#layoffs

The other post misread the email so clarifying here. They are consolidating roles outside of phk and itc INTO PHK and ITC. This does not mean no PHK cuts, it just means that they are not necessarily going to cut all or even the majority of the 1400 roles in PHK.

I keep getting job cancellation emails from this place for most/all positions I applied for! What's going on in the Atlanta office? Has anyone new joined this year?

Confirmed by a senior leader.

It’s frustrating that they do not see how it’s impacting productivity of the entire workforce.

Reduce the workforce by 50% and let the other 50% do their job in peace. Right now , no one is doing their full potential because it’s always layoff axe on their necks.

Anyone seen the embarrassing BBC article about Aberdeen Hydrogen and BP involvement.
Can BP shareholders find out how much BP invested ? Are there P45s now being handed out ?

1400 at PHK is massive, majority in tech

At least for the 19,100 employees reduced since March 2025 according to Q1 2026 financial news release.

Congrats to those that remain on the increased value of your retained RSU and outlook.

buy a brother a beer?

Well, the company with the funny name N-everPure run by the man with the funny hat is in deep… all their moat of DirectFlash is in a bit of hot water, every-green is now never-green or ever greenER as in pay up more, no matter what the little paper you sing says… they either missed the rise in pricing of just lied to customer and the street about how much their DirectFlash was deflecting the pricing pressure… looks like their major price hikes is going to put all the “momentum” under lot’s of pressure… little man is going to put his chopping blades to good use… the field is getting recalibrated… yes, their going to blame AI, only this time, it’s true…

The Insider: The one who actually knows what’s going on behind closed doors. We’re all just here for your leaks. Keep the scoop coming.

The Doom-Scroller: The person paralyzed by layoff anxiety. If you’re this stressed, just close the tab. The cuts are coming whether you read about them or not.

The Lifer: The employee who’s been at AIG too long and doesn’t know what to do. You can Leave. Just Walk Out! If it su-ks, hit da bricks!

The Rookie: The wide-eyed new hire. Do yourself a favour and read the archives. You’re looking at your future. Get out before you become a permanent fixture here.

The Alumnus: The former employee who can’t stop checking the ex-girlfriend’s Instagram. You made it out! Go enjoy your freedom and stop posting here.

The Grudge-Holder: The one who really hates the Retail Casualty CFO. You’re shouting into a void because they aren't reading this. It’s time to drop the vendetta.

The Offshored: The one venting about their role moving overseas (and is a bit racist about it too). We hear you, but there’s nothing you can do. No one is safe from the pivot.

The Speculator: The "Any rumors?" guy. Yes, there are always rumors. It’s either layoffs or a buyout, but it’s all noise until the checks stop clearing.

The "Wait for the Severance" Strategist: The veteran who actually wants to be laid off. They’ve crunched the numbers and are actively rooting for their own department to be laid off. Good luck, we’re rooting for you too.

The Ghost of Corebridge: The person who still hasn't figured out they're no longer part of AIG. You really need your own forum.

The HR Plant: We see you.

The Remote Work Zealot: Regardless of the thread topic: Layoffs, earnings, whatever. They will find a way to argue that forcing people back to the office is the root of all evil.

The Pension Clock-Watcher: The person who has been there 25+ years and wants another round of VERP. Good luck but it’s not happening anytime soon.

Who did I miss?

Hearing a rumor that there will be layoffs and notifications beginning the first week of May. Any truth?

Wondering if anyone who submitted their name for VRIF has heard back from anyone yet. I’m also curious the % of people who submitted their name. I feel more than we think.

IT&V’s town hall is scheduled the day before Tuesday… are they doing layoffs the day before??
What will the topics be?
My guesses:

• AI
• The need to reduce headcount
• AI
• Do more with less
• AI
• India
• AI

Any bets?

HACC approved a $128 million operating budget for 2026-27. This budget includes cutting 87 current employee jobs and two faculty positions. Additionally, 41 vacant positions will be eliminated. Other cost-saving measures involve phasing out some academic programs. The college stated these difficult decisions were necessary.

Pennsylvania

https://lancasteronline.com/news/local/hacc-to-lay-off-87-staffers-2-faculty-and-cut-41-positions-as-part-of/article_318aaa66-4dc0-4d9c-91ee-68da9ee9fb52.html

It begins. More big layoffs due to AI.

https://www.dailymail.com/yourmoney/article-15760081/meta-zuckerberg-axes-jobs-ai.html

Us Weekly announced significant staff reductions. The company cut approximately half of its employees. This included the entire social media and español teams. Management cited weaker first-quarter performance as the reason. These layoffs reflect the challenging magazine industry landscape.

New York, New York

https://www.status.news/p/us-weekly-layoffs

F5 started adopting forced resignations instead of layoffs. Recently did let go 22 members and no one is talking about it.

