Layoffs at large companies outside the tech industry in 2026, from banks and retailers to logistics and chemicals. Every entry links to its source: an SEC filing, a company statement or a memo published by a news outlet. Tech companies are in our separate tech layoff tracker.
Layoffs confirmed in 20267Each with a company source
Jobs cut, at least45,400Where the company gave a number
Largest cut30,000UPS, Jan 27
- American Express−3,500Oct 23, 2026 · Financial services · About 5% of staff (about 3,500 roles)Restructuring tied to efficiency initiatives, paid for with part of the $982 million gain from selling its stake in Global Business Travel Group, according to the Q3 earnings release. Reuters puts the cut at about 3,500 roles, or 5% of employees worldwide.Company statementQ3 earnings release (SEC) and Reuters
- Barclays−5,000Oct 22, 2026 · Banking · About 5,000 jobs (around 5% of the global workforce)1,000 posts already closed and 4,000 more by the end of 2026, focused on the UK retail bank, with a large share in back-office work done in India; about 60% in support functions, including developers. CEO C.S. Venkatakrishnan said AI has an important role. The Q3 results describe technology-enabled FTE reductions.Company statementCompany results, via BBC
- NikeNot disclosedOct 1, 2026 · Retail and apparel · Not disclosed ($1.0 billion program)Multi-year program called Pace: supply-chain changes, a new campus in India, three regional operating units and further streamlining. Pre-tax charges of about $1.0 billion, mostly severance and other employee costs, through fiscal 2031, on top of about $0.3 billion of severance from the March 2026 plan.SEC filingSEC Form 8-K, Item 2.05
- Nike−1,400Apr 23, 2026 · Retail and apparel · About 1,400 roles (less than 2% of staff)Memo from COO Venkatesh Alagirisamy: roles cut in global operations, the majority in technology, across North America, Asia and Europe. Nike's second round of 2026 after 775 roles in January.Company statementCOO memo via CNBC
- Disney−1,000Apr 14, 2026 · Media and entertainment · About 1,000 employeesFirst cuts under CEO Josh D'Amaro, announced in a memo: studios, TV networks, ESPN, product and technology teams and corporate functions.Company statementCEO memo via Deadline
- Dow−4,500Jan 29, 2026 · Chemicals · About 4,500 roles globallyPart of Transform to Outperform, which aims to add at least $2 billion in near-term operating EBITDA, in part by using AI and automation. Severance and related costs of $600 million to $800 million.SEC filingSEC Form 8-K, Item 2.05
- UPS−30,000Jan 27, 2026 · Logistics · Up to 30,000 operational positionsAnnounced by CFO Brian Dykes on the Q4 2025 earnings call: reductions through attrition and a second voluntary buyout program for full-time drivers, with 24 buildings closing in the first half, as UPS winds down Amazon volume. Follows about 48,000 job cuts in 2025.Company statementCFO on earnings call, via CNBC
- Citigroup−1,000Jan 12, 2026 · Banking · About 1,000 jobs (reported)Bloomberg reported, citing unnamed sources, about 1,000 cuts that week as part of a plan to eliminate 20,000 roles by the end of 2026. Citi said it will continue to reduce headcount in 2026 but gave no number.ReportedBloomberg via PYMNTS
How we count
- We add a layoff when the company confirms it: an SEC filing, an earnings release or call, or a memo or statement reported by a news outlet.
- “Jobs cut” uses the number the company gave. Some companies give only a cost or a percentage; we show what they disclosed and do not estimate.
- Reports based on unnamed sources are labeled “Reported” and hidden unless you tick “Include reported”.
- Voluntary buyouts and attrition are noted as such. UPS, for example, said its 2026 reductions will come mainly through attrition and a voluntary buyout for drivers.
Not in the list yet
- Omnicom: reports say the ad group is targeting about 15,000 fewer staff by the end of 2026 after buying Interpublic. We have not found a company statement with that number.
- General Motors: the widely shared “1,300” was a temporary layoff at the Factory Zero EV plant in March, not a permanent cut. GM’s permanent cuts this year came in separate, smaller rounds.
- Renault: up to 2,400 engineering jobs, mostly outside the US.
Know about a layoff that should be here? Report it and we will check it against a primary source.
Frequently asked questions
Which non-tech company has announced the most job cuts in 2026?
UPS, with up to 30,000 operational positions, most of them through attrition and voluntary buyouts rather than layoffs.
Are banks cutting jobs because of AI?
Some say so. Barclays tied its 5,000 cuts partly to AI, and Dow said its plan relies in part on AI and automation. American Express described its cuts as efficiency initiatives.
Where can I see layoff notices filed with states?
In our WARN notice tracker, updated every hour from 12 states.