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Is the layoff wave actually over?

I am so confused and anxious... Is this layoff wave actually over?
I went through every single thread and what I am seeing is conflicting. People around me including my manager are clueless, rumors and guessing. Here I see that some posters say all impacted employees were already notified and May is done. Others report sameday notifications still happening, “quick catch up” meetings appearing, and leadership is refusing to guarantee no further cuts.... also - multiple posts suggest that phased restructuring will go thru June. Some say September. WTF???


Caged Monkeys and Water

Few monkeys were caged with a ladder and a hole to escape at top of cage. Whenever any monkey tries to climb the ladder and escape through hole, Huge force of Water is sprayed on them. Slowly all the monkeys tried to pull the climbing monkeys and hit. No monkey climbed even if cage was open.

Similarly, even when employees try to use their skills, management is pushing towards AI. eventually employees will lose their own skill and when they are out, they feel like they are lost in market and will try to go back to Oracle cage.

Shameful Peanut Monkeys


Graphic Packaging International (GPI) continues to implement job cuts

The staff reductions span Georgia, Louisiana, and Michigan, impacting a wide range of positions from headquarters-based corporate roles in Atlanta to operational employees in different field locations.

https://www.harianbasis.co/en/packaging-manufacturers-layoffs-facility-closures


PDS Sh**show

Can anyone explain why employees are still being required to complete their PDS even though they’re already being laid off in 2026? HR is saying it’s mandatory if an employee doesn’t yet have an official termination date. Honestly, what’s the point of going through this process when performance results won’t matter anymore—unless IOL just wants to rank these employees at the bottom to boost the ratings of those who are staying.


More layoffs happened this week (Dental)

In the U.S. healthcare town hall this week Bryan H. said the “vast majority” of 2026 layoffs were done by Feb. and now they're primarily looking into IFP.

Well, there were just more layoffs in Dental yesterday. This is on top of about 15% of our org being cut in Jan/Feb so it’s clearly not over yet. We’re really going to struggle to keep the business going.

Anyone hear of other layoffs this week?


I know why exxon got rid of NRE. It is because of employees like this .

I remember many years ago an employee who was 53 dared exxon to fire him. He was arrogant and rich so he did not cafre. He was told by hr that he did not have to complete the DPC. He barely attempted to do any of the stuff on the plan and even missed many of the meetings with the boss. In the end he passed and was left alone for a few more years. There were many loke him as we called them retired in place. One machinist just walked around all day with his coffee. He worked on a single part for a months just taking his time. Another NRE fellow would hide out all day and disappear. One old guy told the management he did not deserve to be on dpc and refused to participate. He passed as well. Even employees on pips passed at high rate years ago. It has all changed now and the pass rate is very low. Pips used to be common when you were in your sixties now the can happen at any age.


Layoff Counts

Any IT people here who can run a quick compare on number of people in the email directory before and after the cuts? I see number of posts claiming different numbers, execs are silent, instead of spreading rumors maybe we can try to figure out the real number. No, you may argue that the number is internal, but since you can legitimately buy (ZoomInfo, SalesGenie, RocketReach, Lusha, etc.) the entire email roster of pretty much any large US company this argument would not stand ground.


ah, and another year goes by... and layoff planning begins

This years bonuses were not paid in the US but were paid in India sending a clear signal of what is to come. Over 50% of US technical staff was laid off in last year's annual blood letting with a high probability of more to come again this year, perfectly timed after everyone works ridiculous hours finishing all the back to school work. Headcount continues to grow in India and even more of our US associates will be on there street after this years annual "event". For a US company, providing educational services to US schools, to prioritize employees in another country is akin to having American flags made in China. If that was not enough; efforts like Texas's Bluebonnet curriculum directly take aim at companies like HMH making their product obsolete. Sad state of affairs for US employees, and US schools.


Eugene School District 4J lays off librarians, PE teachers, counselors

Eugene School District 4J issued layoff notices. A total of 176 employees received these notices. The notices were sent on May 1. This action addresses a significant budget deficit. The district faces a $46.4 million shortfall.

Eugene, Oregon

https://www.registerguard.com/story/news/education/2026/05/08/eugene-school-district-4j-lays-off-176/89968393007/


New Chief Compliance Officer Remote

USAA has a policy that all new roles are in office. Remote employees that post for new roles must move to an office location if they want a new role. It also has a policy that all roles are posted for at least 5 business days. This does not appear to apply to all people. Good ole boys get special treatment. The bank just hired a new chief compliance officer and the role was not posted. The new chief compliance officer is also remote and does not appear to have moved to an office location. What gives? Why is there special treatment for certain people while the rest of us remote employees are stuck in our roles unless we are willing to move?


PNC Workers Resist Full Office Return

PNC implemented a five-day return-to-office mandate this week. This policy requires most employees to work onsite daily. Many employees expressed strong negative reactions on social media. Concerns include long commutes and childcare challenges. PNC states the policy supports collaboration and culture.

