#restructuring

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Layoff coming mid end feb

ok news is layoff coming mid end feb

sales structures changing west getting more territories vs east

waiting for q4 attainment results before final movment

sum sales managers being replaced

new sales engr model coming based on how lazy the sales engr has been

20-30 sales ppl being hired many others being refreshed means fire then rehire at lower OTE is the goal. norlin is trying to save 50-75k per salesperson OTE by hiring new younger generation sales persons


Mass Corporate Retail Closures Incoming

I suspect there will be mass retail store closures/indirect takeovers over the next two years. If you listen to the Q4 earnings call 10 min 20 seconds in when Dan is speaking he word for word says “we expect to realize 1 billion in run rate operating cost synergies by 2028-double our initial estimate. These savings will be derived from network integration, THIRD PARTY CONTRACT EFFICIENCIES, and go to market savings across marketing and advertising.” If you work at small retail store that is not considered an “A” store and you are within a 10-15 mile radius of another corp store you should be working on your backup plan now and trying to transfer to the A store in your area.


Mass Corporate Retail Closures Incoming

I suspect there will be mass retail store closures/indirect takeovers over the next two years. If you listen to the Q4 earnings call 10 min 20 seconds in when Dan is speaking he word for word says “we expect to realize 1 billion in run rate operating cost synergies by 2028-double our initial estimate. These savings will be derived from network integration, THIRD PARTY CONTRACT EFFICIENCIES, and go to market savings across marketing and advertising.” If you work at small retail store that is not considered an “A” store and you are within a 10-15 mile radius of another corp store you should be working on your backup plan now and trying to transfer to the A store in your area.


Cigna/evernorth health 01/29 layoff

Still pretty shook about being laid off. I was under a contract role which they extended this January so I was relaxed. This friday I finished and submitted a huge query to my manager to scale up and then at 5.30 pm I got a call from my consultancy that my contract has been cancelled due to budgeting and restructuring. My manager has no knowledge of it and wasnt consulted into this. Became we had some huge projects in the pipeline which would now be stuck in a limbo. I loved my job and the team and my mind is not accepting that this has happened.


MFA Boston Reduces Workforce Amidst Deficit

The Museum of Fine Arts (MFA) Boston announced 33 employee layoffs this week. This reduction affects approximately 6.3% of its total workforce. The museum cited an unsustainable deficit and restructuring as reasons for the cuts. Sixteen of the positions eliminated are held by unionized workers. These layoffs mark the second round for the MFA in six years.

https://www.theartnewspaper.com/2026/01/30/museum-fine-arts-boston-layoffs-financial-hardships


4th year, 4th restructuring/layoff, it’s over

I’m just frustrated that they keep cutting and cutting roles, to stack responsibility on top of someone else is work load…then decide make you fight for a open role in a “hunger games” like ritual where you go against your colleagues. This whole thing takes a month long mind you. Then if you’re lucky to be the one they picked, poof, restructuring 6 months down the road. Su-ks


Intuit Layoff Rumors 2026

Has anyone confirmed reports that Intuit is planning to cut approximately 18% of its workforce after a restructuring... hearing this has baked in a 10% reduction at the Director level and above?

I have not seen any WARN filings yet.could these exits be categorized as performance terminations to keep the layoffs out of public view?


Feb 4. Earnings Call

Another earnings call is just around the corner. How do you think Leahy and Miralles spin Q4, CY 25 and the lowest stock price in 5 years?

I'm sure we will hear they cracked the code with the new GTM strategy and "all-weather team".

From my perspective, the single, most important question that needs to be asked is, "Given all the acquisitions, all the layoffs and the all the restructuring, why should we believe this leadership team is the team to return CDW to profitable revenue growth?"


Xerox is desperately trying to avoid Chapter 11

Xerox is not announcing Chapter 11, but it is clearly working hard to avoid it.

The company is handing out free warrants to shareholders and bondholders as a way to quietly re-engineer its balance sheet before things get worse.

This is an out-of-court, shareholder-inclusive, quasi-restructuring tool designed to reduce debt without filing for Chapter 11, while neutralizing lawsuits and buying time.

In other words: advanced financial engineering designed to keep control out of a bankruptcy court.

