--- title: "May 2023 Layoffs: Companies, Jobs Cut & Closures | Metaintro" canonical: "https://www.metaintro.com/layoffs/reports/2023-05" language: "en" author: "Metaintro" --- 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 [All monthly reports](/layoffs/reports)[This year's tracker](/layoffs) 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 May 30, 2023 ## Most jobs affected Companies ranked by jobs reported affected in May 2023 1. 1[![](/api/company-logo?url=https%3A%2F%2Fwww.jpmorganchase.com%2Fetc.clientlibs%2Fcws%2Fclientlibs%2Fclientlib-base%2Fresources%2Fjpmc%2Fimages%2Fjpmc-favicon-152.png&sig=KfnD2xDwFDzcjGHyJzDqPlkf6Jzym-pSmAeCHob-cSM)](/company/jpmorgan-chase)[JPMorgan Chase](/layoffs/jpmorgan-chase)2 announcements1,500 2. 2[![](/api/favicon-proxy?url=https%3A%2F%2Fmedia.licdn.com%2Fdms%2Fimage%2Fv2%2FC560BAQHaVYd13rRz3A%2Fcompany-logo_200_200%2Fcompany-logo_200_200%2F0%2F1638831590218%2Flinkedin_logo%3Fe%3D2147483647%26v%3Dbeta%26t%3DHMVBiFMV-HgYXlCGY6Xk6_d_atqf3B8NDd1lVbfCRlE)](/company/linkedin)[LinkedIn](/layoffs/linkedin)1 announcement716 3. 3[![](/api/company-logo?url=https%3A%2F%2Fupload.wikimedia.org%2Fwikipedia%2Fcommons%2Fthumb%2F6%2F67%2FWalgreens_2020_initial_W_logo.svg%2F500px-Walgreens_2020_initial_W_logo.svg.png&sig=HRxUkzZ7hIIf8iHLSrn7z7JVHKVAgrpS8qj_WBtyj94)](/company/walgreens)[Walgreens](/layoffs/walgreens)1 announcement504 4. 4[![](/api/company-logo?url=https%3A%2F%2Fupload.wikimedia.org%2Fwikipedia%2Fcommons%2Fthumb%2F2%2F25%2FMicrosoft_icon.svg%2F500px-Microsoft_icon.svg.png&sig=8CMVnM32WgNU7jfY3XLXWquqYWFDEgIQv-2APxNQeX8)](/company/microsoft)[Microsoft](/layoffs/microsoft)1 announcement158 ## By type Layoffs, store closures, and return-to-office mandates in May 2023 | Type | Announcements | Share | Jobs reported | | --- | --- | --- | --- | | Layoffs | 6 | 100% | 2,878 | | Closures | 0 | 0% | 0 | | Return-to-office mandates | 0 | 0% | 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. | State | Announcements | Official notices | | --- | --- | --- | | Illinois | 1 | WARN notices(opens in new tab) | | Washington | 1 | WARN notices(opens in new tab) | [WARN notices for every state](/warn-notices) ## Against April 2023 Month over month, from the same tracker May 2023 has 6 announcements, 2 more than April 2023 (4). | Measure | May 2023 | April 2023 | | --- | --- | --- | | Announcements | 6 | 4 | | Companies | 5 | 4 | | Jobs affected (reported) | 2,878 | 100 | | Stores closing | 0 | 4 | [April 2023 layoffs report](/layoffs/reports/2023-04) ## Every announcement May 2023, newest first. Each company links to its full layoffs timeline. Find a company 6 announcements ### May 2023 6 announcements · 2,878 jobs reported 1. May 30May 30Layoff[Reported: At least two independent news outlets reported it. The employer has not confirmed it.](/layoffs/methodology#confirmation) [![](/api/company-logo?url=https%3A%2F%2Fcdn.gs.com%2Fimages%2Fgoldman-sachs%2Fv2%2Fgs-favicon-180.png&sig=xEmf6YcowT140-QkzPdDEk1kK_Fmh9VTgSPQiyBuKUg)](/company/goldman-sachs)#### [Goldman Sachs](/layoffs/goldman-sachs) Announces layoffs Goldman Sachs prepared its third round of layoffs since September 2022, expected to cut fewer than 250 jobs including managing directors and some partners, amid a slump in dealmaking, the Wall Street Journal and CNBC reported, citing people familiar with its plans. - [Source(opens in new tab)](https://www.cnbc.com/2023/05/30/goldman-sachs-is-cutting-jobs-again-amid-wall-street-deals-slump.html) 2. May 