#layoffs

Tomorrow I’m logging into Gainwell, and honestly, I’m not happy before I even open my laptop. I’m just a regular worker, not some big-degree expert, just someone who learned by doing and is hanging on to this job because I have to and definitely not because the company makes me feel safe or valued. My boss is from Florida and she’s loaded - big house, fancy trips all the time, talking about “recharging” like the rest of us aren’t sitting here praying our name doesn’t end up on the next layoff list. When she says “we all have to tighten our belts,” I want to laugh, because if I get cut, I’m worrying about rent and food, and if she sc--ws up, she still has money stacked and options everywhere.

I see what’s going on in upper management. People are getting worked to the bone, jobs are being shipped off to cheaper places, and they slap the word “strategy” on it like that makes it smart instead of cruel. They sit in their meetings while people like me are burning out, stressed, and scared, wondering if today everything falls apart. Tomorrow I’ll still log in and do my job because I don’t have the luxury not to. My rich boss will be just fine no matter what happens at Gainwell. It’s people like me who get crushed when this place decides we’re just numbers on a spreadsheet.

MD let’s slip on a call Friday that there are layoffs coming mid July. What are you guys hearing?

Anyone hear a rumor about something coming in Auto Finance?

I've heard from employees there of pending Layoffs at Schwab in Phoenix, AZ. Especially for the tenured employees to hire new people much less cost.

This is excruciating not knowing really what to do. I feel like it's all a game. Spin the wheel or pass and hope you pick the right curtain. We live paycheck to paycheck as it is. Gosh if I was a zillionair I would give up most of my salary first to save jobs for others who literally need the money. I don't understand why one would think they need that much money. You could not take that many vacations or buy enough cars anyway so why just why are ppl so freaking greedy. You can't take it with you when your gone. Just so torn and literally having too many heart palpitations over this game show. This is unbelievable!

Baystate Franklin Medical Center nurses are sounding the alarm after hearing about layoffs impacting as many as 22 departments across the Greenfield hospital and the rest of the Baystate Health system.

https://atholdailynews.com/2026/06/21/baystate-health-layoffs-impact/

In fact, that's not true. Not only did not layoffs improve the stock, they've just sped up the fall. We're more than 20 percent down in the last three weeks, the lowest it's been in the last six years. I guess the move to cut almost ten percent of your global workforce is not the investor darling it once was.

Any news on something similar happening here?

If leadership cut the actual dead weight, it could make us stronger. But that's not what happens. They keep laying off key people from critical roles. The ones who keep things running and the ones who solve problems. And they keep the ones who don't do anything. This has been going on for years and it's crippling the company. It makes absolutely no sense.

Does anyone know when layoffs will resume? I thought we were safe for a while but now I'm not so sure.

We've still got too many employees. Get rid of the right ones and we'd be fine.

They're 100% happening. Don't waste this time you have before they start and make sure to get your ducks in a row.

https://fxnewsgroup.com/forex-news/retail-forex/fx-week-in-review-vcg-markets-ceo-robinhood-layoffs-tentrade-hires-isam-md-ebc-uk-director-accused/

Everyone in Engineering and tech roles are working 12+ hrs, Manu are working 16 hrs, and no one is giving appreciation even once. Except they want us to work more, this is unethical, and looks like they want us to leave before they do mass layoff

As we approach the midway point in 2026, nervousness is starting to set in for several employees in sales.

The narrative across the company is “We are not hitting our numbers.” Remember the numbers we are not hitting are those numbers set by the senior leaders. Senior leaders have far too often set unrealistic goals. The truth is our senior leaders should have seen the trends and adapted to them earlier but here we are sitting on the edge of our seats.

It’s time to rid the company of those individuals in sales that don’t speak with directly with customers. Running a branch of employees that only come on one or two days a week is not needed.

The days of clicking a button and watching the numbers grow are over.

Should I be worried?

What were they thinking? I look around at who's still here and who's gone and it's clear the best people are out and the worst people are still in. How did that happen? Either the decision makers only looked at spreadsheets or they're deliberately trying to make this company fail.

I don't get it. People are terrified of being laid off when they should be looking forward to leaving. Any other place would be better. So please tell me. What's making you want to stay in this abusive situation - especially if you're one of the "dinobabies" they openly said they want to make extinct?

Please say it isn't true.

