By country
Layoffs in the United States
235 sourced layoff rounds at 144 companies in the United States between Feb 2022 and Sep 2026: 733,441 people in the rounds where a number was given. Each one links to the article or filing it came from. The list covers what we have been able to source, not every cut in the country.
People affected
733K
Where a number was given
Companies
144
With a sourced round
Rounds
235
Feb 2022 → Sep 2026
Every round, newest first
- Oracle−359
Filed a WARN notice for 359 employees in Washington state, mostly engineering and product roles at its two Seattle offices and remote staff, with a last day of November 13.
Enterprise SaaS · Source: GeekWire
- Uber−3,300(10% of workforce)
Cut about 3,300 roles, 10% of global staff, to remove management layers: 20% fewer managers, half as many one- and two-person teams, and no roles more than seven layers below the CEO. Largest reduction since 2020.
Transportation & Delivery · Source: TechCrunch
- Disney−300
Disney cut around 300 staff, mostly in human resources and technology, in a further round under chief executive Josh D'Amaro.
About the figure: Figure from a person familiar with the matter.
Media & Streaming · Source: CNBC
- Apple−200
Cut just over 200 roles, about 100 on the Vision Pro team and about 100 across Siri and the Intelligent Systems Experience team; Apple confirmed the cuts and said it would also create new roles.
Big Tech · Source: Bloomberg / TechCrunch
- Zillow−500(7% of workforce)
Cut just over 500 roles, about 7% of staff, in its second and largest round of 2026; the company said the cuts were not driven by AI.
Consumer Tech · Source: GeekWire
- TikTok−250
Closed its Nashville office of about 250 people, mostly trust-and-safety and content moderation roles.
Social Media · Source: Fast Company
- Etsy−220(12% of workforce)
Cut about 220 roles, roughly 12% of staff, mostly in product and engineering, announced with second-quarter results; the company said the cuts were not driven by AI.
E-commerce · Source: CNBC
- Google−52
A Washington state WARN notice published August 5 listed 52 roles in Kirkland, Redmond and Seattle; Google described it as a team-level reorganisation, not a company-wide round.
Big Tech · Source: IBTimes
- Chime−150(10% of workforce)
CEO Chris Britt's memo cut about 150 roles, 10% of staff, citing AI-driven efficiency and a flatter structure, five days before Q2 earnings.
Fintech · Source: Banking Dive
- Samsung Electronics Americanumber not given
Samsung said 739 roles in Englewood Cliffs, New Jersey, were affected by the US headquarters move to Texas; most received relocation offers and others were let go, so no headcount is counted.
Hardware & Chips · Source: CNBC / Reuters
- Visa−2,600(7% of workforce)
Cut about 2,600 roles, roughly 7% of staff, mostly in technology and product; CEO Ryan McInerney's memo said AI is helping shape the way work gets done at Visa.
Fintech · Source: CNBC
- Microsoft−4,800(2.1% of workforce)
Cut 4,800 roles, 2.1% of staff, mostly in Xbox and commercial sales; Microsoft said the eliminated roles are not being replaced by AI.
Big Tech · Source: CNBC
- Uber (customer service)number not given(10% of workforce)
Cut 10% of its community operations (customer service) team; a spokesperson said the changes were to simplify operations, strengthen in-person collaboration and continue to embrace AI.
Transportation & Delivery · Source: Bloomberg / HRD
- Patreon−93(20% of workforce)
Chief executive Jack Conte said the creator platform had to adjust its cost structure and flatten its organisation.
Consumer Tech · Source: TechCrunch
- Rackspace−750(15% of workforce)
Cut about 15% of its global workforce, moving resources from legacy public cloud services toward its enterprise AI business.
IT Services & Consulting · Source: San Antonio Report
- Robinhood−290(10% of workforce)
Cut about 290 jobs, roughly 10% of full-time staff, saying it wanted to stay lean and keep a high-performance culture; CEO Vlad Tenev said the company would use "frontier technologies" to improve execution.
Fintech · Source: Fortune
- Lucid Motors−1,500(18% of workforce)
Cut about 18% of its U.S. workforce and ended the second production shift at its Arizona factory, four months after a 12% cut.
Automotive · Source: TechCrunch
- Riviannumber not given(2% of workforce)
The electric vehicle maker trimmed staff a week after starting R2 deliveries; it had 15,232 employees at the end of 2025.
About the figure: Reported as hundreds of workers and less than 2% of the workforce; no exact figure.
Automotive · Source: CNBC
- GitLab−350(14% of workforce)
GitLab exited 22 countries and flattened management to fund infrastructure for traffic from AI workflows.
Enterprise SaaS · Source: TechCrunch
- Intuit−3,000(17% of workforce)
Cut about 17% of full-time staff to simplify its structure and move resources to priorities including its AI platform; CEO Sasan Goodarzi told CNBC the cuts had nothing to do with AI.
Enterprise SaaS · Source: Reuters / TechCrunch
- Cisco−4,000(5% of workforce)
Announced fewer than 4,000 job cuts, under 5% of staff, alongside record quarterly revenue, with investment moving to silicon, optics, security and employees' use of AI.
Hardware & Chips · Source: Cisco
- Cloudflare−1,100(20% of workforce)
Cut more than 1,100 employees, about 20% of staff, saying it was redefining how the company operates "in the agentic AI era".
Enterprise SaaS · Source: CNBC
- PayPal−4,800(20% of workforce)
Plans to cut about 20% of staff over the next few years; CEO Enrique Lores said the company would first remove duplication and layers, then accelerate AI adoption and automation.
Fintech · Source: Wall Street Journal via Yahoo Tech
- Coinbase−700(14% of workforce)
Market conditions plus AI adoption cited together.
Crypto · Source: Coinbase (SEC filing)
- LinkedIn−875(5% of workforce)
Cut roughly 5% of staff, reported as about 875 jobs, in a reorganization that CEO Dan Shapero tied to profitability rather than AI.
Social Media · Source: The Next Web
- Groupon−400(25% of workforce)
Approved cutting up to 400 positions, nearly a quarter of its workforce, as part of a plan to rebuild as an "AI-native company".
E-commerce · Source: Chicago Tribune
- SentinelOnenumber not given(8% of workforce)
The security software firm, which had over 3,000 employees, expects a one time $25 million charge tied to the layoffs.
About the figure: Percentage applies to the full time workforce; no headcount was given.
Cybersecurity · Source: CNBC
Starbucks cut 300 US corporate jobs and closed some regional support offices in its third round of layoffs under Brian Niccol.
Hospitality & Leisure · Source: CNBC
- Estee Lauder−3,000
Estee Lauder said it would cut up to 3,000 more jobs, lifting the total restructuring to between 9,000 and 10,000 positions.
