Talent Risk

Talent Risk · Job cuts archive · Cutting costs

Job cuts: cutting costs

58 announcements at 35 employers giving cutting costs as a reason, in the last 12 months: 90,944 jobs cut, counted once per announcement and only when the employer, a formal notice or two reports confirm the figure; 4 are US layoff notices (WARN).

58AnnouncementsCuts, consultations, buyouts and reported plans
91kJobs cut, counted90,944, once per announcement
35Employers35 of them in the Index
4WARN noticesFormal US layoff notices

Month by month

  1. 550NovNovember 2025: 1 announcements, 550 jobs cut
  2. DecDecember 2025: 1 announcements
  3. 19kJanJanuary 2026: 7 announcements, 19,400 jobs cut
  4. 1.0kFebFebruary 2026: 5 announcements, 1,000 jobs cut
  5. 33kMarMarch 2026: 6 announcements, 32,500 jobs cut
  6. 4.4kAprApril 2026: 5 announcements, 4,374 jobs cut
  7. 8.3kMayMay 2026: 5 announcements, 8,300 jobs cut
  8. 5.5kJunJune 2026: 2 announcements, 5,500 jobs cut
  9. 300JulJuly 2026: 5 announcements, 300 jobs cut
  10. AugAugust 2026: 3 announcements
  11. 5.3kSepSeptember 2026: 5 announcements, 5,300 jobs cut
  12. 14kOctOctober 2026: 11 announcements, 13,720 jobs cut
  13. NovNovember 2026: 2 announcements
Jobs cut each month, counted once per announcement and only when confirmed. The record starts on 1st November 2025; the first month is part of a month.

The largest

  1. 31st Mar
    Oracle to cut 30,000 jobs

    Cuts announcedMissouriFormal noticeAI cited

    30,000jobs cut
  2. 27th Jan
    Amazon to cut 16,000 jobs

    Cuts announcedCalifornia, WashingtonFormal notice

    16,000jobs cut
  3. 18th May
    Standard Chartered: AI efficiency drive

    AI efficiency driveReported by 7 major outletsAI cited

    7,000jobs cut
  4. 29th Jun
    British American Tobacco to cut 5,500 jobs

    Cuts announcedReported by 4 major outletsAI cited

    5,500jobs cut
  5. 22nd Oct
    Barclays to cut 5,000 jobs

    Cuts announcedUK, IndiaReported by 6 major outletsAI cited

    5,000jobs cut
  6. 6th Sep
    Jaguar Land Rover to cut 4,000 jobs

    Cuts announcedSolihull, WarwickshireReported by 8 major outlets

    4,000jobs cut
  7. 23rd Oct
    American Express to cut 3,500 jobs

    Cuts announcedReported by 4 major outletsAI cited

    3,500jobs cut
  8. 8th Apr
    John Lewis Partnership to cut 3,300 jobs

    Cuts announcedUKOne major outlet so far

    3,300jobs cut
  9. 7th Oct
    Royal Mail to cut 2,500 jobs

    Cuts announcedUKReported by 5 major outlets

    2,500jobs cut
  10. 4th Mar
    Morgan Stanley to cut 2,500 jobs

    Cuts announcedNew YorkFormal notice

    2,500jobs cut

Every announcement

Newest first. Employers in the Index and rounds of 250 jobs or more lead; smaller notices at other employers fold under each month, read under the same rule.

