#headcountreduction

How many were impacted?

Significant cuts coming to S&T.

I’ve seen a few so far. Mostly in sourcing, some senior people but not just management,

Agios Pharmaceuticals is implementing significant workforce reductions within its research and development division. The company aims to eliminate over 100 R&D roles by the end of the year. These cuts are intended to decrease the R&D headcount by more than 35% compared to 2025 levels. The anticipated cost savings from these reductions are projected to be realized in 2027. This strategic move comes as Agios awaits a potential FDA approval for its anemia medicine in sickle cell disease.

Cambridge, Massachusetts

https://www.fiercebiotech.com/biotech/agios-aims-shed-100-rd-roles-year-ahead-hoped-scd-approval

With the chip market taking a dive and possible post election restrictions on datacenter growth, it’s inevitable that Lenovo ISG sales will crater. The only thing keeping them afloat is that they’re the only option when Dell and Supermicro don’t have supply. You can just feel that the higher ups will see this as an opportunity to make very deep headcount cuts soon. Time to update the resume!

It seems like it is difficult to terminate to mod level managers, Senior mgrd or directors.

Does HR look at how much turnover there is under a manager? We currently have managers with one or two reports. Why even keep them here for that?

Lots of talk about next week being the big layoff week, but not hearing a ton about which specific departments…. Any idea? There’s so much fat to trim in Plano/purchase and while I don’t want anyone to lose their job, there’s just a lot of do-nothings in the corporate side (I say as someone on the corporate side). I just don’t want frontliners to lose their jobs when there’s obvious cuts in the two HQs. Start with marketing, social media, communications and some of these “project managers” IMO.

They started mass layoffs in Athens Ohio on November 4, 2026.

I came across a post mentioning that Exposure Management, Cyber Defense, AI Security, and Network Operations roles could be eliminated as part of the restructuring and transformation planned for 2027.

Does this indicate that Verizon is planning to lay off its entire Security team, or is this similar to previous restructuring exercises, where lower-level bands are targeted to reduce headcount while protecting upper management positions?

Mob Entertainment has reduced the size of its Escape from Playtime development team. Sixteen individuals were let go from the company on November 4, 2026. The company stated that the majority of those departing were not permanent employees. Despite these layoffs, Mob Entertainment affirmed that Escape from Playtime's development will continue. The studio remains committed to the game's early access support and its planned 1.0 launch.

https://insider-gaming.com/escape-from-playtime-layoffs-mob-entertainment/

Warner Records Nashville has reduced its workforce by five employees. The affected individuals include the executive vp of marketing and the senior vp of publicity. Other positions eliminated were in radio and artist relations. These layoffs follow previous staff reductions at Warner Music Group. The company has not commented on the reasons for these recent cuts.

Nashville, Tennessee

https://www.billboard.com/pro/warner-records-nashville-layoffs-five-staffers-cut-label/

Amazon is implementing a new round of layoffs affecting management positions. A total of ninety-five jobs will be eliminated across various locations. Two of these positions are located in Pasco. Employees were notified in early September and will depart by early December or late January. The company is offering severance and other support to affected workers.

Pasco, Washington

https://www.tricitiesbusinessnews.com/articles/amazon-layoffs-affect-pasco-operations

https://www.coralspringsflnews.com/news/article317931326.html

https://philadelphia.today/2026/11/comcast-layoffs-philadelphia-hq-634-jobs/

I've watched the people actually producing results lose their jobs in every single layoff - and there's been plenty of those this year - while the management structure remains largely untouched. I guess they think the easiest way to reorganize is to remove employees and leave the bosses in place? But who'll be doing the work when most of us are gone?

And if so, which groups?

My team lost a director, project manager, and a devops engineer. All senior. More cuts ongoing through the end of the week allegedly

Several universities are implementing significant personnel reductions to address budget deficits and financial pressures. The University of Oregon plans to eliminate over 100 positions, with a substantial portion being vacant roles. The University of Tulsa is cutting approximately 9 percent of its staff, primarily in central administration. Seton Hall University has eliminated 46 administrative roles as part of a broader cost-saving initiative. Stockton University is reducing its workforce by 21 positions due to enrollment declines and reduced state support. Jackson State University is cutting eight staff jobs due to federal funding reallocations.

