#layoffs

https://www.wbtv.com/2025/12/01/north-carolina-based-restaurant-chain-abruptly-closes-doors-after-almost-90-years/

Nearly 300 people will be out of a job when a factory in Gaston County closes down later this year.

https://www.wbtv.com/2025/11/03/nearly-300-layoffs-coming-with-factory-gaston-county-set-close/

• Title: Ontario-based Algoma Steel makes difficult decision to issue 1,000 layoff notices *
• Description: Algoma Steel in Sault Ste Marie Ontario is issuing about 1,000 layoff notices after being hit by 50 percent U.S. steel tariffs. The company says the tariffs have fundamentally altered the competitive landscape and forced it to close its blast furnace and coke making operations in early 2026. Algoma is accelerating its transition to electric arc furnace steelmaking by a full year in order to remain viable. Federal and provincial governments have announced 500 million dollars in loan assistance to help the company navigate the tariffs and reorient its business. Union leaders and Ontario officials say the decision is devastating for workers and the community and are working on action centres, retraining and other supports ahead of the March 23 2026 layoff date.

  URL: https://www.ctvnews.ca/northern-ontario/article/ontario-based-algoma-steel-makes-difficult-decision-to-issue-1000-layoff-notices/
  Date published: December 1 2025

||||||||||||||||||||

• Title: Algoma Steel to lay off more than 1,000 workers *
• Description: Algoma Steel Group Inc is laying off more than a third of its workforce with some 1,050 layoff notices as it accelerates a transition away from blast furnace and coke oven operations. Union leaders say about 900 of the affected workers are members of USW Local 2251 and roughly 150 are salaried staff in Local 2724 and describe widespread anxiety as the notices arrive just before the holidays. The company has been pushed to move faster on its electric arc furnace project after 50 percent U.S. tariffs on Canadian steel effectively shut it out of its main export market and contributed to almost half a billion dollars in recent quarterly losses. Algoma plans to focus more on steel plate and other products for the Canadian market while relying on 500 million dollars in federal and provincial financing to get through the transition. The article places the layoffs in a broader context of global steel overcapacity noting similar restructuring and job cuts at German producer ThyssenKrupp Steel.

  URL: https://www.theglobeandmail.com/business/article-algoma-steel-mill-sault-ste-marie-layoffs-tariffs/
  Date published: December 1 2025

||||||||||||||||||||

• Title: Canadian steel company Algoma to lay off 40 per cent of workers, blames Trump tariffs *
• Description: Algoma Steel Group says it will lay off about 1,000 workers or roughly 40 percent of its 2,500 person workforce and close its blast furnace in Sault Ste Marie in response to severe financial pressure from U.S. tariffs. The company is shutting its blast furnace and coke making operations in early 2026 as part of an accelerated shift to electric arc furnace steelmaking. Management cites 50 percent tariffs on Canadian steel for weak demand, a 13 percent drop in third quarter sales and nearly 90 million dollars in direct tariff costs. Ottawa and Ontario have together provided a 500 million dollar low interest loan through the Large Enterprise Tariff Loan program to help Algoma weather the trade war and complete its transition. Algoma says the restructuring is necessary to secure its long term future while acknowledging the heavy toll on employees and promising to work with governments and unions to support affected families.

  URL: https://www.thestar.com/business/canadian-steel-company-algoma-to-lay-off-40-per-cent-of-workers-blames-trump-tariffs/article_0436d338-ebac-4106-abb2-135e02d77224.html
  Date published: December 1 2025

||||||||||||||||||||

• Title: Algoma Steel to lay off 1,000 employees, blames Donald Trump's tariffs *
• Description: Algoma Steel in Sault Ste Marie has issued 1,000 layoff notices just two weeks after securing 500 million dollars in combined federal and provincial financing. The company attributes the cuts and the closure of its blast furnace and coke making operations in early 2026 to its conversion to electric arc furnace steelmaking and to U.S. tariffs that have effectively closed off its largest market. About 40 percent of the 2,500 person workforce will be eliminated and the news immediately knocked almost 8 percent off Algoma Steel's share price. Union leaders say roughly 1,050 positions including both unionized and non unionized roles are being eliminated and warn that the community of roughly 78,000 residents cannot easily absorb such losses. The article notes that the layoffs come despite government aid and highlights ongoing struggles across Canadian manufacturing under Donald Trump tariffs and weaker steel demand.

