#jobsecurity

California introduced a new tool on Thursday. It serves as an early warning system for AI-driven job loss. The "California AI-Unemployment Tracker" links AI exposure to unemployment claims. This system monitors for labor market disruption in real time. Currently, no widespread AI-driven layoffs are indicated statewide.

https://www.ocregister.com/2026/06/25/california-state-government-launches-ai-job-loss-tracker-as-layoff-fears-grow/

SAS eliminated 300 positions last week. These job cuts occurred across the company. A spokesperson called them "targeted changes." Affected employees can apply for other open roles. SAS also has hundreds of open positions worldwide.

Cary, North Carolina

https://www.wral.com/business/technology/sas-cuts-300-jobs-across-the-company-june-2026/

I wish Verizon would be more transparent regarding our jobs. I’m working doing what I’m supposed to do but it’s an elephant in the room. In VCG a lot of upper management meetings but nothing definitive about layoffs are being shared or hinted. We’re all trying to read between the lines and it’s stressful.

Have a lot of people been applying for jobs or just waiting to see what happens first?

They have just started to do major Layoffs nationwide!!!!!!!!!!!! They have not announced anything and are telling employees to keep it hush.
Positions are being dissolved, and are encouraging people to apply to other positions within the organization

Q2 Earnings will be a disaster (yes, we have a few days left), and all this job cutting will continue throughout 2026.

There were no meaningful, needle-moving developments in Q2: no market-disrupting announcements, no material improvement in execution, and interest rates remain elevated. That last point matters because the company is carrying more than $20 billion in debt, making refinancing and deleveraging increasingly challenging. At current levels $35-38, this stock is not 'a bargain' - it is a value trap.

The bull case largely depends on achieving more than $3 billion in free cash flow by 2028. That assumes flawless execution over the coming years. That assumption is far too optimistic. The scale of the cost reductions (layoffs, outsourcing) has significantly increased execution risk, while higher interest rates will likely slow debt reduction more than current projections suggest.

Then there’s the AI narrative. So far, it looks more like hope than evidence. Many large enterprises have discovered that indiscriminately consuming AI tokens is one of the most expensive and least efficient ways to improve productivity. Until there are measurable business outcomes—not just promises—I don’t see AI materially changing the investment case.

If you’re still at the company and haven’t started exploring other opportunities, seriously consider doing so. The current management team is delusional and underestimates both the financial complexity of the turnaround and the challenge of rebuilding the execution engine after such deep cuts. Don't expect a meaningful recovery unless the board takes decisive action.

And if you were recently laid off, I’m genuinely sorry. While it may not feel like it today, there are strong companies looking for talented people. Hopefully, you negotiated a fair severance package. Take some time to recover, then focus on your next opportunity.

Campbell's is closing its snack plant. The facility is located in Jeffersonville. This closure will result in layoffs. More than 100 employees are expected to be affected. These job losses are part of the plant's shutdown.

https://www.whas11.com/video/news/local/layoffs-coming-at-campbells-snack-plant-in-jeffersonville/417-102bfea5-05a9-44f9-a653-3d29c8959401

If we knew that once this is all over, once VSPs and involuntary layoffs are done, we're good. We can relax, we can do our jobs without worrying. Sadly, we all know that even after all the stressing and anticipation, once this is over, we'll just move on to the next round, or next reorg, or next something that'll threaten our jobs. And that su-ks.

Americans express high anxiety about job security. This concern persists despite a remarkably low unemployment rate. New Glassdoor research identifies artificial intelligence as the primary worry. Some companies, including Meta, Amazon, and Salesforce, have cited AI in recent layoffs. However, AI's overall impact on broad employment figures remains limited so far.

https://www.marketwatch.com/story/americans-are-as-worried-as-ever-about-layoffs-and-losing-their-jobs-why-so-much-angst-6503fb63

A state filing confirms job reductions at Beneteau. The company will affect 239 workers. Its Cadillac, Michigan, facility will close. Layoffs are scheduled to begin in August. Market downturn and Middle East conflict are cited as reasons.

