Excerpts from layoffs at large companies in 2025-2026
With years of inflation, the decline of older jobs due to increased demand for AI, and President Donald Trump's tariffs and tax cuts, more and more companies are cutting jobs. The Associated Press has selected some of the layoffs that will take place at major companies between 2025 and 2026.
Workers feel anxious as layoffs pile up and the job market stagnates | AP News
Dow
Chemical manufacturer Dow has just announced plans to cut approximately 4,500 jobs by the end of January 2026. These cuts are part of a plan to prioritize the use of AI and automation, and the company has budgeted approximately $600 million to $800 million for severance payments and other costs.
◆Amazon
Amazon also began a large-scale workforce reduction of 16,000 people at the end of January 2026. Amazon is working to strengthen its organization by clarifying responsibilities within the organization and eliminating bureaucracy, and these workforce reductions are aimed at eliminating 'bureaucratic' aspects. Amazon also reduced its workforce by 14,000 people in October 2025.
Amazon lays off 16,000 more employees to cut red tape - GIGAZINE
◆UPS
The shipping company UPS (United Parcel Service) has announced plans to cut up to 30,000 jobs by the end of 2026. The company has begun a plan in 2025 to reduce its reliance on Amazon, its largest customer, and focus on more profitable areas such as healthcare customers, and the workforce adjustments are expected to be in line with business restructuring. UPS is cutting 48,000 jobs in 2025 alone.
◆Tyson Foods
In November 2025, Tyson Foods announced that it would close its plant in Lexington, Nebraska, resulting in the loss of 3,200 employees. Given that Lexington has a population of 11,000, the plant's closure is expected to have a significant impact on the local community.
◆HP
HP, a manufacturer of printers and PCs, announced plans to cut workforces by approximately 4,000 to 6,000 people in its full-year financial results report released in November 2025. This initiative is said to be aimed at improving customer satisfaction, product innovation, and productivity through the introduction and utilization of AI.
HP plans to lay off up to 6,000 employees to focus on AI and automation - GIGAZINE
Verizon
Telecommunications company Verizon will begin cutting more than 13,000 jobs in November 2025. CEO Dan Schulman said the company's current cost structure limits its ability to invest, particularly in customer experience.
◆Nestlé
Nestlé has announced that it will cut 16,000 jobs worldwide by mid-October 2025. This is said to be part of a cost-cutting initiative to restore financial performance amid headwinds such as rising raw material costs and President Trump's tariff policies.
◆Novo Nordisk
Denmark-based pharmaceutical company Novo Nordisk has announced it will cut 9,000 jobs, or about 11% of its workforce, in a move it says is aimed at reducing organizational complexity and speeding up decision-making amid intensifying competition in the market for obesity medications.
◆Intel
Intel's performance has been sluggish, and it has made a series of large-scale layoffs over the past few years. In July 2025, it cut 24,000 jobs and discontinued operations in some countries. In recent years, it has received investment from the U.S. government and is restructuring its business.
The US government acquires 10% of Intel shares, investing 1.3 trillion yen - GIGAZINE
P&G
Procter & Gamble ( P&G ), the consumer goods manufacturer behind Pampers and Febreze , announced in June 2025 that it would cut up to 7,000 jobs over the next two years. While the company described these cuts as an important step toward ensuring the delivery of its long-term commitments, the Associated Press points out that they are linked to consumer economic anxiety caused by tariffs.
◆Microsoft
Microsoft implemented two major rounds of layoffs in 2025 alone, the first affecting 6,000 employees and the second affecting a further 9,000.
In addition, Amazon , xAI , and Meta are also implementing staff reductions.
Meta to fire 'poor performers', expected to affect up to 3,600 people - GIGAZINE
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