#layoffs

And instead of fixing things, they've created a workforce that doesn't care anymore. The failure is just getting worse.

I've been avoiding this for months. I told myself things would get better, that I could wait it out. But after the last round of reorgs happened and the latest gossip about more cuts, I've accepted that I need to leave. I really didn't want to go through the interview process again. It's exhausting and demoralizing. But I feel like I have no choice anymore. I can't stay somewhere that makes me this unhappy.

How worried should I be about the coming days/weeks?

I've been unemployed since Cisco showed me the door in the last round and I'm starting to question everything. I see job postings everywhere, but I'm not sure any of them are real. I apply to five or six a day. I've done this for months. I've gotten maybe a handful of responses, all rejections. And every rejection is the same generic form letter. No feedback, no explanation, nothing that could help me improve. Just sorry, moving on with other candidates. If they're not actually hiring, just tell us. If I'm doing something wrong, tell me what it is. The silence and the mystery are making me crazy.

It’s time to lose the useless triplicate managers managing the managing . Long overdue . VZN doesn’t need these useless directors

Looking at 2026 and beyond….

AI making leaps and bounds, relentless offshoring, endless flood of H-1B Visas.

What is a American born man supposed to do to get ahead in life today when their either going to get laid off eventually or they already have with a jobs market that will just keep getting worse and worse with no “recovery” like we used to have in the past.

What’s going to happen to the men who have families to support and over 15+ years left on their Mortgages?

• Inflation is out of control
• American Birth rates are collapsing
• Young families are punished for having kids
• single family home prices are priced at clown world levels
• The purchasing power of the dollar is getting absolutely destroyed
• All of us who still have jobs are technically taking “yearly pay cuts” because even if you get a raise it’s sure as he-l not even keeping up with inflation.

UBI isn’t going to fix this. Alls you have to do is look back at history and see what it’s like for other countries when they live under “UBI” conditions (Cuba Today, Soviet Russia)

Late Roman Empire Vibes…

Hi haters - this fiscal Nike has reduced the work force by roughly 4% while revenues have been flat vs last year. Conclusion; productivity per employee has gone up; these lay offs do make sense.

A continuation of stream lining the org and setting Nike up for the next 10 years of growth only makes sense.

Every CEO needs a good story to tell Wall Street to justify a higher stock price. Hans & company claimed that they had an edge over the competition with mmWave 5-Yee. Dan & company claim AI gives them that edge. In any event, you can expect more layoffs in the future.

https://www.thestreet.com/employment/verizon-ceo-cuts-to-the-chase-new-layoffs-ai-future

Actually, a few: (1) What is the time that one is contacted to be told they are being let go – – or fired? (2) Are they still sticking to every other Tuesday or is it any day of the week? (3) with the mid year evaluations coming up, are they holding on the firings and layoffs until after the midyear reviews are presented?

General Motors is laying off 500 to 600 information technology workers. These job cuts affect employees globally. The company aims to reorganize its technology operations. GM stated this reorganization requires different skills and reduces overlap. This marks the latest round of white-collar job reductions for the automaker.

https://www.freep.com/story/money/cars/general-motors/2026/05/11/general-motors-layoffs-may-2026-job-cuts/90030898007/

Kyndryl has reported salary delays across several countries, citing 'technical issues' as the cause.
However, this appears to be a smokescreen for a liquidity crunch. While employees face financial uncertainty, the company recently spent $304 million on stock buybacks to artificially inflate share prices, effectively prioritizing shareholders over the very people who sustain the business.

General Motors announced a new round of layoffs. This adds to ongoing workforce reductions across the Big Three automakers. Richard W. Paul & Associates launched "Big Three Retiree." This free platform offers resources for Ford, GM, and Stellantis employees. It helps workers navigate pensions, buyouts, and retirement planning.

Detroit, MI

https://finance.yahoo.com/sectors/healthcare/articles/gm-announces-round-layoffs-michigan-183000073.html

Laid off from third party today. Phone calls being made, no calendar invite.

Berkley voters overwhelmingly rejected a Proposition 2 1/2 override. The measure failed by a nearly five-to-one margin. This outcome triggers position eliminations across multiple town departments. Layoffs will impact schools, police, fire, highway, and Town Hall. Seven teachers and several other employees are among those affected.

