#layoff

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401k match

Public service announcement - if you were laid off in 2025, you should still receive the company 401k match. It was contributed to accounts on March 13, 2026. Check your 401k accounts to confirm. Also, if you were contributing to the Citi company stock fund through the 401k, you should still be able to vote for shareholder resolutions related to the annual stockholder meeting held during the 2nd quarter, so keep an eye out for that proxy communication.


First Brands Group Closes Cleveland Office, 110 Jobs Eliminated

First Brands Group will close its Cleveland corporate office. This closure will result in 110 job terminations. Most layoffs, affecting 105 employees, are scheduled for April 30, 2026. An additional five employees will be laid off on June 30, 2026. The company cited Chapter 11 bankruptcy proceedings and financial distress as reasons. Efforts to secure funding or a sale were unsuccessful.

https://countryherald.com/news/cleveland-ohio-110-layoffs-as-first-brands-closes-public-square-hq-in-april/


ASML Job Cuts Delayed, Workers Remain Uncertain

Dutch semiconductor equipment maker ASML announced layoff plans. The company intended to cut 1,700 management positions. This reduction impacts about 4% of its global workforce. Technical and IT departments were the primary targets. Seven weeks later, the process for affected employees remains unresolved.

https://www.digitimes.com/news/a20260316PD235/asml-dutch-layoffs-equipment-2026.html


Ultium Cells Delays Worker Return Amid Soft EV Market

The return to work for laid-off Ultium Cells employees may be delayed. A union representative stated this information. Hundreds of hourly workers were laid off in January. Their scheduled return was within the first two weeks of June. Low electric vehicle demand could extend their layoff period.

Lordstown

https://www.wfmj.com/story/53480548/laidoff-ultium-cells-workers-return-to-work-could-be-delayed-due-to-low-demand?clienttype=mobile


CNBC Select Offers Financial Preparation Tips for Layoffs

U.S. employers announced a significant increase in layoffs recently. This trend highlights the importance of financial preparedness for workers. Experts recommend creating an emergency budget and building savings. Negotiating severance packages and understanding tax implications is also crucial. Workers should prioritize emergency funds over credit cards or retirement withdrawals.

https://www.cnbc.com/select/4-resources-to-help-you-feel-financially-prepared-for-layoffs/


3 pets, 7 team members or Thinking in Thrive Boxes for Simpletons

How will my manager manage?

She has 3 pets, 2 performers, 2 under performers.

How will she fit them in the corporate Thrive boxes? With only $16,485.38 cents for raises, 2 of the pets are going to be punished by being forced into the performer box.

I do not see this working out well for my teammates. Feels like more undocumented RIF actions than NetApp's move important asset.

WDGSTIF? Who Did George Steal This Idea From? Oh, well his twin brother of course.


Major Job Cuts Hit New Jersey Workers

New Jersey employers announced nearly 4,000 job cuts in the first two months of 2026. Amazon alone expects to cut over 800 jobs across several New Jersey counties. JPMorgan Chase and Citibank also filed notices impacting hundreds of banking positions. Bristol Myers Squibb and health insurers like Blue Cross Blue Shield will also reduce staff. An economics professor views these figures as small relative to the state's overall economy.

https://www.nj.com/news/2026/03/as-thousands-face-layoffs-in-nj-these-are-the-jobs-that-are-going-away.html


Do Visa workers ever get laid off?

I've been through a few layoff cycles and I don't remember ever once an employee on a H1B visa or any other work visa getting let go. H1B visa holders are considered temporary workers. Why are full time employees let go before temporary employees? Soon all of Nike will be visa workers. The American dream is for everyone except Americans.


Meta laying off 20% of workforce

Working in tech is such a reliable way to plan to raise a family, with long-term employment stability.

https://www.reuters.com/business/world-at-work/meta-planning-sweeping-layoffs-ai-costs-mount-2026-03-14/

NEW YORK/SAN FRANCISCO, March 13 (Reuters) - Meta (META.O), opens new tab is planning sweeping layoffs that could affect 20% or more of the company, three sources familiar with the matter told Reuters, as ‌Meta seeks to offset costly artificial intelligence infrastructure bets and prepare for greater efficiency brought about by AI-assisted workers.


Corporate Riffs Again?

Last year during March 19th they had layoffs of corporate employees, tech was hit the hardest. That was due to a series of decisions they made during a leadership offsite. Similar pattern this year (late Feb) they had a leadership offsite. From what I had exposure to they are finalizing headcount and growth, but also eliminating anything that isn't a priority for 2026/2027 (even if it's needed to manage Wayfair ops and technology). This all depends on how well your L6/L7 told your STO story.

Something is coming but I not sure about the scale or when. This could be a series of small restructures or a wider riff. I suspect March 16 to 30th we'll hear something. Please share anything you know to support your peers.


Layoff rumors????

Been seeing a lot of comments on earlier posts about rumors of layoffs. Was wondering if there is a similar pattern between now and the last significant layoff in 2023? Just want to be prepared and not caught off guard. Thanks! (Apparently PNC didn’t file warn notice for that round)