About the figure: Up to 3,000 additional jobs on top of the earlier plan of as many as 7,000.
Consumer Goods & Food · Source: CNBC
General Motors laid off salaried information technology workers, largely in Austin and Warren, to trim costs.
About the figure: Range of 500 to 600 employees from a person familiar with the plans; the lower figure is recorded.
Automotive · Source: CNBC
- Spirit Airlines−17,000(100% of workforce)
Spirit Airlines ceased operations after failing to secure a rescue deal during its second bankruptcy.
About the figure: Whole company shutdown; the 17,000 figure includes indirect employees.
Aviation & Aerospace · Source: CNBC
- Meta−8,000(10% of workforce)
Announced in April that it would cut about 8,000 jobs, roughly 10% of staff, on May 20 and drop plans to fill 6,000 open roles; CEO Mark Zuckerberg's memo tied the cuts to competing in AI.
Big Tech · Source: NPR
- Snap−1,000(16% of workforce)
Cut about 1,000 jobs, 16% of full-time staff; CEO Evan Spiegel said advances in AI let teams reduce repetitive work and move faster.
Social Media · Source: Variety
- Nike (technology)−1,400
Global streamlining with the majority of cuts in technology roles.
Retail & Corporate · Source: CNBC
- Disney−1,000
Began layoffs expected to reach 1,000 jobs across TV, film, product and technology and corporate functions; CEO Josh D'Amaro cited the need for "a more agile and technologically-enabled workforce".
Media & Streaming · Source: Associated Press
- Redwood Materials−135(10% of workforce)
The battery recycling company restructured around its energy storage business, five months after an earlier 5% cut.
Materials & Chemicals · Source: TechCrunch
- Oraclenumber not given
Began cutting thousands of jobs on March 31 without giving a number, as it ramped up spending on AI data centers; its headcount fell by about 21,000 over the fiscal year to May 31.
Enterprise SaaS · Source: CNBC
- Epic Games−1,000(20% of workforce)
Laid off more than 1,000 employees, about 20% of staff, after a drop in Fortnite engagement; CEO Tim Sweeney said the cuts were not related to AI.
Gaming · Source: Associated Press
- Morgan Stanley−2,500(3% of workforce)
Cuts fell across investment banking, wealth management and investment management at a bank with a global workforce of about 83,000.
About the figure: Figure attributed to a person familiar with the matter, not a company announcement.
Banking & Finance · Source: Reuters (via WHBL)
- Salesforce−1,000
Cut fewer than 1,000 roles in early February across marketing, product management, data analytics and its Agentforce AI product, Business Insider reported.
Enterprise SaaS · Source: Business Insider
- Block−4,000
Jack Dorsey cut nearly half of Block's staff, taking the Square and Cash App owner from over 10,000 workers to just under 6,000, citing AI tools and smaller teams.
About the figure: Reported as more than 4,000 employees, nearly half the workforce.
Fintech · Source: TechCrunch
- C3 AInumber not given(26% of workforce)
The enterprise AI software company announced a restructuring after missing third quarter expectations, also cutting non employee costs by 30%.
Enterprise SaaS · Source: CNBC
- eBay−800(6% of workforce)
eBay announced another round of cuts; it had 12,300 employees worldwide at the end of 2025.
E-commerce · Source: CNBC
- Lucid Motorsnumber not given(12% of workforce)
An internal memo framed the cut as a step toward profitability; Lucid reported 6,800 full time employees at the end of 2024.
About the figure: Exact headcount not disclosed; TechCrunch said it was likely in the hundreds.
Automotive · Source: TechCrunch
- The Washington Postnumber not given
The Washington Post laid off about a third of its staff, closing its sports section and several foreign bureaus amid continued losses.
About the figure: The source says about one in three employees; no exact headcount was given by the company.
Media & Streaming · Source: CNN
- Cigna−2,000
The health insurer planned to lay off about 2,000 staff worldwide by the end of February to cut costs.
About the figure: Described as just under 3 percent of the workforce.
Pharma & Healthcare · Source: Healthcare Dive
- Target−500
Target cut roles at distribution centers and regional offices while putting more money into store staffing hours.
Retail & Corporate · Source: CNBC
- Amazon−16,000
Cut about 16,000 corporate roles, its second round since October 2025, saying it was reducing layers and removing bureaucracy.
Big Tech · Source: Amazon
- Meta (Reality Labs)−1,000
Meta cut about a tenth of its Reality Labs hardware division and closed VR studios as spending moved from the metaverse toward AI.
About the figure: More than 1,000 jobs; the 10% figure refers to the Reality Labs division, not the whole company.
Big Tech · Source: CNBC
- Pinterestnumber not given(15% of workforce)
Pinterest said it would cut staff and office space while moving resources to AI focused roles and teams.
About the figure: Company said less than 15% of the workforce; no headcount was given.
Social Media · Source: CNBC
- Mastercardnumber not given(4% of workforce)
Mastercard announced the cut after a strategic review, with a restructuring charge of about $200 million in the first quarter.
About the figure: No headcount given by the company; Reuters estimated it could affect over 1,400 employees.
Fintech · Source: RTE
- Pelotonnumber not given(11% of workforce)
The cut is part of a restructuring plan announced in August 2025 that targets $100 million in savings by the end of fiscal 2026.
About the figure: No headcount stated on the page.
Consumer Tech · Source: Retail Dive
- UPS−30,000
UPS said it would remove up to 30,000 more operational jobs in 2026 as it winds down its Amazon business, mainly through attrition and buyouts.
About the figure: Up to 30,000 positions, to be achieved through attrition and voluntary separation rather than layoffs alone.
Logistics & Shipping · Source: CNBC
Nike cut 775 staff, mainly at distribution centers in Tennessee and Mississippi, while expanding automation in its warehouses.
About the figure: CNBC noted it was unclear how much of the cut was driven by automation.
Textiles & Apparel · Source: CNBC
- Home Depot−800
Home Depot cut corporate roles tied to its Atlanta support center and ordered corporate staff back to the office five days a week.
Retail & Corporate · Source: CNBC
- Dow−4,500
The chemicals maker announced the cuts alongside a plan to lean more on artificial intelligence and automation, expecting $600 million to $800 million in severance costs.
About the figure: Approximate figure announced by the company.
Materials & Chemicals · Source: AP News
- Verizon−13,000(13% of workforce)
Largest cut in company history as new CEO restructures non-union workforce.
Telecom · Source: CNBC
- HP−4,000
HP said it expects to cut 4,000 to 6,000 jobs by fiscal 2028, up to 10% of staff, as it embeds AI in product development, customer support and operations.
