#layoffs

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Baldwin Wallace Reduces Programs, Staff

Baldwin Wallace announced further program and staff cuts. The university will cease offering 35 academic programs. Ten faculty members face job elimination. These actions aim for financial stability amid declining enrollment. The university previously cut 35 positions.

https://www.clevescene.com/news/baldwin-wallace-announces-another-round-of-program-and-budget-cuts/


CBS 42 Announces Staff Reductions

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


Standard Chartered Plans 7,800 Back-Office Job Cuts

Standard Chartered Bank plans to cut approximately 7,800 back-office jobs. These reductions will affect over 15% of its back-office roles by 2030. CEO Bill Winters described this as replacing human capital with financial investment. This is part of a new strategy focusing on affluent Chinese customers. The bank also targets higher non-interest income and an 18% return on equity.

https://www.moomoo.com/news/post/70217825/ai-impacts-banking-jobs-standard-chartered-announces-8000-layoffs


Portland Budget Cuts Lead to Homeless Service Layoffs

Portland faces a significant $170 million budget shortfall. Mayor Keith Wilson proposed citywide cuts affecting various services. The Workforce Development Program for homeless individuals faces nearly $450,000 in funding reductions. These cuts threaten hundreds of participants and jobs at small nonprofits. Shelter providers like Transition Projects anticipate layoffs and fewer available beds.

Portland, Oregon

https://katu.com/news/local/were-facing-layoffs-portland-homeless-services-at-risk-under-budget-plan-homelessness-shelter-beds-capacity-city-council-politics-transition-projects-housing-service


America's Test Kitchen Announces Staff Reductions

America’s Test Kitchen laid off 24 employees. This reduction represents 10 percent of its workforce. The company stated the cuts support digital subscription initiatives. This follows previous layoffs in 2023 and last year. Fourteen union members were among those affected.

Boston, Massachusetts

https://www.bostonglobe.com/2026/05/18/business/americas-test-kitchen-layoffs/


NPR Restructures Newsroom, Offers Buyouts Amid Budget Gap

NPR is reorganizing its newsroom operations. The network is offering buyouts to approximately 300 employees. Layoffs will occur if insufficient staff accept voluntary departures. NPR faces an $8 million budget gap from reduced station fees and federal funding cuts. Recent large donations are primarily dedicated to technological innovation, not operating costs.

https://www.npr.org/2026/05/18/nx-s1-5821622/npr-buyouts-layoffs-reorganization


Niner Bikes Paused, Staff Dismissed

Niner Bikes operations have been paused. All employees were laid off today. United Wheels, its parent company, made this decision. The Fort Collins, Colorado-based brand pioneered 29-inch and gravel bikes.

Fort Collins, Colorado

https://escapecollective.com/niner-bikes-faces-layoffs-uncertain-future-after-pause/


Massive layoffs confirmed

ETIPS, legacy network infra/engineering, Cloud migration BS architects, bs data architects, Onprem legacy engineering and architecture, contact center contractors and middle management FTEs and legacy engineering teams, teams in legacy applications being off boarded with next few years are being trimmed as well. I got this info directly from an executive level resource who has no idea I lurk around here helping people. Shoot any question you have and I can find out more


How the he-l does it actually go down???

Can someone explain how these layoffs actually get determined? I feel like it’s just purely cost, but based on how pointless and anti productive it has ended up being I’m not sure if they actually give it any thought. Manager has been giving us the standard BS. (Saying a lot without actually saying anything) lol.


NIKE'S NEAR TERM FUTURE WILL BE DETERMINED WITHIN 3 TO 9 MONTHS

if we are in same circle going on and on with demoralizing layoffs, same stupid upper managements who has no clue or leadership quality, no new design of revolutionary shoes and direction then Nike's clock is ticking as we speak.

EH and new admin has here past 18 months. And 3 to 6 months will put his admin past 2 years. If they cannot come out new strategy, design and campaign with Nike's resource then we can say that EH is not right person. Or bluntly put, a failed turnaround CEO.

IF EH admin. cannot come out with new direction any time soon then Nike will be in deep sh-t and time to look for someone new.


Software engineering layoffs soon?

