#layoffs

Burlington Mayor Emma Mulvaney-Stanak announced the city closed its budget deficit. The city eliminated a $10-12 million financial gap. No current city employees faced layoffs. This was achieved by cutting dozens of vacant positions. Revenue from a new police and fire tax also contributed.

https://www.mynbc5.com/article/burlington-closes-10-12-million-budget-deficit-without-layoffs/71285887

Cloudflare plans to cut 224 jobs at its San Francisco headquarters. These layoffs are scheduled to take effect this Friday. This local reduction is part of a larger global restructuring. The company previously announced over 1,100 worldwide job eliminations. Cloudflare stated the changes are for the "agentic AI era," not cost-cutting.

San Francisco, California

https://www.sfchronicle.com/tech/article/cloudflare-san-francisco-layoffs-22255580.php

Did those who were layed off get severance?

Walmart announced plans to lay off or relocate about 1,000 corporate employees. This aims to boost efficiency in its global tech teams. Company leaders reviewed operations before this decision. It helps Walmart adapt to a dynamic retail market. E-commerce expansion remains a critical business strategy.

https://www.gurufocus.com/news/8854817/wmt-announces-layoffs-as-part-of-corporate-restructuring

I have it on good authority that the next round of layoffs will be mid-July. This first one was more of a reorganization and getting rid of low-output associates. The next one will be based on attendance and people who don't fit the ways of working set forth. July 7th or 14th is being floated around as the date. I would highly recommend people who want to keep their jobs to come into the office on time and leave at 5 PM as instructed. Additionally to not abuse the flexible pto that is granted. Your peers and leadership are watching and keeping track of in-seat and badge swipes.

ASML and labor unions reached an agreement on a social plan. This plan seeks to reduce involuntary job losses. ASML had previously announced cutting about 1,700 management roles. The company will support impacted staff in finding new positions. Departing workers will receive severance pay and extra compensation for older workers.

https://nltimes.nl/2026/05/13/asml-reaches-deal-unions-reduce-forced-layoffs-amid-restructuring

Microsoft-owned LinkedIn is cutting staff. The exact number of affected workers remains undetermined. This action is part of a wider trend in the tech industry. Many technology companies are currently reducing their workforces. The social media platform is impacted by these market conditions.

https://www.bizjournals.com/sanfrancisco/news/2026/05/13/linkedin-microsoft-layoffs-bay-area.html

The Warwick School Committee approved staff layoffs on Tuesday. This included 18 teachers, three administrators, and 21 teaching assistants. The committee vote was 3 to 2 in favor. Parents and school staff criticized these reductions. The Committee had previously approved a $203.8 million budget for FY27.

Warwick, RI

https://warwickpost.com/school-committee-oks-18-warwick-teacher-layoffs/

Coachella Valley Unified will lay off 34 teachers. These layoffs are expected at the end of the school year. The district faces a multimillion-dollar budget deficit. It is working to close this deficit. The goal is to maintain financial solvency.

https://www.desertsun.com/story/news/education/2026/05/13/cvusd-teacher-layoffs-classified-school-board/90047380007/

Dozens of San Diego Unified School District employees will receive new job offers. These employees previously faced potential layoffs earlier this year. The district reached agreements with three employee associations. Sixty-nine at-risk employees can now accept new district roles. Human Resources found existing open positions for the upcoming school year.

San Diego, CA

https://www.10news.com/news/local-news/sd-unified-workers-who-faced-layoffs-to-be-offered-new-jobs-within-district

Four major employers in New Jersey filed layoff notices this week. These companies plan to cut 364 jobs across various sectors. Embassy Suites, JPMorgan Chase, Amicus Therapeutics, and Spirit Airlines are affected. Spirit Airlines announced 201 Newark employee layoffs due to its shutdown. Other companies also announced job cuts earlier this spring.

