Job openings increased to 6.9 million in January. This marks an increase from 6.6 million in December. Layoffs also decreased, reaching 1%, a year-and-a-half low. However, the hiring rate remained flat at 3.3%. Overall, the January data indicates a... — read more
It's worse for First Brands than originally thought
Three facilities are closing and 572 people are getting cut, all amid federal fraud case.
Saks Global Cuts 1,226 Jobs, Closes Stores Post-Bankruptcy
Luxury retailer Saks Global filed for Chapter 11 bankruptcy in January. The company is now closing 12 Saks Fifth Avenue stores. This action will result in over 1,200 permanent job cuts. Worker Adjustment and Retraining Notification filings confirmed... — read more
Even more xAI layoffs
Elon's not happy. So employees will pay the price. What's new.
US Supply Chain Sees Thousands of Job Cuts
Nearly 4,000 workers across various US supply chains have been affected by recent layoffs. These job cuts span EV battery plants, auto parts factories, warehouses, and rail terminals. SK Battery America laid off 958 workers at its Georgia EV battery... — read more
US Jobless Claims Slightly Decline Amid Market Weakness
U.S. jobless benefit applications saw a slight decline. They fell by 1,000 to 213,000. This occurred despite a generally weakening labor market. High-profile firms like Amazon announced recent layoffs. The job market shows slow hiring and few... — read more
Evotec Restructures, Cutting 800 Jobs and Four Sites
Evotec announced a new phase of its strategic reorganization. The plan includes laying off approximately 800 employees. Four company sites will also be closed as part of this initiative. This "Horizon" transformation aims to generate 75 million euros... — read more
Crunchyroll Employees Face Another Round of Job Cuts
Crunchyroll is experiencing a new round of job reductions. This follows previous job cuts from Summer 2025. The company confirmed a new restructuring for 2026. A former Senior Product Designer announced her departure. The total number of affected... — read more
eBay to Cease Social Media Seller Support by 2026
eBay will cease social media support for sellers on March 11, 2026. The company is shifting towards AI-powered self-service options. This follows recent layoffs and moving support positions overseas. Sellers often found social media representatives... — read more
PwC Reduces US Workforce Amid Low Employee Departures
PwC is laying off approximately 1,500 employees from its US workforce. This represents about 2% of its total US staff. The firm attributes these reductions to historically low employee attrition rates. Layoffs primarily affect the audit and tax... — read more
Tech Layoffs Hit 45,000 in March 2026, 9,200 Linked to AI
Tech layoffs reached over 45,000 globally in early 2026. Approximately 20% of these reductions, totaling over 9,200 jobs, are linked to AI implementation. Block accounted for the largest single cut with 4,000 layoffs, driven by AI tool capabilities... — read more
CEOs Cut Jobs Amid Economic Uncertainty and AI Focus
CEOs are increasingly implementing job cuts. Economic uncertainty and cost reduction are primary drivers. January saw the highest number of corporate layoffs since 2009. Wall Street often rewards companies that announce staff reductions. Some leaders... — read more
Layoffs are Consequences of a Rigged Economy that can No Longer Sustain Itself
Year on Year Record Corporate Profits no longer translates to job creation but rather job elimination.
Voice of America layoffs reversed
You love to see it.
Are These 3 Companies Next After Block’s Layoff Wave?
Block revealed plans to reduce its workforce significantly. The company stated artificial intelligence tools enable a smaller, more effective team. Block shares rose sharply following the news. Conversely, the broader software sector experienced a... — read more
Challenger Gray & Christmas Sees Layoff Decrease
New data shows layoffs decreased significantly in February. Challenger Gray & Christmas reported a 55% drop in job cuts. However, companies' hiring plans remain weak due to uncertainty. The technology sector continued to announce substantial job... — read more
Block Layoffs Impact Square Restaurant Division, Users Uneasy
Block, Square's parent company, announced 40% workforce layoffs. Square's food and beverage division experienced significant staff reductions. Its head, Ming-Tai Huh, and many colleagues were among those let go. Restaurants using Square POS systems... — read more
Oracle Considers Major Layoffs to Fund AI Infrastructure
Oracle is considering laying off 20,000 to 30,000 employees. This aims to generate $8-10 billion for AI infrastructure. The company faces high costs from major AI client commitments like OpenAI. US banks have retreated from financing, doubling... — read more
Morgan Stanley Reduces Workforce by Three Percent
Morgan Stanley will reduce its workforce by three percent. Around 2,500 staff members will be affected. The firm aims for strategic restructuring and efficiency. This follows a similar workforce reduction in March 2025. Other financial firms have... — read more
Parsec layoffs 2026
https://www.dispatch.com/story/business/employment/2026/03/04/rail-operation-rickenbacker-close-115-layoffs-parsec/88965960007/
Paramount Buys Warner Bros. Discovery, Job Cuts Loom
Paramount is acquiring Warner Bros. Discovery in a major deal. The acquisition is valued at $111 billion. This merger is expected to result in thousands of layoffs. Paramount identified $6 billion in cost synergies. The deal is projected to close in... — read more
Angi Trims 350 Positions as Automation Expands
Angi confirmed it is eliminating around 350 positions as part of a plan to cut operating expenses and optimize its structure. Officials said advancements in AI have helped enable the workforce... — read more
Wescom Financial layoffs 2026
Seventy-two people are slated for cuts. A WARN has already been issued, with layoffs effective April 21. At least it gives those impacted some time to prepare. Wishing the best to everyone affected. The job market is not exactly easy right now.
