#layoff

Nothing will change with layoffs and outsourcing to low cost/low skill sites unless…

1. Stock price suffers
2. Government intervention
3. Major incident, eg. Valdez, Texas City ….

Don’t expect anything more from our selfish, self gratifying leadership.

Oct01 4am UTC - Oct02 4am UTC totals: 241 layoffs, 44 additions.
Methodology and day-by-day breakdown is in comments.
Few next days will be added in comments as they pass, to avoid starting new threads.

Myself and a bunch of other people got laid off in the health area at Allstate.

https://www.adn.com/business-economy/energy/2025/10/01/conocophillips-sends-layoff-notifications-to-some-north-slope-workers-part-of-global-reduction/

SafeSource Direct, a PPE manufacturer based in Broussard, Louisiana, has announced an additional 150 layoffs, bringing the total number of jobs cut to nearly 700. The latest decision follows last month’s announcement that 541 employees would be laid off as the company prepares to suspend operations.

Founded during the pandemic and once highlighted for its local production under the “Made in Acadiana” initiative, SafeSource Direct has attributed its shutdown to poor market conditions. The announcement came just a day after employees rallied in hopes of saving the facility.

With operations winding down, the layoffs mark a major loss for the Broussard community, where SafeSource had once been seen as a symbol of local resilience during COVID-19.

Northwest Farm Management (NWFM), based in Washington state, was mistakenly reported to be permanently laying off nearly 300 workers, sparking confusion in the agriculture community. CEO and co-founder Keith Veselka clarified that the notice was due to a new state law requiring layoff notifications, not a permanent reduction.

Veselka explained the jobs are seasonal, tied to apple harvests that end in November. Once the fruit is gone, contracts conclude, and hiring begins again the following year.

He stressed that nothing has changed in NWFM’s operations and that the company will continue its regular seasonal employment cycle.

Sutro Biopharma, based in South San Francisco, is cutting a third of its workforce in its second round of layoffs this year. The antibody-dr-g conjugate (ADC) biotech had already halved its headcount in March when it deprioritized luveltamab tazevibulin, an experimental treatment for ovarian and lung cancers, as well as a leukemia program.

The latest layoffs follow Ipsen’s decision to exit an $875 million partnership for Sutro’s ROR1-directed ADC, leaving the company to focus on pipeline programs like STRO-004, a Tissue Factor-targeting exatecan ADC expected to enter the clinic later in 2025. Sutro is also advancing two preclinical ADCs, including an integrin beta-6 candidate, with plans to move one into trials by 2027.

CEO Jane Chung, who replaced longtime leader Bill Newell in March, said the restructuring will extend Sutro’s financial runway into mid-2027, supporting early clinical milestones. The company ended June with $205.1 million in cash on hand.

September brought a wave of executive hires, promotions, exits, and layoffs across the healthcare industry, with major names like Medtronic, Amgen, and Kaiser Permanente making leadership changes, while organizations such as Novo Nordisk and Seattle Children’s cut jobs.

Hires:

• Amgen appointed Shannon Turley as vice president of research and co-head of research biology, following her tenure at Genentech.
• enGene named Hussein Sweiti as chief medical officer, bringing experience from Astellas Pharma, where he led commercial gene therapy efforts.
• IKS Health hired Ajai Sehgal as chief AI officer. He previously served as chief data and analytics officer at Mayo Clinic.
• Kaiser Permanente brought on Craig Albanese, former CEO of Duke University Health System, as president of integrated care and coverage. His past leadership experience includes roles at NewYork-Presbyterian, Stanford Children’s Health, and UCSF Health.
• Medtronic named Adam Arthur chief medical officer of its neurovascular business. He was previously chair of neurosurgery at the University of Tennessee Health Science Center.
• Penguin Ai appointed Mark Caron as chief strategy officer. Caron has held leadership positions at Capital BlueCross, Optum Health, Blue Cross Blue Shield of Wisconsin, Blue Cross Blue Shield of Massachusetts, and CHI Health.
• Spring Fertility hired Mike Michetti as CEO and Stacey Payne as chief people officer. Michetti previously held roles at Marathon Health, Highmark Health, Allegheny Health Network, Cleveland Clinic, and Mercy. Payne’s past executive experience includes Sweetgreen, SoulCycle, and Daily Harvest.

