#layoffs

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Comcast Faces Layoffs Amid Competition and Spinoff Plans

Comcast is preparing for its third-quarter earnings report amidst significant challenges. The company is planning widespread job cuts across its cable TV, broadband, and wireless divisions. These workforce reductions are part of a larger corporate reorganization. Additionally, Comcast is set to spin off its NBCUniversal cable networks into a separate public entity. Intense competition from SpaceX's Starlink is also contributing to concerns about the company's future.

Philadelphia, Pennsylvania

https://stocktwits.com/news-articles/markets/equity/cmcsa-stock-slips-premarket-ahead-of-earnings-as-comcast-plans-layoffs-amid-spinoff-space-x-competition/cZxw26hRBwj


Italy

As a former IBM employee and now an employee of Kyndryl, I must admit that I feel deeply disappointed by the way the company is being managed in Italy.

While acknowledging the challenges posed by the current economic climate and the separation from IBM, which left Kyndryl operating without its own software and hardware portfolio, I believe that more could have been done to address the company's structural and organizational issues.

The average age of the workforce is very high, yet little seems to be done to address this issue constructively. Instead, the approach appears to be one of separating younger and older employees into two different legal entities, without providing genuine opportunities for professional development or clear career paths in emerging business areas.

The recent announcement of 87 redundancies is particularly concerning. Alternative social security and employment support measures, such as CIGO (ordinary wage supplementation), could have been considered. Rather than applying a scheme limited to one day per month, as was done two years ago, a more substantial arrangement—perhaps one month of reduced working activity every other month—could have provided greater protection for employees.

Despite the company's repeated statements that its people are its most valuable asset, the evidence seems to suggest otherwise.

IBM, although not always acting perfectly, has pursued more effective approaches to workforce restructuring and the management of employment-related issues.

When there is a will, resources and opportunities can still be found. The company convention held in Rhodes, Greece, in September is one example: when something is considered a priority, the necessary means always seem to be available.

This raises a legitimate question: why does the same commitment not appear to be shown when it comes to protecting employees, investing in professional development, and building a sustainable future for Kyndryl Italy?


Essendant Faces Potential Closure Amid Mass Layoffs

Distributor Essendant has warned of possible business cessation as it plans to lay off at least 1,100 employees. The company is actively seeking new capital and exploring asset sales to prevent liquidation. These significant job cuts follow a recent strategic pivot away from office supplies towards JanSan, foodservice, and technology products. Recent WARN notices detail layoffs across multiple distribution centers and its corporate headquarters. The company's future remains uncertain as these efforts to secure funding and avoid closure are ongoing.

https://www.naw.org/mdm/news/essendant-warns-of-possible-shutdown-amid-hundreds-of-layoffs/


What happened with Syncrude?

Can someone please tell what happened when imperial announced layoffs first and then gave the operator ship of syncrude to suncor. what happened with the remaining employees?

which departments and employees got absorbed by suncor?

#wanted to know as same thing is going to happen to Kearl.


Texas Firms Announce Significant Job Cuts

Several Texas companies have recently implemented layoffs, impacting hundreds of workers. Baker Hughes was particularly affected, with nearly 150 employees losing their jobs. Other firms like Showcase and Window and New Tech Global Recruiting also made workforce reductions. These cuts are attributed partly to redundancies following company mergers. Despite these layoffs, Houston's job market shows overall growth.

Houston, Texas

https://ktrh.iheart.com/featured/houston-texas-news/content/2026-10-21-houston-outpaces-the-nations-employment-rate-despite-company-layoffs/


80 people laid off yesterday, plus 500 "moved" to Labcorp

80 people were laid off this week

In addition, 500 roles were moved to Labcorp in a prenatal acquisition, though who knows how many of those Labcorp actually intends to keep.

