Recent updates:
Meta (Facebook/Instagram/WhatsApp): Planned a 10% reduction in its workforce, affecting roughly 8,000 employees, as it pivots toward "personal superintelligence" and AI infrastructure.

Amazon: Has cut at least 30,000 jobs since late 2025, with an additional 16,000 corporate roles eliminated in January 2026.

Microsoft: Offered early retirement to 7% of its U.S. workforce and is restructuring, with 7,000+ jobs reported as cut.

Other Tech Firms: Oracle (thousands of jobs), Dell (10% of workforce), Atlassian (1,600 employees), and WiseTech (30% of staff) have reported layoffs, often citing AI-driven efficiency.

Their collective plan is to lay off 1 Million people by 2027.