#layoffs

Centralized space for updates as they are released this week.

Firsthand information only
Include OU and location
No political content
Maintain a respectful and constructive tone - this is stressful for all

My understanding is there will be another round of layoffs end of this month with the end date being middle of June. It is possible it slightly gets pushed back but from what I’m hearing they want the list locked and announced end of month. Optum insight and optum health for sure will be impacted.

Have that resume ready. It is
Not your fault. You all deserve a better company to work for.

Like many folks at Fidelity, most people don’t have a separate QCI meetings but those managers randomly schedules a QCI this Thursday can only mean one thing. RIF. The RIFs have been verified by multiple sources who have access to high level management. I got the random QCI invite this morning which coincides with managers getting the list of people on the list. Stay strong. Nothing we can do but move forward and hope Abby can catch up to the 3 trillionaires in the world while destroying countless families who have elevated her there.

They will refuse to give severance. Will rather just PIP for some lies. Watch out!

Anyone have any realistic estimates of how many will be impacted by the alleged layoffs this week?

The more layoffs there are, the higher the stock price goes.
Even if another half the workforce is cut, it doesn’t seem to affect the capitalists’ ability to make money—although the product keeps getting worse and the service keeps deteriorating.

Especially the 50+ crowd. Then maybe a few slackers. But management/leadership titles? Absolutely safe.

The consensus seems to be this Thursday. I haven't heard much beyond that. If the rumors are true, does anyone know which orgs or roles are on the block?

And more next week? Is that the actual timeline? Just piecing together rumors and posts.
Good luck to everyone.

Following up on a previous post about Directors being required to list what they do to earn their paychecks. Anyone heard anything new on this? "Was asked to put in four bullets what my role is with metrics supporting it? Can’t say “Oversees” or anything high level. Is Director level being hit next?"

The Westwood District recently approved its budget. The total budget for the upcoming school year is $78.9 million. This plan eliminates 10 teaching and secretarial positions. Four administrative roles were also cut. These measures address increasing health insurance expenses.

Westwood, New Jersey

https://www.northjersey.com/story/news/bergen/2026/05/01/westwood-nj-school-cuts-teachers-principal/89893408007/

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

Novartis announced additional job cuts at its U.S. headquarters. Sixty employees at the East Hanover site will be laid off. These reductions are separate from earlier March cuts. The layoffs will begin taking effect in late July. Novartis is evolving its field sales teams in the US.

East Hanover, New Jersey

https://www.fiercepharma.com/pharma/after-march-cuts-novartis-trims-another-60-roles-us-headquarters

Kem Krest announced the closure of its Carmel, Indiana plant. Seventy-seven employees face layoffs. The company cited declining sales and business needs. Layoffs will begin on May 9. The process concludes by August 31.

Carmel, Indiana

https://www.msn.com/en-us/money/companies/minority-owned-kem-krest-to-close-carmel-plant-lay-off-77-employees/ar-AA1YPNZK?apiversion=v2&domshim=1&noservercache=1&noservertelemetry=1&batchservertelemetry=1&renderwebcomponents=1&wcseo=1

Colleges nationwide announced hundreds of layoffs and buyouts in April. Many institutions face budget deficits and funding challenges. Hampshire College and Anna Maria College are closing, leading to significant job losses. Other universities like Maryland and Wisconsin also plan job reductions. These cuts stem from state funding reductions, enrollment declines, and program reviews.

https://www.insidehighered.com/news/business/cost-cutting/2026/05/04/college-closures-contributed-deep-cuts-april

Cummins will close its Whitestown facility. The company plans to lay off workers. Fifty-nine employees will be affected. This facility is located in Whitestown, Indiana. The closure represents a workforce reduction.

Whitestown, Indiana

https://www.ibj.com/articles/cummins-to-close-whitestown-facility-lay-off-59-workers?utm_source=ibj&utm_medium=home-latest-news

Poudre School District is laying off nearly 250 employees. The district simultaneously approved tens of millions in new expenditures. Many large projects are funded by voter-approved bonds and mill levies. These funds have legal restrictions on their use. District officials state core operations and student resources must continue.

