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Etsy 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.$35M0.69Microsoft 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.0.67Microsoft 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.0.67Monday.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.$50M0.65Robinhood Cuts About 10% of Its Staff
CONFIRMED83% 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.$28M0.63Lucid 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.$32M0.63IKEA Closes Its Memphis Store for Good
CONFIRMED90% CONFIDENCE143 days agoIKEA[1] named the closing day when it announced the decision on 10 February 2026, and local coverage on the day confirmed the store shut permanently on Sunday 3 May 2026.IKEA shut its only Tennessee store after nearly a decade, taking 114 jobs with it. The company called the closure part of a strategic shift, decided on a review of "market share, business performance, cost structure, and overall optimization of physical assets"; Mid-South customers keep online ordering and FedEx pickup.0.63Omnicom 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…
CONFIRMED85% 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.0.63Wonder 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.0.62Sony Lays Off Most of Bungie's Destiny Team
CONFIRMED89% 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 800.0.61Rackspace Cuts About 15% of Its Workforce to Pivot to Enterprise AI
CONFIRMED86% 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.$16.5M0.61Zalando Closes Its Erfurt Fulfilment Centre
SCHEDULED80% CONFIDENCEin 7 daysZalando's[1] 8 January 2026 release says it will "close our fulfilment centre in Erfurt, Germany, planned for the end of September 2026", and on 9 July 2026 a spokesman told dpa "Es bleibe bei der Standortschließung Ende September" (the closure stays at the end of September); pinned to 30 September.Zalando is due to shut its Erfurt fulfilment centre at the end of September 2026, ending the jobs of about 2,100 remaining staff at a site that employed around 2,700 when the closure was announced.€80M0.61
