#layoffs

I just hope those who are most in a pickle lifewise get to keep the job. As for me, I see potential layoff as literal liberation. Sc--w this company.

I know there have been several posts so just adding confirmation based upon information provided by leadership that 3/31 is going to be a horrible day for Oracle. Executives on calls are very stressed and panicked as they assess impact across their organizations. Good luck everyone.

Paradigm was the best job I've ever had. In about a years time it was turned into the worst. It's depressing.

Paradigm didn't rely on layoffs for quick number pumping. Even during the great recession, Covid, after the incident, my understanding is we never did actual layoffs. Our old leaders would hustle, try to drum up work, dig into the war chest, to make sure we kept operating and innovating and that its people were taken care of.

But we were told, times are tough. Housing is down. We have to tighten our belts to make this work.

A few weeks ago another round, only three people, but all well respected leaders, unceremoniously gone on a Friday. Then, only a few weeks later we have an all company meeting where we meet like 10 new executives and hear about their favorite condiments. Not a good look.

Now we’re told 2% raises company wide.

Meanwhile, all the actual people doing the work are seeing a dozen newer executives running around, making confusing decisions, contradicting each other, stressing people out. They pitch projects but don’t tell anyone the goal. We don’t know who the persona is, how these projects are supposed to make money. I struggle to understand what benefit they actually add.

It just seems like a huge nepotism tree. G-yatri hires all of her old friends, get the band back together. They are all yes men/women. Just do the thing, don’t ask questions.

I’m not an accountant, but they have to cost more than all the people laid off this past year.

And that expense is on top of the probably expensive AI licenses we’re paying for. Tools, that as far as I can tell, aren’t helping us. Hushed conversations in the hallway or at happy hours about how much extra work all these new “tools” are causing. But everyone is too afraid to speak up because they don’t want to be in the crosshairs for the next round of layoffs, so the concerns only bubble up so much.

And then we have to see our company’s LinkedIn page being a shameless commercial for Blitzy. Did we get a deal on our license with them? Where is the 4X development that was bragged about? Their site looks like a marketing guys idea of what AI might be able to do, but I haven't heard any of the product folks saying, "wow, Blitzy really made things better."

Maybe it is. Maybe this is making us so much faster. But we have no idea because communication has been terrible since G-yatri took over.

We’re now extremely top heavy. I don’t know what value these new executives bring. It feels like they are slumming it with us, looking at s-xier tech startups, wishing they were there instead.

And when the market crashes, and it will soon, the do-ers are going to be the ones sacrificed on the altar of “Shareholder” value. Most these AI companies won't exist and the ones that remain are going to start charging the real prices for their licenses instead of the venture capital prices they currently are at.

I don’t know if BFS and Peter Jackson know the level of talent that they have/had at a discount because the Paradigm culture was worth getting paid a lot less for. Well the culture is dying. Everyone has updated their resumes. And if the job market were any better, there would be a mass exodus happening.

We all sit here, on the eve of the financial quarter end, anxiously staring at the all company meeting on our calendars for Thursday. Never knowing what reorg, layoffs, or new executives will be announced. These used to be fun meetings where people got together, saw each other in person scheduled happy hours for after work. Now, the meetings are met with a mixture of dread and disgust.

thats about 10-15% of total workforce in canada that was huge !

Until now canada is done , mexico is done ( at least for this round )

Combined about 1.5k+ layoffs

If the 20-30k number is correct IDC and US will be HUGE

How many are you expecting? Maybe they will run this on multiple months and more are to come to mexico and canada again

https://data.northjersey.com/see-which-companies-announced-mass-layoffs-closings/

If layoffs were executed according to the following playbook Nike would almost certainly be better off.

Let go of employees at the Director level or above who:

1. Started at Nike post 2010
2. Have only worked for Nike
3. Were ‘promoted in place’ to receive their current title

While I’m sure there are a few good leaders that meet the above criteria, as a general rule this cadre of leaders are near useless in our current predicament.

Much like every stock investor is a genius in a bull market, leading when things are going well is easy. These folks have no experience managing through adversity - and it shows.

