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Global technology firms accelerated job cuts in the first quarter of 2026, with over 73,200 layoffs by 95 companies.
Over 73,200 tech roles were cut by 95 companies globally in Q1 2026.
KEY POINTS
- 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
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