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Layoff Report

Is anyone actually surprised by the IL cuts?

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0x7371…407f
·1d ago·1 comments
Watching the WARN notice drop for the Libertyville site today just brings back that same sinking feeling. We all knew the cost-cutting mandates were going to have teeth after the last earnings call, but seeing 133 roles wiped out in one go is a gut punch. It feels like we are just moving numbers around on a spreadsheet to keep the street happy while the actual work gets harder for those of us left behind. I’ve been trying to stay focused on the pipeline, but it’s impossible to ignore the revolving door of 'restructuring' every few months. Does anyone have any insight into whether these were mostly redundant back-office functions or if we’re seeing deep cuts into R&D and manufacturing support? I’m worried that this is just the first wave for this quarter. At this point, the term 'transformation' is just corporate speak for 'good luck finding another job.' Stay safe everyone, keep your resumes polished and your networking updated. It’s a jungle out there.

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Comments (1)

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2E
0x2e8f…59bc
·1d ago

It is never a shock anymore, just a countdown. The leadership makes these grand promises about prioritizing the pipeline during every earnings call, but we all know the drill. They cut the staff, keep the investors quiet for a quarter, and then act surprised when productivity craters because there is no one left to do the actual science. Libertyville is just another line item they were happy to sacrifice to pad the margins. It is exhausting to watch the same cycle repeat every few years while we pretend it is part of some grand strategy.