July 2026 mass layoffs affected approximately 25,308 workers, led by technology restructuring and major automotive workforce reductions.
Layoffs
July 31, 2026
Table of Contents
July 31, 2026
July brought another wave of mass layoff and restructuring announcements, with the technology sector producing the largest number of events and the automotive sector accounting for the largest disclosed worker impact.
The combined dataset shows 22 unique workforce-reduction events after removing a duplicate Amazon entry. Of those, 15 events had absolute or approximate headcount figures, while seven had percentage-only or undisclosed headcount figures.
The conservative disclosed floor was at least 17,128 workers. The expanded total, including credible approximations, was approximately 25,308 workers.
These figures reflect workers tied to July announcements, not necessarily employees whose jobs ended during July.
Technology produced the largest number of separate layoff announcements in July.
The sector included software, AI, semiconductors, consumer electronics, payments, creator platforms, augmented reality, and customer-support automation.
Several announcements were tied to AI adoption or changing technical requirements, but not all were direct AI replacement stories. In many cases, companies were cutting in one area while reallocating resources toward AI, automation, engineering, or higher-growth operations.
Microsoft Corporation (NASDAQ: MSFT) announced 4,800 job cuts on July 6.
The cuts were tied to business reprioritization and restructuring across commercial and Xbox operations. Microsoft said AI was changing how work was performed, but did not describe the reductions as direct AI replacement.
Key data:
Price: $394.49
Date: July 6, 2026
Session: Premarket
52-week range: $349.20 to $555.45
Microsoft provides cloud computing, enterprise software, productivity tools, gaming, AI infrastructure, and consumer technology products.
The positive initial reaction suggests investors may have viewed the cuts as part of a broader efficiency push rather than a demand shock.
Thomson Reuters Corporation (NYSE/TSX: TRI) announced up to 500 engineering-position cuts on July 13.
The move was tied to engineering reallocation, operating efficiency, and changing technical requirements linked to AI adoption.
Key data:
Price: $107.15
Date: July 13, 2026
Session: Intraday
Initial impact: +3.737%
Subsequent move shown: 0.000%
52-week range: $76.28 to $204.46
Thomson Reuters provides information services, legal research tools, tax and accounting software, news, and professional workflow products.
The company was also expected to add selected senior and AI-focused roles, making the move more of a workforce reallocation than a full retreat from technology investment.
Samsung Electronics America had 739 roles affected in New Jersey on July 18.
The event was tied to a headquarters-function relocation to Texas and margin pressure in consumer electronics.
The 739 figure represents roles affected, not necessarily confirmed layoffs. Samsung said a majority of affected New Jersey employees received relocation offers.
Samsung Electronics America is part of Samsung’s global consumer electronics, mobile devices, semiconductor, display, appliance, and technology operations.
This event is included in the conservative total because a role count was disclosed, but the distinction between roles affected and confirmed layoffs should be clear.
Intel Corporation (NASDAQ: INTC) surfaced in the dataset on July 20, with the research report tracking the restructuring from July 21 to July 28.
The confirmed numeric disclosure was 103 positions in a Santa Clara filing. Broader Data Center Group reductions were reported, but the full headcount was not disclosed.
Key data:
Price: $83.155
Date: July 20, 2026
Session: After-hours
Initial impact: -3.644%
52-week range: $18.97 to $142.35
Intel designs and manufactures semiconductors, data center chips, PC processors, networking products, and related computing technologies.
Only the disclosed 103 positions are included in the worker total.
Amazon.com, Inc. (NASDAQ: AMZN) appeared twice in the LevelFields data, first on July 22 and again on July 28.
Both entries referred to layoffs in Amazon’s artificial general intelligence team, so the dataset treats Amazon as one event.
Key data:
Price: $228.515
Earliest date: July 22, 2026
Session: Premarket
52-week range: $196.00 to $278.56
Amazon operates e-commerce, cloud computing, logistics, advertising, streaming, consumer devices, and artificial intelligence businesses.
