#restructuring

Based on the town hall discussion, there appears to be considerable uncertainty regarding the company’s strategic direction and the implementation of the new operating model. The analogy that the “aircraft is being built while being flown by Captains JS and SS” may have been intended to acknowledge the complexity of the transition; however, for an organization with a market capitalization exceeding $30 billion, it could also reinforce employee concerns that the restructuring is proceeding without a sufficiently defined plan. The messaging did not provide the level of clarity, transparency, or reassurance employees reasonably expect from senior leadership during a period of significant organizational change. Some of the analogies used also seemed disconnected from the practical concerns facing employees, particularly regarding accountability, organizational stability, and the future structure of the business. This risks undermining trust and does not appear fully aligned with Pembina’s stated values of respect, transparency, and collaboration.

It would be helpful for senior leadership to provide a more direct update on the maintenance restructuring, including the intended organizational model, decision-making timelines, potential impacts on technical and engineering roles, and whether any further workforce reductions or layoffs are anticipated. The place is in a mess at the moment.

Tenet Healthcare's revenue cycle subsidiary, Conifer Health Solutions, is eliminating 1,037 positions. This action stems from the termination of a contract with CommonSpirit Health. The layoffs are scheduled to commence in early November. Conifer is undergoing restructuring and technology upgrades. These changes are part of a pivot to new business opportunities.

Dallas, Texas

https://www.fiercehealthcare.com/providers/tenet-laying-1000-conifer-employees-amid-commonspirit-contract-breakup

Pro Mujer is undergoing a significant restructuring that includes layoffs. This action comes as funders focused on gender lens and development are reducing their support. The organization is experiencing a pullback from these key investor groups. These changes indicate a shift in the funding landscape for Pro Mujer.

New York, NY

https://impactalpha.com/restructuring-and-layoffs-at-pro-mujer-common-good-fund-of-funds-from-ascension-and-anthos/

Did anyone saw this in Q1 results ? Seems O has stopped reporting it’s restructuring plans due to hype in media

Posting this because a lot of us are anxious, and anxiety plus rumor is a bad combination. Here's my honest read on what's actually known, and — more usefully — what you can do regardless of how it lands.
What's actually known (and what isn't)
A large restructuring is underway. Leadership has signaled it. That part is real.
But the announcements are running top-down, in order: the senior leadership layer first, then each leader defines their own organization, and it propagates down from there. The practical consequence: the org structures below the top have not been drawn yet. Until the connectivity/COO organization is laid out, most "who's safe, who's cut" talk is genuinely premature. That's not reassurance — it's just honestly where we are right now.
One caution I'd offer anyone reading layoff forums this week, including this one: a confident, insider-sounding theory is still a theory. Real sourcing above a certain level is rare, and a coherent story is not the same thing as a confirmed fact. Be especially skeptical of the posts that tell you the outcome is inevitable and you're powerless. Panic doesn't help you make a single decision — and neither does the "this is an unstoppable, brilliantly-run machine" narrative. Both just make you feel worse while you wait.
What you can actually control (do these now, whatever happens to your box)

1.  Read your severance plan. The Summary Plan Description is on the benefits portal — you can pull it today. Know three things: weeks of pay per year of service, the cap, and — the one people miss — whether declining a "comparable" internal role can void your severance. Understand this before you're ever in that conversation, not during it.
2.  Document your equity. Write down your vesting dates and amounts. Then find the plan language on how a spin-off converts or adjusts your RSUs — that mechanism is moving under everyone's feet right now, and it can change both the value and the timing.
3.  Know your WARN rights. Federal WARN generally requires 60 days' advance notice for qualifying layoffs; some states add to that. Know what notice and protections you're owed.
4.  Get your house in order early, not at the gate. Resume refreshed, network reactivated, references lined up. The best time to do this is before you need it. It costs you nothing if you stay.
5.  Use the real resources. The EAP for counseling — this is a stressful stretch and that's legitimate. Any outplacement that's offered. Your state's Rapid Response / dislocated-worker program. And check your unemployment eligibility so you're not learning it under pressure.

