So it begins!
35% - 40% reduction in force is what’s been being whispered in the halls.
Below are all the posts — topics as well as replies — that mention the hashtag #workforcereduction.
Mention #workforcereduction in your post to continue the discussion!
So it begins!
35% - 40% reduction in force is what’s been being whispered in the halls.
California
Connecticut
Ohio
Pennsylvania
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Texas
Multi-State: Not Specified
United Kingdom
Denmark
Singapore
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Philippines
Potential/Unconfirmed Layoffs
Company-wide/Location Not Specified
National/Other Commentary and Analysis
Know of at least 1 person impacted, their manager confirmed it was part of the new quarterly cadence.
I am hearing 7/1 not 6/15 for Layoffs - at least 10% across the majority of the company. Are others hearing the same thing?
Announced today, good luck to those remaining…
Make the decision and bring stability.
Every acquisition brings layoffs, but this will be bad. Usually it's the acquired company that gets the brunt of it, but I wouldn't be surprised at all if this is used to get rid of as many people as possible on both sides under the cover of supposed redundancy. Prepare yourselves. This will not be pretty.
CAE will permanently close its Pueblo operations. The company plans to cease operations on October 1. This closure will result in 58 employee layoffs. CAE lost its Air Force pilot training contract in January. The closure raises questions for a planned aircraft mechanic training program with Pueblo Community College.
Pueblo, Colorado
https://gazette.com/2026/06/14/cae-announces-pueblo-layoffs-site-closure-raising-questions-for-aircraft-mechanic-training-program/
The BBC is preparing to cut approximately 2,000 jobs. This action represents about 10% of its total workforce costs. The broadcaster aims to reduce overall spending by £500 million over the next two years. Its news division is expected to face major job losses. These measures are part of wider efforts to secure the organization's financial future.
https://m.economictimes.com/news/new-updates/bbc-layoffs-around-2000-jobs-at-risk-as-broadcaster-plans-10-cost-cuts-who-may-lose-their-jobs-and-why/articleshow/131740244.cms
Takeda Pharmaceutical, Massachusetts’ largest life sciences employer, is preparing to lay off 247 employees in Cambridge, with cuts beginning as soon as July 1, 2026 and some possibly extending into 2027.
The article is posted here: https://finance.yahoo.com/sectors/healthcare/articles/largest-mass-biotech-employer-axing-181441933.html
The layoffs are part of Takeda’s broader Transformation Program, approved in March, which aims to save about $1.2 billion annually by 2028. Globally, Takeda plans to cut around 4,500 jobs by March 2027, which is less than 10% of its workforce. The Massachusetts layoffs are included in that global figure, not an additional round.
A major driver is the sharp decline of VYVANSE, Takeda’s ADHD dr-g, after it lost U.S. patent protection in August 2023. U.S. sales reportedly fell 63% last fiscal year as generics entered the market.
Takeda said many affected Massachusetts employees have already found other roles inside the company, and it has about 2,100 open positions globally, including in Massachusetts. The company says it is prioritizing internal candidates.
The article also notes that Takeda recently lost an antitrust case involving AMITIZA, but the company said that verdict is not connected to the layoffs.
Takeda is now relying on several experimental dr-gs, including oveporexton, rusfertide, and zasocitinib, to help replace lost VYVANSE revenue.
Billionaires and Their Connection to H-1B Visas
Many of America’s most prominent billionaires have either started their U.S. careers on H-1B visas or now lead companies that are among the largest employers of such visas. The H-1B program, designed to bring in highly skilled foreign workers, has been a key pathway for immigrant entrepreneurs and executives who have gone on to build multi‑billion‑dollar enterprises.
Notable billionaire H-1B holders
Elon Musk – South African-born founder of Tesla, SpaceX, and X. Musk initially came to the U.S. on a J‑1 exchange visa, later switching to H‑1B to remain while building companies that have created billions in value OfficeChai+1.
Satya Nadella – Indian-born Microsoft CEO, who moved to the U.S. in 1988, switched from a green card to H‑1B in 1994, and led Microsoft into a $3 trillion market value OfficeChai.
Sundar Pichai – Indian-born Alphabet/Google CEO, who began in the U.S. on an international student visa before transitioning to H‑1B OfficeChai.
Jeff Skoll – Canadian-born eBay founder and first full-time hire, who used H‑1B to stay during the company’s early growth before later obtaining a green card Forbes+1.
