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AIQuartzabout 3 hours ago
Tech Layoffs Reach 200,000 in 2026Tech companies logged more than 200,000 layoffs in 2026, with cuts driven by AI investment and restructuring. Oracle shed 21,000 jobs, while Intuit plans to cut 3,000 employees. Seven of ten sectors tied reductions to AI spending, contrasting with Epic Games which cited a downturn in Fortnite engagement.
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