#restructuring

Memphis Light, Gas and Water (MLGW) ended 33 employment positions. This action was part of a company restructuring effort. Many affected employees felt blindsided by the decision. Thirty-one individuals reapplied for other company positions. Fifteen individuals secured new job placements.

Memphis, Tennessee

https://www.fox13memphis.com/news/dozens-of-mlgw-employees-blindsided-after-jobs-eliminated-in-restructuring-effort/article_ddd769cc-13ef-44a5-9e18-e0d327ed7f6a.html

If you’re one of the 13,000 employees who were laid off last year, you’re probably aware that the waiting period has ended and you’re now eligible to apply for roles within the company again.
That said, unless you have someone actively advocating for your return and pushing to bring you back in, I would encourage you to look forward rather than backward.
From what I’m seeing, especially on the wireline side of the business, the company’s focus appears to remain on restructuring and efficiency initiatives. They continue hiring leadership and management talent aimed at identifying operational improvements and reducing costs, which often translates into additional workforce reductions.
Experience and institutional knowledge alone may not be enough to secure a return. If you’ve developed new skills that align with where leadership is trying to take the business, your chances may improve. Otherwise, it may be more productive to pursue opportunities outside the organization.
It’s unlikely the company will bring people back into the same roles, at the same compensation levels, to perform work that was previously eliminated. At some point, it makes sense to shift energy toward building the next opportunity rather than waiting for the old one to return.

Missouri

• MU Health Care is cutting 74 workers and closing Hy-Vee Quick Care clinics in Columbia, with keywords including workforce reduction, clinic closure, organizational redesign, and financial challenges.

Iowa

• State of Iowa is laying off roughly 200 workers statewide as data and website management is outsourced, with keywords including government IT, outsourcing, technology services, and restructuring.

Massachusetts

• Baystate Health has laid off an unknown number of workers across 22 departments at Baystate Franklin Medical Center in Greenfield, with keywords including hospital staffing, nursing concerns, patient transport, and workforce reductions.
• Coca-Cola is cutting 175 workers through the closure of its Northampton production facility, with keywords including plant closure, manufacturing, WARN notice, and facility shutdown.

Minnesota

• Acuity Brands Lighting is cutting 86 workers in Winona as it closes a lighting plant and shifts production to another state, with keywords including plant closure, WARN notice, manufacturing, and production transfer.

Michigan

• Dow is beginning layoffs affecting an unknown number of workers in Midland as part of a global restructuring that includes about 4,500 job cuts worldwide, with keywords including restructuring, chemicals, cost reduction, and global workforce cuts.

Oregon

• Asante has conducted layoffs affecting an unknown number of workers in Medford while continuing to hire for selected positions, with keywords including healthcare, restructuring, workforce reduction, and expansion hiring.

Idaho

• Scentsy previously cut 87 workers in Meridian and is now shedding warehouse space following the downsizing, with keywords including headquarters, warehouse operations, restructuring, and workforce reduction.

North Carolina

• Asensus Surgical is cutting 108 workers in Morrisville due to organizational realignment, with keywords including medical technology, robotics, restructuring, and workforce reduction.

Colorado

• Poudre School District is cutting 182 employees in Fort Collins due to ongoing budget shortfalls, with keywords including education, budget deficit, staffing reduction, and school operations.

Washington

• Seattle Public Schools is considering layoffs and school closures in Seattle because of an $87 million budget shortfall, with keywords including budget deficit, school closures, education funding, and workforce reductions.
• Washington State University Vancouver is considering workforce cuts tied to a 15% budget reduction, with keywords including higher education, budget cuts, potential layoffs, and campus operations.

Texas

• John Soules Foods is expected to eliminate dozens of jobs in Tyler after ending a sanitation contract, with keywords including contract termination, food processing, workforce reduction, and sanitation services.
• Educators affected by EPISD staffing reductions in El Paso are receiving workforce assistance following budget-driven cuts, with keywords including school layoffs, budget deficit, education, and workforce transition.
• Texas has recorded nearly 30,000 workers affected by layoffs statewide in 2026, with keywords including WARN notices, workforce reductions, manufacturing, and logistics.

