#layoffs

We have been informed today that OB team located in Abu Dhabi is being moved to another hub so we all are let go :(

https://www.azcentral.com/story/money/business/jobs/2026/07/01/lucid-fedex-arizona-mass-layoffs-june-2026/90742044007/

So what exactly is going on big giant Eisp for all then for some.Then no Eisp everyone does everyone’s job.Now it’s entire groups titles get surpluses so they can eliminate your title and if you don’t go you become a universal tech.Sorry but they purposely wrote the contract in languages no one would understand with fine printer can’t see possibly invisible!!And I vote No every time to extensions for this reason you can’t tell who sold you out .One giant secret as always the Union can at any time spill some beans but nope fk this place .This prison sentences I committed myself to is almost over

Nike is undergoing a significant business restructuring. The company has ceased operations at its Fitness Studios. It consolidated tech offices, affecting around 1,400 employees. Nike also closed its prominent New York City retail location. These changes reflect a shift towards wholesale partnerships and away from its prior direct-to-consumer model.

https://www.thestreet.com/retail/nike-closes-stores-studios-and-its-flagship-location

Now they are a cloud company? HAHAHHAHAHAHHA! Who the heck would trust those momo's with enterprise workloads.

https://www.marketwatch.com/story/is-meta-giving-up-on-cutting-edge-ai-wall-street-is-divided-over-potential-cloud-pivot-7c5ffc5d

Sales got hit, rest of company will survive unscathed

It's over folks , rest easy

This extension isn't for you, this mass exodus just didn't fit their timeline. My guess is there will be a lot of rah-rah bullsh-t next week, and guilt tripping.

Do what's best for you, not the shareholders. Project Simplify isn't over, they just want you to forget about it right now.

Congo Brands is reducing its workforce. The company will cut 28 positions. These job reductions are at its Louisville headquarters. Business changes were cited as the reason for the layoffs. This action follows Celsius Holdings' acquisition of Alani Nu.

Louisville

https://www.bizjournals.com/louisville/news/2026/07/01/congo-brands-warn-notice.html

Amazon Web Services (AWS) employees were impacted by a large layoff round in early 2026. Amazon cut 16,000 corporate jobs, affecting AWS staff in the U.S. and Canada. Despite these reductions, AWS made significant advancements in artificial intelligence. The company secured major deals with Anthropic and OpenAI, investing billions in AI infrastructure. AWS also launched numerous new AI products and partner incentives this year.

Seattle, Washington

https://www.crn.com/news/cloud/2026/top-10-aws-news-stories-of-2026-openai-layoffs-and-ai-innovation

how can pals hold each other accountable? they cant. so the consultants who keep hiring their buddies to make a "strategy team" paid 3x what managers are paid can do whatever, rif whoever, and answer to no one with smirks and sarcasm. not new...like last cmo who brought in 4 MD leader pals from caremore. Its gross and cold. Remember yesterdays rifs pay for the next exec.

Ideal US Talent Systems Worker OpCo LLC laid off 776 employees in Virginia. These job cuts took effect on Wednesday, July 1. All affected individuals were gig workers averaging 3.6 hours weekly. The company is transitioning its customer contracts to a third-party partner. This firm also announced nearly 10,000 national layoffs.

Virginia

https://patch.com/virginia/across-va/massive-layoffs-va-take-effect-july-1-job-losses-climb

Associated Press plans to establish a new production hub in India. Executive Editor Julie Pace confirmed this move will likely lead to additional layoffs. The hub aims to scale both video and photo capabilities globally. This initiative is set to impact current U.S.-based production staff. AP previously laid off 20 U.S. journalists and offered buyouts earlier this year.

https://www.thewrap.com/media-platforms/journalism/ap-defends-layoffs-india-production-hub/

iHeartMedia has initiated widespread layoffs. These cuts impact its Columbus, Ohio, radio stations. Longtime hosts Chris Davis and Joe Kelly are departing. The company plans a new $50 million cost savings program. iHeartMedia also aims to scale its technology capabilities.

