#layoffs

Barclays' new chief executive announced a fresh course for the British lender. He pledged to cut at least 3,700 jobs. The bank will also prune its investment banking division. This aims to rebuild its reputation and boost profitability. The CEO stated ethics would now precede earnings.

https://www.aol.com/news/2013-02-12-barclays-job-cuts-layoffs.html

Mo--ngo Unified School District (MUSD) Board of Trustees met recently. Union representatives voiced concerns regarding budget and staffing decisions. The California School Employees Association (CSEA) protested the layoff of five health techs. Mo--ngo Teachers Association (MTA) advocated for fair teacher compensation and smaller class sizes. Despite these concerns, the Board unanimously approved the CSEA/MUSD tentative agreement.

https://z1077fm.com/teacher-associations-give-strong-arguments-for-smaller-class-sizes-and-against-staff-layoffs-musd-board-approves-tentative-agreement/

UK unemployment reached 5.2%, a five-year high. The retail sector lost 74,000 jobs year-on-year. Businesses attribute these job losses to higher labor costs. Increased National Insurance contributions and minimum wage hikes impacted hiring. Younger workers and consumer-facing businesses are most affected.

https://internetretailing.net/retail-layoffs-mount-as-uk-unemployment-climbs-to-five-year-peak/

UK

Today is the day, many stores will be sharing job eliminations. Good luck to everyone!!

Denver-based Angi Inc. announced 350 layoffs this quarter. The company cited AI-driven efficiency improvements as the primary reason for these cuts. These reductions are projected to save Angi up to $80 million annually. Separately, the National Laboratory of the Rockies cut 134 employees. This was the lab's second round of layoffs in less than a year.

https://www.9news.com/article/money/business-brief/ai-layoffs-denver-economic-aftershocks-golden/73-4fa0ec3c-2fb9-484a-9cec-dd6b6feed6ea

TX area. Meeting was scheduled hour in advance.

Layoffs today across UKG, mostly focused on CX/New Logo Implementation. God Speed.

The recent news about the joint venture of TPG, states that IPCo (A bankruptcy mechanism organization) now owns Xerox IPO.

In the new agreement there is a revenue covenant clause, that states certain thresholds for maintaining branded revenue (Excludes Lexmark, Fittle etc.)

The thresholds are as follows:
June 30: $2.578B
September 30: $3.852B
December 31: $5.225B

If Xerox fails to meet these revenue tresholds, the SSLA requires IPCo to initiate an event of default.

In otherwords, if Xerox does not meet the $5.225B brand line revenue in 2026 they will be going into default.

In 2025 Xerox did roughly $5.5B in brand line revenue. In other words: Does the brand line revenue decline with more than 5% this year again a default event will happen.

With the mass layoffs, mainly on the Xerox side, this is highly likely to happen.

In other words, we are now within the last 12 months.

The culling cycle continues.

J. Simon org.

Someone said “right after Super Bowl”… they weren’t kidding. “Best quarter ever” earnings report… stock even went up… still no safety.

If it's cost performance, it should hit the MD D SVPs isn't it.why i see only VP getting affected

New leaders will come up with a aligned strategy to transform this organization. That also means coming up metrics that can be measured consistently and monitored. Next six months are critical for the company. I assume there might be further reductions due to realignment but time will tell.

Today, I just expect them to introduce department leaders and vision & mission for each department.

We all have to contribute tremendously to turn this company around. If we don’t then there is a risk that we wont have the “W” near our house.

What you can do to save yourself from layoff is to make their strategy successful.
You can work hard but working smart and being strategic is more important.

Roche is currently undergoing a significant global restructuring of its Roche Digital Technology (RDT) organization (former Roche global IT). Under the leadership of Wafaa Mamili, the company is centralizing operations through a new technology hub in Hyderabad, India. While total headcount is projected to grow globally, this strategy involves substantial workforce reductions at key sites, including Basel, Mississauga, South San Francisco, Mannheim, Costa Rica and more.
These transitions, which also include the departure of high-level and high-performing specialists and long-term contributors, are expected to continue throughout 2026 in accordance with local labor regulations and social plans. It may no longer be a "great place to work" especially for IT specialists.

All you hear is “there’s a storm a comin”, whatever. What most managers don’t realize or don’t care to realize is that for now things are slanted one way…..for now.
There is a storm coming, yeah, I get it, layoffs.

After the dust settles, there’s another story to tell coming from the employees. Things will be slanted the other way.

Many of us got an email today stating that we are to start evaluating AI responses and tagging cases so that we can give feedback as to why articles are not leading to resolutions.

It is being framed like AI is going to be a tool that helps us do our jobs better. It is very clear that we are training our replacements.

It would be wise for anyone in support to start coming up with a plan b.

