Layoffs

Dell Technologies disclosed in its fiscal 2026 annual report that headcount fell to approximately 97,000, marking a third consecutive year of 10 percent reductions and a cumulative loss of 36,000 jobs since fiscal 2023, even as AI-optimized server revenue hit $9 billion in the fourth quarter alone.

Atlassian eliminates 10 percent of its workforce, including 900 R&D roles, to self-fund AI and enterprise investments while replacing its CTO amid a broader SaaS industry contraction.

Oracle executes mass layoffs via 6 a.m. emails across the US, India, and other countries, eliminating up to 18% of its workforce to free an estimated $8-10 billion for AI infrastructure spending.

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.

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.

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.