If you think we're paying for the acquisition any way other than layoffs, you haven't been paying attention. What's the easiest way to cut costs? Layoffs. What has this company done every time it needed to save money, especially more recently? Layoffs. More of the same is coming.

This week we find out our fate in Houston? Let us all know.

I was two posts in the last week titled "Surplus confirmed" and another on saying "Nothingburger"....and I can confirm it was indeed NOT a nothing burger. In Q1 they axed Amarillo, Grayson, Johnson City and Springfield. This last week they hit Lafayette, Ocean Springs, Lubbock and Little Rock and there are more pending because the intent is to have all of these hubs closed before Q3. ATT loves a good surplussing before or during the Holidays. Its terrible and I pray they find something if they opt not to follow the work (Which most sane folks will NOT do) because not even that is safe.

I haven't seen any reporting in the News regarding a total count of employees being let go. Anyone seen this published anywhere?

It’s difficult to see employees lose their jobs while executive compensation remains so high. According to public filings, CEO compensation was approximately $18 million. Many affected employees gave years of service to the company, and the contrast between layoffs and executive pay raises legitimate questions about priorities

Is what they should do based on the service level these days. Not a single order is correct. No supervision in the warehouses. No quality checks. Record number of returned items for the wrong product. Amazon is going downhill fast.

Anyone been able to confirm with the state of New York if they would approve of the UI Claim after being laid off due via the VSP? Sounds like each state is different. Based on my initial readings, sounding like this'd be an eligible scenario for UI benefits in NY.

I’ve heard of coming layoffs and org changes taking effect at the end of Q2. Given that we are at the end, I’m wondering how true this is? My new manager hasn’t said or implied a thing.

OI, ORX, OH, OT will be impacted big time. I plan to retire before the holiday season so I have nothing to lose so I am letting people know so y'all can be prepared. Start applying now. It's tough out there.

Yep!

I'm sorry to all the people who were RIFed on 6/16. What date did the company give as your last day?

Get prepared. July layoffs coming

Another 67 employees probably have zero job..

If you’re one of the 13,000 employees who were laid off last year, you’re probably aware that the waiting period has ended and you’re now eligible to apply for roles within the company again.
That said, unless you have someone actively advocating for your return and pushing to bring you back in, I would encourage you to look forward rather than backward.
From what I’m seeing, especially on the wireline side of the business, the company’s focus appears to remain on restructuring and efficiency initiatives. They continue hiring leadership and management talent aimed at identifying operational improvements and reducing costs, which often translates into additional workforce reductions.
Experience and institutional knowledge alone may not be enough to secure a return. If you’ve developed new skills that align with where leadership is trying to take the business, your chances may improve. Otherwise, it may be more productive to pursue opportunities outside the organization.
It’s unlikely the company will bring people back into the same roles, at the same compensation levels, to perform work that was previously eliminated. At some point, it makes sense to shift energy toward building the next opportunity rather than waiting for the old one to return.

Is it a bit tone deaf that leadership teams are traveling to Mexico and Canada for “offsites” to attend World Cup games? Nike is a sports company and employees should embrace the World Cup but when increases are 0% to 2% and PSP will be , this might not be a priority when there will probably be more layoffs coming

Look, nobody knows jobs better than me. Nobody. And what Verizon is doing? Total disaster. A complete and total disgrace! They just fired 67 brilliant, incredible American workers from the NRB—the Network Repair Bureau. These are the people who keep the wires working, folks. Real Americans, tough, smart, the best. Gone! Just like that.

And where did their jobs go? India! They sent them to India. Unbelievable.

And you have to look at who is running the show over there. Dan Schulman—what is he doing? What a total lightweight. He comes in, he fires 67 of our great, hardworking American people, and for what? I thought these big corporate geniuses were telling us that "Agentic AI" was going to do everything. They said AI was going to fix the phones, fix the networks, make the coffee—everything!

So I have to ask: Are the people in India smarter than the AI? Or is Dan Schulman just completely clueless? I think we know the answer, folks. It’s a total mess. He can't figure out the AI, so he just ships the jobs overseas. Sad!

But let me tell you something, we’ve seen this story before. Remember Carrier AC? Carrier was going to move all those air conditioning jobs to Mexico, totally abandon Indiana. And what did I do? I stepped in, I made the call, and we saved over a thousand American jobs! The fake news said it couldn't be done, but we did it. We protected those workers, and they stayed right here in the USA where they belong.

