#layoffs

It has been confirmed that there have been some RIFs completed today. Unsure of how many people were affected or departments. Anyone have any more information?

https://www.businessinsider.com/big-tech-considering-voluntary-buyouts-2026-7

Southern Oregon University has revised its Vitality Plan, reinstating two academic majors previously slated for elimination. This adjustment comes after significant feedback from faculty and stakeholders. The university's overall goal of cutting over $20 million to address its financial crisis remains largely unchanged. The number of planned employee layoffs has also been slightly reduced. Performance benchmarks have been added for several academic programs.

Ashland, Oregon

https://www.opb.org/article/2026/07/23/southern-oregon-board-of-trustees-vitality-plan/

New York is experiencing a significant wave of job losses across various sectors, including technology, manufacturing, and media. Companies are citing economic conditions, contract losses, and business relocations as primary reasons for these workforce reductions. Major corporations like Meta and Amazon have announced substantial layoffs and facility closures within the state. This trend indicates a broader restructuring of businesses and a reduction in their New York footprint. The cumulative effect is thousands of job losses impacting communities statewide.

New York, NY

https://www.shorenewsnetwork.com/new-york-sees-fresh-wave-of-job-losses-as-major-companies-expand-outside-state/

Harvard Magazine has begun a restructuring process that includes layoffs. Employees whose positions are being altered or eliminated received notifications this week. This action follows a period of internal review. The exact number of affected staff has not been disclosed. The magazine is part of Harvard University.

Cambridge, Massachusetts

https://www.realcleareducation.com/2026/07/27/fas_restructuring_layoffs_begin_1196717.html

Employees at Schwebel's have reported the commencement of layoffs. Some workers expressed surprise at the sudden nature of the dismissals. The company is reportedly encouraging affected staff to file for unemployment benefits. Certain departments were expected to continue operations until later in the week. The exact number of employees impacted by these reductions was not specified.

Youngstown, Ohio

https://www.wkbn.com/news/local-news/youngstown-news/layoffs-begin-at-schwebels-worker-reports-being-left-in-the-dark/

No word from Enrique since restructuring and layoffs were announced. No word from him when Stripe made their ridiculous offer. Time is up. Earnings call is tomorrow, our CEO can no longer be hiding. Hopefully he was too busy working on a big plan to turnaround the company and will take everyone by surprise... Or maybe not...

So let me get this straight. According to the VSP FAQ - Following the VSP, we do expect that we will need to make further restructuring decisions, and expect to notify anyone whose role is impacted by mid-August. NOW the ones who want to go have to wait it out till next year, but the ones who didn’t take or were not eligible for VSP could be let go? Please please make this make sense? How? And why?

Anyone know what date they’re supposed to let us know if we are getting laid off?

I heard the UK lost a lot of staff in Q2 but have any other European countries been affected ? Some Euro colleagues I spoke with said things were on hold due to the BT merger.

VSP accepted for 8/27/2027 - what the heck?!

Anyone else still waiting to get your VSP verdict ?

It pains me to say this as I think AI is the eventual ruination of the western/global economy as we know it, and the replacement will be a cold and emotionless standard which will ki-l human innovation/motivation and cause prolonged malaise.

However, if you want to continue your employment with Cigna (at least in the near term), you need to be embracing the AI tools provided to you. Bonus points if your mgr can report that you have generated some breakthrough with the use of AI.

Usage is being tracked and scores tabulated.

AI adoption (or not) will drive the next couple rounds of layoffs.

My vsp was accepted but my separation date is 05/14/2027 😮

It looks like everybody who wanted it got accepted. Could denials be going out later on?

Last day of work will be March 19, 2027.

All company meeting ELT says 70000 ppl company so 12000 layoff ?

ACCEPTED. OUT THIS BI--H SEPTEMBER 4TH.

Funny to see Imperial posting about supporting the Stampede while pulling so many jobs out of Calgary. Yeah, way to support the community. Not.

Received an email from a recruiter about a job?? Why are they hiring amidst layoffs??

Looking for insight/testimonials about the severance package in Spain, what is and is not included in the salary reference for calculation, what the termination letter actually says, what kind of NDA they ask, etc.
Anything you can share will help a worried colleague. Thank you.

as this bubble pops you can expect dell to lose all of its market share and be a 8 billion dollar company

Seperations dates have been pushed out!! I bet none of us will ever see this money.

