#layoffs

Is there even a slim chance of that?

SkyTrain janitorial workers are raising concerns about their new employer. SEIU Local 2 alleges Dexterra Group laid off workers and increased workloads. Workers report insufficient cleaning supplies and alleged harassment. At least 17 janitorial workers have been laid off since February 1, 2026. TransLink denies these claims, stating no evidence of improper procedures.

Vancouver, British Columbia

https://dailyhive.com/vancouver/skytrain-dexterra-janitors-cleaners-translink-seiu-union-complaints

The gaming industry is experiencing significant layoffs. Sony, EA, and Supermassive Games reduced their workforces. Star Citizen also implemented staff cuts. These events were reported around March 2026. The sector faces ongoing challenges.

https://fathomjournal.org/a2aedd58smm/d9024c49-BfBU6xGz_W4.html

So let’s all just admit the extension is nothing great . our union leadership took what ever was offered after the company 2 times prior shut them down .So let me say I voted yes ,but I really am tired of the leadership in all locals patting themselves on the back .In the end they continued the scrw ing extension on the retirees and now the possibility of us retiring .The whole deal was Dan needed to settle to move to the next stage !!There will be major management layoffs and reorganizations .Then by end of year there will be basic Eisp offered to union associates probably across board .Anyone who wants out or can afford it will be allowed to leave .The final stage is yet to be determined but may include the separation break up of lines of business.After that if that happens the sky is the limit to be used sold off or spun off .One things for sure the contract extension is not the end but the beginning of the end for union and management in wha I would call the end days .So advise anyone with under 26 years or under 55 start looking for somewhere else to begin your career

KPMG UK intends to reduce its audit division workforce. Up to 440 employees are expected to be laid off. Nearly 600 staff members were warned about potential job losses. Low staff turnover and changing market conditions are cited as reasons. This move primarily affects assistant managers with accounting qualifications.

https://www.hrkatha.com/news/kpmg-uk-to-layoff-up-to-440-audit-staff/

Albertsons is closing several store locations as part of a restructuring. This includes two stores in Tarrant County, Texas, affecting 138 employees. Additional closures are occurring in Washington D.C. and California. Overall, 295 jobs are being eliminated across these sites. The grocery retailer is investing in digital sales and technology for growth.

https://sg.finance.yahoo.com/news/87-old-retail-grocery-giant-020300245.html

Fiverr announced significant employee reductions. The company is reducing its staff by 30 percent. Artificial intelligence is cited as the reason for these cuts. The layoffs specifically target tech employees. This news was posted on March 30, 2026.

https://fathomjournal.org/d03856ffsmm/9e1ead01-mN_W3NneMHg.html

Di-k's Sporting Goods has started layoffs at Foot Locker. This occurs nearly a year after its acquisition of the retailer. Unnamed sources confirmed the news to Footwear News. Some employees were asked to return to office or relocate. Redundancies were expected following the merger.

https://fashionunited.in/news/business/di-ks-sporting-goods-initiates-layoffs-at-foot-locker/2026033053835

Ontario college presidents' salaries remained high in 2025 despite widespread layoffs. The college sector faced significant challenges, including campus closures and program cuts. A federal cap on international students heavily impacted college revenues. The top five presidents averaged around $507,000 in compensation. Humber College stated its executive compensation follows sector standards.

https://globalnews.ca/news/11749224/ontario-college-president-salaries-2025/

Looks like Truist Financial Corporation is gonna get scooped up by Citigroup later this year. Bill and the execs will ride off into the sunset laughing their tails off at us with a massive windfall. The rest of us? We’ll be lucky just to hang onto our jobs. Massive layoffs feel inevitable. And yeah, from what I’ve heard, the employee culture at Citi su-ks ba--s.

The Kentucky Senate passed legislation allowing public universities to lay off faculty. This includes tenured professors. Reasons include low enrollment or revenue-cost misalignment. Faculty could be terminated with just 30 days' notice. A Republican supermajority can override the governor's veto.

https://www.insidehighered.com/news/faculty/tenure/2026/03/30/kentucky-senate-passes-bill-allowing-easier-faculty-layoffs

Blaine School District will avoid major staff cuts this year. This follows several years of recurring layoffs and budget challenges. Interim Superintendent Dan Chaplik implemented financial and programmatic changes. The district secured additional state funding and grants. Enrollment has also increased, and new programs are being added.

Blaine, WA

https://www.cascadiadaily.com/2026/mar/29/blaine-schools-to-avoid-deep-cuts-this-year-after-years-of-layoffs/

Can I pick up my stuff from office after layoff email? Is there a grace period after accepting layoff terms.

The U.S. version of the 2026 Employee Engagement Survey will have two questions:

1. Why the heck are you still working here? Please leave.

2. What else can we do to you and your peers, in order to get you dummies to quit? We'll try anything!

An investment analyst forecasts significant layoffs at Novo Nordisk. Up to five thousand staff reductions are predicted within two years. This prediction follows a decline in future earnings expectations. The company needs to address its cost structure. This view comes from an analyst and economist.

https://medwatch.com/News/Pharma___Biotech/article19163186.ece

Takeda has begun a workforce reduction in the U.S. This action aims to save over $1.26 billion in annual costs. Approximately 634 roles at its U.S. headquarters are affected. This includes positions in Massachusetts and other states. Employee notifications started in March 2026, with changes effective July 2026.