The headcount was not disclosed, so Amazon is included as an event but excluded from the worker total.
monday.com Ltd. (NASDAQ: MNDY) announced a workforce reduction of approximately 20% on July 22.
The move was tied to an AI-driven growth strategy and organizational restructuring.
Key data:
Price: $89.467
Date: July 22, 2026
Session: Premarket
Initial impact: +2.729%
52-week range: $57.50 to $293.18
monday.com provides work-management, project-management, workflow automation, CRM, and enterprise productivity software.
The absolute headcount was not disclosed in the supplied data, so the event is excluded from worker totals.
Uber Technologies, Inc. (NYSE: UBER) announced cuts affecting approximately 10% of its customer-service staff on July 24.
The move was tied to greater use of AI and automation in customer-support operations.
Key data:
Price: $69.97
Date: July 24, 2026
Session: Premarket
Initial impact: -1.089%
Subsequent move shown: -4.310%
52-week range: $65.41 to $101.99
Uber operates ride-hailing, delivery, freight, advertising, and mobility technology platforms.
The absolute number affected was not disclosed, so Uber is included as an event but excluded from worker totals.
Visa Inc. (NYSE: V) announced approximately 2,600 job cuts on July 28.
The move was tied to operating efficiency and reinvestment into higher-growth opportunities, with AI forming part of the company’s operational shift.
Key data:
Price: $371.914
Date: July 28, 2026
Session: Premarket
52-week range: $293.89 to $371.16
Visa operates one of the world’s largest digital payments networks, connecting consumers, merchants, banks, fintechs, and businesses.
The positive reaction suggests the market may have focused more on efficiency and capital reallocation than near-term demand weakness.
Automotive produced the largest disclosed headcount impact in the combined dataset.
Porsche and BMW accounted for roughly 13,000 positions in the expanded total. The cuts were tied to weak vehicle demand, China sales pressure, tariff concerns, electric-vehicle strategy resets, and broader cost restructuring.
Porsche announced 5,000 additional job cuts during the July 22 to July 27 period.
The reductions were tied to weak vehicle demand, a major decline in China sales, tariff pressure, and a reset of the company’s electric-vehicle strategy.
Porsche is a luxury and performance automotive manufacturer known for sports cars, SUVs, electric vehicles, motorsport, and premium brand positioning.
The reductions are expected to occur through natural attrition and voluntary programs, with no compulsory redundancies. The program also includes employment and site guarantees through 2035 and planned investment in Stuttgart-Zuffenhausen and Weissach.
This was one of the largest disclosed workforce programs in the dataset, but it should be described as a multi-year workforce reduction rather than immediate July separations.
BMW (ETR: BMW) announced an expected workforce reduction of approximately 8,000 positions in Germany on July 29.
The company wording referred to “several thousand” positions, while the dataset treats 8,000 as a credible reported approximation.
The cuts were tied to weak automotive demand, reduced China sales, profit pressure, and broader cost restructuring.
BMW is a global premium automaker with businesses across luxury vehicles, motorcycles, electric vehicles, software-defined vehicles, and financial services.
The program was structured as a voluntary redundancy program agreed with BMW’s works council. Production operations were excluded.
Because the 8,000 figure is an approximation rather than a clean company-published number, it is included in the expanded total but excluded from the conservative total.
Energy and utilities companies also appeared in the July dataset.
These events were tied to profit pressure, cost reduction, organizational simplification, debt reduction, and renewed focus on core operations.
Centrica (OTC: CPYYY) announced 1,300 job cuts on July 22.
The cuts were tied to cost reduction and restructuring as first-half profit declined 18%.
Key data:
Price: $8.34
Date: July 22, 2026
Session: After-hours
Subsequent move shown: -11.100%
52-week range: $8.28 to $12.15
Centrica is an energy and utilities company with operations tied to energy supply, services, trading, and infrastructure.
The event is included in both the conservative and expanded worker totals.
BP announced approximately 700 job cuts on July 30.
The move was tied to organizational simplification, debt reduction, stronger profit focus, and renewed concentration on core oil-and-gas operations.
BP is a global energy company operating across oil, gas, refining, trading, convenience, and low-carbon energy businesses.
