#layoffs

Paizo announced the layoff of 12 employees. The company reported losing nearly $2 million in 2025. Its distributor's bankruptcy had devastating effects on the business. $10 million worth of inventory remains held in a legal dispute. Future organized play support will be reduced for Pathfinder and Starfinder.

https://www.wargamer.com/pathfinder/layoffs-2026-2-million-diamond-comic-distributors

For more than a decade, Comcast and Charter operated broadband internet businesses that were monopolies in everything but name. When a company passes a cable past 100 homes and 53 of those homes buy internet service from them — representing nearly 70% of every actual internet-buying household — that is not a competitive market. That is captive demand. Customers stayed not because the product was superior, but because there was no alternative.

That era is over. It is not ending gradually. It is ending structurally, simultaneously, and permanently across multiple dimensions at once.

The competitive as--ult is coming from every direction. Fiber providers — led by AT&T, which is building 5 million new fiber locations every year through the end of the decade, and Verizon, which acquired Frontier to assemble a 30-million-location national fiber network — are overbuilding cable's footprint at an accelerating pace. Fiber now passes more than 60% of US homes. Where fiber arrives, cable loses approximately one-third of its subscribers — not over time, but immediately and durably. Fiber customers don't come back. Fixed wireless from T-Mobile and Verizon has already attracted 16 million subscribers nationally and capacity is still expanding. Starlink is beginning to address suburban markets at the margin. Charter's CEO described the competitive environment in plain language: it is "not letting up."

The businesses in secular decline are the core businesses. Broadband — the segment representing more than half of both companies' enterprise value — is losing subscribers every quarter with no visible floor. Penetration has fallen from 53% toward 47% and the structural math, applied to AT&T's declared buildout trajectory, points to 38-42% by 2030. Video is losing 3,500 customers per day and will continue doing so until the subscriber base reaches a small residual of customers with no alternatives. Wireline voice is effectively already gone. These are not cyclical downturns. They are one-way technology and market transitions.

The responses available to management make things worse, not better. To slow broadband subscriber losses, Comcast cut prices and locked customers into five-year rate agreements — surrendering pricing power permanently. Charter chose the opposite: protect ARPU, absorb the subscriber losses. Neither path leads to stability. Both companies are investing billions in network upgrades that are defensive in nature — spending capital to stay competitive, not to grow. The wireless businesses are real but structurally parasitic on the broadband base they depend on. If the base shrinks, the wireless ceiling shrinks with it.

The hard reality for the coming years is that two of America's largest companies face simultaneous volume and price pressure in their most important businesses, rising capital requirements to remain competitive, and a competitive landscape that is accelerating rather than stabilizing. The monopoly that sustained their economics for a decade has been replaced by genuine, well-funded, structurally superior competition. What took a decade to build is unwinding in years. There is no technology upgrade, no acquisition, and no promotional campaign that reverses a fiber buildout already written into AT&T's capital plan through 2030.

The ice is melting. The question is only how fast.

More layoffs are coming this summer, and will continue to come as long as they bleed customers.

Is it engineers, pms, analysts, or both?

The layoffs have started again. A colleague from marketing was let go today. Highly visible guy on social media as well.

Can someone confirm the IT Layoffs supposedly on June 25th

Jabil Inc. is closing its manufacturing facility in Clinton, Massachusetts. This closure will result in 103 employee layoffs. Layoffs are scheduled between August and December 2026. The company cited work consolidation to other facilities as the reason. Not all Jabil operations in Clinton are affected by this decision.

Clinton, Massachusetts

https://www.masslive.com/news/2026/06/103-mass-workers-face-layoffs-as-florida-manufacturer-closes-local-facility.html

Still can’t find a job. Got laid off

WK Kellogg Co. is reducing its Memphis workforce. A layoff notice was filed on June 8. This Worker Adjustment and Retraining Notification (WARN) concerns permanent layoffs. The layoffs affect its 2168 Frisco Ave. facility. The notice went to the Tennessee Department of Labor and Workforce.

Memphis, Tennessee

https://www.commercialappeal.com/story/news/local/2026/06/08/wk-kellogg-co-warn-notice-layoffs-memphis/90464921007/

American Expediting will shut down its operations. This closure includes layoffs at its Media headquarters. The company's lenders refused further financing. They also did not approve debt restructuring. These actions led to the company's shutdown.

Media, Pennsylvania

https://www.bizjournals.com/philadelphia/news/2026/06/08/american-expediting-layoffs-closure-logistics.html

Senator James Skoufis and Assemblywoman Paula Elaine Kay secured state funding. This $4 million allocation prevents significant service cuts and job losses. The Town of Wallkill faced financial shortfalls due to fiscal irregularities. Approximately 97 employees were at risk of being laid off. The funding allows the town to maintain essential services and regain financial footing.

