as-tech-related-layoffs-rise/

Gallo is closing its Lodi crush facility. This action will result in approximately 20 layoffs. The company cited available capacity at other regional wineries. This is one of several recent closures for the wine giant. The California wine industry faces a three-year crisis due to declining consumption.

Lodi, California

https://www.sfchronicle.com/food/article/wine-gallo-lodi-crush-facility-wine-22294910.php

More cuts?

It stupid to have security under FTS/FAST to begin with. I don’t get it!…MD and that CIO guy were two of the worst hires in the history of the company. Idk think they know what they were doing.
He only did a year then left!…he wanted everything to be engineers. Nonsense

The way leadership picks who gets cut here is totally random and makes zero sense. They've let go of some really talented people plus newer folks, and none of it seems to follow any pattern.

We barely have layoffs anymore. Yes, there are PIPs, but if you're good and a high-performer, you have nothing to be worried about. Frankly, I've never felt safer here than I do right now.

Fresh 1-year lows on the stock. Morale at all time lows. Employee trust at multi-year lows.

Yet somehow we’re still talking about badge swipes, presence reports, and where people are sitting.

The market is asking for execution. Leadership keeps responding with attendance nobody cares about.

I really, really want to leave US Bank, but I'm wondering if it's safe to join a place that obviously is not shy about cuts. Has anyone here taken a job at a company that recently had layoffs? Would you do it again?