beep@piefed.world to Data is Beautiful@lemmy.worldEnglish · 18 days ago

cross-posted from: https://piefed.world/c/tech/p/1106745/tech-layoff-wave-has-already-hit-100000-jobs-this-year

After easing in 2024 and 2025, tech layoffs have surged again in 2026, with more than 100,000 jobs already cut worldwide by early May, according to data compiled by Layoffs.fyi, which tracks publicly reported job cuts in the tech sector. As our chart shows, layoffs totaled around 81,700 in the first quarter alone, the highest quarterly figure since early 2023, before adding about 20,000 more in the first six weeks of the second quarter.

Source: Statista.

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Tech Layoff Wave Has Already Hit 100,000 Jobs This Year

Tech Layoff Wave Has Already Hit 100,000 Jobs This Year