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Converse employees were told to work from home this week. Layoffs and restructuring are expected at the brand. Converse CEO Aaron Cain sent a note to employees about the changes. The Boston-based brand reported a 30% drop in quarterly sales. These actions are part of Nike CEO Elliott Hill's turnaround plan.
https://www.oregonlive.com/business/2026/02/layoffs-expected-at-nikes-converse-brand.html
They cost too much. It's that simple. Companies prioritize immediate savings over quality and short-term gains over long-term health. That’s the core reason we’re in a downward spiral, and it will almost certainly get worse. There's no vision. No grand plan. Just a relentless scramble to cut costs and funnel money to the top for as long as possible.
I'm not going to be surprised if in the future that's no longer an option. After all, it's not mandated by law, so I can definitely see this leadership deciding it's no longer "in the company's best interest" to keep paying it.
Community Wholesale Tire Dis. Inc. plans to permanently close two Hazelwood facilities and lay off about 143 employees in April, according to a notice filed with the state of Missouri.
https://www.ksdk.com/article/news/local/family-owned-tire-distributor-shutter-hazelwood-facilities/63-4378cafd-507c-4169-a9f9-9c7a46293c32
Everyone's talking about big numbers. My team hasn't been hit yet, but that doesn't mean it's safe tomorrow. Judging by the rumors and reports, it definitely looks bad. I'm afraid our worst predictions are coming true.
The College of Wooster is reducing its staff due to financial pressures. Twenty-two positions were eliminated, including 18 full-time and four part-time roles. These cuts primarily affected administrative and non-student-facing departments. The college cited declining student enrollment and lower birth rates as key reasons. Enrollment has decreased from over 2,000 students in 2011 to more than 1,600 currently.
https://www.ideastream.org/education/2026-02-09/the-college-of-wooster-lays-off-staff-as-it-adjusts-to-a-smaller-student-body
Nine Ohio companies recently filed 11 WARN notices with the state. These filings indicate hundreds of impending job losses across various sectors. Affected industries include manufacturing, retail, and services. The federal WARN Act mandates 60 days' notice for mass layoffs. Ohio's Rapid Response team offers support and resources to impacted employees.
https://www.mahoningmatters.com/news/local/article314635552.html
How we'll continue to function properly after this is beyond me. Nobody thinks about the future, they just care about what they can save right now.
A manufacturing facility in McDowell County recently laid off employees. Approximately 90 workers were affected by the job cuts. Baxter North Cove operates this facility. These layoffs represent 3% of the company's workforce. The company produces medical products like intravenous solutions.
https://www.citizen-times.com/story/news/2026/02/10/mcdowell-county-nc-company-baxter-north-cove-lays-off-90-employees/88591480007/
The execs should be laid off first. Just plug in some kind of AI, it'll do a better job.
I just received a message from my amazing physician 2/7/26, that she is leaving Hennepin Health. My family is heartbroken. She was the best doctor all of us have ever seen. She listened, respected, was compassionate and always made time for us. Even the specialists we saw were amazing. We were at Whittier Clinic in the wonderful integrative health care clinic, which is being permanently closed at Whittier. Our community here in So Mpls is losing so much, in terms of medical accessibility and local businesses. Our community is already a food desert as well.
South Minneapolis is such a special place and my family has been here for four generations, since the redlining and covenants existed, which is why my grandparents could only live in this community.
I cant believe how much fraud and mismanagement has destroyed this community specifically (district 5), the city and the state. So many Americans are suffering under the impending economic collapse here and all anyone seems to care about are immigrants rights, as if no American citizens are also facing food, housing, medical and resource shortages and insecurities. We should be united and protesting this fraud! But no, the insanity and violence of these protestors and agigtators has negatively impacted our community and taken all of the attention away from the larger problem of state-wide fraud that hurts us all. What a shame.
Will there be a second wave of IT layoffs in 2026?
I just heard over the wall of a manager who knows another manager that someone in HR who knows a director who said that 90% will be laid off on Wednesday. All sites. No WARN notices though because they do it in a way that they don't have to.
It looks like HP is laying off employees only to quietly rehire for nearly identical roles at significantly lower pay.
Blaming it on AI advancements or the so-called chip crisis feels like a convenient excuse
Why are most of the affected folks 40 and above? I'm yet to see somebody in their 20s or 30s affected, at least for now.
in one of Verizon’s big European countries today they operate in today they announced establishment of Employee form. Interesting cuts are coming by the sounds of that.
Uniondale office has been used since early 1990s. Leased space trimmed down year after year to what is only one floor now. “Rumor” says entire location closing 9/1 with notice to be given 6/1. Take the Long Island railroad commute to NYC or resign. Approximately $5000 annual cost. No word if it’s 200 Park Avenue (Grand Central station) or downtown Greenwich office (train ride, subway ride, then a few block walk to the building). For most in the building commute will be 60-90 minutes one way when currently it’s 15-45 minutes. Best estimate is this affects 300 people, all of whom are well aware of the “rumor”. Also “rumored” is the closing of the Franklin Avenue location of wealth management (20-30 people?). Progress tells us to be robotic commuters, sit in small desks in a football field sized environment, everyone wear the obligatory BNY vest or Eliza jacket, whisper so as not to disturb colleagues, watch higher ups use their offices, never get a glimpse of the C suite, arrive early, stay late or be subject to ridicule. Leave home at 6AMish arrive home at 8PMish. Sounds attractive?
