Layoffs in the tech sector slowed down year-over-year during 2024 and 2025, but they appear to be picking up the pace in 2026, with more than 26,000 employees let go so far, according to the tracker Layoffs.fyi. Artificial intelligence was

Quick Insights

- What is causing the recent tech sector layoffs in 2026? Most companies cite reducing bureaucracy, not artificial intelligence, as the primary reason for layoffs.
- How significant are Amazon's layoffs in the 2026 tech sector cuts? Amazon's planned cuts of 16,000 employees account for the bulk of recent tech sector layoffs.
- Which other major tech companies announced workforce reductions in 2026 and why? ASML, Ericsson, Autodesk, and Palo Alto Networks cited reasons including process simplification, cost efficiency, and eliminating redundancy from mergers.

Amazon, ASML lead tech sector layoffs in 2026 as total crosses 26,000

In 2026, tech‑sector layoffs surged past 26,000 employees, with Amazon and ASML driving the trend. Amazon announced cuts of 16,000 workers, while ASML, Ericsson, Autodesk, and Palo Alto Networks also announced reductions citing process simplification, cost efficiency, and merger redundancies.