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 jobs, it’s being used as a scapegoat.
You could probably fire a lot of Meta and not lose any real productivity. Just look at how’s much resources they allocated to VR and stalker glasses?
The truth is these companies spent covid playing Pokémon card collector with devs and now they’re spending hundreds of billions trying to capitalize on AI, so they need that cash flow black to pay for loans.
But on the other side of the same stick, you’ve got employees who you can now whip harder and say “look, we can make flappy bird with an AI model, do your deep work using 100 ai agents instead of thinking”
The fact that the same tech companies that fire people en masse are balls deep into the AI ouroboros can‘t be a coincidence. It‘s essentially a cruel and stupidly risky PR campaign for their shitty product.