#layoffs

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Berkley Tax Override Fails, Town Departments Cut Staff

Berkley voters overwhelmingly rejected a Proposition 2 1/2 override. The measure failed by a nearly five-to-one margin. This outcome triggers position eliminations across multiple town departments. Layoffs will impact schools, police, fire, highway, and Town Hall. Seven teachers and several other employees are among those affected.

Berkley, Massachusetts

https://www.tauntongazette.com/story/news/local/2026/05/11/berkley-election-override-defeated-layoffs-class-sizes/90028501007/


Layoffs and ReOrg have ruined my team

In essence these layoffs and reorg have taken the winds out of my team. the morale is so low it’s un-existing. everyone sounds miserable, noone answers to queries. No one is motivated. my team was a top performing team before all of this. people are scared n rightfully so

anyone else experiencing the same?


Nike Faces Teacher Protests Over School Budget Cuts

Oregon educators protested outside Nike stores on Saturday. The "Just Sign It" campaign targeted Nike in Eugene and Portland. Protesters demanded Nike pay $2 billion to the state. They claim this amount was saved through a 2012 tax deal. Teachers linked Nike's tax deal to recent school district layoffs.

Eugene, Oregon

https://www.kezi.com/news/local/oregon-teachers-rally-at-nike-stores-after-200-layoffs-in-eugene/article_62e3e9b5-68d0-47c9-ab35-fff786798100.html


VZ paid $65 million to Schulman Vestburg

Dan Schulman made 34.3 million in 3 months in 2025 :He only became CEO on October 4, 2025 — so he earned most of that in just 3 months as CEO. Here's how:He received a $9.5 million RSU grant upfront just to compensate him for pay he forfeited when he left a prior investment firm to take the Verizon job. Then a $20 million RSU grant vesting in 2027, plus a $30 million PSU grant tied to performance — all loaded in at the start. Add his $1.5 million base salary and a short-term bonus target of 250% of base salary, prorated for the portion of 2025 he was CEO , and you get to $34.3 million fast.The CEO Hans Vestberg collected $31.2 million in 2025 compensation. So Verizon paid two CEOs over $65 million combined in the same year it laid off 13,000 workers.The system that allows this:The board sets pay. The board is elected by shareholders. But in practice, executive compensation committees at major corporations benchmark pay against other large companies — creating a ratchet where CEO pay only goes up, regardless of performance. Schulman got paid to leave his last job and came in loaded with equity from day one, before proving anything.
So to directly answer your question: he made $34.3 million largely through upfront equity grants and a golden hello — not because he earned it through results. The results come later, if they come at all.


Leon County May Cut COCA Funding, Layoffs Feared

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 |


Starbucks Cuts 61 Tech Jobs in Seattle Reorganization

Starbucks is laying off 61 corporate tech workers in Seattle. This action results from a technology department reorganization. Affected roles include project managers and systems administrators. The layoffs are scheduled to begin on June 20. All impacted employees will be separated by August 28.

Seattle, Washington

https://www.seattletimes.com/business/starbucks/starbucks-lays-off-61-tech-workers-in-seattle/


IPS Implements $17 Million Central Office Cuts

Indianapolis Public Schools announced $17 million in central office cuts. This marks the district's second round of budget reductions this year. The cuts involve eliminating approximately 28 central office positions. Enrollment declines and an expiring property tax levy are driving these financial pressures. Overall, 87 employees have been reduced from the district's workforce.

Indianapolis, Indiana

https://www.wfyi.org/education/2026-05-11/ips-17-million-central-office-cuts-enrollment-referendum


Akron Schools Cut $11 Million; Teacher Layoffs Avoided

The Akron school board approved $11 million in budget reductions. This action prevents a financial shortfall for the upcoming school year. Seventeen staff positions will be eliminated from the district. Six deans will move into available teaching positions. These measures aim to prevent future state financial oversight.

Akron, Ohio

https://www.beaconjournal.com/story/news/education/2026/05/12/akron-school-board-approves-11-million-cuts-avoids-teacher-layoffs/90034259007/


Providence Cuts 40 Jobs at Sacred Heart Facility

Providence is implementing changes to its behavioral health model. These changes involve the elimination of 40 positions. The layoffs affect staff at Sacred Heart. The company is restructuring its health services. Further details about the new model were not specified.

