#job

KBR Services LLC is laying off 758 workers. These job cuts are at Fort Irwin, California. The company cited a decrease in customer work. Layoffs are scheduled to occur by May 6. KBR provides logistics and maintenance support for the military.

Fort Irwin, California

https://www.sfchronicle.com/california/article/layoffs-kbr-defense-contractor-22073260.php

I am thinking of applying for a job at DXC but saw the BBC news. Any thoughts?

I’ve been watching the news about layoffs at Oracle and it brought back a lot of memories.

Years ago, working at Oracle was my dream job. It was one of the most prestigious names in tech and I was excited to be part of it.

But the reality, at least in my experience, was very different.

For the eight years I worked there, it was the most unstable job I ever had. Every quarter felt like a countdown to the next round of layoffs. Thousands of people would be cut and everyone wondered if their number was next. The culture at the management level was extremely aggressive and political. There was constant pressure, constant internal competition, and very little sense of long-term stability.

To be fair, the colleagues I worked with were fantastic. I made a lot of lifelong friends there and many of them were incredibly talented people.

But the environment eventually forced me to make a decision.

Instead of waiting for the next round of layoffs, I spent nearly two years quietly preparing my exit. I upgraded my skills, repositioned my career, and eventually moved on.

That decision changed everything.

I’ve now been at my current company for seven years. Last year I made nearly three times what I was making before. I enjoy the work, feel valued, and have compensation and stock options that actually reward performance.

Like any business, layoffs can happen anywhere. But the difference is that today I have modern, in-demand skills and a role where I’m excited to show up every day.

Looking back over a 40-year career, I’ve lived through a lot of economic cycles:

• The 1987 stock market crash
• The Dot-com crash of 2000
• The 2008 global financial crisis, and in 2012 Housing Bubble
• The COVID market crash of 2020

Through all of that, I’ve never been laid off once.

That wasn’t luck. It was about continually adapting, learning new skills, and being willing to take control of your own future rather than waiting for a company to decide it for you.

Sometimes the best career move you can make is the hardest one: deciding it’s time to leave.

When I was in analytics at Accenture, they had a tool where you could see how many people at the company were hired after you. I checked it three months in, and 70% of the company had been hired after me. That is how high the turnover was.

My honest opinion is that Accenture exploits insecure overachievers. The company oversells projects, understaffs them, and then blames employees when they cannot make up the difference. And because so many of those employees are wired to overperform, they end up blaming themselves for a gap the company created in the first place.

To me, Accenture was the epitome of the emperor has no clothes. Everything felt like smoke and mirrors. Projects were sold on buzzwords, polished decks, and vague promises, but underneath all of that, the work often felt hollow. In reality, a lot of it seemed to come down to helping companies cut people so they could save money, just dressed up in corporate language.

Aside from government, I have never seen an organization so good at gaslighting. Their rhetoric is incredibly polished. Whoever handles their employer branding is very, very good at making the whole thing sound meaningful, exciting, and prestigious.

But my actual experience was one bad experience after another, including HR involvement. At a certain point, when something is clearly not right for you, life keeps pushing you until you finally leave. That is what it felt like.

What got to me most was how empty everything felt. I remember walking around feeling like I was looking for somebody real. Like, hello? Is anyone actually here? But everyone felt like a polished wax figure version of a person. Nobody was really saying anything. Nobody was really doing anything. I would sit in all hands meetings thinking, are you guys okay? It felt like this strange fraternity where everyone worshipped the same corporate god, and I just did not believe in it.

The work itself was also so general and vague that I never felt like I was building real, transferable skills. That was one of the worst parts. Friends of mine who worked there felt the same way. We would look at job postings elsewhere and think, I cannot actually do most of this. How is that possible after working at a company that is supposedly so respected?

That is what made it feel so trapping.

Somehow the company is revered, but at the same time, I felt less employable the longer I stayed.

https://vm.tiktok.com/ZNRH1EomE/

Does anyone have insight into how this might impact US operations?

Dell had a record breaking 120 BILLION dollar year last year, along with amazing quarters and yet... IBP multiplier was only 126%??? Raises were literally pathetic, promotions are MIA for US employees. Insperity points have been super scarce lately as well.

