Who Cut Jobs When: A Register of Major U.S. Layoffs, 2025 to 2026

Netflix announced roughly 1,000 job cuts

Netflix said it would lay off roughly 6% of its employees, or roughly 1,000 workers. The greatest impact was to product, technology, legal and HR teams.

• CNBC · Oct 14, 2026 · Netflix said on Wednesday it will lay off roughly 6% of its employees, or roughly 1,000 workers, according to a memo obtained by CNBC.
• Variety · Oct 14, 2026 · We wanted to share that we are making a number of organizational changes and, as a result, we’ll be letting go of roughly 6% of our colleagues, with the greatest impact to our product, tech, legal, and HR teams.

Editor's note: Both cited pages report that Netflix planned to cut roughly 6% of its workforce, or about 1,000 employees, with the largest impact on product, technology/tech, legal, and HR teams. Both place the announcement on October 14, 2026.

HubSpot planned to cut nearly 660 jobs, about 7% of its workforce

HubSpot announced a reduction of about 7% of its workforce. The company said the reduction would affect nearly 660 employees.

• HubSpot · Oct 6, 2026 · We have decided to reduce the size of our team by ~7% and will be saying goodbye to nearly 660 HubSpotters.

Editor's note: The cited HubSpot page, updated October 6, 2026, states that the company would reduce its team by approximately 7% and say goodbye to nearly 660 employees.

Fair Isaac Corporation planned to eliminate about 15% of positions

Fair Isaac Corporation disclosed a plan to eliminate approximately 15% of positions across the company. Reuters estimated that the reduction could affect about 570 workers based on the company's September 2025 headcount of 3,811.

• Fair Isaac Corporation, Form 8-K · Oct 6, 2026 · This plan involves the elimination of approximately 15% of positions across the Company.
• Reuters · Oct 6, 2026 · Fair Isaac had 3,811 employees at the end of September 2025, meaning the cuts could affect about 570 workers.

Editor's note: Date corrected from 2026-10-06 to 2026-10-01. Both cited pages support the workforce reduction of approximately 15% and Reuters’ estimate of about 570 affected workers based on 3,811 employees at the end of September 2025. The filing says management committed to the plan on October 1, 2026; it was filed and Reuters reported it on October 6.

Foghorn Therapeutics announced an approximately 40% workforce reduction

Foghorn Therapeutics said it was reducing its workforce by about 40 percent after it and Eli Lilly decided not to advance FHD-909 into the clinical development expansion phase. Foghorn said the drug was generally safe but that its novel approach had not delivered the effectiveness needed to continue.

• Foghorn Therapeutics SEC Exhibit 99.1 · Oct 1, 2026 · “Foghorn and Lilly have decided not to advance the program into the clinical development expansion phase.”
• Reuters · Oct 1, 2026 · “Foghorn said FHD-909 was generally safe, but its novel cancer-fighting approach did not deliver the effectiveness required to continue development.”

Editor's note: Repaired in review: the SEC-filed release carries the 40 percent reduction and the FHD-909 decision, and the second source carries the efficacy statement. The claims that the cuts would leave about 65 employees and complete in the fourth quarter were dropped, because neither cited page states them.

Covenant Aviation Security filed notice affecting 1,279 workers

Covenant Aviation Security filed a WARN notice reporting 1,279 affected employees in San Francisco, a permanent layoff with an effective date of November 30, 2026.

• LayoffTracker · Covenant Aviation Security LLC filed a WARN notice reporting 1,279 affected employees at its San Francisco, California location in November 2026.
• SFGATE · Sep 30, 2026 · The transition triggered a Monday WARN filing with state employment officials, noting that 1,279 CAS employees were to be permanently laid off by Nov. 30.
• KRON4, republished by AOL · Sep 29, 2026 · According to a WARN notice filed Tuesday with the California Employment Development Department, the company will be laying off 1,279 workers permanently, effective November 30, 2026.

Editor's note: Editor: dropped a sentence attributing the permanence and the effective date to SFGATE and KRON4; the cited page carries the notice date, the headcount and the November 30 effective date itself.

