After more than two decades here, how the he-l am I to take this as "just business?"
Posts mentioning hashtag #layoffs
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Mention #layoffs in your post to continue the discussion!
Atlanta Tech Firm Announces Sales Layoffs
A technology consultant is conducting layoffs. Dozens of sales representatives are affected. These job cuts are occurring in Atlanta. The specific company name was not provided. No further details about the layoffs were stated.
Atlanta, Georgia
https://www.bizjournals.com/atlanta/news/2026/04/02/accenture-layoffs-buckhead.html
Walmart Closes Fulfillment Centers, Shifts Logistics Strategy
Walmart is closing two fulfillment centers. One facility is in Matteson, Illinois, and another is in Worcester, Massachusetts. These closures will impact 201 employees in total. The company is shifting to larger, automated logistics operations. Saks Global and ShipMonk are also reducing their logistics footprints.
https://wwd.com/sourcing-journal/logistics/walmart-layoffs-closes-smaller-fulfillment-centers-illinois-massachusetts-sams-club-saks-global-shipmonk-job-cuts-1238871849/
St. Louis Company May Reduce Customer Service Roles
A St. Louis company employs over 2,300 people. Officials indicated potential job reductions. A limited number of positions are affected. These affected roles are in customer service. The company's specific name was not provided.
St. Louis
https://www.bizjournals.com/stlouis/news/2026/04/02/firm-with-2-300-local-employees-eyes-cuts.html
Oracle Reduces Bay Area Software Staff
Oracle implemented job cuts. Dozens of software development roles were eliminated. These reductions took place in the Bay Area. The company cited a mass global restructuring. Specific details beyond this remain unstated.
https://www.bizjournals.com/sanfrancisco/news/2026/04/02/oracle-pleasanton-layoffs.html
Southeast Kansas Mental Health Center Cuts Staff, Divests Clinics
Southeast Kansas Mental Health Center will terminate 23 staff members. Salary reductions are also being implemented for remaining staff and officers. The organization announced its separation from Ashley Clinic and Yates Center Dental. These actions aim to stabilize SEKMHC and ensure continuity of services. The changes follow a retroactive rate adjustment for 2025 and ongoing financial turmoil.
Iola, Kansas
https://www.iolaregister.com/news/local-news/sekmhc-announces-layoffs-separation-from-ashley-clinic-and-yates-center-dental
Salem-Keizer Schools Reduce 130 Staff Roles
The Salem-Keizer School District announced plans to eliminate 130 positions for the 2026-27 school year. This decision stems from declining student enrollment and a need to cut $23 million from the budget. Approximately 60 teacher jobs and 60 classified employee positions will be cut from schools. Most affected employees will be reassigned or replaced by retiring staff. Up to five classified employees could face layoffs. These reductions aim to avoid widespread disruptions seen in previous budget cuts.
Salem, Oregon
https://www.salemreporter.com/2026/04/02/as-enrollment-declines-salem-keizer-schools-will-cut-130-jobs-largely-without-layoffs/
YMCA of Greater Charlotte Announces Layoffs
The YMCA of Greater Charlotte announced staff layoffs. This action is part of a restructuring for financial sustainability. A limited number of positions across the association were impacted. The organization's revenue decreased by 26% since 2019. Membership levels have not recovered to pre-pandemic numbers.
Charlotte, North Carolina
https://www.charlotteobserver.com/news/business/article315280372.html
Just warm bodies if we do hire . It’s bad y’all 😳
We are able to hire warm bodies . That is all. $14-$16 starting, some positions have zero applications. 😳😳 and if we do hire don’t expect much out of them.
Oracle sacks 30,000 to fund AI
Your alarm goes off at 6 AM. There's an email from "Oracle Leadership." You've never gotten a message from that sender before. It says your job is gone, today is your last day, and severance details will arrive by DocuSign. By the time you finish reading, your company laptop is already locked.
This happened to up to 30,000 Oracle employees this week. Oracle reported $17.2 billion in revenue last quarter, its best in 15 years. And it still fired nearly 1 in 5 of its people. The stock went up 6% today.
Oracle owes over $108 billion. The company signed a $156 billion deal to build AI data centers over five years, mostly for OpenAI (the company behind ChatGPT). That requires buying roughly 3 million specialized computer chips. Two years ago, Oracle spent $6.9 billion a year on this kind of construction. This year it's $50 billion.
