#layoffs

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Nike Cuts 172 Jobs in Missouri

Nike plans significant workforce reductions in Missouri. A WARN notice detailed the upcoming layoffs. 172 employees will be affected at its St. Charles facility. The job cuts are effective starting June 26, 2026. No union representation or bumping rights apply to these workers.

St. Charles, Missouri

https://101theeagle.com/nike-missouri-layoffs/


Anna Maria College Announces Closure, 150 Employees Affected

Anna Maria College will permanently close at the end of the year. The private Catholic college is located in Paxton, Massachusetts. At least 150 employees will be laid off in the first round. The college cited years of financial pressure for the decision. Layoffs are scheduled to begin between June 22 and June 30, 2026.

Paxton, Massachusetts

https://www.masslive.com/news/2026/04/mass-college-closing-after-80-years-laying-off-150-employees-in-first-round-of-cuts.html


Abbosh get massive raise for “Partially met expectations” rating

https://www.thetimes.com/business/companies-markets/article/activist-investor-backs-pearson-ceo-pay-rise-c2ds8j55d

This is really obtuse to give this joker a pay raise while employees suffer through no raises, compressed and lowered pay scales, artificially calculated demotions for profit.

The fleecing of workers is so obvious, but here we are.


Severance

Documents coming last minute is ridiculous. We've had the draft since November so any challenges should have already been made. Stretching out payment is disrespectful but I guess respect went out the window when they told us we were surplus. We just want to move on and they want to make it difficult.


My stomach is in knots most Monday/Tuesday following a payday, anyone else?

And the weird thing is, I'm relatively insulated. I have low expenses, and have built up oversize savings after several years working for a company doing layoffs all the time. I think even if I was somehow fired without severance, I'd probably be fine. But living with the constant uncertainty is ki-ling me. This kind of low-level, continuous underlying stress cannot be healthy. I don't know how people with kids or just less of a financial cushion are doing it.

I'm sure I'll get some trolls in the replies but just curious if anyone can relate.


The ugly side of waiting

I've been through several layoff cycles now and every time, as soon as first rumors hit, the office turns into a competition. People stop sharing, managers get cagey, friends watch each other sideways...you get the picture. It's exhausting.

My approach now is simple. I assume my number might come up and keep my options open. I update the resume every month and if it happens, it happens. Being prepared is the only way to stay sane.


Blocked from applying outside my LOB

I heard from a friend about a role in GT that’s currently open. They sent my resume and cover letter to the hiring manager on Friday. He tells them today that the position can only be filled from within GT. I sit in another LOB. Can anyone explain why this is happening?


No future here

Pay is below market, raises don't exist, and talent gets zero recognition. With all the layoffs, individual contributors are doing management work on top of their own jobs. Meanwhile everything keeps getting offshored. There's literally nothing positive about this place.


Taking control

I stopped waiting around after the last round of cuts, and I've been sending out resumes for weeks now. Got a call yesterday from a recruiter at a smaller firm. First interview is Thursday. I'm nervous but it feels good to be doing something instead of just waiting for my turn on the list.


The real method behind the list

I've been through a number of layoff rounds here and the pattern's always the same. Pull the salary report. Highlight everyone above a certain number. That's the core group. Then grab a few lower paid people from different teams so the demographics look balanced. It's not about performance. It's never been about performance.


Coming Soon!!! Managers to receive IM ratings if negative survey results

Have a friend and former coworker that works in HR and was just assigned to a new project - from everything they've heard, Managers will begin receiving Inconsistently Meets (or worse) ratings if survey scores are down. Thy're trying to see where the boundary line should be, but its going to start close to small team leads and upward to Director. This incudes participation numbers AND overall engagement scores. Good news is that trending #s from prior surveys will be considered however i doubt that is going to help considering how messed up everything is around here!!!
Chainsaw cometh. we've been warned


Job market is brutal

My son graduated last year with good grades and two internships. He can't get a single interview for entry level roles. Every job he applies for has hundreds of applicants. My guess is half of them are people who were laid off from senior roles including from here and are just trying to get anything. It's just very, very bleak right now.


ExxonMobil to slash low-carbon spending by a third

Oil major will cut investment over next five years from $30bn to $20bn

Maxine Kelly and Martha Muir in London

PublishedDec 9 2025

UpdatedDec 9 2025, 13:21

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https://www.ft.com/content/dc0f4207-7eb3-482d-8f28-e2b15ed07e9f?syn-25a6b1a6=1

ExxonMobil said it would slash planned spending on low-carbon projects by a third, as oil majors pare back clean energy initiatives and pivot back to fossil fuels.

The Texas-based company, the largest US oil producer, also said in a strategic update on Tuesday that it planned to lift earnings and cash flow by $5bn by 2030, with no increases in capital spending.

Exxon said spending on low-carbon initiatives would be cut to $20bn over the next five years, down from about $30bn previously. The company also recently paused plans for a $7bn hydrogen plant in Baytown, Texas, citing low customer demand.

Some of the world’s biggest oil and gas companies are pulling back from low-carbon projects and returning their focus to fossil fuels, amid expectations that oil demand will remain more resilient and that the green transition will take longer than anticipated.

