#cuts

Portland Craigslist currently has a lot of Nike Appeal for sale postings. The craigslist posters state their Nike appeal, they want to sale is new or never worn. All the people at Nike who know they are going to get a layoff notice soon are looking for quick cash and unloading their stash of Nike appeal they have been swiping at work for years now.

From my perspective in accounting, this keeps happening. They release senior staff to balance the budget, but the underlying strategic errors remain. In my twenty years, I have never witnessed this leading to genuine recovery. It only demoralizes the teams left behind to pick up the pieces with less support.

Whats the word for the future of branches? Will District management positions continue to be cut? What about Branch Managers? I am in my 30's and been in branch management for about 7 years, next move would be a DM position but how likely is that? Are other branch managers working in a teller window and as a banker half their days?

A ton of folks were fired today……all about the quota. We lost some really good people. As usual, the compliant cheap useless folks survive.

Anything less than 100% is corporate greed, plain and simple. The people who stayed are being squeezed dry doing the work of two employees while getting paid for one so executives can protect their bonuses and call it “strategy.”

But by all means, Dan, keep slurping your coffee and pretending this is complicated. If Hans is still pulling in millions, don’t insult everyone’s intelligence by offering scraps. There is zero excuse for anything under 100%. Anything less is a slap in the face, and everyone knows it.

Happy New Year Apaches. You have got to love this place.

From what I am hearing is that this coming Thursday is when it’s going to happen

Some numbers and data to review as many on these boards are asking questions re changes and prospects:

1. Enrollment decline or as they call "purge" of approx one million member:
   https://www.beckerspayer.com/payer/medicare-advantage/unitedhealth-projects-1-million-member-drop-in-medicare-advantage-enrollment/

2. UHC's total membership by state:https://www.beckerspayer.com/payer/unitedhealthcares-total-membership-by-state/

3. Areas of exit.
   https://www.reuters.com/legal/litigation/unitedhealth-exit-medicare-advantage-plans-16-us-counties-2025-10-01/

Speaking of HouseCalls in particular. It appears that cuts will be targeting mostly rural areas.

Capital Management Employees are vastly overpaid $$$ compared to almost every other division in the company+

out of the 35+ people, almost all are EVPs, SVPs, or VPs+Raking in $250K-$400K per year or much more+All the extra employee comp & bonus money is being funneled over to Capital Management+They get quarterly bonuses unlike other employees in the company+That is not fair+Their jobs are easy with them relying on AI computer stock picks as they mimic those recommendations along with the analysts+It's time to rein in this area+Company could save $10M w/o Capital Management+Company would make more $$$ by having better performing outside funds with lower expense ratios but tacking on additional fees to drive revenue++too much bloat w/ Capital Management++Hardly anyone is investing in their institutional funds outside of retirement plans & they have spent a ton to get on various platforms+Assets are down over $1B YOY which is 7% of portfolio+Meanwhile, there are no layoffs & employees of that division keep getting new titles and big big salaries and raises.

this year, the vast majority of the funds are near the bottom of their peer rankings & only three funds are in the top 50%. So, 3 funds out of 28--off to a very rocky start in 2026--looks like it will be a down yr+time to cut salaries, perks, & jobs in that division+lots of favoritism going on there--------

Lipper awards were excellent but company couldn't find a way to get news out & more plans & money keeps leaving. WTF is going on ?

$$$$$
Morningstar
Total Return Rank in Category
YTD (1 is best & 100 is worst)
MoA Core Bond Fund 98
MoA Clear Passage 2020 97
MoA Retirement Income 94
MoA Clear Passage 2045 92
MoA Clear Passage 2050 92
MoA Small Cap Growth Fund 92
MoA Clear Passage 2055 91
MoA Clear Passage 2060 91
MoA Clear Passage 2035 91
MoA Clear Passage 2025 89
MoA Clear Passage 2040 86
MoA Clear Passage 2065 85
MoA International 84
MoA Clear Passage 2030 83
MoA Mid Cap Growth Fund 81
MoA Conservative Allocatio.. 76
MoA Small Cap Equity Indx 76
MoA Clear Passage 2070 71

When will the layoffs start?

I keep hearing full time store H.R. will be eliminated, is this just a rumor? Or is it true? I’m hearing this repeatedly.

CSX cuts 166 Management, 199 Conductors.
UP will trim NS after the merger, waiting on STB approval
Just saying!!!

I see that new job postings in KTD have stopped and there might be a hiring freeze in place which is a strong signal for layoffs in KTD!

The truth of it all is this….
Other banks made the bold claim that by the EOY there will be tremendous cost savings. Citi, like so many times in the past, did not want to be left out, so they made the same boast. Needless to say, its not unfolded as they thought. There’s been no huge cost savings to the level they thought, so they are scrambling to recoup some bucks. Cutting to the bone to feed into the shell game to the shareholders and the board “see, we saved money like we said”.

Needless to say and\or its quite evident, this does NOT affect Jane Fraser’s recent massive boost in pay. For that, just chop more heads.

This is important, never forget that Jane’s increase in salary while they are chopping heads or needlessly placing people on PIPs, has been deemed acceptable. THIS is what they think of the value you bring to the table and how expendable you truly are.

The university cut 14 staff positions and 21 faculty positions.

Yes there will be another round end of Q1. First round was timed perfectly before the end of the year. That being said, to balance the sheets, more cuts had to occur at the beginning of the year for faster turnaround times for revenue increasing strategies in place.

