#organizationalchange

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Lakers Business Operations See Layoffs Amid Restructuring

The Lakers laid off more than a dozen business operations employees. These layoffs occurred on Wednesday. The affected departments included communications, marketing, and sales. This action is part of an ongoing organizational restructuring. Mark Walter's new majority ownership initiated these business changes.

Los Angeles, California

https://www.latimes.com/sports/lakers/story/2026-05-27/lakers-layoffs-part-of-sweeping-changes-to-business-operations


Core VP & SVP skills?

Just curious what the board thinks. Playing politics and maneuvering the convoluted organizational structures come to mind. A bit ruthlessness and narcissism helps too. What I noticed is that most of them like to hear sound of their own voice, I guess this can be rolled up as a subgroup under narcissism.


So are we just pretending the cuts are done???? End of May???? June???

Hearing from a few people that another round may hit by EOM ( May) or sometime in June... word going arund is bottom 10% and retirements could be part of it. Sounds like calibration season all over again.

Business transformation was supposedly the big reset, but now people are saying more org changes and headcount reductions are still coming.

Anyone else hearing this in IT, Finance, Commercial, HR, or the plants?

Feels like management already knows more than they are saying. Same pattern as last time. Silence for months, then sudden announcements.


Functionalization of Medtronic contributed to our demise

Long ago MDT was all about patients and customers and everyone lined up to support that. Then they started to get functional leaders who thought their functions were more important than the mission.

HR used to be a support function with a generalist per dept or function that knew people, helped hire, fire, promote, set pay..... then HR decided they were too important to work that way and needed to specialize to be more efficient., so they pulled all the features apart and created leaders for each.

Now you have, maybe, a generalist who might know you but they are spread across many teams.

You also have recruiters, who are called "talent acquisition" with all their own rules.

You have job leveling experts who review individuals against the job family rubrics to decide if they agree someone can be promoted.

You have compensation experts who decided what people can be paid.

You have "human capital insights" who run the global voices survey.

You have the Org design experts who know how you should be structured, spans and layers and such.

You have data teams, HR systems teams, who hold all the info.

You have pay disparity teams that go through your organization and send you a mandate to change someones pay to make things more fair (though never with any incremental funding to implement, you need to find it in your own cost center)

And you of course have D&I considerations.

As a manager, this has made work so much more complicated and difficult, but its done in the name of excellence in HR?

Now you see it repeating in Operations, etc...... All at the expense of the mission, patients and customers.


Thoughts on the New Technology & Product Model?

Management announced the shift to the "New Technology and Product Model" yesterday, effective June 1. They are framing the 1,000 cuts as a "skills reshuffle" to make room for 2,000 early-career hires.

To those in Tech/Product: How is your leadership actually mapping this? Is your "squad" being dissolved into these larger teams, or is this just a way to cut senior headcount before the RTO mandate hits in September? Curious if anyone has seen the new org charts yet or if we’re all just flying blind until June.


New operating unit merges cardiac surgery and aortic

From LinkedIn just now, from Karim Bandali:
"I am excited to share the creation of a new Operating Unit at Medtronic focused on Cardiovascular Surgery. Today, we unite Cardiac Surgery and Aortic — each with deep expertise, talented people, and a shared commitment to patients and clinicians."


7-Eleven Initiates Organizational Streamlining, Job Departures Surface

7-Eleven is implementing a cost-focused transformation. The company aims to streamline its organization. This process has led to difficult decisions and staff changes. Many employees have posted about their departures on LinkedIn. The goal is a stronger, more competitive business.

Irving, Texas

https://cspdailynews.com/company-news/workforce-changes-emerge-7-eleven


Securities Class Action Lawsuits

It is difficult to maintain confidence in the current Light & Wonder executive leadership, particularly as their transition from Aristocrat has been overshadowed by a perceived lack of transparency. The decision to displace established leaders in favor of former associates suggests a preference for insular hiring over organizational stability.

