#layoffs

TekSynap is planning to lay off 69 employees due to the conclusion of contract work. These layoffs will occur in three phases, starting in October and concluding by the end of December. The affected positions include wireless engineers, project managers, and network specialists. While many employees work remotely, the company's Virginia headquarters is listed as the affected site. TekSynap is exploring alternative assignments for some workers, which could reduce the total number of layoffs.

Reston, VA

https://patch.com/virginia/reston/reston-contractor-plans-69-layoffs-after-wireless-contract-work-ends

Qualtrics has initiated job cuts across its global operations following its recent acquisition of Press Ganey Forsta. The company cited duplication of roles between the two independently built organizations as the reason for the reductions. These layoffs are impacting employees at its dual headquarters in Seattle and Provo, Utah, as well as international offices. While the exact number of affected employees has not been disclosed, a WARN notice indicates at least 50 jobs were cut at the Seattle headquarters. CEO Jason Maynard stated these decisions were necessary to function as a single, unified team.

Seattle, Washington

https://www.geekwire.com/2026/qualtrics-cuts-jobs-in-seattle-utah-and-overseas-as-it-absorbs-6-75b-acquisition/

Corus Entertainment has implemented another round of layoffs, impacting employees at its Toronto radio station News 640, Global National, and Global BC. The company stated these changes are necessary to adapt to evolving business needs and ensure sustainable team structures. These recent cuts follow a previous reduction of 43 employees in mid-July. A company spokesperson assured that no news outlets will be closed as a result of these actions. The media company is currently awaiting regulatory approval for a proposed sale.

https://torontosun.com/news/national/corus-entertainment-layoffs-news-640-toronto-broadcast-staff

I am one of the 400 remote workers who has been ordered to RTO. I'm looking for work and applied for a fully remote contractor position. To my surprise, they told me the client is O'Reilly. They are looking for outside contractors to document the iSeries software for another team to do a complete rewrite. We received assurances that the CIO is leaving the iSeries platform alone, but this discovery clearly contradicts that claim. This CIO is secretly scheming to eliminate the iSeries as soon as possible.

Here is the job description that is posted on LinkedIn:

Capstone IT is helping our client find a RPG Developer who will analyze legacy RPG applications in an IBM iSeries/AS400 environment, document how those systems work, and support planning for a future move to a Java-based architecture. This role is light on daily coding and heavier on discovery, documentation, workflow analysis, DB2 data review, and modernization support.

Top 4 Skills:

RPG III / RPG IV / ILE RPG
IBM iSeries / AS400
DB2
Legacy system analysis and documentation
Responsibilities:

Analyze RPG applications running on IBM iSeries/AS400.
Document application functionality, dependencies, workflows, and business processes.
Review DB2 data structures and data flows.
Support discovery and planning for migration to a Java-based platform.
Assist with limited RPG enhancements, troubleshooting, and production support.
Work with business analysts, architects, stakeholders, and modernization teams.
Qualifications:

Strong RPG development experience, including RPG III, RPG IV, or ILE RPG.
Hands-on IBM iSeries/AS400 experience.
Solid DB2 database knowledge.
Experience documenting legacy applications and business processes.
Ability to explain technical findings clearly.
Nice to have: retail or high-transaction industry experience.
Nice to have: system integration or data migration exposure.

Cornerstone Building Brands Inc. has announced upcoming layoffs affecting 61 employees. The company sent a WARN notification detailing the impending job reductions. These permanent separations are expected to occur around October 19th. The affected positions span various roles, including technicians, operators, associates, and managers. Cornerstone Building Brands specializes in exterior building solutions for residential and commercial markets.

Kansas City, Missouri

https://www.kshb.com/news/local-news/kearney-company-announces-layoffs-61-workers-to-be-let-go

Wells Fargo has announced another round of layoffs, impacting 14 employees at its West Des Moines campus. This latest reduction brings the total number of job cuts for the company this year to over 320. These layoffs are scheduled to take effect in October. The bank has been systematically reducing its workforce since 2019, with significant cuts occurring in the Des Moines metro area. These actions are occurring despite the company reporting strong financial results in its most recent quarter.

