#layoffs

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Jobs Posted Are Bogus/Faux

Majority of UHC/Optum job postings are bogus/faux. They are posted to suffice investors & shareholders that business is booming. Employees know differently. Stock has taken a hit & the scramble continues. Mass layoffs are desperate attempt to save the sinking ship.

For those let go, don’t plan to get re-hired. It’s smoke & mirrors on our job boards. HireVue, interviews with recruiters & hiring managers - it’s all faux. This is reported to investors & gives illusion all is good. Facts don’t lie.


Annual layoff at TIAA / Nuveen

Turns out there was actually a real annual layoff recently, not related to the Coffee Badging thing, even though this enforcement accelerated greatly and many people were laid off for that too.

But it is odd that the annual layoff where people were let go for cost cutting reasons from the company didn't make waves on this forum at all.


Can OpenText really still succeed?

Let's see...

  • no clear vision
  • no real leadership
  • no accountability
  • bloated executive suite
  • failure to keep products moving forward
  • no real R&D or innovation
  • brain drain

And we are getting rid of MORE workers to fix the sinking ship? When it was the leadership's responsibility to get us ahead? So if they aren't responsible for anything, why are they here again? Let us make the decisions instead, that way if I'm going to be fired it'll be my fault.

And we are divesting as well. So what has been the real purpose of acquiring so much tech? The board members have made these decisions all from long ago until now. Did they finally give up? I stand to argue that none of them know what they're doing and they have no real business sense, they got lucky with some acquires and with their poor business skills have failed to keep momentum going forward.

We were on the right track to fire Mark but we forgot to get rid of the puppeteer, Mr. Tom Jenkins himself along with the board members who have been making these poor decisions after poor decisions since it all started. But that's impossible because ALL the board members are incompetent, and there's no one above. So it's game over.

The final cherry on this cake (truly an insult to us all) is that we hired an executive failure from BlackBerry to take over as the master puppet. Tom Jenkin's hand can reach all the way through and it still won't make a difference.

This is really fascinating and funny to watch evolve in real time. The funnier part is that we have/had the tech to be great. Despite what many of you say about our products being "cr-ppy" which is merely a symptom of bad leadership, we had the chance many times to take it to the next level and instead we sat our as--s down draining whatever life was left of these products until they started to crumble. And then they have the audacity to sp-t in our faces for these failures.

I am truly sorry to everyone who has been and will be affected. The economy is not great, and some of us need our jobs more than ever. You have been failed by corporate toddlers, you deserve better.

As for the corporate toddlers, go back to business school and this time don't skip classes.


Liberty Home Choices Shuts Down, Over 600 Laid Off

Liberty Home Choices announced its impending closure. More than 600 workers will be laid off. An economic downturn was cited as the reason. The industry struggles with low Medicaid rates. High employee turnover also affects the sector.

Philadelphia, PA

https://www.bizjournals.com/philadelphia/news/2026/03/19/liberty-home-choices-closing-layoffs-warn.html


Individual layoffs coming - Expect the Unexpected!!

GL31 here - Execs will conduct individual layoffs throughout the year. This will be in addition to group layoffs of misc teams. In cases where there’s only 1 individual from a team being RIFd, this will be a 1/1 call w direct leader.

Meeting w leaders was 3/19 after massive layoffs complete to give notice of ‘next steps’. They are aware employees are expecting notices & the goal is to keep the next dates ‘confidential’ and have the ‘element of surprise’. Expect the unexpected as more deep cuts are coming.

My friend & peer is GL32. Informed GL30-32 will be part of the ‘individual’ layoffs as to not cause alarm to their teams. Expect sudden ‘retirements’, ‘spending more time with their families, pursuing other opportunities’, etc. But in the end, we all know they were booted & forced to leave. It just sounds better when it’s presented as though it was their choice vs forced.

Buckle up - lots more cuts on the horizon.