Cadillac, Michigan

https://tradeonlytoday.com/industry-news/filing-confirms-beneteau-layoffs/

JPMorgan Chase is laying off 244 employees at its Plano campus. These cuts represent about 2% of the campus workforce. The affected positions are primarily fraud specialist roles. Layoffs are expected to begin on August 21. This action is due to the bank discontinuing inbound fraud call center operations.

Plano, Texas

https://www.wfaa.com/article/news/local/jpmorgan-chase-enacts-layoffs-in-plano/287-e3495187-b7b9-4822-b6b7-84c07d323856

So there has been employees hired less than a year ago, how do they size up to those who have been here a lot longer? Based on certain comments here seems like there is quite a bit of individuals who didn’t get the VSP. So I’m like what does that mean for them?

Anyone here anything about retail stores/closures or are they safe this time.

How many of us will remain and in what capacity?

S&P Global reported on US manufacturing layoffs. Layoffs in June reached levels not seen since 2009. This excludes the initial COVID-19 outbreak in 2020. Concerns over global demand and rising costs drove these job cuts. Manufacturing PMI growth was mainly due to inventory replenishment.

https://www.bitget.com/amp/news/detail/12560605474712

Job losses due to implementation of AI is coming soon .

New Jersey employers announced 8,177 mass layoffs this year through late June. This total surpasses the number of layoffs reported by the same time last year. Verizon and AT&T, two major telecom companies, contributed to these recent job cuts. Verizon announced 191 layoffs in Basking Ridge in June, following earlier cuts. AT&T also reported 138 layoffs in Cumberland County, adding to its previous reductions.

Basking Ridge, New Jersey

https://nj1015.com/nj-layoffs-june-update/

A decade after the people of Casa Grande were sold an electric-vehicle dream — with thousands of jobs and millions of dollars in investment promised — some locals say the reality has been far different. It’s only gotten worse after Lucid Motors announced another round of layoffs.

https://www.azfamily.com/2026/06/24/still-shock-casa-grande-feels-impact-after-lucid-motors-layoffs/

The School District of Palm Beach County is eliminating 76 positions. These affected roles are Media Clerk I and Media Clerk II. Employment for these individuals will conclude on July 31, 2026. Increased compensation costs and declining student enrollment caused these changes. The district aims to re-employ as many affected staff members as possible.

West Palm Beach, Florida

https://cbs12.com/news/local/76-palm-beach-county-school-district-employees-to-be-laid-off-by-end-of-july-florida-news

Lucid Motors recently declared additional job reductions. The company is decreasing its total employee count by 18 percent. This affects 705 individuals at their Casa Grande, Arizona plant. The local community now faces increased economic uncertainty. These are the second staff cuts implemented by Lucid this year.

Casa Grande, AZ

https://www.azfamily.com/2026/06/24/still-shock-casa-grande-feels-impact-after-lucid-motors-layoffs/

I went from being terrified AI bubble was going to burst resulting in me losing my job to losing my job anyhow, changing the industry, and now watching as the bubble strains, eating popcorn and cheering for all of those who got rid of us to lose everything when it happens.

Coming to Centene was the worst decision I've ever made. I was thrilled when they offered me the position. Now I wish I'd never taken it.

Then I did some research. I looked at every company in our industry that I might apply to and I found they all have the same problems we do. Same complaints on the forums, same issues with management, and same uncertainty. So what's the point? I'd be jumping from one sinking ship to another. For now, I'm staying with what I know.

Delta Air Lines is changing its ground-handling contractor at Bradley International Airport. G2 Secure Staffing, LLC, the current contractor, filed a WARN notice for 100 jobs. This notice indicated potential job eliminations by August 19. Delta clarified the notice relates to a contractor change. G2 employees have been offered positions with the new contractor, HHS.

