#layoffs

TrueCar today reduced its staff by 30%. This action follows the company's recent privatization. Founder Scott Painter led a $227 million acquisition of the company. Painter also rejoined TrueCar as its chief executive. New leadership reevaluated operations, leading to these layoffs.

https://www.autofinancenews.net/allposts/risk-management/truecar-lays-off-30-of-staff-amid-reorganization/

Jackson Family Wines closed its Carneros Hill Winery. This action resulted in 13 employee layoffs. The company stated the facility was underutilized. Operations were consolidated due to this. This marks the fourth major California wine company layoff this year.

https://www.sfchronicle.com/food/wine/article/jackson-family-wines-layoffs-21938811.php

C3.ai announced job reductions at its headquarters. A WARN document detailed 71 impacted employees. The layoffs impacted data science and engineering staff. The company seeks a turnaround amid financial challenges. Its revenue and stock value have both fallen.

https://www.sfgate.com/tech/article/c3-ai-layoffs-21939617.php

It’s simply not worth it. Don’t let this mismanaged menagerie put you in the ground. While they shove more work and a 1% raise at you (while the CEO cleared nearly 30mm in 2024 per the 10k published). You’re doing time here that’s it. There is no future any longer working for PepsiCo - it’s just a name on a C.V. that looks good. When the economy picks up - they might as well just leave the exit door opened.

The Anchorage School Board approved significant budget reductions. This plan includes over 500 staff cuts, with more than 300 teachers affected. Three elementary schools will also close: Fire Lake, Lake Otis, and Campbell STEM. These measures address a $90 million budget deficit. Funding from closures helped preserve many sports programs and some nurse positions.

https://alaskapublic.org/news/education/2026-02-24/anchorage-school-board-approves-severe-budget-with-hundreds-of-staff-layoffs-and-3-school-closures

I was laid off in November from the Midland office and it's honestly been a blessing in disguise. Fortunately I got hired on a new job very quickly but I do miss the people I worked with. With my new career path its so nice to be fully utilized and not be bottlenecked by discipline engineering and needing the approval of 3 different departments to do something. I forgot how nice it was to not work for a corporation.

Part of the 12/19 group.

Of course once it's deposited in my TOD acct isn't thousands lower....smh.

Anyone else?

It's frustrating when people claim layoffs are about performance. My whole department, from the VP down, got cut in the last round. We had strong reviews and bonuses to show for it. Sometimes it's just pure cost cutting with zero regard for who actually does good work. Spreading that performance narrative just kicks people when they're already down.

Were you able to find new jobs? I was just laid off, and the job market looks daunting. I could really use some positive news.

There was a time when retiring here felt guaranteed. That hasn’t been true for at least a decade. With constant layoffs, retirement feels like a distant luxury. Most of us are too busy worrying about what tomorrow might bring to think that far ahead. That’s the reality we’re living in.

So today was the first day of phase 1 of this bank restructuring/re-org. Not only was my team disbanded, but our BA & BBPC were impacted on January 28, and those 2 did a ton of work and were the main reasons we were able to closeout our 6 issues on time last year. With them now gone, someone has to pick up that work, so it landed on ME! So now I’m on this new team, handling a different product, so not only I’m I having to learn this product, but the work from our BA & BBPC still falls on me, I asked my new ED about this, she only said “we haven’t fully thought all this out yet, but stick with us, we’re all learning on the spot.”

Learning on the spot, what genius thought this re-org was a great idea? Was it Mike Moran and the 3rd party consultant group he brought in last year? This is going to be a huge cluster f_ck before it’s all said and done.

eBay will be laying off 800 or 6% of its work force. The S#@$

Not a good place to work

Are we in massive debt over HIH? Is that why so many quality people are being laid off? To pay off that debt?

Which teams, functions?

Any upcoming layoffs In Texas?

With the CIO shown the exit door, who will do more lay offs now in IT?

WGN TV Reduces On-Air Staff, Nine Employees Affected

WGN TV recently laid off nine on-air employees. This group included well-known personalities such as Dean Richards and Chris Boden. The cuts follow earlier reductions among behind-the-scenes staff. Parent company Nexstar is pursuing a merger with Tegna. These actions aim to manage debt from current and planned acquisitions.

Chicago, Illinois

https://chicago.suntimes.com/sports-media/2026/02/23/wgn-tv-chicago-layoffs-chicagos-very-own-channel-9-nexstar-tegna

Nexstar Media Group | NXST

Abby couldn’t manage people and let the company go down the toilet. She was afraid to lay people off and that is what’s responsible for the current culture.

Just saw that the Beat scheduled for 2/25/2026 was canceled for “leader training”. I guess the ELT is coaching them what to say for the upcoming layoff.

KC site to layoff ~150 employees over the next 3 years. This is roughly 1/3 of the site. Any more specific news?

Well 5 done March 13th here at the country club good luck to you all 🙏. Not sure how many at the Resort.