West Des Moines, Iowa

https://www.desmoinesregister.com/story/money/business/2026/08/20/wells-fargo-layoffs-des-moines/91389852007/

Hey guys I noticed that there are a lot of complaints about Fidelity on this page. I currently have an offer from Fidelity for the LEAP Software program but I also have an offer from Citi bank and am interviewing for USAA. Im hearing about constant layoffs as well as having to go to the office 5 days a week and there not being enough space for parking or sitting. But it seems like fidelity has the best upward mobility and would be a good place to start my career

Illinois Tech recently laid off 160 faculty and staff members due to a significant budget shortfall. This reduction has raised alarms among former employees and local leaders regarding its impact on community engagement and programming. A popular course partnering with the Bronzeville Trail Task Force has already been eliminated. Concerns also exist about the future of other community initiatives and the university's relationship with the Bronzeville neighborhood. The firings followed the university's declaration of financial exigency.

Chicago, Illinois

https://blockclubchicago.org/2026/08/20/how-will-illinois-tech-layoffs-impact-bronzeville/

Over 100 employees at a PepsiCo Beverages Sales building in Columbia will be laid off. The company filed a WARN report indicating permanent job losses. These workers' last day of employment will be October 18th. The facility previously shifted from production to distribution in 2014. PepsiCo stated they are committed to supporting the affected employees.

Columbia, SC

https://www.wistv.com/2026/08/20/over-100-pepsico-employees-columbia-facing-permanent-layoffs-documents-show/

Starbucks is laying off 224 employees in a final phase of its global restructuring. The affected roles include support positions and workers who declined relocation to Nashville. The company stated this is not a new round of cuts but the conclusion of a previously announced strategy. These changes impact coffeehouse construction and design teams. The move is part of a broader effort to streamline operations and reduce costs.

https://www.king5.com/article/news/local/seattle/starbucks-to-layoff-224-employees-workers-who-declined-nashville-move/281-679c2b25-2db1-4ac1-9754-ac3a9af5c32e

I know there are layoffs happening this Monday 8/24. Does anyone have any intel on the scope?

I am seeing RDA (Reporting,Data and Analytics) emails all around. Are they planning to consolidate all reporting teams under one leadership?

Will there be reorgs or layoffs due to that? Anyone see it coming soon in few weeks or months or later?

Whenever they bring something new, it is mostly brought as cost effective, consolidation and eventually layoffs.

For the last two or three years we’ve had so many RIFs, and I cannot figure out why. I’ve been here for almost 17 years and this is just so unusual. We are walking on eggshells feeling like it could be us any day. There seems to be no rhyme or reason, and we seriously wonder if the company is just falling apart. Does anybody have any insight into why we’re having so many RIFs?

Anyone know what we need from Centene to submit to our kids' college to redo the FASFA? Just before the layoffs I paid my daughter's tuition in full and that was all my savings. Guessing you can't get that back.

The current rumor now puts a EISP offer potentially in October for 4th quarter.But let’s face it the union people costs are already built in the expense for the next 4 years.The company knows by the then most will leave empty handed.So what I hear in New Jersey especially with Multiple fiber builds going along with many different network transformation projects there will not be some across the board massive EISP offered .The head count is not there any longer along .Coupled with the fact the company has the ability to just shuffle people around pretty much to anywhere in the State they need them to work the projects.The 30 mile rule the way it’s laid out would take you border to border in any direction.I have no idea about NY they may be different.Along with more then likely a number of offers to inside type people .So good luck ,but don’t hold your breath or base your future off Rumors of a huge pay day .

Is Tanya McNally also no longer at Centene? I see her showing as "presence unknown"........

