#cuts

Posts mentioning hashtag #cuts

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Pay rises do happen at DXC for some

Rob Del Bene finance guy got a big increase to $6million package. See below His base salary got raised to $800k, he got 401k payments, bonuses, and a load of other....

Just think a bonuses of 135% of base salary thats around $1.1 bonus for shrinking the company, good work if you can get it.

From his contract

2.Effective as of April 1, 2025, your base salary will be increased to $800,000 per year, and shall be payable in accordance with the Company’s normal U.S. payroll practices.

3.Effective as of April 1, 2025, your target annual bonus under the Company’s annual incentive plan will be increased to 135% of your base salary.


LAUSD Board Approves Staff Layoff Notices

The Los Angeles Unified School District Board approved preliminary layoff notices. This action affects approximately 2,600 central office employees and administrators. The district faces an $877 million projected deficit for the upcoming school year. Union leaders and some board members question the necessity of these cuts. No classroom teaching positions are included in the current proposal.

https://www.dailynews.com/2026/02/17/lausd-approves-march-15-layoff-notices-in-a-4-3-vote/


How citi got a banner year

Citi did extraordinary well in 2025 and made it's position top among global banks and J got a 42 million etc but how did it happen? They are cutting left and right, people are overworking, or not working (like me,got fed up with lowest rating). So it's the FEAR which is working, is it?


Harbinger plans significant layoffs in Solano County

Harbinger, a modular homebuilder, warned of potential job cuts. The company may cut 290 workers. These layoffs would impact Solano County. Solano County is already experiencing significant job losses. The region faces ongoing economic struggles.

https://www.bizjournals.com/sanfrancisco/news/2026/02/16/solano-county-harbinger-warn-notice.html


Arrow Fastener to lay off up to 140 employees

Arrow Fastener plans to lay off up to 140 employees. The layoffs will occur from May through August. The company filed a WARN notice with the state this month. Arrow Fastener is a Saddle Brook-based handtool manufacturer. The company was founded in 1929.

https://patch.com/new-jersey/fairlawn-saddlebrook/layoffs-loom-century-old-bergen-county-nj-company


Springfield Schools lay off teachers mid-year

Springfield Public Schools laid off 27 teachers. These mid-year layoffs occurred in January 2026. The cuts resulted from a new union contract. This contract included a retroactive 4% pay increase. Teachers and students faced significant grief and uncertainty.

https://lookouteugene-springfield.com/story/education/2026/02/16/what-the-heck-just-happened-springfield-teachers-navigate-uncertainty-grief-in-midyear-layoffs/


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/


CXO leadership summit ?????

So… saw the big LinkedIn splash about the CXO Leadership Summit.

Thought we were tightening spend on these things? Especially while we’re laying people off and talking about cost discipline.

Genuine question —
• What was the actual outcome of this summit?
• How much did we spend hosting hundreds of “leaders”?
• What measurable business value came out of it?

Feels a bit tone-deaf when teams are being asked to do more with less.

Would be good to see some transparency and accountability here.


Ultragenyx cuts 130 jobs amid development challenges

Ultragenyx Pharmaceutical is reducing its employee count. Approximately 130 employees will be laid off. This follows failed late-stage trials for a bone disorder. The FDA also requested more documentation for a gene therapy application. The company aims to cut expenses and focus resources on key drivers.

https://www.fiercebiotech.com/biotech/ultragenyx-lays-10-workforce-wake-phase-3-brittle-bone-trial-fails


PeaceHealth reduces skilled caregiver roles system-wide

PeaceHealth initiated another round of layoffs. This marks the third such reduction in nine months. The layoffs affect skilled caregivers across its hospital system. Over 150 positions are impacted, including hospice nurses. PeaceHealth cited financial pressures and evolving community needs for the decision.

https://www.klcc.org/health-medicine/2026-02-12/peacehealths-latest-round-of-layoffs-impact-skilled-caregivers-including-hospice-nurses


