#layoffs

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Another round of layoffs

The pharmaceutical giant said in a filing with the New Jersey Department of Labor & Workforce Development, it expects to let go 247 employees between May and December.

BMS did not say which positions it will target or at which locations the reductions will take place.

https://njbiz.com/bristol-myers-squibb-nj-layoffs-cost-cutting/


Not sure which is the worse option

If I'm laid off, I have to deal with one of the worst job markets in a long while but at least there's severance to lessen the pain. If I'm not laid off but others on my team are, at least I'll still have a job but at what price? We'll be expected to pick up the extra work and I highly doubt we'll be getting any kind of extra compensation. And I'm overworked as it is. There's really no good option here.


SFUSD Superintendent Seeks Approval for 42 Layoffs

SFUSD Superintendent Maria Su plans to seek approval for preliminary layoff notices. The proposal affects 42 employees and staff. This announcement follows one week after a teachers' strike concluded. A 6% enrollment drop over five years is cited as the reason. Final layoff decisions are expected in May.

https://sfstandard.com/2026/02/21/sfusd-may-lay-42-staffers-just-week-teachers-strike-ended/


Sycamore Partners Working Hard

Oh, well...

  • Walgreens is laying off 469 employees across multiple states following its acquisition by Sycamore Partners, adding to prior job cuts and store closures.
  • Since the buyout closed last August, Walgreens has reduced its footprint from about 8,500 stores and 220,000 employees to roughly 8,000 stores and 211,000 workers.
  • The Private Equity Stakeholder Project warned that earlier cost cutting steps, including holiday pay reductions, signaled deeper workforce reductions under private equity ownership.

Jelly Belly Cuts 69 Fairfield Corporate Jobs

Jelly Belly will lay off 69 employees at its Fairfield operations. These layoffs begin in June and affect corporate-commercial operations. Roles in accounting, sales, marketing, and purchasing will be cut. Manufacturing, warehousing, and visitor center staff are not impacted. Layoffs will continue in sequences until January 2027.

https://www.sacbee.com/news/business/article314806241.html


Regional Transportation District Plans Job Cuts

The Regional Transportation District (RTD) faces a significant $250 million budget shortfall. The agency launched an Optimization and Sustainability Plan to address this deficit. This plan involves restructuring operations and eliminating certain vacant and filled positions. Estimated savings from this realignment are approximately $10.7 million. The union representing RTD employees has not yet been contacted about potential layoffs.

https://www.cpr.org/2026/02/22/rtd-layoffs-250-million-dollar-shortfall/


About 160 UW Jobs at Risk Under Proposed Budget

About 160 workers at the University of Wyoming may face layoffs if the current draft of the state’s two-year budget becomes law, according to a provost.

https://www.wyomingpublicmedia.org/politics-government/2026-02-02/roughly-160-uw-employees-could-lose-their-jobs-if-proposed-budget-passes-provost-says


RRP and Laid Off Question

Hello

Would appreciate any information someone can give me. I was unfortunately laid off; effective November 13, 2025. I remained employed past the September qualification date. My Severance agreement DID NOT state anything about receiving or not receiving an RRP. My question, is there someone here who has been laid off and told they would be receiving their RRP? I called the employee resource line and the rep seemed convinced that I should get it...just looking for another opinion... Thank you in advance


Broward Schools Staffing Cutbacks Planned

Broward County Public Schools plans to reduce its workforce. The district aims to eliminate 1,000 positions. This reduction will occur through attrition, layoffs, and non-renewals. An $80 million budget deficit and declining enrollment drive these decisions. Teachers are not included in the planned layoffs.

https://www.pembrokepinesflnews.com/news/local/article314757608.html


Walgreens Cuts Hundreds of Jobs After Private Equity Acquisition

Walgreens is laying off hundreds of employees. These job cuts affect staff in Texas and Illinois. A WARN notice indicates 159 layoffs in Houston. An additional 469 positions are being eliminated in Illinois. These actions follow the company's acquisition by Sycamore Partners.
Houston, Texas

https://www.healthcarefinancenews.com/news/walgreens-lay-hundreds-across-two-states


Severance

Can anyone share severance amount in terms of months given? We should help each other in terms of fairness. I know there are difference regulations by countries, so if you could just share the amount you received and whether there is a formal regulation about severance in your country.
Thank you.


