#layoffs

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Delusional - standing ovation!

SF isn’t going anywhere: she appears committed to steering the company in the wrong direction, alongside her puppet minions; Toohey, Kehoe and Beatty.

We exceeded our targets largely because we reduced the workforce by 15k. The employees who remain are carrying significantly heavier workloads, with more responsibilities on their plates and no meaningful automation or improved processes to support them. New ways of working is just a facade.

We’ve invested millions in McKinsey, including commissions tied to projected savings effectively keeping them afloat only to see consultants and leadership reverse course on recommendations made two to three years ago. Well done Chief Executive officer and Chief financial officer!

We position ourselves as a global company, yet we don’t truly operate like one. Investment in senior roles and promotions is heavily concentrated in the U.S., while long-standing employees in other regions are seeing their roles downgraded and the value of their careers diminished. Let’s applaud our chief of people!

There also seems to be a disconnect even a sense of delusion in celebrating a 73% “recommend as a place to work” score. Many employees are worried about job security, have seen benefits reduced, and are under constant pressure from managers to “just get on with it.” The prevailing sentiment is that FIS does not genuinely care about its people. Well done chief of people!

And yet, we’re setting a goal to increase client NPS by 10 points. We’re still in negative territory the ambition appears to be to frustrate clients slightly less, rather than meaningfully improve their experience. Well done chief of clients!


Stiffing our employees

Now we aren't paying photographers and more. Of course we blame the court. The large brands made a deal...so billions not going to be paid and it's only started
Meanwhile Bloomingdale's alone featuring 35 new brands on 3 floors in. NYC and it's only the start.. Nordstrom also featuring thousands of new items unlike before.


Lane Fire Authority Considers Layoffs After Levy Defeat

Lane Fire Authority (LFA) has paused employee vacation approvals. This action stems from ongoing funding concerns. Voters will decide on an increased operations levy in May. The same levy proposal failed to pass in November. LFA warns of staff layoffs and further service cuts if the levy does not pass.

https://kval.com/news/local/lane-fire-authority-pauses-staff-vacation-approvals-warns-of-layoffs-if-levy-doesnt-pass


San Juan Unified Weighs Staff Cuts

The San Juan Unified School District board will discuss eliminating up to 320 full-time positions. The meeting will take place in Carmichael on Tuesday. The potential cuts are due to budget concerns. Positions include counselors, teachers, and instructional assistants. Some affected roles were funded by expired COVID-19 grants.

https://www.sacbee.com/news/local/education/article314777097.html


Amazon, Kroger Lead Illinois Layoffs Totaling Over 2,000

Six companies reported mass layoff plans in Illinois last month. These layoffs are expected to impact over 2,000 workers statewide. Amazon is closing ten Amazon Fresh stores, affecting 1,545 employees. Kroger also announced the closure of its Maywood delivery hub, laying off 72 workers. Alton Steel faces an investigation for potential WARN Act violations after laying off 253 employees.

https://www.pjstar.com/story/news/state/2026/02/24/amazon-and-kroger-laying-off-illinois-employees/88661663007/


Nexstar Cuts WGN TV On-Air Staff in Chicago

WGN TV laid off 8-9 on-air employees on Monday. This follows previous layoffs of behind-the-scenes staff. Parent company Nexstar is currently merging with Tegna. The cuts aim to reduce costs due to anticipated debt from the merger. Nexstar also carries debt from its 2019 Tribune Media acquisition.

https://chicago.suntimes.com/sports-media/2026/02/23/wgn-tv-chicago-layoffs-chicagos-very-own-channel-9-nexstar-tegna


How is it going in Verizon India

Leaders are clueless. Everything is a priority as everyone needs to save themselves. No support from your supervisor. Only burnout remains with us. Layoff or rebadging dates are mystery.

Save yourself and find an opportunity outside. Otherwise you will also be thrown out as Shankar's photo from cafeteria. Don't get used in place where is absolute no clarity. Invest only on yourself


The layoffs can be stopped

To know you‘re close to the end is a kind of freedom

You don’t know how strong you are until strength is your only option

It is difficult to get people to demand change when their salary depends on them not understanding it

We are replaceable, but our unique value can make us irreplaceable if we fight together

Who will step up and create a voice for us to demand change? I‘ll be waiting patiently.


Technology Layoffs Today

The Ohio and Riverwoods based Discover Card Technology teams took a decent hit today. Sent them an email to join a meeting this morning and gave them the news, then said there would be a meeting later in the day with the severance details. It’s late in the day and still no details - lol. Class act!