Goldman Sachs to Dismiss Underperformers in New Round

Goldman Sachs plans a new round of layoffs in April. These cuts will target underperforming employees. They are separate from the bank's usual annual workforce reduction. The firm is adopting a more continuous performance management strategy. This reflects a wider trend across Wall Street.

https://www.peoplematters.in/news/strategic-hr/goldman-sachs-eyes-april-layoffs-of-underperformers-as-performance-scrutiny-rises-48886


Key Recent News on Optimum (2026)

Major Legal Battle with Creditors (BIGGEST STORY) This is a high-stakes financial fight tied to ~$26B in debt, and it could shape the company’s future restructuring.
Subscriber Losses + Heavy Competition: Optimum lost ~62,000 broadband customers in Q4 2025.
Financial Performance (Latest Earnings): Q4 2025 revenue: ~$2.18B (down year-over-year)
What Changes Are Likely Coming Operationally: Read the writing on the wall!!


Cree Lighting, United Natural Foods Announce Sturtevant Layoffs

BizTimes editor Andrew Weiland appeared on WISN-TV Channel 12. He discussed recent business headlines in southeastern Wisconsin. Topics included the closure of Rare Steakhouse in downtown Milwaukee. Major layoffs at two Sturtevant companies were also highlighted. Cree Lighting is eliminating 172 jobs, and United Natural Foods is cutting 443 jobs.

Sturtevant, Wisconsin

https://biztimes.com/biztimes-editor-talks-on-channel-12-about-the-closure-of-rare-steakhouse-and-major-layoffs-in-sturtevant/


Algoma Steel Begins Phased Workforce Reductions for 1,000

Algoma Steel is proceeding with significant workforce reductions. Approximately 1,000 of its 2,366 employees will be affected. The layoffs are being implemented in a phased approach. Some employees received extensions beyond their initial layoff date. This action supports the company's transition away from integrated operations.

Sault Ste. Marie, Ontario

https://www.indexbox.io/blog/algoma-steel-layoffs-proceed-in-phased-approach-with-some-extensions/


Layoffs? Actually 80 new jobs for Derry Northern Ireland.

80 news jobs in Springtown Derry Northern Ireland. Full steam ahead!

https://www.derryjournal.com/business/plans-for-new-expanded-clean-room-with-potential-for-80-jobs-at-seagate-in-derry-6038221

Derry City and Strabane District Council has received plans for a new, expanded clean room at Seagate in Derry.
Council’s planning portal recently received the planning application, which seeks to partially demolish the existing, single storey fab 1 clean room and replace it with a new, three-storey extended fab 1 clean room.

Last September Seagate announced a £115 million, five-year investment to develop new hard drive technology, which could see the creation of up to 80 highly skilled new jobs at the manufacturing facility.


US Jobless Claims Fall Amid Economic Pressures

Americans are cutting back on spending due to rising gas prices. Gas prices are approaching $4 a gallon after the Iran war. Economists predict sustained price increases could strain household budgets. Despite these pressures, U.S. unemployment benefit applications decreased last week. New jobless claims fell to 205,000, below expert forecasts.

https://www.businessreport.com/article/roundup-the-squeeze-begins-layoffs-not-yet-baton-rouge-built


Western Wyoming College Expands Layoffs Over Budget Gap

Western Wyoming Community College announced nine additional position eliminations. Five of these positions are currently filled. The college identified an increased budget shortfall. The new estimated shortfall is approximately $5 million. This figure increased from an earlier $1.5 million estimate.

Green River, WY

https://www.greenriverstar.com/story/2026/03/19/county/western-announces-additional-layoffs/13683.html


Ingka Group Plans 800 Job Cuts

Ingka Group, Ikea's largest franchisee, plans to cut approximately 800 jobs. These reductions will occur within its Group Functions. CEO Juvencio Maeztu stated the company grew too complex. The move aims to simplify the organization for speed and agility. The company will also invest in employee training and development.

https://www.retaildive.com/news/ikea-800-job-cuts-layoffs-ingka-group/815202/


Snowflake Reduces Workforce Amid Strategy Shift

Snowflake confirmed "targeted" staff cuts. These adjustments align teams with the company's long-term strategy. The cuts specifically affected its technical writing and documentation team. Snowflake aims for operational efficiency and more AI products. Other tech companies also made layoffs due to AI focus.

https://www.businessinsider.com/snowflake-layoffs-strategy-ai-growth-2026-3


FUJIFILM Biotechnologies Reduces Roles at Texas Facility

FUJIFILM Biotechnologies confirmed layoffs at its College Station facility. This decision followed a strategic review of the company's portfolio. The company aims to improve efficiencies and align operations with customer demand. A small number of roles were impacted by this effort. Impacted individuals will receive support including severance packages.

https://www.kbtx.com/2026/03/19/global-medicine-vaccine-producer-confirms-layoffs-college-station-facility/


Pajaro Valley Unified School District to Close Schools

Pajaro Valley Unified School District plans school closures and consolidations. This multiyear effort addresses ongoing enrollment declines and financial uncertainty. An advisory group will develop recommendations by November for the board. The district recently approved $15 million in layoffs affecting 160 jobs. Teachers remain frustrated over layoffs and proposed benefit cuts.