  URL: https://www.torontosun.com/news/provincial/algoma-steel-issues-1000-layoff-notices
  Date published: December 1 2025

||||||||||||||||||||

• Title: Algoma Steel issues 1,000 layoff notices, closing blast furnace and coke-making operations *
• Description: Algoma Steel has sent 1,000 layoff notices effective March 23 2026 as part of an accelerated plan to fire up its electric arc furnace and shut down its blast furnace and coke making facilities. The company says 50 percent U.S. tariffs have effectively closed the American market to its steel and forced it to speed up its nearly one billion dollar transition to electric arc furnace production. Union presidents estimate the true number of affected employees at about 1,050 including salaried, hourly and non union staff and expect job losses across coke, iron, steelmaking and other departments. Local unions are reviewing bumping rights and working with partners to establish an action centre that will offer resume help, skills development and retraining while income security programs and possible severance options are detailed under collective agreements. The article also covers political reaction including Sault Ste Marie's mayor and local MP pushing federal and provincial governments for tariff relief, infrastructure projects like a new port and other economic supports to soften the blow to the community.

  URL: https://www.saultstar.com/news/breaking-algoma-steel-issues-1000-layoff-notices
  Date published: December 1 2025

||||||||||||||||||||

• Title: Algoma layoffs shine a light on need for a deal with Trump: Shoemaker *
• Description: Northern Ontario Business reports that more than 1,000 of Algoma Steel's roughly 2,516 positions will be furloughed by March 2026 and Sault Ste Marie mayor Matthew Shoemaker calls the cuts an obvious consequence of six months of 50 percent U.S. steel tariffs. Shoemaker argues that while Algoma always expected some job losses as it transitioned to electric arc furnace production the tariffs accelerated the timeline and show why Ottawa must urgently secure a tariff deal with Washington. He urges federal and provincial governments to turn existing plans into immediate orders for Canadian steel and to move ahead quickly on the proposed Port of Algoma multimodal project which could create construction and long term operational jobs. The mayor also calls for relocating more Ontario Lottery and Gaming jobs to Sault Ste Marie as a short term stabilizer and says city council will work to keep municipal tax increases low as residents face income uncertainty. He warns of wider ripple effects on social services, real estate and local businesses but emphasizes that the community will support affected workers as part of what he calls a big family in the Sault.

  URL: https://www.northernontariobusiness.com/industry-news/manufacturing/algoma-layoffs-shine-a-light-on-need-for-a-deal-with-us-shoemaker-11566542
  Date published: December 2 2025

||||||||||||||||||||

• Title: Algoma Steel to lay off 1,000 workers over unprecedented tariffs *
• Description: Global News reports that Algoma Steel plans to lay off about 1,000 workers in Sault Ste Marie because U.S. tariffs have fundamentally altered the market and sharply limited its access to the United States. The layoffs are tied to the closure of the company’s blast furnace and coke making operations as it adapts its plant and business model to a new reality. Algoma says the decision is necessary given extraordinary external market forces even though it recently completed a 500 million dollar government financing transaction meant to help it manage tariff impacts and pivot away from U.S. dependence. In the House of Commons Industry Minister Melanie Joly expressed sympathy for workers, pledged support for Algoma as it develops new products and markets and promised the government would fight for these jobs. Conservative leader Pierre Poilievre criticized the government response as empty promises that will not put food on the table for out of work steelworkers underscoring the political stakes of the layoffs.

  URL: https://globalnews.ca/news/11554359/algoma-steel-layoffs/
  Date published: December 1 2025

Something I’ve found deeply unprofessional is leaders openly discussing possible layoffs and the decline of Target culture with a hint of glee. As if they perhaps enjoyed spreading bad news to encourage lower level employees to flee the sinking ship as they could hop onto the nearest lifeboat. My leaders have openly discussed Target’s problems while maintaining their careers for over a decade. One has to wonder if it’s become a strategy to keep their precious little corporate roles.

All to say: if you are worried, stay the course. Don’t leave without your paycheck and a cushion to plan your next step. Target is not the end all be all of anything. Having watched a man get the saddest multiple decade anniversary acknowledgement “party” followed by a layoff the next week… you won’t be missing out on much if you’re fighting over the last life preserver.

Heard over 300 more stores will be sold off to agents in the coming year. Polish your resume and get out while you can. They'll either pip you out with these high quotas or you'll be working for an agent.

