Layoffs tracker lists cuts at Squarespace, Canva and Block; Disney reportedly planning more
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A tech layoffs tracker lists November job cuts at Squarespace, Canva and Block, among many others in 2026. Disney is reportedly planning layoffs, but they have not been confirmed.
A tech layoffs tracker lists job cuts at a long run of companies in 2026. According to TrueUp, more than 200,000 tech workers have been laid off so far this year, a faster pace than in 2025, when over 245,000 were let go across the full year.
In November, Squarespace said it is cutting 19% of its workforce, about 300 people. A company representative told TechCrunch the changes are meant to simplify operations and sharpen priorities. Canva's layoffs affect 22% of staff, just over 1,200 employees, and according to reports the company is merging its product, growth and platform teams. Block has begun a second round of cuts after earlier eliminating more than 4,000 jobs this year. Reports say teams at Cash App and Square were affected, but the company reportedly has not disclosed how many jobs are involved.
Disney is reportedly planning to lay off thousands of workers as part of an effort to cut annual costs by 20%, according to people familiar with the matter. The layoffs have not been confirmed.
Microsoft is reportedly offering voluntary buyouts to 60,000 employees in several divisions, including Xbox, Windows, Copilot and finance. Earlier, Xbox chief Asha Sharma said 3,200 Xbox roles would be cut through fiscal year 2027.
Oracle said in a filing on June 23 that it cut 21,000 jobs over the past year, roughly 13% of its workforce, and that AI adoption has led to workforce reductions. It reportedly began another round of layoffs in September, with the number unknown.
