Snap cuts 1,000 as tech layoffs top 92,000 so far in 2026

- March 2026 saw roughly 45,800 tech layoffs and over 92,000 job cuts so far in 2026, indicating a worse hiring market for tech workers. - Snap is cutting about 1,000 roles as it pivots toward profitability with AI, showing the contraction has reached Los Angeles firms and local hiring pressure. - Demand is concentrating on infrastructure, automation and revenue-linked roles amid more selective hiring and raised competition for grads. (techradar.com) (labusinessjournal.com)