One IT department just announced last week it will be moving to AI SDLC. This means developers will basically just be 'reviewing' AI agentic code instead of writing.

What do you all think about this? Will Vanguard be doing layoffs/stealthy layoffs more often over the coming months?

In my opinion, the writing is on the wall and it has been getting more clear across the organization for a handful of years now.


No peace of mind

Has there been a single day in the past 12 months that we didn't have to worry about cuts? I'm pretty sure the answer is no. Even after the cuts are freshly over, we immediately start thinking about the next round, because we all know it's coming. How come we all allowed for this to become the new normal?


The Daily Wire Cuts Staff Amid Audience Decline

The Daily Wire recently implemented layoffs. The company's audience has significantly decreased across platforms. Its attempt to establish a "right-wing Hollywood" proved unsuccessful. The Daily Wire settled a $2 million class action lawsuit for data sharing. The media organization relocated its operations to Nashville in 2020.

Nashville, Tennessee

https://www.nashvillescene.com/news/pithinthewind/daily-wire-nashville-crashing/article_ff51493d-2df4-4b23-bd16-050b3b27cdbc.html


Charles River Laboratories Reports Q1 Loss, Cuts 71 Jobs

Charles River Laboratories recorded a net loss in the first quarter. The company also disclosed plans to lay off 71 employees. A one-time $118 million charge from asset sales led to the net loss. Without this charge, adjusted earnings per share beat expectations. New CEO Birgit Girshick introduced a strategic framework for future operations.

Wilmington, Massachusetts

https://www.masslive.com/news/2026/05/charles-river-laboratories-posts-loss-amid-dozens-of-layoffs-says-turnaround-on-track.html


Hemp Manufacturer Greenbean Ventures Exits Tennessee, Cuts 121 Jobs

Greenbean Ventures, LLC will lay off 121 employees. The hemp manufacturer operates eight locations across East Tennessee. These layoffs are effective July 13. The company plans to move its operations to North Carolina. Tightening state regulations on hemp products caused this decision.

Johnson City, Tennessee

https://www.wvlt.tv/2026/05/15/east-tennessee-business-lay-off-more-than-120-employees-move-north-carolina/


Voters Consider Budgets With Job Losses in Region

Voters in Central New York school districts are deciding on budgets. Many districts face increasing costs for health insurance, utilities, and transportation. State funding remains flat while enrollment is declining across the region. Several districts propose staff reductions, including layoffs, to close budget gaps. Liverpool, Fulton, Jamesville-DeWitt, and Cortland are among those planning job cuts.

https://www.syracuse.com/schools/2026/05/school-district-voters-head-to-polls-tuesday-to-decide-on-budgets-including-some-with-layoffs.html


AP Restructures, Cuts 20 Staff Amid Print Shift

AP cut 20 U.S. journalist positions on Friday. This is part of a larger restructuring. The organization is changing its operational focus. It is moving away from traditional print journalism. The AP will now emphasize visual journalism and new revenue streams.

https://www.editorandpublisher.com/stories/ap-finishes-us-restructuring-with-round-of-20-layoffs-part-of-strategic-pivot-from-print,261683


Starbucks Cuts 252 Corporate Jobs in Seattle

Starbucks announced 252 corporate job cuts in Seattle. These layoffs impact vice presidents, directors, and senior managers. The company stated cuts will sharpen focus and lower costs. Separations are expected from July 17 through February 1, 2027. Starbucks is also closing some regional support offices.

Seattle, Washington

https://www.geekwire.com/2026/starbucks-layoffs-impact-252-jobs-at-seattle-support-center-including-vps-and-other-senior-roles/


Cree Lighting Eliminates Office Roles in New Layoff Round

Cree Lighting announced a second round of layoffs impacting its Racine, Wisconsin facility. Twenty-eight positions were eliminated on May 14, according to a federal notice. These cuts primarily affect office and support roles, including tax, graphic design, and marketing. The company cited "unforeseeable business circumstances" for bypassing the 60-day notice requirement. This action follows 172 manufacturing job cuts made in March.

