Layoffs news and trends

Meta Prepares 8,000 Layoffs to Offset AI Infrastructure Investments

April 23, 2026
Meta layoffs
FinTechs Cut Staff as AI and Margins Redefine Growth
Personnel // April 22, 2026

Across FinTech, the workforce is getting smaller. Leadership teams are calling it a recalibration. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

Verizon’s Dan Schulman Tells CEOs to Be Open About AI Job Cuts
artificial intelligence // April 19, 2026

Verizon’s CEO wants his contemporaries to be open about artificial intelligence-related job losses. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....

Bolt Cuts Third of Staff Amid New AI Focus
Digital Payments // April 05, 2026

Bolt has cut at least a third of its workforce amid reports of financial pressures. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

CFPB Seeks to Shed Two-Thirds of Workforce
CFPB // April 01, 2026

The Trump administration aims to get its plan to shrink the Consumer Financial Protection Bureau (CFPB) past legal challenges by reducing the scope of the cuts from nearly 90% to about 66%, Reuters reported Wednesday (April 1), citing court documents. Get the Full Story Complete...

Interviews & Exclusives
Beyond the Numbers: Decoding the JOLT Report’s Impact on Consumer Spending

December 03, 2024
Earlier this year, PYMNTS Intelligence found that only a minority of workers surveyed — at 20% — said that it was “very or extremely” likely that they’d switch jobs in the next year. At the same time, we noted that 83% of consumers eyed 2024 with concerns about the economy. Only 38% of consumers said […]

Contradictions Rule as AI Meets the Future of Work

February 13, 2024
The intersection of artificial intelligence (AI) and the future of work is crowded and a bit confusing these days. Get the Full Story Complete the form to unlock this article...

Walmart Aims to Be an AI Concierge as Amazon Expands Buy With Prime

January 12, 2024
From Walmart looking to be a personal shopping concierge to Amazon expanding its Buy with Prime to more platforms and leveraging tech to help consumers manage their healthcare, the two...

Consumers Now Want Digital in Everything, Everywhere, All at Once, Study Finds

March 29, 2023
Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Quick Reads
Meta Prepares 8,000 Layoffs to Offset AI Infrastructure Investments

April 23, 2026
Meta plans to cut 10% of its workforce, or about 8,000 employees, and will not fill 6,000 open roles, Bloomberg reported Thursday (April 23), citing a memo the company sent to employees. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional […]

Verizon’s Dan Schulman Tells CEOs to Be Open About AI Job Cuts

April 19, 2026
Verizon’s CEO wants his contemporaries to be open about artificial intelligence-related job losses. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Bolt Cuts Third of Staff Amid New AI Focus

April 05, 2026
Bolt has cut at least a third of its workforce amid reports of financial pressures. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

CFPB Seeks to Shed Two-Thirds of Workforce

April 01, 2026
The Trump administration aims to get its plan to shrink the Consumer Financial Protection Bureau (CFPB) past legal challenges by reducing the scope of the cuts from nearly 90% to...