#restructuring

Posts mentioning hashtag #restructuring

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Harley-Davidson Revenue Down 26%; Layoffs Possible

Harley-Davidson experienced a challenging year with declining performance. Its revenue fell by 26%, and global sales also continued their downward slide. CEO Artie Starrs announced plans to reduce costs significantly. These efforts may include workforce reductions as part of broader restructuring. Union workers in Milwaukee are aware of potential job losses for both production and salaried staff.

https://www.motopinas.com/motorcycle-news/harley-davidson-s-2025-revenue-down-26-percent-layoffs-may-follow.html


Imagine That

Centene is navigating significant financial pressures heading into 2026, including a massive $6.6 billion loss in 2025 and projected 20% increases in 2026 ACA premium costs, which have driven ongoing restructuring and, for 2026, an environment of continued instability and potential, ongoing, or expected job reductions rather than a single, massive 2026 announcement.

Continued Instability: Following 2023's 2,000-job reduction, employees have reported ongoing, major layoffs and restructuring as of early 2026.

Financial Pressures: Centene reported a $1.1 billion loss for the fourth quarter of 2025, with a $6.6 billion loss for the full year 2025.

Market Challenges: The company is managing lower-than-expected enrollment in ACA plans, significant hits to Medicare Advantage revenue, and rising Medicaid costs.

Expected Trends: Analysts and reports suggest potential further cuts as the company attempts to stabilize after facing immense pressures on Medicaid and marketplace plans.

Although a specific "2026 headline" of X,X-X jobs has not been announced as of early 2026, the company is actively undergoing restructuring to manage significant losses, according to reports in early 2026.


Seres Therapeutics cuts 30% of staff, pauses trial

Seres Therapeutics announced a significant workforce reduction. The company plans to cut its headcount by 30%. It will also stop investing in its SER-155 phase 2 study. Operational focus will shift to high-value earlier-stage programs. This follows a 25% workforce reduction just months prior.

https://www.biopharmadive.com/news/seres-layoffs-restructuring-microbiome-immune-disease/812079/


This Company Su-ks

First of all, the on boarding process was absolutely horrendous, and I've had 3 different positions within the company, all of which my training was absolutely non existent. Every single day at work you have absolutely no idea what your doing, and cant ask for help because no one else knows what they are doing. The constant lay offs and restructuring have ruined this company, we lost all our talent and only wonder when our day comes of getting the boot as well.


It’s hard to stay motivated watching this unfold.

The stock is down 34% in a year and 65% over five years. Meanwhile, inside the company, we’ve lived through constant restructures: minimal pay rises, responsibility changes, de-levelling, demotions, removal of ratings, mass exits, elimination of People Partners and leader support systems — all under the banner of “transformation.”

Experienced talent keeps leaving. The people who knew how things worked are gone. Morale has taken hit after hit.

At the same time, the company has spent multi-millions over the past three years on external consultants to define strategy and redesign the operating model. As employees, it’s fair to ask: what has that delivered? Because from where we sit, strategy keeps shifting, products are launched with big promises and then fade away, and priorities change before anything has time to succeed.

Now we have a portfolio/solution structure that many are still trying to understand and explain consistently. That lack of clarity shows up with clients.

It feels like the people in the middle — managers, delivery leaders, client teams — are absorbing the impact of decisions made far above them.

This isn’t bitterness. Many of us care deeply about this company and want it to succeed.

But at some point, accountability has to apply at the top too - something should be done - the CEO, CPO, CFO, CCO all need a change in career.


Converse Employees Face Layoffs, Restructuring

Converse employees were told to work from home this week. Layoffs and restructuring are expected at the brand. Converse CEO Aaron Cain sent a note to employees about the changes. The Boston-based brand reported a 30% drop in quarterly sales. These actions are part of Nike CEO Elliott Hill's turnaround plan.

https://www.oregonlive.com/business/2026/02/layoffs-expected-at-nikes-converse-brand.html


Forrester Research Announces Workforce Reduction and Restructuring Plan

On February 9, 2026, Forrester Research announced a workforce reduction of about 8% across geographies and functions, following notifications that began on December 15, 2025 and are slated to conclude by July 31, 2026. The company expects pre-tax expenses of roughly $10 million to $10.5 million in the fourth quarter of 2025 and the first three quarters of 2026, primarily for cash severance and employee benefit costs tied to these layoffs.

https://www.tipranks.com/news/company-announcements/forrester-research-announces-workforce-reduction-and-restructuring-plan


AP Layoffs & Changes

So now that AP has had all of its powers stripped and the new boss has laid off all of oversight, restructured technology to lay off people, and cut all of the district taskforce teams to replace only some of them with 1 investigator, how do we all think this is going to pan out?

