#workforcereduction

Sports Illustrated conducted new layoffs on Friday. Around 10-15 people were affected by the staff reductions. Prominent writers like Mike Rosenberg, Greg Bishop, and Stephanie Apstein were among those cut. The outlet continues to face ongoing financial turmoil. Its current owner, Minute Media, reportedly plans global workforce reductions.

https://nypost.com/2026/05/29/sports/sports-illustrated-lays-off-several-of-its-longtime-writers/

Spirit Airlines recently laid off employees. A total of 653 staff members were affected. These employees were based in Atlanta. The layoffs followed the airline's recent shutdown. This action impacted Atlanta's job market.

Atlanta

https://www.bizjournals.com/atlanta/news/2026/05/29/spirit-airlines-closure-laid-off.html

Many companies rushed to replace employees with AI, but the reality is that advanced AI tools like Claude and others can become expensive at scale and still require human oversight. It wouldn't be surprising if organizations start correcting course and increase hiring again. The best results often come from AI assisting employees, not completely replacing them. The next few years may see many companies finding a better balance between technology and human talent.

Standard Chartered CEO Bill Winters is facing backlash after telling reporters the bank plans to replace "lower value human capital" with AI.

The phrase immediately sparked criticism, with many interpreting it as a reference to employees whose jobs may be automated. While Winters later apologized and said he was referring to workplace transformation rather than the value of workers, the comment has continued to circulate widely on social media.

The controversy highlights a growing tension across industries as companies accelerate AI adoption. Workers are increasingly concerned that executives view AI primarily as a cost-cutting tool, while leaders argue that automation will improve efficiency and reshape job responsibilities.

Regardless of intent, the phrase "lower value human capital" struck a nerve. For many employees already worried about AI-driven job displacement, hearing senior leadership discuss workforce changes in those terms reinforces concerns about how companies view their people.

As banks and other large employers continue investing heavily in AI, expect greater scrutiny of both workforce reduction plans and the language executives use when discussing them.

Was this simply a poor choice of words, or an honest glimpse into how some executives view employees in the AI era?

Amdocs prepares major layoffs as new CEO launches sweeping reorganization

Calcalist Tech

May 28, 2026

Amdocs is reportedly preparing to cut approximately 7%-10% of its global workforce, including hundreds of employees in Israel, as part of a broad restructuring led by newly appointed CEO Shimie Hortig.

https://www.calcalistech.com/ctechnews/article/u4qmp07cv

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Amdocs is preparing for a wave of layoffs, hundreds of them in Israel

Ynet News

May 28, 2026

The company is reportedly planning layoffs affecting 7%-10% of its workforce worldwide, with hundreds of positions expected to be eliminated in Israel during a major organizational overhaul.

https://www.ynetnews.com/business/article/rkmsy2hggg

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Amdocs to lay off 3,000 employees

Globes

May 28, 2026

Globes reported that Amdocs intends to reduce its global workforce by about 10%, potentially affecting around 3,000 employees, including hundreds in Israel.

https://en.globes.co.il/en/article-amdocs-to-lay-off-3000-employees-1001544263

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Black Thursday: Israeli tech reels as Wix, Amdocs, Rapyd and SentinelOne cut jobs

Calcalist Tech

May 28, 2026

Amdocs was cited as one of several major Israeli tech companies undertaking substantial workforce reductions, with reports indicating roughly 3,000 job cuts tied to restructuring and AI-related transformation efforts.

https://www.calcalistech.com/ctechnews/article/rko5kglegx

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Amdocs to trim global workforce by 10%?

HRKatha

May 29, 2026

HRKatha reported that Amdocs is preparing a workforce reduction of 7%-10% under its new leadership as part of a restructuring initiative aimed at streamlining operations and supporting future growth.

https://www.hrkatha.com/uncategorized/amdocs-to-trim-global-workforce-by-10/

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Amdocs Layoffs: Software Giant to Cut 7% to 10% of Global Workforce Amid Strategic Restructuring and Leadership Change

LatestLY

May 29, 2026

Amdocs is reportedly planning to eliminate 7%-10% of its 29,000-person workforce as part of a company-wide redesign under new CEO Shimie Hortig.

https://www.latestly.com/technology/amdocs-layoffs-software-giant-to-cut-7-to-10-of-global-workforce-amid-strategic-restructuring-and-leadership-change-7450344.html

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Amdocs Set to Cut 1,500-3,000 Jobs in New Round of Layoffs

TrueUp

May 2026

The layoff tracker reported that Amdocs is expected to eliminate between 1,500 and 3,000 positions globally during its latest restructuring effort.

https://www.trueup.io/co/amdocs/layoffs

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Amdocs Layoffs 2026 - 2500 Jobs Cut

Layoff Hedge

May 29, 2026

The report estimates roughly 2,500 job losses at Amdocs, citing workforce reductions of 7%-10% tied to reorganization and AI-focused changes.

https://layoffhedge.com/company/amdocs

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Amdocs Layoffs Mark Another Major Tech Workforce Reduction in 2026

LatestLY

May 29, 2026

The article highlights Amdocs as one of the larger technology employers announcing significant workforce reductions amid broader industry restructuring.

