#layoffs

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Any idea on Citi Layoffs expected in Q2 2026

My entire team was added to STEER a couple of months ago, so I assume we're on the chopping block. Several of my team mates have quit (found other roles outside Citi). I haven't had any luck yet, though I'm actively searching. How long after the add to Steer does one have? Also, what does the severance package entail?
Just wondering if there's a method to the madness, so I can brace myself.


Wisconsin Firms Announce March Job Reductions

Four Wisconsin companies announced layoffs impacting 982 workers in March. This total more than doubled the number of layoffs reported in February. United Natural Foods Inc. is closing its Sturtevant facility, affecting 443 employees. Charter Communications plans to close its Appleton facility, impacting 313 workers. Cree Lighting is laying off 172 workers and closing manufacturing in Sturtevant. Midwest Energy Resources Co. will close its Superior facility, affecting 54 employees.

Sturtevant, Wisconsin

https://www.jsonline.com/story/money/business/2026/04/01/charter-united-natural-foods-and-cree-cut-wisconsin-jobs-in-march/89350467007/


The cancer started with the AWS folks

The truth is, Oracle was an ocean of innovation once, with mature software development that was run by adults. We believed in being a place for responsible and business oriented work/software, and to be a company that made other companies successful. Kinda like "All ships rise with the tide". A quiet confidence. The Oracle name had cachet. Sure, we lost people during mergers and aquisitions, but those were logical business decisions. Where did I fit? I came into Oracle's influence around 1997, and I was in and out of Oracle several times. The stories I could tell. However, the stories were within the norms of a company that was run by adults. Good and bad. I look around my life, and Orace paid for everything. My life is what it is now, because of Oracle. There was good. There was great. There is no way I can ever say that Oracle was a bad experience overall, but I can surely say there were some horrible times. Things started to go really bad, when Oracle got a case of insecurity and heavily recruited from AWS. Like the AWS folks had some secret sauce to take Oracle into the "new age". The AWS folks - or shall I say - refugees, hated AWS and jumped ship to be in Oracle. Sadly, those people who left AWS, for whatever reason, brought those same dysfunctions into Oracle. You could see it in how they interacted with "Oracle people". Yeah, the AWS transplants felt that the Oracle people were old, without innovation and at every chance, they replaced/cancelled where they could. Those AWS folks HATED Oracle! Crazy right? You left AWS because it was a terrible place to work, then you came and hated the people that hired you? We saw this happen over and over. If you want to see where this layoff cruelty came from, look no further than who came from AWS. Instead of being an ocean of innovation at Oracle, we have islands now...and they are shrinking. I am so sad to see these layoffs. Its horrible to see all the good people gone over the last year or so. These new people who are running things at Oracle, just don't get it. I think Oracle, at least the Oracle I remember (Good and bad) is dying a quick death. The current leadership is not reading the room on the AI narrative. They are doubling down on a plan that won't work because the room has changed. People - as in the general public - are getting tired of AI Resumes, AI videos, AI words, AI decisions created by a machine running on old data. These folks who are running things don't have the experience of knowing how trends go (Blockchain anyone?) So these layoffs. My guess is Oracle will implode soon on this direction. I just hope there are enough adults to want to get back in the game and fix things, and hire these folks back when it does implode.


Horizon BCBSNJ, Others Announce Newark Layoffs

New Jersey state data indicates 357 job cuts. Three companies with a Newark presence are affected. Horizon Blue Cross Blue Shield of New Jersey reported 242 layoffs. Luna Foods listed 61 affected workers. Prudential Financial reported 54 employee impacts.

Newark, New Jersey

https://www.rlsmedia.com/node/62873


Audacy Initiates Layoffs, Reorganizes Management

Audacy has begun a new round of layoffs across its radio operations. The company is also implementing a new regional leadership structure. This new structure replaces traditional Market Managers with Regional Presidents and Vice Presidents. CEO Kelli Turner stated the changes aim to scale opportunities and drive revenue growth. Several employees across multiple cities have been affected by these organizational shifts.

https://barrettmedia.com/2026/04/01/audacy-begins-round-of-layoffs/


Layoff total

Does anyone know the extent of layoffs that happened in the last few days? Was there any layoffs today also?

Different people are reporting differently. I’d appreciate if anyone has analyzed this and can share their findings. Someone is maintaining a running total from Slack (Thanks a ton!), and that says about 12,000 people were let go.

