#layoffs

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Toptal Forecasts Remote Tech Roles Expanding Despite Cuts

Toptal predicts growth in remote tech roles. These jobs demand extensive prior experience. This trend happens amidst broad technology job cuts. More than 150,000 technology positions were cut by April. AI integration increases demand for expert workers.

https://www.msn.com/en-us/news/insight/toptal-sees-remote-tech-hiring-growth-despite-sector-layoffs/gm-GM25F0E534?gemSnapshotKey=GM25F0E534-snapshot-3&uxmode=ruby


German Biontech to Reduce Workforce by 1,800

Biontech plans significant production cuts. This German company will reduce its workforce. Approximately 1,800 staff members will depart. Decreased demand for COVID-19 vaccines drives this decision. Biontech developed its vaccine with Pfizer.

https://medwatch.com/article19266743.ece


Constellation Brands to Exit Sonoma Winery, Seven Positions Cut.

Constellation Brands is closing its Quarry Lake Winery. This facility is located south of Sonoma. Seven workers face job loss on June 25. The closure is part of wider industry trends. Decreased demand drives these market adjustments.

Sonoma, California

https://www.pressdemocrat.com/2026/05/05/constellation-brands-to-close-former-ravenswood-winery-in-sonoma-layoffs-planned/


Coinbase Reduces Employee Count, Cites Market, AI

Coinbase announced it will cut approximately 700 jobs. This represents about 14% of its global workforce. The company cites crypto market volatility and cost reduction as reasons. It also aims to reposition the business for the artificial intelligence era. These restructuring efforts are expected to incur $50 million to $60 million in charges.

https://www.reuters.com/business/world-at-work/coinbase-cut-about-14-workforce-2026-05-05/


Concerning new job posted - AI Engineer for FP&A

A new job has been posted, they are looking to hire someone to develop AI to take processes, procedures, analysis, etc out of the hands of current workers and into the bowels of AI. The worst part is that the job description includes making the AI in compliance with audit standards and SOX public standards. All while following the rules of controls and separation of duties? How can this be taken seriously? Trusting that data is properly handled, accounting is done up to high standards, and that our financial statements are accurate in the hands of newly developed AI? More layoffs coming to FP&A if this job gets filled? Whoever takes this job will be a yes-man and completely wreck our financial accuracy.


No Love for Tenured Employees

Maurice and is cronies no longer care about tenured, experienced employees. From now on there will be no promotional opportunities for supervisors and above of they are not located at a hub site. Even if you have worked for the company for over 20 years, if you live in Marion, you're sc--wed. No promotion for you. Apparently, only employees in hub locations are now qualified to promote. I'm deeply saddened that HCSC has become such a cr-ppy employer and thinks so little of those of us who have dedicated so many years to ensuring the success of this company.


Store closures and motives FYI

So it starts, now well publicized on the news Sycamore is closing stores under the guise of security or safety, and while that's a concern, their goals are to get out of leases to reduce their debt obligations (somewhat good), and pad their pockets by selling off any real estate that is owned. However, it is NOT with improving the business in mind. It is purely a way to pay themselves. Look at their history on their other large holdings, Staples they are continuing to reduce stores under the premise they are low performing stores, but in many cases it's just to cook the books. Essendant, they sold off the majority of their real estate for millions as a cost reduction for low performing, closed the majority of their business, but never invested back into the company. Talbots, Hot Topic, Belk, Pure Fishing they are closing stores/warehouses/offices and leaving just a shell of businesses they will never invest back into to improve. Sycamore is evil, and just plays with people's lives to line their own pockets over and over again.


LIST IS RECEIVED

As a people manager, I can confirm I received list of associates I'll have to let go.

My manager probably received the same.

We all have mandatory trainings tomorrow to break the news in stages on Thursday.

Just like level 4-7 associates, level 8 and above won't know their date until Thursday.

I might well be outside the door after breaking news to two of my exceptional performers on Thursday.

So it is happening.