Eric Yuan – Chinese-born Zoom founder, who faced multiple visa rejections before securing an H‑1B in 1997 to join WebEx The Financial Express.
Billionaire-backed companies as top H‑1B employers
According to U.S. Citizenship and Immigration Services, some of the most prolific H‑1B employers are led by billionaires, including:
Jeff Bezos – Amazon
Bill Gates – Microsoft
Mark Zuckerberg – Meta (Facebook)
Larry Page – Google/Alphabet
Elon Musk – Tesla (now among the top 25 U.S. employers of H‑1Bs) Forbes+1.
Why billionaires support H‑1B visas
Billionaires often cite the H‑1B as essential for filling talent gaps in tech, science, and engineering, where there are not enough U.S. workers to meet demand Forbes+1. They argue it boosts competitiveness and innovation. However, critics note that their support often aligns with corporate interests in accessing lower-cost labor, which can have implications for domestic workers Brightwork
Windsor Locks got hit this week. Mostly older employees. Seems that Raytheon does not like to employ anyone over 50.
Will there be more cuts next week?
Does anyone have insight into the process or timeline of laying off an entire department of individual contributors and moving the positions offshore?
Does Optum ever hire temporary US contractors to replace us first and then eventually move to offshoring?
“$DELL NEW SEC FILING SHOWS MORE LAYOFFS ARE COMING
In March we reported Dell quietly cut 11,000 jobs. The new 10-Q covers the 13 weeks after that. It sped up.
$227M spent on severance in 13 weeks, up 75% from a year ago. $242M is already set aside for severance not yet paid.”
The discussion stems from Dell’s latest Form 10-Q, filed June 9, which provides an update on the company’s financial performance and operational outlook. The filing shows Dell recorded $227 million in severance-related expenses during a recent 13-week period. The amount represents a sharp increase from the same period a year earlier.
The company also disclosed that an additional $242 million has been reserved for future severance payments, a figure that has fueled speculation that more workforce reductions could be ahead.
The filing follows reports that Dell eliminated roughly 11,000 positions earlier in the fiscal year as the technology giant continued efforts to streamline operations and reallocate resources toward faster-growing segments of its business.
Alongside the quarterly report, several insider-related filings were submitted to the U.S. Securities and Exchange Commission. Forms 4 and 144, filed on June 8, disclosed changes in beneficial ownership and planned sales of restricted stock by company executives. Another Form 4 filed on June 9 by Silver Lake Group detailed a transaction involving Dell’s Class C common stock.
The workforce-related disclosures come as Dell experiences rapid growth in its artificial intelligence and infrastructure businesses. The company reported that revenue from its data center operations surged 181% year over year to $29 billion. Much of that growth was driven by demand for AI-focused servers, where revenue increased 757%, underscoring the industry’s ongoing investment in AI computing infrastructure.
READ: Dell shrinks workforce by 10% in fiscal 2026, annual reports show (March 17, 2026)
While the filing does not explicitly announce additional layoffs, the size of Dell’s severance spending and the substantial reserve set aside for future payments have prompted renewed scrutiny from investors and market observers. The company has not publicly detailed any new workforce reduction plans beyond the restructuring activities already disclosed.
As Dell continues to expand its AI and data center operations, the latest SEC filings showcase the balancing act many technology companies face as they invest aggressively in high-growth sectors while reshaping their workforce to support those priorities.
https://americanbazaaronline.com/2026/06/10/dell-sec-filing-signals-more-workforce-cuts-as-severance-costs-climb-482584/
Their intentions are clear, they want to replace as many people as possible with AI.
Lovelace Health System confirmed cutting 43 employees from its workforce. These layoffs primarily affect administrative and support roles. This represents about 1.6% of their local workforce. The health system cited rising costs and a challenging policy environment. They also mentioned shifting payor dynamics as a factor.
Albuquerque, N.M.
https://www.kob.com/news/top-news/lovelace-health-system-cuts-43-employees-amid-challenging-policy-environment/
BAE Systems is cutting jobs in Jacksonville. Nearly 200 employees are affected by these layoffs. This represents about a quarter of the local workforce. The company cited expected workload as the reason. These reductions began this week.
