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Thousands are expected to lose their jobs this week at dozens of companies, according to WARN notices reviewed by Newsweek.
Layoffs have hit over a dozen companies in 2026, including Meta, Amazon, and Oracle. AI and economic conditions are reshaping the business landscape.
Disney is expected to lay off as many as 1,000 employees through role eliminations in the coming months, Variety has learned. Many of the cuts are expected to come from the media giant’s marketing department.
Software giant Oracle has six offices located throughout California.