1 Day
Source:
البلاد
2026 Anticipated for Major Tech Cuts
A recent report indicates that the global technology sector is facing its largest wave of layoffs since the COVID-19 pandemic in 2026, with approximately 156,975 jobs lost in just the first half of the year. The total layoffs may exceed 290,842 jobs for the year, surpassing the 2025 record of 245,000 jobs. Most layoffs are concentrated in the United States, where 128,170 jobs have been cut since January. Oracle and Amazon are among the largest contributors to the job losses, with over 25,000 and 16,600 layoffs respectively. The layoffs are primarily driven by companies adopting artificial intelligence and restructuring operations to improve efficiency and reduce costs. Technology sectors, including cloud computing and e-commerce, have been the most affected. However, demand for expertise in AI and machine learning continues to grow, reflecting a significant shift in the tech job market in 2026.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)