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Verizon to cut about 15,000 jobs, source says

https://finance.yahoo.com/news/verizon-cut-15-000-jobs-160715206.html

Verizon to cut about 15,000 jobs, source says: (Reuters) -​Verizon (VZ) is planning ‌to cut about 15,‌000 jobs, a person familiar with the matter ⁠told Reuters ‌on Thursday.

The layoffs, the ‍largest ever for the wireless carrier and impacting ​about 15% ‌of its workforce, are set to take place in the next week,⁠ the ​person said.


2000 to go Monday in north sea service company

Administrators are on standby this weekend to handle the collapse of Petrofac, the oil and energy services group - an insolvency which could threaten the future of more than 2,000 jobs in Scotland.

Sky News has learnt that directors of Petrofac have lined up Teneo for an administration process which could be confirmed as early as Monday morning.


EEs INTENTIONALLY MISCLASSIFIED NOW CAN YOU EE’s HANDLE IT? Experience any job Title changes, Loopholes, and the Misclassification Trap

With the new mandate raising the salary threshold, many companies are quietly rebranding jobs to dodge overtime rules. Titles like “analyst,” “specialist,” or “associate manager” are being handed out without changing the actual work. It’s a loophole: the company narrative makes it look like you’re exempt, while your day-to-day duties tell a different story.

The law is clear, titles don’t matter. What matters is what you actually do. If your role is routine, closely supervised, or production-based, you’re likely non-exempt no matter what’s printed on your badge. But the timing of sudden title changes around this mandate is a red flag: it may be an attempt to fit workers into exemption boxes that don’t really apply.

For employees, this isn’t just semantics. Misclassification means unpaid overtime, longer weeks for flat pay, and missed income you’ve already earned. If your “promotion” didn’t come with real authority, like hiring, firing, or decision-making power you may have just been reclassified on paper.

Keep an eye on how your job was described before the rule change, what your duties actually are, and whether the company is leaning on titles as a shield. Misclassification isn’t an accident; it’s a tactic. And it’s one that costs workers the most.

Class action anyone ?? Long overdue!


Real news - offshoring of jobs

Nothing more ridiculous than politicians using Imperial’s announcement as a distraction to blame each other for policies or tie Carney to Brookfield.

No the campus is not being sold to Brookfield. It’s a local firm.

Make sure they redirect back to the main them. Offshoring of jobs.

They are doing nothing to prevent offshoring of jobs.


Six companies in Wisconsin announced facility closures

Six companies in Wisconsin announced facility closures in Sept. 2025, this eliminated 747 employees across the state. The job cuts marked a steep rise from August, when just 93 workers were laid off. Despite the closures, Wisconsin’s unemployment rate held steady at 3.1 percent, below the national average of 4.3 percent.

  • Action Printing, a subsidiary of JAL Equity Corp, began shutting down its facility in Fond Du Lac, with layoffs expected to continue through October 31. In total, 44 workers are affected as the company discontinues the product line produced at that location.

  • Sheridan Random Lake also announced that it will permanently close its facility in Random Lake, impacting 104 employees. The company cited a significant downturn in business as the reason for the closure, with layoffs beginning November 21 and continuing into early 2026.

  • Pregis Innovative Packaging, LLC disclosed plans to permanently close its Germantown facility, eliminating 48 jobs. The full closure is scheduled for April 30, 2026, though layoffs are set to begin earlier.

  • Saputo Cheese USA confirmed it will close its Green Bay facility in December 2025, accelerating a previously announced plan to shut down in 2024. This decision affects 240 workers.

Air Wisconsin accounted for the largest number of layoffs, with 252 workers losing their jobs across its operations at Milwaukee’s Mitchell International Airport and Appleton International Airport. The announcement follows the company’s agreement with Premier Shuttle Holdings, which has expressed interest in acquiring parts of Air Wisconsin’s operations and assets.

Finally, 360x Logistics LLC, based in Sturtevant, announced it will close its facility on October 4, laying off 59 employees. The company cited its inability to secure necessary insurance as the reason for the shutdown.

Together, these six companies — Action Printing, Sheridan Random Lake, Pregis Innovative Packaging, Saputo Cheese USA, Air Wisconsin, and 360x Logistics — underscore the economic challenges facing workers in Wisconsin, even as the state’s overall job market remains stable.


Wake up Americans!

30 years ago, when they moved factory jobs to Asia, you said “none of my business, let those low-skilled jobs go.”
15 years ago, when they moved office jobs to Argentina, you said “none of my business, I have an engineering degree from MIT.”
Today, when they move engineering jobs to India, what you have to say?
You need to act! Don’t let those white males use things like DEI and climate hoax to distract you, and in 10 years, US will have no jobs!


Cuts across the globe

1200 jobs cut in Europe. Brussels office closing. Moves to Antwerp and Prague.

200 job cuts in Prague, but taking in ~90 from Brussels.

Singapore office to close. Employees moving to refinery with cuts.

900 cuts at Imperial oil (all above-field, 350 from sites, rest from Calgary)
Calgary office closing, employees moved to Strathcona.

20% reduction in headcount in ExxonMobil Canada (separate from Imperial Oil)

Employees are our greatest asset*

  • Provided we can pay them peanuts in developing nations

So... what now?

I was fortunate to get a job in the last wave, although it was nothing that I had applied for. The only information I have on the role is the few lines of generic description that I was sent after the fact. I don't even know who my boss is. Again, I'm glad to have a job, but it leaves me wondering... what now?