I doubt his desperate attempt to offset the future losses (from his policies) by cost cutting everywhere else will not work. I expect store AP teams to start being cut by end of FY26 to cover for increased theft.

Also, what a great idea to cut technology! Not like 80-90% of the stores are running equipment from the late 90s that barely works or doesn’t work at all. This company loves to talk big about investing in our stores when they haven’t provided a comprehensive investment to safety & security in the last 30 years.


Bahama Breeze Exits South Florida, 377 Jobs Cut Statewide

Bahama Breeze is a casual dining brand. The company is exiting South Florida. Its parent company is restructuring the chain. This restructuring includes a statewide layoff. A total of 377 employees are affected

https://www.bizjournals.com/southflorida/news/2026/02/06/south-florida-bahama-breeze-shutdown-layoff-377.html


Idaho State University Reduces Workforce, Restructures Colleges Over Budget Deficit.

Idaho State University is laying off 45 employees. This action addresses an $8 million budget deficit. The College of Education will merge into a new humanities college. Biology department disciplines are also being reorganized. These changes aim to achieve significant cost savings.

https://www.idahostatejournal.com/freeaccess/45-layoffs-as-isu-axes-college-of-education-splits-biology-department-in-mass-restructuring/article_11660917-46c1-4ff9-b34c-b1c942eb4910.html


Block to cut 10% of employees

Jack Dorsey’s payments company Block Inc. has begun informing hundreds of employees that their roles could be eliminated during annual performance reviews, as the firm undertakes a wider restructuring effort.

https://www.tradingview.com/news/cointelegraph:ff1078dca094b:0-jack-dorsey-s-block-may-cut-up-to-10-of-staff-in-business-overhaul-report/


New Crown Castle 2.0

Like the saying goes it is better to be optimistic and wrong than pessimistic and right.

This is my hope. After the storm passes and we sell Fiber and Small Cell we have the money to hire many of these talented, loyal, and hard workers back. It was obvious the layoffs weren't well thought out. It was just a scramble to meet the numbers.

Maybe I am naive in thinking that is possible, but hopefully Crown wins and pull this off. Hate to see this company destroyed by all the bad decisions they made. I remember the glory years when it was just a tower company. The get togethers at the finest resorts, and it really felt like family.


Petaluma’s Small Precision Tools laying off 30 workers

A longtime Petaluma maker of tools for manufacturing electronics and devices for medical and dental treatments plans to cut 30 jobs this spring as its Swiss parent company restructures globally.

https://www.pressdemocrat.com/2026/02/06/petaluma-small-precision-tools-manufacturing-layoffs/


Interesting Data - More to come it seems very soon

In January 2026, U.S. employers announced 108,435 job cuts, the highest total for the first month of the year since 2009. This surge represents a 118% increase compared to January 2025 and a 205% jump from December 2025.
Primary Drivers: Massive restructuring at UPS (30,000 cuts) and Amazon (16,000 corporate roles) accounted for nearly half of the month's total layoffs.
Sector Impact: The hardest-hit industries included Transportation (31,243), Technology (22,291), and Healthcare (17,107).
Hiring Stagnation: Parallel to the cuts, hiring plans dropped to just 5,306, the lowest January figure on record since tracking began in 2009.
Leading Causes: According to the Challenger Report, the top reasons cited were contract losses, economic conditions, and organizational restructuring. - All companies are on the same path.


Go woke, go broke

https://media.about.nike.com/files/dfc58f03-c8b4-4fe8-ae74-0cd6e5cad60b/FY24-Representation-by-the-Numbers.pdf

If the EEOC’s investigation leads to evidence of discrimination what will be the relief? Does Nike People Solutions get an overhaul, DEI Vice President cut, abolish the illegal quotas, etc.? There seems to be a lot of predictions about GT layoffs but based on earnings may be a lot more restructuring timed with this DEI complaint…


New Job Req: Emerging Technology Risk and Control, Vice President

Are you looking for an exciting opportunity to manage workforce transitions and offshore operations? We are seeking a candidate to join our operations to assist with local workforce reductions and restructuring initiatives.

Job Requirements:

  • Comfortable working in a fast-paced environment to recklessly reduce headcount
  • Ability to follow directives (be a Yes-man) and execute strategy without reservation (don't ask questions).
  • Extensive experience in minimizing FTE value while promoting offshore and H-1B talent.
    • Familiar with AI. We've been claiming there we know AI just secure our position in the company but now the lies have caught up to us and we need someone that really knows it so we take credit from you.

