Amazon Cuts 16,000 Jobs Because Bureaucracy Was Officially Too Much to Pretend
KEY POINTS
- •Amazon announced in January the elimination of around 16,000 corporate roles worldwide, following a similar cut of 14,000 jobs last October.
- •Angi, formerly Angie’s List, laid off about 350 employees citing AI efficiencies, aiming to save between $70 million and $80 million annually.
- •Citi plans to cut 20,000 jobs this year as part of a workforce reduction strategy to save as much as $2.5 billion.
Welcome to 2026, where AI isn’t just taking your job but kudos from Angie’s List (now just Angi), which slashed 350 roles to save $70-$80 million. Amazon doubled down, dropping 16,000 corporate bodies in January after a previous 14,000 in October, blaming 'bureaucracy' like it’s a CEO-level Cleanse Juice Detox. Meanwhile, Citi’s still firing workers to hit its 20,000 employee diet plan for 10% workforce shrinkage, hoping to keep $2.5 billion in the bank. Nike’s streamlining with 775 cuts in Tennessee and Mississippi to automate faster, and on the VR side, Meta’s Reality Labs prepares to ghost 10-15% of its team—because who needs virtual reality when the real world is already terrifying?
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Source: Businessinsider | Published: 1/28/2026 | Author: Dominick Reuter,Katherine Li,Shubhangi Goel,Jordan Hart,Roya Shahidi