Standard Chartered is reportedly planning 7,000 job cuts as the bank accelerates AI adoption and operational restructuring efforts.
Meta plans to cut 10% of its workforce, impacting around 8,000 employees as part of restructuring efforts.
Amazon has confirmed plans to cut about 16,000 roles globally as part of a restructuring effort aimed at streamlining operations and refocusing on key growth areas.
Salesforce trims roles as AI takes on more routine support tasks, reflecting a wider enterprise shift to automated service with human oversight and stronger governance.