#layoffs

Remind me, when was the most recent layoff? 2024? Under Biden?

Curious how things are looking in the Polish office these days, especially with all the restructuring.

Back when I was around, a huge portion of "contractors" were basically treated like regular employees. Same management in Outlook, annual performance reviews, same Jira sprints – just on an invoice. I remember management even joking behind closed doors that regular B2B was basically a disguised employment risk, sometimes throwing around weird workarounds.

Is this still the main model there? How common are these B2B setups now in Poland while full-timers are dealing with layoffs? Anyone worried about ZUS or tax stuff catching up?

••• saw this comment posted and sums up the question above!
Farley is a fail, everyone knows that. He is also a puppet, controlled by the Frd family and laughable Board of Clown Directors. Let’s go through all of Farley's EPIC FAILS. F150 Lightning and Mach-E and Model E and the bs of the unethical layoffs of older pensioned talent of 2022; the lies that the layoffs was to fund EV developement, absurd. EPIC FAIL, the AV llc ( Elon has a robotaxi on the streets and Waymo thrives ) yet Frd flushed billion$$$ into Argo. Lincoln brand is laughable, for a CEO that claimed to build brands, he's allowed the Lincoln brand to become garbage ( the entire Design team should be terminated, good move eliminating the young Schwarenegger wannabe, now terminate the rest of the flunkees ). EPIC FAIL for hiring countless rejects, Doug F tops the list. Frd continues to lead the list of top companies with unethical and toxic culture, and you have plenty of reasons why the stock continues to decline. Peaking at $20 anticipating launch of Lightning to a current dismal $12.17. Ok so Farley did inherit alot of garbage after another EPIC FAIL in the form of Hackett and managed one smart move eliminating D(umb) Frd. IMO he didnt terminate any and everyone associated with that bunch of fakes. In a very short time after Mullaly's departure, Frd has struggled to maintain direction and momentum dumping one useless CEO after another under a decade compared to GM's Mary B. So what's next? The products look like cr-p and are engineered and built poorly. Layoffs? Of course, look at the metrics Managers are forced to use. Guaranteed the Fathom will be a messy launch. Frd has lost the EU market to Chinese EVs ( alot of the talent that were the target of 2022 that landed at those Chinese OEMs are having the last laugh ). 2027 is going to be a sh*tshow. So why is Farley still around?????

Any talks on layoffs at Ravinia

I am hearing layoffs for San Diego are for December and February.

Large layoffs planned in Nov 2026, partly due to the acquisition and reducing the cost structure.

Looks like more layoffs are coming to AXON, good luck to all my peeps

After spending 15+ years at USAA. This is what I've realized. The relationship with USAA is a business transaction, not an emotional commitment. So stop buying into corporate nonsense like "Mission moment" , "going above and beyond", “company loyalty,” “work family,” and “corporate culture.” These are convenient slogans & cool aid at USAA use to squeeze every ounce of effort out of employees while giving little in return. The moment you become inconvenient, too expensive, or no longer fit their plans, all that talk about loyalty, one team and family disappears. Just like that.
You can sacrifice your time, health, and personal life for decades, only to be treated like a disposable resource when management decides to cut costs.

Never confuse your paycheck with loyalty, and never mistake corporate propaganda for genuine appreciation. You are paid for your skills, expertise, and time not because the like USAA cares about you and your family well being. The more emotionally invested you become in an organization that sees you as a headcount or budget line, the more painful the betrayal can be when they decide you're expendable. This is the fact not some wild imagination.

Remember, USAA will protect their financial interests without hesitation, so you should protect yours just as aggressively. Invest your loyalty in yourself, your family, your health, your skills, and your financial security. Build your future instead of blindly building someone else's business. Because when the major layoffs comes next year, your years of dedication won't necessarily save your job, and no corporate slogan will pay your bills.

Be professional, work on updating your skills, collect your paycheck, and never sacrifice your life for a company that would replace you without losing a night's sleep. Your employer is not your family, and your loyalty is not a debt you owe them.

I was laid off today. I don't know how many other people were "selected" for this layoff (I know of at least two others but not sure what locations and groups are impacted)

Any core engineering or cybersecurity side ?

• Revenue is basically flat, but let's celebrate. Comcast brought in $29.3 billion, up a whopping 0.5%. Adjusted EBITDA grew 0.8%. With growth like that, we're sure leadership is already preparing another presentation about winning.

• Broadband continues its impressive downward journey. Connectivity revenue fell 2.6%, and EBITDA dropped 4.4%. Residential EBITDA was down 5.8%. But don't worry, we're probably just one more reorganization away from fixing everything.

• Wireless is growing, especially when you give it away. Comcast added 368,000 wireless lines, but about half of new postpaid phone connections were free. Apparently, getting customers is easier when they don't have to pay. Who knew?

• Peacock is finally making money. Revenue jumped 34%, subscribers reached 48 million, and Peacock delivered its second consecutive profitable quarter. Credit where it's due. Now let's see if employees get anything besides another congratulatory email.