Eugene, Oregon

https://www.insidehighered.com/news/quick-takes/2026/11/03/latest-job-cuts-impact-both-public-and-private-campuses

The city of Cedar Rapids is implementing job cuts due to legislative changes impacting property taxes. These changes will create a significant budget shortfall for the city. Approximately 25 positions will be eliminated by early next year. The city council has approved these measures, including a policy to prevent bumping by senior staff. Core services, police, and fire departments will not be affected by these reductions.

Cedar Rapids, Iowa

https://97x.com/ixp/675/p/city-announces-25-job-cuts/

The fintech company Revolut has recently dismissed a number of employees. These layoffs are reportedly in line with previous workforce adjustments made by the company. The exact number of affected staff has not been disclosed. This action is part of ongoing performance-related staffing changes.

London, England

https://www.fnlondon.com/articles/revolut-cuts-dozens-of-staff-in-latest-performance-cull-149698c6

An automotive supplier will close its Cottondale facility. This closure will result in the elimination of 83 jobs. The facility is expected to cease operations by the end of the year. This news comes as part of a broader update on local events. The article also mentions election results and a basketball game.

Tuscaloosa, AL

https://patch.com/alabama/tuscaloosa/tuscaloosa-county-election-results-manufacturer-layoffs-cottondale

Around 250 people are losing their livelihoods, and, in my opinion, for no good reason. Instead of strengthening R&D, we're halving its budget. How's that supposed to improve our results? How's that supposed to do anything but slow us down? Make it make sense.

A sale of Conduent's tolling division to a Canadian company will result in 113 job losses at the E-ZPass customer service center. These layoffs are scheduled to occur in January 2027. The affected workers are employed at the Newark, New Jersey offices. This action follows Conduent's announcement of selling its tolling business for $70 million. The company stated that not all employees at the Newark location are impacted by these reductions.

Newark, New Jersey

https://www.nj.com/news/2026/11/70-million-sale-is-costing-more-than-100-nj-workers-their-jobs-at-e-zpass-service-center.html

https://tech.yahoo.com/general/breaking-news/article/tech-layoffs-tracker-2026-all-the-job-losses-across-canva-squarespace-amazon-microsoft-apple-meta-and-others-141507340.html

https://www.geekwire.com/2026/filing-amazons-previously-announced-layoffs-include-95-jobs-in-washington-state/

Fortune 500 company Jabil is reducing its workforce by 94 employees. These layoffs will occur in December at a manufacturing site in Hunt Valley. Jabil acquired this dr-g manufacturing center last year. The company has not provided a reason for the workforce reduction. This action impacts employees at the acquired facility.

Hunt Valley, Maryland

https://www.capitalgazette.com/2026/11/04/jabil-layoffs-hunt-valley/

Circle, the issuer of USDC, reduced its workforce by approximately 5% during the third quarter. This action was disclosed in the footnotes of the company's financial statements. The company incurred $9.1 million in restructuring expenses related to these layoffs. Despite these costs, Circle reported a net income of $226 million from continuing operations. The workforce reduction aimed to better align the organization with strategic priorities.

https://bitcoinfoundation.org/news/companies/circle-cuts-5-of-staff-despite-226m-in-q3-net-income/

Design software company Canva has announced significant layoffs, impacting 1,271 employees, which represents 22% of its total workforce. This decision comes as the company experiences a slowdown in its growth rate for the first time in a decade. CEO Melanie Perkins cited the need for change to ensure future success despite past achievements. The company is also reorganizing teams and adjusting its operational strategies. These changes are occurring alongside increased AI development costs and growing competition.

https://techcrunch.com/2026/11/04/canva-lays-off-over-1200-people-amid-slowing-growth/

Ultragenyx is reducing its workforce by 20% and discontinuing several dr-g development projects. These measures are intended to significantly decrease the company's annual research and development spending. The company aims to achieve profitability in 2027. This strategic shift involves focusing on commercial products and reducing early-stage research. Ultragenyx will now employ approximately 1,000 staff.

