#layoffs

We heard that Focal is happening in September. Anyone heard anything, or do you think they’ll announce it after another round of layoffs? 😅

Pretty sure that we will hear about the layoff this Friday or next Monday. I'm bracing myself for it.
These multiple waves of layoffs are making me sick.

Are we ready to go back into Venezuela? Would we need to increase hiring and reduce layoffs/PIPs to ramp up activity there? Or we’ll simply lean on more BTC?

Does anyone know what departments are affected in this new layoff development from KOMO News?
https://komonews.com/news/local/t-mobile-closing-stores-in-washington-state-layoff-staff-at-headquarters-office-in-factoria-bellevue-remote-employee-employment-security-department-esd

Fiserv sends U.S. Citizens that worked for very long time, Out the door first.. Very sad.

Oracle has decided to down rank everyone in the reviews, they're pushing aggressive layoffs, demanding free overtime.

At this point what do you have to risk by coordinating a work stoppage? They're going to do layoffs anyway. No point in trying to pretend like they didn't put you on the list.

To HR and management reading this.. You asked for it.

Amadeus is carrying out mass layoffs in Australia, affecting core team members

My number has come up. Funny thing is our team was completely swamped and overworked on a skeleton crew already. Director made sure her friend circle kept their roles which will fall in her face in two years when half the ones they kept retire and the other half are incompetent.

Best of luck everyone. I’m going to reset my nervous system from this place and try to forget these past few years happened.

Anyone else leave the bank and being subject to non-stop spam from [now-outsourced] talent acquisition regarding the exact same U.S. Bank positions? Four outreach efforts, four different outsourced recruiters, one job posting. I suppose it is difficult to fill positions when nobody wants to join the dumpster. Earth to Gunjan, have some dignity in how you run your bank.

FTEs got laid off, contractors stayed on AND many got their contract renewed till 2027/12, right before the layoff! Contractors cost WAY MORE than FTEs, the math just doesn't add up!!!!

Read the HO QA questions and the ELT answers and seems to me like they will now be masking ISPs and layoffs with a term titled Future Ways of Working… I am all for the future and the tech we can invest in but my issue is we are nowhere ready for all that and I feel still years away from what they are wanting to do.

I know there have already been quite a few posts about STCB, but still I wanted to ask again because I genuinely want to understand what the plan is going forward.

For me, the biggest confusion is whether it makes sense to start looking outside and jump to another company earlier than I had planned, or just stay with STCB, take it a little easy, and see how things settle down. With so much uncertainty, even a little clarity on the future would really help.

whose effected? more coming?

People are pretty upset about the new VP from Walmart. Word is he's already having a tough time over there, so everyone is scratching their heads as to why Nike decided to bring him on. It feels like ITC is about to head downhill, and with no other locations to rescue, GT in trouble and shift everything back to PHK.

bh um is no different from all the cr-p going on! Since all the policy changes auth requests have dwindled - very litlte work to do! We point this out all the time and were asking how is all this affecting our job security - told with a smile no no….there is always work to do. Nope!!!!! No one can meet their ridiculous productivity requirements and on every 1:1 PL are told to mark us down for not meeting metrics even though there isnt enough work to do!!!!! Then they start tracking our laptops with pega to make sure were are in the applications but there is no work to do!!!!!! Im so glad i got the heck out of UM!!!!!! A nightmare!!!!!!

And what do we get

My retirement is non-existent from the share price decimation and this company just su-ks to work for now since everyone hates it.

Do you guys think they are done with layoffs?

Surely our new leader was forthcoming with information so vital to our families livelihoods.

Is it just a coincidence that literally 4 weeks after the giant IBM stock implosion caused by AK and his incompetent management that this board is filled with posts of people and entire teams getting put on PIPs, terminated etc ? IBM is beyond desperate to reduce headcount without having to pay out one cent...you can see and smell the desperation. But it's also amazing the number of people who no longer GAF about IBM , do the bare minimum, and say they are just floating along for another 1 or 2 years until they get forced out. IBM should add DGAF to their name.

Just because FIS is a disaster doesn't mean the industry as a whole is.

Explore the companies on this list. Find your niches and apply to these companies.

https://www.forbes.com/lists/fintech50/

Sorry to hear that the Houston accounting has been gutted. It is starting to feel their goal is to eliminate all US positions possible, and have everything in Canada. Who is next?

https://www.financialadvisoriq.com/c/5115064/722894/edward_jones_chief_penny_pennington_dips

According to this article, PP's income took a 3.5% cut and only took home $27.8mil in GP earnings. In fact, the top 6 partners (including FL who's now retired) took home over $130,000,000 in GP comp last year while our pathetic little LPs earned only a fraction of the GP shares.

