#layoff

These people keep getting spared every layoff and they're the ones at the water cooler, long overdue for retirement. They are good at showing up on time in a crisply ironed shirt with a positive attitude, much like the old IBMers. But as far as carrying the load when half the team gets axed (strictly according to their manager's own specific preferences and prejudices), the work output won't scale accordingly. They have one speed. The speed of every telephone company. Because every telephone company is comprised of them.

Looks like they’ve done it again… kicking hard working people out :(

Has anyone who was let go in February had success in finding new work? If so, do you have any pointers or resources you found useful?

Trying not to get discouraged but it’s feeling impossible in this market

At the very least, let's hope this round doesn't drag out.

I'm so sorry for everyone already affected, especially those who badly needed to keep the job.

Don't doubt yourself. And never let any corporation make you question your professional worth or what you've achieved.

Anyone else hope they get laid off at this point? Everything su-ks here!

this MF landed a package on the backs of Dell employees. He should be fired

I was impacted from the last layoffs, never been on unemployment before, how do you file, do you file and add severance package and PTO or do you not include that info reading online you don’t have to add that info in. I know it would not kick in till the 2 month being on the payroll .

Does the manager need to be in the off ice when they setup zoom calls with their team members to let them go? Was this covered in the training this AM?

Are you all hearing anything about layoffs on the trading floor? I hope all the girls with the nice feet don’t get cut.

When recently getting told I would likely be laid off later this year, I conveyed to my manager that I was smiling and happy. They told me the last time they had to give that speech the person was elated as well.

Speaks volumes about the work culture Charlie Scharf has created.

Sorry but to me it feels like this emergency test is also to make sure we have a personal email so when they lay us off they can just send the documents or communication there. I went in and there is no way to remove it. Maybe I’m extremely paranoid but hey that would be this organizations fault to begin with.

I've heard there will be 1% layoffs with most groups exempt

Anyone hear any different ?

Anyone know if there are layoffs coming ?

So the way script goes is,

It has been strategically decided that your position is being eliminated with broader interest towards shift in technology and geo political landscape.

the decision does not reflect your ability to fully function as an associate and the decision is strictly driven based on parameters beyond the control of global market shift.

You will be notified separately on how your shares, 401k will be vested.

We thank you for your contribution and all the best in your journey .

Because the other one got bumped down pretty far.

Centralized space for updates as they are released this week.

Firsthand information only
Include OU and location
No political content
Maintain a respectful and constructive tone - this is stressful for all

I heard bv is exiting Chile with all employees there laid off. Is this true?

I got terminated from my job after 7 years. It wasn’t easy to accept especially knowing I was one of the top earners on my team. Last year my performance slipped, and looking back, I could feel something was off. I started to realize I was being pushed out.

But here’s the thing sometimes what feels like a setback is actually a reset.

At the start of this year, I shifted my focus fully into the stock market. I had been learning and investing for almost 6 years, but never gave it 100%. Now I am and I genuinely love it. For the first time, I feel like I’m building something for myself, not just working for someone else.

I’m also starting to move into rental properties, creating another path for income and independence. I don’t know exactly where this road will lead, but I know I’m no longer standing still.

I’m sharing this because conversations like these helped me prepare mentally. If you still have a job, stay sharp and keep growing. If you feel like something isn’t right at work, don’t ignore it prepare yourself. Build skills, save money, create options.

Don’t wait until you’re forced to move -move before that.

Sometimes you don’t realize your strength until you’re pushed into the unknown.

Good luck to everyone on their journey.

Bed Bath & Beyond Inc. finalized its acquisition of Kirkland's Inc. in April. Kirkland's Inc. was previously known as The Brand House Collective Inc. A layoff notice was recently filed with the state of Tennessee. The notice describes a permanent closure of the Brentwood office. This office had served as Kirkland's headquarters.

Brentwood, Tennessee

https://www.bizjournals.com/nashville/news/2026/05/05/bed-bath-beyond-kirkland-brand-house.html

Muhlenberg College faces job losses due to a $10 million budget deficit. The American Association of University Professors (AAUP) confirmed the impending layoffs. AAUP noted faculty typically receive a year's notice, unlike staff. Historically, staff were given hours to vacate offices and escorted off campus. The union advocates for 90 days' notice, salary, and benefits for all laid-off staff.

