Corporate America’s big job cuts in 2026 - What do we know so far?
View original at seekingalpha.comCorporate America’s big job cuts in 2026 - What do we know so far? Corporate workers in America have faced the brunt of job cuts since the start of the year…
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Atlassian will reduce its global headcount by about 10%, or 1,600 roles
60% confidencePinterest would trim its workforce by less than 15% and shutter some offices
60% confidenceASML plans to cut about 1,700 jobs, mainly across its technology and IT units
60% confidenceCitigroup plans to eliminate about 1,000 jobs
60% confidence48% of companies are planning layoffs in 2026, with 17% going for job cuts definitely and 31% probably going for job cuts in Q1. Another 8% expect layoffs later in 2026.
60% confidenceNike plans to cut 775 jobs at the company's distribution centers
60% confidencePeloton announced plans to cut about 11% of its workforce
60% confidenceDow will slash 4,500 jobs, or 13% of its total workforce
60% confidenceAmazon plans to cut about 16,000 corporate jobs
60% confidenceDisney is preparing to eliminate about 1,000 positions, primarily targeting the company's marketing department
60% confidenceThe cutbacks will impact a large portion of the company's total workforce
60% confidenceMeta is planning to initiate widespread layoffs that could impact 20% or more of the company's workforce
60% confidenceUPS plans to eliminate an additional 30,000 jobs this year
60% confidenceMore than 700,000 tech layoffs since 2022 largely reflect a pullback from pandemic-era overhiring
60% confidenceOver 20 companies filed WARN notices in April 2026
60% confidenceAutodesk will be letting go about 7%, or roughly 1,000 of its employees worldwide as part of a restructuring
60% confidenceMore than 100 companies are planning to cut jobs in 2026
60% confidencePinterest's 15% job cuts could translate to $175M in annual savings
60% confidenceSnap will cut about 1,000 jobs, around 16% of its workforce, and close 300+ open roles
60% confidence