The new chain of command has to happen first. We have Angelakis’ reports, the new HR and the new Finance announcements. Now we need Croney’s. Who are his new directs? If we follow the pattern, this should be the next announcement. Everything else is premature. No doubt this will be the most significant restructuring in Comcast history, but we need Croney’s structure to understand how everything will newly align.

Now that ric is gone.. what’s the probability?

LIV Golf has officially filed for Chapter 11 bankruptcy. The league announced a restructuring support agreement to transition to a player-majority ownership model. This move follows the withdrawal of funding from Saudi Arabia's Public Investment Fund. The company is seeking investor BC Partners for its future. Many employees have already lost their jobs as part of this restructuring.

New York, NY

https://www.aol.com/articles/liv-golf-declaring-bankruptcy-weeks-205400000.html

IG Group is undertaking a major restructuring by merging its regional consumer divisions into a single global unit. This consolidation is expected to result in hundreds of job losses across various international locations. Redundancy consultations have already commenced in the UK, with similar discussions anticipated in numerous other countries throughout September. The company states this move is part of a strategic review aimed at enhancing customer service and operational efficiency. The exact number of affected employees and the financial impact of these changes have not yet been disclosed.

London, United Kingdom

https://www.financemagnates.com/forex/brokers/report-ig-prepares-hundreds-of-layoffs-in-consumer-business-restructure/

Can anyone explain the recent and upcoming changes in IBMC?

How is this going to impact b6 to b8?
I've read the announcement but still have no clue what's changing beyond my manager.

Channel 4 is implementing its largest-ever layoffs, impacting 340 employees by the end of 2026. This reduction represents over a quarter of the company's workforce. CEO Priya Dogra stated the move is necessary to increase investment in on-screen content. The strategic review aims to streamline operations and reduce management layers. A consultation process with staff will commence shortly.

London, England

https://deadline.com/2026/09/channel-4-confirms-300-job-cuts-1237071015/

The Trade Desk has implemented a significant workforce reduction, impacting approximately 15% of its global employees. This restructuring, affecting over 500 individuals, is described by leadership as a resource reallocation. The company recently reported disappointing quarterly earnings and missed Wall Street expectations. Despite these challenges, The Trade Desk maintains a strong financial position with substantial cash reserves and no debt. Leadership emphasizes a continued focus on growth and strategic initiatives.

Ventura, California

https://www.mediapost.com/publications/article/417692/trade-desk-layoffs-follow-disappointing-financial.html

The flashing lights are blinking red,
The servers groan and cry.
The "Think" signs hanging on the wall
Are watching tech hopes die.

An email lands at three AM,
"Restructuring is here!"
Which means your budget got slashed down
And mainframe teams disappear.

The cloud is mixed with legacy,
The software’s glued with tape.
They bought Red Hat to save the day,
But there is no escape.

The consultants pitch a massive plan,
With slides of pure design,
While engineers are pulling hair
To keep the code online.

Oh Watson AI used to rule,
The champion of the screen,
But now it’s just a broken cog
Inside a sad machine.

So raise a glass to Big Blue skies,
Now overcast with gray.
The storm is blowing through the tech,
And blowing cash away.

The Trade Desk has implemented a global workforce reduction affecting approximately 15% of its employees. This restructuring follows recent reports of disappointing quarterly earnings and a decline in stock value. CEO Jeff Green described the move as a reallocation of resources, not a sign of financial distress. The company stated it has substantial cash reserves and no debt. Despite these changes, The Trade Desk aims to maintain its core vision and mission.

New York, NY

https://www.mediapost.com/publications/article/417692/trade-desk-layoffs-follow-disappointing-financial.html?edition=143774

Following its emergence from Chapter 11, the home shopping company is grappling with significant leadership changes. Several executives are reportedly departing as part of an ongoing C-suite overhaul. These departures raise questions about the company's future strategic direction. The stability of its leadership team will be crucial for its post-reorganization success. Investors and stakeholders will be watching closely for clarity on these matters.

