#layoffrumor

There were several posts about the rumors of SMgr, AD, D & SD. Are they still on the target lists for the 2026-2027 RIFs?

Although I feel we will all be refreshing our emails tomorrow, I hope the first person who gets it posts it here ASAP lol. Not seeing myself being able to focus tomorrow on anything!

Why no mass layoffs yet ?

Please don't be stressed out on layoff, it may be rumour or actual layoff. Don’t worry for things, did't happen yet, be a man and face situation when it comes. Laugh, smile and enjoy your life. Work is work, you are living in USA the most resilient job market in the entire WORLD. Where job openings are available every few mins. Enjoy your life!

I was off my buddy try to say his manager mentioned that a EISP was being announced.Anyone hear any real info that was new

What do we think is next? Stocks haven’t gone up, there’s a million and one projects in connected care that don’t seem to be going anywhere. Is the sweet release of severance awaiting any of us?

Anyone hearing rumors of October layoffs? Specifically on the Evernorth side?

What is going on? We got the email about George Dyer with the town hall next week, but we just got a meeting invite from our L5 named 'quick update'. I've sat through countless calls that were named this because folks were laid off. Anyone know anything?

Does anyone know the meeting title that is used for a layoff meeting? Also, who typically sends these out? Is it from HR or your people leader?

So people can be ready for it.

Has anyone else had constant org changes, and it’s not all adding up? As we approach the next layoff round, it’s getting very eerie around here. I’m a bit scared. However, it also doesn’t make sense to do all these org changes only for us to be laid off. I can’t make sense of it.

Heard few people got emails at 9.00 and few will be getting at 11.00 ?
Anyone heard the same ?

Republic National Distributing Company has issued conditional layoff notices to 641 employees across five Michigan facilities. These notices are linked to a potential sale of the company's operations in control states. The transaction is with Martignetti Companies and is not yet finalized. RNDC stated the notices are precautionary and required by federal law. No final employment decisions have been made at this time.

Kentwood, Michigan

https://finance.yahoo.com/small-business/articles/major-alcohol-distributor-warns-641-174054046.html?ref=biztoc.com

Heard another one in Aug, anyone else heard the rumours??

I am confused about our layoff approach - after all, do we have Monthly, Quarterly or Annual layoffs?

Every time we don't do fab in Q2 there seems to be a cycle of layoffs after.

GK said it was brave to have their name attached and fake laughed it off

I’d say 50/50 chance!

The way they continue to spin our questions into something easily dismissed is astonishing. 'Concerns about layoffs programs.' 'We don't have a layoff program like other companies.' And a swift move to the next question. These clowns are the worst of the worst.

Are rumors true?

I am actively being recruited by other companies and been around 15+yrs. With the rumors about new layoffs getting louder daily, I am trying to figure out if there is a way to volunteer? Has anyone directly asked to be laid off? How did it go?

Hearing rumours that OAL as org might not exist or will be moved. Is this path to cut more jobs?

A proposed Florida tax reform could lead to significant job losses for Martin County firefighters. Over one-third of the county's fire rescue personnel may face layoffs. Alternatively, the county could close three fire stations and eliminate specialized rescue teams. These potential cuts are slated for fiscal years 2028 and 2029. The Fire Rescue department warns of these severe consequences if the tax proposal is enacted.

Martin County, Florida

https://www.tcpalm.com/story/news/local/martin-county/2026/07/21/florida-tax-plan-may-eliminate-116-firefighters-in-martin-county/90979852007/

“We’re looking for anything they can do or say to
show they’re protecting the bottom line, they’re
protecting earnings, they’re protecting cashflow.”

RAs coming. . .

https://www.barrons.com/articles/ibm-earnings-stock-price-a3df6f77

By: Mackenzie Tatananni | July 22, 2026, 3:00 am EDT

After last week’s earnings warning sent IBM’s stock into a downward spiral, it may seem like the fate of its shares is sealed. Yet that may not be the case.

Investors already have an idea of what the numbers will look like. IBM previewed its second-quarter earnings last week—a rare move for a company that had only pre-announced earnings once before in its history, during the 2008 financial crisis.