Hardware & Chips · Source: CNBC
- Amazon−14,000(4% of workforce)
Amazon cut about 14,000 corporate roles, about 4% of its corporate workforce; its HR chief's memo cited AI, but CEO Andy Jassy later said the cuts were about culture, not AI or finances.
Big Tech · Source: CNBC
- Paramount Skydance−2,000(10% of workforce)
Paramount Skydance began cutting about 2,000 jobs, roughly 10% of its workforce, in a restructuring that followed the completion of its merger in August 2025.
Media & Streaming · Source: CBS News
Meta cut about 600 roles in its AI organisation, covering its FAIR research, product AI and AI infrastructure teams, to reduce bureaucracy and speed up decisions; the new TBD Lab was spared.
Big Tech · Source: Axios
- Target (corporate)−1,800(8% of workforce)
Target cut about 1,800 corporate roles, around 8% of its headquarters team, made up of about 1,000 layoffs and 800 open positions that will not be filled; it was its first major round of layoffs in a decade.
Retail & Corporate · Source: CNBC
- Chegg−388(45% of workforce)
Chegg cited the new realities of AI and reduced traffic from internet search for falling revenue.
EdTech · Source: CNBC
- UPS−48,000
UPS said it had cut about 48,000 jobs during 2025, covering 34,000 operational roles and 14,000 management roles, as it reduced Amazon volume.
About the figure: Cumulative 2025 total; it includes the 20,000 cuts first announced in April 2025.
Logistics & Shipping · Source: CNBC
- General Motors−200
General Motors laid off more than 200 salaried staff, largely computer aided design engineers, citing business conditions.
About the figure: Reported as more than 200.
Automotive · Source: CNBC
The Trump administration issued layoff notices to more than 4,000 federal workers across several departments during the government shutdown.
About the figure: Notices were challenged in court, and the deal that ended the shutdown required them to be rescinded.
Public Sector & Nonprofit · Source: NBC News
- NASA Jet Propulsion Laboratory−550(10% of workforce)
The NASA laboratory managed by Caltech laid off about 550 staff as part of a restructuring.
About the figure: Described as more than 10 percent of the workforce.
Aviation & Aerospace · Source: CNBC
- Salesforce−4,000
Customer-support roles cut after CEO Marc Benioff said AI agents now handle up to half of support conversations.
Enterprise SaaS · Source: CNBC
- Starbucks−900
Starbucks announced a 1 billion dollar restructuring that closed some North American stores and cut about 900 non retail jobs.
About the figure: Count covers non retail staff only; store workers at closed locations are not included.
Hospitality & Leisure · Source: CNBC
- ConocoPhillipsnumber not given(20% of workforce)
ConocoPhillips said it would cut 20 to 25 percent of its workforce in a broad restructuring after its Marathon Oil acquisition.
About the figure: Range of 20 to 25 percent of employees and contractors; the lower figure is recorded.
Energy & Utilities · Source: CNBC
- ExxonMobil−2,000
ExxonMobil said it was cutting 2,000 positions worldwide as part of a restructuring that consolidates offices.
Energy & Utilities · Source: CNBC
- Oraclenumber not given
Oracle cut jobs in its cloud infrastructure unit, with teams in the US, India and Canada affected; the company did not comment and the total was not disclosed.
Enterprise SaaS · Source: DatacenterDynamics
- Recruit Holdings (Indeed / Glassdoor)−1,300(6% of workforce)
Recruit Holdings cut about 1,300 jobs at Indeed and Glassdoor, 6% of its HR technology division, and folded Glassdoor into Indeed; CEO Hisayuki Idekoba's memo said AI is changing the world and the company must adapt.
Enterprise SaaS · Source: TechCrunch
- Microsoft−9,000(4% of workforce)
Microsoft said it will lay off about 9,000 employees, less than 4% of its workforce, taking its 2025 cuts past 15,000; it said it was reducing layers of management.
Big Tech · Source: CNBC
- Intelnumber not given(15% of workforce)
Intel said it had completed most of a planned layoff of 15% of its workforce and would end 2025 with about 75,000 employees.
Hardware & Chips · Source: CNBC
- Modernanumber not given(10% of workforce)
Moderna planned to cut about a tenth of its global workforce by the end of 2025 as Covid vaccine sales kept falling.
About the figure: No headcount given; the company expected to have fewer than 5,000 workers by year end.
Pharma & Healthcare · Source: CNBC
- Merck−6,000
Merck planned to cut about 6,000 administrative, sales and research jobs ahead of the loss of exclusivity for its cancer drug Keytruda.
About the figure: Announced with second quarter results at the end of July 2025; the cited article is dated 1 August.
Pharma & Healthcare · Source: Pharmaceutical Executive
- Bumble−240(30% of workforce)
Bumble said it will cut about 240 roles, roughly 30% of its workforce, as it realigns its operating structure.
Consumer Tech · Source: SEC filing (Bumble 8-K)
- Procter & Gamble−7,000
Procter & Gamble announced a two year restructuring that cuts about 7,000 non manufacturing jobs and exits some brands and markets.
About the figure: The 15 percent figure refers to non manufacturing staff, not the total workforce of 108,000.
Consumer Goods & Food · Source: CNBC
- Paramount Skydance (as Paramount Global)number not given(3.5% of workforce)
Paramount cut 3.5 percent of its US workforce as cable television declined, ahead of its merger with Skydance.
About the figure: Percentage refers to the US workforce; no headcount was given.
Media & Streaming · Source: CNBC
- Walmart (corporate/tech)−1,500
Walmart cut about 1,500 corporate roles in its global technology and Walmart US teams; a staff memo said the aim was to remove layers and complexity and speed up decision-making.
Retail & Corporate · Source: Retail Dive
- Microsoft−6,000(3% of workforce)
Microsoft said it is laying off about 6,000 people, 3% of its workforce, across all levels, teams and geographies, with the aim of reducing layers of management.
Big Tech · Source: CNBC
- CrowdStrike−500(5% of workforce)
CrowdStrike said it will cut about 500 roles, 5% of its workforce; CEO George Kurtz's memo, filed with the SEC, said 'AI flattens our hiring curve'.
Cybersecurity · Source: CNBC
- Match Groupnumber not given(13% of workforce)
Tinder parent announced the cut alongside quarterly results as part of a business revamp.
Consumer Tech · Source: CNBC
- Chegg−248(22% of workforce)
Chegg laid off about a fifth of its staff as students moved from its homework help service to AI tools.
EdTech · Source: CNBC
- Automatticnumber not given(16% of workforce)
WordPress.com and Tumblr owner announced the restructuring in a company blog post.