Net/net, this 580 represents close to 25% of Myriad's total workforce


County Budget Avoids Staff Cuts

Ouray County's draft budget for the upcoming year will not include any layoffs. Five vacant positions will remain unfilled across several departments. The budget also proposes reduced work hours for some departments. However, it avoids broader furloughs or a reduction to a 36-hour workweek. The total budget reflects a decrease in spending from the previous year.

https://www.ouraynews.com/2026/10/21/county-wraps-draft-budget-without-layoffs/

Ouray, Colorado


Automattic Initiates Workforce Reductions

Automattic, the company behind WordPress.com and Tumblr, has commenced layoffs across several departments. These cuts follow a recent period of significant board upheaval and executive departures. The affected teams include communications, social media, WordPress.com, and the VIP enterprise business. Insiders anticipate further reductions in the coming months. The company stated these changes are staggered to provide generous severance packages.

San Francisco, California

https://techcrunch.com/2026/10/21/automattic-begins-layoffs-following-board-upheaval-and-executive-departures/


Mortgage Sector Sees Significant Job Cuts

Hundreds of mortgage professionals have lost their jobs since August as companies adjust to persistent high interest rates. Several lenders are closing brands and exiting origination channels due to economic headwinds and acquisition activity. These recent reductions are the most substantial since the large-scale layoffs in 2022 and 2023. Companies are citing various reasons, including expense reduction and technological efficiencies for these workforce adjustments. The ongoing trend indicates a challenging period for the mortgage industry's employment landscape.

https://www.nationalmortgagenews.com/list/mortgage-industry-layoffs-in-2026-a-tracker


Parks Canada Announces Major Job Impact

Parks Canada is initiating a second phase of workforce adjustment, impacting nearly 3,000 employees. This move is part of a broader strategy to achieve budget reduction targets through organizational transformation. The agency is sending out "affected" letters to notify staff whose positions may no longer be required. This process aims to facilitate voluntary departures and reshape the organization for greater efficiency. The agency has also implemented hiring freezes and approved early retirement requests.

Ottawa, Ontario

https://ottawacitizen.com/public-service/parks-canada-layoffs-workforce-adjustment


Layoffs insight as a member of CC HQ Finance

Hi Comcasters -

First off let me say I’m sorry to all of you who are stressing about your roles. I can say that from being involved in the day to day of the budget planning that is associated with what is happening, things are being done relatively thoughtfully.

To get it out of the way, even though I have been working on this - I am also impacted and will be exiting on 12/31. Basically the work isn’t going to be there for me since the orgs that I have been supporting are going to be significantly reduced.

The cuts are broad, and are being lead by the SLT and a small handful of their directs, some of whom will also be exiting at the end of year.

The company is intending on going in a very different direction - broadband, mobile, video simply will keep the lights on. This means that people who helps keep the lights on, operationally, will be around. Techs who knows how the provisioning systems work. Billing experts who get CSG. Etc….

The people whose jobs were associated to finding revenue, sales, growth from mobile, broadband, video - they will be the ones most impacted.

We might have needed 8 people to run an email campaign for the mobile converged offers or 5 year price lock - and now, we really only need 3 to make it work.

Thats the best that I can share as I’m only close to the what’s happening and not privy to the “what’s next for Comcast” meetings.

Best of luck to those of you impacted. I’ll see you all on the job boards!


Are two CEOs necessary?

First, transformative initiative is a wild a-s way to refer to layoffs.

Second, why aren’t they trimming the fat at the top? Do shareholders really want the value of their holdings being consumed by two executive pay and benefits packages? Losing one of them would probably save more than the entire “transformative initiative” and easily save hundreds of jobs.


Official lay off notification

Calgary employees

Calgary employees are asked to work from home on October 27.
ConocoPhillips have made the decision to conduct workforce notifications for Calgary workers virtually on this date to allow for privacy and to better manage notification logistics.
Please ensure you are available throughout the day to receive any necessary notifications.

Field / Plant Workers
Surmont and Montney notifications will take place on October 27 via phone call.
Please ensure you are available to receive a call on this date.


Chipotle under Scott is a sh-t show.

Stock lost more than half the value. There may be pressure for layoffs. Hopefully not restaurants who’re understaffed.

He ruined Arby’s when he was there and now ruining Chipotle. Investors should focus on Scott’s track record and performance instead of handing keys to destruction of Chipotle from within


Comcast sales layoffs?

Anyone hearing anything about the current Comcast layoffs and whether Sales is being impacted?

