#boston

Is 8/31 the big, anticipated day when everyone is expected back to the office in Boston and MMK?

Boston-based Aura Biosciences is implementing a significant workforce reduction. The biotechnology company will lay off 20% of its employees. This move is part of a strategic shift to concentrate on ocular oncology. The company anticipates incurring restructuring charges between $2.9 million and $3.2 million. This decision reflects a refocusing of the company's priorities.

Boston, MA

https://www.nbcboston.com/boston-business-journal/boston-biotech-to-cut-20-of-workforce/3996623/

Cybersecurity company Rapid7 has announced significant staff reductions. The company is eliminating 12% of its workforce. These cuts follow the recent appointment of Wael Mohamed as CEO. Mohamed assumed leadership shortly after a settlement with activist investor Jana Partners. The article does not provide further details on the reasons for the layoffs.

Boston, Massachusetts

https://www.bizjournals.com/boston/news/2026/08/10/rapid7-layoffs-new-ceo.html

Cybersecurity firm Rapid7 has announced significant job cuts, impacting approximately 300 employees or 12 percent of its staff. These layoffs occurred during the second quarter, coinciding with a reported decline in the company's revenue and profits. The news follows a period of stock decline for Rapid7, though shares saw a modest increase in aftermarket trading following the announcement. The company is undergoing executive changes and integrating AI into its offerings to adapt to a competitive market. These workforce reductions are expected to incur costs between $11 million and $12 million.

Boston, MA

https://www.bostonglobe.com/2026/08/10/business/rapid7-layoffs/

Seeing pictures of the wonderful inauguration of the CommonPiers in Boston everywhere on LinkedIn . Congratulations to everyone on this new way of working full time in a new place! It looks beautiful ..

Boston Scientific has announced a new global restructuring plan approved by its board of directors. This initiative aims to achieve sustained cost efficiencies and support continued growth. The company expects some positions to be eliminated as part of these restructuring activities. While new jobs will be created in growth areas, overall headcount reductions are anticipated. The plan is designed to ensure the company is structured to meet its strategic priorities.

Marlborough, Massachusetts

https://www.massdevice.com/boston-scientific-cut-jobs-restructuring-effort/

Some are being advised of wtc ot staying at 245 today.
This is the silent layoff.
Suddenly after years of flexibility it’s now hardline?
Be careful Abby you might’ve bitten off more than you can chew.
Consultants aren’t embedded they are external know it alls that have left many companies in its wake.
Stop panicking everyone. There will be balance. That’s how nature works. Calm down

I have pretty much walked all floors in both buildings in my location and know the parking situation (straight to the 4th floor if you arrive after 7:30) and they are 80% occupied. So, HR communicating about other regions full time RTO schedule coming later in the year is pure BS. Don't shoot the messenger, I am just reporting what I see on the ground.

I don't think there are so many phones per region (60% of total strength) that they'll be able to fit all of us. I don't see any construction or acquisition possible where we are located. So, just a lot of puffery tbh. Anyway, latest all hands for one of the BU's said the schedule is coming next week. So, I might be proven wrong in 2 days.

Enjoy your weekend.

State Street is implementing a workforce reduction as part of a strategic shift. The company anticipates significant severance costs through 2029. This move is tied to an overhaul of its operations utilizing cloud-computing resources. The financial giant aims to boost its profit margins through these changes. This initiative signals a significant operational transformation for the firm.

Boston, Massachusetts

https://www.bizjournals.com/boston/news/2026/07/16/state-street-plans-large-transformation-headcount.html

I'm trying to get a sense of whether layoffs are expected on July 16. Although I don't have any direct connections, I'm hoping someone here might have some knowledge or intuition to share. Are the Boston office and SMB products team likely to be affected?I trust people here As some people are always right …

America's Test Kitchen has undergone multiple rounds of layoffs and operational shifts since its acquisition by Marquee Brands. These changes include the closure of ATK Kids and Cook's Country magazine, alongside a strategic pivot towards digital content and influencer collaborations. Company leadership asserts these adjustments are necessary for adaptation in a changing media landscape, aiming for organizational right-sizing rather than simple cost-cutting. Former employees express concerns that these shifts may dilute the brand's core mission of rigorous recipe testing. Despite these internal shifts, the company's flagship television show remains a primary driver of subscriptions.

