#layoffs

Some successful and tenured execs were on the chopping block. JM not surprised as possibly headed to retirement, but MG was completely unexpected. P-M coming up next week I heard so this is just the start.

Any news on this?

Artificial intelligence is creating a significant divide in the global workforce. Professionals with AI skills are seeing increased productivity and higher paychecks. Companies like Meta and Amazon are restructuring roles, with AI handling repetitive tasks. Human workers are left with high-order thinking, strategy, creativity, and empathy. This trend is leading to AI-related layoffs and job redefinition. Without proper reskilling efforts, this gap could become a major structural divide.

https://www.thehrdigest.com/ai-layoffs-are-creating-a-new-divide-in-the-workforce/

Are the rest of us now safe for the rest of the week?

My LinkedIn feed continues to see posts of good coworkers leaving on the own and the posts are increasing in frequency. CDW leadership is ki-ling what used to be a great company (those days are long gone). Leave now while CDW still means something on your resume.

Laurel Ridge Treatment Center is laying off approximately 648 employees. These layoffs will become effective on June 26. Federal officials cut the facility off from Medicaid and Medicare payments. This action followed findings of multiple safety violations. The Centers for Medicare & Medicaid Services will cease patient payments starting April 30.

San Antonio, Texas

https://www.ksat.com/news/local/2026/04/28/nearly-650-laurel-ridge-treatment-center-employees-to-be-laid-off/

The University of Texas at Arlington has laid off 49 employees. These layoffs occurred since June 1, 2025, across 14 departments. Financial strain from federal funding cuts and fewer international students contributed to the decision. A statewide tuition freeze also impacted university revenue. UTA is implementing other measures like buyouts and a hiring freeze for sustainability.

Arlington, Texas

https://fortworthreport.org/2026/04/27/49-uta-employees-have-faced-layoffs-since-june-2025-records-show/

UnityPoint is implementing a round of layoffs. These job reductions will not affect the Quad Cities Area. The QCA region will see no impact from these changes. Local UnityPoint operations are not included in the layoffs. Staff in the Quad Cities will maintain their employment.

Davenport, IA

https://www.kwqc.com/video/2026/04/28/unitypoint-layoffs-wont-impact-qca/

Closed earnings call May 7, originally scheduled for the 14th.
Dennis cokefest on the 14th.

So, June 19 exit for most of us left, right after the B-rup filing.

Nike's former CTO agrees with this LKDN post that Nike is divesting the wrong things.
These repeated cuts feel less like a thoughtful long-term strategy and more like a short-term push to satisfy board expectations and quarterly metrics. “Win Now” sounds more like reactive cost-cutting than a real competitive investment plan.

In plain English: Nike should stop overreacting with broad, random headcount reductions and instead focus on making strategic investments that strengthen innovation, technology, and long-term market leadership.

Cutting core capabilities, especially in tech during a digitally driven retail era, risks weakening Nike’s ability to compete, rather than positioning it for sustainable growth.

-- Here is the original post --
https://www.linkedin.com/posts/aalokrathod_nikes-win-now-strategy-is-starting-to-look-share-7454251646185996288-0mPs

Nike’s Win Now strategy is starting to look like a Cut Now reality.

Nike just cut 1,400 roles, mostly in tech.

Their official statement? It's part of their "Win Now" strategy to position for future growth. And I cannot stop laughing at the sheer audacity of that phrase.

You're firing your entire technology department during the most technology-dependent era in retail history, and calling it "Win Now"? That sounds like a surrender with better branding.

This brings Nike's 2026 total workforce reduction to approximately 2,175 employees when combined with the 775 roles eliminated in January, representing a staged approach to cost optimization that most FP&A teams recognize as "we didn't get the cuts right the first time."

When you do layoffs in multiple tranches within four months, you're not executing a strategy. You're making it up as you go. The tech department specifically? That's the department that's supposed to help you compete with lululemon's digital-first model and On's DTC dominance. But sure, let's cut those people because nothing says "future growth" like dismantling your competitive infrastructure.

From an FP&A perspective, this is textbook "optimize for this quarter's EBITDA, worry about revenue growth later." Which works great until your board asks why market share is hemorrhaging faster than your cost savings can offset.

And can we talk about "Win Now" as a strategy name? That's what you yell at your fantasy football team when you're down by 30 points. Real strategies have timelines, milestones, and don't require firing the people who actually know how your systems work.

The forecast model practically writes itself. Cut costs in Q2, miss revenue targets in Q4, announce "restructuring 3.0" in Q1 2027, rinse, repeat. Nike's not positioning for future growth. They're liquidating future capability to hit current-year numbers.

But hey, at least the PowerPoint probably looked incredible.

Our leadership may not be the best but they did pull us out of a difficult situation during Covid and have consistently helped SAP grow to even greater heights. Unfiltered has very low participation. So please participate in this survey as today is the last day. It really helps leadership make good decisions. And the leadership also saved everyone from layoffs as despite all rumors, there was no big layoff announcement. Do not forget to help SAP get to 100% trust in board. After all, we should reward our leadership for the great work they are doing despite difficult macroeconomic conditions and discontent amongst employees who do not want to work hard enough.

