#layoffs

Posts mentioning hashtag #layoffs

Below are all the posts — topics as well as replies — that mention the hashtag #layoffs.

Mention #layoffs in your post to continue the discussion!

Diabetes, not MDT for long but more layoffs

Informed that Minimed MDT will only be keeping contributing rolls and has started to inform individuals to look at other jobs in Medtronic and Minimed or elsewhere. They have until end of year or sooner.

Project managers, excessive middle managers be aware of your 1:1s coming up.


WARN Act 1988

It would seem obvious that the WARN Act will be dismantled shortly since the bill was introduced by a senator who would be shunned today, and passed by a completely different type of congress than we see today. Not surprisingly Reagan did not sign the bill.
No question today's administration will ensure corporations have as much power to layoff as many workers without so much as a grunt. Removing guardrails meant to protect employees is their goal. Pay attention.


A mistake in the making

It’s frustrating watching upper management toss out people with twenty-plus years of knowledge just to make numbers look good for a quarter. I thought we were past this, but I was wrong. The short-term mindset is going to bite them hard down the road. No one seems to care, though.


“Special Award”

Why the he-l is WF making such a big deal about today being the last day to accept the special award and making sure employees accept it. I don’t understand how all this works, but are employees helping to artificially inflate the company stock? I know few people not accepting it out of spite. I mean, 3 years to collect $2k…the argument is, just give me a $0.33 cent per hour increase for the next 3 years rather than making us wait for the full amount when there is a possibility of getting laid off anyway.


This is bad news

Better tighten those seatbelts folks, because sudden CFO exit is always a red flag for costs and strategy changes. CFO departures always raise questions about future capital plans, which may pressure management to cut costs, restructure teams, or slow projects that affect jobs. In other words, we're sc--wed. This will especially affect those in finance, project controls, or field roles, so make sure you prepare for the worst.


You know it's bad if NASA is laying people off

NASA's Jet Propulsion Laboratory said on Monday it will cut nearly 550 jobs as part of a restructuring, not related to the current U.S. government shutdown.
JPL is NASA's only federally funded research and development center. It designed, built and operated all five of the successful rovers sent so far to the surface of Mars.

https://www.reuters.com/business/world-at-work/nasas-jet-propulsion-unit-lay-off-about-550-workers-2025-10-13/


How IBM self destructed in 9 minute video

For those of us who fondly recall working for the most respected company on the planet in the 70s and 80s I think this sad video speaks for itself. This is the destruction of IBM Endicott campus which was a crown jewel of IBM founder and CEO Thomas J Watson for 42 years. He cared DEEPLY about IBMers and had engineers paint buildings rather than lay them off in hard times. Building after building and campus after campus all being bull dozed like this as perhaps the largest and longest RIF reduction in force has been going on since Gerstner came in 93. Since then there has been some recoveries but every IBMer (most from acquisitions now) put their head on the pillow every night wondering if I am next for the RIF or PIP the new trick performance improvement plan to avoid severance. In these building shards generations of IBMers were the best of the best.

https://www.youtube.com/watch?v=6qOck_46ZYc


Another round?

There’s been a lot of predictions on here about more rounds. Anyone got any real intel? It appeared the layoff impacted certain teams a lot more than others. It would make sense that the teams that were spared last time will be next in the firing line. Before Christmas and bonuses? How did they decide which teams were impacted more than others?


Ford is running out of cash, selling off historic assets, jobs are not safe

From the Freep:
For the first time ever, Ford to sell a car from its private vault to the public
Ford Motor Co. is opening its private vault of vehicles, for the first time ever, to sell a rare supercar to the public at auction.

