#cuts

The South Carolina Department of Behavioral Health and Developmental Disabilities (BHDD) eliminated administrative positions. This action resulted in 47 filled jobs being cut on June 30. The agency stated the goal is to maximize efficiency and strengthen BHDD. Direct care workers were not affected by these changes. Impacted employees reported receiving no prior warning about the layoffs.

Columbia, SC

https://www.foxcarolina.com/2026/07/01/sc-behavioral-health-agency-cuts-47-jobs-administrative-overhaul-workers-say-they-had-no-warning/

The KCRHA will experience major funding reductions. The KCRHA budget will shrink by nearly 80%. This follows financial management issues and policy control failures. Around 30 KCRHA staff members face layoffs. Local authorities are reclaiming $160 million in homeless services contracts.

Seattle, Washington

https://www.kiro7.com/news/local/regional-homelessness-authority-will-have-budget-slashed-by-75-layoffs-after-financial-issues/EWCZYKN7X5F5JLTQXMTBWS756A/

why won’t they just tell us how many people need to be cut??

would it be that terrible for us to know? I would have felt better knowing instead of doing mental gymnastics before choosing to apply for the VSP.

“we have the tough conversations.”

B*TCH SAY WHAT YOU NEED TO SAY.

I’m so irritated by how this is being handled. IRRITATED AF.

Is the timeline for the September layoff wave known?

Ahh yes, let the silence and content cover you like a warm blanket. Not much chatter about folks not going into the office.... Not much chatter about anything really.
When its this quiet, you should be worried.
Cuts are coming.
A rather large wave of cuts....

Lets see whats going on-
Offshore contractors are currently being hired as FTEs, under the guise of "contractor reduction"
OCC results are being scanned and loaded into AI to begin automating controls and workload
The ServiceNow "OOB" deployment is heavily oriented towards AI
We have hundreds of FirstBank employees waiting for group assignments
Lots of tech issues occurring simultaneously and more frequently.
Q2 Pulse survey results are non-existent.
RTO 5 across the board is seemingly NOT across the board. 4000+ people still WFH in PA

With all this going on, and nothing being said, its indicative of a high level decision currently underway.

I hear A layoff is approaching at Phoenix, AZ Peak location.
They are cutting costs with tenured employees and hiring
unlicensed people to train with no experience.

Tracking participants count #general Slack channel in Oracle One workspace, as the fastest available proxy indication of ongoing layoffs.

• jun01-jun30: 1723 reductions, 1299 additions, 152340 (-424) end count
• may01-may31: 2271 reductions, 942 additions, 152764 (-1329) end count
• apr01-apr30: 2286 reductions, 1583 additions, 154093 (-703) end count
• mar01-mar31: 12446 reductions, 844 additions, 154796 (-11602) end count
• feb01-feb28: 943 reductions, 1143 additions, 166398 (+200) end count
• jan01-jan31: 1604 reductions, 1834 additions, 166198 (+230) end count
• dec01-dec31: 1119 reductions, 844 additions, 165968 (-275) end count
• nov01-nov30: 1614 reductions, 1310 additions, 166243 (-304) end count
• oct01-oct31: 2498 reductions, 1768 additions, 166547 (-730) end count
• sep02-sep30: 6380 reductions, 861 additions, 167277 (-5519) end count
• aug14-sep01: 733 reductions (based on Slack very few data points), 172796 (-733) end count
• aug01-aug14: ?2900 reductions in IDC (based on media reports), 173529 (-2900) end count

Limitations of these stats are covered in detail in comments.
I will post daily in comments on the count change and running current month total.

There is a troll trying to impersonate me and post fake Slack stats; protection measures are covered in the first comment.
My public key used to prove identity: ssh-ed25519 AAAAC3NzaC1lZDI1NTE5AAAAIPh3BL62QOGXk95TzS980uSckZd1M5YPGqouR0iHWumB slack-stats

here we go again. IT is cutting jobs.

How deep do we think cuts will be for the corporate affairs function - formerly communications in PC&C?

Massive DS cuts. Data is new gold I guess. Condolences to those affected hope your package is good

When I tried warning everyone to sell at $270, y’all just told me you were buying more.
I really hope it goes back up for you because I still have $9k in it. But I’m ready to call it a loss.
Stock’s already below $100, we’re getting hit with another round of employee cuts this year (remember the “no more big layoffs” promise?), and Srini keeps bleeding the company dry. Insider selling has been nonstop and the shorts are printing.
Some of us saw this coming months ago. The people who got let go tried to tell you. Now we’re all just watching it burn.
How low we going? $99? $80? Who else is still holding and ready to walk away?

More shuffling around to add confusion; cuts to come during the chaos?

Being dropped from the Dow was a wake up call. The stock has struggled, morale has taken a hit, and many employees and investors are questioning the company’s direction. CEO Dan Schulman seems increasingly disconnected from those concerns. Cutting costs can only go so far, Verizon needs a clear strategy to rebuild confidence, grow again, and prove its best days aren’t behind it.

Any other groups asked to come in and work the holiday? This company can get bent. maybe stop laying people off and forcing people to quit and you won't be behind.

3 more frac crews layed off this morning
Gore Nitrogen won more bids over Halliburton.
Looks like field camp may be shut down soon

The food and beverage industry is experiencing significant layoffs across various companies. These job cuts are primarily due to restructuring efforts, cost pressures, and changing consumer demand. Artificial intelligence is not the main reason for these widespread workforce reductions. Companies like Heineken, Nestle, JBS USA, Del Monte Foods, and BeatBox have announced job impacts or facility closures. The industry is adapting to new business challenges and seeking greater profitability.

https://foodinstitute.com/focus/food-beverage-layoffs-arent-about-ai-theyre-about-industry-reinventing-itself/

More cost cutting planned. As a result expect no raises and no CL promotions again this year. Meanwhile as inflation eats away at your pay, the buying power of your compensation goes down further.

