#layoffs

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Peanut Butter Raises Gaining in Popularity

Forbes:

•   About 44% of employers plan to give uniform, across-the-board pay raises in 2026 instead of merit-based increases, a practice often called peanut butter raises, according to a Payscale report.
•   Average pay increase budgets are holding steady at about 3.5%, but nearly a third of companies plan to reduce raise budgets due to economic uncertainty and cost control concerns.
•   Employers cite criticism of merit-based pay as too subjective and biased, and say flat raises are simpler to administer and can better support low-wage workers facing inflation.
•   Economic conditions are a key driver: slower hiring, ongoing layoffs, and fears of recession have overtaken labor competition as the main factor shaping compensation decisions.
•   While many companies spread limited raises evenly, some still heavily reward top performers, such as Walmart boosting pay for top store managers to strengthen performance and culture.

What to expect after Thermo acquires you?

I'm part of the filtration group that Thermo purchased from Solventum. It's unclear what exactly their plans are for us, but they seem to be moving real slow to spend any capex on the things we need. I think they really underestimated how intertwined we were with both 3M and Solventum. It also seems like we spend significantly more on R&D than Thermo as a whole. Are we all sc--wed? What has thermo's timeline been in the past for cutting people after an acquisition? Thanks.


It’s called an Eisp and it’s not probably happening

For all non union people it’s called an Eisp and I doubt they are gonna offer anything more then they usually do yearly to a few .Our numbers are small our salaries even when claimed to be the so high are minor when compared to the management.Even if it were slow where we only did few jobs a week we paid our salary we have a value .The real question is will they go after the high earning c suite management or is it just all smoke and mirrors


What a sh... show the Q4/FY townhall

No good news anywhere, messages do not bring any clarity nor calm and employees continue to be pushed and punished... Past and current changes and transformations are not working, we continue to move as a low-cost (cheap) company and these are the results we'll maintain (low cost/cheap). I really think this company deserves more than this


Optum Tech Town Hall Out of Touch

Sorry you had to miss that summer Olympics game tickets you had.

Here’s a want. I want leaders who aren't total mo--ns. I want leaders who don't cut their employees 401k match before their over inflated salary. I want a less toxic culture that doesn't promote snake oil salesman over actual innovators. Or are those needs???

I don't know how I could dislike this person more. Maybe if he disparaged his brother or something to a live work audience… oh wait…


It's coming but they know with the current snowball growing already announcing #layoffs would accelerate the problem even more. These are the times were the leaders really work for all that compensation. Don't panic microsofties but spend/save your money wisely.

Dear leadership team

To the esteemed leadership of Chevron,

Let's cut through the corporate bullsh-t for a moment. Your recent memo about "strategic workforce restructuring" is a masterpiece of cowardly doublespeak. You're outsourcing our jobs to India for pennies on the dollar, then you have the gall to force the survivors into a four-day-a-week office commute, all while feeding us the steaming pile of horsesh-t that it's "for collaboration." It's not for collaboration. It's so you can flex your shrinking empire in person while you systematically gut the American workforce that built your fortune. The only thing more pathetic than your transparent greed is the insultingly stupid lie you're using to justify it. You don't care about your people, you don't care about synergy, and you clearly don't have a single functioning brain cell between the entire lot of you. We all know what you're really like when the sun goes down—a gaggle of closeted, si--y lady-boys prancing around in secret, desperate for an outlet because your public-facing personas are as hollow and fake as your promises. So you can take your RTO mandate, your outsourcing plans, and your entire board of directors, and shove them straight up your collective as--s. Go fu-k yourselves.


Extra guards

Extra guards now showing up. Next round is here. Directors and Senior Directors will have options to step down to managers of ICs not even senior managers. Treated like store managers in the retail industry that is all they are good for anyway. Your only hope is to move to a completed team like marketing or care.


Large Tire Manufacturer Closes Barnesville Operations

A large tire manufacturer is ceasing operations. The company's facility in Barnesville will close. Its manufacturing activities are coming to an end. This closure affects a significant tire producer. The Barnesville site will no longer be operational.

https://www.bizjournals.com/atlanta/news/2026/02/02/continental-tire-closes-barnesville-plant.html


Finally Enrique Lores is gone!