Curious specifically about inside sales, sellers, and sales leadership. I’ve been hearing mixed things and am trying to separate fact from rumor. A lot of Sales was impacted by last year’s reorg, so I’m wondering what things are looking like this time around.

Has anyone heard anything credible about which teams or roles might be affected? Would appreciate any insight from those in the know!

— The Cable Whisperer


Comcast Business sales will we be eliminated?

Any word on sales for the buHas anyone heard whether the current Comcast layoffs are affecting Sales? Specifically, inside sales, sellers, or sales leadership?

I’ve been hearing mixed information and am trying to get a clearer picture of what’s happening this time around. I know a lot of Sales was impacted by last year’s reorg, so I’m wondering if anyone has heard anything about which teams or roles may be affected now.

If anyone has firsthand information or has heard anything credible, I’d appreciate any insight. Thanks!


AI Efficiency Re-evaluation Halts Meta Layoffs

Meta has halted its planned second round of layoffs due to AI's failure to meet performance expectations. Initial plans to replace human workers with AI agents have been suspended as the technology has not advanced as rapidly as anticipated. Microsoft also reported no business improvements despite widespread AI adoption. Both companies are now reassessing their AI strategies and expenditures. This shift indicates a broader trend of tech giants recalculating the true efficiency and impact of artificial intelligence.

Menlo Park, California

https://eu.36kr.com/en/p/4034913072747394


11/10 Another "Announcement"

WHO ELSE IS TIRED OF THE AMAZON SURPRISES?

Just a heads-up to everyone at Whole Foods: apparently, there’s ANOTHER BIG announcement coming from Amazon on 11/10. 👀

No details yet, of course. Wouldn’t want to give the people actually doing the work a little transparency ahead of time, right? 🙄

Another round of hiring freezes before the holidays? More labor-hour reductions? More unrealistic productivity expectations? New rules handed down by people who haven’t worked a single shift on the floor? Or are they about to find yet another way to squeeze more out of the same employees while telling us how much they “value” us? Newsflash - they don't.

At this point, it could be literally anything, and that’s the problem. Every time there’s some big corporate announcement, employees are left wondering whether it’s going to make our jobs harder, our schedules worse, or our stores even more understaffed.

Maybe it’ll be something good for once. 😂 Yeah, I know. Wishful thinking.


EA Cuts Impact Skate Studio

Electronic Arts has implemented another round of layoffs, affecting developers at the Full Circle studio. These cuts are part of broader organizational changes within EA. The live-service skating game, Skate, was briefly mentioned in the company's internal communication. Several senior staff members, including a creative director and game designers, have confirmed their departures. This follows previous layoffs at Full Circle in February.

Redwood City, California

https://www.videogameschronicle.com/news/many-staff-gone-from-skate-studio-full-circle-as-part-of-ea-layoffs/


Comcast Restructures: A Read From Inside

Comcast has been moving through successive structural changes for a while now. Cable subscriber losses have been a long-running fact; broadband faces more competition from fiber and fixed wireless; the company has already spun the cable networks into Versant and announced a larger separation of NBCUniversal and Sky targeted for around mid-2027. The remaining business is being shaped around the parts that still generate returns, with pressure to run leaner and cheaper. That direction is straightforward from a strategy standpoint. It does not make the effects on people any smaller. The company is in survival mode. That does not make any particular cut more or less justified than the next one.

The pattern visible so far is roughly this: business or organizational changes get announced, shared and support functions are needed to carry the transition (knowledge transfer, process redesign, temporary capacity, cleanup of systems and ways of working), and then those same support layers get compressed once the new shape is clearer. Division-level consolidations earlier required months of overlapping structure before the shared functions themselves could be resized.

The current round of reductions across HR, talent, learning, recruiting, shared services, compensation, and related areas appears to follow the same logic, and ahead of other announcements that need their support to carry out. A lot, but not all, people were notified earlier this week with most transitions expected through year-end. Under the WARN Act that means roughly 60 days, so the effective date for those already informed is generally December 31.

Calendars are largely cleared except for specific knowledge-transfer items. If you’ve been impacted—take the time for yourself. Strategize around your next decisions.

The company offers a standard minimum severance package across the board. It is technically negotiable, but the criteria are narrow and the bar for improving it is high unless there is clear additional evidence outside the ordinary process.

