#budgetcuts

Asante announced plans to cut at least 300 jobs. The hospital system reported a $16 million loss this fiscal year. Leadership projects a $50 million deficit for 2027 without changes. Rising personnel costs and low reimbursement rates contribute to financial issues. Asante reduced its workforce by 400 employees in 2024.

Ashland, OR

https://www.ijpr.org/health-and-medicine/2026-05-06/asante-to-lay-off-hundreds-again-amid-budget-shortfall

Whatcom County faces a looming "structural imbalance" in its next two-year budget cycle. Rising labor and materials costs are outpacing stagnant revenues. County Executive Satpal Sidhu warned employees of potential layoffs and schedule adjustments. These measures are being considered for the 2027-28 spending plan. Department heads are currently planning their budget priorities.

Bellingham, Washington

https://www.bellinghamherald.com/news/politics-government/article315647673.html

Colleges across the United States announced hundreds of layoffs and buyouts in April. Budget deficits, state funding reductions, and enrollment losses drove these decisions. Hampshire College and Anna Maria College are closing and laying off hundreds of employees. The University of Maryland and University of Wisconsin also plan significant job reductions. Syracuse University and East Carolina University are eliminating programs and offering faculty buyouts.

https://www.insidehighered.com/news/business/cost-cutting/2026/05/04/college-closures-contributed-deep-cuts-april

The Pasadena Unified School District Board will finalize workforce reductions. This action affects 61 certificated and 246 classified employees. The district faces a structural budget deficit exceeding $30 million. These layoffs are required by state law before a May 15 deadline. Affected employees will receive reemployment rights under the Education Code.

Pasadena, California

https://pasadenanow.com/main/pusd-board-to-take-up-final-layoff-resolutions-thursday

North Carolina school budgets are strained, leading to staff layoffs. Gaston County Schools is eliminating over 170 support staff positions. These cuts include school counselors and special instruction resources. Parents and experts express concern for student mental health needs. Remaining staff face increased workloads and reactive crisis management.

Gaston County, North Carolina

https://www.qcnews.com/news/u-s/north-carolina/experts-worry-student-mental-health-will-suffer-with-budget-cuts-layoffs-across-nc/

Brick Township school officials approved a $178 million budget for the upcoming school year. This budget eliminates 40 positions and will raise local taxes. Class sizes are projected to increase across all school levels. These changes stem from significant state funding reductions. The district is currently litigating against the state over these funding cuts.

Brick Township, New Jersey

https://www.nj.com/news/2026/05/nj-township-schools-face-layoffs-and-rising-class-sizes-after-state-funding-drop.html

Paterson Public Schools announced layoffs affecting 89 staffers. This total includes 39 teachers and other personnel. The district plans to cut over 200 total positions. Superintendent Dr. Laurie Newell attributed the budget deficit to rising costs. Hundreds of employees protested these projected cuts at a public hearing.

Paterson, New Jersey

https://longisland.news12.com/paterson-teachers-rally-against-projected-layoffs

Colorado State University announced plans to cut 178 full-time equivalent positions. Scores of colleagues were laid off across campus. State funding is now expected to decrease by under $1 million. Tuition revenue is projected to increase by $11.3 million. Faculty express low confidence and cite a lack of transparency.

Fort Collins, Colorado

https://collegian.com/articles/featured/2026/05/category-opinion-ltte-csu-administration-pushes-layoffs-despite-improved-budget-outlook/

The Paterson Board of Education approved an $851 million school budget. This budget includes 89 layoffs and eliminates 243 other jobs through attrition. The layoffs affect 39 teachers and 50 non-certified employees. City education property taxes will increase by 8% under the plan. Union members protested the job cuts before the board meeting.

Paterson, New Jersey

https://www.northjersey.com/story/news/paterson-press/2026/05/04/paterson-nj-boe-approves-budget-layoffs-tax-hike/89938956007/

The Westwood District recently approved its budget. The total budget for the upcoming school year is $78.9 million. This plan eliminates 10 teaching and secretarial positions. Four administrative roles were also cut. These measures address increasing health insurance expenses.

Westwood, New Jersey

https://www.northjersey.com/story/news/bergen/2026/05/01/westwood-nj-school-cuts-teachers-principal/89893408007/

Stockton University has initiated a voluntary buyout program for employees. Professors and select managerial staff are currently eligible for the offer. This move aims to curb expenses and ensure the university's financial stability. The institution faces challenges including declining enrollment and proposed state aid reductions. Staffing costs account for 61% of Stockton's annual budget.