Fort Collins, Colorado

https://www.coloradoan.com/story/news/education/2026/05/04/poudre-school-district-spending-millions-while-laying-off-nearly250-employees/89881668007/

Passage Bio will reduce its workforce by 75%. This follows tough feedback from the FDA regarding its lead gene therapy. The FDA did not support a single-arm trial for the PBFT02 candidate. Passage Bio has also launched a strategic review for the company. This review includes exploring options like a merger, sale, or partnership.

Philadelphia, Pennsylvania

https://www.fiercebiotech.com/biotech/passage-launches-strategic-review-and-75-layoffs-after-gene-therapy-path-blocked-fda

Three Massachusetts behavioral health agencies are cutting a combined 200 jobs. Federal funding cuts are threatening healthcare services in the state. Community Healthlink is closing permanently and laying off 78 employees. Community Counseling of Bristol County will cut 52 positions. Innovative Care Partners is reducing its workforce by 70 staff members.

Massachusetts

https://www.masslive.com/news/2026/05/200-employees-face-layoffs-and-facility-closes-as-federal-cuts-threaten-mass-healthcare.html

National Safety Apparel is closing its San Antonio Eastside plant. The Ohio-based clothing manufacturer will lay off 68 workers. The facility is scheduled to shut down on June 30. State officials received notice from the company on April 23. Affected employees include sewing machine operators, technicians, and managers.

San Antonio, Texas

https://sanantonioreport.org/san-antonio-national-safety-apparel-factory-shutdown/

Even AI is in on the joke Dell has become

original parody rap)

I’m drivin’ in at dawn through the valley of the shadow of Death,
Where the layoffs stalk the highways like they’re huntin’ for my breath.
Every mile feels cursed, every billboard’s a lie,
Talkin’ “culture,” talkin’ “family,” while they watch us bleed dry.

They say “We’re building greatness” while they gut us from inside,
And the only thing that’s growing is the fear we try to hide.
We’re ghosts in the hallways, survivors of the purge,
And the bosses call it “progress” while they watch the profits surge.

We’re living in Michael’s Paradise —
Where loyalty’s a vice.
They preach about their values,
But we’re the sacrifice.

I walk into the office and the silence hits like doom,
Half the desks abandoned like a corporate tomb.
They tell us “Do more with less,” like it’s some holy command,
But you can’t build a future when you’re losing every hand.

The managers are trembling, the directors look scared,
’Cause they know the next email means none of us are spared.
They call it “realignment,” they call it “strategic,”
But the truth is pretty simple — it’s heartless and anemic.

Still living in Michael’s Paradise —
Where the workers pay the price.
They say we’re all a family,
But they don’t treat us very nice.

Now the CEO’s on stage with that polished little grin,
Talkin’ “innovation,” talkin’ “vision,” while the walls are caving in.
He’s flyin’ private jets while we’re drowning in the grind,
And the only thing he’s cutting is the people left behind.

So here’s to the ones who keep the whole thing alive,
Who walk through Death’s valley just to barely survive.
We’re angry, we’re tired, and we’re done bein’ polite —
If they won’t care about the workers, we’ll bring our own damn light.

Still living in Michael’s Paradise —
But we’re done payin’ the price.
If they won’t stand beside us,
We’ll reclaim our sacrifice.

Would they make them axe people on their team first, then they are cut? lol I want to be in those meetings

Evangeline Lilly is blasting The Walt Disney Company over the layoffs at Marvel, which saw their workforce reduced by about 8%.

“Shame On You for turning your back on the people who built the power you are now using to throw them away,” Lilly captioned her Instagram post.

https://www.imdb.com/fr/news/ni65820902/

Lots of shuffling around of teams again and unfortunately losing some good people, then CTO is out on leave? What is going on?

I told them no, not unless truly desperate. The hours are long, the pressure is constant, and the company treats employees like they're disposable. Take a job here and expect to have no life outside of work. And to think that I used to recommend this place to people.

https://www.wtnh.com/news/connecticut/hartford/hundreds-of-layoffs-to-begin-at-stanley-black-deckers-new-britain-plant/

For the past year I was cruising. Top ratings, visible work, direct revenue impact. I thought I was as safe as anyone could be. Then a scheduled call a couple of weeks ago happened and just like that, I was gone. So for anyone at PayPal who thinks their performance or relationships will protect them, think again. We're all just numbers. When someone up high decides your time is up, that's it.

