#workforcereduction

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Team Liquid Cuts Staff in Second Wave

Team Liquid recently experienced a new round of layoffs. This follows a previous workforce reduction seven months prior. At least five employees were impacted, according to social media posts. Affected roles included a creative coordinator and a marketing operations manager. The esports organization continues restructuring amid industry challenges.

https://www.sheepesports.com/us/lol/articles/team-liquid-hit-by-new-layoffs-seven-months-after-previous-wave/en


Silent and Slow

Started layoffs on 3/17 in US and slowly going through each org and countries. Trying to keep it silent as much as possible by only targeting one or two org per week. But yea the ultimate target to achieve will be around 30k as roumered by end of qtr. Be prepared, no exceptions this time !!


Algoma Steel Delays Layoffs for Some Workers

Algoma Steel will proceed with most planned layoffs. Approximately 1,000 employees were initially slated for reduction. Some workers will receive extensions for training or other reasons. Workforce reductions are occurring in phases. The company is committed to providing transition assistance.

Sault Ste. Marie, Ontario

https://www.northernontariobusiness.com/industry-news/manufacturing/some-of-algoma-steels-1000-planned-layoffs-will-be-postponed-12033093


Starz Cuts Staff by 7 Percent Post-Lionsgate Split

Starz recently reduced its employee count. Seven percent of its staff was affected. This action occurred 10 months after its Lionsgate separation. Starz prioritizes financial profitability and cash generation. Starz also cut 10% of its workforce in 2023.

https://deadline.com/2026/03/starz-layoffs-post-separation-lionsgate-1236761926/


Verizon Employee Breakdown (Extent of May layoffs)

Union - 27% (24,270 = CWA + IBEW)
India + EMEA - 11% (9,890)
Non-union - 62% (55,290 incl engineers, customer reps, sales and juicy Management fat @ BR)
Verizon Total - 89,900

Union - ~69% (8,700 = CWA + IBEW)
Non-union - ~30% (3,780)
Frontier Total - 12,600

Assuming the unions cannot be touched, is it reasonable to expect future cuts to be amongst the (55,290 + 3,780 = 59,070)?

**Based on all the chatter, assuming a 15% hair cut that equates to ~8,860


How do the decide who's laid off?

So how do they decide who is laid off vs who stays? I was laid off a couple of years ago (and then came back to a different role, lower pay grade) and there were 2 of us laid off from our team of 5 - I was 48, she was in her 50's; I'd been with the company 17 years, she'd been there 9 years (1 team member that stayed was older than her, the other 2 were in their 40's but younger than me but all had been there at least 7, with 2 of them 20).

With yesterday's layoffs, there were 25 HDP pharmacists let go. I've only gotten 5 names, but of those 5 all of them are in their 50's and closer to retirement than not. 1 of them has been with the company 10 years, the others all at over 18 years.

So are they trying to get rid of older people and/or those with tenure?? And if so, isn't that ageism?


FACTS not Fiction

For anyone that thinks you aren’t replaceable, ponder this:

How many employees does UHC/Optum ‘really’ need to run business for jobs that can’t be automated or OGS to complete? C&S (Community & State) and a few E&I (only if US employees are required per their contract).

Whatever your answer is, cut that in # in 1/2. Once cuts are complete in Q1 2027, remaining US FTEs will be doing the work of 2-3 employees. Think not? It’s already happening.

A few questions:
How many layoffs have occurred in 2 years? How many teams disappeared?
What happened to their work?
Which depts absorbed it or was it considered irrelevant?
How many GL30+ have left in 2 years?


Algoma Steel Begins Phased Workforce Reductions for 1,000

Algoma Steel is proceeding with significant workforce reductions. Approximately 1,000 of its 2,366 employees will be affected. The layoffs are being implemented in a phased approach. Some employees received extensions beyond their initial layoff date. This action supports the company's transition away from integrated operations.

