Written by Alimat Aliyeva
The number of job cuts announcements at U.S. technology companies continues to rise, outpacing other industries as companies ramp up investments in artificial intelligence (AI).
Azel News I will report it.
In March 2026, tech industry employers announced 18,720 layoffs, 24% more than in March 2025. As a result, the total number of industry layoffs since the beginning of 2026 exceeds 52,000, the highest number for a first quarter since 2023.
Big technology companies like Meta, Oracle, and Block Inc. are reducing their workforces to direct resources to AI development and automation. Despite these trends, analysts note that the overall level of layoffs in the U.S. remains relatively modest, with the current labor market in a state of “low jobs, low layoffs.”
While AI-enabled restructuring is the primary driver of job cuts, layoffs are also associated with company closures, restructuring efforts, and cost optimization strategies, according to consulting firm Challenger, Gray & Christmas.
Previous reporting from Reuters suggested Meta could cut more than 20% of its workforce as part of efforts to offset rising AI-related costs. Meanwhile, the Financial Times reported that major US companies including Amazon, UPS, Dow, Nike and Home Depot are planning to cut at least 52,000 jobs due to slowing labor market growth and the rapid adoption of AI technology.
Experts say this wave of layoffs reflects structural changes in the labor market, with demand shifting away from routine roles and toward AI-related and highly skilled jobs. While automation may eliminate certain jobs, it is also expected to create new opportunities in areas such as machine learning, data science, and robotics, which could reshape the future of work over the next decade.