Racine, Wisconsin

https://inside.lighting/news/26-05/cree-lighting-launches-round-two-layoffs


Betting Industry Layoffs Rise as Growth Cools

The online gambling industry is experiencing widespread layoffs. Penn Entertainment recently cut over 70 jobs in its interactive division. Gambling.com Group also laid off approximately a quarter of its employees. These reductions reflect a shift towards efficiency and AI adoption. Industry growth is slowing, forcing companies to streamline operations.

https://www.gamblingnews.com/news/betting-firms-cut-jobs-as-industry-growth-stalls/


Some of us work hard and follow our own ethics because that is simply who we are

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.


Innovaccer Cuts 340 Jobs Amid AI-Native Shift

Healthtech unicorn Innovaccer laid off approximately 340 employees. These job cuts occurred across India and the United States. The company is restructuring operations to become "AI-native." This marks Innovaccer's third layoff round in four years. Affected staff will receive severance and transition support.

San Francisco

https://www.peoplematters.in/news/strategic-hr/indian-founded-unicorn-joins-ai-layoff-wave-with-340-job-cuts-across-india-and-us-49780


TCS Mandates 5% Lowest Performance Rating, Layoff Fears Emerge

TCS has instructed managers to classify 5% of employees in the lowest performance category. This directive applies to the latest appraisal cycle. The move has generated concerns about potential new layoffs. This follows a previous retrenchment of approximately 2% of its workforce. The company had previously planned to let go of 12,200 employees in fiscal year 2026.

https://www.ndtvprofit.com/business/tcs-asks-managers-to-put-5-staff-in-band-d-stoking-fears-of-fresh-layoffs-report-11512010


Gambling.com Group Stock Halved Following Layoffs, Q1 Loss

Gambling.com Group's stock price plummeted sharply. Its shares fell by 53% in a single day. This decline followed an announced cost-cutting program. The company plans to restructure and lay off 25% of its staff. First-quarter results showed a $1.17 million net loss and a 43% EBITDA decrease.

https://wnhub.io/news/hr/item-50863


What Employees Have Lost Over The Years

Emplyoyees have lost:

  1. Company paid medical benefits
  2. Profit Sharing
  3. The monthly possibility of promotions. Now done only annually
  4. Company contributions to 401K with each pay check. Now done only annually
  5. 2% or less raises
  6. Your own desk. Now having to come in each day to seek a desk with hoteling.
  7. No personal file space.
    Employees have gained:
  8. More work due to layoffs and resignations of colleagues, and job uncertainty

So how does management expect to keep and attract employees under these circumstances?


Egg Harbor Township School District Reduces Staff Due to Budget

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 Schools Cut Staff Amid Enrollment and Funding Crisis

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/


US Freight Sector Sees Over 5,100 Job Cuts

Over 5,100 workers faced layoffs across the U.S. supply chain sector. These job cuts affected logistics, manufacturing, and transportation companies. Major employers like FreshRealm, GEODIS, Ryder, and DSV announced significant reductions. Reasons included restructuring, contract losses, and softening industrial demand. Layoffs spanned at least 20 states, impacting various facility types.

https://finance.yahoo.com/economy/articles/more-5-100-freight-related-110000455.html


Arbitrator Finds UO Disregarded Seniority in Librarian Layoffs

The University of Oregon disregarded seniority during librarian layoffs. A neutral arbitrator ruled against the university's decision. The arbitrator found both junior and senior librarians were qualified. Contract terms required seniority to be a priority in such cases. This ruling followed layoffs impacting eight library positions in summer 2025.

Eugene, Oregon

https://dailyemerald.com/188380/news/after-fall-cuts-and-layoffs-uo-librarians-reappointed/


Oakland City University Workers Face Unpaid Wages, Closure Risk

Oakland City University employees did not receive their May 8 paychecks. The Indiana institution previously warned 167 workers of June 1 layoffs. The university is seeking donations from two companies to cover payroll and remain open. It also considers selling a carbon capture patent and has listed two buildings for sale. The Higher Learning Commission is investigating the situation.

Oakland City, Indiana

https://www.insidehighered.com/news/institutions/religious-colleges/2026/05/18/warned-layoffs-oakland-city-u-workers-arent-paid