In January 2026, 18 companies announced layoffs totaling 95,075 jobs. The largest single cut was Amazon with 30,000 positions.
| Company | People Cut | % of Workforce | Industry | Category |
|---|---|---|---|---|
| Amazon | 30,000 | 9% | Tech | AI-DRIVEN |
| UPS | 30,000 | 6% | Automotive & Transportation | AI-DRIVEN |
| Intel | 15,000 | 14% | Tech | RESTRUCTURE |
| Tyson Foods | 4,900 | 4% | Consumer Goods | RESTRUCTURE |
| Dow Chemical | 4,500 | 13% | Manufacturing | AI-DRIVEN |
| ASML | 1,700 | 4% | Tech | RESTRUCTURE |
| Ericsson | 1,600 | 13% | Telecom | WEAK DEMAND |
| Mastercard | 1,400 | 4% | Finance & Banking | COST CUT |
| General Motors | 1,140 | 0.7% | Automotive & Transportation | WEAK DEMAND |
| FedEx | 856 | 0.2% | Automotive & Transportation | RESTRUCTURE |
| Home Depot | 800 | 0.2% | Retail | RESTRUCTURE |
| 780 | 15% | Tech | AI-DRIVEN | |
| Alan Ritchey | 729 | 24% | Automotive & Transportation | COST CUT |
| Target | 500 | 0.1% | Retail | RESTRUCTURE |
| Peloton | 400 | 11% | Tech | COST CUT |
| Angi | 350 | 7% | Tech | AI-DRIVEN |
| BlackRock | 250 | 1% | Finance & Banking | COST CUT |
| SFC Global (Schwan's) | 170 | 3% | Consumer Goods | RESTRUCTURE |