Layoffs: Layoffs at major tech and financial companies appear to be on the rise as early as 2026. E-commerce giant Amazon recently cut its robotics division, and investment banking giant Morgan Stanley cut its global workforce.
Add informalnewz.com as a Preferred Source
Layoff: The wave of layoffs at major tech and financial companies appears to be slowing as early as 2026. E-commerce giant Amazon recently cut its robotics division, and investment banking giant Morgan Stanley plans to cut approximately 2,500 people (about 3% of its total workforce) from its global workforce, according to the Wall Street Journal.
Who will be most affected?
These layoffs will be implemented across the company’s three major divisions: Institutional Securities, Wealth Management, and Investment Management. Reports indicate that financial advisors will be excluded. These layoffs are likely to be global.
When will the layoffs take effect?
According to a Business Insider report, Morgan Stanley may begin laying off employees this month. Interestingly, these layoffs are not due to artificial intelligence (AI), but rather based on changing business priorities, global location strategy, and individual performance reviews. Last year, the company also cut approximately 2,000 positions.
Amazon is also making layoffs
According to a Business Insider report, tech giant Amazon implemented another round of layoffs this week, this time targeting the company’s robotics division.
How many employees were unemployed?
The company has not disclosed the exact number of employees affected. However, a spokesperson described it as a “relatively small number.” Amazon is believed to have taken the action on Tuesday.
What’s the company’s position?
Scott Dresser, Amazon’s vice president of robotics, described the decision as “difficult but necessary” in an internal message. He also clarified that robotics remains a strategic priority for the company. A company spokesperson said, “We regularly review our organizations to ensure teams are properly prepared for innovation and improved customer service.” An official statement said that Amazon is providing affected employees with severance pay, health insurance benefits, and job search assistance.
What’s the big reason?
According to reports, Amazon recently shelved its Blue Jay Robotics project, a warehouse robot. The company is now moving toward a new robotics system, which is why this restructuring is taking place.
Amazon’s Layoffs Figures So Far
Amazon has been continuously cutting costs. Since 2022, the company has laid off approximately 57,000 employees. In January 2026, 16,000 corporate employees were laid off. A large-scale layoff occurred in October 2025, with 27,000 employees laid off in 2023.
What is the role of AI?
Amazon CEO Andy Jassy has previously hinted that the increasing use of generative AI could lead to a reduction in the company’s corporate workforce. On the other hand, Morgan Stanley’s layoffs are not directly linked to AI.