FirstFruits, LLC filed a Washington WARN notice for 1,200 workers

FirstFruits, LLC filed a WARN Act notice with Washington for its Prescott facility, reporting 1,200 affected workers with an effective date of November 18, 2026.

• WARNScan · Sep 28, 2026 · On September 28, 2026, FirstFruits, LLC filed a WARN Act notice with the state of Washington, reporting a planned warn at their Prescott facility.
• LayoffTracker · FirstFruits LLC filed a WARN notice reporting 1,200 affected employees at its Prescott, Washington location in November 2026.

Editor's note: Editor: dropped a sentence crediting a LayoffTracker entry, which the cited page does not mention. Washington's own ESD WARN list loads its notices through a dashboard the fetcher cannot read, so the entry cites the aggregator that records the filing; the filing date, location, headcount and effective date are all on it.

Gebbers Farms, Etal filed a Washington WARN notice for 3,445 workers

Gebbers Farms, Etal filed a WARN Act notice with Washington for its Brewster facility, reporting about 3,445 affected workers with an effective date of November 25, 2026.

• WARNScan · Sep 25, 2026 · On September 25, 2026, Gebbers Farms, Etal filed a WARN Act notice with the state of Washington, reporting a planned warn at their Brewster facility.
• LayoffTracker · Gebbers Farms, Etal filed a WARN notice reporting 3,445 affected employees at its Brewster, Washington location in November 2026.

Editor's note: Editor: dropped a sentence crediting a LayoffTracker entry, which the cited page does not mention. Washington's own ESD WARN list loads its notices through a dashboard the fetcher cannot read, so the entry cites the aggregator that records the filing; the filing date, location, headcount and effective date are all on it.

Cambium Networks cut 260 employees globally

Cambium Networks Corporation reduced its global workforce by 260 employees, effective immediately. The reduction represented 53.6% of the company's total global workforce.

• U.S. Securities and Exchange Commission / Cambium Networks Form 8-K · Sep 14, 2026 · On September 11, 2026, the Company reduced its workforce by 260 employees globally, or 53.6% of the Company’s total global workforce, effective immediately.

Editor's note: The Form 8-K states that on September 11, 2026, Cambium Networks reduced its workforce by 260 employees globally, representing 53.6% of its total global workforce, effective immediately. The quoted text appears on the page.

Legendary Fruit Co filed notice for 1,220 temporary layoffs

Legendary Fruit Co filed a Washington WARN notice affecting 1,220 workers in Yakima and Wapato. The notice classified the action as temporary and listed 2026-11-10 as the layoff start date.

• Washington State Employment Security Department · Legendary Fruit Co | Yakima, Wapato | 11/10/2026 | 1220 | Layoff | Temporary | 9/10/2026.
• WARNScan · The notice indicates that approximately 1,220 workers will be affected with an effective date of November 10, 2026.

Editor's note: The page lists Legendary Fruit Co in Yakima and Wapato, with 1,220 workers affected by a temporary layoff. It gives a layoff start date of 2026-11-10 and a received date of 2026-09-10.

Sionna Therapeutics cut approximately 46% of its workforce

Sionna Therapeutics approved a restructuring that reduced its workforce by approximately 46%. The company retained clinical, regulatory, technical, and corporate capabilities for its dual combination program.

• U.S. Securities and Exchange Commission / Sionna Therapeutics Form 8-K · Sep 14, 2026 · The Restructuring includes a reduction of the Company’s workforce by approximately 46%, retaining core clinical, regulatory, technical, and corporate capabilities required to advance the dual combination program.

Editor's note: The Form 8-K states that on September 9, 2026, the Board approved the restructuring, including an approximately 46% workforce reduction. It uses the quoted language verbatim and says the retained capabilities support the dual combination program.

University of Utah projected 285 to 855 staff-position reductions

The University of Utah projected that its approximately 5,700-person non-faculty and non-clinical workforce would shrink by 285 to 855 positions over the following year. The cuts were reported to affect advancement, human resources and finance, information technology, marketing and communications, and administrative support.

