#layoffs

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Boardroom staff layoffs

On Saturday morning, Philip Lewis of HuffPost reported that Boardroom, the media venture founded by NBA star Kevin Durant and agent Rich Klieman in 2019, “has eliminated its full editorial team.” Lewis noted that the staff layoffs were “unexpected.”

https://awfulannouncing.com/nba/kevin-durant-boardroom-statement-staff-layoffs.html


People on leave ???

I heard a coworker, field level, who is on long term disability got the email that has went to all the fired folks. How the he-l is that legal? Technically they are not working beng on leave so how can they be expected to participate in that call. Seems super shady as usual. Hope she makes it thru but seems doubtful not sure if she took the call or not. This rumor went thru our group like sh-t thru a goose.


Organizational restructuring needed

Qualcomm needs a comprehensive organizational restructuring to stay competitive in the rapidly evolving semiconductor industry. The company should streamline its structure, reduce layers of management, and build a leaner, faster decision-making organization. This may require a workforce reduction of around 30%, particularly focusing on eliminating unproductive senior and staff engineers who are sitting there for years, and aligning and recruiting new graduate talents with future growth areas.

The leadership team must be refreshed with a forward-looking CEO who deeply understands the future of semiconductors including AI acceleration, edge computing, advanced node design, chiplet architectures, automotive platforms, and custom silicon. The new strategy should prioritize innovation speed, stronger execution discipline, and accountability at all levels.

Key additional priorities should include:
Reducing bureaucratic overhead and simplifying reporting structures
Investing aggressively in AI-driven chip design and next-generation architectures
Strengthening partnerships in automotive, IoT, and data center markets
Improving cost discipline and capital allocation efficiency
Retaining and rewarding high-performing engineers while upskilling talent in critical future technologies
Encouraging an ownership-driven, performance-based culture

A leaner, technology-focused, and execution-oriented Qualcomm can regain stronger market leadership and shareholder confidence.


Ferrara Candy Company laying off people in Fairfield

Still reeling from closure of the Anheuser-Busch factory, Fairfield got more bad news recently with an announcement by Ferrara Candy Company that it would be laying off workers at its Fairfield Jelly Belly facilities in the coming year.

https://www.thereporter.com/2026/02/21/jelly-belly-plans-fairfield-layoffs/


Remember when they used to actually tell us the truth?

I sat in a meeting with a manager where they literally told us no layoffs coming. Not two weeks later, people were getting cut. What is even the point of these meetings anymore? The whole culture is just fear now. You can't trust a word that comes out of their mouths.


Is this how layoffs really work?

I read somewhere that layoffs fall into different categories depending on the reason. Like head count cuts target lower performers, budget cuts go after expensive but replaceable people, and big tech rounds are more about politics. Division closures take out almost everyone. Does that match what others have seen? Just trying to understand the pattern.


Seven years here and the place feels completely different now

Stack ranking has everyone watching their backs instead of helping each other. A buddy was laid off six months ago and still can't land anything, so I'm terrified to leave. The only bright spot is the friends I've made across different teams. The rest of it is just showing up and wondering if today's the day they cut my access.


Rogers Outsourcing IT Jobs, Affecting 100 Staff

Rogers is laying off nearly 100 internal IT support staff. This work will be redirected to an unnamed third-party vendor. The vendor reportedly plans to rehire most of the affected employees. The cuts impacted technical roles across Ontario, Quebec, and New Brunswick. These layoffs follow previous job reductions by Rogers and other telecom providers.

https://mobilesyrup.com/2026/02/20/rogers-laid-off-100-internal-it-workers/


The workforce tension and the desperation of management is palpable, and the first cracks are starting to appear.

Lifted this from another comment on this site. It gets to the heart of the matter bigly. Sad but true that this is happening to this once great company before our eyes.

It's the only AI software that Chevron has. I am guessing that the LT is planning on celebrating this tool as a means of leveraging AI to cut operational costs. The entirety of AI within CVX has been oversold to the board and the executive team. They have been pumping money into the "dream" software for years and the BoD wants to see results. The money saved over cutting headcount from eavesdropping on emails and text messages will never match the promised returns of AI sold to the board. There is a critical OC gap with regards to AI and the datasets are a mess. It will take years to harvest energy production related returns from AI within Chevron. MW is on the $32M hook to show costs cuts has cut critical headcounts and is now recreating a low cost workforce in India and eliminating the costly US workforce in an attempt to realize the savings that AI might have provided. This is a one-to-two-year trick pony because it's not a sustainable YoY strategy. Once the sham starts falls apart in a year or two, MW (who is already cashing out) will depart. In the meantime, Chevron will lose more talented people since it is fairly evident there is no long-term career to be had here. This is a prime example of how short-sighted corporate leadership with a shallow technological understanding can destroy a once great company. The workforce tension and the desperation of management is palpable, and the first cracks are starting to appear.


Reskilling for RIFFED employees.

so that 20 million reskilling declaration by Dan was just a scam ? I got this from HR ..