• Theme parks are struggling too. Revenue declined 4.4%, and EBITDA dropped 17.1%. Orlando and Japan are under pressure. Surely another round of leadership meetings and PowerPoint presentations will turn things around.

• Another separation is coming, because why not? Comcast says the next separation is on track for mid-2027. Stock buybacks are paused, but $1.2 billion in dividends still went out this quarter. No layoff plans were disclosed in the presentation, but employees can look forward to more uncertainty while management explains how all this creates shareholder value.

How big was the layoff for all of the Ultrasound teams, with Siemens shutting down their General Imaging ultrasound Business?

Watching LP and his cronies dance their way onto the stage, desperately trying to hype up the partners, was beyond cringe.
Sure, the partners were all smiles for the cameras, but you can bet the conversations around those tables told a very different story. Imagine celebrating on stage while those same partners are calling their Xerox contacts, only to discover the people they've worked with for years are being laid off at the exact same time.
The disconnect is staggering. The ultimate definition of tone-deaf leadership.
Go ahead, Xerox/Lexmark, put all your eggs in the partner basket. You'll soon discover that partners aren't nearly as loyal as the employees you've discarded. Partnerships are transactional. Loyalty is earned, and you're burning through decades of it.
You're doing a remarkable job of steering this ship straight toward the iceberg, all while dancing on the deck like everything is fine.
Years from now, this chapter of Xerox's history could very well be taught in business schools as a textbook example of how to destroy employee morale, misread the market, alienate your own people, and execute yet another failed corporate pivot.
The Titanic had an orchestra playing as it sank. Xerox apparently has LP dancing.

Look at the contributor graph in the public github repository. Only very few commits for October, only a single person left. No responses in public tickets from the development team. See https://github.com/VirtualBox/virtualbox/graphs/contributors

If you needed any more confirmation that the merger between BB&T and SunTrust was a failure this is it. When Bill Rogers leaves in April 2027, there will be no one left of the original executive leadership team that was in place when the “Merger of Equals” was announced in early 2019. The formation of Truist from the name to the co-leadership structure will be a cautionary tale for how not to do a merger. The only people who benefited were the executive leadership who walked away with golden parachutes 🪂 or took early retirement packages that were very expensive. #ArrangedMarriage

I was just talking with an old peer who was impacted at Discover. She has been there three years. They gave her 7 months severance. My cousin was recently impacted at USAA. He was there for less than 2 years and was given 6 months severance. They also got warn notices and paid on top of the severance for the warn period. Citi gave me 3 months plus the warn period.

Citi is absolutely horrible. Do better, Citi! The job market is absolutely horrible. It is just going to get worse. Start taking care of the people that took care of you. You are turning huge profits and sc--wing your most valuable resources.

On the earnings call, Comcast confirmed it is undertaking a massive organizational restructuring ahead of its mid-2027 NBCUniversal spin-off, which includes major job cuts on the cable and telecom side and will trigger a restructuring charge of over $1 billion in Q4.

https://x.com/TheLayoff/status/2113354157122027736

These layoffs are being done in such a ridiculous manner, prior corporate leaders who have never run a business or have the ever been an operational leader are making cuts based on McKinsey team who is mostly 20-30 year olds benchmarking. Cuts are being made with little knowledge or care on how they will impact customers, employees or our processes and systems. This is going to be a disaster. The LEADERSHIP is full of short term renter mentalities vs owners at this point.

Only RVP left in each region with RSVPs having 1 VP and two Sr Directors.

Prediction:

• RSVPs have to be next as the reporting structure makes no sense

That's what Srini will do to the value of your company.

I hear WB CTO, CPO and CIOs are out! Long life Avi, Tyler and Dave

Unionizing can be about more than just wrestling money away from our employer. We could have a lot more influence over the direction of the company. Yall love to leave all the decision making to these out of touch execs and when they drive the business to the ground and layoffs start you whine and moan! In your next role, I hope you stop being a nay saying individualist parrot and actually start appreciating the power between you and the people you work alongside with!

Former employees of Simon Brothers Bakery are claiming their recent layoffs were conducted illegally. The workers allege the company failed to provide the legally required 60-day notice for mass layoffs. Many employees who had dedicated decades of service to the bakery were reportedly given only two weeks' notice. Complaints have been filed with the Illinois Department of Labor regarding unpaid vacation time and back wages. The bakery's closure was attributed to the loss of a major client, Sara Lee.

Skokie, Illinois

https://www.therecordnorthshore.org/2026/10/19/we-are-asking-for-what-belongs-to-us-workers-of-shuttered-skokie-factory-file-for-unpaid-wages-vacation-time/

Washington hospitals are bracing for a significant financial blow, with projections indicating nearly $6 billion in lost revenue through 2033 due to upcoming Medicaid cuts. These reductions in federal funding will impact all patients, potentially leading to longer emergency room wait times and increased insurance premiums. Rural hospitals are expected to be disproportionately affected, with some considering layoffs and clinic closures. The cuts are also anticipated to cause approximately 200,000 Washingtonians to lose their health coverage by the end of next year. This situation highlights the critical role of Medicaid in providing essential healthcare access and maintaining the financial stability of healthcare facilities.

