Tech layoffs have hit more than 195,000 jobs so far in 2026, according to tracking site TrueUp, moving faster than the pace of 2025's cuts.
TrueUp recorded over 245,000 layoffs across all of 2025, meaning this year's total has already closed much of that gap with two months still to go.
Oracle has had the single biggest impact, cutting 21,000 jobs, roughly 13% of its workforce, according to an annual financial disclosure filed on 23 June.
"The adoption and deployment of AI technologies across our operations have resulted, and may continue to result, in reductions to our workforce," Oracle said in the filing.
October brought a fresh wave. Microsoft, whose fiscal 2025 revenue reached about $282 billion, is offering voluntary buyouts to 60,000 employees across its Xbox, Windows, Copilot and finance divisions, following 4,800 job cuts in July concentrated in gaming.
EBay plans to cut 9% of its workforce, after a February round that eliminated about 800 positions.
Electronic Arts, which employed roughly 14,600 people as of March 2026, will eliminate 400 jobs, including the closure of BioWare and cancellation of the next Mass Effect title, part of a plan to save up to $700 million.
Netflix, whose streaming revenue was about $45.2 billion in 2025, will lay off roughly 1,000 people, roughly 6% of its global workforce and its biggest reduction since 2022.
Amazon cut fewer than 1,000 white-collar roles in its stores division, while Workday is trimming about 140 Bay Area jobs as part of a 2.5% global workforce reduction.
California Governor Gavin Newsom unveiled a tool in June to track AI's impact on the workforce, while more than 4,500 Google employees have signed a petition demanding stronger layoff protections.
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