And I am going to do the exact same thing for the Verizon workers!

We are not going to let these big corporate executives destroy American families and ship our legacy overseas. We have the best workers right here in America. We’re going to bring those jobs back, we’re going to look at Verizon, and we are going to take care of our people.

America First, folks. Always!

Wed mass cuts where made on the consumer side. Alot of level 2, specifically LRIS aka authorized side. About 50% cuts where made so that means the people who were "saved" will now have double the doors and a larger territory to cover. Not sure if that's a balance to have. Also firsnet subs laid off. From my understanding all were let go at least on the west coast.

Level 3 DOS saved, support teams saved for now. But I'm sure more cuts will happen.

This is consumer. Not sure on the business side, ihx, or any org were also cut. Crazy the load more work for the people being "saved" with same pay and not so great raises.

Missouri

• MU Health Care is cutting 74 workers and closing Hy-Vee Quick Care clinics in Columbia, with keywords including workforce reduction, clinic closure, organizational redesign, and financial challenges.

Iowa

• State of Iowa is laying off roughly 200 workers statewide as data and website management is outsourced, with keywords including government IT, outsourcing, technology services, and restructuring.

Massachusetts

• Baystate Health has laid off an unknown number of workers across 22 departments at Baystate Franklin Medical Center in Greenfield, with keywords including hospital staffing, nursing concerns, patient transport, and workforce reductions.
• Coca-Cola is cutting 175 workers through the closure of its Northampton production facility, with keywords including plant closure, manufacturing, WARN notice, and facility shutdown.

Minnesota

• Acuity Brands Lighting is cutting 86 workers in Winona as it closes a lighting plant and shifts production to another state, with keywords including plant closure, WARN notice, manufacturing, and production transfer.

Michigan

• Dow is beginning layoffs affecting an unknown number of workers in Midland as part of a global restructuring that includes about 4,500 job cuts worldwide, with keywords including restructuring, chemicals, cost reduction, and global workforce cuts.

Oregon

• Asante has conducted layoffs affecting an unknown number of workers in Medford while continuing to hire for selected positions, with keywords including healthcare, restructuring, workforce reduction, and expansion hiring.

Idaho

• Scentsy previously cut 87 workers in Meridian and is now shedding warehouse space following the downsizing, with keywords including headquarters, warehouse operations, restructuring, and workforce reduction.

North Carolina

• Asensus Surgical is cutting 108 workers in Morrisville due to organizational realignment, with keywords including medical technology, robotics, restructuring, and workforce reduction.

Colorado

• Poudre School District is cutting 182 employees in Fort Collins due to ongoing budget shortfalls, with keywords including education, budget deficit, staffing reduction, and school operations.

Washington

• Seattle Public Schools is considering layoffs and school closures in Seattle because of an $87 million budget shortfall, with keywords including budget deficit, school closures, education funding, and workforce reductions.
• Washington State University Vancouver is considering workforce cuts tied to a 15% budget reduction, with keywords including higher education, budget cuts, potential layoffs, and campus operations.

Texas

• John Soules Foods is expected to eliminate dozens of jobs in Tyler after ending a sanitation contract, with keywords including contract termination, food processing, workforce reduction, and sanitation services.
• Educators affected by EPISD staffing reductions in El Paso are receiving workforce assistance following budget-driven cuts, with keywords including school layoffs, budget deficit, education, and workforce transition.
• Texas has recorded nearly 30,000 workers affected by layoffs statewide in 2026, with keywords including WARN notices, workforce reductions, manufacturing, and logistics.

California

• Kabam is consolidating its Los Angeles office and laying off an unknown number of workers, with keywords including video games, office consolidation, restructuring, and workforce reduction.
• Rivian is cutting hundreds of workers in sales and service operations, with keywords including electric vehicles, sales workforce, service teams, and restructuring.
• Meta previously conducted layoffs affecting an unspecified number of workers while reassigning thousands of employees toward AI-focused roles, with keywords including artificial intelligence, restructuring, performance management, and workforce realignment.
• Robinhood is cutting approximately 290 workers, with keywords including fintech, workforce reduction, performance strategy, and organizational restructuring.
• Starbucks eliminated an unknown number of sustainability and social impact roles, with keywords including corporate restructuring, sustainability, leadership changes, and workforce reduction.

