#layoffs

Expect there to be layoffs June/July in Member Protection aka Fraud, Disputes, and AML first like operations.

Rumor has it most will be in the Fraud space as they over hired when the old guard went out and the new guard came in 2023/2024. I imagine it won’t be the overpaid cronies they brought with them from BofA, Citi and the like.

The senior leadership team (Bashore and his directs) is very clique-y. There is no loyalty if you aren’t part of their in crowd.

Delta is altering food services at its headquarters. This change impacts its Atlanta location. The company expects layoffs to follow. Specific details about the service changes are not provided.

Atlanta, Georgia

https://www.bizjournals.com/atlanta/news/2026/06/01/delta-cuts-food-services-contract.html

Flint City Council must approve its budget by Monday night. Failure to do so risks violating the city charter. This could lead to staff layoffs and service interruptions. Mayor Sheldon Neeley expects his balanced budget to pass. Candice Mushatt, Council President, believes members should not be paid if the budget is late.

Flint, Michigan

https://www.abc12.com/news/flint-city-council-faces-budget-deadline-to-avoid-layoffs/article_97edfdd8-2b55-4f5a-a4f1-82bc76a24d2b.html

New Jersey has seen over 7,600 layoffs announced in 2026 by early June. Verizon announced 121 new layoffs based in Basking Ridge. Novartis reported a third round of cuts, totaling 250 layoffs in East Hanover. Merck announced 88 layoffs effective by September, following earlier cuts in Rahway. Acme Markets is also closing its Edgewater store, impacting 115 workers.

Basking Ridge, New Jersey

https://wpgtalkradio.com/ixp/385/p/new-jersey-layoffs-2026/

Honeywell International announced job reductions. The company is reducing staff in the Valley. An aerospace division spinoff is planned. This corporate separation will happen by June's end. The job reductions precede this corporate change.

https://www.bizjournals.com/phoenix/news/2026/06/01/honeywell-to-lay-off-workers.html

Hollywood Feed is undergoing a corporate restructuring. This action impacts 20 employees at its headquarters. The company informed staff on June 1. Economic challenges in the pet industry prompted the move. Consumer base impacts also contributed to the decision.

Memphis, Tennessee

https://www.commercialappeal.com/story/money/business/development/2026/06/01/memphis-based-hollywood-feed-to-make-layoffs-in-corporate-office/90360795007/

Arizona experienced eased layoff notices in May. This easing was slight. It followed an April surge in notices. The trend aligns with a state jobs report. That report indicated unemployment stabilizing.

https://www.azcentral.com/story/money/business/jobs/2026/06/02/honeywell-4-arizona-employers-mass-layoffs-may-2026/90355530007/

Harvard's Faculty of Arts and Sciences is restructuring its staff. This plan includes eliminating three high-level administrative dean positions. These roles oversee finance and information technology across divisions. The layoffs are part of an effort to address a $365 million structural deficit. Affected administrators have worked at Harvard for decades.

Cambridge, Massachusetts

https://www.thecrimson.com/article/2026/6/2/ads-laid-off-fas/

And if the numbers are not there, then they get the sack?

Four Wisconsin companies filed layoff notices. These notices impacted 311 workers. The filings occurred during May. The actual number of employees losing jobs is less. This information was reported on June 2, 2026.

https://www.jsonline.com/story/money/business/2026/06/02/us-cellular-cree-lighting-others-announced-layoffs-in-may/90266782007/

Fifth Third Bancorp will close 75 Michigan locations. This action follows the company's acquisition of Comerica. Layoffs are expected, but the company prioritizes moving staff to other roles. The closures and brand transition are scheduled for Labor Day weekend. An earlier notice indicated 502 layoffs at a separate Comerica campus.

https://www.woodtv.com/news/michigan/fifth-third-leader-some-layoffs-likely-as-75-michigan-branches-close-but-situation-fluid/

US job vacancies showed a notable increase in April. The number of available roles climbed to 7.62 million. Job separations decreased to 1.69 million. This suggests a robust labor market. A single sector, professional services, drove most of this rise.

https://www.spokesman.com/stories/2026/jun/02/us-job-openings-jump-to-nearly-two-year-high-as-la/

Merck & Co. is reducing its New Jersey workforce. Eighty-eight employees at its Rahway headquarters will be affected. This action is part of a multiyear $3 billion cost-cutting plan. Merck previously confirmed 6,000 global job reductions. The company plans to reinvest savings into new product launches.

Rahway, New Jersey

https://www.fiercepharma.com/pharma/merck-shrinks-headcount-88-nj-3b-cost-cutting-scheme-rolls

Heard a mass layoff is coming to VCG.. Anyone has any info ?

https://www.foxbusiness.com/economy/top-ceos-brace-downturn-warn-us-economy-worsen-in-next-6-months#:~:text=Only%2015%25%20of%20CEOs%20say,felt%20that%20way%20last%20quarter.

Not shocking however predictions show more layoffs across the economy and that is really not good for anyone regardless. Salaries likely not going up much either.

As we know big companies are already laying off people for AI. What about companies like Cigna? Is it matter of time before they use AI as the reason ?

Is there anybody out there that has any insight they’d be willing to share about this department in terms of a timeline for impending layoffs?

Follow the layoffs from May 28th, what are the next areas of Optum that will be impacted on the June 25th RIF?

