Layoffs/page/2 news and trends

Morgan Stanley Sheds 2,500 Employees in Companywide Layoffs

March 05, 2026
Morgan Stanley
Block Strategy Points to AI Shaping Corporate Infrastructure
artificial intelligence // February 27, 2026

It was probably one of those moments where you remember where you were when you heard it. Block announced Thursday (Feb. 26) that it will cut roughly 4,000 jobs, or close to 40% of its workforce, as part of a broad restructuring that CEO Jack...

Block Planning Layoffs of Up to 10% of Its Workforce
Digital Payments // February 08, 2026

Payments company Block is reportedly considering layoffs that could affect 10% of its staff. 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...

AI Layoff News Sparks ‘AI Washing’ Worries
artificial intelligence // February 01, 2026

Artificial intelligence (AI) is playing an increasingly large role in corporate layoff announcements. 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....

Amazon Job Cuts Deliver Another Blow to Seattle Area’s Tech Workforce
Personnel // January 30, 2026

Amazon’s job cuts announced this week delivered another blow to the tech labor force in the company’s headquarters city of Seattle, which was already losing jobs, Bloomberg reported Friday (Jan. 30). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

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
Morgan Stanley Sheds 2,500 Employees in Companywide Layoffs

March 05, 2026
Morgan Stanley announced Thursday (March 5) that it would reduce its global workforce by about 2,500 employees, or roughly 3% of its total staff, according to reporting from The Wall Street Journal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional […]

Block Planning Layoffs of Up to 10% of Its Workforce

February 08, 2026
Payments company Block is reportedly considering layoffs that could affect 10% of its staff. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

AI Layoff News Sparks ‘AI Washing’ Worries

February 01, 2026
Artificial intelligence (AI) is playing an increasingly large role in corporate layoff announcements. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Amazon Job Cuts Deliver Another Blow to Seattle Area’s Tech Workforce

January 30, 2026
Amazon’s job cuts announced this week delivered another blow to the tech labor force in the company’s headquarters city of Seattle, which was already losing jobs, Bloomberg reported Friday (Jan. 30). Get...