#layoffs

Watch the link below titled "Why Companies Are LYING About Mass Layoffs":

https://www.youtube.com/watch?v=VEA7vQKJ8aQ

From her start in 2016 to mid 2025, Oxy’s value dropped from around ~$54 billion to around ~$40 billion.

I was not rif'd but I am disgusted by the holiday activities that are being shoved down our throats. Most laid off employees are not gone yet and leaders are trying to shove "fun" events down our throats. Meanwhile, we are all so overloaded with work, that the idea of participating in a fun event just feels like another task that is being piled onto us. Now on top of all the extra work, you want me to cook for my coworkers too?

Integrated DNA Technologies (IDT) is laying off employees across Iowa, officials confirmed Thursday. The company says 4.7% of its Iowa workforce is affected, though it didn’t share exact numbers. IDT is headquartered in Coralville, and the timing of the layoffs is still unclear.

https://www.kcrg.com/2025/12/11/integrated-dna-technologies-lay-off-workers-across-iowa/

Pfizer is implementing significant layoffs in Switzerland as part of its global cost-cutting initiative. The pharmaceutical giant plans to reduce its Swiss workforce from approximately 300 to 70 staffers by the end of the year. This consolidation will result in about 230 job cuts, affecting 100s of employees. The company stated the moves are to streamline and realign resources, reduce complexity, and optimize work. These actions align with Pfizer's broader goal of realigning R&D, reducing administrative expenses, and optimizing manufacturing operations.

• https://www.fiercepharma.com/pharma/pfizers-cost-cutting-drive-reaches-switzerland-where-company-plans-lay-hundreds-year-end

Dr-g developer Rezolute is considering potential layoffs. This decision follows the recent failure of a late-stage clinical trial. The article does not specify the number of employees targeted for these reductions. No details are provided regarding the specific departments or roles that will be affected. The company's strategic evaluation of its workforce is a direct result of the clinical trial's unsuccessful outcome.

The Long Beach Unified School District (LBUSD) is proposing layoffs impacting hundreds of its employees. Proposed cuts target teachers, school employees, librarians, media assistants, and various central office and site-level support roles. These actions are a response to an estimated $100 million budget deficit and a need to reduce expenses. The deficit is attributed to a 20% decline in student enrollment, reduced state and federal funding, and increased operating costs. Teachers and union members are actively protesting these potential layoffs, urging the district to consider alternative cuts.

https://sigtrib.com/no-layoffs-teachers-school-employees-unite-against-lbusd-budget-cuts/

Folks, We all knew it was a farce from the beginning. 95% of those selected to join LCS were known to be unproductive, unoriginal yes men backstabbers.

It is time the leadership say that all from top (ex-VP to lowly minds from rando tech people with fake strategic titles) who have been an energetic part of theLow Carbon Solutions fraud be laid off.

They're looking to downsize 19 full time employees serving healthcare workers. It's bad out here in Canada rn.

Section: Notes to condensed fin. stmt. Restructuring
Oracle has spent $826M so far ending Nov 30
Oracle has allocated $1.6B in restructuring.
So additional amount $774M is going to be spent in next 3-6 m for sure.

Expected count is around 13000-15000 job cuts based on the above money.

I’m hearing some talk on Distribution might be laying off next year. Which is now only a few weeks away. Anyone hearing this too or something similar?

Heard there was layoffs at Hertz LAX and some field support specialists. Any where layoffs are happening?

The 13k that were laid off is just the beginning. There will be more layoffs coming in 2026 which will include a lot of bottom line employees. This is why it is important for front line reps to unionized. Don’t let HR and higher management try buying your silence with free lunch and scare you with them constantly showing up to your store. The company is also going to be very strict when it comes to reps, managers and higher leadership selling with integrity. The company is focusing on customer satisfaction which means they will start firing people if they conduct themselves in gray area practices.

Until February...

Baltimore Gas & Electric (BGE) confirmed on Wednesday that layoffs will be coming to its workforce.

A BGE spokesperson said that the company decided to "strategically scale back or pause certain workstreams, which will lead to a reduction in work."

https://foxbaltimore.com/news/local/bge-layoffs-workforce-maryland

Word on the street is that CVS Caremark is laying off staff including management due to "restructuring." Offering rehire in other positions at lower lay lol Fu-k this company

If it’s true that we’re heading into a phase of rolling layoffs lasting through the end of February, then the chances of losing a job go up significantly. The earlier you double down on your search, the better your odds of landing at least one offer. The pickings have been very slim out there, and it’s only getting worse.

God knows how many jobs will be wiped out by the coming major reorg. This holiday season will be miserable for everyone, both those already laid off, and the rest of us stuck in a limbo. The economy is terrible, inflation keeps eating away at everything, and most of us can barely cover basic living costs. Who can survive being out of a job for longer than a month or two?

https://www.wbal.com/bge-announces-employee-layoffs-ahead-of-holidays

I don’t think it’s legally allowed, but checking just in case.