• University of Utah · Sep 8, 2026 · At the same time, university leaders expect the U’s approximately 5,700-person, non-faculty and non-clinical (health care) workforce to become smaller over the next year — by 5 to 15%, or 285 to 855 positions — as work is consolidated, simplified or eliminated.
• Utah News Dispatch · Sep 9, 2026 · The staff cuts will be made in the Office of Advancement, human resources and finance, information technology, marketing and communications, and administrative support, Rebecca Walsh, a spokesperson for the University of Utah said in an email.

Editor's note: Source 1 states the approximately 5,700-person non-faculty, non-clinical workforce was expected to shrink by 285 to 855 positions over the next year. Source 2 identifies the listed affected functions; Source 1 is dated September 8, 2026.

CVD Equipment cut approximately half of its workforce

CVD Equipment Corporation reduced its workforce by approximately half. The remaining workforce was to manufacture the equipment backlog, satisfy warranty obligations, and support spare-parts, quartz, and services operations.

• U.S. Securities and Exchange Commission / CVD Equipment Form 8-K · Sep 10, 2026 · In connection with the Restructuring Plan, the Company is reducing its workforce by approximately half, to a level necessary to manufacture its remaining equipment backlog, satisfy warranty obligations, and support its ongoing spare parts, quartz, and services business.

Editor's note: The filing states that on September 3, 2026, the Board committed to the restructuring plan, and that the Company was reducing its workforce by approximately half. It also states that the remaining workforce would support the equipment backlog, warranty obligations, and spare parts, quartz, and services business.

The Trade Desk announced a workforce reduction of about 15%

The Trade Desk announced a plan to eliminate positions and reduce its total workforce by approximately 15%. Using its December 2025 headcount of 3,843 full-time employees, the reduction represented roughly 575 jobs.

• U.S. Securities and Exchange Commission / The Trade Desk Form 8-K · Sep 4, 2026 · “The plan includes the elimination of positions and decreasing the Company’s total workforce by approximately 15% and will be substantially completed during the third quarter of 2026.”
• CFO Dive · Sep 8, 2026 · “As of Dec. 31, TTD had 3,843 fulltime employees, according to its 10-K filing.”

Editor's note: Editor: the 8-K supports the 15 percent cut; CFO Dive supports the 3,843 headcount from the 10-K

Campbell’s reduced its salaried workforce by about 13%

The Campbell’s Company said it reduced its salaried workforce by approximately 13% through voluntary early retirements and involuntary reductions. The company said workforce reductions were among actions underway alongside plant closures.

• The Campbell’s Company · Sep 3, 2026 · “Several actions are already underway, including plant closures and recently completed workforce reductions.”
• MarketBeat · Sep 3, 2026 · “Specifically, through a voluntary early retirement program and involuntary reductions, we reduced our salaried workforce by approximately 13%.”

Editor's note: Editor: the press release confirms completed workforce reductions; the Q4 call transcript gives the 13 percent salaried figure

Conifer Health Solutions notified Texas of 1,037 layoffs

Conifer Health Solutions notified the Texas Workforce Commission that 1,037 employees would be affected by layoffs. Layoffs were scheduled to begin on 2026-11-02 after Conifer's service relationship with CommonSpirit Health ended.

• Fierce Healthcare · Sep 10, 2026 · The layoffs are set to begin on Nov. 2, according to the WARN filing, and involve workers who report to Tenet’s corporate headquarters in Dallas.
• Becker’s Hospital Review · Sep 10, 2026 · According to a WARN notice filed with the Texas Workforce Commission on Sept. 2, 1,037 employees will be affected by the layoffs.

Editor's note: The page says Conifer planned to permanently lay off 1,037 employees under a Texas Workforce Commission WARN filing, with layoffs beginning November 2, 2026, because it would no longer provide services to CommonSpirit after October 30, 2026. It does not state that the notification occurred on 2026-09-02.

Uber: 3,300 jobs, 10% of staff, to strip out management layers

Dara Khosrowshahi told employees Uber had grown too complex; the company cut 20 percent of manager roles, halved the number of one- and two-person teams, removed anyone more than seven layers below the CEO, ended nearly all remote work and exited Nigeria and Uganda, its largest cut since the pandemic.