If you do the math, look at the earnings of recent quarters, then you realise it really is only a matter of time……..

I’m concerned about where this extension is headed .Would like to know if there maybe a strike or not .Im holding off doing anything with my personal situation till we know.Its getting kinda old sleeping in the garage parking lot and showering in the bathrooms .Unfortunately cannot make a commitment till sure I won’t be out of a pay check.Unfortunately situation was made worse by divorce so would prefer not to have to strike but we haven’t been given any info

It's happening this week across Europe. Mainly sales. And the world is this is round 1.

Updates anyone?

So far in 2025, layoffs and discharges total 102,000 in Rhode Island, which is 36% higher than the same period in 2024.

https://usafacts.org/answers/how-many-people-are-laid-off-each-month/state/rhode-island/

Fortune reported Binance fired compliance staff over Iran sanctions violations. The report claimed $1 billion in USDT linked to Iran flowed through Binance. Binance co-CEO Richard Teng publicly denied these allegations. The company stated its internal review found no sanctions violations. Binance neither confirmed nor denied general layoffs but clarified they are unrelated to sanctions.

https://incrypted.com/en/binance-has-denied-rumors-of-staff-layoffs-and-sanctions-violations-involving-iran/

New unemployment claims in Washington ticked up last week, according to the U.S. Department of Labor. Initial filings climbed to 6,643 for the week ending Feb. 7, compared with 6,294 the week before.

https://www.msn.com/en-us/money/markets/unemployment-claims-in-washington-increased-last-week/ar-AA1WjUaV

Harbinger, a modular homebuilder, warned of potential job cuts. The company may cut 290 workers. These layoffs would impact Solano County. Solano County is already experiencing significant job losses. The region faces ongoing economic struggles.

https://www.bizjournals.com/sanfrancisco/news/2026/02/16/solano-county-harbinger-warn-notice.html

Lowe's announced a mass layoff affecting about 600 corporate and tech workers. Approximately 38% of these job cuts impact the Charlotte region. This includes positions at its Mooresville headquarters and Charlotte Tech Hub. The layoffs represent less than 1% of Lowe's total workforce. Affected employees will receive financial assistance and career transition resources.

https://www.charlotteobserver.com/news/business/article314721015.html

I think some teams are seriously down to bare metal. I'm not sure how we can get leaner. I'm one of the few test engineers left in the USA

Tomorrow is the next layoff date. I expect it will be focused on non-bonus eligible people and 3/3 will focus on those who
are bonus eligible. They want to see who takes the bonus and run. They are counting on it. Best of luck all.

It’s all about the stock price. We’re just cattle. Layoffs will be a yearly recurring thing.

Georgia-based Janus International Group Inc. (NYSE: JBI) — which makes self-storage and commercial industrial doors, relocatable storage units and other storage facility solutions — is initiating a “mass layoff” at its facility at 8018 Breen Drive in Houston.

https://www.khou.com/article/money/business/houston-business-journal/houston-storage-facility-janus-layoffs/285-be4fef4e-e49b-4c78-937f-17938b8d795e

Is Midland or Odessa doing similar layoffs?

More and more layoffs. Not a well-run facility and not a good place to work.

When management mismanages money employees must be eliminated.

Oracle Government, Defense and Intelligence (GDI) Federal Sales -- Any layoffs?

This company operates with an outdated mindset, and as a former Pershing Advisor Solutions employee, I saw firsthand how deeply the issues run. Strong performers were often pushed out or left on their own, while promotions frequently went to individuals who simply filled gaps rather than elevated the organization.

Middle management was routinely pressured to give artificially low performance ratings so directors could meet layoff quotas—often without offering appropriate severance. The result is a culture where talented people feel undervalued and unsupported.

It’s disappointing to watch, and I genuinely encourage high‑performing employees to explore opportunities elsewhere where their contributions will be recognized and rewarded.

On my team especially after 1/29 layoffs. Anyone else?

With decisions centralising and more governance and finance leadership coming in, what outcomes have people seen in similar situations — tighter oversight only, portfolio moves, or does this usually end in restructuring and layoffs?

Companies today have seen the challenges with the US economy due to the ongoing tariffs.

Very quietly though have you realize the backlash against the American worker? Canon USA Inc. is holding it against the American workers by continuing to layoff and outsource to contractors in the Philippines.

In addition, we have not received one publication from corporate that didn’t mention the tariffs. The continued downsizing of the American working people is a direct response to the American government.

The company is currently being investigated in Melville for their layoffs that may result in the loss of the tax breaks they received when we moved our corporate HQ.

Canon USA Inc. knows they need to be here for business but doesn’t want to play ball with the people of our country. It’s a sad reality but you may be the next move they make in what they label as a right sizing due to the economic climate.