I love my job simply because it's actually fun, interesting, and easy... along with the fact that I work about 30 hours/week however, I'm failing to see the point in doing anything more than the bare minimum of my job at this point.

resign from your boring Oracle jobs and pack it all up and move yourself to West Virginia and apply to Coal miners' jobs there. Every coal mine is West Virginia is hiring coal miners right now. These jobs pay high wages and offer excellent benefits, and you can work all the overtime you want to work. You get to work with some pretty cool equipment as a coal miner. The only problem is you have to pass a mandatory and random dr-g tests. Let's face the music about that because a lot of you at Oracle, especially Gen Z's aren't going to pass a dr-g test even if you are d-mb enough to try and fake it.

Hawaiian Airlines will eliminate 48 nonunion positions. These job cuts are scheduled for May and June. This marks the fourth round of layoffs since the Alaska Air Group acquisition. A total of 418 employees have been laid off across these rounds. The company is also hiring 800 unionized workers.

https://www.bizjournals.com/pacific/news/2026/03/09/hawaiian-airlines-job-cuts-fourth-round.html

Irving, O'Fallon, Jacksonville and Tampa all have numerous NEWLY posted jobs on the career site posted in late February and March.
Is Citi still hiring despite RIF?

Campbell Soup is reducing its workforce at its Paris plant. 205 of 568 employees will lose their jobs. This change is due to a plant transition. Soup production at the facility ends May 1. The plant will now manufacture Prego Italian sauces and Pace Mexican salsa.

https://easttexasradio.com/campbell-soup-layoffs/

chat are we cooked??

Tennessee's first and only Ikea store will close. The Memphis location is set to shut down in May. This closure will result in 114 layoffs. The store originally opened in 2016. It was the only Ikea in the state.

Memphis, Tennessee

https://dailymemphian.com/article/60601/ikea-memphis-closure-to-result-in-114-layoffs

Global bank Morgan Stanley announced significant job cuts. The cuts impact three percent of its global employees. The company cited changing business priorities and individual job performance. These reductions follow similar moves by other large firms. Layoffs affect investment banking, wealth management, and investment management divisions.

https://uk.finance.yahoo.com/news/huge-layoffs-continue-tech-finance-135217128.html

I am leaving for another position soon. Saw my current role posted for internal applicants listed one grade level lower than my current grade level.
Has anyone else seen this happen before?

Campbell's plans layoffs at its Paris, Texas factory. The company will cut 205 of 568 employees. Soup production will cease on May 1. The facility will now make Prego Italian Sauces and Pace salsa. This transition requires a smaller workforce.

Paris, Texas

https://www.wfaa.com/article/news/local/campbells-soup-factory-layoffs-paris-texas/287-ed71fa56-6a39-49f6-8921-db61b9d06f16

Capital One announced layoffs affecting over 1,100 workers. These cuts are part of integrating Discover with Capital One. The affected roles include 532 at the Riverwoods facility. Another 69 Illinois residents and 538 remote workers are also impacted. This marks the second wave of layoffs since the acquisition last year.

Riverwoods, Illinois

https://www.cbsnews.com/chicago/news/capital-one-layoffs-riverwoods-illinois-discover-headquarters/

There's a job listing for a Head of product owners posted recently. And a few others posted suggest mm is moving away from building fun things and more of "we need someone to police what's going on". With the publicly release financial report of "record breaking earnings" (not how I would title it) the job listing mentions "optimizing cost efficiency". It suggests this person when hired will be expected to achieve "more with less" by using automation to replace manual headcount! Whomever has this role will have to deal with a lot of legacy product owners who don't think they need another person telling them what to do. IYKYK

A South Side rail operator is closing its facility near Rickenbacker International Airport. The company, Cincinnati-based Parsec, is an intermodal railroad transportation contractor. Parsec filed a Worker Adjustment and Retraining Notification (WARN) notice. This closure will eliminate 115 jobs. The affected positions are in central Ohio.

https://www.dispatch.com/story/business/employment/2026/03/04/rail-operation-rickenbacker-close-115-layoffs-parsec/88965960007/

To all past employees of Sears, where do you work know?

Supernal, Hyundai's eVTOL subsidiary, announced significant layoffs. The company cut 296 jobs on February 27. This decision highlights ongoing challenges in the advanced air mobility sector. Supernal is not yet ready to bring its product to market. A small team of 70 to 80 employees remains to maintain essential operations.

https://www.el-balad.com/6866550

Meteor Creative will close its manufacturing facility. This plant is located in Tipp City. The closure will result in 66 employee layoffs. The facility has operated for nearly five decades. This ends its long presence in the community.

https://www.bizjournals.com/dayton/news/2026/03/03/meteor-creative-layoffs-tipp-city-facility-closure.html

Arizona employers announced job reductions for February 2026. At least 80 positions were affected statewide. Most of these cuts occurred in Phoenix retail. Saks & Company submitted the largest filing. This luxury retailer cut 67 jobs at its Camelback Road store.

