#layoffs

You hire a dud as CEO. Sooner the Board admits this the sooner they can move on with actually hiring someone that can run this company. In the meantime, enjoy watching your company bleed value daily causing more and more necessary layoffs. Id--ts.

Mike Mayo asked BM on the earnings call about succession planning… ie when are you going to hit the road?

With the stock down sharply, the AML fine, and the widening HTM losses, seems like this is more than enough for the Board to push him out.

A federal ban on most hemp-derived THC products is set to take effect soon, creating significant economic uncertainty for manufacturers and investors. Minnesota-based liq-or stores, however, plan to continue selling these items under state law. This impending change is already impacting the state's substantial hemp industry, with reduced orders and some businesses stepping back. Retailers may need to adjust payment methods if federal legality is not established. The future of THC products remains in flux as the deadline approaches.

Minneapolis, Minnesota

https://www.fox9.com/news/hemp-thc-deadline-hits-200-million-industry-leads-layoffs-liq-or-stores-may-maintain.amp

Lululemon has reduced its fabric development team by seven positions. This reorganization occurred in August as the company shifts capabilities closer to international vendors. The move aims to improve supply chain execution and prevent product flaws. These changes follow recent customer complaints about sheer leggings. The company is now hiring for similar roles in Taiwan and Vietnam.

Vancouver, British Columbia

https://sgbonline.com/exec-lululemon-fabric-team-undergoes-layoffs-following-product-quality-complaints/

Miami-Dade school officials are preparing for potential layoffs as a charter school network prepares to co-locate within five district high schools. The school board approved an agreement that allows the district to preemptively lay off up to 133 employees. This measure is estimated to cost the district up to $7.9 million for the upcoming school year. The co-location is mandated by Florida's expanded "Schools of Hope" law. Success Academy, the charter operator, claims the agreement will have no financial impact on the district.

Miami, Florida

https://www.miamiherald.com/news/local/education/article317622427.html

The Hollister Police Officers Association claims all civilian staff face layoffs, which they state will disrupt essential police services. They argue that police officers cannot maintain operations without civilian support. However, the City of Hollister disputes this, calling the claim of eliminating all civilian positions false. The city states that workforce reductions affect multiple departments and that leadership and animal control staff are not impacted. The city attributes these actions to ongoing financial difficulties.

Hollister, California

https://www.ksbw.com/article/hollister-police-union-all-civilian-staff-layoffs/74134953

University of Wisconsin-Madison's biology departments have merged, leading to staff concerns about job security and the future of botany. Employees expressed worries about increased workloads, lack of support, and potential marginalization of botanical studies. Some former staff cited negative interactions with a department administrator as a reason for departure. The university acknowledges staff desire for greater input and community building. Despite these issues, leadership aims to foster collaboration and maintain academic programs.

Madison, Wisconsin

https://www.dailycardinal.com/article/2026/10/uw-madison-biology-merger-raises-staff-concerns-over-layoffs-botanys-future

Will it be a little or a lot? Nobody knows except they will get sc--wed. Fire Enrique today.

Right? Too much debt, too much reliance on data centers, too much of being used to fulfil the dreams of a nepo-baby, and very little of doing what we're actually good at. This company has seen its best days and is never going back to those times. And I can't emphasize this enough, it's not too big to fail. Which we'll all realize in the coming years.

Does anybody have any details?

Was told told that low level/grade people would be the first people to go in the layoffs

For as long as I've been with Fiserv they have never disclosed they are doing layoffs, even at my team level. I only know about them from hearsay from my boss or rumors from other co-workers or this site. I wonder if that's the case everywhere else here. And do they ever say if the current layoff rounds are over? They never tell me this and they never make commitments about future layoffs. How are you supposed to restore employee morale and confidence without this transparency?

Based on reports in other posts, it sounds like multiple people have seen a deck referencing a significant round of layoffs on 10/15. For those with visibility into the planning or organizational discussions, are there any particular teams or functions that appear to be at greater risk heading into Thursday? Looking to separate credible information from speculation.

Like it never stops, a bit here, a bit there, a bit this week, a bit next week. Then a massive one, and the cycle continues. It kind of feels like this? I find myself spending a ton of time on this website and it surely does not feel like I'll be able to peel off as every week some radical sh-t hits the fan. Not sure.

By now you should have updated your resume, applied for internal positions available, removed personal information from company computer, prepare your family there is a strong possibility you will lose your job to offshore cheaper labor. Have a list of co workers to check on. Keep touch. Tell your story to the department of Labor. Watch for a class action because something sticks like rotten fish.

Has King of Prussia been or will be affected by the layoffs?