President Donald Trump has made the promise of abundant, cheap oil and gas a key pillar of his second term and pledged to “export American energy all over the world”.

UK oil major BP in February reversed its push into clean energy to refocus on fossil fuels, with chief executive Murray Auchincloss saying the company went “too far, too fast”. It also shelved plans for its hydrogen and carbon capture scheme in north-east England.

Shell also scrapped a 2021 commitment to let oil output fall by 1 per cent to 2 per cent a year until 2030 and wrote down the value of its $1bn wind business. However, other companies such as TotalEnergies have continued to invest in their renewables arms.

The interior department will on Wednesday hold a lease sale for 80mn acres in the US Gulf, as mandated by Trump’s signature tax and spending bill, which analysts at TD Cowen expect to attract interest from Shell, BP and Chevron.

Exxon has four upcoming sites in Guyana due to start production by 2030, as well as final investment decisions on natural gas projects in Papua New Guinea and Mozambique.

Exxon’s chief executive Darren Woods told the Financial Times last month that assumptions the company made when setting its previous goals for spending on low-carbon projects had not been met, blaming disappointing customer demand and government policies.

Exxon on Tuesday said it expected $25bn in earnings growth and $35bn in cash flow growth by 2030 compared with 2024 on the same constant-price and margin basis, a $5bn improvement on its previous plan.

This reflected the company’s “stronger contributions from advantaged assets, a more profitable business mix and lower operating costs”, Exxon said.

The company also announced its chief financial officer, Kathy Mikells, will retire from February 2026 and be replaced by Neil Hansen, Exxon’s president of global business solutions.

https://www.ft.com/content/dc0f4207-7eb3-482d-8f28-e2b15ed07e9f?syn-25a6b1a6=1


Apollo: How long will you let the clowns run the circus?

  • What reorg has accomplished the stated goals beyond short terms savings from firing people eroded when they had to hire the people back to run the business?
  • What big, disruptive strategy initiatives have actually been delivered beyond some instantly outdated chatbot? What from the ET's AI roadmap has actually been delivered and successfully?
  • How long does your ET get to blame people that were let go or pushed out for their shortcomings? Some have literally been doing this for years.
  • How many top performers get pushed out while you just keep adding heads to compensate for chaotic programs like Salesforce as those you kept have no idea how to run a CRM, including the new CIO?
  • How much money do you waste on BCG, McKinsey, etc. with no results to show for it?
  • How long do you keep an ET that has a "provide customers everything and the kitchen sink" approach vs having an actual, modern, and innovative product strategy? There is 5 ways to buy every product at pricing that makes no sense to us, never mind customers.
  • How many leaders can you hire that have no idea what they are doing, such as the CDO, CFO, new CIO, and many of those leading Engineering, while you fire the people that did the actual work and knew how things worked?
  • How low are you willing to let morale go before the company is not longer functional?

The clock is ticking

Look around at who’s left. It’s hard not to feel like we’re all temporary at this point. Layoffs keep coming, and eventually they will reach everyone they have to pay more than pocket change. Anyone still standing in the US is on borrowed time. It’s less a question of if and more of when.


Resilience Healthcare Hospital Closes, 670 Employees Affected

Resilience Healthcare laid off hundreds of employees from a suburban Chicago hospital. This action affected 670 workers at West Suburban Medical Center in Oak Park. The hospital cited financial and technological issues, specifically a failed electronic medical records system. CEO Dr. Manoj Prasad hopes to reopen the hospital with state financial assistance. A law firm is investigating Resilience for potential WARN Act violations.

Oak Park, Illinois

https://www.msn.com/en-us/health/other/facing-financial-issues-illinois-hospital-shutters-lays-off-hundreds-of-workers/ar-AA21Cz5L?cvid=69ec2ff1899145a5b40b386714df05b5&ocid=DELLDHP


Gerresheimer Shuts Illinois Plant, 172 Workers Laid Off

German manufacturer Gerresheimer Glass Inc. will close its Illinois facility. This action will lead to 172 worker layoffs. The layoffs are set for September 30. Production will shift to plants in Italy and India. The company aims to reduce costs and improve performance.

Chicago Heights, Illinois

https://www.pjstar.com/story/business/manufacturing/2026/04/26/illinois-loses-manufacturing-business-and-employees-to-be-laid-off/89773546007/


DSV Closes Dallas County Facility, Affects 391

DSV is ending its operations at a Dallas County facility. This closure will result in the layoff of 391 workers. Affected roles include forklift drivers, warehouse operators, and supervisors. Employees will be impacted starting April 30 or in early May. Most impacted staff are expected to receive job offers from a new operator.

Wilmer, Texas

https://www.msn.com/en-us/news/us/global-shipping-company-dsv-to-lay-off-hundreds-at-dallas-county-facility-impacting-nearly-400/ar-AA20w4tL?apiversion=v2&domshim=1&noservercache=1&noservertelemetry=1&batchservertelemetry=1&renderwebcomponents=1&wcseo=1&bundles=feat-es2020-c