--- title: "Tech leads job cuts while ramping up AI hiring" type: "News" locale: "en" url: "https://longbridge.com/en/news/288936419.md" description: "In May, tech firms announced 38,242 layoffs, with AI driving 40% of cuts. Despite this, the sector added 6,700 jobs in AI, cloud, and cybersecurity. Major players like Google, Amazon, Microsoft, and Meta plan $725 billion in AI capital spending this year, a 77% increase from 2025." datetime: "2026-06-06T16:17:38.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/288936419.md) - [en](https://longbridge.com/en/news/288936419.md) - [zh-HK](https://longbridge.com/zh-HK/news/288936419.md) --- # Tech leads job cuts while ramping up AI hiring Record AI-linked cuts: Tech firms announced 38,242 layoffs in May, with AI driving 40% of all job cuts, surpassing last year's full-year AI-related total. Hiring amid layoffs: Despite cuts, the sector added 6,700 jobs in May, focusing on AI, cloud infrastructure, and cybersecurity roles. Massive AI investment: Google, Amazon, Microsoft, and Meta plan $725 billion in AI capital spending this year, up 77% from 2025. ### Related Stocks - [GOOGL.US](https://longbridge.com/en/quote/GOOGL.US.md) - [META.US](https://longbridge.com/en/quote/META.US.md) - [GOOG.US](https://longbridge.com/en/quote/GOOG.US.md) - [AMZN.US](https://longbridge.com/en/quote/AMZN.US.md) - [MSFT.US](https://longbridge.com/en/quote/MSFT.US.md) ## Related News & Research - [3 Artificial Intelligence (AI) Stocks to Buy and Hold for the Next Decade](https://longbridge.com/en/news/288892529.md) - [Meta made its own AI-generated clickbait news feed](https://longbridge.com/en/news/288934190.md) - [Meta (META) Is Funding a Smart Glasses Bet. The Jury Is Still Out](https://longbridge.com/en/news/288677440.md) - [Elizabeth Warren Warns AI Could Disrupt 'Half The Workforce,' Says 'Can't Wait Until People Lose Their Jobs'](https://longbridge.com/en/news/288691010.md) - [This is your laptop… on AI](https://longbridge.com/en/news/288889965.md)