#news

New Gold is laying off 85 employees. These layoffs are at the New Afton gold and copper mine. The C-Zone block cave project is mostly complete. The company states these job cuts are part of the project cycle. New Gold expects production growth at the mine for three years.

https://cfjctoday.com/2026/02/17/new-gold-laying-off-85-employees-at-new-afton-mine/

Garlock Flexibles will close two sites. These facilities are located in Massachusetts. Nearly 100 employees will lose their jobs. The company is a flexible packaging firm. Layoffs are scheduled to begin in late April.

https://www.plasticsnews.com/end-markets/packaging/pn-garlock-flexibles-closing-layoffs/

Its been a while since we came here but we are back. So ladies and gentlemen, what is the news?

Any news of layoffs within ECS tomorrow?

What’s up with onsemi selling machines , does it mean anything?

Main Street Sports Group announced the closure of its Minneapolis operations. This action will result in approximately 20 employee layoffs. The layoffs are scheduled to take effect starting April 14. FanDuel Sports Network North broadcasts Timberwolves, Lynx, and Wild games. The CEO stated that NBA and NHL broadcasts will continue as planned.

https://kstp.com/kstp-news/local-news/owner-of-fanduel-sports-network-announces-layoffs-in-minnesota/

I like how the news 9 article said nobody had been let go yet…

https://x.com/TheLayoff/status/2023851970017325106

it's trending...

I keep hearing that Archwell is going to buy the clinics in Florida? So there won't be anymore wellmed or optum clinics. Has anyone heard anything???

Something big is to happen in PI ?

https://www.uri.edu/news/2026/02/r-i-s-economy-has-disappointing-close-to-year-momentum-dissipated-says-uri-economist/

Georgia-based Janus International Group Inc. (NYSE: JBI) — which makes self-storage and commercial industrial doors, relocatable storage units and other storage facility solutions — is initiating a “mass layoff” at its facility at 8018 Breen Drive in Houston.

https://www.khou.com/article/money/business/houston-business-journal/houston-storage-facility-janus-layoffs/285-be4fef4e-e49b-4c78-937f-17938b8d795e

https://variety.com/2026/biz/news/warner-bros-discovery-paramount-skydance-board-bid-netflix-1236664163/?fbclid=IwdGRjcAQAELpleHRuA2FlbQIxMQBzcnRjBmFwcF9pZAo2NjI4NTY4Mzc5AAEedi07M5OTw_-C4AkreI9eONQXAhDT4y1e1dgY62kHS4qi-9-PloLepzKypjE_aem_9SNa7lxdHAvM5wtMgTJPTA

That much is clear right now. March is another story, though.

Has anyone heard anything regarding U.K. layoffs, RTO, pay-outs (similar to the U.S.)?
It's been very hush-hush abroad.

And right on cue ... the piling on begins:

https://rosenlegal.com/submit-form/?case_id=38139

"Rosen Law Firm, a global investor rights law firm, announces it has filed a class action lawsuit on behalf of purchasers of securities of Kyndryl Holdings, Inc. (NYSE: KD) between August 7, 2024 and February 9, 2026, both dates inclusive (the "Class Period"). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than April 13, 2026 in the securities class action first filed by the Firm.

According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Kyndryl's financial statements issued during the Class Period were materially misstated; (2) Kyndryl lacked adequate internal controls and at times materially understated issues with its internal controls; (3) as a result, Kyndryl would be unable to timely file its Quarterly Report on Form 10-Q for the quarter ended December 31, 2025; and (4) as a result, defendants' statements about Kyndryl's business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all times. When the true details entered the market, the lawsuit claims that investors suffered damages."

Any new changes?

The Los Angeles Unified School District has unveiled key elements of a $1.4 billion “fiscal stabilization plan” that also involves a reduction in force, which could mean job transfers or layoffs.

https://laist.com/brief/news/education/lausd-reduction-in-force-board-layoffs-plan-2026

Layoff notices will go to more than eight teachers and 24 other employees — including 12 instructional aides and eight counseling department staff members — in the Riverside school district.

https://www.pressenterprise.com/2026/02/13/riverside-schools-ok-more-than-30-layoffs-notices-for-next-school-year/

https://theweek.com/cartoons/5-calamitous-cartoons-about-washington-post-layoffs

ttps://the-mcclure-standard.ghost.io/lowes-new-rounds-of-layoffs-may-be-of-interest-to-the-sec/

WOW. Where are all the Ellison cheerleaders who were claiming that he was a super woke lib who was going to keep a huge distance from his Uncle Donald?

