#layoffs

I worked for MBP, including weekends when required. However, I received a sudden call from the TPO team and was informed that my role was being made redundant. I was laid off recently.

We have managers who have no idea what they're doing yet they insist on micromanaging every step of our work. You can just imagine how well that works out. To say it's counterproductive would be an understatement. Lay off all the useless managers and see productivity skyrocket.

Ouch. I am fairly sure Fiserv still retains the largest build out for IBM.

Cost of HSI is more than the revenue it generates. 3% HSI customers occupies more than 50% of network capacity.
Hence more layoffs to reduce overall costs.
Stock price stays high bcoz the volume is low average daily is less than 1/10th volume of Verizon or AT&T.
Markets are getting tricked but will this continue?

https://abc11.com/post/frito-lay-close-raleigh-warehouse-off-70-workers/19502599/

This will be a giant black (or brown in his case. . .) mark on the AK regime. Thankfully, there's no way they can keep AK in-charge for much longer after this historical disaster.

https://www.wsj.com/finance/stocks/ibm-shares-sink-18-on-earnings-warning-d115d564

Weakness in infrastructure arm was worse than anticipated, as clients shifted spending to hardware and memory

By: Robbie Whelan and Robb M. Stewart |
Updated July 14, 2026 10:52 am ET

International Business Machines shares sank as much as 25% in morning trading after the company issued a profit warning citing a shift in customer spending from software to AI hardware and memory chips.

IBM said the performance of its software and infrastructure business fell short of expectations in the second quarter, and the company didn’t react quickly enough to changing market conditions. Tuesday’s share decline was the largest intraday percentage decrease for the company on record.

Chief Executive Arvind Krishna said in a letter to investors that the weakness in IBM’s infrastructure arm was worse than anticipated, driven by a shortfall in demand for the z17, the company’s flagship enterprise mainframe designed for the artificial intelligence age. The company expects infrastructure revenue to fall 7%, after previously anticipating a low-single-digit decline.

The rapid rise of AI caught makers of memory chips, especially the building blocks of high-bandwidth memory known as DRAM and the short-term flash memory known as NAND, off guard. That led to a capacity crunch that has pushed up prices on a wide variety of products—from laptops and gaming consoles to AI data-center servers—as much as 20% to 40% over a short period of time.

Big enterprise customers like banks—a core customer base for IBM—are particularly susceptible to fluctuations in chip prices because they buy an enormous amount of computing power from cloud companies to run in-house tools.

Consumer-facing companies are also feeling the crunch. Apple CEO Tim Cook recently said price increases for its devices, including the iPhone, were unavoidable. “There’s less supply at a time when consumers want devices and the memory guys are passing along huge price increases,” Cook told The Wall Street Journal in an exclusive interview.

IBM said it plans to report revenue of $17.2 billion and adjusted earnings of $2.93 a share for the June quarter. Both figures are short of analysts’ expectations of $17.9 billion and $3.01 a share.

Its pretax income margin is expected to have contracted 90 basis points, to 14.4%.

IBM is scheduled to release its official second-quarter figures next week.

Krishna said that in the past few weeks of June, clients shifted their quarterly capital expenditures toward servers, storage and memory to secure supply-constrained infrastructure ahead of anticipated price increases.

“While we anticipated some supply chain-related impact in our expectations, we did not anticipate the magnitude of the capex reprioritization,” Krishna said.

“These conditions require our teams to execute perfectly, and this quarter we faltered,” Krishna said. He explained that IBM didn’t adapt and move quickly enough, and a number of large deals failed to close on the timelines expected.

“IBM got hit with a triple whammy,” Emarketer analyst Jacob Bourne said in a note to clients Tuesday. “The AI buildout is concentrating capex in hardware like memory chips and diverting spend from software and services. Markets are going to punish legacy players showing signs of losing ground in the AI race.”

Bourne predicted that as more customers shift away from software as a service to more enterprise AI, investors could see more quarters like this one: “But I think it’s a disruption story, not necessarily an extinction one for legacy software companies. Spending patterns will shift from the present focus, and the vendors that adapt their products to the changing market will stay competitive.”

Majority of the Band 5 are impacted. Brace for more than 50% impact on the rest of the group.

