2026 Tech Layoffs Hit 142,985 People Across 339 Companies — 48% Explicitly AI-Attributed, Averaging 1,007 Cuts Per Day

Tech Journal·high signal

Through May 18, 2026, over 142,985 tech workers have been laid off across 339 companies at an average of 1,007 per day — with approximately 48% of tracked layoffs explicitly attributed to AI by the companies making the cuts. The pattern is consistent: companies report record revenues while simultaneously cutting headcount and redirecting savings into AI infrastructure. However, roughly half of AI-attributed layoffs result in the same roles being rehired offshore or at lower salaries — making this a labor repricing story as much as a labor reduction one.