AI-fueled layoff wave hits tech sector, 142k+ jobs cut in 2026
Tech layoffs surged in 2026 as AI investments reshape the industry, with Trueup counting over 140,000 cuts so far (about 142k+ and rising toward 144k+). The wave hits a wide swath of companies from Meta, LinkedIn, Wix and Webflow to Cisco, Amazon, PayPal, Microsoft and beyond, as firms accelerate AI adoption and restructuring. March produced a large share of the total, April slowed somewhat, and the pace remains faster than in 2025, prompting policy considerations and buyouts in some organizations as workers seek new opportunities.