Perks:

  • Exemption from Return-to-Office (RTO) policy.
  • Work from home and spy on employees.
  • Opportunity to lead workforce management strategies (degrade employees to force them to quit).
    • High potential bonuses - the more workers terminated, the bigger the payout.

Restructuring and Perspective

Sometimes the people who get laid off are actually the winners.
It’s a reminder that career growth and promotions aren’t always about performance, results, or dedication — sometimes it’s about timing, circumstances, or politics you can’t control.
Saying goodbye to a team and a role you’ve poured into is never easy, but it’s also a chance to gain clarity, reset priorities, and focus on opportunities that truly value hard work and leadership.
For those who remain, good luck navigating the changes — may this shakeup help everyone see what really matters.
Grateful for the lessons, proud of what was accomplished, and excited for what’s next.


I witnessed eight "restructurings" in less than four years. They finally got me in the ninth.

Despite what Trupanion is an incredibly weak company with upper management that only promotes sycophants while overlooking the actual hard workers and talent. Especially on the marketing side, I saw a disgusting amount of "restructurings" that took place literally every time an exec was promoted or when growth stagnated due to the C-suite repeatedly shutting down ideas that didn't come from themselves. So many excellent workers with incredible ideas just flushed down the drain. Multiple times, I saw them lay off people who were literally doing the work of what would be entire departments at any other job. Trupanion advertises a good culture upfront, but the reality is that they're the exact corporate nightmare that nobody wants to be caught dead in. Don't waste your time with this one. As we all used to joke, if you're actually good enough at your job, you'll either wind up quitting in frustration or getting laid off eventually.

Oh, and very few people ever make it to that five-year sabbatical they promise. It's just a way to lure you in. The executives have a nasty pattern of getting rid of people when they're about a year out from it so they don't have to pay it out.


fiercebiotech article on layoffs at CR

Charles River Closes Maryland Cell Therapy Site, Cuts 20 Jobs

Charles River Laboratories is closing its cell therapy CDMO site in Hanover, Maryland. This closure will result in 20 employee layoffs. The decision is part of a broader company restructuring. Other Charles River facilities will take over client work by mid-2026. The company aims to optimize its business and save $70 million annually by 2026.

https://www.fiercebiotech.com/cro/charles-river-close-cell-therapy-cdmo-site-lay-20-staffers


Teamworks tracking; February layoffs

Layoffs and restructuring are happening this month. Also, Teamworks metrics will start being actively reported to upper management and used as part of the justification for additional layoffs in 2026.

Post 9s, time offsite without PTO, total time onsite will all be monitored. Those of you waiting for a sign... I think this is it.


Finally Enrique Lores is gone!

Enrique Lores proved to be a deeply flawed leader in my view, prioritizing Latin American executives and DEI-driven hires over proven merit and technical expertise.
The multiple restructurings under his watch stripped the company of critical talent and institutional knowledge, leaving HP severely weakened.
With his departure, it's a genuinely positive day for HP—hopefully it's not too late for the company to recover, rebuild its core strengths, and return to prioritizing performance and innovation


Transcript from Dan on 1/30/2026 earnings call

And noncore areas that are not aligned to growth, including legacy areas are being significantly reduced and/or eliminated and that includes areas such as business wireline, nondirectional products, technology as well, wholesale, legacy copper and voice platforms and even projects with too long of a payback. So the team has done a great job in finding unit cost efficiency as we build both in wireless and in fiber, cost for prem pass, et cetera. So there's a lot of good work being there, and that helps us get to a lower CapEx envelope, but we're very focused on being very efficient with our capital deployment this year


MDT is here and engaging with site owners. A true layoff I posted was removed.

They probably argue that it is somehow a trade secret or otherwise. Let's see how long it lasts here, censored.

1) Cryocath in Montreal will close and has been a sh-tshow of a project for over 6 years now. Production moves to a PR site that I won't mention because maybe that's the confidential part, according to their argument. The delay is from the PR-side. Considering the 4 sites in PR, you can work it out yourself. Ask yourself why the last Manufacturing Director left after a relatively short time there and went to an MA/MN site. I forget which, but you can find it.

Anyone else can show you the slow layoffs and reduction in capacity from production lines over time. The employees themselves know it and speculate all the time. Tons of them are close to retirement, so they're just sandbagging until the inevitable happens.

2) A California site is also slowly shutting down and has been for a few years. To not get this post removed, I'll tell you it is NOT Northbridge, and it is NOT Irvine. It is a site with an already low number of employees.

Enjoy.