Job cuts 2026: After Layoffs at Oracle Which Top Companies Plan to Reduce Their Workforce?
Job cuts 2026: Cloud technology company Oracle has laid off a large number of employees globally. According to reports, Oracle could lay off approximately 20,000 to 30,000 employees, which constitutes about 18 percent of its total workforce.
Layoffs at Walt Disney
Following Oracle, entertainment sector giant Walt Disney is also set to undergo major layoffs. These layoffs are expected to take place in the coming weeks. The company plans to lay off 1,000 employees. According to a report, these layoffs are likely to have the most significant impact on the company's marketing division.
GoPro to lay off one-quarter of its workforce
Additionally, action camera manufacturer GoPro is also preparing to make substantial cuts to its employee count. In a regulatory filing, the company stated that it intends to lay off approximately one-quarter of its workforce as part of an internal restructuring effort. The U.S. action camera maker, GoPro, has announced that it will reduce a significant portion of its workforce in an effort to cut costs and return to profitability.
Will Amazon also lay off employees?
News of another round of large-scale layoffs at the global tech giant Amazon has once again created a stir. Reports circulating widely on social media and job platforms claimed that the company could soon lay off 14,000 employees. However, the company has now issued an official statement regarding this news.
On Wednesday, a report went viral claiming that, following the layoff of 16,000 employees in January, the company is now preparing for another major round of layoffs. This information first surfaced on the job forum "Blind," where an alleged insider claimed that a large-scale restructuring is currently underway within the company.
Responding to these reports, Amazon categorically stated that they are entirely incorrect. The company asserted that these claims are untrue and completely baseless. In other words, there has been no confirmation of any layoffs involving 14,000 employees at this time.