#layoffs

This is from Meta
https://www.ibtimes.co.uk/meta-job-cuts-ai-restructuring-1796398

Spirit Airlines' departure from Arnold Palmer Regional Airport resulted in 26 layoffs. Two additional employees also experienced reduced work hours. The Westmoreland County Airport Authority is in talks with four to five potential new carriers. One unnamed commercial airline has provided a letter of commitment. The airport anticipates several months before a new airline begins service.

Latrobe, Pennsylvania

https://www.latrobebulletinnews.com/news/local/airline-interested-in-arnold-palmer-regional-airport-spirit-closure-brings-layoffs/article_cd77a958-b57f-4510-976c-d09d8c0ebb7a.html

The Broward School Board recently approved a new organizational chart. The district will reduce its workforce by 300 positions. Additionally, 700 unfilled roles will be removed. The district expects to save a sum greater than $50 million. However, certain board members expressed worries regarding student impact.

Fort Lauderdale, Florida

https://www.local10.com/news/local/2026/05/12/broward-school-board-votes-for-massive-amount-of-layoffs/

Did the former Upstream CFO resign because the Finance 2.0 recommendation came back with a 50%+ layoff for the finance organization? Did he actually have morals and just couldn’t continue to work for XOM

General Motors is cutting hundreds of information technology staff. These reductions will affect approximately 500 to 600 salaried employees globally. Management began notifying affected workers on Monday morning. The company's Warren Tech Center is one impacted worksite. GM stated these cuts aim to transform its IT organization for the future.

Warren, Michigan

https://www.macombdaily.com/2026/05/12/gm-layoffs-to-hit-warren-tech-center/

Iowa's new law increases funding and autonomy for charter schools. This has raised concerns for the state's public schools. Opponents fear potential teacher layoffs and reduced resources. The law also relaxes requirements for homeschooling families. Public school advocates question fair funding for two systems.

Des Moines, Iowa

https://www.weareiowa.com/article/news/education/new-iowa-charter-school-law/524-f68c8353-3512-4704-a3eb-aca2c37b2cbb

Superintendent Thomas Taylor issued a warning to school employees. He cited "extremely serious concerns" regarding the budget. Montgomery County Public Schools faces a $150 million budget shortfall. Reductions could eliminate 100 full-time positions for every $10 million cut. The County Council is expected to finalize budget decisions soon.

Montgomery County, Maryland

https://www.wusa9.com/article/news/education/mcps-superintendent-warns-of-layoffs-budget-shortfall/65-1b7cdbe5-aa6e-428e-8265-8f4dc4c28684

Rhode Island school districts are approving staff layoffs for the upcoming academic year. These reductions stem from budget pressures and shifting student enrollment. Johnston initially issued 89 layoff notices, with 42 employees still without positions after reorganization. Newport laid off 17 teachers, though some roles might be restored later. Warwick approved 42 layoffs, including teachers, teaching assistants, and administrators.

Providence, Rhode Island

https://www.wpri.com/news/education/teacher-staff-layoffs-hit-multiple-ri-school-districts/

Fresno Unified trustees unanimously approved proposed layoffs. The decision impacts 78 positions across the district. This includes teachers, counselors, nurses, and vice principals. The district cited a lack of funds as the reason. These changes are scheduled for the 2026-2027 school year.

Fresno, California

https://kmph.com/news/local/fresno-unified-approves-proposed-layoffs-of-78-positions-for-2026-27-school-year

Cleveland Metropolitan School District leaders defended recent layoffs and school closures. An additional 51 central office administrators received layoff notices. This adds to 315 layoffs approved earlier in April. The district will close 29 schools next year due to declining enrollment. Sixty teachers previously laid off will return as enhanced building substitutes.

Cleveland, Ohio

https://www.ideastream.org/education/2026-05-12/cleveland-school-leaders-defend-layoffs-building-closures-amid-broader-public-education-challenges

I’m still new to ExxonMobil but I don’t know how our leaders think the actions they are taking don’t hurt our long term value. Short termism is very visible. The way good people are being treated is cruel and does not make us younger gen want to stay around. All of the people who want to teach us are leaving and I don’t many the ready to retire but the people who have been around for 10-20years are leaving and the gap is becoming more and more obvious with no one replacing them with the work being outsourced to India.

