- Major firms like Amazon, Meta, and Oracle plan large-scale job cuts linked to AI and economic shifts
- Amazon will cut about 16,000 corporate jobs following earlier layoffs to reduce bureaucracy
- Meta aims to cut 10% of its workforce, about 8,000 jobs, while boosting AI investments to $135 billion
Major global companies are preparing for job cuts, with firms like Amazon, Meta and Oracle expected to trim thousands of roles. The decisions are being linked to many factors, including the growing role of artificial intelligence, changing economic conditions and evolving business priorities.
Amazon Layoffs
Amazon announced in January that it would eliminate around 16,000 corporate roles globally. This follows an earlier round of layoffs in October last year, when the company cut 14,000 positions.
The move is part of internal restructuring efforts. Beth Galetti, senior vice president of people experience and technology, said in a memo that the changes are aimed at reducing bureaucracy within the organisation, Business Insider reported.
ALSO READ: Amazon Says Reports Of 14,000 Job Cuts Are False, Denies May 2026 Layoff Claims
Meta Layoffs
Meta is also planning major job cuts, with thousands of roles set to be eliminated in May. The company informed employees that it will reduce its workforce by about 10%, which will affect roughly 8,000 people. It also plans to leave several open roles unfilled. The layoffs are expected to begin on May 20.
The layoffs come as Meta increases its investment in AI. The company is planning to spend around $135 billion on AI this year, according to the BBC. This amount is nearly equal to what it spent on the technology over the previous three years combined.
ALSO READ: Meta Layoffs: Which Departments Will Be Affected, What Amount Will Laid Off Employees Receive
Microsoft Layoffs
Microsoft is also seeing workforce changes as it adjusts to the growing role of artificial intelligence. The company confirmed on Thursday that it will offer voluntary buyouts to some employees in the US, marking a first for the 51-year-old software giant as it navigates the AI boom.
The one-time retirement programme will be available to around 7% of its US workforce, which is specifically for those employees whose age and years of service add up to 70 or more. More details about the plan are expected to be shared on May 7, according to CNBC.
ALSO READ: TCS Faces High Senior Level Attrition Amid Layoffs, Compensation Issues: Report
Disney Layoffs
Walt Disney plans to cut as many as 1,000 jobs in the coming weeks, The Wall Street Journal reported on Wednesday. The report cited people familiar with the matter and said that planning for the job cuts began before Josh D'Amaro took on his new role as Disney's chief executive officer in March. The layoffs would affect less than 1% of Disney's global workforce.
The latest round of cuts is expected to fall mainly on marketing and corporate roles, as Disney continues to consolidate its promotional operations across film, television and streaming. The media and entertainment giant employed about 2,31,000 people worldwide as of the end of fiscal year 2025.
Oracle Layoffs
Oracle began layoffs on March 31, with employees across multiple regions affected. The company had around 162,000 full-time employees as of May 2025.
In a communication to affected staff, Oracle said: "After careful consideration of Oracle's current business needs, we have decided to eliminate your role as part of a broader organisational change. As a result, today is your last working day."
ALSO READ: Oracle Names Hilary Maxson CFO Amid Massive Layoffs — Here's How Much She Will Earn
BBC Layoffs
The BBC plans to cut up to 2,000 jobs over the next two years as part of efforts to save 500 million pounds ($677 million), or around 10% of its annual budget.
The job cuts, announced during a staff call on Wednesday, mark the broadcaster's biggest round of layoffs in more than a decade. In an email to staff, interim Director-General Rhodri Talfan Davies acknowledged the impact of the move.
The cost-cutting push comes ahead of former Google executive Matt Brittin taking over as director-general next month.
Snapchat Layoffs
Snap Inc., the parent company of Snapchat, the social media application that sends disappearing photos and videos, will be laying off 15-20% of its workforce, according to a reporter, Alex Heath's newsletter.
Heath stated in his newsletter 'Sources', that these mass layoffs may lead to some teams being halved, citing people in the know. Heath is also reportedly unsure as to the amount of credit that AI will be given with regard to the layoffs by CEO (Chief Executive Officer) Evan Spiegel.
Nike Layoffs
Nike is cutting approximately 1,400 jobs, mainly in its technology teams, as part of a broader restructuring effort.
In a memo dated April 23, Chief Operating Officer Venkatesh Alagirisamy said the layoffs are linked to the company's “win now” turnaround plan. The plan focuses on improving areas such as product development, marketing, retail strategy and company culture.
This follows an earlier announcement on January 26, when Nike said it would lay off 775 employees across Tennessee and Mississippi to streamline its distribution operations.
"We are sharpening our supply chain footprint, accelerating the use of advanced technology and automation, and investing in the skills our teams need for the future," Nike said in a statement.
Citi Layoffs
Citi is continuing with its workforce reduction plan, which aims to cut around 20,000 jobs or 10% of its total workforce.
In a statement released on January 13, the bank said job cuts will continue through 2026.
"These changes reflect adjustments we're making to ensure our staffing levels, locations and expertise align with current business needs," a spokesperson told Business Insider.
Dell Layoffs
Dell has reduced its workforce by 10% for the third consecutive year, as per the report citing annual filing with the United States Securities and Exchange Commission
As of January 31, 2026, the company had around 97,000 employees, down by 11,000 compared to the previous year.
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