#layoffs

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District Rebuilds Credit Through Fiscal Restructuring

Socorro Independent School District has seen its credit rating improved from negative to stable by Moody's. This upgrade reflects significant financial progress made over the past two years. The district achieved this by implementing budget cuts and workforce reductions. These difficult decisions included eliminating approximately 150 positions through layoffs and incentive programs. The improved rating provides the district with greater financial flexibility and demonstrates responsible stewardship of taxpayer funds.

El Paso, Texas

https://www.elpasotimes.com/story/news/education/2026/08/11/sisd-earns-stable-moodys-outlook-after-years-of-job-cuts/91198066007/


Live Nation and Veeps Layoffs Devastate Music Publications

Live Nation and Veeps have laid off nearly all employees at several influential music publications. These publications, including BrooklynVegan, Alternative Press, Revolver, and Goldmine, were vital to underground music culture. Experts note that corporate acquisitions often lead to such outcomes for independent media. The loss is seen as a significant blow to alternative and punk music scenes. This move comes despite Live Nation's recent strong financial performance.

Toronto, Ontario

https://nowtoronto.com/culture/live-nation-music-publication-layoffs-toronto-writers/


LinkedIn Post

So Cameron is interviewed by “Business Roundtable” who in-turn post on their LinkedIn page , QUOTE- “ The American Dream is all about opportunity, the belief that with hard work, determination and the right support, you can really accomplish anything in this country “ -Cameron Brady

Are you kidding me ? What kind of lies from the straight pits of he-l is this non sense and did McKinsey write that for him . Tell that to the countless bodies, families and lives shattered over the last years since his tyrannical leadership and 1000’s of folks ( many really good folks ) laid off after their “hard work and determination” got them a big fat RIF.

Nobody that has any sense and knows Global Payments believes this cr-p and is drinking this kool aid juice are they ?


Oracle Announces Further Workforce Reductions

Oracle is initiating another round of layoffs, with some departments facing significant cuts. This move follows substantial investments in AI infrastructure and a previous reduction of 21,000 employees. The company is seeking to complete these cost-saving measures before the second fiscal quarter begins. These actions come as Oracle's debt and lease commitments have grown considerably. The company has also acknowledged AI's role in past job reductions.

Austin, Texas

https://nai500.com/blog/2026/08/oracle-deepens-ai-expansion-pains-with-new-cuts-after-21000-layoffs-in-one-year/


FedEx Southern California Job Cuts Announced

FedEx is laying off 173 workers across Southern California due to a multi-year network transformation. This reorganization aims to combine air and ground operations into a single logistics system. Several shipping facilities in Palm Springs, Victorville, and San Diego will permanently close. These layoffs are part of a larger initiative to achieve significant annual savings. The company is providing support to affected employees through job placement and relocation assistance.

San Bernardino, California

https://www.ocregister.com/2026/08/11/fedex-laying-off-173-workers-at-facilities-across-southern-california/


This is the way

Bethesda developers protest Xbox layoffs with giant inflatable rat at Maryland office

Bethesda developers used giant inflatable rat and 800 red flags to protest Xbox layoffs during Microsoft CEO visit

https://tribune.com.pk/story/2623471/bethesda-developers-protest-xbox-layoffs-with-giant-inflatable-rat-at-maryland-office


Nurses Protest Hospital Staff Reductions

Thousands of nurses are protesting proposed layoffs at 17 CommonSpirit Health hospitals across California. Over 5,000 nurses signed a petition urging the company to withdraw its plans. The union argues these cuts will negatively impact patient safety and care quality. Hospital staff were notified of the proposed layoffs in June. CommonSpirit cites economic pressures and rising costs as reasons for the reductions.

Los Angeles, CA

https://patch.com/california/across-ca/some-cuts-dont-heal-nurses-rally-after-operator-ca-hospitals-announces-layoffs


Why wish for Dell's downfall?

I get the anger, I've certainly felt it myself, but I don't understand people who want to see Dell crash and burn. What good would that actually do? It would saturate the job market, leave thousands upon thousands of families scrambling, and solve nothing. I want things to improve, not explode. I'm not sure what hoping for destruction is going to achieve for any of us.


LAUSD Faces Deeper Layoffs Due to Past Hiring

A state watchdog agency has indicated that the Los Angeles Unified School District could have avoided its current financial crisis by not replacing departing staff. The district is now facing significant layoffs to address a $3.6 billion deficit. Despite authorizing thousands of layoffs, only a fraction were implemented, resulting in minimal savings. The district's solvency plan includes further job reductions, furlough days, and benefit changes, all requiring union negotiation. Ultimately, the school board must demonstrate the commitment to execute these necessary cuts.