For what it is, the package is more generous than a lot of companies offer in similar situations. That is also part of how these events stay quieter in the broader press.

Many of the people delivering the conversations are themselves in roles that have been or may still be affected. Business partners and support leads are not exempt from the same reductions. That is worth remembering when the conversations feel uneven.

All of these decisions read as cost line items; the human consequences sit outside the spreadsheet.

None of this changes the underlying business case. Product economics have to improve, not just at Comcast, as legacy revenue streams continue to shrink, and consumer options keep getting cheaper and more self-contained.

Companies will keep concentrating resources where the remaining profit is. For Comcast, spinoff timelines create additional room for further adjustments once the new entities are cleanly separated. Shared functions that are currently carrying the transition work are not automatically protected past the point where the numbers no longer support the old footprint. The same pressure is visible on the NBCUniversal side of the split. Being named to move with a spinoff is not a shield.

A few practical observations for anyone still inside:

The organization is concentrating heavily on headquarters locations. Remaining or newly designed roles are largely expected out of Philadelphia and New York. Virtual or remote arrangements are being viewed more skeptically and appear more likely to surface earlier in notification lists under the current emphasis on in-person work.

Roles are being posted for people already in notified lanes to apply into. In practice this functions as a post-and-reapply process rather than an automatic placement into a leaner version of the prior work.

Some people will self-select out. Others will not see a clear lane presented as an option. Reading the actual job postings, the location requirements, and which teams are still actively hiring versus which are only absorbing knowledge transfer gives a clearer picture than internal messaging alone.

Communications around continuity and opportunity exist in part to limit a mass exodus. That is ordinary corporate practice in these situations. It does not change the underlying numbers, or the direction of the business.

The cuts have not stopped as a one-time event. This wave is larger and more visible, but reductions continue in smaller cycles elsewhere.

Leadership has been direct about the performance of the organization and about the need for these kinds of changes; the board put people in place who would execute them.
Advice that follows from the above: start looking regardless of where you sit, unless you have a confirmed and funded role on the far side of a spinoff—and even then treat that as provisional. Waiting for walking papers is a valid choice. Applying internally is a valid choice. Leaving is a valid choice. Sitting comfortably idle is not. Evolve the work you do, internally or externally. Even if you do, do not be surprised if a later conversation places you in the same process as everyone else.

The point is not that every role disappears tomorrow. It is that people still have a window to decide how they want their next step to read, rather than only reacting once the window closes.

This is costing the company a significant amount of money in severance and transition support. That is by design. It keeps the process orderly and the external noise lower. I cannot emphasize enough—it does not change the direction of the business.


S&S Worldwide Cuts Staff at Headquarters

S&S Worldwide is implementing significant layoffs at its Colchester headquarters. The company plans to eliminate 70 positions by mid-December. This action is attributed to unspecified "business circumstances." The arts and crafts distributor has a long history, founded in 1906. This follows a period of financial restructuring in 2022.

Colchester, Connecticut

https://hartfordbusiness.com/article/ss-worldwide-plans-major-layoffs-at-colchester-headquarters/


eDelivery Incompetence

Oracle’s eDelivery portal is wide open—anyone can just download any on-prem software they want, no customer account required. We’re basically giving the stuff away for free while the company bleeds millions. Management doesn’t lift a finger to fix it. Then they turn around and cut our jobs. Peak incompetence.


This site gives me anxiety!

How do we go from record profits to massive layoffs and mandatory FT RTO?
Seems the cost and usage to heat, light, etc is greater than it was when we had hybrid. Am I wrong? And how did hybrid be so scorned even with blow out profits?
It isn’t computing…what’s the rationale? Really, it seems illogical to me. Not being snippy I really don’t think this makes sense on any level.


PacificSource Cuts More Jobs

PacificSource Health Plans will eliminate 134 positions by the close of 2026. These layoffs will affect workers across multiple Oregon locations. The company previously exited individual health insurance markets nationally. It also ceased sales of certain plans in Montana. These actions indicate ongoing restructuring within the organization.