Promotions:

• Komodo Health promoted Miles Ennis to COO, following his tenure as chief revenue officer.
• Magellan Health named Steven Pratt chief medical officer, building on his long career at the company since 2007.
• Temple Health promoted Abhi Rastogi to COO and John Ryan to chief administrative officer. Ryan previously served as general counsel at Dana-Farber Cancer Institute.

Exits:

• Ochsner Health COO Mike Hulefeld will step down at the end of 2025 after 27 years. Timothy Riddell, another longtime leader, will succeed him.
• Providence Chief Transformation Officer Sara Vaezy is leaving after nearly a decade with the organization.

Layoffs:

• Memorial Sloan Kettering Cancer Center is cutting fewer than 2 percent of its workforce, citing rising costs for dr-gs, labor, and supplies.
• Novo Nordisk announced it will reduce its workforce by 11 percent, or about 9,000 jobs, as competition intensifies for its GLP-1 dr-gs Ozempic and Wegovy.
• Seattle Children’s will lay off 154 employees, primarily in administrative roles, due to cuts in federal and state funding.

This mix of leadership reshuffling and workforce reductions shows a sector in flux, as health systems and life sciences companies balance growth, innovation, and financial pressure.

United BioSource (UBC), a Pennsylvania-based health care technology services company, is laying off 123 employees tied to its Overland Park, Kansas, offices. The cuts include both on-site and remote workers in Kansas and Missouri.

The layoffs are scheduled to take effect around November 26, 2025, according to a notice filed with state officials. UBC has not yet commented publicly on the decision.

The company provides technology and services that support pharmaceutical and biotech companies, particularly in dr-g development and patient support programs.

Bloomberg Radio has carried out a round of layoffs that included several high-profile departures. Among those leaving is Michael Lysak, the company’s head of global radio and TV syndication. Also cut were Nancy Lyons, an afternoon business anchor with prior experience at NPR, AP Radio Network, and CBS Radio, and Jeff Bellinger, a longtime business journalist who previously worked at CNBC, ABC, and The Wall Street Journal.

Additionally, Tracy Johnke, who joined Bloomberg Radio in 2015 after working at CBS Radio and WTOP in Washington, D.C., is departing after a decade with the company.

The layoffs reflect broader changes within Bloomberg’s media operations, though the company has not disclosed the total number of employees affected.

Prudential Financial is laying off 63 employees in New Jersey between November 16 and December 16, 2025, according to a state filing. The company said the cuts are part of ongoing restructuring to align its workforce with strategy and maintain competitiveness, though it did not specify which positions will be affected.

This follows several earlier rounds of layoffs. In July 2025, Prudential announced 57 job cuts, and in 2024 it eliminated 637 positions across four separate rounds, including a single reduction of 238 jobs in September of that year.

The layoffs come despite Prudential’s stock rising 6 percent in September 2025, fueled by stronger-than-expected sales and capital returns. However, the company reported weaker earnings, with Q2 net income falling to $533 million from $1.2 billion the year prior and posting $516 million in realized investment losses.

Prudential also recently elected Joseph Wolk, CFO of Johnson & Johnson, to its board of directors as an independent member, effective September 30.

Prairie Public Television has laid off 12 staff members as it begins its new fiscal year, cutting seven employees and eliminating five open positions, which amounts to about 18 percent of its workforce.

CEO John Harris said the move was necessary after Prairie Public lost about $2 million in annual revenue following federal funding cuts and reductions in the state budget. This amounted to a 25 percent decline in revenue.

