The Layoffs List of 2026: Amazon, Pinterest, Saks

Amazon stated in January that it’s eliminating round 16,000 corporate roles globally.

This marks its second spherical of mass layoffs since October, when the tech and retail big shed 14,000 roles.

Beth Galetti, senior vp of individuals expertise and expertise, described the transfer in an organization memo as a part of broader efforts to chop again on paperwork inside the corporate.

Angi, the favored contractor itemizing web site as soon as often called Angie’s Checklist, stated in January that it was reducing round 350 jobs “to cut back working bills and optimize the organizational construction in help of long-term progress.” The corporate additionally stated it is making the cuts “in mild of AI-driven effectivity enhancements.”

In a January 7 SEC submitting, Angi stated that the cuts would save between $70 million and $80 million in annual spending. The layoffs will price the corporate between $22 million and $30 million, based on the submitting.

Citi will reduce extra jobs this 12 months as a part of its plan to cut back its workforce by 10%, or 20,000 staff.

In an announcement on January 13, the financial institution stated that it’ll proceed to cut back head rely in 2026.

“These modifications replicate changes we’re making to make sure our staffing ranges, places and experience align with present enterprise wants,” a spokesperson for Citi stated.

The plan was detailed within the company’s January 2024 earnings report and will save the financial institution as a lot as $2.5 billion.

Expedia confirmed to Enterprise Insider that it had laid off some staff on January 26 and had additionally posted new job openings. It is unclear what number of of its employees had been affected by the cuts.

“We’re eliminating roles in addition to opening some new roles as we stay disciplined about assessing the abilities we want for the long run,” an Expedia Group spokesperson stated in an announcement. “We’re additionally simplifying our construction and lowering organizational layers to maneuver quicker and with extra accountability. These should not simple selections, and we’re grateful for the contributions of our colleagues who’re impacted.”

The athleisure big stated it laid off 100 part-time staff to “strengthen the enterprise.” The affected roles are within the firm’s North American contact middle.

“After cautious consideration, we’ve made the choice to transition our North America GEC to a full-time worker staffing mannequin. Consequently, roughly 100 part-time positions in our GEC have been impacted,” a Lululemon spokesperson stated.

Meta is getting ready to slash jobs inside its Reality Labs division, the unit liable for Mark Zuckerberg’s metaverse ambitions, three folks aware of the matter instructed Enterprise Insider in January.

Two staff stated that groups engaged on digital actuality headsets and Horizon Worlds, the corporate’s VR social community, shall be disproportionately affected. The New York Instances reported that roughly 10% to fifteen% of the division’s 15,000 staff are anticipated to be laid off.

The cuts coincide with a high-stakes division-wide assembly scheduled for January 14. Meta’s CTO and Actuality Labs chief Andrew Bosworth described the upcoming gathering because the “most vital” of the 12 months and urged staff to attend in particular person.

Nike stated on January 26 that it plans to put off 775 staff throughout Tennessee and Mississippi, citing efforts to “streamline” its distribution middle operations.

“We’re sharpening our provide chain footprint, accelerating the usage of superior expertise and automation, and investing within the expertise our groups want for the long run,” Nike stated in an announcement to Enterprise Insider.

Pinterest introduced a world restructuring plan that features layoffs affecting lower than 15% of its workforce, based on a January securities submitting. The cuts include reductions in workplace area.

“We’re making organizational modifications to additional ship on our AI-forward technique, which incorporates hiring AI-proficient expertise,” a Pinterest spokesperson stated.

“Consequently, we have made the troublesome choice to say goodbye to a few of our group members. We’re grateful for his or her service and supporting them with separation packages and advantages,” they added.

Saks shall be shutting down a facility in Miramar, Florida, based on a WARN letter. Consequently, at the very least 74 positions shall be affected by the closure, per the letter.

Affected staff are anticipated to be laid off between March 27 and April 30. Saks filed for Chapter 11 chapter in January.

“Saks World made the strategic choice to shut operations on the Southeast Service Middle (SESC) and shift present SESC capabilities to our shops and alternate Saks World achievement facilities, that are well-equipped to handle this extra work,” Saks stated in an announcement to Enterprise Insider.

T-Cellular reduce some employees in early 2026, although the scope of the layoffs is unclear. Some employees posted on LinkedIn saying they’d been affected by the modifications in January.

“As the following step in our evolution, we’re making some modifications whereas persevering with to rent to make sure we’ve the correct focus, construction, and momentum to maintain altering the business by means of innovation and our long-standing give attention to clients,” T-Cellular instructed Enterprise Insider in an announcement.

Tailwind, a popular web tool, stated it reduce three of its 4 engineers in January, citing an AI-driven decline in income.

“75% of the folks on our engineering group misplaced their jobs right here yesterday due to the brutal affect AI has had on our enterprise,” CEO Adam Wathan wrote in a GitHub touch upon January 6 that made waves within the tech group.

UPS CEO Brian Dykes instructed analysts in the course of the firm’s fourth-quarter earnings name that the corporate plans to cut back its operational workforce by 30,000 in 2026.

“This shall be achieved by means of attrition, and we count on to supply a second voluntary separation program for full-time drivers,” Dykes stated.

He instructed analysts that the corporate has recognized 24 buildings for closure within the first half of 2026 and can proceed to guage extra buildings for closure.

Workday is reducing about 400 jobs, and stated on February 4 that the transfer will assist the enterprise software program firm redirect assets towards precedence areas.

The layoffs will primarily have an effect on customer-facing roles which can be “non-revenue producing,” Workday stated in a regulatory submitting.

The cuts symbolize roughly 2% of its workforce and are anticipated to lead to about $135 million in fees within the fiscal fourth quarter, which resulted in January.

Workday introduced a bigger spherical of layoffs a couple of 12 months in the past, citing the necessity to make investments extra closely in strategic areas comparable to AI. The corporate reported about 20,600 staff as of late October.

As of February 4, Workday shares are down about 34% over the previous 12 months.

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