#workforcereduction

Acrisure is laying off 2,250 employees. The layoffs reduce the company's workforce by 11%. CEO Greg Williams announced the cuts in a letter to employees. The decision is driven by advancements in artificial intelligence. Layoffs began Wednesday and will continue into next year.

https://www.fox17online.com/news/local-news/grand-rapids/acrisure-to-cut-2-250-jobs-amid-rise-in-artificial-intelligence

Isn’t it unwise to be hiring summer interns while laying off experienced employees left and right? If we need to cut costs, shouldn’t we start with interns, who are a net drain on resources?

The purpose of an internship program is to build a pipeline to hire entry level workers. Are we really going to hire entry level workers? Isn’t AI going to do all the entry-level work? Even if we are going to hire entry level workers, is it necessary to recruit them prior to graduation? There are thousands of them desperate for jobs.

I feel sorry for students right now, but does it make sense to spend time and money on an internship program?

Workers anticipate increased job stress. This stress is projected for the year 2026. Fears of potential layoffs contribute to this anxiety. The rise of artificial intelligence also plays a role. These concerns are impacting the workforce.

https://www.usatoday.com/videos/money/economy/2026/05/21/job-stress-surges-in-2026-as-workers-fear-layoffs-and-ai/90194523007/

The Greene County Director of Schools made a statement. The statement concerned recent layoffs. The Director described these layoffs. They were characterized as not abnormal.

https://www.wjhl.com/video/greene-county-director-of-schools-says-layoffs-aren%E2%80%99t-%E2%80%98abnormal%E2%80%99/11812059/

Intuit exceeded financial estimates for its third quarter. The company announced a significant reduction in its employee count. The CEO said artificial intelligence did not cause the layoffs. The reason was to create a more agile and efficient organization. The company increased its financial outlook for fiscal 2026.

https://www.barrons.com/articles/intuit-earnings-stock-price-layoffs-a96cfca9

Two New Jersey employers filed notices for significant workforce reductions. Acme Markets plans to cut 115 positions at its Edgewater location. The supermarket announced it is closing on August 15. Barclays PLC will reduce 64 employees at its Whippany facility. These job reductions are effective starting in August and September.

Edgewater, New Jersey

https://www.nj.com/business/2026/05/179-more-nj-jobs-cut-as-supermarket-and-bank-file-layoff-notices.html

https://www.businessinsider.com/list-companies-replacing-human-employees-with-ai-layoffs-workforce-reductions

In other words, we need to get rid of some people, let's find out who does what and how to do that.

Any idea when the next round is? This is a layoff blog,

https://x.com/TheLayoff/status/2056862351513866483

https://ticotimes.net/2026/05/17/amazon-carries-out-new-round-of-layoffs-in-costa-rica

I lost count of how many layoffs have happened in the past 8 years. Today's is the worst. Our already skeleton crew was cut in half. All of us are already over worked. This place is going to be a disgruntled sweatshop in day or 2. And they layed of the folks with a future. 3 of us are close to retirement and informed our managers that a layoff would be welcome for us. Nope, they skipped us and went for younger generation. Who is going to carry this company forward? NetApp... where stupid thrives.

Silent layoffs of big amount of senior engineers

24 fired, 84 stays

If you are affected please post your org and years of service

Crypto exchange Kraken recently laid off approximately 150 employees. The company cited increased efficiencies from deploying artificial intelligence. These staff reductions could delay its planned US initial public offering. Kraken now reportedly aims for a public debut in 2027. Other crypto firms also cut jobs this year, often citing AI use.

https://www.tradingview.com/news/cointelegraph:b71f2d6f4094b:0-kraken-cuts-150-staff-amid-ai-efficiencies-potentially-delaying-ipo-report/

Over 5,100 workers faced layoffs across the U.S. supply chain sector. These job cuts affected logistics, manufacturing, and transportation companies. Major employers like FreshRealm, GEODIS, Ryder, and DSV announced significant reductions. Reasons included restructuring, contract losses, and softening industrial demand. Layoffs spanned at least 20 states, impacting various facility types.

https://finance.yahoo.com/economy/articles/more-5-100-freight-related-110000455.html

General Motors recently reduced its IT workforce. The company cut approximately 600 salaried positions. This move is part of a deliberate skills exchange. GM is now hiring for AI-focused IT roles. The automaker seeks professionals to build AI systems from the ground up.

https://www.indexbox.io/blog/gm-and-automakers-reshape-workforces-with-ai-focused-hiring-and-layoffs/

Forty-three union members faced layoffs last Friday. These workers are from LIUNA Local 846. They were employed on the Chickamauga Lock replacement project. The members were instructed not to return to work. They await further instructions regarding their employment.