• TechCrunch · Sep 2, 2026 · According to the email, the layoffs are part of a restructuring exercise that would shrink the number of managers by 20%, and some personnel in these roles would work as individual contributors going forward.
• San Francisco Chronicle · Sep 17, 2026 · Uber plans to eliminate 390 jobs at four Bay Area offices as part of its previously announced 3,300-job global workforce reduction.

HCA Healthcare: more than 200 IT and support jobs in Nashville, with work moving to India

The hospital operator, with 190 hospitals and over 300,000 employees, cut more than 200 local information-technology and support jobs, not its first of 2026, after a July earnings call that put the cost of expired Affordable Care Act premium credits at about $400 million in the second quarter, and as it expanded offshoring to Hyderabad.

• Nashville Banner · Sep 2, 2026 · HCA Healthcare, Nashville’s largest publicly traded company, cut more than 200 jobs locally from its information technology staff and support systems on Tuesday.

Challenger recorded 43,281 announced job cuts in September

Challenger, Gray & Christmas recorded 43,281 announced U.S. job cuts in September, bringing the year-to-date total to 573,195. It recorded artificial intelligence as the fifth-most-cited reason for September cuts, with 3,961 cuts attributed to it.

• Challenger, Gray & Christmas · Oct 1, 2026 · “Artificial Intelligence was the fifth-most cited reason with 3,961 cuts in September, about 9% of the month’s total.”

Editor's note: The page states that U.S.-based employers announced 43,281 job cuts in September and 573,195 through September. It also states that artificial intelligence was the fifth-most cited reason, with 3,961 cuts (about 9% of the monthly total).

AT&T said its headcount will be lower in five years

AT&T CTO Jeremy Legg said AT&T would not have the same headcount in five years as it had at the time of the statement. He said comparisons with peer staffing levels played a role in the company's decision-making.

• WIRED · Sep 23, 2026 · “We’re not going to have the same headcount in five years as we do today,” Legg says, adding that comparing its staffing levels to that of peers plays a role in its decisionmaking.

Editor's note: The article contains the quoted statement from AT&T CTO Jeremy Legg and says peer staffing comparisons play a role in decisionmaking. The readable page text does not provide a publication or event date that verifies the stated 2026-09 date.

Oracle began a further unquantified layoff round

Reports said some Oracle Corporation teams faced workforce reductions of more than 10%, while Oracle had not disclosed the number of affected workers. Oracle's management supplemented its 2026 restructuring plan by approximately $700 million after August 31, 2026, for additional expected actions.

• Reuters via The Economic Times · Sep 15, 2026 · Some teams were facing workforce reductions of more than 10%, according to multiple reports.
• TechRadar · Sep 15, 2026 · While the company hasn't disclosed how many workers are likely to be affected, independent market researcher Amanda Goodall estimates that anywhere between 5,000 and 8,000 employees could be cut.
• U.S. Securities and Exchange Commission / Oracle Form 10-Q · Sep 11, 2026 · Subsequent to August 31, 2026, our management supplemented the 2026 Restructuring Plan by approximately $700 million to reflect additional actions that we expect to take.

Editor's note: The cited reports support a new Oracle layoff round, reductions exceeding 10% for some teams, and the lack of a disclosed affected-worker total. Oracle’s filing also states that management added approximately $700 million to the 2026 Restructuring Plan after August 31, 2026.

T-Mobile: more store closures and 77 Washington layoffs as it goes digital-first

Washington state WARN notices showed T-Mobile closing six stores and a corporate office and permanently cutting 77 jobs between September 21 and November 18, the latest in a rolling series of closures and headcount reductions as the carrier pushes customers to its T-Life app; Fast Company compiled the list of affected locations nationwide.

• The Spokesman-Review · Aug 27, 2026 · T-Mobile is set to shutter stores in Tacoma and multiple other cities across Western Washington this fall and will lay off a total of 77 employees, according to the Washington Employment Security Department.

Apple: more than 200 jobs across Vision Pro, Siri and software teams

Apple cut about 100 roles in the Vision Products Group, largely closing a Vision Pro gaming team and shrinking immersive video, and around 100 more in Siri and software engineering, one of its few layoffs of the AI era, telling staff they could apply for other roles.

