Commonwealth has recently implemented layoffs affecting its home office staff. These workforce reductions are occurring in anticipation of the company's conversion to LPL. Affected employees are expected to remain in their positions through the end... — read more 

Verizon is selling 274 retail locations as part of a restructuring effort. This move will also result in the layoff of approximately 500 corporate employees. These actions are expected to impact around 3,000 retail and corporate staff in total... — read more 

A coalition of twelve states, led by California Attorney General Rob Bonta, has filed a lawsuit to block the proposed $110 billion merger between Paramount and Warner Bros. Discovery. The states argue that the consolidation would reduce competition... — read more 

Lenovo has confirmed layoffs within its US-based XR business unit. The company is transitioning its strategy from business-focused XR to a more consumer-oriented approach centered on AI-enabled wearables. This shift will integrate XR efforts into... — read more 

The Federal Bureau of Prisons is closing six facilities nationwide. This decision stems from significant staffing shortages and deteriorating infrastructure. Approximately 500 employees will be impacted by these closures. Some workers will face... — read more 

Several companies in the logistics and trucking industries are experiencing significant financial difficulties. Fusion Transport LLC is laying off 79 workers at its New Jersey facility. Multiple other transportation and logistics firms have recently... — read more 

Experts are providing guidance on how individuals can proactively prepare for potential job losses. These strategies aim to mitigate the impact of unexpected employment changes. The advice focuses on financial planning and skill development. It... — read more 

Procter & Gamble is planning to eliminate up to 7,000 non-manufacturing positions by fiscal year 2027. This significant workforce reduction is intended to help the company manage increasing tariff costs and streamline its operations. The cuts will... — read more 

Over 2,600 companies have initiated layoff events impacting more than 230,000 employees in 2026. This trend, while significant, shows a 40% decrease compared to the same period in the previous year. Artificial intelligence is frequently cited as the... — read more 

A federal judge has issued an injunction preventing the Consumer Financial Protection Bureau from proceeding with layoffs. These layoffs specifically targeted employees working remotely or in telework arrangements. The injunction was granted... — read more 

Many technology firms are implementing frequent workforce reductions, often termed "continuous tuning," as they navigate evolving business priorities and invest heavily in artificial intelligence. This trend, observed across major companies like... — read more 

A new survey reveals that a significant majority of U.S. workers support the creation of an AI wealth fund. This sentiment arises as tech layoffs continue to increase, causing widespread job security concerns. The proposed fund would mandate AI firms... — read more 

Lumen Technologies has confirmed significant layoffs impacting its Global Partner Solutions team. Approximately 90 employees were affected by these cuts, which occurred early this month. The company stated these changes are necessary to align its... — read more 

A significant majority of HR leaders anticipate further workforce reductions in 2026. Many organizations are now treating job cuts as a routine management strategy rather than a last resort. This trend is driven by a need to acquire specific skills... — read more 

Microsoft's Xbox division is under fire on social media following significant job cuts. The company plans to eliminate approximately 4,800 positions, with 1,600 of those impacting its gaming unit. This announcement comes shortly after Microsoft... — read more 

Asha Sharma, the new CEO of Xbox, has been appointed to a Federal Reserve task force focused on jobs and productivity. This group will examine the economic effects of new technologies, including artificial intelligence. Sharma recently announced... — read more 

Workers represented by OneBGS will march at four studio locations on July 15 to protest the elimination of 440 union positions. This action follows recent mass layoffs impacting Bethesda and ZeniMax. The union aims to hold Xbox accountable for its... — read more 

The United States is experiencing a significant surge in tech industry layoffs, accounting for the vast majority of global job reductions. Oracle has emerged as the largest contributor, responsible for nearly 20% of all tech job cuts this year. Major... — read more 

Several U.S. universities are implementing significant cost-saving measures due to financial challenges. Louisiana State University terminated 25 employees to save $3.7 million and reallocate funds to faculty and research. UCLA laid off 27 digital... — read more 

