The technology industry is experiencing an AI-driven wave of layoffs, with giants like Oracle and Amazon significantly trimming positions.

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Mars Finance reports that, according to the latest industry reports and company disclosures, the technology sector is experiencing a large-scale layoff wave driven by artificial intelligence (AI) in 2026.
Although many companies have achieved record high revenues, they are reallocating funds to AI infrastructure development and using AI to improve operational efficiency, with major tech giants intensively restructuring their organizational frameworks.
Data shows that in May of this year, layoffs in the tech industry reached the highest single-month total in years, with AI becoming the most core reason for layoffs.
At the operational level, several leading companies have already implemented large-scale personnel reductions.
Oracle’s latest documents disclose that over the past 12 months, 21k employees (about 13% of the total workforce) have been laid off due to internal AI technology deployment.
Amazon cut 16k corporate jobs in January this year, with management expecting the widespread application of generative AI to significantly reduce demand for traditional roles.
Meta, while laying off about 8,000 employees, has restructured nearly 7,000 of them into AI core business positions.
Block has significantly cut 4,000 employees, nearly halving its total staff, to adapt to the flattened operational model brought by AI tools.
Additionally, companies including Cisco (4,000), Intuit (3,000), Atlassian (1,600), Cloudflare (1,100), Snap (1,000), as well as Coinbase and Salesforce, have announced substantial layoff plans related to AI transformation this year.
Meanwhile, although Google, Microsoft, and IBM have not disclosed specific layoff totals, they are also continuously advancing rolling job replacements and restructuring tied to their AI strategies.
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