February 2026 Sees 80 Job Cuts in Arizona Amid Corporate Restructuring

February 2026 mass layoffs in Arizona include luxury retailer Rey Covarrubias Jr.   Arizona Republic {"headline":"Washington Post layoffs cut staff and close multiple desks","id":"88509563007","promoBrief":"The Washington Post faces significant layoffs, closing desks and cutting staff. Find out more about the impact of these changes.","shortHeadline":"Washington Post layoffs cut staff","title":"Washington Post layoffs cut staff, close desks","type":"video","adsEnabled":true,"awsPath":"news","brightcoveAccountId":"","brightcoveId":"","byline":"","embedURL":"","hlsURL":"https://hlsmedia.gannett-cdn.com/authoring/videos/stringr/renditions/88509563007/e7306162-dc2c-4c42-8a07-38b111705cd6/480p_30fps,720p_30fps,1080p_30fps,master.m3u8","initialPublishDate":"2026-02-04T17:14:34.414564824Z","keywords":"AI-Generated Asset,Washington Post,Job Layoffs,News,Company News,Overall Negative","mp4URL":"https://www.gannett-cdn.com/authoring/videos/stringr/renditions/88509563007/e7306162-dc2c-4c42-8a07-38b111705cd6/1080p_30fps.mp4","origin":"Stringr","pageURL":{"long":"https://www.usatoday.com/videos/news/2026/02/04/washington-post-layoffs-cut-staff-close-desks/88509563007/","short":"https://www.usatoday.com/videos/news/2026/02/04/washington-post-layoffs-cut-staff-close-desks/88509563007/"},"renditions":[{"duration":43000},{"duration":43000},{"duration":43000},{"duration":43000},{"duration":43000},{"duration":0},{"duration":0},{"duration":0}],"series":"","ssts":{"path":"news","section":"news","taxonomyEntityDisplayName":"News"},"videoStill":"https://www.gannett-cdn.com/authoring/authoring-images/2026/02/04/USAT/88509685007-getty-images-2259882029.jpg?crop=1023,576,x0,y106"} Show Caption Hide Caption #videoDetailsToggle{color:var( --color-dove-gray,rgba(0,0,0,.6));cursor:pointer;display:inline-block;font-family:var(--sans-serif,sans-serif);font-size:var(--type-7);font-weight:var( --font-weight-bold,900);line-height:var(--spacer-twentyfour,24px);margin-bottom:-8px}#vdt_hide{margin-bottom:10px}.vdt-flex[hidden]{display:none}.vdt-svg{fill:var( --color-dove-gray,rgba(0,0,0,.6));height:var(--spacer-twentyfour,24px);width:var(--spacer-twentyfour,24px)} (function() { let vdContainer, vdShow, vdHide, flagCaption = false, vdToggle = document.getElementById('videoDetailsToggle'), section = ga_data.route.sectionName || ga_data.route.ssts.split('/')[0], subsection = ga_data.route.ssts.split('/')[1]; vdToggle.addEventListener('click', ()=> { // query dom only after user click if (!vdContainer) { vdContainer = document.getElementById('videoDetailsContainer'); vdShow = document.getElementById('vdt_show'), vdHide = document.getElementById('vdt_hide'); } vdContainer.hidden = !(vdContainer.hidden); // show/hide elements if (vdContainer.hidden) { vdShow.hidden = false; vdHide.hidden = true; } else { if (!flagCaption) { flagCaption = true; fireCaptionAnalytics() } vdShow.hidden = true; vdHide.hidden = false; } }); function fireCaptionAnalytics () { let analytics = document.getElementById("pageAnalytics"); try { if (analytics) { analytics.fireEvent(`${ga_data.route.basePageType}|${section}|${subsection}|streamline|expandCaption`); } else { if (window.newrelic) window.newrelic.noticeError('page analytics tag not found'); } } catch (e) { if (window.newrelic) window.newrelic.noticeError(e); } } }()); Washington Post layoffs cut staff, close desks The Washington Post faces significant layoffs, closing desks and cutting staff. Find out more about the impact of these changes. Arizona employers signaled at least 80 job cuts in February, with most tied to retail operations in Phoenix. The largest filing came from Saks & Company, which reported 67 layoffs at its Camelback Road location. The notices do not suggest a broad-based wave of job losses. But they show how national restructuring, including Saks’ bankruptcy, is beginning to show up locally. Two smaller filings from Lowe’s and Liberty Dental Plan added to the month’s total. For now, Arizona’s layoffs remain limited and concentrated. The question is whether March filings stay contained or spread beyond retail. Arizona’s job market entered 2026 stable but growing more slowly than usual. The state added 24,600 jobs in 2025, a 0.7% increase to end the year, according to the Arizona Office of Economic Opportunity, but the unemployment rate stood at 4.3% in December. Economists described the trend as “ no hire, no fire, ” meaning Arizona employers are not engaged in widespread layoffs, but not adding jobs at the pace Arizona typically sees in stronger years. Luxury retailer Saks & Company cuts jobs Luxury retailer Saks & Company LLC reported the largest February layoff. The company filed notice on Feb. 10 indicating that 67 employees at its Camelback Road location in Phoenix would be affected. That single filing accounts for more than 80% of the WARN activity reported in February. Retail jobs are often among the first to adjust when spending softens. Large reductions at a single store or corporate loc