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A different kind of “thanks” to Schwab management.

I was laid off a couple years ago from at Schwab. And I admit that at the time I was pretty worried about my future and aLeo angry at the sleezy shenanigans that went down in my management chain that got me on the list.

But you know what? It, honestly, was the best thing that could ever have happened to me.

It turns out, laying me off from the worst employer I’ve ever had
In my career, gave me the motivation to go over my finances with a fine toothed comb and push me hard enough to actually try the “semi retired “thing and I have been living the high life ever since! I’ve taken a half dozen trips, started some new hobbies, spent more time with friends, taken some freelance work on occasion when I decided I wanted to not because I had to… I am a much happier person overall than I ever was when I was working at Schwab.

So I guess, in a way, I’d like to THANK Schwab for being such a miserable place at work that it forced me to think of other possibilities I might not have considered otherwise.

So my advice to you, if you are in a similar position and can make it happen, maybe it’s something you should think about!

After all, why your remaining years of full time employment working for mo--ns? Just something to think about.


COMMSCOPE playbook

Yeah, CommScope’s shuffling Temps to MNOP roles and dumping MNOPs into floater limbo reeks of a cheap purge to slash higher wages before Amphenol swoops in at $16/hr entry pay. It’s the same playbook as shipping IT jobs to India—sc--wing loyal US workers for offshore savings and fat exec bonuses.


Should I take a position at a lower pay?

With all the bad news lately, I feel like I have no moral at O. I'm an engineering support in fusion U.S., and I've been fortunate enough to receive a job offer from another company on Friday , even though it comes with a 20 percent pay cut. In the past, I would never have considered making such a move, but the job market is quite concerning, and I'm worried there will be more layoffs.

Should I jump ship while I still can and take this job. A few friends told me absolutely!!!


NVWs

Has there been any discussion on how long this designation will last and if all people outside hubs need to move or just where offices are closed? This puts people with that status in limbo prolonging the decision.


FIS is F&cked

Whilst spewing all the latest buzzwords and talking BS about future forward, client centricity, win as one team etc etc. the senior management hasn't got an f ing clue how to run a business.
oh sh!t, my bonus depends on a good revenue per share number. I don't know how to generate recvenue so I'll take billions of revenue and buy back shares whilst sacking the people who make the revenue, that will secure me another $20 million bonus!
Here's am idea, how about joining the team, taking a bonus cut and letting people who know how to run a business , do it? Instead of paying consultants millions to do your job!


More layoff in the near future!

Oracle's high debt ratio indicates that the company is unlikely to take on additional debt to fund its AI infrastructure plan, especially if it aims to maintain a high stock value. The latest round of layoffs is expected in the near furure, potentially affecting around 15,000 employees from their workforce.

It's worth noting that Broadcom has taken similar actture in 2024; they have no obligations to their employees. This situation seems to be just the beginning. Why would anyone want to work for a company that doesn’t provide raises? It’s better to upskill, stop complaining, and move on! This may just be the start of a larger trend.


UC Health Cuts in Cincinnati

  • UC Health is cutting 50 jobs across the organization
  • The mobile stroke unit is being eliminated as part of cost-cutting
  • Officials cite "sustained industry challenges" as the reason
  • All affected employees are offered severance packages
  • Laid off workers can apply for other positions within UC Health
  • Staff from the mobile stroke unit will be reassigned, not laid off
  • UC Health employs about 12,000 people in the region

https://www.healthleadersmedia.com/cmo/uc-health-lays-50-workers-and-eliminates-mobile-stroke-unit-budget-cutting-move


50 jobs lost at UC Health

UC Health is cutting 50 jobs across its organization, citing financial pressures and the need to reduce costs. The Cincinnati-based academic health system, which has about 12,000 employees, says those affected have been offered severance and may apply for other open positions within UC Health. Earlier this year, the system disclosed plans to shut down a post-acute care facility and an assisted living facility by the end of September - moves projected to affect about 474 workers. Also, UC Health will wind down its Mobile Stroke Unit later this month, though those workers will remain employed. UC Health is headquartered in Cincinnati, Ohio.

