layoff

NASA Details Hundreds Of 'Painful But Necessary' Layoffs For Jet Propulsion Lab

NASA’s Jet Propulsion Laboratory (JPL) announced hundreds of layoffs, calling the move “painful but necessary.” The news came via a workforce statement and memo to JPL employees. JPL has been on the forefront of space exploration for decades. It was a camera, engineered by the space agency, on Voyager 1 that was able to capture the pale




layoff

Round 1 of FHSAA football playoffs: Orlando area scoreboard updates

Week 13 of the high school football season includes two Wednesday bowl games, followed by Round 1 of the FHSAA playoffs on Friday -- with Jones, Lake Mary, Edgewater, DP, Osceola, Bishop Moore home games. Saturday, Master's Academy plays for repeat Sunshine State Athletic Association championship.



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Boeing delivers layoff notices to 17,000 workers amid financial struggles




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Colorado high school football playoffs: Chalk, toss-ups and upset alerts in the second weekend of postseason play

Upsets happen all the time in prep football. But in regards to these matchups, we’ll go with “highly unlikely” the underdog wins.





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Boeing starts issuing layoff notices as planemaker trims 10% of workforce




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College Football Playoff: Texas, Penn State join Top 4; Georgia, Miami plummet in rankings

Oregon, Ohio State, Texas and Penn State are the Top 4 teams in the latest edition of the College Football Playoff rankings, the selection committee announced. Week 11 losers Georgia and Miami plummeted in the rankings.




layoff

Boeing delivers layoff notices to 17,000 workers amid financial struggles

Boeing started issuing layoff notices Wednesday to 17,000 employees to cut 10% of its workforce in an effort to shore up the aerospace giant's shaky finances.




layoff

Boeing delivers layoff notices to 17,000 workers amid financial struggles

Boeing started issuing layoff notices Wednesday to 17,000 employees to cut 10% of its workforce in an effort to shore up the aerospace giant's shaky finances.




layoff

Amazon CEO Andy Jassy denies RTO is a 'backdoor' plan for layoffs

The Amazon CEO reportedly told employees at an all-hands meeting that the company's five-day-a-week policy was aimed at improving company culture.




layoff

Boeing to send out layoff notices to 10% of work force, on week after strike settled

Nine days after settling a strike that cost the company billions, airplane manufacturer Boeing announced that it plans to cut 10% of its workforce and will start sending out layoff notices this week.




layoff

'Just remember that in da clurrb, we all fam': Boss sends fake message to his team only to start layoffs the next day

This is definitely not the tone you want to set before firing a bunch of people on your team! 

This boss had the audacity to send a team-wide message to boost everyone's morale by including the overused colloquial statement, "just remember that in da clurrb, we all fam." Yes, it was written that exact way, and no, this message did not get the intended reaction from its audience. Instead, this toxic boss's employees responded with confusion, frustration, and eye-rolls about how outdated and desperate their employer was acting. 

Well, their frustrations did not stop there because the very next day, their boss decided to begin a well-planned series of layoffs across the team. The Redditor, who shared the initial team-wide email for all of us to mock, was one of the unfortunate employees to be let go from the company. However, in the long run, perhaps he was spared because who wants a boss like that?

Keep scrolling below for the full story and for the best reactions from folks in the comments section. For more, check out this post about a hybrid employee who demanded a $15k raise if they were going to make him come into the office five days a week.





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It’s All About the NBA Playoffs in Atlanta, GA




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NBA Playoffs & Local News Drive 2.7% Viewing Increase in Houston, TX




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NHL Playoffs Drive Viewing in the Denver-Aurora, CO Market




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Messi's MLS Cup playoff hopes dashed as Inter Miami fails in first round

Inter Miami's Lionel Messi reacts during the Major League Soccer Eastern Conference semifinal second leg between against Atlanta United FC at Chase Stadium in Fort Lauderdale, Florida, on November 9, 2024. — AFP

Lionel Messi has long dreamed of winning the Major League Soccer Cup...




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Oregon a unanimous No. 1 ahead of first playoff rankings, followed by Georgia, Ohio State

Oregon was the unanimous choice for No. 1 in The Associated Press college football poll on Sunday, strengthening its bid for the top spot in the College Football Playoff selection committee's first rankings of the season.




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Oregon gets top billing in College Football Playoff's opening rankings

A season full of surprises didn't produce many when the first set of rankings on the road to college football's new 12-team playoff came out Tuesday.




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Washington Spirit women's soccer players feel like 'most popping team in D.C' ahead of playoff run

The Washington Spirit women's soccer team, the self-proclaimed "most-popping team in the city," opens a playoff run at Audi Field on Sunday after a strong regular season that broke attendance records as more fans flock to women's sports.