Jacksonville, Florida
https://www.news4jax.com/news/local/2026/06/11/bae-systems-lays-off-nearly-200-jacksonville-workers/
Dell's recent SEC filing indicates potential future workforce reductions. The company reported $227 million in severance expenses over 13 weeks. This amount marks a 75% increase from the prior year. Dell also reserved an additional $242 million for future severance payments. Earlier this fiscal year, Dell eliminated approximately 11,000 positions.
https://americanbazaaronline.com/2026/06/10/dell-sec-filing-signals-more-workforce-cuts-as-severance-costs-climb-482584/
BSA Health System and Bell Helicopter confirmed recent layoffs. Approximately 29 BSA staff members were affected in Amarillo. Bell Helicopter laid off about 30 employees in Amarillo. Rising costs and market realities were cited as reasons. Some Bell employees also face three-week furloughs.
Amarillo, Texas
https://amarillotribune.org/2026/06/10/approximately-60-affected-by-layoffs-at-top-amarillo-employers/
Anyone hearing of additional restructuring or workforce reductions in Fidelity Technology after the recent reorg? Curious whether teams are expecting further changes later this year or if the current reorganization is considered complete.
Washington
California
California and Washington
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Iowa
North Carolina
New York
Vermont
Colorado
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Wyoming
Massachusetts
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Illinois
Canada
Serbia
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National/Other Commentary and AI Layoff Analysis
Is it realistic more layoffs are coming in June?
for this month
Mankato Clinic announced employee layoffs on Tuesday. Just under 100 employees were affected across all clinic locations. This represents about 10% of their total workforce. The layoffs were effective immediately. CEO Aaron Johnson cited significant financial and operational challenges.
Mankato, Minnesota
https://www.keyc.com/2026/06/09/mankato-clinic-announces-layoff-employees/
Jabil Inc. is closing its manufacturing facility in Clinton, Massachusetts. This closure will result in 103 employee layoffs. Layoffs are scheduled between August and December 2026. The company cited work consolidation to other facilities as the reason. Not all Jabil operations in Clinton are affected by this decision.
Clinton, Massachusetts
https://www.masslive.com/news/2026/06/103-mass-workers-face-layoffs-as-florida-manufacturer-closes-local-facility.html
WK Kellogg Co. is reducing its Memphis workforce. A layoff notice was filed on June 8. This Worker Adjustment and Retraining Notification (WARN) concerns permanent layoffs. The layoffs affect its 2168 Frisco Ave. facility. The notice went to the Tennessee Department of Labor and Workforce.
Memphis, Tennessee
https://www.commercialappeal.com/story/news/local/2026/06/08/wk-kellogg-co-warn-notice-layoffs-memphis/90464921007/
FanDuel recently laid off several hundred employees. This move impacts a few hundred people from its 5,000 total workforce. The company stated these changes strengthen its long-term strategy. Affected departments include business development, operations, and engineering. These layoffs follow previous workforce reductions and industry trends.
https://finance.yahoo.com/markets/stocks/articles/fanduel-lays-off-several-hundred-220007878.html
https://www.fresnobee.com/news/local/article316013509.html
In the Monday, June 8, 2026 the Wall Street Journal included a complete section listing the top 500 companies across all industry segments. Each company was ranked by AI readiness, Innovation, Talent, Resilience AI Readiness & Agility. The lower the ranking the better the company.
#1 Nvidia
#2 Alphabet
#3 Microsoft
#4 Meta Platforms
Telecommunications Services sector (only 3 companies in this sector)
#56 T-Mobile US (Agility rank 82, Innovation 283, Talent 136, AI 71)
#149 Verizon Communications (Agility rank 447, Innovation 250, Talent 155, AI 26)
#375 AT&T (Agility rank 465, Innovation 181, Talent 390, AI 33)
What do these numbers tell you? AT&T looks significantly less prepared for future success than its two major wireless competitors when all of the ranking factors are combined. The ranking appears to view AT&T as substantially weaker in attracting, retaining, developing, or positioning its workforce for future needs than its peers.
"AT&T has some innovative capabilities, but the organization is viewed as bureaucratic, slow to adapt, and less successful at developing and retaining the talent needed for future growth."
That combination can be especially damaging in a "future readiness" ranking because future performance increasingly depends on AI adoption, digital transformation, and workforce quality rather than simply owning a large network.
From an investor's perspective, the most concerning number in the table is probably not the innovation rank, it is the 390 talent rank, because that sees AT&T as having a weaker human-capital foundation than either Verizon or T-Mobile.
First big to do it wins.
Like sure, there's some mild benefit to some agentic augmentation to the workforce, but the scale of unrecoupable investment is about to ruin the world.
