120,943 employees affected across 39 reported layoff events in 2026.
120,943
Total Affected
39
Events
9
Industries
Walgreens · Jun 1 · 159 affected
Walgreens Cuts 159 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.
Gilead Sciences · Jun 1 · 108 affected
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.
Wix · May 28 · 1,000 affected
Wix to Cut ~20% of Staff, Citing Shekel Surge and AI
Wix said it would cut about 20% of its staff -- just over 1,000 of its roughly 5,277 employees, with the workforce 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.
Webflow · May 27 · 140 affected
Webflow Restructures for the "Agentic Web"
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.
Groupon · May 21 · 400 affected
Groupon Cuts Up to 400 Jobs in AI-Native 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.
Intuit · May 20 · 3,000 affected
Intuit to Lay Off Over 3,000 Employees to Refocus on AI
Intuit announced it would lay off more than 3,000 employees -- about 17% of its workforce -- to simplify its structure and refocus on AI, even as it signed deals with Anthropic and OpenAI.
Standard Chartered · May 19 · 7,800 affected
Standard Chartered to Cut ~7,800 Corporate-Function Roles by 2030
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 via attrition and redeployment, as AI replaces back-office work.
Inter IKEA Group · May 18 · 850 affected
IKEA Franchisor Inter IKEA Group Cuts 850 Jobs
Inter IKEA Group, the IKEA franchisor, cut about 850 jobs of its roughly 27,700 staff -- mostly support functions, with about 300 in Sweden -- to gain "simplicity and speed" amid weakening home-furnishings demand.
Innovaccer · May 16 · 340 affected
Innovaccer Lays Off ~340 in AI-Native Pivot
Health-tech unicorn Innovaccer laid off about 340 employees across India and the US -- its third workforce reduction in four years -- as CEO Abhinav Shashank restructured around an "AI-native" operating model.
Cisco Systems · May 14 · 4,000 affected
Cisco Cuts ~4,000 Jobs to Reallocate Toward Silicon, Optics, and AI
Cisco announced roughly 4,000 job cuts -- under 5% of its workforce -- to reallocate resources toward silicon, optics, security, and AI, on the same day it reported record quarterly revenue of $15.8 billion.
| Date | Company | Industry | Affected | Summary |
|---|---|---|---|---|
| Jan 28 | Amazon | Technology | 16,000 | Amazon cut about 16,000 corporate roles — the largest reduction in its history — as part of a broader ~30,000-role program. CEO Andy Jassy framed it as flattening management and reducing bureaucracy rather than a purely financial or AI-driven move. |
| May 2 | Spirit Airlines | Transportation | 14,000 | Spirit Airlines began an orderly wind-down of operations on May 2 after a $500M federal bailout fell through, putting about 14,000 employees out of work (≈17,000 including contractors). A second Chapter 11 in 2025 and a 2026 jet-fuel price spike tied to the Iran conflict sealed the collapse — the single largest US workforce loss of the month. |
| Mar 18 | Dell | Technology | 11,000 | Dell disclosed in its annual filing that headcount fell by roughly 11,000 (~10%) over the fiscal year through a mix of layoffs, voluntary separations, attrition, and hiring freezes, with $569M in severance, as it pivots to AI servers. |
| Mar 31 | Oracle | Technology | 10,000 | Oracle cut thousands of roles — at least ~10,000 and, by some analyst estimates, up to ~30,000 (the company never confirmed a figure) — to free up cash for a roughly $50B AI data-center buildout tied to Stargate. |
| May 1 | Estée Lauder | Retail | 9,000 | Estée Lauder expanded its 'Profit Recovery and Growth Plan' to 9,000–10,000 job cuts (~17.5% of staff), most tied to eliminating point-of-sale demo roles at underperforming department stores, with $1.5–1.7B in restructuring charges. |
| Apr 23 | Meta | Technology | 8,000 | Meta announced about 8,000 job cuts (~10% of staff) and froze roughly 6,000 open roles, citing efficiency as it absorbs an estimated $125–145B of 2026 AI capital spending. The cuts began rolling out the week of May 18. |
