Nearly 130,000 tech jobs vanished in 2026 amid AI-driven restructuring
Business Today 1 month ago 53
Tech companies laid off nearly 130,000 employees in 2026, with Amazon, Meta, Oracle and others named, and layoffs accelerating in a 10-day window. Over 6,300 jobs were lost within those 10 days. The result is broader workforce cuts across functions while companies shift spending toward AI, cloud, and automation and reduce roles deemed redundant.