#layoffs

Posts mentioning hashtag #layoffs

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Goodbye IFP

Did you anyone receive them email that was sent out this morning about Cigna getting rid of IFP plans starting in 2027? What does this mean for our jobs? If Cigna is no longer offering IFP PLANS starting 2027, does this mean employees in that department will also be fired? I’m just trying to understand all of this.


May Layoff is Happening 100%

Workday IT support and legal have reviewed everything. They are now testing the data loads into workday. Pipeline is built out and the final kinks are being worked out now. Its been 6 months since the last one, most leaders are worried, on high alert, and ready for movement to get going next week. Lists were made a couple months ago based on the scripting and code prompts being run in workday for testing the last 2-3 weeks. If your manager doesn't think this is true they just have their head in the sand. Q1 results good or bad would change stop this from happening, this is Dan's plan "cut cut cut and cut so more". We took on billions in new debt, cutting employees is the only way to pay that back. Expect another one next quarter before the stock grant is given in October.


Stores without Beauty Merchandisers!!!

How’s it going in the stores without their beauty merchandisers?! Are the cosmetics associates doing the job? Visual captain?! Is stuff getting done?! Why would anyone think it was a great idea to cut them? If anything there should be a full time and a part time at every store! They’re important because they do a lot in 40 hours a week! Mind you, the pay should align better too.


Beverage Distributor Sale Threatens Corpus Christi Jobs

A beverage distribution company reached an agreement to sell its Texas operations. This sale could result in 90 local job losses. The potential layoffs are expected in June. Texas law requires 60 days' notice before potential mass layoffs. This notice protects workers and their families.

https://www.caller.com/story/money/business/local/2026/04/29/corpus-christi-layoffs-republic-national-distributing-company/89862541007/


North Thurston Schools Postpone Staff Cuts Amid Community Opposition

North Thurston Public Schools board paused proposed layoffs. This decision followed significant public outcry at a recent meeting. The district faced a $10 million budget deficit. Proposed cuts included mental health specialists and physical therapists. Enrollment decline and rising expenses contributed to the financial shortfall.

Lacey, Washington

https://www.theolympian.com/news/local/article315569243.html


Cognizant Commits Funds for Layoffs in Global Restructuring

Cognizant announced Project Leap, a restructuring program costing up to $320 million. The company allocated up to $270 million for employee-related expenses, including severance. This plan aims to realign operations for an AI-driven environment. Cognizant expects to achieve $200 million to $300 million in savings by 2026. The company also plans to hire over 20,000 fresh graduates in 2026.

https://www.peoplematters.in/news/business/cognizant-sets-aside-dollar270-million-for-layoffs-while-launching-global-reset-plan-49482


FreshRealm Files Bankruptcy, Over 200 Jobs Lost

FreshRealm, a large-scale fresh food production company, has filed for bankruptcy. This action will result in significant job losses. The company partners with Blue Apron. More than 200 employees are affected by these layoffs. The job cuts will occur at its Tracy production plant.

Tracy, California

https://www.cbsnews.com/sacramento/video/more-than-200-layoffs-loom-at-tracy-fresh-food-production-plant/


Marsden Services Lays Off 106 in Louisville After Contract Ends

Marsden Services is laying off 106 employees at its Louisville facility. The company's facility services warehouse permanently ceased operations. Layoffs are scheduled to begin on May 10. This closure resulted from a client terminating their contract. Affected employees are not represented by a union and do not have bumping rights.

Louisville, Kentucky

https://www.courier-journal.com/story/money/companies/2026/04/29/marsden-services-to-close-louisville-warehouse/89864202007/


NJCU Announces Staff Cuts Prior to Kean University Merger

New Jersey City University (NJCU) recently notified employees about potential layoffs or demotions. These notices followed the Middle States Commission on Higher Education's approval of a merger with Kean University. The university aims to address a projected $25-$30 million budget gap. This is a second wave of reductions, after 151 employees were cut in February. NJCU will become Kean-Jersey City University on July 1.

Jersey City, New Jersey

https://jerseyvindicator.org/2026/04/29/new-jersey-city-university-continues-layoffs-ahead-of-merger-with-kean-university/


KSC Clinics Closing

Anyone have any info on what KSC clinics are closing for good? I know our path of growth was too aggressive, but didn’t think closing clinics was the solution. I always assumed they would just do a hiring freeze instead of laying off WellMed employees they just onboarded within the last 6 months….Good luck to anyone who gets cut today. It is tough out there.


SNPS L5 - ISU cut by 45%

Since my ISU got a big cut, I’ve officially entered my "Linux Villain Era." I finally installed Ubuntu 26.04 and banned my work laptop from the house in the evening and weekends—mostly because I prefer my OS without a side of corporate heavy eavesdropping. If the budget is gone, my "extra mile" just hit a dead end.


KYC layoffs?

