Tech Layoffs Soar Past 45,000 in 2026: Amazon, Block, Meta Lead Cuts
SStoryboard•19-03-2026, 14:22
Tech Layoffs Soar Past 45,000 in 2026: Amazon, Block, Meta Lead Cuts
- •Over 45,000 tech jobs cut in 2026 by January, with Amazon, Block, Atlassian, and Meta making significant reductions.
- •Layoffs driven by post-pandemic correction, structural shifts, AI-first strategies, and cost discipline.
- •United States accounts for 68% of global layoffs, with 30,846 job cuts across 43 companies.
- •Amazon announced 16,000 job cuts, Block plans 4,000 (40% of workforce), Atlassian 1,600, and Meta 1,500.
- •Oracle is reportedly considering 20,000-30,000 job cuts, linked to AI infrastructure spending and cost control.