Boston Metal Lays Off 71 Due to Funding Loss

Boston Metal will lay off 71 employees. This follows an industrial accident at a Brazilian facility. The accident caused critical equipment failure and halted operations. It also led the company to miss a key operational milestone. As a result, Boston Metal lost access to essential committed capital.

https://www.masslive.com/business/2026/02/industrial-accident-forces-71-layoffs-at-mass-metal-company.html


BMS to Lay Off 247 More New Jersey Employees

Bristol Myers Squibb announced another round of layoffs. The pharmaceutical company will cut 247 jobs in New Jersey. These reductions will occur between May and December. This is part of a strategic $2 billion cost-cutting initiative. The company has already eliminated over 1,200 New Jersey positions.

https://njbiz.com/bristol-myers-squibb-nj-layoffs-cost-cutting/


Fresno Unified Faces Job Cuts, Budget Deficit

Fresno Unified's Board of Education will vote on potential job cuts. These layoffs are planned for the 2026/27 school year. The district faces a projected $59 million deficit. The board will also consider a new student cellphone policy. Additionally, they plan to vote on opposing the city's SEDA development.

https://fresnoland.org/2026/02/23/fresno-unified-layoffs-2/


Quiet layoffs at CTC

Layoffs appear to have resumed at the Celle Technology Center. Unfortunately, there is no transparency regarding the scale of these reductions or the strategic path forward. It is disappointing to see the Works Council remain so quiet; At the very least, don’t they have a responsibility to inform the people they represent!


Grade 26 and below - the frustration

I work in optum insight. I was moved to new team due to a restructure last year.
3 other people on the team have a job title that is 1 above, so they are eligible for bonus and I am not, along with 2 others.
This means we all work very similar roles, with now more pressure due to layoffs, and I get a 1.5% raise and no RRP due to my level, while they get 5k or more bonuses plus possible merit and a bigger base salary.

Why would I ever work hard when 3 other people are getting bonuses while me and others are not? For almost identical work. It would be different if they did a different job, but with the restructuring, our jobs are basically the same now with the same goals and metrics.
I am at the point of being extremely bitter.
Someone make this make sense at all.


Insanity!

This place is insane! Every Monday... I can't sleep the night before and just dread this place. State Farm has absolutely no clue what it is doing. There is always a systems problem, always some update waiting to be downloaded messing up some application. Over the last 13 years the people they are hiring are just absolute trash, bottom of the barrel burger flippers. 2040 and DEI outcasts. The agent's are completely useless and cause so many issues you can barely do you job due to their meddling. Training is awful, traffic and cost of living is horrendous in the hubs and we get paid the same as fully remote workers but have thousands of dollars in additional expense. Now it's all about emotions and feelings and surveys asking you about things they never have any intention of changing. You need to better manage your health to adapt to all the stress they are going to cause and never offer anything to make the work environment better.
State Farm is like a bad dream you never wake up from and the madness never stops. Just constant organized chaos and it's hard to believe this company is even in business. I still can't believe they destroyed this once great company. This place continues to be a soul su-king sh-t hole. They are basically openly hostile to anyone that tells them their baby is ugly and keep doubling down on a completely failed business model. I wish they would offer some form of voluntary severance. Just stop the suffering. Pathetic really, JF and his minions are joke for an era and legacy that need to be removed like a cancerous growth and they just continue to stain and destroy everything they touch. Mo--ns, just absolute mo--ns!


What's happening with 220?

It's clear they're either going to gut it or tear it down, it's just a matter of time. Why else would they have only like 3 (above ground) floors in service? It's weird hearing about how some functions don't have desks but we've got 10 empty floors in 220. This feels like a metaphor for... something.


