#layoffs

As a PL I have to say from Director to front line we are all in the same boat. If you accept the VSP you may or may not get it. If you dont you will either be retained as a business need or next round of non Vsp layoffs with severance benefits but not on the same level as VSP offer. Business need based on contractual expectations so take that into account in your own analysis. Plan accordingly and know that Corp will do what is right for the bottom line and not you but that is business. Give yourself some grace as well as your PL as we all navigate our individual decision (unless they have been a true micromanager). Also be kind, there are some arguments on this forum and there is no reason for that. Remember as Yoda says "fear is the pathway to the darkness"

Read between the lines, my love. The following is from a LinkedIn post:

Take the severance.
Take the buyout.
Take the "early exit" package.
Take the separation package.
Take the termination package.
When your employer starts offering them, pay attention.
Because these programs are rarely about generosity.
They're usually the corporate version of smoke in the kitchen.
A re-org is coming.
A sale is coming.
An acquisition is coming.
Layoffs are coming.
Or somebody in a conference room has decided payroll needs to lose a little weight.
Earlier this year, I had a client turn down an early retirement package because he loved his job and thought the company loved him back.
"There's no way they're going to let me go."
They did.
Four months later.

The package he turned down included
1 full year of severance
6 months of COBRA
50% of his expected annual bonus

What did he get when the layoff finally came?
6 weeks of pay.
No bonus.
No extra health coverage.

That's a brutal difference.
I know people don't want to believe the company they've given years to might be setting the stage to cut them loose.
But loyalty does not protect you. Ever.
If a company starts offering buyouts, early retirement packages, or voluntary separation deals, do not just focus on whether you want to leave.
Ask yourself why they want people to leave now.
Because not taking the offer can be like assuming the gift horse isn't about to turn around and kick you square in the a-s.

Heard that latoffs hit the Augusta office today in Comp Services. Waiting for confirmation.

Why are they making us write the mid year reviews when layoffs are imminent in next 3 weeks?

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?

I don't know whether my team will be cut in June, October, or sometime in between. We've lost so many customers who chose not to renew their contracts for our products. A lot of that seems tied to the fallout after the CHC attack, but honestly many customers were already unhappy with the level of service as more operations shifted offshore.

For those of you who have already moved on, are there any large healthcare organizations you'd recommend looking into?

Do they justify sending 1000 Advisors to Nashville along with Regional Support Clowns, “National” sales people and Market Leaders who can’t do their job? Yet they are letting people go to save money. That Nashville soirée cost at least $5-$10 million.

Has anyone heard anything about RIF for WellMed tomorrow?

Fcking disgusting company. They protect Indians and let go Americans. Shame on you WF!

Professional Services got severely impacted in March. Do we know what’s the count this time?
Also, what product lines?

Sorry for the repost. Oracle brags about being a "security" company. They just laid off some of the best security experts in the industry. Oracle Unbreakable Security!!

Microsoft walked away from leasing Oracle data center over security concerns!!
https://www.businessinsider.com/microsoft-was-in-talks-to-lease-oracle-compute-capacity-2026-6?op=1

Microsoft was recently in talks with Oracle about leasing the company's cloud infrastructure, but the deal fell through due to security and compliance concerns, according to people familiar with the matter.

One of the people said that the deal could have been worth more than $3 billion.

The failed talks highlight a growing reality of the AI bo-m: even the world's largest technology companies are running short on computing power. As demand for AI services soars, cloud providers like Microsoft are increasingly competing not just for customers but for the infrastructure and capacity needed to run their own products.

That scramble is driving an unusual wave of partnerships, capacity-sharing agreements, and multibillion-dollar infrastructure deals as companies race to secure enough computing resources to support the next generation of AI.

Microsoft recently projected that its capital expenditures for the 2026 calendar year will reach $190 billion, largely to expand data center capacity. The company has already turned to Amazon to add capacity for its GitHub code development business to address recent outages.

Microsoft is seeking a deal or deals with other cloud providers to prioritize its own Azure cloud computing resources on customers, the people said. "We are shopping for capacity everywhere," one of the people said.

The plan was to move some Microsoft workloads to Oracle Cloud Infrastructure, but Oracle's public cloud did not have the Federal Risk and Authorization Management Program (FedRAMP), a standardized security framework that ensures cloud services are secure enough to handle U.S. government data. Oracle was not willing to add this framework, one of the people said.

Denial. Anger. Bargaining. Depression. Acceptance.
I have gone through all of them.
At this point, I am going to sit back, get myself some popcorn, and watch this sh-t show go down.
Even if I am no longer with Centene in the next several months, I will continue to follow this saga, simply for learning and entertainment purposes.

