#layoffs

Angi confirmed it is eliminating around 350 positions as part of a plan to cut operating expenses and optimize its structure. Officials said advancements in AI have helped enable the workforce reduction.

https://www.businessinsider.com/angi-layoffs-angies-list-cuts-350-jobs-ai-efficiency-gains-2026-1

The historic Stockyards Hotel and H3 Ranch in Fort Worth are closing temporarily. This action will result in 120 employee layoffs. The closures are due to extensive renovations planned for both businesses. Layoffs are expected to begin on April 6. The hotel and restaurant are part of a $30 million redevelopment project.

https://dallasexpress.com/tarrant/120-jobs-affected-stockyards-hotel-and-h3-ranch-to-close-temporarily/

Source: https//www.sdxcentral.com

Verizon CEO Dan Schulman - Verizon
…And if you can’t “imagine,” Verizon CFO Tony Skiadas provided more clarity.

“Noncore areas that are not aligned to growth, including legacy areas, are being significantly reduced and/or eliminated, and that includes areas such as business wireline, nondirectional products, technology as well, wholesale, legacy copper, and voice platforms, and even projects with too long of a payback,” Skiadas explained.

Verizon’s management noted that it will instead invest in its mobile and broadband offerings.

Job cuts continue
Verizon is also continuing to work through its extensive job cuts, which will quickly see the carrier slash 13,000 total jobs in short order.

Skiadas noted that Verizon slashed just over 10,000 jobs by the end of 2025, which pushed the carrier’s total employee base down to just under 90,000 total employees. Verizon plans to finish the latest culling by the end of March.

Those cuts were made official in November, with Verizon noting in a Securities and Exchange Commission (SEC) filing that it would take a severance charge of up to $1.8 billion during the current fourth quarter tied to the cuts. Verizon’s filing also noted that the carrier “expects that its cost reduction efforts will include a significant reduction in outsourced, contracted, and other outside labor expense.”

The job cuts were initiated by Schulman shortly after he assumed leadership last October.

First Brands Group is closing its western distribution center. This facility is located in Patterson, California. The closure will affect 98 workers. Layoffs are scheduled for April 4 and April 30. This action follows fraud accusations against the company's founder.

https://ca.news.yahoo.com/98-workers-stanislaus-county-face-020213695.html

Portland Public Schools faces a $10 million budget gap this school year. This deficit remains after the district already cut over $12 million. Administrators presented unions with two options: staff furloughs or layoffs. Furloughs could mean two unpaid days for all staff. Layoffs could impact at least 170 full-time positions by April.

https://www.opb.org/article/2026/02/27/portland-public-schools-furlough-layoffs/

Timberland Regional Library (TRL) is implementing major budget cuts and staff reductions. The Board of Trustees approved a $2.3 million budget adjustment. This plan includes $1.9 million in cuts to books and materials. Staff reduction measures were also approved, potentially affecting 30 to 50 positions. Layoff notices are scheduled to take effect on May 1.

https://chinookobserver.com/2026/03/01/trl-slashes-budget-plans-layoffs/

AOL is implementing job cuts. One hundred eight positions are affected. These reductions impact the Reston office. Bending Spoons acquired AOL. This acquisition led to the workforce changes.

AOL is implementing job cuts. One hundred eight positions are affected. These reductions impact the Reston office. Bending Spoons acquired AOL. This acquisition led to the workforce changes.

First Brands Group will close its western distribution center in Patterson. This closure will result in 98 job losses for workers. Ninety-one employees will be laid off on April 4. The remaining seven employees will lose their jobs on April 30. The company filed for Chapter 11 bankruptcy last September amid fraud accusations against former executives.

https://www.kcra.com/article/stanislaus-county-layoff-first-brands-group-closes-facility-patterson/70563533

Cost Shareholders minimum $150-$200 Billion.
T-Mobile
DTV
Time Warner
Lots of smaller potatoes as well in their shareholder evisceration stew.
Each of those two Dolt Headed CEO's will walk or have walked from their tenures with $250M each and all the perks.
Remember executive compensation is never linked to share price at ATT. Just metrics that are easily manipulated and massaged.

The new course on SAP Strategy is really inspiring. I love the presentation given by SS.

And there are no layoffs mentioned. Looks like we can all breathe freely this year.

I read that the corporate workforce was around 6,500, which felt surprisingly low for Walgreens. That figure was from 2021. What do you think the corporate headcount is now? Above or below 5,000? That still seems incredibly low to me.

Stay tuned

Layoffs 20% in next 3 months.

There aren’t going to be layoffs, that would actually solve a problem. Fidelity will not do that.

