Recent layoffs

• Meta

  May 20, 2026

  ~8,000 employees laid off

  Restructuring around AI: cutting roughly 10% of staff and canceling 6,000 open roles to fund a $125-145B AI infrastructure push and reorganize teams into AI-focused 'pods'.

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• Intuit

  May 20, 2026

  ~3,000 employees laid off

  Cutting roughly 17% of the workforce to reduce organizational complexity, eliminate redundant roles and reallocate resources toward AI capabilities.

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• Acrisure

  May 20, 2026

  ~2,250 employees laid off

  Eliminating about 11% of the workforce as the insurance brokerage shifts investment toward technology, AI and digital platforms.

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• Standard Chartered

  May 19, 2026

  ~8,000 employees laid off

  Plan to eliminate more than 15% of corporate support roles in HR, risk, compliance and operations over four years as automation and AI streamline the bank.

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• Inter IKEA Group

  May 18, 2026

  ~850 employees laid off

  Cost-cutting drive at the IKEA franchiser as global consumer spending falls and the company streamlines operations.

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• General Motors

  May 15, 2026

  ~550 employees laid off

  Salaried cuts concentrated in IT operations as Detroit automakers restructure white-collar functions amid the rise of AI and shifting industry technology.

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• UPS

  Apr 29, 2026

  ~30,000 employees laid off

  Operational job cuts and facility closures tied to pulling back from its Amazon partnership and expanding automation, projected to save roughly $3 billion.

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• Saks Global

  Apr 15, 2026

  ~640 employees laid off

  Cutting roughly 16% of the corporate workforce to reflect a 'smaller operational footprint' as the luxury retailer works through Chapter 11 restructuring following its Neiman Marcus acquisition.

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• Oracle

  Mar 31, 2026

  ~25,000 employees laid off

  Roles eliminated as part of a broader organizational change, with the company redirecting capital toward a massive AI infrastructure buildout that its current balance sheet cannot comfortably fund.

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• Atlassian

  Mar 11, 2026

  ~1,600 employees laid off

  Structural realignment to become an 'AI-first company,' redirecting resources toward AI development and enterprise sales while reorganizing teams for speed and focus.

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• Heineken

  Feb 11, 2026

  ~6,000 employees laid off

  Cost reduction amid declining beer sales, with AI and digitization centralizing business services to deliver up to €500 million in annual productivity savings.

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• Washington Post

  Feb 4, 2026

  ~360 employees laid off

  Sweeping newsroom cuts ordered by owner Jeff Bezos to narrow the paper's focus largely to politics and national security, eliminating the sports and books desks and shrinking metro and foreign coverage.

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Sources are linked per item. Numbers reflect what each outlet reported at the time and may have been revised since.