2025 GP comp from this article:
PP $27.8m
AM $21.3m
KC $21.7m
DC $19m
KJ $21.3m

TOTAL $131.5

• FL retired at the end of 2025

Yet while they roll in the dough, we're faced with layoffs, offshoring, AI and the lowest morale I've ever seen in more than two decades. Shoot... each of these partners will make more money between now and 12/31 than most of us will ever see in our lives, much less be able to accumulate & grow for our own retirement.

It's been said before... you don't hate these trolls enough.

That's going to be VZ's full time employee headcount within 2 years. That's a fact!

They are for evidence. time stamp video evidence. fire with cause when timesheet has 8 hours but video shows 6 on site. All to avoid severance. doomed.

I was informed off record by a manager within Allstate that "big changes" were right around the corner in Underwriting. Basically a large amount of layoffs will be occurring in Underwriting. Anyone else caught wind of this and if so are there any details to share?

Any grumblings about more cuts or people leaving?

Management keep shuffling people around, employees and contractors were let go but it looks like once the Y28 administration comes in, the cycle will start again everyone brought back, teams bloated, and the same loop repeating.

I was looking through my new employee paperwork from when I started at Wells many moons ago, and at that time the company policy was 1 month of severance for every year of service. Sometime in 2017, the policy apparently changed to just 2 weeks per year.

My questions are: Can the company legally change a severance policy like that? Did employees have to sign something acknowledging the change?

I vaguely remember seeing something about this in the OWBPA or on Teamworks before I was laid off. I’m especially wondering whether older, long-tenured employees have any recourse.

Please only weigh in if you actually know the answer or have relevant experience. The snarky remarks are getting old. Thanks!

When is Another Verizon layoff hits in 2026?

What’s your estimate of how likely it is that we’ll have layoffs in November??? I know that nobody is certain, curious to hear what people are thinking.

All the major banks are going to do massive layoffs in September.Many citizens will be impacted. You all must protest!

The CEOs lack morality and they like to eat from the plates of hardworking Americans! and they love to see them go homeless. Some of the CEOs in this country are not even Americans!. They don't give a damn for any of you.

The current government is incapable of protecting citizens. Many jobs will go overseas and many Americans will be replaced by immigrants here in the country. So sad!

Why are so many “leaders” sharing their business lessons here? No Nike leader is listening. Let’s get back to what this forum is actually for. If anyone has real intel on layoffs, reorgs or what’s coming, speak up

Logistics firm Legacy Supply Chain is closing three facilities in Kentucky, resulting in over 120 job losses. The affected sites are located in Louisville and Bowling Green. Layoffs are scheduled for June 6 and are expected to be permanent. The majority of impacted roles are in transportation and yard operations. The company has not provided a reason for the closures.

Louisville, Kentucky

https://www.wdrb.com/news/business/120-jobs-lost-as-legacy-supply-chain-ceases-operations-at-louisville-bowling-green-sites/article_9aa11e4a-8685-478f-98f1-da8c67719b2c.html

T-Mobile is reducing its workforce in Louisville. The company will lay off 74 employees in the spring. This action impacts the local job market. Further details on the specific roles affected were not provided. The layoffs are part of a broader trend in the telecommunications industry.

Louisville, KY

https://www.bizjournals.com/louisville/news/2026/02/10/tmobile-mass-layoffs-warn-notice-louisville-2026.html

Marsden Services LLC is shutting down its Heller Street operations. This decision follows the termination of a significant client contract. The company will begin laying off employees in May. The closure marks a significant operational change for the firm. Further details on the impact are expected.

Louisville, Kentucky

https://www.bizjournals.com/louisville/news/2026/04/29/marsden-services-layoffs.html

Congo Brands, a company based in Louisville, has announced significant workforce reductions. The company will permanently lay off 28 employees. These layoffs are scheduled to take effect in late August. The announcement was made via a WARN notice filed on June 26. This action represents a notable change in the company's operational staffing.

Louisville, Kentucky

https://www.courier-journal.com/story/News/local/louisville/2026/07/01/congo-brands-to-eliminate-28-jobs-at-louisville-headquarters/90773557007/

Nike is planning significant workforce reductions across Tennessee and Mississippi. Nearly 600 employees will be laid off from Nike's Memphis operations. These job cuts are part of a broader effort to streamline the company's distribution centers. The company aims to improve efficiency and support profitable growth. Affected employees will be notified of their status by April 3, 2026.

Memphis, Tennessee

https://www.localmemphis.com/article/news/local/nike-expects-to-layoff-more-than-700-employees-in-tennessee-and-mississippi/522-c7e1188d-7fb6-4616-8e57-f60a678eb74a

Regional One will lay off 103 employees and close its Extended Care Hospital on Madison Avenue. This closure is scheduled to take effect on September 1st. The company has officially notified the state of these impending layoffs. The Extended Care Hospital has provided services for patients recovering from extended illness or injury since 2014. This decision is attributed to challenges within the current healthcare environment and aims to optimize resources.

Memphis, Tennessee

https://wreg.com/news/local/regional-one-to-lay-off-103-from-extended-care-hospital/