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I heard there were quite a few layoffs in Audit Services today. Is this true? I’m hearing several directors, the Lead (Senior Audit Manager) position is effectively gone and those in the position were either demoted or laid off.
I’m also hearing PNC NMC next?!
https://247wallst.com/investing/2026/08/08/ai-is-hollowing-out-tech-sector-jobs-oracle-and-microsoft-help-push-layoff-rate-to-20-year-high/
They will be announced on December of this year.
Similar to SSW, IDT will cut down to 40% of current staff. The focus will be on the US and UK hubs.
90 days to apply for new roles. 2 weeks pay per year for severance.
Does anybody else have more information?
Will there be more layoffs the rest of the week or was that it for now?
Workforce Solutions Borderplex is providing assistance to El Paso ISD educators who are facing potential job losses. The organization is offering resources to help these individuals find new employment opportunities. This support includes resume building and interview preparation services. The goal is to ease the transition for affected teachers and staff. These efforts aim to mitigate the impact of the layoffs on the local education community.
El Paso, Texas
https://kfoxtv.com/news/local/gallery/workforce-solutions-borderplex-offers-job-help-to-el-paso-isd-educators-facing-layoffs
AI is being implementd offshore by teams that dont have the necessary AI expertise and struggle with English communication and comprehension. What could possibly go wrong? It would be funny if it weren’t so sad. This company is in serious trouble. They keep laying off experienced, highly skilled employees in the US, and at some point you have to ask: who is left with the knowledge and experience to actually take care of the customer?
The El Paso Independent School District has approved a final round of layoffs as the new school year approaches. This decision comes as the district grapples with a significant budget crisis. These cuts are intended to address the financial shortfall the district is currently experiencing. The board made the difficult decision to reduce staff numbers to manage its finances. This action reflects the ongoing financial challenges facing the district.
El Paso, Texas
https://kfoxtv.com/news/local/gallery/el-paso-isd-approves-final-round-of-layoffs-ahead-of-new-school-year-amid-budget-crisis
Employee from Poland office here. Back in 2024 we had some layoffs, this year the company sold 75% of the workforce to outsourcing and we're just vegetating here, waiting to be disposed of as well. But no matter how bad it gets I'm still seeing people who believe that everything's going to be fine, the CEO will turn around, PH can't possibly offer the same level of services (there are romours that they will move everything from PL to PH) and keeping us is the best option. Seriously, where do people like this come from? The CEO is responsible for keeping profits high ( that means getting rid of me in favor of someone from India or PH), a drop in quality of service has literally no impact on company profits, and the remaining PL workforce, now packed in a 3M company barely anyone heard of (GSC got deleted from existence) is just a liability, but I still see people who think that we'll have a job this time next year. Am I working with mentally unstable people, are they toddlers, or is this some kind of shock caused by stress?
https://www.dualshockers.com/the-witcher-spinoff-hit-by-layoffs-despite-reboot/
G-3 Enterprises is laying off 66 employees at its Modesto facility. The company manufactures wine closures. This decision stems from a slowdown in the wine industry. The layoffs are scheduled to take effect on October 6th. G-3 Enterprises remains a significant employer in the region.
Modesto, California
https://www.modbee.com/news/local/article316846357.html
Need some advice from other folks on the board... my brother in law really wants to join cisco ... he thinks it would be a great move now. he has 10 years of experience as a developer (multiple stacks) in two F500 companies... He's been pushing me to help set him up with an interview...
problem is i'm prety jaded at this point. after so many layoffs, long hours, constant reorganizations... and general dysfunction, i don't exactly have a glowing view of the place anymore. i also don't want to dump all my frustration on him or make it sound like i'm trying to ki-l an opportunity he's excited about.
if someone you were close to wanted to join cisco right now, what would you tell them? ??? what are the biggest things you'd make sure they understood before interviewing or accepting an offer? trying to give him a fair picture without turning it into my personal rant.
Boston-based Aura Biosciences is implementing a significant workforce reduction. The biotechnology company will lay off 20% of its employees. This move is part of a strategic shift to concentrate on ocular oncology. The company anticipates incurring restructuring charges between $2.9 million and $3.2 million. This decision reflects a refocusing of the company's priorities.
Boston, MA
https://www.nbcboston.com/boston-business-journal/boston-biotech-to-cut-20-of-workforce/3996623/
Take it for what it's worth:
Source:
https://www.paloaltoonline.com/technology/2026/08/11/tech-layoffs-in-2026-already-nearing-2025-total/
Univision has initiated a series of layoffs impacting its news division. Prominent anchor Ambrosio Hernández was among those let go, following a lengthy career with the network. The cuts also affected news director Yoly Zugasti and anchors in other states. Hernández had been a familiar face in South Florida news for Univision since 2015. The future of the 6 p.m. newscast remains uncertain as the network considers replacements.
Miami, Florida
https://www.miamiherald.com/entertainment/article316855297.html
Comscore has initiated a round of layoffs following the recent sale of a significant business unit. This restructuring effort also includes reductions in executive compensation. The company is undergoing a period of significant change. These actions are part of a broader strategic realignment. The exact number of employees affected has not been disclosed.
Reston, Virginia
https://www.bizjournals.com/washington/news/2026/08/12/reston-comscore-headcount-salary-cuts.html
80 Acres Farms is ceasing operations at its Anderson County facility. The company cited an inability to secure necessary funding as the reason for closure. A deal with a prospective acquirer recently fell through. This decision will result in the layoff of 73 employees. The facility is expected to close by August 17th.
https://www.independentmail.com/story/money/business/2026/08/12/layoffs-anderson-sc-80-acres-farms-shuts-down-operations/91270693007/
Anderson, South Carolina
I know the rumor mill runs strong, especially since there is zero transparency. read a comment here that said 4900 layoffs were this week.
