layoffs
Coverage of layoffs in the Nexus archive.
- LAUSD's first day of school: coffee cake, new algebra books, chess and looming layoffs
LAUSD entered its new school year characterized by academic gains and hope. The start of the year, noted by items such as coffee cake, new algebra books, and chess, was tempered by concern over planning thousands of impending layoffs.
- LAUSD's first day of school: coffee cake, new algebra books, chess and looming layoffs
LAUSD's first day of school featured elements like coffee cake, new algebra books, and chess activities. The district reports academic gains and hope as it begins the new school year. However, this optimism exists amid the looming challenge of planning for thousands of layoffs.
- Google lays off 52 Seattle-area employees
Google laid off 52 employees in the Seattle area since last month. The company has not indicated these layoffs are part of broader cuts.
- Visa cutting over 300 Bay Area jobs for AI
Visa is laying off 320 employees at its Foster City office on October 1, representing over 12% of its 2,600 total layoffs. The affected roles are primarily in technology and product operations.
- Illinois Tech layoffs raise concerns among students ahead of fall semester
Layoffs at Illinois Institute of Technology in Chicago are causing concerns among students ahead of the fall semester. The situation has raised worries about the impact on the upcoming academic term.
- German carmakers flood jobs market with managers after wielding axe
German car manufacturers are increasing job postings for managers following previous layoffs. This comes after the companies reduced their workforce earlier.
- DNI Jay Clayton’s arrival in DC delayed as acting chief Bill Pulte plans more layoffs
DNI Jay Clayton’s arrival in DC is delayed, allowing acting DNI Bill Pulte to continue downsizing efforts that have reduced office staff by 30% through layoffs and returning on-loan workers to their home agencies.
- Inside Howard Stern’s ex-staffers’ severance battle after brutal layoffs
Howard Stern laid off around a dozen staffers earlier this month after reducing his show to one episode per week following Labor Day. The ex-staffers are now involved in a severance battle.
- Inside Howard Stern’s ex-staffers’ severance battle after brutal layoffs
Howard Stern laid off around a dozen staffers earlier this month after reducing his show to one episode per week following Labor Day. The layoffs have led to a severance battle with former staff.
- Meta shares drop as Q2 profit declines due to legal expenses and severance costs
Meta Platforms reported a second-quarter profit decline despite revenue exceeding expectations, primarily due to legal expenses and severance costs from recent layoffs.
- Pulte says he completed 4th round of layoffs as acting DNI
Acting Director of National Intelligence Bill Pulte completed a fourth round of layoffs since taking over on June 19.
- [US] LinkedIn Scam - but why?
A LinkedIn user in the US received a suspicious message from a recruiter offering a job identical to their current position at their current company. The recruiter used a Gmail address, claimed to be human, and the profile later disappeared, leading the user to suspect a scam. The user also noted recent layoffs at their company and two other similarly suspicious messages around the same time.
- Pulte says he completed fourth round of layoffs as acting DNI
Acting Director of National Intelligence Bill Pulte announced the completion of a fourth round of layoffs since assuming the role on June 19. The office of the director of national intelligence (ODNI) is reducing its size and refocusing its efforts.
- Smoking gun letter reveals LAUSD ignored dire budget warning before approving huge staff pay raises
The Los Angeles Unified School District (LAUSD) approved nearly $1.2 billion in labor contracts despite warnings from the Los Angeles County Office of Education (LACOE) that the deals would cause a financial crisis and lead to thousands of layoffs.
- U.S. filings for unemployment aid fall to 187,000 last week, fewest since 1969
U.S. unemployment aid filings dropped to 187,000 last week, the lowest level since 1969. Layoffs remain historically low despite global economic uncertainty.
- Layoffs may be worsening the gender pay gap, survey finds
A survey found that layoffs may be worsening the gender pay gap, which has increased for two consecutive years, marking the longest setback since the 1960s.
- REPORT: ESPN cuts ties with former LSU star Ryan Clark amid layoffs
ESPN has cut ties with Ryan Clark, a former LSU star, as part of layoffs across the network. The layoffs are affecting multiple positions within the network.
- Mass layoffs and furloughs still on the table as CPS navigates budget crisis
Chicago Public Schools stakeholders discussed the district's 2026 budget during hearings, warning that layoffs and furloughs remain possible without a significant bailout plan. The budget crisis has raised concerns about potential workforce reductions.
- Meta accused of using AI to pick employees with medical conditions for layoffs
Meta is accused of using AI to select employees with medical conditions for layoffs, according to 26 current and former employees, including those from California, who claim the company violated federal and state laws. Meta denied the allegations.
- The staggering amount Howard Stern makes per minute despite cutting radio shows, laying off employees
Howard Stern earns a significant amount per minute of airtime despite reducing his radio shows and laying off employees. The article highlights his substantial earnings even amid these cuts.
