In February 2026, 21 companies announced layoffs totaling 35,520 jobs. The largest single cut was Nestlé with 16,000 positions.
| Company | People Cut | % of Workforce | Date | Category |
|---|---|---|---|---|
| Nestlé | 16,000 | 5.9% | AI-DRIVEN | |
| Heineken | 6,000 | 6.9% | WEAK DEMAND | |
| Block | 4,000 | 40.0% | AI-DRIVEN | |
| Viatris | 3,200 | 8.6% | COST CUT | |
| WiseTech Global | 2,000 | 28.6% | AI-DRIVEN | |
| Salesforce | 1,000 | 1.4% | AI-DRIVEN | |
| eBay | 800 | 6.5% | RESTRUCTURE | |
| Palo Alto / CyberArk | 500 | 3.1% | MERGER | |
| Stanley Black & Decker | 300 | 0.5% | WEAK DEMAND | |
| Washington Post | 300 | 37.5% | COST CUT | |
| Bristol Myers Squibb | 247 | 0.7% | COST CUT | |
| Gemini | 200 | 25.0% | AI-DRIVEN | |
| Walgreens | 159 | 0.1% | COST CUT | |
| Merck | 147 | 0.2% | WEAK DEMAND | |
| Arrow Fastener | 140 | 35.0% | RESTRUCTURE | |
| Cigna Evernorth | 134 | 0.2% | RESTRUCTURE | |
| JPMorgan Chase | 121 | 0.0% | RESTRUCTURE | |
| Wells Fargo | 112 | 0.0% | AI-DRIVEN | |
| Thermo Fisher | 80 | 0.1% | RESTRUCTURE | |
| xAI | 50 | 10.0% | RESTRUCTURE | |
| Disc Medicine | 30 | 20.0% | RESTRUCTURE |