#workforcereduction

Well is it time for the Layoff round 3 to happen?

Anyone else from Managed Services get axed?

My heart goes out to everyone affected. Especially those who really needed and wanted to keep their jobs.

Layoffs will Occur on Thursday and Friday March 5th and March 6th to further increase the presence of offshore contractors. No exact # of who will be impacted. This is for Optum

RIF for WM is confirmed to happen tomorrow.

Heard through the grapevine people in HR have said that they expected more attrition after the 5 day RTO was announced. So from this you could infer that a major goal, if not THE goal of this was to reduce headcount. Also this means that layoffs are coming since not enough people left.

The next piece of this is that the execs have admitted that the company is becoming too reliant on contractors, and want to balance out the hiring with more full time employees. What is not mentioned is that they want to flip contractors to FTEs. Offshore hubs are being built to facilitate this along with abusing work visas.

There has also been a major push for AI recently. Which helps reduce headcount even further. Models are now reaching the point where anyone can automate tasks or have someone vibe-code a solution that is "good enough".

The end goal of this is that they want cheap offshore labor to handle AI to push out stuff that is passable. So many current FTEs are going to be displaced. This is also the end goal of an overwhelming majority of other large companies. This is not systematically sustainable. And the working class is being set up for a world of hurt.

Wells Fargo is struggling after laying off 5,600 workers — and paying millions in severance - Market Realist https://share.google/6Ie7MrFCLAJ55vvL4

No customer yet.

If you think you have what it takes to make it outside Wells Fargo, you best be looking. Latest survey has just over 60% of US companies saying they plan to reduce workforce numbers in 2026.

Run. Hide. Fight. Kiss your a@@ goodbye.

There have been numerous rebadging (moving functions and the people that support it to a contracting firm) over the last few years, significant ones with Infy, HCL, and Cognizant. I'm hearing it's coming again, on and off shore.

Anyone have any details on the areas impacted?

I just got out of a meeting where my VP made it pretty clear that by end of this year, he wants a 30:70 employee ratio between USA and HIH. There was another thread here talking about this, but seems to have been deleted (I didn't know layoff.com deleted threads).

We are given a timeline now to make this happen and get our ratios aligned to this goal. I wonder how long before our turn to have our job be offshored.

Does anyone have numbers of how many we let go? and what groups

I heard that layoffs from bench are coming, potentially with as little as 2 weeks bench time. What are others hearing?

AOL is implementing job cuts. One hundred eight positions are affected. These reductions impact the Reston office. Bending Spoons acquired AOL. This acquisition led to the workforce changes.

AOL is implementing job cuts. One hundred eight positions are affected. These reductions impact the Reston office. Bending Spoons acquired AOL. This acquisition led to the workforce changes.

I read that the corporate workforce was around 6,500, which felt surprisingly low for Walgreens. That figure was from 2021. What do you think the corporate headcount is now? Above or below 5,000? That still seems incredibly low to me.

My source is never wrong. And feels like this year will be big. That second part is an opinion.

Anyone attended a town hall meeting this morning? During their laughable TED talk, it was brought up that India has the largest headcount of State Street employees at 19,000. Let that sink in. At this rate, the only people will have jobs in the US are the SVPs and their Indian H1B1 workers.

There is something definitely going on with the requirement process where Indians are getting preferential treatment over other ethnicities and locations. Right now, all recruiters are based in India and it seems they are mainly focusing on candidates that are from India. I noticed even for local job reqs, Indians living in the US are being selected over other candidates for jobs and promotions. Its fine if someone is more equalified should get the role or promotion, but most of time I find out these Indian workers were just good at lying on their resumes and interviews and we have to pick up their responsibilities.

Legends Hospitality LLC filed a layoff notice for View Boston. View Boston's restaurants will close on April 21, 2026. This action affects at least 41 employees. The workforce reduction takes effect April 22, 2026. The company plans to expand event space and new offerings.

https://www.wcvb.com/article/view-boston-restaurants-closing-april-21-notice-filed-for-layoffs/70515824

Heard there was a large chunk of users primarily former allina people gutted. Anyone know if it went beyond them?

