#layoffs

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Visa layoffs hit senior ranks, including six VPs and 37 senior directors

Visa recently conducted a significant workforce reduction, impacting approximately 7% of its employees. This restructuring effort involved the elimination of around 2,600 positions across various levels of the company. The cuts included a notable number of senior roles, such as six vice presidents and 37 senior directors. Company leadership cited evolving work methods and the influence of artificial intelligence as key drivers for this organizational change. These layoffs occurred alongside the company's fiscal third-quarter earnings report and a substantial acquisition.

Foster City, California

https://hrexecutive.com/visa-layoffs-reach-senior-ranks-including-six-vps-and-37-senior-directors/


WKBW Station Faces Staff Reductions

E.W. Scripps, a major television company, has implemented significant layoffs across its national operations. This wave of job cuts has impacted Western New York, resulting in the dismissal of eight employees at WKBW. The affected staff members will depart at the end of the current month. These changes follow the departure of a long-time morning show co-anchor for a role outside of the media industry. The company has not provided further details on the scope of these nationwide reductions.

Buffalo, New York

https://thenew961.com/layoffs-wkbw-buffalo-new-york/


TikTok Shuts Nashville Office, Cuts 250 Jobs

TikTok is closing its Nashville office and laying off 250 employees. This move impacts the team responsible for content review on the platform. The company cited streamlining operations and aligning teams for long-term growth as reasons for the closure. TikTok is increasingly relying on artificial intelligence for content moderation. This decision comes as the company operates under a new U.S. joint venture structure.

Nashville, Tennessee

https://balleralert.com/tiktok-layoffs-nashville-office-closure/


Music Publications Face Layoffs Amidst Madden Brothers' Business Moves

Joel and Benji Madden's livestreaming platform, Veeps, has reportedly laid off staff at several prominent music publications. These outlets include Alternative Press, BrooklynVegan, Revolver, and Goldmine. The news has drawn significant criticism from fans, musicians, and journalists alike. Many view this as a betrayal to the independent music journalism scene that once supported the Madden brothers' band, Good Charlotte. As of now, no official statement has been released by the Madden brothers, Veeps, or Live Nation regarding the reported layoffs.

New York, NY

https://parade.com/entertainment/madden-brothers-veeps-controversy-explained-good-charlotte-layoffs-backlash


Madden Brothers' Publications Face Criticism

Mass layoffs have impacted four prominent music journalism outlets, leading to industry-wide condemnation. The publications affected include Alternative Press, BrooklynVegan, Revolver, and Goldmine. These cuts were enacted by Veeps, a live-streaming platform co-founded by Joel and Benji Madden. The move has drawn significant backlash, particularly given the role these outlets played in the early careers of bands like Good Charlotte. Additionally, former employees have come forward with allegations of workplace harassment.

New York, NY

https://ghostcultmag.com/madden-brothers-veeps-layoffs-alternative-press-brooklynvegan-revolver-goldmine/


Washington State Sees Significant Job Losses

Nearly 12,000 jobs have been eliminated across Washington state in 2026, impacting 84 companies. Major technology and communications firms like Amazon, Meta, and Microsoft are among those with the largest workforce reductions. The state's Employment Security Department tracks these layoffs through its WARN portal. Displaced workers may qualify for unemployment benefits and retraining programs. This trend highlights a challenging economic period for the state's workforce.

Washington

https://newstalkkit.com/washington-biggest-job-layoffs-of-2026/


Avamere Health Services Cuts Jobs

Avamere Health Services is implementing a significant restructuring plan. This initiative will result in the elimination of 129 positions starting in September. Further workforce reductions are scheduled for October and subsequent months. The company is shifting its focus from skilled nursing to senior housing and home-based services. These layoffs are not associated with any union.

Portland, Oregon

https://www.aol.com/articles/tigard-healthcare-provider-announces-100-220513000.html


Minnesota Companies That Cut Jobs in July: See the Full List

Over 250 Minnesota workers will lose their jobs as four companies filed WARN notices in July. These filings indicate mass layoffs or facility closures across the state. Northern Iron in St. Paul is ceasing operations entirely by year-end, impacting 86 employees. Pearson's Candy Company will close its St. Paul manufacturing facility, affecting 80 workers due to financial unsustainability. Acuity Brands Lighting is closing its Winona plant, with an unspecified number of employees affected. Transdev Services in Rochester will close its facility after its city contract ends, impacting approximately 84 employees.

