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Citigroup to cut 1,000 jobs this week as Meta plans 10% Reality Labs reduction
Citigroup to cut 1,000 jobs this week as Meta plans 10% Reality Labs reduction
TUESDAY, JANUARY 13, 2026
Reuters says Citigroup will cut about 1,000 jobs this week as part of a 20,000 role reduction plan by end-2026, while Meta plans to cut around 10% of Reality Labs.Nike to cut nearly 1,000 jobs in second layoff round
Nike to cut nearly 1,000 jobs in second layoff round
TUESDAY, DECEMBER 30, 2025
Nike plans a second round of layoffs this year, cutting just under 1% of corporate staff as CEO Elliott Hill restructures and refocuses on sportAmazon to lay off 30,000 staff as AI replaces human roles in major cost-cutting drive
Amazon to lay off 30,000 staff as AI replaces human roles in major cost-cutting drive
TUESDAY, OCTOBER 28, 2025
Amazon plans to cut 30,000 corporate jobs — its biggest layoff since 2022 — as the tech giant turns to AI to boost efficiency and cut operating costsU.K. job cuts hit a record high as aid extension delayed
U.K. job cuts hit a record high as aid extension delayed
WEDNESDAY, DECEMBER 16, 2020
U.K. job cuts jumped to the highest on record in the three months through October, raising more questions over Chancellor of the Exchequer Rishi Sunak's refusal to extend job support programs until hours before they expired.IBM planning 10,000 job cuts in Europe ahead of unit sale
IBM planning 10,000 job cuts in Europe ahead of unit sale
THURSDAY, NOVEMBER 26, 2020
International Business Machines Corp. is planning to cut about 10,000 jobs in Europe in an attempt to lower costs at its slow-growth services unit and prepare the business for a spinoff.Airbus targets voluntary job cuts before any wider staff layoffs
Airbus targets voluntary job cuts before any wider staff layoffs
SUNDAY, JUNE 21, 2020
Airbus plans to pursue voluntary job cuts before seeking forced reductions, as it aims to bring down costs without inciting a political uproar in France and Germany, according to people familiar with the matter.Deutsche Bank resumes job cuts as bosses forgo a month's pay
Deutsche Bank resumes job cuts as bosses forgo a month's pay
WEDNESDAY, MAY 13, 2020
Deutsche Bank abruptly ended a hiatus on staff dismissals, becoming the first major bank to say it will resume job cuts after the coronavirus outbreak put the plans on hold.
Carmakers shedding 80,000 jobs as electric era upends industry
Carmakers shedding 80,000 jobs as electric era upends industry
THURSDAY, DECEMBER 05, 2019
It's turning out to be one of the worst years ever for auto workers across the globe amid shrinking demand and a tectonic shift in vehicle technology, with Daimler and Audi announcing almost 20,000 job cuts in just the past week.