I couldn’t be more queasy about that whole boondoggle circus in Vegas — dragging out the new execs like show ponies, trotting them around in some desperate song‑and‑dance routine for clients, flogging “new products” that any serious person would laugh out of the room. Absolutely stomach‑turning watching those mercenaries Mike and Takis hauled in strut about like they’re the future of the company, when half of them will be gone before the dust settles, leaving the wreckage behind like it’s someone else’s problem.

And honestly, the LinkedIn boot‑licking from the SVPs is even worse. Reposting every blurry moment from Forum like it’s some historic global summit, all just to kiss MC backsides and prove their undying loyalty. Pathetic, the lot of them — parroting whatever the latest corporate catchphrase is. “Double‑click on this,” “finish the swing,” all that drivel. It’s like they hop online every Monday to see what the biggest su-k‑ups are saying so they can copy it word for word. Watching from a distance and having a good laugh. Have some self‑respect, for crying out loud.

And you ever notice who these people are? Divorced, middle‑aged blokes and women, or married but outsourcing the raising of their kids — yet they never forget to post that one annual holiday photo with the children to pretend everything’s normal. What a life.

Let’s not even start on how much this Vegas stunt cost. I’m sure it’ll have the same impact as Investor Day and that Town Hall where Takis bragged about going to the NBA Finals the night before — as if he could pick a basketball out of a pile of sports gear.

Did everyone enjoy the training on employee disengagement?

How can SAS expect people to be highly engaged when it's clear company goals won't be met which means smaller or no bonuses, fewer or no promotions or raises.... more money for the big cheeses and endless building up of interns and enthusiasm for hiring young people but none of either for anyone else.

Yay SAS.

Article discussing Karen Bass supporting a settlement and Raman wanting the case at trial has the quotes of
" merger would deepen it, costing an estimated 4,500 film and television jobs, more than 10,000 jobs region-wide, and billions of dollars in economic activity"
gives us an idea of the initial layoffs in LA jobs

If the contract ends in December, will PCR, SICC, and ALC layoffs happen starting in October? Or will they cut us right before Christmas? I’ve been a PCR for 6 years. Preparing for my next move. About what percentage of the staff will remain? At least 25%?

Funny how when I was giving my supervisor advice on crypto and trading strategies we were the best of friends the second money stopped coming in my audits picked up and that “friendship” faded and I was switched off the current team

The recent documentary about Boeing is an interesting watch.
How those at the top exercised rampant cost cutting, destroyed trust in a company and lined their own pockets at the expense of everyone else

"In 2009, Boeing opened a facility in North Charleston, South Carolina—a non-union state—to produce the Boeing 787 “Dreamliner” plane as cheaply and quickly as possible. The majority of the plane structure was outsourced from cheaper suppliers rather than being assembled in-house. The facility was soon full of shoddy engineering—ill-fitting pipes were sledgehammered into place, holes were found in aft body fuselage sections, and tiny metal slivers that were liable to cause massive electrical problems were found in the planes.

I have heard multiple supervisors in multiple different conversations comment that they want to bring some “low performers” into their teams since teams are no longer being given special distributions and no longer allowed to pass people on PIPs. If you are offered a role in a group you have never worked in and don’t know anyone in turn it down as you are being setup as the sacrificial lamb.

Any news about new round of RAs in September?

I am not a financial person. Is this good or bad for potential future of layoffs.

Verizon's plan to redeem $1.25 billion of its 4.329% notes due 2028 in full on September 21, 2026, is generally good for the company's long-term financial health. It shows active balance-sheet management and reduces future interest obligations, though it requires a substantial cash outlay upfront.

Why It Is Good
Lower Interest Costs: Paying off these notes stops future interest payments on that $1.25 billion, saving money over time.

Strong Financial Confidence: Redeeming the debt early signals to the market that Verizon has enough cash or liquidity to handle massive obligations without trouble.

Cleaner Balance Sheet: Reducing total leverage makes the company look more stable to credit agencies and long-term investors.

The Downsides
Immediate Cash Outflow: Verizon must part with $1.25 billion plus a calculated make-whole premium and accrued interest all at once.

