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Monthly layoffs report

May 2023 Layoffs: Companies, Jobs Cut & Closures

As of November 13, 2026, the Metaintro Layoffs Tracker recorded 6 layoff and closure announcements in May 2023, affecting at least 2,878 jobs where a source states a number (5 of 6 state one).

Last updated Nov 13, 2026

May 2023 at a glance

Announcements
6
Companies
5
Jobs affected (reported)
2,878
Stores closing
0
Layoffs
6
Closures
0
Return-to-office mandates
0

Jobs affected are as reported by each source, summed over the 5 of 6 announcements that state a number.

Latest announcement

Most jobs affected

Companies ranked by jobs reported affected in May 2023

  1. 1
    JPMorgan Chase2 announcements1,500
  2. 2
    LinkedIn1 announcement716
  3. 3
    Walgreens1 announcement504
  4. 4
    Microsoft1 announcement158

By type

Layoffs, store closures, and return-to-office mandates in May 2023

Announcements by type
TypeAnnouncementsShareJobs reported
Layoffs6100%2,878
Closures00%0
Return-to-office mandates00%0

By state

US states named in May 2023 announcements

2 of 6 announcements name at least one US state. An announcement that names two states counts in both. Jobs are not split by state, because sources rarely give a number for each location.

StateAnnouncementsOfficial notices
Illinois1WARN notices(opens in new tab)
Washington1WARN notices(opens in new tab)

WARN notices for every state

Against April 2023

Month over month, from the same tracker

May 2023 has 6 announcements, 2 more than April 2023 (4).

MeasureMay 2023April 2023
Announcements64
Companies54
Jobs affected (reported)2,878100
Stores closing04

April 2023 layoffs report

Every announcement

May 2023, newest first. Each company links to its full layoffs timeline.

6 announcements

May 2023

6 announcements · 2,878 jobs reported

  1. Layoff

    Cuts 500 jobs

    JPMorgan Chase cut about 500 jobs in the week of May 22, 2023, mostly in technology and operations across its consumer and commercial banking, asset and wealth management and investment banking units, a spokesperson confirmed, saying the bank regularly reviews its needs and keeps hiring.

  2. Layoff

    Cuts 1,000 jobs

    JPMorgan Chase told about 1,000 former First Republic Bank employees on May 25, 2023 that they would not be offered jobs after it bought the failed San Francisco lender, while offering roles to nearly 85% of its staff. Departing workers get 60 days of pay and benefits plus severance.

  3. LayoffDeerfield, IL · Chicago, IL

    Cuts 504 jobs

    Walgreens confirmed on May 25, 2023 it is cutting 504 corporate jobs, about 10% of its corporate workforce, mostly at its Deerfield headquarters and Chicago office, as part of efforts to drive sustainable cost savings; store, call center and microfulfillment roles were not affected.

  4. LayoffRedmond, WA

    Cuts 158 jobs

    Microsoft filed a Washington state notice to lay off 158 more employees, effective May 26, 2023, separate from the 10,000 job cuts it announced in January.

  5. Layoff

    Cuts 716 jobs

    LinkedIn CEO Ryan Roslansky told staff on May 8, 2023 it will cut 716 jobs, about 3.5% of its roughly 19,000 employees, and phase out its China jobs app InCareer, citing shifts in customer behavior, slower revenue growth and fierce competition in China.

How this report is built

What counts, how jobs are counted, and the as-of date

What counts

Every published Layoffs Tracker announcement dated in May 2023: layoffs, store closures, and return-to-office mandates. Each row is one announcement by one company, dated the day the company or a filing first made it public, not the day the cuts take effect. Months follow UTC dates.

How jobs are counted

Jobs affected is counted only when a source states a number. We never estimate one, so every total on this page is a floor: announcements without a stated number are left out of the sum, not counted as zero.

As-of date

Figures are as of November 13, 2026, and the newest change to a May 2023 announcement was on November 13, 2026. Announcements verified later can still be added to this month.

An edition needs at least 5 published announcements before it is listed for search engines.

Data

Every row, all months, is in the CSV and JSON downloads. Filter on the announcement date to rebuild this report. The tracker methodology covers sources and how to cite.

Data and archives

Free to reuse with attribution to Metaintro

Every published announcement, all years, one row per event. Column names are stable, and jobs affected are blank where no source states a number.

Jobs affected are counted only when a source states a number; “Not stated” means none was disclosed. Methodology, sources and how to cite

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