Tech layoffs 2026: Over 142,000 jobs cut at Meta, LinkedIn, Wix, Webflow and more

Tech layoffs are hitting hard this year as the industry shifts to accommodate the rapidly increasing capabilities of AI.

Tech layoffs are hitting hard this year as the industry shifts to accommodate the rapidly increasing capabilities of AI. (NurPhoto via Getty Images)

May is coming to a close, and we’ve seen a huge number of layoffs across the tech industry. A big reason is that Meta began the layoffs it announced last month, resulting in around 8,000 job cuts. Intuit also laid off around 3,000 workers. We’ve also seen major cuts from Wix, Cisco, LinkedIn and GM. While the cuts are moving quickly, California Governor Gavin Newsom recently signed an executive order to explore ways to protect workers affected by AI-related job losses.

So far this year, there have been over 144,000 layoffs in tech, according to data from Trueup. The layoffs seem to be moving at a faster rate than last year — over 245,000 workers in tech were let go in 2025.

In April, just under 12,000 employees were let go from their jobs, which included companies Disney, Amazon and Snap. March saw the highest numbers, with nearly 50,000 people affected. Several of the companies below have laid off employees due to increased spending in AI. Fortunately, April saw fewer layoffs than any other month so far this year. We'll get into the reason for the layoffs below.

May 2026

Wix

In another set of AI-related layoffs, website builder Wix said it was cutting around 20% of staff. Wix cofounder and CEO Avishai Abrahami announced the cuts on X, pointing to the changes AI is bringing to the industry and stating “we need to become a faster, leaner, and flatter organization.” He also put part of the blame on the Israeli Shekel to U.S. Dollar exchange rates, which impact the company because it’s based in Israel. The cuts are expected to impact around 1,000 roles, based on Wix’s headcount.

Webflow

Webflow, a website builder and hosting company, conducted a round of layoffs that an employee called “a bloodbath” in a statement to the San Francisco Chronicle. It’s unclear how many employees were impacted, but one anonymous developer from the company told the Chronicle they believe it was larger than Webflow’s last major round of layoffs, which affected 8% of its workforce in 2024. As with other recent layoffs, it looks like a shift to AI is to blame here. “AI is rewriting the rules for how marketing teams create, test, and optimize digital experiences,” CEO Linda Tong said in a statement. “And the companies that move decisively through moments like this are the ones that come out ahead.”

ClickUp

ClickUp CEO Zeb Evans announced that the company cut 22% of its workforce as it turns toward AI to improve productivity. He claimed it “wasn’t about cutting costs,” but about funneling savings from the cuts “directly back into the people who stay.” The company has introduced million-dollar salary bands reserved for employees who “create outsized impact using AI.”

Intuit

Intuit is planning to lay off 3,000 employees, or about 17% of its workforce, Reuters reports. CEO Sasan Goodarzi sent a memo to employees noting the layoffs would help the company’s efforts of focusing on infusing AI across its services.

Meta has officially begun cutting 10% of its workforce, totaling around 8,000 employees. In addition, it plans to close 6,000 open roles. The reason is to allow more room for AI spending.

NPR

Like Microsoft, NPR is offering voluntary buyouts to 300 employees in the newsroom, but only 30 will be accepted. However, if the news organization doesn’t receive its target number, it will result in targeted layoffs. The reason is due to the loss of federal funding.

Amazon

The online retail giant cut more jobs this month, this time from the Selling Partner Services organization. These new layoffs come after Amazon cut roughly 30,000 jobs in rounds across October and January. A spokesperson told Business Insider that the most recent layoffs have affected a "small number" of employees. The Selling Partner Services team works with third-party merchants on Amazon, providing onboarding, logistics and account management support.

Cisco

Cisco is cutting just under 4,000 jobs in Q4, CEO Chuck Robbins said in a blog post. Impacted employees will receive pro-rated payment of 2026 bonuses and will also receive “support in finding new opportunities” via Cisco’s placement services.

Advertisement Advertisement

“While we are reducing roles in some areas, we are making clear, strategic investments — particularly in silicon, optics, security, and in our employees’ use of AI across the company,” Robbins said.

LinkedIn

LinkedIn is planning to lay off 5% of its staff, which is around 875 employees, Reuters reports. An anonymous person told Reuters the reason is to reorganize teams and focus employees on areas ⁠where its business is growing. However, one of the sources said the reason was “not for artificial intelligence to replace jobs at LinkedIn.”

General Motors

GM is letting go of around 500 to 600 employees in the Information Technology sector, Bloomberg reports. The reason is to “trim costs and clear the way to bring in staff with skills in other technology areas.”

Cloudflare

Due to restructuring driven by AI, Cloudflare is cutting more than 1,100 employees. “Today’s actions are not a cost-cutting exercise or an assessment of individuals’ performance; They are about Cloudflare defining how a world-class, high-growth company operates and creates value in the agentic AI era,” Prince and President Michelle Zatlyn said in an email to employees.

PayPal

PayPal is planning to cut around 20% of its staff — nearly 4,800 employees — over the next few years, according to the Wall Street Journal. “First, we will remove duplication and layers from our organizational structure. Second, we will accelerate our AI adoption and automation across our operations,” CEO Enrique Lores said to investors.

Coinbase

Cryptocurrency platform Coinbase is laying off 700 employees, which amounts to around 14% of its staff. CEO Brian Armstrong cites the current market and AI changing the way they work as reasons for the layoffs.