Spokane, WA

https://www.kxly.com/video/providence-announces-changes-to-behavioral-health-model-layoffs/video_249f9d38-19db-5cef-94fe-2af617887158.html


ZoomInfo Sheds 600 Jobs; Equity Value Declines Sharply

Online marketing company ZoomInfo plans to eliminate 600 jobs. This represents about 20% of its global workforce. The news accompanied weak financial results, sending the company's stock down 28% to an all-time low. ZoomInfo reported flat sales of $310 million in the first quarter of 2026. Investors are increasingly concerned about competition from artificial intelligence.

Vancouver, Washington

https://www.oregonlive.com/silicon-forest/2026/05/vancouver-company-will-lay-off-600-worldwide-stock-falls-to-all-time-low.html


Twin Falls District Cuts Staff Without Layoffs

The Twin Falls School District avoided staff layoffs. Superintendent Brady Di-kinson announced this to the school board. The district eliminated 18 positions through attrition. These cuts resulted from staff departures and retirements. Declining enrollment prompted these reductions and more are expected.

Twin Falls, Idaho

https://www.idahoednews.org/news/twin-falls-avoids-teachers-layoffs-cuts-staff-through-attrition/


MRI Software Announces Workforce Reduction

MRI Software reportedly announced layoffs affecting its workforce. Up to 200 workers are reportedly impacted by these job cuts. The company specializes in real estate management and investment software. MRI Software is based in Solon, Ohio. The firm was previously known for its hiring practices.

Solon, Ohio

https://www.crainscleveland.com/real-estate/commercial/ccl-mri-layoffs-2026511/


GitLab Initiates Restructuring, Workforce Reductions Planned

GitLab announced a company-wide restructuring effort. The software company plans to reduce its workforce by June 1. This restructuring aims to meet the demands of the "agentic era." Changes include flattening management layers and reorganizing R&D teams. The CEO stated AI agents will automate internal processes, affecting roles.

https://www.businessinsider.com/gitlab-layoffs-memo-2026-5


Beware "Ghost Jobs" at L3Harris

Ghost jobs are online employment listings for jobs that either do not exist or are not vacant for which the company has no immediate intention of hiring. About 30% of companies use this tactic to collect resumes for future needs, create a false illusion of growth and to intimidate current employees into thinking their jobs are on the line if they don't improve their performance.
If you haven't heard back about a job you posted for, it's not you. It's them playing head games. Clifton has been doing it for years. Check it out for yourselves. You may find YOUR job listed.


Citi will always be technically behind so long as other banks (Wells F, JPM, PNC) are willing to pay more.

Oh sure, Citi pull out what they think is a big win by luring in some major director from other banks here and there. They make sure that hits the headlines but as you can see, they don’t stay very long.

Its a money shell game. These guys move from company to company for more money each time they move. They have no interest in making Citi a home.


RIDICULOUS NCR ATLEOS MERITS IN SERBIA

They have lost all moral respect for human beings .. They feel that giving people a $20 and or 30 $ merit increase per month is going to make someone satisfied and or work in the office ? Has this company lost its mind? The huge CAMPUS that they built in Belgrade only 5 years ago , and now giving people $20 raises per month? Are they serious? They are looking to pay for the same positions a salary that they were paying 12 years ago .. .They are still trying to pay people in Belgrade $800 a month... That story has sailed... Then from what everyone heard is they fired the president of the Labor Union in Belgrade just so the top players could run the company.. This company has become criminal . All people are doing now is coming into the office and socializing all day ... what a waste of work force .. Then again while the GM in Serbia and his buddies are all profiting while they can ... not sure what is going on but people cant live on a $20 pay increase.. this is so low .. this company should be prosecuted


Service rep in Earth City, worried about losing my job

So we’re considered a mega center under the mobility purple contract and we’re locked in at almost $39 an hour and there’s only about 60 of us right now and we won’t ever have people on our title anymore per our union. We all work 5 days in office. We’ve been doing mass hirings for almost 2 years and these new reps are also service reps but they have a hybrid title at the end of their name and get about $21 an hour plus commission and they’re a mix of English and bilingual. At the end of the day we all take the same calls, have the same center manager, report to the same floor/building but there’s over 100 of the hybrid reps. Can they get rid of us since we’re getting paid more and not having to meet numbers to get commission? It’s been like this for 2 years but there have been rumors that they can remove us and keep the reps that are hybrid. How can they get away with that if it’s true?


