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US tech employers cut at least 94,046 jobs from January through August 2026, up 16.8% from 80,486 a year earlier, per Crunchbase's Tech Layoff Tracker. Cuts came in bursts, peaking at 31,513 in May, including Meta's 8,000-job reduction, then slowing to 2,347 in August. Amazon led with 17,388 cuts as companies redirected spending toward AI.
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Summary by ByteBrief
Dreame Loses 10,000 Staff in Summer Layoffs