April 2026

Microsoft

Microsoft is offering a first-ever buyout to up to 7% of its employees, CNBC reports. It’s a one-time retirement program that’s available for workers at the senior director level and below whose years of employment and age are 70 or higher.

Nike

Nike announced it’s laying off 1,400 people this week. “Collectively, these changes will result in a reduction of approximately 1,400 roles in global operations, with the majority in technology,” COO Venkatesh Alagirisamy said. “These reductions are very hard for the teammates directly affected and for the teams around them, too.”

Amazon

Amazon is planning to temporarily close a warehouse in Homestead, Florida, which will eliminate more than 600 jobs, Newsweek reports. The job cuts will start in July and continue through September but the giant company is giving employees the option to relocate to other facilities. The warehouse has only been open for just under two years but Amazon is already looking to update the site.

Redwood Materials

Battery recycling company Redwood Materials laid off 10% of its employees, totaling 135 people, TechCrunch reports. Those who were let go received an email from the chief HR officer telling them the layoffs were made “to sharpen our focus, our work and the size of our teams to support the direction Redwood is going in the future.”

Snap

Snap is laying off 1,000 workers, which is 16% of its staff, Variety reports. The Snapchat parent company made the announcement just weeks after Irenic Capital Management asked the company to make changes to improve performance and revenue.

Advertisement Advertisement

Snap is using AI to streamline operations and assist the now smaller workforce. “We have already witnessed small squads leveraging AI tools to drive meaningful progress across several important initiatives,” Snap CEO Evan Spiegel said.

Disney

Just two months after taking over as CEO of Disney, Josh D’Amaro announced the company is laying off 1,000 of its employees, AP News reports. In addition, Marvel let 8% of its staff go after the call was made.

“Over the past several months, we have looked at ways in which we can streamline our operations in various parts of the company to ensure we deliver the world-class creativity and innovation our fans value and expect from Disney,” D'Amaro said in a memo to employees. “Given the fast-moving pace of our industries, this requires us to constantly assess how to foster a more agile and technologically-enabled workforce to meet tomorrow’s needs.”

GoPro

The wearable camera maker this year will eliminate 145 employees due to a restructuring plan to cut costs, the Wall Street Journal reported. The cuts are expected to last until the end of the year.

Vimeo

Vimeo is going through its third round of layoffs since it was acquired by Bending Spoons. This time, the company let go of more than 120 people, which is about 25% of its city staff.

Meta

It’s been reported that 200 Meta employees in the Bay Area will lose their jobs at the end of May. That includes 124 employees in Burlingame and 74 in Sunnyvale. The company last laid off workers just a few weeks ago.

March 2026

Oracle

Oracle has begun implementing a big cull of its employee base. On the final day of March, more than a dozen Oracle employees announced on LinkedIn they had been let go from their jobs, Business Insider reports. It's unclear at this time how many workers were affected, but it was projected to be thousands at the start of this month.

Advertisement Advertisement

Those laid off received the same email: "After careful consideration of Oracle's current business needs, we have made the decision to eliminate your role as part of a broader organizational change."

The job cuts are reportedly to help Oracle stem a cash drain related its expenditures on AI infrastructure.

Eidos Montréal

Deux Ex studio Eidos Montréal announced on March 30 that it's laying off 124 people. In response, the studio head David Anfossi has decided to leave the company.

The cuts are a result of "changing project needs and impacts across production and support teams," the gaming company said in a LinkedIn post. It also noted that the decision to lay off these employees is not related to their talent or performance.

T-Mobile

After already having layoffs in January, T-Mobile has cut even more of its workers, GeekWire reports. It's unclear how many people were laid off at this time, but it could be in the hundreds.

Advertisement Advertisement

“To move even faster in a dynamic market while continuing to deliver best-in-class digital experiences for our customers, we’re further aligning our IT organization to support future growth and innovation… This includes the difficult decision of eliminating some roles while continuing to invest and hire in areas,” T-Mobile told GeekWire in a statement.

Meta

Meta began laying off hundreds of employees on March 25, totaling around 700 people, per The New York Times. Those impacted were part of the Reality Labs team, as well as social media and recruiting teams. Though still significant, this is a much smaller number compared to a Reuters report that suggested 20% off staff would be affected by layoffs due to the increased spending on AI.

This change comes as the company is shifting away from its metaverse creation, which includes Horizon Worlds for its Quest VR headset that's operated by the Reality Labs team.

Epic Games

The gaming giant on March 24 announced it was laying off more than 1,000 workers in an effort to right-size the staff of its popular free-to-play online shooter, Fortnite. CEO Tim Sweeney sent a note to his staff, citing the reason for the layoffs is due to the "downturn in Fortnite engagement," which means "we're spending significantly more than we're making, and we have to make major cuts to keep the company funded." He made it a point to note the layoffs are not related to AI.

Ubisoft

105 employees from the Red Storm Entertainment team were laid off by Ubisoft in an effort to cut costs, IGN reports. Game development has ended at the studio, so the downsizing will remain permanent. The company employed 180 people in 2022 but has seen multiple layoffs over the years.

Atlassian

Roughly 1,600 employees were laid off at Alassian on March 16, which is around 10% of total workers. Ahead of the layoffs, Atlassian CEO Mike Cannon-Brookes shared a message with the entire team, letting them know the reason is to "self-fund further investment in AI and enterprise sales, while strengthening our financial profile. We’re also changing the way we work and reorganising around our System of Work to move faster." Impacted employees received an email shortly after this message went out.