#layoffs

Toshiba International Corporation is laying off 67 workers. These layoffs will occur at its Houston, Texas facility. The changes are effective this September. The company cited a plant closure as the reason. The specific plant closing was not identified.

Houston, Texas

https://www.houstonchronicle.com/news/houston-texas/trending/article/toshiba-houston-lay-offs-22287409.php

This place pays cr-p, is unsafe, toxic, and with horrible management. I'm not sure why anybody's goal would be to stay at US Foods long term. I've been looking for something else for a while as it is, getting them to pay me to leave would truly be a dream come true.

Presbyterian Healthcare Services announced 150 layoffs. These layoffs affect administrative roles. The affected positions are not in hospitals or clinics. The organization will also discontinue most Medicare Advantage plans in 2027. Direct patient care roles will remain unaffected.

Albuquerque, New Mexico

https://www.koat.com/article/presbyterian-layoffs-albuquerque-new-mexico/71475392

GitLab announced a restructuring plan impacting its global operations. The company is cutting 350 jobs, which represents about 14% of its workforce. Shares climbed after stronger-than-expected sales and an improved annual outlook. GitLab's revenue increased 23% to $264.2 million for the recent quarter. The company is promoting its new Duo Agent Platform for AI software tasks.

San Francisco, California

https://ts2.tech/en/gitlab-shares-rise-on-stronger-ai-outlook-350-layoffs-announced/

Children's Aid Society London and Middlesex issued layoff notices. At least 23 workers will be affected starting in September. The agency faces a $5.6 million deficit this year. Union representatives worry about increased workloads and staff burnout. These cuts follow recent union bargaining and chronic underfunding.

London, Ontario

https://www.cbc.ca/news/canada/london/london-ont-children-s-aid-workers-worry-layoffs-could-hurt-youth-and-families-9.7219646

I have been gone from Boeing for less than 5 years. Not long in the grand design, but long enough to compare.

The corporate world su-ks. The type of people who make it to management in all companies su-k.

All things being the same, I'd rather work for a company that su-ks with great benefits than a company that su-ks with less than stellar benefits.

I'm going to be ripped for this, but yes, I'd go back to Boeing. Its sh---y but the 10% match in the 401k will get me out earlier and the cost of insurance is the lowest I have ever found.

I'm not going to be happy at work anywhere, so I might as well have my pockets full.

Monroe School Transportation Inc. will lay off nearly 200 workers. This follows a competitive bidding process for school transportation services. Transpo Bus Service secured the new contract, replacing Monroe. Transpo's co-owner is offering positions to the affected Monroe employees. The Department of Labor also met with workers to help guide them into new jobs.

Rochester, N.Y.

https://www.whec.com/top-news/nearly-200-rochester-school-bus-workers-facing-layoffs-offered-jobs-with-new-transportation-company-transpo-bus-services/

In the current climate of layoffs, no one wants to speak up, even when senior management is demonstrably wrong about the root cause of an issue. But hey, we told the regulators before we did any work, ergo it must be true right?

Sparhawk may face layoffs or closure. The company filed a notice with the Department of Workforce Development. This action follows Sparhawk's bankruptcy filing. Sparhawk Trucking and Sparhawk Truck and Trailer are actively seeking a buyer. The bank currently allows the companies to operate as usual.

Wisconsin Rapids, Wisconsin

https://www.wisconsinrapidstribune.com/story/money/2026/06/02/sparhawk-trucking-files-notice-of-potential-layoffs-or-closure-as-its-works-through-bankruptcy-case/90374798007/

https://www.healthcare.digital/single-post/oracle-cerner-potential-acquirers-of-oracle-health

"A Private Equity consortium led by a firm like Thoma Bravo or Francisco Partners is the most probable successor. This structure satisfies several competing requirements: it provides Oracle with an immediate cash infusion to fund its GPU clusters (satisfying the liquidity crisis), it bypasses the most severe antitrust hurdles associated with a Microsoft or Amazon acquisition and it allows for a "neutral" platform that could potentially stabilize the customer base."

Conclusions: Sell off Oracle Heath, ORCL needs the cash ! New CFO is the Grim Reaper !

Most likely from next week on.

After about 15 years of experience in GN&T my sincere advice is to move on and leave the toxicity behind! Don’t waste your time analyzing the future of the company, the impact of Dan’s decisions, the impact of AI, or whatever. Who cares? It’s a toxic environment and you need to get out.

At first, I thought I had drawn the short straw and got an incompetent and unethical boss who did his utmost to promote his rather incompetent favorites while holding back much more capable engineers but as time went on and positions got reshuffled, I realized it was a widespread and systemic issue.

