#budgetcut

business unit job fair
tons of presenters, booths
"are you hiring?"
"no there's a hiring freeze"

Good use of funds here folks

We all know the 5B target... so how much has actually been cut from the balance sheet?

Budgets cut to bare minimum, even less than stores like ROSS, TJ Maxx, Marshall’s, Bealls, and Burlington

It May be the worst in the retail industry

Bay City Public Schools is considering eliminating two teaching positions. This decision is part of an effort to match staffing levels with student enrollment. The school board will vote on the matter on July 13th. Superintendent Grant Hegenauer stated the move is for financial responsibility. The district aims to protect classroom experience and avoid deficits.

Bay City, MI

https://www.mlive.com/news/saginaw-bay-city/2026/07/possible-teacher-layoffs-on-the-agenda-of-bay-city-public-schools-board-meeting.html

Southern Glazer’s Wine & Spirits (SGWS) will slash 1% of its workforce as it implements a more tech-heavy business model, the beverage-alcohol distributor announced Tuesday afternoon.

https://drinks-intel.com/cross-category/southern-glazers-wine-spirits-to-cut-up-to-219-jobs-in-us/

Louisiana State University has eliminated 25 positions as part of a significant administrative restructuring. The university aims to redirect funds towards research and faculty hiring. This move is intended to help LSU achieve its goal of becoming a top 50 research institution. Key leadership roles, including the Chief Financial Officer and Vice President of Engagement, were among those cut. The university is consolidating departments and reallocating resources to support its academic and research initiatives.

Baton Rouge, Louisiana

https://lsureveille.com/284349/news/lsu-cuts-cfo-dei-positions-title-ix-layoffs-funding/

The University of Oregon aims to cut $65 million from its budget. It previously laid off over 100 employees and instituted a hiring freeze. President Karl Scholz announced the freeze to conserve resources. During this period, the university filed many H-1B visa applications. These applications were for various roles, including professors and research associates.

Eugene, Oregon

https://www.campusreform.org/article/university-cuts-staff-freezes-hiring-slash-65m-budget-files-applications-h-1b-jobs/29912

Temple University plans to cut $60 million from its budget. This action addresses a projected $85 million deficit for 2026-27. President John Fry stated that employee layoffs are inevitable. The university has not disclosed the exact number of affected positions. Previous measures included a faculty retirement program and eliminating vacant roles.

Philadelphia, Pennsylvania

https://community.triblive.com/news/4084054

Berkeley officials passed a new two-year financial blueprint. It aims to resolve a budget gap of $30 million. This involves cutting services and laying off staff members. Nine fire department positions, however, were preserved. A November ballot measure for a sales tax increase is crucial.

Berkeley, California

https://www.berkeleyside.org/2026/06/24/berkeley-budget-sales-tax-firefighters

Pender County Schools faces a $2.7 million budget shortfall. This deficit could lead to the elimination of about 30 positions. County commissioners approved $6 million for capital needs but not the full operational request. The district requested a $4 million increase but received only $1.3 million. School leaders will meet with commissioners to seek additional funding.

Pender County, North Carolina

https://www.wect.com/2026/06/23/pender-county-schools-says-budget-shortfall-could-lead-layoffs/

Seattle Public Schools faces an $87 million budget shortfall. Superintendent Ben Shuldiner stated that "everything is on the table" to address the deficit. Potential measures include layoffs and school closures. The district plans to reorganize its central office and not fill vacancies. Declining student enrollment also contributes to the financial challenges.

Seattle

https://komonews.com/news/local/seattle-public-schools-last-day-class-sps-superintendent-ben-shuldiner-87m-budget-gap-shortfall-safety-student-enrollment-drop-possible-layoffs

Black Mountain faces a nearly $2 million budget shortfall. Rising operational costs and storm recovery expenses caused the deficit. Town Manager Richard Hicks cited rising personnel and health insurance costs. Officials propose freezing five to six positions and raising taxes. They also consider increasing garbage fees and water rates to balance the budget.

Black Mountain, N.C.

https://wlos.com/news/local/black-mountain-budget-shortfall-million-officials-town-manager-layoffs-tax-increases-interim-richard-hicks-community-governments-helene-recovery-meeting-

St. Landry Parish Schools faces a deep financial deficit. The school board learned the system is millions in debt. The district operates "check to check" and loses cash. It expects a nearly $4 million debt by fiscal year-end. School closures, consolidations, and layoffs are possible solutions.

Opelousas, Louisiana

https://www.kadn.com/video/st-landry-parish-schools-facing-millions-in-debt-closures-layoffs-possible/video_33f27eb5-75af-5ba7-a28d-91c7f053acea.html

Palo Alto Unified School District forecasts financial hardship and potential layoffs. This follows the failure of Measure B, a parcel tax that would have generated $15 million annually. The district also reached an impasse in contract negotiations with its teachers' union. Chief Business Officer Charen Yu stated staff positions and expenditures may be cut. Educators dispute the district's conservative budget projections, citing historically higher year-end balances.