California

• Kabam is consolidating its Los Angeles office and laying off an unknown number of workers, with keywords including video games, office consolidation, restructuring, and workforce reduction.
• Rivian is cutting hundreds of workers in sales and service operations, with keywords including electric vehicles, sales workforce, service teams, and restructuring.
• Meta previously conducted layoffs affecting an unspecified number of workers while reassigning thousands of employees toward AI-focused roles, with keywords including artificial intelligence, restructuring, performance management, and workforce realignment.
• Robinhood is cutting approximately 290 workers, with keywords including fintech, workforce reduction, performance strategy, and organizational restructuring.
• Starbucks eliminated an unknown number of sustainability and social impact roles, with keywords including corporate restructuring, sustainability, leadership changes, and workforce reduction.

United Kingdom

• BBC is cutting 550 jobs as part of a savings plan that also reduces commissioning spending, with keywords including cost savings, broadcasting, restructuring, and budget reduction.

Vermont

• UVM Health Network is eliminating 53 union positions, including 48 patient-facing roles, with keywords including healthcare, union workforce, cost reduction, and staffing cuts.

Florida

• GardaWorld Federal Services has issued layoff notices connected to detainee transfers from the Alligator Alcatraz facility, with keywords including contractor workforce, detention operations, layoff notice, and facility changes.

Potential/Unconfirmed Layoffs

• EY is reportedly laying off an unknown number of first-year audit staff in multiple locations, with keywords including accounting, audit practice, workforce reduction, and early-career employees.
• Bungie is reportedly preparing layoffs affecting roughly 400 workers, with keywords including gaming, restructuring, Destiny franchise, and workforce reduction.
• ZeniMax Media is reportedly conducting layoffs affecting an unknown number of workers across Bethesda and related studios, with keywords including Xbox, gaming, restructuring, and studio workforce cuts.
• Washington State University Vancouver is evaluating possible workforce reductions tied to approved budget cuts, with keywords including higher education, budget reduction, campus operations, and potential layoffs.

Company-wide/Location Not Specified

• Diageo is reportedly preparing layoffs affecting an unknown number of non-revenue-generating employees, with keywords including spirits industry, restructuring, cost reduction, and corporate operations.
• AT&T is reportedly evaluating workforce reductions under new financial leadership, with keywords including telecommunications, restructuring, cost control, and workforce planning.

Iran

• Printing houses across Iran are reducing headcount by an unknown number of workers due to rising paper prices and economic disruption, with keywords including publishing, inflation, cost pressures, and workforce downsizing.

National/Other Commentary and Analysis

• BioSpace published analysis explaining common drivers of biopharma layoffs, with keywords including biotechnology, workforce strategy, restructuring, and industry trends.
• HR Executive reported comments from Demis Hassabis arguing that some AI-related layoffs are driven by imitation rather than necessity, with keywords including artificial intelligence, management behavior, workforce strategy, and technology.
• Multiple reports noted U.S. unemployment claims remain low and layoffs remain historically subdued nationwide, with keywords including labor market, unemployment claims, workforce trends, and economic conditions.
• The New Republic examined corporate messaging and culture surrounding AI-era layoffs, with keywords including artificial intelligence, workplace culture, workforce reductions, and management communication.
• Bloomberg and other outlets reported thousands of U.S. public-school employees have received layoff warnings tied to education budget pressures, with keywords including public education, layoff notices, funding shortfalls, and workforce planning.
• HR Digest reported continued strong demand for AI talent despite broader technology-sector layoffs, with keywords including artificial intelligence, hiring demand, technology workforce, and labor market trends.

Google Cloud has reportedly initiated another round of layoffs. These job cuts affect multiple teams, including security and Mandiant. The exact number of impacted workers remains undisclosed. Google attributes the restructuring to a need for AI investment. This trend aligns with broader workforce adjustments across the tech industry.

https://www.msn.com/en-in/money/news/google-cloud-hit-by-fresh-layoffs-security-and-mandiant-teams-among-those-affected/ar-AA24SWkE

Meg joined BP with a lot of fanfare from media and industry group. The employees appear to admire and hope that she is a change agent who will bring about stability, profitability and a sense of purpose to a fragmented and often troubled company.

