Category: Layoffs and Closures

Amazon is dismantling its physical grocery experiment, shutting every Amazon Fresh and Amazon Go store and cutting thousands of jobs while spelling out what kind of severance checks workers can expect. The move marks a sharp retreat from the company’s yearslong push into bricks and mortar, and a reset that shifts attention back to Whole…

Peloton is back in crisis mode, cutting hundreds of jobs just months after betting its future on artificial intelligence–powered hardware. The company that once defined at-home fitness is now shrinking fast, trimming staff and costs as it tries to prove that an AI makeover can revive a brand built in a very different era. The…

Oracle is weighing one of the largest corporate downsizings in recent tech history, with analysts warning that up to 30,000 roles, nearly a fifth of its global staff, could be on the line as the company races to fund next generation AI infrastructure. The potential cuts would reshape a software giant that has spent decades…

Across the United States, February is opening with another wave of corporate job cuts that is hitting everyone from warehouse workers and delivery drivers to software engineers and journalists. After U.S. layoffs reached about 1.1 m positions in 2025, companies are moving into 2026 still focused on trimming costs, automating tasks, and resetting after the…

Houston is shedding thousands of oil and gas jobs at the same time its broader economy is still adding nearly 31,000 positions, a split that captures the city’s uneasy transition away from its traditional energy base. The headline numbers look healthy, but the mix of jobs is changing in ways that matter for workers, neighborhoods,…

The decision by a Pennsylvania cable giant to shutter a 60-year manufacturing plant in Schuylkill County is more than a corporate restructuring. It is a body blow to a small community that has relied on those paychecks for generations, and it instantly puts 150 families in limbo as millions of dollars in annual wages disappear…

The off-price arm of Saks is shrinking dramatically as its parent company restructures under bankruptcy protection, with more than 50 Saks Off stores slated to close and only a small core of locations left standing. The move marks a sharp retreat from a discount strategy that once promised to bring luxury labels to outlet malls…

The operator behind one of North America’s best known outdoor clothing brands is preparing a sweeping restructuring that could erase its entire mall footprint. Nearly 180 stores are now in the crosshairs as the company’s retail arm moves toward bankruptcy protection and a potential shutdown of all brick and mortar locations in the United States…

Pinterest is facing a backlash from its own workforce after firing engineers who tried to bring transparency to a fresh round of job cuts. The clash over an internal layoff tracker lands at a moment when executives across the industry are invoking artificial intelligence to justify restructurings, tighten control over data, and police internal dissent….

Across the United States, the ice cream parlor is slipping from everyday habit to special-occasion destination, and in some cases into bankruptcy court. A beloved Midwestern chain has now joined a growing list of frozen dessert brands seeking Chapter 11 protection, underscoring how fragile the business has become even for names that once felt permanent…