Just got word Thursday is a go, however my leader had no word who's impacted. I'm in CP on the retail side. Good luck and may the odds forever be in your favor 🤞

I've seen people starting to relax because they think the layoffs are winding down. That's a mistake. If you look at what's actually happening, it's pretty clear that we're not done yet. Anyone who thinks we're close to the end is going to be very surprised.

It's pretty obvious that Ramon and his team have no clue what they are doing. It's only a matter of time before the company is broken up. Frito can probably be sold off to either Dow Chemical or DuPont since they are all Chemical companies.

Heads up

3M leadership, listen up. You’ve let go most of the experienced, knowledgeable employees who built this company, stripping away decades of institutional know-how. You’re bringing in outsiders for top leadership roles while longtime insiders get pushed aside. And “Everyday Excellence” looks a lot like a system designed to weed out the overworked people still carrying the load after all the layoffs. On top of that, the new CEO is sitting with weak employee approval ratings around 47%.
If you don’t change course quickly, the risks are real and severe. Innovation will dry up without the people who actually know how to create and solve tough problems. Top talent will keep walking out the door, leaving a hollow operation behind. Quality will slip, mistakes will multiply, and liabilities will grow even worse. Culture and morale are already tanking, which ki-ls execution. Competitors who keep their edge will start eating your lunch in key markets. Short-term margins might look fine for now, but the long-term damage to performance, reputation, and shareholder value will be brutal.
Time to stop the bleeding. Respect the experience that built 3M, fix the disconnect with your people, and make real changes before it’s too late.​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​

Seems like yes layoffs are coming at some point based on what Lanell is saying. A lot of language around "roles shifting" and that "decisions will be made as we learn more"

Between that and AI this company is really trying it's absolute hardest to run itself into the ground.

It's stunning to see longtime employees, people who dedicated their careers here, get pushed out with no consideration. And now there's so much more to come. What happened to this place?

I learned the hard way that leaving wasn't the solution I thought it would be. I ended up in the same mess but without the seniority I'd built up. Make sure you truly know what you're leaving for before you jump ship, is all I'm saying.

I keep hearing that future severance packages might get cut. Is that actually likely? The current terms seem reasonable to me.

Twenty-six employees of Meta Platforms have filed a novel lawsuit accusing the tech giant of using AI-powered software that disproportionately targeted people with disabilities ‌or who took medical leave in selecting workers for mass layoffs.

https://finance.yahoo.com/technology/ai/articles/meta-used-ai-target-workers-135207675.html

With today's announcement of four days in office, it's time for some of us to leave. Has anyone had luck finding remote positions?

I keep wondering what the next round of changes will bring. More layoffs? Reduced hours? Title eliminations? Anyone have any insight?

I'm at my breaking point. We're constantly losing people, never getting replacements, and the work just keeps coming. It's starting to feel hopeless that things are ever going to improve.

Why

Are a lot of people taking it?

Anyone the it will offered again?

What’s the Reorg look like after?

We are being asked to do review. Is this a precursor for identifying people to put on layoff list? Looking for intel.

I still think this is way too high though. With the current debt, and forthcoming AI apocalypse, this stock is worth $1 !!!!

Got a phone interview scheduled with another company for this Friday afternoon. The position is with a local oncology clinic. Starting pay pretty dang close to what I make now after ten years. I didn't take the VSP, and obviously haven't been notified if my position within EBOS is being cut as I guess that's supposed to happen within the next couple of weeks or so. But with all that going on in CC with seemingly no positive changes on the horizon, it might be wise for me to, in the famous words of Cobra Kai, "strike first." What do y'all think?

Somehow I am seeing that Dell is doing very well financially, their stock and value is the highest it's ever been, same about revenue. Otherwise I am worrying about the constant layoffs I have seen

I am currently interviewing for a Inside Sales Associate role in the NGSA in Hopkinton, MA and would love to hear some insights. Would you take the role if given?

One of the last rats off the ship or is he sick of leading the rudderless ship? Almost nothing from the c suite and every major position has left the last six months.

No wonder it feels like no one’s driving this ship, except the CIO lighting money on fire with all these new applications and projects that have gone nowhere

but does anyone ever see Kate J come right out and address the many layoffs over the past few weeks, or just continue to RIF more workers every month until she feels the time is right to sell off the remaining parts ?