Then let’s go to the system and process. They just don’t work anymore. Any new system or software su-ks. career connect doesn’t work, D&S is even more opaque (maybe yet again the plan) and we’ve outsourced our pay, vacation.. basically everything with no accountability to fix or own any issues.

The foundation is sinking and it’s just getting worst. I’m leaving as soon as I can but investors and shareholders should be worried. DWW is feathering his nest for retirement but our stock will be impacted by the short term actions that will impact long term value

Shell cut a large portion of its IT workforce in Bangalore for a reason. Yet RB and LC apparently thought it made sense to bring in the leader who built Shell’s India data and analytics group, even though that role was eliminated during Shell’s own layoffs. Now we are watching that same leadership rebuild the team by hiring former Shell India employees into Chevron.

Fidelity to Cut 800 Staffers as It Overhauls Tech, Product Teams

• (Bloomberg)
• Fidelity Investments is cutting about 800 jobs while restructuring technology and product-delivery teams and planning additional hiring.

  https://www.bloomberg.com/news/articles/2026-05-07/fidelity-to-cut-800-staffers-as-it-overhauls-tech-product-teams

Fidelity reorganizes its workplace with new hires - and a few cuts

• (Boston.com)
• Boston.com reports Fidelity will cut about 800 jobs worldwide while also hiring thousands as part of a broader restructuring.

  https://www.boston.com/news/business/2026/05/11/fidelity-reorganizes-its-workplace-with-new-hires-and-a-few-cuts/

Fidelity Cuts 800-1,000 Jobs: Reports

• (ThinkAdvisor)
• ThinkAdvisor summarizes reports that Fidelity is cutting 800 to 1,000 jobs tied to technology and product-delivery restructuring.

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

Fidelity to Cut Around 800 Jobs as It Restructures Technology and Product Teams

• (Hubbis)
• Hubbis reports Fidelity is cutting about 800 global roles while reshaping technology and product-delivery operations.

  https://www.hubbis.com/news/fidelity-to-cut-around-800-jobs-as-it-restructures-technology-and-product-teams

United States $7 Trillion Asset Manager Fidelity Investments to Cut 800 Jobs Representing 1% of Global 80,000 Workforce But Will Hire 2,000 Including in Engineering, Technology & Product Roles

• (Caproasia)
• Caproasia says Fidelity is cutting about 800 jobs while planning thousands of hires in engineering, technology, and product roles.

  https://www.caproasia.com/2026/05/12/united-states-7-trillion-asset-manager-fidelity-investments-to-cut-800-jobs-representing-1-of-global-80000-workforce-but-will-hire-2000-including-in-engineering-technology-product-roles/

Fidelity Investments Layoffs 2026 - 800 Jobs Cut

• (LayoffHedge)
• LayoffHedge tracks the Fidelity layoff round as roughly 800 jobs, about 1% of the company’s global workforce.

  https://layoffhedge.com/company/fidelity-investments

Fidelity Layoffs: Why The Giant Is Cutting 800 Roles While Hiring 3,300

• (AInvest)
• AInvest frames the cuts as part of Fidelity’s shift away from siloed agile teams toward larger technology and product units.

  https://www.ainvest.com/news/fidelity-layoffs-giant-cutting-800-roles-hiring-3-300-2605/

Fidelity to Cut at Least 800 Jobs Globally to Restructure Tech and Product Teams

• (AASTOCKS)
• AASTOCKS reports Fidelity is cutting at least 800 jobs globally as it restructures technology and product teams.

  https://www.aastocks.com/en/mobile/news.aspx?newsid=NOW.1523575&newssource=AAFN

Fidelity plans to cut at least 800 jobs globally to restructure its technology and product teams

• (Futu News)
• Futu News summarizes Bloomberg reporting that Fidelity is trimming about 1% of its workforce to reorganize tech and product teams.

  https://news.futunn.com/en/post/72748081/fidelity-plans-to-cut-at-least-800-jobs-globally-to

Finance Layoffs Tracker

• (TrueUp)
• TrueUp lists Fidelity among recent finance layoffs with about 1,000 roles affected on May 7, 2026.

  https://www.trueup.io/finance/layoffs

Hello,
I recently transferred from GLA to WAL. What's the word on the street? It sounds like Tarrytown is in a very precarious situation. Seeing a lot of retirements in Walpole - are they forced early retirements? My friends still in Glasgow still work there but they don't seem to be a part of our huge 6% loss in diognostics

Any word on upcoming TWS/RPO/WSI layoffs? Change is certainly in the air and it don’t look good.

