Labor

US tech job cuts hit 113K by May 18, AI cited 48%, averaging 825 daily

2026 US tech cuts reached 113K across 179 companies by May 18, averaging 825 daily. Cloudflare 1,100, Upwork 25%, Coinbase 700 among latest. AI accounts for 48% of cuts.

Primary sources · 2
TechJournalYahoo Finance
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