#layoffs

Too many reports of people 55+ being let go in disproportionate numbers.

I am afraid that laying off people here and there won't cut it.

Sh-t started going down on last years of MP
And 3 or 4 years of JD's sh-t
And 18 months of EH feeble efforts.
That means that Nike has been on downward slide for 7 to 9 years.

And pandemic's boost made d-mb JD a distorted view of reality, leading or not leading to cliff that we are experiencing.

EH's small scale effort will not change anything. He can layoff until he is the last one left. We might as have same or better result praying and knocking on the woods!!!

I heard potentially thousands of layoffs.

Unsure the total amount but dozens, if not over 100 HCA IT colleagues went through Layoffs today. Developers, Identity and Access resources and more being reported.

can one of the origional posters about the mass layoffs before may 1 please provide an update on what you know? Tomorrow is May 1. Should we assume we will he laid off in the morning? Or has this been canceled? I have also spent alot of time online trying to find out about the WARN notice and everything I have found says that Sunrun has not filed a WARN notice I'm the month of april.

If you do not believe that layoffs are coming, then just scroll past.. do not have to respond it saying fake news..

I want to hear from someone here if anyone has first hand info on layoffs.. which orgs are being targeted and is it targeting individual contributors or managers or evenly distributed

Does anyone have a rough idea of how many people were just laid off?

Anyone else notice the internal job posting site is down on the day of layoffs?

I saw in another post that 30% of OI employees would be impacted. Doesn't seem that way. Anyone know if they can give you notice on 5/1 vs. today?

Do the not read the room? Folks are constantly worried about layoffs. Can’t afford groceries with the minimal raises and no promotion opportunities but hey donate to the PAC.

The career progression is like this: You work to improve yourself over 25 years in semiconductors. You will become an expert who can resolve all special taks. save money, improve yield and make projects successfull. Everybody is happy, but.....the salary increases over years......Finally they will lay you off because your salary is too high, higher than graduate´s salary. Managment does not understand that what moves the company forward is the technical experties and speed. It is not important anymore, what only matters are cheap incompetent graduates who are asap hired mainly from none technical fields because they are cheaper than graduates from technicial fields. All slows down, projects slow downs or crash, problems remain unresloved, yield is terrible, customers lots..... Well seniors are fired and youner ones cannot cope with it.... Solution? They repeat the same mistakes over and over.....Perhaps the company shall be renamed to "Inferno Hindmalay Semiconductors Technologies GmbH".

Texas lags in artificial intelligence job growth despite high salaries. A study ranked Texas 36th nationally for AI job listings. Oracle Corp. laid off over 25,000 employees recently. These job cuts are tied to AI investments and company reorganization. Other major tech companies also reduced staff due to AI implementation.

Austin, Texas

https://www.statesman.com/business/technology/article/ai-layoffs-salaries-texas-22215699.php

Cognizant Technology Solutions plans to cut approximately 4,000 jobs. This represents about one percent of its global workforce. The company is shifting towards automation and artificial intelligence. It also launched Project Leap to invest in AI and digital capabilities. This marks the second round of layoffs under CEO S Ravi Kumar.

https://www.cnbctv18.com/education/cognizant-plans-4000-job-cuts-amid-ai-push-launches-project-leap-ws-l-19896374.htm

Vertex plans to lay off 170 employees. This decision supports a strategic shift. The company aims to become AI-first. CEO Christopher Young announced the change. The layoffs are part of this AI transition.

Philadelphia, PA

https://www.bizjournals.com/philadelphia/news/2026/04/29/vertex-lays-off-9-of-workforce.html

It's posted in the WARN NOTICE that Cigna was going to do lay offs on the 29th yesterday. The next date is May 20th what a Mother's day gift!!!!!

#AI-mad Verizon to continue with cuts after CEO's jobs warning
Verizon CEO Dan Schulman has now completed the 13,000 layoffs he promised last November, but more could lie ahead. [ Lightreading 📰].

Iain Morris,International Editor,Light Reading — April 30, 2026

Company bosses occasionally praise their employees in public and note the importance of talent. That doesn't quite ring true when they are cutting thousands of jobs, as many are, which might partly explain why lauding AI is now much more fashionable. Attributing job cuts to the solid efforts of the new AI recruit, which bosses have anthropomorphized by saying it is an "agent" or does "reasoning," is even trendier.