Furthermore, an approach that prioritizes rigid internal directives over collaborative expertise has made it challenging to foster a culture of mutual trust.


How many skip managers do you have?

I’ve been in R&D long enough to think I’d seen every organizational oddity, but lately I look at my reporting chain and just… sigh. I’m a Principal Engineer, the most technical person on my team, and yet there are seven layers of management between me and the top. Seven. At this point it feels like performance art.

And the part that blows my mind? We’re a software company. We really only need three groups to function: developers who ship code, sales/AEs who bring in revenue, and top leadership who set direction. Everything else should be supporting those three — not ballooning into a management ecosystem that needs its own food chain.


FP Markets Cuts Staff Amid Organizational Review

FP Markets has reduced its global workforce. Less than 7% of its employees were affected by the cuts. This action is part of a broader organizational review. The Australian-based broker previously employed over 300 staff. Other retail brokerage firms have also recently cut staff.

https://www.tradingview.com/news/financemagnates:1b9a7872c094b:0-exclusive-fp-markets-joins-layoff-trend-cutting-up-to-7-of-global-workforce/


Oracle Files Thousands of H-1B Visa Petitions Amid Mass Layoffs

Oracle, the software company headquartered in Austin, Texas, has filed thousands of petitions for H-1B visas in the past two fiscal years, even as it lays off thousands of American workers as part of a broader organizational shift. Federal data shows Oracle filed for 2,690 H-1B visas in fiscal year 2025 and 436 so far in fiscal year 2026, totaling over 3,100 visa requests.

https://nationaltoday.com/us/tx/austin/news/2026/04/03/oracle-files-thousands-of-h-1b-visa-petitions-amid-mass-layoffs/


LMAO

"We are sharing some difficult news regarding your position. After careful consideration of Oracle's current business needs, we have made the decision to eliminate your role as part of a broader organizational change. As a result, today is your last working day. We are grateful for your dedication, hard work, and the impact you have made during your time with us. After signing your termination paperwork, you will be eligible to receive a severance package subject to the terms and conditions of the severance plan. You will receive an email from DocuSign to your Oracle email address with details on your severance and termination date."


Layoff email

Mass email just hit my inbox:

After careful consideration of Oracle’s current business needs, we have made the decision to eliminate your role as part of a broader organizational change. As a result, today is your last working day.

We are grateful for your dedication, hard work, and the impact you have made during your time with us.

After signing your termination paperwork, you will be eligible to receive a severance package subject to the terms and conditions of the severance plan. You will receive an email from DocuSign to your Oracle email address with details on your severance and termination date.

Immediate Action Required
To receive important follow-up information, including FAQs and separation documents to help you through this transition, you must provide a personal email address.


Prudential Financial Reduces Newark Staff by 237

rudential Financial Inc. filed another round of layoffs in New Jersey. This action brings the total job cuts at its Newark headquarters to 237 since July. The latest notice covers 54 positions expected to be eliminated between May and June. These workforce reductions are part of an ongoing organizational structure review. The company evaluates operations to align with evolving customer needs and strategic priorities.

https://www.insurancebusinessmag.com/us/news/breaking-news/prudential-layoffs-in-newark-reach-237-569944.aspx


Any news layoffs

Any news on upcoming layoffs. In our market, we have some organizational changes. Where there’s a small team and a large team under one supervisor that’s supposed to have different roles. One team will be working on building a program. The other team would continue to do what they’re doing. Thinking this may be a sign that they’re going to eliminate an entire team.


Scentsy Cuts 11% of Jobs

Scentsy, a fragrance company, announced new layoffs. The company eliminated 11% of its total workforce. This decision is part of thoughtful adjustments to its organizational structure. Impacted employees were offered a compensation package. Scentsy also conducted a round of layoffs in April 2025.

Meridian, Idaho

https://www.ktvb.com/article/news/local/meridian-based-company-scentsy-announces-layoffs/277-a9f6939a-5843-424b-9e51-adec8a7f6216