My Team Lead clearly used AI to write my appraisal and now I’m convinced he will be replaced by AI.

My team lead, a nice guy but not the sharpest, decided to do my appraisal this morning. As usual, everything was “fine.” Lots of fluff and no real substance, except for one thing. He kept stumbling over words and mispronouncing them.

It was obvious he had no idea what he was saying. It sounded like a seven-year-old reading their first chapter book, except the words were not even difficult. It was honestly embarrassing to sit there and deal with him.

At that point, it became clear that he did not get the position based on performance.

It was pathetic. I understand using AI to clean up grammar or help organize your thoughts, but having it actually write the whole thing for you? No.

If anything, AI will replace low-level managers before it replaces the people actually doing the work. That is crystal clear to me now.


Unlimited PTO is not the problem

Why aren't we complaining about the laughable 401K match or the limited medical coverage? CDW could contribute $10K to our 401k's today and that would mean more to me than a few days of vacation pay when I leave, or beef up the medical or just give reasonable cola increases? 3% isn't close to actual anything when our base pay isn't even average ---so maybe we should focus on overall benefits that would be incentives to stay.
Calling them merit raises is insulting to people who work hard for this company and get little recognition, but we always seem to find the big money to pay those directors and vp's . Cut the exec pay and use it to pay the people who do the work, then we could have less need for layoffs


It’s the budget, band 4’s be aware

Cigna no longer looks at performance anymore. You either are a stellar performer or a terrible one, if you make too much that’s thier budget they need to cut. If you make a little less they’ll keep you and pile on that other persons work they just let go. They layoff based on budget now so if you make a lot be warned.


Better find someone quick....

Seems that the only thing that might save the stock going to $60 would be a CEO announcement, on the other hand, that might just send the stock to $50. Especially if someone internal gets promoted, cause these execs here are WORTHLESS.

What does the team team team think? Team? AAR that please. LOL.

Let's just bring in another 50 ex-Cisco sellers and a few more CAPidiots. Cause we have made a strategic investment to pump you up.


Helix Giveaway

Roll up, roll up. In true circus fashion this is your last chance one time entry to pick up the scraps at the bottom of the barrel. Every P.T. Barnum trick has been played and the show will close soon…. Just $1.5bn and we will put you all out of your misery.


Poudre School District Considers Staff Reductions

Poudre School District's Board of Education will vote on authorizing teacher layoffs. This vote is scheduled for the 2026-27 school year. The district faces a potential budget cut of up to $17 million. Declining enrollment and reduced state funding cause this shortfall. Authorization allows the district to provide advance notice to affected employees.

https://www.coloradoan.com/story/news/education/2026/02/22/poudre-school-district-board-of-education-to-vote-on-teacher-layoffs-for-2026-27-school-year/88786496007/


Ageism

https://hbr.org/2018/11/when-no-one-retires

“Yet the flawed perceptions persist, a byproduct of stubborn and pervasive ageism. Positive attributes of older workers are crowded out by negative stereotypes that infect work settings and devalue older adults in a youth-oriented culture. Older adults regularly find themselves on the losing end of hiring decisions, promotions, and even volunteer opportunities.

Research from AARP found that approxi­mately two-thirds of workers ages 45 to 74 said they have seen or experienced age discrimina­tion in the workplace. Of those, a remarkable 92% said age discrimination is very, or somewhat, common. Research for the Federal Reserve Bank of San Francisco backs this up. A study involving 40,000 made-up résumés found compelling evidence that older applicants, especially women, suffer consistent age discrimination. A case in point is IBM, which is currently facing allegations of using improper practices to marginalize and terminate older workers.”


End of March Layoffs

Take this with a grain of salt but I heard from two unrelated sources that there will be a 1K cut at the end of March with the focus on mgmt (Dirs, SVPs...) We'll know soon enough but that layer is fairly fat and this is exactly where they would get the biggest bang for the buck (and the impact will be minimal).