Los Angeles, California

https://www.the74million.org/article/thousands-of-lausd-workers-face-layoffs-that-didnt-have-to-happen/


Cisco owes you nothing

g'day mates!
Cisco Earnings Call today. Layoffs will be announced (prolly)

It is not whether an LR happens today but rather the toxic culture Cisco has become. Annual goals have shrunk to half-year goals. Sales got consolidated with a paycut. partner 360 is an unpopular, overly complex disaster that was the solution to a problem that never existed.
Cisco has gone all in on AI at the expense of their core strength which has eluded them for years now. They simply forgot that it was the people, specifically the ravenous horde of engineers, that made Cisco successful. Those engineers are being replaced by upskilled sales people because the ELT believes the magical AI genie can replace a CCIE.

The sad truth is that it can and it will. Not yet but the ELT has shifted their focus from long term profitability to value extraction. They are just pulling the meat off of a dead elephant.

reminder that Cisco exists to generate profits and returns for shareholders. Thats it. Stock valuations are forward looking. The stock price is a reflection of the predicted future earnings of the company. CSCO stock did not rise because Cisco had a good quarter or year (in the past) . CSCO rose because Cisco leadership showed that they are willing to engage in permanent, ongoing labor cost reductions (in the form of frequent LRs) and drive down wages (changing roles and compensation plans) in order to generate profits and returns for shareholders. The street loves that. Fewer employees and lower wages per remaining employee leads to great short term profits and creates an enormous amount of pressure inside the workforce. AI is used to surveille and monitor employees. AI is getting better at replacing tasks and complete jobs. The coveted CCIE is now an LLM (Deep Network Model) that was trained by long term cisco employees.

The Hunger Games have begun inside Cisco. Wage reductions have started. Its a race to the bottom and the ELT will squeeze every drop of profit out of the survivors while they train their AI replacements in real-time.


Essendant Faces Potential Closure Amid Layoffs

Distributor Essendant has warned of a possible shutdown, impacting at least 1,100 employees through layoffs. The company is actively exploring asset sales and seeking new capital to avert liquidation. These significant job cuts follow a recent strategic pivot away from office supplies towards JanSan, foodservice, and technology products. Essendant's efforts to restructure its business and distribution network have taken a critical turn. The company's future remains uncertain as it navigates these challenging financial and operational circumstances.

https://www.mdm.com/news/featured/featured-blog/essendant-warns-of-possible-shutdown-amid-hundreds-of-layoffs/


School District Offers Aid for Student Transfers

The Clark County School District is providing financial assistance for students to attend schools with better academic performance. This new transportation grant program aims to ease the burden for families utilizing open enrollment. Eligible students can receive up to $1,000 to cover travel costs to higher-rated schools. The district also reported near-full staffing and no budget-related layoffs for the upcoming school year. This stability is a positive sign as the new academic term approaches.

Las Vegas, Nevada

https://mvprogress.com/2026/08/11/clark-county-superintendent-touts-transportation-grants-no-layoffs-ahead-of-school-year/


T. Rowe Price Again Reduces Workforce

The asset management firm T. Rowe Price has again implemented workforce reductions. These latest cuts primarily affected global marketing and distribution enablement teams. The company stated these changes are part of an operating model review to enhance efficiency. This marks the second round of layoffs for the company in less than a year. T. Rowe Price is a significant employer in Baltimore and manages substantial assets.

Baltimore, Maryland

https://www.thebanner.com/economy/t-rowe-price-layoffs-baltimore-JAQJOZKYF5BJFCPRZ6MAR4QAOY/


Amidst Layoffs - Centene's Hiring to Replace You

Mission Simplify: layoffs, outsourcing, and offshore hiring (through Alorica and JobHai). Employees ask: who's really benefiting?

Mission Simplify cuts jobs while offshore hiring grows. Employee trust and morale continue to erode.

As U.S. jobs disappear and offshore roles expand, many see Mission Simplify as anything but simple.

$365M in severance. Offshore hiring expands. Employees question the direction of Mission Simplify.

The bridge between leadership and employees weakens when layoffs and offshore expansion occur together.

Mission Simplify: American jobs out, offshore jobs in. Workers and members are taking notice.

Someone in India is more valuable than you right now.
Londons Bridges Falling Down!


BrooklynVegan Staff Reductions Confirmed

A former senior editor has confirmed significant staff layoffs at BrooklynVegan. He stated that he and nearly all other employees were let go. Another former editor also announced her departure after a long tenure. Reports indicate layoffs may have also occurred at other music publications owned by the same parent company. These other layoffs have not yet been officially confirmed.

