AIQuartzabout 2 hours ago
Nine Companies Cut Jobs in 2026
13 min read
Nine companies including Amazon, UPS, Oracle, Meta, and Block plan staff cuts in 2026 due to AI adoption and weak demand. Amazon eliminates 16,000 jobs, while UPS may drop up to 30,000 operational roles. Oracle faces reported plans to cut 20,000 to 30,000 positions, representing 12% to 18% of its global workforce.
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