Ask about that number in the next town hall.

Leadership has been sworn to secrecy for that reason alone. It is a big number and it will get a lot of press in Milwaukee. Extravagant north building rebuild. Eating a massive loss on Franklin. Mckinsie is leading the way. All while collecting massive consulting fees.

There were rumors about cuts at the start of July, is that happening?

Heard that mechanical in Nebraska got cut again. Is this true?

https://gamedev.net/news/keywords-has-laid-off-128-employees-in-san-francisco-r4134/

The Vallejo City Council voted to eliminate 44 vacant city jobs. At least 10 current city workers will also face layoffs by 2027. These actions aim to save the city at least $6.4 million. The city faces a $31.8 million deficit and flatlined general fund revenue. Mayor Andrea Sorce cast the lone dissenting vote on the budget plan.

Vallejo, California

https://localnewsmatters.org/2026/06/26/vallejos-lean-and-mean-budget-to-eliminate-44-vacant-jobs-with-layoffs-planned-in-2027/

S.L. Nusbaum announced layoffs affecting approximately 22 employees. These reductions primarily impact lower-level accounting positions. The company plans to outsource some accounting functions for efficiency. Layoffs will occur over six months, beginning in August. Affected employees will receive severance and internal job search support.

Norfolk, Virginia

https://www.pilotonline.com/2026/06/26/norfolk-based-sl-nusbaum-layoffs/

These are my random thoughts in no particular order.

First if you were impacted then I feel for you and wish you the best. Just understand average employees are paying the price for some terrible mgmt decisions made over the years. It’s nothing personal you did wrong. Some of the best workers I have worked with have been at this company, but they are not valued.

Today I learned the company will stop paying for home internet for certain grades. The penny pinching continues on top of job cuts. It’s not a good sign.

This year has been brutal with cuts , the employee survey scores are in the dumps. My personal opinion is things will slow down before another “right sizing” in October.

What should you do? That’s up to you. Some people say to me they are actively looking and will bail if they get another gig. Others say they won’t leave without being forced to with a severance.

The stock is up slightly but the company is circling the drain imo, the core problems have not been fixed . You should consider what boat you are in from the above paragraph. I’m not sure there is a right or wrong answer. I am happy to opine on any question you may have.

Ps. I’ve read the other threads and I can confirm management in OI is poisonous and vindictive

Anyone know what the current severance package is or what people have been receiving?

Bank will have another round of layoffs in July or August.

https://radioinsight.com/headlines/360118/iheart-starts-programming-realignment-with-ongoing-cuts/

I heard that there is a list. What does it mean if an employee is ON the list but not selected?

SPACEX was the trigger, we are all in for a world of pain. OpenAI will fall and Oracle will go with it. They cant cut enough heads to make up for the losses, hiding these cuts as "AI innovation" no longer makes sense.

https://finance.yahoo.com/markets/stocks/articles/chinese-hedge-funds-warn-ai-091421732.html

The South Country school district faced a significant fiscal crisis. Officials projected a $10 million deficit by the end of June. The approved 2026-27 budget includes 94.5 staff position cuts. Programs in art, music, and sports were also eliminated or reduced. State intervention provided a fiscal recovery package to the district.

https://www.newsday.com/long-island/education/south-country-school-fiscal-crisis-layoffs-prmnbswn

https://www.bizjournals.com/sanjose/news/2026/06/25/walmart-layoffs-san-bruno.html

He expects a cut, notes that it will be sizable but 'reasonable' (whatever that means). When I pressed with numbers did not want to share anything. I said 20K, he said unlikely, I said 10K he said maybe. Take it for what it's worth. I typically trust him as he's a good person and we have a close relationship (long story) but wanted to share that.

Third? Fourth?

CDW isn't what it used to be. Worse culture, worse pay, with constant cuts on top of it. So why do you stay? For me, it's health insurance. That's the only reason.

Sony is laying off potentially hundreds of developers at Bungie as part of its latest round of cuts following the end of support for Destiny 2, but it will continue investing in Marathon despite the extraction sho-ter’s ongoing struggles to expand its audience despite rave reviews. That was the message from PlayStation Studios chief Hermen Hulst in a new letter about the cuts. The Sony exec called Marathon an “important” part of the company’s gaming portfolio and promised ongoing support, at least for now.

https://kotaku.com/sony-calls-marathon-an-important-part-of-our-portfolio-as-it-promises-continued-support-despite-layoffs-2000710523

https://www.chron.com/texas/article/jpmorgan-chase-layoffs-plano-texas-22320323.php

Layoffs are bad press, so layoffs are coming in the form of su-king money from you until you have had enough- or simply cannot afford to work here anymore. Parking in Pittsburgh just went up by 50% with no contact person, not posted on my source to allow for questions. It was bad enough they stole 5% of bonuses of lower-income employees to inflate their stock price. What happened to “we understand the parking concerns, we’re trying to help” (Mike? Eric?) … how does raising prices help Pittsburgh’s lack of parking and public transportation options? You’re putting the burden of this company bleeding money onto your employees. Don’t act friendly in the halls and then stab us in the back on paper.

Is it over yet

Management only knows how to cut, so layoffs will never stop. Time to accept reality.