#layoffs

AI has been a really really hot topic at the company in the last month. Obviously it’s been a hot topic at the org for a few years now but they seem to really be pushing it extra hard the last month. Got word we are now in a hiring freeze of sorts and any role looking for backfills will now be reevaluated on if AI can take the place of that role. Are we headed towards another big layoff due to “automation” in the next few months? Been saving extra hard lately for fear of not having a job soon. Anyone hear of anything about layoffs soon?

Morale at USB is the lowest it’s ever been. Don’t believe the way they will try and spin the engagement survey. The only reason there is not a massive flight of talent is the economy. There is no support for the CEO or her managing committee. They are the worst in the industry and have shown that they despise the employees. They take millions for themselves and give no raises to thousands of employees.

Corporate real estate and the awful head of HR have ruined RTO. They forced people who were never hired as in office into the cheapest office spaces that are loud and dirty with people who sit on Teams meetings all day. The locations they chose to keep do not work for most but they said people having a 90 minute commute each way is acceptable for RTO. Read other posts for how awful it is here for people. They do not care about employees or their well being.

The best we can all do is demand new leadership in any forum we can, do not bank with USB, do not take the survey. Refuse to do more than the bare minimum. The only positive you will hear about leadership will come from GK’s damage control minions and the boomer boot lickers.

Bad Robot Productions announced job cuts in April. The company is relocating its operations from Los Angeles to New York. This move is a contributing factor to the downsizing. The precise number of employees affected by the layoffs remains unknown. These job reductions are anticipated across all company divisions.

Los Angeles, California

https://www.fastcompany.com/91524432/hollywood-layoffs-2026-disney-sony-bad-robot-list-entertainment-job-cuts

Southwest Airlines reported layoffs in Illinois. The airline will affect 107 workers. The company is ending service at O’Hare International Airport. Service at O'Hare will conclude on June 4. Southwest will still serve the Chicago area from Midway.

Chicago, Illinois

https://www.pjstar.com/story/news/state/2026/04/09/illinois-warn-report-reveals-layoffs-for-southwest-airlines-at-ohare-international-airport/89504279007/

We are taking bets - stock will hit single digits by July.

Down another 6% today, can't drop much further now without default risk on debt and being taken private

Vteamers enterprise wide are busy watching the masters golf tournament today. They didn’t cut deep enough in the rifs.

I hope all the talent leaves them. I hope all these large companies lose their customer base. I hope employee-led start ups or smaller private companies take over where shareholders and the stock market are not the only things that matter.

After getting HR approval to post a req for a backfill I have, was recently told NO hiring can happen until at least May if not FY27. So, I had to close the req and stop interviews. Also, awards budget was the smallest Ive seen in my many years managing. Something substantial is on the way folks, so hang on.

While the company lost 77 million last month. They asked the court to approve bonuses for 8;employees if certain targets are met in the bankruptcy. Isn't that the top brass job?
Employees on leave of absence right now arent paid what they are actually owed. They are paid a draw instead.
Pretty nasty to do that while employees on medical leave. Is there no level this company and Raemdonck won't stoop to.

To my dear, hardworking US Associates,

I am reaching out today with a heart full of "purpose" and a strategy full of "synergy." As your Managing Partner, I’ve been reflecting on our commitment to being a "human-centered" firm. And what is more human than wanting to keep more money for ourselves?

That is why David Chubak and I are absolutely thrilled to announce the opening of our newest Home Office location in India!

The "Proficiency-ish" Pivot
Now, I know what you’re thinking: "Penny, how can someone across the ocean do my job?" Well, the data is in! We’ve determined that our new international colleagues can perform your daily tasks with a solid 70% proficiency.

Sure, that leaves a 30% gap of "technical errors" and "client confusion," but when you look at the much reduced cost of labor, that 30% is just a rounding error in our quest for efficiency. We aren't just cutting corners; we’re "reimagining the circle."

Out With the Old, In With the Bold
To facilitate this exciting transition, we will be implementing a slow, methodical replacement of US headcount with Indian headcount. Think of it as a baton pass—except instead of passing a baton, we’re passing your desks and responsibilities to a time zone that’s thirteen hours ahead.

Why We’re Doing This (The Honest Part)
At Edward Jones, we often talk about the "Rule of 70." Usually, it’s about retirement, but today, it’s about the 70% increase David and I are eyeing for our own Executive Compensation.

By offloading your roles to a lower-cost market, we are finally able to unlock levels of personal wealth previously unseen in the history of the firm. It takes real leadership to look thousands of dedicated employees in the eye and say, "Your sacrifice is the fuel for my next vacation home."

Looking Ahead
As you badge in for your next Return to Office shift, please do so with a smile, knowing that every spreadsheet you finish helps David and me get one step closer to our "Golden Parachutes."