Enterprise SaaS · Source: TechCrunch
- Block (Square / Cash App)−931(8% of workforce)
Block laid off 931 people, roughly 8% of staff; Jack Dorsey's email cited strategy, performance and a flatter hierarchy, and said the cuts were not about financial targets or replacing workers with AI.
Fintech · Source: TechCrunch
The department sent termination notices to about 1,300 career staff, leaving it at roughly half its previous size after earlier resignations.
About the figure: Another 600 staff had already taken voluntary resignation or early retirement; the layoffs were contested in court.
Public Sector & Nonprofit · Source: CNBC
Health secretary Robert F. Kennedy Jr. announced 10,000 layoffs across agencies including the FDA, CDC and NIH as part of a restructuring.
About the figure: Separate from about 10,000 staff who left through buyouts and early retirement; some dismissals were later reversed.
Public Sector & Nonprofit · Source: CNBC
An internal memo set out plans to cut more than 80,000 staff at the department to return to 2019 staffing levels.
About the figure: A plan, not completed layoffs; the department later said it would shrink mainly through attrition instead of a mass reduction in force.
Public Sector & Nonprofit · Source: CNBC
- HP−1,000
HP amended its restructuring plan to add about 1,000 to 2,000 further job cuts by the end of fiscal 2025.
Hardware & Chips · Source: SEC filing (HP 8-K)
- Workday−1,750(8.5% of workforce)
Workday said it will cut about 1,750 jobs, 8.5% of its workforce; CEO Carl Eschenbach said the layoffs were needed to prioritise investments such as AI.
Enterprise SaaS · Source: CNBC
- Salesforce−1,000
Bloomberg reported that Salesforce was cutting more than 1,000 roles while hiring staff to sell its new AI agent products.
Enterprise SaaS · Source: PYMNTS (citing Bloomberg)
- Starbucks (corporate)−1,100
Starbucks laid off 1,100 corporate support staff and left several hundred open roles unfilled under new chief executive Brian Niccol.
Hospitality & Leisure · Source: CNBC
- Estee Lauder−7,000
Estee Lauder widened its restructuring to as many as 7,000 job cuts as demand stayed weak, especially in Asia.
About the figure: Net reduction of 5,800 to 7,000 jobs by end of fiscal 2026; includes cuts first announced in February 2024.
Consumer Goods & Food · Source: CNBC
- Southwest Airlines−1,750
Southwest carried out the first mass layoffs in its history, cutting about 15 percent of corporate jobs to reduce costs.
About the figure: The 15 percent figure refers to corporate staff only.
Aviation & Aerospace · Source: CNBC
- Chevronnumber not given(20% of workforce)
Chevron said it would cut up to a fifth of its workforce by the end of 2026 to simplify its structure and lower costs.
About the figure: Up to 20 percent through 2026; CNBC estimated more than 9,000 jobs based on 2023 headcount, but the company gave no number.
Energy & Utilities · Source: CNBC
- Blue Originnumber not given(10% of workforce)
Blue Origin announced layoffs of about a tenth of its staff to cut costs and speed up rocket launches.
About the figure: No headcount given in the source.
Aviation & Aerospace · Source: CNBC
Boeing warned staff on its NASA moon rocket program of layoffs tied to revisions of the Artemis program.
About the figure: Expected reduction in positions; 60 day layoff notices were to follow.
Aviation & Aerospace · Source: CNBC
The IRS dismissed thousands of probationary employees during tax season as part of the Trump administration's federal workforce cuts.
About the figure: Estimate of 6,000 to 7,000 probationary workers; the lower figure is recorded.
Public Sector & Nonprofit · Source: CNBC
- Joann−19,000(100% of workforce)
The fabric and craft retailer moved to close all of its roughly 800 stores after failing to find a buyer in its second bankruptcy.
About the figure: Whole company liquidation; the count is total headcount at the bankruptcy filing, mostly part time staff.
Retail & Corporate · Source: CNBC
- Meta−3,600(5% of workforce)
Meta cut about 5% of its workforce, roughly 3,600 people, in performance-based layoffs after CEO Mark Zuckerberg said he would move out low performers faster; staff were notified from 10 February.
Big Tech · Source: Fortune
- Stripe−300(3.5% of workforce)
Cuts were mostly in product, engineering and operations.
Fintech · Source: CNBC
- Wayfair−730(3% of workforce)
Wayfair exited the German market and cut up to 730 jobs to shift resources toward physical stores and other growth areas.
About the figure: Up to 730 jobs; some affected staff were offered relocation.
E-commerce · Source: CNBC
- Kohl's (corporate)number not given(10% of workforce)
Kohl's reduced its corporate workforce by nearly a tenth, weeks after announcing 27 store closures.
About the figure: Percentage applies to corporate staff only, not the whole company.
Retail & Corporate · Source: CNBC
- CNN−210(6% of workforce)
CNN laid off about 6 percent of staff while shifting resources from traditional television to digital products.
Media & Streaming · Source: CNBC
- Freshworks−660(13% of workforce)
Freshworks said a restructuring plan to align talent with its strategic priorities and improve operating efficiency would affect about 660 employees, roughly 13% of its global workforce.
Enterprise SaaS · Source: Freshworks 8-K (SEC)
- AMDnumber not given(4% of workforce)
AMD said the cut was part of aligning resources with its largest growth opportunities; reporting linked it to the push into AI chips.
Hardware & Chips · Source: CNBC
- Dropbox−528(20% of workforce)
CEO Drew Houston told staff Dropbox would cut about 20% of its workforce, 528 people, citing softening demand in its core business and a 'transitional period' as it builds new products such as Dash.
Enterprise SaaS · Source: Dropbox blog
- Boeing−17,000(10% of workforce)
Boeing said it would cut about a tenth of its workforce as losses grew during a machinist strike that halted its aircraft factories.
Aviation & Aerospace · Source: CNBC
- PwC (United States)−1,800(2.5% of workforce)
PwC planned its first formal US layoffs since 2009, with cuts falling mainly on advisory and products and technology staff.
About the figure: First reported by The Wall Street Journal; the figure is 2.5 percent of the US workforce.
Professional Services · Source: Consulting.us
- Intel−15,000(15% of workforce)
CEO Pat Gelsinger told employees Intel would cut roughly 15,000 roles, about 15% of its workforce, as part of a plan to save $10 billion in 2025.
Hardware & Chips · Source: Intel newsroom
- Cisco−5,900(7% of workforce)
Cisco announced a restructuring affecting about 7% of its workforce, its second round of cuts in 2024, to 'invest in key growth opportunities and drive more efficiencies'; it gave no headcount, which AP estimated at about 5,900.
