#layoffs

Nineteen layoffs are expected in Fort Myers as a window installation hub prepares to close. An unnamed company operating the installation center is ceasing its operations. This decision will lead to significant job reductions for the local workforce. The closure marks the end of the window installation hub's presence in the city. The layoffs will directly affect 19 employees in Fort Myers.

https://www.businessobserverfl.com/news/2025/dec/17/layoffs-fort-myers-installation-hub-closes/

https://www.livemint.com/news/us-news/h1b-and-h-4-visa-holders-face-prudential-visa-revocation-what-does-it-mean-and-will-it-affect-their-stay-in-the-us-11765718081536.html

A round focused on middle management and across the organization.

Srini/CEO did imply things would settle down by March, 2026.

This place operates like a spreadsheet with badges. If you are not part of the small group steering decisions, you are just a cost line waiting to be adjusted. There are companies that still treat people like long-term investments. T is not one of them.

1 or 2 Managerial staff laid off recently on gaming side.

Intercept Pharmaceuticals is undergoing a significant restructuring, which includes 146 layoffs across its operations. This move comes shortly after the withdrawal of its liver disease dr-g, Ocaliva, from the market. The layoffs are a direct consequence of the company's strategic re-evaluation and market adjustments. Affected employees will be impacted as the company realigns its operational focus in response to recent challenges. This restructuring aims to streamline Intercept's operations following the major product withdrawal.

https://www.fiercepharma.com/pharma/intercept-heels-ocaliva-withdrawal-restructures-146-layoffs

The strategy is simple, keep making $500 - $750 million a year profit. Make the employees and other assets sweat to enable the Execs to make millions and enjoy other perks. Employ weak Exec froends who are not capable, Come up with fantasy themes like Cloud Right, Technical Debt, AI, Rebranding, musical chairs to keep employees and investors on board. Rinse and repeat for years.

https://www.newsweek.com/h1b-visas-banned-republican-proposal-11226290

This sounds a lot like a Verizon cutbacks which are contributing to this current trend. November and December cuts will likely be no better.

Job cuts surge in worst October layoffs in 22 years.

Nov. 10, 2025, 12:47 p.m. ET

Propelled by cost cutting and the growing adoption of artificial intelligence, employers slashed more than 150,000 jobs in October, the largest wave of layoffs in more than 20 years, a report from Challenger, Gray & Christmas said Thursday, Nov. 6.

Seeking to cut costs, technology companies shed the most jobs, followed by the retail and services sectors, the outplacement firm found. Amazon, UPS, Microsoft and other firms have recently announced layoffs.

In what could be another sign of a softening labor market, October layoffs jumped 175% from a year ago to 153,074, the highest level since 2003, Challenger, Gray & Christmas said.

"Some industries are correcting after the hiring bo-m of the pandemic, but this comes as AI adoption, softening consumer and corporate spending, and rising costs drive belt-tightening and hiring freezes," Andy Challenger, chief revenue officer for Challenger, Gray & Christmas, said in a statement. "Those laid off now are finding it harder to quickly secure new roles, which could further loosen the labor market."

Job cuts so far this year have soared to more than 1 million, a 65% increase from last year at this time, driven by what Challenger, Gray & Christmas called the "DOGE Impact" – mass reductions to the federal workforce and government contractors as well as the loss of federal funding to private and nonprofit entities.

Year-to-date layoffs have reached their highest level since 2020, when there were more than 2 million job cuts through October. This has been the worst year for announced layoffs since 2009, Challenger, Gray & Christmas said.

Challenger, Gray & Christmas said it was surprising to see such a large wave of cutbacks in the fourth quarter, when firms typically shy away from announcing layoffs.

What’s more, more companies announced job cuts in October, Challenger, Gray & Christmas said. The outplacement firm tracked 450 plans to cut jobs, up from less than 400 in September. That tops March, which saw the largest number of job cut announcements at about 350.

