#layoffs

https://www.retaildetail.eu/news/fashion/strike-at-nikes-european-distribution-center-in-protest-against-the-restructuring-plan/

Ghost jobs are online employment listings for jobs that either do not exist or are not vacant for which the company has no immediate intention of hiring. About 30% of companies use this tactic to collect resumes for future needs, create a false illusion of growth and to intimidate current employees into thinking their jobs are on the line if they don't improve their performance.
If you haven't heard back about a job you posted for, it's not you. It's them playing head games. Clifton has been doing it for years. Check it out for yourselves. You may find YOUR job listed.

Are we out of the woods yet with the low stock price yet? Looks good so far. Hopefully everyone onsemi layed off in the past can enjoy some of the benefits to the price rise when they sell and put the onsemi experience behind them.

Oh sure, Citi pull out what they think is a big win by luring in some major director from other banks here and there. They make sure that hits the headlines but as you can see, they don’t stay very long.

Its a money shell game. These guys move from company to company for more money each time they move. They have no interest in making Citi a home.

Let’s get the severance going as fast as the business combination. KthxBye

They have lost all moral respect for human beings .. They feel that giving people a $20 and or 30 $ merit increase per month is going to make someone satisfied and or work in the office ? Has this company lost its mind? The huge CAMPUS that they built in Belgrade only 5 years ago , and now giving people $20 raises per month? Are they serious? They are looking to pay for the same positions a salary that they were paying 12 years ago .. .They are still trying to pay people in Belgrade $800 a month... That story has sailed... Then from what everyone heard is they fired the president of the Labor Union in Belgrade just so the top players could run the company.. This company has become criminal . All people are doing now is coming into the office and socializing all day ... what a waste of work force .. Then again while the GM in Serbia and his buddies are all profiting while they can ... not sure what is going on but people cant live on a $20 pay increase.. this is so low .. this company should be prosecuted

So we’re considered a mega center under the mobility purple contract and we’re locked in at almost $39 an hour and there’s only about 60 of us right now and we won’t ever have people on our title anymore per our union. We all work 5 days in office. We’ve been doing mass hirings for almost 2 years and these new reps are also service reps but they have a hybrid title at the end of their name and get about $21 an hour plus commission and they’re a mix of English and bilingual. At the end of the day we all take the same calls, have the same center manager, report to the same floor/building but there’s over 100 of the hybrid reps. Can they get rid of us since we’re getting paid more and not having to meet numbers to get commission? It’s been like this for 2 years but there have been rumors that they can remove us and keep the reps that are hybrid. How can they get away with that if it’s true?

The biggest past baggage is still heading the testing and that is resulting in every day deterioration of Coupa quality with many escalations coming every day. Now next list of layoffs is ready just after the current events and she is destroying everything just to save her job. All strong performers under her have left because of her incompetence. Every one in testing team is trying to move to development or leave the company and only people left are those who are not getting anything else. Worst to come for Coupa quality and the remaining people !!

Oregon teachers rally at Nike stores after 200+ layoffs in

Nike sued over tariff price hikes and potential 'double recovery' refunds

Nike Is So Cooked.’ Adidas Goes Viral With New World Cup Campaign as Its Rival Struggles to Find Its Footing
https://m.youtube.com/watch?v=mJJY53qhJe0

Adidas Is Winning The Hearts And Minds Of Consumers Globally As Nike Falls

NIKE MARKETED A SUB-2-HOUR MARATHON. ADIDAS JUST DID IT

Why Nike’s CEO bought $2 million worth of shares at a low point for the company

Nike Slapped With Class Action Over Customer Data Breach

Nike sued over data breach, allegedly exposed credit card information

Massive Leak of Nike Internal Documents Just Surfaces on Dark Web

Nike faces federal probe over allegations of discrimination against white workers

Decades After Nike Promised Sweatshop Reforms, Workers in This Factory Were Still Fainting

Nike Stock Faces Insider Selling Scandal Amid Strong Earnings

Unsealed court records reveal new details about Nike s-x discrimination lawsuit

Nike Stock Sinks to Lowest Level Since 2014 as Weak Sales Outlook Spooks Investors

What Happens if Mbappé Leaves Nike for Adidas?