Sault Ste. Marie, Ontario

https://www.indexbox.io/blog/algoma-steel-layoffs-proceed-in-phased-approach-with-some-extensions/


Del Monte Leads Stanislaus County Job Reductions

Stanislaus County faces significant job losses from recent company closures. Del Monte Foods is closing its Modesto fruit cannery, impacting approximately 1,800 workers. Advanced Linen Service in Patterson laid off 89 employees following its sale. First Brands Group also closed its Patterson distribution center, eliminating 98 positions. Workforce development agencies are helping displaced individuals find new employment.

https://www.yahoo.com/news/articles/stanislaus-county-hit-recent-layoffs-000000607.html


More than 2,000 working Tennesseans affected by closures and layoffs so far in 2026

More than 2,000 Tennesseans have been affected by layoffs or closures in 2026. The Department of Labor & Workforce Development lists 2,243 affected workers. These notices span from January 13 to March 5. First Brands Group, LLC recently affected 333 workers. This closure is in Lincoln County and is set for April 30, 2026.

https://www.wsmv.com/2026/03/18/warn-notices-more-than-2000-working-tennesseans-affected-by-closures-layoffs-so-far-2026/


Puyallup Schools Finalize Budget, Increase Position Reductions

The Puyallup School District updated its $15 million budget reduction plan. This plan is for the 2026-2027 school year. The district saved the high school pool, gymnastics, and some elementary library services. To compensate, the district will eliminate approximately 80 to 95 positions. These cuts affect central office and school-based staff.

Puyallup, Washington

https://www.thenewstribune.com/news/local/community/puyallup-herald/ph-news/article315092073.html


The New School Announces 15% Workforce Layoffs Amid Deficits

The New School plans to reduce its workforce by 15%. This reduction will occur through layoffs and eliminating vacant positions. The university faces a $30 million structural deficit. Declining enrollment and increased operating expenses contribute to this deficit. This follows a previous 7% workforce reduction via voluntary buyouts.

New York City, N.Y.

https://www.highereddive.com/news/the-new-school-layoffs-15-percent-workforce-reduction/814974/


Crystal Dynamics Cuts 20 Jobs in Fourth Reduction

Crystal Dynamics recently laid off 20 employees from its workforce. This reduction included both developers and operations team members. The studio explained it analyzes its structure as games advance development stages. This marks the fourth round of layoffs for the company since March 2025. The studio confirmed these cuts will not impact Tomb Raider: Legacy of Atlantis or Tomb Raider: Catalyst.

https://wnhub.io/news/hr/item-50363


Gossamer Bio Cuts Staff After Dr-g Study Disappoints

Gossamer Bio announced poor results from a key study. The San Diego company's stock value dropped by 78%. Gossamer Bio is now laying off 77 workers. This cut reduces its workforce by 48%. The company aims to conserve cash and plans to meet with the FDA.

San Diego, California

https://www.sfgate.com/tech/article/gossamer-bio-layoffs-22084095.php


What is next

What does your crystal ball see? Mine

  • 2027 RIF
  • 2028 Richmond goes to a terminal
  • 2029 It's time to talk about increasing shareholder value - Split Upstream from Downstream etal. Separate companies; oh wait that's being discussed in 2026. Hi BR and others.
  • 2030 Why do we need people? AI can take over 50% of remaining jobs. Just needs a few oversight chums.

It just feels accountant driven to just maintain/survive - entrepreneurial spirit no longer exists. Growth is gone.

What do you all think?


Vistagen Therapeutics Cuts Workforce by 20%

Vistagen Therapeutics announced a roughly 20% workforce reduction on March 5, 2026, to cut costs and prioritize resources for its social anxiety nasal spray, fasedienol. This restructuring aims to extend the company’s cash runway while advancing its ongoing pipeline, specifically the PALISADE-4 Phase 3 trial.

https://uk.investing.com/news/sec-filings/vistagen-therapeutics-reduces-workforce-by-20-percent-to-manage-costs-93CH-4552464


Bicycle Cuts 30% Workforce After Regulatory Setback

Less than a year after cutting 25% of its workforce, Bicycle Therapeutics is once again making layoffs. This time, the biotech is set to reduce its workforce by 30%. Because Bicycle had 288 employees at the start of 2026, this means about 86 workers are set to lose their jobs in this round of layoffs.

https://www.nbcboston.com/boston-business-journal/massachusetts-biotech-cuts-30-of-workforce-winds-down-lead-dr-g/3917165/


Edgewell to Shutter Milford Schick Facility, Affecting 293 Workers

Edgewell Personal Care announced the closure of its Schick razor manufacturing facility. This plant is located in Milford, Connecticut. The closure will result in 293 permanent layoffs. Employee terminations are expected to begin in March 2026. The facility is slated to close permanently by the end of 2027.