Boston, MA

https://www.bostonglobe.com/2026/07/09/business/americas-test-kitchen-layoffs-strategy/

OtherSide Entertainment laid off 18 employees from its Thick as Thieves team. Fewer than ten people now remain at the Boston studio. The remaining staff will focus on performance maintenance for the game. This follows 17 layoffs last month when another project was cancelled. The company currently has no plans for future game development.

Boston, Massachusetts

https://gamedev.net/news/thick-as-thieves-dev-otherside-entertainment-impacted-by-further-layoffs-r4278/

Boston Public Schools notified hundreds of teachers and classroom aides about potential job losses. Over 500 newer teachers and 102 paraprofessionals received non-renewal notices. These reductions stem from a $53 million budget shortfall and declining enrollment. The School Committee approved a $1.7 billion budget eliminating nearly 570 positions. Layoffs are based on seniority, likely impacting newer educators and teachers of color.

Boston, Massachusetts

https://www.bostonglobe.com/2026/06/29/metro/boston-teachers-union-warns-of-job-losses-amid-budget-cuts/

All the hype about heads rolling today in Boston and Everett - any cuts or was it all talk?

Boston Mayor Michelle Wu warned of potential layoffs. This follows the City Council's approval of budget amendments. The council reallocated $11.8 million from the mayor's budget. The transportation department faces the deepest cuts. Mayor Wu must decide on the amendments within seven days.

Boston

https://www.wbur.org/news/2026/06/12/mayor-wu-boston-council-budget-layoffs

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/

PLS ANYONE READING THIS RIGHT NOW I REALLY URGENTLY NEED TO UNDERSTAND THE IMPACT TO BOSTON DEV OPS

Does anyone have information or know if there is an impact on or for the Boston dev ops team ? Pleae

Someone mentioned layoffs in Boston, but there has been no all clear from leadership. Does this mean more Surgical Robotics layoffs are coming in the next few days or weeks?

Fidelity is implementing job reductions this week. Reports indicate 800 to 1,000 positions are affected. These changes follow a recent office return directive. The firm also plans to hire thousands of new staff. Restructuring impacts technology and product groups.

Boston, Massachusetts

https://www.thinkadvisor.com/2026/05/07/fidelity-laying-off-staff/

Why is the stock still hovering near its 52-week lows? With the IBM Think conference in Boston underway, you’d expect all the “good news” coming out of it to provide some lift. It’s essentially a homecoming-style rally for IBM—so why does the stock keep falling instead?

It’s falling apart 45 min delay due to equipment shortage
And now they expect us to come in everyday?
I’ll be dead outside waiting for a train this won’t work.
Do they not see the impact with cars on the roads in the parking lot the mbta being useless!
She needs to get Maura involved. Maybe Maura can fix it.

lol yea right and vrabel didn’t cheat on his wife

Because this state is driving young adults out with zero affordability. Boston rent is off the charts, it’s unsustainable here.
The governor has not met a tax she didn’t like we are quite literally being squeezed and taxed to death here.
So don’t worry you won’t be laid off you’ll just be drained of all your money here. The only reason Fidelity still has HQ here is because of her massive real estate holdings. Even billionaires don’t like to lose money.
If things don’t turn around fiscally here we all may be forced between Texas and keeping our jobs or taxes and bleeding money to stay afloat. And I’ve got fairly deep seven figures invested and I’m worried!

https://share.google/owfhHRl6HChSaqMRu

Is India affected by any of the RTO mandates? How are they handling for Boston or NH staff the situation in the office? Will these folks not have assigned seats or are they at least dropping that id--tic practice.

someone is troling and we need to know if boston devops teams is really affected by wfh or mandate

Nike intends to lay off 1,400 employees. These job cuts will affect staff at its Converse brand. Most of the layoffs target technology roles. Converse is a Boston-based company. Nike's stock recently hit an 11-year low.

Boston, Massachusetts

https://www.bizjournals.com/boston/news/2026/04/28/converse-affected-by-nikes-1-400-layoffs.html

I doubt that Citi had extra “credit” with the Boston Consultancy group. This is probably just said to cover up spending the money for consulting since we are supposed to be in saving mode.

