Technology companies have cut more than 200,000 jobs worldwide in 2026, according to layoffs tracker TrueUp, as businesses reorganize operations, reduce costs and redirect investment toward artificial intelligence.
The United States remains the center of the restructuring activity. Oracle recorded the largest disclosed workforce reduction, cutting approximately 21,000 jobs over the year, equivalent to 13% of its workforce.
- More than 200,000 technology workers have lost their jobs in 2026, with Oracle reporting approximately 21,000 positions eliminated.
- Uber announced 3,300 layoffs, Canva cut more than 1,200 jobs, and Netflix reportedly plans to eliminate approximately 1,000 positions.
- Companies are citing restructuring, lower operating costs and changing investment priorities, while the connection to AI varies across individual announcements.
Layoffs across the technology sector exceeded 245,000 in 2025. With further cuts announced in November, the 2026 total continues to rise, although some companies have disclosed only planned reductions or voluntary departure programs.
Oracle acknowledged in its annual financial filing that AI adoption had contributed to workforce reductions and could lead to additional job cuts.
Oracle leads technology layoffs as AI spending increases
Oracle disclosed in its June 23 annual filing that its workforce had declined by approximately 21,000 employees over the preceding year.
The reduction represented roughly 13% of its workforce and came as the software company expanded spending on AI infrastructure.
“The adoption and deployment of AI technologies across our operations have resulted, and may continue to result, in reductions to our workforce,” Oracle stated in the filing.
Additional layoffs were reported in September, although the number of employees affected was not disclosed.
Oracle’s workforce cuts illustrate how AI investment can coincide with employee reductions, although the company has not attributed every eliminated position directly to automation.
The September reductions were reportedly intended partly to offset Oracle’s investment in AI chips and data centers.
November layoffs affect Canva, Squarespace and Block
Canva cut more than 1,200 employees, approximately 22% of its workforce, as the design software company reorganized its product, growth and platform teams.
The restructuring is intended to reduce specialization and consolidate responsibilities across the business.
November’s confirmed layoffs include substantial workforce reductions at Canva and Squarespace, while additional cuts at Block and potential reductions at Disney remain incompletely quantified.
Squarespace announced layoffs affecting approximately 300 employees, or 19% of its workforce. The website-building company said the changes would simplify operations and help it respond more quickly to changing market conditions. Its business faces increasing competition from AI-assisted website development tools.
Block initiated a second round of layoffs after eliminating more than 4,000 positions earlier in 2026. The latest reductions reportedly affected employees at Cash App and Square, although the company did not disclose a new total.
Disney was also reportedly considering thousands of layoffs as part of an effort to reduce annual costs by 20%. The proposed workforce reductions had not been confirmed.
October layoffs affect Amazon, Dropbox, Netflix and EA
Amazon reportedly eliminated fewer than 1,000 corporate positions in its stores division, affecting employees in the United States, India and the United Kingdom.
A separate reduction affected approximately 250 employees in its devices and services business, primarily in software development.
Dropbox announced plans to cut approximately 9% of its workforce, equivalent to about 200 employees.
The reductions concentrated on engineering, product, design and general administrative functions. The company also announced the departure of Chief Technology Officer Ali Dasdan.
Netflix reportedly planned to eliminate approximately 1,000 positions, representing 6% of its global workforce. The cuts were expected to affect product, technology, legal and human resources teams.
Electronic Arts announced 400 job cuts, equivalent to approximately 3% of its workforce, alongside the closure of BioWare and cancellation of its next Mass Effect title.
The reductions followed an earlier plan to lower research and development expenses as part of a cost-saving initiative exceeding $700 mn.
Microsoft’s reported voluntary buyout program covers up to 60,000 employees across divisions including Xbox, Windows, Copilot and finance, but those employees should not be counted as confirmed layoffs.
Other October announcements included eBay’s reported plan to reduce its workforce by 9% and Workday’s plan to eliminate approximately 140 Bay Area positions within a broader 2.5% global reduction.
Airtable also underwent significant layoffs following its acquisition by Bending Spoons, although the number of affected employees was not disclosed.
September layoffs affect Uber, Xbox, Oracle and Apple
Uber announced plans to eliminate 3,300 jobs, approximately 10% of its workforce, as part of a restructuring focused on simplifying management and consolidating teams. The company said it intended to reduce the number of employees positioned seven or more organizational layers below the CEO by 20%, while cutting the number of small teams by nearly half.
CEO Dara Khosrowshahi did not identify AI as the direct cause of the layoffs, although the restructuring was intended to support investments in autonomous technology and other growth opportunities.
Xbox eliminated 268 roles across Halo Studios and other gaming operations in September, following approximately 1,600 layoffs in July.
Apple also reportedly reduced staffing within its Fitness+ division, affecting employees involved in producing guided audio features. The number of positions eliminated was not disclosed.
AI adoption prompts concerns about employment protection
As technology companies expand automation and AI infrastructure spending, employees and policymakers are paying closer attention to the consequences for employment.
In June, California Governor Gavin Newsom introduced a tool to track AI’s effects on the workforce.
More than 4,500 Google employees subsequently signed a petition calling for stronger layoff protections, including voluntary buyouts before mandatory redundancies and guaranteed severance payments.
Technology layoffs are being driven by several factors, including AI adoption, cost reductions, organizational consolidation and changing demand for existing products.
Not every announced workforce reduction can be directly attributed to artificial intelligence. Some companies have explicitly linked job cuts to automation, while others cite slower growth, restructuring or the need to redirect capital toward new products and infrastructure.
The distinction is particularly important when comparing confirmed layoffs with proposed cuts and voluntary buyout programs, which do not necessarily result in equivalent numbers of job losses.
