#budget

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Geoff Martha -> biggest loser

How did we get to this point where corporate America is a country club where we will never obtain membership.

Years ago Medtronic was great place to work until the outsiders wrecked it with their paper MBAs.

Everyone I know is a clock puncher now. Why put in more than 40/week when it’s not rewarded???

Projects taking way too long now due to stretched AOP budgets.

Anyone believes that Hugo (extremely large space hog of a robot) is going to grow revenues? Elon Musks robots will soon be ble to do surgeries.


Denver Mayor Addresses City's $200 Million Budget Gap

Denver Mayor Mike Johnston presented his 2026 budget proposal to city employees. The city faces a $200 million budget gap for the upcoming year. Savings from staff reductions and facility closures will address this shortfall. Public services like street sweeping and police patrols will remain unchanged. No new taxes or fees are proposed to cover the deficit.

https://www.cbsnews.com/colorado/news/denver-mayor-mike-johnston-2026-budget-city-employees/


Wayne Schools Budget Tops $211 Million, No Layoffs

Wayne Township Public Schools avoided layoffs for the 2026-27 school year. The tentative budget totals over $211 million, exceeding $200 million for the first time. However, the district faces significant financial pressures from increasing health benefit costs. Out-of-district tuition and specialized support services also contribute to rising expenses. Local property taxes are projected to increase by approximately $296 annually per average home.

Wayne, New Jersey

https://www.tapinto.net/towns/wayne/sections/education/articles/wayne-schools-avoid-layoffs-in-2026-27-tentative-budget-but-financial-pressures-remain


PPS Avoids Teacher Layoffs Through Furlough Agreement

Portland Public Schools has reached a new agreement. This deal involves designated furlough days for staff. The measure aims to prevent teacher layoffs. This action allows the school district to manage its budget. The agreement helps avoid staff reductions.

Portland, Oregon

https://www.koin.com/video/pps-reaches-agreement-on-furlough-days-to-avoid-teacher-layoffs/11630768/


Plano

The Plano campus looks like it will be great. But like everything AT&T does, it’s already behind schedule and over-budget. Rising oil, mid-terms, and potential interest rate increases won’t help. Not to mention the 1/4 Trillion they just committed to over the same timeline. I thought we still carry a huge debt load?

And if you are Rule of 75, or will be by 2029, the likelihood you ever step foot in the new buildings as an active employee is almost zero. Stash your cash! Don’t count on 6 month severance either.

Then again, with current under-30 age employees realizing what they signed up for and are fleeing after a short 1-2 year cup-of-coffee, I can’t imagine many of the current employees will see it either.


Kittery school district weighs job cuts for the 2026–27 school year

The Kittery School Committee is weighing potential job cuts across its three schools, including teaching, paraprofessional, and special education roles. The proposed eliminations are being considered as part of a budget plan totaling just under $24 million for the 2026–27 school year.

https://www.seacoastonline.com/story/news/local/2026/03/19/kittery-schools-job-cuts/89211762007/?gca-cat=p&gnt-cfr=1


Cherry Hill District Proposes Significant Budget Reductions

Cherry Hill schools face a projected $14.5 million budget deficit. This financial gap is for the 2026-27 school year. A 3% decrease in state funding is a contributing factor. Increased expenses for healthcare, transport, and special education also contribute. The district plans property tax hikes, program reductions, and staff layoffs.

Cherry Hill, New Jersey

https://www.inquirer.com/education/cherry-hill-budget-new-jersey-school-funding-20260320.html


Princeton University Restructures Keller Center, Nine Staff Laid Off

All staff at Princeton's Keller Center face layoffs. Nine employees are impacted by this change. University-wide budget constraints prompted the decision. This marks an unprecedented academic unit staff termination. Laid-off staff may apply for four new roles.

Princeton, New Jersey

https://www.dailyprincetonian.com/article/2026/03/princeton-news-adpol-keller-center-staff-mass-layoff


Bakersfield University Staff Protest Layoff Plans

CSU Bakersfield management notified the California Faculty Association of potential layoffs. Campus leadership cited a projected budget shortfall for the 2026-2027 fiscal year. Union members held a protest on March 16. They noted rising enrollment and state funding for the system. Unions seek to protect campus jobs.

https://www.calfac.org/csu-bakersfield-union-solidarity-rally-empowers-members-in-fight-against-possible-layoffs/


Vendor Preferential Treatment continues. Majority of SOW Spend Driven by $100M+ Budget Exhaustion Mandate

Current $100M+ funding construct driving non-optimized vendor allocation.
We are being told to funnel majority of contracts to vendor Infinite to absorb allocated budget.
COO (acting CIO) -led directive reinforcing allocation bias, persisting despite Amir's (who favored Infinite along with COO) departure.
Infinite dominance across SOWs continues from COO, limiting competitive pricing and innovation.
Centralized pressure to exhaust budget outweighing value-based decision-making.
Immediate need to reintroduce competitive sourcing and benchmark discipline.
Opportunity to diversify vendor base and improve cost efficiency (20–30% potential).
Establish governance guardrails to balance utilization vs. value realization.
Molina funding structure (‘use-it-or-lose-it’) for Infinite creating forced spend dynamics.
Competitive procurement effectively bypassed in favor of Infinite resulting in suboptimal cost outcomes in a thin-margin environment of Medicaid/Medicare LOB.
Heightened risk of inefficiency, vendor lock-in, and reduced governance rigor.
No wonder Molina stock is beaten down heavily due to this wastage along with host of other issues. CEO & COO compensation per year hits $50 Mil.