"At a time when job creation is at its lowest point in years, the optics of announcing layoffs in the fourth quarter are particularly unfavorable," Andy Challenger said.

With official data gathering suspended during the government shutdown, investors are paying close attention to data from private sources like Challenger, Gray & Christmas to understand what is happening in the labor market.

Federal Reserve officials have expressed concern about the job market and the central bank has lowered its benchmark interest rate twice since September. The move brought the Fed’s benchmark interest rate down to a range of 3.75% to 4%. Some economists think another cut could come at the Fed’s December meeting, though Federal Reserve Chair Jerome Powell has said a third straight reduction is not guaranteed.

Labor market watchers downplayed the Challenger, Gray & Christmas report, saying the firm has historically been a "poor predictor of future labor market conditions."

"But against the backdrop of a low-hire labor market this bout of corporate job-cutting does represent a bigger labor risk then the 2022 tech layoffs, when these workers were quickly scooped up by other industries," Vanguard said in a statement. "However, we ultimately expect that persistent labor supply constraints over the next three years will help offset the unemployment impact of cyclical and technological pressures."

https://www.usatoday.com/story/money/2025/11/06/october-job-cuts-surge-worst-layoffs/87127775007/

What's going on with these layoffs....will optum health services GL 22 agents get hit?

Was presented with a red folder and escorted off North Belt Campus this morning. I worked as an advisor in Technology for many years. Sadly, I knew this was coming. Projects for next year have been frozen. I've been battling to get approvals just to order a few $ worth of parts for the project. Pretty sure more people will disappear. I now understand some other post saying that Winter is coming. Thank you for the Xmas gift HAL! Best of luck to y'all.

I'm hearing that there will be a big layoffs coming around in early spring after EMEA Go-Live. Preparing the resume and being frugal. Very worried about future.

How are they even going to support all the cutover and stabilization issues?

Anyone know if they will layoff non RN MSW coordinators? They hired many bachelors level social workers and other specialities under old guidelines… merged the care coordinator and service coordinator role and said those non RN MSW were grandfathered in…. Now whispers of laying those off? Not sure with the so many transfers from other insurances to UHC and merging Medicare Medicaid how they could function…. But anything can happen!

I don’t believe they laid off that many people in corporate offices last week. There was no need for HR to send out that email in North America.

smaller layoffs no packages this time in jan apparently

More layoffs, or not? I assume the fact that a significant number of layoffs happened yesterday doesn’t really affect what happens on Thursday.

Intercept plans to cut 146 employees in three tranches starting Dec. 31, the company revealed in a filing to the state. Some of the cuts are set to take effect March 31 and others June 30, according to state records.

https://www.fiercepharma.com/pharma/intercept-heels-ocaliva-withdrawal-restructures-146-layoffs

Oracle defends infrastructure spending spree amid mounting AI demand

The company raised its fiscal year capital investments forecast by $15 billion as its cloud backlog surpassed $500 billion.

The company defended the $15 billion increase with assurances that the investments were tied to committed customer spend. “The vast majority of our capex investments are for revenue-generating equipment that is going into our data centers,” Principal Financial Officer Doug Kehring said. “We are confident that our customer backlog is at a healthy level and that we have the operational and financial strength to execute successfully.”

https://www.channeldive.com/news/oracle-capex-spike-cloud-ai-data-center/807716/

Everyone knows they are making up bogus performance reviews and attempting to fire people with little to no severance based on said bogus reviews. I no longer work there but still in close contact with many. I was told by legal counsel the made up bogus reviews themselves while beyond unethical, not technically illegal. I would be curious if anyone else has had success legally fighting them on that basis alone? Outside of my curiosity, any information may help others. I went after them based on protected class issues that are illegal - discrimination, retaliation, etc. That worked. They wrote me a check for a year within 2 months. They caved easily. No effective internal counsel whatsoever. They were all fired too so they farm out to junior staff at Reed Smith. The whole thing is disgusting but nothing we can do to change it other than keeping one another informed. Maybe will change someday when legal action is so frequent becomes untenable for them but don’t hold your breath for now. To all of my friends, former colleagues, and to those of you I don’t know who still work there, I sincerely wish you all the best.