St. Paul, MN

https://patch.com/minnesota/saintpaul/these-mn-companies-had-mass-layoffs-july-list


Resource Label Group Closes Nashville Facility

Resource Label Group is closing one of its Nashville locations. This action will result in job losses for some employees. The article does not specify the exact number of workers affected. The facility's closure date is also not provided. Further details are reserved for subscribers.

Nashville, Tennessee

https://www.bizjournals.com/nashville/news/2026/08/07/resource-label-group-closure-layoffs.html


Tennessee Job Cuts Exceed 5,100

Tennessee has experienced over 5,100 layoffs through the first half of the year. Shelby County alone saw nearly 1,500 of these job reductions. The article indicates a significant increase in workforce reductions across the state. Specific companies and sectors contributing to this figure are not detailed in the provided text. This trend suggests a challenging economic environment for employment in the region.

Memphis, Tennessee

https://www.bizjournals.com/memphis/news/2026/08/07/tennessee-layoffs-metro-comparison-june-2026.html


Oceanographic Institution Faces Job Cuts

The Woods Hole Oceanographic Institution has eliminated 26 positions due to federal funding reductions and delays. This action reflects broader financial challenges impacting research institutions nationwide. The affected roles supported scientific research and institutional operations. WHOI relies heavily on government grants and contracts for its funding. These layoffs highlight the vulnerability of scientific endeavors to federal budget fluctuations.

Woods Hole, Massachusetts

https://www.capecodtimes.com/story/news/local/2026/08/08/woods-hole-oceanographic-institution-layoffs-cape-cod-falmouth/91118431007/


Still nothing

Enrique just continuing to ruin the mental health of all employees with his absolute lies and gaslighting

This company is criminal

If you're letting people go just do it already and stop talking rubbish

Forcing people to quit by destroying the morale in the whole company

The whole board should be scrapped


Bankruptcy?

Transcript: The 500 billion dollar company Oracle is now on the brink of bankruptcy.
And the situation is only getting worse.
Let me explain.
The company has now taken on over 130 billion dollars to rapidly build A I.
Data centers to satisfy. Their over $638 billion in demand for A I capacity.
Now it doesn't sound that crazy until you look at the numbers closer.
Nearly 50% of the entire demand comes from just one company
Open A I. The same company that lost over $38 billion last year
and is on track to lose over $27 billion this year.
The Company has no path to profitability
and if they pull out their commitments to Oracle,
then they have a 300 billion dollar problem.
And investors are already anticipating this is going to happen.
The cost of insuring Oracle's debt has skyrocketed to over 200 basis points,
which is even higher than when Lehman Brothers collapsed in 2008.
But it gets worse. The same man
that made over a billion dollars shorting the housing market in 2008,
Michael Burry, just put out a massive short position on Oracle.
And if he's right like he usually is,
then this could collapse the entire A I bubble.

Source:
https://vm.tiktok.com/ZN8Ru8Ujp/


Nike Innovation: Where the Future Is Always Coming - Just Never for the Employees

Welcome to Nike Innovation, where we fearlessly reimagine everything except leadership, accountability, and how people are treated.

Here, “innovation” means arranging the same executives into exciting new organizational charts and announcing the results in a presentation titled The Future of Innovation.

The process is revolutionary:

Talented people generate the ideas.
Talented people do the work.
Management adds “strategic guidance.”
Leadership presents the outcome.
The people who created it are reorganized, deprioritized, or shown the door.

That’s the famous Nike carrot-and-stick model.

The carrot: You get to tell people you work at Nike Innovation—the magical place where the future of sport is supposedly invented.

The stick: You eventually realize the most carefully engineered product is management’s protection of management.

Failure is pushed downward.
Credit is pulled upward.
Accountability disappears somewhere in the middle.

But don’t worry: after treating the people doing the work as disposable, leadership will schedule an all-hands meeting about courage, belonging, vulnerability, and putting athletes at the center.

Because nothing says “innovation culture” like frightened employees listening to protected executives explain the importance of taking risks.

Nike Innovation doesn’t have a shortage of brilliant people or powerful ideas. It has a system that consumes both while congratulating itself for being visionary.

The employees innovate.
Management appropriates.
The PowerPoint celebrates.

And when the people responsible for the work are finally exhausted or eliminated, leadership can proudly announce another transformation.

Nike Innovation: If we rename the dysfunction often enough, eventually someone might mistake it for progress.