• 9to5Mac · Aug 21, 2026 · All told, the company has cut more than 200 jobs across teams working on Vision Pro, Siri, and software engineering.

Challenger recorded 52,881 announced August job cuts

Challenger, Gray & Christmas recorded 52,881 announced U.S. job cuts in August. The figure was 58% higher than the 33,429 cuts announced in July.

• Challenger, Gray & Christmas · Sep 2, 2026 · “U.S.-based employers announced 52,881 job cuts in August, up 58% from the 33,429 cuts announced in July.”

Editor's note: The page states that U.S.-based employers announced 52,881 job cuts in August, up 58% from 33,429 in July. It also describes August figures for 2026, supporting the node date.

International Motors filed notice for 1,341 Springfield jobs to end

International Motors filed an Ohio WARN notice covering about 1,341 jobs, 1,314 at its Springfield Assembly Plant and 27 at its Truck Specialty Center, to end with the sale of the facilities to Roshel. The notice said the sale was expected to close on October 2, 2026, with the terminations effective that date.

• Ohio Department of Job and Family Services WARN notice · Jul 28, 2026 · “The Sale is expected to close on October 2, 2026 (the “Sale Closing Date”).”
• Associated Press via ABC News · Oct 3, 2026 · “His broad tariffs failed to boost demand and the plant's former owner, International Motors, chose to offload the facility.”

Editor's note: Repaired in review: the WARN notice carries the headcounts, the October 2 closing and the termination date. A later wire report of the layoffs having happened was dropped from the summary, because neither cited page states it.

Visa: about 2,600 jobs, 7% of the company, in technology and product

CEO Ryan McInerney's memo said the cuts would fund reinvestment in consumer payments, commercial and money-movement products and value-added services including stablecoins, with AI streamlining routine work but not the sole reason; Mastercard had cut 4 percent and Block 40 percent earlier in the year.

• Quartz · Jul 28, 2026 · Visa $V is eliminating roughly 2,600 jobs, or about 7% of its total workforce, as Chief Executive Officer Ryan McInerney moves to make the payments company more competitive.

Disney: a third round of 2026 cuts across ESPN, Pixar and National Geographic, after 1,000 in April

Under new CEO Josh D'Amaro, Disney notified hundreds more employees, with about 150 at Pixar and just under 100 in Disney Entertainment Television including ABC News, following a January marketing consolidation and an April reduction of roughly 1,000 across marketing, studios, networks, ESPN and corporate groups.

• HR Executive · Jul 21, 2026 · This is Disney’s third major round of layoffs this year under CEO Josh D’Amaro, following a January marketing consolidation and an April reduction of roughly 1,000 employees.

Samsung: 739 New Jersey roles hit as the U.S. consumer unit moves to Texas

Samsung Electronics America told Reuters that 739 positions at its Englewood Cliffs headquarters were affected by the move to Plano, with some staff offered relocation, after an enterprise-wide reduction in force notified on June 30 that also let go about 100 in Texas.

• CNBC (Reuters) · Jul 19, 2026 · The South Korean tech giant said on Sunday in a statement to Reuters that 739 roles in Englewood Cliffs, New Jersey, have been affected by plans by Samsung Electronics America (SEA) — which is focused on consumer electronics and does not include chips — to move its headquarters to Texas.

Microsoft: 4,800 jobs, 2.1% of staff, with Xbox losing a fifth of its people

After a voluntary retirement programme Microsoft eliminated 4,800 jobs immediately, with Xbox cutting 3,200 in total, half at once and half through fiscal 2027, and spinning off four studios, as the stock trailed its megacap peers on AI spending. It was Microsoft's fourth large round in fourteen months.

• CNBC · Jul 6, 2026 · Microsoft said Monday it is immediately eliminating 4,800 jobs, representing 2.1% of its workforce, in the software giant's latest effort to cut costs in the era of artificial intelligence.

Walmart: about 1,000 technology and product roles cut or relocated

Walmart combined its global technology and product design groups with those of Sam's Club and international markets into one platform, eliminating or relocating about 1,000 corporate roles to Bentonville or Northern California, and told the Wall Street Journal the cuts were organisational simplification rather than AI replacing jobs.

