I've heard that only sales will have layoffs, all the "new way of doing business" is all sales related.
Other orgs won't be getting cut
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I've heard that only sales will have layoffs, all the "new way of doing business" is all sales related.
Other orgs won't be getting cut
A reliable source mentioned that there will be a radical shift or shake up in healthcare and managed accounts. Getting rid of lots of dead weight employees and removal of on site techs and managers, as to reallocate them for other purposes. Information is coming in slow and in bits and pieces. Beware.
Bungie announced a company-wide reorganization on June 25, 2026. This reorganization includes 292 job cuts at its Bellevue headquarters. Separations for affected workers are expected to begin July 9, 2026. The studio stated that Destiny 2 fell short of expectations. Bungie is reducing its size while future projects are in early development.
Bellevue, WA
https://downtownbellevue.com/2026/06/25/bungie-layoffs-downtown-bellevue/
Bungie implemented new layoffs. The studio cited a broader reorganization. Sony's CEO confirmed cuts impact Destiny and Marathon teams. Bungie acknowledged Destiny 2 underperformed. This represents another staff reduction under Sony.
https://www.gameshub.com/news/news/bungie-announce-layoffs-after-destiny-2-enters-maintenance-mode/
Cybersecurity company Snyk announced its fourth round of layoffs. Approximately 90 employees worldwide and in Israel were affected. The company is reorganizing to accelerate its focus on AI security. This strategic shift aims to simplify its structure and leadership. Snyk faces industry-wide challenges and declining valuation.
https://cybernews.com/security/snyk-cuts-jobs-focus-on-ai-security/
Is anyone else hearing that July 7th is the "reorg" day?
Serious question: what are the repercussions of gutting UM staff if we are expected to meet TAT or face penalties??
Diageo conducted substantial layoffs across its North American organization. This marks the second round of cuts in as many months. The reduction in force also functions as a sweeping reorganization. Remaining employees are directed to adopt a 'Bigger, Better, Fewer' approach. The company aims to retool big-time brands for the United States market.
https://www.fingers.email/p/at-diageo-more-cuts-reveal-drastic-reorganization
This clown really writes this end of day, while they leave executives and senior management in place with absolutely no clue of what they're doing, canning some actually decent people today who were helping the organization which they canned on a whim. We hear nothing from this guy and this is the first thing that comes from this useless guy after the last useless CTO leaves.
Team:
This isn't an easy note to write, but I want to be transparent and open a dialogue with this team. Earlier today, a small but targeted number of colleagues learned that their roles in our technology organization were eliminated. These were not performance-based decisions. These are people who have given real effort to this organization and I want to acknowledge that as well as share with you the context behind my decisions.
If you are reading this and your role was not impacted, I want you to know: I do not take you for granted. And if someone you respect and have worked alongside every day is leaving FIS today, I want you to know: I did not take that lightly.
The structural changes we're making - moving work closer to engineering teams, embedding agile practices and technical product ownership where delivery actually happens, and integrating documentation and performance work into our normal delivery model - are the right moves for where we need to go. But right moves can still be hard moves. When we reduce coordination layers and consolidate how work gets done, I know there are real people behind those roles who have contributed meaningfully to this organization.
I want to be specific about what changed and why, because you deserve that clarity:
Agile coaching is moving from a standalone function into the product and engineering teams where those practices now live day-to-day. The discipline isn't going away - it's becoming part of how we work, not a separate layer.
Technical product management is being realigned to engineering teams so ownership sits closer to the teams building the product, with leadership layers removed to reduce handoffs and improve speed.
Documentation and performance work is moving into engineering as a core part of delivery.
These are targeted changes. The vast majority of our technology colleagues are not impacted and their day-to-day work continues. But I know that when people that you have worked alongside are suddenly gone, it affects you - regardless of whether your own role has changed. If someone in your team or in your network was impacted today, take a moment to reach out. Their work mattered.
I know this can be difficult. But the platform we are building - an AI-first, resilient, scalable technology organization - is not a future-state aspiration. It is the work in front of us right now. And the talent in this organization is more than capable of building it.
I will be holding a town hall to answer your questions directly. Your leaders have resources to help you navigate this transition and I've asked them to create space for open conversations as well.
Thank you for your commitment to this work.