Wallkill, New York

https://midhudsonnews.com/2026/06/09/kay-skoufis-secure-funds-to-prevent-town-of-wallkill-layoffs/

FanDuel recently laid off several hundred employees. This move impacts a few hundred people from its 5,000 total workforce. The company stated these changes strengthen its long-term strategy. Affected departments include business development, operations, and engineering. These layoffs follow previous workforce reductions and industry trends.

https://finance.yahoo.com/markets/stocks/articles/fanduel-lays-off-several-hundred-220007878.html

Franklin Pierce School District is implementing significant staff reductions. The school board voted to cut 44 certified positions and several administrators. These measures aim to save $8.5 million for the 2026-2027 school year. A recent audit showed the district's expenditures exceeded its revenue. Declining enrollment and rising operational costs contribute to the financial challenges.

Tacoma, Washington

https://www.thenewstribune.com/news/local/article316013487.html

Expeditors International recently cut approximately 230 technology-related jobs. These layoffs primarily impacted employees across multiple offices in Washington state. Affected roles included software developers, quality-assurance testers, and project managers. This action marks the end of the company's long-standing tradition of not laying off employees. The company confirmed these cuts as a workplace restructuring in a state WARN Act filing.

Seattle, Washington

https://www.geekwire.com/2026/expeditors-cuts-230-tech-jobs-in-seattle-region-ending-decades-long-policy-against-layoffs/

https://www.fresnobee.com/news/local/article316013509.html

UPMC eliminated 200 positions. These cuts primarily affected non-clinical employees. Roles not directly facing members were also impacted. The health system posted higher operating revenue. However, it experienced a decline in revenue over expenses.

Pittsburgh, Pennsylvania

https://www.bizjournals.com/pittsburgh/news/2026/06/09/upmc-announces-layoffs-200-jobs.html

If a person has been treated unfairly, whether an employee, a customer, pushed out of the job, laid off unfairly, etc decent companies address these issues. Those that aren’t, like JLL-Corrigo, instead do everything to try and remove the truth. Not a good company to work for!

The Portland teachers' union filed a class action grievance. This action targets Portland Public Schools regarding planned layoffs. The union reports 82 teachers received layoff notices. They claim 77 notices violate collectively bargained procedures. Portland Public Schools faces a $50 million budget deficit.

Portland, Oregon

https://www.kptv.com/2026/06/09/portland-teachers-union-files-class-action-grievance-over-district-wide-layoffs/

Salesforce conducted a new round of employee layoffs. The cuts impacted teams for Agentforce AI, Mulesoft, and Marketing Cloud. A California regulatory notice confirmed 86 job eliminations. These latest reductions follow previous layoffs in January. Salesforce's stock has declined significantly this year amid AI concerns.

California

https://www.businessinsider.com/salesforce-cuts-jobs-agentforce-2026-6

Kyndryl is dishing out shares worth hundreds of thousands of dollars to execs in the middle of a redundancy program

CEO Schroeter's latest stock award takes his total tally to 2.449 million shares. Likewise, Keinan now owns 1.603 million and Chugh 184,455.

The average wage paid to a Kyndryl employee in 2025 was $39,464 versus $15.8 million awarded to Schroeter

https://www.theregister.com/on-prem/2026/06/09/kyndryl-showers-execs-with-shares-while-staff-ponder-redundancy-packages/5252181

How do you find out what level your position is?
I’ve seen posts saying N4 and below are getting laid off
I don’t know what “level” my role is. Is there a place in workday to see it?

This was already discussed in 2025, but wanted to get people's thoughts on how this would impact the Siemens Healthineers business?
Is it because Siemens AG doesn't see the Healthineers business as very promising? Would this move potentially lead to budget cuts/lay-offs for Healthineers folks?

We lack vision and long term planning. We opt for layoffs because it's the easiest option to free up capital when our stock is going down the drain. We forget that the employees that we let go have context and knowledge domain expertise. By the time we realize, we're going to try and patch it up with rehiring but getting ramped up and onboarding takes time. At the end of it, we would have lost capital, opportunity cost and market share. I genuinely want to know who is driving our transformation and strategy? Are there not any business case studies we can look at? How many companies have successfully pivoted away from third-parties to DTC? Even Apple sells their products at other stores. How many companies have succeeded in GC? For a company of this caliber, I would have expected that we have some risk-based assessment when making these plans. I'm sure Nike would have its own Harvard business case study one day at this point.

@kp+1krea8g33 hits the nail on the head.

