Labour09/23/2026@EconDesk
Uber Cuts About 10% of Its Workforce
Uber…Uber Headquarters Building 4, 1725, 3rd Street, Mission Bay, San Francisco, California, 94158, United States
Starts 09/02/2026CONFIRMED 88% CONFIDENCE21 days agoKhosrowshahi's memo, posted on the Uber^[1] Newsroom on September 2, 2026, says "The message below was shared with Uber employees today" and "Everyone whose role has been affected has already been notified"; CNBC^[2] reports "Uber on Wednesday announced plans to slash 10% of its workforce".
Uber cut about 10% of its staff, roughly 3,300 jobs, as CEO Dara Khosrowshahi removed management layers, merged teams and pulled remote workers back into offices.
0.65
Labour09/23/2026@EconDesk
Lucid Cuts About 18% of Its U.S. Workforce and Ends a Factory Shift
Lucid Motors…Gateway Boulevard, Jarvis Landing, Newark, Alameda County, California, 94555, United States
Starts 06/22/2026CONFIRMED 88% CONFIDENCE93 days agoLucid's Form 8-K says "On June 22, 2026, Lucid Group, Inc. (the "Company") announced a plan" involving "a reduction of the Company's current U.S. workforce by approximately 18 percent".^[1]
Lucid is cutting about 18% of its U.S. workforce, roughly 1,500 people including factory workers, ending the second shift at its Arizona plant; COO Marc Winterhoff is out as the role is eliminated.
$32M
0.63
Labour09/23/2026@EconDesk
Monday.com Cuts About 20% of Its Workforce to Rebuild Around AI
Monday.com…TOU Towers, 6, Yitzhak Sadeh, Tel Aviv, Montefiore, Tel-Aviv, Tel Aviv Subdistrict, Tel-Aviv District, 6713701, Israel
Starts 07/22/2026CONFIRMED 84% CONFIDENCE63 days agomonday.com's Form 6-K says "On July 22, 2026, monday.com Ltd. (the "Company") initiated a restructuring plan" that "includes a reduction of approximately 20% of the Company's current workforce"; Ctech's report of the staff letter is dated 22.07.26.^[1]
Monday.com is cutting about 20% of its global workforce, around 620 jobs with some 350 at its Tel Aviv headquarters, as it reorganises around its AI Work Platform.
$50M
0.63
Labour09/23/2026@EconDesk
Jaguar Land Rover to Cut About 4,000 Jobs Over Two Years
Jaguar Land RoverScimitar Way, Cheylesmore, Coventry, West Midlands, England, CV3 4GA, United Kingdom
Starts 09/07/2026CONFIRMED 83% CONFIDENCE16 days agoCNBC^[1] (7 Sep 2026) quotes JLR CEO PB Balaji's statement that "we will reduce our global workforce by around 4,000 roles over the next two years", and AP reports "Jaguar Land Rover said Monday it will cut 4,000 jobs" (Monday 7 September 2026).
JLR will cut around 4,000 roles, about 10% of its global workforce, over two years, mostly salaried and management jobs in the UK, as it targets £1.7 billion of savings.
0.63
Labour09/23/2026@EconDesk
Etsy Cuts About 12% of Its Workforce
Etsy, Inc., 117, Adams Street, Dumbo, Brooklyn, Kings County, New York, 11201, United StatesEtsy…
Starts 08/05/2026CONFIRMED 91% CONFIDENCE49 days agoEtsy's Form 8-K says "On August 5, 2026, Etsy issued an employee communication relating to the Restructuring Plan", and the memo says "today we're announcing changes to our organization"; CNBC^[3]: "Etsy said Wednesday it's laying off about 220 employees".
Etsy is laying off about 220 employees, roughly 12% of its workforce, mostly in product and engineering, leaving about 1,600 people.
$35M
0.60
Labour09/23/2026@EconDesk
Rackspace Cuts About 15% of Its Workforce to Pivot to Enterprise AI
Rackspace…Rackspace Global Headquarters, Suite 128, US Highway 281 North, San Antonio, Bexar County, Texas, 78258, United States
Starts 06/10/2026CONFIRMED 86% CONFIDENCE105 days agoRackspace's Form 8-K says "On June 10, 2026, the Executive Committee of the Board of Directors of the Company approved a workforce realignment plan" and "A majority of the impacted employees were notified on or around June 10, 2026".^[1]
Rackspace is cutting about 15% of its global workforce, roughly 750 of some 5,000 employees, mostly in legacy public-cloud services, to redeploy money into enterprise AI.
$16.5M
0.59
Labour09/23/2026@EconDesk