To the HR and/or legal representatives assigned to monitor this thread...maybe float the idea of an early retirement package option. For example, offer 5 years of age and tenure in exchange for early retirement. I wager you'd get a few takers and thus reduce the burden of another involuntary force reduction.

My department, PLM, announced voluntary layoffs are coming. Sounded like it might be in waves but not 100% sure. They said other areas across the enterprise will be doing the same as well. Anyone else hear anything?

Yes — **Verizon Communications has WARN Act filings listed for 2026 at its Basking Ridge, New Jersey location. Public state WARN tracking data shows two separate notices for that location in 2026 — one in February 2026 and another dated November 1, 2026 — both affecting around 1,319 employees. 

Here’s what that means:
• Yes, they filed a WARN Act notice in 2026 for Basking Ridge.
• These filings indicate planned workforce reductions that the company notified to the state.
• WARN notices give advance notice (typically 60 days) before large layoffs are carried out. 

So the answer is yes — Verizon has WARN Act filings in 2026 for that office. 

If you want more details on what a WARN filing entails for employees (notice period, benefits, etc.), I can explain that too.

There are no roles that can’t be back filled so why not take volunteers to assist in the mission of reducing workforce. Many would take it and be gone already.

KC site to layoff ~150 employees over the next 3 years. This is roughly 1/3 of the site. Any more specific news?

Your leaders are training AI to replace them.

There’s been about 1,500 let go in the first two rounds So if the “2000 employees by end of February” is accurate, then yes, there will be more.
OP: @ar+1kj82pds4

Will be communicated through unions and worker councils depending on local laws. That's what I heard but do not know how the numbers break down.

WIP: Machine learning + Code + AI - in flight - optimizing refinery scheduling, crude blending... logistics + maintenance sequencing. Now calculate # of jobs lost and $$$ in someone else's pockets

How many of these jokers got cut by state?

Intel's next scheduled major job eliminations for 2026 are set to take effect on July 15, 2026. These cuts specifically impact manufacturing hubs, including four campuses in Oregon, where worker counts for this round jumped nearly fivefold to approximately 2,400 roles.
This 2026 wave is part of a broader initiative to slash an additional $1 billion in operating expenses throughout the year to reach a target global headcount of approximately 75,000 employees.

Lucid is cutting 12% of its workforce, with more than 300 layoffs affecting workers at or reporting to its Newark headquarters.

The electric-car maker is cutting more than 300 Bay Area positions, with 200 coming from engineering alone.

https://www.bizjournals.com/sanfrancisco/news/2026/02/23/lucid-layoffs-newark-warn-letters.html

Just venting. I know I will change nothing. I know they do not care but there you have it. This $$$ concept is a cancer.

To save money/show stock market, Draftkings did a layoff today.
Does anyone knows how many got impacted?

Do we know how many employee were layoff globally ?

The pharmaceutical giant said in a filing with the New Jersey Department of Labor & Workforce Development, it expects to let go 247 employees between May and December.

BMS did not say which positions it will target or at which locations the reductions will take place.

https://njbiz.com/bristol-myers-squibb-nj-layoffs-cost-cutting/

Jelly Belly will lay off 69 employees at its Fairfield operations. These layoffs begin in June and affect corporate-commercial operations. Roles in accounting, sales, marketing, and purchasing will be cut. Manufacturing, warehousing, and visitor center staff are not impacted. Layoffs will continue in sequences until January 2027.

https://www.sacbee.com/news/business/article314806241.html

The Regional Transportation District (RTD) faces a significant $250 million budget shortfall. The agency launched an Optimization and Sustainability Plan to address this deficit. This plan involves restructuring operations and eliminating certain vacant and filled positions. Estimated savings from this realignment are approximately $10.7 million. The union representing RTD employees has not yet been contacted about potential layoffs.

https://www.cpr.org/2026/02/22/rtd-layoffs-250-million-dollar-shortfall/

Boston Metal will lay off 71 employees. This follows an industrial accident at a Brazilian facility. The accident caused critical equipment failure and halted operations. It also led the company to miss a key operational milestone. As a result, Boston Metal lost access to essential committed capital.

https://www.masslive.com/business/2026/02/industrial-accident-forces-71-layoffs-at-mass-metal-company.html