#layoffs

Posts mentioning hashtag #layoffs

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Anybody else nervous about the Di-k's Sporting Goods acquisition?

I'm thinking all locations that are not considered high performing will be on the chopping block. And that'll be just the start. I hate this is happening because I actually like my job here. I don't want to leave, but I'm starting to feel like I should before the you-know-what hits the fan.


New hire wondering about layoffs

I started here a few months ago and I’ve already had to face layoffs. Not exactly giving me confidence in joining. What I’m wondering is if new hires usually get any kind of cushion, or if we’re just as exposed as everyone else from day one? It'd be good to know since people are already talking about more cuts.


Laid off last month

I panicked at first, but now, with some time to really assess my situation, it almost feels like a blessing. I wasn’t planning on leaving, but I was so unhappy that having them make that decision for me actually did me a favor. I’m still looking for something new, but I have a few interviews lined up, and even without a secured job, I’m happier than I was at Optum. Go figure.


Got an offer

It’s 20% below my current pay. I feel like it would be a step down, but I’m also so worried about being laid off and having nothing lined up, and missing out on this opportunity if I wait. This whole situation is incredibly stressful. Other folks who are looking, is this something you'd say yes to?


BNY is just a job

I’ve learned the hard way not to get emotionally attached to a company. Treat it like a job, not a family or a mission. Give your best at work, but don’t let it control your life or define your self-worth. Trust me, nothing good comes from being a company cultist. You'll be laid off just like the rest of us when the time comes.


Now comes the hard part

Our job volume is about to increase significantly with no corresponding increase in pay. We’ll have to cover the work left behind by those who were laid off, even though some of us already have more than we can handle. I swear, I’d almost rather have been laid off.


AI is not eliminating jobs

The New York Fed reports that artificial intelligence is spreading quickly across firms in New York and Northern New Jersey, while links to job cuts remain limited. The study asked employers about how they use AI and whether those tools have changed staffing, providing a snapshot of adoption and near term plans.

In services, uptake has accelerated. Companies reporting AI use rose to 40 percent this year, up from 25 percent last year. Nearly half of service firms, 44 percent, say they plan to implement AI within the next six months. This suggests a pipeline of projects moving from testing to day to day operations, especially for customer service, content work, analytics, and internal support.

Manufacturers are adopting more gradually but the trend points upward. Reported AI use climbed from 16 percent last year to 26 percent this year. About one third of manufacturing firms plan to bring AI online in the coming half year, indicating growing interest in quality control, maintenance, and supply chain applications, even if integration with physical processes takes longer.

On employment, the survey finds only a small share of businesses connecting AI deployments to workforce reductions. Early evidence points to AI being used to streamline tasks, raise productivity, or reassign work rather than to drive broad layoffs. That does not rule out future restructuring, but it implies near term adjustments are modest and targeted.

https://menafn.com/1110027218/New-York-Fed-Reports-Rise-in-AI-Adoption-Few-Layoffs


How long will layoffs continue?

Any idea? It’s really inconsiderate, to put it mildly, to keep us completely in the dark. We’re all stressed out of our minds, and the only “info” we have comes from each other, half of it nothing but unsubstantiated rumors. Way to leave us with our livelihoods hanging in the balance, while we have no clue what’s really happening.


Honest review of Oracle!

After a few years at Oracle, I was let go, not because of performance but because of this AI nonsense. Still, I’m not surprised when I took this job, I knew this company didn’t care much about their employees, but I was happy to have a paycheck and lucky to pay my bills. I'm just very disappointed…

Below are a few takeaways:

My coworkers were amazing. Everyone was great to connect with.
Significant amount of training..
Compensation was below average, but it paid the bill.
Great healthcare.
Work from home.

The negative:
My management was mediocre. Some teams had great managers, but mine was a total disappointment. All he cared was to look better for his director.
No raise, work harder. No one get a raise.
The amount of work to meet your metric was nonsensical. Always under the g-n!
I worked over the weekend to do a great job, and that is the thank you!!
You learn a lot in the first year, but you get stuck in a role you will never move up!! Your skill get stagnant.
The manager only selects a few for a raise.
Manager control the amount of work you get and purposely try to sabotage you it seems. No transparency.

