#cuts

Anyone else see the stocks that all the execs got? It's crazy that they are laying people off in different BUs, changing the variable comp goal posts, and bringing in McKenzie over and over and they still get that bonus. Are we all just happy with a job and .9 VC instead of demanding better? Feels like they are asking for unions with this BS.

Starting to hear of the March round taking shape. Know of 1 in HR. What’s everyone else seeing?

Post any high level details of what you are seeing this morning (or if you were impacted).

:(

And they'll have no better ideas than to cut the ranks and yet again diminish the customer experience.

That’s the rumor swirling. Allegedly Wednesday. Does anyone know who exactly will be affected? I remember an article from February saying that 15% of the staff will be cut in the spring so I’m guessing that’s now.

does anyone think a 3rd round of closings will happen?

Plans are in the works to decimate all disciplines within Operations. We will see if upper management goes through with it. Some cuts are inevitable, but the new plan seems a bit of overkill. Regardless, a bumpy ride is forecast.

They just keep coming. There's no end to them. Another round, then another, then another. I'm so tired of it.

Was 600+

Rockford Public Schools announced layoffs. This action addresses a projected $15 million budget deficit. The district will lay off 110 central office and non-classroom employees. These cuts are part of a restructuring plan. The goal is to maintain long-term financial stability.

Rockford, IL

https://www.rrstar.com/story/news/local/2026/03/12/rockford-public-schools-to-cut-jobs-to-close-budget-deficit/89125389007/

Hour Media acquired three Utah magazines in February. These include three prominent Utah lifestyle publications. Most employees were laid off one month later. Eight of eleven staff members lost their positions. The Detroit-based owner, Hour Media, offered no comment.

Salt Lake City, Utah

https://www.sltrib.com/artsliving/2026/03/12/layoffs-utah-lifestyle-magazines/

I see there were cuts yesterday, can we consider that done?

Our work in federal has decreased so significantly we are getting extremely nervous.. has anyone heard anything about possible layoffs over here?

The University of Maine plans to reduce its budget by $5.6 million. This will result in layoffs for fewer than 10 staff members in the next fiscal year. An $18 million budget shortfall challenges the university. Other cost savings include unfilled positions and using gift or grant funds. Despite these measures, state appropriations increased by $2.3 million.

Bangor, Maine

https://www.bangordailynews.com/2026/03/11/bangor/bangor-education/umaine-staff-layoffs-millions-budget-cuts/

Evotec announced a new phase of its strategic reorganization. The plan includes laying off approximately 800 employees. Four company sites will also be closed as part of this initiative. This "Horizon" transformation aims to generate 75 million euros in savings by 2027. These cuts follow 600 previous job reductions between 2024 and 2025.

https://www.fiercebiotech.com/biotech/evotec-reveals-sweeping-800-person-layoffs-more-site-closures-restructuring-rolls

Senior management will remain untouched, as usual. For every executive who keeps their job, dozens of us will have to go. They'll go by the numbers to make their selections, which means the better you are, and therefore the more you're paid, the higher your chances of being cut. This company is slowly cannibalizing itself to pay for grandiose decisions that never made business sense.

The Peel District School Board issued layoff notices. More than 300 teachers received these notices for next September. Declining student enrollment is the primary reason for the cuts. The board's student population has decreased by nearly 10,000 in eight years. An Ontario Education Minister recently appointed a supervisor to the board.

Mississauga, Ontario

https://www.insauga.com/300-layoff-notices-given-to-teachers-in-mississauga-brampton-caledon/

Nothing this month?

I've lost count of how many layoff rounds I've seen. They just keep coming. There's no finish line, no moment where they say okay we're done. It's constant. The cuts keep coming and we're just supposed to be okay with it? We're supposed to keep on working like everything's fine? How did we get here?

did anyone receive layoff notice today contractors or Full timers?

Years of poor mergers, awful stock performance, and a massive data breach have left the company weaker, less trusted, and increasingly irrelevant. Instead of owning these failures and investing in real product improvement, leadership has done almost the opposite.

The products have stagnated. Customers know it. That’s why they’re leaving. And rather than fixing what’s broken, leadership’s answer has been blunt-force cost cutting and pushing a ~30% SPI increase onto customers who already don’t see the value. It’s not strategy — it’s desperation.