Charter Communications said it is transitioning the work done at the Portland call center to other U.S.-based centers effective immediately.

https://wgme.com/news/local/charter-communications-lays-off-176-maine-employees-spectrum-call-center-unemployment

Take it from someone that went through an "affiliation", as soon as your guaranteed employment period is up, there will be mass layoffs.
Highmark will outsource all your jobs to India. Jump if you can.

After winning an approval decades in the making last year—and shuffling its executive roster throughout 2025—Geron Corporation is scaling back its head count.

https://www.fiercepharma.com/pharma/geron-lay-13-workforce-quest-slash-operating-costs-maximize-rytelo-launch

So this is just classic. They laid a ton of people off and the system that we are all supposed to log into to review our severance and search for jobs isn’t working. I personally know over 35 people that aren’t able to login. We all just keep getting told we’re working on your ticket. This is great, get fired on Tuesday. Told the next steps to look for a job and view your details about your severance is to login and it’s still working and nobody can answer any questions. Class act.

Looks like the layoffs are put on hold for the time being with the acquisition of KC.

Hope you all still hanging in there aren't getting abused between doing more with less, major changes to ACA, plus onboarding another Blue on top of it.

Seems to me like they posted a bunch of engineer 3 and higher roles all for hyderabad/bangalore. Didn't we just lay off a bunch of those roles in August from Seattle? What a coincidence!

Careers page (engineering): https://ffive.wd5.myworkdayjobs.com/f5jobs?CF_-_Job_Posting_Category_Extended=ebc0867ff0da10015d4881e40be60000

How many total were cut?

From what I can tell, the majority of the cuts seems to be behind us now, and the only ones left are probably those they never managed to get in touch with during the opening stretch (out sick, vacation, or whatever). Everything at this point feels like the final sweep, with the remaining folks showing up as delayed confirmations.

There will be a huge round of layoffs happening in Optum with notification date of Jan 22. Every business is at risk, as Corporate handed down mandates of between 10%-30% reductions depending on the business. More happening in Feb & Mar as well. Oh and RRP Funding STILL hasn’t been approved.

"This team should not exist."

"I appreciate everything you do, every day."

While showing a deck that is clearly a roadmap for getting rid of the entire group, and other comments that made it clear they intend to keep nobody from that group. It's obvious the reason they're bringing so many H1-B into the bank is that they have zero loyalty to anyone other than their paycheck.

Has anybody else noticed this? Not all, I know a few recent hires who were also laid off, but most of the people I know who were shown the door are at best in their late 40s and mostly in their 50s and above. I'm not surprised if the goal is to get rid of higher earners, but it does make me question the legality of it all.

"Microsoft announces $17.5 billion investment in India after laying off thousands of Americans in 2025"

https://www.msn.com/en-us/money/other/microsoft-announces-17-5-billion-investment-in-india-after-laying-off-thousands-of-americans-in-2025/ar-AA1S6We2?ocid=entnewsntp&pc=U531&cvid=eac23231c5ae4276c2dfc9a72dc23e82&ei=14

The silence in Honeywell is concerning. The more I think about what is coming next and seeing how much staff cuts are happening, a shrinkage is inevitable. There are only two paths that seem possible:

1. HON LT and BoD already have some transformational M&A of some type of a mega merger or mega acquisition in the works to shape the new narrative, or
2. Focus on the Aero split just like GE did and then handover Honeywell to a new CEO to drive the next phase of transformation to a different company.

What do these mean for staff? What else could happen next?

With the stock tumbling i don't see any way around than laying off more

The executives at Verizon who announced their retirements are getting big bucks to leave at the expense of employees. Most who leave have do-nothing jobs with no direct reports until they're off payroll, then get 60 weeks of severance with full benefits. These are the people who made the bad decisions, like buying Yahoo, over-supporting volunteerism, DEI programs, ERGs, Super Bowl parties, private jets, big consultant spends, etc. etc. F them.

It seems that there was a meeting yesterday between European Human Resources and the unions.
I imagine that the layoffs were discussed. Do you know if they have been announced in certain countries?
I haven't received any feedback in Austria.
Has anyone heard anything?

How many people got let go yesterday

With all these leadership announcements, do we think these senior leaders (Manmohan Mahajan (Finance), Lanesha Minnix (legal), Beth Leonard (Corporate Affairs), Erick Rudiak (CISO), etc., to name a few of the most recent ones) all "decided to leave Walgreens" on their own or, do you think Sycamore laid them off?

Follow up on TRo:
To nobody's shock, the actual reason behind RTO is due to inflate real estate value.
Confirmed increase in investment in local hire, goal is to eliminate remote hires entirely.
Current remote employees will be eliminated over time, first on the chopping block.
Expect a surge of investment into office spaces.

Confirmed february layoffs

Any RIFs or reorgs today?