Enrique Lores proved to be a deeply flawed leader in my view, prioritizing Latin American executives and DEI-driven hires over proven merit and technical expertise.
The multiple restructurings under his watch stripped the company of critical talent and institutional knowledge, leaving HP severely weakened.
With his departure, it's a genuinely positive day for HP—hopefully it's not too late for the company to recover, rebuild its core strengths, and return to prioritizing performance and innovation


Seven Wisconsin Businesses Reduce Workforce by 366 in January

Seven Wisconsin companies filed layoff notices in January, affecting 366 workers. The state's unemployment rate remained low at 3.1%. Economists observed a general slowdown in hiring activity. Retirements are a major factor contributing to the labor force decline. Manufacturing jobs decreased, but the construction sector saw an increase.

https://www.jsonline.com/story/money/business/2026/02/02/bank-first-united-piston-ring-tekni-plex-and-other-lay-off-workers/88433940007/


CS Disco Inc. announced layoffs impacting 62 employees

Austin-based RapidDeploy raised $34 million in new growth capital. Edison Partners led the investment, bringing total funding to $87 million. RapidDeploy develops mapping software for 911 and emergency agencies. The company has secured 10 statewide contracts and serves 1,500 911 centers. Separately, legal tech firm CS Disco Inc. announced layoffs impacting 62 employees.

https://www.bizjournals.com/austin/inno/newsletter/30371778?skip=720


Here's what memo to employees says

https://www.msn.com/en-in/money/news/walmart-layoffs-america-s-largest-retailer-is-cutting-jobs-here-s-what-memo-to-employees-says/ar-AA1IL733?cvid=2F77B92C08B549708FF203B082C17785&ocid=xmmo&apiversion=v2&noservercache=1&domshim=1&renderwebcomponents=1&wcseo=1&batchservertelemetry=1&noservertelemetry=1


DLH Solutions Announces 209 Job Cuts

DLH Solutions announced significant job reductions. The company is laying off 209 employees. This action follows a government contract transition. It marks the sixth mass workforce reduction in Tennessee this year. This is also the fourth such event in Middle Tennessee.

https://www.bizjournals.com/nashville/news/2026/02/02/dlh-solutions-mass-layoff-government-contract.html

Nashville, Tennessee


Strauss Borrelli Investigates Home Depot Layoffs

Strauss Borrelli Investigates Home Depot Layoffs

Strauss Borrelli PLLC is investigating Home Depot following recent layoffs. Home Depot announced nearly 800 job cuts in Georgia. The law firm is pursuing a potential class-action lawsuit. This action follows a WARN Act notice filed on January 28. The WARN Act requires employers to give 60 days' notice before mass layoffs.

https://www.wsbtv.com/news/local/cobb-county/law-firm-investigating-home-depot-after-800-georgia-layoffs-announced/P2X43JRV5JBSPAI247JQKV6FAA/?outputType=amp

Cobb County, Georgia


Meta Reduces Reality Labs Staff, Prioritizes Wearables Development

https://www.storyboard18.com/brand-marketing/meta-cuts-1500-jobs-as-cfo-susan-li-signals-reality-labs-pivot-towards-wearables-88694.htm

Meta announced 1,500 job cuts, primarily within its Reality Labs division. The company is reassessing its long-term virtual reality and metaverse investments. CFO Susan Li stated Reality Labs spending will now focus more on wearables. This shift includes shutting down VR gaming studios and cancelling content initiatives. Wearables, especially smart glasses, have shown stronger market demand for Meta.