We are so grateful for everything you’ve done to build this firm. Now, if you could just spend the next few months documenting your processes in extreme detail for your replacements, that would be just "super."

With deep (financial) gratitude,

Penny Pennington
Managing Partner & Chief Compensation Optimizer

this has to be some reality show at this point, where are the cameras? All you can do is laugh. Who in their right mind will voluntarily raise their hand to be terminated… only to find out volunteering yourself does not gurantee termination. They just did layoffs not even 6 months ago and now this. I would rather them come out and say they are going bankrupt because this is just comical.

https://www.latimes.com/business/story/2026-04-09/meta-oracle-qualcomm-share-details-on-layoffs-across-california

Looks like report cards for the role play are rolling out... would be interesting to see what the aftermath would look like.

Meanwhile, management keeps sinking deeper... repeating the same rhetoric, the same threats towards employees and further ignoring customers and their feedback.

The newly hired "managers" keep managing using the same script, only to continue failing at the end because we all know, when you practice the same method the outcome remains the same. They ignore and gaslight employee concerns with an iron fist and keep repeating the same slogan which on the surface may sound the same but has the same meaning "such it up"

For those of us who have been here long, we pause and remember the folks who were the back bone of this organization, the ones who helped us become who we are, the real talent that are now gone... moved on or let go.

Do you all remember Brian Madden's post on LinkedIn a few years back when VMware sold to Broadcom? That moment when you get a glimpse of what is to come? and you realize its not good. How many of your team mates are confident in the team's direction or the overall performance and outcome of the company? It appears that everyone is just floating, hanging to see what comes next. This is what happens when there is no direction. This is what happens when you take confidence out of someone's believe in their career. You take their sense of purpose out of their routine, this is by nature and design, reinforced by society and programming.

Things wont change for the better any time soon and in my opinion any time at all... even after Omnissa is sold off. From here, there is only sinking further into the abyss. The question is, what will you do about it. Sure, many of us have been here long and we have invested plenty and now are being short changed because management is incompetent but the reality is, how much stress can you endure?

Publicly known mo--n John Stankey makes the average AT&T employee’s salary in a day, for the job of deciding which wageslaves to lay off every quarter.

Not only should his job be ridiculed, but the same wageslaves even turn around and applaud him like Samuel L Jackson in Django.

How did we fall so far as a society that we allow this?
Does the corporate propaganda just work that well?
Did the Republican brainwashing of the population from the Reagan era work so well people have conditioned themselves to think it’s normal?

In office just waiting for the hammer to come down. Not great vibes today. I know alot of people missed the mark from door badges to just not coming in. Morale is extra low today.

I know of at least 2 people in our office, but there are probably more.

But we got Nike Shoes! What a slap in the face.

Those "quick business update" meets should be either out by now or coming out soon.

Anyone else had their manager ask if they were interested in possibly taking a buyout. This is happening in some out of region nts/abfs. Offices ?

Grapevine tells me that a large Sales FY27 Go To Market Reorg is set for May.

Early May we will hear about Two items:
1) You must live in your Sales territory
(No more living in New York covering Florida for example)
You can find another gig where you live (good luck)
You can relocate on your own dime to be inside territory
Or you can leave Oracle

2) Sales Territories will be defined as Enterprise and General Territory FY27 for all of ORCL not just commercial

Goal is soft RIF: Still too many people and too many territories

No clue if any of this is accurate.
Let the world know if you know.

Sentinel Transportation LLC is a national fuel truck logistics company. It also provides transportation services. The company has warned state employment officials. It will eliminate 126 employees in California. These are permanent layoffs across 25 work locations.

https://www.bizjournals.com/sacramento/news/2026/04/08/sentinel-cuts-california-jobs.html

District leaders approved a layoff plan. Nine classified positions will be eliminated. This decision came on March 13. It reversed an earlier failed vote. Financial concerns prompted these staff reductions.

https://lmcexperience.com/news/2026/04/08/layoffs-to-classified-positions-approved-by-district-board-amid-financial-concerns/

America's Car-Mart plans to close 42 of its 136 lots. This represents nearly one-third of its total dealerships. The closures will take effect on April 14. A reduction in staff is expected due to these actions. The company aims to align its cost structure with current capital constraints.

Rogers, Arkansas

https://www.5newsonline.com/article/money/business/layoffs-rogers-car-mart-shuttering-dozens-lots/527-5f8f48b8-c8ba-47fb-b9f2-7e9b388f0ab4

The company Nelson Global Products is closing its Troutdale site. Sixty-five roles are being eliminated. Layoffs are projected to finish by September 30. Proximity to customers, low sales, and shipping costs caused the decision. Affected employees will receive severance and job search help.