14 (It's been a month, I am still trying to make a peace with it)

Chainsaw wants to chop another 20%

I am no longer with the company but very curious about how things are going and moving along since last year's layoffs; and what the overall morale is like in Design and Tech; especially in the Home Division?

Prior to my departure, promotions were scarce and people were feeling stagnant, overworked/underappreciated and not being able to move around and grow... is that still the case for most L4/L5s and maybe L6s?

This message is for Mr. O’Grady, CEO, on behalf of front-line employees, managers and even regional managers in Wealth Management. Because we don’t know if you’re aware of how bad things have gotten.
Senior Execs in WM have made decisions to close down ESS and PCS teams across the country without a plan in place. There was minimal thought put into the transition of those clients and individuals within those teams were left with no leadership and an attitude of “Just handle it and I don’t want to hear any complaints.”
Of course there were complaints. And of course there are some financial losses. And because of those, 20 year (and more) tenured, experienced and exceptional people were given the direct blame and fired.
It’s such a big mess and so sh---y.
We feel like we don’t work for the same Northern Trust anymore, after working proudly for this company for decades.
The only thing being emphasized is the bottom dollar. Every single thing is about money.
What happened to the company who, during Covid times, not only didn’t lay off anyone but also gave an extra paycheck to the lower level employees? Why is everyone being asked to do more with less, with absolutely no recognition or appreciation? The very good people left are leaving.
We’ve become the laughing stock of the industry. We used to be the Bloomingdale’s of this business, and now we’re no better than Wells Fargo or BofA.
It’s extremely sad and disappointing. And we’re hurting really bad. But worse, we’re looking for other jobs. For some of us, who have been unsuccessfully recruited by other firms for over 29 years, it’s the first time we’ve even thought of doing so.

SMs, Now that you are exiting, can you tell us what exactly you were doing beside scheduling and hosting agile ceremonies. You were getting free money folks

Our CEO is CELEBRATING 23 quarters of layoffs. CELEBRATING?!?!?

That's how much our leader values the workforce. Do the math - he's celebrating the disruption and destruction of tens of thousands of careers for the past 7+ years straight.

https://www.bizjournals.com/sanfrancisco/news/2026/04/14/wells-fargo-ceo-layoffs-wfc-earnings-call.html

i'm outta here asap. its only getting worse

And cripple teams in the process? You can only spread so much work across so few people, especially when specific roles require specific skills. It's pretty clear that efficiency and morale aren't even on the list when they're making these decisions.

Layoffs like this should get local attention. They’re 100% offshoring all of these jobs, taking away from local communities (looking at you CRM, GOSC)

Please share.

Part of IT Marketing & Sales. We just have way too many people doing nothing. Everyone just acts they are super busy but there is no real work. All of our code is written by AI now and everyone on my team is H1B. If GM was able to layoff 500-600 people then we could probably do some clean up across Ford. Design, Development, Testing is all driven by AI and yet I don't understand why we are hiring like it is 2018. One of the best engineer on our team left recently and we are operating in chaos. Leadership thinks they are right and do not listen to team members. Its pure CHAOS!!!

The worst part about everything happening lately is the complete lack of accountability from senior leadership. They’re the ones who championed the Spotify model. They’re the ones who forced people into different roles to support it. They’re the ones who went on a hiring spree during the pandemic. They’re the ones who shut down overflow sites. They’re the ones who dragged their feet on AI adoption. And now they’re laying off some of their strongest supporters while forcing everyone else back into the office without a clear strategy or any acknowledgment that mistakes were made along the way.

Our department head held a Q&A today, and it felt like a wasted opportunity. This could have been a moment for honest discussion about the layoffs and reassurance for employees. Instead, it came across as heavily managed dramatics. Submitted questions were either ignored, removed, or reworded in ways that changed what people were actually asking. There still weren’t any answers about the reasoning behind the layoffs or the return-to-office push. They said employees should stay home when sick, but also warned there are consequences for missing too many days without defining what that means. Then the meeting ended with comments about how stressful this situation has been for leadership and suggestions that employees seek therapy to cope.

