Business & Tech
Thousands Of Layoffs Announced, Including This Connecticut Company
Thousands of layoffs have been announced nationwide, including at a Connecticut company.
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A growing number of U.S. companies across multiple industries, including in Connecticut, have announced layoffs this week, according to a roundup of recent filings and disclosures.
The company laying off employees in Connecticut this week is Talcott Resolution Life, with its layoff of 101 workers effective April 24. The company indicated in a notice to the state that it plans to close certain functions of its operations and IT departments at its Hartford facility, prompting the layoffs.
While not happening this week, starting in May, layoffs will begin at a Stanley Black & Decker manufacturing facility in New Britain, with 300 employees to be impacted.
Connecticut’s unemployment rate is around 4.7 percent, according to the latest data from the state Department of Labor.
The job cuts, compiled by Newsweek, reflect a mix of restructuring efforts, cost-cutting measures and, in some cases, shifts tied to artificial intelligence and changing market conditions.
The layoffs span industries including technology, finance, health care, manufacturing, hospitality and agriculture, underscoring the breadth of workforce reductions across the U.S. economy.
Companies that reported layoffs include:
- Lucid Group: 251 to 500 employees in California.
- Safari West: 101 to 250 employees in California.
- Vimeo: 101 to 250 employees in New York.
- Talcott Resolution Life: 101 to 250 employees in Connecticut.
- Blue Cross Blue Shield: 101 to 250 employees in New Jersey.
- Charles River Laboratories: up to 100 employees in Massachusetts.
- ERN Services Inc.: up to 100 employees in California.
- Boston Electrometallurgical Corporation: 51 to 100 employees.
- VCA Bay Area Veterinary Specialists & Emergency Hospital: 51 to 100 employees in California.
- Monroe Operations/Newport Healthcare: 22 to 100 employees.
- Meteor Creative: 51 to 100 employees in Ohio.
- C3.ai: 51 to 100 employees in California.
- Speyside Bourbon Cooperage: 51 to 100 employees in Virginia.
- Koppers: 51 to 100 employees in South Carolina.
- Bluum USA: 51 to 100 employees in Texas.
- HCL: 51 to 100 employees in Florida.
- RED O La Jolla: 51 to 100 employees in California.
- Resonetics: 51 to 100 employees in California.
- Hornblower Cruises and Events: 51 to 100 employees in Maryland.
- Wells Fargo: 11 to 50 employees in California.
- Legends Global: 11 to 50 employees in Massachusetts.
- Peshastin Pear Packers: 11 to 50 employees in Washington.
- Corteva: 0 to 10 employees in California.
- Wescom Financial: 22 to 240 employees in California.
Analysts say many companies are trimming payrolls as they adjust to economic pressures and invest in automation and artificial intelligence, a trend that has driven widespread job cuts across sectors in 2026, according to Business Insider.
The Worker Adjustment and Retraining Notification Act, or WARN, requires employers with 100 or more employees to provide 60 days’ advance written notice of plant closings or mass layoffs. Business Insider said it curated is list from the WARN Tracker.
Some of the job cuts planned in 2026 were previously announced. They include:
- Amazon: about 16,000 jobs cut as part of a corporate restructuring.
- UPS: plans to cut 30,000 jobs, largely through attrition.
- Oracle: reports indicate tens of thousands of layoffs, with estimates around 30,000 jobs globally.
Several other large firms announced significant but less precisely quantified cuts:
- Meta Platforms: ongoing restructuring tied to AI and reduced investments in some divisions; earlier and planned cuts affect thousands of workers.
- Block: about 4,000 jobs cut, roughly 40 percent of its workforce.
- Atlassian: roughly 10 percent of staff laid off.
- Pinterest: layoffs affecting less than 15 percent of employees.
Additional companies across sectors have also reduced headcount:
- GoPro, Nike, Heineken, and Citi: layoffs tied to cost management and shifting business strategies.
- Epic Games, Dell, and others: workforce reductions as part of broader restructuring or efficiency efforts.
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