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Cisco is cutting nearly 4,000 jobs, starting with 471 in California, to fund its AI push

Cisco Systems plans to eliminate nearly 4,000 jobs across its workforce, with the first confirmed batch affecting 471 positions in California. The cuts are tied to a broader corporate shift toward artificial intelligence spending, a move that puts thousands of workers on notice while the company redirects capital. The timing of the disclosure, filed alongside…

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Globe House, British American Tobacco, Temple Place

British American Tobacco is cutting 9,000 jobs, about one in five workers, and pointing to AI

British American Tobacco announced plans to eliminate 9,000 positions, roughly one in five of its workforce, in a restructuring the company tied directly to artificial intelligence adoption. The cuts represent one of the largest single workforce reductions in the tobacco sector’s recent history, arriving as traditional cigarette sales continue to shrink and pressure mounts on…

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Employees carrying boxes after job loss

Blue Diamond is closing its historic Sacramento almond plant, cutting about 600 jobs

Blue Diamond Growers plans to shut down its longtime Sacramento almond processing plant, a move that will eliminate roughly 600 jobs at a facility that has operated for more than a century. The cooperative filed a Worker Adjustment and Retraining Notification with the state, triggering a 60-day countdown for affected workers and putting Sacramento County…

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Woman carrying cardboard box side view

Layoffs actually cooled in June to 45,849 announced cuts, the fewest since December

U.S. employers announced 45,849 job cuts in June, a 53% drop from May’s 97,006 and the lowest monthly total since December 2025. The sharp pullback arrived as artificial intelligence held its position as the top cited reason for workforce reductions for the fourth straight month, raising a pointed question: does the cooldown signal genuine labor-market…

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A tall building with a microsoft logo on top of it

Microsoft and Verizon have each cut roughly 15,000 jobs in 2026

Roughly 15,000 workers at Verizon and a comparable number at Microsoft have lost their jobs in 2026, as two of America’s largest employers shed management and engineering roles in rapid succession. Verizon cut more than 13,000 non-union positions, while Microsoft eliminated thousands across multiple rounds. The scale and timing of these reductions raise a pointed…

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an amazon store with a person sitting in front of it

Amazon has cut about 16,000 corporate jobs so far this year

Amazon has eliminated roughly 16,000 corporate positions so far this year across two rounds of cuts, according to the Associated Press, which attributed the figure to a blog post by Beth Galetti, the company’s senior vice president of people experience and technology. The reductions follow an October 2025 announcement that about 14,000 corporate roles would…

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Exterior view of Intel’s headquarters with logo in San José, California.

Intel has now cut 27,000 jobs, one of the largest layoffs in tech history

Roughly 27,000 workers have lost their jobs at Intel across overlapping rounds of cuts that began in 2024 and continued into 2026, making the chipmaker’s restructuring one of the deepest workforce reductions in modern tech history. The company’s own quarterly filings with the Securities and Exchange Commission trace a clear line from announced targets to…

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