Novato, California

https://www.fiercebiotech.com/biotech/ultragenyx-shrinks-workforce-and-axes-assets-halve-rd-spend

Notified this morning I was impacted, part of ILS. Not sure of the scale, more than one in our group.

Will EviCore be exempted from size reduction in the Accelerate to One since it will be split off soon or later?

I say we implement a new rule: for every regular employee who is laid off, one manager has to go as well. We have so many mangers that I honestly don't see an issue with this. And maybe, just maybe, we'd actually be able to get rid of some actual fat for once.

DO we know what's the final goal?

Niagara Bottling is laying off 85 employees at its Ocala, Florida facility. This decision stems from a reduction in production and overall volume at the plant. The affected workers include remote staff administratively linked to the Ocala site. Separations will be implemented in stages throughout late 2025 and early 2026. The company recently opened a new facility in Kentucky.

Ocala, FL

https://www.plasticstoday.com/packaging/niagara-bottling-cuts-85-jobs-in-ocala

Retailer Target is eliminating 1,800 corporate positions as part of a restructuring effort. These cuts will disproportionately affect management roles. The company stated the changes are intended to increase agility and speed up decision-making, not solely for cost savings. Employees impacted will receive pay, benefits, and severance packages. This move comes as Target navigates sales challenges and a CEO transition.

https://abcnews.com/US/target-announces-plan-eliminate-1800-corporate-jobs/story?id=126818365

Amazon has disclosed approximately 95 job cuts in Washington state, primarily affecting its retail business. These reductions are not a new wave of layoffs but rather a continuation of previously announced workforce adjustments. The affected roles include software engineers, product managers, and program managers, with most employees based in Seattle. This notice specifically covers Washington state employees and is part of a broader restructuring within Amazon's Stores unit. Employees were notified of these changes over several months, with some receiving notice as early as July.

Seattle, Washington

https://www.geekwire.com/2026/filing-amazons-previously-announced-layoffs-include-95-jobs-in-washington-state/

https://www.thestreet.com/technology/comcast-layoffs-multiple-states-customer-losses

This article is poorly written, and directionally seems to blame those laid off recently.

But it also reveals some numbers that may be more accurate than the “Comcast” math lately. For example, it claims 634 employees cut at CTC alone, not both towers, and claims about 7500 telecom employee layoffs per CGC, but mentions counts just 1 paragraph before that which I estimated at least 10k.

The headline alone is infuriating “Comcast sends wake-up call to employees as customers cut services” which makes it sound like we have any control over these decisions.

https://www.nj.com/business/2026/11/nj-bank-announces-more-layoffs-as-job-cuts-top-630-this-year.html

what people are reporting about layoffs:

• layoffs in jersey city are scheduled between october 30 & jan 24, 2027.
• employees affected by the latest round were notified last week.
• JC getting hit repeatedly
• layoffs depend more on the line of business than the office location.
• addt'l cuts across multiple locations, including the west coast, but smaller layoffs (no media coverage)
• warn notices show mostly jersey city cuts, with a smaller round in plano, texas.

so we continu cutting jobs despite reporting record $$$ results.

uncertainty continues.

peace out.

Assuming an average annual cost of $125,000 per employee, factoring in the mix of SVPs, VPs, Directors, Senior Managers, and the company’s cost of benefits, $1 billion in savings would translate to approximately 8,000 positions.

If only 1,000 employees have been impacted so far, that would account for roughly $125 million, or just 12.5% of the announced cuts.

I realize the $1 billion in cost reductions may include expenses beyond payroll, but if a significant portion is coming from workforce reductions, wouldn’t that suggest this first wave of layoffs is just the tip of the iceberg?

Am I missing something?

GEICO has announced job cuts impacting its Florida operations. The insurance company is reducing its workforce by 114 positions. These layoffs specifically affect the personal injury protection division. The affected employees are located in Florida. This action comes as part of a broader operational adjustment.

Tampa, Florida

https://www.bizjournals.com/tampabay/news/2026/11/02/geico-plans-layoffs-in-lakeland-legal.html