Oklahoma County Officials Address Jail Budget Shortfall

Oklahoma County officials scheduled a special meeting. They will vote on additional funding for the jail. This funding aims to prevent a massive layoff. The jail faces a budget shortfall of over $5 million. The county's Budget Board will consider covering the deficit.

https://www.oklahoman.com/story/news/crime/2026/03/17/oklahoma-county-jail-funding-layoffs-loom/89196979007/


Long Beach Unified Cuts Spark Community Outcry

The Long Beach Unified district faces a significant $70 million budget deficit. The district plans staff layoffs and program cuts. Parents and staff are actively protesting these proposed cuts. They seek reversal of the district's planned reductions. Declining enrollment and expiring federal funds contribute to the deficit.

https://lbpost.com/news/education/with-layoffs-set-to-take-effect-librarians-and-parents-press-school-board-to-reverse-cuts/


The TV Shows Me Squiggly Lines

A TV has been installed on each floor of my garage that shows me a lot of squiggly lines that are meant to convey something or other. We're either the best garage ever, the worst, or we're somewhere in the middle - I'm not sure.
More well-spent money to keep these bean counters, who can't even convert data into an understandable format, on our payroll while gutting essentials. [insert-eye-roll-emoji-here] But, it is a great apple-to-oranges comparison of dissimilar areas that pose their own unique, incomparable challenges.


CFA Opposes Proposed Faculty Layoffs at CSU Bakersfield

The California Faculty Association (CFA) demands CSU Bakersfield avoid faculty layoffs. CSU Bakersfield management notified CFA of potential layoffs due to a projected budget shortfall. This would be the second round of faculty layoffs in three years for the campus. CFA argues these layoffs are unnecessary given increased enrollment and proposed state funding. The union also highlights recent executive salary increases within the CSU system.

Bakersfield, California

https://www.calfac.org/cfa-demands-csu-bakersfield-to-avoid-layoffs-preserve-faculty-ability-to-serve-students/


Burn Those Tokens!

Burn em up. Spend as many AI tokens as humanly possible. Analyze all your repos and generate charts and docs etc. Basically you have a free pass to burn as many tokens as possible. Collectively we all have a responsibility to spend as much AI dollars that Oracle has. So don’t be shy about your use of AI. Use it everywhere and for everything. Oracle will pay the bill in the end after all.


Restructuring Plan increased from $1.6bn to $2.1bn. $1.1bn in layoffs guaranteed in Q4

Check the 10-Q
ORCL has increased the budget for restructuring
Look at https://d18rn0p25nwr6d.cloudfront.net/CIK-0001341439/751a926c-6f62-4baf-8f51-80cbcafdc616.pdf and search for "Restructuring Plan"

$982m has been spent from a budget of $2,103

That means over $1.1bn will be spent on restructuring (layoffs) in Q4.

The storm is coming


earning report here is my take what do you think ?

the remaining restructuring budget mentioned in report is : $639M

if they target high-pay areas (US/Canada Seniors): The number of layoffs will be lower (closer to 10k–12k) because the $639M will run out faster.

If they target low-pay areas (Global Support/QA): They can easily hit the 20,000 number to reach that 30k total. - this include the 10k from late 2025 as its under the same budget mentioned in the earning reports


Akron Public Schools Budget Proposal Spares Many Jobs

Akron Public Schools Superintendent Mary Outley proposed a new budget plan. This plan largely avoids staff layoffs. An earlier proposal included laying off three dozen staff members. Savings are found by cutting open positions and delaying purchases. One art therapist will be laid off, and six dean roles become part-time.

https://www.wosu.org/2026-03-09/akron-schools-superintendent-proposes-new-budget-plan-avoiding-most-layoffs?_amp=true


Fresno Unified Reduces 200 Roles, Zero Job Losses Expected

Fresno Unified plans to cut at least 200 certificated and classified staff positions. District officials, however, expect almost no employees to lose their jobs. Impacted staff will have options to bump down or move to alternative roles. The district faces an $88.82 million deficit this year. A union leader suggests using $81 million in discretionary funds, but the CFO states these funds are already committed.

https://fresnoland.org/2026/03/10/fresno-unified-layoffs-4/


Upland Unified Approves Layoff Notices for Six Staff

Six non-teaching employees in Upland schools received layoff notices. The Upland Unified School District board voted unanimously on February 24. This action is a contingency for budget planning. The layoffs are due to a lack of funds or work. Affected positions include a secretary, maintenance worker, groundskeeper, custodian, and IT technician.

