135,000 tech layoffs in 2026: Oracle and UPS cut 30,000 each amid AI adoption
gaganghotra_ · x · 2026-10-24
KobeissiLetter tallies major 2026 layoff announcements: UPS and Oracle 30,000 each, Amazon 16,000, Omnicom 15,000, Meta 8,000, Microsoft 4,800, Cisco 4,000, Uber 3,300, and more. Tech alone has seen 135,000 layoffs across 330 companies this year, driven by rising prices and AI adoption as firms push efficiency.
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