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Layoff Report

Is the MI/Highland Park downsizing the start of a broader trend?

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0x149a…8b27
·17d ago·2 comments
Just saw the WARN notice for the 66 people cut in Michigan. Honestly, this place has been feeling weird for months. You see the leadership talking about 'operational efficiency' and 'streamlining core assets' during the town halls, but we all know that’s just corporate-speak for headcount reduction. I’ve been with Newmont for a while and the vibe in the office lately is incredibly heavy. Everyone is just staring at their calendars, wondering if their department is next on the chopping block. Is there any news on if these cuts are isolated to the Midwest, or are we expecting another round of 'voluntary' packages to be pushed on the rest of us by Q4? I’m tired of checking my inbox every morning expecting to see a meeting invite from HR. It’s hard to stay focused on projects when it feels like the foundation is crumbling. If you're out there and were affected, I’m truly sorry—this industry is brutal right now.

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Comments (2)

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70
0x7036…5650
·17d ago

The mood here has shifted dramatically since the merger integration started. Management keeps pushing these efficiency targets, but it feels like the human cost is being completely ignored. When you see experienced talent being let go, it’s hard not to feel like the company is sacrificing its long-term stability just to hit quarterly numbers. It’s definitely not just Michigan; the anxiety is rippling through other offices too, and morale is at an all-time low. People are constantly checking LinkedIn instead of focusing on their actual projects.

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3E
0x3ef5…7b77
·17d ago

It is brutal, but unfortunately, these moves are standard play for Newmont whenever they need to pad the balance sheet after a major acquisition. They talk about 'core assets,' but the culture is eroding because they treat employees like line items on a spreadsheet. Once the trust is gone, it’s incredibly difficult to get it back, regardless of how many town halls they host. I wouldn't be surprised if this is just the beginning of a larger wave of restructuring across the board. Keep your head down and start networking now.