Berkley, Massachusetts

https://www.tauntongazette.com/story/news/local/2026/05/11/berkley-election-override-defeated-layoffs-class-sizes/90028501007/

In essence these layoffs and reorg have taken the winds out of my team. the morale is so low it’s un-existing. everyone sounds miserable, noone answers to queries. No one is motivated. my team was a top performing team before all of this. people are scared n rightfully so

anyone else experiencing the same?

Oregon educators protested outside Nike stores on Saturday. The "Just Sign It" campaign targeted Nike in Eugene and Portland. Protesters demanded Nike pay $2 billion to the state. They claim this amount was saved through a 2012 tax deal. Teachers linked Nike's tax deal to recent school district layoffs.

Eugene, Oregon

https://www.kezi.com/news/local/oregon-teachers-rally-at-nike-stores-after-200-layoffs-in-eugene/article_62e3e9b5-68d0-47c9-ab35-fff786798100.html

Dan Schulman made 34.3 million in 3 months in 2025 :He only became CEO on October 4, 2025 — so he earned most of that in just 3 months as CEO. Here's how:He received a $9.5 million RSU grant upfront just to compensate him for pay he forfeited when he left a prior investment firm to take the Verizon job. Then a $20 million RSU grant vesting in 2027, plus a $30 million PSU grant tied to performance — all loaded in at the start. Add his $1.5 million base salary and a short-term bonus target of 250% of base salary, prorated for the portion of 2025 he was CEO , and you get to $34.3 million fast.The CEO Hans Vestberg collected $31.2 million in 2025 compensation. So Verizon paid two CEOs over $65 million combined in the same year it laid off 13,000 workers.The system that allows this:The board sets pay. The board is elected by shareholders. But in practice, executive compensation committees at major corporations benchmark pay against other large companies — creating a ratchet where CEO pay only goes up, regardless of performance. Schulman got paid to leave his last job and came in loaded with equity from day one, before proving anything.
So to directly answer your question: he made $34.3 million largely through upfront equity grants and a golden hello — not because he earned it through results. The results come later, if they come at all.

Leon County Commissioners will discuss eliminating funding for the Council on Culture and Arts (COCA). COCA is a local nonprofit organization that funds year-round arts programming. Executive Director Kathleen Spehar warns this funding cut could cause layoffs and reduce services. County staff recommends transferring COCA's grant programs to the county’s Division of Tourism. This change aims to save costs and protect against future financial pressures.

Tallahassee, Florida

https://www.wctv.tv/2026/05/12/coca-warns-proposed-funding-cut-could-lead-layoffs-reduced-arts-programming-leon-co/

Council on Culture and Arts |

Starbucks is laying off 61 corporate tech workers in Seattle. This action results from a technology department reorganization. Affected roles include project managers and systems administrators. The layoffs are scheduled to begin on June 20. All impacted employees will be separated by August 28.

Seattle, Washington

https://www.seattletimes.com/business/starbucks/starbucks-lays-off-61-tech-workers-in-seattle/

Indianapolis Public Schools announced $17 million in central office cuts. This marks the district's second round of budget reductions this year. The cuts involve eliminating approximately 28 central office positions. Enrollment declines and an expiring property tax levy are driving these financial pressures. Overall, 87 employees have been reduced from the district's workforce.

Indianapolis, Indiana

https://www.wfyi.org/education/2026-05-11/ips-17-million-central-office-cuts-enrollment-referendum

The Akron school board approved $11 million in budget reductions. This action prevents a financial shortfall for the upcoming school year. Seventeen staff positions will be eliminated from the district. Six deans will move into available teaching positions. These measures aim to prevent future state financial oversight.

Akron, Ohio

https://www.beaconjournal.com/story/news/education/2026/05/12/akron-school-board-approves-11-million-cuts-avoids-teacher-layoffs/90034259007/

Providence is implementing changes to its behavioral health model. These changes involve the elimination of 40 positions. The layoffs affect staff at Sacred Heart. The company is restructuring its health services. Further details about the new model were not specified.

