#layoffs

September 14th is meant to be catostrophic. Good luck all.

Hold your loved ones close. I know I will be holding

Wow, that is spectacular downfall. And I have heard from my retail sources that Hoka and On has slowed a lot.

This is perfect storm of economy, fatigue by consumers with same styles and lack of design direction in the industry.

For next round of upswing in the industry, the answer is TIME. And it might take a while and it might have to start level that way lower than now.
And in meantime, there could be a lot more pain including downsizing and layoffs etc.

Campbell Soup Company is implementing significant layoffs affecting salaried employees as part of a broad cost-cutting initiative. This reduction impacts workers at its Charlotte facilities, where Lance cr--kers are produced. The company aims to save $500 million over four years through these measures. These job cuts follow disappointing financial results, particularly within the snacks division. Campbell's is also closing two snack plants in other states.

Charlotte, North Carolina

https://www.charlotteobserver.com/news/business/article317131586.html

There are signifficant layoffs happening, but no official communication has been ever shared, what is the percentage? It's horrible that people I work with just dissapear.
Standard tasks take now not weeks but months. Several roles managed by one employee for the same salary. Rinse and repeat.

I know no one cares, but this utter nonsense of hub consolidation, has costed my family $180K per year with my husband letting go of his job to follow me to hub, as he has similar colocation issues too from his company if he moves out of state. What’s up with these corporate id--ts? Why aren’t they fired for poor performance? We need to write to Trump.

Remember all the Leadership videos stated (or at least implied) that “we’ll figure out the mapping, redundancy and needs” withing the next 120 days.

Sadly it could happen at any time.

New employees from Cox – Charter does not care about you
Old employees from Charter – Charter never cared about you

Take care of yourself.

Our corporate overlords have decided 4th quarter earnings need a boost and they need bigger bonuses, nothing new.
The leadership meeting last week contained a horrifying slide. They voted on cutting 50% of human “assets” by the end of the year.

Long story short, defending cuts and layoffs, bragging about people who can't be employed after getting laid off, and the next round of layoffs which might happen around Dec. After huge backlash, the post was taken down.

Just curious....noticed some age related trends in my department...

i know the IT department is , but which IT department specifically? im particularly interested on the evernorth side.

Right now I am so drained that even when I am off, I have nothing left for myself. Yes, my pay and benefits are better but at what cost? Not to mention, now I have a higher chance of being laid off instead of it being the other way around. This place is truly a joke.

How has BMC declined so much in only a few years? I’ve worked here for decades and enjoyed it. I am thinking of retiring early and jumping ship. Is this everybody’s experience or just my luck? I couldn’t imagine being mid to early career and spending the next 20 to 30 years like this….

Back with another one from ya NoCenteam correspondent.

And before I begin: sincere best wishes to everyone leaving Centene today. There's life after Centene. A pretty damn good one, actually. You'll land, you'll remember what it feels like to breathe again, and I suspect a whole lot of you will eventually look back and realize you were better off for it.

Godspeed, fellow Centene employees NoCenteam alumni.

Let’s dig in. Centene has spent a lot of time talking about simplification, efficiency, focus, and Enterprise Optimization, so let's take them at their word. Because at this point, layoffs headcount reduction isn't really the interesting story anymore. The interesting story is: what exactly is Centene optimizing into?

Look around. ACA membership is shrinking. Medicaid membership and mix are changing. State-plan business has been lost or is transitioning in Georgia, Hawaii, and Florida. Centene is choosing to exit Arkansas ARHOME, and Health Net is now exiting traditional commercial group business in California and Oregon to focus on government-sponsored healthcare.

Inside the company, you've got VSPs, ISPs, leadership departures, executive responsibilities being consolidated, and entire functions disappearing. Meanwhile, major work is increasingly being centralized, standardized, automated, outsourced, or handed to outside partners.

None of those things individually proves much. Put them all on the same whiteboard, though, and a pretty interesting picture starts to emerge. This isn't just a smaller Centene. It looks like Centene is deciding which businesses it wants to be in, which capabilities it still wants to own, and who it wants doing the work.

Which brings me to a question I'd really like somebody on an earnings call to ask:

For every dollar Centene expects to remove from employee expense through Enterprise Optimization, how much new spending is being committed to consultants, technology vendors, managed services, and offshore providers? (Attention reporters and analysts… this is the question you should be asking… you’re welcome) 😉

Because reducing payroll isn't necessarily reducing cost. Sometimes you're just eliminating the expense changing who sends the invoice.