Apple Cuts 200+ Jobs in Vision Pro and Siri Teams
Apple…Apple Park Way, Cupertino, Santa Clara County, California, 95129, United States
Starts 08/21/2026CONFIRMED 85% CONFIDENCE33 days ago9to5Mac^[1], Aug 21 2026: "Apple is cutting jobs across multiple teams, according to a new Bloomberg report. All told, the company has cut more than 200 jobs across teams working on Vision Pro, Siri, and software engineering", with Apple's statement confirming the cuts.
Apple cut more than 200 jobs, about 100 in its Vision Products Group, largely shutting its Vision Pro gaming team and shrinking immersive video, and about 100 in Siri and software as it shifts to Siri AI.
0.59
Labour09/23/2026@EconDesk
Robinhood Cuts About 10% of Its Staff
Robinhood…Willow Place, Menlo Park, San Mateo County, California, 94301, United States
Starts 06/16/2026CONFIRMED 83% CONFIDENCE99 days agoRobinhood's Form 8-K, Item 2.05, says "On June 16, 2026, Robinhood Markets, Inc. ... announced a reduction in force" involving "approximately 10% of the Company's full-time employees".^[1]
Robinhood cut about 10% of its full-time employees, roughly 290 people, to flatten management layers, booking about $28 million in charges.
$28M
0.59
Business06/15/2017@ThePinGang
Microsoft to cut 18,000 jobs in the next year
Microsoft…
07/16/2014 - 07/17/2014 CONFIRMED 90% CONFIDENCE12.2 years agoHappened as dated, per wpcentral.com^[1]: "Your membership journey starts here. Keep exploring and earning more as a member. La…"
Microsoft has announced that it will lay off up to 18,000 workers in the next year, in what is by far the largest number of employees that will be cut by the company in its history. In a letter sent to employees earlier this morning that Microsoft also released to the public, company CEO Satya Nadella confirmed that 12,500 of the job losses will be due to the company's acquisition of Nokia's Devices and Services division in April, when it added 25,000 new workers.
0.59
Labour09/23/2026@EconDesk
Omnicom Sets Out About 15,000 Job Reductions by the End of 2026
280, Park Avenue, Midtown East, Manhattan Community Board 5, Manhattan, New York County, New York, 10172, United StatesOmnicom…
Starts 09/10/2026CONFIRMED 85% CONFIDENCE13 days agoOmnicom's 4 September 2026 release says CFO Phil Angelastro would present at the Goldman Sachs Communacopia + Technology Conference "on Thursday, September 10, 2026 at 8:10 a.m. Pacific Time"; the transcript of that session has him say 105,000 is "a pretty good estimate" for headcount "by the end of the year 2026", down from "about 120,000".^[1]
Omnicom expects to end 2026 with about 105,000 staff, roughly 15,000 or an eighth fewer than the 120,000 it had after buying Interpublic, through merger cuts, outsourcing, offshoring and disposals.
0.57
Labour09/23/2026@EconDesk
Zillow Lays Off Just Over 500 Employees
1301, 2nd Avenue, West Edge, Belltown, Seattle, King County, Washington, 98101, United StatesZillow…
Starts 08/04/2026CONFIRMED 87% CONFIDENCE50 days agoJeremy Wacksman's post, "Written by Jeremy Wacksman on August 4, 2026", says "Today, Zillow^[1] announced organizational changes that will result in just over 500 employees leaving the company."
Zillow laid off just over 500 employees, about 7% of its workforce, in its second and largest cut of 2026, a day before its second-quarter results.
0.57
Labour09/23/2026@EconDesk
Volkswagen Approves About 50,000 More Job Cuts in Its Future Plan 2030
Volkswagen Group2, Berliner Ring, Alt-Wolfsburg, Wolfsburg, Lower Saxony, 38440, Germany
Starts 09/03/2026CONFIRMED 83% CONFIDENCE20 days agoVolkswagen Group's^[1] press release dated 3 September 2026 says "Wolfsburg. Today, the Supervisory Board of the Volkswagen Group unanimously approved the Executive Board's Future Plan 2030", which includes "a Group-wide workforce adjustment of approximately 50,000 positions".
Volkswagen's supervisory board approved a group-wide cut of about 50,000 more positions, including management roles, on top of earlier programmes that bring planned job reductions to around 100,000 by 2030.
0.57

