<ul><li>Bob Iger, CEO of Disney, confirmed that the company was laying off several hundred employees globally.</li><li>Companies such as UPS, Meta, Microsoft, BlackRock, and Block are also conducting layoffs amidst technological changes.</li><li>Adidas plans to cut up to 500 jobs in Germany despite strong performance.</li><li>Ally is laying off about 500 employees as part of right-sizing the company.</li><li>Automattic, parent company of Tumblr and WordPress, is cutting 16% of its staff globally.</li><li>BlackRock is planning to cut about 200 jobs while also adding workers in other areas.</li><li>Block, the fintech company, is laying off nearly 1,000 employees as part of operational streamlining.</li><li>Blue Origin, Jeff Bezos's rocket company, is laying off about 10% of its workforce.</li><li>Boeing plans to cut 400 roles from its moon rocket program due to delays and rising costs.</li><li>BP is slashing 7,700 staff and contractor positions worldwide to simplify and focus its operations.</li></ul>

The list of major companies laying off staff this year, including Morgan Stanley, Disney, UPS, and Meta

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