#workforcereduction

Not the usual "every other Tuesday" thing, but anything more substantial all of us should worry about?

The Rhode Island labor market has effectively stalled. This data comes from the DLT. A dual phenomenon persists in the state. Job growth has stalled. The workforce is diminishing.

https://www.bizjournals.com/rhodeisland/news/2026/05/21/ri-labor-market-stalled.html

Seems like there are big layoffs for tech, rx, all of the non-Optum health areas. Does anyone know if health or care will be impacted this week?

So looking at the current employee counts based on Annual Form 10-K filings it looks like T is about to shed $13K+ employees this rounds, and it will still be 40K employees more than VZ , Is the goal to be in line with the other Telcos or will they always have more?

CrowdStrike CEO is gutting measurers and layers because AI/bots do their “work” better. At our 8k employees: only 2k real workers + 2k indentured foreign servants from the third world. The rest are measurers su-king value.
Measurers’ only success: transferring wealth to the rich 1% by exploiting workers, hiding behind woke DEI religion. They’ll be replaced by agents, bots, and actual producers.
This bloat will be cut by top measures. Workers and bots generate revenue — measurers and visa servants just inflate costs and slow shiit down.

Measures are seeing the pre-layoff “career development” talks to quietly cut competition in working class and bring indentured servants from foreign countries

Intuit announced a 17% reduction in its full-time workforce. This cut affects approximately 3,100 positions. The restructuring is expected to incur $300 million to $340 million in charges. Intuit also reported strong fiscal third-quarter earnings and raised its full-year guidance.

https://qz.com/intuit-layoffs-workforce-reduction-ai-restructuring-052026

AbbVie announced 85 permanent layoffs at its Irvine, California, location. These layoffs will become effective on July 20. The affected positions are within the company's eye care business. This follows previous workforce reductions at the site in prior years. AbbVie acquired Allergan, including its eye care franchise, in 2019.

Irvine, California

https://www.fiercepharma.com/pharma/abbvie-plots-85-summer-layoffs-tied-allergan-aesthetics-workforce-california

WiseTech Global is cutting approximately 2,000 jobs. The company is reducing its global workforce by nearly 30%. The logistics software company attributes these reductions to AI capabilities. CEO Zubin Appoo stated manual coding is no longer the core engineering act. The stock market reacted positively, with shares jumping 11.1%.

https://cryptobriefing.com/wisetech-layoffs-ai-workforce-reduction/

Acrisure is implementing significant layoffs across its operations. The company will reduce its workforce by 11%. This impacts approximately 2,250 employees. Technology advancements, AI, and digital platforms are cited as reasons. The layoffs will begin this week and continue through 2027.

https://coverager.com/acrisure-announces-layoffs/

Spokane Public Schools anticipates significant staff reductions. Superintendent Adam Swinyard discussed potential layoffs with the board. The district may eliminate 150 to 500 jobs. Declining student numbers and state funding volatility are factors. Budget shortfalls persist even with a successful levy renewal.

Spokane, Washington

https://starlocalmedia.com/spokane-public-schools-faces-major-layoffs-regardless-of-tax-renewal/article_04d3de80-5e50-5af7-9866-1ba608937bf7.html

The company announced a 17% reduction in its global full-time workforce. This cut affects just under 3,100 employees worldwide.The changes aim to co-locate teams and reduce organizational complexity.

https://www.rgj.com/story/news/money/business/2026/05/21/intuit-shutting-down-reno-office-amid-global-layoffs/90198994007/

California aims to lead in artificial intelligence regulation. Experts warn AI will both displace and create jobs. Governor Gavin Newsom signed an executive order on Thursday. This order prepares the state for an AI-driven economy. It includes tracking job impacts, worker protections, and training programs.

https://abc7news.com/post/california-eyes-ai-regulation-gov-newsom-orders-new-workforce-protections-amid-job-shifts-mass-layoffs/19147015/

Sony Group Corp.'s Bungie unit plans significant layoffs. The company is ending development on its online sho-ter game Destiny 2. This game's development will conclude next month. No new project is currently lined up for the affected development team. Bungie does not plan immediate production on a Destiny 3.

https://www.bloomberg.com/news/articles/2026-05-21/bungie-plans-layoffs-after-ending-destiny-2-development

The question again is to what total number of employees are they shooting for? If it's 6000 or lower, there is plenty more to go.

Acrisure is laying off 2,250 employees. The layoffs reduce the company's workforce by 11%. CEO Greg Williams announced the cuts in a letter to employees. The decision is driven by advancements in artificial intelligence. Layoffs began Wednesday and will continue into next year.

https://www.fox17online.com/news/local-news/grand-rapids/acrisure-to-cut-2-250-jobs-amid-rise-in-artificial-intelligence

Isn’t it unwise to be hiring summer interns while laying off experienced employees left and right? If we need to cut costs, shouldn’t we start with interns, who are a net drain on resources?

The purpose of an internship program is to build a pipeline to hire entry level workers. Are we really going to hire entry level workers? Isn’t AI going to do all the entry-level work? Even if we are going to hire entry level workers, is it necessary to recruit them prior to graduation? There are thousands of them desperate for jobs.

I feel sorry for students right now, but does it make sense to spend time and money on an internship program?

