Tech layoffs 2026: Over 92,000 tech jobs vanished by May 2026, with April seeing the worst layoffs in two years. US tech giants like Meta, Microsoft, and Amazon are cutting staff, citing AI efficiencies and past over-hiring. Despite job cuts, major tech firms are investing heavily in AI, signaling a significant industry shift.
It’s not replacing shit…
It’s being used as an excuse for layoffs.
Later when it doesn’t work, they’ll bring on more techs that weren’t hired at exorbitant wages when worker supply was low.
They’ll end up with the same amount of workers, but 50-70% of the salary costs.
Then in a couple years, they’ll realize AI still sucks and they can’t promote their own junior employees because they don’t know anything and just rely on AI