• Credit Cards
    • Balance Transfer
    • Purchase
    • Balance Transfer & Purchase
    • Credit Building
    • Bad Credit
    • Cashback
    • Rewards
    • Foreign Use
    • Money Transfer
  • Loans
    • Car Finance
  • Savings
  • Current Accounts
  • Mortgages
  • Utilities
  • Insurance
    • Life Insurance
  • Investing
  • Money Transfer
    • Send Money Abroad
Sign In
  • Best Buys
  • Household Money
  • Banking & Borrowing
  • Mortgages & Home
  • Saving & Making Money
  • Rights, Scams & Politics
  • Motoring & Travel
  • Investing & Pensions
  • Savings & ISAs
  • Features
  • Compare
  • Credit Cards
    • Balance Transfer
    • Purchase
    • Balance Transfer & Purchase
    • Credit Building
    • Bad Credit
    • Cashback
    • Rewards
    • Foreign Use
    • Money Transfer
  • Loans
    • Car Finance
  • Savings
  • Current Accounts
  • Mortgages
  • Utilities
  • Insurance
    • Life Insurance
  • Investing
  • Money Transfer
    • Send Money Abroad

The big American firms cutting their workforce in 2023

Which US firms are shedding the most staff?
Neiman Marcus: around 500 jobs cut
Affirm: around 500 jobs cut
Groupon: around 500 jobs cut
Thoughtworks: around 500 jobs cut
BlackRock: 500 jobs cut
eBay: 500 jobs cut
HubSpot: 500 jobs cut
General Motors: 500 jobs cut
GoDaddy: around 550 jobs cut
Wells Fargo: 640 jobs cut + the hundreds cut in December
Lyft: 683 jobs cut
Amdocs: 700 jobs cut
Electronic Arts: 800 jobs cut
Rivian: around 840 jobs cut
Redfin: 862 jobs cut
Coinbase: 950 jobs cut
NetApp: about 960 jobs cut
Hasbro: 996 jobs cut
Phillips 66: 1,100 jobs cut
Capital One: 1,100+ jobs cut
Stripe: 1,120 jobs cut
DoorDash: 1,250 jobs cut
Snap: 1,280 jobs cut
Lucid: 1,300 jobs cut
Vacasa: 1,300 jobs cut
Lam Research: 1,300 jobs cut
Zoom: 1,300 jobs cut
Twilio: around 1,400 jobs cut
BNY Mellon: 1,500 jobs cut
Yahoo: 1,600 jobs cut
Morgan Stanley: 1,600+ jobs cut
Wayfair: 1,750 jobs cut
McKinsey: up to 2,000 jobs cut
Walmart: 2,000 jobs cut
Dow: 2,000 jobs cut
PayPal: 2,000 jobs cut
Indeed: 2,200 jobs cut
Citigroup: fewer than 2,400 jobs cut
3M: 2,500 jobs cut
Nordstrom: 2,500 jobs cut
Goldman Sachs: 3,200 jobs cut
Ford: 3,200 jobs cut
IBM: 3,900 jobs cut
Cisco: 4,165 jobs cut
Micron: 4,800 jobs cut
Twitter: 5,400 jobs cut (allegedly)
HP: up to 6,000 jobs cut
Carvana: 6,500 jobs cut
Dell: 6,650 jobs cut
Disney: 7,000 jobs cut
Salesforce: 8,000 jobs cut
Microsoft: 10,000+ jobs cut
Alphabet: 12,000 jobs cut
Accenture: 19,000 jobs cut
Meta: 21,000+ jobs cut
Amazon: 27,000+ jobs cut
1 of 57
ERIC BARADAT/Contributor/Getty Images

Which US firms are shedding the most staff?

As America's businesses go all out to slash costs amid the harsher economic climate, a storm of job cuts is sweeping the nation, from Silicon Valley to Wall Street and beyond. Numerous big names including Facebook parent Meta, Amazon, and Goldman Sachs have announced big layoffs in recent months. 

Read on for the lowdown on the companies and sectors axing the most jobs right now. 

Gallery view |
List View

Daniel Coughlin

05 April 2023

Features

See more on this topic

Share the love