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Companies laying off employees in February announced planned reductions
Summary
Several companies, including UPS, Amazon and Nordstrom Card Services, have announced layoffs scheduled for early 2026; UPS said it will cut about 30,000 operational jobs and Amazon announced roughly 16,000 reductions.
Content
Several companies have announced layoffs set for early 2026, affecting employees across tech, logistics and retail. The notices and company statements name firms such as Amazon, UPS, Nordstrom Card Services, Meta and Nike. Employers cited changing market conditions and increased use of artificial intelligence as factors referenced in public comments. Some companies described the moves as restructuring or tactical adjustments.
Key points:
- Multiple employers have issued public notices or statements announcing planned job cuts for early 2026, with reported impacts varying by company.
- UPS stated it will reduce about 30,000 operational jobs and close 24 buildings in the first half of the year; the company’s chief financial officer described the change as a tactical move.
- Amazon announced roughly 16,000 job reductions in late January, and Nordstrom Card Services was listed in WARNTracker for 11–15 layoffs in late February; Meta and Nike have also reported cuts in specific units.
Summary:
The announced layoffs reflect companies adjusting staffing and operations amid shifting demand and technological changes. The short-term impact will differ by employer and region. Undetermined at this time.
