#restructuring

Many new positions over the last few months have came up doing the same exact jobs that are already in place. QMCA’s were implemented that replicate member advocates, case managers, and patient care advocates.. they are doing the same work leaving older employees with a smaller almost nonexistent caseload. These positions were implemented earlier this year and the last hiring wave ended in June. I feel like the new hires are safe. They are keeping the new positions and getting rid of the old.

The plan made by the leadership is insane. In the name of outsourcing to India, VZ is cutting jobs and restructuring work among the existing employees. In India, we have only a very, very limited number of team members, and even among them, many employees have been let go.

it feels like we're being gaslit... as if we didn't hear what leadership said and read the program information and FAQs. I pulled the receipts.

quotes from Sarah's 6/15 Calling:

"we are sitting here today as a result of policy changes and market changes, program changes and strategic business decisions that we have made."

"when our membership shifts, we need to shift our organization accordingly. In plain terms, what that means is there will be CenTeamers who are impacted by some of the restructuring that we need to undertake in the near term."

"[The Voluntary Separation Program] is something that our people team has worked incredibly hard on... we felt it was really important in this moment as we were embarking on this restructuring, to give CenTeamers who, for whatever reason, may be ready to move on to their next chapter, or to continue to pursue our mission in a different way somewhere else, the ability to raise their hand and do that with some enhanced benefits."

"there will be a wave of restructuring, our goal is to notify any of the impacted CenTeamers by early August."

"my commitment to you as we go through these changes, both in the near term and whatever change comes as a part of Mission Simplify, is to be as transparent as possible."

• both in the near term AND whatever change comes as a part of Mission Simplify... that's not anxiety inducing at all*

Tanya's 6/15 Email:

"Today, we are announcing a Voluntary Separation Program (VSP) to provide a pathway for those employees who are ready to start their next chapter, as well as the hard news that following the VSP, some members of the CenTeam will be impacted by a wave of restructuring."

"the VSP is designed to provide eligible team members with choice."

Employee FAQs:

A1 What is the Voluntary Separation Program?
The Voluntary Separation Program is a program that provides eligible employees with the opportunity to apply to voluntarily leave Centene with some enhanced benefits.

A2 Why is Centene offering the VSP? And why now?
We have a responsibility to our customers and members to constantly evaluate whether we can deliver better outcomes more efficiently. At the same time, when our membership base shifts - whether because of policy changes or strategic business decisions - we must adjust our organization to match that membership. Combined, these factors mean we are entering a period of both reimagining and restructuring. So we are offering the VSP as part of our efforts to right-size our workforce.

• we are offering the VSP as part of our efforts to right-size our workforce*

A3 Will there also be job eliminations as part of an involuntary program?
Centene is offering the VSP now to proactively manage changes in the business while being transparent, remaining true to our culture and providing team members a voluntary option first, before considering other actions. Following the VSP, we do expect that we will need to make further restructuring decisions, and we will expect to notify anyone whose role is impacted by early August.

• we do expect that we will need to make further restructuring decisions*

Tanya's 7/1 Email:

"The Voluntary Separation Program is an opportunity for those employees who were already considering an exit from Centene for personal or professional reasons to do so with some enhanced benefits."

"We strongly suggest that you apply for the VSP only if you want to leave Centene."

in essence, they said what they said... we heard what they said, we listened to what they said... we are not d-mb. we know that MCR/MCD/MKT health insurance is going through a major change. we know the economy is not looking all that great...

so we were supposed to risk being cut with less money? we have seen people post on here that they received significantly less severance. we have families to feed, we need to keep a roof over our heads!! I have been with the organization for years, believe in our mission and planned to stay for many more years, but this is ridiculous...

Has anyone been removed from their team and put on temporary assignment with no team or supervisor to report to since the VSP came out? Curious if people that have were already slated to be cut loose. Seems odd they would restructure before the VSPs are approved or denied.

Nike is undergoing a significant business restructuring. The company has ceased operations at its Fitness Studios. It consolidated tech offices, affecting around 1,400 employees. Nike also closed its prominent New York City retail location. These changes reflect a shift towards wholesale partnerships and away from its prior direct-to-consumer model.

https://www.thestreet.com/retail/nike-closes-stores-studios-and-its-flagship-location

iHeartMedia is cutting on-air radio staff nationwide. The company is undergoing a restructuring process. This restructuring aims to speed up the sales process. Several Colorado radio personalities were let go. Bret Saunders, Denise Plante, and Ryan Schuiling are among those affected.