Those with a 4 performance rating. What what was your increase? I'll go first. 2%
This can't possibly be normal.

Yes, I am actively job hunting.

When Dan the old man took over Verizon he said we were going to launch something monumental. Well here is its. It’s simplicity and one Verizon. He is calling it out new value proposition. It’s so underwhelming all I can do is laugh. His only true strategy is to cut head count gut the company and buy shares back. This is evil

Are there layoffs going on in Folsom? My friend just cut short his vacation and is rushing back. We work together on a project (I am in an international location).

Have an offer with schwab in the technology division and had couple of questions. Does schwab do performance reviews mid-year, end-of-year, or both? Also, if there are layoffs, how does severance usually work? And if someone were let go for low performance, is severance typically involved, or does it depend?

I wonder what she is seeing that makes her want to abandon ship?

Wish the IGS boys and girls luck at AIP .. hopefully Trew can get the company back in shape after the big H destroyed it.

I can only imagine the horror in the new leadership's faces when they finally get an unfiltered view underneath the hood-- Chad and Girish were probably smart to stay behind.

No email yet. Can't wait for them to send it. This is nerve wracking. Good luck to everyone that applied for the VSP. Good luck to those in Florida with the layoffs. Good luck to the ones staying. This is is going to be the longest day ever.

I met with a high level and well connected employee recently to try get some answers about my ultimate potential. This person works with D&S for my job family in succession planning. I was very honest about how I don’t see a future with ExxonMobil. The person tried hard to basically convince me that the pension is worth sticking it out for since I have put in two decades with the company already and am in my forties. The person then went on to describe how in the not too distant future there won’t be any employees at EMHC left other than those who are still needed to mentor the BTC. The person made statements like you are old enough and close enough to retirement that you can make it. My takeaway was the future for old people is to train India to take all the jobs. The future for young people is to be fired. I suggest young people wise up and leave before you are fired and that old people decide if this is the future you want to be a part of. I do not.

Each asset will have to have the bottom 15% (5% of them will be PIP). HR doesn’t know how or what the process looks like. Gotta love Human Energy and The Chevron way right? Those messages are dead. It’s a dog eat dog world. Get the most out of your job and take care of your family. The Chevron of even 10 years ago is a but a distant memory. If you think high oil prices and great quarterly reports are gonna make a difference, you’re wrong

I am under no illusion that things will be better at another corp or MCO bc this is how these things work often but in NJ we just got an email from leadership saying that we have hired two more “experienced leaders to the leadership team” but this is terrible optics. We are ALL confused, anxious and left with little to no information which is how speculation and rumors start. And the day we are waiting on our VSP and people who are staying are nervous about getting canned we get info that they took on TWO (I’m sure very well paid) “leaders”- not a great look.

He says he's learning and no immediate changes are coming but lets be for real

Same day as the town hall, get a call saying how remote workers are getting laid off and their work is moving to India. Probably one of the many rounds of this. How much will need to be offshored before they take US out of the name?

ESPN has announced a round of layoffs impacting several on-air personalities. Among those affected is Karl Ravech, the lead play-by-play announcer for the College World Series. This move comes after a significant number of cuts across the company, including other sports broadcasters. The network has not yet named Ravech's replacement for the upcoming season. These layoffs are part of a broader restructuring within the sports media giant.

Omaha, Nebraska

https://omaha.com/sports/college/baseball/article_18f46f2c-9e20-478e-87d3-e484911b0d9c.html

No emails as of yet, its 7:17 an EST here. As expected.

Elevate Textiles, Inc. will permanently close its finishing plant in Burlington, North Carolina, on December 31, 2026. This closure will impact 150 employees. The company cited changing market dynamics and reduced production volumes as the reasons for the decision. Despite efforts to find new product lines, volumes were insufficient for a viable operation. The plant finishes and dyes textiles, and its closure is a significant blow to the U.S. textile supply chain.

Burlington, North Carolina

https://wwd.com/sourcing-journal/industry-news/elevate-textiles-close-burlingtons-finishing-plant-north-carolina-1239081848/