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Individual layoffs coming - Expect the Unexpected!!

GL31 here - Execs will conduct individual layoffs throughout the year. This will be in addition to group layoffs of misc teams. In cases where there’s only 1 individual from a team being RIFd, this will be a 1/1 call w direct leader.

Meeting w leaders was 3/19 after massive layoffs complete to give notice of ‘next steps’. They are aware employees are expecting notices & the goal is to keep the next dates ‘confidential’ and have the ‘element of surprise’. Expect the unexpected as more deep cuts are coming.

My friend & peer is GL32. Informed GL30-32 will be part of the ‘individual’ layoffs as to not cause alarm to their teams. Expect sudden ‘retirements’, ‘spending more time with their families, pursuing other opportunities’, etc. But in the end, we all know they were booted & forced to leave. It just sounds better when it’s presented as though it was their choice vs forced.

Buckle up - lots more cuts on the horizon.


CBS News Staff Anticipate Further Job Cuts

CBS News staffers are experiencing high anxiety. Word has spread about impending mass layoffs. These cuts would be the second round in months. Bari Weiss is overseeing the expected job reductions. The layoffs are intended to reshape the newsroom.

https://www.status.news/p/cbs-news-layoffs-bari-weiss-ce41


Time for Charlie to Resign

Since Charlie Scharf assumed command of Wells Fargo, the company has deteriorated both from a macro and micro perspective. He has laid off staff, the stock has collapsed, and he lacks leadership skills and clients have suffered. Therefore, at the next townhall meeting, a vote will be taken and Charlie should be asked to leave. Then, the firm should be broken up into separate parts and sold. Enough is enough.


Crystal Dynamics Cuts 20 Jobs in Fourth Reduction

Crystal Dynamics recently laid off 20 employees from its workforce. This reduction included both developers and operations team members. The studio explained it analyzes its structure as games advance development stages. This marks the fourth round of layoffs for the company since March 2025. The studio confirmed these cuts will not impact Tomb Raider: Legacy of Atlantis or Tomb Raider: Catalyst.

https://wnhub.io/news/hr/item-50363


WME Reduces Workforce, Several Talent Agents Affected

WME is conducting its first round of layoffs since the pandemic. The agency is eliminating 30 positions across various departments. This reduction impacts 3% of the total staff. Several talent agents are among those affected by the cuts. Elizabeth Wiederseim and Pierre-Elliott Denizard are named as departing agents.

Hollywood, California

https://deadline.com/2026/03/talent-agents-impacted-wme-layoffs-1236759297/


Axios Cuts 11 Newsroom Roles, Focuses on Experts

Axios reduced its newsroom staff by 11 individuals. The cuts impacted news desk, visuals, and social teams. The company aims to build a newsroom of subject matter experts. Publisher Nicholas Johnston noted a focus on expert-driven content. This action follows earlier layoffs in 2024 and November.

https://finance.yahoo.com/news/axios-lays-off-11-newsroom-135254434.html


More cuts are definitely coming

Dan signed up for multi billion dollar transformation. 15k layoffs wasn't enough. More cuts def coming and it seems like execs are getting real with their teams and just flat out scrutinizing everything.

The Sr Directors are also lacking one of the two main key skills. 1) leadership 2) technical knowledge.

Only a handful around that can do both. Can't grow a company if u are just one.

Bumping this up for visibility. OP: @ap+1kkyyeqjg


2025 Exec Comp - DISGUSTING

Absolutely disgusting how detached these crooks are. While continuing to RA skilled resources to execute cheaper labor arbitrage and force rank 15-20% of the employees as poor performers to pay out ZERO GDP/Raises. The Execs all received 40-50% YoY Compensation increases ... let the peasants eat cake [pizza party] Source: 2025 Shareholder Proxy Stmnt:
Arvind: 2023 Comp $20.4M, 2024 - $25.1M, 2025 - $37.99M 51.4% YoY Raise
Kavanaugh: 2023 Comp $11.7M, 2024 - $13.0M, 2025 - $18.8M 44.6% YoY Raise
R. Thomas: 2023 Comp $10.3M, 2024 - $12.3M, 2025 - $17.5M 42.3% YoY Raise
G. Cohn: 2023 Comp $9.5M, 2024 - $10.8M, 2025 - $16.2M 50.0% YoY Raise

Pay ratio
The ratio of the Chairman, President and CEO’s annual total compensation to that of the median employee’s annual total compensation is 765:1 .


Oklahoma County Officials Address Jail Budget Shortfall

Oklahoma County officials scheduled a special meeting. They will vote on additional funding for the jail. This funding aims to prevent a massive layoff. The jail faces a budget shortfall of over $5 million. The county's Budget Board will consider covering the deficit.

https://www.oklahoman.com/story/news/crime/2026/03/17/oklahoma-county-jail-funding-layoffs-loom/89196979007/


Lane Community College Faculty Jobs Threatened by Cuts

Lane Community College faces potential layoffs. The faculty union warns up to 22 full-time instructors could lose jobs. Several part-time instructors may also be affected. Proposed cuts target multiple programs and departments. College administrators have not yet commented on the situation.

Eugene, Oregon

https://nbc16.com/news/local/union-warns-of-up-to-22-full-time-lane-community-college-lcc-instructor-layoffs-amid-proposed-program-cuts-eugene-lane-county-oregon


Bicycle Cuts 30% Workforce After Regulatory Setback

Less than a year after cutting 25% of its workforce, Bicycle Therapeutics is once again making layoffs. This time, the biotech is set to reduce its workforce by 30%. Because Bicycle had 288 employees at the start of 2026, this means about 86 workers are set to lose their jobs in this round of layoffs.

https://www.nbcboston.com/boston-business-journal/massachusetts-biotech-cuts-30-of-workforce-winds-down-lead-dr-g/3917165/


they are saying the quiet part out loud

the bloody cuts from the end of the year aren't enough.

"For 2026, the company expects normalized operating margin of 8.6-9.2%, with the midpoint representing a 50-basis-point (bps) improvement from 2025. Most of this expansion is anticipated to come from lower overhead expenses. The productivity plan is also projected to deliver more than $75 million in year-over-year savings and reduce overhead by nearly 100 bps, as a percentage of sales. These savings will support Newell to offset inflation and higher tariff costs while supporting increased investment in innovation without compromising profitability."


Baker McKenzie Shuts Tampa Facility, Moves Staff Remote

Baker McKenzie is closing its Tampa back-office location. This action is part of the firm's broader restructuring. The firm is moving to a remote operational model. This change means Tampa-based staff will work remotely. It follows earlier announcements of global staff cuts.

Tampa, Florida

https://abovethelaw.com/2026/03/top-10-biglaw-firm-shuts-down-back-office-location-as-restructuring-and-staff-cuts-continue/


Long Beach Unified Cuts Spark Community Outcry

The Long Beach Unified district faces a significant $70 million budget deficit. The district plans staff layoffs and program cuts. Parents and staff are actively protesting these proposed cuts. They seek reversal of the district's planned reductions. Declining enrollment and expiring federal funds contribute to the deficit.

https://lbpost.com/news/education/with-layoffs-set-to-take-effect-librarians-and-parents-press-school-board-to-reverse-cuts/


Timberland Regional Library Cuts 61 Jobs Amid Shortfall

Timberland Regional Library will cut 61 positions. This represents 25% of its total staff. The decision addresses a $3.8 million budget shortfall. Involuntary layoffs are set to take effect in May 2026. Three additional libraries will transition to a self-service model.

Tumwater, Washington

https://www.theolympian.com/news/local/article315076371.html