Seeking some verification regarding potential headcount reductions within TDKYC and the AML remediation project. Reports suggest that both full-time employees and contractors may be impacted as project phases conclude or as part of the bank's broader restructuring. Can anyone provide insight into whether these specific groups are currently in scope for layoffs?


AirMI carnage

Talked to a former coworker who has survived the carnage at AirMI. The breadth of layoffs on the technical team is breathtaking. Either the plan is to move airbag manufacturing overseas and ignore all of the IP-related arguments to keep production in the US, or the forecast for future airbag development and production is dismal for many years out. Either way, a team that was creative, talented, and nimble has been decimated and will never be the same.


Here’s some staggering layoff math for you…

In 2025 Nike’s seven highest paid executives were paid a combined $101,255,247.

If you assume the average Nike corporate employee in Beaverton makes $115,000/year, that means in 2025 those seven executives made the same amount of money as 880 Beaverton employees. Combined.

Remind me, how many Beaverton employees were or will be let go this week? Isn’t that number in the same neighborhood as 880?

Sometimes I wonder, “Why do facts like THIS never seem to garner the attention, and understandable anger, they deserve?” I mean, if those execs were simply paid half that amount they’d STILL be incredibly well-compensated and incredibly wealthy. And 440 jobs could have been kept with no net, negative outcome to Nike’s financial bottom line.

But that wasn’t a priority, was it?

Even now, those execs could voluntarily take a substantial pay cut as a gesture of good will towards those employees laid off and those who remain. But does anyone want to bet money on that happening? Yeah, I wouldn’t make that bet either.

There’s plenty to be mad about with these layoffs. Unfortunately most people will continue to ignore the gross, frankly disgusting pay inequity that - as I demonstrated above - had a direct and negative impact on hundreds of employees and the families who rely on those people.

If you aren’t fuming mad, you aren’t paying enough attention to the corporate looting that’s occurring right under your noses.


Advice for someone experiencing being laid off for the 1st time

Hi everyone, I was impacted in this round of layoffs. I'll spare everyone the s-b story but I was with the company for 15 years, which is almost my entire professional career, and it's my first time in this situation. I'd appreciate any advice

How do I know if my severance package is good? Should I get someone to review it even if it is good, just help me understand what the he-l all of the corporate jargon actually means?

When can I file for unemployment? Yesterday was my last day but that isn't my separation date. When I tried entering it, the unemployment site told me the separation date couldn't be in the future.


Florida Teacher Pay Stays Low Nationally

Florida's teacher compensation ranks 50th among all states. The National Education Association published this annual report. The state's starting teacher pay ranks 19th. Teacher wages increased 3.3% from 2024-2025 to 2025-2026. Low compensation leads to staff layoffs and fewer students.

https://floridaphoenix.com/2026/04/27/florida-average-teacher-pay-remains-at-bottom-of-national-data-union-says/


MTC Investigated for Graceville Layoff Notice Violation

Strauss Borrelli PLLC is investigating Management & Training Corporation (MTC). The investigation concerns a potential mass layoff in Graceville, Florida. MTC notified the state of its decision to lay off 259 employees on April 27, 2026. The firm believes MTC may have violated the federal WARN Act. This law requires 60 days' notice before such significant layoffs.

Graceville, Florida

https://straussborrelli.com/2026/04/28/management-training-corporation-warn-act-investigation-2/


Behaviour Interactive Denies Layoffs Linked to Union or AI Stance

Behaviour Interactive recently laid off approximately 40 employees. Rumors circulated online regarding the reasons for these layoffs. Allegations suggested the layoffs were due to unionization efforts or opposition to AI. Behaviour Interactive denied these claims, stating they were unrelated. The company explained the cuts stemmed from decreased demand for mobile and casual game development.

Montreal, QC

https://wnhub.io/news/hr/item-50700


Hershey Announces Further Job Reductions

Hershey has reportedly reduced its workforce for a second time in April 2026. The exact number of affected jobs remains unclear. Impacted non-unionized staff in Canada are seeking legal advice regarding their rights. Severance pay for these employees is determined by common law, not just internal policy. Workers are advised not to sign any severance offers immediately and to seek legal counsel.

https://stlawyers.ca/blog-news/hershey-layoffs-severance-pay/


Cognizant Initiates Workforce Restructuring for AI Future

Cognizant launched Project Leap to transform its operating model for AI-led delivery. This program involves investments in AI capabilities and workforce reskilling. It will also result in employee layoffs as the company shifts to an AI-led pyramid. Cognizant expects to incur $230-$320 million in costs, mostly for severance, in 2026. The company anticipates $200-$300 million in cost savings from this initiative.

https://www.thehindubusinessline.com/info-tech/cognizant-launches-project-leap-for-ai-led-future-signals-layoffs-and-reshaping-of-pyramid-model/article70921384.ece