#layoffs

Management only seems to know how to cut costs. They can't grow the business, so they just keep trimming people. But that approach is making the innovation problem even worse, which brings us back to square one. They're stuck in a pattern they can't seem to escape.

I'm on edge about whether there will be cuts this week. I wouldn't put it past them to do it just after the holiday.

I keep seeing people expect this to be over soon and that things will go back to normal. It's hard not to pity them. Normal is so far behind us it's barely a dot on the horizon anymore. There's no "over soon." This horror is the new normal.

I see people on this board agreeing about how bad things are, but in real life I work with people who don't seem to care. Nobody seems too worried about layoffs, the secrecy, or the eroding culture. How can anyone not be angry about this?

This was said by other people as well, but I have to reiterate. We've lost so many people that the rest of us are drowning. We can't lose anymore. Unless their goal is to get all of us to quit. In that case, job well done.

Today I got an email of a mandatory meeting, there is a new partnership for customer service, and if you check the news it's Hexaware, which is a company that is known for replacing staff for AI. I'm not surprised due to hiring issues but makes sense why no one has been replaced yet.

I've been trying to stay on top of what's happening but I haven't seen anything concrete. Does anyone have any updates on the current layoff situation?

A company built on innovation cannot thrive without top talent. High turnover, burnout, and disengagement will erode creativity, slow new product pipelines, and weaken competitiveness—ultimately damaging long-term growth, reputation, and shareholder value.​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​

Cencora's layoffs should be a national story—not because layoffs are unusual, but because of the contrast between how employees and executives are being treated.

While employees who spent years, and in many cases decades, helping build this company are losing their livelihoods, the CEO's compensation was reported at approximately $18 million. Senior executives and vice presidents continue to earn enormous salaries and bonuses while rank-and-file employees are told that cuts are necessary.

Companies often speak about culture, values, and putting people first. Those words ring hollow when workers are shown the door while leadership continues to be rewarded at extraordinary levels. If the company truly believed that everyone should share in both success and hardship, the sacrifices would not fall almost exclusively on employees.

Other companies, such as IKEA, have built reputations for investing in their workforce and treating employees as long-term assets rather than costs to be reduced. Cencora appears to be moving in the opposite direction.

The message being sent is clear: when times are good, executives receive the rewards; when cost reductions are needed, employees absorb the consequences. Many of the people being laid off dedicated years of service to this company. They deserved better than to be treated as expendable while executive compensation continues to soar.

Bumped from @ez+1kvmc88bw for being on point.

I know that asking when the next round will happen is probably pointless because nobody really knows, nut I can never stop myself. It used to be that layoffs were rare events, but now they feel like a regular occurrence. That's not acceptable and I refuse to pretend it is.

I wish all the layoffs would happen tomorrow, just so we could move on, one way or another.

Get out while u can! It’s becoming a sheet show. Top heavy on manegment side.
Longtimers? They will cut u & replace you for half your $pay. No remorse on the Ikon side. Sheep.

I keep hearing about more layoffs coming. I know it might be nothing, but I'd rather get my resume ready and be smart about things just in case.

Will there be even more cuts?

https://www.reuters.com/business/world-at-work/volkswagen-ceo-faces-acid-test-unions-over-swingeing-job-cut-plans-2026-07-06/

I've been looking at how much my team has shrunk over the past year and it's pretty alarming. Some of that was layoffs, but a lot of it was people simply choosing to leave. I'm wondering if other teams are seeing the same thing or if it's just us.

I do. I can't believe how much things have changed in the 12 years since I joined.

I think they've been waiting for the layoffs at Xbox to start so they can start using social media again after the no physical discs announcement. This whole situation would be fu--ing hilarious if it weren't so damn sad.

Amanda Garcia-Snell, a top Portland official, resigned with a severance package. She received over $91,000 and six months of health insurance. Garcia-Snell is the sixth agency director to leave with a payout in the last year. Total severance costs for these six leaders now exceed $1 million. The city has a long-standing policy for such generous payouts.

Portland, Oregon

https://www.oregonlive.com/politics/2026/06/portland-pays-another-top-official-to-resign-as-costs-of-recent-severances-surpass-1m.html

Am I the only one getting nervous over the fact that we're still without layoffs? It's starting to feel like the calm before the storm - and the kind of storm that will be remembered for a long while. I hope I'm just being paranoid.

https://finance.yahoo.com/technology/ai/articles/sap-freezes-hiring-travel-fund-134122456.html

An article recently published.

"SAP freezes hiring and travel to fund ’significant’ AI push - Reports"

The spending reorientation is paired with a sweeping leadership reorganization. CEO Christian Klein has personally assumed control of AI product development under a program called "Project Fuji," absorbing the responsibilities of departing board member Muhammad Alam rather than immediately naming a replacement. Chief Operating Officer Sebastian Steinhäuser has taken over Industrial AI. SAP confirmed the logic in a statement to CIO.com: "SAP is evolving its organization to accelerate its transformation toward an AI-driven Autonomous Enterprise. The new structure brings AI, data, and core applications closer together, enabling more integrated, end-to-end solutions built on SAP's unique process expertise."

"This is the second major reorganization in 2026. A March restructuring created the "Customer Value Group," and a May update established dedicated "Business AI Platform" and "Autonomous Suite" units reporting directly to Klein. The pace of internal change reflects how seriously the company is treating the pivot, and how much investor patience has frayed as the stock has slid more than 26% below its 200-day moving average of €182.43."

