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Friday, January 16, 2026

Tag: corporate restructuring

Meta, Citigroup, BlackRock Announce Layoffs in Early 2026

Major companies Meta, Citigroup, and BlackRock have started 2026 with job cuts, signaling continued corporate restructuring and a shift towards AI and cost efficiency.

Meta Plans 1,500 Job Cuts in Reality Labs as Focus Shifts to AI

Meta is cutting 10% of its metaverse division staff while launching a massive AI compute initiative, signalling a major strategic pivot.

HP to Cut Up to 6,000 Jobs by 2028 in Major Restructuring Plan

HP announces 4,000-6,000 global layoffs through 2028 to streamline operations and boost AI integration, expecting $1 billion in savings amid tech industry job cuts.

Amazon Layoffs 2025: 40% Engineers Cut in Major Restructuring

Amazon eliminates 14,000 corporate roles with engineers comprising 40% of layoffs as company shifts focus to AI and efficiency measures.

Apple Cuts Dozens of Sales Roles in Major Enterprise Strategy Shift

Apple restructures global sales, eliminating dozens of positions while shifting toward third-party resellers for business and government clients.

Amazon Layoffs 2025: 40% of Job Cuts Hit Engineers Amid AI Shift

Amazon cuts 14,000 jobs with engineers most affected as company restructures for AI future, despite record profits and strong earnings performance.

Amazon Layoffs Hit Engineers Hardest in Company’s Biggest Job Cuts

New documents reveal engineers bore the brunt of Amazon's 14,000 job cuts, with nearly 40% of eliminated roles in key states being engineering positions.

Major Layoffs Continue Across Industries Amid Economic Pressures

Companies including Amazon, Microsoft, and GM are cutting thousands of jobs due to restructuring, AI investments, and economic uncertainty. See which sectors are affected.

Verizon Cuts 13,000 Jobs in Largest Workforce Reduction Ever

America's largest telecom company announces massive layoffs amid competitive pressures and subscriber losses. CEO cites need to streamline operations.

Verizon CEO Plans Massive Shake-Up: 15,000 Jobs Cut, 180 Stores Franchised

Verizon announces major restructuring with 15,000 layoffs and store franchise conversions as new CEO Dan Schulman implements aggressive turnaround strategy.

Amazon Cuts 660 Jobs in New York Amid 14,000 Global Layoffs

Amazon eliminates 660 corporate positions in Manhattan as CEO Andy Jassy reveals cultural reasons behind massive 14,000 job cuts worldwide.

Amazon Lays Off 660 Employees Across Nine NYC Offices

Amazon cuts 660 jobs in New York City as part of restructuring. CEO Andy Jassy explains the cultural reasons behind recent workforce reductions.