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Microsoft to cut 18,000 jobs in the next year
CONFIRMED90% 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.0.67Volkswagen Approves About 50,000 More Job Cuts in Its Future Plan 2030
CONFIRMED83% 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 2030.0.64Etsy Cuts About 12% of Its Workforce
CONFIRMED91% 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.$35M0.61Monday.com Cuts About 20% of Its Workforce to Rebuild Around AI
CONFIRMED84% 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.$50M0.60Jaguar Land Rover to Cut About 4,000 Jobs Over Two Years
CONFIRMED83% 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.0.60Lucid Cuts About 18% of Its U.S. Workforce and Ends a Factory Shift
CONFIRMED88% 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.$32M0.59Visa Cuts About 2,600 Jobs, 7% of Its Workforce
CONFIRMED88% 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.$563M0.59December Jobs Report Sets the Year-End US Unemployment Rate
Postal Square Building, Bureau of Labor Statistics, 2 Massachusetts Ave NE, Washington, DCBureau of Labor Statistics
SCHEDULED81% CONFIDENCEin 107 daysThe BLS[2] Employment Situation schedule puts the December 2026 report on January 8, 2027 at 8:30 a.m. ET, and Kalshi[1] closes its year-end unemployment market at 13:29 UTC that morning.KalshiThe BLS Employment Situation report for December 2026, out at 8:30 a.m. ET on January 8, 2027, fixes the unemployment rate the year closes on. On 20 September 2026 Kalshi had U-3 above 4.0% at 81% but only 5% above 5.0%, so traders expected a labour market that has loosened without cracking.0.59Microsoft Lays Off About 4,800 Across Xbox and Commercial Sales
CONFIRMED88% 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.0.58Wonder Lays Off 533 as It Closes Two New Jersey Kitchens
SCHEDULED82% 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.0.58Uber Cuts About 10% of Its Workforce
CONFIRMED88% 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.0.58Apple Cuts 200+ Jobs in Vision Pro and Siri Teams
CONFIRMED85% 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.0.58