Denver, Colorado

https://www.9news.com/article/money/business/iheartradio-layoffs-denver-denise-plante-ryan-schuiling/73-e655a9a0-0254-4f58-819a-befe3eccabe5

The continued restructuring appears likely to result in significant layoffs. My concern is that experienced leaders with valuable institutional knowledge are being replaced, increasing the risk of poor decision-making and execution. I hope leadership carefully considers the long-term impact on employees, customers, and the business.

Our Free Cash Flow is heavily bleeding at negative $23.7 Billion because management is dumping $55.7 Billion straight into AI data centers. To balance headcount will drop 13% from 162,000 down to 145,000 and slowly reduce near 130K+.
You have few direct reports with VP, Dir, Snr. Dir, Mgr titles (or) in legacy divisions you might be the high target. QA's, Release engineering teams, Release managers pack your stuffs.
If your org is in re-skill zone, the leadership team can expect a heavy restructuring here.
I doubt Oracle has better pay or hike plans in near future till it resolves its debt.

Ideal US Talent Worker OpCo LLC announced layoffs affecting 9,891 remote gig workers. The job cuts affect staff in multiple U.S. states. The temporary staffing firm, based in Minnesota, is restructuring its worker operations. The company is moving its client agreements to another entity. Affected employees are encouraged to apply for positions with this new entity.

https://pbn.com/warn-notice-minnesota-staffing-firm-laying-off-2-r-i-employees/?amp=1

No GM assigned. Moving to a country model?

DXC has all the energy of a company that accidentally put “innovation” on its PowerPoint template and has been trying to live up to it ever since. Every restructuring is announced like it’s the dawn of a bold new era, yet somehow the biggest breakthrough is discovering another department that can be renamed, outsourced, or merged into an acronym nobody understands. If corporate strategy were a game of Jenga, DXC would be the team proudly removing load-bearing blocks while assuring everyone the wobbling is actually “operational agility.” It’s the sort of place where “doing more with less” eventually becomes “doing less with absolutely nothing,” but somehow there’s still time for three meetings, four status reports, and a mandatory training module about embracing change.

The food and beverage industry is experiencing significant layoffs across various companies. These job cuts are primarily due to restructuring efforts, cost pressures, and changing consumer demand. Artificial intelligence is not the main reason for these widespread workforce reductions. Companies like Heineken, Nestle, JBS USA, Del Monte Foods, and BeatBox have announced job impacts or facility closures. The industry is adapting to new business challenges and seeking greater profitability.

https://foodinstitute.com/focus/food-beverage-layoffs-arent-about-ai-theyre-about-industry-reinventing-itself/

iHeartMedia confirmed new staff reductions across its radio markets. Numerous radio personalities and other staff were impacted by these changes. These layoffs affected employees across many markets nationwide. Several long-tenured individuals, some with decades of service, departed the company. The company cited restructuring as the reason for these changes.

https://ramp247.com/programming/more-layoffs-underway-at-iheartmedia/

Well, partner… I knew somethin’ was driftin’ my way the moment I walked into Dell Tthat mornin’. The air felt different—like the quiet before a desert storm. Folks were lookin’ at me with that soft, sympathetic smile people give a man who’s about to hear somethin’ he ain’t gonna like.
I sat down, opened my laptop, and before I could even take a sip of my coffee—ding.
A meeting invite.
HR.
Mandatory.
Immediate.
That’s the corporate version of a tumbleweed rollin’ across your path.

I walked into that little conference room, and there they were: HR lady with her practiced gentle voice, my manager lookin’ like he’d spent the night thinkin’ about how to break bad news without breakin’ my spirit.

She said, “We’re restructuring the organization.”

I tipped my head, smiled a little. “Well ma’am… life’s been restructurin’ me since the day I was born.”

Then she said it—soft, slow, like she was singin’ a sad country tune:
“Your position has been eliminated.”

