Tech layoffs have already passed 100,000 in 2026 as the industry cuts jobs to fund AI

May 23, 2026 - 05:02
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Tech layoffs have already passed 100,000 in 2026 as the industry cuts jobs to fund AI

Meta's decision to lay off 8,000 workers to offset AI investments while potentially redirecting another 7,000 toward AI-related roles is the largest in a brutal series of tech company layoffs over the past month. Layoffs have exceeded 20,000 in every month of 2026 so far except April.

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