#budgetcut

With all the layoffs and closings, you'd think we didn't have money for such escapades, right?

Heard the budget is cut 30%, layoff likely impact both onshore and offshore but likely more onshore

They keep milking the cash cow. Training budgets slashed , only new employees are allowed to attend now. Oil changes at 7500 miles . Credit card $ charges limited. No safety meeting meals. When will it ever stop ?

Chicago is confronting an $882.4 million budget deficit for the upcoming year. Mayor Brandon Johnson attributes the shortfall to past financial mismanagement and City Council opposition. The city is exploring a combination of spending cuts, efficiency improvements, and new revenue streams. Potential measures include layoffs and tax increases, though the mayor hopes to avoid cuts to essential services. City Council friction and recent credit downgrades add to the fiscal challenges.

Chicago, Illinois

https://hoodline.com/2026/09/chicago-faces-882-million-budget-gap-johnson-won-t-rule-out-layoffs-or-tax-hikes/

Long Beach is facing a significant budget deficit, leading to proposed deep cuts and hundreds of layoffs. Simultaneously, the city's budget includes pay increases for top officials like the mayor and city manager. While the mayor and city manager have pledged to donate their raises, council members have not yet made similar commitments. These pay raises for some officials occur as many departments face staffing reductions and program cuts. The city aims to close a $58.2 million budget gap through these measures.

Long Beach, CA

https://www.nbclosangeles.com/news/local/long-beach-department-heads-raises-amid-cuts-layoffs/3935410/

Brookdale Community College is set to implement staff layoffs due to escalating operational expenses. The college's Board of Trustees has officially approved a reduction in force. Rising utility and health benefit costs are cited as primary reasons for this decision. College President David M. Stout confirmed the news. This move comes amid ongoing enrollment declines.

Middletown, New Jersey

https://www.app.com/story/news/education/2026/08/26/brookdale-community-college-will-layoff-staff-amid-rising-costs/91481049007/

Let’s continue to hire multiple million salaried leadership people that need to be trained, cut Nike engineering experts and have a fake ITC office where nothing gets done yet we pay millions for.
Surely that will fix our issues. Bravo, brilliant.

New Orleans is implementing significant workforce reductions to address a substantial budget deficit. These measures include layoffs, furloughs, and office consolidations impacting various city departments. Community advocates and affected employees have raised concerns about the potential negative consequences for essential city programs and services. The administration states these actions are necessary to streamline operations and ensure fiscal stability. The cuts aim to generate millions in savings to bridge the estimated $222 million budget shortfall.

New Orleans, Louisiana

https://veritenews.org/2026/01/27/new-orleans-moreno-cuts-layoffs-deficit/

Have anyone seen those forum video and they had a singer there? I’m wondering if Fiserv don’t have budget then where is this all money coming from? Hehehhe all these SVPs who use to spend so much love to see their budget cut! Well done, doesn’t justify laying people off due to budget

The Minneapolis Park and Recreation Board is warning of potential job cuts and service reductions. Mayor Jacob Frey's proposed 2027 budget is $3.1 million less than requested. This shortfall could lead to 26 layoffs and impact recreation centers and park maintenance. The Park Board will discuss the budget proposal on Wednesday.

Minneapolis, Minnesota

https://www.fox9.com/news/minneapolis-park-board-warns-layoffs-rec-center-cuts-2027-budget-fight

The Arizona House of Representatives has laid off approximately 10% of its staff. These cuts affect non-partisan and administrative roles, including secretaries, security, and analysts. The layoffs are a direct result of recent state budget reductions. This action comes despite similar budget cuts affecting the State Senate and Governor's Office, which did not result in job losses. House leaders have faced scrutiny for recent expenditures on capital improvements and legal fees.

Phoenix, AZ

https://www.azfamily.com/2026/08/14/arizona-house-slashes-staff-after-budget-cuts/

Hearing they will stop lunch in September and limited snacks? Is that true? What's really left of FactSet?

Wichita Public Schools has laid off 16 employees as part of a plan to address a significant budget shortfall. These administrative staff reductions are intended to save $4.6 million. This move is the fourth phase of a broader expense-cutting initiative. The district aims to reduce overall expenses by $42 million. Affected employees are eligible to apply for other open positions within the district.

Wichita, KS

https://www.kwch.com/2025/05/08/wichita-public-schools-lays-off-employees-part-plan-cut-budget-shortfall/

Howard County is providing $260,000 in emergency funding to Grassroots Crisis Intervention. This nonprofit answers calls for the national 988 su----e and crisis hotline. The organization lost a significant federal contract, leading to layoffs. This funding will help cover overhead and core staff for the next year. Grassroots is also developing a long-term stabilization plan.