The 30,000 people who got that email are funding the gap. Investment bank TD Cowen estimates the layoffs will free up $8 to $10 billion in cash flow, money going straight into chips and construction. Oracle filed a $2.1 billion restructuring plan with regulators in March, and nearly $1 billion had already been spent before the emails went out.
Lenders are getting nervous. The cost to insure Oracle's debt against default has spiked to levels last seen during the 2009 financial crisis. Barclays downgraded Oracle's debt in November, warning the company is one step from "junk" status, the point where lenders consider you a serious default risk. Some banks have stopped lending to Oracle for these projects altogether.
The gamble gets worse. CNBC reported on March 9 that OpenAI, Oracle's biggest customer for all of this, is already looking at newer, faster chips from Nvidia. Oracle ordered the current generation and spent billions building out a massive Texas facility. OpenAI may not fully expand into it. The chips improve faster than the buildings go up.
Let's enjoy our feast for now as we milk the beast!
It won't be long before it's my or your turn to depart and face the real world and actually work for a living...
future waves are not planned at this time
From the emails and town halls, they are outsourcing some departments in two waves. We are near the end of wave two. We all received the email that future waves are not planned at this time.
But with AI, tension internationally, cheaper international call centers, demand for product changes, who knows what the future looks like.
And to the comment: umm yes, if they let people go they are probably age 40+. The people that continue work here are also over age 40 on average. Not sure why you made a comment on age, oh because you don’t work here.
The next excuse for layoffs
It seems BNY is preparing for its next round of layoffs by trying to make people leave voluntarily (shock horror). I’ve been a people manager here for several years now and was told last week I will no longer be a people manager because I’m not senior enough (need to be Sr Dr or above), my staff are in a different location and there aren’t enough people in the team. Every time I hired I wasn’t able to hire in my location because it was ‘too expensive’, whilst at the same time new MDs and Sr Dr’s were being hired at ease. The team I’m in has reduced from 32 to 18 FTE over the last 18 months and we’ve not been allowed to replace anyone. This is a clear tactic by the company to get people at my level to leave by making us all utterly miserable, and if that fails they’ll just use it as an excuse to give a lower performance rating. They do something like this every time a layoff round is coming to get people to leave voluntarily and save them paying out. Got to hand it to them though, they really have created the most toxic and intolerable workplace that ever existed, so they are meeting their metrics in that regard and we all know how important metrics are at BNY.
AI Workforce Displacement - The Reasons Why. It will continue into 2027 (at least).
The (Bottom Line) is that (No Matter What) Corporate (AI Workforce Displacement) is going to (Increase) into 2027 (at least) -
A (Perfect) recent example is Oracle who just (Prioritized) Ai spending over Employees by laying off 25,000 on W, 4/1/26.
Employees are (Always) considered a line-item (Expense) due to the (Cost) of salary, and benefits by a Corporation.
AI RPA (Robotic Process Automation), and other AI efficiencies contribute to the Corporate bottom line.
Per the LEI - Leading Economic Index, a Major Recession is enroute > 2027.
Layoffs today
Heard sales team took a hit today! Any other teams?
Layoffs coming?
What’s the scoop on layoffs for Richmond hill and Pendant?
Layoffs in NC Were All Older Employees
So in the Morrisville, NC office it seems just about all of the layoffs were older employees 60+. I think there were enough older employees it might be worth a conversation with an attorney. Nothing definite, just get a professional’s point of view.
EMTech forum and AEST
Any thoughts around the EMTech forum held today by D!lan Puke and the other BTC lovin' gang of yes men?
Would love to hear more on the AEST item that is coming for the sites that he mentioned but never really said much about. It's happening in Singapore first and coming Europe's way next. Canada's taking their flogging now.
When do you think they will hit the US and to what level? 30% 40%, more?
Site people listen closely
To show that I'm a yes man too, "Go BTC"
Early Friday ‘Team Update’ Meeting
Heard of any layoffs for CBG teams? Got a worrying invite about an hour ago about a virtual team update tomorrow morning.
Got the dreaded message from director to work from home next week
All sr managers in my org got let go this week, and I bet we are next. Anyone else get told to work form home next week?
Casualties
If the layoffs are over for now, does anybody know the total number of casualties? It seems an entire BU in Engineering was eradicated. There will be nothing left to divest.
What ELT thinks of us
I am in IT, but I heard that the ELT is so upset with HR that the CHRO has to layoff 2 LT members by the end of they year. If they do that, expect other layoffs to be cover for it. Hunger games at its finest.
