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Posts mentioning hashtag #news

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Robinhood Trims Staff; Analysts Lift Stock Targets

Robinhood announced a 10% workforce reduction. This action affected approximately 290 staffers. The company cited business strength for the move. Wall Street analysts subsequently raised price targets for HOOD stock. Robinhood shares soared 8.8% following the news.

https://www.investors.com/news/robinhood-stock-hood-stock-soars-above-key-level/

#Business #Layoffs #News #Stock #WorkforceReduction

Xbox to Close Compulsion Games Studio

Xbox plans to close game developer Compulsion Games. The studio is known for titles such as South of Midnight. Compulsion leadership is negotiating with Microsoft about its future. The number of affected employees remains unclear. This follows recent Xbox financial struggles and expected layoffs.

https://kotaku.com/xbox-shuttering-south-of-midnight-peabody-award-compulsion-games-2000706065

#Closure #Company #EmployeeRelations #Layoffs #News

6/15/2026 - USA Layoff News (Consolidated Listing)

California

  • Comprehensive Autism Center has layoffs affecting an unknown number of workers in Temecula, with keywords including behavioral health, autism therapy, diagnostic testing, and provider cuts.
  • Ubisoft is cutting around 100 workers at its San Francisco studio, with keywords including game studio, latest round, studio closures, and multi-year restructuring.

Connecticut

  • Stamford Public Schools is preparing layoffs affecting an unknown number of workers in Stamford, with keywords including 900 fewer students, involuntary transfers, teachers union, and budget cuts.

Ohio

  • Cleveland Metropolitan School District has layoff warnings affecting an unknown number of workers in Cleveland, with keywords including public schools, staff cuts, education funding, and nationwide warnings.

Pennsylvania

  • Penn has spending cuts and prior layoffs affecting an unknown number of workers in Philadelphia, with keywords including FY27 budget, Graduate School of Education, multi-year effort, and operating cuts.

Tennessee

  • Hollywood Feed is cutting 20 corporate staff workers at its Memphis headquarters, with keywords including headquarters, corporate staff, Tennessee, and layoffs.

Texas

  • BSA Health System and Bell Textron have reported layoffs affecting an unknown number of workers in Amarillo, with keywords including employer statements, health system, Bell Textron, and local layoffs.

Multi-State: Not Specified

  • JBS and Pilgrim’s Pride are closing meat plants and cutting at least 2,000 workers across unspecified locations, with keywords including manufacturing reshuffle, meat plants, plant closures, and food production.
  • UPMC is cutting 200 workers and 300 open positions across its health system, with keywords including healthcare, open positions, systemwide layoffs, and workforce reduction.

United Kingdom

  • BBC is planning to cut around 2,000 jobs across the organization, with keywords including news division, restructuring, budget cuts, and broadcaster layoffs.

Denmark

  • Topsoe has laid off the majority of workers in its PtX division in Denmark, with keywords including smaller division, power-to-X, clean energy, and restructuring.

Singapore

  • Singapore employers cut 3,830 workers in the January-to-March period, with keywords including restructuring, Ministry of Manpower, three-year high, and quarterly layoffs.

Nigeria

  • Nigeria food and beverage employers face potential mass layoffs affecting an unknown number of workers across the sector, with keywords including rising costs, forex crisis, FOBTOB, and food industry.

Philippines

  • TTEC has workforce adjustments affecting an unknown number of workers in the Philippines, with keywords including customer experience, need-based layoffs, worker pushback, and outsourcing.

Potential/Unconfirmed Layoffs

  • Thousands of U.S. public-school employees face layoff warnings across unspecified states, with keywords including education system, school staff, funding pressure, and layoff warnings.
  • Xbox Game Studios faces potential mass layoffs and studio closures affecting an unknown number of workers in unspecified locations, with keywords including Craig Duncan, executive departure, Compulsion Games, and July layoffs.
  • Centene is offering buyouts to most staff and may pursue layoffs affecting an unknown number of workers across unspecified locations, with keywords including membership losses, workforce shrinkage, buyouts, and health insurer.
  • Compulsion Games and Arkane Lyon face potential Xbox studio closures affecting an unknown number of workers in unspecified locations, with keywords including Microsoft, studio shutdown, game development, and layoffs loom.
  • Microsoft is weighing an Xbox spinoff and planning July layoffs affecting an unknown number of workers in unspecified locations, with keywords including revenue decline, gaming division, spinoff, and fiscal year close.

Company-wide/Location Not Specified

  • Neumora is cutting 35 percent of staff in an unspecified location, with keywords including navacaprant, depression studies, Koastal trial, and annual savings.
  • IRS Taxpayer Services lost more than 11,000 workers and reassigned 1,173 higher-paid employees to lower-grade positions in unspecified locations, with keywords including filing season, TIGTA, reassigned staff, and federal workforce.
  • Meta cut about 8,000 workers and shifted 7,000 into AI roles in unspecified locations, with keywords including AI restructuring, workforce strain, Zuckerberg mistakes, and no more layoffs.
  • A product designer was laid off from an unspecified company and built a layoff support tool, with keywords including vibe-coded, support tool, job loss, and product design.
  • A young Meta data researcher was laid off in an unspecified location, with keywords including AI, job market, career rethink, and layoff rumors.

