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Newest firstYesterday · Sunday 25 October
- Global·News
Nearly 196,000 Tech Employees Laid Off Globally in 2026
Global tech layoffs reached nearly 196,000 in 2026, peaking at 29,000 in May. Intel cut 15,000 jobs (15% of workforce) as part of $10 billion cost reduction; Cisco shed over 4,000 (5%); Oracle reduced headcount by 21,000 due to AI infrastructure expansion costs.