Layoffs

CBS News Editor-in-Chief Bari Weiss and President Tom Cibrowski announced that the network will cut about 6% of its staff and close CBS News Radio.

U.S. job openings increased in January while layoffs declined and workers continued to quit jobs at a steady pace.

Enterprise software giant Oracle is reportedly preparing to cut thousands of jobs as the company faces mounting financial pressure.

Block, the financial technology company founded by Jack Dorsey, recently announced plans to eliminate more than 4,000 jobs as part of what it described as an artificial intelligence–driven restructuring.

Amazon CEO Andy Jassy has downplayed the role of artificial intelligence in the company’s latest round of mass layoffs.

President Trump signed an executive order shifting policies surrounding federal hiring in an effort to improve government efficiency.

During the 2025 shutdown, President Trump proposes sweeping “irreversible” cuts, mass layoffs, and program eliminations.

Starbucks announced Thursday that it will lay off 900 corporate employees and close hundreds of stores across North America as part of a sweeping $1 billion restructuring plan. The decision, unveiled by CEO Brian Niccol in a letter to employees, marks the second round of layoffs since he took over the company in August 2024.

Powell’s City of Books, the well-known Portland bookstore that previously banned journalist Andy Ngo’s best-selling book on Antifa, has begun laying off staff as financial struggles deepen. According to an internal email obtained by the Portland Business Journal, 18 positions across departments were cut in July, with more layoffs expected in the coming months.

Stanford plans $140M in cuts, likely layoffs, and critics say academic merit may take a backseat to ideological priorities.