And there's another question that's probably even more important:

For every capability Centene removes internally, who owns that capability afterward? (Ahem)

Because if the work still needs to be done after the employee leaves, was the job actually eliminated, or was the employer changed?

Centene has historically sold a pretty compelling proposition: national scale with local knowledge. But there's an interesting tension there. Centralization, outsourcing, and standardization can absolutely make an organization more efficient. They can also slowly remove the local knowledge and institutional memory that made the model work in the first place.

You can consolidate leadership, standardize platforms, outsource operations, automate workflows, and remove people who look redundant on an org chart. Every one of those decisions might make perfect sense individually. The trick is knowing when you've removed cost and when you've removed capability.

That's why I don't think the Centene story anymore is "Why are they laying people off?" We know why companies cut people.

The much more interesting question is:

Managed Healthcare: Managed by Whom?

When Enterprise Optimization is finished, what does Centene still know how to do itself? And perhaps more importantly, what happens when the people who knew how all this sh-t actually worked are gone?

No allegations of wrongdoing here. Just watching the pieces move around the board and asking where they're going to land.

NoCenteam Securities & Organizational Archaeology Division
We read the footnotes so you don't have to.

What in the world happened to the two EVP’s of upstream? After all the merger planning, they picked these 2 and then so soon after the merger they both had to be abruptly fired? This is highly unusual. What happened?

Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of L3Harris Technologies, Inc. (“L3Harris” or “the Company”) (NYSE: LHX). Investors who purchased L3Harris securities are encouraged to obtain additional information and assist the investigation.

The investigation concerns whether L3Harris has violated federal securities laws.

L3Harris Investigation Details
On August 17, 2026, L3Harris disclosed that Christopher Kubasik has stepped down as Chairman and Chief Executive Officer, effective immediately. L3Harris said that it had become aware of certain conduct by Kubasik that was not consistent with the values of the Company as outlined in its Code of Conduct. Following this news, L3Harris’s stock price fell $13.44 per share, or 4.61%, to close at $278.38 on August 17, 2026.

What’s Next for L3Harris Investors?
If you are aware of any facts relating to this investigation or purchased L3Harris securities, you can assist this investigation. You can also contact Peretz Bronstein or his client relations manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC: 917-590-0911

No Cost to L3Harris Investors
We, Bronstein, Gewirtz & Grossman, LLC, represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys’ fees, usually a percentage of the total recovery, only if we are successful.

Why Bronstein, Gewirtz & Grossman, LLC For L3Harris Securities Investigation?
Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide.

“Our practice centers on restoring investor capital and ensuring corporate accountability, which serves to uphold the essential integrity of the marketplace,” said Peretz Bronstein, Founding Partner of Bronstein, Gewirtz & Grossman, LLC.

Contact Info
Peretz Bronstein, Esq. or Nathan Miller
Bronstein, Gewirtz & Grossman, LLC
917-590-0911 | info@bgandg.com

does anyone know if that site closed? The entire medium business division was axed which was around 50 employees

Any idea what intel offer now?

Flying a bunch for people to India for what??? WTF. TUs execs are very good at planning lavish trips for no business value but are less good at actually increasing the stock price.
I'm sure when there are layoffs and sh---y bonuses and increases, they'll cry about how hard things are and forget about their many boondoggles.

Layoffs will follow.

Be ready for something big.

Volkswagen’s board of directors on Thursday approved a sweeping cost-cutting plan that would cut 50,000 jobs, slim the company’s model line by half and end auto production at four German plants.

https://apnews.com/article/volkswagen-job-cuts-plants-oliver-blume-8ebf1cc6693a06d06b12fac5693c8333

Rumor has it the next round of ISPs will take place later this year and in T1 2027. Any truth to this? On the one hand, I’m sad to hear it, knowing many families will be impacted. On the other hand, I’ve seen too many instances of friends hiring friends, people hired into positions they’re not qualified for. As a result, work is not getting done, and others have to pick up the slack. Whatever happened to “an honest day's work for an honest day's pay”? Where is the accountability??

Not knowing is stressing me out.

Leadership lies to protect themselves, blames anyone nearby when things go wrong, and then does layoffs with zero communication. I'm waiting for the day when the job market improves, because I think we'll see a major exodus of the best people.

We always have layoffs in October, I don't see why this year would be different.

In the past when there were layoffs in October, layoffs would happen the first Tuesday of the month. In that scenario what was the end date? was it month end (10/30) or was it 12/31? or did it depend on whether they needed you to finish up the year end work? was bonus prorated or did you get the whole thing? could you accelerate your end date?

Something we have to deal with as a fact of life, not as an occasional happening?

