Tag Archives: Layoffs

Sarepta Stock Soars. Why Layoffs and a ‘Black-Box’ Warning Are Good News.  Barron’s Sarepta Therapeutics lays off one-third of workforce in drastic cost-cutting  The Boston Globe Sarepta Soars as Gene Therapy Stays on Market With Warning  Bloomberg Sarepta to lay off about 500 employees after Duchenne gene therapy setbacks  BioPharma Dive Sarepta pivots to siRNA and lays off 500 staffers as Elevidys gets box …

Virtuos – the studio behind this year’s successful The Elder Scrolls 4: Oblivion Remastered and whose staff have also worked on the recently announced Cyberpunk 2077 update as well as serving as a support studio for the anticipated Metal Gear Solid Delta: Snake Eater – has reportedly been impacted by layoffs. According to a post on BlueSky by Gauthier Andres, …

Scale AI just laid off approximately 200 full-time employees (14% of its 1,400-person workforce) and 500 contractors, according to the company. This comes after Meta invested $14 billion into Scale AI last month as part of a blockbuster AI deal that included the hiring of Scale’s ex-CEO, Alexandr Wang, to lead its new Superintelligence group and the purchase of equity in almost …

Just under two weeks ago, Microsoft announced it was laying off 9,000 employees across its workforce and revealed it had cancelled ZeniMax Online Studios’ new MMORPG codenamed Blackbird (along with Rare’s Everwild and the Perfect Dark reboot, with the latter’s development studio The Initiative shuttered). Now, a report suggests ZeniMax devs who worked on the game will soon be affected …

State Dept. Layoffs Hit Russia and Ukraine Analysts  The New York Times State Dept layoffs necessary for ‘higher quality’ workforce, deputy secretary tells lawmakers  Federal News Network State Department cuts hit cyber diplomats doing international engagements  Nextgov/FCW State Department cuts China policy staff amid major overhaul  The Washington Post Veteran U.S. diplomats baffled after mass layoffs at State Department  NBC News Source link

A top State Department official who oversaw widespread layoffs last week is defending the personnel cuts, telling lawmakers these decisions will produce a “higher quality” workforce to carry out the Trump administration’s foreign policy agenda. Michael Rigas, the deputy secretary of state for management and resources, told the House Foreign Affairs Committee that terminating more than 1,350 employees last Friday …

Some agencies are walking back planned layoffs, Trump administration says  Government Executive The Collateral Damage of Federal Work Force Cuts: Summer Interns  The New York Times US agencies shrink layoff plans after mass staff exodus  Reuters Cleared to Lay Off Workers, Some Federal Agencies Find Many Already Left  The Wall Street Journal ‘Be efficient:’ EPA Administrator Lee Zeldin lays out the agency’s goals for …

Trump Live Updates: Pittsburgh A.I. Summit, Ukraine Weapons, Mass Layoffs and More  The New York Times A $75B investment is coming to Pa. Here’s what tech and energy leaders are saying before the Pittsburgh summit.  Pittsburgh Post-Gazette Pittsburgh event featuring Trump, Shapiro to tout $70B in energy, AI investments across Pa.  TribLIVE.com Trump attending major energy and AI summit today at Pittsburgh’s Carnegie …

Microsoft announced 9,000 layoffs. What does that mean for WA state?  The Olympian Why do games end up in development hell? | Opinion  GamesIndustry.biz “What happened with Microsoft was clear”: Former Square Enix exec says Game Pass, “a service with barely any growth,” didn’t cause layoffs – competition with AI did  GamesRadar+ The Xbox Layoffs Make It Clear That It’s Past Time To …

HHS finalizes ‘portion’ of employee layoffs following Supreme Court ruling HHS is the third agency to advance its workforce cuts following the Supreme Court’s recent ruling. Jory Heckman@jheckmanWFED July 14, 2025 7:30 pm 2 min read Many employees who received layoff notices from the Department of Health and Human Services in April are now officially separated from the agency, according …