#layoffs

Terms in platinum in Texas and maybe org wide including all mid markets. Announcement this week and term by the 1st

A lot of rumblings here at the corporate office in Dallas of some mass layoffs hitting San Antonio. Hearing that there is a huge move to a new building out there and AT&T is way over budget. I have no clue what positions are even in San Antonio so be prepared to follow the work if you’re a unionized employee or have your resume updated if you take the surplus package. If it’s for managers which unfortunately get little to no benefits then I would create a Texas Workforce Commission account right now to get ahead of the unemployment benefits that Texas at least has to offer. Mass layoffs are coming June 16th and San Antonio isn’t the only one I’m hearing about but is the one that’s getting talked about the most. Good luck my fellow comrades and fight on!

Not to add fuel to the fire on here - but while most people worry about if they will have a job, some higher-ups were listed on this page.

Business as usual for them. Guessing they didn't use AI for the transactions to delight the executives?

https://www.stocktitan.net/sec-filings/VZ/

https://www.youtube.com/watch?v=Ehlx1LuOleg&list=PLuneDCBwLKdnIl9DmQs-Q-FwaK2W8FVh8

They shut down second shift. No one is talking. Can’t see this circus lasting much longer.

Hard to keep calliing yourself a “leading company” when the customers are disappearing...

Maybe the next growth market is selling health insurance in all the countries they offshored all this work to. Oh wait now AI is coming for those jobs too? My bad. Maybe Im just not seeing the grand strategy here...

So who exactly buys the AI-generated products and services when the workers who used to have paychecks are gone? Other AI or soemthing else... a closed little circle of bots healing and billing other bots?

Brilliant stuff for real... The rocket scientists may have missed one tiny detail and that is that customers need income before they can become customers.

Noticed several different leaders (mostly Directors) had their title in Outlook/Teams changed to “CW Optum Business Leader-Requisition.”

Does anyone know what this means and if it has anything to do with impending layoffs?

Some MD's have saved their bootlickers by moving them around to other people under Nawani but data team members n Markets and Banking and International has been hit. That's all I know.. Not sure who or how many or what titles

PUBLIC INFO

U.S. Bank Home Mortgage Layoffs in May 2026
Public records and employee reports indicate that U.S. Bank’s mortgage division is undergoing significant workforce reductions in 2026, with specific activity in May.

Official WARN notice
On May 20, 2026, U.S. Bank Maryland filed a WARN Act mass layoff notice affecting 36 employees. The notice states the layoffs will take place from July 24, 2026, with no start date listed in the public filing data.usatoday.com. WARN notices are required for employers with 100+ employees when a plant closing or mass layoff affects 50+ workers, and they must give at least 60 days’ advance notice.

High performer with excellent performance assessments, but I can't do it anymore. Staff cuts have us at bare bones. We do not have the staff to do even an average job anymore, forget about excelling. All we do it jump from one fire to another, a little here and a little there, trying to satisfy everyone and actually not accomplishing anything. Client satisfaction is not even on the radar. Job satisfaction is non-existent. I'm done.

50% of new hires are from that country, American new grads cannot find a job, fk.

I know it feels like all jobs are like this sometimes, but they are not. There are so many better places out there than the toxic dump that Nielsen has become, and you deserve to find one. Don't let this place convince you that this is as good as it gets.

But the financial picture leaders painted just two months later was far less rosy. The university is facing its second multimillion-dollar deficit in two years and layoffs are the only way out, President Aminta Breaux said. Expenses are rising, and the pool of prospective students is shrinking. Bowie State saw the largest single-year drop in enrollment in the University System of Maryland last year, losing 6% of its roughly 6,000 students.

https://www.thebanner.com/education/higher-education/bowie-state-university-layoffs-HKIF23KBNFFIBIMWQOQ2JMIJMA/

Have people already been notified?

This seems to be a recurring theme with TR and it’s not a good look… This seems to be especially prevalent among Thomson Reuters employees in Minnesota.

https://www.reddit.com/r/minnesota/s/LMkqKVMUf6

Trying to find any positivity at work has become more draining than the work itself, so I have stopped trying. Now I just cross off another day on the calendar each evening and remind myself how much closer I am to retirement. The people who make decisions here have made it clear that they do not value the people who have been here the longest, and I am done pretending otherwise.

He’s exactly the kind of person others have described. He posts our personal information on on Gemini, exaggerates his knowledge of tech and telecom, and then dismisses or talks down to people who actually know what they’re doing. He’s a sc-mmy person, and unfortunately more managers like him keep getting hired. If layoffs happen, people in positions like his should be first on the list. The CSSC needs a drastic change.

I know this is a franchiser, but I think it's only a matter of time before we start feeling the heat as well. I'm already noticing a drop in foot traffic at my location. It's nothing drastic, but if the economy continues its downward spiral and tariffs continue to beat us up, we might be looking at layoffs as well.

Not the usual "every other Tuesday" thing, but anything more substantial all of us should worry about?

