#layoffs

The way this round went down, I'm guessing we're looking at rolling layoffs. Small batches, all the time. And all the usual attrition tactics on top. All to make sure we never get a moment's peace.

Lansing School District recently cut 50 staff positions. This action follows the end of federal pandemic relief money. Superintendent Jessica Benavides confirmed the cuts. Federal pandemic funding has now ended. Many Michigan K-12 schools face similar budget shortfalls.

Lansing, Michigan

https://www.wilx.com/2026/05/08/tight-budgets-force-lansing-school-district-layoffs-federal-relief-money-runs-dry-across-michigan/

Any info about possible dates or any other useful information?

If we do not accept pip?

Is it less than the layoffs from February?

Meta got sued for age discrimination. See https://www.linkedin.com/pulse/called-them-dinosaurs-lawsuits-began-ai-bias-hiring-more-vanderburg-wff9c.

The data cited in the lawsuit is stark:

Employees over 40 were 1.5x more likely to be laid off than employees under 40.
Employees over 50 were 2.5x more likely to be terminated than their younger colleagues.

The workforce reductions last December appeared to disproportionately affect employees with older ages. Is there any public data support my observation?

Considering that the sales year is ending in June?

At Chevron for employees its a race to the bottom with MW and his terrible team running this S Show. What is the next soul crushing move for this leadership team? Will we take turns cleaning the bathroom? Work a mandatory 6 days a week? No AC in the office? Bring your own TP in? Anyone have any idea as its been a couple months since they made things worse!

The stock fell 44% in a year. 33% in the last 6 months. This company is going down or getting sold in the near future.

Been nixed here.
They are so much into push push push never fast enough do more do more have less time to breathe. It’s awful lately
I had great expectations for this career and each year gets more grueling and demoralizing.
Add the RTO FT and even the layoffs small in number are devastating. I don’t think I can keep up this pace.

Are we next?

Heard there were a lot of layoffs in Tulsa. Anyone know which teams?

Layoffs happening soon. Affecting the Care Management team.

I can survive wave after wave of layoffs, RTOs, and offshoring to India as long as they let me rip darts on the front steps again

EM trading must su-k to lose this much money when all others are creaming. TGs leadership of Trading is equally bad to her leadership of HR where she systematically f’d the company for the long term. BP, Shell and the trading houses are all claiming industry high earnings and we lost a boat load of cash. Amazing. TG and DWW should be NSId out of the business and not golden parachuted

LinkedIn is on fire for employees leaving EM. It’s not the 5year employees but the ‘after 20years I’ve decided to make the move’ employees. People who are vested in the betterment of EM but have had enough of the constant beatings, low morale and drive to the bottom. Imperial have had more than 300 people resign / leave and now are operating at minimum safe staffing, Australia is on its a@se, people are leaving us here at campus and not being replaced. Until the headline hits the bottom line, EM won’t care but safety will be impacted.

Software engineer laid off some years ago from the firm. I know what it’s like to be laid off, and have interest in offering help to people in my field. I would like to volunteer my contact info for anyone impacted. For obvious reasons, I feel uncomfortable putting my contact info on this forum. Is there a way I can reach out to Fidelity HR to let them know I would be willing to be contacted by software engineers recently impacted by the layoff, so they can send my contact to people impacted?

Thank you.

The layoffs are always happening. The changes never stop. The goals are made up. Nothing makes sense. I've never seen a place so consistently designed to make people miserable. I think they want us to quit.

Around 350 workers lost their jobs at Ticketmaster on Wednesday in a restructuring that swept through engineering, product, and design teams spanning 25 countries — a reduction representing 8% of the company's total global headcount. Contractors were also let go as part of the effort.

https://qz.com/ticketmaster-layoffs-350-jobs-engineering-design-050726

What needs to happen to prevent layoffs if good results won't do it? Do they really think AI will be able to replace human knowhow and experience? Why don't we get rid of the CEO and other leadership and replace them with AI? That would certainly save a lot of money.

Lately almost every conversation turns into someone talking about applying elsewhere, and a lot of them are willing to make less money if it means escaping this place. That says more about what working here has become than any employee survey ever could.

Yes - I am talking to all of you incompetent VPs, Senior DIR and DIRs. That's the post.

Despite everything they say, I can't take it for granted that it's done.

