#layoffs

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CIT Layoffs this week

Heard of several layoffs in CIT over the last 24 hours. First in the US followed by Bangalore and other regions after. People tech, DES, CTS. Mostly directors and managers but also heard of some ICs. No idea if it’s over but surprised to not see anything about this yet


Build a Rocket Boy Announces Further Job Cuts

Build a Rocket Boy has reportedly experienced another round of layoffs. The exact number of affected employees remains undisclosed. This marks the third instance of job cuts within a year for the studio. Previous layoffs included the shutdown of BARB France and reductions in the UK. CEO Mark Gerhard cited corporate sabotage and game issues for the redundancies.

https://wnhub.io/news/hr/item-50759


Aurora Mental Health & Recovery Cuts 111 Jobs

Aurora Mental Health & Recovery eliminated 111 positions. The center expects a $6.5 million revenue loss next year. This is partly due to a required state repayment. State officials accuse the center of financial mismanagement. Other Colorado mental health centers also face financial strain.

Aurora, Colorado

https://coloradosun.com/2026/05/05/aurora-mental-health-center-layoffs/


Muhlenberg College Faces Layoffs Amid $10 Million Deficit

Muhlenberg College faces job losses due to a $10 million budget deficit. The American Association of University Professors (AAUP) confirmed the impending layoffs. AAUP noted faculty typically receive a year's notice, unlike staff. Historically, staff were given hours to vacate offices and escorted off campus. The union advocates for 90 days' notice, salary, and benefits for all laid-off staff.

Allentown, Pa.

https://www.wfmz.com/news/area/lehighvalley/lehigh-county/allentown-area/muhlenberg-s-10-million-budget-deficit-could-lead-to-layoffs-faculty-union-says/article_1263fae8-73aa-4371-8332-643f42df89f9.html


Columbus AI Firm Postpones Festival Amid Layoffs, Lawsuit

A Columbus AI startup will postpone its upcoming tech festival. This decision follows recent layoffs at the company. A pending lawsuit also affects the company. The suit accuses the founder of firing executives. This was allegedly to avoid sharing future profits.

Columbus, Ohio

https://www.dispatch.com/story/news/local/2026/05/05/ohio-tech-entertainment-festival-2026-delayed/89953871007/


Freshworks Reduces Workforce by 500 for AI Focus

Freshworks is reducing its global workforce by approximately 500 employees. This represents about 11 percent of its total staff. The company attributes these layoffs to an AI-focused restructuring strategy. CEO Dennis Woodside stated that over half of Freshworks’ code is now written by AI. This automation has reduced repetitive work across various functions.

https://www.storyboard18.com/brand-marketing/freshworks-layoffs-over-half-of-our-code-is-written-by-ai-says-ceo-as-firm-cuts-500-jobs-97275.htm


Academy Workers Union Resists Layoffs, Many Still Working

The California Academy of Sciences announced 53 worker layoffs last week. CalAcademy Workers United, representing staff, rejects these job cuts. Union leaders claim some layoffs violate their existing contract. Many affected union members are continuing to report to work. Negotiations between the union and management have begun.

San Francisco, California

https://missionlocal.org/2026/05/union-rejects-cal-academy-layoffs/


Maersk Closes Lakewood Facility, Cuts 49 Jobs

Maersk will close its Lakewood facility. This closure is effective June 30. The action affects 44 workers at the Lakewood site. Five additional layoffs are planned at its Sumner location. Maersk is a Denmark-based company.

Lakewood, Washington

https://www.thenewstribune.com/news/local/article315650189.html


Henkel Closes Oak Creek Facility, 57 Jobs Lost

Henkel US Operations Corporation announced the closure of its Oak Creek facility. This action will result in 57 layoffs. The company plans to halt all operations by the end of September 2026. The facility's permanent closure is scheduled for February 2027. The initial layoffs are set to occur around June 30, 2026.

Oak Creek, Wisconsin

https://www.wearegreenbay.com/news/local-news/chemical-consumer-goods-facility-in-wisconsin-shutting-down-57-layoffs-ahead/


Cohen Proposes Major eBay Staff Reductions

Activist investor Ryan Cohen has proposed acquiring eBay Inc. He sharply criticized eBay's current operating structure and large workforce. Cohen stated that 11,500 employees do not make sense for an asset-light business. He plans aggressive cost-cutting and headcount reductions if his bid succeeds. This strategy aims to increase earnings and accelerate innovation.

https://www.benzinga.com/markets/equities/26/05/52311822/ebay-layoffs-looming-ryan-cohen-says-11500-headcount-doesnt-make-sense-fwor-asset-light-business


Coinbase Lays Off 700 Staff Amid AI Transition

Coinbase is laying off 14% of its workforce. This amounts to approximately 700 workers. The company is shifting efforts toward artificial intelligence. CEO Brian Armstrong cited a volatile crypto market and cost-cutting needs. Restructuring efforts will cost $50 million to $60 million.

