#restructuring

Albertsons is closing several store locations as part of a restructuring. This includes two stores in Tarrant County, Texas, affecting 138 employees. Additional closures are occurring in Washington D.C. and California. Overall, 295 jobs are being eliminated across these sites. The grocery retailer is investing in digital sales and technology for growth.

https://sg.finance.yahoo.com/news/87-old-retail-grocery-giant-020300245.html

Anyone remember this!
Looks like they were pretty spot on, just delayed due to COVID.

Giving you a heads up
Sept 1-most Prof/Tech and Para's will start re-entering the building. Leadership will have been transitioning into the buildings starting July 12. Now leaders can meet in person to discuss the following!

November - TMs will start meeting with employees to discuss the new Future State Operating models- Fire re-org, HRU, Stewardship, Prox....Team Lead structure U/W, Auto/FIre, a lot less TM's-only in the specialized areas, no ratings for employees, like TMs are today, with just a percentage/EIP. Levels of leadership will start getting cut and there will be more targeted transitions for tenured TMs, SMs, and CMs. Most CMs and SMs jobs are gone. AFS and Sales Leaders jobs are basically going away too. Korn Ferry will be utilized to determine who stays and go! Estimatics is done and so are most of Prox-outsourced to third party vendors-transition plans will be offered or more reassignments.
January 1, 2022- Pension buy-out offers are coming and employees will get heads up. Take it, trust me! There will be some decent incentives, bridging, time service etc...will be your last chance. Will be tied to staying around a certain period of time depending on local/Hub/LOC/job function/level. Agents will start all selling Gainsco ins too!

What's left-over-2nd Quarter 2022 LOC will find out their final faiths-depend on how quickly they can be replaced in hub cities/need. Also job class changes coming for U/W and Claims across all levels. No more $90K Auto/Fire Underwriters or Claim Reps in Prop-Complex and/or TM's for $130K a year to clear task, review a letter or review a file! TL will handle for $50-$60! CCC consolidation etc....

3rd Quarter 2022- 100 years now and changes to agency contract. More bots to automate away a lot of easy claims functions and U/W is going to start getting a lot more automation-ST to ST transfers, all added cars, all new business, automation of RAS/non-renewals and sunsetting the error based processing system. Target number of 40,000 employees by end of 2022, down from our current 57,500 approx. today! 25% reduction overall, target has been around 10% a year give or take a few percentages/turnover.

Pucker up ladies, gents, transitioning....!!!! It's amazing what things are left unprotected on SharePoints sites if you know where to look! You haven't seen sh-t yet!

I can't keep track of who I report to anymore or what I'm supposed to be working on. Projects constantly get started and then abandoned mid stream. Can somebody explain to me how this complete chaos benefits anybody, including Nike?

Let's talk about what actually happened.

Avaya didn't just restructure. They cut thousands of experienced people — account managers, engineers, support staff — people who had spent years building real relationships with real customers. Not contractors. Not redundant roles. The people customers actually called when something broke or a deal needed to get done.

And those customers noticed. We watched it happen in real time. The calls shifted overnight. Not "what's the roadmap for Infinity" — it was "who do I even talk to now" and "should we start looking at alternatives."

Now there's a LinkedIn post about hiring to sell Infinity. Like the last few years didn't happen.

Here's the thing about trust in enterprise tech — it's not a product feature. You can't relaunch it. It lives in the people who showed up consistently for years, who knew the customer's environment, who picked up the phone. A lot of those people are gone. And the customers they served remember exactly why they left.

BlackBerry had better hardware by the time people stopped buying it. Didn't matter. The relationship was already broken.

We're not saying Avaya can't survive. But surviving and winning back the people you walked away from are two very different things. One is possible. The other takes a lot more than a job posting.

The upcoming restructuring focuses on removing middle management. If the VP layer is cut while the EVP and Senior Directors stay, the total number of Directors will be reduced to flatten the hierarchy.

