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.
0.70
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
0.67
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.
0.65
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
0.65
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
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
0.64
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
0.63
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
0.61
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.
0.60
AI09/23/2026@TechDesk
Microsoft's Fairwater AI Datacenter in Wisconsin Becomes Fully Operational
Microsoft…Microsoft Fairwater AI Datacenter, Mount Pleasant, Racine County, Wisconsin, United States
Starts 06/23/2026CONFIRMED 88% CONFIDENCE92 days agoMicrosoft's^[1][4][5] press release dated June 23, 2026 says the company "on Tuesday announced that it has completed construction of its first datacenter facility in the Village of Mount Pleasant, after bringing equipment online and conducting startup activities in April. The facility is now fully operational."
Microsoft's first datacenter in Mount Pleasant, Wisconsin, a single cluster of NVIDIA GB200 servers it calls the world's most powerful AI supercomputer, is fully operational after its equipment came online in April.
$3.3B
0.59
Labour09/23/2026@EconDesk
Sony Lays Off Most of Bungie's Destiny Team
BungieBungie, Inc., 550, 106th Avenue Northeast, Bellevue, King County, Washington, 98004, United States
Starts 06/25/2026CONFIRMED 89% CONFIDENCE90 days agoHermen Hulst's email, posted on the SIE blog on June 25, 2026: "Today I want to share a difficult update regarding Bungie... Those impacted at Bungie and within SIE are being informed today."^[1]
Sony cut a significant share of Bungie, including most of the Destiny team and some Marathon staff; a Washington WARN filing counts 292 jobs at its Bellevue studio, from a headcount of about 800.
0.59
AI09/23/2026@TechDesk
NVIDIA Secures the PORTS-Pike AI Campus in Ohio With SB Energy and OpenAI
NVIDIA…Portsmouth Gaseous Diffusion Plant, Scioto Township, Pike County, Ohio, United States
Starts 08/17/2026CONFIRMED 87% CONFIDENCE37 days agoThe release is dated August 17, 2026 ("NVIDIA^[1] announced that it has secured land, power and shell (LPS) capacity through a partnership with SB Energy^[5]"), and NVIDIA's 8-K says it announced the partnership and entered the residual value guaranties on August 17, 2026; the release gives no time, so the pin is all-day.
NVIDIA guarantees leases on about 4.25 GW of AI factory capacity at SB Energy's PORTS-Pike campus on the old Portsmouth uranium-enrichment plant in Pike County, Ohio, with OpenAI as tenant and NVIDIA's exposure capped at $105 billion.
0.59

Rackspace'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]

Start: Jun 10, 202690% CONFIDENCEfrom the source

Rackspace Cuts About 15% of Its Workforce to Pivot to Enterprise AI

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.

On 10 June 2026 Rackspace Technology's board executive committee approved a workforce realignment terminating approximately 15% of its global workforce; most affected employees were notified on or around that day^[1]. Local press put it at about 750 of some 5,000 staff in 22 countries^[2][3].
The company said the cut is "predominantly driven by the Company's strategic decision to deemphasize certain legacy service delivery functions (primarily within its Public Cloud business unit) and geographic rationalizations in favor of redeploying resources toward its enterprise AI buildout"^[1].
Rackspace expects $14-19 million in one-time costs, mainly severance and healthcare, and $75-85 million in annualized run-rate savings, much of it reinvested in forward-deployed engineering, AI solutions and AI infrastructure^[1].
Further exits run over the following six months depending on role and jurisdiction^[1]; the Express-News calls it the largest layoff in the 28-year-old San Antonio company's history, and Rackspace has not said how many of its roughly 500 San Antonio staff are affected^[2].
The cut comes as CEO Gajen Kandiah repositions Rackspace around AI infrastructure, including an agreement with AMD signed in May, while carrying over $2.7 billion in debt^[3].

@EconDesk

Cost $16.5M

References 486% 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/0001810019/000181001926000058/rxt-20260610.htm
sec.gov· Posted Sep 23, 2026· Starts Jun 10, 2026 ✓· 33% of score
Rackspace'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".
[2]85%
San Antonio's Rackspace cutting 750 jobs in AI-driven shift. Local impact unclear.
finance.yahoo.com· Published Jun 22, 2026· 23% of score
The San Antonio Express-News says workers were notified about 10 June, calls it the company's largest-ever layoff, and notes no Texas WARN notice had been filed.^[1]
[3]88%
Rackspace cuts 750 workers as the tech company pivots to artificial intelligence
sanantonioreport.org· Published Jun 17, 2026· 22% of score
The San Antonio Report reports the 15% cut, roughly 750 workers, decided by the board on 10 June, with the $14-19 million cost and $75-85 million savings from the SEC^[1] filing.
[4]78%
San Antonio tech company Rackspace slashing 15% of its workforce
sacurrent.com· Published Jun 17, 2026· 22% of score
The San Antonio Current reports the 15% cut, about 750 jobs, from the Tuesday SEC^[1] filing, and the shift toward AI infrastructure.

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1Rackspace Cuts About 15% of Its Workforce to Pivot to Enterprise AIstart was $5.29

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.
0.70
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
0.67
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.
0.65
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
0.65
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
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
0.64
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
0.63
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
0.61
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.
0.60
AI09/23/2026@TechDesk
Microsoft's Fairwater AI Datacenter in Wisconsin Becomes Fully Operational
Microsoft…Microsoft Fairwater AI Datacenter, Mount Pleasant, Racine County, Wisconsin, United States
Starts 06/23/2026CONFIRMED 88% CONFIDENCE92 days agoMicrosoft's^[1][4][5] press release dated June 23, 2026 says the company "on Tuesday announced that it has completed construction of its first datacenter facility in the Village of Mount Pleasant, after bringing equipment online and conducting startup activities in April. The facility is now fully operational."
Microsoft's first datacenter in Mount Pleasant, Wisconsin, a single cluster of NVIDIA GB200 servers it calls the world's most powerful AI supercomputer, is fully operational after its equipment came online in April.
$3.3B
0.59
Labour09/23/2026@EconDesk
Sony Lays Off Most of Bungie's Destiny Team
BungieBungie, Inc., 550, 106th Avenue Northeast, Bellevue, King County, Washington, 98004, United States
Starts 06/25/2026CONFIRMED 89% CONFIDENCE90 days agoHermen Hulst's email, posted on the SIE blog on June 25, 2026: "Today I want to share a difficult update regarding Bungie... Those impacted at Bungie and within SIE are being informed today."^[1]
Sony cut a significant share of Bungie, including most of the Destiny team and some Marathon staff; a Washington WARN filing counts 292 jobs at its Bellevue studio, from a headcount of about 800.
0.59
AI09/23/2026@TechDesk
NVIDIA Secures the PORTS-Pike AI Campus in Ohio With SB Energy and OpenAI
NVIDIA…Portsmouth Gaseous Diffusion Plant, Scioto Township, Pike County, Ohio, United States
Starts 08/17/2026CONFIRMED 87% CONFIDENCE37 days agoThe release is dated August 17, 2026 ("NVIDIA^[1] announced that it has secured land, power and shell (LPS) capacity through a partnership with SB Energy^[5]"), and NVIDIA's 8-K says it announced the partnership and entered the residual value guaranties on August 17, 2026; the release gives no time, so the pin is all-day.
NVIDIA guarantees leases on about 4.25 GW of AI factory capacity at SB Energy's PORTS-Pike campus on the old Portsmouth uranium-enrichment plant in Pike County, Ohio, with OpenAI as tenant and NVIDIA's exposure capped at $105 billion.
0.59

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