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Monthly layoffs report

May 2026 Layoffs: Companies, Jobs Cut & Closures

As of November 2, 2026, the Metaintro Layoffs Tracker recorded 33 layoff and closure announcements in May 2026, affecting at least 71,392 jobs where a source states a number (25 of 33 state one).

Last updated Oct 2, 2026

May 2026 at a glance

Announcements
33
Companies
32
Jobs affected (reported)
71,392
Stores closing
817
Layoffs
28
Store closures
5
Return-to-office mandates
0

Jobs affected are as reported by each source, summed over the 25 of 33 announcements that state a number.

Latest announcement

Most jobs affected

Companies ranked by jobs reported affected in May 2026

  1. 1
    Spirit AeroSystems1 announcement17,000
  2. 2
    Spirit Airlines1 announcement17,000
  3. 3
    New Zealand Government1 announcement8,700
  4. 4
    Standard Chartered1 announcement7,800
  5. 5
    PayPal1 announcement4,760
  6. 6
    Cisco1 announcement4,000
  7. 7
    Intuit1 announcement3,000
  8. 8
    Electrolux1 announcement1,450
  9. 9
    Cloudflare1 announcement1,100
  10. 10
    Walmart1 announcement1,000

By type

Layoffs, store closures, and return-to-office mandates in May 2026

Announcements by type
TypeAnnouncementsShareJobs reported
Layoffs2885%70,667
Store closures515%725
Return-to-office mandates00%0

By state

US states named in May 2026 announcements

8 of 33 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.

WARN notices for every state

Against April 2026

Month over month, from the same tracker

May 2026 has 33 announcements, 3 more than April 2026 (30).

MeasureMay 2026April 2026
Announcements3330
Companies3230
Jobs affected (reported)71,39227,406
Stores closing817427

April 2026 layoffs report

Every announcement

May 2026, newest first. Each company links to its full layoffs timeline.

33 announcements

May 2026

33 announcements · 71,392 jobs reported

  1. Layoff

    Cuts 1,000 jobs

    Israel-based website builder Wix confirmed it is cutting roughly 1,000 jobs, about a fifth of its global workforce, citing a strong shekel and a shift to AI-native work. Development and design roles were reported as hardest hit.

  2. Store closureEvanston, IL, United States · Naperville, IL, United States · Schaumburg, IL, United States · Crystal Lake, IL, United States · Des Plaines, IL, United States · Buffalo Grove, IL, United States · Deerfield, IL, United States · Chicago, IL, United States

    Closes 8 stores

    The Australian chain Guzman y Gomez closed all eight of its Chicago-area restaurants and exited the US market, citing weak sales momentum; former staff filed a WARN Act class action.

    Jobs affected
    500
  3. LayoffReno, NV, United States · Woodland Hills, CA, United States

    Cuts 3,000 jobs

    Intuit confirmed in a memo from CEO Sasan Goodarzi that it will lay off more than 3,000 employees, saying the move is meant to reduce complexity and refocus the company on AI products.

  4. Store closureFL, United States · MI, United States · CA, United States · WA, United States

    Closes 59 stores

    West Marine said in Chapter 11 court filings that it will close 59 stores across 23 states while continuing to operate the rest of the chain. Liquidation sales run by Hilco are expected to last about four months.

  5. Store closureWhittier, CA, United States · City of Industry, CA, United States · Merced, CA, United States · Hanford, CA, United States · FL, United States · IL, United States · IA, United States · LA, United States · GA, United States · NE, United States

    Closes 14 stores

    Five Guys is closing at least 14 restaurants across seven states in 2026, citing financial hardship and rising costs. Four California closures carry WARN notices covering 55 workers.

    Jobs affected
    55
  6. Layoff

    Cuts 875 jobs

    Microsoft-owned LinkedIn told employees it is cutting about 5% of its workforce, roughly 875 of more than 17,500 staff, to flatten its organization. Engineering, product, marketing and sales are reported to be affected.

  7. Layoff

    Cuts 1,000 jobs

    Walmart told staff in an internal memo it is consolidating product, design and digital technology functions, affecting about 1,000 corporate roles through eliminations or relocations. Employees may apply for open internal roles or relocate.

  8. Layoff

    Cuts 350 jobs

    GitLab's board approved a restructuring that cuts about 14 percent of staff and exits 22 countries as the company refocuses on AI-driven development.

  9. Layoff

    Cuts 1,100 jobs

    Cloudflare announced it is eliminating 1100 roles worldwide, about a fifth of staff, as it restructures around agentic AI.

  10. Layoff

    Cuts 700 jobs

    Coinbase announced it is cutting roughly 700 jobs, about 14 percent of its global staff, in an AI-oriented restructuring that flattens management layers.

  11. LayoffFort Lauderdale, FL, United States · Detroit, MI, United States · Las Vegas, NV, United States · Orlando, FL, United States · Atlantic City, NJ, United States · Dania Beach, FL, United States · Miami, FL, United States · MI, United States

    Cuts 17,000 jobs

    Spirit Airlines ceased all operations on May 2, 2026 after a proposed rescue package collapsed during its second bankruptcy, leaving about 17,000 direct and indirect workers without jobs.

  12. Layoff

    Cuts 4,760 jobs

    PayPal disclosed in an SEC filing that it will eliminate roughly 4,760 roles under an AI-native operating model.

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 2026: 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 2, 2026, and the newest change to a May 2026 announcement was on October 2, 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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