#jobsecurity

The US insurance sector continued to shed jobs through June. Revised figures for April and May showed further declines. This resulted in the single worst half-year in history for insurance job counts. The US Bureau of Labor Statistics (BLS) provided this data. Broker layoffs contributed to the overall job reduction.

https://www.intelligentinsurer.com/us-insurance-job-rout-deepens-as-broker-layoffs-join-the-count

Western New York experienced job reductions. More than 700 layoffs occurred in the second quarter. These cuts affected various industries. One specific industry accounted for the majority of these job losses.

https://www.bizjournals.com/buffalo/news/2026/07/02/layoffs-jobs-western-new-york-second-quarter-q2.html

Indus Technology is laying off 120 employees. These job cuts are occurring in Washington state. The affected roles include engineering technicians. Logisticians and electronics technicians are also impacted. The layoffs affect two Navy centers.

https://www.bizjournals.com/seattle/news/2026/07/02/indus-technology-layoffs-warn-navy-nuwc-bangor.html

https://www.sfchronicle.com/tech/article/genentech-layoffs-south-san-francisco-22330978.php

For people who are leaving VZ to join the new joint venture with BT, have you been given any information as to what your role will look like in the new org?

For people who have been told you are staying with VZ and not transitioning over, have you been told what your role will look like?

https://www.azcentral.com/story/money/business/jobs/2026/07/01/lucid-fedex-arizona-mass-layoffs-june-2026/90742044007/

Ideal US Talent Systems Worker OpCo LLC laid off 776 employees in Virginia. These job cuts took effect on Wednesday, July 1. All affected individuals were gig workers averaging 3.6 hours weekly. The company is transitioning its customer contracts to a third-party partner. This firm also announced nearly 10,000 national layoffs.

Virginia

https://patch.com/virginia/across-va/massive-layoffs-va-take-effect-july-1-job-losses-climb

Associated Press plans to establish a new production hub in India. Executive Editor Julie Pace confirmed this move will likely lead to additional layoffs. The hub aims to scale both video and photo capabilities globally. This initiative is set to impact current U.S.-based production staff. AP previously laid off 20 U.S. journalists and offered buyouts earlier this year.

https://www.thewrap.com/media-platforms/journalism/ap-defends-layoffs-india-production-hub/

The Pioneer Valley region is experiencing multiple corporate layoffs impacting hundreds of workers. Coca-Cola laid off 175 employees in Northampton, with departures scheduled through November. Smithfield Packaged Meats Corp. cut 190 jobs at its Springfield plant, with some workers leaving by September. Innovative Care Partners released 70 staff members across three locations after losing significant funding. The MassHire Rapid Response team is actively providing support services to these affected individuals. The state has applied for a National Dislocated Worker Grant to help fund these assistance programs.

Springfield, MA

https://www.yahoo.com/news/us/articles/rash-layoffs-masshire-rapid-response-012924192.html

Samsung SDS America plans to cut 179 jobs. These positions are at its Ridgefield Park, New Jersey headquarters. The job reductions are set to begin on October 1. This move is connected to Samsung Electronics America vacating the campus. Samsung Electronics America is relocating its U.S. headquarters to Plano, Texas.

Ridgefield Park, New Jersey

https://www.nj.com/business/2026/07/tech-giant-to-lay-off-179-nj-workers-ahead-of-move-to-texas.html

Cape Fear Valley Health announced workforce reductions this week. Approximately 200 positions are being eliminated. This includes 138 currently filled jobs. Declining federal reimbursements and rising healthcare costs drove the decision. The health system aims for long-term financial stability.

https://www.wral.com/news/local/cape-fear-valley-health-cuts-200-positions-july-2026/

Hotel Boulderado workers are organizing to form a union. This effort follows layoffs, reduced hours, and increased workloads. These changes occurred after AJ Capital Partners bought the hotel in March 2025. Approximately two dozen employees have lost their jobs since the acquisition. Workers cite concerns about job security and declining service quality.

Boulder, Colorado

https://boulderreportinglab.org/2026/07/01/hotel-boulderado-workers-launch-union-drive-citing-layoffs-and-cuts-under-new-ownership/

Basically, are we safe yet?

With all the H1Bs and outsourced roles (totaling millions of jobs), no wonder the job market is “down”. Not to mention, I know several people in office who got their children internships and full time roles here. This cr-p is ridiculous and all companies who partake in undermining American opportunities should be fined heavily and required to hire locally. Dont start with “lack of talent”. Thats a lie. We have more than enough, these companies just don’t want to train or pay Americans when they could do it for a fraction with foreigners.