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Mohawk College eliminated 72 positions in recent months. This included 62 full-time roles and 10 vacant positions. The cuts were part of a restructuring process. Fifty-seven employees also took voluntary exit packages. Overall, about 580 positions have been cut since late 2024.

Hamilton, Ontario

https://www.thespec.com/news/hamilton-region/mohawk-college-layoffs/article_8c844ab5-e919-50e0-862e-8ccfbf3b8232.html

Takeda Pharmaceuticals is undergoing a restructuring. This will lead to job cuts in Massachusetts. Exactly 247 positions will be eliminated. The affected employees are part of its Cambridge workforce. The company has 700 open roles and will prioritize internal candidates.

Cambridge, Massachusetts

https://www.bizjournals.com/boston/news/2026/03/27/takeda-to-lay-off-247-massachusetts-workers.html

looks like isp is getting a reorg. dont kiss fields a-s now we know who helped us and who didnt.

Don't expect a turnaround. There's no real intent to bring back the old glory, not even to improve from where we are now. They'll cut until there's nothing left. We've been stagnating, and I've yet to see even a hint of vision behind any of the recent layoffs or restructuring.

#general will be below 155,000 by 31st May

There was $700m left in the restructuring fund at the end of Q3 and it wasn't enough, so they added $500m more.

All you can be sure is it will happen in the next 9 weeks.

I'm coming on like a hurricane
My lightning's flashing across the sky
You're only young, but you're gonna die

I won't take no prisoners, won't spare no lives
Nobody's putting up a fight
I've got my bell, I'm gonna take you to he-l
I'm gonna get ya, said I'll get ya

He-l's bells........

Neiman Marcus is closing its Ala Moana store. This closure will eliminate 161 positions. The luxury retailer's parent company filed notice. It is exiting the Hawaii market. This action is part of bankruptcy restructuring.

Honolulu, Hawaii

https://www.bizjournals.com/pacific/news/2026/03/25/neiman-marcus-leaves-hawaii.html

OpenText Reportedly Cut Jobs in March 2026.

https://stlawyers.ca/blog-news/opentext-job-cuts-march-2026/

https://betakit.com/opentext-employees-report-job-cuts-tied-to-apparent-restructuring/#:~:text=OpenText%20employees%20report%20job%20cuts,to%20take%20over%20as%20CEO.

Reports from this week (March 23–24) indicate that the cuts are not just hitting entry-level staff. The restructuring is specifically targeting:
• Senior Analysts and Team Leads: Multiple reports from the Waterloo and U.S. offices mention that long-tenured leads and senior-level individual contributors were let go in "8-minute" termination meetings.
• Product Management: There are indications of "flattening" within product groups, where middle-management layers are being removed to speed up decision-making for their AI Cloud products.

UCI Health plans to lay off approximately 150 workers. This represents about 1% of its total workforce. Federal funding cuts contributed to this decision. Declining reimbursement from insurers also prompted the restructuring. The integrated health system is undergoing a workforce reduction.

https://www.modernhealthcare.com/providers/mh-uci-health-layoffs-chad-lefteris/

Longtime KTLA reporter Ellina Abovian was fired last month. She stated local TV news must adapt its storytelling. The industry faces consolidation and cost cutting. Broadcasters like Nexstar are restructuring operations. They invest in AI due to declining streaming revenue.

https://letsdatascience.com/news/local-tv-industry-faces-consolidation-and-layoffs-d8bccc80

Bo-m! Studios announced a major organizational restructuring. This integration places many Bo-m functions under Random House Worlds. The changes resulted in layoffs for some personnel. Key roles like publishing, operations, and business planning are now within the larger group. This follows Bo-m's acquisition by Penguin Random House two years prior.

https://www.comicsbeat.com/bo-m-restructures-under-prh-including-layoffs/

It's going to be such or similar phase to justify leaving many people without their livelihoods at the time when the job market is at its worst and prices are skyrocketing. What a cr-ppy way to treat loyal employees who've left many, many years at this place.

