Layoffs News

Latest coverage on Layoffs from trusted news sources, updated throughout the day.

9 articles tracked3 sourcesLatest: May 13, 2026

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Recent Articles

Cisco announces 5% job cuts, raises annual revenue forecast - Yahoo Finance

Cisco announces 5% job cuts, raises annual revenue forecast Yahoo Finance Cisco's stock pops 15% on surging AI orders, as company says it's cutting almost 4,000 jobs CNBC Cisco to cut jobs so it can invest more in AI, and the stock rockets toward a record MarketWatch Cisco Earnings, Revenue Beat As Stock Hits Record High Amid Strong AI Orders Investor's Business Daily Our Path Forward Cisco Blogs

BBC staff fear meagre pay rise after bosses forgo own increase

Workers told to be realistic about outcome of union talks as corporation aims to make savings with job cuts BBC staff have been told their bosses will forgo a pay rise this year but fear the freeze will lead to a meagre increase for the rank and file, who have been urged to be realistic about the outcome of union negotiations. Employees have been told that the corporation’s executive committee – its 12 highest-paid bosses including the director general, who were paid almost £5m in total last yea

World news | The GuardianMay 12, 2026

GM cutting hundreds of salaried IT workers as it cuts costs, evaluates needs - CNBC

GM cutting hundreds of salaried IT workers as it cuts costs, evaluates needs CNBC GM to Cut Hundreds of White Collar Workers in Push to Trim Costs Bloomberg.com GM to cut some tech jobs, Bloomberg reports The Detroit News General Motors to cut white-collar IT jobs (GM:NYSE) Seeking Alpha GM cuts up to 600 IT jobs to trim costs and reshape workforce - Bloomberg By Investing.com Investing.com South Africa

David Pocock applauds $387.4m in extra funding for CSIRO after tens of thousands sign petition

Analysis commissioned by independent senator found national science agency’s funding is at its lowest since 1978 Get our breaking news email, free app or daily news podcast The Albanese government will boost funding to CSIRO by $387.4m in a bid to meet the long-term costs of the national science agency. It follows months of advocacy by scientists and staff after hundreds of job cuts and cost-cutting measures. Continue reading...

World news | The GuardianMay 9, 2026

Revealed: owner of former WH Smith stores is charging fee to use fictitious ‘family’ brand

Exclusive: Documents show Modella Capital, which bought the chain last year, is so far owed £2.9m in royalty fees The investment company that owns the former WH Smith high street stores is charging the retailer millions of pounds in licence fees for the right to use its widely derided TG Jones name, the Guardian can reveal. Modella Capital – which bought the chain from WH Smith’s parent company last year – on Wednesday blamed weak consumer spending as it laid out a restructuring plan that could

World news | The GuardianMay 7, 2026

Warner Bros. Discovery books $2.9 billion net loss tied to Paramount deal, restructuring costs - CNBC

Warner Bros. Discovery books $2.9 billion net loss tied to Paramount deal, restructuring costs CNBC WBD Sees $2.9 Billion Q1 Loss On M&A Charges Including Termination Fee Paramount Paid Netflix Deadline Warner Bros. Discovery Saw Q1 Streaming, Studios Boosts, But Paramount Item Spurs Large Loss Variety Warner Bros. Discovery Logs $2.92 Billion Loss Tied to Netflix Termination Fee WSJ Warner Bros. Discovery Lost $2.9 Billion in March Quarter — But That’s Mostly the Netflix Breakup Fee The Ho

Dozens of former WH Smith stores face closure, putting thousands of jobs at risk

New owner Modella Capital, which rebranded shops to TG Jones, blames weak consumer spending Dozens of former WH Smith stores are likely to close, putting thousands of jobs at risk under a radical restructuring plan by their new owner, which had rebranded the shops to TG Jones, The investment company Modella Capital, which bought WH Smith’s chain of 480 high street stores for £76m last year, blamed “weak consumer spending” as it set out the plan to landlords on Wednesday. Continue reading...

World news | The GuardianMay 6, 2026

BBC News to bear deepest cuts amid 2,000 planned job losses

Staff warned news operations face 15% cut, above BBC-wide 10% target, as corporation pushes through £600m savings plan The BBC’s news operation is to cut costs by a steeper-than-expected 15%, with staff told to expect heavy redundancies. The division, home to about a quarter of all BBC staff, is being saddled with one of the highest cost-cutting targets as the corporation attempts to cut as many as 2,000 jobs in the biggest downsizing of the public service broadcaster in 15 years. Continue read

World news | The GuardianMay 2, 2026

FEMA Is Reversing Job Cuts Made Under Kristi Noem

The agency said staff members who had been let go or placed on administrative leave were now needed to prepare for hurricanes and the World Cup.

NYT > Top StoriesApr 30, 2026