Superintendent Frankie Alvarado will present a notice of potential administrator layoffs to the Douglas County School Board. Trustees will discuss and potentially act on this notice on Thursday. The district faces a significant deficit due to declining enrollment. The district also reported a negative ending fund balance in its 2025 audit. School Board President Yvonne Wagstaff will address past Open Meeting Law violations.

https://www.recordcourier.com/news/2025/dec/17/administrator-layoffs-on-the-table/

Imperial plans 2026 turnarounds at two Canadian refineries

In 2026, the ExxonMobil affiliate will execute turnarounds at its Strathcona and Sarnia refineries aimed at boosting efficiency and meeting upcoming environmental standards.

Robert Brelsford
Dec. 16, 2025

Key Highlights

Imperial Oil schedules full 2026 turnarounds at Strathcona and Sarnia refineries to boost performance.

Maintenance at Strathcona targets 197,000-b/d crude unit following record 10-year run.
Imperial projects 395,000-405,000 b/d 2026 throughput, 91-93% utilization across Canadian system.

ExxonMobil Corp.’s majority owned affiliate Imperial Oil Ltd. has scheduled major planned maintenance events at two of its Canadian refineries in 2026 as part of the operator’s ongoing strategy to maximize performance and profitability of its existing assets.

Imperial will complete full turnarounds of both the 197,000-b/d Strathcona refinery near Edmonton, Alta., in western Canada, and the 124,000-b/d refinery at Sarnia, Ont., next year, in line with its corporate downstream strategy to improve operational performance via enhancements to logistics and processing flexibility at the sites, the company said in its 2026 corporate guidance outlook for investors on Dec. 15.

The Strathcona refinery is currently scheduled to enter maintenance during second-quarter 2026, with Sarnia’s turnaround planned for third-quarter/fourth-quarter 2026, according to the company.

Without revealing detailed project plans for the scheduled maintenance events, Imperial confirmed planned works at Strathcona would focus on the refinery’s main crude unit, which recently achieved its longest-ever run length of 10 years.

The company also suggested turnaround activities would presumably include works to further prepare the refineries for upcoming emissions-related regulations set to take effect in Canada.

The operator previously scheduled smaller-scale turnarounds at all three of its refineries this year, including Strathcona in second-quarter 2025, Sarnia in third-quarter/fourth-quarter 2025, and the 113,000-b/d refinery in Nanticoke, Ont., in second-half 2025.

Confirmation of the 2026 turnarounds at Strathcona and Sarnia follows the operator’s completion and commissioning earlier this year of the Strathcona refinery’s new renewable diesel production complex that combines a mix of locally sourced renewable feedstocks such as canola oil and blue hydrogen (hydrogen produced from natural gas with carbon capture and storage technology) to produce 20,000 b/d of renewable diesel to help decarbonize Canada’s hard-to-abate sectors in line with the transition to a reduced-carbon future.

In addition to announcing the two 2026 turnarounds, the company said it expects 2026 throughputs of 395,000-405,000 b/d across its three-refinery Canadian system, with an anticipated systemwide capacity utilization of 91-93%.

https://www.ogj.com/refining-processing/refining/operations/news/55338848/imperial-plans-2026-turnarounds-at-two-canadian-refineries

Need to shut this down! As human beings how can we accept this from a company? How can we be apart of a blood money scheme like this? CLOSE THIS DOWN!!!! I used to work there…. This is 100% factual!

https://www.theguardian.com/us-news/ng-interactive/2025/dec/17/unitedhealth-nursing-homes

No matter how well you were ranked this year, no merit raises for next year (effectively a pay cut if you factor in inflation). A whole year of trying to care to essentially be told I was d-mb for not doing the bare minimum. We all know that John May has said he's never going to pay someone to quit ever again, so how long before he decides to not pay us in a layoff?

