#layoff

I heard a rumor that there will be layoffs on July 15th, and then more on August 15th? Has anyone heard about this? Not sure if it's even true, or what departments.

Q2 earnings reports are expected to be on July 30th, so the July 15 layoffs would be ahead of that call. I overheard this information before the reports that the EU approval for the WBD acquisition is July 7th.

Are there any layoffs this week for wellmed. We are locked out the computer and cannot get any answers

Prudential Financial is laying off 53 employees on July 17. This action is part of ongoing restructuring under CEO Andrew Sullivan. The company has issued several layoff notices since July 2025. The company aims to strengthen its business for long-term growth despite issues in its Japan affiliate. The Japan affiliate's new sales suspension extends through late 2026.

Newark, New Jersey

https://insurancenewsnet.com/innarticle/prudential-announces-more-layoffs-as-insurer-continues-to-restructure

The University of Maryland, College Park, laid off 84 employees. School officials cited increased energy costs and reduced federal funding. The university also lost $104 million over the past three years. A union representing employees called the decision unacceptable. No further layoffs are currently anticipated by the university.

College Park, Maryland

https://marylandmatters.org/2026/06/04/umd-lays-off-84-employees-amongst-period-of-uncertainty/

Maverick Gaming plans employee layoffs. These layoffs affect three company casinos. Mountlake Terrace's Crazy Moose casino is affected. Its operations are in western Washington. A state notification confirmed the job cuts.

Mountlake Terrace, Washington

https://www.edmondsbeacon.com/stories/fff,179554

Virginia experienced a notable rise in job losses during early 2026. Statewide, 4,838 layoffs were announced by May 31. This marks a 29 percent increase over the same period in 2025. Ideal US Talent Worker OpCo reported the largest single layoff, affecting 776 workers. Staffing, distribution, and manufacturing sectors experienced many of these job cuts.

Virginia

https://patch.com/virginia/across-va/va-layoffs-spike-2026-store-closures-job-cuts-hit

FedEx plans to close a facility in Phoenix. Approximately 100 employees will be laid off. A WARN notice was issued on June 2. The facility is expected to shut down in early August. This move is part of FedEx's "Network 2.0" operational improvements.

Phoenix, Arizona

https://www.12news.com/article/news/local/arizona/fedex-announces-100-layoffs-closing-down-phoenix-facility-arizona/75-4f760ec2-4e7b-4f4e-a135-5e17c40f6633

First, I wasn't surprised by my LR nor am I bitter. We all know Cisco is a cost-manager first and foremost, and there is still so much that can (and will) be cut from Cisco (and every other large tech co).

I actually applied to some internal roles, mostly for yucks. One HR screen for an SRE position but it was clear they really just wanted someone cheap and low-skill. Hard to get excited about anything internal when you know how Cisco is run.

Otherwise it is quite brutal out there. The traditional job search (resume, apply, interview, offer) is completely over-saturated and time-consuming. I don't think Cisco on my resume is seen as good or bad...it is a name people have heard of but doesn't impress like a FAANG. So you can't expect to get a pass based on your experience.

Interview prep and tech screens are much more absurdly difficult than anytime I can remember. I feel like I am cramming for the SAT. Problem is, every day I spend prepping is another day lost to other things I could be doing. The opportunity cost feels high.

On top of all of this, I have noticed an undeniable trend - declining published salaries ranges.

Companies know this is a buyer's market and are flipping the table on candidates.

I feel really bad for candidates who need $$$ to pay bills ASAP. I wonder how many will just drop out of tech.

As for me, I am going to be an entrepreneur out of necessity. I feel like I am in a su---r's game and I am just wasting week after week chasing what shouldn't be an impossible dream - a moderately decent job in my field - but it is what it is.

So grateful for those who are sharing information about upcoming layoffs and potential dates, etc.. At the very least, it gives employees a chance to be prepared. Living with the unexpected has become normalized. Executive leadership does not care how this affects productivity and morale. With a stock price that closed at $40.88, you would think that they would lean in hard to any advantage, like, you know, talented staff whose favor had been curried by their support. Question: thought that TPO had been laid off, but for Bob. He sure must be busy these days.

Layoffs are slowing down. The focus may now shift toward recruitment, with hiring expected to increase from July.

It seems like a lot of people got news they’d be laid off today. Does anyone know how many as of this point? Looks like these next couple weeks will be pretty bloody.

I've now heard from multiple people that the next layoff is planned for July 16th. Does anyone know what areas of the company are targeted? Is it more geared towards the retail stores? I am in FinOps and planning on submitting my two weeks notice later this month. Should I hold off? Do they really give any weight to people volunteering for the RIF? Thanks in advance.

Monumental Sports & Entertainment recently laid off staff. Approximately 30 employees were affected by these cuts. This number is less than four percent of the total workforce. The organization employs around 1,000 workers. Management attributed the layoffs to redundancy and duplicated work.

Washington, D.C.

https://www.bizjournals.com/washington/news/2026/06/03/monumental-sports-staff-layoffs-wizards-capitals.html

Siemens Management Call Today discussed massive layoffs coming through 2027 upwards of 20,000 employees globally. Massive restructuring underway for all business segments through 2028. Divestment of many areas due to AI adaptation and automation.

A trucking company in Wisconsin Rapids announced mass layoffs. Employees received notification of the job cuts.

Wisconsin Rapids, Wisconsin

https://www.wsaw.com/video/2026/06/03/wisconsin-rapids-trucking-company-notifies-employees-mass-layoffs/

That's the official termination date for people cut back in March. So is this a mix-up, or is another round really coming that soon? More layoffs are inevitable, I just want to know if another bloodbath is right around the corner.

