Layoff news
Coverage and analysis of company layoffs, updated from verified sources.
Capital One Cuts 276 Jobs; Wells Fargo Signals More Reductions — Financials
Capital One filed a WARN for 276 layoffs linked to its Riverwoods site; Wells Fargo reported continuing headcount declines and signaled further cuts in July 2026.
Oracle and Microsoft Announce Major Information Technology Layoffs
Oracle and Microsoft disclosed large workforce reductions in the Information Technology sector on July 17–18, 2026, totaling about 26,100 roles worldwide.
Temco Logistics Cuts 60 Jobs in Transportation and Warehousing
Temco Logistics filed a WARN notice reporting 60 job cuts in the Transportation and Warehousing sector on July 17–18, 2026.
Verizon Cuts About 3,000 Jobs as It Sells 274 Retail Stores
Verizon disclosed workforce reductions tied to the sale of 274 stores, totaling roughly 3,000 roles, with additional corporate reductions and local WARN notices in mid-July 2026.
Verizon, Meta and Citigroup Lead July 15–16 Cuts as Communications Sector Absorbs Majority of 20,772 Job Losses
Telecom giants and a major bank accounted for most of the 20,772 layoffs July 15–16, with communications firms bearing the brunt.
Meta Faces Legal Backlash as Global Cuts and Regional IT Layoffs Highlight Wider Labor Risks
A federal suit against Meta over AI-aided layoffs and large IT cuts in India underscore legal and policy risks as firms reshape workforces.
Amazon Reports Workforce Reduction in Transportation and Warehousing via Florida WARN Filing
Amazon disclosed a Transportation and Warehousing layoff of 494 workers in Florida via a WARN filing on July 15–16, 2026.
Citigroup Reports China Reductions as Financials Sector Sees Workforce Shifts
Citigroup disclosed recent reductions in China and signaled further severance as it accelerates investments in the Financials sector (July 15–16, 2026).
LeeMAH Electronics Halts Operations in Brisbane as Industrials Sector Records 212 Job Cuts
LeeMAH Electronics will close its Brisbane site, laying off 212 workers per WARN filings covering July 15–16, 2026.
Microsoft Job Cuts Prompt Protests as Information Technology Workers Rally Over Studio Layoffs
Microsoft faces worker demonstrations after mass layoffs affecting studios in the Information Technology sector on July 15–16, 2026.
Verizon, Meta and Altice Among Companies Announcing Workforce Reductions in the Communication Services Sector
Communication Services layoffs reported July 15–16, 2026, include reductions at Altice and Charter and continuing developments at Verizon and Meta.
Microsoft and KPMG Among Firms Cutting Jobs as 5,550 Workers Impacted in Mid‑July Round
A mid‑July wave saw Microsoft Corporation, KPMG and others cut 5,550 roles across multiple sectors.