In May 2026, 61 companies announced layoffs totaling 83,255 jobs. The largest single cut was Spirit Airlines with 14,000 positions.
| Company | People Cut | % of Workforce | Date | Category |
|---|---|---|---|---|
| Spirit Airlines | 14,000 | 100.0% | WEAK DEMAND | |
| Kyndryl | 10,000 | 13.7% | RESTRUCTURE | |
| Standard Chartered | 7,800 | 9.4% | AI-DRIVEN | |
| Commerzbank | 6,900 | 17.3% | MERGER | |
| PayPal | 4,760 | 20.0% | AI-DRIVEN | |
| Takeda | 4,500 | 9.2% | COST CUT | |
| Cisco | 4,000 | 5.0% | AI-DRIVEN | |
| Intuit | 3,000 | 16.5% | AI-DRIVEN | |
| Amdocs | 2,500 | 8.6% | AI-DRIVEN | |
| Acrisure | 2,250 | 11.0% | AI-DRIVEN | |
| Electrolux | 2,100 | 4.0% | WEAK DEMAND | |
| BioNTech | 1,860 | 22.0% | WEAK DEMAND | |
| Goodyear | 1,700 | 2.4% | COST CUT | |
| Cloudflare | 1,100 | 21.3% | AI-DRIVEN | |
| Walmart | 1,100 | 0.1% | AI-DRIVEN | |
| Wix | 1,000 | 19.0% | AI-DRIVEN | |
| Nissan | 900 | 9.7% | WEAK DEMAND | |
| 875 | 5.0% | AI-DRIVEN | ||
| Inter IKEA Group | 850 | 3.1% | RESTRUCTURE | |
| Fidelity Investments | 800 | 1.0% | RESTRUCTURE | |
| Fifth Third Bank | 740 | 2.7% | MERGER | |
| Group 1 Automotive | 700 | 5.0% | COST CUT | |
| BILL Holdings | 700 | 30.0% | RESTRUCTURE | |
| Coinbase | 700 | 14.0% | AI-DRIVEN | |
| LAUSD (Los Angeles Unified School District) | 657 | 1.1% | COST CUT | |
| Verizon | 621 | 0.7% | AI-DRIVEN | |
| ZoomInfo | 600 | 20.0% | RESTRUCTURE | |
| General Motors | 600 | 0.4% | RESTRUCTURE | |
| Freshworks | 500 | 11.1% | AI-DRIVEN | |
| Groupon | 400 | 23.5% | AI-DRIVEN | |
| Ticketmaster | 350 | 8.0% | AI-DRIVEN | |
| Innovaccer | 340 | - | AI-DRIVEN | |
| Cboe Global Markets | 332 | 20.0% | RESTRUCTURE | |
| Starbucks | 300 | 1.9% | RESTRUCTURE | |
| Sodexo | 296 | - | RESTRUCTURE | |
| ClickUp | 290 | 22.3% | AI-DRIVEN | |
| DeepL | 250 | 25.0% | AI-DRIVEN | |
| Arctic Wolf | 250 | 8.3% | AI-DRIVEN | |
| SentinelOne | 240 | 8.0% | AI-DRIVEN | |
| Campbell's | 205 | 36.1% | RESTRUCTURE | |
| Gilead Sciences | 192 | 91.9% | MERGER | |
| Fresh Venture Foods | 185 | 9.2% | RESTRUCTURE | |
| Build a Rocket Boy | 170 | 68.0% | WEAK DEMAND | |
| BigID | 150 | 23.1% | AI-DRIVEN | |
| Gambling.com Group | 150 | 25.0% | AI-DRIVEN | |
| Upwork | 145 | 24.2% | AI-DRIVEN | |
| Webflow | 140 | 8.0% | AI-DRIVEN | |
| AI21 Labs | 110 | 61.1% | AI-DRIVEN | |
| Rapyd | 100 | 14.3% | AI-DRIVEN | |
| Daily Wire | 100 | 50.0% | COST CUT | |
| GladUDid Chick-fil-A | 98 | 100.0% | RESTRUCTURE | |
| Reyes Coca-Cola Bottling | 85 | 0.9% | RESTRUCTURE | |
| Lightricks | 75 | 17.0% | AI-DRIVEN | |
| Penn Entertainment | 75 | 0.3% | RESTRUCTURE | |
| Mercedes-Benz R and D North America | 72 | 2.4% | COST CUT | |
| Streamland Media | 71 | 4.7% | WEAK DEMAND | |
| Portland Trail Blazers | 70 | 28.0% | COST CUT | |
| Starbucks | 61 | 0.4% | RESTRUCTURE | |
| Minute Media | 60 | 12.0% | AI-DRIVEN | |
| Associated Press | 60 | 1.8% | RESTRUCTURE | |
| Los Angeles Lakers | 20 | 6.7% | COST CUT |