All my bosses were fundamentally clueless about how to really improve network KPIs and relied on vibes. The company spent a lot of money on the network which masked the incompetence to a large extent.

Some people did well and got promoted to Principal or Distinguished engineer but paradoxically their work resulted in little or no concrete improvements. The promotions were also based on vibes.

You deserve bosses that know what they’re doing, treat you fairly and value your contributions! So do yourself a favor, move on as soon as possible and don’t look back.

We have been losing AUM in Wisconsin hand over fist. Minneapolis has experienced similar losses after their two top teams walked out the door. Texas is losing money hand over fist. Kansas City is losing assets and advisors. When is someone going to look at "leadership," and finally make some changes? I don't know if it's possible, but I am guessing they will find someone even worse to take over for DF. On BL's call, she repeated talked about the $2BN in assets that has left. What do they think is going to happen here? You cannot simply rely on mortgages to carry the day.

Don't know if this is the right place as this board mentions layoffs, but lately there have been no layoffs yet people are quietly disappearing from IBM. They are handed out a PIP and then right after the end date they are gone. Does anybody know of a good attorney who can take up the case for wrongful termination?

35% reduction for VCG, notifying in July
OP: @an+1kt4wbswz

Anyone else? Got told last day is 6/6/26, ironically enough. On the east coast. Not even sure if all my coworkers are aware yet either. Next steps are basically severance or reapply to a role nearby and hope the rsm likes you. Had another friend find out the same thing at his store in the south as well.

In TA and it su-ks. I even pray for layoff.

If I worked there I'd be angry at how many top admins make twice the salary of similar admins at other regional colleges. No way should they be doing layoffs of lower paid staff when they have 8 people making $200K-300K at a college of only 1600 students.

• Job openings jumped to 7.6 million in April, the highest level since May 2024.
• Hiring fell sharply despite increased demand, reflecting a slow-moving labor market.
• Layoffs and quits declined, indicating both employers and workers are making fewer moves.

https://www.cnbc.com/2026/06/02/job-openings-april-2026.html

Just had manager discussion and was notified last day will be July 2. Normal cr-ppy US severance of 3 months. Went through the normal we're not picking people because of age and the 3 others RA'd in a small team were all of 45. One people was listed who is not being RA'd in that same age range... so, definitely older, more expensive people are being targeted.

Expect there to be layoffs June/July in Member Protection aka Fraud, Disputes, and AML first like operations.

Rumor has it most will be in the Fraud space as they over hired when the old guard went out and the new guard came in 2023/2024. I imagine it won’t be the overpaid cronies they brought with them from BofA, Citi and the like.

The senior leadership team (Bashore and his directs) is very clique-y. There is no loyalty if you aren’t part of their in crowd.

Delta is altering food services at its headquarters. This change impacts its Atlanta location. The company expects layoffs to follow. Specific details about the service changes are not provided.

Atlanta, Georgia

https://www.bizjournals.com/atlanta/news/2026/06/01/delta-cuts-food-services-contract.html

Flint City Council must approve its budget by Monday night. Failure to do so risks violating the city charter. This could lead to staff layoffs and service interruptions. Mayor Sheldon Neeley expects his balanced budget to pass. Candice Mushatt, Council President, believes members should not be paid if the budget is late.

Flint, Michigan

https://www.abc12.com/news/flint-city-council-faces-budget-deadline-to-avoid-layoffs/article_97edfdd8-2b55-4f5a-a4f1-82bc76a24d2b.html

New Jersey has seen over 7,600 layoffs announced in 2026 by early June. Verizon announced 121 new layoffs based in Basking Ridge. Novartis reported a third round of cuts, totaling 250 layoffs in East Hanover. Merck announced 88 layoffs effective by September, following earlier cuts in Rahway. Acme Markets is also closing its Edgewater store, impacting 115 workers.

Basking Ridge, New Jersey

https://wpgtalkradio.com/ixp/385/p/new-jersey-layoffs-2026/

Honeywell International announced job reductions. The company is reducing staff in the Valley. An aerospace division spinoff is planned. This corporate separation will happen by June's end. The job reductions precede this corporate change.

https://www.bizjournals.com/phoenix/news/2026/06/01/honeywell-to-lay-off-workers.html

Hollywood Feed is undergoing a corporate restructuring. This action impacts 20 employees at its headquarters. The company informed staff on June 1. Economic challenges in the pet industry prompted the move. Consumer base impacts also contributed to the decision.