- 26 Meta employees sue, alleging AI-driven layoff picks hit workers on medical and parental leave
26 Meta employees sued the company, alleging that AI-driven layoffs disproportionately targeted workers on medical, parental, or family leave. The lawsuit claims artificial intelligence systems were used to select employees for layoffs.
- Former employees sue over Meta's alleged use of biased AI systems during layoffs
Former employees are suing Meta over alleged use of biased AI systems during layoffs. Meta reduced its workforce by 10 percent in May.
- Employees sue Meta, alleging discrimination in using AI to make layoffs
Current and former Meta employees have filed a lawsuit against the company, alleging discrimination through the use of AI in making layoffs. The case highlights growing concerns about AI's impact on employment and its effects on people with disabilities in the workforce.
- Meta accused of using AI to target workers on medical leave in bloodbath layoffs: lawsuit
Meta is accused of using AI to target workers on medical leave during layoffs, with the lawsuit claiming the system penalized employees for exercising their legal right to take valid medical leave.
- GTECH promises platform to redeploy employees hit by CorroHealth layoffs
GTECH has pledged to create a platform to redeploy employees affected by layoffs at CorroHealth. The initiative aims to address the impact of job cuts at the latter company.
- Howard Stern lays off a dozen staffers, preparing to drop to one new show per week
Howard Stern laid off a dozen staffers and will reduce his show frequency to one new episode per week. He signed a new contract in December that grants him more 'flexibility' on the air.
- Meta used AI to target workers with medical conditions, lawsuit reportedly alleges
Meta is accused in a lawsuit of using AI to target employees with disabilities or medical conditions for layoffs. The lawsuit, filed in Oakland, alleges that 26 employees claimed the company used productivity and AI factors in the process.
- Chicago Public School lays off more than 160 employees
Chicago Public Schools laid off more than 160 staff members as the district works to close a budget deficit.
- Burnout, frustration and heartbreak: Amazon layoffs take their toll in saturated job market
Amazon announced its largest job cuts, leaving laid-off workers struggling in a saturated labor market. The layoffs have caused burnout, frustration, and heartbreak among affected employees.
- Can You Embrace AI Without Layoffs? This Company Says It’s Trying.
German software company SAP is exploring an approach where AI helps employees reinvent their jobs rather than leading to layoffs. Experts are divided on the feasibility of this strategy.
- US jobless claims dip modestly to 215,000 last week as layoffs remain at historically healthy levels
The number of Americans filing for unemployment benefits decreased slightly to 215,000 last week. Layoffs in the U.S. remain at historically low levels.
- US jobless aid filings dip modestly to 215,000 last week as layoffs remain at historically healthy levels
US jobless aid filings decreased to 215,000 last week. Layoffs remain at historically healthy levels.
- Game over for 20% of Xbox staff as Microsoft hits reset: We ‘didn’t focus on the core business,’ CEO says. ‘We simply spread ourselves too thin.’
Xbox is laying off 20% of its staff as Microsoft resets its strategy, with the CEO stating the company 'didn’t focus on the core business' and 'spread ourselves too thin'. The article references a Fortune report on the layoffs and mentions market selloffs, Bitcoin strategies, AI costs, and World Cup fan food trends.
- Google's status as the dream tech job is changing. FOMO over AI salaries is only one reason why.
Google's reputation as a top tech employer is declining as AI startups offer higher salaries and equity, prompting some employees to leave. Layoffs and reduced job security since 2023 have further eroded confidence, with Google falling in rankings as the most attractive employer for business students.
- Zuckerberg 'Admits' Meta's Layoffs Were Ineffective
Mark Zuckerberg reportedly admitted that Meta's layoffs were ineffective. The article highlights his acknowledgment of the failure of recent workforce reductions.
- U.S. filings for jobless aid fall to 215,000 as layoffs remain at historically healthy levels
U.S. jobless aid applications fell to 215,000 in the week ending June 27, below the 225,000 forecast by analysts. The four-week moving average of claims decreased to 222,000, while the prior week's total filings rose to 1.81 million.
- U.S. filings for jobless aid fell to 215,000 last week as layoffs remain at historically healthy levels
U.S. filings for jobless aid decreased to 215,000 last week, indicating a decline in new unemployment claims. Layoffs remain at historically healthy levels, suggesting a stable job market.
- Microsoft to slash thousands of jobs as AI spending concerns fuel third major layoff round in a year: report
Microsoft is reportedly planning another round of layoffs next week to cut costs amid concerns over excessive AI spending. This will mark the third major layoff round in a year, affecting thousands of roles.
- Volkswagen’s stock nears a 15-year low on reports of massive planned layoffs
Volkswagen's stock is nearing a 15-year low following reports of a plan to cut up to 100,000 jobs. Shares in the German carmaker have slumped as a result.
- What Robinhood’s recent layoffs say about the current state of crypto investments
Robinhood's recent layoffs indicate challenges in the crypto investment sector. The layoffs suggest shifting dynamics affecting companies involved in cryptocurrency trading.