#layoff

Strong rumors from a couple of leads of an upcoming round of layoffs at the end of the first week of March. Any insights? Any ideas?

Two questions about severance, US based. Assume your current position is being eliminated and you would be normally eligible for a special severance.

1) If you apply for a job, realize you do not want it and get an offer, do you forfeit severance?

2) If you apply for a job, realize you do not want it and withdraw your application before getting an offer, do you forfeit severance?

I think you forfeit it on 1, since an offer was extended, but I am not sure about 2, since no offer was extended.

Just curious.. should I have my stuff in a box ready to walk out anytime? Really hoping to get lucky on 3/3!

I might be out of a job right now, but being let go from that toxic dump was honestly a gift. The culture was so fake and draining. I'd rather struggle financially than ever go back to that atmosphere.

About a year ago, I think. He was randomly chosen by an algorithm. So much for being loyal to this place. Anyhow, I was wondering if anybody knows what happened there? Did he get his job back due to bad press or not? All the major cuts lately made me remember him for some reason.

Macy's announced plans to eliminate 79 jobs across New Jersey. These layoffs will affect employees in fragrance, fine jewelry, and cosmetic sales. Cosmetic beauty merchandisers and brand experts are also impacted by the cuts. This action is part of the company's ongoing restructuring and turnaround program. Macy's is offering severance and transition support to affected staff.

https://www.courierpostonline.com/story/money/business/2026/02/26/macys-layoffs-nj-fragrance-cosmetics-new-jersey-stores-cherry-hill-deptford-mays-landing-mall/88860828007/

All employees receive three 8‑hour holiday days each year. My supervisor advised me to use all three, and mentioned that if I don’t use them, I will lose them. I’m unsure whether she was simply reminding me about the policy or implying something else, such as a possible layoff, by encouraging me to use the remaining holiday hours.

What do you think she was trying to say?

I'm just wondering, in case I'm hit next time. Is it immediate, next pay period, or even later?

Legends Hospitality LLC filed a layoff notice for View Boston. View Boston's restaurants will close on April 21, 2026. This action affects at least 41 employees. The workforce reduction takes effect April 22, 2026. The company plans to expand event space and new offerings.

https://www.wcvb.com/article/view-boston-restaurants-closing-april-21-notice-filed-for-layoffs/70515824

The Oakland Unified School District board approved significant layoffs. Over 400 positions could be affected by this decision. The district faces a large budget deficit. These cuts impact various staff, including counselors and nurses. Layoffs will begin next school year.

https://www.ktvu.com/news/oakland-school-board-approves-400-layoffs

I just heard 2nd hand from top brass that layoffs are coming and very soon. Be prepared.

What's going on today? Security hanging out in work areas. This only happens when people are being let go

For those getting RIF notices this calendar year, I.e. not those notified in Nov last year… how are your severance benefits? I got my update and it’s not the same compared to the Nov benefits. Especially the stock vesting… I didn’t get my stock to continue to vest as per original plans. It’s prorated and that means I lose out on the next two years worth of stock vesting. Discrimination at its best. Please share if you have any updates.

3 layoffs in close to 4 years with more possible depending on the outcome of 2026 registration numbers. Having trouble like other health insurance companies. Steer clear for a while unless you have no choice.

Heard there was a large chunk of users primarily former allina people gutted. Anyone know if it went beyond them?

Why March 3rd?

If your name is picked for layoffs, can you ask if you can get some time to try out applications for other teams ?

I know that FAANG has this policy. Curious if Dell does too.

This might help those who cannot get jobs elsewhere or might not want to relocate.

To the HR and/or legal representatives assigned to monitor this thread...maybe float the idea of an early retirement package option. For example, offer 5 years of age and tenure in exchange for early retirement. I wager you'd get a few takers and thus reduce the burden of another involuntary force reduction.

Good luck

An Albertville, Alabama lumber facility will cease production. This closure affects over sixty employees. Southern Parallel Forest Products Corp. owns the site. Parallel Lumber Group holds ownership. A WARN notice confirmed the plans.

https://www.montgomeryadvertiser.com/story/news/local/alabama/2026/02/25/al-lumber-plant-announces-closure-and-layoffs/88839106007/

Anyone know when the round is coming that James spoke of in the all hands , he said "we still have 150 million to go to right size the company "

Does he mean in fy 26 or fy 27? Will they wait for the new CEO to do it ?

