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Lucid 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.$32M0.71Rackspace 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.$16.5M0.69Uber 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.0.68Monday.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.$50M0.67Omnicom 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.0.66Visa 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.$563M0.64Robinhood 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.$28M0.64Microsoft 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.0.63Zillow Lays Off Just Over 500 Employees
1301, 2nd Avenue, West Edge, Belltown, Seattle, King County, Washington, 98101, United StatesZillow…
CONFIRMED87% 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.0.63Microsoft 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.0.62Apple 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.0.62IKEA 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.0.61