IBM cautioned that key metrics, which will be released on Wednesday after the closing bell, would fall short. The company expects to report $17.2 billion in revenue for the quarter—behind Wall Street’s call for $17.9 billion—driven by a 7% year-over-year drop in infrastructure, flat consulting sales, and a 5% uptick in software. Adjusted earnings are forecast to come in at $2.93 a share, behind the $3.01 analysts were expecting.

Last week, CEO Arvind Krishna issued commentary around artificial-intelligence spending, saying that some customers suddenly shifted their budgets toward servers, memory, and other “supply-constrained infrastructure” to get ahead of expected price hikes.

“This dynamic impacted client buying patterns,” Krishna explained in a letter to shareholders. “While we anticipated some supply chain related impact in our expectations, we did not anticipate the magnitude of the capex reprioritization.”

Shares plunged 25% on July 14, marking their worst one-day decline ever and wiping out nearly $70 billion in market value. The stock fell 26% last week—the worst weekly performance in the company’s history.

Now, investors are questioning whether the company is facing execution issues in the face of unexpected changes, or if there are signs of a broader shift in customer behavior that IBM must adapt to. Krishna wrote that “numerous large deals” failed to close on the timelines IBM had expected, “driving the majority of our shortfall.”

The real proof won’t be in the numbers—investors already have an idea of what those will be. Rather, they’re looking for signs of future execution and commentary regarding the steps IBM is taking to recover from the quarter’s missteps.

“IBM has to show customers are still spending, the AI and software opportunity remains intact, and that management has a credible plan to get growth back on track,” Mizuho’s Dan O’Regan told Barron’s ahead of the report.

Given that IBM had been trading earlier this year near all-time highs, the selloff was partly warranted, O’Regan said. Even so, he believes the market was overlooking momentum in “several of IBM’s strategic businesses,” particularly software and AI-related offerings.

“If those trends remain intact, investors may ultimately view this as an execution reset rather than a deterioration of the long-term story,” O’Regan explained.

Although the earnings warning triggered a wave of price-target cuts, most firms aren’t changing their tune on IBM stock. The consensus rating on FactSet remains Overweight. On Tuesday, Jefferies analysts reaffirmed their Buy rating on the shares, even as they lowered their price target to $260 from $320.

For Wall Street bears, the earnings warning validated long-held doubts rather than offering a fresh perspective. BNP Paribas analyst Stefan Slowinski has long argued that the stock was trading at an unwarranted premium to the broader market.

“We’ve been concerned about valuation,” Slowinski told Barron’s. “Investors are overpaying for very low organic growth.” To counter that drag, he noted, IBM has relied on buying faster-growing software firms to artificially lift its overall profile.

“Cashflow is always important for IBM,” Slowinski continued. “It’s never good if you miss on the top line and you’re not growing, but you should protect the bottom line. Even if they do take down their full-year revenue guidance, can they keep their full-year cashflow guidance?”

From his perspective, second-quarter earnings will be a crucial test for IBM. “If they can pull some levers, that gives investors confidence that, even if the market changes and they miss on revenue, they typically now know how to adapt their business,” Slowinski said. “We’re looking for anything they can do or say to show they’re protecting the bottom line, they’re protecting earnings, they’re protecting cashflow.”

Would the all hands on Aug about layoff? or what

I am hearing all kinds of rumors about RMO layoffs but no official announcement. People are offline and meetings cancelled last minute. Anyone know what is going on?

Hearing some rumors

Stock crashed 30%, are layoffs inevitable?

Sat in on a meeting where someone mentioned layoffs are confirmed for 2 of the following months August, September, November

Any news on more layoffs and RIFs?

Anyone got any emergency meeting invite from the manager?

Heard some rumors of layoffs in ops after a new group came from risk. Any one heard anything?

Shortly to be followed with a meeting from higher ups or JF of “well we had some tough decisions to make but we are on track.”

It’ll happen cross regions, cross groups. Good luck.

Not the first time this is being reported quite a pattern now going on, but another round of layoffs under planning for late September/ early October, headcount reduction across Engineering and services due to rapid off shoring of roles to India mainly Pune.

Train your replacement in India across the next few month's and hand it your laptop will be the way this works for those to be impacted in the next round of layoffs to come.

Cryptic Town Hall tomorrow