#layoffs

Anyone have any idea what MW and the Legend of Doom are cooking up next? Benefits are what they will come for next so what are they coming for? Anyone have any insider knowledge? When will the monster retire?

Are there more layoffs planned for EviCore before the strategic alternatives happen?

Anyone could share reasonable requests that could ask to amend/appeal the terms of the severance? Much thanks.

I found Robin Vince’s LinkedIn post last week… fascinating. He calls it a “full circle moment” with his Goldman buddy Lloyd Blankfein, yet it plays like another round of leadership cosplay. It might even be touching if BNY employees weren’t here describing a workplace stitched together with fear, offshoring, and corporate theater. Nothing says “excellence” like inviting a billionaire mentor to discuss humility lessons learned at Goldman while thousands of his BNY employees beg for clarity, stability, or even basic honesty.

Vince praises Blankfein’s lessons on uncertainty and values — meanwhile BNY’s workforce is drowning in ambiguity, morale is on life support, and “risk taking” mostly means gambling with people’s futures.

He talks about embedding values “every day,” yet avoids the very public concerns about layoffs, offshoring, collapsing trust, and a workforce treated like expendable inventory in a never-ending transformation cycle.

The real full circle moment won’t be a photo op with a retired Goldman titan. It’ll be when Vince realizes that inspirational quotes and curated leadership moments don’t fix morale, don’t slow attrition, and don’t rebuild credibility.

Fran faking her compassion and reading her statements tell you all you need to know about how much this C-Suite cares. Her and Mark sit in their posh million dollar homes and talk about cutting travel while they travel the world. The hypocrisy of this group is amazing as they continue to guard their stock price and protect their multi-million dollar payouts.

Best news of the year .. people officer is leaving not sure what her purpose was at bd other than fly and travel all over the world posing for pics and cutting ribbons and handing out lame awards must be nice. This woman was a nobody in Sumter plant somehow made her way up the ranks .. appease Tom and ur gold .. her replacement is another useless waste of space .. talent at BD is non existent and where it exists it’s not valued it’s eliminated to be outsourced or to bring in their buddies .. yup I said it and it’s the reality ..

CEO’s don’t give a shard about you or your family if they terminate you to make them more money for their pockets.

Best of luck 🤞 to everyone.

With all the changes coming to agency, operations you better get ready for more craziness. They cut agents pay, retirement bonuses, and SF stopped contributing towards their healthcare. If they will do that to agent's, you better believe that Total Rewards in 2027 will be very different. Agents are getting to see the true nature of this sh-t hole company. They will continue the churn and burn and pump and dump business model in claims. The 2040 McBurger workforce will continue to be a disaster and they will continue the accountability scam, meaning rules for the and not for me! Execs gotta get those bonuses! The day SF shuts down is the day the world becomes a better place. The Lemmings and corporate boot lickers are in corporate he-l heaven!

VZI completely collapsed, So many people's layedoff. Mostly band 7,8 . Management role are much secure and encrypted like any other role. While at the same time T mobile & ATT have expanded there operation with a lot of hiring.

Seems VZI going to be shutting down soon. As two Indian leader been shaked ( Shankar and Sampath.)

I think we can all agree with the current sentiment around growth.And the way sites have been closing the last five years, Tucson is next. They do not care about employees in arizona. We have taken a back burner since Brad left. If you look at the 10-k reports, we can see this. The only thing I can't find in.It is an exact lease renewal date, if anybody knows.

Heard through the grapevine that five more data centers will be closed. Anyone know more about the locations that will be affected?

Citibank recently disclosed over 300 layoffs at its Manhattan headquarters, part of broader ongoing job cuts at Citi.

In early 2024, Citi announced plans to cut 20,000 employees through 2026. Earlier this year, a Citi executive noted that the financial services giant is making headway on the goal.

The New York Department of Labor on Monday posted details on company filings showing over 550 permanent layoffs at Citibank's Manhattan corporate offices this year. Nearly 250 had been disclosed in a previously posted February filing, while over 300 were disclosed to regulators in April and posted to the website this week, according to Citi.

Dates for all the layoffs disclosed in the Worker Adjustment and Retraining Notification, or WARN, notices, range from April 14 to July 30, according to Citi.

"As we said previously, we will continue to reduce our headcount globally in 2026," a spokesperson told ThinkAdvisor by email Wednesday. "These changes reflect adjustments we're making to ensure our staffing levels, locations and expertise align with current business needs; efficiencies we have gained through technology; and progress against our transformation work, which is nearing Citi's target state. We are grateful for the contributions these colleagues have made to Citi."

