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REPORTED · WARN NOTICE✓ VERIFIEDAdded Mar 25, 2026

Summit Funding, Inc. Layoff — May 2026

SOURCEOFFICIAL FILINGCalifornia Employment Development Department· filed March 19, 2026View the filing ↗

EMPLOYEES AFFECTED
163
SHARE OF WORKFORCE
~11%
EFFECTIVE DATE
May 17, 2026
163 OF 1,500 EMPLOYEES

What we know

Location: Sacramento, CA (Sacramento County).

A WARN notice for this layoff is recorded on March 19, 2026.

Disclosed through an official WARN filing with the CA state workforce agency.

Summary

Summit Funding, Inc. disclosed this layoff in an official WARN (Worker Adjustment and Retraining Notification) notice recorded by the CA state workforce agency on March 19, 2026. The notice covers 163 employees in Sacramento, CA (Sacramento County), with the layoff effective May 17, 2026.

That is roughly 10.9% of the 1,500 people Summit Funding, Inc. employs.

LayoffTalk has tracked 3 layoff events at Summit Funding, Inc. since November 2022, including 235 jobs documented in official WARN filings, with 1 additional event known from news reporting.

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SOURCE
Official WARN notice
View state filing ↗
S
Summit Funding, Inc.
Financials · 1,500 employees
3
EVENTS TRACKED
235
JOBS IN WARN FILINGS
View company profile

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CREATED MAR 25, 2026LAST UPDATED AUG 27, 2026