#workforcereduction

Just got off the phone with my AD and I was told April 23rd there will be a 10% RIF across all departments within Verizon. They are going after highest paid workers now NOT based on your PAD or time served in the company. My AD wanted me to help develop a plan to put into play with the reduced staff starting May 24th.

Half of the team size? This is endless.

Mate, the skunk work just blew up in our face but exposed why we will have prod dev and prod dev test layoffs going into next FY. G2 Happy shoes tapped to reduce 15% across his org

Are random layoffs still ongoing? I’ve noticed a few people randomly disappearing this last week.

Layoffs are occurring at Woodbridge Foam in Blenheim. The plant is retooling for housing industry products. Layoffs will begin in May and continue through December. Up to 88 hourly and eight salaried employees could be laid off. The new product line is planned for launch in 2027.

Blenheim

https://windsornewstoday.ca/chatham/news/2026/04/10/blenheim-plant-retooling-results-in-dozens-of-layoffs

Ideas??? Who is on the chopping block??

In IL only 5 offices will be left. I cannot say which 5.
Customer Service has 3 waves, that will last to end of Q3.
All other states, likely main HQ will remain.
@dz+1knq4n7ym

Halliburton has recently been cutting staff again. Sources indicate these reductions are due to increasing costs and lower crude oil prices. Some workforce reductions occurred over the past several weeks. Three business divisions reportedly lost between 20% and 40% of their employees. Halliburton did not respond or comment on these claims.

https://www.southwestledger.news/news/halliburton-cutting-its-workforce-again

Prairie Public eliminated 12 staff positions. This represents an 18% reduction in its workforce. The cuts resulted from significant federal and state funding losses. Overall revenue declined by approximately 25%. Some programming and services may be scaled back.

https://www.insideradio.com/free/loss-of-federal-state-funds-leads-to-prairie-public-layoffs/article_69a401de-0b70-4f2f-9b90-9acd00b5cebc.html

Meta unveiled new AI-powered ad products at its NewFronts presentation. This presentation occurred amidst significant legal challenges for the company. A Los Angeles jury found Meta liable in a social media addiction case. Separately, a New Mexico jury ordered Meta to pay $375 million for child exploitation. Meta also confirmed laying off several hundred employees across various divisions.

https://www.adweek.com/media/meta-newfront-2026-legal-layoffs-ai/

Rumors floating of 15-25% layoff coming.

this has to be some reality show at this point, where are the cameras? All you can do is laugh. Who in their right mind will voluntarily raise their hand to be terminated… only to find out volunteering yourself does not gurantee termination. They just did layoffs not even 6 months ago and now this. I would rather them come out and say they are going bankrupt because this is just comical.

Can I nominate someone else? A few names popped into my head when I read about this.

ProYouth, a nonprofit organization, filed a Worker Adjustment and Retraining Notification (WARN) notice. The notice announced layoffs for 81 employees. These job cuts will occur at its Visalia, California facility. The layoffs are scheduled to take effect on June 5, 2026. The filing did not provide a reason for the workforce reduction.

Visalia, California

https://whatnow.com/news/local-news/visalia-based-nonprofit-organization-to-lay-off-81-employees/

Sentinel Transportation LLC is a national fuel truck logistics company. It also provides transportation services. The company has warned state employment officials. It will eliminate 126 employees in California. These are permanent layoffs across 25 work locations.

https://www.bizjournals.com/sacramento/news/2026/04/08/sentinel-cuts-california-jobs.html

GoPro announced a significant workforce reduction affecting 23% of its global staff. The action camera maker plans to eliminate 145 jobs from its 631 employees. This restructuring plan was approved by the company's Board of Directors on April 7. The cuts aim to reduce operating costs and drive stronger operating leverage. These job reductions are expected to be completed by the end of the year.

San Mateo, California

https://nypost.com/2026/04/08/us-news/bay-area-based-tech-company-announces-shocking-layoff-of-nearly-a-quarter-of-its-workforce/

This is a legitimate concern I have. If they are going through these great of lengths to HUB employees, the employees who they pride themselves on wanting, what does that mean on what’s next for remote workforce?
It seems each month something gets worse and the bank just took a large swing of the bat at its prized hub population.

FP Markets has reduced its global workforce. Less than 7% of its employees were affected by the cuts. This action is part of a broader organizational review. The Australian-based broker previously employed over 300 staff. Other retail brokerage firms have also recently cut staff.

https://www.tradingview.com/news/financemagnates:1b9a7872c094b:0-exclusive-fp-markets-joins-layoff-trend-cutting-up-to-7-of-global-workforce/

Are they trying to get back to pre pandemic numbers in personnel?

The purpose of H1b is because employers can not find citizens with those skills. Today there is no shortage of SWE's, yet Nike has so many H1b's and continues to file petition for hiring them.

Cargill is planning to lay off about five percent of its workforce. An estimated 8,000 layoffs will occur across the board. Approximately 475 in-person and remote jobs will be cut at the company’s Minnetonka headquarters. Affected workers will be notified this week, with terminations beginning in February. Cargill states these changes are part of a long-term strategy.

