Below are all the posts — topics as well as replies — that mention the hashtag #layoffs.
Mention #layoffs in your post to continue the discussion!
Binance co-chief executive Yi He announced no significant layoffs are planned. This stance differs from many tech firms cutting jobs. Binance instead prioritizes new hires and global expansion. The company aims to reach three billion users worldwide. Yi He views AI as a productivity enhancer, not a job replacer.
https://stocktwits.com/news-articles/markets/cryptocurrency/binance-ceo-says-no-large-scale-layoffs-planned-amid-ai-job-cuts/cZBdgYuRIzB
Mad Cave Studios recently laid off several employees. This included senior editors and marketing staff members. The company's president, Mark Irwin, cited the need for long-term health. He stated the changes allow for resilience and strategic investment. These layoffs follow similar staff reductions at Marvel Comics.
https://bleedingcool.com/comics/mad-cave-lays-off-editors-marketers-its-president-tells-us-why/
The Knight Cancer Institute recently eliminated 59 positions. These cuts primarily affected the Cancer Early Detection Advanced Research Center. The institute is shifting its focus from early detection research to cancer care. This change occurs despite a recent $2 billion donation. OHSU stated the donation was for new programs, not existing ones.
Portland, Oregon
https://www.wweek.com/news/health/2026/04/20/new-strategic-direction-layoffs-hit-portlands-knight-cancer-institute/
How many will be shocked?
It appears that layoffs may still be happening in pockets, even though the big waves of January and February appear to be over (for now). Are people seeing any examples of this over the past 2 months?
For example, our head of Marketing was let go. Not that we could tell you what he actually did or why he was in the job in the first place. It's just too bad that he got rid of some really good people in January before he was axed.
It’s been four days since someone in the last layoff thread. Someone asked for an update.
Either come with the goods or shut up.
More Wells Fargo layoffs announced in West Des Moines at Jordan Creek https://share.google/Zspmrf49AvKowXIaj
Bummer - PNC Bank Cuts 777 Jobs After Acquisition. Google it.
4/20/26 another round of big layoffs with BS answers
The record keeping, filing, personnel data correlation yada yada….is nowhere near technically complicated as a majority of roles. If AI can’t manage that, then you can forget it being able to handle anything more than that.
So, start there. Let HR go and let AI run with it. I mean what do they do anyway other than ignore your question and never get back with you. Why pay someone to do that when you can have AI do that as well for no pay.
So you have to layoff, great, awesome whatever….start with HR. Let that role be your AI proving ground.
Anyone have insight? I saw Germany was announced today.
Not because I want them, but because I want the waiting to be over. Even if I'm the first one out. The suspense has been unbearable, and no one can focus on anything anymore. Either way, good luck to everyone.
If you have reliable info, please share. Good luck to all.
Wall Street Journal: 4/19/2026 #WSJ 📰
Verizon’s Dan Schulman is all in on AI, but he warns that it is time for business leaders to acknowledge its disruptive potential.
For a big-company CEO with big AI ambitions, Verizon's [vz0.24% v
Dan Schulman doesn't pull punches about the pain the technology could unleash on America's workforce.
Just months into the job, he has predicted 20% to 30% unemployment within the next two to five years. He warns that advancements in humanoid robots could upend the manual-labor jobs still seen as safe today. And he has pushed for more education and reskilling to help workers adapt to the intensifying tech disruption.
Couched in the blunt AT talk is a warning for other CEOs: Be candid about the coming disruption, or risk a public backlash. “It’s a very difficult time, and everyone knows it is,” Schulman said in an interview with The Wall Street Journal. “So I think being authentic, being realistic, telling the truth, as best you can” is key. That belief, he said, is why Verizon created a $20 million career-transition and retraining fund for the “age of AI” when the company began laying off 13,000 workers last year.
Schulman's big picture has also included sweeping job cuts. The 13,000 #layoffs he announced shortly after his appointment
as CEO in October were Verizon's largest ever —but necessary to make Verizon more efficient, he said. Altogether, he is seeking to cut $9 billion in costs. Verizon has said its #layoffs weren't related to AI.
The carrier was "too hierarchical, way too bureaucratic, way too process-oriented as opposed to outcomes-oriented," Schulman told investors at a Morgan Stanley (M5100% ) event last month.
In meetings, he has repeatedly told Verizon staff they must embrace AI, describing it as core to the company's future. He used it himself to comb through some He used it himself to comb through some 8,000 responses after asking employees how he could reduce bureaucracy, he said.
Schulman's embrace of Al goes deeper than cost-cutting. He envisions a company wholly reshaped by the technology, from improved customer service to more personalized options for
consumers.