Upland, California

https://www.dailybulletin.com/2026/03/07/6-layoff-notices-okd-in-upland-schools/


Multnomah County Warns 190 Staff of Job Cuts

Multnomah County recently issued layoff notices. About 190 employees received these warnings. The budget's final vote occurs June 4. Affected staff face months of uncertainty. The county anticipates a $10.5 million budget gap

https://www.oregonlive.com/politics/2026/03/the-layoff-notices-came-now-nearly-200-multnomah-county-employees-live-in-limbo.html


Plymouth County Sheriff Cuts Staff Following Budget Scrutiny

Plymouth County Sheriff Joe McDonald announced 33 employee layoffs. This action includes the entire Bureau of Criminal Investigation department. The sheriff cited an unprecedented fiscal emergency for these cuts. State lawmakers withheld funds due to large budget deficits. An Inspector General report criticized sheriffs' spending practices.

https://www.bostonglobe.com/2026/03/05/metro/plymouth-sheriff-layoffs-spending-scrutiny-inspector-general/


Alvord Unified District Cuts Staff Due to Enrollment Drop

The Alvord Unified School District Board approved layoffs for up to 123 employees. This decision was made on February 12 to reduce spending. The district cited a steady decline in student enrollment over the past decade. Up to 101 teacher positions and 22 classified positions will be cut. These actions aim to ensure long-term financial stability for the district.

https://riversiderecord.org/alvord-unified-approves-layoffs-citing-decreased-enrollment-budget-instability/


St. Louis Mayor Fears Layoffs From Police Budget

St. Louis Mayor Cara Spencer warned about a proposed police budget. She stated it could severely impact city services. The mayor also indicated it might lead to layoffs in other departments. The St. Louis Board of Police Commissioners approved the budget estimate. Mayor Spencer cast the only dissenting vote during the meeting.

https://www.ksdk.com/article/news/local/business-journal/st-louis-mayor-warns-police-budget-could-decimate-city-services-force-layoffs/63-0ee3b4df-d6f6-433d-8096-d74701eadd0c


Marion County Faces Layoffs Amid Budget Shortfall

Marion County Commissioners are considering layoffs this year. This comes as they prepare for their first budget meeting in April. The county passed a $33.7 million budget for 2026. However, only $29.2 million is projected to be earned in revenue. This creates a significant budget deficit.

https://www.marionstar.com/story/news/local/2026/02/17/marion-county-budget-deficit-layoffs-possible-no-tax-increase/87959378007/


MUSD Board Approves Agreement Amid Layoff Concerns

Mo--ngo Unified School District (MUSD) Board of Trustees met recently. Union representatives voiced concerns regarding budget and staffing decisions. The California School Employees Association (CSEA) protested the layoff of five health techs. Mo--ngo Teachers Association (MTA) advocated for fair teacher compensation and smaller class sizes. Despite these concerns, the Board unanimously approved the CSEA/MUSD tentative agreement.

https://z1077fm.com/teacher-associations-give-strong-arguments-for-smaller-class-sizes-and-against-staff-layoffs-musd-board-approves-tentative-agreement/


Vivek

Why is he still around? Shankar and Vivek sat on legacy systems for so so long. I remember a struggle few years ago when I wanted us to move to better new backend system but I was shut down saying they do not have budget.

I am pretty sure they wasted millions of dollars on hiring contractors to rip off Verizon.


Manchester Schools detail layoff scenarios for funding gap

The Manchester School District faces a challenging budget season. Superintendent Jennifer Chmiel presented five scenarios for $15 million in cuts. These plans involve layoffs, affecting 42 to 113 positions. The cuts are necessary if the tax cap compliant budget is approved. The Board of School Committee will vote on budget proposals.

https://manchester.inklink.news/school-superintendent-expects-layoffs-if-aldermen-do-not-pass-baseline-budget/


ODOT Staff Hold Capitol Meeting Ahead of Budget Review

This headline does not report any layoffs occurring. Instead, transportation workers from Oregon gathered at the Capitol building in Salem, Oregon. The workers met ahead of a scheduled budget hearing for the Oregon Department of Transportation (ODOT). This preemptive meeting suggests concerns over potential future staffing adjustments or budget cuts. However, the provided headline does not confirm any specific layoff actions.

https://kval.com/news/local/oregon-transportation-workers-mmet-at-capitol-ahead-of-odot-budget-hearing-politics-odot-dmv-seiu-gap-shortfall-milions-positions-services-taxes-politics-local-community