November 2026 2

  1. 4th Nov
    BMW offers voluntary redundancy

    Voluntary exit offeredMünchenOne major outlet so far

    No figure
  2. 3rd Nov
    Disney reported to be weighing job cuts

    Reported to be weighing cutsReported by 4 major outlets

    No figure

November 2026, day by day →

October 2026 1113,720 jobs

  1. 29th Oct
    Volkswagen to cut 100,000 jobs

    Cuts announcedZwickauReported by 2 major outlets

    100,000jobs, not yet confirmed
  2. 28th Oct
    Amazon to cut 250 jobs

    Cuts announcedTrade press only

    250jobs cut
  3. 23rd Oct
    American Express to cut 3,500 jobs

    Cuts announcedReported by 4 major outletsAI cited

    3,500jobs cut
  4. 22nd Oct
    Barclays to cut 5,000 jobs

    Cuts announcedUK, IndiaReported by 6 major outletsAI cited

    5,000jobs cut
  5. 14th Oct
    GSK to cut 1,217 jobs

    Cuts announcedBelgiumOne major outlet so far

    1,217jobs cut
  6. 7th Oct
    Royal Mail to cut 2,500 jobs

    Cuts announcedUKReported by 5 major outlets

    2,500jobs cut
  7. 7th Oct
    Amazon to cut 1,000 jobs

    Cuts announcedIndia, UKOne major outlet so far

    1,000jobs cut
  8. 7th Oct
    Nokia to cut 253 jobs

    Cuts announcedFinlandOne major outlet so far

    253jobs cut
  9. 7th Oct
    Oracle to cut 70 jobs

    Cuts announcedDublin, GalwayReported by 2 major outletsAI cited

    70jobs, not yet confirmed
  10. 6th Oct
    HSBC reported to be weighing job cuts

    Reported to be weighing cutsUKReported by 3 major outletsAI cited

    No figure
  11. 4th Oct
    Deutsche Telekom: AI efficiency drive

    AI efficiency driveOne major outlet so farAI cited

    No figure

October 2026, day by day →

September 2026 55,300 jobs
  1. 29th Sep
    Disney to cut 300 jobs

    Cuts announcedReported by 4 major outlets

    300jobs cut
  2. 14th Sep
    Oracle announces job cuts

    Cuts announcedTrade press only

    No figure
  3. 11th Sep
    Oracle books a restructuring charge

    Restructuring chargeRedwood City, CaliforniaReported by 2 major outletsAI cited

    No figure
  4. 6th Sep
    Jaguar Land Rover to cut 4,000 jobs

    Cuts announcedSolihull, WarwickshireReported by 8 major outlets

    4,000jobs cut

September 2026, day by day →

August 2026 3
  1. 11th Aug
    Oracle reported to be weighing 21,000 job cuts

    Reported to be weighing cutsTrade press only

    21,000jobs, not yet confirmed
  2. 6th Aug
    Diageo announces job cuts

    Cuts announcedOne major outlet so far

    No figure
  3. 4th Aug
    Pfizer reported to be weighing job cuts

    Reported to be weighing cutsOne major outlet so far

    No figure

August 2026, day by day →

July 2026 5300 jobs
  1. 30th Jul
    Jaguar Land Rover to cut 300 jobs

    Cuts announcedSolihull, WolverhamptonReported by 2 major outlets

    300jobs cut
  2. 30th Jul
    Lloyds Banking Group: AI efficiency drive

    AI efficiency driveOne major outlet so farAI cited

    No figure
  3. 29th Jul
    BMW offers voluntary exit to 8,000 staff

    Voluntary exit offeredMunichReported by 6 major outlets

    8,000places offered
  4. 22nd Jul
    Diageo reported to be weighing job cuts

    Reported to be weighing cutsOne major outlet so far

    No figure
  5. 20th Jul
    Intel reported to be weighing job cuts

    Reported to be weighing cutsTrade press only

    No figure

July 2026, day by day →

June 2026 25,500 jobs
  1. 29th Jun
    British American Tobacco to cut 5,500 jobs

    Cuts announcedReported by 4 major outletsAI cited

    5,500jobs cut
  2. 17th Jun
    Diageo reported to be weighing job cuts

    Reported to be weighing cutsReported by 3 major outlets

    No figure

June 2026, day by day →

May 2026 58,300 jobs
  1. 20th May
    Meta to cut 8,000 jobs

    Cuts announcedReported by 6 major outletsAI cited

    8,000jobs, not yet confirmed
  2. 18th May
    Standard Chartered: AI efficiency drive

    AI efficiency driveReported by 7 major outletsAI cited

    7,000jobs cut
  3. 11th May
    General Motors to cut 600 jobs

    Cuts announcedUSOne major outlet so farAI cited

    600jobs cut
  4. 11th May
    Starbucks to cut 361 jobs

    Cuts announcedUSReported by 2 major outlets

    361jobs, not yet confirmed
  5. 5th May
    Coinbase to cut 700 jobs

    Cuts announcedFormal noticeAI cited

    700jobs cut

May 2026, day by day →

April 2026 54,374 jobs
  1. 30th Apr
    Meta to cut 74 jobs

    Cuts announcedNew JerseyFormal notice

    74jobs cut
  2. 20th Apr
    Meta to cut 8,000 jobs

    Cuts announcedUSReported by 7 major outletsAI cited

    8,000jobs, not yet confirmed
  3. 14th Apr
    Disney to cut 1,000 jobs

    Cuts announcedReported by 2 major outlets

    1,000jobs cut
  4. 14th Apr
    Renault to cut 2,000 jobs

    Cuts announcedGuyancourt, South KoreaReported by 4 major outlets

    2,000jobs, not yet confirmed
  5. 8th Apr
    John Lewis Partnership to cut 3,300 jobs