It's quite a turnaround from a few years ago, when linking #automation, let alone AI, to job losses was as taboo as nudity in the workplace. No, no, managers frowned, new tech will merely liberate workers from drudgery and provide time for more satisfying pursuits. This was obviously before generative #AI (GenAI) threatened to liberate content creators from creating content so they could spend more time cleaning laptop screens or making tea – until GenAI turned out to be a duff substitute prone to mendacity.

Regardless, investors, if not employees, like the sound of a super-lean and highly profitable company run by AI rather than people. Fearful of missing out on a new tech bonanza, authorities have stopped worrying about the risks and jumped. Suddenly, the hallucinating software developed by a strange cult of effective altruists is being foisted on the world's population by governments and companies of all types. No longer taboo, the linkage between #AI and #joblessness has been normalized in that process.

Into this maelstrom stepped Dan Schulman on October 6 last year, when he was appointed CEO of Verizon, one of the biggest telecom operators in the US (and, therefore, the world). It has been a major US employer, with more than 180,000 members of staff back in 2012. Yet by the time Schulman joined, just 100,000 were left after multiple rounds of restructuring and #layoffs.

Schulman's Verizon shrank even more rapidly during his first three months in charge and already seems to feature more agents than The Matrix. It's "where we have agent-building capabilities," was how he described part of Verizon's AI tech stack to equity analysts on the company's earnings call this week. Another layer "is where we deploy agents," he continued. The cost cutting looks set to go on.

'Never send a human to do a machine's job'

In the last decade, most of the job losses at #Verizon have had very little to do with AI and almost nothing to do with its generative version, which did not even exist until around three-and-a-half years ago, when the company was already down to fewer than 120,000 employees. Even so, another 30,000 had disappeared by the end of last year, including about 10,000 since Schulman took over. In November, he had warned staff of plans to cut 13,000 jobs. All those now seem to have been cut. "We're running leaner with the 13,000 reduction behind us," said Tony Skiadas, Verizon's CFO, on the earnings call.

https://www.lightreading.com/ai-machine-learning/ai-mad-verizon-to-continue-with-cuts-after-ceo-s-jobs-warning

Up to 10 people have been laid off with more planed

A lawsuit has been filed against Wren Kitchens. This legal action follows recent mass layoffs. The company's job cuts were reportedly abrupt. The lawsuit addresses these sudden terminations. Affected employees were located in Northeastern Pennsylvania.

https://www.audacy.com/wilknews/news/local/lawsuit-filed-against-wren-kitchens-over-abrupt-mass-layoffs-in-nepa

McDonald's laid off employees across Global Tech. Some individual layoffs were done in advance of the group layoffs to artificially keep the total numbers down.

Saks Global is reducing its corporate headquarters workforce. The company is cutting 16 percent of these positions. This action impacts approximately 640 workers. These layoffs reflect an optimized operational footprint. Saks Global filed for Chapter 11 bankruptcy earlier this year.

New York, New York

https://wwd.com/business-news/retail/saks-global-sets-more-layoffs-at-corporate-office-1238935066/

Who heard about this

Albertsons is undertaking a new restructuring. Two retail locations in Texas ceased operations. This impacted 138 individuals. A major acquisition attempt involving Kroger collapsed. The company now faces intense competition alone.

Texas

https://internationalsupermarketnews.com/albertsons-at-a-crossroads-store-closures-layoffs-and-the-aftermath-of-a-failed-merger/

Infosys CEO Salil Parekh confirmed the company has no plans for layoffs. He stated Infosys has not conducted any layoffs in the past year. Parekh believes artificial intelligence expands work opportunities rather than reducing them. The company intends to hire approximately 20,000 fresh graduates in 2026. Infosys is also actively reskilling its engineers to work with AI-driven tools.

https://www.peoplematters.in/news/ai-and-emerging-tech/no-layoffs-at-infosys-as-ceo-says-ai-is-expanding-work-report-49481

Baptist Health Fort Smith announced significant service reductions. These changes specifically impact inpatient care offerings. The hospital is also implementing staff layoffs. Officials confirmed the facility will not close entirely. Instead, it will operate with a more limited scope of services.

