- This year, 303 tech companies around the world laid off more than 1 lakh 28 thousand employees.
- Oracle has already cut 21 thousand employees, now there is a discussion of large-scale reduction of employees.
- Companies like Amazon, Dell and Meta have also laid off many employees this year.
- As AI automates many tasks, companies are cutting costs. So learning new skills is becoming important for employees.
tech layoffs 2026: Tech Once again there is bad news in the field. Oracle, the big company, has started laying off people again. Earlier this company had laid off thousands of people and now it is the same again. But Oracle is not alone, there is currently a job loss season going on all over the world. The biggest reason for this is – AI That is artificial intelligence. Oracle Layoffs 2026:
This number is very large
1 lakh 28 thousand people lost their jobs this year. There is a portal called layoffs.fyi which keeps track of how many people were laid off around the world. According to their report, 303 tech companies have laid off employees so far this year. A total of 1,28,873 people have to stay at home. This number is huge. It includes big companies like Oracle, Amazon, Uber, PayPal.
Biggest reduction in Oracle
Currently, the most talked about is Oracle. The company had already laid off 21,000 people this year. And now a new list is being prepared. The company has not yet officially announced how many people it will lay off, but according to internal reports, there will be a big cut. Amazon, Dell, Meta are not far behind. Amazon is now using AI everywhere, reducing the need for manpower. Likewise, Dell laid off 11,000 people in March. AI also had a big role in this. Facebook's company Meta has also fired people many times this year. It has been cut not once or twice but in many rounds.
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What is the real reason?
Almost every major company in the world is now investing in AI. AI automates many tasks, eliminating the need for humans. Be it coding, customer support, data checking, all these tasks are now done by AI. It's easy for companies to say, why hire so many employees when machines are doing the work. Therefore, companies are laying off people to reduce costs. Previously, it was thought that new jobs would come with the arrival of AI, but now it seems that the opposite is happening. Old jobs are going away and new jobs will require different skills. So everyone in the tech sector has to learn AI now, otherwise it will be difficult to keep a job.
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