All Topics
All Topics
Technology
Technology
AI
AI
Business
Business
Entertainment
Entertainment
News
News
Programming
Programming
Science
Science
Design
Design
Environment
Environment
Finance
Finance
Crypto
Crypto
Politics
Politics
Sports
Sports
Education
Education
Gaming
Gaming
Art
Art
Music
Music
Health
Health
Security
Security
Books
Books
Food
Food
Travel
Travel
Personal
Personal
Bluesky
Twitter
First reported by Zawya
Microsoft joins AI-driven tech layoff wave with 4,800 job cuts

Tracking 2026 layoffs: Over 100 companies cutting jobs amid AI adoption and economic uncertainty

The article reports on the wave of layoffs occurring in early 2026 across multiple sectors. It notes that U.S. layoffs exceeded 1.1 million in 2025, driven by AI implementation, economic uncertainty, and cost-cutting. The piece lists companies that have announced job cuts so far in 2026, including Microsoft cutting nearly 5,000 jobs (with significant Xbox division impacts), and indicates that more than 100 companies are expected to conduct layoffs this year.

FOX Local2d ago6 min readenNews
Read on fox32chicago.com

Key quotes

Headcount reductions in early 2026 are taking place at companies in a broad range of sectors, impacting tens of thousands of employees.
In 2025, U.S. layoffs topped 1.1 million, with companies citing AI implementation, economic uncertainty, and cost-cutting as primary reasons for staff reductions.
Microsoft announced in July it was cutting nearly 5,000 jobs, including a large number of workers at its Xbox video game business.

From the article

More than 100 companies are set to layoff workers in 2026.
Continue reading on fox32chicago.com

You might also wanna read

Comments

Sign in to join the conversation.

No comments yet. Be the first.