Bottom line
I'm sad I'm gone, but it's better I deal with this now, than waste another five years of my life in this company which I would have done.

I see many posts asking if the layoff will be over.
Be realistic with yourself. Oracle will lay off more people next year to fund its investment in AI. It's a high-debt company, and they need to trim peoples. All you can do is have a safe backup plan and upskill. Don't work hard for this company!

Oracle is all about cutting cost now, and to increase its stock value. Their new Ai platform is already a total mess. They don't care about their customers or improving their tool set.

Maybe I'm wrong with all of this but that my interpretation.

Wish everyone the best!!! Don't stay too long there!!!!


Predict the next 8 months

Tell me what you think will happen from now until April.

My predictions:

Cable stripped to bare bones. CBS completely restructured.

Most fully remote employees cut in November (I’m fully remote) so they don’t have to relocate anyone. International fully destroyed.

Mass exodus due to RTO.

Engineering and streaming jobs all posted in LA, NY, SF with below median compensation.

DE outsourcing everything he possibly can to Oracle.

DE buying more IP with his dad’s money.

And I say all this as a person who absolutely loves our company. I hate what this has become. I hate to be a glass half empty person. And I’m not trying to hate on any department or division of Paramount. I’m just being completely realistic about what is going to happen here.

Ok, let’s hear it.


Career Change

Never until I started working here did I think I would ever pursue a career change in a completely different field. Extra change is going toward savings and extra time (because sc--w working late now) is going toward the classes. It will be my side hustle until the glorious day I resign. And if I get laid off like so many of us, well, I'll be ready. Get out ANY way you can!


Reinvention update

To: All Employees
From: Leadership Communications
Subject: Reinvention Update

Dear Team,
As part of our ongoing Reinvention journey, we want to take a moment to recap the tremendous progress we’ve achieved, which on closer inspection looks suspiciously like chaos:

  • Q2 Results: While our financial performance was pure garbage, we see this as a powerful opportunity to demonstrate resilience and accelerate the pace of transformation, because turning failure into a buzzword is cheaper than fixing the business.

  • Leadership Evolution: John B has transitioned from his role as COO to continue serving on our Board, which sounds like a noble continuation but in practice means his head was required on a silver platter. He will chair the new Integration Committee, which is a committee no one asked for but looks reassuring in press releases.

  • Leadership Innovation: Our Chief Disruption Officer, Deena P, has announced she is leaving to spend more time with her family, which is the universally accepted code for “thank you for the selfies, now please go". We are grateful for the inspiration and hashtags she brought to Reinvention, because nothing drives shareholder value like social media content.

Looking forward, we are excited to announce the next step: a global headcount optimization initiative. Executives have been tasked with submitting names by end of Q3, at which point 3,600–4,800 colleagues will be invited to explore career opportunities outside the company.

As a global enterprise, we are committed to fairness, but also math: it is dramatically cheaper and faster to fire people in the U.S. than in other countries where local laws demand notice periods, unions, and dignity. Accordingly, our American colleagues should expect to play a leading role in this Reinvention milestone, because your jobs are legally the easiest to erase.

We understand there is hope that reductions will focus on less-productive management layers. While that hope is touching, history has shown us that those compiling the lists — along with their friends, spouses, siblings, and Saturday tennis partners — somehow never appear on them.

Thank you for your ongoing commitment to Reinvention. With fewer people, less stability, and more recycled jargon, we are confident that together we can continue to deliver bold PowerPoint slides that tell a story our numbers cannot.

Warm regards,

Your Leadership Team


COBRA Questions - After Layoff's

With the brutal layoff's , I am also one of those unlucky one with close to 30 years of hard work & dedication. Anyway, hope someone can shed light o my questions below. I am based out of CA

With COBRA , Could I choose only dental & eye insurance ? I maybe wrong, medical insurance from Obama Care plans could be cheaper that COBRA. I don't see an option to just pick Eye & Dental plans.

