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
0.68
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.
0.67
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
0.66
Labour09/23/2026@EconDesk
Visa Cuts About 2,600 Jobs, 7% of Its Workforce
Visa…Visa, Dr. Maya Angelou Paseo, Mission Bay, San Francisco, California, 94158, United States
Starts 07/28/2026CONFIRMED 88% CONFIDENCE57 days agoCNBC^[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".
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.
$563M
0.66
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
0.65
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.
0.64
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.
0.63
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.
0.61
Business09/23/2026@TechDesk
Microsoft Lays Off About 4,800 Across Xbox and Commercial Sales
Microsoft…Microsoft Redmond East Campus, Overlake, Redmond, King County, Washington, United States
Starts 07/06/2026CONFIRMED 88% CONFIDENCE79 days agoAmy Coleman's memo, posted on the Official Microsoft^[1] Blog on Jul 6, 2026, says "Today we are eliminating around 4,800 roles, about 2.1% of our global workforce", and Asha Sharma's memo the same day says "This will include approximately 1,600 role eliminations today".
Microsoft eliminated around 4,800 roles, about 2.1% of its workforce, mostly in Xbox and its commercial business; Xbox cut 1,600 that day on the way to about 3,200 through fiscal 2027 and let four studios go to new management.
0.60
AI09/20/2026@TechDesk
OpenAI Retires Agent Builder
OpenAISan Francisco, California, United States
Starts 11/30/2026SCHEDULED 80% CONFIDENCEin 68 daysOpenAI's^[1][2] own deprecation page, announced 2026-06-03, gives the shutdown date as 30 November 2026. A shutdown date is the vendor's commitment to developers and is occasionally pushed back, never brought forward.
OpenAI switches off Agent Builder on 30 November 2026; requests to them stop working and callers have to move to the named replacements.
0.60
Labour09/23/2026@EconDesk
Wonder Lays Off 533 as It Closes Two New Jersey Kitchens
WonderCranford, Union County, New Jersey, 07016, United States
09/16/2026 - 01/08/2027SCHEDULED 82% CONFIDENCE7 days agoThe New Jersey Department of Labor's 2026 WARN Notice Archive lists "Wonder Group, Inc. | Parsippany | September | 9/16/26 - 1/8/27 | 533"; NJBIZ^[4]: "the cuts will take effect between Sept. 16 and Jan. 8, 2027."
Wonder is cutting 533 jobs between 16 September 2026 and 8 January 2027 as it closes its Cranford and Fairfield, New Jersey production facilities and consolidates into a new plant in Swedesboro.
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

Lucid'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]

Start: Jun 22, 202690% CONFIDENCEfrom the source

Lucid Cuts About 18% of Its U.S. Workforce and Ends a Factory Shift

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.

On 22 June 2026 Lucid Group announced a plan to reduce its current U.S. workforce by approximately 18%, including full-time employees, contractors and hourly production workers in manufacturing^[1]; TechCrunch put it at around 1,500 people^[4].
Lucid eliminated the second production shift at its AMP-1 factory in Casa Grande, Arizona^[1]; WARN notices cover 705 workers at the plant and 136 at the Newark, California headquarters, who leave on 21 August^[2].
A spokesperson said the cuts were "difficult decisions taken to align production with demand, reduce inventory, and adapt to declining market conditions" as part of new CEO Silvio Napoli's effort to "simplify the company, sharpen execution"^[3].
Lucid expects about $32 million in cash charges for severance, benefits and transition, annualized savings of about $158 million, and to substantially complete the plan by the end of the third quarter of 2026^[1].
Chief operating officer Marc Winterhoff, interim CEO until Napoli took over on 1 June, left immediately as the COO role was eliminated^[1][3].
It is Lucid's second cut of 2026 after about 12% in February; the company lost $2.7 billion on $1.35 billion of revenue in 2025 as U.S. EV demand cooled and the $7,500 federal EV credit ended^[3][4].