And I swear, for a moment, the room felt like the inside of an old ho--y‑tonk—quiet, dusty, full of memories. They slid a packet across the table, thick as a Sunday newspaper, full of “resources” and “next steps.” I flipped through it like it was sheet music for a song I didn’t wanna play.

I packed up my desk—my mug, my pens, my little notebook full of ideas that never quite made it to the stage—and I walked out. Folks nodded at me like I was ridin’ off into the sunset.

But when I stepped outside…
The sun hit me warm.
The breeze carried that familiar whisper.
Freedom.

I took a breath, felt the weight lift off my shoulders, and smiled.
“Dell,” I said under my breath, “you just gave me a reason to get back on the road again.”

And I walked toward my truck, feelin’ that old Wi---e rhythm in my bones—soft, steady, hopeful. Because sometimes life closes a door just to remind you you’ve still got miles to travel, songs to sing, and places to be.

And brother… I was ready to roll.

Don't know what got into our organization lately. They're moving all the leads into completely unfamiliar areas instead of letting them work on what they know best. The whole org just feels more and more chaotic. It feels like leadership has turned everything upside down. More people are leaving on their own, and layoffs keep happening too. I honestly don't know what management is thinking. Almost everyone in the org is disappointed with all these changes. Nobody seems to understand why they're doing this, but at the same time, it feels like if you push back or question anything, you're just putting a target on your back.

Anyone have any idea why this is happening? Forcing people to quit doesn't seem realistic, and if they keep laying people off, there won't be anyone left to do the work. The whole org is going to literally fall apart.

iHeartMedia conducted a national round of layoffs on June 26. This included the last local radio personalities at Riverside's 99.1 KGGI. Evelyn Erives, Garrison King, and Nick Nack were among those cut. These cuts are part of a broader restructuring plan. The company aims for $50 million in annualized savings.

Riverside, California

https://www.pressenterprise.com/2026/06/26/99-1-kggi-cuts-the-last-of-local-radio-personalities-in-latest-layoffs/

Let’s get real peeps.

FIS bought, absorbed, renamed, reorganized, and stacked business on top of business without ever turning the whole thing into something coherent. Too many layers, too many handoffs, too many teams protecting their little kingdoms, and too many people paid to attend meetings about work instead of doing work.

That kind of structure can survive for a while, especially when revenue hides the rot. But eventually the bill comes due. And when it does, headcount is where leadership goes first.

Your impending layoff is the natural consequence of FIS getting big without getting better. The smart move is to stop treating this like a personal betrayal and start treating it like a warning. Update your resume. Call people. Look outside. Move before the axe swings.

And if you have spent years coasting inside FIS, this is the moment of truth. The market will tell you very quickly whether you were building a career or just collecting a paycheck inside a system that made underperformance easy to hide.

Get over it.

https://radioinsight.com/headlines/360118/iheart-starts-programming-realignment-with-ongoing-cuts/

anyone have insight into what the terms are when it comes to returning to the organization and paying back the severance? is it the same terms for everyone regardless of the amount? thinking I might be able to swing taking a year off.

I think it's possible for the organization to do what they need to do (restructuring, restabilize) and then I can see how things are a year from now.

also are there non-competes? I would hope they wouldn't tell us that we couldn't go to UHC, Cigna, Humana, etc... personally I don't feel like an organization should dictate what my next career move is.

iHeartMedia initiated layoffs affecting radio stations nationwide. The company is restructuring its radio programming and building new tech capabilities. This move aims for $50 million in annualized cost savings. Several Lehigh Valley radio personalities were among those let go. The company did not disclose the exact number of affected employees.

Lehigh Valley, Pennsylvania

https://www.mcall.com/2026/06/25/lehigh-valley-radio-personalities-laid-off-as-iheartmedia-downsizes/

Radio giant iHeartMedia is undergoing significant nationwide layoffs. Its cluster of 13 stations in Palm Beach County is anticipating local impacts. The company has not yet specified the number of affected employees. This move signals a major restructuring for the entertainment company. Further details regarding the changes are expected soon.

Palm Beach County, Florida

https://www.palmbeachpost.com/story/entertainment/2026/06/26/iheartmedia-nationwide-layoffs-palm-beach/90694911007/

iHeartMedia's latest round of layoffs has reached Baltimore. WPOC 93.1 midday host Bob Delmont exited the company after 27 years. Delmont also hosted iHeart's nationally syndicated Classic Country format. His departure is part of a companywide restructuring to reduce costs. iHeartMedia plans significant cost savings this year and next.

