Category: Layoffs and Closures

Target Corporation eliminated 500 corporate and field positions on February 9, 2026, just eight days after a CEO transition that capped months of boycott pressure and sliding sales. The cuts, split between district management and supply chain operations, arrived as new chief executive Michael Fiddelke began reshaping the retailer’s leadership structure. Together, the layoffs, the…

T G S Transportation Inc., a California-based carrier listed in federal records as operating 20 power units and employing 20 drivers, appears to have ceased operations and is reported as a Chapter 7 bankruptcy liquidation, joining a growing list of Golden State trucking firms under pressure amid a punishing freight-rate slump. The shutdown leaves drivers…

Macy’s has confirmed another round of store closures, with 14 additional locations set to shut their doors as the retailer accelerates a years-long plan to shed underperforming sites and redirect resources toward its strongest properties. The cuts follow a previous wave of 66 closures and bring the company closer to its target of eliminating roughly…

First Brands Group, the bankrupt auto-parts supplier behind brands like Autolite spark plugs, has begun cutting jobs across its North American operations after potential acquirers pulled back from the deal table. The layoffs come just days after federal prosecutors charged company executives with a multibillion-dollar fraud scheme, a development that has thrown the firm’s already…

General Motors is cutting thousands of electric vehicle jobs across its U.S. manufacturing operations, a decision that landed on workers at multiple plants effective January 5, 2026. The layoffs, spanning facilities in Michigan and Ohio and extending to joint-venture battery sites, stem from what GM describes as slower-than-expected EV adoption and shifting federal policy on…

Lucid Group is cutting roughly 12% of its U.S. workforce, a move the company tied directly to its push for better gross margins and long-term financial health. The layoffs, which affect an estimated 800 positions based on the company’s reported global headcount of approximately 6,800 full-time employees as of the end of 2024, land at…

Old Line Brewers, LLC, the company behind Baltimore’s The Brewer’s Art, has filed a Chapter 7 voluntary bankruptcy petition in the U.S. Bankruptcy Court for the District of Maryland, a move that typically leads to liquidation rather than a business restart. Court records indicate the filing has been docketed, placing the roughly 30-year-old brand on…

E. & J. Gallo Winery is shutting down a major Napa Valley production facility and cutting dozens of jobs across five California locations, a move that strips away positions tied to some of the state’s most recognized wine labels. The closure of the 70-acre Ranch Winery in St. Helena, which Gallo purchased in 2015, eliminates…

Whirlpool is cutting hundreds of jobs at its Amana, Iowa, facility effective March 9, 2026, adding to a growing wave of factory layoffs that has drawn sharp criticism from lawmakers on both sides of the aisle. The cuts come as Democratic Rep. Ro Khanna of California has sounded the alarm over more than 4,100 factory…

OpenAI CEO Sam Altman accused fellow tech leaders of using artificial intelligence as a convenient excuse to justify workforce cuts that have nothing to do with the technology. Speaking at the India AI Impact Summit in February 2026, Altman told CNBC-TV18 that companies are engaged in “some AI washing” by blaming AI for layoffs they…