Several companies are implementing significant layoffs as part of restructuring efforts. AT&T is reportedly undergoing another round of layoffs, although specific numbers were not disclosed. Emergent BioSolutions announced it would cut up to 70 roles at its Lansing, Michigan facility. Advertising firm McCann, formerly McCann Erickson, is laying off approximately 500 employees in Michigan. Connecticut-based Pitney Bowes plans to reduce its workforce by about 1,000 employees across the U.S. Additionally, web browser and search startup Brave has laid off 27 employees, following a previous reduction of 9% of its workforce in October 2023, which left it with an estimated 191 employees. Scale AI has also laid off around 1,000 employees and contractors via email.