Q2 2026 YTD Layoff Report

Q2 2026 YTD: 130 companies have announced layoffs cutting 269,576 jobs through June.

Total Jobs Cut
269,576
Companies
130
Largest Cut
Volkswagen Group

All Layoffs in Q2 2026 to date

CompanyPeople Cut% of WorkforceDateCategory
Volkswagen Group100,00014.7%WEAK DEMAND
Volkswagen Group19,0002.8%WEAK DEMAND
Cognizant15,0004.2%AI-DRIVEN
Spirit Airlines14,000100.0%WEAK DEMAND
Kyndryl10,00013.7%RESTRUCTURE
British American Tobacco9,00020.0%COST CUT
Microsoft8,7507.0%AI-DRIVEN
Standard Chartered7,8009.4%AI-DRIVEN
Commerzbank6,90017.3%MERGER
PayPal4,76020.0%AI-DRIVEN
Takeda4,5009.2%COST CUT
Cisco4,0005.0%AI-DRIVEN
Porsche3,9009.3%RESTRUCTURE
Evonik3,2009.7%RESTRUCTURE
Intuit3,00016.5%AI-DRIVEN
Republic National Distributing2,77427.7%MERGER
Amdocs2,5008.6%AI-DRIVEN
Acrisure2,25011.0%AI-DRIVEN
Electrolux2,1004.0%WEAK DEMAND
BBC2,0009.3%COST CUT
Saks Global1,86611.0%RESTRUCTURE
BioNTech1,86022.0%WEAK DEMAND
Goodyear1,7002.4%COST CUT
Lucid1,50016.7%WEAK DEMAND
JBS1,4850.5%RESTRUCTURE
Nike1,4001.8%RESTRUCTURE
Claire's1,3007.6%RESTRUCTURE
Cloudflare1,10021.3%AI-DRIVEN
Walmart1,1000.1%AI-DRIVEN
Wix1,00019.0%AI-DRIVEN
Snap1,00019.0%AI-DRIVEN
Disney1,0000.5%RESTRUCTURE
UKG9507.4%AI-DRIVEN
Nissan9009.7%WEAK DEMAND
LinkedIn8755.0%AI-DRIVEN
Inter IKEA Group8503.1%RESTRUCTURE
Fidelity Investments8001.0%RESTRUCTURE
PNC / FirstBank77735.3%MERGER
Rackspace75015.0%AI-DRIVEN
Fifth Third Bank7402.7%MERGER
Group 1 Automotive7005.0%COST CUT
BILL Holdings70030.0%RESTRUCTURE
Coinbase70014.0%AI-DRIVEN
Bell Canada6901.8%RESTRUCTURE
LAUSD (Los Angeles Unified School District)6571.1%COST CUT
Verizon6210.7%AI-DRIVEN
Amazon6160.0%RESTRUCTURE
ZoomInfo60020.0%RESTRUCTURE
General Motors6000.4%RESTRUCTURE
Eagle Rock Distributing52665.8%MERGER
Freshworks50011.1%AI-DRIVEN
Smokey Bones500100.0%MERGER
Bungie40050.0%RESTRUCTURE
Groupon40023.5%AI-DRIVEN
Ubisoft3802.0%RESTRUCTURE
GitLab36114.0%RESTRUCTURE
Ticketmaster3508.0%AI-DRIVEN
Uber3401.0%AI-DRIVEN
Innovaccer340-AI-DRIVEN
Cboe Global Markets33220.0%RESTRUCTURE
Lucid3194.7%COST CUT
Rivian3002.0%WEAK DEMAND
FanDuel3006.0%RESTRUCTURE
Starbucks3001.9%RESTRUCTURE
Sodexo296-RESTRUCTURE
Robinhood29010.0%RESTRUCTURE
ClickUp29022.3%AI-DRIVEN
LAHSA28447.3%RESTRUCTURE
Fujitsu UK27010.0%RESTRUCTURE
Manhattan Associates2605.9%RESTRUCTURE
Elastic2507.1%AI-DRIVEN
Teva2500.7%RESTRUCTURE
Opendoor25017.9%AI-DRIVEN
DeepL25025.0%AI-DRIVEN
Arctic Wolf2508.3%AI-DRIVEN
Bolt25033.3%AI-DRIVEN
SentinelOne2408.0%AI-DRIVEN
Expeditors International2301.2%RESTRUCTURE
Bristol Myers Squibb2060.6%COST CUT
Campbell's20536.1%RESTRUCTURE
Diageo2000.7%COST CUT
Artlist20040.0%AI-DRIVEN
BlackRock2000.8%COST CUT
Southern Cross Media2003.0%AI-DRIVEN
Sony Pictures2001.7%RESTRUCTURE
Gilead Sciences19291.9%MERGER
Fresh Venture Foods1859.2%RESTRUCTURE
Cars.com18510.9%RESTRUCTURE
Build a Rocket Boy17068.0%WEAK DEMAND
Replimune16159.6%COST CUT
Molina Healthcare1560.9%RESTRUCTURE
BigID15023.1%AI-DRIVEN
Gambling.com Group15025.0%AI-DRIVEN
Upwork14524.2%AI-DRIVEN
GoPro14523.0%RESTRUCTURE
Webflow1408.0%AI-DRIVEN
Transdev1260.4%RESTRUCTURE
WK Kellogg Co1173.5%RESTRUCTURE
Veritone11225.1%RESTRUCTURE
Johns Hopkins University1100.4%COST CUT
AI21 Labs11061.1%AI-DRIVEN
Elementor10030.3%AI-DRIVEN
iHeartMedia1001.0%RESTRUCTURE
Skai10020.0%AI-DRIVEN
Rapyd10014.3%AI-DRIVEN
Daily Wire10050.0%COST CUT
KPMG US10010.0%COST CUT
GladUDid Chick-fil-A98100.0%RESTRUCTURE
Autolus Therapeutics9813.0%RESTRUCTURE
Snyk905.8%AI-DRIVEN
Pendo9010.6%AI-DRIVEN
Salesforce860.1%AI-DRIVEN
BitGo8515.0%RESTRUCTURE
Reyes Coca-Cola Bottling850.9%RESTRUCTURE
University of Maryland, College Park840.6%COST CUT
PGA Tour804.0%COST CUT
Lightricks7517.0%AI-DRIVEN
Penn Entertainment750.3%RESTRUCTURE
Corteva730.3%RESTRUCTURE
Mercedes-Benz R and D North America722.4%COST CUT
Streamland Media714.7%WEAK DEMAND
Portland Trail Blazers7028.0%COST CUT
Star Tribune6513.1%RESTRUCTURE
Starbucks610.4%RESTRUCTURE
Minute Media6012.0%AI-DRIVEN
Associated Press601.8%RESTRUCTURE
Ethereum Foundation5420.0%RESTRUCTURE
Sonos403.0%RESTRUCTURE
MARA Holdings4015.0%AI-DRIVEN
Los Angeles Lakers206.7%COST CUT
Cite this data
layoffhedge. (2026). Q2 2026 YTD Layoff Report. Retrieved 2026-06-29, from https://layoffhedge.com/trends/q2-2026-ytd-layoff-report
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Last verified: 2026-06-29