#layoffs

Any cuts at Alexa teams?

Coworkers laid off last week, this week I hear the product I work on is being gutted. Some will move to other areas, others will be let go. For the “lucky ones” that remain, it feels like we are left behind on a sinking ship. Lower 401k, no hopes for promotion, they removed our bonuses, and after the earnings call today it seems things will continue to get worse. Besides the people I work with I can’t think of a single positive thing about working for this company, and ironically they’re in the process of wrecking that last part. The toughest part is that we can’t complain about low morale because that is by design. Leadership wants people to hate their job so they quit. Things are looking bleak - decided to start looking outside the company today.

Management seems to be shooting themselves in the foot by letting go of their talent and keeping the folks certainly good at kissing butts. It’s a shame. I guess they feel like they don’t need marketing anymore or social. Just my two cents.

Let’s start by saying the quiet part out loud: most of the “agile leadership” still hanging around the bank looks like the clearance rack of corporate transformation. Folks who washed out of Best Buy and Target and couldn’t quite stick the landing anywhere else in the Fortune 500. You could cut half the agile coaches and performative agile leaders tomorrow and the only noticeable impact would be fewer meetings about meetings.

The latest org changes just reinforce that reality. A digital leader casually floated the idea that there was “opportunity” to rotate product and agile assignments across teams. Translation: since we can’t actually promote or develop people, let’s blow up stable teams instead and call it growth. Why not inject a little chaos, instability, and work/life imbalance for fun?
Naturally, instead of agile leadership doing their actual jobs, like explaining why this is a spectacularly bad idea and gently escorting that leader away from the cliff, they went all in.

Scrum Masters got shuffled around, including ones who were deeply embedded with teams that existed long before said leaders showed up. And, of course, everyone was told to keep quarterly planning on track, maintain team performance, and execute rushed handoffs at the same time. Because nothing says “agile maturity” quite like lighting the house on fire and asking everyone to keep dinner warm.

And let’s not forget the timing. This brilliant idea was floating around before ICE went full dystopian cosplay in local communities - storming around, kidnapping children, pepper spraying grandma on her way to target, and generally reminding everyone that the world is already on edge. Against that backdrop, I have to hand it to our failed agile leaders for truly impeccable coordination: announcing these changes while simultaneously rolling out layoffs. Chef’s kiss.

Nothing reassures employees quite like organizational chaos paired with “by the way, your job might disappear.” Thank you so very much for letting me keep this absolutely fantastic job, at least for now.

An enterprise-wide commitment to failing fast, failing often, and learning absolutely nothing.

OnePlus faces severe challenges threatening its existence. Parent company OPPO may discontinue the OnePlus brand. The smartphone maker has experienced significant sales declines. It plans to withdraw from North American and European markets. Employee layoffs are expected across various teams.

https://news.ssbcrack.com/oneplus-faces-potential-market-exit-amid-declining-sales-and-layoffs/

Casino at Nemacolin Cuts Staff for Stability

The Casino at Nemacolin dismissed over 140 employees. This reduction aims to ensure long-term operational stability. Changes in room inventory affected guest attendance and business demand. The casino remains among the lowest revenue generators in Pennsylvania. This occurred despite recent major renovations and upgrades.

https://www.newsnet5.com/news/casino-at-nemacolin-layoffs-long-term-stability/

Farmington, Pennsylvania

TekniPlex plans to close its manufacturing plant on Milwaukee’s northwest side in April, resulting in the layoff of 39 employees, according to the Milwaukee Business Journal. The closure will idle the facility entirely, adding to a series of recent manufacturing shutdowns and job losses in the region.

Hennepin Healthcare announced it will lay off about 100 employees and close or scale back several services as its financial crisis deepens. Leaders at Hennepin Healthcare said the publicly funded hospital is operating so far in the red that it needed a county line of credit to cover January payroll and must find at least $50 million in savings by the end of March.