Quality at it's lowest

The biggest past baggage is still heading the testing and that is resulting in every day deterioration of Coupa quality with many escalations coming every day. Now next list of layoffs is ready just after the current events and she is destroying everything just to save her job. All strong performers under her have left because of her incompetence. Every one in testing team is trying to move to development or leave the company and only people left are those who are not getting anything else. Worst to come for Coupa quality and the remaining people !!


IT MUST BE DIFFERENT ON THE INSIDE

Oregon teachers rally at Nike stores after 200+ layoffs in

Nike sued over tariff price hikes and potential 'double recovery' refunds

Nike Is So Cooked.’ Adidas Goes Viral With New World Cup Campaign as Its Rival Struggles to Find Its Footing
https://m.youtube.com/watch?v=mJJY53qhJe0

Adidas Is Winning The Hearts And Minds Of Consumers Globally As Nike Falls

NIKE MARKETED A SUB-2-HOUR MARATHON. ADIDAS JUST DID IT

Why Nike’s CEO bought $2 million worth of shares at a low point for the company

Nike Slapped With Class Action Over Customer Data Breach

Nike sued over data breach, allegedly exposed credit card information

Massive Leak of Nike Internal Documents Just Surfaces on Dark Web

Nike faces federal probe over allegations of discrimination against white workers

Decades After Nike Promised Sweatshop Reforms, Workers in This Factory Were Still Fainting

Nike Stock Faces Insider Selling Scandal Amid Strong Earnings

Unsealed court records reveal new details about Nike s-x discrimination lawsuit

Nike Stock Sinks to Lowest Level Since 2014 as Weak Sales Outlook Spooks Investors

What Happens if Mbappé Leaves Nike for Adidas?

Nike is struggling to stay culturally relevant in China

Nike’s disappointing guidance signals its turnaround is farther from finish line than we hoped

Wall Street loses patience with Nike as turnaround drags, China weakness deepens

Nike Pays Three C-Suite Lawyers $27.2 Million Amid Turnover

Nike agrees to pay Hong Seng Knitting workers after years of student protests

Former Facebook and Nike diversity manager gets 5 years in prison for $5 million fraud

Nike Faces Unprecedented Stock Plunge Amid Strategic Missteps

Nike’s business plan was a ‘ticking timebomb,’ shareholder lawsuit says

Nike Faces Amended Securities Fraud Case

Nike cuts 1,400 roles in second round of layoffs this year


Karthik hates radio!!!

Wow, this article triggered me! Why? For decades radio measurement was exclusive to Arbitron. Much like Nielsen, they were considered a monolopy. The thought of Nielsen one day buying Arbitron thus hoarding both TV/Radio measurement was unheard of...until it wasn't. As digital became pervasive, and the TV landscape started to change at a drastic rate with streaming...somehow the gov't was convinced Nielsen buying Arbitron would be a good thing. But for who? Not us employees, either Arbitron or Nielsen. I was on the TV side during this buyout and basically overnight we were ordained radio "experts" with full responsbility of managing all client contracts and relationships. Middle mgt and finance didn't give a cr-p how you pulled it off...as long as you kept that money coming in. Basically double the work for the same compensation. It was a nightmare One of the reaonons I eventually burned out. I can only imagine how hard it was as well for the Aribtron folks now having to listen to Nielsen mgt BS. Anways, seems none much has changed. Read the article.

https://barrettmedia.com/2026/05/11/nielsen-ceo-karthik-rao-radio-promise/


This is what they are watching

I am expecting more layoffs. I have no insider info. I feel that they are going to keep pushng in the same direction. This means job cuts.

Lookat the stock price. It has gone up several times over since 2023, and guess what else started happening around then? The employee count began dropping hard. That is not a coincidence.

The stock price is what they are watching. it's not our frustration stress & complaints. Not our objections to RTO. Not 100s of posts about loyalty. Nah, not workload too. None of that matters when the number they care about keeps moving in the direction they want.

And now they are starting to believe AI can make human labor worth less than it is today. I hope that is wrong. I really do. I am almost certain it will not. But it sure feels like that is where this is headed.


