July layoffs 33,429Prior 45,849US-based employers announced 33,429 job cuts in July, which marks a 27% decline compared to the 45,849 layoffs announced in May. Through July this year, the total job cuts announced this year is 477,033. There were 9,867 job cuts announced, bringing the total year-to-date figure to 149,023 in 2026. The total year-to-date figure for this year is a significant increase (67%) to last year's figure through July. Of note, AI led all reasons for job cuts in July once again with 10,970 layoffs announced.