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From google ai on Elliott Investment Management historical results:

As an activist hedge fund, Elliott Investment Management pushes for changes that often result in significant layoffs at the companies it invests in. While Elliott does not directly manage the day-to-day operations, its influence on corporate boards and demands for cost-cutting and restructuring have been closely linked to job cuts.
Examples of layoffs connected to Elliott Management
Southwest Airlines (2025): After Elliott acquired a major stake and secured board seats, the airline announced its first-ever company-wide layoffs. Critics believe this action was influenced by Elliott's push for profitability.
Salesforce (2023): Following Elliott's investment, Salesforce cut 10% of its workforce. Employees reportedly feared further layoffs due to Elliott's pressure for cost reductions and improved profitability.
AT&T (2019): After Elliott took a stake and demanded a strategic overhaul, AT&T cut tens of thousands of jobs and accelerated mass firings. This is viewed by critics as an example of Elliott's strategy prioritizing shareholder returns over employees.
Athenahealth (2018): After an Elliott subsidiary led a buyout, the company laid off employees, sold assets, and went private.
Juniper Networks (2015): Elliott's push for cost reductions at Juniper Networks reportedly led to job cuts at the tech company.
Why Elliott Management is linked to layoffs
Activist investor strategy: Elliott is known for "activist investing," where it buys a large stake in a company and then pushes for major changes to increase its stock value.
Focus on cost-cutting: Their playbook often involves demanding aggressive cost reductions, including slashing perceived "non-essential" departments to boost profits.
Control through board seats: The hedge fund often seeks control by gaining seats on a company's board, giving it direct influence over restructuring and personnel decisions.
Pressure for asset sales: Elliott sometimes advocates for selling off company assets to create cash for investors, which can destabilize operations and result in layoffs.

#Layoffs #Retail #News #Rumor

Survivor guilt

Anybody else feeling this way knowing that people with more experience (who helped me when I needed it the most) have been laid off? I'm grateful I still have a job, don't get me wrong, but I still feel incredibly guilty, even though I know none of this had anything to do with me.

#Layoffs #Rumor #Anxiety #WorkforceReduction

Calm Before The Storm

This Board has gone de-ad quick. Is it vacations or are u afraid to discuss layoffs all of a sudden ? Jerome Powell spooked us all at Jackson Hole today with Fedspeake and Cap Management made some darn good cashola today with those coinbase and Intel positions...back in black sooner than you'll ever know...

#Layoffs #Economy #Investors #Rumor #Updates

We still don’t know who’s likely to be hit?

Any rumors at all? I seriously doubt they’ll limit it to just redundancies. I expect they’ll go after experienced, skilled veterans too, because that’s what everyone does. Knowing your job often comes at a cost. I’ve yet to see layoffs, here or anywhere else, done strategically. It’s always crude, led by numbers, never real planning.

#Layoffs #Rumor #Anxiety #Transparency #Communication

Store level asset protection and Human Resources

If you are store level asset protection or Human Resources expect cuts early 2026. Rumors circulating that both those positions will be eliminated from bronze doors and under. Golden doors will more than likely still have those positions. More than likely asset protection will be the first to go, followed by H.R. leads.

#LayoffRumor #Rumor #HR #Retail #Security

Any truth to 6k being a target?

This sounds a bit too much, but then again…

6k is 1/3. That’s the number. That gets the staffing to about 12k which is roughly half of what it was pre covid. That’s a huge reduction. With increasing output and content the goal is double the revenue of pre covid with half the staff. That’s how you turn a profit.
OP: @fh+1k2wpserx

#Layoffs #HeadcountReduction #Rumor #Timeline #Media