#layoffs

less employees, less customers too. ? contract breach. ?

According to the severance agreement I was supposed to get my final paycheck today but it has yet to hit my bank. Is anyone else missing their final paycheck to?

As project Crane continues to sla-ghter headcount and increase exec compensation the job market becomes even more unfavorable leaving employees unable to pay their WF mortgages, car payments, personal loans and more. Severance pay is only for people with tenure. So many people we new to wells fargo just a couple of years ago which means at best they might see 2 weeks or so of severance. Pay your bills on that, good luck because its not possible. Unemployment in many states is around $200 a week. What can someone really do with that, NOTHING!!!!

I’m a customer (ex-customer starting soon) and an employee. There is no going back after the stunt they just pulled with merit and at the same time they also let go of so many people. All in the same week. How do they look at themselves in the mirror? How? Are y’all possessed? I’m just ready to throw in the towel. The vibe is low, almost like we are in he-l.

Verizon Global Services leadership turnover continues. This poorly formed and mismanaged organization has been a complete disaster since it started in 2022. The legacy is mostly layoffs, offshoring, chaos and ultimately destroyed lives and careers at all levels. Outside of M&A disasters, VGS must be top of the Verizon list for utter failure. Go beyond!

Is there a correlation between product support levels and layoffs? Example: Windows 2022 UFR II version 4 drivers for imageRUNNER advance. This is not available now?

My lazy manager is losing touch with reality. Suddenly Woke up from a deep sleep after layoffs.
Trying to impose impossible deadlines without understanding or having plan how to get that done.
Should I let it happen or push back ? Or try to talk senses to this person.

ABB ELIP just got rid of 48 positions on 2/17/26. They said they needed to downsize because of poor sales numbers

Saks Fifth Avenue will close its only Alabama store. This Birmingham location will shut down in April. Forty-four staff members face job loss. Saks aims to consolidate its retail presence. This follows the company's January bankruptcy filing.

https://www.montgomeryadvertiser.com/story/news/local/alabama/2026/02/20/saks-fifth-avenue-closure-of-only-alabama-location-means-staff-layoffs/88737058007/

The Ventura Unified School District board approved staff reductions. This impacts 46.5 full-time equivalent positions. The decision addresses a budget crisis and declining student enrollment. The district anticipates annual savings exceeding $3 million. Negotiations also include proposed changes to employee health benefits.

https://www.vcstar.com/story/news/education/schoolwatch/2026/02/20/ventura-unified-approves-layoffs-budget-crisis/88747877007/

1. Sec has had hundreds of people working for years and is a sh-t show. Don’t lay off the Nike IC’s. Fire the leadership and the vendor. Nike IC’s have the knowledge and drive and care about Nike. Posting that system performance is good and everyone cheering is embarrassing, only to have issues within hours.
2. Fire the frontline support managers or only keep the ones that pass an IQ test or a 360 review from their direct reports.
3. Dissolve resiliency team who just fumble through pretending like they’re bringing real AI benefits with egos that take up 2 workspaces.
4. Fire the guy that is apparently sleeping with all the HR folks.
5. Make all the slack channels where people post news articles, sell tickets or peddle their secondhand cr-p only available after biz hours.

Internal documents reveal BCPS is preparing for fewer positions. Strategies involve natural departures, removing roles, and leaving some posts empty. This contrasts with public assurances from leadership. Declining student numbers and state funds lead to financial pressure. Specific teaching and administrative roles are targeted for removal.

https://www.thepaper.media/news/education/internal-records-detail-staffing-reductions-as-burke-schools-reject-layoff-label/article_21b07944-2896-4e10-a9a0-1a3f141e545f.html

Sony Group Corp. announced the closure of Bluepoint Games. The Austin-based studio was a PlayStation Studios subsidiary. Approximately 70 workers will lose their jobs next month. This decision followed a business review and new business strategies. Bluepoint Games was known for remaking classic video games.

https://www.technetbooks.com/2026/02/bluepoint-games-sony-closure-leads-to.html

Any teams impacted today?

At least ten high ranking positions suddenly eliminated from Generac Power Systems in Pewaukee, WI ( www.generac.com ) in a cost saving effort leading to reorganizing of the remote monitoring teams.

Generac CEO Aaron Jagdfelt interview in the news from earlier:
https://www.youtube.com/watch?v=xQ4KugBjyfA

We are laying people off weekly, expecting a huge tech layoff in Q4 but we can afford to have large celebrations offsite. Wake up everyone this isn’t the old Nike anymore.

New update. Some branches will start staying open until 2pm instead of noon beginning April 25th. They are sick of paying those “free” hours when you work a half day Saturday. Also going to help more branch employees to quit so they don’t have to pay severance

Isn’t Ai great? Production reports but no evidence to prove or refute the claim.

My takeaways - our fearless CEO is just fine if a lot of us quite due to frustration. Major headcount and locations closures coming - call "location optimization" on the call

Leadership seemed to be working overtime to put any negative outcomes on legacy MRC business and the bulk of the positives on the DNOW side

https://uk.finance.yahoo.com/news/citi-trims-china-leans-u-135008357.html

Not laid off yet, but all my projects have somehow been distributed to other teams.

How you are feeling after the recent layoffs and complete change in leadership?

Are there going to be anymore impacts today?

no , like seriously , what is even the point of this rebranding exercise? the company is already in a huge loss , like legit 75% down this year , and upon all this loss , they wanna spend on the already existing office infra to "change" the logo , what is even the point of this? also i love the fact that they alligned this EXACTLY with the layoff week and shut downt the office globally .GG.

