Category: Layoffs and Closures

Spirit Airlines is dismantling a significant portion of its flight network and fleet as it fights to survive Chapter 11 bankruptcy, cutting service to cities, furloughing workers, and selling aircraft in a bid to slash billions in debt and lease obligations. The ultra-low-cost carrier filed for protection in the U.S. Bankruptcy Court for the Southern…

Lucid Group, the Saudi-backed electric vehicle startup that positioned itself as a direct challenger to Tesla, reported a net loss of about $2.7 billion for fiscal year 2025 while cutting roughly 2,500 U.S. jobs across multiple rounds of layoffs. The company’s manufacturing ambitions, once fueled by billions in sovereign wealth funding, now face a harsh…

Seven major corporations have announced tens of thousands of job cuts in early 2026, spanning industries from tech and logistics to chemicals and beer. Employers slashed 108,435 positions in January alone, the worst start to a year since 2009, driven by automation strategies, shifting consumer habits, and cost reduction campaigns. The wave of layoffs has…

Red Lobster, the 55-year-old seafood chain that already shuttered roughly 130 restaurants amid its 2024 Chapter 11 bankruptcy, may still close additional locations, according to comments from CEO Damola Adamolekun. Adamolekun has said the company needs to shrink further to stabilize, even as sales have shown a partial recovery, according to The Wall Street Journal….

Walgreens Boots Alliance is cutting more than 600 jobs across the United States, making it the latest major American company to announce sweeping workforce reductions, tied to a private equity takeover. The layoffs, which began on February 19, 2026, follow the pharmacy chain’s acquisition by Sycamore Partners in a deal valued at $10 billion. The…

Workers across the United States are losing their jobs with little or no warning, often learning their fate through a brief email or a locked laptop rather than a face-to-face conversation. Federal law generally requires advance notice for certain large-scale cuts, but reporting and worker accounts describe employers using exceptions and other tactics that can…

Nearly six in ten U.S. employers say they intend to cut staff this year, according to a survey of 1,000 business decision-makers that points to a sharp shift in corporate hiring strategy. The findings land as companies across sectors are already acting on those plans, trimming headcount in response to economic uncertainty, trade policy disruptions,…

A growing wave of mass layoffs across the Seattle metro area is stoking anxiety about the health of the region’s economy, with state labor records showing a steady accumulation of job cuts stretching into early 2026. The losses are concentrated in technology and professional services, two sectors that have long powered King County’s tax base…

Amazon cut hundreds of jobs across New York City as part of a sweeping global restructuring that eliminated 16,000 corporate positions on January 28, 2026. The layoffs, which hit offices in Manhattan and other boroughs, have intensified worker frustration at a company already facing open federal labor complaints and growing union pressure in the city….

Kroger Co. has started winding down operations at roughly 60 underperforming U.S. stores over an 18‑month timeline, a direct consequence of the failed merger with Albertsons Companies that two separate courts blocked late last year. The closures, disclosed in the grocer’s most recent earnings report and tied to a broader profitability push, represent Kroger’s sharpest…