The full list of major US companies slashing staff next year, from Nike to Intel

Nike has an up-to-$2 billion cost-cutting plan that will include layoffs moving into 2024.Gary Hershorn/Getty Images

• 2023's job cuts aren't the end of layoffs, with further reductions on the cards in 2024.
• Companies like Nike, Intel, and Citigroup have announced plans for cuts in the new year.

A slew of companies across the tech, media, finance and retail industries made significant cuts to staff in 2023. Major tech players like Google and Meta, finance giants like Goldman Sachs, and manufacturers like Dow all announced layoffs.

And the forecast for next year is already looking grim.

Thirty eight percent of business leaders surveyed by ResumeBuilder think layoffs are likely in 2024, and around half say their company will implement a hiring freeze. ResumeBuilder talked to around 900 leaders at organizations with more than 10 employees.

Half of those surveyed cited concerns about a recession as a reason.

Another major reason: artificial intelligence. Around 4 in 10 respondents said they'll have to conduct layoffs as they replace workers with AI. The trend has already begun, with major tech companies like Dropbox, Google, and IBM announcing layoffs as part of a new focus on AI.

Here are the companies that plan to make cuts in 2024.