#layoffs

Electronic Arts, headquartered in Redwood City, California, has sought to reassure employees following its massive $55 billion buyout. The company told staff through an FAQ filed with the SEC that there will be no immediate layoffs or job changes as a result of the deal, despite rumors circulating after Insider Gaming reported that employees at subsidiary BioWare feared cuts.

The FAQ emphasized that the acquisition allows EA to operate privately, outside the pressures of quarterly market expectations, and to take a longer-term approach to investment. EA said this new structure will give the company more creative and operational flexibility to pursue bold strategies and expand globally.

Still, the company acknowledged the reality of its financial obligations, including $20 billion in debt linked to funding the transaction. The buyout was backed by a consortium that includes PIF, Silver Lake, and Affinity Partners. While Electronic Arts has insisted that no layoffs are planned in the short term, comparisons have been drawn to Microsoft’s handling of Activision Blizzard, where workforce reductions eventually followed after a delay.

EA maintains that it is in a strong financial position and will use the buyout to “unlock new opportunities,” but uncertainty remains among employees about what the long-term impact might be.

Six companies in Wisconsin announced facility closures in Sept. 2025, this eliminated 747 employees across the state. The job cuts marked a steep rise from August, when just 93 workers were laid off. Despite the closures, Wisconsin’s unemployment rate held steady at 3.1 percent, below the national average of 4.3 percent.

• Action Printing, a subsidiary of JAL Equity Corp, began shutting down its facility in Fond Du Lac, with layoffs expected to continue through October 31. In total, 44 workers are affected as the company discontinues the product line produced at that location.

• Sheridan Random Lake also announced that it will permanently close its facility in Random Lake, impacting 104 employees. The company cited a significant downturn in business as the reason for the closure, with layoffs beginning November 21 and continuing into early 2026.

• Pregis Innovative Packaging, LLC disclosed plans to permanently close its Germantown facility, eliminating 48 jobs. The full closure is scheduled for April 30, 2026, though layoffs are set to begin earlier.

• Saputo Cheese USA confirmed it will close its Green Bay facility in December 2025, accelerating a previously announced plan to shut down in 2024. This decision affects 240 workers.

Air Wisconsin accounted for the largest number of layoffs, with 252 workers losing their jobs across its operations at Milwaukee’s Mitchell International Airport and Appleton International Airport. The announcement follows the company’s agreement with Premier Shuttle Holdings, which has expressed interest in acquiring parts of Air Wisconsin’s operations and assets.

Finally, 360x Logistics LLC, based in Sturtevant, announced it will close its facility on October 4, laying off 59 employees. The company cited its inability to secure necessary insurance as the reason for the shutdown.

Together, these six companies — Action Printing, Sheridan Random Lake, Pregis Innovative Packaging, Saputo Cheese USA, Air Wisconsin, and 360x Logistics — underscore the economic challenges facing workers in Wisconsin, even as the state’s overall job market remains stable.

Northwest Farm Management (NWFM), based in Washington state, was mistakenly reported to be permanently laying off nearly 300 workers, sparking confusion in the agriculture community. CEO and co-founder Keith Veselka clarified that the notice was due to a new state law requiring layoff notifications, not a permanent reduction.

Veselka explained the jobs are seasonal, tied to apple harvests that end in November. Once the fruit is gone, contracts conclude, and hiring begins again the following year.

He stressed that nothing has changed in NWFM’s operations and that the company will continue its regular seasonal employment cycle.

Sutro Biopharma, based in South San Francisco, is cutting a third of its workforce in its second round of layoffs this year. The antibody-dr-g conjugate (ADC) biotech had already halved its headcount in March when it deprioritized luveltamab tazevibulin, an experimental treatment for ovarian and lung cancers, as well as a leukemia program.

The latest layoffs follow Ipsen’s decision to exit an $875 million partnership for Sutro’s ROR1-directed ADC, leaving the company to focus on pipeline programs like STRO-004, a Tissue Factor-targeting exatecan ADC expected to enter the clinic later in 2025. Sutro is also advancing two preclinical ADCs, including an integrin beta-6 candidate, with plans to move one into trials by 2027.

