Layoffs in the tech industry are on the rise, and the United States is leading the charge, according to a UK-based foreign exchange provider.
RationalFX says its team looked at the wave of layoffs in the tech sector for the first three months of this year by analyzing data from TrueUp, TechCrunch and multiple state WARN databases.
The firm finds that 45,363 tech employees around the world have already been laid off, with the United States accounting for 30,846, or about 70% of the global total.
According to RationalFX, Amazon leads tech layoffs by a wide margin.
“After cutting nearly 20,000 roles in 2025, the second-largest total among tech companies that year, the e-commerce and cloud computing giant Amazon has announced a further 16,000 job reductions in 2026, one of the largest single workforce cuts in its history, following 14,000 redundancies in October 2025.”
At number two is Jack Dorsey’s Block, after the firm announced that it was cutting 40% of its workforce due to the rise of intelligence tools. Meta is also on the list, trimming its workforce by 1,500 employees.
RationalFX says that AI adoption accounts for over 20% of the layoffs in the global tech industry.
“Artificial intelligence and automation are increasingly cited as factors behind workforce reductions across the technology sector. In total, 9,238 layoffs in 2026 so far have been linked directly to AI adoption, automation, or organisational restructuring tied to these technologies. Many companies implementing layoffs have framed the cuts as part of broader shifts toward AI-assisted operations, where fewer employees are required to manage increasingly automated workflows.”
The firm says the trajectory of layoffs in tech will ultimately depend on how companies move toward AI-driven operations.
Disclaimer: Opinions expressed at CapitalAI Daily are not investment advice. Investors should do their own due diligence before making any decisions involving securities, cryptocurrencies, or digital assets. Your transfers and trades are at your own risk, and any losses you may incur are your responsibility. CapitalAI Daily does not recommend the buying or selling of any assets, nor is CapitalAI Daily an investment advisor. See our Editorial Standards and Terms of Use.