Palo Alto, California

https://www.paloaltoonline.com/palo-alto-schools/2026/06/04/school-district-forecasts-financial-uncertainty-layoffs-after-parcel-tax-fails/

Is this mainly focused on the groups in the “corporate functions” overhead org or all of the embedded functions in the businesses as well? Been hearing the overhead groups already found out last week or week prior not sure about the others.

The University of Maryland, College Park, laid off 84 employees. School officials cited increased energy costs and reduced federal funding. The university also lost $104 million over the past three years. A union representing employees called the decision unacceptable. No further layoffs are currently anticipated by the university.

College Park, Maryland

https://marylandmatters.org/2026/06/04/umd-lays-off-84-employees-amongst-period-of-uncertainty/

JP Morgan amd BOA have started cutting middle managers/regional presidents/retail area execs. Is thisbhappening at Fifth Third? Ai spend is really ramping up now!!!

Layoffs at Asante began this week. Employees reported cuts in IT, security, and nutrition departments. Asante CEO Tom Gessel previously warned of a projected $50 million deficit. He anticipated 300 or more job losses in fiscal year 2026. Asante officials declined to comment on the reported layoffs.

Medford, Oregon

https://rv-times.com/2026/05/27/asante-declines-comment-on-reported-first-wave-of-budget-cutting-layoffs/

Marshfield Schools notified 108 employees of layoffs or displacement. This action addresses a $4.52 million district deficit. Staff reductions will alter elementary operations, arts, and student services. The district faces a 62% share of the town's structural deficit. Residents must approve a tax override to prevent these cuts.

Marshfield, Massachusetts

https://www.southshore.news/p/108-layoff-and-displacement-notices

Concordia University faces significant financial challenges. The university expects to implement layoffs to address a $35-million budget gap. Even with these cuts, a $20.7-million deficit is projected for 2026-27. Declining international student enrollment and rising costs contribute to the financial strain. Federal and provincial policy changes have impacted revenue streams.

Montreal, Quebec

https://montrealgazette.com/news/concordia-university-layoffs-budget-cuts/

The Lee County School District informed 457 employees their contracts would not be renewed. Of these, 275 affected employees are teachers. The district faces a $46.7 million budget deficit. Another 407 teachers will leave due to attrition next year. Some non-renewed positions may be preserved or reallocated.

https://www.wgcu.org/education/2026-05-20/more-than-half-of-457-layoffs-in-lee-county-schools-will-be-teachers-275-get-notices

Peninsula College declared a financial emergency. Twelve full-time staff positions will be eliminated. Several educational programs face elimination or suspension. A $1.8 million budget deficit prompted these measures. Furloughs will also impact high-earning staff beginning in July.

https://ptleader.com/articles/local-news/budget-crisis-forces-layoffs-program-cuts-and-furloughs-at-college/

NPR is reorganizing its newsroom operations. The network is offering buyouts to approximately 300 employees. Layoffs will occur if insufficient staff accept voluntary departures. NPR faces an $8 million budget gap from reduced station fees and federal funding cuts. Recent large donations are primarily dedicated to technological innovation, not operating costs.

https://www.npr.org/2026/05/18/nx-s1-5821622/npr-buyouts-layoffs-reorganization

Intuit has limited budget for severance package.

The West Sonoma County Union High School District board finalized staff layoffs. These reductions address the district's ongoing budget deficit. The board approved 8.0 FTE certificated and 4.918 FTE classified position cuts. Seven Analy staff members were recognized for their retirements. The board also approved a teacher contract and a hate speech resolution.

Sebastopol, California

https://www.sebastopoltimes.com/p/retirements-and-layoffs-bring-a-sense

The Newport School Committee voted on May 12 to lay off 17 teachers. This decision is effective on May 29. The layoffs are strictly for financial reasons. The district faces a roughly $5 million budget deficit. Many community members and two committee members opposed the cuts.

Newport,

https://www.newportthisweek.com/articles/newport-school-committee-votes-to-layoff-17-teachers/

Mayor Jon Mitchell made a significant announcement. He revealed the closure of Engine 9. This fire engine is located on Ashley Boulevard. Layoffs of recently hired firefighters were also announced. The mayor delivered this news during his budget address.

New Bedford

https://www.southcoasttoday.com/story/news/2026/05/14/to-close-new-bedford-budget-gap-mayor-mitchell-calls-for-service-cuts/90072365007/

Fresno Unified trustees unanimously approved proposed layoffs. The decision impacts 78 positions across the district. This includes teachers, counselors, nurses, and vice principals. The district cited a lack of funds as the reason. These changes are scheduled for the 2026-2027 school year.

