#layoffs

Biggest bunch of Muppets I have ever dealth with

Destroyed morale, productivity down all cus they can't just execute a fricking plan regarding layoffs

Worse company EVER

Women in Energy! Between the brain fog, fatigue and confidence taking a hit, did anyone feel HR or management quietly decided you were “past your prime”? Did you tell HR, or did you keep it to yourself? Curious if anyone’s been through this.

Does anyone else have a problem buying the absolute BS that comes with these recent townhalls? Trying to oversell the progress of the company even among the financial losses, low clinician satisfaction and lack of moral within employees? They keep preaching that they are listening to grievances, yet they continue pushing next agendas and plans for changes when we aren’t stable enough to implement successfully. Saying they want more automation = less need for manpower = layoffs. But they don’t say it.

What did everyone think about Ryan saying layoffs are now part of the “new normal” and to expect them going forward?

Will the phone calls be made tomorrow?

I’ve been following the news and doing some financial planning. I’ve been thinking from a net worth perspective instead of just cash flow.

I get that if you’re already a multi-millionaire, instability from a potential layoff doesn’t keep you up at night. I’m curious though, at what net worth did you personally stop fretting much about this kind of risk?

The usual advice is to save up 6 months of expenses in cash, but I’m curious from the asset side.

Is this an OK question to ask here? Just trying to do some planning when the rumors are floating around.

I want LRs. Where are they ?

So my supervisor posted something in our teams chat……definitely a script but no one in our department was getting laid off. However im seeing some chatter on fb and LinkedIn that there’s potentially more layoffs to come? Anyone else know anything or is this just bs?

For those who were let go or knew someone who was let go due to RIF the past 3 days, were you or they tenured? Or was it mostly new hires that were let go?

Quite a few notices were emailed out to employees affected this week.

If the workforce collectively refuses to sign the promissory notes or buy into the new Class B LP structure, the firm's engineered restructuring playbook faces a critical roadblock. Management cannot easily absorb the capital shortfall, leading to a predictable sequence of operational and financial outcomes.

1. The Buyout Capital Shortfall

The entire structural transition relies on employee debt to fund the exit package for the retiring founders and legacy General Partners.

• Frozen Payouts: If associates refuse the loans, the capital pool remains empty. The legacy partners cannot convert their illiquid paper wealth into upfront cash.
• Failed Restructuring: The firm cannot execute the internal leveraged transition as planned, leaving the aging ownership stuck holding the risk of a declining asset.

1. A Fast-Tracked Outside Private Equity Fire Sale

Because the owners are determined to achieve liquidity and exit the asset, a failure to sell the firm internally will trigger an immediate pivot to outside buyers.

• Abandoning the Narrative: The "employee-owned" corporate narrative will be completely discarded over a weekend.
• The PE Handover: Management will quietly initiate an aggressive fire sale to a predatory Private Equity (PE) firm or a direct corporate competitor. The old partners will accept a lower valuation just to get cash, handing the remaining skeleton crew over to an outside management team focused strictly on radical cost cutting.

1. The RTO Surveillance State Backfires

The harsh 4-day hourly tracking and the removal of family flexibility were designed to cause "controlled attrition" to thin out payroll liabilities before the transaction.

• The Talent Drain Acceleration: If employees reject the equity offering, the hostile environment loses its only theoretical financial incentive.
• Operational Collapse: High-performing and specialized workers will exit rapidly, leaving the firm as an hollowed-out operational shell that can no longer sustain its client base or defend its valuation to lenders.

1. Technical Default on Bank Covenants

The commercial banks funding the baseline operational loans operate under strict financial covenants tied to firm revenue and margin stability.

• Margin Compression: If productivity collapses because the workforce is disaffected and shrinking, the firm will miss its near-term financial targets.
• Bank Foreclosure: Missing these metrics triggers a technical default. The lending banks retain the legal right to step in, seize corporate assets, remove the Managing Partner, and liquidate the firm's intellectual property to recoup their cash.

1. Increased Internal Hostility and Cash Freezes

In a final, desperate attempt to force profitability metrics into alignment before the timeline expires, the lame-duck Managing Partner will shift from incentivization to absolute financial pressure.

• Total Cash Compensation Freezes: Annual cash bonuses will be entirely eliminated, and baseline salaries will be frozen indefinitely under the guise of "restructuring headwinds."
• Data-Driven Layoffs: A third or fourth round of aggressive terminations will be executed, using the 4-day hourly tracking logs and AI adoption metrics as a paper trail to eliminate headcount without paying severance.

I got my finances in order and ready for layoffs. Anyone know when is the next layoff storms? Or do you know if they are offering volunteer leave with severance?