Will Meg deliver the goods? The company appears to have the same initiatives as MA did and she stood up the same BL and MA actors..”leaders” when will surgical cuts start appearing when will teams be right sized?

The global video game industry has recorded around 3,700 verified job losses in 2026. Total cuts likely exceed 4,000 when unverified reductions are included. The United States accounts for most layoffs, with Epic Games cutting about 1,000 roles. Bungie announced plans to lay off roughly 400 people. Ubisoft also cut around 680 jobs as part of a sweeping restructuring.

https://telanganatoday.com/game-industry-records-3700-layoffs-worldwide-in-2026

Norco re-org on the way after $500mm in potential value found by McKinsey. So much for "we can't cut and cope our way to profitability..."

Predict what’s about to occur now that a low price environment and halfhearted improvement initiatives are about to collide.
Will the market reward or punish current leadership?

This voluntary layoff program is probably just the first phase of a broader restructuring. Look at the tech companies, Amazon just did this prior to their massive layoff this year. Companies start with voluntary exits to reduce headcount quietly, lower severance costs, (they save SOOO much $$$) and see which roles can naturally be eliminated before moving to any targeted involuntary cuts. Too sum it up if you choose to leave its MUCH cheaper and looks better for them.

This is also why your metrics seem to be unatainable. They move the goalposts and the employees they want to get rid of they hold them to the letter of the metrics and put them on performance plans to get them out or they just quit out of frustration.

Leadership at this company uses rolling layoffs as just part of their general business practices. VSP does a lot of things, avoid WARN Act triggers, and reduce the negative optics of “another layoff,” all while encouraging high tenured, expensive employees to self select out.

This looks like they still need to get rid of expensive administrative resources but want to do it in a controlled, lower risk way the keeps the public and legal exposure to a minimum. All at the same time giving them the talking point "we'll they left on their own".

This is being presented as an individual choice, even though that choice may ultimately be denied if you decide to apply. The eligibility criteria are intentionally broad, which helps protect the company from age or demographic discrimination claims.
On some teams, 40 to 50% of employees received VSP eligibility notices. If everyone applied, it's obvious not everyone would be approved. Critical roles have already been identified, and those employees will almost certainly be denied.
If it feels like your PL is in the dark, it's because they are. Top Leadership are limiting what PLs know to avoid conflicting messages or anything that could be interpreted as a promise of job security. The problem is they haven't equipped PLs with meaningful talking points or guidance. That's a major failure.
PLs are stuck in the middle, taking pressure from both top leadership and their teams while still being expected to maintain productivity. They've been stripped of the transparency they need to lead their teams honestly and ethically.
Meanwhile, the psychological toll on employees is being largely ignored. Treating an entire workforce like rows on a spreadsheet during a restructuring of this magnitude feels cold, impersonal, and dehumanizing.

Rackspace Technology is reducing its global workforce by about 15 percent. This move is part of a major business transformation focusing on enterprise artificial intelligence. The company's Executive Committee approved the decision on June 10. Rackspace expects annual cost reductions between $75 million and $85 million from this restructuring. These savings will be reinvested into strategic AI growth initiatives.

https://www.timesnownews.com/business-economy/companies/rackspace-technology-layoffs-why-the-firm-is-cutting-15-of-its-workforce-article-154671687

For non-unionized Rivian workers and managers in Canada, understanding these developments is essential to protecting workplace rights and entitlements.

https://stlawyers.ca/blog-news/rivian-layoffs-severance-pay/

Universal Studio Group is merging UCP and Universal International Studios. Beatrice Springborn will lead the new Universal Global Television. This restructuring eliminates 22 positions across NBCUniversal's TV operations. Jennifer Gwartz, Marc Velez, and Steven O’Neill are among the departing executives. The consolidation aims to align content for the global market.

https://deadline.com/2026/06/ucp-uis-studio-merger-beatrice-springborn-layoffs-nbcuiversal-1236956996/