Memphis, Tennessee

https://www.commercialappeal.com/story/money/business/development/2026/06/01/memphis-based-hollywood-feed-to-make-layoffs-in-corporate-office/90360795007/

Arizona experienced eased layoff notices in May. This easing was slight. It followed an April surge in notices. The trend aligns with a state jobs report. That report indicated unemployment stabilizing.

https://www.azcentral.com/story/money/business/jobs/2026/06/02/honeywell-4-arizona-employers-mass-layoffs-may-2026/90355530007/

Harvard's Faculty of Arts and Sciences is restructuring its staff. This plan includes eliminating three high-level administrative dean positions. These roles oversee finance and information technology across divisions. The layoffs are part of an effort to address a $365 million structural deficit. Affected administrators have worked at Harvard for decades.

Cambridge, Massachusetts

https://www.thecrimson.com/article/2026/6/2/ads-laid-off-fas/

And if the numbers are not there, then they get the sack?

Four Wisconsin companies filed layoff notices. These notices impacted 311 workers. The filings occurred during May. The actual number of employees losing jobs is less. This information was reported on June 2, 2026.

https://www.jsonline.com/story/money/business/2026/06/02/us-cellular-cree-lighting-others-announced-layoffs-in-may/90266782007/

Fifth Third Bancorp will close 75 Michigan locations. This action follows the company's acquisition of Comerica. Layoffs are expected, but the company prioritizes moving staff to other roles. The closures and brand transition are scheduled for Labor Day weekend. An earlier notice indicated 502 layoffs at a separate Comerica campus.

https://www.woodtv.com/news/michigan/fifth-third-leader-some-layoffs-likely-as-75-michigan-branches-close-but-situation-fluid/

US job vacancies showed a notable increase in April. The number of available roles climbed to 7.62 million. Job separations decreased to 1.69 million. This suggests a robust labor market. A single sector, professional services, drove most of this rise.

https://www.spokesman.com/stories/2026/jun/02/us-job-openings-jump-to-nearly-two-year-high-as-la/

Merck & Co. is reducing its New Jersey workforce. Eighty-eight employees at its Rahway headquarters will be affected. This action is part of a multiyear $3 billion cost-cutting plan. Merck previously confirmed 6,000 global job reductions. The company plans to reinvest savings into new product launches.

Rahway, New Jersey

https://www.fiercepharma.com/pharma/merck-shrinks-headcount-88-nj-3b-cost-cutting-scheme-rolls

Heard a mass layoff is coming to VCG.. Anyone has any info ?

https://www.foxbusiness.com/economy/top-ceos-brace-downturn-warn-us-economy-worsen-in-next-6-months#:~:text=Only%2015%25%20of%20CEOs%20say,felt%20that%20way%20last%20quarter.

Not shocking however predictions show more layoffs across the economy and that is really not good for anyone regardless. Salaries likely not going up much either.

As we know big companies are already laying off people for AI. What about companies like Cigna? Is it matter of time before they use AI as the reason ?

Is there anybody out there that has any insight they’d be willing to share about this department in terms of a timeline for impending layoffs?

Follow the layoffs from May 28th, what are the next areas of Optum that will be impacted on the June 25th RIF?

After 20+ (mostly hellish, but somewhat productive) years at Centene, I had the misfortune of being re-orged under a Sr. VP that had no idea what anyone's background and contributions had been over the decades, so I and some others were shown the door in layoffs a couple months ago. I came across this article today that lays out perfectly how the last 20 years have been for a lot of us:

https://www.msn.com/en-us/news/world/gen-x-doesn-t-want-to-work-and-their-reasons-actually-make-sense/ss-AA1VYmbT?ocid=msedgntp&pc=W069&cvid=6a1dd379fcb443ba814542eb7b86d0fe&ei=107#image=1

Slides 16 (Corporate Culture Prioritizes Appearance Over Measurable Results) and 19 (Performance Reviews Emphasize Arbitrary Metrics Over Actual Contributions) really hit home, especially this from slide 16 - "Elaborate presentations mattered more than project outcomes. Workers who delivered results efficiently got overlooked while colleagues who mastered workplace theater earned promotions."

I have never seen a company waste so much time and money on worthless slide decks that are forgotten immediately after they are delivered. If you totaled all the wasted manpower in terms of the salaries of the people that had to drop everything they were doing to work on a deck for some muckety-muck that was coming to town or wanted an update on something, I would venture it is in the hundreds of millions of dollars in wasted salaries over the life of the company.

Anyway , time to get back to figuring out how I want to spend the rest of my career. I promised myself it would be doing something that provides meaningful, measurable, tangible results, so going back to Centene is off the table.

The digital witch convert TS, the human first departament in a fu-k.. jungle , micromanagement everywhere, failed projects and remember stock $$ is not because of you !
Silent rifs are on going...