#funding

Posts mentioning hashtag #funding

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IJC alert!

I applied for an internal position in Feb, got some pay bump but I RIFed told last Thursday. My previous team has no opening for me and I was told I can apply for roles internally the next few weeks. WTF. Why would they hire someone internally knowing that the position is funded and rif the role in less than 5 months. The only reason given was "funding" but Sr. Dir making a lot more and who does nothing is still there. This is really messed up


Grandaddy picks another winner to lead shared services, signing another highly questionable $250M contract w/ IBM

Granddaddy’s CHO (Chief Henchmen Officer) JM has made a mockery of USAA’s internal contract due diligence and control environment by onboarding another $250 million dollar agreement with IBM to provide a TCOE center of excellence. These due diligence and control functions safeguard member funds and company investments. Who knows what is happening behind the scenes without these safeguards? Not only is this technology solution vaporware that does not have a single customer running on it, all the financial benefits were written by IBM with little to no company due diligence (hint: the financial benefits are fabricated as well). Any voice that brings these concerns up is immediately silenced and moved off the project or fired. Again, another deliberate destruction of enterprise assets to funnel a quarter-billion dollars of member money to IBM. When is enough enough???? Honesty, Integrity, Service, and Loyalty may be etched in stone in C Building, but I fear when enough senior leaders operate in this way, we may be lost.


Vast Cuts Staff Amidst Funding and Expansion

California-based space start-up Vast has reduced its workforce by 46 employees, representing approximately 4% of its staff. This decision follows a significant $500 million funding round secured by the company. A company spokesperson stated the layoffs were performance-related and occurred during the mid-year review. Despite these cuts, Vast is actively recruiting for numerous other roles. The company remains committed to its ambitious space station projects.

San Francisco, California

https://www.newsbytesapp.com/news/business/space-station-start-up-vast-lays-off-46-employees/story


CICOA Cuts Staff Amid Funding Loss

CICOA Aging & In-Home Solutions will lay off 90 employees in Indianapolis. This decision stems from the Indiana Family and Social Services Administration's choice to end its role as a case management provider. The workforce reductions will occur in two phases, on May 15 and July 31. The organization is not providing employees with displacement rights. CICOA offers vital services to empower seniors.

Indianapolis, Indiana

https://www.wrtv.com/news/local-news/90-workers-in-indianapolis-face-layoffs-as-cicoa-loses-government-funding


Ontario Hospitals Face Funding Crisis

Ontario hospitals are experiencing severe financial strain due to provincial underfunding, leading to staff shortages and reduced care quality. A report highlights that Ontario funds its hospitals at the lowest per capita rate in Canada. This deficit impacts daily operations, forcing hospitals to seek external funding. The situation is exacerbated by an aging population and increased demand for complex medical services. Unions are advocating for increased provincial investment to ensure adequate patient care and hospital sustainability.

Oshawa, Ontario

https://www.durhamregion.com/news/lakeridge-hospital-struggles-with-layoffs-cuts-overcrowding/article_051c2c5b-7c57-5735-8b9f-ec1142426704.html


Chicago Schools Seek Voter Input on Funding

The Chicago Board of Education is considering placing two nonbinding questions on the November ballot. These questions aim to gauge voter support for new revenue streams for the district. One proposal seeks public opinion on a statewide millionaires tax to fund K-12 education. The other would assess support for taxing undeveloped city land to benefit Chicago Public Schools. The board plans to vote on these referendums this week to meet ballot deadlines.

Chicago, Illinois

https://www.chalkbeat.org/chicago/2026/08/10/chicago-public-schools-board-weighs-two-referendums/


School Board Reverses Layoffs, But District Cites Funding Gaps

The Chicago Board of Education voted to reverse hundreds of layoffs, allocating $100 million from anticipated state funding to reinstate positions. However, Chicago Public Schools officials stated that this amount is insufficient to bring back all affected employees. The district is surveying principals and laid-off teachers to determine critical staffing needs and potential reassignments. While many students will see familiar faces on the first day of school, not all educators will be able to return. The district plans to centrally hire back selected positions based on survey results.

Chicago, Illinois

https://www.chalkbeat.org/chicago/2026/08/12/cps-says-it-cannot-reverse-all-layoffs/


Vertical Farm Closure Announced

80 Acres Farms is ceasing operations at its Anderson County facility. The company cited an inability to secure necessary funding as the reason for closure. A deal with a prospective acquirer recently fell through. This decision will result in the layoff of 73 employees. The facility is expected to close by August 17th.

https://www.independentmail.com/story/money/business/2026/08/12/layoffs-anderson-sc-80-acres-farms-shuts-down-operations/91270693007/

Anderson, South Carolina


Essendant Faces Potential Closure Amid Mass Layoffs

Distributor Essendant has warned of a possible business shutdown, impacting at least 1,100 employees through impending layoffs. The company is actively exploring asset sales and seeking new capital to avert liquidation. These significant job cuts follow a recent strategic pivot away from office supplies towards JanSan, foodservice, and technology products. Essendant's financial distress raises concerns for customers, suppliers, and partners regarding business continuity. The company's future hinges on securing external funding or a buyer to remain operational.

