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LayoffTrends
2026 Data · Updated Every 2 Hours

Displacement by Sector

A breakdown of workforce reductions across industries in 2026. Technology leads all sectors for the fourth consecutive year, driven by AI-driven automation and cost restructuring.

Sector Overview
Technology
82,400
+34% vs 2025 · 37 companies reporting
Notable: Intel, Tesla, Cisco, Dell, Spotify
Finance
34,100
+18% vs 2025 · 18 companies reporting
Notable: Citigroup, Goldman Sachs, Wells Fargo
Healthcare
22,600
+22% vs 2025 · 14 companies reporting
Notable: Pfizer, Johnson & Johnson, Merck
Retail & e-Com
19,800
+11% vs 2025 · 12 companies reporting
Notable: Amazon, Target, Wayfair
Media
14,500
+41% vs 2025 · 9 companies reporting
Notable: Warner Bros, Paramount, BuzzFeed
Manufacturing
12,100
+8% vs 2025 · 8 companies reporting
Notable: Ford, 3M, Honeywell
Education
8,200
+29% vs 2025 · 6 companies reporting
Notable: Chegg, 2U, Coursera
Real Estate
5,700
+15% vs 2025 · 4 companies reporting
Notable: Zillow, Opendoor, Compass
Notable Restructuring Events — Q1 2026
PeriodSectorCompanyJobsDriver
Q1 2026 Technology Intel 15,000 Cost restructuring + AI pivot
Q1 2026 Finance Citigroup 4,200 AI-driven back-office automation
Q1 2026 Media Spotify 1,600 Generative AI content curation
Q1 2026 Technology Cisco 4,000 Network hardware demand decline
Q1 2026 Technology Tesla 14,000 EV demand softening, DOGE pressure
Q1 2026 Healthcare Pfizer 3,100 Post-COVID portfolio rightsizing
Q1 2026 Retail Amazon 2,800 Alexa + devices division cut
Q1 2026 Technology OpenAI +1,500 Aggressive scaling across all orgs
Q1 2026 Technology Nvidia +8,200 AI chip demand, massive expansion