#layoffs

The stock prices is down 2% YTD and most analysts expect very little upside. Also, with very high technology spending and in employee salaries, seems like we should expect a sizable layoffs in the near future. Thoughts?

Lenovo has confirmed layoffs within its US-based XR business unit. The company is transitioning its strategy from business-focused XR to a more consumer-oriented approach centered on AI-enabled wearables. This shift will integrate XR efforts into Motorola, aiming for a unified personal AI experience across devices. Lenovo's move reflects a broader industry trend of disinvesting from traditional VR/AR towards smart glasses and AI integration. The company's XR investments have not yielded expected returns, prompting this strategic pivot.

USA

https://skarredghost.com/2026/07/13/lenovo-vr-layoffs/

It's that simple, the current work force is broken. Good luck on the unemployment line.

Heard major surplus's in craft elimination of job titles, consolidation of job titles, 2nd & 3rd level managers cut out

Have there been anymore layoffs? Is T-Mobile still hiring developers? Is Data&AI still growing out and expanding or still contracting? What's the mood overall like in TMO?

Dallas has implemented mandatory furlough days for most city employees as a cost-saving measure to address a $30 million budget shortfall. This plan requires workers to take unpaid leave, impacting public access to services like libraries and City Hall. The city is facing financial strain due to increased overtime, lower sales tax revenue, and rising health expenses. While first responders are exempt, residents are experiencing inconvenience and questioning the city's financial management. City workers are concerned that these furloughs could foreshadow future layoffs if the financial situation does not improve.

Dallas, Texas

https://texasmetronews.com/124613/dallas-furloughs-closed-buildings-confused-residents-and-worker-uncertainty/

The Federal Bureau of Prisons is closing six facilities nationwide. This decision stems from significant staffing shortages and deteriorating infrastructure. Approximately 500 employees will be impacted by these closures. Some workers will face layoffs, while others will be offered transfers to different locations. The BOP cites a $4 billion deferred maintenance backlog as a major contributing factor.

Texas, Kentucky, Virginia, California

https://www.fedagent.com/news/six-federal-prison-facilities-to-close-as-bop-cites-staffing-maintenance-concerns

Something is coming. Right before each transition or layoffs pass downs become a nightmare! Literally, they came in one day said don’t do x,y,z moves . After we did it the night before . So, next day we don’t and follow directions they come in and get upset we don’t do it after they asked us not to.
When this kind of bull starts happening and first shift and upper management starts losing their temper and minds something big is always on the way!

This is becoming quickly one of the worse places to work!

Morale is so bad
Coming in and making fuss after fuss over sometimes the directions they gave to do . Why would anyone want to do this to themselves?

This company especially this particular fab in Richardson is going to run everyone off!!!!!!

Ask questions before you start flying off the handle !

Especially if you are at the top be sure you’re setting the example!

Harris County departments are preparing for significant budget reductions as a deficit of up to $287 million looms. This marks the fifth consecutive year the county has faced a budget shortfall. The primary driver of the deficit is increased law enforcement salaries, which were implemented to match city pay scales. With limited options remaining, the county is now considering employee layoffs and position eliminations. Rising inflation costs for services like fleet management and technical support have further strained the budget.

Houston, Texas

https://texasscorecard.com/local/harris-county-departments-brace-for-cuts-amid-nine-figure-budget-deficit/

As reported in the NYT this morning. Gail took full credit of course, but I could just envision her thinking “these RIF’s are working great! Gotta kick it into high gear”. Glad I retired a few months back and out of that stress.

JPMorgan Chase CEO Jamie Dimon revealed that artificial intelligence has led to significant job cuts in certain departments. While most affected employees were offered new roles within the company, Dimon acknowledged substantial reductions in specific areas. He stated that AI has already created huge efficiency gains, impacting job numbers. The bank is focusing on retraining its workforce for evolving roles. These changes reflect a shift in Dimon's previous stance on AI's impact on employment.

New York, New York

https://www.fastcompany.com/91573524/jamie-dimon-says-jpmorgan-has-slashed-40-of-jobs-in-some-departments-thanks-to-ai

Most people quit too late.

