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EXCLUSIVE: Major layoffs are underway Monday the Walt Disney Company, with several hundred employees impacted globally, Deadline has learned. The bulk of them are across divisions of Disney Entertainment, including marketing for both film and television as well as television publicity, casting and development. Also affected are Disney’s corporate financial operations. According to sources, the size of the cuts on the film and TV side of Disney Entertainment is comparable. No teams are being eliminated. The majority of the Disney Entertainment Television staffers are said to be based in Los Angeles. Deadline will continue its coverage as more details about...

CVS says it will close 271 retail locations across the country by the end of the year. The company — the world’s second-largest healthcare provider — announced the move to stockholders late last week as part of an enterprise-wide restructuring plan. The goal, CVS says, is to simplify the organization, improve efficiency, and generate more than $500 million in cost savings in 2025. CVS has not yet released which stores will be affected or when closures will take place. The company currently operates around 9,100 stores across the US. Founded in 1963 in Lowell, Massachusetts, CVS is now headquartered in...

Verizon announced the termination of its diversity, equity, and inclusion (DEI) policies in a Thursday letter sent to FCC Chairman Brandon Carr. The telecommunications company said it recognized that some of its DEI policies were "discriminatory" and vowed to terminate all company roles focused on DEI effective immediately. This comes after the Trump administration launched a probe into the company over such policies in February. Verizon cited Supreme Court rulings, President Donald Trump's executive orders, and federal mandates for its decision to eliminate DEI from the company. The company will no longer maintain workforce diversity goals and said it would...

A Redfin analysis shows that the number of homes for sale in Washington, DC, rose at the fastest pace on record last month. Sweeping layoffs of government workers spearheaded by DOGE boosted the figure. DOGE slashed over 200,000 federal jobs in March alone, one analysis found. Widespread layoffs of federal workers are rippling through the housing market of the nation's capital, with Washington, DC, in April seeing the biggest surge in the number of homes for sale ever recorded, data from Redfin shows. Active listings of homes for sale in Washington, DC, soared 25.1% year-over-year in the four weeks leading...

Shortly after taking office, the Trump administration offered federal employees a deal many couldn’t refuse: resign voluntarily and receive full benefits and paid leave lasting until September.Demonstrators rally outside the U.S. Office of Personnel Management in Washington on Feb. 5, 2025. Nathan Howard/ReutersMore than 75,000 workers eventually accepted the Deferred Resignation Program, or buyout, which came as part of the administration’s broader efforts to shrink the size of the federal bureaucracy. Since the beginning of President Donald Trump’s second term, the government has already laid off hundreds of thousands of federal employees and contractors.As the federal government concludes a second...

From ancient Rome to modern America, the impulse to wall off economies in times of crisis has proven consistently disastrous. Whether through tariff wars, currency debasement, or autarkic fantasies, economic nationalism has repeatedly triggered collapse -- not recovery Politicising structural economic fundamentals always leads to chaos, as history tells us. In the early 1930s, American President Herbert Hoover faced an agonising decision. The global economy, already reeling from the crash of 1929 and the calamity of the Great Depression, presented Hoover with mounting demands from his supporters for protectionism as a means of shielding the American economy from further harm....

The layoffs come as the Trump administration continues to shrink the size of the federal workforce through the Department of Government EfficiencyThe Internal Revenue Service (IRS) will slash its workforce by at least 25% beginning Friday with layoffs as the Trump administration continues to shrink the size of the federal government. In addition to the layoffs, the agency said in a letter to employees that it is eliminating its Office of Civil Rights and Compliance, which is responsible for protecting taxpayers from discrimination, audits and investigations. The remaining employees in the division will be transferred to other departments. "In a...

Layoffs across the U.S. surged 205% in March when compared with a year earlier, with last month's 275,240 job cuts fueled by widespread firings engineered by billionaire Elon Musk's Department of Government Efficiency, or DOGE, according to outplacement firm Challenger, Gray & Christmas... Last month's cuts were led by losses in federal jobs, largely directed by DOGE, with more than 216,000 government employees fired from their jobs in March, Challenger said.

Federal agencies have accelerated their efforts to cut thousands of jobs, offering buyouts and eliminating entire offices as the Trump administration’s deadline to downsize approaches. At least six federal agencies have in recent days extended a “deferred resignation” offer that was originally pitched to government workers in January as a one-time opportunity that would allow employees to resign but continue to be paid for a period of time.

A massive wave of job cuts got underway at US health agencies early Tuesday, with some employees receiving early morning emails that their jobs were eliminated and some unable to access the building when they arrived at work... At the Centers for Medicare and Medicaid Services, the entire Office of Equal Opportunity and Civil Rights – which handles issues of diversity, civil rights and a supportive work environment – was let go, according to a former HHS employee. The notices sent to staffers in the office suggested that they contact the former director of the office if they had a...

