#job

Irving, O'Fallon, Jacksonville and Tampa all have numerous NEWLY posted jobs on the career site posted in late February and March.
Is Citi still hiring despite RIF?

Campbell Soup is reducing its workforce at its Paris plant. 205 of 568 employees will lose their jobs. This change is due to a plant transition. Soup production at the facility ends May 1. The plant will now manufacture Prego Italian sauces and Pace Mexican salsa.

https://easttexasradio.com/campbell-soup-layoffs/

chat are we cooked??

Tennessee's first and only Ikea store will close. The Memphis location is set to shut down in May. This closure will result in 114 layoffs. The store originally opened in 2016. It was the only Ikea in the state.

Memphis, Tennessee

https://dailymemphian.com/article/60601/ikea-memphis-closure-to-result-in-114-layoffs

Global bank Morgan Stanley announced significant job cuts. The cuts impact three percent of its global employees. The company cited changing business priorities and individual job performance. These reductions follow similar moves by other large firms. Layoffs affect investment banking, wealth management, and investment management divisions.

https://uk.finance.yahoo.com/news/huge-layoffs-continue-tech-finance-135217128.html

I am leaving for another position soon. Saw my current role posted for internal applicants listed one grade level lower than my current grade level.
Has anyone else seen this happen before?

Campbell's plans layoffs at its Paris, Texas factory. The company will cut 205 of 568 employees. Soup production will cease on May 1. The facility will now make Prego Italian Sauces and Pace salsa. This transition requires a smaller workforce.

Paris, Texas

https://www.wfaa.com/article/news/local/campbells-soup-factory-layoffs-paris-texas/287-ed71fa56-6a39-49f6-8921-db61b9d06f16

Capital One announced layoffs affecting over 1,100 workers. These cuts are part of integrating Discover with Capital One. The affected roles include 532 at the Riverwoods facility. Another 69 Illinois residents and 538 remote workers are also impacted. This marks the second wave of layoffs since the acquisition last year.

Riverwoods, Illinois

https://www.cbsnews.com/chicago/news/capital-one-layoffs-riverwoods-illinois-discover-headquarters/

There's a job listing for a Head of product owners posted recently. And a few others posted suggest mm is moving away from building fun things and more of "we need someone to police what's going on". With the publicly release financial report of "record breaking earnings" (not how I would title it) the job listing mentions "optimizing cost efficiency". It suggests this person when hired will be expected to achieve "more with less" by using automation to replace manual headcount! Whomever has this role will have to deal with a lot of legacy product owners who don't think they need another person telling them what to do. IYKYK

A South Side rail operator is closing its facility near Rickenbacker International Airport. The company, Cincinnati-based Parsec, is an intermodal railroad transportation contractor. Parsec filed a Worker Adjustment and Retraining Notification (WARN) notice. This closure will eliminate 115 jobs. The affected positions are in central Ohio.

https://www.dispatch.com/story/business/employment/2026/03/04/rail-operation-rickenbacker-close-115-layoffs-parsec/88965960007/

To all past employees of Sears, where do you work know?

Supernal, Hyundai's eVTOL subsidiary, announced significant layoffs. The company cut 296 jobs on February 27. This decision highlights ongoing challenges in the advanced air mobility sector. Supernal is not yet ready to bring its product to market. A small team of 70 to 80 employees remains to maintain essential operations.

https://www.el-balad.com/6866550

Meteor Creative will close its manufacturing facility. This plant is located in Tipp City. The closure will result in 66 employee layoffs. The facility has operated for nearly five decades. This ends its long presence in the community.

https://www.bizjournals.com/dayton/news/2026/03/03/meteor-creative-layoffs-tipp-city-facility-closure.html

Arizona employers announced job reductions for February 2026. At least 80 positions were affected statewide. Most of these cuts occurred in Phoenix retail. Saks & Company submitted the largest filing. This luxury retailer cut 67 jobs at its Camelback Road store.

Phoenix, Arizona

https://www.azcentral.com/story/money/business/jobs/2026/03/03/february-2026-job-layoffs-arizona/88866761007/

Home Depot recently announced significant changes for its corporate workforce. The company eliminated 800 positions, primarily affecting remote employees. Despite these layoffs, Home Depot plans to create 250 new jobs in Cobb County. Corporate workers are now required to return to the office weekly, supported by a child care center expansion and new parking. Company officials assert that Home Depot remains financially sound and is growing.

https://www.mdjonline.com/news/local/home-depot-employees-return-to-office-at-cobb-headquarters-after-layoffs/article_b6317a58-5623-4f02-94b3-834caa4d404b.html

BrewDog's UK brewing operations and 11 pubs were sold for $44 million. Tilray Brands acquired these assets after BrewDog entered administration. The restructuring led to 484 job losses and 38 UK bar closures. Small investors in BrewDog's crowdfunding program will not see a return. Tilray is separately negotiating to acquire BrewDog's U.S. and Australian assets.

Columbus, Ohio

https://www.columbusnavigator.com/brewdog-ownership-changes/

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.

How do you stay committed to learning why you need to do well in your job when you know you could be surplused at any time — and it can all feel pointless?