| May 19 | Standard Chartered | Finance | 7,800 | Standard Chartered said it would cut about 7,800 jobs — more than 15% of its corporate-functions roles (HR, risk, compliance) — by 2030, partly via attrition and redeployment. CEO Bill Winters framed it not as cost-cutting but as 'replacing lower-value human capital' with AI, targeting ~20% higher income per employee by 2028. |
| May 5 | PayPal | Finance | 4,760 | PayPal announced a multi-year reorganization under new CEO Enrique Lores targeting 4,760 roles (~20% of staff), phased over two to three years, to reach at least $1.5B in annualized run-rate savings. |
| Apr 20 | Dow | Manufacturing | 4,500 | Chemical maker Dow cut roughly 4,500 roles (~13%) as part of a ~$2B cost-reduction effort amid a petrochemical downturn, citing a shift toward AI-driven automation. |
| Feb 27 | Block | Finance | 4,000 | Block (Square, Cash App) eliminated about 4,000 jobs — close to half its workforce — as Jack Dorsey pivoted toward AI and agentic workflows and acknowledged earlier over-hiring. |
| Apr 15 | Wells Fargo | Finance | 4,000 | Wells Fargo cut more than 4,000 roles in Q1 2026 — leading the major Wall Street banks — streamlining operations while investing in technology even as profits stayed strong. |
| May 14 | Cisco | Technology | 4,000 | Cisco cut about 4,000 roles (<5%) the same day it posted record $15.8B quarterly revenue; the CFO described it as a reallocation toward silicon, optics, security, and AI rather than a savings-driven cut, with up to ~$1B in charges. |
| May 20 | Intuit | Technology | 3,000 | Intuit (TurboTax, QuickBooks, Credit Karma) cut about 3,000 roles (~17%) to simplify its structure and refocus on AI, alongside new partnerships with Anthropic and OpenAI — though the CEO gave mixed messaging on AI's role in the cuts. |
| Mar 4 | Morgan Stanley | Finance | 2,500 | Morgan Stanley cut about 3% of its workforce — roughly 2,500 roles — across all three of its divisions, including banking and trading, wealth management, and investment management. |
| Jan 15 | Ericsson | Technology | 1,600 | Ericsson proposed cutting roughly 1,600 jobs in Sweden (plus ~300 in Spain) as global cost-and-efficiency measures continued amid softening 5G infrastructure demand. |
| Mar 11 | Atlassian | Technology | 1,600 | Atlassian cut about 10% of its workforce — roughly 1,600 roles — explicitly to 'self-fund' investments in AI and enterprise sales; its CTO was also replaced. |
| Apr 23 | Nike | Retail | 1,400 | Nike cut about 1,400 corporate roles (~2%), concentrated in its technology division, as part of its 'Win Now' turnaround that streamlines supply chains and centralizes tech operations. |
| Jan 22 | Autodesk | Technology | 1,000 | Autodesk cut about 7% of its workforce — roughly 1,000 roles concentrated in customer-facing sales functions — taking a $135–160M restructuring charge. |
| Jan 13 | Meta | Technology | 1,000 | Meta cut roughly 1,000 Reality Labs roles (~10% of the unit) and closed several VR studios, redirecting resources from the metaverse toward AI wearables and devices. |
| Apr 15 | Snap | Technology | 1,000 | Snap cut about 1,000 roles (~16% of staff) and closed 300+ open positions in a push toward profitability; CEO Evan Spiegel said AI lets the company do more with fewer people, targeting ~$500M in annualized savings. |
| Apr 20 | Disney | Media | 1,000 | Disney cut about 1,000 roles spanning studios, TV, ESPN, product and technology, and corporate, as new CEO Josh D'Amaro consolidated an enterprise marketing division. |
| May 28 | Wix | Technology | 1,000 | Wix said it would cut about 20% of staff — just over 1,000 of its ~5,277 employees, with the workforce settling near 4,200 — as CEO Avishai Abrahami cited both a strengthening Israeli shekel against the company's US-dollar revenue and an AI-native pivot. The move followed a Q1 earnings miss that sent the stock down 27%. |
| Feb 10 | Salesforce | Technology | 900 | Salesforce cut just under 1,000 roles across marketing, product, data analytics, the Agentforce AI team, and parts of Heroku amid an executive reshuffle and AI push. |
