Layoffs news and trends

Goldman Finds Entry-Level Workers More Vulnerable to AI Displacement

August 19, 2026
AI, jobs, digital transformation
Bitwise Slashes 14% of Staff Amid Crypto Prices Downturn
Cryptocurrency // August 12, 2026

Bitwise has reportedly cut 14% of its staff amid an ongoing downturn in cryptocurrency prices. 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...

Zillow Cuts 500 Jobs Ahead of Q2 Earnings Report
Personnel // August 04, 2026

Zillow is laying off just over 500 employees as it makes organizational changes, Zillow CEO Jeremy Wacksman said in a Tuesday (Aug. 4) blog post. 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...

Chime Cuts 10% of Workforce in AI Pivot
Banking // July 31, 2026

Chime Financial plans to lay off about 150 people, or 10% of its workforce, Bloomberg reported Friday (July 31), citing a memo to employees from Chime CEO and Co-Founder Chris Britt. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Visa Cuts 2,600 Tech Jobs to Fund Stablecoin and B2B Growth
VISA // July 28, 2026

Visa is cutting about 2,600 jobs, or 7% of its workforce, primarily from its technology and product teams, Bloomberg reported Tuesday (July 28), citing a staff memo from Visa CEO Ryan McInerney. Get the Full Story Complete the form to unlock this article and enjoy...

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
Goldman Finds Entry-Level Workers More Vulnerable to AI Displacement

August 19, 2026
New Goldman Sachs research suggests industries with greater artificial intelligence (AI) exposure could be rethinking their hiring options. 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 […]

Bitwise Slashes 14% of Staff Amid Crypto Prices Downturn

August 12, 2026
Bitwise has reportedly cut 14% of its staff amid an ongoing downturn in cryptocurrency prices. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Zillow Cuts 500 Jobs Ahead of Q2 Earnings Report

August 04, 2026
Zillow is laying off just over 500 employees as it makes organizational changes, Zillow CEO Jeremy Wacksman said in a Tuesday (Aug. 4) blog post. Get the Full Story Complete the form to unlock this article...

Chime Cuts 10% of Workforce in AI Pivot

July 31, 2026
Chime Financial plans to lay off about 150 people, or 10% of its workforce, Bloomberg reported Friday (July 31), citing a memo to employees from Chime CEO and Co-Founder Chris...