#layoff

What are the current betting odds that the April 15th all-company is to explain another mass layoff early in the month circa the mid-July 2024 “bloodbath”? Still no WARN notices I can find, but the timing right after Q1 and corporate jobs disappearing in every other industry does make one wonder.

Another 52 week low with the stock today and has fallen under major support

If it continues to fall then it very likely PE take over, strip the company to bare bones and break it up for parts

Sorry if this has been answered in a previous post, and I've got a couple of questions that I hope someone can answer.

1. So we work like normal for the final 90 days, in addition to the standard salary for these last three months, will we get severance on top of it? From what I'm seeing online, some people have said 2 weeks' pay for each year.
2. What happens to all the PTO that we had planned out for the rest of the year after June 30th? Will we be paid out for those missed days, or should I cancel those and take them between now and June 30th?

RELCO, a Wabtec Company, is closing one of its Cedar Rapids plants. This closure will result in 34 employee layoffs. The plant will cease operations by the end of December 2025. Wabtec plans to transfer the work to other sites and third-party providers. Other RELCO locations in Cedar Rapids and Albia will remain open.

Cedar Rapids, Iowa

https://www.kcrg.com/2025/11/13/cedar-rapids-manufacturer-close-laying-off-34-employees/

Are any more layoffs on its way?

Iowa reported 481 total layoffs in February. Whirlpool Corp. accounted for most of these job losses. The company announced 341 layoffs at its Middle Amana plant. These job cuts are effective March 9. A union claims jobs are moving to Mexico.

https://www.desmoinesregister.com/story/money/business/2026/03/03/iowa-warn-layoffs-february/88950940007/

Winnebago Industries' motorhome division will lay off 121 employees. These job cuts affect facilities in Waverly and Charles City, Iowa. The company plans to relocate these roles to its Forest City and Lake Mills campuses. This decision aims to optimize manufacturing and align production with consumer demand. The layoffs respond to cyclical shifts and decreased customer demand in the RV industry.

https://www.thegazette.com/business/winnebago-industries-will-lay-off-121-workers-in-charles-city-waverly/article_fd2bac90-9714-52b9-ab83-79ecbcb7a3f4.html

Evonik Corporation will close its Havre de Grace, Maryland plant. This closure will result in 34 employee layoffs. Separations are scheduled to begin on June 30, 2026. Layoffs will continue through December 31, 2026. The company did not publicly detail specific reasons for the shutdown.

Havre de Grace, MD

https://countryherald.com/news/havre-de-grace-md-layoff-alert-evonik-corporation-to-close-34-jobs-impacted-through-end-of-2026/

Layoffs are scheduled to begin soon. They will take place between May 29 and June 12. Senior employees have specific transfer rights. These employees hold union membership. They can transfer to other stores nearby.

https://www.bizjournals.com/sanjose/news/2026/03/26/raleys-layoffs-50-nob-hill-foods-mountain-view.html

entire IT department for the business side has been cut

Vancouver Public Schools began notifying employees of layoffs last week. These reductions follow the school board's approval of $24 million in budget cuts. The cuts are intended to stabilize the district's budget for the 2026-27 school year. Staffing reductions form a significant part of this financial plan. The district also offers support services, including free counseling, to affected staff.

https://www.kptv.com/2026/03/26/vancouver-schools-begin-layoffs-after-board-approves-24m-budget-cuts/

I am going to enjoy life till June 30th.
Not going to train my replacement. All my skills will go with me.

FIS Managers are going to provide severance to their buddies, Then those buddies will be hired directly as consultants with FIS.

If you are not in good books with your managers, they are going to transfer you to third rated staffing company COGNIZANT. After a while, FIS will ask cognizant to replace you with low cost H1B visa holder.

The senior management is making final decisions on the USA wide H1-B elimination program. The political climate does not support the huge numbers of H1-Bs TCS has on the payroll.
Most H1-Bs will be eliminated.

Is layoffs happening in Northridge with so many people leaving?

Question for those in the know, since clearly there are some here. Obviously you get a better deal if you're laid off as far as unemployment goes. Last time Phase 1 people had to share in middle of September if they were staying or going. Then layoffs occurred the end of October. Repeat this time?

So far I did a recent paystub, W2 and my performance review from FY25. Was debating sending my entire teams code too so I can reference it in the future.

I never realized how hard the hours worked and weekend on calls were… not for me but my wife. She is fortunate enough to have a job that is pretty much 8-4 everyday.
She never complained when, during the lockdown, about the times I was at my home office desk and she had to bring me a plate of food for dinner. It seems I was never on time for an afterwork appt or meeting. I’ll never forget the time that I was nearly fired for not taking an on-call weekend because my sister was getting married. The boss knew about this four months in advance.

On my last day, a Saturday, I promised to be home on time. And I was. She met me at the door dressed like we were going to a fancy restaurant. She hugged me being careful not o muss her makeup (An inside joke) the scent of her perfume was soon taking a backseat to another of my favorite aromas. She had spent the day making my favorite dish, lasagna with home baked bread and carrot cake for dessert.

I started a new Job a month later. Lower pay, but better hours. That following Saturday I made her favorite dinner.

It’s funny, but it took a layoff to get me to realize what a lousy job I had but more importantly, what a lucky man I am to have such a wife.

Capital One Financial Corporation is under investigation by Strauss Borrelli PLLC. This relates to a recent mass layoff of 1,053 employees. The layoffs occurred at its Riverwoods, Illinois location. Capital One provided state notification on March third, 2026. The law firm suspects a violation of the federal WARN Act.

