Tech-Sector Layoffs · Workers Impacted
2025 (full year)
~246,000
2026 YTD (through Jul)
~186,000
2026's pace is running ~33% faster than 2025 — at this rate, the projected full-year total could exceed last year's.
Amazon
~30,000
workers impacted
Largest cut
Fulfillment, corporate, and cloud roles trimmed as automation absorbs warehouse and support functions.
Citigroup (planned)
~20,000
workers impacted
Citigroup's planned reduction spans back-office and operations roles as AI tools take on routine processing.
Oracle
~21,000
workers impacted
Oracle's cuts follow a pivot toward AI infrastructure investment over legacy software teams.
Meta (2026 cuts)
~15,000
workers impacted
Meta's 2026 reductions concentrate on teams AI-driven ad and content tools have made redundant.
Block (Square / Cash App)
4,000
workers impacted
Block's Cash App division scaled back staff as it leans on automated support and fraud-detection systems.
Cisco
~4,000
workers impacted
Cisco's reductions track a broader hardware-to-software shift accelerated by AI networking demand.