Over 1,19,000 tech workers lost their jobs in the first half of 2026 as AI-driven restructuring reshapes the industry, with Microsoft cutting an additional 4,800 positions.
Microsoft has laid off roughly 4,800 workers in its latest layoff round
Jul 07, 2026
11:02 am
What's the storyThe tech industry is experiencing a massive wave of layoffs, with over 119,000 employees lossing their jobs in the first half of 2026. This downturn is largely driven by AI-led restructuring.
Microsoft has laid off roughly 4,800 workers in its latest layoff round, primarily affecting the Xbox division.
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