layoffs
Verizon is laying off over 13,000 employees—about 20% of its management staff—as new CEO Dan Schulman launches a major restructuring to cut costs and improve customer experience amid rising competition. The company posted solid Q3 2025 earnings but continues to lose postpaid subscribers. These cuts are the largest in Verizon’s history. Verizon is cutting more […]
The U.S. labor market has been characterized as a ‘no hire, no fire’ landscape for much of the past year. But ‘no hire, more fire’ increasingly looks more accurate, providing further ammunition for the Federal Reserve to cut interest rates. Retail giant Amazon on Tuesday announced 14,000 layoffs, with more to come next year, while […]
The Trump administration’s initiative to reduce the federal workforce has impacted the Food and Drug Administration (FDA), resulting in the firing of recently hired probationary employees responsible for reviewing the safety of food ingredients and medical devices. Notices of job eliminations were sent out to these employees on Saturday evening, primarily affecting those in the […]
Some layoffs could be coming to the Rochester City School District teachers. The district’s Invest in Tomorrow reconfiguration plan calls for closing several schools and moving hundreds of students. At first, the Rochester Teachers Association was told more than 50 elementary teacher jobs could be cut in September. After Tuesday night’s school board meeting, that […]
The Monroe Community College board of trustees has voted to avoid cutting jobs. Not long after MCC students and faculty protested pending teacher layoffs, the board approved a new measure, which includes voluntary retirement and separation incentive plans for eligible full-time employees. The decision comes after the faculty union made cost-saving recommendations last month after […]
While not specifying a number, layoffs are pending at Monroe Community College. MCC is reducing its teaching facility, citing a decline in enrollment, and says any teachers impacted will get at least one full year’s notice of employment before any changes take effect. The college will also offer career transition support. MCC’s full statement reads: […]
Amazon just announced plans to cut another 9,000 positions, its second round of mass layoffs in recent months. The announcement comes just months after Amazon eliminated about 18,000 positions. The company will be targeting roles in its cloud computing unit, human resources division, advertising and Twitch, according to a letter to employees from CEO Andy Jassy. After […]
More layoffs are happening in the tech world. Spotify will be cutting costs through laying off staff. The company is joining Amazon, Microsoft, and Alphabet Inc. (a Google company) in thousands of job cuts. The number of job layoff is not clear according to Reuters.com however there have been reports that say 6% of jobs […]
Since Netflix reported a record low in revenue earlier this year The streaming company just announced they’re laying off a 150 people. With a major loss of subscribers Netflix predicts more revenue loss within the next quarter. Source: CNBC
According to the Bureau of Labor Statistics, fewer than half of Black people in the labor force were listed as employed in April. This figure reinforces the higher risk for economic impact and job-loss on top of increased rates of COVID-19, of which the death toll is over 100,000 in the US. The employment data […]
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