CNBC^[1] (published 28 July 2026) reports Visa "plans to cut about 7% of its workforce" per a memo and that "Impacted employees will start to be contacted on Tuesday"; American Banker^[3] (28 July) says McInerney discussed the cuts "during Tuesday's earnings call".

Start: Jul 28, 202690% CONFIDENCEfrom the source

Visa Cuts About 2,600 Jobs, 7% of Its Workforce

Visa is eliminating about 2,600 roles, roughly 7% of its workforce and mostly in technology and product, with CEO Ryan McInerney saying AI is reshaping how work gets done.

On 28 July 2026 Visa said in a memo that it would eliminate about 2,600 positions, roughly 7% of its workforce, mostly in technology and product operations; affected employees began to be contacted that Tuesday^[1][3].
CEO Ryan McInerney wrote that "AI is also helping to accelerate this evolution and shape the way work gets done at Visa"; a person familiar said AI was a significant factor but not the sole driver^[1][3].
Visa's fiscal third-quarter results the same day included a special item of $563 million for severance costs, recorded "to drive operational efficiencies and reinvest in high-growth opportunities"^[2][3].
Product teams shrink to two to four people from about ten, which Visa says, together with AI, supports a 65% boost in feature development^[3].
Visa plans to reinvest in affluent customers, cross-border activity, business payments, stablecoins and geographic expansion^[1]; it had about 34,100 employees at the end of its last fiscal year^[1].
The cuts came alongside strong results: net revenue of $11.6 billion, up 14%, and GAAP net income of $5.6 billion, up 7%^[2].

@EconDesk

Cost $563M

References 388% CONFIDENCE

The first entry is always the pin's source. Overall confidence is a weighted average of how firmly each reference supports the start and end times used above; a reference counts half as much for every 180 days older than the newest.

[1]90%
cnbc.com/2026/07/28/visa-is-cutting-7percent-of-employees-in-efficiency-push-as-ai-reshapes-work.html
cnbc.com· Posted Sep 23, 2026· Starts Jul 28, 2026 ✓· 38% of score
CNBC (published 28 July 2026) reports Visa "plans to cut about 7% of its workforce" per a memo and that "Impacted employees will start to be contacted on Tuesday"; American Banker^[3] (28 July) says McInerney discussed the cuts "during Tuesday's earnings call".
[2]88%
Visa Fiscal Third Quarter 2026 Financial Results
sec.gov· Published Jul 28, 2026· 31% of score
Visa's own earnings release, filed with the SEC on 28 July 2026, lists special items of $563 million for severance costs from actions to drive operational efficiencies.
[3]85%
Visa says AI is helping to enable workforce cuts
americanbanker.com· Published Jul 28, 2026· 31% of score
American Banker reports Visa will lay off 7% of its workforce, about 2,600 jobs, adding $563 million in severance costs, quoting McInerney on the earnings call.

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1Visa Cuts About 2,600 Jobs, 7% of Its Workforcestart was $366.59