Netflix Layoffs product team

Netflix recently conducted layoffs within its product team. Dozens of employees were impacted by these job reductions. This represents under one percent of the company's total workforce. These cuts occurred after Elizabeth Stone gained product team oversight. The layoffs happen amidst Netflix's proposed $83 billion Warner Bros. Discovery acquisition.

https://www.thewrap.com/industry-news/business/netflix-product-team-hit-with-layoffs/


CBS News Weighs Significant Staff Layoffs

CBS News is considering a new round of staff layoffs. These potential cuts could affect at least 15% of its current employees. Editor in chief Bari Weiss aims to focus the news division on streaming video. The company seeks to produce more differentiated content for audiences. Discussions are ongoing, with a potential timeline for cuts between March and May.

https://variety.com/2026/tv/news/cbs-news-considering-layoffs-could-affect-at-least-15-1236661630/


DHL Supply Chain Cuts 203 Lakeland Jobs

DHL Supply Chain is laying off 203 employees. These cuts affect a Lakeland, Florida facility. The facility is an IKEA customer fulfillment center. The company reported the layoffs in a WARN notice on February 9. Employee separations are expected to begin on April 13.

https://www.theledger.com/story/business/employment/2026/02/12/203-layoffs-at-lakeland-dhl-starting-in-april-site-closing-dec-31/88626684007/?gca-cat=p&gnt-cfr=1


Nolte — Fired Washington Post Staffers Outraged When Not Allowed to Enter Building

John Nolte’s first and last novel, Borrowed Time, is winning five-star raves from everyday readers.

If you want to know why the corporate media has lost all touch with common sense and reality, take a good look at the a--holes hired by the Washington Post.

A national newspaper actually hired (and then fired) people who literally believe they are entitled to work at the Washington Post. The Washington Post hired people who literally believe they have a right to work at the Washington Post. The Washington Post hires people who literally believe it is illegal to fire them.

“When they came to work this morning — to continue the jobs they were hired to do — they were blocked from entering the building,” writes the Washington Post employees’ union. “Our members are still employees. We are in Status Quo, which means that these layoffs are illegal.”

Doesn’t it all make sense now?

This is the mindset of the people the Washington Post hired to report the news to us, and they are all so twisted, immature, and spoiled that they are publicly proclaiming (without any embarrassment) that the Post has no legal right to let them go.

Why would a national newspaper allow this mindset into its newsroom?

“Last night after working hours, our members who are being targeted for layoffs by the Washington Post were locked out of their work devices, platforms, and the Post building,” complained the union.

Yes, that’s what happens after you lose your job. Some of us have discovered we’ve been let go by trying to sign in to work, only to discover our password has been revoked.

But my overall point is this…

These are the lunatics who hold the wheel in the corporate media. We’re not talking about differences over how high the minimum wage should be, tax rates, or abortion. We’re dealing with narcissistic sociopaths who believe they are entitled to a job at the Washington Post. Where do you begin to find common ground and a shared culture with people who honestly believe that kind of madness?

Even Communists don’t go this far. I spent years educating myself on the Soviet Union, and I can’t recall anyone ever saying they had a legal right to work for Pravda, or anywhere for that matter.

It’s scary enough to discover that our failed education system is pumping out people like this. But that a major newspaper would allow them over the wall and into the newsroom says everything about why the corporate media is broken and will never reform.


2800 more to be offboarded by EOY

Unless they are stopped, they will continue to force low ratings, terminations, removed merit amongst other things. They plan alot more cuts in 2026 and think they will be AI leaders in the industry when we have to work off systems over 30 years old cause they refuse to upgrade them. FOH. Dont let them get away with it people. Save all prior performance now and challenge any bs ratings


Target to cut 107 jobs in New Jersey

Target is implementing significant job reductions across its operations. The company plans to eliminate 107 positions as part of these layoffs. These specific job cuts will impact employees located in New Jersey. This move is occurring amid a broader series of layoffs being carried out by the retail giant. The headline does not specify particular cities within New Jersey affected by these job losses.

https://njbiz.com/target-layoffs-new-jersey-107-jobs/