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 large 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 forms inside the corporate.

Angi, the favored contractor itemizing web site as soon as generally known as Angie’s Checklist, stated in January that it was chopping round 350 jobs “to scale back working bills and optimize the organizational construction in assist of long-term development.” 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 value the corporate between $22 million and $30 million, based on the submitting.

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

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

“These adjustments mirror 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 workers on January 26 and had additionally posted new job openings. It is unclear what number of of its staff have 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’d like for the longer term,” an Expedia Group spokesperson stated in an announcement. “We’re additionally simplifying our construction and decreasing organizational layers to maneuver sooner and with extra accountability. These usually are not simple selections, and we’re grateful for the contributions of our colleagues who’re impacted.”

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

“After cautious consideration, now we have made the choice to transition our North America GEC to a full-time worker staffing mannequin. In consequence, 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 answerable for Mark Zuckerberg’s metaverse ambitions, three individuals aware of the matter instructed Enterprise Insider in January.

Two workers stated that groups engaged on digital actuality headsets and Horizon Worlds, the corporate’s VR social community, will probably be disproportionately affected. The New York Occasions reported that roughly 10% to fifteen% of the division’s 15,000 workers 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 workers to attend in individual.

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

“We’re sharpening our provide chain footprint, accelerating using superior expertise and automation, and investing within the abilities our groups want for the longer term,” Nike stated in an announcement to Enterprise Insider.

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

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

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

Saks will probably be shutting down a facility in Miramar, Florida, based on a WARN letter. In consequence, at the least 74 positions will probably be affected by the closure, per the letter.

Affected workers 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-Cell lower some employees in early 2026, although the scope of the layoffs is unclear. Some staff posted on LinkedIn saying they’d been affected by the adjustments in January.

“As the subsequent step in our evolution, we’re making some adjustments whereas persevering with to rent to make sure now we have the precise focus, construction, and momentum to maintain altering the trade by means of innovation and our long-standing concentrate on clients,” T-Cell instructed Enterprise Insider in an announcement.

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

“75% of the individuals on our engineering workforce 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 neighborhood.

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

“This will probably 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 judge further buildings for closure.

Have a tip about firm layoffs? Contact Enterprise Insider reporter Dominick Reuter at dreuter@businessinsider.com utilizing a private electronic mail handle, a non-work WiFi community, and a non-work gadget; here’s our guide to sharing information securely.