#downsizing

The number is gigantic

Regardless of whether you are currently in the latest round of layoffs or simply anticipating your turn on the chopping block, consider this thread a sanctuary for our shared grievances. Channel your hatred, humiliation, and the injustices inflicted by your dim-witted yet treacherous and repulsive (desi) colleagues, and manifest them as curses here. Together, our concentrated malice will surely invoke cosmic intervention to cleanse.

Are we going to see more cuts?

Seems a number of below the radar RIFs happening in a variety of groups. Some higher grades too

Republic National Distributing Co. plans to lay off 56 employees. The company will cease operations at three Ohio locations. Two of these sites are located in Greater Cincinnati. These moves follow several months of downsizing. A potential sale of its Ohio facilities is under consideration.

Cincinnati, Ohio

https://local12.com/news/local/republic-national-distributing-layoffs-cincinnati-ohio-pending-sale-unemployment-jobs

Is something coming in June or not?

So what is everyone hearing? Any cuts on the horizon?

Downlite International will close its manufacturing facility in Monroe, North Carolina. This closure will result in 113 layoffs by August 14. The bedding manufacturer's divisions were recently purchased by Live Comfortably. The WARN report stated the sale was the reason for the Monroe facility closure. Downlite also closed two Ohio warehouses, laying off 164 employees there.

Monroe, North Carolina

https://www.charlotteobserver.com/news/business/article316023716.html

Were there layoffs already this year in all divisions? Any depts expect more this year? Any division safer?

reality doesn't care about aspirations and promises...

Ford and Lincoln in major decline, other manufacturers are not. From tge DN:

Ford Motor Co.'s U.S. sales declined almost 14% year-over-year in May, despite the introduction last month of employee discounted pricing for all.
The Dearborn automaker cited the discontinuation of the Ford Escape and Lincoln Corsair crossovers as well as reduced daily rental volumes for the decline. Without those, Ford said sales would've been down 1%, according to the company.
Cox Automotive Inc. ahead of the results was forecasting a flat May for the industry resulting from low consumer confidence and higher gas prices balanced by stock market growth and larger tax returns. With Ford discontinuing a few models and its next major vehicle launch not happening until 2027, analysts had forecast the automaker would struggle to keep pace in 2026.
The best-selling trucks in the United States, F-Series pickups and cabs, fell 13% as the company still works through limited inventory from an aluminum shortage stemming from multiple fires last fall at a supplier. The smaller Ranger fell 23%, and Maverick rose10% to a May record with its best sales month for its hybrid version. The Transit commercial van grew 4.2%, including a 22% decrease for the electric version.
Ford SUVs fell 21%, though large SUVs still are marking their best start to a year in 25 years. Explorer grew 8.8%, and Bronco rose 5.2% to a May record. But Bronco Sport dropped 8.3%, and Expedition declined 24%, though it had its best monthly retail share in six years. The electric Mustang Mach-E fell 44%. The Mustang coupe declined 1.8%.
Lincoln sales also declined 21% with all models down: Nautilus at 7.6%, Aviator at 6.1% and Navigator at 10.8%.
Ford is offering employee pricing for all through the July 4 weekend to mark the 250th anniversary of America's founding. The automaker in 2025 had a similar promotion through the summer in response to uncertainty created by new tariffs introduced by the Trump administration.
In May, Subaru Inc. reported U.S. sales were up 10%, Hyundai Motor Co. Ltd.'s increased 3%, Kia Corp.'s rose11% to a monthly record and Mazda Motor Corp.'s rose 35%. General Motors Co. and Chrysler and Jeep parent Stellantis NV will report second-quarter sales in July.

That's the official termination date for people cut back in March. So is this a mix-up, or is another round really coming that soon? More layoffs are inevitable, I just want to know if another bloodbath is right around the corner.

That’s not a light from an opening, it’s a train

2026 89,900 -9.74%
2025 99,600 -5.50%
2024 105,400 -9.99%
2023 117,100 -1.10%
2022 118,400 -10.44%
2021 132,200 -2.07%
2020 135,000 -6.57%
2019 144,500 -7.01%
2018 155,400 -3.42%
2017 160,900 -9.45%

As in July or August?

Asante confirmed it began staff layoffs. CEO Tom Gessel anticipated these reductions. He expected around 300 employees would be affected. This impacts 5 to 6 percent of staff. The health system reports significant financial losses.