CEO Jane Chung, who replaced longtime leader Bill Newell in March, said the restructuring will extend Sutro’s financial runway into mid-2027, supporting early clinical milestones. The company ended June with $205.1 million in cash on hand.

September brought a wave of executive hires, promotions, exits, and layoffs across the healthcare industry, with major names like Medtronic, Amgen, and Kaiser Permanente making leadership changes, while organizations such as Novo Nordisk and Seattle Children’s cut jobs.

Hires:

• Amgen appointed Shannon Turley as vice president of research and co-head of research biology, following her tenure at Genentech.
• enGene named Hussein Sweiti as chief medical officer, bringing experience from Astellas Pharma, where he led commercial gene therapy efforts.
• IKS Health hired Ajai Sehgal as chief AI officer. He previously served as chief data and analytics officer at Mayo Clinic.
• Kaiser Permanente brought on Craig Albanese, former CEO of Duke University Health System, as president of integrated care and coverage. His past leadership experience includes roles at NewYork-Presbyterian, Stanford Children’s Health, and UCSF Health.
• Medtronic named Adam Arthur chief medical officer of its neurovascular business. He was previously chair of neurosurgery at the University of Tennessee Health Science Center.
• Penguin Ai appointed Mark Caron as chief strategy officer. Caron has held leadership positions at Capital BlueCross, Optum Health, Blue Cross Blue Shield of Wisconsin, Blue Cross Blue Shield of Massachusetts, and CHI Health.
• Spring Fertility hired Mike Michetti as CEO and Stacey Payne as chief people officer. Michetti previously held roles at Marathon Health, Highmark Health, Allegheny Health Network, Cleveland Clinic, and Mercy. Payne’s past executive experience includes Sweetgreen, SoulCycle, and Daily Harvest.

Promotions:

• Komodo Health promoted Miles Ennis to COO, following his tenure as chief revenue officer.
• Magellan Health named Steven Pratt chief medical officer, building on his long career at the company since 2007.
• Temple Health promoted Abhi Rastogi to COO and John Ryan to chief administrative officer. Ryan previously served as general counsel at Dana-Farber Cancer Institute.

Exits:

• Ochsner Health COO Mike Hulefeld will step down at the end of 2025 after 27 years. Timothy Riddell, another longtime leader, will succeed him.
• Providence Chief Transformation Officer Sara Vaezy is leaving after nearly a decade with the organization.

Layoffs:

• Memorial Sloan Kettering Cancer Center is cutting fewer than 2 percent of its workforce, citing rising costs for dr-gs, labor, and supplies.
• Novo Nordisk announced it will reduce its workforce by 11 percent, or about 9,000 jobs, as competition intensifies for its GLP-1 dr-gs Ozempic and Wegovy.
• Seattle Children’s will lay off 154 employees, primarily in administrative roles, due to cuts in federal and state funding.

This mix of leadership reshuffling and workforce reductions shows a sector in flux, as health systems and life sciences companies balance growth, innovation, and financial pressure.

Federal workers in Colorado are bracing for furloughs and possible layoffs as the federal government shutdown begins. Many employees at the Denver Federal Center are expected to continue working without pay during the shutdown, while others face immediate furloughs.

The uncertainty adds financial strain to thousands of federal workers in the state, with no clear timeline for when funding will be restored.

United BioSource (UBC), a Pennsylvania-based health care technology services company, is laying off 123 employees tied to its Overland Park, Kansas, offices. The cuts include both on-site and remote workers in Kansas and Missouri.

The layoffs are scheduled to take effect around November 26, 2025, according to a notice filed with state officials. UBC has not yet commented publicly on the decision.

The company provides technology and services that support pharmaceutical and biotech companies, particularly in dr-g development and patient support programs.

Bloomberg Radio has carried out a round of layoffs that included several high-profile departures. Among those leaving is Michael Lysak, the company’s head of global radio and TV syndication. Also cut were Nancy Lyons, an afternoon business anchor with prior experience at NPR, AP Radio Network, and CBS Radio, and Jeff Bellinger, a longtime business journalist who previously worked at CNBC, ABC, and The Wall Street Journal.

Additionally, Tracy Johnke, who joined Bloomberg Radio in 2015 after working at CBS Radio and WTOP in Washington, D.C., is departing after a decade with the company.