More for Him, Less for Everyone Else: Five Years of Waters Corporation

Since Udit Batra took over as President and CEO of Waters Corporation in September 2020, his total compensation has risen approximately 146% - from $5.7 million in his first partial year to $14 million in 2025 - while the company’s financial performance has largely stagnated. Revenue grew modestly from $2.37 billion in 2020 to $2.96 billion in 2024, a rise of around 25%, and net income actually declined from its 2022 peak of $708 million to $638 million in 2024. The most glaring disconnect came in 2023–2024, when earnings were flat to negative yet Batra received a 27.6% pay increase. Over the same period, the company’s workforce has shrunk. After growing to a peak of 8,200 employees in 2022, Waters cut roughly 328 jobs in a formal 2023 layoff round - approximately 4% of global headcount - and has continued to shed staff, ending 2024 at 7,600 employees, a net reduction of around 700 from the peak and below where the company stood when Batra arrived. Batra himself has cited the headcount reductions as a management success, pointing to flatter org structures and tighter spans of control, while employee reviews describe a culture of ongoing layoffs, increased workloads, suppressed pay, and leadership disconnected from the workforce. In sum, Waters under Batra presents a picture of a CEO whose compensation has substantially outpaced both the company’s financial results and the fortunes of its employees.​​​​​​​​​​​​​​​​


Happy Monday!

Just wanted to give the proper hello to rhe worst CEO and human being in Chevron History, MW. Also a hello to the worst CIO in Chevron history that is destroying his fellow American IT personnel to pad his pockets. What kind of people have so little loyalty to their country and community they happily sacrifice them for themselves? Terrible humans. They DO NOT HAVE to act this way. No law says they have to. For those defending these people, a few extra pennies of dividend in your retirement fund at thr cost of laying off people in your community is not Wirth it. Its absolutely wirthless! You dont have enough in your account to make a difference. Now to head out to take an MW!


More RIFs coming - Evaporation of F5 Culture

HR leaders are confirming the new reality. F5 is trading years of expertise for these external "strategic" hires. Long-term employees across various departments are just being phased out with no announcement or acknowledgment of what they built. Agencies are now reaching out for positions that don’t even appear vacant or aren't posted on the F5 Careers site. These roles are being backfilled by people with zero history regarding the tech or the culture. If you have high tenure, your experience is a liability now instead of an asset. "Human-First" looks great on a slide deck, but it’s taking a backseat to margin targets while the culture evaporates in real-time.

Has anyone else noticed colleagues just going silent? Is there anyone you haven't heard from in a while, even if they're still showing up in the directory?


South Jersey layoffs

Danone North America PBD expects to close its Bridgeton factory Aug. 4, according to a notice filed with the New Jersey Department of Labor & Workforce Development.

https://www.courierpostonline.com/story/money/business/2026/05/11/danone-north-america-bridgeton-plant-closing-layoffs/90027192007/


Quinte Health Layoffs Draw Unifor Protest

Unifor members protested recent job cuts at Quinte Health. Quinte Health announced the elimination of 59 Personal Support Worker and Health Care Aide positions. These layoffs affect Belleville General Hospital and Trenton Memorial Hospital. The union states these cuts will further strain the health care system. Unifor plans further action to defend public health care services.

Belleville, Ontario

https://www.unifor.org/news/all-news/unifor-health-care-workers-protest-hospital-layoffs-quinte-health

Quinte Health |


Hartbeat Faces Layoffs and Internal Strife

Kevin Hart's media company, Hartbeat, faces significant internal challenges. A recent report details layoffs, lawsuits, and executive shakeups. The company, once valued at $650 million, has downsized. Kevin Hart finalized a deal with Authentic Brands Group this January. This agreement reportedly caused employee concerns regarding the company's future.

https://www.tmz.com/2026/05/11/kevin-hart-company-drama-amid-sale/


Is anybody else surprised there haven’t been more cuts already?

The way everything was announced before the whole thing started made it sound like people would be getting cut nonstop for months. That so far hasn't been the case. I’m definitely not complaining, I’m just surprised and wondering if something changed behind the scenes.


Children's Institute Announces 34 Layoffs After URochester Contract Ends

The Children's Institute will lay off 34 employees. This follows the University of Rochester's decision to end its leased employee relationship. A WARN notice was filed with the New York State Department of Labor. The layoffs are scheduled to begin on June 30. The university stated the Institute now operates with greater independence.

Rochester, New York

https://www.whec.com/top-news/childrens-institute-to-layoff-34-jobs-following-contract-split-with-urochester/