Medford, Oregon

https://kobi5.com/news/top-stories/asante-begins-layoffs-as-ceo-anticipated-308236/

and $$$ has to come from somewhere. things are bad right now.

JPMorgan Chase conducted layoffs in New Jersey this year. Novartis also implemented layoffs in the state. Both companies have had three rounds of staff reductions. Meta, owner of Facebook, announced New Jersey layoffs. British bank Barclays is also letting go of staff in the state.

New Jersey

https://www.northjersey.com/story/news/business/2026/05/26/barclays-jpmorgan-chase-meta-and-novartis-to-lay-off-hundreds-in-nj/90259954007/

Republic National Distributing Company (RNDC) announced significant layoffs. The company plans to cut 267 jobs in Washington. An additional 53 employees in South Dakota will also be affected. These actions are ahead of potential distribution rights or operations takeovers. RNDC also issued WARN notices for nearly 150 layoffs in Oregon last week.

https://www.bevnet.com/spirits/2026/rndc-layoffs-continue-in-wa-sd-ahead-of-potential-deals

The rumors have been floating around for weeks now that more is coming, but nothing official just yet. Has anyone heard a date or even a rough timeline for when the next round is supposed to start?

This doesn’t feel like isolated cuts anymore. It feels more like they’re opening and closing the faucet so they don’t flood the house all at once. But the flood still feels like the end goal, just delivered gradually enough that people get used to it.

I think revenue will continue to decline, staff numbers will decrease every year and the company might survive as a content company , cloud based with around 8k employees

It's also conceivable that content may not even save us as better products become available. If this is the case then the company will likely dissolve in around 5 years time

So what do people think are the chances of serious layoffs (i.e. 2,000+ people) in August?

a.) 0% - No change
b.) 25% - So you're sayin' there's a chance.
c.) 50% - Coin flip
d.) 75% - More than likely
e.) 100% - Death and taxes

Upwork will cut 24% of its staff. This decision followed a recent earnings update. Upwork now expects lower full-year revenue. It also faces increasing legal scrutiny. Upwork's share price has sharply declined.

https://simplywall.st/stocks/us/commercial-services/nasdaq-upwk/upwork/news/assessing-upwork-upwk-valuation-after-earnings-cut-guidance

Without the financial support of the rest of the organization, the bank would have ceased several years ago. This goes all the way back to General Joe, when the growth of the bank should have resulted in changes that were left ignored, resulting in the start of the consent orders. Then, through total mismanagement, the consent orders still remain after 6 years. Several large banks and insurance companies operate under a legacy IT structure even now, with all the downsides to that model. The bright idea of devolving back to that model here will undoubtedly ki-l the patient

Down 4% already today , a big gap down

Up days were on low volume, fund managers are getting out of this stock

OT won't be in existence in it's current form in 12 months. At 15 bucks it will be taken by PE

Takeda announced plans to cut approximately 4,500 employees globally. This makes May 2026 the most significant month for biopharma layoffs this year. As of May 15, 6,739 biopharma employees were laid off or planned for reduction. This total exceeds February's 3,713 and May 2025's full month total. Despite fewer companies making cuts, the overall number of affected employees is rising.

https://www.biospace.com/job-trends/takeda-cuts-send-layoffs-soaring-in-may-rising-year-over-year

For those who keep asking "are layoffs done," the answer is always going to be no. Maybe there won't be many large rounds anymore, but small cuts are happening all the time. Just ask around. We're in the stage where layoffs are just another fact of life.

I m hearing there was another round today .. is it true ?

Does Ford feel like they're ready to jump on this AI downsizing bandwagon? We are a tech company now.

Given the times what happening around the world, internal struggling, competitors with strong growth day by day, no wonder stock going down.

Idk if can be anyone or it’s a specific department or is it random?

Anything on the horizon ? I presume after March that we are clear until October ?

ProFrac Services, LLC will lay off 157 workers. These layoffs are at its Vernal oil field. The company cited a significant local market downturn. The layoffs are scheduled to begin May 26. ProFrac Holding Corp. is the parent company.

Vernal, Utah

https://www.sltrib.com/news/2026/04/18/vernal-oilfield-plans-lay-off-more/

The stock fell 44% in a year. 33% in the last 6 months. This company is going down or getting sold in the near future.