Cloudflare cuts 1,100+ jobs despite beating Q1 earnings. CEO Matthew Prince cites a 600% surge in AI agent use as the catalyst for this "AI-first" metamorphosis.
Layoffs 2026
Oracle has initiated its largest layoff in history, cutting up to 30,000 jobs to pivot $10B toward AI infrastructure amid a 50% stock decline and rising debt.
Amazon confirms 16,000 new layoffs in Jan 2026, completing a 30,000-person cut. Discover how the titan is swapping managers for Generative AI tech.
Meta cuts 1,000+ Reality Labs staff in January 2026, shifting focus from expensive VR headsets to AI-powered smart glasses and mobile wearables.