Riverwoods, Illinois

https://straussborrelli.com/2026/03/05/capital-one-illinois-warn-act-investigation/

Over 3,600 individuals lost jobs in Illinois during the first 90 days of 2026. The Illinois Work Center site reported 3,695 layoffs in this period. Manufacturing facilities experienced the highest number of job losses. The healthcare industry also saw significant job reductions. These figures only include businesses required to issue WARN notices.

https://101theeagle.com/illinois-layoffs-2026/

No rest, no relaxation, no relief...now we start figuring out when the next round will happen because we all know there'll be a next round. I hate it here.

Albertsons will lay off 138 employees across two Tarrant County stores. The impacted locations are in Euless and Fort Worth. These job reductions are scheduled to begin on April 25, 2026. The company filed a WARN notice with the Texas Workforce Commission. No additional details about the layoffs were disclosed.

Euless, Texas

https://whatnow.com/dallas/trending/major-us-grocery-chain-to-lay-off-138-workers-across-two-texas-stores/

I learned recently severance was not legally mandated. I honestly thought it was, because, why would they pay us to leave if they didn't have to? So now I can't get that out of my head and wonder what if they really decide that severance is not something they want to bother with?

Girl Scouts of the USA approved the sale of the Edith Macy Center Hotel. The property faced declining use and annual financial losses. BMC Benchmark Management Company is now laying off 49 employees. Layoffs will begin on April 30, 2026, and continue until July 13, 2026. This coincides with the hotel's planned closure and decommissioning.

Briarcliff Manor, New York

https://whatnow.com/new-york/local-news/longtime-training-center-near-manhattan-set-to-close-impacting-49-workers/

Redlands Unified School District issued preliminary layoff notices to 60 employees. This action is part of ongoing budget reductions. The affected staff include teachers, support staff, and administrators. Many positions are student-facing, such as counselors and nurses. Final decisions on these layoffs are expected in May.

https://www.communityforwardredlands.com/redlands-unified-issues-layoff-notices-to-60-employees/

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

I know the conventional wisdom is to wait it out and force the company to pay you in severance. But, they'll try to deny it to you by every means they have. You just have to ask yourself one question. Is it worth it?

You'll be faced with a ticking clock of the severance checks stopping while you job hunt. No getting away from that.

Just start looking now and taking interviews with sick days or doctor's appointments and then just...leave. No two weeks' notice. No exit interview. Just tell them you quit and walk out. You don't owe them anything at all.

You'll feel great! You'll be leaving this lousy job and starting new one. No better feeling in the world. Better than waiting around in the stress test lab wondering when your number is up.

They are actively trying to exploit you in every conceivable way.

Just. Leave. Now.

Anyone on a PIP will be gone by no later than March 31st. Anyone receiving a FY25 employee review lower than "Successfully Meets Expectations" will also be gone.

I applied for a job during my 30 day post lay off, when I was still “internal”. I was in screening status and spoke with manager and was moving forward. Then my last official day came. Now I’m “external”. I just found out that this job isn’t hiring external applicants and can’t move forward. The recruiter supposedly tried to get approval. Not sure who or what is behind all these decisions but none of it makes sense.

It’s year end, how many people will be laid off this time?

The current cycle was conducted more like a firing than a layoff. Staff were told early in the morning that the layoff was effective immediately. System access terminated within minutes and staff were walked out by a manager. Remote staff were notified by Zoom.

when it will be informed?

Humber Polytechnic has begun involuntary layoffs. A voluntary exit program was offered first. It did not meet the required budget reduction. The college faces significant financial pressures. Financial strain impacts post-secondary institutions across Ontario.

https://globalnews.ca/news/11745695/humber-college-layoffs/

No meeting on the calendar and no message from the bosses.

Another no news predicted RIF day!!!

Providence University College and Theological Seminary is implementing staff layoffs. Approximately 10 percent of its 115 employees are affected. This action stems from federal funding cuts and international student caps. The institution's projected annual revenue has significantly decreased. Providence plans to phase out some programs and launch new global initiatives.

Otterburne, Manitoba

https://www.cbc.ca/news/canada/manitoba/providence-university-college-international-students-9.7140721

United Parcel Service withdrew its $150,000 driver buyout program. The offer was withdrawn in 13 states. The Teamsters union strongly opposed the voluntary separation. Local unions filed grievances over alleged contract violations. UPS downsizes its network due to reduced parcel volume.

Atlanta, Georgia

https://www.freightwaves.com/news/ups-retracts-driver-buyout-option-in-13-states-under-union-pressure

Neiman Marcus is closing its Ala Moana store. This closure will eliminate 161 positions. The luxury retailer's parent company filed notice. It is exiting the Hawaii market. This action is part of bankruptcy restructuring.

Honolulu, Hawaii

https://www.bizjournals.com/pacific/news/2026/03/25/neiman-marcus-leaves-hawaii.html

Heard people have been getting the dreaded calls with HR this week. Surprised as I thought they would only start next week after the FY close. Anyone else heard the same?

Zety's new analysis tracked U.S. tech company layoffs. The study covered job cuts between 2023 and 2025. Many companies conducted multiple rounds of layoffs. 27% of companies had two or more layoff events. Most repeat layoffs occurred within 12 months of the first.

https://www.cpapracticeadvisor.com/2026/03/25/study-exposes-repeat-layoffs-across-u-s-tech-companies/180189/