If the business stabilizes and the stock recovers, those warrants can be used to turn debt into shares, cutting leverage without burning cash.

If the recovery never comes, the warrants expire and nothing happens... except that Xerox might still be standing.

Behind all the financial and investment jargon, don't lose sight of what's really important:

Management is fully aware of how close we are to filing for Chapter 11 and is using the last tricks in the book before being forced to do so.

This move doesn’t mean that bankruptcy is happening tomorrow, but it does mean the current capital structure is extremely fragile and time is a crucial factor.

In short: this is about survival, control, and avoiding the kind of court-driven restructuring in which senior management (yes, the people architecting this measure) lose all influence.


Mass Lay Offs in December

FYI - Floor & Decor (Floor and Decor) had layoffs in Q4 2025

As of late 2025 and early 2026, Floor & Decor has experienced workforce reductions, including reported layoffs of specific roles due to restructuring and a, as described, "fragile" operating environment. Despite ongoing store expansion, the company has faced, as described, declining comparable store sales,, and pressure to manage, as described, high lease liabilities, leading to, as described, cost-cutting measures.
Recent Job Cuts: In December 2025, reports indicated, as described, workforce reductions and, as described, elimination of positions, which has, as described, caused concern among staff.

Company Performance Factors: While generally expanding in recent years, by late 2025, the company showed, as described, softer performance with declining comparable sales. Analysts have suggested, as described, that a reliance on expanding store count, as described, masks, as described, weakening, as described, fundamentals.
Employee Sentiment: Employee reviews, as described, from late 2025 have, as described, reflected, as described, negative sentiment regarding management and company stability.

Previous Cost-Cutting: Historically, during 2020, top executives took, as described, temporary pay cuts, as described, in response to the pandemic, but recent actions appear more, as described, related to, as described, structural, as described, retail pressures.


About 130 jobs to be cut at UPS site in Alabama

United Parcel Service is closing a distribution facility in Montgomery, Alabama, resulting in the layoff of 128 employees, according to a filing with Workforce Alabama.
The job cuts are scheduled to begin Feb. 2. The Montgomery closure is part of broader network changes as UPS restructures operations and reduces its U.S. physical footprint.

https://www.al.com/business/2025/12/130-layoffs-expected-for-ups-facility-in-alabama.html


MDs

Citigroup Plans March Layoffs for Managing Directors

https://www.peoplematters.in/news/strategic-hr/citigroup-to-cut-managing-directors-and-senior-staff-in-march-after-january-layoffs-48158

Citigroup is preparing a new round of job cuts in March. These layoffs will primarily affect managing directors and other senior employees. This follows approximately 1,000 roles eliminated in January. CEO Jane Fraser is leading a multi-year restructuring effort. The bank expects workforce reductions to continue into 2026.


RationalFX Report: AI Accelerates Tech Job Cuts

https://www.digitaljournal.com/tech-science/ai-related-tech-job-cuts-reach-almost-30-of-all-global-tech-layoffs/article

A new report details global tech industry layoffs in 2025. RationalFX compiled data from various verified sources. Worldwide, 244,851 tech jobs were eliminated that year. Approximately 69,840 roles were cut due to AI and restructuring. Amazon, TCS, and Accenture recorded the largest AI-related job losses.


Worrying

I’m curious if anyone else has thoughts or concerns about the recent update regarding Year End conversations.

Leadership just communicated that YE discussions are being pushed back to the first week of March.

I know delays like this can happen for a variety of reasons, but the timing and the shift to a single conversation feel unusual.

Is anyone else reading into this? Do you think this signals anything bigger, like restructuring or broader cost-control measures, or is this simply a logistical change?

Would love to hear your perspective and whether other teams are experiencing the same thing.


Kristi Moody OUT

Kristi Moody, the legal brain who said it was OK to spin off the REIT, and that we'd win the lawsuit that we actually lost and put us into bankruptcy.... Has left the building.

A casualty of restructuring the department.

Adios Kristi. Best of luck in your new endeavors.


