Layoff news
Coverage and analysis of company layoffs, updated from verified sources.
First Brands Group and Textron Announce Significant Layoffs Amid Market Pressures
First Brands Group and Textron have announced job cuts totaling 450 employees, reflecting ongoing challenges in the auto and aerospace sectors.
UBS and Prudential Financial Announce Significant Job Cuts Amid Economic Uncertainty
UBS has cut 300 jobs in the EMEA region and Prudential Financial has laid off 53 employees as they navigate current market challenges.
Cognizant Announces 15,000 Job Cuts as Layoffs Sweep Across Industries
Cognizant leads significant job cuts with 15,000 layoffs, amidst broader industry reductions affecting nearly 17,000 employees across various sectors.
Intuit Inc. and Cloudflare, Inc. Experience Significant Layoffs Amidst Economic Pressures
Intuit Inc. and Cloudflare, Inc. announce substantial workforce reductions as economic challenges reshape the tech landscape, affecting over 4,000 jobs combined.
Meta Platforms, Intuit, and JPMorgan Chase Lead Layoff Wave Affecting Over 8,700 Employees
Layoff announcements from Meta Platforms, Intuit, and JPMorgan Chase signal ongoing challenges in the tech and financial sectors, affecting more than 8,700 employees across various regions.
Morgan Stanley Cuts Workforce Amid Financial Sector Restructuring
Morgan Stanley announces a 3% workforce reduction, joining other major firms as economic pressures reshape employment across industries.
Meta Platforms, Inc. and Oracle Corporation Lead Job Cuts Amid Tech Sector Restructuring
Meta Platforms, Inc. and Oracle Corporation are among companies announcing significant layoffs, totaling nearly 26,500 jobs, reflecting ongoing challenges in the tech industry.
ConocoPhillips, LAUSD Report Significant Job Cuts Amid Economic Pressures
ConocoPhillips and LAUSD announce layoffs affecting over 2,000 employees, reflecting ongoing economic challenges across sectors.
AbbVie and Intuit Lead Workforce Reductions as U.S. Layoffs Surge
Major layoffs announced by AbbVie and Intuit signal ongoing challenges in healthcare and technology sectors amidst broader economic pressures.
Walmart Cuts 1,000 Jobs Amid AI Restructuring Efforts
Walmart is laying off 1,000 corporate employees to streamline its AI teams, reflecting broader trends amid economic pressures across various sectors.
Meta Platforms Cuts 8,000 Jobs Amid Ongoing Restructuring Efforts
Meta Platforms, Inc. announces significant layoffs affecting 8,000 employees as part of broader restructuring measures to streamline operations and focus on efficiency.
Oracle Cuts 20,000 Jobs Amid Restructuring as Tech Sector Feels the Heat
Oracle announces 20,000 layoffs as part of a strategic shift, reflecting broader challenges in the tech sector. Major layoffs across industries signal potential economic instability.