
Tech sector layoffs reach 30,700 just 6 weeks into 2026, on track to surpass 2025’s job cuts – RationalFX

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Tech sector layoffs have reached 30,700 globally in early 2026, with U.S. companies accounting for 24,600 of these cuts, primarily driven by Amazon's announcement of 16,000 job losses. Europe follows with 4,214 layoffs, led by Sweden and the Netherlands. If the trend continues, total tech job losses could exceed 270,000 this year. Major companies like Ericsson, ASML, Meta, Block Inc., Autodesk, and Salesforce have also announced significant layoffs as part of restructuring efforts amid a challenging economic environment.
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