Microsoft is undergoing a significant restructuring across its Xbox division. This involves cutting 3,200 jobs over the next year. The company stated no first-party publicly announced games are canceled as part of these reductions. Some studios like... — read more 

XBOX is undergoing its most significant restructure in company history. The company plans to reduce its team by approximately 3,200 employees through FY27. This includes 1,600 immediate role eliminations and four studios leaving XBOX. Compulsion... — read more 

https://www.inc.com/amaya-nichole/nike-closing-stores-studios-offices-complete-list-for-2026/91367969

Intel announced plans to reduce its workforce to 75,000 by year-end. This represents a 31% reduction from 108,900 employees at the end of last year. The company previously aimed to cut annual operating expenses to $17 billion. CEO Lip-Bu Tan... — read more 

Nike will report its full fiscal year earnings today. Analysts predict a two percent revenue decline and a 21 percent operating income drop. CEO Elliott Hill faces mounting pressure due to continuous negative sales growth. Nike's stock has fallen 34... — read more 

Microsoft is preparing for another round of layoffs in July 2026. The company expects to cut 5,000 to 5,700 jobs globally. These reductions will primarily affect sales, consulting, and the Xbox division. The move aligns with the new fiscal year and a... — read more 

A recent report connects artificial intelligence to widespread job losses. It indicates nearly 200,000 layoffs have occurred since 2023. Many Americans feel uncertain about AI's rapid development. Younger workers are especially concerned about their... — read more 

Can we stop with the work visas for white collar jobs already? We can't even employ the college grads we have today. It's beyond obvious America has shot itself in the foot. ... — read more 

PitchBook provides a worldwide list of unicorn businesses. These are privately held enterprises worth over one billion dollars. The tracker covers firms founded from 2016 onward. On February 2, 2026, 1,590 active unicorns were identified globally... — read more 

Several packaging manufacturers announced plant shutdowns in June. These closures affected over 480 workers. Ineos Styrolution will close its Illinois manufacturing facility permanently. International Paper is shutting down four plants, impacting 330... — read more 

Unemployment fears are now concentrated among educated, higher-income Americans. This marks a significant shift from historical patterns. The New York Fed's Survey of Consumer Expectations tracks this trend. Their anxiety currently outpaces actual... — read more 

Artificial intelligence improvements are causing widespread layoffs in the technology industry. Kaiser Permanente and Revere Health are among the first healthcare systems to see AI-driven workforce changes. These initial layoffs primarily affect... — read more 

Several U.S. firms are rehiring employees previously replaced by AI. Ford rehired 350 veteran engineers after AI-driven quality inspections led to numerous recalls. Klarna rehired customer service staff after customer satisfaction declined. IBM found... — read more 

The US insurance sector continued to shed jobs through June. Revised figures for April and May showed further declines. This resulted in the single worst half-year in history for insurance job counts. The US Bureau of Labor Statistics (BLS) provided... — read more 

Union members at United Videogame Workers-CWA established the Game Worker Hardship Fund. This fund provides financial support to game developers impacted by layoffs. It assists workers across the United States and Canada. Eligible applicants can... — read more 

U.S. applications for jobless aid decreased last week. The number fell by 1,000 to 215,000. This figure covers the week ending June 27. Layoffs in the U.S. remain at historically healthy levels. The Labor Department reported these... — read more 

Nike is undergoing a significant business restructuring. The company has ceased operations at its Fitness Studios. It consolidated tech offices, affecting around 1,400 employees. Nike also closed its prominent New York City retail location. These... — read more 

Associated Press plans to establish a new production hub in India. Executive Editor Julie Pace confirmed this move will likely lead to additional layoffs. The hub aims to scale both video and photo capabilities globally. This initiative is set to... — read more 

Ramp conducted a new study on AI adoption. The research focused on companies' spending habits. It revealed that high AI investment leads to more hiring. Companies are expanding their workforces, not reducing them. This finding challenges the... — read more 

The NBA eliminated dozens of jobs this week. This action reallocates resources toward key growth areas. These areas include NBA Europe and the local TV business. The league plans to make new strategic hires in these sectors. Impacted employees will... — read more 