Outsourcing of all project managers in Burbank and east coast (ny/ct/fl/nc) including the woodlands. Huge layoff of major departments including all data centers will be all subcontracted. This is all due to voluntary early retirements. Speculating 500-2000 layoffs early 2027

Let's try this again

I heard respected and tenured employees escorted out today. Why do they do that to good people. You poured your heart and soul to this company, gave up most of your life serving those who serve, and then one day, escort you out of the building, in shame.

When I randomly open Linkedin...

All I see is notices from existing CDW coworkers in the States posting about either being let go or new coworkers posting "thanks" for being hired in India (no knock to those in India as that'll help cut costs to boost our stock price)...

But is leadership aware of the optics for existing customers? Might as well move Customer Relations & Support as well as Purchasing and all other backbone to India as well. Might as well go all the way at this point since they started this with AR/AP.

Not saying I want a bulk of US coworkers to be let go but leadership seems confused on sitting on the fence on what to do and to what extent.

Guess those highly paid consultants aren't worth the money if they are scared to fully go all the way with thier outsourcing and overseas worker strategy.

Also I noticed India coworkers are getting nice Apple notebooks when I'm still using my brick of an HP notebook that's seen better days as my fingers bang out sales on those plastic keys. Give me a Panasonic Toughbook 😂

Has anyone seen any actual numbers or anything that looks like legit data collection from this thing? All we have gotten so far is AI slop emails from a couple higher ups claiming participation is up (duh, you pretty much forced us to take it) and everyone is "happy with leadership". Are they just trying to gaslight everyone now with these things? There is absolutely no way in he-l the scores are better than where they were a year ago before layoffs, the fallout of said layoffs, and RTO mandates were in place. The scores last year were in the toilet too.

UVM Health and Dartmouth Health are implementing significant layoffs affecting more than 300 employees. These workforce reductions are a direct consequence of ongoing budget cuts within both healthcare systems. The organizations have not yet provided specific details regarding the roles or departments impacted by these decisions. This news highlights financial pressures currently facing healthcare providers. Further information on the exact nature of the cuts is anticipated.

https://www.mychamplainvalley.com/video/dartmouth-health-uvm-health-announce-layoffs/12172780/

It is unbelievable to me that the company let all the talent go in exchange for a bunch of overseas employees with NO experience and very little English! I would LOVE for them to join some of the client calls with these new resources to hear firsthand what they have done!

A proposed property tax amendment could lead to a significant revenue shortfall for Largo. Officials are now exploring difficult choices to balance the budget. Potential cuts include layoffs and the closure of public parks. The city anticipates a $15 million loss if the amendment passes. This situation highlights the financial pressures facing local governments.

Largo, Florida

https://www.bizjournals.com/tampabay/news/2026/10/14/largo-maps-drastic-cuts-layoffs-amid-amendment-3.html

State Representative John Roth has introduced a new bill to safeguard unemployment benefits for seasonal workers. House Bill 6420 aims to amend Michigan law to include weather as a valid reason for waiving job-search requirements during temporary layoffs. This legislation acknowledges the unique challenges faced by weather-dependent industries and their employees. Business owners have expressed support for retaining their seasonal workforce. The bill has been sent to the House Committee on Economic Competitiveness for review.

Michigan

https://gophouse.org/posts/rep-roth-introduces-plan-to-protect-seasonal-workers-during-temporary-layoffs

Universal Music Group is implementing widespread layoffs across its U.S. and U.K. operations, impacting numerous employees and several senior executives. These cuts follow earlier reductions in the company's Canadian division and the departure of a long-standing executive. High-ranking officials from Def Jam Records, Interscope Records, and Republic Records are among those leaving their positions. The company cites industry transitions and consolidation costs as factors contributing to these difficult decisions. These layoffs are part of a broader trend of staff reductions occurring across major music companies.

New York, New York

https://variety.com/2026/music/news/universal-music-group-layoffs-top-execs-out-1236911991/

The streaming giant is implementing significant job cuts, eliminating approximately 1,000 positions globally. This represents about 6% of its total workforce and is the largest layoff round since 2022. These reductions are occurring as the company faces challenges with decelerating growth and customer engagement. The affected departments primarily include product, tech, legal, and human resources. Co-CEOs Greg Peters and Ted Sarandos communicated these changes to employees.

https://www.wsj.com/business/media/netflix-eliminates-about-6-of-staff-in-biggest-cuts-since-2022-0a2d8ec3

Some of the employees laid off in the last round were the ones everyone turned to when things needed to get done. How does a team lose its strongest contributors and call that a sensible decision?

Fox Television Stations has initiated a significant round of layoffs impacting various departments. The company cited ongoing economic challenges and a need to streamline operations as reasons for the cuts. This move is expected to affect a substantial portion of its workforce across its owned and operated stations. Employees in news, sales, and administrative roles are among those impacted by the decision. The company has not yet provided specific details on the total number of employees affected.