After 20+ (mostly hellish, but somewhat productive) years at Centene, I had the misfortune of being re-orged under a Sr. VP that had no idea what anyone's background and contributions had been over the decades, so I and some others were shown the door in layoffs a couple months ago. I came across this article today that lays out perfectly how the last 20 years have been for a lot of us:

https://www.msn.com/en-us/news/world/gen-x-doesn-t-want-to-work-and-their-reasons-actually-make-sense/ss-AA1VYmbT?ocid=msedgntp&pc=W069&cvid=6a1dd379fcb443ba814542eb7b86d0fe&ei=107#image=1

Slides 16 (Corporate Culture Prioritizes Appearance Over Measurable Results) and 19 (Performance Reviews Emphasize Arbitrary Metrics Over Actual Contributions) really hit home, especially this from slide 16 - "Elaborate presentations mattered more than project outcomes. Workers who delivered results efficiently got overlooked while colleagues who mastered workplace theater earned promotions."

I have never seen a company waste so much time and money on worthless slide decks that are forgotten immediately after they are delivered. If you totaled all the wasted manpower in terms of the salaries of the people that had to drop everything they were doing to work on a deck for some muckety-muck that was coming to town or wanted an update on something, I would venture it is in the hundreds of millions of dollars in wasted salaries over the life of the company.

Anyway , time to get back to figuring out how I want to spend the rest of my career. I promised myself it would be doing something that provides meaningful, measurable, tangible results, so going back to Centene is off the table.

The digital witch convert TS, the human first departament in a fu-k.. jungle , micromanagement everywhere, failed projects and remember stock $$ is not because of you !
Silent rifs are on going...

I do not care about layoff but do not want my SNPS stocks go down too much.

Anyone else finding their All Hands from Director, VPs, SVPs keep getting cancelled for this month? Getting a bit worried here. Fusion. Must mean a re-org or more layoffs given how often it’s happening.

Anyone else on this complete waste of time call wondering if they will ever actually address the REAL concerns were having... (ie job security, layoffs, etc)

Site in Limerick has lost it's buzz entirely. First time I've actually felt an unease about it's future & I remember the 2009 cull.

I am working on the consent order and most of my engagements is done after the end of this month. It’s hard to feel confident I will still be employed next month. Does Citi historically layoff staff in July?

Infosys is the absolute worst. None of the promises have come to be. They have no idea of what they are doing unless the goal is to destroy the business by running off customers due to their terrible performance. They are extremely difficult to communicate with and they lack basic critical thinking skills. Finally they are lazy and lack any sense of urgency. I wish I would have received a severance package because this nee reality is agonizing.

BNY Used RTO, Performance Reviews to Cut Jobs: Ex-Staffers

The firm has consistently reduced its headcount for the last six quarters, regulatory filings show. Former employees told Ignites how they were pushed out due to unexpected poor performance reviews and forced relocations without benefits.

META Stock Still Trails Mag 7 Peers Even After New Subscriptions, Layoffs, Cloud Plans

https://stocktwits.com/news-articles/markets/equity/meta-stock-still-trails-mag-7-peers-even-after-new-subscriptions-layoffs-cloud-plans-retail-sniffs-buying-opportunity/cZ0ikQtRevF

Oracle is reportedly undertaking its largest-ever layoffs. A report on Blind alleges the company exploits loopholes. Internal systems show hybrid workers reclassified as remote. This reclassification aims to avoid the WARN Act's 60-day notice. The post described this action as 'morally bankrupt'.

https://inshorts.com/en/amp_news/oracle-exploiting-loopholes-to-avoid-staff-benefits-amid-its-largest-layoffs--report-1780299406240

What’s happening? It seems like every day there’s a new LI announcement with someone leaving.

Not that I'm complaining, but just checking.

Mayor Daniel Lurie presented his budget proposal for San Francisco. The plan aims to close a $642 million deficit without widespread layoffs. It eliminates over 400 vacant city positions and slows future hiring. The budget prioritizes funding for public safety and homelessness initiatives. Increased tax revenue and public health funds also contribute to balancing the budget.

https://missionlocal.org/2026/06/sf-mayor-lurie-budget-proposal-2026/

The last RA included one of my older teammates. The guy knew this place inside out as he's been here for a couple of decades. He was not pushy, didn't clamor for raises or bonuses. I don't know if he ever took a sick day. At least I didn't notice. He was also probably our most productive employee. So if IBM is willing to get rid of somebody like that, there's really nothing any of us can do to ensure our safety.

Centra announced layoffs affecting approximately 90 employees. This represents about one percent of its total workforce. The changes are part of a company restructuring effort. Some laid-off individuals may apply for other open positions. Centra aims to reduce redundancies and improve efficiency.

Lynchburg, Virginia

https://www.wsls.com/news/local/2026/06/01/centra-to-lay-off-90-employees-as-part-of-company-restructuring/

Are your managers encouraging or discouraging taking your half day Summer Fridays? With all the layoffs, I have more work than I can handle as it is.

Along with pretty much all of the company's institutional knowledge - both gone with all the key employees who either left or (most often) were forced out.

Centra announced Monday that it would be laying off approximately 90 employees, about one percent of Centra’s total workforce, effective this week as part of the company’s restructuring efforts.

https://www.wsls.com/news/local/2026/06/01/centra-to-lay-off-90-employees-as-part-of-company-restructuring/

Will there be more cuts?

Is this just lazy journalism and somebody reporting March cuts now or are we going to lose ANOTHER 2,500 employees? Does anybody know what's going on?

Or are they going to announce another however many thousands right after, and continue like that ad infinitum?