Dallas Proposes Budget Cuts and Job Reductions

The City of Dallas has unveiled a proposed $5.66 billion budget for the upcoming fiscal year. This plan includes the elimination of 296 jobs to achieve $17.3 million in savings. City Manager Kimberly Bizor Tolbert cited rising costs, evolving resident expectations, and rapid technological advancements as drivers for this reorganization. Despite these cuts, funding for the Dallas Police Department is slated for an increase, with plans to hire hundreds of new officers. The budget also details reductions in library services, parks and recreation, and transportation and public works departments.

Dallas, Texas

https://www.cbsnews.com/texas/news/dallas-budget-shortfall-layoffs-kimberly-tolbert-ai-july-2026/


Chicago Schools Reverse Layoffs Amidst Budget Deal

Chicago Public Schools has announced that all previously planned layoffs are rescinded due to an amended budget incorporating increased state funding. District leadership expressed confidence in meeting payroll and opening schools on schedule. This development follows the Board of Education's decision to hold state officials accountable for underfunding. A coalition of stakeholders, including the union and legislative leaders, is working to secure the necessary revenue. Further details on the implementation of the reversed layoffs are expected.

Chicago, Illinois

https://www.ctulocal1.org/posts/weekly-bulletin-layoffs-reversed-cps-joins-the-team-school-opens-on-time/


Citi Continues Workforce Reductions

Citibank has recently eliminated 268 positions at its New York headquarters. This latest action is part of a broader, ongoing layoff initiative by the financial services firm. Year-to-date, the company has reduced its workforce by 881 employees in New York City. These cuts are attributed to aligning staffing with business needs, technological efficiencies, and transformation progress. The company previously announced plans to cut 20,000 employees by 2026.

New York, New York

https://www.thinkadvisor.com/2026/08/07/citi-cuts-268-jobs-at-ny-headquarters-part-of-ongoing-layoffs/


Dallas Faces Potential City Worker Job Cuts

Dallas City Manager Kimberly Bizor Tolbert has indicated that upcoming budget decisions may lead to layoffs for city employees. The city is facing a changing financial environment and cannot rely on predictable revenue growth. Tolbert stated that no programs or practices are exempt from review if they do not serve residents effectively. While the exact number of affected employees is not yet known, over 250 positions are being considered for elimination. The city plans to hold town hall meetings to discuss the budget and its impact on the workforce.

Dallas, Texas

https://www.nbcdfw.com/news/local/dallas-city-manager-signals-possible-layoffs-for-city-employees-ahead-of-next-months-budget-vote/4059817/


Walmart Gaming Site Ceases Operations

Walmart's gaming media venture, Restart, has abruptly shut down its entire editorial staff. This move signifies the complete cessation of original content production for the site. The company's attempt to build a gaming audience within its ecosystem has failed. This outcome aligns with a history of corporate gaming media experiments that have not succeeded. The employees who created the content are now facing a challenging job market.

Bentonville, Arkansas

https://happygamer.com/walmart-restart-gaming-site-layoffs-editorial-team-161534/


That's No Moon Cuts Staff After Game Debut

That's No Moon, the studio behind the upcoming Crossfire title, has reportedly laid off fourteen employees. The news surfaced following the game's reveal at Summer Game Fest. The company has not yet officially confirmed the layoffs. It remains unclear if this will impact the development of their new sho-ter. This development occurs amidst a broader trend of industry-wide workforce reductions.

https://gamingbolt.com/crossfire-developer-lays-off-14-employees-after-high-profile-reveal-rumor


Oregon Jobless Rate Surges

Oregon's unemployment rate has significantly increased, now ranking as the third highest nationally. This rise began approximately three years ago, with the jobless rate hovering above 5% for the past year. Major layoffs at prominent companies like Intel, Nike, and OHSU, alongside weakness in construction and manufacturing, have impacted the state's economy. Unlike other western states, Oregon has experienced consistent year-over-year job losses since January. Employment in Multnomah County remains substantially below its 2019 peak.

Portland, Oregon

http://www.chronline.com/stories/oregon-unemployment-rate-climbed-from-middle-of-the-pack-to-near-the-top,406510


Hospital Cuts Staff Amid Financial Strain

Lane Regional Medical Center has confirmed workforce reductions due to significant financial challenges. The organization is experiencing a difficult period financially. These layoffs are a direct consequence of the ongoing fiscal pressures. The hospital is taking steps to address its financial situation. Further details on the extent of the layoffs were not immediately available.

