#workforcereduction

Citi’s stated goal of reducing headcount from roughly 240,000 in 2022 to about 180,000 by 2026 cannot be reconciled with the headline figure of ~20,000 layoffs. Even allowing for normal attrition and divestitures, the numbers imply that a far larger reduction is occurring off-headline—through hiring freezes, role eliminations via restructuring, automation, and business exits—suggesting the “20,000” figure significantly understates the true scale of workforce contraction.

Also... Increases DLC Price...

Mighty Coconut, the studio behind Walkabout Mini Golf, confirmed recent layoffs. Approximately eight positions were eliminated, affecting about 25% of its workforce. The studio cited economic pressures within the VR industry for these changes. New VR DLC courses will now be priced at $4.99, an increase from previous offerings. Development for the Walkabout Mini Golf Pocket Edition on iPhones is also paused.

https://www.uploadvr.com/walkabout-mini-golf-layoffs/

Tyson recently laid off over 1,700 workers in Amarillo. This sudden change drastically impacted the local job market. Workforce Solutions Panhandle and the City of Amarillo are hosting a job fair. This event is specifically for former Tyson employees. It offers a chance for face-to-face interviews with hiring managers.

https://thebullamarillo.com/amarillo-tyson-job-fair-2026/

Amarillo, Texas

Wells Fargo Announces New Layoffs in West Des Moines

Wells Fargo announced 33 additional layoffs at its Jordan Creek campus. These job cuts in West Des Moines are effective March 20. This latest round brings the total Des Moines metro layoffs to 1,426 since April 2022. CEO Charlie Scharf has consistently warned of ongoing workforce reductions. He attributes these changes to efficiency goals and the impact of artificial intelligence.

https://www.desmoinesregister.com/story/money/business/2026/01/23/wells-fargo-layoffs-jordan-creek-west-des-moines/88318441007/

Another round of company wide layoffs today

https://uk.finance.yahoo.com/news/citigroup-extends-global-workforce-reductions-170010907.html

Historically - no major cull in Jan always means a very large cull in Feb

https://www.reuters.com/world/citigroup-lay-off-more-employees-march-sources-say-2026-01-23/

1. Part of messaging to analysts that OpenText is continuing on its promised transformation as announced when MB was fired. This says, we mean business, we are pulling out people in, we have control over their output. When business declines, pretending to change the dynamic of a component of that failure is part of telling analysts your recovery story.
2. Attrition: Attrition is expected and welcome. There is a stat on this as part of the planing. Any employee contributing at high value or in a niche way is absolutely not on the handpicked RTO list.
3. The list is VERY deliberate. You will note that today's employer communication underscored sales teams are exempt. Sure they gave reasons, but the reality is, OT is in the business of SELLING not INVENTING. OT can and will easily replace any employee who Isn't selling and that includes sellers.
4. This is a preamble to the entrance of the new CEO. More control, more expectation, more oversight is the message.
5. Stay tuned. Several more big announcements coming including restructuring and leadership exits through the fiscal year.
6. Big carve out Q127
7. Big change coming for one of the "core" business units.
8. 1-6 are all part of the process of reducing headcount through voluntary exits (non executive) and golden parachutes for senior leaders.
9. Followed by a HUGE WFR.

The department store chain Macy’s says it will close a fulfillment and distribution center in Connecticut and lay off more than 1,000 workers. Recent filings with the Connecticut Department of Labor show that the company plans to shut down locations in South Windsor and Cheshire, with 1,050 employees impacted overall.

https://www.newsweek.com/macys-makes-mass-layoff-announcement-11398780

Ok now that round 1 of layoffs have taken place, what does anyone know about round 2? I’m sure we all are smart enough to know there’s multiple rounds and a list.

Nemacolin confirmed Wednesday it has laid off an undisclosed number of employees.
A statement from the Fayette County resort said the workforce reduction followed changes in available room inventory that have impacted guest volume and operational demand.

https://triblive.com/local/regional/nemacolin-confirms-layoffs/

Nemacolin confirmed Wednesday it has laid off an undisclosed number of employees.

A statement from the Fayette County resort said the workforce reduction followed changes in available room inventory that have impacted guest volume and operational demand.

https://triblive.com/local/regional/nemacolin-confirms-layoffs/

3% of workforce

TelaForce, LLC has disclosed plans to permanently lay off 104 employees and close its Kansas City facility after its government contracts came to an end. The information was shared in a filing made under the federal WARN Act. The company said the site at 2300 Main Street will officially close on March 20.

https://www.msn.com/en-us/news/us/telaforce-announces-permanent-layoffs-for-104-employees-as-kansas-city-unit-closes/ar-AA1UBRJx

Title.

