Morgan Stanley has merged its Field Risk and Service units within its wealth management division. This consolidation aims to streamline operations and improve collaboration among staff supporting financial advisors. While the total number of affected... — read more 

Americans filing for unemployment benefits saw a modest increase last week, though overall layoff numbers remain historically low. The Labor Department reported a rise of 9,000 new claims, bringing the total to 197,000 for the week ending July 25... — read more 

Centene projects substantial severance costs for the current year, potentially reaching $415 million. This figure includes anticipated spending in the latter half of the year for enterprise optimization efforts. The company has already incurred $50... — read more 

Many biopharmaceutical companies are mishandling workforce reductions in 2026, leading to negative employee experiences. Stories shared with BioSpace reveal instances of impersonal Zoom calls, awkward airport meetings, and layoffs during maternity... — read more 

Visa achieved a historic milestone by surpassing $4 trillion in quarterly payments volume, demonstrating robust growth in both consumer and commercial transactions. This strong performance was further bolstered by a significant 34% year-over-year... — read more 

July saw significant turmoil in the cryptocurrency industry, with six platforms ceasing operations and seven others implementing substantial workforce reductions. This period highlights a challenging market environment, impacting both established... — read more 

Federal data indicates a rise in planned layoffs for July, primarily affecting the technology and manufacturing sectors. These workforce reductions are attributed to increased uncertainty, the integration of AI, and a desire for greater efficiency... — read more 

Salesforce has recently eliminated approximately 1,000 positions across various departments. This significant workforce reduction is reportedly driven by the company's strategic pivot towards artificial intelligence. The affected roles span... — read more 

Leidos has issued layoff notices to 305 employees, primarily affecting indirect positions. These reductions are part of organizational changes aimed at improving efficiency and future growth. Some affected employees are expected to be reassigned to... — read more 

Visa has announced a reduction in its workforce, impacting an unspecified number of employees. This move comes as the company navigates evolving market conditions. The financial technology giant is implementing these changes to streamline operations... — read more 

A significant number of leaders now regret decisions to lay off employees due to AI implementation. Data indicates that 55% of employers who reduced staff for AI reasons now express regret. This is largely due to the realization that institutional... — read more 

New data indicates a significant acceleration in video game industry layoffs, with job losses now predicted to reach nearly 14,300 by the end of 2026. This figure represents a substantial increase from earlier forecasts made by the ASGC Games... — read more 

Major chemical companies worldwide are shutting down aging and inefficient production facilities, leading to significant job losses. This wave of closures, primarily concentrated in Europe but also impacting the US, South Korea, and Japan, involves... — read more 

Large US corporations are signaling a return to hiring after a period of reduced staffing. Executives now recognize the limitations of artificial intelligence, necessitating continued human resource investment. This shift is evidenced by a... — read more 

https://www.fiercebiotech.com/biotech/australian-biopharma-clinuvel-shed-20-workforce-move-us

Recent layoffs at ESPN have highlighted significant issues in how the company communicates with its employees. Several prominent figures reportedly learned of their terminations through indirect channels, such as social media or news reports, rather... — read more 

Big Tech companies are increasingly considering voluntary buyouts as a more humane approach to workforce reductions. Google employees are advocating for these offers to be a standard first step before layoffs. Microsoft has already implemented a... — read more 

Pat McAfee responded to criticism linking his reported high salary to recent ESPN layoffs. He expressed sympathy for colleagues who lost their jobs, stating he hates seeing such events occur. McAfee acknowledged the difficult decisions corporations... — read more 

Companies are increasingly rehiring employees after AI-driven layoffs, a trend dubbed the "AI boomerang." This phenomenon highlights a potential shortcut in cost-cutting measures that overlooks the value of experienced staff. Experts advise a more... — read more 

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

Rising fuel costs and global uncertainty are impacting major airlines. Southwest Airlines is considering further workforce reductions. Meanwhile, American Airlines reported an 88% decrease in quarterly profit. Despite record revenue, the airline... — read more 