That is correct, Udemy and EDX are the current upskilling opportunities for impacted employees.
If additional upskilling opportunities arise, further communications will be provided.
At this time, we will be closing your case. If additional assistance is needed, please create a new case for support.


You’re looking at it wrong. I think Jane is a genius.

Forget ethics, what’s right, what’s wrong, what makes sense.
Amongst all the noise, she’s protected herself and has managed to convince everyone that it was the right thing to do to give her a HUGE bump in pay multiple years in a row+bonus+stock awards all the while laying people off.

No push back, no votes, no bartering….just BAM!!! It all happened the way she wanted as she wanted.

How is that not smart of her to benefit while others are suffering. She’s got a laser focused mind on taking care of herself. How is that not smart of her?


I feel so sad today (reposting as previous post got messed up on my phone)

I am approaching a seven-year tenure on my team and I have long found solace in our shared atmosphere. Everyone is remarkably kind and approachable. Although we have recently encountered adverse shifts beyond our control, I have remained a steadfast advocate for collective resilience despite the prevailing negativity because I deeply honor the journey that defined every teammate’s professional growth.

Finally today, I have fully grasped the irony that the more one ventures above and beyond, the heavier the burden of responsibility becomes. If you fail to navigate the unspoken rules of the game, you bear the most devastating fall. I have never experienced such poignant disappointment and I recognize it is finally time to part ways with those who fail to safeguard what is truly essential.

By no means am I suggesting that I am the most indispensable and irreplaceable asset here as there are far more brilliant minds within this organization than myself. Rather, it is the professional spirit and the arduous paths we have chosen to walk, that merit profound respect and should be held in high regard.


Catalent cuts staff by 96 in another round of layoffs in Maryland

Catalent is cutting more roles at its gene therapy manufacturing facility in Harmans, Maryland. This round of layoffs will affect 93 employees and will be effective on March 19, according to a Maryland Work Adjustment and Retraining Notification (WARN) filing.

The state's WARN report also notes the CDMO's dismissal of three other employees in nearby Baltimore.

https://www.fiercepharma.com/manufacturing/catalent-cuts-staff-96-another-round-layoffs-maryland


It looks like I made it through this round

But it doesn’t feel like a win. I really feel for the people who lost their jobs, especially given the current circumstances, and it angers me that so many of them were exemplary employees. I’m not a big fan of my job either. I reached my limit long ago, maxed out on exhaustion, disappointment, and ethical conflict. I’m not glad I survived, I’m just relieved I’ll still have money to pay the bills.


Annual Bonus Payout After Recent Layoffs?

For those of us who were recently impacted by the layoffs, does anyone have clarity on whether we should expect to receive our annual bonus next month?

I remember my manager mentioning that bonuses would be paid out sometime in March, but I’m not sure how that applies to employees who were laid off before the payout date.


Week of Feb 16 Layoffs

Sending good vibes to those affected this week. Some of you had long careers at Juniper and did exceptional work in areas of consolidation. Others of you were also great contributors who just happened to be aligned with people no longer in power now that it's HPE.


Future operating model will lead to more layoffs

The long term goal is for every operating unit including the grassroots upstream oil & gas projects to be operated by 3rd party contract companies who pay far less in health care benefits, pensions, and salaries.

The Guyana offshore upstream operations business model is a textbook example of how ExxonMobil wants to operate our facilities in the future.


Project Crane Continues

As project Crane continues to sla-ghter headcount and increase exec compensation the job market becomes even more unfavorable leaving employees unable to pay their WF mortgages, car payments, personal loans and more. Severance pay is only for people with tenure. So many people we new to wells fargo just a couple of years ago which means at best they might see 2 weeks or so of severance. Pay your bills on that, good luck because its not possible. Unemployment in many states is around $200 a week. What can someone really do with that, NOTHING!!!!


I’m done with this institution from HE-L

I’m a customer (ex-customer starting soon) and an employee. There is no going back after the stunt they just pulled with merit and at the same time they also let go of so many people. All in the same week. How do they look at themselves in the mirror? How? Are y’all possessed? I’m just ready to throw in the towel. The vibe is low, almost like we are in he-l.


VGS

Verizon Global Services leadership turnover continues. This poorly formed and mismanaged organization has been a complete disaster since it started in 2022. The legacy is mostly layoffs, offshoring, chaos and ultimately destroyed lives and careers at all levels. Outside of M&A disasters, VGS must be top of the Verizon list for utter failure. Go beyond!


Saks Fifth Avenue Shuts Alabama Store, 44 Workers Displaced

Saks Fifth Avenue will close its only Alabama store. This Birmingham location will shut down in April. Forty-four staff members face job loss. Saks aims to consolidate its retail presence. This follows the company's January bankruptcy filing.

https://www.montgomeryadvertiser.com/story/news/local/alabama/2026/02/20/saks-fifth-avenue-closure-of-only-alabama-location-means-staff-layoffs/88737058007/