The news comes in an especially delicate context for tech employment. In just five months of 2026, companies in the sector have accumulated nearly 140,000 layoffs worldwide.

https://www.escudodigital.com/en/technology/artificial-intelligence/google-announces-ffresh-layoffs-deepening-tech-industry-turmoil.html

I'm new here, I'd like to know what I'm facing.

you do not want to work at dell and you dont want to invest here. get out

I am consistently astonished to observe that during every layoff at Walmart, none of the leadership seems to be affected for an extended period; they often return to the same position or role at Walmart after being impacted.

Positions such as Directors, Senior Directors, Group Directors, VPs, and SVPs are rarely affected here at Walmart. Additionally, their employer benefits could potentially save hundreds of jobs for individual contributors who genuinely provide significant value to the organization.

Ultimately, it is the individual contributors who truly bear the brunt of these layoffs.

The calls to stop spending money and the pain continues..... our customers and our network continues to suffer, let's not get into how much the employees are suffering. What is Stinky doing to AT&T...?? We are told to save a dime, but then he spends millions on stupid cr-p.

Why is he still around?
Why hasn't the board asked for his resignation...?
Are the stock holders and board members as blind and as stupid as he is..??

We are definitely in a spiral downhill... sad to see how much the company and upper management continue to fail us all.

The deal is underwriting with fine details. The mobility part of the company will be fully managed by two well-known companies from India

So any action before they announce?
Usually this month is supposed to be last month we see any action...

My site is pushing hard on metrics for client facing phone roles in brokerage. They are putting any below the national average on key metrics like CPH on an “unofficial” PIP. So, lots of people getting put on a PIP.

I’m hearing from other site leaders this is a strategy to push reps up or out, documenting everything and focusing more on tenured reps.

Anyone else affected by this or seen this play out before?

I am from India, but went through the University -> H-1B -> Citizenship route a while ago in Tech space. At that time, there was no fraud or offshoring, and very few select people got an H1B. I really appreciated the opportunity provided to me.

Now I am seeing all these young kids from the US are being short-changed with offshoring. Any US layoff or attrition is being filled offshore. That mandate is coming way, way above. If you don't provide opportunities for young kids, what will happen to the next generation? This is 100% wrong. I want to take someone fresh out of school and mentor them with what I've learned - but all goes offshore. Almost like seeing Manufacturing going offshore in the 80's and 90s.

I am not sure why nothing is being done... I feel like people here are more subservient and submissive than in other countries. (sorry)

I am hearing rumors of another round in DGE later this summer... If that is what is going to happen, I assume those layoffs will happen by the end of July. that way there is 60 days of WARN notice before the end of the fiscal year.... good luck everybody.

If you're smart enough to read between the lines,

More people are going to be cut next quarter where people remaining have to adjust to the new normal

Why tf they can't just tell us directly??

Bausch + Lomb confirmed a mass layoff affecting 119 workers. This impacts its Kirkwood, Missouri facility. Production of certain surgical products is moving from the St. Louis area. The transfer will occur in phases to manage inventory. Layoffs are scheduled to begin around August 10, 2026.

Kirkwood, Missouri

https://101theeagle.com/bausch-lomb-st-louis-layoffs/

https://www.aol.com/news/charlotte-business-week-longtime-plaza-092500635.html

Supercell has reduced staff within its North American division. This news emerged from social media posts by former employees. A co-founder of one US branch, Steve Desilets, was among those impacted. His studio's game project was canceled, leading to the team's disbandment. Supercell has not yet publicly commented on the situation.

https://wnhub.io/news/hr/item-51064

Maria Aspan, a finance correspondent for NPR, was laid off. She spent two years covering Wall Street, the economy, and corporate power. Aspan joined NPR from Fortune magazine, where she was a senior features writer. Her career also includes reporting for American Banker and Reuters. She has received numerous awards for her journalism.

New York, NY

https://talkingbiznews.com/media-news/npr-finance-correspondent-aspan-among-the-layoffs/

No longer can get a masters degree? Are these clowns really continuing to go down this cost savings route? We already have zero job growth with no new positions anywhere in finance (and other depts). Whatever, the company su-ks now and I’ll just do the bare minimum until I find something better

Centria Autism will lay off 48 corporate employees. These layoffs affect staff in Fresno County. The changes are effective starting July 31. The company provides ABA therapy services. Its Fresno office will remain operational.

Fresno, California

https://www.fresnobee.com/news/business/article316042888.html

Les Schwab Tire Centers laid off 70 employees. These cuts occurred at its Bend, Oregon corporate offices. The company stated this is part of a restructuring effort. Approximately 430 employees remain at the headquarters. Laid-off workers will receive severance and extended benefits.

Bend, Oregon

https://www.oregonlive.com/business/2026/06/les-schwab-lays-off-70-at-oregon-headquarters.html