New Jersey

https://www.nj.com/atlantic/2026/05/nj-university-rolls-out-staff-buyouts-amid-lower-enrollment-proposed-aid-cut.html

Canadian airlines face significant pressure from surging jet fuel costs. This oil shock has led to higher airfares and reduced flight capacity. Air Canada suspended six routes deemed uneconomical due to high fuel prices. The airline plans to cut its May seat capacity by nearly 20 percent. Experts warn of potential financial strain and future layoffs for carriers.

https://thelogic.co/news/analysis/air-canada-bracing-oil-price-impact/

Kent State University announced upcoming layoffs. This action addresses a projected $18 million budget shortfall. The shortfall is for the next fiscal year. Up to 45 currently occupied positions will be eliminated. This represents a portion of the university's 3,408 employees.

https://www.beaconjournal.com/story/news/education/campus/2026/05/01/ksu-president-todd-diacon-says-18-million-deficit-will-bring-layoffs/89896326007/

Eugene 4J School District is laying off over 170 employees. This action addresses a significant budget deficit. The deficit has grown to approximately $50 million. Layoffs will take effect at the start of the 2026-2027 school year. Further reductions may occur due to the increased shortfall.

Eugene, Oregon

https://kval.com/news/local/eugene-4j-school-district-to-see-layoffs

Our area was told to come up with a plan to show that we can save at lease 12% this year compared to last year. No more hiring for us. No more external consultants. Travel is almost non-existent after Sapphire. And we are asked to find ways to bring the costs down. There is negotiation going on regarding reducing some company benefits. And we have been asked to get more work done with the same employees. While this may be good news for many that we don't have layoffs, it is still bad news because we will have less worker protections and our benefits will get cut. And for sure employees will be overwhelmed with too much work. When this happens, you can expect the "performance" of all employees to go down and also their appraisals for next year. Welcome to recession at SAP I guess. As a company, our financials are strong but instead of investing in employees we are investing in... AI that customers do not want to pay more for and in... bonuses for group executives and the executive board. I hate this company.

Do the not read the room? Folks are constantly worried about layoffs. Can’t afford groceries with the minimal raises and no promotion opportunities but hey donate to the PAC.

North Thurston Public Schools board paused proposed layoffs. This decision followed significant public outcry at a recent meeting. The district faced a $10 million budget deficit. Proposed cuts included mental health specialists and physical therapists. Enrollment decline and rising expenses contributed to the financial shortfall.

Lacey, Washington

https://www.theolympian.com/news/local/article315569243.html

The New Britain Board of Education voted to issue teacher layoff notices. Fifteen layoff notices will be sent out on Friday. This decision comes amid ongoing budget concerns. The board awaits state funding to potentially reduce cuts. Officials are working to save teacher and staff positions.

New Britain, Connecticut

https://www.wtnh.com/news/connecticut/hartford/new-britain-schools-to-begin-teacher-layoffs-friday-amid-budget-concerns/

New Jersey City University (NJCU) recently notified employees about potential layoffs or demotions. These notices followed the Middle States Commission on Higher Education's approval of a merger with Kean University. The university aims to address a projected $25-$30 million budget gap. This is a second wave of reductions, after 151 employees were cut in February. NJCU will become Kean-Jersey City University on July 1.

Jersey City, New Jersey

https://jerseyvindicator.org/2026/04/29/new-jersey-city-university-continues-layoffs-ahead-of-merger-with-kean-university/

Boulder County plans further employee reductions. Officials will implement budget cuts to close a structural deficit. This deficit stems from rising costs and slower revenue growth. Previous cuts severely affected social service programs. The workers union advocates for alternatives and earlier employee notification.

Boulder, Colorado

https://boulderreportinglab.org/newsletter/%F0%9F%92%B8-more-boulder-county-layoffs-are-coming/

The Lower Township School District approved a new budget. More than 50 positions will be eliminated. Hundreds of people attended a meeting to oppose these reductions. The Board of Education proceeded with the budget. The superintendent described the cuts as his career's hardest decision.

Lower Township, New Jersey

https://www.capemaycountyherald.com/news/lower-school-budget-will-mean-more-than-50-layoffs-88ccf43e

Agropur announced the closure of its Sussex-area plant. The facility is scheduled to cease operations in 2028. This decision came months after the company received a significant provincial loan. The $2.4-million non-repayable loan was intended for modernizing Agropur's Miramichi facility. Critics suggest the province should have been informed about the impending layoffs before the loan agreement.