Who is naughty or nice? The layoff list is being checked twice. Hope you’re not on it and stuff!!! Layoffs coming in January!!! Say it ain’t so! And stuff.

People are discussing it quietly.

Brace for impact.

I heard about this on our layoff page for my company and how y'all had 100,000 hits on one thread and like 4000 employees asking for your help. I came on here to look and didn't plan on commenting and wondered how y'all let this get this out of control and hurt so many of y'alls employees when this looks like an easy thing to do to gain y'alls employees trust again. Then I remembered the name of y'alls company and called my friend in our procurement and sure enough, y'all are a supplier. So now they are looking at this thinking they shouldn't be. Bless y'all but it seems like y'all should listed to your employees and take care of them. This is just not needed and it hurts what we call your 'brand'. SMH

Long time lurker, first time posting. I know we're all recovering from the Nov cuts, but I’ve been bored and reading the actual filings for the Frontier deal, and something isn't adding up.

The Union Shield: I saw the draft decision from the California judge (CPUC) yesterday. It explicitly says Vz agreed to 'No Involuntary Layoffs' for California union folks for 4 years to get the deal passed.

The Money: If they need to cut $500M in 'synergies' but can't touch the fiber techs or union reps... doesn't that mean 100% of the cuts have to come from Management/Admin?

The Calendar: The DOJ deadline to close is Feb 13.
The Kicker: The Nov layoffs happened Nov 20. The 90-day WARN clock resets around Feb 19/20.

Am I crazy, or is the company legally set up to drop a massive VSP/RIF on management specifically in early March? It feels like they are waiting for the 90-day clock to clear so they can target the non-union side.

Anyone else hearing whispers about March?

Has anyone heard of any layoffs going to be happening in Burlington to get us to all fit? I don't know how there going to fit us all in. What's the word someone had to know something.

In 2020, Bloomberg reported that Ben took home a total compensation of 6.74M dollars and NO BONUS.

In 2025 Reuters reported Wael’s pay starts at 11M dollars PLUS 9M bonus. For a sweet total of 20M for the same strategy of cut costs and layoffs.

The strategy is not working so well to delight the customers. Don't CEOs realize that word of mouth via your worker bees is crucial to company success. Anyone else have friends jumping ship? I am not even bad mouthing VZ, this is all being done based on their own intentions from all the news about the RIF and knowing I was a casualty.

My manager just kinda informed us in a soft way that the budget is tight and layoffs are probably pending. She says that I am a corporate employee but I am working under a states plan. When layoffs happen, do corporate employees get cut too or that particular plan.

staying at Dell in 2026 makes no sense at this point, time of change is here....

Psych! I hope Penny has a holiday season full of heartache, despair, and anxiety. She has caused the same for thousands of people. She deserves the same. So many people laid off and at EJ hate her.

I’d really like to hear your thoughts about our situation in this department. It’s important to me that we’re honest with each other. Do you think it would be better for us to move on as soon as we secure another job, or should we hold out for severance? I value your perspective.

How are we hiring leaders in a regular basis in tech while we’re laying off people? And they all seem to come from the same few companies- bunch of leaders poaching their buddies from BoNY etc. what a joke.

I guess they’re cleaning house and giving buddies higher paying jobs. They aren’t going to fix anything tho.

Joined TR was promised growth opportunities. Came here and it’s nothing but chasing a carrot on a stick. Manager kept saying visibility etc but I felt like that was just an excuse to make me do more work. I have the work of a Lead but do not have the title or pay.

On top of this there is no internal mobility because guess what’s the cherry on top of the cake? They offshored 90 percent of jobs in my org for roles I’d consider because it’s cheaper! Thanks TR! Oh on top of this annual layoffs!

The Indification of a once great company is officially complete with the appointment of new CEO of Indian origin. With no meaningful experience in bringing a public company to new heights, he was hired for reasons that won't help the companies long term valuation.

Man your life boats, the ship is going for its last lunge down.