Don Duet
iHeartMedia is preparing for a new round of layoffs. The company plans to implement a "faster is better" strategy. This strategy involves structural changes within its Programming organization. Existing positions will be impacted by these changes. The exact size and scope of the layoffs remain undisclosed.
https://barrettmedia.com/2026/06/23/iheartmedia-enacting-round-of-layoffs/
TrueCar cut 30% of its workforce today. This action followed the company going private last month. Founder Scott Painter led the $227 million acquisition. He also rejoined TrueCar as chief executive. New leadership reevaluated operations before these layoffs.
https://www.autofinancenews.net/allposts/risk-management/truecar-lays-off-30-of-staff-amid-reorganization/
Executives in my space keep taking about July 1 as if it’s a giant reorg day. It is definitely implying layoffs in RMO. Anyone else hearing it? I thought it might be a new CEO but they did that last week. Probably too late to do anything other than step up the job search.
we had a huge onsite then my vp lost his job. reorg already done under Brenda and MED. VPs gone, sr dir gone, MED gone. how many leaders are being cut next under Barsam's new vp from ny?
Xbox executives depart while Compulsion Games shuts down
Corporate leadership changes rarely come without internal shakeups, reorganizations, and layoffs, and Xbox appears to be going through that right now.
https://mashable.com/tech/microsoft-xbox-game-studios-layoffs-compulsion-shut-down
Anyone else feel like we’re no longer transforming the business, we’re transforming the transformation?
New LOB leaders. New-old CTO. CDO gone. Buyouts. New operating model. Morale in hospice.
At this point, the org chart has changed more often than the stock price.
But don’t worry. Reorg #7 is definitely the one.
Artlist, an Israeli creative technology company, plans to lay off approximately 200 employees. This reduction represents 40% of its 500-person workforce. The company attributes the layoffs to a strategic reorganization towards an AI-native operating model. Artlist aims to become a flatter, faster, and more autonomous organization. These changes occur despite the company surpassing $300 million in annual recurring revenue and achieving 50% year-over-year growth.
https://www.calcalistech.com/ctechnews/article/xrqudqiq6
If Kodak was able to go through bankruptcy and reinvent itself so can Xerox. Just remember, Kodak in its hayday had 145,000 employees, today it has 3,500.
I’ve been in enough high-level meetings lately that I can’t shake an uncomfortable feeling. I’m not saying the company is doomed. I’m not saying tomorrow is the end. But I am surprised more people aren’t talking about some of the warning signs. When every conversation becomes about cost cutting, reorganizations, efficiencies, and “doing more with less” while long-term investment, innovation, and employee confidence take a back seat… it’s hard not to wonder where this is headed. Maybe leadership has a bigger plan that isn’t obvious yet. I hope that’s the case. But sometimes companies don’t collapse all at once. They slowly drift there while everyone convinces themselves the next quarter will fix everything. I could be wrong, and I genuinely hope I am. But if people in the room are uneasy, perhaps it’s time to start having honest conversations instead of pretending everything is business as usual.
BlackRock Inc. reduced its workforce by nearly 200 people. This reduction impacts less than one percent of its global staff. CEO Larry Fink prefers ongoing, smaller workforce adjustments. This represents the fourth reduction in staff over 18 months. The company is reorganizing after years of growth and acquisitions.
https://finance.yahoo.com/markets/stocks/articles/blk-stock-blackrock-reportedly-cuts-002716602.html
Belleville Public Schools approved a district reorganization plan. This plan includes 28 layoffs and over 30 staff transfers. The district faces a $4.6 million budget deficit and reduced state aid. Critics argue the changes will harm support for multilingual learners and mental health services. Superintendent Erick Alfonso defends the plan as necessary to meet financial targets.
Belleville, New Jersey
https://www.nj.com/education/2026/06/nj-school-district-just-cut-28-jobs-and-slashed-help-for-immigrant-kids.html
With the recent reorganisations, layoffs, and an increasingly demanding workload, my motivation to attend this year’s SKO event is quite low. Also the late evening sessions and a gala dinner that runs late, makes it a long and exhausting day.
Given the effort involved in attending and also need to be present in office next day is not worth the effort and time wasted. I would rather use that time wisely, especially since it feels like a better balance for me right now.
Confirmed! New reorganization is coming in July with more layoffs. Sales is impacted now. Good luck.
One of the BU had a huge reorg, do we know what the reason is, lots of engineers got shuffled around
reorganization fired the first day !
I’m just reflecting on UKG post July 2024 RIF and the downward spiral that I’ve watched this once unicorn company go through.
What did I miss?
What is happening to this once unicorn company?
UKG is in shambles.
How do I convince leadership to let me go back to my old role/team instead of laying me off? I have been moved around to so many times in the last few years, I’d really like to go back to what I was doing prior to all the re-org’s. Also, does anyone know if HR will offer a lower position in another are vs. laying someone off? I really don’t want to get laid off (despite all the trolls on this site) and willing to take a lower job.
