Tech layoffs are widespread and accelerating in 2026: TrueUp counted more than 195,000 job losses so far this year, compared with over 245,000 during all of 2025, with the United States the main center of cuts.

The reductions span major companies and sectors, including Meta’s 8,000 cuts and closure of 6,000 open positions, Intuit’s planned 3,000 job losses, Cloudflare’s more than 1,100, and Netflix’s reported 1,000. Other announced cuts included just over 500 at Zillow, about 220 at Etsy, and more than 200 estimated across Apple’s Vision and AI-related teams.

The scale of reductions has varied: Xbox eliminated 268 roles in September after cutting 1,600 jobs in July, while Uber announced a restructuring affecting 3,300 jobs, about 10% of its workforce, and plans to reduce by 20% the number of employees seven or more reporting layers from the CEO. Oracle disclosed 21,000 job cuts over the year covered by its June 23 financial disclosure—about 13% of its workforce—and another September round was reported without a known total.

Earlier cuts included Microsoft’s 4,800 job losses in July, concentrated in Xbox; Visa’s planned 2,600 cuts; Monday.com’s 630 cuts, or 20% of its staff, as it pivoted toward AI; and Patreon’s 93 cuts, also 20% of its staff. Patreon said it did not make the cuts because it believed AI had replaced people.

October brought further reductions: Amazon reportedly cut fewer than 1,000 white-collar workers in its stores division and about 250 in devices and services; eBay planned to cut 9% of its staff; Dropbox announced cuts of about 200 workers, or 9%, and said CTO Ali Dasdan would step down; and Workday planned to eliminate about 140 Bay Area positions.

Other reported October changes included Electronic Arts cutting 400 jobs while shutting BioWare and canceling the next Mass Effect game, Netflix eliminating about 1,000 roles mainly in product, technology, legal, and HR, and Airtable laying off an unspecified large portion of its team. Microsoft reportedly offered voluntary buyouts to 60,000 workers rather than announcing new layoffs.

Companies also announced targeted cuts and relocations: TikTok planned to cut 250 people and close its Nashville office, while Samsung’s cuts and relocations affected hundreds of roles across New Jersey and Texas.

Not every reduction was attributed to AI: Lucid planned to cut about 18% of its workforce amid competition, Rivian cut around 2%, Robinhood planned to eliminate 10% of its staff, and Cisco announced just under 4,000 cuts while investing in areas including silicon, optics, security, and employee AI use. Companies also cited cost reduction, consolidation, relocation, and business conditions.

AI and strategic shifts were cited by companies including Oracle, Monday.com, Groupon, Wix, ClickUp, Intuit, Cloudflare, PayPal, and Coinbase, but the article stresses that AI is not a universal explanation: Etsy said its layoffs were not driven by AI, and Robinhood’s stated rationale was restructuring.

The workforce response included California Governor Gavin Newsom’s June launch of a tool to track AI’s employment impact and a petition signed by more than 4,500 Google workers seeking layoff protections, including buyouts before mandatory cuts and guaranteed severance.