NPR implemented staff reductions following a round of voluntary buyouts. The total workforce reduction amounts to fewer than 30 employees. Most employees accepted buyouts, but 10 journalists were laid off. The content division saw a cut of... — read more
Yahoo Sports Cuts NFL Reporters Amid Realigned Priorities
Yahoo Sports recently implemented a round of layoffs. These cuts affected several longtime contributors. NFL reporter Charles Robinson was among those let go. Charles McDonald also announced his departure from the company. Yahoo cited strategic goals... — read more
Employee Loses Severance After Exit Interview Comment
An employee reportedly forfeited an $80,000 payout. This followed a casual comment made during an exit interview. The worker was initially laid off and anticipated the payment. The company reportedly changed his termination status. Consequently, the... — read more
Job Cuts Threaten Worker Life Insurance
U.S. layoffs reached 5.2 million by March 2026. The tech sector saw significant job cuts. Major tech companies reduced staff, citing AI shifts. Many terminated workers lose their group life insurance. Experts advise against relying solely on... — read more
Employers Quietly Repost Jobs After Layoffs
Many workers report being laid off, only to see similar roles reposted later. Employment attorney Chiquita Hall-Jackson calls this a "quiet repost" and sees it often. This practice can create significant legal exposure for employers, potentially... — read more
Memorial Day 🇺🇸 2026
Thank you to all the Veterans.
Universities Face Budget Shortfalls, Announce Layoffs and Freezes
Many public universities are implementing significant budget cuts. These actions include hiring freezes, layoffs, and structural changes. Universities face declining enrollment, reduced state funding, and rising costs. Several institutions, including... — read more
Lawyer Explains Pre-Layoff Indicators
An employment lawyer identified several indicators preceding layoffs. Return-to-office mandates often prompt employee resignations, reducing staff. Leadership comments about financial struggles can encourage employees to seek new jobs. Implementing... — read more
Acrisure Cuts 2,250 Jobs Due to AI Advancement
Acrisure is laying off 2,250 employees. The layoffs reduce the company's workforce by 11%. CEO Greg Williams announced the cuts in a letter to employees. The decision is driven by advancements in artificial intelligence. Layoffs began Wednesday and... — read more
US Weekly Jobless Claims Decrease
US applications for unemployment benefits decreased last week. Filings fell by 3,000 to 209,000 for the week ending May 16. This figure is lower than analysts' forecasts. Layoffs remain historically low despite ongoing economic uncertainties... — read more
Cisco Reports Record Earnings, Announces 4,000 Layoffs
Cisco announced record revenue figures. The technology company also cut approximately 4,000 jobs on the same day. This decision quickly sparked public backlash. Critics argue the move prioritizes shareholders over workers. The timing raises concerns... — read more
Future Layoff Fears Impact Workers
Workers anticipate increased job stress. This stress is projected for the year 2026. Fears of potential layoffs contribute to this anxiety. The rise of artificial intelligence also plays a role. These concerns are impacting the workforce. ... — read more
LAYOFFS
CEO’s don’t give a shard about you or your family if they terminate you to make them more money for their pockets. Best of luck 🤞 to everyone.
Careerminds Survey Reveals Loyal Workers Unprepared for Layoffs
New Careerminds research indicates loyal employees are hit hardest by layoffs. Many long-tenured workers believed their dedication would protect their jobs. Over two-thirds of these employees felt blindsided by their layoff announcement. Most had... — read more
Intuit Announces Workforce Reduction, Reports Solid Earnings
Intuit exceeded financial estimates for its third quarter. The company announced a significant reduction in its employee count. The CEO said artificial intelligence did not cause the layoffs. The reason was to create a more agile and efficient... — read more
Spirit Airlines Sued Over Layoff Notice Violations
Six former Spirit Airlines employees filed a class-action lawsuit. They allege the company violated the WARN Act by not providing 60-day layoff notice. The lawsuit, filed in New York, represents approximately 17,000 laid-off workers. Plaintiffs seek... — read more
HR Leaders Must Address Layoff Safety Risks
Layoffs can create significant safety risks for organizations. HR professionals are uniquely positioned to identify early warning signs in distressed employees. These signs often mirror predictors of su----e, linking workplace safety and employee... — read more
Viber Expands Staff, Skips Efficiency Layoffs
Rakuten Viber increased its headcount by 30% in 2025. This contrasts with many tech companies that implemented efficiency layoffs. The messaging app company reached nearly 600 employees globally. Viber prioritizes employee well-being and... — read more
13 Firms Carrying Out AI-Driven Job Cuts
https://www.businessinsider.com/list-companies-replacing-human-employees-with-ai-layoffs-workforce-reductions
Ten States Face Job Market Slowdown
Several U.S. states are experiencing increased unemployment. This trend occurs despite national economic resilience. Layoffs, slower hiring, and economic uncertainty contribute to the issue. Technology, manufacturing, and tourism sectors are... — read more
Research: Job Cuts Often Fail; Other Business Methods
Many companies implement layoffs during economic uncertainty. Evidence suggests layoffs frequently fail to achieve lasting financial benefits. They can also significantly harm employee morale, innovation, and customer loyalty. Many leaders now... — read more