Eugene, Oregon

https://www.registerguard.com/story/news/healthcare/2026/10/21/more-layoffs-at-pacificsource/92364988007/


Robotics Firm Cites Economy in Staff Reductions

Carbon Robotics has announced layoffs due to broader economic conditions. The company did not disclose the number of employees affected by the cuts. Some former employees reported a lack of transparency from leadership prior to the layoffs. The ag robotics firm is known for its laser weeding technology. Carbon Robotics has 275 employees globally.

Seattle, Washington

https://agfundernews.com/layoffs-at-carbon-robotics-as-firm-realigns-costs-due-to-broader-economic-conditions


Cannondale to Shut Wilton Office

Cycling Sports Group Inc., known for its Cannondale brand, will close its Wilton office. This closure will result in 143 employees losing their jobs. The layoffs will affect various departments, including engineering, sales, and finance. The company, part of Netherlands-based Pon Holdings, has roots in Connecticut dating back over fifty years. The reason for the closure has not been disclosed.

Wilton, Connecticut

https://hartfordbusiness.com/article/bicycle-company-to-close-ct-office-layoffs-to-affect-143-workers/


EBay Reduces Staff Again

EBay is implementing another round of job cuts, impacting approximately 1,000 employees. This decision aims to streamline operations and concentrate resources on key strategic priorities. The company stated it will continue hiring in areas aligned with its strategy. This follows a previous reduction of about 800 employees in February. EBay recently acquired the clothing resale platform Depop.

San Jose, California

https://www.cnbc.com/2026/10/21/ebay-layoffs-workforce-cuts.html


EA Closes BioWare Studio, Cuts Jobs

Electronic Arts is shutting down the BioWare development studio. The company will also lay off approximately 400 employees. This represents about 3% of its total workforce. The layoffs include around 50 positions at BioWare. BioWare is known for its roleplaying game franchises.

Redwood City, California

https://www.bloomberg.com/news/articles/2026-10-21/electronic-arts-to-cut-400-jobs-shut-down-bioware


Cut 1,091 engineers. Promise an AI platform.

Three things from OpenText World.

  1. The people running product and tech have no engineering background.

Shannon Bell is the new Chief Product & Technology Officer. Her resume is product management at Amdocs, IT at Rogers, then CIO at OpenText. No engineering org, no R&D org, ever. The guy before her, Savinay Berry, actually ran product and engineering at Vonage.

Same story with the new hires. Anupam Khazanchi, the new CIO, came from Rogers IT. Lise Lefaive got bumped to SVP from running a PMO. IT delivery people, not software people.

Compare that to anyone else. SAP's CTO has a PhD in computer science. ServiceNow's Chief Product Officer did 24 years of product development at Oracle. Workday's product and tech president started as a developer.

Every engineer, intern, or internal transfer at OpenText has to prove the skills in an interview before they get the job. Apparently that rule stops at the executive floor. Terrible.

  1. They're cutting R&D while promising more AI.

Keynote: agentic AI, a Global Command Center, an AI-first platform. 10-K: R&D spend down 14% in a year ($756M to $648M), last quarter down 20%, EBITDA margin up to 36%.

Two cost programs at the same time. "OpenText Trusts OpenText" wants $1.5B in savings. The Business Optimization Plan is cutting around 2,000 roles, about 1,280 of them this year. Next year's "growth investment" is $100–200M and the only specific line item is sales hiring. Zero number for engineers.

You can't keep cutting the people who build the product and still promise a new platform.

Shannon Bell made her name as CIO by cutting costs with the "OpenText Trusts OpenText" program. That was the right job then. It's the wrong job now. As CPTO her job is to fight for R&D budget, not keep bragging about savings. If she's still on stage talking about $1.5B in cuts instead of what she's spending on engineers, she hasn't made the switch. She's running the product org the way she ran IT: as a cost center.

  1. The future is dimmer than the keynote.

Execs with no engineering background, a shrinking R&D budget, and a growth plan that's basically hiring salespeople. That's not an AI strategy. That's a cost-cutting plan with an AI sticker on it. Until someone senior owns R&D investment with an actual number, the AI targets are just slides.

Last year OpenText cut 1,091 R&D heads and 19 in sales and marketing. The plan isn't finished. More layoffs are coming.

So who's responsible for engineering investment, and how much is it?