I'd expect more people running for the door considering the current situation at SAS, but the fact is that the only reason turnover is low right now is that the job market is a disaster. People are not staying because they love it here. They are staying because they have nowhere else to go.

https://www.nj.com/business/2026/05/250-nj-jobs-at-risk-as-pharma-company-announces-more-layoffs.html

We've been through so many layoffs in the last few years that I can't even feel stressed or worried anymore ahead of the next round. I'm just numb. I honestly can't tell if that's a good or a bad thing.

Do we have any idea how many are still left to be laid off?

Not for good, of course, but is there any chance we'll go back to having one major round a year and being done with it?

Now comes the time where I’m challenged to “prove it in 30 different ways, name names and how you know with details all the while not revealing who you are”.

Believe me or not, don’t care either way.

CVS Health, the corporate operator of Hartford-based Aetna, notified state and city officials that 313 employees assigned to Aetna’s Hartford office would be laid off between April 3 and July 31. A total of 17 of the affected employees live in Connecticut and work remotely. The company cited operational changes in CVS Health Aetna’s Small Group business segment.

Parkhurst Dining will permanently close its Kenosha campus operations. This closure follows the termination of its contract with Carthage College. The company will lay off 160 workers. Operations are set to cease by July 3. All affected employees have received permanent separation notices.

Kenosha, WI

https://patch.com/wisconsin/across-wi/160-workers-lose-jobs-after-dining-company-loses-carthage-college-contract

Washington State University will cut its budget by almost $12 million. The largest portion, over $8 million, targets campuses. WSU Everett faces a 10% cut, and WSU Vancouver a 15% cut. Position reductions are expected at affected campuses. Academic colleges and the Graduate School also received budget reductions.

Washington

https://dailyevergreen.com/197165/news/admin/wsu-to-trim-nearly-12-million-from-university-budget-warns-of-layoffs-at-satellite-campuses/

Novartis Pharmaceuticals plans to cut 76 jobs at its East Hanover headquarters. These reductions are effective starting August 21. This brings the total job losses for the company this year to 250. The global dr-gmaker announced 114 cuts in March and 60 in April. Despite these cuts, Novartis plans a $23 billion U.S. infrastructure investment.

East Hanover, New Jersey

https://www.nj.com/business/2026/05/250-nj-jobs-at-risk-as-pharma-company-announces-more-layoffs.html

Electrolux Consumer Products Inc. faces a WARN Act investigation. This concerns a potential mass layoff at its Anderson, South Carolina facility. On May 15, 2026, 1,139 employees were laid off. The federal WARN Act mandates 60 days' notice for such events. The investigation seeks to determine if Electrolux provided proper notice.

Anderson, South Carolina

https://straussborrelli.com/2026/05/22/electrolux-warn-act-investigation/

Oregon's K-12 schools are experiencing an educational crisis. Districts statewide face declining enrollment, budget deficits, and reduced federal funding. This situation is leading to widespread budget cuts and faculty layoffs. Portland Public Schools plans a $50 million budget reduction impacting 288 faculty members. Gresham-Barlow and Reynolds School District also announced significant staff reductions. These cuts affect various programs, including instructional coaches, tutoring, and arts pathways.

Portland, Oregon

https://psuvanguard.com/oregon-k-12-schools-face-education-funding-cuts/

Cooper-Standard Automotive Inc. plans to close its Bowling Green, Ohio plant. The facility closure is scheduled by the end of 2027. This plant manufactures sealing systems and components. These products are supplied to the automotive industry. This marks the company's second Ohio plant closure in six months.

Bowling Green, Ohio

https://www.rubbernews.com/company-moves/rn-cooper-standard-automotive-ohio-plant-closure/

I must be brain dead for even considering coming back and working at citi after layoffs. Citi has the highest offer and has better exit package. I have another offer with lower compensation. They go through a fair share of layoffs but nothing beats citi.

New reality is layoffs are everywhere. Do I work for citi with higher pay and exit package or go lower pay and minimal exit package? What would a sane person do? Work will su-k anywhere and probably citi has the highest toxicity.

And it's simple. I think they just need to free up budget to pay the three new ex-Microsoft ProdOps executives they just brought in.

It's significantly after June

Cisco is a pump and dump for Chuck and the board. Cisco doesn't innovate anymore, it just buys other companies, slaps the Cisco logo on it, and calls it macaroni. The ONLY way Cisco can boost the stock price is by (A) laying off employees or (B) Buying something. But it's short term ..the stock goes up for a bit , levels off and comes back down. If you have or get RSU, (more like IOU) it's a carrot on a stick. When they lay you off you lose any unvested stock. Start looking for jobs but if your in good financial shape, hold on as long as possible until your RSUs vest. The layoffs will pick up the pace, export more within 6 months. DON'T VOLUNTEER ANY AUTOMATION IDEAS! Your sc--wing your co-workers over. Make yourself as indispensable as possible by taking on as much work as possible (especially if your customer billable). If you work in Collab/WebEx ..time to change technology path...learn SDWAN or Security.

Why aren’t tech workers in countries with weak labor protections organizing unions? The Samsung chip employees’ strike and subsequent payout amid record profits shows it works. TSMC workers may be next. So what’s actually stopping unionization in tech? At places like NetApp, it feels like a race to the bottom.