#workforcereduction

Western New York experienced job reductions. More than 700 layoffs occurred in the second quarter. These cuts affected various industries. One specific industry accounted for the majority of these job losses.

https://www.bizjournals.com/buffalo/news/2026/07/02/layoffs-jobs-western-new-york-second-quarter-q2.html

I don’t think their plan backfired at all. I think it is going exactly the way they intended for it to go. Without having to issue a single WARN notice and look “bad” to investors, they manipulated a huge chunk of their workforce to “quit” their jobs and they now have the power to say who goes and when you go. Money is power and this challenging economy was perfect timing for them to exercise control.

When and which teams would be impacted

Nike is undergoing a significant business restructuring. The company has ceased operations at its Fitness Studios. It consolidated tech offices, affecting around 1,400 employees. Nike also closed its prominent New York City retail location. These changes reflect a shift towards wholesale partnerships and away from its prior direct-to-consumer model.

https://www.thestreet.com/retail/nike-closes-stores-studios-and-its-flagship-location

AI is fundamentally changing how work gets done, according to HR leaders. HiBob CEO Ronni Zehavi states AI allows companies to scale output without proportional hiring. He emphasizes that successful organizations will prioritize workforce design and agility over headcount. This involves organizing around skills and capabilities, pushing decision-making closer to the work. The future workforce will be dynamic, focusing on human-machine partnership and developing human potential.

West Palm Beach, FL

https://hrexecutive.com/the-death-of-the-megacorporation-may-be-a-bigger-story-than-layoffs/

Cape Fear Valley Health announced workforce reductions this week. Approximately 200 positions are being eliminated. This includes 138 currently filled jobs. Declining federal reimbursements and rising healthcare costs drove the decision. The health system aims for long-term financial stability.

https://www.wral.com/news/local/cape-fear-valley-health-cuts-200-positions-july-2026/

With all the H1Bs and outsourced roles (totaling millions of jobs), no wonder the job market is “down”. Not to mention, I know several people in office who got their children internships and full time roles here. This cr-p is ridiculous and all companies who partake in undermining American opportunities should be fined heavily and required to hire locally. Dont start with “lack of talent”. Thats a lie. We have more than enough, these companies just don’t want to train or pay Americans when they could do it for a fraction with foreigners.

Microsoft is reportedly preparing to cut thousands of jobs as early as next week. These layoffs could affect less than 2.5% of its total workforce. Xbox, sales, and consulting roles are expected to be impacted. This move follows a pattern of tech giants trimming traditional headcount. The timing aligns with Microsoft's fiscal year-end budget review.

https://invezz.com/ie/news/2026/07/01/microsoft-layoffs-loom-again-and-this-time-xbox-is-not-the-only-target/

It’s gonna be bad my n - Dustin Poirier

British American Tobacco is undertaking a major workforce restructuring. Approximately 5,500 positions will be eliminated, and 3,500 roles moved to third-party providers. The company aims to reduce costs and improve profitability through AI and outsourcing. This overhaul responds to declining traditional tobacco sales and increasing regulations. BAT expects to generate £600 million in annual savings by 2028.

https://anz.peoplemattersglobal.com/news/strategic-hr/ai-driven-layoff-one-of-the-worlds-biggest-cigarette-makers-is-cutting-5500-jobs-50587

Sonos recently implemented a new round of workforce reductions. The company cut 3% of its staff across several teams. Affected departments included user experience, product, and design. This follows an earlier round of layoffs in April. Sonos aims to streamline operations and improve efficiency.

Santa Barbara, California

https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/sonos-cuts-3-staff-across-user-experience-product-teams

I've heard that only sales will have layoffs, all the "new way of doing business" is all sales related.

Other orgs won't be getting cut

Verizon needs to shed 8-10k more people to meet its 5B opex reduction by EOY. Maybe more when you factor in VZF.

https://americanbazaaronline.com/2026/06/10/dell-sec-filing-signals-more-workforce-cuts-as-severance-costs-climb-482584/

Studies indicate that workers utilizing artificial intelligence are less likely to face layoffs. This trend contradicts widespread fears about AI displacing jobs. Only a small percentage of laid-off workers attribute their job loss directly to AI. West Virginia's workforce is considered less exposed to generative AI applications than the national average. The increased demand for energy from AI data centers presents economic opportunities for energy-producing states like West Virginia.

Clarksburg, West Virginia

https://www.wvnews.com/news/wvnews/studies-ai-skills-shield-workers-from-layoffs-west-virginia-itself-less-susceptible/article_0144aff5-075b-4955-b7ec-7d79fbd5ff30.html

McKinsey & Company plans to cut 3,000 to 4,000 jobs. This affects about one-tenth of its global staff. The reductions focus on back-office and junior research roles. Generative AI has shortened delivery timelines in these areas. This indicates AI directly replaces junior analyst work.

New York, United States

https://news.outsourceaccelerator.com/mckinsey-layoffs-ai-consulting/

BitGo announced a 15% staff reduction. The company cited changes in the evolving ecosystem. BitGo will now concentrate on security, trading, stablecoins, settlement, and AI-powered infrastructure. This reduction follows widening net losses despite strong revenue growth. BitGo's stock fell 4.76% on the New York Stock Exchange.

https://www.theblock.co/amp/post/406266/bitgo-layoff-ai-infrastructure

You can Google it I'm not posting a link.