    Cuts announcedUKOne major outlet so far

    3,300jobs cut

April 2026, day by day →

March 2026 632,500 jobs
  1. 31st Mar
    Oracle to cut 30,000 jobs

    Cuts announcedMissouriFormal noticeAI cited

    30,000jobs cut
  2. 25th Mar
    BT Group reported to be weighing 700 job cuts

    Reported to be weighing cutsSunderlandOne major outlet so far

    700jobs, not yet confirmed
  3. 18th Mar
    HSBC reported to be weighing 20,000 job cuts

    Reported to be weighing cutsReported by 2 major outletsAI cited

    20,000jobs, not yet confirmed
  4. 16th Mar
    Meta reported to be weighing job cuts

    Reported to be weighing cutsOne major outlet so farAI cited

    No figure
  5. 5th Mar
    Oracle reported to be weighing job cuts

    Reported to be weighing cutsReported by 2 major outletsAI cited

    No figure
  6. 4th Mar
    Morgan Stanley to cut 2,500 jobs

    Cuts announcedNew YorkFormal notice

    2,500jobs cut

March 2026, day by day →

February 2026 51,000 jobs
  1. 26th Feb
    Ocado to cut 1,000 jobs

    Cuts announcedHatfieldReported by 4 major outlets

    1,000jobs cut
  2. 9th Feb
    Ocado reported to be weighing 1,000 job cuts

    Reported to be weighing cutsUKOne major outlet so far

    1,000jobs, not yet confirmed
  3. 8th Feb
    Ocado to cut 1,000 jobs

    Cuts announcedUKOne major outlet so far

    1,000jobs, not yet confirmed
  4. 8th Feb
    Ocado reported to be weighing 1,000 job cuts

    Reported to be weighing cutsUKReported by 2 major outlets

    1,000jobs, not yet confirmed
  5. 2nd Feb
    Oracle reported to be weighing 25,000 job cuts

    Reported to be weighing cutsTrade press only

    25,000jobs, not yet confirmed

February 2026, day by day →

January 2026 719,400 jobs
  1. 30th Jan
    Bosch to cut 20,000 jobs

    Cuts announcedGermanyOne major outlet so far

    20,000jobs, not yet confirmed
  2. 27th Jan
    Amazon to cut 16,000 jobs

    Cuts announcedCalifornia, WashingtonFormal notice

    16,000jobs cut
  3. 23rd Jan
    Citigroup announces job cuts

    Cuts announcedOne major outlet so far

    No figure
  4. 21st Jan
    Société Générale to cut 1,800 jobs

    Cuts announcedFranceReported by 8 major outlets

    1,800jobs cut
  5. 15th Jan
    Asda to cut 150 jobs

    Cuts announcedYorkshireOne major outlet so far

    150jobs, not yet confirmed
  6. 14th Jan
    Ericsson to cut 1,600 jobs

    Cuts announcedSwedenReported by 2 major outlets

    1,600jobs cut
  7. 12th Jan
    Meta to cut 1,500 jobs

    Cuts announcedReported by 4 major outletsAI cited

    1,500jobs, not yet confirmed

January 2026, day by day →

December 2025 1
  1. 10th Dec
    Pfizer to cut 200 jobs

    Cuts announcedSwitzerlandOne major outlet so far

    200jobs, not yet confirmed

December 2025, day by day →

November 2025 1550 jobs
  1. 25th Nov
    Novartis to cut 550 jobs

    Cuts announcedSteinReported by 3 major outlets

    550jobs cut

November 2025, day by day →

Labels are our opinion, reached by applying one published rule to the sources listed on each employer’s page. Summaries are machine-written from the best source; the source is what counts. How it works