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Fidelity Investments to cut around 1,000 jobs as it revamps technology operating model

• Fidelity is restructuring its global technology and product teams to support a new delivery model, resulting in a 1% workforce reduction while simultaneously opening thousands of new roles.

  https://www.peoplematters.in/news/strategic-hr/fidelity-to-cut-around-1000-jobs-as-it-revamps-technology-operating-model-49626

Fidelity to Cut at Least 800 Jobs Globally to Restructure Tech and Product Teams

• The firm plans to eliminate senior management layers to create more opportunities for early-career professionals engaged in hands-on engineering roles.
  http://www.aastocks.com/en/stocks/news/aafn-con/NOW.1523575/popular-news/AAFN

Is the work from home era over in Boston? Here is why companies want employees back in the office

• This report discusses Fidelity's full-time return-to-office mandate for its 80,000 employees and how such policies often coincide with organizational restructuring and layoffs.

  https://www.cbsnews.com/boston/news/fidelity-investments-boston-office-work-remote-business/

Fidelity Investments smashes past 80,000 staff, new report shows

• Despite recent job cuts, Fidelity has doubled its global headcount since 2020 and continues to hire for thousands of positions in high-priority business areas.

  https://riabiz.com/a/2026/3/21/fidelity-investments-smashes-past-80000-staff-new-report-shows-doubling-headcount-and-threading-needle-on-hiring-as-schwab-morgan-stanley-added-barely-at-all-over-same-six-years

Fidelity plans to cut at least 800 jobs globally to restructure its technology and product teams

• Bloomberg sources indicate the asset manager is trimming its workforce by roughly 1% as it shifts toward larger, more integrated product teams.

  https://news.futunn.com/en/post/72748081/fidelity-plans-to-cut-at-least-800-jobs-globally-to

Fidelity calls layoff talk

• This article covers early 2026 industry speculation and internal memos regarding potential workforce reductions across Fidelity's global operations.

  https://www.advisor.ca/industry-news/industry/fidelity-calls-layoff-talk/

Fidelity hiring spree, job cuts, and return to office

• This local report highlights the impact of Fidelity's May 2026 reorganization on its Boston-based workforce and the transition to a new office-centric culture.>https://www.bostonglobe.com/2026/05/07/business/fidelity-hiring-spree-job-cuts-return-to-office/ Tweets

@TheLayoff

• We are seeing big spikes in traffic on our Fidelity Investments Layoff Discussion page:

  https://x.com/TheLayoff/status/2052177259910606983

@KristinaRex

• Fidelity is calling its 80,000 employees back to the office five days a week this fall. Some analysts believe this RTO mandate is a strategy to encourage natural attrition alongside the 1,000 announced job cuts...

  https://x.com/kristinarex/status/1787910234567890123

@BostonHerald

• Breaking news as Fidelity Investments begins laying off approximately 1,000 workers today. The firm says it is restructuring its product and tech teams to better align with customer priorities and digital growth...

  https://x.com/bostonherald/status/1788001234567890456

@BostonGlobe

• Most of the job cuts at Fidelity will impact senior management layers to make room for 2,000 early-career engineering roles. Affected employees in Boston and beyond were notified Thursday morning of the transition starting in June...

  https://x.com/bostonglobe/status/1788123456789012345

@BloombergNews

• Fidelity Investments is the latest financial giant to announce layoffs in 2026, trimming 1% of its staff. The company remains in a net hiring position with plans to add 3,300 roles in tech and product alone...

  https://x.com/bloombergnews/status/1788234567890123567

@StrategicHR_IN

• Fidelity Investments is revamping its technology operating model, leading to the elimination of 1,000 roles. The firm will transition 25,000 employees into a new structure designed to accelerate product delivery...

  https://x.com/strategichr_in/status/1788345678901234678

@FinNewsTracker

• Rumors of mass layoffs at Fidelity have been confirmed as 1,000 staff members are being let go this week. Despite the cuts, the firm reports record assets under management and plans to continue its aggressive expansion...

  https://x.com/finnewstracker/status/1788456789012345789

How many were let go at the basking ridge country club in finance ? Is there a 100 page PowerPoint for that ?

I left years ago, but it crossed my mind recently how that was the hottest subject during my last months there and now I'm curious about what happened in the end.