https://www.latestly.com/technology/amdocs-layoffs-software-giant-to-cut-7-to-10-of-global-workforce-amid-strategic-restructuring-and-leadership-change-7450344.html

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Amdocs Layoffs Discussed Across Industry Workforce Tracking Platforms

Various Workforce Tracking Outlets

May 2026

Multiple layoff monitoring platforms reported that Amdocs' restructuring could impact thousands of employees, making it one of the more significant technology-sector workforce reductions announced in May 2026.

https://www.trueup.io/co/amdocs/layoffs

https://www.thelayoff.com/h/institutionalknowledge --- You can pull comments that are tagged with whatever hashtag you find. The last line of each post lists the company the post is under. You will see A LOT of large company names under the #institutionalknowledge hashtag. Same idea with this: https://www.thelayoff.com/h/badleadership

Anyone know if there will be new layoff rounds in June? Hearing rumors that layoffs could become a quarterly occurrence. Any insight on whether there might be cuts next week, and if they would be concentrated in STS or spread across multiple organizations?

What’s the latest buzz about the apparent mass SC exodus in EMEA?

Is this another round of layoffs, or is it simply frustration finally boiling over under the always-smiling RL? Rumor has it that a few feathers were ruffled during a recent partner roadshow in India, along with some interesting interactions involving colleagues along the way.

What’s particularly intriguing is that there don’t seem to be many people left to let go anyway. Most have either already left or are quietly waiting for a generous severance package so they can move on happily.

At this point, it feels less like a workforce strategy and more like a waiting game for employees and a losing game for Appian.

Perella Weinberg Partners is reducing its workforce. The firm is cutting 10% of its staff, including 12 partners. This follows a 91% drop in net income during the first quarter. Concurrently, PWP is acquiring Gleacher Shacklock, a British bank. This acquisition will add up to eight senior bankers in London.

London, United Kingdom

https://www.efinancialcareers.com/news/pwp-cuts-tim-shacklock

The Los Angeles Lakers and Portland Trail Blazers recently implemented layoffs. These workforce reductions impact both NBA franchises. The Portland Trail Blazers reportedly laid off 70 employees. This decision is linked to ownership's cost-cutting measures. The changes will affect the teams' future operations.

Portland, Oregon

https://sports.yahoo.com/videos/ramifications-lakers-front-office-layoffs-181247244.html

The author criticizes tech CEOs for mass layoff decisions. He argues against replacing employees with artificial intelligence. The article highlights flaws in current leadership strategies. Many leaders are misguidedly following this layoff trend. The author urges a reevaluation of these workforce reduction tactics.

https://www.inc.com/joe-procopio/the-flaws-in-mass-layoffs-for-ai-productivity-are-beyond-obvious-now/91351132

Fidelity Investments reduced staff at its Covington facility. The company is realigning its technology and delivery teams. This aims to better match skills with high-priority customer work. Roughly one percent of the workforce was impacted by these changes. Fidelity plans to hire many new engineering roles and thousands of other critical positions.

Covington, Kentucky

https://local12.com/news/local/fidelity-investments-layoffs-hit-covington-campus-employment-unemployment-jobs

Future plc has proposed significant editorial staff changes. The company plans 45 redundancies across its technology titles. These affected brands include Tom's Guide and Techradar. However, Future plc is also creating 15 new roles. This restructuring will result in a net reduction of 30 positions.

https://pressgazette.co.uk/news/journalism-job-cuts-in-2026-updates/

T-Mobile is implementing a digital-first strategy. This transformation includes ongoing employee layoffs. The company is also quietly closing some authorized retail stores. These store closures are resulting in further job losses. Some remaining locations are converting to premium Experience stores.

https://www.thestreet.com/retail/t-mobile-quietly-closes-stores-after-layoffs

Amdocs is preparing for a major global workforce reduction. This action is part of a broad company reorganization. The software giant expects to cut 7% to 10% of its total employees. New President and CEO Shimie Hortig is leading these changes.

https://www.calcalistech.com/ctechnews/article/u4qmp07cv

When do we think the next big layoff is going to be? So many reorgs happening rn

According to estimates, the move is part of a broader global round of cuts, with the Israeli operation expected to be affected as well. PayPal’s Israeli site currently employs between 200 and 250 workers, most of them data scientists and software engineers. In addition to cybersecurity systems, the local teams also develop core components of the company’s user experience and mobile applications.

https://www.calcalistech.com/ctechnews/article/hypw4t4eme

Asante is implementing a workforce reduction affecting approximately 250 employees. The initial round of layoffs is taking place this week. Rogue Workforce Partnership is organizing support services for these impacted workers. They are hosting Rapid Response sessions and a job fair in Medford, Oregon. These events will connect workers with resources for unemployment, health coverage, and career training.

Medford, Oregon

https://www.kdrv.com/news/local/rogue-workforce-partnership-supporting-affected-asante-workers-after-layoffs/article_0774695c-8d86-4380-97ea-cfb4ed1fc985.html

laying people off IO, two so far

UnityPoint Health and Wells Fargo announced new job cuts. UnityPoint Health announced 14 more layoffs in West Des Moines. Wells Fargo will cut 29 workers from its Jordan Creek campus. These reductions are part of ongoing workforce restructuring efforts. Both companies are implementing these layoffs in July.

