#restructuring

The Trade Desk is implementing a significant workforce reduction, impacting fifteen percent of its employees. This move is part of a strategic restructuring aimed at creating smaller, more focused operational units. The company's CEO cited a need for greater agility and sharpened focus in his internal communication. This downsizing follows a period of disappointing financial performance and significant executive turnover. The company aims to improve execution and platform capabilities through these changes.

New York, New York

https://www.businessinsider.com/the-trade-desk-lays-off-15-of-staff-2026-9

Layoffs across the United States reached their lowest point in four years during August. Employers announced 52,881 job cuts, a significant decrease from the previous year. This trend indicates a resilient job market despite a slowdown in hiring. Consumer products, food, and technology sectors saw the most significant reductions. Restructuring and economic conditions were the primary reasons for these workforce adjustments.

https://www.cbsnews.com/news/august-layoffs-hit-lowest-level-since-2022/

I have said this before, watch for reorgs they are the precursor to RIFs. If you end up moving to OCI your time is short. They will cut reshuffle and bleed. Sorry to the OAL org today. Other orgs moving under the grim reaper watch out!!!

Stay strong time to organize, embrace unions! The white collar is the new blue!

TScan Therapeutics is significantly reducing its workforce by 75% to reallocate resources. The company is pausing its hematological and autoimmune programs to prioritize preclinical solid tumor initiatives. This strategic shift aims to advance its solid tumor pipeline and seek partnerships for its paused programs. The decision was influenced by insufficient capital for ongoing trials and a recent collaboration termination. These changes are expected to extend the company's financial runway.

Waltham, Massachusetts

https://www.fiercebiotech.com/biotech/tscan-axes-75-workforce-make-room-solid-tumor-programs

I've worked in healthcare long enough to know the odds. Making it to retirement at a single company feels like winning the lottery. Layoffs, restructuring, mergers, or whatever else, but they always find a way to push you out before you get there. I'm not counting on it.

Two more RVP’S about to be canned in the next month…. Whos next?

Honestly, I’m pi---d.

Today we found out our CEC is closing. A lot of us have spent YEARS here. We knew something was coming, hiring slowed down, positions stopped being backfilled, and our headcount kept dropping. But hearing that we’re actually closing still hits different.

Now we’re being moved into another CEC.

And that means our teams get combined, opportunities get smaller, and there are fewer admin, CM and Sr. Manager roles for us to move into.

Then you look at the store closures and the push toward “digital first.”

So much for Frontline First.

We’re constantly told not to worry and that every change is just “consolidation.”

But we’re the ones watching our teams get smaller and our options disappear.

Maybe this really is just one CEC.

But if you’re sitting in another CEC thinking this has nothing to do with you…

I’d be paying attention.

Because when they need fewer buildings, they need fewer people to fill them.

And I really hope I’m wrong about what comes next.

heard it's getting the bin with the new boss/ceo coming in??

Biotechnology firm Cellares Corporation is reducing its workforce by 68 employees. These layoffs are occurring at the company's Bridgewater facility. The company stated the cuts are part of a restructuring effort. This move aims to focus resources on existing customer programs. The decision follows the termination of a partnership with a pharmaceutical client.

Bridgewater, New Jersey

https://www.nj.com/business/2026/09/68-nj-workers-to-lose-jobs-after-biotechnology-company-downsizes.html

ArsenalBio is undergoing a significant restructuring, laying off 99 employees to focus on in vivo CAR-T therapy. This strategic shift involves halting development of the company's ex vivo clinical assets. The biotech was once a strong fundraiser, securing substantial investments and partnerships. The company is now seeking new opportunities for its existing technology and assets. This move places ArsenalBio in a competitive field with several established players.

San Francisco, California

https://www.fiercebiotech.com/biotech/arsenalbio-sheds-most-staff-pivot-vivo-car-t

Any updates on Fidelis care? I saw an org chart on workday, and am seeing a lot of changes and restructuring happening. What are the latest updates?

WPP PLC is implementing a significant layoff of up to 1,000 employees. This move is part of a broader restructuring initiative aimed at improving operational efficiency. The company plans to divest non-core business segments and reduce property assets. These actions are intended to streamline operations and cut costs. The advertising giant is adapting to a changing industry landscape.