Look out for these 12 signs:

1. Dread Every Morning
   ↳This isn't a bad week, it's a pattern that won't shift
   ↳Ex: Your stomach drops every Sunday night before Monday

2. Growth Has Stopped
   ↳You've learned everything this role can teach you
   ↳Ex: You could do your job in your sleep and haven't been challenged in months

3. Values Don't Match
   ↳The company rewards things you don't believe in
   ↳Ex: Leadership praises long hours over real results

4. No Real Feedback
   ↳Your manager never talks about your future, only your tasks
   ↳Ex: Your last three reviews said "keep doing what you're doing"

5. Constant Small Lies
   ↳You're asked to bend the truth in ways that add up
   ↳Ex: You're told to tell clients a project is "on track" when it's not

6. Health Keeps Slipping
   ↳Your body is sending signals your calendar ignores
   ↳Ex: You've had three headaches this week you didn't have last year

7. Talent Keeps Leaving
   ↳Good people quitting is a signal, not a coincidence
   ↳Ex: Three teammates left in six months and no one asked why

8. Raises Feel Impossible
   ↳You've asked clearly and gotten vague answers twice
   ↳Ex: "Let's revisit this next quarter" - for the second year in a row

9. Passion Feels Gone
   ↳You used to care, now you just show up
   ↳Ex: You stopped raising ideas in meetings months ago

10. Trust Is Broken
    ↳Something happened that changed how you see leadership
    ↳Ex: A promise about your role or pay was quietly broken

11. Skills Are Stale
    ↳The market is moving and your role isn't keeping up
    ↳Ex: You haven't learned a new tool or skill in over a year

12. Gut Says Go
    ↳You already know, you're just waiting for permission
    ↳Ex: You catch yourself checking job boards every day at lunch

Staying too long doesn't just cost you time.
It costs you growth.

https://www.leadershipgs.com/newsletter

Does anyone know if Case mgmt will be impacted as part of the layoffs on 7/16??

A significant fire at its Grand Rapids warehouse has forced Notions Marketing to cancel all orders and lay off approximately 200 employees. The accidental blaze, believed to be caused by an internal electrical failure following a power surge, has rendered the main facility unusable. Operations were crippled, with significant inventory also contaminated by smoke. The company stated there is no clear timeline for resuming safe operations at the damaged site. This permanent mass layoff affects a substantial portion of their workforce.

Grand Rapids, Michigan

https://www.woodtv.com/news/grand-rapids/fire-at-grand-rapids-warehouse-prompts-mass-layoff-of-200-workers/

Howard Stern's SiriusXM show has laid off approximately a dozen employees. This reduction in staff is a direct result of Stern's decision to broadcast only one new show per week. The change follows the signing of a new contract that offers him increased flexibility. Veteran producers remain, but the need for extensive new content has diminished. The remaining airtime will likely feature pre-recorded segments from his extensive archive.

New York, NY

https://pagesix.com/2026/07/14/celebrity-news/howard-stern-lays-off-a-dozen-staffers-preparing-to-drop-to-one-new-show-per-week/

Despite reporting strong financial results, Wells Fargo executives have indicated that additional layoffs are anticipated. The Chief Financial Officer stated the company can operate with fewer employees. This suggests a strategic move towards increased efficiency. Further workforce reductions are expected in the near future. The bank is focusing on streamlining its operations.

San Francisco, California

https://www.bizjournals.com/sanfrancisco/news/2026/07/14/wells-fargo-bank-layoffs-job-cuts-earnings-ai.html

The Plainfield City Council has advanced a $119.7 million municipal budget that includes a 5.4% tax increase. This spending plan also anticipates employee layoffs to address a structural deficit. City officials reduced the initial tax hike projection through spending cuts and new revenue sources. Rising health insurance costs and a decline in tax collections are significant factors contributing to the budget increase. A public hearing and final vote on the budget are scheduled for August 10.

Plainfield, New Jersey

https://www.mycentraljersey.com/story/news/local/union-county/2026/07/15/plainfield-budget-tax-increase-layoffs-2026/90914389007/

Budgets cut to bare minimum, even less than stores like ROSS, TJ Maxx, Marshall’s, Bealls, and Burlington

It May be the worst in the retail industry

A nurses union has filed a lawsuit against Sturgis Hospital. The union alleges the hospital violated state employment law. This action follows recent layoffs at the facility. The lawsuit seeks to address the alleged legal infractions. The hospital has not yet publicly responded to the suit.

Sturgis, MI

https://www.woodtv.com/video/nurses-union-sues-sturgis-hospital-after-layoffs/11972278/

Alameda Health System has successfully rescinded 92 planned layoffs thanks to a significant county funding allocation. The $19.3 million in one-time funding will also ensure the continuation of two vital behavioral health programs. This financial support was approved as part of Alameda County's latest budget. The allocation aims to address the health system's substantial deficit and prevent workforce reductions. An independent performance audit is also slated to examine the system's operations for potential improvements.