Allentown, Pa.

https://www.wfmz.com/news/area/lehighvalley/lehigh-county/allentown-area/muhlenberg-s-10-million-budget-deficit-could-lead-to-layoffs-faculty-union-says/article_1263fae8-73aa-4371-8332-643f42df89f9.html

Maersk will close its Lakewood facility. This closure is effective June 30. The action affects 44 workers at the Lakewood site. Five additional layoffs are planned at its Sumner location. Maersk is a Denmark-based company.

Lakewood, Washington

https://www.thenewstribune.com/news/local/article315650189.html

Henkel US Operations Corporation announced the closure of its Oak Creek facility. This action will result in 57 layoffs. The company plans to halt all operations by the end of September 2026. The facility's permanent closure is scheduled for February 2027. The initial layoffs are set to occur around June 30, 2026.

Oak Creek, Wisconsin

https://www.wearegreenbay.com/news/local-news/chemical-consumer-goods-facility-in-wisconsin-shutting-down-57-layoffs-ahead/

Coinbase is laying off 14% of its workforce. This amounts to approximately 700 workers. The company is shifting efforts toward artificial intelligence. CEO Brian Armstrong cited a volatile crypto market and cost-cutting needs. Restructuring efforts will cost $50 million to $60 million.

San Francisco, California

https://www.sfgate.com/tech/article/coinbase-layoffs-2026-sf-22242957.php

The Camden School District laid off around 100 employees recently. Students, staff, and community members strongly opposed these job cuts. District officials stated the changes are part of a restructuring effort. They aim to eliminate some positions while creating new ones. Affected staff are encouraged to apply for the upcoming roles.

Camden

https://www.nbcphiladelphia.com/news/local/we-are-down-to-the-bone-camden-layoffs-faces-backlash-from-students-staff/4397537/?amp=1

Gilead Sciences is laying off 108 employees from Arcellx's Redwood City site. This action follows Gilead's recent $7.8 billion acquisition of CAR-T biotech Arcellx. The job cuts are part of the integration process after the buyout closed. Affected employees have been notified of the decision. The layoffs are scheduled to begin at the end of June.

Redwood City, CA

https://www.fiercebiotech.com/biotech/after-arcellx-buyout-close-gilead-trims-108-jobs-car-t-biotechs-redwood-city-outpost

ThyssenKrupp will lay off 110 employees. The job reductions affect its Greer, South Carolina facility. These layoffs are planned for completion by July 5. The S.C. Department of Employment and Workforce reported the cuts. ThyssenKrupp operates as a warehouse and logistics company.

Greer, South Carolina

https://www.postandcourier.com/spartanburg/business/spartanburg-greer-thyssenkrupp-layoff-warehouse-logistics/article_d6cac181-7301-4e83-892e-8dbbc8a39078.html

I had 15 years with the company but my department decided to lay me off instead someone that’s been there 2 years. That’s not fair at all. I trained people, was always on time, worked weekends and overtime while being salaried, all that dedication and this is the thanks I get. I’m very hurt and disappointed in UHC. They have no loyalty at all! I will never work for them again good riddance!!

Fcat Team is leveling up! Time for Fcat folks to snag some sweet gigs, internal or external. Get ready to shine!

Is it true that they will lay
off less than 30 people? Is this the total number or the number for each legal entity? End of May is when people will need to leave or when they'll be notified?

New managers have gotten to know team members by now. Do you think they are working on deciding who stays and who goes in second wave?

Lions Services Inc. is laying off 107 people by July 1. The nonprofit textile manufacturer is headquartered in Charlotte. This decision follows the completion of a contract. No comparable replacement work was found. Most affected workers are machine operators and assemblers.

Charlotte, NC

https://www.charlotteobserver.com/news/business/article315639501.html

Constellation Brands is closing its Quarry Lake Winery. This facility is located south of Sonoma. Seven workers face job loss on June 25. The closure is part of wider industry trends. Decreased demand drives these market adjustments.

Sonoma, California

https://www.pressdemocrat.com/2026/05/05/constellation-brands-to-close-former-ravenswood-winery-in-sonoma-layoffs-planned/