Microsoft has reduced its global workforce by approximately 4,800 employees, representing about 2.1% of its staff. These layoffs primarily impact the sales organization and the Xbox gaming division. The company is implementing a comprehensive... — read more 

https://www.geekwire.com/2026/tech-moves-seattle-tech-exec-named-dropbox-cpo-xbox-vp-among-layoffs-c-suite-changes-at-t-mobile/

Oracle has eliminated 21,000 jobs in fiscal year 2026, attributing the reductions to AI investments. This move has significantly impacted employee morale and trust across the tech industry. The company's annual filing explicitly stated that AI... — read more 

U.S. job cuts decreased by 40% in the first half of 2026 compared to the previous year. However, this overall reduction masks a significant surge in layoffs within the technology sector. Artificial intelligence emerged as the primary driver of... — read more 

Microsoft has implemented significant layoffs impacting its Xbox division, with 1,600 employees losing their jobs. This reduction is part of a larger company-wide restructuring, affecting approximately 4,800 employees in total. Unionized video game... — read more 

https://www.hr-brew.com/stories/oracles-layoffs-spend-to-make-money

A prominent technology company has announced significant job reductions impacting its workforce. This decision comes as part of a broader restructuring effort within the organization. The company aims to streamline operations and improve efficiency... — read more 

Electric vehicle maker Rivian is planning to sell 75 million shares of its stock. This move is intended to raise funds for equity contributions required by a U.S. Department of Energy loan. The company is working to meet the terms of this significant... — read more 

A proposed US bill aimed at preserving access to premium online games has failed to pass a senate vote. The Protect Our Games Act, championed by California Assemblyman Chris Ward, had previously cleared the state assembly. Consumer advocacy group... — read more 

Reports indicate that id Software has experienced substantial layoffs, with approximately half of its workforce reportedly affected. These cuts are said to have severely impacted the studio's quality assurance department. The news follows a broader... — read more 

Microsoft is providing laid-off US employees with a generous severance package. The offer includes up to 39 weeks of base pay, determined by seniority and tenure. Employees will also receive continued stock vesting for a period of six to twelve... — read more 

Salesforce has implemented job cuts affecting its AI agent and cloud software teams. A California WARN notice details 86 eliminated positions across various departments. Employees in Washington state and internationally were also impacted by these... — read more 

https://www.hrdive.com/news/2026-tech-layoffs-global-work-trends/824527/

Microsoft is undergoing a significant restructuring across its Xbox division. This involves cutting 3,200 jobs over the next year. The company stated no first-party publicly announced games are canceled as part of these reductions. Some studios like... — read more 

XBOX is undergoing its most significant restructure in company history. The company plans to reduce its team by approximately 3,200 employees through FY27. This includes 1,600 immediate role eliminations and four studios leaving XBOX. Compulsion... — read more 

https://www.inc.com/amaya-nichole/nike-closing-stores-studios-offices-complete-list-for-2026/91367969

Intel announced plans to reduce its workforce to 75,000 by year-end. This represents a 31% reduction from 108,900 employees at the end of last year. The company previously aimed to cut annual operating expenses to $17 billion. CEO Lip-Bu Tan... — read more 

Nike will report its full fiscal year earnings today. Analysts predict a two percent revenue decline and a 21 percent operating income drop. CEO Elliott Hill faces mounting pressure due to continuous negative sales growth. Nike's stock has fallen 34... — read more 

Microsoft is preparing for another round of layoffs in July 2026. The company expects to cut 5,000 to 5,700 jobs globally. These reductions will primarily affect sales, consulting, and the Xbox division. The move aligns with the new fiscal year and a... — read more 

A recent report connects artificial intelligence to widespread job losses. It indicates nearly 200,000 layoffs have occurred since 2023. Many Americans feel uncertain about AI's rapid development. Younger workers are especially concerned about their... — read more 

Can we stop with the work visas for white collar jobs already? We can't even employ the college grads we have today. It's beyond obvious America has shot itself in the foot. ... — read more