CSM team has gone through two round of layoffs already (April and November). I heard more to come after the new year. Anyone has any insight on this?

Let's spill the beans. When is the next layoff? Please share only credible date(s).

And was about to do 180 on benefits and treatment of their employees.

The most down voted posts here.

Adios.

And these are the people steering the ship. If there is another layoff coming, here’s a bold idea: Start the same “leaders” of these decisions — not the people actually doing the work.
Remove the placeholders, and watch morale (and maybe the stock) bounce back.

Anyone else watching this stock drop like, “Yep… checks out,” considering the same “leaders” (air quotes) who built the perimeter list are still in charge? Only here could tower-only folks get listed to go with a fiber sale while people who’ve never done tower a day in their lives — pure fiber/small-cell — were kept? Made zero sense. It felt less like a workforce plan and more like someone drew names out of a hat, but that work require planning they aren’t capable of so doubting they even did that.

Until then, we’re all just updating our resumes watching them ruin what we worked to build and pretending to be surprised while hoping someone stops it, we have a good business that is profitable once we remove the fake leaders.

can anyone share info?

I'm trying to make sense of the mixed messages and bringing in another industry CIO like Paula Krantz in our current climate. The leadership of this company seems to burns money on shiny new hires but layoffs and hardly cost living raises are the table scraps fr the rest of us who put in the years building the backbone of the company. I know a couple people in another department who left for better pay at SSM and Express scripts. It is probably time to clean up the resume which is unfortunate.

• Nordstrom
  Clothing company Nordstrom will lay off 36 remote employees from its credit division, with the first termination phase beginning on Feb. 21, 2026, as the company transitions its credit operations from Nordstrom Credit Bank to TD Bank.

Nordstrom Credit Bank is located in Colorado but has remote employees in Arizona who will be laid off as part of the transition.

The Colorado location was not closing but would retain only a few employees after the transition, Laura Duve, of Nordstrom’s human resources team, wrote in a letter to the Arizona Department of Economic Security.

Evernorth Care Group, a health-care provider, announced it would stop clinical care operations and sell its assets to HonorHealth. The sale will close in January, and will result in the closure of one location in Peoria and the transition of a clinic in Tempe to HonorHealth.

The moves will result in 143 layoffs that will occur Jan. 1, Matt Totterdale, senior vice president of Evernorth, said in a letter to the Arizona Department of Economic Security.

The heading says it all

Consolidating the Tech leadership under a "sustainability" COO IN the same 2 weeks everyone is being told to hurry up and update their skills listing in Workday. The writing seems on the wall for another season of tech "reorganization".

Does this mean we're finally done fu--ing around with NFTs and trying to homebrew dead-end AI hype?

One problem Nike has that doesn't get discussed enough is how they are so reluctant to promote people anymore. The promotions wave after this round of layoffs is hardly what it should have been when you stretch that over years of time that they froze nearly all promotions.

It's a self-defeating circle: do nothing to advance people, let them get TOO expert in their roles that they get bored, productivity suffers, now they have a case to lay you off because you deliver "poor quality work". Sure, not everyone gets a promotion, but we routinely see people complain on here about how few people ever got a promotion, and how many talented hard working people have left over the past 5 years.

Did any of these incompetent imbeciles ever stop and think about that spiral of enshittification? They must know this cycle is of their own making and is a key reason why talent that remains are in such a weird place.

"Additionally, because Leggett & Platt's business is complementary to Somnigroup's
businesses, we would expect to not only retain most of Leggett & Platt's management team and employees, whose knowledge, experience and talent would be invaluable to the
Somnigroup organization, but also provide them future career opportunities in the broader Somnigroup organization. We also expect to retain a significant presence in Carthage."

Sure.

Johnson & Wales Makes List of 44 schools on the brink of closing. More mass layoffs coming.

https://www.educationnext.org/the-financial-risk-of-declining-enrollment-to-midsize-colleges-analysis-private-institutions-new-england/

people in my office were laid off yesterday. Anyone else?

Allied Tube and Conduit Corporation, a manufacturer of electrical and mechanical tubing and conduit, including steel, plastic and aluminum products for use in building and in various products like traffic safety, announced layoffs beginning in January.
The move will permanently lay off 205 people, Mindy Cline, vice president of human resources for Atkore, the brand’s parent company, wrote in a letter to the Arizona Department of Economic Security.

