Story perspectives

Meta, Swedish Match, General Dynamics Cut Hundreds Amid Weak Economy

5/8/2026

Summary

Story summary

U.S. companies filed Worker Adjustment and Retraining Notification (WARN) notices, with Meta cutting 8,000 jobs May 20.
Swedish Match Cigars Inc. will close Dothan, Alabama site, laying off 54 workers on May 31.
General Dynamics Information Technology filed a WARN notice for 87 layoffs in Washington, D.C.
HR consultant Bryan Driscoll said cuts stem from a weak economy.
9i Capital Group CEO Kevin Thompson blamed over-hiring, prompting analysts to expect WARN notices.

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Story summary

U.S. companies filed Worker Adjustment and Retraining Notification (WARN) notices, with Meta cutting 8,000 jobs May 20.
Swedish Match Cigars Inc. will close Dothan, Alabama site, laying off 54 workers on May 31.
General Dynamics Information Technology filed a WARN notice for 87 layoffs in Washington, D.C.
HR consultant Bryan Driscoll said cuts stem from a weak economy.
9i Capital Group CEO Kevin Thompson blamed over-hiring, prompting analysts to expect WARN notices.