And he has encouraged staffers to talk to their children about Al at the dinner
table. In one all-hands, Schulman recommended that staff ask Al to write their obituary to see how the technology works and how it frames their lives. He
has also invited staffers to experiment with AI by writing poems to their loved ones. (He said he has done the same for his wife.)
Some employees responded by using Al to write poems for Schulman-and they weren't bad, he said. ~
https://www.wsj.com/tech/ai/the-ceo-preaching-straight-talk-about-ai-and-job-losses-a3aaaaf1?
If your team was already impacted by layoffs in Feb, is there a chance to be impacted again next week?
Forgive my ignorance, but this is my first layoff, so I’m not really sure what the procedure is. This is what I’ve gathered so far:
We will receive the WFH email on Friday. Then on Monday morning, those being laid off will receive an email. Within 15 minutes, their system will be locked. After that, they will receive 2 months of paid leave and after that severance, which is correlated to how long you’ve worked at Nike.
Just trying to prepare as needed since this market is awful.
Cardamom restaurant laid off its front-of-house staff. Workers received an email about the layoffs a week ago. The restaurant will now use QR codes. This change eliminates the need for certain staff positions. Former employees are now picketing in response.
https://www.kare11.com/video/news/local/former-cardamom-workers-picket-after-sudden-layoffs/89-fb59e034-34c6-47d7-a1b1-1b787438ebc3
SAIT is cutting 30 permanent faculty positions in 2026. The institution faces serious financial challenges. These include a decline in international student enrollment and a provincially-implemented tuition cap. For non-unionized employees, a layoff is typically considered a permanent termination. Affected staff may be owed significant severance pay based on common law entitlements.
https://stlawyers.ca/blog-news/sait-layoffs-severance-pay/
Iron Galaxy Studios announced new layoffs. The company is reducing its size due to industry changes. Up to 90 employees could be affected by this decision. This follows a previous layoff of 66 employees last year. The studio aims to adapt to current market conditions.
https://gamingbolt.com/iron-galaxy-studios-announces-layoffs-potentially-affecting-90-employees
PNC Bank will lay off 777 employees. These employees previously worked for FirstBank. The layoffs affect staff in Colorado. This action follows a recent acquisition. The bank is consolidating its operations.
Colorado
https://www.bizjournals.com/denver/news/2026/04/20/pnc-firstbank-acquisition-layoffs.html
eBay is closing its San Francisco office. Operations at 300 Mission Street will end by September 30, 2026. The company aims to streamline operations. eBay cut 800 global jobs earlier this year. Some San Francisco employees will relocate to the San Jose headquarters.
San Francisco, California
https://www.msn.com/en-us/money/companies/e-commerce-giant-shuts-down-office-as-layoffs-rise/ar-AA21c6pL?ocid=finance-verthp-feeds&apiversion=v2&domshim=1&noservercache=1&noservertelemetry=1&batchservertelemetry=1&renderwebcomponents=1&wcseo=1
Dozens of former Northern Metal Fab, Inc. employees are suing the company's owners. They allege abrupt layoffs occurred without proper notice. Employees also claim they were not paid final wages or unused vacation time. Their health insurance was reportedly canceled despite continued premium payments. The company plans to file for Chapter 7 bankruptcy due to financial viability issues.
Western Wisconsin
https://www.cbsnews.com/minnesota/news/wisconsin-metal-plant-employees-sue-owners-over-sudden-closure-layoffs/
Green Bay Converting announced layoffs following a recent warehouse fire. Fewer than 35 of its over 200 employees are affected. This is due to the time needed for operations to return to normal. Equipment cleaning is over 50 percent complete. The company hopes to restart some production within 60 days.
Green Bay, Wisconsin
https://www.wbay.com/2026/04/20/green-bay-converting-expects-layoffs-after-fire-hopes-restart-production-by-mid-june/
Replimune Group, Inc. is facing significantly more layoffs than initially reported. Between 161 and 224 Massachusetts employees are affected. This follows the FDA's second rejection of its lead cancer treatment, RP1. RP1 was an experimental therapy for advanced melanoma. Layoffs are occurring at facilities in Woburn and Framingham.
Woburn, Massachusetts
https://www.masslive.com/news/2026/04/mass-biotech-company-facing-between-161-and-224-layoffs-after-fda-rejects-dr-g-for-2nd-time.html
Timberland Regional Library reversed most planned staff layoffs. The union announced this significant change on April 15. Thirty-six involuntary layoff notices were rescinded. Eight probationary employees will still be laid off. The library system faces budget issues and seeks a levy lid lift.
