#layoffs

Hey Leadership!!

Check it out… laid off employees typically want nothing to do with the company that laid them off after they leave.

Guess what else? When their families and friends hear about it, they often don't want anything to do with that company either!!

What a concept! I know if I leave. I am taking my many, many lines and going straight to TMO.

Word of mouth is coming back to haunt these id--ts. Investors take note!

If you are not in Plano already you are toast. The direction from leadership couldn’t be more clear. The important jobs will be here at our new headquarters. Other locations will be phased out in short order. The city of Plano has even provided us incentives to hit certain headcount targets at the new headquarters.

Looks like another round of layoffs recently based on the open to work posts on LinkedIn. Anyone know how many?

Ford just interested in cutting high wage employees, shipping work outside of country and hiring H1B's...

Why purchase a non American product?

Yahoo Finance.

https://finance.yahoo.com/markets/stocks/articles/vz-stock-slips-verizon-reportedly-190131210.html

Lie your a-s off about why you can't be working Thursday:
Your throat is raw, you lost your voice, you are sick.
Someone close to you died.
Dropped your phone and lost all of your contact numbers.
Etc..

Terrible things have been done throughout history by "regular" people at the direction of those "above" them. Don't be one of those people. Stand up, find another job, whatever you need to do to keep some modicum of self respect and respect for your fellow human.

Another Layoff going on today at BMC Helix. Is there anyone left working there.

Emerson Automation Solutions will close its Charlottesville facility by year-end, resulting in the layoff of 139 employees. The company cited business economics as the reason for the closure. Employees have been notified and will receive a severance plan based on their tenure. This marks the second wave of layoffs for the company in the area. The facility manufactures automation equipment and software.

Charlottesville, Virginia

https://communityengagement.substack.com/p/tuesday-july-14-2026-emerson-automated

Thomson Reuters is planning to reduce its workforce by up to 500 engineering positions. This move affects approximately 5.2% of its operations and technology unit employees. The company is increasing its use of artificial intelligence across its various business segments. A spokesperson stated that affected employees are being supported during this transition. Thomson Reuters also anticipates hiring over 250 net-new engineering roles globally in the next two years.

Toronto, Ontario

https://seekingalpha.com/news/4613381-thomson-reuters-to-cut-up-to-500-engineering-roles

Sounds like Evanko wants to start his tenure off with a layoff this Thursday. Good luck!

https://stocktwits.com/news-articles/markets/equity/verizon-plans-new-round-of-layoffs/cZZREorR7q8

A law firm is investigating Carlex Glass America for a potential violation of the WARN Act. The company recently conducted a mass layoff of 325 employees in Vonore, Tennessee. This federal law requires employers to provide 60 days' notice before such actions. The investigation will determine if Carlex provided adequate notice to affected workers. Employees may be entitled to severance pay and benefits if the notice period was insufficient.

Vonore, Tennessee

https://straussborrelli.com/2026/07/13/carlex-glass-america-warn-act-investigation/

Several companies in the logistics and trucking industries are experiencing significant financial difficulties. Fusion Transport LLC is laying off 79 workers at its New Jersey facility. Multiple other transportation and logistics firms have recently filed for bankruptcy protection. These filings include Jackson and Son Hauling LLC, Victory Freight Corp., IPS Express Logistics Inc., and Talon Logistics Inc. The widespread financial strain affects various segments of the freight economy.

New Jersey, North Carolina, Illinois, California, Virginia

https://www.indexbox.io/blog/logistics-and-trucking-companies-cut-jobs-file-for-bankruptcy-in-july-2026/

Layoffs and firings throughout majority of sites today. My team was affected, and multiple people at my site were affected. No confirmation on amount let go yet.

I’ve seen so many people post on LinkedIn today that this is their last day at Cisco. Very similar to when I was laid off as It’s all about cost nothing to do with refocusing on AI. Everyone who looks to be impacted was 20+ years there so high dollar resources. They managed to throw in a few younger people to avoid the lawsuit.

Two established cybersecurity companies, Rapid7 and Snyk, have recently implemented job cuts as they navigate the evolving threat landscape. These reductions come as both organizations welcome new leadership focused on adapting to the rise of artificial intelligence. The industry faces pressure from AI-powered threats and the need to integrate AI for operational efficiency. Newer, AI-native competitors are emerging, challenging established players to innovate. These layoffs reflect a broader industry trend of adapting to technological advancements and market pressures.