Watsonville, California

https://lookouexample.com/despite-budget-improvements-after-layoffs-pajaro-valley-unified-school-district-to-look-at-closing-some-schools/story


Bakersfield University Staff Protest Layoff Plans

CSU Bakersfield management notified the California Faculty Association of potential layoffs. Campus leadership cited a projected budget shortfall for the 2026-2027 fiscal year. Union members held a protest on March 16. They noted rising enrollment and state funding for the system. Unions seek to protect campus jobs.

https://www.calfac.org/csu-bakersfield-union-solidarity-rally-empowers-members-in-fight-against-possible-layoffs/


William Morris Endeavor Announces Staff Reductions

Layoffs continue in the entertainment industry this year. This follows many job cuts in 2025. William Morris Endeavor announced a 3% staff reduction. This announcement came after St. Patrick’s Day. Axios, Lionsgate, and Universal Music Group’s Mercury Studios also had layoffs.

https://www.mediapost.com/publications/article/413604/new-layoffs-hit-the-entertainment-field.html?edition=141982


Charter Shuts Appleton Spectrum Facility

Charter Communications is ending operations at a Spectrum facility. The facility's final day of operation is May 21. This action impacts 313 employees. The company submitted a worker displacement report. Work from Appleton will transfer to other U.S. centers.

https://www.wpr.org/news/spectrum-call-center-in-appleton-will-close-leaving-over-300-people-without-jobs


SpartanNash Closes Family Fare, Affecting Dozens

The Wisconsin Department of Workforce Development held an informational session for affected workers. This session is part of their "rapid response" program. Employee layoffs are scheduled to begin next month.

Chippewa Falls, Wisconsin

https://www.weau.com/2026/03/19/family-fare-employees-facing-layoffs-learn-their-options-wisconsin-workforce-development-session/


CBS News Staff Anticipate Further Job Cuts

CBS News staffers are experiencing high anxiety. Word has spread about impending mass layoffs. These cuts would be the second round in months. Bari Weiss is overseeing the expected job reductions. The layoffs are intended to reshape the newsroom.

https://www.status.news/p/cbs-news-layoffs-bari-weiss-ce41


Penguin Young Readers Closes Dial Imprint, Layoffs Occur

Dial Books for Young Readers, an imprint of Penguin Young Readers, has closed. Penguin Young Readers confirmed the closure. This action resulted in layoffs and staff reassignments. Three Dial editors moved to G.P. Putnam’s Sons Books for Young Readers. Other employees were also laid off from Viking and Kokila.

https://www.publishersweekly.com/pw/by-topic/childrens/childrens-industry-news/article/99957-layoffs-moves-at-penguin-young-readers-as-dial-imprint-shuttered.html


Goldman Sachs Implements Rolling Job Cuts

Goldman Sachs will start a series of small layoffs. These reductions will continue throughout the summer. All business lines within the company are expected to be impacted. This new approach replaces the bank's previous single annual layoff event. Business-line leaders will now determine their own timelines for staff cuts.

https://www.pymnts.com/news/banking/2026/goldman-sachs-replaces-big-annual-layoff-with-targeted-rolling-cuts/


Liars

They laid off a whole group of people today, some with over 3 years at the company. If you still have a job I highly recommend you find a backup plan.


New Org / Attack Plan

A new approach was just announced and it is more upper level with less to do the work. So, the new execs and C-Levels must still have friends they needed to bring with them.

It was asked why so many who actually did work and were great employees were let go - but no answer given. Probably because there is no good answer. The general feeling is they are retaining people who don't question why so much time is wasted, so many useless layers of "management", and/or do little to nothing. They don't want people who want to deliver and help customers - they want to bark orders and people who put their heads down and avoid conflict!

I am not sure where the Humana Board is - but how are they bringing in people with no proven experience at such high levels and letting them bring down the organization?

Crazy, Crazy!!