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Simon & Schuster Layoffs

Simon & Schuster Implements Additional Layoffs

https://www.publishersweekly.com/pw/by-topic/industry-news/publisher-news/article/99584-more-job-cuts-at-s-s.html

Simon & Schuster announced a new round of job cuts. This follows earlier "limited" staffing changes this week. Approximately 15 employees were affected across adult and children's divisions.

High-profile editors like Eamon Dolan and Colin Harrison were among those let go. These reductions are a response to current market conditions.


Question for those formerly displaced..

If you were previously displaced, did you get your annual bonus? Or do they find a reason not to give it? I had a “meets” rating at midyear before displaced in Oct. so didn’t get an annual review due to the timing. I met the eligibility cut off because I was employed through September 30, 2025. Thank you.

I would prefer not hearing from anybody just speculating, rather people who have been displaced and can speak on experience.


RSUs for Riffed Employees

I have been carefully watching the status of RSUs due to being riffed. I have a screen shot of RSU units and estimated value at that time. The severance FAQ document Q.33 indicates that RSUs granted in 2023, 2024 and 2025 will pay out at their vested rate in 60-90 days after severance.

WARNING: What is not stated .... is that all your RSU's will be frozen at stock value as of 12/19/2025 (last day of employment). Meaning -- what is distributed (arbitrarily and in the last few weeks) is now where near the estimated vested rate per Fidelty in November or December.


Time for a little dose of encouragement :)

I've over doubled my net worth in the past year while working at Xerox.

I'm not here to boast. I'm simply here to say that, despite job instability, you can set goals, improve your life, and grow your finances.

My salary is modest.

Attitude + Aptitude largely sets our Altitude. Toss in Focus and Perseverance and you have the formula for surviving a layoff and prospering well beyond it.

If I can do it on my salary, anyone can. What Steve does or doesn't do doesn't affect me anymore - and, frankly, I couldn't care less. I took from him his power to hurt me.

Anyway, I pray that everyone here has an awesome year. Let's nail our 2026 goals while Xerox sinks.


When I got my invite

It was on a Friday afternoon for Monday.

I had been quiet quitting for a 2 years already so welcomed the payout.

Only gripe I had is it was scheduled for 8am.
I remember pinging my manager "really? we have to do this at 8am???"
no response of course.

Anyways, I am in a much better place now. My only regret was staying as long as I did at Dell (4years). I consider it a stain on my resume.


Anyone let go in december get severence offer yet?

Was let go in early December, told I would get an offer the start of January but after calling HR I was told I was still an employee for Jan and would get the offer mid to late Jan but have still not received any email from them and doubt Ill be getting one tomorrow..Anyone in a similar boat get any new info? Thanks.


How to manage Severance

I am getting 22 weeks of severance and I don’t want to lose it. However I may have the ability to come back and am in interviews next week. My last day is 2-6-26. If I ask this new division to wait until the 7 days after I sign my severance to offer me the job, can I keep the severance? I need to work but don’t want to lose the money.


Any tips on asking to get laid off?

For those who asked to be laid off and got the severance package, can you share how to ask (even though it’s not allowed) and how long it took? Can anyone weigh in on the chances of this happening? Thanks.

Sorry for all the people who were laid off and didn’t want it but hope you’ll find another job which will probably pay better.


Layoffs are coming at Brevard Schools

Layoffs are expected at Brevard Public Schools ahead of the 2026–2027 school year. According to a Jan. 28 letter from Superintendent Mark Rendell, the district plans to cut each department by 7% due to ongoing declines in student enrollment.

https://www.floridatoday.com/story/news/education/2026/01/30/layoffs-headed-for-brevard-schools-due-to-declining-student-enrollment/88413269007/


What is the Battle Damage Assessment (BDA)?

For those who were laid off, condolences. Don't sign anything without examining it carefully or, if you think appropriate, have an attorney review it. For those with long careers, please invoke the Rule of 70 when discussing your severance. It has to do with compensating tenured employees close to retirement age. Whether they honor it or not, it will give them something to consider if it keeps coming up. Be kind to yourselves. When reviewing your resume, make sure that it is in an ATS friendly format, this will make sure that any AI tools being used to filter resumes will see it and forward it for review. Apply for unemployment too. Remember, none of this was your fault. It will continue to happen to those still left on the field. It ain't over.


2 Firestone plants in Gaston County laying off dozens of workers

The notice stated that permanent layoffs are scheduled to take effect on Friday, March 27, and Tuesday, April 28, at the company’s facilities on Firestone Lane in Kings Mountain and South Dalton Street in Gastonia.

https://www.wbtv.com/2026/01/28/2-firestone-plants-gaston-county-laying-off-dozens-workers/


Layoff mastermind

So where did the across the board layoff mandate come from? Was it from Juan? Is the company's financials on a nose dive? If it's company restructuring, who's the visionary of all these? If it's org restructure, why is it that most teams remain as they are but the head count is reduced?


Erie County Medical Center announces hundreds of layoffs

According to ECMC, the layoffs affect "mostly non-clinical areas."

In a statement, ECMC officials blamed Medicaid cuts, inflationary costs and other financial challenges as reasoning for the layoffs.

https://spectrumlocalnews.com/nys/buffalo/news/2026/01/29/erie-county-medical-center-announces-hundreds-of-layoffs


Saks OFF 5th/Last Call by Neiman Marcus Store Closing List as of Thursday, January 29th, 2026

Links: https://filecache.investorroom.com/mr5ir_saksglobal/1210/Saks_OFF_5TH_and_Last_Call_Store_Footprint.pdf

https://www.prnewswire.com/news-releases/saks-global-sharpens-focus-on-luxury-retail-and-full-price-selling-302674428.html

Link to the video: https://www.youtube.com/watch?v=PkdAhcsd0eA


Pearson Vue is not the same

I was a former employee of 35 years at Pearson Vue. I too was let go on the 12th. I gave all my loyal and dedication to this company for a lot of time. I was mortified when I found out that my job had been eliminated due to it being outsourced to India. This will fail as everything else will fail because everybody is just a $to them. This is not the company that I show loyalty to for all the years so I’m OK with leaving as I did knowing that I put my best effort forward. They let a lot of good people that dedicated all their time to helping Pearson be what it is today. So sad. They were so sneaky about how they did the layoffs. Some people still don’t know the total number of employees who were let go. Most of the people who I am aware of were here 15 plus years.