The layoffs reflect broader changes within Bloomberg’s media operations, though the company has not disclosed the total number of employees affected.

Prudential Financial is laying off 63 employees in New Jersey between November 16 and December 16, 2025, according to a state filing. The company said the cuts are part of ongoing restructuring to align its workforce with strategy and maintain competitiveness, though it did not specify which positions will be affected.

This follows several earlier rounds of layoffs. In July 2025, Prudential announced 57 job cuts, and in 2024 it eliminated 637 positions across four separate rounds, including a single reduction of 238 jobs in September of that year.

The layoffs come despite Prudential’s stock rising 6 percent in September 2025, fueled by stronger-than-expected sales and capital returns. However, the company reported weaker earnings, with Q2 net income falling to $533 million from $1.2 billion the year prior and posting $516 million in realized investment losses.

Prudential also recently elected Joseph Wolk, CFO of Johnson & Johnson, to its board of directors as an independent member, effective September 30.

Prairie Public Television has laid off 12 staff members as it begins its new fiscal year, cutting seven employees and eliminating five open positions, which amounts to about 18 percent of its workforce.

CEO John Harris said the move was necessary after Prairie Public lost about $2 million in annual revenue following federal funding cuts and reductions in the state budget. This amounted to a 25 percent decline in revenue.

Despite the cuts, Harris emphasized the organization’s commitment to keeping all transmitters online and continuing to serve North Dakota communities with the resources available.

Hazel Health, a San Francisco-based pediatric behavioral health provider, has laid off about 11 percent of its staff. The company partners with schools in nearly 20 states to deliver virtual therapy for students and said the layoffs are part of a restructuring to support long-term growth while integrating AI and automation tools.

The company emphasized that no clinicians were affected by the cuts. Hazel said the move will help it maintain efficient and sustainable care delivery as it continues expanding services for students, families, and schools.

Hazel Health has pursued high-profile partnerships in recent years, including a 2023 deal with Los Angeles County to expand behavioral health services for 1.3 million children and a 2024 partnership with UnitedHealthcare to help cover the cost of school-based mental health programs. The company has also attracted significant investment, raising $51.5 million in 2022 and another $34.5 million earlier in 2025.

• Massachusetts Biotech Layoffs Surge in Q3, 1,800 Jobs Lost Across 27 Companies

The Massachusetts biotech sector is facing its steepest round of job cuts in more than a year, with 27 companies eliminating a combined 1,800 jobs during the third quarter of 2025, according to the Boston Business Journal. This marks the highest quarterly loss of biotech positions since the second quarter of 2024, underscoring ongoing financial and market pressures within the industry.

The layoffs span a wide range of organizations, from major pharmaceutical employers to smaller research-driven startups. Companies that reduced staff include IO Biotech, KALA Bio, Sutro Biopharma, Biogen, Heidelberg Pharma, Rome Therapeutics, Seres Therapeutics, Arvinas, Novo Nordisk, Bristol Myers Squibb, Arsenal Biosciences, X4 Pharmaceuticals, and Innate Pharma. Collectively, the cuts affected roles across dr-g development, research, operations, and administrative functions.

Industry analysts point to a combination of factors driving the reductions: slowing deal activity, tighter funding conditions for emerging companies, and strategic pipeline shifts among larger pharmaceutical players. Some firms cited the need to focus resources on late-stage programs or more commercially promising therapies, while others faced direct setbacks such as failed trials or lost partnerships.

Despite the downturn, Massachusetts remains one of the nation’s most active biotech hubs, with billions of dollars in venture investment and ongoing expansion projects. However, the rising tally of layoffs has raised concerns about the sustainability of growth in the sector. Industry observers note that while some displaced workers may find opportunities in better-funded or expanding biotech firms, the wave of cuts highlights an increasingly challenging environment for both startups and established players.

NASA Watch reports that the threat of actual federal layoffs is rising during the ongoing government shutdown, adding to furloughs already in effect. NASA headquarters has contingency plans for such layoffs, but with the agency’s public affairs office on furlough, official communication is limited.

The report cites several developments: the Congressional Budget Office warning of imminent layoffs, a budget director telling Republicans that federal job cuts are days away, claims that directives to fire workers during a shutdown may be illegal, and agencies like the Patent Office already laying off staff.