Los Angeles County released a report on the Paramount Skydance-Warner Bros. Discovery merger. The report estimates 2,495 local positions could be affected. This figure identifies roles exposed to consolidation, not a layoff forecast. The combined company would carry significant debt and seek billions in savings. LA County is developing a workforce action plan for these workers.

Los Angeles, California

https://www.smdp.com/la-county-report-flags-nearly-2-500-local-jobs-at-risk-in-paramount-skydance-warner-bros-discovery-merger/

I'm approaching 50 and would like to work another 15 years before retiring.

Given the current environment, I'm concerned that if I were laid off in my 50s, finding a comparable role could take much longer than it would today.

Would you recommend starting a job search now while I'm still employed, or staying put and only looking if a layoff actually happens?

Vine Hospitality, a Bay Area restaurant group, is closing all its eateries. This sudden shutdown affects seven locations across the region. Brands like LB Steak and Left Bank Brasserie are ceasing operations. The closures result in 365 employees losing their jobs. Rising food costs and failed financing contributed to the company's collapse.

San Jose, California

https://nypost.com/2026/06/23/us-news/bay-area-vine-closing-all-locations-including-two-lb-steak-restaurants/?utm_campaign=nypost&utm_medium=referral

Yesterday this was posted on LinkedIn by Alice Hm Chen - AVP, Chief Health Officer at Centene

"We're looking for a cutting edge data scientist to lead the strategy, development, and deployment of advanced analytics and machine learning models that power clinical decision-making across Centene Corporation, the largest Medicaid and Marketplace payor in the country. It's an opportunity to work with a talented team (Peter Lauterbach, Marsi Kashta, Daniel J. Elliott MD MSCE FACP FAAP) with the ambition of delivering industry leading health outcomes at an industry leading cost structure. Please share with your networks! "

University of California IT workers successfully unionized. They formed what is now the largest tech union in the United States. The bargaining unit expanded by 2,100, reaching 8,400 employees statewide. This move aims to bolster professional security and establish a voice in decision-making. The union seeks better pay, layoff protections, and bargaining rights over AI deployment.

https://www.techpolicy.press/we-just-formed-the-largest-tech-union-in-america-heres-how-we-did-it

The California Faculty Association contests the California State University system's use of artificial intelligence. The union aims to protect faculty jobs from being replaced by generative AI tools. They are backing legislation that would prevent CSU from replacing faculty with AI. This bill is advancing through the Legislature and has garnered no opposition. The union also filed an unfair labor practice charge over CSU's AI purchasing.

https://calmatters.org/education/higher-education/2026/06/artificial-intelligence-cal-state-disputes/

So, Oracle execs, you laid me off on March. OK.
Could you at least do the job you were hired for and make Oracle's stock go higher so I can sell these miserable shares at a good price?

if your position is not business critical, the business has no reason to reject your VSP application. business critical positions have already been identified.

why did everyone get the VSP? simple... to reduce the risk of discrimination claims.

the only way your VSP application is getting denied is if the elimination of your position will increase risk for the business or if too many people on your team applied. it will not get denied because your PL wants to keep you here (those words came from my PL). if the work can be redistributed to your team, it will be.

someone on my team applied for the VSP and the discussion of how their work is going to be redistributed has already been had. those of us who are staying will have to prepare for things to get a lot worse before they get better.

So Lending Operations for USBank USA is moving to USBank India.
part of many layoff in the future as USBank India has capacity for 40,000 employees.

Also of note was the reason why we are now USBank India is because we are global corporation and we work with people-le across the world

So how does this fit in with RTO and collaboration with co workers in office if everyone is in India and sleeping while we are working?

Sangamo Therapeutics announced 52 job eliminations. The company entered Chapter 11 bankruptcy protection. These layoffs are a direct result of the bankruptcy filing. A total of 52 positions were affected by this decision. The company is undergoing financial restructuring.

San Francisco, CA

https://www.bizjournals.com/sanfrancisco/news/2026/06/24/bankruptcy-layoffs-sangamo-therapeutics.html

How many of us will remain and in what capacity?

Layoffs create significant challenges for remaining Gen Z employees. Many lack the experience and training for new post-layoff responsibilities. This leads to costly mistakes and high rates of considering leaving. Organizations must implement re-onboarding and interactive learning strategies. Peer learning and feedback also help Gen Z adapt and thrive.

https://hrdailyadvisor.hci.org/2026/06/24/gen-z-is-sending-a-warning-about-post-layoff-culture-and-hr-leaders-should-pay-attention/

A seniors home in South Tuxedo laid off 88 percent of its health-care aides. This mass layoff occurred on the same day staff received union certification. Residents were surprised by subsequent changes to the home care program. These changes have reportedly irked many residents. The situation raises concerns about care quality and labor relations.