Seattle, Washington

https://washingtonstatestandard.com/2026/10/20/wa-hospitals-anticipate-losing-billions-in-revenue-from-medicaid-cuts/

The number of Americans filing new claims for unemployment benefits dropped to near 57-year lows last week amid low layoffs, ‘suggesting’ a modest pickup in job growth in October after September's underwhelming performance. However, the reality is, it is very difficult for many to switch jobs. Especially those of us looking to escape BNY. These labor department stats suggest that everyone is working. Thing is, what kind of ‘jobs’ are these? Govt jobs, part time jobs shouldn’t count. There is a huge difference between a professional career job versus working delivery at Amazon or Dominoes pizza. I’ve been actively looking to get a new position for 2 years now and have had 4 interviews.

Disney has significantly reduced its global television presence over the past decade, shutting down approximately 130 channels worldwide. This strategic shift prioritizes streaming services over traditional linear television models. Many countries, including the United Kingdom, Australia, and New Zealand, have lost access to channels like Disney Channel, Disney Junior, and Disney XD. While U.S. channels remain operational, the company is consolidating efforts into platforms like Hulu and Disney+. This restructuring is anticipated to lead to hundreds of layoffs as Disney pivots its focus to streaming.

United States

https://www.nj.com/news/2026/10/media-giant-nixes-about-130-channels-as-cable-declines.html

Mars Global Services is laying off 55 employees at its Newark facility. These job reductions are scheduled to occur on January 31, 2027. The company is closing its Newark location in December 2027. Mars will continue operations at its Hackettstown site. This follows a previous layoff affecting 307 employees.

Newark, New Jersey

https://www.nj.com/business/2026/10/candy-giant-to-lay-off-55-more-nj-employees.html

Several biotechnology companies have recently announced substantial layoffs as part of strategic realignments and cost-saving measures. Enlivex is cutting 60% of its staff, while EyePoint is halving its workforce. Caribou Biosciences is halting pipeline development and laying off employees to seek strategic alternatives. Adecto Pharmaceuticals is shutting down operations entirely due to funding challenges. Foghorn Therapeutics is also reducing its workforce by 40% following a failed collaboration.

https://www.fiercebiotech.com/biotech/fierce-biotech-layoff-tracker-2026

People assume a big company like 3M offers a secure career, but one assessment can put everything at risk. You are almost guaranteed to have better luck finding stability somewhere else.

I’m okay with finding out I lost my job, if that means I’ll be able to finally move on and stop stressing over it all the time. The wait is horrible and I know many others feel the same way. Let us move on, one way or another.

Cigna is operating in survival mode. There's so much concern about cuts and cost control that it's hard to see what the plan is beyond making the company smaller. Employees need more than another promise that things will improve. We need a reason to believe there's a real path forward or all of us are leave on our own.

What I was told from an LL4 who quit recently is ford is back to doing the “forced stacked ranking” they got in trouble for in the early 2000s. So even if everyone on your team met their deliverables, they’re picking a few to rate “1”. It’s easy to point to badge swipes or someone being a remote worker as a reason to rate them a 1, especially on a team when no one actually deserves a 1. Ford has gotten increasingly toxic as a workplace. Keep your resume up to date and never stop applying externally. 4 days required in office is draconian and a lot of the best talent has already left

Bumping from @at+1m3ksj36n for important info.

Barclays plans to eliminate approximately 5,000 jobs by the end of 2026 to reduce operating costs. This significant workforce reduction is part of a broader strategy to streamline operations and leverage technology. The majority of these cuts will affect support functions, including software development roles. The announcement coincided with the bank's third-quarter financial results, which showed increased profit but missed market expectations. These measures reflect a growing trend among financial institutions to enhance efficiency amid economic uncertainty.

London, England

https://www.firstpost.com/tech/barclays-layoffs-bank-plans-to-cut-5000-jobs-by-year-end-to-reduce-costs-14054576.html

Heard there were more layoffs in finance yesterday

Electronic Arts has announced significant layoffs, impacting the Maxis studio. The Sims Project Rene development has been paused. The company is shifting focus to "Project Evergreen," a rumored new Sims project. The exact number of affected Maxis employees remains undisclosed. This restructuring follows a broader wave of job cuts at EA.

Redwood City, California

https://simscommunity.info/2026/10/21/maxis-the-sims-ea-layoffs/

The General Jackson Showboat will close permanently on December 15th, ending over 40 years of service. This closure will impact 114 employees. The Tennessee Department of Labor and Workforce Development was officially notified of the impending layoffs. A state rapid response team will assist the employer and affected workers. The Northern Middle Local Workforce Development Board will coordinate further support for those displaced.

Nashville, TN

https://www.wsmv.com/2026/10/21/state-filing-114-layoffs-expected-amid-general-jackson-showboat-closure/

are reductions expected to focus primarily on sales leadership + mgmt layers. or will frontline sales reps and supervisors also be heavily impacted? thank you.

When are employees expected to be notified?

Is this one major round of layoffs or the beginning of multiple waves?