Although I generally agree with the sentiment towards Sarah London, this would not have happened if our elected officials had crossed party lines to solve the issues with the cost of health insurance. Thanks to our friends in DC, people lost health coverage because it is unaffordable resulting in businesses losing business, resulting in the workers long jobs.

Make it make sense. You fire the employee who created the only system we use to track out daily work is out...but other employees were chosen to stay to now run said system....If they're reading this, you have the opportunity to claim your work bad.

MW Components is closing its Houston plant, resulting in 53 job losses. This action follows the company's recent acquisition. The manufacturer has notified the Texas Workforce Commission of the layoffs. The closure impacts a significant portion of the plant's workforce. This development marks a swift change for the newly acquired entity.

Houston, Texas

https://www.bizjournals.com/houston/news/2026/06/11/mw-components-plant-closure-layoffs.html

Energy technology firm Baker Hughes is shutting down a Houston location. This closure will result in 174 employees losing their jobs. The layoffs are scheduled to commence this month and extend into 2027. Affected roles span manufacturing, engineering, materials, purchasing, and support functions. The company has not provided a specific reason for the facility's closure.

Houston, Texas

https://www.click2houston.com/news/local/2026/07/09/baker-hughes-to-close-houston-facility-lay-off-174-employees/

Houston ISD's state-appointed board of managers has authorized a reduction in the district's workforce. This action allows administrators to eliminate or reassign hundreds of employees. The district is facing declining enrollment, which impacts state funding. This move comes as HISD continues to recruit new teachers. The board's decision has drawn criticism from elected officials and community members.

Houston, Texas

https://www.houstonpublicmedia.org/articles/education/2026/04/10/548725/hisd-board-reduction-in-force-houston-teachers-hiring-event/

A new report indicates Seattle's housing market is experiencing a significant slowdown. This decline is attributed to widespread layoffs within the tech industry, creating buyer uncertainty. Pending home sales have dropped sharply, reflecting a cautious approach from potential homeowners. Despite a slight price decrease, the median home price remains very high. The tech sector's instability is a primary driver of this market sluggishness.

Seattle, Washington

https://seattlered.com/housing/seattle-area-housing-market-slows-as-tech-layoffs-create-uncertainty-report/4119798

Initial jobless claims saw a modest increase last week, reaching 209,000. Despite this rise, the overall rate of layoffs continues to be historically low. This suggests a resilient labor market overall. The figures indicate a slight uptick rather than a significant downturn. The trend remains within a healthy range.

Washington, D.C.

https://www.kens5.com/article/syndication/associatedpress/us-applications-for-unemployment-benefits-rose-to-209000-last-week-but-layoffs-remain-at-historically-healthy-levels/616-0a57ecfc-0858-4fd0-b6b5-6b9b3837ce4d

https://www.houstonchronicle.com/business/article/houston-layoffs-jobs-2026-22369185.php

FedEx is closing two facilities in Southern California, impacting 116 employees. This is part of a larger initiative to merge delivery networks and save $2 billion. Staples and LAZ Parking also announced significant job cuts. These layoffs affect hundreds of workers across the region. The company is offering support to affected employees.

Palm Springs, Victorville, La Mirada, Sacramento, Perris, Los Angeles, Ontario

https://finance.yahoo.com/economy/articles/fedex-others-announce-layoffs-southern-100000850.html

Are people freaking out or has the excuse making and delusion started? I feel bad for the poor souls who are still there...

The Christian Broadcasting Network has announced workforce reductions affecting approximately 8.4% of its U.S. employees. This decision stems from organizational changes and a need to focus resources on future growth. The media and fundraising landscape has shifted, prompting CBN to streamline operations. These changes are part of a broader strategy to reallocate resources effectively. The organization stated it remains committed to its mission and donor stewardship.

Virginia Beach

https://www.13newsnow.com/article/news/local/mycity/virginia-beach/christian-broadcasting-network-cbn-layoffs-virginia-beach-vb/291-75af7d52-4852-4704-84aa-87cee25b45a3

Bosch Home Comfort has laid off 200 employees at its Wichita facility. This action impacts the local workforce of the HVAC company. The exact reasons for the layoffs were not detailed in the provided text. This reduction represents a significant number of job losses for the area. The company operates within the heating, ventilation, and air conditioning sector.

Wichita, Kansas

https://www.bizjournals.com/wichita/news/2025/10/22/hvac-company-lays-off-200-workers-in-wichita.html

When the Storm Hits, Stand Tall

I know there is anger. I know there is confusion. I know there are people walking into this week carrying disappointment, fear, and a whole lot of unanswered questions.

Layoffs hurt. Watching positions disappear and seeing people you respect suddenly face uncertainty is hard. And honestly, it is hard not to want to lash out.

But as we walk through this storm, remember something: you are bigger than this moment.