Does anyone know first hand that was laid off by Centene previously, how long it was before the severance was received? 3 weeks? A month?

Face it, guys.

Layoffs are imminent. Even if your job is safe today, there's always a chance you could be affected in the next round.

Don't waste your energy stressing about what you can't control. If you have the opportunity to find a better job, take it. If not, keep preparing.

Fear won't help you. Keep learning, keep improving, and keep leveling up. If you're good at what you do, there will always be opportunities.

And before anyone asks—I'm doing the same. Whether I survive the layoffs or get laid off, I'm already preparing for the next opportunity.

This is stressing me out a lot more than I would like it to. :/ If you apply for jobs that are hiring now, they won't want to wait until September. I see two options:
1- You get a job offer now, take it and loose out on the severance pay.
2- Decline job offers and risk not being able to get a job when the time comes but get the severance pay. (Assuming your VSP is accepted and everything with metrics goes smoothly in order to get the VSP..)
I wish they would just let me go now because there's so much of not knowing it's torture. I can't shake the feeling that they're gonna fire people for any reason they can so they don't have to give the VSP. But I've never been at a company that was doing layoffs and felt my job was at risk, so maybe I'm being dramatic.

I am in senior leadership. We are being told that there will be a 20% reduction in total headcount. This will happen in waves to minimize any single organization from feeling they are targeted. Employees who stay will be told to take on additional responsibilities. This will give a false sense of security, which will lead to other rounds of layoffs.

H-1B visa holders are not receiving the buyout offers. They will be let go in much greater numbers. Their visa is tied to the job, so once they are out they only have 60 days to find new sponsorship or leave the country. Many of them are being pushed out in these reductions.

The job market will be saturated and many companies do not hire in high numbers in Q4. For the sake of your families I highly recommend reducing your output at Centene and going full time into the job search process. There is no such thing as being safe in this. Even if you make it past the firings you’ll be given more work and no promotion. By the time the company starts to normalize, newer employees will be brought in at much higher salaries.

Robinhood is conducting layoffs. These job cuts are at its Silicon Valley headquarters. The layoffs impact engineers. Managers are also affected by the reductions. Employees across multiple departments face these changes.

https://www.bizjournals.com/sanfrancisco/news/2026/06/30/robinhood-layoffs-menlo-park-headquarters.html

Wells Fargo is implementing further job reductions. The reductions affect its West Des Moines Jordan Creek campus. Forty-three individuals are losing their jobs. The effective date for these job losses is August 22. A total of 228 employees have been impacted at this location since February.

West Des Moines, Iowa

https://www.desmoinesregister.com/story/money/business/2026/06/30/wells-fargo-layoffs-west-des-moines-jobs/90756798007/

Great Southern Bank is closing nine branches and eliminating 66 jobs. Three of these branch closures are in the Springfield area. Affected locations include Springfield, Ozark, and Nixa, all set to close on October 1. Branches in Missouri, Arkansas, Iowa, and Kansas are impacted by these changes. The company stated these actions are part of routine business evaluations to match changing market dynamics.

Springfield, Missouri

https://sbj.net/stories/breaking-news-great-southern-to-close-9-branches-conduct-layoffs,104797

Shelby County experienced increased job losses in 2026. Over 1,400 jobs were affected by WARN notices by June 30. This total already surpasses the entire previous year's job reductions. Several companies contributed to these workforce reductions. Nike, GXO, IKEA, PMC Biogenix, CACI, WK Kellogg Co., and JBS USA were among them.

https://www.commercialappeal.com/story/money/business/development/2026/07/01/shelby-co-memphis-lost-1400-corporate-jobs-as-of-june-outpacing-2025-based-on-warn-notices/90745391007/

West Suburban Medical Center issued permanent layoff notices. Approximately 500 furloughed employees are affected. The layoffs are expected to begin on August 31. This action was required under the Illinois WARN Act. The hospital's future remains uncertain amid ongoing legal disputes.

Oak Park, Illinois

https://abc7chicago.com/post/west-suburban-hospital-oak-park-illinois-sends-permanent-layoff-notices-500-furloughed-employees/19425354/

Wells Fargo cuts more jobs at West Des Moines campus https://share.google/Z0AuxadyuMISWTsmt

I'm aware that not everybody has that luxury, but if you can afford to drop 10 to 20 percent, there are plenty of options. My new job is interesting and it provides me with a chance to diversify in my field. I've been gone for a few months and I'm satisfied. If you want to leave, you have options. Just widen your search a bit.

