Tech Layoffs So Far This Year Have Officially Blown Past the Total for 2025
The carnage continues. The post Tech Layoffs So Far This Year Have Officially Blown Past the Total for 2025 appeared first on Futurism .
In 2025, the tech industry saw a massive wave of layoffs, with 122,606 professionals losing their jobs across 278 global companies. Major players like Amazon and Meta were leading the charge, shedding workers as they poured resources into AI investments. However, 2026 is expected to be even rougher for tech workers, as layoffs have already surpassed the total of last year by mid-August.
According to Fast Company, by August 6, the number of tech-industry layoffs reached 125,759, and it continues to climb. As of a week after the Fast Company report, the total number of layoffs stood at 126,305, according to the layoff tracker Layoffs.fyi. The surge is primarily driven by downsizing at software giants such as Salesforce and LinkedIn, as well as cybersecurity firm Rapid7.
The rise of commercially-available large language models has made developers and software engineers less valuable, causing many to leave the industry. Ironically, these AI tools are now being used to eliminate the very roles that enabled the AI boom, resulting in a mass-deskilling trend that shows no signs of slowing down.
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