Seems pretty obvious that Davey made some promises (and surely some bribes) when he was at the White House, in exchange for government interference on his behalf.

https://variety.com/2026/film/news/paramount-skydance-hires-trump-lawyer-rene-augustine-svp-global-public-policy-1236662748/

Strong financial results reported same day additional layoffs announced 🧐

Only a day after Harley-Davidson's new CEO Artie Starrs relayed that he has a clear view of what needs to be done to rescue the legendary brand, there's a report that what the future holds are layoffs at the Motor Co.

https://www.rideapart.com/news/787052/harley-davidson-headcount-reductions-layoffs/

CBS News is considering a new round of staff layoffs. These potential cuts could affect at least 15% of its current employees. Editor in chief Bari Weiss aims to focus the news division on streaming video. The company seeks to produce more differentiated content for audiences. Discussions are ongoing, with a potential timeline for cuts between March and May.

https://variety.com/2026/tv/news/cbs-news-considering-layoffs-could-affect-at-least-15-1236661630/

The Paramount Skydance unit is considering a fresh round of layoffs, according to three people familiar with the matter, and the cuts could total at least 15% of current staff, marking the latest move by editor in chief Bari Weiss as she attempts to focus the news division on streaming video and presenting more points of view to audiences.

https://variety.com/2026/tv/news/cbs-news-considering-layoffs-could-affect-at-least-15-1236661630/

What’s wrong with Cigna? Against the trend?
Cigna laid off 2000 employees while other health care organizations added 82k jobs!

130,000 jobs added in January !
The January numbers came in stronger than the 75,000 economists had expected. Health care accounted for nearly 82,000, or more than 60%, of last month's new jobs.

https://www.pbs.org/newshour/economy/130000-jobs-added-in-january-while-labor-revisions-cut-hundreds-of-thousands-last-year#:~:text=thousands%2Dlast%2Dyear-,130%2C000%20jobs%20added%20in%20January%20while%20labor%20revisions%20cut%20hundreds,jobs%20cuts%20and%20new%20laws

Students and staff at The College of Wooster say they're worried about the trajectory of the institution following the announcement it was laying off 22 staff last week.

https://www.ideastream.org/education/2026-02-12/students-and-faculty-express-concern-about-layoffs-at-the-college-of-wooster

https://bringmethenews.com/minnesota-news/target-director-says-she-had-global-entry-voided-days-after-encounter-with-ice

I thought there wasn’t a correlation between layoffs and stock.

I see there were layoffs in several other countries this week, but nothing here, right?

Another. New. Low.
https://m.youtube.com/watch?v=EfkNvOOiZ_8

https://www.fortuneindia.com/technology/meet-the-pearson-boss-who-punctures-ceo-bravado/130226

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Is this some kind of joke? I've never seen more bravado from a group of leaders and their CEO in my career.

He may have less bravado than Elon, or Jensen, but he has less to no products people care about either.

World gone mad.

Another round of sla-ghter.

E.W. Scripps Co. is expecting to make layoffs in the near future as the company, which operates more than 60 local TV stations in the U.S., has embarked on a plan aimed at boosting adjusted earnings by up to $150 million over the next three years.

https://finance.yahoo.com/news/scripps-layoffs-loom-company-sets-161754967.html

Congdon Packing Company announced on Monday their plans for a mass layoff that will terminate approximately 102 employees by April 15.

The announcement was made under the Washington State WARN Act, and in compliance with the Securing Timely Notification and Benefits for Laid-Off Employees Act.

https://www.nbcrightnow.com/news/congdon-packing-company-to-lay-off-102-employees-in-yakima/article_89b089a8-4a48-404d-bbc2-0297056623f1.html

Who’s got the scoop? Spill the tea.