Despite the cuts, Harris emphasized the organization’s commitment to keeping all transmitters online and continuing to serve North Dakota communities with the resources available.

More layoffs before the holidays then a merger or acquisition on the horizon. Goldman Sachs likely. The reduction in cost, the outsourcing, the reorganization. It makes sense and I’d bet money on it.

Hazel Health, a San Francisco-based pediatric behavioral health provider, has laid off about 11 percent of its staff. The company partners with schools in nearly 20 states to deliver virtual therapy for students and said the layoffs are part of a restructuring to support long-term growth while integrating AI and automation tools.

The company emphasized that no clinicians were affected by the cuts. Hazel said the move will help it maintain efficient and sustainable care delivery as it continues expanding services for students, families, and schools.

Hazel Health has pursued high-profile partnerships in recent years, including a 2023 deal with Los Angeles County to expand behavioral health services for 1.3 million children and a 2024 partnership with UnitedHealthcare to help cover the cost of school-based mental health programs. The company has also attracted significant investment, raising $51.5 million in 2022 and another $34.5 million earlier in 2025.

• Massachusetts Biotech Layoffs Surge in Q3, 1,800 Jobs Lost Across 27 Companies

The Massachusetts biotech sector is facing its steepest round of job cuts in more than a year, with 27 companies eliminating a combined 1,800 jobs during the third quarter of 2025, according to the Boston Business Journal. This marks the highest quarterly loss of biotech positions since the second quarter of 2024, underscoring ongoing financial and market pressures within the industry.

The layoffs span a wide range of organizations, from major pharmaceutical employers to smaller research-driven startups. Companies that reduced staff include IO Biotech, KALA Bio, Sutro Biopharma, Biogen, Heidelberg Pharma, Rome Therapeutics, Seres Therapeutics, Arvinas, Novo Nordisk, Bristol Myers Squibb, Arsenal Biosciences, X4 Pharmaceuticals, and Innate Pharma. Collectively, the cuts affected roles across dr-g development, research, operations, and administrative functions.

Industry analysts point to a combination of factors driving the reductions: slowing deal activity, tighter funding conditions for emerging companies, and strategic pipeline shifts among larger pharmaceutical players. Some firms cited the need to focus resources on late-stage programs or more commercially promising therapies, while others faced direct setbacks such as failed trials or lost partnerships.

Despite the downturn, Massachusetts remains one of the nation’s most active biotech hubs, with billions of dollars in venture investment and ongoing expansion projects. However, the rising tally of layoffs has raised concerns about the sustainability of growth in the sector. Industry observers note that while some displaced workers may find opportunities in better-funded or expanding biotech firms, the wave of cuts highlights an increasingly challenging environment for both startups and established players.

NASA Watch reports that the threat of actual federal layoffs is rising during the ongoing government shutdown, adding to furloughs already in effect. NASA headquarters has contingency plans for such layoffs, but with the agency’s public affairs office on furlough, official communication is limited.

The report cites several developments: the Congressional Budget Office warning of imminent layoffs, a budget director telling Republicans that federal job cuts are days away, claims that directives to fire workers during a shutdown may be illegal, and agencies like the Patent Office already laying off staff.

The White House and Office of Management and Budget have reportedly issued strict warnings to agencies against sharing shutdown-related details publicly.

Pack Health, a Birmingham-based digital health coaching company owned by Quest Diagnostics, is shutting down by the end of 2025 and cutting 98 jobs. The company cited slower-than-expected market adoption and the loss of a major customer as reasons for the closure.

Employees were notified this week, with some departing immediately. Quest said it will provide support to affected staff.

Pack Health was once considered one of Birmingham’s startup success stories, announcing a $5 million headquarters expansion in 2023 that promised 200 new jobs and significant economic impact. Its closure contributes to a rising trend of layoffs in Alabama, with more than 3,200 workers affected by mass layoffs and closures in the state so far this year.

https://www.freep.com/story/money/cars/general-motors/2025/10/01/gm-layoffs-fairfax-assembly-plant-kansas/86459655007/

Anyone aware of upcoming layoffs at gas utility? It's the season and we are integrating 3 new utilities.

