Layoffs/page/4 news and trends

Zillow Cuts 500 Jobs Ahead of Q2 Earnings Report

August 04, 2026
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...

Tech Titans Slash 140K Jobs as AI Spending Soars
Big Tech // July 26, 2026

American tech companies have cut close to 140,000 jobs this year amid record artificial intelligence spending. 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...

Amazon Trims AGI Team to Focus on Core Initiatives
Amazon // July 22, 2026

Amazon has cut jobs in its artificial general intelligence (AGI) group, Reuters reported Wednesday (July 22). 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...

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
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 and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, […]

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...

Visa Cuts 2,600 Tech Jobs to Fund Stablecoin and B2B Growth

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...

Tech Titans Slash 140K Jobs as AI Spending Soars

July 26, 2026
American tech companies have cut close to 140,000 jobs this year amid record artificial intelligence spending. Get the Full Story Complete the form to unlock this article and enjoy unlimited...