Tech layoffs top 90,000 this year
- Meta said on April 23 it will cut about 8,000 jobs, while Microsoft opened buyouts to roughly 8,750 U.S. workers and Nike cut 1,400. - Layoffs.fyi counted 92,272 tech workers laid off at 98 companies by April 27, while Yahoo’s broader tracker put 2026 tech cuts above 104,000. - AI spending and post-pandemic downsizing are driving the cuts. (layoffs.fyi) (cnbc.com)
Tech layoffs have already passed 92,000 in 2026, and one April 23 wave alone hit Meta, Microsoft and Nike. (layoffs.fyi) (finance.yahoo.com) Meta told employees on April 23 that it would cut 10% of its workforce, or about 8,000 jobs, and cancel plans to fill 6,000 open roles. (finance.yahoo.com) (tech.yahoo.com) Microsoft did not announce a layoff that day, but it launched its first voluntary U.S. buyout program in the company’s 51-year history. About 7% of its U.S. workforce is eligible, or roughly 8,750 people based on CNBC’s reported headcount. (cnbc.com) Nike said 1,400 roles would be eliminated in global operations, with most of the cuts falling in technology. Chief Operating Officer Venkatesh Alagirisamy said the move is part of a turnaround and a reshaping of tech teams. (finance.yahoo.com) (tech.yahoo.com) The running total depends on the tracker. Layoffs.fyi showed 92,272 tech workers cut at 98 companies when checked on April 27, while Yahoo Tech cited Trueup data showing more than 104,000 layoffs this year. (layoffs.fyi) (tech.yahoo.com) The cuts are landing as the biggest companies are spending heavily on artificial intelligence infrastructure. CNBC reported that Meta and Microsoft are among the firms pouring hundreds of billions of dollars into data centers and AI services while also reducing headcount. (cnbc.com 1) (cnbc.com 2) Executives are also still unwinding pandemic-era hiring. CNBC said companies are seeking efficiencies from AI while continuing to rightsize after the overexpansion of 2020 through 2022. (cnbc.com) The pressure is not limited to one company or one month. Yahoo Tech said March alone accounted for more than 38,000 tech layoffs, including cuts at Oracle, Epic Games, Eidos Montreal and Meta. (tech.yahoo.com) Some labor experts say the pattern looks less cyclical than in past downturns. Anthony Tuggle, an executive coach quoted by CNBC, said the shift reflects a deeper reorganization of work as AI tools absorb more routine tasks. (cnbc.com) For now, the clearest number is that tens of thousands of tech jobs are already gone before May, with more reductions still being announced company by company. (layoffs.fyi) (tech.yahoo.com)
