#layoffs

While you are busy Mickey Mousing, cutting and laying off people every month without solving big problem. There is a marauder on the horizon. And I am afraid they are here is to conquer you.
And I am talking about Chinese Shoe Makers. Yes, those people that were making your contract Nikes are now have grown up.
I was at GuangZhou about 30 days ago and I had to admit that I was impressed of Anta and Li Ning. And the energy and motivation that I felt from them was same one that I got from Nike during 90s.
Just like Nike of yesterday years, NO was not an answer. Arrogance, entitlement, overconfidence was not with them yet.
And they are ready to expand. They conquered China and Asia. Now they are eyeing towards America.

Get your A game out!!

Or one IT design from Anta and it will leave Nike in the dust.

Any ideas on where everyone went? What companies are you all at now and can you help any remaining Cengager's get out or catch the fall?

Anyone notice that all the employees who have completed 40 years of service at Citibank are being let go as a long service reward?

Anyone lose their jobs in credit balance? God I wish they would lay me off.

This is what we were told :
Sr leadership are moving toward consolidating developers into larger teams (minimum of 10-15 people) rather than smaller squads.
At the leadership level:

• VP-level Squad Leaders overseeing non-prioritized projects, small teams, or any L8 Individual Contributors are at risk of layoffs.
• Those who retain their positions may be reassigned to L7 Director roles and report to Engineering.
• For non-core business functions (Finance, HR, Marketing), we may see also reduced headcount to streamline operations and reduce fat.

Specifically:

• There can be an approximate 15% reduction in technology leadership positions (L7+)
• Non-leadership roles will see minimal reductions, but still possible
• Contractor contracts may not be extended
• Please be prepared for potential changes in your reporting structure.

Drahi getting desperate and selling more assets. As we all know as part of his procurement scam, money laundering scheme we are forced to do business at inflated rates with businesses he owns to bring in more money for him beyond what he can make from Altice and Altice USA. One of those companies is Intelcia. He purposely laid off thousands of call center employees, ruining lives, just so he could outsource the jobs to a company he owns to make more money. Pays less for customer service and personally makes more money. Well to keep the mothership alive, Altice just sold their 65% stake in Intelcia to gain funds to pay some of their debt pressure. What else to be sold?

https://www.forbesmiddleeast.com/industry/telecommunications/billionaire-patrick-drahis-altice-to-sell-65-stake-in-moroccos-intelcia

Wikipedia quotes 12,170, but I suppose that does not include recent layoffs.

To help everyone - No jobs (anywhere) are permanent.

To all Castrol colleagues, especially folks in Digital Technology, how are you guys feeling about the ringfence situation and the fact that you are being forced to move out of BP.

Do you feel positive about the future or are you polishing your CVs? What do you think about RD as leader and the org structure he shared recently?

St. Lawrence College is laying off 28 full-time faculty members. These layoffs will affect all three of its campuses. The college president stated program suspensions and restructuring caused the cuts. The faculty union, OPSEU Local 417, links the layoffs to a planned merger. The union also filed an unfair labor practice and advocates for increased provincial funding.

https://www.standard-freeholder.com/news/st-lawrence-college-faculty-layoffs

A Lexington supplements distributor is shutting down operations. This closure will eliminate 130 jobs. The shutdown follows a recent company sale. Grocer giant Kroger sold the company. A larger supplements concern acquired the distributor.

Lexington, North Carolina

https://hoodline.com/2026/04/lexington-reeling-as-vitacost-axes-warehouse-130-jobs-lost/

Greenwood Leflore Hospital has filed for bankruptcy. The hospital also laid off 86 staff members. Several outpatient and wellness clinics have closed. These actions aim to restructure debt and stabilize operations. A potential partnership with the University of Mississippi Medical Center is being explored.

Greenwood, Mississippi

https://tippahnews.com/mississippi-news/bankruptcy-layoffs-put-greenwood-leflore-hospitals-future-in-doubt/

The Estée Lauder Companies increased its planned job cuts. It now plans to eliminate 9,000 to 10,000 positions. This is an increase from the earlier estimate of 5,800 to 7,000 roles. Over 70% of these additional cuts affect point-of-sale demonstration roles. These reductions are part of a shift towards high-growth channels.

https://www.happi.com/breaking-news/more-layoffs-at-estee-lauder/

Many mid-career millennials are dissatisfied with their current jobs. They prefer an external push like a layoff to voluntarily leaving. A survey by online education platform ELVTR found 37% of millennials are unhappy in their roles. Nearly six in 10 hoped for a layoff to exit their job. This trend is called "career dysmorphia" by ELVTR's CEO.

https://www.fastcompany.com/91502603/millennials-dont-want-to-quit-they-want-to-get-laid-off

Right now, fear is everywhere at Oracle. For a long time, the company’s raises and promotions have been pretty bad compared to places like Google or Meta. But despite the lower pay, so many people stayed. They were the real backbone of the company’s success, and they stuck around because they needed the stability for their visas, their families, or their health. They pushed through all the office politics and the lack of growth, thinking that their loyalty would eventually count for something.