Baltimore, Maryland

https://dcrtv.com/bob-delmont-exits-wpoc-as-iheart-layoffs-reach-baltimore/

They moved people out of real estate to WFH to get the real estate off the books end of 2nd quarter. Not because there has been a change of heart for RTO. Confirmed, a large WFH group. Shift bid completed early June NOT fully released. Company seems to be releasing 2 - 3 weeks of schedule. Normally, they would release about 3 month. This not an indicator of restructuring. #WFH #AT&T #AT&TLayoffs

The Minnesota Attorney General's Office announced staff reductions. Seventeen employees were laid off yesterday. These cuts represent about 4% of the total workforce. A spokesperson confirmed ongoing litigation will not be impacted. The new Medicaid Fraud Control Unit remains unaffected.

Minnesota

https://www.axios.com/local/twin-cities/2026/06/25/layoffs-at-minnesota-attorney-general-s-office

iHeartMedia is conducting layoffs as part of a restructuring plan. Local radio personalities in the Quad Cities were affected. Hosts from stations like WLLR and Big 106.5 lost their jobs. The company aims for $50 million in cost savings. These changes will lead to more national programming.

Davenport, Iowa

https://www.wqad.com/article/news/local/iheart-layoffs-wllr-big1065-local-talent-lose-jobs/526-2e247803-33d0-41e0-922c-0bc6f937bd22

KXnO, a Des Moines radio station, laid off many staff members. This action is part of a major iHeartMedia programming restructuring. Several on-air hosts, including Heather Burnside and Sean Roberts, were affected. The full number of layoffs across all markets remains undisclosed. Similar job cuts occurred in St. Louis, Pittsburgh, and Indianapolis.

Des Moines, Iowa

https://www.desmoinesregister.com/story/sports/2026/06/24/kxno-des-moines-iheartmedia-layoffs-radio-heather-burnside-sean-roberts/90674766007/

I think the downfall really started back in 2016, everyone I speak (ys staff) is negative and tells me to sell my stocks now. After 2016 the company became bloated and started its India Journey and reducing quality and costs (it worked!!). At the same time it became a D&I playground for LHBTQI folks and as white male you were almost shamed for who you are and LT got targets getting more minorities and females promoted.

Good luck all, the good ones (you?) will find a better place their is al lot going on, just not in oil and gas anymore.

Sharing my research results:

Upstream & Exploration: Implementing a 20% headcount reduction across exploration, subsurface, and well-engineering teams over Q2 and Q3 2026.
Regions: Heavily hitting main administrative and technical hubs in Houston (USA), The Hague (Netherlands), and London/Aberdeen (UK).

Downstream & Chemicals: Downsizing operational footprints throughout 2026 to contain cash bleeding following multi-billion dollar losses in base chemical segments.
Regions: Layoffs and scale-backs target older processing infrastructure in Rotterdam (Netherlands), Stanlow (UK), and Monaca (USA), following a complete exit from Singapore assets.

Global Business Operations: Consolidating corporate back-offices and shifting away from generalized administrative roles.
Regions: Shared-service hubs in Continental Europe are affected, including roughly 300 job cuts executed at the Kraków (Poland) center in June 2026.

Low Carbon Solutions: Personnel cuts are occurring dynamically throughout 2026 as renewable projects are deferred or canceled.
Regions: Impacting project engineering and corporate green teams primarily across Northwest Europe (e.g., matching the construction pause at the Rotterdam biofuels facility).

It is natural to feel anxious when restructuring threatens your security, but corporate changes cannot diminish your personal value or expertise. While you cannot control executive decisions, you can reclaim power by auditing your wins, refreshing your resume, and reaching out to your network. Lean on the solid foundation of skills you own; companies change, but your capability remains.

