Layoffs news and trends

Job Cuts Coming at More Than 170 US Companies in June

June 15, 2025
Report: SBA Staffing Cuts Reduce Service to Entrepreneurs
SMBs // May 23, 2025

Staffing cuts and tighter underwriting standards have reportedly made it more difficult for entrepreneurs to get help from the Small Business Administration (SBA). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Walmart Eliminating Roles on Technology and eCommerce Fulfillment Teams
Walmart // May 21, 2025

Walmart plans to cut 1,500 corporate jobs in its technology, eCommerce fulfillment and advertising operations, The Wall Street Journal reported Thursday (May 21), citing unnamed sources. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Federal Reserve to Cut Staff 10% Over ‘Couple of Years’
Personnel // May 16, 2025

The Federal Reserve plans to cut its workforce by about 10% “over the next couple of years” amid a periodic review of its staffing levels, Federal Reserve Chair Jerome Powell told Fed staff in a memo obtained by PYMNTS. Get the Full Story Complete the form to...

Microsoft to Cut 3% of Workforce While Reducing Management Layers
Personnel // May 13, 2025

Microsoft is reportedly laying off 3% of its workforce, or about 6,000 employees, to reduce the number of management layers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Interviews & Exclusives
Beyond the Numbers: Decoding the JOLT Report’s Impact on Consumer Spending

December 03, 2024
Earlier this year, PYMNTS Intelligence found that only a minority of workers surveyed — at 20% — said that it was “very or extremely” likely that they’d switch jobs in the next year. At the same time, we noted that 83% of consumers eyed 2024 with concerns about the economy. Only 38% of consumers said […]

Contradictions Rule as AI Meets the Future of Work

February 13, 2024
The intersection of artificial intelligence (AI) and the future of work is crowded and a bit confusing these days. Get the Full Story Complete the form to unlock this article...

Walmart Aims to Be an AI Concierge as Amazon Expands Buy With Prime

January 12, 2024
From Walmart looking to be a personal shopping concierge to Amazon expanding its Buy with Prime to more platforms and leveraging tech to help consumers manage their healthcare, the two...

Consumers Now Want Digital in Everything, Everywhere, All at Once, Study Finds

March 29, 2023
Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Quick Reads
Job Cuts Coming at More Than 170 US Companies in June

June 15, 2025
American companies are reportedly resorting to job cuts amid tariff-related uncertainty. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS […]

Report: SBA Staffing Cuts Reduce Service to Entrepreneurs

May 23, 2025
Staffing cuts and tighter underwriting standards have reportedly made it more difficult for entrepreneurs to get help from the Small Business Administration (SBA). Get the Full Story Complete the form...

Walmart Eliminating Roles on Technology and eCommerce Fulfillment Teams

May 21, 2025
Walmart plans to cut 1,500 corporate jobs in its technology, eCommerce fulfillment and advertising operations, The Wall Street Journal reported Thursday (May 21), citing unnamed sources. Get the Full Story...

Federal Reserve to Cut Staff 10% Over ‘Couple of Years’

May 16, 2025
The Federal Reserve plans to cut its workforce by about 10% “over the next couple of years” amid a periodic review of its staffing levels, Federal Reserve Chair Jerome Powell told Fed...