UPDATE: Rumored Layoffs for the Remainder of Q3 2026

At the beginning of this quarter, we released a list of rumored layoffs for the remainder of Q3 in the tech industry. Here’s what ended up shaking out the last three months:

Netflix 

• Predicted: According to posts, Netflix is set to layoff 3,000 employees on August 4. 
• Actual: Layoffs at Netflix were limited to the Gaming org of the streaming platform. 

Pfizer

• Predicted: Pfizer’s New York office is “confirmed” on the layoff list where approximately 2,000 employees will be impacted on August 9.
• Actual: There are ongoing layoffs at the pharma company as part of its major restructuring planned over the next two years. Rather than letting go mass numbers of employees at once, the company seems to be working through different sectors and teams, letting go 25-100 employees at a time.

Salesforce

• Predicted: Also unconfirmed but rumored are layoffs at PayPal on August 24, with a whopping 4,600 employees globally expecting an unwelcome message in their inbox.
• Actual: The company continued layoffs in August, affecting positions across Tableau, Trailhead, community engagements, events, and more. This marks the company’s fourth round of cuts this year. 

Expedia

• Predicted: The data is unknown but suspected to be in August. Expedia employees are hearing whispers of over 1,500 employees losing their jobs globally. 
• Actual: The cuts at Expedia were smaller and more targeted than expected. In August, eight executives were let go as part of the company’s greater AI-restructuring plan.

Where we did not see layoffs:

• Intuit
• Meta
• Credit Karma
• Tesla
• PayPal

According to posts and Blind’s layoff tracker, there are going to be a few heavy hitting layoffs in the coming months.

Stay in the loop and be prepared. Here’s what we’re seeing:

Meta

It seems Meta is always on a list where layoffs are concerned. According to rumors on Blind, up to 2,500 employees will be impacted by layoffs before the end of July. Speculated locations include California and Washington.

Credit Karma & Intuit

These two financial companies are rumored to be laying off a few hundred employees at the end of July, targeting California employees.

Netflix

According to posts, Netflix is set to layoff 3,000 employees on August 4. The company has stayed quiet about layoffs recently and if this is true, assume it will be a big hit in the media.

Pfizer

Pfizer’s New York office is “confirmed” on the layoff list where approximately 2,000 employees will be impacted on August 9.

Salesforce

While Salesforce conducted layoffs already this quarter, employees are speculating another round to occur mid-August.

Tesla

August 19 is the date Tesla employees are not looking forward to, as 1,000 employees are suspected to be laid off from the company.

PayPal

Also unconfirmed but rumored are layoffs at PayPal on August 24, with a whopping 4,600 employees globally expecting an unwelcome message in their inbox.

Expedia

The data is unknown but suspected to be in August. Expedia employees are hearing whispers of over 1,500 employees losing their jobs globally. 

Blind’s layoff tracker is built solely on information submitted by Blind users. If you hear or see something regarding layoffs at your company, submit the news so others can be informed.