It is happening and will continue to trend the same patterns as the Q4 layoffs.

Lots of questions as to if it will be geo based like the first rounds were or if it will be more results based strategies for the target. The answer is both are being considered.

Agent companies have already been scouted for these locations. Some divestures will be March and then the rest in April.

One thing I did hear is if your location has black tile sales floors, that is is ideal for agent companies to transition (don’t ask why, I didn’t hear but it’s strategic placement)

Yes there will be another round end of Q1. First round was timed perfectly before the end of the year. That being said, to balance the sheets, more cuts had to occur at the beginning of the year for faster turnaround times for revenue increasing strategies in place.

It is happening and will continue to trend the same patterns as the Q4 layoffs.

Lots of questions as to if it will be geo based like the first rounds were or if it will be more results based strategies for the target. The answer is both are being considered.

Agent companies have already been scouted for these locations. Some divestures will be March and then the rest in April.

One thing I did hear is if your location has black tile sales floors, that is is ideal for agent companies to transition (don’t ask why, I didn’t hear but it’s strategic placement)

I know it’s continuous but there are 2-3 times a year where there’s a bulk cull. Any rumors or info on the Jan/Feb date?

“HAPPY” New Year… or not, we will see. With the holidays wrapping up, it seems inevitable that all of the layoffs and reductions will start ramping up now seeing that all of the decision makers are back at work after the holiday.

Any ideas what depts will be impacted first? All we know if from the info shared on the all employee call is that Freier’s group (consumer) is “up first…”

I wish the best outcome for everyone during this poor-feeling time of uncertainty.

What do people think? A pause to see if the business turns around or even more cuts to come?

Yelp what a cut we just took in COR on
Commission! $. Happy New Year!

saw this coming. more than 100 people let go

Will layoffs continue this month?

The Trump administration is abruptly cutting dozens of staff who are at the forefront of disaster response and recovery at the Federal Emergency Management Agency this week, according to internal emails obtained by CNN and sources familiar with the plan.

https://edition.cnn.com/2026/01/01/politics/dhs-cutting-fema-disaster-response-staff

If ever. I’m not looking forward to my severely crippled team scrambling to cover the roles that are now gone, along with all the overtime and stress that will come with it. Our manager is likely to put even less effort into organizing the workload in a way that actually considers our limited time, how our skills are distributed, and the real weight of the tasks.

I haven't seen anybody else announce cuts so early in the year. Aren't we special?

I missed the communication that all my well-performing mutual funds would be mapped to a couple of ETFs, a target date fund and a generic bond fund. My well diversified portfolio that's averaged 12% annually, wiped clean by the geniuses running this ship like it's the Titanic. No more individual fund choices unless you go with the self directed brokerage account option, which I will be doing.

Nearly $500k between me and my spouse completely trashed by the geniuses on the 10th floor.

They can only close so many stores before there’s nothing left to cut. At the pace they’re going, having ten stores left in five years would feel like a miracle. This really looks like a slow death by a thousand cuts for Macy’s.

Marketing redundancies got the axe middle of Q4 last year. The early February is the projected end date for LCCs per union members who received advanced notice — assuming they don’t relocate anyone or save support staff that’s cutting a lot of heads. Who else might go? Channel support? They don’t do a whole lot anyway other than redistribute PowerPoints someone else made…

Some parts of the government have been hit harder by mass firings and buyouts than others. The Partnership for Public Service found that just three agencies account for more than half of the total staff reductions in 2025: the Defense Department, which has lost more than 60,000 employees; the Treasury Department, which has lost more than 30,000; and the Department of Agriculture, which has lost more than 20,000.

https://time.com/7342386/trump-government-cuts-foreign-aid-health-climate-workers/

2026 looks to be another horrible year. 5 states removing soda from snap benefits, and more to come. Have you heard a plan to make that up, because I have not. No plan, no results, more layoffs.

How’s it feel seeing in print our median employee pay went up 1% while Geoff jumped 16% and is the highest paid ceo in med tech?

Over a quarter if a million of personal use of the corporate jet while we get turned down for legitimate business travel between facilities.

Not to mention seeing greg smith get almost $9m to leave ops in total shambles…..

Happy new year, I guess, to us.

We're already covering two or three jobs each. What's the plan? Do they expect the remaining few to do four or five people's work until everyone burns out? What happens then?

After so many rounds of cuts, good people leaving on their own, and a hiring freeze for ages, who is even left to lay off? The teams are already skeletal, and morale is nonexistent, to put it mildly. The next logical step shouldn't be just more layoffs, but questioning if the company can even function with the people who remain.

Yes, more layoffs are coming but not before new year... all signs point to January/February time frame. Its about time they do something about our decline! They should have leaned out a while back but didn't want to pay out people's packages so instead they tried to push people out or change people's job to create a scenario that would allow them to let people go without a cause.

Bumping this for info, the OP is @10d+1kbqefsjs.

What areas and based on what (ratings/tenure/$ salaries) will cuts happen in 26 as part of Janes final sol.

The technology sector has entered a defining era of “The Great Recalibration” in 2025. While the total volume is slightly lower than the 2024 peak, the nature of these cuts is far more strategic.

https://www.sightsinplus.com/news/layoffs/tech-giants-google-amazon-and-others-layoff-120000-in-2025

How soon can we expect to see the first layoff of the year? January? February?

Start of fiscal year soon.

Will there be cuts?