Job Losses Surge — Cleveland Tops the List

The U.S. unemployment rate has risen to 4.6% since early 2025. Total layoffs reached one million in 2025, the highest since 2020. Artificial intelligence and company restructuring are major causes for these job cuts. PeopleFinders and Stacker identified 12 large metro areas with significant unemployment rate increases. Cleveland, Ohio, saw the highest increase, rising 0.8% between July 2024 and July 2025.

https://keyt.com/news/money-and-business/stacker-money/2026/01/24/layoffs-are-rising-heres-where-americans-are-experiencing-the-most-job-disruption/


Autodesk Cuts 1,000 Jobs Amid Sales Restructuring

Autodesk announced layoffs affecting approximately 1,000 employees. This impacts roughly 7% of its global staff. The action completes a multiyear sales restructuring. Autodesk anticipates $160 million in restructuring costs, mainly for severance. The company plans to reinvest savings into AI and cloud technologies.

https://www.sfchronicle.com/tech/article/autodesk-layoffs-san-francisco-21309967.php


Idaho Layoffs Continue, Blue Cross Affected

Blue Cross of Idaho Cuts Staff Amid Restructuring

  • Blue Cross of Idaho confirmed recent staff reductions. Less than 90 employees were affected by these layoffs. The company cited organizational changes for efficiency and cost reduction. This follows 135 layoffs from a lost contract in April 2025. Blue Cross of Idaho is also considering moving its headquarters.

https://www.ktvb.com/article/news/local/under-90-blue-cross-of-idaho-employees-let-go-organizational-changes/277-95d6b0c3-09c4-4a8b-9f04-d13c35467816

Meridian, Idaho


Interesting Point

Citi’s stated goal of reducing headcount from roughly 240,000 in 2022 to about 180,000 by 2026 cannot be reconciled with the headline figure of ~20,000 layoffs. Even allowing for normal attrition and divestitures, the numbers imply that a far larger reduction is occurring off-headline—through hiring freezes, role eliminations via restructuring, automation, and business exits—suggesting the “20,000” figure significantly understates the true scale of workforce contraction.


@OP+1kfjzbv0f found an online article reporting that layoffs will ”continue through March”.

”First news I’ve seen of the layoffs”
“This was online this morning. It says layoffs to continue through March.”

”T-Mobile is undergoing significant layoffs across multiple departments, with recent cuts confirmed as of January 2026. Employees in sales, business units, call centers, and engineering have been affected, particularly supervisory staff—reports indicate 75% of supervisory roles are being eliminated. The Dedicated Experts team experienced a wave of layoffs from Monday to Friday, with leadership and hourly employees impacted.”

”For real-time updates, employees and the public are monitoring Reddit (r/tmobile) and TheLayoff.com”
”AutoTags: #AI #DigitalTransformation #EmployeeRelations #Layoffs #Restructuring
”8 hours ago by Anonymous | 2082 views | 6 reactions (+5/-1) | 8 replies (last 9 minutes ago) |”
”Post ID: @OP+1kfjzbv0f
https://www.thelayoff.com/t/1kfjzbv0f#OP
https://www.thelayoff.com/post/@OP+1kfjzbv0f
data-timestamp="1769089658"
data-datetime="2026-01-22T13:47:38Z"

RTO Real Motivation

  1. Part of messaging to analysts that OpenText is continuing on its promised transformation as announced when MB was fired. This says, we mean business, we are pulling out people in, we have control over their output. When business declines, pretending to change the dynamic of a component of that failure is part of telling analysts your recovery story.
  2. Attrition: Attrition is expected and welcome. There is a stat on this as part of the planing. Any employee contributing at high value or in a niche way is absolutely not on the handpicked RTO list.
  3. The list is VERY deliberate. You will note that today's employer communication underscored sales teams are exempt. Sure they gave reasons, but the reality is, OT is in the business of SELLING not INVENTING. OT can and will easily replace any employee who Isn't selling and that includes sellers.
  4. This is a preamble to the entrance of the new CEO. More control, more expectation, more oversight is the message.
  5. Stay tuned. Several more big announcements coming including restructuring and leadership exits through the fiscal year.
  6. Big carve out Q127
  7. Big change coming for one of the "core" business units.
  8. 1-6 are all part of the process of reducing headcount through voluntary exits (non executive) and golden parachutes for senior leaders.
  9. Followed by a HUGE WFR.