Source: https://www.healthleadersmedia.com/cmo/uc-health-lays-50-workers-and-eliminates-mobile-stroke-unit-budget-cutting-move


CNBC / NBCUniversal Layoffs

CNBC is planning new staff cuts in its international division. About two dozen jobs may be affected, mostly in London and Singapore, with some in other cities. The layoffs are focused on the digital editorial team. Because of UK labor rules, the cuts are in a consultation period before they can be finalized.

These changes come as parent company NBCUniversal prepares to spin off most of its cable networks into a new group called Versant. Bravo will remain with NBCUniversal, but CNBC and others will move. The spinoff is expected soon and is hiring around 750 new staff. Sources say the CNBC layoffs are not directly linked to the Versant launch.

The international arm of CNBC is led by Deep Bagchee, who took over in 2024. He replaced John Casey, a long-time leader at the network. Bagchee has been guiding CNBC’s global coverage in a media world that is shifting quickly to digital.

The outcome of the consultation process will decide how many people lose their jobs. For now, CNBC is trying to cut costs while still aiming to keep its reputation as a top source for business news worldwide.

https://cordcuttersnews.com/comcast-is-laying-off-more-staff-at-cnbc/


How much is 9K + 18K?

Amazon is cutting more jobs. The company said it will lay off 9,000 workers in the next few weeks. The cuts will hit Amazon Web Services, People Experience and Technology Solutions, advertising, and Twitch. This comes on top of 18,000 layoffs already announced. In total, 27,000 jobs have been cut at Amazon in just four months.

Jassy said the decision is due to the uncertain economy. He explained that Amazon wants to lower costs and run leaner. He added that the final list of roles is not finished yet.

Amazon plans to finish decisions by mid to late April. The company said it will still hire in some key areas. Workers who lose jobs will get pay, health insurance for a short time, and job placement support.

Amazon is not alone. Other tech giants like Google, Microsoft, Meta, PayPal, and Twitter have also cut thousands of jobs. For many tech workers, it is a very hard time right now.

  • https://mashable.com/article/amazon-layoff-9000-employees

Verily Layoffs

Verily, Google’s life sciences and healthcare arm, has announced a major restructuring that includes layoffs and the shutdown of its medical devices program. CEO Stephen Gillet told staff in a memo that the company must make “difficult decisions” to focus resources on its core priorities of precision health, data, and AI. The exact number of employees affected was not disclosed, but the move marks a big shift for Verily, which has spent years building devices like the Dexcom G7 glucose monitor, retinal imaging tools, and clinical study wearables.

Gillet praised the Devices team for their decade-long contributions to advancing healthcare technology, saying their work has left a lasting impact on patients and research. While the program is ending, Verily will continue to support existing tools in active clinical trials, such as the Numetric Watch.

For employees staying with the company, Gillet stressed that the mission remains exciting and important, but acknowledged the transition will be tough as colleagues and friends depart. He urged patience and commitment as Verily narrows its focus. The company says these cuts are part of “deliberate choices about resourcing” meant to accelerate its path to commercial success.

https://timesofindia.indiatimes.com/technology/tech-news/googles-moonshot-division-verily-to-cut-jobs-what-ceo-stephen-gillett-told-laid-off-employees-in-memo/articleshow/123580591.cms


A strange momement...

Microsoft is in a strange moment in 2025, showing record profits and massive AI investment while also cutting more than 15,000 jobs, about 7 percent of its workforce. The latest and biggest wave of layoffs came in July, with 9,000 employees let go, following earlier cuts in May and June. CEO Satya Nadella addressed this paradox in a memo, calling it the “enigma of success”—a reminder that in tech, growth is never permanent or evenly spread.

Nadella said Microsoft is pouring $80 billion into AI and cloud infrastructure this year while shifting its mission from building static software to becoming an “intelligence engine.” He described a future where everyone can instantly access AI-powered research, analysis, or coding help. To make that happen, teams are being reorganized and capital is being redeployed, even at the cost of jobs.

The layoffs reflect a broader trend across the tech industry, where more than 80,000 jobs have been cut this year as companies adapt to AI-driven automation. Nadella thanked departing staff for their contributions but made clear there are no promises of stability ahead. Instead, he urged employees to keep a growth mindset and embrace the “messiness” of transformation, comparing today’s AI shift to the rise of PCs in the 1990s.

Source:

https://www.aol.com/finance/satya-nadella-enigma-success-age-195444502.html


On it again...

