Tech Cuts 165,925 Jobs in 2026 as September Layoffs Surge 77%
U.S. tech firms announced 165,925 job cuts through September 2026, up 54% year-over-year, even as overall layoffs fell 18% in September, according to Challenger, Gray & Christmas.
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Challenger Gray Christmas
Topic
Challenger Gray Christmas
AI Cuts Triggered Over 120,000 Job Losses in Nine Months
AI drove over 120,000 job cuts in nine months—21% of all layoffs. Meanwhile, 54% of U.S. business leaders say compensation is bei…