#layoffs

I have a friend who sits in Raleigh. He told me his manager said they will phase that site out in a few years for his lob. Has anyone heard similar?

• career advancement
• work life balance
• cool cutting edge technology
• money

When I started Wells, wells offered 3 of those.

Now it offers zero.

Last company I worked for when oil hit 120 a barrel went under. Wells wont go under but the Fed will allow it to be bought and merged.

WME is conducting its first round of layoffs since the pandemic. The agency is eliminating 30 positions across various departments. This reduction impacts 3% of the total staff. Several talent agents are among those affected by the cuts. Elizabeth Wiederseim and Pierre-Elliott Denizard are named as departing agents.

Hollywood, California

https://deadline.com/2026/03/talent-agents-impacted-wme-layoffs-1236759297/

Gossamer Bio announced poor results from a key study. The San Diego company's stock value dropped by 78%. Gossamer Bio is now laying off 77 workers. This cut reduces its workforce by 48%. The company aims to conserve cash and plans to meet with the FDA.

San Diego, California

https://www.sfgate.com/tech/article/gossamer-bio-layoffs-22084095.php

How are we all okay with this?

No more rigged best of belk awards for managers favorites?

It’s clear Dan and the board are focused on cost and the location strategy is dead. No point having offices only 30% full and paying 100% cost. Further rifs are going to reduce sites below critical mass. So which ones are in danger?

To be honest id welcome getting released from this pressure cooker, a truly horrible place to work

In one region, they have laid off or fired BOAs 3x (that I know of ....there could be others) within the last year.

Pattern: All women over 50. All single wage earners, worked at EJ for several years and one was getting ready to retire in September. Told the news out of the blue on Zoom calls with Associate Relations.

Simply got rid of them to bring in younger inexperienced people.

If anyone else experiences this situation, call an attorney and the EEOC.

Just curious if anyone has recently seen any normal or increased activity of people being FIRED, ie, let go without a package to, you know, tap into all those best place to work vibes? Seems something we'd all like to do pulse check on every so often. Can't be too specific like seen 1Z-2Z in 3 months, 5-6 in 6 months.... now I've have seen at least one and it is done under the cover of darkness like a present over Christmas from Congress which no one voted on.

Interesting post on X, it's clearly not from a VP in oracle, but the numbers and sentiment in it is spot on. https://x.com/gothburz/status/2032125473199714767

RTO for what reason ? Do these id--ts understand no work after a layoff ?

Dell has almost played this to a perfect T and has given other tech companies a 100 percent effective road map to get rid of human capital. Does it really matter nope, what matters is Dell a 15 billion dollar company at best and it will look and act like a 15 billion dollar company soon

I have nearly 15 years at the bank and am at retirement age. If I were laid off, would I still receive all my retirement benefits, along with any severance they might offer? Or would I be better off retiring before I get laid off? I fully expect more cuts in my BL.

This AI thing is unsustainable, however you slice it. But hey, at least the internet's having fun with Avocado sc--wup.

Word came down this week in Denver that some NA CS jobs are moving to Toronto or Bogota by end of year. US employees will be onboard until end of year to train the replacements in Toronto/ Bogota. Are any other areas impacted? Product, Tech? How widespread is this happening?

In the middle of the “mother of all layoffs,” company is filing H-1B petitions saying they can’t find talent—makes perfect sense, right?

Who can tell me what project North Star is? I've heard rumblings it will be massive headcount cuts in Houston. Anyone with details?

Most of the time when we are in the office everyone is just talking about the layoffs or speculating. Quite literally every single project we have worked on over the last 6 months has been halted, changed, changed again, and re-structured. So it’s hard to develop and close business when the target keeps moving. F*ck it. Genuinely hard to work in these types of conditions of constant fear and changes. I refuse to accept the whole “well that’s just Oracle!” Yes, changes at massive companies like this are inevitable. He-l - I used to work at another major competitor. This is not my first rodeo. But THIS level of volatility is breathtaking and staggering! I feel guilty that my productivity has slowed down, but not really.

Many workers are now choosing to stay in their current jobs. This trend reflects a slowing job market and reduced worker confidence. The expected quit rate dropped to a decade low of 15.9% in February. Employers also cut 92,000 jobs in February, raising labor market concerns. A low quit rate typically signals slower wage growth and fewer opportunities.

http://www.msn.com/en-in/news/india/workers-hold-on-to-jobs-as-layoffs-rise-and-quit-rate-falls-to-decade-low/ar-AA1XVJVE?apiversion=v2&domshim=1&noservercache=1&noservertelemetry=1&batchservertelemetry=1&renderwebcomponents=1&wcseo=1

Suppliers no longer expect market conditions to normalize. They are adapting operations for ongoing market instability. This follows tens of thousands of job cuts in 2025. Relentless regulatory uncertainty also prompted this change. This information comes from a recent S&P Global survey.

https://www.autonews.com/manufacturing/suppliers/ane-suppliers-survey-0317/

Skilled, experienced, two were veterans. Feels like they're targeting the ones we actually need. Apparently being good at your job is now a liability.