Cambridge, Massachusetts

https://www.fiercepharma.com/pharma/takeda-begins-us-layoffs-part-massive-13b-restructuring

Do we know anything about Tulsa and whether it’s being chopped? Huge cavernous and dated building with a couple hundred people huddling on 2/4 floors in 1/5 wings. I guess we own the big tu-d but been trying to get rid of it for years. Odd that it don’t come up in these conversations about what offices are closing because it seems like the first one I’d get rid of

Sounds familiar. “Everyone I talked to is consumed by AI—either how to use it, how to pretend to use it, how much they hate using it, how it’s going to eliminate their position or their company’s product,” he said. 

https://www.wsj.com/business/how-working-in-america-became-so-joyless-a1976fd2?st=gtZ34P&reflink=article_copyURL_share

SB didn't get what he deserved, quite the opposite.

He has a golden parachute, which only pays out reliably IF/WHEN the company isn't in CH 7 or 11. Parachutes get trimmed down, and sometimes eliminated entirely in bankruptcy.

They didn't throw him out a window, they put him in a life raft. He'll get paid out, and after that, look for CH11. IF anyone here read up on his nonsense agreement and knows what the payout timeline is, please chime in. That is a good indicator of when they might be filing.

Anyone think Steve B leaving has anything to do with survey results? Everyone fill the survey out as scathingly as me?

What if you were told, "we are going to lay you off, should have been done already, but we have too much work at the moment. So, we need you here to do the work then we will lay you off."
This has actually happened in Tech under BT's watch.
The question is, would you put in 100% and do your best, or would you say "scr3w it, I'm marking my time since they don't want me"?
I think I'd be in the latter group. Having been told that is extremely harsh and super bad for morale. (although I don't think they care about morale)
What about the co-workers? How do you even face each other knowing the axe is hanging above heads?

layoff today in stanford. 1 person identified

Voluntarily(?). Louie in, and doesn't appear to be as Interim.

Too little, too late?

Can't blame him, everyone is jumping ship, why wouldn't he.

1.) Hire exec. team of highly compensated "friends" to virtue signal
2.) Create us vs 'them' environment
3.) Have numerous employee indoctrination meetings
4.) Spin-off non core businesses
5.) Quarterly lay-offs of 'them'
6.) Complain that Bryan isn't Chairmen of the Board

Rinse and repeat.

Layoffs are coming, not because AI has replaced any jobs, but because Jeremy Legg is simply not intelligent enough to implement AI in a cost effective manner. He has spent so much money attempting to implement something he knows nothing about that we will have to lay people off to save the balance sheet. R.I.P CDO, it was nice knowing you!

Stankey loves AI because it’s the only thing that tells him his ideas are good. We need more Dunning Kruger machines so we can make more incompetent business decisions to line the executives pockets, and we will spend billions to get there! Glory to Netanyahu!

A rare but rapidly spreading condition triggered when Michael Dell logs on, drops a “Go American” post, and starts sounding like he just got off a call with Donald Trump.

Symptoms include:

Immediate emotional spiral on internal boards

Writing a 9-paragraph manifesto no one asked for on the layoff site

Saying “this isn’t political” while being extremely political

Refreshing comments like it’s the stock ticker during earnings

Advanced stages:

Convincing yourself every product launch is now a campaign rally

Interpreting supply chain updates as coded political messaging

Believing your PowerEdge server has a voting preference

Diagnosis:
A corporate variant of Trump Derangement Syndrome but with more acronyms, fewer facts, and way worse comment sections.

Treatment:
Log off
Touch grass
Stay off layoff sites until mild sedation sets in

Im so sorry it happened to you. But at least you can warn others, and give a tiny slice of payback. They do care a lot about FIS' public image

The real number of layoffs in Jeff Simon's org just on 3/24 is roughly 600, not 400 as reported in other threads.

But don't worry, the India build out is full steam ahead. Shamelessly, they even got rid of people who went to India to help stand up the office.

Good luck to everyone.

https://www.edhat.com/beyond-local/news/california-toy-giant-mattel-inc-to-lay-off-65-employees-at-headquarters/#
Toy giant Mattel, the maker of Barbie and Hot Wheels, is laying off employees from its El Segundo headquarters, according to a notice to state authorities.

The company is expected to permanently lay off 65 employees from its headquarters located at 333 Continental Blvd in El Segundo, Los Angeles County, according to its official WARN notice.

Under the Worker Adjustment and Retraining Notification Act (WARN) Act, employers are legally mandated to provide a minimum of 60 days’ notice prior to plant closures, mass layoffs, or major relocations. The notice gives local agencies and staff time to prepare, according to WARN.

Mattel submitted the documentation on March 23, 2025, and it was processed the following day. The layoffs will be effective from May 22, 2026, the WARN filing showed.