ADC Therapeutics announced a strategic reorganization. This plan includes a 17% reduction in its global workforce. The company expects to save $10 million annually from these cuts. This follows recent safety concerns in a Zynlonta clinical trial. The reorganization aims to focus resources on the Zynlonta franchise.

https://www.fiercepharma.com/pharma/amid-safety-concerns-adc-therapeutics-plots-17-staff-cuts-push-resources-behind-lead-adc

Automotive and transport sectors saw significant workforce reductions in 2026. Weak demand, corporate restructuring, and AI integration caused these cuts. UPS eliminated 30,000 positions due to an AI-driven transformation. Volkswagen Group cut 50,000 employees in two separate rounds. Numerous other companies also reduced staff to manage operational costs.

https://www.latestly.com/auto/layoffs-in-auto-sector-2026-check-list-of-auto-and-transport-companies-that-reduced-their-workforce-7487974.html/amp

Have you guys looked at his history past where he’s worked? Do a quick ChatGPT/Gemini search on his roles at his previous corps. People talking about PE in the other thread. No need. This guy will do the same they’d do, without selling out. His specialty is corporate restructuring and cost efficiency. Get ready everyone. They didn’t bring in an outsider for nothing. I bet you MF was unwilling to do what EH and the board wants. I think they see that EH approval rating is declining, so bring in someone else to be the bad guy. Homeboy doesn’t care. He’s probably on his way out of his career.

Ideal US Talent Worker OpCo LLC plans significant layoffs. The company will cut 1,395 workers. These layoffs affect five Illinois counties. Restructuring is cited as the reason for the permanent job losses. Affected employees are encouraged to apply to a third-party partner.

https://www.pjstar.com/story/business/employment/2026/06/24/illinois-employer-reveals-permanent-layoffs-across-five-counties/90654935007/

iHeartMedia has begun a new round of layoffs affecting dozens of workers in its local radio broadcasting units, The Desk has learned.

The layoffs are part of a broader restructuring promised in iHeart’s first quarter (Q1) financial earnings report earlier this year.

https://thedesk.net/2026/06/iheartmedia-layoffs-new-round/

.Lucid Group announced a major restructuring plan. This plan includes laying off approximately 18% of its global workforce. The company will also close its second production shift in Arizona. Lucid's shares fell 3.7% to $5.16 after the announcement. The changes aim to align production with demand and improve cost efficiency.

https://hdfcsky.com/news/lucid-stock-falls-3-7percent-after-major-restructuring-plan

Oracle cut approximately 21,000 jobs globally in the past year. This reduction represents about 13% of its total workforce. The company is reshaping its business to focus on artificial intelligence. Deployment of AI technologies led to these workforce reductions. Oracle incurred $1.8 billion in restructuring costs due to the layoffs.

https://www.bbc.com/news/articles/c4gy0x0j5deo

Wells Fargo faces scrutiny over recent workforce reductions. The bank simultaneously filed hundreds of H-1B visa applications. This activity sparked renewed debate on foreign worker programs. CEO Charlie Scharf expects further workforce reductions for efficiency. Layoffs are part of ongoing restructuring and technology investments.

North Carolina

https://americanbazaaronline.com/2026/06/22/wells-fargo-layoffs-renew-debate-over-h-1b-hiring-483268/

Can we have some of those?

Uniti is on the path to being the most poorly run company in history. They now are looking for new vice presidents in many departments because they have laid off so many and lost so much revenue they are now in panic restructure while looking to sell the whole company. Pathetic, evil, and stupid, the new Uniti motto

Oracle workforce shrinks by about 21,000 employees amid AI adoption

https://www.yahoo.com/finance/technology/ai/articles/oracle-workforce-shrinks-13-204431510.html

Oracle's total workforce declined 13%, or about 21,000 employees in fiscal ‌2026, as the cloud computing giant continued ‌restructuring its business, partly driven by the adoption of AI ​across its operations.

The company had a total workforce of 141,000 as of May 31, 2026, compared with about 162,000 as of the same period last ‌year, according to ⁠its annual report released on Monday.

Oracle spent $1.84 billion in severance payments and other ⁠exit costs related to the restructuring activities in fiscal 2026, significantly higher than the $374 million spent in ​the previous ​fiscal year, the ​filing showed.

It also said ‌in its filing that the workforce adjustments were in response to various factors, including management and product changes, performance issues, strategic shifts and acquisitions.

The decline in the workforce follows multiple reports earlier ‌this year about Oracle cutting ​thousands of jobs. The company ​did not immediately ​respond to a Reuters request for ‌comment.

