#layoffs

Will AI make AI team redundant ?

Devon may feel better knowing that Coterra employees got railroaded on bonus pay. Blood is In the water, and expect our efforts in the toilet. Moral is gone, can’t imagine any efforts or above expectations. Let the quiet quitting begin. OKC may keep its strong presence after all. Figured it may let someone other side feel better. I hear Devon payouts were business as usual. Congrats!

Profitability improved more than $2 billion year over year, with net loss totaling $194 million in Q4 and $747 million for the full year.

Looks like Gil and his top executives deserve bonuses for only losing $747 million for the year.

Does anyone know what we can expect from Agentic AI in PayPal in the next 12 to 24 months in terms of it's capabilities? I understand Lores is fully focused on Agentic AI and will likely use it to reduce the workforce like he has done at HP.

I'm not interested in what you've read from AI regarding Agentic AI as I've done that myself. If possible, I would like to hear from someone within the company who has been working with Agentic AI at PayPal or who knows what the general plans are? For example, will it handle 40% of disputes/limitations/fraud claims in 12 months.

Really curious as Lloyds bank announced this month they will be using Agentic AI for complex fraud and complaints reviews. With the advancement of Agentic AI, PayPal's desire for lightning fast changes and Lores's enthusiasm for Agentic AI and cuts, big changes could be on the way very soon. gulp

Is today RIF notification day?

Good luck

Usually it’s the one dreadful day where everyone gets laid off on the same day. However this year (at least for my department) I have noticed with the EDs and MDs that they are being let go here and there. Since January we have had about 5 officers let go.

Tonight will be "fun," considering I didn't sleep at all last night, and something tells me I'm not the only one. I'm now wondering, is there even a slight chance that this will be it? That after this round, we'll be able to move on from layoffs at least for a while and focus on our work again?

The Manhattan Beach Unified School District faces a severe financial crisis. The school board will consider 31 employee layoffs. This crisis stems from a long-standing structural deficit and state funding disparities. The district projects significant deficits in upcoming years. Officials are exploring new parcel taxes and advocating for state funding changes.

https://easyreadernews.com/manhattan-beach-school-board-will-consider-31-layoffs-at-wednesdays-meeting/

A WARN notice was filed by H&M Fashion USA. This notice outlines plans for 181 employee layoffs. The affected staff work at its downtown Chicago office. The company filed the notice on February 20, 2026. Job cuts will commence on May 7, 2026.

https://whatnow.com/news/trending/multinational-fast-fashion-retailer-to-lay-off-181-employees-in-chicago/

Oracle isn’t going to do more with less when their competition is doing more with more.

Everyone has AI agents now. You will only weaken your position if you lay people off and lean into those agents. Your competition doesn’t have to follow the same logic. Your competition will do more with more. Anything you do with less will lose footing.

That’s not even including smaller companies competing with Oracle now that they have AI agents. The drive for more software will increase with AI agents. Even more players are going to want a slice of that market share.

I am anticipating my time to relocate (not sure where) might come anytime. My product has a lifecycle of a few years, but many of team members have relocated and many experienced leaders retired due to age and RTO. My motivation to work is low and minimal human interaction is gutting me.

Should I relocate and hope to switch projects? My spouse is under stressful situations at work too with tons of work and wants to quit if I relocate or become stable somewhere.

I am unable to find work outside T due to various factors (skill gap, unfair RTO demands)

If I relocate,,we will take a major financial hit. What to do? Leap of faith of faith RTO or should I quit?

The abuse, pressure and threats of layoffs are intended to keep you locked into a victim mentality.

They don't want you to realize that in most cases, software services you work on can now be vide-coded and released as competition or simply given away. A lot of this stuff just implements well-known standards or is otherwise not protected through IP law or non-competes. You are still locked into a mindset that because this software was hard to produce five years ago, it is hard to produce now. It isn't.

If you were to suggest Codex or Claude vibe-rewriting bitrotted Cisco tech-debt code, most of your coworkers would sneer and ignore you, and management would put you on "a list". But right now, this is actually something that can be done. If it can be done now, what will the world be like in six months, a year?

Cisco wants you to think using AI is only something you can do in service to them, not yourself.

Get ready, other people in this world are not locked in to your victim psychology.

Anyone know when the round is coming that James spoke of in the all hands , he said "we still have 150 million to go to right size the company "

Does he mean in fy 26 or fy 27? Will they wait for the new CEO to do it ?

At an Oregon CVS pharmacy where we were told we would have no issue keeping our jobs if the store closed. When it was announced, RxDL and FSDL both told respective staffs no one would lose their job. But due to market acquisition of Rite Aid stores, we have too many people (supposedly) and now we are being threatened with layoffs. Anyone seeing this in their area too?

Yes, time is coming and we are about to implode with all the multiple organizational changes that add no value apart from headcount reduction and the downstreamers managing upstream like a refinery and ki-ling it long term. Expect more safety incidents, more process safety events and more blame on the employees for not following procedures (even though nobody knows what they are anymore). The attrition is rising and we are in a downward vicious circle now.

Is it done for Feb?

Healthcaredice.com posted an article about Cigna’s recent announcement of cuts that affects worldwide employees…yeah right. Meanwhile, they’re actively hiring EMPLOYEES in India.

• Cigna plans to lay off roughly 2,000 employees, just under 3% of the company’s workforce, to cut costs by the end of February.

