Image via Entrackr
Pocket FM: Layoffs
Pocket FM laid off more than 100 employees as part of restructuring aimed at reducing costs and improving operational efficiency. Company is pivoting to profitability focus.
Source: Entrackr
The leadership read
Workforce moves like this mark the contracting side of the sector hiring conditions.
Market context: Against a Talent Market Index of 98.6 (Neutral) (down 1.4 month-on-month), Americas is at easing (-2.6pts) on signal share.
Pocket FM: 2 signals in the last 90 days; 0.2% of MitchelLake's Asia signal flow; 2 tracked across 19 days.
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Also at Pocket FM →
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Southern Oregon University →Southern Oregon University is cutting 3 academic majors and approximately 66 jobs as part of restructuring following financial exigency declaration and previous workforce reduction rounds.
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Algoma Steel →Algoma Steel laid off approximately 1,000 employees and reported a billion-dollar loss in 2025. CEO received $6.8 million compensation package despite the company's severe financial distress.
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Rivian →Rivian announced a workforce reduction of less than 2% as part of a cost reduction initiative.
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Expeditors →Expeditors International cut 230 tech jobs across Seattle region offices, ending decades-long no-layoff policy; affected roles include software developers, QA testers, project managers, and business analysts
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GoDigital Music →GoDigital Music experienced a significant client loss that resulted in layoffs. The company failed to monitor client environment changes and external factors impacting their business, leading to operational restructuring.
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