Synopsis​​Since the beginning of 2026, over 120,000 tech employees have been laid off across more than 200 companies including Meta, Amazon and Oracle, according to Layoffs.fyi, a platform that tracks layoffs. Organisations are being transformed into leaner, technologically immediate operations that fetch better valuations for stakeholders.Over the past year, the accelerated global adoption of artificial intelligence has driven sharp productivity gains for companies. As intelligent systems perform routine and knowledge-based tasks more efficiently, many roles have become redundant, prompting widespread staff cuts. Since the beginning of 2026, over 120,000 tech employees have been laid off across more than 200 companies including Meta, Amazon and Oracle, according to Layoffs.fyi, aNow Playing