The enterprise software company Monday.com is reducing its global workforce by approximately 20%. This significant layoff is attributed to a strategic shift towards an "AI-driven growth strategy" and a new AI Work Platform. The company aims to create... — read more 

The technology sector is experiencing significant layoffs as companies adapt to advancements in artificial intelligence. Oracle, in particular, has made substantial workforce reductions, cutting 21,000 jobs over the past year. Many companies cite AI... — read more 

U.S. unemployment aid applications fell to 187,000 last week, the lowest since 1969. This indicates historically low layoff numbers despite global economic uncertainty. Analysts expected higher filings, but the Labor Department reported a significant... — read more 

A recent analysis reveals that major tech companies like Oracle, Amazon, Cloudflare, and Block have cited artificial intelligence in their layoff announcements. However, the underlying reasons for these workforce reductions differ significantly among... — read more 

America's existing layoff safety nets, including unemployment insurance and outplacement services, are ill-equipped for AI-driven job displacement. These systems were designed for a different economic era with cyclical, blue-collar layoffs and... — read more 

Staples and Amazon are closing multiple facilities across the United States, leading to hundreds of job losses. These closures are driven by shifts towards online shopping, digital tools, and operational efficiency. Staples will close two stores in... — read more 

JJ Watt questioned Pat McAfee's reported $100 million salary during an appearance on McAfee's show. Watt asked if the large payout meant others were being fired to fund it. This occurred as ESPN announced significant layoffs, impacting several... — read more 

Staffing firm Adecco believes artificial intelligence is transforming job tasks rather than causing widespread job losses. While some employers cite AI for recent US layoffs, Adecco's report indicates overall employment remains strong in OECD... — read more 

Biopharmaceutical companies have seen fewer layoffs in the first half of 2026 compared to the previous year. However, the total number of job cuts for the full year may still match 2025 levels. This outcome hinges on a significant increase in layoffs... — read more 

Walmart recently announced layoffs impacting approximately 1,000 corporate employees as part of a global operational streamlining. These workforce changes are occurring as the retail giant continues to aggressively integrate artificial intelligence... — read more 

https://www.marca.com/en/lifestyle/tv-shows/2026/07/22/espn-layoffs-all-the-employees-laid-off-and-the-reasons-behind-the-cuts.html

Recent layoffs at the U.S. Department of Agriculture are creating significant difficulties for meat processors. A representative from the Flower Hill Institute noted that remaining USDA staff are shouldering increased workloads. These workforce... — read more 

A significant number of companies, particularly those backed by asset management firms, have initiated substantial layoffs across the nation. These job cuts, affecting nearly 13,000 workers from January to May 15, 2026, are often a consequence of... — read more 

Monday.com is implementing significant workforce reductions, impacting approximately 20% of its global employees. This decision stems from a strategic shift to adapt to the evolving AI landscape. The company is moving from a work management platform... — read more 

ESPN and NFL Network are implementing significant layoffs impacting several on-air personalities. These cuts are part of broader reductions at ESPN's parent company, Disney. The moves follow Disney's recent acquisition of NFL Network. Specific talent... — read more 

Thousands of Google employees have signed a petition demanding improved layoff protections. The Alphabet Workers Union is advocating for severance packages at least matching previous terms and the offer of voluntary buyouts before involuntary... — read more 

The U.S. job market is experiencing a paradox of low layoffs alongside a significant hiring slowdown. Artificial intelligence is increasingly impacting entry-level positions, demanding higher skill levels from candidates. This trend is widening the... — read more 

US unemployment claims saw a significant decrease last week, falling to 208,000. This drop was more substantial than economists had predicted. The four-week average of claims also decreased, indicating continued labor market resilience. Continuing... — read more 

Wells Fargo has eliminated 79,000 jobs over the past six years as part of an ongoing efficiency program. The bank's headcount has decreased for 24 consecutive quarters, with a further reduction of 3,500 employees in the last quarter. Executives... — read more