Factbox: Corporate America continues job cuts in 2026 in efficiency push

Angi

28/01/2026 12:28

Jan 28 (Reuters) - Less than 30 days into 2026, U.S. companies across sectors have announced layoffs as they cut costs and simplify operations in the backdrop of rising adoption of artificial intelligence tools.

On Wednesday, tech giant Amazon AMZN.O became the latest, 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:

Sector
Date of Announcement
Company
Job Cuts
% of Total Workforce
Notes
Technology
January
Pinterest PINS.N
Less than 780
Less than 15%
Reallocating resources to artificial intelligence-focused roles and strategy
January
Autodesk ADSK.O
About 1,000
Roughly 7%
Aiming to redirect spending to cloud platform and artificial intelligence efforts
January
* Meta META.O
10% of employees in Reality Labs division
Unknown
Shifting focus to wearables from some virtual reality products
January
Amazon AMZN.O
Roughly 16,000
Target of 30,000 jobs represents nearly 10% of corporate workforce
Part of broader goal of trimming some 30,000 corporate workers
January
Angi ANGI.O
Roughly 350
Unknown
AI-driven efficiency improvements
Consumer and Retail
January
** Nike NKE.N
775
Unknown
Consolidating operations footprint
Resources
January
Tronox TROX.N
550 in China
Unknown
Fuzhou pigment plant closure due to weak Chinese domestic demand and increasing costs
Manufacturing
January
FedEx FDX.N
Up to 500 in France
Unknown
Overhauling France operations and trimming station footprint
January
United Parcel Service UPS.N
Up to ​30,000
Unknown
Reducing low-margin Amazon delivery volumes
Finance
January
*** Citigroup C.N
About 1,000
Unknown
Part of previously announced plan to shed 20,000 jobs by 2026

* 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

 (Reporting by Arasu Kannagi Basil in Bengaluru; Editing by Sahal Muhammed)

 ((ArasuKannagi.Basil@thomsonreuters.com;))