# Nearly 25,000 tech workers have already lost their jobs in May.

*genai · news · 2026-05-14 · NDTV Profit*

## Key points

- Nearly 25,000 tech workers have been laid off in just the first two weeks of May.
- PayPal plans to cut about 20% of its workforce over the next two to three years.
- Cisco's restructuring will eliminate nearly 4,000 jobs to focus investments on artificial intelligence.
- Cloudflare is laying off over 1,100 employees globally as it reorganizes around AI-driven operations.

**Companies:** Cisco, PayPal, Cloudflare

[Read the full story on NDTV Profit](https://www.ndtvprofit.com/technology/tech-layoffs-2026-25-000-jobs-lost-in-may-as-companies-slash-workforce-full-list-11492668)

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