Hardware & Chips · Source: AP (via CBS News)
GM laid off more than 1,000 salaried employees in its software and services division after a review to streamline the unit's operations.
Automotive · Source: CNBC
- Paramount Skydance (as Paramount Global)−2,000(15% of workforce)
Announced on an earnings call ahead of the Skydance merger as part of $500 million in annual cost savings.
About the figure: Other outlets (Deadline, The Guardian) specify the 15% applies to the U.S.-based workforce. Quote omits the opening clause of the sentence.
Media & Streaming · Source: Los Angeles Times
Stellantis planned indefinite layoffs at its Warren, Michigan truck plant as it ended production of the older Ram 1500 Classic.
About the figure: Up to 2,450 workers.
Automotive · Source: CNBC
- Intuit−1,800(10% of workforce)
CEO Sasan Goodarzi said about 1,800 employees, 10% of the workforce, would leave as Intuit shifts investment to AI and other growth areas, and that it would hire about 1,800 new people in engineering, product and customer-facing roles.
Enterprise SaaS · Source: Intuit blog
- FedEx (Europe)−2,000
FedEx planned to cut back office jobs in Europe over 18 months to lower costs during a freight demand slump.
About the figure: Range of 1,700 to 2,000 jobs; the upper figure is recorded.
Logistics & Shipping · Source: CNBC
- Indeed−1,000(8% of workforce)
Second Indeed layoff in two years, announced in a letter from CEO Chris Hyams citing a global slowdown in hiring.
About the figure: Quote truncated before the final clause to stay under 40 words.
Enterprise SaaS · Source: HR Dive
- Lucid Motors−400
Lucid cut about 6 percent of its US workforce as growth in electric vehicle demand slowed.
About the figure: The 6 percent figure refers to the US workforce.
Automotive · Source: CNBC
The Boeing supplier cut hourly staff in Wichita, Kansas, citing lower aircraft delivery rates.
About the figure: Up to 450; the staff memo cited about 400 to 450 hourly employees.
Aviation & Aerospace · Source: CNBC
- Pixar (Disney)−175(14% of workforce)
Pixar cut about 14 percent of its staff as Disney reduced the volume of content made for streaming.
Media & Streaming · Source: CNBC
- Tesla−14,000(10% of workforce)
Elon Musk told staff Tesla would cut its global headcount by more than 10%; Tesla gave no number, and Electrek estimated at least 14,000 jobs from a workforce of about 140,000.
Automotive · Source: Electrek
- Bristol Myers Squibb−2,200
Bristol Myers Squibb launched a 1.5 billion dollar cost cutting program that included 2,200 layoffs and the end of some drug programs.
Pharma & Healthcare · Source: CNBC
- Dellnumber not given
Dell's annual 10-K showed about 120,000 employees as of February 2, 2024, about 13,000 fewer than a year earlier; this is a full-year headcount decline, not a newly announced layoff.
Hardware & Chips · Source: The Register
- Stellantis−400
Stellantis laid off about 400 US salaried staff in engineering, technology and software to cut costs.
Automotive · Source: CNBC
- Electronic Arts−670(5% of workforce)
EA said it would cut about 5% of its workforce, which CNBC calculated at about 670 jobs, while sunsetting some games and moving away from licensed IP development.
Gaming · Source: CNBC
- Snap−500(10% of workforce)
Snap said it would lay off 10% of its global workforce, around 500 employees; a spokesperson said the company was reorganizing 'to reduce hierarchy and promote in-person collaboration'.
Social Media · Source: CNBC
- Expedia−1,500(9% of workforce)
Expedia said it was eliminating about 1,500 roles, nearly 9% of its workforce, as part of an organizational and technological transformation.
Travel · Source: CNN
- Bumble−350(30% of workforce)
Bumble announced about 350 job cuts alongside its fourth-quarter results, which a spokesperson said was about 30% of its workforce.
Consumer Tech · Source: CNBC
- Grammarly−230
Grammarly cut 230 employees in a restructuring; its CEO said a stronger focus on the AI-enabled workplace and deeper AI investment required a different mix of skills.
Enterprise SaaS · Source: TechCrunch
- Cisco−4,250(5% of workforce)
Restructuring announced alongside quarterly results, the first of two Cisco cuts in 2024.
About the figure: Cisco announced 5%; the 4,250 figure is CNBC's stated equivalent.
Hardware & Chips · Source: CNBC
- Okta−400(7% of workforce)
Second Okta reduction in a year, announced in a CEO message to employees.
Cybersecurity · Source: CNBC
- Paramount Skydance (as Paramount Global)−800(3% of workforce)
Layoffs came a day after the company announced record Super Bowl ratings.
About the figure: Figures are attributed to a person familiar with the matter, not an official company number.
Media & Streaming · Source: CNBC
- Nike−1,500(2% of workforce)
Nike cut 2 percent of its workforce as part of a broad restructuring to save 2 billion dollars over three years.
About the figure: Reported as more than 1,500 jobs.
Textiles & Apparel · Source: CNBC
- Microsoft (Activision Blizzard)−1,900(8% of workforce)
Post-acquisition consolidation of the gaming division.
Gaming · Source: The Verge
- eBay−1,000(9% of workforce)
Full-time roles cut alongside contractor reductions.
E-commerce · Source: eBay Inc.
- Unity−1,800(25% of workforce)
Unity said it would cut about 1,800 jobs, roughly 25% of its workforce, as part of a corporate restructuring to refocus on its core business.
Gaming · Source: CNBC
- PayPal−2,500(9% of workforce)
CEO Alex Chriss told employees PayPal would cut about 9% of its global workforce, around 2,500 jobs, through direct reductions and the elimination of open roles.
Fintech · Source: CNBC
- Google−1,000
Google confirmed cutting a few hundred roles each in its hardware, core engineering and Assistant teams, around a thousand in total, and Sundar Pichai later told staff to expect more cuts in 2024.
Big Tech · Source: The Verge
Twitch cut roughly 500 jobs, about 35% of its staff, and Prime Video and MGM Studios laid off several hundred more; Amazon gave no combined total, so the count covers Twitch only.
Big Tech · Source: TechCrunch
- Duolingonumber not given(10% of workforce)
Duolingo confirmed it cut around 10% of its contractors at the end of 2023 and said the reduced need was partly attributable to AI; it disputed calling the departures layoffs.
EdTech · Source: TechCrunch
- Discord−170(17% of workforce)
Correcting a 5x pandemic-era headcount expansion.
Social Media · Source: The Verge
- Wayfair−1,650(13% of workforce)
Cut included 19% of the corporate team, with a focus on management and leadership positions.
About the figure: Same article states the cut is 13% of the global workforce.
