Tech layoffs in 2026 have reached 142,000 as profitable companies including Meta, Amazon, and Oracle cut jobs to help fund a combined $700 billion AI infrastructure buildout. Meta’s 2026 cuts align with capital expenditure guidance of $115 billion to $145 billion, most of it earmarked for AI infrastructure, while Oracle’s cuts totaled 21,000 over twelve months. The trend reflects a broader pattern of salary budgets being redirected toward GPU clusters and data centers across the technology sector.
