#restructuring

Posts mentioning hashtag #restructuring

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Block to cut 10% of employees

Jack Dorsey’s payments company Block Inc. has begun informing hundreds of employees that their roles could be eliminated during annual performance reviews, as the firm undertakes a wider restructuring effort.

https://www.tradingview.com/news/cointelegraph:ff1078dca094b:0-jack-dorsey-s-block-may-cut-up-to-10-of-staff-in-business-overhaul-report/


New Crown Castle 2.0

Like the saying goes it is better to be optimistic and wrong than pessimistic and right.

This is my hope. After the storm passes and we sell Fiber and Small Cell we have the money to hire many of these talented, loyal, and hard workers back. It was obvious the layoffs weren't well thought out. It was just a scramble to meet the numbers.

Maybe I am naive in thinking that is possible, but hopefully Crown wins and pull this off. Hate to see this company destroyed by all the bad decisions they made. I remember the glory years when it was just a tower company. The get togethers at the finest resorts, and it really felt like family.


Petaluma’s Small Precision Tools laying off 30 workers

A longtime Petaluma maker of tools for manufacturing electronics and devices for medical and dental treatments plans to cut 30 jobs this spring as its Swiss parent company restructures globally.

https://www.pressdemocrat.com/2026/02/06/petaluma-small-precision-tools-manufacturing-layoffs/


Interesting Data - More to come it seems very soon

In January 2026, U.S. employers announced 108,435 job cuts, the highest total for the first month of the year since 2009. This surge represents a 118% increase compared to January 2025 and a 205% jump from December 2025.
Primary Drivers: Massive restructuring at UPS (30,000 cuts) and Amazon (16,000 corporate roles) accounted for nearly half of the month's total layoffs.
Sector Impact: The hardest-hit industries included Transportation (31,243), Technology (22,291), and Healthcare (17,107).
Hiring Stagnation: Parallel to the cuts, hiring plans dropped to just 5,306, the lowest January figure on record since tracking began in 2009.
Leading Causes: According to the Challenger Report, the top reasons cited were contract losses, economic conditions, and organizational restructuring. - All companies are on the same path.


Go woke, go broke

https://media.about.nike.com/files/dfc58f03-c8b4-4fe8-ae74-0cd6e5cad60b/FY24-Representation-by-the-Numbers.pdf

If the EEOC’s investigation leads to evidence of discrimination what will be the relief? Does Nike People Solutions get an overhaul, DEI Vice President cut, abolish the illegal quotas, etc.? There seems to be a lot of predictions about GT layoffs but based on earnings may be a lot more restructuring timed with this DEI complaint…


New Job Req: Emerging Technology Risk and Control, Vice President

Are you looking for an exciting opportunity to manage workforce transitions and offshore operations? We are seeking a candidate to join our operations to assist with local workforce reductions and restructuring initiatives.

Job Requirements:

  • Comfortable working in a fast-paced environment to recklessly reduce headcount
  • Ability to follow directives (be a Yes-man) and execute strategy without reservation (don't ask questions).
  • Extensive experience in minimizing FTE value while promoting offshore and H-1B talent.
    • Familiar with AI. We've been claiming there we know AI just secure our position in the company but now the lies have caught up to us and we need someone that really knows it so we take credit from you.

Perks:

  • Exemption from Return-to-Office (RTO) policy.
  • Work from home and spy on employees.
  • Opportunity to lead workforce management strategies (degrade employees to force them to quit).
    • High potential bonuses - the more workers terminated, the bigger the payout.

Restructuring and Perspective

Sometimes the people who get laid off are actually the winners.
It’s a reminder that career growth and promotions aren’t always about performance, results, or dedication — sometimes it’s about timing, circumstances, or politics you can’t control.
Saying goodbye to a team and a role you’ve poured into is never easy, but it’s also a chance to gain clarity, reset priorities, and focus on opportunities that truly value hard work and leadership.
For those who remain, good luck navigating the changes — may this shakeup help everyone see what really matters.
Grateful for the lessons, proud of what was accomplished, and excited for what’s next.


I witnessed eight "restructurings" in less than four years. They finally got me in the ninth.

