#jobsecurity

I remember having job security once upon a time. We switched to a constant threat of layoffs too easily. It bothers me how all of us just accept that this is normal, when it's anything but.

Oracle has just scratched the surface with its 10% layoff and showed some positivity with its operational performance in layoff. Its operational performance is still weak.
Its trying to show the investors that it is high tech or growth stock. But it is not. Oracle has history of losses. Just market hype has increased and made it safe for now.
June earnings numbers will show it all

An internal corporate audit is in progress with new CFO and if she is really good there will be heavy cutdown of heads in upcoming qtr. Lots of products will be trashed.
Prepare for your best ... Jump the ship before its too late...

But I'm in a tough spot right now, and getting laid off would be devastating. I can't even think about looking elsewhere because life has been throwing one thing after another at me for months. The constant worry about work just makes everything worse. I'd love for things to be different, but they're not. I'm just hoping no big cuts happen until I get my head above water.

58 and Laid off for the first time in. my life. I spent most of my adult life in the military so this is a new experience for me

8 years ago I realized terminations were not going to end any time soon. I began putting my financial house in order and expanding my skills. I wanted to ensure I would be able to support my family if I could no longer find employment in the technology sector. I've interviewed for positions I was very over qualified for and did not like what I was seeing. Everyone wants to pay near minimum wages regardless of skillsets and experience. Today I am far less concerned about being let go than I was back then. Anyone else made realistic preparations for their untimely exit?

Thousands of IT employees across the University of California system recently unionized. They joined the University and Professional Technical Employees (UPTE) union. This expansion created the largest tech worker union in the United States. The union focuses on AI governance, layoff protections, and wage increases. Workers now have a collective say in new AI tool implementation and job security.

California

https://www.bloodinthemachine.com/p/they-just-formed-the-biggest-tech

The Hudson County Schools of Technology Board voted for layoffs. Twenty employees will be affected by this decision. These employees ran two specific programs. The board unanimously approved discontinuing these programs. The vote occurred at a meeting in Secaucus.

Secaucus, New Jersey

https://jcitytimes.com/layoffs-hit-20-as-hudson-county-schools-of-technology-discontinues-programs/

Guida-Seibert Dairy Co. will cease operations at its New Britain plant. This action impacts 205 workers. Job eliminations will start July 20. The complete shutdown occurs July 31. Dairy Farmers of America, the owner, cited changes needed for its cooperative network.

New Britain, Connecticut

https://hartfordbusiness.com/article/historic-new-britain-dairy-plant-to-close-205-layoffs-planned/

"Now that the latest Colleague Engagement Survey has closed, it is important to reflect on the strategy behind it. Evidence suggests that these 'colleague engagement' tools are increasingly being repurposed as diagnostic filters for layoffs.

• Treat Surveys as Legal Documents: Do not view these as 'safe spaces.' Anything you wrote can and will be used by an algorithm to assess your 'retention value.'

• Identify the Push: When leadership becomes obsessively focused on survey participation rates with multiple VPs and Directors badgering staff for 'opinions', it serves as a critical RED FLAG for an impending organizational 're-alignment,' signaling that they are gathering the necessary paper trail to justify a workforce reduction in the next 8–16 weeks. This predatory use of feedback doesn't just destroy morale; it marks a total collapse of corporate integrity, proving that the company views employee honesty as a liability to be exploited rather than a resource to be valued.

#WorkplaceTransparency #CorporateCulture #EmployeeEngagement #JobSecurity #HRTrends #LeadershipWarning #CorporateIntegrity #TheSurveyIsATrap #LayoffAlert #ToxicWorkplace #RedFlags #ProtectTheWorkforce #WorkplaceRights #EmployeeRights

The Linked in posts all seem to follow this format. "After X years at Fidelity my role has been eliminated, but I am so grateful, humbled....blah blah for a couple of paragraphs... I've had the privilege...I never felt so valued...as a move on to my next chapter, I do so with immense gratitude and respect for everything that Fidelity stands for"

Then on the opposite spectrum I see recent graduates posting about how excited they are to share that they accepted an offer at Fidelity in some customer service role.

Is there some template that Fidelity is suggesting that people use?

It also feels like Fidelity does not want older people in the organization.

I feel like it’s already happening….. They have the data entry part down for spreading financials. What would stop USB from telling them to also do write ups etc.?

