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Credit Karma is laying off 117 employees. These job cuts are tied to its Oakland, California office. The layoffs are part of a broader restructuring by parent company Intuit. Intuit plans to cut 3,000 global jobs, focusing on AI and leaner operations. These reductions occur despite Credit Karma's recent revenue growth.
Oakland, California
https://www.thestreet.com/employment/credit-karma-lays-off-hundreds-despite-631m-revenue-jump
The Oakland City Council approved mid-cycle amendments to its $4 billion budget. The revised plan includes no layoffs for city employees. Key investments target affordable housing, homeless services, and public safety. The budget also focuses on reducing long-term pension obligations. Some council members expressed concerns about public safety funding and 911 response times.
https://abc7news.com/post/oakland-city-council-approves-mid-cycle-amendments-4-billion-budget-layoffs-measure-failure/19292791/
Intuit and Credit Karma recently conducted layoffs. These cuts affected hundreds of workers. Employees in Oakland, San Francisco, and Mountain View were impacted. The layoffs occurred across the Bay Area. This represents a mass reduction in staff.
Oakland, California
https://www.bizjournals.com/sanfrancisco/news/2026/05/21/intuit-layoffs-credit-karma-oakland-mountain-view.html
Oakland faces a projected 129 million dollar one year budget shortfall and is pivoting to a back to basics approach. City leaders say priorities remain community safety, housing security, essential services, and collecting owed revenues. At a budget hearing, staff outlined difficult choices needed to rein in spending and balance the books.
If approved Dec 17, phase one would cut a little over 204 million dollars. Measures include reductions to city staff and police overtime, postponing one police academy, browning out two fire stations, and transferring money into the general fund from other sources. Proposed shifts include about 6 million dollars from the Affordable Housing Trust Fund, about 15 million dollars from the Self Insurance Liability Fund, and nearly 10 million dollars from the Emergency Reserve fund that exceeds policy minimums.
Web to Door
Richmond CA, Milpitas CA, Oakland CA
Departments affected: Amazon delivery operations
Web to Door, a San Leandro CA–based Amazon delivery partner, will cease operations at three locations in Richmond, Milpitas, and Oakland, eliminating 192 jobs by October 27. The decision follows WARN filings and aligns with other logistics-sector reductions in the Bay Area.
Richmond CA, Milpitas CA, Oakland CA
https://www.thestar.com.my/tech/tech-news/2025/08/30/after-trump-announcement-intel-among-several-companies-to-make-job-cuts
https://www.warntracker.com/company
https://www.crainsdetroit.com/manufacturing/ev-battery-maker-samsung-sdi-lay-179-oakland-county