New Jersey

https://www.nj.com/business/2026/05/364-more-nj-workers-face-layoffs-as-job-cuts-keep-piling-up.html

BNY has finished its evolution from financial institution to LinkedIn‑themed performance art, where optics outrank output and your “personal brand” is the only deliverable that matters.

Real work is optional; what counts is the curated feed of hallway selfies, Teams‑call enthusiasm, and gratitude posts praising and thanking the EC, all polished to a corporate shine.

Following RV's brilliant example, Leadership has quietly traded competence for corporate‑influencer energy, rewarding visibility over execution because it’s easier to manage a workforce obsessed with image than one asking hard questions.

The shift isn’t accidental. It’s a distraction from layoffs, offshoring, and AI quietly absorbing job families. If employees stay busy perfecting “leadership presence,” they won’t notice the restructuring happening beneath them. BNY doesn’t want performers — it wants performances. Show up to the photo‑op town hall, drop a few “inspiring journey” hashtags, give a like to an EC empathy post, sing hallelujah praises to the almighty RV and EC team and suddenly you’re a rising star, even if your actual output fits on a sticky note.

At BNY, the only performance that matters is the one you can screenshot.

Takeda announced a new multiyear restructuring program. This program will eliminate approximately 4,500 roles during the 2026 fiscal year. The company expects to incur $1.07 billion in restructuring costs. It projects over $1.26 billion in annualized savings by 2028. These changes aim to accelerate growth and support new product launches.

https://www.fiercepharma.com/pharma/takeda-slimming-down-new-era-plots-4500-layoffs-latest-restructuring-drive

Walmart Inc. confirmed it will eliminate some jobs. These cuts affect corporate staff, not retail workers. The company is simplifying its digital operations. This involves reducing organizational layers and consolidating teams. Layoffs are a result of this operational consolidation.

https://www.fastcompany.com/91541504/walmart-layoffs-today-tech-jobs-cut-memo-does-not-cite-ai

LinkedIn plans to cut about 5% of its global workforce. This reorganization will eliminate approximately 875 positions. The company aims to shift focus toward growing business areas. AI automation is not the reason for these specific headcount reductions. Microsoft, LinkedIn's owner, has also made recent workforce reductions.

https://qz.com/linkedin-layoffs-workforce-reduction-reorganization-051326

A group of friends having been cut from GBS all self selecting, and one guy told me yesterday he’s been put into a pool for CR in GIS.

8 teams and their 2-up let go in Montana, total of 75 employees

Just pulled into a meeting, more layoffs for remote people to support the “client first initiative” clients need us in the office.

More layoffs coming but they started this morning.

Have you recently check Verizon careers posted externally? All locations seems to be on India even Engineering Ops. Is this an operational strategy to cut cost where eyes are in India and fewer hands in US? I see a murky future for Verizon. Parts of it will be sold.

I’ve been shocked by the amount of disdain directed at long-time T. Rowe associates on this board, especially toward IT staff. It’s hard to tell whether this comes from just a few loud voices with axes to grind or a broader sentiment. My experience up until the past year or so has been with nothing but great, hardworking, kind people.
It’s concerning to think that some of the people I work with may hold these same toxic views about their own coworkers. While I can see why management might have incentives to move jobs, I don’t understand why other associates — who aren’t protected from future layoffs — would voice such contempt. It makes me wonder if their presence here is more about stirring trouble than supporting those who are impacted. Perhaps to expedite the exodus by creating conditions where more people depart on their own?

I was laid off a few months ago and both I and most of my former coworkers still haven't found anything. Please make sure to update your resume now and reach out to your network. Don't put it off or think you're safe. Find something before they make the decision for you.

https://qz.com/linkedin-layoffs-workforce-reduction-reorganization-051326

The lack of major layoffs is for paramount employees. WB will be decimated. There are few jobs here that is not completely redundant at paramount. WB should have bought paramount not the other way around. To the victor belong the spoils.

Now that the finish line is getting closer, do we think this is true?