Nor do they have career experience outside of Nike to draw upon for other ideas. This means they will stick with the status quo: things that worked in the past at Nike that are no longer working now.

Lastly, because they received their titles without undergoing a competitive interviewing process, the scenario surrounding their original promotion bears little resemblance to the environment that they were re-orged into. Despite this, they retain the inflated title.

There must be a few hundred candidates that meet the above criteria, maybe more?

Aravind Srinivas (CEO, Perplexity) just dropped a blunt take on AI layoffs: most people don’t even like their jobs, so getting replaced by AI might actually be the push they need to build something better.

Speaking alongside rising fears from leaders like Bill McDermott (CEO, ServiceNow), who warns unemployment could surge, Srinivas flips the narrative, arguing AI is unlocking a wave of “mini businesses” powered by tools anyone can learn.

Mark Cuban and Sam Altman agree the shift is real: companies are already cutting roles and doing more with smaller teams. Bottom line: AI isn’t just ki-ling jobs, it’s rewriting the rules, and the people who adapt fastest may end up better off than ever.

https://finance.yahoo.com/sectors/technology/articles/most-people-dont-enjoy-jobs-213315361

I got laid off by OptumRx. I was unhappy with my manager and the unrealistic expectations. My manager treated me poorly from the start anyway but it seems like all my ex-coworkers still have their jobs and have no idea that these layoffs were happening. Is OptumRx doing mass lay offs too? Is OptumRx going to be phased out one of these days? Especially with the new bill?

• Tech layoffs reflect a shift from labor spending to AI infrastructure investment rather than a simple downturn.
• The “AI transformation” narrative often masks cost-cutting driven by investor pressure and prior overhiring.
• Job growth in AI is narrow and does not offset widespread displacement across the broader workforce.

https://siliconcanals.com/sc-a-the-real-story-behind-45-000-tech-layoffs-where-the-money-actually-goes/

The real story behind 45,000 tech layoffs: where the money actually goes

Recent layoffs across the tech sector are being interpreted through competing narratives that reveal different priorities. Some accounts frame the cuts as a necessary step toward an AI-driven future, presenting job losses and new AI roles as part of a balanced transition. Others emphasize the experience of workers, who are often left uncertain about why they were let go and whether automation played a role. A more critical perspective treats the AI explanation as a strategic narrative that makes workforce reductions appear forward-looking rather than financially motivated.

The core economic shift is a reallocation of resources away from employees and toward infrastructure. Companies are reducing headcount while increasing spending on data centers, computing hardware, and energy systems that support AI development. These investments do not generate equivalent employment opportunities, and the roles that do emerge are concentrated in highly specialized areas. This creates a structural divide in the labor market, where a small group of AI experts is in demand while a much larger group of workers faces declining opportunities.

The effects extend beyond individual companies to broader economic patterns. Layoffs are concentrated in high-cost tech regions, while new infrastructure projects are often built in locations offering lower costs and favorable incentives. Policymakers are beginning to respond by seeking ways to extract value from this expansion, rather than attempting to slow it. At the same time, the emphasis on AI as the driving force behind layoffs may obscure more conventional factors, such as pressure to improve margins after periods of aggressive hiring, leaving uncertainty about whether the anticipated productivity gains will materialize.

Chevron threatening to shut down El Segundo and Richmond is giving tremendous hope to decommissioning and remediation firms since there is way too much land to simply turn them into terminals. SJV will be on the accelerated hit list again too, I imagine.

Or maybe Chevron will accelerate the complete move to India and say sc--w you EPA. Bye bye Houston.

https://www.msn.com/en-us/money/economy/chevron-threatens-to-shut-down-california-refineries-warning-of-a-dangerous-game-for-gas-prices/ar-AA1ZtZWn

What orgs impacted in Canada?

Trinity Health is cutting jobs within its revenue cycle department. The healthcare system will outsource these non-patient-facing roles to an external partner. Approximately 10.5% of revenue cycle positions are affected by this change. The exact number of impacted employees has not been publicly disclosed. Financial challenges in the healthcare industry prompted these cost-saving measures.