West Chester, Pennsylvania

https://www.bizjournals.com/philadelphia/news/2026/09/06/whats-ahead-after-qvc-group-exited-bankruptcy.html

In a new emergency filing submitted on September 6, 2026 (Docket No. 1361) in the DISH Wireless bankruptcy, the Official Committee of Unsecured Creditors alleges that EchoStar insiders created a $19.9 billion “intercompany loan” and used it to justify transferring Boost Mobile out of the DISH Wireless estate, a move the filing describes as benefiting non‑debtor affiliates at the expense of Wireless creditors.

The motion to appoint an independent trustee or strip case exclusivity represents the highest-stakes maneuver yet to wrest control from EchoStar insiders. The Committee is asking the judge to appoint an independent Chapter 11 trustee or terminate DISH Wireless’s exclusive control of the case, citing conflicts of interest, undisclosed FCC actions, and looming administrative insolvency. Based on the filing’s evidence, the motion is asking for either trustee appointment or loss of exclusivity, both of which could trigger an investigation into the Boost transfer and shift control away from EchoStar. If the judge grants either of the UCC's demands, EchoStar will lose control over the restructuring timeline.
Sources:
– Emergency Motion of the Official Committee of Unsecured Creditors (Docket No. 1361, filed 9/6/26)
– Committee Response to Debtors’ Statement (Docket No. 1362, filed 9/6/26)

Tela Bio is reducing its workforce by 41 employees as part of a new CEO's $17 million cost-saving initiative. This restructuring will decrease the company's full-time staff from 201 to 160 individuals. The company anticipates these changes will lower annual operating expenses by approximately 18 percent. These moves come as the medical technology firm reported increased revenue but a wider net loss. The new CEO, Heather Getz, aims to create a more efficient organization for long-term growth.

Malvern, Pennsylvania

https://vista.today/2026/09/tela-bio-malvern-layoffs/

Uber is implementing a significant workforce reduction, impacting over 300 employees in its Chicago office. This move is part of a broader company-wide effort to decrease its overall headcount by 10%. The decision stems from a desire to simplify organizational structures and improve efficiency. CEO Dara Khosrowshahi communicated these changes to staff, citing the need to address complexity that has arisen with the company's growth. The layoffs are officially categorized as a "mass layoff" according to a WARN Act notice.

Chicago, Illinois

https://www.nbcchicago.com/news/local/more-than-300-chicago-uber-employees-cut-in-mass-layoff/3984895/

Uber has eliminated 93 positions in its Seattle operations. These layoffs impact roles in software engineering, sales, and management. The company is undertaking these reductions to streamline its structure. This move also signifies a strategic shift in the company's focus.

Seattle, Washington

https://www.bizjournals.com/seattle/news/2026/09/03/uber-companywide-layoffs-dara-khosrowshahi.html

Private equity firms are increasingly impacting Michigan's manufacturing sector through acquisitions and consolidations. This ownership model often leads to increased efficiency, which can result in significant layoffs. Companies like Trystar and Autokiniton have recently announced substantial workforce reductions. These actions highlight a trend of private equity-driven restructuring within the state's industrial landscape. The long-term effects on the Michigan workforce are a growing concern.

Troy, Michigan

https://pestakeholder.org/news/private-equity-links-to-michigan-bankruptcies-layoffs-union-busting/

Software firm Qualtrics has eliminated 117 positions at its Seattle location. These layoffs follow the company's recent acquisition of Press Ganey Forsta. Employees were notified of the cuts on August 19th, with their last day being October 18th. The company stated these decisions were made to integrate operations and create a unified team. This action is part of a broader restructuring effort to eliminate duplicate roles.

Seattle, Washington

http://www.chronline.com/stories/software-maker-qualtrics-cuts-117-jobs-in-seattle,407566?

The Trade Desk is implementing a significant workforce reduction, impacting fifteen percent of its employees. This move is part of a strategic restructuring aimed at creating smaller, more focused operational units. The company's CEO cited a need for greater agility and sharpened focus in his internal communication. This downsizing follows a period of disappointing financial performance and significant executive turnover. The company aims to improve execution and platform capabilities through these changes.