"Klein has been blunt about what the transformation means for the workforce. "I'm not sure if here someone in two or three years will still code software," he told The New York Times on Thursday. "I don't expect to operate with a smaller work force, but with a very, very different work force." SAP shed roughly 3,000 jobs in a 2023 restructuring and then launched a €2 billion cost program in early 2024 affecting 8,000 positions, yet has since added more than 3,500 net new roles, many of them customer-facing "forward-deployed engineers" working on AI solutions.

At SAP Sapphire in May 2026, Klein unveiled the "Autonomous Suite," rebranding the full cloud ERP stack around agentic AI, and confirmed a shift to consumption-based pricing measured in "AI Units", a significant structural departure from traditional per-user SaaS billing that could alter revenue predictability. How enterprise customers and analysts model that transition is one of the most consequential open questions heading into results."

Given this restructuring and headcount reduction info, which areas will be most prone to a mass layoff?

Hearing rumblings.

Can we at least agree on that?

I'm almost hoping I get cut while the package is still decent. I've heard stories about companies giving almost nothing. Could that happen here?

I keep asking myself that same question over and over again. Why do we bother? People work so hard, they sacrifice so much, and what do they get in return? They get treated like they don't matter, walked all over, and eventually discarded. The people who actually care about this place, the ones who genuinely give a damn, they're all leaving. And who can blame them? There's no point anymore.

Pennsylvania House Bill 2189 aims to increase the state's minimum wage. The bill passed the House but remains stalled in the State Senate. Pennsylvania's minimum wage has been $7.25 per hour since 2006. The proposed legislation would raise it to $11 in 2027, $13 in 2028, and $15 in 2029. Opponents fear the increase would cause layoffs and harm small businesses.

https://www.cbsnews.com/pittsburgh/news/pennsylvania-minimum-wage-increase-house-bill-2189/

I despise it. And to think there was a time when I liked my job and I was proud to be working here. They've completely destroyed a once great company to the point that most employees are looking for a way out. I never thought I'd be the one saying it, but I truly hate this place.

I got out and my life changed overnight. You have no idea how much of your anxiety is caused by this place until you leave.

Is that still in effect?

Will there be cuts?

Central Admixture Pharmacy Services will begin layoffs. These layoffs are scheduled for August. The company is closing its Phoenix facility. This action affects its 503B sterile compounding business. The company is exiting this specific business segment.

Phoenix, Arizona

https://www.bizjournals.com/phoenix/news/2026/06/30/central-admixture-pharmacy-services-layoff-116.html

https://www.inc.com/amaya-nichole/nike-closing-stores-studios-offices-complete-list-for-2026/91367969

I'm thinking we won't see more cuts until next year. Anyone else have thoughts on timing?

Oregon's registered nurses receive the nation's top hourly pay when adjusted for living costs. Asante and the Oregon Nurses Association are currently engaged in contract negotiations. Nurses express unease due to past economic uncertainties and recent layoffs. The union's bargaining chair states trust has significantly eroded with Asante's administration. This lack of trust complicates negotiations and problem-solving efforts.

Medford, Oregon

https://kobi5.com/news/top-stories/trust-important-in-asante-nurses-union-contract-talks-310424/

Yes, there will be layoffs but no material planning has started. The metric which is bugging the ELT is that Seagate's opex is about $100M less per quarter than WD. They have structural advantages such as operating in N. Ireland and MN but nonetheless, WD will cut staff to try to match them.

Any new info?

Microsoft (MSFT) recently disclosed that it is parting ways with up to 2.5% of its workforce. Sometimes companies conduct layoffs because their outlooks have deteriorated, but it's unlikely that Microsoft is cutting employees because it is struggling.

https://finance.yahoo.com/markets/stocks/articles/microsoft-stock-outlook-remains-upbeat-221454081.html

Central Oregon school districts are implementing significant budget reductions for the 2026-27 school year. These cuts stem from declining enrollment, rising costs, and reduced state and federal funding. Bend-La Pine cut $7 million, Redmond $3.5 million, and Jefferson County $2 million. Despite these large cuts, no staff layoffs occurred across the districts. Positions were eliminated through attrition and staff reassignments, though class sizes may increase.

https://www.centraloregondaily.com/news/local/central-oregon-school-districts-budget-cuts-2026-27/article_642448af-9db5-41c5-93e9-10fde1ffb792.html

Intel announced plans to reduce its workforce to 75,000 by year-end. This represents a 31% reduction from 108,900 employees at the end of last year. The company previously aimed to cut annual operating expenses to $17 billion. CEO Lip-Bu Tan acknowledged these difficult but necessary streamlining decisions. Intel also reported a $2.9 billion net loss in its second quarter due to restructuring.

https://www.msn.com/en-in/money/topstories/intel-layoffs-intel-expects-workforce-to-shrink-by-25000/ar-AA1JfDmi?apiversion=v2&domshim=1&noservercache=1&noservertelemetry=1&batchservertelemetry=1&renderwebcomponents=1&wcseo=1

The Genentech Research and Early Development are among the affected groups. This is not a great time to be laid off, so I wish all the best to all the affected folks. I think management has become too trigger-happy when it comes to layoffs and we'll be seeing much more of this before the end of the year.

But knowing how many of our jobs are being offshored - and not just at HCSC - it's a bit hard to feel all that patriotic.