While customers churn and employees are asked to do more with less, Mike and the executive team have quietly extracted hundreds of millions of dollars in compensation from the company. That money didn’t go into innovation, security, or customer success. It went into executive pockets.

The most insulting part is the attitude. When concerns are raised, the response isn’t accountability or respect its dismissal, contempt, and sometimes outright laughter. Leadership hits paydirt while employees hit the breadline, and we’re told this is “good for the business.”

It isn’t. It’s short-term financial engineering at the expense of long-term trust.

Shame on the leadership team for hollowing out a company that once mattered. And shame on anyone still carrying water for decisions that have clearly failed customers, employees, and shareholders alike.

This didn’t have to be the outcome. It was a choice.

Well said, @ad+1keshgf86.

Any info on this?

Has the Q1 round of layoffs wrapped up? Are we expecting another round at the end of Q2? What’s the full-year target for layoffs, and how many have already been cut so far? I only saw media mention 1,000 in January, but no numbers for March or the rest of the year. Any clarity?

https://www.dispatch.com/story/business/employment/2026/03/11/ohio-companies-layoffs-closures-feb-2026-warn-notice-1800-workers/89084064007/

Coachella Valley Unified School District plans to eliminate about 80 positions. More than a dozen teachers at Seaview Elementary School will be laid off. The district is addressing a growing fiscal crisis. The Coachella Valley Teachers Association shared news of these job cuts. The union warns of impacts on students and staff morale.

Salton City, California

https://www.nbcpalmsprings.com/2026/03/10/teachers-at-seaview-elementary-in-salton-city-face-layoffs-as-coachella-valley-unified-cuts-80-positions

Harry & David's Medford location has reportedly laid off about 100 employees. One affected worker confirmed their termination to NewsWatch 12. The company cited restructuring and a need for cuts due to financial difficulties. Employees received no prior warning about these unexpected layoffs. NewsWatch 12 is seeking further details from Harry & David and 1-800-Flowers.

Medford, Oregon

https://www.kdrv.com/news/top-stories/one-confirmed-harry-david-employee-was-laid-off-with-about-100-layoffs-reported/article_feed4db5-42d7-4349-94d3-8f19026c9179.html

Had about 35 members of my team laid off on the last RIF 4 months ago - last Monday I and the remainder of the team, 7 of us who were left were let go.

I've been doom scrolling and reading all articles on Oracle and LE - and there are MANY right now - and I'm starting to worry that we're not being told everything and when cuts start, it's going to be much worse than we expect. LE is trying to do too many things at once and we might be the ones having to pay the price of it.

Will cuts begin before or after the merger is finalized?

Point32Health recently cut 100 jobs. This decision follows a $301 million operating loss last year. The insurer has eliminated over 450 positions since last March. Point32Health aims to reverse its financial performance. It is the state's second-largest insurer.

Boston, Massachusetts

https://www.bizjournals.com/boston/news/2026/03/09/point32health-conduct-layoffs.html

People are suggesting this date but would they pick the last week of quarter ?

If it's true, is it just India or everyone ?

Anyone have the total number for today?

Any intel when next wave of S&T layoffs across locations will be announced? Before Easter?

Ferrara Candy Company will lay off workers at its Fairfield site. Sixty-nine employees will lose their positions. This action consolidates administrative services at an out-of-state headquarters. Layoffs will happen in phases from June through January 2027. Manufacturing, warehousing, and the Visit Center jobs remain unaffected.

Fairfield, CA

https://www.msn.com/en-us/money/companies/jelly-belly-plans-fairfield-layoffs/ar-AA1WOXBR?apiversion=v2&domshim=1&noservercache=1&noservertelemetry=1&batchservertelemetry=1&renderwebcomponents=1&wcseo=1

My team is down to nothing. One more loss and the whole thing collapses. Two roles were highly specialized. Never backfilled, never even discussed. Workload's a mess, skills are missing, and no one cares. Okay, fine, cut if you must. But could there at least be some thought behind it? Or maybe fix things afterward for once?

If BCG has been in already, Mgmt knows where they are cutting. Its if it when...