No more big announcements. Just a few people gone every other week. It's somehow worse than the big rounds.

I've been here five years and the last five have been miserable. If they offer a package, I'm gone the same day.

Church & Dwight Co. filed a Worker Adjustment and Retraining Notification with the Pennsylvania Department of Labor & Industry, informing the state it is laying off 195 employees at 5197 Commerce Drive in Jackson Township, York County.

https://www.pennlive.com/business/2026/05/company-sells-its-vitamin-business-resulting-in-layoffs-for-195-people-in-central-pa.html

Management in my BU looks mostly upset about having to come back to the office. No one really seems to think there will be layoffs.

It makes me feel better that the leaders are also unhappy about having to come back to the office.

Seeing article after article about how the latest layoffs will hurt morale at Meta is almost comical at this point. Morale hit rock bottom a long time ago, this just keeps digging.

Putting this here to see if anyone notices/cares to comment. I’m a Uniondale employee, one of about 200. Various business lines where most are vestiges of the old Dreyfus business. It’s clear the greater corporation wants to reduce headcount by forcing this move while offering no financial incentive. The commute from Long Island to NYC requires a train and subway. We’re looking at an estimated $5,000 cost for that, nothing less than 90 minutes, some will have over 2 hours one way. These are good dedicated employees who are being tossed out. Sure, the jobs aren’t eliminated (yet) or offshored (yet), and as someone here posted AI = All India. The transition will be difficult at best. We’ll see if it’s tolerable, but no one really seems to care. The announcement was heartless, an 8AM teams meeting where KB proved again to be soulless. He read a prepared statement that took all of 4 minutes. That’s it. Most groups didn’t even have senior management in house to… well to lead by example. But we will do the purposeless exercise of feedback, complete the peak on surveys, attend town halls in order to hear how fantastic everything is. Sad that a corporation of this magnitude won’t offer assistance to keep people happily employed. Oh wait, I just received an email from KB titled Uniondale Office - Helpful Resources. It contained two links. One for a commuter benefits program where BK hires a company to explain/manage your ability to have a maximum pretax (fed only) contribution of $340/month to cover commuting costs. Something but very very minor. And don’t forget that our taxes will now increase because NYC taxes will apply. Another 2-2 percent salary increase would go a long way in meeting the extra cost as well as supporting the idea that BNY cares about its employees. In reality leadership cares about the next McKinsey project (how’s P-M treating you?) and publicity for the CEO. All hail the smirking emperor who had a massive pay increase on the broken backs of his overworked employees. Let’s see how they react to people agreeing to move but resign at the last minute.

This time it’s revenue operations and customer support. We all know this is tied to AI, and it’s ridiculous how little anyone in charge actually seems to care about customers. AI has already proven to be pretty awful when it comes to customer support across the board. You can’t scroll through Twitter or any other platform without seeing people asking how to reach a real person at one company or another. Welcome to your future, Shopify customers.

We all know that’s not happening.

after disastrous JD & DW. I thought that ebay was going in right direction, trying to chip away Amazon's lead.
But if the jokers in game stock buy ebay and they do their Mickey Mouse shxt who know what is next!!!
As an ebay seller that is concerning.

Ebay can't seemed to buy a break!!

7-Eleven is implementing a cost-focused transformation. The company aims to streamline its organization. This process has led to difficult decisions and staff changes. Many employees have posted about their departures on LinkedIn. The goal is a stronger, more competitive business.

Irving, Texas

https://cspdailynews.com/company-news/workforce-changes-emerge-7-eleven

One person says 500 let go last week
another says 2500

One says may 28th - 30% being let go
last month it was April 30th - 30% being let go

Can anyone please be truthful?

This site is worse than facebook for crying out loud...

Please post facts and stop trolling - yeah, I know REAL big ask on here!