Boston, MA

https://www.bostonglobe.com/2026/07/14/business/rapid7-layoffs-snyk-cybersecurity-jobs/

Carlex will permanently lay off 325 employees in Tennessee. The company filed a WARN notice with the state labor department. These layoffs are scheduled to begin on September 7, 2026. Employees affected are part of a collective bargaining agreement and have no bumping rights. The rapid response team will assist those impacted by the job reductions.

Vonore, Tennessee

https://fox17.com/news/local/over-300-employees-to-be-impacted-by-permanent-layoffs-at-carlex

Bakersfield nurses are planning an informational picket to protest proposed layoffs at Dignity Health hospitals. They argue these reductions will jeopardize patient care and safety. The nurses are demanding that CommonSpirit Health rescind all layoff notices. They also want to collaborate on ensuring adequate staffing levels based on patient needs. These proposed cuts follow the recent closure of a burn unit at Bakersfield Memorial Hospital.

Bakersfield, California

https://www.nationalnursesunited.org/press/bakersfield-nurses-to-hold-informational-picket-over-proposed-layoffs

Verizon is preparing to implement another round of job cuts this week as part of its ongoing cost-saving initiatives. The telecommunications giant aims to reduce expenses under the leadership of its new CEO, Daniel Schulman. These layoffs follow previous reductions in November and May, with the company having previously announced a goal of $5 billion in operating expense savings for 2026. CEO Schulman has emphasized that these measures are necessary to reinvest in the company's value proposition and address declining customer satisfaction. The company's stock has seen a modest increase this year, but it continues to trail the broader S&P 500 index.

New York, NY

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

In past layoffs, does anyone come to you with a list of names and you give your feedback on who you can let go? Do they look to performance reviews? Something I was informed of led me to believe that feed back from PL will be applied in this layoff.

Why is it that every time there are layoffs, they always target the people who actually do the work instead of the ones who don't contribute anything? It's no surprise the company is in worse shape every year.

Every day more work gets added and there's never enough time. If I'm going to be this burned out, I might as well find a place that pays better.

I'm wondering when we'll shift back to growing the business instead of just cutting people. I know the answer is probably "never," but a guy can hope.

I worked for MBP, including weekends when required. However, I received a sudden call from the TPO team and was informed that my role was being made redundant. I was laid off recently.

We have managers who have no idea what they're doing yet they insist on micromanaging every step of our work. You can just imagine how well that works out. To say it's counterproductive would be an understatement. Lay off all the useless managers and see productivity skyrocket.

Ouch. I am fairly sure Fiserv still retains the largest build out for IBM.

Cost of HSI is more than the revenue it generates. 3% HSI customers occupies more than 50% of network capacity.
Hence more layoffs to reduce overall costs.
Stock price stays high bcoz the volume is low average daily is less than 1/10th volume of Verizon or AT&T.
Markets are getting tricked but will this continue?

https://abc11.com/post/frito-lay-close-raleigh-warehouse-off-70-workers/19502599/

This will be a giant black (or brown in his case. . .) mark on the AK regime. Thankfully, there's no way they can keep AK in-charge for much longer after this historical disaster.

https://www.wsj.com/finance/stocks/ibm-shares-sink-18-on-earnings-warning-d115d564

Weakness in infrastructure arm was worse than anticipated, as clients shifted spending to hardware and memory

By: Robbie Whelan and Robb M. Stewart |
Updated July 14, 2026 10:52 am ET

International Business Machines shares sank as much as 25% in morning trading after the company issued a profit warning citing a shift in customer spending from software to AI hardware and memory chips.

IBM said the performance of its software and infrastructure business fell short of expectations in the second quarter, and the company didn’t react quickly enough to changing market conditions. Tuesday’s share decline was the largest intraday percentage decrease for the company on record.

Chief Executive Arvind Krishna said in a letter to investors that the weakness in IBM’s infrastructure arm was worse than anticipated, driven by a shortfall in demand for the z17, the company’s flagship enterprise mainframe designed for the artificial intelligence age. The company expects infrastructure revenue to fall 7%, after previously anticipating a low-single-digit decline.