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Amazon CEO rebukes claim that return-to-office mandate is covert layoff strategy

Amazon CEO Andy Jassy rejected claims made by some staff and analysts that the company's recently announced return-to-office strategy is a backdoor firing strategy.





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Shaw Sports Turf Named Official Synthetic Turf Provider of the College Football Playoff

Through this partnership, Shaw Sports Turf will showcase its innovative, differentiated products throughout the event spaces leading up to the 2024 national championship game, slated for January 8, 2023, at Houston’s NRG Stadium.




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Shaw Floors to Sponsor 2024 College Football Playoff National Championship

With this sponsorship, Shaw Floors’ Pet Perfect innovations and branding will be featured throughout the “Pet Perfect Puppies at the Playoff” activation within Playoff Fan Central. 




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Golfer An Byeong-hun Wins Genesis Championship After All-Korean Playoff

[Sports] :
South Korean golfer An Byeong-hun claimed his first DP World Tour victory in nine years, defeating compatriot Kim Joo-hyung on Sunday in a playoff on home soil.  At Jack Nicklaus Golf Club Korea in Incheon, during the final round of the 2024 Genesis Championship, An secured his second career win on the DP ...

[more...]




layoff

Why Many Companies Get Layoffs Wrong

From Microsoft to Google to Meta, many of the world's biggest tech companies have been announcing layoffs recently. Their explanation is usually that they overhired and need to cut costs. But Harvard Business School professor Sandra Sucher, who has been studying layoffs for years, says companies often underestimate the downsides. Layoffs don’t just come with bad publicity, she explains. They also lead to loss of institutional knowledge, weakened engagement, higher turnover, and lower innovation as remaining employees fear risk-taking. And she says it can take years for companies to catch up. Sucher is a coauthor of the HBR article "What Companies Still Get Wrong About Layoffs."




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Five Key Questions to Formulate a Top-Down Strategy for APAC Layoffs

Isha Malhotra, Trent Sutton and Nancy Zhang offer guidelines for in-house counsel when advising a business on a restructure in APAC.

ACC Docket

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From Loud Layoffs to Quiet Hiring: What Employers Need to Know in 2023




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Layoffs/RIFs – A Discussion on Strategies for Immigration Compliance

An increasing number of employers, especially those in the tech industry, are conducting layoffs or reductions in force. What happens to foreign workers in these situations, whose work visas are often tied to their jobs? What options are available to foreign nationals who are in the process of obtaining permanent residency or are seeking to retain employment so as not to jeopardize their visa status? What notification requirements do employers have in these situations?




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Layoffs Not In The Cards For Most Employers, Survey Says

Terri M. Solomon talks about Littler’s 2023 Employer Pulse Survey results, which show that employers are rebounding from 2020 as consumer spending on entertainment, travel and sports increases.

Law360 Employment Authority

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Anatomy of a layoff

By one estimate, 40 percent of American workers get laid off at least once in their careers. And when that happens, companies will often say, "It's not personal. It has nothing to do with you or your performance. We're just changing priorities, making a strategic shift."

It's like the business version of: "It's not you, it's me." And just like a breakup, it feels terrible.

This happened to a man we're calling V, who was working at the same company as his husband when he got laid off. And for V, the experience felt shocking. It left him and his husband with a lot of unresolved questions.

On today's show, the story of that layoff. And we help that couple get some answers by taking their questions to an HR expert who gives the low-down on lay-offs.

This story is adapted from a 3-part series on layoffs produced by Yowei Shaw for her show, Proxy. The layoff series was edited by John DeLore with research and reporting help from Kim Nederveen Pieterse. You can listen to the full layoff series from Proxy wherever you get your podcasts, and you can support the show and find out more by going to patreon.com/proxypodcast. And you can check out her original song "Gold Star" on Spotify and YouTube.

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Planet Money and hear our bonus episodes by subscribing to Planet Money+ in Apple Podcasts or at plus.npr.org/planetmoney.

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How to Be Ready for a Layoff

It never hurts to be prepared for the worst. Especially when it comes to losing your job.




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Disney to begin first of 3 layoff rounds this week, CEO says

Disney is starting the first of three waves of layoffs this week as part of its plan to cut 7,000 jobs across the company.




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Disney to unleash Round 2 of 7,000 total layoffs Monday, reports say

About 15% of The Walt Disney Co.’s entertainment staff could be cut next week as the company begins a second round of layoffs.





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Matsuyama avoids collapse and rallies to win FedEx Cup playoffs opener

With his command of the tournament slipping away, Matsuyama rolled in a 25-foot birdie putt on the 17th hole to regain the lead and then hit two shots as precise as any he hit all day for one last birdie to win a wild PGA Tour postseason opener at the FedEx St. Jude Championship.




