Job cuts tracker
Layoffs, buyouts, hiring freezes and closures announced by employers in every industry, from stories Sumzly has grouped. "Up to" figures are offers, eligibility or plans under consideration and are never added to the confirmed total. Denied reports are shown faded and not counted.
Jobs cut
899,855
confirmed · incl. 35,073 voluntary
Estimated
11,000
worked out from a stated %
Up to
119,035
offered, eligible or considering
Government
306,548
of confirmed · 100 hiring freezes not counted
Companies
628
Countries
34
Median share of workforce
6.0%
Cuts citing AI
73,759
32 companies
Companies to watch
Full list (0)Companies reported to be cost cutting or in financial distress. Only what sources state is shown, each with its link; Sumzly never predicts job numbers.
Biggest cuts
| U.S. federal government | Government & public sector | 200,000 jobs | — | — | Public sector | Completed | 23 Dec 2025 | in 2025 | 1 |
| Automotive | 100,000 jobs | 703,500 est. | 14% | Layoffs | Announced | 31 Mar 2026 | — | 1 | |
| GM | Automotive | up to 62,000 | — | — | Voluntary buyout / early retirement | Announced | 12 Feb 2026 | — | 1 |
| Automotive | 50,000 jobs · up to 100,000 | — | — | Layoffs | Announced | 4 Sept 2026 | by 2030 | 7 | |
| Automotive | 50,000 jobs · up to 50,000 | — | — | Layoffs | In progress | 24 Jul 2026 | — | 5 | |
| UPS | Logistics | 48,000 jobs | — | — | Layoffs | Completed | 29 Jul 2026 | — | 1 |
| Amazon | Technology | 30,000 jobs | — | — | Layoffs | Completed | 5 Jun 2026 | — | 1 |
| U.S. federal government | Government & public sector | 30,000 jobs | — | — | Public sector | Completed | 7 May 2026 | — | 2 |
| Logistics | 30,000 jobs | — | — | Layoffs | Announced | 5 Feb 2026 | in 2026 | 4 | |
| Dutch governmentAI | Government & public sector | 25,000 jobs | 160,016 | 16% | Public sector | Announced | 26 Oct 2026 | by 2035 | 2 |
| U.S. Department of Veterans Affairs | Government & public sector | 25,000 jobs · up to 35,000 | — | — | Public sector | Announced | 13 Dec 2025 | this month | 2 |
| Technology | 21,000 jobs | 162,000 est. | 13% | Layoffs | Completed | 22 Jun 2026 | over the past year | 3 | |
| HSBCAI | Banking & finance | up to 20,000Unconfirmed figure | — | — | Planned cuts | Rumoured / considering | 18 Mar 2026 | multi-year | 5 |
| NHS | Government & public sector | 18,000 jobs | — | — | Planned cuts | Announced | 12 Nov 2025 | — | 3 |
 Amazon | Retail | 16,000 jobs | 1,500,000 est. | 1% | Layoffs | In progress | 28 Jan 2026 | next week | 24 |
| Government & public sector | 16,000 jobs · up to 70,000 | — | — | Voluntary buyout / early retirement | Announced | 4 Nov 2025 | — | 3 | |
| Cognizant | Technology | 15,000 jobs | — | — | Layoffs | Announced | 5 May 2026 | — | 1 |
| MetaAI | Technology | up to 15,000 | — | — | Planned cuts | Announced | 25 Mar 2026 | — | 7 |
| Telecoms | 15,000 jobs | 132,200 est. | 11% | Layoffs | Completed | 25 Nov 2025 | 2025 | 5 | |
| Novo Nordisk | Healthcare & pharma | 13,000 jobs | — | — | Layoffs | Announced | 22 Sept 2026 | — | 1 |
| Poundland | Retail | up to 12,000 | — | — | Planned cuts | Rumoured / considering | 29 Oct 2026 | — | 1 |
| Meta | Technology | 12,000 jobs | — | — | Layoffs | Completed | 22 Oct 2026 | within one year | 2 |
| Nio | Automotive | 10,600 jobs | — | — | Layoffs | Completed | 10 Apr 2026 | in 2025 | 1 |
| Government & public sector | up to 9,100 | — | — | Public sector | Completed | 22 Jul 2026 | by the application deadline | 4 | |
| Automotive | 8,000 jobs | 149,475 est. | 5% | Planned cuts | Completed | 31 Jul 2026 | by the end of 2027 | 5 | |
| MetaAI | Technology | 8,000 jobs | — | — | Layoffs | In progress | 2 Jun 2026 | in 2026 | 3 |