I was laid off after more than 15 years at Wells. I survived the previous rounds, but I was finally caught up. Our CEO made it no secret this would continue through 2026. Each round I survived I had a little hope. Make no mistake it doesn't matter if you are a top performer or not. I have seen top talent just be let go over and over. It will continue.

I knew this might be a possibility, so I have been looking for jobs for months. It's been scary with this economy and job market. No bites. Had resume reviewed, joined job boards, joined talent agency/groups. The only thing that has come up is short term contracts but no real bites. Ageism is real and it's scary as he-l. All I can do is keep trying, take some time to up-skill and get some additional feathers in my resume cap, but I would be lying if I didn't say this job market is brutal.

Make no mistake. Wells doesn't care about the loyalty and commitment you have shown to them no matter how many years of service. Your performance isn't a guarantee either. Over the years I have jumped when Wells said jump. Traveled more than I can remember, worked nights, worked weekends, putting in 50-hour work weeks. Been a repeated top performer. They expect loyalty from you but don't expect loyalty in return. Don't be fooled. None if it matters in the end. You are just a number to Wells.

https://www.fox13seattle.com/news/starbucks-seattle-summer-layoffs

VZI employees reduction and cost cutting is in peaks. A lot of work load been observed in every domain.

Especially if you're younger and recently joined Elevance. Save up six months of expenses. Keep interviewing even though you're employed. Find a way to make money on the side. Don't let this place have all the power over your life.

• General Motors employees who were laid off Monday described their job terminations to CNBC.
• The layoffs affect about 500 to 600 employees, largely in information technology roles in Austin, Texas, and Warren, Michigan, according to a person at GM familiar with the layoffs.
• Artificial intelligence played a role in the decision, but it was not the only reason for the terminations, the person said.

https://www.cnbc.com/2026/05/12/gm-layoffs-ai-severance.html

No chance that everybody affected has already been notified?

Layoffs are 100% confirmed: Anyone at this site who spends every day waiting for a meeting about being let go, anyone who no longer wants to work at Cisco, anyone who only complains about management despite the company reaching record-high stock prices, or anyone who has simply lost motivation is free to leave Cisco.

Please do not waste company resources or other people’s time. If you are ready to move on, do so now.

There are thousands of talented people with fire in their eyes who have been struggling for a long time to find an opportunity. Give them your place, and go in peace.

Likely a week from today

I've been applying for months through the big job boards and getting almost nothing back. No calls, no interviews, nothing. For those of you who've been laid off and managed to find something, which platforms actually worked for you? I need to change my approach.

So many companies were doing fine until they got greedy. Squeeze more profit, treat people like trash, then they wonder why they go under. We're watching it happen in real time here.

Favoritism galore.

Looking like the days of Arvind fooling Wall Street with his financial engineering shenanigans is coming to an end. Heading right back to $160, where it was before he embarked on his "RA everyone, move everything to India, stop investing in everything" strategy.

Zero consistency. Zero accountability. Zero integrity.

Right here in DFW, we have hundreds of managers working from home (I.e. Eric Smith team) or sitting in the office closest to their home; And non-market based staff managers spread out across the country working in their pajamas all day. (I.e. Korte org)
And how many managers with minimal skillsets are flying below the radar because their director doesn't want to give up headcount while seasoned managers with broad skillsets are being let go in other orgs.
Meanwhile managers that uprooted their families, moved to Dallas, adhered to RTO are being let go cuz they are the oldest in the team. YES IT IS HAPPENING! Most can't afford to forego the severance & fight it in court.

FU-K AT&T!

The amount of money this company could save by getting rid of b-ms. Anyone see these people sitting in booths all day long and the old man walking in circles- VP by the way. Lets get rid of em and allocate the salary to deserving hard working employees!

Can anyone corroborate a document I found which forecasts RIF beginning in Q4 through Q3 of next year? I don't want to give too many details but it was a full time employee forecast for one of the major support units. The decline began in Q4 with a few hundred RIFees each quarter and then a steep drop in Q3.