Columbia, Maryland

https://www.thebanner.com/community/local-news/howard-county-grassroots-crisis-funds-intervention-su----e-6FJUUYQVEBATZAPHZ6ZQJFWHKA/

Chicago City Treasurer Melissa Conyears-Ervin has proposed disbanding the $57 million Catalyst Fund. This action is intended to avert mid-year layoffs for police and fire departments. The fund was established to stimulate development in underserved neighborhoods but never attracted outside investment. Conyears-Ervin believes reallocating these funds is a necessary step to address the city's current financial deficit. She argues that protecting essential city services is a greater priority than maintaining the underperforming fund.

Chicago, Illinois

https://chicago.suntimes.com/city-hall/2026/08/10/city-treasurer-melissa-conyears-ervin-proposal-abolish-chicago-catalyst-fund

The Plainfield Public Library's Board of Trustees has explained significant reductions in operating hours and potential staff layoffs. These measures are a direct result of a 17% municipal budget cut, which effectively translates to a 34% reduction for the remainder of the fiscal year. The library's operational funding is not eligible for grants, necessitating municipal support. The board is actively working to preserve services despite the financial constraints. The city council is currently deliberating its final budget.

Plainfield, NJ

https://www.tapinto.net/towns/plainfield/sections/community-and-public-policy/articles/in-open-letter-plainfield-library-board-explains-reduced-hours-and-potential-layoffs

Despite a surplus in the last fiscal year, Akron Public Schools is projected to face significant deficits starting this academic year. The district's financial outlook indicates spending will outpace revenue in the coming years. This shift necessitates the consideration of cost-saving measures by the school board. The board is actively deliberating these potential actions to address the looming financial challenges. The future financial stability of the district is a primary concern.

Akron, Ohio

https://www.beaconjournal.com/story/news/education/2026/07/26/akron-school-board-weighs-cost-saving-measures-amid-uncertain-future/91022676007/

business unit job fair
tons of presenters, booths
"are you hiring?"
"no there's a hiring freeze"

Good use of funds here folks

Portland State University has finalized its layoff plan, reducing the number of affected faculty and academic staff from initial projections. The university will now see 36 faculty and academic staff lose their jobs, with three positions shifting to part-time status. These cuts are part of a larger strategy to address a significant budget shortfall. While the number of layoffs is lower than previously announced, some faculty express dissatisfaction with the process and the university's long-term financial strategy. The university aims to achieve substantial savings through these reductions and departmental eliminations.

Portland, Oregon

https://www.opb.org/article/2026/07/21/portland-state-university-layoffs-oregon-education/

We all know the 5B target... so how much has actually been cut from the balance sheet?

Budgets cut to bare minimum, even less than stores like ROSS, TJ Maxx, Marshall’s, Bealls, and Burlington

It May be the worst in the retail industry

Bay City Public Schools is considering eliminating two teaching positions. This decision is part of an effort to match staffing levels with student enrollment. The school board will vote on the matter on July 13th. Superintendent Grant Hegenauer stated the move is for financial responsibility. The district aims to protect classroom experience and avoid deficits.

Bay City, MI

https://www.mlive.com/news/saginaw-bay-city/2026/07/possible-teacher-layoffs-on-the-agenda-of-bay-city-public-schools-board-meeting.html

Southern Glazer’s Wine & Spirits (SGWS) will slash 1% of its workforce as it implements a more tech-heavy business model, the beverage-alcohol distributor announced Tuesday afternoon.

https://drinks-intel.com/cross-category/southern-glazers-wine-spirits-to-cut-up-to-219-jobs-in-us/

Louisiana State University has eliminated 25 positions as part of a significant administrative restructuring. The university aims to redirect funds towards research and faculty hiring. This move is intended to help LSU achieve its goal of becoming a top 50 research institution. Key leadership roles, including the Chief Financial Officer and Vice President of Engagement, were among those cut. The university is consolidating departments and reallocating resources to support its academic and research initiatives.

Baton Rouge, Louisiana

https://lsureveille.com/284349/news/lsu-cuts-cfo-dei-positions-title-ix-layoffs-funding/

The University of Oregon aims to cut $65 million from its budget. It previously laid off over 100 employees and instituted a hiring freeze. President Karl Scholz announced the freeze to conserve resources. During this period, the university filed many H-1B visa applications. These applications were for various roles, including professors and research associates.

Eugene, Oregon

https://www.campusreform.org/article/university-cuts-staff-freezes-hiring-slash-65m-budget-files-applications-h-1b-jobs/29912

Temple University plans to cut $60 million from its budget. This action addresses a projected $85 million deficit for 2026-27. President John Fry stated that employee layoffs are inevitable. The university has not disclosed the exact number of affected positions. Previous measures included a faculty retirement program and eliminating vacant roles.

Philadelphia, Pennsylvania

https://community.triblive.com/news/4084054

Berkeley officials passed a new two-year financial blueprint. It aims to resolve a budget gap of $30 million. This involves cutting services and laying off staff members. Nine fire department positions, however, were preserved. A November ballot measure for a sales tax increase is crucial.

