E-commerce giant Amazon recently confirmed plans to cut approximately 16,000 corporate jobs in 2026 as part of a broader workforce restructuring plan. The move marks one of the company’s largest layoff rounds in its history.

Technology companies have continued to lay off staff in 2025 and 2026, despite the support of the new US administration. Here's an updated timeline of notable layoffs, and reasons why Big Tech is in turmoil.

Square and Cash App operator Block said it would slash nearly half its workforce as AI reshapes its business, fanning fears of mass layoffs to come.

Large technology firms are actively reshaping their workforces as they pivot towards automation, AI-driven efficiency, and leaner operating models. To shed light on the true scale of this shift, a new report from the company RationalFX demonstrates the scale of global tech industry layoffs in 2026.

NEW YORK (AP) — Pinterest plans to lay off under 15% of its workforce, as part of broader restructuring that arrives as the image-sharing platform pivots more of its money to artificial intelligence. In a Tuesday securities filing, San Francisco-based ...

Generative AI is being touted as a major focus for growth across the tech industry, but many companies are also using it as a scapegoat as they attempt to justify huge swaths of layoffs. Reportedly, nearly 55,000 layoffs in the United States were due to AI ...

The race to integrate artificial intelligence is on among the banks. BNY now has 134 "digital employees," who work alongside humans.

WiseTech Global is exploring layoffs as a part of its two-year restructuring plan to pursue AI-driven efficiency gains.