AI-driven Big Tech layoffs accelerate: 113,863 cuts in 2026, 863 per day

From January 1 through May 12, 2026, 179 layoff events eliminated 113,863 jobs, an average of 863 cuts per day. Oracle made the largest single cut at 30,000; Meta has another 8,000 planned for May 20; Amazon cut 30,000 over the past five months; and Microsoft used voluntary departures to remove about 125,000. As capex shifts toward AI data centers, GPUs, and robotics, content, customer support, and coding roles are taking the direct hit.