Compass Group USA is laying off 72 workers. This action follows a dining contract closure at Suffolk University. The layoffs affect various campus food service roles. These job reductions become effective on May 27, 2026. Compass Group will try to place workers elsewhere.

Boston, Massachusetts

https://countryherald.com/news/boston-ma-layoff-alert-72-laid-off-at-suffolk-university-dining-contract-closure/

Revvity is permanently closing its Boston facility on Albany Street. This closure will result in phased layoffs for 29 employees. Initially, 76 workers were affected, but 47 transferred to another facility. Separations will occur from June 2026 through August 2028. Impacted roles include manufacturing, engineering, chemistry, and operations.

https://countryherald.com/news/boston-ma-layoff-alert-revvity-files-warn-notice-for-29-job-cuts/

Boston Metal has temporarily delayed layoffs for 71 workers. The job cuts at its Woburn facility were originally set for March 14. New funding allows the company to retain employees until April 21. An accident at its Brazil plant caused a financial setback. The Woburn layoffs are expected to be permanent.

https://patch.com/massachusetts/woburn/expecting-layoffs-saturday-71-boston-metal-works-get-reprieve-now

Superintendent Mary Skipper presented a $1.71 billion budget for BPS. The district plans to eliminate 300 to 400 staff positions. This includes over 200 teachers and 100 support staff. Rising costs and declining student enrollment are factors. The School Committee will vote on the budget March 25.

https://baystatebanner.com/2026/03/05/boston-teacher-layoffs-likely-as-bps-outlines-next-years-budget/

Hasbro is relocating its corporate headquarters from Pawtucket, Rhode Island, to Boston's Seaport District by the end of 2026, ending over 100 years of operation in the state. Despite this move, the company plans to maintain strong ties to Rhode Island, including ongoing support for Hasbro Children's Hospital and local,, recruitment efforts.

https://rhodeislandcurrent.com/2025/09/08/hasbro-to-move-to-boston-seaport-by-end-of-2026/

Boston Public Schools Halts Hiring Over Budget Gap

Boston Public Schools projects a $53 million budget shortfall. The district initiated a partial freeze on new hires. It impacts positions in schools and the Central Office. Three schools are closing, and up to 400 educator jobs could be cut next year. Rising expenses and expired federal pandemic aid cause the deficit.

https://www.boston.com/news/education/2026/02/03/bps-pauses-new-hiring-amid-deficit-as-district-predicts-hundreds-of-layoffs-next-year/

The Museum of Fine Arts (MFA) Boston announced 33 employee layoffs this week. This reduction affects approximately 6.3% of its total workforce. The museum cited an unsustainable deficit and restructuring as reasons for the cuts. Sixteen of the positions eliminated are held by unionized workers. These layoffs mark the second round for the MFA in six years.

https://www.theartnewspaper.com/2026/01/30/museum-fine-arts-boston-layoffs-financial-hardships

I know a few people that were recently let go in Boston. Rumored be part of the initial phase of the Lake Mary relocation (they relayed to their manager that they had no interest in moving to Florida and that feedback was cascaded up).

All of them here 10+ years.

3 or 4 years ago they would have been given 6+ months. I think the maximum used to be 52 weeks.

I am hearing they each received full pay to the end of the pay period plus another 4 weeks.

Is this the new policy? Is a quality severance for people with 20+ years officially now gone? Has anyone heard of anyone let go in the last few months that was given a more substantial package?

Stan McLaren, CEO of Boston Health Care for the Homeless Program, resigned in mid-December. His departure followed internal dissent over staff layoffs and mission concerns. The nonprofit laid off 25 people and closed a 20-bed medical respite facility. These actions were taken as the organization faces significant Medicaid funding cuts. Dr. Denise De Las Nueces, the chief medical officer, is now serving as interim CEO.

https://www.bostonglobe.com/2026/01/22/metro/bhchp-boston-medicaid-homeless-layoffs-cuts/

Boston, Massachusetts

Will be announced to all employees in Spring 2026.

Boston employees currently working in the 80% in office model will be offered a stipend to relocate.

There are many Boston based employees that still have no in office requirement and that will remain indefinitely (meaning they will stay remote). as they fall under the “run the business” header.

Did most employees in Boston get laid off?