Phoenix, Arizona

https://www.azcentral.com/story/money/business/jobs/2026/03/03/february-2026-job-layoffs-arizona/88866761007/

Home Depot recently announced significant changes for its corporate workforce. The company eliminated 800 positions, primarily affecting remote employees. Despite these layoffs, Home Depot plans to create 250 new jobs in Cobb County. Corporate workers are now required to return to the office weekly, supported by a child care center expansion and new parking. Company officials assert that Home Depot remains financially sound and is growing.

https://www.mdjonline.com/news/local/home-depot-employees-return-to-office-at-cobb-headquarters-after-layoffs/article_b6317a58-5623-4f02-94b3-834caa4d404b.html

BrewDog's UK brewing operations and 11 pubs were sold for $44 million. Tilray Brands acquired these assets after BrewDog entered administration. The restructuring led to 484 job losses and 38 UK bar closures. Small investors in BrewDog's crowdfunding program will not see a return. Tilray is separately negotiating to acquire BrewDog's U.S. and Australian assets.

Columbus, Ohio

https://www.columbusnavigator.com/brewdog-ownership-changes/

If you think you have what it takes to make it outside Wells Fargo, you best be looking. Latest survey has just over 60% of US companies saying they plan to reduce workforce numbers in 2026.

How do you stay committed to learning why you need to do well in your job when you know you could be surplused at any time — and it can all feel pointless?

Right now in America we have more private equity firms than we have McDonald’s. Let that sink in…. More leveraged buyout shops than fast food franchises. And somehow that is supposed to be normal….

This is the investmnt vehicle of choice for Ivy League nepo babies who want the upside without the liability. They sit on top of a backlog of 31,000 to 39,000 companies they cannot sell because they stuffed them with debt and marked them at fantasy valuations. The funds are supposed to close. The assets are supposed to exit. But the market will not pay what they claim those assets are worth.

So what do they do??

The PE firm itself takes almost no risk. They create a fund. Outside investors supply the capital. They borrow the rest from banks, pensions, and public retirement systems. Then they buy a company and load the debt onto that company’s balance sheet. Not their own. The company owes the money back.

It is like buying a car where you get the title, the resale credit, and the bragging rights, but the car is responsible for making the payments. And while the car is trying to pay for itself, you sell its parking spot, lease out its tires, refinance its mainteance plan, and siphon the cash. Then you add more debt. The car still owes it all.

For years, that game worked because rates were near zero. Over the last two years, rates went up. That adjustable rate debt they stacked on top of these businesses is now costing 14 to 18 percent. In distressed deals, 21 PCT. On billions of dollars.

So the math stopped working……..

Instead of taking the loss, they started doing secondaries. ABC PE cant sell its billion dollar company. XYZ Private Equity cannot sell theirs. So they sell them to each other at the same inflated valuations. They borrow fresh money from pensions and other investors to do it. The first fund gets “liquidity.” The second fund inherits the problem.

The Financial Times has been calling this a pyramid for years. No real price discovery. No true market validation. Just circular trades at numbers they agreed on.

Then even that stopped working. One hundred billion dollars in assets could not be moved in the last two quarters of 2025, even through these internal trades.

So now we get continuation funds.

This is where it goes from financial engineering to parody. ABC Private Equity has a company it cannot sell. The fund must close. So they create Fund 2. They raise new money from new investors. Then Fund 2 buys the same asset from Fund 1 at an even higher valuation. The cash from Fund 2 pays off the investors in Fund 1. The asset never faced the open market. The price is whatever they say it is.

That is not sophisticated. That is a textbook Ponzi dynamic. New money pays off old money. The underlying asset does not justify the valuation. It just gets passed around inside the same firm.

And who is the new money? Public pensions. Retirement accounts. 401k allocations. Teachers, firefighters, municipal workers. People who do not even know their retirement is being used to refinance a debt stack on a company nobody else would buy.

Meanwhile, those companies are being strip mined. Fees. Dividends. Asset sales. Cost cutting. More leverage. All while being valued at numbers the market has already rejected.

There is now 31,000 to 39,000 companies sitting in this pipeline. They need exits. They need buyers. They need cash.

