#workforcereduction

Did anyone from Talensource get let go?

They will get to their 30% and another 10k -
The slow drip is ki-ling us

Weaker businesses are to be slashed significantly as the new focus on AI technologies and AI infrastructure.

People keep saying the cuts are done or will end soon. I've been here long enough to know they won't. This is just how we operate now.

With the whole Cognizant thing done, are those of us who're left behind safe at least for a while?

Meta got sued for age discrimination. See https://www.linkedin.com/pulse/called-them-dinosaurs-lawsuits-began-ai-bias-hiring-more-vanderburg-wff9c.

The data cited in the lawsuit is stark:

Employees over 40 were 1.5x more likely to be laid off than employees under 40.
Employees over 50 were 2.5x more likely to be terminated than their younger colleagues.

The workforce reductions last December appeared to disproportionately affect employees with older ages. Is there any public data support my observation?

A recent study analyzed worker risks across the United States. Affordable Contractors Insurance conducted the comprehensive report. Mississippi ranked eighth among states with the biggest risks for workers. Factors included high layoff rates, low wages, and limited unemployment benefits. The state also lacks paid sick leave and family leave laws.

Biloxi, Mississippi

https://amp.sunherald.com/news/local/article315646434.html

The staff reductions span Georgia, Louisiana, and Michigan, impacting a wide range of positions from headquarters-based corporate roles in Atlanta to operational employees in different field locations.

https://www.harianbasis.co/en/packaging-manufacturers-layoffs-facility-closures

Months over month, us-based employee count is down 100 and India offshore contractors are up 400

India has 44 openings now in workday.

But I seen your leadership tells you that they are not offshoring. Fu--ing liars.

More than 5,800 federal public lands workers departed last year. This affected eight Mountain West states. Agencies like the U.S. Forest Service saw significant declines. Many workers were reassigned to the Interior Secretary's office. This reorganization may lead to slower decision-making.

https://www.cpr.org/2026/05/07/how-many-federal-public-lands-jobs-did-colorado-lose/

Ticketmaster cut approximately 350 jobs globally. This reduction represents 8% of its total workforce. The layoffs primarily affected engineering, product, and design teams. The company cited stronger prioritization and restructuring efforts.

https://qz.com/ticketmaster-layoffs-350-jobs-engineering-design-050726

The Energy and Environmental Research Center at UND implemented workforce reductions. Forty benefited employees were affected by this decision. This total includes 27 permanent reductions and 13 temporary furloughs. The EERC plans to rehire furloughed staff as funding and operational needs allow. The EERC previously employed around 210 people.

Grand Forks, North Dakota

https://www.grandforksherald.com/news/local/unds-energy-and-environmental-research-center-makes-reduction-in-force-due-to-delays-in-funding

After todays announcement, it's sure 100% layoffs are happening, do you know what will be the severance, if they will do mass layoffs do you think they will increase severance?

https://www.reuters.com/business/verizon-cutting-few-hundred-jobs-nationwide-2026-05-07/

Google says vz has 89,900 employees. The count of contractors is not available. Could contractors be included in the "total" global workforce count (as referenced in several new stories about the firings)? The number of fulltime employees is 89,900 (per Google). The count of contractors could be 10K, 50K, 100K....

Verizon layoffs 2026: hundreds more jobs cut nationwide [ Yahoo Finance ].
Colleen Cabili
Thu, May 7, 2026 at 3:03 PM EDT

About six months after eliminating more than 13,000 positions in its largest-ever single round of layoffs, Verizon has confirmed a new wave of cuts totaling several hundred jobs across the country.

Without offering a precise figure, Verizon characterized the scope as under 1% of its global workforce, Business Insider reported. Smaller business units bear the brunt of the reductions, with Verizon's Basking Ridge, New Jersey campus seeing the heaviest impact.

"We're continuing to add head count to grow parts of the business that are growing while making targeted job reductions to portions of the business where this is needed," a Verizon spokesperson said in a statement.

At a time when many employers have pointed to AI as a rationale for headcount reductions, Verizon explicitly ruled out the technology as a factor in these cuts. Workers who lose their jobs can pursue any of the more than 1,000 U.S. roles currently listed on the company's careers page.

On last week's earnings call, CFO Anthony Skiadas described the company as operating with a leaner structure since the prior year's cuts and signaled that efficiency efforts would extend past 2026. During the same call, CEO Dan Schulman highlighted AI's growing footprint at Verizon, pointing to reductions in vendor support costs of up to 70% and a 40% gain in software code output.

When announcing the November 2024 cuts, Schulman characterized the scope as company-wide and said the savings would be redirected toward improving the customer experience.

https://finance.yahoo.com/markets/stocks/articles/verizon-layoffs-2026-hundreds-more-190352303.html

https://www.businessinsider.com/verizon-cuts-hundreds-of-jobs-in-latest-round-of-layoffs-2026-5

Delta Air Lines confirmed organizational restructuring is underway. This includes some level of workforce reduction. The airline disputes rumors of massive 8% layoffs. Changes are driven by organizational needs, not external factors like oil prices or AI. Several top-level executives recently retired.

