Tech layoffs surge data

Tech layoffs kept climbing in April, with Layoffs.fyi now listing 92,272 jobs cut across 98 tech companies in 2026. (layoffs.fyi) Two days earlier, Mint reported 81,200-plus layoffs across 97 tech firms, a total that already equaled more than half of the 124,201 tech layoffs Layoffs.fyi counted in all of 2025. (livemint.com) The cuts have hit companies with large marketing operations as well as engineering-heavy employers. Disney began laying off about 1,000 employees in mid-April, with many reductions tied to consolidated marketing functions under new chief executive Josh D’Amaro. (cnbc.com) Snap said on April 15 that it would cut about 1,000 employees, or 16% of its workforce, and close at least 300 open roles. Chief executive Evan Spiegel told staff the company was reallocating resources and using artificial intelligence to reduce repetitive work. (cnbc.com) That changes the math for junior marketing jobs because the same openings can now draw applicants with campaign, brand, and performance-marketing experience from larger tech and media companies. Disney’s and Snap’s cuts both reached marketing teams directly, not just back-end technical groups. (variety.com) (cnbc.com) The broader layoff wave is also being driven by spending shifts inside tech. Mint reported that software and software-as-a-service companies have taken the biggest cuts so far in 2026, while firms redirect money toward artificial intelligence infrastructure, automation, and near-term efficiency. (livemint.com) Oracle’s March 31 layoff round became one of the clearest examples of that tradeoff. CNBC reported the company was cutting thousands of jobs as it kept raising capital spending on data centers and artificial intelligence workloads. (cnbc.com) Different trackers show different totals because they count different companies and update on different schedules. TrueUp’s tracker showed 96,093 people affected by 254 tech layoff events as of April 23, while Layoffs.fyi showed 92,272 workers affected at 98 companies the same day. (trueup.io) (layoffs.fyi) For job seekers, the immediate picture is a market with more experienced candidates chasing a smaller set of openings. As long as companies keep shifting payroll dollars into artificial intelligence and cost cuts, entry-level hiring will keep competing with workers who were already doing the job. (livemint.com)