Like all of you, I have been anxiously evaluating my options. For ME personally, my VSP was pretty mid, but I'm early in my career... walking away from a good job and title with a little bit of cash isnt that bad. my big worry is that they boot me earlier than September 1... not a fan that the VSP numbers may "vary." We have no leverage in this bargain other than to stay to make it more difficult during restructuring. The risk of lay off is scary... a few departments have already restructured in the past two years, so its hard to imagine they will even accept my application... Not sure how to feel about the paranoia associated with applying and being added to some "list." If anything I think this is an attempt to shed as many high earners and potentially replace at lower salaries? Idk... I hope everyone is ok lol

Rivian laid off hundreds of workers this week. This action affected less than 2% of its total workforce. The cuts were concentrated in service and customer-facing teams. These layoffs occurred just one week after the R2 SUV began deliveries. The company stated it is restructuring to profitably scale its business.

https://electrek.co/2026/06/16/rivian-layoffs-r2-launch-profitability/

Robinhood announced layoffs affecting 10% of its full-time employees. This reduction impacts approximately 290 workers. The company aims to streamline its organization and improve performance. Robinhood expects to incur $28 million in restructuring charges. The company stated this action comes from a position of business strength.

https://qz.com/robinhood-layoffs-workforce-reduction-061626

Centene, a massive provider of government-sponsored healthcare, is navigating significant operational shifts under the Trump administration's health and budget policies. With major federal budget cuts to Medicaid and changes to the Affordable Care Act (ACA), the insurer has experienced steep membership losses and is actively undergoing corporate restructuring.Centene & The Affordable Care Act (Obamacare)Enrollment Drops: The expiration of enhanced ACA tax credits alongside Trump's budget packages has forced many consumers to confront higher premiums. Consequently, Centene—one of the nation's largest ACA marketplace insurers—lost over 2 million members, seeing its exchange enrollment drop from roughly 5.6 million to 3.6 million.Repricing and Layoffs: Because of sicker member pools and lost subsidies, Centene has been forced to reprice its health plans and offer companywide employee buyouts to cut overhead costs.

https://www.tipranks.com/news/the-fly/centene-staff-buyouts-unliklely-related-to-wakely-data-says-barclays-thefly-news

Sarah’s message was essentially: ‘when membership shifts, the organization must shift too.’

Barclays may be right about Wakely. It still doesn’t explain the scale of the restructuring. We all know layoffs have been happening every month, largely in the shadows.

Maybe the leaders can’t find their as--s with both hands. In any event, they’re almost certainly not being truthful.

Does anyone know who would be laid off from this restructuring the company is going to go through?

BCE, Bell Canada's parent, recently eliminated almost 700 positions. These job cuts span various company divisions. The firm cited restructuring and efficiency improvements as reasons. The company dismissed approximately 690 staff members. This follows earlier dismissals for attendance record falsification.

https://www.thestar.com/business/bell-canada-parent-lays-off-almost-700-employees-citing-operational-changes/article_d94189f1-af3c-459f-8c61-ca6f66ff633a.html

The Faculty of Arts and Sciences (FAS) at Harvard University is undergoing an administrative overhaul. This restructuring could eliminate up to one in four staff jobs. FAS recently opened internal searches for seven new high-level administrative positions. Staff members anticipate additional job cuts this summer. The changes aim to address federal funding cuts and a budget deficit.

Cambridge, Massachusetts

https://www.thecrimson.com/article/2026/6/16/fas-internal-recruitment-layoffs/

I'm sorry but how can a company brag on how profitable they are and do nothing for their employees but give them headaches with constant restructures and change indirection including incompetent management.
Tom Wilson touts inventors winning $5,000. What does that mean for the other employees? What a joke! This is not motivating. Been with the company over 15 years so sad to see the decline.

Credit Karma is laying off 117 employees. These job cuts are tied to its Oakland, California office. The layoffs are part of a broader restructuring by parent company Intuit. Intuit plans to cut 3,000 global jobs, focusing on AI and leaner operations. These reductions occur despite Credit Karma's recent revenue growth.

Oakland, California

https://www.thestreet.com/employment/credit-karma-lays-off-hundreds-despite-631m-revenue-jump

Expeditors, a global logistics company, announced 230 employee layoffs. These job cuts affect five locations across Washington state. The layoffs are due to a workplace restructuring. This restructuring impacts the company's U.S. Global Technology Department. Separations are expected between August 8 and December 31.

