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.
My company is in there somewhere, however the layoffs weren’t that big and seemed well targeted. Especially the number of middle managers
And were spending way too much on ai. No guardrails. No limits. Reviewed partly on how high your ai spend is
I’m definitely worried, since I don’t spend enough