Sacramento-based Summit Funding, Inc. has reported upcoming layoffs scheduled for May. According to a Worker Adjustment and Retraining Notification (WARN) filing, 163 employees will be permanently laid off.
The notice was issued on March 19, 2026, processed on March 23, and lists May 17, 2026 as the effective date for the layoffs.
The layoffs will impact employees at the company’s office at 2135 Butano Drive, Suite 150, in Sacramento, according to the WARN filing…