Tumwater, Washington
https://chinookobserver.com/2026/04/20/library-union-says-most-trl-layoffs-have-been-reversed/
Can we stop with the PAC emails? Unless they are advocating changing laws for fewer layoffs.
Anyone hear anything about cuts in AML?
So now we have a "Panel Manager" role who gets paid 120k per year to literally take a number from a performance report and put it into an email because directors and field managers arent competent enough to monitor their teams performance on their own. 750k per year spent on a team of secrataries to spoon feed directors data from the same reports they have access to. No wonder we have to layoff other roles.
Overall: Negative sentiment centered on job security, leadership trust, and workplace consistency
BNY employees increasingly describe changes that align with the AI‑driven cost‑reduction strategies McKinsey promotes to large financial institutions.
The most visible shift we see is the steady automation of repetitive, rules‑based work that RV brags about in the media — onboarding, KYC refresh, reconciliations, service requests, and exception routing. Employees report that tasks once handled by full teams are now processed through AI‑enabled workflows, reducing the need for manual roles and shrinking job families.
Decision‑support AI is also reshaping middle‑skill positions. Workers note fewer analyst roles, broader spans of control, and more “AI‑assisted” oversight, which mirrors McKinsey’s recommendation to streamline mid‑tier functions by embedding intelligence into platforms rather than people.
The Platform Operating Model (P-O-M) accelerates this transition. Employees describe work being standardized, centralized, and moved offshore once AI reduces the skill threshold required. This matches McKinsey’s model: automate first, relocate second.
The impact on employees is becoming clearer. Career paths in legacy operations, service, and processing roles are narrowing as automation absorbs institutional knowledge and reduces the value of tenure. Job security is declining in functions where work can be digitized, offshored, or both. New roles are emerging in AI governance, data quality, and exception management — but not in volumes that offset reductions.
Employee reports consistently reflect the same conclusion: AI is not just a tool at BNY; it is a restructuring engine.
It sounds multiple offices will be closed. Will they cut ppl in these office in the next step?
Execs won.
Nothing else matters. Morale, retention, long term goals. The mandate was $200 at any cost and they did it.
Expect them to accelerate the pain because the market loves it.
HR is questioning my 10 day bereavement that I took last month. Is this normal or should I be worried that they are looking to include me in the next round?
BNY Mellon’s transformation now resembles a tightly coordinated execution of the McKinsey cost reduction playbook, and employees on TheLayoff.com have been documenting the pattern in real time.
What appear to be uncoordinated, isolated decisions — RTO pressure, minimal merit increases, shrinking teams, selective backfilling, and quiet office closures — align directly with the consulting frameworks used to drive sustained operating expense reduction. This is all by design.
The Platform Operating Model (P-O-M) is the structural engine behind this shift. By standardizing processes, consolidating technology, and centralizing work into platform hubs, P-O-M enables organizational delayering, automation, and location strategy at scale. Employees describe this as work being “platformed,” automated, or reassigned to lower cost regions, particularly Pune.
International labor laws also shape the strategy. In the U.S. and U.K., strict notification rules, severance expectations, and WARN Act thresholds make large layoffs expensive and highly visible. In contrast, offshore hubs operate under more flexible labor regimes, allowing faster scaling, easier restructuring, and lower long term cost commitments. This is why employees increasingly observe that even offshore roles are not permanent; as the cost model scales globally, work continues migrating to the lowest cost compliant jurisdiction available.
RTO, low raises, and real estate consolidation are deliberate levers within this model: RTO increases voluntary attrition, minimal wage growth suppresses labor cost inflation, office closures reduce fixed costs and concentrate work in platform hubs.
The TheLayoff.com threads reflect this architecture in motion — “stealth layoffs,” “jobs shifting offshore,” “constant reorganizations,” and “RTO used as a filter” — all consistent with a long horizon, platform driven cost transformation strategy.
Was told today by Market Manager (my old store manager ) Flooring Specialist going away .
Now that the Tariff refund portal is open for the as-deemed unconstitutional, "Liberation Day / Reciprocal Tariffs" from a year ago, Canon USA will be fully eligible for likely hundreds of millions in refunds for all the imports from Japan. We know those refunds won't go to the end users (because only Costco is apparently doing that). But the question is, will the employees see any of that? Or will it all just go into Canon coffers as backdated profits to make the shareholders happy?
Sadly, I think we know the answer...
Chairman meeting told union reps they're coming soon. Confirmed by General Foreman. Not sure what shops and crafts will be effected.