State Dept finalizes mass layoffs, says employees won’t be reinstated under shutdown-ending deal
Federal News Network
Tue, 02 Dec 2025 19:27:43 GMT

The State Department is notifying some employees targeted by mass layoffs... their official separation date is imminent / & is not affected by a shutdownending spending deal that forced some agencies to rescind layoff notices.

While a minority of the layoffs discussed during third-quarter earnings were attributed to AI, the AI-related share increased notably through 2025, growing to just above 15% in the quarter. But more broadly, he highlighted that the companies discussing AI in the context of their workforce or layoffs “indeed appear to be pulling back disproportionately on hiring.”

https://fortune.com/2025/12/02/are-layoffs-related-to-ai-job-opening-goldman-sachs/

Did they just layoff a large portion of SMB management and senior management in California (or did they all just quit)? Anyone have details?

I’ve heard so many different versions of what’s coming and when that I can barely keep track anymore. I know we’re in trouble. It would just be nice to know what’s ahead so we can at least try to prepare.

I know it wasn’t about my performance, but it still stings. Whether you want it to or not, it makes you feel invalidated. And by all accounts, finding another job isn’t going to be easy. It just su-ks.

With the move to the cloud for all customers, will they get rid of all the VMware people ?

Layoffs confirmed by a senior leader at my plant that has majority experience in the corporate offices. They said it will impact a lot of corporate positions & may also impact some field roles. They said it’ll happen end of this week early next so brace yourselves! They’re blaming it on the merge but we all know they’re out sourcing roles to Mexico etc

Came across this while scrolling through our board, checking for updates. OP: @b5+1kbdhf394

What jobs are getting axed ?

Outright Games is making 27 employees redundant. The Chicken Run: Eggstraction and Teenage Mutant Ninja Turtles: Mutants Unleashed publisher said the decision will enable it to adapt to shifting market conditions.

https://www.gamedeveloper.com/business/uk-publisher-outright-games-confirms-layoffs

if you’re an account specialist in corporates you might be cooked 8/10. If you haven’t received your RIF notification already well you’re either safe or they’re coming for you too. I mean they’re eliminating directors, managers, and account specialists. So it doesn’t seem like anyone is spared. It seems like a lot of these people are being let go. Thank you for your time and attention to this matter - blur

Saw an article that the full ISG team was let go

Anyone get to take their kid to work and show them how cool was Verizon is and then have to tell the same child that you were kicked to the curb?

Heard that WFRs continue on a smaller scale. Any major mass layoffs planned?

Love to see VPs/Sr.Dir/Dirs let go first…will save Veritas tons of $$$$.

Hi, any word on today’s layoffs? I am on vacay this week, but kinda stressing. Anyone got updates?
I heard it's not going to be pretty at all.

Sales reps, category managers, and at least one branch manager.
Private Equity noise getting louder.

• The Mole

Intel use “I am the only US semi” excuses to politically hammer/block other companies. It is politics and unfair competition.

After 15 years at Verizon leading AI initiatives, I was swept up in the latest RIF which was ironic, given that one of my current projects was highlighted in Dan’s recent AI pitch.

I began transitioning responsibilities to a senior colleague, only to be told today that I should now train a new hire in India. Same title as mine, brought on last week, fresh out of a 2021 graduation, yet his resume reads like he mentored Sam Altman. Apparently, “worked exclusively with US companies in India” is the new definition of deep experience.

When I asked my Sr. Director for clarity, the response was : “This is out of my hands. More org and budget changes coming soon.”
Translation: brace yourself, the outsourcing wave is just beginning.

Let’s be clear, Verizon isn’t cutting costs by hiring “cheap labor.” as I see some oblivious people saying, these contracts start at $40 an hour and can climb past $60, often padded with fantasy resumes. The difference is they’re remote, from small towns where overhead is low, while Verizon keeps cashing in here in the US.

So don’t fall for the AI fairy tales or the “Verizon values” slogans. The reality is simple:We U.S. employees are being replaced, while our politicians & news outlets are busy with nonsense and the greedy companies keeps pocketing the profits.

For once I don't think it's layoffs because they'd be happy to announce that given any opportunity. I'm not sure what it is instead though.

I noticed that some of the people who were laid off ended up with different end dates, and I'm confused about how that works or what the reason behind it might be.