In January 2026, 23 companies announced layoffs totaling 84,502 jobs. The largest single cut was UPS with 30,000 positions.
| Company | People Cut | % of Workforce | Date | Category |
|---|---|---|---|---|
| UPS | 30,000 | 6.0% | AI-DRIVEN | |
| Amazon | 16,000 | 4.6% | AI-DRIVEN | |
| Intel | 15,000 | 13.6% | RESTRUCTURE | |
| Tyson Foods | 4,900 | 3.5% | RESTRUCTURE | |
| Dow Chemical | 4,500 | 12.5% | AI-DRIVEN | |
| ASML | 1,700 | 3.9% | RESTRUCTURE | |
| Ericsson | 1,600 | 12.7% | WEAK DEMAND | |
| Mastercard | 1,400 | 4.2% | COST CUT | |
| Ultium Cells | 1,334 | 78.5% | WEAK DEMAND | |
| General Motors | 1,140 | 0.7% | WEAK DEMAND | |
| Macy's | 1,050 | 1.2% | RESTRUCTURE | |
| FedEx | 856 | 0.2% | RESTRUCTURE | |
| Home Depot | 800 | 0.2% | RESTRUCTURE | |
| Nike | 775 | 1.0% | AI-DRIVEN | |
| Alan Ritchey | 729 | 24.3% | COST CUT | |
| 700 | 14.9% | AI-DRIVEN | ||
| Target | 500 | 0.1% | RESTRUCTURE | |
| Angi | 350 | 7.0% | AI-DRIVEN | |
| Peloton | 286 | 11.0% | COST CUT | |
| BlackRock | 250 | 1.2% | COST CUT | |
| Horizon BCBS NJ | 242 | 5.0% | COST CUT | |
| GXO Logistics | 220 | 0.1% | RESTRUCTURE | |
| SFC Global (Schwan's) | 170 | 3.4% | RESTRUCTURE |