United Parcel Service will cut 67 jobs. These layoffs affect part-time employees in Wyoming, Michigan. The company will end daytime package sorting by January 20, 2026. This action is part of a broader network restructuring. UPS aims to optimize capacity and enhance productivity.

https://www.mlive.com/news/grand-rapids/2025/11/ups-cutting-67-grand-rapids-area-jobs-as-part-of-restructuring.html

This isn’t speculation anymore — layoffs are happening, and India seems to be in the middle of it right now (likely continuing through the week). From what I’m hearing, this is part of a broader org restructuring with global impact. The numbers being discussed are all over the place — anywhere between ~4% to 10% workforce reduction. Some estimates suggest ~1,000 roles, while others go as high as 4,000.

What’s less clear — and more concerning:

Are there additional waves planned in the coming months?

Is this happening ahead of a new CEO transition ?

There are also whispers about another significant round around June — any truth to that?
Would be really helpful to hear from folks across orgs/locations:
What’s the ground reality right now?
Are teams being given any forward visibility?
Is this a one-time correction or a longer restructuring cycle?
Feels like there’s more beneath the surface here — trying to piece together what’s actually coming next.

Lots of freed up $$$ to teach Citi how to restructure and fire people.

The Regional Transportation District faces a $250 million budget shortfall. RTD launched an Agency Optimization and Sustainability Plan to address this deficit. The plan includes eliminating certain vacant and filled positions. Some current employees will need to reapply for new management roles. The agency aims to save approximately $10.7 million through this realignment.

Denver, Colorado

https://www.cpr.org/2026/02/22/rtd-layoffs-250-million-dollar-shortfall/

Team Liquid recently experienced a new round of layoffs. This follows a previous workforce reduction seven months prior. At least five employees were impacted, according to social media posts. Affected roles included a creative coordinator and a marketing operations manager. The esports organization continues restructuring amid industry challenges.

https://www.sheepesports.com/us/lol/articles/team-liquid-hit-by-new-layoffs-seven-months-after-previous-wave/en

Funny how a role that was "eliminated" shows up online a few months later with the exact same description. They can call it restructuring all they want. We all know what it really was.

North Star Health Alliance announced workforce adjustments across its organization. A few dozen positions are believed to be affected by these changes. The company stated these actions are part of additional operational restructuring. North Star Health Alliance is currently operating under Chapter 11 bankruptcy. These steps are considered necessary to strengthen the organization for the future.

Watertown, New York

https://www.wwnytv.com/2026/03/20/north-star-announces-workforce-adjustments-few-dozen-positions-possibly-affected/

All staff at Princeton's Keller Center face layoffs. Nine employees are impacted by this change. University-wide budget constraints prompted the decision. This marks an unprecedented academic unit staff termination. Laid-off staff may apply for four new roles.

Princeton, New Jersey

https://www.dailyprincetonian.com/article/2026/03/princeton-news-adpol-keller-center-staff-mass-layoff

CBS News is undergoing a new round of layoffs. Approximately six percent of its staff will be impacted. Editor-in-chief Bari Weiss and president Tom Cibrowski are leading this restructuring. The company also announced the closure of CBS News Radio. This service will cease operations on May 22, 2026, eliminating all team positions.

https://www.hollywoodreporter.com/business/business-news/cbs-news-layoffs-underway-bari-weiss-1236542195/

Major Legal Battle with Creditors (BIGGEST STORY) This is a high-stakes financial fight tied to ~$26B in debt, and it could shape the company’s future restructuring.
Subscriber Losses + Heavy Competition: Optimum lost ~62,000 broadband customers in Q4 2025.
Financial Performance (Latest Earnings): Q4 2025 revenue: ~$2.18B (down year-over-year)
What Changes Are Likely Coming Operationally: Read the writing on the wall!!

Red Storm Entertainment has reportedly undergone significant restructuring, resulting in 105 layoffs. The company is now rumored to have transitioned into a dedicated support studio. This change marks a substantial shift in the development studio's operational focus and workforce. The reported layoffs indicate a major reduction in its staffing levels. This development suggests a redefined role for Red Storm Entertainment within its larger corporate structure.

https://www.gamesindustry.biz/ubisoft-announces-layoffs-and-the-cease-of-game-development-at-red-storm-entertainment

I thought we were going to chop the company up into pieces, not add more?

