#layoffs

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Charles River Laboratories Reports Q1 Loss, Cuts 71 Jobs

Charles River Laboratories recorded a net loss in the first quarter. The company also disclosed plans to lay off 71 employees. A one-time $118 million charge from asset sales led to the net loss. Without this charge, adjusted earnings per share beat expectations. New CEO Birgit Girshick introduced a strategic framework for future operations.

Wilmington, Massachusetts

https://www.masslive.com/news/2026/05/charles-river-laboratories-posts-loss-amid-dozens-of-layoffs-says-turnaround-on-track.html


Hemp Manufacturer Greenbean Ventures Exits Tennessee, Cuts 121 Jobs

Greenbean Ventures, LLC will lay off 121 employees. The hemp manufacturer operates eight locations across East Tennessee. These layoffs are effective July 13. The company plans to move its operations to North Carolina. Tightening state regulations on hemp products caused this decision.

Johnson City, Tennessee

https://www.wvlt.tv/2026/05/15/east-tennessee-business-lay-off-more-than-120-employees-move-north-carolina/


Voters Consider Budgets With Job Losses in Region

Voters in Central New York school districts are deciding on budgets. Many districts face increasing costs for health insurance, utilities, and transportation. State funding remains flat while enrollment is declining across the region. Several districts propose staff reductions, including layoffs, to close budget gaps. Liverpool, Fulton, Jamesville-DeWitt, and Cortland are among those planning job cuts.

https://www.syracuse.com/schools/2026/05/school-district-voters-head-to-polls-tuesday-to-decide-on-budgets-including-some-with-layoffs.html


AP Restructures, Cuts 20 Staff Amid Print Shift

AP cut 20 U.S. journalist positions on Friday. This is part of a larger restructuring. The organization is changing its operational focus. It is moving away from traditional print journalism. The AP will now emphasize visual journalism and new revenue streams.

https://www.editorandpublisher.com/stories/ap-finishes-us-restructuring-with-round-of-20-layoffs-part-of-strategic-pivot-from-print,261683


Starbucks Cuts 252 Corporate Jobs in Seattle

Starbucks announced 252 corporate job cuts in Seattle. These layoffs impact vice presidents, directors, and senior managers. The company stated cuts will sharpen focus and lower costs. Separations are expected from July 17 through February 1, 2027. Starbucks is also closing some regional support offices.

Seattle, Washington

https://www.geekwire.com/2026/starbucks-layoffs-impact-252-jobs-at-seattle-support-center-including-vps-and-other-senior-roles/


Cree Lighting Eliminates Office Roles in New Layoff Round

Cree Lighting announced a second round of layoffs impacting its Racine, Wisconsin facility. Twenty-eight positions were eliminated on May 14, according to a federal notice. These cuts primarily affect office and support roles, including tax, graphic design, and marketing. The company cited "unforeseeable business circumstances" for bypassing the 60-day notice requirement. This action follows 172 manufacturing job cuts made in March.

Racine, Wisconsin

https://inside.lighting/news/26-05/cree-lighting-launches-round-two-layoffs


Betting Industry Layoffs Rise as Growth Cools

The online gambling industry is experiencing widespread layoffs. Penn Entertainment recently cut over 70 jobs in its interactive division. Gambling.com Group also laid off approximately a quarter of its employees. These reductions reflect a shift towards efficiency and AI adoption. Industry growth is slowing, forcing companies to streamline operations.

https://www.gamblingnews.com/news/betting-firms-cut-jobs-as-industry-growth-stalls/


Some of us work hard and follow our own ethics because that is simply who we are

It is not about expecting a reward. I actually get a real sense of satisfaction from doing a job well, no matter where I am or who I work for. But here is the thing all of us have to accept. Do not expect loyalty back. Do not expect appreciation. Do not expect any of it to protect you. When cuts come, you will be out the door just as fast as the person who does nothing. Maybe faster. Whatever corporate culture this place supposedly had is long gone. If it ever existed at all.


Innovaccer Cuts 340 Jobs Amid AI-Native Shift

Healthtech unicorn Innovaccer laid off approximately 340 employees. These job cuts occurred across India and the United States. The company is restructuring operations to become "AI-native." This marks Innovaccer's third layoff round in four years. Affected staff will receive severance and transition support.