Nike is struggling to stay culturally relevant in China

Nike’s disappointing guidance signals its turnaround is farther from finish line than we hoped

Wall Street loses patience with Nike as turnaround drags, China weakness deepens

Nike Pays Three C-Suite Lawyers $27.2 Million Amid Turnover

Nike agrees to pay Hong Seng Knitting workers after years of student protests

Former Facebook and Nike diversity manager gets 5 years in prison for $5 million fraud

Nike Faces Unprecedented Stock Plunge Amid Strategic Missteps

Nike’s business plan was a ‘ticking timebomb,’ shareholder lawsuit says

Nike Faces Amended Securities Fraud Case

Nike cuts 1,400 roles in second round of layoffs this year

Wow, this article triggered me! Why? For decades radio measurement was exclusive to Arbitron. Much like Nielsen, they were considered a monolopy. The thought of Nielsen one day buying Arbitron thus hoarding both TV/Radio measurement was unheard of...until it wasn't. As digital became pervasive, and the TV landscape started to change at a drastic rate with streaming...somehow the gov't was convinced Nielsen buying Arbitron would be a good thing. But for who? Not us employees, either Arbitron or Nielsen. I was on the TV side during this buyout and basically overnight we were ordained radio "experts" with full responsbility of managing all client contracts and relationships. Middle mgt and finance didn't give a cr-p how you pulled it off...as long as you kept that money coming in. Basically double the work for the same compensation. It was a nightmare One of the reaonons I eventually burned out. I can only imagine how hard it was as well for the Aribtron folks now having to listen to Nielsen mgt BS. Anways, seems none much has changed. Read the article.

https://barrettmedia.com/2026/05/11/nielsen-ceo-karthik-rao-radio-promise/

Announced last Friday of more commercial impacts with SST. Those informed have 60 days left.

That's what we can find solace in.

I am expecting more layoffs. I have no insider info. I feel that they are going to keep pushng in the same direction. This means job cuts.

Lookat the stock price. It has gone up several times over since 2023, and guess what else started happening around then? The employee count began dropping hard. That is not a coincidence.

The stock price is what they are watching. it's not our frustration stress & complaints. Not our objections to RTO. Not 100s of posts about loyalty. Nah, not workload too. None of that matters when the number they care about keeps moving in the direction they want.

And now they are starting to believe AI can make human labor worth less than it is today. I hope that is wrong. I really do. I am almost certain it will not. But it sure feels like that is where this is headed.

BD laid off a bunch on Friday before Mother’s Day. Not sure how many but it has been pretty constant for the year that groups get let go, many of them have been there a long time.

You are invited to apply for other jobs within BD. Bleh.

CS was just the beginning. CO is next, and the plan is obvious - shift everything to India. It’s coming faster than people think. Mark my words.

Starbucks laid off today (not relocated to Nashville) 61 tech jobs in their Tech Support Center. AI continues to claim the tech industry in the greater Seattle area. Even less places for the laid off Seattle Tech Support folks to go.

Since Udit Batra took over as President and CEO of Waters Corporation in September 2020, his total compensation has risen approximately 146% - from $5.7 million in his first partial year to $14 million in 2025 - while the company’s financial performance has largely stagnated. Revenue grew modestly from $2.37 billion in 2020 to $2.96 billion in 2024, a rise of around 25%, and net income actually declined from its 2022 peak of $708 million to $638 million in 2024. The most glaring disconnect came in 2023–2024, when earnings were flat to negative yet Batra received a 27.6% pay increase. Over the same period, the company’s workforce has shrunk. After growing to a peak of 8,200 employees in 2022, Waters cut roughly 328 jobs in a formal 2023 layoff round - approximately 4% of global headcount - and has continued to shed staff, ending 2024 at 7,600 employees, a net reduction of around 700 from the peak and below where the company stood when Batra arrived. Batra himself has cited the headcount reductions as a management success, pointing to flatter org structures and tighter spans of control, while employee reviews describe a culture of ongoing layoffs, increased workloads, suppressed pay, and leadership disconnected from the workforce. In sum, Waters under Batra presents a picture of a CEO whose compensation has substantially outpaced both the company’s financial results and the fortunes of its employees.​​​​​​​​​​​​​​​​

Just wanted to give the proper hello to rhe worst CEO and human being in Chevron History, MW. Also a hello to the worst CIO in Chevron history that is destroying his fellow American IT personnel to pad his pockets. What kind of people have so little loyalty to their country and community they happily sacrifice them for themselves? Terrible humans. They DO NOT HAVE to act this way. No law says they have to. For those defending these people, a few extra pennies of dividend in your retirement fund at thr cost of laying off people in your community is not Wirth it. Its absolutely wirthless! You dont have enough in your account to make a difference. Now to head out to take an MW!

HR leaders are confirming the new reality. F5 is trading years of expertise for these external "strategic" hires. Long-term employees across various departments are just being phased out with no announcement or acknowledgment of what they built. Agencies are now reaching out for positions that don’t even appear vacant or aren't posted on the F5 Careers site. These roles are being backfilled by people with zero history regarding the tech or the culture. If you have high tenure, your experience is a liability now instead of an asset. "Human-First" looks great on a slide deck, but it’s taking a backseat to margin targets while the culture evaporates in real-time.

Has anyone else noticed colleagues just going silent? Is there anyone you haven't heard from in a while, even if they're still showing up in the directory?