Fresno, California

https://kmph.com/news/local/fresno-unified-approves-proposed-layoffs-of-78-positions-for-2026-27-school-year

Leon County Commissioners will discuss eliminating funding for the Council on Culture and Arts (COCA). COCA is a local nonprofit organization that funds year-round arts programming. Executive Director Kathleen Spehar warns this funding cut could cause layoffs and reduce services. County staff recommends transferring COCA's grant programs to the county’s Division of Tourism. This change aims to save costs and protect against future financial pressures.

Tallahassee, Florida

https://www.wctv.tv/2026/05/12/coca-warns-proposed-funding-cut-could-lead-layoffs-reduced-arts-programming-leon-co/

Council on Culture and Arts |

Eugene School District 4J issued layoff notices. A total of 176 employees received these notices. The notices were sent on May 1. This action addresses a significant budget deficit. The district faces a $46.4 million shortfall.

Eugene, Oregon

https://www.registerguard.com/story/news/education/2026/05/08/eugene-school-district-4j-lays-off-176/89968393007/

The University of North Texas approved buyouts for 40 faculty members. This action aims to save up to $4.7 million. The university faces a projected $45 million budget shortfall. Declining international student enrollment and reduced state funding caused this deficit. Officials are considering other cuts but do not expect broad layoffs.

Denton, Texas

Muhlenberg College faces job losses due to a $10 million budget deficit. The American Association of University Professors (AAUP) confirmed the impending layoffs. AAUP noted faculty typically receive a year's notice, unlike staff. Historically, staff were given hours to vacate offices and escorted off campus. The union advocates for 90 days' notice, salary, and benefits for all laid-off staff.

Allentown, Pa.

https://www.wfmz.com/news/area/lehighvalley/lehigh-county/allentown-area/muhlenberg-s-10-million-budget-deficit-could-lead-to-layoffs-faculty-union-says/article_1263fae8-73aa-4371-8332-643f42df89f9.html

Voya is now eliminating positions in IT due to budget cuts. Most likely outsourcing work to Voya India. I was laid off yesterday morning.

Looks like Mother Mutual is not only downsizing its company vehicle fleet, but also its executive jets.

No more Challenger 600's.

Now its down to four Gulfstream GVII (no, that's not GV eleven, Ms Ilhan Omar).

https://www.planespotters.net/airline/State-Farm

Akron Public Schools is advancing plans for $11 million in budget cuts. These reductions include layoffs of paraprofessionals and elimination of dean positions. An art therapist position will also be cut. The district aims to close a growing budget gap. A committee approved the resolution, which now moves to the Rules Committee.

Akron, Ohio

https://signalakron.org/akron-schools-again-advance-layoffs-and-eliminated-positions/

Sacramento city leaders plan to cut jobs to address a significant budget deficit. The city faces a $66.2 million budget gap for the upcoming fiscal year. City Manager Maraskeshia Smith released a proposed $1.7 billion budget. This plan includes cutting 46 filled positions and eliminating nearly 100 vacant jobs. These measures aim to achieve long-term financial stability for the city.

Sacramento, California

https://www.abc10.com/article/news/local/sacramento/sacramento-could-faces-layoffs-leaders-work-to-close-662-million-budget-deficit/103-92dd972b-5c9a-45e0-a680-5548f6051208

Since my ISU got a big cut, I’ve officially entered my "Linux Villain Era." I finally installed Ubuntu 26.04 and banned my work laptop from the house in the evening and weekends—mostly because I prefer my OS without a side of corporate heavy eavesdropping. If the budget is gone, my "extra mile" just hit a dead end.

Portland Public Schools faces a $56.3 million budget deficit. Superintendent Dr. Kimberlee Armstrong proposed reducing 336 full-time employees. These cuts impact school-based staff, specialized programs, and central office positions. This deficit is larger than earlier projections. A $65.2 million deficit is also forecast for the 2027–28 school year.

Portland, Oregon

https://www.wweek.com/news/schools/2026/04/28/portland-public-schools-faces-56-million-budget-deficit-as-superintendent-proposes-336-layoffs/

The San Francisco-based Academy of Sciences is cutting 53 positions. These reductions affect approximately 9.3% of its workforce. The institution faces a $7.3 million shortfall for 2025. Increased expenses, reduced tourism, and lower donations caused the strain. Program adjustments, like ending new planetarium shows, are also planned.

San Francisco, California

https://www.sfchronicle.com/entertainment/article/california-academy-sciences-layoffs-22224372.php

Here's the link to the video:

https://www.youtube.com/watch?v=x_vR0dZaYDg

Budget cut is the explanation