Fort Smith

https://www.5newsonline.com/video/news/health/baptist-health-fort-smith-announces-inpatient-service-cuts-layoffs/527-be08743e-61cb-41ea-a62b-920573f2734c

AI and shifting supervisory roles to lower cost regions like India can significantly reduce operating expenses in call centers. AI tools handle routine inquiries, automate quality monitoring, and assist agents in real time, which cuts down on staffing needs and boosts efficiency. At the same time, outsourcing supervisor roles to India lowers salary and overhead costs while still maintaining 24/7 coverage and scalability. Together, this combination allows companies to streamline operations, improve response times, and maintain service quality at a fraction of the traditional cost.

"The company faces challenges with limited IT resources and staffing shortages in its vertical markets."
Uhhhhh, well maybe quit laying off the IT staff and hiring incompetent Offshore folks.

"The company is still in the early stages of broader commercialization of its AI offerings, which may delay potential revenue growth."
Translation. I know we SAID we an AI company, but we've never really sold AI before. (Forget about the fact that we still havent created anything AI, unless you count ChatGPT making up our press releases)

Here is a new 41 minutes interview with Dan Schuman Interview posted 4 Hours ago on YouTube channel Semafor of you are interested. Link is at the bottom.

“If somebody’s going to punch me, I’m going to punch back,” Verizon CEO Dan Schulman says in this episode of The CEO Signal.

Schulman, who came out of retirement six months ago to lead the $200 billion telecoms company, reveals that he initially turned the job down — twice. But his mandate is blunt: stop losing customers to its rivals, regain Verizon’s “swagger,” and move it from a defensive posture to one that is “playing to win.”

That reset has come with hard choices. Schulman discusses Verizon’s major restructuring, why he chose to announce 13,000 job cuts all at once rather than “bleed it out over multiple quarters,” and why he thinks CEOs have responsibilities to employees who are leaving as well as those who remain.
Schulman describes the job of leadership as defining reality while inspiring hope — even when the reality is uncomfortable.

Schulman also looks ahead to the convergence of AI, quantum computing and robotics, and argues that CEOs need to be open-minded, humble and fast-moving. “A quick decision that is wrong and you self-correct,” he says, “is way better than spending months creating the perfect decision.”
About the show

The CEO Signal is Semafor’s interview platform for conversations with the global CEOs whose decisions are shaping the future of the new world economy. Hosted by Penny Pritzker and Andrew Edgecliffe-Johnson, the show explores the moments of judgment that define leadership.

Penny Pritzker is the founder and chairman of PSP Partners and served as U.S. Secretary of Commerce from 2013 to 2017.

Andrew Edgecliffe-Johnson is CEO Editor at Semafor and a former Financial Times journalist who has spent decades covering global companies and corporate leadership.

https://youtu.be/rIy0WpUHm_w

They just laid off a whole team of US base virtual customer service representative yesterday, April 29, 2026

Hearing of layoffs across the company from SVPs, VPs, Directors to the Operations level

Unpopular opinion: many of the people who were let go weren’t adding enough value to justify their roles. If we’re being honest, there’s probably more inefficiency still left in the system.

Anyone know about this? I saw it on nj.com

40 let go last week. A couple were people that were the only person that worked on their particular project in their capacity. I wish them well. It's basically monthly now.

Doesn’t seem like any layoffs are taking place today????

Did you anyone receive them email that was sent out this morning about Cigna getting rid of IFP plans starting in 2027? What does this mean for our jobs? If Cigna is no longer offering IFP PLANS starting 2027, does this mean employees in that department will also be fired? I’m just trying to understand all of this.

If you are placed on 60 day no work notice. Do you accumulate PTO during that time to be paid out on or catch up to PTO used but not yet accrued? Thanks!

Workday IT support and legal have reviewed everything. They are now testing the data loads into workday. Pipeline is built out and the final kinks are being worked out now. Its been 6 months since the last one, most leaders are worried, on high alert, and ready for movement to get going next week. Lists were made a couple months ago based on the scripting and code prompts being run in workday for testing the last 2-3 weeks. If your manager doesn't think this is true they just have their head in the sand. Q1 results good or bad would change stop this from happening, this is Dan's plan "cut cut cut and cut so more". We took on billions in new debt, cutting employees is the only way to pay that back. Expect another one next quarter before the stock grant is given in October.