Layoffs
Government shutdown: Vance says ‘fraud’ is rife in ACA tax credits use
U.S. Vice President JD Vance looks on, on the day U.S. President Donald Trump announces a deal with Pfizer to sell drugs at lower prices, in the Oval office of the White House in Washington, D.C., on Sept. 30, 2025. Ken Cedeno | Reuters Vice President JD Vance on Sunday said there is “a lot […]
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‘There will start to be layoffs’ if Trump decides shutdown talks have stalled, Hassett says
White House National Economic Adviser Kevin Hassett talks to reporters on the West Wing driveway at the White House in Washington, D.C., U.S., August 27, 2025. Jonathan Ernst | Reuters White House National Economic Council Director Kevin Hassett said Sunday that layoffs for federal employees will begin if President Donald Trump decides that congressional negotiations to end the government […]
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Lufthansa to cut 4,000 jobs as airline turns to AI to boost efficiency
View taken inside a Lufthansa Airbus A350 airplane on March 19, 2025. Michaela Stache | Afp | Getty Images Lufthansa announced plans to cut 4,000 roles on Monday as it aims to increase profitability and lean on AI to drive efficiency. The airline group said it will eliminate a total of 4,000 FTE (full-time equivalent) […]
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Trump threatens mass firings of federal workers if government shutdown isn’t averted, NBC News reports
U.S. President Donald Trump gestures, as he arrives at Joint Base Andrews, Maryland, U.S., Sept. 26, 2025. Elizabeth Frantz | Reuters President Donald Trump warned Sunday of widespread layoffs if the federal government shuts down this week, telling NBC News that “we are going to cut a lot of the people that … we’re able […]
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Starbucks to close stores, lay off workers in $1 billion restructuring plan
In the message to employees Thursday, Niccol said the company had reviewed and identified stores where the company would be “unable to to create the physical environment our customers and partners expect, or where we don’t see a path to financial performance.” Starbucks executives had previously said that the company would be slowing new openings […]
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Nike to lay off about 1% of corporate staff in its latest effort to refocus the business
A Nike store in Hanoi, Vietnam, on July 3, 2025. Nhac Nguyen | Afp | Getty Images Nike is planning another round of layoffs as part of CEO Elliott Hill’s efforts to realign the business and get it back to growth, CNBC has learned. The cuts will impact less than 1% of Nike’s corporate staff. […]
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Google has eliminated 35% of managers overseeing small teams in past year, exec says
Alphabet CEO Sundar Pichai during the Google I/O developers conference in Mountain View, California, on May 10, 2023. David Paul Morris | Bloomberg | Getty Images Google has eliminated more than one-third of its managers overseeing small teams, an executive told employees last week, as the company continues its focus on efficiencies across the organization. […]
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In recent layoffs, AI’s role may be bigger than companies are letting on
Klaus Vedfelt | Digitalvision | Getty Images As rounds of layoffs continue within a historically strong stock market and resilient economy, it is still uncommon for companies to link job cuts directly to AI replacement technology. IBM was an outlier when its CEO told the Wall Street Journal in May that 200 HR employees were […]
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EPA eliminates research and development office, begins layoffs
The headquarters of the United States Environmental Protection Agency (EPA) in Washington, D.C., U.S., Feb. 18, 2025. Kent Nishimura | Reuters The Environmental Protection Agency announced on Friday that it is eliminating its research and development arm and reducing agency staff by thousands of employees. The agency’s Office of Research and Development has long provided […]
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Microsoft layoffs hit 830 workers in home state of Washington
Microsoft CEO Satya Nadella speaks at the Axel Springer building in Berlin on Oct. 17, 2023. He received the annual Axel Springer Award. Ben Kriemann | Getty Images Among the thousands of Microsoft employees who lost their jobs in the cutbacks announced this week were 830 staffers in the company’s home state of Washington. Nearly […]
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