The plan is to use all of the money raised from the auction of the car to renovate and maintain the other vehicles in Ford's Heritage Fleet as well as prepare its GT collection in England for Le Mans next year. Also, Ford said this may be the first of other cars in the fleet to be offered to the public for purchase, the automaker said on Oct. 13.

https://www.freep.com/story/money/cars/ford/2025/10/13/ford-motor-private-vault-sale-ford-heritage-edition-gt/86672990007/


Look at your states WARN Notice

NJ WARN Notice. If Verizon lays off more than 50 people, they may be listed around 10/23.
But not sure if they have to be listed if they give employees 60 day notice. Nokia USA always gets away from being listed. Not sure how.

https://www.nj.gov/labor/assets/PDFs/WARN/2025_WARN_Notice_Archive.pdf


Debt + Poor Management = Layoffs

The geniuses leading us led to this:

Auditing firm BDO USA has conducted layoffs and suspended non essential travel to cut costs while managing a $1.3 billion ESOP related loan from Apollo Global Management.

Bloomberg reporting cited by Yahoo Finance says the roughly 9 percent interest debt, reduced by 100 basis points after a June 30 refinancing, is pressuring multiple departments including tax, audit, and advisory. BDO declined comment on client matters.

The firm also faces scrutiny from a proposed ESOP class action alleging workers overpaid to join the plan, and reputational fallout from First Brands Group’s bankruptcy after BDO provided a clean audit opinion.

Despite headwinds, a source said the firm remains financially stable and continues to optimize operations. BDO reported $2.89 billion in revenue for the year ended December 31 and in September announced plans to hire more than 1,300 people from HORNE.

BDO USA - Chicago IL

https://finance.yahoo.com/news/bdo-usa-lays-off-employees-100153492.html


We are off topic!

This is about information on the upcoming layoffs and the future of Paramount. Not a place to complain about politics. Now let’s get back to that. Are we still going on the assumption of Halloween week or is there a new date? Are there any new rumors we can discuss?


Annual Fall Layoffs

iHeart has begun its annual fall layoffs amid a broader push for profitability, with speculation of hundreds of cuts nationwide. In Los Angeles, KFI 640 AM let go evening host Morris W. O’Kelly minus Mo’Kelly minus his producer Tawala Sharp, imaging director Clay Roe, and Real 92.3’s overnight host Chuck Dizzle. The moves come as KFI’s ratings have softened and the station adapts after leadership changes and newsroom cuts, though KFI still tied for 14th in the market in September.

CEO Bob Pittman’s 2024 compensation drew criticism in the piece, alongside a noted 46 percent staff reduction over 10 years across the company. Separate from the layoffs, a lawsuit filed by former Alt 98.7 morning co host Renae Ravey alleges age discrimination against show host Jeff Fife minus Woody minus which iHeart and Fife have not commented on.

iHeartMedia - Los Angeles CA -

https://www.ocregister.com/2025/10/13/radio-station-layoffs-add-to-the-chill-in-the-autumn-air/


March 2026 Cuts

Ingersoll Rand Industrial U.S. Inc, known locally as Gardner Denver, filed an Illinois WARN notice indicating around 70 layoffs at its North Euclid Avenue facility in Princeton. The first layoff date in the filing is March 2026. The company manufactures compressors, blowers, and vacuum pumps. Local outlet 103.9 WLPO reports it has requested additional details from the company.

  • Ingersoll Rand Industrial U.S. Inc - Princeton IL >https://www.starvedrock.media/wlpo/princeton-manufacturer-issues-layoff-notice/article_3408ceab-c3f7-405b-9c95-1aa38753d93f.html

Layoffs at Buckeye Ranch - Columbus OH

Buckeye Ranch plans to lay off 66 employees by December 1 after Franklin County Children Services chose not to renew its contract with the Permanent Family Solutions Network, which ends December 31. FCCS described the move as a strategic shift to serve families directly, not a reflection on Buckeye Ranch’s work quality. The organization is pursuing internal transfers and some staff have applied to FCCS or elsewhere. The layoffs affect only the PFSN program, while all other behavioral health and child welfare programs remain operational.

