Workforce-reduction is a topic tracked in our intelligence system with 5 linked articles.
Intuit plans to lay off over 3,000 employees to streamline operations and accelerate AI-focused product development.
Cisco reports record revenue while announcing 4,000 layoffs on the same day; CFO insists the cuts are not a savings-driven restructure.
Meta plans to cut about 10% of its staff next week, while internal chatter points to widespread low morale.
GitLab unveils Act 2: a transparent restructuring with workforce reductions, footprint consolidation (up to 30% fewer countries), ~60 smaller R&D teams (nearly doubling independent teams), AI-driven automation, retirement of CREDIT values, reaffirmed FY27 guidance, and a June 2 earnings call to disclose final financial impact.
GoPro plans a ~23% headcount reduction (~145 jobs, out of 631) to restore profitability, with up to $15 million in severance/benefits; cuts targeted for Q2 2026 and largely completed by year-end, flagged in an SEC Form 8-K.
Atlassian plans to cut roughly 1,600 jobs as it pivots toward AI.
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