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50,000 tech jobs cut as firms turn to AI

Liverpool Echo

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April 17, 2026

MORE than 50,000 tech jobs have been cut in 2026 as tech behemoths such as Snap, Oracle and Meta link layoffs to AI and a shift in spending towards Al infrastructure.

- SASKIA KOOPMAN

Recent figures from Challenger, Gray & Christmas show over 52,000 roles were eliminated in the sector in the first quarter alone, with AI cited as a factor in a growing share of cuts.

In March, 60,620 job losses were announced across all industries, with AI accounting for around a quarter of them, while tech led the way with 18,720 redundancies.

Separate data suggests the pace is only accelerating, with layoff tracker True Up estimating that almost 60,000 tech workers have already been cut this year across more than 170 events. This puts 2026 firmly on track to exceed last year's total if the trend continues.

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