Baton Rouge, LA

https://www.wafb.com/video/2026/08/07/lane-regional-confirms-layoffs-amid-financial-woes-2/


Starbucks Continues Seattle Store Reductions

Starbucks has closed another downtown Seattle location, marking a continuation of recent store closures and layoffs. The company has been strategically reducing its footprint, citing a need to align store environments with customer and partner expectations and to improve financial performance. These closures have been accompanied by significant workforce reductions across various levels of the organization. The company is also shifting some corporate operations to a new office in Nashville. These moves have drawn criticism from former CEO Howard Schultz regarding the business climate in Seattle.

Seattle, Washington

https://www.kiro7.com/news/local/starbucks-shutters-another-seattle-store-closures-layoffs-mount/B2GEPRHF2BFLJKCTRFEHTH2NIQ/


Shareholders Approve CEO Pay Hike Amid Layoffs

Monday.com shareholders overwhelmingly approved significant compensation increases for its co-CEOs, nearly doubling their annual pay packages. This decision comes despite the company's recent announcement of a substantial workforce reduction and a decline in its market capitalization. The company cited impressive past performance and a desire to align executive compensation with industry peers. However, investors are concerned about the company's future growth prospects in the evolving AI landscape. The approved plan significantly boosts equity awards for the CEOs.

https://www.calcalistech.com/ctechnews/article/ep5i5wobs


strat confusion

gotta love clinically clueless strat team 4 centerwell cutting social work and mental health then asking to hire lcsws again. pitiful for patients. also these are peoples lives and jobs while you make 3x what an actual clinical leader earns. karma will tell.


More layoffs - 12% of staff

Yep, another 12%. Media companies across the US continue to circle the drain.

https://deadline.com/2026/08/ew-scripps-layoffs-ai-local-tv-1237028507/

p.s. Feel free to add that short, toxic, fat, combative liability of a new CISO to the list. Someone who actually fits in the culture would make things better. His enemies list grows week by week.


Sh*tty Managers

Im curious why leadership/ HR has not figured out that protecting the people that charge indirect labor (middle management) and treating your workforce like cr-p to the point they resign doesn't make you more money.. your DL money makers are quitting but your heads are so far up your own as*es you cant see this circlej--kis driving the company into the ground.


I’m tired of this pr!ck…

Getting tired of the Teflon BS coming from MD and his staff on social media. Look over here at my spoiled son who amazingly got a billion dollars of funding to put batteries(?) in people’s back yards. D-mb as f*ck idea. But daddy promotes it like crazy. Every nation needs sovereign AI, build more data centers, meanwhile in the real world his company is falling apart. He’s laying off 10’s of thousands of people. His presidents are mo--ns and his SVPs are even worse. They’re just “yes men” who would sell their own kids for a buck. Greedy ba----ds. It’s got nothing to do with the fact that they have money, it’s pathetic and sad that their entire life IS about money. Pathetic human beings and ba----ds who do nothing but su-k America dry and don’t give anything back. They’re the problem and they need to get out.


Why are we using AI automation to eliminate “tens of thousands of jobs” when the real savings are in the C-Suite?

Our CEO claims the bank needs to automate routine tasks to save money. But if the goal is truly maximum cost reduction, the math isn't adding up.

  • The Worker: Costs a modest salary, generates direct output, and uses AI to get 30% faster.
  • The Executive: Costs millions in base pay, multi-million dollar bonuses, massive stock grants, and golden parachutes.

If AI is excellent at synthesizing massive data sets, forecasting market trends, predicting risks, and optimizing resource allocation... isn't that literally the job description of our C-Suite?

And more importantly, is the constant focus on cost reduction the most effective path to growth?

A tireless AI-replaced C-suite could intelligently transition Wells Fargo from a defensive "crisis-management" posture into a growth-oriented, technologically advanced institution with unwavering focus. By pivoting away from the aggressive cost-cutting and East Coast centralization that defined our CEO’s tenure, a new AI leadership could optimize the bank across 3 primary areas that include 1. Aggressive Technical and Digital Modernization 2. Business Diversification and Revenue Growth, and 3. Modernization of Risk and Compliance.

Eliminating the C-Suite introduces truly independent oversight, while removing bias and self-dealing, ethical issues, nepotism, lack of accountability, and stifled innovation due to an outdated old boys club mentality.

If we are truly entering an era of peak efficiency, let’s start at the top of the org chart, not the bottom.


Twilio Stock Surges After Q2 Earnings

Twilio's video and voice APIs along with their voice-based AI features, are proof that this space is very much a growth market.

Cisco had the same assets and the same opportunity. Instead it filed the people building this technology under non-core, non-growth, legacy, and let them go.

The market just told Cisco what it thinks of that call.