Oakland, California

https://www.healthcarefinancenews.com/news/alameda-health-system-rescinds-92-layoffs-after-193m-county-allocation

Honeywell is closing its Luton facility—which manufactures water meters—in 2027 and moving production to Slovakia, where a Centre of Excellence is being established. Layoffs are currently underway.

Watch the Cisco Beat today...
They have rediscovered serious performance monitoring and evaluation and participation in the bullsh-t side of it is becoming mandatory. As a result they are moving it out of all the clunky tools they have today--into a new tool. Which is???

WEBEX!!

Yup, Webex. Likely so that they can use AI to run it all in the backend (which they own/control). So, from now on, you'll be effectively reporting to an AI tool that will evaluate your performance against the latest/greatest HR fashions.

Which means that next time they need to get rid of x'000 people they can ask AI for the list. Which is probably not good news for middle managers.

If you have left the company and you're in here moaning, then you haven't stepped away at all.

Xerox has to change. Decades of poor leadership, management and poor execution, coupled with quite incredible world events- remember COVID, have led it, and others in its sector to where it is today.

Many hark back to the days when Xerox dominated; sadly, Xerox didn't invest and didn't diversify then and, like others in the sector, is paying the price now as they attempt to do this against a ticking clock, which ultimately will and does impact employees.

You appear to have decided to move on; good for you. Others have made the choice to stay and support this change, and others will have found themselves stuck.

Many need Xerox to not only survive but beat the competition; they need the income.

Far too many posts on here don't contain facts. In fact, I would go so far as to say they deliberately carry disinformation intended to sow doubt, not healthy debate or even offer useful help, support and advice. That isn't healthy.

Far too many posts carry voices from the past, who are now on the sidelines shooting into the barrel. Let me point back to my earlier statement: it took decades for this to happen; if you were here in the past, you were a part of that decline; be accountable, stop saying 'I told you so' and su-k it up, you helped make this mess.

I don't drink the Kool-Aid, but I need to work; the best chance of me staying in work is to deliver, so that's what I'll do.

A couple of final words: If you're unsure, ask your manager, not some random on here. If they don't know, ask HR; you'll have to wait for a reply for sure, but it'll be correct(ish)(mostly). Don't get caught up in mindless survival assessments with folk on here. Let's be frank: if they knew what the markets did and how they worked, as they claim, they wouldn't be on here moaning and groaning; they would be spending the $ they were making. The last and most important thing. Focus on you, be healthy, don't come in here and worry about a financial assessment made by someone that literally doesn't know what they are talking about and who no longer works for Xerox. If you're struggling, reach out to someone who can help.

Giving the post a negative? You're part of the problem, not the solution.

I'm not in retail, but I see the job postings and every day there's 10+ postings with retail in the title. What is all the retail hiring if people are talking about massive retail layoff and store closures?

Over the past year, I’ve been keeping an eye on internal opportunities because my current role may be impacted any day now and definitely will be before the end of the year. One thing I’ve noticed is that I rarely see U.S.-based operational positions (BEC, Senior BEC, Leads, etc.). Most of the openings I come across appear to be in India, and U.S. operational postings seem few and far between almost extinct and obsolete.
Is anyone else seeing the same thing, or is it just the types of roles I’m searching for? I know these company believes several roles are replaceable by using AI instead.

I’m genuinely curious whether this is a broader trend or if Workday has limited/filter me out of internal roles.

For context, I’m not looking to debate whether I should stay with the company. I have my own reasons for wanting to pursue internal opportunities first. I’m mainly interested in whether others have observed the same hiring pattern.

Thank you for your time

Being constantly told to teach and utilise AI and clearly being told it soon will replace employees, why are employees not striking?