Ponzi structures always collapse the same way. Not with drama at first, but with a liquidity squeeze. Eventually you run out of new money. When that happens, the valuations get marked to reality. And reality is not kind to overleveraged assets paying double digit interest.

Instead of admitting the model is broken, the industry is looking at the biggest pools of capital left and thinking: open the pensions wider. Shift the allocation rules. Expand the mandate. Push more retirement money into private markets.

So rather than let bad bets fail, we socialize the downside.

More private equity firms than McDonald’s. Tens of thousands of companies trapped in debt stacks. One hundred billion dollars that could not even be papered over with internal trades. And the proposed solution is to feed it more pension cash.

If this ends the way Ponzi structures usually end, it will not be the partners in the Hamptons taking the hit.

It will be the retirees.

Six Wisconsin companies filed layoff notices in February. These notices affected a total of 418 workers across the state. Cargill Meat Solutions announced the largest reduction, eliminating 221 jobs. The company will close its Milwaukee meat processing plant by May. Other firms like Ahlstrom Mosinee and TJ Hale also reported significant job cuts.

https://www.jsonline.com/story/money/business/2026/03/02/cargill-fanduel-other-wisconsin-firms-filed-february-layoff-notices/88876843007/

Verizon laid off 1,319 employees in New Jersey. These layoffs took effect on February 20, 2026. They are part of 13,000 worldwide cuts announced in November. Several other large companies also announced New Jersey job reductions. Merck, Bristol Myers Squibb, and Target are among those affected.

https://wpst.com/ixp/385/p/new-jersey-job-cuts/

Hundreds of layoffs are coming to Walgreens. The Deerfield-based company called this a difficult decision. The company aims to simplify its organization and improve service. Reports indicate 469 jobs will be eliminated in Illinois. Another 159 positions will be cut in Texas.

https://www.nbcchicago.com/news/local/deerfield-based-walgreens-to-layoff-hundreds-in-difficult-decision-report/3902007/

First Brands Group is closing its western distribution center. This facility is located in Patterson, California. The closure will affect 98 workers. Layoffs are scheduled for April 4 and April 30. This action follows fraud accusations against the company's founder.

https://ca.news.yahoo.com/98-workers-stanislaus-county-face-020213695.html

Writing my “ambitious” goals this past week had me feeling 1000% unqualified and diminished in my job. Like they are asking us to figure out how to make an 8 day work week.
Which got me thinking, how many medical LOAs do you think the bank will see this year? Mental health reasons? I have to believe this number will rise this year based on the mental health downfall many are feeling from all of the impossible pressure. And if that number does in fact rise, what does it take for someone to take notice and take action? (And I don’t mean internal leadership.) I mean an external intervention. Does anyone watch those sorts of claims against a company?

Atlantic City's cyclical economy is influenced by broader national trends. Companies nationwide are hiring cautiously and restructuring steadily in 2026. Workers should watch for subtle layoff signals like reduced overtime and slower hiring. Maintaining career leverage through updated skills and market awareness is crucial. Developing side income streams can also provide financial insulation.

https://breakingac.com/news/2026/feb/27/layoffs-and-career-leverage-what-atlantic-city-workers-should-know-in-2026/

Amazon's Lancaster facility will transition to a returns-only center. This change affects 544 current employees. However, officials confirm no employee layoffs will occur. Affected workers can transfer to other nearby Amazon locations or remain at the Lancaster site. Severance packages are available for employees choosing to leave the company.

https://www.yahoo.com/news/articles/no-employee-layoffs-coming-lancaster-041356667.html

Maury County will gain new factory employment. This follows significant job reductions. The prior job cuts happened many months ago. These new roles stem from manufacturing investments. The county is receiving new industrial capital.

https://www.wkrn.com/video/manufacturing-investments-in-maury-county-after-layoffs/11563800/

ITC is about to get full, what's the point of even doing anything right now?

ITC crews are absolutely horrible at their jobs, but man are they cheap and desperate. Why do their jobs now so we get the axe next week?

AT&T
Technical Sales Consultant (SME)
AT&T · Bratislava
Added: Feb 7
AT&T
Senior Cyber Security: Remediation and Accelerated Delivery Program
AT&T · Hyderabad
Added: Jan 3
AT&T
Senior Product Designer (UI/UX)
AT&T · Bratislava
Added: Jan 15
AT&T
Scrum Master
AT&T · Bratislava
Added: Jan 20