Terrible to hear about layoffs and see our coworkers let go. I hope this madness stops soon so we can focus on work. Tired of being on the edge for the last 6 months. Thanks!


Nike Reduces Workforce, Targets Technology Roles

Nike continues to optimize its workforce and rationalize programs. The company recently made a wave of tech layoffs this quarter. CFO Matthew Friend confirmed these actions on an earnings call. Nike incurred $230 million in severance costs for these cuts. These efforts aim to slash cloud costs and improve engineering performance.

https://www.thestack.technology/nike-tech-layoffs/


T-Mobile Announces New Unspecified Job Cuts

T-Mobile announced another round of workforce reductions on Monday. The Bellevue telecommunications company did not specify the number of positions eliminated. This action aims to align its IT organization for future growth. The company previously cut 393 Washington jobs in February and 131 in October. T-Mobile recently completed a $4.4 billion acquisition of U.S. Cellular.

Bellevue, Washington

https://mynorthwest.com/local/t-mobile-layoffs-2/4223722


Layoffs question

Every company lays off employees. But I see so much hatred for Waters regarding Layoff and toxic work culture? Why ?

How are layoffs decided ? Is it case by case based on performance ?
Or entire teams get laid off ?


Oracle Notifies Employees of Role Eliminations

Oracle Corp. employees received layoff emails. These emails arrived on March 31. The communication stated their positions were eliminated. This action is part of a broader organizational change. The exact number of affected workers remains unknown.

https://www.tennessean.com/story/money/careers/2026/04/01/oracle-layoff-email-tennessee-workers-nashville/89409069007/


Circle City Broadcasting Lays Off WRTV Staff After Acquisition

Circle City Broadcasting completed its acquisition of WRTV on March 31. The company subsequently laid off a significant portion of the station's staff. Several WRTV reporters confirmed their last day was March 31 via social media posts. Circle City Broadcasting now owns three Indianapolis-area news stations. The Federal Communications Commission approved this acquisition despite typical ownership regulations.

Indianapolis, Indiana

https://www.indystar.com/story/news/2026/04/01/wrtv-reporters-laid-off-after-circle-city-broadcasting-buys-indianapolis-station/89416536007/


Where's the upside?

Listening to yesterdays call even if everything goes great over the next year where is the upside? Where's the growth coming from? Best case scenario sounds like incremental growth in na partners but dtc continues to "right size" and bleed out china will continue to take on water emea is lost. And news flash things are not going to go perfectly shipping will only get more complicated. it might take years for tariff relief to actually help the bottom line. our dear leader doesnt seem to think much of sportswear and especially not the swoosh. 20s incoming


T- Life has been a mess forever….

Absolutely no governance, no scope control, constantly swapping quality of releases for quantity of how much they can squeeze in.

Senthil finally got a guy on his team who knew how to fix things. He documented all of the processes, identified break points and had built a coalition between product, engineering and test who agreed on the plan and were starting to fix things.

Gues what happened next (drum roll) Senthil decided to RIF the guy who was fixing the problems, the guy who could lower Salish’s blood pressure, the guy who could restore work life balance to engineers and testers.

No one is picking up the work. Hope is diminishing that T-Life will ever be a healthy team.

Don’t believe leadership when they say they care.


Layoffs - heart breaking stories

Well.. it is what it is. But it’s heart breaking to read the comments regarding laid off O employees and that they were cut from medical insurance and work after many years with just one cold e-mail. Employee that was planning serious surgery next month, a woman 30-week pregnant opened mailbox and suddenly her access was cut…. There are lots of stories where just
As I observe on Linkedin people really are getting ungry for this AI bullsh-ts published on Lnkdn, and are leaving the comments regarding yesterday and todays layoffs. People just got sick with that situation. It lacked basic human decency.


Labor Arbitrage: A Reflex Without a Conscience

BNY’s “Art of the Deal” has evolved into a single, elegant operating principle: if someone, somewhere, can do it cheaper, that’s where the work goes. Labor arbitrage — the classic corporate maneuver of shifting jobs to lower‑wage regions with “cost‑efficient” labor markets — has become less a strategy and more a reflex. Afterall, why invest in career development when you can invest in currency exchange rates with a more certain and predictable value?

