The global tech sector lost 73,200 jobs in a single quarter—and there's more to come.
The wave of layoffs in the global tech sector is gaining momentum. In the first quarter of 2026, 95 companies laid off more than 73,200 employees, according to Layoffs.fyi. The main driver is AI-driven business restructuring. Corporations are shifting budgets to automation and IT infrastructure, while simultaneously shutting down traditional divisions. If this trend continues, annual job losses will be significantly higher. The largest share […]
