#layoffs

Posts mentioning hashtag #layoffs

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Virtex Closes Wisconsin Plant, 91 Employees Laid Off

Virtex is an electronics manufacturer. The company is based in Texas. It plans to close its Menomonee Falls plant. This closure will affect 91 jobs. The Menomonee Falls plant will cease operations.

Menomonee Falls, Wisconsin

https://www.bizjournals.com/milwaukee/news/2026/04/30/virtex-menomonee-falls-warn-closure.html


Ryder Logistics Reduces Green Bay Staff After Contract Loss

Ryder Integrated Logistics will lay off 151 employees. These layoffs affect two facilities in Green Bay, Wisconsin. The company's customer contract was not renewed. Affected employees will cease Ryder employment on June 30. A new provider plans to operate the sites and retain staff.

Green Bay, Wisconsin

https://www.nbc26.com/greenbay/ryder-to-lay-off-151-green-bay-employees-after-contract-ends


Cboe Reduces Staff for Core Business Focus

Cboe Global Markets is eliminating approximately 20% of its workforce. This restructuring aims to focus on core exchange businesses. Approximately one in five employees received layoff notices Friday. The company is also selling its Canadian and Australian operations. This realignment is expected to save $20 to $25 million in 2026.

https://qz.com/cboe-layoffs-workforce-reduction-core-businesses-050126


Ysleta ISD Considers Layoffs Amid Enrollment Drop, Tax Vote

Ysleta Independent School District faces a significant budget deficit. Superintendent Xavier De La Torre is considering future layoffs for 2027. This possibility stems from declining student enrollment and state funding losses. The district hopes a November tax ratification election will boost revenue. YISD previously offered separation incentives, with 160 teachers accepting.

El Paso, Texas

https://elpasomatters.org/2026/04/30/ysleta-yisd-vatre-tax-ratification-election-layoffs-enrollment-teacher-attrition/


Harrisburg Jewish Group Faces Layoffs

The Harrisburg Jewish Federation faces financial difficulties. Its campus operations are no longer sustainable. This situation will result in upcoming layoffs. The organization must address its viability. Employee reductions are anticipated soon.

Harrisburg, Pennsylvania

https://www.abc27.com/video/harrisburg-jewish-federation-campus-unsustainable-layoffs-loom/11750400/


Two bad years for two big firms

Portland experienced a significant job decline in 2025. This loss is largely attributed to struggles at Intel and Nike. Intel announced 4,500 layoffs, and Nike announced 740 layoffs. These job cuts stem from internal company decisions and market challenges. The article argues these issues, not local business climate, caused the decline.

Portland, Oregon

https://cityobservatory.org/two-bad-years-for-two-big-firms/


Contra Costa District Rescinds Majority of Layoff Notices

More than half of classified layoff notices were rescinded. Contra Costa Community College District officials made this decision. They aim to stabilize the budget and limit employee impact. Specifically, 69 of the 120 initial notices have been withdrawn. However, many employees still face ongoing job uncertainty.

Contra Costa County, California

https://lmcexperience.com/news/2026/04/30/layoffs-partially-reversed/


PPS Layoffs Loom; Governor Blocks Access to State Fund

Portland Public Schools faces a $56.3 million budget deficit for the upcoming year. Superintendent Dr. Kimberlee Armstrong proposes 336 full-time employee layoffs, including 180 educators. The district and its teachers union urge the state to tap a $1 billion Education Stability Fund. However, Governor Tina Kotek and the Legislature are not interested in releasing these reserve funds. Declining enrollment, high pension rates, and increasing personnel costs contribute to PPS's budget woes.

Portland, Oregon

https://www.wweek.com/news/schools/2026/04/30/calls-to-tap-state-education-reserves-continue-as-pps-proposes-hundreds-of-layoffs/


Layoff running totals based on Slack

Tracking participants count #general Slack channel in Oracle One workspace, as the fastest available proxy indication of ongoing layoffs.