Second question ... looks like COBRA plans could be added within 6 months of layoff's ? If I pick COBRA plans say after 4 months, does it start from that day & continues for 18 months OR no ?

Third question ..Assuming I take COBRA plan for this year, do I get an option to pick a different medical plan during Open Enrollment ?

Fourth Question .. Arag & life insurance plans are history now ? I am sure that's true

Lastly, what's everyone doing for medical plans in Lieu of COBRA offer ?


Numerous roles eliminated, massive layoffs incoming

Chief HR person’s role was eliminated, COO announced retirement, numerous people across the company have been terminated. Executives in finance, accounting, entertainment committing fraud …. It’s going to be bad …. 10+ year MGM employee here and very worried about the future of this company


Resume Advice After Receiving 60-Day Notice

I work in IT as a software dev and wonder if I should update my resume to list SAFe Agile experience at USAA? Will future employers think I'm just as useless as the Release Train Engineers, Agile Coaches, Scrum Masters and the rest of the bureaucratic dead weight floating around USAA?


EchoStar Bails on Boost Mobile!

EchoStar's loser Chairman Charlie Ergen was forced to give up pursuing his dream of establishing Boost Mobile as the 4th U.S. facilities based competitor due to horrendous Marketing and a lack of funds due to Dish Network flaming out. Couldn't happen to a nicer and more deserving guy as Charlie's brought a lot of hardship into others lives over the years!

Things go from bad to worse as Boost Mobile reduces its head count

500 Boost network employees get sacked as the company loses the opportunity to be one of the "Big 4" U.S. carriers.

Sep 03, 2025, 6:37 PM

Lately, things have been going bad fir EchoStar. After it purchased Dish Network on the last day of 2023, EchoStar-owned Boost Mobile was supposed to be working on replacing Sprint as the fourth facilities based wireless carrier replacing Sprint. The latter had been gobbled up by T-Mobile in 2020 leaving only three major U.S. carriers and both the FCC and DOJ frowned on the reduced competition.
FCC has been accusing EchoStar of being a spectrum speculator

The FCC and Chairman Brendan Carr have been pushing EchoStar, accusing the company of hoarding its spectrum holdings, hoping to sell the licenses for big profits. This constant pressure from Carr led EchoStar to sell 50MHz of spectrum to AT&T for $23 billion. AT&T acquired 20MHz of 600MHz low-band airwaves that will be used by AT&T for its nationwide 5G service called AT&T 5G. The 30MHz of 3.45GHz mid-band spectrum acquired by AT&T will be used for AT&T's faster AT&T 5G+ service.

A Dish Wireless storefront.
Dish Wireless became Boost Mobile last year. | Image credit-Dish Network

Without the spectrum it sold, EchoStar's hope of having its Boost Mobile brand join Verizon, T-Mobile, and AT&T as the Big Four in the U.S. went up in smoke. It's not as though Boost Mobile has been thriving. The number of subscriber declined form the 9 million Boost had at the time it was purchased by Dish Network. Currently, Boost is believed to have 7.4 million customers, a 17.8% decline.

After losing its spectrum, Boost will become a hybrid MNO, or a hybrid Mobile Network Operator. Boost subscribers will use AT&T's network primarily although they also will have access to the T-Mobile network. AT&T will provide the base stations, radios, radio access network (RAN) software and spectrum frequencies. EchoStar will handle the billing, deliver the network core, and and provisioning software.

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Today, the story got uglier as EchoStar let go 500 employees who were working in the company's U.S. wireless network deployment and engineering groups. EchoStar's wireless network was originally known as Dish Wireless and became Boost Mobile after a rebranding last year. In a statement, EchoStar confirms that pressure from the FCC led to the decision to sell its spectrum to AT&T. It still has 76 MHz of airwaves to sell and there is speculation that Verizon, T-Mobile and SpaceX are interested.
EchoStar hopes to retire some debt with some of the proceeds of its spectrum sale

EchoStar revealed its motives for the reduction in head count. "Due to Federal Communications Commission (FCC) actions, the recent announcement of EchoStar selling spectrum licenses to AT&T significantly impacts the company’s 5G wireless network deployment unit. With elements of our network to be decommissioned over time, the company will eventually not house a wireless network deployment workforce. After thorough review of our business operations moving forward, we have made the difficult decision to reduce our network deployment workforce. The majority of impacted employees were notified on Thursday, August 28."