London, United Kingdom

https://www.gurufocus.com/news/9061082/wpp-plans-further-layoffs-amid-restructuring-efforts

Enrique is an engineer turned businessman. If you want to know how he treats his employees or his customers, just look at his track record. He's not a good guy, he's a good businessman. He uses all the financial levers at his disposal to increase the share price. He makes money, but it leads to eroded customer sentiment and poor morale.

He publicly defended third-party ink blockades on CNBC by stating that customers who don't buy HP supplies are a "bad investment" for the company. https://www.techspot.com/news/101593-hp-ceo-customers-who-dont-use-companies-supplies.html#:~:text=Tap%20to%20unmute.%20Your%20browser%20can't%20play,use%20our%20supplies%2C%20it's%20a%20bad%20investment.%22

He maintained software policies that remotely deactivate working Instant Ink cartridges inside a user's printer the moment a monthly subscription is canceled. That's bullsh-t, but it makes a lot of predictable money.

Executed multiple rounds of mass layoffs (up to 10%) while simultaneously authorizing billions of dollars in share buybacks and dividend increases to boost earnings metrics. https://www.pcmag.com/news/hp-to-lay-off-4000-to-6000-employees-over-the-next-3-years#:~:text=Updated%20December%201%2C%202025.%20HP%20will%20cut,artificial%20intelligence%20adoption%20and%20enablement%2C%22%20HP%20says.

Enrique spearheaded the HP+ ecosystem, making permanent internet connections, mandatory account setups, and zero third-party ink usage strict requirements for basic hardware operation.

Enrique shifted corporate resources away from core product innovation and technical support toward financial restructuring, leading long-time staff to criticize the abandonment of traditional engineering-first values ("The HP Way").

Based on recent organizational/Team changes throughout the company, recent executive departures, plans leaving states, hospitals/PCP going out of network ( Especially in NY) and the employee sentiment on this page, Centene feels like a sinking ship, and is sinking faster than anyone could have anticipated.

Has anyone heard any intel on layoffs or restructuring in September? Will it impact everyone? Or is this just the ongoing rumor?

Columbus Humane has laid off nine employees. This reduction represents about 12.5% of its total staff. The decision was made on January 15th. The nonprofit cited financial restructuring and long-term stability as reasons. These workforce reductions affected multiple departments within the organization.

Columbus, Ohio

https://www.10tv.com/article/news/local/columbus-humane-layoff-january-2026/530-e8c7e71a-382f-4dac-bd89-cba389868419

Bret Saunders is leaving KBCO 97.3 FM after a 28-year tenure. His departure coincides with widespread layoffs at parent company iHeartMedia. The media corporation is undergoing a nationwide restructuring to save $50 million. Saunders expressed his love for Colorado and hopes to continue working in the state. He was a prominent morning show host known for his trivia segments.

Denver, Colorado

https://coloradosun.com/2026/06/24/bret-saunders-leaving-kbco-denver-radio/

Full Sail University has eliminated 180 positions as part of a significant organizational realignment. These workforce reductions impact academic, administrative, and operational departments across the institution. The university cited shifts in workflows, enrollment patterns, and technology as drivers for these changes. Affected employees are receiving support from the Human Resources department. Despite these layoffs, Full Sail University stated that no degree programs are being discontinued.

Winter Park, Florida

https://www.wftv.com/news/local/full-sail-university-eliminates-180-positions-organizational-realignment/7PCAAXWJPZF6HHS4X3IU34ZT74/

I know this restructuring is really difficult, and I understand how stressful and uncertain things must feel right now. But at the end of the day, a company is still a company. Its priority is the business and the money, not necessarily the people. Whether STCB is performing well or not, or whether the Computational Team is doing a great job or struggling, it ultimately doesn’t change the fact that you need to think about your own future first. So, instead of worrying too much about what the company is going to do, start updating your résumé, interviewing with other companies, and preparing yourself to leave if the right opportunity comes along. There are many better companies out there. If you feel like you’re missing some skills, you can work on developing them before making a move, or you can move to another company first and continue building your skills there. Either way, the important thing is to create opportunities for yourself rather than waiting for the company to decide your future.

With so many executives leaving, it's hard not to wonder is Centene on its last legs, or is the company just going through a brutal restructuring?

Now we have a new CFO coming in from outside the healthcare industry. Will bringing in non-healthcare financial leadership turn the ship around, or will the steep learning curve just drive us further down?

