Tech layoffs have already passed 100,000 in 2026 as the industry cuts jobs to fund AI
https://www.techspot.com/news/112493-tech-layoffs-pass-100000-2026-tracker-points-ai.html
Tech layoffs have already passed 100,000 in 2026 as the industry cuts jobs to fund AI
https://www.techspot.com/news/112493-tech-layoffs-pass-100000-2026-tracker-points-ai.html
24 Comments
firing 100,000 people to fund the thing that’s supposed to replace the next 100,000. really inspiring stuff
> Meanwhile, Intuit cut 3,000 jobs – 17% of its global workforce – to streamline its operations as it adopts AI, though it claims the layoffs are “not about AI.”
Intuit didn’t get the memo to toe the line.
They’re firing people because the economy is imploding. They’re just using ai as a convenient excuse
The same thing happened when farms adopted tractors and when cars replaced horses—it’s called evolving. You either get on board with AI or risk losing your job in the long run. Find a way to make AI work for you now so your family can be set for life, or complain and do nothing, and in five years lose your job and face the consequences.
I remember these exact same stories last year. Oh, wait, the year before as well. How is this even news?
Its not just Ai there is no new big platform 2008-2020 was web and phone expansion that close to all business needed and at the crypto experiments.
There hasn’t been anything that is expansive since then. Ai is contractive since its for efficiency
Trump’s administration slashed and burned the foundations of the US economy.
AI is the excuse floundering companies are giving in public.
The reality is, big tech backed Trump – and it backfired.
womp womp wahhh I got laid off from my 100k+ a year job wahhh oh how will I survive
Meta is still more than double the employee count of 2019. Can anyone think of why they need double today when nothing much has changed? AI or no AI, they are a 80k employee company that would probably be fine with 30k
same layoff cycle, different ai sticker
They assume AI is cheaper on the long run, no vacation, sick leave. Or retirement.
You’ve played yourselves.
Meanwhile during COVID, they ramped up hiring and realized this shit (employee salaries and bonuses) is really expensive
Maybe it’s time we ditch tech.
Why the fuck am I so addicted to this damn “phone” anyway?
Maybe go back to PC only. Dedicated GPS. Voice cell.
AI was a massive bait and switch.
Today’s layoffs are part of AI Washing. AI washing is when companies tell us their product, service, or strategy is AI-powered even when it uses little, no, or very basic artificial intelligence.
Today’s layoffs help boost the stock price, which increase profits, which increase CEO and shareholder wealth.
AI is the scapegoat which allows companies to get away with massive layoffs.
“*You’ve been promoted to customer!*”…
🤦🏻♂️
This gives me so much anxiety. It used to be that people got fired but another company could absorbe some of those layoffs to gain skills. Now people expect 1 worker to do work of 2 or 3 or 5 people with AI.
Do companies not understand that capitalism only works if a vast majority of people can participate in it with disposable income. It’s a consumption economy.
The consolidation of these companies, the massive data centers, population collapse, off shoring and climate change all coming together for something major in the horizon.
That is MUCH lower than I would have thought.
Meanwhile, H1Bs are HOT HOT HOT 🔥
I already lost my job (career too probably) to AI.
No, AI wasn’t doing my job.
But our new PE-chosen CEO came in and declared that the remaing devs and a couple product managers will now also do all:
– QA
– architecture
– security
– project management
– documentation
– training
– UI / usability
How?
“Just use AI for all that”.
Then he laid off everyone who did that work up until now, including my whole team.
This is at a company that has about $50 mil ARR from making and selling their software – software that can easily take down customer systems big time if it fuks up…
He only kept some developers (all in India) and a few North American product managers.
The good news is that he’s also been able to hire a ton of his friends into high level roles. So, you know… huge success all around.
No one cares.
Just means AI stocks will go higher! Enjoy the gains next week!
Ah, fund AI. Like the companies that already exhausted their annual token budgets.
The irony of this being some are coming out and saying it’s more expensive to run AI than it would be to just hire and pay people.