Everyone talks about Dell’s stock run and AI growth, but almost nobody talks about the long-term cost of the nonstop restructuring.
The recent numbers are pretty staggering:
• $227M spent on severance in just 13 weeks
• Another $242M already reserved for future severance payouts
And that’s only a small snapshot in time.
When you zoom out and consider the estimated 70,000+ employees impacted over the last 5–6 years, the total severance costs across all these layoff cycles could realistically be in the $2–3 billion range.
That’s an incredible amount of organizational churn that rarely gets discussed publicly.
Wall Street may reward efficiency, but these repeated cuts also come with major hidden costs:
• loss of experience and institutional knowledge
• employee morale damage
• constant reorg fatigue
• disruption to customers and internal teams
There’s a very different story underneath the headlines and stock price.
Layoffs are expected to accelerate this near into next as the company shifts to AI. Several "reorgs" in waves to be expected according to insiders close to SF. Interest rates are not coming down as quickly as expected and this is putting pressure on not being able to refinance the debt load at lower rates as wages pressures and benefit costs accelerate.
A new RIF appears to be in the works. VPs and above are holding all-hands meetings with Samantha at The Ridge in mid-July. With the ongoing Frontier integration, major reorganizations are expected, along with anticipated RIF activity beginning in Q4. This is expected to be a significant shake-up affecting employees across all bands.
I'm seeing some linked in posts where people are 'so excited to announce I'm taking a new position as a director in Fidelity blah blah ' where they were formerly VPs. Of course one in particular I saw scrubbed that gleeful vp announcement from 3 years ago from his linked in page. Are there people who took demotions to stay in lieu of getting $hit canned or is this some sort of universe correcting reorg?
You have heard
1/3 of employees at EMHC
1/3 of employees at BTC
1/3 of employees at sites
What you haven’t heard is what percentage of employees at EMHC and sites will be from the BTC.
CAS + CRM = Electrophysiology therapies (EPT)
Rebecca Seidel to lead.
The University of Utah athletic department initiated employee layoffs. This action is part of a restructuring linked to Otro Capital. Select units will transition to Crimson Brand Partners. Impacted employees can interview for similar positions there. The official separation date is scheduled for June 30.
Salt Lake City, Utah
https://www.sltrib.com/sports/utah-utes/2026/05/29/utes-begin-unsettling-layoffs/
First week or later in June after reorg dust settles?
Reorganization announcements have started. We were notified today, and while I cannot share the specific area, our team was not laid off. Instead, the team is being split up and moved under different managers.
We were told that the reorganization will continue next week in waves, with additional teams being notified over time. We were also informed that some areas across the company may experience layoffs.
I was also able to confirm that a coworker in a completely different department was recently asked to provide a manager breakdown and reporting list. Based on that, it seems the timing of notifications may depend on the department, and some employees may not hear anything for another couple of weeks.
Commercial Real Estate ..
This board should be viewed for what it is… a discussion board for current employees concerned about their careers (with some crazy types) and feedback for those considering wearing “the purple.”
First, you need to ask yourself why so many senior executives have left the bank.
Second, compare the value of both banks at the merger to the value today. I have gotten better returns on my bucket of old pennies with the increase in copper. Pay increases too.
Third, in case you have not figured it out by now it all about the face time and showing off for your manager and their boss.
Now this brings me to the title above.
What a show ineptitude! Thanks Kathy, Joe Pella (Joey – shave that stubble) and Adam Oats who?
Largest markets, Florida, Georgia, Texas and North Carolina Commercial Real Estate, how many of those folks are still here, clients included? Hmm.. all voted with their feet. Even new hires have moved on with corresponding fill in the gap uplifting reorg calls.
Same thing for Grandbridge, everyone left? Why? Oh, and the bank still has a lawsuit against them too. How much is that costing? Interesting read if you have the time. Just wait until they put Kathy on the stand. Can’t wait.
So, what’s the point of this? If you are visiting this site, you need to prepare to set sail for a new adventure and not wait for the next purpose corner or employee survey. Yes, I’m out shortly. Might even get severance and a new job signing bonus if I am lucky.
You?
Let's consolidate everything we know in this thread...
Amdocs is preparing for a major global workforce reduction. This action is part of a broad company reorganization. The software giant expects to cut 7% to 10% of its total employees. New President and CEO Shimie Hortig is leading these changes.
https://www.calcalistech.com/ctechnews/article/u4qmp07cv