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Tech Layoff Chaos: Once again the phase of layoffs seems to be intensifying in the technology sector. In this sector, which was once considered the fastest growing industry in the world, companies are now continuously laying off their employees. If we talk about the last 10 days, some big tech companies have fired more than 6300 of their employees. According to data from Layoff.fyi, around 1.30 lakh employees have lost their jobs so far in 2026. The companies doing layoff do not do small business but run business on a large scale.

These include big companies like Amazon, Meta, Oracle as well as Uber. The news of thousands of employees losing their jobs within a few days in the beginning of September 2026 has increased the concern. But, what could be the reason behind so many lay-offs? Let us know.

According to media reports, Uber Technology has announced the layoff of about 3,300 employees. This is about 10 percent of the total workforce of the company. It is believed that this is Uber’s biggest layoff after 2020. At the same time, well-known company PayPal is also reducing the number of employees at the global level. According to reports, around 1,700 employees work in the company, out of which more than 1,600 have been laid off. At the same time, the process of lay-off is still going on, some people are going through retrenchment. This is the retrenchment of 4 percent of the company’s employees.

Tech company Apple and food delivery company Zomato have also recently reduced the number of employees. About 250 jobs have been cut in both the companies combined. Not only this, a big round of layoffs is also being seen in Oracle. According to the report, this possible layoff could affect 7,000 to 8,000 employees worldwide.

Seeing such a situation, the question arises that why are such big and well-known companies across the world laying off their employees on such a large scale. According to experts, the rapidly increasing trend of AI and automation is considered to be a major reason behind this. Since the advent of AI and automation, there is a big change in the work as well as structure of the companies.

Companies are adopting AI to increase their productivity, thereby reducing the need for employees in some repetitive and administrative tasks. Not only this, companies are also investing in the field of AI, cloud computing and automation so that they can cut costs.