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What are the top 10 largest layoffs or job cuts announced by companies this year?

As an AI language model, I don’t have real-time data or access to current news articles. However, I can provide you with an example list of significant layoffs or job cuts announced in the past. Please note that this may not reflect the most recent year’s events as there could be considerable fluctuations. Here is an example of significant layoffs announced in a given year:

1. The Boeing Company – In 2020, Boeing announced around 16,000 job cuts due to the impact of the COVID-19 pandemic on its airline customers.
2. Wells Fargo – In October 2020, Wells Fargo announced plans to lay off thousands of employees over the next three years as part of their cost-cutting measures.
3. Royal Dutch Shell – Shell announced in September 2020 that they would cut 9,000 jobs globally by 2022 due to a combination of factors, including the COVID-19 pandemic and a shift to renewable energy.
4. United Airlines – Due to significant losses caused by the pandemic, United Airlines announced plans to lay off around 16,000 employees in September 2020.
5. Cisco – In August 2020, Cisco Systems announced it would lay off around 8% of its workforce, which amounted to about 6,000 job cuts, as it restructures operations to adapt to changing market demands.
6. British Airways – In April 2020, British Airways announced plans to cut up to 12,000 jobs, roughly 30% of its workforce, due to a decline in air travel caused by the COVID-19 pandemic.
7. Uber – In May 2020, Uber Technologies Inc announced layoffs of around 6,700 employees, accounting for approximately 25% of its global workforce as the pandemic heavily impacted demand for ride-sharing services.
8. IBM – In January 2020, IBM initiated a significant workforce restructuring plan that involved laying off an estimated 1,700 employees in multiple divisions, including its Watson AI unit.
9. Chevron Corporation – In October 2020, Chevron announced its plans to reduce its global workforce by 10-15% as part of a cost-cutting initiative in response to the economic uncertainty caused by the pandemic.
10. AT&T – In 2020, AT&T revealed it would lay off thousands of employees as part of its workforce optimization strategy to adapt to changing market dynamics.

It’s important to refer to recent news articles or business sources for the most up-to-date information on layoffs or job cuts announced by companies.

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