New York, New York

https://www.businessinsider.com/the-trade-desk-lays-off-15-of-staff-2026-9

Layoffs across the United States reached their lowest point in four years during August. Employers announced 52,881 job cuts, a significant decrease from the previous year. This trend indicates a resilient job market despite a slowdown in hiring. Consumer products, food, and technology sectors saw the most significant reductions. Restructuring and economic conditions were the primary reasons for these workforce adjustments.

https://www.cbsnews.com/news/august-layoffs-hit-lowest-level-since-2022/

I have said this before, watch for reorgs they are the precursor to RIFs. If you end up moving to OCI your time is short. They will cut reshuffle and bleed. Sorry to the OAL org today. Other orgs moving under the grim reaper watch out!!!

Stay strong time to organize, embrace unions! The white collar is the new blue!

TScan Therapeutics is significantly reducing its workforce by 75% to reallocate resources. The company is pausing its hematological and autoimmune programs to prioritize preclinical solid tumor initiatives. This strategic shift aims to advance its solid tumor pipeline and seek partnerships for its paused programs. The decision was influenced by insufficient capital for ongoing trials and a recent collaboration termination. These changes are expected to extend the company's financial runway.

Waltham, Massachusetts

https://www.fiercebiotech.com/biotech/tscan-axes-75-workforce-make-room-solid-tumor-programs

I've worked in healthcare long enough to know the odds. Making it to retirement at a single company feels like winning the lottery. Layoffs, restructuring, mergers, or whatever else, but they always find a way to push you out before you get there. I'm not counting on it.

Two more RVP’S about to be canned in the next month…. Whos next?

Honestly, I’m pi---d.

Today we found out our CEC is closing. A lot of us have spent YEARS here. We knew something was coming, hiring slowed down, positions stopped being backfilled, and our headcount kept dropping. But hearing that we’re actually closing still hits different.

Now we’re being moved into another CEC.

And that means our teams get combined, opportunities get smaller, and there are fewer admin, CM and Sr. Manager roles for us to move into.

Then you look at the store closures and the push toward “digital first.”

So much for Frontline First.

We’re constantly told not to worry and that every change is just “consolidation.”

But we’re the ones watching our teams get smaller and our options disappear.

Maybe this really is just one CEC.

But if you’re sitting in another CEC thinking this has nothing to do with you…

I’d be paying attention.

Because when they need fewer buildings, they need fewer people to fill them.

And I really hope I’m wrong about what comes next.

heard it's getting the bin with the new boss/ceo coming in??

Biotechnology firm Cellares Corporation is reducing its workforce by 68 employees. These layoffs are occurring at the company's Bridgewater facility. The company stated the cuts are part of a restructuring effort. This move aims to focus resources on existing customer programs. The decision follows the termination of a partnership with a pharmaceutical client.

Bridgewater, New Jersey

https://www.nj.com/business/2026/09/68-nj-workers-to-lose-jobs-after-biotechnology-company-downsizes.html

ArsenalBio is undergoing a significant restructuring, laying off 99 employees to focus on in vivo CAR-T therapy. This strategic shift involves halting development of the company's ex vivo clinical assets. The biotech was once a strong fundraiser, securing substantial investments and partnerships. The company is now seeking new opportunities for its existing technology and assets. This move places ArsenalBio in a competitive field with several established players.

San Francisco, California

https://www.fiercebiotech.com/biotech/arsenalbio-sheds-most-staff-pivot-vivo-car-t

Any updates on Fidelis care? I saw an org chart on workday, and am seeing a lot of changes and restructuring happening. What are the latest updates?

WPP PLC is implementing a significant layoff of up to 1,000 employees. This move is part of a broader restructuring initiative aimed at improving operational efficiency. The company plans to divest non-core business segments and reduce property assets. These actions are intended to streamline operations and cut costs. The advertising giant is adapting to a changing industry landscape.