Will Boost Mobile make it as an MNO?
Yes. It still has a well-known name.
24.79%
No. It won't succeed not being a Big 4 carrier.
53.31%
It's too early to tell.
21.9%
Votes 242

EchoStar President and CEO Hamid Akhavan said that the deal with AT&T will allow EchoStar to retire some debt and help fund its current businesses. It will, as noted, be a hybrid mobile network operator and a direct-to-device (D2D) satellite service provider. The executive alsio said on LinkedIn last week, "This is an important step toward resolving the FCC’s recent inquiries and demonstrates our commitment to continued innovation and success."

Because Boost Mobile will continue to exist, just not as a fourth facilities-based carrier, the spectrum sell-off impacts the retail part of the company a lot less than the network part of the business. The EchoStar spokesperson reiterated that there are no changes to the Boost Mobile brand. This is unfortunate for Boost Mobile because many blamed Boost's struggles on its failure to promote the company and its services. Meanwhile, Boost customers praised the quality of the network which is now dismantled.


https://www.businessinsider.com/left-tech-after-third-layoff-going-into-education-teaching-2025-9

I was laid off 3 times in 2 years working in tech. Rather than get laid off again, I'm going back to school.
www.businessinsider.com

This as-told-to essay is based on a conversation with Sarah Henschel, a 35-year-old former tech worker and current master's student based in New York."
Microsoft mass layoffs: Thousands of jobs cut, Xbox division hit hard

https://mashable.com/article/microsoft-mass-layoffs-what-we-know
2025-09-06


WSJ Layoffs Mark a Major Shift due to AI

Source: https://opentools.ai/news/shen-lus-layoff-reflects-broad-shifts-in-journalism-at-wsj

Industry-wide trend – Her departure is part of widespread newsroom layoffs in 2025, reflecting cost-cutting and restructuring across journalism.

Loss of specialization – Cuts like this often target niche reporters, which reduces depth in critical areas such as technology, society, and international coverage.

Signal of larger shifts – The move shows how financial and digital pressures are reshaping newsrooms, prioritizing efficiency over comprehensive reporting.


Rivian Cuts Jobs While Betting Big on Cheaper R2 SUV to Win Buyers

Hundreds of EV workers laid off as administration pulls back on tax incentives: 'An ongoing effort to improve operational efficiency'

https://www.thecooldown.com/green-business/rivian-commercial-team-layoffs-ev-manufacturer/

  • Rivian said that the job cuts were limited to its commercial team, which is responsible for sales and servicing operations.
    Industry Tag: Automotive

Electric vehicle maker Rivian has announced that it will cut about 1.5% of its workforce, affecting several hundred employees. The layoffs are concentrated within the company’s commercial team, which oversees sales and service operations. Rivian described the move as part of an ongoing effort to “improve operational efficiency” while preparing for the release of its new, more affordable SUV, the R2, scheduled to launch in 2026.

The new R2 model is expected to start at around $45,000, significantly less than Rivian’s current lineup, which includes the R1S SUV (starting at roughly $77,000) and the R1T pickup (around $71,000). Analysts see the R2 as crucial for Rivian to broaden its customer base and compete more effectively in the EV market.

These layoffs come against a backdrop of significant regulatory changes affecting the EV industry. The $7,500 federal tax credit for electric vehicles is set to expire on September 30, 2025, years earlier than originally planned. That policy change has placed additional financial strain on EV-only automakers like Rivian, which lack gas-powered models to offset regulatory costs.

Another major setback was the removal of strict Corporate Average Fuel Economy (CAFE) penalties. In the past, traditional automakers that failed to meet fuel efficiency standards could buy credits from EV-focused companies like Tesla and Rivian. Tesla alone earned $2.8 billion globally through this system, and Rivian has warned that the loss of these credits could cost it about $100 million.