Jack Dorsey's BLOCK Axes Nearly Half of its Workforce in One Day
https://www.dailymail.co.uk/yourmoney/article-15597141/jack-dorsey-block-layoffs-ai.html "Jack Dorsey has axed thousands of workers at Block, the parent company of Cash App, Square and Afterpay, in a move signaling a major shift toward artificial... — read more
Concerto Biosciences layoffs
No number out, but cuts have been reported. https://www.fiercebiotech.com/biotech/fierce-biotech-layoff-tracker-2026
Treasury Yields Fall Amid Low Jobless Claims
Treasury yields are declining amid signs that U.S. employers are retaining workers. Weekly jobless claims rose to 212,000. This figure was below economists' expectations of 215,000. The 10-year yield fell to 4.039%. The two-year yield also declined... — read more
Woburn Green-Steel Darling Axes 71 Jobs After Brazil Plant Shock
Woburn-based Boston Metal is cutting 71 jobs after an industrial accident at its Brazil facility reportedly torpedoed a key funding deal. For a cleantech startup trying to move from pilot projects to full-on commercial operations, it is a sharp and... — read more
Boardroom staff layoffs
On Saturday morning, Philip Lewis of HuffPost reported that Boardroom, the media venture founded by NBA star Kevin Durant and agent Rich Klieman in 2019, “has eliminated its full editorial team.” Lewis noted that the staff layoffs were... — read more
Ferrara Candy Company laying off people in Fairfield
Still reeling from closure of the Anheuser-Busch factory, Fairfield got more bad news recently with an announcement by Ferrara Candy Company that it would be laying off workers at its Fairfield Jelly Belly facilities in the coming... — read more
Kenvue beats quarterly estimates, announces job cuts amid Kimberly-Clark acquisition
Tylenol-maker Kenvue on Tuesday beat Wall Street estimates for fourth-quarter results and announced a global workforce reduction, as it proceeds toward a planned takeover by Kimberly-Clark. Kenvue said its board has approved a plan to optimize... — read more
RationalFX data shows tech layoffs surging in early 2026
RationalFX data indicates 30,700 tech layoffs occurred worldwide in early 2026. This trend is on track to exceed 2025's total of 245,000 job cuts. U.S.-based tech companies account for over 80 percent of these reductions. Amazon alone cut 16,000... — read more
Court TV implements layoffs, plans to shut down TV network in March
Court TV has implemented layoffs as part of a significant operational change. The company is planning to shut down its entire television network. This decision will lead to job losses for employees across the organization. The closure of the Court TV... — read more
RNDC Continues Workforce Reductions
Republic National Distributing Company is implementing further layoffs. These cuts are occurring across the country. The distributor previously laid off over 1,700 employees last year. Those earlier cuts were due to shuttering California operations... — read more
National Lab of the Rockies, formerly NREL, lays off more than 130 employees
Weeks after scrubbing “renewable energy” from its name, the National Laboratory of the Rockies in Golden, formerly known as the National Renewable Energy Laboratory, is also shedding workers. The cuts impacted 134 employees engaged in both... — read more
Hazel Health Cuts 135 Employees
The K-12 health care startup Hazel Health has laid off 135 people, about half of whom are clinicians. This is the second round of layoffs announced at the company in the past four... — read more
CBN Reduces U.S. Employee Count
CBN initiated a workforce reduction. This reduction affects 8.4% of its American employees. The ministry cited a strategic realignment for these changes. The organization cited shifts in media and fundraising. CBN aims to streamline systems and focus... — read more
AI Transforms Job Market with Layoffs and New Skill Demands
Artificial intelligence significantly impacts the American workforce. AI is cited as a reason for thousands of layoffs across various companies. Amazon, Dow, and Pinterest are among those cutting jobs due to AI. Conversely, demand for workers with... — read more
AI is not what it is marketed as.
The current AI is not intelligence because intelligence invents something new and innovates but the current AI has done nothing of these. So, although AI may replace some jobs (routine jobs) but it can't replace those jobs where intelligence is... — read more
Massive layoffs expected in Crypto industry
The crypto industry is likely to see more projects snapped up by larger companies, which may lead to a much less fragmented sector in the months ahead, says Bullish CEO Tom... — read more
Block to cut 10% of employees
Jack Dorsey’s payments company Block Inc. has begun informing hundreds of employees that their roles could be eliminated during annual performance reviews, as the firm undertakes a wider restructuring... — read more