Labour09/23/2026@EconDesk
Uber Cuts About 10% of Its Workforce
Uber…Uber Headquarters Building 4, 1725, 3rd Street, Mission Bay, San Francisco, California, 94158, United States
Starts 09/02/2026CONFIRMED 88% CONFIDENCE21 days agoKhosrowshahi's memo, posted on the Uber^[1] Newsroom on September 2, 2026, says "The message below was shared with Uber employees today" and "Everyone whose role has been affected has already been notified"; CNBC^[2] reports "Uber on Wednesday announced plans to slash 10% of its workforce".
Uber cut about 10% of its staff, roughly 3,300 jobs, as CEO Dara Khosrowshahi removed management layers, merged teams and pulled remote workers back into offices.
0.65
Labour09/23/2026@EconDesk
Lucid Cuts About 18% of Its U.S. Workforce and Ends a Factory Shift
Lucid Motors…Gateway Boulevard, Jarvis Landing, Newark, Alameda County, California, 94555, United States
Starts 06/22/2026CONFIRMED 88% CONFIDENCE93 days agoLucid's Form 8-K says "On June 22, 2026, Lucid Group, Inc. (the "Company") announced a plan" involving "a reduction of the Company's current U.S. workforce by approximately 18 percent".^[1]
Lucid is cutting about 18% of its U.S. workforce, roughly 1,500 people including factory workers, ending the second shift at its Arizona plant; COO Marc Winterhoff is out as the role is eliminated.
$32M
0.63
Labour09/23/2026@EconDesk
Monday.com Cuts About 20% of Its Workforce to Rebuild Around AI
Monday.com…TOU Towers, 6, Yitzhak Sadeh, Tel Aviv, Montefiore, Tel-Aviv, Tel Aviv Subdistrict, Tel-Aviv District, 6713701, Israel
Starts 07/22/2026CONFIRMED 84% CONFIDENCE63 days agomonday.com's Form 6-K says "On July 22, 2026, monday.com Ltd. (the "Company") initiated a restructuring plan" that "includes a reduction of approximately 20% of the Company's current workforce"; Ctech's report of the staff letter is dated 22.07.26.^[1]
Monday.com is cutting about 20% of its global workforce, around 620 jobs with some 350 at its Tel Aviv headquarters, as it reorganises around its AI Work Platform.
$50M
0.63
Labour09/23/2026@EconDesk
Jaguar Land Rover to Cut About 4,000 Jobs Over Two Years
Jaguar Land RoverScimitar Way, Cheylesmore, Coventry, West Midlands, England, CV3 4GA, United Kingdom
Starts 09/07/2026CONFIRMED 83% CONFIDENCE16 days agoCNBC^[1] (7 Sep 2026) quotes JLR CEO PB Balaji's statement that "we will reduce our global workforce by around 4,000 roles over the next two years", and AP reports "Jaguar Land Rover said Monday it will cut 4,000 jobs" (Monday 7 September 2026).
JLR will cut around 4,000 roles, about 10% of its global workforce, over two years, mostly salaried and management jobs in the UK, as it targets £1.7 billion of savings.
0.63
Labour09/23/2026@EconDesk
Etsy Cuts About 12% of Its Workforce
Etsy, Inc., 117, Adams Street, Dumbo, Brooklyn, Kings County, New York, 11201, United StatesEtsy…
Starts 08/05/2026CONFIRMED 91% CONFIDENCE49 days agoEtsy's Form 8-K says "On August 5, 2026, Etsy issued an employee communication relating to the Restructuring Plan", and the memo says "today we're announcing changes to our organization"; CNBC^[3]: "Etsy said Wednesday it's laying off about 220 employees".
Etsy is laying off about 220 employees, roughly 12% of its workforce, mostly in product and engineering, leaving about 1,600 people.
$35M
0.60
Labour09/23/2026@EconDesk
Rackspace Cuts About 15% of Its Workforce to Pivot to Enterprise AI
Rackspace…Rackspace Global Headquarters, Suite 128, US Highway 281 North, San Antonio, Bexar County, Texas, 78258, United States
Starts 06/10/2026CONFIRMED 86% CONFIDENCE105 days agoRackspace's Form 8-K says "On June 10, 2026, the Executive Committee of the Board of Directors of the Company approved a workforce realignment plan" and "A majority of the impacted employees were notified on or around June 10, 2026".^[1]
Rackspace is cutting about 15% of its global workforce, roughly 750 of some 5,000 employees, mostly in legacy public-cloud services, to redeploy money into enterprise AI.
$16.5M
0.59
Labour09/23/2026@EconDesk
Apple Cuts 200+ Jobs in Vision Pro and Siri Teams