Pittsburgh, PA

https://www.pghcitypaper.com/news-2/labor/amid-five-day-return-to-office-mandate-pnc-employees-vent-on-social-media/


Ticketmaster Reduces Workforce by 350 Positions Worldwide

Ticketmaster cut approximately 350 jobs globally. This reduction represents 8% of its total workforce. The layoffs primarily affected engineering, product, and design teams. The company cited stronger prioritization and restructuring efforts.

https://qz.com/ticketmaster-layoffs-350-jobs-engineering-design-050726


Haverhill Schools Propose Budget with Fee Hikes and Position Cuts

Haverhill School Superintendent Margaret Marotta presented a draft $137 million budget. The plan includes increasing rental fees for school facilities. It also eliminates 17 positions, mostly vacant or due to retirement. Three current employees losing positions will be reassigned within the system. These measures aim to balance the budget and avoid widespread layoffs.

Haverhill, Massachusetts

https://whav.net/2026/05/07/haverhill-schools-release-draft-137m-spending-plan-without-layoffs/


St. Helena District Approves Two Layoffs, Spares Counselor

St. Helena Unified School District trustees approved two employee layoffs. The 5-0 vote on Thursday impacts the 2026-27 school year. Melissa Hansen, an executive assistant, and Esperanza Fuentes, an accounting technician, received final notices. A high school guidance counselor, Shawn Garrity, was ultimately spared from layoffs. Declining enrollment and increased costs contributed to the district's financial challenges.

St. Helena, California

https://napavalleyregister.com/star/news/st-helena-school-board-layoffs/article_2635a36c-c502-43d2-b4ca-51bd8c4daeed.html


I say this after every layoff and I'll say it again

Don't pick up any extra work! If you do, you're just validating this leadership in thinking we can do more with less. You're making it seem like it was justified that they removed people since everything is getting done with fewer people. They don't give a damn that means that those who are left are breaking their backs trying to keep things running. They just see it's getting done and patting themselves on their backs. So don't do it. Make yourself busy whenever asked to do this or that if it was not part of your job before. And if you're worried about how that'll reflect on you, I've been doing it for two years and I'm still here.


End of Rahul

He had just under 3 years, turnover went down from $14billion to $12billion. Share price down from $24 to $9 staggering -65% decline.

AI dream not producing any revenue, employees underpaid, Execs doubled their pay, layers of useless people given fake roles like Cumhire, Danny, and others. Its become a joke.

Wall Street is fed up of next quarter, next quarter excuses, never generating revenue. Bye bye Rahul you did very well out of it.


Query on IBP Eligibility for Employees Let Go Mid-Year

Reaching out to those who were impacted by layoffs last year, especially from non-sales roles.

I understand that employees who were let go in February received 100% of their IBP, and those impacted around September/October received about 75% of their IBP.

Can anyone confirm whether employees who were let go around the June/July timeframe received any IBP payout along with their severance?

Thanks in advance.


Are there alternatives?

SAP used to be the greatest company to work for, at least as far as I am concerned.

But now? Not anymore. The current board is su-king all joy and enthusiasm out of work.

But are other companies that different? Oracle... meh. Microsoft... no thanks.

Is there an alternative that a) pays well, b) treats their employees well, and c) is large enough not to disappear in the near to middle future?

I am not aware of any, unfortunately.


Why are they letting go of the people who were the backbone of their teams?

Once again, they're going after veterans, experienced folks, quick thinkers, and problem solvers. Exactly the people teams need to function. You could almost believe they don't care about the company's future. And they don't. As long as the top and the shareholders get their value, nothing else matters. I just wonder when the bottom finally gives out.


The summer of George!

Going George Costanza mode. Great time to get laid off for 6 months if you were also in the crosshairs. Looking on a potential bright side; the culture here started to su-k 5–6 years ago. Will be looking for a company that at least does a better job pretending I’m not just a number when breaking my back for them for over a decade!


Star Tribune Article on Restructuring

https://www.startribune.com/medtronic-restructuring/601838496

This is a bold statement by the Medtronic spokesman.

“ The restructuring is one of several since 2020, and employees have reported the latest one is occurring in tandem with layoffs.
A Medtronic spokesman declined to confirm any layoffs, saying in an email that he would not comment on “rumors of staffing changes.”
He added that the company’s hiring in recent years has outpaced any reductions — especially in the United States.
“What I will point out is that as Medtronic sharpens its focus on high-opportunity, high-growth areas, we’re making thoughtful decisions about where to invest,” spokesman Justin Paquette said in an email.”

Any guesses on total headcount reductions?


For those that got laid off today

I was laid off today and just sat there like “now what?” What are your plans for now to the end of the month?

I’m thinking to just show face at daily meetings, don’t do anything else and ignore 90% of teams and email messages. I mean this was worst case right? They can’t really do anything else?


Laid off today

Alright guys I’ll give y’all a real post. I was an SM in wealth and got laid off today. I know you guys like to hate on SM’s but seems like a lot of us got hit. Meeting was put on my calendar super early this morning as a 1-1 without any context. Been here for 10+ years and for severance I got 6 months, prorated bonus, PTO paid to cash, and shares cashed. My manager was visibly shaken up and was like a robot reading off a script just emotionless and monotone which was very unusual. Was told to take the rest of the day off and don’t bother coming into the office through the end of the month which is my last day.

It su-ks but I was already interviewing elsewhere which I’m stoked about the severance and all the payouts.

For those affected, just know you are not alone and this is just how “at will employment” works. I hope you all bounce back quick and enjoy a little time off to recoup. Or at best find another job and enjoy the dual income.