#jobsecurity

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Hiring practices are wild.

With all the H1Bs and outsourced roles (totaling millions of jobs), no wonder the job market is “down”. Not to mention, I know several people in office who got their children internships and full time roles here. This cr-p is ridiculous and all companies who partake in undermining American opportunities should be fined heavily and required to hire locally. Dont start with “lack of talent”. Thats a lie. We have more than enough, these companies just don’t want to train or pay Americans when they could do it for a fraction with foreigners.


Layoffs Are a Reminder, Not the End

Face it, guys.

Layoffs are imminent. Even if your job is safe today, there's always a chance you could be affected in the next round.

Don't waste your energy stressing about what you can't control. If you have the opportunity to find a better job, take it. If not, keep preparing.

Fear won't help you. Keep learning, keep improving, and keep leveling up. If you're good at what you do, there will always be opportunities.

And before anyone asks—I'm doing the same. Whether I survive the layoffs or get laid off, I'm already preparing for the next opportunity.


New job or risk it for the severance pay?

This is stressing me out a lot more than I would like it to. :/ If you apply for jobs that are hiring now, they won't want to wait until September. I see two options:
1- You get a job offer now, take it and loose out on the severance pay.
2- Decline job offers and risk not being able to get a job when the time comes but get the severance pay. (Assuming your VSP is accepted and everything with metrics goes smoothly in order to get the VSP..)
I wish they would just let me go now because there's so much of not knowing it's torture. I can't shake the feeling that they're gonna fire people for any reason they can so they don't have to give the VSP. But I've never been at a company that was doing layoffs and felt my job was at risk, so maybe I'm being dramatic.


Centene Voluntary Separation Program – Important Context for Planning

I am in senior leadership. We are being told that there will be a 20% reduction in total headcount. This will happen in waves to minimize any single organization from feeling they are targeted. Employees who stay will be told to take on additional responsibilities. This will give a false sense of security, which will lead to other rounds of layoffs.

H-1B visa holders are not receiving the buyout offers. They will be let go in much greater numbers. Their visa is tied to the job, so once they are out they only have 60 days to find new sponsorship or leave the country. Many of them are being pushed out in these reductions.

The job market will be saturated and many companies do not hire in high numbers in Q4. For the sake of your families I highly recommend reducing your output at Centene and going full time into the job search process. There is no such thing as being safe in this. Even if you make it past the firings you’ll be given more work and no promotion. By the time the company starts to normalize, newer employees will be brought in at much higher salaries.


Robinhood Announces Job Cuts at Headquarters

Robinhood is conducting layoffs. These job cuts are at its Silicon Valley headquarters. The layoffs impact engineers. Managers are also affected by the reductions. Employees across multiple departments face these changes.

https://www.bizjournals.com/sanfrancisco/news/2026/06/30/robinhood-layoffs-menlo-park-headquarters.html


Wells Fargo Expands Jordan Creek Job Cuts

Wells Fargo is implementing further job reductions. The reductions affect its West Des Moines Jordan Creek campus. Forty-three individuals are losing their jobs. The effective date for these job losses is August 22. A total of 228 employees have been impacted at this location since February.

West Des Moines, Iowa

https://www.desmoinesregister.com/story/money/business/2026/06/30/wells-fargo-layoffs-west-des-moines-jobs/90756798007/


Great Southern Bank Announces Branch Closures and Layoffs

Great Southern Bank is closing nine branches and eliminating 66 jobs. Three of these branch closures are in the Springfield area. Affected locations include Springfield, Ozark, and Nixa, all set to close on October 1. Branches in Missouri, Arkansas, Iowa, and Kansas are impacted by these changes. The company stated these actions are part of routine business evaluations to match changing market dynamics.

Springfield, Missouri

https://sbj.net/stories/breaking-news-great-southern-to-close-9-branches-conduct-layoffs,104797


Memphis Area Layoffs Surpass Previous Year's Totals

Shelby County experienced increased job losses in 2026. Over 1,400 jobs were affected by WARN notices by June 30. This total already surpasses the entire previous year's job reductions. Several companies contributed to these workforce reductions. Nike, GXO, IKEA, PMC Biogenix, CACI, WK Kellogg Co., and JBS USA were among them.

https://www.commercialappeal.com/story/money/business/development/2026/07/01/shelby-co-memphis-lost-1400-corporate-jobs-as-of-june-outpacing-2025-based-on-warn-notices/90745391007/


West Suburban Medical Center Cuts 500 Furloughed Jobs

West Suburban Medical Center issued permanent layoff notices. Approximately 500 furloughed employees are affected. The layoffs are expected to begin on August 31. This action was required under the Illinois WARN Act. The hospital's future remains uncertain amid ongoing legal disputes.