Bentley Motors will cut 275 office roles. This represents about 6% of its total workforce. Declining China sales and low EV demand are factors. US tariffs also contributed to this decision. The company aims to maintain competitiveness.

https://www.storyboard18.com/brand-marketing/bentley-to-cut-275-jobs-amid-china-slowdown-weak-ev-demand-and-us-tariffs-ws-l-92511.htm

Warehouse workers for Southern Glazer in Las Vegas were recently laid off. They claim artificial intelligence robots are replacing their positions. Around 50 of more than 100 warehouse staff were reportedly let go on March 8. The affected workers performed tasks like picking products and building pallets. Southern Glazer has not yet responded to requests for comment.

https://www.8newsnow.com/news/las-vegas-warehouse-workers-claim-ai-replaced-them/amp/

Any orgs or regions getting a pass?

Can we be certain?

Nevada has experienced a high rate of layoffs in 2025, with approximately 286,000 layoffs and discharges reported, 16.7% higher than 2024, affecting industries like manufacturing, hospitality, and retail. Major layoffs have included companies such as Nordstrom, Tesla, and various gaming/hospitality employers. Major layoffs are often reported through WARN Act notices, particularly in the Las Vegas area.

https://usafacts.org/answers/how-many-people-are-laid-off-each-month/state/nevada/

Axios reduced its newsroom staff by 11 individuals. The cuts impacted news desk, visuals, and social teams. The company aims to build a newsroom of subject matter experts. Publisher Nicholas Johnston noted a focus on expert-driven content. This action follows earlier layoffs in 2024 and November.

https://finance.yahoo.com/news/axios-lays-off-11-newsroom-135254434.html

Advertised as having great culture, decent pay, work-life balance. Then you get on board and it's everything but. To make it all worse, frequent layoffs keep you on your toes constantly. I fell for the cr-p hook, line and sinker three years ago. I've been trying to wiggle out for a year now, except opportunities are fewer every day. Now I wish I'd gone with any other company.

I've been with Nike for over ten years. Nothing but a downward spiral of varying speed. I've yet to see a real opening for progression, or a payoff for hard work. I gave up a while ago. I'm just waiting for my number to come up. I'm fully aware of how bad it's been out there, and it's getting worse. But I just can't do this anymore.

New Jersey employers plan to eliminate over 4,100 jobs by March 16, 2026. Economists at Rutgers University forecast a small employment decline for 2026. The state's unemployment rate is expected to continue rising through 2027. Bristol Myers Squibb will eliminate an additional 247 jobs by late 2026. Other sectors like retail and health services also report significant job reductions.

https://patch.com/new-jersey/across-nj/nj-layoffs-see-where-job-cuts-are-deepest

Seems crazy. But it's Fiserv. If true, survivors are sc--wed. Some teams are already on life support.

I haven't heard there were any more cuts today, did I miss anything or was yesterday really an isolated incident?

It’s a sad sight but that’s corp America for you…..the more things change the more they stay the same.

Anyone else been laid off from Nike over the past year or so and only being contacted by temp recruiters for Nike? It is literally driving me nuts.

Dan signed up for multi billion dollar transformation. 15k layoffs wasn't enough. More cuts def coming and it seems like execs are getting real with their teams and just flat out scrutinizing everything.

The Sr Directors are also lacking one of the two main key skills. 1) leadership 2) technical knowledge.

Only a handful around that can do both. Can't grow a company if u are just one.

Bumping this up for visibility. OP: @ap+1kkyyeqjg

Next round of layoffs then....

Head for the hills

C'mon people, share credible info if you have it. Everything I've seen is all over the place. Zero communication from upstairs, which is inconsiderate and sh---y in and of itself. Many of us may not like this job, but we all need that damn paycheck. Have you seen the job market lately?

Well the reality of living off a questionable net adds 4Q/25 is setting in.

Zero change in execution, integration of Frontier and DEI Directors/VPs to execute will continue to drive Vz stock South.

Hiring MBAs to create a theoretical strategy vs meritocracy of employee based results will ensure Vz being aquired in 2-3 years!

Lack of a strong Vz Executive bench and Board all but says " aquire my assets". What