National/Other Commentary and Analysis

  • TechCrunch reported that the AI layoff wave has affected nearly 150,000 tech workers this year, with keywords including AI layoffs, tech companies, workforce displacement, and powder keg.
  • HRD America reported AI-driven hiring growth despite major tech layoffs, with keywords including tech talent, hiring shift, labor market, and large providers.
  • Entrepreneur and KSL reported Zuckerberg’s comments on Meta’s AI reshaping and May layoffs, with keywords including internal memo, AI workforce, mistakes, and no more layoffs.
  • PC Gamer and Video Games Chronicle reported Microsoft CEO comments on Xbox monetization ahead of expected layoffs, with keywords including videogames, YouTube, monetization, and Xbox strategy.
  • The HR Digest reported companies rehiring workers after AI layoffs, with keywords including hiring managers, replaced workers, AI roles, and human workers.
  • The Tech Buzz reported AI layoffs alongside AI wealth creation, with keywords including tech insiders, billion-dollar fortunes, displacement, and AI economy.
  • Nation Thailand reported broader risks from AI layoffs for workers and demand, with keywords including consumer purchasing power, firms, demand decline, and labor risk.
  • Yahoo Finance reported on tech workers considering trade jobs after layoffs, with keywords including burnout, unstable startups, career change, and skilled trades.
  • Atlanta Journal-Constitution reported potential Georgia layoff implications from the Paramount and Warner Bros. merger, with keywords including Turner Networks, ownership changes, media jobs, and Atlanta.
  • Harvard Business Review discussed AI content compensation while referencing layoff avoidance, with keywords including AI companies, fair rates, content, and business strategy.
#Layoffs #UnitedStates #News #WorkforceReduction #AI

Takeda's Cuttin'

Takeda Pharmaceutical, Massachusetts’ largest life sciences employer, is preparing to lay off 247 employees in Cambridge, with cuts beginning as soon as July 1, 2026 and some possibly extending into 2027.

The article is posted here: https://finance.yahoo.com/sectors/healthcare/articles/largest-mass-biotech-employer-axing-181441933.html

The layoffs are part of Takeda’s broader Transformation Program, approved in March, which aims to save about $1.2 billion annually by 2028. Globally, Takeda plans to cut around 4,500 jobs by March 2027, which is less than 10% of its workforce. The Massachusetts layoffs are included in that global figure, not an additional round.

A major driver is the sharp decline of VYVANSE, Takeda’s ADHD dr-g, after it lost U.S. patent protection in August 2023. U.S. sales reportedly fell 63% last fiscal year as generics entered the market.

Takeda said many affected Massachusetts employees have already found other roles inside the company, and it has about 2,100 open positions globally, including in Massachusetts. The company says it is prioritizing internal candidates.

The article also notes that Takeda recently lost an antitrust case involving AMITIZA, but the company said that verdict is not connected to the layoffs.

Takeda is now relying on several experimental dr-gs, including oveporexton, rusfertide, and zasocitinib, to help replace lost VYVANSE revenue.

#Massachusetts #Employees #WorkforceReduction #News

SCHULMAN HAS GOT TO GO part II

Wow. Have you seen this? I just saw it. They’re talking about it all over—everyone is talking about it. Dan Schulman, the guy from Verizon. Great company, by the way, very big, very powerful, though frankly, the signal in Mar-a-Lago could be better. We’re looking into that.

But Dan—fake news Dan—he’s writing love poems. Can you believe it? Love poems! To his wife! And let me tell you, I’ve seen the poems. Total disaster. Weak. No vocabulary. Sad! He tells his wife her eyes have "low latency." Incredible. If I told Melania she had low latency, she’d lock me out of the penthouse. Total catastrophe. Dan is out there dropping calls in the bedroom. He’s got zero bars, folks. Absolutely zero bars. Sad!

#Company #Culture #Leadership #Management #News

Even more layoffs coming

The news comes in an especially delicate context for tech employment. In just five months of 2026, companies in the sector have accumulated nearly 140,000 layoffs worldwide.

https://www.escudodigital.com/en/technology/artificial-intelligence/google-announces-ffresh-layoffs-deepening-tech-industry-turmoil.html

#AI #Layoffs #News #Tech

Supercell Cuts US Staff, Cancels Game Development

Supercell has reduced staff within its North American division. This news emerged from social media posts by former employees. A co-founder of one US branch, Steve Desilets, was among those impacted. His studio's game project was canceled, leading to the team's disbandment. Supercell has not yet publicly commented on the situation.

https://wnhub.io/news/hr/item-51064

#Company #EmployeeRelations #Impact #Layoffs #News

Maria Aspan Exits NPR Finance Role

Maria Aspan, a finance correspondent for NPR, was laid off. She spent two years covering Wall Street, the economy, and corporate power. Aspan joined NPR from Fortune magazine, where she was a senior features writer. Her career also includes reporting for American Banker and Reuters. She has received numerous awards for her journalism.

New York, NY

https://talkingbiznews.com/media-news/npr-finance-correspondent-aspan-among-the-layoffs/

#Finance #Layoff #Layoffs #NewYork #News