FT: US Tech Firms Have Cut ~140K Jobs YTD, Over a Third of All 2026 US Layoffs, With ~50K From Amazon, Oracle, Meta and Microsoft
Summary
The FT reports US tech companies have shed roughly 140,000 jobs so far in 2026, accounting for more than 33% of announced US layoffs this year, with about 50,000 cuts concentrated at Amazon, Oracle, Meta and Microsoft. The piece frames the accelerating pace of AI-cited layoffs against record capex commitments at the same firms. Article behind FT paywall; figures per Techmeme's front-page summary.
Originally reported by ft.com
Read the original article →Original headline: FT: US Tech Firms Have Cut ~140K Jobs YTD, Over a Third of All 2026 US Layoffs, With ~50K From Amazon, Oracle, Meta and Microsoft