E-commerce · Source: CNBC
- Riot Games−530(11% of workforce)
Tencent-owned studio also shut down its publishing arm Riot Forge.
Gaming · Source: TechCrunch
- UPS−12,000
UPS announced 12,000 job cuts, mostly management roles, after package volume fell and a new union contract raised labour costs.
Logistics & Shipping · Source: CNBC
- Citigroup−20,000(10% of workforce)
Citigroup said it would shed about 20,000 roles over the medium term as part of a corporate overhaul led by chief executive Jane Fraser.
About the figure: Cuts are spread over the medium term, which the bank has used to mean three to five years.
Banking & Finance · Source: CNBC
- Macy's−2,350(3.5% of workforce)
Macy's cut about 2,350 corporate and store positions and closed five mall stores to trim costs amid slowing sales.
Retail & Corporate · Source: CNBC
- Lockheed Martinnumber not given(1% of workforce)
Lockheed Martin said it would cut 1 percent of its jobs during 2024 to reduce costs and streamline operations.
Aviation & Aerospace · Source: CNBC
The Los Angeles Times cut more than a fifth of its newsroom, with its owner citing annual losses of 30 to 40 million dollars.
About the figure: At least 115 people; the 20 percent figure refers to the newsroom only.
Media & Streaming · Source: CBS News Los Angeles
- Twilio−300(5% of workforce)
Second cut of 2023 amid activist-investor pressure.
Enterprise SaaS · Source: CNBC
- Cruise (GM)−900(24% of workforce)
GM's robotaxi unit cut staff after an October incident involving a pedestrian halted its operations.
Automotive · Source: NBC News (CNBC)
- Hasbro−1,100
Hasbro announced a further 1,100 job cuts as soft toy sales continued into the holiday season.
About the figure: Comes on top of about 800 jobs cut earlier in 2023.
Consumer Goods & Food · Source: CNBC
- Stack Overflow−100(28% of workforce)
CEO Prashanth Chandrasekar cited a focus on profitability and macroeconomic pressures and did not attribute the cuts to AI; The Verge noted they came during a generative AI coding boom.
Enterprise SaaS · Source: The Verge
- LinkedIn−668(3% of workforce)
Second 2023 cut (716 in May), concentrated in engineering.
Social Media · Source: Reuters
- Qualcomm−1,258(2.5% of workforce)
About 1,258 jobs cut at its San Diego and Santa Clara offices, per California state filings; Qualcomm had cited uncertainty in the macroeconomic and demand environment.
Hardware & Chips · Source: CNBC
- T-Mobile−5,000(7% of workforce)
Cuts over five weeks, mainly in corporate and back-office roles.
About the figure: The 'corporate and back-office' detail in the note should be checked against the article before use; the quote itself is verified.
Telecom · Source: CNN
- Yellow Corp−30,000(100% of workforce)
The 99 year old trucking company ceased operations and filed for Chapter 11 bankruptcy after a debt crisis and a dispute with the Teamsters union.
About the figure: Whole company shutdown; about 22,000 of the 30,000 employees were Teamsters members.
Logistics & Shipping · Source: CNN
- CVS Health−5,000
CVS Health cut about 5,000 mainly corporate jobs to lower costs while it expanded into health care services.
Pharma & Healthcare · Source: CNBC
- Biogen−1,000(11% of workforce)
Biogen cut about 1,000 jobs to save costs while preparing to launch its Alzheimer's drug Leqembi.
Pharma & Healthcare · Source: CNBC
- Chegg−80(4% of workforce)
Chegg's SEC filing said the cut of about 80 employees was made to better position the company to execute against its AI strategy, six weeks after its shares fell more than 40% when the CEO said ChatGPT was affecting new customer growth.
EdTech · Source: SEC filing (Form 8-K)
- KPMG (United States)−2,000(5% of workforce)
KPMG announced a second 2023 round of US layoffs covering audit, tax and advisory, after 700 advisory cuts in February.
Professional Services · Source: Consulting.us
- LinkedIn−716(3.5% of workforce)
Sales and operations restructure; China job app shut down.
Social Media · Source: CNBC
- IBMnumber not given
Not a layoff: CEO Arvind Krishna told Bloomberg that IBM would pause or slow hiring for back-office roles, saying 30% of about 26,000 non-customer-facing jobs could be replaced by AI and automation over five years (roughly 7,800 roles).
IT Services & Consulting · Source: Bloomberg (via Fortune)
- Unity−600(8% of workforce)
Third round of Unity layoffs in a year, disclosed in an SEC filing.
Gaming · Source: CNBC
- Morgan Stanley−3,000
Morgan Stanley planned a second round of about 3,000 job cuts by the end of June 2023, mostly in banking and trading, as dealmaking stayed weak.
About the figure: Reported by a person with knowledge of the plans; about 5 percent of staff excluding financial advisors.
Banking & Finance · Source: CNBC
- JPMorgan Chase−500
JPMorgan Chase trimmed about 500 roles, mostly in technology and operations, while still holding thousands of open positions.
About the figure: Reported by people with knowledge of the move; the bank had about 13,000 open positions at the time.
Banking & Finance · Source: CNBC
- Walgreens Boots Alliance (corporate)number not given(10% of workforce)
Walgreens said it would cut about a tenth of its corporate staff to streamline operations and focus on health care services.
About the figure: Percentage applies to corporate staff only.
Pharma & Healthcare · Source: CNBC
- Dropbox−500(16% of workforce)
CEO Drew Houston cited slowing growth and wrote that 'the AI era of computing has finally arrived', saying the next stage of growth requires a different mix of skill sets, particularly in AI and early-stage product development.
Enterprise SaaS · Source: Company blog
- Lyft−1,072(26% of workforce)
New CEO David Risher cut 1,072 employees, roughly 26% of the corporate workforce, and dropped 250 open positions.
Transportation & Delivery · Source: CNBC
- Deloitte (United States)−1,200(1.5% of workforce)
Deloitte told US staff it would cut about 1,200 jobs as demand for advisory work slowed after rapid post pandemic hiring.
Professional Services · Source: Consulting.us
- EY (United States)−3,000(5% of workforce)
EY cut about 3,000 US employees, mostly in consulting, citing overcapacity shortly after its planned global split was abandoned.
Professional Services · Source: Consulting.us
- Tyson Foods (corporate)number not given(10% of workforce)
Tyson Foods told staff it would eliminate about 10 percent of corporate jobs and 15 percent of senior leadership roles.
About the figure: Percentage applies to corporate roles only; Tyson had about 6,000 US corporate employees.
Consumer Goods & Food · Source: CNBC
- BuzzFeednumber not given(15% of workforce)
BuzzFeed laid off 15 percent of staff and closed its Pulitzer winning news division.