Take the knowledge you gained. Take the experience. Take every challenge you overcame and every lesson you learned, and use it to build what comes next.

It is okay to be angry. It is okay to be hurt. Acknowledge those feelings, but don’t let bitterness become the thing that carries you forward.

Because bitterness doesn’t hurt the company. It doesn’t change the decisions that were made. It only weighs down you.

So show the world what you are made of.

Be the leader. Be the supervisor. Be the mentor. Be the coworker who reaches back and helps someone else stand up. Be the strength that so many of us have already seen in you.

Hold onto something during this difficult time. Your experience. Your character. Your family. Your faith. Your dreams. Your next opportunity. Whatever gives you a reason to keep moving forward.

And remember: sometimes a company’s loss becomes the beginning of your greatest opportunity.

They may have made a decision about a position, but they do not get to decide your worth, your future, or what you are capable of becoming.

We are stronger than the anger.
We are stronger than the disappointment.
We are stronger than this storm.

Let them have the corporate game. We’ll take the lessons, keep our integrity, and build something better.

Hold your head high. Keep moving forward. And when you come out on the other side of this, make sure you recognize the person who refused to let a difficult chapter define the rest of the story. ❤️

Folks between stock price falling, security officers being hired on, still lack of investment into our people and buildings. It's only matter of time. AI is around the corner, the clock is ticking. Every department is leveraging Copilot more and more, external contractors are hired to leverage AI. It was fun while it lasted.

Bell Textron has laid off approximately 285 employees across three of its facilities. The affected locations include Amarillo, Texas; Fort Worth, Texas; and Wichita. In addition to the layoffs, some employees will undergo a three-week furlough beginning June 15. The company cited market realities and long-term positioning as reasons for these staffing decisions. These cuts occur as Bell Textron works on developing its new MV-75 military aircraft.

Wichita, Kansas

https://www.ksn.com/news/business/wichita-workers-included-in-bell-textron-layoffs/

?

https://www.benefitspro.com/2026/08/10/centene-employees-post-about-a-new-wave-of-layoffs/

That's all I wanted to say. Pay me to leave this place and I'll dance out the door.

https://www.usatoday.com/picture-gallery/sports/media/2026/08/13/espn-layoffs-2026-damien-woody-ryan-clark-karl-ravech/91287319007/

No other way out of this CR but LR the middle class

They could have added a zero to the six and nobody would have batted an eye. We have so many completely useless VPs who are somehow always safe. Not hard to figure out why. (hint: nepotism/cronyism)

A (now former) colleague of mine was featured in promotional LinkedIn post celebrating how great they are. Same person was laid off the very next day in the name of the Canada Transformation. You can't make it up.

Andy Pollin's final broadcast on ESPN 630 DC aired today after more than thirty years in Washington D.C. sports radio. He was a significant presence, having helped launch The Team 980 in 1992 and working alongside Tony Kornheiser for many years. Pollin was known for his candid commentary on the local football team, even when the station was under different ownership. He previously freelanced for other local stations before his tenure at Cumulus Media. The company has recently implemented layoffs across multiple markets.

Washington D.C.

https://www.axios.com/local/washington-dc/2026/08/11/andy-pollin-out-espn-630-dc-layoffs

Meaning, we're so sc--wed. It's not even about being laid off, but if everybody is doing, where the he-l are we supposed to find new jobs?

FedEx layoffs continue to hit California workers; this time, the carrier will close two facilities in Palm Springs and Victorville, laying off 116 employees at the end of September, the company stated in a government filing released this week.

https://www.latimes.com/business/story/2026-08-13/fedex-others-announce-layoffs-in-southern-california

How did we go from a huge enhancement EISP package to buyout anyone and everyone to no EISP yet delayed,And when it’s comes it’s going to be a regular EISP offered to only a handful of inside clerk positions.Did I miss something!!I know rumors are rumors but this was more then that .Now it’s being toned down.I mean did the company not hire enough replacements fast enough or did they just not plan for the loss of an entire older work force .Just very odd don’t matter I suppose we have a 4 year extension but what changed in few months

The owners of The Greenbrier resort will close its casino operations to facilitate a refinancing transaction. This decision is driven by significant costs associated with delays in finalizing the deal with a private credit lender. The West Virginia Lottery's lack of timely review is cited as a primary reason for the shutdown. Approximately 90 casino employees will be laid off as a result of this closure. The Justices aim to close the refinancing deal by Friday to avoid further financial penalties.

White Sulphur Springs, WV

https://www.wvgazettemail.com/business/justices-say-theyll-shutter-greenbrier-casino-lay-off-90-people-for-refinancing-deal/article_7fb84fb7-174a-430c-a46b-feb045769ea6.html

After you're laid off?