Microsoft is reportedly preparing to cut thousands of jobs as early as next week. These layoffs could affect less than 2.5% of its total workforce. Xbox, sales, and consulting roles are expected to be impacted. This move follows a pattern of tech... — read more 

Paychex President and CEO John Gibson discussed the current labor market. He shared his insights with 'Mad Money' host Jim Cramer. Gibson stated he currently sees no signs of widespread layoffs. He also indicated no signs of an impending recession... — read more 

Many U.S. businesses anticipate job reductions in July. WARN filings indicate a more careful hiring trend. Technology, cloud services, and manufacturing firms are most affected. Companies cite automation, artificial intelligence, and efficiency as... — read more 

Microsoft's Xbox division is preparing for another major round of layoffs. Up to five gaming studios face potential closure or spin-off. Compulsion Games, Double Fine, Ninja Theory, Arkane, and Undead Labs are reportedly at risk. Xbox Game Studios... — read more 

U.S. employers announced 45,849 job cuts in June. This total represents a 53% decrease from May's figures. Technology remained the leading sector for cuts, with 15,503 announced. Artificial Intelligence was the primary reason cited for 14,029 job... — read more 

Ideal US Talent Worker OpCo LLC announced layoffs affecting 9,891 remote gig workers. The job cuts affect staff in multiple U.S. states. The temporary staffing firm, based in Minnesota, is restructuring its worker operations. The company is moving... — read more 

Candid is experimenting with a new AI-based tool. This tool tracks nonprofit closures and layoffs in real time. The system reviews approximately 100 social-sector news articles daily. Early findings indicate closures outnumber layoffs roughly seven... — read more 

The Communications Workers of America (CWA) union spoke out against anticipated layoffs at Microsoft's Xbox division. CWA District 9 vice president Frank Arce confirmed expected job cuts. The union represents over 3,500 Microsoft employees. Microsoft... — read more 

Motley Fool Money recently warned investors about "AI washing." Companies may falsely attribute layoffs to artificial intelligence. Many job cuts stem from pandemic overhiring or reduced demand. Genuine AI transformation starts with a clear business... — read more 

The food and beverage industry is experiencing significant layoffs across various companies. These job cuts are primarily due to restructuring efforts, cost pressures, and changing consumer demand. Artificial intelligence is not the main reason for... — read more 

iHeartMedia confirmed new staff reductions across its radio markets. Numerous radio personalities and other staff were impacted by these changes. These layoffs affected employees across many markets nationwide. Several long-tenured individuals, some... — read more 

International Paper announced plans to close four facilities in the United States. These closures will affect 330 employees across four states. The company will shut down plants in Illinois, California, and New Jersey. It will also cease preprint... — read more 

https://medcitynews.com/2026/06/healthcare-moves-layoffs-retirement/

https://www.inc.com/georgia-fearn/63-percent-of-workers-from-this-group-do-not-file-for-unemployment-benefits-heres-why/91361014

The U.S. Food and Dr-g Administration (USFDA) is authorized to hire 2,200 new staff. This follows the agency cutting over 3,000 employees last year. The job reductions had raised concerns about the FDA's dr-g review capacity. Approximately 600 new... — read more 

Nintendo announced a 10% increase in employee base salaries. Company President Shuntaro Furukawa confirmed this decision. The move aims to maintain competitive working conditions. It also seeks to retain valuable specialists within the company. This... — read more 

https://radioinsight.com/headlines/360118/iheart-starts-programming-realignment-with-ongoing-cuts/

RAISE US launched as a non-profit to retrain US workers. It aims to address job displacement caused by AI-related cuts. The organization secured $500 million in private and philanthropic capital. OpenAI, Anthropic, and Amazon are among its financial... — read more 

Topgolf recently laid off hundreds of employees nationwide. The company also lost nearly $1 billion in value under previous ownership. New CEO David McKillips aims to revitalize the brand. His plan includes upgrading golf ba--s and introducing... — read more 

BitGo announced a 15% staff reduction. The company cited changes in the evolving ecosystem. BitGo will now concentrate on security, trading, stablecoins, settlement, and AI-powered infrastructure. This reduction follows widening net losses despite... — read more