Two people on our team were let go or displaced or whatever today.

Hoskinson was hit with another wave of layoffs toward the end of last week. According to a report from WyoFile on Friday, the Hoskinson Health and Wellness Clinic plans to eliminate roughly 40 positions. The layoffs follow a separate round of job cuts just weeks earlier, when more than 120 workers were let go from Hoskinson Contracting.

https://newslj.com/gillette-clinic-expanded-too-quickly-co-owner-says-after-dozens-laid-clinic

No more hybrid schedules. More employees will be assigned to offices as well. 100 percent office requirement. Move or resign. A sneaky way to cut the workforce without having to pay severance.

Frontier is a very lean organization compared to us, and 70% of their base is union who entered into a 3 year contract towards the end of last year - basically ensuring a certain pay till 2028. Where on earth are they going to cut when Frontier is already so lean with little to no fat?

The Mission Bell Winery in Madera is preparing to lay workers off, after its distributor contract expired.

The announcement was made to employees on Tuesday. More than 200 people will be out of a job, according to a county official.

Previous employees say the announcement is shocking, adding that Mission Bell plays a significant role in the local economy.

https://kmph.com/news/local/mission-bell-winery-in-madera-to-lay-off-over-200-employees-as-contracts-with-gallo-end

First quarter of 2026

Anyone know why RDE got let go?

So Apparently PNC will require all "In-Scope" employees to go back to the office five days a week starting May 4, 2026.
Some of my coworkers and other people I've talked to while doing technical support for the PNC employees feel this is a move to get people to quit in order to avoid having to lay off people.

Too much fat

In a regulatory letter filed Tuesday with state and local officials, Valero said it expects to permanently idle refinery processing units at the Benicia facility and lay off 237 of its 348 employees from March 15 to July 1.

https://www.sfchronicle.com/bayarea/article/valero-benicia-refinery-layoffs-21297216.php

On January 15, Baxter laid off about 100 people in the care communications division which focuses on nurse call, RTS, and wireless phones

I guess no awards this year. The bank needs to drop thousands of jobs to meet their efficiency target, I assume this is the start to get people to leave in their own.

In the lastest company communication, Ron says we 'mark a strong finish to another successful year for State Street'.

He also mentioned that he looking forward into workforce reductions. What a stand up guy!

If you heard your manager this month saying they had to attend 'transformation' meetings, this is what it was: Next Gen transformation. You and are team may get impacted.

Here’s a breakdown by region and area. These numbers have been verified.

All regions combined

ICs: 43 will be let go

Managers (including senior managers): 5

Per area

ICs: 10–12, depending on the area

Managers: 2 per area
To reduce costs, all senior managers in each area will be let go as their responsibilities can be handled by managers at a lower cost.

Evolent started the new year with another round of layoffs on 01/15/26.
Approximately 125 people so far located in US, Philippines and India.

Valero Energy Corp. has announced plans to eliminate 237 positions at its Benicia refinery as it prepares to wind down operations at the facility, one of the last fuel-making plants in California. In a letter to state employment regulators and local officials, the company said it expects the closure to be permanent, with layoffs taking place from March 15 through July 1. The impacted employees are not represented by a union and make up most of the refinery’s 348-person workforce.

https://news.bloomberglaw.com/daily-labor-report/valero-to-cut-more-than-200-jobs-as-california-refinery-closes

Several dozen employees at Wright-Patterson Air Force Base are expected to be laid off, according to a WARN notice. Sumaria Systems, LLC submitted the notice to the Ohio Department of Job and Family Services, stating that 57 workers at Wright-Patt are scheduled to lose their jobs on January 31.

https://www.yahoo.com/news/articles/warn-notice-57-layoffs-expected-172355388.html

February special. Good luck.

Meanwhile, on the T-Mob layoff site, they are talking about the 10k layoffs they had today

A wholesale salon and beauty supply distributor operating near Birmingham has announced plans to shut down its facility, triggering layoffs that will affect nearly 80 employees.

https://www.al.com/business/2026/01/salon-distributor-to-close-alabama-facility-laying-off-80-workers.html

Zayo is laying off about 15% today. Another successful period by the inept people in leadership positions.

Announced at 10:30am EST on 1/15/2025 the SDR organization including Small business and Government teams have all been let go, effective immediately. Not just 30% of the workforce as was being reported. The entire Org has been eliminated.