United Way of Southwest Florida laid off ten employees. This action followed a significant fundraising shortfall. The organization is $1.6 million short of its $11.5 million goal. These layoffs occurred at its Lee, Hendry, and Glades office. United Way has maintained its 92 partnerships with other nonprofits.

Fort Myers, FL

https://www.gulfcoastnewsnow.com/article/layoffs-united-way-southwest-florida-fundraising/71366277

The Lee County School District informed 457 employees their contracts would not be renewed. Of these, 275 affected employees are teachers. The district faces a $46.7 million budget deficit. Another 407 teachers will leave due to attrition next year. Some non-renewed positions may be preserved or reallocated.

https://www.wgcu.org/education/2026-05-20/more-than-half-of-457-layoffs-in-lee-county-schools-will-be-teachers-275-get-notices

Fayette County Public Schools announced major staffing cuts this week. This action terminated 120 district-level support personnel. The cuts address financial reporting errors and budget issues. Eliminated roles included 49 hourly and 71 salaried positions. The district is assisting affected employees with job placement.

https://www.wuky.org/wuky-news/2026-05-20/support-staff-hit-with-sweeping-layoffs-as-fayette-county-school-system-reins-in-spending

Citibank disclosed over 300 layoffs at its Manhattan headquarters. These layoffs are part of broader ongoing job cuts. Citi announced plans in early 2024 to cut 20,000 employees through 2026. The New York Department of Labor posted details this week showing over 550 permanent layoffs this year. Over 300 layoffs were disclosed to regulators in April.

New York, New York

https://www.thinkadvisor.com/2026/05/20/citi-discloses-over-300-new-york-layoffs-part-of-ongoing-job-cuts/

Republic National Distributing Company plans layoffs in Oregon. The company expects to cut 146 positions. This action follows plans to sell its operations. Layoffs are scheduled to begin on June 17. Affected workers are represented by a union.

Portland, Oregon

https://www.koin.com/news/business/146-workers-laid-off-as-oregon-alcohol-distributor-finalizes-sale/

New Careerminds research indicates loyal employees are hit hardest by layoffs. Many long-tenured workers believed their dedication would protect their jobs. Over two-thirds of these employees felt blindsided by their layoff announcement. Most had significantly outdated resumes or inactive professional networks. This experience often leads to financial stress and reduced future employer loyalty.

https://www.cpapracticeadvisor.com/2026/05/20/loyalty-tax-why-loyal-employees-are-being-hit-hardest-by-layoffs/183753/

The Greene County Director of Schools made a statement. The statement concerned recent layoffs. The Director described these layoffs. They were characterized as not abnormal.

https://www.wjhl.com/video/greene-county-director-of-schools-says-layoffs-aren%E2%80%99t-%E2%80%98abnormal%E2%80%99/11812059/

:(

I feel so bad for these people they worked so hard to get to where they were and we’re all very high performing branch managers. Hopefully a lot can find a spot and be retained.

The role just wasn’t deemed to be profitable from an ROI standpoint seems like which isn’t shocking.

The Los Lunas Board of Education approved a $144.57 million budget. This budget covers the upcoming 2026-27 school year. The district managed to avoid any employee layoffs. This occurred despite a decline in student enrollment. Increased state unit value boosted revenue, and salaries will rise 1 percent.

https://www.news-bulletin.com/news/los-lunas-board-of-education-approves-144m-budget-no-layoffs-expected/3046746

Acrisure is laying off 2,250 employees. This reduction represents 11% of its total workforce. The layoffs will begin now and continue in phases into 2027. These changes primarily impact U.S.-based operations. The company cites advances in technology, AI, and digital platforms as reasons.

Grand Rapids, Michigan

https://www.wzzm13.com/article/news/local/source-acrisure-announces-2250-layoffs-totaling-11-of-workforce-citing-technology-al-digital-platforms/69-339a1b30-018e-4c2e-885a-c0a82e7583f7

Intuit exceeded financial estimates for its third quarter. The company announced a significant reduction in its employee count. The CEO said artificial intelligence did not cause the layoffs. The reason was to create a more agile and efficient organization. The company increased its financial outlook for fiscal 2026.

https://www.barrons.com/articles/intuit-earnings-stock-price-layoffs-a96cfca9

Deloitte recently conducted layoffs within its audit division. These reductions affected employees, including senior managers. The layoffs occurred shortly before annual bonuses were scheduled. Affected individuals reported the process felt impersonal. One senior manager received severance and bonus payout.

https://www.goingconcern.com/layoff-watch-26-deloitte-auditors-got-bad-news-this-week/

Upwork will cut 24% of its staff. This decision followed a recent earnings update. Upwork now expects lower full-year revenue. It also faces increasing legal scrutiny. Upwork's share price has sharply declined.