Winnipeg, Manitoba

https://www.winnipegfreepress.com/breaking

Hard Rock Cafe announced a permanent closure. This closure affects its Pigeon Forge location. The facility is located in East Tennessee. The closing date is set for August 23. A total of 61 workers will be impacted.

Pigeon Forge, Tennessee

https://fox17.com/news/local/gallery/tennessee-warn-notices-june-2026-job-cuts-layoffs-closures-pilgrims-pride-jbs-kellogg-yescare-hard-rock-cafe-smurfit-westrock-caci?photo=2

More than half of my team is not meeting productivity due to lack of work. We’re all getting verbal coaching done. Our PL just said in order to not be laid off we need to meet but it’s impossible. All of this is just crazy to me.

ADC Therapeutics announced a strategic reorganization. This plan includes a 17% reduction in its global workforce. The company expects to save $10 million annually from these cuts. This follows recent safety concerns in a Zynlonta clinical trial. The reorganization aims to focus resources on the Zynlonta franchise.

https://www.fiercepharma.com/pharma/amid-safety-concerns-adc-therapeutics-plots-17-staff-cuts-push-resources-behind-lead-adc

Automotive and transport sectors saw significant workforce reductions in 2026. Weak demand, corporate restructuring, and AI integration caused these cuts. UPS eliminated 30,000 positions due to an AI-driven transformation. Volkswagen Group cut 50,000 employees in two separate rounds. Numerous other companies also reduced staff to manage operational costs.

https://www.latestly.com/auto/layoffs-in-auto-sector-2026-check-list-of-auto-and-transport-companies-that-reduced-their-workforce-7487974.html/amp

How long do yall think before anadarko and Marcellus basins both get sold after the merger? Kimmeridge and Toms Capital are both very vocal on Devon leaving these assets behind, and Kimmeridge was supposedly a big factor on forcing Coterra into changes that led to the merger. Marcellus already has an 8 billion dollar offer on the table. Will this be Devon’s way of reducing the workforce and gaining capital back?

I still keep in touch with former co workers in addition to keeping up with postings on this site. I am so glad to no longer be in the firestorm that is being a VZ employee. This was a once great company and I am very grateful for all the skills I acquired during my tenure. That has allowed me to become very successful, but this AI takeover is very real and it seems to be impacting a few key industries the hardest, telecom being one of those. Regardless if you decide to hold off for severance, weather the storm, or depart on your own terms just remember, YOU GOT THIS!

Multiple layoffs expected. Last-minute invite to a "meeting" which is actually just a pre-recorded video letting you know your "role is being eliminated" AKA we're firing you and we didn't even have the decency to do it on an actual live call. The video invite list was masked but I know my entire team was let go, and none of us could mute/unmute ourselves or turn on our cameras to see each other. My team received zero warning about this. My manager said he was completely blindsided.

This board has spread more rumors than Fleetwood Mac! Some of them may even turn out to be true.

Have you guys looked at his history past where he’s worked? Do a quick ChatGPT/Gemini search on his roles at his previous corps. People talking about PE in the other thread. No need. This guy will do the same they’d do, without selling out. His specialty is corporate restructuring and cost efficiency. Get ready everyone. They didn’t bring in an outsider for nothing. I bet you MF was unwilling to do what EH and the board wants. I think they see that EH approval rating is declining, so bring in someone else to be the bad guy. Homeboy doesn’t care. He’s probably on his way out of his career.

Serious question: what are the repercussions of gutting UM staff if we are expected to meet TAT or face penalties??

The Chartiers Valley School Board voted to outsource its transportation services. This decision followed a public hearing with community opposition. The board approved a seven-year contract with First Student. As a result, 41 transportation employees will be furloughed. The new agreement is set to begin on July 1, 2026.

Collier Township, Pennsylvania

https://www.wtae.com/article/pennsylvania-chartiers-valley-transportation-services/71677708

S&P Global reported on US manufacturing layoffs. Layoffs in June reached levels not seen since 2009. This excludes the initial COVID-19 outbreak in 2020. Concerns over global demand and rising costs drove these job cuts. Manufacturing PMI growth was mainly due to inventory replenishment.

https://www.bitget.com/amp/news/detail/12560605474712

So it’s all but confirmed that the offer will be announced July 1 for an enhanced Eisp across the board.Lets just hope when it happens we don’t get run over trying to all get out the door

Its been over a week, and I am no where near making a decision. Over 15 years at this company...kids, mortgage...this is horrifying... If we sign - and then get cut - at least we get something - but if dont sign - and they decide to cut us - we got nothing? is that right?