Honest thoughts? Starting to get really worried about where we’re heading. :/

Our team just announced a restructure and shifted people around and not replacing a Director who jumped ship. Another sloppy decision from a mediocre leadership team. Sinking ship here in SLOD and all we focus on is RTO

I've watched restructures and personnel decisions systematically remove anyone who was intelligent, trustworthy, or actually cared about employees. The company has spent years making sure there's no one left who can lead effectively. And now we're surprised things are falling apart?

Hearing whispers of some restructuring of the branches in CA. Specifically the South LA branch becoming the main branch and OC and the Ventura branches being closed or turned into ghost warehouses. Anyone have any more info on that?

Blue Shield of California is implementing layoffs across the state. The company will eliminate 18 positions in the Sacramento area. These cuts are part of a larger statewide reduction of 60 jobs. The affected locations are El Dorado Hills and Rancho Cordova. This news indicates a restructuring within the organization.

https://www.bizjournals.com/sacramento/news/2026/08/25/blue-shield-sacramento-area-technology-layoffs.html

AI has become the primary stated reason for US job cuts, with verified figures through July 2026 already exceeding last year's total. While a widely circulated 205,000 figure is likely inflated, official data shows AI cited in over 112,000 layoffs this year, more than double 2025's count. These cuts are concentrated in customer service, data operations, and finance, impacting roles that often serve as entry points for new employees. Companies are increasingly using AI as justification for restructuring, leading to concerns about the removal of foundational training roles. The trend highlights a shift where AI is a common explanation for a smaller overall layoff number.

San Francisco, California

https://startupfortune.com/ai-layoffs-have-already-hit-205000-us-workers-in-2026-matching-all-of-2025/

T-Mobile US is implementing permanent layoffs in Washington state. The company will also close several of its retail locations. These actions were detailed in a filing with the state Employment Security Department. The job reductions are scheduled to begin on September 21. This move signifies a restructuring effort by the telecommunications giant.

Washington

https://seekingalpha.com/news/4637096-t-mobile-plans-layoffs-store-closures-in-washington

Megan Ellison's Annapurna Pictures has laid off approximately 30 employees, representing over 15% of its workforce. This significant reduction comes as the independent media company navigates shifting market conditions. The company confirmed the layoffs, stating they reflect current business realities. Annapurna is currently realigning its operations to adapt to the changing landscape of the entertainment industry. Ellison remains at the helm as CEO during this period of restructuring.

Los Angeles, California

https://variety.com/2026/film/news/megan-ellison-annapurna-layoffs-1236843926/

Has anyone heard about the new Medicaid Accounting Cash Team that’s supposedly being created? Looks like the team may be formed as part of the restructuring related to the VSP/ISP, with some, if not all, Accountant I and II positions on the Medicaid side potentially transitioning to the new team. Just wondering if anyone has heard more details or can confirm.

Automated cell therapy manufacturer Cellares is implementing layoffs due to the termination of a significant customer partnership. CEO Fabian Gerlinghaus stated the company needs to "resize" following this development. The exact number of affected employees and the identity of the departed customer remain undisclosed. This reduction aims to refocus resources on Cellares' ongoing clinical and commercial programs. The company maintains that its technology is proven and its fundamentals remain strong.

South San Francisco, California

https://www.fiercepharma.com/pharma/cellares-ceo-seeks-resize-company-after-loss-large-cell-therapy-manufacturing-customer

Seems like no one has any official word on what restructure will look like, how many can expect to be cut, when it may be announced vs when it will take effect. Any word from the “rumor mill?” Seems to be all we have. I’m a CC in a heavy Humana state.

• KPMG Australia is cutting nearly 400 jobs, affecting about 5% of its workforce, including 27 partners.
• Most job losses will fall within the firm's consulting and business services operations.
• The restructuring follows a whistleblower scandal involving allegations that confidential client information was misused by KPMG partners to help win new business.
• The controversy has damaged KPMG Australia's reputation and client trust and contributed to the loss of government contracts and increased regulatory scrutiny.
• KPMG Australia has also experienced a leadership shakeup, with senior executives departing while investigations into governance, ethics, and the whistleblower matter continue.
• Financial pressures are mounting: KPMG Australia's revenue reportedly fell around 1% in the financial year ending in June, while demand for some consulting and business-services roles weakened.
• KPMG plans to simplify its organizational structure, including changes to advisory and dealmaking operations, as part of a broader effort to rebuild the firm and improve efficiency.
• The firm says affected employees will receive practical and well-being support, but it has not ruled out further job cuts as internal and external reviews continue.
• The Australian cuts follow other major KPMG reductions, including roughly 400 US advisory jobs and hundreds of positions in the UK during the year.
• KPMG's restructuring reflects a broader global layoff trend, with companies across consulting and technology cutting staff because of restructuring, tougher business conditions, AI-driven changes, and—in KPMG Australia's case—the financial consequences of reputational damage.

