#cuts

BT plans to cut at least 27,500 more jobs by 2030. This represents over a quarter of its current workforce. The company aims to reduce costs due to stagnant sales. BT already eliminated 8,500 positions in the past year. These reductions stem from fiber rollout completion and old technology retirement.

https://www.lightreading.com/fttx/bt-plans-mass-layoffs-after-cutting-8-500-jobs-in-last-year

Anyone know whether Training and Documentation teams will be impacted by the upcoming layoffs?

With all the changes coming to agency, operations you better get ready for more craziness. They cut agents pay, retirement bonuses, and SF stopped contributing towards their healthcare. If they will do that to agent's, you better believe that Total Rewards in 2027 will be very different. Agents are getting to see the true nature of this sh-t hole company. They will continue the churn and burn and pump and dump business model in claims. The 2040 McBurger workforce will continue to be a disaster and they will continue the accountability scam, meaning rules for the and not for me! Execs gotta get those bonuses! The day SF shuts down is the day the world becomes a better place. The Lemmings and corporate boot lickers are in corporate he-l heaven!

Was there a layoff or announcement today?

My role has been eliminated effective tomorrow. Just had a call with my manager and HR.

Pittsburgh Public Theater confirmed staff layoffs. This action occurred amidst its merger with Pittsburgh CLO. Ongoing financial constraints led to the reductions. Artistic director Shaunda McDill was among those affected. The new merged entity may create future positions.

Pittsburgh, Pennsylvania

https://www.wesa.fm/arts-culture/2026-05-20/pittsburgh-public-theater-announces-layoffs-in-advance-of-merger

Upwork will cut 24% of its staff. This decision followed a recent earnings update. Upwork now expects lower full-year revenue. It also faces increasing legal scrutiny. Upwork's share price has sharply declined.

https://simplywall.st/stocks/us/commercial-services/nasdaq-upwk/upwork/news/assessing-upwork-upwk-valuation-after-earnings-cut-guidance

The Portland Trail Blazers laid off over 70 employees. This cut nearly 18% of their workforce. Hall of Famer Tina Thompson was among those affected. She had served as a scout for the team for nearly four years. New owner Tom Dundon initiated these cost-cutting measures.

Portland, Oregon

https://www.oregonlive.com/blazers/2026/05/trail-blazers-layoffs-include-hall-of-famer.html

I've heard some people were cut, does anybody have details on what happened? And most importantly, is it done?

Any idea which areas and how many?

The Portland Trail Blazers dismissed at least two dozen business staff members. This action reflects major organizational changes under new owner Tom Dundon. Blazers president Dewayne Hankins confirmed the business restructuring. The cuts reached positions as high as senior vice president. The team seeks public funding for Moda Center renovations amid cost-cutting scrutiny.

Portland, Oregon

https://www.wweek.com/news/business/2026/05/19/blazers-make-a-round-of-layoffs-under-new-owner/

Be aware: they no longer want the negative attention and blowback from company wide layoffs. Instead, they are doing aggressive, targeted cuts. Yesterday, they laid off several directors and engineers from DevOps. Before that, marketing, design, and CS3.

Any idea when the next round is? This is a layoff blog,

The only reason we are sponsoring them is because the executives get free lounge and box access for free. So much for being "good stewards", "shareholder oriented" and "value creators". Couple this with free private jets, it's one never-ending party for the ultra rich. The rest of us get pink slips and anxiety.

Will see what are the announcements later today but from emails and news, big changes, hopefully for the better, but I expect big cuts as well coming soon..

Good luck to everyone out there!

Does anyone know from past layoffs if full time contractors were typically the first to be cut? Seems likely but wasn’t sure if that was the practice here.

But I am noticing that those affected are mostly 50+. Not a good look for the company.

Pasadena ISD is considering school consolidations and campus closures. This decision stems from declining student enrollment and financial pressures. The district is reviewing staffing ratios and facility utilization. Staffing reductions will be managed through attrition, not layoffs. McMasters Elementary and Tegeler Community School are involved in preliminary discussions.

https://www.click2houston.com/news/local/2026/05/15/pasadena-isd-considering-school-closures-amid-declining-enrollment-budget-pressures/

Crystal City ISD is laying off 72 employees. This cut affects about one-quarter of the district's staff. The district faces a severe financial crisis. It has spent beyond its means for several years. The Texas Education Agency approved a financial recovery plan.

Crystal City, Texas

https://news4sanantonio.com/news/local/crystal-city-isd-to-lay-off-72-employees-about-a-quarter-of-staff-amid-money-crisis

Starbucks is laying off 300 corporate employees nationwide. This includes staff at regional offices in Chicago, Atlanta, and Dallas. The cuts primarily affect marketing, human resources, and supply chain management. No coffeehouse employees will be impacted by these layoffs. These actions are part of ongoing efforts to cut costs and simplify operations.

Chicago

https://www.msn.com/en-us/money/companies/corporate-starbucks-workers-in-chicago-hit-by-layoffs/ar-AA23vULj?gemSnapshotKey=GMB26B6CAA-snapshot-18&apiversion=v2&domshim=1&noservercache=1&noservertelemetry=1&batchservertelemetry=1&renderwebcomponents=1&wcseo=1

If you are laid off how is severance determined and are you offered a pro rated bonus?

CBS 42 is conducting layoffs. Photojournalists are among the affected staff. Seven other employees will also be laid off. These staff reductions are effective June 1. The article provides no further specific details.

Birmingham, Alabama

https://www.bizjournals.com/birmingham/news/2026/05/18/cbs-42-plans-layoffs.html

For those who keep asking "are layoffs done," the answer is always going to be no. Maybe there won't be many large rounds anymore, but small cuts are happening all the time. Just ask around. We're in the stage where layoffs are just another fact of life.

