Companies are cutting workers while building the infrastructure meant to replace some of their work. The 2026 layoff cycle has passed the point where it can be explained as a correction from pandemic-era hiring. As of June 24, the 2026 layoffs tracker counted 267 layoff events affecting 185,894 workers. More than half of those events…
New York’s crackdown on fake job listings treats a symptom, not a disease. The real problem is that labor markets now reward the appearance of growth as much as growth itself. New York lawmakers approved legislation targeting “ghost jobs”—postings for positions that do not exist or are not actively being filled. Employers would face disclosure requirements: state…
This summer is on track to be the worst for teen employment since the federal government started counting in 1948 — and the explanation isn’t a shortage of jobs. It’s a shift in what counts as worth doing. The Wall Street Journal reported this summer is projected to be the weakest for teen employment since…
Companies are increasingly reducing labor through attrition, allowing workforce cuts to happen quietly and with fewer political costs. Reuters reported on June 19 that BMW is preparing discussions with employee representatives as the automaker pursues additional efficiency measures after issuing another profit warning. Analysts expect headcount to decline by as much as 5%, or roughly 7,700 jobs,…
The BBC will cut 550 jobs across its news and content divisions, Reuters reported, as part of new director-general Matt Brittin’s plan to save £500 million over the next three years — the first phase of a downsizing that’s expected to eliminate 1,800 to 2,000 positions total. The cuts will close several long-running programs, including some…
Companies citing AI as the reason for layoffs are not, on average, seeing the financial discipline that justification implies. As of June 14, 247 layoff events have displaced nearly 184,000 workers across tech, finance, and healthcare in 2026, an average of 1,115 jobs lost every working day, nearly double 2025’s pace. TechTimes reported the figures…