Buckeye Ranch - Columbus OH -

https://abc6onyourside.com/news/local/60-buckeye-ranch-employees-face-layoffs-after-contract-not-renewed-franklin-county-children-services-ohio-department-of-job-family-services-odjfs-december


More cuts

Porsche - Stuttgart Germany - https://www.forbes.com/sites/joshmax/2025/10/13/is-porsche-sinking-layoffs-tariffs-and-other-issues-abound/

Porsche faces headwinds despite solid U.S. demand, with 57,099 YTD sales up 5.6 percent and record CPO volumes. Global Q3 deliveries fell about 6 percent, led by China down 20 percent and North America down 5 percent, amid tariffs, a cooled China luxury market, and a bumpy EV shift. Porsche plans to cut 1,900 more jobs by 2029 minus largely via attrition and non renewals minus and has delayed key EV rollouts. The brand remains profitable with strong loyalty, but leadership signals a strategic reset.


Illinois Layoffs Oct 2025

  • Air General Inc - Chicago O’Hare Airport IL - 55 layoffs on Nov 8 due to lost contract

  • Brookdale Senior Living, Brookdale Lake View - Chicago IL - facility closing, 117 layoffs on Nov 17

  • Carolina Therapeutic Services dba CTS Health Inc - Chicago IL - temporary layoffs of 33 employees at three facilities announced Sept 26

  • CNC Logistics Inc - Palatine IL and West Chicago IL - plant closures, 57 layoffs in Palatine on Aug 27 reported Sept 23, 53 layoffs in West Chicago on Sept 23 reported Sept 30

  • Mauser Packaging Solutions - Chicago IL - possible plant closure, 168 layoffs on Nov 21, tied to union negotiations and Teamsters Local 705 strike

  • Penske Logistics LLC - Naperville IL - 37 layoffs on Nov 4 after prior contract loss in Missouri context

  • Revelyst Inc - Rantoul IL - 126 layoffs on Nov 3 due to restructuring

  • Rising Pharmaceuticals - Decatur IL - 86 layoffs on Nov 15 due to consolidation across two sites

  • Spirit Airlines Inc - Chicago O’Hare International Airport IL - 64 layoffs on Dec 1 as part of nationwide staffing alignment during Chapter 11 restructuring

  • Capital One Financial - Riverwoods IL - 382 layoffs on Nov 17 and 10 on Dec 19, supplemental to earlier reductions and 2026 cuts, linked to exiting Discover home equity and refinance business

  • Harlem Furniture, formerly The RoomPlace - Lombard IL - plant closing, 35 layoffs on Nov 2, company shifting to direct to consumer and closing remaining stores

  • The Compass Group USA, TouchPoint Support Services - Rockford IL, Freeport IL, Joliet IL, Aurora IL - contract losses leading to planned layoffs: 37 in Rockford and 20 in Freeport reported Sept 12, plus 105 in Joliet and 48 in Aurora reported Sept 19 for November

https://www.pjstar.com/story/news/state/2025/10/13/illinois-businesses-report-waves-of-layoffs-according-to-warn-act/86609807007/


CDC walks back hundreds of firings as US shutdown persists

In the second week of the U.S. government shutdown, the Centers for Disease Control and Prevention notified some 1,300 employees they would be laid off - then rescinded hundreds of those notices within hours, a person familiar with the matter said.

The Trump administration is set to lay off entire offices and hundreds of CDC workers as part of mass job cuts during the federal shutdown, four sources told Reuters on Saturday.

https://www.yahoo.com/news/articles/cdc-walks-back-hundreds-firings-140047883.html


Mercury International layoffs Oct. 2025

The so-called International Leadership Team will be firing 2/3 of the Geneva employees (about 40 peoples) over the next months, including all the Engineering team, as a restructuring of the EMEA activities. Ongoing and Future Engineering activities should be moved the Spain site and most likely heavily subcontracted.