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Koepka wins LIV Golf Greenbrier in playoff over Rahm

The FSU alum, who also won LIV Golf Singapore this year, picked up his fifth career victory since the Saudi-funded league began in June 2022.




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Matsuyama survives collapse to win FedEx Cup playoff opener; Koepka tops Rahm in LIV Golf

The start of the PGA Tour’s postseason had tense moments at the top of the leaderboard and on the bubble to determine the top 50 players in the FedEx Cup who advanced.




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How the Hurricanes can make the College Football Playoff after their first loss of the season

Despite losing their first game of the season, the Hurricanes still control their own destiny and can make the ACC title game and College Football Playoff.





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Softball slugger Ana Roman is a big hit for Hagerty entering FHSAA playoffs

Hagerty, with sophomore Ana Roman, is an FHSAA district favorite. Lake Brantley, Windermere, Bishop Moore, Eustis, OCP are top seeds.




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Heat, Butler (now ailing) make another playoff statement, push past Knicks 108-101 in series opener

Miami Heat again steal homecourt advantage in a playoff road opener, this time pushing past the New York Knick at Madison Square Garden.




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Verhaeghe stuns Boston Bruins in OT as Florida Panthers pull off one of the biggest playoff upsets in NHL history

The Panthers will face the Toronto Maple Leafs in the second round.




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What’s happening with 23andMe? Mass layoffs and restructuring are the latest blow for the embattled DNA-testing company

DNA-testing company 23andMe (Nasdaq: ME), once an industry leader that attracted millions of customers, including rapper Snoop Dogg and investor Warren Buffett, has announced significant cuts to its operations, with plans to lay off 200 employees or roughly 40% of its workforce. The company also said it will discontinue development of its therapeutic programs. Here’s what to know about the latest development and what led up to it.

Board exodus

The latest move comes as the company looks to stabilize after facing significant challenges, including the resignation of all seven independent board members in October.

Data breach

Last year, 23andMe suffered a massive data breach when hackers accessed the personal information of 6.9 million users. The incident led to a class-action lawsuit, which, in September, 23andMe agreed to settle for $30 million.

The problem with SPACs

In 2021, 23andMe went public through a merger with a special purpose acquisition company, or SPAC. It later expanded into drug-discovery and weight-loss sectors. However, as DNA test kit sales declined, so did its financial health. By fiscal 2023, it reported a $312 million net loss, with its stock down 98% since going public, currently at about $4 after a reverse stock split in October 2024.

Separate reports have found that things have often not ended well for companies that took advantage of the pandemic-era SPAC boom, which led to billions in losses for investors and a number of bankruptcies for companies.

What’s next for 23andMe and its employees?

The layoffs are expected to result in $12 million in severance, termination, and transition-related costs and are part of a broader plan to streamline the business and achieve annual cost savings of $35 million.

The company says it is exploring various strategic options for its therapeutic programs, including potential licensing agreements and the sale of assets in its development pipeline.

“We are taking these difficult but necessary actions as we restructure 23andMe and focus on the long-term success of our core consumer business and research partnerships,” said Anne Wojcicki, cofounder, CEO, and chair of the board, in a statement.

Shares of 23andMe were up almost 6% to $4.87 on the news, which was announced late yesterday. The stock is down more than 73% year to date.




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Rep. Hoyer warns of ‘freezes, furloughs, layoffs’

House appropriators passed the Financial Services and General Government 2025 spending bill yesterday, though it's 20% below what President Biden wanted.

The post Rep. Hoyer warns of ‘freezes, furloughs, layoffs’ first appeared on Federal News Network.




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Boeing layoffs weren't just a strike threat




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Playoff combatants Shin, Creamer commit to Kingsmill

Last September in the Kingsmill Championship, winner Jiyai Shin and runner-up Paula Creamer engaged in a riveting, LPGA-record, nine-hole playoff. On Tuesday, the tournament announced both will be back for the event, which has been moved up on the LPGA calendar to May 2-5.




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TikTok said to plan job cuts amid a wave of tech industry layoffs

TikTok plans to lay off employees this week, according to a report in the Information. The job cuts come as other companies have recently cut staff, including Apple and Google in California.




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Brooklyn could be headed for a Net loss in playoffs

The home team wasn't going to win every game in the NBA playoffs, anyway. The defiant and defensive-minded Chicago Bulls also might've been the easiest to predict as the first visitors to get a postseason victory after higher seeds went 8-0 in Game 1s over the weekend.




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Metro budget proposal includes massive layoffs and service cuts to address $750 million deficit

On Tuesday, Metro General Manager and CEO Randy Clarke proposed a budget for the next fiscal year that includes massive layoffs and dozens of service cuts as the agency faces a $750 million deficit.