Maersk Layoffs: 1,000+ Jobs Cut After 2025 Losses

The global container shipping industry is at a pivotal moment. After years of prosperity fueled by pandemic-era logistical disruptions, the so-called “golden age” is drawing to a close and the impact is already being felt by industry giants like Maersk. The Danish shipping company recently announced a workforce reduction of over 1,000 employees, following a challenging 2025, signaling a shift towards a novel phase characterized by fleet overcapacity, declining freight rates, and the need for structural adjustments.

https://www.world-today-journal.com/maersk-layoffs-1000-jobs-cut-after-2025-losses-shipping-industry-downturn/


Walgreens Accelerates Restructuring as Sycamore Partners Intensifies Store Closures and Corporate Layoffs

In a move that underscores the continued volatility of the American retail pharmacy landscape, the newly private Walgreens Boots Alliance has announced a significant expansion of its workforce reductions and a finalized timeline for its massive store closure initiative. Under the leadership of the private equity firm Sycamore Partners, which completed a landmark $10 billion acquisition of the company in August 2025, Walgreens is slashing hundreds of additional corporate roles and shuttering a major distribution hub as it battles the systemic pressures that have already claimed several of its former peers.

https://markets.financialcontent.com/sandiego/article/marketminute-2026-2-23-walgreens-accelerates-restructuring-as-sycamore-partners-intensifies-store-closures-and-corporate-layoffs


More layoffs at Lucid

Lucid is cutting 12% of its workforce, with more than 300 layoffs affecting workers at or reporting to its Newark headquarters.

The electric-car maker is cutting more than 300 Bay Area positions, with 200 coming from engineering alone.

https://www.bizjournals.com/sanfrancisco/news/2026/02/23/lucid-layoffs-newark-warn-letters.html


Another round of layoffs

The pharmaceutical giant said in a filing with the New Jersey Department of Labor & Workforce Development, it expects to let go 247 employees between May and December.

BMS did not say which positions it will target or at which locations the reductions will take place.

https://njbiz.com/bristol-myers-squibb-nj-layoffs-cost-cutting/


Not sure which is the worse option

If I'm laid off, I have to deal with one of the worst job markets in a long while but at least there's severance to lessen the pain. If I'm not laid off but others on my team are, at least I'll still have a job but at what price? We'll be expected to pick up the extra work and I highly doubt we'll be getting any kind of extra compensation. And I'm overworked as it is. There's really no good option here.


SFUSD Superintendent Seeks Approval for 42 Layoffs

SFUSD Superintendent Maria Su plans to seek approval for preliminary layoff notices. The proposal affects 42 employees and staff. This announcement follows one week after a teachers' strike concluded. A 6% enrollment drop over five years is cited as the reason. Final layoff decisions are expected in May.

https://sfstandard.com/2026/02/21/sfusd-may-lay-42-staffers-just-week-teachers-strike-ended/


Sycamore Partners Working Hard

Oh, well...

  • Walgreens is laying off 469 employees across multiple states following its acquisition by Sycamore Partners, adding to prior job cuts and store closures.
  • Since the buyout closed last August, Walgreens has reduced its footprint from about 8,500 stores and 220,000 employees to roughly 8,000 stores and 211,000 workers.
  • The Private Equity Stakeholder Project warned that earlier cost cutting steps, including holiday pay reductions, signaled deeper workforce reductions under private equity ownership.

Jelly Belly Cuts 69 Fairfield Corporate Jobs

Jelly Belly will lay off 69 employees at its Fairfield operations. These layoffs begin in June and affect corporate-commercial operations. Roles in accounting, sales, marketing, and purchasing will be cut. Manufacturing, warehousing, and visitor center staff are not impacted. Layoffs will continue in sequences until January 2027.

https://www.sacbee.com/news/business/article314806241.html


Regional Transportation District Plans Job Cuts

The Regional Transportation District (RTD) faces a significant $250 million budget shortfall. The agency launched an Optimization and Sustainability Plan to address this deficit. This plan involves restructuring operations and eliminating certain vacant and filled positions. Estimated savings from this realignment are approximately $10.7 million. The union representing RTD employees has not yet been contacted about potential layoffs.

https://www.cpr.org/2026/02/22/rtd-layoffs-250-million-dollar-shortfall/


About 160 UW Jobs at Risk Under Proposed Budget

About 160 workers at the University of Wyoming may face layoffs if the current draft of the state’s two-year budget becomes law, according to a provost.

https://www.wyomingpublicmedia.org/politics-government/2026-02-02/roughly-160-uw-employees-could-lose-their-jobs-if-proposed-budget-passes-provost-says