Block revealed plans to reduce its workforce significantly. The company stated artificial intelligence tools enable a smaller, more effective team. Block shares rose sharply following the news. Conversely, the broader software sector experienced a... — read more 

New data shows layoffs decreased significantly in February. Challenger Gray & Christmas reported a 55% drop in job cuts. However, companies' hiring plans remain weak due to uncertainty. The technology sector continued to announce substantial job... — read more 

Block, Square's parent company, announced 40% workforce layoffs. Square's food and beverage division experienced significant staff reductions. Its head, Ming-Tai Huh, and many colleagues were among those let go. Restaurants using Square POS systems... — read more 

Oracle is considering laying off 20,000 to 30,000 employees. This aims to generate $8-10 billion for AI infrastructure. The company faces high costs from major AI client commitments like OpenAI. US banks have retreated from financing, doubling... — read more 

Morgan Stanley will reduce its workforce by three percent. Around 2,500 staff members will be affected. The firm aims for strategic restructuring and efficiency. This follows a similar workforce reduction in March 2025. Other financial firms have... — read more 

https://www.dispatch.com/story/business/employment/2026/03/04/rail-operation-rickenbacker-close-115-layoffs-parsec/88965960007/

Paramount is acquiring Warner Bros. Discovery in a major deal. The acquisition is valued at $111 billion. This merger is expected to result in thousands of layoffs. Paramount identified $6 billion in cost synergies. The deal is projected to close in... — read more 

Angi confirmed it is eliminating around 350 positions as part of a plan to cut operating expenses and optimize its structure. Officials said advancements in AI have helped enable the workforce... — read more 

Seventy-two people are slated for cuts. A WARN has already been issued, with layoffs effective April 21. At least it gives those impacted some time to prepare. Wishing the best to everyone affected. The job market is not exactly easy right now.

https://www.dailymail.co.uk/yourmoney/article-15597141/jack-dorsey-block-layoffs-ai.html "Jack Dorsey has axed thousands of workers at Block, the parent company of Cash App, Square and Afterpay, in a move signaling a major shift toward artificial... — read more 

No number out, but cuts have been reported. https://www.fiercebiotech.com/biotech/fierce-biotech-layoff-tracker-2026

Treasury yields are declining amid signs that U.S. employers are retaining workers. Weekly jobless claims rose to 212,000. This figure was below economists' expectations of 215,000. The 10-year yield fell to 4.039%. The two-year yield also declined... — read more 

Woburn-based Boston Metal is cutting 71 jobs after an industrial accident at its Brazil facility reportedly torpedoed a key funding deal. For a cleantech startup trying to move from pilot projects to full-on commercial operations, it is a sharp and... — read more 

On Saturday morning, Philip Lewis of HuffPost reported that Boardroom, the media venture founded by NBA star Kevin Durant and agent Rich Klieman in 2019, “has eliminated its full editorial team.” Lewis noted that the staff layoffs were... — read more 

Still reeling from closure of the Anheuser-Busch factory, Fairfield got more bad news recently with an announcement by Ferrara Candy Company that it would be laying off workers at its Fairfield Jelly Belly facilities in the coming... — read more 

Tylenol-maker Kenvue on Tuesday beat Wall Street estimates for fourth-quarter results and announced a global workforce reduction, as ‌it proceeds toward a planned takeover by Kimberly-Clark. Kenvue said its board ‌has approved a plan to optimize... — read more 

RationalFX data indicates 30,700 tech layoffs occurred worldwide in early 2026. This trend is on track to exceed 2025's total of 245,000 job cuts. U.S.-based tech companies account for over 80 percent of these reductions. Amazon alone cut 16,000... — read more 

Court TV has implemented layoffs as part of a significant operational change. The company is planning to shut down its entire television network. This decision will lead to job losses for employees across the organization. The closure of the Court TV... — read more 

Republic National Distributing Company is implementing further layoffs. These cuts are occurring across the country. The distributor previously laid off over 1,700 employees last year. Those earlier cuts were due to shuttering California operations... — read more 