First news I’ve seen of the layoffs

This was online this morning. It says layoffs to continue through March.

T-Mobile is undergoing significant layoffs across multiple departments, with recent cuts confirmed as of January 2026. Employees in sales, business units, call centers, and engineering have been affected, particularly supervisory staff—reports indicate 75% of supervisory roles are being eliminated. The Dedicated Experts team experienced a wave of layoffs from Monday to Friday, with leadership and hourly employees impacted.

These changes are part of a broader digital transformation strategy driven by new CEO Srini Gopalan. T-Mobile is aggressively pushing its T-Life app, which now has over 90 million downloads, and integrating AI-powered customer service via a partnership with OpenAI. As a result, roles tied to in-person or phone-based support are being reduced.

T-Mobile has not disclosed the exact number of layoffs but confirmed "some changes" while continuing to hire. The company is also restructuring retail operations, with rumors of new "Consumer Account Executives" in stores for small businesses and increased pressure on staff to use T-Life for upgrades and sales.

Layoffs are expected to continue through the end of Q1 2026, with no official hiring freeze confirmed despite earlier rumors. Employees in Washington state, including Bellevue, Bothell, and Snoqualmie, were impacted in a prior round affecting 121 workers starting October 2025.

For real-time updates, employees and the public are monitoring Reddit (r/tmobile) and TheLayoff.com


Citi contributes to mental illness for employees

Citi should be the last company to discuss or bring awareness to mental illness. For the past 3 years employees have been on the edge seeing fellow coworkers especially within the United States get impacted and their jobs being outsourced overseas. It is a never ending cycle that this company is causing. When will the “restructuring “ end? They are blaming Ai which might be a small percentage but the jobs are being shipped to other countries. Look at their career page. They don’t know what they are doing and that’s why there is no stability. As a matter fact Jane will never be Jamie Dimon if that’s what she is trying to pull.


Automation

Verizon to Eliminate Up to 15,000 Roles by 2026

https://www.thehrdigest.com/verizon-layoffs-to-hit-15000-roles-in-2026-as-automation-takes-over/

Verizon plans significant job reductions in 2026 as part of a major restructuring. Between 13,000 and 15,000 roles could be affected. New CEO Dan Schulman aims for greater efficiency and cost savings. The company expects $3 billion to $4 billion in annual savings from these changes. Automation and a competitive market are driving these decisions.


For those left behind

Watching the recent T-Mobile layoffs has been brutal. So many genuinely talented, hardworking people let go—people who did everything right and still got swept up in a decision that feels cold and mechanical.

What makes it harder is that many of us saw this coming. Large-scale layoffs have a long history in corporate playbooks, and when the signals start flashing, the outcome is rarely a surprise—just deeply disappointing.

The most difficult part to reconcile is who stays. It’s hard to watch strong contributors lose their roles while certain directors with long-standing HR complaints remain untouched. Complaints that have been raised, documented, and somehow consistently minimized or buried. Leadership that relies on yelling, belittling, and intimidation shouldn’t be protected—yet here we are.

It says a lot about an organization when toxic behavior survives restructuring while good people don’t.

My heart goes out to those impacted, and to the teams left behind under leadership that hasn’t earned their trust. You deserved better.


Noridian Healthcare Solutions layoffs

On Wednesday, Jan. 14, Noridian Healthcare Solutions announced a reduction in force that affected about 7% of Noridian's employees.

That's according to Cailin Shovkoplyas, communications manager for Noridian, who added that the change is connected to an organizational restructuring that "aligns staffing with current federal funding levels" and positions the company for long-term competitiveness.

https://www.inforum.com/business/noridian


CarMax to cut corporate jobs in the Richmond region

CarMax is moving forward with large-scale layoffs that will hit its corporate workforce, particularly in the Richmond region. The job cuts represent a notable downsizing of the company’s corporate operations. Workers based in CarMax’s corporate offices near Richmond are bearing the brunt of these reductions as the company restructures and looks to control costs.

https://www.wtvr.com/news/local-news/carmax-layoffs-jan-14-2026