I simply can no longer trust this company because I feel that I am a targeted employee because I am American.

4Q24 Report
As of December 31, 2024, we employed approximately 70,000 full-time and part-time employees, including network, retail, administrative and customer support functions.
4Q25 Report
As of December 31, 2025, we employed approximately 75,000 full-time and part-time employees, including network, retail, administrative and customer support functions.

So an increase of 5K employees YOY, even though they spent $390 million in 4Q25 to "...streamline operations by centralizing leaders and teams, reducing organizational layers, and eliminating duplicative roles..." and plan on "...remaining costs of approximately $150 million expected to be substantially incurred by the end of the first quarter of 2026. "

So I guess we have to wait until 4Q2026 report to understand how many employees are affected by a net cost $540 Million?

I was in the BenefitSolver to do something and noticed a new “Leaving T-Mobile” with resources for those laid off. It has a schedule for calls about benefits and severance, and those are basically every Wednesday through the end of April. If I got laid off last week I’d want to know all the details so why would I wait until the end of April?  Makes me think this won’t be over by end of Feb like many of us hope. 

Article is about retirement but true for those of us told we aren’t performing, are assessed low, and are hit with layoffs as well. We all need to watch out for each other. Word like « good », « needs improvement «  and « needs significant improvement «  hurt.

https://geediting.com/gen-psychology-says-the-reason-retired-men-sit-in-silence-isnt-because-they-have-nothing-to-say-its-because-theyve-lost-the-only-identity-anyone-ever-valued-them-for/

He’s sitting in his chair. The television might be on. He’s not really watching it. His wife asks if he’s okay and he says he’s fine. He doesn’t elaborate. He doesn’t start a conversation. He just… sits.

If you’ve watched a man go through the first year or two of retirement, you’ve probably seen some version of this. And the easy explanation — the one most people land on — is that he’s simply run out of things to say. That after decades of meetings and deadlines and daily demands, he’s finally enjoying the quiet.

But psychology tells a very different story. One that’s far more uncomfortable and far more important to understand.

That silence isn’t contentment. It’s the sound of a man who no longer knows who he is.

The identity that was never really his

For most men of the boomer generation, identity was never something you explored. It was something you earned. You were what you did, what you produced, what you provided. Your worth as a human being was measured almost entirely by your usefulness to other people.

Research from the field of masculine gender role socialization describes how boys learn from a very young age that their value is contingent on performance. Researchers call this “masculinity-contingent self-worth” — a man’s sense of personal value being directly tied to how well he fulfills the societal expectations of being a man. And for decades, those expectations were clear: provide, achieve, produce, don’t complain.

This worked. It worked for forty years. It gave men structure, purpose, social standing, and a ready-made answer to the most basic question any human can ask: Who am I?

I’m an engineer. I’m a manager. I’m the guy who keeps the lights on.

Then retirement comes, and the answer disappears.

Work wasn’t just a job — it was the entire architecture of selfhood

When researchers at the University of Gothenburg studied retirement adjustment, they identified three core psychological components that determine how well someone adapts: identity reconstruction, social interaction, and independence. Of the three, identity was the most foundational — and for men, the most fragile.

One retired participant in the study described the feeling this way: when you’ve got a job, you define yourself by your job. You carry a higher status of yourself in your own mind. After retirement, the sentiment was one of redundancy.

This isn’t an overreaction. For many men, work provided essentially everything that psychologists consider necessary for mental health. It provided routine. Social contact. A sense of competence. External validation. A reason to get up in the morning. A place where people needed you.

A 2024 study published in BMC Geriatrics examined depressive symptoms across the retirement transition and found something striking: the meaning men attached to their work was a significantly stronger predictor of post-retirement depression than it was for women. When work meant everything, losing it cost everything.

Women, the research suggests, tend to maintain a broader portfolio of identities throughout their lives — mother, friend, community member, caregiver. Men, particularly men of this generation, were encouraged to go all-in on one identity. And now that identity is gone.

Why he doesn’t talk about it

Here’s what makes this particularly cruel. The generation of men now moving through their sixties and seventies was raised to believe that strength means silence. That asking for help is weakness. That a real man endures.

Research on masculinity and social connectedness has consistently found that men’s social support networks are limited precisely because seeking support or discussing emotions conflicts with male role expectations emphasizing strength and emotional restraint. The dominant practice among men in multiple studies was simply not to share emotions with other men. Or with anyone.

So when a retired man is struggling with an identity crisis — when he feels purposeless, invisible, and fundamentally uncertain about who he is — he does the only thing he was ever taught to do.

He sits quietly and tells you he’s fine.