Despite what Trupanion is an incredibly weak company with upper management that only promotes sycophants while overlooking the actual hard workers and talent. Especially on the marketing side, I saw a disgusting amount of "restructurings" that took place literally every time an exec was promoted or when growth stagnated due to the C-suite repeatedly shutting down ideas that didn't come from themselves. So many excellent workers with incredible ideas just flushed down the drain. Multiple times, I saw them lay off people who were literally doing the work of what would be entire departments at any other job. Trupanion advertises a good culture upfront, but the reality is that they're the exact corporate nightmare that nobody wants to be caught dead in. Don't waste your time with this one. As we all used to joke, if you're actually good enough at your job, you'll either wind up quitting in frustration or getting laid off eventually.

Oh, and very few people ever make it to that five-year sabbatical they promise. It's just a way to lure you in. The executives have a nasty pattern of getting rid of people when they're about a year out from it so they don't have to pay it out.


fiercebiotech article on layoffs at CR

Charles River Closes Maryland Cell Therapy Site, Cuts 20 Jobs

Charles River Laboratories is closing its cell therapy CDMO site in Hanover, Maryland. This closure will result in 20 employee layoffs. The decision is part of a broader company restructuring. Other Charles River facilities will take over client work by mid-2026. The company aims to optimize its business and save $70 million annually by 2026.

https://www.fiercebiotech.com/cro/charles-river-close-cell-therapy-cdmo-site-lay-20-staffers


Teamworks tracking; February layoffs

Layoffs and restructuring are happening this month. Also, Teamworks metrics will start being actively reported to upper management and used as part of the justification for additional layoffs in 2026.

Post 9s, time offsite without PTO, total time onsite will all be monitored. Those of you waiting for a sign... I think this is it.


Finally Enrique Lores is gone!

Enrique Lores proved to be a deeply flawed leader in my view, prioritizing Latin American executives and DEI-driven hires over proven merit and technical expertise.
The multiple restructurings under his watch stripped the company of critical talent and institutional knowledge, leaving HP severely weakened.
With his departure, it's a genuinely positive day for HP—hopefully it's not too late for the company to recover, rebuild its core strengths, and return to prioritizing performance and innovation


Transcript from Dan on 1/30/2026 earnings call

And noncore areas that are not aligned to growth, including legacy areas are being significantly reduced and/or eliminated and that includes areas such as business wireline, nondirectional products, technology as well, wholesale, legacy copper and voice platforms and even projects with too long of a payback. So the team has done a great job in finding unit cost efficiency as we build both in wireless and in fiber, cost for prem pass, et cetera. So there's a lot of good work being there, and that helps us get to a lower CapEx envelope, but we're very focused on being very efficient with our capital deployment this year


MDT is here and engaging with site owners. A true layoff I posted was removed.

They probably argue that it is somehow a trade secret or otherwise. Let's see how long it lasts here, censored.

1) Cryocath in Montreal will close and has been a sh-tshow of a project for over 6 years now. Production moves to a PR site that I won't mention because maybe that's the confidential part, according to their argument. The delay is from the PR-side. Considering the 4 sites in PR, you can work it out yourself. Ask yourself why the last Manufacturing Director left after a relatively short time there and went to an MA/MN site. I forget which, but you can find it.

Anyone else can show you the slow layoffs and reduction in capacity from production lines over time. The employees themselves know it and speculate all the time. Tons of them are close to retirement, so they're just sandbagging until the inevitable happens.

2) A California site is also slowly shutting down and has been for a few years. To not get this post removed, I'll tell you it is NOT Northbridge, and it is NOT Irvine. It is a site with an already low number of employees.

Enjoy.


Layoff coming mid end feb

ok news is layoff coming mid end feb

sales structures changing west getting more territories vs east

waiting for q4 attainment results before final movment

sum sales managers being replaced

new sales engr model coming based on how lazy the sales engr has been

20-30 sales ppl being hired many others being refreshed means fire then rehire at lower OTE is the goal. norlin is trying to save 50-75k per salesperson OTE by hiring new younger generation sales persons


Mass Corporate Retail Closures Incoming

I suspect there will be mass retail store closures/indirect takeovers over the next two years. If you listen to the Q4 earnings call 10 min 20 seconds in when Dan is speaking he word for word says “we expect to realize 1 billion in run rate operating cost synergies by 2028-double our initial estimate. These savings will be derived from network integration, THIRD PARTY CONTRACT EFFICIENCIES, and go to market savings across marketing and advertising.” If you work at small retail store that is not considered an “A” store and you are within a 10-15 mile radius of another corp store you should be working on your backup plan now and trying to transfer to the A store in your area.