London, United Kingdom

https://www.gurufocus.com/news/9061082/wpp-plans-further-layoffs-amid-restructuring-efforts

Enrique is an engineer turned businessman. If you want to know how he treats his employees or his customers, just look at his track record. He's not a good guy, he's a good businessman. He uses all the financial levers at his disposal to increase the share price. He makes money, but it leads to eroded customer sentiment and poor morale.

He publicly defended third-party ink blockades on CNBC by stating that customers who don't buy HP supplies are a "bad investment" for the company. https://www.techspot.com/news/101593-hp-ceo-customers-who-dont-use-companies-supplies.html#:~:text=Tap%20to%20unmute.%20Your%20browser%20can't%20play,use%20our%20supplies%2C%20it's%20a%20bad%20investment.%22

He maintained software policies that remotely deactivate working Instant Ink cartridges inside a user's printer the moment a monthly subscription is canceled. That's bullsh-t, but it makes a lot of predictable money.

Executed multiple rounds of mass layoffs (up to 10%) while simultaneously authorizing billions of dollars in share buybacks and dividend increases to boost earnings metrics. https://www.pcmag.com/news/hp-to-lay-off-4000-to-6000-employees-over-the-next-3-years#:~:text=Updated%20December%201%2C%202025.%20HP%20will%20cut,artificial%20intelligence%20adoption%20and%20enablement%2C%22%20HP%20says.

Enrique spearheaded the HP+ ecosystem, making permanent internet connections, mandatory account setups, and zero third-party ink usage strict requirements for basic hardware operation.

Enrique shifted corporate resources away from core product innovation and technical support toward financial restructuring, leading long-time staff to criticize the abandonment of traditional engineering-first values ("The HP Way").

Based on recent organizational/Team changes throughout the company, recent executive departures, plans leaving states, hospitals/PCP going out of network ( Especially in NY) and the employee sentiment on this page, Centene feels like a sinking ship, and is sinking faster than anyone could have anticipated.

Has anyone heard any intel on layoffs or restructuring in September? Will it impact everyone? Or is this just the ongoing rumor?

Columbus Humane has laid off nine employees. This reduction represents about 12.5% of its total staff. The decision was made on January 15th. The nonprofit cited financial restructuring and long-term stability as reasons. These workforce reductions affected multiple departments within the organization.

Columbus, Ohio

https://www.10tv.com/article/news/local/columbus-humane-layoff-january-2026/530-e8c7e71a-382f-4dac-bd89-cba389868419

Bret Saunders is leaving KBCO 97.3 FM after a 28-year tenure. His departure coincides with widespread layoffs at parent company iHeartMedia. The media corporation is undergoing a nationwide restructuring to save $50 million. Saunders expressed his love for Colorado and hopes to continue working in the state. He was a prominent morning show host known for his trivia segments.

Denver, Colorado

https://coloradosun.com/2026/06/24/bret-saunders-leaving-kbco-denver-radio/

Full Sail University has eliminated 180 positions as part of a significant organizational realignment. These workforce reductions impact academic, administrative, and operational departments across the institution. The university cited shifts in workflows, enrollment patterns, and technology as drivers for these changes. Affected employees are receiving support from the Human Resources department. Despite these layoffs, Full Sail University stated that no degree programs are being discontinued.

Winter Park, Florida

https://www.wftv.com/news/local/full-sail-university-eliminates-180-positions-organizational-realignment/7PCAAXWJPZF6HHS4X3IU34ZT74/

I know this restructuring is really difficult, and I understand how stressful and uncertain things must feel right now. But at the end of the day, a company is still a company. Its priority is the business and the money, not necessarily the people. Whether STCB is performing well or not, or whether the Computational Team is doing a great job or struggling, it ultimately doesn’t change the fact that you need to think about your own future first. So, instead of worrying too much about what the company is going to do, start updating your résumé, interviewing with other companies, and preparing yourself to leave if the right opportunity comes along. There are many better companies out there. If you feel like you’re missing some skills, you can work on developing them before making a move, or you can move to another company first and continue building your skills there. Either way, the important thing is to create opportunities for yourself rather than waiting for the company to decide your future.