Right now in America we have more private equity firms than we have McDonald’s. Let that sink in…. More leveraged buyout shops than fast food franchises. And somehow that is supposed to be normal….

This is the investmnt vehicle of choice for Ivy League nepo babies who want the upside without the liability. They sit on top of a backlog of 31,000 to 39,000 companies they cannot sell because they stuffed them with debt and marked them at fantasy valuations. The funds are supposed to close. The assets are supposed to exit. But the market will not pay what they claim those assets are worth.

So what do they do??

The PE firm itself takes almost no risk. They create a fund. Outside investors supply the capital. They borrow the rest from banks, pensions, and public retirement systems. Then they buy a company and load the debt onto that company’s balance sheet. Not their own. The company owes the money back.

It is like buying a car where you get the title, the resale credit, and the bragging rights, but the car is responsible for making the payments. And while the car is trying to pay for itself, you sell its parking spot, lease out its tires, refinance its mainteance plan, and siphon the cash. Then you add more debt. The car still owes it all.

For years, that game worked because rates were near zero. Over the last two years, rates went up. That adjustable rate debt they stacked on top of these businesses is now costing 14 to 18 percent. In distressed deals, 21 PCT. On billions of dollars.

So the math stopped working……..

Instead of taking the loss, they started doing secondaries. ABC PE cant sell its billion dollar company. XYZ Private Equity cannot sell theirs. So they sell them to each other at the same inflated valuations. They borrow fresh money from pensions and other investors to do it. The first fund gets “liquidity.” The second fund inherits the problem.

The Financial Times has been calling this a pyramid for years. No real price discovery. No true market validation. Just circular trades at numbers they agreed on.

Then even that stopped working. One hundred billion dollars in assets could not be moved in the last two quarters of 2025, even through these internal trades.

So now we get continuation funds.

This is where it goes from financial engineering to parody. ABC Private Equity has a company it cannot sell. The fund must close. So they create Fund 2. They raise new money from new investors. Then Fund 2 buys the same asset from Fund 1 at an even higher valuation. The cash from Fund 2 pays off the investors in Fund 1. The asset never faced the open market. The price is whatever they say it is.

That is not sophisticated. That is a textbook Ponzi dynamic. New money pays off old money. The underlying asset does not justify the valuation. It just gets passed around inside the same firm.

And who is the new money? Public pensions. Retirement accounts. 401k allocations. Teachers, firefighters, municipal workers. People who do not even know their retirement is being used to refinance a debt stack on a company nobody else would buy.

Meanwhile, those companies are being strip mined. Fees. Dividends. Asset sales. Cost cutting. More leverage. All while being valued at numbers the market has already rejected.

There is now 31,000 to 39,000 companies sitting in this pipeline. They need exits. They need buyers. They need cash.

Ponzi structures always collapse the same way. Not with drama at first, but with a liquidity squeeze. Eventually you run out of new money. When that happens, the valuations get marked to reality. And reality is not kind to overleveraged assets paying double digit interest.

Instead of admitting the model is broken, the industry is looking at the biggest pools of capital left and thinking: open the pensions wider. Shift the allocation rules. Expand the mandate. Push more retirement money into private markets.

So rather than let bad bets fail, we socialize the downside.

More private equity firms than McDonald’s. Tens of thousands of companies trapped in debt stacks. One hundred billion dollars that could not even be papered over with internal trades. And the proposed solution is to feed it more pension cash.

If this ends the way Ponzi structures usually end, it will not be the partners in the Hamptons taking the hit.

It will be the retirees.

Six Wisconsin companies filed layoff notices in February. These notices affected a total of 418 workers across the state. Cargill Meat Solutions announced the largest reduction, eliminating 221 jobs. The company will close its Milwaukee meat processing plant by May. Other firms like Ahlstrom Mosinee and TJ Hale also reported significant job cuts.

https://www.jsonline.com/story/money/business/2026/03/02/cargill-fanduel-other-wisconsin-firms-filed-february-layoff-notices/88876843007/

Verizon laid off 1,319 employees in New Jersey. These layoffs took effect on February 20, 2026. They are part of 13,000 worldwide cuts announced in November. Several other large companies also announced New Jersey job reductions. Merck, Bristol Myers Squibb, and Target are among those affected.

https://wpst.com/ixp/385/p/new-jersey-job-cuts/

Hundreds of layoffs are coming to Walgreens. The Deerfield-based company called this a difficult decision. The company aims to simplify its organization and improve service. Reports indicate 469 jobs will be eliminated in Illinois. Another 159 positions will be cut in Texas.

https://www.nbcchicago.com/news/local/deerfield-based-walgreens-to-layoff-hundreds-in-difficult-decision-report/3902007/

First Brands Group is closing its western distribution center. This facility is located in Patterson, California. The closure will affect 98 workers. Layoffs are scheduled for April 4 and April 30. This action follows fraud accusations against the company's founder.

https://ca.news.yahoo.com/98-workers-stanislaus-county-face-020213695.html

Writing my “ambitious” goals this past week had me feeling 1000% unqualified and diminished in my job. Like they are asking us to figure out how to make an 8 day work week.
Which got me thinking, how many medical LOAs do you think the bank will see this year? Mental health reasons? I have to believe this number will rise this year based on the mental health downfall many are feeling from all of the impossible pressure. And if that number does in fact rise, what does it take for someone to take notice and take action? (And I don’t mean internal leadership.) I mean an external intervention. Does anyone watch those sorts of claims against a company?

