#layoffs

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I genuinely can't remember a time things felt worse

I'm barely present. I've run out of caring. We've bled talent, and management spins it as a win. Following that logic, the company will peak the moment the last person walks out. Beyond that, nothing adds up. So many things could be done better and smarter. But no one's interested. So why the he-l should I be?


CREB

Have a couple of friends in CREB, and it sounds terrible over there. One was telling of an opening whereby the workload would quadruple from her current load, with no pay raise whatsoever if she took the job. Also heard today of a very senior leader leaving and his role is not being replaced, but instead his duties will roll up to his manager going forward, who lives on the other side of the country. Sounds like morale is in the toilet as well within that group because of workload with continued reductions in total compensation. They all agreed that nobody is happy and basically everyone is looking to leave when they get the chance. Ouch.


Dell is dying / dead

Everybody knows it. Continuous layoffs. Plummeting stock price. Customers pulling Dell footprint. No innovation. No enterprise solution portfolio worh a sh-t. Quality hemoraging. Support on life support. Clueless leadership. No AI relevance. Just low-cost, low-margin cheap hardware, that's it. To be honest, that's all Dell really ever was.


Delusional - standing ovation!

SF isn’t going anywhere: she appears committed to steering the company in the wrong direction, alongside her puppet minions; Toohey, Kehoe and Beatty.

We exceeded our targets largely because we reduced the workforce by 15k. The employees who remain are carrying significantly heavier workloads, with more responsibilities on their plates and no meaningful automation or improved processes to support them. New ways of working is just a facade.

We’ve invested millions in McKinsey, including commissions tied to projected savings effectively keeping them afloat only to see consultants and leadership reverse course on recommendations made two to three years ago. Well done Chief Executive officer and Chief financial officer!

We position ourselves as a global company, yet we don’t truly operate like one. Investment in senior roles and promotions is heavily concentrated in the U.S., while long-standing employees in other regions are seeing their roles downgraded and the value of their careers diminished. Let’s applaud our chief of people!

There also seems to be a disconnect even a sense of delusion in celebrating a 73% “recommend as a place to work” score. Many employees are worried about job security, have seen benefits reduced, and are under constant pressure from managers to “just get on with it.” The prevailing sentiment is that FIS does not genuinely care about its people. Well done chief of people!

And yet, we’re setting a goal to increase client NPS by 10 points. We’re still in negative territory the ambition appears to be to frustrate clients slightly less, rather than meaningfully improve their experience. Well done chief of clients!


Stiffing our employees

Now we aren't paying photographers and more. Of course we blame the court. The large brands made a deal...so billions not going to be paid and it's only started
Meanwhile Bloomingdale's alone featuring 35 new brands on 3 floors in. NYC and it's only the start.. Nordstrom also featuring thousands of new items unlike before.


Lane Fire Authority Considers Layoffs After Levy Defeat

Lane Fire Authority (LFA) has paused employee vacation approvals. This action stems from ongoing funding concerns. Voters will decide on an increased operations levy in May. The same levy proposal failed to pass in November. LFA warns of staff layoffs and further service cuts if the levy does not pass.

https://kval.com/news/local/lane-fire-authority-pauses-staff-vacation-approvals-warns-of-layoffs-if-levy-doesnt-pass


San Juan Unified Weighs Staff Cuts

The San Juan Unified School District board will discuss eliminating up to 320 full-time positions. The meeting will take place in Carmichael on Tuesday. The potential cuts are due to budget concerns. Positions include counselors, teachers, and instructional assistants. Some affected roles were funded by expired COVID-19 grants.

https://www.sacbee.com/news/local/education/article314777097.html


Amazon, Kroger Lead Illinois Layoffs Totaling Over 2,000

Six companies reported mass layoff plans in Illinois last month. These layoffs are expected to impact over 2,000 workers statewide. Amazon is closing ten Amazon Fresh stores, affecting 1,545 employees. Kroger also announced the closure of its Maywood delivery hub, laying off 72 workers. Alton Steel faces an investigation for potential WARN Act violations after laying off 253 employees.

https://www.pjstar.com/story/news/state/2026/02/24/amazon-and-kroger-laying-off-illinois-employees/88661663007/


Nexstar Cuts WGN TV On-Air Staff in Chicago

WGN TV laid off 8-9 on-air employees on Monday. This follows previous layoffs of behind-the-scenes staff. Parent company Nexstar is currently merging with Tegna. The cuts aim to reduce costs due to anticipated debt from the merger. Nexstar also carries debt from its 2019 Tribune Media acquisition.

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


How is it going in Verizon India

Leaders are clueless. Everything is a priority as everyone needs to save themselves. No support from your supervisor. Only burnout remains with us. Layoff or rebadging dates are mystery.

Save yourself and find an opportunity outside. Otherwise you will also be thrown out as Shankar's photo from cafeteria. Don't get used in place where is absolute no clarity. Invest only on yourself


The layoffs can be stopped

To know you‘re close to the end is a kind of freedom

You don’t know how strong you are until strength is your only option

It is difficult to get people to demand change when their salary depends on them not understanding it

We are replaceable, but our unique value can make us irreplaceable if we fight together

Who will step up and create a voice for us to demand change? I‘ll be waiting patiently.


Technology Layoffs Today

The Ohio and Riverwoods based Discover Card Technology teams took a decent hit today. Sent them an email to join a meeting this morning and gave them the news, then said there would be a meeting later in the day with the severance details. It’s late in the day and still no details - lol. Class act!


Maersk Layoffs: 1,000+ Jobs Cut After 2025 Losses

The global container shipping industry is at a pivotal moment. After years of prosperity fueled by pandemic-era logistical disruptions, the so-called “golden age” is drawing to a close and the impact is already being felt by industry giants like Maersk. The Danish shipping company recently announced a workforce reduction of over 1,000 employees, following a challenging 2025, signaling a shift towards a novel phase characterized by fleet overcapacity, declining freight rates, and the need for structural adjustments.

https://www.world-today-journal.com/maersk-layoffs-1000-jobs-cut-after-2025-losses-shipping-industry-downturn/


Walgreens Accelerates Restructuring as Sycamore Partners Intensifies Store Closures and Corporate Layoffs

In a move that underscores the continued volatility of the American retail pharmacy landscape, the newly private Walgreens Boots Alliance has announced a significant expansion of its workforce reductions and a finalized timeline for its massive store closure initiative. Under the leadership of the private equity firm Sycamore Partners, which completed a landmark $10 billion acquisition of the company in August 2025, Walgreens is slashing hundreds of additional corporate roles and shuttering a major distribution hub as it battles the systemic pressures that have already claimed several of its former peers.

https://markets.financialcontent.com/sandiego/article/marketminute-2026-2-23-walgreens-accelerates-restructuring-as-sycamore-partners-intensifies-store-closures-and-corporate-layoffs


More layoffs at Lucid

Lucid is cutting 12% of its workforce, with more than 300 layoffs affecting workers at or reporting to its Newark headquarters.

The electric-car maker is cutting more than 300 Bay Area positions, with 200 coming from engineering alone.

https://www.bizjournals.com/sanfrancisco/news/2026/02/23/lucid-layoffs-newark-warn-letters.html