The cuts include closing chiropractic, acupuncture, and sleep clinics, reducing stand-alone weight management services, transitioning senior and extended care to other systems, and shifting some pain management to primary care or outside providers. Officials cited fewer patients and sharp reductions in Medicaid reimbursements as key drivers of the crisis. While core services like trauma and burn care will be preserved, administrators warned this is likely the first of several difficult decisions ahead.

Is this what Sandip Dorkani meant by 100x, crashing the stock price? 52 week low of 234 could be reached at this point. One disaster after another lately with leadership. Brush up your resume and look elsewhere, the only thing that will 100x now is layoffs, if that is even possible

Citigroup Plans March Layoffs for Managing Directors

https://www.peoplematters.in/news/strategic-hr/citigroup-to-cut-managing-directors-and-senior-staff-in-march-after-january-layoffs-48158

Citigroup is preparing a new round of job cuts in March. These layoffs will primarily affect managing directors and other senior employees. This follows approximately 1,000 roles eliminated in January. CEO Jane Fraser is leading a multi-year restructuring effort. The bank expects workforce reductions to continue into 2026.

Santa Rosa City Schools unveiled a new fiscal plan. This plan includes laying off approximately 100 employees. The district expects to save $14.2 million annually. These measures aim to prevent a state takeover and rebuild reserves. The cuts follow prior layoffs and six campus closures.

https://www.pressdemocrat.com/2026/01/26/santa-rosa-city-schools-fiscal-plan-calls-for-more-than-100-staff-layoffs-as-embattled-district-looks-for-savings/

Ericsson, T-Mobile, Telefónica Announce Early 2026 Job Cuts

https://www.fierce-network.com/broadband/2026-layoff-tracker

Ericsson announced 1,600 job cuts in Sweden on January 15. This represents a 12% reduction in its home country workforce. T-Mobile also quietly reduced sales positions nationwide, as reported on January 12. Telefónica plans up to 5,000 layoffs, mostly in Spain, by year-end. The company will offer $3 billion in compensation to affected employees.

https://www.nbcchicago.com/news/local/nearly-500-workers-across-illinois-to-be-laid-off-warn-act-shows/3881768/

Nearly 500 workers across Illinois face upcoming layoffs. These job cuts were revealed by the Illinois WARN Act spreadsheet. APL Logistics accounts for the largest number, with 230 employees affected. These layoffs stem from warehouse closures in Minooka. Other companies like S&S Activewear and Microplastics Inc. also announced significant job reductions.

The state has twice rejected Palisades Park's emergency budget plan. This plan aimed to cover a $775,000 budget shortfall from last year. The borough council passed the appropriation resolution on January 5. The state's denial could lead to layoffs and service cuts. This decision also creates uncertainty for the borough's 2026 budget.

https://www.northjersey.com/story/news/bergen/palisades-park/2026/01/27/nj-denies-palisades-park-budget-shortfall-plan-layoffs-cuts/88362136007/

The Redlands Unified School District board will meet to consider significant staff reductions. Resolutions propose authorizing layoffs for 91 certificated and 44 classified positions. These cuts are attributed to declining enrollment and budget constraints. The board will also review the district's 2024-25 financial audit. Additionally, trustees will discuss a new mobile device policy and the 2027-28 student attendance calendar.

https://www.communityforwardredlands.com/redlands-unified-to-consider-layoffs-budget-audit-policy-changes/

Powell's Books Ends Layoffs After 20% Workforce Reduction

Powell’s Books announced the completion of its final round of layoffs. This concludes a year-long process aimed at cutting operating costs. The company reduced its workforce by about 20 percent. These layoffs impacted employees at all levels, including the leadership team. Powell's will now focus on performance, service, and consistency.

https://www.kptv.com/2026/01/27/powells-books-completes-final-round-layoffs/

Food Companies Announce Widespread Job Cuts Amid Pressures

https://foodinstitute.com/focus/rolling-layoffs-hit-food-manufacturers-as-profit-pressures-intensify/

Food manufacturers are laying off thousands of workers. This trend is driven by margin pressure and changing consumer tastes. Tyson Foods is cutting 5,000 jobs and closing a Nebraska plant. Nestle announced 16,000 global workforce reductions. PepsiCo, Molson Coors, and others also reported significant job cuts.