The nation’s largest wireless carrier will announce the cuts on Thursday morning, according to an employee who was briefed on the plans. Barron’s couldn’t verify the number of employees that would be affected.

https://www.barrons.com/articles/verizon-layoffs-73f1fc34

Front page of the online version of the WSJ at time of article publication and still there as this is being posted -- 06:01 UTC, Wed., 15 July 2026.
There is no way in he|| that AK can remain as CEO after presiding over this absolutely catastrophic devastation. No CEO can (or should) survive presiding over losing 25% of the company's value in one day.
Perhaps this will spur another company to finally make and offer to buy it.

https://www.wsj.com/tech/ai/ibm-stock-profit-warning-earnings-software-8652c06e

Shares of the corporate stalwart plunged 25% as AI purchases crowd out traditional tech spending in many companies’ budgets

By: Robbie Whelan and Heather Gillers |
July 14, 2026 5:18 pm ET

The SaaS-pocalypse has come for IBM [IBM -25.21%]. Shares fell more than 25% Tuesday, the largest one-day drop on record after the company issued a rare profit warning, citing a shift in customer spending from software to artificial-intelligence hardware and memory chips. IBM is scheduled to release its official second-quarter figures next week and could offer a preview of the toll corporate America’s AI bills might take on software spending.

The selloff in software stocks like Adobe and Salesforce earlier this year was triggered by fears that AI companies like Anthropic would enable people to easily make cheaper copies of the software-as-a-service products sold by traditional firms. However, the selloff in IBM’s shares, which wiped out $69 billion in market capitalization, is being driven by a different phenomenon: worries that new AI purchases will crowd out more traditional tech spending in company budgets.

The rapid rise of AI has made chips more expensive, which in turn has driven up prices for everything from laptops and gaming consoles to AI data-center servers. That run-up in costs has squeezed tech budgets at big institutions including banks—a core customer base for IBM—that buy an enormous amount of computing power from cloud companies to run in-house AI tools.

IBM Chief Executive Arvind Krishna said that in June, clients shifted their quarterly capital expenditures toward servers, storage and memory to secure supply-constrained infrastructure ahead of anticipated price increases.

“These conditions require our teams to execute perfectly, and this quarter we faltered,” Krishna said. “While we anticipated some supply chain-related impact in our expectations, we did not anticipate the magnitude of the capex reprioritization.”

Firms like OpenAI and Anthropic are projecting massive upticks in revenues as more companies test cutting-edge tools for a range of tasks like coding, marketing and data analysis. To pay growing computing bills to those and other AI giants, companies are likely to shave down non-AI software and hardware spending sold by traditional firms, said Gil Luria, head of technology research at D.A. Davidson.

“This earnings season is going to be strewn with companies that fall in that category,” Luria said. “They are hearing from their customers, ‘We need to make room in our budget for AI.’ ”

IBM’s challenges aren’t limited to software. Sales of the z17, the company’s flagship enterprise mainframe designed for the AI age, fell short of its expectations. IBM said it expects infrastructure revenue to fall 7%, after previously anticipating a low-single-digit decline.

Unlike other major AI infrastructure providers and large cloud companies like Nvidia, Google and Oracle, which sell chips and networking hardware and rent computing capacity from their own data centers, IBM focuses on selling hardware and software systems that corporate customers install at their own sites. The company’s customer base is heavily concentrated in financial-services firms.

IBM’s mainframe computing and consulting businesses compete directly with AI models like Claude Code, and its infrastructure business faces threats from the rising deployment of massive AI data-center clusters, which offer enterprise clients access to the computing resources they need, often at more competitive prices.

In late May, IBM announced a $5 billion cybersecurity effort with subsidiary software firm Red Hat, known as Project Lightwell, under which the two companies will deploy tens of thousands of engineers and sophisticated AI tools to help secure software supply chains for enterprise customers including Bank of America, Citi, Goldman Sachs, Visa and Morgan Stanley.

Chris Versace, chief investment officer at Tematica Research, said that IBM’s comments, paired with recent statements made by some of its major customers, including J.P. Morgan and Goldman Sachs, represented “confirmation that AI adoption and usage are rising and companies are prioritizing it to drive efficiencies and productivity.”

IBM has also invested heavily in infrastructure for quantum computing, widely regarded as the next phase of advanced processing. In June, the company announced it was launching a unit called Anderon, seeded by $1 billion from the Trump administration, which will manufacture silicon wafers for quantum-computing chips, and that it will spend $9 billion more over the next five years to develop quantum supercomputers.

The race is on to secure memory and storage chips, especially those known as DRAM and NAND flash memory, that transfer data and store information on devices. AI companies use those chips to help train and run large language models, coding agents and other tools.

The industry that makes those chips, meanwhile, which includes South Korea’s SK Hynix, Micron and Samsung Electronics, is contending with a memory crunch. The problem has already started to drive up the cost of consumer electronics, from Macs and iPads to Xboxes.