It is not about expecting a reward. I actually get a real sense of satisfaction from doing a job well, no matter where I am or who I work for. But here is the thing all of us have to accept. Do not expect loyalty back. Do not expect appreciation. Do not expect any of it to protect you. When cuts come, you will be out the door just as fast as the person who does nothing. Maybe faster. Whatever corporate culture this place supposedly had is long gone. If it ever existed at all.

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 aims for a public debut in 2027. Other crypto firms also cut jobs this year, often citing AI use.

https://www.tradingview.com/news/cointelegraph:b71f2d6f4094b:0-kraken-cuts-150-staff-amid-ai-efficiencies-potentially-delaying-ipo-report/

Egg Harbor Township School District eliminated 23 positions for the upcoming school year. These cuts affect teaching, administrative, and support staff roles. The district aims to close a roughly $6 million budget gap. Rising health care costs largely drove this financial shortfall. Officials confirmed no music programs are canceled, but Latin courses will end.

Egg Harbor Township, New Jersey

https://www.nj.com/education/2026/05/nj-school-district-just-cut-23-jobs-as-students-worry-about-cuts-to-their-music-classes.html

Florida public schools face widespread closures and staff reductions. Declining enrollment drives these issues across the state. Lower birthrates and high living costs contribute to student loss. State politics, including school vouchers, also impact funding. Many districts are cutting positions and closing campuses.

Florida

http://www.tallahassee.com/story/news/education/2026/05/18/florida-public-schools-face-closures-enrollment-dropoff-teacher-shortages-funding-problems/90059571007/

We know cyber got hit recently… anyone knows who’s next?

Sorry to everyone who was affected by the recent cuts.
Quick question ,how long were u given to find another role within Fidelity?

Both the last CEO and the current one are below par. They then swamp the company with poor Execs like Drum, Rusl Jokes and Grey who just re invent different plans used before.

The next layers are full of Brocklehurst who are just yes men who processes and paperwork to stop real progress.

The managers below are just tickboxes for the Brocklehurst level.

All focus remains on cost cutting and wind down which they are good at.

This has been the strategy for the last 10 years.

Until they get someone who has done growth and investment in Employees the company will not change.

Were all the teams notified of the 10% cuts?? Or are there still notifications to hit this week?

I am perplexed at the people who are touting that there is going to be a layoff on May 28 and it’s going to be massive. You all really need to stop. There’s always layoffs in departments that are under performing or where there is duplicative work being done, but there has not been a notification to leadership that there is going to be mass layoffs on May 28 so please stop scaring everyone. In the meantime – all of the miserable people that just left to stir sh-t are going to get this 85 negative marks because you’re so focused on the drama and the negativity that you don’t know what else to do then to check this website daily. Do something better with your life.

Stock is bleeding out. Will the cuts help?

We have operated under repeated rounds of cuts and layoffs for an extended period. Each round comes with no follow through and no coherent plan. The result is that the organization has finally reached a breaking point. The systems are brittle. The trust is gone. The momentum is dead. When my own probability of being cut in the near future is as high as it is, why would I buy into any pressure to go above and beyond? The rational choice is to stop pretending that hard work will save me. So that is where I am. I am done.

Why does C suite not get any punishment for tanking the stock price? All they know how to do is cut headcount and make objectively bad decisions.

We’re going to spend 2B on building this Plano Campus for no fu---n reason. Wow!! Why do we not have any money?? Guess we’ll have to make employee cuts ! We’re going to spend billions on RTO, wow, why do we not have any money? Time to cull the cattle again! We’re going to buy TWD, we’re going to give tmobile 4 billion dollars, we’re going to buy directv! Oh, I’m actually stupid?? Let’s go cut more cattle and give myself a raise for my hard work.

The layoffs in June are going to be nuclear. PoliSci Legg’s d-mb as fu-k AI push has the whole company on Microsoft’s leash, and co pilot is getting 6x more expensive starting in June. It is an abhorrent failure. He has successfully capped top performer’s usage, and given too much usage to pea brains that ask AI what the weather is today. The cost and mismanagement will be insurmountable, so layoffs of at least 10% will happen.

And all the while, the guy making 30 mil for je-king off in his office and saying “Fiber” all day is perfectly safe, somehow. The stock is down 17% in 10 years, what does he even do? Why do these guys have jobs? They contribute nothing to society but leach from the money made by employees.

Walla Walla Community College is eliminating 18 positions as part of a cost-cutting plan. This action includes 10 full-time and eight part-time or temporary roles. The college will also leave seven vacant positions unfilled and reduce hours for 11 employees. These staffing changes are expected to save over $2 million by June 30. The college faces a $4.3 million budget deficit due to funding changes and rising costs.

Walla Walla, Washington

https://www.lmtribune.com/local-news/wwcc-announces-layoffs-projected-to-save-2m-0f2c7a97

The city's proposed fiscal 2027 budget shows significant deficits. It includes 50 immediate personnel reductions across many departments. An additional 31 positions are slated for attrition. Public safety, public works, and health services departments are heavily impacted. Taxpayers may also face increases in property taxes and utility fees.

Lowell, Massachusetts

https://www.lowellsun.com/2026/05/15/major-layoffs-hit-lowells-city-hall/

For the Devon side - this one should sound familiar. “Many managers actively avoid confrontation or honest feedback because it requires emotional maturity. Rather than doing the job they are paid for, these individuals let problems fester until they become so disruptive that higher-ups mandate cuts to clear out the bloat”