Nike Plans 775 Job Cuts in Mid-South Distribution Centers

https://www.commercialappeal.com/story/money/business/2026/01/27/nike-layoffs-memphis-tennessee-mississippi/88376939007/

Nike Cuts 775 US Jobs in 2026

https://www.fastcompany.com/91481694/nike-layoffs-2026-hundreds-of-job-cuts-shoe-giant-cites-supply-chain-automation

Nike will lay off 775 employees in the United States. These job cuts are scheduled to begin in 2026. The affected positions are primarily at distribution centers in Mississippi and Tennessee. This marks the third consecutive year Nike has reduced its workforce. The company aims to strengthen operations and streamline its supply chain.

Nike Cuts 775 US Warehouse Jobs

https://www.reuters.com/business/retail-consumer/nike-cut-775-jobs-us-distribution-centers-cnbc-reports-2026-01-26/

Nike to Lay Off 775 Employees in Two States

Nike expects to lay off approximately 775 employees. These job cuts will impact operations in Tennessee and Mississippi. The company is streamlining its supply chain footprint. The plan includes consolidating distribution centers and using new technology. Nike aims to reduce complexity and achieve long-term profitable growth.

https://www.localmemphis.com/article/news/local/nike-expects-to-layoff-more-than-700-employees-in-tennessee-and-mississippi/522-c7e1188d-7fb6-4616-8e57-f60a678eb74a

Memphis, Tennessee

Nike Lays Off 775 Staff in Automation Push

https://www.sneakerfreaker.com/news/nike-755-job-cuts-elliott-hill-explained

Is there a way to know if cuts are done or if there'll be more?

On Tuesday, the image-sharing social media platform Pinterest announced it plans to lay off around 15% of its workforce. The company made the announcement in a Form 8-K filing with the U.S. Securities and Exchange Commission (SEC). 

https://www.fastcompany.com/91481805/pinterest-stock-price-pins-layoffs-today-2026-job-cuts-latest-to-cite-shift-to-ai-artificial-intelligence

How can I get hold of a person to talk to a human HR person that can help with severance information?

Seems like it is designed to have no contact. Any help will be appreciated.

Aren’t we supposed to be paid for disaster relief if our store closed for the winter storm? Anyone know? Central NJ today
Our store is giving us the run around

https://www.costar.com/article/799870821/mall-giant-simon-seeks-to-scrap-two-saks-global-store-leases
https://www.retaildive.com/news/saks-off-5th-online-liquidating-five-years-after-split-brick-and-mortar/810454/
Link to the video: https://www.youtube.com/watch?v=ZajAA1Ip5mg

Received the notification of my last day Feb 6th. I wish everyone the best here. It was not my ideal place to work but I came here 2+ years ago thinking it might grow on me. On to the next thing.

Is that some kind of a joke? More cuts?

That all hands? That will be where Dan tells us

• we did amazing, what a strong quarter
• we are the worst carrier and everything needs to change
• first, we need to cut cost
• in order to improve efficiency and to better serve and delight our customers, and given the inflow of people from Frontier, we will lay off another 8% of staff
• turnarounds are amazing, the best thing ever (assuming you survive)
• we will shuffle the deck chairs and do a reorg - we'll find a cozy spot for all the useless execs and keep paying them for a long long time (like Hans, Shankar, etc)
• fear, I mean, transformation and cost savings, will be a permanent 'feature'
• now stop complaining and go back to work so Dan can earn his guaranteed $31M between now and the end of next year

Expect a weak earnings print and disappointing bonuses. The setup is already clear.

Revenue growth is barely positive and EPS is expected to decline year over year. Legacy segments continue to drag results while growth areas aren’t scaling fast enough to offset it. Meanwhile, the balance sheet is still weighed down by massive debt, limiting flexibility and magnifying every misstep.

