Tech Giants Amazon, Meta, TCS, Pinterest Announce Major Layoffs in 2026
Brand Marketing
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Storyboard•30-01-2026, 14:33
Tech Giants Amazon, Meta, TCS, Pinterest Announce Major Layoffs in 2026
- •Amazon is cutting 16,000 corporate roles globally, aiming for 30,000 total cuts, citing efficiency and reduced bureaucracy.
- •Meta's Reality Labs division plans to reduce its workforce by 10%, impacting metaverse initiatives after significant financial losses.
- •Pinterest is laying off over 15% of its global workforce to restructure and focus on AI-skilled talent.
- •Expedia Group is also implementing job cuts to simplify its organizational structure and improve accountability.
- •TCS is reducing its workforce by approximately 2%, primarily affecting middle and senior management due to automation and changing demand.
Why It Matters: Major tech companies are continuing layoffs in 2026, driven by AI integration and organizational restructuring.
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