  • xAI reportedly laid off at least 500 AI tutors working on Grok

    https://www.engadget.com/ai/xai-reportedly-laid-off-at-least-500-ai-tutors-working-on-grok-130059624.html

.... xAI has laid off at least 500 workers from its data annotation team, the company's largest, according to Business Insider....

  • Company: xAI
  • Number of People Laid Off: 500
  • Published At: 09/13/2025 & 12:46 pm UTC
  • Industry: Tech

Cuts?

Salesforce’s stock is in a tricky spot in 2025. It trades at $242.76 after falling 3.2 percent in the past week. The stock is up 2.4 percent for the month, but still down 26.6 percent this year and 4.1 percent over the last year. Looking longer term, it has gained 61.6 percent in three years, though only 0.9 percent in five. This mixed record shows both hope and worry as the company bets big on AI and new revenue deals.

The company cut nearly half its support staff as AI takes over, saving costs but adding risk. At the same time, it is chasing new government contracts and may invest $750 million in Genesys. Analysts say these moves could reshape growth, but also bring unceratinty.

Valuation checks suggest the stock might be cheap. A cash flow model puts fair value at $282.87, about 14 percent above today’s price. Its price-to-earnings ratio also points to undervaluation. Still, outlooks differ. Bulls see AI and cloud strenght pushing the stock toward $334. Bears warn growth may slow, leaving fair value closer to $223.

In the end, Salesforce faces both promise and risk. Whether it is a bargin or a trap depends on how investors see its future.

Taken from:

  • Can Salesforce AI Layoffs and New Contracts Signal a Turning Point for the Stock in 2025?

    https://simplywall.st/stocks/us/software/nyse-crm/salesforce/news/can-salesforce-ai-layoffs-and-new-contracts-signal-a-turning/amp

Wondering what to make of Salesforce these days? You are not alone. With the stock closing recently at $242.76, it is natural to feel caught between tales...
Company: Salesforce
Number of People Laid Off: Unknown
Locations: Multiple
Published At: 09/13/2025 & 07:46 pm UTC
Industry: Software


Small Block, Inc. Cuts in IL

Date: October 13, 2025
Laid off: 5

These are supplemental layoffs by the finance and insurance firm, attributed to a reduction in workforce as part of restructuring. The scale is small, and these are likely individual roles rather than whole departments or contract losses.


Zeco Systems Inc. (Shell)

Date: October 2025 (4 workers) and December 2025 (2 workers)

  • Total Laid off: 6
  • Note: These are small layoffs tied to changes in business needs. The company is based in Los Angeles but is impacting workers in Illinois. The WARN filing cited business-needs changes rather than contract loss or facility closure.

Compass Group (TouchPoint Support Services) Layoffs

Layoff Date: September 30, 2025

  • Laid off: 165 (82 workers at St. Mary & Elizabeth Hospital, 83 at Resurrection Hospital)

    The layoffs are due to lost food service contracts at two Chicago hospitals. Compass Group had earlier begun reductions tied to contract losses, and these represent additional cuts. Some of the roles are being eliminated as the contracts end, rather than redeployed.


Woodstock Christian Life Services (Hearthstone Communities) Layoffs 2025

Company: Woodstock Christian Life Services (Hearthstone Communities)

  • Date: September 30, 2025
  • Laid off: 117

    The facility is closing entirely for financial reasons. Hearthstone Communities, a senior living and nursing care provider in Woodstock, has operated for over a century. Attempts to find a buyer or otherwise avoid closure appear to have failed, causing the organization to shutter. The layoffs are not just reductions but part of full facility cessation.


Total Facility Maintenance Layoffs (2025)

Company: Total Facility Maintenance, Inc.
Date: September 30, 2025

  • Laid off: 141

    This company is also letting go employees because it lost a contract. It’s located in Wood Dale, Illinois. This is part of a supplemental WARN notice. Total Facility Maintenance had reported layoffs last year as well (41 workers then) and now is planning further reductions.


Diverse Facility Solutions Cuts

Company: Diverse Facility Solutions, Inc.

  • Date: September 30, 2025 (WARN report indicates 276, but company plans point to 191)
  • Laid off: ~191 to 276

    The layoffs stem from the cancellation of its janitorial services contract with Chicago Public Schools. Though the WARN notice lists 276 workers being laid off, the company clarified it intends to lay off about 191 employees, transferring many others to a different union. There is also a legal concern: a law firm is investigating whether Diverse Facility Solutions met the required 60-day notice under the WARN Act before initiating the mass layoff. The company provides facility management and janitorial services.