Workers anticipate increased job stress. This stress is projected for the year 2026. Fears of potential layoffs contribute to this anxiety. The rise of artificial intelligence also plays a role. These concerns are impacting the workforce.

https://www.usatoday.com/videos/money/economy/2026/05/21/job-stress-surges-in-2026-as-workers-fear-layoffs-and-ai/90194523007/

The Greene County Director of Schools made a statement. The statement concerned recent layoffs. The Director described these layoffs. They were characterized as not abnormal.

https://www.wjhl.com/video/greene-county-director-of-schools-says-layoffs-aren%E2%80%99t-%E2%80%98abnormal%E2%80%99/11812059/

Intuit exceeded financial estimates for its third quarter. The company announced a significant reduction in its employee count. The CEO said artificial intelligence did not cause the layoffs. The reason was to create a more agile and efficient organization. The company increased its financial outlook for fiscal 2026.

https://www.barrons.com/articles/intuit-earnings-stock-price-layoffs-a96cfca9

Two New Jersey employers filed notices for significant workforce reductions. Acme Markets plans to cut 115 positions at its Edgewater location. The supermarket announced it is closing on August 15. Barclays PLC will reduce 64 employees at its Whippany facility. These job reductions are effective starting in August and September.

Edgewater, New Jersey

https://www.nj.com/business/2026/05/179-more-nj-jobs-cut-as-supermarket-and-bank-file-layoff-notices.html

https://www.businessinsider.com/list-companies-replacing-human-employees-with-ai-layoffs-workforce-reductions

In other words, we need to get rid of some people, let's find out who does what and how to do that.

Any idea when the next round is? This is a layoff blog,

https://x.com/TheLayoff/status/2056862351513866483

https://ticotimes.net/2026/05/17/amazon-carries-out-new-round-of-layoffs-in-costa-rica

I lost count of how many layoffs have happened in the past 8 years. Today's is the worst. Our already skeleton crew was cut in half. All of us are already over worked. This place is going to be a disgruntled sweatshop in day or 2. And they layed of the folks with a future. 3 of us are close to retirement and informed our managers that a layoff would be welcome for us. Nope, they skipped us and went for younger generation. Who is going to carry this company forward? NetApp... where stupid thrives.

Silent layoffs of big amount of senior engineers

24 fired, 84 stays

If you are affected please post your org and years of service

Crypto exchange Kraken recently laid off approximately 150 employees. The company cited increased efficiencies from deploying artificial intelligence. These staff reductions could delay its planned US initial public offering. Kraken now reportedly aims for a public debut in 2027. Other crypto firms also cut jobs this year, often citing AI use.

https://www.tradingview.com/news/cointelegraph:b71f2d6f4094b:0-kraken-cuts-150-staff-amid-ai-efficiencies-potentially-delaying-ipo-report/

Over 5,100 workers faced layoffs across the U.S. supply chain sector. These job cuts affected logistics, manufacturing, and transportation companies. Major employers like FreshRealm, GEODIS, Ryder, and DSV announced significant reductions. Reasons included restructuring, contract losses, and softening industrial demand. Layoffs spanned at least 20 states, impacting various facility types.

https://finance.yahoo.com/economy/articles/more-5-100-freight-related-110000455.html

General Motors recently reduced its IT workforce. The company cut approximately 600 salaried positions. This move is part of a deliberate skills exchange. GM is now hiring for AI-focused IT roles. The automaker seeks professionals to build AI systems from the ground up.

https://www.indexbox.io/blog/gm-and-automakers-reshape-workforces-with-ai-focused-hiring-and-layoffs/

Forty-three union members faced layoffs last Friday. These workers are from LIUNA Local 846. They were employed on the Chickamauga Lock replacement project. The members were instructed not to return to work. They await further instructions regarding their employment.

Chickamauga, Tennessee

https://www.timesfreepress.com/news/2026/may/15/community-voice-contractor-layoffs-misplace-blame/

Visual Concepts, known for WWE 2K and NBA 2K, has conducted numerous layoffs. Several former employees announced their job losses on LinkedIn. A software engineer, Brittany Thibodeaux, confirmed many staffers were let go. Game designer Nina Marotta was laid off while on sick leave. The article does not specify the total number of affected employees or a reason for the layoffs.

https://www.psu.com/news/visual-concepts-has-reportedly-been-hit-by-layoffs/

51 switch positions in the NorthEast are being forced into the union. Supposedly those people will have to bid for their current positions. This eliminates the need for current VZB techs to have to go to the switch locations for work.
Rumors have it that current VZB techs can bid on those positions as well, thus having those VZW techs to end up RIFd

~89,900 total headcount. Seems like DAN need only one person to do all the operation ( Dan - 89,900 ) = DAN so Dan single handlely will work for Verizon and will make customer focused company by being bold. 🌅🌄

There’s been a lot of speculation lately around the company’s direction — reduced benefits, PTO changes, restructuring, workforce reductions, and broader efforts to improve financial performance have naturally fueled conversations about potential strategic moves. Acquisition rumors around NetApp aren’t new and seem to resurface every few years, but the current environment has people paying closer attention than usual.

From my perspective, the bigger concern is long-term growth and leadership’s ability to scale the business meaningfully beyond its current trajectory. With another round of layoffs expected next week followed closely by earnings, it’s understandable why employees and investors are reading into the timing and looking for signals about what may come next.