In 2025, Optum India is significantly expanding its footprint and innovation capabilities, highlighted by a new 500,000-square-foot office in Chennai and the launch of its first innovation center in Gurugram.

Because of pressure from the US administration, SAP stopped most DEI programs in 2025. And now, two. Executive Board members will “step down” or “not renew contracts”.

Gina is a woman and was compassionate towards trans employees so she’s gone. We will not see a female executive board member for a long long time.

Alam is a person of color and not a Christian. He is gone as well. We will not see a person of color or a non-Christian in the executive board anytime soon.

In any case, LGBT members never make it to important positions within SAP so we won’t see them in the executive board either.

They needed Gina only to bring performance management and destroy most of the employee benefits. And they needed Alam to initiate multiple reorganizations after Juergen Müller was given the boot.

What changes do you think will happen in teams now? Will they only consider white Christian males for leadership roles from now on? And what about LGBT employees? Is SAP starting a program to remove all migrant employees in Germany? The demands from the US administration are pretty straightforward and the SAP board has done nothing but comply.

Does anyone have any information on upcoming RIF or VSP? Please share what you know.

Are we looking at more cuts, or finally a break?

Assume the worst, regardless of what you're told. Layoffs might be over, but don't act like it. This is my second takeover. The first was a nightmare, for me and the company. I'm lining up options and staying ready. Things can go sideways in an instant, with no notice at all.

Everyone's saying it'll be more than the 5% they mentioned, but nobody seems to have details. At least I haven't heard anything concrete.

Most definitely not here. They treat us worse than disposable, and that's already rock bottom. Don't fall for the pay, the promises, or the fear tactics. Your odds of being let go soon after moving are way higher than the move ever working out.

It's nearly impossible to keep up with the workload. My team lost more people in the latest round. Does anyone actually consider whether teams can still function when making these cuts? Sure doesn't feel like it.

Rumors are flying about cuts tied to the reorg, but I've got nothing solid. Some layoffs make sense with any reorganization, but folks are talking about a big round. If you know something real, please share.

No one's even pretending to steer anymore. Just managed decline, slow and steady. Layoffs forever, now reaching offshore too. There's hardly any core left, both among employees and leadership, that could pull off a turnaround, if that was ever the plan. Am I off base here?

From what I gather, these are standalone, triggered by the steep drop in Gardasil sales. Given where things are headed, I'm worried we'll see more layoffs beyond the announced targets. It's terrifying, really, especially with the industry-wide contraction in jobs.

Since Home and community townhall for 03/05 was cancelled and rescheduled to 03/26, what area do we think will be getting laid off this coming Thursday?

That is what I am hearing from tech mgrs. No such big layoffs.

We all know what's coming once the latest acquisition goes through. Things were already bad, and they're about to become much, much worse. Might as well start looking for something new right away, although good options seem to be shrinking every single day.

We have more than enough of those, and yet it doesn't seem any were affected by these layoffs.

They'll take your dedication, thank you for it, then lay you off like it's nothing. Don't be loyal to a place that sees you as replaceable. Learn from those of us who've been through it.

Do we know?

Let’s be real about why all support organizations are being moved under Vistance Networks: it’s to grease the wheels for selling off Ruckus and ANS.

By stripping IT, Finance, and HR out of the main entities, they’re effectively lowering the operating costs of the units they want to sell. Any buyer is going to have their own support infrastructure already in place; they don’t want our overhead. This move allows a buyer to "plug and play" the core business without the messy optics of immediate mass layoffs post-acquisition.

If you’ve been through a merger before, you know support staff are always the first to go. This restructuring just handles the "trimming" ahead of time to make the balance sheets look prettier for a handoff.

Bumping from @24p+1kgszbyzr.

With the Gulf crisis that exploded yesterday, meaning O&G is cool again, will EM not relax its PIP season harvesting?

Does anyone know how many people have been cut total? How many more to go before this "restructuring" is done? Are we done or not? I just want a date when I can stop being terrified every morning.

https://www.avclub.com/warner-bros-paramount-deal-layoffs-110-billion

Ford is a shadow of its former self. Sure, maybe a few areas are okay, but overall it's been a decade-long decline. If you're young and have skills, go somewhere that actually values you. Unless leadership completely changes, which won't happen, it's just more cuts from here.

Link to the article: https://www.delawareonline.com/story/money/business/2026/02/28/nordstrom-department-store-closing-christiana-mall-location/88917538007/
Link to the video: https://www.youtube.com/watch?v=PFCAruqmrrU

https://bringmethenews.com/minnesota-business/estee-lauder-to-lay-off-68-employees-at-aveda-facility