Major US Companies Announce Over 165,000 Job Cuts Amid AI Transformation, Cost Pressures, and Slowing Demand.
ByAinvest
Thursday, Jan 22, 2026 11:10 am ET1min read
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U.S. corporate workforce faces a massive structural shift in 2026, with over 1.17 million workers losing jobs. Companies like Amazon, Intel, Microsoft, UPS, FedEx, Verizon, and Citigroup have announced deep workforce reductions due to AI transformation, cost pressures, inflation, and slowing demand. The manufacturing sector is particularly affected, with Intel cutting up to 15% of its workforce and UPS reducing 48,000 roles.
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