5ish people let go on a team of just over 50. Our department had lost multiple managed services customers since January with no new clients coming in the door. It seems that the staff losses which started in Professional Services at the end of last year are now accelerating. Client churn had always been higher than other MSPs and has only gotten worse since moving to an offshore-first service delivery strategy.

We are always told that we are the safest, but any chance Case would be impacted with RIFs/Layoff?

Since I was notified that my last day is June 5th, I have not been contacted by anyone. My immediate supervisor has not been contacted by anyone. He has never been told by anyone that I have been laid off. I find this to be absolutely ludicrous and completely ridiculous, but I have not heard from anyone regarding any closing process. Is there any kind of interview? Exit interview or anything? Is this normal for me not to have heard anything?

Involuntary ones.

Please share intelligence here.

I have been through several restructurings before in other companies and here, but this latest situation feels different. Management keeps mentioning budget pressure and possible cuts during meetings, even when the topic has nothing to do with staffing. It has now started to feel less like planning and more like a way to keep people from questioning decisions and keeping us in our lane.

Presbyterian Hospital has announced the layoffs of 150 workers along with the discontinuation of most Medicare Advantage plans in 2027.

According to a statement from Presbyterian Healthcare Services, the layoffs will be in administrative roles and not related to hospitals or clinics.

https://www.koat.com/article/presbyterian-layoffs-albuquerque-new-mexico/71475392

https://apnews.com/article/cbs-news-60-minutes-pelley-fired-db75daea29a1996f9db5e7951e6f5064

Embrace the change, sit tight, navigate it with optimism.

How tf am I supposed be do that when I do not know if I will have a job in coming weeks, months??

Thought he was gonna cry saying goodbye to his buddy Brett on the earnings call. Clearly he didn’t want to fire him and EM forced his hand. Neuroscience performance was awful (again)… when was the last time they hit plan??? Getting rid of Brett was long overdue— Geoff you are next

Sounds like another round of layoffs. Couple hundred from engineering side. Feel for those affected. I guess the strategy remains you can fix leadership problems by laying off experienced engineers.

They're either being laid off or pressured to quit. I don't know what an advantage of getting rid of the best part of your workforce could be either in the short or the long run. Shouldn't we be making sure they remain here? Isn't that what a good company would be doing?

Major layoff rounds don't scare me. Those come and go and by the end of them we know where we stand. It's the constant silent layoffs that are destroying me. They can happen at any moment to any of us. That's the real problem with T. That's what's making me lose sleep.

State lawmakers approved a property tax cut ballot measure. Voters will decide on this proposal in November. Local leaders warn the plan could significantly reduce city revenues. Boca Raton Mayor Andy Thomson stated it could lead to service cuts and layoffs. The city is preparing for difficult decisions ahead.

Boca Raton, Florida

https://www.wflx.com/2026/06/03/local-leaders-warn-florida-property-tax-cut-plan-could-gut-city-services-bring-layoffs/

Presbyterian Healthcare Services announced 150 layoffs. These layoffs affect administrative roles. The affected positions are not in hospitals or clinics. The organization will also discontinue most Medicare Advantage plans in 2027. Direct patient care roles will remain unaffected.

Albuquerque, New Mexico

https://www.koat.com/article/presbyterian-layoffs-albuquerque-new-mexico/71475392

Monroe School Transportation Inc. will lay off nearly 200 workers. This follows a competitive bidding process for school transportation services. Transpo Bus Service secured the new contract, replacing Monroe. Transpo's co-owner is offering positions to the affected Monroe employees. The Department of Labor also met with workers to help guide them into new jobs.

Rochester, N.Y.

https://www.whec.com/top-news/nearly-200-rochester-school-bus-workers-facing-layoffs-offered-jobs-with-new-transportation-company-transpo-bus-services/

Sparhawk may face layoffs or closure. The company filed a notice with the Department of Workforce Development. This action follows Sparhawk's bankruptcy filing. Sparhawk Trucking and Sparhawk Truck and Trailer are actively seeking a buyer. The bank currently allows the companies to operate as usual.

Wisconsin Rapids, Wisconsin

https://www.wisconsinrapidstribune.com/story/money/2026/06/02/sparhawk-trucking-files-notice-of-potential-layoffs-or-closure-as-its-works-through-bankruptcy-case/90374798007/

Most likely from next week on.

Anyone ever see someone get laid off and was rehired after a certain amount of time when they decided to reapply?

I was laid off last month and wondering if anyone has heard anything about PSP this year and know when we should hear if it’s being paid and what it will look like ?

Don't know if this is the right place as this board mentions layoffs, but lately there have been no layoffs yet people are quietly disappearing from IBM. They are handed out a PIP and then right after the end date they are gone. Does anybody know of a good attorney who can take up the case for wrongful termination?

Must be a sizeable one as warn act filings were done in NJ for this date impacting the following
Optum Select MGMT
Optum Services
Optum Care

The first 18 years, working as part of VUE, were great. I was valued, respected, and my contributions meant something. The along comes Omar, and VUE largely gets absorbed into corporate, the Azure migration occurred, and the culture changed dramatically. Dave Treat really likes to listen to himself talk, Omar and the rest of senior leadership are too busy jet-setting to set a clear strategy. The cherry on top came in May when I was unexpectedly laid off after 20 years, with a whopping 8 weeks of severance. Hello early retirement, goodbye toxic workplace.

Follow the layoffs from May 28th, what are the next areas of Optum that will be impacted on the June 25th RIF?