Oracle and The Trade Desk Account for Majority of 4,662 Job Cuts Sept. 21–22

Oracle Corporation and The Trade Desk together accounted for the largest portion of layoffs during the September 21–22 window, when eight employers announced cuts affecting 4,662 workers across multiple sectors. The announcements spanned health care, consumer staples, consumer discretionary and information technology employers.

• In total, companies reported 8 separate layoff actions affecting 4,662 employees between September 21 and September 22.

• The information technology sector registered the largest impact with 2 layoffs affecting 3,575 employees, led by Oracle Corporation and The Trade Desk (reports on these cuts were carried by outlets including MSN, Storyboard18 and Seeking Alpha for Oracle and ADWEEK, Business Insider and PPC Land for The Trade Desk).

• Health care employers recorded 3 layoff actions affecting 631 employees. The affected companies included Elevance Health, Inc., PeaceHealth, and Bristol-Myers Squibb Company. Reporting sources for those actions included straussborrelli.com for Elevance Health, My Bellingham Now, Cascadia Daily News and The Daily Chronicle for PeaceHealth, and a WARN filing with state regulators for Bristol-Myers Squibb Company.

• The consumer staples sector saw 2 layoffs affecting 311 employees tied to Amy’s Kitchen, Inc., with coverage noted from outlets such as the Idaho State Journal, Local News 8, the New York Post, SSBCrack and latination.com.

• Consumer discretionary activity included 1 layoff at CarMax, Inc., affecting 145 employees; reporting for that action was noted from Richmond BizSense, TradingView and virginiabusiness.com.

Summary statistics

• Total layoff actions: 8
• Total employees affected: 4,662
• Sectors reporting cuts: Health Care (631 employees), Consumer Staples (311), Consumer Discretionary (145), Information Technology (3,575)

This summary is based solely on filings and news reports listed for each company during the September 21–22 period.