Billions have been spent on buybacks at higher prices, yet the stock continues to underperform peers and the broader market. That’s textbook value destruction, capital out the door with nothing to show for it. Analysts have responded by trimming expectations, not raising them.

On the cost side, operating expenses are creeping higher while productivity gains remain elusive. Decisions that add friction instead of efficiency show up quietly in margins and execution, even if they’re never called out directly.

Bonuses follow the numbers. Flat growth, declining EPS, weak stock performance, and constrained free cash flow don’t justify upside payouts. At best, expect tight targets. At worst, expect “discipline.”

UPS plans to reduce total operational hours by approximately 25 million associated with the Amazon decline.

https://www.cnbc.com/amp/2026/01/27/ups-job-cuts-amazon-unwind-turnaround-plan.html

Stock is down nearly 20% today and the message from the top is about mission and culture and embracing AI. Only one sentence about Medicare rate notice. If anyone watched the Capitol Hill hearing from last week, both parties are gunning for us. Yet leadership is going on about re-energizing our culture (whatever that means). So tone deaf.

https://www.geekwire.com/2026/expedia-group-lays-off-employees-in-latest-cuts-at-seattle-travel-giant/
Expedia Group is laying off employees. Impacted workers include program managers and engineers. The company stated it is eliminating roles and simplifying its structure. These reductions follow previous workforce cuts over the past two years. Expedia Group had 16,500 employees globally at the end of 2024.

Nike is laying off 775 employees. These cuts primarily affect U.S. distribution centers in Tennessee and Mississippi. The company aims to accelerate automation and improve its bottom line. This follows 1,000 corporate job cuts announced last summer. The layoffs are part of a strategy to streamline operations.

https://www.cnbc.com/2026/01/26/nike-to-lay-off-775-employees-at-us-distribution-centers.html

https://www.crn.com/news/ai/2026/ibm-q4-earnings-preview-5-things-to-know

New CEO sold aerospace to raise stock price. CEO then must not have been able to forecast revenue growth after and decided to cost cut in hopes to retain momentum on stock.

https://www.fintechfutures.com/job-cuts-new-hires/wells-fargo-hires-faraz-shafiq-as-head-of-ai

Expect more layoffs as AI is adopted on a large scale. Amazon is laying off 20,000 highly paid corporate workers today, many of whom have AI skills.

You’ ve been monitored every minute in office and every key stroke that you type. Writing is on the wall. Not your fault. This is simple math - the company has more than what it can chew. Layoffs will continue through out 2026. Doesnt matter what rating you got. Exceeds rating and promotions mean cr-p as it is relative. Time to upskill and time to work on your resume. Start looking around for a job. Dont wait to be layed off - your severance will not be big anymore - trust me its an exec here. Get out as a hero at your will once you find an opportunity elsewhere.

Roll up your pants and pull out the shovel it's getting deep. Doesn't he know people were working from home?

“The massive layoffs aren’t because of AI; they’re a result of aggressive COVID-era overhiring.” - IBM CEO Arvind Krishna.

https://x.com/IndianTechGuide/status/1997909050046943474?lang=en&ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Etweet

https://www.digitaljournal.com/tech-science/ai-related-tech-job-cuts-reach-almost-30-of-all-global-tech-layoffs/article

A new report details global tech industry layoffs in 2025. RationalFX compiled data from various verified sources. Worldwide, 244,851 tech jobs were eliminated that year. Approximately 69,840 roles were cut due to AI and restructuring. Amazon, TCS, and Accenture recorded the largest AI-related job losses.

https://www.localmemphis.com/article/news/local/nike-expects-to-layoff-more-than-700-employees-in-tennessee-and-mississippi/522-c7e1188d-7fb6-4616-8e57-f60a678eb74a

Nike will lay off approximately 775 employees. These job reductions will occur in Tennessee and Mississippi. The company is streamlining its operations. This effort includes consolidating U.S. distribution centers. Nike aims to improve efficiency and achieve profitable growth.

Managers do RIF training on Jan 27 and then the RIF happens during Jan 28, 29.
A terrific way to end employee suffering at earth's most toxic employer!