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Notable June announcements: Robinhood Markets is cutting 10% of its workforce, and Oracle said it let go of 21,000 people.
Layoffs have risen for three months in a row, hitting 97,000 in May, which is the highest level for that month since 2020, according to outplacement firm Challenger, Gray & Christmas. Tech has been hardest-hit, with companies letting go of more than 123,000 employees so far this year, up 66% over the same period in 2025.
https://www.wsj.com/economy/jobs/layoff … amp;page=1
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UPS | 30,000
Oracle | 21,000
Amazon.com | 16,000 (30,000 incl. Oct 2025)
Estee Lauder | 9,000-10,000
Meta Platforms (company-wide) | 8,000
Heineken | up to 6,000
PayPal | 4,760
Dow | 4,500
Block | 4,000
Cisco | 4,000
Morgan Stanley | 2,500
Atlassian | 1,600
Ericsson | ~1,600
Ford / SK Group (BlueOval SK) | 1,500
Meta Platforms (Reality Labs) | 1,500
Nike (round 2, technology) | 1,400
Epic | 1,000+
Walmart | ~1,000
Autodesk | 1,000
Snap | 1,000
Disney | up to 1,000
Home Depot | 800
eBay | ~800
Nike (round 1, distribution) | 775
Coinbase | 700
Pinterest | ~700
Lowe's | ~600
Porsche | 500
Starbucks | 300
Robinhood | 290
GoPro | ~145
KPMG | ~100
Kenvue | 3.5% of workforce
Lucid | 18% of workforce
Rivian | <2% (several hundred)
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PolySIt's a REALLY good thing then that President Trump shut the border and sent 3 million illegals packing.
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Tom LeykisPolyS wrote:
It's a REALLY good thing then that President Trump shut the border and sent 3 million illegals packing.

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Every Tech company over-hired post Coof.
Tech doesn't have the next trillion dollar wave to ride. Datacenters & LLMs are not the next trillion dollar wave.
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wrote:
Nope. The storm clouds of layoffs existed before Elon dragged the sink into Twatter HQ.
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wrote:
I did that!
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