Mass Corporate Retail Closures Incoming

I suspect there will be mass retail store closures/indirect takeovers over the next two years. If you listen to the Q4 earnings call 10 min 20 seconds in when Dan is speaking he word for word says “we expect to realize 1 billion in run rate operating cost synergies by 2028-double our initial estimate. These savings will be derived from network integration, THIRD PARTY CONTRACT EFFICIENCIES, and go to market savings across marketing and advertising.” If you work at small retail store that is not considered an “A” store and you are within a 10-15 mile radius of another corp store you should be working on your backup plan now and trying to transfer to the A store in your area.


Cigna/evernorth health 01/29 layoff

Still pretty shook about being laid off. I was under a contract role which they extended this January so I was relaxed. This friday I finished and submitted a huge query to my manager to scale up and then at 5.30 pm I got a call from my consultancy that my contract has been cancelled due to budgeting and restructuring. My manager has no knowledge of it and wasnt consulted into this. Became we had some huge projects in the pipeline which would now be stuck in a limbo. I loved my job and the team and my mind is not accepting that this has happened.


MFA Boston Reduces Workforce Amidst Deficit

The Museum of Fine Arts (MFA) Boston announced 33 employee layoffs this week. This reduction affects approximately 6.3% of its total workforce. The museum cited an unsustainable deficit and restructuring as reasons for the cuts. Sixteen of the positions eliminated are held by unionized workers. These layoffs mark the second round for the MFA in six years.

https://www.theartnewspaper.com/2026/01/30/museum-fine-arts-boston-layoffs-financial-hardships


4th year, 4th restructuring/layoff, it’s over

I’m just frustrated that they keep cutting and cutting roles, to stack responsibility on top of someone else is work load…then decide make you fight for a open role in a “hunger games” like ritual where you go against your colleagues. This whole thing takes a month long mind you. Then if you’re lucky to be the one they picked, poof, restructuring 6 months down the road. Su-ks


Intuit Layoff Rumors 2026

Has anyone confirmed reports that Intuit is planning to cut approximately 18% of its workforce after a restructuring... hearing this has baked in a 10% reduction at the Director level and above?

I have not seen any WARN filings yet.could these exits be categorized as performance terminations to keep the layoffs out of public view?


Feb 4. Earnings Call

Another earnings call is just around the corner. How do you think Leahy and Miralles spin Q4, CY 25 and the lowest stock price in 5 years?

I'm sure we will hear they cracked the code with the new GTM strategy and "all-weather team".

From my perspective, the single, most important question that needs to be asked is, "Given all the acquisitions, all the layoffs and the all the restructuring, why should we believe this leadership team is the team to return CDW to profitable revenue growth?"


Xerox is desperately trying to avoid Chapter 11

Xerox is not announcing Chapter 11, but it is clearly working hard to avoid it.

The company is handing out free warrants to shareholders and bondholders as a way to quietly re-engineer its balance sheet before things get worse.

This is an out-of-court, shareholder-inclusive, quasi-restructuring tool designed to reduce debt without filing for Chapter 11, while neutralizing lawsuits and buying time.

In other words: advanced financial engineering designed to keep control out of a bankruptcy court.

If the business stabilizes and the stock recovers, those warrants can be used to turn debt into shares, cutting leverage without burning cash.

If the recovery never comes, the warrants expire and nothing happens... except that Xerox might still be standing.

Behind all the financial and investment jargon, don't lose sight of what's really important:

Management is fully aware of how close we are to filing for Chapter 11 and is using the last tricks in the book before being forced to do so.

This move doesn’t mean that bankruptcy is happening tomorrow, but it does mean the current capital structure is extremely fragile and time is a crucial factor.

In short: this is about survival, control, and avoiding the kind of court-driven restructuring in which senior management (yes, the people architecting this measure) lose all influence.