Tech Layoffs 2026: At present, layoffs are going on continuously in big tech companies around the world. Till now in the year 2026, thousands of employees have lost their jobs. According to media reports, about 25 thousand tech employees lost their jobs in just two weeks of May 2026. The biggest thing is that most of the companies are now focusing more on AI i.e. Artificial Intelligence and due to this the number of employees is being reduced. Know from here which are the companies which are laying off or have already done so and what is the real reason for layoffs, information about this is also given here.

Which companies laid off employees?

According to media reports, big companies like PayPal, Cisco and Cloudflare have laid off thousands of employees. PayPal is being discussed the most. The company is preparing to reduce its workforce by about 20 percent in the next few years. If we look at the reports, more than 4700 employees may be affected by this. The company now wants to invest more in AI and automation. At the same time, Cisco has also decided to eliminate about 4000 jobs. The company says that now it wants to focus on AI and the fast growing tech sector.

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What is the reason for retrenchment?

Earlier companies used to fire employees to reduce costs or due to business losses, but now the picture is changing. Now AI is being considered as the biggest reason. Many companies say that with the help of AI, many tasks are being done faster and at lower cost. In such a situation, companies want to work more with a smaller team. This is the reason why continuous restructuring is being seen in the tech sector.

Impact from LinkedIn to Freshworks

The impact of layoffs is not limited to American companies only. Companies like LinkedIn, Freshworks, Coinbase and Truecaller are also reducing the number of employees. Freshworks has laid off about 500 employees. The company says that the way of working is changing rapidly due to AI.

Increasing concern among employees

Due to continuous layoffs, fear and uncertainty is increasing among people working in the tech industry. People are also expressing concerns about jobs on social media and platforms like Reddit. Many people believe that in the future, more jobs may be affected due to AI. However, some experts say that AI cannot completely replace humans. In the new era, only those people will be more safe who will keep learning new technology and update themselves continuously.

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What should be done?

Experts believe that restructuring in tech companies may increase further in the coming months. Companies are now working on planning to do more work with less employees. At present, the most important thing for those working in the tech sector is to learn new skills and increase their ability to work with AI, because now the industry is changing rapidly and the coming time is considered to be completely of technology and automation.