Chickamauga, Tennessee

https://www.timesfreepress.com/news/2026/may/15/community-voice-contractor-layoffs-misplace-blame/

Visual Concepts, known for WWE 2K and NBA 2K, has conducted numerous layoffs. Several former employees announced their job losses on LinkedIn. A software engineer, Brittany Thibodeaux, confirmed many staffers were let go. Game designer Nina Marotta was laid off while on sick leave. The article does not specify the total number of affected employees or a reason for the layoffs.

https://www.psu.com/news/visual-concepts-has-reportedly-been-hit-by-layoffs/

51 switch positions in the NorthEast are being forced into the union. Supposedly those people will have to bid for their current positions. This eliminates the need for current VZB techs to have to go to the switch locations for work.
Rumors have it that current VZB techs can bid on those positions as well, thus having those VZW techs to end up RIFd

~89,900 total headcount. Seems like DAN need only one person to do all the operation ( Dan - 89,900 ) = DAN so Dan single handlely will work for Verizon and will make customer focused company by being bold. 🌅🌄

There’s been a lot of speculation lately around the company’s direction — reduced benefits, PTO changes, restructuring, workforce reductions, and broader efforts to improve financial performance have naturally fueled conversations about potential strategic moves. Acquisition rumors around NetApp aren’t new and seem to resurface every few years, but the current environment has people paying closer attention than usual.

From my perspective, the bigger concern is long-term growth and leadership’s ability to scale the business meaningfully beyond its current trajectory. With another round of layoffs expected next week followed closely by earnings, it’s understandable why employees and investors are reading into the timing and looking for signals about what may come next.

Byron Allen recently discussed layoffs within his media division. He described these workforce reductions as "thoughtful" and "humane." Allen attributed the changes to shifts in the broader media business. He stated the economy improved, offering new jobs for those let go. Allen Media Group also sold several local TV stations last year.

https://thedesk.net/2026/05/byron-allen-comments-about-layoffs/

I am waiting for the count to be < 5 soon

This morning’s Town Hall included a quick reference to 1500 roles/teammates will be impacted around 8/1 or 9/1. That is about 48% of RMO. Anyone else hear the same or have any details?

How many employees are left?

BioMarin Pharmaceutical is implementing workforce reductions. The company will eliminate 58 jobs. These cuts are at Amicus Therapeutics' Princeton headquarters. The layoffs are scheduled from August 7 to October 30. The action stems from BioMarin's acquisition and overlapping roles.

Princeton, New Jersey

https://njbiz.com/biomarin-cuts-amicus-jobs-princeton/

Cisco Systems announced layoffs affecting fewer than 4,000 employees. This reduction represents less than 5% of its total workforce. The company reported a record quarterly revenue of $15.8 billion. Cisco is reallocating investments towards artificial intelligence priorities. The restructuring program is expected to cost approximately $1 billion.

https://www.peoplematters.in/news/strategic-hr/cisco-announces-5percent-layoffs-while-posting-record-dollar158-billion-revenue-49730

Verizon announced new layoffs affecting several hundred U.S. employees. These cuts follow a larger reduction of 13,000 roles less than six months ago. The company aims to achieve $5 billion in operating expense cuts by 2026. This restructuring is part of a broader strategy for cost savings and efficiency. Verizon also reported strong first-quarter growth and expanded its fiber network.

https://www.zacks.com/stock/news/2921385/verizon-announces-new-layoffs-as-cost-cutting-continues-into-2026

Around 150-60 been impacted
45% of those are band 6 rest 55% were engineer 1,2,3 . Realistically if we include all those folks who got moved to NRB and Wireless operation teams then realistically the count is 200+

Walmart will reduce its workforce by about 1,000 people. The company's corporate staff faces these reductions. Store workers are not included in this round of layoffs. Major job reductions target corporate offices in Arkansas and California. Local Walmart store positions are mostly secure.

Bucks County

https://www.phillyburbs.com/story/news/local/2026/05/13/walmart-layoffs-arkansas-are-stores-affected-pa/90058151007/

Cisco announced another wave of mass layoffs this week. The company plans to cut fewer than 4,000 jobs. This amounts to less than 5% of its total workforce. This decision comes despite Cisco reporting a record revenue of $15.8 billion. The company is shifting investments toward artificial intelligence.

San Jose, California

https://www.sfgate.com/bayarea/article/cisco-layoffs-bay-area-22257875.php

https://blogs.cisco.com/news/our-path-forward

KPMG is laying off over 500 staff in its UK operations. The cuts primarily affect 440 assistant manager roles in the audit business. An additional 120 positions will be eliminated from the advisory arm. KPMG attributes these reductions to low attrition rates and market conditions. The firm previously over-hired during a post-lockdown demand surge.

United Kingdom

https://www.consultancy.uk/news/43655/kpmg-to-shave-more-than-500-roles-from-uk-headcount

Tire manufacturer Goodyear announced plans to close its Fayetteville, North Carolina plant. The closure is expected by the end of 2027. Approximately 1,700 hourly and salaried positions will be affected. Goodyear stated this action is necessary to strengthen its market competitiveness. The company aims to support the long-term health of its business.

Fayetteville, North Carolina

https://spectrumlocalnews.com/nc/charlotte/news/2026/05/13/1-700-layoffs-possible-as-goodyear-eyes-closing-n-c--factory

LinkedIn plans to cut about 5% of its global workforce. This reorganization will eliminate approximately 875 positions. The company aims to shift focus toward growing business areas. AI automation is not the reason for these specific headcount reductions. Microsoft, LinkedIn's owner, has also made recent workforce reductions.

https://qz.com/linkedin-layoffs-workforce-reduction-reorganization-051326

8 teams and their 2-up let go in Montana, total of 75 employees

https://qz.com/linkedin-layoffs-workforce-reduction-reorganization-051326