Troutdale, Oregon

https://www.oregonlive.com/business/2026/04/troutdale-plant-to-close-eliminate-65-jobs.html

Nearly 300 Houston-area workers face upcoming layoffs. These individuals are employees of Sodexo. Sodexo manages food services at various hospitals. A total of 296 workers across four HCA Healthcare sites are impacted. The layoffs are scheduled to begin on June 13.

Houston, Texas

https://www.click2houston.com/news/local/2026/04/08/nearly-300-houston-area-food-service-workers-face-layoffs-tied-to-hospital-contract-changes-records-show/

iHeartMedia has initiated a new round of layoffs. These reductions impact both management and sales departments. Several key executives have already departed the company. Affected roles include regional presidents and sales vice presidents. These changes span multiple markets across the United States.

https://barrettmedia.com/2026/04/08/iheartmedia-begins-round-of-layoffs-affecting-management-sales-staffs/

GoPro announced a significant workforce reduction affecting 23% of its global staff. The action camera maker plans to eliminate 145 jobs from its 631 employees. This restructuring plan was approved by the company's Board of Directors on April 7. The cuts aim to reduce operating costs and drive stronger operating leverage. These job reductions are expected to be completed by the end of the year.

San Mateo, California

https://nypost.com/2026/04/08/us-news/bay-area-based-tech-company-announces-shocking-layoff-of-nearly-a-quarter-of-its-workforce/

Walt Disney Co. is preparing for job eliminations. These cuts will occur over the next few weeks. The move follows a streamlined management structure. Many layoffs are expected from marketing department consolidation. Disney faces declining revenues and smaller streaming profits.

Burbank, California

https://www.latimes.com/entertainment-arts/business/story/2026-04-08/disney-plans-extensive-round-of-layoffs-in-coming-weeks

General Electric spinoff GE Vernova spends $70M on Rostraver warehouse

The power generation equipment maker has yet to reveal its plans for the more than 700,000-square-foot facility
Jack Troy
By Jack Troy
2 min read • April 6, 2026 | 2 days ago
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An aerial view of Amcel Center Two in Rostraver, a more than 700,000-square-foot former distribution center recently purchased by GE Vernova. (Courtesy of Genfor Real Estate)
GE Vernova, formerly a part of General Electric, spent $70 million to buy a distribution center in Rostraver last month, adding to the Massachusetts-based power generation equipment manufacturer’s strong Pennsylvania presence.

Westmoreland County property records show GE Vernova subsidiary GE Renewables Grid LLC purchased the more than 700,000-square-foot property from Gordon One LLC.

GE Vernova, which is headquartered in Cambridge, Mass., was created when General Electric split into three companies in 2024.

GE Vernova did not immediately respond to questions about its plans for the property along Finley Road known as Amcel Center Two. The company leased about 150,000 square feet in the building prior to buying it.

A lot of office workers in India and the U.S. have been laid off recently.

But somehow there are still plenty of remote workers sitting in Dublin, Ireland. Why is ESG management holding onto them? What kind of justification is being made for keeping these roles?

From what I can see, most of them don’t bring anything special to the table. I’m not seeing strong skills in areas like reverse engineering or development. Honestly, it feels like teams in India or the U.S. could take over that work and do it better.

So what’s really going on here? Is ESG management going against company policy? Or do these people have connections with upper management? A lot of them seem to be legacy folks from the old Symantec days.

Finance, IT and HR have 40-50% headcount reduction targets by 2030. Expect 5-10% "performance" cuts each year, very few backfills and a ROM 2028-2029.

Lotta hot air and a whole lot of inaction. “Thinking about” volunteering (some people are trying to stay, while you have to ASK to be let go?) does nothing and earns you no points among the rest of us. You say the same sh-t every RIFmas and continue to hog 1 more headcount for a job you don’t even fu--ing need.

I'm in part of CMS and I hear we are dropping all of our red badges in CR to others in some part of Asia.. Assuming it's India.. They'll be gone by the end of the month.

That's what this is all about. It's as simple as that. They want you to quit to keep the actual layoff numbers smaller on paper and significantly cheaper.

Any idea who got the axe this round? Saw some posts on LinkedIn. Gotta love that they never announce anything.

Packaging Corp. of America plans to close a Richmond converting operation. This closure will result in 110 employee layoffs. Most affected employees will lose their jobs by early June. The company cited a difficult business decision for the action. PCA will offer support and transfer assistance to affected workers.

Richmond, Virginia

https://virginiabusiness.com/packaging-corp-america-layoff-chesterfield-plant/

Intel is implementing thousands of layoffs across the U.S. Sandoval County Manager Wayne Johnson was not surprised by these job cuts. New Mexico experienced a less severe impact compared to other states. The local Intel plant will still employ approximately 3,000 people. A job fair is scheduled for August 14 to help affected workers.

Rio Rancho, New Mexico

https://www.kob.com/new-mexico/albuquerque-metro/sandoval-county-speaks-out-following-intel-to-layoffs/