From Amazon and Oracle to Meta, Microsoft and Etsy, here are 20 major layoffs announced or carried out in 2026 through August.
Browsing: Corporate layoffs
Visa cuts 2,600 jobs globally, fueling debate over whether corporate layoffs are driven by performance or cost-cutting strategies.
Walmart will lay off 306 Silicon Valley employees in August as it restructures technology teams to streamline operations and boost efficiency
The digital brokerage is eliminating about 290 full-time roles from a position of institutional strength to remove management layers.
The company spent $569 million in severance payments in this period, compared with $693 million a year ago, its annual report showed
Amazon plans 2,200 job cuts in Washington, adding to massive layoffs as leadership restructures amid technology shifts.
Citigroup plans to cut around 1,000 jobs this week as part of a broader restructuring push, joining Meta and BlackRock amid rising global layoffs.
Major U.S. corporate layoffs in 2025 across tech, retail and services highlight restructuring, AI impact and job insecurity.
Starbucks CEO Brian Niccol launches a $1 billion restructuring plan with store closures, staff cuts, and reinvestments in coffeehouse designs to revitalize the struggling chain.
Shailesh Jejurikar, P&G’s COO since 2021, will succeed Jon Moeller as CEO, marking a major leadership shift amid layoffs and rising tariff costs.