Media & Streaming · Source: CNBC
- Meta−10,000
Second round after more than 11,000 cuts in November 2022, announced in Mark Zuckerberg's 'Year of Efficiency' update, which also closed around 5,000 open roles.
Big Tech · Source: Company post
- Amazon−9,000
Second wave after the 18,000 roles announced in January, mostly in AWS, PXT, Advertising and Twitch.
Big Tech · Source: Company blog
- Indeed−2,200(15% of workforce)
CEO Chris Hyams said that with future job openings at or below pre-pandemic levels the organization was too big for what lies ahead.
Enterprise SaaS · Source: TechCrunch
- Lucid Motors−1,300(18% of workforce)
Restructuring disclosed in a regulatory filing, to be completed by the end of the second quarter.
About the figure: Same article states the cut is 18% of the workforce.
Automotive · Source: TechCrunch
- Electronic Arts−800(6% of workforce)
EA also said it would reduce office space as part of the restructuring.
About the figure: EA announced 6%; about 800 is CNBC's stated equivalent.
Gaming · Source: CNBC
- McKinsey & Company−1,400(3% of workforce)
McKinsey restructured its support teams, cutting about 1,400 mostly non client facing roles after years of rapid headcount growth.
About the figure: Going Concern cites Bloomberg reporting and an internal memo from the global managing partner.
Professional Services · Source: Going Concern
- Zoom−1,300(15% of workforce)
CEO Eric Yuan said Zoom grew 3x in size within 24 months during the pandemic; he cut his own salary by 98% for the coming fiscal year.
Enterprise SaaS · Source: Company blog
- Dell−6,650(5% of workforce)
About 5% of staff cut as PC demand slowed; co-COO Jeff Clarke said earlier measures such as pausing external hiring and limiting travel were no longer sufficient.
Hardware & Chips · Source: CNBC
- Yahoo−1,600(20% of workforce)
More than 20% of staff by the end of 2023, with the former Yahoo for Business ad tech division cut by nearly 50%.
Media & Streaming · Source: CNBC
- Twilio−1,500(17% of workforce)
Second cut in six months (11% in Sept 2022).
Enterprise SaaS · Source: CNBC
- GitHubnumber not given(10% of workforce)
Microsoft-owned GitHub also said it would close its offices as leases ended and go fully remote.
Enterprise SaaS · Source: TechCrunch
- GitLab−130(7% of workforce)
CEO Sid Sijbrandij announced the reduction in a message to employees.
Enterprise SaaS · Source: CNBC
- Okta−300(5% of workforce)
CEO Todd McKinnon announced the reduction in a message to employees.
Cybersecurity · Source: Okta
- Riviannumber not given(6% of workforce)
Second 6% cut in seven months, made to conserve cash.
Automotive · Source: CNBC
- Chipper Cash−100
Second round in three months reportedly removed almost a third of the workforce across most departments.
About the figure: Figure comes from local news outlets cited by TechCrunch, not from the company.
Fintech · Source: TechCrunch
- Disney−7,000
CEO Bob Iger announced the cut on the company's earnings call alongside a restructuring and cost savings plan.
Media & Streaming · Source: ABC News
- General Motors−500
General Motors cut about 500 salaried positions across functions, less than 1 percent of its salaried workforce.
About the figure: Figure from a person familiar with the plans.
Automotive · Source: CNBC
- Boeing−2,000
Boeing planned to remove about 2,000 finance and human resources jobs in 2023 through attrition and layoffs, with some work outsourced.
About the figure: Combination of attrition and layoffs.
Aviation & Aerospace · Source: CNBC
- NPRnumber not given(10% of workforce)
NPR cut about a tenth of its staff, at least 100 people, to close a 30 million dollar advertising and sponsorship shortfall.
About the figure: NPR described the cut as at least 100 people.
Media & Streaming · Source: NPR
- PayPal−2,000(7% of workforce)
About 7% of staff; CEO Dan Schulman cited a challenging macroeconomic environment.
Fintech · Source: CNBC
- IBM−3,900(1.5% of workforce)
Cuts tied to the Kyndryl spin-off and Watson Health sale.
IT Services & Consulting · Source: CNBC
- Salesforce−8,000(10% of workforce)
CEO Marc Benioff wrote 'we hired too many people leading into this economic downturn' and cut about 10 percent of staff; the letter gave no number and AP put it at about 8,000.
Enterprise SaaS · Source: Company letter
- Google−12,000(6% of workforce)
CEO Sundar Pichai said the company had hired for a different economic reality than the one it faced; the roughly 12,000 roles cut spanned Alphabet product areas, functions, levels and regions.
Big Tech · Source: Company blog
- Microsoft−10,000(5% of workforce)
CEO Satya Nadella said the 10,000 cuts through the end of fiscal Q3 were less than 5 percent of employees and that Microsoft would continue to hire in key strategic areas.
Big Tech · Source: Company blog
- Amazon−18,000(1% of workforce)
Just over 18,000 roles including cuts first announced in November 2022, with the majority in the Amazon Stores and PXT organizations; Bloomberg called it the biggest reduction in the company's history.
Big Tech · Source: Company blog
- Coinbase−950(20% of workforce)
Second major Coinbase cut in seven months, with several projects shut down.
About the figure: Quote truncated at 'expenses' to stay under 40 words.
Crypto · Source: TechCrunch
- Wayfair−1,750(10% of workforce)
Second round of job cuts in under six months as part of company-wide cost reductions.
About the figure: Quote is the second half of the sentence.
E-commerce · Source: CNBC
- HubSpot−500(7% of workforce)
First layoffs in the company's history, announced in a CEO memo citing a faster deceleration than expected.
Enterprise SaaS · Source: HubSpot
- Goldman Sachs−3,200(6.5% of workforce)
Goldman Sachs began cutting up to 3,200 staff after a slump in dealmaking and losses in its consumer banking push.
About the figure: Figure is an upper bound reported by a person familiar with the plans, not a company statement.
Banking & Finance · Source: CNBC
- Hasbro−1,000(15% of workforce)
Hasbro cut about 1,000 positions and warned of weak holiday quarter results as toy demand slowed.
Consumer Goods & Food · Source: CNBC
- 3M−2,500
3M said it would cut 2,500 manufacturing jobs after profit fell and demand for consumer products weakened.
Industrial & Manufacturing · Source: CNBC
- Micronnumber not given(10% of workforce)
Headcount reduction over calendar 2023 through voluntary attrition and personnel reductions as memory chip demand fell.
Hardware & Chips · Source: CNBC
- Chipper Cash−50(12.5% of workforce)
Africa focused payments unicorn cut staff across departments, with engineering taking the largest share.
