Tech industry loses 123,000 jobs this year—AI is the most cited reason for layoffs
US tech industry cut 123,653 jobs since January 2026, up 66% from last year during the same period — AI now the most cited reason for cuts by US employers: report
US tech layoffs record single-highest month in two years, and more than any other sector — nearly 40,000 get the axe, AI the most cited reason for layoffs