Ann Arbor, MI

https://www.mlive.com/news/ann-arbor/2026/01/some-health-care-staff-laid-off-in-washtenaw-county-as-trinity-health-outsources.html

114 positions at East Hanover HQ to be eliminated between June 20-December 301 2026. Just listed on NJ WARN site; no internal communication yet as to which roles/functions are impacted.

Cannot put much details but entire teams are being cut. Its just sad and depressing
At the end of the day. We are just numbers on a sheet. To those who are still there, value your life and start looking better things. To those impacted like me, trust in gods plan

The number of Americans seeking unemployment benefits decreased last week. The total reached 787,000 claims. This indicates a slight easing of job losses. However, job cuts persist at elevated levels. The overall job market still faces significant challenges.

https://www.crainsnewyork.com/economy/jobless-claims-drop-787000-layoffs-remain-high/

Have any Band 10s in IBM Federal Government Consulting been laid off?

Alden Global Capital initiated staff cuts at Daily News. The Daily News union issued a strong response. These layoffs will reduce the union's membership by 28%. The union called Alden Global Capital a "predatory newspaper owner." They stated the cuts reflect corporate greed, not investment in journalism.

New York City, New York

https://nycclc.org/news/daily-news-union-newsguild-new-york-respond-alden-global

Ok, let's say they need to fire ~10,000 people to stay afloat in some form or fashion:

With severance, UI insurance, COBRA, and other sundry items, lets say it costs $10K on average. Not just the package, but the actual total cost of firing someone. 10000 X 10000 is $100 million.

This sounds about right, but let's say it is half of that, or 5000/head, or $50Mil.

Do you think these creeps are going to spend $50 million to do the right thing? They will not, because:

1. They are crooks and creeps.
2. They have a fiduciary duty to shareholders AND debtholders.

My gut says they will file CH11 as soon as they can get away with doing so.

Finance and Global Sourcing got hit.

New York updated its WARN law to address AI's impact on job cuts. More than 160 firms submitted mass layoff notices. No filings, however, blamed technology or automation for job cuts. Experts believe companies avoid citing AI for legal or commercial reasons. This tests New York's transparency efforts regarding AI's labor impact.

https://news.bloomberglaw.com/daily-labor-report/ai-related-layoffs-test-new-yorks-ability-to-track-job-losses

The E.W. Scripps Company plans to reduce its workforce. This broadcast conglomerate operates stations in over 60 markets. It was the former owner of KATC-TV. More details are anticipated during its February 26th earnings call. The full scope of these planned layoffs remains undetermined.

https://973thedawg.com/south-louisiana-news-changes/

My manager had 8 people and 4 of them had RIF.

Process: zoom invite, manager was sad but had to read out 5 lines provided by oracle restructuring. Manager personally apologized and we made a plan to meet outside for coffee. All access got deactivated in 5 mins.

2 weeks Severance Pay for every year you work.

Today is it happening in Canada.

UL Lafayette announced significant personnel changes. Seventy staff members face various personnel impacts. The university is cutting jobs, accepting retirements, and reassigning staff. The institution seeks to close a $25 million budget gap. Fifty-one roles were cut, with 19 involving other staff movements.

Lafayette, Louisiana

https://thecurrentla.com/2025/ul-lafayette-cutting-70-employees/

I will not go into details but several slack accounts have been deactivated on dev teams in the past hour

The era of prosperity is drawing to a close. Our world is entering its final, irreversible decline

Nearly 4,000 workers recently lost jobs across U.S. supply chains. These layoffs affected EV battery plants, auto parts factories, and warehouses. SK Battery America cut 958 jobs at its Georgia EV battery plant. First Brands Group eliminated 905 positions across Texas and Tennessee facilities. Other companies like Campbell's, FedEx, and Parsec LLC also announced significant reductions.

https://www.freightwaves.com/news/supply-chain-layoffs-spread-across-warehouses-factories-and-rail-terminals

More than 10,000 jobs were eliminated in North Texas during 2025. Logistics, retail, and corporate operations experienced significant cuts. Several major companies announced job reductions. Economists, however, describe the DFW economy as robust. Its diverse industries and growth help absorb these job losses.

