#layoffs

Links: https://filecache.investorroom.com/mr5ir_saksglobal/1210/Saks_OFF_5TH_and_Last_Call_Store_Footprint.pdf

https://www.prnewswire.com/news-releases/saks-global-sharpens-focus-on-luxury-retail-and-full-price-selling-302674428.html

Link to the video: https://www.youtube.com/watch?v=PkdAhcsd0eA

I was a former employee of 35 years at Pearson Vue. I too was let go on the 12th. I gave all my loyal and dedication to this company for a lot of time. I was mortified when I found out that my job had been eliminated due to it being outsourced to India. This will fail as everything else will fail because everybody is just a $to them. This is not the company that I show loyalty to for all the years so I’m OK with leaving as I did knowing that I put my best effort forward. They let a lot of good people that dedicated all their time to helping Pearson be what it is today. So sad. They were so sneaky about how they did the layoffs. Some people still don’t know the total number of employees who were let go. Most of the people who I am aware of were here 15 plus years.

Were any of your teams impacted recently by RIFs or layoffs? Please share the dept/area that was affected & how many reductions.

Can confirm the Detroit plant received shut down notice. Any other plants?

Paid millions for a movie and then lays off thousands of employees.

One of the NY amityville locations has been told
the building will close the EW section affects about 75 employees ,
Employees have been told April 9th is there last day.
Harris lawyers are mo--ns they forgot to tell the customer
they sold the repair and production contract lol. Air Force said humm don’t think so you need
Our permission Mr k lawyers said we are smarter than the government.
The group was sold and closed 3rd week of December.

Amazon pays $75million for the "melania trump" movie. Then laysoff 16,00 of its employees. Is wfm next with the layoffs to recover from losing this money?

The irony - People who were responsible to lose the contract are rewarded with continuing employment and perhaps bonus while all people not even remotely connected are fired.

CEO and their cronies - "I take full responsibility and willing to sacrifice 2500 wonderful and talented colleagues for my stupid mistakes"

I reviewed some quarterly meetings with the ELT and one important question was asked to the CEO.

You have mentioned we have the people to win and emphasize we are a people-first culture.
So, why is cutting people first a yearly action plan for long-term growth and profitability?
After five years of people first cuts, might it be time to rethink this strategy. How about people-second?

Does anyone know if this person was made an example of?

Pretty much every team experienced JEs. Lost a lot of tenured, experienced people. Doesn't even feel that great to still be here with things looking so grim. Still no official announcements from leadership - just word of mouth.

After 14 years as a TSR my team is being let go……

I have been told the inside Chanel reps are being let go and we in direct will now get full control on what partners get to do business with Dell.

One Dell way

Layoffs have started at LnW. Should be minimal at this point.

Just got off call about LR's. We each got a list of people affected in our respective teams, pretty much informed that we have to break the ice with each person affected. So yes, February layoffs are unfortunately confirmed.

I’m seeing a lot of people from EviCore comment about having their roles eliminated. Have any of the other companies under Cigna or even Cigna itself seen layoffs today?

Layoff notices went out today

It should be no surprise that layoffs ultimately cost a company more in the long run, but here's an interesting interview nonetheless. It's worth a listen, but the TLDR is that short term gains are obvious, but longer term, it usually results in underperformance relative to companies who don't do that.

https://hbr.org/podcast/2023/12/the-hidden-costs-of-layoffs

Now, that's just layoffs, so imagine what happens when you aren't just laying off, but also using dubious tactics to stack rank, fabricate performance reviews, and look for ways to fire people for cause as a way to avoid severance costs?

This is why I am not long in WFC and I watch it every month or so for opportunities to short.

Oklahoma City took the biggest hit. Anyone know the numbers?
What other locations were impacted?

Anyone know what’s happening there?

This has happened so much now it hasn't even made the local news.

Layoffs coming tomorrow. 15% of middle managers are getting axed. AI has replaced their job and as they add no value a reduction is needed.
No layoffs today, right?

The Cape Cod potato chip plant in Hyannis is shutting down operations, and nearly 50 people will lose their jobs, according to owner Campbell’s Co., which acquired the site in 2018.

https://www.nbcboston.com/boston-business-journal/cape-cod-chip-plant-shutting-down-layoffs-to-come/3886626/

Starting the year with a big round of layoffs doesn't exactly inspire confidence. It makes you wonder if they've got this planned as a recurring event. The thought of going through this stress every few months is really depressing.

“After careful and thoughtful analysis, certain non-patient-facing-revenue cycle functions will be transitioned to a partner. As a result, positions within the revenue cycle department will be reduced by 10.5% across Trinity Health’s national footprint."

https://www.kcrg.com/2026/01/29/more-mercyone-layoffs-announced-iowa/

I just got laid off, and weirdly, I'm fine? I thought I'd be freaking out, but I just feel numb. Maybe I'm in shock, or maybe I was just so done with this place that it's a relief.

Home Depot just had major layoffs. I give it a month before we get a similar announcement.

Serious question: after all the cuts and chaos, does anyone actually work for a manager who knows what they're doing? Feels like all the good ones left, and the ones left are either checked out or clueless.

Does anybody affected mind sharing? Is it the same as usual or have they made any unexpected changes?

Reddit user posted that T-Mobile consumer side putting a lot pressure on Mobile Expert on pushing the credit card and if you are in the bottom 25% their potential for you to be laid off. Where did the uncarrier go !!

SAP in talks to buy or partner with N8N as its internal efforts to boost the next gen SAP Build falters big time with legacy platform. Existing products to be scaled down, retired and moved into support mode with external vendors until customer migration is complete. Teams to be reassigned/ laid off based on the location. Possbile news to be out in 2-4 weeks.
It gets even more critical to compete with lean AI first startups as SAP share price nose dives 17% after the announcement of financial results.

Hi, is anyone impacted in evernorth or accredo ? Particularly Business Analyst title? Is this layoff for fulltime or contractors?

Does anyone have an idea the final count of folks impacted across the entire layoff period (October - Jan)?

Several CS3 leads were impacted, Patient Cloud also appears to be another target area - they're doing it very quietly but people are noticing...

This seems like a clear pattern and a major problem, doesn't it?

The New Leader announced inevitable job cuts to the tune of 15,000 employees on Nov 19, 2025... VZ stock that day was $41.19
Today, 70 days later, it's sitting at $40.00... whopping 3% change in the wrong direction!!
Feb 5..... Round 2 of Dan Lay-offs definitely uploading!!!

I’m trying to figure out how currently WF workforce is split. In December total employees count was about 216000. In January it is already 210000. I wonder what is a percentage US vs India &Co?

The other question is what’s the ration (pay wise). US vs India? It used to be 1:4 but I believe that offshore pays went up.

Final question, now that 2025 numbers were communicated to masses, how many resignations there will be after pay on 2/13 ( true ones not the ones from keyboard warriors)?

Is it ever going to improve? I am especially afraid of being laid off because of how bad things are. I am relatively new to the workforce, so for those with more experience, has there been another period like this before? And how long did it take to turn around?