If a workplace is creating so much stress that employees are being told to talk to a therapist, maybe leadership should reflect on what that says about the environment. People who dedicated years to Fidelity are now worried about supporting their families, finding new jobs, or remaining in the country, and leadership wants sympathy for how difficult this has been on them? Pardon the language but b!tch please.

Don’t talk about transparency while filtering out uncomfortable questions. Don’t frame this as a shared hardship when employees are paying the price for leadership decisions. Whatever culture used to be here years ago is long gone. The rot is here and it won't go away because it starts at the top.

The Livermore Valley Joint Unified School District board will consider employee terminations. About 15 full-time equivalent positions are proposed for reduction. These cuts are part of a $14.8 million budget adjustment plan. Classified employees, including paraeducators, are most affected. The district must issue layoff notices to employees by May 15.

Livermore, California

https://www.livermorevine.com/education/2026/05/12/lvjusd-board-to-finalize-employee-layoffs/

Results seem to be great, so why are we still cutting people? If layoffs are happening while the numbers are good, it makes you wonder how bad things would get for employees if results actually started slipping.

Hengst Filtration announced 77 job cuts. These layoffs affect its Camden, South Carolina facility. The permanent reductions will happen from July to September. Hengst is the 21st company to announce state layoffs this year. The state's total job losses this year now exceed 2,000.

Camden, South Carolina

https://www.southcarolinapublicradio.org/sc-news/2026-05-11/with-kershaw-plant-announcement-layoffs-in-sc-cross-the-2-000-mark

I can feel it. We need a miracle to right this ship. I can't believe what happened to such an iconic company.

The unique log cabin-style Wendy's in Nisswa, Minnesota, has closed. It was considered the fast-food chain's most unique restaurant. A roadside sign now states the store is closed. Google also confirms the restaurant is permanently closed. It is unclear if this closure relates to nationwide Wendy's restaurant shutdowns.

Nisswa, Minnesota

https://bringmethenews.com/minnesota-lifestyle/minnesotas-one-of-a-kind-log-cabin-wendys-closes-abruptly

At least in my area. Anywhere else?

There are no jobs, economy is going under, the entire world is in a crisis... How is that a good time to lose your job?

Ideal US Talent Worker OpCo LLC will lay off 9,891 remote gig workers. These layoffs are scheduled to begin on July 1. The company cited business restructuring as a primary reason. Its contracts are being transferred to a third-party partner. Affected workers are encouraged to apply for open positions with this partner.

Minneapolis, MN

https://www.msn.com/en-us/money/smallbusiness/nearly-9900-remote-gig-workers-to-be-laid-off-by-minneapolis-company/ar-AA22mF5u

Given the times what happening around the world, internal struggling, competitors with strong growth day by day, no wonder stock going down.

What's the point anymore, when I could get cut either way.

Huntsman Corp. will cease nitrile latex production at its Akron facility. This change is scheduled for the end of the first quarter of 2027. The company plans to lay off 25% to 30% of its Akron workforce. Increased low-cost imports from the Far East are cited as a factor. Huntsman will continue other polymer manufacturing and focus on new materials in Akron.

Akron, Ohio

https://www.beaconjournal.com/story/business/2026/05/12/texas-based-huntsman-corporation-adjusting-its-manufacturing-focus-in-akron-nitrile-latex/89983377007/

When I got the news that I was being laid off a few months ago, I expected to be devastated. Instead, I felt a wave of relief. Dell has been a mess for too long and I hated my job for far too long. I don't know if I got lucky or the job market is not that bad, but I had a new role within two months. Smaller company and much better culture. Just wanted to say, it's not all bad.

The Toronto District School Board announced hundreds of additional layoffs. These cuts follow previous job reductions last month. The layoffs target 218 central administrative staff positions. An additional 91 vacant positions will also be eliminated. The board cites declining enrollment and financial sustainability as reasons.

Toronto

https://toronto.citynews.ca/2026/05/11/hundreds-of-administrative-roles-cut-in-latest-round-of-tdsb-layoffs/

Many groups throughout the company being impacted this week. Potentially linked to the HR leveling project. Anybody have more news? Good luck all!