Newell Brands Plans Yankee Candle Store Closures, Workforce Reduction

Newell Brands announced significant changes for Yankee Candle. The company plans to close 20 stores. These closures affect locations in the United States and Canada. Approximately 900 Yankee Candle employees will be laid off. This action is part of a broader productivity plan.

https://www.ctinsider.com/business/article/yankee-candle-stores-layoffs-ct-21221134.php


3/19/26 layoffs News Flash

Grade 30 reporting this:
3/19/26 is 1 of 4 layoffs coming. Was informed UBH, ECS, OI, PI, CCR, Optum Serve, MCO, E&I, and numerous customer service roles will be impacted. This is 1 of 4 more remaining layoffs occurring in 2026.

For those remaining, PIPs will be the new norm to avoid paying severence packages. Easiest way to reduce $. Workforce will be even more slim & existing work will continue to increase w fewer resources. AI is expected to reduce the time to do the work. OGS will pick up the new jobs (+ they get a $10-20k bonus for OGS referrals).

Buckle up - even tougher times are ahead.


Messari CEO Resigns, Company Shifts to AI After Layoffs

Messari CEO Eric Turner has stepped down from his position. CTO Diran Li is now taking over as the new CEO. The company also implemented a reduction in its workforce. This move supports Messari's new focus on artificial intelligence. Turner will stay on to advise the company.

https://www.theblock.co/post/393840/messari-ceo-steps-down-layoffs


Dell continues to quietly shrink its workforce

Dell Technologies has reduced its workforce for the third consecutive year, reflecting a broader shift in the tech industry toward AI and efficiency over headcount growth.

I don’t mind working for a company knowing my number could be drawn at any moment. The pressure doesn’t bother me, at least I have a job.

Dell isn’t “failing” it’s evolving.
But the tradeoff is clear - fewer employees, more automation, and a big bet on AI driving the future.

Natural progression for all companies.


Companies Reduce Staff as AI Adoption Grows

Many companies are openly discussing AI's role in workforce reductions. MIT research indicates AI can already replace a significant portion of the US labor market. Several firms, including IBM and Wisetech, have directly cited AI for job cuts. IBM's CEO stated hundreds of human resources employees were replaced by AI. Wisetech announced 2,000 job cuts, attributing them to AI-led efficiency gains.

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


Crunchyroll Restructures Divisions for Global Growth

Anime streaming service Crunchyroll is undergoing workforce restructuring in 2026. These changes reportedly affect HR, Product, and E-commerce divisions. Employees have begun announcing their departures on LinkedIn. The company links these job cuts to its global expansion plans. Crunchyroll aims to grow its customer base in regions like India and Latin America.

https://www.thehrdigest.com/crunchyroll-layoffs-underway-in-2026-as-global-expansion-plans-lead-the-way/


Do Visa workers ever get laid off?

I've been through a few layoff cycles and I don't remember ever once an employee on a H1B visa or any other work visa getting let go. H1B visa holders are considered temporary workers. Why are full time employees let go before temporary employees? Soon all of Nike will be visa workers. The American dream is for everyone except Americans.


Meta laying off 20% of workforce

Working in tech is such a reliable way to plan to raise a family, with long-term employment stability.

https://www.reuters.com/business/world-at-work/meta-planning-sweeping-layoffs-ai-costs-mount-2026-03-14/

NEW YORK/SAN FRANCISCO, March 13 (Reuters) - Meta (META.O), opens new tab is planning sweeping layoffs that could affect 20% or more of the company, three sources familiar with the matter told Reuters, as ‌Meta seeks to offset costly artificial intelligence infrastructure bets and prepare for greater efficiency brought about by AI-assisted workers.