Make sure you take the antitrust training so you can learn how to do it right. It could be Trump is trying to milk the family for more donations, but if you have been paying attention to headlines Cargill has been caught fixing beef, turkey, wages over the past decade or so. All of these matters led to settlements, therefore never really ‘caught’, to the tune of tens of millions of dollars. ($32.5M, $32.5M, $29.75M respectively) Even McDonalds brought a suit earlier this year, the pride and joy customer, I mean ‘partner’. Don’t forget the hiring discrimination settlement for $2.2M beginning of this year.

Minnesota Public Radio

November 10th, 2025

Wayzata-based Cargill is one of four meatpacking giants accused by President Donald Trump of collusion, price fixing and manipulation.

“For too long, a handful of giant meat packers have squeezed America’s cattle producers, shrunk herds, and jacked up prices at the grocery store,” a White House press release said.

President Trump previously took to social media on Friday to order an investigation into Cargill, Tyson Foods, JBS and National Beef. Attorney General Pam Bondi said an investigation was underway at the Department of Justice.

Cargill did not immediately respond to a request for comment. The Meat Institute, a trade group representing meat and poultry processors, said beef packers have been losing money.

“For more than a year, beef packers have been operating at a loss due to a tight cattle supply and strong demand,” Meat Institute President and CEO Julie Anna Potts said in a press release.

The supply of cattle is at its lowest level in decades, while demand for beef is rising.

President Donald Trump previously announced a quadrupling of Argentine beef imports to potentially lower beef prices, a move that’s been largely denounced by American producers.

The White House press release said the investigation, though, could show that four meatpacking giants’ apparent monopoly has driven up consumer prices.

“This investigation will root out any illegal collusion, restore fair competition, and protect our food security,” the press release said.

But the Meat Institute’s Potts said the industry is already heavily regulated, and market transactions are transparent. She added that beef packers and cattle producers rely on one another.

“The entire beef value chain is strongest when supply is balanced by demand,” Potts said. “Beef packers remain committed to ensuring safe, delicious and nutrient-dense beef remains affordable to American families who rely on its nourishment.”

Tyson, Cargill, JBS and National Beef Packing Co. have often been dubbed as the “Big Four.” Together, they sla-ghter over 80 percent of U.S. cattle meant for meat cuts, according to Reuters. That amount of control has often led to discontent among ranchers.

“We agree — American ranchers aren't to blame for high beef prices,” the National Farmers Union said in a social media post. “It’s time to go after the big four meatpackers who dominate the beef industry, driving up prices for consumers and pushing family farmers and ranchers to the brink.”

However, the United States Cattlemen’s Association said on social media that while it’s appreciative of the Trump Administration’s scrutiny of the agriculture industry, there may be a different reason why beef prices are higher.

“USCA will continue to state that beef prices in the grocery store are not too high,” the association said. “Prices are a direct reflection of consumer demand — consumers want U.S. beef.”

Oracle has effectively traded innovation for acquisitions, functioning more as an M&A machine than a tech pioneer. By buying products like WebLogic and Java instead of building them, the company has gutted its R&D and triggered a massive brain drain. Visionaries cash out, and top-tier engineers end up buried in a hierarchy where they’re forced to babysit legacy products in maintenance mode rather than building the future.

The culture is currently defined by stagnation. We need a "meritocracy or exit" pipeline where upward movement is the standard; if a leader or employee isn't consistently contributing or growing, they shouldn't be occupying a seat. Instead, we see stagnant management protected while high-level individual contributors (IC 3–5) are hit by layoffs. This transactional, "cog-in-the-machine" mindset has to go. The left over managers just search talent needle in haystack with hackathons.

Even OCI feels like a reactive attempt to copy AWS, backed by massive data center spending that lacks a clear, long-term strategy. To turn this around, Oracle needs a total leadership overhaul. We must purge the non-technical bureaucracy and "people managers" to make room for visionaries who are ready to challenge the status quo and actually build something new.