Bellevue, Washington

https://mynorthwest.com/local/bellevue-lay-off-logistics-wa/4246426

Every acquisition brings layoffs, but this will be bad. Usually it's the acquired company that gets the brunt of it, but I wouldn't be surprised at all if this is used to get rid of as many people as possible on both sides under the cover of supposed redundancy. Prepare yourselves. This will not be pretty.

Bell Canada is reportedly conducting a major layoff in June 2026. Hundreds of workers across various teams are affected by this restructuring. Multiple employees have contacted a law firm to review their severance offers. One report alleges a pregnant employee was among those let go.

https://stlawyers.ca/blog-news/bell-job-cuts-june-2026/

Looks like the DTO LT has been recently informed of the layoffs planned for later part of the year. The DTO LT themselves are in danger as there will be multiple mergers and hence job losses at LC and higher JG levels! Not complaining as I clearly see roles force fitted that need to go. But, it's the 3rd major restructuring in last 2 years that could have been actually done in one go during TOM.
Not sure when will this stop!

Any more insights from anyone about what's going to happen at mid and lower JG levels?

“$DELL NEW SEC FILING SHOWS MORE LAYOFFS ARE COMING

In March we reported Dell quietly cut 11,000 jobs. The new 10-Q covers the 13 weeks after that. It sped up.

$227M spent on severance in 13 weeks, up 75% from a year ago. $242M is already set aside for severance not yet paid.”

The discussion stems from Dell’s latest Form 10-Q, filed June 9, which provides an update on the company’s financial performance and operational outlook. The filing shows Dell recorded $227 million in severance-related expenses during a recent 13-week period. The amount represents a sharp increase from the same period a year earlier.

The company also disclosed that an additional $242 million has been reserved for future severance payments, a figure that has fueled speculation that more workforce reductions could be ahead.

The filing follows reports that Dell eliminated roughly 11,000 positions earlier in the fiscal year as the technology giant continued efforts to streamline operations and reallocate resources toward faster-growing segments of its business.

Alongside the quarterly report, several insider-related filings were submitted to the U.S. Securities and Exchange Commission. Forms 4 and 144, filed on June 8, disclosed changes in beneficial ownership and planned sales of restricted stock by company executives. Another Form 4 filed on June 9 by Silver Lake Group detailed a transaction involving Dell’s Class C common stock.

The workforce-related disclosures come as Dell experiences rapid growth in its artificial intelligence and infrastructure businesses. The company reported that revenue from its data center operations surged 181% year over year to $29 billion. Much of that growth was driven by demand for AI-focused servers, where revenue increased 757%, underscoring the industry’s ongoing investment in AI computing infrastructure.

READ: Dell shrinks workforce by 10% in fiscal 2026, annual reports show (March 17, 2026)

While the filing does not explicitly announce additional layoffs, the size of Dell’s severance spending and the substantial reserve set aside for future payments have prompted renewed scrutiny from investors and market observers. The company has not publicly detailed any new workforce reduction plans beyond the restructuring activities already disclosed.

As Dell continues to expand its AI and data center operations, the latest SEC filings showcase the balancing act many technology companies face as they invest aggressively in high-growth sectors while reshaping their workforce to support those priorities.

https://americanbazaaronline.com/2026/06/10/dell-sec-filing-signals-more-workforce-cuts-as-severance-costs-climb-482584/

Their intentions are clear, they want to replace as many people as possible with AI.

ServiceNow recently laid off hundreds of employees. This organizational restructuring aligns talent with its AI focus. A source confirmed a three-figure number of roles were eliminated. Affected functions included sales and product marketing. The company continues to invest in AI capabilities and new talent.

https://www.hrkatha.com/news/servicenow-cuts-hundreds-of-jobs-as-company-cites-ai-efficiencies/

Genentech initiated another round of layoffs affecting its workforce. Three Vice Presidents were among the casualties in this latest reduction. This action is part of a restructuring within the Genentech Research and Early Development (gRED) group. The company is shutting down its physiological chemistry and infectious disease units. Genentech stated these adjustments ensure investments align with core therapeutic areas and portfolio priorities.