  • apr01-apr30: 2286 reductions, and 1583 additions (based on Slack regular tracking)
  • mar01-mar31: 12446 reductions, and 844 additions (based on Slack regular tracking)
  • feb01-feb28: 943 reductions, and 1143 additions (based on Slack regular tracking)
  • jan01-jan31: 1604 reductions, and 1834 additions (based on Slack regular tracking)
  • dec01-dec31: 1031 reductions, and 844 additions (based on Slack regular tracking)
  • nov01-nov30: 1614 reductions, and 1327 additions (based on Slack regular tracking)
  • oct01-oct31: 2504 reductions, 1762 additions (based on Slack regular tracking)
  • sep02-sep30: 6275 reductions, 861 additions (based on Slack regular tracking)
  • aug14-sep01: 733 reductions (based on Slack very few data points)
  • aug01-aug14: ?2900 reductions in IDC (based on media reports)

Regions outside IDC and NA usually have a significant delay when laid off people are disconnected from Slack (e.g. 1 month in Pacific regions, perhaps longer in some EU countries), so this is a floor estimate with additions reflected immediately, but reductions lagging behind on average.

What is called "layoff estimates" are partially part of normal attrition, limitations are covered in details in comments.

I will post daily in comments on the count change and running current month total while this post is still on the first page.


NIKE needs a REVOLUTION

I am afraid that laying off people here and there won't cut it.

Sh-t started going down on last years of MP
And 3 or 4 years of JD's sh-t
And 18 months of EH feeble efforts.
That means that Nike has been on downward slide for 7 to 9 years.

And pandemic's boost made d-mb JD a distorted view of reality, leading or not leading to cliff that we are experiencing.

EH's small scale effort will not change anything. He can layoff until he is the last one left. We might as have same or better result praying and knocking on the woods!!!


Widespread Panic

can one of the origional posters about the mass layoffs before may 1 please provide an update on what you know? Tomorrow is May 1. Should we assume we will he laid off in the morning? Or has this been canceled? I have also spent alot of time online trying to find out about the WARN notice and everything I have found says that Sunrun has not filed a WARN notice I'm the month of april.


Anyone here with layoff info?

If you do not believe that layoffs are coming, then just scroll past.. do not have to respond it saying fake news..

I want to hear from someone here if anyone has first hand info on layoffs.. which orgs are being targeted and is it targeting individual contributors or managers or evenly distributed


Career progression in Iinfineon - Dead End finished by layoff

The career progression is like this: You work to improve yourself over 25 years in semiconductors. You will become an expert who can resolve all special taks. save money, improve yield and make projects successfull. Everybody is happy, but.....the salary increases over years......Finally they will lay you off because your salary is too high, higher than graduate´s salary. Managment does not understand that what moves the company forward is the technical experties and speed. It is not important anymore, what only matters are cheap incompetent graduates who are asap hired mainly from none technical fields because they are cheaper than graduates from technicial fields. All slows down, projects slow downs or crash, problems remain unresloved, yield is terrible, customers lots..... Well seniors are fired and youner ones cannot cope with it.... Solution? They repeat the same mistakes over and over.....Perhaps the company shall be renamed to "Inferno Hindmalay Semiconductors Technologies GmbH".


Texas trails other states in AI jobs amid layoffs

Texas lags in artificial intelligence job growth despite high salaries. A study ranked Texas 36th nationally for AI job listings. Oracle Corp. laid off over 25,000 employees recently. These job cuts are tied to AI investments and company reorganization. Other major tech companies also reduced staff due to AI implementation.

Austin, Texas

https://www.statesman.com/business/technology/article/ai-layoffs-salaries-texas-22215699.php


Cognizant Reduces Workforce by 4,000 for AI Shift

Cognizant Technology Solutions plans to cut approximately 4,000 jobs. This represents about one percent of its global workforce. The company is shifting towards automation and artificial intelligence. It also launched Project Leap to invest in AI and digital capabilities. This marks the second round of layoffs under CEO S Ravi Kumar.

https://www.cnbctv18.com/education/cognizant-plans-4000-job-cuts-amid-ai-push-launches-project-leap-ws-l-19896374.htm


Vertex Cuts 170 Jobs for AI Focus

Vertex plans to lay off 170 employees. This decision supports a strategic shift. The company aims to become AI-first. CEO Christopher Young announced the change. The layoffs are part of this AI transition.