A U.S. software engineer costs 3–6× more than an equivalent engineer in India, with the gap largest at junior levels (5–6×) and narrower for seniors (3–4×). Senior roles are often cut first for maximum savings, followed by juniors, then managers once IC layers shrink. Even modest offshoring saves tens of millions annually despite coordination, time zone, and attrition challenges.

The key question: is your work worth 3–6× the cost? If the answer is yes, then you are safe.

How did I get these numbers? Pick your favorite AI model and paste this prompt.

Prompt

Search the web and retrieve the latest (2024–2026) median total compensation data for Software Engineers in India and the United States at the following US-based companies:
Tier 1 (Top-Tier Big Tech):
• Google
• Meta
• Amazon
• Apple
• Microsoft
Tier 2 (Strong Product / Upper Mid-Tier):
• LinkedIn
• Salesforce
• Uber
• Nvidia
• Adobe
Tier 3 (Established US Tech / Enterprise / Platform Companies):
• Oracle
• Cisco
• Qualcomm
• Walmart Global Tech
• Intuit
For each company:

1. Provide median total compensation in India and in the U.S. in USD.
2. Break it down by role level:
   o Entry (0–2 years, L3/IC1 equivalent)
   o Mid (2–5 years, L4/IC2 equivalent)
   o Senior (5–8 years, L5/IC3 equivalent)
   o Staff/Principal (8+ years, L6+/IC4+ equivalent)
3. For each level, include:
   o Median Base Salary (USD)
   o Median Annualized RSU/Stock (USD)
   o Median Bonus (USD)
   o Median Total Compensation (USD)
4. Calculate the ratio: U.S. median total compensation ÷ India median total compensation for each level — i.e., how many times U.S. employees are more expensive than Indian employees.
5. Use data only from:
   o Levels.fyi
   o Glassdoor
   o Blind
   o AmbitionBox
   o Official compensation reports (if available)
6. Cite all sources with direct URLs.
7. Clearly mention the number of data points used (if available).
8. Convert INR → USD using the current exchange rate and state the rate used.
9. If level mapping differs across companies, normalize levels to the four categories above.
10. Present results in well-structured tables, grouped by company tier.
11. Flag where data is incomplete or sample size is small.

On the call with Kevin today, they said the layoffs have already started. Has anyone on here been hit yet that can speak to what the severance packets look like?

Nike's motto is "Just do it". Today we learned that Sabre's new motto is "Just AI it". Perfect.

How are we supposed to get the work done after you laid off all the people who could do the work.

Just AI it.

Have you ever used AI to do anything that needed to not onky be done but also done correctly without AI slop hallucinations?

Just AI it.

Just 10x it by using AI

Just agenticly AI it

Just vibe code it

Hey how do we get the stock price back up to $20?

Just AI it?

I can tell you what, AI could replace you and your ivory tower AI fantasies.

For those of us living in the real world, no we cannot just AI it.

There’s been about 1,500 let go in the first two rounds So if the “2000 employees by end of February” is accurate, then yes, there will be more.
OP: @ar+1kj82pds4

I don't wish job loss on anyone, but it's always the grunts who get sc--wed. Management has been bloated forever, and some roles won't be missed, AI or not. If those of us doing the actual work, for the least pay, can keep our jobs given how tough the market is, I'm okay with it. People with bigger salaries can weather unemployment longer. Most of us can't survive more than a month or two.

The cuts around me were completely senseless. They kept some redundant positions, yet laid off people who seemed indispensable, either because of what they brought or the role they filled.

Appears to be same group of IOL leadership in a private all day meeting at quarry park same group that met a month before they announced the layoffs meeting today. I’d normally say just a re group but they set it to private. Anyone know what else they cooking besides our careers?

How many were impacted? Anyone know?

I honestly don’t recognise the FIS that is referenced on this site.
Sure there are layoffs which su-ks, but I work from home on interesting stuff, get paid pretty well and have a work life balance that I choose. I could get let go at any time but that’s life, it’s not like only FIS has RIFs.
There are some long rambling posts on here that seem more like a writing exercise than a true reflection of how things are.
It’s a job, not a marriage.

Will be communicated through unions and worker councils depending on local laws. That's what I heard but do not know how the numbers break down.

hearing there are layoffs today. anybody confirm?

Is anyone aware of any upcoming layoffs? I’m looking for concrete information.

If you believe the layoffs are less than 20%, then either you’re seriously misinformed or you’re not actually working at Qualcomm.

And if you’ve been here for more than 10 years, be careful- you could be in trouble.

The cover story for layoffs is that the financial incompetence of leadership led to layoffs, but, in fact, the impact of layoffs seems to be a rise in Authoritarian management practices (do this or we’ll axe you, whether you like it or not), which leads one to wonder if that was not always the point?
Foreigners in management coming from corrupt and inbred home countries cannot be expected to understand the drive and spirit that made Silicon Valley unique and powerful, so, in the mockery of imitating greatness, they replace inspiration with the whip?

I can’t wait to leave