Spokane, WA

https://www.kxly.com/video/providence-announces-changes-to-behavioral-health-model-layoffs/video_249f9d38-19db-5cef-94fe-2af617887158.html

Online marketing company ZoomInfo plans to eliminate 600 jobs. This represents about 20% of its global workforce. The news accompanied weak financial results, sending the company's stock down 28% to an all-time low. ZoomInfo reported flat sales of $310 million in the first quarter of 2026. Investors are increasingly concerned about competition from artificial intelligence.

Vancouver, Washington

https://www.oregonlive.com/silicon-forest/2026/05/vancouver-company-will-lay-off-600-worldwide-stock-falls-to-all-time-low.html

The Twin Falls School District avoided staff layoffs. Superintendent Brady Di-kinson announced this to the school board. The district eliminated 18 positions through attrition. These cuts resulted from staff departures and retirements. Declining enrollment prompted these reductions and more are expected.

Twin Falls, Idaho

https://www.idahoednews.org/news/twin-falls-avoids-teachers-layoffs-cuts-staff-through-attrition/

MRI Software reportedly announced layoffs affecting its workforce. Up to 200 workers are reportedly impacted by these job cuts. The company specializes in real estate management and investment software. MRI Software is based in Solon, Ohio. The firm was previously known for its hiring practices.

Solon, Ohio

https://www.crainscleveland.com/real-estate/commercial/ccl-mri-layoffs-2026511/

GitLab announced a company-wide restructuring effort. The software company plans to reduce its workforce by June 1. This restructuring aims to meet the demands of the "agentic era." Changes include flattening management layers and reorganizing R&D teams. The CEO stated AI agents will automate internal processes, affecting roles.

https://www.businessinsider.com/gitlab-layoffs-memo-2026-5

https://www.retaildetail.eu/news/fashion/strike-at-nikes-european-distribution-center-in-protest-against-the-restructuring-plan/

Ghost jobs are online employment listings for jobs that either do not exist or are not vacant for which the company has no immediate intention of hiring. About 30% of companies use this tactic to collect resumes for future needs, create a false illusion of growth and to intimidate current employees into thinking their jobs are on the line if they don't improve their performance.
If you haven't heard back about a job you posted for, it's not you. It's them playing head games. Clifton has been doing it for years. Check it out for yourselves. You may find YOUR job listed.

Are we out of the woods yet with the low stock price yet? Looks good so far. Hopefully everyone onsemi layed off in the past can enjoy some of the benefits to the price rise when they sell and put the onsemi experience behind them.

Oh sure, Citi pull out what they think is a big win by luring in some major director from other banks here and there. They make sure that hits the headlines but as you can see, they don’t stay very long.

Its a money shell game. These guys move from company to company for more money each time they move. They have no interest in making Citi a home.

Let’s get the severance going as fast as the business combination. KthxBye

They have lost all moral respect for human beings .. They feel that giving people a $20 and or 30 $ merit increase per month is going to make someone satisfied and or work in the office ? Has this company lost its mind? The huge CAMPUS that they built in Belgrade only 5 years ago , and now giving people $20 raises per month? Are they serious? They are looking to pay for the same positions a salary that they were paying 12 years ago .. .They are still trying to pay people in Belgrade $800 a month... That story has sailed... Then from what everyone heard is they fired the president of the Labor Union in Belgrade just so the top players could run the company.. This company has become criminal . All people are doing now is coming into the office and socializing all day ... what a waste of work force .. Then again while the GM in Serbia and his buddies are all profiting while they can ... not sure what is going on but people cant live on a $20 pay increase.. this is so low .. this company should be prosecuted

So we’re considered a mega center under the mobility purple contract and we’re locked in at almost $39 an hour and there’s only about 60 of us right now and we won’t ever have people on our title anymore per our union. We all work 5 days in office. We’ve been doing mass hirings for almost 2 years and these new reps are also service reps but they have a hybrid title at the end of their name and get about $21 an hour plus commission and they’re a mix of English and bilingual. At the end of the day we all take the same calls, have the same center manager, report to the same floor/building but there’s over 100 of the hybrid reps. Can they get rid of us since we’re getting paid more and not having to meet numbers to get commission? It’s been like this for 2 years but there have been rumors that they can remove us and keep the reps that are hybrid. How can they get away with that if it’s true?

