Top News

Global tech layoffs in 2026 have already crossed last year’s full-year total, with 123,305 employees losing jobs across 289 companies, according to Layoffs.fyi. Oracle, Amazon and Dell reported some of the biggest cuts. The industry’s restructuring is being driven by cost control, post-pandemic corrections and growing adoption of artificial intelligence.

The global technology sector has crossed a grim milestone with four months still left in the year. Fresh data shows that job cuts across the industry in 2026 have already exceeded the total number of layoffs recorded through all of 2025.

As per Layoffs.fyi, 1,23,305 tech employees across 289 companies have been laid off in 2026 to date, compared to 1,22,606 employees across 278 companies for the entirety of 2025. That puts this year's total ahead of last year's by 699 job cuts, despite nearly a third of 2026 still remaining.

Which companies have cut the most jobs

Large technology companies account for a significant share of this year's reductions. Oracle leads the list with close to 21,000 job cuts, followed by Amazon at 17,267, Dell at 11,000, and Meta at 10,400. Microsoft has cut roughly 4,800 positions, while PayPal, Block, and Cisco have each reduced headcount by approximately 4,000 or more. Other companies that have trimmed staff include Intuit, WiseTech, ASML, Atlassian, Ericsson, and Lucid Motors. Closer home, Zomato recently let go of 250 employees, per the same data.