Rivian is not the only automaker affected. In August, General Motors temporarily laid off 360 workers at its Factory ZERO plant in Detroit, citing “market dynamics” and reduced EV demand. The rollback of incentives and regulatory requirements signals a broader challenge for the EV industry, which must now compete more directly with traditional gasoline-powered vehicles at a time when production costs remain high.

For consumers, the end of the federal EV tax credit means those considering a switch to electric vehicles may want to act quickly. However, Rivian hopes its lower-priced R2 SUV will keep buyers interested when it enters mass production in 2026.


LSG Layoffs (Phoenix, AZ) - 500+ Laid Off

Airport caterer to lay off hundreds of workers at Sky Harbor

https://www.bizjournals.com/phoenix/news/2025/09/05/lsg-sky-chefs-lays-off-hundreds-phoenix-sky-harbor.html

  • LSG Sky Chefs will lay off 259 workers at Phoenix Sky Harbor Airport after an airline contract ends but will continue operations and support staff.
    Company: LSG Sky Chefs
    Number of People Laid Off: 259
    Locations: Phoenix, AZ
    Industry: Catering

Saputo RIF

Saputo Cheese to close Suamico manufacturing plant by end of December, laying off 240
https://www.greenbaypressgazette.com/story/money/companies/2025/09/06/saputo-cheese-to-close-green-bay-area-plant-lay-off-240-workers/86012895007/
Suamico Cheese Inc. says it will close its manufacturing facility in December, according to a letter sent to state DWD.
Company: Saputo Cheese
Number of People Laid Off: 240
Locations: Suamico, WI

Saputo Cheese USA Inc. will permanently close its manufacturing plant in Suamico, Wisconsin, by the end of December, resulting in the loss of 240 jobs. The company disclosed the closure in a September 3 letter to the Wisconsin Department of Workforce Development. Layoffs will be phased, beginning in November and continuing through December.

The decision to shut down the Suamico plant was first announced in February 2023. Saputo said the closure is part of its plan to consolidate and modernize operations. Packaging operations currently performed in Suamico will be shifted to a newer packaging and distribution facility in Franklin, Wisconsin, where more than 650 jobs are being created.

Saputo Inc., the Montreal-based parent company, has also recently expanded in the region with the opening of a cold storage distribution center in Caledonia, southeastern Wisconsin. While the Suamico closure marks a significant loss for workers in northeastern Wisconsin, the company is repositioning its operations further south to streamline efficiency and support growth.


Who Owns COP?

  • Who Owns ConocoPhillips? Oil Giant to Axe Up to 3,250 Staff in Brutal Global Layoffs as Energy Crisis Bites

https://www.msn.com/en-gb/money/other/who-owns-conocophillips-oil-giant-to-axe-up-to-3-250-staff-in-brutal-global-layoffs-as-energy-crisis-bites/ar-AA1M0rAK

  • ConocoPhillips will cut up to 3250 jobs worldwide by the end of 2025, slashing 20% to 25% of its global workforce in a sweeping restructuring plan.
    Company: ConocoPhillips
    Number of People Laid Off: 3250
    Published At: 09/06/2025 & 11:21 AM UTC
    Industry: Oil and gas

ConocoPhillips, one of the largest independent oil and gas companies in the United States, has announced plans to cut up to 3,250 jobs worldwide by the end of 2025. This represents between 20 and 25 percent of its global workforce. The company said the layoffs are part of a restructuring effort driven by falling crude oil prices, rising production costs, and broader economic pressures that have reduced profitability.

Headquartered in Houston, ConocoPhillips became a standalone upstream energy company in 2012 after spinning off its downstream operations into Phillips 66. The company is publicly traded, and ownership is spread across institutional investors, mutual funds, hedge funds, and individual shareholders — meaning no single entity controls it outright.

Leadership remains under CEO and Chairman Ryan Lance, who has held the role since 2012. During his tenure, the company has expanded through acquisitions, most recently completing a $22.5 billion purchase of Marathon Oil earlier this year. Despite this growth, the company is now moving aggressively to cut costs and reposition itself amid ongoing volatility in the global energy sector.