New York, NY

https://xpn.org/brooklynvegan-senior-editor-confirms-staff-layoffs/


Bitwise Cuts Workforce Amid Crypto Downturn

Bitwise Asset Management has reduced its global workforce by 14%, impacting approximately 155 employees. CEO Hunter Horsley stated this adjustment positions the company for continued growth despite the current market conditions. The firm's net assets have seen a significant decrease in the first seven months of 2026. Despite these layoffs, Bitwise has pursued strategic acquisitions, including Chorus One. This move aligns with a broader trend of layoffs across the crypto industry as companies adapt to market pressures.

https://www.theblock.co/news/business/2026-08-12-bitwise-layoffs-411522


Oracle Plans Further Workforce Reductions

The technology giant Oracle is reportedly preparing for another round of job cuts this month. These layoffs are intended to reduce payroll expenses as the company invests heavily in AI infrastructure. Managers have been asked to identify employees for potential termination. This move follows significant workforce reductions in the previous fiscal year. The company is balancing substantial capital expenditures with profitability demands.

https://www.businessinsider.com/oracle-is-planning-another-round-of-job-cuts-this-month-2026-8


BGE Announces Workforce Reductions

Baltimore Gas and Electric plans to lay off 67 employees by next spring, according to the union representing its workers. The company cites a sustained lack of work, attributing it to proactive maintenance and leak repairs reducing the need for internal staff. The union criticizes this move, stating BGE has increased spending on more expensive contractors recently. They also highlight BGE's profitability and warn of future service reliability issues and increased customer costs. BGE acknowledges the layoffs as a necessary restructuring for affordable and reliable service.

Baltimore, MD

https://www.thebanner.com/economy/bge-layoffs-rates-ACLMKU6F5ZAOJKNWZHSUR2LY4U/


Middle-East

It's started here, sad to share, we've received an email today, whole my team. I thought my role in sales is secure, but it been told by HR that this time is most of pre-sales and 30-40% sales will be ripped.
15 years and always overachievement means nothing. even president club award 6 years ago.


What's the minimum number of people we can have?

If the goal is to reach the minimum number of people we can have and still manage to function properly, can we just go ahead and get there now? Just have one huge layoff round, get rid of everybody you want, and then let us go back to work without layoffs hanging over our heads 24/7. These incremental cuts are so much worse than anything.


Infosys making calls - The layoff plan becoming clear

Well after being laid off for a year, I got a call from an Infosys recruiter asking if I was interest in my old job as a contractor .. I laughed and said, not interested .. I suspect that other groups like the Torretta Org will do the same thing and continue layoffs to shed cost and pick up no benefit contractors to backfill .


Not sure I understand

I’ve seen the article and all the rumours, but there’s one thing I can’t reconcile. We have some actual history to compare this against:
• Last summer, Oracle filed WARN notices in Washington ahead of layoffs — including filings covering 161 employees in August and another 101 reported in September 2025.
• For the March 31/April 2026 cuts, Oracle again triggered WARN in at least some locations. Washington reported a WARN filing covering 491 employees. (Bizjournals)

Federal WARN generally requires 60 days’ advance notice

Business Insider is reporting another round of Oracle cuts planned for August, with some teams potentially facing double-digit percentage reductions.

I’m not seeing the WARN filings so thoroughly confused. I know that doesn’t mean layoffs aren’t happening.

How are the cuts structured so that we aren’t seeing WARN notices? Are they spread across enough U.S. locations that individual sites stay below WARN thresholds? Are a significant percentage outside the U.S.? Is timing being staggered? Or is the reported scale simply being overstated?

And I don’t think “it’s remote employees” automatically answers it.

That’s the piece I’m trying to understand. The lack of WARN activity seems off given what happened in spring & last year


Personal Docs and Contacts

I was let go last September and at least had a Zoom call, unlike the March mass e-mail RIF. Now that Oracle has a taste for e-mail RIF I can't imagine they go back to hundreds or thousands of zoom calls. Either way, if you are on the list your computer access will be disabled almost immediately after notification. Get your personal documents off of your work computer while you can, and ask for the personal contact information for people you want to keep in contact with. You won't have a chance later on. When Oracle decides they are done with you, you are done in an instant.


Should I accept an offer and move?

I’ve recently been offered a corporate position in a software development role that pays more than other offers I’ve received. I’m a US citizen, and I’d have to relocate to Jersey City for the role. Is it worth relocating to a more expensive city with Schwab?

My current company is constantly laying departments off and outsourcing, and I’m worried about going to a similar or worse environment.