Atlantic City's cyclical economy is influenced by broader national trends. Companies nationwide are hiring cautiously and restructuring steadily in 2026. Workers should watch for subtle layoff signals like reduced overtime and slower hiring. Maintaining career leverage through updated skills and market awareness is crucial. Developing side income streams can also provide financial insulation.

https://breakingac.com/news/2026/feb/27/layoffs-and-career-leverage-what-atlantic-city-workers-should-know-in-2026/

Amazon's Lancaster facility will transition to a returns-only center. This change affects 544 current employees. However, officials confirm no employee layoffs will occur. Affected workers can transfer to other nearby Amazon locations or remain at the Lancaster site. Severance packages are available for employees choosing to leave the company.

https://www.yahoo.com/news/articles/no-employee-layoffs-coming-lancaster-041356667.html

Maury County will gain new factory employment. This follows significant job reductions. The prior job cuts happened many months ago. These new roles stem from manufacturing investments. The county is receiving new industrial capital.

https://www.wkrn.com/video/manufacturing-investments-in-maury-county-after-layoffs/11563800/

ITC is about to get full, what's the point of even doing anything right now?

ITC crews are absolutely horrible at their jobs, but man are they cheap and desperate. Why do their jobs now so we get the axe next week?

AT&T
Technical Sales Consultant (SME)
AT&T · Bratislava
Added: Feb 7
AT&T
Senior Cyber Security: Remediation and Accelerated Delivery Program
AT&T · Hyderabad
Added: Jan 3
AT&T
Senior Product Designer (UI/UX)
AT&T · Bratislava
Added: Jan 15
AT&T
Scrum Master
AT&T · Bratislava
Added: Jan 20

The consultant community is advising bp board members that the Band Aid needs to be pulled quickly so bp can transition into a leaner more focused group. Expecting XOM initiatives like PIP and forced rankings to start in 2026.

How will bp employed react and adjust towards new ways of working? Realizing that the job market is abysmal and not really keen on bp skills and experience.

First Brands Group, LLC is closing two manufacturing facilities in Kansas. This action impacts 211 workers across sites in Emporia and Edgerton. The company previously filed for bankruptcy in fall 2025. Federal prosecutors indicted two brothers for allegedly defrauding lenders. Local Kansas communities are now mobilizing support for affected employees.

https://www.ksn.com/news/business/layoffs-impact-hundreds-of-manufacturing-workers-in-kansas/

Finance ops has an external job posting for a credit and collections analyst. Really? Just months after layoffs? The job description says to resolve billing and payment disputes. Can this not be done by AI or competent management? Does the executive leadership not have any prior operations experience that got this approved? Vz needs efficiency and value. Not more inefficient army building with overlap and chaos which directly caused the need for layoffs in the first place. Does Dan know people are posting external manual processing roles just months after layoffs???

CHS Northwest announced the sale of four Washington stores. This includes the Bellingham Farm & Home store. A total of 38 employees will be laid off across these locations. Layoffs for the Bellingham store will take effect April 19. The company hopes stores remain open under new ownership.

https://www.bellinghamherald.com/news/business/article314779957.html

A bunch of new job postings just went up for Kearl roles in Calgary with requirement to move to Edmonton in 2028. This is to backfill the high number of roles that will be vacant due to high number of not mobiles/declines. This is just the beginning. Word on the street is around 25% of roles in Edmonton still haven't been accepted. This is the plan folks, fill all these roles with new hires.

The 25% vacancy are a result of certain departments/teams being way short on acceptances. Unfortunately for those who haven't got offers at this point, it likely means the company doesn't think you have the required skills for these vacant roles.

Care coordinator role for post acute care. Anyone have any info on the job? Yay or nay

LPL Financial announced plans to lay off 72 employees. The financial services company is headquartered in San Diego. Most affected workers will remain employed until April 17, with some through May 1. Many eliminated positions are in middle and upper management. The company previously conducted layoffs last summer.

https://www.sandiegouniontribune.com/2026/02/19/lpl-financial-announces-layoffs-at-san-diego-office/

• Walgreens is cutting more than 600 jobs nationwide.
• 469 positions eliminated in Illinois; 159 in Texas.
• Texas distribution center scheduled to close.
• Sycamore Partners acquired Walgreens for $10 billion and plans cost-cutting measures.

https://neworleanscitybusiness.com/blog/2026/02/19/walgreens-layoffs-sycamore-partners-acquisition/

Talcott Resolution Life Inc. plans to lay off 101 employees. These job cuts will occur at its downtown Hartford office. The company is closing specific operations and information technology functions. Layoffs are effective starting April 24. Talcott aims for operational efficiency and growth focus.

https://hartfordbusiness.com/article/3-years-after-opening-its-hartford-office-talcott-financial-group-announces-101-layoffs/