Weeks after scrubbing “renewable energy” from its name, the National Laboratory of the Rockies in Golden, formerly known as the National Renewable Energy Laboratory, is also shedding workers. The cuts impacted 134 employees engaged in both... — read more 

The K-12 health care startup Hazel Health has laid off 135 people, about half of whom are clinicians. This is the second round of layoffs announced at the company in the past four... — read more 

CBN initiated a workforce reduction. This reduction affects 8.4% of its American employees. The ministry cited a strategic realignment for these changes. The organization cited shifts in media and fundraising. CBN aims to streamline systems and focus... — read more 

Artificial intelligence significantly impacts the American workforce. AI is cited as a reason for thousands of layoffs across various companies. Amazon, Dow, and Pinterest are among those cutting jobs due to AI. Conversely, demand for workers with... — read more 

The current AI is not intelligence because intelligence invents something new and innovates but the current AI has done nothing of these. So, although AI may replace some jobs (routine jobs) but it can't replace those jobs where intelligence is... — read more 

The crypto industry is likely to see more projects snapped up by larger companies, which may lead to a much less fragmented sector in the months ahead, says Bullish CEO Tom... — read more 

Jack Dorsey’s payments company Block Inc. has begun informing hundreds of employees that their roles could be eliminated during annual performance reviews, as the firm undertakes a wider restructuring... — read more 

An Illinois steel company has ceased operations. The Illinois Department of Labor is investigating if the company violated the state's WARN Act. The company says it was unable to provide notice due to unforeseeable business... — read more 

Tough times are ahead because of H1Bs + AI + work going offshore. So, sell your home(s), and stock(s) (if they are in profit) and keep cash to survive the tough time.

The earth's resources are limited. So. nothing is going to grow forever. So, revenues/profits of no company is going to grow forever. So, it is better to do profit booking in the stock market.

U.S. employers announced 108,435 layoffs for the month, up 118% from the same period a year ago and 205% from December 2025. The total marked the highest for any January since 2009. At the same time, companies announced just 5,306 new hires, also... — read more 

Eddie Bauer faces expected bankruptcy. Recent layoffs preceded this. The layoffs happened at the company's headquarters. Bankruptcy is now anticipated. These two events are... — read more 

A manufacturer based in Andover has notified the state that it will be laying off employees. Vornado issued a notice on Friday informing the state of Kansas that it planned to eliminate 72 positions with the company. No timeline was provided for... — read more 

ALLCITY Network conducted another round of layoffs this week, eliminating newsletter positions across its network and reducing coverage of baseball and hockey in several... — read more 

Naples Grande Beach Resort will temporarily lay off 235 employees as it closes for a major renovation beginning in early April, according to a filing with the state under the Worker Adjustment and Retraining Notification Act... — read more 

The Government Accountability Office (GAO) released a report on Education Department layoffs. The department had reversed plans to lay off nearly 300 Office for Civil Rights (OCR) employees. The GAO estimated these actions cost between $28.5... — read more 

Volkswagen is pausing plans for a new U.S. manufacturing plant. The company cites financial uncertainty from U.S. trade policies. This includes a debated Audi factory project since 2018. VW experienced a 15% operating profit drop in 2024. Volkswagen... — read more 

Springfield-based manufacturer 9Wood laid off 19 workers in mid-January. This is the third round of layoffs for the company, totaling about 60 workers since early 2025. A laid-off employee expressed shock and concern about the company's... — read more 

Simon & Schuster Implements Additional Layoffs https://www.publishersweekly.com/pw/by-topic/industry-news/publisher-news/article/99584-more-job-cuts-at-s-s.html Simon & Schuster announced a new round of job cuts. This follows earlier "limited"... — read more 

The Museum of Fine Arts, Boston has made layoffs for the second time in six years. The museum is suffering from a $13 million projected deficit. Affected employees reportedly include three endowed curatorial... — read more 

“After careful and thoughtful analysis, certain non-patient-facing-revenue cycle functions will be transitioned to a partner. As a result, positions within the revenue cycle department will be reduced by 10.5% across Trinity Health’s national... — read more