business / news / / Business Today
In April 2026, over 40,000 jobs were lost in the tech sector across companies like Oracle, Meta, Snap, and others.
Oracle laid off about 30,000 employees in April 2026, including 12,000 in India.
KEY POINTS
- Meta reduced its workforce by 10%, affecting nearly 8,000 employees, with more layoffs likely.
- Microsoft offered voluntary retirement to 7% of its US workforce, impacting around 8,750 employees.
- Snap cut 16% of its global workforce, which amounts to about 1,000 employees.
COMPANIES
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