Performance ratings were completely ignored. Favorites and yes-people stayed while genuine hardworking colleagues were let go. People are judged by how they dress and who they flatter, not by their actual work. I hate what this place has turned into in the past several years.

Look like whole network, server, infra and some security teams got fired this week across the globe in IT for Baxter.

Can only go downhill from here..

Kilgore Flares Company is laying off 127 employees at its Toone, Tennessee facility. This significant reduction represents nearly half of the plant's total workforce. The company manufactures military countermeasures and other defense-related products. No specific reason for the layoffs has been publicly disclosed. The cuts are scheduled to take effect on October 31.

Toone, Tennessee

https://rollingout.com/2026/09/03/kilgore-flares-layoffs-tennessee-work/

Software firm Qualtrics has eliminated 117 positions at its Seattle location. These layoffs follow the company's recent acquisition of Press Ganey Forsta. Employees were notified of the cuts on August 19th, with their last day being October 18th. The company stated these decisions were made to integrate operations and create a unified team. This action is part of a broader restructuring effort to eliminate duplicate roles.

Seattle, Washington

http://www.chronline.com/stories/software-maker-qualtrics-cuts-117-jobs-in-seattle,407566?

Eurofins Diatherix will be closing its lab facility. The company provides molecular diagnostic testing services. These services are for hospitals and physicians. The article does not specify the number of employees affected. Further details are behind a paywall.

Birmingham, Alabama

https://www.bizjournals.com/birmingham/news/2026/09/03/biotech-company-to-close-lab-facility.html

Oregon school districts are implementing significant cost-saving measures due to budget deficits. Declining enrollment and reduced state funding are primary drivers of these financial challenges. Consequently, several districts have resorted to teacher layoffs, school closures, and program alterations. These difficult decisions aim to stabilize finances and ensure the continuity of educational services. District leaders emphasize that student well-being remains the top priority despite these necessary adjustments.

Eugene, Oregon

https://nbc16.com/news/local/oregon-school-districts-cut-costs-amid-budget-deficits-layoffs-and-program-changes

Financial services giant UBS has announced another round of job reductions in New Jersey. The company plans to eliminate 41 positions at its Weehawken office. These layoffs are scheduled to occur in late November. This latest workforce reduction brings UBS's total layoffs to 209 employees. The company is a major global financial institution.

Weehawken, New Jersey

https://www.nj.com/business/2026/09/giant-nj-banking-employer-announces-more-job-cuts-pushing-layoffs-beyond-200.html

Uber is implementing significant layoffs, impacting 93 employees in Washington state. These cuts are part of a broader global restructuring affecting approximately 10% of the company's workforce. The majority of affected positions are in the Seattle engineering hub and regional remote roles. This action aims to streamline management and reduce operational layers. The company will provide affected staff with full pay and benefits through a 60-day notice period.

Seattle, Washington

https://www.geekwire.com/2026/uber-laying-off-93-washington-state-workers-hitting-engineer-and-management-roles-at-seattle-office/

New American Funding has laid off 160 employees in its consumer direct division. This reduction is a direct response to current mortgage market conditions. Elevated interest rates have significantly suppressed refinance volume. The company stated the decision was made thoughtfully and responsibly to align operations with market realities. They expressed gratitude for the contributions of affected team members.

Santa Ana, California

https://www.housingwire.com/articles/new-american-funding-layoffs-160-consumer-direct/

Stoelzle Glass USA has temporarily laid off approximately 200 employees. This action is due to a significant production investment at its facility. The company is undertaking a $100 million upgrade to its Monaca, Pennsylvania plant. This project includes rebuilding the furnace to increase melting capacity and improve energy efficiency. Workers are expected to be rehired by February 1st upon project completion.

Monaca, Pennsylvania

https://www.glass-international.com/news/stoelzle-glass-usa-makes-200-temporary-layoffs

State officials have agreed to negotiate with San Mateo County leaders regarding Vehicle Licensing Fee distribution. This agreement could prevent over 1,000 layoffs impacting public services. Assembly Bill 184 outlines plans for a new formula to backfill VLF fund revenues for affected counties. County officials project significant shortfalls without a reworked backfill formula. Negotiations are expected to begin after Labor Day.

https://www.almanacnews.com/san-mateo-county/2026/09/03/state-leaders-san-mateo-county-agree-to-negotiate-funding-fix-ahead-of-1000-layoffs/

Have there been recent layoffs? Seems like people are getting let go little by little rather than massive layoffs unless someone has heard otherwise? Seems like most new positions are being opened up in low labor costs countries.
Is this how the company is going to be? A western management team with all outsourced employees?