New Brunswick

https://www.msn.com/en-ca/news/canada/holt-says-agropur-should-have-told-nb-about-layoffs-before-loan-deal/vi-AA21Rfo3?cvid=69f04d0d8d46447bb9248ddd9c6063b4&ocid=hpmsn

The University of Texas at Arlington has laid off 49 employees. These layoffs occurred since June 1, 2025, across 14 departments. Financial strain from federal funding cuts and fewer international students contributed to the decision. A statewide tuition freeze also impacted university revenue. UTA is implementing other measures like buyouts and a hiring freeze for sustainability.

Arlington, Texas

https://fortworthreport.org/2026/04/27/49-uta-employees-have-faced-layoffs-since-june-2025-records-show/

Oil major will cut investment over next five years from $30bn to $20bn

Maxine Kelly and Martha Muir in London

PublishedDec 9 2025

UpdatedDec 9 2025, 13:21

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https://www.ft.com/content/dc0f4207-7eb3-482d-8f28-e2b15ed07e9f?syn-25a6b1a6=1

ExxonMobil said it would slash planned spending on low-carbon projects by a third, as oil majors pare back clean energy initiatives and pivot back to fossil fuels.

The Texas-based company, the largest US oil producer, also said in a strategic update on Tuesday that it planned to lift earnings and cash flow by $5bn by 2030, with no increases in capital spending.

Exxon said spending on low-carbon initiatives would be cut to $20bn over the next five years, down from about $30bn previously. The company also recently paused plans for a $7bn hydrogen plant in Baytown, Texas, citing low customer demand.

Some of the world’s biggest oil and gas companies are pulling back from low-carbon projects and returning their focus to fossil fuels, amid expectations that oil demand will remain more resilient and that the green transition will take longer than anticipated.

President Donald Trump has made the promise of abundant, cheap oil and gas a key pillar of his second term and pledged to “export American energy all over the world”.

UK oil major BP in February reversed its push into clean energy to refocus on fossil fuels, with chief executive Murray Auchincloss saying the company went “too far, too fast”. It also shelved plans for its hydrogen and carbon capture scheme in north-east England.

Shell also scrapped a 2021 commitment to let oil output fall by 1 per cent to 2 per cent a year until 2030 and wrote down the value of its $1bn wind business. However, other companies such as TotalEnergies have continued to invest in their renewables arms.

The interior department will on Wednesday hold a lease sale for 80mn acres in the US Gulf, as mandated by Trump’s signature tax and spending bill, which analysts at TD Cowen expect to attract interest from Shell, BP and Chevron.

Exxon has four upcoming sites in Guyana due to start production by 2030, as well as final investment decisions on natural gas projects in Papua New Guinea and Mozambique.

Exxon’s chief executive Darren Woods told the Financial Times last month that assumptions the company made when setting its previous goals for spending on low-carbon projects had not been met, blaming disappointing customer demand and government policies.

Exxon on Tuesday said it expected $25bn in earnings growth and $35bn in cash flow growth by 2030 compared with 2024 on the same constant-price and margin basis, a $5bn improvement on its previous plan.

This reflected the company’s “stronger contributions from advantaged assets, a more profitable business mix and lower operating costs”, Exxon said.

The company also announced its chief financial officer, Kathy Mikells, will retire from February 2026 and be replaced by Neil Hansen, Exxon’s president of global business solutions.

https://www.ft.com/content/dc0f4207-7eb3-482d-8f28-e2b15ed07e9f?syn-25a6b1a6=1

MPS staff held a protest. They protested recent budget cuts. Staff also protested planned layoffs. Employees demanded cost of living raises. The protest addressed these multiple concerns.

https://www.jsonline.com/videos/news/local/2026/04/23/mps-staff-protest-budget-cuts-layoffs-and-for-cost-of-living-raises/89766804007/

HACC approved a $128 million operating budget for 2026-27. This budget includes cutting 87 current employee jobs and two faculty positions. Additionally, 41 vacant positions will be eliminated. Other cost-saving measures involve phasing out some academic programs. The college stated these difficult decisions were necessary.

Pennsylvania

https://lancasteronline.com/news/local/hacc-to-lay-off-87-staffers-2-faculty-and-cut-41-positions-as-part-of/article_318aaa66-4dc0-4d9c-91ee-68da9ee9fb52.html

Broward County Public Schools faces an $80 million budget deficit. Over three hundred employees received layoff notices. Dozens of staff members protested these proposed job cuts. Declining student enrollment and reduced state funding caused the deficit. The school board is scheduled to vote on the cuts next Tuesday.

Broward County, Florida

https://www.cbsnews.com/miami/news/staff-pushback-broward-county-public-schools-job-cuts/

The Cleveland Metropolitan School District (CMSD) is undertaking significant budget cuts. These measures include school consolidations, building closures, and hundreds of layoffs. Approximately 146 teachers and 132 paraprofessionals were among those affected. The district also eliminated administrative and other support positions. These financial challenges are driven by declining enrollment and reduced state funding.

