PayPal Announces Major Workforce Reduction and AI-Driven Restructuring
PayPal plans to cut 20% of its workforce, approximately 4,760 roles, over the next two to three years as part of a restructuring and AI integration
PayPal plans to cut 20% of its workforce, approximately 4,760 roles, over the next two to three years as part of a restructuring and AI integration
Citigroup is undergoing a restructuring plan that includes multiple layoff tranches. The company is aiming to eliminate 20,000 jobs globally by 2026.
Apr 10, 2026
Wells Fargo is conducting layoffs in Des Moines and Oregon due to efficiency moves, changing mortgage demand, and a cooling housing market.
Apr 4, 2026
Asset manager Fidelity International will trim about 1,000 jobs-around 9% of staff-to save costs as industry headwinds weigh on revenue.
Dec 20, 2025
MyBambu is permanently closing local operations, laying off remaining 41 employees by December 31
Dec 18, 2025
ANZ accelerated planned banker layoffs after an automated email error prematurely informed staff. Outcome conversations were brought forward to conclude by end of Aug 28, 2025. ANZ hasn’t disclosed totals; at least 100...
Dec 13, 2025
Citi announced on January 13, 2026 that it will continue reducing head count in 2026 as part of its plan to reduce workforce by 10% (20,000 employees) through 2026. The cuts reflect adjustments to align staffing levels,...
Dec 9, 2025
Citibank filed a rolling WARN notice in September 2025 covering multiple layoff tranches with effective dates spanning December 8-28, 2025 at Jersey City location. This represents part of Citigroup's ongoing...
Dec 5, 2025
McGee Air Services filed WARN notice for layoffs affecting 79 employees in Arizona, effective September 10, 2025.
Nov 26, 2025