In practice, it’s simple: move high‑cost work to lower‑cost countries, call it “global delivery optimization,” and hope no one notices that the new team is operating under labor standards last updated during the Bronze Age. The savings look great on paper, especially when you don’t include the footnote about quality, continuity, or the sudden disappearance of institutional knowledge from the U.S. Labor Economy.

Enter Eliza, the newest cost‑savings miracle and workplace discombobulator. It doesn’t sleep or complain, doesn’t have federal and state workplace rights or require WARN Act notifications, and confidently produces answers in mere milliseconds that are well… almost correct. Leadership calls it “innovation.” Employees call it “the algorithm that took my job and then asked me to validate its output.”

Meanwhile, ethical considerations pile up like cord wood and read like a stack of unread compliance emails:

Job displacement disguised as “strategic realignment.”
Meritocracy replaced by “who costs less per hour.”
Career development reduced to “train your offshore replacement.”
Labor standards outsourced to jurisdictions where “worker protections” are more of a suggestion.
Cost vs. quality resolved by redefining quality as “good enough not to trigger a regulator.”

In the end, BNY’s labor‑arbitrage strategy and its ethical decision‑making exist in a kind of corporate parallel universe—technically adjacent, rarely intersecting. Our 240+ year old bank celebrates cost savings as strategic genius while quietly outsourcing not just jobs, but responsibility itself. Meanwhile, ethical considerations like job displacement, fair labor standards, career mobility, and the integrity of meritocracy are acknowledged only long enough to be converted into bullet points for an Environmental, Social, and Governance (ESG) slide parked in the back of the deck.

In summary, if the spreadsheet says “cheaper,” the strategy says “approved,” and ethics becomes lost as a post‑decision branding exercise. It’s simply a system where cost wins, quality negotiates, and social responsibility waves politely from the parking lot.


NA Deal Desk/DM/Contract Specialists/Whatever the name is now...

Who has been RIF'd this round or over the last several months? I'll go first. I was in October...anyone else? Any whispers about what's next? First they combined DS/DM roles...then they added extra layers of Sales Help and Deal Desk...so they combined essentially four roles into one, no extra pay, less headcount, and now they are just shoving it all to AI?


Wonder if the VA or health system clients were told in advance

Not an Oracle employee past or present, but in healthcare. Curious if the VA or health system clients were notified in advance of the layoffs and given assurances of a smooth transition. I've heard onsite staff were pulled immediately.

My bet is that the VA nor health systems were not told in advance and that reassurances haven't been issued.

Prove me wrong?

The VA EHRM rollout restarts this month, after a 2 year hiatus.

You also have to wonder about pipeline customers, how they are going to take this. My bet is that more will flee to Epic.


Wonder if any WARN notices were sent to US Federal and State DOLs, as required by law

By being secretive and not spooking the shareholders on the depth of the layoffs -- 18%--is Oracle management being too cute by half?

By not filing WARN (over 50 employees at one location) or information under OWBPA (Older Workers Benefit Protection Act, which applies when employees over 40 years old are laid off) they are laying themselves wide open for a barrage of lawsuits.


It is official!!

NIKE is certified $40.00 stock.
Let's hope that it does not hit $30.00
Yesterday's news was so bad that seems like Wall Street got a surprise and they don't like surprises.
Seems like everyone is capitulating this stock and leaving with no support.
No one is valiant enough to step in and pull this Titanic from sinking.

There goes my 401k, I guess I will be a greeter in Walmart when I retire


A complete massacre at Ansys France

The layoff plan was finalised in France and it’s a massacre that targets mostly engineers and surprisingly not too many corporate functions. Even products that are supposedly in priority has not been spared and people with domain knowledge have been impacted. In my 18 years at Ansys, I have never come across such levels of insincerity and misdirection.


EMEA layoffs and impacts

Today VZ UK got an update. The impact is expected to be well over 100 people, but consultations will go well into May and maybe summer.. FR is beating around the bush, restructuring reasoning seems to be mixed up. might work against them (the firm, not employees). BE got an update last week, more than 50 people on the block, impacts expected May to June, probably sales and product will be the first to go. DE is still pulling its head out of its ar-e, no real updates, but then again we're talking about the country that still uses faxes and cash. i've got next to no work and sales has disappeared. all I can say is ALL ABOARD HERE COMES THE SEVERANCE EXPRESS!