A gut-wrenching betrayal

HCA Healthcare’s offshoring of American IT jobs to India is a gut-wrenching betrayal that should outrage every American who values fairness, loyalty, and the integrity of our healthcare system. When CTO Sai Adivi announced the end of many American IT careers in an impromptu, secretive, BCC’d Webex call, citing a "successful pilot" and the move to "Phase 2" while referencing other Fortune 100 companies, the message was already cold. But the kn--e twists deeper with the detailed plans for affected employees to spend their final months in left-seat/right-seat training and job shadowing, meticulously documenting every skill and technology in SOPs so their Hyderabad replacements can take over. All of this while managers in large group chats including the affected employees post cheerful "happy work anniversary" congratulations.
This is not business as usual. This is a company founded by American physicians on American soil, built by generations of dedicated American workers, and kept afloat by nearly 47 million mostly American patient encounters every year, with tens of billions pouring in from American taxpayers through Medicare and Medicaid. HCA’s stock languished in the low-to-mid $20s until the 2012 Obamacare ruling dramatically boosted its insured-patient volume and share price. Yet today, at well over $400 per share, HCA looks its own people in the eye and offers veteran employees with 20+ years of service a severance package well below Fortune 100 averages, saying their knowledge, sacrifice, and loyalty are worth less than the savings from shipping jobs to Hyderabad.

The "train your replacement" mandate is cruel and humiliating. Forcing dedicated Americans to dismantle their own careers, hand over hard-earned institutional knowledge that keeps hospitals safe and patients protected, and then sit idle answering questions until the India team can stand alone, while the company pretends everything is normal and business as usual, is an insult that adds financial hardship, emotional devastation, and profound disrespect on top of job loss. It risks patient-care disruptions, erodes decades of U.S.-based expertise, and treats people who helped build HCA into a powerhouse as disposable.

HCA’s founders spoke of putting patients first. Today’s leadership, under the continuing influence of the Frist family, who still hold massive ownership and board power, has utterly abandoned that vision. Patients, American workers, and the taxpayers who subsidize this empire are no longer the priority. Cheap foreign labor and swollen profits are piloting the ship.

Politicians who accept campaign support, lobbying influence, or oversee the massive Medicare and Medicaid dollars flowing to HCA must be held accountable. Demand they investigate these practices, protect American jobs in critical healthcare infrastructure, and ensure taxpayer money doesn’t fund the offshoring of American livelihoods.
Shareholders and the board (including Frist family representatives) should also face pressure to replace leadership that has so clearly failed the original intent of the founders. The mission was patient care and human life, not maximizing margins by discarding the American workers who made it all possible.

American patients deserve a healthcare giant that actually protects their data and delivers reliable care with professionals who understand them. American workers deserve employers who honor their service instead of treating them as disposable after decades on the job, especially while forcing them to train their own replacements and pretending everything is normal in the company chat.

HCA should be beyond ashamed. It should immediately halt this offshoring, retain and invest in its American workforce, and rediscover the patient-first values its founders claimed to champion. Anything less confirms that for this company, loyalty, country, basic human decency, and the American dream mean absolutely nothing when profits are on the line.

This cannot stand. Not for HCA Healthcare. Not for any other American company that relies on the American taxpayer for its survival.

This post truly deserved a thread of its own so it could be seen by more people. OP is @qm+1kqg2w845.


Value...? Or value trap?

Less than a couple years ago, this stock was above $200 per share. Now, it's a little above $70 USD. Looks like there's been several key executive exits, a number of cost-cuts, layoffs appear commonplace at the line level, and the big one - a lack of topline growth. Other than some strong opinions about layers upon layers upon layers of management protecting management - the culture continues to appear as a bright light. That's a good sign, right? What's your take here? Time for a position...or time to wait it out...or keep walking? Is this company a value or a value trap?


Thank you, Vicki Hollub!

With a heart full of appreciation, l want to say a BIG THANK YOU to our amazing CEO, Vicki Hollub. Thank you for all you did for Oxy’s employees. Thank you for more than doubling Oxy’s production and for your wisdom and foresight in lowering Oxy’s risk in the Middle East and increasing U.S. domestic production. You’ve reshaped Oxy to be a premier oil and gas company. You’ve taken the lead where others are afraid to step into. You are the first woman to Lead a major oil and gas company in the U.S and you didw a terrific job. You’ve also stabilized Oxy (no massive layoffs) which has allowed talents to focus more on their jobs rather than worrying each time the price of oil goes down. Words cannot express how much you did for Oxy as a whole. I wish you long life and the best in your retirement.


Severance Packages

As many have heard the finance transformation will affect many of the jobs for the Houston finance team. That being said, are any of you all willing to share past severance agreements/packages that Enbridge has offered during past restructuring or layoffs? How many weeks per service year or minimum weeks? Will the bonus be prorated?


