{"id":384182,"date":"2026-11-14T04:40:00","date_gmt":"2026-11-14T12:40:00","guid":{"rendered":"https:\/\/cms-articles.softonic.io\/en\/?p=384182"},"modified":"2026-11-14T04:40:03","modified_gmt":"2026-11-14T12:40:03","slug":"tech-layoffs-in-2026-update-206000-jobs-cut-worldwide","status":"publish","type":"post","link":"https:\/\/cms-articles.softonic.io\/en\/tech-layoffs-in-2026-update-206000-jobs-cut-worldwide\/","title":{"rendered":"Tech layoffs in 2026 update: 206,000 jobs cut worldwide"},"content":{"rendered":"

By mid-November, TrueUp had refreshed its 2026 tech layoff tracker, and the new count puts worldwide cuts at more than 206,000 roles<\/strong> this year, with the biggest wave coming from profitable giants, not struggling startups.<\/p>\n

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In TrueUp\u2019s latest figures, Microsoft accounts for 60,000 cuts<\/strong>, Oracle 21,000, Amazon 17,000 after another 14,000 in 2025, Meta 8,000 in May, Uber<\/a> 3,300, Netflix<\/a> 1,000, and Canva 22% of its staff, or 1,271 people. The widely shared 1.6 million U.S. number, though, is still a 24\/7 Wall St. scenario, not an official forecast.<\/p>\n\n

A lot of this restructuring seems tied to where companies are putting money now: automation, data centers, chips, software infrastructure, and specialized engineers. Some reports say nearly half<\/strong> of first-quarter cuts were connected to automation. Executives say those moves will simplify organizations, speed up product development, and reduce routine work, while inflation, high interest rates, and rising energy and computing costs are also pushing companies toward layoffs and buyouts.<\/p>\n\n

Outside tech, the spillover is still uneven: HSBC, Citigroup, and some retailers are cutting or automating, but U.S. labor data showed financial activities added 7,000 jobs<\/strong> in October, retail was little changed over the 12 months through July, and employers like Salesforce<\/a> and Ford have rehired after earlier cuts.<\/p>\n\n

If you work in tech or finance, this update is one to look at<\/strong>. The layoffs are real, and they\u2019re accelerating even if the biggest prediction still isn\u2019t.<\/p>\n\n

You can pull the latest numbers from TrueUp and compare them with U.S. labor data.<\/p>","protected":false},"excerpt":{"rendered":"

By mid-November, TrueUp had refreshed its 2026 tech layoff tracker, and the new count puts worldwide cuts at more than 206,000 roles this year, with the biggest wave coming from profitable giants, not struggling startups. In TrueUp\u2019s latest figures, Microsoft accounts for 60,000 cuts, Oracle 21,000, Amazon 17,000 after another 14,000 in 2025, Meta 8,000 … Continue reading “Tech layoffs in 2026 update: 206,000 jobs cut worldwide”<\/span><\/a><\/p>\n","protected":false},"author":9349,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","wpcf-pageviews":0},"categories":[1015],"tags":[],"usertag":[],"vertical":[],"content-category":[6771],"class_list":["post-384182","post","type-post","status-publish","format-standard","hentry","category-news","content-category-ai"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t