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Packaging Corp. of America plans to close a Richmond converting operation. This closure will result in 110 employee layoffs. Most affected employees will lose their jobs by early June. The company cited a difficult business decision for the action. PCA will offer support and transfer assistance to affected workers.
Richmond, Virginia
https://virginiabusiness.com/packaging-corp-america-layoff-chesterfield-plant/
CoStar Group conducted another round of layoffs at its Richmond headquarters. These job cuts impacted employees on its Homes.com platform. The company cited advanced AI technology deployment as the reason for the reductions. This marks the second major layoff event in less than a year for the real estate technology firm. CoStar's stock price has recently declined significantly.
https://www.wtvr.com/news/local-news/costar-layoffs-richmond-feb-18-2026
https://www.wtvr.com/news/local-news/costar-layoffs-richmond-feb-18-2026
Says it hit homes.com
RPS Superintendent Jason Kamras shared his proposed budget cuts Thursday ahead of what he says will be a "difficult budget year," including 50 layoffs and ending summer school for K-8 students.
https://www.wtvr.com/news/local-news/rps-budget-cuts-kamras-recommendations-jan-22-2026
CarMax is moving forward with large-scale layoffs that will hit its corporate workforce, particularly in the Richmond region. The job cuts represent a notable downsizing of the company’s corporate operations. Workers based in CarMax’s corporate offices near Richmond are bearing the brunt of these reductions as the company restructures and looks to control costs.
https://www.wtvr.com/news/local-news/carmax-layoffs-jan-14-2026