Minnetonka, MN

https://ingstadmedia.com/cargill-announces-thousands-of-layoffs/

Nike Retail Services Inc. reported 193 layoffs. These job cuts occurred on January 26. GXO Logistics also announced workforce reductions. Amplify Cell Technologies is another affected company. Over 450 workers in North Mississippi are impacted by these combined layoffs.

North Mississippi

https://dailymemphian.com/article/61588/gxo-nike-and-amplify-cell-technologies-report-layoffs

My former undergrad mate went to Wharton (MBA finance), entered the industry and was mentored by the likes of Dan Niles. His view on justifiable Head Count for Intel Inc.

Design team = 20,000
Manufacturing = 40,000
Total = 60,000

He called it out right. What do you think. Tag HR and the powers to be.

Meta plans to lay off around 200 employees. These cuts will impact its San Francisco Bay Area operations. Specifically, 124 roles in Burlingame and 74 in Sunnyvale are affected. The affected teams include sales, recruiting, and Reality Labs. This move is part of a wider workforce restructuring effort.

San Francisco Bay Area, California

https://www.msn.com/en-in/money/news/meta-layoffs-facebook-parent-to-terminate-200-employees-in-san-francisco-bay-area-who-will-be-impacted/ar-AA20gkyN?ocid=finance-verthp-feeds

Tata Consultancy Services faces high senior-level attrition. Exits from top ranks surged to about 16%. This is significantly higher than its historical 4-5% rate. Around 12,000 employees were impacted by workforce reduction. Senior leaders also received low variable pay.

https://www.ndtvprofit.com/business/tata-consultancy-services-faces-high-senior-level-attrition-amid-restructuring-and-compensation-challenges-report-11317142/amp/1

All employees assigned to the West End Center transitioned to remote work.

Last day working in the office was March 31, 2026.

Around 150+ employees impacted.

REC Advanced Silicon Materials announced a workforce reduction. The company will lay off approximately 10% of its employees. These layoffs will affect its Butte facility. The changes are scheduled for early December 2025. Market and financial challenges prompted this decision.

Butte, Mont.

https://www.montanarightnow.com/butte/rec-silicon-to-lay-off-10-of-workforce-at-butte-facility/article_433a3aee-c64c-4fd9-b2cc-df2b832967f6.html

Hi-Country Snack Foods recently laid off the majority of its staff. Approximately 40 of 50 employees in Lincoln and Bozeman were affected. The company cited long-standing financial struggles as the reason for the layoffs. Eleven workers have since been brought back, but many former employees have found new jobs.

Lincoln, Montana

https://www.ktvh.com/news/hi-country-snack-foods-of-lincoln-lays-off-majority-of-staff

Massive reduction in force aligned for June under the code "restructuring". Starting July, company will operate under a completely new model. Won't get it into it here, but huge paring of middle managers (team leaders) and entire functions run under separate teams eliminated. 15 - 20 percent of workforce, to include all levels, VP, directors, IC.

Regal Rexnord Corp. plans to close its facility in Cudahy. This closure will result in approximately 70 employee layoffs. The company filed a notice with the Wisconsin Department of Workforce Development. Layoffs are scheduled to begin around June 5 and conclude by June 30. Affected employees will not qualify for bumping rights.

Cudahy, Wisconsin

https://www.jsonline.com/story/communities/south/2026/04/03/regal-rexnord-cudahy-closure-70-layoffs/89461340007/

RIF end of May off the books end of June.

This week has felt incredibly heavy. Several people I know walked out for the last time on March 31, and it’s been hard to watch. Some were lucky enough to retire on their own terms, but others left with severance they never asked for. It’s heartbreaking, and honestly, I don’t know how much more people can endure as this drags on all the way to 2028.

Anyone have insight on home and community prior auth reviewers? Not enough work for everyone right now and am wondering if layoffs are imminent. Any insight is much appreciated!

JC
2021: ~$15.06 million 
2022: ~$17.26 million 
2023: ~$17.20 million 
2024: ~$26.25 million 
2025: ~$25.10 million 

Employees
2026: ~97,000 employees
2025: 108,000 employees
2024: 120,000 employees
2023: 133,000 employees
2022: 133,000 employees
2021: 158,000 employees

Why is it so secretive? Are they going to reduce workforce by October ?

T. Rowe Price laid off 54 employees. The reductions affected its Baltimore headquarters. The workforce reduction became effective February 6. State filings revealed these job losses. This follows earlier targeted role eliminations.

Baltimore, Maryland

https://www.citybiz.co/article/806606/t-rowe-price-lays-off-54-employees-at-baltimore-headquarters/

A recent study reveals 40% of Maryland's workforce is at high automation risk. This is the largest share of any U.S. state, excluding Washington, D.C. State leaders are now addressing potential job displacement from artificial intelligence. Governor Wes Moore is promoting job training initiatives. The Maryland Department of Labor announced a $4 million plan for worker retraining. This plan focuses on fields like cybersecurity and advanced manufacturing.

Baltimore, Maryland

https://foxbaltimore.com/newsletter-daily/how-is-maryland-preparing-for-ai-layoffs

Anyone else noticing targeting older experienced employees to push them out .?