Worries are quickly mounting over ​job losses ​due to AI disruption, as 196 tech companies laid off more than 119,800 employees so ​far this year, ‌according to Layoffs.fyi, a website tracking sector-wide ​job cuts.

Missouri

• MU Health Care is laying off 74 workers and closing Hy-Vee Quick Care clinics in Columbia, Missouri, with keywords including workforce reduction, clinic closure, organizational redesign, and financial challenges.

Iowa

• State of Iowa is laying off roughly 200 state workers statewide as management of government data and websites is outsourced, with keywords including outsourcing, IT, data management, and state government.

Massachusetts

• Baystate Health has layoffs affecting an unknown number of workers across multiple departments in western Massachusetts, with keywords including hospital system, nursing concerns, emergency rooms, and workforce reduction.

Minnesota

• Acuity Brands Lighting is closing its Winona, Minnesota facility and laying off 86 workers, with keywords including WARN notice, plant closure, manufacturing, and production shift.

Michigan

• Dow is beginning layoffs in Midland, Michigan as part of a global restructuring affecting about 4,500 jobs worldwide, with keywords including restructuring, chemicals, global cuts, and workforce reduction.

Oregon

• Asante Health System has ongoing layoffs affecting an unknown number of workers in Medford, Oregon, with keywords including healthcare, restructuring, hiring, and workforce reduction.

Idaho

• Scentsy previously laid off 87 workers in Meridian, Idaho, with keywords including headquarters, warehouse, scented wax, and workforce reduction.

Texas

• John Soules Foods may trigger layoffs affecting an unknown number of workers in Tyler, Texas if a sanitation contract ends, with keywords including contract loss, food processing, sanitation, and workforce reduction.

United Kingdom

• BBC is cutting 550 jobs across the United Kingdom as part of a cost-savings plan, with keywords including budget reduction, restructuring, commissioning spend, and workforce reduction.

Company-wide/Location Not Specified

• Robinhood is laying off approximately 290 workers, with keywords including fintech, workforce reduction, cost management, and restructuring.
• Starbucks eliminated an unknown number of sustainability and social impact roles, with keywords including sustainability, corporate restructuring, leadership changes, and workforce reduction.
• Meta previously conducted layoffs affecting an unspecified number of workers while reassigning more than 7,000 employees to AI-focused roles, with keywords including artificial intelligence, restructuring, reassignment, and workforce reduction.
• Diageo, the company behind Johnnie Walker and Don Julio, is planning layoffs affecting an unknown number of workers, with keywords including cost savings, restructuring, non-revenue teams, and workforce reduction.

Potential/Unconfirmed Layoffs

• Seattle Public Schools is considering layoffs and school closures due to an $87 million budget shortfall in Seattle, Washington, with keywords including budget deficit, education, school closures, and proposed cuts.
• Xbox is reportedly preparing layoffs affecting an unknown number of workers, with keywords including gaming, restructuring, reported cuts, and workforce reduction.
• Bethesda parent ZeniMax is reportedly conducting layoffs affecting an unknown number of workers, with keywords including gaming, restructuring, reported cuts, and workforce reduction.
• Bungie is reportedly expected to lay off roughly 400 workers, with keywords including gaming, Destiny 2, Marathon, and proposed cuts.

National/Other Commentary and Analysis

• BioSpace published analysis explaining common drivers of biopharma layoffs, with keywords including biopharma, workforce trends, cost cutting, and industry analysis.
• HR Executive reported comments from Demis Hassabis arguing that some AI-related layoffs are driven by copycat behavior, with keywords including artificial intelligence, labor trends, executive commentary, and workforce strategy.
• WKYC, Reuters, and Butler Eagle reported that U.S. jobless claims remain historically low, with keywords including unemployment benefits, labor market, economic data, and layoffs.
• Chron summarized year-to-date Texas layoff totals and major WARN events, with keywords including statistics, WARN notices, labor market, and workforce trends.
• YouTube coverage explained WARN Act worker protections in Texas, with keywords including labor law, WARN Act, worker rights, and legal compliance.

Word on the street is that CVS is potentially getting rid of the operations manager position, and making people go up to Store manager or down to shift supervisor. Can anyone confirm if this is true?