#layoffs

Two of my colleagues were affected few years ago and last year. They both got 2% per year they served in the company. It’s that still a thing or it’s changed because I see a lot of post here in the past regarding severance.

Xerox is not announcing Chapter 11, but it is clearly working hard to avoid it.

The company is handing out free warrants to shareholders and bondholders as a way to quietly re-engineer its balance sheet before things get worse.

This is an out-of-court, shareholder-inclusive, quasi-restructuring tool designed to reduce debt without filing for Chapter 11, while neutralizing lawsuits and buying time.

In other words: advanced financial engineering designed to keep control out of a bankruptcy court.

If the business stabilizes and the stock recovers, those warrants can be used to turn debt into shares, cutting leverage without burning cash.

If the recovery never comes, the warrants expire and nothing happens... except that Xerox might still be standing.

Behind all the financial and investment jargon, don't lose sight of what's really important:

Management is fully aware of how close we are to filing for Chapter 11 and is using the last tricks in the book before being forced to do so.

This move doesn’t mean that bankruptcy is happening tomorrow, but it does mean the current capital structure is extremely fragile and time is a crucial factor.

In short: this is about survival, control, and avoiding the kind of court-driven restructuring in which senior management (yes, the people architecting this measure) lose all influence.

Truist is planning on 22k plus. Just an FYI

It’s finally happening, the first salvo of the monthly layoffs at Amazon.

More layoffs in IT late last week
Hear it was ~100 people
Almost all remote workers gone
still no CTO since Scott Spradley (IT being run by HP / Tyson cronies )
Plenty of Chicken People still around pushing for more of their chicken friends to join

FYI - Floor & Decor (Floor and Decor) had layoffs in Q4 2025

As of late 2025 and early 2026, Floor & Decor has experienced workforce reductions, including reported layoffs of specific roles due to restructuring and a, as described, "fragile" operating environment. Despite ongoing store expansion, the company has faced, as described, declining comparable store sales,, and pressure to manage, as described, high lease liabilities, leading to, as described, cost-cutting measures.
Recent Job Cuts: In December 2025, reports indicated, as described, workforce reductions and, as described, elimination of positions, which has, as described, caused concern among staff.

Company Performance Factors: While generally expanding in recent years, by late 2025, the company showed, as described, softer performance with declining comparable sales. Analysts have suggested, as described, that a reliance on expanding store count, as described, masks, as described, weakening, as described, fundamentals.
Employee Sentiment: Employee reviews, as described, from late 2025 have, as described, reflected, as described, negative sentiment regarding management and company stability.

Previous Cost-Cutting: Historically, during 2020, top executives took, as described, temporary pay cuts, as described, in response to the pandemic, but recent actions appear more, as described, related to, as described, structural, as described, retail pressures.

Let the unfettered McKinsey begin. Get that efficiency ration down now. Layoffs anyone,

Where do I begin? I got hired in September. During my interview, I looked past a comment made after several rounds of interviews with product and cross-functional teams. I remember the Engineering Manager saying, "Hey, we'll give you an opportunity, and if you can't get it done, we'll find someone who can."

I didn't think anything of it at the time. I should have taken that as a red flag, but I wanted the job. I accepted the offer, choosing Floor and Decor over three other offers. It definitely wasn't perfect; honestly, it was a bit of a sh-t show.

As a Product Manager, I asked fundamental questions about documentation, business rules, and features, but they couldn't answer. It was all domain knowledge locked in their heads. They couldn't point me to any documentation, so I always had to ask people for help, which slowed down the process tremendously.

Lo and behold, my immediate manager left for maternity leave after two or three months. I was supposed to report to my VP, but I ended up in limbo. From what I learned, the Engineering Manager was pushing for a product person to get in there. However, I didn't report to Engineering; I reported to Product and the business to deliver on their strategy and goals.

Once I got in, the Engineering Manager—who had only been there eight months and came from Home Depot—was walking by my desk telling me to get things done in 24 hours. He was a total je-k.