Dallas, Texas

Is there even a slim chance of that?

SkyTrain janitorial workers are raising concerns about their new employer. SEIU Local 2 alleges Dexterra Group laid off workers and increased workloads. Workers report insufficient cleaning supplies and alleged harassment. At least 17 janitorial workers have been laid off since February 1, 2026. TransLink denies these claims, stating no evidence of improper procedures.

Vancouver, British Columbia

https://dailyhive.com/vancouver/skytrain-dexterra-janitors-cleaners-translink-seiu-union-complaints

The gaming industry is experiencing significant layoffs. Sony, EA, and Supermassive Games reduced their workforces. Star Citizen also implemented staff cuts. These events were reported around March 2026. The sector faces ongoing challenges.

https://fathomjournal.org/a2aedd58smm/d9024c49-BfBU6xGz_W4.html

So let’s all just admit the extension is nothing great . our union leadership took what ever was offered after the company 2 times prior shut them down .So let me say I voted yes ,but I really am tired of the leadership in all locals patting themselves on the back .In the end they continued the scrw ing extension on the retirees and now the possibility of us retiring .The whole deal was Dan needed to settle to move to the next stage !!There will be major management layoffs and reorganizations .Then by end of year there will be basic Eisp offered to union associates probably across board .Anyone who wants out or can afford it will be allowed to leave .The final stage is yet to be determined but may include the separation break up of lines of business.After that if that happens the sky is the limit to be used sold off or spun off .One things for sure the contract extension is not the end but the beginning of the end for union and management in wha I would call the end days .So advise anyone with under 26 years or under 55 start looking for somewhere else to begin your career

KPMG UK intends to reduce its audit division workforce. Up to 440 employees are expected to be laid off. Nearly 600 staff members were warned about potential job losses. Low staff turnover and changing market conditions are cited as reasons. This move primarily affects assistant managers with accounting qualifications.

https://www.hrkatha.com/news/kpmg-uk-to-layoff-up-to-440-audit-staff/

Albertsons is closing several store locations as part of a restructuring. This includes two stores in Tarrant County, Texas, affecting 138 employees. Additional closures are occurring in Washington D.C. and California. Overall, 295 jobs are being eliminated across these sites. The grocery retailer is investing in digital sales and technology for growth.

https://sg.finance.yahoo.com/news/87-old-retail-grocery-giant-020300245.html

Fiverr announced significant employee reductions. The company is reducing its staff by 30 percent. Artificial intelligence is cited as the reason for these cuts. The layoffs specifically target tech employees. This news was posted on March 30, 2026.

https://fathomjournal.org/d03856ffsmm/9e1ead01-mN_W3NneMHg.html

Di-k's Sporting Goods has started layoffs at Foot Locker. This occurs nearly a year after its acquisition of the retailer. Unnamed sources confirmed the news to Footwear News. Some employees were asked to return to office or relocate. Redundancies were expected following the merger.

https://fashionunited.in/news/business/di-ks-sporting-goods-initiates-layoffs-at-foot-locker/2026033053835

Ontario college presidents' salaries remained high in 2025 despite widespread layoffs. The college sector faced significant challenges, including campus closures and program cuts. A federal cap on international students heavily impacted college revenues. The top five presidents averaged around $507,000 in compensation. Humber College stated its executive compensation follows sector standards.

https://globalnews.ca/news/11749224/ontario-college-president-salaries-2025/

Looks like Truist Financial Corporation is gonna get scooped up by Citigroup later this year. Bill and the execs will ride off into the sunset laughing their tails off at us with a massive windfall. The rest of us? We’ll be lucky just to hang onto our jobs. Massive layoffs feel inevitable. And yeah, from what I’ve heard, the employee culture at Citi su-ks ba--s.

The Kentucky Senate passed legislation allowing public universities to lay off faculty. This includes tenured professors. Reasons include low enrollment or revenue-cost misalignment. Faculty could be terminated with just 30 days' notice. A Republican supermajority can override the governor's veto.

https://www.insidehighered.com/news/faculty/tenure/2026/03/30/kentucky-senate-passes-bill-allowing-easier-faculty-layoffs