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~97,780 people affected in this period
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Open the heatmap →Verizon may be preparing another round of layoffs that a Barron’s report says will be announced on Thursday, July 24, 2026, though the scale of cuts was not disclosed. The company previously laid off 13,000 employees in November and cut 121 jobs in New Jersey in May as part of CEO Dan Schulman’s plan to reduce operating expenses and reshape the business. Reports also have suggested rumors of up to 25% cuts to Verizon’s 5G enterprise team as part of larger reductions. Schulman has tied part of the cost reductions to workforce cuts and created a $20 million Reskilling and Career Transition Fund to aid departing employees. Verizon is scheduled to report Q2 2026 results on July 24, when more details may be revealed.
Chartwells laid off 93 food-service employees after the Parkway School District switched to a different food-service vendor. The cuts affected cafeteria/food-service workers serving Parkway School District schools in the St. Louis-area district. The layoffs were tied directly to the district's decision to change vendors rather than to a company-wide restructuring. The article reports the job losses as a discrete event tied to the vendor transition, with Chartwells identified as the employer that carried out the layoffs.
Wells Fargo announced its 10th round of layoffs with notices delivered July 22, 2026, adding 20 more employees in West Des Moines and bringing the local total to 301 after an earlier reduction of 49 in February. State data shows more than 1,500 Iowa employees have been laid off since April 2022, with additional job losses via attrition, and the company’s national employment has fallen by about 65,000 since 2019 under CEO Charlie Scharf. The affected employees received notice on July 22 and have a final work date of Sept. 19, 2026. The bank did not specify which divisions were impacted or whether employees would be retained in other roles; reasons cited in the article include broader industry pressures such as AI, higher interest rates, regulatory factors, and strategic staffing adjustments.
Meta Platforms, Inc. announced a reduction of about 8,000 employees, roughly 10% of its workforce, as part of efforts to offset sharply higher AI capital expenditures. The cuts, reported in mid-May, are the company's largest since its 2022–2023 'Year of Efficiency' when it cut 21,000 roles, and will reduce headcount to about 71,000. Management expects meaningful severance charges (estimated around $800 million if severance averages $100,000 per affected employee) and relatively modest annual savings versus Meta's large 2026 CapEx guidance. CEO Mark Zuckerberg indicated he does not expect more company-wide layoffs this year, and the company is also reassigning roughly 7,000 employees to AI-related roles as part of the reorganization.
The article reports that Amazon carried out layoffs affecting two of its Florida warehouses. It focuses on local impacts at those fulfillment centers and outlines Amazon's plans or actions to reduce staffing there. The piece situates these cuts within broader operational adjustments by the company and notes the specific geographic focus on Treasure Coast-area facilities. No exact employee counts, dates, or specific department names were provided in the article excerpt.
Sodexo is laying off 173 employees at Bentley University as Chartwells, a Compass Group brand, takes over the school's dining services contract. The cuts affect dining staff employed by Sodexo on the Waltham, Massachusetts campus as the new contractor transitions operations. The change in vendor prompted the termination of roles tied to the Sodexo dining contract; the article frames the move as a contract turnover rather than a company-wide restructuring. No specific date of the layoffs is provided in the article, nor are details about severance or rehiring by the incoming contractor included. The situation is presented as a localized workforce reduction related to the campus dining contract change.
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