I started to see that they were very Type A personalities. The Product team was all women, mostly white, and they didn't seem to like men. They claimed to be DEI (Diversity, Equity, and Inclusion), but that was a lie—a disguise. The place is a nightmare. I feel they are racist. The C-suite and high positions are white, and I didn't see much opportunity there.

I am African-American, but my observation is just that—my observation. I noticed there was no good structure. Because it's retail, it has a "family feeling," but there is a lot of knowledge hoarding. Teams compete against each other, and it's really bad.

Let me back up. About two months in, there was an Oracle project migrating from a legacy ERP system. It touched all 40 of their systems and took up everyone's time. The project is supposed to cut over between February and March, and it has consumed the company for a year.

I came in new and was told to work on projects with specific timelines, including one for drop ship. The stories and mapping by another PM weren't done until December. I was trying to get stuff done in January, and unbeknownst to me, I got in trouble for it. I was let go because the Engineering Manager was upset I wasn't focusing on what he wanted, even though that wasn't the priority.

My VP sent an email to the whole company saying, "Don't work on this without me knowing; we need to slow down and take it through the PM process." Yet, when I did that, it wasn't fast enough. They didn't even have the resources. Even if everything was ready in January 2026, the Oracle project isn't done until March. The CEO said not to work on anything until that's done, but I was punished for not going fast enough.

They used that as an excuse to get rid of me because the Engineering Manager didn't like me. If they don't like you, they will find a reason to fire you. Be very cautious about working at Floor and Decor. Don't drink the Kool-Aid immediately. They will make plans to let you go.

I did the work. I was turning around documents and creating slides. They allowed AI, so I was actually able to move faster. But they have this strange culture where they claim to be DEI, but they aren't. It's on all the TVs in the break room, but it's just a disguise to protect themselves from lawsuits. There are no Black board members, no Indians, no Mexicans, no Asians. It's an all-white "Good Ol' Boys" club.

To go deeper into the story: I agreed to be a POS (Point of Sale) Product Manager. Once I got there, they told me the POS shares data with two other web applications for inventory and orders, so I was the PM for those too. I had three products, three ceremonies, and requirements to build. I got played and set up for failure.

I did the best I could, but there was no documentation or training. They expected me to piece it together in four months with high performance. The expectations didn't match what could be delivered.

When I started pushing back on work to Marty (the Engineering Manager) because I reported to Shannon (the Product Leader), he got upset. I requested a Product Owner to help manage the boards because they didn't have a Scrum Master. Asking a Product Manager to also be the Scrum Master for three products doesn't make sense; you don't have the time. That is why Scrum Master is a dedicated job title.

Just before I was let go yesterday, they pulled an older Black woman from another team to "help" me. It wasn't help; it was a sign they were pushing me out. They put her there to protect themselves with DEI optics because they knew they were firing a Black employee from an all-white team. They brought her in late last week, she asked a few questions, and then they fired me on Tuesday.

I'm not stupid. I'm in my 40s, and I see how they move. I know the games corporate plays, and this was clearly one of them. I was set up for failure with staggering demands and no documentation. It was an absolute termination because I didn't kiss the Engineering Manager's a-s.

Be aware when you go to work at Floor and Decor. It's not what it seems. It's a sla-ghterhouse, and they just had a mass layoff last week. That should help you with your decision. Thank you.

Just curious for those that work here, are you planning to stay and try to ride out the current turmoil? Or actively looking whats out there. Obviously the market is brutal right now that makes switching harder, but I still see a lot of new job posts on LinkedIn, so theres gotta be some companies hiring.

We are looking for a Dealer Remarketing Rep. Check out our job posting at https://location-services.com/careers/

You and your team have effectively minimized my role overnight—reducing my title without reducing my job scope, responsibilities, but a title without clarity.

This change has materially damaged my external career prospects by assigning me a generic, market-irrelevant title that obscures both my seniority and expertise. The removal of visible seniority in title is not a cosmetic issue; it directly impacts credibility, mobility, and future opportunity.

The so-called career compass, intended to provide clarity on roles and responsibilities, delivers neither. Instead, it functions as a mechanism for devaluation stripping definition while simultaneously narrowing both current and future prospects.

