Tech layoffs widen
- More than 73,000 layoffs were logged across 95 tech companies in Q1, showing accelerating industry job cuts. - Slate reports many formerly coveted tech workers are now struggling to find roles, suggesting market bifurcation. - That divergence means specialized hardware and systems engineers remain relatively scarce despite broader labor softening. (prokerala.com) (slate.com)
Tech job cuts kept spreading in early 2026, with 73,212 layoffs logged across 95 companies by April 20. (layoffs.fyi) The tally comes from Layoffs.fyi, a live tracker run by startup founder Roger Lee that has followed public tech layoffs since March 11, 2020. The site shows the 2026 count updating in real time as companies announce cuts. (layoffs.fyi) The squeeze is landing on workers who, a few years ago, could count on recruiters calling first. In a Slate essay published April 20, former Meta content strategist Foram Mehta wrote that she had applied to at least 100 roles in the past year after losing her job on February 10, 2025. (slate.com) Mehta wrote that “more than 1.2 million” tech workers have been laid off since 2022, citing TrueUp, and described a market where referrals, résumé tailoring, and a Big Tech brand name no longer guarantee interviews. Slate published the piece on April 20, 2026. (slate.com) Federal labor data shows the broad cooling has reached computer work, but not evenly. The U.S. Bureau of Labor Statistics reported 267,000 unemployed people in computer and mathematical occupations in March 2026, up from 221,000 a year earlier, and the unemployment rate for that group rose to 3.9 percent from 3.1 percent. (bls.gov) Architecture and engineering jobs also weakened on the same table, with 87,000 unemployed workers in March 2026 versus 56,000 in March 2025. But that category’s 2.2 percent unemployment rate still sat well below the national 4.3 percent rate in March 2026. (bls.gov) That split helps explain why some technical specialties still look tighter than the rest of tech. The Bureau of Labor Statistics said in a March 2025 analysis that generative artificial intelligence is most likely to affect work whose core tasks are easier to replicate, while demand can still rise for people who build and maintain complex systems and data infrastructure. (bls.gov) The same agency projects software developer employment to keep growing over the decade even as hiring slows in the short term. Its Occupational Outlook Handbook says software developers, quality assurance analysts, and testers are projected to grow 15 percent from 2024 to 2034, with about 129,200 openings a year on average. (bls.gov) Across computer and information technology occupations as a whole, the government projects about 317,700 openings a year from 2024 to 2034, with median annual pay of $105,990 in May 2024. That leaves tech with two realities at once in April 2026: a rising layoff count and a narrower set of roles that employers still struggle to fill. (bls.gov)