| Meta | Technology | 8,000 jobs | — | — | Layoffs | In progress | 2 May 2026 | first wave targeted for May 20; additional cuts later in 2026 | 9 |
| Technology | up to 8,000 | 228,000 est. | 4% | Voluntary buyout / early retirement | Announced | 29 Apr 2026 | — | 11 | |
| Standard CharteredAI | Banking & finance | 7,000 jobs | — | — | Planned cuts | Announced | 19 May 2026 | by 2030 | 2 |
| DB Cargo | Logistics | 6,000 jobs | — | — | Planned cuts | Announced | 19 Feb 2026 | — | 1 |
| Telefónica | Telecoms | 5,500 jobs | — | — | Layoffs | Announced | 22 Dec 2025 | — | 1 |
| ABN Amro | Banking & finance | 5,200 jobs | — | — | Planned cuts | Announced | 24 Nov 2025 | by 2028 | 1 |
| ICICI Bank | Banking & finance | 5,100 jobs | — | — | Layoffs | Completed | 20 Jul 2026 | FY26 | 1 |
| BarclaysAI | Banking & finance | 5,000 jobs | 79,900 est. | 6% | Planned cuts | Announced | 27 Oct 2026 | by 2026 | 6 |
| Canadian federal government | Government & public sector | 5,000 jobs | — | — | Voluntary buyout / early retirement | Announced | 28 May 2026 | — | 1 |
| Nokia | Telecoms | 5,000 jobs | — | — | Layoffs | Announced | 20 Nov 2025 | — | 1 |
| Technology | 4,800 jobs | 228,000 est. | 2% | Planned cuts | Announced | 6 Jul 2026 | next month | 10 | |
| Integrated Care Boards | Healthcare & pharma | 4,500 jobs | — | — | Voluntary buyout / early retirement | Announced | 23 Sept 2026 | — | 1 |
| Dow | Manufacturing | 4,500 jobs | — | — | Layoffs | In progress | 11 Jun 2026 | — | 1 |
| DowAI | Manufacturing | 4,500 jobs | — | — | Layoffs | In progress | 30 Jan 2026 | January 2026 | 2 |
| Manufacturing | 4,300 jobs | 105,000 est. | 4% | Layoffs | In progress | 13 Jul 2026 | since last year | 2 | |
| Porsche | Automotive | up to 4,000 | — | — | Planned cuts | Rumoured / considering | 20 Sept 2026 | — | 2 |
| Jaguar Land Rover | Automotive | 4,000 jobs | — | — | Voluntary buyout / early retirement | Announced | 7 Sept 2026 | over the next two years | 7 |
| Technology | 4,000 jobs | 187,000 est. | 2% | Layoffs | Announced | 26 Feb 2026 | — | 3 | |
| Omnicom | Media & entertainment | 4,000 jobs | — | — | Layoffs | Announced | 1 Dec 2025 | — | 2 |
| P&G | Manufacturing | 3,500 jobs | — | — | Planned cuts | In progress | 10 Jun 2026 | a year into restructuring | 1 |
| HCLTech | Technology | 3,292 jobs | — | — | Layoffs | Completed | 13 Jul 2026 | Q1 | 1 |
| Technology | 3,200 jobs · up to 60,000 | 228,000 est. | 1% | Voluntary buyout / early retirement | In progress | 27 Oct 2026 | participating staff leave December 31, 2026 | 213 | |
| Xbox | Technology | 3,200 jobs | — | — | Planned cuts | Announced | 6 Jul 2026 | — | 1 |
| Heineken | Manufacturing | 3,000 jobs | — | — | Layoffs | Completed | 5 Aug 2026 | — | 1 |
| Telecoms | 3,000 jobs | 132,200 est. | 2% | Layoffs | Announced | 16 Jul 2026 | — | 1 | |
| Commerzbank | Banking & finance | 3,000 jobs | — | — | Planned cuts | Announced | 8 May 2026 | — | 1 |
| University | Government & public sector | up to 2,700 | — | — | Planned cuts | Announced | 12 May 2026 | — | 1 |
| Automotive | 2,500 jobs | 43,000 est. | 6% | Layoffs | Announced | 23 Oct 2026 | — | 2 | |
| National Australia Bank | Banking & finance | 2,500 jobs | — | — | Layoffs | Announced | 20 Oct 2026 | — | 4 |
| Royal Mail | Government & public sector | 2,500 jobs | — | — | Planned cuts | Announced | 9 Oct 2026 | — | 1 |
| Morgan Stanley | Banking & finance | 2,500 jobs | — | — | Layoffs | Announced | 4 Mar 2026 | — | 1 |
| Government & public sector | 2,371 jobs | 7,000 est. | 34% | Layoffs | In progress | 12 Dec 2025 | — | 1 | |
| Visa | Banking & finance | 2,000 jobs | — | — | Layoffs | In progress | 5 Aug 2026 | — | 5 |
| BBC | Government & public sector | 2,000 jobs · up to 2,000 | — | — | Layoffs | Announced | 2 May 2026 | — | 3 |