Exit + Layoffs

Company: Capital One Financial
Date: October 17, 2025 (193 workers), and May 1, 2026 (22 workers)
Laid off: 215

These layoffs are tied to a decision by Capital One to exit Discover’s home equity and refinance loan business, which had been part of its business portfolio following its acquisition of Discover. The larger batch of job cuts (193 workers) is set for October 2025, with a smaller group (22) scheduled for May 2026. The company said this is part of financial restructuring and follows a strategic business review of that segment. The transition is expected to reshape operations in that business line.


Essendant and CyraCom Layoffs in Houston (2025)

Hundreds of layoffs are coming to Houston as two major companies downsize their local operations.

CyraCom International, a remote interpretation provider recently acquired by Propio, will close its Houston facility and eliminate 355 jobs beginning December 1. The cuts include interpreters in Spanish, Vietnamese, Portuguese, Arabic and several other languages. CyraCom’s Arizona office will also see about 500 jobs cut as part of the restructuring.

Essendant Management Services, a distribution company, has also announced plans to cut 92 jobs in Houston this November due to business downsizing.

These announcements come after recent WARN Act filings revealed nearly 1,900 layoffs statewide from August through October, with Houston shouldering most of the impact. Both CyraCom and Essendant have not yet provided further comment.


Why Cuts? (windowscentral)

Microsoft has entered its fifth straight month of layoffs in 2025, with just over 40 roles cut at its Redmond headquarters this September, according to the Seattle Times. While smaller than earlier waves — including 6,000 job losses in May and 9,000 in July — the new cuts bring the total to more than 15,000 employees since the company announced an $80 billion AI investment. The latest layoffs affected engineering, product management, and legal positions, and raise questions about whether Microsoft is normalizing monthly job cuts to reshape its workforce around AI.

The company continues to defend the strategy as part of a broader transformation, pointing to declining reliance on certain roles while heavily hiring for AI, machine learning, cloud, and Copilot development. CEO Satya Nadella has described the tension between record profits and the pressure to reduce costs as the “enigma of success.” Microsoft has also rolled out a $4 billion “Elevate” program to reskill workers for the AI era, even as employees face uncertainty and fear of automation replacing traditional jobs.

These workforce changes are not unique to Microsoft — Amazon, Meta, and Google have taken similar steps — but the Redmond company’s consistent monthly layoffs highlight how aggressively it is prioritizing AI and automation over maintaining its existing headcount.

Full article: https://www.windowscentral.com/microsoft/fifth-month-of-layoffs-at-microsoft-whats-driving-the-cuts


chattanooga layoffs

bluecross blueshield of tennessee has started layoffs in chattanooga, with at least 150 employees being phased out of their jobs this month. the health insurance company confirmed the cuts in local reporting, and the move directly affects its operations in chattanooga, tn. this development was published on september 9, 2025 at 5:46 am utc. the full article, titled “bluecross blueshield layoffs begin: 150 workers cut in tennessee,” can be read at:

https://www.tennessean.com/story/money/industries/health-care/2025/09/08/bluecross-blueshield-layoffs-chattanooga-tn-150-cut/85996684007/

the layoffs mark a significant workforce reduction in the healthcare industry.


300+ Laif Off

banner just filed notice that 351 workers in colorado are getting cut by nov 5. this came through a state warn filing and yeah... it’s a big hit.

they’re closing a freestanding ER & Urgent Care in Greeley on that same date. banner has over 3,000 staff in northern colorado and over 60K nationwide, so big news...

the affected will get transition help, like priority for other open roles in the system, career counseling, and support services.

at the same time banner is rolling out what they call a multi-year investment plan to reshape their footprint in the region. that includes buying up a primary care network and turning the mckee medical center in loveland into a specialty hospital.

CEO for colorado hospitals said the changes are because of "community demand" whatever that means for him. ER volumes at mckee have dropped 4 years in a row, they’re only using 25% of the beds, and 90% percent of surgeries there are already outpatient.

And, it'll not stop here


Laurel Fork Closure

Ramaco has closed the mine in McDowell County, WV....
This layoff affected 30+ employees.