But Oracle just proved those people wrong. The company treated its most loyal workers like they didn't matter. When the layoffs happened, their severance was tiny because their salaries had been kept so low for years. On top of that, they lost their stocks and were told they couldn't be rehired. It’s devastating to see people who gave everything to the company be left with no voice and no support.

Now, the "survivors" who are still there are realizing the same thing could happen to them. In this new AI era, you feel like just a name and a number on a screen. With everything moving to Nashville, there's this constant worry that your laptop could be shut off at any second. Honestly, no one is motivated anymore. We don't know when it is our turn. The whole company feels like it's in mourning, with everyone just doing the bare minimum to get by because the trust is completely gone.

TIAA is cutting 95 jobs. These layoffs affect its Denver office. The financial services giant is moving operations to Texas. TIAA is ending its lease early. This involves a prominent downtown Denver building.

Denver, Colorado

https://www.bizjournals.com/denver/news/2026/05/01/denver-layoffs-downtown-colorado-financial-giant.html

Milestone Technologies announced permanent layoffs affecting 66 workers. These employees are at a Prineville data center. The data center is tied to Meta Platforms. Layoffs are occurring due to an expiring contract. Terminations are expected to begin on June 28.

Prineville, Oregon

https://www.centraloregondaily.com/news/prineville/prineville-data-center-layoffs-meta-milestone/article_52864dd9-eeb6-44ed-ab79-6a55107f8105.html

A local plant announced significant layoffs. The company is BASF. Half of its workforce will be laid off. This represents about half of the town's population. The layoffs will have community impacts.

Bay Minette, Alabama

https://www.wkrg.com/video/community-impacts-on-basf-production-layoffs/11754866/

VR game developer Survios has reportedly laid off much of its staff. Employee LinkedIn posts indicate the studio's operations may effectively halt. One designer stated Survios would be "essentially shuttered." The company recently expanded beyond VR to PC and consoles. Survios has not yet publicly commented on the situation.

https://www.uploadvr.com/survios-reportedly-sees-critical-layoffs/

Indiana University's tech division cut jobs. Thirteen employees received notices of termination. This move aligns staff with institutional goals. It supports research and financial stability. The university remains silent on wider layoffs.

Bloomington, Indiana

https://www.ipm.org/news/2026-05-01/iu-tech-services-lays-off-13-university-quiet-on-scope-of-layoffs

Surprise! No.

“Cognizant to cut over 4,000 jobs as ‘Project Leap’ drives AI focus
by VARINDIA 2026-05-02”

Https://www.varindia.com/news/Cognizant-to-cut-over-4,000-jobs-as-%E2%80%98Project-Leap%E2%80%99-drives-AI-focus

Kent State University announced upcoming layoffs. This action addresses a projected $18 million budget shortfall. The shortfall is for the next fiscal year. Up to 45 currently occupied positions will be eliminated. This represents a portion of the university's 3,408 employees.

https://www.beaconjournal.com/story/news/education/campus/2026/05/01/ksu-president-todd-diacon-says-18-million-deficit-will-bring-layoffs/89896326007/

The Daily Wire has initiated staff layoffs. A company spokesperson confirmed the organizational restructuring. Cuts primarily affected the Nashville production office. The company will focus resources on new entertainment projects. This follows previous staff reductions in March 2025.

Nashville, TN

https://barrettmedia.com/2026/05/01/daily-wire-layoffs/

Eugene 4J School District is laying off over 170 employees. This action addresses a significant budget deficit. The deficit has grown to approximately $50 million. Layoffs will take effect at the start of the 2026-2027 school year. Further reductions may occur due to the increased shortfall.

Eugene, Oregon

https://kval.com/news/local/eugene-4j-school-district-to-see-layoffs

Reckitt Benckiser Group plans another round of layoffs in New Jersey. The company expects to let go 57 employees by March 2027. These job reductions will occur at its new Nutley headquarters. This is part of a restructuring campaign announced in July 2024. The strategy aims for a simpler organization focusing on core health and hygiene brands.

