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92,000+ layoffs signal how AI era is driving job cuts and rise of 50-person unicorns
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Times of India·08.05.2026·🇮🇳India·General

92,000+ layoffs signal how AI era is driving job cuts and rise of 50-person unicorns

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Over 92,000 tech jobs vanished in 2026, pushing the total since 2020 to nearly 900,000. Giants like Meta and Microsoft are cutting thousands, signaling a structural shift driven by AI efficiencies and pandemic over-hiring. Despite massive layoffs, tech titans are investing billions in AI, while startups achieve rapid growth with leaner teams, redefining business expansion in the AI era.

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