Carol Stream, Illinois

https://www.mdm.com/news/featured/featured-blog/essendant-warns-of-possible-shutdown-amid-hundreds-of-layoffs/


Howard County Aids Crisis Center After Funding Cut

Howard County is providing $260,000 in emergency funding to Grassroots Crisis Intervention. This nonprofit answers calls for the national 988 su----e and crisis hotline. The organization lost a significant federal contract, leading to layoffs. This funding will help cover overhead and core staff for the next year. Grassroots is also developing a long-term stabilization plan.

Columbia, Maryland

https://www.thebanner.com/community/local-news/howard-county-grassroots-crisis-funds-intervention-su----e-6FJUUYQVEBATZAPHZ6ZQJFWHKA/


UTA Cuts Staff Amid Financial Challenges

The University of Texas at Arlington has laid off 49 employees across 14 departments since June 1, 2025. This reduction is attributed to financial strain caused by decreased international student enrollment, a statewide tuition freeze, and federal funding cuts. The university stated these actions are part of long-term sustainability planning to align resources with strategic priorities. While the layoffs are a small percentage of the overall workforce, they reflect the institution's efforts to strengthen financial resilience. The university spokesperson emphasized a focus on supporting teaching, research, and student success through these disciplined choices.

Arlington, Texas

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


Hospital Cuts Staff Amid Funding Concerns

St. Christopher's Hospital has implemented layoffs. These workforce reductions are occurring as health systems prepare for significant Medicaid spending decreases. The hospital is located in Philadelphia. The exact number of affected employees is not specified. This action reflects broader financial pressures within the healthcare sector.

Philadelphia, Pennsylvania

https://www.bizjournals.com/philadelphia/news/2026/05/19/st-christophers-hospital-children-layoffs.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/


Revol Greens Faces Potential Closure and Layoffs

Revol Greens is planning to lay off approximately 89 workers at its Minnesota greenhouse facility. This action is contingent on the company not being sold or securing additional funding by October. The company's first facility, located near Owatonna, faces permanent closure if these conditions are not met. Revol Greens has experienced challenges in the lettuce growing industry, including a recent drop in consumer demand. The company previously closed a farm in California last year.

Owatonna, Minnesota

https://www.startribune.com/lettuce-grower-revol-greens-faces-hardship-planning-layoffs-at-minnesota-greenhouse/601875919


Health Department Resolves Deficit Through Staff Cuts and Grants

District Health Department No. 4 has successfully addressed its budget deficit through a combination of administrative actions, new funding, and staff reductions. The department eliminated one IT position and reduced another's pay, while also cutting two environmental health positions based on seniority. These layoffs have eased the department's financial strain. Additionally, DHD4 anticipates receiving significant grant funding, including annual environmental health grants and one-time emerging threat grants. The board is now considering future wage increases for remaining employees.

Alpena, Michigan

https://www.thealpenanews.com/news/local-news/2026/02/health-department-solves-budget-deficit/


Indiana Schools Face Funding Crunch

New state property tax laws have prompted a record number of Indiana school districts to seek voter approval for additional funding. Thirty-eight districts will place referendums totaling approximately $500 million on the November ballot. These measures are intended to cover essential expenses such as construction, safety, and operating costs. The reforms limit how often districts can ask voters for tax increases, creating a financial squeeze. Many districts are struggling to maintain current services due to rising expenses and stagnant revenue.

Indiana

https://indianacapitalchronicle.com/2026/08/04/36-indiana-school-districts-to-seek-referendums-this-fall/


CEA Endorsement Sparks Controversy Amidst Funding Concerns

The Connecticut Education Association's endorsement of Governor Lamont is being questioned due to ongoing school funding issues. Despite the governor's claims of full funding, districts like Bridgeport have experienced significant layoffs and program cuts. The CEA's own testimony highlights underfunding, leading to reduced resources and strained special education services. This disconnect raises doubts about the governor's commitment to educators and students. The article suggests that the endorsement contradicts the reality faced by many school districts.

Bridgeport, CT

https://ctexaminer.com/2026/08/01/cea-endorsement-is-baffling-to-me/


Fair Housing Group Faces Staff Cuts

The High Plains Fair Housing Center in North Dakota is preparing to lay off half its staff due to a delay in federal funding from the Department of Housing and Urban Development. This funding supports approximately 75% of the organization's operations, which are crucial for assisting clients facing housing discrimination. The center has been waiting for a significant grant installment since May, and without it, they can no longer sustain their current staffing levels. The executive director estimates it could take until September 2027 for the remaining funds to be released. These layoffs will severely impact the center's capacity to serve vulnerable populations, particularly individuals with disabilities.

