Monthly report

Layoffs in May 2026

In May 2026, we verified 14 layoffs at 14 employers, covering at least 3,434 jobs, down 26% from April.

These figures come from the layoffs we have verified, which are not a complete count of every U.S. layoff, so changes over time partly reflect our coverage. Limits of our data.

Where

  1. California895 jobs · 2
  2. Michigan502 jobs · 1
  3. Nebraska451 jobs · 1
  4. Virginia118 jobs · 1
  5. Washington117 jobs · 1

Plus 5 company-wide announcements not tied to one state.

Who

  1. Banking & finance1,302 jobs · 2
  2. Transportation & logistics895 jobs · 2
  3. Food & beverage751 jobs · 2
  4. Manufacturing291 jobs · 3
  5. Healthcare & life sciences138 jobs · 2

Largest cuts

  1. Fidelity Investments cuts about 800 jobs about 800 jobs
  2. TeamOne (Skechers contract) cuts 725 jobs in Moreno Valley, California 725 jobs
  3. Fifth Third Bank to cut 502 jobs in Farmington Hills, Michigan 502 jobs
  4. WK Kellogg Co to cut 451 jobs in Omaha, Nebraska 451 jobs
  5. Starbucks cuts 300 jobs 300 jobs

Every story

May 2026

  5. Starbucks cuts 300 jobs

    Nationwide · 300 jobs

  6. Hilex Poly cuts 118 jobs in Henrico County, Virginia

    Henrico County, Virginia · 118 jobs

  8. Verizon announces layoffs without saying how many

    Nationwide · An undisclosed number of jobs

  9. Fidelity Investments cuts about 800 jobs

    Nationwide · About 800 jobs

  11. Origin Materials to cut 59% of its workforce

    Nationwide · 59% of its workforce

  12. First Student to cut 170 jobs in Fresno County, California

    Fresno County, California · 170 jobs