The biggest past baggage is still heading the testing and that is resulting in every day deterioration of Coupa quality with many escalations coming every day. Now next list of layoffs is ready just after the current events and she is destroying everything just to save her job. All strong performers under her have left because of her incompetence. Every one in testing team is trying to move to development or leave the company and only people left are those who are not getting anything else. Worst to come for Coupa quality and the remaining people !!

Oregon teachers rally at Nike stores after 200+ layoffs in

Nike sued over tariff price hikes and potential 'double recovery' refunds

Nike Is So Cooked.’ Adidas Goes Viral With New World Cup Campaign as Its Rival Struggles to Find Its Footing
https://m.youtube.com/watch?v=mJJY53qhJe0

Adidas Is Winning The Hearts And Minds Of Consumers Globally As Nike Falls

NIKE MARKETED A SUB-2-HOUR MARATHON. ADIDAS JUST DID IT

Why Nike’s CEO bought $2 million worth of shares at a low point for the company

Nike Slapped With Class Action Over Customer Data Breach

Nike sued over data breach, allegedly exposed credit card information

Massive Leak of Nike Internal Documents Just Surfaces on Dark Web

Nike faces federal probe over allegations of discrimination against white workers

Decades After Nike Promised Sweatshop Reforms, Workers in This Factory Were Still Fainting

Nike Stock Faces Insider Selling Scandal Amid Strong Earnings

Unsealed court records reveal new details about Nike s-x discrimination lawsuit

Nike Stock Sinks to Lowest Level Since 2014 as Weak Sales Outlook Spooks Investors

What Happens if Mbappé Leaves Nike for Adidas?

Nike is struggling to stay culturally relevant in China

Nike’s disappointing guidance signals its turnaround is farther from finish line than we hoped

Wall Street loses patience with Nike as turnaround drags, China weakness deepens

Nike Pays Three C-Suite Lawyers $27.2 Million Amid Turnover

Nike agrees to pay Hong Seng Knitting workers after years of student protests

Former Facebook and Nike diversity manager gets 5 years in prison for $5 million fraud

Nike Faces Unprecedented Stock Plunge Amid Strategic Missteps

Nike’s business plan was a ‘ticking timebomb,’ shareholder lawsuit says

Nike Faces Amended Securities Fraud Case

Nike cuts 1,400 roles in second round of layoffs this year

Wow, this article triggered me! Why? For decades radio measurement was exclusive to Arbitron. Much like Nielsen, they were considered a monolopy. The thought of Nielsen one day buying Arbitron thus hoarding both TV/Radio measurement was unheard of...until it wasn't. As digital became pervasive, and the TV landscape started to change at a drastic rate with streaming...somehow the gov't was convinced Nielsen buying Arbitron would be a good thing. But for who? Not us employees, either Arbitron or Nielsen. I was on the TV side during this buyout and basically overnight we were ordained radio "experts" with full responsbility of managing all client contracts and relationships. Middle mgt and finance didn't give a cr-p how you pulled it off...as long as you kept that money coming in. Basically double the work for the same compensation. It was a nightmare One of the reaonons I eventually burned out. I can only imagine how hard it was as well for the Aribtron folks now having to listen to Nielsen mgt BS. Anways, seems none much has changed. Read the article.

https://barrettmedia.com/2026/05/11/nielsen-ceo-karthik-rao-radio-promise/

Announced last Friday of more commercial impacts with SST. Those informed have 60 days left.

That's what we can find solace in.

I am expecting more layoffs. I have no insider info. I feel that they are going to keep pushng in the same direction. This means job cuts.

Lookat the stock price. It has gone up several times over since 2023, and guess what else started happening around then? The employee count began dropping hard. That is not a coincidence.

The stock price is what they are watching. it's not our frustration stress & complaints. Not our objections to RTO. Not 100s of posts about loyalty. Nah, not workload too. None of that matters when the number they care about keeps moving in the direction they want.

And now they are starting to believe AI can make human labor worth less than it is today. I hope that is wrong. I really do. I am almost certain it will not. But it sure feels like that is where this is headed.

BD laid off a bunch on Friday before Mother’s Day. Not sure how many but it has been pretty constant for the year that groups get let go, many of them have been there a long time.

You are invited to apply for other jobs within BD. Bleh.