• HR Executive · May 12, 2026 · Walmart told WSJ the layoffs are not a direct result of AI replacing jobs, framing the move as organizational simplification.

Nike: about 1,400 roles, mostly in technology, after 775 in January

COO Venkatesh Alagirisamy's note tied the cuts to the Win Now turnaround: reshaping the technology team, modernising Air manufacturing, moving some Converse operations and folding materials work into the footwear and apparel supply chain, following cuts of 775 in January 2026 and under 1 percent in August 2025.

• CNBC · Apr 23, 2026 · Nike announced a new round of layoffs Thursday affecting approximately 1,400 employees across the organization, mostly concentrated in its technology department.

Snap: 1,000 jobs, 16% of staff, with AI cited in the memo

Evan Spiegel's memo, filed with the SEC, said rapid advances in AI let small squads do more and that the cuts plus 300 closed openings would take more than $500 million off annual costs by the second half of 2026 on the way to net-income profitability. Snap had 5,261 employees at the end of 2025.

• TechCrunch · Apr 15, 2026 · Snap is laying off roughly 16% of its global workforce, impacting around 1,000 full-time employees, according to a memo sent to staff from Snap CEO Evan Spiegel on Wednesday.

Oracle: thousands of jobs cut by 6 a.m. email as AI data-centre spending squeezes cash

Oracle began telling employees their roles were eliminated as part of a broader organisational change, with the cuts in the thousands, as its stock fell 25 percent in the year on capital commitments for AI infrastructure; TD Cowen had estimated that cutting 20,000 to 30,000 of its 162,000 staff would free $8 to $10 billion of cash flow. Its annual report later showed headcount down to about 141,000.

• CNBC · Mar 31, 2026 · Oracle has started telling employees that it's cutting thousands of jobs, CNBC has confirmed, as the software maker deals with a plummeting stock price tied to hefty capital commitments for building out AI infrastructure.

Washington Post: a third of the staff, the sports desk and books section gone

At Jeff Bezos's direction the Post cut more than 300 people, about a third of its workforce, eliminating the sports department and books section, shrinking local and foreign coverage and suspending its daily podcast, the deepest cut in the paper's modern history.

• OPB · Feb 4, 2026 · The Washington Post moved Wednesday at the behest of owner Jeff Bezos to cut a third of its entire workforce.

Mastercard: 4% of full-time staff, about 1,400 people, after a strategic review

CFO Sachin Mehra said on the fourth-quarter call that Mastercard would cut about 4 percent of its global full-time workforce following a business review, taking a restructuring charge of nearly $200 million in the first quarter; Visa followed with a 7 percent cut in July.

• People Matters (Reuters) · Jan 29, 2026 · Mastercard will lay off about 4% of its global full-time workforce following a review of its business, the payments company’s chief financial officer said on Thursday.

Challenger recorded 108,435 announced January job cuts

Challenger, Gray & Christmas reported 108,435 announced job cuts by U.S.-based employers in January 2026. The total was 118% above the 49,795 cuts announced in January 2025.

• Challenger, Gray & Christmas · Feb 5, 2026 · U.S.-based employers announced 108,435 job cuts in January, an increase of 118% from the 49,795 cuts announced in the same month last year.

Editor's note: The page states that U.S.-based employers announced 108,435 job cuts in January, 118% above the 49,795 announced in the same month the prior year. The report concerns January 2026, as indicated by its comparison to October and December 2025 and its 2026 outlook.

HP: 4,000 to 6,000 jobs by fiscal 2028, with AI named as the tool

HP said product development, internal operations and customer support would shrink by 4,000 to 6,000 roles by fiscal 2028 under a plan to adopt AI across the company, targeting about $1 billion of annual savings, after 1,000 to 2,000 cuts in February under an earlier plan.

• CNN Business (Reuters) · Nov 25, 2025 · HP Inc said on Tuesday it expects to cut between 4,000 and 6,000 jobs globally by fiscal 2028 as part of a plan to streamline operations and adopt artificial intelligence to speed up product development, improve customer satisfaction and boost productivity.