Windsor Locks, CT

https://patch.com/connecticut/windsorlocks/delta-says-100-bradley-airport-layoffs-may-not-mean-lost-jobs

Two companies in New Jersey announced 260 job cuts. Verizon Corp Resources Group filed notices for 191 workers. These Verizon layoffs will occur in two rounds by September. Digital Room LLC plans to eliminate 69 positions in Saddle Brook. These new filings contribute to 746 total layoffs disclosed in June.

New Jersey

https://www.nj.com/business/2026/06/260-nj-workers-may-lose-jobs-as-2-more-employers-announce-layoffs.html

Are you taking the severance or are you applying for a new role?

The Minnesota Star Tribune will implement layoffs and buyouts. This action will reduce its newsroom staff by 15%. Twenty-five newsroom jobs will be eliminated. Publisher Steve Grove indicated exploring foundation ownership for the newspaper. Owner Glen Taylor has consistently invested in the paper's future.

Twin Cities, Minnesota

https://www.axios.com/local/twin-cities/2026/06/22/star-tribune-newsroom-layoffs-buyouts

Johns Hopkins announced its largest job cut ever. Over 2,000 positions were eliminated. Cuts affected medical and public health divisions. A nearly billion-dollar funding cliff caused this. USAID pullbacks contributed to the shortfall.

https://www.aol.com/articles/12-big-layoffs-know-165913611.html

Over 5,000 Tennessee workers faced layoffs or closures halfway through 2026. The total reached 5,001 affected workers as of Monday. Recent WARN notices included Hard Rock Cafe, YesCare Corp., and Smurfit Westrock. These companies affected 61, 150, and 52 workers respectively. Tennessee's unemployment rate remained at 3.6% for four consecutive months.

Nashville, Tennessee

https://www.actionnews5.com/2026/06/22/warn-notices-5000-working-tennesseans-affected-by-closures-layoffs-halfway-through-2026-heres-what-we-know/

If you're planning to leave (and who isn't, right?) here's some advice from someone who's been around. Pay and title matter, but culture and environment matter even more. I focused too much on the first two and ignored the rest. Don't make the same mistake.

If you're smart, you should have been actively looking and applying for a job from the start of the year, if not sooner. No one is safe here, and I think that's been blatantly telegraphed for a while now. This is not the same company I joined 15 years ago, that's for sure.

https://commonwealthbeacon.org/economy/coca-colas-northampton-plant-closing-will-trigger-175-layoffs/

I'm curious how people who were laid off are doing with their job search. Is the market brutal or are you finding opportunities? Would love to hear from anyone still checking in.

Reference - https://www.hcamag.com/au/specialisation/hr-technology/all-our-human-developers-could-be-replaced-by-ai-within-a-few-years-sap-boss/579647

Statement of intent which will be moved towards gradual actions!

I heard from people that they training someone to do their job, what does that mean they are done or what?

Friends, I've been at ADP for about 20 years. I've noticed that the most common time for them to do layoffs is the last two weeks of June (right before the start of the new fiscal year). So if we make to July 1, we're probably ok, at least for a little while.

I'm exhausted from the constant worry. When can we finally relax? Will we ever again have some semblance of job security?

Initial unemployment claims in the US fell. This signals that layoffs remain low despite economic uncertainty. Employers continue retaining workers due to skilled labor shortages. The Federal Reserve monitors this employment data. Consistent employment aids consumer spending and economic growth.

Washington, D.C., United States

https://brusselsmorning.com/us-weekly-jobless-claims/99520/

Whether more cuts will happen next month or later in the year, everybody should know by now they're coming. The best way to stay sane is to be prepared. Start looking right now, even if you don't plan to leave unless you have to. Have a plan B AND a plan C.

Memphis Light, Gas and Water (MLGW) ended 33 employment positions. This action was part of a company restructuring effort. Many affected employees felt blindsided by the decision. Thirty-one individuals reapplied for other company positions. Fifteen individuals secured new job placements.

Memphis, Tennessee

https://www.fox13memphis.com/news/dozens-of-mlgw-employees-blindsided-after-jobs-eliminated-in-restructuring-effort/article_ddd769cc-13ef-44a5-9e18-e0d327ed7f6a.html