Vistagen Therapeutics announced a roughly 20% workforce reduction on March 5, 2026, to cut costs and prioritize resources for its social anxiety nasal spray, fasedienol. This restructuring aims to extend the company’s cash runway while advancing its ongoing pipeline, specifically the PALISADE-4 Phase 3 trial.

https://uk.investing.com/news/sec-filings/vistagen-therapeutics-reduces-workforce-by-20-percent-to-manage-costs-93CH-4552464

Oracle is preparing for another round of job cuts in the coming months. The company allocated an additional $500 million for restructuring costs. This brings its total restructuring funds to $2.1 billion for the current fiscal year. Oracle cites AI advancements and data center expansion as reasons for these changes. The company previously cut over 3,000 jobs across several countries last year.

https://www.msn.com/en-in/money/topstories/oracle-prepares-for-layoffs-sets-aside-2-1-billion-for-restructuring/ar-AA1YslLl?ocid=finance-verthp-feeds&apiversion=v2&domshim=1&noservercache=1&noservertelemetry=1&batchservertelemetry=1&renderwebcomponents=1&wcseo=1

Does molina ever move some employees to a different plan when layoffs are occurring?

Amazon recently laid off hundreds of employees in New York. Approximately 135 corporate staff were cut from its Manhattan office in January. More than 100 other New York-based employees also lost their jobs. These reductions are part of Amazon's broader restructuring efforts. The company plans to eliminate about 16,000 roles globally.

New York, New York

https://www.aol.com/articles/hundreds-nyc-roles-reportedly-included-013504650.html

Baker McKenzie is closing its Tampa back-office location. This action is part of the firm's broader restructuring. The firm is moving to a remote operational model. This change means Tampa-based staff will work remotely. It follows earlier announcements of global staff cuts.

Tampa, Florida

https://abovethelaw.com/2026/03/top-10-biglaw-firm-shuts-down-back-office-location-as-restructuring-and-staff-cuts-continue/

Anime streaming service Crunchyroll is undergoing workforce restructuring in 2026. These changes reportedly affect HR, Product, and E-commerce divisions. Employees have begun announcing their departures on LinkedIn. The company links these job cuts to its global expansion plans. Crunchyroll aims to grow its customer base in regions like India and Latin America.

https://www.thehrdigest.com/crunchyroll-layoffs-underway-in-2026-as-global-expansion-plans-lead-the-way/

Normally Oracle has a 2 year restructuring plan (e.g. 2022 and 2024 plans).
However, in the latest 10-Q, this is now labelled as "Fiscal 2026 Oracle Restructuring Plan". Check it yourself at investor.oracle.com under SEC filings; top of page 11 of the latest 10-Q.

This clarifies that the residual of the $2.1bn available (over $1.1bn) is planned to be spent before the end of the fiscal (in the next 10-11 weeks).

Those calling it a 2-year plan that might run to the end of FY27 are missing this.

Anyone knows latest on Dow’s restructuring 2026? This will surely impact Houston job market and those impacted by Shell’s own restructuring.

Last year during March 19th they had layoffs of corporate employees, tech was hit the hardest. That was due to a series of decisions they made during a leadership offsite. Similar pattern this year (late Feb) they had a leadership offsite. From what I had exposure to they are finalizing headcount and growth, but also eliminating anything that isn't a priority for 2026/2027 (even if it's needed to manage Wayfair ops and technology). This all depends on how well your L6/L7 told your STO story.

Something is coming but I not sure about the scale or when. This could be a series of small restructures or a wider riff. I suspect March 16 to 30th we'll hear something. Please share anything you know to support your peers.

Layoffs feared as Texas tech giant secures $2.1B for restructuring
https://www.yahoo.com/finance/news/layoffs-feared-texas-tech-giant-103000491.html