Verizon: more than 13,000 jobs, its largest single layoff

New CEO Dan Schulman told employees Verizon would cut more than 13,000 positions, mostly in the U.S., and sharply reduce outsourced labour, after nearly 20,000 cuts over the previous three years, with a $20 million transition fund framed around skills for the age of AI. Verizon said the cuts were not the result of its own AI use.

• CNBC · Nov 20, 2025 · U.S. wireless carrier Verizon said Thursday it will cut more than 13,000 jobs in its largest single layoff as it works to shrink costs and restructure operations.

Paramount Skydance: about 1,000 jobs, the first of 2,000 promised after the merger

Months after David Ellison's Skydance closed its takeover, Paramount began cutting roughly 1,000 jobs, about 10 percent of its workforce over the full 2,000-role plan, toward more than $2 billion of promised cost synergies, on top of rounds before the deal closed.

• CNBC · Oct 29, 2025 · Paramount Skydance is slashing nearly 1,000 jobs beginning on Wednesday, just months after the close of its merger, according to a person close to the situation.

Target: 1,800 corporate roles, its first major layoff in a decade

Incoming CEO Michael Fiddelke told headquarters staff that about 1,000 employees would be laid off and 800 open positions closed, roughly 8 percent of the corporate workforce, after four years of flat sales and a share price down 65 percent from its 2021 high.

• CNBC · Oct 23, 2025 · Target said Thursday that it's cutting 1,800 roles across the company, or roughly 8% of its corporate workforce.

Challenger recorded 153,074 announced October job cuts

Challenger, Gray & Christmas reported 153,074 announced job cuts by U.S.-based employers in October 2025. The total was 175% above the 55,597 cuts announced in October 2024.

• Challenger, Gray & Christmas · Nov 6, 2025 · CHICAGO, November 6, 2025 – U.S.-based employers announced 153,074 job cuts in October, up 175% from the 55,597 cuts announced in October 2024.

Editor's note: The report states that U.S.-based employers announced 153,074 job cuts in October 2025, up 175% from 55,597 in October 2024. It is dated November 6, 2025 and identifies the reporting month as October 2025.

Starbucks: 900 more non-retail jobs and roughly 400 store closures in a $1 billion restructuring

The second round under Niccol removed 900 non-retail roles and closed open positions, and the company said its North American company-operated store count would fall about 1 percent in fiscal 2025 as underperforming coffeehouses closed, with 90 percent of the $1 billion charge in North America.

• CNBC · Sep 25, 2025 · Starbucks announced a $1 billion restructuring plan Thursday that involves closing some of its North American coffeehouses and laying off more workers.

Accenture: more than 11,000 people exited in a quarter, those who could not be reskilled for AI

CEO Julie Sweet said Accenture was exiting on a compressed timeline people for whom reskilling was not a viable path, having cut over 11,000 in the quarter to August 31 under an $865 million restructuring charge, while hiring for generative-AI work; the consulting firm framed AI capacity as the reason.

• Moneywise via Yahoo Finance · Sep 25, 2025 · The global IT and consulting giant announced more than 11,000 job cuts tied to an $865 million "reinvention" effort.

Kroger: nearly 1,000 corporate staff, its third round in eight months

Kroger cut just under 1,000 corporate employees, many in its Technology and Digital division, as it simplified the business after the collapse of the Albertsons merger, saying it would reinvest the savings in lower prices and store hours; it had also announced 60 store closures.

• Grocery Dive · Aug 26, 2025 · Kroger announced Tuesday layoffs of fewer than 1,000 corporate staffers, a company spokesperson confirmed via email.

Intel: 15% of the workforce gone, headcount to 75,000 by year-end

In its second-quarter report new CEO Lip-Bu Tan said Intel had mostly completed a 15 percent workforce cut and would end 2025 with about 75,000 core employees, down from 108,900 across the group at the end of 2024, as it cancelled fabs in Germany and Poland and slowed Ohio. It was the largest cut by share of staff among big tech companies in 2025 and followed 15,000 cuts announced in August 2024.