Job reductions in the Bay Area tech sector are increasing in 2026. Over 10,000 tech positions have been eliminated this year. The current total greatly exceeds last year's figures. Economists connect these reductions to a wider industry change. Companies are prioritizing investments in artificial intelligence.

https://www.kalw.org/bay-area-news/2026-06-29/bay-area-tech-layoffs-top-10-000-this-year

The food and beverage industry is experiencing significant layoffs across various companies. These job cuts are primarily due to restructuring efforts, cost pressures, and changing consumer demand. Artificial intelligence is not the main reason for these widespread workforce reductions. Companies like Heineken, Nestle, JBS USA, Del Monte Foods, and BeatBox have announced job impacts or facility closures. The industry is adapting to new business challenges and seeking greater profitability.

https://foodinstitute.com/focus/food-beverage-layoffs-arent-about-ai-theyre-about-industry-reinventing-itself/

Oracle recently laid off thousands of employees nationwide, partly due to artificial intelligence shifts. Central Texas leaders express concern about the future of jobs in Austin's tech sector. U.S. Rep. Greg Casar proposes taxing AI companies to help offset these job losses. Other experts advocate for workforce development and rapid retraining programs. The rise of AI is accelerating a shift towards a more flexible "portfolio economy."

Austin, Texas

https://www.kxan.com/news/local/austin/austin-leaders-warn-ai-driven-layoffs-could-signal-broader-job-losses/

Sitting here reading my job duties and how much of it as an IE is being replaced. I think the next roll of layoffs is going to be because positions like mine are being taken over by AI . I mean each couple of months I have less and less work due to it being automated . So, I think we are going to see this more and more throughout Texas Instruments but also probably the industry .I think this is where the next layoffs will be aimed

Take it from somebody who was laid off last year. Looking at where the company is now, I can safely said that being cut helped me dodge a bullet. I'm honestly relieved to be out of there. Severance was more than enough to get me to my next job (took me close to three months to find one). My new job pays a little less, but it has better bennies and much better job security. I'm genuinely happy now. I know everybody is nervous with the wait, but just take this into consideration.

Do you work for Sabre? If the answer is yes, you're not safe. That's it. It's that simple. Bonus points if you make more than your coworkers.

I’m an NCM on LTSS, which we know has always been considered a “money maker” for the company, but, on a serious note, what do we think our fate is? I know AI can’t completely do our jobs, but, I’m still very fearful.

https://www.crn.com/news/software/2026/cisco-to-lay-off-471-workers-in-california-software-engineers-hit-hardest

Has anyone been keeping up with this? Many will lose jobs/careers again with this latest decision handed down last week. Opportunities will become available for natural born citizens again as well. There are ups and downs with this one:
https://www.americanimmigrationcouncil.org/blog/supreme-court-immigration-ruling-tps-asylum-seekers/

Why does the FL attorney general’s investigation into Caremark mean for job security within the PBM?

RAISE US launched as a non-profit to retrain US workers. It aims to address job displacement caused by AI-related cuts. The organization secured $500 million in private and philanthropic capital. OpenAI, Anthropic, and Amazon are among its financial backers. Commerce Secretary Gina Raimondo co-chairs the new initiative.

https://www.thestack.technology/ai-layoffs-soaring-non-profit-retrain-workers/

To employees in India offices, how do you feel about job security? Express feedback regarding management and interactions with other office locations globally.

https://www.bizjournals.com/atlanta/news/2026/06/26/midyear-economic-outlook-layoffs.html

I want to preface everything with the fact that I have no idea if they’re actually planning to absorb minimal tech resources into UHG and then sell Optum. This is just a rumor that I read previously on this site.

I have two questions:

Does anyone know if this rumor has any merit?

If the rumor is true, how do you think they’ll draw the line in the sand? What teams will stay and what teams will be sold off? Will it be split by leader, onshore/offshore, etc?

I genuinely don’t know what outcome would be best. I’m just kind of curious if I can predict where my job will land.

McKinsey & Company plans to cut 3,000 to 4,000 jobs. This affects about one-tenth of its global staff. The reductions focus on back-office and junior research roles. Generative AI has shortened delivery timelines in these areas. This indicates AI directly replaces junior analyst work.

New York, United States

https://news.outsourceaccelerator.com/mckinsey-layoffs-ai-consulting/