#uncertainty

Does anyone have any updates from all CECs? Are we just waiting ducks? Or did we assume to soon about this week’s layoffs??

I am so confused about this week and how it will go. It’s sad that a company has everyone thinking the worse with just small changes. Smh

Monarch Tractor, an agricultural tech startup, faces an uncertain future. The company recently laid off nearly all its remaining staff. Its Livermore, California headquarters has been vacated and equipment auctioned. Monarch Tractor developed the MK-V, an electric autonomous smart tractor. The company had raised over $200 million and was valued highly less than two years ago.

Livermore, California

https://igrownews.com/monarch-tractor-news/

3 team members and 1 upper management got layoff last week in Gentex. The reason was unclear but some say its because of it might have something to do with Gentex losing 42% of its stock value in 2 years. With the Iran, US and Israel war & tariffs, the future seems pretty uncertain as the stock keeps dipping.

That's torture. The stress never lets up. I'd take a few big and quick rounds over that any day.

I'm at the point where I'm dreading each Monday because I'm not sure what they'll drop on us. Will it be layoffs, loss in benefits, or whatever else they can think of to make our lives more miserable. God, I hate this place.

Is that a good thing? Or the calm before the storm?

If that happens to me personally, I'll consider myself a complete failure.

I've been job hunting for months. Calling the market "slim pickings" is generous, and it's only going to get worse. We're heading toward a place where beggars can't be choosers. Anything, anywhere, for any amount of time, will have to do.

I'm trying to stay positive, but it’s tough to picture things improving in any way without major changes. And I don't think we'll be seeing such changes any time soon, if ever.

Or is it just speculation?

Please share any updates.

It's been over a month since we were told there would be GT layoffs. How much longer do we need to complete this "rationalization"? Fu-k the spring holidays, just pull the ripcord and send the emails already.

Does anyone know the extent of layoffs that happened in the last few days? Was there any layoffs today also?

Different people are reporting differently. I’d appreciate if anyone has analyzed this and can share their findings. Someone is maintaining a running total from Slack (Thanks a ton!), and that says about 12,000 people were let go.

Terrible to hear about layoffs and see our coworkers let go. I hope this madness stops soon so we can focus on work. Tired of being on the edge for the last 6 months. Thanks!

YET?

Seeing LinkedIn goodbyes - what groups are getting cut this week?

From what I can see, this was a pretty limited round, which makes me more worried. Instead of feeling like it’s over, it just feels like the start of something that’s going to continue.

Can we say with certainty that everybody affected has been notified by now?

People saying ORX isn’t affected but more than 25 pharmacists were laid off. It’s unsettling.

Peak combo of constant crises and steady decline, with the daily expectation of joblessness.

I would otherwise be out without a second thought. I don't know what your experience is, but there are barely any jobs out there. I reached my peak burnout just as there are no options left. Well, I'll just tread water here until better times, trying not to go nuts from having to show up here every day.

It’s bad all the time. I mean if there is anything in particular not to look forward to?

Or when the next round will hit, or how many they think it makes sense to cut. Leadership overextended. AI is a black hole they all fell into, and now they're operating on pure sunk cost fallacy. They may end up shooting themselves in the leg to save the arm. Basically, anything can happen in the near future, and none of it will be good for us.

Maybe tomorrow can happen, by April 3rd it can happen? How many still pending.. How much percentage of Mexico gone?

Non-Core layoffs, who's actually been affected?
I'm a US-based remote employee in an SMBC Non-Core unit. I was certain I'd be laid off, but the axe hasn't fallen on me or several peers.
Is this a real stay of execution, or just a holding pattern before they sell us off?

Should I take this as a good sigh? Or is it just the usual calm before the storm?

We are all sad to see our brilliant coworkers leave this week in the US and around the globe. Is this round finished? If so, when will be the next round? We all need to get prepared for the next impact now.

A coworker mentioned he talked to his manager who told him to relax, no cuts planned for a while. I think this sounds too good to be true but one can hope. Has anybody else heard something like this?

Anyone show no schedule past May 2026 in house calls? Seems odd, but with the current environment not surprised.

Big difference in both these numbers .

Which one is it

The talks of tough guys on this post board… what is going on at ONHD. What is we in for next 3 month??

For at least a couple of years, until everything settles down. There's no doubt about this in my mind. If you like job security, you're out of luck.

I know many are tempted to quit with cuts and uncertainty but unless you have something lined up, don't. Even a horrible job that pays the bills is better than unemployment at a time when job market is among the worst it's ever been. Don't make the mistake of putting yourself into an even worse position on an impulse.

They did pilot layoff on Tuesday on OCI support organisation, and that's it.. radio silence... They are rumours by end of March... Does management spread this rumor.. or directors spreading this rumor... The wait is ki-ling... Constant thinking... I may get diabetes or what...

I have nearly 15 years at the bank and am at retirement age. If I were laid off, would I still receive all my retirement benefits, along with any severance they might offer? Or would I be better off retiring before I get laid off? I fully expect more cuts in my BL.

Suppliers no longer expect market conditions to normalize. They are adapting operations for ongoing market instability. This follows tens of thousands of job cuts in 2025. Relentless regulatory uncertainty also prompted this change. This information comes from a recent S&P Global survey.

https://www.autonews.com/manufacturing/suppliers/ane-suppliers-survey-0317/

Can we be certain?

ASML revealed plans to eliminate about 1,700 management positions, representing around 4% of its global staff. The cuts focus largely on technical and IT teams, and weeks after the announcement, employees are still waiting for clarity.

https://www.tomshardware.com/tech-industry/asml-workers-still-in-the-dark-seven-weeks-after-1700-management-cuts-announced