All layoff events · 1,153 total

Zoom is reducing its workforce by approximately 1,300 employees, or about 15 percent, following rapid expansion during the pandemic. CEO Eric Yuan announced he would take a 98 percent pay cut and waive his bonus in accountability for the company's over-hiring.

The Walt Disney Company is reportedly preparing to eliminate as many as 1,000 positions across the company, including its marketing department and streaming services. These cuts follow reports of additional staff reductions at ESPN, primarily affecting off-camera roles.

ClickUp CEO Zeb Evans announced a 22% reduction in the company's workforce, framing the move as a transition toward an AI-driven organization. The company is replacing various tasks with internal AI agents and plans to reinvest savings into higher salary bands for remaining employees who effectively utilize AI.

Intuit, the maker of TurboTax and QuickBooks, is eliminating 17% of its workforce as it shifts its focus toward artificial intelligence. The company is also entering partnerships with AI firms Anthropic and OpenAI.

Wix has laid off 100 employees at its Austin office, according to reports from Austin Inno.

Goodyear announced plans to close its tire and rubber plant in Fayetteville, North Carolina, by the end of 2027. The closure is expected to affect approximately 1,700 hourly and salaried positions as part of a broader restructuring effort.

Google-backed edtech startup Adda247 has reportedly laid off approximately 200 employees, representing 20% of its workforce, to reduce costs and improve profitability ahead of a planned IPO. The layoffs impacted various departments including product, content, design, and teaching staff.

Groupon announced plans to reduce its global headcount by approximately 15% as part of a restructuring effort and AI-native transformation called Project Foundry. The move follows a Q1 2026 net loss and aims to realign costs amid weak profitability.

Cloudflare is laying off 1,100 employees, approximately 20% of its workforce, as it reorganizes for the "agentic AI era." The reduction primarily targets back-office functions while largely sparing engineering and sales roles.

Upwork announced significant job cuts on Thursday, joining other tech companies like Cloudflare and Bill in a wave of mass layoffs.

PayPal's new CEO Enrique Lores announced plans to eliminate approximately 20% of the company's workforce, or about 4,760 roles, over the next two to three years. The restructuring aims to achieve $1.5 billion in gross run-rate savings through organizational simplification and AI integration.

Samsung Electronics is restructuring its DX Division, which handles home appliances and mobile devices, due to rising costs and competition. The company is considering workforce reductions of approximately 20% in certain divisions and has seen an increase in voluntary retirement applications.

Disney is initiating layoffs of approximately 1,000 employees across its marketing, publicity, and awards divisions. The reductions will impact various brands including Hulu, FX, ESPN, and ABC News as part of a cost-saving and efficiency measure.

Snap Inc. announced a reduction of approximately 1,000 positions, or 16% of its global workforce, citing AI-driven productivity gains. The restructuring is part of a plan to reduce the company's annualized cost base by more than $500 million.

Tesla confirmed its Texas Gigafactory workforce was reduced by 22% during 2025, with headcount falling from 21,191 to 16,506. The reduction follows a period of declining sales and a shift in manufacturing priorities toward autonomous vehicles.

Oracle reportedly laid off approximately 12,000 employees in India, a move attributed to the company's transition toward automation. The layoffs were accompanied by the revocation of job offers at premier engineering institutions like the IITs and NITs.