Innovaccer Lays Off Staff Amid AI Push
Innovaccer has laid off staff members. The healthcare technology company is increasing its artificial intelligence efforts. Innovaccer plans to apply its automation principles internally. The company recently allocated $250 million for AI... — read more
AI Drives 49,000 Finance Layoffs Amid Tech Investment Surge
AI investment has reached $1.5 trillion since late 2022. This sum equals the projected 2027 U.S. defense budget. The finance sector experienced 49,000 layoffs due to AI in 2026. Industry experts believe AI will augment finance workers. Human judgment... — read more
Takeda Cuts Fuel May Biopharma Layoff Increase
Takeda announced plans to cut approximately 4,500 employees globally. This makes May 2026 the most significant month for biopharma layoffs this year. As of May 15, 6,739 biopharma employees were laid off or planned for reduction. This total exceeds... — read more
NPR Restructures Newsroom, Offers Buyouts Amid Budget Gap
NPR is reorganizing its newsroom operations. The network is offering buyouts to approximately 300 employees. Layoffs will occur if insufficient staff accept voluntary departures. NPR faces an $8 million budget gap from reduced station fees and... — read more
AP Restructures, Cuts 20 Staff Amid Print Shift
AP cut 20 U.S. journalist positions on Friday. This is part of a larger restructuring. The organization is changing its operational focus. It is moving away from traditional print journalism. The AP will now emphasize visual journalism and new... — read more
Betting Industry Layoffs Rise as Growth Cools
The online gambling industry is experiencing widespread layoffs. Penn Entertainment recently cut over 70 jobs in its interactive division. Gambling.com Group also laid off approximately a quarter of its employees. These reductions reflect a shift... — read more
Kraken Reduces Workforce by 150; IPO Now Expected 2027
Crypto exchange Kraken recently laid off approximately 150 employees. The company cited increased efficiencies from deploying artificial intelligence. These staff reductions could delay its planned US initial public offering. Kraken now reportedly... — read more
US Freight Sector Sees Over 5,100 Job Cuts
Over 5,100 workers faced layoffs across the U.S. supply chain sector. These job cuts affected logistics, manufacturing, and transportation companies. Major employers like FreshRealm, GEODIS, Ryder, and DSV announced significant reductions. Reasons... — read more
General Motors Cuts IT Staff for AI Focus
General Motors recently reduced its IT workforce. The company cut approximately 600 salaried positions. This move is part of a deliberate skills exchange. GM is now hiring for AI-focused IT roles. The automaker seeks professionals to build AI systems... — read more
Starbucks Cuts 300 Corporate Jobs, Closes Offices
Starbucks is eliminating 300 corporate positions. The company is also closing some regional offices. This action aims to streamline the organization. It seeks to reduce operational complexity and boost profitability. This marks the third round of... — read more
Penn Entertainment, Gambling.com Group Cut Staff
Multiple gambling companies announced layoffs this week. Penn Entertainment cut over 75 employees from its interactive division. Gambling.com Group reduced its workforce by 25%, impacting around 150 people. LSports, an Israeli data provider, also... — read more
2026 Layoffs: Major U.S. Companies Cutting Jobs
https://www.cheapism.com/2026-layoffs-major-american-companies/
Novartis Reduces Biomedical Research Staff Amid Restructuring
Novartis is trimming its biomedical research arm. This follows recent staff consolidation moves. A company spokesperson confirmed individual impacts to a select number of employees. This strategic decision is difficult for those affected. Novartis... — read more
Byron Allen Explains Media Company Layoffs
Byron Allen recently discussed layoffs within his media division. He described these workforce reductions as "thoughtful" and "humane." Allen attributed the changes to shifts in the broader media business. He stated the economy improved, offering new... — read more
Hayes Foresees AI-Driven Banking System Layoffs
Arthur Hayes spoke at Consensus Miami. He is the BitMEX co-founder and Maelstrom CIO. Hayes predicted AI-driven layoffs could cause a banking crisis. He believes Bitcoin is already reflecting this potential crisis. Hayes also shared his BTC price... — read more
Spirit Airlines Sued by Former Employees Over Lost Wages
Spirit Airlines faces a class-action lawsuit from former employees. The suit alleges the airline violated federal labor laws. The company abruptly ceased operations and laid off 17,000 workers without notice. Employees claim they lost jobs, benefits... — read more
Cisco Restructures Workforce for AI Future
Cisco Systems announced layoffs affecting fewer than 4,000 employees. This reduction represents less than 5% of its total workforce. The company reported a record quarterly revenue of $15.8 billion. Cisco is reallocating investments towards... — read more
Verizon Continues Workforce Reductions for Cost Savings
Verizon announced new layoffs affecting several hundred U.S. employees. These cuts follow a larger reduction of 13,000 roles less than six months ago. The company aims to achieve $5 billion in operating expense cuts by 2026. This restructuring is... — read more
AI Staff Cuts Not Boosting Company Profits
A new study investigated the financial impact of AI-driven layoffs. Eighty percent of surveyed executives admitted to reducing staff for AI investments. These companies saw no greater financial gains than those retaining employees. Many sacrificed... — read more