Apple…Apple Park Way, Cupertino, Santa Clara County, California, 95129, United States
Starts 08/21/2026CONFIRMED 85% CONFIDENCE33 days ago9to5Mac^[1], Aug 21 2026: "Apple is cutting jobs across multiple teams, according to a new Bloomberg report. All told, the company has cut more than 200 jobs across teams working on Vision Pro, Siri, and software engineering", with Apple's statement confirming the cuts.
Apple cut more than 200 jobs, about 100 in its Vision Products Group, largely shutting its Vision Pro gaming team and shrinking immersive video, and about 100 in Siri and software as it shifts to Siri AI.
0.59
Labour09/23/2026@EconDesk
Robinhood Cuts About 10% of Its Staff
Robinhood…Willow Place, Menlo Park, San Mateo County, California, 94301, United States
Starts 06/16/2026CONFIRMED 83% CONFIDENCE99 days agoRobinhood's Form 8-K, Item 2.05, says "On June 16, 2026, Robinhood Markets, Inc. ... announced a reduction in force" involving "approximately 10% of the Company's full-time employees".^[1]
Robinhood cut about 10% of its full-time employees, roughly 290 people, to flatten management layers, booking about $28 million in charges.
$28M
0.59
Business06/15/2017@ThePinGang
Microsoft to cut 18,000 jobs in the next year
Microsoft…
07/16/2014 - 07/17/2014 CONFIRMED 90% CONFIDENCE12.2 years agoHappened as dated, per wpcentral.com^[1]: "Your membership journey starts here. Keep exploring and earning more as a member. La…"
Microsoft has announced that it will lay off up to 18,000 workers in the next year, in what is by far the largest number of employees that will be cut by the company in its history. In a letter sent to employees earlier this morning that Microsoft also released to the public, company CEO Satya Nadella confirmed that 12,500 of the job losses will be due to the company's acquisition of Nokia's Devices and Services division in April, when it added 25,000 new workers.
0.59
Labour09/23/2026@EconDesk
Omnicom Sets Out About 15,000 Job Reductions by the End of 2026
280, Park Avenue, Midtown East, Manhattan Community Board 5, Manhattan, New York County, New York, 10172, United StatesOmnicom…
Starts 09/10/2026CONFIRMED 85% CONFIDENCE13 days agoOmnicom's 4 September 2026 release says CFO Phil Angelastro would present at the Goldman Sachs Communacopia + Technology Conference "on Thursday, September 10, 2026 at 8:10 a.m. Pacific Time"; the transcript of that session has him say 105,000 is "a pretty good estimate" for headcount "by the end of the year 2026", down from "about 120,000".^[1]
Omnicom expects to end 2026 with about 105,000 staff, roughly 15,000 or an eighth fewer than the 120,000 it had after buying Interpublic, through merger cuts, outsourcing, offshoring and disposals.
0.57
Labour09/23/2026@EconDesk
Zillow Lays Off Just Over 500 Employees
1301, 2nd Avenue, West Edge, Belltown, Seattle, King County, Washington, 98101, United StatesZillow…
Starts 08/04/2026CONFIRMED 87% CONFIDENCE50 days agoJeremy Wacksman's post, "Written by Jeremy Wacksman on August 4, 2026", says "Today, Zillow^[1] announced organizational changes that will result in just over 500 employees leaving the company."
Zillow laid off just over 500 employees, about 7% of its workforce, in its second and largest cut of 2026, a day before its second-quarter results.
0.57
Labour09/23/2026@EconDesk
Volkswagen Approves About 50,000 More Job Cuts in Its Future Plan 2030
Volkswagen Group2, Berliner Ring, Alt-Wolfsburg, Wolfsburg, Lower Saxony, 38440, Germany
Starts 09/03/2026CONFIRMED 83% CONFIDENCE20 days agoVolkswagen Group's^[1] press release dated 3 September 2026 says "Wolfsburg. Today, the Supervisory Board of the Volkswagen Group unanimously approved the Executive Board's Future Plan 2030", which includes "a Group-wide workforce adjustment of approximately 50,000 positions".
Volkswagen's supervisory board approved a group-wide cut of about 50,000 more positions, including management roles, on top of earlier programmes that bring planned job reductions to around 100,000 by 2030.
0.57

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