In March 2026, 47 companies announced layoffs totaling 160,959 jobs. The largest single cut was Volkswagen Group with 50,000 positions.
| Company | People Cut | % of Workforce | Date | Category |
|---|---|---|---|---|
| Volkswagen Group | 50,000 | 7.4% | WEAK DEMAND | |
| Oracle | 30,000 | 18.5% | AI-DRIVEN | |
| HSBC | 20,000 | 9.5% | AI-DRIVEN | |
| Meta | 16,000 | 20.3% | AI-DRIVEN | |
| Nokia | 14,000 | 18.9% | RESTRUCTURE | |
| Dell | 11,000 | 10.2% | AI-DRIVEN | |
| Morgan Stanley | 2,500 | 3.0% | COST CUT | |
| Atlassian | 1,600 | 10.0% | AI-DRIVEN | |
| Goldman Sachs | 1,500 | 3.3% | COST CUT | |
| Capital One | 1,100 | 1.6% | MERGER | |
| Epic Games | 1,000 | 20.0% | WEAK DEMAND | |
| Algoma Steel | 1,000 | 28.6% | RESTRUCTURE | |
| Iberia | 996 | 10.0% | RESTRUCTURE | |
| SK Battery America | 958 | 37.3% | WEAK DEMAND | |
| IKEA (Ingka Group) | 800 | 0.5% | RESTRUCTURE | |
| Evotec | 800 | 16.0% | RESTRUCTURE | |
| Crothall / Morrison Healthcare | 795 | 8.0% | RESTRUCTURE | |
| Glovo | 750 | 15.0% | RESTRUCTURE | |
| IGT | 700 | 10.0% | MERGER | |
| KPMG UK | 600 | 8.5% | COST CUT | |
| Close Brothers | 600 | 20.0% | COST CUT | |
| Flipkart | 500 | 2.0% | RESTRUCTURE | |
| BrewDog | 484 | 39.8% | MERGER | |
| UniCredit | 400 | 0.5% | RESTRUCTURE | |
| Whirlpool | 341 | 0.6% | COST CUT | |
| Electronic Arts | 300 | 2.3% | RESTRUCTURE | |
| Alameda Health System | 240 | 4.0% | COST CUT | |
| L.A. Care Health Plan | 225 | 3.0% | COST CUT | |
| Envato | 200 | 33.3% | RESTRUCTURE | |
| Theravance Biopharma | 200 | 50.0% | RESTRUCTURE | |
| Crypto.com | 180 | 12.0% | AI-DRIVEN | |
| Abbott House | 162 | 32.4% | RESTRUCTURE | |
| MedImpact Healthcare | 125 | 6.2% | MERGER | |
| Compass | 110 | 0.6% | MERGER | |
| Ubisoft / Red Storm | 105 | 0.6% | RESTRUCTURE | |
| Harley-Davidson | 100 | 1.8% | RESTRUCTURE | |
| Tessera Therapeutics | 90 | 36.0% | RESTRUCTURE | |
| Bicycle Therapeutics | 86 | 29.9% | COST CUT | |
| Gossamer Bio | 77 | 48.1% | RESTRUCTURE | |
| Snowflake | 70 | 0.9% | AI-DRIVEN | |
| CBS News | 66 | 6.0% | RESTRUCTURE | |
| Superside | 60 | 8.6% | RESTRUCTURE | |
| CNN | 50 | 1.7% | RESTRUCTURE | |
| WME | 30 | 3.0% | RESTRUCTURE | |
| Gloat | 20 | 20.0% | AI-DRIVEN | |
| Vertex Pharma | 20 | 0.2% | RESTRUCTURE | |
| Alltrna | 19 | 34.5% | RESTRUCTURE |