Tech Sector Layoffs Keep Mounting As Cuts in Other Sectors Fall
Bloomberg Technology·2026-05-07 18:47

Let's take a look at today's big number, eighty five thousand four hundred and eleven. That's the number of planned cuts in the tech industry so far this year, up 33% from the same period in 2025, bringing the total for 2026 to a three year high even as overall private sector layoff announcements receded. This is all coming from data from challenger.Bloomberg's US economy reporter Julia Vanzar is joins us now on the train trend that we're seeing. Look. We've whether it's anecdotal, whether you think of the ...

Tech Sector Layoffs Keep Mounting As Cuts in Other Sectors Fall - Reportify