United Kingdom

• BBC is cutting 550 jobs as part of a savings plan that also reduces commissioning spending, with keywords including cost savings, broadcasting, restructuring, and budget reduction.

Vermont

• UVM Health Network is eliminating 53 union positions, including 48 patient-facing roles, with keywords including healthcare, union workforce, cost reduction, and staffing cuts.

Florida

• GardaWorld Federal Services has issued layoff notices connected to detainee transfers from the Alligator Alcatraz facility, with keywords including contractor workforce, detention operations, layoff notice, and facility changes.

Potential/Unconfirmed Layoffs

• EY is reportedly laying off an unknown number of first-year audit staff in multiple locations, with keywords including accounting, audit practice, workforce reduction, and early-career employees.
• Bungie is reportedly preparing layoffs affecting roughly 400 workers, with keywords including gaming, restructuring, Destiny franchise, and workforce reduction.
• ZeniMax Media is reportedly conducting layoffs affecting an unknown number of workers across Bethesda and related studios, with keywords including Xbox, gaming, restructuring, and studio workforce cuts.
• Washington State University Vancouver is evaluating possible workforce reductions tied to approved budget cuts, with keywords including higher education, budget reduction, campus operations, and potential layoffs.

Company-wide/Location Not Specified

• Diageo is reportedly preparing layoffs affecting an unknown number of non-revenue-generating employees, with keywords including spirits industry, restructuring, cost reduction, and corporate operations.
• AT&T is reportedly evaluating workforce reductions under new financial leadership, with keywords including telecommunications, restructuring, cost control, and workforce planning.

Iran

• Printing houses across Iran are reducing headcount by an unknown number of workers due to rising paper prices and economic disruption, with keywords including publishing, inflation, cost pressures, and workforce downsizing.

National/Other Commentary and Analysis

• BioSpace published analysis explaining common drivers of biopharma layoffs, with keywords including biotechnology, workforce strategy, restructuring, and industry trends.
• HR Executive reported comments from Demis Hassabis arguing that some AI-related layoffs are driven by imitation rather than necessity, with keywords including artificial intelligence, management behavior, workforce strategy, and technology.
• Multiple reports noted U.S. unemployment claims remain low and layoffs remain historically subdued nationwide, with keywords including labor market, unemployment claims, workforce trends, and economic conditions.
• The New Republic examined corporate messaging and culture surrounding AI-era layoffs, with keywords including artificial intelligence, workplace culture, workforce reductions, and management communication.
• Bloomberg and other outlets reported thousands of U.S. public-school employees have received layoff warnings tied to education budget pressures, with keywords including public education, layoff notices, funding shortfalls, and workforce planning.
• HR Digest reported continued strong demand for AI talent despite broader technology-sector layoffs, with keywords including artificial intelligence, hiring demand, technology workforce, and labor market trends.

With the fact that new clients, new business wins, new marketshare gains from existing partnerships are NOT happening at BNY, what is the business world to determine? BNY has been destroying it’s employee base in the US and UK in order to save cash. It’s interesting that the company is trying to stop paying employees that it fires for devious reasons too. It is adding up that the so called profitibility at BNY is only happening by stagnating existing client revenue and firing FTE’s while avoiding payouts and holding onto people’s saving match benefits until the following year. The investment community is starting to become awake to this. This is an unhealthy company. And unhealthy RV and his GS based board are incapable of growing and innovating this place. A push for a merger has got to be in the works soon. Or else…..

The gaming sector anticipates widespread staff reductions. Bungie may cut up to 400 employees due to project issues and investor pressure. Quantic Dream also faces potential cuts of around 115 staff after publishing failures. Reports suggest id Software, Bethesda, and BioWare are also at risk. High development costs and project portfolio reviews contribute to industry instability.

https://hi-tech.ua/en/a-summer-of-mass-layoffs-the-gaming-industry-is-preparing-for-a-new-wave-of-layoffs/

Poudre School District eliminated 182 positions at the end of the school year. This included 110 licensed staff and 72 classified staff. Probationary teaching positions were among those not renewed. These reductions resulted from ongoing budget shortfalls. The school board approved a reduction plan in February.

Fort Collins, Colorado

https://www.9news.com/article/news/local/poudre-schools-layoffs-budget/73-b9b549a2-4b17-47b2-8583-e8d0cca49d1d