#layoffs

Another. New. Low.
https://m.youtube.com/watch?v=WQBc8yxjdSs

I heard more layoffs in Feb. anyone else?

John Deere is recalling 99 employees for Iowa facilities. This decision stems from increased demand. Seventy-five workers will go to Davenport and 24 to Dubuque. All returning staff work in production and assembly. Their start date is set for mid-February.

https://www.kcci.com/article/john-deere-jobs-iowa-99-employees-return-davenport-dubuque/70174692

RTO is the industry standard---Live with it

I was laid off from T-Mobile last week and am looking for a new job. What types of positions are currently open at AT&T?

2,000 (3%) RIF by end of February.

Driven by AI and automation (no mention of HIH which is laughable).

Notifications will go out for the next couple of weeks.

It’s safe to say the cuts won’t end there.

Johnny Was, a boutique, has closed its Country Club Plaza location. The store is no longer listed on the Plaza’s directory. Racks and other items were seen being removed on Wednesday. Corporate headquarters confirmed the closure. This adds to recent Plaza shop closures.

https://fox4kc.com/news/boutique-closes-at-kansas-citys-country-club-plaza/

It was essentially ignored in the earnings call, but it was on the slides. Expectation of captured Lexmark synergies and continuing project Reinvention. Together, each drives layoffs.

One example, a software used by Lexmark is chosen instead of one used by legacy Xerox. Software cost savings are achieved, but the people managing the legacy solution? Bye bye headcount. This applies to Reinvention as well, as we have seen over the last year with layoffs.

General Motors confirmed the end of its third shift at the Oshawa assembly plant. This decision results in the layoff of approximately 700 unionized workers. The plant, located in Oshawa, Ontario, produces the Chevrolet Silverado. The automaker had previously postponed this shift cut due to strong demand. U.S. tariffs on Canadian-built vehicles are cited as a contributing factor.

https://www.auto123.com/en/news/gm-shift-cut-oshawa-700-layoffs/73621/

So many threads out there.. lets just track here..

I have not received any email so far. -EviCore, Business analytics

Q4 only looks “good” if you stop at the headline: revenue jumped +26%, but that’s almost entirely because Xerox bought Lexmark.

Strip that out and the underlying business is still shrinking by 9%. Cash is the real story: free cash flow for 2025 fell to about $130M, down from roughly $470M last year, a MASSIVE drop at the exact moment debt is crushing the company.

The snapshot that truly matters: Xerox has roughly $500M in cash, $4+ billion in debt, and only about $400–450M of equity left.

Goodwill sits around $2+ billion (Goodwill Guy will check this), meaning one big write-down and equity is basically gone on paper.

Interest expense alone is running close to $250M A YEAR. This is why management rolled out the warrant scheme before earnings as an attempt to reduce debt without spending cash and without going to bankruptcy court.

Q4 proved the company is operationally alive but financially boxed in.

The warrants, the timing, the messaging... all of it points to one thing: advanced financial engineering to avoid Chapter 11, not confidence in growth.

This is what survival mode looks like when you still want to stay in control.

Connecticut’s unemployment rate increased to 4.2% in December. This represents a 0.2% rise from the previous month. Payroll jobs also declined by an estimated 500 in December. The state's labor force dropped by 20,000 workers over six months. Republican lawmakers criticized the state's economic growth and affordability.

https://www.courant.com/2026/01/26/connecticuts-unemployment-rate-rises-hundreds-lost-jobs-in-december/

Benchmark Electronics will lay off 65 workers. These layoffs will occur in Phoenix. The electronics manufacturer filed a state notice. This notice details affected positions and cut dates. It also explains the reasons for this decision.

https://www.bizjournals.com/phoenix/news/2026/01/28/benchmark-electronics-layoffs.html

https://investors.xerox.com/news-releases/news-release-details/xerox-releases-fourth-quarter-and-full-year-results-2

FCF of $133 mil for FY 25, and operating margin is 3.5% down 140 BP YOY.

TL;DR: Gross sales are up, but they are running out of money.

U.S. employers face numerous state-specific HR regulation changes in 2026. ADP's SPARK blog details 48 targeted shifts, from AI bias curbs to paid leave. California updates include sick leave amendments and pay data separation. Colorado and Illinois address AI bias, while Delaware and Maine launch paid leave programs. Multistate firms must proactively audit policies and upgrade technology for compliance.

https://www.webpronews.com/2026s-state-hr-patchwork-48-compliance-shifts-employers-cant-ignore/

How many OG’s are left?

I'm convinced (and have some evidence) that a big announcement is coming. I think everyone is expecting CEO announcement but I suspect it's were being SOLD either wholesale or in parts.

Project Mongoose was supposed to wipe out many jobs in 2025 and replace them with AI. And from 2026 onward, we were supposed to have at lease 1-2% in layoffs every year.

So far I have heard that there are no layoffs planned. I have also heard that lists to lay off employees are being created and they'll lay off as soon as they get a green light. I have also heard that Betriebsrat and HR and executives are taking legal action against each others regarding layoffs. I have also heard that they are empowering managers to give a bad performance rating to anyone they want gone and use this new performance management to lay off employees every year.

I also heard that many colleagues in the US were laid off but when I ask my manager, she says it is fake news and I should focus on my work.

What happened to Project Mongoose?