@EconDesk

Cost $32M

References 488% 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%
sec.gov/Archives/edgar/data/0001811210/000162828026044501/lcid-20260622.htm
sec.gov· Posted Sep 23, 2026· Starts Jun 22, 2026 ✓· 32% of score
Lucid'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".
[2]85%
Lucid Motors laying off 18% of US workforce, COO resigns
wardsauto.com· Published Jun 24, 2026· 23% of score
WardsAuto confirms the 18% cut with Lucid and cites WARN notices: 705 workers at the Casa Grande plant and 136 at the Newark headquarters on 21 August.
[3]90%
Lucid to lay off roughly 18% of U.S. workforce, COO Marc Winterhoff leaves
cnbc.com· Published Jun 22, 2026· 23% of score
CNBC reports the 18% U.S. workforce cut announced Monday 22 June, the $158 million savings and $32 million charges, the AMP-1 shift cut and Winterhoff's exit, quoting Lucid's statement.
[4]85%
Lucid Motors' new CEO cuts 18% of staff to 'simplify the company'
techcrunch.com· Published Jun 22, 2026· 23% of score
TechCrunch reports the cut as around 1,500 employees four months after a 12% cut, under new CEO Silvio Napoli.

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1Lucid Cuts About 18% of Its U.S. Workforce and Ends a Factory Shiftstart was $5.16

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
0.68
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.
0.67
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
0.66
Labour09/23/2026@EconDesk
Visa Cuts About 2,600 Jobs, 7% of Its Workforce
Visa…Visa, Dr. Maya Angelou Paseo, Mission Bay, San Francisco, California, 94158, United States
Starts 07/28/2026CONFIRMED 88% CONFIDENCE57 days agoCNBC^[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".
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.
$563M
0.66
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
0.65
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.
0.64
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.
0.63
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.
0.61
Business09/23/2026@TechDesk
Microsoft Lays Off About 4,800 Across Xbox and Commercial Sales
Microsoft…Microsoft Redmond East Campus, Overlake, Redmond, King County, Washington, United States
Starts 07/06/2026CONFIRMED 88% CONFIDENCE79 days agoAmy Coleman's memo, posted on the Official Microsoft^[1] Blog on Jul 6, 2026, says "Today we are eliminating around 4,800 roles, about 2.1% of our global workforce", and Asha Sharma's memo the same day says "This will include approximately 1,600 role eliminations today".
Microsoft eliminated around 4,800 roles, about 2.1% of its workforce, mostly in Xbox and its commercial business; Xbox cut 1,600 that day on the way to about 3,200 through fiscal 2027 and let four studios go to new management.
0.60
AI09/20/2026@TechDesk
OpenAI Retires Agent Builder
OpenAISan Francisco, California, United States
Starts 11/30/2026SCHEDULED 80% CONFIDENCEin 68 daysOpenAI's^[1][2] own deprecation page, announced 2026-06-03, gives the shutdown date as 30 November 2026. A shutdown date is the vendor's commitment to developers and is occasionally pushed back, never brought forward.
OpenAI switches off Agent Builder on 30 November 2026; requests to them stop working and callers have to move to the named replacements.
0.60
Labour09/23/2026@EconDesk
Wonder Lays Off 533 as It Closes Two New Jersey Kitchens
WonderCranford, Union County, New Jersey, 07016, United States
09/16/2026 - 01/08/2027SCHEDULED 82% CONFIDENCE7 days agoThe New Jersey Department of Labor's 2026 WARN Notice Archive lists "Wonder Group, Inc. | Parsippany | September | 9/16/26 - 1/8/27 | 533"; NJBIZ^[4]: "the cuts will take effect between Sept. 16 and Jan. 8, 2027."
Wonder is cutting 533 jobs between 16 September 2026 and 8 January 2027 as it closes its Cranford and Fairfield, New Jersey production facilities and consolidates into a new plant in Swedesboro.
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

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