West Des Moines, Iowa

https://www.desmoinesregister.com/story/money/business/2026/05/21/unitypoint-wells-fargo-layoffs-west-des-moines-jobs/90183200007/

We will be no exception. Make sure you're prepared for when it happens, because this will be one situation when finding something new will be nearly impossible, with all the workers flooding the job market.

Meta confirmed 671 Bay Area layoffs across three offices in its latest WARN filings with California officials after last week’s announcement that the company would cut around 8,000 jobs globally.

https://www.sfgate.com/tech/article/zuckerberg-meta-workforce-22269029.php

50% of new hires are from that country, American new grads cannot find a job, fk.

Not the usual "every other Tuesday" thing, but anything more substantial all of us should worry about?

The Rhode Island labor market has effectively stalled. This data comes from the DLT. A dual phenomenon persists in the state. Job growth has stalled. The workforce is diminishing.

https://www.bizjournals.com/rhodeisland/news/2026/05/21/ri-labor-market-stalled.html

Seems like there are big layoffs for tech, rx, all of the non-Optum health areas. Does anyone know if health or care will be impacted this week?

So looking at the current employee counts based on Annual Form 10-K filings it looks like T is about to shed $13K+ employees this rounds, and it will still be 40K employees more than VZ , Is the goal to be in line with the other Telcos or will they always have more?

CrowdStrike CEO is gutting measurers and layers because AI/bots do their “work” better. At our 8k employees: only 2k real workers + 2k indentured foreign servants from the third world. The rest are measurers su-king value.
Measurers’ only success: transferring wealth to the rich 1% by exploiting workers, hiding behind woke DEI religion. They’ll be replaced by agents, bots, and actual producers.
This bloat will be cut by top measures. Workers and bots generate revenue — measurers and visa servants just inflate costs and slow shiit down.

Measures are seeing the pre-layoff “career development” talks to quietly cut competition in working class and bring indentured servants from foreign countries

Intuit announced a 17% reduction in its full-time workforce. This cut affects approximately 3,100 positions. The restructuring is expected to incur $300 million to $340 million in charges. Intuit also reported strong fiscal third-quarter earnings and raised its full-year guidance.

https://qz.com/intuit-layoffs-workforce-reduction-ai-restructuring-052026

AbbVie announced 85 permanent layoffs at its Irvine, California, location. These layoffs will become effective on July 20. The affected positions are within the company's eye care business. This follows previous workforce reductions at the site in prior years. AbbVie acquired Allergan, including its eye care franchise, in 2019.

Irvine, California

https://www.fiercepharma.com/pharma/abbvie-plots-85-summer-layoffs-tied-allergan-aesthetics-workforce-california

WiseTech Global is cutting approximately 2,000 jobs. The company is reducing its global workforce by nearly 30%. The logistics software company attributes these reductions to AI capabilities. CEO Zubin Appoo stated manual coding is no longer the core engineering act. The stock market reacted positively, with shares jumping 11.1%.

https://cryptobriefing.com/wisetech-layoffs-ai-workforce-reduction/

Acrisure is implementing significant layoffs across its operations. The company will reduce its workforce by 11%. This impacts approximately 2,250 employees. Technology advancements, AI, and digital platforms are cited as reasons. The layoffs will begin this week and continue through 2027.

https://coverager.com/acrisure-announces-layoffs/

Spokane Public Schools anticipates significant staff reductions. Superintendent Adam Swinyard discussed potential layoffs with the board. The district may eliminate 150 to 500 jobs. Declining student numbers and state funding volatility are factors. Budget shortfalls persist even with a successful levy renewal.

Spokane, Washington

https://starlocalmedia.com/spokane-public-schools-faces-major-layoffs-regardless-of-tax-renewal/article_04d3de80-5e50-5af7-9866-1ba608937bf7.html

The company announced a 17% reduction in its global full-time workforce. This cut affects just under 3,100 employees worldwide.The changes aim to co-locate teams and reduce organizational complexity.

https://www.rgj.com/story/news/money/business/2026/05/21/intuit-shutting-down-reno-office-amid-global-layoffs/90198994007/

California aims to lead in artificial intelligence regulation. Experts warn AI will both displace and create jobs. Governor Gavin Newsom signed an executive order on Thursday. This order prepares the state for an AI-driven economy. It includes tracking job impacts, worker protections, and training programs.

https://abc7news.com/post/california-eyes-ai-regulation-gov-newsom-orders-new-workforce-protections-amid-job-shifts-mass-layoffs/19147015/

Sony Group Corp.'s Bungie unit plans significant layoffs. The company is ending development on its online sho-ter game Destiny 2. This game's development will conclude next month. No new project is currently lined up for the affected development team. Bungie does not plan immediate production on a Destiny 3.

https://www.bloomberg.com/news/articles/2026-05-21/bungie-plans-layoffs-after-ending-destiny-2-development

The question again is to what total number of employees are they shooting for? If it's 6000 or lower, there is plenty more to go.