But if "4 out of 5 Centeamers who will be leaving are part of the VSP", is true - that means what, almost 25,000 overall reduction in headcount?
there's no way this is right. if so, GOOD LORD.
Can we relax for now?
Vermont Psychiatric Care Hospital has reduced its patient bed capacity by four. This decision was driven by a consistent decline in patient census over the past five years. As a result, three staff members in non-direct care roles were laid off. The hospital currently has nearly 60 open positions across the state system. These changes aim to better align staffing with actual patient needs and available resources.
Berlin, Vermont
https://www.beckersbehavioralhealth.com/workforce/60-vermont-psychiatric-hospital-staff-urge-state-to-reconsider-layoffs/
Tech companies in Silicon Valley have significantly increased employee layoffs in the first half of 2026. These reductions are approaching the total number of job cuts seen throughout all of 2025. This trend suggests the tech industry is experiencing its most substantial workforce reductions since 2023. Despite these layoffs, the unemployment rate in Silicon Valley remains relatively low. Experts attribute the cuts to companies recalibrating after pandemic-era overhiring and the rise of AI technologies.
Santa Clara and San Mateo counties
https://sanjosespotlight.com/silicon-valley-tech-layoffs-in-2026-close-to-2025-total/
I find it so disturbing that there is NO communication going on about who has been let go, what the more global impact is going to be. The layoffs WILL affect every team at Centene in one way or another. My team had several take VSP but no lay offs (this time or so far)....they haven't even publicly said who on our team would be leaving by VSP. Absolutely zero communication from manager and above on any impact. I mean, we all know things will change across the board for folks still here....yet it feels so hush hush....meanwhile the VSP folks sit and wait until late next year to actually leave......assuming Centene is still around to pay folks out by then I guess......But lets keep preaching about that transparency......
The El Paso Independent School District board of trustees has approved the termination of 55 employee contracts for the upcoming school year. This decision is part of a larger cost-cutting plan aimed at addressing a significant budget deficit. The affected employees include teachers, instructional coaches, and social workers. District leaders stated the move is a necessary effort to align the budget with student needs. Further administrative cuts to at-will positions may also occur without board approval.
El Paso, Texas
https://elpasomatters.org/2026/06/15/el-paso-isd-layoffs-vote-reduction-in-force/
I feel like I've drank some poisoned coolaid at the FY27 kickoff. Ever since the last round of restructuring, layoffs, optimisation or whatever the fu-k else you wanna call it the company processes have ground to a screeching maniacal halt. Sales? Unexistant. Licensing? Can't provide you with a license, can't tell a license for two completely different products apart, need to involve 50 people to provide a client with anything. Developers? Now part of Support?! Support? Can't hear a squeal out of them unless you invoke an ancient Latin spell - oh wait thats just all of their senior management's names im writing in the CC of this email, not Ancient Latin. Do they have the clients locked up with a g-n pointed to their head to keep signing up for these dorky a-s shifty products or something??? Every day in this company is like a Benadryl trip where any issue I have needs to be solved by the hat man I keep seeing with the corner of my eye that apparently doesnt fu--ing exist. Absolute misery.
I guess Humana is done with American workers now. I just saw lady post it on LinkedIn.
Cisco seems to have a quarterly layoff news every 3 months, how about today? Anyone knows? Thanks!
I'm with Health Payer Specialist. We are looking to confirm the layoffs and talk to some people impacted. You can contact me at Susan.Ladika@ft.com
A friend got laid off and is getting severance package, almost the same as my VSP. She also gets to file for unemployment, but VSP people don’t? I’m confused. Anyone have info on this?
The thought that those PL/ managers/ directors whatever title that had to complete notifications. I can hear their boss praising them with a GOOD JOB!! Makes me cringe!
Oracle is following hidden practice of retaining the H1b's and hiring H1b's always and getting rid of Locals.
Either they should layoff H1b's this time more and disclose the numbers
or
They should hire only US and not H1b's
Like a year ago, except our financials have degraded, our credit rating is just above junk status, operational and capital expenditures are more than our free cash flow, and our stock price has cratered (20K is arguably too conservative).
The hardest part is still having to work. Why. You don’t want me here, let me go.
Are there any RIFs from tech review yet? It seems they are going down the line by department type so far.
My dept is losing high quality high performing employees. In my personal experience, my PL is an airhead that has absolutely no idea what they are doing. Has earned his title by faking it up the corporate ladder and with our losses they are not capable of picking up the extra work around. Is Centene reviewing the anon employee surveys. This would shed light on a trend that PLs are aweful when it comes to helping us get our work done. I wish these people would be let go of first. Thoughts? State your dept/state
Managers are wary of not having any humans left to control and exploit their hard work to generate wealth for the globalist rich 1%. Nerds can now exploit bots and managers’ jobs are becoming redundant.
If you're good at your job you have nothing to worry about. If you're not, then well... start updating that resume my subnormal friends
They come from every organization, bringing a wide range of expertise and experience. Together, they could potentially form a new team or company capable of competing for—and even taking—contracts currently held by Hughes.
Are there any rules around this? I'm scheduled to come back from my leave of absence in October
Theres more chance of Jesus Christ reappearing on earth this week than there is of PayPal announcing layoffs
They are a bunch of absolute scaremongering sc-ms
Boycott them for life
What entire teams have been laid off etc? I’m hearing entire teams were laid off :( this is awful… I’m in the MO area . I wish they’d send some sort of update on all of this already instead of keeping everyone in the dark ab stuff…