FACTBOX-Corporate America continues job cuts in 2026 in efficiency push

Reuters
2026.01.28 12:28
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In January 2026, U.S. companies are implementing significant job cuts as part of cost-reduction strategies amid the rise of artificial intelligence. Amazon announced a reduction of 16,000 roles, while other firms like Pinterest, Autodesk, Meta, Nike, and Citigroup also revealed layoffs. The trend reflects a broader efficiency push across various sectors, with companies reallocating resources and streamlining operations to adapt to changing market demands.