More than 40 companies have laid off employees so far in 2026, continuing the trend of significant workforce reductions across a broad range of industries, including tech, media, finance, and retail.
Some, including Block, Coinbase, and Standard Chartered, have cited the impact of artificial intelligence as a key reason for the layoffs.
Target, meanwhile, is shifting resources from its supply chain into stores as part of the new CEO’s turnaround strategy to improve the shopping experience and return to growth.
More than 100 other companies have filed legally mandated WARN notices about job cuts to come in 2026, according to WARN Tracker. Some…