It's very hard to choose a person from your team.

Microsoft Offers BuyOut and Plans more layoff after that
Meta plans layoff.
Market in total chaos. Holding to the current position.

The Bensalem Township School Board approved significant job cuts. This decision was made during an April 22 meeting. A total of 31 professional positions are eliminated for the 2026-27 school year. These cuts include teachers, librarians, counselors, and administrators. The district aims to balance a nearly $12 million budget deficit.

Bensalem, Pennsylvania

https://www.phillyburbs.com/story/news/education/2026/04/23/bensalem-township-school-board-oks-31-layoffs-including-teachers-counselors-librarians-budget/89741980007/

Sandy Alexander, Inc. filed a WARN notice with the New Jersey Department of Labor. The company plans to lay off 151 employees. These job cuts will occur at its Clifton, New Jersey facility. Layoffs are scheduled to take effect on July 19, 2026. The company did not provide a reason for these workforce reductions.

Clifton, New Jersey

https://whatnow.com/new-york/local-news/print-and-marketing-company-plans-150-layoffs-this-summer/

Lowe's Companies announced plans to cut 600 corporate and support roles nationwide. This reduction represents about one percent of its total workforce. The company aims to shift resources toward store operations and customer-facing employees. Many affected employees are based in Mooresville and Charlotte, North Carolina.

Mooresville, North Carolina

http://www.msn.com/en-us/money/companies/lowe-s-begins-layoffs-in-north-carolina-plans-600-job-cuts/ar-AA1WBcI5?apiversion=v2&domshim=1&noservercache=1&noservertelemetry=1&batchservertelemetry=1&renderwebcomponents=1&wcseo=1&bundles=feat-es2020-c

Republic National Distributing announced upcoming job cuts. A total of 320 Denver-area positions will be eliminated. These layoffs stem from a company sale. This action is part of a larger industry consolidation. It marks the second major distributor warning of hundreds of layoffs this month.

Denver, Colorado

https://www.bizjournals.com/denver/news/2026/04/23/republic-national-distributing-littleton-layoffs.html

Heard around 20+ dispatchers laid off last week. Positions moved to a vendor in India.

Manteca police and firefighters avoided scheduled layoffs. Both associations agreed to significant compensation concessions. Police officers will now contribute 18% of their gross pay to PERS. Firefighters increased their PERS contributions and left three positions vacant. These agreements help the city address a $4.2 million budget shortfall.

https://www.mantecabulletin.com/news/no-police-firefighter-layoffs/

Fort Worth ISD may experience more layoffs. An additional school could also close. This school was established for immigrant children. Its purpose is to help them learn English. Both developments are currently possible.

Fort Worth, Texas

https://www.wfaa.com/video/news/education/more-layoffs-may-be-on-the-way-for-fort-worth-isd/287-7d528adb-c934-47da-8422-97cc08501e1c

Many U.S. companies, including several in California, announced layoffs this week. These job cuts span various industries like technology, finance, and healthcare. Companies such as Lucid Group, C3.ai, and Wells Fargo are among those affected. The reductions reflect restructuring efforts and cost-cutting measures. Automation and artificial intelligence also contribute to these workforce changes.

https://patch.com/california/across-ca/thousands-layoffs-announced-ca-companies

Another round of layoffs. First in March for 60+ people and then again in April. Company cannot stop bleeding money.

Madison County leads Central and Eastern Kentucky in recent layoffs. The Blue Oval SK Group plant in Hardin County closed. This closure affected over 1,500 employees. Louisville and Madison County also experienced hundreds of job losses. UPS will close its Stanton package terminal, affecting 51 jobs.

Frankfort, Kentucky

https://www.wkyt.com/2026/04/23/factcheck-madison-county-leads-central-eastern-kentucky-layoffs-this-year/

It came out in a manager's meeting, and a lot of names were brought up. Many had been with the bank for years and knew how things were "glued" together and were well regarded. There was mild panic about all of the knowledge they took with them, not that executive leadership cares.

"...they've confused efficiency with purpose, growth with meaning, and the elimination of people with progress." - Eric Markowitz

Instead of a major round, a few people get cut here, a few there? I'll be honest, I'd much prefer a single round and knowing I was safe after it than having to worry every single day if my team is next.

Let me start with that all of the below are my opinions based on very close up observations of the people I'm commenting on and that I won't refer to anyone by name below the ET Level.

Cengage is only about optics at this point and I wouldn't be surprised if their main focus was maintaining the illusion as they work to go public and cash out.

First, Mr. Hansen has been and is a terrible leader who has largely rewarded terrible leaders and pushing out those that inspired.

He brought in one of the worst bullies I've ever seen in as Chief Product Officer and has continued this pattern of getting rid of true leaders with true vision that challenged the status quo over BS artists whose only talents are internal backstabbing, firing people, and posting articles that appear to be written by AI on LinkedIn as to appear as some profound thought leaders (see Mr. Wolbe and Mr. Persons).