About the figure: More than 50 per sources; the 12.5 percent share is derived from a LinkedIn headcount. Chipper Cash is based in San Francisco and operates across Africa.
Fintech · Source: TechCrunch
- Morgan Stanley−1,600(2% of workforce)
Morgan Stanley cut about 2 percent of global staff across most divisions as Wall Street deal activity slowed.
About the figure: Reported by people with knowledge of the layoffs; the bank did not publish a figure.
Banking & Finance · Source: CNBC
Stellantis said it would indefinitely idle its Jeep Cherokee plant in Belvidere, Illinois, citing the cost of the shift to electric vehicles.
About the figure: Indefinite layoffs; the 2023 UAW contract later included plans to reopen the plant.
Automotive · Source: CNBC
- BuzzFeed−180(12% of workforce)
BuzzFeed cut nearly 12 percent of staff, citing an advertising downturn and the integration of Complex Networks.
Media & Streaming · Source: CNBC
- Cisco−4,100(5% of workforce)
Announced with quarterly earnings as a restructuring to 'rebalance the organization'; Cisco's filings give only the share, about 5% of its global workforce, and the 4,100 figure comes from press reports.
Hardware & Chips · Source: Computerworld
- DoorDash−1,250(7% of workforce)
CEO Tony Xu said DoorDash had hired quickly during the pandemic and had not been rigorous enough in managing team growth.
Transportation & Delivery · Source: DoorDash 8-K (SEC filing)
- Meta−11,000(13% of workforce)
Mark Zuckerberg told employees 'I got this wrong, and I take responsibility for that' after raising investment on the expectation that the pandemic surge in e-commerce would be permanent.
Big Tech · Source: Meta newsroom
- Amazonnumber not given
Amazon confirmed job cuts in its Devices and Books businesses without giving a number; the New York Times had reported a plan for about 10,000, and the cuts were later included in the 18,000 total announced in January 2023.
Big Tech · Source: Amazon (Andy Jassy note)
- Twitter / X−3,700(50% of workforce)
Roughly half of Twitter's about 7,500 employees were laid off one week after Elon Musk acquired the company; the 3,700 figure comes from press reports, not a company statement.
Social Media · Source: CNN
- Stripe−1,100(14% of workforce)
Collison brothers: 'we overhired for the world we're in'.
Fintech · Source: Stripe newsroom
- Lyft−683(13% of workforce)
Second cut of 2022 amid recession fears.
Transportation & Delivery · Source: Lyft 8-K (SEC filing)
- Carvana−1,500(8% of workforce)
Second layoff of 2022, after the May cut of 2,500, amid a weakening used-vehicle market and a steep fall in Carvana's share price.
E-commerce · Source: CNBC
- HP−6,000
HP said it plans to cut 4,000 to 6,000 employees over three years.
About the figure: Count is the upper bound of the announced 4,000 to 6,000 range.
Hardware & Chips · Source: CNBC
- Kraken−1,100(30% of workforce)
Crypto exchange cut staff as trading volumes and client sign-ups fell.
About the figure: Same article states the 1,100 represent around 30% of staff.
Crypto · Source: TechCrunch
- AMC Networksnumber not given(20% of workforce)
AMC Networks planned to cut about a fifth of its US staff as cable subscriptions fell and streaming gains did not offset the loss.
About the figure: Percentage refers to US staff and comes from a person familiar with the plans.
Media & Streaming · Source: CNBC
- Seagate−3,000(8% of workforce)
Hard drive maker cited economic uncertainty and declining demand.
Hardware & Chips · Source: CNBC
- Twilionumber not given(11% of workforce)
Restructuring announced by CEO Jeff Lawson as the company targeted profitability.
Enterprise SaaS · Source: The Register
- Snapnumber not given(20% of workforce)
Snap cut about 20% of its full-time staff and cancelled several projects after revenue growth fell well below its expectations.
Social Media · Source: The Verge
- Robinhood−780(23% of workforce)
Second layoff of 2022, after a 9% cut in April; CEO Vlad Tenev cited a worsening macro environment and a broad crypto market crash.
Fintech · Source: Robinhood 8-K (SEC filing)
Walmart cut about 200 corporate roles days after lowering its profit outlook as shoppers pulled back on discretionary goods.
About the figure: Figure from a person familiar with the matter.
Retail & Corporate · Source: CNBC
- Ford−3,000
Ford cut about 3,000 salaried and agency jobs, mostly in North America, to lower costs while funding its electric vehicle plans.
About the figure: Includes 2,000 salaried positions and 1,000 agency jobs in the US, Canada and India.
Automotive · Source: CNBC
- Bed Bath & Beyondnumber not given(20% of workforce)
Bed Bath & Beyond said it would close about 150 stores and cut a fifth of its corporate and supply chain staff in a turnaround attempt.
About the figure: Percentage applies to corporate and supply chain staff only; the retailer went bankrupt and liquidated in 2023.
Retail & Corporate · Source: CNBC
- Riviannumber not given(6% of workforce)
Restructuring announced in an internal email from founder and CEO RJ Scaringe.
Automotive · Source: TechCrunch
- Coinbase−1,100(18% of workforce)
CEO Brian Armstrong cut about 18% of staff, saying Coinbase 'grew too quickly'; earlier in June the company had rescinded a number of accepted job offers.
Crypto · Source: Coinbase blog
- Teslanumber not given(3% of workforce)
Elon Musk said Tesla would reduce its salaried workforce by roughly 10% over about three months while hourly headcount would grow.
About the figure: The cut was 10% of salaried staff only; the same article quotes Musk putting it at roughly 3% to 3.5% of total headcount. Percent uses the lower bound of his range; consider whether to store 10 with a note instead.
Automotive · Source: CNN
- Netflix−450
Two rounds: about 150 employees in May 2022 and about 300 more in June 2022, after Netflix reported its first subscriber loss in a decade.
Media & Streaming · Source: CNBC
- Carvana−2,500(12% of workforce)
Cut about 2,500 employees, mainly in operational groups, to align staffing with sales volumes; executives gave up their salaries for the rest of the year to help fund severance.
E-commerce · Source: The Drive
- Better.com−3,000
Digital mortgage lender cut staff in the U.S. and India; some employees learned of it when severance payments appeared early in the payroll app.
About the figure: A spokesperson told TechCrunch the final number was just over 3,000.
Fintech · Source: TechCrunch
- Peloton−2,800
Announced the same day that co-founder John Foley was replaced as CEO by Barry McCarthy; the cut covered about 2,800 positions globally, including about 20% of corporate roles.
Consumer Tech · Source: CNBC
Search every company in the directory, or read how we choose and check events in the methodology.