Philadelphia, PA

https://www.bizjournals.com/philadelphia/news/2026/04/29/vertex-lays-off-9-of-workforce.html


AI-mad Verizon to continue with cuts after CEO's jobs warning Verizon CEO Dan Schulman has now completed the 13,000 layoffs

#AI-mad Verizon to continue with cuts after CEO's jobs warning
Verizon CEO Dan Schulman has now completed the 13,000 layoffs he promised last November, but more could lie ahead. [ Lightreading 📰].

Iain Morris,International Editor,Light Reading — April 30, 2026

Company bosses occasionally praise their employees in public and note the importance of talent. That doesn't quite ring true when they are cutting thousands of jobs, as many are, which might partly explain why lauding AI is now much more fashionable. Attributing job cuts to the solid efforts of the new AI recruit, which bosses have anthropomorphized by saying it is an "agent" or does "reasoning," is even trendier.

It's quite a turnaround from a few years ago, when linking #automation, let alone AI, to job losses was as taboo as nudity in the workplace. No, no, managers frowned, new tech will merely liberate workers from drudgery and provide time for more satisfying pursuits. This was obviously before generative #AI (GenAI) threatened to liberate content creators from creating content so they could spend more time cleaning laptop screens or making tea – until GenAI turned out to be a duff substitute prone to mendacity.

Regardless, investors, if not employees, like the sound of a super-lean and highly profitable company run by AI rather than people. Fearful of missing out on a new tech bonanza, authorities have stopped worrying about the risks and jumped. Suddenly, the hallucinating software developed by a strange cult of effective altruists is being foisted on the world's population by governments and companies of all types. No longer taboo, the linkage between #AI and #joblessness has been normalized in that process.

Into this maelstrom stepped Dan Schulman on October 6 last year, when he was appointed CEO of Verizon, one of the biggest telecom operators in the US (and, therefore, the world). It has been a major US employer, with more than 180,000 members of staff back in 2012. Yet by the time Schulman joined, just 100,000 were left after multiple rounds of restructuring and #layoffs.

Schulman's Verizon shrank even more rapidly during his first three months in charge and already seems to feature more agents than The Matrix. It's "where we have agent-building capabilities," was how he described part of Verizon's AI tech stack to equity analysts on the company's earnings call this week. Another layer "is where we deploy agents," he continued. The cost cutting looks set to go on.

'Never send a human to do a machine's job'

In the last decade, most of the job losses at #Verizon have had very little to do with AI and almost nothing to do with its generative version, which did not even exist until around three-and-a-half years ago, when the company was already down to fewer than 120,000 employees. Even so, another 30,000 had disappeared by the end of last year, including about 10,000 since Schulman took over. In November, he had warned staff of plans to cut 13,000 jobs. All those now seem to have been cut. "We're running leaner with the 13,000 reduction behind us," said Tony Skiadas, Verizon's CFO, on the earnings call.

https://www.lightreading.com/ai-machine-learning/ai-mad-verizon-to-continue-with-cuts-after-ceo-s-jobs-warning


Wren Kitchens Sued After Abrupt Job Terminations

A lawsuit has been filed against Wren Kitchens. This legal action follows recent mass layoffs. The company's job cuts were reportedly abrupt. The lawsuit addresses these sudden terminations. Affected employees were located in Northeastern Pennsylvania.

https://www.audacy.com/wilknews/news/local/lawsuit-filed-against-wren-kitchens-over-abrupt-mass-layoffs-in-nepa


Saks Global Cuts Corporate Staff

Saks Global is reducing its corporate headquarters workforce. The company is cutting 16 percent of these positions. This action impacts approximately 640 workers. These layoffs reflect an optimized operational footprint. Saks Global filed for Chapter 11 bankruptcy earlier this year.

New York, New York

https://wwd.com/business-news/retail/saks-global-sets-more-layoffs-at-corporate-office-1238935066/