Not sure which group is worse to be a part of. IT or HR?
pour one out for the homies
today's the official separation date for thousands of us since RIF waves started at the beginning of the year. pour one out. 🥂
and to everyone out there suffering at a job they hate - remind yourself that hundreds of thousands of people are actively looking for work and it is statistically, measurably harder to find a job when you don't have one. your misery is temporary. unemployment is also miserable but with added financial anxiety.
refer people when you can. be kind to applicants. and if you know someone who got laid off today, check on them.
we're gonna be fine probably 🫡
"Oracle cuts jobs globally, India among worst hit"
A story from the Indian media
https://www.youtube.com/watch?v=BdPnhTmpomE
The video mentions the heartless way the cuts were being carried out.
Cisco quietly laying off all it's red badge contract workers
So far red badge contract HTOMs, engineers, and intake phone staff are being laid off. So sad to not give much warning and out into the saturated market.
Don't take on any extra work
Leadership is counting on you being scared enough about your job that you’ll take on the work of those who were just laid off. Don’t do it. Don’t play their game. Say you’re busy, which, let’s be honest, most of us already are. Let them see what happens when you cut that many people and expect the same work to get done.
H1B vs offshoring
When I was hired at USB about 5 years ago I was surprised by the number of people were offshore. Also surprised by the number of employees who were from India or other countries. Didn’t really think much of it until I was the last American born person on my team of 10 and I was the one part of a larger RIF.
Anyone know if the bank is limiting H1B now that their plan is to ramp up the offshoring jobs to India? Anyone know any H1Bs who have been part of a RIF?
I'm at the end of my rope
I don't even care what happens next. I just can't keep stressing like this. The whole Cognizant situation has been its own special he-l. And now there's talk of more layoffs this summer? Why am I bothering with this job? We're just circling the drain.
Are we really having layoffs next week?
Or is it just speculation?
New RIF day at FIS sounds like...
the opening number to a musical. The Pajama Game (Google it, youngsters) was a musical about employees attempting to negotiate a better contract through their union. The Pajama Game was a musical comedy. This is a musical tragedy. Billie Eilish could do it. This is the theater of the absurd.
July 1st Reorg
Based in Europe in the Product org. We were told this week that by July 1st they will have the reorg pretty much done and seems like layoffs are coming due to the TAM.
What's other orgs hearing and what region are you in?
So they're never going to restructure the teams post-layoffs?
Is that the plan? Workload's unmanageable. Half the tasks are things none of us know how to do. What am I supposed to do? Magically acquire a whole new skillset?
Is anyone outside of admin roles being affected?
Please share any updates.
It has started!
Employees being walked out of locations that may be closing the brick and mortars.
New Walmart layoffs in May
Walmart filed the following WARN layoff notices for May:
- Matteson, Illinois (April 2026 Notification): 111 employees to be laid off in May 2026 as part of a facility closure, reported via Illinois WARN records.
- Worcester, Massachusetts (April 2026 Notification): 90 employees affected by the closure of a fulfillment center, effective May 29, 2026.
April and May are traditionally favorite months for Walmart to do layoffs.
Lowes New Lenox
Removed my earlier post. Many layoffs going on there. Bad management. Incompetence rules the day.
Feel like a loser getting laid off
I kept asking how I was doing despite having 1 bad mid year and now I just got let go. They just kept quiet for no reason and then told me its over.
St. Clair College Avoids Layoffs Due to Retirements
St. Clair College approved a budget projecting a $5.5 million deficit. Staffing cuts are expected to affect teaching positions this fall. Approximately 37 faculty members are retiring this spring through a voluntary exit program. These retirements will help avoid full-time layoffs this year. However, future funding and enrollment remain significant concerns for the college.
https://www.am800cklw.com/news/st-clair-college-faculty-union-says-retirements-offset-layoffs-for-now-but-future-funding-remains-a-concern.html
Jefferson County Holds Job Fair After Central Alabama Water Cuts
Jefferson County has experienced approximately 500 job losses over the past six months. These layoffs affected various sectors, including utilities, retail, and parking services. Central Alabama Water notably cut over 200 positions, creating a significant workforce gap. City and county leaders are hosting a job fair at Boutwell Auditorium to assist displaced workers. Over two dozen employers will attend, offering hundreds of potential new jobs.
Birmingham, Alabama
https://abc3340.com/news/local/jefferson-county-job-fair-aims-to-offset-recent-layoffs