It feels like the only professions untouchable by india is law, medical, and trades…..

I got out of SAP 12 Months ago and it's been the best decision I've made.

I was a decade within the company. But if you are sick of the BS just move on. Life is too short and wasting bandwidth in this forum.

Will anyone tell us please how long this job restructuring will affect this loss of jobs? Its like the company frozen? I am stuck in job reassignment for being burned out by the call center. No one has said anything. Im tired of the lapse of communication between upper management and us. If someone can anonymously say something here about when this job restructuring will end, please do. I cant take waiting anymore. Its like they want us to quitml.

Spokane Public Schools anticipates significant staff reductions. Superintendent Adam Swinyard discussed potential layoffs with the board. The district may eliminate 150 to 500 jobs. Declining student numbers and state funding volatility are factors. Budget shortfalls persist even with a successful levy renewal.

Spokane, Washington

https://starlocalmedia.com/spokane-public-schools-faces-major-layoffs-regardless-of-tax-renewal/article_04d3de80-5e50-5af7-9866-1ba608937bf7.html

The Los Angeles Unified Board voted to approve significant job reductions. This action eliminates 657 positions within the school district’s central office. The district anticipates these cuts will save $90 million annually. These reductions are part of an ongoing fiscal stabilization plan. Further budget cuts and thousands of additional layoffs are projected for the coming years.

Los Angeles, California

https://laist.com/news/education/lausd-reduction-in-force-vote-may-2026-budget-preview

Sony Group Corp.'s Bungie unit plans significant layoffs. The company is ending development on its online sho-ter game Destiny 2. This game's development will conclude next month. No new project is currently lined up for the affected development team. Bungie does not plan immediate production on a Destiny 3.

https://www.bloomberg.com/news/articles/2026-05-21/bungie-plans-layoffs-after-ending-destiny-2-development

Just read this…. That is all I’m going to say.

https://nypost.com/2026/05/21/business/jamie-dimon-says-jpmorgan-will-hire-more-ai-braniacs-fewer-bankers/

And not sure whether I should file; does anybody have thoughts as to the pros and cons… especially with respect to whether one could lose his job.

I am an internal employee currently on job reassignment. I need a new position or the company will sever my employment. I demand to know when they will put back the jobs they removed.

No point in investing in this place. Look at who they cut - nobody is safe, and hard work clearly doesn't matter.

Acrisure is laying off 2,250 employees. The layoffs reduce the company's workforce by 11%. CEO Greg Williams announced the cuts in a letter to employees. The decision is driven by advancements in artificial intelligence. Layoffs began Wednesday and will continue into next year.

https://www.fox17online.com/news/local-news/grand-rapids/acrisure-to-cut-2-250-jobs-amid-rise-in-artificial-intelligence

BT plans to cut at least 27,500 more jobs by 2030. This represents over a quarter of its current workforce. The company aims to reduce costs due to stagnant sales. BT already eliminated 8,500 positions in the past year. These reductions stem from fiber rollout completion and old technology retirement.

https://www.lightreading.com/fttx/bt-plans-mass-layoffs-after-cutting-8-500-jobs-in-last-year

US applications for unemployment benefits decreased last week. Filings fell by 3,000 to 209,000 for the week ending May 16. This figure is lower than analysts' forecasts. Layoffs remain historically low despite ongoing economic uncertainties. Inflation and global conflicts contribute to market instability.

https://www.telegraphherald.com/magazine-websites/biztimes/ap_wire/article_db770c85-a417-580b-b5a2-1e952919bbbc.html

Intuit plans to eliminate approximately 3,000 jobs. This represents about 17% of its total workforce. The company is undergoing a broad restructuring effort. This effort aims to reduce complexity and accelerate AI integration. Two office locations, Reno and Woodland Hills, are also slated to close.

https://finance.yahoo.com/sectors/technology/articles/intuit-layoffs-3-000-jobs-142453143.html

Citibank disclosed over 300 layoffs at its Manhattan headquarters. These layoffs are part of broader ongoing job cuts. Citi announced plans in early 2024 to cut 20,000 employees through 2026. The New York Department of Labor posted details this week showing over 550 permanent layoffs this year. Over 300 layoffs were disclosed to regulators in April.