Dr. Igor Galynker, psychiatry professor at the Su----e Prevention Research Lab at Mount Sinai, puts it bluntly. Men spend their lives achieving and neglect social connections, he explains. Women retire better because it’s less traumatic for them. Men are so invested in their work they lose both the social connections from work and the meaning of life.

The silence has a body count

This isn’t just an emotional problem. It’s a public health emergency that almost nobody is talking about.

According to the CDC’s National Center for Health Statistics, men age 85 and older have the highest su----e rate of any demographic group in the United States — 55.7 deaths per 100,000 people. Among men 55 and older, su----e rates increased significantly between 2001 and 2021. And retirement is consistently identified as one of the key precipitating life transitions.

Dr. Yeates Conwell, psychiatry professor at the University of Rochester Medical Center, identifies five factors that converge in older men: depression, disease, disability, disconnection, and deadly means. He notes that because male identity is so wrapped up in self-reliance, the transition to needing help from others can be devastating. And in retirement, men lose many of their connections and most of their sources of self-esteem.

A meta-analysis published in the International Journal of Environmental Research and Public Health found that the mean prevalence of depression among retirees was 28%, with rates significantly higher among those who retired involuntarily. A separate review in Epidemiology and Psychiatric Sciences described retirement as a major life transition associated with numerous risk factors for developing depression.

Over 6,000 older Americans die by su----e each year. The vast majority are men. And an overwhelming number of them visited their primary care physician in the month before their death — most without being diagnosed with a psychiatric condition.

They went to the doctor. They didn’t say they were struggling. Because they were never given the language, the permission, or the cultural scaffolding to say those words.

Nobody ever asked who he was beyond what he did

This is the part that should stop us in our tracks.

For most of these men’s entire adult lives, nobody — not their employers, not their friends, not their families, and often not even their wives — ever encouraged them to develop an identity beyond their productivity. Nobody asked what they loved. What moved them. What they dreamed about when they weren’t solving other people’s problems.

The question was always: What do you do?

Never: Who are you?

And when work ends, the first question becomes unanswerable. The second question was never even attempted.

Research from retirement psychology describes this transition as “a psychosocial process of identity transition and search for meaning,” where the challenge lies in creating a new sense of self once the old one no longer fits. But for many men, there is no new sense of self waiting in the wings. There’s just an empty room and a television that fills the silence.

What the chair really means

When a retired man sits in silence, he’s not relaxing. He’s not savoring his freedom. He’s not choosing quiet.

He’s trapped in a gap between who he was and who he doesn’t know how to become.

He spent his entire life being valued for what he could do for other people — the money he earned, the problems he solved, the responsibilities he carried. And now that those things are gone, he’s confronting a terrifying possibility: that without his usefulness, he doesn’t know what he’s worth.

He won’t say this. He might not even consciously think it. But it’s there in the early bedtimes, the declining invitations, the shrinking world, the flat tone when he says he’s fine.

The conversation we need to start having

If you have a retired father, husband, brother, or friend who has gone quiet, it’s worth understanding that you’re not looking at a man who has nothing to say. You’re looking at a man who lost the only version of himself that anyone ever seemed to care about.

And the fix isn’t a hobby. It isn’t golf. It isn’t a suggestion to “stay busy.”

The fix starts with asking a different question. Not “What are you doing with your time?” but “What matters to you now?” Not “Have you thought about volunteering?” but “What did you always wish you’d had time for?”

Research on identity change in retirement suggests that older adults who maintain multiple group memberships and social identities experience more positive transitions. It’s not about finding one new thing to replace work. It’s about discovering that you were always more than your job title — even if nobody ever told you that.

The generation of men now sitting in living rooms across the country were taught that their value was in their hands, their output, their provision. They built houses, careers, families, and entire lives around that belief. They were never told it was a trap.

The least we can do is stop mistaking their silence for peace.

It isn’t peace. It’s grief. And it deserves to be heard.

Eighty-one jobs are being cut at Firestone Fibers and Textiles, affecting its manufacturing sites in Gastonia and Kings Mountain. The layoffs were disclosed in a North Carolina WARN filing.

https://finance.yahoo.com/news/charlotte-area-textile-company-cuts-202420931.html

A major North Dakota oil company is stopping its drilling operations, and job cuts are likely to follow.

https://www.inforum.com/news/north-dakota/halt-in-drilling-by-one-of-north-dakotas-largest-oil-producers-expected-to-bring-layoffs

https://www.yahoo.com/news/articles/planned-interior-layoffs-could-cripple-210731752.html

Kuehne+Nagel Inc. is implementing significant restructuring, including closing its Locust Grove, Georgia facility around March 31, 2026, which impacts 153 employees. This is part of a global cost-cutting program aimed at reducing 1,000 to 1,500 roles (announced late 2025) to combat weak freight demand, overcapacity, and margin pressure.