Layoff News — 2026 Snapshot

The latest headlines on layoffs across technology, finance, and other industries. Updated June 2026 from major news sources.

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June 10, 2026 · SEC Filing · Retail

Target to Eliminate ~500 Corporate and Distribution Roles

Target said it would cut about 500 corporate and distribution roles in a reorganization concentrated in distribution operations and regional district teams, with store-level workers unaffected. Disclosed in a June 10 SEC filing, the move came as the retailer worked to streamline its cost structure amid soft discretionary demand.

500 affectedView Target layoff history →

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June 9, 2026 · Newsweek · Technology

Amdocs to Cut ~2,900 Jobs in Reorganization, Many in Israel

Enterprise-software and telecom-billing vendor Amdocs said about 2,900 employees — many based in Israel — would lose their roles as part of an ongoing reorganization. It was the largest single tech layoff logged in the first half of June 2026, a relatively quiet month for WARN filings after a volatile spring.

2,900 affectedView Amdocs layoff history →

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June 8, 2026 · Crunchbase News · Technology

Salesforce Trims ~86 Roles Across Agentforce, MuleSoft, Marketing Cloud

Salesforce trimmed about 86 positions across its Agentforce AI, MuleSoft, and Marketing Cloud units, affecting workers in California, Washington, and overseas. The small cut followed the larger reduction of nearly 1,000 roles the company made in February 2026 amid an AI-driven reorganization.

86 affectedView Salesforce layoff history →

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June 1, 2026 · Newsweek · Healthcare

Walgreens Cuts 159 Workers as Houston Distribution Center Closes

Walgreens cut 159 workers in Texas as it closed a Houston distribution center, effective June 1 — part of broader footprint and cost reductions at the pharmacy chain. The move adds to a multi-year retrenchment that has included store closures and supply-chain consolidation amid pressure from competition and thin retail-pharmacy margins.

159 affectedView Walgreens layoff history →

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June 1, 2026 · Newsweek · Healthcare

Gilead to Lay Off 108 at Redwood City Headquarters

Gilead Sciences filed to lay off 108 employees at its Redwood City, California headquarters, effective June 30, as the biotech trimmed corporate roles heading into mid-2026. The reduction is part of a wave of biopharma headcount adjustments captured in WARN filings across California and New Jersey this spring.

108 affectedView Gilead Sciences layoff history →

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May 28, 2026 · CNBC · Technology

Wix to Cut ~20% of Staff, Citing Shekel Surge and AI Pivot

Wix said it would cut about 20% of its staff — just over 1,000 of its roughly 5,277 employees, settling near 4,200 — as CEO Avishai Abrahami cited both a strengthening Israeli shekel against the company's U.S.-dollar revenue and an AI-native pivot. The announcement followed a Q1 earnings miss that sent the stock down 27% despite $541 million in revenue.

1,000 affectedView Wix layoff history →

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May 27, 2026 · San Francisco Chronicle · Technology

Webflow Restructures for the 'Agentic Web' in Abrupt Layoff Round

Webflow restructured around an 'agentic web' AI pivot, announced in a May 27 blog post from CEO Linda Tong that did not disclose a headcount; estimates put the cut around 140 roles — larger than the 8% reduction it made in 2024. Affected employees reported being locked out of their laptops before receiving termination emails, drawing criticism over how the round was handled.

140 affectedView Webflow layoff history →

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May 21, 2026 · Fast Company · E-commerce

Groupon Cuts Up to 400 Jobs in 'AI-Native' Project Foundry Pivot

Groupon announced up to 400 job cuts — nearly a quarter of its workforce — under 'Project Foundry,' an AI-native pivot that deploys AI voice agents to replace the human merchant-outreach sales calls that have anchored its local-deals business since 2008. The company booked $7–13 million in severance charges to unlock $20–25 million in annualized savings and raised its 2026 adjusted EBITDA guidance.

400 affectedView Groupon layoff history →

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May 20, 2026 · TechCrunch · Technology

Intuit to Lay Off Over 3,000 Employees to Refocus on AI

Intuit said it would lay off more than 3,000 employees — roughly 17% of its workforce — as it simplifies its structure and refocuses on AI. The accounting and fintech software maker has struck partnerships with leading AI labs including Anthropic and OpenAI as it reorients its products. The cuts came amid mixed messaging from leadership about the role of AI in the reductions.

3,000 affectedView Intuit layoff history →

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May 19, 2026 · CNBC · Finance

Standard Chartered to Cut ~7,800 Roles by 2030 as AI Replaces Back-Office Work

Standard Chartered said it would cut about 7,800 jobs — more than 15% of its corporate-functions roles such as HR, risk, and compliance — by 2030, partly through attrition and redeployment. CEO Bill Winters bluntly framed the move not as cost-cutting but as 'replacing lower-value human capital' with AI, targeting roughly 20% higher income per employee by 2028. Of about 82,000 staff, some 52,000 are in the support roles being trimmed.

7,800 affectedView Standard Chartered layoff history →

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May 18, 2026 · SDxCentral · Technology

Verizon Continues Mass Layoffs With Hundreds More Jobs Cut

Verizon disclosed a new round of about 621 job cuts via a WARN filing, on top of some 13,000 reductions in the prior six months. CEO Dan Schulman has pointed to AI replacing workers as part of a drive toward roughly $5 billion in operating-expense savings. The telecom giant has been among the most aggressive U.S. employers in tying workforce reductions to automation.

621 affectedView Verizon layoff history →

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May 18, 2026 · Retail Dive · Retail

IKEA Franchisor Inter IKEA Group Cuts 850 Jobs Amid Weak Demand

Inter IKEA Group, the IKEA franchisor, said it would cut about 850 jobs of its roughly 27,700 staff — mostly in support functions, with around 300 in Sweden — to gain 'simplicity and speed.' The company cited weaker consumer confidence, rising costs, U.S. tariffs, and Iran-conflict fuel prices squeezing home-furnishings spending. The cuts followed roughly 800 layoffs at retail operator Ingka Group in March.

850 affectedView Inter IKEA Group layoff history →

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May 16, 2026 · Entrackr · Healthcare

Innovaccer Lays Off ~340 in 'AI-Native' Restructuring

Health-tech unicorn Innovaccer laid off about 340 employees across India and the U.S. — its third workforce reduction in four years — as CEO Abhinav Shashank restructured around an 'AI-native' operating model, saying AI had automated workflows that once required large teams. The cuts came months after a $75 million ESOP buyback in January. (Some aggregators initially reported ~850; primary reporting puts the figure near 340.)

340 affectedView Innovaccer layoff history →

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May 15, 2026 · HRD America · Retail

Starbucks Cuts About 300 Corporate Jobs in Cost-Reduction Drive

Starbucks cut about 300 corporate jobs — including dozens of technology roles in Seattle — as part of a roughly $2 billion cost-reduction effort targeting fiscal 2028. The reductions included a reorganization of its technology functions. The cuts reflect a broader retrenchment among large employers as corporate downsizing spread across industries in 2026.

300 affectedView Starbucks layoff history →

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May 14, 2026 · Fox Business · Technology

Cisco Cuts About 4,000 Jobs the Same Day It Reports Record Revenue

Cisco said it would cut about 4,000 jobs — under 5% of its workforce — on the same day it reported record quarterly revenue of $15.8 billion. The company described the move as a reallocation of resources toward silicon, optics, security, and AI rather than a savings-driven cut. The juxtaposition of record revenue and layoffs underscored how AI-era reinvestment is reshaping even thriving tech firms.

4,000 affectedView Cisco layoff history →

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