Declines for software companies like Workday, Adobe and ServiceNow were less pronounced Tuesday than IBM’s selloff, but the idea that AI spending is crowding out other parts of companies’ tech budgets rattled software stocks.

Salesforce, Workday, Adobe and ServiceNow all fell more than 5% in the first few minutes of trading before rebounding to end the day down 2.1%, 3.5%, 4.3% and 5.8%, respectively. Investor fears about software budget crowdout likely lessened upon a close read of the IBM warning, Luria said, which cited a key driver of the weakness as a shortfall in demand for the z17 mainframe. Most software companies don’t sell mainframe computers.

Does anyone have any word on EFCC layoffs? I heard they onboarded more contractors who are remote, but threaten to layoff existing remote… make it make sense.

Please be aware of this visa abuse. It is favoring H1B employees over citizens. It is silently laying off US citizens.

How realistic is it? How big? Who's safe or not?

https://breakingthenews.net/Article/Verizon-said-to-announce-job-cuts-on-Thursday/66696200

For those familiar with Centene’s restructuring, especially employees from health plans that have already lost a contract or bid:

• What happened to the health plan after it lost the bid?
• Were employees transferred to other Centene plans or departments, or were they laid off?
• How much notice did employees receive?
• Did leadership discourage employees from taking the VSP? ( I believe they did this indirectly to fulfill the remaining of the contract)
• Are VSP approvals based on staffing needs, performance, tenure, position, or another factor?
• Are major SOP and productivity changes usually a warning sign of layoffs or department consolidation?

https://www.reuters.com/world/meta-used-ai-target-workers-with-medical-conditions-layoffs-former-employees-2026-07-14/

Is this a bad dream? Verizon seems to be stuck in an awful doom loop of layoffs with absolutely no off ramp to a better future. I never thought morale could keep sinking but here we go again

COMCAST CABLE COMMUNICATIONS, LLC ranks #62 of 9,347 employers tracked on layoff notices in 2026. New titles have been slapped on old, “cut” positions in order to recruit throughout tech hubs overseas. Comcast has 6,740 LCA filings (H1-Bs/offshoring) from FY2015 through FY2026. This isn’t even all of them as more have been done. The median reported wage across these filings is $111,163. Its largest state footprint is Pennsylvania with 3,909 filings. The most common job title on its filings is Software Developers but many tech positions have been hit hard.

Apparently no unemployed, laid off or talented Americans could fill these jobs nor would they appreciate a salary of $111,000 (sarcasm).

Within a year, Kroger has been in nothing but turmoil. Kroger has had an interim CEO for much longer than an interim CEO should be in said position due to still unclear circumstances of Rodney McMullen’s quick departure. They have also had incredible amounts of senior management turnover, pushed AI so far down associates throats they cannot even do their job description without someone on senior leadership telling them to have AI do it (effectively to build a repository of prompts so AI can replace jobs), and now this KCC in India that will outsource jobs from Americans all under the beginning state guise of “helping” associates.

Company wide layoffs affecting every facet of the business, RTO mandates for those who are not in power (VP’s and above are nowhere to be seen in the office), and now the fear that within a year your position will be replaced by someone overseas while the CEO gets to tout a $12 million compensation package. How are associates and shareholders supposed to be confident in the future of this business? Not to mention protestors in stores, outside offices, etc. so on top of all this you get to start and finish your day with being harassed because of Kroger senior management’s (common) approach of promising and then reversing decisions. Couldn’t imagine how associates feel.

If this company was not in such an essential industry, this management style built on lies, under delivering, and top down management sprinkled in with a psychologically unsafe work environment would almost certainly land it in financial turmoil. But I guess this all kicked off because of Publix stepping on Kroger’s heels… this response is going down the exact opposite direction.

And I bet Kroger will still market themselves as “your friendly neighborhood Kroger”, with all of the marking materials created by someone thousands of miles away. So disappointed in this company.

https://www.barrons.com/articles/verizon-layoffs-73f1fc34

"The nation’s largest wireless carrier will announce the cuts on Thursday morning, according to an employee who was briefed on the plans. Barron’s couldn’t verify the number of employees that would be affected."

In addition to the rolling layoffs we've seen in marketing and sales I can confirm that additional layoffs have hit roles in project management and engineering. Naturally this will never be addressed, but it would be nice to know when this can be expected to subside. Extremely disappointing approach from leadership and such a departure from the transparency of the founders and subsequent leaders.