TriMet Implements Layoffs and Service Reductions Amid Budget Crisis
TriMet approved a budget with 170 layoffs and service reductions starting July 1, 2024, to address a growing $224 million budget deficit.
170
Layoff News
Latest Layoff News Today
Layoff Today tracks the latest news about layoffs, job cuts, workforce reductions, and company restructuring updates. Follow real-time layoff alerts across technology, finance, retail, media, healthcare, transportation, government, energy, and more.
Last updated
Breaking Layoff News
Article
Date
Company
Employees
Industry / Source
SentinelOne Cuts 8% of Workforce in Restructuring Focused on AI and Efficiency
Cybersecurity firm SentinelOne cuts 8% of its workforce, approximately 240 employees, as part of a restructuring to enhance focus on AI and streamline
240
Los Angeles Lakers Undergo Layoffs as Part of Major Organizational Reorganization
The Los Angeles Lakers conducted layoffs across multiple departments as part of a major reorganization under new ownership. The move follows a trend in
Not stated
ClickUp Reduces Workforce by 22% in Strategic Shift Towards AI Integration
Collaboration software firm ClickUp laid off 22% of its workforce, citing a strategic shift towards AI and the integration of 3,000 internal AI agents.
290
Portland Trail Blazers Undergo Layoffs on Business Side
New owner Tom Dundon initiated layoffs affecting approximately 70 business-side employees at the Portland Trail Blazers, citing efficiency and
70
Acrisure to Cut 2,250 Jobs, Citing AI and Automation Expansion
Fintech and insurance firm Acrisure is cutting 2,250 jobs, 11% of its workforce, through 2027, citing increased use of AI, automation, and digital
2,250
Bungie Announces Significant Layoffs and Ends Destiny 2 Live-Service Updates
Bungie is reportedly planning significant layoffs as it ends live-service content for Destiny 2 and shifts focus to Marathon, with no immediate plans for
Not stated
Portland Trail Blazers Lay Off 70 Employees Under New Ownership
The Portland Trail Blazers laid off approximately 70 employees, primarily in business operations, following a transition to new ownership and a focus on
70
Business Insider Cuts Staff for Fourth Consecutive Year, CEO to Depart
Business Insider has announced its fourth round of layoffs in as many years, affecting approximately 8% of its staff, as CEO Barbara Peng prepares to step
Not stated
Intuit Announces Layoffs of 3,000 Employees in Major AI-Focused Restructuring
Intuit is cutting approximately 3,000 jobs, or 17% of its global workforce, as part of a major restructuring to accelerate its focus on artificial
3,000
NPR Restructures Newsroom Amid Budget Shortfall, Offers Buyouts and Plans Layoffs
NPR is offering buyouts and planning layoffs for up to 30 employees amid an $8 million budget shortfall, driven by the loss of federal subsidies and
30
The Daily Wire Restructures, Lays Off 13% of Workforce
Conservative media company The Daily Wire has confirmed layoffs affecting approximately 13% of its workforce, primarily impacting its Nashville
Not stated
Oakland City University Announces Layoffs and Suspension of Undergraduate Programs
Oakland City University is laying off employees and suspending undergraduate programs effective May 31 due to financial challenges, with plans to resume
Not stated
Portland Trail Blazers Implement Layoffs Amidst New Ownership's Cost-Cutting Efforts
The Portland Trail Blazers, under new owner Tom Dundon, have laid off approximately 70 business-side employees as part of ongoing cost-cutting measures.
70
El Paso Independent School District Faces $52.8 Million Budget Shortfall, Potential Financial Emergency and Mass Layoffs
El Paso Independent School District faces a $52.8 million budget shortfall, prompting recommendations for a financial emergency and potential mass
Not stated
Santa Barbara County Issues Layoff Notices Amid Budget Reductions
Santa Barbara County has issued layoff notices to 84 employees across Public Health, Social Services, and other departments due to budget cuts and reduced
84
Valneva Initiates Global Layoffs, Cuts Up to 15% of Workforce
French biopharmaceutical firm Valneva is cutting up to 15% of its global workforce, impacting over 100 employees, following a significant revenue drop and
101
Associated Press Lays Off 20 US Journalists in Strategic Shift
The Associated Press laid off 20 US journalists as part of a restructuring to shift focus from print to visual journalism and other revenue sources.
20
Spirit Airlines Ceases Operations, Leading to Over 5,800 Layoffs Across Florida and Texas
Spirit Airlines ceased operations, leading to thousands of layoffs across Florida and Texas. The budget airline cited skyrocketing fuel prices and
5,812
Takeda Initiates Global Transformation Program, Impacting 4,500 Roles
Takeda is implementing a global "transformation program" to streamline operations and cut costs, resulting in 4,500 job reductions worldwide.
4,500
Company Layoff News
Tech Layoff News
WARN Notice Layoff News
WARN-based coverage tracks public notices and related reports tied to large workforce reductions, site closures, and restructuring events.
Layoff News by Industry
Technology
Latest technology layoff coverage
Finance
Latest finance layoff coverage
Retail
Latest retail layoff coverage
Healthcare
Latest healthcare layoff coverage
Media
Latest media layoff coverage
Transportation
Latest transportation layoff coverage
Government
Latest government layoff coverage
Energy
Latest energy layoff coverage
Frequently Asked Questions About Layoffs
What is the latest layoff news today?
The latest updates are listed in the Breaking Layoff News section, ordered by publication date so the newest company job cuts appear first.
Which companies announced layoffs recently?
The Company Layoff News section links to recently covered employers and priority company pages when those companies are present in current coverage.
Where can I track layoff updates?
Use this hub to track news on layoffs across companies, industries, WARN notices, and workforce reduction reports as new coverage is published.
What is a WARN notice?
A WARN notice is a filing tied to the Worker Adjustment and Retraining Notification Act, which can require advance notice for certain large layoffs or site closures in the United States.
Are layoffs increasing in 2026?
Layoff patterns vary by industry and company. The industry sections on this page make it easier to compare current layoff coverage across sectors during 2026.