#layoffs

Posts mentioning hashtag #layoffs

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How much more pressure can they possibly put on us?

It gets harder every day. They’re milking our fear of losing our jobs for all it's worth. Since the last round of layoffs, the workload has far surpassed what’s left of our capacity. I watch people work themselves into the ground every day, even after we all just witnessed that none of it matters when your number is up.


corporate greed at it’s finest

I’m really regretting my decision not to take the voluntary early retirement because I feel like the inevitable is going to come anyway. I put my heart and soul into this company for over 20 years, and it feels like a punch in the gut that we are so disposable. I hope someone speaks up during tomorrow’s open mic meeting to ask the question that is on everyone’s mind. How do the corporate executives feel good about taking multimillion dollar bonuses and raises every year while the real workers that helped to make Cigna the corporate giant that it is today suffer. They should be ashamed. I have to wonder what would happen if everyone remaining banded together and refused to report to work for just one week, it would cripple them. They are too arrogant and greedy to see that we are the ones that make this company work.


Cigna/evernorth/express scripts whatever it is this week

Why is everyone not posting what area/department they are in? Why would you owe this company any discretion whatsoever? They don’t/have never cared for their employees. I can’t speak for everyone but at my location Every year it’s something new to stress about.. lay offs, VTO, forced retirement, new laws passing or not passing, no overtime for months at a time, can’t use your PTO for months at a time. They never let us get caught up when we are behind. They will use overtime one week then the next be using VTO and sending people home. They’re laying 2,000 of us off but still actively having job interviews and hiring people? I’d say it’s not a loss at all to be laid off from this place. I’d wait, get laid off, take my severance, then get a better job. If they had any brains at all they would get rid of all their people in charge that are making millions bc they clearly don’t know what the he-l they’re doing. My thoughts go out to all those already laid off and future people. I say get out and day as much info to us as possible. You don’t owe this place anything.


2 Firestone plants in Gaston County laying off dozens of workers

The notice stated that permanent layoffs are scheduled to take effect on Friday, March 27, and Tuesday, April 28, at the company’s facilities on Firestone Lane in Kings Mountain and South Dalton Street in Gastonia.

https://www.wbtv.com/2026/01/28/2-firestone-plants-gaston-county-laying-off-dozens-workers/


Saks OFF 5th/Last Call by Neiman Marcus Store Closing List as of Thursday, January 29th, 2026

Links: https://filecache.investorroom.com/mr5ir_saksglobal/1210/Saks_OFF_5TH_and_Last_Call_Store_Footprint.pdf

https://www.prnewswire.com/news-releases/saks-global-sharpens-focus-on-luxury-retail-and-full-price-selling-302674428.html

Link to the video: https://www.youtube.com/watch?v=PkdAhcsd0eA


Pearson Vue is not the same

I was a former employee of 35 years at Pearson Vue. I too was let go on the 12th. I gave all my loyal and dedication to this company for a lot of time. I was mortified when I found out that my job had been eliminated due to it being outsourced to India. This will fail as everything else will fail because everybody is just a $to them. This is not the company that I show loyalty to for all the years so I’m OK with leaving as I did knowing that I put my best effort forward. They let a lot of good people that dedicated all their time to helping Pearson be what it is today. So sad. They were so sneaky about how they did the layoffs. Some people still don’t know the total number of employees who were let go. Most of the people who I am aware of were here 15 plus years.


Amityville Ny closing EW building

One of the NY amityville locations has been told
the building will close the EW section affects about 75 employees ,
Employees have been told April 9th is there last day.
Harris lawyers are mo--ns they forgot to tell the customer
they sold the repair and production contract lol. Air Force said humm don’t think so you need
Our permission Mr k lawyers said we are smarter than the government.
The group was sold and closed 3rd week of December.


Recent Layoffs attributed to losing a large contract

The irony - People who were responsible to lose the contract are rewarded with continuing employment and perhaps bonus while all people not even remotely connected are fired.

CEO and their cronies - "I take full responsibility and willing to sacrifice 2500 wonderful and talented colleagues for my stupid mistakes"


Question to our CEO

I reviewed some quarterly meetings with the ELT and one important question was asked to the CEO.

You have mentioned we have the people to win and emphasize we are a people-first culture.
So, why is cutting people first a yearly action plan for long-term growth and profitability?
After five years of people first cuts, might it be time to rethink this strategy. How about people-second?

Does anyone know if this person was made an example of?


The hidden costs of layoffs

It should be no surprise that layoffs ultimately cost a company more in the long run, but here's an interesting interview nonetheless. It's worth a listen, but the TLDR is that short term gains are obvious, but longer term, it usually results in underperformance relative to companies who don't do that.

https://hbr.org/podcast/2023/12/the-hidden-costs-of-layoffs

Now, that's just layoffs, so imagine what happens when you aren't just laying off, but also using dubious tactics to stack rank, fabricate performance reviews, and look for ways to fire people for cause as a way to avoid severance costs?

This is why I am not long in WFC and I watch it every month or so for opportunities to short.


MercyOne layoffs

“After careful and thoughtful analysis, certain non-patient-facing-revenue cycle functions will be transitioned to a partner. As a result, positions within the revenue cycle department will be reduced by 10.5% across Trinity Health’s national footprint."

https://www.kcrg.com/2026/01/29/more-mercyone-layoffs-announced-iowa/