26May 26Layoff [![](/api/company-logo?url=https%3A%2F%2Fwww.jpmorganchase.com%2Fetc.clientlibs%2Fcws%2Fclientlibs%2Fclientlib-base%2Fresources%2Fjpmc%2Fimages%2Fjpmc-favicon-152.png&sig=KfnD2xDwFDzcjGHyJzDqPlkf6Jzym-pSmAeCHob-cSM)](/company/jpmorgan-chase)#### [JPMorgan Chase](/layoffs/jpmorgan-chase) 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. - [Source(opens in new tab)](https://finance.yahoo.com/news/jpmorgan-chase-cut-around-500-182506446.html) 3. May 25May 25Layoff [![](/api/company-logo?url=https%3A%2F%2Fwww.jpmorganchase.com%2Fetc.clientlibs%2Fcws%2Fclientlibs%2Fclientlib-base%2Fresources%2Fjpmc%2Fimages%2Fjpmc-favicon-152.png&sig=KfnD2xDwFDzcjGHyJzDqPlkf6Jzym-pSmAeCHob-cSM)](/company/jpmorgan-chase)#### [JPMorgan Chase](/layoffs/jpmorgan-chase) 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. - [Source(opens in new tab)](https://www.foxbusiness.com/markets/jpmorgan-letting-go-1000-first-republic-employees) 4. May 25May 25LayoffDeerfield, IL · Chicago, IL [![](/api/company-logo?url=https%3A%2F%2Fupload.wikimedia.org%2Fwikipedia%2Fcommons%2Fthumb%2F6%2F67%2FWalgreens_2020_initial_W_logo.svg%2F500px-Walgreens_2020_initial_W_logo.svg.png&sig=HRxUkzZ7hIIf8iHLSrn7z7JVHKVAgrpS8qj_WBtyj94)](/company/walgreens)#### [Walgreens](/layoffs/walgreens) 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. - [Source(opens in new tab)](https://chicago.suntimes.com/business/2023/5/25/23738122/walgreens-cutting-504-corporate-jobs-including-deerfield-and-chicago) 5. May 10May 10LayoffRedmond, WA [![](/api/company-logo?url=https%3A%2F%2Fupload.wikimedia.org%2Fwikipedia%2Fcommons%2Fthumb%2F2%2F25%2FMicrosoft_icon.svg%2F500px-Microsoft_icon.svg.png&sig=8CMVnM32WgNU7jfY3XLXWquqYWFDEgIQv-2APxNQeX8)](/company/microsoft)#### [Microsoft](/layoffs/microsoft) 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. - [Source(opens in new tab)](https://mynorthwest.com/3887732/microsoft-layoffs-impact-over-150-jobs-no-raises-for-employees/) 6. May 8May 8Layoff [![](/api/favicon-proxy?url=https%3A%2F%2Fmedia.licdn.com%2Fdms%2Fimage%2Fv2%2FC560BAQHaVYd13rRz3A%2Fcompany-logo_200_200%2Fcompany-logo_200_200%2F0%2F1638831590218%2Flinkedin_logo%3Fe%3D2147483647%26v%3Dbeta%26t%3DHMVBiFMV-HgYXlCGY6Xk6_d_atqf3B8NDd1lVbfCRlE)](/company/linkedin)#### [LinkedIn](/layoffs/linkedin) 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. - [Source(opens in new tab)](https://www.cnbc.com/2023/05/09/linkedin-layoffs-2023-716-employees-hit-and-china-app-discontinued.html) ## 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](/layoffs/data.csv) and [JSON](/layoffs/data.json) downloads. Filter on the announcement date to rebuild this report. The [tracker methodology](/layoffs/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. [Download the dataCSV](/layoffs/data.csv)[Download the dataJSON](/layoffs/data.json) Jobs affected are counted only when a source states a number; “Not stated” means none was disclosed. [Methodology, sources and how to cite](/layoffs/methodology) Built for career movement ## Laid off this month? Start the search today. Metaintro matches you to open roles across about 11M jobs, so your next application goes to a team that is hiring. [Get started free](/signup)[Estimate your severance](/severance-calculator) - MatchCompare live roles against your current evidence. - PositionTurn proof projects into role-specific applications. - ImproveUse market feedback to keep the skill plan current. 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