The White House and Office of Management and Budget have reportedly issued strict warnings to agencies against sharing shutdown-related details publicly.

Pack Health, a Birmingham-based digital health coaching company owned by Quest Diagnostics, is shutting down by the end of 2025 and cutting 98 jobs. The company cited slower-than-expected market adoption and the loss of a major customer as reasons for the closure.

Employees were notified this week, with some departing immediately. Quest said it will provide support to affected staff.

Pack Health was once considered one of Birmingham’s startup success stories, announcing a $5 million headquarters expansion in 2023 that promised 200 new jobs and significant economic impact. Its closure contributes to a rising trend of layoffs in Alabama, with more than 3,200 workers affected by mass layoffs and closures in the state so far this year.

Paycom has laid off more than 500 employees in Oklahoma City as part of a restructuring effort driven by automation and artificial intelligence. The cuts affect non-client-facing, back-office roles, while client-facing jobs remain unaffected.

The company said the move is due to efficiencies created by AI-driven technologies. A WARN notice was filed, and employees were notified on Wednesday morning.

Paycom is offering severance packages, outplacement services, and access to internal job opportunities. Despite the layoffs, the company says it will continue hiring for open positions in client-facing areas and remains financially strong.

https://www.news9.com/story/68dd487999d76e9f790c57d1/paycom-layoff-500-okc-employees

Google Cloud has laid off employees despite record-breaking financial results. Workers in user experience and design roles were among those affected, with several posting about the cuts on LinkedIn. Notifications were sent via email earlier this week.

The layoffs come as Google Cloud reported $13.6 billion in Q2 2025 revenue, up 32 percent year-over-year, with operating income hitting $2.8 billion, up 33 percent. The company holds 13 percent global cloud infrastructure market share, ranking third behind AWS (30 percent) and Microsoft (20 percent).

CEO Thomas Kurian recently emphasized the company’s $106 billion backlog and focus on operating discipline, saying Google Cloud is outpacing AWS and Microsoft in revenue growth.

The layoffs add to a broader industry trend, with more than 90,000 tech workers losing jobs in 2025 so far.

https://www.freep.com/story/money/cars/general-motors/2025/10/01/gm-layoffs-fairfax-assembly-plant-kansas/86459655007/

Anyone aware of upcoming layoffs at gas utility? It's the season and we are integrating 3 new utilities.

I love how fake the PGL's are these days. They look at you with a fake blank look on their faces knowing what is about to happen. Everyday when I arrive at work, I have the feeling that it is my last day. Someone in security let out that they have an assignment in a couple weeks at the JRC. Gee, what could that be. Why are layoffs so taboo, what not prepare the employees now, so they can look for a job. Instead of dumping them on the spot without notice.

My challenge to the leadership at JRC, stop hiding behind your tailored suits. Stop giving us your fake smile and hand shake. Go to your employees within your group and tell them what's to come.

LOL:

One user in a thread on thelayoff.com predicted how the company’s assets would be shifted around. His first prediction was that Calgary Quarry Park HQ would be sold to Brookfield.

• https://www.junonews.com/p/imperial-oil-to-cut-20-of-workforce

If they were to do layoffs would they be more likely to do them when we were actually physically present in the office?

This is a genuine request, and I'd appreciate honest (not snarky) feedback. What would you do if your boss revealed that layoffs were imminent and your team might be affected? It might not be everyone, but it could be. Which is surprising, as we've already had several team members leave. But apparently, that doesn't 'count'. Alas, the 'powers that be' don't view our reporting work as 'valuable' - more like 'oh, that can be done with AI' or some other assumption that diminishes the complexity of what's required. I've been down this path before... and somehow survived by various means. Should I apply for other opportunities at AT&T? Please note that I enjoy my current role. I like my boss. But those above him aren't cool. Am I jumping from the frying pan into the fire? Please note: I'm nearing retirement age and want to make the most of my time.

We have a gasilian CEO's waiting in the wings. We have left enough old people go, why not one more?

Any inside information on what jobs are being eliminated? What states are being affected?

Nice job WF displacing people on 9/30 so they aren't still considered employees on 12/15 (with their 60 days notice) to get the entire year of 401k matching!

Clearly it’s the month to cut. Heard anything about the looming layoffs?