How many reorgs and transformations do the same folks get before realizing the real problem is with leadership, not the operating model nor the people doing the jobs of 4 people for the salary of someone that is entry level.

How much money does Mr. Wolbe get to spend on consultants that do nothing but waste money while people that kept the company functioning are let go?

Instead of leveraging things like Cengage Unlimited to be disruptive, they just added this to yet another offering in their overly complex GTM model as none of these back stabbing leaders understand this business or, seemingly, any others.

The AI strategy is a joke with tools that are unlikely to be used and the arrogance and incompetence of "fake it until you make it" Mr. Persons running the show. The company is thus likely many years behind competitors here and AI is pure theater at Cengage.

For the competent, hard working folks at Cengage, the reward is layoffs or taking on the work of those laid off. Then training your likely, incompetent replacements.

For some reason, many of those that are known underperformers have slipped under the radar while top performers are moving onto competitors and the companies that will ultimately disrupt Cengage.

The focus seems to be to try and make the P&L look as good as possible for the IPO and then for those that can cash out to do so while leaving the barely functioning company and problem for the next regime (assuming there is a company left)

For those still there, everything you have worked on and given your blood, sweat, and tears to has already been destroyed.

You can stay and train the incompetent, ex-management consulting replacements or you can try to find another job now and leave those working to cash out holding the bag.

With the outsourcing of content and seemingly irresponsible use of AI in creating content for products, I'm not sure why anyone would use or trust a Cengage Product at this point.

The industry and customers are watching as those you fired are the trusted thought leaders in the future of Education and those you have leading are seen as irrelevant folks regurgitating AI-generated slop. I'm sure you were embarrassed at ASU.

Behaviour Interactive has faced backlash following a recent round of layoffs that included a senior animator responsible for key work on popular Dead by Daylight characters. The timing of these staff reductions has drawn significant criticism as they occurred just one month before the game's 10th anniversary.

Key issues surrounding the situation include:

Potential Strategic Downsizing: Reports suggest the company may be conducting smaller, staggered layoff rounds to avoid the public and regulatory scrutiny that accompanies larger workforce reductions.
Corporate Expansion vs. Internal Cuts: The studio has continued to acquire other companies, such as Red Hook Studios and The Fun Pi-ps, while simultaneously reducing its own headcount, leading to questions about financial priorities.
Questionable Public Messaging: Criticism has been raised regarding the company's decision to promote a new, paid Rift Pass featuring legendary skins on the same day these layoffs were made public, highlighting a perceived disconnect between commercial activities and the treatment of employees.

Down 9% on opening. Is the jig up at IBM? Will they hit the RA button to try and salvage this sinking ship?

Does the US Consulting Business even exist anymore? FSI, Manufacturing and Healthcare have all been gutted. Anyone left, or is this place now just an offshore staff aug sweatshop?

Does anyone have an idea of what teams/departments will be impacted by next week’s layoffs?

Any person, young or old, should steer wide of telecom which is a capital intensive business subject to large bo-m-bust cycles resulting in ever present layoffs and dead end careers. Ever since the IT people took over in the early 2000s, it's been an endless rip and replace operation and a meat grinder for anyone employed in it. You'll get worked long hours for stagnant pay then kicked out the door on a whim.

Good advice from @qq+1kpkaw8fk.

It seems to me the leadership is trying to have its cake and eat it. Stretch the remaining workforce as much as you can whilst expecting them to adopt AI, close multiple offices, remove any hope of career advancement unless you want to move 1000 miles, provide no clear strategy or plan and leave everyone on tenterhooks wondering if they’re the next one to be riffed. No empathy or support from senior leadership or HR. It’s a complete shambles and something major is going to go wrong very soon operationally. Verizon is not currently a coherent or fully functioning company. It’s crying out for some strong and clear leadership that adopt an understandable and logical communication plan

Lake Mary will close the 2nd and 3rd floors. Probably be told to work from home and then rifs after that.

Between Ai and Ai and TMI we it’s coming to a close.

Thanks for your candor.

I’m excited to provide my kids visibility to the wonderful life of being a Vteamer today! They are also honored and humbled to attend. We have been going through post it notes as a family to train them for today with key critical learnings. These include inquiring about the power of convergence, setting the foundation, playing to win, JOMO, and of course harnessing AI. They also know not to ask about building closures, layoffs, offshoring American jobs, reorgs, aol, yahoo, blue jeans, Verizon global services, plus play and more. I can’t wait to follow up, circle back and close the loop to hear about their day. Proud to be vz. Let’s go team!!!!

Are 2026 layoffs continuing? I heard that most of IT support was let go. Truth? Who else was impacted? No WARN notices so all under the radar?