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Microsoft cut 4,800 roles, or 2.1% of its workforce, citing AI automation. Oracle reduced 21,000 employees over 12 months. GitLab laid off 350 workers. Intuit eliminated 3,000 jobs. Meta cut 8,000 employees. Cisco cut nearly 4,000 jobs. Cloudflare cut 1,100 people. GM eliminated 500 to 600 jobs. Coinbase cut 700 employees. PayPal plans to cut 4,500 jobs. Snap cut 1,000 employees. Roughly 120,000 tech roles have been cut in 2026.
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