Tech Layoffs Surpass 100,000 in 2026 Amid AI-Driven Cost Cutting

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Over 100,000 tech jobs lost in 2026, with companies like Intel, LinkedIn, and Meta cutting staff while investing $725 billion in AI, shifting demand towards AI-fluent engineers

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Over 100,000 tech jobs lost in 2026, with companies like Intel, LinkedIn, and Meta cutting staff while investing $725 billion in AI, shifting demand towards AI-fluent engineers

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Microsoft is cutting approximately 4,800 jobs, about 2% of its global workforce, as part of a cost-cutting and restructuring effort. The struggling Xbox gaming division will see the deepest overhaul in its history, with 3,200 gaming jobs shed, four studios spun off or sold, and a fifth under review.

Economic Times

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Times of India

Tech Layoffs Surpass 100,000 in 2026 Amid AI-Driven Cost Cutting

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Microsoft Begins New Fiscal Year with Significant Layoffs, Xbox Hit Hardest