Opportunity Cost: That cash cannot be used elsewhere, such as investing faster in network infrastructure, funding new acquisitions, or boosting shareholder returns.

https://finance.yahoo.com/markets/stocks/articles/verizon-redeem-debt-securities-september-123000558.html

do you mean friday 8/28? or monday 8/31? several people are saying monday. any information on severance? number of people? this is not the end. layoffs will continue to happen over the next 2-3 years

They are already underway with the now notorious 6:00 am emails. Kudos to the poster who included this link within a different, less active thread.

https://www.reddit.com/r/Layoffs/comments/1vs9a84/oracle_layoffs_no_longer_rumored/

Has anyone heard any updates or hints about layoffs? Seems everything has gone quiet again.

Latest rumor October layoffs.....

The layoffs continue. Offices in Ireland to be closed at end of month.

Are they just replacing Irish jobs with Indian jobs at GCC due to CIO's preferences?

How did he possibly manage to sail away with a smooth $3.3 MILLION "severance payment?" With all the layoffs and cuts!

Any news on Sunnyvale layoffs or are we safe now for this year at least?

Anyone working still working for Oracle should be looking at this website and the specific states where you reside: https://www.warntracker.com/company/oracle-america

Job cuts are expanding beyond the tech sector, affecting government, retail, and financial services. Older workers, often in higher-paying positions, face increased difficulty re-entering the workforce due to age bias and evolving skill requirements. Industries like healthcare, education, and utilities offer more stability for this demographic. Staying current with skills and maintaining professional networks are crucial for mitigating risks. Understanding industry trends can help individuals prepare for potential job market shifts.

https://financebuzz.com/news/layoffs-rising-industries-workers-over-50-know-2

Companies in Michigan are increasingly pointing to artificial intelligence as the reason for recent layoffs. However, experts suggest that the reality behind these workforce reductions is more complicated than just AI. While AI plays a role, other factors are also contributing to job cuts across the technology sector. This trend is evident in significant reductions at a Grand Rapids-based firm and a wider national pattern. The true drivers of these layoffs appear to be multifaceted.

Detroit, Michigan

https://www.detroitnews.com/story/business/2026/08/19/companies-cite-ai-for-layoffs-in-michigan-but-its-not-so-simple/91010735007/

Templeton is facing a significant budget shortfall for fiscal year 2027. The Board of Selectmen plans to present a $1.3 million override request to voters. If the override fails, the town has prepared a contingency plan. This plan includes implementing approximately sixteen layoffs across various departments. These personnel reductions are intended to address the financial deficit.

Templeton, MA

https://www.thegardnernews.com/story/news/local/2026/08/19/sept-22-templeton-ma-special-election-is-1-3m-override-request-layoffs-pending/91352676007/

The mortgage sector is anticipating more layoffs and reduced hiring due to persistently high interest rates and compressed profit margins. Lenders who expanded their workforce early in the year are now reassessing their staffing levels as refinance hopes have faded. Increased efficiency from AI and complex product mixes also contribute to the need for leaner operations. Analysts suggest that consolidation may become a more common strategy for companies struggling with profitability. This trend follows significant workforce reductions seen since the market's post-pandemic peak.

https://www.housingwire.com/articles/mortgage-layoffs-expected-to-rise-as-rates-remain-high-margins-stay-thin/

Chicago's Treasurer is proposing to dissolve a decade-old investment fund to recover over $57 million. This move aims to address a significant budget shortfall and prevent potential layoffs of city workers. The fund, established for neighborhood economic development, currently holds idle cash with no outstanding loans. Dissolving it requires City Council approval to bolster the city's main operating fund. This action could significantly reduce the deficit and preserve essential services.

Chicago, Illinois

https://chicagocrusader.com/treasurer-seeks-57-million-to-prevent-city-layoffs/

https://www.bizjournals.com/atlanta/news/2026/08/19/anchor-glass-warner-robins-layoffs.html