I am not alone in this assessment. I have heard from multiple employees who are similarly unhappy and confused by these changes, particularly the disconnect between stated intent and actual impact on employee experience.

"UnitedHealth Group executives today predicted that the number of people with its fully insured commercial health coverage will fall about 16% this year, to less than 6.9 million."

https://www-benefitspro-com.cdn.ampproject.org/c/s/www.benefitspro.com/amp/2026/01/27/unitedhealth-forecasts-loss-of-nearly-1m-employer-plan-enrollees-amid-price-hikes/

When is the next big layoff? They need to match Vrz employees numbers cause T always follow them. I’m expecting like 50% cut.

"Some of you might ask if this is the beginning of a new rhythm – where we announce broad reductions every few months." Yes! Like all tech companies! Riffing, rhythm, what else? Hip hop? Agents?

It has been indicated, here, that upper management is responsible for a lack of growth caused by a lack of vision and innovation. Further, this lack of growth coupled with inflation causes reductions in the workforce (i.e., packages, attrition, and layoffs).

Blaming upper management for this situation is disingenuous. Any person at the company could have innovated on their own and brought about a different outcome. Management facilitated this possibility by providing Innovation Day for creatives to demonstrate their genius. The lack of effect implies little about management and speaks more to the dire lack of contributor capabilities.

It could have been a different world.

So we here in the colonies have lost pretty much our entire schools publishing and content team. The rationale is that global content can be mediated to local curriculum requirements. This is patently untrue. The ANZ market for secondary school material is seriously insular, and anything that is not created by local writers will be looked on as second rate nonsense. They are moving us to the Pearson model, which as anyone who knows our market will attest is doomed to failure.
The best bit of this though is the fact that we only found out about this via a: people who had already been dumped but still had relationships with those canned and b: the actual email that went out was addressed only to the team who were mostly already being canned. There has been no messaging to the rest of the ANZ team despite us working closely with most of those involved over many years.
Gold standard in intercompany comms.

The digital billboard company said in a Tuesday filing that the job cuts are part of a broader effort to redirect resources to teams and positions centered on artificial intelligence. According to the company, those AI-focused roles are key to boosting adoption and putting AI into practice.

https://www.hollywoodreporter.com/business/digital/pinterest-layoffs-ai-1236485995/

After the administration suddenly froze millions in manufacturing support funding last month, Ohio groups entered the new year grappling with layoffs and uncertainty, despite efforts by lawmakers and businesses to restore the funding.

https://freshwatercleveland.com/features/State-Stakeholders-Support-Manufacturing-Groups-Amid-Layoffs-Office-Closures_012826.aspx

Everyone is being told they have to make do with less, and the next 12-18 months are going to be very challenging, rough, bumpy, tenuous. Masked words to likely mean layoffs, possible merit and/or AIP freezes or worse. Does anyone else find it interesting that the new interim CEO and these events all line up? Isn’t he a finance guy? Are we experiencing exactly what they hired him to do?

https://www.livenowfox.com/news/2026-layoffs-list-companies-cutting-jobs-year

Sounds like KM is following Ricoh’s model in major accounts. Look for multiple layer changes. Inside sales will vastly expand. Sled will remain. Global accounts will remain. Production will integrate into a reformed IP. Performers have nothing to be concerned with. Dealers are growing however.

It's going to get worse in 2026 with UHC leading the way. Expect more outsourcing and RIFs

That's $309M cash plus $600M refunds over failed return processing. Also twice as much as the Saks loss... Now Amazon will increase Prime by $10/month and layoff 16000. Brilliant way to pass on the costs!

Is Amazon laying off caretakers and giving discounted soap to Engineers for kitchen cleaning? Or is it the dawn of a Day 2 era? Probably the latter. Layoffs only prove management incompetence - essentially a Bandaid batch for much bigger problems like inflating free cashflow and uncontrolled AI datacenter overspend.

Prime Video lost its bet on The Rings of Power and now it's repeating the failure with Melania just to score a few political favors with Trump. Then it sacked Jen Salke.

Reports say the new movie about Melania Trump has flopped at the box office. The project cost an estimated $75 million in total—between acquisition and global theatrical rollout—but is tracking at roughly $5 million for its opening weekend with many empty theatres.

