layoffs

Meta lays off roughly 700 employees across five divisions while weighing far deeper cuts of up to 20 percent of its workforce to offset AI infrastructure spending that could reach $135 billion this year.

Epic Games lays off roughly 20 percent of its workforce, citing a Fortnite engagement downturn that began in 2025 and over $500 million in targeted cost savings.

Amazon has eliminated approximately 30,000 corporate positions since October 2025 through two rounds of layoffs, with March cuts reaching its robotics division and unconfirmed reports suggesting a third wave of 14,000 additional reductions in Q2 2026.

Federal Reserve and Harvard studies reveal AI is simultaneously eliminating entry-level positions and boosting wages for experienced workers, creating a bifurcated labor market as tech layoffs surpass 45,000 in early 2026.

Jack Dorsey's payments company eliminated 4,000 jobs—nearly half its staff—attributing the cuts directly to AI productivity gains and predicting most companies will follow within a year.

Amazon beats Q4 revenue estimates with AWS growing 24%, but a $200B capex plan — $51B above consensus — and 16,000 job cuts signal the true cost of competing in AI