#jobsecurity

Are we being spared this time?

My department has been told the goal is to “run out of work,” and that we should not be concerned with this. Today we “ran out of work.” Concerned?

Per Rob’s most recent email, our teams will remain intact until January 1st. After that? Who knows!

Was offered an internal position slightly below advertised salary on internal site & on LinkedIn. When I pushed back was told the pay range was "actually lower than advertised" - hm indicated the advertised rate was for midline to highest and I was told I can't qualify for midrange b/c the new grade was much higher than my current rank.

USB would NOT pay me for the role and job that I would be doing. They wanted to pay me off of my current salary & a certain % of the advertised midline - was firmly told no wiggle room that's how offers are made now.

Promptly declined and the manager seemed surprised. So I'm qualified enough for the job but don't deserve the pay? No thanks I'm not desperate. My next move will be to a better employer.

General Motors recently reduced its IT workforce. The company cut approximately 600 salaried positions. This move is part of a deliberate skills exchange. GM is now hiring for AI-focused IT roles. The automaker seeks professionals to build AI systems from the ground up.

https://www.indexbox.io/blog/gm-and-automakers-reshape-workforces-with-ai-focused-hiring-and-layoffs/

Milestone Technologies announced layoffs for 50 contractors. The contractors supported Meta’s Eagle Mountain data center. This action follows the end of Milestone's contract. Affected roles include logistics associates and managers. Separations are scheduled to begin on June 28.

Eagle Mountain, Utah

http://www.sltrib.com/news/2026/05/17/milestone-technologies-contractors/

Sorry to everyone who was affected by the recent cuts.
Quick question ,how long were u given to find another role within Fidelity?

I just want this round to be over so I can have some peace of mind, even if only for a couple of weeks. I'm terrified of losing my job. It's a bad period in life, too many obligations and reasons to stress. Losing my job would probably bring me to my knees. I hate that it's come to this, but I can't change it right now.

Stop believing that working harder will keep you safe. The employee who shows up, does the minimum, and spends the rest of the day working the room has better job security than the top performer on the team. When layoffs come, they look at your salary first and your results second. The company does not care how good you are. It cares how much you cost.

I have three kids, and we live in a $2 million home. My wife is a stay-at-home mom. I received my green card earlier this year, so I am not a U.S. citizen yet, which limits me from working for the government or companies that require U.S. citizenship. Jobs paying $200k or less wouldn’t meet our financial needs. If I were to be laid off, I would sell our home and consider moving back to India.

Made it through this round, but it doesn't feel like winning. This job is just about being afraid to lose it now. Nothing else drives me anymore.

Is the drop in stock price and the poor economy a matter of concern? I am worried if it will lead to more layoffs. Am I barking up the wrong tree on this one? My husband just got laid off and we have a year old daughter so I I am really worried. Anyone think or heard anything?

Visual Concepts, known for NBA 2K and WWE 2K, has experienced layoffs. The team working on WWE wrestling games was most affected. The mobile game WWE 2K25: Netflix Edition is cited as a main reason. This game reportedly did not meet expectations. Netflix will not renew its contract for 2026 and 2027 editions.

https://news.instant-gaming.com/en/articles/19564-visual-concepts-nba-2k-wwe-2k-has-been-hit-by-layoffs

Starbucks is eliminating 300 corporate positions. The company is also closing some regional offices. This action aims to streamline the organization. It seeks to reduce operational complexity and boost profitability. This marks the third round of layoffs since last year.

https://seekingalpha.com/news/4593800-starbucks-conducting-another-round-of-corporate-layoffs-closing-regional-offices

https://www.cheapism.com/2026-layoffs-major-american-companies/

Visual Concepts, known for WWE 2K and NBA 2K, has conducted numerous layoffs. Several former employees announced their job losses on LinkedIn. A software engineer, Brittany Thibodeaux, confirmed many staffers were let go. Game designer Nina Marotta was laid off while on sick leave. The article does not specify the total number of affected employees or a reason for the layoffs.

https://www.psu.com/news/visual-concepts-has-reportedly-been-hit-by-layoffs/

51 switch positions in the NorthEast are being forced into the union. Supposedly those people will have to bid for their current positions. This eliminates the need for current VZB techs to have to go to the switch locations for work.
Rumors have it that current VZB techs can bid on those positions as well, thus having those VZW techs to end up RIFd

Any idea if the greater Texas Wellmed case management team will be affected with the May or June RIFs? RN case manager just wondering if we are next.

What is going on that there are only executive positions open? Im on job reassignment and slated to be laid off on June 22nd if I cant find a job. I got burnt out taking calls.

Cisco announced job cuts affecting approximately 4,000 roles. This reduction represents about 5% of its global workforce. The company is restructuring to shift resources towards artificial intelligence. These layoffs occur despite Cisco reporting record revenue and profits. Cisco previously laid off a similar number of workers in February 2024.

https://www.thehrdigest.com/cisco-layoffs-set-to-affect-4000-roles-as-ai-redefines-operations/

Heard rumblings of a hiring freeze. Take a look at the careers page…only 22 listed. A mix of 22 positions that are determined to be necessary during this financial freeze. The first job option has an estimated range of 227-431k……..