Berkeley, California

https://www.berkeleyside.org/2026/06/24/berkeley-budget-sales-tax-firefighters

Pender County Schools faces a $2.7 million budget shortfall. This deficit could lead to the elimination of about 30 positions. County commissioners approved $6 million for capital needs but not the full operational request. The district requested a $4 million increase but received only $1.3 million. School leaders will meet with commissioners to seek additional funding.

Pender County, North Carolina

https://www.wect.com/2026/06/23/pender-county-schools-says-budget-shortfall-could-lead-layoffs/

Seattle Public Schools faces an $87 million budget shortfall. Superintendent Ben Shuldiner stated that "everything is on the table" to address the deficit. Potential measures include layoffs and school closures. The district plans to reorganize its central office and not fill vacancies. Declining student enrollment also contributes to the financial challenges.

Seattle

https://komonews.com/news/local/seattle-public-schools-last-day-class-sps-superintendent-ben-shuldiner-87m-budget-gap-shortfall-safety-student-enrollment-drop-possible-layoffs

Black Mountain faces a nearly $2 million budget shortfall. Rising operational costs and storm recovery expenses caused the deficit. Town Manager Richard Hicks cited rising personnel and health insurance costs. Officials propose freezing five to six positions and raising taxes. They also consider increasing garbage fees and water rates to balance the budget.

Black Mountain, N.C.

https://wlos.com/news/local/black-mountain-budget-shortfall-million-officials-town-manager-layoffs-tax-increases-interim-richard-hicks-community-governments-helene-recovery-meeting-

St. Landry Parish Schools faces a deep financial deficit. The school board learned the system is millions in debt. The district operates "check to check" and loses cash. It expects a nearly $4 million debt by fiscal year-end. School closures, consolidations, and layoffs are possible solutions.

Opelousas, Louisiana

https://www.kadn.com/video/st-landry-parish-schools-facing-millions-in-debt-closures-layoffs-possible/video_33f27eb5-75af-5ba7-a28d-91c7f053acea.html

Palo Alto Unified School District forecasts financial hardship and potential layoffs. This follows the failure of Measure B, a parcel tax that would have generated $15 million annually. The district also reached an impasse in contract negotiations with its teachers' union. Chief Business Officer Charen Yu stated staff positions and expenditures may be cut. Educators dispute the district's conservative budget projections, citing historically higher year-end balances.

Palo Alto, California

https://www.paloaltoonline.com/palo-alto-schools/2026/06/04/school-district-forecasts-financial-uncertainty-layoffs-after-parcel-tax-fails/

Is this mainly focused on the groups in the “corporate functions” overhead org or all of the embedded functions in the businesses as well? Been hearing the overhead groups already found out last week or week prior not sure about the others.

The University of Maryland, College Park, laid off 84 employees. School officials cited increased energy costs and reduced federal funding. The university also lost $104 million over the past three years. A union representing employees called the decision unacceptable. No further layoffs are currently anticipated by the university.

College Park, Maryland

https://marylandmatters.org/2026/06/04/umd-lays-off-84-employees-amongst-period-of-uncertainty/

JP Morgan amd BOA have started cutting middle managers/regional presidents/retail area execs. Is thisbhappening at Fifth Third? Ai spend is really ramping up now!!!

Layoffs at Asante began this week. Employees reported cuts in IT, security, and nutrition departments. Asante CEO Tom Gessel previously warned of a projected $50 million deficit. He anticipated 300 or more job losses in fiscal year 2026. Asante officials declined to comment on the reported layoffs.

Medford, Oregon

https://rv-times.com/2026/05/27/asante-declines-comment-on-reported-first-wave-of-budget-cutting-layoffs/

Marshfield Schools notified 108 employees of layoffs or displacement. This action addresses a $4.52 million district deficit. Staff reductions will alter elementary operations, arts, and student services. The district faces a 62% share of the town's structural deficit. Residents must approve a tax override to prevent these cuts.

Marshfield, Massachusetts

https://www.southshore.news/p/108-layoff-and-displacement-notices

Concordia University faces significant financial challenges. The university expects to implement layoffs to address a $35-million budget gap. Even with these cuts, a $20.7-million deficit is projected for 2026-27. Declining international student enrollment and rising costs contribute to the financial strain. Federal and provincial policy changes have impacted revenue streams.

Montreal, Quebec

https://montrealgazette.com/news/concordia-university-layoffs-budget-cuts/

The Lee County School District informed 457 employees their contracts would not be renewed. Of these, 275 affected employees are teachers. The district faces a $46.7 million budget deficit. Another 407 teachers will leave due to attrition next year. Some non-renewed positions may be preserved or reallocated.

https://www.wgcu.org/education/2026-05-20/more-than-half-of-457-layoffs-in-lee-county-schools-will-be-teachers-275-get-notices

Peninsula College declared a financial emergency. Twelve full-time staff positions will be eliminated. Several educational programs face elimination or suspension. A $1.8 million budget deficit prompted these measures. Furloughs will also impact high-earning staff beginning in July.

https://ptleader.com/articles/local-news/budget-crisis-forces-layoffs-program-cuts-and-furloughs-at-college/