March 16 (Reuters) – The start of the year has seen massive layoffs across U.S. companies as they streamline operations amid rising adoption of artificial intelligence tools. Meta Platforms is planning significant layoffs that could affect 20% or more of the company, Reuters reported exclusively last week, citing three sources familiar with the matter, as […]
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Factbox-Corporate America continues job cuts in 2026 in efficiency push
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March 16 (Reuters) – The start of the year has seen massive layoffs across U.S. companies as they streamline operations amid rising adoption of artificial intelligence tools.
Meta Platforms is planning significant layoffs that could affect 20% or more of the company, Reuters reported exclusively last week, citing three sources familiar with the matter, as the social media giant seeks to offset the massive spending required to compete in generative AI.
Tech giant Amazon said late in January that it was cutting 16,000 roles worldwide in the second major round of job cuts at the company in three months.
Here are some of the U.S. companies that have announced job cuts so far in 2026:
Sect Date of Company Job Cuts % of Total Notes
or Announc Workforce
ement
Technology
January Pintere Less than Reallocating
st 780 Less than resources to
15% artificial
intelligence-
focused roles
and strategy
January Autodes Roughly 7% Aiming to
k About 1,000 redirect
spending to
the cloud
platform and
artificial
intelligence
efforts
January * Meta Unknown Shifting
10% of focus to
employees wearables
in the from some
Reality virtual
Labs reality
division products
January Amazon Target of
Roughly 30,000 jobs Part of the
16,000 represents broader goal
nearly 10% of trimming
of the some 30,000
corporate corporate
workforce workers
January Angi Roughly Unknown AI-driven
350 efficiency
improvements
Februar Washing Unknown Shrinking
y ton A third news coverage
Post
Februar Workday Unknown About 2% Realigning
y resources
towards top
priorities
Februar C3.ai About 307 26%
y Restructuring
under the new
CEO to
improve
operating
efficiency
March Atlassi Roughly 10% CEO says
an 1,600 company’s
actions
reflect
efforts to
self-fund
further
investment in
AI and
enterprise
sales
To offset
Expected to 20% or more costly
March Meta affect artificial
Platfor roughly infrastructur
ms 15,800 or e bets and
more, prepare for
according greater
to Reuters efficiency
calculation brought on by
s AI-assisted
workers,
Reuters
reported
exclusively
Consumer and Retail
January Home Unknown Part of its
Depot 800 goal to
improve
efficiency
January ** Unknown Consolidating
Nike 775 operations
footprint
Resources
January Dow 13% Restructuring
4,500 aimed at
lifting
profitability
by at least
$2 billion
January Tronox 550 in Unknown Fuzhou
China pigment plant
closure due
to weak
Chinese
domestic
demand and
increasing
costs
Manufacturing
January FedEx Unknown Overhauling
Up to France
500 in operations
France and trimming
station
footprint
January United Unknown Reducing
Parcel Up to low-margin
Service 30,000 Amazon
delivery
volumes
January Peloton Unknown Cost cuts
Interac 11% amid
tive turnaround
efforts
Finance
January *** Unknown
Citigro About 1,000 Part of
up previously
announced
plan to shed
20,000 jobs
by 2026
January Masterc Unknown Refocusing
ard About 4% investments
in other
areas
Februar Gemini About 25% Winding down
y Space Up to 200 some
Station international
operations to
support path
to
profitability
Februar Block Nearly CEO Jack
y Over 4,000 half Dorsey said
AI is
allowing the
company to
build and run
the business
with fewer
people
March **** 3% Cuts affect
Morgan About 2,500 all three
Stanley divisions at
the bank and
are based on
individual
performance
and broader
strategy
* Meta plans to cut around 10% of the employees in its Reality Labs division who work on products including the metaverse, according to a New York Times report
** Nike is laying off 775 employees, primarily impacting distribution center roles in Tennessee and Mississippi, a source familiar with the matter told Reuters
*** Citigroup will cut about 1,000 jobs as part of a plan announced two years ago to reduce the workforce by 20,000, a source familiar with the matter told Reuters
**** Morgan Stanley has cut about 3% of its workforce, or roughly 2,500 employees, across all divisions, a person familiar with the matter told Reuters
(Editing by Sahal Muhammed)