Nutley, New Jersey

https://njbiz.com/reckitt-layoffs-nutley-nj-2027/

WARN notices indicate ongoing U.S. company layoffs in May. These notices provide public indicators of large job cuts. Companies across various industries are announcing reductions. Meta plans to lay off 8,000 global employees starting May 20. Other firms like Swedish Match and GDIT also announced cuts.

https://www.newsweek.com/list-of-companies-laying-off-employees-in-may-11859936

Put it down in your calendar for April 29th, 2031. Remember to check (in 2031) if IBM did, indeed, hire 750 people in Chicago for "quantum" something.

http://techrights.org/n/2026/05/02/Thousands_of_Layoffs_at_IBM_So_IBM_Pays_Mainstream_Media_to_Cla.shtml

Arizona employers filed nine layoff notices in April. These notices announced plans to cut 940 jobs across the state. The layoffs affected various sectors. These included food service and nonprofit social services. Youth residential programs and beverage distribution also saw cuts.

Arizona

https://www.azcentral.com/story/money/business/economy/2026/05/01/arizona-layoffs-april-2026/89837962007/

For layoffs

https://time.com/article/2026/04/30/oracle-layoffs-ai-tech-jobs/

They su---r employees with RSUs and then just get them back in a layoff….to be given to the next group of su-kers

Checked with claude, they may save $600 M per year ongoing basis if they get rid of 10 percent people.

They are paying double for Mainframe and Cloud. Also schwab is much leaner at just 35k employees.

They may want to hire talented developers who recently laid off from Amazon or Meta.

This talk of going back everyday, it’s simply trying to downsize the firm. No way around that.

What if the Johnson Je-k Circle realizes this is a really painfully bad idea some time into 2027 when they’re already executing it. There’s a reason only certain places are executing this first.

Let’s say they finally make their alignments exactly how they want them to be organized. Be it making teams colocated, or whatever else they want to do. Then they realize “hey, some of these teams work better remote, and we’re impeding their ability to work”. Like software engineer teams. And then you have other positions who need an office to perform to the best of their ability.

The vast majority of us can say this is a grave mistake Abby is making. What if this is the mistake they need to make to realize that they need to go back to the old way, where there was more freedom for people who only had to go to the office for legitimately boosting work output?

If it took us all one year of doing this experiment, then for the overlords to get their ducks in a row… then the remainder of us who survive the layoffs could be allowed to work to the best of our ability, be it being remote or in the office if we need to be… then, maybe that’s what we just need to power through, if we have the ability to power through it.

It’ll be incredibly annoying of course, but, what if this is what it takes for them to let us go back to a work environment that’s accommodating to all of our individual needs?

Confirmed 5% RIF including Dinosaurs who would be forced to retire.

Is it true that at Google employees over 50 are viewed as not being in touch with technology and thus, forced out or laid off? I’ve heard this affects women more.

Salary and benefits are likely the biggest drivers of these cuts, people talk tech and AI but I am not sure if these are primary drivers... Anyway we (and others) may use opaque AI tools to hit cost-cutting targets, which can overlook performance, tenure, and so needed knowledge. High earners (even strong managers) can be cut simply because they just cost more.

Not sure how much we can change here but we can be ready. Polish your resume and stay alert. Leadership answers to shareholders not us, and layoffs are often the fastest way to cut costs when stock performance drops...

I know most of you are already aware, so I am preaching to the choir.

110 more gone on July 1. Good luck to everybody in Denver and those of you remaining at TIAA in other cities.

https://docs.google.com/spreadsheets/u/0/d/19jmo4Cwj933cmSBKV1t0zZ5O-2H5IpiLIhSH9MF8WF0/htmlview#gid=1928499704

https://drive.google.com/file/d/11x9ZfNw0eHylz-kc35L3xlABECj9JMYA/view

I don’t think there’ll be massive layoffs. Big ones are in the news like Meta dumping 8000. This is not a big RIF. My dept is barely hanging on with work we’re so slammed, so there’s no way there’s cuts. Not at the level going on here with speculation.

I'm actually looking forward to the first decent weekend in forever, and to never touching healthcare again. Got an interview next week for something completely different at a small company. Wish me luck. And do yourselves a favor, find something else.

Doesn't really matter, I suppose, they're coming eventually. A heads-up would be nice, though. Rumors are all over the place.

Anyone hear of eliminations? Heard of people being let go today Friday May 1…..