Working for my whole life and was looking for a long term job to save money and retire but went through 4 layoffs and two company closings.
A couple of years in I see the signs. The rats start leaving the sinking ship. Cubicles being moved around, bodies relocated to owned spaces, rather than rented. Unreasonable targets and although profits are up... They want more. Blowhards in management speaking but nothing of relevance is being done. LifeVests are not being replaced.
This is the death of the middle class in slow motion. God save us all.
If we're going to have layoffs in March, why does the Warn Act not have TransUnion listed in their January report?
Who else has come to the realization that his/her TI dreams are gone forever?
Self published and thousands of copies. So sad. So NOT what AI is all about - actual paper copy book. Good grief. Then there are the WILD events Sales sponsors for leadership and their pets & the wink wink business travel needed to international destinations where leadership family tags along. Money, money, money. No bonuses, no hiring, leadership BLEEDING fun spending. NORTEL all over again.
https://www.hollywoodreporter.com/business/business-news/david-ellison-adds-new-sweeteners-in-hostile-paramount-megadeal-bid-for-warner-bros-1236501314/
Why not go all the way? What's stopping us from going all out with buying them? I thought we had endless money to empower us to be a global force in entertainment. If we lose out on this, I see another cut so big the wound will never heal.
Instead of having tons of messages, let’s do this:
Position
Department
Years of Service
Severance Offered
Firearms manufacturer Sturm, Ruger & Co. confirmed recent layoffs. The company reduced its New Hampshire workforce by less than 5%. This adjustment affected 90 of its 1,800 employees. The moves address cost misalignments and balance production with consumer demand. Sturm, Ruger faces financial challenges and a declining firearms market.
https://vnews.com/2026/02/09/newport-g-n-maker-layoffs/
Enjoy.
https://www.hollywoodreporter.com/business/business-news/massive-layoffs-if-paramount-buys-warner-bros-says-netflix-1236500848/
Overheard a manager across the cubicle talking about a 5% across the board reduction next week. I’m in Jersey City. They are definitely acting like a RIF is imminent.
New Jersey experienced a significant increase in job cuts during January. Employers announced 1,980 layoffs, a 544 percent rise from January 2025. This surge mirrors national trends not seen since the Great Recession. Amazon accounted for 871 of New Jersey's January cuts. Experts indicate employers are less optimistic about the 2026 outlook.
https://patch.com/new-jersey/across-nj/job-cuts-spiking-nj-national-layoffs-mirror-great-recession-totals
The only way Fiserv can survive if it can go back to the George/Les/Jeff era - Respect employees! Fiserv has no employees. Most fired, rest shifted as an expense to Infinite, and Frank sold all his shares for $550M.
Think.,,,
What is going on in Jacksonville, more layoffs? Board on site?
Republic National Distributing Company is implementing further layoffs. These cuts are occurring across the country. The distributor previously laid off over 1,700 employees last year. Those earlier cuts were due to shuttering California operations. RNDC has also experienced an exodus of suppliers recently.
https://www.brewbound.com/news/rndc-confirms-new-layoffs-amid-supplier-losses-structural-adjustments/
Eddie Bauer is closing its Seattle headquarters. The outdoor apparel brand will lay off 60 employees. Its 50,000-square-foot Sodo headquarters is in Seattle. The company leased this space in 2022. This move affects the Seattle-based company's operations.
https://www.bizjournals.com/seattle/news/2026/02/09/eddie-bauer-layoffs-headquarters-closure.html
Michigan's initial unemployment claims dropped last week. Filings fell to 8,535 in the week ending January 24. This was down from 16,776 the previous week. U.S. unemployment claims also saw a slight decrease. They dropped to 209,000 nationally.
https://www.aol.com/articles/unemployment-claims-michigan-declined-last-080100923.html
IBM’s spinoff, Kyndryl, seems to be in a wee bit of trouble.
I was going to attach a link, but honestly, just Google it — there are plenty of articles out there.
It’s a company led by former IBM executives, operating with the same policies, technology stack, infrastructure, and culture.
Something is rotten. Will it infect the mothership?
https://thehill.com/opinion/technology/5726509-valuable-employees-corporate-layoffs/amp/
Smithfield announced layoffs for 190 workers in Springfield. The company will permanently close its local dry sausage facility. Layoffs are scheduled to start on April 10, 2026. The plant's production will cease by August 21, 2026. Smithfield attributes the closure to changed business requirements.
https://www.westernmassnews.com/2026/02/09/nearly-200-people-be-laid-off-longtime-springfield-business/
The new performance distribution targets are roughly 18% 'Contributing' and 2% 'Underperforming.' Is leadership actually held to these same quotas, or is this just another squeeze on ICs? Word on the floor is that managers are using the lower tiers to offload people they personally dislike rather than using actual metrics. Between the forced rankings and the 3-year raise freeze, it feels like the IC experience is being sacrificed to pad the leadership layer.