San Francisco, California

https://www.sfgate.com/tech/article/coinbase-layoffs-2026-sf-22242957.php


Camden School District Cuts 100 Jobs Amid Opposition

The Camden School District laid off around 100 employees recently. Students, staff, and community members strongly opposed these job cuts. District officials stated the changes are part of a restructuring effort. They aim to eliminate some positions while creating new ones. Affected staff are encouraged to apply for the upcoming roles.

Camden

https://www.nbcphiladelphia.com/news/local/we-are-down-to-the-bone-camden-layoffs-faces-backlash-from-students-staff/4397537/?amp=1


PayPal to Reduce Workforce for AI Development

PayPal plans to cut 20% of its staff. This reduction will take place over the next two to three years. The company aims to accelerate its adoption of artificial intelligence. These job eliminations are also part of a cost-cutting initiative. CEO Enrique Lores stated PayPal underinvested in its technology platform.

https://www.wsj.com/business/earnings/paypal-to-cut-costs-after-profit-falls-dc42baf9


ThyssenKrupp Logistics Cuts 110 Greer Jobs

ThyssenKrupp will lay off 110 employees. The job reductions affect its Greer, South Carolina facility. These layoffs are planned for completion by July 5. The S.C. Department of Employment and Workforce reported the cuts. ThyssenKrupp operates as a warehouse and logistics company.

Greer, South Carolina

https://www.postandcourier.com/spartanburg/business/spartanburg-greer-thyssenkrupp-layoff-warehouse-logistics/article_d6cac181-7301-4e83-892e-8dbbc8a39078.html


It’s not fair I was laid off and others get to stay

I had 15 years with the company but my department decided to lay me off instead someone that’s been there 2 years. That’s not fair at all. I trained people, was always on time, worked weekends and overtime while being salaried, all that dedication and this is the thanks I get. I’m very hurt and disappointed in UHC. They have no loyalty at all! I will never work for them again good riddance!!


Build a Rocket Boy Lays Off 170 Staff

Build a Rocket Boy recently laid off an undisclosed number of employees. Reports indicate 170 staff were affected, leaving around 80 remaining. This marks the third round of layoffs for the developer in the past year. Previous cuts included the closure of BARB France and 300 UK-based employees. The company is undertaking a "reset" for its game MindsEye after negative feedback.

https://www.gamesindustry.biz/build-a-rocket-boy-reportedly-hit-with-more-layoffs


No Extras

Don’t give to UW through work (give on your own if you can still afford to do so). Billy can make up for the difference.

Don’t volunteer for Grow Up Great (go help your local school on your own). Billy can take his limo to the schools and make up for the loss in hours.

Don’t attend EBRGs until flexibility is restored. The firm uses EBRGs as evidence of engagement. Continue to support each other, but do it on your own.

Don’t let PNC (Pune - Chennai - New Delhi) take any credit for your community involvement. Let those new employees in our overseas hubs, who are quietly replacing us, step up and show their community support. I have no spite toward the individuals overseas, but since Billy has made the decision to layoff his U.S. based workforce and hire overseas, there is no way I am letting him take credit for my support of UW, Grow up Great, or involvement in EBRGs.


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| no views yet | | 1 reply (May 11) | Reply
Post ID: @OP+1kqx793zr
| Regarding PNC

I'm out of stress

These past few years have been a wild ride, and this place has gone so far downhill that I can't even work up anxiety about being laid off anymore. Sure, I'm vaguely worried as the job market is brutal, and the economy is shaky, but I don't have the energy or the attachment to this job to really panic.


What constant cuts really mean

A healthy company hires when it needs to and keeps people when they're doing good work. A failing company cuts over and over, calls it restructuring, and pretends things are fine. We've been through how many rounds in the last few years? Certainly too many. That's not a sign of a strong organization.


Every Expat job at Aramco comes with an expiration date

The fact that HR doesn't tell you that before you come doesn't make it less true. If you took the job expecting to make it to retirement, I'm sorry, but you are a fool. If you think the quantity/quality of the work you do will save you, then you are a double fool. The last big round that management did back in 2020 doomed entire areas of the company, and I'm sure the next one will be just the same if not worse. Sadly, management is clueless when it comes to knowing who does what, and good people get the boot right along with the bad. Some companies learn the easy way. Some companies learn the hard way. On the other hand, Aramco never, ever learns.

@bn+1kqpw2thz hits the nail on the head.