Oak Park, Illinois

https://abc7chicago.com/post/west-suburban-hospital-oak-park-illinois-sends-permanent-layoff-notices-500-furloughed-employees/19425354/


Found a new job as soon as I stopped worrying about pay

I'm aware that not everybody has that luxury, but if you can afford to drop 10 to 20 percent, there are plenty of options. My new job is interesting and it provides me with a chance to diversify in my field. I've been gone for a few months and I'm satisfied. If you want to leave, you have options. Just widen your search a bit.


Bay Area Tech Workforce Shrinks as AI Investment Grows

Job reductions in the Bay Area tech sector are increasing in 2026. Over 10,000 tech positions have been eliminated this year. The current total greatly exceeds last year's figures. Economists connect these reductions to a wider industry change. Companies are prioritizing investments in artificial intelligence.

https://www.kalw.org/bay-area-news/2026-06-29/bay-area-tech-layoffs-top-10-000-this-year


F&B Industry Cuts Jobs Due to Efficiency, Demand Shifts

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/


AI Layoffs Raise Concerns in Central Texas

Oracle recently laid off thousands of employees nationwide, partly due to artificial intelligence shifts. Central Texas leaders express concern about the future of jobs in Austin's tech sector. U.S. Rep. Greg Casar proposes taxing AI companies to help offset these job losses. Other experts advocate for workforce development and rapid retraining programs. The rise of AI is accelerating a shift towards a more flexible "portfolio economy."

Austin, Texas

https://www.kxan.com/news/local/austin/austin-leaders-warn-ai-driven-layoffs-could-signal-broader-job-losses/


Seems my position will be replaced by AI

Sitting here reading my job duties and how much of it as an IE is being replaced. I think the next roll of layoffs is going to be because positions like mine are being taken over by AI . I mean each couple of months I have less and less work due to it being automated . So, I think we are going to see this more and more throughout Texas Instruments but also probably the industry .I think this is where the next layoffs will be aimed


Leaving Centene with a package is not a bad thing

Take it from somebody who was laid off last year. Looking at where the company is now, I can safely said that being cut helped me dodge a bullet. I'm honestly relieved to be out of there. Severance was more than enough to get me to my next job (took me close to three months to find one). My new job pays a little less, but it has better bennies and much better job security. I'm genuinely happy now. I know everybody is nervous with the wait, but just take this into consideration.


Supreme Court Allows Trump to Strip TPS

Has anyone been keeping up with this? Many will lose jobs/careers again with this latest decision handed down last week. Opportunities will become available for natural born citizens again as well. There are ups and downs with this one:
https://www.americanimmigrationcouncil.org/blog/supreme-court-immigration-ruling-tps-asylum-seekers/


RAISE US Initiative Addresses AI Job Cuts

RAISE US launched as a non-profit to retrain US workers. It aims to address job displacement caused by AI-related cuts. The organization secured $500 million in private and philanthropic capital. OpenAI, Anthropic, and Amazon are among its financial backers. Commerce Secretary Gina Raimondo co-chairs the new initiative.

https://www.thestack.technology/ai-layoffs-soaring-non-profit-retrain-workers/


Optum Selloff Strategy

I want to preface everything with the fact that I have no idea if they’re actually planning to absorb minimal tech resources into UHG and then sell Optum. This is just a rumor that I read previously on this site.

I have two questions:

Does anyone know if this rumor has any merit?

If the rumor is true, how do you think they’ll draw the line in the sand? What teams will stay and what teams will be sold off? Will it be split by leader, onshore/offshore, etc?

I genuinely don’t know what outcome would be best. I’m just kind of curious if I can predict where my job will land.


McKinsey Reduces Workforce as AI Transforms Consulting

McKinsey & Company plans to cut 3,000 to 4,000 jobs. This affects about one-tenth of its global staff. The reductions focus on back-office and junior research roles. Generative AI has shortened delivery timelines in these areas. This indicates AI directly replaces junior analyst work.

New York, United States

https://news.outsourceaccelerator.com/mckinsey-layoffs-ai-consulting/


California Introduces AI Job Impact Tracking Tool

California introduced a new tool on Thursday. It serves as an early warning system for AI-driven job loss. The "California AI-Unemployment Tracker" links AI exposure to unemployment claims. This system monitors for labor market disruption in real time. Currently, no widespread AI-driven layoffs are indicated statewide.

https://www.ocregister.com/2026/06/25/california-state-government-launches-ai-job-loss-tracker-as-layoff-fears-grow/


SAS Cuts 300 Jobs Across Company

SAS eliminated 300 positions last week. These job cuts occurred across the company. A spokesperson called them "targeted changes." Affected employees can apply for other open roles. SAS also has hundreds of open positions worldwide.