South San Francisco, California

https://www.fiercebiotech.com/biotech/genentech-executes-another-round-layoffs-3-vps-axed

Centralized all sorts of operations and more layoffs across Interior Division

Intuit announced significant layoffs affecting 3,000 employees. This represents 17% of the company's global workforce. The company attributes these cuts to an AI pivot and restructuring efforts. Offices in Reno, Nevada, and Woodland Hills, California, will close. Intuit also signed multi-year AI agreements with Anthropic and OpenAI.

Mountain View, California

https://unitewithpriti.co.uk/news/intuit-layoffs-2026-why-3000-employees-are-paying-the-price-for-an-ai-pivot/

Ideal US Talent Systems Worker OpCo LLC is laying off 1,395 Illinois workers. The Minnesota-based company operates a gig worker platform. Layoffs are permanent and began on May 4, continuing through July 2. This action is due to a business restructuring of its temporary worker operations. Ideal is transitioning customer contracts to a third-party partner.

https://www.shawlocal.com/news/2026/06/10/minnesota-based-gig-worker-platform-laying-off-nearly-1400-illinois-workers/

An arbitrator ruled against Western Illinois University administration. The university violated a collective bargaining agreement by laying off eleven professionals. Nine faculty librarians and two other bargaining unit members were affected. The ruling orders the university to rescind these layoffs and provide back pay. These layoffs were part of efforts to address a $20 million budget deficit.

Macomb, Illinois

https://www.wgem.com/2026/06/11/arbitrator-rules-favor-laid-off-wiu-faculty-librarians/

UVM Health recently eliminated 142 positions. This action is part of an ongoing restructuring effort. The network aims to close a $300 million financial gap. It is currently losing approximately $460,000 daily. Most job reductions are in non-patient care areas.

Burlington, Vermont

https://www.burlingtonfreepress.com/story/news/local/vermont/2026/06/11/uvm-health-layoffs-healthcare-quality-nurses-unions-vt/90498664007/

Assets sold to https://www.blondertongue.com/about-us/

The multi-wave timeline clarifies the structural pattern Oracle follows:
August 31, 2025 Layoff: Accounted for as a $402 million localized surge in Q1 FY26 (reported September 2025).
March 31, 2026 Layoff: Accounted for as an $823 million localized surge in Q4 FY26 (reported yesterday, June 10, 2026).
The Result: The accumulation of these massive structural waves is what compiled the overall $2.1 billion restructuring footprint, leaving the remaining ~$980 million reserve sitting clean on the books to fund the upcoming FY2027 phases.

Layoffs that were expected in June now appear to be slipping into July. My guess is the company is adding more people to the RIF list, which is not exactly surprising given Global Payments track record of recurring workforce reductions and the pressure to deliver the $600 million synergy target tied to the Worldpay deal.

Meanwhile, GPN stock is trading at its lowest level since the TSYS acquisition in 2019 and is down roughly 30% since Cameron Bready became CEO in 2023. Oh and the guy that Cameron put in charge to run the SMB business ($6 BILLION!) who has never run a business in his career? Yes, layoffs are definitely coming.

Remember when Cameron got on stage when he became CEO three years ago and told everyone his goal was to build a "best-in-class" culture? Three years later, many teams are doing the work of two and three people, while bracing for yet another round of cuts and the lack of leadership at the C-suite level is truly shocking.

When is the board going to realize that Cameron isn't fit to run the company? Until then, employees should expect even more uncertainty, more restructuring, and more layoffs. So GPN employees listen up, things are only going to get worse so if you get offered a package next month, be grateful, and RUN as fast as you can.

In the meantime, #BringSloanBack!

Genentech underwent another round of layoffs this week. These cuts affected its early research and development group. The company closed its infectious disease research unit. Another research unit was also shuttered during this restructuring. Top scientist Vishva Dixit was among the employees laid off.

https://endpoints.news/exclusive-genentech-closes-infectious-disease-unit-in-wave-of-research-layoffs/