Source:
https://www.youtube.com/watch?v=BmrGMoS5pBI

Heed my warning. To those in Audit Services, more layoffs and restructuring are coming.

Want to know why you were rewarded with gifts for getting audits done as quickly as possible last year? Want to know why you are conducting quick and easy testing under the guise of taking a "risk based approach"? Want to know why you were harassed (or dare I say threatened) to come in under hours and to falsify your time sheets if necessary? Want to know why they repeatedly told you that falsifying your time wouldn't come back to haunt you because no one is looking at utilization? Want to know why they moved several audits to an unheard of FOUR year cycle? It's not because they are trying to do the right thing. It's not because they are trying to protect our members. It's because leadership was told to make a case to lessen the amount of employees needed.

The newly announced operating model means there are still too many Audit Managers and staff. Trust me, they aren't done yet.

Cleveland Metropolitan School District is implementing significant changes for the upcoming school year, including closing 18 buildings and consolidating schools. These measures are part of a plan to address a $150 million deficit and avoid potential state oversight. The restructuring has resulted in over 200 layoffs among teachers and paraprofessionals. Despite these challenges, the district is working to ensure buildings are ready for students and has recalled 31 educators. Concerns about class sizes and textbook availability remain, but officials express optimism for a smooth transition.

Cleveland, Ohio

https://www.news5cleveland.com/news/local-news/we-follow-through/cmsd-students-return-to-school-amid-sweeping-changes-closures-and-staff-layoffs

Starbucks is relocating a significant portion of its workforce to a new Nashville office, leading to job cuts for those unwilling to move. Approximately 120 Seattle-area employees will lose their jobs for declining relocation, with an additional 104 positions being eliminated. The company is investing $100 million in the new Nashville complex, slated to open in 2027. This move is part of a broader restructuring strategy aimed at reducing costs and improving decision-making. Severance packages will be offered to departing employees, with the process expected to conclude by November 1st.

Seattle, Washington

https://www.ynetnews.com/business/article/r1dmqt00dzg

I'm yet to met a useful one.

Getting fired is now like a subscription service with multiple cancellation tiers.

“Layoff” if they’re feeling honest.

“Restructuring” if they’re feeling corporate.

“Performance management” if they want you to blame yourself.

“Voluntary separation” if they want you to fire yourself.

“Attrition” if they want to pretend nobody actually did anything.

“Role elimination” if they want to make it sound like your job died peacefully in its sleep.

“Strategic realignment” if they want you to believe your career simply took a wrong turn.

“Workforce optimization” if they want to imply the workforce was somehow the problem.

“Doing more with less” if they want to give you three jobs and one salary.

“Organizational simplification” if they want fewer people doing twice the work.

At this point, the only thing being optimized is the dictionary definition of unemployment.

They don’t need an HR department anymore.

They need a thesaurus with a severance budget.

The company laid off almost 50 employees due to "restructuring." Almost ALL of them were our warranty team. They want to offshore all of the jobs to maximize shareholder profit and minimize customer experience. Please do not buy from any VF company again.

The software company Qualtrics has initiated layoffs as part of a broader restructuring effort. This move is intended to facilitate a smoother integration following its recent acquisition. The company stated that the workforce reductions are a necessary step in this process. Specific details regarding the number of affected employees were not immediately available. This restructuring impacts operations globally.

Provo, Utah

https://www.sltrib.com/news/2026/08/22/qualtrics-layoffs-employees-utah

Quarter 4 looks extremely shaky now. Sales outlook dropping like a rock. Looks like the annual year end restructuring exercise is coming up again. Sit tight.

Lumileds is permanently closing its San Jose manufacturing facility. This action will result in the permanent termination of 24 employees. The closure is the second phase of a previously announced restructuring. These layoffs are tied to the transfer of manufacturing activities to Asia. The company's U.S. go-to-market operations will remain unaffected.

San Jose, California

https://inside.lighting/news/26-03/lumileds-san-jose-facility-set-close-layoffs-continue