Market reaction was not included in the LevelFields dataset.
Healthcare and biotech events were more mixed.
Some involved cost alignment and clinical focus, while others involved restructuring programs with undisclosed headcount.
Clinuvel Pharmaceuticals announced a reduction of 10% to 20% of its global workforce on July 23.
The move was tied to aligning operating expenses with revenue and concentrating resources on clinical and commercial priorities.
Key data:
Price: $7.62
Date: July 23, 2026
Session: Premarket
Initial impact: +8.702%
52-week range: $5.98 to $9.00
Clinuvel Pharmaceuticals is a biotechnology and pharmaceutical company focused on treatments for rare and genetic disorders.
Because the dataset only disclosed a percentage range, the event is excluded from worker totals.
Boston Scientific Corporation (NYSE: BSX) announced a global restructuring event on July 27.
The company did not disclose a headcount figure.
The restructuring was tied to supply-chain optimization, manufacturing transfers, organizational restructuring, and cost efficiency.
Boston Scientific disclosed an estimated termination-benefit reserve of $275 million to $300 million, region-specific plans to be developed with employee representative bodies where required, and expected annual gross savings of approximately $500 million once fully implemented.
Boston Scientific develops medical devices and therapies across cardiovascular, electrophysiology, endoscopy, urology, neuromodulation, and other medical technology categories.
The event is included in the event count but excluded from all worker totals.
Financial services and payments appeared through Visa, which was also counted in the technology-related group because AI and operational shifts were part of the event.
Visa’s cuts were tied to operating efficiency and reinvestment into higher-growth opportunities. The market reaction was positive, suggesting investors viewed the move as margin-supportive rather than a sign of weak demand.
July’s layoff activity was not limited to technology, autos, energy, or healthcare.
Freight, legal services, online betting, and specialty chemicals also appeared in the dataset.
ArcBest Corporation (NASDAQ: ARCB) announced a workforce reduction of approximately 2% on July 16.
The move was tied to brand consolidation and organizational restructuring.
Key data:
Price: $138.53
Date: July 16, 2026
Session: Intraday
Initial impact: -7.325%
52-week range: $59.43 to $176.69
ArcBest is a freight transportation and logistics company providing less-than-truckload, truckload, managed logistics, and supply chain services.
Because an absolute headcount was not disclosed, the event is excluded from combined worker totals.
The July data points to four main trends.
First, technology had the most separate announcements. Microsoft, Thomson Reuters, Samsung, Magic Leap, Intel, Patreon, Amazon, monday.com, ServiceNow, Uber, and Visa were all tied to technology restructuring, AI adoption, automation, or changing operating priorities.
Second, automotive had the biggest disclosed worker impact. Porsche and BMW accounted for approximately 13,000 positions, or slightly more than half of the expanded total.
Third, AI was a recurring factor, but not always the sole reason. Some companies used AI to automate or redesign work. Others were cutting in one area while investing more in AI-related roles, infrastructure, or higher-growth priorities.
Fourth, positive stock reactions were common despite the negative labor impact. Clinuvel, Stepan, Thomson Reuters, ServiceNow, monday.com, and Visa initially traded higher after their identified events, while ArcBest, Intel, Uber, and Amazon initially declined.
July’s layoff activity showed that workforce cuts are not always interpreted the same way by the market.
Layoffs tied to weak demand, margin pressure, or restructuring can signal business stress.
Layoffs tied to AI, automation, cost discipline, or capital reallocation can sometimes be viewed as margin-supportive, especially when investors believe the cuts help improve efficiency.
The important distinction is whether the reductions are defensive or strategic.
Technology had the broadest number of events, automotive had the largest disclosed headcount impact, and energy, healthcare, legal, gaming, freight, and chemicals showed that restructuring pressure was spreading across sectors.
Platforms like LevelFields track layoffs, market catalyst, activist investors, leadership changes, dividend increases, margin expansion, and stock reactions together, helping investors identify when job cuts are moving stocks because of cost savings, operating pressure, or changing growth priorities.
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