Layoff News > Technology > Algoma Steel Group
Published Dec 11, 2025
Algoma Steel Group announced approximately 1,000 layoff notices, affecting nearly one-third of its workforce, effective March 23, 2026. The company cited U.S. tariffs that made blast furnace and coke-making operations economically unsustainable and confirmed it is accelerating its transition to electric-arc furnace steelmaking one year ahead of schedule
Transportation
TriMet approved a budget with 170 layoffs and service reductions starting July 1, 2024, to address a growing $224 million budget deficit.
May 30, 2026
Other
Cybersecurity firm SentinelOne cuts 8% of its workforce, approximately 240 employees, as part of a restructuring to enhance focus on AI and streamline
May 30, 2026
Other
The Los Angeles Lakers conducted layoffs across multiple departments as part of a major reorganization under new ownership. The move follows a trend in
May 29, 2026
Other
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.
May 26, 2026