The rapid rise of AI caught makers of memory chips, especially the building blocks of high-bandwidth memory known as DRAM and the short-term flash memory known as NAND, off guard. That led to a capacity crunch that has pushed up prices on a wide variety of products—from laptops and gaming consoles to AI data-center servers—as much as 20% to 40% over a short period of time.

Big enterprise customers like banks—a core customer base for IBM—are particularly susceptible to fluctuations in chip prices because they buy an enormous amount of computing power from cloud companies to run in-house tools.

Consumer-facing companies are also feeling the crunch. Apple CEO Tim Cook recently said price increases for its devices, including the iPhone, were unavoidable. “There’s less supply at a time when consumers want devices and the memory guys are passing along huge price increases,” Cook told The Wall Street Journal in an exclusive interview.

IBM said it plans to report revenue of $17.2 billion and adjusted earnings of $2.93 a share for the June quarter. Both figures are short of analysts’ expectations of $17.9 billion and $3.01 a share.

Its pretax income margin is expected to have contracted 90 basis points, to 14.4%.

IBM is scheduled to release its official second-quarter figures next week.

Krishna said that in the past few weeks of June, clients shifted their quarterly capital expenditures toward servers, storage and memory to secure supply-constrained infrastructure ahead of anticipated price increases.

“While we anticipated some supply chain-related impact in our expectations, we did not anticipate the magnitude of the capex reprioritization,” Krishna said.

“These conditions require our teams to execute perfectly, and this quarter we faltered,” Krishna said. He explained that IBM didn’t adapt and move quickly enough, and a number of large deals failed to close on the timelines expected.

“IBM got hit with a triple whammy,” Emarketer analyst Jacob Bourne said in a note to clients Tuesday. “The AI buildout is concentrating capex in hardware like memory chips and diverting spend from software and services. Markets are going to punish legacy players showing signs of losing ground in the AI race.”

Bourne predicted that as more customers shift away from software as a service to more enterprise AI, investors could see more quarters like this one: “But I think it’s a disruption story, not necessarily an extinction one for legacy software companies. Spending patterns will shift from the present focus, and the vendors that adapt their products to the changing market will stay competitive.”

Majority of the Band 5 are impacted. Brace for more than 50% impact on the rest of the group.

Just got word Thursday is a go, however my leader had no word who's impacted. I'm in CP on the retail side. Good luck and may the odds forever be in your favor 🤞

I've seen people starting to relax because they think the layoffs are winding down. That's a mistake. If you look at what's actually happening, it's pretty clear that we're not done yet. Anyone who thinks we're close to the end is going to be very surprised.

It's pretty obvious that Ramon and his team have no clue what they are doing. It's only a matter of time before the company is broken up. Frito can probably be sold off to either Dow Chemical or DuPont since they are all Chemical companies.

Heads up

3M leadership, listen up. You’ve let go most of the experienced, knowledgeable employees who built this company, stripping away decades of institutional know-how. You’re bringing in outsiders for top leadership roles while longtime insiders get pushed aside. And “Everyday Excellence” looks a lot like a system designed to weed out the overworked people still carrying the load after all the layoffs. On top of that, the new CEO is sitting with weak employee approval ratings around 47%.
If you don’t change course quickly, the risks are real and severe. Innovation will dry up without the people who actually know how to create and solve tough problems. Top talent will keep walking out the door, leaving a hollow operation behind. Quality will slip, mistakes will multiply, and liabilities will grow even worse. Culture and morale are already tanking, which ki-ls execution. Competitors who keep their edge will start eating your lunch in key markets. Short-term margins might look fine for now, but the long-term damage to performance, reputation, and shareholder value will be brutal.
Time to stop the bleeding. Respect the experience that built 3M, fix the disconnect with your people, and make real changes before it’s too late.​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​

Seems like yes layoffs are coming at some point based on what Lanell is saying. A lot of language around "roles shifting" and that "decisions will be made as we learn more"

Between that and AI this company is really trying it's absolute hardest to run itself into the ground.

It's stunning to see longtime employees, people who dedicated their careers here, get pushed out with no consideration. And now there's so much more to come. What happened to this place?

I learned the hard way that leaving wasn't the solution I thought it would be. I ended up in the same mess but without the seniority I'd built up. Make sure you truly know what you're leaving for before you jump ship, is all I'm saying.

I keep hearing that future severance packages might get cut. Is that actually likely? The current terms seem reasonable to me.