Spirit Airlines Ends Operations, Nearly 1,000 Las Vegas Jobs Cut

Spirit Airlines announced its permanent closure this weekend. This decision led to the layoff of 999 employees in Las Vegas. The affected staff included flight attendants, first officers, and captains. The airline cited rising fuel costs and deteriorating business conditions. Spirit Airlines failed to secure additional operational funding from the government and lenders.

Las Vegas, Nevada

https://www.ktnv.com/news/nearly-1-000-employees-laid-off-in-las-vegas-following-spirit-airlines-end


NCFO leadership

Title says leadership...should say LACK of Leadership.
With all thee
With all these laborer layoffs I have wondered where the leadership is.
Local...nothing...not even crickets.
General chairman is same as Local.
Now for the real question...NCFO President.
Mike "Jimmy Hoffa" Pistone! The son in law of previous union president that was "handed" this position. Hasn't been seen nor heard from since 2021.
And good Ole Travis Prethos is dry effn every laborer out there being a Union/Company man.
Time for change at the top.


AI Drives El Paso Layoffs; Oscars Prioritize Human Work

AI and automation are leading to job reductions in El Paso. HGS Solutions recently laid off 92 workers at its El Paso facility. These job cuts mainly impact customer service and back office positions.

El Paso

https://hoodline.com/2026/05/ai-layoffs-gut-el-paso-paychecks-as-oscars-draw-line-on-robot-scripts/


Fayette County Public Schools Announces Staff Reductions

Fayette County Public Schools has filed a notice. This notice concerns significant layoffs. These staffing decisions are reportedly difficult. They affect employees who care deeply about students. The district aims to align staffing with enrollment and program needs.

https://www.bizjournals.com/memphis/news/2026/05/04/fayette-county-schools-files-notice-layoffs-state.html


Gaston County Schools Cuts Support Staff Amid Budget Strain

North Carolina school budgets are strained, leading to staff layoffs. Gaston County Schools is eliminating over 170 support staff positions. These cuts include school counselors and special instruction resources. Parents and experts express concern for student mental health needs. Remaining staff face increased workloads and reactive crisis management.

Gaston County, North Carolina

https://www.qcnews.com/news/u-s/north-carolina/experts-worry-student-mental-health-will-suffer-with-budget-cuts-layoffs-across-nc/


Palmer Regional Airport Plans Layoffs After Spirit Exit

Arnold Palmer Regional Airport anticipates staff reductions. Executive Director Maurice Haas confirmed upcoming layoffs. The airport has 50 employees. Spirit Airlines recently canceled all flights and ceased operations there. Spirit was the airport's only commercial airline.

Latrobe, Pennsylvania

https://www.lightnercommunications.com/2026/05/05/layoffs-coming-at-arnold-palmer-regional-airport/


Brick Township Schools Reduce Staff, Raise Taxes

Brick Township school officials approved a $178 million budget for the upcoming school year. This budget eliminates 40 positions and will raise local taxes. Class sizes are projected to increase across all school levels. These changes stem from significant state funding reductions. The district is currently litigating against the state over these funding cuts.

Brick Township, New Jersey

https://www.nj.com/news/2026/05/nj-township-schools-face-layoffs-and-rising-class-sizes-after-state-funding-drop.html


Spirit Airlines Ceases Operations, Florida Workers Laid Off

Spirit Airlines has ceased all operations. The airline announced permanent closure of all its U.S. facilities. This includes five locations across Florida. Almost 5,000 employees in Florida were laid off. Rising fuel prices and geopolitical events caused the shutdown.

Florida

https://www.naplesnews.com/story/news/state/2026/05/05/spirit-closes-florida-workers-laid-off-orlando-fort-lauderdale-miami/89941486007/


Coinbase Reduces Workforce, Citing AI Efficiency Gains

Coinbase is reducing its workforce by 14%. CEO Brian Armstrong shared the news on X. He cited a need for greater company efficiency. Armstrong also noted AI's impact on changing work processes. Engineers now use AI to complete tasks in days that previously took weeks.

https://www.businessinsider.com/coinbase-layoffs-ai-brian-armstrong-job-cuts-letter-2026-5


UnityPoint Health Leads Iowa Job Reductions

Six Iowa employers reported layoffs in April. A total of 572 workers were affected. UnityPoint Health led these job reductions. This data came from Iowa's WARN site. Northeast Iowa experienced significant impact.

https://www.desmoinesregister.com/story/money/business/2026/05/05/iowa-layoffs-april-unitypoint-wells-fargo/89889465007/