The year 2026 is just getting started, and layoffs are already underway.
Companies, including Angi, the company formerly known as Angie’s List, and the popular web tool Tailwind, have cut staff, citing the impact of artificial intelligence among the reasons for the layoffs.
More than 100 other companies, from Amazon to Nike to Verizon, have filed legally mandated WARN notices about job cuts to come in 2026, according to WARN Tracker. Some of the cuts are part of previously announced reductions.
This year’s cuts follow three years of significant workforce reductions across a broad range of industries, including tech, media, finance, and retail.
The moves come as artificial intelligence, public policy, and broader economic conditions present sweeping changes to the business landscape.
A World Economic Forum survey last year found that some 41% of companies worldwide expected to reduce their workforces in the next five years because of the rise of artificial intelligence. The survey also found that jobs in big data, fintech, and AI are expected to double by 2030.
Last year, Business Insider tracked layoffs at around 65 major companies, such as Amazon, Meta, Paramount, and Starbucks. In 2026, we’ll continue to track additional job cuts based on company announcements, WARN notices, and our own reporting.
Here are the companies with job cuts underway in 2026, listed in alphabetical order.
Angi is cutting 350 jobs
Angi, the popular contractor listing site once known as Angie’s List, said in January that it was cutting around 350 jobs “to reduce operating expenses and optimize the organizational structure in support of long-term growth.” The company also said it’s making the cuts “in light of AI-driven efficiency improvements.”
In a January 7 SEC filing, Angi said that the cuts would save between $70 million and $80 million in annual spending. The layoffs will cost the company between $22 million and $30 million, according to the filing.
Citi’s job cuts continue this year
Citi will cut more jobs this year as part of its plan to reduce its workforce by 10%, or 20,000 employees.
In a statement on January 13, the bank said that it will continue to reduce head count in 2026.
“These changes reflect adjustments we’re making to ensure our staffing levels, locations and expertise align with current business needs,” a spokesperson for Citi said.
The plan was detailed in the company’s January 2024 earnings report and could save the bank as much as $2.5 billion.
Meta is preparing for layoffs
Meta is preparing to slash jobs within its Reality Labs division, the unit responsible for Mark Zuckerberg’s metaverse ambitions, three people familiar with the matter told Business Insider.
Two employees said that teams working on virtual reality headsets and Horizon Worlds, the company’s VR social network, will be disproportionately affected. The New York Times reported that roughly 10% to 15% of the division’s 15,000 employees are expected to be laid off, with announcements coming as soon as this week.
The cuts coincide with a high-stakes division-wide meeting scheduled for Wednesday. Meta’s CTO and Reality Labs chief Andrew Bosworth described the upcoming gathering as the “most important” of the year and urged employees to attend in person.
Tailwind cut 3 of its 4 engineers
Tailwind, a popular web tool, said it cut three of its four engineers in January, citing an AI-driven decline in revenue.
“75% of the people on our engineering team lost their jobs here yesterday because of the brutal impact AI has had on our business,” CEO Adam Wathan wrote in a GitHub comment on January 6 that made waves in the tech community.
Is your company conducting layoffs? Got a tip?
Have a tip about company layoffs? Contact Business Insider reporter Dominick Reuter using a personal email address, a non-work WiFi network, and a non-work device; here’s our guide to sharing information securely.
