Amazon began layoffs, reportedly affecting as many as 10,000 employees. That follows job cuts at Meta, Twitter, and Stripe, with CEOs citing economic uncertainty and a slowdown in online ad buying.

CEO Mark Zuckerberg apologizes for the layoffs, which represent the first large-scale workforce reduction in the company's 18-year history.

New owner Elon Musk moved swiftly to fire thousands, saying "unfortunately there is no choice" when Twitter is bleeding money. Critics called for an ad boycott.

Robinhood – the company that became a household name during the pandemic – is cutting staff, citing a deteriorating economy and worsening market.

It's still a worker's job market, with 11.3 million open jobs at the end of May, according to new data from the Labor Department.

Tesla, JPMorgan, Netflix, Redfin and Coinbase are among companies that are cutting jobs. While layoffs are contained to the hottest parts of the economy, there's fear they could spread elsewhere.

Musk wants the electric auto maker to cut 10% off its staff according to a Reuters report.

Airlines have furloughed tens of thousands of employees. Now they wonder what they'll do next. For some it's a career change; for others it's finding a temporary job until the industry recovers.