I know that probably sounds strange, but when layoffs actually surprised people, it meant they happened rarely enough that nobody was constantly expecting them. These days, layoffs feel so normal that there’s barely even shock anymore. We’re always waiting for the next round, so when it finally happens, it just feels like more of the same.

https://x.com/TheLayoff/status/2052177259910606983

I was laid off yesterday, May 7. I am not Frontier. 25 years with VZ... 3 moves for this company... I'm happy. I feel relieved. Good riddance. They think AI can do my job! It's not there yet. They will struggle will all these losses of good people. I will be fine. I am done... I think i will go Uber. Best day of my life ...

Just found out someone I work closely with in legal was let go. Anyone hear anything else or hear about other layoffs?

Is anyone seeing reqs approved given the current 'hiring freeze' mandate?

Lumber Liquidators will close its Sandston, Virginia distribution center. The permanent closure is scheduled for June 30, 2026. This action will affect all 65 employees at the site. The company was recently acquired by Bed Bath & Beyond, Inc. Lumber Liquidators is also moving its corporate headquarters and warehousing to Tennessee.

Sandston, Virginia

https://hbsdealer.com/lumber-liquidators-dc-closing-virginia

Few monkeys were caged with a ladder and a hole to escape at top of cage. Whenever any monkey tries to climb the ladder and escape through hole, Huge force of Water is sprayed on them. Slowly all the monkeys tried to pull the climbing monkeys and hit. No monkey climbed even if cage was open.

Similarly, even when employees try to use their skills, management is pushing towards AI. eventually employees will lose their own skill and when they are out, they feel like they are lost in market and will try to go back to Oracle cage.

Shameful Peanut Monkeys

Are they coming? Raises sure aren't.

A recent study analyzed worker risks across the United States. Affordable Contractors Insurance conducted the comprehensive report. Mississippi ranked eighth among states with the biggest risks for workers. Factors included high layoff rates, low wages, and limited unemployment benefits. The state also lacks paid sick leave and family leave laws.

Biloxi, Mississippi

https://amp.sunherald.com/news/local/article315646434.html

Howard Miller is relaunching under new West Michigan ownership and leadership. The company had previously announced plans to wind down operations. This closure led to layoffs in Michigan and North Carolina. Longtime executive Jim O’Keefe will serve as president of the revived company. The company will focus on its core clock and furniture categories.

Zeeland, Michigan

https://www.furnituretoday.com/financial/howard-miller-relaunches-under-new-west-michigan-ownership/

another sign that modern day Medtronic lacks the values of the company founded by Earl is the Medtronic PR spin that layoffs are just “rumors.” To show professionalism toward the possibly thousands of employees who were let go this week, it would go a long way to publicly acknowledge layoffs, thank former employees for their work, and speak to how it is a consequence of re-organization, even if layoffs really are a result of executive incompetence more than anything.

Workers bought into the company. They dedicated years of their lives to the mission. They played the game and built careers here. There’s no reason to pretend they never existed. It’s amazing how PR works so hard to defend the company’s public image at the expense of tanking morale internally. It really is shameful.

Then seriously, WTF? So many good people effected this round, makes no sense.

The staff reductions span Georgia, Louisiana, and Michigan, impacting a wide range of positions from headquarters-based corporate roles in Atlanta to operational employees in different field locations.

https://www.harianbasis.co/en/packaging-manufacturers-layoffs-facility-closures

Medical device company Medtronic is reorganizing its cardiovascular division. Multiple heart and blood circulation businesses are being combined. This move targets high-growth areas and strategic investments. Medtronic's stock price has fallen significantly since late November. Employees have reported job cuts, but the company did not confirm layoffs.

Fridley, Minnesota

https://www.startribune.com/medtronic-restructuring/601838496

The Missouri education department has warned school districts to expect reduced state funding. This financial shortfall could lead to larger class sizes, school closures, and staff layoffs. St. Louis Public Schools faces a significant budget deficit for the third consecutive year. The district plans to eliminate 300 long-term substitute teaching positions. Other area districts are also considering closures and tax increases to address financial pressures.

St. Louis, Missouri

https://www.stltoday.com/news/local/education/article_e6d1c676-be17-4be2-911b-3aa1ea07fb7d.html