• coming from someone who was impacted lol

Someone asked in the all hands, could they expect any changes to operational activities etc and Shannon said no

Looks like we are good

Mar 1st is when the funding of the US pension will be announced. What are the chances in underfunding, forcing everyone to take the annuity vs the 50% lump sum? Did they really back date the last notice when the took the 100% lump sum down to 50% option away?

Does anyone know if there will be a RIF in Q1 or Q2?

It's a ghost town on 19. They laid off the entire Marcomms team yesterday from the CMO, executive directors, social, literally everyone in GHQ and Serbia!!! This was huge because it wasn't just a few people but more like 70 or so. This seemed really personal or just fed up with a few people and decided to make the rest suffer as a message.

Lowe's recently announced a round of mass layoffs. These layoffs will impact many employees. Dozens of Georgia-based staff are affected. The company made this announcement. Georgia workers face job reductions.

https://www.bizjournals.com/atlanta/news/2026/02/19/lowes-mass-layoffs-impact-georgia.html

Have folks moved from New York or other high-cost locations to Tampa or Irving for Citi? Was there an implication of loyalty for having done so only to now be discarded like trash?

The Antioch Unified School District board approved a preliminary layoff plan. This plan affects about 300 full-time jobs. The district faces a $30 million deficit over two years. Layoffs aim to reduce expenses by $38 million for the 2026-2027 school year. The county office recently downgraded the district's budget certification.

https://www.mercurynews.com/2026/02/19/layoffs-in-troubled-antioch-school-district-could-affect-hundreds/

A business in Winfield is preparing for layoffs. The name of the affected company was not specified. Details regarding the number of employees are unavailable. The reason behind these job reductions remains undisclosed. Further information about the situation was not provided.
Winfield, Alabama

https://www.wbrc.com/video/2026/02/19/layoffs-set-winfield-business/

What kind of position pkg so far you got? Do you think you being treated differently in interview because you are laid off?do you think you are not been selected because laid off? Did you compromise on your pkg ,position to get a job? What do you say in interview..the truth that you are laid off?

LPL Financial announced plans to lay off 72 employees. The financial services company is headquartered in San Diego. Most affected workers will remain employed until April 17, with some through May 1. Many eliminated positions are in middle and upper management. The company previously conducted layoffs last summer.

https://www.sandiegouniontribune.com/2026/02/19/lpl-financial-announces-layoffs-at-san-diego-office/

Tulsa Public Schools announced layoffs impacting administrative staff. Fifty administrative roles are affected by this decision. The district stated the move is necessary for organizational health. Budget challenges and fewer enrolled students contributed to the deficit. Current employee contracts will be honored through June 30.

https://www.kjrh.com/news/local-news/tulsa-public-schools-announces-layoffs-50-administrative-roles-impacted

There’s a growing misconception that AI "does the entire work. employees are sitting and watching". In reality, AI is helper not full-performer. Still lots of development requires human efforts. Management is pushing towards AI. The problem is once work is done, you will be first one to be thrown out.

hi, i'm just worried i was saved last year with 3 rating, but i am seeing there will be other round of layoffs june, and on what bases

With the number of major IT incidents after a big layoff event, LC has his whole organization follow his EY friends' direction of making tactical work very visible by spending more time in Azure DevOps (ADO) than actually delivering work.

It's unfortunate that business leaders (as well as his own boss RB) cannot go into ADO and read the ridiculous types of features and stories that IT employees are being forced to put into ADO. A fine tool for developers has been ba----dized into an overwhelming complicated task list, with the CIO having prioritized data quality in ADO as his top item to deliver. There are literally hundreds of thousands of entries, each entry with the expectation of having completeness, with scrum masters and RTEs writing up stories that effectively means "schedule a meeting with stakeholders xyz" with a value of 10 because they had to fill in all these ridiculous fields.

How can RB be OK with this? An entire IT department wasting their lives away..

A lot of people here claim that layoffs are "random" but I disagree. I DO think that managers are told to get rid of certain types of people, though (if they are asked to submit people that is...)

AKA ultra veterans (15+ years at Dell,) above a specific age, low performers, and unliked employees.

I say this because a year or so ago, my team of 12 had two people whom were doing the SAME thing both get laid off at the same time. One was a 6 yr vet and the other was a 20 yr vet but late 50's. Both were honestly annoying af and while good at their job, were difficult to work with and not well liked by most. They were quickly backfilled.

A year later we acquire a new dude who was a Dell vet of 25 years - he was honestly weird af and just... weird lol - who was let go like 6 months later via layoffs.

This was/is a Fed team and one that isn't sales related... Fed is rarely hit with layoffs but it was very odd that THREE people were let go within an 18 month period, all on the same team...

I have zero doubt in my mind that my manager hand picked all of them to be laid off, though. Two were ultra dell vets and 50+ years old, and the other was just hard to work with.

Hey IT people that were laid off. Curious what dept you worked in. Were you CCOE, OIA, Dev, tech support? And can you share what the severance package was? Or your experience leading up to the layoffs?

Sorry again to everyone affected, but since you're no longer with the company, you shouldn't feel a need to hold back info on your previous role. Especially knowing that they let you go to hire a cheaper person from HIH or Ireland to replace you. Feel free to vent, I think it'd be helpful for everyone