Bismarck, North Dakota

https://www.publicnewsservice.org/story/nd-fair-housing-group-braces-for-layoffs-amid-hud-funding-delay/cfb5390d-ec1e-4337-852d-14bfb921a365


Massively mixed funding messages

Our group seems to have a huge amount of money suddenly available and needing to be spent by EOY. Like… 100x what we spent on our most recent software implementation. Meanwhile other groups are still getting the “penny pinching” message I have heard most of my time here. And AI token costs are hitting. Anyone else confused?


State Budget Secures Prosecutor Staffing, Averts Layoffs

A new state budget has provided crucial funding for Genesee County's prosecutor's office. This development averts the threat of layoffs for 32 employees. The funding supports a program aimed at adding staff to prosecutor offices in high-crime areas. This financial relief prevents a significant budget hole for the county. Employees can now expect continued employment without fear of job loss.

Flint, MI

https://www.mlive.com/news/2026/07/new-state-budget-funds-extra-genesee-county-prosecutors-shelves-potential-layoffs.html


Commercial Winddown

Hearing some pretty heavy rumors this week that a major downsizing is headed our way for the commercial aviation teams. Honestly, it looks like Starlink’s recent wins have completely eaten our lunch, and to make matters worse, our hybrid LEO/GEO antenna is apparently having consistent technical issues with no fix in sight. Since the team hasn't been able to secure any more funding to iron out those hardware bugs or land any new customer contracts, management's strategy is basically to cut the division down to a skeleton crew just to sustain what's left. Does anyone hear the same rumors?


Educators Protest Chicago School Funding Delays

Educators and families are protesting significant funding delays impacting Chicago Public Schools. They highlight a $5 billion state deficit and $400 million in unreleased funds. These delays force schools to take out costly loans, diverting money from essential programs. Protesters demand Chicago Public Schools be included in a bridge loan program and that withheld funds be released. They also call for a special legislative session to prioritize student funding.

Chicago, Illinois

https://chicagodefender.com/as-cps-plans-hundreds-of-layoffs-educators-fight-back/


Alameda Health System Reverses Layoff Plans

Alameda Health System has successfully rescinded 92 planned layoffs thanks to a significant county funding allocation. The $19.3 million in one-time funding will also ensure the continuation of two vital behavioral health programs. This financial support was approved as part of Alameda County's latest budget. The allocation aims to address the health system's substantial deficit and prevent workforce reductions. An independent performance audit is also slated to examine the system's operations for potential improvements.

Oakland, California

https://www.healthcarefinancenews.com/news/alameda-health-system-rescinds-92-layoffs-after-193m-county-allocation


Cuero ISD Faces Staffing Cuts Amid Funding Debate

Concerns are rising over reported staff layoffs within the Cuero Independent School District. Community members suspect these reductions may be linked to broader financial challenges facing public schools in Texas. The state's new $1 billion school voucher program is a particular point of discussion, with some questioning its potential impact on district resources. It remains unclear if enrollment shifts or state funding issues are the direct cause of the staffing reductions. Cuero ISD has not yet responded to requests for comment on the situation.

Cuero, Texas

https://www.crossroadstoday.com/news/questions-linger-over-layoffs-in-cuero-isd-amid-funding-concerns/article_aba2cb35-5e24-4176-8e30-afc04596db2a.html


LIV Golf Faces Potential Job Cuts

LIV Golf has informed its employees about possible layoffs due to ongoing financial uncertainty. The organization is filing WARN notices in the United States and the United Kingdom, which signals potential workforce reductions. This action follows the cessation of funding from Saudi Arabia's Public Investment Fund, prompting LIV to seek new investors. The league is attempting to secure significant capital to continue its operations and complete its current season. Legal challenges from other golf entities also add to the league's precarious situation.

London, England

https://sports.yahoo.com/articles/liv-golf-informs-employees-potential-160746154.html


Rivian Plans Major Stock Offering

Electric vehicle maker Rivian is planning to sell 75 million shares of its stock. This move is intended to raise funds for equity contributions required by a U.S. Department of Energy loan. The company is working to meet the terms of this significant energy loan. This offering represents a substantial effort by Rivian to secure necessary financing. The sale aims to fulfill financial obligations tied to federal energy funding.

South San Francisco, California

https://www.chicagobusiness.com/manufacturing-logistics/ccb-rivian-selling-shares-20260706/


Judge Orders Medicaid Funds for Greenwood Leflore Hospital

A Hinds County judge ordered Mississippi Medicaid to release $2.4 million. This payment is for Greenwood Leflore Hospital. The hospital argued withholding funds could force its closure. The payment allows the hospital to remain open until July 31. This is crucial for its planned transfer to UMMC.