After record year, ASML is to cut 1,700 jobs, mainly in NL - DutchNews.nl

https://www.dutchnews.nl/2026/01/after-record-year-asml-is-to-cut-1700-jobs-mainly-in-nl/

• ASML plans to cut 1,700 jobs, mainly in the Netherlands.
• This decision follows a record-breaking year for the company in 2025.
• The job cuts aim to streamline technology and IT divisions for better innovation focus.
• The reorganization seeks to restore a "fast-moving culture" to ensure future growth.
• ASML reported €9.6 billion net profit on €31.7 billion turnover in 2025.

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After record year, ASML is to cut 1,700 jobs, mainly in NL - DutchNews.nl

After record year, ASML is to cut 1,700 jobs, mainly in NL

January 28, 2026

Chip machinery maker ASML is planning to cut its workforce by 1,700 jobs in the coming period, despite having its best-ever year in 2025.

The jobs, the company said in an email to staff ahead of the presentation of its 2025 earnings, will mostly go in the Netherlands and involve “streamlining” its technology and IT divisions to improve the focus on innovation and engineering.

The reorganisation, the company said, is necessary to ensure further growth by bringing back “the fast-moving culture which made us so successful”. ASML has a global workforce of 43,520.

The company booked net profit of €9.6 billion in 2025, on turnover of €31.7 billion. ASML expects further sales growth to between €34 billion and €39 billion this year.

Orders totalled €13 billion in the last three months of the year, almost double the same period in 2024. ASML also announced a new share buyback programme of up to €12 billion, to be executed by 31 December 2028.

ASML is one of Europe’s biggest companies and a major player in the Dutch economy.

Based in Veldhoven near Eindhoven, the company has been at the forefront of efforts to persuade the Dutch government not to discourage highly skilled workers from moving to the Netherlands from abroad and plans to develop a second campus in the region in the coming years.

• After record year, ASML is to cut 1,700 jobs, mainly in NL - DutchNews.nl

https://www.dutchnews.nl/2026/01/after-record-year-asml-is-to-cut-1700-jobs-mainly-in-nl/

Only in the company a few months. Chaos everywhere, nothing works as it should, layoffs , Reorg and no CEO. People treated like cr-p and MGMT are the worst I've ever seen

What a dump , I'm lucky that I've enough savings to last 2 years so I'm thinking of walking out

Saw the email about CSBB location strategy. Is the Birmingham Alabama site still closing this year?

Anyone from the APJ region got their meeting invite regarding WFR? Most of the recent WFR's I've heard are all in US or EMEA. Wonder how APJ is doing.

Amazon inadvertently announces cloud unit layoffs in email to employees

https://www.google.com/amp/s/www.cnbc.com/amp/2026/01/27/amazon-inadvertently-sends-email-to-employees-confirming-wednesday-layoffs.html

I keep hearing contractor layoffs in feb. anyone has more info?

Everybody be prepared

Stay tuned

I hearing that there will be at least 8000 -12,000 more layoffs coming.How is this possible who will be left .I m really unsure where Verizon goes from here besides at some point a restructuring

Hearing a lot about a 10-20% reduction tomorrow. Anyone have any details on orgs, roles, etc that may be impacted?

Hoping the best for everyone.

Expedia Group is laying off employees, according to posts online from impacted workers. Program managers and engineers in the Seattle region and other locations are among those affected. The company cut about a fifth of its product team workforce.

https://www.geekwire.com/2026/expedia-group-lays-off-employees-in-latest-cuts-at-seattle-travel-giant/

Which companies are laying off this week or next week.

Good luck to everyone.🥶💰💵💸🤑

Headline: Qualcomm CEO pockets 15% pay rise as profits fall 45%
How else can CA afford to give himself a pay raise?
https://www.theregister.com/2026/01/23/qualcomm_ceo_pay/

We js saw a bunch of people let go, lives done. Now people are escalating for different shifts and crying about the work leftover. Like I get we dont gotta be grateful for keeping jobs and the changes su-k but why fck around? Is that why call centers get slashed and not retail?