• CNN Business · Jul 24, 2025 · The company said it plans to end 2025 with 75,000 employees in its core Intel division — not including subsidiaries — as a result of “workforce reductions and attrition
• Intel Newsroom · Jul 24, 2025 · We are implementing a plan to reduce our headcount by approximately 15%, and we plan to end the year with a global workforce of about 75,000 employees as a result of workforce reductions and attrition.

Editor's note: Official source added: https://www.intel.com/content/www/us/en/newsroom/news/corporate/lip-bu-tan-steps-in-the-right-direction.html

Procter & Gamble: 7,000 non-manufacturing jobs over two years

CFO Andre Schulten told a Deutsche Bank conference that P&G would cut about 15 percent of its non-manufacturing workforce, roughly 6 percent of its 108,000 employees, over two years and exit some brands and markets as tariffs and cautious consumers squeezed growth.

• CNBC · Jun 5, 2025 · Procter & Gamble will cut 7,000 jobs, or roughly 15% of its nonmanufacturing workforce, as part of a two-year restructuring program.

result of Executive Order 14257: a 10% worldwide tariff and higher reciprocal rates on dozens of countries on IEEPA Tariff Refunds: From the Supreme Court Ruling to the Console Lawsuits.

Microsoft: about 6,000 jobs, 3% of the company, aimed at management layers

Microsoft cut 3 percent of its 228,000 employees across levels and geographies, its largest round since the 10,000 cuts of 2023, including 1,985 in Washington state. The company said the cuts were not performance-related and were meant to flatten management, weeks after Satya Nadella said AI was writing up to 30 percent of code in some projects.

• CNBC · May 13, 2025 · Microsoft on Tuesday said that it's laying off 3% of employees across all levels, teams and geographies, affecting about 6,000 people.

Challenger recorded 275,240 announced March job cuts

Challenger, Gray & Christmas reported 275,240 announced job cuts by U.S.-based employers in March 2025. The total was 60% above February's 172,017 announced cuts.

• Challenger, Gray & Christmas · Apr 3, 2025 · U.S.-based employers announced 275,240 job cuts in March, a 60% increase from the 172,017 cuts announced one month prior.

Editor's note: The page states that U.S.-based employers announced 275,240 job cuts in March, 60% above the 172,017 announced one month earlier. It identifies the report as published April 3, 2025, while the reported job-cut event month is March 2025.

Starbucks: 1,100 corporate jobs in Brian Niccol's first restructuring

The new CEO cut 1,100 of about 16,000 corporate support roles and closed several hundred open positions, sparing baristas, after global same-store sales fell 2 percent in fiscal 2024; a second round followed in September.

• PBS News (AP) · Feb 24, 2025 · Starbucks lays off 1,100 corporate employees

Southwest Airlines: 1,750 corporate jobs, its first layoffs in 53 years

CEO Bob Jordan called the cut of about 15 percent of corporate staff, including senior leaders and directors, unprecedented for an airline that had never had a major layoff, as activist Elliott Management pushed for cost savings; the cuts were completed by the end of June.

• CNBC · Feb 17, 2025 · Southwest Airlines said Monday that it is cutting about 15% of corporate jobs, or about 1,750 people, a move its CEO called "unprecedented" as the company scrambles to cut costs.

Chevron: 15 to 20% of the global workforce, up to 9,000 people, by 2026

Chevron said it would cut 15 to 20 percent of its roughly 45,000 employees by the end of 2026 to take $2 to $3 billion out of structural costs after a weak 2024 and ahead of closing the Hess deal, the largest cut in the oil industry's post-pandemic consolidation.

• Offshore Technology · Feb 12, 2025 · Chevron has announced plans to significantly reduce its workforce, targeting a 15–20% reduction by next year as part of its cost-cutting strategy.

Challenger recorded 172,017 announced February job cuts

Challenger, Gray & Christmas reported 172,017 announced job cuts by U.S.-based employers in February 2025. It described this as the highest February total since 2009.

• Challenger, Gray & Christmas · Mar 6, 2025 · U.S.-based employers announced 172,017 job cuts in February, the highest total for the month since 2009 when 186,350 job cuts were recorded.

Editor's note: The page states that U.S.-based employers announced 172,017 job cuts in February and calls it the highest February total since 2009. The article is published March 6, 2025, and supports the February 2025 event date.