Atlanta, Georgia

https://liveandletsfly.com/delta-air-lines-layoffs/

Verizon is cutting several hundred US workers. This action follows 13,000 job reductions in November. The current cuts represent less than one percent of its total workforce. Impacted employees are located across the US, with a focus on New Jersey headquarters. The company confirmed these layoffs are not due to artificial intelligence.

Basking Ridge, New Jersey

https://www.businessinsider.com/verizon-cuts-hundreds-of-jobs-in-latest-round-of-layoffs-2026-5

15% cuts happened in GTS today

They started laying off people in my dept today. I do not know how many

Rumors here in the tower is that the layoffs have begun. Seen couple folks packing up and being escorted out by security.

They’re openly patting themselves on the back about plans to reduce workforce by 65%

https://layoffhedge.com/h1b#st=MI&county=HOUGHTON&cs=MI&tab=leaderboard

G5 Entertainment announced plans to lay off 180 employees. This reduction accounts for almost a quarter of the company's workforce. The company expects to save approximately $6.2 million annually through this cost reduction program. CEO Vlad Suglobov called the decision difficult but necessary. Further layoffs might occur if revenue declines and player acquisition costs rise.

https://wnhub.io/news/hr/item-50765

BNY’s green‑sock LinkedIn stunt wasn’t tone‑deaf — it was a victory lap. A soft‑focus “look at my humanity” performance from our illustrious CEO while employees report stealth layoffs, collapsing teams, and RTO engineered as a slow‑motion purge. It’s financial‑literacy cosplay from executives whose biggest budgeting challenge is deciding which trust to park their bonus in.

And the benefits list? Employees on this forum have already torn it apart with receipts.

Matching newborn savings
A $1,000 match is meaningless when people are afraid to have children because reorgs hit harder than parental leave. Posters repeatedly note that job security is so fragile that planning a family feels reckless.

Down‑payment assistance
Employees point out that RTO forces them into higher‑cost commutes while raises trail inflation for the fifth straight year. Many can’t qualify for mortgages because BNY’s pay bands — widely discussed on the forum — are below market and frozen in amber.

$0 healthcare for those under $75K
This isn’t generosity; it’s a confession. Thousands of full‑time employees at a global bank earn under $75K. Forum posts consistently highlight that this tier is where burnout is highest, turnover is intentional, and workloads balloon after “efficiency” cuts.

401(k) student loan match
A rounding error. Employees repeatedly describe doing the work of two or three people after headcount reductions. A token match doesn’t compensate for systemic understaffing.

So yes — associates are right to question the CEO’s sock‑based empathy tour. When leadership posts costume‑level symbolism while employees describe exhaustion, fear, and constant headcount erosion, the message is clear and unmistakable:

The socks are green.
The spin is polished.
The workforce is disposable.
#LifeatBNY

PayPal plans to cut 20% of its staff. This reduction will take place over the next two to three years. The company aims to accelerate its adoption of artificial intelligence. These job eliminations are also part of a cost-cutting initiative. CEO Enrique Lores stated PayPal underinvested in its technology platform.

https://www.wsj.com/business/earnings/paypal-to-cut-costs-after-profit-falls-dc42baf9

WK NY had layoffs this week and has already cut upwards of 5% of its staff.

There’s more to come —potentially a full-scale overhaul of Henry Schein and its subsidiaries. The process raises serious concerns, and it warrants government scrutiny. The continued shift of jobs overseas to India, is destroying the US workforce.

The Pasadena Unified School District Board will finalize workforce reductions. This action affects 61 certificated and 246 classified employees. The district faces a structural budget deficit exceeding $30 million. These layoffs are required by state law before a May 15 deadline. Affected employees will receive reemployment rights under the Education Code.

Pasadena, California

https://pasadenanow.com/main/pusd-board-to-take-up-final-layoff-resolutions-thursday

Biontech plans significant production cuts. This German company will reduce its workforce. Approximately 1,800 staff members will depart. Decreased demand for COVID-19 vaccines drives this decision. Biontech developed its vaccine with Pfizer.

https://medwatch.com/article19266743.ece

It’s 9600 now. Should 9400 including folks got laid off earlier this year.

Arnold Palmer Regional Airport anticipates staff reductions. Executive Director Maurice Haas confirmed upcoming layoffs. The airport has 50 employees. Spirit Airlines recently canceled all flights and ceased operations there. Spirit was the airport's only commercial airline.

Latrobe, Pennsylvania

https://www.lightnercommunications.com/2026/05/05/layoffs-coming-at-arnold-palmer-regional-airport/

Coinbase is reducing its workforce by 14%. CEO Brian Armstrong shared the news on X. He cited a need for greater company efficiency. Armstrong also noted AI's impact on changing work processes. Engineers now use AI to complete tasks in days that previously took weeks.

https://www.businessinsider.com/coinbase-layoffs-ai-brian-armstrong-job-cuts-letter-2026-5

Anyone?

New Jersey employers filed multiple layoff notices in April. These filings put a total of 2,273 jobs at risk statewide. Bayonne University Hospital issued a notice for nearly 1,000 potential job cuts. FreshRealm's bankruptcy filing jeopardizes 637 positions. Other companies like Bristol-Myers Squibb, AT&T, and Alan Ritchey also announced layoffs.

New Jersey

https://www.nj.com/hudson/2026/05/nj-losing-2300-jobs-as-layoff-filings-surged-in-april.html