Danone North America PBD expects to close its Bridgeton factory Aug. 4, according to a notice filed with the New Jersey Department of Labor & Workforce Development.

https://www.courierpostonline.com/story/money/business/2026/05/11/danone-north-america-bridgeton-plant-closing-layoffs/90027192007/

I'm hearing this round is roughly 600 folks. Do we know if everybody has been notified already or if this will continue throughout the week?

Unifor members protested recent job cuts at Quinte Health. Quinte Health announced the elimination of 59 Personal Support Worker and Health Care Aide positions. These layoffs affect Belleville General Hospital and Trenton Memorial Hospital. The union states these cuts will further strain the health care system. Unifor plans further action to defend public health care services.

Belleville, Ontario

https://www.unifor.org/news/all-news/unifor-health-care-workers-protest-hospital-layoffs-quinte-health

Quinte Health |

Kevin Hart's media company, Hartbeat, faces significant internal challenges. A recent report details layoffs, lawsuits, and executive shakeups. The company, once valued at $650 million, has downsized. Kevin Hart finalized a deal with Authentic Brands Group this January. This agreement reportedly caused employee concerns regarding the company's future.

https://www.tmz.com/2026/05/11/kevin-hart-company-drama-amid-sale/

The way everything was announced before the whole thing started made it sound like people would be getting cut nonstop for months. That so far hasn't been the case. I’m definitely not complaining, I’m just surprised and wondering if something changed behind the scenes.

The Children's Institute will lay off 34 employees. This follows the University of Rochester's decision to end its leased employee relationship. A WARN notice was filed with the New York State Department of Labor. The layoffs are scheduled to begin on June 30. The university stated the Institute now operates with greater independence.

Rochester, New York

https://www.whec.com/top-news/childrens-institute-to-layoff-34-jobs-following-contract-split-with-urochester/

Any guesses on just how much more catastrophically awful it’ll be than you’re currently imagining?

The Canadian unemployment rate saw an increase in April. RBC Economics attributes this rise to weaker hiring, not elevated layoffs. The jobless rate reached 6.9% after the economy lost 18,000 jobs. Permanent layoffs actually decreased, remaining under their October 2025 peak. RBC indicates the labor market is adjusting, not facing a severe contraction.

https://www.hcamag.com/ca/specialization/recruitment/hiring-slowdown-not-layoffs-drives-rise-in-canadian-unemployment-rbc/574737

Medtronic will shut down its Santa Rosa, California site. The closure impacts 370 employees at the Fountaingrove campus. Medtronic anticipates completing the site closure by spring 2028. Operations will primarily relocate to Santa Ana, Minnesota, and Galway, Ireland. This decision is part of Medtronic's ongoing global operational restructuring.

Santa Rosa, California

https://www.massdevice.com/medtronic-reportedly-close-california-site-layoffs/

General Motors is laying off hundreds of salaried employees. These cuts impact its information technology operations. The reductions began on Monday. Around 500 to 600 employees are largely affected. The automaker aims to cut redundancies and reevaluate workforce needs.

Detroit, Michigan

https://www.cnbc.com/2026/05/11/gm-layoffs.html

How much is the company paying for using codex and other AI tools? If the bill is high, it will impact the margin. A large layoffs can not be avoided.

For those interested it was “121” employees impacted at Basking Ridge, NJ location;

https://www.nj.gov/labor/assets/PDFs/WARN/2026_WARN_Notice_Archive.pdf

Need advise what to do with PTOs as I am one affected by the recent layoffs.
Do we get them paid out or take them prior to leaving?

The New York State Worker Adjustment and Retraining Notification (WARN) Act requires employers with 50 or more full-time employees to provide at least 90 days of advance notice before mass layoffs, plant closings, or business relocations. This law, which is stricter than the federal WARN Act, ensures employees have time to find new jobs or seek training

Look at the capital one intranet.

The “legacy discover severance plan and spd” just got updated as of May 1, 2026.

They are planning to lay off more legacy discover folks

I’m hearing that it was mostly US employees affected.

Input from overseas origin management drove much of the selection process.

New Jersey Expansion public information: WARN notices in New Jersey affect 141 employees, with separations scheduled between May 21 and June 14, 2026, as part of an AI automation and restructuring strategy.

I am not an employee, just lurk these forums from time to time. The #1 reason why your stock is down starts with Mike Lyons. Since taking Office, he hasn't appeared on a single news network or any of the business news network. Wall Street doesn't know who Mike is, I know you guys hate Frank, but he was a Wall Street darling, people knew him personally. He was constantly on every business news network talking about Fiserv. As an outsider/investor, I have zero idea about what Mike's vision or strategy is. Unfortunately press release doesn't work anymore. Wall Street doesn't care about actual products or services, it is the potential to make quick short-term profits. Frank understood that but ML doesn't want to be bothered. He is hoping luck and time will payoff. Sorry folks, Expect more layoffs.

Yes I know layoffs can still happen with a good quarter but.... LP made it seem like we finally turned a corner and that layoffs may not even be necessary. Well he was just fattening the pig before sla-ghter.