We all know it's coming and we know they'll do anything to cut labor as much as possible. All of us here have an expiration date.
Federal agents raided Wicked Superstore on June 2. The owner then announced indefinite layoffs for all staff. He stated he lacked funds to pay them for recent work. Former employees claimed no knowledge of illegal activities. The store had a history of numerous police calls and a homic--e.
Springfield, Missouri
https://sgfcitizen.org/government/crime/wicked-superstore-raided-employees/
The chatter surrounding Verizon's workforce changes has been a major point of anxiety and discussion across the company, especially following the major structural realignments that began late last year.
Here is what is currently happening on the ground and what is projected for July:
The July 16th Outlook
While Verizon's executive leadership has not issued a formal, public press release detailing a specific number of cuts for mid-summer, internal communications and widespread industry grapevine reports have consistently pointed to July 16, 2026 as the next major milestone date for localized headcount reductions and structural adjustments.
PhoneArena
Rather than a single, massive sweeping announcement, these upcoming cuts are tracking as part of a "rolling" optimization strategy. This next phase is expected to heavily tie into:
The "R2B" (Retail to Business / SMB) Shifts: Wholesale changes to Small and Medium Business sales structures are scheduled to fully take effect in July, leaving internal groups bracing for localized role eliminations or commission structure realignments.
Network & Field Engineering Pressure: Field operations have already taken massive hits over the last two quarters. Staffing discussions on internal forums indicate severe strain on the remaining field engineers, who are carrying an unprecedented number of cell sites per person to keep up with break/fix backlogs.
Reddit
The Broader Multi-Year Blueprint
The July activity isn't happening in a vacuum; it is the continuation of the aggressive cost-reduction mandate set by CEO Dan Schulman when he took the helm in October 2025.
Wireless Estimator
The Mandate: Achieve $5 billion in annual operating expense savings and reduce capital expenditure down to the $16–$16.5 billion range by the end of 2026.
Wireless Estimator
To put the current trajectory into perspective, the operational shifts follow a clear timeline:
Timeline Action / Focus Area Operational Impact
Q4 2025 The Initial Wave Verizon initiated the largest workforce reduction in its history, cutting over 13,000 corporate positions (roughly 13% of total headcount) and taking a $1.8 billion severance charge.
Early 2026 Outsourcing & Contracting Leadership aggressively squeezed third-party expenses, renegotiating cell tower construction vendor contracts well below 2021 pricing and moving heavily toward automated customer service tools.
Mid-2026 Retail Franchising & AI Shifts Ongoing transition of 180 to 200 corporate retail locations into outsourced franchise models, removing store employees from the direct payroll.
July 2026 & Beyond Rolling Departmental Audits Expected targeting of overlapping management layers, marketing, and the newly restructured SMB sales organizations. Total 2026 role impacts are projected to hit closer to 15,000 total roles as automation tools scale up.
The "Age of AI" Pivot
A significant piece of the narrative coming from the top floor is that these cuts are "inevitable" to free up capital for core 5G network innovation and subscriber acquisition to fight off T-Mobile and AT&T. Management has leaned heavily into framing these transitions as preparing for an "AI-first" operating model—even establishing a $20 million skill development fund for departing workers.
The HR Digest
VTPs incoming! 104 weeks! Low guys are getting a job offer guarantee 1-7 states away to fill the gaps after VTPers leave. Word coming down next week. Have fun with allllll that.
JPMorgan Chase is managing its workforce evolution in response to artificial intelligence. The bank plans to rely on natural attrition rather than implementing layoffs. CEO Jamie Dimon anticipates AI will eventually reduce the total number of jobs. The company intends to hire more AI specialists and fewer traditional bankers. This strategy allows for retraining and redeploying existing employees through natural turnover.
https://aimagazine.com/news/jpmorgans-workforce-strategy-attrition-over-layoffs
Whirlpool Corporation will end second-shift production at its Amana plant. This change is effective July 5. A total of 288 employees will be affected by these layoffs. The company attributes these actions to a multi-year modernization plan. Whirlpool previously laid off 341 workers in March at the same facility.
Amana, Iowa
https://www.kcrg.com/2026/06/05/breaking-whirlpool-ending-second-shift-production-amana/
How many did we lose in this round? Also, can we finally consider this over or will it continue somewhere down the line?
Packages coming. 2months max severance. Goal is 90% of engineering at LCC's by 2029