Columbus, Ohio

https://www.dispatch.com/story/entertainment/2026/07/01/columbus-radio-stations-iheartmedia-staff-layoffs/90755892007/

Jersey City Mayor James Solomon lowered a proposed property tax increase. The hike is now 15%, down from an initial 20%. Solomon warns that no increase would cause mass city layoffs. The city faces a $255 million budget deficit. City Council members will vote on the revised proposal soon.

Jersey City, New Jersey

https://www.cbsnews.com/newyork/news/jersey-city-property-tax-increase-james-solomon/

Ramp conducted a new study on AI adoption. The research focused on companies' spending habits. It revealed that high AI investment leads to more hiring. Companies are expanding their workforces, not reducing them. This finding challenges the perception of AI causing job cuts.

https://www.realclearmarkets.com/2026/07/02/ai_adoption_linked_to_more_hiring_not_layoffs_1192104.html

The Pioneer Valley region is experiencing multiple corporate layoffs impacting hundreds of workers. Coca-Cola laid off 175 employees in Northampton, with departures scheduled through November. Smithfield Packaged Meats Corp. cut 190 jobs at its Springfield plant, with some workers leaving by September. Innovative Care Partners released 70 staff members across three locations after losing significant funding. The MassHire Rapid Response team is actively providing support services to these affected individuals. The state has applied for a National Dislocated Worker Grant to help fund these assistance programs.

Springfield, MA

https://www.yahoo.com/news/us/articles/rash-layoffs-masshire-rapid-response-012924192.html

Samsung SDS America plans to cut 179 jobs. These positions are at its Ridgefield Park, New Jersey headquarters. The job reductions are set to begin on October 1. This move is connected to Samsung Electronics America vacating the campus. Samsung Electronics America is relocating its U.S. headquarters to Plano, Texas.

Ridgefield Park, New Jersey

https://www.nj.com/business/2026/07/tech-giant-to-lay-off-179-nj-workers-ahead-of-move-to-texas.html

WF had several major waves in July of recent years (considering the 60-day notice leading up to the 9/30 bonus eligibility date). Any inside scoop on the upcoming 7/7 and 7/21 layoffs? Anything different this year or it's just business as usual?

Cape Fear Valley Health announced workforce reductions this week. Approximately 200 positions are being eliminated. This includes 138 currently filled jobs. Declining federal reimbursements and rising healthcare costs drove the decision. The health system aims for long-term financial stability.

https://www.wral.com/news/local/cape-fear-valley-health-cuts-200-positions-july-2026/

The NBA eliminated dozens of jobs this week. This action reallocates resources toward key growth areas. These areas include NBA Europe and the local TV business. The league plans to make new strategic hires in these sectors. Impacted employees will receive severance and transition support.

https://www.sportsbusinessjournal.com/Articles/2026/07/01/nba-lays-off-dozens-as-it-shifts-focus-to-nba-europe-local-tv/

Researchers introduced new monthly data series for labor market separations. These series classify separations by reason and destination. The standard labor market model shows significant inaccuracies when confronted with this data. A revised model incorporating selective layoffs and random quits corrects these issues. This new framework alters the understanding of recessions and their welfare costs.

https://www.minneapolisfed.org/research/institute-working-papers/what-quits-and-layoffs-reveal-about-the-business-cycle

AFSCME members rallied against layoffs at Maryland public universities. They protested outside the University System of Maryland Board of Regents meeting in Baltimore. The University of Maryland-College Park announced 73 layoffs. Bowie State University also issued 21 layoff notices. AFSCME members demand the university system honor their contract for wage increases.

Baltimore, Maryland

https://afscme.org/blog/afscme-members-rally-against-largest-layoffs-in-recent-years-at-2-universities/

Hotel Boulderado workers are organizing to form a union. This effort follows layoffs, reduced hours, and increased workloads. These changes occurred after AJ Capital Partners bought the hotel in March 2025. Approximately two dozen employees have lost their jobs since the acquisition. Workers cite concerns about job security and declining service quality.

Boulder, Colorado

https://boulderreportinglab.org/2026/07/01/hotel-boulderado-workers-launch-union-drive-citing-layoffs-and-cuts-under-new-ownership/

Most of the people I know are 40 or above, and just a few in their 30s. That doesn't sit right with me.