Los Angeles, California

https://www.fox13seattle.com/video/fmc-ftid5bbfvur54slt.amp

Kansas State University's College of Arts and Sciences is confronting significant financial challenges, including a substantial annual budget shortfall and outstanding loan repayments. These financial pressures are leading to a review of academic programs and potential faculty layoffs. University officials have acknowledged the possibility of departmental mergers and program discontinuations as part of a reorganization plan. While no final decisions have been made, faculty express concern over the speed and implications of the proposed changes. This situation arises amidst broader state funding issues affecting universities, some linked to DEI education requirements.

Manhattan, Kansas

https://www.iolaregister.com/news/state-news/k-state-arts-and-sciences-faces-cuts-layoffs

There are already talks about cutting positions. You might want to cut back on spending money because you could easily be one of the casualties if you do not have an upper-management position.

Companies are increasingly cutting jobs due to AI advancements, but this decision may incur greater long-term expenses than reskilling employees. Replacing laid-off workers involves significant costs such as recruitment, onboarding, and the loss of institutional knowledge. Studies indicate that rehiring can often exceed the savings from layoffs, and remaining employees may experience decreased productivity. While reskilling also has associated costs, it can be a more financially sound strategy in the long run. Therefore, organizations should carefully compare the financial implications of both cutting and training before making workforce decisions.

https://www.aicerts.ai/blogs/train-or-cut-from-hsbc-to-kroger-ai-layoffs-keep-rising-here-is-what-they-really-cost-compared-with-reskilling/

Michigan's unemployment rate stands at 5%, placing it third highest nationally, though this figure is historically low. An economist notes the market is unpredictable due to factors like aging demographics and a decrease in job seekers. Rising interest rates and potential federal policy shifts create headwinds for businesses. Pfizer is laying off 150 employees at its Portage plant due to reduced product demand. Kroger has also announced significant corporate-level job cuts.

Kalamazoo, Michigan

https://wwmt.com/news/local/michigan-unemployment-rate-pfizer-layoffs-economy-ai-covid-tariffs-upjohn-institute-money-community-kalamazoo-county-state

Does anybody know what's going on?

Do we know how many were laid off so far and how many more are left to be laid off?

Hollywood's entertainment industry is increasingly adopting a private equity model. This approach involves acquiring companies, consolidating them, and then slashing costs to extract value. This strategy has led to significant layoffs and debt accumulation, mirroring past failures in other sectors like retail and healthcare. Executives are criticized for enriching themselves while thousands of employees face job losses. The article questions whether these actions are saving Hollywood or dismantling it for profit.

Los Angeles, California

https://theankler.com/how-many-layoffs-does-hollywood-need-to-save-itself/

Anyone who still does not have an exit strategy, or who isn't actively working on a career/skill/job change, is just begging to get their butt booted to the sidewalk without severance!

The bad news continues to roll in wrt Oracle's finances and evidence is building that we are headed for bankruptcy. Praying for a miracle, waiting to take control of your life, hoping that Larry's AI bet will somehow not effect you, avoiding the issue altogether, procrastination for whatever reason - these are all signs that you are headed for the worst case scenario.

Quit playing ostrich and make constructive use of your spare time to GTFO before Oracle's financial reckoning takes you by surprise.

What did you buy your employee shares for? Ugh. Starlink doesn’t need a fiber line…like cell towers. Cell towers might become the next Fixed Wireless Internet ..too expensive to maintain…..who knows what the future holds.. Starlink putting a data center in space doesn’t need fiber lines either does it… yikes... I remember when Windstream sank below $5 a share.. then below $1 a share… and remember all those angry coworkers that invested in stock….almost seems like that was just yesterday.

Welcome to the x Corporate Crypt!
All right, wage slaves, step right up and look alive—because half of you won't be by midnight! We got layoffs, layoffs, layoffs!
Come on in, tech workers! Down here, the severance is zero here at x and the horror is non-stop! We got fresh layoffs, involuntary layoffs, quiet layoffs, loud layoffs! We got ghost layoffs! Discrimination layoffs! Skeleton-crew layoffs!
We got hot-off-the-presses layoffs! We got cold-blooded quarterly cuts! We got HR witches cackling in the hub! We got C Suite vampires draining your pensions!
You want a pink slip? We got 'em carved out of pumpkins! You want an empty cubicle? We got haunted desks, cursed keycards, and phantom severance packages!
If we don't slash your headcount, you don't pay! Come on in, cost-cutters! Find out if you're the survivor or the sacrifice at the x! If you can find a cheaper layoff anywhere else… it will be x!