Wow. After seeing all the layoffs over the years, you’d think I’d have been prepped for this. But no. Over a decade of working 80 hour weeks at times, late nights, weekends during Q-end. Missing weddings, events, time with family. To having my literal career here be laid off in a 5 minute phone call—and a rushed and cold one at that—is mind blowing. Less than a few mins after the call, my laptop was shut down, everything disconnected. The conversation was clearly scripted and completely impersonal. To tell someone they’re losing a job they’ve held for so long, they’re losing their pay and benefits in 14 days and show no compassion or empathy is just wild. What’s worse? Even my own direct manager had no idea. Talk about lack of transparency. Zero appreciation. Everyone is a number here at this company.

RIF impacting North America-California. Unclear on other Global Regions.

https://www.wsoctv.com/news/local/shelby-plant-closure-result-102-layoffs/3KPSWVHUW5DFLKFXR727ZSQ4EM/

Several managers and ICs let go in the SC org couple of days ago. They are doubling down on their SC 2.0 agenda and pushing out anyone who doesn’t fall in line. Feels more like ego than strategy. Morale is sinking, and they’re going to lose a lot more people if this keeps up.

My wife got laid off last month after eight years, we’ve got three kids, and if EM hits me with a layoff too, we’re done. I just want to keep my head down, work, and support my family but that seems impossible right now.

https://www.theregister.com/2025/09/08/red_hatters_to_be_big/

Has anyone witnessed any evidence of the layoffs?

https://www.gamedeveloper.com/business/avalanche-confirms-layoffs-and-studio-closure-after-halting-contraband-development

Avalanche didn't mention Contraband or Microsoft when announcing its restructuring plan. The company simply stated it has been impacted by "challenges to our business and the industry."

wow, after a long and fruitful career at Wells Fargo, just got told, "thanks but not thanks!"
Can you believe it? In an major market but guess what, I don't think they liked me much. Perhaps I had a strange accent on calls. Perhaps I was too professional with my background and achievements! Perhaps I was disabled! Who knows! At the end of the day, I was told, "you are no longer needed". But I have to say, they are hiring new personnel at much higher rates than me! So how does that work? I say this, you'd better kowtow and bend the knee for those above you. They know all. Even if their certifications are old and yours are better! Wells Fargo seemingly wants to do whatever they want to do. Employment laws? LOLOLOLOL

Heard some folks are getting whacked starting tomorrow.

Ceremonies have started..

Barnhart layoff update…pls post which department(s) were affected.

Probably multiple locations and sectors including technology may be impacted not just HCOL

Yesterday, September 29, Sally Beauty Holdings laid off its entire in-house creative team in an effort to save overhead costs. They will instead be outsourcing labor to save money and align with competitors. This hits right before Q1, and right as the company moves into a new headquarters aimed at increasing collaboration and productivity.

HR accidentally sent me a layoff notice and try to retracting it they already went to my cell phone. It happens the end of this week and I'm calling in sick with all my sick time and using FMLA.

If one were to ask to be put on the “list” how long do you think it would take from the ask to the axe?

Was just laid off after over 4 years of working there. Can’t say it was unexpected since people seem to be randomly let go (people hitting quotas, high performers, average) and others that don’t seem to pull their own weight still there. Maybe they’re connected

Over the years I've read many posts on here stating that layoff notices go out the same day as the layoff conversation.

Sometimes people continue lurking on this board after they've been laid off. Has anyone been laid off and gotten the notice the day before?

Some 2,000 workers will be laid off when GM cuts a shift at its Oshawa plant in January.

https://www.cbc.ca/news/canada/toronto/impending-gm-oshawa-cuts-unemployment-1.7640394