#budgetcut

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Abington Faces Job Cuts Amid Budget Shortfall

Town officials are preparing two budget scenarios for fiscal year 2028, one level-funded and another with a 5% reduction. Department heads have been informed that layoffs are expected due to rising costs and insufficient state aid. Pension and health insurance expenses are projected to increase significantly in the coming years. Both the Select Board and Finance Committee have stated they will not pursue another tax override. Residents are encouraged to advocate for increased state funding for local aid.

Abington, Massachusetts

https://www.southshore.news/p/abington-officials-warn-of-layoffs


Funding yachts for a sinking ship

In late October 2026, RV cashed in 50,000 shares of common stock for a cool $7.4 million, while a few months earlier in August DM sliced off 26% of his holdings to pocket $4.9 million. Meanwhile, back on planet Earth, our budget for employee retention, wage increases, or localized team expansions has been strictly set to absolutely zero. What does this reveal about the true fracturing of our internal health?


Museum Educators Voice Layoff Concerns

Former educators at Century Village Museum have raised questions about recent staff reductions. They stated that the museum board eliminated the education department due to budgetary constraints. This decision impacted approximately ten to fifteen dedicated individuals. Many of these educators were retired teachers with years of service. The education department was a vital component of the museum's operations.

Chardon, Ohio

https://www.geaugamapleleaf.com/news/former-century-village-educators-question-layoffs/


Home Forward Announces Impending Staff Cuts

Portland's public housing authority, Home Forward, is preparing to announce staff layoffs next week. This decision stems from a worsening budget deficit, now estimated to be at least $38 million for fiscal year 2027. The organization's financial struggles have been exacerbated by previously unbudgeted expenses and unfulfilled cost-saving measures. Details regarding the specific positions affected and the impact on residents remain unclear. Affected employees will continue working until January 4th.

Portland, Oregon

https://www.koin.com/news/portland/layoffs-loom-as-home-forward-grapples-with-larger-than-expected-deficit/


Abandoning FDX upgrades?

Have heard from more than one person that FDX plant upgrade programs may be scrapped due to high cost. In my market they have trialed plant maintenance doing the physical cutovers instead of BPs. There are several teams dedicated to this project that would no longer be needed if this is true.


School District Approves Layoff Plan Amid Financial Crisis

Eugene 4J school board members have unanimously approved a plan to address a significant budget deficit. The superintendent's proposal aims to close a projected $30 million to $35 million gap for the upcoming fiscal year. This financial strategy is expected to involve layoffs for both teachers and other district employees. Declining enrollment and uncertainty surrounding state funding are key factors contributing to the deficit. The district is implementing a phased approach to reductions, starting with non-student-facing roles.

Eugene, Oregon

https://kval.com/news/local/eugene-4j-board-oks-superintendents-plan-to-address-30m-35m-deficit-layoffs


Travel

Make it make sense. Forcing many Directors and GPO’s to travel to India early 2027 to meet with the rebadged teams now reporting to Accenture. What a waste of money and time when the stock has fallen each year. Not senior executives meeting with key Accenture personnel to discuss planning, execution or personnel changes but regular Directors meeting with teams that do not report or indirectly report to them. Good job FIS!


King County Homelessness Authority Faces Significant Funding Gap

A recent review has uncovered a substantial financial shortfall at the King County Regional Homelessness Authority. Nearly $17 million is reportedly missing from the agency's funds. This discovery raises serious concerns about the management of resources dedicated to addressing homelessness in the region. Further investigation is likely to determine the cause and extent of this deficit. The authority's ability to continue its vital work may be impacted by this financial issue.

Seattle, Washington

https://www.kiro7.com/news/local/mason-county-fire-crews-concerned-about-possible-layoffs/cb0a464e-7e8b-45d3-812e-29c25c292c51/


BNY stock 10% down

Has anyone noticed that in the last one month - BNY has dropped 10% and they have not even announced earnings YET.

Add to this, the write offs and losses stemming from Wove disaster and the big spend that is being proposed for revamping the platform with additional AI spend.

Where will BNY land ?


Court Offers Buyouts to Trim Staff

Los Angeles County Superior Court is implementing a Voluntary Separation Incentive Program to address a significant funding shortfall. Eligible employees with at least five years of service can receive a $35,000 buyout to resign. This initiative aims to reduce headcount and operating expenses, with vacated positions being eliminated to ensure ongoing savings. The program seeks to stabilize the budget and prevent future layoffs or furloughs. Court officials anticipate operational delays and reduced service levels due to staffing reductions.

Los Angeles, California

https://nypost.com/2026/09/20/us-news/la-county-superior-court-offers-five-figure-payouts-for-staff-to-quit-amid-budget-black-hole/


Hospital System Faces Staffing Cuts

Hamilton Health Sciences announced significant layoffs impacting 413 positions, including 143 nursing roles. This decision aims to address a projected $150-million budget deficit for the 2026-2027 fiscal year. Union representatives and patients have expressed strong concerns about the potential negative effects on patient care. They argue that existing staff are already overburdened, and further reductions will exacerbate the strain on the healthcare system. The organization stated that one-third of the affected jobs are currently vacant and that their priority is to maintain access to high-quality care.

Hamilton, Ontario

https://www.chch.com/chch-news/patient-care-at-risk-as-more-layoffs-announced-for-hamilton-hospitals/


Chicago Faces Budget Crisis

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/


City Leaders Get Raises Amidst Proposed Layoffs

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 College Announces Staff Reductions

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/


New Orleans City Hall Faces Workforce Reductions

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/


Forum

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


Park Board Faces Layoffs Due to Budget Shortfall

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


Arizona House Cuts Staff Due to Budget Shortfall

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/


Wichita Schools Cut Staff to Balance Budget

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 Aids Crisis Center After Funding Cut

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/


City Treasurer Proposes Fund Abolishment to Prevent Layoffs

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


Library Faces Cuts and Reduced Hours

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


Akron Schools Face Budget Shortfall

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/


Portland State Reduces Faculty Job Cuts

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/


Bay City Schools Consider Teacher Cuts

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 to Cut 1% of Workforce

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/


LSU Restructures Administration, Cuts Staff

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/


University of Oregon Lays Off Staff While Seeking H-1B Employees

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 to Reduce Workforce Amid Budget Shortfall

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