Greenwood, Mississippi

https://tippahnews.com/mississippi-news/judge-orders-mississippi-medicaid-to-release-funds-to-prevent-greenwood-leflore-hospital-closure/


Arthur Street Hotel Closes Amid Funding Shortage

Arthur Street Hotel, a transitional shelter, will close. The closure is due to inadequate city funding. Layoffs for staff will begin on June 30. The shelter will cease operations at the end of July. Founder Donny Greene stated a housing plan exists for current residents.

Louisville

https://www.courier-journal.com/story/News/local/louisville/2026/06/26/arthur-street-hotel-closing-due-to-funding/90716409007/


PlayerUnknown Productions Reduces Team Over Funding

PlayerUnknown Productions announced staff layoffs. The company could not obtain sufficient funding. Brendan Greene cited the tough industry climate for the reductions. The team will continue developing its new game, MELBA. Their first game, Prologue, is now available for free.

https://www.kitguru.net/!https://www.kitguru.net/gaming/matthew-wilson/playerunknown-productions-hit-with-layoffs/


Charleston Museum Staff Faces Funding Shortfall

The International African American Museum in Charleston furloughed its entire staff. This action stems from financial pressure and a changing funding environment. All employees will take staggered 20-day unpaid leaves between July and December. The museum aims to reduce expenses and avoid permanent layoffs. It plans to remain fully operational during this period.

Charleston, South Carolina

https://thegrio.com/2026/06/18/iaam-furlough-international-african-american-museum-charleston/


Illinois Schools Sue Over Funding Cuts, Programs Affected

Illinois school districts are suing over federal funding cuts. The cut amounts to $18.5 million. A court hearing on the matter occurred today. This reduction has resulted in layoffs. Many school programs were also canceled.

https://www.mystateline.com/video/illinois-schools-sue-over-18-5m-federal-funding-cut-layoffs-and-program-cancellations-ensue/11864598/


State Funding Stops Wallkill Town Layoffs

Senator James Skoufis and Assemblywoman Paula Elaine Kay secured state funding. This $4 million allocation prevents significant service cuts and job losses. The Town of Wallkill faced financial shortfalls due to fiscal irregularities. Approximately 97 employees were at risk of being laid off. The funding allows the town to maintain essential services and regain financial footing.

Wallkill, New York

https://midhudsonnews.com/2026/06/09/kay-skoufis-secure-funds-to-prevent-town-of-wallkill-layoffs/


Gaston County Commissioners Approve School Funding, Prevent Layoffs

Gaston County Commissioners unanimously approved $10 million for Gaston County Schools. This funding addresses a shortfall and prevents up to 400 potential layoffs. Superintendent Morgen Houchard had warned of immediate layoffs without the money. The school district previously eliminated 174 positions months ago. An independent financial report indicated inadequate county funding contributed to the district's woes.

Gaston County, North Carolina

https://www.charlotteobserver.com/news/local/education/article316047162.html


Noble Inc. Cuts 80 Jobs in Strategic Realignment

Noble Inc. announced layoffs affecting 80 employees. The terminations will occur at its Indianapolis facility through August 2. The nonprofit is discontinuing Community Living residential services. This is part of a strategic realignment and due to funding uncertainty. The change affects 38 individuals receiving residential services.

Indianapolis, Indiana

https://wibc.com/888986/80-employees-laid-off-at-indy-nonprofit-aimed-at-helping-people-with-disabilities/


KCTS Shuts Transfer Station Amid Funding Reductions

Kimball County Transit Service (KCTS) plans to close its transfer facility. The closure will occur by June 15. Reduced state funding over two years necessitated this action. This decision aims to prevent employee layoffs and service reductions. Passenger transfers will now happen at the main KCTS building.

Kimball, Nebraska

https://rivercountry.newschannelnebraska.com/story/279751518/kcts-transfer-station-to-close-next-month


WH Smith Rejects Modella Capital Layoff Funding Plea

WH Smith rejected a request from Modella Capital. Modella Capital is the new owner of a former high street chain. They sought millions of pounds. These funds were for layoff costs. Sky News reported this development.

https://www.tradingview.com/news/reuters.com,2026:newsml_FWN41X0JM:0-wh-smith-rejected-plea-from-former-high-street-chain-s-new-owner-modella-capital-for-millions-of-pounds-to-fund-cost-of-layoffs-sky-news/


Innovaccer Lays Off Staff Amid AI Push

Innovaccer has laid off staff members. The healthcare technology company is increasing its artificial intelligence efforts. Innovaccer plans to apply its automation principles internally. The company recently allocated $250 million for AI development. This funding supports small language models on its Gravity platform.

http://www.modernhealthcare.com/health-tech/mh-innovaccer-layoffs-ai-tools/