I got a crack out of the article. CEOs should tell us more about how they're moving jobs overseas, decimating the workforce with AI, while accepting larger and larger bonuses.

• A significant shift in sentiment has made the job of running a company tougher, with CEOs complaining they are overworked, overstressed and subjected to endless scrutiny.
  The rise of political populism and volatile shifts in trade policy have contributed to the decline in admiration for CEOs, with polls showing they are no longer as admired as they once were.*

Seattle-based customer data startup Amperity conducted layoffs this week. The company confirmed the workforce reduction was due to an AI-driven transformation. Amperity did not specify the exact number of affected employees. This shift changes where the company is investing and the team's structure. The layoffs follow co-founders recently taking on co-CEO roles to focus on AI opportunities.

Seattle, Washington

https://www.geekwire.com/2026/amperity-hit-with-layoffs-as-ai-changes-the-shape-of-the-customer-data-startup-and-how-it-operates/

Teammates were let go and replaced by offshore. The gossip was we pay Infosys less $5 per hour for offshore. There's no way onshore can compete.

Rob decided Ai was better than Humans? I heard there have been lay offs in favor of Ai.

Major change is how Opentext operates starts July 1. This change requires fewer people to do all jobs. WFR notifications start next week.

Third? Fourth?

Employee Layoff Notification and Transition Details

Date/Time: June 25, 2026, 12:00 PM EDT

Overall Summary

The manager informed the employee that their role is being eliminated due to restructuring and budget changes, with a last working day of July 27. The employee was offered a severance package including three months' pay and career transition services. The employee was encouraged to apply for internal roles and continue working during the notice period.

Key Points

The employee's role is eliminated due to workforce rebalancing and budget cuts, focusing on implementation and delivery work instead of architecture roles

Severance includes a three-month payment and requires signing a separation agreement

Career transition services and internal job application support are provided, with links to be sent via email

The employee can continue working and clocking hours during the 30-day notice period

The manager confirmed multiple employees are affected but did not specify numbers

Action Items

Manager to send separation agreement, severance package details, and internal job links to the employee via email

Employee to review separation agreement and consider consulting a lawyer if needed

Employee to apply for internal roles within the company during the notice period

Open Questions

Exact number of other employees affected by the layoffs

Clarification on eligibility for recommendations to future employers

Details on responsibilities and expectations during the notice period beyond continuing current work

What positions are considered NOT business critical?

Layoffs started today at optum
2 of my 10 person team were let go today

I wonder if any DEI department employees were let go.

Compulsion Games has begun layoffs. An unknown number of employees are affected. The company initiated these staff reductions. Specific details about the cuts are not provided in the article. This action represents a change in its workforce.

https://www.windowscentral.com/gaming/compulsion-games-begins-an-unknown-number-of-layoffs

Micron Technology implemented significant layoffs in 2023. These reductions affected approximately 7,200 global positions. The company's workforce has since rebounded. Micron reported 53,000 employees by August 2025. Micron expects to support 90,000 jobs through future investments.

Boise, Idaho

https://www.thestreet.com/investing/stocks/micron-employees

https://www.bevnet.com/spirits/2026/reports-diageo-layoffs-hit-north-american-business-unit

How long do yall think before anadarko and Marcellus basins both get sold after the merger? Kimmeridge and Toms Capital are both very vocal on Devon leaving these assets behind, and Kimmeridge was supposedly a big factor on forcing Coterra into changes that led to the merger. Marcellus already has an 8 billion dollar offer on the table. Will this be Devon’s way of reducing the workforce and gaining capital back?

Rumors are about 10,000 people will be affected.

Will this involve layoffs? Or will there be mainly box moves?

Does anybody know more?

Or will there be more throughout the rest of the week?

iHeartMedia initiated a programming realignment today. This initiative includes a new round of layoffs. The company aims to scale its new technology capabilities. It also seeks to achieve $50 million in cost savings. Several employees across multiple markets have been impacted.

https://radioinsight.com/headlines/360118/iheart-starts-programming-realignment-with-ongoing-cuts/

Lucid Group Inc. is conducting its second round of layoffs this year. The electric vehicle startup is reducing its overall headcount. These job cuts affect a small number of Michigan workers. Specifically, the Southfield operations are impacted. This downsizing reflects the company's retrenchment efforts.

Southfield, Michigan

https://www.crainsdetroit.com/manufacturing-logistics/automotive/cdb-lucid-motors-layoffs-20260623/

TrueCar cut 30% of its workforce today. This action followed the company going private last month. Founder Scott Painter led the $227 million acquisition. He also rejoined TrueCar as chief executive. New leadership reevaluated operations before these layoffs.

https://www.autofinancenews.net/allposts/risk-management/truecar-lays-off-30-of-staff-amid-reorganization/

Wells Fargo faces scrutiny over recent workforce reductions. The bank simultaneously filed hundreds of H-1B visa applications. This activity sparked renewed debate on foreign worker programs. CEO Charlie Scharf expects further workforce reductions for efficiency. Layoffs are part of ongoing restructuring and technology investments.