The walls are crashing down around you. The future of a stable, well paying job, in a great city, is over. The vision of a lucrative nest egg is challenged. Your sense of identity and worth is compromised. Your doubts are setting in.

But remember.. you will be okay. You are blessed to live in a great country with free healthcare, and decent safety nets. This is a hole you will climb out of. You are worth it! And you will go on to do amazing things. Just different things and ones you can’t comprehend or envision at this time.

Maintain your physical and mental health and stay strong! The best is yet to come.

!

Any thoughts on what was shared in today’s town hall with RFAB, DM6, SMFAB, LFAB? In a meeting last week, supposedly Yunus said there were no plans for further headcount actions. But please still voluntarily go burn all your TBK in Q4 so you’re cheaper to fire. Seemed to allude that Q3 numbers aren’t terrible, but they are worried about Q4.

Or is all the pain going to be felt down the ladder by the people who need jobs the most?

Gartner TA alum here, to those affected please know that as painful as this is right now, you are better off out of there and the conditioning Gartner has put you through will set you up for success literally anywhere else. Hands down the most talented and human TA team I’ve ever worked in and your hard work will be valued so much more elsewhere.

For years Gartner has attracted talented TA professionals by promising career growth, “work life balance” and a place that people are proud to work for. Once they’ve dangled the carrot they’ll work you to the bone and make you think your work is never good enough.

The writing was on the wall when Obert rocked up with his empty fluoride stare. But then again, we all know he’s just a scape goat.

The post is not mine, I saw it here: @fh+1k6dh96e5

I joined this fkn company cuz of the defined benefit of plan because in my mind it used to offset the PIP/PDS bullsh-t we have to do every year. Well Atleast they don’t do layoffs right ? I mean even tho the PDS system can be biased it can never be soo biased and merit must count somewhat right ?

Now they do fkn PDS/PIPs and do layoffs AND the raises are sh-t. So can someone please explain to me how does this make imperial better than CNRL/CVE/SU ? Fk being equal, I think imperial is the worst of all of these.

Oh and we don’t get company wide bonuses.

Take a look at the job postings in India to understand who they will be firing! Pretty classy to keep posting about jobs and hiring in India the same time you are firing and doing mass layoffs of the long time employees who built the company.

https://www.linkedin.com/company/exxonmobil-india-careers/

Care and WAEM at their finest. While announcing mass layoffs they can’t even skip a few days of posting about all the jobs in India. Talk about insensitive and clueless!

https://www.linkedin.com/company/exxonmobil-india-careers/

Something big is going down in Spec Chem. Either a sell off or something disruptive. NDAs are being issued and signed. Rumor is Borger is going to be sold off.

I was literally just laid off for AI. I rewrite and audit extensively documents on process and procedures and directions.

They said what I do in about a month can be done in less than 5 mins with AI at a fraction of the cost.
I then told them they will have another BP Disaster without a Human making comments and common sense oversight. They said this would be no different than a human making a mistake and HR sees this as a positive to meet the bonuses promised to others. Been with them 10 years!!!!
All I get is half a week per year with pay the company if I don't sign the exit package or one week of pay per year if I sign but I can't claim unemployment... HELP!!!

I've been told marketplace is the main target of the next wave...no specific depts just that area in general is the target.

It’s so infuriating to read in the news how the Provincial government tries to tie the layoffs to the feds, focusing solely on the pipeline or some perceived “red tape.” I’m with IRP, and there was no shortage of projects (less so now, no one knows what to do). For approvals, we asked AER or provincial bodies.

Those corporations don’t care about ease of regulations - they only understand regulatory consequences and cost impacts. Right now, it’s very cheap for them to get rid of all of us with no reason given. I almost can’t blame IOL (or more so Exxon) for what they did. It aligns very well with the nonsensical decisions they were making. BTC, DTI, how is this allowed in Canada

Pretty sure major news orgs would be interested to hear about mass and repeated layoffs at a fortune 500 benefiting from CHIPS Act funding, H1-B and outsourcing.

People are nervous and watching their backs, so now there’s this constant tension where nobody feels secure enough to plan their future here. It’s a huge mistake, and it’s going to cost this place way more in the long run than anyone at the top realizes.