Speak with your Congressional Representative, I have. They will be looking at this. The number of jobs leaving America is egregious. What economic path will our children have?

https://www.healthcaredive.com/news/cigna-layoffs-2000-workers-worldwide/811844/

It looks like the FBI caught a manager at L3 Harris selling secrets to a Russian broker. This is one reason why there’s layoffs, some people at the company can’t keep secrets because they are overwhelmed by greed.
They didn’t catch everyone yet, and it is still an ongoing investigation. Maybe if the FBI catches everyone there won’t be any need for more layoffs in that section as it will be reduced enough.
The whole company needs a complete government security review.

https://www.local10.com/news/2026/02/25/senior-executive-for-florida-based-defense-contractor-sentenced-in-espionage-case/

I hope those who want out get the news they're waiting for, and those who need to stay get overlooked. I'm in the second group, so it's going to be a rough night.

My department, PLM, announced voluntary layoffs are coming. Sounded like it might be in waves but not 100% sure. They said other areas across the enterprise will be doing the same as well. Anyone else hear anything?

We're getting next to no information from leadership where I am.

Media reports say 12K worldwide, but nothing specific for the US so far.

The rumor on the street is that Germany will be hit with a 30% reduction in force. Can someone local or from EMEA confirm?

After watching most major auto companies slash jobs, it was probably naive to think we’d avoid it. But 20 percent is steep. I guess we’ll see how it unfolds, though cutting staff to make up for tariff losses feels like the easy answer, not the right one.

Heard huge layoffs in various fraud departments are coming 3/3. Apparently they're using a new location strategy as an excuse.

Can’t wait for the first level apocalypse that’s surely coming this year.

Yep. RIF today. Not sure how many, but it affected the Health/Pharm area.

Anything more?

Three of Los Angeles’ longest-serving TV anchors were abruptly laid off Wednesday as corporate owner Nexstar slashed jobs at KTLA.

The cuts included longtime weekday morning meteorologist Mark Kriski and veteran midday anchors Glen Walker and Lu Parker, along with weathercaster Kacey Montoya and reporter Ellina Abovian, according to NewscastStudio.

The layoffs are part of a broader restructuring at Nexstar Media Group stations in Los Angeles and New York.

https://nypost.com/2026/02/25/us-news/beloved-la-tv-anchors-axed-as-mass-layoffs-hit-broadcaster/

I see some people mention they'd love to be laid off, but I'm certainly not among them. Not when jobs are this hard to come by. I'd rather suffer through a bad workplace than unemployment. But apparently, some feel the opposite. And I'm just wondering, how many of you are there?

I mean sure thank the folks you let go... Who are not able to join the meeting... Who aren't give the opportunity to retrain... Who get to enter one the harder labor markets.... Take it from these well paid folks who are getting bonuses during such strong business singles thanks...

Got laid off from the NY office a while back and only got 60 days notice. Apparently NY requires 90 days notice… has anyone experienced this ?

Oakland Unified School District faces significant budget reductions. The district needs to cut nearly $103 million for the upcoming year. The OUSD board will vote on eliminating 421 positions and reducing 144 others. These job cuts primarily affect central office and support staff roles. Teachers and school closures are not part of the current proposal.

https://www.nbcbayarea.com/news/local/oakland-unified-budget-cuts-layoffs/4042765/

Nexstar Media Group implemented layoffs at its New York and Los Angeles stations. These reductions affected WPIX in New York and KTLA in Los Angeles. Roles in newsroom, production, and sales were impacted. Several anchors and meteorologists were among those let go. Nexstar is likely reducing costs due to debt.

https://www.newscaststudio.com/2026/02/25/ktla-wpix-layoffs-226/

interesting .. my wife and her team ( total 9 people) under SVP had an team call today and they been told by SVP to hand off their existing work by March .. What they will do after march is unknown. probably need to search a job now? they already laid around 50% of her team this February.

Seattle's tech sector is experiencing a significant slowdown. Layoffs are impacting many companies in the region. This shift affects local businesses and the broader economy. The situation is not limited to a single employer. Seattle's previous mood of constant hiring has changed.

https://www.msn.com/en-us/money/careersandeducation/seattle-layoffs-are-turning-into-a-bigger-local-slowdown-story/ss-AA1WTRUX?ocid=overlayclose

Corning Inc. is outsourcing a distribution center. Ryder will operate this facility. The center is located in Eastern North Carolina. It spans 780,000 square feet. Corning Inc. is also expanding other operations within the state.

https://www.bizjournals.com/triangle/news/2026/02/24/corning-inc-edgecombe-facility-layoffs-ryder.html

More than 2,000 Pennsylvania employees are losing their jobs. These job eliminations are occurring in early 2026. Employers filed notices with the state's Department of Labor & Industry. Amazon is the largest employer, cutting nearly 1,000 positions. Other companies like Saks Fifth Avenue and Giant Company also announced significant layoffs.

https://patch.com/pennsylvania/pittsburgh/thousands-pa-workers-losing-jobs-see-top-layoff-numbers-here

CVG Alabama plans to lay off 76 employees. These job cuts are scheduled for April. The layoffs will impact its Piedmont facility. This represents the second major workforce reduction at that location. The company previously eliminated 160 jobs there in 2016.

https://www.bizjournals.com/birmingham/news/2026/02/24/manufacturer-to-lay-off-76.html