February 2026 mass layoffs in Arizona include luxury retailer

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…

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