Cary, North Carolina

https://www.wral.com/business/technology/sas-cuts-300-jobs-across-the-company-june-2026/


Transparency?

I wish Verizon would be more transparent regarding our jobs. I’m working doing what I’m supposed to do but it’s an elephant in the room. In VCG a lot of upper management meetings but nothing definitive about layoffs are being shared or hinted. We’re all trying to read between the lines and it’s stressful.


Uncomfortable truth...

Q2 Earnings will be a disaster (yes, we have a few days left), and all this job cutting will continue throughout 2026.

There were no meaningful, needle-moving developments in Q2: no market-disrupting announcements, no material improvement in execution, and interest rates remain elevated. That last point matters because the company is carrying more than $20 billion in debt, making refinancing and deleveraging increasingly challenging. At current levels $35-38, this stock is not 'a bargain' - it is a value trap.

The bull case largely depends on achieving more than $3 billion in free cash flow by 2028. That assumes flawless execution over the coming years. That assumption is far too optimistic. The scale of the cost reductions (layoffs, outsourcing) has significantly increased execution risk, while higher interest rates will likely slow debt reduction more than current projections suggest.

Then there’s the AI narrative. So far, it looks more like hope than evidence. Many large enterprises have discovered that indiscriminately consuming AI tokens is one of the most expensive and least efficient ways to improve productivity. Until there are measurable business outcomes—not just promises—I don’t see AI materially changing the investment case.

If you’re still at the company and haven’t started exploring other opportunities, seriously consider doing so. The current management team is delusional and underestimates both the financial complexity of the turnaround and the challenge of rebuilding the execution engine after such deep cuts. Don't expect a meaningful recovery unless the board takes decisive action.

And if you were recently laid off, I’m genuinely sorry. While it may not feel like it today, there are strong companies looking for talented people. Hopefully, you negotiated a fair severance package. Take some time to recover, then focus on your next opportunity.


Campbell's Jeffersonville Snack Facility Announces Layoffs and Closure

Campbell's is closing its snack plant. The facility is located in Jeffersonville. This closure will result in layoffs. More than 100 employees are expected to be affected. These job losses are part of the plant's shutdown.

https://www.whas11.com/video/news/local/layoffs-coming-at-campbells-snack-plant-in-jeffersonville/417-102bfea5-05a9-44f9-a653-3d29c8959401


You know what would be great?

If we knew that once this is all over, once VSPs and involuntary layoffs are done, we're good. We can relax, we can do our jobs without worrying. Sadly, we all know that even after all the stressing and anticipation, once this is over, we'll just move on to the next round, or next reorg, or next something that'll threaten our jobs. And that su-ks.


AI Fuels US Job Security Worries, Glassdoor Research Shows

Americans express high anxiety about job security. This concern persists despite a remarkably low unemployment rate. New Glassdoor research identifies artificial intelligence as the primary worry. Some companies, including Meta, Amazon, and Salesforce, have cited AI in recent layoffs. However, AI's overall impact on broad employment figures remains limited so far.

https://www.marketwatch.com/story/americans-are-as-worried-as-ever-about-layoffs-and-losing-their-jobs-why-so-much-angst-6503fb63


Groupe Beneteau Shuts Michigan Plant, Affecting 239 Workers

A state filing confirms job reductions at Beneteau. The company will affect 239 workers. Its Cadillac, Michigan, facility will close. Layoffs are scheduled to begin in August. Market downturn and Middle East conflict are cited as reasons.

Cadillac, Michigan

https://tradeonlytoday.com/industry-news/filing-confirms-beneteau-layoffs/


JPMorgan Reduces Plano Workforce by 244 Employees

JPMorgan Chase is laying off 244 employees at its Plano campus. These cuts represent about 2% of the campus workforce. The affected positions are primarily fraud specialist roles. Layoffs are expected to begin on August 21. This action is due to the bank discontinuing inbound fraud call center operations.

Plano, Texas

https://www.wfaa.com/article/news/local/jpmorgan-chase-enacts-layoffs-in-plano/287-e3495187-b7b9-4822-b6b7-84c07d323856


Who is safe

So there has been employees hired less than a year ago, how do they size up to those who have been here a lot longer? Based on certain comments here seems like there is quite a bit of individuals who didn’t get the VSP. So I’m like what does that mean for them?