BUSINESSJun 23 · 04:15 UTCBUSINESS INSIDERDominick Reuter,Katherine Li,Shubhangi Goel,Jordan Hart,Roya Shahidi,Aditi Bharade,Brent D. Griffiths,Lloyd Lee,Alex Bitter,Lakshmi Varanasi,Ana Altchek,Madeline Berg,Mary Hanbury,Meghan Morris,Thibault Spirlet,Huileng Tan ([email protected])

Companies laying off staff this year include Meta, Amazon, and Groupon — see the list

Over 35 companies, including Meta, Amazon, and Oracle, have announced layoffs in 2026, citing AI-driven efficiency and economic factors. Companies like Angi and Target are reducing staff to cut costs or reallocate resources.

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