Layoff notices began arriving early Tuesday for thousands of employees of the sprawling Department of Health and Human Services and its subsidiary agencies, with as many 10,000 workers potentially expected to be hit by the cuts, including some of the country’s top health officials... Emails went out to affected employees around 5 a.m., but some who hadn’t seen the messages showed up to work only to be turned away, realizing they had lost their jobs because their badges weren’t working, multiple sources told STAT.

Employees across the massive U.S. Health and Human Services Department began receiving notices of dismissal on Tuesday in an overhaul ultimately expected to lay off up to 10,000 people.... An email viewed by The Associated Press shows some senior-level employees of the Bethesda, Maryland, campus who were placed on leave were offered a possible transfer to the Indian Health Service in locations including Alaska and given until end of Wednesday to respond.

The Los Angeles Times has delivered another round of layoffs with the outlet’s business side slashed just weeks after 40 newsroom employees accepted buyouts. The Wrap reports the full count isn’t known, citing Oliver Darcy that dozens of employees across the company’s operations and communications sections were let go this week, including Vice President of Communications Hillary Manning. Representatives for the Los Angeles Times didn’t immediately respond to a request for comment from TheWrap.

The numbers: Some 224,000 people who lost their jobs applied last week for unemployment benefits, a very low number that suggests the U.S. labor market is still in good shape even as trade wars reverberate through the economy. Initial jobless claims excluding federal workers fell by 1,000 to 224,000 in the seven days that ended March 22, the government said.

Retired business owner Catherine Byrd is thrilled with President Trump’s push to shrink what she considers a bloated federal workforce. And she isn’t at all concerned for the tens of thousands of people losing jobs. “I don’t feel bad for them a bit. I’ve worked in the private sector all my life,” and got laid off from jobs in the early days, the Georgia resident said. “You know what you do? You go out and find another job, and there are plenty of jobs to find.” While there is outcry over thousands of federal workers losing their jobs to Department...

The City of Los Angeles is bracing for layoffs of thousands of municipal employees due to a budget crisis that is said to be “inevitable,” as the city is reeling from recent wildfires and still preparing to host the 2028 Summer Olympics. The Los Angeles Times reported: L.A.’s financial problems exploded into a full-blown crisis on Wednesday, with the city’s top budget official announcing that next year’s shortfall is now just shy of $1 billion, making layoffs “nearly inevitable.” City Administrative Officer Matt Szabo advised the City Council to focus on cost-cutting measures, including a potential reduction in the size...

Public education is facing a crisis as mass teacher layoffs sweep across the country. Thousands of educators are losing their jobs, and the consequences are already being felt in schools and communities. This isn’t just about numbers on a budget sheet. These are real teachers, real students, and real families being affected by decisions that will reshape the future of education in America. In Massachusetts, the situation is especially severe. The Department of Education is slashing nearly 50% of its workforce, eliminating over 1,300 positions. The official reasoning? Cost-cutting and streamlining operations. But critics warn that these cuts will hit...

Who knew that Johns Hopkins University had a head count so bloated that it could easily cut 2000 staff members? Honestly, I could have guessed that without looking up the student enrollment. It is a university of some size, and therefore has an uncounted number of useless or worse employees whom they can afford to keep on board because the federal government keeps pouring ungodly amounts of money into Higher Ed, even though the return for both the country and for the students is getting worse and worse. Johns Hopkins University announces it will fire nearly 2,000 workers over cut...

Bungling MSNBC bigwigs accidentally printed out details about the left-leaning network’s impending jobs bloodbath — and the top-secret document was found by a stunned staffer who leaked the details to co-workers, The Post has learned. The production assistant stumbled across the “kill list” at MSNBC’s 30 Rock headquarters in midtown Manhattan shortly before the cuts were announced on Monday, Feb 24, sources close to the situation said. The printed pages, which were viewed by The Post, laid out meetings to be held with workers and “talent” about their fate in ominously-dubbed “impact conversations,” the insiders said. “On the Monday, management...

KEY TAKEAWAYSThe Walt Disney Co. is reportedly laying off around 200 employees, or just under 6% of the combined staff at its ABC News Group and Disney Entertainment Networks units. According to The Wall Street Journal, an announcement will be made to employees as early as Wednesday. Disney is, like the rest of the entertainment industry, grappling with cord-cutting and the decline of cable networks’ audience while its streaming platform has seen quarter-over-quarter declines in subscribers. The Walt Disney Co. (DIS) is laying off around 200 employees, or just under 6% of the combined staff at its ABC News Group...