Verizon is reportedly cutting about 15,000 jobs, representing approximately 15% of its workforce, as part of a major restructuring effort under new leadership. The reductions are aimed at lowering costs and improving competitiveness in the telecom market.
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