New York, New York

https://www.thinkadvisor.com/2026/05/20/citi-discloses-over-300-new-york-layoffs-part-of-ongoing-job-cuts/

Republic National Distributing Company plans layoffs in Oregon. The company expects to cut 146 positions. This action follows plans to sell its operations. Layoffs are scheduled to begin on June 17. Affected workers are represented by a union.

Portland, Oregon

https://www.koin.com/news/business/146-workers-laid-off-as-oregon-alcohol-distributor-finalizes-sale/

New Careerminds research indicates loyal employees are hit hardest by layoffs. Many long-tenured workers believed their dedication would protect their jobs. Over two-thirds of these employees felt blindsided by their layoff announcement. Most had significantly outdated resumes or inactive professional networks. This experience often leads to financial stress and reduced future employer loyalty.

https://www.cpapracticeadvisor.com/2026/05/20/loyalty-tax-why-loyal-employees-are-being-hit-hardest-by-layoffs/183753/

Two New Jersey employers filed notices for significant workforce reductions. Acme Markets plans to cut 115 positions at its Edgewater location. The supermarket announced it is closing on August 15. Barclays PLC will reduce 64 employees at its Whippany facility. These job reductions are effective starting in August and September.

Edgewater, New Jersey

https://www.nj.com/business/2026/05/179-more-nj-jobs-cut-as-supermarket-and-bank-file-layoff-notices.html

Heard on the grapevine that the sell off to BT is now more likely than the mass dismissal in EMEA. At least for Professional Services teams working on Security products. That should buy people some security for a few years. Regarding exactly which teams, remains to be seen. BT earnings call today 21.05.

Now I'm jobless. Thanks Intuit. I turned down another offer to join here. What an amazing thank you you gave me. Also, fu-k you.

https://www.businessinsider.com/list-companies-replacing-human-employees-with-ai-layoffs-workforce-reductions

LinkedIn announced job reductions affecting over 600 employees. These permanent layoffs are scheduled for July 13. Many affected workers are based in California offices. CEO Daniel Shapero's internal memo previously indicated these cuts. The memo detailed a need for reinvention and investment shifts.

Mountain View, California

https://nypost.com/2026/05/19/business/panic-in-california-as-linkedin-announces-hundreds-of-layoffs/

Don’t give me all that double talk about needing a job and all.
You are grown human beings. You should be able to do something else, and clear yourself of this mess here.

Why do you keep doing the same thing every day, yet expecting a different result? At this point you are beyond being able to justify why you stay here to anyone or yourself.

It's not just the layoffs, it's knowing what the job market is like right now. Being laid off is bad enough, but when so many people are already being cut and there are so few available jobs... I've never been this worried about losing my job in my 20-year career.

We all need the damn paycheck.

Has anyone forced out or currently training their replacements have any luck finding a new job? Can you share any tips? Did that "job search assistance" they offer help at all? I read that you get taxed in your severance for that "benefit". If it is useless can we opt out so as not to pay taxes on that?

Please keep this on topic and don't have this thread devolve into "the usual". This is for job hunting information only.

Baldwin Wallace announced further program and staff cuts. The university will cease offering 35 academic programs. Ten faculty members face job elimination. These actions aim for financial stability amid declining enrollment. The university previously cut 35 positions.

https://www.clevescene.com/news/baldwin-wallace-announces-another-round-of-program-and-budget-cuts/

Standard Chartered Bank plans to cut approximately 7,800 back-office jobs. These reductions will affect over 15% of its back-office roles by 2030. CEO Bill Winters described this as replacing human capital with financial investment. This is part of a new strategy focusing on affluent Chinese customers. The bank also targets higher non-interest income and an 18% return on equity.

https://www.moomoo.com/news/post/70217825/ai-impacts-banking-jobs-standard-chartered-announces-8000-layoffs

Can someone explain how these layoffs actually get determined? I feel like it’s just purely cost, but based on how pointless and anti productive it has ended up being I’m not sure if they actually give it any thought. Manager has been giving us the standard BS. (Saying a lot without actually saying anything) lol.

Has there been a single day in the past 12 months that we didn't have to worry about cuts? I'm pretty sure the answer is no. Even after the cuts are freshly over, we immediately start thinking about the next round, because we all know it's coming. How come we all allowed for this to become the new normal?