Funny how “Impostor Syndrome” keeps trending on LinkedIn, as if the real impostors aren’t sitting comfortably in the executive suite polishing their mission‑statement buzzwords. Our Lake Mary Site Lead waxes and wanes almost daily on LinkedIn about personal growth and his random musings on overcoming self‑doubt, meanwhile TheLayoff.com reads like a Greek chorus calling out leadership that’s overstayed its ethical visa. But sure—let’s all meditate on our inner saboteur while the EC perfects the art of staying in the room long after the moral fire alarm went off. Let’s focus more on our personal shortcomings while leadership turns up the midyear gaslighting campaign to identify a new collection of layoff victims.

It’s interesting, really. Employees twist themselves into pretzels wondering if they’re “worthy,” while the folks steering the ship can’t find the compass, the map, or apparently the exit.

If impostors are defined by those who shouldn’t be in the role, the syndrome isn’t in the rank‑and‑file—it’s upstairs in 240G, thriving, well‑compensated, and oddly immune to self‑reflection.

But hey, personal growth is important. Just not that personal, apparently. Give it a rest, James.

Out of nowhere one of the VPs in OCI was let go and the team under him have no clue what’s going on. It’s this standard practice?

Conduent layoffs July and August 5 states

On the dreaded 7/16, will Customer Service / tech on the front line and or Case Mgmt be impacted?? Please share any details if known..

Oracle is very poor in its operations. The management is filled with oldies who don't know how to steer . Every one travels like they boarded a flight or train rather than sitting in driver seat. Need lots of layoff at the top. All EVP's, VP's, Senior Director roles need to be evaluated for transformation they did for the company in past 3-4 years and be removed if not.

All through my years I was just delivering something for Oracle based on company /team requirements from top. Most of these are non-innovative, mundane, repetitive tasks occupying my time, energy, efforts. I have done some valuable things but are not rewarded for those. I was happy with 2% increments.

Here is the problem, your friends in other companies are seeing hyper growth for what you are doing now. Even in small company they grow big and paid more.
Its a hare and tortoise game. We run fast and want to rest in shade of Oracle tree thinking management directions will help us grow and move forward. Where the tortoises are winning.

Oracle is/has become a Political Junk yard.

Next week there is an ice cream social in Hop. They laid off thousands of people with a stock price of over $450 a share. They’re going to lay off more people in August and Nov.

They’re going to give you an ice cream social. If you are reading this and are in Hopkinton, don’t go. F*ck those guys, they’re the most greedy little pr!cks I’ve ever seen in my life.

Everything went to sh!t once Arthur took over.

They can’t placate us with ice cream. Think about how insulting that is for a second.

Not a bonus, not an increase in your salary for doing great work, not stock, but F*cking ice cream.

Show them your disgust. Don’t go.

Warnings of Earnings miss.

IBM shares slipped double digits in premarket trading after the firm released preliminary second-quarter results that fell short of expectations.

CEO Arvind Krishna blamed the shortfall on weakness in the software and infrastructure business because clients shifted money toward hardware purchases like memory chips.

Nordic Veneer has ceased operations at its Roseburg facility after 72 years in business. The company's final production day was July 2nd, leading to the layoff of most of its approximately 55 employees. Plant Manager Bayley Adams cited intense international competition and rising wood supply costs as significant challenges. A major blow came in April when a primary buyer, Roseburg Forest Products, stopped purchasing their veneer. The company is now considering selling the facility or waiting for a more favorable market.

Roseburg, Oregon

https://www.opb.org/article/2026/07/08/nordic-veneer-closes-mill-in-roseburg-after-more-than-72-years/

Brookshire Grocery Company is closing four of its stores this month. The affected locations are in Ashdown, Arkansas; Rayville, Louisiana; Winnfield, Louisiana; and Grambling, Louisiana. These closures follow an evaluation of the company's retail footprint. Employees have been offered positions at other Brookshire stores. Customers can still redeem fuel points at remaining locations.

Ashdown, Arkansas

https://www.the-sun.com/money/16668080/brookshire-closing-stores-arkansas-louisiana/