Layoffs

Epic Games laid off 1,000 employees following significant downturn in Fortnite engagement. CEO Tim Sweeney cited challenges in delivering consistent seasonal content.

Leadership read: Despite layoffs, Epic will need to selectively hire: narrative designers and single-player game specialists (pivoting from live-service), creative directors experienced with story-driven content, and potentially senior leadership to restructure the organization. May also need retention-focused hirin

curated · 2026-06-12 · context →

Pleo laid off approximately 50 staff members last week across its Offering teams (product, tech, design, data roles), with majority being engineering and data roles including senior-level positions. This follows 100 layoffs in the previous year. Around 300 people worked in these teams before cuts. Staff impacted across Denmark, UK, and Germany.

Leadership read: Despite layoffs, expect targeted hiring in: AI/ML specialists (to replace human roles with automation), product managers with expertise in automation/efficiency, financial controllers and CFO-level roles (cost management focus), and potentially sales/customer success leaders (to maximize revenue fro

curated · 2026-06-12 · context →

Opendoor shut down entire India office with approximately 250 employee layoffs, citing AI-led automation. Company consolidated manual workflows previously handled by offshore Indian employees.

Leadership read: Suggests Opendoor prioritizing AI automation and may be hiring for: AI/ML Engineering leadership, Data Scientists, Automation Engineers, Fewer customer service/support roles as AI handles workflows. Potential hub consolidation favoring certain geographies.

primary · 2026-06-12 · context →

Ubisoft closed its Winnipeg studio on June 11, 2026, resulting in approximately 65 employee layoffs. Belgrade studio also mentioned as closing with up to 380 roles total impacted

Leadership read: Likely consolidating teams and may need to hire selectively in core studios. Watch for leadership changes and restructuring announcements. Openings may emerge in remaining studios as responsibilities shift

primary · 2026-06-11 · context →

Seven Network is implementing mass redundancies with up to 200 staff expected to be cut across the company. This represents a significant restructuring event for Australia's major media broadcaster.

Leadership read: Short-term hiring freeze expected across most divisions. Potential selective hiring for cost-optimization roles (finance, operations, technology infrastructure). Executive leadership positions focused on restructuring/turnaround specialists may be needed.

curated · 2026-06-10 · context →

Shopee laid off approximately 8% of developer workforce globally (hundreds of developers), with Singapore product and engineering teams particularly affected. Restructuring driven by shift toward AI initiatives

Leadership read: Likely hiring of AI/ML specialists, senior engineers focused on AI integration; potential for mid-to-senior engineering leadership roles to reorganize remaining teams and drive AI strategy; possible hiring of specialist technical architects

curated · 2026-06-10 · context →

Kyndryl is conducting multi-country workforce rebalancing with a $200 million severance charge. In the UK alone, at least 100 employees expected to leave through voluntary redundancy with 4-month pay packages, with compulsory redundancies to follow if targets not met. Affects small percentage of 73,000-person workforce.

Leadership read: Limited immediate hiring expected. May need restructuring/operations roles to streamline post-redundancy. Consider retention recruitment for critical technical and leadership roles to stabilize remaining teams. Opportunity to acquire talent from departing senior individual contributors.

curated · 2026-06-09 · context →

Barbeques Galore is laying off hundreds of employees

Leadership read: Company is in contraction mode; unlikely to be hiring. May need restructuring/turnaround executives, operations leaders to streamline costs, or finance leaders for debt management

primary · 2026-06-09 · context →

FanDuel has undergone its third round of layoffs in less than a year, with a few hundred employees laid off across software engineering, customer service, and business development. This is part of a broader restructuring following CEO Amy Howe's departure in May and the sunsetning of FanDuel TV network.

Leadership read: While FanDuel is currently reducing headcount, this represents a contraction phase. However, executive search should monitor for future hiring needs in AI/ML, prediction market product development, and senior leadership roles (CEO replacement, product strategy). May see talent available from layoffs

primary · 2026-06-08 · context →

ClickUp CEO Zeb Evans announced a 22% headcount reduction while claiming the business is 'the strongest it's ever been.' The layoff accompanied a major organizational restructuring around AI agents, with new roles emerging: agent managers, product builders, and system owners.

Leadership read: Will need to recruit heavily for: AI agent specialists/managers, product builders with AI expertise, system architects, and customer-facing roles. May also need senior engineers to lead agent oversight and review functions.

curated · 2026-06-08 · context →

As part of turnaround strategy following potential board takeover, headcount reduction is planned.

Leadership read: Limited hiring except for specialized restructuring/change management roles. Post-restructuring, selective hiring for core business areas.

curated · 2026-06-07 · context →

ESPN acquiring NFL Network, with planned layoffs across off-air and on-air employees due to operational duplication and cost reduction targets

Leadership read: Limited hiring near-term; executive search focus should be on ESPN competitors and emerging sports media platforms seeking talent displaced from ESPN consolidation

primary · 2026-06-05 · context →