North Carolina

https://americanbazaaronline.com/2026/06/22/wells-fargo-layoffs-renew-debate-over-h-1b-hiring-483268/

The big list is being finalized as we speak. Get your resumes dusted off, your lawyers dressed up, your data downloaded and your bathing suits on for a nice, forced summer vacation.
Much Love,
Boston Consulting Group and your Failed Leadership

Arizona

• Lucid Motors is cutting roughly 1,500 workers, representing about 18% of its U.S. workforce and eliminating a production shift at its Arizona factory, with keywords including electric vehicles, restructuring, cost reduction, and manufacturing.

Massachusetts

• Coca-Cola is closing its Northampton, Massachusetts plant and laying off about 175 workers, with keywords including plant closure, beverage manufacturing, state filing, and workforce reduction.
• Baystate Health has confirmed layoffs affecting an unknown number of workers in western Massachusetts amid a reported $60 million budget shortfall, with keywords including healthcare, budget deficit, nursing concerns, and workforce reduction.

New York

• Novartis is laying off 60 workers at a Flatiron biotech operation in New York following its acquisition of Tourmaline Bio, with keywords including biotechnology, acquisition, pharmaceuticals, and workforce reduction.

Ohio

• Senior Resource Connection will begin mass layoffs affecting 160 workers in Ohio starting June 30, with keywords including nonprofit, workforce reduction, staffing changes, and organizational restructuring.
• Orlando Baking Company is actively hiring as more than 700 Schwebel’s employees in Ohio face upcoming layoffs, with keywords including bakery, hiring, workforce transition, and plant employment.

California

• Kabam is consolidating its Los Angeles office and laying off an unknown number of workers, with keywords including gaming, office consolidation, restructuring, and workforce reduction.
• PlayerUnknown Productions has laid off an unknown number of workers in California after failing to secure sufficient funding, with keywords including gaming, funding shortfall, restructuring, and workforce reduction.

Minnesota

• Minnesota Star Tribune is expected to reduce newsroom staffing by about 15% through layoffs and buyouts in Minnesota, with keywords including media, newsroom cuts, buyouts, and workforce reduction.

Germany

• DB Cargo is eliminating 6,200 jobs in Germany by 2030, with keywords including rail freight, restructuring, long-term workforce reduction, and cost savings.

Company-wide/Location Not Specified

• Electronic Arts has reportedly begun layoffs affecting an unknown number of workers, with keywords including gaming, restructuring, workforce reduction, and corporate changes.
• BlackRock has conducted layoffs affecting an unknown number of workers across investment, technology, operations, and private credit teams, with keywords including asset management, efficiency efforts, restructuring, and workforce reduction.
• Meta employees are reporting morale challenges following layoffs and AI-related restructuring, with keywords including artificial intelligence, organizational change, workforce reduction, and employee relations.

Potential/Unconfirmed Layoffs

• CFPB layoffs remain tied up in federal court proceedings and no final workforce reduction has been confirmed, with keywords including litigation, appeals court, government agency, and proposed cuts.
• Spirit Airlines remains involved in litigation related to prior bankruptcy-era layoffs affecting an unknown number of workers, with keywords including bankruptcy, labor rights, legal dispute, and workforce reduction.
• Tennessee WARN filings have affected about 5,001 workers through announced closures and layoffs statewide in 2026, with keywords including WARN notices, facility closures, workforce reductions, and labor market.
• General Motors previously cut more than 1,000 workers and has introduced additional automation initiatives, with keywords including manufacturing, robotics, restructuring, and workforce reduction.

National/Other Commentary and Analysis

• Forbes examined claims that artificial intelligence is driving layoffs and argued the causes are more complex, with keywords including AI, technology, workforce trends, and analysis.
• HRD America reported research showing layoffs can significantly reduce employee trust in management, with keywords including workplace culture, leadership, morale, and analysis.
• Silicon Valley Business Journal analyzed continuing layoff risks for technology workers despite hiring gains, with keywords including technology, labor market, employment trends, and analysis.
• Built In discussed potential long-term business costs associated with AI-driven layoffs, with keywords including artificial intelligence, workforce strategy, business risk, and analysis.
• Newsweek reported on proposed legislation requiring disclosure of layoff plans during visa applications, with keywords including immigration, legislation, transparency, and policy.
• People Matters, Forbes, Yahoo Life UK, and Let’s Data Science reported survey findings showing most executives expect AI-related workforce reductions in coming years, with keywords including artificial intelligence, executive surveys, workforce planning, and labor trends.
• Quiver Quantitative and KOLO reported on legislation that would require companies to identify AI-related layoffs, with keywords including transparency, worker protections, artificial intelligence, and legislation.
• HR Executive analyzed California employer obligations under emerging AI-related workforce regulations, with keywords including compliance, artificial intelligence, labor law, and workforce planning.
• Inc. Magazine and Wall Street Journal published commentary on AI, job security, and organizational impacts of workforce reductions, with keywords including artificial intelligence, employment, business strategy, and analysis.