Xbox, LinkedIn, data centers... Is anything safe from cuts these days?

We have a baby due in just a few months and I've never been this scared about job security. I can't afford to be laid off right now. Not with hospital bills coming and a new mouth to feed. Every rumor about cuts makes my stomach drop. I don't know how I'll be able to deal mentally with constant layoff rumors through all of this.

I'm this close to quitting because it'd be a better option mentally to search for a job in this market than have to worry about having one 24/7.

I've survived eight layoffs over the years, but I've got a bad feeling about the next one. Judging by my manager's behavior that suddenly shifted completely, I think my streak is about to end. I was never as worried about cuts as I am right now.

2 teammates are impacted through

Goldman Sachs is deploying generative AI to automate back-office tasks. President John Waldron stated this initiative will not cause mass layoffs. He expects the company's overall headcount to remain stable. Goldman Sachs Research estimates AI could expose 300 million jobs globally. Analysts remain skeptical, noting potential impacts on entry-level roles.

Manhattan, New York

https://hoodline.com/2026/05/goldman-boss-pushes-ai-factory-floor-swears-manhattan-jobs-won-t-vanish/

The mental toll of participating in unethical decisions, and the pressure we're under every single day, is barely manageable. It leaves marks. But my wife could lose her job any day, my two kids are still in school, and I'm drowning in debt. So I endure. So my family can survive. And yes, I've tried to find something else, even switch industries. But it's really, really bad out there.

I was laid off several months ago. I've gotten to the final round multiple times since then and each time, they pick someone else. The reasons are always vague and feel like excuses. My self confidence is now completely destroyed. I'm losing sleep and I feel awful. The irony is, I'd give anything to have my job back, the same one I hated for years before being cut.

Walmart will reduce its workforce by about 1,000 people. The company's corporate staff faces these reductions. Store workers are not included in this round of layoffs. Major job reductions target corporate offices in Arkansas and California. Local Walmart store positions are mostly secure.

Bucks County

https://www.phillyburbs.com/story/news/local/2026/05/13/walmart-layoffs-arkansas-are-stores-affected-pa/90058151007/

Washington state recorded the second-highest number of tech worker layoffs nationally. Over 11,000 tech employees lost jobs between May 2025 and April 2026. This data comes from Revelio Labs research shared with KUOW. Amazon, Oracle, and Meta were major contributors to these job cuts. A slowdown in tech hiring is also a significant trend.

Seattle, Washington

https://www.kuow.org/stories/washington-state-tech-layoffs-are-second-highest-in-the-country

Many of us don't like or want this job, but we still hope to keep it given the slim pickings in the job market. I wish all the best to everyone about to be impacted, and I hope they find good jobs.

Dozens of San Diego Unified School District employees will receive new job offers. These employees previously faced potential layoffs earlier this year. The district reached agreements with three employee associations. Sixty-nine at-risk employees can now accept new district roles. Human Resources found existing open positions for the upcoming school year.

San Diego, CA

https://www.10news.com/news/local-news/sd-unified-workers-who-faced-layoffs-to-be-offered-new-jobs-within-district

Four major employers in New Jersey filed layoff notices this week. These companies plan to cut 364 jobs across various sectors. Embassy Suites, JPMorgan Chase, Amicus Therapeutics, and Spirit Airlines are affected. Spirit Airlines announced 201 Newark employee layoffs due to its shutdown. Other companies also announced job cuts earlier this spring.

New Jersey

https://www.nj.com/business/2026/05/364-more-nj-workers-face-layoffs-as-job-cuts-keep-piling-up.html

I was laid off after more than 15 years at Wells. I survived the previous rounds, but I was finally caught up. Our CEO made it no secret this would continue through 2026. Each round I survived I had a little hope. Make no mistake it doesn't matter if you are a top performer or not. I have seen top talent just be let go over and over. It will continue.

I knew this might be a possibility, so I have been looking for jobs for months. It's been scary with this economy and job market. No bites. Had resume reviewed, joined job boards, joined talent agency/groups. The only thing that has come up is short term contracts but no real bites. Ageism is real and it's scary as he-l. All I can do is keep trying, take some time to up-skill and get some additional feathers in my resume cap, but I would be lying if I didn't say this job market is brutal.

Make no mistake. Wells doesn't care about the loyalty and commitment you have shown to them no matter how many years of service. Your performance isn't a guarantee either. Over the years I have jumped when Wells said jump. Traveled more than I can remember, worked nights, worked weekends, putting in 50-hour work weeks. Been a repeated top performer. They expect loyalty from you but don't expect loyalty in return. Don't be fooled. None if it matters in the end. You are just a number to Wells.

Especially if you're younger and recently joined Elevance. Save up six months of expenses. Keep interviewing even though you're employed. Find a way to make money on the side. Don't let this place have all the power over your life.

Anyone have more insight into the current one company job shifts?