Read an article on our proposed acquisition of Schroders.
https://alternativecreditinvestor.com/2026/02/13/schroders-deal-costs-to-weigh-on-nuveen-profitability-says-moodys/

From the article

Moody’s has downgraded its outlook for both TIAA and Nuveen from ‘stable’ to ‘negative’, citing the anticipated credit impact of the acquisition.

The ratings agency said the TIAA downgrade reflects anticipated weakening of its financial profile, resulting from the high cost to finance the acquisition. This will increase leverage, reduce capital adequacy, and heightens execution and integration risk associated with the transaction, it said.

Moody’s also noted that “despite the complementary nature of the European asset management target and its potential to bolster Nuveen’s market position and earnings diversification, the acquisition lies outside TIAA’s core higher education pension business”, which is another factor in its decision to revise down the outlook.

With all the layoffs and firings, one has to ask whether our EC is competent enough and whether we have the resources to pull this off. It seems risky. This is about to be a big expensive mess.

Is it done for Feb?

Will there be layoffs in 3rd or 4th quarter after RTO attrition and after-bonus retirements? I’m thinking the aforementioned won’t be enough to avoid layoffs.

As we just had layoffs the other day, do we expect to have layoffs in another three months? There’s a rumor of restructuring at the end of may which would coincide with this. Anyone else heard of this?

Read an article that there was 1320 employees laid off this past Friday...is this true?

Healthcaredice.com posted an article about Cigna’s recent announcement of cuts that affects worldwide employees…yeah right. Meanwhile, they’re actively hiring EMPLOYEES in India.

• Cigna plans to lay off roughly 2,000 employees, just under 3% of the company’s workforce, to cut costs by the end of February.

Speak with your Congressional Representative, I have. They will be looking at this. The number of jobs leaving America is egregious. What economic path will our children have?

https://www.healthcaredive.com/news/cigna-layoffs-2000-workers-worldwide/811844/

For those JE, I am sorry… I need to know if the invitation and communication is via Webex or Microsoft teams… We never use teams in my dept and Today the manager added us to a Trams “Notifications”. I am assuming that Layoffs are happening tomorrow so I am wondering if anyone got JE via teams? Thanks and God Bless you all and may all doors open

It’s getting to be that time again. I’ve been hearing rumblings about layoffs coming next month… any news?

Anyone else heard about RIF notifications tomorrow?

This question is for people who got impacted and no longer at VZ. In regards to stock award. I got 2 of the payouts and this week was rolling into the 3rd payout which is actual shares of VZ stock. When does it actually become available? When I log on to view it it says the following

“We currently do not have vesting dates on file for this award. Don't worry, it's nothing you did. Once we receive vesting dates for this award we will make it available to you.”

Any insight will be greatly appreciated.

Hearing rumors of layoffs in S&T next week? Can anyone validate?

Still waiting for mine. Agreement says payment will be made "as soon as practicable" after termination but within 30 days.

I don't suppose I should be surprised if they make us wait the full 30 days...

First Brands Group, LLC is closing two manufacturing facilities in Kansas. This action impacts 211 workers across sites in Emporia and Edgerton. The company previously filed for bankruptcy in fall 2025. Federal prosecutors indicted two brothers for allegedly defrauding lenders. Local Kansas communities are now mobilizing support for affected employees.

https://www.ksn.com/news/business/layoffs-impact-hundreds-of-manufacturing-workers-in-kansas/

Jackson Family Wines closed its Carneros Hill Winery. This action resulted in 13 employee layoffs. The company stated the facility was underutilized. Operations were consolidated due to this. This marks the fourth major California wine company layoff this year.

https://www.sfchronicle.com/food/wine/article/jackson-family-wines-layoffs-21938811.php

I was laid off in November from the Midland office and it's honestly been a blessing in disguise. Fortunately I got hired on a new job very quickly but I do miss the people I worked with. With my new career path its so nice to be fully utilized and not be bottlenecked by discipline engineering and needing the approval of 3 different departments to do something. I forgot how nice it was to not work for a corporation.

Were you able to find new jobs? I was just laid off, and the job market looks daunting. I could really use some positive news.

eBay will be laying off 800 or 6% of its work force. The S#@$

Not a good place to work