Winnebago Industries Cuts Jobs in Charles City

Winnebago Industries announced new layoffs. These job cuts affect its Charles City plant. Twenty-three employees will be impacted. The layoffs are scheduled for February 20. This information comes from Iowa WARN data.

https://www.kaaltv.com/news/winnebago-industries-announces-layoffs-in-charles-city/

Charles City, Iowa


GAF-Owned Roofing Plant in Minneapolis to Close

Building Materials Manufacturing LLC plans to close its Minneapolis facility. This action will result in approximately 120 employee layoffs. The facility manufactures roofing materials for its parent company, GAF. The permanent shutdown is scheduled to occur by April 4. Hourly union employees have bumping rights at GAF's Maple Grove warehouse.

https://bringmethenews.com/minnesota-business/minneapolis-roofing-facility-to-close-120-layoffs-expected

Minneapolis, Minnesota


MercyOne Expands Iowa Layoffs to Mason City

MercyOne announced additional layoffs in Iowa. Thirty-four employees at MercyOne's Mason City location received notices. These job reductions will take effect on March 17. This represents the third series of MercyOne job cuts recently. Earlier layoffs impacted 40 workers in Ottumwa and 67 in Des Moines.

https://www.kcrg.com/2026/02/02/mercyone-announces-more-layoffs-mason-city/

Cedar Rapids, Iowa


Denver Layoffs Cause Significant Experience Loss!!

The City of Denver laid off nearly 160 employees last summer. These layoffs aimed to address a $250 million budget deficit. The city lost over 1,158 years of combined employee experience. Departments like transportation and planning faced significant experience reductions. City officials anticipate future challenges despite planned efficiency improvements.

https://www.denvergazette.com/2026/02/02/denvers-layoffs-may-cost-more-than-just-employees/

Denver, Colorado


GSK Reduces Global R&D Staff by Up to 350

GSK is trimming its global research and development workforce. Up to 350 employees across the U.S. and U.K. will be affected by these changes. The company stated it is reallocating resources to key priorities and investing in technology. GSK also plans to boost its R&D budget and accelerate dr-g discovery.

The dr-gmaker intends to invest $30 billion in U.S. R&D and supply chain infrastructure over five years.

https://www.fiercebiotech.com/biotech/gsk-plans-lay-350-rd-workers-across-us-uk


Panera, Zipcar, Thermo Fisher Cut Massachusetts Jobs

Three major companies are closing facilities and offices in Massachusetts. Panera, Zipcar, and Thermo Fisher Scientific will lay off approximately 250 workers. Panera is closing its Franklin bakery due to a new operating model. Zipcar is consolidating corporate operations to New Jersey, closing its Boston office. Thermo Fisher Scientific will close its Franklin facility between 2026 and 2027.

https://www.cbsnews.com/boston/news/panera-zipcar-thermo-fisher-massachusetts-closing-layoffs/


Layoffs?

Proposal Submitted to Lawmakers to Halt Education Staff Cuts

A budget proposal was recently introduced. This proposal aims to prevent unexpected layoffs. These layoffs would affect the education sector. Lawmakers received the budget pitch. The goal is to stabilize education employment.

https://www.alaskasnewssource.com/video/2026/02/03/budget-pitch-avoid-sudden-education-layoffs-presented-lawmakers/

Anchorage, AK


So far...

  • Corporate IT and digital teams - Cuts reported across Corp IT, including ETO and AAD, with programs like Gene.AI shut down and entire US teams reduced.
  • CIS and BPG units - CIS reportedly cut 36 roles, impacting whole US teams, while BPG saw scattered layoffs across groups.
  • CTD Quotes team - The Quotes team in CTD was outsourced to Costa Rica, resulting in 14 layoffs.
  • CSD and Europe - Layoffs extended into CSD and European teams, which some employees described as unexpected.
  • Manufacturing site in Massachusetts - Thermo Fisher Scientific is closing its Franklin, MA plant, laying off 80 employees while relocating about 120 to other state facilities.

GAO Finds Education Department Layoffs Costly

The Government Accountability Office (GAO) released a report on Education Department layoffs. The department had reversed plans to lay off nearly 300 Office for Civil Rights (OCR) employees. The GAO estimated these actions cost between $28.5 million and $38 million. The report criticized the department for not documenting potential costs or savings. Education Department officials deemed the GAO's recommendations moot.

https://www.insidehighered.com/news/quick-takes/2026/02/03/ocr-layoffs-estimated-cost-38m-gao-says