As expected from previous communication

Does anyone on here NOT want to be laid off? Seems like most everyone i work with WANTS to be, including me. It's kind of funny in a twisted way how we always joke around about it.

This information was confirmed by someone in the know. Anyone heard of other BUs doing layoffs or it will only be PI?

Think of someone you know that is extremely talented and experienced. Not the kind you look at and say “yeah, they’re pretty good”, but the kind you look at and wonder how they even do it. People of that caliber were let go today, so whatever happens, know it probably has nothing to do with your performance or you personally, it’s not your fault. Hold your head high and welcome the next chapter.

Heard on the grapevine Hugo is being moved to Parkmore Galway and the other Facility in Galway will be closed. A lot of good people will be on the chopping block. Every year there have been RIF’s but this year will be the big one.

Where did that thread go ? Someone in Band 5 posted and confirmed that they got the early heads up.. and official announcement on May 7th.
Why would layoff site delete layoffs related threads ?

Anyone know if home and community or house calls will be impacted?

I saw many people in my org get laid off. I am in Game.

Will they continue with more layoffs in the same team/orgs or will layoffs move to other teams ?

I'm hearing everything from "done tomorrow" to "weeks more."

200? 300 so far?

Given the bloodbath today, can’t imagine tomorrow will be any better, but a lot worse :(

Title basically. Hearing lots of people getting blasted today out of the blue. Anyone impacted?

Rogers Communications Inc. RCI-B-T +1.10%increase
is offering voluntary departure packages to 50 per cent of its employees, excluding Maple Leaf Sports & Entertainment, as telecom industry revenue growth has slowed across the industry and as companies look to shed costs.

To all those who are affected by layoffs this week, get through the call and take 24-48 hours to process. Don’t react poorly in the moment, nothing new gets decided on right there.

To people watching colleagues go: reach out to everyone you hear getting let go. Don’t “give them space”, just send some kind of warmth. It goes a long way.

Nobody is going to get mad at you for checking in, and it makes a difference.

For years now, every layoff round has taken either a core role or someone who was holding the whole team together. And nothing ever gets backfilled. No follow-up, no acknowledgment of the gaps. It's like leadership wants teams to fall apart. I get that they're just lazy number-crunchers, but even then, this makes no sense.

UK invites are already going out. Anyone know when other countries will follow? Please share whatever you're hearing.

Also some mgmt gone, so there's that. As someone pointed out, mixed bag this time.

So far I’ve only seen directors and lead engineers get the invite. Guessing the Jr engineers are up next today or tomorrow?

Anyone know if we’ll be part of the 4/30 exodus?

a. Innovation
b. CEO CFO VP PE swap in & out
c. Mass layoffs and more layoffs
d. Financial frauds
e. Corruption
f. Stock manipulation

"AT&T's Free Cash Flow Declined Significantly Last Quarter". Stanks plan isn't working. Plan for a dividend cut down the road. Eliminating jobs isn't the answer. The Board must take immediate action, but all they do is collect a fat check.

A lot of chatter around layoffs, but it seems that they are going to just starve out and fire folks in the B2B Mid Market space. Unattainable quotas, 30 day PIP process, calls for 75% of our time which limits finding real deals within our base. Over 22 years with the company, I cost more than most of my peers. I would be a natural layoff candidate. Would love to hang for a RIF, but I do not think they are ever going to let us go like that when they can get rid of us all free.

Anyone see it differently?

Seemed like there was a big wave in the morning, but has anyone received an invite in the last hour or so?

This is yet unoffical but there will be a meeting today with 3 upcoming news:

• everyone will be fired by the end of August and replaced with offshore employees (.not high management )
• company will be splited by 4 or 5 independent companies ( by region ) and FIS brand will disappear by end of this year.

Seems like they are going to announce it on the 12th, this may be a formality for more some ppl, but 5 of us were let go, and more to come.

In the Q1 Earnings press release (April 22, 2026), WAY down to the financial tables section titled: “GAAP NET INCOME TO ADJUSTED EBITDA RECONCILIATION” inside the table, you will see this line: “Workforce rebalancing charges”

And see the number is $0.3 Billion for 2026, same as 2025 for the 2 months ending in March 31.

Workforce Rebalancing Charges means a one time charges for laying off employees, closing facilities, or changing management.

If IBM continues to use an average cost of $150K per employee, then $300 Million translates into ~2,000 employees.

This is consistent with what they said in January 2026 at the 4Q Earnings call.

Here's the link to the 1Q Earnings press release:
https://newsroom.ibm.com/2026-04-22-IBM-RELEASES-FIRST-QUARTER-RESULTS?utm_source=chatgpt.com

All signs point to good results tomorrow with help from the blockade in the Straight of Hormuz. I’m sure we will say it is proof our strategy reset is working, and that we still have to make more “difficult” changes. Then cue layoffs announced around Q2 results. What does everyone else think?

Anyone got invite for tomorrow? I got one and its little scary for me.