# Global technology firms accelerated job cuts in the first quarter of 2026, with over 73,200 layoffs by 95 companies.

*business · news · 2026-04-19 · Zee News*

## Key points

- Over 73,200 tech roles were cut by 95 companies globally in Q1 2026.
- Snap expects to save over $500 million by H2 2026 with AI-driven job cuts.
- Oracle will cut up to 30,000 jobs globally to expand AI data-centre capacity.
- India faces about 12,000 Oracle job losses, especially in cloud and healthcare divisions.
- Tech leaders predict most white-collar computer-based roles may be automated within 12–18 months.

**Companies:** Meta Platforms, Oracle Corporation, The Walt Disney Company, Snap Inc.
**Countries:** United States, India

[Read the full story on Zee News](https://zeenews.india.com/economy/tech-sector-layoffs-accelerate-in-2026-amid-ai-pivot-3038985.html)

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