The workers at Laurel Fork were informed of the closure and this affects the whole reation.

Jobs are scarce.

Good luck all.

Info Source:

https://www.wvva.com/2025/09/08/mine-closes-mcdowell-county-with-32-layoffs/


Revere Health Layoffs 2025 - 177 laid off

Revere Health, a healthcare company headquartered in Provo, Utah, is laying off 177 employees. The layoffs are a result of a new partnership with IKS Health, a company that specializes in using artificial intelligence (AI) and machine learning to optimize healthcare business processes. The affected employees are primarily from Revere Health's central business office, and the company is providing severance packages and transition assistance.

SOURCE: https://www.abc4.com/news/wasatch-front/transitions-ai-mass-layoffs-healthcare-company/


Cost savings at wheels up LOL

Wheels Up, the private aviation company headquartered in New York City, is undergoing another round of layoffs. The cuts follow a recent announcement by the company that it is seeking to achieve $50 million in annualized savings. While a specific number of affected employees has not been released, sources indicate that pilots are a significant part of the layoffs.

This is the latest in a series of cost-cutting measures by the company, which has been working to regain profitability after a period of increased losses and acquisitions.

https://privatejetcardcomparisons.com/2025/09/09/wheels-up-follows-cost-savings-announcement-with-layoffs/


Revvity Layoffs

Revvity Inc., a biomanufacturing company, is closing its South End facility in Boston and laying off all 74 employees at the site. The layoffs are expected to be completed by the end of the year, with a WARN notice filed with the state of Massachusetts indicating the layoffs will occur between November 1, 2025, and August 31, 2028.

The company, headquartered in Waltham, has not given a specific reason for the closure. This move follows a period of business realignment and cost management for the company, which recently lowered its outlook due to policy changes in China.

For additional information, you can find the original article here: https://www.nbcboston.com/boston-business-journal/revvity-layoffs-boston-facility/3807940/


100 laid off in Spring Hill

Tenneco is laying off nearly 100 workers at its plant in Spring Hill, Tennessee. The cuts are part of a broader restructuring effort by the company, which has seen similar layoffs in other locations. The company did not specify the exact reason for the cuts, but has previously cited a need to realign its manufacturing footprint to changing market conditions. The layoffs are expected to be completed by the end of the year.

SOURCE:

https://www.tennessean.com/story/money/2025/09/10/tenneco-layoffs-spring-hill-tennessee/86057833007/


RTO & Other Mess

Following a layoff of 9,000 employees globally, Novo Nordisk has announced a new return-to-office (RTO) mandate. The pharmaceutical company, known for its diabetes and weight-loss dr-gs like Ozempic and Wegovy, is requiring all office-based staff to work five days a week in the office. The new policy is set to take effect on January 1st.

The layoffs, which amount to about 11% of the company's workforce, are part of a restructuring plan by the new CEO, Mike Doustdar, to streamline operations, reduce complexity, and save an estimated $1.25 billion annually by the end of 2026. The company plans to reinvest these savings into its core areas of diabetes and obesity treatments. The job cuts, which include 5,000 positions in Denmark, are a response to slowing sales growth and increasing competition, particularly from rival dr-gmaker Eli Lilly.

The RTO mandate is being implemented to "foster a stronger sense of belonging, strengthen relationships, enhance collaboration, and accelerate decision-making processes." According to reports, the company did not have a universal work-from-home policy before, and rules varied by country and department. While the new mandate is a full-time return, the company stated that individual agreements between managers and employees are still possible to balance both personal and business needs.

The decision has been met with criticism from some employee representatives, who were "surprised" by the change, arguing that remote work and a vibrant office culture are not mutually exclusive. This move by Novo Nordisk aligns with a broader trend of companies reversing remote work policies, with some experts suggesting that RTO mandates are being used as a way to encourage employees to quit, thereby reducing headcount without having to pay severance. However, the company's new CEO has emphasized the need for a shift in mindset to become faster and more agile in a competitive market.


Not old Swire any more

Used to be a great company, like a family - they took care of people. Now things turned south, they had three layoffs over last couple of years. The last cut was about six months ago and almost 200 people were got cut from FSOP. I would not trust the management any more, this is different times now and they tell you one thing just to turn around and do something completely different.