PS: I would prefer non-political answers. Also, please keep your racism to yourself.

Q1 and Q2

As pointed out on glassdoor a couple weeks ago {https://www.glassdoor.com/Reviews/Employee-Review-PNC-Financial-Services-Group-E507-RVW102269233.htm} this whole RTO5 will be very expensive for us. Min $20/day parking. If you can find parking. Need to buy a vehicle? Do you have to hire a babysitter? Daycare? Cancel your evening plans because of traffic. None of this RTO5 makes life any easier for us or the public. And let's be real nobody wants to sit in an overcrowded office and listen to other people scream on teams calls all day. I could go on and on. This RTO5 may as well be called a pay cut. And like clockwork there is high certainty the C-level folks will see some sort of compensation boost before end of year. "Hey thanks for agreeing with my RTO policy and fu--ing over our loyal employees. Our board thought it would be nice to offer you a bucket of PNC shares."

#RallyToOppose
#ResistTheOrder
#ReasonToOrganize

https://x.com/thejobchick/status/2016652462820905324

Let that sink in.

That is correct it’s 16,000 people to be let go.

Maybe all the downvoting and “you’re crazy” commenting people trolling us will listen. This is easily the 8th time this site has accurately reported when layoffs would occur. It’s not to panic people. It’s to help us prepare. Prepare for transitioning, finances, prepare resumes, start looking at job market. While some may already be doing that, many have a wild fear of change and don’t.

Please let this be your wake up call. You need to be plugged in to your network, expanding it, strengthening it. You need to be touching your resume every couple weeks.

Taro/ Sunphatma - layoffs coming down the pipeline… Never have I ever been at a company where there is no leakage. - Just get it over already!

XOC, Construction and Headend are on the cutting block this time being told immediately to go home and they will be paid till March and start applying. I know CMO and supervisors and below are affected. This one so far seems to be a lot more quiet than the removal of divisions.

My boss told me layoffs are coming

Headwinds ahead

Is anyone hearing that more layoffs are on the horizon because of cheap oil hitting the markets?

lululemon let go of 100 part-time workers who helped answer customer questions by phone, email, and chat.

These workers helped people every day, but the company decided it wants to use only full-time workers for this job instead.

Lululemon says this change will help them do a better job helping customers and make the business run more smoothly.

This is happening while the company is also looking for a new boss and dealing with some disagreements with its founder.

no store closures, just changes to how customer help is done.

https://www.theglobeandmail.com/business/article-lululemon-layoffs-customer-care-part-time-work/

https://x.com/edzitron/status/2015968336669245688

TD Cowen had a data center themed analyst letter today that said that Oracle may lay off 20-30,000 people or sell Cerner to keep up with the debt on the data centers it’s building for OpenAI. It also says multiple US banks have pulled back from Oracle data center deals.

Adios Amigos!

Ya'll lapped up the pink Kool-Aid like it was champagne. Ya'll believed Legere when he said TMO would "be job-positive from Day 1" after they gobbled up Sprint. Truth is they started laying off on Day 1.

Mmmm, that pink Kool-Aid seems to be going sour. But, go on to the next all hands meeting and rah rah.

For those who may not be aware, there was a massive layoff at UHC last Friday in which hundreds of leaders were let go. The layoffs affected employees in Customer Service, Service Account Management, Directors, Business Analysts, Quality, and many other departments.

This was a quiet layoff, but it impacted many people who had been with the company for years. It appears to be part of the new CEO’s focus on restoring profitability after the significant losses following BT’s death.

This week, several sessions were held for those who were laid off, and it was heartbreaking to see so many people who were proud of their work starting the year now forced to search for new jobs. Many of them are young professionals and breadwinners for their families. While some are hoping to secure another internal position to remain with the company, the reality is that very few will be able to do so.

We are in an extremely unstable job market, and this decision has been devastating for hundreds of now-former employees. Be prepared for additional layoffs, as many roles are being sent offshore, and the introduction of AI is expected to eliminate even more positions in 2026.

Thought they were getting a rid of these roles like associate coaches with all the layoffs, just to start posting them again?

Huge amt of layoffs happening and will increase throughout the year as AI spending dramatically increases. Estimate is north of 50k jobs this quarter.

https://www.wellandtribune.ca/news/canada/immigration-layoffs-and-processing-times/article_040f8364-e289-5fa6-b97a-5acd49194812.html

The federal Immigration Department is experiencing significant job cuts. These cuts have led to a rise in application backlogs and processing times. Over one year, backlogged applications exceeding service standards increased by 12.7 percent. The Canada Employment and Immigration Union reports increased workloads and employee burnout. The department attributes longer processing times to growing demand for Canada.

Layoffs at tech companies like Amazon and Meta are impacting the Seattle region. 2,303 Amazon employees will have their final day with the company starting Monday. Meta plans to lay off 331 workers in March. Reports suggest another 16,000 Amazon job cuts could affect 2,600 more local workers. Experts describe this as the "scariest time economically" for the region since the Great Recession.

https://www.kiro7.com/news/local/scariest-time-economically-since-great-recession-layoffs-hit-struggling-seattle-region/6MTQN5XH7NC55INEXAXLUOXOC4/

They're cutting skilled workers and veterans, even people in critical roles. Where's the logic in that? This short-term profit boosting through cuts is always incredibly short-sighted.

This might avoid layoffs.