NetApp’s financial performance is much better than past years. Will they be generous to pay bonus to laid off people? If anyone gets it, please share

Enrique = 44%

Plenty of layoff CEOs out there and their numbers aren’t this low.

Had a “business update” meeting. Gave essentially no information, saying layoff coming but not saying who or when. Just to expect trainings with offshore. This was weird as it involved a few different teams and they suggested that some teams will have little to no impact. Seems off that we are getting an earlier notification instead of just the one call with a definitive timeline. Why would they even tell us? I’ve heard before of departments training replacements but being told it was for additional workforce. Are they sensing that that wouldnt fly today?

Heard the Lake Mary, FL office will be hit hard with the upcoming 7/16 layoffs

but what is your guess as to the actual number of management employees gone and what percent L1&2 vs. L3&L4?

Real information or solid estimates only please. If an enformed rumor from trusted individual thats OK.

So will there be any rifs tomorrow or do we need to wait until 7/16?

AT&T's stock price has decreased more than 29% in the past year. Will this force more layoffs? How can investors not know how badly managed AT&T is?

what a joke, she blames a fast-changing "AI-first world" and the need to "invest in high-return opportunities" for wiping out 700+ jobs, but she forgot to mention who those high returns are actually for.

Just two months ago, CDW’s board authorized a massive $1 BILLION stock buyback expansion and approved yet another heavy cash dividend... all to artificially prop up the stock price for Wall Street (which didn't even work. The company has plenty of capital; they are just choosing to sacrifice the employees who "got them here" to protect corporate profit margins so don't fall for their "aw shucks" Tiny Tim act.

To top it off, while she claims these decisions are "never taken lightly," there isn't a single SEC filing showing that she or any other C-suite executive took a penny of a pay cut (yes, this is all public information). Chris Leahy’s $15 million compensation package (an increase of 20% from the previous year, mind you) remains completely untouched while we get to take 100% of the hit.

They had stated that in the first quarter of year 2026 they would be done with all of the layoffs and this was not the case at all. I was in inside sale department and was laid off after they has stated that they were done with layoffs. The positive side of things is they were considerate enough to offer a severance package which I was very pleased to know that I would be receiving this. It was still a boomer knowing that I would be laid off after 2 years with the company.

Brace yourselves. This is not a ‘cry wolf’ troll. Do what you must. Any personal data, things you will need for your next job search, any previous prep /notes etc…now is a good time.
CoBRA match has not happened yet. It’s been over a month since June cohort. Heads up.

Does anyone else feel like Centene is shifting its narrative internally? The recent Townhall seemed to downplay the Voluntary Separation Program (VSP)—almost like it’s no big deal. Now, we receive an email suggesting we should only proceed if we genuinely want to and offering a chance to retract our acceptance. What’s going on here? I’m really confused. This adds to the uncertainty, especially with the ongoing discussions about impending layoffs and restructuring. It feels incredibly contradictory.

Most of the people think the delay is because too many people accepted the offer, but what if it's the opposite? What if they need the extra time to decide how to handle involuntary layoffs? Or am I just being paranoid?

I think they f*cked around and found out that a large majority of their workforce applied for the VSP lmaooooooo.

I could be wrong, but if they would just tell us the PERCENTAGE of the workforce being laid off, we wouldn’t be in this mess.

“this program is intended”… f*ck intentions at this point. “if you want to leave Centene”… I had no plans to leave Centene, but here I am with an application to BOUNCE!

these cost savings will not go to promotions and raises that are well deserved. it is CRYSTAL CLEAR work loads will increase.

absolutely not.

Interesting timing considering next Tuesday is the first Tuesday of Q3, and it's well-known that WF is making a significant IT cut in Q3. There's a mad push to document every manual process in Jira so it can be turned into an agentic workflow.

May the odds be ever in our favor, my fellow employees.

Now if I get let I can’t say I EOId the economy is in tatters. Oil and gas job market is dead and what do I have to show for it. Some reinvent shares. I’ve got 25 years more to still work

What will happen in FY27?