https://simplywall.st/stocks/us/commercial-services/nasdaq-upwk/upwork/news/assessing-upwork-upwk-valuation-after-earnings-cut-guidance

Six former Spirit Airlines employees filed a class-action lawsuit. They allege the company violated the WARN Act by not providing 60-day layoff notice. The lawsuit, filed in New York, represents approximately 17,000 laid-off workers. Plaintiffs seek 60 days of wages, benefits, and other compensation. Spirit Airlines filed for Chapter 11 bankruptcy and also sought to pay retention bonuses.

https://www.thecentersquare.com/national/article_d6b94769-cf73-5e47-998d-4e1016a87e6b.amp.html

Representatives Joe Neguse and Jared Huffman introduced new legislation. The Public Lands Workforce Stability Act aims to prevent mass layoffs. These layoffs affect federal land management agencies. Staffing shortages hinder agencies' ability to respond to environmental threats. The bill seeks to extend a temporary moratorium on job cuts.

https://www.quiverquant.com/news/Press+Release%3A+Reps.+Joe+Neguse+and+Jared+Huffman+Introduce+Public+Lands+Workforce+Stability+Act+to+Prevent+Layoffs

Two New Jersey employers filed notices for significant workforce reductions. Acme Markets plans to cut 115 positions at its Edgewater location. The supermarket announced it is closing on August 15. Barclays PLC will reduce 64 employees at its Whippany facility. These job reductions are effective starting in August and September.

Edgewater, New Jersey

https://www.nj.com/business/2026/05/179-more-nj-jobs-cut-as-supermarket-and-bank-file-layoff-notices.html

Survivors, how many of you are interviewing and applying somewhere else to take advantage of the higher commodity price. My guess is 50% or more of the company is at this point.

A lot of other companies are hiring and I don’t believe the “transformation is complete” narrative.

Any thoughts on this from the audience?

The Portland Trail Blazers laid off over 70 employees. This cut nearly 18% of their workforce. Hall of Famer Tina Thompson was among those affected. She had served as a scout for the team for nearly four years. New owner Tom Dundon initiated these cost-cutting measures.

Portland, Oregon

https://www.oregonlive.com/blazers/2026/05/trail-blazers-layoffs-include-hall-of-famer.html

I've heard some people were cut, does anybody have details on what happened? And most importantly, is it done?

Peninsula College declared a financial emergency. Twelve full-time staff positions will be eliminated. Several educational programs face elimination or suspension. A $1.8 million budget deficit prompted these measures. Furloughs will also impact high-earning staff beginning in July.

https://ptleader.com/articles/local-news/budget-crisis-forces-layoffs-program-cuts-and-furloughs-at-college/

Heard on the grapevine that the sell off to BT is now more likely than the mass dismissal in EMEA. At least for Professional Services teams working on Security products. That should buy people some security for a few years. Regarding exactly which teams, remains to be seen. BT earnings call today 21.05.

Michael Dell “donates” $6.2B gets put on some BS AI government review board by Trump and a call out to buy Dell stock. Stock rise by 14%.

Donny T invests several million into nvidia stock, announces to buy nvidia and Dell. Nvidia doesn’t get tariffed.

Jeff C gets $150M for laying off 60K people in 2 years increasing profit margins. They sc--wed 60K people for their own profit.

Now, the people that are left aren’t making more money, they’re working harder with less people to do more.

Meanwhile there’s nothing there from a product perspective. No products, nothing but corruption and hype.

These are vipers. Sub humans who do nothing but sc--w over people for their own benefit. They are the epitome of what is wrong in America.

BTW. Layoffs in June, July and August by these POS.

Intuit announced plans to lay off 17% of its global workforce. Approximately 3,000 employees are impacted by this decision. The company aims to accelerate AI integration and streamline operations. Intuit is also closing key hubs in Reno, Nevada, and Woodland Hills, California. Impacted workers will receive a severance package including 16 weeks of pay.

https://www.fastcompany.com/91545602/intuit-layoffs-today-stock-down-job-cuts-citing-ai

Meanwhile Verizon keeping its fat intact while removing individual contributors that actually does something.. Bravo 👏🏻

Layoffs today. Wish you all the best!

It seems a lot of people were affected in Australia last week after the Q3 call. This was decided maybe in the weeks before that.

A big round of layoffs last week! A lot of good people who were loyal career employees were axed with zero empathy from leadership. With the abysmal combined ratio this company is running, you can expect more devastation to come! IMO this company is posturing to be sold or fold. Run for the hills, folks!

anyone have information on this?