Cleveland, Ohio

https://signalcleveland.org/cleveland-schools-budget-layoffs-public-school-funding-2026/

Well, it's almost that time again.... Seems that more folks are on the bench than ever. With the recent departs of the wh-z-bank_no_bang_CAP_cant_hit_numbers crew (they were forced out cause they couldn't hit numbers Y/Y endlessly nor optimize TEAMMATE resource stats) seems that the list making time has come once again.

Best option from the CFO_MOUSE_MODE clown is to: reduce expenses, lay people off and coach Britanucus_Nothingness into how to tell the street that things are really on the up and up when in reality it is all about cutting costs to hit a number.

Well since the market analysts really have lowered expectations, like really lowered the price target the only thing left to do it is to back into a number then divide by the average headcount cost to figure out how many people to cut. All in hopes and aspiration that they will appease investors (of which there are a lot less these days). Hey, let's start with all those expensive CAP_CLOWNS that were a bunch of talk, ruined even more the woke_A$$ culture and took this company to town, like over and over again. Someone has to make room for the washed up Accenture dudes waiting in the wings to be summoned to Chandler for a DREAMY_DREAM_DREAM_JOB with some of the deserts best and brightest.

Also maybe take out Kane and SolyentGreen to save some $$$$ as well, since neither of them amount to much.

What does the class think of all that? TEAM TEAM TEAM team?

ARR that STAT!

The City of San Diego faces a $120 million budget deficit. This shortfall is projected for fiscal year 2027. Mayor Todd Gloria's draft budget includes hundreds of employee layoffs. Cuts will affect library hours, recreation centers, and arts grants. Public safety and road repairs remain top priorities despite reductions.

San Diego, California

https://fox5sandiego.com/news/local-news/mayor-gloria-budget-san-diego/

The IRS plans to lay off 6,700 employees. This action could strain tax collection resources. It may also impact government revenue and the budget balance. New tax policies for 2025 include a higher estate tax exemption. These changes lead wealthy investors to focus on tax planning.

https://intellectia.ai/news/stock/irs-layoffs-of-6700-employees-strain-tax-collection-resources

Multnomah County Chair Jessica Vega Pederson proposed a new budget. The county faces a $93.2 million budget shortfall. This plan could eliminate 166 full-time positions. Proposed cuts affect homeless shelters, youth programs, and health services. The Board of Commissioners will approve the final budget in June.

Portland, Oregon

https://www.oregonlive.com/politics/2026/04/layoffs-loom-as-multnomah-county-looks-to-cut-166-positions-scale-back-services-in-wake-of-budget-shortfall.html

Colorado State University faces a $55 million budget shortfall. President Amy Parsons warned of cuts earlier this semester. Layoffs will impact fewer than one percent of employees. Not all departments will be equally affected by these cuts. The 2026-27 budget is now coming into focus.

Fort Collins, Colorado

https://1310kfka.com/news/04/csu-president-outlines-planned-cuts/

Sarasota County Schools district faces a significant budget deficit. This deficit will result in 180 first-year teachers and support staff losing their jobs. Florida ranks 50th nationally for average teacher pay and near the bottom for per-student funding. Increased state voucher funding diverts money from public school budgets. Declining enrollment, partly due to students leaving for private schools, exacerbates the financial issues.

Sarasota, Florida

https://www.heraldtribune.com/story/opinion/columns/guest/2026/04/15/sarasota-schools-teachers/89611645007/

the local poeple seem to carry the place. corporate sounds useless. they point fingers and dont support anyone. that kind of rot spreads fast.

pay is mid. people are ok. i'd say this is not a healty company. it's in decline.

the offshoring happens and jobs are shipped oversas and that means jobs lost/budget cuts. more preasure. less care.

good coworkers can only hide so much. good mid managers can only do so much. if corprate is broken, everything under it gets dragged down.

Buying SaaS products from vendors sounds simple—subscribe and go—but it’s where a lot of companies quietly lose money or flexibility if they don’t evaluate properly. Citi can save lot of money if they stop all SaaS tomorrow instead of cuts

Budget cuts and no new programs - people afraid to talk about the fact that they are just idle. I’m a SD been here 15 yrs and never seen it this bad

Budgets cut, no new programs - everyone scared to admit (I’m not working on anything) out of fear.

I’m a SD here for 15 years this is as bad as I’ve seen.

It would be a welcomed change to be layed off.