San Francisco

https://www.peoplematters.in/news/strategic-hr/indian-founded-unicorn-joins-ai-layoff-wave-with-340-job-cuts-across-india-and-us-49780


TCS Mandates 5% Lowest Performance Rating, Layoff Fears Emerge

TCS has instructed managers to classify 5% of employees in the lowest performance category. This directive applies to the latest appraisal cycle. The move has generated concerns about potential new layoffs. This follows a previous retrenchment of approximately 2% of its workforce. The company had previously planned to let go of 12,200 employees in fiscal year 2026.

https://www.ndtvprofit.com/business/tcs-asks-managers-to-put-5-staff-in-band-d-stoking-fears-of-fresh-layoffs-report-11512010


Gambling.com Group Stock Halved Following Layoffs, Q1 Loss

Gambling.com Group's stock price plummeted sharply. Its shares fell by 53% in a single day. This decline followed an announced cost-cutting program. The company plans to restructure and lay off 25% of its staff. First-quarter results showed a $1.17 million net loss and a 43% EBITDA decrease.

https://wnhub.io/news/hr/item-50863


What Employees Have Lost Over The Years

Emplyoyees have lost:

  1. Company paid medical benefits
  2. Profit Sharing
  3. The monthly possibility of promotions. Now done only annually
  4. Company contributions to 401K with each pay check. Now done only annually
  5. 2% or less raises
  6. Your own desk. Now having to come in each day to seek a desk with hoteling.
  7. No personal file space.
    Employees have gained:
  8. More work due to layoffs and resignations of colleagues, and job uncertainty

So how does management expect to keep and attract employees under these circumstances?


Egg Harbor Township School District Reduces Staff Due to Budget

Egg Harbor Township School District eliminated 23 positions for the upcoming school year. These cuts affect teaching, administrative, and support staff roles. The district aims to close a roughly $6 million budget gap. Rising health care costs largely drove this financial shortfall. Officials confirmed no music programs are canceled, but Latin courses will end.

Egg Harbor Township, New Jersey

https://www.nj.com/education/2026/05/nj-school-district-just-cut-23-jobs-as-students-worry-about-cuts-to-their-music-classes.html


Florida Schools Cut Staff Amid Enrollment and Funding Crisis

Florida public schools face widespread closures and staff reductions. Declining enrollment drives these issues across the state. Lower birthrates and high living costs contribute to student loss. State politics, including school vouchers, also impact funding. Many districts are cutting positions and closing campuses.

Florida

http://www.tallahassee.com/story/news/education/2026/05/18/florida-public-schools-face-closures-enrollment-dropoff-teacher-shortages-funding-problems/90059571007/


US Freight Sector Sees Over 5,100 Job Cuts

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


Arbitrator Finds UO Disregarded Seniority in Librarian Layoffs

The University of Oregon disregarded seniority during librarian layoffs. A neutral arbitrator ruled against the university's decision. The arbitrator found both junior and senior librarians were qualified. Contract terms required seniority to be a priority in such cases. This ruling followed layoffs impacting eight library positions in summer 2025.

Eugene, Oregon

https://dailyemerald.com/188380/news/after-fall-cuts-and-layoffs-uo-librarians-reappointed/


Oakland City University Workers Face Unpaid Wages, Closure Risk

Oakland City University employees did not receive their May 8 paychecks. The Indiana institution previously warned 167 workers of June 1 layoffs. The university is seeking donations from two companies to cover payroll and remain open. It also considers selling a carbon capture patent and has listed two buildings for sale. The Higher Learning Commission is investigating the situation.

Oakland City, Indiana

https://www.insidehighered.com/news/institutions/religious-colleges/2026/05/18/warned-layoffs-oakland-city-u-workers-arent-paid


AT&T stock is down roughly 20% in two months

This isn’t working. RTO isn’t working.

The conversation internally is still focused only on badge swipes, presence reports, five-day mandates and 10% sweeping layoffs while the stock slides, morale stays low, and leadership takes new debt and pushes expensive long-term office bets nobody wants.

Markets don’t care about the unnecessary and expensive RTO facade. It just destroys value by forcing out top talent and plummeting productivity.

They don’t care about micromanaging badge data.
They don’t care about forced commutes that reduce available working hours.
They don’t care who sat in a chair 5 days this week while watching Netflix at their desk.

They care about execution. Growth. Costs. Talent retention. Confidence in leadership. All the things we aren’t focused on right now.

At some point the board has to ask hard questions and decide to make some real changes to turn things around.

Because the falling stock price, disengaged employees, and doubling down on unpopular policies isn’t a strategy. It’s self inflicted destruction.


General Motors Cuts IT Staff for AI Focus

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/


Milestone Technologies Cuts 50 Jobs at Utah Data Center

Milestone Technologies announced layoffs for 50 contractors. The contractors supported Meta’s Eagle Mountain data center. This action follows the end of Milestone's contract. Affected roles include logistics associates and managers. Separations are scheduled to begin on June 28.

Eagle Mountain, Utah

http://www.sltrib.com/news/2026/05/17/milestone-technologies-contractors/