Tech layoffs November update: Job cuts hit workers at Amazon, Angi, Block, Canva, and Squarespace
Published . Updated .
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This report does not map to a usual set of affected companies.
Directly affected
Indirectly affected
- XLY Consumer Discretionary Select Sector SPDR+5.7% 30d
Consumer Discretionary Select Sector SPDR holds the consumer sector that Amazon.com belongs to, so it often moves with news about it.
- CPNG Coupang+22.8% 30d
Coupang is a peer of Amazon.com in catalog and mail-order houses; rivals often move on the same news.
- CDW Cdw+15.4% 30d
Cdw is a peer of Amazon.com in catalog and mail-order houses; rivals often move on the same news.
- W Wayfair
Wayfair is a peer of Amazon.com in catalog and mail-order houses; rivals often move on the same news.
- CHWY Chewy+3.5% 30d
Chewy is a peer of Amazon.com in catalog and mail-order houses; rivals often move on the same news.
- NSIT Insight Enterprises+9.8% 30d
Insight Enterprises is a peer of Amazon.com in catalog and mail-order houses; rivals often move on the same news.
- OMC Omnicom Group+16.5% 30d
Omnicom Group is a large consumer company like Angi; big names in a sector often move together.
- V Visa+18.7% 30d
Visa is a large consumer company like Angi; big names in a sector often move together.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| AMZN | -7.79% | -3.81% | base | +0.85% | after close | after close | after close |
| ANGI | -17.95% | -22.74% | base | +0.96% | after close | after close | after close |
| XLY | -1.93% | -0.26% | base | +0.75% | after close | after close | after close |
| CPNG | -12.62% | -7.27% | base | -1.09% | after close | after close | after close |
| CDW | -2.78% | -5.53% | base | -1.18% | after close | after close | after close |
| W | +2.21% | -1.85% | base | +0.04% | after close | after close | after close |
| CHWY | -7.52% | -4.13% | base | -2.93% | after close | after close | after close |
| NSIT | +12.73% | +9.11% | base | +2.59% | after close | after close | after close |
| OMC | -6.76% | -4.62% | base | -1.32% | after close | after close | after close |
| V | -2.10% | -0.48% | base | +0.18% | after close | after close | after close |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
Tech layoffs November update: Job cuts hit workers at Amazon, Angi, Block, Canva, and Squarespace Fast Company
Source: Fast Company
This story
| Company | When | Move | Status |
|---|---|---|---|
| AMZN | that day | +0.85% | still updating |
| AMZN | three days earlier | -3.81% | final price |
| AMZN | five days earlier | -7.79% | final price |
| ANGI | that day | +0.96% | still updating |
| ANGI | three days earlier | -22.74% | final price |
| ANGI | five days earlier | -17.95% | final price |
| CDW | that day | -1.18% | still updating |
| CDW | three days earlier | -5.53% | final price |
| CDW | five days earlier | -2.78% | final price |
| CHWY | that day | -2.93% | still updating |
| CHWY | three days earlier | -4.13% | final price |
| CHWY | five days earlier | -7.52% | final price |
| CPNG | that day | -1.09% | still updating |
| CPNG | three days earlier | -7.27% | final price |
| CPNG | five days earlier | -12.62% | final price |
| NSIT | that day | +2.59% | still updating |
| NSIT | three days earlier | +9.11% | final price |
| NSIT | five days earlier | +12.73% | final price |
| OMC | that day | -1.32% | still updating |
| OMC | three days earlier | -4.62% | final price |
| OMC | five days earlier | -6.76% | final price |
| V | that day | +0.18% | still updating |
| V | three days earlier | -0.48% | final price |
| V | five days earlier | -2.10% | final price |
| W | that day | +0.04% | still updating |
| W | three days earlier | -1.85% | final price |
| W | five days earlier | +2.21% | final price |
| XLY | that day | +0.75% | still updating |
| XLY | three days earlier | -0.26% | final price |
| XLY | five days earlier | -1.93% | final price |
Trades by members of Congress and officials in the stocks in this story
- Rep. Pete Sessions sold Amazon Com (AMZN), worth $15,001 - $50,000 on 27 Oct 2026. That is 10 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Pete Sessions sold Amazon Com (AMZN) (held by a spouse), worth $100,001 - $250,000 on 2 Oct 2026. That is 35 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Michael T. McCaul sold Amazon Com (AMZN) (held by a spouse), worth $1,001 - $15,000 on 28 Aug 2026. That is 70 days before publication. Filed 14 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, bought Coupang (CPNG), worth $15,001 - $50,000 on 28 Aug 2026. That is 70 days before publication. Filed 8 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, bought Coupang (CPNG), worth $1,001 - $15,000 on 10 Aug 2026. That is 88 days before publication. Filed 8 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, sold CDW, worth $500,001 - $1,000,000 on 21 Aug 2026. That is 77 days before publication. Filed 8 Oct 2026. View the filing.
- Rep. Gilbert Cisneros bought CDW, worth $1,001 - $15,000 on 19 Aug 2026. That is 79 days before publication. Filed 10 Sep 2026. View the filing.
- Rep. David J. Taylor sold Visa (V), worth $1,001 - $15,000 on 15 Oct 2026. That is 22 days before publication. Filed 29 Oct 2026. View the filing.
- Rep. Pete Sessions sold Visa (V) (held by a spouse), worth $15,001 - $50,000 on 2 Oct 2026. That is 35 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Visa (V) (held by a spouse), worth $1,001 - $15,000 on 25 Sep 2026. That is 42 days before publication. Filed 7 Oct 2026. View the filing.
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
This story
12 out of 100Price not final
“Tech layoffs November update: Job cuts hit workers at Amazon, Angi, Block, Canva, and Squarespace” scores 12 out of 100. The score uses 1 sources. The price is not final yet.