This is the second time Mattel has laid off employees from its headquarters within a few months. In January 2026, the company laid off 89 employees, according to WARN filings.

Citing a Mattel spokesperson, a news report by Los Angeles Business Journal said that the layoffs in January were part of its effort to restructure its global brands team.

Most of the impacted employees held senior or executive positions, including significant roles on Barbie, action figures, and games teams, the report added.

In March 2025, Mattel laid off 120 workers from its headquarters, most of whom held positions like manager, director, and vice president, according to a Los Angeles Times report. The job losses were part of the cost-cutting effort as the company focused on maximizing its profits.

Citing Mattel spokesperson Catherine Frymark, the news report said that the company was targeting $200 million in cost savings by 2026.

Earlier layoff notices showed that Mattel reduced 439 employees from its El Segundo headquarters since 2020, according to the Los Angeles Business Journal.

Category 1: Layoffs news
Category 2: Stock price

They've been getting rid of the people who knew what they were doing, and consistently holding on to average performers. The remaining competent people are forced to take on most of the leftover workload, while slackers have the time of their lives. It's not only a management failure, it's a conscious decision at the top. The only reason people put up with it is because of the terrible job market. Sooner or later, however, something will have to give.

I mean, not really. Maybe on paper, to an extent. Paper is just the cover. It will be money based, without any long-term strategy, any concern for team cohesion and efficiency, and without any thought about talent retention. It’s the scrambling phase. Chickens coming home to roost for the string of bad decisions, driven by greed, grandiosity and mediocrity.

What's going on in pharmacy in reference to layoffs? I'm in the HD space...should I be concerned? It has changed so much.

Fiserv will dip below $50/share next week given horrible execution, bad employee morale, and irresponsible management incentives. Mike will take tens of millions of dollar home. Leaving shareholders holding the bag. Mike has promised no lay off, but now lay off is a routine feature. Mike has never bought a single share of our stock in the open market.
This ship called Fiserv, is going to zero.

Follow us-immigration slack channel.

USCIS is a joke.

Mexico done.

Anyone remember this!
Looks like they were pretty spot on, just delayed due to COVID.

Giving you a heads up
Sept 1-most Prof/Tech and Para's will start re-entering the building. Leadership will have been transitioning into the buildings starting July 12. Now leaders can meet in person to discuss the following!

November - TMs will start meeting with employees to discuss the new Future State Operating models- Fire re-org, HRU, Stewardship, Prox....Team Lead structure U/W, Auto/FIre, a lot less TM's-only in the specialized areas, no ratings for employees, like TMs are today, with just a percentage/EIP. Levels of leadership will start getting cut and there will be more targeted transitions for tenured TMs, SMs, and CMs. Most CMs and SMs jobs are gone. AFS and Sales Leaders jobs are basically going away too. Korn Ferry will be utilized to determine who stays and go! Estimatics is done and so are most of Prox-outsourced to third party vendors-transition plans will be offered or more reassignments.
January 1, 2022- Pension buy-out offers are coming and employees will get heads up. Take it, trust me! There will be some decent incentives, bridging, time service etc...will be your last chance. Will be tied to staying around a certain period of time depending on local/Hub/LOC/job function/level. Agents will start all selling Gainsco ins too!

What's left-over-2nd Quarter 2022 LOC will find out their final faiths-depend on how quickly they can be replaced in hub cities/need. Also job class changes coming for U/W and Claims across all levels. No more $90K Auto/Fire Underwriters or Claim Reps in Prop-Complex and/or TM's for $130K a year to clear task, review a letter or review a file! TL will handle for $50-$60! CCC consolidation etc....

3rd Quarter 2022- 100 years now and changes to agency contract. More bots to automate away a lot of easy claims functions and U/W is going to start getting a lot more automation-ST to ST transfers, all added cars, all new business, automation of RAS/non-renewals and sunsetting the error based processing system. Target number of 40,000 employees by end of 2022, down from our current 57,500 approx. today! 25% reduction overall, target has been around 10% a year give or take a few percentages/turnover.

Pucker up ladies, gents, transitioning....!!!! It's amazing what things are left unprotected on SharePoints sites if you know where to look! You haven't seen sh-t yet!

It seems like the people who can’t walk and chew gum at the same time remain blissfully employed at OpenText.

I received a great review and an above average merit increase. I was laid off.

I was the only person on my team who could do half of our tasks. I rarely missed work and was in the midst of a major project that was ahead schedule.

I saw many other high performers let go.

Even though being laid off su-ks, I am happy to be off the sinking ship.

Oh by the way, directors and above new was getting axed in January, if not sooner.

More layoffs at end of March 2026 after a previous round earlier this year. After being told no more layoffs, thee were apparently still more needed. Approximately 35-40 invited to a conference call and let go effective same day, and many with substantial years of service. I do know of at least 1 other person from another department that was not included in my group, but was laid off, so not really sure just how many were actually laid off company-wide in this round. A reason in the separation paperwork I received was that the company was going to be moving more work offshore - assuming to India like the other jobs offshored in the past. Perhaps not everyone's reason, but that's what my paperwork mentioned.