Major global companies Meta, BlackRock, and Citigroup have announced significant layoffs in early 2026, continuing a trend from the previous year. BlackRock plans to cut hundreds of jobs globally, while Meta is reportedly reducing its Reality Labs division by approximately 10% to reallocate resources towards AI. Citigroup is also laying off around 1,000 employees as part of a long-term restructuring plan to eliminate 20,000 roles by the end of 2026. These cuts reflect ongoing corporate restructuring, cost control measures, and strategic shifts towards new technologies like AI.