Wall St Engine(@wallstengine):TECH LAYOFFS PASS 100,000 IN 2026 AS AI RESETS HIRING TNW reports more than 100,000 tech workers have been laid off this year across roughly 250 events. LinkedIn is cutting about 5% of staff even after reporting 12% revenue growth. Cloudflare is cutting more than 1,100 jobs, about 20% of its workforce. Challenger says AI was the top reason cited for job cuts in both March and April. AI has been tied to 49,135 announced cuts so far this year.

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Wall St Engine@wallstengine

2026.05.14 21:52

TECH LAYOFFS PASS 100,000 IN 2026 AS AI RESETS HIRING TNW reports more than 100,000 tech workers have been laid off this year across roughly 250 events. LinkedIn is cutting about 5% of staff even after reporting 12% revenue growth. Cloudflare is cutting more than 1,100 jobs, about 20% of its workforce. Challenger says AI was the top reason cited for job cuts in both March and April. AI has been tied to 49,135 announced cuts so far this year.

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