| May 13 | Technology | 875 | LinkedIn (Microsoft) cut about 5% of its workforce — roughly 875 of its 17,500+ employees — across its Global Business Organization, marketing, engineering, and product teams. The reorg was new CEO Dan Shapero's first major move and came despite the unit crossing $5B in quarterly revenue; sources told Reuters AI automation was not the driver. | |
| May 18 | Inter IKEA Group | Retail | 850 | Inter IKEA Group, the IKEA franchisor, cut about 850 jobs (of ~27,700 staff, ~300 in Sweden) — mostly support functions — to gain 'simplicity and speed' as weaker consumer confidence, rising costs, US tariffs, and Iran-conflict fuel prices squeezed home-furnishings demand. It followed ~800 cuts at retail operator Ingka Group in March. |
| Jan 26 | Technology | 780 | Pinterest cut about 15% of its workforce, explicitly citing a reallocation of resources toward AI-focused roles and AI-powered products. | |
| Mar 25 | Meta | Technology | 700 | Meta confirmed several hundred more cuts across Reality Labs, Facebook, recruiting, and sales as it continued reorganizing ahead of a larger reduction announced in April. |
| May 5 | Coinbase | Crypto | 700 | Coinbase cut about 700 roles (~14%) as CEO Brian Armstrong restructured the exchange 'for the AI era,' flattening the org to five or fewer layers with no pure managers, and taking a $50–60M charge. |
| May 12 | Verizon | Technology | 621 | Verizon filed new cuts affecting about 621 roles (including 121 at its Basking Ridge, NJ headquarters), extending a reduction that followed roughly 13,000 cuts six months earlier as it targets ~$5B in operating savings; the CEO framed AI as a factor. |
| May 11 | General Motors | Manufacturing | 600 | General Motors began notifying 500–600 salaried IT employees on May 11 that their roles were cut, concentrated in Austin, TX and Warren, MI, as it reshapes its tech workforce around AI — even while keeping roughly 80 IT roles open in AI, motorsports, and autonomous vehicles. |
| Apr 17 | T-Mobile | Technology | 600 | T-Mobile filed a series of WARN notices cutting at least ~600 roles across Washington (393), Tennessee (200 at a Chattanooga call center), Texas, and Colorado, as new CEO Srini Gopalan pushed a more digital, AI-forward operating model; the carrier flagged roughly $1.2B in 2026 network-optimization and restructuring outlays. |
| Feb 4 | Workday | Technology | 400 | Workday cut about 400 roles (~2%) in its Global Customer Operations team — its second restructuring in a year — taking a roughly $135M charge as co-founder Aneel Bhusri returned as CEO. |
| May 21 | Groupon | E-commerce | 400 | Groupon announced up to 400 job cuts — nearly a quarter of its workforce — under 'Project Foundry,' an AI-native pivot deploying AI voice agents to replace the human merchant-outreach sales calls that have anchored its business since 2008. It booked $7–13M in severance to unlock $20–25M in annual savings and raised its 2026 EBITDA guidance. |
| May 13 | Starbucks | Retail | 360 | Starbucks cut roughly 300 corporate roles (plus ~61 Seattle technology jobs) and closed regional offices as part of a $2B cost-reduction target under CEO Brian Niccol; retail store staff were unaffected. |
| May 16 | Innovaccer | Healthcare | 340 | Health-tech unicorn Innovaccer laid off about 340 employees across India and the US — 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. |
| Jan 8 | Kaseya | Technology | 250 | IT management software vendor Kaseya cut about 5% of its global workforce as it redesigned its go-to-market approach. |
| Jun 1 | Walgreens | Retail | 159 | 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. |
| May 27 | Webflow | Technology | 140 | 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 its 8% reduction in 2024. Employees reported being locked out of their laptops before receiving termination emails. |
| Jun 1 | Gilead Sciences | Healthcare | 108 | 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. |